[OTE18] On the Edge with Max and Stacy

Stacy Summary:  Here is the first half (also put the third in for convenience & better synch quality)

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86 Responses to [OTE18] On the Edge with Max and Stacy

  1. @Stacy. I just wanted to be first and say I don’t believe in Lizards either lol I believe we are run by Parrots.

  2. China – Barrick Gold articles on a row (Updated again) http://tinyurl.com/ld5tlu

  3. nuthing happened on 10 Sept :-( ( ….wrong prediction!.

    I think i should start predicting Euromillion lottery numbers for next week,,,pls send me 5 numbers ( 1-50) & 2 nos ( 1-9)

  4. http://www.barrick.com/News/PressReleases/PressReleaseDetails/2009/BarrickAnnouncesPlantoEliminateGoldHedges1121019/default.aspx

    $3 billion to settle ongoing Hedges, and a $5.6 billion writedown on their financial statement to cover realized losses in the Floating Contracts. I think the other Billion will come out of their mines.

  5. Nice Interview.

    JPM is the FED … I agree !
    Check out Hamilton’s “The JPM Derivative Monster” from 2002 !
    …. I just wish he’s update their position for 2009 .
    LOL !

    Interest rate swaps and cross currency swaps used to make up the Lion’s share .. but I guess the CDSs have grabbed that share over the recent years.

  6. Obama says U.S. must renew fight against al Qaeda

    … “WASHINGTON (Reuters) – President Barack Obama sought to rally Americans behind the war in Afghanistan on the eighth anniversary of the September 11 attacks on the United States as polls show faltering public support for the conflict.

    Let us renew our resolve against those who perpetrated this barbaric act and plot against us still,” Obama said on Friday at a somber ceremony attended by about 500 people under rain-filled skies at the Pentagon.

    “In pursuit of al Qaeda and its extremist allies we will never falter,” he said, before laying a wreath at a memorial for those killed at the Pentagon on September 11, 2001.”…

    http://www.reuters.com/article/topNews/idUSTRE58A48C20090912

    .
    .
    .

    NOTHING NEW of course …
    Same old “patriotic” oratory crap that makes me puke !

    Has Charly Sheen’s package been lost in the post or what ?
    ;-(

  7. Amazing…. for years the GATA group was considered (not by myself) a bunch of nuts talking “conspiracy” that the US and money controlling entity (in direct partnership) are controlling gold price to further increase the power provided by the bullshit faulty dept model of the US dollar currency and now…..FINALLY…….after the advent of internet to bypass the 50 years of complete monopoly of misinforming and misdirecting the entire globe on the truth of what is going on……

    GATA is no longer “nuts”……. All I can say is……. Hip Hip Horray !
    GATA organization really is due for an apology from many people ! :)

  8. Thanks guys.
    Great info.
    I’m gonna pass it on to those who know something is wrong but find it too big to understand – Most people I think.
    Your show helps explain this and gives our suspicions some gravity.
    Cheers.

  9. Also…… again…… @Max
    It is time to begin pointing the finger at the entity behind JP Morgan, Goldman Sachs…etc…etc…etc…..
    The money controlling entity has many “firewall” organizations to hide behind and assists greatly in misdirection for the masses.
    The crosshairs need to be placed on the targets really responsible and also placed on the truthful purpose of this entity.

  10. Carbon Tax.

    http://news.bbc.co.uk/2/hi/europe/8248392.stm

    First no interest for your savings, now Sarkozy’s gonna take what you have left.

    Then he’ll give it to the banks to play with. They will manipulate it, toss it around between themselves and spit it out in the next carbon tax crash in 2013.

    And on it goes….

  11. Here are some headline suggestions:

    Niwa supercomputer a waste – skeptics
    http://www.stuff.co.nz/technology/2838932/Niwa-supercomputer-a-waste-sceptics

    The Climate Science Coalition says the National Institute of Water and Atmospheric Research (Niwa) is “squandering” $12.7 million on a new supercomputer, because its climate change models are spectacularly wrong and the powerful new computer will simply give more wrong answers faster.

    The coalition represents global warming skeptics.

    Economics panel chairman Bryan Leyland says Niwa had failed to predict the El Nino weather event in 1998 and cooling since 2002. [...]

    ============
    My website related links
    http://cbc.am/climate-prediction-CPU.pdf
    http://hireme.geek.nz/climate-prediction-trickle-interface.html
    ============

    New Zealand’s first wind powered supermarket
    http://www.stuff.co.nz/environment/2849607/New-Zealands-first-wind-powered-supermarket

    A Canterbury supermarket will become the country’s first wind-powered grocery store.

    New World Lincoln, which opens next month, will generate some of its electricity from two 10-metre turbines in the store’s car park.

    Wind turbines are used at supermarkets in Europe and North America, but the Lincoln project is believed to be a New Zealand first. [...]

  12. Richard@lattitude30N

    @dear Sherbert:

    Is it just me or is there a blank area above where the Part 1 of OTE should be????

  13. The coming “New Paradigm”
    @Frances
    http://www.youtube.com/watch?v=S7_YFKyhQMI
    People will come to love their servitude,
    My guess is, the IMF will distribute a set amount of “credits” to each country according to population, based on “sustainable” relevant programs. The credits will be of course distributed equally amongst the masses (a form of rationing to help save the planet)
    http://www.imf.org/external/np/exr/map/lending/index.htm

  14. Richard@lattitude30N

    Dear Ms Herbert: still no sign of OTE video….please explain…

  15. @Vox TV Germany – 911 Mystery

    I forgot to mention that there was a clip which used Alex Jone’s voice talking in the background !
    Pleases me that the European TV stations are listening in !

  16. @Richard@L30°

    Here are the 3 YT links for the show :

    http://www.youtube.com/watch?v=Np91QvYs6dM
    http://www.youtube.com/watch?v=ueXe73E02Vk
    http://www.youtube.com/watch?v=GID18E0S2Xk

    PS:
    I guess you may have already found them .
    But it still doesn’t answer why the links are missing here.

    PPS: I have no problems seeing them

  17. Far East banks are piling into the UK mortgage market
    FT Adviser: TV ‘Dragon’ to offer FTB loans

    http://www.ftadviser.com/FTAdviser/Mortgages/Lenders/News/article/20090910/8e8283dc-9de8-11de-bdd9-0015171400aa/TV-Dragon-to-offer-FTB-loans.jsp

    I remember in ca. 1971 in the UK, where Arabs were all over S.England wanting to buy property.
    The house prices increased 2-fold a few years later !

    Even my sister got an offer for 14K from an Arab from London for beautiful cottage which now fetches ca. 350K .
    He came personally in his Rolls !

  18. tower of basel

    Charlie Sheen speaks up. One single actor has the courage to question publicly
    the official explanation of 9/11. His career as an actor probably goes down the tube?
    Where are the other, famous US actors like Clint Eastwood, Dustin Hoffman, Merlyn Streep , or film makers such as Spielberg and Oliver Stone. For sure they, presenting the US intellectual class, should have (some) doubts concerning the 9/11 story. Why they do not support Sheen and speak up as well. I think if some of North America´s finest actors and directors would join Sheen and choose the right side, that would really make a differences!
    I have no idea how to get to these celebrities, but with a little help of the public (us) we could make this happen? It could turn into a kind of petition of the famous (they only class that really has some authority in the US). If it is only Sheen that sticks out his neck and the rest continuous being a bunch of cowards, to me the US deserves to go down the tube along with Sheen.

  19. People, the manipulation of gold will end ONLY when the US dollar is no longer the “reserve currency”. And the ONLY countries that can end that status are Russia and China.

    The US empire will not allow that to happen – not without a fight anyway. That’s what those 1000 plus US military bases around the world are “defending” (the American Dream, and Everyone else’s Nightmare!). They will, of course, fail – just as EVERY other empire has failed. Too big too fast too greedy too ignorant too arrogant.

    It’s widely considered that the US is “too big to fail”, but WHO is going to bail THEM out – and more importantly WHY would they? And with what? Another con game? No way. The world has grown up.

    AFTER the inevitable nuclear war started, and Lost, by the US is over, commodities – i.e. REAL SHIT – will replace the fiat ponzi scheme of the last 400 years: gold, oil, food, minerals, etc will be the medium of exchange.

    It could happen in a year or in ten years, but it’s going to happen. There is no fucking way the US and it’s elitist banking interests are going down without a fight. That is Certainty.

    Just look how Insane these people are: they have already spent $3 trillion dollars JUST to secure Pipelines in Iraq and Afghanistan AND surround Russia – the ONLY “obstacle” in their schemes – based on a pack of lies and a coordinated media propaganda campaign.

    They are insane.

    We are talking about less than six thousand INSANE people running this farce – mostly bankers, some useful idiots at CFR, Chatham House, “think tanks”, and bribed and/or blackmailed “heads” of state, etc – who actually run things. It’s nothing new: history is nothing BUT conspiracies.

    Assuming you survive the inevitable nuclear war, your physical gold now valued at $1000USD will be worth $1,000,000 in equivalent purchasing power After the war.

    If for some reason you don’t think war is likely, put yourself in Russia or China’s position: the enemy is surrounding you, they outnumber you, they are positioning themselves for a decapitating first strike….what do you do? Surrender and live as slaves while they rape your land and women, or do you pre-empt the inevitable with everything you have?

    If I were Putin or Medvedev, you would have been vaporized already.

  20. He cites French political scientist Emmanuel Todd. Mr. Todd is famous for having rightly forecast the demise of the Soviet Union — 15 years beforehand. “When he forecast the collapse of the Soviet Union in 1976, people laughed at him,” says Prof. Panarin.
    http://online.wsj.com/article/SB123051100709638419.html

  21. @Ilya Kuryakin,…….There is no “American” empire,..just like there is no “money”,..it’s an illusion created in the minds of men as a tool for control. Wakey wakey!!

  22. Has Bin Laden been dead for 7 years?

    “Has Osama Bin Laden been dead for seven years – and are the U.S. and Britain covering it up to continue war on terror?”

    http://www.dailymail.co.uk/news/arti…ar-terror.html

  23. “If I were Putin or Medvedev, you would have been vaporized already.”

    Ouch!

  24. Richard@lattitude30N

    @Phil: thanx….

  25. Youri:
    I read this article you posted:
    http://dprogram.net/2009/09/11/updated-and-expanded-dr-van-de-meer-predicts-monetary-collapse-of-us-starting-on-september-30th/

    and wonder where the backup for these statements are:
    In a separate confirmation the Chinese Government is no longer entertaining and investing in derivatives, and have declared a Nova-to, meaning they will not be paying the trillions “due” on these these illegal instruments. In fact the Chinese are using stronger language saying these criminally foisted instruments are a declaration of a financial war.

    Both China and Japan have not said they will only accept gold from America but they have none. Bernanke and Geithner are desperately calling the people who own the gold and asking for some but they have been told they will not get even one ounce.

    The Wall street banksters that own the Fed are being forced to put all their derivatives garbage on the books by September 30th. If they do that, they will be exposed as totally bankrupt.

    I see the source as Benjamin Fulford.

    He likes to spin fairy tales.

    Specifically: How does Fulford come up with the Trillions number in Chinese derivative default?

    How lovely to have a nebulous number to rely on, the derivative, and to call this number up using the Chinese as proxy default when the real story is completely alien.

  26. Both China and Japan have not said they will only accept gold from America but they have none. Bernanke and Geithner are desperately calling the people who own the gold and asking for some but they have been told they will not get even one ounce.

    Is Fulford taking hallucinogens? Did the lizard people vouchsafe this information to the man?

  27. UK Town to launch its own currency

    http://www.google.com/hostednews/ukp…NnZWIKu7RZ1w5A

    Quote:
    A town will launch its own recession-busting currency on Saturday, with its best-known author appearing on the banknotes.

    Laurie Lee, who wrote Cider With Rosie, is to appear on the £5 banknote of the new currency called the Stroud Pound.

    The project hopes to fend off the recession by keeping money inside the Five Valleys area of Gloucestershire, allowing shoppers to use the notes in participating businesses.

  28. @Ilya:
    People, the manipulation of gold will end ONLY when the US dollar is no longer the “reserve currency”. And the ONLY countries that can end that status are Russia and China.

    Er, no. The BIS has control over the currency. They own the bucks. The control of the currency is manipulated by the central banks, irregardless of the nation-states. The BIS is setting up a super-sovereign system.

    One aspect for the elite…being worked out by the Financial Stability Board.

    One aspect for we common folk…being invested through Carbon Credit system legislated through UN Green Dollar Gold.

    SDR as suprasovereign is being used to control the currency exchange volitility as the dollar is devalued: protects elite interests.

  29. Richard@lattitude30N

    @S.Herbert: thanx…OTE Parts I, II, and III back up on the site

  30. Former congressman on TPTB

    Traficant-speaks-out-against-the-powers-that-be-on-Fox-News

    Traficant says that he was the number one target of American Israeli Public Affairs Committee” and the Justice Department. He goes on to say that “he believes that Israel has a powerful stranglehold on the American government. They control both members of the House, the House and the Senate. They have us involved in wars in which we have little or no interest. Our children are coming back in body bags. Our nation is bankrupt over these wars. And if you open your mouth, you get targeted. And if they don’t beat you at the poll, they’ll put you in prison.”

    http://www.examiner.com/x-9462-LA-Nonpartisan-Examiner~y2009m9d11-Traficant-speaks-out-against-the-powers-that-be-on-Fox-News

  31. @Richard up north – didn’t do anything! it must be your connection?

    @Fibon11235 – the Parrots are a false flag from the Lizard People

  32. US summer temp 34th coolest since 1895

    http://www.noaanews.noaa.gov/stories…mmerstats.html

    NOAA: Summer Temperature Below Average for U.S.

    September 10, 2009

    The average June-August 2009 summer temperature for the contiguous United States was below average – the 34th coolest on record, according to a preliminary analysis by NOAA’s National Climatic Data Center in Asheville, N.C. August was also below the long-term average. The analysis is based on records dating back to 1895.

  33. Taylor Say Fed May Have to Raise Rates in 2010

    http://www.bloomberg.com/apps/news?p…d=akfXvKvLPGdk

    Sept. 11 (Bloomberg) — Stanford University professor John Taylor said the U.S. Federal Reserve may have to start raising interest rates at the start of 2010 to contain price pressures.

    “If inflation starts to pick up” as the economy recovers, “the Fed’s going to have to raise rates as early as the first part of next year,” Taylor said in an interview on Bloomberg Television in New York today………..

  34. @Dedo:
    Huxley looks like an opium eater.

  35. @Stacy…………the Parrots are a false flag from the Lizard People

    Yes, and they’re going to blow themselves up in big buildings in New York and on underground trains in London.

  36. @Dedo:
    The US is already divided into regions, ten Fema regions.
    http://www.ilikefema.com/?p=25

    Obama signified the coming split when he signed the dilitory Stimulus bill, designed for controlling the country via regions after the collapse. Ten Fema regions, ten pens:

    Mr. Obama said he used 10 different pens to sign the bill — essentially writing little more than one letter per pen. Pens used for major bills are keepsakes given to key aides and lawmakers involved in the process, and the high number of pens showed just how many people had a hand in delivering Mr. Obama’s first major piece of legislation in his young administration.
    http://www.washingtontimes.com/news/2009/feb/17/obama-signs-massive-economic-stimulus-bill/

  37. More than 40,000 Japanese aged 100 or over: survey

    http://news.yahoo.com/s/nm/20090911/…n_centenarians

  38. Italian MEP believes 9/11 was an inside job

    “Part of US government and Congress lied” about 9/11

    “There is a war in Afghanistan going on, and if what I believe in is true, [it] has been created artificially, like the war in Iraq: as consequences of the lie [about 9/11],” says Giulietto Chiesa, an EU MP, 2004-2009.

    here:http://www.russiatoday.com/Politics/…ress-lied.html

  39. @TowerofBasel:
    If it is only Sheen that sticks out his neck and the rest continuous being a bunch of cowards, to me the US deserves to go down the tube along with Sheen.

    You need to come down out of that tower and breathe some air.

  40. Government Installing Keystroke Loggers Into All New Laptops

    http://patriotsforamerica.ning.com/f…t-and-computer

  41. @Dedo and others: In reference to the overall picture of what may come:

    Turkey has, thus far, been rebuffed by the racist EU. Russia is close to resolving the the Armenia/Turkey/Azerbaijan/Nagorno-Karabakh conflict and therefore will hold their allegiance. Armenia, at least, is in the Russian fold now, and the others will follow.

    Turkey can, and likely will, be the first country to LEAVE NATO. After that, NATO is history. It’s 50-50 at this point.

    Russia’s ultimate goal is not “controlling” gas pipelines: it is the dismantling of NATO.

    No more NATO means the end of the planned US-provoked global nuclear war agenda. And the end of the US “empire of bases” and the end of the US empire in general – THAT is why the US will never leave Iraq and Afghanistan Willingly.

    In short: the USA wants wars to further their global hegemony pipedreams while Russia is pursuing a dual strategy of deterrence and mutually beneficial diplomacy.

    We have two options:

    1. A USA global empire of degenerate capitalism and unending war, or

    2. An end to fiat empires and their degenerate Plutocracy

    In the end, which path would YOU take?

  42. An old allegorical tale about the Mexican fisherman and the banker…

    An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.

    The Mexican replied, “only a little while.”

    The American then asked why didn’t he stay out longer and catch more fish?

    The Mexican said he had enough to support his family’s immediate needs.

    The American then asked, “but what do you do with the rest of your time?”

    The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my amigos. I have a full and busy life.”

    The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”

    The Mexican fisherman asked, “But, how long will this all take?”

    To which the American replied, “15 – 20 years.”

    “But what then?” Asked the Mexican.

    The American laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions!”

    “Millions – then what?”

    The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”

  43. @@ UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’ @@

    LOL !
    http://www.bloomberg.com/apps/news?pid=20601068&sid=aSp9VoPeHquI

    I wonder if Mr. Tirone has actually seen ( and understood ) this title !
    ;-)

  44. @sharon

    The oldest man that ever lived was Li Ching-Yuen, about 256 years.

    The relevant evidence? He won Three Consecutive herbalist contests in China during his life.

    Those contests were only conducted once every fifty years.

  45. @Ilya…………Wow!

  46. Richard@lattitude30N

    @Stacy: yes..you may be right (the trouble lies with my internet connection)…I’m more confused today with this PC than ever as an e-check I electronically authorized to purchase silver coins last week was mysteriously “reversed” just at 4:00 pm Friday a day after it had been cleared …as it was time sensitive to a specific spot price I am bewildered who authorized the reversal….sorry to publicly air my soiled laundry…but I was eager to to have the coins on hand before the end of the month…particularly as it was a test purchase with a company ( mint ) I had no prior association with.
    BTW love your input into the OTE program…”The news of a sound economy” the banksters were hoping to telegraph to the public audience apparently, as Max so adroitly poses, has some opposition by a rather awakened foe..the Chinese financial leaders…I mean really how much market manipulation and chicanery can they expect the public to accept????Those of us on this blog mostly have a glimmer that it’s an insider’s game…unfortunately so many analysts make their bread and butter by attempting to be ahead of the curve….Mr. Crittensen of the WSJ was on C-Span today defending Paulson’s imminent collapse of the banking system demand for the $700 b….as pay checks and other daily/weekly corporate loans might have become unavailable….thus in my view causing revolution no doubt among the masses of workers and tax paying employers….So it appears that the inevitable has been forestalled….in TX they have an expression: “pressure busts a pipe”….hope that event is a long way off

  47. TRADE AND DEVELOPMENT REPORT, 2009

    http://www.unctad.org/en/docs/tdr2009overview_en.pdf

    Overview : A gloomy global outlook

  48. @sharon .. nice story – I’ve quoted it a few times myself.

    A big lesson .. still to be learned IMO !

  49. Richard@lattitude30N

    @Sharon: great allegory…..

  50. @Ilya Kuryakin .. welcome back … enjoy your posts.

    From your linked page :

    Turning 9/11 Realities Upside Down: When the “Big Lie” becomes the “Truth”
    The Unspoken Truth: The Global Research Reader on 9/11

  51. Return per permium copy per per 100000 retailed copies (Assuming $5 per copy): $333.33

    i.e., if 100,000 copies of the film are sold for $5 each; each Premium Copy holder gets back $333.33

  52. @maxkeiser – forgot to link to the page . . .

  53. @max k.
    don’t you think someone more important than kramer told him what to suggest to bernanke, if not bernanke himself?

  54. @Ilya Kuryakin,……..it’s ingenious how the preferred choice is always the intended choice, don’t you think? ; )

  55. Do you reckon the next terrorist attack with be blamed on china?

  56. @Dedo:
    @Ilya Kuryakin,……..it’s ingenious how the preferred choice is always the intended choice, don’t you think? ; )

    It’s called literary rhetoric.

  57. Literary rhetoric is another way of saying,”I’ll be having my way with words”: thank you suckers.

  58. . A USA global empire of degenerate capitalism and unending war, or
    2. An end to fiat empires and their degenerate Plutocracy
    In the end, which path would YOU take?

    I CHOOSE THE PATH OF LEAST RESISTANCE.

    (OOPS……WAS THAT THE WRONG ANSWER?)

  59. @Scott from Oregon …. ” The Coming Consequences of Banking Fraud ”

    Thanks .. could have / should have written it myself !
    Great article and agree on nearly everything.

    How sweet … Nov. 5th. Video at the end with Guido Fawkes !

  60. @Frances,……you should ask Mike if he has a cure for his CAPalopathy,…you might need some!!,….: )

  61. “THAT is why the US will never leave Iraq and Afghanistan Willingly.”

    The US is operating in alliance with Nato under UN mandate. The plan is to federalize the countries to simplify trade for the elite interests. Corporate interests behind the Afghan war include Monsanto (gm seed)
    http://www.organicconsumers.org/articles/article_17192.cfm

    The arms are being used for international corporate players. There are no sovereign interests.

  62. @Dedo:
    AHHHH…I’M A CONVERT TO THE NEW CAP-TOCRACY OF LETTERHEADS.

  63. Anybody have any good reasons why the Yen should be rallying against the Loonie?

    Just sayin’

  64. The Huffington Post has featured a couple of interesting blame pieces recently.

    There was this:

    Priceless:How the Federal Reserve bought off the economics profession

    http://www.huffingtonpost.com/2009/09/07/priceless-how-the-federal_n_278805.html

    and this:

    US Chamber of Commerce at root of financial crisis:

    http://www.huffingtonpost.com/anna-burger/us-chamber-of-commerce-at_b_280219.html

    Re: Cramer, it’d be great if for once we could all take the advice of Howard Beale: http://www.youtube.com/watch?v=MTN3s2iVKKI

    (Yes, I watched the Network again recently and am amazed with its continued relevancy. The “there is no democracy” clip seems to take on even more meaning these days:
    http://www.youtube.com/watch?v=RzSj1yNZdY8&feature=related )

  65. @phil, thanks

    Max was quite right when he said “they didn’t kill enough of them on 9/11″ (I.E. Wall Street Bankers).

    Plans within Plans. They jettison even their own when it serves the greater strategy. They are pigs. Pigs taste good. When cooked.

  66. The Obama Brand …. John Pilger

    John Pilger’s The two sides of Barrack Obama speech.

    http://www.youtube.com/watch?v=ZKLVPp7epC8&feature=rec-HM-fresh+div

    Excellent as usual from John Pilger !
    Must watch !

  67. @ Phil

    I really do not understand why anyone would invest in a bubble like the UK housing are they investing in Dubai and USA property too?

    Why HELP?

  68. Agree with Stacy about this nitpicking about nothing. Think it has to do with the Tabloid culture very big in the UK. Example

    Wells Fargo exec used Malibu Colony home lost by Madoff-duped couple, neighbors say http://www.latimes.com/business/la-fi-malibu-wells11-2009sep11,0,740504.story?track=rss

    But some neighbors say the real shocker came when they saw one of the bank’s top executives spending weekends in the $12-million beach house and hosting eye-catching parties there. What’s more, Wells Fargo spurned offers to show the property to prospective buyers, a real estate agent said.

    “It’s outrageous to take over a property like that, not make it available and then put someone from the bank in it,” said Phillip Roman, an 18-year Colony resident who lives a few homes away from the property.

  69. @Fibon11235

    Yes, I can see your point ; but the point is they did invest.
    My guess is they were trying to get rid of GBPs that were “locked in the country”; knowing fulwell that the currency will devalue, thus house pries shooting up a few years later – which is exactly what happened.
    My own flat in London Highgate cost me 11K in 1972 and it went for 25K in 1977.

  70. @Ilya

    3 consecutive 50 year contests can be potentially won in 100 years and one day. If I win the first at fifteen, I am 115 when I win the third contest. That’s a long way from 256.

  71. @Ilya

    Not disputing that 256 years old is false. Just wanted to point out that statistics can be misleading. Most people will think 150 years or more to win those contests.

  72. Dan II: he won the first contest at age 80-something.

    While not categorical proof, at the time of his death interviews were conducted with some people who themselves were in their 80′s who claimed to have known him since their childhood: when they were children he was already a very very old man.

    I’ll settle for half his alleged longevity.

  73. When oil went to $147 about 14 months ago, then Treasury Secretary Paulson investigated the oil market and told us that there was little or no speculation involved. Yet his own firm was one of the biggest speculators!
    Last October, Warren Buffet patriotically went on Charley Rose show and told us all the big Wall Street dealers needed TARP billions. Conveniently, he had just made huge, beneficial, deals with at least two of the TARP seekers. GS stock tripled during the crisis, while GM stock was wiped out.

  74. I guarantee it is literally the same group of crooked Enron traders manipulating the oil market. And then some.

  75. Right at 3:12 on the part 3 of this video, max says something that is sooooo Max like…”They have an oligarchical position of the market, yes “… was so funny.

  76. Are they expecting the price of gold to tank?

  77. Are they expecting the USDollar to rally?

  78. Richard@lattitude30N

    @Phil” “my own flat in Highgate sold fro 11K in 1972….”….Oh Yeh…sold one @ 14 Southward Avenue in that year…for about the same value…coincidence????

  79. @Richard@lattitude30N .. XX Langdon Pk. Road !

    Coincidence indeed !
    It was a lovely area .. we loved our ground floor flat with a garden.

    The young couple above us were Sharon & Jimmy .
    Jimmy was a Kings Road Tailor, Sharon was a ……. and used to work on Park Lane with the Arab clientel .
    We were away for NewYears Eve, and when we got back, we were told that the Kray Brothers had celebrated NYEve with S&J just above us !
    Sheesh ..was I glad we weren’t there !

    BTW .. I had to scrub the house number out .. don’t want to get S&J into trouble !
    ;-)

    http://en.wikipedia.org/wiki/Reginald_Kray

  80. Hello Mr. Keiser,
    I have had the opportunity to watch these videos and frankly I found the claims of your guests (Stacy Herbert and Rob Kirby) quite embarrassing. Both discuss the outlandish notion that China has authorized the default on certain derivative contracts.
    This assertion is taken from an AP news story that was quickly denied by the Chinese government . Even the original news story contained statements that no such letter had been sent out. It also disscussed the fact that the contracts in question were primarily in Singapore and Hong Kong which are outside Chinese jurisdiction. China could not possibly authorize a default of contracts in another jurisdiction and any attempt to default by a private entity would result in an immediate freeze of assests in that jurisdiction.
    As well both guests discuss Barricks hedge positions without any knowledge of the structure surrounding those hedges.
    Ron Kirby admits he lacks information concerning the Barrick hedge book but claims his math concludes that Barricks stock offering will fall far short in the ability to unwind the hedges.
    What is most disturbing is how all of this is used to bolster the claims of manipulation in pricing of commodities, particularly in the gold market.
    Referencing GATA and its founders is the ultimate insult. These guys have repeatedly demonstrated a complete lack of understanding concerning the price action of gold and the relative positions held by traders (that they accuse of manipulation) in the COMEX market.
    I think your viewers deserve another look at both the notion of gold price manipulation and the brokers of this ridiculous theory.
    If you ever need help with this, I am at your service.

    Best Regards,
    Mark Taylor