This Has Never Happened To Gold Before

5 comments

Posted on 25th July 2015 by Administrator in Economy |Politics |Social Issues

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Tyler Durden's picture

For the first time since records began, hedge funds are net short gold futures, according to CFTC data…

 

 

This is what happened the last time gold saw a ‘low’ net long position…

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WAL-MART FREAKS OF THE WEEK

9 comments

Posted on 25th July 2015 by Administrator in Economy |Politics |Social Issues

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Silver lining – you sweep the floor as you walk so you save tons of money on cleaning supplies!

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Perhaps next time you can provide everyone with goggles…I request mine to be blacked out so I can’t see a thing.

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Looks like you need to increase the size of those black censorship bars

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Done Been Girled: The Price of Matriarchy

244 comments

Posted on 25th July 2015 by Administrator in Economy |Politics |Social Issues

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The United States has embarked, or been embarked, on a headlong rush into matriarchy, something never before attempted in a major country. Men remain numerically dominant in positions of power, yes, but their behavior and freedom are ever more constrained by the wishes of hostile women. The effects have been disastrous. They are likely to be more so.

The control, or near control, extends all through society. Politicians are terrified of women. The president of an Ivy university is fired, and replaced by a woman, if he makes the obvious observation that women are not much good at mathematics. Women dominate the schools and universities. A Nobelist in biology has to apologize profusely for having said that in laboratories women cry when criticized. Women have forced the lowering of standards for hiring police and firemen, for the military. They have made life miserable for small boys. The beat goes on.

The pathological egalitarianism of the age makes it career-ending to mention that women in fact are neither equal nor identical to men. The differences are many and most of them are obvious:

Women are less curious than men. They will learn to drive or use a computer, but will have no idea how either machine works.

They are totalitarian. A man is willing to let girls be girls and boys be boys. Women want all to be girls or, more accurately, to behave according to female standards.

Men enjoy competition; women deplore it. “Let’s have a cooperative game led by a caring adult.”

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TEACH A MAN TO FISH….

2 comments

Posted on 25th July 2015 by Administrator in Economy |Politics |Social Issues

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Via Lonely Libertarian


QUOTES OF THE DAY

0 comments

Posted on 25th July 2015 by Administrator in Economy |Politics |Social Issues

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“A lie would make no sense unless the truth were felt to be dangerous.”

Alfred Adler

“In a room where
people unanimously maintain
a conspiracy of silence,
one word of truth
sounds like a pistol shot.”

Czesław Miłosz


INTERACTIVE TIMEWASTER

2 comments

Posted on 25th July 2015 by IndenturedServant in Technology

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I’m not sure why I never posted about this here before. It’s been around for years. Use it to impress your friends and family or to get a kid interested in science or math.

The site is called Heavens-Above. You can use it to observe bright satellites like the International Space Station and many others.

From the left side of the page click on “Change your observing location”. You will be able to drill right down to a single point anywhere on Earth (your location) and then click save if you’d like, or not, for you paranoid types. After that click on “ISS” and it will generate a table for any visible passes (overflights) of the International Space Station visible from your location. If no table is displayed try again in a few days.

If you know your constellations you can even print out a map that plots the pass across your sky along with pass details by clicking on the date.

Data on the table is displayed by:

Date: There can be multiple passes in a single day visible from the same place.

Brightness: The lower the number, the brighter the ISS will appear. Negative numbers are best.

There are then three broader columns labeled Start, Highest Point and End. Each of these is broken down by:

Time: When a pass first becomes visible is at its max altitude or ends. Shown in local military time.

Alt: This is altitude in degrees above the horizon. Ninety degreees is straight up, 45 degrees is half way to the horizon etc.

Az: This is shown as compass directions for where in the sky the pass will appear, peak and disappear.

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PRICELESS!

6 comments

Posted on 25th July 2015 by IndenturedServant in Economy


BIG ME

3 comments

Posted on 24th July 2015 by Administrator in Economy |Politics |Social Issues


WOULD YOU LIKE SOME THC WITH THAT COOKIE?

42 comments

Posted on 24th July 2015 by SSS in Social Issues

IT’S TGIF. LET’S KICK IT OFF WITH THIS HEARWARMING STORY. I LOVE HAPPY ENDINGS. DEDICATED TO OUR DEAR FRIEND FROM COLORADO, BLOTTOMATIK.

A teenager in Colorado died after consuming an entire marijuana cookie that contained 6 servings of marijuana’s active ingredient, tetrahydrocannabinol (THC). The 19-year-old man had received a marijuana cookie from his friend, a 23-year-old who bought the product from a store. The sales clerk instructed the friend to divide the cookie into six pieces, with each piece containing about 10 mg of THC, the recommended serving size established by Colorado authorities.

At first, the 19-year-old followed these instructions, and ate just part of the cookie. But after about 30 to 60 minutes, he didn’t feel any effects, so he ate the rest of the cookie, according to the report from the Centers for Disease Control and Prevention and the Colorado Department of Public Health and Environment. Over the next few hours, the man showed erratic speech and hostile behaviors. About 2.5 hours after he ate the whole cookie, he jumped off a balcony on the fourth floor of his building, and died from trauma from the fall. Officials determined that marijuana intoxication was the chief contributing factor to the man’s death.

P.S. from SSS: You Stoners in Colorado have a nice weekend. Watch those cookies. Heh.

FRIDAY FAIL

17 comments

Posted on 24th July 2015 by Administrator in Economy |Politics |Social Issues

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7 Children Who Will Put A Smile On Your Face And A Tear In Your Eye (and restore your faith in humanity)

8 comments

Posted on 24th July 2015 by Stucky in Economy

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Tired of Doom Porn? Of course you are!  Watch one or two, take a break, come back and watch the others. They’re all terrific.  Best to watch the intro part, and not just skip to the music part. Some of these kids have a wonderful story to tell.

I might have posted one or more of these before. So what. Sue me. Not everyone has been here forever. And good stuff deserves to be posted more than once …. like that picture Admin has posted 649 times of him kicking SSS in the nuts.

Just one request.  If this type of thing isn’t your cup of tea, then just stop right now and click on something else.  In other words, it’s not necessary for you to let the world know —“I don’t like this. Wah! Wah! It sucks.” No one cares.  In other words .. just shut the fuck up.

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1)  Quite simply …. PREPARE … to get blown away …. from the very first note.

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Jim Grant On Gold’s Liquidation Sale: A “Vexing But Wonderful Opportunity”

9 comments

Posted on 24th July 2015 by Administrator in Economy |Politics |Social Issues

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Via Valuewalk,

Don’t tell Jim Grant, the publisher of Grant’s Interest Rate Observer, that gold is a hedge.

The author and publisher said the metal is much more dynamic; providing a trifecta of price, value and sentiment, and investors should have exposure to it.

[G]old is an investment in monetary and financial disorder – not a hedge. You look around the world and you see exchange rates are properly disorderly, when you look around the world of lending and borrowing — we are in a regime of price control by another name, so-called zero percent rates and quantitative easing by the world central banks – we are in one of the most radical periods of monetary experimentation in the annals of money,” Grant told Kitco News Thursday.

Grant added that it could be that it all works out, albeit a very “low probability.”

“You want to have exposure to the reciprocal asset of the paper assets that are the most popular – so gold, to me, is now the conjunction of price, value and sentiment, and I am very bullish indeed.”

Gold prices are on track for its longest run of losses since 1996. After reaching five-year lows this week, the metal was relatively quieter on Thursday with prices slightly rebounding on some bargain hunting in the spot market. Kitco’s spot gold was last up $0.60 at $1094.60 an ounce.

Grant summed up the gold selloff as “Mr. Market having a sale,” and added that the downward spiral is “terrifically vexing but a wonderful opportunity.”

He explained that no one knows the bottom for the metal and that should not be the sole focus.

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