Pre-emptive nukes, de-dollarization speculations & off the shelf gold

Posted on October 15, 2009 by stacyherbert| 15 Comments

Stacy Summary:  Morning!  Glad y’all liked the suicide space bombers from yesterday’s Truth About Markets.  Here are some headlines I gleaned from the comments section.

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15 Responses to Pre-emptive nukes, de-dollarization speculations & off the shelf gold

  1. Phil | October 15, 2009 at 1:19 am |

    Unconfirmed : Israel may attack Iran after December – Le Canard Enchaine

    http://www2.debka.com/headline.php?hid=6321

  2. aleix1979 | October 15, 2009 at 1:32 am |

    How would a suicidal space financial bomber be? Throwing the Goldman Sachs building from outer space?

  4. Phil | October 15, 2009 at 1:35 am |

    Congress Removes Authority to Ban Riskiest Derivatives Trades Because “There Was Concern That A Broad Grant To Ban Abusive Swaps Would Be UNSETTLING”

    …Unsettling to the economy?

    No.

    Unsettling to the 5 banks which comprise the lion’s share of the derivatives business…

    http://www.washingtonsblog.com/2009/10/congress-removes-authority-to-ban-abuse.html

  5. Mark@Berlin | October 15, 2009 at 1:41 am |

    hey Phil…I will be very surprised if they attack Iran. If they did it’s game over for the USA. I remember Seymour Hersh mentioned a while ago that he knew of top ranking generals that would quit if the administration decided to go in. It would be a strange day indeed if they did attack.

    and l have a question for Max…what does Alex Jones mean when he says “off shore” bankers?

    Keep up the great work guys…cheers Mark

  6. aleix1979 | October 15, 2009 at 1:51 am |

    Don’t feel much like gold jibber jabbering today :-(

  7. Phil | October 15, 2009 at 2:03 am |

    @Mark@Berlin .. Iran

    There’s a lot of political chess going on right now .. No Action Talk Only !
    ;-)

    OTOH, the Israelis bombed Baghdad’s Nuclear site in 1981 or was it 1982. ( Book: 10 minutes over Baghdad )
    Who knows what may happen .. after all, the Americans love their shiny military toys and are probably dying to test them somewhere. The Israelis have already done test flights to Gibraltar and back. The game is control of power in the middle east – “US” versus “us” ! aka the “Brezinski Plan”.
    BTW .. it wouldn’t surprise me if they did attack one day … after all, why would Obama get the Nobel Peace Prize if they didn’t think it was serious !
    ;-)

  8. larry | October 15, 2009 at 2:05 am |

    http://www.msnbc.msn.com/id/33319472/ns/us_news-weird_news/?gt1=43001 pick of todays msn media news story ,fake lotto winner promises to pay for everyone’s purchases in ohio store causing a riot ‘ , who said that there aren’t riots in america ? life can be cruel , too cruel…..

  10. Illya Kuryakin | October 15, 2009 at 2:08 am |

    Wanna know how ingrained this dollar addiction is in some countries, just check out the Canadian newspapers every time the Looonie comes within ten cents of parity with the FED paper,

    Firms scramble to counter high dollar

    Pain of sinking greenback price for reviving economy

    Learning to live with a stronger loonie

    These assholes may as well be working for the CIA. They probably are. They’re lucky I’m not prime minister because they would facing treason charges right now.

    Rather than diversify trade away from relying on the US for 85% of it, like Trudeau tried to do in the 70′s, these idiots would rather see the Canadian economy tank, and the Loonie be devalued even more than the USD. Insane and treasonous.

  11. Illya Kuryakin | October 15, 2009 at 2:21 am |

    “what does Alex Jones mean when he says “off shore” bankers?”

    I don’t know what AJ means but I know what I mean when using that term: FED-controlled banks in the Caribbean that keep “buying” US debt and/or operating as Wall Street nannies as an arm of the Plunge Protection Team – officially defunct, which means in “deep cover”.

    The US economy is a complete and utter fraud. All the stats are rigged. GDP is nowhere near the official $14 trillion – maybe half that, if they’re lucky. The dollar is overvalued by 95% at least. Unemployment is at least 21%. Same goes for the UK. Theses are fraudulent command economies invented out of thin air by the banking vermin.

  12. Mark@Berlin | October 15, 2009 at 2:28 am |

    Hey Phil,
    The only way l can see an attack of any kind on Iran is if there was another 9/11 style attack in the US. Then as Chomsky said “all bets are off”. Just to be clear, an attack conducted by Israel is a US attack (orders always come from the white house). That being said, l think the bombing of nuclear plants in Iraq in the 80′s was a very different scenario than what we see unfolding today. Iran is well armed, backed by a Sino-Russia pack, but if an attack was conducted, l would think Israel and Iran within 3 hours would look very bleak indeed. Not to mention the ramifications of oil supply and the economic shock wave to follow. Like l said it would surprise me if this did take place…l was not surprised by Afghanistan, Iraq…both had no defenses what so ever.

  14. micerl | October 15, 2009 at 2:40 am |

    @aleix1979

    Throwing titan telephone poles at gold mines with your pockets full of call options. Alternatively, aiming at the queue at the Harrod’s gold bar shelves!

    However, nobody really knows if Supply & Demand laws are valid nowadays.

  15. Phil | October 15, 2009 at 2:42 am |

    @Mark/Berlin … ” Like l said it would surprise me if this did take place”

    As I said , nothing would surprise me !

    9/11 .. surprised ?
    Iraq + Afghanistan .. surprised ?
    WS Bankster pillaging .. surprised ?
    Patriot Act .. surprised ?
    Obama Peace prize .. surprised ?

    No … even if one considers that Iran is probably no push-over and has Chinese and Russian backing !
    It’s about the control of Oil .. something the US does NOT want to lose !