https://www.sovereignman.com/trends/social-security-requires-a-bailout-thats-60x-greater-than-the-2008-emergency-bank-bailout-22241/

Printing is the only way out, short of default !!!!!

Charlottesville: Violence in the Streets | Faith Goldy and Stefan Molyneux

https://youtu.be/4UpF8H1Zjcw

“Silver Was Called The Poor Mans Gold” It should have been described as

Silver The Self Employed Cash Business Owners Private Stash Of Cash.

My friend and I were buying and selling small amounts of silver coins with local newspaper adds. I remember well who was buying, and they were NOT poor. I remember one in particular, a delicatessen owner….

“I have $100,000 cash, to invest” Naturally I said I’m not your guy. But anyway we all know what happened to all that unreported cash. It evaporated, taken away, by TPTB punishing the buyers. Also they contracted the money supply to head off inflation. Like a big Paul Volker Sponge Mop.

Bitcoin??? You watch. TPTB will do the exact same thing. They will wait until the right time, and take or sop up all that unreported money away, mop the floor. Then, they can increase the money supply on THEIR side, for infrastructure, space and defense etc.

Mark my words. It may take a few years.

Hear hear…you couldn’t be more on the mark…great post.

Cheers

add Novo Resources  NSRPF  up 20%

Over on the right hand side of this page you will see a blank box under Archives. If you are a little bored, like me, type in August 14, 2016 and let your mind take a journey down the Goldbug Memory Lane. Kinda seems to help me get a grip on today’s action. Reminds me of where we have been and what we might see next. Here is a teaser, everyone thought Hillary was a lock in.

Just for the record, I think Treefrog has the best idea. Just pack up the coffee maker and get the hell out of dodge for awhile. Too much of watching these markets will surely drive one insane(r).

Best to all! Anyone know how many days it takes for fishing line to dry rot when it is out of the water? I’m figuring it only takes a week or two. 🙂

“I’m not sure about the end game. I’m not sure why there even has to be an end game as long as they have the ability to print unlimited amounts of fiat to buy ever increasing debt, stocks, whatever they want really to keep the game going.”

I don’t think they have to print anything to keep the game going. They created ETF’s and talked all the idiots into day/swing trading them because they are easy to trade, and all that fiat is being used to control the entire stock market. As I have mentioned many times now, they, TPTB, have no obligation to buy any of the stocks the ETF TRACKS….All they do is TRACK, for example, the GDX or GDXJ or GLD or SLV. Then all the idiots throw their money into them and BINGO, TPTB have unlimited fiat to move markets up or down or sideways as they choose.

So you might as well say every dollar placed into any ETF is then available for TPTB to use in any way they want to control any and every market.  You buy  GDX, they sell  GDX for the same amount, so you, the PM investor, have just been nullified, and TPTB maintains perfect control of PM’s until they want PM’s to make their next move…..and that will be when it is least expected.

It’s very simple for them to do since they rely on human nature, which is to be greedy and selfish, thinking they don’t make any difference with their small investments…..but have you noticed that since ETF’s were introduced back in about 1995, good news became bad for stocks and they went down, bad news became good for stocks and they went up. All logic disappeared from all markets, making it easy to fleece the suckers.

NONE ARE SO BLIND AS THOSE WHO WILL NOT SEE!! Open your eyes people!! You are being served a “free lunch” while they rob you blind!! The enemy is us!

One Trader’s Reality Check “If You Think Last Week Was A Disaster, You May Be In The Wrong Line Of Work”

While the moves in equity (VIX) and credit (CDX, ITRX) protection costs last week shocked many out of their recent coma of complacency, former fund manager Richard Breslow warns it was the lack of reaction across markets broadly that investors should be more worried about.

http://www.zerohedge.com/news/2017-08-14/one-traders-reality-check-if-you-think-last-week-was-disaster-you-may-be-wrong-line-

Smoke and Fire

Cue the corn pone Nazis. Enter, stage left. Well, what did you expect?

With the various authorities in this culture incessantly applying “white privilege” noogies to the public’s skull, sooner or later they were sure to provoke a lizard-brain response from the more limbic-oriented low orders of honkeydom. Of course, you couldn’t stage-manage a more stupidly arrant provocative act in the State of Virginia, guaranteed to bring out the raging yahoos, than threatening to remove a statue of Robert E. Lee.

There’s a depressingly tragic overtone to this whole affair that suggests the arc of history itself is driving this story — a dark animus in the national soul struggling to resolve its contradictions. And the Charlottesville incident, which left a woman dead and many others badly injured from a car-ramming, has the flavor of a “first shot” in a new civil war.

The echo civil rights campaign of the moment — a strange brew of Black Lives Matter, “Antifa” (anti-fascist), latest-wave feminism, illegal immigrant sanctuary politics, and LGBTQQ agitation — emanates from the college campuses and creeps through the culture-at-large like a miasma, poisoning group against group, in an orgy of victimization claims of the sort that inevitably lead to violence. This is how tribal and religious wars start in primitive societies.

cont. http://kunstler.com/clusterfuck-nation/smoke-and-fire/

Would you be buying BTC today? Just curious.

Cheers

Seabed mining approved in New Zealand despite environmentalists’ concerns

Seabed mining approved in New Zealand despite environmentalists’ concerns

Kirkland Lake up 1.19%,  EXK up 1.85%

Go figure.

You can say that again. Villains all!

it’s trading like the boys have no control over it. stick a fork into central banking. 

Somehow u can’t escape the idea that the world would be much better off without the likes of Billary, McStain, Soros and Blair running around.

NYT Shocking Report: US “Ally” Ukraine Is Source Of North Korean Missile Engines

http://www.zerohedge.com/news/2017-08-14/nyt-shocking-report-us-ally-ukraine-source-north-korean-missile-engines

why is the crypto-currencies–traders are thinking that it’s such a hassle to deal with say, a bitcoin…and so easy to buy gold, which is also an alt currency. Looks like gold’s a buy as I write and maybe QID and other short stocks etfs–my only question is do i buy QID this morning or wait for a bigger rally over the next   few days. I would not be surprised to see this opening surge reverse…it’s time for a real sell-off regardless of N. Korea.

I’m not sure about the end game. I’m not sure why there even has to be an end game as long as they have the ability to print unlimited amounts of fiat to buy ever increasing debt, stocks, whatever they want really to keep the game going.

You’re right though, they started working on gold right after the close on Friday, the VIX too. Talk about a drubbing.

I think they’ll remove Trump and the SM will rally another 10K pts.

The game was on v late Friday evening, as they took Au down from 1292 to 88 on nothing and it has been non stop since the Sunday night re-open, including the standard 8 am London time hit….

The more I see this the more I get the impression that Janet, craps herself as soon as the SM even wobbles…hence the near 24/7 intervention…as far as I am concerned the end game is on and confirmed by stories like Richard 640’s 19.38 post, about Italian Debt.

The No’s are gargantuan, yet hardly a soul is raising the slightest complaint at what is being done, in their name…..so 20 yr olds can afford a Ferrari or 3.

So predictable. Here comes the rinse, repeat crushing.

VIX creaming anyone who dared play the momentum. Same with pm’s – always the same with pm’s.

Not sure they’ll cream the shares much more, they never participated in the Kabuki theatre rally.

…especially on a Monday!

Historic steam. Gold trains like this conquered the West.
http://www.railpictures.net/photo/626626/
http://www.railpictures.net/photo/626621/

SM, Dollar Bid, Pm’s hit.

Screw the news….we, the scum are the news.

Good to hear from ya.

My head keeps saying,,, “just a couple more months”

Endless possibilities when the noggin’ starts yappin’ at ya 🙂