The Geronomo Mission...More Bin Laden Idiocy and American Whiners

Now it seems, the government loves "code" names. It names missions and operations. The mission to find and execute Bin Laden was called "Geronimo." Geronimo, the Indian Chief, was a great leader and fighter.

That the mission was named "Geronimo" has apparently pissed off the Indian community or so this article claims. http://news.yahoo.com/s/ap/us_bin_laden_geronimo

When exactly did our country become a nations of victims? Are we so thin skinned that every time someone uses some "word" we disagree with that we lay awake at night- angry, victimized, hateful?

If you are one of these "sensitive" people....I wish you well. You may spend your lifetime whining and trying to control what other people think and say. You can get angry and correct people. Tell everyone that offends you with some profanity or politically incorrect speech how to talk and behave. 

I am sick and tired of extending a sympathetic ear to these self anointed "victims." Really. There are plenty of reasons to hate the government. This is a big deal?? You gotta be kidding me...

Bin Laden Unarmed and Executed?

No kidding. Just like 2974 people on 09/11/2001.

Can you imagine the circus if OBL had been taken alive? 

I am sure that Allah is now rewarding Osama for being a murdering sociopath. I am glad that we could arrange the meeting.

The Government Lying To Us? No Way!

Now it's time for all of the fucking White House spin.

Every man, woman, and child in the free world with half a brain...knows that we found Bin Laden and assassinated him. There was never going to be a "trial." That simple. All of this bullshit about the circumstances surrounding his death is just bullshit. Just like that buried at sea bullshit. Probably put his body in a wood chipper.

For added amusement. http://www.zerohedge.com/article/white-house-changes-story-how-bin-laden-was-taken-down?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Hold the Line Silverbugs! *Updated

Silver has taken a carnival ride over the weekend. At it's worst point, it was down nearly 15% at 43.00 bucks.

I am not too worried about it. Fundamentally, nothing in the economic world has changed. The exchange raised margin requirements twice last week- forcing paper silver players to prove they have the cash to take delivery and that has shaken out some longs. That and we were due for a correction. I am glad people have taken some profits here.

Do you know what a high, tight flag is?

It is a rare chart phenomenon that I used to look for when trying to screen equities I would invest in- years ago. A high tight flag on a chart, with significant volume, indicated a stock that was about to take off. This pattern was nearly foolproof. In fact, I sometimes traded on a vertical run up and flag pattern alone. The high tight flag usually occurred in conjunction with specific (good) news. It was almost always a winning move. Usually.






I saw that pattern develop in silver over the past few weeks. It was interesting to note and I am somewhat reluctant to apply equity charting to PM charting. Particularly in the short term. However, I am still very confident. Very bullish. I will buy physical on weakness- sorry I missed the sub 45 sale over the weekend.

* Update, 330 PM MST. A 10% trashing in paper silver. Glad I'm in physical....

The CME hiked margin for the third time in three days and is doing anything it can on behalf of the criminal bankers that have shorted silver. If they are going to do that shit to the long traders then we should have position limits for the short side. Fucking crooks. More here. http://www.zerohedge.com/article/and-scene-cme-hikes-silver-margin-third-time-7-days-raises-initial-maintenance-margins-12

Bin Laden Buried At Sea??...Why That Actually Makes Sense To Me

The government. Like Richard Nixon, they never let me down.

With missing documents, like birth certificates and college transcripts, a FED Chairman telling bold lies like "we won't monetize the debt" and all of the other bullshit that government spews- you'd think that the government would take any opportunity that came their way to repair damaged credibility.

Nope. We killed Bin Laden and in less than 24 hours, we jettisoned his body into the sea.
http://www.guardian.co.uk/world/2011/may/02/bin-laden-body-buried-sea

Unbelievable. Let's take the actual proof that we killed the world's greatest BOOGIE MAN and destroy it immediately. That was my first reaction and then...I thought...hmmm....

Here's why the government might actually be telling the truth about disposing of Bin Laden's body so quickly.  Bin Laden will be seen as a hero and martyr by the Al Qaeda faithful. Destroying and jettisoning his body at sea makes a lot of sense. There will be no eternal flames, no graves to visit, no shrine or memorial for the Bin Laden faithful to visit and pray over.

Bin Laden has been erased. In as much as that is possible.

Can we be sure that Bin Laden was jettisoned into the sea? No. But that just happens to be one government lie that I might be able to live with.

Strictly Fantasy

I get these "how to fix Congress" emails quite frequently because people know I agree with the position. The problem is- is that compromised legislators don't want want to fix these problems. They like the system just the way it is.

They don't give a fuck about what you want.

Do you know why the tax code is such an abomination? Because it benefits the wealthy and elite. Congressmen. They want it that way. They aren't going to change it. Do you know why we can't get campaign reform...limiting the size of contributions or the contributors? Because Congress wants it just the way it is.  This is no longer a government by the people or for the people. Get that idea out of your head.

I am going to go ahead and copy this email and post it. Of course it makes sense and I agree. But I'm not in charge. And the people that are in charge- will just give you the bird. That's why I consider emails like this- strictly fantasy.

Congressional Reform Act of  2011

1.  Term  Limits.
      12 years only, one of the possible options  below:
      A. Two Six-year Senate terms
      B. Six Two-year House terms
      C. One Six-year Senate term and three Two-Year House  terms

2.   No Tenure / No  Pension.
      A Congressman collects a salary while in office and receives no pay when
      they are out of  office.

3.   Congress (past, present & future) participates in Social  Security. All  funds in the Congressional retirement fund move to the Social Security system immediately.  All  future funds flow into the Social Security system and Congress participates with the rest of the American people.

4. Congress can purchase their own retirement plan, just as all Americans do.

5. Congress will no longer vote themselves pay raises.  Congressional pay will rise by the lower of CPI or 3%.

6. Congress loses their current health care system and participates in the same health care system as the rest of the American  people.

7. Congress must equally abide by all laws they impose on the American people.

8. All contracts with past and present Congressmen are void effective 1/1/2012.
   The  American people did not make this contract with Congressmen.
Congressmen made all these contracts for themselves.   Serving in Congress is
an honor, not a career.

The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and go back to work.

If each person contacts a minimum of twenty people then it will only take three days for most people (in the U.S.) to receive the message.  Maybe it is time we take back our country.

What the End Game Will Look Like

I have had a very difficult time convincing my friends and family what the future in the United States is going to look like from an economic standpoint. The people in my life- those with a little wealth or money (currency) are about to get hurt badly. The people who convert worthless currency to silver and gold are going to see the other side and avoid this pain. In fact, they or their children may actually prosper. This outcome, the end game, is unavoidable.

My biggest problem is credibility. When you are telling folks something they don't want to hear or something that hasn't happened before- you already have a credibility problem. If the issue is beyond your perceived expertise; and/or the credentialed investment type people in their lives are telling them the opposite thing because they are biased and compromised by their work- your credibility will be suspect. That is the place I find myself in. 

In life, sometimes doing nothing (like standing frozen in the headlights) will kill you. So what I thought I'd do today is explain why the United States is headed for an economic collapse and what it most likely will look like.

I am going to try and break down a very complex issue into a few paragraphs. You may think what I am saying is a silly wild ass guess *Swag- but you are watching it unfold. It is happening now. My thoughts are a compilation of observations and existing fact. I am not some chicken little type- in fact I am quite the opposite. If I am buying gold- you had better damn sure bet I did my homework because I am simply not a doomsday type. Here then are the facts.

All debts must be paid. They are either paid by the debtor or they are suffered and paid by the lender. However, there is a third way to distribute debt. Debts can be socialized away. Money printed and inflated away. An example here. When borrowers couldn't pay their mortgages or debts in 2007 they walked away from their mortgages (strategic defaults)- and they left those debts to the issuers. Did the issuers (banks) pay the debt? Nope, they couldn't. In fact, they didn't have the money. The debts were then socialized by Hank Paulson, Congress, and the FED. The elite and their paid for politicians socialized those losses and spread them over the entire US tax base. Everyone is going to pay. And that's why those of us who didn't participate as borrowers nor did we issue liars loans- are pissed. We didn't reap any fruits of unsustainable borrowing and our savings are being diluted. Too Big To Fail Banks and our government have truly fucked the financially responsible people of this country. That is a fact that you must accept- and seeing the end game while protecting yourself- is precisely why silver and gold will rise.

The dollar will most certainly collapse. It has to. Runaway inflation, I mean a very real hyper inflation, has to occur. There is simply no way to pay off the trillions of debt we owe. Remember- all debt must be paid. Unless of course you really think we can each pay 1 million dollars- the amount owed at the bottom of the debt clock. Bottom right: http://www.usdebtclock.org/ That's just the transparent debt and the entitlements we are counting- not the unaccounted for debt (Fannie, Freddie, Sallie) that has been unrealized. Paying over 100 trillion dollars in debt and entitlements is laughable, incomprehensible. If you think social security or medicare can withstand this onslaught you are completely insane. Social security and medicare in their present forms will not exist in as little as 5 years from now.

We are bankrupt. The sooner you realize this and invest in gold, the better off you'll be. 

If you are caught holding US dollars, you are going to be financially destroyed. When is this going to happen? I believe hyperinflation could begin as soon as this year or next and if you think gold is expensive at 1530, try buying it at 5 or 6 thousand. I want to let you in on another little secret. The government and the elite will get their hands on inflated dollars first. Their standard of living will not deteriorate as quickly as yours will. They'll be buying gold and driving the price up ahead of you.  They are doing that now. Just because an event hasn't happened yet, doesn't mean it can't or won't.  

The only item of value, the one item that the uber wealthy have hoarded through out history and time, is gold. It is the only store of wealth (along with art, jewels, and real estate) that has stood the test of time. When cash is completely worthless and is universally refused- the government will have to step in. I'm not expecting Armageddon. But I'd damn sure rather be holding gold than any other form of money.

In three months time, the value of my silver has shot up 70% and gold is up 15%. That isn't an aberration. Price appreciation in metals markets will continue to rise until the US dollar reaches it's intrinsic value of zero and a new form of currency is issued.

That's what the end game is going to look like. You can ignore it and become a victim or you can take steps now to preserve what wealth that you still have. Because like it or not, your government and the FED are stealing your money. They are inflating away their debt, and devaluing your savings and buying power. It's a very sneaky way of doing business but that's what makes it so effective. People simply won't see it until it's too late.

http://www.zerohedge.com/article/things-make-you-go-hmmm-my-name-grant-williams-and-i%E2%80%99m-precious-metals-bug?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29