First!

Holy balls, I can join the club! 

Edit* I used to be one of those people who always thought people who posted "first" were immature, annoying, etc. But for some reason, when I saw the opportunity to be ​that person, I couldn't resist the urge. ​Now I understand, turdites... it feels like I'm on top of the wooooorrrrrrrlllllddddd!

Ok I'm done now 

-_D

Back to lurking duties.

Guess who they are grooming for the world bank!( geithner is listed too)The next World Bank president: Bill Clinton?

http://www.guardian.co.uk/world/richard-adams-blog/2012/feb/15/world-ban...

2012 Gold and Silver predictions compiled by RealMoneyTracker:

Turd seems highly optimistic.  He shouldn't be.  The market is controlled.  It begins and ends where THEY want it, and it will continue to be that way until the industrial users realize there is no silver (or until the whistle is blown and someone actually listens).

Think what you want, though.  So long as you stack the phyzz.

...the paper price! At which point its purely a commodity that would cease production as its no longer cost efficient!

I would love to actually have somebody calculate the average worldwide mining->minting cost for all the PM's

...years?

See if we can find Nostradamus from the group, or if a group Nostradamus was close to reality?

Hello everyone.  It has been over 10 days since I wrote a post here or anywhere on the internet.  I have had my nose and brain stuck in research.  Let me tell you, what I have found AIN'T PRETTY.  My wife told me several years ago, I should get a hobby.  I did... it was researching and now writing.  It is a very cheap hobby.  My father builds and flies those expensive Radio controlled model airplanes.  Some of my other family members do other expensive hobbies, whereas I just waste it away on the internet.... only pennies a day.

Anyhow, the world is going to get a LIQUID ENERGY SUPPLY ENEMA of its life here shortly.  Very few realize that actual AVAILABLE NET EXPORTS of oil (minus China & India), have already declined from their peak of roughly 38 mbd (million barrels a day) in 2005 to only 35 mbd in 2010.  Available Net Exports are forecasted to decline to a staggering 16-18 mbd by 2020.  This is about half.

Mining analysts still forecast higher and higher global output of metals of all kinds for the next decade.  Here we can see that BRAIN DAMAGE is everywhere, not just in the Financial-Paper industry.

SILVER EAGLE SALES FALL COMPARED TO 2011

So far this year, the US Mint has sold 6.9 million silver eagles.  In the first two months of 2011 the US Mint sold 9.6 million silver eagles.  I do realize, that there will be more sales in Feb, but lets look at the numbers:

2011: First two months = 9.6 million silver eagles

2012: First 6 weeks = 6.9 million silver eagles

DIFFERENCE Of -28%

Again, we should have another 750,000-1,000,000 silver eagles for the rest of the month (maybe less).  But even though this looks bad, GOLD EAGLE SALES are even worse:

2011: First two months = 226,000 gold eagle oz

2012: First 6 weeks = 142,000 gold eagle oz

DIFFERENCE of -37%

So we can see that its ALL PRECIOUS METALS sales that are down.  A great deal of investors are DUMB as a BOX OF ROCKS.  There should be record volume of sales in both of these metals as the situation in the USA and World continues to disintegrate.  If the country and world stumbles along this next year, we could actually see a decline on Gold and Silver Eagle sales due to the INEPTNESS of investors.

I believe sales of gold and silver eagles will only go exponential right at the end the system.  And of course, this will be when it is TOO LATE.   Precious Metal Analysts have no clue just how bad the situation will become in the liquids fuel market in the next several years.  My fear is that a good percentage of JUNIOR MINING COMPANIES may become worthless due to the fact that both the supply of diesel (that runs the industry) and price will become prohibited for these mines to be commercial.

My gut tells me that if a METAL MINE is not commercial by 2015-2017, most will not become mines, but rather their low grade ore will stay firmly underground.  I hope I am wrong about this.

HAPPY TRADING....

I hate to ask folks but I need really good vibes and prayers for tomorrow. Have a job interview. Thank you so much in advance!

Wishing you luck and any good vibes/prayers I can send your way. 

@Silver Monkey Not sure but I can tell you the US might have hyperinflation due to its own policies, so you never know!

Hey Turd and All,

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From ' The California Resource Investment Conference...

Keynote speaker David Morgan?

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A lot of solid facts and interesting thoughts...bullish stuff.

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I recommend all you experts to view as i would like to know your thoughts... video is not a waste of time or rubbish...

Silver investment of the century...

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http://www.kitco.com/events/2012/cambridgehouse/california/keynotewinner.html

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Can one of you fine Turdites please help me post the video properly so it looks more appealing to view... im too baked.

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Fried(e)

[Done, as requested. Mod. Jeff.]

Never apologize for that-  you are among friends here.  May your path be illuminated, may doors open before you, and may you stride confidently through them to better things.  All the very best, brother.

Can't get the video to embed but here's the link

Presidential candidate and Congressman Ron Paul tells Alix Steel, of the Street, that a gold standard will become a reality when the current system fails and it’s in the process of failing.

http://blog.bmgbullion.com/preciousmetals/gold/ron-paul-gold-prices-could-hit-10000-video/

The diverse nature of the 17 countries brought together in monetary union has never been so apparent.

As Greece stands on the brink of bankruptcy, Germany, its financially disciplined and powerful eurozone peer looks down with disapproval on a country that for years lived beyond its means.

Greece may be in a bad state but it is not alone, and the eurozone's weakest economies have dragged down the strongest with them. As Howard Archer, economist at IHS Global Insight, puts it, the region "stuck one foot back through the recession door" in the fourth quarter of 2011, after the combined economy shrank by 0.3pc. The other foot is expected to join it in the coming months.

"We doubt that the eurozone will be able to avoid further contraction in the first quarter and very possibly the second as well in the face of tighter credit conditions, a further tightening in fiscal policy in many countries, the ongoing pressures facing consumers, and limited global growth," said Mr. Archer.

The Telegraph ...the link is here.

His interview with Eric King is no exception to that rule...and the blog is posted over at the King World Newswebsite...and the link is here.

The Indian government’s ill-advised statement last week that it will continue to purchase oil from Iran is a major setback for the US attempt to isolate the Iranian government over the nuclear issue. The New York Times reported Sunday that Indian authorities are actively aiding Indian firms to avoid current sanctions by advising them to pay for Iranian oil in Indian rupees. It may go even further by agreeing to barter deals with Iran – all to circumvent the sanctions regime carefully constructed by the United States and its friends and allies. According to the Times, India now has the dubious distinction of being the leading importer of Iranian oil.

This is bitterly disappointing news for those of us who have championed a close relationship with India. And it represents a real setback in the attempt by the last three American presidents to establish a close and strategic partnership with successive Indian governments.

Posted on The Christian Science Monitor website... link is here.

Paulson & Co., the hedge fund founded by billionaire John Paulson, cut its stake in the SPDR Gold Trust for the second straight quarter, while billionaire investor George Soros increased his holdings.

Paulson held 17.3 million shares in the exchange-traded fund backed by bullion as of Dec. 31, 15 percent less than the 20.3 million on Sept. 30, Securities and Exchange Commission filings showed. His holdings fell 45 percent from end-June, the first reduction in more than two years. He is still the biggest stakeholder. Vinik Asset Management LP, Tudor Investment Corp. and SAC Capital Advisors LP also sold shares. Lone Pine Capital LLC added holdings.

This story was posted at the moneynews.com website and the link is here.

I really liked the presentation... but he should have double-checked his sources.

The Chinese character for money actually is made up of GOLD and two spears.

He might have been thinking about the character for "treasure". Because that's the one that would come closest to something housing something valuable.... the problem is that the valuable thing being housed is jade.

:-)

doesn't make the presentation less interesting though.

I LOVED the Nigel Farage interview on KWN. What a stud. Great guy, straight shooter, explains things simply.

How about that ancedote where the rich former politicans are buying AK-47s to protect their property in Greece? Good stuff.

Brother John F is taking a close look at small place called Singapore and compares  it with Greece.

Today, Singapore has a highly developed market-based economy, based historically on extended entrepôt trade.s( a trading post where merchandise can be imported and exported without paying import duties, often at a profit.)The Singaporean economy is known as one of the freest,most innovative, most competitive,and most business-friendly. The 2011 Index of Economic Freedom ranks Singapore as the second freest economy in the world, behind Hong Kong. According to the Corruption Perceptions Index, Singapore is consistently ranked as one of the least corrupt countries in the world, along with New Zealand and the Scandinavian countries.

Singapore is the 14th largest exporter and the 15th largest importer in the world. The country has the highest trade-to-GDP ratio in the world at 407.9 percent, signifying the importance of trade to its economy. The country is currently the only Asian country to have AAA credit ratings from all three major credit rating agencies – Standard & Poor's, Moody's, and Fitch. Singapore attracts a lot of foreign direct investment because of its location, corruption-free environment, skilled workforce, low tax rates and advanced infrastructure. 

Singapore= 274 sg miles                          Greece 50.00.00 sg miles 11 min

Singapore= 5 mill population                  Greece 11 mil. population

GDP=291 bill$                                           GDP 318 bill

Singapore is a world leader in several economic areas: The country is the world's fourth leading financial centre, the world's second-biggest casino gambling market, one of the world's top three oil refining centres, the world's largest oil-rig producer, and a major ship-repairer. The port is one of the five busiest ports in the world. The World Bank has named Singapore as the easiest place in the world to do business and ranks Singapore the world's top logistics hub. It is also the world's fourth largest foreign-exchange trading centre after London, New York and Tokyo.

The percentage of unemployed economically active people above age 15 is about 2%

Greece with 20 % unemployment is drowning in debt, collapsing

Singapore has the world's highest percentage of millionaire households, with 15.5 percent of all households owning at least one million US dollars.

Despite its relative economic success, Singapore does not have a minimum wage, believing that it would lower its competitiveness. It also has one of the highest income inequality levels among developed countries, coming in just behind Hong Kong and in front of the United States.

Acute poverty is rare in Singapore, but the government has been criticised for not providing a comprehensive social-welfare safety net and for allowing some Singaporeans to fall through the cracks. The government has rejected the idea of a generous welfare system, stating that each generation must earn and save enough for its entire life cycle.  

Any wonder, Jim Rogers, on of the greatest traders in the world, self made man has made Singapore his home???

Conclusion. Socialism and large government brings powerty.

By the way, anybody on this site from Singapore????

No but have been there... I could make it home....sunny everyday!

BTW  no more a lurker .... now a new Turdite!

BREAKING: Kurt Haskell Exposes Government False Flag Operation During Underwear Bomber Sentencing

Exclusive: Personal Statement from Kurt Haskell, Delta 253 Passenger

Kurt Haskell
Infowars.com
Thursday, February 16, 2012

Every victim of a crime in Michigan is entitled to make a statement in open court regarding the impact of the crime on their life. The statement is limited to the victim’s physical, emotional and financial well being as it relates to the crime. Keep that in mind as you read my statement. Below is a copy of the victim impact statement I gave today at the Underwear Bomber sentencing hearing. When reading my statement, keep in mind that I am a practicing attorney in the State of Michigan. In addition, I regularly practice in the Court the hearings are taking place at and therefore, I am somewhat limited as to what I can say. We were limited to 5 minutes each.

I wish to thank the Court for allowing me these 5 minutes to make my statement. My references to the government in this statement refer to the Federal Government excluding this Court and the prosecution. On Christmas Day 2009, my wife and I were returning from an African safari and had a connecting flight through Amsterdam. As we waited for our flight, we sat on the floor next to the boarding gate. What I witnessed while sitting there and subsequent events have changed my life forever. While I sat there, I witnessed Umar dressed in jeans and a white t-shirt, being escorted around security by a man in a tan suit who spoke perfect American English and who aided Umar in boarding without a passport. The airline gate worker initially refused Umar boarding until the man in the tan suit intervened. The event meant nothing to me at the time. Little did I know that Umar would try to kill me a few hours later as our flight approached Detroit. The final 10 minutes of our flight after the attack were the worst minutes of my life. During those 10 minutes I sat paralyzed in fear. Unfortunately, what happened next has had an even greater impact on my life and has saddened me further.

When we landed, I was shocked that our plane taxied up to the gate. I was further shocked that we were forced to sit on the plane for 20 minutes with powder from the so called bomb all over the cabin. The officers that boarded the plane did nothing to ensure our safety and did not check for accomplices or other explosive devices. Several passengers trampled through parts of the bomb as they exited the plane. We were then taken into the terminal with our unchecked carry on bags. Again, there was no concern for our safety even though Umar told the officers that there was another bomb on board as he exited the plane. I wondered why nobody was concerned about our safety, accomplices or other bombs and the lack of concern worried me greatly. I immediately told the FBI my story in order to help catch the accomplice I had seen in Amsterdam. It soon became obvious that the FBI wasn’t interested in what I had to say, which upset me further. For one month the government refused to admit the existence of the man in the tan suit before changing course and admitting his existence in an ABC News article on January 22, 2010. That was the last time the government talked about this man. The video that would prove the truth of my account has never been released. I continue to be emotionally upset that the video has not been released. The Dutch police, meanwhile, in this article (show article), also confirmed that Umar did not show his passport in Amsterdam which also meant that he didn’t go through security as both are in the same line in Amsterdam. It upsets me that the government refuses to admit this fact.

I became further saddened from this case, when Patrick Kennedy of the State Department during Congressional hearings, admitted that Umar was a known terrorist, was being followed, and the U.S. allowed him into the U.S. so that it could catch Umar’s accomplices. I was once again shocked and saddened when Michael Leiter of the National Counter terrorism Center admitted during these same hearings that intentionally letting terrorists into the U.S. was a frequent practice of the U.S. Government. I cannot fully explain my sadness, disappointment and fear when I realized that my government allowed an attack on me intentionally.

During this time, I questioned if my country intentionally put a known terrorist onto my flight with a live bomb. I had many sleepless nights over this issue. My answer came shortly thereafter. In late 2010, the FBI admitted to giving out intentionally defective bombs to the Portland Christmas Tree Bomber,the Wrigley Field Bomber and several others. Further, Mr. Chambers was quoted in the Free Press on January 11, 2011 when he indicated that the government’s own explosives experts had indicated that Umar’s bomb was impossibly defective. I wondered how that could be. Certainly, I thought, Al Qaeda wouldn’t go through all of the trouble to plan such an attack only to provide the terrorist with an impossibly defective bomb.

I attended nearly all of the pretrial hearings. At the hearing on January 28, 2011, I was greatly disappointed by the prosecution’s request to block evidence from Mr. Chambers “as it could then be able to be obtained by third parties, who could use it in a civil suit against the government”. It really bothered me that the government apparently was admitting to wrongdoing of some kind as it admitted that it was concerned it would be sued. It further upset me to know that the government was putting its own interests ahead of those of the passengers.

• A d v e r t i s e m e n t
• 

  

When I attended the jury selection hearings, I questioned why versions of the same two questions kept coming up, those being:

1. Do you think you’ll be able to tell whether something is actually a bomb? and
 2. Do you realize that sometimes the media doesn’t always tell the truth?

I continued to be greatly saddened at this point as I felt the truth continued to be hidden.

When Umar listed me as his only witness, I was happy to testify, not on his behalf, but on behalf of the truth. I never expected to testify, as my eyewitness account would have been too damaging to the myth that the government and media are putting forward. A mere 5 days after I was announced as a witness, there was an inexplicable guilty plea which exasperated me as I no longer would be testifying.

In closing I will just say that regardless of how the media and government try to shape the public perception of this case, I am convinced that Umar was given an intentionally defective bomb by a U.S. Government agent and placed on our flight without showing a passport or going through security, to stage a false terrorist attack to be used to implement various government policies.

The effect this matter has had on my life has been astounding and due to this case, I will never trust the government in any matter, ever.

In regards to sentencing, nothing I’ve said excuses the fact that Umar tried to kill me. He has waived his valid claim to the entrapment defense. Umar, you are not a great Muslim martyr, you are merely a “Patsy”. I ask the court to impose the mandatory sentence.

Lol I about crapped myself when I read the Monty Python reference.  I had a huge old grin on my face! Silver has been such a stud muffin lately.  So is this TF guy!