Dollar Index still very strong. This could get exciting.......
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>All PM's were way up this morning @ 4am CST. WTF happened? >>
They went down real fast Sorry couldn't help myself. I'm hoping its just the correction of the move from 33 to 40. Looks like a 0.618 which is normal for a wave 2 correction. If that is correct then silver should move quickly higher the rest of the week.
<< <i>All PM's were way up this morning @ 4am CST. WTF happened? >>
They went down real fast Sorry couldn't help myself. I'm hoping its just the correction of the move from 33 to 40. Looks like a 0.618 which is normal for a wave 2 correction. If that is correct then silver should move quickly higher the rest of the week. >>
Dude, I hope you're right on that call. This "after hours" trade #@!$ ain't helping me a bit. I 'm not asking for a whole lot either, dang. Just 5 minutes at 39 after opening this am was all I wanted!!
Do your best to avoid circular arguments, as it will help you reason better, because better reasoning is often a result of avoiding circular arguments.
<< <i>All PM's were way up this morning @ 4am CST. WTF happened? >>
They went down real fast Sorry couldn't help myself. I'm hoping its just the correction of the move from 33 to 40. Looks like a 0.618 which is normal for a wave 2 correction. If that is correct then silver should move quickly higher the rest of the week. >>
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>All PM's were way up this morning @ 4am CST. WTF happened? >>
They went down real fast Sorry couldn't help myself. I'm hoping its just the correction of the move from 33 to 40. Looks like a 0.618 which is normal for a wave 2 correction. If that is correct then silver should move quickly higher the rest of the week. >>
Markexxxatch reposts Consumer Prices up .4% in April. Thank God the gummint says there is no inflation!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
$71.50 to fill up last night says that there is inflation, whether Bennie and Timmy say so or not.
Are inflation and deflation the only causes of price changes? Or, sometimes, do changes in levels of supply and demand have anything to do with price changes?
Follow up question: if the price of gas were to decline to under $3 per gallon in the next couple of years, would we then conclude that there was monetary deflation?
<< <i>$71.50 to fill up last night says that there is inflation, whether Bennie and Timmy say so or not. Are inflation and deflation the only causes of price changes? Or, sometimes, do changes in levels of supply and demand have anything to do with price changes? Follow up question: if the price of gas were to decline to under $3 per gallon in the next couple of years, would we then conclude that there was monetary deflation? >>
For commodities there's also speculative play in the future's markets, derivatives speculation, hoarding, shortages based on weather and/or natural disasters, embargoes, tax hikes, wars, etc. The price of Cocoa soared recently when the world's leading cocoa producer (Ivory Coast) fell into political turmoil and insurrection.
These days, it seems the speculation has far more to do with prices than the actual or perceived supply/demand curve.
Gas prices can fall even while monetary inflation is still ramping up (such as right now). There was a brief dip in monetary inflation (based solely on M1, M2, M3) a couple of years ago. But I think if one dug deeper they'd probably find that below the surface, unregulated pools of credit and debt creation far outweighed any published monetary aggregate reduction. Even while M1, M2, M3 were shrinking for a short time 2 yrs ago, M0 was jacked up 117% which allowed the banks to keep speculating on their own accounts. While they were still thinking in an inflationary mode, J6P was hunkered down in deflation. If the govt wanted to dump oil/gas prices without any external impetus, they could just perform an oil swap like they did in 2008. In essence they dumped a load of refined WTIC out of the national reserves and took back unrefined crude in it's place. It instantly drove WTIC prices down. Once the dump was complete it was easy to make the reverse swap to restore refined levels to their previous state.
Metals still doing the Hanes Maneuver...... . Creeping up!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
----- Forwarded Message ----- Subject: High School 1957 vs 2011
HIGH SCHOOL 1957 VS 2011
Scenario 1:
Jack goes quail hunting before school and then pulls into the school parking lot with his shotgun in his truck's gun rack.
1957 - Vice Principal comes over, looks at Jack's shotgun, goes to his car and gets his shotgun to show Jack.
2011 - School goes into lock down, FBI called, Jack hauled off to jail and never sees his truck or gun again. Counselors called in for traumatized students and teachers.
Scenario 2:
Johnny and Mark get into a fist fight after school.
1957 - Crowd gathers. Mark wins.. Johnny and Mark shake hands and end up buddies.
2011 - Police called and SWAT team arrives -- they arrest both Johnny and Mark. They are both charged with assault and both expelled even though Johnny started it.
Scenario 3:
Jeffrey will not be still in class, he disrupts other students.
1957 - Jeffrey sent to the Principal's office and given a good paddling by the Principal. He then returns to class, sits still and does not disrupt class again. 2011 - Jeffrey is given huge doses of Ritalin. He becomes a zombie. He is then tested for ADD. The school gets extra money from the state because Jeffrey has a disability.
Scenario 4:
Billy breaks a window in his neighbor's car and his Dad gives him a whipping with his belt..
1957 - Billy is more careful next time, grows up normal, goes to college and becomes a successful businessman. 2011 - Billy's dad is arrested for child abuse. Billy is removed to foster care and joins a gang. The state psychologist is told by Billy's sister that she remembers being abused herself and their dad goes to prison. Billy's mom has an affair with the psychologist.
Scenario 5:
Mark gets a headache and takes some aspirin to school.
1957 - Mark shares his aspirin with the Principal out on the smoking dock.
2011 - The police are called and Mark is expelled from school for drug violations His car is then searched for drugs and weapons.
Scenario 6:
Pedro fails high school English. 1957 - Pedro goes to summer school, passes English and goes to college.
2011 - Pedro's cause is taken up by state. Newspaper articles appear nationally explaining that teaching English as a requirement for graduation is racist. ACLU files class action lawsuit against the state school system and Pedro's English teacher. English is then banned from core curriculum. Pedro is given His diploma anyway but ends up mowing lawns for a living because he cannot speak English.
Scenario 7:
Johnny takes apart leftover firecrackers from the Fourth of July, puts them in a model airplane paint bottle and blows up a red ant bed.
1957 - Ants die.
2011 - ATF, Homeland Security and the FBI are all called. Johnny is charged with domestic terrorism. The FBI investigates his parents -- and all siblings are removed from their home and all computers are confiscated. Johnny's dad is placed on a terror watch list and is never allowed to fly again.
Scenario 8:
Wally falls while running during recess and scrapes his knee. He is found crying by his teacher, Nancy. Nancy hugs him to comfort him.
1957 - In a short time, Wally feels better and goes on playing. 2011 - Nancy is accused of being a sexual predator and loses her job. She faces 3 years in State Prison... Wally undergoes 5 years of therapy.
This should hit every email in box to show how stupid we have become!!!
Yup. The markets open in Asia in a little over six hours.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Are inflation and deflation the only causes of price changes? Or, sometimes, do changes in levels of supply and demand have anything to do with price changes?
Answer - no.
Follow up question: if the price of gas were to decline to under $3 per gallon in the next couple of years, would we then conclude that there was monetary deflation?
Answer - no.
Follow up question to the follow up question: if the large central bank cartel receives a $787 billion bailout (which actually runs up over $800 billion), is that money actually being created or is it simply "filling a gap" for the money that the bankers stole and misappropriated?
If the money is simply filling a gap, is the debt which was monetized by the Fed in order to pay the bailouts actually owed by the citizens of the US?
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>Yup. The markets open in Asia in a little over six hours. >>
<drum roll>
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Comments
<< <i>
<< <i>It's baaaaaaack!!!!!!
<< <i>You called?
>>
>>
Wheeeeee!
Finally starting to make its run.
<< <i>Green is good!
You should see my refrigerator........
<< <i>
<< <i>Green is good!
You should see my refrigerator........
My toes, and my lawn.
<< <i>
<< <i>
<< <i>It's baaaaaaack!!!!!!
<< <i>You called?
>>
>>
Wheeeeee! >>
Liberty: Parent of Science & Industry
<< <i>All PM's were way up this morning @ 4am CST. WTF happened?
They went down real fast
<< <i>
<< <i>All PM's were way up this morning @ 4am CST. WTF happened?
They went down real fast
Dude, I hope you're right on that call. This "after hours" trade #@!$ ain't helping me a bit. I 'm not asking for a whole lot either, dang. Just 5 minutes at 39 after opening this am was all I wanted!!
<< <i>
<< <i>All PM's were way up this morning @ 4am CST. WTF happened?
They went down real fast
Ummm, not!!
We!
Having!
Fun!
Yet??????????????????????????
<< <i>
<< <i>
<< <i>All PM's were way up this morning @ 4am CST. WTF happened?
They went down real fast
Ummm, not!! >>
I was hoping
Thank God the gummint says there is no inflation!
I knew it would happen.
<< <i>It's only down a nickel as of 8pm Sunday night. I'm still holding my breath.
You can stop holding your breath..it's down $.40 now.
It's best to sit back, relax and wait for the inevitable upward trend and then jump back in. (PS I just hope I live that long )
Are inflation and deflation the only causes of price changes? Or, sometimes, do changes in levels of supply and demand have anything to do with price changes?
Follow up question: if the price of gas were to decline to under $3 per gallon in the next couple of years, would we then conclude that there was monetary deflation?
Liberty: Parent of Science & Industry
<< <i>$71.50 to fill up last night says that there is inflation, whether Bennie and Timmy say so or not.
Are inflation and deflation the only causes of price changes? Or, sometimes, do changes in levels of supply and demand have anything to do with price changes?
Follow up question: if the price of gas were to decline to under $3 per gallon in the next couple of years, would we then conclude that there was monetary deflation? >>
For commodities there's also speculative play in the future's markets, derivatives speculation, hoarding, shortages based on weather and/or natural disasters, embargoes,
tax hikes, wars, etc. The price of Cocoa soared recently when the world's leading cocoa producer (Ivory Coast) fell into political turmoil and insurrection.
These days, it seems the speculation has far more to do with prices than the actual or perceived supply/demand curve.
Gas prices can fall even while monetary inflation is still ramping up (such as right now). There was a brief dip in monetary inflation (based solely on M1, M2, M3) a couple of
years ago. But I think if one dug deeper they'd probably find that below the surface, unregulated pools of credit and debt creation far outweighed any published monetary
aggregate reduction. Even while M1, M2, M3 were shrinking for a short time 2 yrs ago, M0 was jacked up 117% which allowed the banks to keep speculating on their own
accounts. While they were still thinking in an inflationary mode, J6P was hunkered down in deflation. If the govt wanted to dump oil/gas prices without any external impetus,
they could just perform an oil swap like they did in 2008. In essence they dumped a load of refined WTIC out of the national reserves and took back unrefined crude in it's place.
It instantly drove WTIC prices down. Once the dump was complete it was easy to make the reverse swap to restore refined levels to their previous state.
roadrunner
.
Creeping up!
----- Forwarded Message -----
Subject: High School 1957 vs 2011
HIGH SCHOOL 1957 VS 2011
Scenario 1:
Jack goes quail hunting before school and then pulls into the school parking lot with his shotgun in his truck's gun rack.
1957 - Vice Principal comes over, looks at Jack's shotgun, goes to his car and gets his shotgun to show Jack.
2011 - School goes into lock down, FBI called, Jack hauled off to jail and never sees his truck or gun again. Counselors called in for traumatized students and teachers.
Scenario 2:
Johnny and Mark get into a fist fight after school.
1957 - Crowd gathers. Mark wins.. Johnny and Mark shake hands and end up buddies.
2011 - Police called and SWAT team arrives -- they arrest both Johnny and Mark. They are both charged with assault and both expelled even though Johnny started it.
Scenario 3:
Jeffrey will not be still in class, he disrupts other students.
1957 - Jeffrey sent to the Principal's office and given a good paddling by the Principal. He then returns to class, sits still and does not disrupt class again.
2011 - Jeffrey is given huge doses of Ritalin. He becomes a zombie. He is then tested for ADD. The school gets extra money from the state because Jeffrey has a disability.
Scenario 4:
Billy breaks a window in his neighbor's car and his Dad gives him a whipping with his belt..
1957 - Billy is more careful next time, grows up normal, goes to college and becomes a successful businessman.
2011 - Billy's dad is arrested for child abuse. Billy is removed to foster care and joins a gang. The state psychologist is told by Billy's sister that she remembers being abused herself and their dad goes to prison. Billy's mom has an affair with the psychologist.
Scenario 5:
Mark gets a headache and takes some aspirin to school.
1957 - Mark shares his aspirin with the Principal out on the smoking dock.
2011 - The police are called and Mark is expelled from school for drug violations His car is then searched for drugs and weapons.
Scenario 6:
Pedro fails high school English.
1957 - Pedro goes to summer school, passes English and goes to college.
2011 - Pedro's cause is taken up by state. Newspaper articles appear nationally explaining that teaching English as a requirement for graduation is racist. ACLU files class action lawsuit against the state school system and Pedro's English teacher. English is then banned from core curriculum. Pedro is given His diploma anyway but ends up mowing lawns for a living because he cannot speak English.
Scenario 7:
Johnny takes apart leftover firecrackers from the Fourth of July, puts them in a model airplane paint bottle and blows up a red ant bed.
1957 - Ants die.
2011 - ATF, Homeland Security and the FBI are all called. Johnny is charged with domestic terrorism. The FBI investigates his parents -- and all siblings are removed from their home and all computers are confiscated. Johnny's dad is placed on a terror watch list and is never allowed to fly again.
Scenario 8:
Wally falls while running during recess and scrapes his knee. He is found crying by his teacher, Nancy. Nancy hugs him to comfort him.
1957 - In a short time, Wally feels better and goes on playing.
2011 - Nancy is accused of being a sexual predator and loses her job. She faces 3 years in State Prison... Wally undergoes 5 years of therapy.
This should hit every email in box to show how stupid we have become!!!
I have a very strict gun control policy: if there's a gun around, I want to be in control of it - Clint Eastwood
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Answer - no.
Follow up question: if the price of gas were to decline to under $3 per gallon in the next couple of years, would we then conclude that there was monetary deflation?
Answer - no.
Follow up question to the follow up question: if the large central bank cartel receives a $787 billion bailout (which actually runs up over $800 billion), is that money actually being created or is it simply "filling a gap" for the money that the bankers stole and misappropriated?
If the money is simply filling a gap, is the debt which was monetized by the Fed in order to pay the bailouts actually owed by the citizens of the US?
I knew it would happen.
<< <i>Yup. The markets open in Asia in a little over six hours. >>
<drum roll>