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Discussion Topic:
china transforms north korea
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DerrickMReid |
05-01-2008 @ 10:50 PM
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Member
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Joined: Aug 2007
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Got to save this sequence.
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and Richie, do send along
YOUR CONFIRMATION, (thanks so much!)
http://www.gold-eagle.com/editorials_08/goldrunner043008.html
HOT HOT HOT DANG, your are right, ITS UNBELIEVABLE. two unbelievables this day CDE AND 78-08, wow, showing the tri-decade odd/even octal-segmented RICHIEWAVE
78 high 6$ in 78 going to 55$ in 80, for a 916% move,
9.16 x 21/oz is drum roll .........
192$/oz silver in 2010, and hot d*mn,
if any of you recall my Jan 06 memo, calling for the 2010 dollar collapse, and recent memo about the post olypic surge, wow.
RICHIE is the man!!
RICHIE DOC IS THE SILVER CHART GUY!!
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Richie, I reposted your comment on the CDE message board, a world-wide viewing access. I would not be surprised, if BIG BROTHER just shut you down. Right after I made your finding public, your cite crashed. I dont think it was because of traffic at this late hour. THEY ARE WATCHING YOU!!! bolt the door, and lock and load.
Someone doesn’t like these charts. I’ll stash an extra copy of them here:
YOU GOT THAT RIGHT, baby, the GOLD CARTEL,
is going to SHORT YOU!!!
================
Let start taking odds, Richie has an accident.
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This spooks me buddy, you are screwing directly with the mega-banksters, and they can take you out in a heart beat. Trust me on that one.
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This comment is made to put the CARTEL and their minons on notice that supicion of foul play is already directed their way.
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STO wiggles lining up like that over that length on time, as well as the underlying price action in support, as well as supporting the same collateral gold action.
THAT AINT NO COINCIDENCE.
Is it possible that the bankster have be manipulating prices for 30 years? Is that possible?
That aint no coincidence, that can only be preplaned gameplaned marketeering. NO ONE, no one with any common sense can say that that is mere coincidence.
NO WAY NO HOW
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after Richie showed us all how unbelievable are the similarities between 78 and 08 silver price rises, indicating a sure bet to 200$/oz silver by 2011, in my eyes, (the cartel dont want that, nor any excitement in pm) I reposted publicly, and then omegacity CURIOUSLY went dead, and I got a little melo-dramatic, but you never know, because those coincidences are so strong, that it indicates to me, that the GOLD CARTEL and been controlling bullion allot longer than any of us figured, and Richie's revelations could possibly lead to ROTHCHILDS of the world, exposing bullion head lock over the world for over a century.
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yeap, one unusual cat, ON THE FLOOR 
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I am feeling good, I really liked that Easy as Pie, and the Rebel yell, hhmmm, I think I will treat myself in praise. but how? Oh here ya go,
Forget peking almond duck in a plum sauce, this is it:
MAY I PLEASE HAVE SOME TASTY XERXES ON A SKEWER, please, I will pay extra, for rare, lightly toasted, its just so yummy, just lip smacking, oh what, spending my doe on such chow, casuses the dollar to tank even more, toward my dream of the global real money economy, what, is that so, ALL-RIGHTy THEN, light the coals!!!
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And to think there are those, who, in their warped hate America orientation, actually have sympathy for these throat slitters, thats beyond my comprehension, and that's pretty dang difficult, cause I got a very flexible mind.
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My apologies, I got a boy, US Army, in Iraq, and I just get HOT sometimes.
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I know that, because of my hard-right orientation, (I was 48 on a scale of 0 to 50, jessie jackson being 0 and Reagan being 50), many in here dis my opinions and analysis out of hand.
But if you go back, you will fine that I do not paint the Gov as inherently evil, and I also make the contention that the US dollar decline, graceful and steady, enable super-projection of power, political-miliatary, using the gold cartel, as a means to civilize this world, in the PNAC way, that is a natural occuring form of human cultural evolution, to drive gold higher with limited in rate of increase, and eventually will trash all fiat in the out years, when the dollar and war are replaced by gold and trade. Well Well, others are starting to turn my way, and trust me, I have laid out the GLOBAL CONFLUENCE scenario to President Bush at al, so please carefully consider this so-called "TWIT":
Jim Sinclair’s Commentary
Wake up.
The Fed is now guaranteeing any kind of debt from any financial entity, rescuing any primary dealer in treasuries, any issuer of a significant amount of OTC derivatives like Bear, holders of derivatives written on car loans and consumer loans, and now for economic and political reasons, busted student loans going forward and backward.
The US dollar is going to .5200 and in truth the US sees that as a benefit <-----!!!!!!
Gold is going to $1650 because just those you blame for lower gold will make the greatest profit on gold's rise.
As far as I am concerned about that there is NO question.
=============================
There is no question in his mind, and no question in mind either that this herein entire thread is a good over view of where we are headed, AND most importantly, WHY.
=======================
So lets see how NOSTRADOMIST is doing, OK
From Early of 06, here are the calls:
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2007 Gold hits 1080, Silver hits 17, Iran remain defiant, NK remains defiant, Oil hits 80/barrow, Bush sits on Baghdad, insurgency is reduced. Peak Gold/Oil is on a perpetual down trend. US debt hits 10T.
2008 Gold hits 1650 (Sinclair was right), Rep Condi/C.Cox win US Election, Condi negotiate deal with china, and Japan, suffer reserve devaluation, ending NK nuke problem, and Taiwan start 20 year political process of re-integration into China, china agrees to allow election of local city and state officials. Tibet and Zauxia providence are sedated with religious freedoms and city/state elections.
2009 Gold hits 2100/oz, inflation officially hits 6%, real inflation over 10%, Dollar index 0.50 world economies are roaring. NK dismantle nuke weapons, allowed peaceful use under UN supervision. US shut down borders to all illegal immigration.
2010 Gold hits 2750 Silver hits 100/oz, Condi blockades Iran, Condi and Russia Czar agree that Russia has exclusive economic rights, to REBUILD all Iranian Nuke facilities, in event of confrontation, US blockades Persian gulf, Gulf of Token redo, US takes out all missile batteries and major nuke facility, negotiates deal, Mullah dont control, Hamas and Hezbalah are defanged, women have right of vote, Iran can have peaceful nuke use with UN oversight. Saudis give women right to vote in new constitutional monarchy, Russia gives back WWII Islands to Japan for 2000 tones of gold.
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You call, am I close at all?
Well not right on, but not really that far off.
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A recent study found the average American walks about 900 miles year.
Another study found Americans drink, on average, 22 gallons of alcohol a year.
That means, on average, Americans get about 41 miles to the gallon.
Kind Of Makes You Proud To Be An American!
My fellow Americans, stay off the hard drugs and hard alcohol, plz, that crapola will only take you down.
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Do you know the legend of the Cherokee Indian youth's rite of Passage? His father takes him into the forest, blindfolds him and leaves him alone. He is required to sit on a stump the whole night and not remove the blindfold until the rays of the morning sun shine through it. He cannot cry out for help to anyone. Once he survives the night, he is a MAN.
He cannot tell the other boys of this experience, because each lad must come into manhood on his own. The boy is naturally terrified. He can hear all kinds of noises. Wild beasts must surely be all around him. Maybe even some human might do him harm. The wind blew the grass and earth, and shook his stump, but he sat stoically, never removing the blindfold. It would be the only way he could become a man!
Finally, after a horrific night, the sun appeared and he removed his blindfold. It was then that he discovered his father sitting on the stump next to him. He had been at watch the entire night, protecting his son from harm.
We, too, are never alone. Even when we don't know it, God is watching over us, sitting on the stump beside us. When trouble comes, all we have to do is reach out to Him. Are you frightened these days? If so, take off your blindfold before dawn. Just because you can't see God, doesn't mean He is not there.
"For we walk by faith, not by sight."
Distinquishing between science and faith, but then, the perfection of mathematical physics is in my estimation the will-o-the-wisp of the holy spirit.
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GOP,
I got allot of problems with McCain re the southern border.
Mitt of strong moral values, good border cop, of good business skills, is the pick, and if so, I AM BACK ON THE GOP TEAM! Alternatively, Liberman would be another great pick, war hawks are needed these days. hhhhmmmm
Mitt complement's McCain in many ways.
I GO WITH MITT, ("and his hair is perfect!!!, and he appears always so articulate and presidential)
Derrick
(at ye-ho fucs getting a dish of beef chowmein, Wharewolves of London, Warren Zevon)
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My Cinco De Mayo wish is that the criminal illegal mexican would just go home, take the hot sauce with them, and the mariacha bands, and the somberos, please, and not force me to build a fence, yet force me to pay higher service fees to low end US citizen wage earners, to raise their low end wages in this country, so as to improve the living standard of US citizen working poor Americans.
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so 850 was the long awaited old-high-retest, and last friday, after the comex open, the NY raid took it down 846, a sharp spike down, from the un-profit seeking sellers, but did not trigger the stop-loss down from that critical price.
Drifting up now 862, and if it goes up a little more, it would seem the price action would trigger auto action and black boxes take over on TA to the upside,
IN A MAJOR LEAGUE WAY.
nice cite, but where the old format, I like your brief lines explaining the action as well.
My friend calling a 3 wave decline, and sure enough.
HOW do they do it? The guys that seem to never lose.
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These 9am GMT punks ...
http://www.gold-eagle.com/editorials_08/kosares050508.html
==============
Go to chat here at lemet, formums, and see HOW MANY TOPICS there are to this day, and its dead in here, and that number may not change, 666, talk about OMENCITY.
At investment rairities, commentary of the month:
May 5, 2008
Hyperinflationary Depression
By Howard Ruff
Until now, I have given equal credence to two possible scenarios:
1) We could have several years of inflation as we do now, and the powers-that-be would have a sudden rush of brains to the head, like Paul Volcker and Ronald Reagan did in 1980, and stop the "printing press," ending inflation and the gold and silver bull market, for at least a few years; or
2) It is too late to stop it. The political forces and the Unfunded Liabilities would prevent the powers-that-be from ending the money-printing process, and in fact, would grossly accelerate it. This would result in a hyper inflation (400 percent inflation or more), and the eventual total destruction of the dollar. Suddenly America would find its money totally useless. Store shelves would be empty, gas would go through the stratosphere, and Americans would suffer through the greatest threat since the Great Depression of the ’30s.
So what caused me to settle on number two?
====================
And for the curious, here is the 666th topic:
webmaster: My auto login has seemed to stop working yesterday.I click on the auto login link on cafe email msgs and nothing happens.
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Lets all hope he survives the OMENCITY poltergeist
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Yeap, dead, but we all must use our own brains, and so, I read Bill's le menu postings, jsmineset, gold-eagle edititorial, investment rairities, and Midas column, bullion-desk for more mainstream and general miner news, mostly, to stay on top of things as best I can.
But one thing I have decided, you want to hire a 99% patent office success rate atty, (average is 54% by the by), and you're not the gov, then you pay me in SILVER eagles >1995 only. Income reported on face value, until of course, I sell, which I never do, (as yet in 6 six years) Cash from the gov goes to acculumating mines shares, how's that for one man's way to fight the cartel?
I dont have a problem with the format, as I am not that critical. Bill's column is the best single daily column to get your daiily gold goodies, and that has not changed in my estimation, and I do read allot. I think the low traffic is mostly sentiment. I am long and strong, a perineal bull, so my sentiment has never waivered in six years, I have not sold one ounce, with little rotation in shares. The bugs are taking it on the chin with the take downs, going into the soft season. Bill's highlighting of manipulation may get old to some, (as in the midas comments 2 days ago), where impatience is showing. Daily bashing of the US gov, may get old as well, and will completely turn off a large segment of the bugs having my kind of political orientations in a first order response, so that my be limiting. It is better to state the facts with hints, and let the readers draw conclusions as to vilainy, and Midas could tone it down for a more general appeal, but then, maybe he wants a raving nitch, donno. its his show. Like Nixon's price controls, it was wrong, but was it inherently evil in intent. I still believe that the power folks in DC are acting in good-faith, and surely, it is not their purported viliany that is at issue with me, but the consquences of their acts. However, I think Bill is correct that the managers intervene (rigging) in the bullion markets, which line may get old to some bugs as well, SO WHAT?, without higher highs each day, but the bullion "intervention" by the DC power folks that is the long term driver to higher bullion prices, (Just like Nixon's experiment with price controls) that is consequently ever present, and I am remain very long term bullish accordingly, (like til I die and pass it one to the kids), so IM WITH MIDAS, (to borrow a defunked primary campaign slogan).
3am PST, just watch Au -8 Ag -.18 Oil -1.5 get hammered, but coming right back.
FROM Ted Butler:
Over the past two COT reporting weeks, there has been a commercial net short liquidation of almost 20,000 contracts (2 million ounces) in gold on the almost $90 decline in price. But in silver, on a $2 price sell-off, there has been no reduction in the commercial net short position. In fact, the total net commercial silver short position increased by 2,000 contracts (10 million ounces). I don’t recall ever seeing such a large price decline in silver with no dealer short liquidation. What does this mean?
It means one of two things. Either the dealers will continue to press the price to the downside to hunt out speculative silver long liquidation, or that no further liquidation is possible and we will move up in price, perhaps sharply. It’s just my opinion, but I sense a big move up shortly.
===============
MIDAS's Smeller and Ted both are now on record that "something" is in the air. And the OMENCITY silver god has made the TA SIMILARITY case for an explosion here, as well.
ALL GOING INTO THE SOFT SEASON. That's wild.
Yeap, something is up, or will be soon. (should be)
Time will tell, but I can assure all, that come September, through the "soft" season, I will have more bullion and shares, not less. I just simply can not see a better place to SAVE value these days. What a savings plan, eh?, and you get Vegas style excitment to boot, surges and smack-downs, cloak-and-dagger manipulation, doom-and-gloom, sky's the limit, power shortages, green interference, socialistic take overs, pounding of war drums, bleeding heart political plays, degrading dollar, and extreme rants all over the place, its really allot fun, for me, anyway, and I to throw in a few rants as well, getting to play in this chat, being a thinker of sorts, if you get the emotions out of it, and just GO WITH IT, for what it is.
Save regularly in bullion and shares, for the long haul, and enjoy the ride, and I am convinced we will in my life time see $10,000/oz gold.
==============
3 days ago, in re goldfish 100% thread, I posted the CDNX/gold ratio chart noting an uptic. Well, that has now been echoed by some heavies, and a move may be here and now in the Jrs.
http://stockcharts.com/h-sc/ui?s=$CDNX:$GOLD&p=W&b=3&g=0&id=p35604828120
http://www.gold-eagle.com/editorials_08/hommelberg050608.html
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Dang, OIL popped and now OVER 122/bl, yet Au and Ag have not recovered. THIS IS ABSURED. My entire life, I was told that oil price increases leads to inflation, (has that really changed through a CNBC pronoucment that I missed, except for the raving "commodities are dead" Cramer?) and that GOLD is a leading (not a lagging) inflation indicator, (and when in the heck did the CNBC cheerleaders claim that that indicator is dead, as well, oh, yeah, the relic, which everone keeps an eye on, and there in lies the duplicity of planet wall street).
How possibly can oil be 122/bl and Au only 870.
16x122 = 1954/oz GOLD, MY BIRTHDAY YEAR!!,
happy birthday to me, happy birthday to me, happy birthday dear derelict, gold should be $2000/oz. When do I get to unwrap the present?
IT JUST DONT FIGURE, no matter what way you look at it.
Either oil is coming down (in the face of GS calling 150-200/bl oil), or gold is going up. Flip a coin, (on the flight deck, with the US moving yet another carrier group into the persian gulf). Draw your own conclusions on that one.
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WOW, Dick Morris on the FACTOR, just blew me away, he said, the best question to ask McCain if he support Isreal if Isreal bombs Iran before Bush leaves office, saying, and get this, Netanyahu would be PM in 6 mo and would Bomb Iran. Please go back, to Jan 06, when the PM job was up for grabs, and I said that If Netanyahu is election, Isreal would strike and gold would be 1000 or 1500 by summer. "When Smart Bombs Pop Over Theran, Gold will Pop to over $1000/oz" that was Feb 06. Morris READ MY PLAY BOOK!!!
http://www.financialsense.com/editorials/murphy/2006/0105.html
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President Bush, HERO BUSH, my beloved president.
LET THE STAR OF DAVID FLY!!!
Derrick
Le Patron,
Up the Ante,
Midas' smeller is just fine. Dick Morris on the FACTOR last night, said, the best question to ask McCain is, is McCain going to support Israel if Israel bombs Iran before Bush leaves office, saying, "Netanyahu would be PM in 6 months and would bomb Iran". In Jan 06, when the PM job was up, it was stated that If Netanyahu was elected, Israel would strike and gold would pop over $1000 by summer. Morris read our playbook.
Up the ante, to $2000/oz by Thanksgiving.
http://www.financialsense.com/editorials/murphy/2006/0105.html
Derrick
=========================
GOP, HERO BUSH!!,
Yeap McCain Surrendered the AZ border, kisses Dem butt in the senate, and just tic me off to no end, and on the FACTOR, with OReilly, was definitely showing his middle of the road Colors.
Us hard-righties DO NOT LIKE HIM ONE BIT, (well love the terror warrior stance), but AMERICAN elections are always picking the worst of two evils, in the AMERICAN TRADITION. I would vote for McCain as an anti-far-left vote, anyways.
So, McCain is a CENTRIST, (conservatives dont surrender borders or award criminal aliens with citizenship), and will garner much of the blue-dog dems, western self-reliant types, much of the independent vote, some of the MEX vote for looking the other way, and some racist anti-Obama vote, and some good-ol-boy sounthern vote, as well as some disenfranchised Hillary supporters, and of course, the anti-far-left hard-righties (ME).
DEMS ARE TOAST in November, despite a slowing economy and McCain's treason on the southern border.
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Bill Yeap I love the factor, none better, really, but you miss the boat, dude for the cue-de-gras (? spelling).
So, I will clue you in to the DEBATE of the century.
Why ask the politicians anything, with the respectfull soft balls, all ya get is the spin and dodge.
Lets have a real debate. LETS RUMBLE!!!!!!
First the Moderators,
William Kristol on the Right
Charles Krauthammer on the Right <------ The best of the best, in my view.
Bill OReilly Centrist and Host
Chris Matthews on the Left
George Stephanopolis on the Left
The Political Pundits to Answer Questions in Debate Style:
Ann Coulter On the Right
Dennis Miller On the Funny Right
Laural Ingraham On the Right
James Carville On the Left
Bill Maher On the Funny Left
Neil Gabler, On the Left
These are just suggestions of course.
Talk about a round-house fire works show,
BILL, it would be the SHOW of the decade!!
COME ON MAN, you got the Blah (Russian for Pull) to get it together.
Politics generate so much heat, its so repetitive, its time to bust it loose,
with some REAL TIME fun!!
You watch Dennis and the gal's kick butt.
If you did, NBC and CBS would have no ratings at all.
D
(love your show)
=====================
Le Patron, Charge Boys, and Give'em the Cold Steel
Grandpa, in the late 50s, as I recall well, would each day visit the banks, and get bangs of coins, and he would methodically go through them all, one by one, with a magnified glass, whereat, I learned of little markings like "D" "S" minted on the coins, as they were neatly placed in the blue socketed coin books. But there was one coin of which I will always remember, the 1943 steel penny. I suppose many people today have never even seen one. I have. They are real and do exist. Mostly made of Iron, they are literally dirt cheap to produce, despite a tad of zinc. When base metal prices were high then during WWII and supplies were limited, yet needed for the war effort, the government simply starting minting steel pennies. The government can do and has done whatever it wants to our USA money.
The copper penny came back, and had relative real value to monetized silver. Our coinage money was in intrinsic balanced. We all knew what we had in our pockets and wallets. But then came the 60s, the cost of the Vietnam War and the Great Society and trips to the Moon, and the government stopped minting silver dimes and quarters and halves as the government moved toward decoupling the dollar from silver and gold, violating the constitution and debasing our money, to wage war, social engineer, and impress the Russkies. The government has over spent and debased the dollar, on a power trip extending around the globe. To continue the power trip, the deficits continue and that means continuously debasing the dollar, resulting in staggering inflation at times, with moderate inflation now becoming systemic in the US economy. The systematic debasing of monetized silver and gold through 100 years of inflationary practices for more government control seems as though it will last forever, or until a fatal global collapse of all fiat money. Is there really a zero value of anything? May be not. General Sherman burnt CSA script to keep warm at night as Georgia howled using worthless fiat. Keeping warm on a cold night does has some monetary value, does it not?
The government may not have counted on base metals rising to the highs of late. The copper penny and nickel nickel have survived to this day, but with base metal prices increasing relative to the fiat dollar, the penny and nickel are becoming way over valued to where it may become profitable to hoard pennies and nickels, and effectively take them out of circulation. Something needs to be done now so as to be able to replace these prospective vanishing pennies and nickels which will most certainly vanish from circulation in the near future, simply because they are worth more than 1/100 and 1/20 of a fiat dollar, respectively. Its common "cents".
As the government continues its undisciplined monetary policies, void of monetized silver and gold in circulation, the penny and nickel will go by way of that dinosaur, the silver dime. Sure copper pennies and nickel nickels will be around, if you care to buy them by the bag full for capital gains. It seems clear in the short term, the government will continue to use its no-limit credit card of the bond market to charge more and more debt and continue to debase the dollar, in so doing, shrinking its real value, each day. The penny and nickel in circulation will be history, and very soon, I suspect, and you will know exactly when to start hoarding the penny and nickel, just listen for a treasury hue&cry, "charge boys, and give'em the cold steel".
Derrick
=======================
That was written Nov 2006, now check this out.
And now this day:
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In Midas today:
Bill,
Congress just authorized the U.S. Mint to start producing steel pennies over the next 9 months and steel nickels within two years http://www.steelguru.com/news/index/2008/05/11/NDQ5MzM%3D/US_ditches_zinc_penny_for_steel_version.html. Currently pennies are copper plated zinc and nickels are 75% copper and 25% nickel. This marks a new low in the value of United States money, but continues at trend put in motion 95 years ago. The Federal Reserve was created in 1913, twenty years later in 1933 gold coins were taken out of circulation, then 31 years later in 1964 silver coins were taken out of circulation, than 18 years later in 1982 copper pennies were taken out of circulation, and now 26 years later zinc pennies, and copper and nickel nickels are being legislated away. The economic pain inflicted on working and saving Americans by the Federal Reserves inflationary actions is sickening. Where is the outrage? I figure the Federal Reserve has debased the currency 98% already. Nationwide according to FBI statistics, there was something like $73 million stolen in bank robberies and burglaries last year. We have thousands of law enforcement personnel working to prevent this and prosecute the thieves. The Federal Reserve on the other hand creates $75 billion in a month and everyone says thank you. The term for this is "legalized plunder". Regards,
-Bryant
====================
Thanks Bryant, for the confirmation,
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Today's action in silver was exceptional. With sky-high oil, base metals, CRB, and food prices, Gold need to catch up. But the Cartel sits on gold, and capped it today, yet Silver soared. hhmmm, so what's the diff?
Above ground stocks relative to demand.
The normal market is for gold to move higher, and when the silver spec think the gold move is for sure, they pile into Silver for better percent gains, and Ag falls as well, being, thus more volatile.
Au should hold the 850 on this correction and move to new highs, with Silver expecting to catch up and then more.
But, ..... Today's obvious cap in Gold, with Silver surging indicates, the Cartel CAN NOT CONTROL silver as much, and that makes sense, because of lower stock available IN THE CENTRAL and BULLION banks.
2008 is different, and could have a summer rally of all things, WITH SILVER LEADING the charge.
Jury is out of course, but Silver could explode with low COT.
==============
Bill,
Jason Hommel, calls it like it is, Silver is Manipulated.
1) Prices Fall with increasing demand
2) Lack of Oversight Futures Trading
3) Blind Eye to Concentrated Short Positions
4) PM is anti-paper assest the Nemisis to Wall Streets House of Cards
http://www.gold-eagle.com/editorials_08/hommel051408.html
For Gold, Silver's soul-mate, I would add
5) ECB cartel of Banks protection of Fiat value through Bullion Sales
6) No auditing of US Gold Bullion Stocks
7) Stablization of the Dow and Financial Markets is PER SE bullion manipulation.
8) Bullion is way undervalued relative to other commodities, such as Oil.
9) Recurrent timed dumping on the Exchanges to maximizes LOSSES
10) Monster naked short positions in Major Miners, such as 62 millions short shares in CDE.
11) Bullion suppression is consistent with Strong Dollar Fed Policy
12) Consistent Counter Intuitive daily moves in Bullion to Market conditions, eg, Bullion moves down on weak dollar days, strong oil days, etc.
13) False reporting of real inflation, suppressing Bullion leading indicator of inflation.
14) Timed capping intervention to degrade bullion techicals to trigger up channel retrenchment and stop losses.
15) Black-Balling Pro Bullion Analysts On Major News Outlets, such as CNBC.
Derrick
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This message was edited by DerrickMReid on 5-21-08 @ 2:52 AM
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DerrickMReid |
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05-15-2008 @ 10:59 AM
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Member
Posts:
Joined: Aug 2007
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I DONT LIKE MCCAIN's policies toward CRIMINAL ILLEGAL IMMIGRATION surrendering the southern border to invasion suppressing low-wage earning AMERICANS, and toward "soft interrogation" of throat-cutting civilian-bombing, out of uniform, non-state representing terrorists who fortfiet prisoner rights under any sane legal analysis, nor his cumbieya willingness to cowtow the left. He is a true independent and centrist pretending to be a REPUBLICAN, as I am hard-right. But you know, in comparison to that BRAIN-DEAD CHICAGO-MACHINE PANDERER, PIE-IN-THE-SKY symbol of change, CUT-AND-RUN coward, who preaches drugs to school kids, and hangs out with Anti-American extremists, whilst promoting degrading socialistic policies, MCCain wins, in my book, as the lesser of two evils, "HANDS DOWN".
==============================
Getting to Know John McCain
By KARL ROVE
April 30, 2008; Page A17
It came to me while I was having dinner with Doris Day. No, not that Doris Day. The Doris Day who is married to Col. Bud Day, Congressional Medal of Honor recipient, fighter pilot, Vietnam POW and roommate of John McCain at the Hanoi Hilton.
As we ate near the Days' home in Florida recently, I heard things about Sen. McCain that were deeply moving and politically troubling. Moving because they told me things about him the American people need to know. And troubling because it is clear that Mr. McCain is one of the most private individuals to run for president in history.
AP
Col. (Ret.) Bud Day with John McCain at a campaign stop in Pensacola , Fla. , in January.
When it comes to choosing a president, the American people want to know more about a candidate than policy positions. They want to know about character, the values ingrained in his heart. For Mr. McCain, that means they will want to know more about him personally than he has been willing to reveal.
Mr. Day relayed to me one of the stories Americans should hear. It involves what happened to him after escaping from a North Vietnamese prison during the war. When he was recaptured, a Vietnamese captor broke his arm and said, "I told you I would make you a cripple."
The break was designed to shatter Mr. Day's will. He had survived in prison on the hope that one day he would return to the United States and be able to fly again. To kill that hope, the Vietnamese left part of a bone sticking out of his arm, and put him in a misshapen cast. This was done so that the arm would heal at "a goofy angle," as Mr. Day explained. Had it done so, he never would have flown again.
But it didn't heal that way because of John McCain. Risking severe punishment, Messrs. McCain and Day collected pieces of bamboo in the prison courtyard to use as a splint. Mr. McCain put Mr. Day on the floor of their cell and, using his foot, jerked the broken bone into place. Then, using strips from the bandage on his own wounded leg and the bamboo, he put Mr. Day's splint in place.
Years later, Air Force surgeons examined Mr. Day and complimented the treatment he'd gotten from his captors. Mr. Day corrected them. It was Dr. McCain who deserved the credit. Mr. Day went on to fly again.
Another story I heard over dinner with the Days involved Mr. McCain serving as one of the three chaplains for his fellow prisoners. At one point, after being shuttled among different prisons, Mr. Day had found himself as the most senior officer at the Hanoi Hilton. So he tapped Mr. McCain to help administer religious services to the other prisoners.
Today, Mr. Day, a very active 83, still vividly recalls Mr. McCain's sermons. "He remembered the Episcopal liturgy," Mr. Day says, "and sounded like a bona fide preacher." One of Mr. McCain's first sermons took as its text Luke 20:25 and Matthew 22:21, "render unto Caesar what is Caesar's and unto God what is God's." Mr. McCain said he and his fellow prisoners shouldn't ask God to free them, but to help them become the best people they could be while serving as POWs. It was Caesar who put them in prison and Caesar who would get them out. Their task was to act with honor.
Another McCain story, somewhat better known, is about the Vietnamese practice of torturing him by tying his head between his ankles with his arms behind him, and then leaving him for hours. The torture so badly busted up his shoulders that to this day Mr. McCain can't raise his arms over his head.
One night, a Vietnamese guard loosened his bonds, returning at the end of his watch to tighten them again so no one would notice. Shortly after, on Christmas Day, the same guard stood beside Mr. McCain in the prison yard and drew a cross in the sand before erasing it. Mr. McCain later said that when he returned to Vietnam for the first time after the war, the only person he really wanted to meet was that guard.
Mr. Day recalls with pride Mr. McCain stubbornly refusing to accept special treatment or curry favor to be released early, even when gravely ill. Mr. McCain knew the Vietnamese wanted the propaganda victory of the son and grandson of Navy admirals accepting special treatment. "He wasn't corruptible then," Mr. Day says, "and he's not corruptible today."
The stories told to me by the Days involve more than wartime valor.
For example, in 1991 Cindy McCain was visiting Mother Teresa's orphanage in Bangladesh when a dying infant was thrust into her hands. The orphanage could not provide the medical care needed to save her life, so Mrs. McCain brought the child home to America with her. She was met at the airport by her husband, who asked what all this was about.
Mrs. McCain replied that the child desperately needed surgery and years of rehabilitation. "I hope she can stay with us," she told her husband. Mr. McCain agreed. Today that child is their teenage daughter Bridget.
I was aware of this story. What I did not know, and what I learned from Doris , is that there was a second infant Mrs. McCain brought back. She ended up being adopted by a young McCain aide and his wife.
"We were called at midnight by Cindy," Wes Gullett remembers, and "five days later we met our new daughter Nicki at the L.A. airport wearing the only clothing Cindy could find on the trip back, a 7-Up T-shirt she bought in the Bangkok airport." Today, Nicki is a high school sophomore. Mr. Gullett told me, "I never saw a hospital bill" for her care.
A few, but not many, of the stories told to me by the Days have been written about, such as in Robert Timberg's 1996 book "A Nightingale's Song." But Mr. McCain rarely refers to them on the campaign trail. There is something admirable in his reticence, but he needs to overcome it.
Private people like Mr. McCain are rare in politics for a reason. Candidates who are uncomfortable sharing their interior lives limit their appeal. But if Mr. McCain is to win the election this fall, he has to open up.
Americans need to know about his vision for the nation's future, especially his policy positions and domestic reforms. They also need to learn about the moments in his life that shaped him. Mr. McCain cannot make this a biography-only campaign - but he can't afford to make it a biography-free campaign either. Unless he opens up more, many voters will never know the experiences of his life that show his character, integrity and essential decency.
These qualities mattered in America 's first president and will matter as Americans decide on their 44th president.
=======================
The political animal Bush, just buried OBSAMA, with the apeasment rant in Israel. The Dems are furious of course, but Obsama wont talk with Hezbala, but will, with a STATE SPONSOR of terrorism.
I TOLD YOU, OSAMA was brain dead, stumbling all over himself, pathetically, to spew the latest anti-bush mantra, while pandering, the typical poor me MO.
McCain will chew him up and spit him out.
----------------
1600 BC exploding vulcano destroyed Minoin empire on Crete, HQ kossos, and its defensive fleet, that dominated the mediteranean, and greek cities states in the eastern shores of the Agean Sea were wiped out, leaving the West shore of Greece with a surviving navy and army that quickly finished off the devasted Midas and his Menator. The pillar of Herculies, by Homer in the Illade, are islands in the agean sea. Atantis, kossos, was destroyed by a vulcano and resulting tsunamie.
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The origin of civilization is established. Peruvian 1st civilization, like all early 1500 bc civilization built monuments to GOD, buy unlike other ruins, egyptian, it had NO ARMIES, and no defenses. This first MOTHER civilization lasted 1000 years, WITHOUT WAR!!!! There is a progression in civilization origins, cultivation, trade, writings, and arms. Man is inherently peaceful, when fed, and GOD loving. The trick that started civilization, is not defense by arms in fear of war, but rather, TRADE, and then accounting (asyrians in asian minor for example) leading to writing. Rivers providing cultivation leading to TRADE, the written accounting and writing language, and then arms, in greed as powers abutt. But it was cultivation that enabled trade, and that is when man took off, create great cities, and to dominant the eatrh.
==================
There is hope for mankind, in the confluence, if we can get the population stabilized within food production limits, generally. All we need to do, in addition, is bomb Iran, and hang a few banksters.
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Dems got their panties in a bunch, with Bush, just nailing Osama this day, with the APEASMENT speech in Israel. ON THE FLOOR!!!! The DEM party:
Cry babies enumerable
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Morris just nailed it. Go back to the original thesis, of Dec 05, wherein I said, if the dems move toward the center, they got a shot in 2012. Well Well. Hillary cant win moving to the center, (a dem dressed in a right wing robe) as stated then, (which is pretty left for me), lost the DEM nomination, yet Obama's farther left stances will win the nomination, and McCain will have a field day with him. (They never listen to me)
Morris said, that Hillary has no chance, and THE ONLY POSSIBLE reason for her staying in, (using her own money as no one nows will contribute to her losing bid for the nomination, and money TALKs and BS walks), is to damage Obama so that McCain wins, and she comes in in 2012, as mighty mouse, in the center, saying I told you so, to save the day, with a more centrist posture, in 2012.
THEY ALL READ MY PLAY BOOK!!!
-------------------
HERE IS THE KEY, listen up,
ITs all about d$/dt
The time rate of change of the dollar, and that mean bullion is some measure.
The trick is to allow a gradual degradataion of the dollar and a gradual increase in bullion, which if leverage with shares, (bullion and shares) allows for one to retain wealth in bullion and make huge profits over time in shares to move into bullion.
So, the government is not evil, playing the cards dealt (and doing pretty good at it). Sure, I would rather rapid increases, to get uncorked, and bullion flies, but it will come, the gov cant stop the trend, just manipulate the $ graceful degradation.
The gov in acting in 3rd order analysis, and unless you understand the end game of fiat, you can not appreciate the government for what it is doing, degrading $ to project power to civilize the world while stablizing market, and yes, that inherently means, bullion suppression, with the end game being the demise of all fiat, as war and fiat will be replaced by gold and trade.
Overall. Gov, on this basis, to doing the right SMART thing, though its frustrating as hell at times to us PM players, with much duplicity.
The gov is not evil, just doing what they think is best, and over the long term, I support IT ALL, (in the 3rd order analysis).
===========================
enter CDE http://failurestodeliver.com/Default.aspx
63 million shares this day short, with 6 million failed timely deliveries as of end 07, and failing to deliver. COMMERICIAL FAILURE IMMENENT? By now could be much higher, and of course, the SEC does nothing about that to.
--------------------
GOP
I DONT LIKE MCCAIN's policies toward CRIMINAL ILLEGAL IMMIGRATION surrendering the southern border to invasion suppressing low-wage earning AMERICANS, and toward "soft interrogation" of throat-cutting civilian-bombing, out of uniform, non-state representing terrorists who fortfiet prisoner rights under any sane legal analysis, nor his cumbieya willingness to cowtow the left. He is a true independent and centrist pretending to be a REPUBLICAN, as I am hard-right.
Now we have California, where I live, and Arnie vowing to support gay marriages in California.
Private civil contracts between any two to share, is enforceable, as there is no reason to jam decadent life styles down our throat and teach our kids, that that life style is acceptable. There are no rules, no laws, there is no morality.
Gov Arnie, says, that's OK, gay marriages. Yeah, right, teach our kids through gay-parades and government approval, that rump-ranging is just fine.
GOP has lost its way, surrendering the southern border in treason, and promoting gay marriage.
Take me off your GD mailing list, and stop sending me your solicitations.
NOT ONE DOLLAR to fag loving traitors.
Derrick
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The SEC CTFC is the JOKE of the decade.
SEC:
The SEC CTFC just became the JOKE of the decade, with its no Silver manipulation statement.
8 major perineal concentrated shorts, in the face of 200 million oz anual short fall in production, and the SEC CTFC says no manipulation.
You guys cant be serious?
OUTLAW naked short sales, and limit the number of short futures contracts, per entity, and bust up the ANTI-TRUST silver thugs.
what a joke, but what really tic me off, or what really sadden me, is that, Chris Cox allows it to happen.
Chris Cox, my heretofore admired public servant, just took a major credibility hit with me, here in Laguna Beach CA.
Derrick
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GOP
I am just so disallusioned with the GOP. McCain is the runner, but is flawed in conservative ways. WHAT TO DO? WHAT TO DO? You guys better get MITT ROMNEY on board and soon, as VP, so he can start preaching SOUND MORALS, SOUND BUSINESS, and TUFF BORDER policies, to offset Arnie/McCain or you (we) will loose the rank and file hard right constituency. Get McCain to have a "private" interview with MITT and send us hard-righties a clear message, that the GOP ticket will have right-wing representation!!!
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Sorry, I just notice this thread went over 19000 hits, and trust me, they are not ALL mine, but, a jump, so I was curious, and re-read some on these recent posts. And I tell you all, I just laugh my tail off, every time I read "Bolt the Door and Lock and Load" and "leading to the Rothchilds of the world". Many, if not all, here in the cafe, dont understand my humor nor the crazy mental thought process and associations, and will probably never will have a clue, as to when I am really serious, or not, but that is part of the fun.
ON THE FLOOR "bolt the door, and lock and load".
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Last Summer, I bought 7 bunnies, in the back yard, the boys had fun with them, 3yo 4yo, but, one by one, the bunnies disappeared. They had climb up the retaining wall, one manage to get out, and three days later, with a huge fishing net, recatpured it down the street. One bunny died when the 3yo stepped on its neck, boys will be boys, but the other 6, I could not figure out where they went. I suspected coyotes. One night wife saw a coyote on the patio, looking 15 feet away. So, the coyotes took the bunnies. Oh well. But, two weeks ago, a squerill was sighted, and peanut laid out, and it kept coming back, 20 years, never saw squerill. Then, the squerill climbed up the retaining wall with a nut, but was startled and dropped the nut. I thought uh-oh. Then I saw something move, IT was another, thinner tail, a female, and that means baby squirells in a few months. Then, two days ago, m/f malard ducks were on the retaining, never saw that before either. I have seen several ducks of late, but none near me. It seems that feeding creatures brings them back, and yesterday, I had two squerills feeding with two malards looking on, that a first as well in 20 years. But yet, I at times hear the coyotes yelp, typically 3am, and run the street. I was told a bobcat/linx was after cat the other day. Apparently, the foilage is growing, providing ground cover where both prey/hunter can co-exist. This is new, post the FIRES here in californi, and boys love it. Pet hermit crabs, bunnies, fishes, and wild frogs, red-ants, black-ants, bumble-bee, honey-bees, hummingbird, crows, lizard, all kinds of insects praying mantus, snakes (garden and gophers), gophers, skunks, raccons, teranchalas, squierell, ducks and other animals that seem to be exploding by my house, and I have no clue why, but the boys at 3yo 4yo can idientify all animals (using picture cards) and actually see some of them live in the backyard, which is not large at all. This is a good thing, making this time in my/their lives, very special in deed, discovering nature right at home. Each day I put the peanuts a little closer to the house, so that, the to-be baby squerills will be trained to come in the kitchen and eat out of the boys hands, in time. I am teaching them every day, example, I take them up on the hill behind the house, to hunt for ant-lions, and bring them home, and throw in a few black ants, and the boys understand the preditor/prey thing. I teach them daily, and when they ask why, they get the full blown answer, down to the quantum-mechanic level, at 3yo and 4yo. Todays lesson had to do with vitamins, and the discussion rolled into cell division, fat/carbo/protein/vitamins/mineral relating to good health. PARENTS, teach your children well!! as best you can, you get so much satisfaction from it, and they get a good handle on life early.
===================
PS: Last night smelt skunk, have not smelt/seen skunk in 10 years. Regrow the burnt brush, and these little critters come back in fine sytle. We humans got to give them their space and a little help. all creatures are on same blue dot in space, inter-dependent, and as such, I give McCain a pass on Anwar drilling
=============
Yeah, I know, I am pretty tuff on the Dems, because of the promotion of socialistic tendencies. But lets have a heart to heart on the ying yang American thing. We have just completed 8 years of economic growth, and apparently it continues, though very weakly.
Despite economic growth, the DEMs unreasonably (that is a judgement) push for more social programs. THIS IS WRONG.
Despite economic growth, the REPs unreasonably (that is a judgment) bail out the banks and land speculators and prop up the DOW. THIS IS WRONG.
I can accept the need for social engineering when appropriate, and even though I fundamentally disagree with the NEW DEAL, FDR was faced with REAL suffering in mass. In those times, I will accept socilistic practices, to get people fed and back to work!! A good thing.
I can accept the need to gracefully degrade the dollar to project power to civilize the world.
I can accept bail outs, when such is needed to stave off economic calamity. A good thing.
I can not accept though, proping up the DOW during times of CONTINUOUS economic GDP growth, and during mild recessions.
WE must be careful not to be excessive in social programs, less we destroy the compeitive productive spirit in dependent godless socialism.
WE must be careful not to sustain growth for mere growth maintenance, as recessions are necessary to "cull the herd" of the sick and wounded.
There is a balance, in between.
Moderate Dems and Moderate Reps are the best.
Currently we have extremes on both sides, both equally offensive to me in large measure. The DEMS are way to left in social program proposals, and the REPs feed the banksters and land speculators.
I would much rather NOT HAVE TO PICK between the lesser of two evils, but the polarization these days give us voters no real alternative, but would much rather choose between slightly left and slight right (even though I pound the hard-right mantra). The left scares me more than the right, but both scare me in many ways.
We need to get these politicians ON THE SAME TEAM, with mildly opposing views in moderation.
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The power of propaganda is amazing.
Go back up and read Silver Dragon in the land propaganda.
First of all, lets all do pray for the dead and wounded chinese, and the Bermize. China has mobilized to help, but Bermize gov are a dispicable lot. US carriers with vast supplies off the coast, but can not deliver aid. Dispicable. Outrageous. Actually no words can fully characterized the BARBARIC behavior. The BERMIZE government should now be charged with MASS MURDER, GENECIDE, HIGH-CRIMES against humanity.
I put the Bermize gov in class of the muslim throat slitters, and the Soviets shooting down the Korean Airline, indifferent to human life or rights.
My Russian wife actually believes that that korean Airline safely landed. she said she saw a documentary IN RUSSIA, on Russian TV controlled by Putin.
I cant believe that, but then, my fishing PAL Oleg in Vladivostok said the US never landed on the moon, so there ya go, the propaganda machine.
We get a little spin on the financial state, and MIDAS blows a fuse. How better is our free press, well, opinions are everywhere. If you dont WANT to believe any of it, you dont have to. Is not there a tendency to believe what you want? You bet.
Sure, the truth is colored, by various opinion and spin, but spot price is a FACT!
100,000 MORE Bermize will die because of the Bermize government's low regard for human life and rights, its all about POWER CONTROL. Putin "here our cries"!!!. Go back and find that one, and you will get the picture.
The Bermize Gov, like the Soviets, have/had such a low respect for human life, as well as human rights, that THAT was the evil of the EVIL EMPIRE, highlighted by Reagan. The Bermize Gov is no different, as abosulte power corrupts absolutely.
But you can bet the Chinese Gov will NOT CONDEMN the Bermize Gov, as that might support the MONK democrates spilling over into China. Is all about control, and while China is trying to save face as a precursor to the world stage olympics, the chinese gov is INHERENTLY AN EVIL EMPIRE.
I am rethinking my investment in Silver Dragon, maybe sell, take a loss, to avoid self confliction in relation to THAT EVIL EMPIRE.
----------------------------
Go back up to the Analysis of Putin.
and find the bit about "Putin's Absolute Rule"
"Now we have the FSB, the Russian Federation Secret Bureau under control of Moscow and that means Putin in fact and concurrently soon Medvedia by law. The stink of course was the assassination of the KGB spy, with poloium, purportedly done by the Russians under orders from Moscow. I don’t really have a problem with a sovereign government ordering the assassination of a spy turn-coat, the problem of course, was that the deed was done on British soil, with London in a fuss and demanding extradition of the alleged assassin, with Moscow refusing, of course, and in retribution to the extradition clamor, the Russians are shutting down British-Counsel offices, one of which was the recently targeted one in Ekatrinburg, east of Moscow, and all of which are purportedly cultural exchange offices, teaching English and Western Culture to Russians, the charges being alleged trump up charges of tax evasion, and alleging its a spy front, as Putin attempts to apparently silence non-government organization (NGOs), particularly foreign ones, from operating in Russia, and meddling in Russia's internal affairs. This is kind of like Nixon's "outside agitators" operating on the UC Berkeley campus or others in the early 70s. The difference of course is that Nixon was a War President, and Putin is not, and so, the justifications for sensorship does not seem apparent in Russia. What do they have to loose, with free speech, by anyone, I ponder continuously, without result. Maybe PM Brown should follow Churchill's then example, and ignore the executions, to preserve the alliance. That is, let it go, to sustain the cultural exchanges, the long term gain, for Russia and the world. "
==================
It seem this assissination story just died, right after the memo was sent to Bush. Coincidence? YOU MAKE THE CALL
===================
And Rogers promoting investment in china, should watch a few teenagers get shot in the back of the head, for speaking out, and see if that changes his tune. He is a prick waving the totalitarian flag, though the US FED machinations arnt that far behind. Investment in bullion world wide anywhere is fine with me, promoting a global return to REAL MONEY USAGE.
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Speaking of OUR PAL PUTIN, (I love the way OREILLY says that in derision) anyone check out the may day parade, where putin put on display a multitude of delapidated "Zaporozhets" (soviet made cars) freshly painted? It sent chills down my spine, remenicent of the Soviet block parties. But what struck me, was not the parade per se, but the old women with pictures of stalin!! Yeap, that's right, in the 21st century. Sure, I can understand the old communists pensioners wanting the soviet hand outs, (we call it here TIT SUCKING AARP PIGS disproportionately taking gov resources from the MOST IMPORTANT, our children, as there are never enough tits for the pigs, so I would make sure my 70ish parents have enough). But that I understand, given the soviet propaganda machine and the US DEM propaganda machine (Hillary: "I will made sure the government will take care you", and the US DEM party has become a pack of mostly godless and immoral raving pandering socialists). But, those pictures were from Russian TV controlled by PUTIN, and that means, Putin is trying to resurrect the OLD soviet style central planning ABSOLUTE CONTROL machine, which is being cemented in fact, which most common russians could care less about, needing a couple of generations to understand the benefits of THE DEMOCRATIC CULTURE of opposing views and confliction. There's the message of the parade folks, to PROMOTE PUTIN's continued Tsazist controls. Zebras never change their stripes. Next, Putin will dope Russian olmypic atheletes, like THEY DID to the E.Germans atheletes (where Putin got his KGB training) during the cold war olympics.
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Russian wife just got off the internet, checking out Russian news reports, in Russian, by Russian authors, on the Korean Airline shoot down, and could not fine one article that says that the plane landed safely. She is now literally stunned in disbelief, how she believed the LIES on Russian controlled TV. She said that its clear the Russians tried to cover up and refused to provide rapid aid. (There's the lack of human compasion folks by godless abosolute rule) She said, but the testimonial were so convincing, decorated war heros, with many convincing stories, to cover up the dastardly deed. Just now, she looks like a zombie, shell shocked. She is getting one heck of an education on the need for AN ABSOLUTELY FREE PRESS!!!
(she applied for US citizenship, now in process)
Russia needs an absolutely free press now!!!!
FOR GOD's SAKES, PUTIN HEAR OUR CRIES!!!!
FOR GOD's SAKES, HO start China democratic reforms NOW!!.
FOR GOD's SAKES, Bermize Gov RESIGN IN DISGRACE!!!
(give it up derelict, they are GODLESS. Godless absolute rule, the devil incarnate)
=======================================
Last night, the topic of the Kurst, a Russian front line nuke capable submarine that was lost in the baltic, and I said, that godless absolute rule does not regard human life and rights as suspreme, and hence, Putin would not let US recovery vessiles attempt to save the sailor traped beneath the ocean, in fear that somehow the US to spy of Russian military secrets. (yeah right, like we really want to copy their defunked technology) Russia (Putin) simply would rather the sailor perish, than in any way, bring prestige to the Americans. It was a POLITICAL decision to sacrafice the Russian sailors, and no more. She remarked, maybe you have a point, when the reporters asked Putin about the Kursk, he merely said, "it was lost", and no more. There ya go folks, the epidemy of human indifference by the godless absolute tsar of all the Russias.
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Having said all that, I am a true American, an eternal optimist, and I do pray for the Russians and Chinese, that they may come to understand the benefits of a true democracy, and yes, that includes praying for Putin and Ho as well.
And so, let me now repeat the send off of the absolute rule bit, and ask Putin's ministers, reading this now, to please consider the following:
"Who really knows why Moscow is so resistance to absolute free speech, maybe its just cultural, and many Russians just don’t care, anyway. I don’t fully understand them, nor do I really know it all. I doubt if Professor Igor's english book on Russian culture, will explain Putin's motivations satisfactory. So, the mystery will continue.
But, with Putin as PM and Medvedeva as President, look out for the good-cop bad-cop routine on the international stage. Medvedeva is perfect as the international polite face man, and I think from Putin's power play perspective was a great choice. I of course will be advising Putin that Stalin's image just aint that great these days, as the world looks in retrospect, on absolute controls. Putin so far has done very well for Russia, and his legacy, is now his to lose in disgrace or cement in glory, in perpetuity."
May god bring them wisdom.
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President Bush, Hero Bush!!!!!, my beloved President
On behalf of world wide HUMANITY, I hereby demand that the US government FORTHWITH, tender up a UN security counsel resolution, condemning the Bermize Gov for frustrating of aid delivery, equated to mass murder, genicide as high crimes agains Humanity. (see below) Their conduct is OUTRAGEOUS!!!!!!
Lets put Putin's and Ho's feet to fire, and see where they come down on this one.
My bet, China will veto, and persuade Russia to go along with a veto of such a resolution.
Let the world know the true character of GODLESS ABSOLUTE RULE!!
Derrick
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This message was edited by DerrickMReid on 5-18-08 @ 11:20 AM
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DerrickMReid |
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05-18-2008 @ 11:22 AM
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Member
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Joined: Aug 2007
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Remember these words: "there are never enough tits for the pigs"
The more you feed the pigs, the more you degrade economic expansion, taxes are the power to destroy. Surely, though, the social maintainence, is not a total lost, and buliding young minds is the future, a good thing. A healthy balance must be stuck, all agree, and a balance struck between competitors for the hand outs. We are all compasionate americans, but where should that balance be. Too much, you degrade competitive spirit in dependency and destroy business. Too little and the working poor/elderly suffer too much in the land of plenty, and that is wrong as well, so where is that balance, as the political pendulum swings in DC every 4 years? WE ARE ALL AMERICANS!!! We have had 8 years of +GDP, and yet, all is perceived as going to hell in in hand basket, by most, go figure that one out. That is the issue, where do we spend what is reasonably available. Lefties and righties are not inherently wrong in their views, both sides have merits.
We got 12 million criminal illegals supressing low end wages, hurting the working poor, supression low end wages. There are just too many struggling blacks still in this country and their children GET STIFFed by VOTING white old folks (under the new deal) This is OUTRAGEOUS! ITS BASS-ACKWARD! The balance between the amount of taxes, jungle survival v social compassion, and within that social compassion, between the poor young, adults, and the elderly. The young should get the hand outs, the working poor the helping hands, the poor elderly, a few cans of dog food when absolutely necessary, seems about right. The crux of the problem though is that, children cant vote, and are inherently politically disadvantages from the get go, the cards being stacked against the young in favor of the old.
I got a buck to give. I can only be taxed so much. hhmmmm who should I give it too? An old white on his/her death bed who had an entire life time to prepare for retirement? or A poor black child with his/her whole live ahead? You bet, the child, its all about the children. Kinda like aliens, "forget it gorman, you had your chance" Hey old folks, move over, I got a better use for the tit. How appropriate, the "tit", the means to feed the very young. Use it for its intended purpose and stop the poor me AARP BS, move over GORMAN, you have your chance.
Just one man's opinion, I could be right.
And despite this paricular "right" view, the blacks rally to the pandering Dems' standard time and time again, go figure that one out, as well, while social security goes belly up.
My fav pic was CONDI for pres, by the by, but she never got in the race for Prez. Actually, it would be good for the right "happy negro" to be elected prez,(left characterization of Ron Williams, for example), Justice Thomas, Keyes, and the MD guy, would be more than acceptable to us hard-right folks, or at least me. This aint about race, never was, its about the future, we all being Americans.
And of course, the cries of duplicity, that the mexicans in this country might get booted out. They are not Americans, they wave the mexican flag. They are PER SE criminals, violating US immigration laws. The US stands tall as world most generous country vis a vis other countries. The middle east muslims, with their oil, talk about a bunch of cheap bast***s, while they hoard their gold. There's your MUSLIM compassion folks! Lets call it like it is, and hope Muslim americans assimulate into the culture of voluntary giving to the most in need. ITS THE JEW/CHRISTAIN thing to do! And that is not say, that Muslim Americans dont give, you bet they do, millions made in America, to middle east charities, which money, seems to end up in terrorists' hands, with the throat slitters passing out some of the doe, to keep the rank and file in line, and dependent.
Aint that special!!!
========================
It is great, not having to be PC, you get to call it like it is. And of course, the statements I make are GROSS generalizations, with the extreme statements used to get the point across.
Ah, yet another clue, for the cafe clueless.
Make it extreme, and provocative, to drive the point home, just my style, of course.
Every mulsim American I have met, without exception, have been stand up good folks, and until proven otherwise, they are invited to assimulate with my OPEN ARMS, within the immigration laws on the books, (while hoping like heck, they dont slit my throat for being christian). ON THE FLOOR!!
==========
These guys never listen to me.
So, I got to repeat myself.
This gets really old.
The big down move in the $ comes in 2010-11 fall-winter season, with bullion sitting at at least 2750/oz.
http://www.gold-eagle.com/editorials_08/droke051708.html
But what really bothers is not that Im ignored, (jerk-offs) but whether or not McCain has a heart-attack, and hence, the NEED for MITT!!! (and his perfect hair)
============
Chris,
you are only 22, but a real man, fighting hard in Iraq, and as your father, of course I wish you all the best in life. If something may happen to you, I will always honor your sacrifice for god and country. Your mother is dead, and know you only have pop and your new bride, left in this world. Much of your life will be lived without your parents there for you, to advise and help you from time to time. Sorry buddy, but you got the play the cards as dealt. But in those future days, please always remember, my proudest moment in life, was when you joined the US Army to fight the evil of the world. God Bless, be careful, and shoot straight. Kisses
D
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from the CDE blogs:
"If it wasn't for nationalization,we would still be receiving $300 million a year like we did in 2005," Morales told reporters in Lima."We won't negotiate the looting of our natural resources."
I think that is Definately getting to be the popular Sentiment in Latin America..IMO no country outside the U.S. is safe when it comes to investing in Natural Resources anymore.
My Response:
REALLY, ever hear of FDR and the DEM political party?
You can bet if the sh.it hits the fan, as many are now saying,
http://www.gold-eagle.com/editorials_08/...
the republicans will be sh.it canned, and OSAMA will seize every PM mine in the country, and you can scream CONSTITUTION all you want, about the silver specification therein, and that wont matter either, as, under excutive powers in emergencies, the gov WILL DO WHATEVER it wants. GIVE ME A BREAK
BUY bullion for wealth protection, AND PROTECTION FROM THE GOVERNMENT, and have a few guns around to defend your stash, and buy some shares, to make profit, but be ready to be quickly turn your shares into REAL money, before anyone can seize the mines, and in addition to that, be prepared, at the drop of a hat, to pull your bullion out of US banks, to bury in your back yards.
Buy GOLD, SILVER, and GUNS, and be preapre for the shoot-out at the OK carrol, you p.u.s.s.i.e.s!!
Any you people in the ETFs, you think the gov wont move on that store, to pump real money into the economy, if they choose to do so? WAKE UP PEOPLE, remember the HIGH FIVE to freedom,
GOD GOLD GUNS LAND and VOTE. You got any of that? When 10,000 people have zero value FRNs, for every 1 person who has gold, (wealth), in an economic collasp, guess who GETS THE MINE SHAFT?
===============
I just roar at myself being the ALARMIST!!!
Ron Paul would want me on his team, that's for sure,
but he is too much of cut-and-run coward for me.
=============
http://news.silverseek.com/SilverSeek/1210917480.php
Bix, in a nutsell, proposes selling all your gold, for maximum upside percent profit by buying silver, to bust the concentrated shorts in silver in a massive short squeeze that will then spill over into gold, as the bullion banks dont have silver stocks to suppress silver as much as gold, as a way to defeat the GOLD CARTEL's suppression of gold bullion used support the dollar and fiat, through the silver back door. I noticed BIX's great piece came on the heels of my comment 2 days ago. I dont suggest in anyway, that Bix even saw my writtings, and he states he had been on this line of thinking for some time, so IT's ALL Bix's great thinking, not mine.
=================
My comment was:
The gold price is the key to price movement in silver, but silver is the key to dismantling the concentrated silver shorts and the entire PM complex, and that is what really scares the dollar proponents. They have gold in the bullion banks, BUT NOT SILVER. They can suspress bullion but with decreasing ammo. If however, gold bullion moves higher, Ag price could spike, and that could start the dismantling of the concentrated shorts across the entire metals complex, and that's 100$/oz Ag.
They are not affraid of Gold, they can manage that somewhat, silver is what really scares them, and that means, SITTING on Ag price and on silver producers, and of course CDE.
When does it explode, donno, but if JPMorgan is accululating CDE shares, 4 millions shares, its either a reload for more shorting, or the rats are bailing out of the susspression scheme, as survival is the first rule of the jungle.
Gold higher, dragging Silver, that spikes up, over powers, squeezes the concentrated shorts, and kaboom, the metals are free at last.
================
BIX took it one step further. BRAVO!!
BIX, man o man, I just love great thinkers.
=======
couple of days ago, I made the call
MONSTER SUMMER RALLY, BUY NOW!!
based upon the retest of 850, the following in support:
Richie, great job as usual, thanks so much, but I think you are in the wrong mode just now.
We are going where NO MAN HAS GONE BEFORE!!!
08 will be different
---------------------------
Bill,
On Monday you may wish to comment in MIDAS, on the china earthquake, that will in reconstruction, suck up even more commodities and fuel even more inflation, kinda like the run on materials after hurricane Katrena. As well as Berma catastrophy. The commodities bull has a long way to run, and this just may be the REAL TRIGGER to a very unusual monster summer bullion rally.
Derrick
==============
Le Patron,
Up the Ante,
Midas' smeller is just fine. Dick Morris on the FACTOR last night, said, the best question to ask McCain is, is McCain going to support Israel if Israel bombs Iran before Bush leaves office, saying, "Netanyahu would be PM in 6 months and would bomb Iran". In Jan 06, when the PM job was up, it was stated that If Netanyahu was elected, Israel would strike and gold would pop over $1000 by summer. Morris read our playbook. Up the ante, to $2000/oz by Thanksgiving.
===============
STALKER CALLING $1500!!!!!!!!!
=============
Le Patron
For the Clueless,
One thing is sure, hanging on to bullion since jumping in 2001 has been a winner. The 06 run in bullion mirrors in large measure the 08 run, as documented by RichieDoc of the Lemetropolecafe. The run thus far in 08 has been good, but will there be a like May-06 sell off? I'm holding bullion, it has been a winner play for seven years running.
And is not 2008 different?
In 2006:
No Inflation Expectations
No Dow Top
No Short Squeezing
No CB Gold Sale Reduction
No Panic Fed Rate Cuts
No Small Spec Shorting
No Decreasing Interest Rates
No SA Power Outage
No Recession Talk
No Subprime Fallout
No Credit Freeze
No Billion $ Write Downs
No 100$ oil
No 2000$ Pt
No Wheat rampage
No Planet Wall Wtreet PM Coverage
Yet some things have remain the same.
Base Metals and commodities in general on a surge.
Dollar continues its century long fall to zero value.
Triple Deficits with no end in sight.
Third world booming economies.
Wars, Wars and more Wars.
This time, in 2008, bullion will be different. I am sticking with my 2007 call for 2008, and silver will move there NOW, to 23$/oz minimum before a correction, that wont be, 5% max, but a leveling breather, but just for awhile, but with a upward bias until another round of squeezing.
And the sad thing is that the CBs and the CARTEL have conditioned most people glued to planet wall street to think in presupposed ways, the common fold, the party line, as the small specs short bullion on this move, waiting for the ever present and expected CARTEL raid, that wont happen, not this time, and the small specs will get there Butts handed to them. The CARTEL may raid, but buyers will buy it all up, and fast. The small spec shorts are lemmings following years of banks' conditioning the sheeple with talking down bullion along with CARTEL raids.
So, it appears that, the first round was buyers taking on the CARTEL with increasing prices, where after, the small spec (little future guys) get squeezed out for the big lost, right now, as the run continues. This is why the small specs shorting is bullish. The second phase is where the major squeeze takes out perennial monster shorts sending Ag well over 100$. Mom and Pop will then take serious notice of that move, for sure. The third round comes at $500/oz Ag after MON and POP put their houses on the line, only to then have Ag correct to 200$/oz, as Mom and Pop no longer have to pay that adjusting teaser interest rate on their subprime loan, as Mom and Pop will get free meals to boot, in the shelter at the soup line. The small spec shorting is the clue, that 08, is really different, for the clueless.
==============
Last Agugust, made a similar call, and gold move from 675 to 1033, hoping more another move, at least to 1200
===========
sinclair at jsmineset seems pretty sure:
Dear CIGAs,
The price of gold is headed slightly below $1000 before it will fall back as the crowd yells double top, but double top it is NOT. Gold will then break above $1000, $1024 and $1033.
If you do only one thing, I would suggest that it be cancel your open sell orders in both gold, and junior gold shares.
Like always, you do not chase gold up by paying ever increasing prices using margin and then selling at exactly the wrong time.
You do buy the breaks (when foolish moves are made to placate politics trying to put the price of oil lower) to the degree you can afford even if you pay too high on any fall. That pain will be a temporary condition.
As far as selling goes that is up to you.
As I see it the coast is clear, or as clear as the price of gold will ever be, for an appreciation of $300 from present levels
For the public margin is a financial death wish. Margin is a major DO NOT DO.
Volatility is about to reach a spiritual level, even greater than you have just seen.
========================
An unusual summer rally???????????????
ITS POSSIBLE (as the russians say)
================
did you see that, buyers coming in pushing to 907 and 17.16, volume modest, and then the SMACK DOWN, on high volume, summer rally?, IT WONT BE EASY
===================
I recall so well Bush, trumpeting in job growth, but what really stuck in my mind was how he really like saying MORE AMERICANS HAVE A HOME than any other time.
There ya go folks, a break down in the ying yang, Bush became a "compasionate" conversative.
WHEN TWO KIDS SITS ON THE SAME SIDE OF A TITDER-TOTDER, the titder-totder dont go up and down anymore, IT GOES STRAIGHT DOWN on the side where both children sit. Got to have the OPPOSIING pulls, the ying yang thing, or it all goes down the tubes.
BUSH's problem is that he cares to much for the poor (putting them in houses they cant afford) and the mexicans (suppressing low end wages). Yeah you care TO MUCH, you take us all down. Social engineering by the FEDs is just as bad as social hand outs on the left.
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Irish Rebel: Its my island. If I fight for you, do I get kill the english?
William Wallace: Yes, you fight for me you get to kill the english.
Irish Rebel: EXCELLENT!!!
When Longshanks brought in the Irish, they JUMPED ship, and went the other way. Longshanks rank and file may desert the KINGs of bullion at any time.
Closing gap this day from asian rise and pre-ny open, with the smack down in metals, builds upon friday's gains. Technically, very constructive. EXCELLENT!!
Could be very good gains for the metals tomorrow.
This is the place when you can see a 2$ up move in silver.
RichieDoc showed that we are on the edge of a major break out, (of course, TA, could go the other way). But with Oil, Gold, etc. etc. it does not seem right for a down move, with 16.50 holding so well on many down moves.
IT JUST FEELS RIGHT, like right here, right now.
wishful thinking, probably, lets see.
eI, you fight the king and you may die, or you may run now and live many days from now, but would you, like me, give just one day, JUST ONE DAY, for all those days, to live in FREEDOM!!
==============
I am proposing some changes, not really changes, more like clarification, so that JUDGES, like the california suspreme court, dont legistlate from the bench.
We the sensible people of the United States in an attempt to help everyone get along, restore some semblance of justice, avoid more riots, keep our nation safe, promote positive behavior, and secure the blessings of debt-free liberty to ourselves and our great-great-great-grandchildren, hereby try one more time to ordain and establish some common sense guidelines for the terminally whiny, guilt ridden, delusional, and other liberal bed-wetters. We hold these truths to be self evident: that a whole lot of people are confused by the Bill of Rights and are so dim they require a Bill of NON-Rights.
ARTICLE I: You do not have the right to a new car, big screen TV, or any other form of wealth. More power to you if you can legally acquire them, but no one is guaranteeing anything.
ARTICLE II: You do not have the right to never be offended. This country is based on freedom, and that means freedom for everyone -- not just you! You may leave the room, turn the channel, express a different opinion, etc.; but the world is full of idiots, and probably always will be.
ARTICLE III: You do not have the right to be free from harm. If you stick a screwdriver in your eye, learn to be more careful; do not expect the tool manufacturer to make you and all your relatives independently wealthy.
ARTICLE IV: You do not have the right to free food and housing. Americans are the most charitable people to be found, and will gladly help anyone in need, but we are quickly growing weary of subsidizing generation after generation of professional couch potatoes who achieve nothing more than the creation of another generation of professional couch potatoes. (Get an education and go to work...don't expect everyone else to take care of you!)
ARTICLE V: You do not have the right to free healthcare. That would be nice, but from the looks of public housing, we're just not interested in public healthcare.
ARTICLE VI: You do not have the right to physically harm other people. If you kidnap, rape, intentionally maim, or kill someone, don't be surprised if the rest of us want to see you fry in the electric chair, sniff the gas chamber, swing from the gallows, or take it in the vein!!
ARTICLE VII : You do not have the right to the possessions of others. If you rob, cheat, or coerce away the goods or services of other citizens, don't be surprised if the rest of us get together and lock you away in a place where you still won't have the right to a big screen color TV or a life of leisure.
ARTICLE VIII: You do not have the right to a job. All of us sure want you to have a job, and will gladly help you along in hard times, but we expect you to take advantage of the opportunities of education and vocational training aid before you to make yourself useful. (AMEN!)
ARTICLE IX: You do not have the right to happiness. Being an American means that you have the right to PURSUE happiness, which by the way, is a lot easier if you are unencumbered by an over abundance of idiotic laws created by those of you who were confused by the Bill of Rights.
ARTICLE X: This is an English speaking country. We don't care where you are from, English is our language. Learn it or go back to wherever you came from! (Lastly...)
ARTICLE XI: You do not have the right to change our country's history or heritage. This country was founded on the belief in one true God. And yet, you are given the freedom to believe in any religion, any faith, or no faith at all; with no fear of persecution. The phrase IN GOD WE TRUST is part of our heritage and history, and if you are uncomfortable with it, TOUGH!
Sensible people of the United States speak out because if you do not, who will?
====================
President Bush, HERO BUSH! my beloved president,
Lets be honest, shall we? You have had caused 8 years of positive GDP growth, yet chicken-littles abound. You have freed 50 millions of people in the Middle East, yet indifferent pacifists abound. You have stopped terrorist attacks on US soil through a forward defense, yet Cut-&-Run Cowards abound.
As president, as the "Original Gorilla" Lincoln well knew, sometimes you just cant win with some folks, and after decades of Leftist Socialist Pandering by the Democratic Political Parties, American expectations of the easy life, free of charge, without any pain, expect nothing but gain in perpetuity, as if were written on tablets from GOD.
YOU CANT WIN, (just now) but maybe the world can. Russians have had a taste for freedom or money. They are not going back. China will eventually fall into democracy under the weight of human cries, without firing a shot. North Korea will chill out as Russia and China don’t want interference into their money making and trade. South American leftists come and go, depending on the flavor of the day, and over generation will strike a healthy balance in political affairs. Cuba will one join the democracy team. Al Queda will be hunted down and suppressed by all nations cooperatively. Syria, Hamas, and Hezbaloh will fall, only when their pay-masters Iran, heel, and as such, Iran is the last serious nut to crack in global militancy toward the goal of the Global Confluence, where, in the out years, War and Fiat will be replaced by Trade and Gold, as War between nations will be counter-productive to all, and Gold will keep international trade free and fair, a desire by all international traders. Google "china transforms north korea", where anyone who wishes may understand this point of view.
Bringing democracy to the Middle East has and will be difficult, but 30 years hence, many on the Muslim street to look back, and say Bush gave us freedom, a good thing. This will occur over this DEMOCRACY CENTURY, your true legacy. But you have not finished the job, and the cut-and-run Coward Osama might get elected, and prolong, but not stop, the civilization of this world.
Currently THERE ARE NO WARs between any two recognized nations on the earth, yet many think the world is aflame in war. People today don’t know or have forgotten what real war is. Sure, there are many insurgency about the globe, but this is the inevitable dust raised in the foot prints of walking liberty, who first started her march about the globe on December 2nd 1862 when President Lincoln said that democracy was the last great hope ON earth. Humanity is in a 3000 year bull run toward increased, not less, civility.
The Iranian are spreading terror and killing our boys. This can not stand. Before you leave office, you must make Iran heel for many good reasons, and posting 7 carrier battle groups in the Persian gulf, for a Gulf of Tonken redo, is the best way to take out Iranian missile batteries and nuke facilities with stand-off capabilities, (save the Russian built nuke reactor, as we/UN want the Russkies there keeping a close eye on things).
Secure the global confluence in your time. Cement your legacy, as in for a penny in for a pound. Take out Iran NOW. I do not say this lightly, as my boy is in Iraq as I write, and Iranian terror bombers is a possible threat. Before or After the election, Before or After the Olympics, its your call would be timely. Before the Olympics might just get the serious attention of China who might force Russian compliance to strong measures.
As Lincoln said to General McCelllan, I have never written you with kinder affections than now, but you must act.
Derrick Michael Reid
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This message was edited by DerrickMReid on 5-21-08 @ 10:12 AM
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DerrickMReid |
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05-19-2008 @ 10:20 PM
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Member
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Joined: Aug 2007
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From Above, Bush, On behalf of world wide HUMANITY, I hereby demand that the US government FORTHWITH, tender up a UN security counsel resolution, condemning the Bermize Gov for frustrating of aid delivery, equated to mass murder, genicide as high crimes agains Humanity. (see below) Their conduct is OUTRAGEOUS!!!!!!
Within 24 hours of my memo, this day Berma said it would open up to Asian countries (china) to help with supply distribution, re the GODLESS ABSOLUTE RULE. Maybe Bush put some heat on behind closed doors, after getting my memo? Mere Coincidence?
-----------------------
Re Memo to Bush: BUSH's problem is that he cares to much for the poor (putting them in houses they cant afford) and the mexicans (suppressing low end wages). Yeah you care TO MUCH, you take us all down. Social engineering by the FEDs is just as bad as social hand outs on the left.
Within 24 hours of my memo, bush meets with Tres Sec Paulson, and said Gov should not bail out irresponsible lenders and speculators, but only help credit worthy borrowers. HE GOT MY MEMO!!!
Coincidence? You make the call
-------------------------
Read my play book?
BEST OF BILL BUCKLER
May 14, 2008
http://www.investmentrarities.com/
The Return Of Gold As A Global Monetary Standard:
Naturally, each of the currencies in each of these global corners - US/North America, Latin America, Europe and Asia - will be valued against each other in active markets on the world's currency floors. But without a dominant "reserve currency", this new global monetary order will lack a real strategic centre of gravity. This is where GOLD comes back in main force. It is one of the inherent necessities of human logic to always have a gauge, a measuring stick, against which to measure all other like things. There are kilometres and miles for distance, kilograms and pounds for weight, gallons and litres for volume. The built-in factor in this new monetary order is that Gold will de-facto end up in the middle with each of the other four currency corners and monetary systems in their turn valued against Gold.
--------------
From above Metals May Rally Today:
up 50c, so far today, 1.50 to go, and I will look smart. Actually, it was an easy call, I got the birthdate last night of Mahendra SharmaN's monkey.
And what is really good about Ag rise, is that, as mostly by-product, it lifts all metal boats, IN OUR BOAT UPON THE SEA, as yet another reason why the cartel is mostly afraid of SILVER, no wonder it has the LARGEST commodities concentrated short positions, in HUMAN HISTORY.
ok, trying to cap at 920 and 17.50,
last week, we had two impressive, secondary surges, after the first caps, BUYERS are there!!
=========
BINGO 921.50, buyers have shown up, great!
BINGO 923.50, lets rock!
BINGO Ag to 17.65, YEAH BABY!!
----------------------
BECAUSE THE DOLLAR PROPONENTS (FIAT MASTERS) dont want Ag high nor the shares. PMs are the nemsis of the fiat printers. And CDE and Ag are two BIGGEST targets. Bullion bank gold stocks can be and are used to control gold, but there are NO SILVER STOCKS, and to bust up the CARTEL, and free the entire metal complex (by-product silver lifts all metal boats) SILVER must first explode and squeeze out the Ag concentrated shorts along with CDE. We take out the gold cartel through the silver back door.
=================
You guys (cde message board) are playing with Ag/CDE the dollar antithesis nemises, and blowing it up will be difficult, but WHEN, (not if) it does, o-lordy.
EVERY SINGLE CENTRAL BANK IN THIS WORLD HAS A VESTED INTEREST IN SITTING ON SILVER AND CDE.
Its the folks v the Fiat Printers. GET IT?
Freedom:GOD GOLD GUNS LAND VOTE
(fiat aint included, you slaves)
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Currently, 57 million short interest in CDE. And 8 months of silver production concentrated shorts.
SEC:
with concentrated silver short, and CDE shorts, prima facie criminal, why not avoid the APPEARENCE of complicity or nonfeasence, and bust up the concentrated silver shorts?
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All ya got to do is ask the question, but I asked the wrong person.
Butler: This is a very significant [SEC CFTC] report, as was the one in 2004. If you use a little common sense, you can see that there’s a real problem in silver. The regulators and the big shorts are stuck and they know it and this report proves it.
Butler: The fact that the CFTC took such pains to say there is no problem in silver. This issue of the large concentrated short position being so large goes so clearly to the heart of their main regulatory function that they can’t address it straight on. They have to throw this much ink on paper to avoid confronting the real facts.
---------------
A. Roy Lavik
Inspector General
US Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st St, NW
Washington, DC 20581
Alavik@cftc.gov
Dear Sir,
I am writing you to echo Ted Bulter's concerns regarding manipulation of the silver market. However, I would like to come at this issue from a completely different perspective, and that is, the long term health of our great nation. I have written a rather long thread on the "global confluence". Please google "china transforms north korea", and there is a novel perspective of our world, in terms of where we have been, where we are, where we are going, and most importantly WHY. From my perspective, it is asolutely necessary that THE PEOPLE of the US own and possess real money, gold and silver eagles, and that the government be prepared to switch back to the gold and silver standard, to maintain very long term strength in our great country. My perspective, is not one of busting up concentrated shorts to correct a percieved criminal manipulation, but rather, to set the stage for very long economic survival of our great nation. The US Government is not evil, as some nuts would claim, but rather misguided in long term planning, and on that basis, hope that you will very carefully consider Mr. Bulter's contentions.
May God Bless you, and your good work.
Derrick Michael Reid
Laguna Beach California
A common and concerned citizen
of The United States of America.
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Dear Inspector General Lavik;
I am writing to ask you to investigate what I believe is a serious case of misconduct within your agency. Specifically, members of the Commission and staff are currently and intentionally derelict in fulfilling their obligations to prevent manipulation in markets over which they have jurisdiction.
On May 14, 2008, the Commission’s Division of Market Oversight (DMO) issued a report that re-examined long-term and recent allegations of manipulation in the silver futures market. The report was generated as a result of public articles written by me and found here - http://www.butlerresearch.com/archive_free.html At the heart of my allegations is the issue of a concentration on the short side of the market that is documented in the Commission’s weekly Commitment of Traders Report. The DMO’s report concluded no such manipulation existed in spite of the concentrated short position.
My complaint to you about misconduct by the Commission does not solely concern the findings of the report, but the process of the investigation itself. It is clear to me that no fair investigation was intended, nor undertaken because only interviews were taken of short side participants. Neither the Commission, nor the DMO sought input and feedback from those making the allegations, because the conclusion of the report was likely formed before the investigation began.
Even though the investigation took six to ten months to complete, and involved numerous high-level meetings and significant man-hours and expense, because it was conducted unfairly, the issue of taxpayer waste is also an issue.
I respectfully request that you investigate the process of analysis in the report to determine if it was fair and free of misconduct, fraud and abuse, and whether taxpayer resources were, in fact, wasted. If I can offer any assistance, including private commentary between the Commission and myself, please don’t hesitate to contact me.
In the interest of full disclosure, I intend to make this letter public and ask those who are interested to contact you as well.
Sincerely,
Theodore Butler
============
TED BUTLER COMMENTARY
May 20, 2008
TED BUTLER INTERVIEW
Cook: The Commodity Futures Trading Commission just issued a staff study that finds no evidence of market manipulation in silver futures. Did this report catch you by surprise?
Butler: Not at all, I wrote that something was coming out the day before.
http://www.investmentrarities.com/
-------------------------
Bill
There are two heros in the PM sector, Midas and Butler.
D
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FOUR HOURS!!!!! after sending the following list to the SEC charging silver manipulation, cc major news outlets, political leaders, and posting on resrouce-investors getting huge number of google hits, ....... (and to Midas who posted it as well, please forgive him posting a rant from a neocon, for he knows not what he does ....
(drum roll please)
Jason Hommel, calls it like it is, Silver is Manipulated.
1) Prices Fall with increasing demand
2) Lack of Oversight Futures Trading
3) Blind Eye to Concentrated Short Positions
4) PM is anti-paper assest the Nemisis to Wall Streets House of Cards
http://www.gold-eagle.com/editorials_08/hommel051408.html
For Gold, Silver's soul-mate, I would add
5) ECB cartel of Banks protection of Fiat value through Bullion Sales
6) No auditing of US Gold Bullion Stocks
7) Stablization of the Dow and Financial Markets is PER SE bullion manipulation.
8) Bullion is way undervalued relative to other commodities, such as Oil.
9) Recurrent timed dumping on the Exchanges to maximize LOSSES,
10) Monster naked short positions in Major Miners, such as 62 millions short shares in CDE.
11) Bullion suppression is consistent with Strong Dollar Fed Policy
12) Consistent Counter Intuitive daily moves in Bullion to Market conditions, eg, Bullion moves down on weak dollar days, strong oil days, etc.
13) False reporting of real inflation, suppressing Bullion leading indicator of inflation.
14) Timed capping intervention to degrade bullion techicals to trigger up channel retrenchment and stop losses.
15) Black-Balling Pro Bullion Analysts On Major News Outlets, such as CNBC.
CNBC had on a bullion analyst promoting CDE/silver, and then
Bloomberg had on another bullion analyst promoting CDE/silver.
mere coincidence? YOU make the call
-------------------------
A COMMON citizen, of the USA?
come on, did your eyes roll?
==================
Sinclair Read My playbook?
We both have called 1200 on this run
We both have called for an unusal summer Rally
I said right here right now, and Sinclair says here and now.
That's wild!
Sinclair at jsmineset:
Dear Comrades in Golden Arms, CIGAs
Gold:
This move in gold is real.
The volatility of the gold price up and down is going to be wild. Buckle your seatbelt and put on your helmet.
Gold is headed to $1200 here and now.
The drought of interest in juniors is behind us, having ended on May 8th 2008.
The positivity of the gold price has legs both in time and price. I see months, not weeks in this phase.
"Sell in May and go away" will be proven completely WRONG this time around.
=======================
Mere conincidence, you make the call.
----------------------
More From Sinclair:
----------------------
The Federal Reserve:
The equity market spoke to the Fed today.
There isn't a snowball’s chance in hell that the Fed can go hawk, even one bit.
The key to keeping the financial system afloat is that business does not go into a total tailspin with housing bottoming out reasonably soon.
If the Fed even talks tough to try and prove they have everything under control, everything will get out of control in a very destructive way.
Federal and State tax revenues are contracting and if the Fed plays the tough guy the deficits will be unprecedented.
If the Fed plays the “we have it all under control, business is sure to recover and therefore we are hawk” card, Bernanke’s boss will go down in history next to Hoover. The Democratic Party could run Mickey Mouse for president and win in a landslide.
The last thing the financial system can stand now is an implosion of the equity market.
The Fed is between a rock and a hard place, playing terminal games with the financial system.
When the book is written Bernanke will get all the blame when in truth he is only the fall guy.
====================
My comment,
The Democratic Party has already choosen to run micky mouse.
-----------------
A recent Financial Times of London featured editorial was titled, Gold is the new global currency.”
Well I glad someone is listening to me.
War and Fiat will be replaced by trade and gold, in the out years. Iran remains the last serious nut to crack in the global confluence, and after which and through which, the dollar can tank to prolong the projection of US military might, and after the deed is done, A BILLION DOLLAR AN OUNCE, (go back and read it one more time, and enjoy!!)
------------------------Never Mind, here it is:
Le Patron,
A Billion Dollars an Ounce,
As our world moves ever closer toward comprehensive interconnectedness between all nations in the global confluence, currently characterized by trade globalization and global democratization in this democracy century, that is driven by human cultural evolution, toward completion, when ultimately wars are replaced by the up coming trade wars, and when all fiat paper money is driven to zero value and replaced by gold and silver real money as the global medium of exchange dictated by UN treaties outlawing international settlements in fiat, practical considerations are pondered as to the practical mechanics of seamlessly switching from fiat money to real money world wide. A primary goal, when switching from fiat money to real money, is the avoidance of concomitant economic devastation, depression, or severe recession typically characterized by and experienced during the collapse of a fiat money regime. The German early 20th century Wienmark Republic provides the exemplar quintessential calamity experience during such fiat money collapses. The Russian Ruble twice collapsing is another example upon the dislocations suffered when switching from a communist economy to a market economy.
Currently, in the US, the Federal Reserve Note (FRN) is the fiat money used, that has become the world reserve currency, held in quantity in most foreign central banks. The Chinese, for example, are reported to possess upwards of 1.3T-FRN$ in their foreign exchange (Forex) bank reserves. The Federal Reserve Bank, (FED) of the US issue bonds to foreign banks to repatriate FRNs to accommodate current account balances in the US and world wide. The US national debt is today rapidly approaching 10T$. Sure these are big numbers, but, wait until the out years come, when the fiat regimes world wide collapse. The world is racing to that end, as banks around the world attempt to out-print each other, trying to maintain advantage, in a precursor to the up coming trade wars, in manufacturing exports to support respective domestic economies. All paper fiat moneys are experiencing inflation, mostly now actually into double digits, and inflation is and will continue to accelerate into hyper-inflation, and then lastly into mega-inflation, as the end days approach for all fiat paper moneys and national fiat regimes, collectively, referred to as the world fiat complex. Gold and silver bullion has made remarkable increases of late relative to the fiat complex, but what we are seeing is merely the infant stage of collapse of the fiat complex. The fiat collapse has actually barely begun in earnest.
In the context of the global confluence, the use of fiat money has been the primary enabler to particularly project US economic and military power over the last 100 years, primarily starting with the creation of the FED, then with FDR's confiscation of gold from the public, as well as the 1972 disconnect between the gold and the FRN. While real money believers are appalled by the disconnect, and while many FRN savers have been burned by inflation, and will be burned by the fiat complex collapse, the result of the fiat use during the 20th century and into this 21st century, has been an ability to fund US military, economic, and political might which have collectively in fact civilized this world, in large measure, in this democracy century. Now that that civilization has been substantially complete or will be substantially complete soon, war will be outlawed in the years ahead, and as such, the use of the fiat FRN has been, in this measure, a good thing for whole of man kind. But, now is the time to get back to honest government, honest markets, and honest money. Its now time to go back to our traditional roots as free Americans. Personal ownership of land, guns, gold/silver and the vote for less government are the hallmarks of any free society, and puts ultimate power in the people, and we Americans have let our freedom wane, under government controls and mandates. But with the coming completion of the global confluence, lets all Americans demand back all of our freedoms, free from over-intrusive government actions and robbing fiat banking systems. We sacrificed our freedoms in these regards for 100 years or more, during the global confluence struggle, and now that complete victory should be soon declared, our freedoms should be reinstated, in full measure. We Americans paid the heavy price to civilize this world, and now its time to have our freedoms back, completely.
Real money believers, as well as fair and honest world traders in the up coming trade wars, should desire and promote a comprehensive world wide collapse of the fiat complex. When individuals hold real gold and silver money, the people hold the ultimate economic power, the power of the purse, defeating governmental abilities to manipulate our lives through interest rate controls, market manipulations, and uncontrolled fiat money printing. World governments, inherently distrusting of trading partner's excessive fiat printing and abilities to subsidize domestic industries to the disadvantage of their trading partners, ultimately seek that gold and silver real money medium of exchange so as to limit global unfair trade practices between nations. In effects, the uncontrolled fiat printing debasing of the money supplies, self-centered unfair global trade practices, and personal desire for economic freedom in this democracy century are the drivers toward the ultimate return and exclusive international use of real gold and silver money.
Other goals of the real money believers seeking the transition to the exclusive use of real money are the elimination of the Federal Reserve Bank, the elimination of the federal reserve banking system, the elimination of commercial banks executives transplantation into the federal banking system and the inherent conflicts of interest, and the elimination of the ability of the federal government to use commercial banks to manipulate supposedly free markets to the commercial banks' advantage over others market participants when striving for free and fair markets, so that all have an equal opportunity when investing in and dealing with the commercial markets. When real money is used, freedom is advanced, manipulation is limited, conflicts are avoided, and corruption of people and money is limited, if not, eliminated.
The US Mint, like most governmental mints, produce real constitutional money, in the form of 1 oz gold and silver Eagle coinage, in addition to lesser denominations, including 1/10 oz, 1/4 oz, and 1/2 oz silver and gold coins. In addition, legal tender rates of exchanges between coinage denominations should be set in stone, and currently, this has been done, and as the 1 oz Gold Eagle is set to 50$ and the 1 oz Silver Eagle is set to 1$. Currently, the US Mint produces gold and silver Eagle coinage, as well as the 1ct copper penny and the 5ct nickel. The gold, silver, copper and nickel coinage is traditional US money, and that should be retained and exclusively used following the fiat complex collapse.
The transition to real money may not be that inherently difficult, if the proper game plan and real money stores are ready in advance, when the time comes. So lets set the stage as to the practical mechanics of switching from the fiat complex to real money, particularly in reference to the US FED. First, lets raise the national debt to a mere 100T$, just to give us some spending breathing room, over the next 25 years, to play the fiat end game, and finish the global confluence. Next, the US Mint should set aside 100,000 oz of Gold Eagles, to pay off this nation debt, and that means, 100T-FRN$/100,000 oz of Gold Eagles, equates to 1Billon-FRN$ to 1 gold Eagle. This exchange rate is not set so as to pay back any US debt, but rather set to make transistion to real money smooth, seemless, and practicable.
The US government is believed to possess some 250,000,000 oz of gold, and so, the national debt of 100T-FRN$, in terms of 1 oz Eagles, equates to a mere 0.04% of the US gold reserve. The US government can therefore, issue and print gold certificates, that is, real notes actually redeemable in gold real money at any bank, so the people do not have to transact business carrying a heavy load. Silver stocks can be acquired through the usual tax regimes, and silver certificates can be issued and printed as well. With respect to the copper penny and nickel nickel, if stocks are short, steel penny "certificates" and steel nickel "certificate" coinage can also be stamped out in mass to accommodate any shortage in copper and nickel base metal stocks during the transistion period.
And so, the real money regime can be produced in mass and in advance of the fiat complex collapse by having minted Gold 50$ Eagles, Silver 1$ Eagles, Copper 1ct Pennies, Nickel 5ct Nickels, and their corresponding redeemable certificates, including gold and silver paper certificates and copper and nickel steel stamped coinage certificates.
Now, comes the easy part. The US government should reduce interest rates on FRN$ to zero percent in perpetuity, and start printing 90T FRN$, and literally "go for broke" with the printing presses running around the clock, and intentionally cause that desired mega-inflation in the FRN$. Lets drive the greenback FRN to zero, and kill it once and for all. The US FED is well adept at doing this, they have had allot of practice over the last 100 years. As the 100T-FRN$ are printed and used to completely intentionally destroy the FRN$, the government should enact bi-currency laws, that enable the use of FRN$ or alternatively, for tax purposes, for example, gold and silver real money, both as legal tender, as the FRN$ is driven to zero value relative to the real money. When substantially complete, pay off any foreign Forex debts with real money, at the rate of ONE billion FRNs to 1 oz gold Eagle. As such, the US Government need only flip China (1.3T-FRN$/1B-FRN$/1ozGoldEagle) 1300 gold Eagles, and simply say, thanks for the business, and similarly treat any other foreign Forex reserve holding of US FRN$, and after a limited redemption period, eliminate the Federal Reserve Bank, and put those ex-commercial bank executives in the unemployment line, where they rightfully belong.
The transition to real money is not really a complex thing to do, if done seamlessly through a temporary bi-currency regime and economy, using FRN$ and Gold and Silver real money, concurrently, during the transition periods. The economy should not therefore suffer from an economy shock, but rather, move through a simple transition period. We Americans, by nature, culture, and politics are an adaptable lot of the people, and understand money and inflation, and can personally adjust our personal asset portfolio, to protect wealth during such transition periods, as in the late 1970s, as we have been there and done that, successfully. We should not be afraid of the future, which is a very good one for man kind, in the final days of the global confluence, where wars are replaced by the trade wars, and as the fiat complex is replaced by real money. Our world is becoming safer. Our freedoms will be returned to us. Honest government, honest markets, and honest money will rule the land of the free and brave, once again, and else where around the world. Its is a glorious future, and I hope to be alive that day when one gold Eagle is worth a billion dollars an ounce.
Derrick
=============And the enabling statue:
Le Patron
An Act of Congress,
By the Congress of United States of America,
this day, January 17, 2035,
be it enacted throughout the United States, that:
Section A, Accounts and Redemption.
A.1 The debt limit of the United State shall be raised forthwith in Federal Reserve Notes to 100 Trillion notes.
A.2 The Treasury of the United State shall issue all of said Federal Reserve Notes forthwith.
A.3 The Federal Reserve Bank shall forthwith pay in said notes all US Government bonds and obligations to all and any holders thereof of such obligations and bonds throughout the world,
A.4 The Treasury of the United States shall segregate 100,000 oz of Gold Eagle Coinage for the exclusive use of redemption of all of said Federal Reserve Notes.
A.5 All of said Federal Reserve Notes and prior issued Federal Reserve Notes shall be redeemable in Gold and Silver Eagle coinage of the United State at a rate of 0.0000000001 (1 Billionth) oz of Gold Eagle coinage or 0.00000005 (fifty Billionth) oz of Silver Eagle coinage in United States exclusively limited to only US Mint minted Gold and Silver Eagle coinage, redeemable at any National Bank of the United States, or authorized Mint Eagle coinage dealer.
Section B, Redemption Periods.
B.1 Said Redemption in Gold and Silver Eagle coinage shall be for a period of not more than one year of the date of enactment of this act by the President of the United States.
B.2 After said Redemption period, Gold and Silver Eagle coinage shall be the only lawful legal tender used for all debts, public and private, within the United States.
Section C, International Settlement of Debts.
C.1 During said Redemption period, all international obligations in said Federal Reserve Notes shall be settled exclusively in Gold and Silver Eagle coinage at said exchange rate.
C.2 After said Redemption period, all international obligations shall be settled consistent with UN treaty obligations that all international settlements between nations shall be exclusively in Gold and Silver species.
Section D Domestic Settlement of Debts.
D.1 All and any obligations of the United States to and for any citizen or national alien of the United states, including but not limited to payments due in arrearages of social security, medi-care, medi-caid shall be immediately paid forthwith in said Federal Reserve Notes.
D.2 Upon termination of the redemption period, and payment of all international and domestic obligations, the national debt of the United States shall be then, hence forth, and forever zero.
Section E, The Federal Reserve Bank.
E.1 The Federal Reserve Bank shall forthwith reduce to zero percentage rate all existing United State bonds, until all such bonds are paid in full by said issuance of said Federal Reserve Notes within said redemption period.
E.2 The Federal Reserve Bank shall, upon payment of all of said bonds in said notes, shall be then, hence forth and forever abolished, and shall quit all transactions upon the termination of the redemption period.
E.3 All bonds issued by the United States shall then thereafter, hence forth, and forever shal be exclusively denominated in Gold and Silver Eagle coinage.
This act, being duly authorized by the Congress of the United States, is hereby the supreme law throughout the United States upon execution by the President of the United States,
Sign this day, January 17th, 2035, by:
President Bill Murphy of the United States of America.
Derrick
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FOUR DAYS AGO I POSTED:
GOP
I am just so disallusioned with the GOP. McCain is the runner, but is flawed in conservative ways. WHAT TO DO? WHAT TO DO? You guys better get MITT ROMNEY on board and soon, as VP, so he can start preaching SOUND MORALS, SOUND BUSINESS, and TUFF BORDER policies, to offset Arnie/McCain or you (we) will loose the rank and file hard right constituency. Get McCain to have a "private" interview with MITT and send us hard-righties a clear message, that the GOP ticket will have right-wing representation!!!
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YESTERDAY McCAIN had a PRIVATE METTING barbaque with MITT Romney and two other losers (McCain needed to pretend there was a short list) Thanks GOP for the message, OK I am back on the GOP team!! Go McCain.
But McCAIN GOP GOT MY MESSAGE asking for the private meeting!!! and ACTED WITHIN A WEEK!!!!
Mere coincidence? You make the call.
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This message was edited by DerrickMReid on 5-23-08 @ 7:36 AM
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DerrickMReid |
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05-23-2008 @ 7:31 AM
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Member
Posts:
Joined: Aug 2007
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Le Patron,
Silver will be 20 Million $ an Ounce.
So, is the sky really falling? Many say yes. But, not so fast. Sure, some things don’t look good. We have an intrinsically worthless fiat paper money, but is that new? Since, the 1970s the fiat in deed has been intrinsically worthless, but not extrinsically valueless. Hmmm? So where does the value come from? Confidence? Well yes. The amount in circulation? Well yes. Anything else. There is one factor, the most important, that gives the dollar real value. Guess what it is? Well silver is THE constitutional money, so I will focused on that lawful real money. Today, there are no substantial above ground silver stocks. OK, but what is the annual production of silver 400Moz? Guessing of course, never said I was an expert. But, nonetheless, that's allot silver. Sure, there is also what 440Moz in Demand. That's allot to. Ok, and there has been for 15 years running, a 40Moz annual deficit in silver, which was made up by bank sales, which are now exhausted, with some scrap filling in. We all get this. But, Silver is mineralized in many different ores, and is produced mostly as a by-product of mining. Today, the vast amount of silver on this earth, is low grade, well, low grade relative market price. Hmmm? What if silver was 10,000$/oz, would there be a few more "profitable" mines about. I would think so. There is plenty of silver world wide, if the price was right to mine low grade ores.
I love the real dooms-day guys, Hat-Trick and Daily Reckoning are the stand outs of course. I just roar, at times, at the self centeredness of them all, with their little hoard, while pounding the doom-and-gloom. If gold and silver goes through the roof, sure, us bugs would do well, but lets at least acknowledge the greed motivations behind most their prophecies. The US government will continue its twin deficits, and that's a good thing, if you want the dollar to become toast as I do. Its alleged by these oracles, that the four insolvent pillars to the US Economy, federal budget, current account trade deficit, bank capital, and homeowner equity are insolvent with all directed toward mammoth unprecedented monetary inflation. Ok, that is the economic reality. But is it really so bad? Actually, I am cheering them on, the printing presses, actually. I want the fiat dollar absolutely destroyed, burnt, and toasted crisp because I want a return to real money economies worldwide, and the world reserve currency is the best place to start the conversion. The doom and gloom folks only look for what they want to see to sustain their shrill, their subscriptions, their mine share prices, while pounding their chess in coc-sure predictions.
I come at it from a different direction. The dollar is to be gracefully, (not catastrophically), degraded for some time to come, to sustain the USA empire, in its role as global cop, to civilize this world. Its all about d$/dt, the time rate of change of the dollar value. The dollar will take major hits from time to time, but will bounce up from time to time as well, in the continue graceful degradation. One may ask, how can that be, if all looks so bad for the paper dollar. Well, the US government has jurisdiction over you and your money, we can not hide, as we spend 20% of our time just trying to figure out how to reduce our tax burden. That is evil for sure. The tax on income is obscene of course. Tax property, tax sales, tax inheritance, but the government should never tax income, that engine which drives all prosperity in the end. When the fiat is finally destroyed, I hope DC has wisdom to revamp the tax code to limit taxes to only property, sales and inheritances, and no more. However, the power to tax is that mythical power that breaths that unknown value into the paper fiat dollar. The government will tax you, and will demand payment or throw your butt in jail, but wont ask for payment in cows or goats, but paper fiat dollars, and to pay, you have to sell your cows and your goats to get those tax fiat dollars, or you go to jail. As such, the government, through federal taxes maintains the value of the dollar, and yet through its printing presses degrade the dollar, and between the two, the government effectively has absolute control of the graceful degradation of the value of the dollar, to sustain it, as long as it want. Did you get that? The government can intrinsically control the dooms day.
In other words, the US government can degrade the fiat dollar has much as it decides to do so, and can project power world wide, as long as it wants to, through deficits, and can balance the value of the dollar, through taxes. Only when the world is civilized, and that means completing the war on the islamofascists first, and only when the majority of the people have had enough of the IRS and their enslaved tit-sucking-pigs, will the government trash the paper dollar and go back to a real money economy. There is no doom-and-gloom, but rather, a tight-rope balancing act of economic, political, and military forces that control the graceful degradation of the dollar, enroute to when the world and people demand fairness, and when war and fiat are completely replaced by trade and gold. The government needs the value of gold and silver to also rise to maintain miner supply of real money. Hence, the Gold Cartel and the Silver Price Managers will enable a continuous rise in real money value in reciprocal to a graceful degrading dollar. See how that works, its all about d$/dt. In those days, when the fiat is finally abandoned by all, the government can redeem FRNs at 50 billion dollars an ounce and wipe out the national debt in a glorious rebirth of freedom using real money, which means that silver will be 20 million dollars an ounce.
Derrick
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Hey Derrick, I enjoyed reading your above PM market commentary and prognostications. Your arguments and ideas are thoughtful and, more interestingly, are very prescriptive.
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Thank you, but be carefull goldkiwi, there is an undercurrent of neoconism in my writings that is not well received by most, and there in lies the danger of associattion with my writings. What should be now clear to all, is that, when I read another's work, I view it as a fact point, one's opinion, that I integrate into all points of view, and then, indicate that that part makes sense, while others do not, collectively organizing all of the points that make sense, into a dataset whole, and then try to come up with a theory that explains why all these credible points of view can co-exist in the same universe, our world. I guess it is the engneer-laywer in me that collects the facts and proposes the theory and the resulting predictions. In so doing, one must be able to cut across many disciplines, and hence, even ancient athropology has its place, as well many other disciplines. Unless you start with an open mind, a knowledge of many disciplines, a structured thinking process, you can not explain it well, and not only will most not follow you, but most will condemn you, out of hand. I think the cafe may be begining to understand the comprehensive hard-right orientation and the focus of freedom achieved through return to real money, as fiat effectively enables enslavement of the people. I know that this off topic "china transforms north korea" thread is very long, but its all there, for what its worth. I am writing this very long thread for many reasons, one of which is give anyone anywhere in the world, (and trust me people from around the world view these writings), the comprehensive perspective, and to show the cafe that I am not an idiot, as many time proclaimed. And I just dont state facts and the theory, I also make predictions, as I M Nostradomus, and now I check back in time to see how I am doing, and I am not doing all that bad. So, I provide the analysis, the theory, and the predictions, and let the chips fall where they may. My training is electrical engineering and law, being presently a patent lawyer, and what I do, is project market share based upon novel features and argue creatively complex engineering facts within a legal rule set, and I am batting 99% whereas 54% is average in my profession. Ive been an open-eyed school child my whole life trying to understand and curious about everything, and I think I got a good handle on many of the liberal arts. I am not boosting here, but rather trying to suggest that there is the prerequiest broad-base liberal arts understanding, coupled with structure engineering/legal form of analysis and theoretical thinking, coupled with a demonstrable ablitity to be flexible in thinking, and putting my mouth where my predictions are, the only true test. These skills were slowly applied to the metals market and by extension, to the world, and in so doing, to the global projections. Am I right? Who knows, but the yard stick I use was that first "time line" prediction made some two-three years ago. The time scale may shrink/expand/accelerate/decelerate, but that is not so much the point, as is the direction headed and why. So, I have a gauge with which to objectively view my theory, that is, the predictions, based upon the analysis based upon the facts as perceived. More particularly to the Cafe, busting up the Gold Cartel and the silver concentrated shorts is what binds us together here in the Cafe. Odd bed fellows to say the least. The reason I am so bullish is because I have climbed the mountain top and have seen the promise land of the global confluence and the end of war and fiat, through the underlying human cultural drivers, which are reinforced by the presence of squelling tit-sucking pigs, in your face civilizing neoconsim, peak everthing, environmental disasters, population explosion, all of which forces can not be stop by any "cartel". Midas knows that some day we will bust up the cartel and the metals will be free at last. But, Midas' time horizon of 5K/oz is as good as it gets for the trader he is with his skills focusing on the metals per se. My fiat black-hole event horizon goes out many decades, and views many other factors, when trying to put it all together, sensibly as possible, that leads me to some profound yet ostensibly logical conclusions, that seems to be echoed, in some measure, by differing opinions from differing points of views and sectors, more and more as time goes on. The more I see others' writings, when attempting to explain events outside of the metals per se, I often see that they are headed toward the very same conclusions reached here, and that is validating temporarily, and as time marches on, it is also becomes confirming of the predictions themselves.
In the last three years of consideration and review, nothing has changed my Dec 05 view of 2750/oz gold by 2010/11 or the global confluence replacing war and fiat with trade and gold in the out years, in deed, the more I see, the more I see validity and confirmation. I only wish I will be alive to see the end of fiat and the end of war and $20,000,000/oz Silver.
============
an "undercurrent of neoconism", ON THE FLOOR, more like In your face, bombs aways, my way or the high way, neocon yankee imperalism.
===========
Fiat money has extrinsic value by virture of the printers' ability to lawfully incarcerate anyone for nonpayment of fiat dollars to the printers, thereby enslaving us to all the banksters. I hear the warlock sirens in The Time Machine, so get up you slaves and feed the printers.
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What I am getting really jazzed about though, is the bankster heavy write downs coupled with the red in the concentrated metal shorts. They cant evaluate the books correctly unless mark-to-market pricing is used, but even that is useless as the market price is zero for much of the CDOs and the 600T derivatives and resulting counter-party failures, and the banks are going to get CLEANED OUT in terms of management heads, and balance sheets, with BKs enumerable, and to suggest that the CONCENTRATED SHORT positions will survive the current banking house cleaning, does not do justice to the corrective nature of investors, as you cant fool all of them all the time, and the shareholder body will turn to litigation and fight back against these CEOs authorizing these criminal short concentrations in the face of tanking dollar and reduce mine supplies, which is absolutely NUTs on its face, which is all that is needed to pin the tail on the DONKEYs. Oh, tell me again Adrian Douglas, what is the current GS net short position? Really? WOW!! That Low? Really? must be running for the hills. Lets all hope, Midas will be in the unemployment line SHORT-ly. Dang this is looking really bad for the 600T crowd, but good for the bugs, all we need now is a good war to rally the home folks, so, sh.it GD, get off you as.s and jam, and EL SMOKE-KO the Iranians!!!
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Back to the tax code, tax property, tax sales, tax inheritence but not income. Ok, but if one makes income, and when one does buy property, buy goods, and passes it on, all subject to taxes, which means that in the end income is effectively taxed) there will be loop holes that will need closing such as Ted Kennedy and Soros' dumping of their millions off shore, so TAX the export of all money, to close that loop hole. Keep it simple, lessen the burden on society, yet provide a tax stream. And make the inheritence tax exceedingly progressive, so that everyone must take advantage of that "equal opportunity". ON THE FLOOR!!! Lets help those billionair banker-dude children get a little motivated in life, and recycle the big money. You see, I am not all hard-right. Hey Rogers, you prick, you want to invest in China, while Americans are unemployed, and without investment capital to create jobs? so, pony up a share of your US made gains, that you first made on the back of the working poor, you PRICK!!
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Politically, 0 being farest-left, 100 being farest-right, Im about a 96 +/- as actually scored, so yes, very hard-right, almost reactionary, I take that back, I AM REACTIONARY, I want to GO BACK to the gold standard, and live in freedom, abolish fiat and the income tax, teach children about GOD in schools, teach children how to shoot straight, criminalize public display of rump-ranging, so yeap, OFF THE 0-100 chart, definitely reactionary, and that little 04 was the progressive inheritance tax, ON THE FLOOR!!! Tiered of these billionair banker dudes enslaving the masses with their anti-trust crimes and fiat enslavement.
I have seen over my 50 years watching the lefties make their plays forcing upon us all a continuous degradation of society from social affairs to money, and the lefties in here only consider the real money aspect, how selectively convenient, duplicitous, and depraved, in their screeches of MORAL HAZZARD, I just laugh, really, at times. All ya got to do is mention, gay marriage ban, death penalty, personal responsibility, presonal accountability, forward defense, illicit co-habitation prevention, illicit fornication prevention, illicit pornography prevention, GOD, in God we trust, One nation under God, Merry Chrismas, Happy easter, tit-sucking pigs prevention, obsenity laws, welfare hubbard mothers prevention, God Bless America, Happy Hanika, welfare recipient mandatory training and employement, right to life, limited unemployment hand outs, social security limitations, self respect, self defense, abstenance, school prayer, GUNS, right to bare arms, hunting, tax-cuts, corporal punishment, dont ask (and please) dont tell, secure borders, no child left behind, school vouchers, criminal alien deportations, democracy century, global civilization, free trade, illegal wet back deportations, home land security, self-reliance, self worth, survival of the fittest, VOA, bible thumping, etc etc, you know all the GOOD THINGS and GOOD CHARACTERIZATION of evil and decadence, and all you get is screeching babies left way way behind. Oh yeah, as long as their lefty greed morality is being limited, its all immoral, yet I bet anyone of them would love to be one of those billionair banker dudes. Well folks, you cant take it with you, it wont make you happy, only put another zero onto your empty god-less lives, and if you dont have self-respect, well, I guess you need something to idolize to fill the vacuum since GOD aint in it. Yeap, odd bed fellows for sure. I come at the Cartel from priniciple in a belief in freedom through the use of Real Money, whereas others in the cafe come at the Cartel from their greed, while pretending a "moral" conscience while the Minoins in here scream of the moral hazzard in the markets, yet they complain of government duplicity. ON THE FLOOR!!! Now, that is not to say, I dont want to make some money myself, call it greed if you will, so I am not lilly white either, we all sin, but if I hit it big, God would get his fair share, so yeap, I would like to make some doe, but I would pitch pennies, drive the 95 chev, and put it away for the kids and flip God a bag full of money as well. But I am older I suppose, and dont really care about me, just 3 hots and cot is fine. At 25yo, I had a different attitude, so maybe I should give the bugs a break here. So, then, I guess it all boils down, to what is the Minator's individual morality. So, there ya go. Get the picture?
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Do you all recall, five days ago, when I wrote the GOP:
Now we have California, where I live, and Arnie vowing to support gay marriages in California.
Private civil contracts between any two to share, is enforceable, as there is no reason to jam decadent life styles down our throat and teach our kids, that that life style is acceptable. There are no rules, no laws, there is no morality.
Gov Arnie, says, that's OK, gay marriages. Yeah, right, teach our kids through gay-parades and government approval, that rump-ranging is just fine.
GOP has lost its way, surrendering the southern border in treason, and promoting gay marriage.
Take me off your GD mailing list, and stop sending me your solicitations.
NOT ONE DOLLAR to fag loving traitors.
Derrick
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Well Well, GOP got the memo, and McCain responded to my memo by going on the Ellen DeGenerate Show, trying to show us hard-righties that McCain is one of US, well, he puts Mitt on the team ok. McCain responded to MY memo. Mere coincidence? you make the call
The day Mitt is on the ticket, the day I dig really deep for the check book.
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GOP,
I was surprised to see McCain on the Ellen DeGenerate Show, right after my "not one dollar for fag loving traitors" memo in response to Arnie pushing fag marriage in California. I like McCaion being brave going into the den of decadence. Thats courage, and a soft touch for the independent votes as well. A smart play!! I Like McCain pro gun stance as well, as FREEDOM is GOD GOLD GUNS LAND and VOTE. I am also glad that Mitt showed up at the McCain's barbie as well, on the heels of my memo requesting that McCain have a "private meeting" with MITT to show us Hard Righties that the ticket will have right wing representations. The border issue remains, but Mitt can be the enforcer, the border cop, while McCain panders the Mex vote. Great Play, as I see it, good border cop, bad border cop. The day MITT is on the ticket, is the day, I dig really deep into the pocket book and cut the check to the GOP. When Mitt is on the team, so will I be!!!, and I will bring my hard-right gang with me.
GO MITT!!!!
Derrick
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In Dec 05, I called $2750/oz in Dec 2010, that is a FIVE YEAR out prediction, when gold was 500/oz. It has been very interesting for me over these past few years to see many others now making similar calls, as mainstream banks push up the expectations YOY.
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Anyone see the reports where Israel and Syria are having out of channel peace talks re land for peace, the Golan Heights? Well go back and see where YOUR's truly got the Syrian to peace table after my memo to Olmert. Mere coincidence? you make the call.
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This message was edited by DerrickMReid on 5-25-08 @ 11:44 AM
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DerrickMReid |
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05-25-2008 @ 11:46 AM
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Member
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Joined: Aug 2007
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Black on Brown, Mobilize the Guard,
Orders:Shoot to Kill
President Bush,
WAKE UP, shut down the border NOW.
Derrick
So let's see, we get a major economic hit, many MORE poor blacks will be on the streets, and South-Central LA Hoods and Bloods will form an aliance, and declare open season on Mexican CRIMINAL ILLEGAL INVADERS, for supressing low end wages, and since most are undocumented, and whities wont really care all that much anyway, it will be the shoot out on Pico and Figeuroa, in Los Angeles, California. And these illegal criminal mexican invaders actually want California back into Mexico. Well California has no citizen militia, only a guard controlled by that girly-man fag-loving governor hiding out in sacramento pretending there is no problem, yeah sure rump-range in public in SF streets, and bend over and open wide the border to wet back criminals, that's Arnie for ya, taking it in the rear as a political coward. But, we do have some real Californians left. All hope is not lost from the criminal illegal mexican invaders. We do have some real protectors of the law, some real heroes, right here in California, who wont take the criminal invading deprivations of our homeland. We Californians still do have defenders of right, and they will fight for justice, in the American way!!! We got the West Coast Huessians who will come rolling in, as well, and just stomp on the criminal illegal invading mexicans, in a righteous and holy and good alliance, with their Bro's the Hoods and Bloods, as they always love a great frat dance party at the sock hop. John Brown, 1859 all over again, but this time, mostly Black on Brown and with some good-o' White on Brown, as well. Heck, even some US FLAG waving latino Americans (Im sure there are some) may even sucker punch from ring side, for some Brown on Brown mud wrestling fun. This is the only way I know to get the Bloods, Hoods, Beaners, Huessians, KKK, and NeoNazies all on the same team!!! I just love the martial beauty of fluttering multi-colored star-spangled regimental flags organzied brigade style fighting all together for a just cause, in a head long charge or even on parade or even on post in picket duty. What a great country, eh? Everyone has a right to carry a gun, and defend the nation from criminal illegal mexican invasion. And, when things get tuff, we Americans all pull together!! Its the American way!! We are all Americans!!! Everyone should help the country, its the civil and patriotic and noble and American thing to do. With the guard stretched thin in the US forward defense over seas, the guard needs citizen back up and support as rear guard logistics and reserves, crossing spotters and border pickets as advance forward echelon troops. The guard would need your help!!! The government should invite all, any age, any color, any sex, to grab a gun and join the guard in shooting practice on the criminal alien illegal mexican invaders perpetrating crime in the guard's presence as the criminal illegal mexican invaders attempt to violate our law when crossing the southern border!! What a do-nothing government, violating sworn oaths, and causing this mess. Eh?
Absotlutely Pathetic. Its Appalling. Its Disgraceful.
ITS TREASON!!!!!!!!!
But, unfortunately, the status quo (as perpetrated by the pandering Dem party, and the so-called "compassionate" conversative allies, including but not limited to Arnie, Bush, McCain for the betrayal of real conservative values, sworn oaths, the constitution, and the law).
To late to save us from violence, with 12 million criminal illegal alien mexican invaders here, and with the hand outs going to be cut, the killing will start, but the killing can be minimized and resticted to border crossing locations, if the gov would do its job, and protect the homeland from criminal illegal mexican alien invasion. Mobilize the CA AZ NM TX national guard, deploy them on the southern border, WITH SHOOT TO KILL ORDERS, any criminal illegal mexican aliens attempting to cross our southern border, and do it now, and stop the invasion of our homeland now, as its much better to have criminal alien mexican blood on the southern border, than in our streets.
Remember these words, TURN LEFT OR GET SHOT!!
Coming to a street corner near YOU!!!!!!!!!
http://www.bloomberg.com/apps/news?pid=20601116&sid=ap8mq3Tii3J0&refer=africa
Gold mines in the East Rand near Johannesburg have been affected by the anti-immigrant violence that claimed the lives of at least 42 people across South Africa's biggest city over the past two weeks.
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My Dad Has A Gun!!! November 8th 2005
President Bush, my beloved president, my hero.
I look back these days, at 50 years of age, and think that I did have a happy childhood. I remember so well playing with building blocks and toy soldiers with Billy and Bobby across the street, and I played slot-cars at my home, while the TV aired the Beatles on the Ed Sulivan Show, with pooky, our dog, running about barking. It was a good time for me, warm and secure. But one day, my dad came home with a weapon, a long big shinny rifle, with boxes of ammo. I recall how he would point it out the window, in mock shooting of anyone coming uninvited. Then at night, the TV showed burning buildings, the city of Watts had exploded in flames, in race riots, and the riots were spreading across the nation. I distinctly recall viewing three national guardsmen on TV, in blood-spattered battle fatigues on the streets of Watts, pointing rifles in the air, standing next to a large sign, reading, "turn left or get shot". I ran across the street the next day, and exclaimed to Billy and Bobby, "MY DAD HAS A GUN!!!". My happy little home was now Fortress 238th Street, in Torrance California.
My grandparents and parents came to California in the 1950s, from on the demilitarized zone in Cleveland Ohio, separating the white and black communities. My grandpa would not watch NBA basketball because it had too many blacks playing. My parents did watch the NBA, but were not much better. I recall one time, while at a newspaper boys' rally, where I called a white boy the N-word, and a black boy looked at me in surprise. I immediately apologized, but in thinking about, I became ashamed of myself. I grew to hate my grandparent's bigotry, for contaminating my childhood parlance. My parents, now much guarded in their speech, still retain to this day residual bias, but at least conduct themselves civilly these days. I will certainly teach my children to judge people by the content of character and not the color of skin. It takes generations of social unrest, violence, and divisiveness to over come deep seated prejudices resulting from a mass immigration of peoples who are not readily assimilate into American culture.
The last slave ship, the Nightingale, destined for the slave market in the USA, was captured by Yankee cruisers off the west coast of Africa in 1861, yet it really took hundreds of blockading gunboats plying off the southern ports to finally shut down the slave trade. In 1863, when New York threaten to secede from the union, the large Irish population, from the migration from the Ireland potato famine, went on a draft riot, mostly sparked by fears of dying for freed blacks that would take their jobs, as poor blacks were then publicly lynched in the streets of New York. Our heroes from the battle of Gettysburg were called into New York to baby-sit the Irish as the blacks coward in fear for their lives.
North America effectively imported slaves until there were millions of blacks vastly outnumbering their white southern task masters. As a result, it has taken a civil war, and race riots, and 150 years hence of social unrest to substantially rid our society of that problem of importing, in mass, a race of peoples who were not immediately assimilated into the American culture. That mass importation of slaves directly lead to a devastating civil war and almost a divided nation. We can only absorb so many immigrants within a given span of time, without devastating consequences. We have been there and done that. And now, there are growing race tensions between blacks and Hispanics in Los Angeles when eyeing limited employment opportunities. The minute men on the southern border are getting close to armed vigilantism, and John Brown's treason of 1859. Have we not learned anything? Are we blind?
These days, we have a porous southern border where millions of uneducated, unskilled, illegal immigrates are invading the US homeland, with no end in sight. While the compassion for the low income people is admirable, the present expansion of the welfare state, creating huge deficits, is merely laying out more bait for continued illegal immigration. The US constitution, that directly authorizes a standing army to prevent invasion, is being ignored, in contradiction of sworn oaths by law makers to uphold the constitution, another national disgrace, tantamount to treason.
I was channel flipping TV the other day and came across channel 7, KABC in Los Angeles, and heard a commercial in Spanish, first one I have ever heard on mainstream network prime time broadcast. I cannot channel flip the AM radio at all any more, as at least 50% of the stations are Latino, so the Latinos have effectively captured one entire media outlet in the Los Angeles market, that I do not visit any longer. Maybe KABC, a major network is going Mexican as well. I can just see the KABC nightly news anchors all wearing sombreros, backed-up by the TJ brass. I hope Mr. Bill OReilly does not speak Spanish, I would not want to turn him off as well, though I bet he would look good in a sombrero. I can not eat the cafeteria work food any longer, as all of it is now saturated with salsa, despite recurring objections, and so I have to bring my sandwiches and fruit to work each day. The cashier does speak English very well, and communicating over charge errors creates complications, so in stead, I have to use my broken Spanish to make up for the lack of communication. In my liberal state, California is now publishing, under state imposed directives, multilingual literature, to the deprivations of poor Americans needing assistance or tax relief. We should spend our US tax dollars to only support Americans furthering American culture, while encouraging the display of various other ethics cultures only within moderation, to have a wide diverse mix furthering tolerance.
Yet, in spite of it all, I don't have a prejudicial bone in my body, but you know, every time I see a head scarf on the streets, I think of 3000 dead in NY, and get outraged. And now, there are riots in Paris, and I am shocked. An open border with a generous welfare state spells doom in the long run. There is little from the Muslim leaders condemning this outrage as 400 towns burn in France, and spreading to England, Denmark, Belgium, and Germany, all with the same immigration problem. What a mess that I don't want here in the US, yet Muslim immigration is also on the rise as well, and they to do not readily assimilate with their jihadist mentality, and their cultural disdain for the infidels. I see and hear it all clearly, now, the deafening blaring of Jihad singing coming from the local mosque in downtown Laguna Beach California, signaling all to join in state imposed mandatory mid-day four-hour siestas.
Mexicans are not coming here for all the right reasons. Sure, I respect the dignity of work, but vast uncontrolled illegal immigration goes way beyond that sympathetic view. The illegal immigrants come here in the first instance to violate immigration laws. Crime is not one of the right reasons to come here. The illegal immigrants come here, not to readily assimilate but to promote their mexicanism in this country with their special studies, their bilingual education, their salsa food, their bilingual literature, their capture of AM radio, their capture of weak minded politicians, their Mexican flags in downtown LA or in Georgia, and their Cinco De Mayo, inter alia. Sure I like a little foreign culture in the mix, but not one that dominate over US culture. The illegal immigrants come here to peddle their drugs, to join gangs, degrade property values, and effectively to generate resentment, that will ultimately result to racial riots in the out years, when the US cuts back the hand outs. The illegal worker immigrants come here to simply earn money, not generally with their families to relocate and assimilate and waive the US flag, but to send their money back to Mexico, damaging increased trade. President Fox should build industry in Mexico with cheap labor for the US to exploit, so as to lift their economy, as the way it has been done for centuries. The border must be closed, with a US offer of generous recurring temporary work visas, without any amnesty.
I do not want East Los Angeles, Santa Ana, San Diego, or other southern US cities, from El Paso TX, to Denver CO, to Albuquerque NM, to Phoenix AZ, to go up in flames in the out years. I am tired of the poor-me victimization political card, or race based affirmative action, or the ruination of Americanism, or the political race card, or the weak-minded political pandering, or the eventual bigotry leading to violence and destruction and deaths that necessarily flows from an unrestrained importation of a vast number foreigners that are not readily assimilated into American culture, to only then leave that problem to my children to solve.
The GOP is destined to be marginalized by the inaction on the southern border. For the next decade, the issues that drive US politics will be WEDMI (Wed-Me), that is War, Economy, Deficit, Marriage, and Invasion. A recent FoxNews OReilly survey indicates that Americans, including the conservative base, do not believe that the current administration will get tuff on the US southern border. There is a lack of confidence that is building in the conservative circles. However, most Americans still believed that the Republicans have better leadership and vision over the Democrats who have no vision whatsoever, and simply spew their hate, while pandering any fringe group having a receptive ear.
We Americans deserve better than the lesser of two incompetent political parties. As in Raider Football, the cry seems to be, JUST WIN BABY, while the team is repetitively penalized for unsportman like conduct. I will not vote for the Republicans merely because they are the lesser of two incompetent evils, as does a vast numbers of Americans who simply choose not to vote at all. I recently received a request to contribute to the GOP again, but wrote back, only if President Bush closes the southern border. I will not support dereliction of duty, perceived as nearly treason.
As to WEDMI, the -E-conomy is miraculously holding strong but interest rates and inflation are rising spelling immanent stagnation, the -D-eficits remain unacceptably high, the -W-ar is not perceived as going well, the US government has failed to utterly stop the southern -I-nvasion, and has failed to pass a constitution amendment defining -M-arriage as between a man an a woman, though there is some good to come in the out years in packing the supreme court with conservatives. So as I see it, that is two marginal positives, and three bad negatives. That is simply an unacceptable report card for the current administration. I had not voted since President Reagan, and did not vote in the Gore v Bush election, as well, but when I saw the BOLD leadership of president Bush in Iraq, I crawled out of my hole, cut the check to the GOP, and pounded the payment on the streets three days a week for three months prior to the election Bush v Kerry, all by myself, in a sea of liberals, relearning childhood dodgeball skills from bottles being regularly thrown at me. The southern border needs to be shut down, and if it is not, and done soon, I will merely buy a gun, barricade the front door, defend my fortress, and crawl back into my happy little world, and leave you all to your pathetic selves.
Sincerely
Derrick Michael Reid
Laguna Beach CA
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Exchange Stabilization Fund
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Introduction
The Exchange Stabilization Fund (ESF) consists of three types of assets: U.S. dollars, foreign currencies, and Special Drawing Rights (SDRs). The Special Drawing Rights, or SDR, is an international reserve asset that was created by the IMF as a supplement to existing reserve assets. The financial statement of the ESF can be accessed through the links on the right hand side to either "Latest Financial Reports" or "Finances & Operations."
The ESF can be used to purchase or sell foreign currencies, to hold U.S. foreign exchange and Special Drawing Rights (SDR) assets, and to provide financing to foreign governments. All operations of the ESF require the explicit authorization of the Secretary of the Treasury ("the Secretary").
The Secretary is responsible for the formulation and implementation of U.S. international monetary and financial policy, including exchange market intervention policy. The ESF helps the Secretary to carry out these responsibilities. By law, the Secretary has considerable discretion in the use of ESF resources.
The legal basis of the ESF is the Gold Reserve Act of 1934. As amended in the late 1970s, the Act provides in part that "the Department of the Treasury has a stabilization fund …Consistent with the obligations of the Government in the International Monetary Fund (IMF) on orderly exchange arrangements and an orderly system of exchange rates, the Secretary …, with the approval of the President, may deal in gold, foreign exchange, and other instruments of credit and securities."
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Gov seems to have have plenty of authority ESF, FMOC, to manage the markets. So, lets see, 8ooo tons in the banks, in trying times, and they wont touch it? hmmmm, NOT. US Gold Stock audit is a must, to give people of cumffy feeling and prove Bill wrong, OR, no audit to keep people in the dark and Bill on the fringe.
Why would the Gov Not audit if its all there, unencumbered? Why would the Gov Audit if its all gone or encumbered? Freedom of Information, yeah right, good luck GATA on that one. Answers seem apparent to me. How about you?
Maybe they are on mushrooms, selling the US treasure, while keeping us in the dark and feeding us BS. That's probably it, Midas is right, go GATA, and audit the US gold reserves, NOW, "its the only way to be sure" Cpl Hicks, Aliens.
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I like real honesty, especially from those who do not need to be PC. Can get on all fours, and call it like it is. A lie is a lie, "no matter how small" (Horton hears The Who, Dr. Suess).
The vast majority of my readers understand the Perth Mint crisis. They know that when the Perth Mint is supposed to have an operating pool of $880 million Australian dollars of precious metal, and yet, the Mint has delivery delays for precious metal; they can see the obvious conflict there.
A rep from the Perth Mint admitted, today, that they have a delay in deliveries.
From: Liselle Carroll
To: XXXX
Sent: Friday, May 23, 2008 3:38 PM
Subject: RE: Purchase of silver bars
Hi XXXX
Our metal is state government backed, there isn’t a shortage and the delay is only in production.
Kind Regards
Liselle Carroll
The Perth Mint
310 Hay St
East Perth
WA 6004
While obviously lying about a shortage, because a production delay is a shortage, the Perth Mint is admitting the essence of what I've reported that my readers have said with that one phrase, "the delay is only in production".
I continue to wonder why, and ask why there should be production delays if the size of their operating pool is $880 million Australin dollars worth of precious metal.
http://news.silverseek.com/GoldIsMoney/1211570804.php
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A lack of production is a SHORTAGE!!!!!! if there are no available stocks on hand to cover the production short fall. So Perth, Canada and US, the BIG GUNS of silver coinage, cant supply, yet THERE IS NO SHORTAGE!!!! A short fall is a short fall no matter how small. A production delay is a production delay no matter how small. A lie is a lie, no matter how small.
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China and Tiwaun holding high level talks, Teipei saying has right to own foreign policy, meaning, "independent", but the confluence marches on, and confirming the one china policy
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Aftershocks in china take out 250,000 homes, 69 Dams now subject to failure. Pray for them.
The demand on commodities will continue strong.
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Some may recall a letter written to Bush, CC King Aziz Saud, regarding a fed case against the kingdom for promoting islamofascism, and the US got hit, and one is presumed to intend the natural and probable consequences of their acts. Hence, a fed suit to recover damages for the entire cost of the war on terror, and if 1T$ is not paid, send in a marine brigade and just simply take the kindom's gold.
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That of course went no where, we NEED their oil, (or so we are told), and there is the problem of governmental immunity.
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Now, we look at the US gov going after OPEC for market manipulation. Where the heck has been the US gov for the past 30 years of DIRECT OPEC CARTEL MANIPULATION. Of course, its all political, to make the folks feel that the US is doing something. Probably another empty DEM promise/ploy.
But what is signficant, in my eyes, is that Iran is hoarding OIL production in parked tankers. I thought, that was weird. but Why. ONLY TWO possibilities, that I can see. 1) to increase the price of oil, holding back supply, for later price rises, which is also direct manipulation, but again, the US did not move in the past so why now. 2) by placing these tankers in the persian gulf, inside Iranian waters, the entire persian guld would become an environmental nightmare if a blockade was put into effect, and hence, placed strategically to give US pause about a blockade, as surely, the coastal waters will be a hot bed of missile battery action and counter-battery action, in the stand-off war, which the US would win hands down, and so it seems, that a STRIKE AGAINST IRAN, is a sure bet.
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diggaling diggaling diggaling ....
Bush: Hello,
McCain: Hi Bushie, whats up?
Bush: Those freakin iranians put tankers full of oil in the persian gulf presenting an obsticle to a planned blockade.
McCain: Yeah, that would look really bad for us Reps, come November if we Reps were responsible for an environmental disaster, as well as opening up another front.
Bush: If I strike now you are a sure bet loser in November.
McCain: You got that right, but do me a favor would ya?
Bush: What's that Johnnie?
McCain: Have a plan ready to go for a blockade with sufficient carrier groups on standby near theater, for a post november strike.
Bush: You want me to strike?
McCain: I will tell you when, after November of course, maybe for a thanksgiving fire works show, so that we all can be thankful.
Bush: No problem, nearly there already. Best of luck in November, I will be out pulling for ya with the campaign doe.
McCain: Good news, glad to hear it, we got to be prepared.
Bush: What about Israel? That puss Olmert wont strike Iran. I told him many times, that my hands were tied with the DEM cut-and-run belling acking.
McCain: We might just get luck, Olmert is under investigation for taking money under the table and will probably not survive an winter election. So, we may just have an Ace in the hole with Netanyahu getting elected, and Nettingpoo just loves a good war, just make sure they have plenty of bunker busters and areo-tankers to do the job, just in case, and give Nettingpoo a green light, any time would be fine.
Bush: OK, got it, but, well you known, these high oil prices are pissing off allot of the folks, and war may just raise the gas prices further.
McCain: Dont worry about the folks, gas is already very high, and once they hear the Iranians are hoarding oil, with $5 gas, they will back you on the blockade. And look, it is better that you take the heat for the blockade, and not me, as I will need to say things about how badly you manage the wars to get me elected, so dont worry about the folks, they will understand, it was all you, and not me.
Bush: Maybe, but that snake P.Louszie and pussie Reid will get the cut-and-run crowd in a huff, if we strike.
McCain: Dont worry about getting a declaration of war from congress, we can just call this a minor police action, as no invasion will be had, just stand-off pounding them into submission, and of course, the Iranians will start it all with one pistol shot from a patrol boat, so dont take out the Iranian PT boats first, we will need them for political cover.
Bush: Got it. OK, done. But what if that brain-dead Osama gets elected.
McCain: Then you will have to pull the trigger before the inagural, and do the American thing, and sucker punch the Iranians as well as the DEMs in the winter. Look pal, your approval ratings can get any worst, and beside, its the American thing to do, we got to stop the terror support and newk arms building in Iran, the WORLD depends upon you, as the lone-wolf gunslinger that you are, and think of your legacy, bringing democracy to the middle east, and this is the last important step for you to take to cement in glory your legacy in perpetuity.
Bush: Yes, I am sure, history will look back kindly upon my noble efforts there. OK, Got it, strike after november, regardless of who wins. OK, Say hi to the Mrs for me.
McCain: You Bet, and please send my warmest regards to Laura.
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Dont you love THE AMERICAN WAY!!!!!!!
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US going after OPEC for oil manipulation, NOW, when they having been horizontally agreeing to control production for at least 30 years?, that cant possibly be straight up, alterior motive? hhhhmmmm
Great, jump gas up to 5$, folks get pissed, Gov redirects, ITS OPEC and their speculators, folks get mad at the Iran, and US gov play in on the war cry, and OFF we go, with Plousiy and Reid publicly humbled and privately ticked off. any comment. Just guessing here as always.
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If the big bang was Time-0, and mass was throw out, starting time and filling the empty-void of nothiingness, there should be the expanding universe that has a furthest peripheral event horizon where one side is 3D expanding space and on the other side the void of no time or space, which like a black hole is unobservable after the event horizon. and as the speed of light is greater than speed of expansion, (assumed as otherwise there would then not be any stars to see), that means that the expanding universe has an outter thick shell of outwardly propagating light in a direction including here to there, the light, and let there be light, expands the universe as it propagates outward, turning the outter void into space, which has been going on for 14 billion years. hhhmmmm,
Just a thought.
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So the wicked witch of the East, threw in the towell, and endorsed Osama for Prez. Aint that special.
She had two memorial days, a first when touting universal healt care, (yeah right, with social security bankrupted).
"I will make sure the Government takes care of you"., and her sign off.
"I fought for you, so the Government will solve your problems".
OUT RIGHT SOCIALISM, yet no one says a thing.
I dont want the government taking care of me, nor solving my problems, frankly, I have had enough of government help, creating so many problems.
NO THANK YOU SOCIALISTS.
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Israel had areo war games/practice over Eastern Mediterranian, with 100 jets (F16/F15s) and aero tankers and bombers, on the heels of ministers saying attack on Iran is probable, one week earlier.
LET THE STAR OF DAVID FLY!!!
Paulson must have (guess) made a deal with the chinese, you raise your currency, and take the rug out from under OIL with stoppage of subsidies, and we will hold off Isreal until after your olympics and our elections.
Yeap, looks more and more like a Netanyahu XMAS-hanaka firework show. I always love xmas' presents, even from my jew friends!!
Cease Fire with HAMAS? After months of an effectively BLOCKADE. Maybe you can teach an old-terrorist new tricks. Iran school bell is ringing. Lets all say pledge of alligence to the FRN.
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Le Patron,
Bullet Hole in the Foot
In view of another obvious gold smack down this day, no one would, in their right profit oriented mind, sell gold like that if interested in profits, but would if one wanted to trigger stop losses, and tank the price of gold. Ah, that is the classic cartel calling card. They slap each other on the back this morning, saying "I love the smell of Napalm in the Morning"!! Yet, ironically, its Vietnam leading the gold imports, as they must know inflation when they see it.
So, the question of the day, is, did the gold suppression Cartel act to raise the price of oil, and thereby increase global inflation, the very thing they seek to contain? The US FED wants to sit on gold, the inflation indicator, so as to defend the FRN from inflation expectations. That sounds logical. However, investors are not stupid and realize that with OPEC and RUSSIA and others pumping oil independently, the western cartel cannot control oil as much, so, investors pile into BLACK GOLD, another inflation hedge commodity, and OIL rockets, but, in so doing, put in place a systemic monster REAL INFLATION driver as a tail wind behind the sinking dollar and to increasing real SYSTEMIC INFLATION, as well as increased inflation expectations. A rising oil price has more of an absolute effect on inflation, than does the price of gold per se.
SO, did the cartel, led by the FED, by actively containing the gold price, create in the near term, the mother of all oil rallies, and in so doing, actually create the mother of all inflation drivers, the very thing they are charged with controlling? When you manipulate, you do more harm, than good. Looks like someone has a bullet hole in the foot.
Derrick
This message was edited by DerrickMReid on 6-24-08 @ 10:01 AM
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DerrickMReid |
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06-24-2008 @ 2:38 PM
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Member
Posts:
Joined: Aug 2007
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Subprime fall out, Credit crises, Triple deficits
sky high oil, accelearating inflation
unemployment increases, War War and more War
OMG!!! IT DONT LOOK GOOD, near term, now does it?
What a mess, what a mess.
Depression? donno
Calamity? donno
Dictatorship? donno
Dollar demise? THEY READ MY PLAY BOOK!!!
As far as I am concerned, tank the $ to zippo, and return the world to real money, so trade and finance can become HONEST again. I say, cut taxes, cut more taxes, and then some more, and concurrently spend spend spend. I dont view the Dollar collapse as a negative, but a long term positive.
FREEDOM: GOD (to believe as I choose)
GUNS (to defend person, property, and take down any dictatorial government arising)
GOLD (to keep money honest, and that includes silver)
LAND (to have a place to live to as one chooses)
VOTE (to express beliefs and control government)
and that freaking FIAT aint included, It is the evil that robs everyone through bleeding hearts and war hawks, the IRS thuggies enforcers. Tank that FRN puppy to zero, and all of the fiat worldwide, the sooner the better. And it will happen. There is a glorious long term future ahead of us, free from war and fiat, as WAR and FIAT will be replaced by gold and trade in the out years. Have faith baby!!! I know its hard to see from our current prespective, but it will come, as night follows day, when one day, the whole world will be free at last.
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Go back to the original thesis of Jan/06, wherein I stated:
Russia's future lies, I think, in an integration into NATO as well as the EU, more so than with the less economically viable southern ex-soviet states, such as Kazakhstan, as Russia is historically an eastern European power, and Russia will move more and more in trade with the west, and Russians' standard of living will improve until Russia is a super economic power in 25 years. In the out-years, Russia-China-US will combine as the tri-party de facto dominant rulers in the world, as the EU remains politically weak minded in their socialism and progressive secularism.
Now lets fast forward to today:
Russia is building an energy empire rivaling OPEC, inclusive of the Baltic pipeline to germany as well as tentacles into eastern Europe. Russia is consequently, expanding its octopus reach.
Further still, Russia is a non-voting member of NATO, and is cooperating with the US on southern missle defense, (of course while MOSCOW does the double dutch and protests US missile defense in Eastern Europe).
Russia want the US to pound Iran (except the Russia built reactor), and require Iran to BUY (its all about money) process neclear fuels from Russia, which is a good plan.
Russia is on the CONFLUENCE team, though, they like to pretend for political gain, that they stand up to the FRN, excuse me, the US.
Then this news today:
Russia and the EU are to launch talks on Thursday on a new "strategic partnership" accord, including the sensitive issues of energy and Georgia.
The two-day meeting in Siberia will be the first time the EU has held talks with Russian President Dmitry Medvedev since he took office last month.
The accord is meant to be an overarching document covering the whole of Russia's relations with the EU and to replace an existing one dating from 1997.
http://news.yahoo.com/s/afp/20080625/wl_afp/russiaeusummitaccord
The confluence marches on. Sure, they are tiny steps, but in the long term aggragate, its a sure thing.
All we need to do now, is "BOMB BOMB BOMB, BOMB IRAN"
1960s Beach boy sound, Bar Bar Bar, Barbaran, which McCain laughingly sang at a recent townhall meet. McCain will shut down Iran's neclear bomb program. If Bush wont do it, Johnnie will. Osama;s "conceivable" election is the down side on this score.
THE CONFLUENCE MARCHES ON.
=================================
Next comes China, the other left-of-center big boy in the GANG OF FOUR (EU RUSSIA CHINA and USA), doing its thing to support the CORE of interconnected countries, dragging along the GAP nation.
This thread started with China bringing market economics to North Korea. The first question WHO WOULD HAVE THUNK IT?, well after a year on beating the drum on the confluence, we have a signficant act this day.
THANKS CHINA!!!!!
WASHINGTON - President Bush said Thursday he will lift key trade sanctions against North Korea and remove it from the U.S. terrorism blacklist, a remarkable turnaround in policy toward the communist regime he once branded as part of an "axis of evil."
"The announcement came after North Korea handed over a long-awaited accounting of its nuclear work to Chinese officials on Thursday, fulfilling a key step in the denuclearization process."
OK, there ya go, The axis of evil, Saddam's IRAQ (HISTORY), North Korea now off the list, abandoning neclear development, so BUSH has another victory, and to leave office, CEMENTING HIS LEGACY, (which, I assert will proved to be glorious in the out years, when the world finally gets the "confluence"), and
Bush has left THE LAST SERIOUS NUT TO CRACK!!!!,
The Persian Empire.
So, our government now focuses on Iran.
Iran is toast.
I cant believe McCain would actually joke about it, bomb bomb bomb, bomb Iran, but there ya go. I dont think McCain will get to pull the trigger though, Bush will go out gunslinging or the STAR of David will fly, either way, IRAN IS TOAST!!!!
$2000 GOLD before the next US president is sworn in.
No way would the neo-cons risk Osama's election with Iran still pursuing Neclear Arms.
ITS JUST WONT HAPPEN.
This North Korea sedation is very important as it marks the height of yankee-sino cooperation (yeah throw SK, Russia, Japan thanks as well, but were minor players in the deal)
China wants US business, wants free and fair trade lanes, ditto the US, there is the alignment between these two big CORE players.
US/Israel will not attack Iran prior to the Intl Olympics, China's grand parade will not be mared by Intl war with Iran, that's the deal. Its all about image and perceptions. The US got NK sedated.
Good deal!!! Russia only has a few months left to crub Iran, but will be proven to be a failure, and they know it, so, you will see Russia condemning US/Isreal attacks on Iran, BUT WILL NOT SEND high level "peace" delegations to Iran to prevent war, the russkies know that is a loser, as Iran in islamoextremism and hot rethoric has painted itself into a corner, and the US/Isreal strike is INEVETIABLE!!!
So, the US is faced with recession, dissatisfaction, and a tanking economy. So, how do you rally the FRN, and the home folks???????
WAR WAR WAR WAR WAR WAR WAR WAR
BRING IT ON!!!!!!!!!!!!!!!
===================================
No matter how much you lefties screech about BUSH being the worst president, liar, etc .. the bottom line in history is that, Iran will heel by the end of the Bush Administration, and HE WILL BE ABLE TO CLAIM, (and rightfully so), that HE lead the defeat of the tri-party axis of evil, HE liberated 50 million, HE brought democracy to the middle east, and HE defeated isofacism, and that my friends will cement in history Bush's legacy as a strong and successful president, viewed as such, here and abroad, in the out years, as,
THE CONFLUENCE MARCHES ON.
==================================
Bix Wier contends in this article that Alan Greenspan learned from Arthur Burns how the banking cartel stole the global monetary system from the people. This knowledge has been his lifelong obsession and he has finally devised a way back to the Gold Standard by orchestrating the pending destruction of the fiat money system.
http://news.goldseek.com/GoldSeek/1214492700.php
Hey Bix, here is a clue GREENSPAN read my play book!!
Actually, 5B/oz gold (see lapatron memo above) is the way to go.
Destroy fiat and return the world to real honest money, and stop all this bankster BS!!
===================
N Korea blew up the plutonium "bomb" making reactor.
Who would have thought that, a few years back?
===================
Razputin's Cirkovoy Mishka (putin's circus bear) President Medvedva (literally President Bear), made a little whimper of a comment (no doubt proded by putin himself), that
MOSCOW - Russian President Dmitry Medvedev says U.S. plans to deploy missile defense sites in Europe will hurt European security.
Medvedev's statement after Friday's Russia-EU summit repeats a criticism by his predecessor and mentor, Vladimir Putin.
In his most specific comment on the issue to date, Medvedev says the U.S. plans are "harmful" and is urging the European Union to engage in talks on a new security pact for the continent.
This is part of Russia' attempt to devide and conquer, that is, separate the Gunslinging US from the EU PUSSIES, though, eastern europe is changing (as predicted in the original thesis) the EU mix.
HOW POSSIBLY COULD A MISSILE DEFENSE "hurt"? Well, I suppose that Russia (having been butchered by the Nazi), can have legit fear of an invader, but know that the defense is just that. The trick here, is that in the long run, that defense system (as noted earlier) will eventually serve, in its extension, to protect MOSCOW itself, from terrorist and rouge states, such as IRAN, and Moscow is allot closer than DC, and Russia does have its home-grown terrorists as well. I like Medvedva's comment, it was PUTIN LIGHT, but headed in the right direction, of further interconnecting Russia with the EU, and strengthens the CORE. THE CONFLUENCE MARCHES ON!!
This is all part of the Russian integration back into Europe, its historical place. The "harmful" statement was rather low-keyed, signaling to me, that Russia wants to move closer to the EU, while feeding the HOME CROWD with some good old ANTI-US imperialism rethoric, but now done with a soft-ball. Medvedva has a long term ahead of him, and think it smart not to burn a bridge at this stage, and his softball comments, fits the bill. WELL DONE PUTIN!!! This is all part of the process, as its perception in politics , so Moscow wants to appear tough on the surface, yet, cooperate under the (missile) radar. But, I see this as a huge positive for US-EU-Russian long term cooperation. The CONFLUENCE MARCHES ON.
===============
President Bush, HERO BUSH, my beloved president.
MY SINCERE CONGRATULATION on the movement on the Korean Penisula.
WELL DONE BOSS!!!!! HERO BUSH!!!!!
May I be so bold as to suggest that you contact EU members, and get them to suggest to Russia that Russia become a full member of NATO. Its time to bring Russia a little closer. (keep potential enemy VERY close). Of course one problem would be the WWII border dispute with JAPAN. Russia aint giving up those Kirel Islands captured from JAPAN as no peace treaty has been signed between Russia and Japan re WWII. Have Japan buy 500 tons of gold, and BUY (war repreparations) the island back, sign a treaty, and this opens up RUSSIAN integration into NATO, and perhaps eventually into the EU itself. (By having Japan buy gold, gold will rise, and commodities investors will move out of oil into gold, and will reduce the black gold REAL inflation driver, a good thing. This is WIN WIN WIN result.
Derrick
===
They call it war, no, I am not talking about the civil war, where 650,000 died with nearly 3 million in theater, Iam talking about Iraq, with 3000 dead and 200 thousand under arms in theater. Hey wait a minute, that is to much of a discrepancy. It cant be really WAR not can it. Lets see.
More people die on California's highway that all the US deaths is IRAQ.
The Number of US dead in Iraq is less than the statistical noise of accidental deaths.
The number of murders in Detroit over the weekend is more than 3 months of so-called fighting.
That aint really war Iraq, its an isurgency, and we are MINIMALLY helping out. Americans dont understand what war is really all about. The IRAQ "Police Action", (merely spanking some butt), is not a war, BUT CALLED as such by the left to poo poo the adminstration, the political ploy. Sure, the president will always that any and all political heat from the opponents opposite. But when you really analyze it, it not war, its rounding up bad guys, and little more than that.
Americans cant take it, the hard life (working for living), nor WAR, as they these days, know not what it really is. Just of bunch of whinny ass liberals saying give me more, and tax others, the immorality of the left, and dont do anything violent that may protect us all, as a death is a death no matter how few.
===================
Well Well, maybe I am wrong, Americans (deep deep down) really like a good war. (especially when scewing around with the oil price) OK marines, GET HOT!!
House Resolution 362, also known as the Iran War Resolution, might be passed, IN A DEMOCRATICALLY CONTROLLED US CONGRESS, WOW, code-prick and move-on panties are wet, no doubt, and where is that slob Mirtha, anyways? Hot dang, senate jumping in as well.
============
a sister resolution, Resolution 580, has gained co-sponsors with similar speed. The Senate measure was introduced by Indiana Democrat Evan Bayh on June 2. It has since gained 19 co-sponsors.
=================
Can you believe that, a senate DEM pushing the WAR button? They will not only pull the rug out from OSAMA's "let talks", but also dissolution many on the far left, but will give Israel the GREEN LIGHT!!!
====================
Former Israeli Air Force General Isaac Ben-Israel, now a lawmaker in Israel's ruling Kadima party, told Germany's Spiegel that his nation is ``prepared' for an attack if diplomacy and United Nations sanctions fail to stop Iran from making a nuclear weapon. Ben-Israel helped plan Israel's 1981 strike on an Iraqi nuclear reactor
=============
This is HOW democracies work, they talk talk talk, then they FINALLY move. Sam Houston 1861: The northerners are not like you hot blooded southerners, they are slow to stir, but once they do, they move with an irresistable force.
===========
So, Bush, Dem senate, Dem house, and Isreal, ALL POUNDING THE WAR drum. hhhmmm, Iran is toast, but when. Sino-dragon would be MAJOR LEAGUE PISST if Shock-and-Aw II goes off during their parade. These agressive war drums are the prelude, to a post olympic strike, but the question become before or after the Nov US elections.
If McCain (now down 5% in the polls) slips in the polls before the NOV election, Bush will prod an Israel strike before the election to prop up McCain.
The pieces are slowly coming together.
Iran deserves it, anyway, spreading terror in palestine, lebanon, syria, and, so I say, BOMBS AWAY!!!
(BUT DONT TOUCH THE RUSSIAN REACTOR!!, we need the russkies on board, and they will be, in deed by DOING NOTHING, but not in speech, as one can expect the typical anti-american evil stuff, and oil hits 200/b, and Moscow improves its gold reserves.)
=================
Well surprise surprise, OSAMA is moving toward the political center, promoting FAITH BASE charities, talk about a pandering HO, this is best of campaign so far,
OMG I can just imagine the SP gay DEM pedifile crowd getting on their knees just a hopen and prayen for a charity job, the huff and buff kind. From Nuclear Reactors, to off shore drilling, to faith based charity, OSAMA is just stumbling all over his bad self, trying to out center McCain, the perineal centrist. WHAT A FREAKING FARCE. and the sad thing of course, the lefties eat it up, except of course the code-pricks and move-on crowd. But then, of course, they all know, its just campaign BS, and so should you all. Of course, El Ben OSAMA, has to do something, his IRAQ war screech is fading fast, Iraq is improving now very rapidly. You watch, before the month is out, OSAMA will be clothes in a star of david flag, with one of them small jew caps on,
singing BOMB BOMB BOMB ... BOMB IRAN.
ON THE FREEKING FLOOR!!!! The the first debate, OSAMA=McCain Light, both singing together call for US unity, ON THE FREAKING FLOOR!!!!
Politicians and sharks, the scruge of mankind, as is fiat to finance. They all promise the moon, but fail to deliver.
===============
Russia is to sell Iran advance AAA missiles to defend against an aero attack, the shipments to start in the spring 09. There cement the time table. The US could loan Israel as many aero tankers as needed. Existentialism pervade judia. The Rhetoric is heating up. War inevitable. 200$ oil, $1500 gold 30$ silver, inevitable, when, before the inagural.
===============DIG THIS SEQUENCE:
President Bush, Hero Bush, my beloved President.
some missives, enjoy. (above missives attached)
Derelict
MITT for VP!!!!!!! when nominated, I CUT THE CHECK!!!
So, the DEM controlled congress is offering Iran war resolutions. Those Dems, they are kidding right. Iraq is getting much better, pulling the carpet from under Mirtha and gang, and kinda limit El-BE OSAMA's now defunked anti-war screeches. Everyone loves a WINNER and VICTORY, and so do the dove Dems, (secretly, of course). (the missives were attached here)
=============Now for an unusual response:
He is the biggest jerk I have ever seen on the public scene.And has done more damage to the US than any man in history.Bill
==============MY RESPONSE:
I can certainly understand that rational thought, the world is in a financial mess. But, what better way to toast the FRN and return the world to REAL HONEST MONEY, to bring about the demised of the FED, and stop the monkey business in the financial world, but through, perceived gross financial mismanagement, destroying the FRN, a prime objective. In the final analysis, the US has an ace in the hole, the world holds FRNs, intrinsicly worth and going to zero, as will the national debt, when war and fiat is eventually replaced by gold and trade, in the decades to come, in a glorious rebirth.
============The SUR-REPLY:
Got your point there Derrick, Well put.and I respect YOUR opinion and your ability to get it out there.Best,Bill
============
So there is finally the confirmation, bill and I, are on opposite ends of the geo-econo-political spectrum, yet, in my long term GLOBAL CONFLUENCE view, the views aligns in the out year objective, only if one, sees a futures free of enslaving FED Fiat and the IRS (tax consumption sales, real property, and inheritances, ONLY, and not income as that penalizes productivity, and that income is spent, the IRS will get their share).
==========
I take it, he is the same Doug Noland who opines at investment rarities, with Ted butler?
================================Noland's latest:
Good Inflation?:
"And the essential fact right now is that the American economy needs an inflation rate above the Fed’s comfort zone." Paul McCulley, "A Kind Word for Inflation", June 16, 2008
I have elevated the status of my old "analytical nemesis" to that of the most dangerous monetary analyst in the country. He has been preaching inflationism for years now, and the more obvious the flaws in his framework the more creative he becomes in crafting his sermons. And he’s become so adept at this game that many might actually buy into his flawed yet seductive logic.
Essentially, if I am reading McCulley correctly, he is arguing that because of an unusual "trade shock" from rapidly escalating energy costs, the Fed must employ negative real interest rates to avoid a "modern day depression." I will continue to espouse the view that today’s ridiculously low interest rates are part of the problem rather than the solution.
=================
If you want the FRN to go to zero, along with the national debt, and return the world to real money economies, and the FED out of business, tank the FRN to zero, and put the FED govs in the unemployment line. Who is this McCulley guy? I LIKE THIS GUY!! Doug Noland needs a crystal ball. Maybe I will loan him mine. FRN is intrinsicly worth ZERO, so why would anyone be surprise if the FRN moves in that direction, as it has been ever since we all got screwed by the FED inception and ineptitude begining nearly 100 years ago? The boom/bust inflation/deflation cycles is what the FRN is all about. Wise up folks, Noland has it all wrong. Inflation is what real money believers want, in spades. Real money retains wealth, and inflation is best thing that drives all away from paper to metal, the defacto global real money. Fiat is the means by which the bankster and government cheat and enslave us all. The biggest crime committed in all of history, enslavement of mankind through the use of fiat, and they know what they do. You all might like working on the plantation, BUT I DONT!!
================
Le Patron,
Working on the Plantation,
As the free world struggles along, the leader of the free world has reigned with a heavy hand, gun-slinging and overseeing the most manipulating FED in the last 100 years. Some say, he is the biggest jerk ever seen on the public scene, and has done more damage to the US than any man in history. Others may view him as a hero. So, where is the truth? I say hero, but not for reasons apparent. I can certainly understand that rational thought, "the worst in history", as the world is presently in a severe financial mess. But, do tell me, what better way is there to toast the FRN and return the world to REAL HONEST MONEY, to also bring about the demise of the US FED, and to stop the monkey business in the financial world, but through, perceived gross financial mismanagement, destroying the FRN, a prime objective of real money believers?
Inflation is running fast, and fiat money will soon hyperinflate, so be prepared, and gold and silver coinage is your best protection. Sure many with fiat reserves will lose big, but mankind and the US over all will ultimately gain much more, -- real freedom and honest money. In the final analysis, the US has an ace in the hole, --the world holds FRNs--, intrinsically worth and going to zero, as will be the national debt, when war and fiat is eventually replaced by gold and trade, in the decades to come, in a glorious rebirth. Intentional or accidental, is not the issue, but the long term consequences of gold manipulations and fiat printing.
Mr. Doug Noland is one who opines at investment rarities, with the silver hero, Mr. Ted Butler. Mr. Noland's latest in part states:
"Good Inflation?:
And the essential fact right now is that the American economy needs an inflation rate above the Fed’s comfort zone." Paul McCulley, "A Kind Word for Inflation", June 16, 2008. I have elevated the status of my old "analytical nemesis" to that of the most dangerous monetary analyst in the country. He has been preaching inflationism for years now, and the more obvious the flaws in his framework the more creative he becomes in crafting his sermons. And he’s become so adept at this game that many might actually buy into his flawed yet seductive logic.
Essentially, if I am reading McCulley correctly, he is arguing that because of an unusual "trade shock" from rapidly escalating energy costs, the Fed must employ negative real interest rates to avoid a "modern day depression." I will continue to espouse the view that today’s ridiculously low interest rates are part of the problem rather than the solution."
I think Mr. Noland needs an education. If you want the FRN to go to zero, along with the national debt, and return the world to real money economies, with the FED out of business, you should want to tank the FRN to zero, and put the FED governors in the unemployment line. Who is this McCulley guy, anyway? I LIKE THIS GUY!! Mr. Doug Noland needs a crystal ball. Maybe I will loan him mine. FRN is intrinsically worth ZERO, so why would anyone be surprised if the FRN moves in that direction continuously, as it has been ever since we all got enslaved by the FED inception and ineptitude beginning nearly 100 years ago? The boom/bust inflation/deflation cycles is what the FRN is all about, to concentrate power in government and banks. Wise up folks. Mr. Noland has it all wrong. Inflation is what sincere real money believers really want, in spades. Real gold and silver money retains wealth, and keeps the government and banks honest with the people, and inflation is best thing that drives all away from paper to real money coinage metal, the defacto global real money. Fiat is the means by which the banksters and government cheat and enslave us all. The biggest crime committed in all of history, is the enslavement of mankind through the use of fiat, and the banksters and politicians know exactly what they do. You all might like being enslaved by fiat money usage, and defend it vigorously, but honestly, I am sick of the financial games, but nonetheless, hi-ho hi-ho, its off to work I go, but you know, I am sick and tired of working on the plantation.
Derrick
=======
Le Patron,
EU Central Bamboozlers,
We all know about WAG2, the second Washington Agreement limiting EU central bank gold sales to 500 tons per year. That my friends is a gold cartel, by definition. Nice of them to limit their sales, so as to protect us gold investors. Well not so fast. They also lease out their gold, in excess of the WAG2 limitation, a farce from the get go. When you lease long term, it is, in all affects, a defacto sale. The term ECB should really stand for EU Central Bamboozlers.
Derrick
===========
Gold being a global money, is a BETTER inflation indicator because of that.
General Observations, from my years, for what its worth, 2ct.
1) Gold, the accepted indicator of inflation, and that means, deflation as well, and gold is currently screaming inflation. (of course there are other less important factors, uncertainly, supply, war)
2) Home/Auto price drops in an over supply market is normal recession price action.
3) Wage rates are not declining in nominal terms, and unless wage rates ($/hr, price of services) as well prices (price of goods) fall together, there is no deflation.
4) The correlary, unless wages rise and prices rise in tandem, there is no inflation.
5) When wage rates are flat or falling and prices increases, that is stagflation, the opposite of productivity.
6) When wage rates are flat or rising and prices decrease, that is productivity, the opposite of stagflation.
Notice that EMPLOYMENT is not mentioned. That was intentional. Employment, number of units sold, has to do with economic strenght, not inflation/deflation. A second order affect of full/partial employment will affect wage rates, that then in turn, is inflation/deflation determinative, but not production/employment raw numbers, because we are talking about the value of dollars, not how many are earned/lost.
The subprime/credit mess hit last year, and frankly, it triggered recession, but time is needed to see how it all pans out, so keep your eye on wage rates. If wage rates in $/hr start to fall, significantly, Used is right.
Not bad for one not have any financial training other than balancing a check book, eh? (patting self on back)
So, during inflation, wages and prices rise in tandem, gold increases, but during deflation, wages and prices fall in tandem, without supply over hangs, and GOLD drops as well in price. Based upon all that I see, the tilt is toward inflation, not deflation, but we are in transit, so its difficult to really say.
inflation/deflation must be viewed in an accross-the-board price and wage increase/decrease over a significant trend period, to really make the call. But soft markets, in transition are difficult to analyze, and I suppose that is the problem with saying inflation/deflation. Long term seems to be the key in determination. The sprial down of the great depression probably started off like a recession, and sprial down of WAGE RATES and PRICES. WAGE RATES are not decreasing, flat maybe, but not decreasing. I work for 40% more $/hr this year than last, (yet cut out Carl Jr's coupons, figure that one out),(hint wife takes it all, and feeds me rice and corn, on the floor), that's an inflation driver. As people are dislocated, as business go belly up, and workers dislocated, (and that is normal jungle action that keep culling bad businesses in favor of better ones), sure wages can become soft, but generally, wage rates ($/hr) are holding, and prices are falling, (including up tics in unemployment) and that is recession. When wage rates in nominal terms start to fall, along with prices, LOOK OUT for gold in $ terms, just like, when there is inflation, gold is the place to be. If you are calling for deflation, I would be buying treasuries and bonds, NOT GOLD. Just like transistion can appear to be deflationary, they can also appear inflation, short term. Gold is the ultimate deflation/inflation indicator. Gold is rising, I believe inflation is increasing, and gold is bet. When miners supplies increase and inflation abate into deflation, you better have plan B ready to go. Gold is nice to hold, but dont be stupid. Can you imagine those poor saps who bought at 850/oz in 1980? My plan B, is a shift to real property, when, 2015, there abouts, if alive. But that is the economics of investing, which does not address the need to return to REAL MONEY to keep gov/banks honest with the people.
I dont see deflation yet as defined by me as being price drop is a supply restricted market with wage rates falling. (ok used, jump all over that one). Unless, I hear more, inflation will dominate, IMO.
==========
Whitehouse,
Please forward to Ben Bernaki, FED head.
thanks, Derrick,
Sir,
I do not envy your job, it is probably the most difficult of any job on the planet.
My advise is to stop STABILIZING (manipulating eg. managing) the price of gold ,the inflation indicator, as we are heading into a inflationary cycle, which is normal, from time to time, unless the whole house of cards collapses into a major world-wide depression and a deflationary cycle, and in so doing, commodities investors and hot money, will pile into gold, and out of OIL and Grains, and hence, the real inflation drivers will abate, in the presence of a rising gold price, merely rising to reflect past inflation and past FED manipulation thereof. Manipulation, management, stabilization, are words meaning essentially the same thing.
I am certainly, no economist, but here are some thoughts on deflation/inflation.
I wish you all the best, and best of luck, YOU WILL NEED IT.
Derrick
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This message was edited by DerrickMReid on 7-3-08 @ 7:49 AM
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DerrickMReid |
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07-02-2008 @ 6:54 PM
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Member
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Joined: Aug 2007
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thanks richie, well, odd year says consolidation until spring 2010? That seems like a long time off, and things are moving really fast about the globe. My head is spinning how fast things are moving, actually. The May 1 low is holding, and we are up 80$ au since then, and 2.10 Ag above lows, with financial implosions enumerable, suggesting, this is the start of a summer rally, and 08 will be different. Ag moves over 18.50 and 21$ would be in sight. Just seems like bullish factors may over-power the seasonal summer softness. A normal run up would not be so stair-stepped indefinitely. The up legs stairs should fail eventually, and now is as good as time as any. Going out on a limb here, but ALL TIME HIGHS, 1100/22 will be reach before 9/11/08, without an Iranian entanglement. If Iran goes off, we will all be guessing what will be Sinclair's next call over $1650 before the inagural.
Where am I going right?
===========
From below: it's every chartist for him/herself.
ON THE FLOOR!!!
===========
I have tendency to spew, make calls, but at least with reasons therefore, sometimes even showing creating thinking, and I like especially when the HEAVIES read MY PLAY BOOK!!
http://news.goldseek.com/GoldForecaster/1214924400.php
============
With investment buying growing dramatically at present [rushing over 1,000 tonnes in the gold Exchange Traded Funds] and making the yearly 'Doldrums' for gold, a vigorous season of its own, one is finding demand at a much higher level than ever seen in the market before. This is because the investment side of demand reflects the performance of gold as a monetary metal. This has, over the last few months, gone in the opposite direction to the U.S.$, but underlying that reflects the uncertainty facing the global economy as the East emerges to find there is not enough to go around.
=========
Yes, I know that 1100/oz Au price call by 9/11 was embarrassing somewhat, (showing to much enthusiasm, spice girls would be proud), but I am not the only one suggesting a JULY/AUGUST EXPLOSION, the summer rally, from Lemenu:
"Once the gold price broke out of the triangle after reaching point e, the market has treated us to some notable gains, including a rise of $32 in one day, the largest one day rise in 23 years. Now that is more like “third of a third” action! This better, more positive, action in the gold price is an indication that the Large Wave III of Major Wave THREE may now be underway.
If this is correct, the market should rapidly move to new highs above the March $1,033 peak. The only word of warning is that corrections can sometimes be extremely complex and are not over until they are over. Nevertheless, the signs look positive that we are finally in Large III of Major THREE."
============
Here is the key part:
the market should rapidly move to new highs above the March $1,033 peak
READ MY PLAY BOOK!!! on the floor
=========
Equalling support is the $1570 target for III or III waves, and that is near the JSMINESET call, referred to above. That is weird, not only a short term call of a summer rally, but a spring high target, in alignment.
I am no chartist like Richiedoc is, he puts me to shame, as I operate more from general collective impressions, Richiedoc is much more technical, but HOT DANG, the concurrence today Lemenu is heartening to friends of gold and silver, for a summer rally. I notice with bullion up, shares are down, so maybe a breather tomorrow.
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Dick Morris just nailed, EL-BE OSAMA, running an ad where EL-BE OSAMA claim credit for republican lead workfare defeating indemic welfare, signed by clinton, where EL-BE OSAMA OPPOSED THE VERY THING HE NOW CLAIMS HE PUSHED. So, faith-based charity, From Nuclear Reactors, to off shore drilling, to now WORKFARE, all of which HE OPPOSED. The dem party, pandering OH ENUMBERABLE. This is getting disgusting in my view, at least McCain admits what he is, that foul thing, a centrist surrendering the southern boarder and blocking Anwar oil drilling. McCain is at least honest, even if a traitor to the REP party, surrendering the southern border. Whereas, EL-BE OSAMA is a flat-out LIAR!! Next he will say, Reveren who? What Drugs? I told you all, THIS GUY IS BRAIN DEAD!!! His amnesia is so telling, along with is fantastic delusions about his past political positions. Must be Hindu, and recently reincarnated, now that the primaries are over and time to move to the center, probably from a anti-white anti-USA poor-me mouse. In all my years, I have never seen such a string of flip-flop falsehoods in such short amount time, by any politician. EL-BE OSAMA must be targeting poor-white blue-collar workers, and will pander them to no end. All he is really doing at this stage, is loading the guns for the far-right attack dogs. He should have waited until october, to spew the lies, so that the rep attack dogs would not have time to adequately respond. THIS WILL BE FUN!!!
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Dukakas, ex MA gov is on Hanity and Clomes, FOX news. In 1981, as a sole practictioner, I got a preliminary injunction against a MA firm, cardidata for patent infringement, in front of chief judge Real, who hardly ever held patents valid, my first sole appearance so a resounding success. There after I offered 250K$ and 6% settlement, refused out of hand, by my ex-law firm, 45 attorneys in LA, who figure they would roll me. At 3am, agter 1.5 years of law and motion, on the day of trial, they settled on those terms, 4 hours before trial, only after 6 defense lawyers ran up 2 million in attorney fees, agaist me as I was charging 1/10 the rate and won the battle of attrition, and they bankrupted the firm with attorney fees, and so, my client got ZIPPO, the firm bankrupted, but the defense attorneys made millions, but during discovery in MA, I found a letter from Dukakas commending the firm as a glowing example of MA's new economics lead by Dukakas. Lawyers concerns themselve more with secretary pension funding in their 35 floor suites, than serving their clients, at least that is the impression that has been engrained in me over the years. He is talking about the Iraq war, a dead issue, we WON, and that's victory, a loser issue, as was he.
================
Le Patron,
Get Some Now,
I am no economist, that is for sure, but Inflate or Deflate, that is the question. Gold being a global money, is a better inflation and deflation indicator because of that, than any other indicator. Generally, I see many factors affecting the economy and the probable outcomes of inflation and deflation, the major debate this day in the cafe. The gurus talk about monetary inflation versus price inflation. Does any think that average Joe really cares what label is placed upon a 10$ Big Mac, other than expensive, or a 5c Big Mac, other than cheap?
1) Gold, the accepted indicator of inflation, and that means, deflation as well, is currently screaming inflation, of course there are other less important factors, uncertainty (credit squeeze), supply (manipulation), and war (Iran).
2) Unless wages and prices fall in tandem, there is no deflation. Housing and auto prices are dropping in an over supply market that is normal recession price action. However, wage rates are not declining in nominal terms, and unless wage rates ($/hr, the price of services) and prices (the price of goods & services) fall together, there is no deflation.
3) The corollary is that unless wages rise and prices rise in tandem, there is no inflation.
4) When wage rates are flat or falling and prices increases, that is stagflation, the opposite of productivity.
5) When wage rates are flat or rising and prices decrease, that is productivity, the opposite of stagflation.
EMPLOYMENT and PRODUCTION, expansions and contractions, were not mentioned. That was intentional. Employment and production, number of units sold or hours worked, and expansions and contractions has to do with economic strength, not inflation and deflation, per se. A second order affect of full or partial employment or production or expansion or contraction will affect wage rates and prices, that then in turn, becomes inflationary or deflationary, but not production, employment, or GDP raw numbers per se, because we are talking about the value of dollars vis-à-vis gold during inflation and deflation, and not how many dollars are earned or lost.
The subprime fall out and the credit squeeze hit last year big time, and frankly, it has triggered recession, but time is needed to see how it all pans out into inflation, deflation, stagflation or productivity, so lets keep your eyes on the wage rates. If wage rates in $/hr start to fall, significantly, along with prices, deflation rules. During inflation periods, wages and prices rise in tandem, and gold prices increases long term. During deflation periods, wage rates and prices fall in tandem and gold decreases long term as well. Based upon all that I see, the tilt is toward inflation, not deflation, but we are in transit, so its difficult to really say with precision.
Inflation and deflation must be viewed in across-the-board price and wage rate increases and decreases over a significant trend period, to really make the call. But soft markets, in transition are difficult to analyze and I suppose that is the problem with saying if inflation or deflation is currently present. Long term trend analysis seems to be the key in inflation and deflation determination. The spiral down of the great depression probably started off like a recession does, and the spiral down of wage rates and prices was extreme. Wage rates, however, are not decreasing today. Wage rates may be flat, but not decreasing. I work for 40% more in $/hr this year than last, but without an increase over 5 years, and generally held even, relative to inflation, for example. As people are currently being dislocated, as businesses go belly up causing that worker dislocation, it reflect is normal jungle action that keeps culling bad businesses in favor of better ones.
Surely, wage rates can become soft, but generally, wage rates ($/hr) are holding, but prices are falling, but with up tics in unemployment, and that is a clear recession indicator. When wage rates in nominal terms start to fall, along with prices, then look out for gold dropping in dollar price, just like, when there is inflation, gold is the place to be. If one is calling for deflation, now, I would be prepared to buy treasuries and bonds in a couple of years from now, and then hold dollars over the very long term. Just like a transition can appear to be deflationary, it can also appear inflationary, short term. Gold is the ultimate deflation and inflation indicator. Gold is presently rising, and I believe inflation is increasing, and gold is better bet, long term.
When miners' supplies increase, which is unlikely, and when inflation abates into deflation, which is unlikely, gold bugs better have plan B ready to go, several years from now. Gold is nice to hold, but lets not be stupid. Can you imagine those poor saps who bought at $850/oz in 1980 and struggle through the manipulation of the 1990s? In this bullion bull run, its better to get in early, as early as you can, than too late. One possible plan B is a shift to real property, when, in 2015, or there about, when Gold is between 5-10K$/oz. If deflation runs ramped, plan B may be perfected in 3 years, at about $2750/oz. But in either case, 3 years maximum or 7 years minimum, gold bugs wishing profits in FRNs should remain flexible. But that is the economics of investing in bullion for FRN gains, which does not address the need by all to retain personal wealth through gold possession, or the return to real money to keep government and banks honest with the people.
I don't see deflation yet as defined by me as being a drop in prices in a supply restricted market, as there are plenty of houses and car for sales, with wage rates falling, that is not yet observed. Unless, see wages and prices falling together, inflation will dominate, over the short and long term. Don’t get me wrong, there is the possibility of deflation, the whole global economy could collapse over night, but there is also the possibility of inflation, stagflation, or productivity, through normal economic cycles. The determination should be based upon an outwardly measured facts, and that is, actual prices of good & services and wage rates.
While all the gurus can look at money supplies and available credit numbers through their crystal balls, and make speculative and intellectual pronouncements about monetary inflation, those money supply affects eventually have to be extrapolated into their affects on prices and wage rates, which is the bottom line, at least to average Joe. Some strongly look to available credit and MZ3 money supplies, and surely, those are very good driving indicator to look at, and then they pronounce a plausible outcome, that deflation is here. As the Russians say, its possible, but as we Americans say, anything is possible. So, looking at the inflation and deflation drivers, the second order analysis, is great, but mostly, one should look to the primary effects, first order analysis, PRICES and WAGE RATES, and not the secondary affects. Looking at propensities is nice, but looking at the HERE AND NOW, is real and for sure.
Falling goods and services prices, which claimed to be the hallmark of deflation, is also the hallmark of productivity, yet falling prices in the presence of increasing productivity, is a good thing. Deflation and inflation are not inherently bad things. Surely, if I make 10x more and prices increase 5x, I made out big, and if I make 5x less and prices decrease 10x, I made out big, and as such, in both inflation and deflation periods, we all can do very well indeed. So, wage rates and prices must be analyzed together, the Ying/Yang thing. Am I better off? (As Reagan would say).
Employment and Production, contractions and expansions, do not determine how well I made out in dollar terms, even though, if extreme, employment and production, high or low, will eventually show up in wage rates and prices. Typically, however, contractions are associated with recession, severe contractions are associated with depression deflation, expansions are associated with inflation, and long term expansions, which we just had, are associated with hyperinflation, naturally so, in the second order analysis, but are not determinative in the first order.
So, wage rates and prices I believe are key, to any accurate pronouncements of inflation, deflation, stagflation, or productivity characterization of the current economy. Trying to show a direct causation between available credit and money supplies to prices and wages is very shadowy at best, as the economics these days are so complex and entangled with unscrupulous on and off book accounting, which is very difficult, if not impossible, to understand with clarity, and hence, the conflicts in the guru camps, and in the café as well.
Today, I see that prices are mixed, housing and autos are down in prices, and commodities are up in prices, but with wage rates being flat, and currently, that says we are in a period of either stagflation or productivity, or in no-man's land, on the precipice therebetween, with hyperdeflation or hyperinflation lurking, and ready to pounce, in a major league way. Which way it gets resolved will be key, to an ultra-long term gold hold/sell/buy position, but not the near term, which is the underlying reasons for considering all of these possibilities.
The FRN has been inflating in purchasing power, that is, its purchasing power relative to 1 Silver Eagle, over the last 100 years, has been continuously degrading, but, with increasing nominal wages generally, over that entire same period. With a helicopter fiat printer at the FED helm, the inflation result seems like a sure bet, and gold will rise on that basis alone, but will ROCKET higher when considering other affects, such as uncertainty (credit squeeze), supply (manipulation), and war (Iran), indicating a long term BUY call in bullion is now clearly justified. However, if deflation runs ramped, then, there should be an initial surge in bullion as well, with the HOLD position, as uncertainty will dominate, SHORT TERM, but only for about 3 years only, and hence, we need to be a bit nimble in gold holdings, over then next several years and the decade to come, to determine when to sell, if profit driven, to see just when deflation raises its ugly head. Timing is everything.
So, the deflation versus inflation debate rages on, but in the short term, bullion should do well either way, relative to the FRN, but inflation is more likely, even hyperinflation is more probable, and a gold price moon shoot is more likely, and a long term BUY position is the better position. With FRN being held as the reserve currency, and there is allot of FRNs out there, inflation and deflation can still be controlled by the FEDs, and their bent is inflation, rather than deflation, and that should have a snow ball affect, and that means, HYPERINFLATION is more probable than not, signaling the current BUY position. Black Hawk Bernaki Loaded for Bear, will saves jobs at the expense of inflation, which, if wages rise commensurately, may not be really so bad. But either way, inflation or deflation, gold should do very well over at least the next three years.
Got Gold? Got Silver? If not, get some now.
Derrick
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got close to 18.50 resistance, and got TANKED, to 18.00, now 18.15 on the way back up,
right on que! THAT does it, ITS MANIPULATION!!!
management and stabilization would be continuous, but to do so, at this timing, is blatant MANIPULATION!!
no doubt about it, midas is right.
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thanks, but unfortunately, he addressed only inflation, and not the flip side, deflation, and as such, was mostly useless, other than to say once again, inflation is cause by TOO much money in circulation. Great theory, but lets get REAL, where it really matters. It can be a contributing cause to price rises, but so can limited supplies.
Monetary inflation, or Supply Inflation, who cares, what you call it, what is important is it relativeness to WAGE RATES, as I see it. Monetary inflation does not affect changes in markets, whereas supply inflation does by bringing more supply on line, in the feedback control loop. Hence, supply inflation is good. he list many reason why monetary inflation is bad. Monetary inflation applied to both good and wages in neutral in affect, do I live better. But supplies and money of them are not significant, if wages keep up. The gov can stop a spiral up or down, by printing more or less, and controlling interest rates, spending, among other things.
Do I live better or worst, and trust me, THAT is what the politicians care about, HAPPY VOTERS!! who, if making enough to buy, are just that. While people dont really know about "monetary inflation", they do understand take home pay, and prices of goods, and when they make the same and prices increase, they call that inflation, however, caused. As the professor pointed out, the medium exchange is simply increased in amount, not in kind. Printing more fiat, with budget deficits, in perpetuity, however, does achieve one desired political goal, an ability to protect power (around the world), and hence, US dominance worldwide. When people buy GOLD, they dont do so because of excess money in circulation, they buy gold, because their dollars are buying less, meaning inflation is rising prices of goods, and gold price rises as well, because seeing it rising and dollars falling, and buy if THEY HAVE MONEY, that is typically, earned, and hence, wage rates are key relative to price increases. Printing of excess money CONTRIBUTES to "inflation" that is price rises, it has an AFFECT, but is not and never has been the sole driver of the EFFECT. It is the EFFECT that is real, and the AFFECT that is speculative in its EFFECT, at best. Great theories, but lets get real.
Money supply, goods supply, and wage rates affect prices, and price rises is called inflation, no matter how caused. As population increases, as more goods are supplied through labor, THE MONEY SUPPLY must increase, JUST to keep prices level. An increase in the money is NOT DETERMINATIVE. If population remains the same, if supplies remain the same, if the number of workers remain the same, then, increases in the money supply can lead to price increase as PURE MONETARY INFLATION, that is, a rise in price due solely to increase money in circulation, which IS NEVER THE CASE, so why go there? But, include it in the mix, as to prediction as to wage rate and price increases.
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Does taking money out of circulation cause DEFLATION?
It would have its AFFECT on prices, the prices dropping being the EFFECT.
So, all else equal, monetary inflation caused price inflation, and monetary deflation causes price deflation. Good or bad, depends on wage rates, which are also likely to rise and fall, along with prices, the net sum zero. Continued montary inflation/deflation, all else equal, causes price/wage rate inflation/deflation. But is either inherently that bad? It is relative value, between wage rates and prices, that determines good/bad, as it is the standard of living that is the standard used for good/bad determinations.
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"And we are going to grow our foreign service, open consulates that have been shuttered and double the size of the Peace Corps by 2011 to renew our diplomacy," said Obama. "We cannot to continue to rely only on our military in order to achieve the national security objectives that we have set. We have got to have a civilian national security force that is just as powerful, just as strong, just as well funded."
http://voanews.com/english/2008-07-02-vo...
This guy is scary! Orates like Hitler. Now we get this. Wants to create an army of Brown Shirts to control the National Security that's just as strong as the army. Is that like the KGB? What the Hell is he saying?
=====My Take:
What the hell is he saying:
Dear CODE-PRICKS, MOVE-ON GROUPINGS, political fascists, brown shirts, and far-left loons, please do not be discouraged with me, as you known, after the primaries, its time to lie my way to center, and out centrist that war monger opponent, but trust me, when push to come shove, I will retreat our military into fortress America, and wait like you, to be hit again, so we can pretend, it just did not happen, or was derived from a conspiracy by those war mongers, who intentionally sacraficed 3000 americans, just so the generals could play with their toys. So, dont be disheartened by my recent run to center, IM JUST KIDDING, so, pay up, and contribut to my campaign, so we all can have a defenseless country, inviting all terrorists to attack us time and time again, because, as you all know, eventually, they will tire of killing us, it just wont be that much fun, and hence, the slam-dunk VICTORY plan to defeat global world-wide islamofascism.
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And what is absolutely hilarious, was a CODE PRICK on FOX NEWs, who said, WE OPPOSE THE IRAQ WAR, but support the Afghanistan police action against criminals.
Note the terms used, there's the clue.
Hate to break the BAD NEWS to the CODE PRICKS and move-on grouping, but WE WON in Iraq, insurgency essentially defeated, Al Quida on the RUN to the hills of Pakistan, and that my friends, IS VICTORY!! These code-pricks and far left loons are so into their hate morality and military and strong forward defense, that they cant not even bare to accept, WE WON!!!
Hide your head in the desert sands, little girls, catch you supporting the terrorists AGAIN, that the political end of you, little girls, THE END OF YOU, Thank the Almighty!!
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So, my brother came by two weeks back, and I flip him a couple hundred, to build the "bunny hole", one horizontal piece of wood, with two much smaller in length, side ends, with respective holes, the piece of wood being disposed between a retaining wall and a brick bin, so that therein, it remains cool for the bunnies, with access to the backyard lawn, when they choose, yet provides a safe haven for the bunnies, at night, when the coyotes cruise. Thereafter, I bought 2 bunnies. My boys 3 and 4 just love terrorizing them, but the bunnies need training to get the bunnies to make the fast, exit stage left, into the bunny hole, and SAFE, at night when the coyotes cruise. So, I let the boys "run wild". So, next, my buddy had a bunch of gheney pigs, and gave me five, live bait for the backyard, to test the bunnyhole, and sure enough, within two days, all five gheny pigs were gone, and ONE bunny, as well, which did not learn so quick from the backyard human terrorists. However, the other one "Floppy", a black/white lop, survived a whole week. SUCCESS!!!
That, my friends, is success, "Floppy" is doing just fine, but was now a lone female, so now we have "groovy", a term like "bitchen", "boss", "cool" originating in the mid-late 60s. Groovy, however goes back to the 50s. Initially, Floppy was pisst, territoriality exploded, and she just chased the johniecomelately male gray straight eared bunny, around and around, but seems to have settled down, as they are kissing cousins, now.
The boys are out this day, in the yard, chasing Groovy around the backyard, grabbing, throwing, and just causing the newly arrived, much fear, but, Groovy is learning fast, at the first sound, he make a rocket shot to the bunnyhole, a skill necessary to survive the AM prowling coyotes. So, please my friends, pray Groovy (M)and Floppy (F), that they may survive, and have a long life together, with many little bunnies, who will be sacrificed in part to the coyote gods, in due course. Its only fair and natural, you know, predators have to eat!!!
Before I went to a commercial pet store to buy Groovy, however, I stopped at the local animal shelter to see if I could get some FREEBIES. No way, Jose, they want cash on the barrow for the abandoned bunnies, and they had many of them. The web page said that all family members must be present to acquire "adopt" a pet from the shelter. HHmmmm I thought, that is kinda weird, but ok, we all four went down. But, it aint no acquisition purchase, it is actually, a rigorous, adoption service. NO JOKE!!!
So, I am in a socialistic institutions, (tax funded) looking for bunnies, (those cute little things) and see many of them, the boys crying, I want that one, and that one and that one, etc, kinda like impotent Americans at a Russian orphanage. Apparently, the shelter workers (no doubt hard-core animal rights activists) take a very personal interest of their charges. A short, thin, blonde comes out in her official garb. I said, I would like at least one Male, for Floppy our only female bunny, maybe as many as five bunnies. She starts off with, well, before you buy, you have to bring Floppy in to make sure they get all get along. I said, this aint a dating service, is it? I though, ut-oh, to myself. She then asks, if I live in an apartment, and if so, I will need a copy of the lease agreement to make sure it would be ok to have a pet. I said I live in a house, mine. I thought, hhmmm, a Peta-vile freak, no doubt with a can of fur paint, ready at all times, strapped to the hip, and a sure shot. She then says, that the bunnies must live IN-DOORS. WHAT??? I asked, do they have to have their own room? If they have little ones, do I have to re-paint the nursery? She says, there are predators out there. I said, yeah, I know, and I devised a plan to defeat the coyotes. She goes, there are hawks as well, and if the bunny is in the back yard, the bunnies must be supervised at all times. I said in 20 years, I have seen one hawk on my property. I also have had one gopher shake. She said, you see, the bunnies must remain in doors. I asked, do I have to hire a bunnysitter, when out with the family? She goes, we have our rules. She then asked, now get this, would you like to fill out an application? I said I have a job. She said, you have to fill out an application for review to see if it is permitted for you to have one of our (30 or so) bunnies. I said, I like rabbit, but have no plans on frying my own. Our bunnies are pets, not predator feed. My eyes are rolling!!! They are freaking rabbits!!!! They have been predator feed for 200 million years. On the floor!! My Russian wife was astounded, I thought it funny, and looking back, very predicable. These people are simply NUTS, probably just need a good man and regular screwings, to get their minds off of their extended family members.
Also, even the commercial pet stores have workers deeply concerned about "predator feed", and one even said last year, that they would not sell me anymore bunnies, if the coyotes are still taking them.
But, now there is the boy-bunny game. The boys observe the bunnies from inside the house, and when they see the bunnies in the middle of the yard, the boys open the back door and launch a sprint to the bunnyhole, to put a door at the entrance, a piece of small wood to block the the front hole, Its a RACE, and funnier than heck, actually. If the boys win the race, they then put a brick blocking the back hole entrance, and the bunnies are trapped in the backyard, with no where to escape the terrorists. Its just a matter of time before the bunny stop running, and are caught by the terrorists, after which, papa schools them on loving, petting, and feeding, and that is darling, as well as fun, for me and the boys, but ensures continued ROCKET-SHOT training to the entrance, upon hearing any noise, which is so funny, day after day, continued joy. Coyotes I hope are not so smart to lie and wait, as they must in the first instance, make some noise scaling the fence from the max distance to the bunny hole. So, that is the game, and I hope it works in perpetuity.
Look, surely its cruel to torture an animal, but rodents do not have concepts of self or time or future, and predator feed is exactly what they are, those little procreating bunnies, and I really think its just fine, if coyotes eat bunnies, dont coyotes have any animal rights, or are they simply just shot down as the primary rodent scourge? I think a coyote is a superior being to the rabbit, and should be more protected than freaking rabbits. I only want the boys to have the experience of living with animals, in some regard, and for that reason, built the bunnyhole. She can stick her application up her bunnyhole, as far as I am concerned. Absolutely Ridiculous, at tax payer's expense, so, nothing new there.
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This message was edited by DerrickMReid on 7-4-08 @ 8:19 PM
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DerrickMReid |
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07-04-2008 @ 8:22 PM
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Member
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Joined: Aug 2007
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Just Cant believe it, remember the 2 squirells, camping out, well, they had a litter of 9, and 11 running around. This day, 4th, I heard loud squeek squeek, could not figure out what it was, wife ran out, then monster chirp chrip, mommy squirell telling babies, hide, it was a HAWK, 2nd I have seen on my property in 20 years, after the initial development cutting trees 20 years hitherto, and the fires of laguna california, the trees are coming back, and so are the critters, that Hawk just sitting there eye balling mommy squirell. I can just see the animal shelter thugs, showing up, with nets or shot guns, to kill/capture a BIRD OF PREY. Predators aint got no rights, they get the CHITS, from the PETA-VILE crowd. A couple of the baby squirells, sticking their heads out of the retaining wall, curiousity will kill these rodents, and guess what, THAT IS OK!!! Its nature, right there, in surberbia. Beautiful thing to see, predator-prey interaction, to see it right there in the back yard. YIKES, wife just called, one sec... It was the HAWK again, right on the fence, then circling the retaining wall, absolutely beautiful bird, the wing structure, the dynamic tail rudder action of close in flight, and curved beek you know that just rips flesh and fur, just stunning to watch the hunt. And that is somehow wrong? These peta-vile freaks need to chill out.
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I wish I was a bird of prey, to live free without the IRS thugs on my back to feed the liberal agenda of immoral income redistribution and counter-productive detrimental goverment care for all, to soar high and fast without the traffic cops on my tail, to exchange in honest real gold and silver money so the gov/banks dont enslave or cheat me, to use my land to raise bunnies, as I see fit without the PETA-VILE crowd getting on my case, to worship Jesus openingly without being condemned for beliving in a so called out-moded religion, that promotes sound moral values, to be able to call it like it is, without the SP PC crowd getting their panties in bunch for strong but accurate language, to wear a loaded gun in public to prevent getting robbed in broad day light. I wish I was born free, to live life in real FREEDOM, and not be born imprisoned and constrained by the multitudes of excessive regulations and an excessive number of laws. ON THIS JULY 4th, it is a glad day, but one that brings saddness in many ways, as well. I wish had lived in the early 1800s, to be a free mountian man, the free-est of all, to be a BRIDGER, and on my death bed, only wish to see THEM THAR HILLs, just one more time, and live in GOD's beauty and nature, in the land of the FREE (well kinda) and the Brave (except for the cut-and-run cowards).
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Yesterday, mail to my 23 yo in Iraq, a packet of 100 DVD/CDs of music, mostly 80s, he comes back in Feb 09. On the package, I wrote, for all to enjoy, in big letters:
THE ONLY GOOD TERRORIST IS A VERY DEAD TERRORIST,
KILL EM, KILL EM ALL, KILL EM NOW!
I drew a stick figure person, with a scope cross-hair on its head, writing,
5K$ PER HEAD SHOT, GO GO US ARMY!!!
I know he will like the music, and it will help pass the time.
Off to the beach to watch the fireworks, as NO OTHERS ARE ALLOWED in the town, there ya go, on the 4th, no fire works stands, freedom denied out right, just the monotons off to the city sanctioned show. Oh well, I will just get in line, as I hear the WARLOCK sirens going off. My four year old came home two days ago from summer school, with US flag stick pin on. Screw OSAMA, MURTHA, and the cut and run crowd, I am not going to make him take it off.
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either an isreals preemptive strike, or US led blockade with the follow on gulf of tonken resolution, in either case, bombs away, it is only a question of when, before the oplymic is out, between oplimics and the election depends on McCain poll number, but if not before the inagural. JUST CANT SEE IT ANY OTHER WAY.
McCain beats OSAMA, so, I am going with a great thanksgiving fireworks show.
This is how, THE LAST REMAINING islamic power, paints itself into a RAT's CORNER.
http://news.yahoo.com/s/ap/20080706/ap_on_re_mi_ea/iran_nuclear
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Sinclair's Pushmir pakistanies will be stunned into sedation, and they will realize, THEY ARE UP TO BAT, and with the Islamic power striking out, they too know they will fan out with US posting forward bases right on the Afghan-pakie border, and they dis their Al Quida bro's, as the arab street will first hit the street screeching death to America, and then chill out as well, without a champion, in dejection and humiliation. After the Iranians go down swinging, you think the Taliban, Hezbolla, or Hamas can rival the JEW-YANKEE tag team? NO WAY JOSE. BOMB AWAYS. Painful lesson, but sometimes you just got to spank the uncivilized, the barbaric, the throat slitters and suicide bombers, and their enablers.
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Like a Disaster Movie Marathon
We’re not finished yet. This is the perfect storm—a literal storm like in the book actually—that Larry Elliot of The Guardian envisions:
“In October 2008, George Bush finally loses patience with Tehran and, in the last big decision of his presidency, launches air strikes against Iran's nuclear capability. On the same day, just as the citizens of Louisiana, Mississippi and Texas think they have seen the last of one of the stormiest summers on record, a category-five hurricane sweeps across the Gulf of Mexico and shuts down half of America's oil-refining capacity. The combination of military action in the Middle East and natural disaster sends the price of oil shooting up to $150 a barrel, pushing up inflation in all western economies. Central banks, fearful of another 1970s-style surge in the cost of living, raise interest rates, intensifying the effects of the economic downturn. Financial markets suffer a spasm of selling. Banks stop lending and, as businesses fail in droves, [there’s] a meltdown in the housing market.”
October works to prop up McCain polls number for the REP victory.
http://www.gold-eagle.com/editorials_08/demeritt070508.html
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Russia, NK, China, Iran
http://news.yahoo.com/s/ap/20080706/ap_on_go_pr_wh/bush_g8
Bush is right, McCain is wrong, on all three counts.
But got, one right on.
The trick with Russia, is to realize, the path to full democracy is never a straight line path. They have had a taste of it, and they aint going back. Their culture is strong-man rule, centralized control, and it will take decades for them to embedded pure democratic principles. Putin, at least did not seek to change the constitution for a 3rd straight term, give him that. We should encourage Russia integration into G8, NATO, EU, WTO, etc. Bring them closer, much much closer, and interconnectiveness is increased, and that's the goal.
Sure, China has big problems with civil rights. But as they moved from communism to capitalism, without firing a shot, they also will move from totalitarianism to democracy. Its just a matter of time before the Chinese government implodes under the weight of billion soul crying for freedom. Just let it happen, without the constant condemnation.
Sure, North Korea is still suspect, as Bush said, "make no allusion about Pyongyang", but there has been movement of late, and the reward for that, by Bush removing NK from the terrorist list, the encouragement, is a good thing.
These three nations have serious democratic problems. Granted. And it is proper to raise concerns, from time to time, at home, in speeches, but it is a balance. They are like children. Don’t beat your children, but encourage, integration and interconnectiveness.
McCain is right on about Iran. Iran, the last serious nut to crack, on the war on terror, the fight against ismalofascism. Iran aint backing down. We need an Isreal strike, or a US led blockade followed by a Gulf of Tonken resolution, and take out their missiles and reactors, but don’t touch the Russian reactor. After the Olympics and before the US inagural, DEFANGE IRAN!!
Derrick
MITT for VP!! He has the best looking hair!!
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Damn, after spending last night, on the couch, watching TV with us, Groovy was put out, and into the bunnyhole, but no sign of Groovy this morning. Looks like, backup plan B, barricade the front/back bunnyhole entrances, over night. Coyotes must be very smart. Floopy is doing just fine, but hence forth, visiting hours are only during the day light hours, when the coyotes are at rest in the hills.
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When these dollars wash back up on America’s shores it will vastly expand the money supply, even if the economy is faltering and credit contracting. Credit-based systems normally require a strong economy for credit to expand, because banks have to be willing to lend and borrowers to borrow. However, in a cash economy money supply can expand to infinity no matter what conditions are. You just need to run the printing presses, as in Zimbabwe. In the Dollar’s case, the presses have already been run; hyperinflation exists but its effects are buried overseas…so far.
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Will the foreigners dump their dollars that create homeland inflation?
========
What about the mechanics? The way foreigners got our dollars in the first instance is that we bought things from them? That means they must buy things from us to get out of the US FRN, and that means repatriating the FRNs.
OK, $1000 per share for my 3$ CDE shares, ok, DONE DEAL.
I mean WHAT can THEY do with their US dollars, other than tyring to pass em off to the last sucker holding the bag, or buy American Assets at huge inflationary prices?
If the dollars are repatriated, with the resulting hyperinflation, the gov can imposed taxes, and down goes the national debt to zero, and strip foreigners of their ownership position. It seems the US cant loose here, with everyone having that bogus FRN.
Then the rebirth, to gold/silver medium of exchange, with the US out of debt, but with some foreigned ownership, but that is really nothing more than investing, subject to the tax codes. Wow, what a trick, wipe out the national debt, return to real money, with foreigners around the world invested in the US increasing US productivity.
Could BLACK HAWK BERNAKI LOADED FOR BEAR, be that smart?
HHmmm, here is the answer:
How much foreign FIAT currency does the US gov own?
So, as the global confluence accelerates, the interconnecting, it seems to me, that in furtherence there of, Chinese (foreigner) ownership or investment here in the US confluences the globe, and hence, war propensities abates. As suggested, rapid fix is simply declare each dollar worth 1/50,000,000,000 $/oz, and flip china 1200 oz for their 2T$ and say thanks for the business.
When bailing out of FRN, by buying US, that is inflationary, is investment, with the US looking into key technologies, a good thing. If fiat remains and is repatriated and hyperinflation results, at some point, gold becomes the prefered medium of exchange, and that becomes more popular. I just cant see the gov allowing for deflation and ruin. I can only see an inflationary preference, in a major league way, with foreign US fiat holders getting burned, as the US enteres the golden age anew, without a national debt.
I personally think, the US got goods and services from abroad, on the cheap, and they dont even know it, we hold all the ACES, they hold FRN losers.
Thank you Nixon, for snuckering them all, and furthering the confluence.
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Now go back to Jan 06, where I wrote:
In retrospect, as a loyal American, I would like defend the USA, as best I can. It was and is the US tax payers that have really paid the higher price to civilize the world through vast expenditures upon military and state department efforts and aid, from WWI and WWII and to the present day. We Americans continue to pay for that civilization, while the rest of world basically stiffs the US with little effective contribution and counterproductive self serving acts. The foreigners enjoy the benefits of globalized world trade but don’t share in the cost of maintaining and protecting it.
It has been the USA soldier on the front lines, and the sea going battleships and carriers that have lead to a "democracy century" as the USA President has recently declared. In a convenient rationalization, I do not have a problem, really, with stiffing the foreigners, as simply the being the quid pro quo for their pacifism and evils in world affairs, and want of serious contribution to global civilization. That is, stiffing the foreigners by a collapsed FRN is simply the cost of doing global business enabled by USA military might in protecting international sea lanes and trade through civilizing societies and protecting global trade.
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China is going to have pony up, BIG TIME, they all will
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If I were King of the US, I would:
1) ORDER the blockade of Iran, and take out missiles and nuclear weapons production facilities.
2) Abolish the FED.
3) Abolish the IRS
4) Abolish the tax code.
5) Mandate Treasury and States to collect taxes only on consumption, and inheritances, and real property, with homestead rights preventing seizure except upon death of owner of primary residence.
6) Mandate nationalization all major US producing Au/Ag Mines with adequate compensation by FRN buying of all shares.
7) Mandate massive increase eagle coinage Mint production
8) Abolish local and national bond issuances.
9) Mandate the execution of all personal injury lawyers.
10) Mandate immunization of all licensed doctors from malpractice suits.
11) Abolish all income and payroll taxes.
12) Abolish social security and welfare, retain only food stamps, health clinics and shelters, as the only funded social programs.
13) Abolish all gun control laws, except felon possession.
14) Mandate the death penalty, with swift executions for Murder, Rape, Arson, Bank Robbery.
15) Mandate Execution of repeat violent criminals, in the public square.
16) Mandate bi-currency FRN or Au-Ag legal tender.
17) Mandate the line item veto.
18) Abolish deficit spending local and federal.
19) Mandate Conscription work of habitual unemployed, vagrants, bumbs, and repeat offenders.
20) Mandate Conscript economic hard labor on criminal prisoners
21) Abolish all campaign federal funding.
22) Mandate Army Shoot to kill orders on the southern borders
23) Mandate work renewable 6 month visas for migrant workers
24) Abolish citizenship to children of illegal immigrants
25) Abolish all subsidies.
26) Mandate extensive and extended incarcerating medical treatment for openly public gay acts.
27) Mandate the execution of all child predators.
28) Mandate authorization of after hour volunteer church services in public buildings and facilities.
29) Mandate child school room participation of national anthem and pledge.
Just to name a few.
But, maybe I should run for public office, but dang, I need some campaign doe, so, I now have on sale, my latest grand work, "My Life", in a bid for "Leader".
==========================
To get rid of the squirells, to flush them back into the trees, and from digging holes in side of the retaining wall, I will buy a stuff owl, scare crow style.
I think I know what is going on, farm raised rabbits to not learn from day one to run at the sounds of predators, so, that is why it is difficult to keep and train domesticated rabbits in the backyard, with AM cruising coyotes. Get the young, and trian they them to flee, quick. The next male bunny purchased will get an extensive training session from the home terrorists. Floopy is very very careful, and sstay close to the bunnyhole, and hence, is still alive.
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Mayor and City Counsel
Laguna Beach California,
Please kindy forward to the LBPD, administration hearing 7/10 10am.
Thanks, Much appreciated.
Derrick Michael Reid
Derrick Michael Reid
Laguna Beach, California 92651
I hereby Request An Administration Hearing re citation AC-7782
Dear: Laguna Beach Police Department,
Declaration in Support of Dismissal
I Derrick Michael Reid, do hereby declare and state:
1) I was cited for LBMC 10.02.020(B) skate board riding on walkways, and purportedly refused to stop my 3 year old sons from riding on main street Beach.
2) I don’t believe I am guilty because, I was not riding anything, and a citation against me is unfounded, as the real alleged perpetrators were two toddlers, who were not cited.
3) I don’t believe I am guilty because, the 3 and 4 year old toddlers of mine were not on a "skakeboard" understood to be a platform on four wheels, but rather were in possession of 3-wheeled scooters having handle bars connected to a vertical steering column connected to one front wheel for steering, with two back wheels.
4) I don’t believe I am guilty because, the 3 and 4 year old toddlers of mine were not "riding" anything, but were rather pushing with one foot on the ground while the other foot was on the scooter, like having one knee in a little red wagon, and the other leg outside pushing, having a MAXIMUM SPEED OF 5 miles per hour.
5) I don’t believe I am guilty because, the 3 and 4 year old toddlers presented no reasonable risk of bodily harm or property damage to anyone, and the application of the law against them is against PUBLIC POLICY, and inherently unreasonable, as, F=MV2 the force impact by a 30pound toddler moving at 5mph is 30(52) or a force of 750#m2/hr2, which simply is insufficient to reasonably cause damage to anyone or anything.
6) For over one hour I remained in the center of Main Beach, and observed eigth different young males, about high-school age, about 125 pounds in body weight, RIDE (with both feet on the flatforms) their SKATEBOARDS, at a speed of at least 20mph, providing an F=MV2 of 125(202)=50,000#m2/hr2, which is sufficient to reasonably cause damage to persons or even property.
7) It was obvious to me and I believe would have been obvious to anyone, that the code in question was selectively enforced by the LBPD against me, in violiation of my civil rights.
8) It was obvious to me and I believe would have been obvious to anyone, that the code in question was selectively enforced by the LBPD against me, and not high-schoolers or the bums, as I can afford to pay the citation of which I believe may be an attempt to discriminatorially collect fines effectively as taxes for the city coffers.
9) It was obvious to me and I believe would have been obvious to anyone, that the code in question was selectively enforced by the LBPD against me, and not the high-schoolers, because a Lieutenant Life-Guard did not like my boys around the lifeguard building or the lifeguard cars, both of which are positions by or on sidewalks on mainbeach, and this Lieutenant apparently called the police.
10) Within 15 minutes, a non-police city-officer issued the citation, who was backed up with a female sargent, the apparent watch commander, and another officer named John, who all collectively and apparently tried to shut me up, and took exception to my excerise of my free speech rights, in violation of my civil rights.
11) I have lived and own property in Laguna beach for 20 years, have enjoy taking my two little boys to the beach often, in the very late afternoons for ice cream, scooter rides and play at the beach, and have never heard one complaint from anyone, except the Lieutenant Lifeguard.
I declare under penalty of perjury the forgoing is true and correct under the law of the state of california, this declaration being executed June 19 2008, in the city of Laguna Beach.
Derrick Michael Reid
Comment:
Have you people lost your freaking minds? Don’t you people understand the concept of prosecutory discretion? I can understand that the Lieutenant lifeguard may not like little kids near "his" lifeguard official public vehicles or near "his" HQ public building, but, when you place such right there on main beach, in pedestrian walkways, what else do you expect? Little kids are little kids, and are not monotones that are subject to absolute control-freak lieutenants or their supporting police buddies, and I am not one to simply walk away from an absured and vindictive prosecution for the harmless acts of three year olds.
If you request, my implication through a lack of dismissal of the citation, I am more that willing to make another one of my huge campaign signs, and parade up and down main beach, ALL SUMMER LONG, on a daily basis, about 2 hours each day, handing out flyers, making loud speeches so that everyone can hear my important political messages, which might be delivered in perhaps not such flattering langauage as you all would deem desirable, explaining to the public, the GESTOPPO LIKE NAZI GUARD DOG MO of laguna beach "public servants".
On the other hand, by dismissal, by implication, mutual apologies are exchanged, and I will keep my toddlers away from the Lieutenant's HQ and his precious vehicles.
Sound Fair? You Decide.
A copy of the citation is provide herewith. I hereby submit the question based upon the foregoing, and waive rights to be personally present at the hearing, unless requested to attend the hearing, which I would do, if more information is desirable. Please find herewith a check for the fine of $100.00 which I hope will be returned to me in due course, as justice requires it.
Sincerely,
Derrick Michael Reid
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
A pandemdic can take out a Billion overnight
Terrorists are blowing up Buildings
The cut and run crowd bury their heads in the sand
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
The Banksters and Bullion Bank Moneys Managers Manipulating,
Government Fiat Money Controlling the minons, imploding markets
Freedom an illusions of Days gone By
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
The Iranians are building the Bomb enabling Terror
Jihad in the Sudan raping, murdering, in genicidal Glee
Hezbolla and Hamas rocketing and sucidial bombing
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
The Finacials are imploding the global markets
The soup kitchens warming up in preparation
Mass unemployment, disaffection and popular unrest growing
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
Liberals Push for more control of every aspect
Don’t do this, don’t do that, unless your decadent
Get out of the public square you god fearing freaks
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
Can't smoke on mainbeach less a fine for the city coffers
Pick up a sea shell, and its mandatory incarceration
Don’t ride your scooter, 3yo, or its 3 days hard labor
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
Faggots corn holeing in the Pulbic streets Parades
Godlessness abounds in decadent public acts Enunerable
Liberalism frees selective forms of decadent expressions
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
Banish those forsaken Easter bunnies and colorful Eggs,
Chop down those happy holiday trees, its happy holidays
On your way to the merry winter parade
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
Petaviles screech in fear a rabbit becoming predator feed
Global warming alarmists get awards and make 100 million
Banish Christmas lights and think of the power savings
Sign Sign everywhere a Sign
Blocking out the scenery breaking my mind.
Do this, don't do that, can't you read the Sign.
Laguna Beach is so into its gay-ass liberalism, that they are going control the minions to their line of thinking, to enact countless petty laws, rules, and ordinances so the city bosses can pound their chest thinking they are doing the public good, controlling all our lives, in minutia, while high-school boys wear makeup and ear-rings school, their faces looking like a tackle-box, and girls betting who can hook-up first at the beer party, its their right you know.
In the case at point, the infamous 3 year old scooter ride, the lieutenant could have simply asked me to do what he wanted me to do in the form of a request, to curb the boys riding their scooters near the life guard HQ and cars, or whatever, but he did more than that, he threatened me with criminal prosecution, if I not hop to. The cop on the beat should use the citation book as a means of last resort to prefect the desired result, not to get brownie buttons and fill the city coffers, but TALK to people, and encourage desired behavior, civilly. But, that is not what occurred. There was no polite request from the city servant, that would have been complied with, but a threat of criminal prosecution, if I did not jump to. I was threatened with criminal citation for the relatively harmless acts of two little boys on scooters. Talk about a power trip, but I guess, that is what the city bosses are all about. Less of government is more freedom. Less is more.
I use to not understand these armed militias and the mountain recluses, thinking they were whacked out, resorting to shooting officers who get to close to the cabin and blowing up buildings in despair, but the more I understand government, the liberal agenda of control control control freak mentality, and the Laguna Beach City bosses are exemplar, for what it is, and what they are, the more I understand the mountain lunacy, and the evils of city hall. The reasons we have the rights to guns, is not only to self protect persons and property, but to take down dictatorial governments, and lets not forget, we once fought for freedom, but nowadays, we bow down to the city bosses, a pervasive learned culture of weak minds from decades of the selective controlling liberalism at city hall.
I am tired of taking it in the ass, I aint a liberal faggot.
Most Sincerely, Derrick Michael Reid
=================
And these people, and many others as well, probably think I am that serious, just out there, yet to me, listening to myself, it is abosultely hillarious to me, the extreme rants, but deep down, there is always a little truth, in just kidding. Make it extreme to get the point across, while laughing to tears at times.
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My boy was at a neighbor's house, he has a planter, circumscribed in bricks, laid on edge, diagonal, forming a decorative sawtooth edge. My 3 yo boys, slips and fall, and sure enough, bang right in the forehead, I saw and heard the thude, I cringe, his head has a dent, he starts crying, within five minutes, the dent pops out, in 15 minutes, he stops crying.
But you know, I AM NOT GOING TO MAKE MY CHILD wear a HELMET 24/7. I just aint going to happen.
In the back yard, I have a patio step near the grass, the step 4" above the grass, having a 3D corner. I just know, the boys running in the back will fall down. Their heads hit that running full bore, could be brain dead, so as a concerned parent, seeing the potential danger, I put a big potted planted over and hanging over the corner, to reduce the potential for harm. I did not need a state man-date.
Beside a seat belt, an air-bag, I now can not drive talking on a cell phone, ITS THE LAW, must be hands-free, LA, as of 7/1. Maybe its a good law, but it just seems that there are so many. I can drive safe, talking on a phone.
Freedom comes with responsibility
Enslavement comes with dependency
I would rather be free and responsible, than enslaved and dependent.
All those wanting enslavement, hand outs, and dependency, gov-care, raise your hands, good little people, you just fall in line, now go vote for OSAMA
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Why do I post this CHIT?,
To pisst off a bunch whinny ass liberals,
ITS FUN!!!!
they just get their panties in a bunch.
I was at the mall yesterday, walking through with the two little boys, trying to find marbles for the marbles machine, their new toy.
There are many stands, with merchants, inbetween two lines of shops, in the alley.
Anyway, some young guy, about 19-20ish, looks at me, and say, Sir Sir would you like try our product. The guy talked with a distinctive surissh-lisp, definitely one of them little faggot.
I looked at him and said:
HOW CAN YOU TALK LIKE THAT IN PUBLIC,
HAVE YOU NO SHAME???
He was stunned, could not believe someone would tell him the TRUTH about himself, in public.
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Mr. Sinclair,
Thank you so much for all you do. Yes, we hear you loud and clear. This day I ordered all my mines share certificates to be delivered to me, to stop share pooling so that my shares cant be used for short selling. No ETFs for me. No margin buying. Cash on the barrow for bullion and mine shares. All my bullion is in my possession, and my mine shares will soon be in my possession, and any others hence forth purchased. I am running for hills. In all my 54 years, I have never seen such a deluge of bad economic and banking news. I agree, this is it. What do I have to loose holding my own bullion and mine shares in my possession? Zippo.
Thanks again.
CIGA Derrick
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I move say ave X-K$/mo into TD, I make one usually one buy, throw a dart at the miner board. Its costs 10$ for the trade. Now, I will immediately there after, I instruct them to send me the certificate shares, make photo copy, bank, and home retains copies. If they go off big in the out years, take cap gains, or leave to to kids. Bullion, its cash on the barrow, and spread gold eagles out in several big bank boxes 4 at 50$/year, and have a few off-campus secret storage safes that retains the silver, that silver is freaking heavy!!, breaking my back lugging the mint green boxes, (only eagles) around southern cal. But, at times, for a week or two after a purchase, until I move it off campus, I have temp coinage at the home, but i am a crack shot at 50 feet with a long barrow blue steel 375 mag SW, my fav, and a shot gun.
Locked and loaded.
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Le Patron
Get em all now!
RBS, Capital Point, Sinclair, Midas, sure they are in lock sync, jury still out, though, WAIT A MINUTE, this guy, I highly respect, is coming unglued.
Its official, CHIT will hit the fan.
http://news.goldseek.com/Grandich/1215622800.php
Screw the vote, the politicians are done, Todd and Barney might be the first to go, chairman of finances, maybe its time for militia training, its every man for himself, out on the street, amongst Lions and Tigers, and Bears, OH MY!!!
As the Mogambo Guru says, we're freaking doomed!!
Got Gold, Got Silver, (You will need it)
Got Mine Shares (get em in possession)
Got Land, (Barricade the freaking Door)
Got Guns (start packing, locked and loaded)?
Got God (start praying, cant hurt can it)?
If not all, get em all now.
Derrick
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This message was edited by DerrickMReid on 7-9-08 @ 2:54 PM
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DerrickMReid |
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07-09-2008 @ 2:22 PM
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Member
Posts:
Joined: Aug 2007
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Le Patron,
The Vapors
I can just smell the stench, its really getting stinky out there. Inflation and deflation, wow what a combo. Commodities, particularly food and energy prices are rising fast, and, yet assets are in deflation, with houses and businesses in the tank falling in value. And it wont matter how low the fed fund rates goes, people and businesses are so tapped out, and banks wont lend any how. This is what happen to Japan. And I never got that, those low low interest rates in Japan were and are for over a decade, and those low rates just did not work to spur the economy, as people pull in purse strings, and have less money to spend and naturally spend less, with banks unable to find credible borrowers even with a freebee give-me at the fed window enabling any bullion bankster to borrow as needed to keep them afloat, but that money wont help us little guys or save the US economy. Take pictures while it lasts, folks, soon the local saving banks will go belly up as well. We all feel trapped in a cell, with nowhere to go.
I've got your picture, I've got your picture
I'd like a million of you all round my cell
I want a doctor to take your picture
So I can look at you from inside as well
You've got me turning up and turning down
And turning in and turning 'round
I'm turning Japanese
I think I'm turning Japanese
I really think so
The Vapors
Derrick
==============
Inflation and Deflation, I got it, I got it, two colors of the two tones, and just call the FEDs for a freebee, a good time, bullion banks, if your really looking for good time, planet walls street, I got their number off the wall, I got it, I got it, 8675309, I got it, I got it, 8675309, if you're looking for good time. tommy 2 tones.
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as midas once famously said, "one unusual cat",
Im just looking for a good time!
=========
President Bush, HERO BUSH!!!!! My Beloved President
Did you watch those missiles fired by Iran?
Have you seen the photos of the Nuclear Bomb Facilities?
Did you hear Amadinaja say its was a JOKE that the US would act?
You leave office with those missiles and facilities in tact, and you will disgrace yourself in perpetuity, disgrace the land of the free and the brave, give to the next generation of Americans a continuous nightmare, and cement a global community held hostage in terror..
YOU MUST ACT.
Derrick
==========
Well today is the administrative hearing regarding the infamous 3yo scooter ride, so I prepared myself, rehearsing the opening argument, examination of officer witnesses, and closing argument, and wrote notes:
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Procedural Due Process
1) A reading of the charges, (I got a copy of the ordnance limited to skates and skate board, I will win)
2) Right to confront Witnesses (I want the citing officer present, to humiliate in public)
3) An opportunity to be heard, (with all the color language necessarily joyfully pendent).
I teach my boys aggression, I don’t want to raise a couple of pussy faggots. They have scooters, to give them a sense of personal power and independence. On the streets, to instill fear in the hearts of unsuspecting civilians, they like riding their leathal weapons of choice, THE BALISTICAS, as, at my house, we play ROME STYLE.
after a couple of months, averaging about 3 late afternoon, Ice Cream, boardwalk scooter rides, never was I cited, yet, the lay-officer were ever present with no warning or comment from the any police officer.
The senors often seating on the benches, just love the boys, as they say high, and engage the old folks, on the sunny afternoons, and the daily interaction is just darling, and enjoyed by all. No one has ever complained to me.
At the north end of Mainbeach, there is a very slight grade, running from the lifeguard, to the beach sand ramp, AN ATTRACTIVE NUISANCE to that one local, in a way, but the grade is to slight for the boys to get up any serious speed, as I have watched them there for over a year. Whereas on my block where I live there is a grade in the street, when they are required to where, helmet, gloves, elbow pads, and knee pads.
The lieutentant came up to me, confirmed the boys were mine, and said they cant ride on mainbeach and need helmets and I will be cited if they continue. The threat of criminal prosecution. I gave the F-U, and walked away.
The lay-officer came out of no where, a bee line towards me, in the circular cobblestone area juxtapose the boardwalk. I told the 3yo he cant ride his scooter, and the 3yo broke into tears, right there on boardwalk.
The bee-line towards me, in view of months of scooters rides, indicates that the lay-officer was summoned by the Lt lifeguard. They were going to get me.
The lay-officer confronted me, with the 4yo proximal, on his scooter, with the 3yo 10 yards away, screaming while crying his eyes out.
Q: Is this a "skateboard"
A: No, (no one could confuse a scooter and skateboard)
Q: Did you instruct me to stop the 4yo boy on the cobble stones to stop riding.
A: Yes (no way on flat cobblestones can the boy get up any speed whatsoever)
Q: Did I refuse to stop the child?
A: Yes, (He wanted me to TAKE the scooter from the child have another balling child on my hands)
Q: Did you cite after the refusal
A: Yes (The citation was not issued for violation of law, but rather a failure to comply, the defiance to a POWER TRIP, it was not the alleged violation, but the lack of OBEYANCE, to the control freak)
I was cited not for violation of law, I was cited for REFUSAL, not obeying, as months of scooter boardwalk ride history shows, as it was permitted for months, in broad day light and in plain view to everyone at all times, but cited for not cow-towing to the lay-officer and the vindictive Lt. lifeguard.
The lay-officer indicated I should stop the 4yo. Oh yeah, and shock the 4yo as well into tears and cries as well, and get thrown in jail for child abuse for intentional infliction of mental distress, by the liberal faggot. It aint going to happen.
The only real pleasure I get in life, is taking the boys to the beach for ice cream, scooter ride, and sand box play at the beach, as they become endearing to the old folks, in very happy times, there, and the vindictive thugs at the PD, have effectively taken that from me and boys and the old folks, with their threat and citation and prosecutorial thuggery.
You people should be ashamed of yourself.
But shame does not matter in laguna beach, control does.
==========
However, just an administrator, and two clerks were present, no confrontation of witnesses, due process denied, but got to rant, an opportunity to be heard, it was fun, THEY DONT LIKE ME, those liberal beeeeeatches. The administrator ruled that the code only cover shakes and skateboard, and dismissed on the narrow ground, avoiding admission of denial of rights, protecting the city from admissions against interest, if I were to file a federal civil right action.
We all make mistakes, I do all the time, the officers were out of line, but, I wont file a federal suit, though I might tag for some doe, but just let it go.
By and large, the Laguna beach PD, is one of the best, even though, at times, dumb mistakes are made.
Give em a pass, and consider it a victory, defeating city hall, though I laugh my tail off with the letters and hearing rants, to the city bosses, so, I GOT MY REVENGE, and my $100 bucks back. VICTORY for freedom!
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Richard Daughty, The MOGAMBO GURU,
On Gold Seek, or Gold Eagle, I always look for the Guru's latest. Why? In these stressful days, and in high volatility bullion and mine shares, we bug investors can get a little anxious, allot of the time. The Guru is my medicine of choice, bringing words of cheers day in and day out. I just laugh my tail off at every posted missive from the Guru. Please, keep it up, the style is wonderful, and often I am brought to tears, On The Floor, Laughing my Freaking Ass Off!! My many many thanks.
Best Regards,
Derrick Michael Reid, BSEE, ESQ
Laguna Beach California USA
lemetropolecafe loon
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I work is large research complex, on-campus with lots of trees in LA, near LA-AFB, I have seen a fox once, squirells all the time, but this day was the first in 14 years I saw mommy racoons and 2 babies in the plaza, gave them peanuts, and they hisst at me, when I got close to give them the nuts. cool
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http://www.lagunabeachindependent.com/news/2008/0711/letters/015.html
HOT DAMN, I made the local news paper.
REVENGE IN SPADES!!!!
Revenge is a sweet delicious dish, ....
best served ICE COLD.
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When you give a donation to a public political campaign, it is published throughout the land.
I gave $1000 to Goofy on the hunt for red november, but bailed out after the poor showing in the SC primaries.
LAGUNA BEACH, CA Political Contributions by IndividualsDERRICK MICHAEL REID (SELF/LAWYER), (Zip code: 92651) $1000 to FRIENDS OF FRED THOMPSON INC on 11/26/07.
www.city-data.com/elec2/08/elec-LAGUNA-BEACH-CA-08.html - 140k - Cached - Similar pages
==============
LePatron,
Case Dismissed
The authorities, federal, state, and local all try to control the minions with laws enumerable and enforced by the police state. The FED does it to us all using FIAT, instead of the using constituional real money coinage, our freedoms being denied. Midas does his thing on the big board, but we all should do our part, no matter how small, to stop every unreasonable encroachment upon our liberties.
http://www.lagunabeachindependent.com/news/2008/0711/letters/015.html
Revenge is a sweet delicious dish, ....
best served ICE COLD.
Case Dismissed
Derrick
====================
See link below on news wire.
http://news.yahoo.com/s/ap/20080713/ap_on_re_as/afghanistan
9 of our brave boys died in battle in Aghanistan today. Lets all honor their sacrafice for god and country, trying to civilized that area of world, and defeat islamofacsism and free those millions living under the ultimate police state of religious fanaticism.
Iraq is improving, fast, so fast in fact, and so well, the US is under pressure from the Iraq government itself, under pressure from sh*te radicals, where the Iraq government is now calling for precise time table withdraws, (I guess they took their que from OSAMA, MURTHA and the cut-and-run crowd, apparently ON THE SAME SIDE, Al Sadr, against freedom for all). But, if the Iraqi government can maintain its democracy and control the terror attacks, then ok, a scale down would be in order, a good thing, and that is called VICTORY.
PREDICTIONS:
Iraq does draw down in US forces in 2009, but a portion thereof, either on rotation or direct transfer will end up in Afghanistan, bringing full attention to the Iran-Iraq-Afghanistan-Pakie area of islamofacsism, focused in Tehran and Bora Bora.
The pending Israelis strike or US Blockade will require a strong US presence, in Iraq for some time to come, unless we get an unconditional surrender in Iran and Bora Bora, which is most highly unlikely, as the Iranian black-hooded Tri-delt sorority gals with clinched waving fists, scream death to America, and Ramadinaja pledges to wipe Isreal off the map, which strikes/blockade will result in an up-tic in Iranian induced violence in Iraq, as they are there now anyway, as well as sympathy strikes in Afghanistan from Taliban and Al Queda remnants, which is ok, becaue as soon as and the more they are mobilized by cries of JIHAD, the easier it is, to slaughter them, wholesale, as they advance in mass with their privative weapons.
In furtherance thereof, cross-border strikes into the Sawiristan (spelling) western pakieland will heat up, under protest from the pakie government, (while they, in part support the militant effort), as they are cowards and infiltrated by extremists anyways, but nonetheless, the cross-border coalition US-lead attacks will be made with increasing intensity and frequency, going into 2009, and particularly next summer 2009. That is when we clean em out, unless of course OSAMA gets elected, as then it will take, FOUR MORE YEARS!!! of violence as president OSAMA becomes conflicted and indecisive.
With Iran getting hit, and pakieland under external assult, OIL spikes, Gold Spikes, and the GOLD CARTEL is doomed, which will be a good collateral consequence.
There are 40 nations in Afghanistan just now, (no wonder those code-pricks softball Afghanistan, dont fight in Iraq but Afghanistan is a noble fight, yeah right), an impressive coallition, for sure, the tide turning there, leading to a peak fighting in summer 2009, after a winter 2008 iranian strike, and declining into sedation in starting in the summer of 2010, as that will be the last HOT BED of global militancy to sedate, as THE CONFLUENCE MARCHES ON.
40 Nations, hhmmm, (THAT SPELLS GLOBAL CONFLUENCE of the civilized cooperative interconnected CORE targeting a rouge GAP nation, by the by), Reminds me of the Japanese soliders in WWI, after seeing our brave US black soldiers fight so well, "THE WHOLE WORLD" is against us. That's right, islamofacsism is a scurge of the world that must be destroyed, and all should support those noble efforts there.
Kill em, Kill em All, Kill em now.
To fully appreciate the duplicity, the brown-shirt mentality of the CODE-PRICKS, the political convenience for political power led by Soros and his socialist henchmen, lets all try to imagine, that in response to the below news release, 10,000 girls, all in darling pink t-shirts, in a mass rally, at the Washington monuments, waving fists, all screaming in unison,
Kill em, Kill em All, Kill em now!!!!!
I would love to see the CODE-PRICK gals duke it out with the Tehran Tri-delt black hooded gals, (as in the tri-dent, the devil's weapon of choice), in a mass brawl, with Vegas betting billions on the match, the fight of the century. Could you imagine the hair-pulling, dang, it would be like the coyotes jumping over my fence, taking out my bunnies, in the back yard, with hair fragments scattered everywhere. That would put them english scoccer fans to shame, in demonstrated brutality, the hair pulling, biting, and kicking, tattered pink T-shirts and black hoods laying about, so thick on the ground, one would not be able to touch ground, walking across the battle field, as the girls do their thing, the black team v the pink team. This would be the only time, I would actively root for the pink team. On the floor!!
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Editor
Laguna Beach Independent
Thank you posting my declaration in support of dismissal of LBMC citation for riding skateboards on main beach by my 3 and 4 year old boys, when in fact, they were riding only scooters, as an apparent vindictive use of the citation book. I am pleased to report that the citation was dismissed by a city administrator. Justice was served. Mistakes can be made at times, but do rest assured, in my 20 years of living in Laguna Beach and 30 years earlier throughout the great State of California, the LBPD is one of the finest, if not THE FINEST, police departments in whole state.
I do not know the name of the administrator, who dismissed the citation on the narrow grounds, "it was not a skateboard, and I am dismissing the citation for that only reason", as she of course would not address nor admit any other wrong doing by the LBPD, such as, vindictive prosecution and violation of free speech civil rights. She was a heavy elderly woman, with short sandy hair, and honesty, was very commanding, with a strong presence, as she knows very well how to handle herself, especially hot-heads like me, and I was actually very impressed, as she is the right gal for the right job. The city is well served with this woman at her post.
What was really so so funny, at the administrative hearing, though, were the two clerks watching from the left in an elevated desk position, one, the brunette, was lively and nice and smiled, but that pretty one, with blond hair, 30ish, just gave me the evil eye the whole time, like "how dare you" accuse the city of wrong doing. I speculated in my mind that she was either a city attorney looking out for a possible federal law suit, or a criminal psychologist trying to determine if I was likely to blow-up city hall. So funny to me, actually, the three gals were so completely different in demeanor.
Anyway, I have no intent in taking this any further, though I believe I could tag the city for a quarter million in a federal court, if I choose to do so. But why? Why turn a mistake into a lotto game for personal greed? What is achieved here is that the dismissal served justice and was in effect a public recognition of a wrong. If an officer has a problem, I would encourage the officer to talk to people, and kindly request desired behavior, rather than resorting to the citation book and threats of prosecution as the first means of promoting law and order.
Please clearly understand, that the civilian-police officer, just continued to smile, with a wide grin, at me in contempt and petulance, that irked me to no end, as he wrote the citation, giving me the impression that he knew he would, using the citation book, effectively force me to fight city hall, and loose my time and income, in so doing, and consequently, even if the citation was a bogus one, he was going to cause me pain for not obeying his direct command to curb the four year child, and that he would win the skirmish. I did curb the three year old, taking the scooter away from him, but that child broke out into crying throwing himself down on the boardwalk with 30 people wondering what was wrong. It was a pathetic scene. Now, do I tell the 4 year old the same thing, "the police said you cant ride your scooter", and take it from him, in compliance with police maliciousness? Well, I told many people on main beach in my impromptu loud and vulgar speeches what I thought of his actions, right then and there. The sergent on duty, and on the sceen, and over seeing the citation issuance, did nothing, and allowed the civilian-police officer to write a bogus citation for riding a skateboard, with the scooter right there in plain vew.
Your posting of my declaration, served to provide a necessary negative feedback to the police department to keep the officers in line from this kind of oppressive conduct by the police department. Revenge is a sweet delicious dish, best served ice cold. Thank you again for posting my declaration, as it serves the community in maintaining a good police force, and provides negative feedback to encourage proper police enforcement to maintain a good police department, and LBPD is certainly one of the best.
Lets all try to keep it that way.
Derrick Michael Reid
Laguna Beach
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Feds report 90-150 banks are under water, and may require seizure.
My move yesterday to Wells Fargo, was echoed this day by Rick Ackerman. WF's share price have not yet fallen out of bed.
http://news.goldseek.com/RickAckerman/1216101660.php
Pretty sad state of affairs when americans have to shell game their money between banks, just to keep it from getting seized by fallures and FED seizures.
Very sad indeed.
As far as BoA is concerned, I am hoping they go under, for giving criminal illegals bank accounts, contrary to immigration laws on the books. But then, when WF went "bilingual" with printing on deposit slips, (a means to suppress lawful latino americans and to keep them from being forced to learn english that prevent rapid assimulation), they aint so clean either in my book.
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This message was edited by DerrickMReid on 7-15-08 @ 10:00 AM
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