close, but no cigars....I'm just someone who's not brainwashed by all the internet rubbish about a conspiracy around every corner, written or spoken word. You need to ask the Doomsday Preppers, who used to post here in 2009, predicting imminent Armageddon, if all their preparation and expense for the Apocalypse that did not occur, was worth it.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
What does Jack Benny's car have to do with anything???
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.
One would think that since a lot of vaulted NY gold was subject to 9/11 WTC misfortune that a full audit would be the norm. Would be somewhat strange to learn someday that 9/11 was really about the gold or something else in those WTC vaults. I personally think the contents of those vaults on 9/11 demands closer scrutiny.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
i"m implying that I would like to know more about the vaults and their contents.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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.
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.
Not sure what's worse - they can target and kill you now with no due process, or only one man in Washington seems concerned about it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Not sure what's worse - they can target and kill you now with no due process, or only one man in Washington seems concerned about it. >>
When the ACLU and tea party agree on something (and ACLU would even criticize the current administration), yet most of America sleeps, I would say that's at least there 'might' be tiny red flag? Graham and McCain chasten the upstart young Ky Senator for alarmism
Was hoping the Sunshine Club would weigh in on this and assuage any concerns, give us the REAL interpretation vs. the obvious spin, and explain the ramifications...but alas, hopes have been dashed It's just too hard for me to think for myself under all this tin foil
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.
Yep, if you aren't in "the club", it doesn't really matter what you have to say. Typical for the venue. His big mistake was in not marrying money, like most of them.
Q: Are You Printing Money? Bernanke: Not Literally
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Would be somewhat strange to learn someday that 9/11 was really about the gold or something else in those WTC vaults. >>
I hear it's where they kept the Roswell bodies. It was attacked by UFO's disguised to look like commercial airlines to recover the bodies and give retribution. . . .
There are only bad days behind. Good days are here. Tomorrow is unpredictable , unless there is a conspiracy; so it can only get better because simple is as simple gets day to day.
On the other hand, paranoia does funny things. Just when I think I have to BUY gold, scared people come sell it to me. Don't worry about a thing. Store your riches somewhere else and you will NEVER worry about tomorrow or yesterday.
From time to time, I feel like sharing, not scaring.
"The assaying process consumed 10 ounces of gold, and the remaining 69 ounces removed for sampling were returned to the Treasury, according to the inspector general’s office.".........
########### This isn't big enough to be a full-blown conspiracy so let's call it a conspiracy-ette: --- How does assaying 'consume' the gold? If it's a fire assay, then one obtains the gold as a little bead after cuppellation. If a chemical assay, the gold is dissolved then precipitated and weighed. If it had been 'consumed', what did they weigh (mass) as their final step? Talk about your crooked refiners! Of 79 total ounces they 'consume' (lose/steal) 10?!?!?! C'mon now that's over an eighth of the gross amount !! Let's be glad they didn't sample any more than they did. Does this mean that every year we're going to lose 10 more ounces? Ok, ok, I grant you, it ain't Roswell but then again there is no annual repeat of Roswell. (Or, have they just clamped down tighter on the news blackout? Hmmmm....). ----- I can hear Johnny Cash singing " And I stole it ten ounces at a time, and it didn't cost me a dime....." ---- Of course we should all have had sufficient experience of news stories to realise that the party writing the article, as well as the entirely clueless editor, usually do not understand the totality of the situation. And even if they do, they often garble the message. This is intended as no disrespect to the LA Times which is a topnotch newspaper, one of a very few remaining in this country. ----- On a final note, since this audit is to be repeated annually, why does not somebody ask for their 'protocol' which we could then study at leisure? Perhaps it's not so very slovenly as we imagine and would answer all these questions. Well maybe not the one about Roswell.
Many, many perfect transactions with other members. Ask please.
JPMorgan wins dismissal of silver price-fixing lawsuit Monday, March 18th
JPMorgan Chase & Co (JPM.N) has won the dismissal of a nationwide investors' lawsuit accusing the largest U.S. bank of conspiring to drive down silver prices.
U.S. District Judge Robert Patterson in Manhattan said the investors, who bought and sold COMEX silver futures and options contracts, failed to show that JPMorgan manipulated prices at their expense, including by amassing huge short positions that were not justified by market events at the time.
In a decision made public on Monday, Patterson said that while the investors showed that JPMorgan had the ability to influence prices, a fact the bank did not dispute, they failed to show that the bank "intended to cause artificial prices to exist" and acted accordingly.
Thanks for the update. The "Too big to jail" bank wins.
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>Thanks for the update. The "Too big to jail" bank wins. >>
Bankers don't lose, ever (except when they steal from bigger bankers).
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"In September 2012, we espoused that the Western Central Banks have been surreptitiously selling/ leasing their gold through private channels in an effort to increase the available supply and in turn suppress prices. This new analysis using official US agency numbers seems to provide the strongest validation of our hypothesis to date."
Explains why the vaults and books haven't been fully audited!
"In a world overwhelmed by mountains of debt and economic growth which is sub-par at best, precious metals and real assets can act as insurance against the stupidity of policy makers. The evidence pointing towards the suppression of the gold price is becoming increasingly apparent. Don’t be the last person to figure this out! The current sell-off in gold should be viewed not with extreme trepidation but as an unbelievable opportunity to buy the metal at an artificially low value."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"In September 2012, we espoused that the Western Central Banks have been surreptitiously selling/ leasing their gold through private channels in an effort to increase the available supply and in turn suppress prices. This new analysis using official US agency numbers seems to provide the strongest validation of our hypothesis to date."
Explains why the vaults and books haven't been fully audited!
"In a world overwhelmed by mountains of debt and economic growth which is sub-par at best, precious metals and real assets can act as insurance against the stupidity of policy makers. The evidence pointing towards the suppression of the gold price is becoming increasingly apparent. Don’t be the last person to figure this out! The current sell-off in gold should be viewed not with extreme trepidation but as an unbelievable opportunity to buy the metal at an artificially low value." >>
<< <i>they failed to show that the bank "intended to cause artificial prices to exist"
So how come after all these years and millions of dollars (and hours) spent, no one has been able to prove this? >>
One by one the regulators, by applying $MILL and $BILL fines, have shown the big banks to manipulate most every market out there (commodities, interest rates, Libor, oil, precious metals, currencies, etc.). It has taken years for this to happen. The fact that JPM & Co., acting as "hedgers," took otc silver derivatives in July 2008 to a level equal to 14 years of world silver production...was insane. Imagine if the Hunts had access to silver derivatives back in 1979 rather than "low leverage" options and futures. While so far, regulators couldn't prove they did that for any particular reason, it certainly stretches the imagination. I think the last 2 markets that the regulators would want to prove manipulation on are gold and silver....as those are the 2 most popular alternative currencies/money substitutes to the usual paper fiat stuff. It's bad for business if people get the idea the physical metals could be a better thing to have than paper assets and that govt's have been rigging markets to change perceptions. It's not like J6P can store oil, nat gas, pigs, cotton, and sugar at home.
The level of "proof" for official manipulation of silver and gold markets in the NY City jurisdiction is apparently much higher than Libor, interest rates, and non-PM commodities. The silver class action lawsuit could have had millions of investors that potentially got taken. What are the odds of the govt finding in favor of millions of investors vs. a TBTF bank? Eventually, silver and gold manipulation will be proven. But, it will be long after all the horses have left the barn. The guilty will get a 1% fine/slap on the wrist to ensure they never do it again.
There's lots of positive payback from govt's manipulating PMs that are competition for their currencies. Why wouldn't they still do it today? They've been caught manipulating most everything else. Isn't it time to "audit" the purity another 10 oz of the US gold inventory?
Comments
In God We Trust.... all others pay in Gold and Silver!
<< <i>OPA is Darth Vader's ugly brother. >>
close, but no cigars....I'm just someone who's not brainwashed by all the internet rubbish about a conspiracy around every corner, written or spoken word. You need to ask the Doomsday Preppers, who used to post here in 2009, predicting imminent Armageddon, if all their preparation and expense for the Apocalypse that did not occur, was worth it.
Unraveling the conspiracy portion can wait for a few more years. No hurry.
I knew it would happen.
<< <i>Maxwell! MAXWELL!!!!!!!!!!!!!!!!!!!!!!!!! >>
What does Jack Benny's car have to do with anything???
<< <i>Lets see if we can get this thread above the forum rules thread, which is slowly sinking into oblivion.
Once the rules scroll off page one anything goes ??
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Knowledge is the enemy of fear
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Everything is about the gold, and the gold is about everything. Or so the Puppet Masters would have you believe
Liberty: Parent of Science & Industry
<< <i>REALLY bad for Conspiracy Nuts... >>
Not sure what's worse - they can target and kill you now with no due process, or only one man in Washington seems concerned about it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>REALLY bad for Conspiracy Nuts... >>
Not sure what's worse - they can target and kill you now with no due process, or only one man in Washington seems concerned about it. >>
When the ACLU and tea party agree on something (and ACLU would even criticize the current administration), yet most of America sleeps, I would say that's at least there 'might' be tiny red flag? Graham and McCain chasten the upstart young Ky Senator for alarmism
Was hoping the Sunshine Club would weigh in on this and assuage any concerns, give us the REAL interpretation vs. the obvious spin, and explain the ramifications...but alas, hopes have been dashed
I knew it would happen.
If I show up at your door, chances are you did something to bring me there.
Hitman Martin Blank (John Cusack) in Grosse Point Blank
Liberty: Parent of Science & Industry
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Would be somewhat strange to learn someday that 9/11 was really about the gold or something else in those WTC vaults. >>
I hear it's where they kept the Roswell bodies. It was attacked by UFO's disguised to look like commercial airlines to recover the bodies and give retribution.
.
.
.
On the other hand, paranoia does funny things. Just when I think I have to BUY gold, scared people come sell it to me. Don't worry about a thing. Store your riches somewhere else and you will NEVER worry about tomorrow or yesterday.
From time to time, I feel like sharing, not scaring.
###########
This isn't big enough to be a full-blown conspiracy so let's call it a conspiracy-ette:
---
How does assaying 'consume' the gold? If it's a fire assay, then one obtains the gold as a little bead after cuppellation.
If a chemical assay, the gold is dissolved then precipitated and weighed. If it had been 'consumed', what did they weigh (mass) as their final step?
Talk about your crooked refiners! Of 79 total ounces they 'consume' (lose/steal) 10?!?!?! C'mon now that's over an eighth of the gross amount !! Let's be glad they didn't sample any more than they did. Does this mean that every year we're going to lose 10 more ounces? Ok, ok, I grant you, it ain't Roswell but then again there is no annual repeat of Roswell. (Or, have they just clamped down tighter on the news blackout? Hmmmm....).
-----
I can hear Johnny Cash singing " And I stole it ten ounces at a time, and it didn't cost me a dime....."
----
Of course we should all have had sufficient experience of news stories to realise that the party writing the article, as well as the entirely clueless editor, usually do not understand the totality of the situation. And even if they do, they often garble the message. This is intended as no disrespect to the LA Times which is a topnotch newspaper, one of a very few remaining in this country.
-----
On a final note, since this audit is to be repeated annually, why does not somebody ask for their 'protocol' which we could then study at leisure? Perhaps it's not so very slovenly as we imagine and would answer all these questions.
Well maybe not the one about Roswell.
Monday, March 18th
JPMorgan Chase & Co (JPM.N) has won the dismissal of a nationwide investors' lawsuit accusing the largest U.S. bank of conspiring to drive down silver prices.
U.S. District Judge Robert Patterson in Manhattan said the investors, who bought and sold COMEX silver futures and options contracts, failed to show that JPMorgan manipulated prices at their expense, including by amassing huge short positions that were not justified by market events at the time.
In a decision made public on Monday, Patterson said that while the investors showed that JPMorgan had the ability to influence prices, a fact the bank did not dispute, they failed to show that the bank "intended to cause artificial prices to exist" and acted accordingly.
Loves me some shiny!
The "Too big to jail" bank wins.
<< <i>Thanks for the update.
The "Too big to jail" bank wins. >>
Bankers don't lose, ever (except when they steal from bigger bankers).
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>Thanks for the update.
The "Too big to jail" bank wins. >>
Bankers don't lose, ever (except when they steal from bigger bankers). >>
.....or from the Russians.
So how come after all these years and millions of dollars (and hours) spent, no one has been able to prove this?
Knowledge is the enemy of fear
"In September 2012, we espoused that the Western Central Banks have been surreptitiously selling/ leasing their gold through private channels in an effort to increase the available supply and in turn suppress prices. This new analysis using official US agency numbers seems to provide the strongest validation of our hypothesis to date."
Explains why the vaults and books haven't been fully audited!
"In a world overwhelmed by mountains of debt and economic growth which is sub-par at best, precious metals and real assets can act as insurance against the stupidity of policy makers. The evidence pointing towards the suppression of the gold price is becoming increasingly apparent. Don’t be the last person to figure this out! The current sell-off in gold should be viewed not with extreme trepidation but as an unbelievable opportunity to buy the metal at an artificially low value."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Sprott: "Do Western Central Banks Have Any Gold Left?"
"In September 2012, we espoused that the Western Central Banks have been surreptitiously selling/ leasing their gold through private channels in an effort to increase the available supply and in turn suppress prices. This new analysis using official US agency numbers seems to provide the strongest validation of our hypothesis to date."
Explains why the vaults and books haven't been fully audited!
"In a world overwhelmed by mountains of debt and economic growth which is sub-par at best, precious metals and real assets can act as insurance against the stupidity of policy makers. The evidence pointing towards the suppression of the gold price is becoming increasingly apparent. Don’t be the last person to figure this out! The current sell-off in gold should be viewed not with extreme trepidation but as an unbelievable opportunity to buy the metal at an artificially low value." >>
And the conspiracy lives!!!!! Whoohoo!!!!
Knowledge is the enemy of fear
Liberty: Parent of Science & Industry
<< <i>they failed to show that the bank "intended to cause artificial prices to exist"
So how come after all these years and millions of dollars (and hours) spent, no one has been able to prove this? >>
One by one the regulators, by applying $MILL and $BILL fines, have shown the big banks to manipulate most every market out there (commodities, interest rates, Libor, oil, precious metals, currencies, etc.). It has taken years for this to happen. The fact that JPM & Co., acting as "hedgers," took otc silver derivatives in July 2008 to a level equal to 14 years of world silver production...was insane. Imagine if the Hunts had access to silver derivatives back in 1979 rather than "low leverage" options and futures. While so far, regulators couldn't prove they did that for any particular reason, it certainly stretches the imagination. I think the last 2 markets that the regulators would want to prove manipulation on are gold and silver....as those are the 2 most popular alternative currencies/money substitutes to the usual paper fiat stuff. It's bad for business if people get the idea the physical metals could be a better thing to have than paper assets and that govt's have been rigging markets to change perceptions. It's not like J6P can store oil, nat gas, pigs, cotton, and sugar at home.
The level of "proof" for official manipulation of silver and gold markets in the NY City jurisdiction is apparently much higher than Libor, interest rates, and non-PM commodities. The silver class action lawsuit could have had millions of investors that potentially got taken. What are the odds of the govt finding in favor of millions of investors vs. a TBTF bank? Eventually, silver and gold manipulation will be proven. But, it will be long after all the horses have left the barn. The guilty will get a 1% fine/slap on the wrist to ensure they never do it again.
There's lots of positive payback from govt's manipulating PMs that are competition for their currencies. Why wouldn't they still do it today? They've been caught manipulating most everything else. Isn't it time to "audit" the purity another 10 oz of the US gold inventory?
Now, we have JP Morgan buying up the largest physical silver hoard in history:
JP Morgan accumulating the biggest physical silver stockpile in history
<< <i>Good point, roadrunner.
Now, we have JP Morgan buying up the largest physical silver hoard in history:
JP Morgan accumulating the biggest physical silver stockpile in history >>
Actually when you own it that's when you really short it...
<< <i>
<< <i>Good point, roadrunner.
Now, we have JP Morgan buying up the largest physical silver hoard in history:
JP Morgan accumulating the biggest physical silver stockpile in history >>
Actually when you own it that's when you really short it... >>
I have feeling that might be what the plan is.
Boo!!
Knowledge is the enemy of fear