Sunday, 29 January 2012
Silver. COMEX.................from Rico
There are a LOT of 'paper' Silver contracts out there right now.
- The 'physical' Silver vaults are almost empty though.
There are 49,436 contracts with COMEX currently open for the next delivery month for Silver (March 2012). Each contract represents 5,000 ounces. That = 247.18 million ounces of Silver being traded for March delivery against a COMEX registered warehouse of 36.56 million ounces. Huh?
This is a leverage of almost 7:1.
- Ooooops.
Since most contracts are speculative and get 'settled' for cash, this 'works' (as long as you do not stand for delivery of physical). COMEX (aka CRIMEX) is NOT where you go for large deliveries of physical Silver these days...but, wheel barrows of paper cash? No problemo!
- But, if you get on the wrong side of this trade, you won't be shopping for Fwench Chateau's like John Corzine recently did.
The 'failure' of Corzine's MF Global and the blatant cheating of the customers (before and after the fact) will now only accelerate the process of failure and the increasing irrelevancy of the CME/COMEX in the marketplace that has already begun.
While "got Gold?' is a good question to ask today, it may be even MORE important to ask "got Silver?"
Video: Feminists Take It Off in Topless Protest at Davos, Switzerland
These women know how it's done!
See: "More Topless Ukrainian Protest Ladies!"
Saturday, 28 January 2012
Quote for the Day................
"The inherent vice of capitalism is the unequal sharing of blessing; the inherent virtue of socialism is the equal sharing of miseries"
Winston Churchill
H/T Amnon
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.
Without further adieu - (or a don't) here are this weeks winners
Council Winners
- *First place with 3 2/3 votes! The Mellow Jihadi – Lance Corporal Donald Hogan, Marine Hero
- Second place with 3 1/3 votes – The Right Planet- Are We a Democracy?
- Third place with 1 2/3 votes – Joshuapundit- Obama’s State Of The Union – The Hollow Man
- Fourth place *t* with 1 vote – The Colossus of Rhodey-What the Gingrich South Carolina victory could mean
- Fourth place *t* with 1 vote – The Glittering Eye-You Be the Judge
- Fifth place *t* with 2/3 vote – The Noisy Room-Revolution Moves Into The Overton Window
- Fifth place *t* with 2/3 vote – The Razor-A Tale of Two Disasters: The Titanic and the Costa Concordia
- Sixth place *t* with 1/3 vote – Bookworm Room –War is not, and should not be, sporting
- Sith place *t* with 1/3 vote – GrEaT sAtAn”S gIrLfRiEnD – Going All The Way
- Sixth place *t* with 1/3 vote –Simply Jews – Timothy Bancroft-Hinchey vs FUKUS
- Sixth place *t* with 1/3 vote – Rhymes With Right – Am I Wrong To Be Troubled Here?
- Sixth place *t* with 1/3 vote – The Political Commentator – Doing away with the Electoral College! One man, one vote and majority wins!
Non-Council Winners
- First place with 2 2/3 votes! –Family Security Matters- Muslim Children in America are Being Taught to Hate submitted by The Political Commentator
- Second place with 2 votes – Mark Steyn – The Sinking Of The West submitted by Joshuapundit
- Third place *t* with 1 1/3 votes – Sultan Knish So You Want a Revolution… submitted by The Noisy Room
- Third place *t* with 1 1/3 votes - Yourish.Com–TANSTAAFL submitted by Simply Jews
- Third place *t* with 1 1/3 votes - Right Wing News –The Worst People In Politics Aren’t Racists submitted by The Mellow Jihadi
- Fourth place *t* with 1 vote - The Foundry –1,000 Days Without a Budget: Facts on the Senate’s Failure submitted by The Colossus of Rhodey
- Fourth place *t* with 1 vote -The Compass – An Iran Attack Would Succeed, Then What? submitted by GrEaT sAtAn”S gIrLfRiEnD
- Fifth place *t* with 2/3 vote -Gay Patriot –SOTU: Obama’s last chance to change tone submitted by Right Truth
- Fifth place *t* with 2/3 vote -The New Atlantis –The Global War Against Baby Girls submitted by The Watcher
- Fifth place *t* with 2/3 vote -James Taranto/Best of the Web–The Genetic Fallacy submitted by The Glittering Eye
- Sixth place *t* with 1/3 vote -Zero Hedge –Obama Puppetmaster Warren Buffett Biggest Winner From Keystone Pipeline Rejectionsubmitted by The Razor
- Sixth place *t* with 1/3 vote -Cabinet –The Behavioral Sink submitted by The Watcher
- Sixth place *t* with 1/3 vote -Polipundit –Why Newt should not be the nominee submitted by Rhymes With Right
- Sixth place *t* with 1/3 vote - Accuracy In Media –The FOX News Feminists submitted by New Zeal
Not my Father's market or economy anymore..............from Rico
There are still two market days left for January 2012, so don't close the books just yet.
And, be mindful of the absolute beating Gold and Silver endured in December 2011 while you're at it.
- There's still enough time for JPM & Co. to create an algorithm-driven "raid" by issuing massive paper naked 'shorts' on the precious metals (Gold-Silver). Not like they haven't done this before.....
That said, YTD...January to date....Gold is +10.8% and Silver +22%.
- Your average Joe Shmukatelli (or pension fund for that matter) can't say the same thing for his portfolio. Not even close, and this surely ain't horse shoes!
Bonds? Federal Reserve Notes? hahahahahahahahahahahahahaha......
- In case you didn't 'notice' Barry and Benny and Timmy have declared war on savers (anyone left with a pocket worth 'picking'). It's not my Father's 'market' or 'economy' anymore. The 'game' has changed.....
2011.............from Rico
It's worthwhile remembering way back to 2009 when the talking heads and teleprompter readers were seeing "green shoots of recovery" all over the place.
Yeah.
- Riiiiiight.
It turns out that 2011 was the worst year on record for US housing sales since....since records started being kept.
Idiots or clueless clowns?
- No matter. The end result is the same.
And they keep expecting people to 'trust' them and 'believe' them.
- And, roughly half the people will...they also report Elvis sightings regularly, too.
The Bear...........
A priest, a Pentecostal preacher, and a rabbi all served as chaplains to the students at the University of Minnesota-Duluth. They would get together two or three times a week for coffee and to talk shop. One day, someone made the comment that preaching to people isn't really all that hard. A real challenge would be to preach to a bear. One thing led to another and they decided to do an experiment. They would all go out into the woods, find a bear, preach to it, and attempt to convert it.
Seven days later, they're all together to discuss their experience.
Father Flannery, who has his arm in a sling, is on crutches and has various bandages on his body and limbs, goes first. "Well," he says, "I went into the woods to find a bear. And when I found him I began to read to him from the catechism. Well, that bear wanted nothing to do with me and began to slap me around. So I quickly grabbed my holy water, sprinkled him and, Holy Mary Mother of God, he became as gentle as a lamb. The bishop is coming out next week to give him first communion and confirmation."
Reverend Billy Bob spoke next. He was in a wheelchair, with an IV drip in his arm and both legs in casts. In his best fire and brimstone oratory he exclaimed, "WELL, brothers, you KNOW that we don't sprinkle! I went out and I FOUND a bear. And then I began to read to my bear from GOD'S HOLY WORD! But that bear wanted nothing to do with me. So I took HOLD of him and we began to wrestle. We wrestled down one hill, UP another and DOWN another until we came to a creek. So I quickly DUNKED him and BAPTIZED his hairy soul. And just like you said, he became as gentle as a lamb. We spent the rest of the day praising Jesus."
The priest and the reverend both looked down at the rabbi, who was lying in a hospital bed. He was in a body cast and in traction, with monitors, and tubes running in and out of him. He was in real bad shape.
The rabbi looks up and says, "In retrospect, the best way to start may not have been circumcision."
H/T Bob C
The "Narrative" Killer.............by Dan Friedman
If only the truth mattered. But during a pandemic of Jew-hatred such as we are (re)-experiencing today, it doesn’t. The fever grows and builds to a frenzy, sweeping aside logic and sanity in its path. And that’s the way it’s been for thousands of years – until now. The Jewish state is 64-years-old and has been blessed with awesome power and assigned to protect the Jews and stop the age-old madness in its tracks. The only question now is whether Israel has the will to carry out the mission. We should have our answer before the year is out. Hold on tight. History is going to change, or it’s going to repeat itself.
A return to Andalusia
Dan Friedman
NYC
Video: Asfour with the Iranian reactor at the Institute
Needs subtitles on.
Israeli TV ad humor presses Iran's buttons
H/T Christopher R
News...............
Greens in the money
BLACKFIVE: The defense budget
Rapid Fire 2012-01-27: FY13 DoD Budget Guidance
Hamas quietly quits Syria as violence continues
CDR Salamander: The Potemkin LCS Deployment ... again
This Week at War: Winners and Losers of the Defense Budget
No Special Operations Bases in Turkey, Pentagon Officials Say
Cuban Communists to consider term limits for leaders
St. Louis to host first major parade for Iraq War vets
CDR Salamander: Well, we got there eventually....
Obama's State of the Union Flop by Charles Krauthammer
Grandchildren of John Tyler, America's 10th president, are still alive
Georgia Ballot Challenge: Obama Walks On By
Poll: Most believe SCOTUS should reject health insurance mandate
As The State of the Union Speech Shows: The Problem with Obama Isn’t Just Political or Ideological, It’s Ignorance, Inexperience, Character, and Incompetence, Too,
Is Anybody Serious? by Thomas Sowell
What the Hell? 9 Year Old's Being Married? In Britain?
Obama Fanatic Threatened to Kill Arpaio
Once Again, Our Government Finds Itself Clueless
Denying Islamists Federal Security Clearances
Egyptian Court Refuses to Return Kidnapped Christian Girl to Family
SEIU: Myopic Greed
Drugs, the teenager found murdered on the Queen's estate and how the Baltic Mafia is terrorising one of Britain's oldest market towns It's not called Wisbeckistan for nothing.
General David Richards: Afghan campaign was woeful
Iran moving closer to stage where it will be too late to destroy nuclear facilities, Israel warns
Syria: claims of 'racial cleansing' as 14 family members are killed
David Cameron and President Hamid Karzai to sign agreement on Afghanistan's future
Braving Burundi: extract from Crazy River
US building 'mothership' for launching Navy Seal raids
Nigerian violence: Police disappear as Boko Haram brings terror to the streets
Nicolas Sarkozy and Hamid Karzai to push for early Afghanistan handover
Norway apologises for deportation of Jews during Second World War
Dmitry Medvedev 'should have done more to support Vladimir Putin presidential campaign'
Resistant Bacteria: Antibiotics Prove Powerless as Super-Germs Spread
'Muslim taxi' offers gender-segregated rides
German engineer kidnapped in Nigeria
A giant awakes
Political optimist: Venezuelan leader looks to 2031
'US bunker-busters can't destroy some Iran nuke plants'
Defense budget plan doesn't cut as deeply as Pentagon says
Advice to Sarah Palin from an Ardent Admirer re Establishment Republicans and Tea-Partiers re Gingrich and Romney
Silver..................from Rico
Spot silver closed today at $33.85/oz. One year ago today it was $27.08/oz.
- Well...paper Silver anyway. Try finding any physical Silver, and if you can expect to pay a 'premium' over this artificially low and heavily-manipulated 'spot'...and be a good sport and let Eric Sprott where you found your Silver, would you? With production rates falling, and demand rising, he's having one heck of a time getting his hands on the physical stuff. I rather admire him for his efforts, and for being honest into the bargain...it's much harder to acquire and hold physical [PHYS, PSLV] than it is for the crooks he's competing with [GLD, SLV] who can so easily create paper holdings with a computer-keystroke.
Meanwhile, those of us who aren't billionaires like Eric are buying American Silver Eagles and Canadian Maple Leafs as fast as possible.
- Look at these charts of domestic mine production and domestic demand for Silver coins and decide for yourself where this is headed.
Friday, 27 January 2012
Sizzling Model Luisana Lopilato Stars in Ultimo's Valentine's Day Lingerie Campaign
Not kidding guys.
This is one of the hottest photo spreads I've seen in a while. This woman is unbelievably hot.
See: "Smokin' Luisana Lopilato Valentine's Day Lingerie Photo Shoot for UK's Ultimo."
Hit me again.........from Rico
Too big to fail (TBTF)?
Oh, yeah, hit me again!
- Except. the ONLY guy not in line is YOU!
Figured it out yet?
Must Reads!!
- White Paper: DoD’s Defense Budget Priorities and Choices (PDF)
- Fred Kagan: Military must invest in troops, not tech
- Israel senses bluffing in Iran’s retaliation threats
- Wings Over Iraq: World Updates and Defense Brief
- AEI: The Iranian Nuclear Program: Timelines, Data, Estimates
- Dozens killed in fighting throughout Syria
- GsGf: Myth of American Decline
- Shadi Hamid: West must consider intervention in Syria now
- Clinton: State Dept to start drawing-down in Afghanistan
- Afghan negotiators believe Taliban willing to soften
- Rebel militias still dominate Tripoli streets
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