This page has been archived and commenting is disabled.

Jim Rogers: "This Is Absolute Insanity"

Tyler Durden's picture





 

"It's not just the Fed, it's central banking," Jim Rogers exclaims to Reuters in this brief clip, "this is absolute insanity." As the world's central banks, for the first time in history "try to debase their currencies," simultaneously, Rogers cautions, "the world's floating around on a huge artificial sea of liquidity." Rogers goes on to explain that he doesn't expect Bernanke to taper and fears that Yellen won't either but hopes that she "knows that this is going to cause problems when they stop producing so much money." His ominous warning, eventually "it's going to dry up.. and when it dries up, we're all going to pay the price for this madness."

 

Is the Fed doing more harm than good..?

"Central Banks are making a terrible mistake..."

 


 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 11/12/2013 - 21:43 | Link to Comment Prairie Dog
Prairie Dog's picture

Fraud. Charlatan. Snake-oil salesman. Just like Schiff, Faber and all the rest.

Tue, 11/12/2013 - 21:54 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Pfffttt.....  - 1  And I rarely junk.

 

Gold has performed poorly lately, but so what.  Also, have some long green CA$H around in case of deflation, diversification!

***

Gold is for insurance and the liklihood of a big reset in value.

Tue, 11/12/2013 - 22:17 | Link to Comment joego1
joego1's picture

And silver is on sale! Woo Hoo!

Tue, 11/12/2013 - 23:57 | Link to Comment carlin401
carlin401's picture

Nobody ever changes the basic rule of having 5% of your net-worth in GOLD, just for 'insurance'.

The problem is that most idiots hawking GOLD ( schiff ) are just collecting broker fee's, and the majority here on Zero-Head talking GOLD ain't got enough bernanke-bucks to get out of granny's basement.

For those who actually have something, ... they got their 5% in GOLD and they don't talk about it, ... 'loose lips sink ships'.

In all of human history, sitting on a TON of GOLD has never made anybody rich, but it has preserved their wealth during a shit-storm.

Wed, 11/13/2013 - 00:14 | Link to Comment SilverIsKing
SilverIsKing's picture

If your sitting on a ton of GOLD, you're already rich.

Wed, 11/13/2013 - 00:35 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

+ $40,000,000 (more or less)

But, who's counting?

Wed, 11/13/2013 - 01:15 | Link to Comment Bindar Dundat
Bindar Dundat's picture

What about 2.5% in Bitcoin?  Thoughts?

Wed, 11/13/2013 - 03:37 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Coming to a blog article near you soon.....

Wed, 11/13/2013 - 07:55 | Link to Comment Running On Bing...
Running On Bingo Fuel's picture

How about a solid-block housed spherical bearing shoved 2.5% down your throat? Thoughts? Let's discuss.

Over.

Wed, 11/13/2013 - 09:21 | Link to Comment graspAU
graspAU's picture

"On the other hand, if you're very safety conscious, you hold on to your gold bars"

-Evelyn De Rothschild, December 10, 2008. CNBC Interview

 

In times like these, why not 25% instead of 5%?

 

Wed, 11/13/2013 - 10:19 | Link to Comment Atlasshruggedme
Atlasshruggedme's picture

Honestly the way I look at it for cash investments.

20% - Stocks

20% - 401k/Pension

20% - Gold

20% - Silver

10% - Bank Cash

10% - Cash 

(This excludes your Beans/Bandaids/Bullets)

(Edit) - If you have a mortgage - you don't own your house. With today's AU/AG prices, it might be wise to try getting to the 20% metal holdings.

Tue, 11/12/2013 - 21:54 | Link to Comment Quisat_Sadarak
Quisat_Sadarak's picture

Prarie Dog, you poor thing.   You are suffering from a servere case of battered wives syndrome.

 

Tue, 11/12/2013 - 23:04 | Link to Comment Spitzer
Spitzer's picture

I guess Schiff and Faber talked him into buying the most marketable good in the world.  The irony, the irony !

Wed, 11/13/2013 - 07:58 | Link to Comment Running On Bing...
Running On Bingo Fuel's picture

peter rothschild schiff? From the House of Lizards?

Over.

Tue, 11/12/2013 - 22:09 | Link to Comment PLira
PLira's picture

PD:

While most all of us here at ZH realize all these mouthpieces are talking their book, in is clear as day that this whole thing is going to collapse, and sooner than later.

These clowns are all Billionaires but they do have something to lose if/when the global financial system goes splat so they do have a perspective.

It is going to fail. For this reason, I had to down-vote you.

Prepare for the inevitable.

If you have a view that this charade can continue, I welcome your lucid post.

Tue, 11/12/2013 - 22:09 | Link to Comment jcaz
jcaz's picture

Yep, still hate the bow tie,  but gotta hand it to Jimmy- he's called it right better than most, paid the graft well and planted his garden in Singapore- well played, sir.

Tue, 11/12/2013 - 23:06 | Link to Comment Spitzer
Spitzer's picture

Our of all of them though, Peter Schiff is the straightest talker. You could tell that Rogers wanted to get through that interview without getting a question on gold. Peter would have brought it up himself. Faber has also back tracked on gold lately where as Peter says it like it is all the time

Tue, 11/12/2013 - 23:24 | Link to Comment macholatte
macholatte's picture

 

Maybe one difference is that Rogers is not selling anything. You can get his books at the library for free.  All his interviews are free to me. He doesn't have a news letter or a brokerage firm.

Wed, 11/13/2013 - 01:52 | Link to Comment Spitzer
Spitzer's picture

Oh so gold needs somebody like Schiff ?

The most marketable good in the world needs a spokesman ?

Wed, 11/13/2013 - 07:18 | Link to Comment new game
new game's picture

narcissistic with a tad of histrionics will get some attention...

Wed, 11/13/2013 - 07:35 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

not being a TBTF bankster, I cannot control .gov and the law. For the common man, with limited wealth, gold has history as a store of wealth, and the added advantage that it can be hidden from the vampires of authority. Name me another store of value that is as independent of .gov mafia confiscation, and I will buy it.

Wed, 11/13/2013 - 00:02 | Link to Comment carlin401
carlin401's picture

Economic blogger and investment adviser Michael Shedlock wrote: "I have talked with many who claim they have invested with Schiff and are down anywhere from 40% to 70% in 2008".[39]

***

Enough Said, those that follow this man, will be led to a life of ruin, ...

Wed, 11/13/2013 - 00:38 | Link to Comment threeputting
threeputting's picture

This is bullshit.

Those losses were quoted over a period of a few months after the 08 meltdown. Almost everyone was down at that point. If you look at those same investments today they've done fine since. It was also just a few stocks from a client who wanted an aggressive portfolio.

I don't know a lot about this Shedlock guy, but it's clear he's full of shit on this one.

 

Schiff wrote a rebuttal to these accusations and set the record straight years ago.

Wed, 11/13/2013 - 01:51 | Link to Comment Spitzer
Spitzer's picture

Yep

And he also tracks Mish's asset allocation which has done horribly since 2008. The retard that bitched the most about Schiff in 2008, switched to Mish and then didn't take part in any of the upside since. Because Mish's shit was in the negative in 2009 and 10.

Wed, 11/13/2013 - 10:15 | Link to Comment Tall Tom
Tall Tom's picture

Yes. Gold took a hit in 2008...along with everything else. The only way that these people lost anything is if they sold their Gold after it declined for a loss. Gold recovered rapidly and ended up 250% higher than the relative lows reached in Novenber, 2008 by September, 2011.

 

Nobody could be down 40%-70% in 2008 UNLESS THEY WERE LEVERAGED. Gold declined by no more tha 30% at the depths. Schiff never suggested leverage or Paper Traded futures. He suggests ownership of Physical Gold.

 

It has declined substantially since. Perhaps I ought to forward your comment to Mish. Slander is a civil offense with monetary punitive penalties.

 

Just because Mish said that he talked with "...many who(m) claim..." does not mean that they "many" were credible. I have read many outrageous and incredible claims about people losing Money in Gold.

 

Where is the link for your source, carlin401? I can take statements out of context also.

 

Or are you just trolling for fun because Mommie's Basement is boring?

 

I can hardly wait for the Stawk Market to Meltdown. I can hardly wait for a Bankrupt America. I cheer that on because of people like you. I currently do everything in my very limited power to bring that eventuality into a reality. I've opted out and refuse to invest in the Ponzi Scheme.

 

The Fraud and lies will come to an end. Then I will refuse to help those that perpetrated that Fraud and the lies.. You can starve. Enjoy your famine.

 

That is where I am coming from...

 

 

Wed, 11/13/2013 - 01:59 | Link to Comment Prairie Dog
Prairie Dog's picture

My friend Jimmy, the billionaire. He tells it just like it is, he's a straight-talking regular guy just like me. I know I can trust what Jimmy tells me, because we have so much in common. He has my best interests at heart.

Wed, 11/13/2013 - 02:07 | Link to Comment mayhem_korner
mayhem_korner's picture

 

 

Did you even pass troll school?  Bring back the captcha, Mr. Durden.

Wed, 11/13/2013 - 02:40 | Link to Comment Prairie Dog
Prairie Dog's picture

Good old uncle Jim. He says the US should have hard money and freedom. But he goes to live in socialist Singapore. Still I trust him, because he's just not like those double-talking US government people.

I like it at Zerohedge, because I know i'm with the smart people.

 

Wed, 11/13/2013 - 10:21 | Link to Comment ok
ok's picture

He says the US SHOULD have hard money and freedom. But, because he knows that isn't going to happen, he moved to a place he knows will be freer in the future.

Wed, 11/13/2013 - 04:46 | Link to Comment NuYawkFrankie
NuYawkFrankie's picture

re I know I can trust what Jimmy tells me...

Sure you can - Jimmah comes with the George Soros Seal Of Approval

Tue, 11/12/2013 - 21:46 | Link to Comment Chris Jusset
Chris Jusset's picture

It's called ADDICTION.  Central bankers and politicians are addicted to super-easy money, without which the economies would collapse.

Tue, 11/12/2013 - 21:52 | Link to Comment bunnyswanson
bunnyswanson's picture

It's called a PONZI SCHEME

 

http://www.youtube.com/watch?v=iemedJ6RVnk

Karen Hudes (new interview - new mind blowing information)

Tue, 11/12/2013 - 22:02 | Link to Comment NoDebt
NoDebt's picture

Clever anagram.

Tue, 11/12/2013 - 21:52 | Link to Comment Dr. Engali
Dr. Engali's picture

Yes it's all insanity, but it's working.... for them. And they're not going to stop.

Tue, 11/12/2013 - 21:55 | Link to Comment dark pools of soros
dark pools of soros's picture

Who's 'they' & 'them' since you are always defending them

Tue, 11/12/2013 - 21:59 | Link to Comment NoDebt
NoDebt's picture

They and them means anyone who knows with certainty they are part of them and them.  If you have any doubt you are part of them or them, you are not part of they or them.

Hey, that was kinda fun.  

Tue, 11/12/2013 - 22:17 | Link to Comment Zero Point
Zero Point's picture

No Debt:
That was perhaps the best explanation of who "they" are that I have seen.
Green.

Tue, 11/12/2013 - 22:54 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Ditto for you and NoDebt.

Wed, 11/13/2013 - 07:32 | Link to Comment ebear
ebear's picture

Them & them be no match feh I & I

http://www.youtube.com/watch?v=NL-8AAwWgmM


 

Tue, 11/12/2013 - 22:00 | Link to Comment Dr. Engali
Dr. Engali's picture

They and them are the central bankers and the banks that they were created to save. The very people that Jim Rogers is talking about. Now tell me, where have I ever defended them (just to be clear them= the bankers)?

Tue, 11/12/2013 - 22:07 | Link to Comment NoDebt
NoDebt's picture

Doc, you damned banker-lover!  

I think DPOS is perhaps confusing you with someone else.  Or he's wandered WAY off into the weeds for reasons unknown.

 

Tue, 11/12/2013 - 21:56 | Link to Comment NoDebt
NoDebt's picture

And that's pretty much all you need to know.  Until "don't fight the Fed" stops working, it keeps working.

Tue, 11/12/2013 - 22:33 | Link to Comment kito
kito's picture

how was the sandwich, and cookie?

Tue, 11/12/2013 - 22:42 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Moar cookies!

Tue, 11/12/2013 - 22:47 | Link to Comment Dr. Engali
Dr. Engali's picture

Free sandwiches and cookies are always delicious. Thank you Kito. I'm looking forward to the next time you buy me lunch. ;->

Tue, 11/12/2013 - 21:46 | Link to Comment fonzannoon
fonzannoon's picture

Jim thinks the fed is going to buy up half the bond market and then sell it back.....

Tue, 11/12/2013 - 21:59 | Link to Comment NoDebt
NoDebt's picture

Yeah.  The "sell it back" part may prove a bit problematic, which is where I know you were going with that comment.  

You can almost hear Jim thinking "who moved my cheese??"

 

Tue, 11/12/2013 - 23:08 | Link to Comment Spitzer
Spitzer's picture

Strange how Rogers didn't mention the currency markets or the bond markets when asked what market will be effected most.

Tue, 11/12/2013 - 21:50 | Link to Comment Darkman17
Darkman17's picture

What's the strategy here? Hold cash until it dries or until inflation shows up?

Tue, 11/12/2013 - 21:50 | Link to Comment Blue Dog
Blue Dog's picture

Buy physical gold and silver and hold it for the long term.

Tue, 11/12/2013 - 22:01 | Link to Comment BeerBrewer09
BeerBrewer09's picture

Buy anything you think will last longer and hold its value longer than paper instruments.

Tue, 11/12/2013 - 22:28 | Link to Comment seek
seek's picture

Go long physical in-your-possession resources to save your ass.

Wed, 11/13/2013 - 00:54 | Link to Comment Double.Eagle.Gold
Double.Eagle.Gold's picture

Buy a Horse, use it to plow your 30 acres and pull your goods to market.

After 15 years, cook it.

Wed, 11/13/2013 - 09:48 | Link to Comment tradebot
tradebot's picture

Really?  You don't see inflation yet???  Maybe because they stopped using the everyday stuff you use to survive in the formula.  Like a cancer dude...inflation is there, maybe not to the point of a wheelbarrow full of currency to buy bread yet, but Ray Charles could see this.  I would definately buy some metal...I did before, but I lost it all along with my guns and ammo in a terrible boating accident.  Just awful.

Tue, 11/12/2013 - 21:51 | Link to Comment Blue Dog
Blue Dog's picture

The globalists are creating a big enough global catastrophe to usher in a one world government. That's their goal.

Tue, 11/12/2013 - 22:13 | Link to Comment NoDebt
NoDebt's picture

Yeah, but you say that like it's a bad thing.  If you like your government, you can keep it.  If you like your currency, you can keep it.  If you like your freedom, you can keep it.

You just haven't seen all the good things one world government can do to you.  I mean FOR you.  I mean, just shut up and get in line.  It's for your own good.

 

Tue, 11/12/2013 - 21:52 | Link to Comment mvsjcl
mvsjcl's picture

It's the simultaneous debasement that really scares me. There are no more countries anymore, as far as the central bankers are concerned. No sovereign nations. 

 

We all live in Banksteristan.

Tue, 11/12/2013 - 22:15 | Link to Comment joego1
joego1's picture

Bankenstan

Tue, 11/12/2013 - 23:52 | Link to Comment carlin401
carlin401's picture

There is an IRS 'blacklist' of banks, that includes N-Korea, and Malayisia, Iran, these are country's that will not 'play ball' with the IMF ( aka USA/IRS CIA/NSA hegemony ).

It would be useful here to add to the list,

One thing is certain, on the scale of 'real' there is ..

Singapore ( jim rogers home ) SGD, CHF swiss, and NOK norway,... they ain't good, but they ain't bad either.

Most world currency's are 'tied' to the USD, but as Roger's likes to say "Don't fight the fed, ride along with them, .... just know that eventually its all going to die".

Some day a lot of country's will QUIT tying to the US-DOLLAR, that will be an inflection point to watch, currently the 'tie' is being slowly un-wound.

Wed, 11/13/2013 - 08:39 | Link to Comment RaceToTheBottom
RaceToTheBottom's picture

CHF swiss?  They went to the dark side when they pegged to the Euro.

But I feel for them, they were doing ok, but by following the correct rules, their currency sky-rocketed and their citizens could not afford the 15$ coffees, dispite their high salaries.  They pegged in response.

Plus they were in the cross hairs of the IRS/NSA

Tue, 11/12/2013 - 21:54 | Link to Comment Mine Is Bigger
Mine Is Bigger's picture

Isn't it clear by now?  Central bankers are not stupid.  They are not making a mistake.  They are doing it, with a clear purpose of harvesting wealth from people.. 

Tue, 11/12/2013 - 21:58 | Link to Comment BeerBrewer09
BeerBrewer09's picture

All according to plan.

Tue, 11/12/2013 - 22:01 | Link to Comment JustObserving
JustObserving's picture

Talking about absolute insanity, here is more of it:

US-Israeli computer super-worm hit Russian nuclear plant - Kaspersky

The CEO of one of the world’s foremost computer security firms says the Stuxnet worm that targeted Iranian nuclear facilities may have also infiltrated similar critical systems in Russia.

If accurate, allegations that Stuxnet snuck its way into Russia could implicate the United States and Israel in an even broader act of cyberwar than previously reported.

Since Stuxnet was discovered in 2010, the media has all but confirmed that the US and Israel collaborated on the computer worm to try and cripple machinery inside Iran’s nuclear power plants. Senior White House officials speaking to the New York Times have previously lent credence to that accusation, National Security Agency whistleblower Edward Snowden confirmed in a Der Spiegel interview earlier this year and the origin of the worm is nowadays hardly contested. Speaking in Australia last week, however, the head of the international IT firm, Kaspersky Lab, raised new questions regarding the actual scope of the secretive program.

http://rt.com/usa/kaspersky-russia-nuclear-plants-612/

Tue, 11/12/2013 - 22:18 | Link to Comment A Lunatic
A Lunatic's picture

It was the Stuxnet virus that destroyed the reactors at Fukushima. It was so unexpectedly and spectacularly lethal the Black Ops Global Warming Cabal had to create an earthquake and tsunami via HARP in order to cover it all up. The recent hurricane in the Philippines was a similar top secret ploy to draw attention away from the shortcomings of the ObamCare roll out.......

Tue, 11/12/2013 - 22:34 | Link to Comment kito
kito's picture

i knew it!!!

Wed, 11/13/2013 - 00:27 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

fick yeah!!!

Wed, 11/13/2013 - 04:27 | Link to Comment kurt
kurt's picture

Haarp is coming to kill all five of you.

Tue, 11/12/2013 - 22:59 | Link to Comment rosiescenario
rosiescenario's picture

...so HARP works? Amazing the government could actually create something that works.

Wed, 11/13/2013 - 11:12 | Link to Comment Tall Tom
Tall Tom's picture

No...no...no...no..no. You just do not understand. Most things that the Government creates, like OBOZO-Care, work.

 

For instance OBOZO-Care was not intended...to work FOR YOU. Au contraire.

 

It was intended...to work AGAINST YOU. And it is doing a Splendid Job...much better for which the designers had ever hoped.

 

And you might still think that your Government is BENEVOLENT??? LOL.

 

Is that a decent clarification? Oh yes...HARRP WORKS...too well. Damn that Nikolai Tesla. He should have realized that psychopathic men would pervert his ideas. 

 

Tesla met up with JP Morgan. He met with Thomas Edison who set out to destroy him. He was just not a good judge of the powerful men's character. Those meetings should have taught him not to expose the powerful secrets of his work. Humans are just not ready for it.

 

It is like handing the keys to a car to a Ten Year Old. They may be able to drive it without mishap for a brief time. But their impulse control is not yet sufficiently developed. Sooner or later they will wreck it.  And the wager is on sooner than later.

Fri, 11/22/2013 - 02:28 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

HAARP works but the claims about it causing earthquakes are nonsense. You'd need more metal in the earth quake target zone that is on Earth, harnessed into a shaped antenna, and you'd need more power broadcast INTO it than all energy sources used by man in all history for just ONE kick-ass earth quake. It's never happened & for those reasons never will.

Tue, 11/12/2013 - 23:33 | Link to Comment BringOnTheAsteroid
BringOnTheAsteroid's picture

HAARP, if I hear about HAARP one more bloody time. These forums are great but when non-scientific thinking starts to permeate these threads they become somewhat, what are the words I'm looking for, fucked up. The above post is so tongue in cheek I'll assume you are taking the piss. Talk about making shit up to fit the facts. Anyone like to use scientific facts to explain how HAARP works. No, on second thoughts don't. There are far more pressing issues such NIBIRU, reptilians and UFO's. The world is fucking insane I tells ya.

Wed, 11/13/2013 - 00:40 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

HAARP and Nibiru are both found in ConspiritardistanTM, no?

Fri, 11/22/2013 - 02:23 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

not the Conspirinomicon? Klatu Verada Haarpu!

Wed, 11/13/2013 - 00:49 | Link to Comment seek
seek's picture

Not to mention that HAARP had its budget zeroed out and is offline.

Wed, 11/13/2013 - 13:24 | Link to Comment Tall Tom
Tall Tom's picture

The High Altitude Aurora Reserach Project uses Nikolai Tesla's Applied Physics to create Auroras for "study" It uses High Energy Resonant Wave Radiant Energy, to ionize the High Altitude Rarefied atmosphere to create this phenomena.

 

Like Radio Waves this energy can be reflected by the Ionosphere and redirected to points around the Hemisphere.

 

How much do you know about Tesla? Did you know that he had claimed, before 1943, to have developed a "Death Ray" that would make War obsolete? He contacted the US Government. Then he died directly afterwards. The FBI raided his apartment and seized his research.

 

As for Reptilians, and UFOs? I get a good chuckle. NIBURU is a public bastardization of Sitchin's work, work that Sitchin, himself, does not fully understand because of his LACK of Science Knowledge.

 

But there was enough there to conduct a study of it personally. Besides I would make money doing it.

 

What do you know about the discovery of Neptune in 1847 by Leverrier? How did he know where to look for it? How did he know that is was there?

 

Did you know that the discovery of Neptune was accomplished with the predictions of Newton's Laws of Planetary Motion? The position of Uranus was "perturbed" It was not where it was supposed to be according to those Laws. So Leverrier inferred that there was another unaccounted Force acting upon Uranus. He did the Math, determined the approximate postion, a Probabilty Box, and began a search.

 

But there was a Problem. Neptune's Mass was not large enough to account for all of Uranus' perturbation. Furthermore Neptune's position was perturbed.

 

Percival Lowell founded Lowell Observatories in Flagstaff on Mars Hill. (That fact, along with the fact that the US Naval Observatory was also located in Flagstaff, Arizona, was the reason that I chose to attend Northern Arizona University to study Astrophysics.) Of course that Observatory on Mars Hill is rendered useless because of City Lights. But the Anderson Mesa Facility overlooking Lake Mary just outside of Flagstaff is fully functional. (I enjoyed using the 72" Telescope on a non Optimal Viewing night as an Undergrad.)

 

Lowell Observatories has a Southern Hemisphere Station in Perth, Australia. They are internationally renowned for their reserach facilities and support from the Astronomical Community. They are privately funded. Their Science is highly respected.

 

So what do you know about Percival Lowell's search for the Ninth Planet? Do you know how Pluto was discovered by Clyde Tombaugh back in 1930? (Some of Tombaugh's ashes are heading into Interstellar space onboard the New Horizons Space Probe set to encounter Pluto in 2015.)

 

But there was another problem. Pluto lacked the Mass to cause the perturbations in the positions of both of the Planets, Uranus and Neptune.

 

So now there needed to be a search for Planet X (X, being the Roman Numeral for Ten.)

 

So Lowell Observatories postulated that since the Orbit of Pluto was inclined to the Ecliptic plane, that, then perhaps, Planet X's orbit was also inclined to the ecliptic plane.

 

So they accomplished a Statistical Study of the probable position of Planet X. They came up with a Probability Box of the Position. They have still not found it.

 

I had no knowledge about this previous study whatsoever.

 

My cousin had read Sitchin's work back in the early 1990s. So he hired me as I am versed in Astronomy and also well versed in the Bible Scriptures.

 

So we knew the Greeks called Planet, ????????   planetes, and Star, ??????, asteri. From the Original Greek Scriptures we knew that the Star of Bethlehem was not a conjunction of Planets, as some have Postulated, but an actual Star.

 

We postulated that ALL Ancient Temples are Astronomical Obsevatories...including King Solomon's Temple. So with the Historical information we postulated that it was the inclination of an Star's Orbit. We postulated that the Book of Revelation is a pictogram and the imagery coincides with that of the ancient Babylonians. We postulated that the Star CROSSed the ecliptic on a node that intersected the constellation of Virgo, signifying the Virgin Birth. (What did the Babylonian Magi read in the sky that told them that a King was born?)

 

We knew the Star's Period from Sitchin, 3600 years. Wem kew when it reach Perihelion the last time, 2000 years ago. So my job was to find a probability box in the sky on where this object's location. Easy, right?

 

So I did. I used a One Square Degree Error that would fit all of the constraints I listed...and then some others as the Precession of the Nodes over the Two Thousand Years. (the Earth wobbles on its axis).

 

The Holy Scriptures are pretty much my only source along with some of what Sitchin wrote. He is not an Astronomer and not a Christian. He did not consider the New Testament in his studies. In fact he cannot even read a Star Map.

 

Afterwards, after all of this work, I stumbled into a report by Lowell Observatories' prediction of the location of Planet X...published in Sitchin's work!!!

 

I had not read Sitchin's books. By I was thumbing through and...that is how I know that Sitchin does not know how to read a Star Chart...I found the Lowell Observatory study.

 

I had to see how well that I did. My Probability Box, using the Bible, was in the center of Lowell Observatories' 5 Degree Square Probability Box.

 

We postulate that as it has not been found that at the relatively small distance, that is must be a White Dwarf shrouded in dust that reddens the Light to the Infrared ?. (A Star that damned close, at 400 AU, would be very apparent in the visible ?)

 

There are other Empirical indicators. NASAs Voyagers are being perturbed and are Off Course. Voyager One is now in Interstellar Space. Furthermore the ESA Ulyssess is experincing the same Pertubational effects. Unfortunately the Pioneers are Spin Stabilized whereas both of the Voyagers and Ulyssess are Propellant Stabilized.

 

Coincidence? What are the odds of that happening by chance?

 

I can calculate it. Can you?  There are 4? Steradians on the Surface of a Sphere. And there are ? Radians in 180o. My Probability Box was 1o Square. Lowell Observatories' Probability Box was 10o Square. But my Box was in the center of theirs.

 

When you get the answer the result is a fraction that is small., close to zero, close to impossible...by chance. 

 

What are the odds that all of the postulations, derived from the Bible, would lead me to my results, by chance? Is it close to zero, close to impossible?

 

Multiply the two probabilites to gether and their product is even closer to zero, closer to an impossibility that this was a chance event.

 

How many Square Degrees are on the surface of a Sphere? There are 41,253 Square Degrees on the Surface of a Sphere.

 

You have enough information...since you know Math and Science so well to discount NIBURU.

 

BTW...The Star is not due back for 1600 years. When it CROSSes the Ecliptic Plane again to its ascenscion...due to the Precession of the Nodes...it will be through the constellation of Leo the Lion...the Lion of Judah..the Second Coming???

Tue, 11/12/2013 - 23:16 | Link to Comment CH1
CH1's picture

Kaspersky is KGB. Believe him at your own risk.

Wed, 11/13/2013 - 00:14 | Link to Comment carlin401
carlin401's picture

Kaspersky and PUTIN are both KGB, and loved by the world.

Obama and all his NSA/CIA buddy's are hated by the world.

What gives?

Is the KGB different? Or perhaps it was the CIA/NSA that all along made the KGB evil?

Talking about EVIL, how many people have been murdered by the KGB for oil? In say the last 30+ years?

All the worlds evil comes from the USA/ISRAEL ( AIPAC ) conjoined twins who want to destroy the world.

Wed, 11/13/2013 - 14:39 | Link to Comment Tall Tom
Tall Tom's picture

All Governments are CRIMINAL THUGS. ALL OF THEM.

 

Get real. The World's evil stems from the LOVE OF MONEY. 

 

People are Dishonest and Fraudulent when it concerns MONEY...LIKE ALL Governments which issued FIAT CURRENCIES.

 

That is evil as it is contrary to that which belongs to God, the Gold and the Silver.

 

It is all Criminal. When you get the clue that they are all evil then you will understand.

 

The is no relativity in that which is evil. Shun evil and choose that which is good.

Wed, 11/13/2013 - 09:50 | Link to Comment scrappy
scrappy's picture

I had drinks with Kaspersky last January.

 

(not Vodka, it is beneath them believe it or not, sorry Boris)

Nice restaurant in Boston, great food too.

Brought the wife and signed her up as "strategic relations"

 

It always throws off the corporate types. I made it up.

We talked network security, and then on one hand he said there is no privacy in the US, and on the other he did not like my suggestion that people need DATA RIGHTS.

The Globalist vs. the Nationalist. Anyway, he liked me anyway.

He gave all the hangers on a fake email address that goes to his secretary, but gave me and me only. his real one.

He also likes volcanos.

http://www.kaspersky.com/about/news/events/2013/The_Kaspersky_7_Volcanoe...

Cut to cool video...

https://www.youtube.com/watch?v=HzMj-nYf9vw

Maybe he will get a bunch of them caused by meltdowns someday.

Though seriously, he is a very smart and unique person.

 

Tue, 11/12/2013 - 22:06 | Link to Comment ABG LINE
ABG LINE's picture

Hey Jim, Nice shirt, bro.

Tue, 11/12/2013 - 23:13 | Link to Comment HulkHogan
HulkHogan's picture

I saw his gold and silver chest hair.

Tue, 11/12/2013 - 22:16 | Link to Comment gbresnahan
gbresnahan's picture

Rogers exclaims to Reuters in this brief clip, "this is absolute insanity."

I fully expected that link to be a tiny clip of nothing other than him saying that exact phrase.

Tue, 11/12/2013 - 22:26 | Link to Comment GeorgeHayduke
GeorgeHayduke's picture

"the world's floating around on a huge artificial sea of liquidity."

With less and less of that liquidity sloshing around in the hands of the majority of people. Meanwhile the big boyzzz are using it to game their markets and pay politicians to find new ways of giving them even more.

"...and when it dries up, we're all going to pay the price for this madness."

Yes, but those living paycheck to paycheck, or who have a pension that will be stolen, will feel it a whole lot more than the wealthy and well connected who created this crap pile. In fact, you can bet they will mine the middle, working and lower classes for everything they've got before the 0.1% feels any pain whatsoever. It's how the system is set up.

Tue, 11/12/2013 - 22:34 | Link to Comment Zer0head
Zer0head's picture

Normally when one encounters a a fellow wearing a golf shirt and a suit jacket he is one of two things

 

Homeless

or

President

 

Tue, 11/12/2013 - 22:44 | Link to Comment buzzsaw99
buzzsaw99's picture

Oh it'll dry up some day. Sure it will. Any day now... :still waiting: [/sarc.]

Tue, 11/12/2013 - 22:50 | Link to Comment chump666
chump666's picture

Huge HFT bids on the ESZ3. ZH, Any charts on this?  Looks like a rally is primed prior to Japan's attempt at a complete buy up of the whole JGB markets.

Jim is pissed we live in a crony bubble, sh*ts gonna fly one day.

Wed, 11/13/2013 - 00:30 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Links are good for us types like Bearingz, you know, without big brainz...

Wed, 11/13/2013 - 01:36 | Link to Comment chump666
chump666's picture

if i could i would.  that's why asked if zh could flow a chart here.  all i got was a wire report.

*ESZ3. Bid size 4600 @ 0045GMT.

That's fat, some machine is getting ready for a meltup, or a fleece...

old days (4yrs ago) rule of thumb for next morning trades, if you were shorting, were 2% neg on Asian markets, 1-2% neg on Euro markets, DXY bids, UST bid.  Now it's the Fed and HFTs fleecing suckers and buying dips, keeping pension funds bid so Obama can raid them soon to bailout/in Wall Street in the next crisis. lol   These markets are so abnormal and crony it's almost unreal.

Revolution.

Tue, 11/12/2013 - 23:01 | Link to Comment reader2010
reader2010's picture
"The primary cause of the decadence of contemporary thought evidently lies in the fact that spectacular discourse leaves no room for any reply; while logic was only socially constructed through dialogue. Furthermore, when respect for those who speak through the spectacle is so widespread, when they are held to be rich, important, prestigious, to be authority itself, the spectators tend to want to be just as illogical as the spectacle, thereby proudly displaying an individual reflection of this authority. And finally, logic is not easy, and no one has tried to teach it. Drug addicts do not study logic; they no longer need it, nor are they capable of it. The spectator’s laziness is shared by all intellectual functionaries and overnight specialists, all of whom do their best to conceal the narrow limits of their knowledge by the dogmatic repetition of arguments with illogical authority."
— Guy Debord, Comments on the Society of the Spectacle, 1988  
Wed, 11/13/2013 - 12:09 | Link to Comment Cthonic
Cthonic's picture

Thanks for the reminder, need to read that and History and Class Consciousness

Tue, 11/12/2013 - 23:07 | Link to Comment e2lee
e2lee's picture

This is BS.  The liquidity is not getting to the mkt. The massive liquidity event took place 10 years ago with free credit for everyone!!!!  The govts are now recapialitzing banks as opposed to nationalizing them.  Depate the merits of nationalizion.  

Wed, 11/13/2013 - 08:46 | Link to Comment RaceToTheBottom
RaceToTheBottom's picture

I wonder what would have happened if they had nationalized all the banks at the first crisis?

Just broght them into a room and said your top 5 executives are gone.  You will all be broken up into regional banks headed by the existing guy in each region.  The US government will back them up for 3 months while they get it done and then they become smaller public entities.

Pretty much every decision made regarding the large banks has been incorrect.  Just make them small banks and have the small bank rules govern them.

Tue, 11/12/2013 - 23:14 | Link to Comment max2205
max2205's picture

Dudes that hang out in Thailand can't be trusted

Tue, 11/12/2013 - 23:47 | Link to Comment carlin401
carlin401's picture

Dudes that hang-out in the USA can't be 'trusted' with a poodle.

Given that all of Faber's wealth is in Thai real-estate in his wife's name, put's him on a very short leash, you can be sure he is more faithful than the virgin-mary.

Lastly, its Faber who is Thailand, Rogers is in Singapore, where 'real rich' live, ... Thailand is where 'Poor White Trash' retire on UK pensions.

Wed, 11/13/2013 - 09:21 | Link to Comment putaipan
putaipan's picture

ok ok. but which one has the lil'pony tail? that's the one you can't trust.

Tue, 11/12/2013 - 23:27 | Link to Comment yogibear
yogibear's picture

Ponzi  worked for Madoff until the market revealed his scheme.

Same with the Fed, Ponzi until a currency crisis is triggered.

Tue, 11/12/2013 - 23:28 | Link to Comment q99x2
q99x2's picture

Central Banks are coming for your wealth JIm as well as every other .001%er. Better get with the revolution and tell your Soros buddy to stop funding the enemy.

Tue, 11/12/2013 - 23:38 | Link to Comment One And Only
One And Only's picture

"There is no depth to the depravity of the human condition."

A wise man once spoke those words to me when I was younger. He is now dead but boy I hang onto those words witnessing this.

Tue, 11/12/2013 - 23:43 | Link to Comment carlin401
carlin401's picture

Comparing these boring talking heads.

1.) Peter Schiff ain't got shit he is the classic used car salesman in a k-mart suit, he's lionized by zero-heads cuz he is a ron-paul intellectual backer.

2.) Faber doesn't have any money, he makes his money hustling newsletters, what money he does have is in his wife's name in thailand real-estate.

3.) Of the pack of MSM liars so that there is a 'right-wing' to support the left-wing kleptocracy, .. there is Jimmy Rogers, probably the ONLY real "RICH GUY" in the group, ... he sell's books because people want to read his story's.

***

The USA is a CORPSE, those that remain the USA, are feeding on the corpse like vultures, the only reason they don't move-on, is there is still flesh on the rotting corpse, and they can't handle the idea that somebody get an ounce other than themselves. It's these vultures that are the last to leave that will feel the most pain.

Yes, Rogers and Faber sit pretty far from the USA, ... Schiff will keep pimping and stick around hoping to lead the new government in the post apocalyptic America.

Wed, 11/13/2013 - 00:52 | Link to Comment SonOfSoros
SonOfSoros's picture

Dear Uncle Roger,

Daddy says you need a nice cup of shut the f*** up. If you don't stop talking and telling the truth to the sheeps, he's going to drive the prices of PMs down, horde every physical bullion in circulation and leave none for you and my dear nieces, the Roger Jrs.

It doesn't matter even if you are hiding in Singapore, we are climbing through your window and snatching your PMs up. So you need to hide yo gold, hide yo silver and hide yo copper because we are raiding everything out here.

Sincerely,

The son of Soros. 

Wed, 11/13/2013 - 01:56 | Link to Comment PADRAEG
PADRAEG's picture

Jim Rogers, well and succinctly said!

Wed, 11/13/2013 - 02:16 | Link to Comment q99x2
q99x2's picture

Catherine Austin Fitts says stocks are not in a bubble. Their PEs can go much higher and 39 percent of the wealthy people are holding their money in cash so there is plenty of money on the sidelines. Plus bond sellers are starting the great rotation.

BTFATH and let the money changers make money even if you don't.

Wed, 11/13/2013 - 02:41 | Link to Comment Prairie Dog
Prairie Dog's picture

Hey Zerohedgies,

Do you know Singapore has universal health care? SOCIALIZED MEDICINE! And your hero Jimmy Rogers chooses to live there, instead of in the good ol US of A. Whaddya think about that then?

Wed, 11/13/2013 - 04:08 | Link to Comment cartonero
cartonero's picture

That he's smarter than you are

Thu, 11/14/2013 - 03:48 | Link to Comment SonOfSoros
SonOfSoros's picture

You mean where they have a national savings account? 

Where the citizens are REQUIRED by law to contribute 20% of their salary towards saving up for their retirement and healthcare?

Thereby paying for their own healthcare? Where even government subsidised hospitals are run as and by private companies for profit? 

Please get out before you start spewing ignorant shit again. I've been based here for nearly 6years. GTFO. 

Wed, 11/13/2013 - 04:30 | Link to Comment Dre4dwolf
Dre4dwolf's picture

Lets put it this way, if the fed tappers the assets that are going to lose value the fastest are the assets that gained value the fastest because of the QE, the markets will simply invert.

The assets that have lost value because of QE will gain value when QE ends.

AND

The assets that have gained value because of QE will LOSE value when QE ends.

 

Wed, 11/13/2013 - 08:17 | Link to Comment RabbitChow
RabbitChow's picture

The assets, mainly stocks and bonds, will lose value shortly BEFORE the end of QE.  Remember the big boys will get word of that happening first, and they will be moving their money like the Russian mafia out of cyprus.  The markets will tank, mainly on 'no news' then the announcement will come by Yellen that we are all cutting out QE.  If you wait that long, you will have lost your investment, because everybody wlil see the trigger event and only be able to watch it happen.

Fri, 11/22/2013 - 02:09 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

http://flic.kr/p/enJ7Cs

be on alert, time is almost upon us.

 

Wed, 11/13/2013 - 06:57 | Link to Comment goldenbuddha454
goldenbuddha454's picture

I think Jim Rogers, Nouriel Roubini, Peter Schiff and Kyle Bass need to start a show called 'This is going to end badly'.

I think at this point, the dead horse has been beaten so badly you can't even tell its a horse anymore. 

Wed, 11/13/2013 - 07:30 | Link to Comment Bokkenrijder
Bokkenrijder's picture

Kudos to Prairy Dog for bringing up some controversial issues.

As a bit of a former goldbug myself, I also have to admit that I've become quite sceptical of gold over the last few years.

Not so much because of the downward price movement of precious metals, but more because of the fanatical and almost cult-like way the goldbugs defend their conviction.

For years we've seen screaming Branch Davidian-like headlines of 'the financial world coming to an end,' but yet the world keeps on spinning.

How ironic that the very people who praise NNT's The Black Swan, are now impatiently waiting for the next black swan to arrive, yet they somehow already exactly know what the outcome will be, namely that gold will be the winner. Duh!

As for Jim Rogers, well, he's been saying (or huffing & puffing when he's on his exercize bike) the same old "farmers will be driving Maseratis" oneliners for years now. Has he been right about gold? No! Has he been right about the colapse of the USD? No! Has he been right about the stock market bubble? No! Has he been right about the bond bubble? No! Have commodities gone through the roof? No! Are farmers driving Maseratis? No!

The problem with sites like ZH and KWN is that they have been crying "wolf" so many times now, for sooooo many years, that they're starting to lack credibility. Eventually people want to get on with their lives and they will start to do the very thing that the government and banks want them to do: spend money and get deeper into debt!

Wed, 11/13/2013 - 08:51 | Link to Comment Singelguy
Singelguy's picture

No one can time the markets. Just because it hasn't happened yet does not mean it is never going to happen. We live in a crazy world where the fundamentals seem to have no relevance anymore.........until they do.
For example, I fully expected the housing market crash to hit right after the 2004 presidential election but I did not anticipate the extent of the mortgage fraud nor the 125% loan to value mortgages. They combined to extend the mania for a few more years. However, the crash did come!

How can people just get on with their lives and spend money by going deeper into debt when median wages are declining, cost of living is increasing, and unemployment remains stubbornly high? That is totally irrational and unsustainable.

As far as gold is concerned, everyone who follows the market knows that the price is being monkey hammered and manipulated on an almost daily basis. Physical gold is something you hold like an insurance policy. The price can only be manipulated for so long until the demand for physical gold overwhelms the naked short selling by the GLD manipulators. Take off your rose colored glasses, see what is REALLY going on, and develop the patience and self discipline to make the right decisions and wait for the STHTF. The current path is unsustainable. That much is certain.

Wed, 11/13/2013 - 09:02 | Link to Comment Bokkenrijder
Bokkenrijder's picture

"No one can time the markets. Just because it hasn't happened yet does not mean it is never going to happen."

Very true indeed, however, even a broken clock is right 2 times per day. By simply throwing darts against a board and sticking to that 'strategy,' you're bound to hit the bullseye eventually, just don't think about the costs of all those lost darts...

Dollar cost averaging all the way down (from $1900) because you fall for the scaremongering and believe a colapse is immenent is the stupidest thing to do IMHO. As someone already pointed out, the ones screaming the loudest that "a bottom is in place for gold" are the ones that want to be SELLING you gold!

Fri, 11/22/2013 - 02:06 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

nope. Bottom is in & I'm a buyer. You don't ONLY average in from a local peak (not a real market peak), you hedge using puts to the downside & you amplify fiat winnings using calls for the long-side & spend the fiat gains IMMEDIATELY on tangible goods. gold & silver coin here, slv calls, agq calls, soon to be HVU shares (tsx, like vxx but a larger leverage multiplier). When this thing collapses a LOT of fiat is going to be mine & it will ALL go to lodging, food, tools, gold, silver, medicine, anything of future value I can need or trade to someone and NOTHING in the form of electrons, paper promises or nonsense.

Wed, 11/13/2013 - 11:21 | Link to Comment withglee
withglee's picture

Agree. It's like winding the rubber band on a toy airplane. You can wind it tighter and tighter until one of two things happen. (1) It breaks loose and flies off violently or (2) It breaks and has to be replaced before it can fly again.

With that rubber band you can get a clue as to how much you have to go. First double knots show up (the natives get restless). Then there's no more room for double knots (the whole thing goes in the tank over night ... like Argentina and Weimar Germany did).

Wed, 11/13/2013 - 11:16 | Link to Comment withglee
withglee's picture

Goldbugs are easy to dispell. There's only one oz of it per person on Earth ... less than $1,300 ... one day's pay for many, one month's wellfare for the poor.

And then the goldbugs suggest you just say an ounce is worth much more, thus making enough to back all trades and retained wealth like savings. But that doesn't work.

It takes a little less than an ounce of gold to produce a new ounce of gold. And that will hold true from here on in (unless they hit a mother lode, at which point it will take much less than an ounce of gold to produce a new ounce ... which works against the goldbugs even more).

Goldbugs are like the BitCoin bugs. First they get their hands on gold (or BitCoins). Then they rail that gold (or BitCoins) are the only way out of this mess.

None seem to grasp the simple reality: Money "is a promise to complete a trade". It is not capital. It is not something rare (artificially or otherwise).

Wed, 11/13/2013 - 15:02 | Link to Comment Tall Tom
Tall Tom's picture

If money is a promise to complete a trade then there are a plethora of trades that have not yet been completed.

 

When the Day of Reckoning happens, and, demand for trade completion is at hand, then how does one satisfy that? With more promises? LMAO.

 

"I'll gladly pay you Tuesday for a Hamburger today", gets old, Wimpy. 

 

That is the point of the LOSS OF CONFIDENCE. What happens to the VALUE of the promises at that point?

 

That is what the Ponzi Scheme CONfidence Men just do not get. You cannot just continue to promise and fail to deliver. people will stop buying into the Fraud. 

 

There is a 40 Year backlog of trades which are not complete. There are going to be many that will become Homicidally Angry at the people whom do not deliver. That day approaches more rapid than you may think. But nobody lives on Earth forever.

 

I am eagerly looking forward to that day. I have already Boiled the Rope and Designed the Gallows. My next stint in this adventure will to become a Hangman. I will efficiently deliver the 1000 Foot Pounds to the Neck of the Deserving.

 

How about you? Are you looking forward to the Day of Reckoning where there is no more Fraud?

 

It is Hanging Day when that day arrives.

Wed, 11/13/2013 - 18:45 | Link to Comment withglee
withglee's picture

"If money is a promise to complete a trade then there are a plethora of trades that have not yet been completed."

We don't have a properly managed MOE. But under proper management new trading promises would be made and old trades would be delivered on or defaulted on a continuous basis. In the meantime, the certificates would be used in regular barter because they would retain their value all the time everywhere. Right now we have a couple chronic irresponsible traders in the marketplace, and they are government and bankers. They are rolling over their defaults rather than mitigating them with interest collections. The marketplace as a whole is thus suffering inflation of the MOE ... but this is covered up by government measurements of inflation and by the dynamic of doing the exact wrong things at the exact wrong time.

"When the Day of Reckoning happens, and, demand for trade completion is at hand, then how does one satisfy that? With more promises? LMAO."

You may be laughing but I'm sure your ass is still on ... and it's obviously a large one. On the day of reckoning, responsible traders deliver and irresponsible traders default. Irresponsible traders as a class pay interest to recover the defaulted certificates.

""I'll gladly pay you Tuesday for a Hamburger today", gets old, Wimpy."

A ridiculous statement but of no import. With zero inflation, a payment now is the same as a payment in the future. The time value of money is zero. A better example is "I'll gladly pay for your house now with certificates I get from the MOE manager;  and pay the manager of the MOE who certifices my promise with 100 equal monthly returns of 1/100th of the certificates". If I'm a responsible trader I will pay no interest to do this. I personally have never defaulted on any loan, yet in the case of my houses, I have bought all of them at least twice ... first paying the interest ... then buying the house. It's ridiculous.

That is the point of the LOSS OF CONFIDENCE. What happens to the VALUE of the promises at that point?

There is no loss of confidence because inflation is guaranteed to be zero by the simple arithmetic process of matching defaults with interest collections. This guarantees conservation of value of the circulating certificates all the time everywhere.

That is what the Ponzi Scheme CONfidence Men just do not get. You cannot just continue to promise and fail to deliver. people will stop buying into the Fraud.

With a properly managed MOE there can be no failure to deliver. If a trader defaults on his trading promise, the failure is mitigated with an equal interest collection. His trading partner gets paid. This is automatic negative feedback. If trader's begin to default, prevailing interest collections increase making new business propositions less probable to succeed and thus they aren't attempted (the bubble is nipped in the bud so to speak). But responsible traders are unaffected. Only irresponsible traders are inhibited in the marketplace. In this way you don't get a cascading effect like we get now.

"There is a 40 Year backlog of trades which are not complete. There are going to be many that will become Homicidally Angry at the people whom do not deliver. That day approaches more rapid than you may think. But nobody lives on Earth forever."

Only governments have a backlog of trades and it goes back far more than 40 years. With a properly managed MOE, government participation in the marketplace using certified trading promises would have been cut off with their first request for a rollover (which is a default). Governments would have to either get responsible or get lost.

"I am eagerly looking forward to that day. I have already Boiled the Rope and Designed the Gallows. My next stint in this adventure will to become a Hangman. I will efficiently deliver the 1000 Foot Pounds to the Neck of the Deserving."

See, I told you you still have your ass. You're going to need it for ballast. Are you going to wear a mask Mr. Hangman?

"How about you? Are you looking forward to the Day of Reckoning where there is no more Fraud?"

I'm a prep-er and have been buying junk silver coins (pre 1965) because I remember their value in trade when I was in high school. I would be oh so happy if by some magic someone obtains adoption of a properly managed MOE and my prepping is wasted and my coins are worthless. It would be a great trade to have sane management of the MOE.

"It is Hanging Day when that day arrives."

I read "The Tale of Two Cities". Only a small percentage lost their heads (50,000 I think was the rough number). My neighbors are all superb deer hunters. We're not too worried about the swarming hoards or the so-called authorities.

Todd Marshall
Plantersville, TX

 

 

 

 

 

Fri, 11/22/2013 - 02:02 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

precisely NEVER in history have any certificates had lasting value for barter. Ever.

It's always been tools, weapons, gold, silver, food, land, medicine & vital skills to use & get more of the same all directly traded with no intermediary certificates, debts, tokens or "currency". Always.

You can't prove this time will be different.

It won't.

Fri, 11/22/2013 - 01:58 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

You're an idiot. The day is coming when paper dollars will have a value of ZERO.

Those without gold on that day will be bankrupt. Period. That's one core truth you can't escape.

Fri, 11/22/2013 - 01:36 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

except the Monsanto "farmers" have been driving the most expensive cars. They're taking the WORLD marketshare for farms.

And gold & the bond bubble: YES, they have been right & still are. You'd have to be blind not to see it. Nation's bond markets are falling like flies, diseased, unable to fund themselves unless they turn to fraud & war and are no longer able to cover it up as in decades past. It's getting incrementally worse, as predicted.

Wed, 11/13/2013 - 08:24 | Link to Comment RaceToTheBottom
RaceToTheBottom's picture

We should start a contest for picking the date of the great do-over.  That is when all central banks say Hmmm, we were wrong and we should just scrape the slate clean and start over.

1/1/2020

Wed, 11/13/2013 - 09:33 | Link to Comment GMadScientist
GMadScientist's picture

Yes, the fact that people still interview this hybrid between a windsock and a buttplug is absolute insanity.

 

Wed, 11/13/2013 - 11:06 | Link to Comment withglee
withglee's picture

""the world's floating around on a huge artificial sea of liquidity.""

No it's not. The world is drowning in trading promises that are broken on arrival but which are being certified as money anyway. And the irresponsible trader of interest here is government. And of course irresponsible traders of tangential interest are the bankers.

Wed, 11/13/2013 - 13:44 | Link to Comment Oracle 911
Oracle 911's picture

Fuck AOL. I can't watch the video.

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