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Gold 1791... btfd...
Go Benny Go!
If QE3 is the worst possible outcome - does that make it assured?
Throw GrandMa under the bus...what other alternative is there in the medium to long term run?
Doesn't appear to be one of the more spectacular weekends to hold long over. Today is pivotal. Problem is it's usually the day after dingdong speaks that reverses and combined with the hurricane.......I think ill be concentrating on beer drinking. It's ok, if we miss a rally it just means another shorting opportunity is in the works.
Assured mutual destruction, drop the Bernanke Money bomb
how long can they wait for more QE, really, Obama 2012 and all
How many times do I have to keep refreshing the page to see the cute asian girl ad again?
Germany stock market down 25% this month...and no change in the Euro USD trade...very wierd...
"its the end of the world as we know it...and i feeeel fiiiine."
Here's a video about the 16 trillion dollar audit of the Federal Reserve to get you ready for Jackson Hole today.
Well its Friday and its daylight so its time for a Vodka orange for breakfast (never from concentrate) I hope there is no QE3 Iam so sick of waiting for this collapse I had to add Vodka
Whatever Probanke says...the top-down view indicates (to those at the top) the banking putsch is complete.
They are financial predators, and we -- everybody whose net worth is less than eight figures -- are their prey. Since they can't literally eat us alive instead they eat our money, our livelihood, our hopes, and our dreams.
While this group isn't exclusively bankers, and all bankers don't fit into this category, predators seem to be more common in consumer banking than elsewhere. Thanks to a combination of corruption, ignorance, and incompetence, their supporters have done a great job keeping them alive.
The US is in a dark place, where the absolutely most reckless, irresponsible bankers -- who made the most reckless, irresponsible decisions -- are receiving massive government subsidies. The price tag will be picked up by future generations.
That is, we are collectively putting our children into deep hoc lest bankers suffer the sting of a firm slap by the invisible hand, all the while whining that the free market continues to function.
Bankers, along with their supporters in government, tried to portray the interests of Wall St. and Main St. aligned. They aren't. There hasn't been a "class war" from the middle class towards the rich, but there's been a ferocious one the other direction.
They're fighting you. It's not because they don't like you -- some are crazed sociopaths, but most aren't .. it's just a game to them. They're playing to win; you don't even know the game is on, much less the rules.
Take heart. Slowly but surely Main St. is fighting back. They have the money but we have the numbers.
Rogue Foreclosure Mill Harmon Law at it again.
This time the wild and crazy bunch attempts to defy an Order to Stay by a Federal Judge.
I hope every one has insurance policy for Hurricane Ben
Benny and Jack Hole are forever linked in my mind as one.
We have a sinking economy living on credit, not production, borrowing money, not making money.
Regardless of what Bernanke says, currency printing (and resulting inflation) is the picture going forward.
Even if the US dollar is the world reserve currency, living on borrowed money created out of thin air can't go on forever. Eventually debt gets so huge and the currency gets so diluted people just lose confidence in it.
It's called currency collapse. Loss of confidence in the currency.
Bernanke can't control that. He can't control people's confidence in the value of the currency. The more he prints, the greater the risk of currency collapse.
Gold is the best barometer of confidence in the currency. When confidence in the currency collapses, gold price skyrockets.
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