In the midst of all the gloom and doom that has been posted I want to step back and take a humorous intelligent look at politics. Here is George Carlin's Lying Politicians and Words
"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades
"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald
"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden
"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints
Friday, April 29, 2011
It's The Physical Stupid!
I've found myself addressing folks on various fronts about the recent run up in silver prices (I was referred to this article in one email). There appears to be a school of thought that tangents with Normalcy Bias and that is when something runs up in value at parabolic levels, its a bubble. This is what I am talking about, these people are focused on the fiat value of the derivative.
Wednesday, April 27, 2011
Monday, April 25, 2011
APMEX Has No Silver Inventory; Paying $3 Over Spot, ANY Year, ANY Quantity
As reported initially on ZeroHedge APMEX issues a reverse inquiry:
Monday April 25th
For those keeping track at home, here is today's Comex Gold Release...Silver had Scotia Mocatta and Brinks shifting out a total 757,190 Ounces or $35.7Mn at today's close for May Silver delivery of $47.149, which is sky rocketing.
How To Fleece A Bunch Of Idiots That Are Too Distracted With Sex, Acting Cool, and Not Increasing Intelligence
In the world of increasing exposure and influence of garbage music and movies the intricacies of financial markets are taboo and beyond the comprehension of the general public. Many are worried about their image, their associations, what they "like", where they hang out, what they drink, what team they root for, whatever. In the meantime another group has been working diligently on complex interactions of mechanisms that support what we understand as financial markets. This is how a group of people, who stay away from the mainstream crap, can work you to serfdom without you ever knowing....
Let us assume the Fed is actually doing exactly what it plans to do: Crush the dollar, buy bonds, sit back and collect returns in a risk-free environment.
Let us assume the Fed is actually doing exactly what it plans to do: Crush the dollar, buy bonds, sit back and collect returns in a risk-free environment.
Sunday, April 24, 2011
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