- zombie pandemic has begun --
2bro2b, 07:01:19 11/18/09 Wed
http://www.nola.com/news/?/base/news-1/1239081731120020.xml&coll=1
To the barricades.
[Edit]
- CPI and housing starts - 08:30 --
Glyndwr, 06:46:17 11/18/09 Wed
http://www.bloomberg.com/markets/ecalendar/index.html
[Edit]
- Skinnee, you tw*t --
Iainmac, 06:43:09 11/18/09 Wed
when gold's at 1149
what do you say about that?
http://isht.comdirect.de/html/detail/main.html?hist=1d&sSym=GLD.FX1&DEBUG=0&sCat=IND&sIsin=n%2fa&sTab=bigchart&sWkn=n%2fa&type=CONNECTLINE
[Edit]
- For all the Ounces I wanted, but didn't buy... --
Glyndwr, 06:23:59 11/18/09 Wed
There's Glod futures. Cheap cover - but keep the stops long. DYODD..
[Edit]
- Glyndwr -- Iainmac, --
Glyndwr, 06:20:11 11/18/09 Wed
Responded to your Email recently, but might have been an old addy.
Lemme know if you dint receive.
[Edit]
- The perfect car for women. --
Glyndwr, 06:15:53 11/18/09 Wed
http://www.wimp.com/perfectcar/
[Edit]
- Glyndwr --
Iainmac, 06:13:58 11/18/09 Wed
One of my mates nearly stuffed up his Aussie visa application, by putting "Sons of Glyndwr" in the section that asked "have you ever been a member of a terrorist organization?"
Beer when I get back to UK?
[Edit]
- Doggerel poem. --
Glyndwr, 06:12:06 11/18/09 Wed
http://www.youtube.com/watch?v=Ta5LQ3SOQb8&NR=1
[Edit]
- Any spare gold? --
Iainmac, 06:11:29 11/18/09 Wed
Russia will buy it.....
http://www.caseyresearch.com/displayGsd.php
[Edit]
- Sliver --
Glyndwr, 06:04:30 11/18/09 Wed
Back to its 2:1 % leverage to Glod. (May it continue. You guys deserve it).
[Edit]
- Pointless family photo... -- Iainmac, --
Glyndwr, 05:58:23 11/18/09 Wed
Lol. Imagine sitting through a proud showing of the photo' albums...
[Edit]
- Two-page spread in UK tabloid today. Ooo, er... --
Glyndwr, 05:54:48 11/18/09 Wed
http://express.co.uk/posts/view/140970/The-new-golden-age
This doesn't show the 'sidebars' in the article; one of which was -
'All the gold in Fort Knox is worth about £96 Billion but according to one US Congressman it has been several decades since the Gold there was properly accounted for so it may not be there at all.' (sic on their punctuation..).
[Edit]
- Pointless family photo... --
Iainmac, 05:52:03 11/18/09 Wed

[Edit]
- sino gold- new high --
mugwump, 05:49:47 11/18/09 Wed
http://finance.yahoo.com/q/bc?s=SGX.AX
[Edit]
- als pops thru $8 --
mugwump, 05:48:46 11/18/09 Wed
http://finance.yahoo.com/q/bc?s=ALS.TO&t=6m
[Edit]
- aussie gold stocks red hot --
mugwump, 05:45:50 11/18/09 Wed
http://www.financialsense.com/fsu/editorials/charnock/2009/1116.html
[Edit]
- gold near $1150- dollar crumbling --
mugwump, 05:43:39 11/18/09 Wed
http://finance.yahoo.com/news/Gold-hits-record-near-1150oz-rb-4058235800.html?x=0&.v=1
[Edit]
- british soldiers to carry gold --
mugwump, 05:40:05 11/18/09 Wed
hey, who needs weapons??
British forces should buy off potential Taleban recruits with “bags of gold”, according to a new army field manual published yesterday."
Army tells its soldiers to ‘bribe’ the Taleban
From The Times
November 16, 2009
British forces should buy off potential Taleban recruits with “bags of gold”, according to a new army field manual published yesterday.
Army commanders should also talk to insurgent leaders with “blood on their hands” in order to hasten the end of the conflict in Afghanistan.
The edicts, which are contained in rewritten counter-insurgency guidelines, will be taught to all new army officers. They mark a strategic rethink after three years in which British and Nato forces have failed to defeat the Taleban. The manual is also a recognition that the Army’s previous doctrine for success against insurgents, which was based on the experience in Northern Ireland, is now out of date.
[Edit]
- rob mcewen and rubicon --
mugwump, 05:36:38 11/18/09 Wed
http://seekingalpha.com/article/173975-reading-the-tea-leaves-on-rubicon-s-new-drilling-program?source=yahoo
[Edit]
- louis james --
mugwump, 04:55:34 11/18/09 Wed
LJ: As we've been discussing, gold has excellent speculative potential right now because of the destruction of the dollar. If dollars lose 25%, 50% or even 75% of their current value in a few years, that's very bullish for gold. But if that happens, we'll have a lot of economic turmoil, which is the real reason to own gold. No matter what happens, gold is still going to be gold. It's the only financial asset that is not simultaneously someone else's liability. It is not a piece of paper; it's not a promise from somebody else. It's a physical thing you can hold in your hand, and if push comes to shove and you have to hop in your car and go down the street and buy food for your family, somebody will give you something for your gold because they recognize it and value it. In extremely volatile times, you want that security.
[Edit]
- china questions costs of US healthcare reform --
mugwump, 04:46:04 11/18/09 Wed
http://blogs.reuters.com/james-pethokoukis/2009/11/16/china-questions-costs-of-us-healthcare-reform/
[Edit]
- peak oil refuses to go away --
mugwump, 04:42:17 11/18/09 Wed
more IEA intrigue
http://www.theoildrum.com/node/5970#more
[Edit]
- How serendipitous that gold should become suddenly so much rarer -- mozel (), 04:31:42 11/18/09 Wed
than just a while ago ... Peak Gold everywhere ... Reserves mis-stated in South Africa ...
Repricing is in order ...... and so gold is out of the box, it's running, and it's taking no prisoners ...
Last edited by author: Wed November 18, 2009 04:38:28
Edited 1 time.
[Edit]
- Let us hope Central Fund is not revealed to be Central Tungsten Fund ... -- mozel, 04:35:58 11/18/09 Wed
[Edit]
- WSJ pushes nuclear energy --
mugwump, 04:32:03 11/18/09 Wed
http://us.rd.yahoo.com/finance/external/xbwsj/SIG=13338ll4h/*http%3A//blogs.wsj.com/financial-adviser/2009/11/17/nuclear-is-the-way-to-invest-in-clean-energy/?mod=yahoo_hs
[Edit]
- plm picks up $25 million --
mugwump, 04:30:15 11/18/09 Wed
http://finance.yahoo.com/news/PolyMet-Mining-Sells-US25-iw-856063182.html?x=0&.v=1
[Edit]
- Baltic Dry Index Roars Back --
doran, 04:29:49 11/18/09 Wed
http://mjperry.blogspot.com/2009/11/baltic-dry-index-roars-back-1025-gain.html
[Edit]
- motley fool likes gold stocks --
mugwump, 04:29:00 11/18/09 Wed
http://www.fool.com/investing/general/2009/11/17/a-banner-day-for-goldcorp.aspx
[Edit]
- gg acquisition and spinoff --
mugwump, 04:26:43 11/18/09 Wed
http://finance.yahoo.com/news/Goldcorp-Expands-in-zacks-2898342151.html?x=0&.v=1
[Edit]
- jinshan revenue and income up --
mugwump, 04:24:39 11/18/09 Wed
http://finance.yahoo.com/news/Jinshan-Announces-2009-Third-ccn-4291588273.html?x=0&.v=1
[Edit]
- franco has $5 cash/share --
mugwump, 04:22:24 11/18/09 Wed
dividends up 33%
http://seekingalpha.com/article/173493-franco-nevada-building-up-a-royalty-war-chest?source=yahoo
[Edit]
- when will gg buy trx?? --
mugwump, 04:18:03 11/18/09 Wed
http://www.mexicomike.ca/php/phpBB2/viewtopic.php?t=7712
[Edit]
- murenbeed gets more bullish --
mugwump, 04:15:31 11/18/09 Wed
http://www.miningmx.com/news/gold_and_silver/murenbeeld-gets-more-bullish.htm
[Edit]
- SA gold reserves pitiful --
mugwump, 04:13:03 11/18/09 Wed
http://www.miningmx.com/news/gold_and_silver/SA-glory-days-in-gold-at-an-end.htm
[Edit]
- SA mines closing down fast --
mugwump, 04:11:42 11/18/09 Wed
http://www.miningmx.com/news/gold_and_silver/job-cuts-wrack-sa-gold-miners.htm
[Edit]
- ipt to open another mine --
mugwump, 04:10:19 11/18/09 Wed
http://www.mexicomike.ca/php/phpBB2/viewtopic.php?t=11150&sid=efd7a41589ac5a7602021bdeacb87d0d
[Edit]
- OK Nuggets --
Iainmac, 04:03:54 11/18/09 Wed
My daughter expects to find at least a 10 ozzer!
[Edit]
- dollar resumes march to zero --
mugwump, 04:02:17 11/18/09 Wed
http://www2.barchart.com/mktcom.asp?code=BSTK
[Edit]
- I would love to find --
johnny, 03:55:17 11/18/09 Wed
.. the old never ending argument about DRD that I used to
have with the otherwise outstanding mr trotsky about the DRD operation especially blyvoor .. I recall complaining that the only worthwhile ore remaining there was in the pillars holding the roof up and of course in the miners'teeth which is difficult to get at.
[Edit]
- AARP exposed -- mozel, 03:45:11 11/18/09 Wed
http://www.wnd.com/index.php?fa=PAGE.view&pageId=115617
[Edit]
- Iainmac.........am home now...give me a ring --
Nuggets, 03:21:59 11/18/09 Wed
tonight
[Edit]
- crazytimes - The greatest danger is --
morbius, 01:50:41 11/18/09 Wed
PeakState, and that has a ways yet to go, I'm afraid.
[Edit]
- The Hardship of Life --
doran, 01:38:03 11/18/09 Wed
A dog looks sad and is reluctant to leave the spot where its owner, a homeless man, froze to death in Guangzhou, South China’s Guangdong province, November 16,
http://english.people.com.cn/90001/90782/6816397.html
[Edit]
- Devaluation: plenty of pain, not much gain --
doran, 01:31:41 11/18/09 Wed
http://blogs.telegraph.co.uk/finance/edmundconway/100001980/devaluation-plenty-of-pain-not-much-gain/?utm_source=Telegraph.co.uk&utm_medium=TD_pound&utm_campaign=finance1811
[Edit]
- -- --
Winston, 01:29:09 11/18/09 Wed
The Day the Dollar Died
by John Galt (Fla)
The following story in italics is a potential fictional time line for the day the dollar died. I hope not to instill fear or loathing but to give everyone some perspective on a POSSIBLE outcome...
0000 ET February 22, 2010
It was officially a panic. Reports on local news stations about grocery store shelves being cleaned out and ATM machines running out of money hours ago and not being refilled were broadcast nationwide. Even my local station had a story about accessing the reporter’s bank account online and all they got was a very scary message as they attempted to reach his bank’s web page: 404-NOT FOUND
http://johngaltfla.com/
[Edit]
- The Veil is lifting even more quickly than I thought it would --
crazytimes, 01:19:54 11/18/09 Wed
A new Documentary about the Israel Lobby in Britain. Of course, they have everybody bribed there too. The YouTube version of this documentary has embedding AND comments turned off. WOW, act surprised........
You wanna talk about the consequences of Peak Oil? Peak Gold? That ain't nothing. The greatest danger to the World is Peak Israel which has passed.
http://www.youtube.com/watch?v=POtk6G7q4Bw
[Edit]
- USD in ZAR --
nogtans, 01:02:14 11/18/09 Wed
nice long term chart
double top
http://www.sharechat.co.za/index.php/fa/1887/
[Edit]
- -- --
Winston, 00:31:24 11/18/09 Wed
Zogby Poll: Only 43% would vote for Obama now
1 year after election, trust in president plunging
http://www.wnd.com/index.php?fa=PAGE.view&pageId=116376
[Edit]
- @ --
MoreGold (), 00:06:12 11/18/09 Wed
...
Last edited by author: Wed November 18, 2009 00:14:42
Edited 1 time.
[Edit]
- @ WOW ... SA gold miners on final deathwatch as scientist finds gold reserves 90% less than claimed --
MoreGold, 00:13:47 11/18/09 Wed
"" Leon Esterhuizen, a London-based specialist analyst at RBC Capital Markets, has reacted to the research by saying that "South African gold is dying -- this is not new news", but adds "that it may be dying faster than we currently believe is novel". On the levels of reserves, Hartnady finds that the South African "residual gold reserve" after production through 2007 is only 2 948 tonnes, a little less than three times the 1970 production figure, and much less than 10% of the officially cited reserve.
The country's gold reserves are less than half of the current United States Geological Survey (USGS) estimate of 6 000 tonnes, and the country is not first, but fourth in world rankings, after Australia (5,000 tonnes), Peru (3,500 tonnes) and Russia (3,000 tonnes), Hartnady's research shows. The USGS currently cites South Africa's gold reserves at around 6,000 tonnes, while SA claims a 36,000 tonnes reserve base figure (or about 40% of the global total). Hartnady's findings are based on Chamber of Mines figures and mathematical modeling pioneered by the distinguished American geologist M. King Hubbert.
Esterhuizen comments that "most recent indications from Harmony (even with gold bullion at new dollar records over USD 1,100/oz) is that its old shafts - effectively the Free State gold field - are dying. DRDGold has got Blyvooruitzicht on life support and is trying to get permission to keep the plug in for a little bit longer (with everything around Blyvooruitzicht now having been shut down), while Pamodzi Gold's demise and Simmer & Jack's failure at Buffelsfontein just proves the point -- all of this, at record gold prices in rand terms". ""
SA gold miners on final deathwatch as scientist finds gold reserves more than 90% less than claimed
Research shows that production rates should fall permanently below 100 tonnes a year within the coming decade
Author: Barry Sergeant
Posted: Tuesday , 17 Nov 2009
JOHANNESBURG -
The apparent bottom line in a paper published in the South African Journal of Science is that South Africa's gold industry is on final deathwatch, despite claims of massive existing below-ground reserves. Chris Hartnady, research and technical director of Cape Town earth sciences consultancy Umvoto Africa, has found that South Africa's Witwatersrand goldfields are around 95% exhausted, and anticipates that production rates should fall permanently below 100 tonnes a year within the coming decade.
Gold production from the Witwatersrand, the biggest known gold field in the world, peaked at around 1,000 tonnes in 1970 and has declined ever since. Hartnady says that while initially (1970-1975) the decline was "quite precipitous", it has been interrupted by only short periods of slight trend reversal (1982-1984 and 1992-1993).
http://mineweb.co.za/mineweb/view/mineweb/en/page34?oid=93062&sn=Detail
[Edit]
- "Oh well....it's deer season anyway." --
johnny, 00:03:53 11/18/09 Wed
says knapper
go kill something helpless meathead .. then get help ..
[Edit]
- @ Asia Manip Check ... --
MoreGold, 23:48:27 11/17/09 Tue



[Edit]
- got silver? --
Romanov, 23:32:04 11/17/09 Tue
'... today versus 1980 we have 51% more humans using 1,000% more dollars-yen-euro-yuan, etc. to chase 50% less real silver metal in a world where anyone can buy the metal with a mouse click in their study, in their underwear.
If the world holds it together and we manage to avoid a second brush with systemic financial system collapse, the new rush into silver that Jim Rogers now predicts could make the one in 1979-1980, when silver briefly tested $50, look like a warm-up.'
http://www.stockhouse.com/Columnists/2009/Nov/17/Got-Gold-Report--COMEX-commercial-shorts-in-retrea
[Edit]
- Obama's China Junket: --
doran, 23:22:16 11/17/09 Tue
"We're Opening Doors for Wall Street and Nothing More"
Do you know the real reason that Obama is in China?
Obama is carrying on the work of George W. Bush and Henry Paulson. He's trying to pry open Chinese markets to US financial services. That's right, the lavish executive junket doesn't have anything to do with human rights, climate change, or dollar/yuan rebalancing. That's all just public relations mumbo-jumbo. 100% bunkum.
http://www.informationclearinghouse.info/article23999.htm
[Edit]
- Gold - a top or reversal UP --
AU_NB, 23:06:36 11/17/09 Tue
Looks like a reversal up, short term, on the Directional Movement Index at this time.

we'll c
jmho
icbw
dyodd
[Edit]
- Wash Times Editor: I Was Forced To Attend A Moon Church Mass Wedding --
doran, 23:03:39 11/17/09 Tue
http://tpmlivewire.talkingpointsmemo.com/2009/11/washington-times-faces-eeoc-complaint-from-editor-richard-miniter.php?ref=mp
[Edit]
- C Street House No Longer Tax Exempt --
doran, 23:00:42 11/17/09 Tue
http://tpmmuckraker.talkingpointsmemo.com/2009/11/c_street_house_no_longer_tax_exempt.php
[Edit]
- Liagra -- moonshot (), 21:51:23 11/17/09 Tue

Last edited by author: Tue November 17, 2009 21:53:24
Edited 1 time.
[Edit]
- "The poor will be with us always." -- mozel, 21:15:04 11/17/09 Tue
parable.
[Edit]
- wuhcuh .. -- Delta-au (), Excellent book for basic Technical Analysis --
wuhcuh, 21:05:51 11/17/09 Tue
Thank you Delta-au. I will order it up.
wuhcuh
[Edit]
- Where's That Inflation? -- JoeB -- Pyrite --
JoeB, 20:55:48 11/17/09 Tue
One of the things I have recently done, was to sign-up for Facebook. I put this off for a while, for I didn't need another distraction. I signed-up to find old classmates, but after a while, I realized I could indirectly proselytize using FB as a tool for that purpose. After I connected with most of my friends and family, I started linking to articles and videos that I think the average person could digest and understand. Maybe I'll include a brief sentence or two of commentary to provide further clarity. Most links are about the economic problems we face, a few are about gold and silver. I do find that some people will re-link my links on their page. So I think its having an effect, slowly but surely. We'll see.
[Edit]
- - --
faloffal, 20:52:17 11/17/09 Tue
http://www.furious.com/perfect/miles.html
Miles Davis, the electric years
[Edit]
- by loup garou -- mozel (), 20:50:35 11/17/09 Tue
on Tue, 11/17/2009 - 16:38 on zerohedge.com
#133656
Apple announced today that it has developed a breast implant that can store and play music.
The iTit will cost from $499 to $699, depending on cup and speaker size. This is considered a major social breakthrough, because women are always complaining about men staring at their breasts and not listening to them…
Last edited by author: Tue November 17, 2009 20:51:33
Edited 1 time.
[Edit]
- denbury is really a good oil speculation --
mugwump, 20:49:47 11/17/09 Tue
i like it better than xom for capital gain potential
http://stocks.investopedia.com/stock-analysis/2009/Denbury-Resources-Leads-In-Enhanced-Oil-Recovery-DNR-EAC1117.aspx?partner=YahooSA
[Edit]
- - --
faloffal, 20:43:46 11/17/09 Tue
skinster in Honduras
the flue boiling away inside, morphin and changin'
[Edit]
- - --
faloffal, 20:38:25 11/17/09 Tue
flu deaths Canada
last 5 days, November 12-17
= 37
November 10-12
= 26
November 5-10
= 20
[Edit]
- Major Patsy -- mozel, 20:35:43 11/17/09 Tue
"One of Major Hasan's favorite relaxations was to attend the local strip club: 'Maj. Nidal Malik Hasan came into the Starz strip club not far from the base at least three times in the past month, the club's general manager, Matthew Jones, told FoxNews.com. Army investigators building their case against Hasan plan to interview Jones soon. "The last time he was here, I remember checking his military ID at the door, and he paid his $15 cover and stayed for six or seven hours," Jones, 37, said. Jennifer Jenner, who works at Starz using the stage name Paige, said Hasan bought a lap dance from her two nights in a row. She said he paid $50 for a dance lasting three songs in one of the club's private rooms on Oct. 29 and Oct. 30. She recalled that he arrived at about 6:30 p.m. and stayed until 2 a.m. She said he brought in a six pack of light beer, took only a few sips from one can and gave the rest to the strippers. "He preferred the blondes," said Jenner, whose hair was dyed blond at the time. "He said he was a medic and that he was being deployed soon, but mostly he wanted to ask us questions."'[30] Needless to say, alcohol and strippers do not an Islamic fundamentalist make."
http://rense.com/general88/trp.htm
[Edit]
- Delta --
Iainmac, 20:25:11 11/17/09 Tue
I only let them spend the fiat - I hang on to the good stuff
and cos it's not on a statement somewhere they dont think it exists.....
[Edit]
- rogers on gold --
mugwump, 20:18:05 11/17/09 Tue
http://www.lewrockwell.com/rogers-j/rogers-j54.1.html
[Edit]
- Well, .......... mugs --
Earl, 20:15:45 11/17/09 Tue
If I am a constituent, it's by force only.
[Edit]
- final score in --
mugwump, 20:15:13 11/17/09 Tue
china 1 obama 0
http://news.yahoo.com/s/mcclatchy/20091117/wl_mcclatchy/3358915
[Edit]
- earl re: constituents --
mugwump, 20:11:39 11/17/09 Tue
that excludes you obviously
[Edit]
- silver eagle sales over 25 million- wow!! --
mugwump, 20:10:41 11/17/09 Tue
http://coinsalesfigures.com/bullion-coins/silver-american-eagle-bullion-coin-sales-figures/
[Edit]
- dimwit from oregon expounds on the constitution -- mugwump --
Earl, 20:01:47 11/17/09 Tue
Here in Oregon he's considered an intellectual giant .... by comparison to his constituents.
[Edit]
- will inflation be stopped? well, not exactly --
mugwump, 19:57:24 11/17/09 Tue
http://news.goldseek.com/GoldSeek/1258494219.php
[Edit]
- Iainmac @ my kids have already spent it... --
Delta-au, 19:55:45 11/17/09 Tue
cripes Iainmac ..
ya been around here looong enuff to know wot to doo ..
just print up a new wad !
EVERYBUDDY's doin' it !
..
or ..
sell some of them tungsten bars ..
[Edit]
- dimwit from oregon expounds on the constitution --
mugwump, 19:55:10 11/17/09 Tue
http://www.cnsnews.com/news/article/56968
[Edit]
- The_Vet, 19:42:03 Yep! you probably run them out of reserves .. --
Delta-au, 19:53:26 11/17/09 Tue
ho ho ho .. good one !
if I had the cash backing to break da bank ..
Would I be sitting here tapping away onna keyboard ?
..
[Edit]
- i bought gpr yesterday --
mugwump, 19:50:29 11/17/09 Tue
i'm already making dough
http://finance.yahoo.com/q/bc?s=GPR.TO
[Edit]
- you coulda got aun for a lousy dime in august --
mugwump, 19:48:05 11/17/09 Tue
what the hell- they're opening a silver mine
http://finance.yahoo.com/q/bc?s=AUN.V
[Edit]
- ok- if you want to be real fucking conservative --
mugwump, 19:44:59 11/17/09 Tue
buy a 1000 of this- barron's likes it
http://finance.yahoo.com/q?s=XOM
[Edit]
- iainmac --
mugwump, 19:43:09 11/17/09 Tue
yeah the kids will put you in the poorhouse
gadgets and video games and useless fashions
[Edit]
- Delta-au, Pleased that my xfer went thru ok .. --
The_Vet, 19:42:03 11/17/09 Tue
Yep! you probably run them out of reserves, which is why the rest of us who came in later have been shafted!! LOL...
[Edit]
- ok xcl was 8 centavos in august --
mugwump, 19:41:54 11/17/09 Tue
now it's 23- too bad you didn't buy
http://finance.yahoo.com/q/bc?s=XCL.TO&t=3m
[Edit]
- no probs mugwump --
Iainmac, 19:41:12 11/17/09 Tue
except my kids have already spent it...
[Edit]
- xcl was a nickel about a month ago --
mugwump, 19:40:10 11/17/09 Tue
http://finance.yahoo.com/q?s=XCL.TO
[Edit]
- ipt was dirt cheap- now it's just cheap --
mugwump, 19:38:35 11/17/09 Tue
did you buy??
http://finance.yahoo.com/q/bc?s=IPT.V
[Edit]
- Tell ya what....drop dollars and gold coins out of a helicopter. --
Kitcotodd, 19:37:21 11/17/09 Tue
Which goes first? Probably dollars. That's proof gold is still cheap. The public doesn't even know yet.
[Edit]
- svm smashes thru $7 --
mugwump, 19:37:04 11/17/09 Tue
http://finance.yahoo.com/q?s=SVM.TO
[Edit]
- hey iainmac --
mugwump, 19:35:10 11/17/09 Tue
loan me some dosh pal
[Edit]
- Where's That Inflation? -- JoeB --
Pyrite, 19:34:37 11/17/09 Tue
It's in what you got and your neighbor will never be able to afford. Ask ..him.. if prices are too high.
Better yet, ignore the penniless wretch. It's in fashion to do that now.
[Edit]
- trx up 14%- you got it don't ya?? --
mugwump, 19:34:15 11/17/09 Tue
http://finance.yahoo.com/q/bc?s=TRX.V
[Edit]
- Hmmmm --
Iainmac, 19:33:47 11/17/09 Tue
Bit wary at the moment, so taken some profits...
[Edit]
- sri up 19% --
mugwump, 19:33:01 11/17/09 Tue
ohhh baby
http://finance.yahoo.com/q/bc?s=SRI.V
[Edit]
- madison up 11% as juniors come back from the dead --
mugwump, 19:31:25 11/17/09 Tue
http://finance.yahoo.com/q?s=MMR.V
[Edit]
- trc up 36% yeah mama --
mugwump, 19:29:18 11/17/09 Tue
http://finance.yahoo.com/q/bc?s=TRC.V
[Edit]
- will exeter be split up or just bought out?? --
mugwump, 19:22:33 11/17/09 Tue
http://www.mineweb.co.za/mineweb/view/mineweb/en/page66?oid=93133&sn=Detail
[Edit]
- -- --
Winston, 19:18:47 11/17/09 Tue

the larger original from uncle Jim:
http://jsmineset.com/wp-content/uploads/2009/11/Gold-chart-11-16-2009.pdf
[Edit]
- The Vet .. --
Delta-au, 19:06:27 11/17/09 Tue
well, prolly a "sorry fer yer losses" ?
Pleased that my xfer went thru ok ..
(I'm in the boat, jack, push orff)
[Edit]
- it doesn't seem like 12 year ago ...Silver Lining --
BUFFORD, 19:05:54 11/17/09 Tue
http://www.gold-eagle.com/gold_digest/astro120297.html
[Edit]
- -- --
Winston, 19:04:23 11/17/09 Tue
"We are going into a Weimar Republic-type of inflation – get used to it," says bond-fund manager Stewart Cowley at Old Mutual Asset Managers.
http://news.goldseek.com/BullionVault/1258467630.php
[Edit]
- Army tells its soldiers to 'bribe' the Taleban with GOLD --
Nuclearson, 19:02:35 11/17/09 Tue
http://www.timesonline.co.uk/tol/news/world/Afghanistan/article6919516.ece
British forces should buy off potential Taleban recruits with “bags of gold”, according to a new army field manual published yesterday.
Army commanders should also talk to insurgent leaders with “blood on their hands” in order to hasten the end of the conflict in Afghanistan.
The edicts, which are contained in rewritten counter-insurgency guidelines, will be taught to all new army officers. They mark a strategic rethink after three years in which British and Nato forces have failed to defeat the Taleban. The manual is also a recognition that the Army’s previous doctrine for success against insurgents, which was based on the experience in Northern Ireland, is now out of date.
The new instructions came on the day that Gordon Brown went farther than before in setting out Britain’s exit strategy from Afghanistan. The Prime Minister stated explicitly last night that he wanted troops to begin handing over districts to Afghan authorities during next year — a general election year in Britain.
[Edit]
- Delta-au, re CBA stuff-up --
The_Vet (), 19:00:17 11/17/09 Tue
I expect quite a few people will get hurt by this; penalties for late payments, deals falling through etc.
Netbank hasn't made any public announcement but they now have a recording on the phone as soon as you ring in, as well as the notice on the login page.
My transfer was from one CBA account to another CBA account (different branch) and they have even lost that!
They are quick to charge their customers over the top "fees" if the customer stuffs up and overdraws or misses a payment so what are they going to offer for our inconvenience and losses?
Last edited by author: Tue November 17, 2009 19:02:26
Edited 1 time.
[Edit]
- This chick prolly made money trading bonds.....and so many here still don't understand them --
RIP, 19:00:13 11/17/09 Tue
http://dealbreaker.com/2009/11/former-wall-street-trader-mela.php#more
Warning: It is Dealbreaker, and this link contains graphic descriptions of acts one could call....."nasty"
Don't blame me.
[Edit]
- Roan..I knew Chuck wasn't a composition wizzard at --
BUFFORD, 18:58:39 11/17/09 Tue
writing news releases but he should have waited two weeks for this one
http://www.cantex.ca/2009-11-17.pdf
would have saved himself a $$ haricut (140 mil shares x 5 cents)that he owns himself
[Edit]
- Miniminer - but thanks for asking --
WALIAC, 18:52:11 11/17/09 Tue
(Working on my charm here. Can't let Earl run away with all the loot.)
[Edit]
- Skinne......I posted the GPS coordinates for that $850k Ontario farm --
BUFFORD (), 18:47:44 11/17/09 Tue
Last edited by author: Tue November 17, 2009 18:48:28
Edited 1 time.
[Edit]
- The_Vet, 18:45:29 .. --
Delta-au, 18:48:16 11/17/09 Tue
re CBA stuff-up .. thx for the Heads-up ..
I had a large xfer [auto] to go on Monday ..
will check onnit ..
[Edit]
- Miniminer --
WALIAC, 18:46:09 11/17/09 Tue
I'm fine, though pretty much unable to hide my disgust with the total stupidity holding the reins of this country. My fate and that of all those all I care for is being sucked into a sewer by people too crooked or too immature to even come up with probable lies anymore, and hope that I live to see this day:
http://www.youtube.com/watch?v=YyOw6bWy8X8&feature=fvw
Now that brings some cheer...
[Edit]
- The Aussie Commonwealth Bank Internet banking stuff up... --
The_Vet, 18:45:29 11/17/09 Tue
They seem to be trying to keep it quiet, but their on-line payments and transfer system screwed up last Monday and nobody seems to have any clue as to where their payments and funds are.
They didn't even seem to notice for 24 hours and then they put this message on their web site (but only after you log in so the general public don't see it)..
Important message from the Commonwealth Bank
Tuesday 17 November 8:00 pm. Some NetBank transfers and BPAY payments submitted between 1:00 pm and 5:30 pm on Monday 16 November may not have been processed correctly. We are working to resolve the problem and will provide an update here on Wednesday 18 November at 9:30 am.
I logged in a few hours later and the same message appeared except for the last line "We are working to resolve the problem and will provide an update here on Wednesday 18 November at 1:00 pm." putting back their "update" again....
I don't know how many transfers are involved but I know I have one screwed up and they even issued a receipt and debited my account when I made it, but now it has vanished. It was payment for some sludge I ordered Monday morning (before the price jump) so I am anxious to see the deal completed. The dealer I bought from is very patient, but I couldn't blame him if he wasn't....
CBA Netbank phone is jammed with "unusual call volume" so apparently nobody is getting any answers...
[Edit]
- Skinne......I posted the GPS coordinates for that $850k Ontario farm --
BUFFORD, 18:45:11 11/17/09 Tue
on la siesta.com with the following message:
"looking for lazy migrant farm hands, free room and board in the main house, no need to knock"
no need to hurry back
[Edit]
- @ serious run-up or a topple --
RIP, 18:43:50 11/17/09 Tue
I would suggest neither.
How does a doubting grind higher sound?
[Edit]
- an economy based on 'charm' - ! -- WALIAC, --
Earl, 18:43:47 11/17/09 Tue
Sheeeit ....... I gonna be a rich man.
[Edit]
- indeed why not? --
Delta-au, 18:38:09 11/17/09 Tue
that'd come under the scenario of a serious run-up .. nest pas ?
[Edit]
- delta --
Miniminer, 18:34:57 11/17/09 Tue
why not $1350?

[Edit]
- Inflation - deflation.... that isn't the question.... --
The_Vet, 18:32:36 11/17/09 Tue
The real question what is the fair ratio for exchange of gold, something with limited utility and restricted supply for dollars, something with zero utility and unrestricted supply?
[Edit]
- My pitiful stash is not for sale --
RIP, 18:29:16 11/17/09 Tue
.....at least not at those bids....lol
[Edit]
- HL -- APOLLO, ' they hedged on the way down by shorting the common stock. --
The_Vet, 18:26:40 11/17/09 Tue
That was a favorite play with all mining convertables not only HL, and most of the shorting was actually naked. They pretended that because they owned convertables that they were covered which they were in theory, but in fact they greatly incresed the trading float to way more than were issued.
It wasn't only a liquidity issue; it was also a way to boost yield. If they could sell short enough stock for cash their outlay was reduced and the yield boosted. Many convertibles which were issued as a result were earning interest rates of 25% to 50% and the actual net outlay and naked short positions cost nothing to maintain.
Of course if they can't cover before the stock price reaches the price they shorted at, then they are down the tubes big time!
[Edit]
- well .. either PoG is about to have a VERY serious run-up .. --
Delta-au, 18:26:37 11/17/09 Tue
like a $50 or even a $100 day vertically up ..
or ..
it's goanna topple ..
rough initial downside target ~ $1050 .. fibo 38%
Aden sisters 65 week M.A. is well below $1000 .. fwiw ..
..
[Edit]
- Is it even possible for --
Miniminer, 18:26:26 11/17/09 Tue
a gold bug to go rogue?
[Edit]
- Everything is nothing --
RIP, 18:25:54 11/17/09 Tue
...unless someone wants it.
Hambone was telling me how no one wants dollars.
Tell ya what....drop dollars and gold coins out of a helicopter.
Which do you think will be scooped first?
[Edit]
- Waliac --
Miniminer, 18:24:43 11/17/09 Tue
it seems you are drifting to the darkside lately...Are you alright?
don't mind me, my perceptions are all out of order.
go Vikes
[Edit]
- RIP --
WALIAC, 18:21:02 11/17/09 Tue
Gold is not nothing. Gold is not the dollar. The dollar is nothing.
[Edit]
- bid 401 .. --
Delta-au, 18:20:15 11/17/09 Tue
.. nyahh nyahh ..
[Edit]
- Gold is nothing....RIP --
Pyrite, 18:18:52 11/17/09 Tue
I'll buy yours for $400 over that price.
Canary Island acct.
[Edit]
- from lord jim --
mugwump, 18:16:13 11/17/09 Tue
Congressman Blasts White House for Faulty Job Data on Government Web Site
Updated November 17, 2009
The government Web site — Recovery.gov — is under fire for posting a number of jobs created in congressional districts that don’t exist and for accepting unrealistic data from several reporting outlets.
The Democratic chairman of the House Appropriations Committee is demanding greater accountability from the Obama administration after gross inaccuracies were found on a government Web site that tracks jobs purportedly saved or created by the $787 billion stimulus plan.
In a statement late Monday, Rep. David Obey of Wisconsin, chairman of the House committee, called the inaccuracies "outrageous" and said the administration owes the American public "a commitment to work night and day to correct the ludicrous mistakes."
"Credibility counts in government and stupid mistakes like this undermine it," Obey said. "We designed the Recovery Act to be open and transparent and I expect the Recovery Accountability and Transparency Board, who oversees the recovery act Web site and data to have information that is accurate, reliable and understandable to the American public."
The site — Recovery.gov — is under fire for posting a number of jobs created in congressional districts that don’t exist and for accepting unrealistic data from several reporting outlets.
[Edit]
- POG is NOT the canary in the inflation coal mine --
RIP, 18:15:37 11/17/09 Tue
If it was....then WTF was it doing in the late 90s when people were fighting to get a piece of the Dr. Koop IPO?
Gold is nothing.....except what you want it to be.
[Edit]
- LSteve --
JoeB (), 17:55:33 11/17/09 Tue
Worlds Without Ends
by
Frederick Turner
http://reason.com/archives/1996/06/01/worlds-without-ends/
Written back in 1996, the author ask the questions you do and speculates on a possible future economy based on "charm."
Last edited by author: Tue November 17, 2009 18:05:11
Edited 2 times.
[Edit]
- Delta-au --
WALIAC, 18:04:36 11/17/09 Tue
criminal organisation that hides behind its so-called
religious beliefs
___________________________________
Did the Catholics duck out of the room right about then?
[Edit]
- Do you have any idea how ridiculous that was? --
JoeB, 18:03:33 11/17/09 Tue
I think that with everyone of your posts. Well, at least the one's I inadvertently read. I just presume the others are as ridiculous.
[Edit]
- JoeB - an economy based on 'charm' - ! --
WALIAC, 18:01:44 11/17/09 Tue
That'll be a son of a bitch...
[Edit]
- Where’s That Inflation? -- JoeB --
RIP, 18:00:20 11/17/09 Tue
Do you have any idea how ridiculous that was?
[Edit]
- Where’s That Inflation? --
JoeB (), 17:57:29 11/17/09 Tue
http://reason.com/archives/2009/11/17/wheres-that-inflation
The monetary base has ballooned, yet inflation remains far off. Or does it?
by Veronique de Rugy
On his blog Free Advice in September, the Pacific Research Institute economist Robert Murphy argued that inflation is already here but economists are missing the signs. “From [December 2008] until August 2009, the unadjusted CPI level has increased 2.7%, which translates to an annualized increase of just over 4%,” Murphy wrote. He acknowledged that “ten-year yields [on Treasury bonds] are…low” but added that the price of gold has increased enormously. “Why do we assume that TIPS [Treasury Inflation-Protected Securities] traders are genius forecasters, but gold traders are morons?” he asked.
(more at the above link)
Last edited by author: Tue November 17, 2009 17:58:37
Edited 1 time.
[Edit]
- this can't be right .. surely .. --
Delta-au, 17:58:25 11/17/09 Tue
Independent senator Nick Xenophon has accused the Church of
Scientology of being a criminal organisation, calling for
it to be investigated by police and the parliament.
Senator Xenophon on Tuesday used parliamentary privilege to
attack the church, after being contacted by a number of
former Scientologists who accused the organisation of
"shocking" crimes.
"Scientology is not a religious organisation, it is a
criminal organisation that hides behind its so-called
religious beliefs," he told the Senate.
...
[Edit]
- are you buying? or are you just sitting there --
mugwump, 17:57:16 11/17/09 Tue
http://www.321gold.com/editorials/thomson_s/thomson_s_111709.html
[Edit]
- I humbly suggest many are viewing this gold move through a rear view mirror --
RIP, 17:55:25 11/17/09 Tue
This is not 1980.
Those you think should want gold may actually be short.
The ones you used to hate...may be leading this rally.
Yeah....it's bizarro shiet.
But if you try to make sense of it....I guarantee you will be wrong.
That's how they always stay one jump ahead of you.
[Edit]
- LSteve - what to do --
WALIAC, 17:51:44 11/17/09 Tue
Start a pandemic.
[Edit]
- -- --
Winston, 17:46:27 11/17/09 Tue
Falling U.S. Dollar: It's Lack of Demand, Not Rising Supply, Pharo's Dow Says --it's showing that banks are not lending and the world is deleveraging
video http://finance.yahoo.com/tech-ticker/article/373697/Falling-U.S.-Dollar-It's-Lack-of-Demand-Not-Rising-Supply-Pharo's-Dow-Says?tickers=%5Egspc,%5Edji,dia,spy,uup,udn,tbt
[Edit]
- Will Chinaman once again put his commie boot on POG tonight? --
RIP (), 17:43:54 11/17/09 Tue
That's funny....eh?
Sure beats the ol' CRIMEX takedown.
Last edited by author: Tue November 17, 2009 17:45:43
Edited 1 time.
[Edit]
- @'da scene --
Eldorado, 17:38:58 11/17/09 Tue
LSteve -- You can make it but unless there are people with incomes to buy it, why bother?
Production is only half the problem. Profitable production is the other half.
[Edit]
- Now what to do with all those, "useless eaters." --
Earl, 17:37:17 11/17/09 Tue
I'm hoping that we do okay ..... but who knows.
[Edit]
- Manufacturing --
LSteve, 17:28:53 11/17/09 Tue
There is an story about a cowboy who visited the barb wire factory in Chicago and when he went home he told his cowboy buddies to put their wire cutters away because barb wire was here to stay.
Last week I was at the Aerotech Congress in Seattle. I saw a robot reconfigure modular jigging so that what was being manufactured could be changed to something else. All done by software.
In the future I see a big factory where raw materials go in one end and finished goods go out the other end. There are only four cars in the parking lot. On one day they will make item #1, on the next day they will make item #2 and so on and so on.
This facotry will be located where electricity and energy are cheap and customers are close. Labor costs will be a none issue. Manufacturing will return to the US, but the jobs.
Just like a 100 years ago where 30 to 40 percent of the population was engaged in agriculture, now only 3 or 4 percent are engaged in agriculture and guess what? We produce as much agriculture products as we ever have.
This is the future. Now what to do with all those, "useless eaters."
[Edit]
- Unemployment catch 22 --
WALIAC, 17:26:56 11/17/09 Tue
The only thing the government hates about the unemployed is the part they get to skim off via withholding...which is also the problem of having a job in the forst place: You can't get a paycheck without simultaneously paying these fucks to keep wrecking the country.
We'd really be better off if everyone just quit.
[Edit]
- wuhcuh .. --
Delta-au (), 17:09:32 11/17/09 Tue
Excellent book for basic Technical Analysis and market savvy ..
Written in the 80's .. butt still valid ..
Used copies available on amazon for less than ten bucks ..
http://www.amazon.com/gp/offer-listing/1556230796/ref=tmm_hrd_used_olp_0?ie=UTF8&condition=used
=========================================
Here's a review ..
Friday, January 9, 2009
Review of Stan Weinstein's Book
Stan Weinstein's book "Secrets for Profiting in Bull and Bear Markets" is probably the best book a beginner could buy. Weinstein outlines the basic price structure of stocks; support, resistance, and moving averages. He also explains in great detail the four stages of a stock; Stage one base, Stage two uptrend, Stage three top, and Stage four decline. These basic principles are essential for a beginning trader to make money in the stock market. He gives multiple examples for everything he talks about and gives charts of many of his past trades.
The two things Stan focuses on the most are how to identify the companies that are poised to breakout, and how to get into and out of the trade. He also discusses in lesser detail some well known chart paterns such as Head and Shoulders, Double Top, etc. While these things can be profitable to trade, it won't matter one bit if you don't under stand what stage a stock is in. The basic priciples that are covered in this book are very important to profiting in the stock market.
You will probably notice as you surf through different trading blogs that this book continually appears on people's sites. That is because this book was important to these traders when they were first starting out.
..
Last edited by author: Tue November 17, 2009 17:21:16
Edited 1 time.
[Edit]
- The Big Bang machine is set to dim the lights this weekend --
Earl, 17:20:18 11/17/09 Tue
Large Hadron Collider ready to restart
Scientists have repaired the world's largest atom smasher and plan by this weekend to restart the fault-ridden Large Hadron Collider.
http://www.telegraph.co.uk/science/large-hadron-collider/6592961/Large-Hadron-Collider-ready-to-restart.html
[Edit]
- I am hesitant to diss the chartists --
RIP, 17:14:22 11/17/09 Tue
....but this time might just be slightly different.
Go with what works for you.
[Edit]
- 5 o'clock --
Sherlock, 17:01:39 11/17/09 Tue
Time to punch out... Tomorrow bugs.
[Edit]
- Walmart Black friday --
Sherlock, 16:59:24 11/17/09 Tue
I wonder how many poor Walmart- cattle will get killed in the stampede this year ?...http://www.newsday.com/long-island/nassau/wal-mart-worker-dies-in-black-friday-stampede-1.884298
[Edit]
- @'da scene --
Eldorado, 16:56:57 11/17/09 Tue
Heh heh, from one of the comments on zerohedge:
"Apple announced today that it has developed a breast implant that can store and play music.
The iTit will cost from $499 to $699, depending on cup and speaker size. This is considered a major social breakthrough, because women are always complaining about men staring at their breasts and not listening to them…"
HAR!
[Edit]
- Oh no ! Here comes the big sale ! Wow ! A $7 fleece jacket ! --
Sherlock, 16:52:51 11/17/09 Tue
By Parija B. Kavilanz,
NEW YORK (CNNMoney.com) -- Wal-Mart's much-awaited Black Friday deals will focus on a gamut of gadgets such as high-definition TVs, laptops and Blu-ray players, as well as holiday gift favorites such as toys and DVDs, according to a copy of the retailer's circular obtained by CNNMoney.com.....http://money.cnn.com/2009/11/17/news/companies/walmart_black_friday_ad_2009/
[Edit]
- @'da scene --
Eldorado, 16:50:46 11/17/09 Tue
RIP -- Yupper.
[Edit]
- 4:00 is RobotTrader time --
RIP, 16:43:47 11/17/09 Tue
...Amazing how back in the day, countries used to assert their manhood by boasting of an ultra strong currency, with which they could use to acquire goods on the cheap. But nowadays, everyone is suddenly an "exporter" wishing to smash their currency so they can sell their items to Wal-Mart, Best Buy, and Home Depot.
Imagine being some Bundesbank Bureaucrat, paying $8/gal. in gas to fill up his Mercedes limo in order to get to work. Rather than talk up his currency and lower his imported gas and food costs, he'd rather destroy his currency so his country can export more BMWs, Wolff tanning beds, Krupp coffee makers, etc. to the unemployed, foreclosed out, U.S. Consumer. And rather than use your FX reserves to invest in assets in your own country, you would rather buy more 10-year Treasuries yielding 3.3% in a country running trillions in deficits and stuffed to the gills with quadrillions in derivatives.
http://www.zerohedge.com/article/repeating-same-old-story
GATA love Pam with a hose.
[Edit]
- ughhhhhhhhh --
knapper, 16:40:13 11/17/09 Tue
rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain rain
Only 3/4 done with beans/corn. Gonna take a hard freeze to get the rest. Oh well....it's deer season anyway.
[Edit]
- The Fate of the Yeast People By James Howard Kunstler --
Sherlock, 16:38:36 11/17/09 Tue
... human reproduction rates are also greatly increasing the supply of idiots relative to resources, and that is especially problematic in the USA, where idiots rule the culture and polity....http://kunstler.com/blog/2009/11/the-fate-of-the-yeast-people.html#more
[Edit]
- sherlock --
knapper, 16:37:59 11/17/09 Tue
that's why I named it after me.
[Edit]
- Knapper / Nut wizard --
Sherlock, 16:34:52 11/17/09 Tue
Thanks for the info That will come in handy.. and all this time I thought a 'nut wizard ' was a guy that thinks with his balls.
[Edit]
- sherlock --
knapper (), 16:27:48 11/17/09 Tue
trouble with picking up sweet gum balls?
or pecans, walnuts, and the like?
try this: It REALLY works!
http://www.nutwizard.com/
Last edited by author: Tue November 17, 2009 16:28:16
Edited 1 time.
[Edit]
- @ "The poor will be with us always" --
BWP, 16:27:39 11/17/09 Tue
... yeah, who else are ya gonna give food stamps to?
[Edit]
- -- --
Winston, 16:25:25 11/17/09 Tue

[Edit]
- Pacific Rim- - - - Ees no amigos --
Jasper, 16:24:24 11/17/09 Tue
[Edit]
- Stimulus #2 on its way & we go higher - DEMS in deep trouble unless this gets fixed --
Miniminer, 16:20:24 11/17/09 Tue
Thats funny as hell...they are going to raise taves in fifteen different ways and then offer tax credits to employers of whom will need to provide healthcare for even more employees...They better just stick to inventing new make-work projects.
[Edit]
- "The poor will be with us always" --
Hambone, 16:18:09 11/17/09 Tue
A quote from someone who knew.
[Edit]
- Waiting For The Train-Wreck by Martin Hutchinson --
Sherlock, 16:12:58 11/17/09 Tue
...train wreck. Probability of arrival: close to 100%. Time of arrival: around the end of 2010, or possibly a bit earlier. And at this stage, there's very little anyone can do about it; the definitive rise of gold above $1,000 marked the point of no return....http://www.prudentbear.com/index.php/thebearslairview?art_id=10309
[Edit]
- ... on the case ... --
BWP, 16:12:31 11/17/09 Tue
"Geithner, Bernanke Said to Meet With Panel Investigating Root of Crisis"
... yeah, they all brought their manicurists and a box of Kleenex ...
[Edit]
- @'da scene --
Eldorado (), 16:09:18 11/17/09 Tue
If'n the 'government', and I use that term only very loosely, were going to be adamant in support of the people, they'd stop harboring policies detrimental towards job growth in manufacturing. However, that would still require a long time to mean any real job growth anymore. We are LOOONG past that.
In the mean time, they could lower retirement to 55 as those in that age category (and above, of course) may well never see another meaningful job for the rest of their lives if they've been 'job-disemboweled'.
Last edited by author: Tue November 17, 2009 16:09:56
Edited 1 time.
[Edit]
- Blank Fiend apologizes --
Sherlock, 16:07:53 11/17/09 Tue
Well then donate your bonus to the homeless if your conscience is so troubled.
[Edit]
- @'da scene --
Eldorado, 16:01:54 11/17/09 Tue
Response to Blankfein: 'Words are cheap, especially yours and all yer hanger-ons''.
Only a stupid fek could believe all this tripe..
[Edit]
- Nice turn-around in the PM stocks off their low --
Sherlock, 16:01:21 11/17/09 Tue
Even in the face of a stronger dollar.
[Edit]
- ... mind-bogglin' hyperinflation .... --
BWP, 16:00:32 11/17/09 Tue
"A senior Federal Reserve official said sluggishness in pockets of the US economy should not deter the Fed from beginning to remove its extraordinary economic support."
... they're gonna do it soon and do it large .... the rates are gonna skyrocket soon ... they're just waitin' fer an excuse ... any excuse ... suddenly a hectare of newly-found Green Shoots are gonna appear outta thin air .... again ... but this time, they won't give a shit if ya think they're connin' ya ...
[Edit]
- Gold train --
LSteve, 15:58:26 11/17/09 Tue
Boys, this little respite is over. Time to get back on board the Gold train.
Things look strong for the next 3 to 4 trading days.
[Edit]
- Blankfein Apologizes for Goldman Sachs Role in Crisis --
doran, 15:57:01 11/17/09 Tue
“We participated in things that were clearly wrong and have reason to regret,” Blankfein, 55, said at a conference in New York hosted by the Directorship magazine. “We apologize.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=aeV9jwqKKrEw&pos=2
[Edit]
- @ otherwise it's outperformed hugely --
BWP, 15:55:13 11/17/09 Tue
... saw that .... but 'hugely' ta me means an upper thrust in the range of seventy ta hunnerd dollars ... otherwise, we're on the same page .....
[Edit]
- Skinee.............good luck with those cheap --
BUFFORD, 15:55:12 11/17/09 Tue
Hondo sex changes...........now we treat you like the little bitch U always wanted to be
[Edit]
- Stimulus #2 on its way & we go higher - DEMS in deep trouble unless this gets fixed --
APOLLO, 15:54:09 11/17/09 Tue
House Democrats to Try to Pass Jobs Bill, Hoyer Says (Update1) Share Business ExchangeTwitterFacebook| Email | Print | A A A
By James Rowley
Nov. 17 (Bloomberg) -- U.S. House Democrats will try to pass a job-creation plan this year that may include money for highway construction and tax credits for small businesses to hire more workers, Majority Leader Steny Hoyer said.
The new focus by Congress on jobs follows last month’s jump in the unemployment rate to 10.2 percent, the highest level since 1983. That prompted President Barack Obama to promise new measures to find jobs for some of the 15.7 million unemployed Americans.
Public opinion polls show increased concern among voters over the economy. The percentage of Americans who said it was the nation’s most important problem rose to 31 percent this month from 26 percent in October, according to a Gallup poll conducted Nov. 5-8. That increase broke an eight-month decline in the percentage of voters who regarded the economy as the nation’s No. 1 problem.
“Clearly 10.2 percent unemployment is unacceptable and causing pain to literally millions of people around the country,” Hoyer told reporters at his weekly news conference today in Washington. Without job growth, “consumer confidence will not be restored and we will not have the kind of recovery that we want to have.”
Extending unemployment benefits and subsidies to help laid- off workers buy health insurance would likely be included in the legislation, he said.
“All the economic analysts have indicated it’s going to be very difficult to bring down the jobless rate,” Hoyer said. “We need to act in a way that does get to the creation of job opportunities of people in the short term.”
‘Specific Actions’
House Democratic leaders are “focused on what specific actions we can take,” including money for government jobs, job tax credits and public works spending, Hoyer said. He acknowledged that economists disagree on what steps would best promote job growth.
House Republican Whip Eric Cantor said “it’s about time” that Obama and Democrats deal with the growing joblessness. Democrats “have for months now been about more spending, leaving a wake of deficits in their trail and now they want to focus on what’s important,” Cantor said.
Hoyer declined to say how much money the House would appropriate for jobs creation. He said he wouldn’t “characterize it as a second stimulus” because it wouldn’t be as broad as the $787 billion spending package Congress approved in February. “It will be targeted on jobs,” Hoyer said.
Short-Term Spending
Under consideration is more short-term government spending on highway construction that would be paid for by a drop in such expenditures in subsequent years so the program wouldn’t widen the federal deficit over a longer period of time, Hoyer said.
“The long-term fiscal impact will not be helped” unless Congress is “dealing effectively” with “bringing unemployment down and bringing people back on employment rolls,” he said.
Hoyer said he hopes the House will pass legislation before Congress’s planned Dec. 18 year-end adjournment before the Christmas holiday. “I would certainly want to see us move something on jobs before that,” he said.
Speaker Nancy Pelosi asked committee chairmen to suggest proposals that will be bundled into a single piece of legislation to be debated by the full House in the next three weeks, Hoyer said.
To contact the reporter on this story: James Rowley in Washington at jarowley@bloomberg.net
Last Updated: November 17, 2009 13:53 EST
[Edit]
- @'da scene --
Eldorado, 15:51:57 11/17/09 Tue
Sherlock -- Funny you mention NC.
[Edit]
- BWP - seriously.. --
Glyndwr, 15:51:43 11/17/09 Tue
Check POG vs. Forex, from 08:42 EST today. Whilst nominally it looks squat, otherwise it's outperformed hugely.
[Edit]
- The Dow priced in gold has been falling hard for 9 years. --
Sherlock, 15:51:42 11/17/09 Tue
I HAD NO IDEA how bad it was," my friend Richard Smith told me after crunching the numbers, says Steve Sjuggerud in his Daily Wealth email....http://goldnews.bullionvault.com/dow_gold_111720094
[Edit]
- Eldorado the weather --
Sherlock, 15:50:50 11/17/09 Tue
Funny,the weather here in Carolina del Norte is exactly as yours. And the leaf situation is too. But I also have a lot of 90 foot sweet gum trees on the side of the house, that every year put out thousands of these golf-ball sized,spiked seed pods. What a pain in the ass they are.... http://www.ehow.com/how_5281693_pick-gum-tree-balls-use.html
[Edit]
- @'da scene --
Eldorado, 15:50:40 11/17/09 Tue
RIP -- well, good on them.
Personally, I like liquidity/trading volume,, and lots of it. Then, I rarely need to get out at the bid, for even a few thousand shares, if that can even still be possible, which it generally cannot be on illiquid pieces of shit.
[Edit]
- Is Hondurace somewhere in Italy? --
RIP, 15:50:01 11/17/09 Tue
Only Skinee knows.
Mebee.
[Edit]
- Hello from Hondurace via satellite --
Skinee, 15:47:34 11/17/09 Tue
How are all you scumbags doing, I just know you all miss me.
Anyway...sell sell sell...gold is way overpriced.
Hope I made a few English and spelling mistakes to bring Ellix out form the sewer.
I am doing a hell of a lot better in stocks than you guys are in gold.
Hi Earl...you grummpy old bastard
And good evening men...you too Gala
Ima outta here.
Hi Carmack don't let Rip rip yo ass
He just a kid on the puter
[Edit]
- Well... --
Hambone, 15:46:59 11/17/09 Tue
bought more UXG 2.93
[Edit]
- @'da scene --
Eldorado, 15:44:54 11/17/09 Tue
....And Sherlock, keep some powder dry..
When some of these beasties get to where they're bound to go, you might enjoy the ride more with additional shares..
[Edit]
- Eldo....not exactly --
RIP, 15:44:52 11/17/09 Tue
For example....Osisko regularly trades a couple of million shares/day.
There are lots more.
[Edit]
- @ I can't remember many better days.. --
BWP, 15:44:41 11/17/09 Tue
... I can ... there were four in the last twenny years ....
[Edit]
- ... protect yer own .... --
BWP, 15:43:28 11/17/09 Tue
"WASHINGTON (AP) -- Treasury Secretary Timothy Geithner said Tuesday the global economy is moving toward a recovery but countries can't rely on U.S. consumers to serve as the engine of worldwide growth."
... yeah, we robbed 'n pillaged our consumers so they got no munny ta support ya ... do the same in yer own land ...
[Edit]
- Check out the 3 month change in Maiden Lane holdings --
RIP, 15:41:55 11/17/09 Tue
http://www.zerohedge.com/article/ml-iii-report-fed-feels-pinch-cre-downgrades-just-time-audit
Things are getting better....right?
[Edit]
- @'da scene --
Eldorado, 15:41:14 11/17/09 Tue
RIP, are those the canuck shares that 'might' trade a few thousand shares a day? HAR!!!!!!!!!!!!!!!!!11
[Edit]
- USPS To End Saturday Service? --
doran, 15:41:03 11/17/09 Tue
http://business.theatlantic.com/2009/11/no_mail_on_saturday.php
[Edit]
- ... gold went nowhere - BWP --
Glyndwr, 15:40:54 11/17/09 Tue
Such a kidder... I can't remember many better days..
[Edit]
- @'da scene --
Eldorado (), 15:37:09 11/17/09 Tue
If'n EXK can break thru 3.45, 3.62 ought to be SOON in 'da cards. That is some sort of resistance.
'course, given the near non-action in most of the PMs, relatively speaking, it could as easily require 20 buk POS to make it so;;;;; HAR!
Last edited by author: Tue November 17, 2009 15:39:00
Edited 1 time.
[Edit]
- @ X-Cal --
BWP, 15:37:57 11/17/09 Tue
... another one of my sleepers (dead pig) ... wake me up when it hits .65 cents ...
[Edit]
- ... gold went nowhere 'cause da 'splosion is restin' .... --
BWP, 15:35:04 11/17/09 Tue
... all 'splosions rest ... if ya were a real gold guru, ya woulda known that ....
[Edit]
- XCASF +21.35% --
Romanov, 15:34:53 11/17/09 Tue
X-Cal
[Edit]
- @'da scene --
Eldorado, 15:34:30 11/17/09 Tue
Sherlock -- Overcast with temperatures hovering around 60 this afternoon. Lots of leaves still falling. I'll have to herd them about a bit, soon, very soon, once again.
[Edit]
- MPUCF +19.19% --
Romanov, 15:33:41 11/17/09 Tue
Moneta Porcupine
[Edit]
- @ All this talk about $5000 gold --
BWP, 15:33:23 11/17/09 Tue
... yer callin' MYSTO immature?!!? ... I'LL TURN YA INTO A FROG! ...
[Edit]
- Why Oil ETFs Are Stirring from Their Slumber --
doran, 15:32:36 11/17/09 Tue
Possible shortfalls in exploration and production of oil as a result of this year’s low oil prices, coupled with increases in future demand could likely skyrocket oil prices in the future, says the IEA.
http://www.etftrends.com/2009/11/why-oil-etfs-stirring-their-slumber.html
[Edit]
- Well..... --
Hambone (), 15:30:51 11/17/09 Tue
bought UXG 2.93
P&F breakout.
We'll see.
Last edited by author: Tue November 17, 2009 15:32:02
Edited 1 time.
[Edit]
- Oooh look ! --
Sherlock, 15:30:31 11/17/09 Tue
UXG at $2.93 !
[Edit]
- Oil pushes higher for second straight day --
doran, 15:29:48 11/17/09 Tue
http://www.google.com/hostednews/ap/article/ALeqM5i5TtajgUpSm7KY5jf-lCJGHBB-tAD9C1FHV00
[Edit]
- All this talk about $5000 gold --
Sherlock, 15:28:26 11/17/09 Tue
Is just a wee bit immature. Don't you think? Heck. $1500 gold is still a long way off. And a lot of water has to go over the dam before even that happens. Let's not get ahead of ourselves boys and girls.
[Edit]
- @ healthcare --
RIP, 15:24:05 11/17/09 Tue
How can a country that will make BDUs...battle dress uniforms....for pregnant women....argue against any healthcare bill?
http://freedominourtime.blogspot.com/2009/11/leviathans-orphans.html
Nothing approaches socialism the way militarism does.
Yet the tea baggers have no problem with that.
[Edit]
- China should buy as much assets with American debt as possible --
Jasper, 15:22:41 11/17/09 Tue
The clods should o bought imf gold.
[Edit]
- Commitment - schmomitment --
Jasper, 15:21:37 11/17/09 Tue
Commitment to increase the Yuan is only in the U.S. of A.'s benifit. China should not listen to idiot public officials or Denninger.
Damn the torpedos, full speed ahead!
[Edit]
- Here is what I think is going on with HL --
APOLLO, 15:21:09 11/17/09 Tue
The Company sold $175MM in HL+C to finance Greens Creek - part of the financing, the acquisition was $700MM. HL+C is a convertible preferred stock. When HL's price collapsed from $13+ down $1 at the end of Oct, there was no liquidity for the HL+C guys to liquidate. So because they had a convert feature, they hedged on the way down by shorting the common stock. Now, as the price is rising (there were 32MM shares short - not sure where it is now) they are forced to cover.
[Edit]
- $5000 Gold "Possible by End-2010" --
Sherlock, 15:20:04 11/17/09 Tue
http://goldnews.bullionvault.com/gold_5000_111720091
[Edit]
- Gold Prices at $5,000/oz 'not unthinkable' - Tuesday 17th November 2009 --
Sherlock, 15:17:44 11/17/09 Tue
My comments: I know it's not unthinkable. i think about it all the time. but how much will a dollar buy under the $5000 gold scenario ?.. (and here's the article ).An experienced analyst has hinted today (November 17th) that Gold Prices reaching $5,000 per ounce is not entirely out of the question, the Daily Telegraph reports....
http://goldnews.bullionvault.com/Goldbug/gold_price/gold_prices_at_5000oz_not_unthinkable_19464716
[Edit]
- Buy HL? --
Hambone, 15:16:31 11/17/09 Tue
Why?
[Edit]
- Healthcare --
LSteve, 15:09:08 11/17/09 Tue
This is an interesting site on the consciousness movement. From time to time they have people who bring real value when it comes to a person's health. Enjoy.
http://www.consciousmedianetwork.com/home.htm
[Edit]
- RIP --
LSteve, 15:05:13 11/17/09 Tue
You definately have a point there. I've contacted fidelity several times over the years on this very topic. All to no avail.
[Edit]
- @AGT --
RIP, 15:01:16 11/17/09 Tue
If you guys think Apollo is at all interesting....you don't know what you are missing by being unable to trade the Canuck golds that are not interlisted.
There are hundreds if not thousands.
If and when USers demand access to the Canadian gold stocks......I will know we have reached bubble proportions.
[Edit]
- Is HL getting bought out??? --
APOLLO, 15:00:54 11/17/09 Tue
dip that pup in water, or get the fire-truck over here right away.
[Edit]
- Please Eldorado ! --
Sherlock, 14:56:36 11/17/09 Tue
I still own those two ... Not to change the subject or anything like that, but hows the weather in your neck of the wood?
[Edit]
- @'da scene --
Eldorado (), 14:50:21 11/17/09 Tue
Today we finally learned why AGT has not been performing as well as it has in the pseudo recent past. Heh heh, funny how everyone but the public can know this. HAR!
...And yes, it made it to my 48 cent forcast, and even below. Is it over? Not necessarily. Methinks it can have 45 cents written on it, as well as 43 cents.
Last edited by author: Tue November 17, 2009 14:52:09
Edited 1 time.
[Edit]
- Nationlized health care is just another tax to be used for the war on americans --
Jasper, 14:48:17 11/17/09 Tue
Already the fight to reduce coverage has started. Zetia the cholesterol fighting drug can now be replace by slow release niacin. That is for the masses, if you have self insurance zetia will still be available.
Breast cancer screening from now on will not be necessary until 50 years of age when the past guidelines indicated 40 was to place to start. Then screening should only be done every other year compared to how it is now done at every year.
National health tax will coexist with social security on pay stubs and we will get the benefits of not having both in the future.
The new war on americans. Cause dey need yo money.
[Edit]
- @'da scene --
Eldorado, 14:48:01 11/17/09 Tue
For the ERHE fan club, I'd be looking for 49-50 cent stock before 60 cent stock, and very possibly less.
[Edit]
- Flat funny day --
Sherlock, 14:43:42 11/17/09 Tue
Except for Barrick and Hecla. Why is Barrick up 1.85% ?
[Edit]
- Gold Stocks - Room on the upside --
AU_NB, 14:39:39 11/17/09 Tue
Since there has been no close outside the upper Bollinger Band since last reversal up off lower band, there is room for more upside. No Bollinger Band upper band reversal is set up currently.
http://stockcharts.com/h-sc/ui?s=$HUI&p=D&b=5&g=0&id=p89879200417
http://stockcharts.com/h-sc/ui?s=$XAU&p=D&b=5&g=0&id=p89879200417
http://stockcharts.com/h-sc/ui?s=GDX&p=D&b=5&g=0&id=p89879200417
Stochastics appear to be "embedded" (as per Ira Epstein)suggesting up move. RSI is below 70 and has not peaked. In a bull move, RSI may even reach 80 before reversal.
We'll c
jmho
icbw
dyodd
[Edit]
- Shooting heightens tensions in Nigerian oil delta --
doran, 14:34:27 11/17/09 Tue
Hundreds of former gunmen looted shops, firebombed a police vehicle and assaulted dozens of people in the oil hub of Port Harcourt on Monday in protest against what they said was the non-payment of their October allowance.
http://www.reuters.com/article/latestCrisis/idUSLH587453
[Edit]
- Hambone, 14:20:46 11/17/09 Tue --
Kitcotodd, 14:33:05 11/17/09 Tue
Just that you were wondering why HL was performing like it was. Well the group is wildly bullish... silver was up a buck yesterday.
You were the "where are we now" guy. You saw the light of this bull market during discouraging times. Now that gold is finally breaking out... many of your posts have been negative for months. That's all.
[Edit]
- I would watch Japan --
RIP, 14:32:59 11/17/09 Tue
Just a wild ass guess.
[Edit]
- If someone already posted about this, so be it. --
Jasper, 14:31:12 11/17/09 Tue
[Edit]
- Hamboine, out and clueless -- playrightman, 14:28:21 11/17/09 Tue
Well, I'm half-out and clueless.
[Edit]
- Why Won't Obama Give You a Job? --
doran, 14:23:04 11/17/09 Tue
But while caution’s prevailed in Washington when it comes to bailing out “Main Street,” Wall Street’s enjoyed a degree of socialism that would make Hugo Chavez blush. The Obama administration has essentially continued Bush’s policy of loading up dump trucks with tax dollars at the Treasury and dropping them on the banks with little oversight and next to no strings attached.
http://www.alternet.org/politics/143952/why_won%27t_obama_give_you_a_job
[Edit]
- My guess is the funds and IBs are frontrunning a currency crisis --
RIP, 14:22:05 11/17/09 Tue
But....the currency in crisis will NOT be the US dollar.
And it will, as always, be a manufactured crisis.
[Edit]
- Ft. Hood --
LSteve, 14:20:56 11/17/09 Tue
Here is a compelling article from Rense. Yea, yea I know its all conspiracy stuff.
http://rense.com/general88/trp.htm
Seems Ft. Hood was a false flag thing....what else is new. This Hasan character was a big time screwup...but he was protected. Supposedly so he could be a patsy at a later time.
So who benefits? I guess this would make it more uncomfortable for Muslims to be in the US military. Also it could to a certain extent turn the conflicts in Afghanistan and Iraq and eventually Iran into something of a religious war....which continues to cloud the real reason....control of oil.
Does a certain country in the middle east that starts with an I and ends with an L come to mind?
It is interesting that Fulford mentioned dual citizen types leaving and heading to said country.
[Edit]
- Kitcotodd --
Hambone, 14:20:46 11/17/09 Tue
Explain your last to me a little better. I don't get it.
[Edit]
- @LSteve The spot? U meaan the Gee Spot? --
fedfighter, 14:19:33 11/17/09 Tue
Reminds me of a golfer's joke. What's the difference between a golf ball and the g spot? The former is worth spending twenty minutes to find.
[Edit]
- Chrisalias - would probably prefer GDXJ --
APOLLO, 14:19:15 11/17/09 Tue
but not by much - it appears there will be liquidity there, so you skip ABX & some others who are a drag by going with the small cap index.
[Edit]
- Morgan is coming up on CNBC 2.-30pm est --
BUFFORD (), 14:17:49 11/17/09 Tue
he's missed this last run up ...still had core position in
Last edited by author: Tue November 17, 2009 14:19:12
Edited 1 time.
[Edit]
- Hambone - EXK, SSRI recently, SLW all doing well. --
Kitcotodd, 14:19:09 11/17/09 Tue
You're the original bug. What's the question?
[Edit]
- UXG --
Hambone, 14:18:30 11/17/09 Tue
Odd. It really is a silver play and it's doing nothing.
[Edit]
- Kitcotodd --
Hambone, 14:16:58 11/17/09 Tue
Tough question. Silver was up a buck yesterday to a break out high. Do I believe it's going higher? Yes. Evidently the buyers in HL do too. So does that make the stock lead the metals or the reverse? I don't know.
[Edit]
- RIP --
Mikikis, 14:16:35 11/17/09 Tue
I think that I agree with your reasoning....of course I think that the same boys are pumping the overall market.....because it "should" be lower with the dollar up so much.
And yes....if this overall market pops...which it may very well do soon enough....the USD will go up significantly as people demand it due to liquidating everything else....
[Edit]
- I wonder - -- Hambone, --
Glyndwr, 14:16:12 11/17/09 Tue
Can't happen, but they might say 'Uncre'.. : ) bbl
[Edit]
- Apollo --
Chrisalias, 14:15:16 11/17/09 Tue
In this environment do you prefer GDX or GDXJ? I'm guessing that GDXJ has a bigger bang for the buck but wanted to get your take.
Your HL is really working ....I'm still holding HL +C and HL Jan 2010 5 Calls
[Edit]
- The action in HL - -- Hambone, 14:13:02 11/17/09 Tue --
Kitcotodd, 14:14:50 11/17/09 Tue
Do you believe stocks lead the metals?
[Edit]
- Did I ever say gold was independent? --
RIP, 14:13:51 11/17/09 Tue
You know my reasons for this move.
[Edit]
- No disrespect Sherlock but --
fedfighter, 14:13:32 11/17/09 Tue
Raulston's been knuckle dragging since nadler was knee high to a grasshopper
[Edit]
- The action in HL - --
Hambone, 14:13:02 11/17/09 Tue
makes little sense to me.
[Edit]
- The worst is yet to come: Unemployed Americans should hunker down for more job losses --
doran, 14:12:38 11/17/09 Tue
There's really just one hope for our leaders to turn things around: a bold prescription that increases the fiscal stimulus with another round of labor-intensive, shovel-ready infrastructure projects, helps fiscally strapped state and local governments and provides a temporary tax credit to the private sector to hire more workers. Helping the unemployed just by extending unemployment benefits is necessary not sufficient; it leads to persistent unemployment rather than job creation.
Read more: http://www.nydailynews.com/opinions/2009/11/15/2009-11-15_the_worst_is_yet_to_come_unemployed_americans_should_hunker_down_for_more_job_lo.html#ixzz0X95igkUo
[Edit]
- RIP --
Mikikis, 14:11:58 11/17/09 Tue
You never answered my question....why is the Dow up today? More specifically, why isn't it significantly lower? It is the 'tell' today IMO. Gold is not independent by any means today....
We'll see how everything closes today....
[Edit]
- I wonder - --
Hambone, 14:11:47 11/17/09 Tue
when China is going to have to say "uncle".
[Edit]
- If a 75 cent dollar cannot spur US inflation....what will? --
RIP, 14:09:26 11/17/09 Tue
The dollar's descent has hit a brick wall.
It isn't working....and acting as a detriment to any global recovery.
The ROW has the next move.
And so does gold.
[Edit]
- The worst is yet to come: Unemployed Americans should hunker down for more job losses --
Sherlock, 14:09:11 11/17/09 Tue
BY NOURIEL ROUBINI
Sunday, November 15th -Think the worst is over? Wrong. Conditions in the U.S. labor markets are awful and worsening...http://www.nydailynews.com/opinions/2009/11/15/2009-11-15_the_worst_is_yet_to_come_unemployed_americans_should_hunker_down_for_more_job_lo.html
[Edit]
- Let's Get Fiscal --
doran, 14:08:57 11/17/09 Tue
The Fed's monetary remedies have flopped. It's onto Plan B, which means bold New Deal-type jobs programs; direct public-service employment which eliminates the waste of tax credits for private sector hiring and misdirected stimulus which disappears down a black hole. Put money back in the hands of the people who will spend it (workers) and build a stronger economy where everyone benefits. The system needs to be rejiggered; everyone knows it. The essential balance between supply and demand has been upset and can't be restored without a larger public workforce. Much larger.
Larger public workforce. Larger bureaucracy. Big government.
http://www.counterpunch.org/
[Edit]
- Amazing day, relatively. --
Glyndwr, 14:08:25 11/17/09 Tue
Glod breaking the 'commodity' shackles? Starts to Boogie like a Currency? bbl
[Edit]
- Fulford --
LSteve, 14:08:01 11/17/09 Tue
That silly boy....he sure knows how to write things that hit the spot:) Get it....the pun. Whether its true or not....who knows. As for the predicted demise of the federal reserve by January or February....that might be a bit optimistic.
[Edit]
- 00!? Roulette Anyone? --
fedfighter, 14:07:53 11/17/09 Tue
[Edit]
- Maybe JoeB can give us an inflation update......lol -- RIP --
JoeB, 14:05:34 11/17/09 Tue
Try looking at what's going up for no good reason. Inflation isn't one dimensional.
[Edit]
- Silver and cash --
MichaelH, 14:02:48 11/17/09 Tue
are the 2 things to have for the short term. Everything else in the world will go down to or below 8 or 9 year lows (only short term though) and what survives that(stock wise) is what to invest in.
Gold is valued at 4/3's compared to silver 1/3 valuation.
jmo.
[Edit]
- Well..... --
Hambone, 14:02:34 11/17/09 Tue
I'm totally out again, and clueless about where we go short term.
[Edit]
- RIP --
Hambone, 14:01:43 11/17/09 Tue
OK. The banks had dollar (legal tender) debts they couldn't pay. So Ben steps up and prints legal tender for them and gives it to them. And those who lent those legal tender dollars to the bank had to accept those free dollars (legal tender) from the banks in satisfaction of those debts. Bet they'd have preferred something different.
But now, the Fed is running a ponzi scheme with the banks. It prints (through the discount window) interest free legal tender the banks borrow, then the banks lend that back to the Fed at a higher interest rate at the longer end of the curve. It's free legal tender for the banks. Even if the dollar dives the banks don't care. And that answers your question about why the bond market continues to rally. Free money on the front end buys interest bearing money on the other.
But that's just for the banks, of course. Joe couldn't pull it off if he wanted to.
[Edit]
- WALLIAC --
Sherlock, 14:00:53 11/17/09 Tue
Exclusive: Jobs 'Saved or Created' in Congressional Districts That Don't Exist __Here's a stimulus success story: In Arizona's 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal stimulus spending. At least that's what the Web site set up by the Obama administration to track the $787 billion stimulus says.
There's one problem, though: There is no 15th congressional district in Arizona; the state has only eight districts....http://abcnews.go.com/Politics/jobs-saved-created-congressional-districts-exist/story?id=9097853
[Edit]
- @ legal tender --
RIP, 13:52:00 11/17/09 Tue
I was talking about bailout dollars.
[Edit]
- Hambone --
RIP, 13:50:22 11/17/09 Tue
If no one wants dollars....perhaps you can explain why you are sitting on cash and not fully invested.
True?
Hey....this gold market ain't easy.
[Edit]
- Gold & Base Metals --
Sherlock, 13:48:04 11/17/09 Tue
Has the gold bullion market overheated? BNN speaks to Lawrence Roulston, resource analyst & editor, Resource Opportunities for his take on which junior plays are best bets right now....http://watch.bnn.ca/commodities/november-2009/commodities-november-17-2009/#clip236157
[Edit]
- How's your state's stimulus spending going? Sucks over here: --
WALIAC, 13:47:55 11/17/09 Tue
MINNEAPOLIS, MN--You’d never know it without going on line to the new and improved federal government stimulus tracking website, but the economy and jobs picture is really picking up in Minnesota’s 57th congressional district. There in plain sight, it states that 35 jobs have been saved or created as a result of $404,340 in stimulus spending, according to the figures found by the Freedom Foundation of Minnesota on the federal government's stimulus tracking website on the summary page for Minnesota at recovery.gov.
Over in Minnesota ’s 27th congressional district, however, it appears to be a bleaker picture for those hoping for a turnaround. The federal government’s statistics indicate only 2.5 jobs have been created or saved despite the listed expenditure of $3,159,657 of taxpayer dollars.
Then there’s the 13th congressional district which outperformed them all. Hard to believe, but the hard working folks in the 13th congressional district generated five jobs from just $42,109 in stimulus spending.
That would certainly come as news to most Minnesotans, since the 14th, 27th and 57th congressional districts in Minnesota do not exist, except on the Obama Administration’s website. Nor does the 00 congressional district listed as spending $404,340 and creating zero jobs.
The North Star state, of course, has a total of eight congressional districts. You’d never know it by logging on to the federal clearinghouse for all things stimulus. The summary page for tracking where the stimulus money is going lists Minnesota as having a total of 19 congressional districts. Altogether, the eleven extra congressional districts posted received more than $7 million in stimulus spending, creating or saving about 50 jobs. Such a deal.
That's $140,000/job saved or created. Let's see now...of the $787 million in stimulus nationally, that's another 60,000. BFD, and that's only if those jobs really exist and are not just phantom jobs on the Obomageddon's website.
[Edit]
- RIP --
Hambone, 13:47:53 11/17/09 Tue
Why do banks accept it? Because it's legal tender. They have to.
[Edit]
- Maybe JoeB can give us an inflation update......lol --
RIP, 13:47:27 11/17/09 Tue
[Edit]
- Hambone....the dollar represents what every other paper currency represents --
RIP, 13:46:12 11/17/09 Tue
Zilch.
But answer my question....if no one wants dollars...why did the banks accept so many of them?
[Edit]
- RIP --
Hambone, 13:43:13 11/17/09 Tue
Yes, my point is no one wants to be stuck with dollars as everything else priced in dollars goes up - including stocks, which are just paper as well, but they represent an ownership position in hard assets. Tell me, what asset does the dollar represent?
[Edit]
- Ackerman calling $1174 a sure thing --
fedfighter, 13:42:31 11/17/09 Tue
...1174.90 as close to a sure thing as any market-driven event we could imagine
http://news.goldseek.com/RickAckerman/1258441260.php
[Edit]
- RIP -- Hambone, --
JoeB, 13:42:00 11/17/09 Tue
He's a one trick pony with no answers. Agenda, yes. Answers, no.
[Edit]
- My kind of "GO GREEN" --
APOLLO, 13:41:35 11/17/09 Tue
happening now
[Edit]
- Treasurys turn higher, adding to Bernanke-inspired rally --
Sherlock, 13:41:17 11/17/09 Tue
By Deborah Levine, MarketWatch
NEW YORK (MarketWatch) -- Treasury prices turned higher Tuesday, pushing short-term yields down to a new 10-month low, as economic reports showing weakness in homebuilder confidence, lower inflation, and moderating factory output supported views the Federal Reserve would keep interest rates low for some time....http://www.marketwatch.com/story/treasurys-give-back-some-bernanke-inspired-gains-2009-11-17
[Edit]
- Hambone --
RIP, 13:38:25 11/17/09 Tue
So...your point is no one wants dollars?
LOL
Is that why the banks were given so many?
Is that why food stamps would be eaten if edible?
One whiff of fear.....and the entire international community will flood the USS dinghy.
[Edit]
- RIP --
Hambone, 13:34:27 11/17/09 Tue
Oh, please. You're going to peg your argument on one day's action. How about looking at the last 7 months or so. How about looking at gold, at the market - at the dollar during that period. Or, how about looking at the dollar for the last 10 years?
[Edit]
- Billions of people want....need it higher.--RIP --
Pyrite, 13:33:42 11/17/09 Tue
They can get a bunch of them for gold.
[Edit]
- Hambone....is that why the dollar is higher today? --
RIP, 13:31:51 11/17/09 Tue
Is that why US T-bonds have headed higher...again?
[Edit]
- UXG- Hey dummies ! --
Sherlock, 13:31:16 11/17/09 Tue
You nudged it the wrong way. Do I have to get out of my chair? ( My father's favorite, and most effective phrase )
[Edit]
- Point to Apollo --
fedfighter, 13:30:40 11/17/09 Tue
Though the adjective is not listed
Main Entry: ac·cre·tion
Pronunciation: \ə-ˈkrē-shən\
Function: noun
Etymology: Latin accretion-, accretio, from accrescere — more at accrue
Date: 1615
1 : the process of growth or enlargement by a gradual buildup: as a : increase by external addition or accumulation (as by adhesion of external parts or particles) b : the increase of land by the action of natural forces
[Edit]
- RIP --
Hambone, 13:30:04 11/17/09 Tue
Nobody is everybody buying stocks, bonds, commodities, etc. - anything but holding the US dollar.
[Edit]
- Hambone....who is nobody? --
RIP, 13:28:36 11/17/09 Tue
[Edit]
- RIP --
Hambone, 13:27:26 11/17/09 Tue
Not trying to needle you, but nobody seems to want those dollars you say are so scarce.
[Edit]
- RIP - gold --
Mikikis, 13:27:20 11/17/09 Tue
I'd be much more impressed if the Dow reflected the USD gain with a drop....instead it is trading in sync with gold...why?
[Edit]
- To my simple mind....today is actually a better day for POG than yesterday --
RIP, 13:21:13 11/17/09 Tue
Everything is relative.
[Edit]
- Kitcotodd --
Hambone, 13:20:25 11/17/09 Tue
Well then, nudge away. Then I'll help you when she breaks out.
[Edit]
- Excuse me Hambone, but we need the nudge to 2.93...... --
Kitcotodd, 13:19:16 11/17/09 Tue
[Edit]
- Walliac/ Hard questions for Obama --
Sherlock, 13:18:01 11/17/09 Tue
I've got some....http://www.techenclave.com/chatterbits/very-hard-to-answer-questions-63752.html
[Edit]
- Sherlock --
Hambone, 13:16:39 11/17/09 Tue
I have a buy stop order at 2.93
[Edit]
- UXG --
Sherlock, 13:07:34 11/17/09 Tue
Please, somebody give it a little nudge.
[Edit]
- Fulford latest --
fedfighter, 13:06:58 11/17/09 Tue
Here's a post from Fulford. If you're unacquainted with him he is a ex-pat Canook based in Nippon land. Is he crediible? Maybe, maybe not, you decide. If you got time to kill there's a rather bizarre interview he conducted with David Rockerfeller on youtube.
China quietly introduces new financial system
China has stealthily introduced a new financial system based on the renminbi which is well on its way to becoming fully convertible, according to a high-level Chinese source. In addition, China is purchasing 10,000 tons of gold to back up a new fund designed to develop and market heretofore forbidden and suppressed technologies. The fund will be based outside of China and will be controlled by prominent members of the Chinese overseas community. The gold purchase will take some time because of the logistics of transporting it and the Chinese wish to test it thoroughly. Both the Chinese government and MI6 now confirm reports that much of the gold sold by the Federal Reserve Board over the past decade is in fact gold plated tungsten.
For its part, the renminbi is now convertible with South American currencies, the rouble, Middle-Eastern currencies, the yen, South East Asian currencies and African currencies. “We will slowly introduce our new financial system in parallel with the old one and hope that people steadily migrate towards it,” the Chinese official says.
Meanwhile, the latest G20 meeting ended in acrimony and chaos. The leadership of the West is in total disarray and will remain so until the Federal Reserve Board’s bankruptcy becomes visible even to brainwashed section of the Western public. This is now expected by January or February. Both MI6 and a senior Chinese government source now predict the collapse of the Federal Reserve dollar by that time.
We are also hearing various reports that many Pentagon and other US alphabet suit agency figures with both US and Israeli citizenship have recently fled to Israel. Things are coming to a head.
[Edit]
- Sherlock --
WALIAC, 13:06:32 11/17/09 Tue
Not to ask hard questions.
[Edit]
- silver bar collector --
Miniminer (), 12:59:17 11/17/09 Tue
after a $1.00 move in pos, time for cake...lol

http://imageshack.us/img/butansn.png" alt="QuickPost" border
Last edited by author: Tue November 17, 2009 13:04:11
Edited 1 time.
[Edit]
- China / from previous post --
Sherlock, 13:03:37 11/17/09 Tue
Mr. Obama addressed a group of selected young people from the Shanghai area, some of whom said they had been bused in for the event after "training.... "Training"?. What did they teach them to do ? Rollover ? Fetch a stick ? Not to pee on the carpet?
[Edit]
- Hambone - Your bud UXG seems like it only need a nudge..... --
Kitcotodd, 13:01:42 11/17/09 Tue
[Edit]
- ....hard to ignore. --
morbius, 12:59:01 11/17/09 Tue
Not really....
[Edit]
- Philbond's 10:09 gold chart --
Mikikis (), 12:56:04 11/17/09 Tue
Gives a good visual of gold hitting the line around 1118 Friday and the exhaustion gap from yesterday....hard to ignore.
Last edited by author: Tue November 17, 2009 12:56:30
Edited 1 time.
[Edit]
- HL = new rope --
APOLLO, 12:54:03 11/17/09 Tue
pretty strong right here
[Edit]
- Mexican BBB Downgrade By Fitch Imminent, Claims JPMorgan --
RIP, 12:52:03 11/17/09 Tue
...Even as Mexico's worst case budget scenario is about infinity times better than the outlook for America's bottom line, expect all rating agencies to keep the US at a AAA rating until such time as Goldman decides it is in its own best interest to finally pronounce a sovereign debt default of Uncle Sam (after, of course, purchasing several hundred trillion in US CDS, hopefully not with AIG this time). Because while the "we are insured against the AIG bankruptcy" defense may have worked with the intellectual and negotiation titan Geithner, it is unlikely that such a plan would be able to have a repeat performance.
http://www.zerohedge.com/article/mexican-bbb-downgrade-fitch-imminent-claims-jpmorgan
Ho ho ho.
[Edit]
- Beijing Limits Obama's Exposure --
Sherlock, 12:51:46 11/17/09 Tue
By IAN JOHNSON and JONATHAN WEISMAN
BEIJING -- As he dives into the heart of his trip to China, U.S. President Barack Obama is finding it hard to bring his trademark charisma to bear.
Mr. Obama is slated to meet Chinese President Hu Jintao on Tuesday, after which the two will make statements to be broadcast live on Chinese television. But that is likely to be the only chance he has to address the Chinese people directly. A town-hall event Monday that was supposed to highlight Mr. Obama's common touch ended up being a tightly scripted affair....http://online.wsj.com/article/SB125835068967050099.html
[Edit]
- Kent Exploration | KEX-X --
ROGUEPIERRE, 12:49:15 11/17/09 Tue
Dis one Pierre tinks a feller cud do reel well on. Bort sum yesterday an agin today.
[Edit]
- Apollo --
Mikikis, 12:48:12 11/17/09 Tue
I don't disagree...my calls are all ST. Expected more downside in gold though...will wait patiently here. May miss the ride.....
[Edit]
- EURONOMICS: Euro To Remain High Versus Weak Dollar, Yuan --
Sherlock, 12:47:49 11/17/09 Tue
By Roman Kessler
Of DOW JONES NEWSWIRES
FRANKFURT (Dow Jones)--European Union politicians and central bankers are confronting the euro's excessive value with verbal interventions, but the single currency is poised high against a weak U.S. dollar and an undervalued Chinese yuan....http://online.wsj.com/article/BT-CO-20091117-710969.html
[Edit]
- That's fine Mikikis --
APOLLO, 12:44:30 11/17/09 Tue
Gold's screaming "this USD rally is a suckers rally" - we'll see which way it goes, but my money is on down, down, down. Will look to take money off the table as we approach 72 - until then, an open like today should be & will bought.
[Edit]
- This way my post yesterday... --
Mikikis (), 12:37:59 11/17/09 Tue
"Apollo -- Mikikis (), 13:54:44 11/16/09 Mon
50/50 chance that this is a gap top in gold that will sucker in the ultra-bulls and correct from here.
Same 50/50 chance to sucker in the now totally lopsided short USD camp for one peak below 75 before it corrects from here.
The volume and the gap open today in gold is what has caught my attention. Note that the USD isn't crashing here....it hasn't moved lots."
I could be wrong...so far I am not. If (or when?) we break yesterday's highs in gold or the USD goes back down below 75...then my call(s) would be wrong IMO.
Last edited by author: Tue November 17, 2009 12:41:56
Edited 2 times.
[Edit]
- @ dollar can go to sleep --
RIP, 12:39:08 11/17/09 Tue
We shall see.
Billions of people want....need it higher.
Hey....I didn't create this mess.
[Edit]
- PPI coughed up a nothing --
APOLLO, 12:36:32 11/17/09 Tue
& therefore rates can remain low & the USD can continue to "Go to sleep"
[Edit]
- Dollar is much higher....and PPI coughed up a zero inflation biscuit --
RIP, 12:35:01 11/17/09 Tue
....so why is glod hanging tough?
You know.
[Edit]