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2005 Apr 11, 5:00pm   173,588 views  117,730 comments

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46880   HydroCabron   2014 Jun 5, 8:17am  

This is great news for gold prices! BUY MOAR GOLD NOW!!

The libertarian readership of Kitco, fresh from failing to comprehend the Federal Reserve, interest rates, and bonds, should broaden their minds by discomprehending chemistry and physics.

46881   Shaman   2014 Jun 5, 8:24am  

Can I still get my Hurricane Katrina relief money?

46882   Shaman   2014 Jun 5, 8:36am  

1) no, the Fed will continue QE. Any attempt to halt it will prompt dire predictions of economic catastrophe by the bankers who are profiting from the give away. Where can I get the deal to rent money for free that I can charge other people interest to loan from me?
2) yes, housing has become too big to fail.
3)and they still won't be able to afford to buy homes. Homes in desirable areas will continue to be bought by wealthy speculators seeking rentier income.
4) Gold will rise, slowly at first, then escalate suddenly when the overinflated dollar drops due to being less and less of a world currency.
5) Bonds will possibly go negative.
6) yes
7) no, deficits may decrease a little at first, but they'll increase again once the second longer recession hits. Once the national debt reaches 50 trillion, creditors will put the US into receivership, the value of the dollar will drop off a cliff, and land and resources will be the things to own, not dollars.

46883   corntrollio   2014 Jun 5, 8:37am  

HuggyBumbers McLovkins says

The libertarian readership of Kitco, fresh from failing to comprehend the Federal Reserve, interest rates, and bonds, should broaden their minds by discomprehending chemistry and physics.

If Jesus allows microwaves to convert base metals into gold, thus it shall be.

[also, bonds has a double-meaning there!]

46884   Heraclitusstudent   2014 Jun 5, 8:58am  

HuggyBumbers McLovkins says

The libertarian readership of Kitco, fresh from failing to comprehend the Federal Reserve, interest rates, and bonds, should broaden their minds by discomprehending chemistry and physics.

Ah they "print" gold now... and from beer bottles with Kitchen microwaves.
Bugs will have to throw away their gold in despair.
Lol

Unbelievable!

46885   New Renter   2014 Jun 5, 9:03am  

Alchemy DOES exist... in nuclear reactors. Small scale in terrestrial reactors and grand scale in stars. And supernovas.

If this were to work (and no,it won't) it would certainly give new meaning to "nuking" a tv dinner.

46886   Heraclitusstudent   2014 Jun 5, 9:25am  

Quigley says

1) no, the Fed will continue QE. Any attempt to halt it will prompt dire predictions of economic catastrophe by the bankers who are profiting from the give away.

Last year in september I thought the Bernank couldn't tapper because of slowing loans growth.

This year they will tapper, because debt growth is taking the relay.

Unless Obama severely cracks down some loans (students/car loans for example), we are going back to the same forces that fueled the previous bubbles.
See also the new jump in trade deficit. Credit fueled consumption is about to jump.

46887   Tenpoundbass   2014 Jun 5, 9:34am  

You can still get your clunker for caulkers.

46888   clambo   2014 Jun 5, 3:51pm  

Bullish on stocks is a no brainer since 2008.

46889   marco   2014 Jun 5, 8:29pm  

Skank Of America..... a name well deserved.

Above the law. Zero arrests, zero convictions of criminal bankers.

Even Bush had 3,000 prosecutions of banking criminals, and 1,000 went to jail. Zero from Obama.

Thanks , Barry. You're now the worst and most corrupt US President in modern history.

George Bush thanks you.

46890   marco   2014 Jun 5, 8:34pm  

And a "tip of the hat" to our supine corporate doormat of an Attorney General.

No better place for criminal corporations to wipe your feet than on his back....

Just remember that "campaign contribution" that was discussed. Yes We Can.

46891   marco   2014 Jun 5, 8:40pm  

I was a Democrat for 42 straight years. No more "parties of the rich" for me.

If I have to be a Poliburo Communist (paired with complete socialism for the rich) to be a Democrat, I decline that opportunity.

Can't wait for Hillary ... just hoping she'll don that $500,000 gold necklace the King Of Saudi Arabia gave her for the inauguration ...

Yes She Can

46892   marco   2014 Jun 5, 8:53pm  

"They better get their act together or we all sink."

No ... maybe you should get 20% down, get your act together.

46893   Blurtman   2014 Jun 5, 11:32pm  

marco says

I was a Democrat for 42 straight years. No more "parties of the rich" for me.

If I have to be a Poliburo Communist (paired with complete socialism for the rich) to be a Democrat, I decline that opportunity.

Can't wait for Hillary ... just hoping she'll don that $500,000 gold necklace the King Of Saudi Arabia gave her for the inauguration ...

Yes She Can

I voted for William K. Black for president the last time and will again the next time.

46894   Strategist   2014 Jun 6, 12:22am  

marco says

"They better get their act together or we all sink."

No ... maybe you should get 20% down, get your act together.

Qualified first time buyers should not be denied a loan due to a lack of down payment. It will sink our economy into a black hole.

46895   corntrollio   2014 Jun 6, 4:40am  

marco says

Even Bush had 3,000 prosecutions of banking criminals, and 1,000 went to jail. Zero from Obama.

I already called you out for this inaccuracy, but you're apparently going to keep repeating it because you can't think for yourself and are extremely gullible:

http://patrick.net/?p=1239868&c=1064769#comment-1064769

marco says

I was a Democrat for 42 straight years.

Don't believe you. You're just saying that in a poor attempt to gain credibility.

46896   corntrollio   2014 Jun 6, 4:59am  

Call it Crazy says

The banks also had issues with cash being used for a down payment if there wasn't a documented trail where the cash came from.

A lot of banks only look back 2-3 months.

I don't disagree that banks are nitpicking applications on occasion, but the new requirements require that to some extent. I've seen them question $200 one-time payments before to make sure they weren't recurring, but not have a problem with this particular issue.

46897   HydroCabron   2014 Jun 6, 7:24am  

They put a massive slab on top of the crypt, with a bas-relief of Nancy blowing Frank Sinatra on the central panel and depictions of great moments of Reagan's life along the frieze: Reagan liberating Auschwitz, Reagan personally defeating the USSR, Reagan taking the beachheads at Iwo Jima and Peleliu, and of course, Reagan riding a velociraptor while firing a submachine gun at America's enemies.

46898   Dan8267   2014 Jun 6, 9:06am  

APOCALYPSEFUCKisShostikovitch says

STAY DEAD, REAGANFUCK! STAY FUCKING DEAD!

Beware Zombie Reagan. Shoot it in the head!

I heard the Tea Party was planning on digging up Ronnie's corpse and enacting Weekend at Bernie's III: Bernie Goes to Washington. It's not like Reagan is any less conscience than he was during his presidency.

How did Zombie Reagan greet Obama? Zombie Reagan mentioned much he loved Obama in The Butler.

46899   HydroCabron   2014 Jun 6, 9:32am  

One thing I'll say about Hitler: that bullet left him perma-dead. No resurrections, do-overs, or undead phase.

46900   Strategist   2014 Jun 6, 9:46am  

Jimmy Carter - bad President
Ronald Reagan - good President
George Bush sr - OK President
Bill Clinton - good President
George Bush jr - bad President
Barack Obama - ??????

46901   Strategic Renter   2014 Jun 6, 9:48am  

Jimmy Carter - bad President
Ronald Reagan - good President
George Bush sr - OK President
Bill Clinton - good President
George Bush jr - bad President
Barack Obama - Improving golfer

46902   dublin hillz   2014 Jun 6, 9:59am  

Buried with thatcher with no parental guidance.

46903   Ceffer   2014 Jun 6, 10:03am  

I think they should dig him up, give him falsies and a reality show.

46904   Ceffer   2014 Jun 6, 10:13am  

You can always tell when there is Realtor saliva in your underwear. It feels like a combination of itching powder and a bad case of crab lice. You need rabies injections and a month of antibiotics.

46905   zzyzzx   2014 Jun 6, 10:40am  

Obligatory reference to this thread:
/?p=1212409

46906   zzyzzx   2014 Jun 6, 10:40am  

freak80 says

You'd have to be a good shot...

Not with the right machine gun.

I would use something like this:

Or some other quad anti-aircraft gun arrangement.

46907   MAGA   2014 Jun 6, 11:14am  

I say 10,000 feet. That way they have time to consider their sins before going splat!

46908   Blurtman   2014 Jun 6, 12:34pm  

Strategist says

Jimmy Carter - bad President

Ronald Reagan - good President

George Bush sr - OK President

Bill Clinton - good President

George Bush jr - bad President

Barack Obama - ??????

If you or a loved one were HIV positive during Reagan's reign, you would likely say bad president, or worse, a murderer of horribly sick people.

46909   lostand confused   2014 Jun 6, 12:56pm  

Blurtman says

Strategist says

Jimmy Carter - bad President

Ronald Reagan - good President

George Bush sr - OK President

Bill Clinton - good President

George Bush jr - bad President

Barack Obama - ??????

If you or a loved one were HIV positive during Reagan's reign, you would likely say bad president, or worse, a murderer of horribly sick people.

Well the President of Gambia claims he has a cure for AIDS!!
http://www.nydailynews.com/life-style/health/anger-herbal-aids-cure-gambia-article-1.1231539

46910   FuckTheMainstreamMedia   2014 Jun 6, 1:22pm  

We haven't been putting the b-52's to much use lately.....

46911   FuckTheMainstreamMedia   2014 Jun 6, 1:23pm  

Of course substituting them for clay pigeons at the trap range wouldn't be a bad idea either......

46912   Strategist   2014 Jun 6, 2:36pm  

Blurtman says

Strategist says

Jimmy Carter - bad President

Ronald Reagan - good President

George Bush sr - OK President

Bill Clinton - good President

George Bush jr - bad President

Barack Obama - ??????

If you or a loved one were HIV positive during Reagan's reign, you would likely say bad president, or worse, a murderer of horribly sick people.

Probably so, but I was looking at it purely from the economic point.

46913   bg   2014 Jun 6, 4:13pm  

On the one hand, I don't trust that the recovery is real. On the other hand, I don't trust that fundamentals are going to impact prices anytime soon. So far, my rent hasn't gone through the moon, so at least I have that going for me.

46914   Ceffer   2014 Jun 6, 4:22pm  

If you wanted to be really gruesome, you could attach different lengths of piano wire to their fingers, toes, feet, hands, elbows etc. so that they flipped off on the way down, leaving only the gushing torso to hit the ground.

Then, you would also have a Realtor body parts piano wire mobile for your dungeon. Jeffrey Dahmer would be proud.

46915   bg   2014 Jun 6, 5:41pm  

Roidy says

We can then take the ones still alive back up and do it again.

Tenderized

46916   Strategist   2014 Jun 7, 12:38am  

Call it Crazy says

Strategist says

marco says

"They better get their act together or we all sink."

No ... maybe you should get 20% down, get your act together.

Qualified first time buyers should not be denied a loan due to a lack of down payment.

They did that before (pre 2008), 100% LTV, no down payment.

How did it work out last time??

Boy, you really have a short memory...

Strategist says

It will sink our economy into a black hole.

Where did the last black hole come from??

Unqualified borrowers.

46917   Blurtman   2014 Jun 7, 1:06am  

Strategist says

Blurtman says

Strategist says

Jimmy Carter - bad President

Ronald Reagan - good President

George Bush sr - OK President

Bill Clinton - good President

George Bush jr - bad President

Barack Obama - ??????

If you or a loved one were HIV positive during Reagan's reign, you would likely say bad president, or worse, a murderer of horribly sick people.

Probably so, but I was looking at it purely from the economic point.

Regarding Clinton, from memory, years 2-7 offered great and reliable stock market returns. Anyone could have made 20% per year in a low risk index fund. Double your money in 5 years. Ka ching!

46918   New Renter   2014 Jun 7, 1:30am  

scungilli says

I have it on good authority that this is the correct procedure, although additional refinements have been applied, such as cacti.

I wonder if we know some of the same people...

46919   Strategist   2014 Jun 7, 2:48am  

Blurtman says

Probably so, but I was looking at it purely from the economic point.

Regarding Clinton, from memory, years 2-7 offered great and reliable stock market returns. Anyone could have made 20% per year in a low risk index fund. Double your money in 5 years. Ka ching!

Today it's even better. Ka ching Ka ching.

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