• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Thanksgiving Tally: Lunatics And Hacks Win As Gold Up 19.3% YTD; S&P Down 7.5%

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Wed, 11/23/2011 - 17:12 | 1908358 terryfuckwit
terryfuckwit's picture

no 1 fuckwit

 

Wed, 11/23/2011 - 17:25 | 1908413 MillionDollarBonus_
MillionDollarBonus_'s picture

How is it fair that redneck doomers should be rewarded for simply sitting around watching nascar while they ’stack’ their precious metals, while hardworking and innocent investors lose money in equities. This is clearly not fair, and it’s time we stood up to these self-important pigs who constantly boast about their inflated and obscene profits. I would strongly urge the Obama administration to introduce an ‘equal opportunity in investments’ policy to tax windfall gains in the precious metals sectors and use the proceeds to compensate unfortunate equity investors.

Wed, 11/23/2011 - 17:25 | 1908423 GeneMarchbanks
GeneMarchbanks's picture

Good one.

Wed, 11/23/2011 - 17:38 | 1908485 redpill
redpill's picture

I object, I am not a hack or a lunatic. I'm just a traditionalist with a barbaric fancy for shiny inedibles.

Wed, 11/23/2011 - 17:45 | 1908529 GeneMarchbanks
GeneMarchbanks's picture

My apologies. Didn't take my redpill recently.

Wed, 11/23/2011 - 18:36 | 1908696 clymer
clymer's picture

Aaaahhh, MDB.. Your expertise at trolling is unmatched.

Have a terrible holiday

 

Wed, 11/23/2011 - 21:31 | 1909099 phyuckyiu
phyuckyiu's picture

I thought the 'equal opportunities in investment act' was a little too over the top, otherwise some top quality trolling as always.

Thu, 11/24/2011 - 09:58 | 1910376 Thomas
Thomas's picture

mdb is the King of Trolls. He keeps the real ones out by filling the niche.

Wed, 11/23/2011 - 19:02 | 1908772 Stack Trace
Stack Trace's picture

Stay in your dreamworld while sucking on recycled waste in the real.

I prefer eating lobster and juicy steaks from the wealth my gold preserves.

Wed, 11/23/2011 - 17:45 | 1908533 DCFusor
DCFusor's picture

One of your better lines, red.

Wed, 11/23/2011 - 17:48 | 1908539 Caviar Emptor
Caviar Emptor's picture

I bought my gold purely cause I'm into metal, man. I thought it was a tribal thing. Guess it was my Texas Tea moment. 

 

Wed, 11/23/2011 - 23:36 | 1909348 Urban Roman
Urban Roman's picture

A barbarous relic is just one oxidation step lower than a barbaric relic.

Thu, 11/24/2011 - 02:33 | 1909826 akak
akak's picture

Funniest comment on ZeroHedge EVER!!!

+ 6.02 E23

Thu, 11/24/2011 - 09:59 | 1910382 Thomas
Thomas's picture

Saw a comment one day in which it was called the "barbequed relic". Couldn't tell if it was intentional or not.

Wed, 11/23/2011 - 17:56 | 1908571 Peterpaul
Peterpaul's picture

I know of a man who has truly straddled the barbarous - he has stacks and his wife wears 24k solid gold jewelry (either way he's covered.)

Wed, 11/23/2011 - 18:18 | 1908630 jdelano
jdelano's picture

And don't forget those of us who had the temerity To stick with our puts and shorts and dca all the way up and are now solidly in the green on trades that should have blown up in our faces.... Iow, me bitchez! Happy thanksgiving, I'm going straight for the veuve isle : )

Wed, 11/23/2011 - 20:01 | 1908905 I think I need ...
I think I need to buy a gun's picture

i didn't get my sun microsystems windfall redistribution when i was holding gold back in 2000. Please pay back tax million dollar bonus

Wed, 11/23/2011 - 21:05 | 1909027 bernorange
bernorange's picture

Some people connote "gold bug" as an epithet.  I embrace it.  In fact, I hold up the cockroach as a more specific symbol for the term.  The cockroach is an amazing and adaptable creature.  It endures in the harshest of environments.  It will survive long after humans (and sheep) are extinct.

www.pmbug.com

Wed, 11/23/2011 - 23:41 | 1909359 Snidley Whipsnae
Snidley Whipsnae's picture

It's a bit surprising that MDB received 25 positive votes for his diatribe. There must be more troll support than usual... Maybe it's a Thanksgiving thing?... Or, maybe his positive votes are for humor?

On the one hand MDB seems to believe in the equities markets and capitalism... On the other hand he abandons capitalism when his equities portfolio heads south... and, like any other azz hat banker he wants a socialist bail out from those that are holding PMs.

MDB... is your portfolio having a crisis of capitalism, or one of socialism...and, would you know the difference?

HAPPY TURKEY DAY TO ALL... Mmmmm GOLDEN oven baked turkey... and it's edible!

Thu, 11/24/2011 - 10:00 | 1910384 Thomas
Thomas's picture

He's not a sadist but rather a satirist.

Wed, 11/23/2011 - 17:27 | 1908434 WestVillageIdiot
WestVillageIdiot's picture

I would also urge Mr. Obama to applaud the blatant racism that took place on the Jimmy Fallon show, which was aimed at Michelle Bachmann.  That is the leadership we need in this country.  We need to reward the racism aimed properly against white people like that exhibited on Jimmy Fallon's show.  That will teach those NASCAR rednecks to boo the fine first lady. 

Wed, 11/23/2011 - 21:18 | 1908990 baby_BLYTHE
baby_BLYTHE's picture

WORLD WIDE WHITE PRIDE, baby! where is the Congressional White Caucus? Where is the so-called 'equality' the progressive-left always screams about?

Wed, 11/23/2011 - 22:11 | 1909182 trav7777
trav7777's picture

when do we get a UFC HW champ with "White Pride" tattooed across his chest?

We have cities getting sued by white firefighters who passed the test then got passed OVER for promotion that was based on the test.

"More diversity" always means more blacks even if their representation is already far in excess of their share of the population.  And it leads to Detroit or Zimbabwe, as night follows day.  Show me one fucking counterexample in all of history.

We can't nurture out nature.

Thu, 11/24/2011 - 00:01 | 1909405 baby_BLYTHE
baby_BLYTHE's picture

maybe I took a few too many hits out of my friend's bong tonight, but it seems you and I see eye-to-eye on this. Every Founding Father I look at comparatively seems to resemble one-another. Perhaps, although it may not yet be realized, the proverbial ethnic demographic we relate to has always been correct, despite the many interruptions. Cultural Marxism has been with us a long while. Reversion to mean is indeed a bitch. The system has failed... We're here to prove it now!

Wed, 11/23/2011 - 23:09 | 1909297 tarsubil
tarsubil's picture

Who the fuck is Jimmy Fallon? When did he get a TV show?

Wed, 11/23/2011 - 17:28 | 1908438 topcallingtroll
topcallingtroll's picture

Yes indeed.

It is important that the government use its powers to promote equality and a level playing field.

We should not allow such inequality to exist

Wed, 11/23/2011 - 17:49 | 1908549 Caviar Emptor
Caviar Emptor's picture

During these holidays, we need to be reminded of those less fortunate than ourselves: the globalist fiat overlords of the banking cartel. 

Wed, 11/23/2011 - 18:40 | 1908712 clymer
clymer's picture

Nouriel: "Gold is not relevant. Just ask bernanke and keynes."

Aaron: "What about James Rickards? What about the 10 year chart?"

Nouriel: "Only lunatics and hacks pay attention to charts."

Aaron: "..bbbut but but.."

Nouriel: "ENOUGH"

 

Wed, 11/23/2011 - 22:14 | 1909185 trav7777
trav7777's picture

so you are opposed to affirmative action, then, and all the other racial set-asides and quotas that maintain this "white privilege"?

Wed, 11/23/2011 - 23:00 | 1909244 TrulyBelieving
TrulyBelieving's picture

What if we had a system that relied on the best person qualified getting the position.    Nah, wouldn't work. Let's just keep dividing people up into groups; ethnic, religious, sex, age, etc.  This way everyone knows their place and the division and envy can continue.

Wed, 11/23/2011 - 23:40 | 1909344 Pegasus Muse
Pegasus Muse's picture

"..promote equality and a level playing field."

Since you metioned playing field, the NBA is in dire need of Affirmative Action.  There's not nearly enough diversity.  And the NFL is discriminatory in its hiring practices.    

Wed, 11/23/2011 - 17:28 | 1908441 tmosley
tmosley's picture

Fine by me.  Just discourages people from buying dollars with hard currency.

Wed, 11/23/2011 - 17:29 | 1908442 LoneStarHog
LoneStarHog's picture

Would a large donation of brass & lead suffice?

Wed, 11/23/2011 - 17:37 | 1908483 lemonobrien
lemonobrien's picture

thats cause redknecks is simpletons ans they derive everything back to its singularity... and da maths not too complex when you figure infinite growth is confined to a finite momma earths; golds.

city folks is different. complex, running around doing nothing, saying a lot; always selling, always hustlin. Dey have to give their money to people who talk complex promising a lot, delivering nothing, so they can run around with dreams in their head.

 

http://www.youtube.com/watch?v=I4s0nzsU1Wg

Wed, 11/23/2011 - 17:39 | 1908498 SHEEPFUKKER
SHEEPFUKKER's picture

surely you jest.  

Wed, 11/23/2011 - 18:08 | 1908609 Whalley World
Whalley World's picture

In order to "bozo proof" yourself, you should state when you are being sarcastic.  If you are not kidding, then forget it bozo.

Wed, 11/23/2011 - 21:45 | 1909127 Blano
Blano's picture

It's all sarcasm, dude (dudette).

Wed, 11/23/2011 - 18:55 | 1908747 X Yooper
X Yooper's picture

Sorry, sweetie, you blew your cover with this post.

Wed, 11/23/2011 - 19:01 | 1908765 Stack Trace
Stack Trace's picture

One word for you: DIE!

 

K, thx, l8r.

Wed, 11/23/2011 - 20:16 | 1908931 Hulk
Hulk's picture

LOL !!!

Wed, 11/23/2011 - 21:46 | 1909119 Blano
Blano's picture

MDB, much better than other recent efforts.

Wed, 11/23/2011 - 22:21 | 1909201 trav7777
trav7777's picture

Yes, but equity investors are disproportionately white.

Therefore any taxation should be given back to minorities who built this country, such as blacks and illegal mexicans who've arrived here in the past 10 years or so.

I mean, we owe a lot to these groups, we owe the traffic light to Garrett Morgan who invented it 10 years after it was already in Cleveland and was like the 60th patent for it.  White people traveled back in time to steal his inventions, including the wheel and the written word and the transistor.

Until the playing field is leveled once and for all, all the affirmative action in education and government hiring, as well as racial set-asides in gov't contracting, scholarships, and welfare will do nothing more than maintain the white privilege that is experienced in superior outcome in working, invention, education, investing, saving, maintaining civilization, and sticking around after the baby is born.

Thu, 11/24/2011 - 09:47 | 1910357 Phaethon
Phaethon's picture

I'd say their greatest invention has been peanut butter.  And --- I'm not going to lie --- I heard a great deal about this accomplishment during my formative years in government school.

Wed, 11/23/2011 - 23:06 | 1909288 Uncle Sugar
Uncle Sugar's picture

MDB, I believe you are RoboTrader and this is your 'therapy' avatar. Your posts are douchelicious.

Thu, 11/24/2011 - 03:37 | 1909934 Gief Gold Plox
Gief Gold Plox's picture

I hereby retract my rule of junking your posts before reading them and offer my sincere apology for being so careless as to miss the subtle sarcasm. I sir, applaud you.

It was the phrases "hardworking and innocent investors" and "equal investment opportunity" that won me over.

Thu, 11/24/2011 - 10:07 | 1910396 knukles
knukles's picture

My you choke to death on your fucking holiday dinner.

Wed, 11/23/2011 - 17:30 | 1908447 candyman
candyman's picture

Great close, this roller coaster is going straight down like this, (Sommerrodelbahn, Mieders, Austria)

 http://www.youtube.com/watch?feature=player_embedded&v=iqCkICXWdWI

 

 

 

 

 

 

Wed, 11/23/2011 - 22:53 | 1909267 covert
covert's picture

nothing new here.

http://expose2.wordpress.com

 

Wed, 11/23/2011 - 17:13 | 1908361 rambler6421
rambler6421's picture

That makes me a lunatic.

 

libertarian86.blogspot.com

Wed, 11/23/2011 - 17:15 | 1908371 GeneMarchbanks
GeneMarchbanks's picture

Then I must be the hack.

Speaking of hacks, somebody took a hack at that bullshit ramp in the last five minutes...

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