you got more mail.

rno

Not familiar with “C” Street … I located this on the internet … is this what you are making reference to?

“C. Street seems to be a refuge for religious politicians, where Christian fellowship is welcome and secret sexual affairs remain just that - secret.”

I have not seen last week’s Bill Mahr show … care to share?

Will look for your reply in the morning … been a long day and ready to retire for the day.

You have mail

Does the house on “C” street in Wash, DC fit into your investagative work anywhere?

Did you happen to watch last week’s Bill Mahr show?  One of his guests was the author of a book called, (I believe) The Family.  Wow! What a story.

I once was, back in the 70s and early 80s. Can’t recall how I came to drink the kool-aid and buy into the lies, but I did and wandered in the proverbial desert for almost 20 years. Somehow I got a wake-up call in 2002, and have resumed the learning curve once again.

Unfortunately, I don’t have the cognitive powers I had in my youth. Seeing the bigger picture and how things tie together - as what happens when doing a puzzle - are much more difficult for me. I used to be able to piece things together in my head, now I need to draw diagrams/pictures. Even then, the wholeness exceeds my grasp.

I’ve done calculations along the lines of “how many people” and did not arrive at such a small number. However, I do know that it would take a mere 5,000 or so to recapture the original intent of the U.S. Problem is to a) fine them, b) get them together, and c) commit to and pursue a common objective. Thanks for sharing what you did. I would more than welcome an opportunity for a lengthy exchange over some form of libation before this all comes undone. Perhaps another Tottsville event will provide that opportunity. One can only hope, and hope that enough has been gained from the stocks to fund the trip.

Have a good night.

if the comex can truly deliver paper (ETF) instead of bullion, then gold on the comex can go to the moon because the comex can deliver any amount of paper and shift the risk to a third party. significant doubt has been casts on the etf’s and their inventories. if this passes someone’s sniff test then they have more than one orifice that’s going to get reamed. lets be serious. can we trust anybody out their handling our resources? my paper gold is invested with centuries old gold miners who have been through about every upheaval imaginable and i’m still nervous.

the lip service about raising taxes is a real winner. raise taxes in the middle of a recession and what are the political results? not even the messiah is that stupid. if it becomes clear he will not win another term, the free-for-all will finish the transfer of wealth and only a shell will remain. the end game is here. you should be making final preparations.

rno

Irish … I have been investigating the elites now for more than 30 years and anything they do doesn’t suprise me in the least.  In the past it was nothing more than picking up a few pieces of the grand puzzle at a time knowing that eventually a clearer picture would emerge.

What is most interesting about what is taking place globally is that it is but a small number of individuals who are behind the design and the master plan for global dominance and then for execution of the plan we are probably looking at no more than 10,000 more working in various fields of importance such as politics, media, education, think tanks.  So basically what we are faced with is as a total group of less than 15,000-20,000 dictating and controlling the lives of billions of people.

The other aspect of my investigation that I find of interest is the connection between politics, economics, and religion.  Once one understand the relationship between these three then the truth can be discovered and the evil exposed.  I have studied ancient religions and ancient civilizations … I have also studied monetary history and secret societies.  As such I have learned from the past and know what to look for in the future.

I’m not an insider by any stretch of the imagination but I have been fortunate to have both the time and inclination to learn.  I do not have all the answers to what will happen, but I do feel that I have enough knowledge that is accurate to protect myself and my family and friends as best I can.  I read excessively each day and learn more and more each day that I willingly share with others.  Whether or not one wants to accept or reject what I share is obviously totally up to them, and if they disagree with my views I am always ready to hear another view as long as the discussion remains polite and professional.

“ If the U.S. $ drops to a very low level, would other countries have to consider revaluing their own currency`

Unfortunately I have nether the experience nor competence to address that specific question. But I can offer the following unprofessional opinion. I do not think it is a matter of any particular nation, such as new Zealand, Australia or Canada doing anything to `revalue“ their currency relative to any particular value of the US dollar index. However, you and I both know that the current value of our physical gold and silver holdings, expressed in terms of the dollars by which we bought those physical holdings, is very much controlled from day to day by the value of our dollar relative to the U.S dollar on any given day.

What this means to me is that it doesnt matter to me very much what POG is doing relative to the current value of the US dollar index, because on a day when POG makes a big gain (expressed in US dollars), the value of my physical holdings can actually go down on that day because of changes in the Canadian dollar - US dollar relationship.

So my conclusion is that the only thing that really matters for the daily valuation of our portfolio is the currency markets of the day. I dont remember the exact figures that portray the immensity of currency trading and bond trading each day, but each of these markets by themselves and the two of them combined make the PM daily trading market look like an irrelevant tiny mouse.

So Goldtent posters who are clever enough to post fundamental and technical reasons why the PM market is going to go up or down (those clever enough to do that know who they are, so I will not name any of them), are, in my opinion, totally at the whim of the international currency markets and the international bond markets - the big boys in the room.

I wish you the best for the currency by which you buy and sell PM-related physical, shares or warrants. Cheers. Equiz.

Bill H:

Down goes the dollar

To all; the Dollar has broken down very hard and is now under the “78″ level which has held twice since last fall. This is surely not a “confidence building” event from the standpoint of foreigners and puts the spotlight on Sec. Geithner’s recent globe trotting strong Dollar rhetoric. Gold has broken above the $960 level and has acted very differently over the last 4 trading days. I say “differently” because for about ten years now, it was a rare day that the metal of Kings would show up at the COMEX open in the plus column let alone 4 days in a row. As mentioned last week, I cannot remember a time where Gold was set up, shot, and then rallied back to the level above where the crime was committed in such short a time span. This bodes well.

The action in the junior Gold shares has also changed. Last year at this time, a junior could announce spectacular drill results only to end the day flat or in the loss column. This is not so today! More than a handful of juniors have announced positive drill results over the last six months and some have been awarded “ten baggers” or more. This is not across the board yet but is certainly a positive sign for things to come. Last Nov. and Dec. it looked like the sector was going to zero. Many real companies could be had for .10 cents per share or less and lending the opportunity to purchase 100’s of thousands of shares for virtually nothing. For those who stepped up to the plate and “fought the urge to puke”, the next couple of years could mean permanent retirement.

The banking cabal had to do what they did last Monday and Tuesday by artificially pumping up the Dollar prior to their “verbal spanking” that I am sure the Chinese delegation administered. The years of throwing money at problems in the hope that a solution could be found over the next six months is now coming to a head. This policy created “mal investment” across almost all sectors (some sectors got overinvested and others such as mining were underfunded), Mother Nature is now in the process righting these wrongs starting with the outflow of capital from Dollars. The result will be a currency crisis unlike any other in history.

This will not be a localized event like Russia, Mexico or Argentina. The collapse of the Dollar will effect every facet of human life because it was artificially inserted into every nook and cranny in the first place. It will be very interesting to see how affected global trade will become once “the holiday” begins. Some, like the Chinese have already begun cross currency deals with trading partners in anticipation of this event. Some people may chuckle and say “never happen”, I say the math is the math.

The amount of existing debt is now driving necessary future debt and has carved in stone the collapse of the Dollar. It is only a question of timing at this point and I do not believe the U.S. will ever allow a natural cleansing of the system because of the derivatives outstanding. A market closure (which is akin to a rudder on a tank) is the only way they can try to steer the currency markets and have any control at all. The next support on the Dollar is somewhere close to the “76″ level which once broken brings “70-71″ into play. I personally do not think the markets will be allowed to breach this before the Feds step in and close the casino. I think an “unofficial” official devaluation will occur while the markets are closed. The “insiders” will naturally front run this as it will be the only way to retain any power at all. This front running will be seen in the metals and is what I believe we are witnessing now. Regards, Bill H.

James Mc…

…..Thata Boy Haa BUYMORE CHARGE! Thats my man …go get em buddy
Boy Sckpak has it goin tonight ..he is on the mark too

This:

Top U.S. economist feels China’s huge commodities restocking programme may have been excessive and lead to a fall in commodity prices in the second half of 2009.

www.mineweb.co.za/mineweb/view/mineweb/en/page72068?oid=87063&sn=Detail

or this:

Base metals soar on US, China manufacturing data

www.theaustralian.news.com.au/business/story/0,28124,25879738-36418,00.html

———————————————————————————————–

I guess it depends on which side you are looking from ………… well I’m going to

buymore

Pakistan Daily - The Pakistan News Agency

August 1, 2009 

Murder suspects are either convicted or acquitted at trial based on the prosecution’s presentation of EVIDENCE which usually hinges on MOTIVE, OPPORTUNITY, and TIME-LINES combined with physical documents. To gather such hard evidence, detectives and/or federal agents often spend months following leads and interviewing witnesses. In the trial phase, re-creating the sequence of events is essential. I submit this paper will provide more than enough hard evidence to at least result in a series of criminal indictments of charges of MASS MURDER, and CONSPIRACY TO COMMIT WORLD GENOCIDE against Novartis Pharmaceutical principals and agents and others.

PRIMARY MOTIVE

The Primary Motive behind this alleged criminal activity is also the primary cause of most murders in the world today, and that motivation is simply: BIG MONEY. Billions of Dollars of windfall profits from government contracts worldwide, as a matter of fact.  I will provide evidence that will show that Novartis Pharmaceuticals of Basel, Switzerland has conspired with corrupt “scientists” at the U.S. Army Institute of Pathology ­ Ft. Detrick, Maryland, to create a “novel” strain of weaponized “influenza” virus by means of “reverse engineering” the deadly 1918 killer strain ­ which strain was maliciously and surreptitiously released upon the world in March and April of 2009 for the primary purpose of creating a panic-stricken world-wide demand for Novartis vaccine material.

The evidence will also clearly show that the Novartis vaccine material is in reality designed to facilitate the further mutation of the pandemic into more lethal waves of increasingly virulent and deadly disease, rather than to curtail and limit the existing outbreak. The evidence will show that Novartis is willingly being used, (and extremely well-paid) to facilitate the edicts of the global elite’s Club of Rome; which edicts clearly call for a massive and sudden depopulation of certain segments of the earth’s human population.

Link: http://www.daily.pk/7780/new-evidence-that-the-%E2%80%98swine-flu%E2%80%99-pandemic-is-man-made/

How many times have we heard thru the MSM (Main Stream Media) and both elected and unelected officials (The Fed) that there was absolutely no way that this economic collapse could have been predicted?  Well we here at the Tent along with many others in the private sector spoke of this disaster many many months ago.  The handwriting was on the wall for anyone with a minimum amount of education in the fields of economics and politics.  What follows is a link to just someone like those here at the Tent who spoke about the coming economic collapse.  Enjoy. 

“You might ask yourself, then, Why on earth did he get invited to speak here tonight? It seems that I am enjoying my moment in the limelight, because I am one of the very few people who several years ago unequivocally predicted the demise of the United States as a global superpower. The idea that the USA will go the way of the USSR seemed preposterous at the time. It doesn’t seem so preposterous any more. I take it some of you are still hedging your bets. How is that hedge fund doing, by the way?”

Link: http://www.miatoday.com/articles/greatCollapse.asp

You Said:

“Okay, who can riddle me this: EVERY single freaking time that the

by silverboom @ 19:27 pm.

gold markets close at the end of the day, and then reopen again, the price of gold goes DOWN. NEVER up. Why?”

That’s an easy one. Goldman Sachs has a presence in 26 countries around the world with a mandate to serve the governments and high net worth individuals of the world. Mystery solved?? I think so!!

Oh My God.

I write two Tickers on The FDIC and banks’ refusal to take their marks, and gee, you’d think someone over there might have read them!

SAN FRANCISCO (MarketWatch) — The Federal Deposit Insurance Corp. said late Monday that banks should recognize losses on home loans promptly and warned that failure to do so could delay efforts to mitigate the financial impact.

Institutions must analyze the collectibility of the loans they hold for investment at least every quarter, the FDIC said in a statement on its Web site.

Banks then have to keep an appropriate allowance for loan and lease losses, covering estimated credit losses on individually evaluated loans that are deemed to be impaired, and on groups of loans with similar risk characteristics, the regulator said.

That’s just too much.

Let me put it in simple English, Ms. Bair.  Here ‘ya go, in formal letter format:

From: The Tickerguy
To: Ms. Sheila Bair, FDIC Chairwoman
Regarding: Your FDIC Statement Nonsense

Dear Ms. Bair;

You know full well that essentially every bank in the nation, including the largest ones that went through the so-called “Stress Tests”, have been intentionally mis-marking loans “held for investment” at or near par even when there is essentially no chance these loans will be satisfied in full, and that this practice has been going on since the housing crisis began.

These include defaulted loans; there are literally millions of Americans that are living rent-free, right now, because their lender has sent out a NOD and then done nothing else, despite never paying another penny toward their mortgage.

Why is the bank doing this? 

That’s not hard to figure out. 

If the banks foreclose and sell the property then the sale price becomes the indisputable mark to market on that paper, and avoiding that mark is absolutely critical or these banks would be forced to recognize their own insolvency.

Thus we have people who live in their houses for more than a year with nothing more than a NOD in the mailbox, we have people who have had their homes foreclosed upon and then the bank has refused to perfect title (leading to stories in the media of foreclosed owners being chased for neglected upkeep, code violations and similar) and we have banks that have made a practice of bidding themselves in the foreclosure auction for the full mortgage amount, which of course is dramatically more than anyone else will pay for it.  They wind up “owning” their own foreclosure but the paper remains marked at the full mortgage amount, since that’s what they bid, even though there’s not a snowball’s chance in Hell that any real buyer would pay anything close to that amount (evidenced by the lack of bids at or above that amount at the auction!)

I have repeatedly stated (and shown my work) that there was likely $3 trillion in total “bad paper” in the banking system in residential mortgages alone. 

We know for a fact that recovery is running in the neighborhood of 40% (including both first and second lines) from those loans that have been followed through from default to recovery. We know for a fact that bid lists of defaulted second lines circulate all the time and trade literally at a few pennies on the dollar; thus, a second line behind a defaulted first loan is essentially worth zero.

We also know that about $1 trillion in bad loans have been written down thus far, which means there is two trillion more to go, and then we get to talk about commercial real estate where “extend and pretend” has even become part of the vernacular of the trade!

Ms. Bair, this sort of misdirection is the worst sort of tripe.  You have two banks with self-identified negative Tier Capital Ratios, a circumstance that is never supposed to happen, but it has.

You have a third identified bank that had its last real chance for a rescue evaporate Friday and it reported, at the same time, a quarterly loss of more than five times its market capitalization.

All three of these institutions should have been seized LAST FRIDAY, but there’s a problem with doing that, isn’t there Ms. Bair?  It’s this table here showing how much money you have left in your insurance fund, and the average loss for a seized institution:

The last line in particular shows a paltry $826 million dollars left.  Now since the FDIC thinks its cute to be somewhat secret about exactly how much money it has (and what of that is committed) we don’t have hard numbers, but this was a “best guess” sent to me the other night - and it looks about right.

So exactly how do you intend to close those three (and the other few hundred similarly-situated) banks and make sure Granny gets her $20,000 life savings back?  With your good looks?  Yes, I know, you have a potential $500 billion credit line from Treasury, but that line isn’t funded and in order to do so Turbo Tax Timmy would have to go auction off another $500 billion in Treasuries, and there might be a tiny problem with doing that, given the insane rate of issuance already taking place.

It would appear to me that if being able to cover those deposits wasn’t a concern you wouldn’t have waited as long as you have, and you wouldn’t be taking 40% losses on the asset base of the institutions you’ve closed thus far. 

But the facts are that you have waited, we know that in some cases (IndyMac) there was intentional backdating of transactions (isn’t the common name for that “accounting fraud”?) and that there are a boatload of banks that are bidding on their own auctions and holding second lines behind defaulted firsts (or the firsts themselves!) at close to par.

We also know that despite clear evidence of the above you’re taking your damn sweet time shuttering (”resolving”) these obviously-expired and decomposing-before-our-eyes banks.

I’d love to see your answers to these points of order Ms. Bair, but in the meantime, until you do answer them, I hope you won’t mind if I get a bit nervous when I see that “FDIC Insured” sign on the door of my local bank. 

After all, we’ve already all seen what happens to the banking system and economy when you have an insurance company that writes checks with its mouth that it can’t cash with the money in the vault (cough-AIG-cough!)

You have to watch this video (45 seconds) if you haven’t already seen it of a building in Turkey that was wired for demolition … obviously whoever was hired to set the charges for this implosion was not the same firm used to take down WTC 7.

http://www.huffingtonpost.com/2009/08/03/implosion-goes-wrong-buil_n_249940.html

http://www.youtube.com/watch?v=a8UjY3YDlwA

Lloyd Doggett’s meeting on Obamacare in south Austin, TX, 1 Aug 2009

http://www.youtube.com/watch?v=J-Bpshk5nX0

Crowd Explodes When Arlen Specter Urges That We “Do This Fast”

The reason behind this mass delusion is not hard to find: it’s based on wishing, especially the wish to retain all the comforts, conveniences, luxuries, and leisure that had become normal in American life.  These are now ebbing away in big gobs for most of the population — while a tiny fraction of the well-connected pile on ever larger heaps of swag, enjoying ever more privilege. Those in the broad bottom 95 percent were content as long as there was a chance that they, too, could become members of the top 5 percent — by dint of car-dealing, or house-building, or mortgage-selling, or some other venture enabled by easy credit and a smile.  Those days and those ways are now gone.  The bottom 95 percent are now left with de-laminating houses they can’t make payments on, no prospects for gainful work, re-po men hiding in the bushes to snatch the PT Cruiser, cut-off cable service, Kraft mac-and-cheese (if they’re lucky), and Larry Summers telling them their troubles are over. (If I were Larry, I’d start thinking about a move to some place like the Canary Islands.)
Too many disastrous things are lined up in the months ahead to insure that we’re entering a new phase of history: The Long Emergency.
Government at every level is worse than broke.
Our currency, the US dollar, is hemmorrhaging legitimacy.
Inability to service old debt at all levels or incur new debt.
Bad (toxic) debt lurking off balance sheets everywhere.
The housing bubble fiasco is far from over.
Unemployment rising implaccably.
So-called “consumers” unable to consume consumables.
Crucial energy import supply lines fragile.
Food supply subject to energy problems and climate abnormalities.
A world full of other societies who would enjoy watching us fail and suffer.http://tinyurl.com/lycjqu

Taxes down yet spending up … must be nice to create funny money whenever one wants.

What we are witnessing is the very beginnings of a hyperinflationary depression that will most likely be in full force within the next 24 to 36 months I would estimate.  The price / value of precious metals will rise substantially from current levels and will become the safest investments to have in order to preserve accumulated wealth.  Right now the deflationary squeeze in the economy is still on as more and more people lose their jobs and their accumulated savings … many will be left with nothing more than debt which they will be required to pay off.  Once they decide that they have squeezed all they can out of the economy and pockets of their citizens, all those free taxpayer dollars that have been handed out to the major banks will come into play as they will buy assets for pennies on the dollar.  This will also be the beginning of the end whereby the value of the currency will fall to its true intrinsic value of zero and they then can implement the final solution - computer currency under a one world banking system.

Do not for a minute think that they are not accumulating precious metals at this time … there will also be a major move toward consolidation with the pm sector - hello Barrick Gold.  You see by consolidating the industry they will control the pm’s in the ground … by accumulating physicals they will control the majority of above ground supplies … when they next begin the final phase of hyperinflation they will have basically removed the precious metals alternative to restore the economy and will instead offer up to the populace their alternative solution - computer digits.

Regardless of how this eventually ends, they will remain in control of the monetary system … they would prefer that the new economic system be computer digits, if need be and if the new economic system is based on precious metals as backing they will still have control simply because they will have control over the majority of the above and below ground precious metals.  They are playing to win in either case.

There is much more to this story that I could discuss yet what I have written here should be enough to cause anyone concern about what the future may evolve into.

The best defense that we currently have against the elites who desire to implement a one world system is that the general populace is waking up quickly to the tyranny being implemented and also there are some nations who are strongly opposed to a one world system of government and money.  Which nations might those be?  The answer is simple, who are we as a nation along with other western powers in conflict with at this time?  Who are the real terrorists in the world?

What is taking place and what will occur in the future is not that difficult to understand.  For years they kept their goals hidden from public view but now anyone with a minimal amount of investigation can understand what lies ahead - how - just read what they have written and spoken about - it’s there if you know where to look and investigate with an open mind.

Now whether or not they will finally succeed is up for debate.  Personally it is my belief that initially it may appear as if they do, but within a short matter of time they will lose everything they think they have won and finally all citizens of the world will find freedom, and all will cooperate for the betterment of all mankind.  So basically I’m saying that conditions are going to get much worse for the majority of people throughout the world for now, but in the end, those who survive will work together to build a much better world to live in.

Gold Market Points To Consider

Posted: Aug 03 2009     By: Jim Sinclair      Post Edited: August 3, 2009 at 5:54 pm
Filed under: General Editorial

Dear Friends,

1. Pay no attention to the reasons given for gold’s strength. The primary reason for gold’s action is in the US dollar.

2. The idea that the dollar is a safe haven investment is SPIN on a whole new level. Buying interest free non-guaranteed debt of a nation, as is the case with the US dollar that is strangled by growing debt, will provide little safe haven.

3. The US dollar has .7285 as a magnet pulling it down. I rate that influence stronger than the .7600 support level.

4. Gold is going $1224 on its way to $1650.

5. The gold banks will fight it all the way.

6. The gold banks cannot fight the dollar because even they are too small for that market.

7. In the 70s the tide was turned for gold first by France and then by the Saudis.

8. The tide in gold this time will be turned by China, not only with gold bullion itself, but through their impact on the US dollar.

9. The US dollar was bulled during the China/USA financial management meeting.

10. That bulling was transitory as no single entity is powerful enough to offset the directional desire of the dollar. Goldman’s cancellation of their bull recommendation on the dollar only impacted the longs that ran plus new shorts for one US session.

12. The Chinese are irate about the China bashing from US sources that seems to never stop. Today it was 3 people with the plague. Any negative news dealing with China gets immediate F-TV headlines in the US and is heard in China immediately.

13. The idea that China is captive of the US dollar is ignorant nonsense.

14. The drop in the US dollar is due to an overabundance of debt causing less international buyers.

15. Debt in the US has only one way to go and that is ballistic.

16. The Chinese will offload dollars in a myriad of ways.

17. It will be the decline in the dollar, this time to .7200 and in the winter lower that will bull gold to $1224 and then $1650.

18. This time China via the dollar will replace the early 70s French and the late 70s Saudis that helped gold then reach it high levels.

In conclusion, the gold banks will have as little luck as they did in the 70s bullying the gold market down. They will fail MISEARABLY just as they did then.

Respectfully yours,
Jim

gold markets close at the end of the day, and then reopen again, the price of gold goes DOWN. NEVER up. Why?

for those wanting really good info on immune system…  http://www.discovertransferfactor.com/ebooks.htm

By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer – 33 mins ago

WASHINGTON – The recession is starving the government of tax revenue, just as the president and Congress are piling a major expansion of health care and other programs on the nation’s plate and struggling to find money to pay the tab.

The numbers could hardly be more stark: Tax receipts are on pace to drop 18 percent this year, the biggest single-year decline since the Great Depression, while the federal deficit balloons to a record $1.8 trillion.

Other figures in an Associated Press analysis underscore the recession’s impact: Individual income tax receipts are down 22 percent from a year ago. Corporate income taxes are down 57 percent. Social Security tax receipts could drop for only the second time since 1940, and Medicare taxes are on pace to drop for only the third time ever.

The last time the government’s revenues were this bleak, the year was 1932 in the midst of the Depression.

http://news.yahoo.com/s/ap/us_plummeting_taxes

its all your fault! bwahahahahahahaha. de debils again..…good to see you pard. wj