Sunday, 25 September 2011
While we were 'distracted'............from Rico
While we have been 'distracted' by all the pillow-biting from the talking heads of FTV and the latest shenanigans by the Useless Nitwits, something worth noting has been happening.
Gold now costs more than Platinum.
In London yesterday, about 3.1% more.
- Compare that to the past decade's average price of Platinum being 39% higher than Gold.
By 3Q of 2012 this 3.1% premium may be closer to 26%.
The LBMA (London Bullion Market Association) is looking at an average price for Gold of $2,350 compared to an average price for Platinum of $1,860 for late 2012.
Either way you slice it, it is going to take far greater amounts of Benny-bucks to buy the same ounce of Gold or Platinum...or Silver which by all accounts is much scarcer in physical form that Gold, with Supply-Demand indicating it will outperform Gold handily.
- There appears to be a global 'scramble' for physical Silver as well as a looming delivery problem on the COMEX whose vaults are almost empty of the stuff.
The Sunday Best...............
Atlas Mugged
My Choice in the GOP Presidential Primary
"What About The Children..?"
If NASA's Falling Satellite Had Hit Los Angeles...
Vladimir Putin, Lover
Libya, France, & the Hard Truth on UAS
AFN Iraq signs off with final broadcast
Excellent. We’re paying millions to dead federal workers
Saving $ with “citizen scientists”
Freedom of Religion? Calif. Couple Fined for Hosting Bible Study in Home
DOMA Repeal Bill Has First GOP Co-Sponsor
GOP: Obama regulations are killing jobs
While the diplomats haggle, deadly tensions are mounting in the nascent Palestine
Another giant defunct satellite to hit Earth in October
Plan to stop deadly bug at airports
How female 'hysteria' led to the invention of the vibrator
Obama seeks to shore up black support in jobs push
Global Bust-Up: It’s the end of the world as we know it. You shouldn’t feel fine.
£1.75 trillion deal to save the euro
Tony Blair's six secret visits to Gaddafi
Commanders ignored warnings that British troops were at risk from attack by Afghan allies
Government plans could cut a third or more off thousands of house prices
Sir Ian Botham: bring in corporal punishment and ban reality TV to save today's youth
Libyan fighters attack Gaddafi's stronghold of Sirte
and finally..........
Cortlands: It is getting to be apple season
Saturday, 24 September 2011
Global Warming: The Other Side of The Coin.............by Dan Friedman
While we’re on the subject of getting at the truth...
Clicking here will take you to an impressive list of scientists who disagree with the conventional wisdom being sold to us about “globing warming.”
Dan Friedman
NYC
Bug. Windshield. Twist. Cha-cha..............from Rico
The past two days, let's call them "Black Thriday" were painful to those of us without EBT cards.
Liquidation was in the air, and not ALL of it was voluntary.
Post Benny-of-the-FED's 'gift' to us all after the FOMC farce concluded (it matters not whether the FED does the 'Twist' the "cha-cha' or 'Salsa'...the end result will not be changed or avoided), the CME raised it's margin limits (again) today after the bell (Gold margins increased 21%, Silver 16%, and Copper 18%). This stinks (Who farted? Blythe? Jamie?). Gee, COMEX options expiry is next week! What a bleeding coincidence. Mystery explained. It's all so predictable, it's getting stale. Boring.
- Do not be distracted from the "delivery" problem developing on the COMEX. They have 'unlimited' paper, but the vaults are nearly empty of the physical stuff. There will be endless lawsuits when the paper GLD and SLV fractional scams crash and default. Greece will seem a picnic, a walk in the park, in contrast. If you're not holding the physical, you're going to be S.O.L. mateys!
Patience. Patience.
Rome did not collapse in a day!
- I remind myself that spot Gold, while it closed at a horrid 1641.60 in USD was 1295.30 a year ago today. Spot Silver, while closing at an ear-popping drop to 30.30 today, was 21.21 one year ago today. So, Silver dropped 22% in 48 hours? It is STILL up about 45% on the year. "Courage lads, courage! Stiff upper lips and all that! We can hold Rourke's Drift! Fasten that chin strap." Colour-Sgt. Bourne
Some days you're the bug. Other days, the windshield.
- This too will pass, and I look upon my $100 trillion dollar Zimbabwe banknote on the wall and am reminded that the temporary rise in the US Dollar is just that. Temporary. Fiat currencies have a short half-life, and PM's (precious metals) a 5,000 year history...or 'tradition' as Benyamin calls it. Pick what you will, but be sure to choose wisely........
Hey buddy! Wanna buy some Drachma's? Euro's maybe?
News..................
CERN vs Einstein
A bittersweet honor
Marine ads
Rick Perry Translated
Pop Goes the Middle East: Snoop Dogg Saves the Day
IMF economy warnings: Time to panic?
Obama's Westside campaign office vandalized
Miss Bikini finalists in Qingdao
Obama could still get reelected despite tumble in polls
Obama faces political problems in Florida
Gov't paid $600 million in benefits to dead people
Poll: Obama Losing Crucial Latino Votes
Obama's 'Tax the Rich' Class Warfare Is Bad Economics
Porn tycoon offers $1m for dirt on prez hopeful Perry
Gold bubble bursts
Fighting words inside Obama's White House
Stagflation: Scourge of the ’70s stalks us still
Saving Greece is just killing the euro zone
Ketchup killing proves sauce of fun for Brazilian town
The Diplomacy of September
State Lawmakers Pump Up Pensions in ways YOU Can't
Two dead, 7 injured in float plane crash on Yellowknife street
Europe’s problem is that no one knows who’s in charge
On the desert trail of Tony Blair's millions
Texas bans last meals on death row
Urgent efforts underway to recover stolen Libyan weapons from al-Qaeda
South Korea seeks world listing for Demilitarised Zone
Pakistan warns US off cross-border raid
WoW!
Every week these cats hook up each other with hot hits and big phazed cookies to peruse and then vote on their individual fancy catchers.
And now - without further adieu or a don't
Council Winners
- *First place with 2 1/3 votes! The Colossus of Rhodey–-Let me tell ‘ya something
- Second place *t* with 1 2/3 votes – Bookworm Room-Dakota Meyer; or who carries the seeds of greatness?
- Second place *t* with 1 2/3 votes – Joshuapundit-Ambassador Rice:US ‘Not Involved’ In Toning Down Language Of Pal UN Statehood Resolution
- Second place *t* with 1 2/3 votes – Right Truth-The Islamist With Absolute Power Who Could Change The World
- Second place *t* with 1 2/3 votes – The Razor-Turkey’s Most Dangerous Game
- Third place with 1 1/3 vote – The Noisy Room – Anarchist Theater- Days Of Stage
- Fourth place *t* with 1 vote – Simply Jews – Tankies giving a new job to the Green Helmet?
- Fifth place *t* with 2/3 vote – The Political Commentator – What do Barack Obama and the Edsel have in common?
- Fifth place *t* with 2/3 vote – Rhymes With Right – The Last Drive
- Fifth place *t* with 2/3 vote – VA Right! – Drats! We Are All Racists Now!
- Sixth place *t* with 1/3 vote – GrEaT sAtAn”S gIrLfRiEnD – Sea Wars
- Fourth place *t* with 1/3 vote – New Zeal – Rosa DeLauro: Still hanging With the Connecticut Communists
Non-Council Winners
- First place with 2 2/3 votes! – Barry Rubin- A New, Selective ‘Semi-Antisemitism’? Only Jews Opposing Obama Are Evil, Greedy, and Have Dual Loyalty submitted byBookworm Room
- Second place with 2 votes – Fat Man On A Keyboard – Decine and Fall submitted by Simply Jews
- Third place *t* with 1 2/3 votes -Christopher Hitchens – In Defense of Endless War submitted by GrEaT sAtAn”S gIrLfRiEnD
- Third place *t* with 1 2/3 votes -Zombie – Day of FAIL: Nationwide anti-capitalist revolution flops submitted by The Noisy Room
- Third place *t* with 1 2/3 votes -Michael Totten – Between the Green Line and the Blue Line submitted by Joshuapundit
- Third place *t* with 1 2/3 votes -Keith Hennessey – A Fundamental Fiscal Deception submitted by The Glittering Eye
- Fourth place with 1 1/3 vote -Mark Steyn – She Said What She Thought submitted by The Watcher
- Fifth place *t* with 2/3 vote -Gates of Vienna – Delegitimizing the State of Israel submitted by The Watcher
- Fifth place *t* with 2/3 vote -Big Lizards – Hypo Hypos submitted by Rhymes With Right
- Sixth place *t* with 1/3 vote -Sarah Palin – Crony Capitalism on Steroids from GE to Solyndra submitted by The Watcher
- Sixth place *t* with 1/3 vote -Ann Coulter – So A Comatose Guy Walks Into A Bar submitted by VA Right!
Friday, 23 September 2011
Stay Classy: Alec Baldwin, Progressives Attack Michelle Malkin Over Troy Davis Execution
Seriously.
You can't make this stuff up: "Alec Baldwin Attacks Michelle Malkin on Twitter."
And head over to Michelle's directly: "Calling out Alec Baldwin’s pre-SNL hide-the-tweet whitewash (Updated); Plus: Laughing at liberal hate."
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