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sounds like a totally idiotic strategy in a meltdown.
On a long enough timeline the survival rate for derivativs drops to zero
Carl Orff's ~ O Fortuna sounds great in the background.
Drowns out the war-drums a little. There still there ya just can't hear 'em.
Nice choice. That might be the theme music for the age, I'm afraid.
Here is the YouTube version of the above Mark Faber video, here in Europe it plays better than the version at the above link:
Marc Faber Predictions for 2012. 'They're gonna print money'
+1 .. First thing I did when the clip started buffering excessively was seek out the original.
I'd like to see Faber vs Roubini in a full-on, MMA-style cage match.
Preferably, to the death.
Yes. I'm assuming that Faber would beat the living daylights out of him.
+ 1, + 1, + 1
Visualizing Roubini getting his butt kicked by Faber...
How about a Battle Royale with- Roubini, Faber, Celente, AEP, Reggie Middleton, Bruce Krasting, and Mohamed El-Erian.
el-erian would fight like a girl...
If Celente is in the cage then we MUST have Jon Corzine in there too. Wheeee !
Corzine would just turn around, bend over and grab his ankles...
Middleton clearly has a reach advantage.
Roubini would lose, and go home crying, weeping and cuddling up next to his vagina-shaped indentations on his apartment wall -
Soooooomeone has mommy issues --- Nouriel!
Awesome link, you guys got to see this. Some are missionary and some are doggy-style.
That dude is weird.
Did somebody say dog...
Woof, I think so. - scooby doo voice.
douchebags, and vaginas go together
V shaped recovery?
"sewed together dope bag sculpture" Wonder what he paid for that? More interesting than the tacos.........
Talking about vulvas, Dr. Faber is a little cowed by the smokin blonde, and she's really grossed out about him.
Plaster poons...Roubini is a stone cold freak. This guy is starting to call to mind one of Dr. Lecter's patients, replete with ceiling sling and poppers.
Vulvas of Doom!!!...oh man I swear...lol.
Wasn't than a 'Conan the Destroyer' character?
No, that's me. Snake-cult-orgies are my thing.
Double-billed with Celente vs. Corzine.
Problem is, how do you go about keeping Roubini and Corzine from cheating?
celente is so mad he'd rip off his head and shit down his neck...
I heard Celente knows some form of martial arts too, I think he has the advantage
Marc Faber made Chuck Norris shave.
Loser takes all battle.
Faber used to do German porn flicks...not a lot of people know that. He was definitely in one i watched the other night, its either him or his brother, that ponytail was flailing around the screen like a mad stote.
No, it is "you're insane".
Oh yeah, why do I drive in a parkway but I park in a driveway? This grammar shit is fucking my head up.
no... that's an entirely different video
Long Sperma-Spritz-Spektakel Bitchez!
I think Corzine should be the new Betty.
Yes, if there is any justice left in this world...
From vulvas to pony tails in the blink of an eye...taint nuthin to it.
Only on ZH...lol.
Faber used to do German porn flicks...not a lot of people know that.
Faber used to do German porn flicks...not a lot of people know that.
Faber was the original Master Costello.
Faber is known around Europe as Ze Swiss Hedgehog.
Yep, I'd pay a one ounce silver maple to watch Faber destroy Roubini. But Faber's fear that governments of the world will be able to call on everybody to give up their gold is quite a stretch as far as I see it. With everything happening in the world, what with resource wars and rampant corruption, I fail to see that centralized government will be able to maintain itself as the chaos ensues and becomes widespread. I mean it's not as if the cops or the military are going to be paid or anything of that nature, and their just as liable to say fuck it and fend for themselves. With the number of narcissists, sociopaths, and psychopaths running around out there, I sincerely doubt that central control is going to run the show anymore. When this goes to where I'm thinking it's going to go, it'll become a free for all, cause nobody at the top or bottom recognizes any sort of civil authority, and few people will be left to maintain order in their own damn lives. As far as the future is concerned you're either a contributor or fodder. Gold and silver will act again as a form of barter or monetary exchange, cause I can't see the stomach of the people out there giving a shit about some bureaucrat running the show again. Just my two cents that's all.
The US successfully confiscated gold before. Maybe they didn't get all of it, but they DIDN'T NEED TO GET ALL OF IT.
And they know they can just as easily do the same thing today. The price of gold can't be suppressed forever, regardless of what Jamie Dimon thinks. But if the price needs to go up to, say, $20,000/oz for "whatever reason", you don't think they would let peons like us see those gains do you?
And why not?
Here is a thought experiment for ya: one (1) US$ 20 gold coin is almost... one troy ounce in weight.
By your calculation, that would mean that one (1) US$ 20 coin would be worth US$ 20,000.
Now, here is my question: how hard is it to hide one freaking gold coin. Let me rephrase that: ONE FREAKING GOLD COIN!! Have you even seen a US$20 Gold Eagle. Very pretty coin. Surprisingly small. According to your calculations, 50 of those coins would be worth a tidy US$ 1 million - and they would still be very easy to hide.
Can you see the problem now? ''They'' (for different values of ''They'') can't seize all the freaking coins in the US of A. When all it takes is a garden, a shovel and a plastic box to safeguard enough coins to make a killing, you can bet a lot and a lot of people are going to start digging, pronto, if they haven't done so already. Confiscation of every Gold coin is simply impossible - which is why they are AFRAID of gold!
Now, on the other hand, they could forbid the buying and selling of Gold coins. OK, I'll buy that. But then again, all it takes is a car, and a trip to Canada, and I am sure you'll find plenty of people up north who are ready to give you (a lot of) pretty little bits of paper for your one single coin.
And if Gold gets anywhere near the price you mention, you can bet your northern neighbors will line up around the block for a chance to buy your single gold coin. Again, how hard is it to hide a single - heck, a dozen - gold coin(s) in a whole FREAKING car made of metal? What are they going to, use X-Ray machines on your car? Good luck with that. Send sniffing dogs to pick out the smell of ... Gold? Yeah, right. Now, you see where this is going: forbid sales of Gold coins for the price you mention and a lot of people are going to ''travel'' up north once in a while. Quebec City is sooooooo nice this time of year, you know, eh?
Forbidden in Canada? What about Mexico? Slightly more dangerous, what with all the drug cartels and all that, but still possible. And let me tell you something: if they forbid buying and selling one single coin, you can bet the black market will price the coins accordingly... US$ 200,000 per one-ounce coin? Bah, humbug, 2 million bucks a coin would be more like it.
Now, can you finally understand why (a) they are afraid of Gold and (b) why it is still the best wealth insurance money can buy?
And, by the way, in the 1930s, the G-Men opened bank safes to seize the gold coins inside. With the current (zombie) state of most banks and slight problems like MF Global, what is your Gold doing in a safe anyway?
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