Sunday, November 8, 2015

MASTERS AND SLAVES

Major paradigm change ahead? Maybe, but I doubt it. Is that Nature's Law? Hmmm, no. Sorry, wish it were, but Nature's Law guarantees no such change for us. It does in fact guarantee a change, but the basic law of Nature is not equality in a species with a major change in the current imbalances. There are laws of Nature such as genetics that will interfere with "equality". There are many laws of Nature in Science and Mathematics that cannot be changed fundamentally. We will obey these laws regardless of the wishes of democracies and Central Banks. 

Central Banks would like you to believe that Keynesian money printing and various derivatives of that printing can overcome the very debt these programs have created that is now mathematically insurmountable.  Central Banks would like all of us to believe that a perpetual debt machine can continue to function regardless of how large it becomes. That "we the people" can be CONtrolled to believe this proposition through a complex system of media CONtrol, Government CONtrols/mandates, and of course Corporate CONtrols. We are to believe that we can be "managed"..."massaged".....and "manipulated" to follow in perpetuity. For many of us caught in this matrix, it actually at times seems this is possible for unending CONtrol.

What is guaranteed in nature are simple laws must be obeyed. One law is for every action there will be an opposite and equal reaction.

So are they Omnipotent? Can they continue a Ponzi in perpetuity? They have to keep every major World Power in it and working together. Then what happened in August? China devalues the yuan and all hell breaks loose. That doesn't sound like CONtrol...... at least not absolute CONtrol. If they had CONtrol then China would have coordinated their Yuan move. That was a very small move on China's part but most importantly it was a message to those that closely follow these events that a major Central bank had stepped outside of the Ponzi and that implied a major break in the illusion of opmipotence. Then four major explosions followed in Chinese chemical plants. China then stabilizes their currency and their markets stabilize. Out of chaos comes order. Or did it? Perhaps it was a beta test. Or maybe it was a clear signal how quickly the entire, complex house of cards can collapse. Maybe not tomorrow, but like all Ponzis a day of reckoning will come. Extend and pretend is not a plan.....its only a spring being coiled.....and their will be an opposite and equal reaction. What kind of order comes out of this remains to be seen but without a doubt their will still be haves and have nots. You decide what and how you wish to make your own preparations based upon your own study and research. I'm an optimist when I say precious metals may give you an advantage over those relying upon the paper ponzi to carry them through.


Included below are five questions and answers from today’s Q&A with Bill Fleckenstein.  The questions are from his subscribers and they get to read Fleckenstein’s answers every day.
Bonus Q&A
Question: If you could only make 1 trade to support your position on the Fed and its impact on the market over the next year what would it be?

Answer from Fleck:  Long gold.“ 
KWN


I have many friends that are feeling increasingly uncomfortable with the current state of affairs. Those that are in the best position for any coming hardships are those with the least "needs". They've simplified their lives and have kept themselves prepared physically and mentally for potential hardships that may lie ahead. They seem the most happy. Hope all of you have used these last 6 years wisely. gl







84 comments:

  1. I wonder what happened to "dummy" Paladdin, one of Kli's loyal disciples? That old fool was going to show his "wrath" to Old Hickory, but then disappeared. His wrath should have been directed at Kliguy. After all, thinking that a collapse was imminent and the metals were about to soar, he took Kli's advice around 2012 and liquidated his retirement accounts. After paying the huge penalties, he then used the proceeds to buy several monster boxes with silver at $38.

    The rest is history. Silver promptly tanked to the teens, wiping out 2/3 of his initial investment. The stock markets have soared to new highs. Someone in Paladdin's demographic could not have afforded such a terrible mistake, losing huge sums while also missing out on the opportunity cost of a bull market, a cost he will never get back. But that's what you get when you come to a semi-anonymous internet blog and take the advice of a lunatic doomer. He is another sheep who was led to slaughter by Kliguy and his monumentally stupid advice.

    Let this be a lesson to the few sane remaining readers of this blog. Stay in the system and you will prosper.

    ReplyDelete
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    1. yup......stay in the system and prosper......just like you.......hehehehehehehe...tell it to the 95 million that have stopped looking for work....tell it to the 40 million on food stamps....tell it to the college degree baristas at Starbucks.........your masters are getting cheated if this is what they are paying you for.............

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    2. Only a brain dead idiot like you would assume someone would put money they need short term in an investment like gold or silver. Metals like silver/gold are long term insurance and not for short term trading as you seem to imply and insures you against the inflation (and it will come) from central banks flooding the market with fiat currency that allows countries to flood the world with debt that will never be repaid.

      These metals are a store of value and have been for thousands of years and will continue to be a store of value. Take your fiat dollars and buy a clue brain dead putz. Hehehehe It is all good

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  2. 40 million on food stamps? What percentage of those people do you think are truly in need vs lazy bums who are members of your FSA? Getting out of their Escalades to shop at their favorite supermarket using their EBT card? Illegals and other turd world refuge scum who have been on the government rolls since the day they set foot here? Fuk 'em all.

    And those Starbucks baristas with worthless college degrees in journalism and women's studies with $100k in student debt? Who put a gun to their head to participate in that college scam? Fuk them too.

    I got zero sympathy for these people, especially the younger generation. Have you been following the situation in Missouri and Yale this weekend? We have a group of permanently offended, thin skinned, entitled brats who are protesting and asking for removal of officials and administrators because their feeeeelings are hurt. And guess what, they'll probably get their way because in this insanely PC country, pandering and apologizing to these social justice warrior vermin is the way things are done now. No one has a freaking backbone.

    That's why I don't give a chit anymore, but they'll keep the system going for quite a while. And I'll take advantage and stay in it. There will come a time that I will unplug from the matrix, but not yet. My disagreement with you is that you have a one track mind and no room for anything else. If the system goes down as you so eagerly root for and anticipate, all your physical gold won't save you. Guns, ammo, food, and booze will. But you keep preaching your thesis, "Buy MOAR gold".

    Hehehehe......hehehehehe.....

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    1. Your insight is legend perhaps even matching your level of empathy. Now get back to your regularly scheduled programming and doomer blogs

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    2. http://www.collapse.news/2015-11-06-5-million-people-vacate-california-in-less-than-a-decade-with-many-heading-to-texas.html

      We are reaping what our "leaders" (insiders) and central bank types have sown. The Tequila Trap

      http://www.webofdebt.com/excerpts/chapter-22.php

      California is a socialist paradise where only the ultra wealthy or poor can make it, where if you make 100k a year you are considered "rich" and the middle class are being eaten alive. But California does lead the nation in a lot of areas, so making it a place where only the ultra wealthy and poor can make it makes sense since that seems to be where the country is going as a whole, the wealth gap and percentage of ownership of the top .01% is astounding, elitism knows no bounds, these billionaires should put there money where there mouth is and open up their mansions to the public.

      -OH

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    3. Well Now!!!!!!!!!! There's the ole Skippy I knew and love!!!! Wazz the matter....... I guess you don't like central planning after all hahahahaha Do you actually think the garbage going on in Missouri along with the rest of this PC chit happening in our Country ain't in the plan? hehehehehehe

      You need to look up from all these doomer blogs once in a while and see what's really going on around you ;)

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    4. and rumor has it OH those transplanted Californians are screwing up Texas!!!!!

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    5. Hi Tom,

      I hear Coloradans hate Texans and Californians, I hear Oregonians hate Californians. I hear New Yorkers hate everybody hehe. Why the first two? Because they take their big house money and buy houses and drive up the cost of living for the natives, even though they are ALL Americans. Does that make any sense? Never mind Fed policies. We are all in this together hehe. Welcome to the club I say hehe.

      -OH

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    6. NY'ers hating? Hehehehe that was so 70's You know when NY'ers had sum spine & brass now I'm surrounded by spinless, compliant, wusses.... Give me back the good ole days when men were men and woman were really woman hehehehe and you could say anything and everything and folks would just flip you the bird if they didn't like your oratory!!!!

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  3. Here is a Paul Krugman title on ZH you can go read it but I thought the "clueless title" is why a troll like buttfox will never "get it" .... Krugman Doesn't Understand Why "Darkness Is Spreading Over Part Of Our Society"

    A commenter summed it up perfectly for Paul's dilemma ......

    new Pool Shark
    Pool Shark's picture
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    Hey Paul, here's what you're looking for:



    1) Debauch the currency with Keynesian Policies

    2) Destroy People's Propensity to save, and mock the Concept of Delayed Gratification

    3) Heavily Tax Productive Citizens

    4) Subsidize Lazy, Shiftless Citizens

    5) Destroy the Culture though Mass Illegal Immigration

    6) Prosecute Average Citizens for Minor Crimes

    7) Allow Wealthy, Well-Connected Theives to Escape Punishment



    Any Questions?...

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    1. So go ahead and "Prosper" Buttfox........Your future indeed is "insured"........hehehehehehe

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    2. Absolutely Kli, social engineering at it's finest. Like Rowdy Rodney Piper says in They Live,
      "It figures it would be something like this" hehehe.

      -OH

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    3. We're there .....its on like donkey kong

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    4. Speaking of Krugman......

      https://www.youtube.com/watch?v=SeFLAWA3p_s&feature=youtu.be

      Delete
  4. Here's another genius like butt that wants you to "stay in the system and prosper"......hehehehhehehe....."buy quality stocks and HOLD Jay like Intel and IBM....hehehehheehee

    http://www.zerohedge.com/news/2015-11-09/ibm-tumbles-new-5-year-lows-after-buffett-admits-huge-loss

    ReplyDelete
  5. My new Battle Cry.....compliments of Buttfox.....(thank you butt)

    STAY IN THE SYSTEM AND PROSPER!!!!!!!

    ReplyDelete
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    1. SIT SAP!

      Another way of saying 'stay put you idiot."

      I like it.

      Delete
  6. Mish says:

    "Fed policy benefits the banks, the government taxing bodies, and the already wealthy with first access to money. Will this eventually lead to a war between the have and have-nots?

    Actually, an economic war is already underway. How violent the war gets remains to be seen."

    Do sheer numbers favor the "have nots" (That 95 million that are no longer part of the work force) over the "haves"?

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    1. Maybe this will clarify Krug's and butts world better

      HungryPorkChop
      HungryPorkChop's picture
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      These economists making policy really don't get it do they? Darkness is spreading through middlce class society because they've brought in a New Dark Age with their giveaway policies to the Super Rich and Well Connected!! Can't they understand that?

      When 80 people hold more wealth than 3,600,000,000 people that's a f'ng statistic right out of the Dark Ages. Welcome to the Hell Hole of 6 A.D. where you had Lords and Masters that were able to rape and pillage with no recourse. Now let's discuss LIBOR, Rigging of the Gold Markets, RoboSigning, MF Global, Fannie Mae, illegal spying, QE Giveaways to the Banks, Synthetic Derivatives and the list goes on and on while No One ever goes to jail. This is the same as those Lords and Masters that raped and pillaged back 1500 years ago. from ZH poster

      Delete
  7. Didn't you predict this some 7-8 years ago?: https://finance.yahoo.com/news/lew--myra-the--stepping-stone--to-savings-121319419.html
    No fees or risk, but do they mention no interest either, hehehehe. One way to get at least a few trillion interest-free. More screwovers by the political/banking class.
    Also made note of the play Hamilton praising him and his creation of the monetary/fiscal system over Jefferson's producing ideas. They are managing an assault on us everywhere and all the time.

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    1. Yes sista its been in the works for several years and will be implemented eventually and poor buttfox will find his Million Dollars will be bailing out the Govi debt.......hehehehhehehe.......he'll cry along with the millions of IRAs, SEPs, etc that thought they "owned" their paper........hehehhehehehe......oh butt oh butt.........you will be sooooo happy you STAYED IN THE SYSTEM AND PROSPERED>>>>

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  8. Wasn't the market near all time highs.........wunder how this previously loved sector is doin'??

    http://stockcharts.com/h-sc/ui?s=IBB&p=D&yr=1&mn=0&dy=0&id=p42708168570&a=431163971&listNum=1

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  9. We may be saved.... Gartman on CNBS now declaring Gold in dollar terms is going to get worse...........finally its over........BWAAAAAAAAAAAAAAAA

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    1. Only b/c the dollar is going parabolic...

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  10. for all of you that wanna "STAY IN THE SYSTEM AND PROSPER" as skippy likes to say now... I want to give you that are taxpayers a sample of what the "system" is giving to its "statist" workers at the expense of our future. These are MSM figures


    On the federal level, it was just reported by USA Today that the average federal civil servant compensation is $123,049 per year.

    That’s more than double what private sector workers earn
    (average of $61,051). Since 2000, federal government employee
    compensation has grown by 36.9% versus 8.8% for private sector
    employees.

    In Las Vegas (Clark County) the average firefighter earns $199,678 per year.

    When he retires at age 45 or 50, we owe his pension based
    on that obscene salary. But here’s the clincher --when he finally dies,
    the taxpayer has to continue paying the pension to his spouse. Add up
    the damage to the economy. It is catastrophic. Talk about a 1 per center
    -- a single firefighter could retire with $8 to $10 million for not
    working for the rest of his life.

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    1. I wunder why skippy "loves" the "system"?? now we know

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    2. Also, half of Americans in the private sector make $30,000/yr. or less.

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    3. And good luck bringing about a recovery with wages like that and no interest on savings. People will hoard what money they do have.

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  11. >>Trump is personal friend of Benyamin Netanyahoo. He is another cruel hoax.

    https://www.youtube.com/watch?v=Cm7vs-pBZoc

    -OH

    ReplyDelete
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    1. ...and sadly, if a tree falls in the woods and no one is there to hear it, does it still make a sound?

      Even if you took all the "money" and assets of all the Amerikan citizens to pay off all the debt, there would still be trillions and trillions and trillions left to pay, which begs the question, to whom do we owe all this money to?

      How can Social security be an asset and a liability at the same time? How can bank deposits and the currency you are forced to use be an asset and a liability at the same time? How can you live in the freest nation on earth and have the largest incarcerated population and be the most surveilled at the same time?

      "I am convinced that those societies (such as the Native American peoples) which live without government enjoy in their general mass an infinitely greater degree of happiness than those who live under the European governments. Among the former, public opinion is in the place of law, & restrains morals as powerfully as laws ever did anywhere. Among the latter, under pretence of governing they have divided their nations into two classes, wolves & sheep. I do not exaggerate."
      - Thomas Jefferson

      "The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating."
      - Thomas Jefferson

      "I hope we shall crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country."
      - Thomas Jefferson

      "The system of banking we have both equally and ever reprobated. I contemplate it as a blot left in all our constitutions, which, if not covered, will end in their destruction. I sincerely believe, with you...that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."
      - Thomas Jefferson

      "I wish it were possible to obtain a single amendment to our Constitution - taking from the Federal government their power of borrowing (from privately-owned corporate banks)."
      - Thomas Jefferson



      -Old Hickory

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    2. OH, see my above post. Now Hamilton being idolized on Broadway with significant stabs at Jefferson and his anti-banking beliefs. So what we are facing is not new; it's just much more out of control than at the founding.

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    3. Absolutely sister, you brought him to mind. I am trying to finish a biography on Jefferson. We are living in the twilight zone and I don't think that is an exaggeration at this point.

      -OH

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    4. for Old Hickory by Old Hickory (Andrew Jackson):

      It is apparent from the whole context of the Constitution as well as the history of the times which gave birth to it, that it was the purpose of the Convention to establish a currency consisting of the precious metals. These were adopted by a permanent rule excluding the use of a perishable medium of exchange, such as certain agricultural commodities recognized by the statutes of some States as tender for debts, or the still more pernicious expedient of paper currency.

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    5. Inlet,

      Read Andrew Jackson's biography by Jon Meacham, really good book. He was really bad to the native Americans but I think he was the only president to pay off the deficit and leave the US in the black. Very interesting read.

      -OH

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  12. Trump is exactly what he is. He's a banker's shill. He'll do what he's told or else...........PERIOD........

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    1. He knows what the game is and he knows what his limits are.......HE WILL NOT CROSS THE LINE.........He may want to....but he will not

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    2. No, no, no he's gonna build a wall, get those mexicans pay for it and make Merika great again!!!!!! See that's the ticket!!!!!

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    3. hehehehehe.....yeah.....he'll build luxury Condos on the boarders........

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  13. Gold in dollar terms has lot more down side left due to outrages euro money print....... weaker euro means stronger dollar....... those holding gold in non-dollar terms doing well past couple of years........ gold 's dollar value could bottom around 800 ( european central bankers printing with no end in sight)..... dollar index is headed for 120...........

    ReplyDelete
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    1. could care less.......if it happens that way then it happens that way.....they'll flip the switch when you least expect it. Dennis Gartman said the EXACT same line last nite on CNBS so I'm sure its right.........I'll play the rigged game my way and if you can hit the bottom I wish you only the best......

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    2. Too many swans a swimmin' to count on them playing any exact scenario......but you're welcome to guess.....Long term I'll play my strategy and enjoy life instead of worryin' what the boyz think they're gonna do to keep their ponzi workin'..........

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  14. I learned a long time ago to look at predictions (including mine) for what they are worth.....Jim Willie's, Cliff Droke, Kress Cycles....etc as only opinions.... When psychopaths are destroying a nation and its laws I won't change anything I planned. I bot my bullion, land, preps, etc....and will buy more if Skousens three year to five year horizon plays out. I remember many sage advice givers in the past recommending heavy positions in Uranium miners and shorting the SnP with both hands if it reached 1228........ Timing these guys or shorting indices is ridiculous with the manipulation. There are many big name stocks in major bear market breakdowns now and the breadth is terrible so feel free to join in the that meme too........... My life is as simple as I can make it. Hope they take gold to 800 .......not gonna be a pretty ponzi when the wake up comes.

    ReplyDelete
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    1. I keep score of how they do and what areas they are right or wrong in. For instance 'Andy Hoffman and several others here including Joe and Red were DEAD ON with their predictions the miners would be destroyed. Hoffman was in the industry and I still listen to him. Still doesn't change my paper trade. Sometimes ya just gotta go against the crowd.........enjoy

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  15. as for as gold and silver go....if you are looking at the "paper price" and waiting then you don't understand WHY you own physical gold or silver. Its all about physical and the disinformation boyz are out in droves so again Paper price and physical ownership are not the same discussion for those that don't own gold or silver. Now it is a discussion for those like me and others that already own physical gold or silver and want to make a big buy IF it is going to 800........but that is NOT most people because almost NO ONE owns physical gold or silver in the US..... Physical gold and silver is not a trade.....telling people that don't own gold or silver to wait until it hits 800 is playing a very dangerous game.

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    1. The next fun is bankruptcies when the equity extraction is completed and the distribution of indebted publicly traded companies is complete. Those that stole the equity will then swoop in and try to concentrate wealth into even fewer hands. That is when the social contract that binds civility finally breaks.

      Will enjoy the "guvmint" holiday!

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  16. Buy Gold, Silver, keep it, don't tell anyone.

    ReplyDelete
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    1. keep it a secret........good luck tryin'....

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    2. Who'da thunk? Hehehehe but I like it :)

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  17. Back at the SKF board, on Jan 3, 2015 guide_the_herd declared "Chimps All Gone". Then on Aug 24, 2015 mizesaw showed up and has been very lonely ever since.

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  18. SKF was destroyed by the banksters/gov

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  19. Ted Koppel now goes full Doomer....welcome to the real world Ted

    http://sgtreport.com/2015/11/ted-koppel-is-buying-freeze-dried-food-for-the-day-when-a-cyberattack-takes-out-the-power-grid/

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    1. hahahah.......just found out he's a neighbor of mine.........HE'S in the safest place in the U.S. I guess he did his homework or read Skousen's book about my area..........some of you know where I live......and Koppel isn't the only big name in my town with "second" homes........I think I'll stay put Tom ..... If its good enough for Koppel then its good enuff for me.......

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    2. Well then I guess you're in good company.... although these sum strange chit in the water in your state makes everyone kinda loopy......Hehehehehe

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    3. there's not these..... sag nammit!

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  20. http://stockcharts.com/h-sc/ui?s=GPL&p=D&yr=1&mn=8&dy=0&id=p28274591320&a=431038122&listNum=1

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  21. Hey Butt......Ya don't have ta hang out on doomer blogs.......Your true love is waitin' for ya

    http://www.zerohedge.com/news/2015-11-11/record-number-women-now-live-parents-basement-lack-weddings-blamed

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    1. Ha, who the hell can afford to get married now a days nor has the time working four part time jobs! All is well, All is well.......

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    2. Skippy can!!! He is a high earner with a large portfolio of paper. He works very little. Has no time to work as viewing doom blogs takes much of his time. It is all good....

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  22. PS - The paper is mostly TP to wipe the chit he spreads all over the NET. Hehehehe

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  23. This comment has been removed by the author.

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  24. Gold coin sales haven't been this high since the financial crisis
    Business Insider
    By Sam Ro

    Sales of US gold Eagle coins are going gangbusters.

    According to a new report from the World Gold Council, gold buyers saw an opportunity in the falling price.
    "US retail investment demand jumped to 32.7 tonnes, generating growth of more than 200% year-on-year," the WGC observed.

    It is all good!!!! Lots of people reading Kli's blog and buying gold coins. You lose Skippy. Hehehe

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  25. Oh look the Economy is Roaring, so much so the need for Energy is going thru the roof..........

    http://www.zerohedge.com/news/2015-11-12/something-very-strange-taking-place-coast-galveston

    Peak Oil? hehehehehehehehehehehe

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  26. But but Skippy said.......

    http://www.zerohedge.com/news/2015-11-12/sell-mortimer-stocks-tumble-most-6-weeks-back-red-2015

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  27. http://fellowshipoftheminds.com/2015/11/11/letter-from-germany-europe-is-in-chaos/ SMH

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  28. Indexes going negative. Aren't you glad Skippy you STAYED IN THE SYSTEM AND PROSPERED>>>> What a dufus Skippy is..... Hehehehe

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  29. Negative for the year Skippy!!!! You lose.

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  30. What's happening to the market!!??!!

    Yellen hints at a .001% interest rate hike and the market takes a dump!!

    These are truly comedic times.

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  31. I think I found Skippy's Girl Friend!!!!! BAHWAAAAAAAAAAAAAA

    https://www.youtube.com/watch?v=Zmji36q8E4o

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    1. Oh Good God Tom....

      I just coughed up my coffee watching this video.

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    2. Hehehehe Pathetic wasn't it......

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    3. Be careful Tom, next she might ask for free healthcare. Oh wait, never mind.



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    4. Democracy is two wolves and a sheep voting on what's for dinner.

      But sadly Tom, the other point is that the bought and paid for media, whether it's Faux News or the Communist News Network, would rather go after soft targets then provide real news.

      What the entitled woman in the video should have said is we need to stop all the special interest loop hole legislation written by and for the top 1%, stop Congress' ability to legally insider trade, have some monopoly trust busting and have even some representation and on and on and on, but you're never going to here that on the Big 6, or is it the Big 5?

      http://www.paulcraigroberts.org/2015/11/09/the-re-enserfment-of-western-peoples-paul-craig-roberts/

      "On another level we are experiencing the financialization of the Western economy about which Michael Hudson is the leading expert (Killing The Host). Financialization is the process of removing any public presence in the economy and converting the economic surplus into interest payments to the financial sector.

      These two developments deprive people of economic prospects. A third development deprives them of political rights. The Trans-Pacific and Trans-Atlantic Partnerships eliminate political sovereignty and turn governance over to global corporations.

      These so called “trade partnerships” have nothing to do with trade. These agreements negotiated in secrecy grant immunity to corporations from the laws of the countries in which they do business. This is achieved by declaring any interference by existing and prospective laws and regulations on corporate profits as restraints on trade for which corporations can sue and fine “sovereign” governments. For example, the ban in France and other counries on GMO products would be negated by the Trans-Atlantic Partnership. Democracy is simply replaced by corporate rule."

      I'll get off my soap box now hehehe.

      -Old Hickory

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    5. OH,

      R U Kidding Me? Her precious little head would explode and most certainly would disturb her safe zone trying to comprehend all that you just spoke of hahahahhahaha See as I see it, she's just like the rest, a useful idiot and MOAR idiot then useful may I add! She is clueless to the fact that the Guberment and these Universities along with the Bankster's have all been in cahoot's with one another giving them the wonderful chit sammy they're all stuck chowing down on now. The Guberment & Bankster's allow for EZ Debt and of course made damn sure you can't get out from underneath it, once racked up and the other just merrily goes along raising tuition 10% per annum to where at some IVY leagues its $60K + per year without a place to sleep!!!! All the while the Universities pump all sorts of good goo into their head's full of mush, converting them all into to a bunch of spineless, wussy victims, which the evidence I speak of is on full display in the video....... Hehehehe What a Racket!!!!!!

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  32. Well this isn't working out as planned or is it????????????

    http://www.zerohedge.com/news/2015-11-13/eu-commissioners-dire-warning-only-alternative-europe-war

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  33. Hey Skip's I though you said Kli was fully of stuffing on this matter......

    http://www.zerohedge.com/news/2015-11-13/its-official-barack-obama-wants-help-you-manage-your-retirement-savings

    "But not to worry, once again the federal government is to the rescue. Last week the Obama administration officially rolled out its MyRA program. MyRA is a special form of IRA that ‘helps’ Americans save for retirement by making it easy for you to loan your money to the federal government. Like a retirement account, the idea is to save a little bit every month or every year to be set-aside in a tax-advantageous way for retirement. The big catch here is that for MyRA accounts, there’s only one investment: US government bonds. At present, US government bonds fail to pay interest rates that meet the government’s officially published rate of inflation. So with these MyRA accounts, when adjusted for inflation, you’re guaranteed to lose money. The Obama administration, of course, entirely dismisses this criticism, saying that these MyRA accounts are for “people who aren’t saving and who have a fear of losing their principal.”

    It’s pretty appalling when you think about it.

    Private pensions are nearing insolvency, and the government’s guarantee agency is insolvent. Public pensions and retirement funds are also nearing insolvency. And individual retirement funds are completely undercapitalized.

    Hmmmmmm Looks like he was right again..... I guess you can discuss it with the boy's at LJS tonight.... hehehehehheheeeeee

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  34. "So with these MyRA accounts, when adjusted for inflation, you’re guaranteed to lose money."

    Where do I sign up??!!

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    Replies
    1. At the University that nim wit in the video attends..... hehehehehe

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  35. They are entering the final phase now.

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  36. http://www.armstrongeconomics.com/archives/39305

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  37. OK so whats going to happen with Gold on Monday ?

    ReplyDelete