Plantinseeds

Shorting E*Trade Just to Keep the Price from Going Up?

Why would Citadel be shorting E-Trade? They own a sizeable chunk of the shares. That would be kinda like cuttin your nose off despite your face.

Decline of the U.S. Dollar: Asian Initiative to Create Commodity Based Currency?

If the U.S. congress or we the "citizens" understood our monatary system as in how it really works then our national debt problem could be solved in less than 5 years. Inflation, that would be a thing of the past.
The only way inflation can exsist is in a money-debt system. In a credit-money system it is impossible to have inflation.

The Next Debt Crisis

Our money is not backed by time. In fact the only thing that backs the federal reserve note is what America owns. Thats right. Since the FED is loaning us the money to begin with we have to pay it back through what we produce and own.
Of course the FED just creates their notes out of thin air.
Lets say Congress passes on an infrastructure bill that needs $1 Billion to make it fully funded. The treasury writes a bond for $1billion, the Federal Reserve buys that bond by simply making a notation in the Treasury's bank checking account of $1 billion credit. Checkbook money. The Treasury writes checks to contractors and vendors for supplies on the project.
Those businesses in turn deposit those checks in their banks which are made as credits in their respective checkbook money accounts. The banks send those checks back to the Federal Reserve (FED) to be cleared. The FED deducts those deposits from the Treasury's account.
Now this is where "frational reserve" comes into play.
I will explain fractional reserve in another post.

The Next Debt Crisis

I have studied our monetary system. I know exactly how inflation/deflation is created.

Inflation explained:

Inflation in a debt-money sysytem, such as the one administered by the Federal Reserve, is correctly defined as: debt-induced monetary devaluation. In fact, it is "only" in a debt-money system that inflation has ever occurred, from the first recorded inflation that destoyed ancient Babylonia over 4,000 years ago, to the present day.
Inflation is charcterized by the loss of purchasing power of the dollar (or any other monetary unit). Steadily rising prices are a "symptom" of this loss of purchasing power. It is devaluation of the dollar that forces general price increases.
The dollars devaluation, in turn, is caused by the inherent flaw in the debt-money system, namely, the creation of most money as debt. This locks the system into a vicious cycle of escalating borrowing in a futile effort to pay both interest and pricipal. A debt-money system is naturally inflationary, due to the built in shortage of money to pay interest. The shortage forces continually increasing borrowing, which requires price increases to cover the cost of business borrowing.
The devaluation of the dollar leads to a valid demand for growth of the money supply (M1). More money is borrowed into existence to meet this demand, but the amounts are never enough to keep pace with the growing cost of debt which tiggered the cycle in the first place.

The Next Debt Crisis

Inflation will make the debt managable? LMBO
Fractional reserve banking has nothing to do with inflation except for helping to create it.

Important (If Boring) Developments in Treasury Yield Curves

First off the banks really don't need any deposits from anyone to make money. Well yea they do but not near what you might think.
Since the banks create money as well and base that off of fractional reserves.

Secondly you betcha the FED is buying up all the treasuries it can get its hands on.............the M1 (money supply) is real tight. The treasury is out of money so here comes the Federal Reserve to create more debt-money for us to pay back forever. Except the FED will not create the usury money so that it cannot be paid back.

Design A Country Rescue Package Here (Comment Competition)

Dirk,
I do understand that a very large % of our federal income taxes go back to the treasury.
I don't see anywhere in my post that says anything about limiting credit to anyone nor taking from the rich and giving to the poor.

I do however ( If anyone read my 2 posts including yourself ) know that either no one cares or that no one understands anything about our debt-money system and how "we the people" do not own our legal tender ( except for U.S. mint coins ).

Do you not understand that are national debt is growing exponentially and can never be repaid under our current debt-monetary system?
That that debt-monetary system is what caused our national debt.
That the federal reserve sets the interest rates by secret policy decisions.
Do you understand what "usury" is concerning our monetary system?
Dang folks, its our debt-money that causes inflation (deflation is the real term), recession and depression.

Key Facts:

1 Approximately 25% of the money suppy is in cash.

2 Approximately 75% of the money supply is in bank deposit credits.

3 Money is not just federal reserve bank notes and Treasury coins.
Most of our nation's money supply ( M1) is in the form of numbers in depositors checking/savings accounts.

4 Under the present debt-money system, most money is created as debt by the commercial banks when they make loans.

5 Federal Reserve checks enter banks as deposit credits. These are then used by commercial banks to create more new money as deposit credits through the method called fractional reserve deposit expansion.

6 The federal debt was $4.4 trillion in 1993.

7 The interest plus usury on the federal debt was $202 billion in 1993.

8 The path of both the debt and the interest continue to rise almost straight up.

9 The total debt of the United States in 1993 was $ 15 trillion ($4.4 federal plus $10.6 trillion private)

10 Money created by a private lender ( the reserve and commercial banks ) when loaned, gives rise to primary debt and the fee for its use is usary.

11 Earned money when loaned gives rise to secondary debt and the fee for its use is interest.

12 Total debt in an all-debt monetary system equals usury plus the money supply : D=U+M ( The DUM equation )

13 The usury burden in a debt-money system consumes an ever-increasing share of the M1. This consumption of the money supply renders it impossible for a debt-money system to sustain stable economic growth without violent intervention at some point in the debt growth cycle.

Footnote
----------------------...
All this information is avaible from the Board of Govenors of the Federal Reserve. Free publications @ the information offices of the regional federal reserve banks.

The Agriculture Re-Boom Is Coming

Andrew, this is almost the exact article you wrote last year for that investment advisory paper you had. Back then you were pushing DBA too.

Design A Country Rescue Package Here (Comment Competition)

Benefits of the Treasury Credit Money System:

1 Federal income taxes are drastically reduced.

2 State and local taxes are slashed to less than half of their present levels.

3 Interest rates drop immediately and money is always avaiable to businesses and individuals.

4 Business activity increases, bringing with it expanding employment opportunities.

5 Inflation stops dead in its tracks.

6 Prices decline as the total debt in the economy declines.

7 Private debt can be paid off from the exsisting money supply.

8 The economy is protected aginst planned boom-and-bust business cycles.

9 Business bankruptcies are no longer necessary to balance successes.

10 Usury is scientifically removed from the banking system.

11 Federal goverment borrowing stops.

12 The Federal deficit is eliminated.

13 The multi-trillion national debt and its huge interest load are soon reduced to zero.

14 Working people at all levels can afford to own their own homes and enjoy comfortable, digified retirement.

15 Banking is relieved of day-to-day liquidity brinkmanship and scrambling for reserve funds.

16 The banking system is stabilized and the threat of economic collapse eliminated.

Call your congress and senators. We as a nation, as the United States of America demand that we create and own our own monetary system and to abolish the Federal reserve with its debt money system.

Design A Country Rescue Package Here (Comment Competition)

I have a solution!
It will not only fix Spains problem but also Californias and the United States.

I will use the United states treasury as the example wich could be and should be used in any free nation.

Very 1st thing is to shut down the Federal reserve (FED). The FED is not a part of the U.S. goverment, it is a private bank that creates money out of the thin air and loans it to the U.S. Treasury through bonds and goverment securities. It loans this money to the goverment with interest ( Debt money ).
Did you know that in 1991 the Fed's income was approximately $22.6 billion dollars. That was mainly derived from the loans it made to the U.S. goverment....and that $22.6 billion was just a partial of the interest owed on those loans. Of course that money was paid back by you and me on our federal income taxes.

So lets kick the FED to the curb and have the United States treasury start printing "our" money that we own. U.S. Constitution, Article 1, Section 8, clause 5 states: " The congress shall have power to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures."
We will call this the Treasury Credit Money system.
The goverment will create the money and spend it into the economy through public works bills passed by congress.
The Treasury will loan money to the state goverments @ 0% interest for there budgets and public works bills passed by state goverments. This in turn will be paid back through sales taxes, fines, fees and tariffs. Did you notice that there is no income taxes?
The national debt is gone under this system. Inflation will not and cannot exsist in this system. This system only promotes private and public systems, it does not deter and create inflation or create a national debt that can never be repaid.
I do not understand why any congress person or senator cannot see the absolutely criminal system that we have in place now.
Why we gave our money creation to a private bank in 1913 so that they could loan it back to this nation with interest is absolutely criminal.

" It is only in a debt money system that inflation has ever occured."
Inflation is characterized by the loss of purchasing power of the dollar. Steadily rising prices are a symptom of the loss of purchasing power. It is the devaluation of the dollar that forces general price increases.
The dollar's devaluation, in turn, is caused by the inherent flaw in the debt money system, namely, the creation of most money as debt. This locks the system into a vicious cycle of escalating borrowing in a futile effort to pay both interest and principal. A debt-money system is naturally inflationary, due to the built-in shortage of money to pay interest. The shortage forces continually increasing borrowing, which requires price increases to cover the cost of business borrowing.
In the debt money system, prices increase as a reflection of the escalating interest charges being incurred by producers. The term "price inflation" clearly identifies the process of rising prices. However, the term "inflation", when applied to the econonmy as a whole, fails to identify the "debt-generator" which causes prices to rise. The term is totally misleading. The more accurate and discriptive term for the mis-called "inflation" phenomenon is debt-induced monetary devaluation.
In a debt money system the money is never printed to pay the interest on the principal.

The Rise of the Silver Surfer

That is an investment that I want to get into.

The Rise of the Silver Surfer

Here is what I'm talking about.

New government-regulated "silver shots" move in line with silver prices. However, because of their unique composition, "silver shots" move exponentially higher than silver itself.

This means even a small move in silver prices generates explosive appreciation in "silver shots." Take a look at the chart below comparing silver bullion gains to "silver shot" appreciation:

Silver Shot Series A-2009: 900% in 1 day on a 5% move in silver bullion

Silver Shot Series B-2009: 350% in 3 days on a 3% move in silver bullion

Silver Shot Series C-2009: 125% in 4 days on a 6% move in silver bullion

Silver Shot Series D-2009: 200% in 3 days on a 7% move in silver bullion

Silver Shot Series E-2009: 325% in 1 month on a 37% move in silver bullion

Silver Shot Series F-2009: 240% in 1 month on a 21% move in silver bullion

Silver Shot Series G-2009: 236% in 1 month on a 36% move in silver bullion

Source: The Wall Street Journal/MarketWatch

The Rise of the Silver Surfer

Capt Brian

I hope you are not right but there is some evidence to what you are saying. However I do hope and pray that our savior comes for us before it gets that bad.

The Rise of the Silver Surfer

WOW I can't believe no one has mentioned First Majestic FR (TSX).
I loaded up on these folks last year and added somemore just recently. They are currently sitting on 300 mil ounces in reserves. They expect 5.5 - 5.9 mil ounces for 2009. There cost per ounce is right at $5.00. They have even started stamping thier own coins and selling them retail. Most of their concentration is in Mexico.
I would like to own 2 silver investments ( no ETF ) and thats it.

I do however have a question. Does anyone know what the $1 "silver shots series A, B, C" are? They are suppose to be some kind of new silver investment that are tightly regulated by the U.S. Gov.
Any help on this question would be greatly appreciated.

A Crippled iPhone: Very Bad Idea

IMHO I think yall are all nuts. I grew up without cell phones and personal computers. I was forced ( by the company I worked for ) in 92 to get a bag phone. I was then forced to a hand held in 02 by Cingular from my bag phone. I have a Motorola V550 that has been going for 5 years. I can make calls and text. I don't do e-mails or any internet ( except for downloading of new ring tones ). I have a computer @ work and @ home for that. If I need to go some where where I have not been before, I just break out my atlas ( it cost me $5.00 4 years ago ). People will gripe about a $25 a month land line bill but have no problem with a $200 a month cell phone bill. If you are spending that much time on any phone you don't have a life.