Tuesday, March 19, 2013

NYET...NOT SO FAST

Tonight many pairs of soiled underwear of Cypriot Politicians are being cleaned and preparations for funerals are in full swing. Caught between the crossfire of the will of the European banking cabal and the Russian KGB Oligarchy is never a very comfortable position for anyone, but it is certainly becoming beyond uncomfortable for the Cypriot Pols. Perhaps the corrupt money laundering haven gave the Cypriot elite a very nice lifestyle and provided a feeling of invincibility from the laws of nature....but getting caught between a global battle of titans can make even sovereign authorities have nightmares. Cypriot Pols know very well the consequences of crossing either side of this war......slow death. I have hears several possible explanations for the EU deciding to make this play on Cyprus ranging from incompetence to massive greed. I do not know the answer but I would certainly need to consider that some very bright people know that Russians have much more than the MSM stated percentage of 30% of Cypriot Bank deposits. Since the bulk of the Russian deposits are maintained in secret, estimates are they could be 10 times the estimate even higher. It is a rich source of capital for a system in dire straits. It also coincides with the escalation of Syrian hostilities and alleged Chemical weapons use today. What does this timing portend? You draw your own conclusions but consider what close to one trillion in frozen assets could do to a country like Russia.

These actions are potentially miscalculated blunders by the cabal, but given the methodology and long term chess games, I suspect it is all intended for a given purpose. If it were a blunder, the MSM (owned by the Cabal) would not be keeping it on the front news burner pushing the "panic button" all too frequently. So for now I tend to look at this as a direct provocation AND body blow to the Russians and their banking system. It certainly provides some strengthening to our bonds and the dollar at a critical juncture. Do you really believe they can't get these banks opened?

The effect on bullion cannot be underestimated. It has become very clear there is very little reason to trust banks and money will move into bullion in massive quantities. Remember this a  spectacle to view.....like a bizarre real time movie....but this is real. Keep in mind that your own preparations are all that you can do for your family. They don't want to hear your gloom. They want you to be positive. So be positive. Think what is really important in life and do it. gl





55 comments:

  1. http://blogdogcicle.blogspot.com/2013/03/the-last-letter-letter-to-george-w-bush.html

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  2. Just as a reminder to those holders of SVM, the ex-dividend date is coming up (3/26/13).
    Yield presently 2.7%.

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  3. http://www.zerohedge.com/news/2013-03-20/imfs-lagarde-flat-raided-over-french-payout-probe

    read this and then read

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  4. this.......

    http://www.bbc.co.uk/news/world-europe-21823506

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  5. "it is our responsibility to be eternally vigilant. This is a responsibility we cannot delegate, something we have been doing for decades and precisely why we are in this mess today." anonymous quote

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  6. http://s7.postimage.org/e535h4daj/silver_3_20_13_weekly_180sma_shuffle.jpg

    make or break time...

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    Replies
    1. picked up some silver today and bought more ARNA yesterday...

      gotta to take what they give..

      cheers and good luck to all

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  7. Note to self - never believe stress tests - as 1 1/2 years ago the 3 largest banks in Cyprus passed the European test with flying colors

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  8. just announced Cyprus banks will NOT OPEN until NEXT Tuesday.......and that is NOT guaranteed....

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  9. Saw this on Drudge this morning:

    Cyprus crisis deepens: Bailout rejected, banks may not reopen.

    http://worldnews.nbcnews.com/_news/2013/03/20/17384301-cyprus-crisis-deepens-bailout-rejected-banks-may-not-reopen?lite

    Can you imagine that... the banks completely locking out their customers.

    They've made a mockery of the Euro.


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  10. HL is having a outside reversal day with good volume. Lets see where it will finish. I pick up some yesterday. I wish I would have waited one more day. GL

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  11. Platinum and Paladium exploding.....their headline price is not as large a threat

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  12. Gold should rip through 1620 tomorrow or friday

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    Replies
    1. OK KLI. I'm going to buy some GLD call options based on your advice. Wish me luck.

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    2. Well Jay......if you want to challenge the game with options then you'll need luck....hehehehe......its all a casino so rolling the dice with a limited downside loss seems reasonable....

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    3. Have you seen equities today?

      Dow
      14,534.86
      79.04
      +0.55%


      S&P
      1,560.21
      11.87
      +0.77%


      They are totally blowing off Cyprus. This market is so manipulated it's almost comical.

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    4. "They" may be blowing off Cyprus but Many Heavy hitters and I MEAN HEAVY HITTERS are shitting their pants in Eurozone banks AND over here. They were shocked that the actual bank accounts were attacked. So whether they get the accounts or not the damage is done to the depositor's confidence and RUNS have begun on the peripherals already. THAT money will go into a number of vehicles but bullion WILL be the biggest beneficiary. NO MATTER WHAT BEN paints the tape

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  13. http://blogdogcicle.blogspot.com/2013/03/cyprus-turns-to-russia-after-eu-terms.html

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  14. Bernanke on Cyprus: "The vote failed and the markets are up today. I don't think the impact has been enormous."

    http://on.wsj.com/Y6c9FY

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    Replies
    1. what did the Euro banker Juncker say about lying......

      “When it becomes serious, you have to lie.”

      I think you may find this is Ben's motto also

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  15. Let me see if I can understand this. The IMF and the Euro bankers told Cyprus to raid people's deposits to help pay for a bailout. The plan backfired as the people revolted and told their government to tell the bankers to go **** themselves. And that's what the government did, although we're not sure what plan B is now (Iceland model?)

    So, if this was a test, as many strongly suspect, it seems to have failed. If it was a ham-fisted attempt at a bailout, then it goes to show the incompetence and desperation of the people in charge of the IMF/Eurozone.

    Although it's not over yet, it's starting to looks like much ado about nothing. No strong reaction of any kind in the equity or metal markets, no panic in the PIIGS or elsewhere that I can see. Or is this the calm before the storm?

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    1. The entire situation in a nutshell is a strong signal to all depositors in Banks ranging from New Zealand to Spain that hell is coming and you better make arrangements for your "money" ....If you think things are under control then gl to you..........the message was sent....the damage was done.

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  16. Let me give all of you a hint including you Budfox....Fedex just missed Badly.....Oracle just missed beyond badly.......Caterpillar etc. are missing badly......you had better wake up....the world economy is sliding down badly......this is all a sham ....gl

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    Replies
    1. This only means these stocks will raise and rally to new highs just like AMZN did when they missed badly if these Companies would have posted a good profit they would have been punished making money now days is not a PC thing to do. So in this twilight world look for new 52 highs right around the corner.

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  17. I have no problem with anyone telling me that the paper prices in the market can be limited much longer than one can remain solvent betting against them.......but do not confuse this market with the underlying economy.....its tanking

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  18. No doubt about it...the world economy is in the toilet and I personally think "they're" losing control...the IMF made a serious, serious blunder and now everyone with money in a bank knows that there can be an extended bank holiday. My son recommended that I keep at least $100,000 under the mattress, lol. I posted about the Fr. lawyer "suicide" the other day but didn't know the Lagarde connection. Who's next? I hope those dopes in D.C. are worried but I'm thinking they have money offshore & in Switzerland as well as hideaways far, far away.

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    Replies
    1. Sister, I've got $2000 stashed away at my place. It's not a fortune, but it'll buy food for a couple weeks if the US banks ever decide to pull a Cyprus on us.

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    2. Shoebox with low denomination bills, and another shoebox of loose change. Both Cyprus bankster attack and the South Korea cyberattack proof of concept exercises have shown inconveniences in an electronic fiat world. A couple cases of bottled water, egg noodles, toilet paper and a rocket stove doesn't hurt.

      As for the markets, they can print daily new highs on the S&P even as cities burn, well at least as long as the net is up.

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    3. Sis,

      Why skimp? Hehehehehe

      To the above mentioned re: much ado about nothing, this was huge as they have proven the rule of law is meaninglessness to us pleebs and we are the next targets......

      If this Cyprus stunt can't be seen for what it is than nothing more can be said......

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  19. Yes, Jay and I keep my tank pretty much full of gasoline just in case as well. And don't forget the mini-bottles! Altho imho the IMF made a serious blunder, it has been ptd. out that the Cyriot banks were paying 4.5% on 1 yr. deposits and let's be honest, this in itself is a red flag. But I guess the Russian oligarchs didn't see it that way.

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  20. http://www.youtube.com/watch?v=JMf_KwQ2Xlk&feature=player_embedded

    Don't take my word......

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  21. Tom, don't get me wrong, I think this IS a huge deal for all the reasons discussed, however, what I mean is that, the markets and PMs are shrugging it off as if it's nothing.

    I would have expected a little more action, but it's not happening. I've also not heard of any news coming out of Spain, Italy, or Greece where people have been withdrawing cash like mad because they fear they might be next.

    So, that's why I wondered if this is the start of something big, and whether all this calm will give way to panic soon.

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    Replies
    1. It may budfox.......it may not...at least it may not "right away".....this is NO "bump in the road".....it is an unbelievably dangerous situation for the entire banking/monetary system AND it tells you JUST how bad of condition things are REALLY in. Look at ACTIONS not WORDS as "someone" once said.....these are incredible actions and how it plays out in the very short term may belie the damage to the longer term....it may be a week, a month or longer but this IS a big deal.

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    2. Bud,

      "what I mean is that, the markets and PMs are shrugging it off as if it's nothing."

      The Markets and PM trade is so rigged what could one expect? It's all choreographed a grand illusion for us all

      "I would have expected a little more action, but it's not happening. I've also not heard of any news coming out of Spain, Italy, or Greece where people have been withdrawing cash like mad because they fear they might be next."

      Ahhh, don't be so sure of this as well, do you really thing folks with substantial coin to loose are sitting back and waiting to see what happens? First one out the door win's! Do you really think TPTB are going to allow this type of information to get out unless as it is in Cyprus beyond their control....

      Seems that it is quite possible that a floor was set on gold and IF they decide to stomp it down, which I doubt at this point because if they do, they will have to cough up a bunch with all the folk's looking for a safe haven of their digital fiat...

      But on this we are in SOLID AGREEMENT

      "So, that's why I wondered if this is the start of something big, and whether all this calm will give way to panic soon."

      The only question that remains is WHEN the storm hits our shore.....

      btw:

      http://www.zerohedge.com/news/2013-03-20/us-restaurant-spending-pretty-ugly-february

      Booming Economy ehhhhh......

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  22. I think the economy is tanking in part becuase the Howell 3000 computers of various agencies are spitting out audit notices to EVERYONE..

    I bet just about every company has a battle with either Insurance, Workers comp or the IRS and maybe all 3.

    I think the organic spring realstate season is a bust in my area.

    I see new cars around but nothing that note worthy. Sales have been pulled forward so much just about anybody that wanted a new car could get one.

    From what I hear only have to projects get done buisness wise. Apple Stores are NOT being converted to LED lighting and the existing sotres look rather shabby.

    Very tough and competitive environment certainly no frills.

    Cyprus is not realy main street yet folks not getting it. I certianly do not undertand it as well as I would like. Seems like an attack on Russia which cannot be good.

    Good luck all

    Peace out.

    Back to the bunker.

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  23. I think Ben knows he's imploding the system and that's why his body language was so uncomfortable today.....he may know the Cyprus fiasco is a trigger event and the fuse is burning.....whether it is remains to be seen but its definitely part of a domino process set into motion

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  24. I can't believe the central planners did not "DO" Cyprus on purpose. They had to have thought this out.

    Maybe tis the blow back they did not expect or the fact Putin said we will hack you banking system so bad you will need a abacuss going forward...

    Very depressing. Too bad evolution evolved into survival of the most evil. And too bad GOD does not send bolts of lighting down on miscreants.




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    Replies
    1. I think its much more than meets the eye...syria, russia, cyprus and turkey all fragile with greece nearby..nato along with euro nation punishing russian banking deposits.. I dont like, it smells like you mentioned..

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  25. I wonder if the 10% Cyprus haircut was a deal the Russians should have taken. If the banks go under, will they get anything at all? I read somewhere that they might only get 20 cents on the dollar. It looks like Cyprus was giving them the ability to get out with 90%. (a bank run would have ruined that plan).

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  26. I guess it would be like Russia freezing the bank acounts in Sweden...But really I know nothing about Cyprus other than what I hear in MSM. If true Russians assets are siezed in Cyprus then...kinda like fighting actions.

    How would you retaliate? If you were Russia?

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    1. Russia uses the Cyprus Banking system as a money laundering bank for its oligarchs....over 250 billion/year moves through Cyprus back into Russia.....German Banks DO NOT want to bail out the Oligarchs and Putin knows the Euroclowns are over a barrel. He's pushing them here and wants to see them shit themselves......

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    2. See the link..Cyprus was originally brought into EU to keep it from going to Russia...now it could be opposite which will be slap in face for Eu

      Russia needs another Naval base and likes that NG...so I see Cyprus as gone....

      https://pbs.twimg.com/media/BF4csLTCYAAZcVu.png

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  27. Just a little more reading on the subject

    http://beforeitsnews.com/alternative/2013/03/ensuring-bad-outcomes-what-cyprus-tells-us-about-the-world-2597960.html

    http://endthelie.com/2013/03/17/the-controlled-demolition-of-cyprus/#axzz2OBDDA3Tp

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  28. grind up in Silver and Gold is important.....watch silver if it holds 29.25....very important technically and can trigger Algos

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  29. Qcor is finally hitting the shorts...

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  30. This will come back to ALL OF US

    http://blogdogcicle.blogspot.com/2013/03/kucinich-gitmo-black-mark-on-us-absurd.html

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  31. Feeling bad for the Cypriots? Do not ask for whom the bell tolls, it tolls for thee.

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  32. KLI: My GLD call options are up nicely. I'll hold for one more day and cash out before the weekend. Thanks for your comment yesterday.

    PS. Let's see those algo's kick in!

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  33. Perhaps I'm delusional, but maybe something good is happening with SVM.

    If you look at the chart, SVM has put in a higher low, and it looks like it is trying to put in a higher high.

    I think it is time for the algo computer systems of the world to unite with frantic buying. Remember, ex-dividend date is 3/26.

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  34. Wow, PPP today! I am hoping the miners have Finally decoupled from the market. Look at 'em bring it down at the close. Not to mention mux, ssri, etc. Not sure what happened to aumn.

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  35. its accelerating

    http://www.zerohedge.com/news/2013-03-21/swiss-vote-gold-repatriation

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  36. Saw this link on the ZH comments, worth reading re: Jim Sinclair meeting in NYC: http://www.silverdoctors.com/recap-of-jim-sinclairs-nyc-meeting-you-have-2-years-to-get-out-of-iras-silver-to-see-orgasmic-rally/

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