Harvey Organ Should Be An Interesting Read Today

1354 posts / 0 new
Last post
Tue, Feb 26, 2013 - 10:07pm
Mr. Fix
Offline
-
NY
Joined: Jun 8, 2012
10801
64421

Nice job DayStar.

I just love when you go off the regular format, and do your own thing.

This was good information, and good advice.

Thank you for your efforts.

"When the student is ready, the teacher will appear."
Wed, Feb 27, 2013 - 6:43am
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

RE: Own Thing

Harvey finally posted a short piece around 10:30. It's too late for me. I lose the internet at 10.

DayStar

Wed, Feb 27, 2013 - 8:15am
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

The Threat From North Korea and Iran

North Korea achieved a nuclear weapons capability during the Clinton administration in 1994, and not during the Bush administration with their first test in 2006. North Korea and other states like Pakistan and Israel have nuclear weapon programs far more sophisticated than is widely recognized by the press. Almost certainly, North Korea now possesses a highly advanced third generation nuclear warhead that could destroy the United States with a single blow. In 2004, the Congressional Electromagnetic Pulse (EMP) Commission was warned by a delegation of Russian generals that Russia had developed a "Super-EMP" nuclear warhead, and that design information for this weapon had leaked to North Korea. A Super-EMP warhead is a nuclear weapon specially designed to produce an enormous burst of gamma rays that generates an extraordinarily powerful electromagnetic pulse, capable of destroying even the best protected electronics, thereby paralyzing military forces and blacking out power grids and collapsing critical infrastructures everywhere--across an entire nation the size of the United States.


During the Cold War, the USSR experimented with a secret weapon, the Fractional Orbital Bombardment System (FOBS), that used an ICBM like a Space Launch Vehicle to put a nuclear warhead into a orbit, like a satellite. The orbit can be adjusted to come over the US from the south in regions where it cannot be detected. It sacrifices accuracy for unlimited range, but an EMP at 500 kilometers does not need accuracy. Anywhere over the central US would destroy the electric and electronic infrastructure of the US and shut down manufacturing and water, food and fuel distribution systems. A Super-EMP warhead does not weigh much, and could probably be delivered by North Korea's Fractional Orbital Bombardment System, successfully tested in December 2012, against any nation on Earth. Thus, North Korea already possesses an ICBM and poses a mortal nuclear threat to the United States, and to all nations on Earth--right now.


The primary purpose of the Fractional Orbital Bombardments System, that North Korea appears to have borrowed from Russia, is to make a surprise nuclear attack. FOBS is stealthy as it can strike from any direction, from unexpected directions, not just from the shortest direction or by using the trajectory that would be normal for an ICBM. Because FOBS looks like a Space Launch Vehicle, not an ICBM making a nuclear attack, this disguise optimizes chances for achieving surprise.


Iran could already have or be close to developing a Super-EMP warhead. Reza Kahlili, the only CIA operative to successfully penetrate the scientific wing of the Iranian Revolutionary Guard, reports that Iran acquired several tactical nuclear warheads from Russia--including a neutron warhead. As noted earlier, a neutron or Enhanced Radiation Warhead would be well suited for making an EMP attack. In 1995 a military think tank called INOBIS, that serves the Russian General Staff, wrote a paper recommending that Russia deliberately proliferate missile and nuclear weapon technology to nations hostile to the United States. This policy appears to have been followed as North Korean engineers have assisted the Iranians in the testing and deployment of FOBS missile technology. If Iran acquires or develops a Super-EMP warhead, Iran's targets or that of its terrorist proxies will be the populations of America and Israel, and Iran has already stated several times that a preemptive strike against the US and Israel are justified based on Iran's perception of Israel's imminent intent to attack Iran.


The Congressional EMP Commission warned in its 2004 and 2008 reports that the electromagnetic pulse from a single nuclear weapon detonated at high-altitude over the United States could have catastrophic consequences nation-wide. One warhead making an EMP attack could collapse the national electric grid and other critical infrastructures--communications, transportation, banking and finance, food and water--that sustain modern civilization and the lives of millions. Super-EMP weapons threaten the technological foundations of modern civilization that makes possible the prosperity and large populations of the United States and other developed nations in the 21st Century. All nuclear weapons produce gamma rays and EMP. However, a Super-EMP (gamma radiation enhanced) attack on the U.S. would cause much more and much deeper damage than a primitive nuclear weapon, and so would increase confidence that the catastrophic consequences will be irreversible. A Super-EMP attack would inflict maximum damage and be optimum for realizing a world without America.


North Korea and Iran imperil the political and economic gains made by Mankind since the Enlightenment, by arming themselves with what are essentially "anti-technology weapons" that could inflict a worldwide blackout and, figuratively and literally, turn the clock of history back to the Dark Ages. The Congressional EMP Commission estimates that, given the nation's current unpreparedness, an EMP attack would plunge the United States into a protracted, perhaps permanent, blackout--and within one year about two-thirds of the national population, 200 million Americans, would probably perish from starvation, disease, and societal collapse. Therefore, Super-EMP warheads mated to FOBS missiles that can reach any nation on Earth with an EMP attack, will confer upon North Korea and Iran an Assured Destruction capability against the United States, and the world. The geopolitical consequences of this development are so extremely grave that U.S. and global security have, in effect, gone over the "strategic cliff" into free-fall. Where we will land, into what kind of future, is as yet unknown.

https://www.familysecuritymatters.org/publications/detail/understanding-north-korea-and-iran#ixzz2M6So8Drl

DS: Illuminist Albert Pike said there would be a 3rd world war. All indicators point in that direction, and the parties involved are exactly who Pike said they would be in 1871. If we have WWIII, as appears virtually certain, you can also be certain that the US will get an EMP. No matter who we fight, they will have nuclear weapons, and no one who had gone to war with the US would fail to use an EMP against the US at the earliest opportunity. You can be virtually guaranteed that the lights will go off and stay off in America. If you are not prepared/preparing for this event, you probably will not survive.

DayStar

Wed, Feb 27, 2013 - 9:29pm
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

~~Harvey 27 Feb 2013

This is DayStar (DS) with the Wednesday Harvey Report.

The Yuan/Dollar exchange rate was UNCHANGED from 1993-2005; and since then, has been allowed to gradually decline within a prescribed range dictated by a basket of global currencies - dominated by the U.S. dollar. This "forgotten peg" is by far the most LETHAL weapon in the global CURRENCY WARS; as it has enabled China to acquire MASSIVE global manufacturing share, which is EXACTLY what Japan and the rest of the world's CURRENCY WAR participants are targeting - at the expense of each other. Yet, the Yuan peg gets little attention because China has become TPTC, or "Too Powerful to Challenge. From time to time, American politicians bluster about China de-pegging the Yuan; but mostly, such rhetoric simply targets votes from the uninformed public. The fact remains that China is the U.S.'s LARGEST CREDITOR. ...and without the cheap industrial production the peg enables, Americans would immediately experience MASSIVE price inflation. With a drop in demand for the dollar, import prices will rise. As the US is now an import-dependent country, from that day on, Americans who walk into Wal-Mart will think they have walked into Neiman Marcus. To maintain the peg, the Bank of China does what all Central banks due amidst CURRENCY WARS; PRINT MONEY in unlimited quantities - just as the supposedly "conservative" Swiss National Bank has done since pegging the Franc to the Euro in September 2011. In China's case, it must print Yuan "unit for unit" with production of currencies from the aforementioned global "basket" which care of "Worldwide QE to Infinity"; has recently gone parabolic - in the U.S., Europe, and Japan, among others. The West is printing so much currency that China must pint half the world's currency, just to maintain the peg.

Andrew Hoffman (continued): However, the other way China is DESTROYING AMERICA is by acquiring PHYSICAL gold - in its preparations to take over as the world's top superpower. The last time China publicly increased its "official" gold reserves was four years ago, but other data shows China continues to buy gold a breakneck speed. The Chinese will continue to trade their dollars - and the Yuan PRINTED to maintain the peg - until there is no more gold and other ITEMS OF REAL VALUE to purchase with depreciated fiat currencies. And when that occurs, it will be revealed to all "HOW CHINA DESTROYED AMERICA." DS: China is facing a risk that inflation will overwhelm their population and that hungry peasants will revolt. There is a delicate race against time to get all the gold before hyperinflation runs out of control and China goes up in flames.

Santelli on the Securitization of Gold: Having started trading gold futures over 30 years ago, CNBC's Rick Santelli has seen a few changes over the years. From its true high in Feb 1980 at around $2300 (inflation-adjusted), the biggest shift he and his guest have seen is the evolution of ETFs and the implicit securitization of gold. This took the 'complication' out of trading gold and enabled those who did not wish to hold physical to participate. But Santelli asks the critical question, "didn't it take the whole point away [of investing in gold]?" From the 'old days' when gold and silver were physically held and passed down and considered wealth to the current incorrect belief system of paper gold, the myth-shattering-Chicagoan exclaims to the precious metal ETF holders, "for the Ayn Rand'ers, if the financial world comes to an end, you're not going to have the gold, you're going to have a piece of paper."

Tyler Durden: The U.S. health care system is a giant money making scam that is designed to drain as much money as possible out of all of us before we die. In the United States today, the health care industry is completely dominated by government bureaucrats, health insurance companies and pharmaceutical corporations. At this point, our health care system is a complete and total disaster. Health care costs continue to go up rapidly, the level of care that we are receiving continues to go down, and every move that our politicians make just seems to make all of our health care problems even worse. At the same time, hospital administrators, pharmaceutical corporations and health insurance company executives are absolutely swimming in huge mountains of cash. Unfortunately, this gigantic money making scam has become so large that it threatens to collapse both the U.S. health care system and the entire U.S. economy.

Jim Willie (Golden Jackass): The central theme in Jackass articles has been the isolation and demise of the USDollar, how it is happening, why it must happen, and its importance in the restoration of the global financial structure. But this week, a sudden urge has come to address an overwhelming list of critical gritty questions. They crop up with clients, colleagues, and friends. More than a crisis, it is more accurately described as a collapse of a corrupt inequitable monetary system. The current monetary system has a debt foundation, which is collapsing in lockstep with the rapid breakdown in the sovereign bond market. The last four years have seen a long drawn-out unstoppable process, where the collapse cannot be avoided and must happen. A collapse is not only coming. It is happening before our eyes in what used to be ultra-slow motion. Each year the pace quickens. The trigger for total collapse will be Some mid-sized seemingly minor bank that will fail. It will have linkage to another big bank in a corresponding role. The obligations will not be possible to cover. The contagion will spread to numerous large banks across Europe to London and New York. The derivatives could be involved, very unmanageable. If not a mid-sized bank, then a major bank will fail from the inability to contain the profound insolvency and massive bleeding during capital flight. The Greek zone has been contained, where disaster runs its course. But larger Italy, Spain, and France are rapidly breaking down, each in its own unique important way. A great many fuses lie, each waiting to be lit. https://www.silverdoctors.com/jim-willie-gritty-questions-on-the-historic-collapse/#more-22339

Comments on Wednesday's price action (basis 1:30 PM EST)

Quote:

Gold closed down 18.40 at $1596.30.

Silver lost 45 cents at $29.98.

See http://harveyorgan.blogspot.com/

Select Commodity Prices:

The Bloomberg Baltic Dry Index (BDI) was 745 up 0.54%. WTI crude was 92.84 up 0.55 today. Brent closed at 111.89 down 0.82. The spread between Brent and WTI was 19.05, down 0.88. US Treasury 30 year was 3.103 up 0.028. The dollar was down 0.27 at 81.60. The PPT/Dow was 14,075.37 up 175.24, ABOVE the very key round number of 14,000! Facebook was 26.87 down 0.52 (1.90%). Silver closed down 0.45, and was walked down to $28.98 and capped at $29. March wheat was down 1.40 at 704.20. March corn was up 4.40 at 709.40. April lean hogs were 81.000 down 0.575. March feeder cattle were 141.650 down 0.475. March copper was 3.5450, down 0.0215. April natural gas was down 0.022 to close at 3.434. April coal is 59.50, down 0.25.

Thank you for reading the Harvey Report. There is much more on Harvey's blog

https://harveyorgan.blogspot.com.

Goooood day!

DayStar

Wed, Feb 27, 2013 - 10:30pm
Mr. Fix
Offline
-
NY
Joined: Jun 8, 2012
10801
64421

I think this forum should be entitled:

"DayStar should be an interesting read today."

Nice job, I spent a good long while on the Jim Willie article, one of his better written, since it's in a nice simple question and answer format.

The funny thing is, I read it a couple of hours ago, and I was going to send you a link for it.

Apparently, we think a lot of like.

"When the student is ready, the teacher will appear."
Thu, Feb 28, 2013 - 6:33am
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

RE: ??? Should Be An Interesting Read Today

Mr. Fix, I believe gold and silver lie at the very heart of the beast, so I watch with fascination, and Harvey's blog on gold and silver is a really good place from which to watch. I try to add my two cents to sort of integrate the news with what I see in God's plan. The Sibyls say gold is used to purchase the world for the elites, but this is God's plan from long ago. I am just watching it play out as He brings this vast saga to a successful conclusion, but along the way He has to break some eggs to make a cake. I am just praying that this egg will not be broken when He begins to stir the pot.

I am glad you like Harvey. For me, it is a labor of love. It is good to know that others profit.

DayStar

Thu, Feb 28, 2013 - 9:31pm
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

~~Harvey 28 Feb 2013

This is DayStar (DS) with the Thursday Harvey Report.

Richard Daughty (The "Mogambu Guru"): "Is there an example - throughout history - of a fiat currency NOT going to zero? Short answer - NO. Long answer - NO. All 600 have failed."

Darcy Marud (VP, Yamana Gold): The junior sector is struggling. They've typically been behind most new, big discoveries; but with them not being financed - and thus, unable to explore - the pipeline is drying up. There are much fewer gold discoveries than in the past, and the industry is paying the price now. This will be very problematic, as companies are not able to replace reserves. Moreover, in the past 5-10 years, many very senior, seasoned geologists have retired, making it difficult to train younger personnel."

Jim Willie (Golden Jackass): "The Fed has no Exit Strategy, never had any one, and will not be granted one. It is stuck in the monetary corner, totally reliant upon its Weimar printing press."

James McShirley: We have a new twist to the 2%, 1%, steady, down hard manipulation. Either JPM has a dyslexic programmer or they've juxtaposed the 2% and 1% days to come up with the latest: 1%, 2%, steady, down hard. Different order, same end result; the illusion of a failed breakout. If you think it's been a LONG time since we saw a +2% day like yesterday you would be right. The intensity of the gold suppression is obvious when you realize the last time gold gained/got capped at 2% was back on November 6th. Prior to that, the last time was September 14th. Thus, we have gone 5 1/2 months - and 120 trading days - with only THREE days that even remotely had a meaningful rally; and all 3 of which were capped at 2%. Now THAT'S a cartel gauntlet being laid down. Only 2 out of the past 20 PM fixes have been higher than $5 from the AM fix, consistent with the latest 90-100% probability parameter. Also of note is the nearly $120 plunge since the CME lowered gold margins, proving once more ANY CME margin change is apparently a gigantic opportunity for gold short sellers.

Andrew Hoffman (Miles Franklin): According to "analyst extraordinaire" Jim Willie..."U.S. citizens remain the worst informed people of any industrialized nation - the most subjected to propaganda. The British are a close rival. The Goebbels methods are actively at work in propaganda widely disseminated." As I have stated for some time, TPTB's only remaining "tools" are MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA. Together, the three form an "un-virtuous circle"; reinforcing themselves solely by fostering FALSE PERCEPTION. No matter what drivel is posited by the Bureau of Fabricated Labor Statistics the nation is in RECESSION refuted only by the appearance of prosperity via the PPT-supported "DOW JONES PROPAGANDA AVERAGE itself an illusion, when adjusted for REAL (shadowstats.com calculated) inflation. Since TPTB went into "PROPAGANDA OVERDRIVE" last year, chart after chart depicts the widening DISCONNECT between stocks and business (Main Street Sours As Wall Street Soars) as the REAL economy continues to contract (Wal-Mart Situation "Getting Worse" New Leaks Reveal) making it impossible for the Fed to stop PRINTING. Here in the United States of Political Filth, the godforsaken fiscal cliff "sequester" is finally upon us; assuming it is not again delayed by another "deal". Irrespective, it is pathetic that American cannot tolerate a miniscule 2% reduction in Federal spending particularly as the net effect will likely be MUCH lower because tax revenues will fall.

Jim Willie (Golden Jackass): "The inelastic demand for Gold is well known. Demand rises with a rising Gold price, called Gold Fever. But inelastic supply is less understood and mentioned. As forward sales schemes unravel, they drain large mining firms of scarce cash. Operations suffer and big projects are not funded like in the past when a lower Gold price was the case. Two new ravaging effects have taken root. As the major central banks debase the currencies worldwide, they lift the cost structure for businesses and the cost of living for workers. So mining firm profit margins are reduced and worker household stress increases for feeding families. The pinch from reduced profitability combines with the nasty pinch of labor strikes to hinder mining output. Also, the new wave of resource nationalism has struck in several nations. The poorer nations that host mining projects have turned hostile. They are suffering from slower economies and wider deficits. The response has been for their governments to renegotiate royalty agreements, to confiscate properties, and to manage a much tougher line against the foreign mining firms. They have imposed harsher strictures on environmental contamination, often as a ploy to gain more revenue from royalty or penalties. The end result is lower mining output in association with a higher price for Gold & Silver, which defines inelasticity."

Jim Willie (Golden Jackass): Several serious flaws and shortcomings to mining stocks exist. The big hedge funds short them heavily with Wall Street help like credit lines. Other hedge funds short the smaller mining stocks and go long the majors, a spread trade. The majors are working with Wall Street on hedged forward sale programs, a grand collusion. The Goldman Sachs GDX fund shorts the entire group, just to keep them suppressed. The brokerage house Canaccord is involved in naked shorting of mining stocks. After acting as partner to raise cash in a very large number of finance deals for Canadian junior mining firms, they keep selling shares with the collusion of the Alpha Group, far more than they own. The mining firms themselves are in deep trouble, with rising costs, a shortage of engineers, hostile foreign governments, and difficult projects. The mining firms are printing new shares in heavy dilution (like the USGovt on USDollars), which is inflation. Under pressure, the mining firms will soon begin to renege on their covenants, as some will be forced to sell their properties to the banks. Eventually the USGovt and other Western governments might force sale of mining companies for pathetic low prices under law in order to replenish their Gold reserves in the central banks. The recent extreme challenges for the mining firms relates to hostile labor unions and resource nationalism that prompts confiscations. Distress for mining firms will result in continually lower metal output, resulting in supply shortages which favor owners of physical metal, not the mining stocks. The global assault on paper wealth includes mining stocks. The Gold & Silver metal prices have vastly outperformed mining stocks since 2008."

China's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade imbalances spurred on the recent financial crisis were the result of unfortunate policies that distorted the savings and consumption patterns of certain nations. Pettis examines the reasons behind these destabilizing policies, and he predicts severe economic dislocations, a lost decade for China, the breaking of the Euro, and a receding of the U.S. dollar that will have long-lasting effects. Pettis explains how China has maintained massive but unsustainable investment growth by artificially lowering the cost of capital. He discusses how Germany is endangering the Euro by favoring its own development at the expense of its neighbors. And he looks at how the U.S. dollar's role as the world's reserve currency burdens America's economy. Although various imbalances may seem unrelated, Pettis shows that all of them -- including the U.S. consumption binge, surging debt in Europe, China's investment orgy, Japan's long stagnation, and the commodity boom in Latin America are closely tied together, and that it will be impossible to resolve any issue without forcing a resolution for all. Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future. https://www.youtube.com/watch?feature=player_embedded&v=J4B5f2ezEB8

Comments on Thursday's price action (basis 1:30 PM EST)

Quote:

Gold closed down 16.80 at $1579.50.

Silver lost 47 cents at $28.51.

Wednesday, February 27th Gold and Silver Action (basis 1:30 PM EST)

https://harveyorgan.blogspot.com/

Quote:

For gold it looks like 149500 oz will stand as that is the OI for March. (1495 x 100 oz per contract) or 4.6 tonnes of gold, which is extremely high for a non delivery month.

The total OI for the gold complex was up only 458 contracts.

The OI for April lowers from 247,653 down to 244,812.

In silver: total OI rises to 145,388

The OI for the upcoming MaRCH contract falls dramatically down to 2597.

The next delivery month of April rises to 76,682 from 70,980.

The volume today was good at 47,026.

The amount of silver that will stand for delivery is only 12,985,000 oz.

The data seems very weird.

DS: My take on the weird data is the cartel sequestered a large portion of the OI that stood for delivery to make it appear that the interest in physical metal is much less than it actually is. They will try to settle as many of these contracts as they can in fiat. The buyers that need the metal for jewelry and manufacturing will probably get theirs. The question is: is 3-22 the time when the Chinese stand for delivery in amounts that cannot be covered? I guess we will see. Jim Sinclair is confident that something will happen between 28 Feb and 27 March that will blow the metals markets wide open.

Select Commodity Prices:

The Bloomberg Baltic Dry Index (BDI) was 757 up 1.61%. WTI crude was 91.66 down 1.18 today. Brent closed at 111.05 down 0.84. The spread between Brent and WTI was 19.39, up 0.34. US Treasury 30 year was 3.094 up 0.009. The dollar was up 0.35 at 81.95. The PPT/Dow was 14,054.49 down 20.88, ABOVE the very key round number of 14,000! Facebook was 27.25 up 0.38 (1.41%). Silver closed down 0.47, and was walked down to $28.51, because today was the last day of trading for March gold and silver. March wheat was up 3.40 at 707.60. March corn was up 10.00 at 719.40. April lean hogs were 81.000 unchanged. March feeder cattle were 142.775 up 0.775. March copper was 3.5275, down 0.0175. April natural gas was up 0.052 to close at 3.486. April coal is 59.75, up 0.25.

Thank you for reading the Harvey Report. There is much more on Harvey's blog

https://harveyorgan.blogspot.com.

Goooood day!

DayStar

Fri, Mar 1, 2013 - 10:32pm
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

 Andy Hoffman on Today's Economy

Andy Hoffman (Miles Franklin): This morning, ALL global markets were sharply lower; as worldwide economic data is dramatically deteriorating. I don't know how much louder I can SCREAM that the END GAME of 40 years of FIAT ABUSE has commenced; and no matter how much MONEY PRINTING, MARKET MANIUPLATION, and PROPAGANDA TPTB promulgate, "Economic Mother Nature" will NOT be denied. In Japan, the PMI (Purchasing Managers Index) contracted prompting speculation of yet another QE round next month - when "SuperDove" Kuroda takes over the Bank of Japan. In China, manufacturing data was barely positive and Egads, look at the Euro CRASHING; as Draghi's "whatever it takes" honeymoon is officially OVER. Germany's PMI was also barely positive, while "FRANCE'S DEATH KNELL" resounded with data reflective not of recession, but DEPRESSION. Worse yet, Italy is spiraling into the abyss even faster than Spain as not only is its political landscape amidst CHAOS, but it now faces RECORD UNEMPLOYMENT. In the United States of Destruction, Consumer Spending is CRASHING impacted significantly by the new 2% payroll tax increase.

Fred DeLuca - Founder, Subway restaurants (worlds largest fast food chain) wrote:
"The payroll tax is causing sales declines - estimated at about two percentage points. There are a lot of pressures on consumers, and I think it's permanent."


The payroll tax showed up in full force this morning per horrific personal income data not to mention, today's $85 billion government spending "sequester" which despite representing just 2% of planned government expenditures, will cause MAXIMUM DAMAGE to the "house of cards" that is America's near-Communist economy.


The mining sector is on the verge of DEATH, attacked from every conceivable angle; and the supply response will be one for the books. PHYSICAL demand will continue to increase as the FIAT END GAME becomes more visible in the coming weeks and months; and eventually, spot shortages like what we saw at the U.S. Mint in January will become commonplace. By the way, I don't just think this, I KNOW it. And contrary to government PROPAGANDA, the public is NOT buying stocks, but instead, PHYSICAL gold and silver. Both surged after the personal income/spending data at 8:30 AM EST, but were quickly "contained" by prototypical "CARTEL HERALDs"; as with global political, economic, and financial conditions so delicate, the LAST thing they want is a significant violation of "Cartel Rule #1"; i.e., "thou shalt not allow PMs to surge while the Dow plunges" which TRUST ME, they will NOT be able to stop when the crisis gains momentum.


DS: Ranting Andy perches like Poe's raven of impending disaster on the leaderboards with his portents of doom. Shakespeare, Jim Sinclair, and Jim Willie join Andy and Edgar Allen Poe croaking a warning: "Beware the Ides of March!" and "Quote the raven, 'Nevermore!'"


The Preppers Prayer: "Oh Lord, send, I pray Thee, aggressive buyers with strong hands to break the power of evil people in their despicable manipulation of our money. Lord, deliver our stacks from this vile suppression before our society crumbles that we might better care for and help others in their dire need as your wrath is visited upon the usurpers of our nations and economies. Let Thy justice be swift upon the bloodthirsty thieves and thy compassion generous to those with an upright heart!""

In Jesus' name, Amen!

Sat, Mar 2, 2013 - 8:22am
foggyroad
Offline
Joined: Nov 3, 2011
1523
6187

Math Captcha

2+3=5 --> foggyroad access granted.

2+3=85,000,000,000/per month=80,000,000,000/day --> Burn an- ke rash access denied " go away Ben"

2+3=(2x2) + (3x3)=[evertbodybreakawindow]x[aliencentralbankbailout]=Phd-commonsence+propellorbeenie access denied " paul is that you again"?

so far so good on the Captcha access upgrade.

(oops, this silly captcha comment was meant for main st.)

Hey DS. a really good effort, great thread, valuable analysis.

Lol , preppers prayer :0)

Sat, Mar 2, 2013 - 12:09pm
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

This is DayStar (DS) with the

This is DayStar (DS) with the Saturday Harvey Report.


The FDIC did not seize any banks this weekend.

Harvey on Gold wrote:

Gold: Open interest for the gold comex complex: 435,263 a slight rise from 434,296.
The open interest for the front March gold contract: 130

The next big active contract for gold: 245,211

Vol. on the comex Friday: 245,008 vs 207,369

Delivery notices filed on Friday: 14 only

Total notices filed so far: 1397 or 139700 oz

Total number of gold ounces standing so far this month of March:

1397,000 oz (served) + 11,600 oz (yet to be served upon) = 151,300 oz (4.6 tonnes of gold)

Harvey on Silver wrote:

Silver: Total OI 144,813 a drop from 145,338

OI standing for March 1341 a drop from 2597

Next big delivery month is May: 77,494 a rise from 76,682.

Vol. 62,062 vs 52,405

No of ounces standing:

6,165,000 oz served upon + 4,535,000 (ounces yet to be served upon) = 10,700,000 oz\\

It seems that the action is in gold.

Select Commodity Prices:

The Bloomberg Baltic Dry Index (BDI) was 776 up 2.51%. WTI crude was 90.68 down 0.98 today. Brent closed at 110.40 down 0.65. The spread between Brent and WTI was 19.72, up 0.33. US Treasury 30 year was 3.07 down 0.03. The dollar was up 0.32 at 82.29. The PPT/Dow was 14,089.66 up 35.17, ABOVE the very key round number of 14,000! Facebook was 27.78 up 0.53 (1.94%). Silver closed up 0.07 after rallying on the open and then being walked down all day. March wheat was up 5.40 at 713.20. March corn was up 4.60 at 724.20. April lean hogs were 81.125 up 0.125. March feeder cattle were 141.550 down 0.450. March copper was 3.4815, down 0.0460. April natural gas was down 0.030 to close at 3.456. April coal is 59.47, down 0.28.


Thank you for reading the Harvey Report. There is much more on Harvey's blog

https://harveyorgan.blogspot.com.


Goooood day!

Sat, Mar 2, 2013 - 12:09pm
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

This is DayStar (DS) with the

This is DayStar (DS) with the Saturday Harvey Report.


The FDIC did not seize any banks this weekend.

Harvey on Gold wrote:

Gold: Open interest for the gold comex complex: 435,263 a slight rise from 434,296.
The open interest for the front March gold contract: 130

The next big active contract for gold: 245,211

Vol. on the comex Friday: 245,008 vs 207,369

Delivery notices filed on Friday: 14 only

Total notices filed so far: 1397 or 139700 oz

Total number of gold ounces standing so far this month of March:

1397,000 oz (served) + 11,600 oz (yet to be served upon) = 151,300 oz (4.6 tonnes of gold)

Harvey on Silver wrote:

Silver: Total OI 144,813 a drop from 145,338

OI standing for March 1341 a drop from 2597

Next big delivery month is May: 77,494 a rise from 76,682.

Vol. 62,062 vs 52,405

No of ounces standing:

6,165,000 oz served upon + 4,535,000 (ounces yet to be served upon) = 10,700,000 oz\\

It seems that the action is in gold.

Select Commodity Prices:

The Bloomberg Baltic Dry Index (BDI) was 776 up 2.51%. WTI crude was 90.68 down 0.98 today. Brent closed at 110.40 down 0.65. The spread between Brent and WTI was 19.72, up 0.33. US Treasury 30 year was 3.07 down 0.03. The dollar was up 0.32 at 82.29. The PPT/Dow was 14,089.66 up 35.17, ABOVE the very key round number of 14,000! Facebook was 27.78 up 0.53 (1.94%). Silver closed up 0.07 after rallying on the open and then being walked down all day. March wheat was up 5.40 at 713.20. March corn was up 4.60 at 724.20. April lean hogs were 81.125 up 0.125. March feeder cattle were 141.550 down 0.450. March copper was 3.4815, down 0.0460. April natural gas was down 0.030 to close at 3.456. April coal is 59.47, down 0.28.


Thank you for reading the Harvey Report. There is much more on Harvey's blog

https://harveyorgan.blogspot.com.


Goooood day!

Sat, Mar 2, 2013 - 5:26pm
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

Some Comments on Jim Sinclair's KWN Interview

DS: I listened to Jim Sinclair's interview with Max King. Sinclair has a bullish outlook on gold because there has been a change in trading patterns and because of the historically low sentiment for gold among goldbugs. Sinclair believes this sentiment has been engineered by the same folks that gave us the Libor scandal who are now manipulating the COT data to paint a bearish view of the metals. Sinclair believes the markets have been manipulated by a large entity associated with the government and that the objectives of that entity have now been achieved. He has high praise for the "masterful" job these manipulators have done. While Sinclair believes the objectives of the manipulators have been achieved, he declines to elaborate on what the objectives are. He attributes QE to Bernanke's desire to juice the money supply to get an ebullent economy that would generate income to pay off the bad debts the Fed has acquired. He says half of the world's central banks now mark their gold to market in anticipation of the great reset in gold. IMO, these are the countries that will oppose the West when Iran initiates WWIII.


DS (continued): My impression of Sinclair is that he is delivering a message for the elites. He has high praise for the manipulators that achieved their objectives, yet he names no names, yet claims to know the gold market better than just about anybody. So, who are the manipulators, Jim? He seldom gives interviews, but he gave one for Eric King. He hardly ever makes short term predictions, yet he is adamant that there will be a significant market recovery before 27 Mar 13. He is also adamant that gold will blow past 3500. Sinclair's behavior is consistent with the elite's "ethic" that says they must warn the masses before they take some severe action against them. Sinclair's message seems to be a warning that the markets will tank and gold will soar. Sinclair's latest date for a gold market rebound where "this correction will have been forgotten" comes shortly after TF's warning for 3-22 which just happens to be a big Illuminati/Druid holiday and is the banner date (322) for Skull and Bones. Also, Sinclair's date comes just after the cryptic Tweet from an Illuminist who said, "And so it begins". This was just before the 15 Feb 13 near miss by asteroid 2012 D14 and the huge explosion over Russia of a companion asteroid that caused millions of dollars in damage and over 1100 injuries. Then we got the dramatic and unexpected resignation of a sitting Pope, the first such in 600 years, and it ushers in the last Pope of Malachi's list of popes, a fact that has huge prophetic implications, as the last Pope is to reign until the Antichrist comes, and the Sibyls say this Pope is to be ruler of the last world empire before the Antichrist returns. The Pope's resignation was punctuated by a lightning bolt that hit the dome of the Vatican the day after the Pope resigned. The last Pope is to be elected shortly after 19 March 2013 and even possibly on TF's 3-22, which just happens to be a Friday, a very convenient time for a financial collapse and gold moonshot, because they have time over the weekend to close the banks and devalue the dollar. You may recall that Bernanke gave a speech before he became chairman that pleased the elites and won Bernanke the Fed chairmanship. In that speech he expressed the belief that currency devaluation can be an effective tool in the arsenal of central bank weapons. It is the only one of the tools he mentions in the speech that he has not used. He has otherwise followed perfectly the actions he presented in that speech where he outlined the actions that a Fed chairman should take in a financial crisis. Also, Lindsey Williams warned that the elites told him Bernanke would devalue the dollar by March at the latest. While this did not happen in 2012, the elites didn't say "2012", and Lindsey may have been a year early.


DS: I frankly am suspicious of Sinclair, as his story is inconsistent. He admits to having been a chief gold market manipulator in the 70s and 80s, so his past motives and affiliations are suspect, and he expresses admiration for other manipulators that he at other times has accused of having "caused the wreckage of all things once held dear to us". So, while he admires their technical expertise, at other times he loathes the results they have achieved. Sinclair professes to believe Bernanke's objective is to juice the economy with QE and admits this is not working, but he claims Bernanke's agent (presumably GS who has run the gold short and JPM who has run the silver shorting operation) has achieved its objective and has changed its trading pattern. The government manipulator has changed trading patterns in preparation for going long, but this will likely start a huge gold rally and blow Bernanke's dollar out of the water by rebuking its "safe haven" status. The action of damaging confidence in the dollar will severely hurt Bernanke's chances of juicing the economy as we will then likely see hyperinflation. So the government trading agents have achieved their objectives, but Bernanke hasn't, and yet Bernanke is the main thing keeping the government operational, since he buys unwanted Treasuries. So, there is a big piece missing from Jim's story. I think the missing piece is the hidden agenda of destroying the economy, subordinating us to global governance, and having the government owning everything and making the Americans that survive become the perpetual serfs of the elites. Sinclair does not acknowledge that, but his story requires it in order to be consistent. Otherwise, the actions of the Fed make no sense, as it is knowingly committing financial suicide, but Sinclair is mum on this aspect also.

I believe Sinclair's prediction of a big rally before 27 Mar 13, but I wonder about his motivations, affiliations, and his reluctance to endorse silver. Sinclair will not endorse silver when it will, even over the long term, do much better than gold in terms of increased purchasing power. During the next 20 years I expect silver to be more sought after than gold, and silver will probably achieve a silver/gold value ratio of greater than one. However, silver is the Achilles heel of the elitist's whole current global financial operation, and his refusal to endorse silver makes me wonder if he is protecting that vulnerability.

DayStar

Sat, Mar 2, 2013 - 9:05pm
Mr. Fix
Offline
-
NY
Joined: Jun 8, 2012
10801
64421

Reply to your analysis of Jim Sinclair.

Excellent!

We are being fed a boat load of crap, and the things that Jim refuses to speak of reveals what his true motives are.

Objectively speaking, the government, the Fed, the banks, and the elite, are doing everything in their power to destroy the economy, they most certainly are not doing anything that in any way could help it.

The money printing is just for their own personal war chest, it serves no other useful purpose whatsoever.

The wave of worthless greenbacks will drown the American population.

The manipulation is just a not so obscure attempt to hide their crimes.

I agree with your timetable, as I just posted out on Main Street, even Pres. Obama says things are going to be very bad in a month.

Even somebody who is pathologically incapable of speaking the truth will stumble upon it occasionally.

He was outright blaming the Republicans for the carnage that is about to engulf our country.

Not only did he say that it is coming, he said when it's coming, and whose fault it is.

Now that he has his scapegoat, he doesn't need to pretend to prop things up anymore.

A financial Armageddon is dead ahead, and time to stack a short.

Thank you for your commentary DayStar, it was well worth the read.

"When the student is ready, the teacher will appear."
Sat, Mar 2, 2013 - 11:17pm
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

RE: Mr. Fix and Bernanke

Mr. Fix, good to see you back, but I am glad you have paying work to keep you busy. Missed you though.

RE Bernanke: Predicting the future is a risky business. I have been burned several times by being too anxious to see prophecy fulfilled. However, now I see all the prerequisites in place, except I haven't seen Jordan joining the Iranians. That needs to happen before the Iranians invade, but the King may already have reached private accommodations of the Iranian objectives, and from the prophecy their part in the invasion seems fairly weak anyway, but their participation is enough to get them evicted from the East Bank and Amman reverts to its ancient Israeli heritage. Israel actually conquered the territory of today's Jordan long before it took Jerusalem from the Jebusites; about 400 years before.

As I have mentioned before, it appears to me we are out of time in the scheme of things. The seventh world empire needs to fit between now and the advent of the Antichrist in 2034. I think the elites were waiting for the asteroids, and they have those now, and they can now proceed with the schedule. I expect to see a crash of the Euro followed by the yen and two to three weeks later a crash of the dollar. Then maybe 2-3 weeks after that, I expect to see the Iranians invade Israel. This could all go down before July. I think WWIII will be a brief exchange of nukes, the New Madrid will break the continent along the Mississippi River. The Illuminati playing cards show the use of biological warfare and poison gas. HAARP as a scalar weapon may factor into this as well. Something happens in America that thwarts O and his minions. I don't know what. Maybe the New Madrid thing is not part of their plan and it destroys the DUMBs. I don't know. I am just guessing about what saves our bacon, or what's left of it. God does something to break the elite's plan in America. He asks us to repent and pray that the remnant will be big and strong and will stand for right. That is my prayer and my heart's desire to God. However, something of America will survive for a time. I just don't know if it will include me, and I don't know if there will be very many left. We could have a 90% mortality. Another thing that could happen to stop the elitist takeover in America stems from the animosity of the old American elites toward O. They may yet take out O, because they are very unhappy with him. He has double crossed them, and they do not take that lightly, and they are extremely powerful, but a house divided against itself cannot stand. The Illuminati playing cards show somebody like O "sucked dry and cast aside". I believe that card is still in play, and it could be the card action that God bends to the rescue of America. Be what do I know?

HAGD!

DayStar

Sat, Mar 2, 2013 - 11:23pm
Mr. Fix
Offline
-
NY
Joined: Jun 8, 2012
10801
64421

It's good to see you too!

"When the student is ready, the teacher will appear."
Sat, Mar 2, 2013 - 11:28pm
DayStar
Offline
Joined: Jun 14, 2011
2586
14106

Mr Fix!

Happy birthday to you,

Happy birthday to you!

Happy birthday Mr. Fix!

Happy birthday to youuuuu!

DayStar

Sun, Mar 3, 2013 - 9:30am
TomMack
Offline
-
midamerica
Joined: Jun 15, 2011
539
2786

Mr Fix

happy birthday and thanks for bailing me out on the goldfish video.

DS sorry to be off topic

It is the BILL of RIGHTS not the BILL of NEEDS

Sun, Mar 3, 2013 - 1:14pm
dgstage
Offline
-
Horseshoe Bay, TX
Joined: Jun 14, 2011
1637
6734

DS and Mr. Fix

It is great to have awake people like you two, that have good writing skills. Just a word of Thanks.

Happy BD Mr.Fix

dgfish
Sun, Mar 3, 2013 - 1:36pm
Mr. Fix
Offline
-
NY
Joined: Jun 8, 2012
10801
64421

Thanks guys, see you later.

Having a great day, off to the mall with my daughter, then we're having a party!

"When the student is ready, the teacher will appear."
Sun, Mar 3, 2013 - 3:22pm
Nana
Offline
Joined: Jul 21, 2012
4915
14609

Mr Fix

Sung to the tune of happy birthday.

God's blessings to you

God's blessings to you

God's blessings Mr Fix

God's blessings to you.

Good thing you don't have to listen to me sing, lol.....