LOL at 0bama

Heh! Granted I get the date wrong sometimes too, but usually it is in January and the year I put down is the previous one. This should file under Tuesday Funny.

============

President Obama Has No Idea What Year It Is

http://nymag.com/daily/intel/2011/05/president_obama_has_no_idea_wh.html



This is how President Obama signed the guestbook at Westminster Abbey earlier today, where he got a tour from the Very Reverend Dr. John Hall and laid a wreath on the Grave of the Unknown Warrior.
It is a great privilege to commemorate our common heritage, and common sacrifice.

Barack Obama

24 May 2008

It was really nice until he got the date wrong by three years. Granted, 2008 was a great year for him, and we might try to live it for as long as possible, too, if we were him. Also, though, he may have had a stroke.

Update: For those who find the European-style date suspicious, the Telegraph reports that a "Westminster Abbey spokeswoman confirmed it was the president who had written the wrong date."

===

z

Embry - Silver Market Extraordinarily Tight, Look for $125

No matter how you slice it, everyone that knows what they are talking about thinks that silver will be over $100 in less than 2 years. That's nearly triple from here at the lowest. Most expect in the $120-140, which is quadruple from here. These are low ball estimates for the end of 2012. If you combine this article, with the one posted directly before it with gold at $5000 that puts silver at nearly $300 in a few years, or 8-fold from where we are today at $36.

Of course it could go higher. Buy the phyzz. As much as you possible can. Buy popcorn. Watch. Retire early.

=====

Embry - Silver Market Extraordinarily Tight, Look for $125

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/24_Embry_-_Silver_Market_Extraordinarily_Tight,_Look_for_$125.html

When asked if there was still tightness in the silver market Embry replied, “As far as what we look at, my partner Eric Sprott, he thinks the market is extraordinarily tight. I think one thing people are underestimating is the investment demand. This is being triggered by the high gold price which is driving the little guy into silver for the simple reason that he can’t handle how much it costs to get an exposure in gold, so he buys silver.

So I think this will be an ongoing phenomena and when you put that together with the strong industrial demand, the two together will drive silver much higher. I think the optimists that are talking about the gold/silver ratio declining to historical lows of 10 to 15 times could well be right, and given where I think gold is going, I mean that has an enormous upside potential for silver.

...Well let’s say gold goes to $2,500 which I don’t think is an outrageous statement in the face of what is going on, and the gold silver ratio falls to 20 to 1, well that puts silver at $125...People that were top-calling in silver and gloating when it got taken to the cleaners, I don’t really think they really understand the dynamics of the market.”

====

z

Russell - Expect $5,000 as US Has to Back Currency With Gold

Russell - Expect $5,000 as US Has to Back Currency With Gold

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/24_Russell_-_Expect_$5,000_as_US_Has_to_Back_Currency_With_Gold.html

I think the gold action goes along with the above scenario. Why take profits or sell your gold, when the real move in gold is slated for 2012 and beyond?

Why is China so intent on accumulating gold? My thinking is that China is preparing its renminbi to replace the US dollar as the world's reserve currency. To become the new world power, China needs two items: (1) A military second to none. (2) The world's most trusted and wanted currency.

(1) China is now on an all-out campaign to build up its military. (2) China wants the renminbi to backed with a huge percentage of gold, thereby making the renminbi the world's best and most trusted currency.

To compete, I believe that somewhere head the US will have to back its current irredeemable fiat currency with gold. In order to do that, the US will have to boost the price of its huge gold hoard to a level where the dollar may be backed anywhere from 50% to 100% with gold. That could mean unilaterally raising the price of gold to maybe $5000 and ounce or more...I thought that gold, closing higher, in the face of the stronger dollar, was significant. Gold appears to be advancing against almost all fiat currencies (is this a preview of the future?).

=====

z

Bob Chapman Tyranny, Silver And Your 401K

Bob Chapman Tyranny, Silver And Your 401K

Bob Chapman says the Hong Kong Mercantile Exchange is going to sell silver in two to three months, right about the July CRIMEX delivery contract.

Bob says NOT TO TRADE THE SILVER MARKET. ONLY BUY PHYSICAL SILVER. Go long and stay long.

Get out of your 401k and IRA if you can’t get out borrow against it.



====

z

A Historical Case for $960 Silver

I can only dream...

====
http://dont-tread-on.me/a-historical-case-for-960-silver/

A Historical Case for $960 Silver

By Silver Shield, on May 5th, 2011

During the height of the Roman Empire that average days pay for a soldier and laborer was on silver Denarius. This Denarius was 1/10th of an ounce of silver, similar to our silver dimes of yesteryear. What I find amazing is the implied value of this coin into our modern lives.

This dime of the Roman Empire was the average wage of the average worker. It paid for all of the living expenses of a man and his family; food, shelter, clothes, taxes and maybe a little fun from time to time. How would we begin to relate the value of that Roman dime to where we are today. First think about the kind of work a Roman soldier or a field worker would have to do to get that Denarius. Most likely the Roman soldier would be enduring terrible conditions or fighting in hand to hand combat. The average laborer would be working 12 hour days using rudimentary tools doing arduous tasks to eek out an existence.

The average American Empire laborer or soldier probably makes minimum wage of about $8 an hour. If we multiplied $8 times the 12 hours the Roman laborers must have worked that would make the implied value of the silver Denarius about $96. If the Denarius is 1/10th of an ounce of silver, then the implied value of an ounce of silver is $960. Let’s think about it another way, Judas sold out Jesus Christ for 30 Sheckles which is about 15 ounces of silver. Would you condemn your friend, much less the Messiah to death for 15 x $38= $570? What about 15 x $960= $14,400? That seems to be about the same cost I hear in those murder for hire plots…

This is just one of the many ways for you to see through the paper silver propaganda. For a more complete picture, read the Silver Bullet and the Silver Shield. http://dont-tread-on.me/the-silver-bullet-and-the-silver-shield/ . Why you are aware of the once in human existence opportunities of investing in physical silver, then it makes it easier to create generational wealth. Buy right, and sit tight.

======

z

The American Dream By The Provocateur Network

The American Dream By The Provocateur Network



===

z

Alex Jones’ Audio Blog: Owner’s Manual on Reality

Alex Jones’ Audio Blog: Owner’s Manual on Reality


======

z

Silver Shield

Silver bullets and silver shields will protect you from what is coming. Prepare accordingly.

===============
Silver Shield 2 parts

http://silverbearcafe.com/private/05.11/sivershield.html



and



=====

z

Nowhere to Go: 85% of College Graduates Will Return Home Jobless

Fortunately, I am not one of those people. However, by choice I may be choosing a career not directly related to my 4 collage degrees. Heh, LOL.

====

Nowhere to Go: 85% of College Graduates Will Return Home Jobless

http://www.shtfplan.com/headline-news/nowhere-to-go-85-of-college-graduates-will-return-home-jobless_05242011

That’s 1.7 million graduates who are going to have their dreams and delusions crushed in coming weeks and months.

How long will we continue to pretend that America’s economy is returning to normal? President Obama and mainstream economists can argue all they want about us having avoided a depression, but that’s far from the experience being had by millions on Main Street.

The real unemployment rate in America is north of 20% – that’s one in five Americans who can’t find work. College graduates, who have been made to believe throughout their lives that a college degree is all they will need to find a ‘good’ job are getting a rude awakening. For any meaningful position that becomes available, there are thousands of applicants. Heck, when McDonald’s held a job fair recently, there were hundreds of thousands of applicants for positions paying minimum wage. This should tell you something.

The government would have us believe that economic growth as measured by GDP is positive. This is yet another falsehood, as a large portion of those growth numbers are based on price inflation. Without jobs there can be no actual growth, there can be no increase in consumption, and there can be no recovery.

The most alarming aspect for those who subscribe to the view that things aren’t exactly as they may seem by mainstream accounts is that the negative feedback loop will only accelerate. As more people lose jobs or can’t find jobs, less money is spent on consumption, leading to even more job losses.

=====

z

Gold currency : Many US states to follow Utah

Gold currency : Many US states to follow Utah

SALT LAKE CITY (Commodity Online) : Nearly a month after Utah became the first state in the United States to officially recognize gold and silver coins as legal currency, many other states are also on the track to legalize gold and silver legal tender.

Earlier this month, Minnesota took a step closer to joining Utah in making gold and silver legal tender. A Republican lawmaker there introduced a bill that sets up a special committee to explore the option. North Carolina, Idaho and at least nine other states also have similar bills drafted.

http://www.commodityonline.com/news/Gold-currency--Many-US-states-to-follow-Utah-39282-3-1.html

===

z