Chew On This One

So I guess I better fire up the big dodge 4 wheel posi!   Take a trip to the lcs to make a purchase.  Before another governor closes down the roads.    

I for one didn't think there was anything conspiratorial or even fishy about the Valuable Cargo on the plane.  I just thought it was interesting and potentially an unreported major transfer of  PMs but then I came across this article from January 30th. 

http://english.alarabiya.net/articles/2013/01/30/263456.html

Trade in Turkish gold bars to Iran via Dubai is drying up as a growing number of banks and dealers refuse to buy the bullion to avoid the risks associated with Turkey's gold-for-gas trade with Iran.

U.S. officials say they are concerned the trade between the two countries provides a financial lifeline to the Iran, which is largely frozen out of the global banking system by Western sanctions.

The U.S. State Department said in December that diplomats were in talks with Ankara over the flow of gold to Iran after the Senate approved expanded sanctions on trade with Iran's energy and shipping sectors, which would also restrict trade in precious metals......

....Turkey, Iran’s biggest natural gas customer, has been paying the Islamic Republic for oil and gas imports with Turkish liras, because Western sanctions prevent it from paying in dollars or euros. Iranians then buy gold in Turkey, and couriers carry the gold worth millions of dollars in their hand luggage to Dubai, where it can be sold for foreign currency or shipped to Iran.

...now I'm headed down the Rabbit Hole...
 

Isnt he following in the footsteps of Iran devaluing theres about three months ago?  

my question is did they devalue or was it sanctions?     All the imports of gold?   (both Venezuela and Iran)     Am I seeing a pattern here..    China?

Cheaper coffee?

The US Mint continues to sell silver eagles at a nice clip, nearly 1 million in 6 days.  While not as blistering a pace as January, it is still on pace for about 3 million in February.  That's double last year, and about the pace of 2011 (which set most of the previous records).  We'll see if the pace holds...

http://www.usmint.gov/mint_programs/american_eagles/?action=sales&year=2013

I appreciate that ivars.    Your in that category yourself on here and the positive coexistence of provocative thought has worked well.

Time has a way of closing an almost full circle that's far from perfect.

Thanks Foggy Road for the link: http://www.census.gov/foreign-trade/Press-Release/current_press_release/exh15.pdf

which shows US imported $17,874,000,000 worth of gold and exported $36,129,000,000 of gold in 2012. In 2011 it was a bit less with $16,394,000,000 in and $33,675,000,000 out. (It would be interesting to look at this over a longer time, US is No.3 in world gold production).

Now, this is where it gets interesting, because according to: http://minerals.usgs.gov/minerals/pubs/commodity/gold/mcs-2012-gold.pdf 

1. Gold imports increased 2007 to 2011 and exports decreased with a net balance over exports of 200 metric tonnes in 2011;

2. Recycling (cash for gold*?) amounted to 225 metric tonnes in 2011, more than primary mine supply;

3. "the U.S. Department of Defense administers a Governmentwide secondary precious-metals recovery program"(*?!). (Who knew!? See notes)

4. Stock of gold held by USG "includes Gold in the Exchange Stabilization Fund" (As we suspected! See notes '3'), aka "The Plunge Protection Team";

Now, both reports cannot be correct...footnote 2e might have provided an explanation but shows as zero for 2011.

Turd, the guy who wrote this report has provided his contact details, you might want to interview him.

Only briefly mentioned in the first line of today's topic, and and rarely mentioned on Main Street, but it has been snowing here all day long, there is about 6 inches on the ground out of  an anticipated 18 inches.

Local weather says that the main blizzard will kick in around 9 PM. The wind is starting to pick up.

Just for an honorable mention, there's this:

http://www.haarpstatus.com/status.html

It has many of the characteristics of the last “super storm.”

As always, we are extraordinarily well prepared with food, fuel, and all the necessities of life.

Let it snow, let it blow, one of the huge benefits of being a prepper,

is that I am in fact well prepared.

Nothing to do now, but to sit down with the family and have a delicious steak dinner. 

Life is good. 

Well, that was certainly shallow and vacuous.

PS: Don't mind me, I'm in mood.

I trust things that are objectively measured and known to counterparties a lot more than things that involve estimates, fuzzy math, seasonal adjustments, and retroactive corrections.  Lying about the number of coins sold on the high side would be easy (just stash the extras), but lying on the low side would be hard since raw materials and manufacturing are involved.

Not saying it's a legit number, but I believe it a hell of a lot more than the BLSBS or CPI numbers...

Also, I'm not necessarily 'excited' about the numbers, but the high volume of sales is interesting.  And if 2013 shapes up like 2011 did, I think we'd all be smiling.

Does it still count as a conspiracy theory if it's all on record and the man has lived it himself? Chuck Baldwin:

See the report here: Emails Expose Southern Poverty Law Center Collaboration With DOJ

"I have been personally victimized by the SPLC and DOJ’s vicious smear campaigns. In 2008, the State of Missouri issued their now infamous MIAC report, which identified supporters of Ron Paul, Bob Barr, and me as being potential dangerous militia members and similar absurdities. This report was issued after State officials received the inflammatory accusations from DHS Fusion Centers. After an outcry of protest from people all over America, and after Ron, Bob, and I demanded an apology from those Missouri officials who issued this libelous report, the report was rescinded and an apology was issued.

I have an entire webpage devoted to the MIAC fiasco. To see it, go here:DHS & MIAC Reports

I have had police officers and deputy sheriffs in several states personally show me memorandums that they had received from their respective police agencies depicting me and other notable conservatives with the same derogatory characteristics. These memos were once again issued to local police departments and sheriff’s offices via DHS-DOJ Fusion Centers. And those memos were almost word-for-word the same kind of character-assassination that appeared in SPLC publications. Now we know why, don’t we?

So, will the national and even local media now stop using the SPLC as a credible source for identifying so-called “hate” groups? Don’t count on it. The national press corps is mostly in bed with big-government zealots in Washington, D.C., and will do everything they can to smear and besmirch limited-government conservatives. Yes, ladies and gentlemen, this matches the definition of the word “conspiracy.”

http://www.vdare.com/articles/if-you-are-going-to-take-a-stand-you-must-take-it-now

Metals investment goes hand in hand with all the other down the rabbit hole stuff. I started off interested in making some profit but the dots are all there lined up just waiting to be connected. Now I avoid flouridated water, mistrust the mainstream media, am skeptical about 9/11 and even have doubts about the moon landings. 

Having said all that it does get too much sometimes and tends to take over. I like it when a lot of that is filtered out of the main thread.

#been blogging about bitcoins if anyone is interested. It is really heating up, starting to think there might be another bitcoin mania on the cards.  http://www.afbitcoins.wordpress.com

Have a good weekend all

Live