Wednesday, September 11, 2013

RIGHT UNDER YOUR NOSE

Hiding in plain sight and no one even sees it. The "media" doesn't even discuss it or if its brought up, it's dismissed as incidental. It demonstrates a complete breakdown of our democracy and just how impossible our situation really is. We have some discussion how the kleptocrats have imposed their technicians as the heads of governments in numerous countries including Greece, Italy, Spain, Portugal et al. After all what do you do when faced with economic collapse, you install a banker to run the bankrupt country. But what about the U.S.?? We have a horrific balance sheet. Of course we see Ben Bernanke calling the shots in a very obvious public spectacle as Congress pays homage to the Banker in Chief of America. We also know they are probing the Eurozone for the "bail in" which is only another plundering of the carrion of the survivors of the first killer wave. It has ZERO effect on the hundreds of Trillions in debt. 

What is being completely overlooked closer to home as "recovery" rhetoric continues..... is the loss of Congress' greatest power.....NO not war...that's been gone for many decades.....its the "Power of the Purse". Its one of the strongest checks the balance of power has, and its been GONE for six years. That's right.....so WHO is in control of your tax money and treasury debt that is accumulating in your name. Is it your elected representatives? The answer is obvious and it goes right back to just how far over the cliff we have gone. There is no return. There is no repair. There is only the abyss and before we go there our flesh will be picked clean. As we listen to the daily conditioning by the MSM telling us how important the kleptocrats are and just how lucky we are to have the Jamie Dimons and John Corzines in our "Free Market" system as the regulatory agencies stand back and allow the final feeding frenzy to play out in the bloody shark infested water. 

Daily rounds of Carl Icahns eating the Bill Ackmans will become increasingly commonplace as the cannibalism increases in this corkscrew landing. I can't help marveling at just how surreal the landscape has become with the Maria Bartiromos lauding the very parasites the sucked the wealth out of a lot of good people and their futures. These are people that weren't trying to "get rich". These were people that thought they could afford to retire at 65 and be able to afford health care and food. Now some cannot even afford the roof over their head much less health care. So if you believe in Santa Claus then you'll be OK, but if you don't then you may want to consider if we can't even offer a budget by our so-called constitutionally elected representatives, then WHAT are our chances of regaining control of our country.


There is a sufficiency in the world for man's need but not for man's greed.
Mahatma Gandhi 


















60 comments:

  1. 1320 OR 1280 is the target on gold. I think one of these will mark the higher low.....IF not then so be it....let um play....its still about owning physical and most likely if you don't own it by now then you never will......I'll also watch the miners the last rise in gold had the miners leading its move up on some red gold days but green miner days. Most miner charts are showing they are within a day of bottoming on the daily. so the next week will be interesting.

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  2. Yamada believes we may retest the low in gold and perhaps and intraday tail below before resuming the secular bull move.

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  3. watch CNBS for the "tell" on gold bottom .....IF you see several of their pundits going bearish on gold today and calling for much lower prices during the next two days then 1320 is the bottom. CNBS pundits were all bullish last week on gold at its top.......drawing in the weak longs for the chopping block

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  4. Yuck this move caught me off guard. Guess they're going to test the 50 average on most miners.

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    Replies
    1. They're good......they're very good

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    2. Glad I'm not still in my calls. Yikes

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  5. Today’s picture is disturbing, just glad the person didn’t have a cold!

    Anyway as you have pointed out the answers have always been RIGHT in front of our noses unfortunately no one bothers to look and if they do they are marginalized and or personally destroyed…….

    http://www.learntheconstitution.com/declaration-of-independence.html

    http://www.learntheconstitution.com/united-states-constitution.html

    http://www.learntheconstitution.com/bill-of-rights.html

    I missed the WW3 promo yesterday but I forwarded to my favorite local RINO, you know the one that wants to run for POTUS, that for some reason is hell bent getting the ball rolling on this…... Not that it's going to make a difference, probably just get me on a no fly list or something.


    Some beat down on the metals last night, with all this chit going on didn’t expect that. Hope your right on 1280 that would be sweet and Silver to 20 or less would be sweeter!

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    1. I don't see silver breaking 20 again.....sigh....but I can hope.....if it does I'll have the fiat I need in a couple of weeks for a real nice buy......I used all of my fiat at the last break of 20 and also bought the last two weeks with new fiat......

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    2. Unfortunately for me when Silver hit sub 20 pickings were slim got what I could but couldn't get what I wanted..... In better shape now 20 would be sweet, I hope that I'm not being penny wise and dollar foolish at 22......

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    3. just be patient and see how it handles next supports and if breakout does occur its still cheap in mid twenties...

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  6. http://stockcharts.com/h-sc/ui?s=SSRI&p=D&yr=0&mn=6&dy=0&id=p47306078752&a=242315566&listNum=1

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  7. http://news.goldseek.com/GoldSeek/1378994580.php

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  8. They have been crashing SVM. There is still a gap below. The dividend comes up the end of this month.

    I'm planning on buying soon.

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    1. yes and now a gap above.....hehehe.....they were never going to make the miner trade an easy trade for ANYONE....momo leveraged traders getting flushed here......hehehehehehheheheehehehe......run little sharks RUUUUUUUNNNNN

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    2. The price is sitting now right on the 200 day ema. Come on,...bust thru that baby & cover the gap.

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  9. EXK is a gift here... UGH. Why did I buy at 5 :)

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    Replies
    1. I'm sure there are some getting some shares at this level.....;-).....just not me

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  10. http://stockcharts.com/h-sc/ui?s=EXK&p=D&yr=0&mn=5&dy=0&id=p52715528193&a=243185930&listNum=1

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  11. Wow, Rambus and Toby Connor very very negative...Connor saying waterfall C wave all the way to 1030. Not sure whether Rambus is still holding his DUST position.

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    1. they do that and its over for them.......buy all the physical gold and/or silver you can at that level but I will bet you can't get it near that price......no deliverable gold now...think what they'll have at that level .....What's less than zero?? oh wait.....an IOU....hehehhehe

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    2. Silver @ 21.75.... premium for Silver Eagle @ Apmex 100 plus $3.50 each, Gainesville not much better......

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  12. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/12_This_Is_Why_The_Price_Of_Gold_%26_Silver_Was_Crushed_Today.html

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  13. http://stockcharts.com/h-sc/ui?s=PAAS&p=M&yr=14&mn=2&dy=0&id=p91944174483&a=250884028&listNum=1

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  14. Maybe when you get the chance you could post the enclosed video of Dirty Harry right under Senator McSenial to illustrate just how pathetic these idiots are that call themselves Statesman.....

    http://www.zerohedge.com/news/2013-09-12/harry-reid-proclaims-anarchists-have-taken-over

    "When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

    We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."

    No wonder why Harry is whining......

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  15. Add GS to the list, predicting $1050 or lower on improving economy...interesting timing wouldn't you say? FOMC on Tues., Wed...and Tom it looks like Despotism when at least 70% of the citizens are ag. Syrian bombing. Look at what we are promoting on the rebel side.

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  16. Market says further weakness in PMs as the 1320 then 1280 areas probed in gold.......haha....didn't expect anything less from the "market" to brush off newbie longs......and I can assure you the recent plunge is making the traders jump off this ship fast. That's the game and should not be surprising to you. The market is designed to separate you from your money and if you don't understand the fundamental reasons behind your investment then of course they will control you. More fun today in the PMs.

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    1. I also listened to Hank Paulson on a book promo talking with bloomberg about the crash and his involvement. Revisionist history is always a difficult thing to watch but I did catch some telling comments from him and by no means did he say this mess was fixed and even couched an ominous warning or two in his statements......gl to those that believe we muddle through and "eventually" grow back into a good economy and country with a restored constitution and suddenly the Pelosi's, Reids, Shumers, McCaines, etc. are suddenly repleaced by constitutionalist loyal to their countrymen. This process requires a Phoenix to occur and you all know what a Phoenix requires first.

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  17. Hedging with long term NUGT way OTM puts would maybe not be a bad idea after the next run up. Cheap insurance.

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  18. Certain S**tors looking absolutely Insane. But we know who their masters are. Buy "defense stocks"?

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    1. I think defining them as "insane" is an insult to those "clinicly insane" for they truly know not what they do.... These bastards are evil!!!!!!

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  19. Congrat's Kli,

    I have been watching your counter--happy 1,000,000 hits.

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  20. WTG Kli! Thanks again for keeping it going for us.

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  21. Congradulations! 1million eyeballs plus or minus a few, that should get you covered under the "New" definition of journalism...... hehehehe

    btw: hope the Pheniox doesn't glow in the dark!

    http://www.zerohedge.com/news/2013-09-13/tepco-official-admits-fukushima-out-control

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    1. This is the biggest manmade disaster of all time..it will have tendrils that will stretch around the world...how can a company like tepco still be in charge...they blantantly lied about the whole mess since the get go.....

      Japan and their pride can stick it up there ass...this is a world problem....yet it's brushed away like a 5 year olds crayon drawing...

      makes me sick...

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  22. thnx all for sticking it out ....hope we can keep the site open....so far no threats

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  23. No Thank You!!!! Between You, the folks round here and the posters at ZH is the only thing keeping me sane nowadays, speaking of which I don't know how you keep yours Honest with crap like this.....

    http://www.sacbee.com/2013/09/13/5732492/california-lawmakers-approve-measure.html

    They Client #9ed Spitzer for trying this......

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    Replies
    1. Unreal...I'm getting out of this insane state soon...

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    2. let me know when you find the "right place".......I looked at Burlington, Vermont last week and I liked what I saw.......VERY self sufficient and local businesses INdependent and smart yankees

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  24. can you say future fish bait for the Hudson

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/13_Morgan_Whistleblowers_Confess_Bank_Manipulates_Gold_%26_Silver.html

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  25. Might be nice country BUT its still the North East!!!!!!

    Folks from Mass ruined NH, just saying.....

    Moonbeams been busy this week!!!

    http://www.breitbart.com/Big-Government/2013/09/13/Gov-Brown-to-Sign-Bill-Legalizing-Non-Physician-Abortions-in-CA

    I thought the folks in Albany were NUTS......

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  26. top ten countries by viewers this week



    United States



    2417





    Canada



    77





    United Kingdom



    47





    Russia



    44





    France



    41





    Ukraine



    35





    Germany



    30





    China



    26





    Saudi Arabia



    21





    Vietnam



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  27. Wow! A worldwide audience. Honest, two young friends have left Ca., one to Idaho and one to Texas. On purpose, not a job transfer. Both lost jobs and are traders but just wanted out of that particular place of insanity. GL.

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  28. Double wow! gold/silver since 1:30 EDT.

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  29. Dare we hope the whistleblower story leads to something real for a change? Have a great week-end everyone.

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    1. NO nothing will happen from it. Nature will take care of the metal manipulation....the real problem is the economic collapse coming.

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  30. COMEX report bullish with net long on large specs and commercials increasing markedly

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  31. I listened to the Financial Sense Radio show.

    They continue to be very bullish for the overall markets. As for Gold, they feel it will trend lower & they mentioned GS price target of around 1050.

    One interesting item was their take on the Summers (vs) Yellen debate. They felt that Obama wants Summers, yet most leading economists & those in Congress want Yellen. Now, with Obama getting a black eye so far with Syria and the likelihood that Congress won't support the bombing, Obama may be forced to pick Yellen. After all, if Obama fails with his Syria policy, would he be willing to be possibly defeated again by picking Summers? Summers would need to be approved by Congress.

    A Yellen pick would be bullish for the markets & Gold. So, could Gold trend lower, but then spike should Yellen be picked. This is something to consider.

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  32. Obama will pick the individual his masters choose. Right now they appear to need a guy that can cut

    tear off your head and $%!T down your neck to handle the chore coming as the Supercycle enters into the gates of hell

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    1. "it appears" that Larry IS the choice and Yellen is out...My feelings is there is some severe choices ahead when the pin is pulled on the Bond bubble, and if you think 2008 was scary then wait until the loss of CONfidence this time plays out....and it will.....this is where Summers will come into play. It will take a real "hardass" to stay at the helm of this implosion....and I believe he is the choice for that reason

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    2. This comment has been removed by the author.

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    3. Summers is the guy, just a tool like the rest of um...... I'll bet he's good at cutting or more like losing, just ask Harvard if their endowment fund has made it back to even hehehehe...... He ain't no Volker!

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    4. Larry's out! QE cannot be stopped or it all falls apart!

      http://www.zerohedge.com/news/2013-09-15/summers-withdraws-fed-chairman-race

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    5. Guess he ain't the guy..... This is intresting!

      btw: How's DiBlasio sitting with ya? Heheeee from Nanny to possibly a screaming Lib! NYC is Nut's

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    6. NYC is a moderate place.... Lhota will probably win! DiBlasio is to Liberal, even for NYC!

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  33. Scroll ahead on the Keiser Report vid above to watch Jim Rickards interview......EXCELLENT

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  34. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/14_More_Fallout_-_Crushing_JPM_Gold_%26_Silver_Whistleblower_News.html

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  35. On Alex Jones' Infowars site, there is a Lew Rockwell video which is good. Alex can be intense at times, but Lew remains calm and informative throughout the clip.

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  36. Summers withdraws...wonder what they didn't want dragged through the confirmation process.

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    Replies
    1. I'm sure the list was long. new post later tonite

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