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Old 05-15-2012, 07:28 PM   #1
Corryikilelet

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Default Crash Time
Hell is about to break loose.

Get ready to grab the metals when the bottom hits.
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Old 05-15-2012, 07:32 PM   #2
otheloComRole

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Details?
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Old 05-15-2012, 07:34 PM   #3
AndyScouchek

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?
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Old 05-15-2012, 07:41 PM   #4
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He met Celente one time, now he's a guru too.
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Old 05-15-2012, 07:56 PM   #5
Corryikilelet

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I am watching the moves in the banks. It is funny how JPM has not crashed, yet Citi has been taking a pummeling. Silver is heading toward my target of $26.... but I hope it could even drop to $23. Under $26 I will start scraping nickels together to by ounces.

There is an odd disjointedness in the market as if the PPT is not at the usual game. Things just feel ripe for a drop. Just a hunch.

Europe is cratering. Business out of Europe is non-existent in my little world. The Euro still falls without the ESF pumping it back up.... yet.

The earthquake and sunspot activity has been too quiet for too long. I am starting to get jumpy.
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Old 05-15-2012, 08:02 PM   #6
aquadayAquaks

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I am watching the moves in the banks. It is funny how JPM has not crashed, yet Citi has been taking a pummeling. Silver is heading toward my target of $26.... but I hope it could even drop to $23. Under $26 I will start scraping nickels together to by ounces.

There is an odd disjointedness in the market as if the PPT is not at the usual game. Things just feel ripe for a drop. Just a hunch.

Europe is cratering. Business out of Europe is non-existent in my little world. The Euro still falls without the ESF pumping it back up.... yet.

The earthquake and sunspot activity has been too quiet for too long. I am starting to get jumpy.
I've been watching the housing market (so cal) and they have been quietly raising prices about 10 percent, pretending the economy is good, all the while hiding shadow inventories and true sales figures. Pathetic.

But it made me think about how this is their game; pretend, make the sheeple believe, keep the dollar strong.

Pay no attention to the "oops" 7 billion california budget miscalculation... carry on
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Old 05-15-2012, 08:25 PM   #7
chootsonege

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Dooooooooooom?
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Old 05-15-2012, 08:36 PM   #8
VrQsgM7c

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Dooooooooooom?
Doom(ed).

http://www.youtube.com/watch?v=5U319VzSqEU



...
The small and mighty all the same
And life's a shallow, facile game
Every ego will be crushed
Every empire turned to dust!
The crack of doom is coming soon,
The crack of doom is coming soon!
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Old 05-15-2012, 08:37 PM   #9
Corryikilelet

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I don't know about doom, but the log-jam is piling up. I am seeing too many little indicators that are like pins sticking out of walls in a room full of balloons.

Prepare your mind. Be at peace. Think about ways to improve your position. Keep a positive attitude. The shakedown will be ugly. Do not worry. The bastards need a crisis to scare the sheep into their pen.
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Old 05-15-2012, 08:50 PM   #10
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I wish. I have been waiting for a crash for so long, it's all the boy who cried wolf to me at this point.
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Old 05-15-2012, 09:06 PM   #11
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fortunately this is the time of year when my front yard is full of wild beans.

that plus the cow i bought for $50 which is now a column of frozen meat in my freezer.

looks like there's a lot of wild beans, beef, and eggs (from my chickens) in my diet for the next few months.


the more money i save on food ... the more $ i have to load up at these prices. as long as it's healthy food - what the heck.

Jeez it seems like there's a lot of amazing deals all of a sudden.


when i cut up the meat, there's a lot of trimmed pieces. the chickens get that, pieces of skin & connective tissue with meat attached. raw. sort of like Steak Tartare. they love it.

while they're outside wolfing down raw meat i'm in here talking to you guys.

wierd
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Old 05-15-2012, 09:07 PM   #12
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My local shop is still selling generic silver for $29.73. $2 over spot for generic.....

Eagles are $31.73......
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Old 05-15-2012, 09:13 PM   #13
Corryikilelet

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I wish. I have been waiting for a crash for so long, it's all the boy who cried wolf to me at this point.
Yes- because the controllers have broken all rules to prop up the fake system. In a free market we would have corrected long ago.

But we are seeing the cracks in the façade. Behind it we can see outer space.... a vast vacuum.

Italian banks downgraded.... http://www.zerohedge.com/news/moodys...ks-full-report

This includes the drop in the EUR/USD. The crash in the EURO needs to happen. If the IMF and/or ESF start buying up Euros (again), we will see the dollar devalued quickly and prices spike up.

We are in a strange place where prices on nearly everything could drop due to lack of cash, but the money that is out there is being devalued. Not sure how that happens. It is like a roller coaster of panic- no cash ---> cash flood. If the fed/treasury responds to deflationary gravity reaching out of the black hole, we could see bags of dollars being given out to key people.

Collect useful assets and the ability to protect yourself & property.
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Old 05-15-2012, 09:37 PM   #14
neotheMit

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Is Opex this week for metals? Isn't May a delivery month for Au?
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Old 05-15-2012, 09:44 PM   #15
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Today was special - full-retard kind of special

Commodities slid on USD strength and liquidation pressures as we note Gold held in well (better than its peers) until the last hour or so (which has the smell of margin/collateral calls). Equities recoupled with Treasuries today after 3 days of exuberance (again).
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Old 05-15-2012, 10:08 PM   #16
Corryikilelet

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The dollar LOOKS strong in comparison to the Euro. All temporary front. This will make prices in many things drop in the near term. Depending on how they let Greece, Spain, Italy and others unravel, it may go on for a while yet. I have this ominous feeling that the closer we get to June, the more pressure is building. Here are some of the pressure points:

Debt
Derivatives
Political/ fascist grabs for control
International tensions with China
International tensions in ME
Precarious ecological disaster in Japan
Natural calamity- earthquake, solar, volcano
Race related incidents
Economic domestic disaster / unemployment and loss of manufacturing
Spiritual state- ignorance, evil embraced
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Old 05-15-2012, 10:10 PM   #17
Corryikilelet

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fortunately this is the time of year when my front yard is full of wild beans.

that plus the cow i bought for $50 which is now a column of frozen meat in my freezer.

looks like there's a lot of wild beans, beef, and eggs (from my chickens) in my diet for the next few months.


the more money i save on food ... the more $ i have to load up at these prices. as long as it's healthy food - what the heck.

Jeez it seems like there's a lot of amazing deals all of a sudden.


when i cut up the meat, there's a lot of trimmed pieces. the chickens get that, pieces of skin & connective tissue with meat attached. raw. sort of like Steak Tartare. they love it.

while they're outside wolfing down raw meat i'm in here talking to you guys.

wierd
What are "wild beans"? Left overs from previous crops?

You must be somewhere south. In CT the growing season is just starting. I have chickens but chicken feed is getting pretty damned expensive. I can't let the birds out: 1) they destroy my garden now; 2) hawks will get them.

Sounds like you got THE deal on the cow.
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Old 05-15-2012, 10:13 PM   #18
neotheMit

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The dollar LOOKS strong in comparison to the Euro. All temporary front. This will make prices in many things drop in the near term. Depending on how they let Greece, Spain, Italy and others unravel, it may go on for a while yet. I have this ominous feeling that the closer we get to June, the more pressure is building. Here are some of the pressure points:

Debt
Derivatives
Political/ fascist grabs for control
International tensions with China
International tensions in ME
Precarious ecological disaster in Japan
Natural calamity- earthquake, solar, volcano
Race related incidents
Economic domestic disaster / unemployment and loss of manufacturing
Spiritual state- ignorance, evil embraced
The same could have been said in '08, '09, '10, and '11.

I will rely on the standard mantra of "The market can stay irrational longer than I can stay solvent" until it no longer holds water.

You know GS and JPM are front running the entire USD/EUR forex trade. Hell they are probably pushing the spread with Bennie's little helpers' direction.

When it goes down, I don't think the internet will be running so we can post "It's Going Down!".
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Old 05-15-2012, 10:20 PM   #19
girlsround

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when it crashs you all here will be the first to know because you want be able to post no more plus you may have to go outside and grow something to eat
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Old 05-15-2012, 10:28 PM   #20
Corryikilelet

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The same could have been said in '08, '09, '10, and '11.

I will rely on the standard mantra of "The market can stay irrational longer than I can stay solvent" until it no longer holds water.
What will be the indicator that the time has been reached?




You know GS and JPM are front running the entire USD/EUR forex trade. Hell they are probably pushing the spread with Bennie's little helpers' direction.

When it goes down, I don't think the internet will be running so we can post "It's Going Down!". I see the rubber meeting the road at the point of riots overtaking government troops because the people have no food. When things shut down, it won't take more than 2 weeks for that to happen. It will start in the cities. Rural people can get by much longer than those in the city.

We need to know the signs of imminent disaster. There are usually some warnings. I am getting some bad vibes right now. They have me looking for indicators.
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