Our Weekend Homework - "Rollover"

you might not have known but I am the star in my own reality TV show

it's called "Stackers"!

http://www.dailymail.co.uk/sciencetech/article-2153071/Cases-Truman-Show-delusions-rise-people-believe-theyre-stars-reality-TV-programs.html

We talk about people drinking Kool Aid, but these young connoisseurs take their Kool Aid very seriously. There was a dispute today over who stirred the finer vintage:

Unfortunately they don't take their aim nearly as seriously and they only hit 2 bystanders after the shooting started. Must be the Detroit water in the Kool Aid.

On the bright side, no one was eaten. 

It sure would be nice to tell my friend, (who won't stack):  'in the last 24 hours of business trade, my precious metal has gone up 10% relative to the stockmarket.'

That's just the beginning....

For those that stay up on those of the vampirey squidish bilderburgishness, this is hilarious.

"Not to be used as safety barriers" was the warning on the safety barriers that the police laid around the gates of Bilderberg. The officers were firm but fair. "Madam, please step away with the balloons," they asked a protester, as she waved them angrily at arriving limousine. "But this is my first amendment right," she howled. I'll give you my balloons when you pry them from my cold, dead hands.

It's hard to look furious when you're holding balloons, but somehow she managed it. There's a lot of anger in the crowd this year – a great wall of noise met each delegate as they swooped up the hotel drive. Personally, I thought the crowd was a little harsh at times: branding each new arrival "thieving scum!" when, looking at the delegate list, no more than two thirds of those arriving could reasonably be called that."

http://www.guardian.co.uk/world/us-news-blog/2012/jun/01/bilderberg-2012...

Just a bit of history.    Election 2008      11/4/2008

     10/30/2008                          6/1/2012

Gold  $737.20                            $1,622.78         UP $855.58   + 116%

Silver $9.78                                $28.47              UP $18.69     +191.10%

GSR   75.34                                56.71                 Down 18.63   - 24.72%

(Gold to Silver Ratio)

National Debt

     9/30/2008    $10.024 Trillion 

    6/1/2012        $16.1 Trillion                  UP about 6  TRILLION Dollars.      That's only up about 60% in 3.75 years so that's not too bad.

Note: A few of the debt clock sites showed $15.75 & $15.774 Trillion.  I know that really matters.

Oil   11/04/08     $70.53                       6/1/2012   $83.17   UP  $12.64  +17.92%

And my favorite BS number of them all.  The dollar index. (POSX)

 10-30-2008     84.82        6-1-2012   82.79   DOWN 2.03  -2.39%

Since the last election the nation debt has gone up 6 Trillion dollars, and the dollar index has dropped only 2.39%    ???????????    Nope nothing to see here.  All is well.  Go back to sleep.

If they wanted to discredit Ron Paul.   If they really wanted to prove to Americans that he didn't know what he was talking about regarding the dollar losing it's value.  This is all the proof you need.    What a joke the dollar index is.

A couple of links for the previous election and the day after.

http://money.cnn.com/2008/11/04/markets/markets_newyork/

http://abcnews.go.com/Business/Economy/story?id=6185247&page=1

:)

For the longest time we have seen gold capped at 1% a day.  Since gold went up 4% today, does that mean anything?  Or was it just as simple as the algos turned off?

BTW, I am feeling like a genius since I bought a few AGE's last night.  Pretty cool being up 4% in one day.  That has never happened to me before.  Usually down 10% in couple days after a purchase.

The rich and powerful have always gotten together and colluded.  That's just what they do.

The fact that the POSX is down only 2.39% since 2008 is not surprising.  The index is designed to hide the devaluation of the world's currencies.  In reality, the dollar is down against a basket of other currencies, all of which are being debased by their respective governments' debt monetization.  They are all dropping at the same time in the race to the bottom.  Trouble is, with just about everything being manipulated in the unregulated derivatives funhouse, investors are left with none of the red flags that have historically warned them of looming trouble (interest rates, inflation, gold/silver prices, M3, etc.).  When the trouble does hit, it will be a surprise to many and very painful.  Many thanks to Turd for opening my eyes to the mess ahead...

http://en.wikipedia.org/wiki/U.S._Dollar_Index

..I understand that JPM is highly funded and just wondering if their side bets might disable cash flow and make them haul ass from silver?..Edit/Add,, unwind faster..,

Jim Rogers says it will be "all over for the West" once Shanghai opens up as a financial center.

The US investment guru, who has celebrity status in China, says it would be a key moment in financial history and lead to the decline of Wall Street and other international exchanges.

"Once you have free flow of capital, a transparent system and not just the full convertibility of the Chinese currency but the freedom to buy Chinese shares and commodities, then it is all over for the West," he says.

"The financial centers of the world would move to China. It is not going to happen in an afternoon but everywhere else would be finished."

http://usa.chinadaily.com.cn/weekly/2012-06/01/content_15442951.htm 

P.S. I was in Shanghai last week - it's easily my favorite city in Asia. The downtown area is spectacular, and it's already a world-class metropolis.  In the early 1900s, Shanghai was the 3rd largest financial center in the world. As China ascends in the new millenium, it's going to become #1.

Emerging Market Currencies Fall As Data Disappoint

By ERIN MCCARTHY NEW YORK—Emerging market currencies and debt slid Friday as a string of disappointing economic reports from across the globe hammered markets. Data showing U.S. job growth slowing excessively last month compounded weak purchasing manager indexes out of China and the euro zone. The nonstop negative data flow reignited concerns that the global economy could be headed toward recession. While emerging market economies are seen as more resilient, they are far from immune from the domino effects from their developed economy trading partners and China, analysts said. In turn, emerging market assets, particularly currencies, came under pressure Friday. "I don't see anywhere where you can get shelter from the storm" among emerging markets this year, said Komal Sri-Kumar, chief global strategist at Los Angeles-based TCW Group Inc. Emerging market currencies were especially exposed to the broader tumble across markets Friday, particularly after data showed nonfarm payrolls increased just 69,000 in May, compared to expectations of a 155,000 increase. However, many of them later pared some losses as the weak U.S. economic reports on both Thursday and Friday triggered expectations that further economic stimulus from the Federal Reserve could be on the way....

http://online.wsj.com/article/SB1000142405270230364010457744064267866647...

This Summer an 'Eerie Echo' of Pre-Lehman: Zoellick
http://www.cnbc.com/id/47639849

From article..

"...In panicked markets, investors flee to safe assets, sparking other flames.”