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marxbites
73 Comments
Law of Supply & Demand Is Dead for Gold & Silver
BTW gang - that banker bastard FDR only stole perhaps 20% of the people's gold. 80% of were too smart to fall for the unconstitutional ruse of confiscating their gold.
I am only guessing some today will be less adamant but hopefully more will be more adamant to prevent their wealth's theft by our govt run by the criminals in the CFR/NWO/FedRes/Int'l Banking cabal.
Pick any administration since Ike and see how both the presidents and their cabinets are almost wholly comprised of CFR members. Even the staffs of the Warren & 9/11 Commission coverups were almost wholly CFR members.
The CFR, a banker propaganda machine, was created to prevent the repeat of another expose' the likes that patriot journalists burnt criminal banking puppet Wilson with, over the coming WW2 already long on their drawing boards.
John Maynard Keynes
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency - "By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some....The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose."
Thomas Jefferson
"If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered."
Alan Greenspan - “Gold and Economic Freedom” 1967
"An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly and subtly than many consistent defenders of laissez-faire – that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other. . . . This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights."
H.L. Mencken
The urge to save humanity is almost always only a false-face for the urge to rule it.
More than ANY OTHER group, it was BANKERS who agitated most for American entry into WW1 that Wilson was reelected to keep us out of.
The Fed and Inc Taxes were NOT coincidental but imperative to our entry for the bankers.
Law of Supply & Demand Is Dead for Gold & Silver
dlaw got HIS degree at Sears I guess, or is a banker/shill.
Law of Supply & Demand Is Dead for Gold & Silver
Govt loves me and NEVER tells me lies. It cares ONLY about me and nothing for itself or it's longevity and powers.
The private shareholders of the Fed's stock are ALL altruists we should trust with such abandon that congress should NEVER put the Fed in a hotseat over it's policies. Stop demanding the accounting that never happens and let them print the dollar back to paper's intrinsic value; ZERO. All because they did it to the BofE means to be as sophisticated as the mother country we too should let the same scum run our money too? Now ALL countries EXCEPT the evildoers have CB's that work in concert with our own to inflate harmoniously!
dlaw - study some banking history at mises.org - you haven't a clue.
Brookings Panel on Economic Activity Conference: Housing Market and Fed Activity
Our so-called "free" trade agreements are simply the rent seeking they've been ever since the ICC stood the constitution's "do no harm" commerce clause on it's head.
We've got King Geo III's mercantilism in spades, and it's gets ever worse.
We blew it by not electing Ron Paul.
Congress's credit card of infinite limit, the "Federal Reserve" robs American's ability to accumulate wealth via inflation and interest expenses turned into multi-trillion dollar liabilities, neither of which were present before the Fed.
Govt NEVER bails out anything that doesn't grow it's operator's own powers or bank accounts. Indeed that has become it's MAIN function.
Now Is the Time to Be Buying Goldcorp
Short gold and silver right here and go long the USD.
Let us know how that pans out for you by Xmas si vouz plez?
Impact of Commodity ETFs on Prices: An Update
The threat of negative govt regulations & legislations, or the promise of special favors, are what keep corps buying reelections for the quid pro quo.
If the Fed's sole raison d'etre was to level out the boom/bust the "business" cycles that were ALWAYS caused by banks anyway, then it has failed miserably.
The FED IS the business cycle as plain as day.
PLUS it unconstitutionally charges interest on fiat it creates from nothing, plus it's printing press robs the people's buying power in a secret fashion that confuses the average gullible stupid pathetic govt indoctrinates like yourself dlaw!
How to Explain Fiat Currency to Silverbugs
What absolute drivel you pathetic moron.
Why AREN'T we comparing today's American's situation to that of Americans 100 years ago when there was NO Inc Tax, NO IRS, NO private unaccountable Fed or it's usury interest expense and parabolic unpayable debt. I say stiff the Fed and it's shareholders - Abolish the Fed now, the bastards have made several lifetimes of wealth for themselves - put em in the wall.
And w/o the above there would have been no being used by the Brits and Rothchilds all to hand them a chunk of Palestine, nor bailing out the limey bastards allowing the pound to have it's pre-war pre-inflationary value restored.
The NY/London banking elites have been robbing the world for a century now, history's bloodiest ever. You see what greedy bastards do when they have unlimited credit card central banks to indebt generations of the yet unborn.
They are ALL criminals and traitors to freedom - period.
Gold and the Dollar: Putting the Relative Cart Before the Relative Horse
This Thomas Edison Quote Sheds Light on the Money Scam in America. IOW's why they stole our real money.
In December 1921, the American industrialist Henry Ford and the inventor Thomas Edison visited the Muscle Shoals nitrate and water power projects near Florence, Alabama.
They used the opportunity to articulate at length upon their alternative money theories, which were published in 2 reports which appeared in The New York Times on December 4, 1921 and December 6, 1921.
Objecting to the fact that the Government planned, as usual, to raise the money by issuing bonds which would be bought by the banking and non-banking sector -- which would then have to be paid back with money raised from taxes, and with interest added -- they proposed instead that the Government simply create the currency it required and spend it into society through this public project.
This Thomas Edison quote made it plain in the following excerpt from The New York Times, December 6, 1921 issue ("Ford Sees Wealth In Muscle Shoals").
Here, the reporter reveals the Thomas Edison quote:
"That is to say, under the old way any time we wish to add to the national wealth we are compelled to add to the national debt."
"Now, that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I, that for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 -- that is what it amounts to, with interest."
"People who will not turn a shovelful of dirt nor contribute a pound of material will collect more money from the United States than will the people who supply the material and do the work."
"That is the terrible thing about interest. In all our great bond issues the interest is always greater than the principal. All of the great public works cost more than twice the actual cost, on that account. Under the present system of doing business we simply add 120 to 150 per cent, to the stated cost."
"But here is the point: If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good."
"The difference between the bond and the bill is that the bond lets the money brokers collect twice the amount of the bond and an additional 20 per cent, whereas the currency pays nobody but those who directly contribute to Muscle Shoals in some useful way."
"... if the Government issues currency, it provides itself with enough money to increase the national wealth at Muscles Shoals without disturbing the business of the rest of the country. And in doing this it increases its income without adding a penny to its debt."
"It is absurd to say that our country can issue $30,000,000 in bonds and not $30,000,000 in currency. Both are promises to pay; but one promise fattens the usurer, and the other helps the people."
"If the currency issued by the Government were no good, then the bonds issued would be no good either. It is a terrible situation when the Government, to increase the national wealth, must go into debt and submit to ruinous interest charges at the hands of men who control the fictitious values of gold."
"Look at it another way. If the Government issues bonds, the brokers will sell them. The bonds will be negotiable; they will be considered as gilt edged paper. Why? Because the government is behind them, but who is behind the Government?"
"The people."
"Therefore it is the people who constitute the basis of Government credit. Why then cannot the people have the benefit of their own gilt-edged credit by receiving non-interest bearing currency on Muscle Shoals, instead of the bankers receiving the benefit of the people's credit in interest-bearing bonds?"
Rothschild Brothers of London communiqué to associates in New York June 25, 1863
"The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages...will bear its burden without complaint, and perhaps without suspecting that the system is inimical to their best interests."
Russell Kirk, The Conservative Mind
When democracy turns, as it often does, into a corrupt plutocracy, both national decadence and social revolution are being prepared." So wrote the Irish-born historian, W. E. H. Lecky (1838–1903) in this devastating assault on mass democracy. Lecky spoke for the landed gentry and the upper middle classes of late Victorian England when he warned his countrymen that an unfettered democracy would destroy the balance of interests in the community and thereby undermine the Constitution." A tendency to democracy," said Lecky, "does not mean a tendency to parliamentary government, or even a tendency toward greater liberty." Indeed, the type of democracy emerging in Britain seemed to be the rudiment of socialism.
Curtis Dall, son-in law of Franklin Roosevelt wrote a book called FDR: My Exploited Father-in-Law in which he stated:
"For a long time I felt that FDR had developed many thoughts and ideas that were his own to benefit this country, the U.S.A. But he didn't. Most of his thoughts, his political 'ammunition' as it were, were carefully manufactured for him in advance by the CFR [Council on Foreign Relations] - One World Money Group. Brilliantly with great gusto, like a fine piece of artillery, he exploded that prepared 'ammunition' in the middle of an unsuspecting target, the American people--and thus paid off and retained his international political support."*
H. L. Mencken
Democracy is also a form of worship. It is the worship of Jackals by Jackasses.
The Bedrock Case for the Return of the Gold Bull
"If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered."
Alan Greenspan - “Gold and Economic Freedom” 1967
"An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly and subtly than many consistent defenders of laissez-faire – that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other. . . . This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights."
Rothschild Brothers of London communiqué to associates in New York June 25, 1863
"The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages...will bear its burden without complaint, and perhaps without suspecting that the system is inimical to their best interests."
Curtis Dall, son-in law of Franklin Roosevelt wrote a book called FDR: My Exploited Father-in-Law in which he stated:
"For a long time I felt that FDR had developed many thoughts and ideas that were his own to benefit this country, the U.S.A. But he didn't. Most of his thoughts, his political 'ammunition' as it were, were carefully manufactured for him in advance by the CFR [Council on Foreign Relations] - One World Money Group. Brilliantly with great gusto, like a fine piece of artillery, he exploded that prepared 'ammunition' in the middle of an unsuspecting target, the American people--and thus paid off and retained his international political support."*
What the Fed's Latest Decision Means for Investors
I was very pleasantly surprised to hear the FDR administration was per usual govt ineptitude, only able to collect but 20% of the people's gold. Pretty sure we'd be less proud of the current crop. But how dare the criminals even try, eh? The thought is shaming.
The great Ponzi has run it's course.
Why is this ANY diff from 20'S Germany but for being on a global scale this time?
It's well past time to neuter Leviathan
Is the Price of Gold Artificially Depressed?
1932 1oz gold = $20
2008 1oz gold = $1000
Meaning it's 1/50th or 2% of it's gold backed buying power.
And yet an oz of gold buys comparatively the same amount of goods or services today as it did 2000, or 100 years ago.
What the Fed's Latest Decision Means for Investors
You mean like 100yrs of criminal unconstitutional monopoly cartel Fed of massive corruption and theft of the people by interest and inflation??
Man - get an education, and not one sponsored by govt greased liars, cheats, thieves and murderers! Sheeesh!
Here's a good start - it IS in English:
The Bank of England and the Federal Reserve System
www.mnemeion.studien-v...
Monday, August 4: Week in Review
Monday, August 4: Week in Review
So how is it $0.035 per Morgan?
The diff is not huge - I just want to understand how it's calc'd?
See Greenspan's article "Can the US return to a Gold Standard" from Sept 1981 at:
24hgold.com
Barrick and Goldcorp: Analysts Adjust Price Targets on Earnings Announcements
What are your favorite juniors please if you wouldn't mind?
I hold almost equal $ amounts of GG, SLV and a small position in HL.
Thanks
See Greenspan's article "Can the US return to a Gold Standard" from Sept 1981 at:
24hgold.com