Saturday 18 May 2013
Magic Act or Crime Scene or New Zimbabwe?....................from Rico
It's getting difficult to determine if the 'markets' today are merely a "magic act" or a big messy "crime scene."
In the paper bullion spot market, the current "market operation" underway does NOT reflect the sale of ANY physical bullion...only of paper, and the paper bullion is increasingly being 'dumped' and abandoned (<16%> YTD) while physical bullion is setting blistering sales records.
- The COMEX "crimnal activity" is making the Central Banker's 'point' that paper fiat=good and physical bullion=bad, but is a sideshow that distracts from the fact that paper bullion is in BEAR mode and physical bullion is in a BULL mode, while providing 'cover' for a Central Bank 'juiced' fiat Dollar index and paper equities market.
The price rise in physical bullion is a major threat to Central Banks (paper fiat) and their TBTF trading proxies (paper bullion), so at any cost and at any price trying to 'manage' physical bullion via paper bullion to defend the illusion of PAPER (bullion and fiat) is a big "magic act" that belies the actual deteriorating economic fundamentals.
- Or is it a "crime scene"...the S&P500 is UP 76.9% of trading days 1Q (Huzzah! Economy is getting better!); while for the past 8 months 83% of Fridays have seen massive raids of unbacked (naked shorts) paper bullion on the COMEX?
Since "magic" is mis-direction, and "criminal" activity includes theft, figure out which the following might be...
- Note that the US produces ~40 tons of physical Gold bullion per year, but in Jan-Feb alone it exported ~103 tons of physical Gold bullion. Where it is 'going' is less interesting than where it is 'coming from' don't you think?
This Keynesian manipulative folly is leading Western economies to a place I'd call "New Zimbabwe"...a place where (as Kyle Bass dryly noted) the 'paper equity market' was the best performing of the last decade, and your 'paper fiat' winnings bought you a few eggs at the end of the game.
- A place where people now dig for physical gold nuggets so they can buy bread to eat.
The Lady and the Umbrella.......................from Rico
Despite the best efforts of this regime to turn the US Military into a Fran Sansicko gay bar, the last time I checked Marines were still Marines, and Marines do NOT use (or hold) umbrellas in the rain...not even for a Lady.
- Don't take MY word for it, take the tip from Ronald Reagan instead. Umbrella's are for LADIES.
I would strongly argue that Barry is certainly NOT a Lady.
- He just likes to be treated like one, but you'd have to ask his boyfriend Reggie Love for his view on this.
No clue Americans! (Video)...from TPC
PJTV: 'FrackNation' Film Sets Record Straight about Natural Gas Drilling and Hydraulic Fracturing
Liberals want you to believe that fracking is evil, but the film FrackNation sets the record straight about the natural gas industry and process known as hydraulic fracturing. Hear more as AlfonZo Rachel tells you the truth about critics of natural gas.
News..............
Frank Zappa Gets Down
Raindrops wash away reeling O’s fake veneer
This one is for Dusty
World's oldest water found in Canadian mine
Creator of Brave’s Merida Talks Disney Backlash
IRS Commissioner: Yeah, we staged that Lerner apology
Crime at sea: The world's most pirate-infested waters
Argghhh! The Home Of Two Of Jonah's Military Guys.. - Wow
Heidi Klum goes commando, takes tumble
Publisher Threatens Librarian With $1 Billion Lawsuit
Cardboard and duct tape boats compete in Battle of the Battleships at Ramstein
Advice Column: Ask a Deserter
Battling scandals, Obama attempts to change the subject
Porsche unveils plug-in hybrid 918 supercar
Canada and science: NRC will now only do science that promotes “economic gain”
Beyond Royalty… Even the Queen Holds Her Own Umbrella
Hate groups list
Lew was Aware of IG Investigation in March 2013
Cloaked in misinformation
‘The Incident in the Rose Garden Rain’
Pyongyang launches three short-range missiles – South
Financial Times latest Western media outlet hacked by Syrian Electronic Army
Future USS Minnesota Successfully Completes Sea Trials
Nigeria launches air raids on militant Islamists
EU to ban olive oil jugs from restaurant tables
When it rains it pours: Barack Obama suffers umbrella gaffe
Tyranny is Always Lurking Just Around the Corner
The shadow lurks as he speaks, the shadow of tyranny.
See: "Obama Says Reject Voices Warning of Tyranny."
From AmPowerBlog at 03:23 0 comments
Obama Breaches Marine Umbrella Protocol
And compare our Thug-in-Chief to America's previous president, the great George W. Bush. Well, it's no comparison really.
From AmPowerBlog at 03:18 2 comments
Friday 17 May 2013
The Kiss.................
Below the Radar: "Women of the Wall"....................from Dan Friedman
Late News..................
EagleSpeak: Want a Neutral IRS? Then do away with the IRS and the Tax Code it rides on
Legislators, Academics, Wonks, Oh My!
House votes for 37th time to repeal Obamacare
Coast Guard Recruit Likely To Make Enlisted Career Of Changing Career Fields
Obama administration sources explain Benghazi: "It's actually closer to us being idiots"
Petraeus's Objection to the Benghazi Talking Points
KUHNER: Lawless in office
Clinton WH Counsel Calls For Obama Counsel To Resign
Woodward: Don't dismiss Benghazi as a scandal
Scarborough on IRS scandal: This makes it harder to trust the government on gun background checks, doesn't it?
What Did the President Know About the IRS Scandal and When Did He Know It?
What About the Video?
How to protect your privacy on Google
TPC endorses County Executive Ed Mangano and his vision for Nassau County's future!...from TPC
Afternoon News....................
Subject to Change - Random
The Revenge of Geography: Why Mexico Matters
Suit alleges IRS seized 60 million medical records
Pakistani doctor who helped get Bin Laden was denied asylum in U.S., report reveals
CDR Salamander: Fullbore Friday
Obama Evades Question on When He Knew of IRS Actions
Argghhh! The Home Of Two Of Jonah's Military Guys.. - Meanwhile, in a different time, and a different place...
Rocket motor mystery continues to halt AMRAAM deliveries
Sharyl Attkisson on Benghazi: "The media's not always consistent in the vigor that they use to pursue a given topic"
Benghazi Narrative Shift Was Perfectly Clintonian
Royal Marines final Afghanistan homecoming
Argghhh! The Home Of Two Of Jonah's Military Guys.. - Meanwhile, over at Homer Zuckerman's farm...
Judge Upholds AZ Denying Licenses to Illegal Immigrants
Obama breaches Marine umbrella protocol
White asparagus - Spring.....................from Rico
I care not what the weatherman or the calendar have to say about it...it is now officially Spring for me!
White asparagus (weisse spargel) is a very big deal for the Germans, especially in the Spring.
- The last time I had it, was years ago in Bangkok when I went to a restaurant that catered to the German ex-pat community. The place was jammed, and everybody was excited about the airplane load of 'weisse spargel' that had just arrived and was appearing on the menu until it 'ran out.'
Yesterday I 'scored' a bundle of white asparagus locally. Having enjoyed it greatly in the past, I knew that while I liked its green cousin I 'loved' this stuff!
- I also had 'learned' from the Gasthaus chef in Bangkok that the 'secret' was to peel the hard bark/skin off the spargel before cooking it. Trust me, it makes ALL the difference.
I peeled the stalks (from the head downward) with a vegetable peeler, and boiled it in water with salt-sugar-pepper and butter to the desired tenderness.
- I topped it with a faux-hollandaise sauce of butter-lemon juice-mustard-parmesan and lemon pepper.
It turned out well, meeting or exceeding my expectations.
- The glass of Rheingau didn't hurt any, either.
So, for me, it is now officially Spring....
- And NO, this is not a picture of what I made (mine looked better, and didn't last very long, it's just to give you an 'idea' of what weisse spargel is supposed to look like when plated.