Financial topics

[aedens]

when you untangle the threads it actually makes perfect sense.

https://westernrifleshooters.wordpress. ... offensive/

The timeline and growth of the dead ring is growing faster than the idiots care to consider.

As forwarded the timeline will speak for itself. We just forwarded the facts of it.

[John]

To Vince Cate:

What's your view on the controversy that there isn't enough
gold available to cover existing contracts?

http://seekingalpha.com/article/3972219 ... -mongering

http://www.zerohedge.com/news/2016-05-0 ... n-interest

http://www.zerohedge.com/news/2016-01-2 ... e-physical

[aedens]

http://www.acting-man.com/blog/media/20 ... rket-2.png

Matches the chart above as paper rich and starving dead and yes the gold was sold also.
Welcome to the Austrian crack up boom. It may not be considered incorrect on why the
asset flows have to be this way as explained.

As noted:

Fisher noted inflationary expectations induced. Hume called it induction and even before this we commented on Kopernicus monetary construct that was delayed for decades before being released. Going forward the MENA construct will Confederate also going forward. The Children of Hagar need to understand the people of the Book are not the issue here. We have been waiting for this for some time. Level two asset accumulation we noted should be maintained for generational capital realities. Many will not understand this so just keep walking in the correct direction. Mon Sep 24, 2012 12:40 am

H: I don't believe economic growth is purely a process based on growing inputs and efficiencies of knowledge, resources, and labor, though that's what it appears to be on the surface so long as the social and political systems are in alignment. Once one of those 3 items irreversibly falters within this particular social and political construct, the social and political system will likely need be reconfigured in order to remove the underlying reason for the failure. Mon Sep 24, 2012 1:28 am

Agree H

depending on to what extent it is needed and resisted. NGDP What this means is simple, yet tragic: the Fed will continue increasing its 10 Yr equivalents by roughly 12% (of the total market) per year, for at least the next 3 years, at which point it will own 60% of the entire Treasury market. It means that the Fed will monetize all gross long-term issuance every year for the next 3 years, while leaving the ZIRP paper, ala that maturing under 3 years, and yielding negative return in real terms to the Direct and Indirect investors with its blessings, as all sub-3 Year TSYs in inventory become the equivalent of cash (albeit with a maturity date). Mon Sep 24, 2012 2:51 am

We recently have seen who bought that recently, it was to be expected.

Religion that God our Father accepts as pure and faultless is this: to look after orphans and widows in their
distress and to keep oneself from being polluted by the world. James 1:27

Then His wrath will be poured out on the Earth to judge those who have rejected Him.

It was said to pick one item. I find the irony is beyond words.

http://gulfnews.com/news/uae/society/du ... -1.1828673

[aedens]

http://www.gata.org/node/16456

=======================================
http://freebeacon.com/national-security ... ian-donor/
http://www.zerohedge.com/news/2016-05-1 ... -its-hands

mic meat is on the table again

god help us who fear him alone

[vincecate]

To Vince Cate:

What's your view on the controversy that there isn't enough
gold available to cover existing contracts?

From time to time people come out with stories like this and I suspect it is really just trying to drive up the price of gold.

You can have options that are hedged with other options so you can get more contracts than there is physical without really being naked. The algorithms trading are very good at making combinations of options that offset the risk of some other option that they can then sell for a thin profit. For an algo this is much cheaper than buying the underlying thing. The same leverage that speculators like is also good for the algos generating the options.

Imagine someone is offering what is really a high price for a call option if GLD goes over 150. If an algo can buy a call with a strike at 140 or at 160 for a good/low price then it can mostly hedge the risk of the 150 and so sell that option for the high price offered and on average make money. The guys writing these stories look at these 2 different options and say there is no gold for these, but really one of these is hedging the other. They will not both be exercised for gold at the end of the term, one will cover the other.

Anyway, I doubt there is really something to get excited about there.

[aedens]

If the paper claim is fraud they lead society to ruin.

http://girlsjustwannahaveguns.com/bible ... ou-in-awe/

institutionalized the potential for catastrophe

http://traubman.igc.org/resistnot.htm

The impenitent thief is a character described in the New Testament account of the Crucifixion of Jesus. In the Gospel narrative, two criminal bandits are crucified alongside Jesus. In the earliest accounts, they join the crowd in mocking him. In the version of the Gospel of Luke, however, one taunts Jesus about not saving himself, while the other (known as the penitent thief) asks for mercy.

In apocryphal writings, the impenitent thief is given the name Gestas, which first appears in the Gospel of Nicodemus, while his companion is called Dismas. Pious folk beliefs later embellished that Gestas was on the cross to the left of Jesus and Dismas was on the cross to the right of Jesus. In Jacobus de Voragine's Golden Legend, the name of the impenitent thief is given as Gesmas. The impenitent thief is sometimes referred to as the "bad thief" in contrast to the good thief.

The apocryphal Arabic Infancy Gospel refers to Gestas and Dismas as Dumachus and Titus, respectively. According to tradition - seen, for instance, in Henry Wadsworth Longfellow's The Golden Legend - Dumachus was one of a band of robbers who attacked Saint Joseph and the Holy Family on their Flight into Egypt.


Victims and Justice always meet. One chose wisely even in the darkest moments. Seek justice only. I consider capital punishment the least of our problems at times since the monopoly of violence in needed for those who seek harm to others.

We know that the English common-law courts traveled the Atlantic Ocean and appeared in the early American colonies. We also know that the church and the court of equity rode the same ships. Apparently there used to be two different courthouses: One of the court of law (the King’s court), and one of equity (the church’s court).
Eventually, the courthouses were combined, and a single judge could hear each type of case. Yet, the issues of law and equity still exist to this day.

When Iran and China were negotiating with the Taliban, to run a pipeline through Afghanistan, the US solved the problem with 9/11.
All that Russia needs to do, is to have their own 9/11 moment, blame the Georgian and Azerbaijani Terrorists, and prosecute them in a "War on Terror".

The complexity of pipeline politics and the web of pipeline routes can be confusing, but suffice it to say the Turkish-Greece-Italy route has won out, through the TANAP and TAP pipelines. On May 17, TAP broke ground in Thessaloniki, Greece. Construction will take several years, but when the $45 billion project is completed in 2020, it will deliver 10 billion cubic meters per year of natural gas from the Caspian Sea to Europe.
Greek Prime Minister Alexis Tsipras was in attendance for the groundbreaking event, as were top officials from Georgia, Azerbaijan, Albania, the EU and even the U.S. State Department. Each have their own reasons for supporting the project. The project developers – BP, the Azerbaijan state-owned oil company SOCAR, and others – obviously have direct profit motives in mind. The national governments see economic opportunities through construction and transit fees. For Greece, in particular, the EU sees TAP as providing an economic stimulus to the indebted nation at a time when debt negotiations continue to torment both sides.

From the perspective of the U.S. government, TAP will reduce Europe’s dependence on and vulnerability to Russia; in essence, it is a major geopolitical victory. U.S. Secretary of State John Kerry, in a congratulatory letter to Greece’s Prime Minister, said that TAP is a “prime example of infrastructure that enhances European energy security.”

The southern front called Greece and yes it was already seen.

There will be no middle class, only rulers and the servants. All laws will be uniform under a legal system of world courts practicing the same unified code of laws, backed up by a One World Government police force and a One World unified military to enforce laws in all former countries where no national boundaries shall exist. The system will be on the basis of a welfare state; those who are obedient and subservient to the One World Government will be rewarded with the means to live; those who are rebellious will simple be starved to death or be declared outlaws, thus a target for anyone who wishes to kill them.

"I am sending you out like sheep surrounded by wolves, so be wise as serpents and innocent as doves."

[Higgenbotham]

The governments really can't sustain anything and Bernanke wasn't born smarter than 99.9% of all people, maybe not over 50%. People are in positions like this for reasons other than brains. In any case, his philosophy is that if something is bankrupt, you might as well see how bankrupt you can get it before it collapses.

Exactly my thought this morning (the underlined part).

[vincecate]

Saudi Arabia is starting to come apart, and with its unscheduled rapid disassembly, the Industrial Age will come to an end.

While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

Saudi Arabia Admits To A Full-Blown Liquidity Crisis: Will Pay Government Contractors With IOUs, Debt
http://www.zerohedge.com/news/2016-05-1 ... ctors-ious

[gerald]

Ah yes -- the cream comes to the top -- and running for president is - Burnie Sanders --yea!

http://www.thegatewaypundit.com/2016/02 ... il-age-40/

"Bernie Sanders a Bum Who Didn’t Earn His First Steady Paycheck Until Age 40 Then Wormed His Way Into Politics"

"What a shock.
Bernie Sanders was a bum who didn’t earn a steady paycheck until he was 40 years old. He was a slob who lived in a shack with a dirt floor. He later wrote about masturbation and rape for left-wing rags for $50 a story. The Socialist then wormed his way into politics."

"Sanders lists no assets in his name. All the assets provided in his financial disclosure form are his second wife’s. He does, however, have as much as $65,000 in credit-card debt."

nice

[Centaura]

In 2015, Apple’s revenue rose to almost $233.7 billion with 28% growth over fiscal year 2014. Apple’s 2015 net income was $53.4 billion, 35% more than its 2014 net income of $39.5 billion. However, AAPL stock fell -2.8% in 2015, failing to outperform in the broader market as investors kept selling their Apple stocks due to decelerating iPhone sales. For 2016, analysts expect revenue to fall to $227.4 billion with a predicted 2.7% revenue decline.

Source:AAPL Stock