Monday, April 23, 2012


Someone seems to have a problem with Wally World today and decided to give them a little smacking. I guess Wally World didn't pay the bankers according to the rules of the true power. Maybe they tried some of Wally's hardball tactics on the boyz. Someone should have told the Bentonville bumpkins they don't treat the boyz like they treat the rest of the vendors they shakedown. There is a rule that has to be followed in the pecking order in the jungle and it is you don't shake the boyz.......they shake you. The next order of business to cover is our precious metals trade. Rest assured, nothing has changed as the last loose change is being scraped up all around the world and it is NOT going into your pockets, but you are welcome to guess who's. Here is one example.

(Reuters) - Syria is trying to sell gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports begin to bite, diplomats and traders said.

Western sanctions have halved Syria's foreign exchange reserves from about $17 billion, French Foreign Minister Alain Juppe said on Tuesday after a meeting with about 60 nations aimed at coordinating measures against President Bashar al-Assad's government.

"Syria is selling its gold at rock bottom prices," said a Western diplomatic source, declining to say where it was being sold.

A second diplomatic source confirmed the information, adding that Damascus was looking to offload everything it could to raise cash, including currency reserves.

On February 27, the European Union agreed more sanctions including prohibiting trade in gold and other precious metals with Syrian state institutions, including the central bank.

Two gold traders in the United Arab Emirates said the Syrian government had been offering gold at a discount, with one saying it was making offers at about 15 percent below the market price.



27 comments:

  1. Hahaha wow they are good! How insulting to have to dump gold at a discount. You know they have to feel disgusted with their situation. Like you said Kli grasping for the last bits of change WHEREVER they can before SHTF.

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  2. oh hubz........good is only the beginning.....good, diabolical, evil, etc,,,,,and finally NEVER to be underestimated.......without a doubt the greatest power ever on this planet

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  3. http://www.zerohedge.com/news/russia-will-not-reopen-situation-has-been-reocginzed-emergency

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  4. http://www.zerohedge.com/news/russia-will-not-reopen-situation-has-been-reocginzed-emergency

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  5. Just FINALLY finished The Big Short by Michael Lewis minutes ago. Have had it on my "To Read" list forever and only wish I had finished it sooner. I always knew they were idiots and we got totally screwed with TARP etc... but wow it was even worse than I thought. The clowns are the SCUM OF THE EARTH and yet were rewarded for it? Unreal... just unreal. Until we stop rewarding failure as a society in all aspects we will NEVER truly progress.

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  6. http://www.zerohedge.com/news/russia-and-mexico-both-buy-nearly-1-billion-worth-gold-march

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  7. Looks like AAPL opened down this AM.
    They report earnings after the bell. Perhaps the boyz are pushing it down, only to report good earnings after today's close.

    Let's see.

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  8. Another good book, incredibly documented is All The Devils Are Here (Hell is Empty)...written by 2 journalists...then there's Michael Lewis' newest, Boomerang...

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  9. I'd love to sit down with Lewis off the record and give him a triple shot expresso........bet I could get a lot more info than he can tell in his books

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  10. Maybe after they've confiscated all the gold, the price will go up. ;).

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  11. ok...dsco under heavy accumulation....pozn still pointing to 15 on pf chart...ASTM is forming base...

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  12. Isn't that the truth Kli? Just a heads up, in the money stocks recommending a swing trade on auy...wish they'd rec. ssri, you musta meant a "monster" short.Honest, thanks for these biotechs. I own zgnz and zcls. Looking at pozn & dsco.

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  13. Kli,

    When you find some let me know mines a bit tied up at the moment ........... Hehehehe

    Btw: Constitutional Crisis, ain't we in one NOW!

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  14. AAPL selling off again.
    I wonder if they have 550 targeted?? Probably some stop losses positioned around the 550 level.

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  15. stopped out of ASTM...I see something that could be profitable at cheap entry...I will get post when more comfortable with volume....

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  16. adam F just crushed GALE...could be a good snap back trade at depressed pricing..

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  17. http://www.dailymail.co.uk/news/article-2134280/Weeping-year-old-girl-accused-carrying-GUN-TSA-officers-hugged-grandmother-passing-security.html#ixzz1sz4JAqN8

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  18. I picked up some gale at 1.23...whats interesting is ownership of split off shares is monday...so perfect timing for short article....someone just picked up a whole bunch of spinoff shares on the cheap...

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    1. nice pick up on the spinoff play chuck

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  19. Don't know how you cats stomach the bios hahah, those scare the chit out of me :) Really think I'm going to buy some HL JAN 14 options. Probably dumb dumb dumb but I need a good gamble ;)

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  20. Hubz, tight stop...buy on escalating volume with asco conference coming up in June...there will be winners and losers....just have to watch the action....

    I mentioned Xoma, DSCO, GALE, POZN lately and it would have bought you a lot of silver...

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    1. do you have to rub it in ....hehehhehe.....only hit gale out of all of em

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  21. There you go.
    They push down AAPL to 555, and now announce blow out earnings in after hours. It is up 37 dollars and climbing.

    Who says that it is not a game?

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    1. http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2012/4/22_John_Hathaway_files/John%20Hathaway%204%3A22%3A2012.mp3

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