Whether the disaster that has struck the East Coast was precipitated by the PTB as some on the net have alluded to or whether a hundred year storm just happened to strike the heart of Wall Street.....it really does not matter...you will NEVER know. A tremendous amount of damage was inflicted on many families by nature through a monstrous storm and their suffering IS real. No amount of money thrown at this will ever replace their lives prior to this storm. It will never, ever be the same for many of these neighborhoods. Just visit Joplin, Mo. and talk to those people. Life goes on however and we need to stick our heads in the sand like good ostriches and look at what the PTB are doing in the market.
They are playing out the accumulation/consolidation of precious metals. A lot of momo boyz jumped on this trade a few weeks ago and time is their enemy. The "market" knows this and easily boots them of the bus with a nice month long consolidation phase like this. That is what pennants are. That is what the handles on cup n handles are. They SHAKE the leaves. They get momo boyz and weak retail schmucks off a trade. YOU'RE PREDICTABLE. It really does make people mad to tell them (myself included) that you really aren't any smarter than a test rat, but really we aren't. No wonder we were called sheep.......WE ARE. I always loved how the CNBS crew would point out years ago during long, overextended, overbot equity runs how the "retail" investor was "still in" as some pundits were pointing out how overbot the run was. Implying of course that the "retail" investor was smarter than the big money which was exiting. Well.....we all know how those runs ended. Of course at the time it looked like retail WAS the smart money. The only problem is greed never lets retail get out in time. They always get butchered. DO NOT THINK that most hedgees are much smarter. ESPECIALLY in the PM trade. Most are not even in it and the ones that are are for the most part newbees.
What you need to know is that we are going to print. BY WE, I am referring to the entire fiat world. This is a global collapse.......PERIOD!!!
Let's keep this short. The bullion is not there. No details but its obvious. Hopefully this remains in the backround for a few more months.....the longer the better......(if you don't know why then sorry)...if we are lucky then the current phase will see a gradual tradeable move in PM stocks. Meanwhile there is a battle for bullion shaping up that is exploding behind the scenes. Spot price is for suckers.....gl and enjoy PS...New York and New Jersey gang......hope all of you and yours are well.
Wednesday, October 31, 2012
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http://www.zerohedge.com/news/2012-10-31/it-begins-ecuador-demands-repat...
ReplyDeletehttp://www.waterbob.com/Information.do?forward=home
ReplyDeleteI have two or three
Tom ...this will pass....I have lived through it 5 or 6 times
all hail the space city...lol
Jim Willie: Central Bank Gold Rehypothecation Scandal to Take Gold to $5,000/oz
ReplyDeletehttp://www.silverdoctors.com/jim-willie-central-bank-gold-rehypothecation-scandal-to-take-gold-to-5000oz/
yes paladin he is on the right track.....but i do not think even most of the gold bugs know how deep this really runs......there is very little bullion left in any central bank vaults
Deletekli,
Deletethis may be a stupid question, where is the bullion at if there is very little left in any central banks vaults?
not a stupid question.......through the variety of leasing/swap arrangements for control of the gold price and therefore allowing tremendous fiat leverage/money printing the gold has found its way into "private" hands through jewelry/bullion/bullion coins/sovereign entities that include china russia ME etc.......and then finally of course there are the goldsmiths that still hold gold in their private stores as they have for centuries....BTW look how they looted the BOE's gold......hehhehehhehe...... and that was in broad daylight.....Someone had to give up some bullion to keep the fiat game derivatives ramp intact the last 20 years.......when you dance with the devil then you will have to pay a price
Deletethanks for the info. It all seems so crazy. the whole gold/silver price manuipulation game is way beyond the scope of my small pee brain. Scary to think what is to be if gold goes to $5000 or higher. it cant be good.
DeleteDo you guys believe HAARP deliberately messes with the weather (environment)? Guess I don't put anything past them anymore.
ReplyDeleteYES! Did it create and guide this storm? That of course will not be known by us.
DeleteGM guys. Funny things happen on the way to the vaults...Allied (ANV)potential earnings growth posted yesterday at 133.5%, then downgraded this morning...currently down 4.24%..watta game. Kli, are you still going to Europe? If so, stay safe. Hope things are improving in NY/NJ.
ReplyDeleteleaving town in two days
DeleteSis, without a doubt the military messes with the weather. To think otherwise is a serious lapse in critical thinking. Can they create a hurricane you bet. Harp can create convection. Maybe other countries do it too.
ReplyDeleteChina is doing it in a big way
Deletehttp://www.pakalertpress.com/2012/05/26/china-to-increase-weather-manipulation-program/
heck, maybe the military is pissed off over the Libya debacle and fired a round at Wahington.... This storm had a funny track from the start by developing off Belize.
ReplyDeleteWhat an absolute mess it is here. Still without power but hussled up some
ReplyDeletemore gas for the gen no easy feat to say the least. Gas if you can find it, lines are forever and tempers short. Fuel situation gonna be a mess for a while. Stories I'm hearing are truly heartbreaking, so many on the South Shore lost everything. I have never lived through any thing like this and so many were unprepared.......
No me though so to Kli, Red, Joe and everyone else that helped me see the light and become aware Godbless You because I was prepared!
Tom,
ReplyDeleteI look at the pictures on the television and they are stunning to say the least. There have been various teams of people leaving WNY for downstate to help out.
My sister finally was able to call my mother and she, husband & kids are fine. No damage to their house, but no power and no idea when they will get power. They will probably lose the food in their refrigerator & freezer.
Seems like I just got cell service back at fhe front door :) Last post two towns over glad your family is all safe cause thats all that matters right now! You guys have seen more of the carnage then me..... Its one thing to see it on TV its another hearing the stories and seeing the faces of someone that has lost it all. I cant express in words how it feels right now but all I know I am truly blessed and again I truly can not express my feeling of deep gratatude and appreciation to everyone here in Kliville that has helped me become aware and prepared!!!
ReplyDeleteThnx Tom... being aware of the fragility of the system helps all of us get through these type of disasters....its not crazy is it to have things prepared like generators.....water purification....and food stores...NOT FOR THE END OF THE WORLD but for natures curve balls.....and she will always throw them
DeleteJust visiting some sites today reading accounts from some NY and NJ posters from other sites that used to ridicule discussions of "prepping" and "doomers".....THEY AREN'T RIDICULING them now........NOT so funny when you experience these type of collapses...maybe you can call these "one offs" or "once in a lifetime"......well go ahead and keep on sticking your head in the sand.....just make sure its not quicksand
ReplyDeleteNo Kli THANK YOU!!!!!!!! Yup sure took some crap from the family over the past couple of years with my "Doomer" prep but guess whos looking pretty smart now! Anyway theres going to be a long road ahead but it will get done some how........... One thing for certain is DONT WAIT spend the cash and get the stuff you need! I'm preparing a list of items I wish I had and will post when things settle down. Panic for fuel has now set in and we NY's arent necessarily knowen for our patients.... That whole scene is insane and will get worse before getting better!
ReplyDeleteRudy been thinkimg bout you hope you and your family are safe and well
I still remember when the JIT delivery systems and our vulnerability were brought up by Red several years ago......underscoring for me that with a looming financial storm coming our odds of actually facing these type of scenarios would rise exponentially
DeleteStay safe Tom, and you too Kli on your trip. There will be plenty of more disasters to go around, and they can happen anywhere. You will be much better prepared for the next one Tom. The weakness in gasoline is becoming apparent, availability and long term storage problems. Propane is a little better. If you do upgrade your setup, efficiency is important, longest run time for gasoline generators, is around 2500 watts; you give up running bigger toys for less trips. Wood stove and a couple cords. Portable solar generator setup for those longer periods or no gasoline. A few 100 gallon water bob's for the tub. A rotation of dry and can food. 5-10 gallons of bottled water. Bicycle, good hiking shoes and water proof boots and clothes. When the first snows hits it will get worse so start preparing now. Even if nothing else happens, repairs / insurance will take months to get set up. During normal times a gasoline panic will empty most gas stations, these are not normal times; expect the worse at gas stations until the situation stabilizes (it will get worse due to the panic). Prioritized essentials to survive and any trips. Locking gas caps are very important. You don't need to imagine 6 million desperate people fighting over gasoline and soon clean water and food. Don't Emperor Bloomberg is still trying to hold the Bloomberg Marathon while NY/NJ burns, history repeats over and over again.
Delete