Main Street, Town Square, Turdville

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Mon, Feb 2, 2015 - 7:48pm
Hammer
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Now you know why we throw

Now you know why we throw eggs at people we don't like....we are just trying to get them to be more giving by eating more Trytophan ! Does eating eggs make you GENEROUS? People donate twice as much money when they consume tryptophan, study claims Psychologists from Leiden University in the Netherlands say that a compound found in eggs can increase generosity Read more: https://www.dailymail.co.uk/sciencetech/article-2936253/Does-eating-eggs... Follow us: @MailOnline on Twitter | DailyMail on Facebook

"I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works." - Alan Greenspan, October 2008 WTF ! Now you tell us !!!
Mon, Feb 2, 2015 - 7:49pm
Hammer
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Maybe we should deliver a LOT

Maybe we should deliver a LOT to bankers and their bosses etc ? Lol.......

"I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works." - Alan Greenspan, October 2008 WTF ! Now you tell us !!!
Mon, Feb 2, 2015 - 9:09pm Hammer
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Hammer

Hammer wrote:

https://gizmodo.com/the-british-army-is-creating-a-battalion-of-facebook-w-1683078069

shills or trolls? Or do we assume God or some other morally superior backer and call them more respectful names?

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Mon, Feb 2, 2015 - 11:00pm
DayStar
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Harvey's Up! (TFMR)

Tue, Feb 3, 2015 - 2:32am
Spartacus Rex
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Sprott Money News - Jeff Nielson: ‘Secret’ Gold Repatriation:

Tue, Feb 3, 2015 - 3:24am
Spartacus Rex
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Michael Snyder:

Tue, Feb 3, 2015 - 3:30am
Spartacus Rex
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Dan Popescu: Five Reasons to Buy Gold and Silver in 2015

Tue, Feb 3, 2015 - 3:44am
Spartacus Rex
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Money GPS

Fed TRAPPED as QE Fails! Congress Discuss NOT Bailing Out Pension Funds!
Tue, Feb 3, 2015 - 4:08am
Spartacus Rex
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X22Report Episode 581

Warning - The Islamic State Plotting Something Bigger Than 9/11- Episode 581
Tue, Feb 3, 2015 - 4:51am
Spartacus Rex
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Rand Paul’s EPIC on-air tirade targets CNBC

Tue, Feb 3, 2015 - 4:53am
Spartacus Rex
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Jim Rickards: Nine Years on, People Forget...

Tue, Feb 3, 2015 - 4:56am
Spartacus Rex
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Billionaire Paul Singer: It’s ‘Quite Nutty’ to Hold Gvmnt Debt

Tue, Feb 3, 2015 - 5:09am
Spartacus Rex
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Gary Christenson: Boom, Bust & Bottom

https://goldsilverworlds.com/economy/coming-boom-bust-and-bottom-in-stoc...

In 1913 the US national debt was less than $3 Billion, gold was real money, and a cup of coffee cost a nickel.

By 2015 the US national debt had increased to over $18,000,000,000,000 ($18 Trillion), the gold standard was called a “barbarous relic,” most currencies had devolved into fiat paper and digital symbols backed by insolvent governments, and a Grande soy cinnamon latte, double pump, triple shot, extra hot, with sprinkles cost about five bucks.

Debt, money, coffee and prices have changed in 100 years.

What has NOT changed is the inevitable collapse of exponentially growing systems. A few extreme examples of exponential increases are:

a) $0.01 (one penny) deposited at the 1st National Bank of Pontius Pilate at 6% interest in the year 15 would be worth approximately $4 Trillion Trillion Trillion Trillion dollars 2000 years later. (Yes, I double checked the numbers, and I used a web based compound interest calculator to triple check. Yes, the number has 48 zeros. Compound interest is the 8th wonder of the world.)

b) Promise 1 grain of wheat on the 1st square of a chess board. Promise 2 grains of wheat on the 2nd square. Then 4 grains on the 3rd square and 8 grains on the 4th square and keep doubling. That promise will consume all the wheat grown in the world long before it gets to the 64th square. (Do you see the similarity between political promises and grains of wheat on chess squares?)

c) The US national debt has increased at 9% per year since 1913 and slightly more rapidly since 2008. Assuming the 9% rate continues, the current $18 Trillion in national debt will grow to over $300 Trillion by the year 2065 and to about $6,000 Trillion by the year 2115.

I DOUBT IT!

Exponentially increasing systems cannot last forever. Our problem is that the global financial system is based on exponentially increasing debt, energy usage, population, and exploitation of natural resources. This appears to work nicely, especially for the financial and political elite, in the early years of the exponential increases. However, we are approaching the inevitable end of the exponential increases – perhaps not in a few months – but our systems probably will not last another decade. In the meantime, the plan seems to be “Party On!”

Examine the 30 year chart of the S&P 500 Index (monthly) on a log scale.

a) Exponential increases are clearly visible.
b) Peaks have occurred about every seven years.
c) Rallies and crashes have become more extreme. Look out below!

Examine the 30 year chart for crude oil on a log scale.

a) Exponential increases are clearly visible.
b) Lows have occurred every five to six years.
c) Prices appear ready to rally – maybe not this month or even this year – but I don’t believe prices will stay this low for long when viewed from a 30 year perspective.

Examine the 30 year chart for silver on a log scale.

a) Exponential increases are clear and very erratic.
b) Important lows have been roughly six years apart.
c) Prices look like they have fallen well below the exponential trend, are currently at a cyclic bottom, and have begun a rally. In my opinion, new highs are on the horizon.

CONCLUSIONS

  1. Exponentially increasing systems do NOT last forever and become increasingly unstable.
  2. The current global financial system depends upon “printing” massive quantities of unbacked fiat currency and exponentially increasing debt.
  3. The exponentially increasing trends for debt, sovereign bonds, currencies, the S&P 500 Index, consumer prices, gold, crude oil, and silver are still in effect. But for how long? What happens at their critical phase transition points?
  4. The S&P looks like it could roll over at any time.
  5. Gold and silver appear ready to rally for several more years. Crude oil appears to be finding a bottom and will eventually rally.
  6. Unstable systems often react violently when they near a critical phase transition or crash point. When the global financial system reaches a phase transition or crash point, would you rather own fiat paper, such as sovereign bonds paying practically nothing and fiat currencies backed by the debt of insolvent entities, or silver and gold?

Repeat: Silver and gold have been a store of value for over 5,000 years. Unbacked paper fiat currencies have always failed. Do you trust politicians and central bankers more than you trust silver and gold? If not, I encourage you to take door # 2 – the one plated with silver on the top and gold on the bottom.

Gold (and silver) is still undervalued, based on my long-term empirical model, by about 16%. Unless the President and the US congress slash expenses, actually reduce the national debt, negotiate world peace, and make many other unlikely policy changes, expect silver and gold to rally in a strong up-cycle for several, perhaps many, years.

Gary Christenson | The Deviant Investor | GEChristenson.com

Tue, Feb 3, 2015 - 5:18am
Spartacus Rex
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U.S. District Judge Jed S. Rakoff of New York Resigns In Protest

Tue, Feb 3, 2015 - 5:24am
Spartacus Rex
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Tim Duy: As of Yet, Fed Not Changing Tune

Tue, Feb 3, 2015 - 5:43am
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EU's Juncker wants to scrap troika's mission to Greece

https://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_02/02/2015_546776

"Greek Prime Minister Alexis Tsipras has said it wants to end the bailout deal and will not cooperate with troika inspectors in Athens.

It says it wants to negotiate directly with European authorities and the IMF over a new accord that will allow a reduction in its debt, which is equivalent to more than 175 percent of its gross domestic product.

Juncker, who is due to meet Tsipras in Brussels on Wednesday, has said he was not prepared to accept any direct write-off of Greece's public debt."

Tue, Feb 3, 2015 - 6:17am
Spartacus Rex
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My Friend Yanis, Greek Minister Of Finance

Tue, Feb 3, 2015 - 6:32am
Spartacus Rex
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Fleeing Capital Clips Wings On US Yields

https://www.cnbc.com/id/102382720

A prime example of how utterly moronic imbeciles cannot even remotely imagine how on this entire earth, one could possibly be more productive and profitable than the pathetic, paltry return of 2.2229 percent on a 30 year Treasury bond, issued by a Country which is already over 18 Trillion in Debt, and rising with no end in sight.

Sheer geniuses.

Undoubtedly graduated one and all, from the very best of the most worthless universities on the planet.

Tue, Feb 3, 2015 - 7:01am Spartacus Rex
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Hi Rex, Methinks Rand may end

Hi Rex,

Methinks Rand may end up tying himself to the railroad tracks with this audit business!

Dog

"Gold will be master or slave."- Horace
Tue, Feb 3, 2015 - 7:29am
Spartacus Rex
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For Crying Out Loud, AUggie DOGgie

How high was your Bail set at, and who finally paid it?

Did you finally manage to get settled in at Gold Dog's Galt?

Re Rand, hell is likely to freeze over before a perfect candidate drops down from heaven, so you may want to review the '29 Crash as to how many, who were so well off one day, were literally jumping out of windows to commit suicide the next when it all went up in smoke, and they were not prepared or equipped to deal with how easily they had been brought so low.

Major difference between then and now being that the vast majority back then were still God fearing and Faithful. Not so much today.

Take care.

Cheers, S. Rex

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