Easter Weekend - BLSBS - Open Thread

It's a 3-day holiday weekend. Markets are closed in the U.S. Too bad, too, as the metals would have seen a pop today.

As this is a holiday, I'll keep this brief with a few links links lifted from ZH that should begin the conversation. First up,  this Lee Adler piece discussing the outright manipulation of the BLSBS data:

http://www.zerohedge.com/contributed/2012-14-05/nonfarm-payrolls-should-fall-377000-they-won’t

Next, here's the report of the actual data. (All the political incentive to goose these numbers and the best they could do was a lousy +120,000? Yikes! And the drop in the headline number to 8.2% is simply based upon a big reduction of the total number of people "in the labor force".)

http://www.zerohedge.com/news/nfp-big-miss-120k-expectations-205k-unemployment-82

http://www.zerohedge.com/news/average-march-seasonal-adjustment-factor-824600

Lastly, a lot of talk about the Blythe Master interview yesterday on CNBS. Watching the video is fine and it's included in this ZH link. What you really need to read, however, is "Tyler's" reporting of it. Absolutely spot on analysis. For whatever reason. "Tyler" never overtly joins the goldbug camp. However, it is quite clear that, deep down, he is one of us.

http://www.zerohedge.com/news/blythe-masters-blogosphere-silver-manipulation-its-gold-axed-clients-and-doing-wrong-thing

I'll stop there lest someone think that Harvey Organ has taken over as guest "Turd" for the day. I hope that everyone has a safe, relaxing and fun holiday weekend. Get ready for a wild week next!  TF

275 Comments

tpbeta's picture

First

Proof that I waste too much time on the Internet. Better go and read the article now.

PuraVida's picture

Lies, Damn Lies, and Statistics.

Stepping away from the stress of the "market" for the weekend to focus on what's really important...friends and family. Hope everyone has a wonderful weekend with their family!

Turd Ferguson's picture

I love the Evil Knievel

MODERATOR

I love the Evil Knievel avatar!

waxybilldupp's picture

Congrats on the Turd Thurd

Nicely done Mayor

Mickey's picture

Jobs

anybody think that the smackdown early this week was not contrived? We have a Friday with markets closed and jobs number sucks. Retail jobs down, average workweek down. 90k jobs added via birth death model.

Equity futures down.

So the two reasons why QE  is not needed right now (which is all BS anyway since its the printing to cover deficits that drives everything) is low inflation and improving economy. Scratch improving economy  and scratch low inflation. Well, we have monetary inflation and if velocity ever hits good night Irene,  but we cant have velocity since the banks need to keep the gifts which keep on coming.

We have a bunch of numbnuts running the show.

Turd Ferguson's picture

I forgot to add the latest from Mike Krieger

MODERATOR

The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations.

Each central bank... sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.

- Carroll Quigley (Bill Clinton’s mentor at Georgetown) from his 1964 book Tragedy and Hope

Crime Once Exposed Has no Refuge but in Audacity.

- Tacitus

Central Planning for Dummies: There Will Be QE

For several years now I have been sounding the alarm that if you want to be engaged in the financial markets you need to assume that markets are being managed (rigged) more aggressively than at any moment in any of our lives.  The Bernank and others on Wall Street and the District of Criminals understand that the situation is pretty much hopeless.  Ever since 2008 they have had one strategy.  From a monetary and fiscal standpoint, that strategy has been to pump massive amounts of liquidity into the system while at the same time borrow enormous amounts of money.  The thinking was that this would stabilize the situation, create confidence and thus ultimately a dynamic sustainable recovery.  They certainly bought a few years with this plan but confidence has not returned, nor has there been any sustainable recovery.  What we need to understand at the moment is that The Bernank and all of his fellow Keynesian Central Planning magicians know that they have failed.  This is why he is running around on college campuses presenting his sad and intellectually dishonest presentation of propaganda that even a six year old could refute.  In fact several people have done just that.  Here is one good article on it.  http://www.zerohedge.com/news/guest-post-open-letter-ben-bernanke.  Moreover, Jim Grant recently gave an incredible speech at the belly of the beast itself -The New York Federal Reserve –where he completely undresses the Fed right to their face.  You must read this one.  http://www.zerohedge.com/news/must-read-jim-grant-crucifies-fed-explains-why-gold-standard-best-option


So what we need to understand is that we are in one of the most dangerous phases of this crisis at the moment.  The priests of fiat are being attacked from all sides.  People have awoken to the Fed and how criminal and deceitful this organization is and the existential threat it poses to economic freedom and hence human liberty.  The arguments against the Fed are blistering and the only rebuttal the Fed has is to spout the same old nonsense like “we saved the world” or some trite derivative of this fallacy.  The only thing they saved are untalented speculators from their bad bets.  What the Fed has systematically done is literally transfer all of the bad debts and bets from the banks to the taxpayer.  We are living this reality to this day.  This fact is becoming increasingly understood throughout society, hence the emergence of the tea party and then last year’s Occupy Wall Street movement.  So the thing I want my readers to really internalize is that the Fed and indeed TPTB generally are getting slaughtered in the intellectual arena and they know it.  As a result, they feel cornered and will thus act increasingly aggressive to prove they are right and everyone else is wrong. 

As I have said many, many times before, The Bernank needs to create more money and he knows it.  He is irate beyond belief that his academic theories have not worked.  He is furious that he can’t make the housing market come back to life.  He is having a temper tantrum that people actually have the nerve to link printing trillions of dollars to the rise in commodity prices.  He wants to launch QE3 this quarter but he feels like public opinion is against him (he’s right) and Obama is having his own little panic attack about gasoline prices and the election.  So what’s a Central Planner to do?  Well, exactly what they have been doing as of late.  Lie.

The release of Tuesday’s Fed minutes was unlike any I have witnessed before.  The Fed minutes are usually interesting to read through and every now and again have some very useful nuggets in them.  That said, I have never seen them used as a way to make a statement and impact markets as was the case with the latest release.  As soon as it came out there was the red Bloomberg headline “FOMC Saw No Need to Ease Anew Unless Growth Slows, Minutes Show.”  After this came out the markets sold off but in particular gold was raided aggressively.  I had noticed the weakness in mining shares in the morning (which is almost always a signal a raid is coming) and I mentioned this to a few friends.  There is no way in a free market I could have foreseen this raid so easily.  The reason I could see it ahead of time is because this was a very well orchestrated attack on an asset TPTB are desperately afraid of.  Gold to Central Bankers is like Sunlight to Vampires. 

What I found most interesting is that several people seemed confused.  I read statements like “ I don’t know why the markets reacted this way, they said nothing new!”  The markets reacted the way they did because that was what the Central Planners wanted.  I mean who “reacted” that way to the minutes?  A few PPT machines? There is no volume in the markets, retail is dumping stocks week after week and prices are being set at the margin by manipulators in a futile attempt to bolster confidence (hasn’t worked in four years so they are doubling down on the strategy of course!)  Despite the nonsense they say about not needing to do QE3 because the economy is better, the exact opposite is true and they know it.  They also know the minute they announce anything gold, silver, oil and other commodities will surge to the stratosphere.  That said, the goal is to try anything they can to get oil and precious metals as depressed as possible ahead of the announcement.  That is what the Fed minutes announcement operation was all about.  While they have knocked precious metals down, oil is proving to be a much harder nut to crack.  This is very interesting because it appears that these clowns have gotten as much mileage as they can out of the “we don’t need more stimulus” lie.  What will they come up with next?  I don’t know but I do know that the Federal Reserve and TPTB understand they are fighting for their lives and their survival.  They will pull out any and every trick in the book before they die.  The more cornered they have become they more aggressively they have acted.  Watching the most powerful people on the planet fight their inevitable demise has been and will continue to be fascinating and frustrating.  They will fight and fight.  They will rig and rig.  They will lie and lie.  Until one day the whole thing will end seemingly overnight.  They will vanish into history, disgraced and remembered for time immemorial as some of the biggest fools in world history.

Dave Janda Interview        

Recently I recorded another radio interview with Dr. Dave Janda out of Michigan.  Dave is one of the most tireless freedom fighters I have ever encountered.  He has been doing it all of his adult life and I am very proud to be in the trenches with him during the most important battle of any of our lives.  You can hear my interview here. http://www.davejanda.com/audio/MichaelKreiger032512.mp3  Please take a listen.

Belligerent Act.Org

A friend of mine recently created this website to help protest the NDAA and get the word out http://belligerentact.org/.  Not only is it a good summary of how TPTB are attempting to put a police state in place ahead of the increased rebellion they know is coming once a critical mass of the citizenry get a handle on just how badly they have been systematically looted by the crony capitalist mafia, but it also allows you to put a “Belligerent Act” banner at the top of your website as a sign of support and means of getting the word out.

Owe The IRS?  Bill Would Suspend Passport Rights For Delinquent Taxpayers  

I want to end with a very short but very telling article regarding the potential loss of travel privledges at the hands of the IRS.  Here are some key quotes:

A bill authored by a Southland lawmaker that could potentially allow the federal government to prevent any Americans who owe back taxes from traveling outside the U.S. is one step closer to becoming law. Senate Bill 1813 was introduced back in November by Senator Barbara Boxer (D-Los Angeles) to “reauthorize Federal-aid highway and highway safety construction programs, and for other purposes” .

However, there does not appear to be any specific language requiring a taxpayer to be charged with tax evasion or any other crime in order to have their passport revoked or limited — only that a notice of lien or levy has been filed by the IRS.

http://losangeles.cbslocal.com/2012/04/04/owe-the-irs-bill-would-suspend-passport-travel-rights-for-delinquent-taxpayers/

Hmmmm, interesting isn’t it.  You don’t need to be charged!  All that needs to happen is a notice filed.  Just like the NDAA allows the government to imprison you without a trial.  Just like the recent executive order Obama signed that allows him to take over the entire economy in any “emergency” whether in peacetime or war.  The bottom line is this.  This sort of legislation doesn’t happen ahead of an economic recovery.  It happens ahead of a collapse.  Welcome to the recovery! 

Peace and wisdom,
Mike    

¤'s picture

Thanks ...

..and good morning.  Hot Chocolate

I hope everyone has a safe and relaxing holiday weekend!Egg Painting 2

http://www.tfmetalsreport.com/forums/frivolity-forum

Chocolate Bunny

MisesFan's picture

re: Carroll Quigley

I highly recommend this broadcast by William Cooper

http://conspiracyscope.blogspot.com/2011/02/william-cooper-proves-new-world-order.html

Complete William Cooper broadcast collection

http://www.hourofthetime.com/wordpresstest/?page_id=7576

DavidSilverSwe's picture

easter

Hopefully a not too crazy weekend in front of us, in regards to markets and all that jazz.

abguy4's picture

Follow-up to Mike Krieger -- ala Turd

Ever Wondered Just Who Is The Committee of 300?

Read 'em and Weep

Committeeof300150x150.jpg

It is said they are a tight-knit group of elitists who have been pulling the strings of our various governments and ruling all our lives.

But have you ever wondered exactly who the members of the Committee of 300 are? I know I have.

So, just in case you didn’t know who they all are;

The Committee of 300 governs the world via a three-city state empire, in which the cities pay no taxes and obey their own laws.

City of London Corporation – Financial power centre, established in 1067
District of Columbia – Military power centre, established in 1871
Vatican City – Religious power centre, sovereign in 1929

The Committee of 300 uses a network of roundtable groups, think tanks and secret societies which control the world’s largest financial institutions and governments. The most prominent of these groups include Chatham House, Bilderburg Group, Trilateral Commission, Council on Foreign Relations, Ditchley Foundation, Club of Rome, RAND Corporation, PNAC and of course Freemasonry.

Western Europe, excluding the German Empire, was united by the House of Guelph in 1815. The German Empire was conquered in 1918 along with the Russian Empire and the Ottoman Empire following World War I. The thousand year war between the Guelph’s and Ghibelline’s finally concluded with the Axis defeat in WWII, and the introduction of nuclear weapons, since then the world has been under monopolist control.

The victors of WWII play off the Germanic race as losers in that ideologically staged war. The Germanic race was in fact spectacular winners, crushing the mighty Japanese Empire and recapturing control over the Holy Land. Communism was allowed to spread through Eastern Europe and Asia, proving to be a superior method of conquering peoples than warfare. Communism in the forms of socialism, Outcome Based Education and slanted mass media has spread through the western world converting people by suggestion to Marxist-Leninist ideology.

Following WWII in 1946 the Tavistock Institute was established in London with a grant from the Rockefeller Foundation. Tavistock’s pioneer work in behavioural science along Freudian lines of ‘controlling’ humans established it as the world centre of foundation ideology. “All Tavistock and American foundation techniques have a single goal—to break down the psychological strength of the individual and render him helpless to oppose the dictators of the World Order. Any technique which helps to break down the family unit, and family inculcated principles of religion, honour, patriotism and sexual behaviour, is used by the Tavistock scientists as weapons of crowd control.”

Some names I know.  Some I don’t. You may.

But there are enough well known faces from world politics – past and present, royalty, the church and financial families for me to relate to.

And so, for posterity’s sake, here they are.

Current Membership List of The Committee of 300

Abdullah II, King of Jordan
Abramovich, Roman
Ackermann, Josef
Adeane, Edward
Agius, Marcus
Ahtisaari, Martti
Akerson, Daniel
Albert II, King of Belgium
Alexander, Crown Prince of Yugoslavia
Amato, Giuliano
Anderson, Carl A.
Andreotti, Giulio
Andrew, Duke of York
Anne, Princess Royal
Anstee, Nick
Ash, Timothy Garton
Astor, William Waldorf
Aven, Pyotr
Balkenende, Jan Peter
Ballmer, Steve
Balls, Ed
Barroso, José Manuel
Beatrix, Queen of the Netherlands
Belka, Marek
Bergsten, C. Fred
Berlusconi, Silvio
Bernake, Ben
Bernstein, Nils
Berwick, Donald
Bildt, Carl
Bischoff, Sir Winfried
Blair, Tony
Blankfein, Lloyd
Blavatnik, Leonard
Bloomberg, Michael
Bolkestein, Frits
Bolkiah, Hassanal
Bonello, Michael C
Bonino, Emma
Boren, David L.
Borwin, Duke of Mecklenburg
Bronfman, Charles
Bronfman, Edgar Jr.
Bruton, John
Brzezinski, Zbigniew
Budenberg, Robin
Buffet, Warren
Bush, George HW
Cameron, David
Camilla, Duchess of Cornwall
Cardoso, Fernando Henrique
Carington, Peter
Carl XVI Gustaf, King of Sweden
Carlos, Duke of Parma
Carney, Mark
Carroll, Cynthia
Caruana, Jaime
Castell, Sir William
Chan, Anson
Chan, Margaret
Chan, Norman
Charles, Prince of Wales
Chartres, Richard
Chiaie, Stefano Delle
Chipman, Dr John
Chodiev, Patokh
Christoph, Prince of Schleswig-Holstein
Cicchitto, Fabrizio
Clark, Wesley
Clarke, Kenneth
Clegg, Nick
Clinton, Bill
Cohen, Abby Joseph
Cohen, Ronald
Cohn, Gary
Colonna di Paliano, Marcantonio, Duke of Paliano
Constantijn, Prince of the Netherlands
Constantine II, King of Greece
Cooksey, David
Cowen, Brian
Craven, Sir John
Crockett, Andrew
Dadush, Uri
D’Aloisio, Tony
Darling, Alistair
Davies, Sir Howard
Davignon, Étienne
Davis, David
de Rothschild, Benjamin
de Rothschild, David René
de Rothschild, Evelyn
de Rothschild, Leopold
Deiss, Joseph
Deripaska, Oleg
Dobson, Michael
Draghi, Mario
Du Plessis, Jan
Dudley, William C.
Duisenberg, Wim
Edward, Duke of Kent
Edward, Earl of Wessex
Elizabeth II, Queen of the United Kingdom
Elkann, John
Emanuele, Vittorio, Prince of Naples
Ernst August, Prince of Hanover
Feldstein, Martin

Ferguson, Turd
Festing, Matthew
Fillon, François
Fischer, Heinz
Fischer, Joschka
Fischer, Stanley
FitzGerald, Niall
Franz, Duke of Bavaria
Fridman, Mikhail
Friso, Prince of Orange-Nassau
Gates, Bill
Geidt, Christopher
Geithner, Timothy
Georg Friedrich, Prince of Prussia
Gibson-Smith, Dr Chris
Gorbachev, Mikhail
Gore, Al
Gotlieb, Allan
Green, Stephen
Greenspan, Alan
Grosvenor, Gerald, 6th Duke of Westminster
Gurría, José Ángel
Hague, William
Hampton, Sir Philip
Hans-Adam II, Prince of Liechtenstein
Harald V, King of Norway
Harper, Stephen
Heisbourg, François
Henri, Grand Duke of Luxembourg
Hildebrand, Philipp
Hills, Carla Anderson
Holbrooke, Richard
Honohan, Patrick
Howard, Alan
Ibragimov, Alijan
Ingves, Stefan
Isaacson, Walter
Juan Carlos, King of Spain
Jacobs, Kenneth M.
Julius, DeAnne
Juncker, Jean-Claude
Kenen, Peter
Kerry, John
King, Mervyn
Kinnock, Glenys
Kissinger, Henry
Knight, Malcolm
Koon, William H. II
Krugman, Paul
Kufuor, John
Lajolo, Giovanni
Lake, Anthony
Lambert, Richard
Lamy, Pascal
Landau, Jean-Pierre
Laurence, Timothy
Leigh-Pemberton, James
Leka, Crown Prince of Albania
Leonard, Mark
Levene, Peter
Leviev, Lev
Levitt, Arthur
Levy, Michael
Lieberman, Joe
Livingston, Ian
Loong, Lee Hsien
Lorenz of Belgium, Archduke of Austria-Este
Louis Alphonse, Duke of Anjou
Louis-Dreyfus, Gérard
Mabel, Princess of Orange-Nassau
Mandelson, Peter
Manning, Sir David
Margherita, Archduchess of Austria-Este
Margrethe II, Queen of Denmark
Martínez, Guillermo Ortiz
Mashkevitch, Alexander
Massimo, Stefano, Prince of Roccasecca dei Volsci
Massimo-Brancaccio, Fabrizio Prince of Arsoli and Triggiano
McDonough, William Joseph
McLarty, Mack
Mersch, Yves
Michael, Prince of Kent
Michael, King of Romania
Miliband, David
Miliband, Ed
Mittal, Lakshmi
Moreno, Glen
Moritz, Prince and Landgrave of Hesse-Kassel
Murdoch, Rupert
Napoléon, Charles
Nasser, Jacques
Niblett, Robin
Nichols, Vincent
Nicolás, Adolfo
Noyer, Christian
Ofer, Sammy
Ogilvy, Alexandra, Lady Ogilvy
Ogilvy, David, 13th Earl of Airlie
Ollila, Jorma
Oppenheimer, Nicky
Osborne, George
Oudea, Frederic
Parker, Sir John
Patten, Chris
Pébereau, Michel
Penny, Gareth
Peres, Shimon
Philip, Duke of Edinburgh
Pio, Dom Duarte, Duke of Braganza
Pöhl, Karl Otto
Powell, Colin
Prokhorov, Mikhail
Quaden, Guy
Rasmussen, Anders Fogh
Ratzinger, Joseph Alois (Pope Benedict XVI)
Reuben, David
Reuben, Simon
Rhodes, William R.
Rice, Susan
Richard, Duke of Gloucester
Rifkind, Sir Malcolm
Ritblat, Sir John
Roach, Stephen S.
Robinson, Mary
Rockefeller, David Jr.
Rockefeller, David Sr.
Rockefeller, Nicholas
Rodríguez, Javier Echevarría
Rogoff, Kenneth
Roth, Jean-Pierre
Rothschild, Jacob
Rubenstein, David
Rubin, Robert
Ruspoli, Francesco, 10th Prince of Cerveteri
Safra, Joseph
Safra, Moises
Sands, Peter
Sarkozy, Nicolas
Sassoon, Isaac
Sassoon, James
Sawers, Sir Robert John
Scardino, Marjorie
Schwab, Klaus
Schwarzenberg, Karel
Schwarzman, Stephen A.
Shapiro, Sidney
Sheinwald, Nigel
Sigismund, Grand Duke of Tuscany, Archduke of Austria
Simeon of Saxe-Coburg and Gotha
Snowe, Olympia
Sofía, Queen of Spain
Soros, George
Specter, Arlen
Stern, Ernest
Stevenson, Dennis
Steyer, Tom
Stiglitz, Joseph
Strauss-Kahn, Dominique
Straw, Jack
Sutherland, Peter
Tanner, Mary
Tedeschi, Ettore Gotti
Thompson, Mark
Thomson, Dr. James
Tietmeyer, Hans
Trichet, Jean-Claude
Tucker, Paul
Van Rompuy, Herman
Vélez, Álvaro Uribe
Verplaetse, Alfons
Villiger, Kaspar
Vladimirovna, Maria, Grand Duchess of Russia
Volcker, Paul
von Habsburg, Otto
Waddaulah, Hassanal Bolkiah Mu’izzaddin, Sultan of Brunei
Walker, Sir David
Wallenberg, Jacob
Walsh, John
Warburg, Max
Weber, Axel Alfred
Weill, Michael David
Wellink, Nout
Whitman, Marina von Neumann
Willem-Alexander, Prince of Orange
William Prince of Wales
Williams, Dr Rowan
Williams, Shirley
Wilson, David
Wolfensohn, James
Wolin, Neal S.
Woolf, Harry
Woolsey, R. James Jr.
Worcester, Sir Robert
Wu, Sarah
Zoellick, Robert

http://the2012scenario.com/2012/04/ever-wondered-just-who-is-the-co...

RaRaRasputin's picture

JPMorgan Trader Accused Of "Breaking" CDS Index Market

JPMorgan Trader Accused Of "Breaking" CDS Index Market With Massive Prop Position

"A JPMorgan Chase & Co. trader of derivatives linked to the financial health of corporations has amassed positions so large that he’s driving price moves in the multi-trillion dollar market, according to traders outside the firm." Say what? A JPMorgan trader has a prop (not flow, not client, not non-discretionary) position so big it is moving the entire market? And we are talking hundreds of billions of CDS notional. But... that would mean everything Blythe said (yesterday) is one big lie...

http://www.zerohedge.com/news/jpmorgan-trader-accused-breaking-cds-index-market-massive-prop-position

Oops slip of the tongue there Blythe?

RaRa

Bobbejaan's picture

Thoughts from Bert Gummer's MonkeyUncle

Quote:
@ dby13 said :-

xty - I did feel a little guilty about joining to post a negative comment on a site that I admire. Alas, contentment and happiness don't inspire action as much as provocation. 
&
A measured service - on the side of good and righteousness and all that - deserves to succeed and, indeed, snowball.
&
And with that, I shall retire back to lurking.

@ dby13 ----> I hope NOT, as I for one appreciated your valuable food for thought & insights.

I am NOT a trader and I do NOT trust "the PTB Paper Markets" in the slightest degree, so this counterstrike-plan would not be for someone like me .... BUT like yourself, I must admit that I was somewhat "disconcerted" at the quasi-crusading-tone of the podcast (as you posted earlier).

Quote:
a professional trader won't go near a service that uses phrases like -

‘Let’s get an army together’ ‘Use the cartels tactics’ ‘fight against the cartel’ ‘A turd army’ ‘This is a war’ ‘Troops being caught in the crossfire’ ‘We want to recruit an army’

That's an appeal to amateurs who fantasize about winning a Holy Crusade, while going broke in the process.

HOWEVER ... After further thought, I concluded that that tone could be interpreted TWO different ways .... (1) being the face-value "Holy Crusade" nature that it initially sounded like to me, or (2) a not-so-well-phrased "Call to Arms" for Maverick (but logically-self-interested)  Bert-Gummer libertarian-type traders.

As I'm something of a maverick Bert Gummer type myself (& Turd also strikes me as a strong Bert Gummer character), this plan for an ironic turning-of-my-enemy's-strengths-against-itself in my own "Darwinist self-interests" would probably be of interest to me IF I were a trader (whereas a "Holy Crusade" would NOT) ... So I have chosen to regard the podcast in its 2nd/latter interpretation (YMMV), and a resistance-type army of bloody-minded Bert Gummers hiding behind every financial rock & "Dip" strikes me as more threatening to TPTB over the longer-term than a single largish "entity" that can be more readily "targeted" by them (P.A.G.E. anyone???)

Best Regards

Bobbejaan Gummer devil laugh

cliff 567's picture

http://www.tfmetalsreport.com/comment/151307#comment-151307

Turd Ferguson on the committee of 300?

OrangeAlert's picture

Turd on 300

Hey Turd, can you pull the strings and make Gold go up $300/oz and Silver $15/oz next week?  I would appreciate it.  Then you can smash it back down at the end of the week.  Thanks, you're the best!

pbfurn's picture

Timely Missive from Santa

Coincidentally, he discusses the subject matter of the AM/TF podcast.

http://www.jsmineset.com/

Dyna mo hum's picture

abguy 4 Hey Turd WTF

I see you have Turd listed as a member of the committee of 300. Wtf is he a spy on our behalf ?

Turd Ferguson's picture

Silver being set up for TMASS

MODERATOR

(The Mother of All Short Squeezes)

Back on Wednesday, silver declined $2.22, when you factor in the Tuesday Globex beatdown. The OI numbers basis Wednesday were reported yesterday and the total silver OI rose by 650 contracts to 117,088. The only higher OI number this year was on Friday, 2/24 at 118,204.

The question is: Are the spec shorts being set up for fleecing just as the spec longs were set up back at the end of February? The CoT later today will provide some clues. The CoT next Friday will provide even more.

Ahead of this week's CoT, here are the raw numbers for the reporting period:

Gold: down $15 in price and down about 9,600 contracts of OI.

Silver: UP $0.65 in price and UP about 6,600 contracts of OI.

Turd Ferguson's picture

For comic relief, I edited

MODERATOR

For comic relief, I edited the comment and inserted myself into the list.

I was wondering how long it would take someone to notice.surprise

Big Buffalo's picture

Lear Capital - FREE SHIPPING

For those buying some GOLD and SILVER this weekend.

Check out Lear Capital.

http://www.learcapital.com/

Prices are very competitive and with FREE SHIPPING and Insurance, hard to beat.

Use coupon code "51CF9"

Must be first time buyer with them, and a minimum of $1500.00

Good Luck Everyone. (sorry posting this again, just wanted to make sure the weekend viewers don't miss this from the last post)

Ircsum's picture

Thanks, Turd.

That's a great piece from Mike Krieger. The nightmare draws closer. sad

Strongsidejedi's picture

Response to BLS bureaucrats and lying ass Fed Reserve gov's

It looks like the galaxy has already responded to the BLS data.

I really hate it when the Hutt and the Sith laugh.  Their laughs are like nails on a chalkboard.

Strongsidejedi signing off for a few days....

See you all at the rendezvous at Tatooine (Monday morning). 

Bobbejaan's picture

Lawfully Good -vs- Lawfully Evil

Quote:
(From the Podcast Thread) .....

The Government can now strip search you for any Arrest....
Submitted by Be Prepared on April 6, 2012 - 12:36pm.


The Government now has the tools to legally humiliate you into submission.... Pretty soon, they won't even have to arrest you to strip search you.... it will be any time they feel like stopping you.

"The Three Laws of Bobbejaan Gummer" (a self-confessed non-robotic individual) :-

1 ..... Be suspicious of the word lawful. When used, is is often to conceal evil.

2 ..... Do good shit, regardless of what the law says.

3 ..... If you’re working for a lawfully evil system, you’re doing evil shit, even if it’s lawful.

Quote:
There’s a big difference in how activists and bureaucrats view the world. In the view of bureaucrats, anything lawful is right by definition. In contrast, activists don’t care whether something is lawful, they care whether it’s good and just. Bureaucrats generally do not understand the difference.

This distinction, and the lack of awareness of it, has caused much confusion and antagonization. It is perfectly possible to be totally in accordance with the law, and yet utterly evil. If you are a civil servant on the inside of the system, you would typically mistake “according to law” with “just”. This is simply not the case.

Us nerds who played Dungeons & Dragons in our teens remember that there was a game mechanic called alignment — more or less a person’s attitude towards law and karma. You had to place yourself on two distinct and orthogonal scales — whether you respected the law, and whether you would strive to do good or evil things. These were unrelated.

In a land where the law is evil, the people who serve the law blindly are equally evil. Lawfully evil. Let me explain this with a sequence of examples. .......

REST OF THE ARTICLE (Highly Recommended for ALL the Burt Gummers of the world) :- 

http://falkvinge.net/2011/07/01/lawfully-good-lawfully-evil/

¤'s picture

Lol!

Geez!  I knew that wasn't there earlier. Hmm

Good one! 

Be Prepared's picture

The Real Employment Picture

It's easy to make the world a rosy place when you decide to make people disappear from being counted....  and the jobs that are being created have lower wages with no benefits..... Hooray.... everything is fixed...

87,897,000 people are going into this Easter weekend wondering if they will ever see a job again...

The Real Employment Picture..

¤'s picture

Interesting indeed ~ Found the link

I just caught this over at JSMineset.com

"Interestingly, the Asian buyers have figured out the algorithms, like breaking an enemy’s code in war, and they are using the algorithmic trading to get the best prices each day for physical gold at these levels."

I'm no trader like some of you and I saw a comment over at pailins trading corner today where someone mentioned the same thing about the algo's being off or very different.

It seems entirely possible and likely that's the case. Was it that espionage incident where the guy from China was caught in NY hacking the algo/HFT programs back in November or December that has led to the market rhythm being disturbed or greatly altered? I don't know. 

I'm looking for the article as a source of reference and will edit it in if I can find it.

Finally!  Found it...

U.S. charges Chinese man with NY Fed software theft

(Reuters) - U.S. prosecutors arrested a Chinese computer programmer on charges he stole software code valued at nearly $10 million from the Federal Reserve Bank of New York.

Bo Zhang, 32, of Queens, New York, worked as a contract programmer at the bank. He was accused of illegally copying software to an external hard drive, according to a criminal complaint filed in U.S. district court in Manhattan.

The code, called the Government-wide Accounting and Reporting Program (GWA), was developed to help track the billions of dollars the United States government transfers daily.

http://www.reuters.com/article/2012/01/19/us-nyfed-theft-idUSTRE80H27L20120119

Be Prepared's picture

He who controls the Spice....

controls the Universe....  Please step in line for the installation of your Heart Plug....

_____________________________________________________________________

Lawfully Good -vs- Lawfully Evil

by  Bobbejaan

Quote:

(From the Podcast Thread) .....

The Government can now strip search you for any Arrest....
Submitted by Be Prepared on April 6, 2012 - 12:36pm.


The Government now has the tools to legally humiliate you into submission.... Pretty soon, they won't even have to arrest you to strip search you.... it will be any time they feel like stopping you.

"The Three Laws of Bobbejaan Gummer" (a self-confessed non-robotic individual) :-

1 ..... Be suspicious of the word lawful. When used, is is often to conceal evil.

2 ..... Do good shit, regardless of what the law says.

3 ..... If you’re working for a lawfully evil system, you’re doing evil shit, even if it’s lawful.

Dr G's picture

Especially nice vibe around

Especially nice vibe around here today. I hope everybody gets to relax a bit somehow this weekend. Hopefully many of you have a long weekend. Spend it with family, spend it doing something you like, ignore gold and silver for a bit (if you can!). If you can't ignore it (like many of us), then make a little bullion purchase and fondle the existing bullion you have. It's fun. :)

Silver Meddler's picture

Council of 300

I used to be on the Council of 300, but I got fired for stealing those little decorative soap bars from the bathroom.

P.S. Hmm. Tried to change my avatar yesterday. It changed on my profile but not on my comments.

abguy4's picture

Re: Comic relief ala Turd

Very funny. Yah, HAHA

I shit myself wondering how that got in there,

and now everybody here hates me~!

I'm goin out and eat worms.

¤'s picture

Silver Meddler

I just went through the same thing. This is what you do...nothing.

Change your avatar and even if it looks like the old one is still there (in your account settings) just leave it alone for about a week and it will change when the site refreshes or reboots or whatever.

I changed mine and tried uploading my new pic and even though it appeared I did everything right (I did) the old one showed up in that little area and not the new pic in my computer files I just uploaded.

Just be patient. It'll happen, just not instantly. Do not keep trying.

Syndicate contentComments for "Easter Weekend - BLSBS - Open Thread"