Goldbugs"There is only a relatively small group of investors who very seriously believe that there is a high level of risk that the (financial) system could break down. You only need a relatively small group to believe this to move the price of gold." In other words, the metal's price behavior reflects the trivial obsessions of a discredited fraction of investment opinion. -Alan Greenspan
In the UK……….Locked up for EIGHT hours for telling Nelson Mandela joke
A SHOP boss was arrested and quizzed by police for eight hours for cracking Nelson Mandela jokes on the internet.
but but but did she make the sock puppets packin 6 shooters? wj
I met a elderly lady in the late 80s who made dolls out of socks and made them quite striking with faux or beading jewelry sewn on them for earrings ect and dresses that were sometimes elaborate. They were more for adults buying them due to soon to be forgotton trade. She wanted to teach me how to make them got the idea but just too busy then. Who knew someday sock dolls would be in the no fly list lol
i think a blur er i mean a blue ribbon commission is really needed…a complete and total investigation letting no stone be unturned and using the finest of investigatory assests and lab work like they did for jfk and 9/11. a thorough job thru out so to speak. a comprehensive report so that frequent flyers may heretofore feel safe flying the ‘frendly’ skys from 6 shooter armed sock puppets. oh what a relief it is.
Hard to believe anything they tell us. There had been nothing but a attack on the private sector since 911 and even before see by the outsourcing. Only ones their making rich is banks with little to no help for businesses ie GM or high taxing hitting small businesses and wall street corruption. Banks, wall street and power is the only thing they are worried about else why is there QE to infinity that isnt going to provate sector and Obama care which will only hurt private sector and do nothing to help people anyways as its totally unaffordable. Wish people would wake up smell the Bs.
I think the Feds are going to have to initiate a Sock Puppet investigatory committee!
you just never know what an armed sock monkey would do loose on an aircraft and armed with a 6 shooter to boot! lord i’m really gratefull that the tsa was on guard and at thier posts instead of stealing valuables from luggage when this sock monkey tried to slip thru the line. sure makes me worried to fly commercially anymore. we gata do something about them damn armed sock monkeys we do! we as a nation are soooooooo
and made flying the ‘friendly’ skys so much better for the sheep. how magnanomus of the tsa! that blatent sock monkey was packing right out in public with open carry too. geeze what ordacity that sock monkey has…who does he think he is carrying in the open like that…at least he coulda hid it in his luggage….like inside of a tic tac box or something….imagine the ladys embarrisment at the behavior of her sock monkey….gads there outta be a law i say!!!!!
a law against tsa idiots and perverts. 2014 is my line in the sand….if we don’t have a major turn about in the elections i’m joining the above ground underground for sure. viva the revolution! wj
Household net worth hits record high in third quarter
WASHINGTON (Reuters) – U.S. household net worth hit a record high in the third quarter as home prices marched higher and the value of stocks and mutual funds surged, boosting the economic outlook.
The Federal Reserve said on Monday net worth increased $1.9 trillion to $77.3 trillion in the third quarter, the highest level since records started in 1945.
I think that’s a reasonable precaution. Those sock monkeys are dangerous!
“Land of the Brave”
I could be a farmer. I could be somebody! I could be a contenda!
My favorite line out of that movie: (On the Waterfront) A trainer asks the fighter Marlon Brando before the fight: “Do you wanna cup?” Marlon: “No I’ll just drink outa da bottle.”
TSA Seizes Sock Monkey’s Toy Gun
your just jealous that you did not think of it !
That’s rather a dark Christmas Carol!
thank you for poem, you´r a friend of mine.
it is only sign one
of bad tidings to come
to many more
muni debtors galore!
Around the globe
there’s barely hope,
to survive the debt
without government theft;
bail out for the banks
bail in for the ranks!
So a hefty ninety-nine
percent is in decline,
while only one percent
holds every Dollar and Cent,
in our decrepit
Seems the West
is not up for the test
to either survive
to take back the lead.
As debt money is credit
and credit is debit,
it’s just fiat currency that
can offer this dictat(e)
of (il)legal tender, substituting
paper for Gold as the real thing!
A gang of Farmville fans in Romania who conned their way to more than £400,000 in subsidies for fake farms is suing the government after payments were stopped.
Inspired by the online game, the eight men claimed to have 1,860 cows and received about £100 per animal over three years.
The group say they weren’t told the farms had to be real when they applied and are taking their case to court.
Farmville has also caused financial problems for other gamers as one obsessed 12-year-old boy spent £900 playing the popular Facebook game.
Over the last year Farmville has dipped in popularity but still remains one of the top ten games played on Facebook, behind Candy Crush.
“We must not let our rulers load us with perpetual debt.” –Thomas Jefferson
a fine tridition of the anc under mandella….or was that his wife’s legacy? i understand she was found guilty of henious crimes pertaining to necklacing in thier ‘court’ but allowed to go home to contemplate her gifts to humanity! yeah half mast bs half assed more like it. wj
there has been no learned answer to that simple question so far….and when purchased with dollars where and who do the dollars go to? not answered so far too! its a head scratcher it seems but i can buy a big screened tv for bitcoin yes? but but but how does the seller pay his rent in dollars without a conversion clearing house. therein lies ‘the bitcoin mystery!’ coming to your nearest bookstores soon.
One thing I do know about them. They believe in God, for Satan by definition is the fallen angel who tried to rebel against God, and got his butt kicked.
HFT Algos Force Institutional Investors Off-Exchange
Tyler Durden’s pictureSubmitted by Tyler Durden on 12/09/2013 09:40 -0500
Having discussed market microstructure and the parasitic impacts of high-frequency-trading for the last 5 years, it comes as no surprise that the block-trade-sniffing algos have had very significant impacts on the way institutional investors trade now. As WSJ reports, in fact the big boys are conducting more “upstairs trades,” in which deals are executed among big institutions, bypassing the broader market, because the proliferation of algorithmic trading and other structural issues, including the fragmentation of the market, are hurting their ability to get the best prices and execute large trades quickly. While the concerns aren’t all new, big investors say the cat-and-mouse games are growing more elaborate – and counterproductive – by the day.
Some of the world’s biggest investors are changing the way they trade in U.S. markets in response to what they say are rising risks for institutions of their size.
The strategies include conducting more “upstairs trades,” in which deals are executed among big institutions, bypassing the broader market, as well as other sophisticated order-routing techniques designed to avoid pitfalls that have become increasingly apparent to investment managers.
Investors say such measures are increasingly necessary because the proliferation of algorithmic trading and other structural issues, including the fragmentation of the market, are hurting their ability to get the best prices and execute large trades quickly.
A trade has the possibility of wending its way through 13 exchanges and more than 40 “dark pools,” off-exchange trading venues that don’t publicly display stock trades. A trade could also be executed inside a large broker-dealer that matches buyers and sellers from its own holdings.
The intricacy of the equity markets creates unnecessary steps for large investors and distracts portfolio managers from increasing returns, said Mr. Brooks of T. Rowe Price.
“It’s like trying to fill up your gas tank, but you have to go to 15 gas stations,” Mr. Brooks said. “By the time you get to the 15th one, they’ve increased the price because they’ve heard you were coming. Wouldn’t someone rather go to two or three stations and fill up the tank in blocks?”
Still believe HFT provides liquidity and makes the market ‘more’ efficient?
I don’t know exactly what the Satanists do believe in. I’m not sure they are against the 10 commandments although that’s possible. I don’t think they are like “pro evil” “pro evil deeds” or at least don’t purport to be. I just don’t know much about them, maybe someone can tell us more.
I’m sure you’re right about Deadeye. He’s probably preparing to give Warren Buffet a run for his money.