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Charlie Munger: Gold Is For Holocaust-Era Jewish Families To Sew Into Their Garments; Civilized People Don't Buy Gold
While Becky Quick's CNBC interview with the Charlie Munger has a little for everyone to love and hate (from Keynesian-doctrine to easy-living-Greeks and Bad-trading-robots), Buffett's right-hand was particularly eloquent in his views (at around 9:08) on Einhorn's distrust of the Fed and buying Gold: "gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939 but civilized people don't buy gold - they invest in productive businesses." End quote.
It is actually funny, because years ago, someone warned us precisely about crony capitalist creeps such as this one:
"I warn you that politicians of both parties will oppose the restoration of gold, although they may outwardly seemingly favor it, unless you are willing to surrender your children and your country to galloping inflation, war and slavery then this cause demands your support. for if human liberty is to survive in America, we must win the battle to restore honest money. There is no more important challenge facing us than this issue -- the restoration of your freedom to secure gold in exchange for the fruits of your labors."
Where did the warning come from?
The father of the man who made Charlie Munger richer than he certainly deserves to be: Howard Buffett.
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There are times I make that distinction, but jews have this tendency to think they are "God's people" and more special than regular humans. The holocaust is one of those times. The orthodox jews teach that humanity will be the slaves of the jews in eternity- that we are donkeys.
Jewish settlers build in lands that they have been told are off-limits, believing all Israel belongs to them- regardless of the Palestinians. These are not Zionists, they are thieves.
The Israeli soldiers that slaughter Palestinians are not all zionists. They could refuse to kill and torture, but like their nazi antagonists, they convince themselves otherwise (not unlike american soldiers).
The travesties perpetrated by man against man are legion, they are usually the result of governments and mass social organizations that place power in the hands of a few degenerate sociopaths with the charm and intelligence of a conman. They then do their dirty work after speeches about patriotism and jingoistic parades.
Responsibility begins at square one- you and I. It stops and starts there. The most powerful word in the world is "no". While many are fooled and can be fooled for awhile, there is zero excuse for the continued violence done by bankers and their political eunuchs. As long as you willingly give up your liberty, to participate in the crimes they commit against humanity, you are not just their slave, but an extenssion of the evil they prosthelyze and extol as the virtue of their empires.
We are all "G-ds people". I am not Orthodox and would never want to be and if you believe what they say why dont you convert!
I can't make the distinction between Israel and the Jews between the Red Indians and the Redneks so whats your point? Same situation, taking land that was not yours!
Again what is the distinction between Israeli soldiers and American soldiers, answer: NOTHING, they both kill for power!
I agree however that responsibility begins at home (if the leaf on the tree has changed then the tree has changed). In the mean time thats another 3 oz's of gold and 175 oz's of silver to the stack. Bring it Munger and chew on my prepuce Becky!
I find The Gulag Archipelago to be a far worse story than the Nazi story, but there are far too many communist sympathizers in Hollywood for films about that holocaust to ever get made.
I find Mao,s great "LEAP FORWARD" very disturbing with the annailation of over 30 million chinese and it is now the Obamas campaign slogan "FOWARD"
Hollyweirds Communists and Bolsheviks do and will make such movies Mox, but as I said, they will make the plot about a Morally superior Communist within the system who is "troubled, torn by his nations policies" and make a Commie the hero, subtly making you take sides with a heroic handsome Commie.
I think they use this technique when they want to make a hero out of a Jew Murderer like Jude Law killing Huey Long? and upcoming with the phil Spector killing. Make the killer a charming handsome hero and he was either innocent or justified in his act.
Goyim are such sheep we absolutely eat this up
And WE shall never forget.....the vastly more killed in the Bolshevik Revolution!
Ever heard of it?
The Berkshire Revolution??? God help us all.
no need to gaze eastward for stories when the amrkn homeland is rife with history. . .
Trail of Tears
Long Walk of the Navajo
Wounded Knee Massacre - check this file photo, does it look familiar? http://en.wikipedia.org/wiki/File:Woundedknee1891.jpg
the persecution and extermination of indigenous peoples by those who feel their "white european" history makes them inherently special is a long, long tale, yet to be fully explored and acknowledged.
European Missionaries in all the "new worlds" - there's another long tale conveniently rarely mentioned.
He makes complete INSANITY sense. If you buy GOLD you won't be able to buy our scam BERKSHIRE Fiat financed stock. So GOLD is BAD. FAKE FIAT is GOOD.
Do I detect a feverish whine from the likes of Buffet, Munger, Krugman et al? At any rate, proud to count myself one of the barbarians.
Man, I really want to be civilized! I need to learn how to lose 50%+ of my wealth in 2 weeks and get made whole by a taxpayer bailout. Maybe Warren and Charlie can teach me, so i can be civilized like them?
I haven't listened to this yet...did Becky ask if they hate Sokol for getting off scott-free on Lubrizol, instead forcing Buffett to become Obama's tax policy hand-puppet in order to preserve his legacy? Guessing that would be too much investigative journalism for that network to handle...
He is an evil nasty shit. Plain and simple.
See you in hell Charlie :)
Shareef don't like it... (He thinks it's not kosher)...
~~~
http://www.youtube.com/watch?v=Bn1Ca8izXto
ha ha! love that song....returns me to my high school days!
I've thought for some time that Warren's downfall would be a reveal of his man-boy love weakness when it is found that he has dozens of sub-basements in that Omaha shack of his serving has holding pens for the missing children. Probably the same sickness with this fuck as well.
How far is Omaha from Lincoln?
Close. 45 miles. Even closer on a NetJets flight.
I don't know, WB seems to have a "thing" for Becky- didn't she just have a kid?
Suck It Taxpaying Bitchez!
Jew Gold --- like in South Park
http://www.southparkstudios.co.uk/clips/sp_vid_155015/
A must watch
'They invest in Productive Business" - Yes, I'm all for the Facepalm float Charles
Fuck, what a blood sucking parasite he is ... he has not "made" a productive thing in his entire life ...No he just takes (steals) Margin.
Ass wipe... should have his head examined to see if it has a functioning Brain AND he should be thankfull for the sheep he has been given to live off.
Exactly.
But let's also dwell on the fact that the BRK bigwig just basically called Jews "uncivilized" on national television.
Heh. Oops!
Clearly Munger and Buffett don't invest in LULU gear or HLF products. I get sick of fat slobs calling other people uncivilized.
Best post of the day njdoo7
best post of the day
missed it the first time through, it was
hey everyone im a jew! who knew? oi! nice heavy clothes.
Civilized people don't buy gold - they mine it.
Becky knew it was over as soon as it left his mouth...... Buh bye, Charlie, we hardly knew ye......
And people wonder why Buffett has kept Charlie away from the cameras for 40 yrs....
Dude's lenses look like they came right from the Hubble. Just shoot the relic and spare us his "insights."
you need a golden bullet....
And a stake through his heart!
He looks and sounds like a more racist version of Mr. Magoo
Tunes too looney made a double post by mistake
Hell it seem's like he's getting out of breath just formulating answers to Becky's complex questions. Maybe Warren made him do the interview with her to kill him off.
Overweight, out of shape, gluttens are civilized. The rest of us aren't. That's new.
Civilized people don't buy gold - they mine it.
_____________________________________________
US citizens are civilized people. Through their behaviour, one could deduce that civilized people buy and hoard gold thanks to a ponzi based fiat money currency.
Go burn some coal, resource depleter.
Hopefully, US citizens are self driven when it comes to aiming for resources depletion because it is not through competition with me that would find any emulation.
US citizens are out of league. Once again.
Hopefully, Chinese citizenism baboon-men are self driven when it comes to aiming their sphincters at the side of the road because it is not through even the most basic levels of hygiene, public consideration or even self-respect that they emulate their own food dogs in their toilet habits.
+rebuttal.
Fuck that was good..
Akak is here to remind us.
akak said:
They probably emulate the eating habits of their food dogs as well. You know, those dogs, the ones that, ummmm, how to put this, recycle their droppings, in a manner of speaking.
Fucking brilliant.
The smarter civilized miners just hang a "Cash for Gold" sign.
I know exactly what Dr Monger is saying. I have been simply horrified at some of the vile comments of the doomer goldbugs on this board. Many of these goldbugs seem to literally hate everybody in positions of authority, from respected government officials to esteemed economists and financial professionals. This is an indication of their lack of self esteem and inability to admit when they are wrong.
I am simply horrified you are allowed to take on air.
I am horrified I must share earth air with him.
I know exactly what Dr Monger is saying
Is Dr Monger's first name Fear?
C'mon MDB, you can do better than that. What is this, your day off?
He's sitting on the beach in Fukushima typing on his iPad.
...enoying hors d'oeuvres of local shellfish and earless rabbit.
Really, I could have swore I saw him in Cleveland under a bridge.
.
A troll bridge?
Sorry, I couldn't help myself.
Good one MDB.
Ha ha ha, he said "respected government officials".
Let's talk again after the dollar collapses and loses WRC status. :)
OK ..... See you next week!
"these goldbugs seem to literally hate everybody in positions of authority, from respected government officials to esteemed economists and financial professionals."
If you could please point out some of these people as I am unaware of any.
"these goldbugs seem to literally hate everybody in positions of authority, from respected government officials to esteemed economists and financial professionals."
If you could please point out some of these people as I am unaware of any.
Could it possibly be from the fact, they usually 95% wrong, and /or Lie to us?, and expect us to believe it.
Kinda tough statement you made there, when you have VIDEO tapes of these RESPECTABLE folks saying one thing, and a year of two later,saying just the opposite,again on Video tapes!!
How can you respect anyone who changes /lies, and obfuscates on their positions 95% of the time?.
You miss a HUGE point Charlie, we would LOVE to be able to have the ability to do exactly what you do, respect and trust once lost is impossible to regain. Respect it is earned, not given, screw me once shame on you, screw me twice shame on me.
It's called Character once lost,never can one regain it.
PS: And I am not a Gold Bug, do not even like the term.
I hate people of your ilk has made us /put us in the position to have to own ONE ounce for self preservation!.
Should I trust the markets yet ONCE more??,after getting being taken out TWO times in the last 30yrs?....................that my little friend, is the definition of INSANITY.
I do not have time to regain it after one more GANG rape.
It scares me that commentors on this SITE, don't get sarcasm nor understand irony.
Perhpas reading for comprehension, instead of quick draw on the downtick button is the solution ;).
I for one adore esteemed economists, especially the Nobel prize winning Ph.d variety. Thinking of getting a nice Chianti and some fava beans to go with my favorite economist.
When in doubt, throw the sarc tag on it. Some of these dudes throw out some high grade ascerbic witticisms. I for one ain't exactly Einstein.
"respected" + "government official" = "oxymoron"
"Authority" is the antithesis of "freedom."
The lack of self-esteem is to seek to have others rule over you. I want none of that... I have too much self-RESPECT to tolerate it.
Oxygen thief!
"ghastly little toe-rag oxygen thief"
http://www.thisiscroydontoday.co.uk/New-Addington-Asbo-teen-Tommie-Harwo...
"Many of these goldbugs seem to literally hate everybody in positions of authority, from respected government officials to esteemed economists and financial professionals."
We don't hate them, we just don't believe them nor respect them. Let's talk about in a few years. 1+ trillion deficits a year.... tick, tock, tick, tock
Wonder who the 17 retards are the gave a green arrow on MDB's comment. They're joking right? People in positions of power fucked us all.. Corzine? I was a Lind Waldock/ mf global broker, that fucker took 20% of my income and forced me to buy mf at avg price of 7 bucks. And I didn't even get my last commission check. Fuckers! Oh well, short spoo and oil from Tuesday. Both are going down like MDB on Obama in an alley.
Here's some quality companies Charlie.
YELP, ZNGA, GRPN, NFLX, FB, etc..
They specialize in wasting time.
He and Buffett need to do a "Thelma and Louise" into the shit abyss they helped to create.
The Jews won't be running this time, get ready for thermal nuclear war, bitchez!
Just exactly what the fuck does Charlie care about what anybody buys? Look at the price of Berkshire, asshole, you sure don't want any of the "little people" buying into that. So, why all the sudden concern for the peons?
God, what a miserable elitist...
Primo.
One of the most insightful comments in a long time.
Plus....
WTF is going on?
Santelli marginalized this morning, Doctor Wanker here cutting gold bugs via diversion and dissimulation, Lloyd Darkfiend on a week or two ago defending the Squid personally? And then they're hiring somebody for social media spot. What happened to Van Prannng or whothefuckeverelse?
I mean, it's seriously like those esteemed of authority are pulling out ALL THE FUCKING PLUGS for some Yet Unknown Reason.
Seriously....
Some yet unknown.....
prole holocaust.
No, I dont think so....they're acting much more like they keep seeing karma behind them in the mirror...and it scares them into fits of irrationality.
knukles said:
Next thing you know they'll be trotting out Blythe Masters. When you see her on CNBC trying to spin things the right way, you'll know the end is near.
Oh, wait...
"What was the Holocaust? Did they make a movie about it?"
The Holocaust was a situation in which a group of people were too lazy and ignorant to protect themselves from a clear and obvious deadly threat from their Government and its' psychotic leaders. The warning signs were all there but they chose to live in a fairy tale world until it was to late and they died.
In the the mid 19th century we referrred to these people as Jews. Today we call them Americans.
You sir hit that right out of the park
The door was open for years but less than 1% of Jews emigrated. There weren't many survivalists or gun nuts either. Note to paranoid gold bugs: The Swiss banks effectively confiscated Jewish gold because the Nazis were not kind enough to provide death certificates to heirs. These were the same banks that laundered gold teeth for the Nazis. Don't trust bank safe deposit boxes. Don't trust probate.
I have a slight disagreement with you, kind sir. I would say "Today we call them shareholders", as Berkshire Shitaway depends at its core to having braindead shareholders, who are not paying attention to the rapid decay of their investment in BS. The gig is up and Munger knows it.
The wise King Solomon owned several "productive businesses" they were called gold mines.
There was no holocaust. It's another lie just like all the other lies told by Jews. As for hoarding gold in their clothing, did you hear the one about the "holocaust survivor" who had diamonds sewn into her clothing. She supposedly ate them, shit them, and ate them again. Another tale from these tribe of wackos.
What . A . Total . Douchebag.
Holy monkey balls, this dude should be able to see Venus with those glasses.
It's like Buffet and Mr. Magoo had an illegitimate love child...with Progeria...
He should be able to see footsteps on the lunar landscape during tomorrow's Supermoon.
Charlie Munger's attitude these days is: " Fuck it, I am 1000yrs old and rich, I will say what ever I want and if you don't like it, Blow Me."
Well, Becky probably would. She seems to slobber Warren's knob whenever she gets the chance.
they're dredging from the bottom of the barrel of 'confidence men' to diss sound money.
Yes, The Hangover 2.
Fact, they gave out rings at the holocaust. Must of been why they smuggled in gold. Gold rings.
So gold is good for Jews, but not 'civilized people'?
The luckier Jews used their gold to bribe the guards. How am I supposed to eat If I don't have something you want, Herr Charles? And fiat won't be anything anyone wants. I really cant get yuan in good quanitiy, so what then? Cheap sex?
and some of the luckier made there way out of the occupation through a certain tobacco shop of Questionable Dutch ancestry.
;-)
Someone should make a reality TV show where contestants smoke a fat bowl of weed then interview this dweeb and try to keep a straight face. The person that goes the longest without breaking into hysterics wins....a date with Warren Buffet.
Dude?!???
Where's my babe?
When it comes to gold, we're all Yids
Yet, it's called Titanic.
looks like he is doped up on painkillers......maybe he thought about the holocaust reference while taking a bath?
Anyone who is a partner with Buffet is a dirtbag piece of shit screw him...
Just had bad bath-twosome visual.
mmmmmmmmmm . ooey-gooey/doubledouble.
TD: Munger didn't say "pre-holocaust Jews". That's your paraphrase. So it shouldn't be in quotes (") in your heading.
I'm a little curious why I got four "thumbs down" for the comment ?
Just tryin to keep ZH on the level :) I care about this site. A lot.
(Plus I see the quotes were removed.)
My wife always tells me I'm uncivilized. Now I have secondary confirmation.
My wife is uncivilized.
And God Bless her too!!
+in home modeled clearance priced bikini's for (our last?) summer 2012!!
It's a tale that obsesses over a small group of people who were claimed to have been targeted and killed during WWII which ignores the other SIXTY MILLION victims of the same war. The claim is that 6 million of these people were murdered.. In the late 1990s the release of Russian archives put the 6 million figure in doubt by recording that just a few hundred thousand of these people actually lived in Europe during the time.
It should also be known that it is only the ignorant masses who still believe the holocaust was an actual historic event. Though they dare not say so in public, the academic classes are fully aware that it was war time propaganda designed to enable a small group of people to steal the land of another group of people.
Maybe it's just me, but Munger looks like a worshiper of nazi-ism.
I do recall they made a Movie about this subject. I think it was titled "Swindlers List"?
Gold is going to be one of several items to have to survive this.
http://www.beaconequity.com/we-are-preparing-for-massive-civil-war-says-dhs-informant-2012-05-03/
In a riveting interview on TruNews Radio, Wednesday, private investigator Doug Hagmann said high-level, reliable sources told him the U.S. Department of Homeland Security (DHS) is preparing for “massive civil war” in America.
“Folks, we’re getting ready for one massive economic collapse,” Hagmann told TruNews host Rick Wiles. Sign-up for my 100% FREE Alerts
“We have problems . . . The federal government is preparing for civil uprising,” he added, “so every time you hear about troop movements, every time you hear about movements of military equipment, the militarization of the police, the buying of the ammunition, all of this is . . . they (DHS) are preparing for a massive uprising.”
Hagmann goes on to say that his sources tell him the concerns of the DHS stem from a collapse of the U.S. dollar and the hyperinflation a collapse in the value of the world’s primary reserve currency implies to a nation of 311 million Americans, who, for the significant portion of the population, is armed.
Uprisings in Greece is, indeed, a problem, but an uprising of armed Americans becomes a matter of serious national security, a point addressed in a recent report by the Pentagon and highlighted as a vulnerability and threat to the U.S. during war-game exercises at the Department of Defense last year, according to one of the DoD’s war-game participants, Jim Rickards, author of Currency Wars: The Making of the Next Global Crisis.
Through his sources, Hagmann confirmed Rickards’ ongoing thesis of a fear of a U.S. dollar collapse at the hands of the Chinese (U.S. treasury bond holders of approximately $1 trillion) and, possibly, the Russians (threatening to launch a gold-backed ruble as an attractive alternative to the U.S. dollar) in retaliation for aggressive U.S. foreign policy initiatives against China’s and Russia’s strategic allies Iran and Syria.
“The one source that we have I’ve known since 1979,” Hagmann continued. “He started out as a patrol officer and currently he is now working for a federal agency under the umbrella of the Department of Homeland Security; he’s in a position to know what policies are being initiated, what policies are being planned at this point, and he’s telling us right now—look, what you’re seeing is just the tip of the iceberg. We are preparing, we, meaning the government, we are preparing for a massive civil war in this country.”
“There’s no hyperbole here,” he added, echoing Trends Research Institute’s Founder Gerald Celente’s forecast of last year. Celente expects
Read more: http://www.beaconequity.com/we-are-preparing-for-massive-civil-war-says-dhs-informant-2012-05-03/#ixzz1u02iXayL
The destruction of the dollar is an orchestrated event. It's a very slow process that might go on another 10-20 years or longer. 99% of people are brain dead and are not about to rise up against anything expect the Boogie men ( China, Russia, Iran, Terrorists etc) created for them.
C'mon Cubby that is silly talk.
First of all, sheeple with full bellies don't rise up. Half the time the starving don't rise up but certainly never do the fat and happy rise up. If the sheople were to rise up they would miss Jersey Shore, like no way dude! (and miss Snooki's baby? Like OMG!)Think about it, welfare queens have no job besides welfare scammer half of them are over 200 lbs. I would be surprised if they could rise up off the couch.
Second of all, of the sheople I know personally, 100 percent of them would eagerly join the .gov side, so it would be a quick uprising resembling, in a comparison fitting for this thread, "The Great Battle of Auschwitz"
Zat dress is hanging veywe low lady.....vat do you have it weighted it down vith?
Me Groc. Me caveman. Me like shiney rock.
Me extinct now...
So says the anal raping octogenarian
Ain't he dead yet?
Nope. Just example 1001 of how nobody answers my prayers.
.
I pray he lives for another hundred years, confined to a cage which is never cleaned, yearning for his own death and forced to wait another nine decades.
I like to melt my gold and pour it down the throats of central bankers and other lying sacks of shit.
Marcus Licinius Crassus...
they'll take it before you get the chance to give it to them
x 1000. LOL
better than lynching +1
Civilised people hang lying bastards like him from trees
Yeah, but gold owners aren't civilized.
I say confine him to his playpen and never change his diaper. Ever.
Ya mean we are expected and allowed to go brutal on his ass? Never though owning gold could be that much fun.
Going medieval on his ass is one of the priveleges of no counter party risk.
slight modification of the "BUTTHURT REPORT FORM"...
[ ] They deserve to be hunted down like dogs and shot dead in front of their own food bowl.
this guy eats like a pig!
just such a piece of shit this clown and his jester are. such a piece of shit
Eat cake you say, Charlie? Off with your head!
This piece of shit may be right....
But me thinks theirs another"holocaust" of sorts brewing right now....a global, financial holocaust
This post is spot on and does not deserve a downtick. Civilised people do not keep printing money but because humanity is always uncivilized when it comes to money we will continue to print and therefore underwrite the value of gold.
Civilized people don't buy gold, they just bomb the shit out of brown people who do and take it.
That includes black gold.
What?
Confiscation of black gold?
The barbarians can have my composted horse manure when the clean it out from my old rubber boots after taking them off my cold dead feet.
Charlie Munger is a douche bag.
Charlies days are numbered,soon he leaves us.Charile is a paid SHILL for the PTB.
Also, if Charlie really believes what he said, with a little luck, he may get to see how to live with his children.................who MAY still have jobs, and a home.Because Charlie will be a dead dik broke dog.
Charlie Munger is a goat's ass.
Now why you gotta go 'round insulting goats?
Charlie Munger is a Chinese roadside, in hot weather, near a bus stop.
Charlie, are you there?
Do you get the message yet?
akak said:
Urrrrgh, the heat, the humidity, the flies, the overbearing stench of the Munged Chinese roadside.
Excuse me while I retch.
What a douche. I wish I could travel back in time to 1890 when he was in elementary school and kick his ass on the playground.
You wouldn't hit a kid with glasses now would you?
No, I'd hit him with my fist.
I'd hit him with a brick...of tungsten. I ain't taking no chance with my gold brick.
Jim Sinclair is so uncivlized. Damn barbarian and his yellow metal!
Isn't it funny the modern Jew will disassociate with gold as money?
Wow, he's closer to death than Buffett is. And such a nice way to phrase he doesn't own gold or believe in it. He is either a liar or one lucky idiot.
Hey Charlie, why don't you die or something?!
Oh sorry, am I being rude here?
Civilized people don't buy gold, they just take it.