Tuesday 31 January 2012

Gipsy Rose-Lee

Texas tea


Friday 27 January 2012

Four To The Floor






Have fun dancing, while the music keeps playing










Que cera, cera.
It's just time.

Thursday 26 January 2012

Stack em high and sell em cheap

Why have the Saudi's been so willing to pump and sell so, so much (as much as the buyers want) of their oil and at the cheapest prices? Couldn't they in the end make more money from this oil by selling it slower and for higher prices?

Why have the Chinese been so willing to sell so, so much of their cheap goods on the world markets in exchange for so, so many US dollars that they've piled up so, so high? Again, couldn't they have backed off on the production a little, thereby obtained prices a little closer to those other countries would want for them. They don't really have to compete quite SO hard and be SO much cheaper than everyone else, do they?

Why are they in such a hurry to sell their cut-priced goods? Do they think the world is going to run out of US dollars?!

Or maybe they think the world might run out of something else at some point. Something they've been buying hand over fist while they still can. Maybe something whose price is currently being systematically suppressed. Meaning that when the systematic price suppression of this item is no longer possible, its price will spring upwards to its natural valuation.

Suddenly it would be revealed why they were in such a rush to sell off whatever they had, as much as possible and as quickly as possible, to accumulate as big a pile of this 'thing' as they could ... before it was revalued to its natural level. They might have got a little more for their trade goods if they had sold them more slowly. But not as much more as they would have to pay later for the no longer suppressed 'thing'. They would have missed the boat.

Hmmm.

On FDIC limits and negative yields


With 13-week T-bills today yielding 0.04% and Bernanke stating that the intention is to achieve the 2% nominal inflation target ... who in their right mind would be buying these bills?

Perhaps only people with a shitload of $ assets (eg: long bonds) that they want to get out of and into spendable cash ASAP. With a meagre $250K FDIC limit, they can't just sell the long bonds and put it on deposit at a bank. So 100% government-backed short term T-bills it is then.

And the government, therefore, will have to print and print and print to payout 100% of the cash that is due as these T-bills mature. After all, the US government is the ultimate risk-free borrower - they have a printing press (and a president!) that says they will never, ever, default on a loan.

If the buyers don't choose to roll them over for another 13 weeks that is. With T-bill yields below the stated nominal target rate of inflation, how long will they roll? Or will they take all this money promised to them in the form of credits, converting it to its final form?





What is that incessant humming? Coming from your manga maw?
Oh, you breathe twin towers, oh - you gave your powers up.

....and I can't teach you how to stop it, and you can't make me understand
Break, the withered habit, mmm - I need your rabid smile

Your home, (with the family wife and child and wife and)
Your head, (days in the cemetery come the calm the calm the)
Take form, (Time as your figure becomes the stone the stone your)

First body, Last body

I wish the summer was over us in bursts
We're in the middle of nothing we can hold
and the sewers erupting life in gold
I'm gonna happen and happen until my whole give up the ghost
I'm gonna renew my sinew until my cells divide no more

So lean me up and take a picture, I can't move my legs and arms
It's too much information, too - much to be thinking of

and each of us have separate houses, and each of us have separate souls
and some of us do nothing, some - some of us do nothing more

Your home, (sleep as your figure becomes the stone, the stone, the)
Your head, (time with the family, sleep the wheel, the tomb, the)
Find More lyrics at www.sweetslyrics.com
Take form, (dance with the atrophy cold and warm and warm your)

First body, Last body

I wish the cesspit would open like a bible
I wish the rotten would blossom with the tidal
and, I've never been able to divide us
I'm gonna wrestle and wrangle until my legs become unreal
I'm gonna stumble and scramble my way to lactic ecstasy

Yet while I can slumber, rest, move so slowly
It's creeping across his chest, like some cold weed
He's not as afraid as me, like some dancer.

I wish the cesspit would open like a bible
I wish the rotten would blossom with the tidal
and, I've never been able to divide us
I'm gonna wrestle and wrangle until my legs become unreal
I'm gonna stumble and scramble my way to lactic ecstasy


I wish the summer was over us in bursts
We're in the middle of nothing we can hold
and the sewers erupting life in gold
I'm gonna happen and happen until my whole give up the ghost
I'm gonna travel and travel until my cells divide no more

Friday 13 January 2012

It's just history repeating [with a new twist]

It doesn't seem to me that Alf Fields speaka da Freegold. However, his articles (like so many others that one encounters in different places outside the Freegold community) are certainly interesting to read with the benefit of a Freegold looking glass.


Case in point:
THE BRUTAL TRUTHS
  1. The slate needs to be wiped clean and a new sound monetary system introduced.
  2. That will require the elimination of all debt, deficits, unfunded social entitlements,
    the US Dollar as Reserve currency, and the big one, the $600 trillion of derivatives.
  3. To eliminate these problems by default and deflation will cause a banking collapse
    and untold economic pain, leading to riots and political change.
  4. Politicians are appointed for relatively short terms and opt for the easy solutions.
  5. While politicians continue to have the ability to create new money at will, they will
    do so in order to prevent a melt down on their watch.
  6. Consequently the odds point to governments wiping the slate clean by generating
    enough new money to eventually destroy their currencies.
  7. The new international monetary system is likely to involve precious metals. It will
    have to be money that people trust and that governments cannot create at will.


This next paragraph is key, the reason I chose to make this post:

This has happened many times before, dating back nearly 900 years to the first paper money introduced in China. History is full of attempts to use paper or fiat money, all of which ended in the destruction of that money. The last century saw virtually every South American country “wipe the slate clean” and begin again with a new money. Some did it several times. The Romans faced a similar financial crisis and resorted to reducing the silver content of the Denarius, eventually by about 5%, before people refused to accept the Roman coins.

(There is much more in the linked article, naturally.)

The point I wanted to highlight, is that today's debt crisis is nothing new. It's just history repeating. There are, however, two things about this crisis which are new. One is the sheer scale of the debts that we have managed to accumulate globally this time. The other is that this time some people (in Europe) have foreseen what was going to happen, and have spent the last decades doing something about it in order to lessen the impact as the crisis finally and inevitably unfolds.

If you are smart enough to realise that this crisis is going to impact you and your loved ones so you should find out more about it and try to prepare - congratulations! Come and find out where we're going, so that you can prepare before it's too late: you're searching for "freegold". There are people standing by to help you as best they can.

Sincerely,

DP


It's just history repeating [but with a new twist]

Wednesday 11 January 2012

Breakout or Fakeout?



Beware The Ides Of March

Caesar:
Who is it in the press that calls on me?
I hear a tongue shriller than all the music
Cry "Caesar!" Speak, Caesar is turn'd to hear.

Soothsayer:
Beware the ides of March.

Caesar:
What man is that?

Brutus:
A soothsayer bids you beware the ides of March.


Spoiler alert: Bet on the golden hot rod to stay the course!

Friday 6 January 2012

No way, buddy!

Hans, a middle-aged German tourist on his first visit to Orlando, Florida, finds the red light district and enters a large brothel. The 'madam' asks him to be seated and sends over a young lady to entertain him. They sit and talk, frolic a little, giggle a bit, drink a bit, and she sits on his lap. He whispers in her ear and she gasps and runs away! Seeing this, the madam sends over ... a more experienced lady to entertain the gentleman.

They sit and talk, frolic a little, giggle a bit, drink a bit, and she sits on his lap. He whispers in her ear, and she too screams, "No!" and walks quickly away.

The madam is surprised that this ordinary looking man has asked for something so outrageous that her two girls will have nothing to do with him. She decides that only her most experienced lady, Lola, will do. Lola has never said no, and it's not likely anything would surprise her. So the madam sends her over to Hans.

They sit and talk, frolic a little, giggle a bit, drink a bit, and she sits on his lap. He whispers in her ear and she screams, "NO WAY, BUDDY!" and smacks him as hard as she can and leaves.

Madam is by now absolutely intrigued, having seen nothing like this in all her years of operating a brothel. She hasn't done the bedroom work herself for a long time, but she's sure she has said yes to everything a man could possibly ask for. She just has to find out what this man wants that has made her girls so angry. Besides, she sees a chance to teach her employees a lesson.

So she goes over to Hans and says that she's the best in the house and is available. She sits and talks with him. They frolic, giggle, drink and then she sits in his lap.

Hans leans forwards and whispers in her ear, "Can I pay in Euros?"

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