Iconoclast421

http://anythingexceptthetruth.blogspot.com/
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36 Comments

    • Tue Nov 18th 16:35 PM | Rating: 0 -1
      Commented on:
      Peak Oil's Bell Is Ringing
      It is amazing the level of ignorance surrounding peak oil.

      First of all oil and natural gas are abiotic. This should be obvious to any rational person who can comprehend the sheer amounts of the resources in question. There is absolutely no way any reasonable amount of biomatter could have produced these quantities of oil and gas. It is simply impossible for a biological process of any kind. It is completely ludicrous and there is absolutely no proof whatsoever that there has ever been even 1 tenth of 1 percent of the biomatter necessary to produce this much oil. Yes oil is most definately abiotic. However, it is produced in very small quantities each year, making it finite for all intents and purposes. Go to youtube and type in "conspiracy of science" if you want to Begin to understand where oil really comes from.

      Second, and this is where people really show their ignorance: one cubic mile of oil per year is totally and grossly unsustainable. There is no question of that. So many dominoes have to line up in the proper direction just to get production that high. And now those dominoes are falling en mass. It is ending. But it will take a long time to go from our current one cubic mile per year production to the one cubic furlong of oil that we'll be producing 50 years from now. Note that even one cubic furlong is a heck of a lot of oil. There will always be some amount of oil production, and small pockets of civilization supported by it. But for the unwashed masses, there is only enslavement and dieoff waiting for them.

      The third and most important point is that it IS possible to maintain an advanced civilization of 6-50 billion people given our current allocation of resources. The current economic depression is gifting us with the largest energy supply glut in history. But we seem doomed to fail to take advantage of such gifts. Instead we will allow ourselves to be controlled by eugenics and transumanist propaganda and misled into giving away freedoms and fighting wars and bla bla bla. The species needs to wake up and realize the level of control and power wielded by secret societies. This will ultimately be humanity's undoing. People cannot objectively look at themselves the way we look at an ant colony or a petry dish full of bacteria. That makes them extremely vulnerable to manipulation, including incredibly advanced forms of manipulation.

      There are great occult forces at work, and it is possible and absolutely necessary to design a society in acknowledgement of these forces, in such a way that nullifies their power without ever knowing exactly who or what they are. It doesnt matter who or what the illuminati is. The force itself may not even be of human origin. But such knowledge is not necessary to nullify its power. Nothing in history has ever proven so fatal as willful ignorance.
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    • Tue Nov 18th 14:03 PM | Rating: 0 0
      Commented on:
      D-Day: Does Deflation Draw Near?
      They've been fighting the inevitable deflation for 5+ years now. In 2005 the threat of deflation increased as oil reached its plateau. The average daily crude oil production for 2006-2008 is down vs the average daily production of 2005. That one fact says it all. They knew it was coming, that's why Alan Greenspend printed trillions of dollars and inflated the money supply. Even with a 500% increase in oil prices, oil production is still at or below 2005 levels. And now production is collapsing. Deflation is absolutely unavoidable. Anyone who has been studying peak oil for the last few years should not be surprised.

      Anyone who is surprised by what is happening now should go here:

      www.chrismartenson.com...
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    • Tue Nov 18th 13:41 PM | Rating: 0 0
      Commented on:
      Bullion Shortage and Spot Prices Tell Two Different Gold Stories
      The above comment strikes me as completely nonsensical. There is a shortage of gold coins because the sellers are taking large losses on them. Why would you replenish your stock when the price is falling, just so you can lose money? Doesnt make sense. That's what makes deflation so devastating in the first place!
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    • Thu Nov 6th 16:35 PM | Rating: 0 0
      Commented on:
      Bullion Shortage and Spot Prices Tell Two Different Gold Stories
      No one has answered my question. They tried inflation in 2002. They printed 5 trillion dollars into a big bubble. It popped. They cannot print 5 trillion more and hope to fix it. Nothing close to that is going to happen. After 6 months, 1 trillion in new money wont even help the market tread water. Gold will not appreciate in a deflationary environment.
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    • Mon Oct 13th 16:33 PM | Rating: 0 0
      Commented on:
      Bullion Shortage and Spot Prices Tell Two Different Gold Stories
      The question is, how much of gold is a hedge against inflation, and how much of gold is just another commodity, subject to the same fate as all other commodities over the last few months? What is the percentage, and how do we calculate it? I'm sick of hearing about how the price of paper gold is manipulated. I know that gold is selling off because hedge funds and others are clearing out their positions to lock in profits and offset losses. And I know that many think cash is king right now, and that means selling gold. But I do NOT know how to calculate how high gold will go if say for example the price of corn drops 50%.

      Furthermore, we just had a commodity bubble, so it's really hard to see the same bubble happening again.

      It seems to me that they tried inflation over the last few years, starting especially in 2002. This is what we got as a result. A bout of inflation, and now an even more overvalued market. Even at 8000 it is overvalued, and now its over 9000 again!

      So... now we are either headed to hyperinflation, or DOW @ 1600 and gold @ $90 per ounce.

      IF we go the hyperinflation route, then this criminal cabal in washington will surely attempt to confiscate all gold, because we cant have any intelligent people profitting off their engineered destruction, now can we? Heavens no. And maybe that is ultimately why gold is not rising. It is just not a free market, and maybe gold is simply reflecting that fact.
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    • Tue Sep 23rd 13:02 PM | Rating: 0 0
      Commented on:
      Energy Storage Opportunities After the Market Carnage
      None of those charts looks very appealing to me. Except for perhaps CBAK. I think put in a buy order for CBAK @ 3.38
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    • Fri Sep 19th 08:47 AM | Rating: 0 0
      Commented on:
      The Blame Game, Part I: The Short-Seller Witch Hunt
      Can anyone explain exactly what this means for SKF. What will the overhead be now? Are we talking about more than 1 point per day being lost as overhead? 2? 3? 5? What?
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    • Fri Sep 19th 08:07 AM | Rating: 0 0
      Commented on:
      SEC Bans Shorting Financials
      Picture the US economy as a hot air balloon. Over the last 8 years it has been shot full of holes (accidentally, wink wink) by Dick Cheney. And now the propane tank is empty and the balloon is falling fast. The government solution? Hand all the passengers a can of beans and tell them to start eating.

      This is a difficult concept to grasp... but short selling actually boosts equities. It allows you to have people both long and short (hedged). (Say 60 long / 40 short for example.) Without shorting, instead of being long and short, You'd have to be "long and cash", or just cash. Since being long and cash is too risky, investment is discouraged. How many times have we read in the history books how the government has discouraged investment? This one will make the history books. But anyway, the banks will get what they need - cash - but the market will tank. It has to, because shorting boosts equities. This will cause the bank losses to multiply. It is a guaranteed thing. The banks will lose more. By its actions, the government has just admitted that we're in a fullblown depression. Before we've had an accompanying market crash. They have just tore a hole in the side of the balloon. Only their hot air is holding it up.

      This is how this criminal cabal will steal all your 401k, pension, everything. After they are done there will be a fire sale of public assets, and 299 million americans will be completely broke with no purchasing power of any kind. All engineered, all predicted, all warned about by "kooks" for years. Should have listened to Ron Paul!
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    • Mon Sep 15th 09:03 AM | Rating: 0 0
      Commented on:
      How Split Second Program Trading Affects the Market
      Right, I've also had some wild limit orders go through. Sometimes they dont even show up in the chart. Friday I had a limit order for MER @ 14.77. Sadly, it did not go through.

      As for the google thing, I am looking for a screenshot of google's cache for that article they say "had never come across the item before". I bet it was in google's cache, and I bet someone has it.

      And as for Income Security Advisors, they need to fire that moron who thought UAL went bankrupt this year. Something like this could bring the whole market down. Especially during times like these.

      I would not be surprised if someone at google was buying PUTs on UAL...
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    • Mon Sep 8th 17:11 PM | Rating: 0 0
      Commented on:
      Light the Way with LDK
      to teve: That is possible. Do not let anyone tell you its not. But you're talking about deflation/depression. The answer is to back up your LDK investment with a hedge against deflation. (If there is such a thing.)

      to JoeJoe: did it ever occur to you that STP might be lying their pants off when they say that

      - their non-silicon costs are 70 cents per watt
      - that their silicon costs (wafers) are 70% of total costs?

      It is easy to fudge either of those numbers. We dont know how conservative they are compared to LDK's. Gonna have to wait out the next couple earnings reports to know for sure.
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    • Wed Sep 3rd 11:32 AM | Rating: 0 0
      Commented on:
      JPMorgan: Why I'm Selling Short
      From a technical standpoint, JPM's chart tells me it is a screaming buy. Shrug. I cant easily bring myself to actually buy it though.

      It really looks like the big dumb money is flooding into financials. Like sheep to the slaughter? Or self-fulfilling prophecy?
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    • Wed Sep 3rd 10:47 AM | Rating: 0 0
      Commented on:
      Where Are the Bank Failures in This Financial Crisis?
      The interdependencies are so high that if one bank like Citigroup failed, it would bring down the whole house of cards. There is plenty of wealth left to loot. They are simply going to use the powers of the central bank to keep this system afloat until the US resembles Mexico, with half the population living in shacks and tents with chickens running around.

      I'm not saying there's anything wrong with chickens running around... I'm just saying that Americans are going to lose all their public and private wealth. In the name of fighting Al Qaeda and promoting democracy and all that crap.

      It is just a huge mass looting. But if people choose to be so dumbed down as to accept this then so be it. I just wish people would realize what this country is going to be like once ALL the public assets are sold off to pay for this orwellian state. All our roads, bridges, parks, all public land, all infrastructure, it is ALL going bye bye. You will not be able to access it unless you have $$money. And you will never have $$money because they will charge an arm and a leg for water and tolls and a million other things that used to be free. All in the name of keeping you safe from the terrorists. Enjoy your nice tasty dish of Karma.

      Thomas Jefferson: “If the American People ever allow private banks to control the issue of their currency...the banks and the corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”

      This is EXACTLY, what is happening today. It is no more complicated than that. The country is being systematically mass-looted. Once they are finished with their looting, that is when TSHTF.

      Today, Thomas Jefferson would no doubt be called a conspiracy theorist and he would be sent recipes and have tin foil hats photoshopped onto his head. But I bet he would be recommending you watch Fabled Enemies: video.google.com/video...
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    • Wed Sep 3rd 10:08 AM | Rating: 0 0
      Commented on:
      Decoupling Of Physical Gold And Paper Gold Prices
      6 months ago at the gas station I heard people talking about buying gold. That was when I knew it was time to sell.
      View article »
    • Mon Aug 25th 16:42 PM | Rating: 0 0
      Commented on:
      Looming Financial Catastrophe: A Real Inconvenient Truth
      Huh? The two major parties agree on virtually ALL major issues.

      They are both tax-and-spend. (Conservatives have simply used debt to hide their taxing. But it is there, as anyone who pays attention to prices can see. Inflation is a matter of policy and has been for longer than I've been alive.)

      They both believe in big government. Police state. Demonizing marijuana, classifying it the same as meth and coke so they can sink trillions into a black hole of corruption. All this, for an herb? The television has made more zombies out of people than all the cannabis in the world.

      Both parties ultimately serve the same fascist interests. Does Boeing/GE/NG/Lockheed care about whether a democrat or a republican is in office? Not really. It might be 51/49 tilted in favor of republicans, but why quibble over nuances?
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    • Wed Aug 20th 16:36 PM | Rating: 0 0
      Commented on:
      SEC Considering 'Market-Wide' Short Sale Rule
      I seriously hope the SEC can stop naked shorting without messing up the market. It is obvious that naked shorting isnt responsible for the state of the financial sector. But a lot of companies across the board are being destroyed by naked shorting. The SEC never seemed to care about it before, and they surely know that they can't help the banks. So one has to wonder what compels them to act now. I guess they all made enough money?
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