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"History tells us that these extreme bubble-events (like Tulipmania) always last -- and progress -- much longer/farther than any sane person would predict"
And then, like Tulipmania, they collapse, virtually (or really) overnight. THIS is the reason sane people stay out of such markets, at least while they retain their sanity and don't get caught up in the hype. THIS is the reason to hold ONLY assets with intrinsic value plus a working quantity of whatever fiat currency floats your boat, so you are relatively immune to the games played with the "value" of those assets.
The two most-dominant (and primitive) modes of human behavior in markets (irrespective of the markets involved) are the "greed reaction" and the "fear reaction". The reason why asset-bubbles represent such an extreme risk to the ordinary person is that they (strongly) stimulate our greed-reaction.
Meanwhile, the longer the bubble lasts, and the higher it goes; the more it desensitizes our fear-reaction. Thus asset-bubbles always attract the maximum number of Chumps just before they burst.
There is only one RATIONAL way to approach any asset-bubble (other than simply turning, and running in the opposite direction):
1) Immediately recognize that any/all dollars you commit represent a form of high-risk gambling -- little different than going for a spin with a roulette wheel.
2) You pick your exit-price before you even buy in. This is the only way in which to rein-in the greed impulse, and prevent it from GUARANTEEING your self-destruction. Thus you tell yourself you will immediately sell after a 50% gain, or after doubling your money, or (for those looking for lottery-style gambling - lol) after tripling your money.
Just as I would never tell people that they shouldn't ever visit a casino (on rare occasions) to engage in some recreational gambling; I won't tell people to completely avoid all of these paper-fraud markets.
If someone wants to venture into the Banksters' casino-markets (with only "recreational" gambling money) and see if they can Beat the Bubble; I wouldn't attempt to discourage them from doing so. For some people; the occasional trip to Las Vegas is enough to "cure them" of their gambling-itch for years at a time...by "relieving them" of some/most/all of their gambling money.
To me this takes this clip from being a general anecdote about human courage to more of an "advertisement" for a particular faith.
A point that you missed. It is almost a certainty that any of the "loans" paid back, are paid back using money from new loans. I'm sure this is done to make it appear that this filth is doing it's due by paying back these so-called loans.
If the people being bought out knew how little they are getting for the sleezy things that they are doing... Ya know, here's $10,000 if you let this $50 billion in fraud slide under the radar. Not even thinking that they are the ones risking everything for so little. If anything leaks, it's not the mega corporations that pay, it's these little people that are taking bribes that go to jail (if they go to jail) or lose their job.
Rroush, you're certainly correct about this give-with-one-hand, take-with-the-other sham that is taking place here. However, I didn't miss that point. Rather, I endeavoured to imply it here:
...To call these (undisclosed) gifts of further $trillions to Wall Street “loans” is simply another one of Bernanke’s lies, like all of his previous Exit Strategy promises. While he may claim that some of these gifts are being/will be repaid; the previous chart completely refutes that possibility.
Jeff Nielson wrote:
The one further point worthy of note is that (obviously) this tiny reduction in money-printing was not intended to "detonate" the U.S.'s bubble-markets -- like any meaningful reduction in money-printing would certainly cause. Thus we can reduce that this tiny, token reduction of money-printing a near-invisible $10 billion/month is the most that the One Bank has calculated it could cut without risking implosion of the U.S.'s Ponzi-scheme economy (and all the other Ponzi-scheme Dominoes).
This 5% (2%?) reduction in total money-printing is the most that they could even pretend to withdraw -- without imploding the Ponzi-scheme(s). Don't forget (as mentioned earlier), with his other "invisible" hand, B.S. Bernanke is most-likely increasing the money-printing.
You are certainly more skilled at mathematics that I am, but my calculations show this reduction in QE to be closer to 12%:
10,000,000,000 / 85,000,000,000 = .1176 = 12%
Am I mistaken? Could this still be described as tiny?
Again, you're only watching one hand of the Clumsy Magician. The (supposed) Exit Strategy is supposed to be from all of these various forms of extraordinary measures" -- not just the "QE", but also all of the endless $trillions in 0% loans.
It's impossible to put a precise percentage on this (because we don't know how many $TRILLIONS are being given away each year in so-called "0% loans"). But if we assume what the Cheap Magician is concealing is at least as much as the "official" hand-outs; immediately my numbers make more sense.
So for those who have questions about some of the nuances/deceit involved here; this is a good place to illuminate those queries -- without starting some potentially unwieldy "Q & A" on The Daily Grind...
Federal Reserve Shooting Blanks
"No commodity known to man combines as gold does the qualities of durability, unlimited marketability, portability, homogeneity, steady demand, stability of supply growth, fitness for being stored, low cost of storage per unit of value and, last but not least, independence from authoritarian manipulation of the total supply. This is why totalitarians (and their dedicated or subconscious fellow-travellers) are violently opposed to its private ownership that provides the citizen with a large measure of freedom. By having gold he can hedge against arbitrary policies of the Omnipotent State, or even slip out from its clutches."
Melchior Palyi (1892-1970)
from the unfinished manuscript of a book with the title: The Dollar: An Agonizing Reappraisal (1965)
He is also credited with saying:
"where the Welfare State is on the march, the Police State is not far behind"
Hey GoldenEconomizer! Nice of you to stop by for a "cameo".
Yes, gold is "perfect money", but what really amazes me is looking at gold and silver, together. Both are rare enough to be "precious" (an intrinsic quality of "good money"), but then we look at their percentages in the Earth' crust and their ratio's to each other.
Gold is the perfect money of government and enterprise: valuable enough to be the currency of economies. Silver, on the other hand, is plentiful enough to be ideal as the People's Money -- and as the medium of exchange for all routine commerce.
Gold and/or silver could possess all of the qualities of "money", but like platinum or palladium simply not be abundant enough -- and evenly-distributed enough to be ideal as our money (for thousands of years).
As I remarked in response to a very different topic of discussion; these two Perfect Monies are almost enough to make one believe in Intelligent Design...
One has to wonder why such alternative media outlets do not dig deeper into the causes. Are they actually attempting to advance the legitimacy of the cabal's objectives? Are they naive? Are they afraid to take them on? In at least some cases, I suspect that they are reluctant to "push things too far" out of concern for losing their audience and/or suffering reprisal.
With respect to the Corporate Media; it's malaise has several facets. It begins (of course) with all key editorial positions being staffed with Stooges for the One Bank. Then we have the "herd mentality" in a System which preaches that conformity is the highest form of "wisdom". Nothing one says is/can be valid -- unless someone else has already said it first (generally some "expert").
Compounding this, we have our (deliberately) defective educational system; where "learning" is considered to be NOTHING except memorize-and-regurgitate (over and over). Prevent children from ever using their minds to think; and those mental muscles will atrophy. Imagine a world where none of the "journalists" can think? No need to imagine.
So with nothing but Drone Journalists who can't think, who "know" nothing except copy-and-paste; what do you expect...???
That earlier post provides yet another snap-shot illustrating that the Rule of Law is dead in the Western world. It is rule-by-Crime-Syndicate, where the Puppet Masters now simply point at the assets which they wish our Lackey Governments to steal on their behalf.
Those with very strong stomachs can read the gory details of that other post, while those whose level of disgust has already reached the saturation-point can simply skip past the latest outrages from the financial sector -- content with the knowledge that it is simply "more of the same".
As I've discussed frequently; the precise details of these financial crimes (whether inside or outside the precious metals sector) are no longer important, because no matter how completely we compile evidence of these outrages there is no one to report them to. And all the "regulators" do is to streamline this saturation corruption, so the One Bank can steal more quickly-and-easily.
Too-Big-To-Fail (Now) = Too Big To Jail
As we see with the corrupt rigging of "LIBOR", continuing even after it has been fully-exposed; even some of the CRIMES of the One Bank are now deemed to be "too big to fail". This is a system beyond redemption, in every respect.
And because it is a system comprised entirely of Puppets, as a matter of elementary logic it is a system which can NEVER be fixed/improved until all the "strings" of the Puppet Masters have been permanently severed. The catch is that these (invisible) strings are all composed of the paper 'money' which the One Bank is allowed to conjure in near-infinite quantities -- every year.
Let me repeat this, because it is a concept so grotesquely gigantic that it is almost beyond any comprehension. Every year, the One Bank now hands itself a near-infinite amount of paper -- a mountain of Monopoly Money nearly DOUBLE total, global GDP.
“Give me control of a nation’s money supply, and I care not who makes its laws.”
- Mayer Amschel Rothschild (1744 – 1812)
It uses most of that free paper to gamble in its own, private Casino: the derivatives market. And it is allowed to use this Casino to rig any-and-all of the world's markets. It's Casino alone is a mountain of fraudulent paper roughly THIRTY TIMES total, global GDP in size (according to our best guesses).
Ironically; local cable-TV has been featuring the old James Bond classics over the past 10 days, where Bond duels the comic-book Villain "Specter", a shadowy Crime Syndicate with aspirations to "rule the world".
But nowhere in any of the Bond movies is it ever suggested that Specter controlled 40% of the global economy (as does the One Bank); because it would have been a premise considered too absurd for a Comic-Book Villain in a James Bond movie.
And the amounts of money which Specter attempts to extort in its crimes are laughable. Even adjusted for inflation; the total size of all the "mega-crimes" which Specter attempted -- in all of the James Bond movies, combined -- would not come close to equaling what the One Bank extorted from our governments in the Crash of '08, alone.
Why Too-big-to-fail = Too-big-to-exist
This is our reality: a world with a Super-Villain so monstrously gigantic that it would be deemed too preposterous for (credible) fiction. It's a world which allows this Crime Syndicate to steal from everyone, every day -- via its theft-by-currency-dilution.
It is a world to which 100's of millions of Western Serfs meekly submit, and where all of the actions of our Traitor Leaders are designed simply to enable its Masters to steal from us even faster.
There is a better way of doing things...some day. Some day after the One Bank no longer exists.
Building A Better Monetary System: Part I
Building A Better Monetary System: Part II
Building A Better Monetary System; Part III
One Bank to rule them all,
One Bank to find them,
One Bank to bring them all,
And in the darkness bind them.
Look at the fiction in our popular culture. Look how puny these fictional Arch-Villains appear in comparison to the (real-life) One Bank. Our (modern)fiction-writers cannot even comprehend Criminals on the scale of the One Bank -- except within the genre of what is ironically called "fantasy" (lol!!).
Suddenly, my paraphrasing of Tolkein's verse doesn't appear quite so hyperbolic, after all.
Rather, they are continually doing crazy things and then mutliplying the insanity again and again by compounding one act of reckless insanity with even greater insanities. Nowhere is this better illustrated than in looking at what passes for "rules" for the Western mega-banks -- a few of the tentacles of the One Bank.
In a recent commentary; I noted that current "leverage limits" for the Banksters were approximately 30:1. This translates as only being required to hold about $3 of assets for every $100 of gambling they do. It is a grossly inadequate capital requirement for conservative, responsible bankers.
For OUR Banksters; the most-reckless gamblers in the history of our species; it is a mathematical guarantee that not only will the Crash of '08 be repeated (some time within the next two years) but it will be a much worse. Because (unbelievably) more than 5 years after the Crash of '08 all that our Traitor Governments and pretend-regulators have done is make so-called "banking regulations" even weaker -- while the gambling continues to increase in a near-vertical line.
Then, in the case of the U.S. we reach "Insanity Cubed". Not only have leverage rules gotten even weaker while the gambling increases exponentially; but what U.S. banks call "assets" are nothing more than the wild fantasies of fiction-writers.
This is mark-to-fantasy accounting; where Wall Street banks can pretend that their so-called "assets" are worth any number they want to pretend. Thus holdings of some bankrupt fund with (currently) $0 market-value can be "valued" on the books of these Bankster Liars in the $millions or $billions. In other words; the only thing these bank-casinos hold on their books as "assets" -- and supposed "collateral" for their endless $trillions in gambling each year -- are pieces of financial feces so worthless that they can't find ANY Chumps to buy it (other than the Federal Reserve).
For the sake of those readers who still haven't wrapped their minds around the level of this insanity, let me clarify these rules a little further. Requiring banks hold assets equal to 3% of their gambling (i.e. 30:1 leverage) means that it takes only a 3% decline in the value of REAL assets on which they place their bets to BANKRUPT these banks.
In other words (for example); with the wild swings in the price of silver engineered by the One Bank's algorithm-manipulations; the price of silver often rises or falls more than TWICE AS MUCH (in a single day) as is required to bankrupt the entire Western financial system.
Of course, that would assume that all of their gambling was done in the silver market; but the general point remains valid. In (rigged) markets where prices often gyrate wildly; EACH DAY markets move in potentially large enough swings to bankrupt the entire Western financial system -- assuming the pretend-regulators ever required them to show they are solvent.
And then when their gambling losses spike to such high levels that they can't even pretend solvency; our Traitor Governments will declare a "bail-in" -- and allow the Banksters to LOOT as much of their clients' assets as necessary to create a veneer of solvency (and continue with their reckless gambling).
Understand that the object of the game isn't to place gigantic bets and WIN. The object is to create gigantic bets and LOSE -- to deliberately create these multi-trillion losses. One tentacle of the One Bank bets against another tentacle. The tentacle which wins the bet gets to keep the proceeds; while the tentacle which loses the bet gets a "bail-in": stealing enough from their clients to cover their (bad) bet.
Absoute corruption. Absolute insanity. And absolute TREASON on the part of our Traitor Governments: deliberately destroying their own economies and looting all the wealth from their own citizens -- so that they can hand it to a gigantic Crime Syndicate.
P.S. Note that at the moment, U.S. mega-banks have NO CAPITAL REQUIREMENTS at all. Infinite gambling with "money" they don't even have.
Fed Said to Delay Bank Leverage Cap Until Basel Completed
The Federal Reserve has decided to delay imposing limits on leverage at eight of the biggest U.S. financial institutions until a global agreement is completed, according to two people briefed on the discussions.
Fed officials want to wait for a finished rule from the Basel Committee on Banking Supervision before completing their own requirement for how much capital U.S. banks must hold as a percentage of all assets on their books, said the people, speaking on condition of anonymity because the process isn’t public. The international accord is shaping up as weaker in some respects than the U.S. plan.
The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency had favored finishing a U.S. rule by year’s end, said one of the people. The Fed’s wait-and-see position is aligned with groups representing the banking industry, who have argued for a delay on grounds that the regulations should be consistent...
Ok, so I understand that in discussions of financial derivatives the prefix OTC means 'over the counter'.
What is the significance of this designation, in this context, and what other kinds of derivatives are there? (I am always prone to think that there must also be 'under the counter derivatives' too, but I am sure THAT would never happen. )
BJH, it's easier to unravel this financial mumbo-jumbo by stepping back and simply remembering that the word "derivative" means nothing more than "bet". So your question then becomes: "are there any bets other than over-the-counter bets"?
And you can answer that one yourself. There are almost as many different forms of gambling in the world as there are people. The only thing which makes "derivatives" different from any other form of gambling is that virtually all of the bets are placed by Financial Psychopaths -- placing bets a MILLION TIMES AS LARGE as any other bets ever made on this planet, countless times every day.
That's the only way you can create a Casino (the derivative market) where the total value of the bets is somewhere around THIRTY TIMES as much as total, global GDP -- somewhere approaching $2 QUADRILLION ($2,000,000,000,000,000).
Can you find the "terrorists" here?
Yes Rroush, this is another perverse/Machiavellian aspect of our 21st century "Matrix". The worst "terrorist entities" on the Planet Earth (by a mile) are the U.S. and Israel: the nations claiming to be "fighting terrorism" in any/all forms.
Israel was created via terrorism. It's first Prime Minister was the acknowledged leader of those Jewish terrorists. Since that time; it has stolen the land of its neighbours, slaughtered countless thousands, made assassinations a way of life; and its currently working on the Slow-Genocide of the entire Palestinian people.
Then we have the U.S.: overthrowing regimes like normal people change their clothes. Murdering, torturing, devastating environments, destroying economies, and PERPETRATING most of the (so-called) "terrorism" in the world -- in the form of (endless) false-flag attacks (also a favorite Israeli tactic).
When you and I view this sort of interview, we tend to "fill in the blanks" with the background information we possess and to correlate it with other information we have garnered. As unlikely as it is, I have recently thought about how gratifying it would be to see someone such as yourself interviewed by Democracy Now! because you, and some others as well, would in fact direct the attention towards causes and help to facilitate a comprehensive (systemic) understanding of what is occurring on the global stage. Analysts such as yourself, and others, are the people I turn to to find insightful analysis. Of course I do much of this on my own; however, having the skills of talented and professional writers to help articulate even my own thoughts is helpful. The ripples that these sorts of entities (that includes you) create support people such as myself in our informal, one might say plebeian, efforts to educate and awaken others. I turn to sources such as Democracy Now! for information, and often for analysis, and I turn to other sources for analysis and interpretation. You are one of those sources.
What you (and others) have to realize is that you are more likely to be able to make this happen than I can.
What I have learned from experience (and frustration) is that it is an utterly futile endeavour for writers such as myself to approach entities such as Democracy Now.
ALL such entities receive large amounts of UNSOLICITED "contributions" (lol). Most of this will be from anonymous writers, with little/nothing to offer. But the net result is that ANYTHING sent in as "unsolicited" doesn't even get looked at.
Conversely, with respect to any entities which are at least somewhat responsive to reader/viewer feedback; if you suggest particular reading materials or "interview candidates" these entities are much more likely to actually look at what is sent to them -- since (to some extent) they are forced to (lol).
"Activism" comes in many forms. And if some people around here would like to see me and/or my work featured at other (alternative) media outlets; you're more likely to be able to make that happen than I am...
Canada’s Foreign Investment Rules Epitomize Western Corruption
In starting a separate post for this commentary on the Forum, I'm following my own advice, and also reverting somewhat to my days before Bullion Bulls Canada -- when I was a shoot-from-the-lip amateur blogger, generally firing-off 3-5 rants per day.
I veered away from that "Max Keiser" persona (lol); but that doesn't mean there isn't still value in one aspect of that media approach: repetition of important themes/concepts -- preferably at maximum decibels (lol)...
CANCER CAN BE BEATEN.
Of course any/all regular readers know that the "cancer" to which I refer is an economic one -- the horrific, financial Plague which I have explained/identified as The One Bank.
As readers become more familiar with this particular Plague, and why any/all monopolies are intolerable in our economies and societies; I’m (naturally) hearing one particular question more often from readers. How do we smash the One Bank?
As today’s commentary illustrates; we already have Anti-Cancer Laws in all our countries (potent ones), which are supposed to prevent entities like the One Bank from ever reaching 1/100th of its present size. These are our “anti-trust laws”. And in the case of the One Bank, we also have “anti-racketeering laws” since more and more of its crimes are straight out of the Gangsters Handbook: money-laundering and sleazy warehouse extortion operations.
So why don’t I answer the question of how we smash the One Bank by simply replying “enforce the laws”? Because the politicians/regulators/police who are supposed to enforce these laws have all been bought-off by the One Bank’s “dirty money” – at least all those at the top.
And as I have noted recently; with the One Bank now having access to $100 TRILLION in free money every year; it takes only a fraction of 1% of this Dirty Money to buy-off all governments, regulators, and senior law enforcement personnel – like the openly corrupt Attorney General of the United States.
Indeed, as today’s commentary illustrates; it’s even worse than that. These anti-trust laws, the Anti-Cancer Laws which should be attacking the One Bank have been perverted to serve the Cancer. This level of Corruption is beyond redemption. It requires the Mother of All Brooms to “sweep out” all this trash which has polluted all of these institutions, and thus our entire societies.
But before that can ever happen, before we can ever elect political leaders dedicated to eliminating the Disease –- this Cancer -- rather than serving it, before we’ll ever see “Anti-Cancer Parties” coming into existence in our political landscape; we need electorates which know this Disease exists.
This is the single, greatest success of the One Bank (until now): concealing its own existence. But any entity which is itself “a conspiracy” (of silence) must inevitably be exposed – especially when it grows larger and larger at the virulent rate of the One Bank. If one has a 40-pound tumor in their bodies; they will soon notice it.
In turn, this makes the necessary strategy for each of us (as individuals) simple: expose the One Bank. Start with the label itself, since the Drones in our societies have been programmed to absorb labels – as a central aspect of our propaganda conditioning. Use the propaganda tools created by the One Bank against the One Bank itself – simply by saying “the One Bank” as often as possible.
Yes, you will initially be perceived as “crazy” (welcome to my world!). But if one had suggested two years ago that the world’s $500-trillion “LIBOR” debt market was rigged, you would have also been perceived as crazy. But today LIBOR-fraud is (more or less) fully exposed. If you had asserted (even six months ago) that global currency markets “are rigged”; you would have been perceived as crazy. Now that is also (nearly) fully exposed.
He who laughs last, laughs best.
As fellow Contrarians; you must absorb the ridicule (for now) when you repeat the phrase “the One Bank” as often as possible. Eventually, even the Drones will begin to become to curious about this continually-repeated label. Then it can be explained to them that a single, financial Monopoly by itself controls 40% of the entire, global economy.
While few of the Drones will be able to understand (at least at first) why this is so bad; as people, we tend to be innately suspicious of anything that gigantic and monolithic. The process of communication (and education) is one of social osmosis, or as I have abbreviated in the past, by way of metaphor: Ripples in the Pond.
A single Ripple (or even a few, small ones) can be easily ignored. But more and more frequent Ripples inevitably produce larger ripples – which cannot be ignored. Expose this Cancer to those around you, whenever it can be conveniently introduced into dialogues without coming across as simple zealotry (lol).
The “lives” of most of us are getting steadily worse – generally in a plethora of ways. When discussing how our lives are getting worse (the symptoms); we must always ensure that we mention why our lives are getting worse (the Disease).
“Cancer can be beaten.” But first it has to be diagnosed.
Is anyone surprised?
OTTAWA — Canada Post president and CEO Deepak Chopra is a board member of the organization that highlighted the financial plight facing the Crown corporation and suggested eliminating door-to-door delivery as a way for it to save money...
"Surprised"? No Debsyl, but certainly disappointed. Many will view the elimination of (so-called) Snail Mail as "progress". However, here are two reasons why I view this as a significantly regressive move -- though likely inevitable.
1) Economic discrimination. The Below-the-Poverty-Line class across the Western world continues to get larger and larger (already well over 100 million) -- and poorer and poorer. Thus even the relatively cheap convenience now regarded by most of us as a "necessity" (the internet) is becoming less accessible to this class of people. And eliminating Snail Mail would make this economic (and social) discrimination much more serious and endemic.
2) Big Brother. It's impossible to spy on our Snail Mail in any efficient manner. A letter can only be surveilled by hand, by actual people, one at a time. Indeed, those particularly frightened and/or repulsed by the Orwellian NSA (and Co.) can strike a blow against it (or at least make themselves irritants) simply by writing more letters -- to friends, family, or anyone else.
Of course there is a third way in which this proposal further undermines Canada's society and economy. Elmiminating postal service would also slash 10's of thousands of JOBS -- while the worst unemployment in History already ravages our economy.
At worst; Snail Mail is a relatively efficient form of EMPLOYMENT STIMULUS -- much more productive than most of the temporary "make-work projects" when they want to spray around (and waste) vast quantities of so-called "stimulus dollars".
Our governments eliminate relatively efficient forms of employment -- crippling our economy -- then invent temporary, do-nothing jobs to "create employment"; which provide no lasting effect in our economies other than LOTS MORE DEBT.
How have our Crime Syndicate governments been programmed to function by the One Bank? If a government owns any profitable enterprises; they are to be sold-off to the Oligarchs -- at a fraction of their value -- as quickly as possible. And more-productive government workers are always to be replaced by less-productive government workers. For example; replacing letter-carriers with Drones to do their spying.
It is an activity at which I have practiced for (literally) more than three decades, and thus have hopefully acquired some reasonable level of proficiency here. However, for those without such practice; it is certainly worthwhile to attempt to do so yourselves -- or (at the least) look at the article below, and then (in hindsight) see how I boiled it down to a simple (ludicrous) message.
What is that "message" from Bloomberg today? We all lied to you before about "tapering". But now because we're admitting we lied about tapering previously; this means that you should believe us the next time we say we're going to "taper"...because this time it's different.
Did Bloomberg spew this Machiavellian double-talk at us simply because it believes the Sheep are so utterly brain-dead that they won't see-through this 'logic'? Or, is this "the new message" simply because it's the best Lie the banksters (and Corporate Media) can produce -- after five solid years of lying about an Exit Strategy?
Reader's choice. I would find either -- or both -- arguments persuasive...
Fed Taper Message Succeeds as Bonds Adjust to Economic Data
After misleading investors with a time line for tapering its unprecedented stimulus, the Federal Reserve now is stressing that any reduction in bond purchases will depend on the economic outlook -- and the message is sinking in.
Officials surprised traders and roiled markets across the globe on Sept. 18 by maintaining their $85 billion in monthly asset purchases. Investors had clung to Chairman Ben S. Bernanke’s May guidance that he might taper “in the next few meetings” of the policy-making Federal Open Market Committee, ignoring the weakest back-to-back months for payroll gains in a year and a jobless rate that was falling partly because workers were leaving the labor force.
The Fed since then has emphasized that changes are “not on a preset course” and hinge on the economy. The result: When unemployment dropped to a five-year low of 7 percent in November, the odds doubled that the central bank would begin tapering its bond buying this week, a Bloomberg survey showed...
While it would likely be difficult to prove the cultural origins of one of our favorite forms of vulgar gestures (lol); it's such a good story that its validity is (in my eyes) of only secondary importance.
I would much prefer that people only use broad, general "symbols" which clearly represent the Big Picture, or real-life anecdotes which we stumble upon by accident. Why is an anecdote which we stumble upon by accident much more valid as an (anecdotal) symbol than this STAGED anecdote?
Because in the former example the anecdote is illustrative. It suggests that the reason why we stumbled upon the anecdote was because the injustice depicted is so prevalent. Conversely, with staged anecdotes, where someone brings the injustice to us; there is no such objective validity.
I noted that one of the comments left after the clip noted (cynically) the staged nature of this anecdote. Much better to only produce/distribute untainted evidence/information -- as that way one doesn't inadvertently undermine their own message.
Many people talk about "reducing their carbon footprint", and/or talk about achieving some degree of energy-independence. But for reasons which you made clear (lol); not many of us follow through.
And it's precisely for those reasons that I hope that Members of the Community appreciate the "template" that you have provided. I won't quite call it a do-it-yourself guide. For some in the Community (who won't be named), it's still not quite sufficient to overcome their lack of "handyman skills", and difficulties in grappling with modern technology (lol).
However, for those who are more-inclined; it may be just enough of a helping-hand to nudge them onto their own path to energy-independence. And we can't forget that with some form of Economic Armageddon approaching that the ability to produce power for one's self may end up not being a "novelty" -- but rather a necessity.
So, for a change; I’ll actually talk about (the phony, fraudulent, paper) gold and silver markets today. For the benefit of newer readers; this will be a demonstrative explanation of why I don’t talk about the Banksters’ paper markets on a regular basis. For regular readers, it’s a reminder in case you had begun to forget.
We see the price of gold today inching toward $1250 USD, while the price of silver sits just under $20 USD. And the the headline at Basher Central (aka Kitco Gold) reads:
Gold Trades Not Far From Unchanged As FOMC Awaited
What is implied by this headline, and why is it (in fact) all totally irrelevant. What is implied is that nothing in the world is (supposedly) more important right now than the short-term musings of the Federal Reserve, a collection of confirmed, habitual Liars. And what is (supposedly) so important is their latest press release on whether or not the Fed-heads are contemplating another Exit Strategy (of some miniscule size). This is despite the fact that the numerous instances we have been told they were going to “taper” over the past 5 years have all been nothing but hollow lies.
But there is a second, much more important reason why the short-term musings of the Federal Reserve are nothing but distracting trivia. In any market; it is always long-term fundamentals which are dominant, with the exception of when some genuine “short-term shock” hits the markets. More hot-air from the Federal Reserve in no way qualifies as such an exception.
More specifically, as regular readers know (and newer readers are about to find out); in precious metals markets there is a single chart which drowns out not only the short-term trivia/lies of the Federal Reserve, but all other fundamentals in bullion markets. It is the chart of the “adjusted monetary base” (i.e. growth in the money supply) of the United States.
It is obviously an exponential curve, an extreme exponential curve, showing the money supply of the U.S. money supply exploding in a near-vertical line to infinity. This chart is a mathematical representation of hyperinflation. It doesn’t tell us the value of the U.S. dollar is going to zero. It tells us value of the U.S. dollar must go to zero, as this is how all exponential curves always end.
The only option for the Federal Reserve (and its Master, the One Bank) is to “pull the plug” on this Ponzi-scheme economy – by actually following through on an Exit Strategy, and thus causing the whole house-of-cards to immediately implode in a massive Debt-Default crash.
The chart above is only one of three reasons why the USD is already worthless. Hyperinflation for the U.S. dollar – still the world’s reserve currency – is already here. All we are waiting for is for the Sheep to realize these paper currencies are already worthless, at which point this entire, gigantic, financial fraud will be vaporized.
It is the ultimate, real-life version of “The Emperor’s New Clothes”. And the day that people see these naked, bankrupt economies for what they really are will be more than an “ugly sight”. It will be the worst financial holocaust ever seen in the modern history of the Western world.
That is the only Truth which matters. Ignore all of the short-term blatherings from the mainstream media, because their entire purpose is simply to confuse you and distract you from the Truth. Indeed, ignore all commentators outside the mainstream media who continue to fixate on any of the short-term trivia, or even lesser long-term fundamentals.
Our paper is already worthless, and supplies of gold and silver (i.e. real inventories) are rapidly dwindling. Exchanging worthless paper for valuable metal is a “bargain” at any price. Being able to do so at current fire-sale prices provides us with History’s best stocking-stuffers for any/all value-conscious shoppers.
Short answer is no.
Shortcuts are built into the operating systems of most computers these days, so there's no avoiding them. To be frank, you have to hold down the CTRL key at the same time as hitting the Z, X, C, V, or Y key to activate them so using them is never an "accident"...
No, you're assuming here. You only showed that it couldn't be a one key/stroke accident. This doesn't rule out the less-probable multiple keystoke accidents.
But you're wrong. There are single keys which can close a page with a single stroke, but they may not be what you officially call a "short-cut". Although to me it's hard to understand (in this day and age) how a multi-keystroke combination could be called a "short-cut"...
Recently the "FSA" which was supposed to fight Islamists has completely melted away.There are basically three major factions in Syria now, all three Islamist
1) Islamic State of Iraq and Sham(Former Al Qaeda, but now independent but very close ties)
2) Jabhat Al Nusrah(Al Qaeda in Syria) and other independent Islamist brigades
3) Islamic Front
Thus, a new secular front is being prepaared in Syria to fight the Islamist rebels, namely "The Syrian Revolution Front(SRF)", thus, these weapons or any other weapons that Saudi is purchasing are most likely meant for them.(SRF)
On a lighter note, the Syrian Revolution Front is known among the the people and the Islamist rebels are the "Syrian Thieves Front"
There are three basic (potential) purposes in arming any of the U.S.'s Stooges, and thus this shipment could fall under one or all categories:
1) Arming the Stooge to fight a particular enemy in a proxy-war.
2) Arming the Stooge (and one or more neighbours) to give them the potential to fight a regional war.
3) Lining the pockets of the "military/industrial complex"; better known (now) as the One Bank.
The Rule of Law is dead, across the West. The Criminals in charge of our governments issue decrees, allowing this banking Crime Syndicate to steal larger and larger chunks of any/all paper in its possession.
The 'solution' for us as individuals is simple: keep as little paper as possible (in any form) within the clutches of these banksters. Today they are stealing bank deposits. Tomorrow, it will be pensions, or equity accounts, or anything else they can get their greedy hands on.
And remember it's not just "banks" that are allowed to rob you, and it won't always be by any official decree -- but rather through some sleazy, quasi-legal technicality. Remember MFGlobal and PFGBest, and this "Golden Oldie:...?
How Your Bank Account Could Disappear
No wealth within the physical custody of any financial institution is safe. Safety-deposit boxes are actually more secure than mere bank "accounts" of any form, but (as we saw in the UK) these criminal governments can/might (will?) find pretexts to plunder those receptacles of our private property too.
With our governments now operating outside the law on the regular basis; it is ordinary citizens now who are treated as "guilty until proven innocent".
Ironically; it is these very same thieves who make it possible to trade our soo-to-be-worthless paper currencies for physical gold and silver at absurdly favorable prices. Those people who understand how/why to protect themselves are being given (literally) "a golden opportunity" to do so...
EU wants big depositors to be first supporters of failing lenders
The European Parliament has put forward a new mechanism to deal with bank failures in which major depositors in collapsing banks are tapped first in an effort to support the lender.
Deposits below 100,000 euro ($137,700) will be exempt from any losses, and bigger deposits from individuals and small businesses will receive preferential treatment, says Reuters.
The proposal was made following a 16-hour marathon negotiating session in Brussels. The authorities intend to start the mechanism on January 1, 2016, two years earlier than expected. It now goes to EU ministers for approval next week.
The measures show a toughening of economic policy within the EU, along the lines of the efforts to support the failed Cyprus banking system earlier in 2013. The solution of that bank crisis was at the expense of depositors, which ran counter to the dogma that they shouldn't suffer from bank failures.
If the law is accepted, financial losses for shareholders and depositors will become the uniform answer to bank collapses within the European Union. The law will also become a significant milestone in the course of reforming the banking sector, which was one of the reasons for the economic crisis.
Michel Barnier, the European commissioner responsible for creating the reform, declared that it is a "big step" to providing that "taxpayers are no longer in the front line to pay for banks' mistakes".
Once approved the rules will apply to the liquidation of banks in any of the 28 EU member states...
British government begins stealing its peoples’ bank deposits ahead of the global financial collapse.
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