Ed_B commented on the post, Report: FBI Agents Telling Friends & Family To ‘Avoid July 4 Celebrations’ 1 hour, 48 minutes ago
Yep, and when the homies are all packing heat, any perp trying a false flag at a public gathering is liable to get ventilated. 😉
Ed_B commented on the post, How Could Yuan Reserve Currency Status Affect Gold? – Jim Rickards 1 hour, 51 minutes ago
“You might also want to have a firm rule that anyone merely suggesting going back on a fiat system should suffer the death penalty -something like that.”
Alternatively, we could simply confiscate ALL of their gold and silver, make it illegal for them to ever own or possess such metals again, and allowing them to live out…[Read more]
Stupid robot! Apparently, it did not know anything about Asimov’s Three Laws of Robotics. If it had, that poor contractor would still be alive.
A robot may not injure a human being or, through inaction, allow a human being to come to harm.
A robot must obey orders given it by human beings except where such orders would…[Read more]
Many of us are, AJ. But if we are to use the honest money of 100+ years ago, then we should be paying the prices of that era as well. There is plenty of gold and silver for use as money but not if we include all of the price bloat caused by fiat money inflation for the past 100+ years.
Ed_B commented on the post, Three Obvious Lessons From Indonesia’s Financial Crisis 2 hours, 23 minutes ago
“Thailand was hit first when a nasty currency swing caused the economy to practically grind to a halt.”
Was this one of the pies in which George Soros had his sticky fingers? Did his currency manipulation schemes cause this to happen or set the groundwork for it? I don’t know but it would not surprise me a bit.
“This is about the…[Read more]
Ed_B commented on the post, The Financial RESET & Triple Digit SILVER — CEO Keith Neumeyer 2 hours, 39 minutes ago
The miners also do not want to go bankrupt but if silver prices remain this low for an extended time period, that is exactly what will happen to any number of them. The choice being presented to them is pretty much down to rolling over and dying or fighting back against the price-setting paper-mongers. Which will it be?
The debt market IS the place to watch for signs of the fiat paper Ponzi scheme to come unraveled because: 1) it is a HUGE market that dwarfs the stock market; and 2) it produces slimmer but regular earnings for its investors, so they are particularly sensitive to any changes in that market that further reduce their earnings.
We all know…[Read more]
Ed_B commented on the post, Bill Holter Warns “Greece is Going to Happen HERE!” 3 hours, 6 minutes ago
It looks that way to me. The ask price and the bid price for silver are usually about 10 cents different with the ask price being higher. For gold, they are typically about a dollar or so different.
Ed_B commented on the post, Bill Holter Warns “Greece is Going to Happen HERE!” 3 hours, 8 minutes ago
Which destroys the essence of a contract but, hey, maybe that’s just my opinion. What really gets me is that ninnies continue to buy these derivatives as insurance when they are virtually guaranteed never to pay off if they create too much pain by doing so. Would any of us sign a contract of that type? HELL, NO! would be the expected response.
Ed_B commented on the post, Bill Holter Warns “Greece is Going to Happen HERE!” 3 hours, 11 minutes ago
That is a fine example of piracy, IMO.
I can just imagine their TV ad: “Aarrrr, maties! Avast and all that nautical talk. Let us loan you a few quid with your car and collateral and, by thunder, we’ll be driving your car before you know what hit you!”. lol
Ed_B commented on the post, Bill Holter Warns “Greece is Going to Happen HERE!” 3 hours, 14 minutes ago
China does not sell any gold these days, probably because the price is artificially low, so it would be very interesting to find out just what gold would cost IF the Chinese were to sell any. That, IMO, would be one way to find out the true price of gold.
Ed_B commented on the post, Bill Holter Warns “Greece is Going to Happen HERE!” 3 hours, 17 minutes ago
“… the days of living on the dole there are over-they just don’t know it yet.”
If they do not know it by now, they never will. After all, they have been dangling over the financial precipice for what, 5 years now? During that time, there has been plenty of chaos in Greece to indicate what was about to happen to them.
“I’m getting…[Read more]
Ed_B commented on the post, Bill Holter Warns “Greece is Going to Happen HERE!” 3 hours, 26 minutes ago
He does not know how much the CDSs are, so uses an estimate of 10:1. There’s nothing wrong with using a standard number for an estimate so long as it is stated as an estimate and it is in line with other CDS numbers that we do know.
Personally, I am thinking that 10:1 leverage would be a minimal figure in the derivatives market, where it…[Read more]
Ed_B commented on the post, Bo Polny – Gold & Silver Paradigm Shift with Price Explosion! 3 hours, 58 minutes ago
“Come on Doc, we deserve better from you.”
Indeed we do. So, let’s get cracking and start producing some GOOD articles for others to read instead of merely complaining about their lack. It takes a lot of effort to write a good article. Doing that, whether published or not, is an eye-opener.
Ed_B commented on the post, Bo Polny – Gold & Silver Paradigm Shift with Price Explosion! 4 hours, 1 minute ago
“remember Jesus was betrayed for Silver Ag Not Gold Au”
Indeed so… 30 pieces of it. And yet, Jesus was not perceived by many as being all that big in those days, so that payment could have been considered as pocket change. It was not until years later that the truth of His life really dawned on people.
On the other hand, maybe…[Read more]
Ed_B commented on the post, Bo Polny – Gold & Silver Paradigm Shift with Price Explosion! 4 hours, 5 minutes ago
“Have a fun fourth of July weekend.”
Amen to that, Bro… with the fireworks, the BBQ grill, and on the road. Have fun AND be safe out there folks.
Ed_B commented on the post, Bo Polny – Gold & Silver Paradigm Shift with Price Explosion! 4 hours, 7 minutes ago
LOL @Ranger… look who’s talking! 😀
Ed_B commented on the post, Bo Polny – Gold & Silver Paradigm Shift with Price Explosion! 4 hours, 10 minutes ago
Such is life in the fast lane, guys and gals. It’s GREAT when things are going your way but just plain ugly when they do not. Yes, there IS a better way and that way is moderation, dollar cost averaging, and a reasonable asset allocation. This may not be as exciting but it is a MUCH better long-term strategy than the pedal-to-the- metal with…[Read more]
Ed_B commented on the post, Greece Burns & Gold Prepares To Rally- Stewart Thomson 1 day, 2 hours ago
Oh, but I DO trust in God. It’s all these %$!#@! politicians that are driving me crazy these days.
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