7.8%

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Comments

  • SmellymanSmellyman Asia Posts: 4,524
    unsung wrote:
    In San Diego



    554147_146499798829672_1376324964_n.jpg


    Oh wait... no sorry...

    A parody article written in May of 2011.

    http://bossip.com/377034/catching-bin-l ... -sike3920/

    That's gonna leave a mark...
  • You would think the $2.00 difference between regular and plus but a 1¢ difference between plus and premium would have been a top off..

    Or the fact that the colours were all wrong and the numbers were at a different skew perspective than the edges of the sign.


    Oh man, I just morphed from bad ass biker to film school geek in one sentence.

    The shame. The shame.
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    That picture was linked from the news article from the television station report that I also posted talking about the $6/gallon fuel. No, I did not, nor do I have the time to research everything that a supposed legitimate news organization links. I'm sure in your searching you also discovered that there was indeed $6/gallon fuel.

    But we can ignore that.
  • mickeyratmickeyrat Posts: 40,097
    unsung wrote:
    That picture was linked from the news article from the television station report that I also posted talking about the $6/gallon fuel. No, I did not, nor do I have the time to research everything that a supposed legitimate news organization links. I'm sure in your searching you also discovered that there was indeed $6/gallon fuel.

    But we can ignore that.
    will you acknowledge that the power outage and the explosion are as much, if not the main reason for fuel costs being what they are at present in Ca?
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyratmickeyrat Posts: 40,097
    mickeyrat wrote:
    unsung wrote:
    That picture was linked from the news article from the television station report that I also posted talking about the $6/gallon fuel. No, I did not, nor do I have the time to research everything that a supposed legitimate news organization links. I'm sure in your searching you also discovered that there was indeed $6/gallon fuel.

    But we can ignore that.
    will you acknowledge that the power outage and the explosion are as much, if not the main reason for fuel costs being what they are at present in Ca?


    different rules there force a different blend
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • unsung wrote:
    That picture was linked from the news article from the television station report that I also posted talking about the $6/gallon fuel. No, I did not, nor do I have the time to research everything that a supposed legitimate news organization links. I'm sure in your searching you also discovered that there was indeed $6/gallon fuel.

    But we can ignore that.


    Except no...there was a place charging $5.69 for a gallon of premium. And if you used a debit card, they would charge you 30¢ for that. So... I guess if you only bought one gallon of gas (the 30¢ was flat, not per gallon), then yes... One place in the remote town of Calabasis was charging that much.

    Obviously you need to get your news from another place... But if you can't even take 3 seconds to look at images you're posting and think about them.... If you don't have time to research the claims you make while debating about politics... Don't debate politics.

    Again I say... If you're that gullible, it explains why you are a supporter of Ron Paul.
  • unsung wrote:
    But we can ignore that.

    May I suggest in the future that you use that as your signature?

    :fp: :lol:
  • Go BeaversGo Beavers Posts: 9,190

    You've made up you're mind. Maybe your neighbors, too. If they have not, I doubt they care what the numbers say. They're living it.

    I think obamas getting re elected. I think the numbers and reality mean nothing. Funny that every liberal on here won't even acknowledge the labor force participation rate unless it is to say romney supporters are spinning.

    We talk a lot about the labor participation rate in this thread:
    http://community.pearljam.com/viewtopic.php?f=13&t=177466&hilit=+numbers

    The lfp rate has been pretty flat in 2012, and didn't change significantly last month. I see liberals speak to it and how it's a factor. I've made the argument that it's due to the high number of people retiring (approx 300,000 a month). The conservative argument is that people have given up looking for a job, but if that was the case, you would have seen the unemployment rate increase as they would have flooded the job market after hearing that hiring is on an upswing. Conservatives seem to reference the lfp rate because they're stubbornly refusing to even ponder the idea that the economy might be getting better.
  • This number IS a joke, but I think it has far less to do with the politics of the election than it does to do with the price of gold and silver, and the general "fuckdom" that "those in control" are THINLY masking at this point. Shit is about to blow apart at the seams from the standpoint of an amazing array of different metrics (jobs, housing, manufacturing, national debt, bonds&ratings-local-federal-international, international markets - europe-china-iran-etc, currency stability-here-euro-iran-china?, Fed out of ammo, etc etc etc) and it seems like time is up. The gold & silver markets have turned, and turned rather violently out of their year long "rut" (read:supression,supression,supression) ... they are getting ready to run ... run,run,run ... "those in control" have been battling this REAL MARKET FORCE all year generally, acutely as of this month, and PAINFULLY as of this last week ... they are in a panic ... gold moved from 1590 to 1780 in a month. Its already been to 2000 a year ago (and was brutally supressed with all sorts of bullshit tactics). Nothing has improved since then. Fundamentals continue to slam their head against against the brick wall of a stalled out inflation-scheme economy with far too much debt that is literally impossible to pay off. The Fed is currently in the racket of outright monetization of debt (which Bernanke laughingly denied just last week) via QE3toINFINITY ... and they already know it doesn't "work". These are all just bandaids. Shit is FUCKED.

    This labor report is nothing but SHEER DESPERATION.
    It isn't about trying to pull punches for Obama or Romney. They are trying to FORESTALL COLLAPSE.

    THIS is what they did to metals with that BLS report. It was nothing more than a frantic torpedo job on a market that was (and still is) VERY primed to explode. Once gold gets over 1800 (and it WILL be soon. Next week, or next month, who cares) its 1900, and 2000. In ***SHORT*** order. Once its over 2000. Fucking BE WARE.
    :cry: :? :cry:
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487

    Again I say... If you're that gullible, it explains why you are a supporter of Ron Paul.


    This coming from the most narrow minded one issue voter on these forums.

    The unfortunate part for you is that Ron Paul would have been one of your best shots at getting what you want.
  • PJ_SoulPJ_Soul Vancouver, BC Posts: 50,018
    unsung wrote:
    In San Diego



    554147_146499798829672_1376324964_n.jpg
    You people are still paying less for gas than most people in the world you know. And I was just in the States and didn't see gas going for more than $4 a gallon (I realize it's more in some places... and even in those places it's cheaper than anywhere in all of Canada and Western Europe). If Obama has anything to do with gas prices in your country (which he doesn't), I say he's doing a damn fine job in keeping them low!
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • unsung wrote:

    Again I say... If you're that gullible, it explains why you are a supporter of Ron Paul.


    This coming from the most narrow minded one issue voter on these forums.

    The unfortunate part for you is that Ron Paul would have been one of your best shots at getting what you want.


    Which one issue are you talking about?

    I've supported...

    A separation of church and state
    Women's reproductive rights
    Immigration reform
    Marriage equalty
    Raising taxes on the highest earners
    Ending the war
    Universal access to affordable Health care
    Education reform
    Charging the ones who caused the banking crash with crimes
    Supporting public broadcasting
    Ending corporate welfare
    Supporting alternative energy
    The ENDA
    Environmental protection


    I could go on.

    What is the "what I want" part?
  • can someone please get Romney to explain to me how you quantify those that have given up looking for work?
    Gimli 1993
    Fargo 2003
    Winnipeg 2005
    Winnipeg 2011
    St. Paul 2014
  • BTW, unsung...

    I occasionally forget that not everyone has my defense mechanisms and lay it on a bit thick.... I also don't always know my own strength.

    And it's not like I haven't been duped by something I found on the internet and didn't research quite enough before mentioning it.

    So... sorry.

    That said, I know you're talking about marriage equality when you say that Ron Paul could give me the one thing I want. Without getting off topic (although this was my thread), no... he couldn't. Ron Paul wants to do away with all federal recognition of marriage. To me that's the legal version of getting angry that you have to let the black kid on your team so you dissolve the league to prevent it. And it's not at ALL what I want.

    I don't want to do away with federal recognition of marriage. I think marriage and the family ARE the cornerstone of society and I don't want to do anything to weaken them. Besides, without federal recognition of marriage, my husband and I would be what we are now... room mates in the eyes of the law. Which would mean that my only chance of sponsoring him for citizenship would be gone forever.

    Trust me... Ron Paul will never give me "what I want."

    My only hope is that DOMA makes it to the supreme court and is found to be unconstitutional. Or that the laws are changed to allow me to sponsor him.

    And my only hope for that is to keep this president for four more years.

    Although as luck would have it, the president also supports many of the things that I do. Or at the very least, sees things closer to me than any other candidate.
  • ZosoZoso Posts: 6,425
    unsung wrote:

    Again I say... If you're that gullible, it explains why you are a supporter of Ron Paul.


    This coming from the most narrow minded one issue voter on these forums.

    The unfortunate part for you is that Ron Paul would have been one of your best shots at getting what you want.

    I have to say if you're a progressive liberal like I would say prince of dorkness is then it's the opposite of closed minded? corredt? If you're all about inclusion you're open minded.. sorry had to intervene there :D
    I'm just flying around the other side of the world to say I love you

    Sha la la la i'm in love with a jersey girl

    I love you forever and forever :)

    Adel 03 Melb 1 03 LA 2 06 Santa Barbara 06 Gorge 1 06 Gorge 2 06 Adel 1 06 Adel 2 06 Camden 1 08 Camden 2 08 Washington DC 08 Hartford 08
  • PJ_SoulPJ_Soul Vancouver, BC Posts: 50,018
    Zoso wrote:
    unsung wrote:

    Again I say... If you're that gullible, it explains why you are a supporter of Ron Paul.


    This coming from the most narrow minded one issue voter on these forums.

    The unfortunate part for you is that Ron Paul would have been one of your best shots at getting what you want.

    I have to say if you're a progressive liberal like I would say prince of dorkness is then it's the opposite of closed minded? corredt? If you're all about inclusion you're open minded.. sorry had to intervene there :D
    +1
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • aerialaerial Posts: 2,319
    This number IS a joke, but I think it has far less to do with the politics of the election than it does to do with the price of gold and silver, and the general "fuckdom" that "those in control" are THINLY masking at this point. Shit is about to blow apart at the seams from the standpoint of an amazing array of different metrics (jobs, housing, manufacturing, national debt, bonds&ratings-local-federal-international, international markets - europe-china-iran-etc, currency stability-here-euro-iran-china?, Fed out of ammo, etc etc etc) and it seems like time is up. The gold & silver markets have turned, and turned rather violently out of their year long "rut" (read:supression,supression,supression) ... they are getting ready to run ... run,run,run ... "those in control" have been battling this REAL MARKET FORCE all year generally, acutely as of this month, and PAINFULLY as of this last week ... they are in a panic ... gold moved from 1590 to 1780 in a month. Its already been to 2000 a year ago (and was brutally supressed with all sorts of bullshit tactics). Nothing has improved since then. Fundamentals continue to slam their head against against the brick wall of a stalled out inflation-scheme economy with far too much debt that is literally impossible to pay off. The Fed is currently in the racket of outright monetization of debt (which Bernanke laughingly denied just last week) via QE3toINFINITY ... and they already know it doesn't "work". These are all just bandaids. Shit is FUCKED.

    This labor report is nothing but SHEER DESPERATION.
    It isn't about trying to pull punches for Obama or Romney. They are trying to FORESTALL COLLAPSE.

    THIS is what they did to metals with that BLS report. It was nothing more than a frantic torpedo job on a market that was (and still is) VERY primed to explode. Once gold gets over 1800 (and it WILL be soon. Next week, or next month, who cares) its 1900, and 2000. In ***SHORT*** order. Once its over 2000. Fucking BE WARE.
    :cry: :? :cry:

    How could your post be totally ignored? I see know one wants to see things as they really are. Go post, nice to see someone knows what is going on.
    “We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” Abraham Lincoln
  • whygohomewhygohome Posts: 2,305
    aerial wrote:
    This number IS a joke, but I think it has far less to do with the politics of the election than it does to do with the price of gold and silver, and the general "fuckdom" that "those in control" are THINLY masking at this point. Shit is about to blow apart at the seams from the standpoint of an amazing array of different metrics (jobs, housing, manufacturing, national debt, bonds&ratings-local-federal-international, international markets - europe-china-iran-etc, currency stability-here-euro-iran-china?, Fed out of ammo, etc etc etc) and it seems like time is up. The gold & silver markets have turned, and turned rather violently out of their year long "rut" (read:supression,supression,supression) ... they are getting ready to run ... run,run,run ... "those in control" have been battling this REAL MARKET FORCE all year generally, acutely as of this month, and PAINFULLY as of this last week ... they are in a panic ... gold moved from 1590 to 1780 in a month. Its already been to 2000 a year ago (and was brutally supressed with all sorts of bullshit tactics). Nothing has improved since then. Fundamentals continue to slam their head against against the brick wall of a stalled out inflation-scheme economy with far too much debt that is literally impossible to pay off. The Fed is currently in the racket of outright monetization of debt (which Bernanke laughingly denied just last week) via QE3toINFINITY ... and they already know it doesn't "work". These are all just bandaids. Shit is FUCKED.

    This labor report is nothing but SHEER DESPERATION.
    It isn't about trying to pull punches for Obama or Romney. They are trying to FORESTALL COLLAPSE.

    THIS is what they did to metals with that BLS report. It was nothing more than a frantic torpedo job on a market that was (and still is) VERY primed to explode. Once gold gets over 1800 (and it WILL be soon. Next week, or next month, who cares) its 1900, and 2000. In ***SHORT*** order. Once its over 2000. Fucking BE WARE.
    :cry: :? :cry:

    How could your post be totally ignored? I see know one wants to see things as they really are. Go post, nice to see someone knows what is going on.

    I ignored it for a few reasons.

    1. I think the gold and silver markets are bogus markets. I'm a commodities trader (my second job, more of a part-time gig at the moment) and I have friends on Wall St who think those markets are a joke. It's a market trumped by Glenn Beck and Ron Paul, and it will eventually collapse on its own accord.

    2. I don't always buy the anti-Fed arguments. It lets the banks and Wall St. off the hook--these are the fucks who are manipulating various aspects of our economy--the markets (derivatives, anyone?), our currency, oil prices, etc. Do we not remember what has happened over the last decade or so.
    3. Housing---the banks and the mortgage lenders don't have the resources to restructure people's mortgages? Please. This is a sick joke being played on the American people. Where is Countrywide Home Loans these days?
    4. Too much Alex Jones anxiety in the post.
    5. The corporate oligarchs are the most unpatriotic Americans that we have seen, They make the robber barons look like a kid stealing a snickers at a 7-11

    If there is another collapse, this time they better lock up the bankers, hedge-find managers, and traders who cause it. if not, these people should be dragged out of their cushy offices and dragged through the streets Mussolini-style.
  • Go BeaversGo Beavers Posts: 9,190
    whygohome wrote:
    aerial wrote:
    This number IS a joke, but I think it has far less to do with the politics of the election than it does to do with the price of gold and silver, and the general "fuckdom" that "those in control" are THINLY masking at this point. Shit is about to blow apart at the seams from the standpoint of an amazing array of different metrics (jobs, housing, manufacturing, national debt, bonds&ratings-local-federal-international, international markets - europe-china-iran-etc, currency stability-here-euro-iran-china?, Fed out of ammo, etc etc etc) and it seems like time is up. The gold & silver markets have turned, and turned rather violently out of their year long "rut" (read:supression,supression,supression) ... they are getting ready to run ... run,run,run ... "those in control" have been battling this REAL MARKET FORCE all year generally, acutely as of this month, and PAINFULLY as of this last week ... they are in a panic ... gold moved from 1590 to 1780 in a month. Its already been to 2000 a year ago (and was brutally supressed with all sorts of bullshit tactics). Nothing has improved since then. Fundamentals continue to slam their head against against the brick wall of a stalled out inflation-scheme economy with far too much debt that is literally impossible to pay off. The Fed is currently in the racket of outright monetization of debt (which Bernanke laughingly denied just last week) via QE3toINFINITY ... and they already know it doesn't "work". These are all just bandaids. Shit is FUCKED.

    This labor report is nothing but SHEER DESPERATION.
    It isn't about trying to pull punches for Obama or Romney. They are trying to FORESTALL COLLAPSE.

    THIS is what they did to metals with that BLS report. It was nothing more than a frantic torpedo job on a market that was (and still is) VERY primed to explode. Once gold gets over 1800 (and it WILL be soon. Next week, or next month, who cares) its 1900, and 2000. In ***SHORT*** order. Once its over 2000. Fucking BE WARE.
    :cry: :? :cry:

    How could your post be totally ignored? I see know one wants to see things as they really are. Go post, nice to see someone knows what is going on.

    I ignored it for a few reasons.

    1. I think the gold and silver markets are bogus markets. I'm a commodities trader (my second job, more of a part-time gig at the moment) and I have friends on Wall St who think those markets are a joke. It's a market trumped by Glenn Beck and Ron Paul, and it will eventually collapse on its own accord.

    2. I don't always buy the anti-Fed arguments. It lets the banks and Wall St. off the hook--these are the fucks who are manipulating various aspects of our economy--the markets (derivatives, anyone?), our currency, oil prices, etc. Do we not remember what has happened over the last decade or so.
    3. Housing---the banks and the mortgage lenders don't have the resources to restructure people's mortgages? Please. This is a sick joke being played on the American people. Where is Countrywide Home Loans these days?
    4. Too much Alex Jones anxiety in the post.
    5. The corporate oligarchs are the most unpatriotic Americans that we have seen, They make the robber barons look like a kid stealing a snickers at a 7-11

    If there is another collapse, this time they better lock up the bankers, hedge-find managers, and traders who cause it. if not, these people should be dragged out of their cushy offices and dragged through the streets Mussolini-style.

    Good reply. I was just going to say that Drifting sounded like Glenn Beck and leave it at that.
  • pandorapandora Posts: 21,855
    I heard this weekend that Georgia's unemployment rate is 9.2%.
    this the third straight month over 9%, so now our state emergency unemployment funds
    can come into play and provide benefits for those not employed. How much is this
    costing the state? How much as an employer will my SUTA rise to cover
    emergency funds and replace them for future needs?

    Our President has been unable to make a dent in unemployment.

    Romney claims to be able to create 12 million new jobs ...
    taking a chance on that might be the thing to do.
  • PJ_SoulPJ_Soul Vancouver, BC Posts: 50,018
    pandora wrote:
    I heard this weekend that Georgia's unemployment rate is 9.2%.
    this the third straight month over 9%, so now our state emergency unemployment funds
    can come into play and provide benefits for those not employed. How much is this
    costing the state? How much as an employer will my SUTA rise to cover
    emergency funds and replace them for future needs?

    Our President has been unable to make a dent in unemployment.

    Romney claims to be able to create 12 million new jobs ...
    taking a chance on that might be the thing to do.
    Romney will say ANYTHING. He basically pulled that number out of a hat!
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • pandorapandora Posts: 21,855
    PJ_Soul wrote:
    pandora wrote:
    I heard this weekend that Georgia's unemployment rate is 9.2%.
    this the third straight month over 9%, so now our state emergency unemployment funds
    can come into play and provide benefits for those not employed. How much is this
    costing the state? How much as an employer will my SUTA rise to cover
    emergency funds and replace them for future needs?

    Our President has been unable to make a dent in unemployment.

    Romney claims to be able to create 12 million new jobs ...
    taking a chance on that might be the thing to do.
    Romney will say ANYTHING. He basically pulled that number out of a hat!
    It's a great number! ;)
  • PJ_SoulPJ_Soul Vancouver, BC Posts: 50,018
    pandora wrote:
    PJ_Soul wrote:
    pandora wrote:
    I heard this weekend that Georgia's unemployment rate is 9.2%.
    this the third straight month over 9%, so now our state emergency unemployment funds
    can come into play and provide benefits for those not employed. How much is this
    costing the state? How much as an employer will my SUTA rise to cover
    emergency funds and replace them for future needs?

    Our President has been unable to make a dent in unemployment.

    Romney claims to be able to create 12 million new jobs ...
    taking a chance on that might be the thing to do.
    Romney will say ANYTHING. He basically pulled that number out of a hat!
    It's a great number! ;)
    :fp: :lol:
    Romney will not be able to create jobs any better than Obama can. In fact, Romney knows more about destroying them, so I'm not sure why anyone would fall for his fantastical 12 million jobs crap. What he's a really saying is that he has basically come up with a way to irradicate unemployment. He just knows that if he says it like that no one will believe him (especially given his track record). So why do people believe him when he spouts a ridiculous number?? It seems very illogical to me that anyone would look at that claim as anything other than pure garbage. I literally laughed out loud when I first heard him say that!
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • I'll just post this in response to the claims that i'm a glen beck\alex jones doom-crier ...
    oh ... and the gold market is surely a joke, but not because of corner store hucksters selling metal to ma, pa, and joe blow. ... here:

    TFMetalsReport.com
    Monday, October 8, 2012 at 11:31 am
    At the corner of Copperfield and Blaine
    Monday, October 8, 2012 at 11:31 am
    What a joke all of this is. It's all just an illusion. A manufactured theater of disbelief where the magicians convince you ignore your senses, distrust your eyes and rein in your sensibility. The current performance includes such mind-blowing feats as:

    *The U.S. stock market is fast approaching a return to all-time high levels. Not because of corporate profits or any other, fundamental driver. Nope. In a market where over 80% of all trading volume is simple High Frequency Trading and "regular" investors have fled for the "safety" of cash, the stock market has become nothing but The Greater Fool Theory, writ large. One computer buys an issue in the hope that some other computer will buy it next, at a slightly higher price. What was once the greatest, most fair market in the world has been reduced to this: No price discovery, no efficient allocation of capital. Just bullshit computer gaming.

    *For decades, the U.S treasury market rose and rallied because of a circular pattern of capital. The U.S. consumed nearly everything the world could produce and sent dollars careening around the globe in purchasing those items. Those dollars then returned to the U.S. when the producing nations purchased treasuries and were then used to finance the next subsequent, higher level of debt. It was all well and good until the music stopped. As it became clear that this couldn't go on forever, the "creditor" nations stopped buying treasuries. Faced with the prospect of rising rates and increased interest costs, official U.S. policy has become one of self-monetization. In 2013, The Fed will issue over 1,000,000,000,000 in dollar credits to the Primary Dealer banks. Those banks, in turn, will purchase treasuries at auction, thereby funding about 80% of the projected 2013 federal budget deficit.

    *How about the appearance of currency stability through relative valuation and pegging? Is the dollar getting stronger or is the euro getting weaker? Conversely, if Fed policies lead to dollar weakness, shine the media spotlight on the euro in order to help the USDX find a bid. If your currency rises against your wishes, print a bunch of it like the BOJ or maybe peg it to some other fiat like the SNB.

    The key to the game is to win the day and maintain the illusion a little longer. Future consequences be damned. All that matters is today and this week.

    And this leads us to gold and silver. The prices of these metals have been manipulated and controlled for decades. Why, you ask? Again, it's all part of the illusion. What would the metals be telling you if gold was priced at $6,000/ounce, up from $3000 two years ago? And what would this signal about inflation and the relative quality of "establishment" money? If gold was shown to be more valuable that U.S. treasuries, would the 10-year bond still be yielding under 2%? If general inflation was accurately being reported at 10%, who in their right mind would lock up funds in a 30-year treasury at 3%?

    So, here we are on this beautiful, early autumn Monday. Back on Friday, we were told that The Gold Cartel has shamelessly been allowed to create 2,500,000 ounce of gold from thin air in the time since the announcement of QE∞. Even more grotesque is the acknowledgment that, over the same time period, The Silver Cartel has created 70,000,000 ounces of paper silver. Our regulators, those arbiters of free and fair markets, simply avert their eyes to this crime in progress.

    After reviewing Friday's CoT and the latest Bank Participation Report, Ted Butler has concluded that JPMorgan alone now holds short 34,000 contracts of Comex silver. If forced to deliver, this is the equivalent of 170,000,000 ounces or about 20% of the world's production for 2012. Additionally, after excluding the amount of open interest that comes from spreads, JPM now controls (on the short side) over 33% of the entire Comex silver market. If you add in the positions of their three largest partners in crime, the size of their position rises to over 50%! Think about this for a minute...Four banks control, on the short side, over 50% of all open contracts for a globally-important, industrial and monetary metal.

    Again, the hopelessly-inept and likely-corrupt CFTC dawdles and does nothing. Can you imagine the outcry if four hedge funds managed to accumulate a 50%+ position in S&P futures? Or how would it play out if four countries had control over 50% or the crude oil market? But the CFTC turns a blind eye and does nothing.

    But allow me to wrap this up on an optimistic note. Though all of the conditions exist for a sustained and coordinated price collapse, it hasn't yet happened. Why? I see two reasons:

    1. The two, separate 30%+ price drops in silver last year both occurred when QE was ending or had ended. At this particular moment in time, The Fed has thrown the banks a curveball by the initiation of QE∞. This is about priorities and, trust me, levitating the bond market is an almost infinitely larger and more pressing concern for The Fed than assisting JPM in their ongoing manipulation of the puny, little silver market.

    2. Because of the open-ended and infinite quality to this latest QE program, demand to exchange fiat for metal in London is unwavering. Every selloff in paper has been met with increased demand for physical. As long as this continues, sustained beatdowns in price are extremely difficult to accomplish.

    So remain patient and buy the dip. Keep stacking and continue preparing. Though any quality magician can temporarily suspend your belief in reality, in the end it's all just an illusion. The laws of physics eventually trump the magicians skills just as the laws of economics will, one day soon, blunt the accumulated efforts of The Fed, the banks and their willing accomplices in government and the media.
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • pandora wrote:
    I heard this weekend that Georgia's unemployment rate is 9.2%.


    Oh.. You... "heard it," did you?

    Pray tell us, Pandora... where did you "hear" this?

    :fp:
  • markin ballmarkin ball Posts: 1,075
    pandora wrote:
    I heard this weekend that Georgia's unemployment rate is 9.2%.
    this the third straight month over 9%, so now our state emergency unemployment funds
    can come into play and provide benefits for those not employed. How much is this
    costing the state? How much as an employer will my SUTA rise to cover
    emergency funds and replace them for future needs?

    Our President has been unable to make a dent in unemployment.

    Romney claims to be able to create 12 million new jobs ...
    taking a chance on that might be the thing to do.

    I can name that tune in.....13 million jobs.
    "First they ignore you, then they ridicule you, then they fight you, then you win ."

    "With our thoughts we make the world"
  • So according to Pandora's numbers, if it wasn't for the Republican-run state of Georgia, the national jobless rate would be lower.

    How about we take the stimulus money and hire a crane to airlift it out into the ocean, drop it and be rid of the state and the people who are dragging us down?

    Who's with me?
  • whygohomewhygohome Posts: 2,305
    To Drifintgbythestorm"--one of my favorite songs, by the way.

    I did not call you Alex Jones; I simply said I don't always buy the conspiracy theory, the Fed is always to blame, explanations. I actually had a thought-out response to your post.
    I disagree with you analysis, or the analysis you copy and paste.
    That's all. I'm sure you are a smart dude; I simply disagree with your stance on this particular issue
  • pandorapandora Posts: 21,855
    So according to Pandora's numbers, if it wasn't for the Republican-run state of Georgia, the national jobless rate would be lower.

    How about we take the stimulus money and hire a crane to airlift it out into the ocean, drop it and be rid of the state and the people who are dragging us down?

    Who's with me?
    Wow is that a very racist thing to say?

    True colors... ;)
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