• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Market Reaction? 30 Year Just Hit 3.99% As Stock Selloff Accelerates, Gold At All Time Record, Swiss Franc Flash Smashes

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Tue, 08/02/2011 - 12:47 | 1517130 Ahmeexnal
Ahmeexnal's picture

only the sheeple think the "deal" was a good thing

Tue, 08/02/2011 - 12:54 | 1517190 the mad hatter
the mad hatter's picture

short the next bounce/retest of 200 and 50 DMAs of the major indices (SPX 1285, 1300). wall st wants QE3 and the only justification wiill be through holding 401ks hostage

Tue, 08/02/2011 - 13:35 | 1517407 slaughterer
slaughterer's picture

People are forgetting: tomorrow is the better-than-expected 200,000 ADP read.  (Remember last month). 

Tue, 08/02/2011 - 14:15 | 1517594 Xibalba
Xibalba's picture

if you were gonna go short the long bond, now looks like a good time to scale in.

Tue, 08/02/2011 - 21:04 | 1519181 max2205
max2205's picture

Prepare for increased and desperate fooling with the next few months of economic reports

Tue, 08/02/2011 - 14:10 | 1517540 BaBaBouy
BaBaBouy's picture


Gold just hit a new high in USD fiats, and also in most other major Fiats ...


GoldToTheMoon ...


Most ASIANS have been buying hand-and-fist for years, and are riding high.


Its too bad that most AMERICANS have not, having been Dumbed down by their mainstream media and WALL STREETERS...


Is USA now heading the way of SPAIN / ITALY / GREECE ???


Tue, 08/02/2011 - 12:58 | 1517211 InconvenientCou...
InconvenientCounterParty's picture


The "sheeple" are conditioned to force complex issues into a binary of (good/bad) and my favorite (us/them).

Let me save you the trouble of replying... I am obviously "bad" and one of "them"

Tue, 08/02/2011 - 13:31 | 1517384 Sudden Debt
Sudden Debt's picture

We don't label here remember?

Just like I a PM freak.

Some would say I'm betting against the system, BUT I DON'T!!! I'M JUST A SPECULATOR AND A COLLECTOR IF IT SUITS ME!

Tue, 08/02/2011 - 14:25 | 1517644 Leanin_Left
Leanin_Left's picture

Agreed.  Complex issues are easily retooled as good/bad binary when they are presented on an emotional playing field instead of a factual one.  We can see it on MSM every day

Tue, 08/02/2011 - 12:58 | 1517215 Sudden Debt
Sudden Debt's picture

I like to eat lambmeat. Especially on the grill with a lot of spicebutter H H HMMMMmmmm!

Tue, 08/02/2011 - 13:22 | 1517331 djsmps
djsmps's picture

Last night, I had lamb chops stuffed with garlic, marinated and then cooked in a red wine, yogurt sauce with basil and rosemary.  But I miss all the Casey Anthony news.

Tue, 08/02/2011 - 13:37 | 1517418 Yen Cross
Yen Cross's picture

  Thanks for the visual..  Yes I'm jealous...  I have 2 stumps and a bloody key board for proof...!

Tue, 08/02/2011 - 14:44 | 1517723 Sheba Poe
Sheba Poe's picture

Casey is at the Menninger clinic in Houston. Her parents are en route. Judge Strickland, who presided over her check fraud case, issued an order for her to serve one year of probation in Orlando. Her defense team is contesting it.

Now you're up to speed.

Tue, 08/02/2011 - 12:58 | 1517216 BaBaBouy
BaBaBouy's picture


Good For Gold ...


GoldToTheMoon ...

Tue, 08/02/2011 - 13:18 | 1517308 cara leaf
cara leaf's picture

More insurrection @  http://carolelieffthecuriouscapitalist.c

March, 2006. 

Bet he wishes no one found this one ...

“The fact that we are here today to debate raising America ’s debt limit is a sign of leadership failure. It is a sign that our government can’t pay its own bills...that we  depend on ongoing financial assistance from foreign countries to pay for our government’s reckless...policies.  Leadership means ‘the buck stops here.’  Instead our Congressmen and Senators shift an overwhelming burden of their bad choices onto the backs of our innocent children and grandchildren. Americans deserve better. I will oppose all efforts to increase America's debt limit.”

-Sen. Barack Obama, D-Ill.

Speech on Senate floor on his decision to vote against raising the debt ceiling during the Bush Administration.

Tue, 08/02/2011 - 13:25 | 1517348 dbach
dbach's picture

I don't know why that wasn't shoved in his face in this debate. Or if it was I missed it. Either way, it shows the relativist nature of our politicians.

Tue, 08/02/2011 - 13:50 | 1517479 pazmaker
pazmaker's picture

Marco Rubio read that qoute on the senate floor along with a few others.   It doesn't matter......Biden has said it as well as pelosi and a mile long list of republicans.


They are all snakes!!!



Tue, 08/02/2011 - 13:32 | 1517391 Spastica Rex
Spastica Rex's picture

My blood pressure hates you.

Tue, 08/02/2011 - 13:20 | 1517322 jus_lite_reading
jus_lite_reading's picture


Only the sheeple...

think the economy had a recovery

think the stock market is an indicator of the real economy

think Obamao is doing a good job

think everything will come back to normal eventually

think following their favorite celebrities is more important than doing DD

Tue, 08/02/2011 - 13:30 | 1517374 There is No Spoon
There is No Spoon's picture

the sheeple are being underestimated here. Who thinks obama's doing a good job? People know the economy is in the gutter, they don't care about the stock market, and don't have a "back to normal" outlook. The elites will be the ones caught blindsided this time since they still have a lot to lose. Everyone else is already broke.

Tue, 08/02/2011 - 14:14 | 1517585 William113
William113's picture

Down goes Frazier Down goes Frazier !!!!!!!!!!!!

Tue, 08/02/2011 - 12:48 | 1517136 zorba THE GREEK
zorba THE GREEK's picture

Dow just dipped below 12,000. No matter what Obama says, people have voiced their opinion already

Tue, 08/02/2011 - 13:19 | 1517312 UGrev
UGrev's picture

Well, there's only so many times you can scream "TANKS IN THE STREETS!!" before people give you the "What Ev's" and flip you off.. I would consider this the first of many FU's. :)

Tue, 08/02/2011 - 12:49 | 1517142 Zero Debt
Zero Debt's picture

Bernanke still thinks he can stop the deflation of nominal prices by deflating the purchasing power of the dollar.

Tue, 08/02/2011 - 13:05 | 1517241 Sancho Ponzi
Sancho Ponzi's picture

Yea, so much for the consumer led recovery. What an idiot...

Meanwhile, Timmay has a sh#tload of debt to sell, so it's time to scare everyone into bonds. 

Tue, 08/02/2011 - 13:35 | 1517411 Spastica Rex
Spastica Rex's picture

Isn't he supposed to quit now that the deal is done?

Quit Timmay, QUIT!

Tue, 08/02/2011 - 22:47 | 1519405 StychoKiller
StychoKiller's picture

Another political "promise" bites the dust! :>(

Tue, 08/02/2011 - 13:51 | 1517487 Smiddywesson
Smiddywesson's picture

No, they are not going to scare people into bonds.  That was yesterday's game.  They are going to legislate everyone into bonds. 

Tue, 08/02/2011 - 13:52 | 1517489 Smiddywesson
Smiddywesson's picture


Tue, 08/02/2011 - 12:49 | 1517143 drink or die
drink or die's picture

Dow below 12K.  Watching all these charts is more interesting right now than any movie.  Maybe I'm just a nerd though.

Tue, 08/02/2011 - 13:38 | 1517367 Dr. Richard Head
Dr. Richard Head's picture

Would rather be a nerd than to be a sheep.  Fucking idiots that follow "reality television" are missing the best reality TV debt can buy - the demise of the US.

If Joe Six Pack can't have the message of dollar debasement understood from a cheerleader shaking her ass at a football game, he doesn't want to hear it.  Let them bleed as far as I am concerned, along with the House of Wall Street Representative.

Tue, 08/02/2011 - 12:49 | 1517144 Cassandra Syndrome
Cassandra Syndrome's picture

But, But Jim Cramer said this morning that everything is AOK, say it aint so Tyler, sayu it aint so.....

Tue, 08/02/2011 - 13:04 | 1517232 Cortez
Cortez's picture

I'm gonna be rich listening to the advice of Cramerica. /sarc

Tue, 08/02/2011 - 13:26 | 1517354 wisefool
wisefool's picture


Cramer tries to help you make money.

Kramer invests in gold for his charitable trust. you could probably get a job there, where they write off a healthy expsense account, company vehicle, nice office, admin, etc. All tax free. 10 weeks of vacation. When you are working, you would be taking the profits of his shrewd gold investments and giving them to some poor person which will make you feel good about yourself.

"wealth" is what the tax code tells you it is. and thats why his charitable trust makes a ton of money on gold.

Q.E.D. Ben, I am ready to take over. - wisefool PhD university of CNBC. Masters in Sociology, from other MSM outlets. 

Tue, 08/02/2011 - 13:39 | 1517425 optimator
optimator's picture

Don't forget hiring all your relatives at great salaries to "manage" the trust.  Money is like incest, it's best kept in the family.

Tue, 08/02/2011 - 13:47 | 1517462 Rodent Freikorps
Rodent Freikorps's picture

How is that different for nearly every other NGO?

They are all frauds. If they ever fixed any problems, they'd have to get a job.

Tue, 08/02/2011 - 12:49 | 1517149 fuu
fuu's picture


Tue, 08/02/2011 - 12:50 | 1517150 lubyanka
lubyanka's picture

What just happened to the CHF? Both against USD and EUR

Tue, 08/02/2011 - 13:03 | 1517229 Ahmeexnal
Ahmeexnal's picture

CHF to the moon?

Tue, 08/02/2011 - 13:08 | 1517251 swissaustrian
swissaustrian's picture


Fiat backed by 250 billion $ in fx reserves (USD + EUR). Who wants to own that?

Buy gold!

Tue, 08/02/2011 - 13:22 | 1517301 Hedgetard55
Hedgetard55's picture

Backed by Nestle's chocolate bars, better than gold.

Tue, 08/02/2011 - 12:50 | 1517151 tickertapeguide
tickertapeguide's picture

Time to roll outa equities and into T's and cash...

Tue, 08/02/2011 - 12:50 | 1517154 Debtless
Debtless's picture

and gold looks down on it all from a slightly higher view. 

Tue, 08/02/2011 - 12:51 | 1517158 mayhem_korner
mayhem_korner's picture

Products of colon, meet westinghouse blades.

Tue, 08/02/2011 - 13:52 | 1517492 Rodent Freikorps
Rodent Freikorps's picture

Just wait. Any minute congress will vote to give GE a trillion dollars to develop a shit cannon. A refuse railgun?

A continental fertilizer distribution delivery device. Or incontenent. We do have a lot of very old people. Win/win.

Tue, 08/02/2011 - 12:51 | 1517163 ZeroPower
ZeroPower's picture


Tue, 08/02/2011 - 13:04 | 1517234 Goatboy
Goatboy's picture

Specially if you have mortgage tied to it.

Tue, 08/02/2011 - 12:51 | 1517166 BORT
BORT's picture

Doesn't The Gov want people into Bonds right now to soak up the new supply?

Tue, 08/02/2011 - 12:52 | 1517169 Arch Duke Ferdinand
Arch Duke Ferdinand's picture

""August Crisis in Italy and Spain""
"It is far from clear that the international order is more secure today than it was in the seemingly calm days of May 1931..."


OT: 2 minute hilarious video...


Tue, 08/02/2011 - 12:52 | 1517170 joemayo
joemayo's picture

Over and over again:

"If we don't do this [blank] then you will all be ruined."



"Okay, now that we got what we wanted...Surpise! You're still ruined!"


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