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A Dollar-Yen Tale Told By An Idiot, Full Of Sound And Fury, Signifying Nothing
We are so deep inside the centrally-planned, Keynesio-monetarist Twilight zone, that the best we can advise is just laughing at the utterly ridiculous amounts of daily idiocy hitting the tape now on an hourly basis.
h/t @andrewyorks
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Looking forward to the day that China's central bank buys a truckload of GLD then sends notice to HSBC that they will be taking delivery.
A far better question is when will the PBOC announce what its current gold holdings are (no updates since 2009) which we estimate currently at between 3000 and 5000 tons.
See Sprott for more on this issue, and read this article for what is known and unknown vis-a-vis Chinese gold hoarding.
It's all good in the "Middle Kingdum".
Jim Rogers: Everyone is printing money and this has never happened in world history...
http://www.planbeconomics.com/2013/05/jim-rogers-on-japan-korea-and-shor...
Fair question. But, when will the U.S. announce what their current gold holdings are while we are at it?
Curious how no 400 ounce LGD bars with a Chinese stamp on them ever seem to make it across the border and out of China. They export plenty of 1000 ounce silver bars with Chinese markings, but they seem to keep tight hold of all gold mined inside China.
So that 5,000 tonne figure might be on the low side...
I'd guess 6 to 10,000 tons. Ok 10 might be high but I think your 5,000 is a tad low.
10,000 might be on the high side as of now (we're just talking about Official holdings, right?) but it's a nice round number, and it's higher than the US figure of 8,000 odd, and that's going to be the point they want to make. They are keeping quiet until they can demonstrate they are the new #1, in every way.
And as for unofficial holdings, they seem to be supportive of enabling their huge population to buy gold, so it is not inconceivable that guesses as to what the Chinese individuals hold could soon match guesses as to the holdings of the Indian population (generally guessed at around 20,000 tonnes).
Who really holds what? Who holds gold and who holds tungsten? This is one hell of a poker game!
The bigger question is when does China, Russia, and a couple of oil exporting states declare they have accumulated enough gold that they they are issuing a (reserve?) currency backed, at least to some extent, by gold? Immediate game over for USD, JPY, Sterling, etc.
Arguably, there is nothing Obummer, Bernanke, and Draghi fear more. Who's David Cameron?
P.s. At that point we find out just how valuable the US Armed services are. Make no mistake, I respect or troops tremendously. It's their political masters I have nothing but contempt for....
You coward. Any one who VOLUNTEERS to support our global violence hegemony is seriously deranged. They do not protect our borders any more.
Why would an oil exporting country want to base a medium of exchange on yellow metal, when it can base it on something that actually matters, like joules?
If you want to base a currency on something, base it on something with non imaginary value. The value of gold and dollars and yen and euros is imaginary. Their value didn't exist when mankind arrived on Earth.
The value of joules did. Or calories.
I would suggest that in that context, the value of gold is still pretty high as an industrial commodity.
http://www.cnic.navy.mil/navycni/groups/public/@cnreurafswa/@naples/documents/document/cnic_047152.pdf
So you're saying we should denominate pork fat?
What an absurd comment.....the value of joules did (exist when mankind arrived on Earth).....first of all, where did they arrive from? Secondly, what value did energy have if no one was around to use it? Or did you mean at the moment people arrived? What value did it suddenly have then? I am really having problems with this.....as for the imaginary value of gold, dollars, yen, etc......I guess you mean that they don't produce energy...which is not really true as you can burn paper. Gold, on the other hand, is a pretty good conductor of electricity.......
Calories are required just to live. No calories = dead.
1 calorie is ~4200 Joules. Therefore no Joules = dead.
Power, to do stuff is measured in Watts, 1 Watt is 1 Joule expended every second. The more power you have the faster you can do stuff and the faster you expend energy.
The Joule is also the SI unit of work. It's defined as the energy required for a 1 Newton force over a distance of 1 metre. You want to apply force over a distance (like a car), you need Joules. You want to do something fast or something big? You need lots of Joules. An average human being can produce about 250 Watts of kinetic energy on a sustained basis. An average nuclear power station produces 1 billion Watts of electricity and another 2 billion Watts of heat on a sustained basis.
As CIO points out, Joules are the ultimate currency. They define absolutely what you can and can't do, life and death, real poverty vs real wealth. They are what geopolitics is all about. The more power you can bring to bear, the wealthier you are in a very real way. The shutting down of Japan's nuclear power stations immediately turned the entire country from a wealthy powerful one in to a poor weak one.
The real problem with Joules is, it would simplify everything; they can't be faked, obfuscated or manipulated and would make virtually the entire financial sector irrelevant. They're also a bitch to produce and to store.
You guys are funny. The biggest source of energy is the sun. Completely uncontrollable and essentially free. This will not allow it to be any type of monitary standard.
-1 FAIL since the Carter Administration (at least) ...
"No Army ever moved on solar." Quote me.
Not sure we're ever going back to the gold-based currency. That said, many will trust the full faith and credit of a country with a currency backed by 6000 tons of gold than a country with little more than debt and taxes.
We know they're buying gold, so what is the amount they need to ditch the western CB ponzi? If it's not realistic, then, IMO, they're buying gold to dampen the exported inflation. If it is possible, then....
+1
Whether it's possible or not, the Chinese will buy as much gold as is necessary. And then mine some more, just in case. And because they can.
I love Shakespeare. Here's one for you:
If you prick us do we not bleed? If you tickle us do we not laugh? If you poison us do we not die? And if you wrong us, shall we not revenge?
Merchant of Venice, III:1"No, 'tis not so deep as a well nor so wide as a church-door, but 'tis enough, 'twill serve."
Mercutio, Romeo and Juliet.
An even better question would be how many "Patriots" would buy the new reserver currency, the "Golden Yuan"?
This is what all the Libertarians have been clamoring for, the demise of the foolish fiat dollar and a return to real money.
Just think how many battler rifles you could get for a few golden yauns.
What do you say Patriots?? This is your chance, Ayn Randians unite!
Jang Gault would be proud.
Dem chicons cut 'em a goot deal wit somebodie.
Unloaded MBS in 06 to.
Almose like thayse siecic or sompin' like dat der?
A conspiracy of silence speaks louder than words...
(Looks like Japanese CB is exercising it's Mirandamoto rights)
Obama says "Better not to comment on Tyranny levels"
Tyranny Levels
Green
Chartreuse
Mauve
Taupe
Clear
Cloudy
Mixed
Kinda shitty
Disturbing
WTF?
You gotta be kidding me
I didn't say anything, officer
Skidmark brown
So this is a FEMA camp
Excessive
Dead
On mauve days, you gotta go pee in a cup.
Will the next CB circle jerker please step forward? The gentleman from Japan yields.
When the world starts to shine like it's had too much wine thats Amari
http://www.youtube.com/watch?v=8_cOP8y6sWs
China will NEVER buy a truckload of GLD because they are too smart to buy a bullshit ponzi-product designed by Wall Street.
They own a trillion or so in Treasuries don't they...?
How do you say two-faced in Japanese?
Obama....or Fucky sucky take your pick.
Gizen-tekina (hypocritical)?
But maybe more important to save face (mentsu wo tamotsu)?
anta jouzu ya na. doko de oboetan?
The Bernank is being shown how its done. Get to work Mr. Chairman.
Benny Boy can hit control + P a trillion times in less than 15 minutes
Amari says shit has gone full retard. Better stop making trying to make sense of FX levels. Nobody understands them, least of all government ministers.
5/20/2013 AMARI SAYS BETTER TO PUT FINGERS IN EARS AND SHOUT LA-LA-LA-LA I CAN"T HEAR YOU
I must admit, it is quite comical because we who read this post know better. But on the other side I am saddened by the tumultuous chaos these low life power hungry greedy scumbags are going to cause to a majority of the normalcy biased population
There was a time when governments showed their hands and the vigilantes would pounce (ie. sending the yen further into the abyss). Now it is just the opposite. Bernanke has tamed the vigilantes. Nobody fights the central planners.
I don't agree. Ekm/ZH is 100% correct that Crude is fighting them. Hence the Japan Nuclear article tonight.
Yeah, that ONE little pesky part of reality they aren't in total control of.
I'm sure it's just that oil valued in Yen is being hit hard by "peak oil" because of where they buy their oil, right? Probably not.
Can't fake the funk!
Amari shinyou shinakute ii.
"shinyou" or "shiyou"? Sorry my Japanese is no too good (yet).
Shinyou - double pun in there.
Human shit used as fertilizer.
But "nyou" is pee-pee, n'est pas?
I wonder when South Korea is going to start bombing Japan? ( with F-15s)
Poo-tee-weet?
I hate literary critics.....
AMARI SAYS NISHIMURA SHOULD STOP PORKING HIS WIFE
NISHIMURA SAYS IF AMARI DIDN'T STAY OUT ALL NIGHT WITH THE BOYS MAY HIS WIFE WOULDN'T GET SO LONELY
They will not stop printing Yen, no matter what bullshit they say. All their wealth are belong to me through my Japan fund. Fuck the little yellow monkeys anyway.
so how do u REALLY feel ?!
http://www.youtube.com/watch?v=i3l6xQmQ_qk
Looks like someone is all hopped up on Steven Schpeeeel-berg Hollywood propaganda.
"How dare those dirty nationalist Japs try to thumb their noses at Jacob Schiff and the international banking establishment! Send the boys in!"
Sounds like you'd be better off at a site more fitting your neocon tastes.
Need moar Geishas.
They glow in the dark too!
ot: anyone spare a link to that site that tracks the best price+premium of the major silver/gold dealers ?
Cocaine online
too late niggy.. rammed my shit through at apmex in the middle of that little fucking ramp up that cost me a few more dollas
"Fucking yellow monkeys".
Taken from here. Worth watching. This is the kind of shit they did to your fathers and grandfathers, bitchez.
http://www.youtube.com/watch?v=i3l6xQmQ_qk
Fuck them 1,000 times over.
you don't get it. the japanese will fight for japan. you will fight for banksters. it is you who will get fucked even if the banksters win.
Fuck you, cocksucker.
no, no, no, you will be the one with callouses on your lips(if you don't already)....but you seem like you enjoy the results of your hard work so keep it up......another miute or two should do it.
You seem to know all about it.
Your mom's a good teacher, but you knew that.
Well then maybe our fathers and grandfathers shouldn't have been fighting for the internationalists.
Perfect example, how many Englishmen died in WWII, and for what--for their isle to be flooded with hordes of third worlders, London toiletized, mosques everywhere, and for their own posterity to be jailed for correctly pointing out that said third worlders are not in fact British (see Emma West)?
So a bunch of Americans got tricked into fighting for Uncle Sam just the same way that a bunch of Russians got tricked into fighting for Uncle Joe Stalin. Cry me a river. We're now all reaping the fruits of their 'victory.'
@Htard
I dunno... my forefathers burned German and Polish women and children with phosphorus bombs so...
amari says it is intermission time. go get a bowl of soba and come back after lunch.
The female of the species has made their choice. All else is... foreplay?
Winter is Coming.
May 31st is the Purge. Duck, cover, run, get the fuck out. or make yourself safe.
Now, is that viral marketing, or someone sending a message? After the 24th, it's a message, and any and all YouTube searches I spawn have that as the leading edge, even with running dark, I have done what I can. (No Fear; No Aggression; No Hate. We deal with reality how it is, not how we think it should be). The BritHumour2 posted the last episode. If you need more snark wonder why the Schizoid Man is available in high quality.
A Boy and His Dog. Goddess knows, that was hard to get out of YouTube, the amount of shit polluting the feed is at all time levels. Yeah, we can see you spamming the fake Bieber attack all over, especially trying to remove the actual video where the music and vocals played on while the paper piano fell over but why onto this search? DOGS BITCHES DOG BITCHES CONTROL CONTROL.
Fuck off, you're so slow you're lucky I'm not spreading my wings.
They ate her in the end. Here's the full version instead, you fucking parasites. Know who else re-wrote history? Stalin. Cunts.
Purge? You have no idea.
Speaking of the twilight zone...
Thanks, you just ruined 30 mins of work just to post some shitty reference to a 1970's show with your brilliant comment. Seriously, we're all really impressed with your level of in-depth analysis with your five word reference to a fucking TV show.
Editing 21 links, all gone, well structured argument, all gone, meta-play all over arguing for SAVING YOUR FUCKING LIFESTYLE, gone. I hit post, it gets deleted and we only see your GENIUS comment.
Well. Done.
Fucking just kill them all, the 1.0's bore me. 31st May is your dead-line, it's happening. And yeah, stupid of me to try to raise them up. Just get it done quick and cull the herd, tired of their shit now. Make it quick and make it snappy.
you ARE interesting.......
I disagree.
Makes less sense than the homeless guy down at the park that yells incoherently at the trees.
When I read AEM's post, I can't help but think "Well, they look like English ...".
Kinda like when the humanoid saw his first stone tool... just to compare apples in a more evolutionary sense.
not to hijack the thread, but the cryptic messages of ex machina are far better fare than the crap one has to sift through to get to him. who ever he is, whatever the veracity of his posts, it is nice to read the original zh meme in such an entertaining format by someone who is able to maintain the integrity of his opinion in several different lines of reference with a unique train of thought.
Then your world is very small, and the people who run it will always have power over you. There's a war going on, and it's not about National Borders, or Resources or <insert your shitty MBA or Engineering degree here> it's about homo sapiens and what to do with them. Unless you missed it, the pro-Homo Sapiens crowd have been doing their thing for 70 years now, but it's now all crashing. People running the EU? Pro-Homo Sapiens. Nixon with the EPA - Pro-Homo Sapiens. Consumerism to give humans everything they desire? Pro-Homo Sapiens. (And that was a dumb fucking idea, because you were re-writing brain connections that were identical to the "God Zone", but let's not go there, but we all know how that faction switched and sold us out to the slavers).
It ain't that simple.
If you want some reality, it's the point that "Belief" [God Zone of the Brain] precludes Evolution. If you're a cut-throat Capitalist, I find it hilarious that you imagine that homo sapiens aren't being weighed, measured and judged by the same fucking ideology you use to make the markets. You still use "BLACKS" as slave labour, for fucks sake, do you think you're not being used in exactly the same manner? Now that is hubris.
You're product under high-order Capitalism. That is all. And the 1.0 batch is fucking it up for the 2,0's, so what happens next? (Hint: Plastic Bags and Dumpsters, I seem to remember). It's never about "money", look to Big Ben for that lesson, it's about utility. We're attempting to stop the 7 billion becoming the 500 million. Bleh, and you do not make it easy. Pro-tip: the "people" throwing out millions of mimetic organic robots via fundamentalist Religion?
Yaaaa, they're not your friends, they're the ones wanting slaves. And they're winning.
p.s. I am not on that side, I'm a traitor, remember? (Godammuppitzonegrawr). Oh, and fish are about to go. Everyone knows it, and it has an instant [5-10 yr] cost of ~1-2 billion people. Go look over the globe and wonder how that plays out. This is happening now, no matter your own silly little bubble. If you want to deny it, I don't care, but please stay in your Play-Pen and let the real predators fight it out, because you're dull as shit and limited.
Yeah, you had me at homo sapien.
OT and on a personal note from the other day...
Yes, I intended an "I see what you did there." But, no, it was more toward the shallow end of the pool. I intended some irony, but stones/verve wasn't there. You swim much deeper.
;)
Carry on.
Evolve or Die isn't only about your species. Yeah, yeah, yeah, Metafilter, you're soooo advanced and soooo funny and soooo intelligent:
Learn this one weird little trick a reincarnated kobold otherkin shaman-warrior used to stave off past-life regressions.
Maybe I just don't like you and your kind and find them primitive? You'll have to excuse the quality, YouTube is getting shitty these days.
"Yeah well personally I don't really care for the fill in the blank or their kind." The end.
It has never really been about like.
It never has been, that was merely a Red Rag to to the Bull(shit) of your current ruling class. I've posted this before: you're being groomed for destruction. And Blur really aren't your friends.
31st May. I keep getting spammed by it on multiple platforms, all about the "Purge". Either it's psyops or shit or real or amazing viral marketing that can track across multiple platforms all with no trackers. Do what you wilt, but at least keep your eye(s) open.
Keep yourself safe, and Be Seeing You. Now, a week off. Keep an eye on the 24th and then the 31st, obviously. The weakness of apex predators is that hyenas and so on can outnumber us.
You can burn their system.
Nice.
There will be a further "awakening." In "how it's managed" will be the tell.
He thought he could see, but was blind.
Let's hope OMG occurs before some decide to "nuke the whales." In ALL OUR INTEREST, of course.
not The Purge ?
opening theaters may 31?
can't be...
throw this dog a bone...woof woof
asteroid fly-by on 31 May?
QE2 ?!
ummmm... okay.
Tell the trees I said hi!
If you really want to cry as a Capitalist, work out the wealth potential of millions of years of complex solutions to niches in an evolutionary sense, and then wiping them all out before you can catalog it.
Yeah, that should hurt. Let me see ~ $10 million on a jungle trip and a quick $40 mil to preserve the habitat, or $750 million on synthesizing it without knowing it exists.
Aspirin: comes from trees, Bro!
OOK. OOK. OOK. #CapitalismReallyIsEfficient
Do you have an aem transalation app I can download???
If you're using a phone that has a contract attached to it, then you're already dead. Yes, APPL is not your friend, little one. It's a tool of social control, obviously. Grep my statements over the $17 billion deal and see what happened. Hint: it tanked.
Aww > that's the way to the play-pen, now go find a nice green ball to play with. They'll pat you on the head as they run the world, you're so creative, slave. Oh, you thought you were a blue? Sorry, no such luck. We're sure there's a market for you soon, now: go back to the play-pen or else.
DAMMIT!
I know I shouldn't engage, but I seem to naturally attract the raving ones.
Time to drive away before he tries to wash my windshield.
Aww, you're showing your Nationality there, so small and tiny, it's very cute. Name me X countries that have squeegie boys at traffic lights. (Hint: It ain't the more equal ones).
Thanks for playing, 1.0! Now, culled. Scuttle off now...
Whew.... that was close!
On to the next!
You got a permit for those ducks?
Nu-America says you don't. Spread them, Bitch.
Well the damn trees pissed me off! They deserved to be yelled at. They're lucky I was in a good mood and the dr. won't let me have a lighter.
I find that homeless guy interesting as well.......
Wrong. Aurora's postings are exceedingly thought provoking.
Those who lack dots, can't expect to see inter-dot-al connections.
I have followed his suggestions to GREP, I am consistenly rewarded for having done so.
What?
dup. Must go slower.
2013 remake of "A Boy and His a Dog"
it could be title "A Boy and His Mother"
Late to this party, one never wants to see the destruction wrought when not in control, takes a week or so to get the perspective.
Now that's interesting. Upgraded to dangerous, but now interested. Your intel is obviously more one sided than I thought.
It's more a case of offering warnings.
i'm beginning to understand that it's just a ride...
is that book of eli movie worth watching in full?
It's fairly satisfying, with enough hidden hooks & actual morality to make it less pointless than most blockbusters, and it has Gary Oldman in it, who is always fun.
It's not going to set the world on fire though.
Hicks is old news (although a very decent man - strangely linked to Alex Jones though). That prior link was fresh. So, here's a heavy talk about Monsanto. The woman-in-white is a very interesting lady (the man much less so), and knows her stuff. If it's true (and looking through her resume & papers, she has credentials & brains for it to be) then it means active bio/chemical warfare is being waged.
gary oldman's in it?! fantastic. don't think i've ever not enjoyed a film of his...
hicks may be old news for you, but he was like a breath of fresh air to me.
monsanto vexes me...
i avoid GMO at all cost and i'm glad i live in this country and have my own organic veggie and herb garden...
17 minutes into that interview...very compelliing argumentation built on sound science...
HuffPo publishes piece denouncing the study...claim bad science
huh?
I'd recommend Bad Pharma: How drug companies mislead doctors and harm patients if you want to get a little insight into the way Corporate Science works. Spoiler: it cheats like fuck and does bad science, and kills you people.
And, yes: of course Huff will run a hit piece, they're paid to.
Here's the author of said hit piece: Tamar Haspel has been writing about food and health for the best part of two decades. She's done work for Self, Glamour, Relish, Men's Health, Fitness, Prevention, Health, Cooking Light, and other magazines of that ilk, as well as USA Today and the Washington Post. She's written four books, and is working on a fifth.
Hint: not a fucking scientist. She links to a paper showing how pesticides disrupt the CYP metabolism not herbicides, which Roundup is. Major flag of a bullshitter trying to out-science you. (The Paper in question: The goal of this work was to study the ability of 18 pesticides to inhibit selective model activities for all major xenobiotic-metabolizing enzymes, namely CYP1A1/2, 2A6, 2B6, 2C8, 2C9, 2C19, 2D6, 2E1 and 3A4. Yes, we all know how bad organophosphates are for you: Roundup is a herbicide however, and wasn't part of that study.)
The bottom line is that their paper cites 286 references, which is fairly insane for a paper. Either they're just shooting for the Moon, or are trying really hard to show veracity. You don't cite that many papers as a crank; there's 286 potential ways to shoot you down if you make even a tiny mistake. Their funding (Qmulus) is also worth investigating, as with all papers. It looks fairly benign, at least compared to Monsanto sponsored papers.
See how it works? She's an owned dog, nothing more. The fact they trot out these over-fed poodles and expect it to convince you is a show of just how arrogant that faction is. Too long without real competition, too lazy and too self-satisfied. Wouldn't know a real hunt if it came and bit them on the arse.
Oh, and there's some heavy-weights on the issue.
Do note that the original paper never claimed CYP was blocked in humans, it was blocked in their gut fauna. Which he doesn't address.
[1] Not sure this is public: if I mentioned the three levels of GMO, and what they represented and how I find level 1 / 2 ok, but not 3, would that sound bizarre / odd / without source? Do a search on it, I might be crossing a line here: if you find nothing, then I'll have to edit this. Suffice to say the issue is way more complex than is portrayed in the MSM or Conspiracy stuff, and I find the willingness to ditch proper science over profit (and control) to be short-sighted. (i.e. if found out, which it will be, you'll put the project back 50 years, CF tobacco).
i'm starting "to get" things...thanks
need to do that search on GMOs, but to much other bs to handle now...i'll report back with my findings
full disclosure: now heading to one of those "corporate science" outfits while i still ponder an exit strategy...(fyi - i'm neither r&d nor m&s, but i guess i'm still guilty by association!)
monsanto UK hacked ;-)
ben goldacre's ted talks
thanks for that reference...
Please note: I'm actually pro GMOs (level 1/2 easily, and you probably don't want to know my thoughts on what to do to homo sapiens. Yes, glow in the dark models would be cool, and would sell like hot cakes to teenagers (as long as you could engineer it back), let alone what I'd be doing to hotwire IQ levels).
As long as the science is honest.
The problem is this. That's a fairly comprehensive and well researched outline of the PR stuff Monsanto pulls, and of course, wastes money doing so.
that goes beyond "PR stuff"...
the "new era" of marketing (threat reduction) via corporate-sponsored offensive cyber operations?
but, has the battle against monsanto (and us lead of the wheat trade) been stepped up another notch?
edit:
and another notch now with EU joining the fray...
i think i've read your thoughts on homo sapiens...
doesn't it go something like this?
what's your view on regenerative medicine?
not too long ago, i had the unexpected pleasure hearing de Grey speak at an alumni conference my uni had organized. not sure if i'd want to live 1000 years, unless...
this what you mean by three levels of gmos? (pdf)
"Third-generation GM crops involve molecular farming where the crop is used to produce either pharmaceuticals such as monoclonal antibodies and vaccines or industrial products such as enzymes and biodegradable plastics (Moschini 2006, Halford 2006).
Although concepts have been proven for a number of these technologies, product development and regulatory aspects are even more complex than they are for first- and second-generation crops. Substances produced in the plants must be guaranteed not to enter the regular food chain with a zero-tolerance threshold. Therefore, plants that are not used for food and feed purposes will likely be chosen for product development, or approvals for third-generation GM crops will be given for use under contained conditions only. In either case, this brief overview reveals that the GM crops available so far represent only a very small fraction of the large future potentials of plant genetic engineering." [pp. 668-669]
out of curiosity, what are your main reasons for being pro-gmo? the way i understood gmo purpose, the whole point is to increase crop yield and make product look "better/consistent" to the customer? but, i question both premises. why would those be important? solve world hunger?
we can solve world hunger right now w/o GMO:
"The problem is not enough food, but too much food" leading to over-consumption and waste...""With the global population estimated to reach 9.5 billion by 2075, mankind needs to ensure it has the food resources available to feed all these people. With current practices wasting up to 50% of all food produced, engineers need to act now and promote sustainable ways to reduce waste from the farm to the supermarket and to the consumer."
I think I turning Japanese, I think I'm turning Japanese, I really think so !
http://www.youtube.com/watch?v=gEmJ-VWPDM4
"Keynesio-monetarist Twilight zone"
I cry foul...
there is no economic theory, or theory or ideology of any kind going on here.
Radiation avoids him. Drink well my friends.
sprott is getting mauled.....his outflows must be monstrous..........that cannot help if he starts selling silver back into the market...........
If we assume that Sprotts fund actually has the underlying metal, how much do I have to buy to ask for delivery from him? I wonder if he is ironically the cheapest way to buy silver right now.
well if his fund doesnt have the metal, i imagine there is alot more out there than people think..... i still dont buy this silver shortage at all..... here is gainesville coins.... very reputable. if gold drops to 1100-1200 im in. however, here are their silver eagles uncirculated.......
go nuts fonz.....under 4 bucks over spot..........plenty of rolls of eagles, and not selling for much of a divergence from the "paper" price.................
http://www.gainesvillecoins.com/products/162783/2013-1-oz-american-silver-eagle-roll-of-20-coins-brilliant-uncirculated-condition.aspx
i will continue to stay in cash.....physical.....safest place for now................
I don't buy online. I am picking and poking right now. May go in for a smal piece of land in S.C.
I still think your cash move makes some sense, although I believe we are on the verge of some seismic shift, not the big one, but the market is going to belch and someone somewhere is going to get stung.
This was decent by the way. Someone else posted it earlier.
http://www.ted.com/talks/ron_finley_a_guerilla_gardener_in_south_central_la.html
great link fonz...thanks.....and i know you have mentioned that you dont buy online...but there IS PLENTY OF SILVER OUT THERE FOR SALE.....at 30...at 25....at 21.........
and there are plenty of stocks out there for 1550...at 1600....at 1650....
That cash is burning a hole in your pocket while my PM's keep breaking my toes when they land on them. Something is going to give.
Touche fonz.....touche....
at least it will all be over soon right?
right?
Hold.....ing.......bre....ath........
speaking of holding I am holding my toe in the water Yen short and doing well. you try to scare me out of everything dammit....
aud/usd bottom?
I suggested that the $ would soften this week.
[IMG]http://imageshack.us/a/img4/4295/audcurve.png[/IMG]
Asia bright green everywhere. You would hardly know commodities were being taken to the woodshed.
3 days? This stuff plays out over years.
http://chart.finance.yahoo.com/z?s=AUDUSD=X&t=1y&l=off&z=l&a=r14
http://chart.finance.yahoo.com/z?s=AUDUSD=X&t=5y&l=off&z=l&a=r14
Personally I don't have the patience for currencies, too much leverage required for these tiny moves.
The comments of a people suffering radioactive exposure.
so, like um, does per capita matter or is it just a nation thing?
being a communist government, does china distribute a fraction to all or does the gold stay up top?
a lot of chinese folk could eat just a tad less and the food prices throughout the world would fall.
what would it take for china to not matter?
i guess i have to wait to find out.
:)
Amari said higher stock prices are better than lower stock prices. I wish i had thought of that. Maybe that is why i am a schmuck and he is a finance minister.
Looks to me like someone got a slap on the wrist from Abe over his appearance on that sunday TV show....
http://nipponmarketblog.wordpress.com/
When does China announce its "official" gold holding? The moment they can believably claim it exceeds the US holding.