This page has been archived and commenting is disabled.
Just because it is a nice, round, and very symbolic number...
- advertisements -
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
We did. Sorry.
Try again... it was us over here. We have tons of gold available and the demand just keeps getting hotter.
www.goldsilver.com, asipmdirect.com, bordergold.com, milesfranklin.com,
good luck. bit late.
I think $1789 or $1917 would be even more significant... not to mention $2001
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/2/17_Gr...
So unlike every other week before this one for the past 52 when KWN has said the same?
"With gold and silver still consolidating..."
2012 will make 1776 look like 1919. read a book.
Gotta love tradition.
margin hikes soon, I'm sure.
Fine. Let them go ahead and put all those paper traders into bullion.
If the stikes in S.A. get worse platinum tops gold easily...but hurray for gold nonetheless.
What is going on? There has to be something causing this move. Did all commodities just go green?
Bernanke's PhD finger.
Holding it down was getting too costly?
they can't get the physical on the shelves fast enough, too many buyers all at once in the dealers stores
Irony is one funny motherfucker.
The age we live in is a busy age; in which knowledge is rapidly advancing towards perfection. In the natural world, in particular, every thing teems with discovery and with improvement. The most distant and recondite regions of the earth traversed and explored the all-vivifying and subtle element of the air so recently analyzed and made known to striking evidences, were all others wanting, of this pleasing truth.
[OK, so no one's perfect--got anything else?]
There are two characters, one or other of which every man who finds any thing to say on the subject of Law, may be said to take upon him;that of the Expositor, and that of the Censor.
[Yeeeesss...do go on dear Jeremy]
If, on the one hand, a hasty and undiscriminating condemner of what is established may expose himself to contempt; on the other hand, a bigotted or corrupt defender of the works of power, becomes guilty, in a manner, of the abuses which he supports: the more so if, by oblique glances and sophistical glosses, he studies to guard from reproach, or recommend to favour, what he knows not how, and dares not attempt, to justify.
[Right on, man]
Not that a race of lawyers and politicians of this enervate breed is much less dangerous to the duration of that share of felicity which the State possesses at any given period, than it is mortal to its chance of attaining to a greater. If the designs of a Minister are inimical to his country, what is the man of all others for him to make an instrument of or a dupe? Of all men, surely none so fit as that sort of man who is ever on his knees before the footstool of Authority, and who, when those above him, or before him, have pronounced, thinks it a crime to have an opinion of his own.
[Uh, I will just get our of your way now good Sir]
Suppose the defection to have begun, not by entire provinces, as in the instance just mentioned, but by a handful of fugitives, this augmented by the accession of other fugitives, and so, by degrees, to a body of men too strong to be reduced, the difficulty will be increased still farther. At what precise juncture was it that ancient ROME, or that modem VENICE, became an independent state?
In general then, at what precise juncture is it, that persons subject to a government, become, by disobedience, with respect to that government, in a state of nature? When is it, in short, that a revolt shall be deemed to have taken place; and when, again, is it, that that revolt shall be deemed to such a degree successful, as to have settled into independence?
As it is the obedience of individuals that constitutes a state of submission, so is it their disobedience that must constitute a state of revolt. Is it then every act of disobedience that will do as much? The affirmative, certainly, is what can never be maintained: for then would there be no such thing as government to be found any where. Here then a distinction or two obviously presents itself.
Let it be said, that part at least of this promise was to govern in subservience to Law: that hereby a more precise rule was laid down for his conduct, by means of this supposal of a promise, than that other loose and general rule to govern in subservience to the happiness of his people: and that, by this means, it is the letter of the Law that forms the tenor of the rule.
But if it was just, as applied to that branch of government, and in this country, it could only be for the same reason that it is so when applied to the whole of government, and that in any country whatsoever. It is then, we may say, and not till then, allowable to, if not incumbent on, every man, as well on the score of duty as of interest, to enter into measures of resistance; when, according to the best calculation he is able to make, the probable mischiefs of resistance (speaking with respect to the community in general) appear less to him than the probable mischiefs of submission. This then is to him, that is to each man in particular, the juncture for resistance.
A natural question here is by what sign shall this juncture be known? By what common signal alike conspicuous and perceptible to all? A question which is readily enough started, but to which, I hope, it will be almost as readily perceived that it is impossible to find an answer. Common sign for such a purpose, I, for my part, know of none: he must be more than a prophet, I think, that can shew us one. For that which shall serve as a particular sign to each particular person, I have already given one: his own internal persuasion of a balance of utility on the side of resistance.
--Jeremy Bentham, 'A Fragment on Government', 1776
"resist"
thxz jim! sounds like a woman i fell in love with, 2-3 back... L0L!!!
Herding Greek Cats from Bondage
By: Jim Willie CB
LET THEM FAIL!!!!!
If you send that number to Bernanke, he would say: Hmmm, this is the amount of QE we will do in the next 2 years.
where's trav777?
where's trav777?
Preparing for his daily troll session.
Very nice bullflag in euro's !
An elegant screen capture. Well done, Tyler.
The price action over the past few days reminds me very much of early August 2011.
GM sound. Reflecting on teh waste of America...as good as tin foil son
http://www.youtube.com/watch?v=KkLj3on6oUs&feature=share
125 posts in 1:15.....
Sell signal is 125 in 1:00
Prime factors:
2 * 2 * 2 * 2 * 3 * 37
Prime factors in exponent form:
24 * 3 * 37
All factors:
1, 2, 3, 4, 6, 8, 12, 16, 24, 37, 48, 74, 111, 148, 222, 296, 444, 592, 888, 1776
Nice call Tyler...
Just might end up closing the day at 1776.
Looking at the 10 minute chart for gold is silly. Take a step back and look at the big picture. Gold will crash when Bernacke announces he will stop printing money. For now gold must rise. Oh...it will not go straight up.
Casey Report (a few months ago) looked at the longest period in the past 10 years that one had to wait for gold to rise to its prior highs. With the exception of 2008 it was 3 months. If you are a trader then trade something that makes sense to trade (in this market that is probably not possible). If gold interests you then buy some and sit tight. It will probably slowly rise until the paper markets crash and then things could get interesting for those who have real gold close by.
Let's say that the great Apollo has cleared the tower years ago fueled by Dollars instead of rocket fuel.
I don't know what is still holding that thing upright.
It's doesn't matter what the paper markets do. Only physical matters and the price on eBay is higher than the phony paper market.
weeeeeeeeeeeeeeeeee
weeeeeeeeeeeeeeeeeeeee
weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
A gsr of 50/1 be intolerable; intolerable I sayeth
headless forecast = $2012 by 2/29/12
whew, that's a lot of 2's.