patrick.net

Makes a person wonder how high gold might go when the final banking crisis comes.

With the quadrillions or whatever in derivatives, I guess it's a possibility, I believe the derivatives were the problem RE had back a few years now.

Some banks, people, and central governments have been stacking furiously at these prices.

You can play and talk gold as an investment all day long, because that's the way some make money from gold, but it's a completely different play than the physical holder types which is of course growing.

But, only as fast as we can pull it out of the ground.

I enjoy Adele's ,"Rolling in the Deep"

...........

We'll never have it all.

Everyone's welcome to believe all political theologies & economic theologies.

This old fart can't be bothered with Stupid.

http://www.elyrics.net/read/r/rare-earth-lyrics/i-just-want-to-celebrate-lyrics.html

Bigsby says

Where does the less than 10% part come from? The bloke said he went all in.

Got a link or proof that he "Went all in"?

egads101 says

Not as much. But do you remember underwaterman? the dumbfuck who sold his home two years ago, and went all in on gold and silver??

Egads doesn't (or can't) say that underwaterman 'went all in'. From what I've read on this post, this guy sold a house to buy gold, and that's all I know. I just posed a question that maybe underwaterman is a very rich dude that has the means to wait out his gold investment, which could represent a smaller % of his portfolio than egads may have suspected. I certainly don't know, but it wouldn't hurt your brain to imagine other options.

Now, would I believe anyone would sell a house and take the entire proceeds to buy physical (or paper) gold? By an anonymous poster on the internet no less? Probably not. I think underwaterman was mind-fucking egads, and egads was too stupid to realize he was taking the bait. Well, it gave him a reason to act like an asshole, so whatever.

But apparently egads believes underwaterman. Think about it. Egads believes an anonymous guy on a RE forum on the internet sold a house (maybe his prime residence, or a rental property?) to buy gold, and is cursing anyone and everyone out if they have a different thought or opinion. Psycho boy needs his happy pills, and FAST!

(keeping an open mind wouldn't hurt him either).....

Egads! egads......

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Tuesday, November 19, 2013 __ Level is 101.8

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And http://patrick.net/?p=1230886

AverageBear says

Egads doesn't (or can't) say that underwaterman 'went all in'. From what I've read on this post, this guy sold a house to buy gold, and that's all I know. I just posed a question that maybe underwaterman is a very rich dude that has the means to wait out his gold investment, which could represent a smaller % of his portfolio than egads may have suspected. I certainly don't know, but it wouldn't hurt your brain to imagine other options.

It sounds like you don't remember his posts. If I have time, I'll have a look back, but he certainly wasn't framing the 'discussion' as being the limited actions of a very wealthy man.

AverageBear says

Now, would I believe anyone would sell a house and take the entire proceeds to buy physical (or paper) gold? By an anonymous poster on the internet no less? Probably not. I think underwaterman was mind-fucking egads, and egads was too stupid to realize he was taking the bait. Well, it gave him a reason to act like an asshole, so whatever.

That's always a possibility given the nonsense posted on this forum, but then that hardly strengthens your argument of it potentially being less than 10% of his overall wealth. Egads post was at least based on what the person actually said. What was yours based on?

She disrespected his 2nd Amendment rights by brandishing her face at his gun.

At this point if he doesn't understand this is beyond his right to have a gun. The public expects him to put the fucking guns away already and give it a rest for while. If he can't realize that, then he probably does have a few screws lose, if he's running around brandishing guns at in laws, presenting the business end of a greeter to his Girl friend.
Hey I mean what better way to say I'm happy to see you, than to shove a barrel in her face. Doesn't this moron realize that any future episodes involving a gun, will be looked at with a more scruinous eye. Than if he had never been in the news before.
Perhaps if he was a no body, this might be a she said he said care, and thrown out. But given his history, that was stupidest thing he could have ever done. Or even if he didn't. If i were him, I wouldn't want to be anywhere near a gun for the next 5 years. Just so I couldn't even be wrongfully accused.
What a schmuck.

- Picked on by his 9-year-old niece, who aggressively seduced him.

- Attacked by cops who falsely claimed that he attacked them during an arrest

- Aggressively assaulted by co-worker when she forced him to pick her up and throw her

- Accused of domestic violence by fiancé

- Forced by Trayvon Martin to follow Martin in his car, then made to shoot Martin

- Girlfriend commits facial assault on his gun

Florida is thick with liberals who will not leave this man alone!

I saw another article where she apologized for lying about the gun, apparently this whole story never happened.

He said, she said.

She must've done something serious to deserve that.

She's guilty by association.
Anybody who associates with zimmy now is in it for the notoriety.

Maybe if we make gov't bigger, they'll get more efficient.

egads101 says

the DOW is trading at a P.E. of around 16. Not cheap, but also not expensive. Do you even know what that means?

The main enabler of sizable asset price bubbles is keeping the real price histories out of sight. Agree?

(Bubbles are important feed for the parasites.)

WHOAH WHOAH whoa there.

This was all a misunderstanding, he just wanted her to LICK his shotgun.

Because it's HOT! Anything Monica Belluci does is hot.

It illustrates that Georgie boy is a crazy magnet.

Are there any jobs where flushing out nutters is an asset? Just give him a plastic rifle to use as a divining rod and keep him in restraints.

Obama gets his DUH moment. Now if he'd just get it regarding the two thousand other things that he's done to screw up this country.

FortWayne says

apparently this whole story never happened

Either that or the two wackos made up, and she agreed to try to undue some of the damage caused by reporting his behavior to police.

Too late. At a minimum it proves that he likee the dysfunction dance.

Flesh wound! Keep Fighting!

http://smaulgld.com/mortgage-applications-tumble-just-a-flesh-wound-keep-fighting/

I see Reuters cheerleading- its because of low inventory
It's because the Lincoln Memorial was closed in October!

How about the "recovery" is over?

bgamall4 says

smaulgld says

Correct- that will be a big initiative in 2014

bgamall4 says

But then, if this rent bundled into bonds thing works, the rich will have even more money with which to hoard real estate.

Let the prices go up. The higher they go the farther they can fall.

Yep and let them become bag holders trying to raise rent on people who don't have the extra money to pay

This bubble will never stop. We're all going to be priced out forever by the boogeyman who lays golden eggs.

Once Obushma appointed Summers and nominated Geithner, it was all over.

Voting Form Shows George Zimmerman Is A Registered Democrat

http://www.ibtimes.com/voting-form-shows-george-zimmerman-registered-democrat-confounding-message-pushed-left-430738

Weird.

Even before the shooting, this guy seems to have attracted liars seeking to fabricate stories of him molesting and assaulting them.

I guess weirdos can sense that a guy will be controversial years in advance.

Blurtman says

Once Obushma appointed Summers and nominated Geithner, it was all over.

A-greed ;)

Meanwhile, the approval rating of the GOP is at the lowest levels its historically ever been. So in reality the GOP has bigger issues, not to mention how they have so far done nothing to attract the voters whom didn't for them the last time around and probably won't the next either.

Don't look now but the Fed is trying to convince us that they can taper and still keep rates low-they know they are stuck and need to stop the QE but they cant risk it because they need low rates so they are trying to sell us on low rates without QE.

If they try to taper, rates will skyrocket and home prices will plummet

Even if they keep the QE and increase it housing price will have a hard time rising as incomes are not rising

That talk he gave which essentially said- there is no economy unless the central banks can create bubbles was frightening.
Absolutely not true, but frightening that if he and others say it enough people believe it and allow them to try and plan the economy through monetary policy

edvard2 says

Meanwhile, the approval rating of the GOP is at the lowest levels its historically ever been. So in reality the GOP has bigger issues, not to mention how they have so far done nothing to attract the voters whom didn't for them the last time around and probably won't the next either.

The "team" mentality doesn't get us anywhere. Who cares if one party is currently more in trouble than the other if both parties continue roughly the same disastrous politics and the president and their administrations not only keep lying through their teeth, but have abandoned the rule of law. How can it be of any comfort that "your team" (which is essentially the same as the other) won against "the other team"? No doubt this a great time to be a career politician.. ;)

John Bailo says

Voting Form Shows George Zimmerman Is A Registered Democrat

Who cares? Nobody called for his trial because of his political party. The public outcry for a trial was based on the fact that he murdered a teenager.

Yes, mell, that is exactly the point. Our leaders have abandoned us and are openly working for our oppressors. Our representatives have been bought and paid for by soulless corporations and mega rich investors. Our government is staffed with bureaucrats whose idealism drives them to job-killing regulations (EPA carbon regulations). And our news media tells us it's all because our favorite political party(whichever is yours, according to preference and news source) isn't being properly respected.

Call it Crazy says

President Obama's approval rating is similar to that of George W. Bush at this point in his presidency

Makes sense. Obama has surpassed Bush in vile evilness. The poll numbers just reflect that.

Dan8267 says

Makes sense. Obama has surpassed Bush in vile evilness. The poll numbers just reflect that.

Uhhh.... no.

mell says

The "team" mentality doesn't get us anywhere. Who cares if one party is currently more in trouble than the other if both parties continue roughly the same disastrous politics and the president and their administrations not only keep lying through their teeth

One party has more issues than the other. The GOP has a legacy issue. Their voters are growing more elderly, they are unable to reach out or attract younger voters or minorities, whom are growing in numbers. Since the GOP has so far made no direction towards correcting those issues they are the ones that are in some serious doo doo for the foreseeable future.

edvard2 says

Uhhh.... no.

Obama has done everything Bush has, and then double down with
- drone strikes that kill civilians including pregnant women, infants, and young and old children.
- outsourcing torture to other countries.
- the assassinations of U.S. citizens, including minors, for reasons as frail as they had a family member suspected of sympathizing with a terrorist group.

So, yes, Obama has done even more evil than Bush. Now, maybe you could make the case that Bush is more evil because he had to start with a system that wasn't evil and corrupted it, but Obama has taken the vileness of our warfare industry to levels that Bush could not obtain.

Just because Obama is black or a Democrat does not in any way diminish the evilness of his policies. Race and political association is irrelevant. I didn't call Bush evil because he was a Republican; I called him evil because he murdered innocents wantonly. I hold the "other side" -- and I use that term very loosely -- accountable to the exact same standards.

APOCALYPSEFUCK is Comptroller says

If Zimmerman really wanted to be president, all he has to do is print posters with his face, captioned, "NEGROES! SAVE ME! KILL! KILL! KILL!"

That is exactly why Zimmerman is a hero of the south. He illustrates why the south is obsessed with the "gun rights". They don't believe in the Second Amendment as a way to revolt against government; no, they really consider the Second Amendment to be a license for hunting blacks.

John Bailo says

Voting Form Shows George Zimmerman Is A Registered Democrat

Which makes it odd that the GOTP has adopted him as their own.

Dumbocrat Mole?