Stacy Summary: Lest we forget about last week’s news . . .
- Manchurian Candidate Market (Ritholtz)
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ref. max keiser – Get 6 mo’s free storage
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Rick Ackerman-
- Karl Denninger – Market Ticker
- The Big Picture
- Mish
- David Morgan
- King World News
- SmartKnowledge
- GoldCore
fiat money and the french revolution
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crash banksters – Buy Silver & gold
![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
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- A Lightning War for Liberty
High on fiat currency!
Gold getting killed, £ flying Oh Where is TOB?????
Mike
Mike ya really press ta panic button fast
Its in responce to ta 1 trillion dollar Bailout of EU
But if it really had an Impact it woulda sent Gold down by 100 $
not 10 bucks don’t worry mate yer still safe
So how do you get away with fraud in Canada? Make the fraud so big that cops choose not to investigate it because they can not commit the resources to the investigation.
Kids in school need to be re-educated. They need to be told that crime does pay when the crime is too big to investigate.
STORY:
RCMP and the Calgary police have told the Bank of Montreal they won’t investigate what could be the biggest mortgage fraud in Canadian history, CBC News has learned.
Both police forces stated last week they were reviewing the voluminous case — more than 35,000 documents — assembled by the bank’s investigators to see if a criminal investigation was warranted.
But sources have told the CBC that top investigators from both forces recently met with the bank and told it they were not interested in pursuing a criminal investigation.
In an email Sunday, the bank’s Calgary lawyer, Munaf Mohamed, declined comment.
The lack of police response does not surprise former RCMP officer Chris Mathers, who said police forces simply can’t tackle alleged frauds of this magnitude.
Read more: http://www.cbc.ca/canada/calgary/story/2010/05/09/calgary-bmo-mortgage-fraud.html#ixzz0nWdAxQfa
Where is that asteroid when you need it to hit earth
@ Mongo
lolololol
Tey would’nt allow an Astroid to hit Earth
Tey could’nt make money on ta way up
Tey could only make money on ta way down ie Rebuilding every tin
Tey’d much rather prefer WW3 tas way tey can make money on ta way up and on ta way down
lololololol
ROFL
Hic
@Bonn bonn
You in the Eastern states or W.A. ?
Kali Yuga
Kali Yuga (Devanāgarī: कलियुग [kəli juɡə], lit. “age of (the male demon) Kali”, or “age of vice”) is the last of the four stages that the world goes through as part of the cycle of yugas described in the Indian scriptures. The other ages are Satya Yuga, Treta Yuga and Dvapara Yuga. According to the Surya Siddhanta, an astronomical treatise that forms the basis of all Hindu and Buddhist calendars, Kali Yuga began at midnight (00:00) on 18 February 3102 BCE [1] in the proleptic Julian calendar, or 23 January 3102 BC in the proleptic Gregorian calendar. This date is also considered by many Hindus to be the day that Krishna died after being mortally wounded by an arrow. Most interpreters of Hindu scriptures believe that earth is currently in Kali Yuga. Some, such as Swami Sri Yukteswar,[2] David Frawley,[3] and Paramhansa Yogananda[4] believe that it is now near the beginning of Dvapara Yuga. The Kali Yuga is traditionally thought to last 432,000 years.
http://en.wikipedia.org/wiki/Kali_Yuga
@Mongo
It’s cool man, it’s evolution BABYYYYY
@ Z
I live in Bagalore India
Hic
@Mike/Liverpool gold is holding steady, waiting for its friend silver to catch up
oops wrong icon – me bad
oops wrong icon – me bad X 2
We NEED a crash – AND IT’S COMING! But if it’s a controlled demolition, there will be maintenance in the overvalued and inflated prices – which will be unfortunate.
But if this is soooooo planned, I still get the impression the Fed and their banksters are fully in control of the coming currency crisis. Then they MUST have a plan for the gold and silver in the aftermath of whatever financial apocalypse we may see
@in2dwww – yes, it’s a controlled demolition; so it isn’t just one currency or one economy, but all and so they are taking turns deflating and they are relying on highly emotional nationalism and patriotism to provide the losers that will make them the winners from the collapse; trillions of new debt has been added in the past 7 days alone, if you care about your own future, I wouldn’t stay emotionally attached to any one artificial metric (whether it is a currency or a share price) constructed by any of the parties involved; imo
It’s convenient that the Dow burp happened while DC’s talking about ‘reforming’ the financial industry. You don’t suppose that the people whose lobbyists wrote the bill had anything to do with what happened last Thursday?
@Stacy, do you think they will contain this controlled demolition or will it spin out of control?
Mongo – I will allow Robert Burns to answer that question:
The best laid schemes of mice and men
Go often askew,
And leave us nothing but grief and pain,
For promised joy!
When Max sold the rights to his market program I hope he wasn’t frugal with the use of zero’s
@Stacy, I really do hope you are right
I am Surprised tat no Hacker from China/Russia has attacked the HFT Servers or super computers
Wat tey waitin fer ??????
Hic
Lyndon LaRouche was right about the financial collapse!
http://www.youtube.com/watch?v=MdEh-7NPn-Y&feature=related
rickards sayz….More concerned if EU succeeds than if they fail. Creates austerity deflation machine.
Good article, check this one out. Kinda adds insult to injury.
http://law.rightpundits.com/?p=1588
http://imgur.com/WJCZ5.jpg
Crap just finding out ta uses of GOLD from my own link
lolololololollol
ROFL
Hic
The other day, someone gave me supposedly inside information. By 9PM GMT, I expect to find out if he was fibbing or what. Don’t want to go into the gory details but it’s about the big banks putting yet another stranglehold on the gold market. Maybe Mike/Liverpool will get his wish after all
Interesting (among the mundane) Davos Economic Discussion
http://www.youtube.com/watch?v=VLV2Oh02fL0&feature=related
I am Surprised tat no Hacker from China/Russia has attacked the HFT Servers or super computers
Wat tey waitin fer ??????
Hic
Thats what I was thinking Bonn
It’s vunerable
HFT
Direct Edge ECN set to become 4th U.S. stock exchange
‘Gaining exchange status will also add to the speed of trading on its systems because Direct Edge will no longer have to go through a stock exchange to quote the bid and ask prices on a trade.
‘Direct Edge, the third largest U.S. equities trading venue in terms of overall volume, competes with three other U.S. equities exchange operators, New York Stock Exchange parent NYSE Euronext (NYX.N), Nasdaq Stock Market parent Nasdaq OMX (NDAQ.O) and BATS Exchange, which is privately owned.’
** NOTE **
‘Direct Edge, which is owned by Goldman Sachs Group Inc (GS.N), JPMorgan Chase & Co (JPM.N), Knight Capital Group Inc (NITE.O), hedge fund Citadel and the International Securities Exchange, an options market owned by Deutsche Boerse’s (DB1Gn.DE) Eurex.’
http://www.reuters.com/article/idUSTRE62B4LE20100312
http://www.directedge.com/AboutDirectEdge/FAQ.aspx
All mechanical devices can fail. I’m sure once some 12 year old kid on Xbox Live wipes out the stockmarket using an algorythm he knocked up from a Modern Warfare 2 killstreak mod the powers that be might change the rules. Afterall, Gary Mckinnon hacked the pentagon with a 56k modem and home PC.
Lyndon LaRouche explains start of WW III
http://www.youtube.com/watch?v=gbuoH1g_jYw&feature=related
If the damn thing is on the inter-web-nets, uses a web based application and isn’t stand alone it’s balls are swingin’ in the breeze.
Pardon my French ladies.
max at ritholtz.com
http://www.ritholtz.com/blog/2010/05/manchurian-candidate-market/
Lets have a big round of applause for warren buffett and the power elite cheerleaders ( cnbc fox bloomberg etc. )
Market Rally = Time to Refill the Pinata
@dan valley
Love that clubbed to death tune. You seen the original music video ? VERY appropriate ! lol
TJ, hey.. we already know what the Fed is up to so dont wait until 9pm
Goldman goes 63-0…
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHRgsfzJINXw&pos=5
Hey there Maxi, hows it goin’ mate ?
I saw that show you did awhile ago, the one where you tracked down that C.I.A. spook and he wasn’t home XD Did you get any “funny phone calls” after that gig mate or what ? lol
Kagan, my god. Why can’t Obama be more like Berlusconi..
Someone to fight against inequality http://www.dailymail.co.uk/news/article-564760/Former-topless-model-joins-Berlusconis-cabinet-Italys-equalities-minister.html
“I LOVE NEW YORK IN JUNEEEE..HOW BOUT YOUUU” ?
Robin Williams – Fisherking
Come visit sometime, we’ll rummage !
Lyndon LaRouche appeals to people that had very serious fathers who never listened to them..
I mean All ya hafta do is embedd a small program on Goldman Sach computer and use its own Computing power and Voila
Kabooooooooom
Write ta program in chinese or Russian so in ta International Courts the Jury will have no freakin Clue what ta Hacker is talkin about if he gets caught tat is
Hic
HFT
‘If the radiance of a thousand suns were to burst at once into the sky, that would be like the splendor of the mighty one. Now I am become Death, the destroyer of worlds.’
-Max Keiser
Giggle snort……
…..Or the finance department at Skynet anyways.
@ Z
tas a copy from tis dude notice he Quotes Hindu Scripture ta Bhagwad Gita
WTF is Atomic Age – J. Robert Oppenheimer Quote
http://www.youtube.com/watch?v=n8H7Jibx-c0
Hic
In 787 Charlemagne established a new system of currency, higher standard. England’s King Offa adopted this system. It was so sound that it was continued to be used until it was dropped by the United Kingdom in 1971.
http://books.google.de/books?id=bQlJP9O9hKkC&lpg=PA97&ots=Rifs9N_c1b&dq=John%20J.%20Butt%20charlemagne%20mint&hl=en&pg=PA99#v=onepage&q&f=false
Why is he quoting the Bhagwad Gita ??????
@ Z
tas a copy from tis dude notice he Quotes Hindu Scripture ta Bhagwad Gita
WTF is Atomic Age – J. Robert Oppenheimer Quote
http://www.youtube.com/watch?v=n8H7Jibx-c0
Hic
Hindu script’s been a bit popular for awhile now bonn me old son, wouldn’t put any money on it.
…Last time I bet on religious stock I later found out there was no Santa Claus…OOOPS ..Sorry folks, should have put a spoiler in there somewhere.
GUESS I PICKED THE WRONG DAY TO QUIT SNIFFING GLUE !
Did you know Bonn, when they tested the first abomb they didn’t have a clue what would happen, they theorized something would, but not exactly what.
http://www.youtube.com/watch?v=7jS4muIxFkw&feature=fvw
The rest as they say, is history
@ zaphodity
Tas not Entirely True
They did know what was gonna happen
Wink Wink
Hic
Yer been mis- lead mate http://www.abovetopsecret.com/forum/thread568334/pg1
Ridle me this..Why do Gold and Silver move opposite to Platinum and Palladium?
Youve been had @ yer history classes
http://tinyurl.com/37ccysh
Hic
This made me chuckle,..thought I’d share it !
It’s not funny ha ha,..just funny with a shake of the head,..know what I mean,..huh
http://www.brasschecktv.com/page/841.html
Rule 48 Invoked (May 10, 2010 – BW/Bloomberg)
The New York Stock Exchange and NYSE Amex cash platforms invoked a rule today designed to smooth the opening of stocks when futures and overseas markets suggest high levels of price volatility.
Full article:
http://www.businessweek.com/news/2010-05-10/nyse-invokes-rule-48-to-suspend-price-indications-before-open.html
At least the drug company warns you that your viagra fun may end in an erection that last four hours and you going blind while your looking for relief. The least these politicians could do is tell us that these bailouts will result in the tax man pulling wazoo’s of deflated fiat currencies out our butt while they wisper sweet nothings in our ears.
@gold + silver/platinum – palladium
Lease rates are very different on these metals.
http://www.kitco.com/market/LFrate.html
Goldman Sachs clears the pub of fooking ponces:
http://www.youtube.com/user/FranTxis#p/c/5D374BAE7D7A6C46/86/3XL1m89nkk8
@gold/silver – platinum/palladium
These metals trade differently because of very different lease rates. platinum/palladium were never monetised.
http://www.kitco.com/market/LFrate.html
Friend from US geological Dept. just bestowed this pearl ….did you know that the first oil wells in the world were drilled in Pennsylvannia….and it was the oil producing capital of the world….from 1840s to 1930s…until they dryed up. ….. since then they have all naturally be refilled…and they have discovered that oil is not a fossile fuel but a naturally occuring by product of geological activity…interesting no?
Ok back to the more mundane lol
NEW YORK, May 10 (Reuters) – Fannie Mae (FNM.N), the largest U.S. residential mortgage provider, on Monday reported a net loss of $13.1 billion in the first quarter and said it tapped the Treasury for additional aid of $15.3 billion.
@ Dedo
This made me chuckle,..thought I’d share it !
It’s not funny ha ha
Tooo funny loololololololol
ROFL
and you aint even Off topic Tis thread does mention High Freq. terrorism
Hic
FUCKING GOLDMAN SACHS!
This is the time to start to compose a list of people that deserve grave punishing when the time of reckoning comes.
LET THEM ROT IN HELL!!
#@(${)@#U%)( U@#%_#(@IU%
THIS IS 100% PROOF: TIME TO ROOT OUT Goldman Sachs
http://www.zerohedge.com/article/unfuckingbelievable-goldman-has-zero-trading-loss-days-last-quarter
@ dan valley
Yeah, and money grows on trees too!
If the abiotic oil theory were true then:
1) What makes you think that it will get replaced as fast (or faster) than we can extract it? If it takes nearly a hundred years to get 1 year’s extraction volume it ain’t a flyer.
2) Why is the oil industry pumping oil out in the Gulf of Mexico and encouraging the state to invade Iraq / Iran to get their hands on Arab oil when there’s the home grown stuff on tap?
3) What do think did happen to the billions / trillions of lifeforms (plant or animal) that existed on our planet for the last few billion years? Did all that decomposed biomass just get swept out to sea? (I got a sneaky suspicion that they were made up of wierd chemically stuff like hydrogen and carbon, oh, what’s the name of that stuff, yeah that’s it, HYDROCARBONS!)
You’ll be telling us that coal grows on trees next
@ Frans H/ T
Sure Stacy Cummon tis Goldman Sachs didnt go negative last Quarter ??????
@&@&$^%&%(@&*$&$$*T&@^@^@%#$#&$(%%(
Off wit tear heads
In the quarter ended March 31, Goldman made money on every single trading day. The firm did not record a loss of even $0.01 on even one day in the last quarter. That’s 63 days profitable out of 63 trading days.
Will need to freakin get tis confirmed toe
Hic
Got ta Bloomberg article
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHRgsfzJINXw&pos=6
Goldman Sachs Has First Quarter With No Trading Loss (Update1)
May 10 (Bloomberg) — Goldman Sachs Group Inc.’s traders made money every single day of the first quarter, a feat the firm has never accomplished before.
Daily trading net revenue was $25 million or higher in all of the first quarter’s 63 trading days, New York-based Goldman Sachs reported in a filing with the U.S. Securities and Exchange Commission today. The firm reaped more than $100 million on 35 of the days, or more than half the time.
F@##&$^$*##*(@&@^@*@&#
lololololololol
Everyone @ tis site is gonna get pissed off Esp. Max
Rofl
Hic
Machette goes all reality
http://www.liveleak.com/view?i=cbd_1273354744
Hey Hawkeye coal is trees…and hes not saying it gets replaced as fast as it gets used.
@Frans
Now I wonder what the figures for GS look like on Friday 7th May!
Will it take another 3 months to find this out??
100 mill a day on 35 tradin days by not producin any Goods/services
F@@#$$$*@^@*@&
Wheres the SEC ????
Oh tas headed by Ex – Goldman Sachs Employee
Where s ta US Fed
Oh tas headed by Ex – Goldman Sachs Employee
Hmmm Errrrrr
Tooodley toot
Hic
so a 9% drop is a technical error but an 8% rise is just normal…
CAC 40 3,670.36 +277.77 +8.19%
Wheres ta Kenyan Boy Obama
Oops his CamPAIN was funded by Goldman Sachs
Errrrrrrrr Emmmmmm
toodley toot
Hic
“If you think the massive sudden drop happened because one lowly trader hit one wrong button, if you actually believe that the entire stock market can plunge because of one mistaken key stroke by a low level trader, you are stunningly naïve. I hate to burst your bubble, but this was a direct attack.”
With such riveting reporting skills, it’s a shame that his essay is completely lacking in any correlative data other than ribald and ridiculous speculations.
@ Max and Stacy this is worth Reading,, this secret…but is it TRUE??
Were all saved if it is, the debts really don’t matter, even the politicians can save themselves.
Its all in here must Read FOFOA explains….
http://fofoa.blogspot.com/search?updated-min=2010-01-01T00%3A00%3A00-08%3A00&updated-max=2011-01-01T00%3A00%3A00-08%3A00&max-results=20
DJI 2 year chart
http://uk.finance.yahoo.com/q/bc?s=%5EDJI&t=2y&l=on&z=l&q=l&c=
I think iv said enough !!
See you one day, on the other side of the curtain, some time soon..
LMAO
Everything seems to be ‘amped’ these days, from the journalism to the actions of the politicos. But then, amped is not a word one would use to indication action based on genuine reflection or solid data, but of a reactionary form of emotive appeal reminiscent of revolutionary propoganda.
And who foments revolutions? Well, the royals. At least in the past….
Ring any bells?
http://www.iisg.nl/exhibitions/chairman/sov05.php
@frances snoot you can ring my bell….
http://www.youtube.com/watch?v=I0PamtXZO70
Medvedev interview, pretty interesting subjects.. http://www.youtube.com/watch?v=gw6BweaW-L0
Lets blame an ISIM
Just the mere mention of “High Frequency Trading” makes out bodies feel so GOOD … it brings tears of JOY to our eyes … http://www.youtube.com/watch?v=TCeD_6Y3GQc
@Snoot
For you http://www.youtube.com/watch?v=I0PamtXZO70
@dan
Damn, I mised your post..
HFT
guest suggestion:
Irene Aldridge
http://www.irenealdridge.com/about/
http://www.linkedin.com/pub/irene-aldridge/3/b62/822
http://www.amazon.com/High-Frequency-Trading-Practical-Algorithmic-Strategies/dp/0470563761/ref=ntt_at_ep_dpi_1
DING DING DING
Look’s like we have two bell-ringers, folks. In the left corner is DanV. Registered Patriot and former Texan with a mean right-armed jab.
And in the left. Don’t let looks fool you, folks. Mother of God it’s one one-hundred-something-or-other full-throttle European fighting machine. I mean: if you want climate change you got it.
Oh, boy! What a fight! And don’t be fooled by DanV’s evasive tactics. He’ll come on strong in the fourth if Mother Earth don’t rain down those hard-armed hammer shots. Seems Mother’s been a bit meek lately, but he’s only been CONSERVING.
What a fight. What a fight.
Texan…. Pshaw Im Lithuanian.
http://www.savvyredhead.com/img/trophy.jpg
Awarded Stacy for highly distinguished patience.
@ Phil hope your doing ok?
No one spears to read anything ….. lol
Pugach anyone?…How about some halupkies
Texan…. Pshaw Im Lithuanian.
Sorry, DannyV. I think the announcer was rather ‘amped up’.
Mr. Rickards sayz…CNBC today http://bit.ly/9oJFMZ. “Goldman can create shorts faster than Europe can print money.”
Brown resigns!
http://news.sky.com/skynews/Home/Politics/Gordon-Brown-Gives-A-Statement-Outside-Downing-St-As-The-Lib-Dems-Continue-Talks-With-The-Tories/Article/201005215629185?lpos=Politics_Carousel_Region_0&lid=ARTICLE_15629185_Gordon_Brown_Gives_A_Statement_Outside_Downing_St_As_The_Lib_Dems_Continue_Talks_With_The_Tories
Mike
Brown Resigns…..In SEPTEMBER
Just in time for the default and devaluation fireworks
“The best-laid schemes o’ mice an ‘men
Gang aft agley…”(Robert Burns: To A Mouse, 1785)
I keep wondering when the gods of fate will catch up with the Banksters:
hubris [ˈhjuːbrɪs], hybris
n
1. pride or arrogance
2. (Literary & Literary Critical Terms) (in Greek tragedy) an excess of ambition, pride, etc., ultimately causing the transgressor’s ruin
[from Greek]
Great minds and all that…
http://jessescrossroadscafe.blogspot.com/2010/05/goldman-sachs-overreach-hubris-and.html
“The hubris associated with the trading crowd is peaking, and heading for a fall that could be a terrific surprise. It seems to be reaching a peak, trading now in a kind of triumphant euphoria after the European capitulation and the recent equity market volatility.”
Shades of Franklyn D !!!
Equity volitility is a result of Basel regulations according to this man:
Dr Hugo Bänziger is chief risk officer at Deutsche Bank and a member of its management board and executive committee
“In aggregate, the proposed measures will increase market volatility during a crisis with a significant impact on the fair value of assets. Shocks that had previously affected banks to different degrees will in future prompt every bank to raise equity and term debt at the same time, or massively cut their balance sheets. With such perfect synchronicity and no room for banks to exercise judgment, it is well imaginable that the next financial crisis would be even more severe than that of the past few years…
New robust regulation is essential for financial stability, but we must ensure we have addressed past issues. Credit ratings could be made less volatile by using stress values or a five-year time horizon; term-financing requirements should be decoupled from credit ratings; liquidity buffers should be accessible when needed; and formation of alternative capital instruments should be encouraged by sensible standards.”
http://www.ft.com/cms/s/0/c2063618-5193-11df-bed9-00144feab49a.html