• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Caption Contest: The Four Horsemen Arrive

Tyler Durden's picture




 

The four horsemen of the Eurocalypse arrived in Dublin Castle today. If we were the 6 (yes, only 6) tons of official Irish gold holdings, we would be worried. Very worried.

And as a bonus, here is Sudoku Schauble: because forcing sovereign states to sell you their gold at firesale prices is exhausting work.

h/t Ronan

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Fri, 04/12/2013 - 16:01 | 3442491 SilverRhino
SilverRhino's picture

Damn, where's an IRA shooter when you need one? 

Fri, 04/12/2013 - 16:06 | 3442520 ParkAveFlasher
ParkAveFlasher's picture

IRA shooters had kids, who now comprise the largest market in the world for spray-tanning products.

Fri, 04/12/2013 - 16:07 | 3442524 Joe Davola
Joe Davola's picture

Outside of New Jersey.

Fri, 04/12/2013 - 16:10 | 3442533 Pinto Currency
Pinto Currency's picture

 

Based on their track record of failure and coercion, these rejects should be run out of town.

Fri, 04/12/2013 - 16:14 | 3442566 Dr Paul Krugman
Dr Paul Krugman's picture

At least the don't think gold will save the euro.

How are all the gold bugs feeling now that the price of their precious rock is down $80 on the day?

Fri, 04/12/2013 - 16:15 | 3442572 Spider
Spider's picture

I have a feeling something big will happen this weekend - hence the $80 takedown in gold

Fri, 04/12/2013 - 16:18 | 3442584 Dr Paul Krugman
Dr Paul Krugman's picture

Doom!

Fri, 04/12/2013 - 16:20 | 3442587 Pinto Currency
Pinto Currency's picture

Krug, a quick education.

Gold is a metal not a rock and it has a 5,000 year history of market choice as money.

Paper fiat money in the West is a 100 year old attempt by governments (and economists) to fight the market.

Game over.

Fri, 04/12/2013 - 16:23 | 3442609 Spider
Spider's picture

Let me add the argument for silver - production costs for 2012 clsoe to $24 per ounce.  Not much further to go before you hit the production cost floor - i'll buy my physical now before the govt confiscates the ETF silver..

http://seekingalpha.com/article/1303691-the-true-cost-to-mine-silver-complete-2012-figures

Fri, 04/12/2013 - 16:26 | 3442635 Dr Paul Krugman
Dr Paul Krugman's picture

Doom!

Fri, 04/12/2013 - 16:27 | 3442657 akak
akak's picture

Choom!

Fri, 04/12/2013 - 16:38 | 3442716 Pinto Currency
Pinto Currency's picture

 

Like a bolt of lightning, akak you have suddenly clarrified the origin of Obama's economic policy to me.  Thanks!

Fri, 04/12/2013 - 17:04 | 3442885 francis_sawyer
francis_sawyer's picture

Where's RICHARD DAWSON?

~~~

'Survey SAID!'...

Fri, 04/12/2013 - 17:20 | 3442962 toys for tits
toys for tits's picture

Why does Dr. Krugman only have sex while lying on his back?

 

 

 

 

 

Because he can only fuck up.

Fri, 04/12/2013 - 17:25 | 3442977 JPM Hater001
JPM Hater001's picture

"To the question - Did my stash arrive... according to my iPad not yet."

Fri, 04/12/2013 - 19:12 | 3443287 I am more equal...
I am more equal than others's picture

Caption contest entry:

 

Are you telling use Dr Paul Krugman is a founding member of NAMBL?

Fri, 04/12/2013 - 19:48 | 3443397 Supernova Born
Supernova Born's picture

Krug, they kept quoting you on Bloomberg Europe last night:

The Internet's impact on the economy will be no greater than the fax machine's. Krug 1998

True?

Fri, 04/12/2013 - 20:15 | 3443485 smlbizman
smlbizman's picture

its just not funny anymore....

Fri, 04/12/2013 - 18:20 | 3443134 prains
prains's picture

Boom !

Fri, 04/12/2013 - 16:31 | 3442688 ghandi
ghandi's picture

Suck on dem nutz good, boy!

Fri, 04/12/2013 - 18:22 | 3443137 prains
prains's picture

Is this the new cast for Monty Python ??

Fri, 04/12/2013 - 23:05 | 3443926 monad
monad's picture

These are the cauc finalists for Upper Class Twit of the Year.

Fri, 04/12/2013 - 16:48 | 3442726 THE DORK OF CORK
THE DORK OF CORK's picture

Doom depends on where you live I guess.

 

If you live on a island in this currency union .....................well you are dead meat.

 

Extraction is so easy.

As our former late finance minister said before he checked out after doing his duty.

"We are a island." (he had keen powers of observation)

 

This is Irish & Scottish clearance like stuff.

We have seen this movie before and I am afraid its the same banks really.

www.youtube.com/watch?v=ryozM8twDUI

 

They wish to drive these islands into extreme surplus so that they can eat all the  pies.

Its how England became the first Industrial giant .....remember ?

 

The gold is flowing to England again.

The physical trade in goods data is pointing  , no screaming in that direction.

 

The EU is not what it seems.

Fri, 04/12/2013 - 17:15 | 3442889 JonNadler
JonNadler's picture

 Jon Nadler

 Paul Krugman

 

best troll?

 

 

Fri, 04/12/2013 - 17:14 | 3442934 Pinto Currency
Pinto Currency's picture

 

Krug - you are very helpful in drawing out facts.  Please keep up the trolling work, so much information would remain lost in the noise without you.

Fri, 04/12/2013 - 18:04 | 3443091 monad
monad's picture

The EU seems like the Norman conquest. except the Normans got to Ireland last and Islam wasn't waiting for sloppy seconds.

Fri, 04/12/2013 - 18:39 | 3443200 THE DORK OF CORK
THE DORK OF CORK's picture

No 

It more of a Tudor thingy.

Fri, 04/12/2013 - 23:00 | 3443914 monad
monad's picture

Then your best option is to knock up all their wives & daughters.

Fri, 04/12/2013 - 20:33 | 3443539 WhiteNight123129
WhiteNight123129's picture

The Gold price manipulation has been documented in 1965, in 1917, in 1933 in the 1970s and in China Silver before the monetary reform of 1935.

Do not ask me to put the records on because you are going to get wacked in shame publicly on that blog.

I am not sure Gold is manipulated rather than following both the hard and soft commodity recent plunge.

But if I were you I would not bet that Keynesianism miracle of the UK post world war II does not have the same consequence in the US then in Britain.

You know very well what monetary base expansion does in the long run, so due Kenneth Rogoff.

The only reason that we have not much inflation is because credit contracts while money expands, one offsetting the other. There are two means of payment credit and money. If we were in Gold standard and if base money was not expandable we would have a huuuuugge price plunge.

IF I WERE YOU I WOULD NOT REJOICE IF GOLD PRICE PLUNGE BECAUSE THAT WOULD MEAN THE REFLATION IS FAILING...!!!

 

 

Fri, 04/12/2013 - 16:22 | 3442610 NotApplicable
NotApplicable's picture

Stop that!

Why do you people constantly engage with the fucking trolls? Which part of lose-lose do you not understand?

You know, it's not so much that trolls ruin threads, but those who insist upon empowering them.

Oh... never mind, I'll just leave now. Feed the trolls till your blood boils if it makes you feel better (which it won't).

Fri, 04/12/2013 - 16:26 | 3442644 Dr Paul Krugman
Dr Paul Krugman's picture

And you having nothing better to do than be power hungry and tell everybody what to do and how to think.

Fri, 04/12/2013 - 16:32 | 3442683 11b40
11b40's picture

As I used to hear in the school yard....it takes one to know one, and you ought to know.

Fri, 04/12/2013 - 16:30 | 3442691 ghandi
ghandi's picture

Oh yeah, lick 'em there!

Fri, 04/12/2013 - 17:32 | 3443004 NoDebt
NoDebt's picture

Are the Hedgies starting to get to you, Fake Doc?  Is that a bit of anger I hear in your typing? 

Fri, 04/12/2013 - 19:26 | 3443329 Kirk2NCC1701
Kirk2NCC1701's picture

You slippery eel, you.  You cherry-pick your talking points (like any good PR agent or politician), but avoid answering REAL questions.  E.g. in a prior posting about the Tunnel People, you stated something about job training & creation.

1. Some of these already had all the education & training at their last jobs, before the likes of Romney dumped them, and health care costs and foreclosures ruined them.

2. I told you in response that, given today's tech, machines and computers, we really do NOT need as many people to maintain the productivity & lifestyle for the rest.

I'd like an answer please.  Don't make me beg, Paul!  Or I'll sick Sulu on your butt.  And he'd do it too.  ;-)

Fri, 04/12/2013 - 16:59 | 3442856 Temporalist
Temporalist's picture

Funny you accuse me of being emotional and you're going off in every article.  I was mocking someone at least.  I love the trolls.  They are my pets.  If I don't feed them they will find another owner and I can't have that.  I especially like the trolls that post links to websites in small obscure countries because I couldn't figure out not to click on them beforehand.  And I like that the special trolls open accounts and wait a long time and post infrequently to remain stealthy but I know who they are and they will be my pet too.

Fri, 04/12/2013 - 18:24 | 3443146 toady
toady's picture

I'm with you, but not for the same reasons. I actually hate the trolls that do what you say you like.

I'm partial to the high quality troll here on ZH. They provide the counterpoint to what can become too much gold, guns, republican glad handing.

But they have to be sharp, be able to do point/counter point or put out a ridiculous manifesto and walk away. When it degrades to one word responses like the 'doom' above it's just tiresome.

Fri, 04/12/2013 - 16:22 | 3442615 SilverIsKing
SilverIsKing's picture

"Just a little bit more and we'll be at our buy price."

Fri, 04/12/2013 - 16:34 | 3442702 The Heart
The Heart's picture

"Gold is a metal not a rock and it has a 5,000 year history of market choice as money."

Off the wall vision number 382,678,084.5:

Everybody trades with rocks, therefore everybody has plenty of riches, or that which they call valuable. Lots of rocks everywhere for everyone...carry all you want. Barter is the economy, trades and hands are at work, Truth and Justice it's Siamese-twin brothers stand by all sides. No paper butt to wipe with please.

Back to the game at hand.

Fri, 04/12/2013 - 17:13 | 3442926 justinius1969
justinius1969's picture

it can stll go down my friend.. reverse your truck when it sells off to $1000

Fri, 04/12/2013 - 16:25 | 3442613 scatterbrains
scatterbrains's picture

speaking of doom there's something strange about this market.  I'm staring and staring and don't know what to make of it.  Would appreciate your expertise in helping me understand this..

http://fiatflaws.blogspot.com/

 

Fri, 04/12/2013 - 16:40 | 3442740 The Heart
The Heart's picture

"Would appreciate your expertise in helping me understand this.."

Answer: Chaos ala Orwell and nutzy money god puppetmasters gone out of control.

2+2=*246,847,80,2,5689,23-43,07.96,89374,5.568,33.999 Euros.

Eazy peazy.

Fri, 04/12/2013 - 16:50 | 3442814 Svendblaaskaeg
Svendblaaskaeg's picture

Alfred Nobel:"Kaboom!"

Fri, 04/12/2013 - 19:17 | 3443296 silverserfer
silverserfer's picture

Douche!

Fri, 04/12/2013 - 16:18 | 3442585 Pinto Currency
Pinto Currency's picture

wiped

Fri, 04/12/2013 - 16:22 | 3442603 Dr Paul Krugman
Dr Paul Krugman's picture

You gold bugs and bitcoiners will have to keep telling yourselves how smart you are because there is no rationale other than your fear of the future holding together your theories.

And as for the last hundred years vs the thousands before them, if you want to go back to a gold standard you forget it was the last hundred years that created the middle class.

Fri, 04/12/2013 - 16:24 | 3442628 Pinto Currency
Pinto Currency's picture

 

With people like yourself and Mr. Gideon Gono advocating printing trillions of dollars of debt money to solve a debt problem, we should be worried - and the gold is moving rapidly.  Just watch.

Fri, 04/12/2013 - 16:28 | 3442665 Dr Paul Krugman
Dr Paul Krugman's picture

I don't advocate a liquidity trap - I advocate stimulus and job programs.

Fri, 04/12/2013 - 16:33 | 3442695 ghandi
ghandi's picture

I'm going download my liquidity all on your ugly face!

Fri, 04/12/2013 - 16:38 | 3442732 Pinto Currency
Pinto Currency's picture

 

Krug - yes and your policy has failed.

http://research.stlouisfed.org/fred2/series/CIVPART/

Double down?

 

Do NOT follow this link or you will be banned from the site!