Monkeys Attack

Love that BofA is positive.  And my wife wonders why I drink.

Humble

Jan and Feb--beaten down...march/april--up up and away...may/june--beaten down...august -up up for gold..sept/oct beaten down..

nov/dec?

No market is like this. what are their price goals? maybe they want to contain it 21% increase a year?  how long can they keep silver down? they can do whatever they want --remember they act like gods

It is their world, you are just living in it.

That yellow hat of yours certainly would have added some color to the room.

Humble

they don't seem to be in any more of a hurry to start that meeting than they have been to implement the position limits.

you might still have time to make that meeting if you leave now, turd!

http://www.capitolconnection.net/capcon/cftc/101811/CFTCwebcast-live.htm

happy birthday. you've got to be kidding.

This is a repost as I got tangled up in them and put it under one of Turds about three postings ago. I really wanted it viewed by as many as possible...I think it is important anyways.  

Ivars, I really appreciate you sharing your knowledge, here. I think one reason your ideas aren’t being seriously considered on Turds site is a context issue… or maybe, they are, and it’s not, and I’M just the last to figure it out.

I presume you’re from Russia or from an area close to there, and, no offense, but your writing is sometimes a bit misleading, for example, you wrote.

“Also, FED can print a lot and USD will not fall as no one wants it.” When I first read this, I thought you meant no one wanted our dollars and our dollars will appreciate in value.  Well, that didn’t make any sense, not until I read it several time and put it together with the rest of your message.

What I gather your intended message is, is that no other country wants our dollar to decrease in value as it’s on their “balance sheet”, and for this reason they won’t let it decrease. And how this happens is, it’s going to be a printing war, the U.S. against the rest of the world and the world will over whelm our efforts.

I would STRONGLY recommend that the “turites” read carefully what Ivars writes, it’s very compelling and makes a whole lot of sense.

Since it seem my one & only 'First' post from a few days ago is the only one that got moderated off the main thread, I thought I'd go ahead and repost it.

it's ok now.  dunn is done talking.  (and singing).

Is this commissioner serious? She believes that our financial system has done a good job of self-regulating?

She uses no less that one argument fallacy per minute. Too many to call out as she speaks!

She says the CFTC wil be blamed when position limits fail to control inflation. Then she says its not the CFTCs job to control prices! All this to justify her opposition... I can't bear to listen!

has the head of an Asian woman mounted on her desk.

creepy.

they got the early morning message from the cartel - at least so far.

You ask me, nothing's going to change.  I would like to be wrong, though.

Your post dovetails with my previous post:

As always thank you for your brilliant post.  There are a lot of advanced concepts there to digest, but perhaps the most important which I  agree with you, is that USD will enter a  deflationary period next year.  Once one accepts that, it changes the entire management of one's financial planning.  It is an extremely important point.

"Declining prices, if they persist, generally create a vicious spiral of negatives such as falling profits,  closing factories, shrinking employment and incomes, and increasing defaults on loans by companies and individuals. To counter deflation, the Federal Reserve (the Fed) can use monetary policy to increase the money supply and deliberately induce rising prices, causing inflation. Rising prices provide an essential lubricant for any sustained recovery because businesses increase profits and take some of the depressive pressures off wages and debtors of every kind."