• Monetary Metals
    05/02/2016 - 01:28
    The price of gold shot up this week, and silver moved proportionally. Headlines are screaming for gold to hit $10,000 or $50,000. Does this alleged new bull market have legs?

Update: It's Not On Just Yet: Iran Denies Earlier Reports:... Iran Closes Straits Of Hormuz, Oil Explodes

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Tue, 12/13/2011 - 17:28 | 1975850 Cathartes Aura
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. . . and over 90% of that rapeseed is GMO, as is the soy.

feedlot grade.

Tue, 12/13/2011 - 10:56 | 1973753 Dr. Engali
Dr. Engali's picture

I woke up with one of those this morning.

Tue, 12/13/2011 - 10:56 | 1973754 Captain Benny
Captain Benny's picture

time to buy cheaper gold, it stores longer on the shelf than gasoline :)

Tue, 12/13/2011 - 10:56 | 1973755 Bwahaha WAGFDSMB
Bwahaha WAGFDSMB's picture

bullish?

Tue, 12/13/2011 - 10:56 | 1973759 Ying-Yang
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Iranian and military sources note that the linkage Sorouri made between the capture of the RQ-170 and the naval drill in the Strait of Hormuz was intended to inform Washington that Tehran in possession of the drone no longer fears the ability of the naval air carriers the US has deployed in the Persian Gulf to prevent its closure of the strategic waterway.

In the last six months, Adm. Habibollah Sayyari has emphasized more than once that the Iranian Navy which he commands is master of the Persian Gulf and dominates the Strait of Hormuz. After trapping the American stealth drone, Iran is mounting a challenge to the warning issued by Panetta and testing the resolve of Washington and the Saudi-led Gulf Arab region to contest the Hormuz drill.

Mere verbal protest will not serve. It will just leave Tehran crowing over its possession of the US drone as the key to the military and intelligence mastery of the Persian Gulf waters and the ability to make US back down. However a real threat by the US and Gulf oil powers to stop the drill by force will send regional tensions shooting up.

Tue, 12/13/2011 - 11:03 | 1973808 SDRII
SDRII's picture

Not new: http://www.nytimes.com/2008/01/12/washington/12navy.html

There is a reason American military officers express grim concern over the tactics used by Iranian sailors last weekend: a classified, $250 million war game in which small, agile speedboats swarmed a naval convoy to inflict devastating damage on more powerful warships.

In the days since the encounter with five Iranian patrol boats in the Strait of Hormuz, American officers have acknowledged that they have been studying anew the lessons from a startling simulation conducted in August 2002. In that war game, the Blue Team navy, representing the United States, lost 16 major warships — an aircraft carrier, cruisers and amphibious vessels — when they were sunk to the bottom of the Persian Gulf in an attack that included swarming tactics by enemy speedboats.

 

Tue, 12/13/2011 - 11:08 | 1973844 SDRII
SDRII's picture

Also reports of US troops in Jordan & Saudi Proxy Bahrain alleging the Syrian are training the opposition

http://www.jpost.com/

Tensions also rising in Sudan where the US vs. China proxy battle is escalating...One wonders if thiose Uganda troop deployments have anything to do with the rebel attacks...

http://www.washingtonpost.com/business/chinese-envoy-warns-of-serious-consequences-if-no-oil-deal-reached-between-sudan-south-sudan/2011/12/10/gIQAWMJpkO_story.html

http://abcnews.go.com/blogs/politics/2011/10/obama-sends-100-us-troops-to-uganda-to-combat-lords-resistance-army/

 

 

 

 

Tue, 12/13/2011 - 11:10 | 1973865 SWRichmond
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"They Were Expendable"

Tue, 12/13/2011 - 11:13 | 1973880 High Plains Drifter
High Plains Drifter's picture

welcome to the new navy tactics.  smaller and faster ships. the days of the mega carriers are over.......this will be proven soon when some of them are sent to the bottom with all hands. courtesy of anti ship missles etc.......or course our military industrial complex knows this and doesn't care. to them, it merely signifies (after the losses) that we need more and better stuff ...........to fight them evil terrorist doncha know.....

Tue, 12/13/2011 - 11:22 | 1973938 cowdiddly
cowdiddly's picture

In addition everyone forgot about Russia's anouncemnet to move those Iskander missles. 21st century missle if there ever was one. Bad to the Bone. I would not want to be on a Haze grey sitting duck right at the monent.

Tue, 12/13/2011 - 11:34 | 1974014 High Plains Drifter
High Plains Drifter's picture

not to mention their newest creation not yet on line, the hypersonic missle...........the russian military industrial complex is almost as good as ours......

 

our navy is big, no doubt but it is also full of rust buckets.  what better way to get rid of these rust buckets than have the iranians sink them for the defense industry who as usual is chomping at the bit to create new and more efficient "defensive"  thingys....

Tue, 12/13/2011 - 12:14 | 1974249 LFMayor
LFMayor's picture

what's this hypersonic definition mean, exactly?  So anti aircraft missles like the Nike, Ajax, Sidewinder, AIM120, phoenix, patriot, gekko, grail and sparrow weren't hypersonic?  How did they catch aircraft then, from front aspect attack only?

Or is this in reference to anti ship missles only?

not a personal attack, this just sounds like breathless panic because an adjective was substituted.

Tue, 12/13/2011 - 12:38 | 1974400 Abitdodgie
Abitdodgie's picture

Iran has a LOT of sunburn missles, they travel at about 4300 fps and have a range of about 60 miles.

Tue, 12/13/2011 - 12:52 | 1974448 High Plains Drifter
High Plains Drifter's picture

a word about sunburns..........from  the year 2000.......

 

http://www.wnd.com/?pageId=7142

 

they have been worried about them for a very long time........

Tue, 12/13/2011 - 15:18 | 1975155 Weimar Ben Bernanke
Weimar Ben Bernanke's picture

The Hawkeye early warning platform and satellites would give the battle group plenty of time to prepare for the Sunburn armed cruiser/destoyer. Also, American carrier battlegroups have 1 to 2 nuclear attack submarines that could be dispatched way ahead of time to deal with the surface ship.

If somehow the enemy surface action group came within a few hundred miles of the US battle group, 10 to 20 F-18's carrying 2 to 4 Harpoon anti-ship missiles each could be guided by the Hawkeye to make "light work" out of the enemy. If somehow a Sunburn was launched before the enemy ships were destroyed, the US battle group has 3 to 5 Aegis cruisers/destroyers that were designed to shoot down massed anti-ship missile attacks. Then of course there is the last ditch close in weapon systems and chaff/decoys the carrier could deploy.

 

The Navy is not worried about the sunbrn anymore. It is the Yakhont P-800 they are worried about. It is much more faster then the sunburn and more deadly. Iran has alot of these weapons. The aircraft carrier is vunerable to these weapons.

Tue, 12/13/2011 - 15:18 | 1975156 Weimar Ben Bernanke
Weimar Ben Bernanke's picture

The Hawkeye early warning platform and satellites would give the battle group plenty of time to prepare for the Sunburn armed cruiser/destoyer. Also, American carrier battlegroups have 1 to 2 nuclear attack submarines that could be dispatched way ahead of time to deal with the surface ship.

If somehow the enemy surface action group came within a few hundred miles of the US battle group, 10 to 20 F-18's carrying 2 to 4 Harpoon anti-ship missiles each could be guided by the Hawkeye to make "light work" out of the enemy. If somehow a Sunburn was launched before the enemy ships were destroyed, the US battle group has 3 to 5 Aegis cruisers/destroyers that were designed to shoot down massed anti-ship missile attacks. Then of course there is the last ditch close in weapon systems and chaff/decoys the carrier could deploy.

 

The Navy is not worried about the sunbrn anymore. It is the Yakhont P-800 they are worried about. It is much more faster then the sunburn and more deadly. Iran has alot of these weapons. The aircraft carrier is vunerable to these weapons.

Tue, 12/13/2011 - 12:59 | 1974487 High Plains Drifter
High Plains Drifter's picture

http://en.wikipedia.org/wiki/Scramjet

 

both the americans and the russians have been working on this ........ 

 

the american version is different than the russian version in that ,they envision a different type of deployment and usage etc.........

 

isn't it nice to know that despite the united states  being financially in the hole. we still are able to continue on in the area of the "department of defense"  ?

 

in a word, this missile is bad to the bone............

Tue, 12/13/2011 - 14:07 | 1974795 Iwanttoknow
Iwanttoknow's picture

I'm guessing that he is referring to Moskit aka sunburn.Google it.

Tue, 12/13/2011 - 14:31 | 1974916 LFMayor
LFMayor's picture

well, surely it will perform better than the Foxbat, or the T72 /sarc off.  A lot of their superweapons have been really overhyped through the years and Russian ideas on quality control and maintenance aren't exatly the cats ass.

No complaints about their small arms though. That they've understood for a while now.

Tue, 12/13/2011 - 11:34 | 1974013 Rakshas
Rakshas's picture

New meet old - Airburst this Mofo

better bring your sunblock biotches

 

Tue, 12/13/2011 - 11:07 | 1973832 americanspirit
americanspirit's picture

You really ought to put quotes around your posting and attribute to the source.

Tue, 12/13/2011 - 10:57 | 1973760 AccreditedEYE
AccreditedEYE's picture

Stupid Equity algos have not computed what this means for equities... stuck on their stupid risk-asset correlation trade setting... haha

Tue, 12/13/2011 - 10:56 | 1973761 MFL8240
MFL8240's picture

Here comes another war, this is exactly why the liar in chief anounced the Iraq pullout to prepare the country for war number 4 on his watch.  Get this man out of office he is crazy!

Tue, 12/13/2011 - 11:01 | 1973796 MarcusLCrassus
MarcusLCrassus's picture

Yeah, Sarah Palin is much saner. 

Tue, 12/13/2011 - 11:07 | 1973829 j0nx
j0nx's picture

What does your comment have to do with anything? Way to politicize shit out of the blue for no reason.

Tue, 12/13/2011 - 11:07 | 1973840 MFL8240
MFL8240's picture

Is she President? Hardon.

Tue, 12/13/2011 - 11:17 | 1973901 DaveyJones
DaveyJones's picture

they are all nuts. see economy, energy policy and last few decades

Tue, 12/13/2011 - 11:51 | 1974112 DaveyJones
DaveyJones's picture

I apologize to my detractors. My leaders are my savior. My leaders are my savior. My leaders are my savior

Tue, 12/13/2011 - 11:03 | 1973800 EscapeKey
EscapeKey's picture

Yes, John "Bomb Bomb Bomb Iran" McCain would have been the much wiser choice.

Wake the fuck up. Both candidates are controlled by Wall Street. The corporate media are desperate to put any - ANY - contender in front of Ron Paul, as he's the only real alternative.

Newt Gingrich? Jeez. That man has more baggage than Beyonce going for a 3-day spa treatment.

Tue, 12/13/2011 - 11:20 | 1973928 pods
pods's picture

I think it is illustrative of where we are now when the former frontrunner, who was a member of the FED, is replaced by a man who defines regulatory capture.  

Most are worried about where he was sticking his thing, as opposed to receiving millions to consult a fascist public-private partnership.

But many will line up to get their "I voted" stickers to feel like they actually have a say in where the nation is going.

pods

Tue, 12/13/2011 - 11:36 | 1974044 kridkrid
kridkrid's picture

Preach it!  What a remarkable run of front runners (add Perry to the mix).  This fiction is a real page turner.  It's very much in the "reality TV" genre.  Sort of scripted, sort of unscripted.  The producers know where the show ultimately needs to go, they toss in a handful of survival challenges along the way, and win no matter what the outcome.

Tue, 12/13/2011 - 11:59 | 1973934 DaveyJones
DaveyJones's picture

literal or figurative? baggage that is

Tue, 12/13/2011 - 11:02 | 1973805 Dr. Engali
Dr. Engali's picture

Shit is it only number four? I've lost track I noticed an Obamanoid was quick to junk you. The reallity of who he is must be tearing them apart,but they will defend this fucker to the end. Just like tha assholes who died in the bunker with Hitler.

Tue, 12/13/2011 - 11:04 | 1973817 EscapeKey
EscapeKey's picture

I see you subscribe to the right wing of the Wall Street party's propaganda.

I shall refrain from publicly mocking you. This time.

Tue, 12/13/2011 - 11:13 | 1973873 Dr. Engali
Dr. Engali's picture

I see that you clearly are incapable of independent thought. If you have read any posting of mine in the past then you would realize just how ignorant your comment is. But I don't suspect that anybody of your ilk is capable of doing any research. So I will spell it out for you. I will go slowly so you can keep up. I.....do..... not  support   anybody  that  the   establishment is  trying  to  push  on us..... They   are   all  the  same.   I  did   not   support    Bush   nor   do   support   this   lying   fucker...... Understand? Or are my words to big for you?

Tue, 12/13/2011 - 11:13 | 1973882 EscapeKey
EscapeKey's picture

Original and independent thought?

" I noticed an Obamanoid "

Yes, this statement indicates a high level of both on your part.

Tue, 12/13/2011 - 11:17 | 1973907 Dr. Engali
Dr. Engali's picture

Yes dim wit just as the Bush backers or Bush whackers all fall in the same camp. Blind suporters of anybody are ignorant in my book. Now go back to your mommy's basement.

Tue, 12/13/2011 - 11:23 | 1973942 EscapeKey
EscapeKey's picture

Ok fair's fair, apologies. Perhaps I was a bit quick off the mark, as my brain connects the word "Obamanoid" or "Obamatron" or similars with dim-witted responses of "Independent" (aka GOP) voters on public forums.

And technically, it's my dad's basement. But I prefer to refer to is as my "Command HQ".

Tue, 12/13/2011 - 11:27 | 1973986 Dr. Engali
Dr. Engali's picture

Well fight club began in a basement. That is what this forum is for. No better way to get a clearer understanding of where another person is coming from than a good fight. Apology excepted and I would like to extend my apologies to you.

Tue, 12/13/2011 - 11:35 | 1974042 tarsubil
tarsubil's picture

Guys, guys, the fight is out there! Can't you see! Out there!

I wish I would have posted this before you made up and got all kissy kissy.

Tue, 12/13/2011 - 11:43 | 1974077 EscapeKey
EscapeKey's picture

You can't fight in here! This is a war room!

Tue, 12/13/2011 - 11:45 | 1974083 Dr. Engali
Dr. Engali's picture

Third rule of fight club is somebody yells stop the fight is over.

Tue, 12/13/2011 - 11:12 | 1973879 GhostfaceCracka
GhostfaceCracka's picture

You go girl!

Nothing he said wasn't true and being anti-Obama doesn't make him right wing and definitely not a GOPer. Clearly the truth of who Obama is also is tearing you up inside, which is why you lash out with dumb comments.

Tue, 12/13/2011 - 11:17 | 1973904 Savvy
Savvy's picture

A lot of those troops are (rumored to be) in Jordan on the Syrian border.

Tue, 12/13/2011 - 11:37 | 1974050 High Plains Drifter
High Plains Drifter's picture

yep. they are pulling out of iraq and moving to jordan.   support the troops you say?  fuck that.   if they don't stop what they are doing by now, they never will, therefore they knowingly are complicit in this deceit and knowingly and fully cooperate, against the oaths that they spoke with their very mouths. the troops are the enemy of the american people......

Tue, 12/13/2011 - 12:59 | 1974490 g speed
g speed's picture

Pleezze most of these poor confused children are shitting their pants and hoping to make it home to cash in on the education benifits the recruiter lied to them about. Its the parents that signed them in that should lose a arm, leg, or their life. A pox on anyone who would let their kids believe a recruiter

Tue, 12/13/2011 - 10:56 | 1973762 azzhatter
azzhatter's picture

Looks like my jockey shorts at 6AM

Tue, 12/13/2011 - 10:57 | 1973765 Dave Thomas
Dave Thomas's picture

Shucks, and I only layed away a few packs of hotdogs for the end of the world.

Tue, 12/13/2011 - 11:05 | 1973815 moonstears
moonstears's picture
  1. I really laughed at that, dave, thx! Guess it's justa funny take on some of the doomer stuff I read frequently, while learning 'bout metals.
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