Tuesday, April 2, 2013

THE FINAL LOOTING OF POMPEI

Yesterday April 1...but where...not at your local  Apple store.
The game is nearing its final phase  and evil is afoot. The Cypriot fuse is lit and your rules of the game have been given. To ignore the rules of the game is to admit your ignorance and expose yourself to the beast. Their weapons against you are fear and ignorance. Greed was your lure into darkness now become aware or become carrion. You may become a casualty, but nature one way or another will have her justice with evil. NO power overcomes nature.
How about here? do you know where....it was yesterday too


I hope all of you enjoyed today's demonstration of your paper masters. They've owned you for many centuries as they've developed their power.If you believe the best way to protect you and your family is to buy paper assets then of course you must do what you feel is best. I have paper assets in miners that my main concern is not whether they give me a tremendous return, but whether ANY paper asset has any value in the coming reckoning. Of course some may think this game will have a more mundane conclusion than some of the doomsayers have predicted. No one knows the answer, but if you think this supercycle ends wth a whimper then my hope is with your scenario, its not what I am seeing.  


Stock market general equities are up but precious metals were punished. Truthfully this is really not your concern. Your freedom, your dignity, your health, your humanity is being traded now. Most of you feel it, but you feel helpless. Don't.....You have more power than you believe. You have your awareness and you have a voice. gl





95 comments:

  1. Re: SocGen...if I had any money there, I'd move it, lol.

    ReplyDelete
  2. my coin store had 2 monster box of silver eagles..


    I pick them up.yahoo

    I do not need more silver or gold.

    what I do have is a large cash holding in the banks.......I am running as fast as I can to get it out...

    paladin


    ReplyDelete
  3. In your opinion, does this destruction have anything to do with the Japanese meetings today & tomorrow? The expectation is massive printing.

    ReplyDelete
  4. Something is really starting to stink. Look at the rally in stocks record highs. Many stocks sold off today transports,energy, Real-estate all down Okay then Why is the Euro not running with this rally in stocks the Euro Back under 128.00
    Gold and silver getting hammered. I think the next shoe is falling and the big boys know it, they are dumping. But what is the news going to be? That's the big question. It's here and it's big! But what is it? The feds are trying to crush the metals knowing that when this news breaks the gold price will rise. Probably right back to around 1615. Yeah something is not right I can feel it. GL
    Matt

    ReplyDelete
  5. Couldn't agree more Matt D...this is just the latest of the extra-normal. And watch the yen plummet if Japan announces a bigger QE of her own. Looking for a logical (ha!) explanation.

    ReplyDelete
  6. Don't think for one second they can't tank this whole enchilada right out from beneath us.....abracadabra.......poof

    ReplyDelete
  7. Yes, Here's Stockman again: http://www.zerohedge.com/news/2013-04-02/stockman-bernankes-actions-ultimate-consequence-will-be-train-wreck Very articulate and right on. Explains exactly why Repubs are no better than Dems and vice versa.

    ReplyDelete
  8. Also, fwiw, ITMS saying pullback of 10% any day now with gold going to at least 1550. Hmm. We're almost there so this is not really news.

    ReplyDelete
  9. France is going to tax soccer players 75% that make over 1.3 million. geez, seems kind of extreme.

    ReplyDelete
    Replies
    1. nahhhh......wait until they get around to us

      Delete
  10. http://libertyblitzkrieg.com/2013/04/02/in-his-own-words-why-chris-hedges-resigned-from-a-human-rights-organization/

    ReplyDelete
  11. "Your freedom, your dignity, your health, your humanity is being traded now. Most of you feel it, but you feel helpless."

    Truer words have never been spoken.....

    Living in NY, I see it daily, not that I needed the following to verify but.....

    http://www.zerohedge.com/news/2013-04-02/north-dakota-new-york-freedom-50-states


    "Don't.....You have more power than you believe. You have your awareness and you have a voice."

    Maybe at some point you could expand on this because at least from my vantage point any time I use my voice I run into the typical conditioned responses be it family, friends, Local and State Pol's..... Like the Three Wise Monkey's but more so "Unwise" and turning a blinds eye to the obvious.

    ReplyDelete
    Replies
    1. you tell your friends to read ZH...you send them youtube links ....you chat with the police and the starbucks girls.....you tell them our politicians are owned.....tell them to own real money.......you have a voice

      Delete
    2. That's won't what I do to anyone willing to listen.... As you know even when you make the most compelling argument based in fact or send them to where they can do their own DD for varification THEY EITHER DONT WANT TO HEAR IT or DONT WANT TO BELIEVE IT...... Most think I'm one of those tin foil hat guys....... Very Frustrating!

      However I wont talk to the Starbucks girls, worst, overpriced coffee ever anywhere...

      Delete
    3. Won't don't belong in the first sentence.... Stupid Phone!!!

      Delete
    4. I've been preaching for years to a bunch of buddies about what's going on and the reasons to buy gold and to be prepared. It has falled on deaf ears until now when one of the guys this morning asked me if I had seen the Stockman article in the Times.

      Interesting the influence of the MSM but we already knew that. What it does is give me some credibility so perhaps they'll listen more closely to what I'm saying and take the necessary precautions.

      Probably not.

      Delete
  12. I found this interesting about Wal-Mart today.

    http://www.nakedcapitalism.com/2013/04/walmart-continues-to-deny-it-has-a-staffingstocking-problem-after-e-mail-deluge-to-bloomberg.html

    ReplyDelete
    Replies
    1. TOO BIG to function and the JIT delivery is beginning to take its toll with their "consignment" of goods before delayed payment sometimes OVER one year......WTF wants to be a vendor to Wally world??? Unless you have a suicide wish

      Delete
    2. Sounds a lot like what Homedepot used to do with its vendors..... Criminal and that behavior put a lot of um out of business....

      Delete
    3. This comment has been removed by the author.

      Delete
    4. I was in there last night and all their employees were old and limping around. They had to cashiers open with long lines. Trying to force people to use the automatic checkout. They were out of the cheap ear buds that I buy.

      Delete
  13. This comment has been removed by the author.

    ReplyDelete
  14. Luca Brotzi anyone.......

    http://www.zerohedge.com/news/2013-04-03/italy-goes-cyprus-sicilian-mafia-seizes-record-17-billion-cash-and-assets

    ReplyDelete
  15. Also see fraud in Spain as royalty is being called to testify for the first time ever. All of this corruption runs deep and everywhere.

    ReplyDelete
  16. Don't know what to make of the crush in oil price. Can be good for our economy or signal of falling world economies.

    ReplyDelete
  17. Walmart has been heavily advertising their grocery store up here. They claim the will beat or match any food item price from any competing store. We shop somewhere else though. I wonder when Americans will realize that always seeking the lowest price, will only come back to bite them someday.

    From "Trader Dan's" site, his post from 4/1 "Silver Breaks Down", there is a commentator there named "Father Time". He seems to have some technical skills. He writes that silver could go to $19.50. So, maybe lots more pain to come.

    ReplyDelete
    Replies
    1. Heheeeee........

      Cheap food from China and GMO foods, yeah it will come back to haunt them in more ways than one!

      Delete
    2. I guess that 19.50 would signal one helluva bullion fire sale......bet its one hard bounce off of that level...better get your fiat ready

      Delete
    3. 19.50 ain't pain in my book that's a great reason to go monster shopping! but my GPL will be worth chit!

      Delete
    4. your GPL is worth chit now......hehehehe........sorry

      Delete
    5. What r u sorry bout!

      I'm the one that screwed up the alphabet shuffle.... GPL'ed instead of PPP'ing..... hehehehehe

      Win some Lose some...... WTF

      Delete
    6. dont lose until you sell.......

      Delete
  18. I will maintain that digital banking will destroy fiat and will be THE driving force on gold and silver as a store of wealth

    http://www.zerohedge.com/news/2013-04-03/dutch-ing-bank-suffers-technical-glitch-clients-report-negative-balances

    ReplyDelete
  19. The PTB will not let this moment go by so why not drive silver down to 21...

    P&F chart points right to it...and they have been the most accurate of charts over last 4 years...

    Take care all, work is just too busy...

    ReplyDelete
    Replies
    1. thanks chuck...I'll take a monster box of ASE at 22

      Delete
  20. Gold just dive bombed in the last 30 minutes. Lots of stop orders getting filled:


    Gold
    1,559.10
    -16.80
    -1.07%

    KLI: What are the next resistance levels. I'm armed and loaded with cash.

    ReplyDelete
    Replies
    1. Jay I would be looking around the 1520 level and THEN hoping they take it below 1500......but....as usual WTF knows.....

      Silver at this level is a definite buy....but I am fairly loaded on silver bullion but if they push it near 22 then I'll add some heavy junk or a monster box of ASE or buffaloes.

      Delete
  21. Me, too :). Another hmmm: http://thehill.com/video/house/291579-rep-king-us-could-make-preemptive-strike-on-north-korea We know how important Erin Burnett is... (Still cannot post under the "reply" button, ergo the new comment each time).

    ReplyDelete
  22. Another bad day for the mining sector:

    Golden Minerals Company (AUMN)
    2.22 Down 0.08(3.48%) 1:03PM EDT - Nasdaq Real Time Price

    Hecla Mining Co. (HL)
    3.58 Down 0.16(4.28%) 1:04PM EDT - Nasdaq Real Time Price

    Richmont Mines Inc. (RIC)
    2.35 Down 0.16(6.55%) 1:02PM EDT - Nasdaq Real Time Price

    Slaughter of the day award:

    Silver Standard Resources Inc. (SSRI)
    8.97 Down 0.76(7.81%) 1:05PM EDT - Nasdaq Real Time Price

    ReplyDelete
    Replies
    1. Thanks Jay........

      I don't check in some days to just to keep my spirits up!

      Hehehehe

      Delete
    2. I do not look at my accounts during these takedowns.......I'm not moving anything so foch um

      Delete
    3. Sorry Tom, KLI. I'll only post on up days :)

      Delete
  23. 1525 has been the resistance level that has been holding for over a year. 26.50 on silver. We shall see how low they take them! Looks like its time to add a little more phyzz! The miners looks like they have been taken out behind the shed and beaten into absolute gush! GL my friends!

    ReplyDelete
  24. from a ZH comment
    It's funny how nothing really follows the rules isn't it?



    7 years to get your gold back IS A DEFUALT. Yet you wouldn't know there had been a gold default based on the market pricing or the actions of other participants.



    The same thing happened when Greece defaulted. The people that wrote the CDS on Greek bonds simply shrugged and said the default wasnt a default. This caused the entire CDS and sovereign debt markets to implode instantly. Oh wait, no it didn't...

    Now Cyprus tries to rob it's insured depositors and eventually backs off to settle on a bail-in which is most assuredly a one-off event except that many nations were independantly drafting law changes to do the same thing to their citizens. This will have no effect on the ability of banks to raise money from depositors...

    ReplyDelete
  25. FWIW Droke had issued a buy on miners and XAU with stops after it closed over the 15dma two days he also set the stops.......after the last two days I'm sure ALL of the stops are ran so that is "lost" money

    ReplyDelete
  26. http://www.zerohedge.com/contributed/2013-04-03/what-societal-collapse-looks

    ReplyDelete
    Replies
    1. KLI: 3rd world styled corruption is seeping in to 1st world western countries.

      I'm starting to wonder if mandatory lie detector tests for all government officials is a good idea.

      Delete
    2. Nahhhhhh....sociopaths can pass those without breaking a sweat

      Delete
    3. Jay,

      "3rd world styled corruption is seeping in to 1st world western countries"

      Ahhhhh, You must mean NY but hey gotta look at the bright side at least is Bi-Partisan!!!

      http://www.nydailynews.com/news/politics/gonzalez-smith-alleged-bribery-scheme-dumbest-crooked-plans-history-article-1.1306180

      It's no wonder why we are last in any freaking State poll that deals with quality of life BUT we did make Numero Uno for the Most Taxed.....

      Delete
  27. 10-year at 1.81!!! It was 2.05 not long ago.

    This Cyprus event has helped push money into all the right places...what a coincidence lol

    ReplyDelete
  28. They're pushing some fear right now but want to paint gold red.....remember when I said we were bottoming but expect a lot of volatility to keep off as many leaves as possible.....well let me ask you this question....do you feel sick in the pit of your stomach in this trade? If so then rest assured they are accomplishing their goal

    ReplyDelete
  29. I recommend reading closely

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/3_Richard_Russell__I_Havent_Seen_Anything_Like_This_In_60_Years.html

    ReplyDelete
  30. Replies
    1. but the day goes to the shorrrrrrrrts

      Delete
  31. http://www.brotherjohnf.com/archives/150545

    ReplyDelete
  32. Booom

    http://www.zerohedge.com/news/2013-04-03/north-korea-says-it-has-final-approval-nuclear-attack-us

    ReplyDelete
    Replies
    1. Yeah this has been coming to a boil for the past few weeks let's hope it goes the way of Kim Sr. bluffing and Jr gets a check.....

      Delete
    2. Chinese are teaching us some lessons.......If we want to play global police with the Middle East then their proxy can stretch us on THEIR Terms.....NK is NOT Libya.....they can bite.......In case you haven't noticed we seem awfully quiet without our usual bluster.......lotta soldiers in that region at risk....

      Delete
    3. Have not missed that point at all which is why I'm a tad nervous plus moving all these assets there way is not a good sign and as you pointed out the Chinese will not be to fond of us playing in their back yard......

      Delete
  33. After reading the following the Chinese just might be taking us to School....

    http://www.zerohedge.com/news/2013-04-03/guest-post-will-globalists-use-north-korea-trigger-catastrophe

    Seems like your right and it could be the turning point for the dollar as the reserve currency......

    ReplyDelete
  34. That's what my post about Erin Burnett was...N. Korea being taken seriously, but no fear trade for gold...

    ReplyDelete
  35. I'm glad I managed to stay out of the miner trade. A couple of weeks ago, I posted that I wanted to get back in, did some DD, identified a few names, and then this week happened. I really thought we were bottoming out in March, but this is a bottomless pit, and trade is going one way, down. I'd rather hold cash and maybe some bullion if that beatdown continues.

    Nothing makes sense anymore. PMs, especially gold, should be trading much higher.

    As for North Korea, seems like another silly diversion to me, to keep the sheeple occupied and distracted from our real problems.

    ReplyDelete
    Replies
    1. can't argue the miner trade decision but the lack of buying bullion here is NOT a conservative play if you don't own any.

      Delete
    2. could be a diversion from Korea but China would like nothing better than to watch us get into a limited shooting war with them and show the rest of asia and africa just out of control we are....it would galvanize their support and end our dollar reign

      Delete
  36. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/3_Former_US_Treasury_Official_-_Fed_Desperate_To_Save_System.html

    ReplyDelete
  37. This is getting a bit ridiculous, down another $10 with Korea escalating its rhetoric.

    ReplyDelete
  38. I seems to most are laughing off the NK threat. But still as I said last night something doesn't feel right. Maybe it's going to be the Japanese BOJ announcement tonight. But this NK thing is strange. Feels a lot like what I have read on before Peal harbor. Lets look at what has happened so far. Things really started going down hill with Susan Rice at the UN calling for tough new Sanctions on NK then NK left the Armistices day treaty.Not done before as far I as can find. Then The South Korean pulled a few things the North didn't like. And then NK launched two Satellites in to space. (how come they can do that but their rockets blow up on take off or shortly after)? Now what do you think those Satellites do? GPS guide missile possibly? Then the US started sending ships and war things over there. Then China started putting troops on the boarded. And Today they Stop workers at the NK, SK factory at the boarder (guess that's a big deal). Okay So where are China's call for less rhetoric. They always keep this Country Stable and they are oddly silent.
    And now late Today NK basically declared war on the US? All this is very strange on the back of what looks like massive flows out from Stocks, Grains, Metals, oil and energy. Are the big boys running to cash? So what would happen (if) the NK would strike or us strike them to the markets. would we see a big run out of these that were sold today. I think so. But I'm not saying that the NK has the guts to go to war unless China is pushing them. Oh someone is pushing them toward it.
    Matt

    ReplyDelete
    Replies
    1. one thing is certain.....whatever happens is NOT by accident or a "miscalculation"

      Delete
    2. Picked up some Potassium Iodide this morning. Doubt I'll ever need it but for a few dollars, it pays to be on the safe side. Long shelf life too.

      Delete
    3. Good Idea. I need to check mine see if the date is still good. I was reading a news story on the babies on the west coast having trouble with their thyroid. From Japan Rads.

      Delete
    4. I read that as well. Understanding we won't get the truth from the government, we are on our own to protect ourselves. When the Fukushima disaster happened, it was difficult to get Potassium Iodide and even if you could, the prices were much higher. If disaster strikes, I don't want to be without the pills and regret that I didn't own any. For $20-$30, it should be a no brainer.

      Best deal I found was at GNC. Bottle of 60 tabs, 130 Mg, on sale for $12.97 and a little less for their club members.

      Delete
  39. http://news.goldseek.com/GoldenJackass/1364846400.php

    O Chit.....

    ReplyDelete
  40. Oh, my. Gold down, miners green.

    ReplyDelete
    Replies
    1. What! No way!? Impossible! Ha Ha. So if gold it's 250.00 again the miners will be at record highs right?

      Delete
    2. when they do take this up NO ONE will believe its for real...thats just the way it will be

      Delete
  41. Hmmm. Is there a premium kicking in? CEF now green, pslv & phys down only slightly.

    ReplyDelete
  42. A reply to pension concerns...you may not like it

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/4_Former_US_Treasury_Official_-_The_Fed_Is_Facing_A_Wipeout.html

    ReplyDelete
  43. Japan's announcement is tantamount to dropping a hydrogen bomb in the middle of a currency war....of course "paper gold" has to be printed red today....hehehehe......sorry gang but the irony of this cannot be concealed ......absolute insanity....it tells you that things have completely fallen over a cliff in most of these economies and even the "fake" stats are having a hard time hiding it

    ReplyDelete
  44. I wonder if the Japanese are buying gold bullion......hehehhe.....

    ReplyDelete
  45. Well, my numbers are in from my accountant. I was speaking a whole octave higher for awhile, but I'm settling down now.
    It is what it is, and I feel I'm doing the right thing. Guess we will find out in time.

    ReplyDelete
  46. Hey Kli & Doc,

    Anything to this new bird flu I am hearing about on the news?

    ReplyDelete
  47. 10-Year is 1.76! Scared money flowing into treasuries instead of PMs for the 'fat' yields lol. These guys are good, really good. Some day in the future, after the collapse, historians will look back on this period in awe. It's a time when the laws of physics ceased to exist...when up was down, left was right, when 2 + 2 did not equal 4.

    ReplyDelete
  48. KLI:

    Why is gold flat: Gold
    1,555.00
    1.50
    +0.10%

    right after the Bank of Japan announces the mother of all cash printings:

    http://www.reuters.com/article/2013/04/04/us-japan-economy-boj-idUSBRE93216U20130404

    This just doesn't make any sense. I don't understand this casino.

    ReplyDelete
    Replies
    1. simple......for the same reason gold is down since Bernanke announced QE to infinity......the have to keep gold down to allow the ponzi to continue....they'll lose....but its just a matter of how long you can remain solvent until they do

      Delete
  49. I'll take a stab at it Jay...they are losing CONrol and therefore CONfidence is being lost as Kli likes to say. Their last resort is to create derivatives to bring the paper prices down when anyone paying attention knows for sure that the physical is not there -- i.e., ABR AMRO last week defaulted on its physical deliveries. Cyprus, Japan and on & on exposes their inability to contain the coming collapse and hold up the dollar as the world reserve currency. Kinda like Cramer recommended NFLX.

    ReplyDelete
    Replies
    1. Sister: You are starting to sound like KLI.

      heh.

      Delete
  50. Ryan,

    Other than what is on the news/internet, I don't have any other information regarding the new bird flu. Sometimes I get e-mail alerts about new medical issues, but nothing on this so far.

    ReplyDelete
  51. The trouble is if they can "weaponize" it ie...aerosolized transmission from human to human then its truly catastrophic...if my memory serves me there was an article two days ago that found 5 patients with NO exposure to birds that seemed to indicate it was human to human...there are other factors involved but I will have to see more data

    ReplyDelete
  52. Jay......joe wants you to know gold is going UP in terms of Yen.....pay attention to what gold is doing in other currencies....Gold is setting all time highs in Yen

    ReplyDelete
    Replies
    1. Guess I know where those savers holding Yen are going to place them and it ain't bitcoin.

      Delete
  53. YCS +7% today, I told myself to buy some...but didn't.

    ReplyDelete