“how do you "seize" an asset that exists only as crytography on a global network of tens of thousands of individuals in every country in the world. …” You underestimate those with evil designs on anyone that threatens bankster hegemony.
The NSA operatives, through what is fed to them through the NDAA, will have innumerable drones programmed to take out all the identified servers in one fell swoop. It probably will be effective enough to shut down the bitcoin experiment if only 10% get taken out. It’s “national security” they will say. If a few innocents get eliminated in the aforementioned scenario, charge that up to “unfortunate friendly fire”. As reported, that has taken place innumerable times in the past. People don’t seem yet to realize how committed are the banksters to prevailing, with no holds barred. They, and their brethren, are “too big to fail”, didn’t you know?
Again, the only exchange medium that has stood the test of time over the millennia is PMs.
“…the growing portion of the population that are becoming unbanked. …”
Cometh the domestic “bail-ins” and “bit-coins” will be the first to be seized. It’s easy pickings. The NSA and NDAA will spring into action identifying all participants, possibly targeting them as “enemies of the state” to be jailed without trial.
The only safe currency insurance is that which is held outside the reach of the current crop of fascist/natsi governments, including the current version in the USA.
We can put an end to all of this Obamanation if the POTUS’s poll numbers drop into the single digits. That is quite likely when the 10s of millions lose their private healthcare coverage. At that point it will become IMPEACHMENT TIME in order to prevent a revolution. If Biden doesn’t toe the line in support of the US Constitution, it will become IMPEACHMENT TIME for him as well. Then if the SCOTUS fails to uphold the US Constitution, Chief Justice Roberts will become A CANDIDATE FOR THE SAME.
Nothing will get the public riled up as much as the huge impact the current government healthcare takeover will have on their pocketbooks. Perhaps the Libertarian and Tea parties will then have an opportunity to replace the current major parties. The mass media will at that point be totally discredited if they continue to support socialist/natsi political agendas.
The current corporate control of government, down the road, would indicate the removal of CEOs from major corporations who have been reliant on the government teat, perhaps even resulting in jail time, especially in cases like that of Jon Corzine.
Addressing the damage done by the military/industrial complex, whose existence is tied to fiat money, wars and the concomitant destruction of our monetary system through outlandish wasteful money flows into the bank accounts of that bunch of pickpockets will be fare game replacing Bush's “new world order” with that which puts the people first via the US Constitution.
Do you know what is implied by mining and extracting gold and other precious metals from Mother Earth? Do you realize the capital expenditures mining overhead and minting costs to bring to customers the final product?
If so, why on Earth would you have any interest in “bitcoins”?
From perspectives here these are no different than governments issuing “legal tender”. The fact that there are some depraved carnival act type individuals trying to convince people that bitcoins should be considered as an alternative to fiat counterfeit funny monopoly money is testament to what PT Barnum is to have supposedly said: “There’s a sucker born every minute.”
But in fact this quote is attributed to a bankster named David Hannum. Since you know this originated from a bankster expressing proclivity to engage in devious objectives, you must also have a hunch that bitcoins have arisen from similar type individuals.
Also, since you asked the question, maybe you should withdraw consideration of any market investments until you’ve further educated yourself. A good start would be to read: “The Creature from Jekyll Island” by G. Edward Griffin. It is 600+ pages and available free on the Internet (targeted to a general audience). If you take this advice note that nowhere within is this fraudulent concept of “bitcoins” discussed.
If you have read anything that “sugarsail42” has written, consider him/her a bankster agent. Note that he/she stated it is endorsed by Bernanke and governments (crooks sticking together) and “sugarsail42” acknowledges participation.
The following post contains recent statements by Antal Fekete on the issue of gold “backwardation”:
“From two-tier gold backwardation to goldscam! – Fekete”
And a countervailing argument that takes the opposite view by a German PM investor, Dr. Tom Fischer, a professor at the University of Wuerzburg near Frankfurt (the birthplace of fiat money in recent history), Germany:
“Why Gold's Contango Suggests Central Bank Interference”
Fischer’s name appears associated with the Illuminati in a brief search and posits that “contango” is the natural state of affairs in the gold market.
If you do not understand these terms you might best place your dollars in the bank at 0% interest. However recent reports are that the banks are going to be charging YOU to do so.
For those who have thought this through the conclusions are obvious.
Both Fekete and Fischer are mathematicians, but, as you know, “figures don’t lie, but liars figure”.
Who do you believe?
It is too bad that links cannot be provided so you can easily access these reports, but those of you who have been here for a while know that Yahoo has designed algorithms to disallow links, so you must use the titles above in your browser in the "phrase" box to find the cited articles. No attempt will be made to see if either is "white listed" checking if Yahoo censorship has included either link as “safe”.
See the account by Alex Jones, late on 11/22. It should still be available (unless it too has been censored). Federalized police (local sheriffs) roughed up peaceful demonstrators, like the thugs that they are, bloodying a father who was holding his baby daughter on his shoulders. The purpose of the Jones protest was to expose the fraudulent conclusions of the JFK assassination by the US Government. Jones also put himself at risk for bodily harm, just by being there to defend what all who read this, except the bankster spies who inhabit this message board, is outlined in the US Constitution.
If you are invested in PMs, remember that those who passed out the orders to act against the US Constitution in that event will have no hesitation on coming after YOU if they believe they can seize your assets in future “bail-ins”. That means your SLW is going to disappear into government hands.
As Jones stated quite accurately, any who believe the propaganda that we are living in a “free country” are living in a bankster driven mass media dream world, unaddressed by any of our “representatives” who claim to adhere to their oath of office. The country can now be described accurately as fascist/natsi. Take your pick of which political tyranny fits for you. It is really a distinction without much of a difference.
So the banks paid it all the TARP money back?
1. Banks are getting free money from the Fed by not lending, but leaving it at the Fed at interest.
The banks took very risky investments that they were able to use, in part, to pay back what was lent under TARP because these investments were successful. However they knew if they were unsuccessful they could claim, once again, their “too big to fail” argument as Hank Paulson II arrives on the scene.
2. The Fed has bought the toxic assets from the banks, thus removing them from bank balance sheets. The Fed cannot sell these toxic bank assets that it bought from the banks, except at a loss. Then the losses will become public knowledge, leading to a downward assessment of the value of bank shares and bank failures.
3. Further, since the money “was paid back”, the politicians are borrowing even more from the Chinese for jobs programs (but that is fast disappearing as the Chinese are about done with being burned in its lending to the US Government with deflating dollars).
Read the referenced article carefully. We are at a crossroads that could go either way, but today that appears to be DOWN as far as the Precious Metal sector is concerned.
You shouldn’t rely on the advice of others, but if so, at least consider what appear to be valid arguments that match your own beliefs.
Can’t you just see the manipulators rubbing their hands together in glee?
Many of the long term PM charts, going back a decade, such as the HUI, GDM (Gold Miners Index), GDX (Market Vectors Gold Miners NYSE), XAU (Gold & Silver Index), Newmont Mining, among others, have come down to long term support.
See: “Gold & Silver Equities To Rise Like The Proverbial Phoenix” by Vronsky
Are the manipulators going to marshal their forces and violate this long term support? We will find out soon. If they succeed it will mean massive dumping of everything PM related. Depending on how you look at it, that could become the opportunity of a lifetime if the bottom is correctly guessed at, or a disaster for some that have bet the farm with their margin accounts on an upside reversal.
Given all the out of control spending a reversal would make sense. But who says anything makes sense in the way things are handled in a fiat counterfeit monetary system? It’s all about creating fake chart patterns at opportune times, and the Fed with its allies have the printing press to do so. Let John Paulson take the risk here, and if he is successful, follow him on up.
It seemed the following needed to be added to what was said previously, using Alan Greenspan as a template of possible things to come in the Yellen era.
Greenspan stated in an essay:
“An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense-perhaps more clearly and subtly than many consistent defenders of laissez-faire -- that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.
In order to understand the source of their antagonism, it is necessary first to understand the specific role of gold in a free society. Money is the common denominator of all economic transactions. It is that commodity which serves as a medium of exchange, is universally acceptable to all participants in an exchange economy as payment for their goods or services, and can, therefore, be used as a standard of market value and as a store of value, i.e., as a means of saving. …”
This was only the introduction. From the above quote you can find the rest. We know that once at the helm of the Fed Greenspan sold his sole to the Devil. Now we need to wonder if Yellen will do the same, leaving Jim Willie with “egg all over his face”.
The following topic occurred 6 months ago. Although it was remembered for the number of those having made accurate predictions, an attempt to bump it meant that it would not display because the latest post does not take precedence. Rather the original Topic does not fall within the 3 month timeframe. Typical lousy Yahoo programming.
This should be “white listed”. We’ll see.
Yes. This should have been on the Yamana message board. For those who are sticklers for accuracy, see the next Topic.
Certain people on this message board will become irritated because they think the following has nothing to do with Yamana. The suggestion here would be that they put all their savings in the bank, or just follow the crowd in what they hear on the Evening News about where to put their “money”. If you are unable to understand this you don’t have the understanding to preserve what you have, as you probably feel that “money” grows on trees.
See any of the following YouTube presentations after the following YouTube title for as many as you have time for:
"Pelosi: we have to pass the health care bill so that you can find out what is in it "
(The YouTube presentations can be found by using the supplied title. Unfortunately a more convenient link can’t be supplied due to Yahoo policies which would otherwise delete this message.)
Note that it was very difficult to find opposition YouTube presentations because Pelosi has flooded the Internet with her self-serving propaganda, as the fascist socialist that she is.
Of course the big problem is that there are enough people who support this corrupt politician (Pelosi, one of many), mostly out of their own ignorance which is magnified by what they hear over mass media sources.
Be careful of those who wish to badmouth this Topic as the self-serving individuals that they are. These are not views coming from those at this screen name, but from the cited YouTube accounts using the words of those involved.
The opinion of Yellen here has changed somewhat due to Jim Willie’s recent assessment.
See: “The Yellen Dilemma & Kowtow”, by Willie
Yellen has been left with the legacy of both Greenspan and Bernanke, both of whom she opposed in their policies. Basically she is the captain of a shipwreck, and maybe even the lifeboats are too leaky to be of much use.
That being said, perhaps she should redeem herself among the naysayers by suggesting that the “end the Fed crowd” has been correct and start a movement among the politicians to do so. The consequences of that would be quite interesting, to say the least. We would then see quite clearly who comes out of the woodwork as true members of the private banking cartel in opposition to such a movement.
See: “David Stockman on TARP, the Fed, Ron Paul and Reagan [FULL VERSION]”
This is a YouTube version of a couple years ago, but is just as relevant today.
Those who have an average level of comprehension on how markets work will receive a viewpoint that explains what unlimited bailouts and fiat money will ultimately mean to us all.
This is posted for the enlightenment of (or to expose) those WHO THINK POLITICS AND MARKETS ARE MUTUALLY EXCLUSIVE (or are in fact allied with the criminals in large corporations and the mega banking industry). It is quite obvious, from comments on this Topic, which camp respondents are allied to or where their sympathies lie. Stockman, from the viewpoint here, represents an intelligent view on free market economics, as opposed to some of the replies on this Topic, who obviously are at the other end of the spectrum.
Please note that personal attacks are not included here, which is the standard fare of those without intelligent arguments to share, but serve as cover for flawed conclusions.
Don’t hold your breath. Spire has had this in the news for some time, all be it on the back page. When the cops come and place Jon Corzine in handcuffs, take to task the rest of those responsible for the mortgage meltdown and unconstitutional SCOTUS decisions, you’ll know they mean business. Corzine, of course, is a Democrat operative and typical of bad actors in that party who get mass media support, no matter what they do. That can be extended right to the top, not only in government, but in large banks and corporations as well.
There is one other comment about those near the top of the current message board Topic list. We have some real creeps that either are playing Devil’s Advocate, or their statements need to be taken at face value. It’s better to choose the latter, just as it is to take seriously those who hint at engaging in gun violence. The thought always precedes the action. The country is well down the road to socialism, as it has been for over 100 years. It’s people like this who are supportive of the NDAA and the NSA. Their views are disliked internationally by most people that realize that geographical borders do not protect them from unwarranted privacy invasion, though many now feel afraid to voice their disagreement, or think it’s not worth their while to reply to a bunch of wind bags. While the latter is a reasonable conclusion, it will not be if such views gain too many adherents.
On the issue of possibly engaging in Devil’s advocacy, as far as the viewpoint from this end, that is never as effective as confronting issues head on. It does have a dampening effect on control freak tendencies that encourages real freedom, which is fertile ground for liberty for all concerned, even those of creepy beliefs who can be shut down with a generous dose of the truth.
Those in the financial industry have no shame.
1st they wanted $700 billion (TARP) from tax payer, lest Armageddon envelop the whole world. Nancy (the witch) Pelosi agreed, which only means that common folk will be paying the price through the invisible tax of inflation. Then Members of Congress asked for an accounting of how the Fed distributed the loot. Bernanke said: “It’s none of your business.”
Banksters are manipulating the major indices higher on low volume. In the impending crash all small investors that bought the lie will see investments lose a major percentage of value as the financial elite pawn their high priced shares to stuckholder minions.
What’s this mean for PMs? They’ll go down just like 2008, but the rebound will be enormous for the PM sector. At that point mass media will be broadcasting what a terrible investment all that’s associated with gold, (“barbaric” relics and by implication PM mining shares), is. Then they’ll step in with their PM suppression schemes to attempt to keep all that counterfeit funny fiat monopoly money alive to prevent hyperinflation. The $100 bill will be replaced with a new $500 denomination.
Thomas Jefferson was correct: “I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding (currently the name is “wagging the dog”), is but swindling futurity on a large scale.”
Middle East wars are another example to keep people preoccupied with “more important” issues. How Hamilton was able to convince Washington of his acumen as the country’s financier through the 1st bank of the United States and the US Mint is really puzzling.
We need leaders that apply the K.I.S.S. principle (Keep It Simple Stupid) as fraud suppression. Everybody should understand that printing money without backing (or digitizing it) is counterfeiting. Learning centers whose teachers/professors think otherwise need to go.
You will get more information from Morningstar that is free. The free information only provides quantitative groupings of major holders. You must pay a fee to have access to the details.
Yahoo does provide major holder information on some companies. They do not provide paid for detailed information on Yamana. Apparently they don’t wish to let it be known that they would charge for information on such things as “Major Holders” for some companies, so they choose not to provide it except where they make it available. You can, for example, get it free for Newmont Mining and some other PM miners at Yahoo.
Unfortunately Yahoo’s reports that have a fee attached don’t give any details as to what is in the reports, so they are obviously targeted to a select audience that already knows the contents.
It might be possible to get that information without a fee by doing an Internet search. If you find it please provide information on that website. Be careful to corroborate it through another website.
Some time back a news report stated that Soros Fund Management was a major holder, but that may no longer be true, if it ever was.
This sort of information needs to come from a reliable source.
One of the unrecognized issues when sorting out promising companies in the pharmaceutical business is that they are targets for short sellers.
See Deep Capture for an account of what happened to Dendreon with its promising development of Provenge. The companies stock was naked shorted to incur great losses to the stockholders. It seems that there was some collusion within the FDA assisting the scam by creating lies surrounding approval/disapproval of the drug.
See articles titled: “Yet another naked shorting disinformation campaign laid bare” or simply search Dendreon, which will show the impact naked shorting has on developments at this and other companies when this practice goes unpunished.
Deep Capture is one source that should be looked at first to see if there is mention of the stock of interest prior to investing.