BNN on going back to the gold standard.
Part 1: John Mueller (Non-Zionist) who is for a gold standard, and Robert "I look like a wet rat' Barsky (I'll let you decide who side he's on) whom quotes, "We have just mastered a period of incipient deflation, we do not need a gold standard." Anyone not wanting to stick daggers in your eyes and ears after listening to this guy go jump off a cliff holy fuck I have it playing in the background right now I want to hurt someone holy fuck I would like to rip his trachea out oh my god. Turn up those speakers, THIS GUY IS EDUCATING OUR YOUTH! Click here for Part 1...
Part 2: Barsky (I'm assuming you want to slit your wrists after listening to him by now), "Inflation is NOT a concern today." Click here for Part 2...
Part 3: Barsky, "There is no evidence of of inflation." I'm assuming no one is alive after listening to part two as you would have bled out by now...I'm sorry. Click here for Part 3...
If you are still kicking, go beat someone up.
Let the comments roll in, I hope this rodent is reading this...
is this rat guy driving the short bus to school? He tries to use big words to sound intelligent too bad his reasoning is retarded.
ReplyDeleteHoly fuck SGS. I thought you loved us. This is even beyond Gitmo's worst methods.
ReplyDeleteI could fit a 10 oz Silver bar between that rats teeth.
ReplyDeleteOK very funny SGS, how do I unsee this? I want this fucker out of my brain.
ReplyDeleteGuys, guys, guys, GUYS! You're acting like you have no power here ... here, let me remind you the exact method to employ in watching this rat:
ReplyDeletehttp://www.youtube.com/watch?v=GkQ8cpPsoWU
Works ... I swear. :)
the bernaks brother...the cure for people like him is....wild turkey 125
ReplyDeleteWTF is up with Kid Dynamite?
ReplyDeleteHes the biggest SLV cocksucker ever!
I was over at Turd's blog and someone post a link to his shit. I haven't read his blog in weeks, forgot why, I think it was because he was dissing Harvey and supporting JPM, or some such nonsense.
Here's the link.
http://kiddynamitesworld.com/ask-eric-sprott-why-wont-he-buy-more-silver-for-pslv/#disqus_thread
WATER BOARDING IS SANE TREATMENT COMPARED TO THAT RAT BASTARD ASSWIPE! I just watched that asshole and I am dumber for it!
ReplyDeleteThat was brutal.
ReplyDeletehttp://youtu.be/u_Ffz0koJbI
Barsky, I actually feel sorry for the guy in almost all aspects!
ReplyDeleteI think Robert Barsky made a much more compelling and very convincing case as to why Fiat currencies are great and central planning by the central bank does not produce inflation. I was rather disappointed by John Mueller's responses since he missed a lot of GOLDEN opportunities (such as asking Barsky why gold has risen five fold since 2001 and why silver is up 1,000% since 2001).
ReplyDeleteAll in all a must-watch video for those who want to point out the financial stability of fiat currencies (such as my pH. D. brother) vs the "gold standard" (which even Mike Maloney doesn't like).
Soo..... having said all that..... any mention of FREEGOLD? Nope....
GOLD STANDARDS SUCK! Investing & Monetary System With Mike Maloney
http://www.youtube.com/watch?v=VHNZ2Dd7NfU
By the way, I do thank you SGS for posting these videos. I too shall have to stab my eyes and puncture my ear drums before going to bed tonight.
As much as I love gold and silver I do not believe we will ever return to gold and silver coins in circulation (at least not with 6 billion of us humans on the planet).
ReplyDeleteHowever, I CAN fathom a FOFOA type scenario where gold is uses as the "store of value" portion of what "money" should be under a FREEGOLD situation. Digital gold (think: goldmoney.com) is similar - but actual gold coins with the fiat number stamped on them is not going to happen - Richard Nixon made sure that it will never happen.
Robert Zoellick was perhaps echoing Charles De Gaulle:
ReplyDeleteDE GAULLE predicted the US monetary crisis in 1965
http://www.youtube.com/watch?v=i-g2iGskFPE
I think Barsky co authored the discussion piece with Larry Summers a couple of decades ago-I cannot recall the name of the paper but it was about controlling interest rates by capping gold. They have done a great job of capping gold price the pat 11 years, huh?
ReplyDeleteHEY GUYS I GOT SOME NEWS!
ReplyDeletehttp://dont-tread-on.me/hong-kong-metals-exchange-opens-silver-contract-friday/
holy phuck, when did Rat boy loose his toupee?
ReplyDeleteLooks like Rat boy has lost all of his money and most of his hair the past few years. Good thing he is teaching the future generation 'economics'. Phuck, we are all DOOMED!
ReplyDeleteI knew I've seen him before.... Rat boy was on Deep Space 9 - he was one of those phuckwads that came through the wormhole to destroy humanity!
ReplyDeleteYep, he's 50% Ferengi(Jew), 40% Cardassian (Communist) and 10% Jem'Hadar (al-Qaida). Makes perfect sense that he is the teacher to our Children (PHUCK NO!)
ReplyDeleteRat boy is Michael Scotts long lost brother.
ReplyDeletemaybe you guys saw this, found it on Robby Noel's site ....
ReplyDeleteSprott Asset Management Adds Another 6.6 Tons Of Physical Gold To PHYS
Eric Sprott has just decided to take out 213,800 ounces (6.6 tons) of physical gold out of circulation with yet another follow on offering in his PHYS physical gold trust. The twist: “Certain lead investors, including certain funds managed by Sprott Asset Management LP, will purchase 9,171,000 Units in this Offering.” That’s 37% of the entire offering going to Sprott. So much for Eric getting out at the top. One look at the premium to NAV shows why the sale makes sense: the difference between the NAV and the price is the highest since the March highs, despite paper gold trading at all time records.
@IL: do you listen to Alex? If not, you should
ReplyDeletewww.infowars.com
Thanks for the post.
It looks like mikes was right after all. Did you guys see corn?
ReplyDeleteJesus, I wouldn't let rat Barsky anywhere near my kids. That guy has hardcore molester written all over him.
ReplyDeleteLike a high school debate Barsky is using what little he can find to argue against the gold standard, which is said given he's a prof. Truly a waste of time because except the that 10 oz bar that would easily slip between.
ReplyDeleteRobert Barsky
ReplyDeleteProfessor of Economics
PhD, MIT, 1985
University of Michigan
Department of Economics
611 Tappan Street
356 Lorch Hall
Ann Arbor, MI 48109-1220
Phone: 734-764-9476
Email: barsky@umich.edu
I got a drinking game for us: every time this rat says "uh," which, by the way, is a sure sign of disorganized thoughts, we take a shot. A shot of what, you ask? Goldschlager. What else?
ReplyDelete@ingots Master: guess you forgot how I book a nice 87.85% profit on my puts after getting stopped out and also said I agreed with Mike I was long term bullish. Oh well, such is life.
ReplyDeleteRat boy = Jeffrey M. Christian where "M" stands for moron.
ReplyDeleteled better thinks every post re: corn is directed at him. He's trying hard to be the next WU. ANd FU highrise :)
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ReplyDeletedearest led betterest,
ReplyDeleteI only do it to tease you because you are so strung out that any comment within 360 degrees of blowing your way and you go nuts- usually with several posts in a short time- evidence of someone all caught up in things and taking themselves wayyyy to serious. It makes you sound all doom and gloom and mel gibsonish.
I love how for several minutes you STILL were dwelling on my post and just HAD to add your coup de gras :)
You epitomize a certain type of doom and gloomer that you see on this, turds, zerohedge et al. sites to me. I always imagine you guys are all bunkered up holding your loaded ak staring at your monitors.
im just bustin your nuts.
This comment has been removed by the author.
ReplyDelete@JOJO: yes, I take making fiat & turning into something worthwhile very, very seriously. Don't you? Shouldn't you?
ReplyDeleteHoly shit! I couldn't even last through the first one.
ReplyDeleteDid rat-face choose his own studio background? Using the 911 smoke pall as a kind of credential... yeah, I suppose it's true.
Wow, what did I start?
ReplyDeleteHere is my dipshit observation fwiw. 1. Mikes made a corn call and led disagreed. 2. Mikes stood by his prediction of $8 corn as led told him it was going down near term. 3. Led was right in the short term and appears to have profited but I cannot find a specific post where he said he shorted corn but he did say lower. 4. Mikes did post that he bought dec corn below 600 and added to his long. 5. This add appears to be a good trade and up 1.00 from his entry. 6. I think he also said to go long at levels below the current price before the July 4 swoon. 7. I'm not sure why but led seems to take the corn trade personally and jumps on anyone that mentions it..8. Were all trying to make $ and I think a little decorum is warranted., I.e. Led you maybe a great trader but just because someone takes the other side should not result in your kicking their ass in print.
ReplyDelete