Oldtent Archives 2010

http://finance.yahoo.com/insurance/article/108931/rising-threat-of-infections-unfazed-by-antibiotics?mod=insurance-health

but then, we’ve been saying that for years on end.

The time to win with SLW was back 16 months ago when you could have scooped it up for $5. Now it has little leverage left - silver will have to shoot past $25 to get much play in SLW. Ditto many of the golds. It’s just the way it is. Goldbugs were meant to suffer, and for a long, long time. Coulda made a whole lot more investing in my fav company, Apple. And they actually make something they believe in and you can use every day.

And if you did find out, would you tell anyone?  Or start selling the other sus ones in your vault?  However, we now know that W bars do exist in small denominations.  I think that’s good enough to confirm that forgeries are occurring, and that the probability of 400oz fakes is high.

Even one fake 10oz is good for the POG.  10oz less than the market thought there was.

“……..one must include considerations of Elliott Wave Degree”

C wave down of Big 2 or Big 4 next big move, imo. Catch up at end of week.

Hi, how are you?     We know, from the Chinese tungsten-gold fabricator that you and I can order certain fauz gold products and dupe people. They openly advertise it. So far, I haven’t been able to find any 1 oz gold -tungsten products…though 10 oz bars are fair game. But, none of this has to do with Kirby’s bombshell of massive fraud with certified 400 oz bars. Hope that helps.

Posted: Mar 01 2010     By: Dan Norcini     

Dear Friends,

There are two things of significance that need to be noted in today’s trading session.

The first is that the European currencies were again under attack with the Euro, the Swiss Franc and the British Pound all getting hit hard. The Pound in particular is getting obliterated. It is evident that the sharks are now in a feeding frenzy when it comes to Europe. If I lived in England, I would be looking to protect my life’s earnings as rapidly as possible. The Pound looks like it is on its way to 1.43 or lower before any chart support is likely to appear.

The result – European based gold prices shot higher at the PM fix today scoring brand new all time highs in terms of both the Euro and the British Pound. Euro priced gold scored a Fix at €824.269 while Sterling Gold came in at a mind-numbing £746.149. Can anyone say that European investors are not becoming increasingly fearful of the health of their currencies? Wait until the same fear finds its way over here and wraps itself around the minds and hearts of the average US investor.

The second occurrence of today is that US Dollar priced gold managed to claw its way higher even with the Dollar pushing above the 81 level on the USDX. It bounced off the confluence of the 40 day and 50 day moving averages and shot up through the rising 10 day moving average before it ran into the selling resistance at the top of the recent trading range.

Gold is acting like it is in some sort of pressure cooker. It keeps building up pressure but cannot blow the lid off of the pot. Something makes me feel that when this market does break through the bullion bank selling at the top of this range, it is going to accelerate quite swiftly. The selling appears “unnatural” based on the recent behavior of the metal. I know that is totally subjective but that is how this thing feels. When you see gold shooting into all time highs in assorted currency terms and selling appearing at an easily pinpointed level on a price chart, you can tell that the selling is contrived and is being designed around technical objectives. From a fundamental perspective, no normal seller attempts to “fight” a market that so obviously wants to go higher.

Technically, if gold cannot plow through the bullion bank capping effort at today’s highs, the tendency will be for the metal to drop back down into the defined trading range and then see if the support moves higher to meet it.

Copper shot up sharply higher mainly in part to fears of supply disruptions associated with the terrible earthquake that hit Chile this past weekend. Funds did some selling up close to 3.50 when news filtered out that the mines would not be affected as much as some initially feared but the situation there is quite fluid and one cannot rule out further upside in copper.

Weakness in crude oil and in natural gas as well as the grains were a weight on the various commodity indices which is where some of the selling in gold was tied to due to algorithm-based orders.

The HUI managed to bump up within a couple of points of last week’s high before it ran into further selling. We still need to see this index climb above 420 to start an upside trending move.

While the Dollar was strongly higher at one point in the session, it did back down from above the 81 level again. Bearish divergence continues to display itself but because of the attacks being made on Europe’s currencies, the Dollar bears cannot break down the technical support levels on the charts. Last Friday’s Commitment of Traders data shows that massive speculative net Long position still at very lofty levels. Dollar bulls will need to close it above the 81.50 level or some of these shorter term oriented longs are going to bail out.

Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini

A German melter showing a ten ouncer they’ve discovered …

What more vindication do you want?

There is an outfit in China that openly advertises it’s ability to produce tungsten filled gold products. Lets call it China Tungsten though it probably has a proper name. So, one could order, say 10 oz tunsten filled bars and sell them on E-Bay. I haven’t found anything on 1 oz coins or bars that are gold content suspect or for that matter not even a single example of a 400 oz Gold bar….though, there are supposed to be 5700 of the large 400 oz gold bars that are tungsten infected. Not to mentioned all of the gold supposedly in Fort Knoz.

Rob Kirby exploded the equivelent of a gold nuclear bomb with his tungsten - gold story ….and has yet to back it up with any proof whatsever. That despite so many months having passed since his scoop.

I call that irresponsible journalism. Kirby should either put up or shut up,imho. 

Speaking of comebacks!

Neo

my PF went green!!! I’m taking a screen shot of my computer to memorialize the day….framing it and hanging it in my home office to remind me what it looks like. After 30 days or so of red it is easy to forget what green looks like.

That would be dukw. 

Education they just noticed that? Mean while what jobs will they go to? Yeah that willsolve the problem while they continue to out source. I wounder why those other so called booming countrys dont out source here? Oh I know! Can get past minimmm wage laws, but Im sure their working on it. After all its the multinationals that rule the gov isnt it. lol You know in some countrys like the Phillipines part of their so called four yr degree is two yrs accredited from hhgh school so equal to us thats really two yr. Hum inorder to compete manybe we should do the same. yikes

tinyurl.com/ygz84uw

We must continue to go through the motions and do the right thing for as long a we can but yes be prepared as best we can even if mentally. Like a fire know your excape route “if you have one” lol or a nice camping spot. Even the wealthy areas a struggling or honest money anyways because not only their resources depleted but the re helping others.

On the way home asked a guy selling a neighbors house if it was foreclosed he said he bought it from the banks and is selliig it. He said the banks are buying up alot quote ALOT of houses and he didnt understand why theyre  buying so much homes. I told him what claptona told us and his eyes went into the kill mode. He said and what are we going  to do about it.

Hazmat situation at IRS building in Ogden Utah.

“Ten grandparents, supported by four grandchildren”, lovely way of putting it into perspective.

The sooner you (I mean Tenters, not the general peasantry who are incapable of comprehending such heresy) accept that there will be no govt pension for ever and “protect yourself, because no one else will” the better.  Accept that you will always have to work in some limited capacity until you become totally disabled, and hope your children will be old enough to be semi-retired and can look after you when you reach that state.  In the meantime be really nice to them, whilst teaching them core values (honour your father and your mother, so that your days on this Earth may be long (enough to look after them in their senility).  Encourage them into practical jobs.  Lawyers, accountants, administrators - all they will do is pay taxes to support the govt.  Mechanics, electricians, plumbers, farmers - work for barter, can’t be outsourced to anywhere.

Learn an alternative to so-called conventional medicine.  The latter won’t be available.  Actually, most people will live longer if they just do nothing, rather than what they do at the moment.

German tv report showing production of gold bars, at the end the production manager mentions fakes and shows a tungsten filled bar found by a worker who didn`t like it and so they cut it and voila.. (bought from a bank). So they are real!

www.youtube.com/watch?v=ZKczs-7BFRI

I am not rich enough for bars =)

The dollar devaluation event, whether coordinated with the devaluation of other currencies or not, will mark the end of any bear market rallies in stocks, will end the US treasury bond rallies which have been spurred by the Fed’s near zero interest rate policy as risk elevates and interest rates rise, and will begin the final descent into financial hell for the derivative markets as well.  As the credit default swaps and interest rate swaps that comprise the Quadrillion Dollar Derivative Death Star go out of kilter as interest rates explode, the QDDDS will implode and go supernova and banks will start dropping like flies around the world as virtually all real estate markets crash and burn, with the result that gold and silver will be unleashed and allowed to run up to their true values as investors flee stocks and bonds in search of the only real money the world has ever known - gold and silver.  Gold and silver producer shares will also rise in meteoric fashion after the initial onslaught is over as they separate from all the other bloodied shares and prepare for launch.  The producer shares are where the spectacular, legendary gains will be made just as occurred during the 1975-1980 rally.  Any and all commodities will rocket to new levels as everyone tries to unload paper trash for real assets.

You, the US and European public, must run the prices of gold, silver and other commodities up now to take cheap pricing away from the various Illuminist factions around the world who will be dumping all their dollar-denominated paper assets through the dozens of existing dark pools of liquidity behind your backs and outside the purview of market regulators who are as useless as tits on a bull in any case because they were established to cover up and whitewash felonious market manipulations, not to protect the investing public.  This will also put pressure on nations like China and Russia who know they must add thousands of tons of gold bullion to their coffers or face total financial annihilation and social upheaval.  You, the serfs, must rise up and beat the Illuminati to the punch now, knowing that they will be dumping all their dollar-denominated assets between now and the time for the big takedown, which will most likely happen in late 2010 or early 2011.  Dark pools Project Turquoise and Baikal were established at breakneck speed to open up the escape hatch for the European Illuminists to dump their euro-denominated assets outside the view of regulators and the investing public, so they would not be outdone by their US counterparts who already had dozens of dark pools to choose from for the unregulated, secret dumping of US dollar-denominated assets.  Neither the euro or the dollar are going to fare very well when the dollar devaluation unleashes the financial forces that will ultimately pulverize both developed and undeveloped nations with almost equal enthusiasm.  The winners will be those who get gold, silver, oil and other commodities on the cheap before their prices explode.

international forecaster

It’s unfortunate that evil, violent people do exist in the world, but that’s the way it is.  For the most part we don’t encounter these people but in the event that we do it’s better to be ready.

“We’re doomed”

I don’t know if that’s absolutely true… but it ain’t looking too good.

Cheers

………..when Casey said, “The American Education System is a toilet that need to be flushed.”  I certainly agree 1,000%.

 http://www.washingtontimes.com/news/2010/mar/01/obama-vows-improve-school-dropout-rate/

………to what I have been talking about.  In order to go further, one must include considerations of Elliott Wave Degree; as well as differences in market psychology in terms of the different routes of currency inflation.  I don’t have time to go into it all, now.

It is hard for some to understand what violence is when you spent  he most part of you life being a compassionate nurse and seeing the other end of it “violence”. Its hard to do a 360 leass you have some training. Some people would die rather than resort to violence. But then thatshat they make nurses for, to receive the other end. So just think of it this way shes one of the family you may need to protect. A person inexperienced with guns  r not willing to use it will do no good better off getting out of danger. In extreme stress situations a persons trigger finger can  ock on the trigger and not release it for instance without training. On the other hand Byrr you dont want to be caught with a knife brandishiig criminal comming at you, either do I  or a guy who thinks you husband looks good in that tux. Just kiddingground Byrr. But soe of these people do not respond tt gentle people, reasoning, their purpose is to victimize you. My daughter said the person who attacked her calling her a white girl and chasing he was as big as her brother and scary, her brothers six foot five. Her self defence was able to keep him at bay long enough for help to come at which time he ran. Better them run than you I think. You know when they took the Jews away they were peaceful too. I too dont believe in violence but  dont want it to be a reason to be a easy target either by those who do.Of course they dont want violence when they take all away from you like the days when they dragged tte bankers out in the streets. If people or all people refused to fight back “the equalizers” things would be even worse. If everyone believed in peace the world would be better off I agree but they dont annmany have been victimized jailed or taken advantage of again only equalizers can kee them in check people who would other wise deasl with things on a more civil manner if they could.You have ennugh to do being a nurse and thats more than enough. Would be nice if we could retire in peace, were doomed.

i can see this one coming. the mexican feds with kids and grandkids are gonna confiscate the diapers and baby food and give you back “used” ones!!!

rno

I’m not sure that you read what Silver Rider was saying?

If you think that there is a possibility of increased violence in the USA on account of economic factors in the years ahead then you are foolish not to have a gun or several in your house.  If you never have to fire in anger… that is the best outcome.  Firearms are an insurance policy just like your fire insurance.

So what is your answer. When you have a government that is so corrupted at every level and controlled by those intent upon your destruction, what do you do? Do you lie down and die? Do you flee? Do just think positive thoughts? Do you just put everything on ignore and go on?

Here is what I am doing. I am casting my care upon HIM. I am asking HIM for wisdom, peace and joy. I am also preparing to defend my family if it is necessary.