All times are U.S. Mountain Time
(Yesterday's Discussion.)
ge (02/19/05; 23:59:06MT - usagold.com msg#: 129474)
Sir Gandalf
Yes Sir, they say "do not look at the charts, we'll tell you the fundamentals".
Gandalf the White (02/19/05; 23:10:13MT - usagold.com msg#: 129473)
THANKS, Sir GE !
ge (02/19/05; 23:04:45MT - usagold.com msg#: 129472)
Fundamental Analysis: In --- Technical Analysis:Out
--
Smith Barney Lays Off Entire US Technical Analysis Team
====
ROFL -- Sir GE, --What does that TELL YOU ?
THE Charts and THE SPIN were DIFFERENT ?
<;-)
ge (02/19/05; 23:04:45MT - usagold.com msg#: 129472)
Fundamental Analysis: In --- Technical Analysis:Out
http://money.cnn.com/services/tickerheadlines/for5/200502171315DOWJONESDJONLINE001030_FORTUNE5.htm
Smith Barney Lays Off Entire US Technical Analysis Team
heavy mettle (02/19/05; 18:43:44MT - usagold.com msg#: 129471)
Serfs Up Dude
The only discouraging thing now is the danger the living dead offer in protection against tyranny as there is safety in numbers. What's not to be concerned about when the solution is for these simple folks to wake up and be heard before some sort of collapse of governmental, economic or social structures transpires let along after the fact. A sprinkle of civil disobedience would go a long way but that takes courage from a spingboard of moral and debt free living. If this fire is set and these people do finally wake up, it's not going to be pretty but may be the only answer.
Me thinks however the PTB know all too well past shortcomings of this sort of operation and have planned accordingly; generations like. If anything, this cycle will last a very long time unless something drastic happens soon in the minds of men and women.
@ Goldilox - I'm glad you found something or worth in a somewhat over the top harangue. This situation needs to be addressed before the micro chip is served up as the answer to identity theft with ID and credit cards. Ever wonder why body piercing and tatoos are so popular amoung the young. ;-\
Goldilox (02/19/05; 17:43:49MT - usagold.com msg#: 129470)
SSI
@2023
Spoken like a true "participant" at teh bottom of the Ponzi scheme.
For a more comprehensive look at the depth of the corruption, check out the Nomi Prins interview on today's FSN, or research the history of Catherine Austin Fitts of Solari Network.
http://www.netcastdaily.com
http://www.solari.com/about/index.htm
Fitts has suggested that HUD has been bilked of over a TRILLION dollars, a claim that cost her job in government auditing and a number of years in civil court clearing her name from slurs against her whistleblowing.
Prins discusses the situation in banking and corporate finance and how it has barely changed from the pre-1929 debacles.
2023 (02/19/05; 17:03:17MT - usagold.com msg#: 129469)
Social Security
Social "security" in the USA is nothing but a Ponzi scheme. Since the politcal stooges are starting to talk about it publically again, it must be starting to become known for the disaster that it is. Sir Greenspin, how about letting us keep our money and save it for retirement as we see fit!
Have a great weekend all.
Goldilox (02/19/05; 16:34:05MT - usagold.com msg#: 129468)
FSN Saturday
http://www.netcastdaily.com/fsnewshour.htm
From the gold roundtable to the discussion of Sir GS' Senate testimony, today's FSN broadcast is one of the best in a while.
The final explanation of the SSI "reform" reminds one that the SSI "trust fund" is akin to calling a bad personal loan part of your "savings".
Tim Wood is still in the "bear bunker", as he wonders why a "strong economy" has produced essentially zero SM increase throughout 2004 to the present.
Pop some corn and brew a pot of Joe, as Puplava has posted 4 hours of solid discussion for your waiting ears . . .
Great Albino Bat (02/19/05; 12:25:22MT - usagold.com msg#: 129467)
Let's not get too depressed!
Great Dr. Samuel Johnson back in the 18th Century had some opinions for the firebrand revolutionaries of his day, who were hot on the path which led the French into their bloody Revolution, 1789.
I'll just express his thought as best I can, in my own words: Don't worry too much about tyrants and tyranny! When the people are really fed up, they will overthrow any scoundrel king or government. This has always happened eventually, throughout history. Let us not complain too much; when things really begin to hurt, the people will not stand for it and there will be a change.
So much for Dr. Johnson. Let us remember that when all-powerful government takes over, the collapse of the economy is not far behind, and that means, that the all-powerful government will not have the economic means with which to maintain its army, its informers, and its technological surveillance aparatus. Things will fall apart of themselves.
What is our job No. 1? Accumulate gold and silver, and don't go with the flow. And be aware of what is going on.
The GAB. Pleasant weekend, all!
Goldilox (02/19/05; 12:05:32MT - usagold.com msg#: 129466)
Serf's up, Dude
@ Heavy Mettle,
Bravo. Especially the part about why banks can cooperate over borders when governments can't - even quicker when it includes "seizing assets".
I've always felt predatory lending was akin to drug dealing. Keep them indebted and they always come back, especially if now and then, just to appear compassionate, you forgive some debt or "extra charges" when their butt is falling off!
Ever notice that banks will forgive credit card late charges about once every six months, as long as you keep using the card!
My bank charges small businesses for teller cheques (like when I want to buy the shiney), but if I go to the branch manager he will always waive it as a "personal" favor.
Caradoc (02/19/05; 09:50:05MT - usagold.com msg#: 129465)
China targets Caribbean trade
http://edition.cnn.com/2005/WORLD/europe/02/19/russia.militants.ap/index.html
Snip:
SAN JUAN, Puerto Rico (AP) -- China is waging an aggressive campaign of seduction in the Caribbean, wooing countries away from relationships with rival Taiwan, opening markets for its expanding economy, promising to send tourists, and shipping police to Haiti in the first communist deployment in the Western Hemisphere.
Saturday, February 19, 2005 Posted: 0805 GMT (1605 HKT)
******************
Another "interesting" development as China pursues raw material, ownership of natural resources that produce raw material, and markets for its finished products.
Caradoc
Cavan Man (02/19/05; 09:37:36MT - usagold.com msg#: 129464)
An excellent primer on the separate.....
http://www.321gold.com/editorials/mauldin/mauldin021905.html
....paths Europe and Asia have taken regarding USD hegemony. Either way, GOLD gets you to the other side.
heavy mettle (02/19/05; 09:21:54MT - usagold.com msg#: 129463)
Serfs Up Dude
Ever wonder why the banks lend out so much money to borrowers at such low interest rates worldwide for so long while at the same time knowing they will never get the principal back even if interest rates rise. Ever wonder why world and central banking cooperate across boarders but governments seemingly don't. Again if you don't see the trees for the woods, all the world's a stage. Believe it!
In this brave new world coming very soon, the super capitalist/communist/fascist state will be a place whereby your salary and yearly income will never be able to pay off the car much less a house. After this readjusting globalisation period, Americans, firstly, will be saddled with a disproportionate amount of the world debt. Others will fold later.
The proletariat will be bailed out but at a high cost to the debtor. Faustian nightmare. If you are deep in debt you will be owned by the corporate state for life. They will allow you to live in your home and drive your car to work but at a license fee enabling you to never get your head above water. Think indebted third world countries but at the micro/local level. The grandkids will never know the difference because this will be how it has always been. It is what is now being bandied about in the best tradition of Orwell as the ‘Ownership Society’. The question is who will own who.
Far fetched? The Sun is setting and They play for keeps, so be sure to get your new mandatory Federal ID cards. That's if you want to travel, transact, exchange your gold, eat, etc. America is being secured first, for your safety mind you.
Follow the money. The only solution is to buy physical gold and take your sovereignty back. Paper derivatives of any kind are your shackles. Pray that the others start to wake up to this state of affairs and show all how $%#@ the system really is by buying gold and demanding accountability.
And by all means, don't be afraid to speak up.
USAGOLD / Centennial Precious Metals, Inc. (02/19/05; 09:15:56MT - usagold.com msg#: 129462)
With our convenient online coin shop you can submit your order at any time of day or week.
http://www.usagold.com/buy-gold-coins.html
Goldilox (2/19/05; 00:36:21MT - usagold.com msg#: 129461)
San Diego's Rating Is Cut on $2.7 Billion of Bonds
snip:
From Bloomberg News
San Diego had its credit rating on $2.71 billion of bonds cut by Fitch Ratings on Wednesday over delays in the filing of its fiscal 2003 financial statement and political struggles over closing a $1.2-billion pension fund shortfall.
Fitch cut the rating on the seventh-largest U.S. city's $46-million general obligation bond rating three levels to A, the sixth-highest of its 10 investment-grade credit ratings, while cutting $1.1 billion of sewer revenue bonds two levels to A from AA-minus. The rating company also lowered $1.6 billion of bonds by two to three levels.
San Diego's pension fund has $1.2 billion less than needed to pay all the obligations it will face to retiring city workers over the next several years.
-Goldilox
Pension shortfalls are not just limited to corporate finances, as municipalities are finding their coffers a bit light, as well. If gubmint pension plans start falling like so many domino's, they might have to look at SSI "reform" from a little different perspective.
Watching a civic discussion goup on the local PBS outlet, I heard concerns about SD declaring default or bankruptcy, jobs growth focusing in the tourism market instead of the previously strong medical and technology fields, housing growth not focusing on the areas needed (more lower cost units to match the jobs growth figures), and subpoenas to fiscal authorities over the bond debt miscalculation related to the new ballpark construction.
Flashlights are beginning to blip on mounting fiscal issues.
ViewYesterday's Discussion.
