The Treasury is having another Auction next week. They will auction sell 3 year, 10 year and 30 year T-bills/bonds. It will be a record $75 Billion up for sale in one week.
The 3 year will be on the 11th (Tuesday) for $37 Billion
The 10 year will be on the 12th for $23 Billion
The 30 year will be on the 13th for $15 Billion
The govt. estimates they will issue $406 Billion of U.S. debt for the months of July and August .
The problem is I don't think the debt is actually going out to buyers as much as they have wanted. The Fed. admitted to buying $7 Billion of the last sales debt. I believe it was actually more though, as consolidated buyers might have also been investment houses funneling the money for the Fed.
I sure hope investment houses and retirement account executives are not putting people's hard earned money in U.S. debt, they are in charge of, via money market accounts.
So, lets keep our eyes on what happens next week, if there were not buyers for the U.S. debt clamoring over the 2/5/7 year bonds that were up last week. I can't imagine they will be buying the longer term ones very fast.
Also, will China show up this time? What countries will show up - will any?
Another thing - watch what happens on Thursday after the bond sales are over - will the dollar index take a dive - if the bond auction doesn't exactly go great?
Next week is a week to watch the bonds - and that isn't James Bond! ;) Unless it is sneaky stuff the Fed does to make the U.S. dollar still look strong by having money funneled through their "friends".
Friday, August 7, 2009
California's Fraud and Con Game Against the People - Issuing IOU's, which Banks don't Acknowledge and making People Pay Taxes on Them
California is committing a Huge Con and Fraud Against the People of the State. They are issuing IOU's to people, which banks do not acknowledge nor accept as Real Money. BUT the govt. is making the Businesses and People they issue those (not real money) IOU's to pay Taxes on Money they Never Received!
If any person or business committed Fraud like that - where they give people a worthless piece of paper and then told those people - they then had to give them back a percentage of the worthless paper - they would be turned in and arrested. They would be convicted by the courts of a Con and Fraud Scheme.
How can California actually expect people to pay taxes on money they did not receive?
Those businesses are hurting in the first place, I would bet, due to laying out their own money to do business with the state and yet not get paid.
link to information :
http://www.courthousenews.com/2009/08/04/California_Won_t_Accept_Its_Own_IOUs.htm
SAN FRANCISCO (CN) - Small businesses that received $682 million in IOUs from the state say California expects them to pay taxes on the worthless scraps of paper, but refuses to accept its own IOUs to pay debts or taxes. The vendors' federal class action claims the state is trying to balance its budget on their backs.
Lead plaintiff Nancy Baird filled her contract with California to provide embroidered polo shirts to a youth camp run by the National Guard, but never was paid the $27,000 she was owed. She says California "paid" her with an IOU that two banks refused to accept - yet she had to pay California sales tax on the so-called "sale" of the uniforms.
The class consists mostly of small business owners, many of whom rely on income from government contracts to keep afloat. They say California has used them as "suckers" as it looks for a way to bankroll its operations while avoiding its own financial obligations. "Instead of seeking funds through proper channels, the State has created a nightmare," the class says. "Many of these businesses will not survive if they are required to wait until October 2009 to have these forced IOUs redeemed by the State."
The class claims the state is violating the Fifth and Fourteenth Amendments. It demands that California be ordered to honor its own IOUs, plus interest. They are represented by William Audet.
If any person or business committed Fraud like that - where they give people a worthless piece of paper and then told those people - they then had to give them back a percentage of the worthless paper - they would be turned in and arrested. They would be convicted by the courts of a Con and Fraud Scheme.
How can California actually expect people to pay taxes on money they did not receive?
Those businesses are hurting in the first place, I would bet, due to laying out their own money to do business with the state and yet not get paid.
link to information :
http://www.courthousenews.com/2009/08/04/California_Won_t_Accept_Its_Own_IOUs.htm
SAN FRANCISCO (CN) - Small businesses that received $682 million in IOUs from the state say California expects them to pay taxes on the worthless scraps of paper, but refuses to accept its own IOUs to pay debts or taxes. The vendors' federal class action claims the state is trying to balance its budget on their backs.
Lead plaintiff Nancy Baird filled her contract with California to provide embroidered polo shirts to a youth camp run by the National Guard, but never was paid the $27,000 she was owed. She says California "paid" her with an IOU that two banks refused to accept - yet she had to pay California sales tax on the so-called "sale" of the uniforms.
The class consists mostly of small business owners, many of whom rely on income from government contracts to keep afloat. They say California has used them as "suckers" as it looks for a way to bankroll its operations while avoiding its own financial obligations. "Instead of seeking funds through proper channels, the State has created a nightmare," the class says. "Many of these businesses will not survive if they are required to wait until October 2009 to have these forced IOUs redeemed by the State."
The class claims the state is violating the Fifth and Fourteenth Amendments. It demands that California be ordered to honor its own IOUs, plus interest. They are represented by William Audet.
Thursday, August 6, 2009
What is going on with the Pacific Ocean? Giant Squids, and Now Pilchard Fish washing up Dead on Shores, Sea Otters Dying in Mass
The Pacific Ocean seems to have a lot going on right now, that is not good. Along the coast of California, into Canada many sea animals have been washing up dead in record numbers.
A few weeks ago, Giant Squid washed up in the San Diego area, right before a large quake in the Pacific.
Let me also clarify, I have kept an eye on Whale and Dolphin Beachings and then watch the quake map to see if there is correspondence to the beachings and earthquakes. I have found some correspondening events. There was a huge whale beaching earlier this year in Tasmania, then an unusual quake hit days later in Southern Australia, near Tasmania. The thing about whale beachings is, there are thousands of deserted islands throughout the Pacific and beachings are not found, unless it happens in a populated area.
Now there are reports out today of all kinds of beachings around California and Canada.
Link to the Giant Squid and Pilchard Fish along the Canadian Coast:
http://www.britishcolumbia.name/news/first-it-was-squid-now-it%C2%92s-pilchard/
Dead fish rest atop a decomposing Humboldt squid on North Chesterman Beach Wednesday. Click here to see more photos. (Keven Drews Photo)
TOFINO — Nearly 1,000 pilchard and herring washed up on a Tofino beach Wednesday, just days after a similar phenomenon involving Humboldt squid.
Here is information regarding the Squid Only
link: http://www.cbc.ca/canada/british-columbia/story/2009/08/05/bc-tofino-giant-squid.html
Dozens of so-called jumbo squid have washed ashore along Vancouver Island beaches in recent weeks, although a local biologist believes their deaths were likely natural.
The Humboldt squid have been washing up in the Tofino area, on the west coast of the island.
Josie Osborne of the Raincoast Education Society says the squid were probably immature juvenile animals that may have been hunting before the water carried them to land.
"What likely happened is that they came closer to the water's surface during the night (when they hunt) as they were chasing their prey, and they may have encountered colder water or stronger currents and washed ashore on the beach," Osborne wrote in a mass email this week.
The species is native to the deep waters off Mexico, but have moved north as waters have warmed.
Osborne suggested the especially warm waters caused by the El Nino phenomenon brought the squid into Canadian waters.
"The presence of the squid and their prey is a reminder that we are experiencing an El Nino event this year — a climatic oscillation that occurs every three to eight years and which results in warmer waters off the west coast of Vancouver Island," wrote Osborne.
Osborne said there was a similar mass stranding in La Jolla, Calif., just three weeks ago.
Nikki Laine, who owns a bed and breakfast on Chesterman Beach near Tofino, was out walking with a friend when they came across 38 squid.
Laine said all but one appeared to be dead, and while the animals didn't smell, there were lots of flies about.
"I've never seen a squid around on any beach in 30 years," she said. "It was really sad. I sort of wondered why they washed up on the beach."
I have always been amazed, the experts always put out some reason right away, (they do the same with whale beachings) instead of looking deeper into the incidents. First, what is going on in the Pacific Ocean?
Sea Lions and Sea Otters are Dying in Mass right now along the California coast too. The reasoning, I have been reading is because so many were born last year. But it seems to me, nature takes care of it's own on a normal basis. Is their food supply dying off, causing them to die?
link:http://abclocal.go.com/kgo/story?section=news/local/south_bay&id=6894794
MONTEREY, CA (KGO) -- Sea otters along the California coast are dying faster than at any time since the late 1990s. It is disturbing new evidence of the threat ocean pollution is posing to marine wildlife.
We do know, for instance, that it is not reduced reproduction that is limiting population growth; we know that it is indeed elevated mortality," USGS wildlife biologist Tim Tinker said. Tinker has been studying the otter population since the early 1990's.
The spring census found just over 2,600 otters along 375 miles of coast; a nearly 4 percent drop from the year before.
Betty and Jack Duffield noticed the decline immediately. Every year they visit Moss Landing State Beach in the shadow of the old power plant. It is a little known spot where an extraordinary number of otters hang out. Tuesday, Betty counted just 26.
"When wildlife decreases there's a problem; it's very disturbing," Betty Duffield said
Researchers agree. They say the drop in the otter population is much more serious and much more significant than the problems seen this year with other marine mammals like sea lions.
Otters are often referred to as the cannery in the coal mine because they are an early indicator as to the overall health of the ocean.
Lab tests indicate the otters are dying primary from infectious disease, likely caused by manmade pollutants.
The information regarding Sea Lions washing up on the shores of California
link:
http://www.msnbc.msn.com/id/32244666/ns/local_news-san_luis_obispo_ca/
Record number of Sea Lions Washing up on Central Coast Shores
If you spend any time at the beach, you may have noticed a number of sea lions washing up on Central Coast shores.
Experts at the Marine Mammal Center in Morro Bay say they are seeing an unusual number of strandings this year.
Rehab centers for marine mammals are taking in almost three times the number of injured, sick and malnourished sea lions that they normally do.
It is estimated that just 20 percent of all newborn sea lions survive.
So far this year, 860 sea lions have been taken in for rehabilitation.
Their overpopulation and scarce food options could be to blame.
I have read how many have been dying and also seen on the highways in California.
Something is happening in the Pacific, including the new land which rose in Alaska last month - which just appeared almost overnight and there is still no explaination for. It was a large amount of land too.
link: http://www.homernews.com/stories/070809/news_1_002.shtml
Like a giant fist punching through the earth, a 1,000-foot long section of the beach below Bluff Point rose up 20 feet from the tidelands sometime last Friday or late Thursday, pushing boulders up from the ocean bottom, cracking sandstone slabs and toppling rocks upside down.
Below Bluff Point, a new fissure opened up at the base of the 800-foot high cliff. The uplift could be a re-activation of a landslide that happened perhaps 12,000 years ago.
"There was just beach before," said Ron Hess, who lives on Bluff Road above the new uplift. "Now there are tidal pools."
"You can see a rock circle," said Marilyn Hess. "All you used to see was one big rock, and now you can see this uplift of rock."
Scientists don't know exactly what caused the uplift. It would take an earthquake over magnitude 7 to cause an uplift that high, said Peter Haeussler, a geologist with the U.S. Geological Survey in Anchorage.
"I have no idea," he said when he first learned of the uplift. "This sounds really, really bizarre."
There are so many different things going on in the Pacific of sea animals dying, land rising, and volcanoes erupting in record numbers this year around the ring of fire.
I wish scientist and geologist would look more closely at everything and start putting the dots together, instead of throwing out a reason immediately. There is more going on which needs to be looked at and watch what Earth events happen after beachings etc. If others can watch and start putting events together and see there is more of a reason of the sea animals committing suicide than just hunger or the other reasons they come up with.
It makes sense to me, that animals living in the ocean are affected by Earth movements under the ocean which can cause them harm or distress from the noise happening with the Earth and the sound traveling through the water.
Personally, I will be watching the undersea volcanoes (like Tonga) and for large Earthquakes in the very near future for possible links to the various animals beaching and dying along the coast today and the last few days.
The above sea animal deaths along the West Coast of the U.S and Canada - could be precursors to some large Earth events.
I will be keeping an eye on the U.S.G.S Earthquake map, to watch and see if something happens Earth wise, causing the animals to commit suicide.
I feel it is strange for all of these animal deaths happening close in time - without some kind of link connecting them, besides global warming and hunger.
A few weeks ago, Giant Squid washed up in the San Diego area, right before a large quake in the Pacific.
Let me also clarify, I have kept an eye on Whale and Dolphin Beachings and then watch the quake map to see if there is correspondence to the beachings and earthquakes. I have found some correspondening events. There was a huge whale beaching earlier this year in Tasmania, then an unusual quake hit days later in Southern Australia, near Tasmania. The thing about whale beachings is, there are thousands of deserted islands throughout the Pacific and beachings are not found, unless it happens in a populated area.
Now there are reports out today of all kinds of beachings around California and Canada.
Link to the Giant Squid and Pilchard Fish along the Canadian Coast:
http://www.britishcolumbia.name/news/first-it-was-squid-now-it%C2%92s-pilchard/
Dead fish rest atop a decomposing Humboldt squid on North Chesterman Beach Wednesday. Click here to see more photos. (Keven Drews Photo)TOFINO — Nearly 1,000 pilchard and herring washed up on a Tofino beach Wednesday, just days after a similar phenomenon involving Humboldt squid.
Here is information regarding the Squid Only
link: http://www.cbc.ca/canada/british-columbia/story/2009/08/05/bc-tofino-giant-squid.html
Dozens of so-called jumbo squid have washed ashore along Vancouver Island beaches in recent weeks, although a local biologist believes their deaths were likely natural.
The Humboldt squid have been washing up in the Tofino area, on the west coast of the island.
Josie Osborne of the Raincoast Education Society says the squid were probably immature juvenile animals that may have been hunting before the water carried them to land.
"What likely happened is that they came closer to the water's surface during the night (when they hunt) as they were chasing their prey, and they may have encountered colder water or stronger currents and washed ashore on the beach," Osborne wrote in a mass email this week.
The species is native to the deep waters off Mexico, but have moved north as waters have warmed.
Osborne suggested the especially warm waters caused by the El Nino phenomenon brought the squid into Canadian waters.
"The presence of the squid and their prey is a reminder that we are experiencing an El Nino event this year — a climatic oscillation that occurs every three to eight years and which results in warmer waters off the west coast of Vancouver Island," wrote Osborne.
Osborne said there was a similar mass stranding in La Jolla, Calif., just three weeks ago.
Nikki Laine, who owns a bed and breakfast on Chesterman Beach near Tofino, was out walking with a friend when they came across 38 squid.
Laine said all but one appeared to be dead, and while the animals didn't smell, there were lots of flies about.
"I've never seen a squid around on any beach in 30 years," she said. "It was really sad. I sort of wondered why they washed up on the beach."
I have always been amazed, the experts always put out some reason right away, (they do the same with whale beachings) instead of looking deeper into the incidents. First, what is going on in the Pacific Ocean?
Sea Lions and Sea Otters are Dying in Mass right now along the California coast too. The reasoning, I have been reading is because so many were born last year. But it seems to me, nature takes care of it's own on a normal basis. Is their food supply dying off, causing them to die?
link:http://abclocal.go.com/kgo/story?section=news/local/south_bay&id=6894794
MONTEREY, CA (KGO) -- Sea otters along the California coast are dying faster than at any time since the late 1990s. It is disturbing new evidence of the threat ocean pollution is posing to marine wildlife.
We do know, for instance, that it is not reduced reproduction that is limiting population growth; we know that it is indeed elevated mortality," USGS wildlife biologist Tim Tinker said. Tinker has been studying the otter population since the early 1990's.
The spring census found just over 2,600 otters along 375 miles of coast; a nearly 4 percent drop from the year before.
Betty and Jack Duffield noticed the decline immediately. Every year they visit Moss Landing State Beach in the shadow of the old power plant. It is a little known spot where an extraordinary number of otters hang out. Tuesday, Betty counted just 26.
"When wildlife decreases there's a problem; it's very disturbing," Betty Duffield said
Researchers agree. They say the drop in the otter population is much more serious and much more significant than the problems seen this year with other marine mammals like sea lions.
Otters are often referred to as the cannery in the coal mine because they are an early indicator as to the overall health of the ocean.
Lab tests indicate the otters are dying primary from infectious disease, likely caused by manmade pollutants.
The information regarding Sea Lions washing up on the shores of California
link:
http://www.msnbc.msn.com/id/32244666/ns/local_news-san_luis_obispo_ca/
Record number of Sea Lions Washing up on Central Coast Shores
If you spend any time at the beach, you may have noticed a number of sea lions washing up on Central Coast shores.
Experts at the Marine Mammal Center in Morro Bay say they are seeing an unusual number of strandings this year.
Rehab centers for marine mammals are taking in almost three times the number of injured, sick and malnourished sea lions that they normally do.
It is estimated that just 20 percent of all newborn sea lions survive.
So far this year, 860 sea lions have been taken in for rehabilitation.
Their overpopulation and scarce food options could be to blame.
I have read how many have been dying and also seen on the highways in California.
Something is happening in the Pacific, including the new land which rose in Alaska last month - which just appeared almost overnight and there is still no explaination for. It was a large amount of land too.
link: http://www.homernews.com/stories/070809/news_1_002.shtml
Like a giant fist punching through the earth, a 1,000-foot long section of the beach below Bluff Point rose up 20 feet from the tidelands sometime last Friday or late Thursday, pushing boulders up from the ocean bottom, cracking sandstone slabs and toppling rocks upside down.
Below Bluff Point, a new fissure opened up at the base of the 800-foot high cliff. The uplift could be a re-activation of a landslide that happened perhaps 12,000 years ago.
"There was just beach before," said Ron Hess, who lives on Bluff Road above the new uplift. "Now there are tidal pools."
"You can see a rock circle," said Marilyn Hess. "All you used to see was one big rock, and now you can see this uplift of rock."
Scientists don't know exactly what caused the uplift. It would take an earthquake over magnitude 7 to cause an uplift that high, said Peter Haeussler, a geologist with the U.S. Geological Survey in Anchorage.
"I have no idea," he said when he first learned of the uplift. "This sounds really, really bizarre."
There are so many different things going on in the Pacific of sea animals dying, land rising, and volcanoes erupting in record numbers this year around the ring of fire.
I wish scientist and geologist would look more closely at everything and start putting the dots together, instead of throwing out a reason immediately. There is more going on which needs to be looked at and watch what Earth events happen after beachings etc. If others can watch and start putting events together and see there is more of a reason of the sea animals committing suicide than just hunger or the other reasons they come up with.
It makes sense to me, that animals living in the ocean are affected by Earth movements under the ocean which can cause them harm or distress from the noise happening with the Earth and the sound traveling through the water.
Personally, I will be watching the undersea volcanoes (like Tonga) and for large Earthquakes in the very near future for possible links to the various animals beaching and dying along the coast today and the last few days.
The above sea animal deaths along the West Coast of the U.S and Canada - could be precursors to some large Earth events.
I will be keeping an eye on the U.S.G.S Earthquake map, to watch and see if something happens Earth wise, causing the animals to commit suicide.
I feel it is strange for all of these animal deaths happening close in time - without some kind of link connecting them, besides global warming and hunger.
A site of all FREE Downloads of Survival Books and Information on Everything Imaginable!
This site, has links to FREE downloads of every kind of survival book/information possible.
The site might seem a little extreme in other ways, but the information and downloads are Fabulous! Learn about how to do things and survive in any situation.
http://snardfarker.ning.com/profiles/blogs/survival-books-free-downloads
Great Information - for anyone who is interested in survival type situations, no matter what they are.
It is mind boggling the amount of information available for free downloads, you would need a Huge hard drive if you actually downloaded them all.
The site might seem a little extreme in other ways, but the information and downloads are Fabulous! Learn about how to do things and survive in any situation.
http://snardfarker.ning.com/profiles/blogs/survival-books-free-downloads
Great Information - for anyone who is interested in survival type situations, no matter what they are.
It is mind boggling the amount of information available for free downloads, you would need a Huge hard drive if you actually downloaded them all.
Wednesday, August 5, 2009
Change coming To Silver - Manipulation to Ease? Also Demand is Huge - compared to Supply!
I am a big believer in Silver - Also you will see in various postings of mine earlier - I have discussed all the ongoing manipulation of metals - along with charts.
Before I get to the article - I also want to say, if you are familiar with the webbot - then you know they are pretty much on target with what will be happening. Something keeps coming up in the language at various times. What might that be?
Silver!!
Silver keeps being mentioned in the Alta Reports - one says next year Silver will be from $600 to $800 per ounce!! Imagine That!! Compared to under $15.00 today per ounce. Recently in the language there was a mention of silver, it was where it would be $24.00 per ounce one day and just days later - it would shoot up to $350.00 per ounce!! NOW Imagine That!!
Is the above information guaranteed? NO - Do not take that information as gospel - I am simply relaying what it says happens. Of course I can HOPE!!
So, knowing this language has been out there about Silver - I like to see what news is around regarding it.
I found a wonderful article today - from someone I follow and is truly a Silver Expert.
Ted Butler - he has a newsletter called "Silver Seek".
He had some great information today, which is encouraging to me, that the Webbot Alta language may just be on to something.
link to article: http://news.silverseek.com/TedButler/1249414304.php
"For instance, despite a sharp $3.50 decline from the $16 level in early June, no metal was liquidated in the combined holdings of the silver EFTs. This was very much at odds with the normal pattern of some liquidation in past price declines. Instead, combined silver holdings rose to new records. Plus, a number of new investment vehicles buying physical silver were introduced during this period. By my count, as many as 15 million ounces of silver may have been accumulated by existing and new ETF vehicles in the past month, adding to the hundreds of millions of ounces accumulated and taken off the market over the past few years. This contrasted with a notable liquidation in gold ETF holdings, even though the gold price declined in much smaller percentage terms over the same time period."
Above you can read, silver holdings have increased more than gold.
Oh, by the way, in case you did not know - there is actually less Silver in the World than there is Gold!! Also Silver is used for many more applications than gold is. Silver is an industrial metal besides an investment metal.
"In addition, Silver Eagle sales from the US Mint have accelerated over the past two months, with July recording the second largest monthly sales of the year. Gold Eagle sales, while still very strong for the year, recorded the second lowest monthly sales for the year in July. The Mint is on a pace that could result in more than 28 million ounces of Silver Eagles being produced and sold this year, the most in history and roughly three times larger than the average for the past decade. To put this number in perspective, the 28 million ounces potentially consumed in new Silver Eagles would represent more than 75% of all the silver mined annually in the US, the world’s eighth largest producer. This takes silver off the market and tightens physical supply. For comparison purposes, Gold Eagle sales, on the current pace, will consume 15% of gold mine production in the US, the world’s fourth largest producer."
As you can read - almost all the silver produced is consumed, compared to Gold - only 15% is consumed.
"Now there are promising signs of change, the most important being the appointment of a dynamic new chairman at the CFTC, Gary Gensler. He brings to the Commission something rarely observed in the history of the CFTC, market experience and a sense of purpose. As I indicate in this new interview with King World News, Click Here
I think Gensler is already the best chairman in CFTC history, even though he has been on the job for little more than 2 months. I think he represents the best chance ever that the CFTC will terminate the decades-long silver manipulation. Someday, I may have to eat my words, but that day is not today. Let me explain why."
Since there is a new Chairman, Ted Butler feels there is a good chance the manipulation will end. He has a very good, but somewhat complicated explanation at the link. The explanation is detailed, so I would advice going to the link to read it completely.
The long and short of it is, hopefully with the new chairman - the obvious manipulation which has been ignored for decades will now come to an end. The manipulation is at that point where only fools involved with the manipulation can deny it. The data has gotten overwhelming and obvious. I am reinserting graphs here, that I have in a post farther down on the page.
Before I get to the article - I also want to say, if you are familiar with the webbot - then you know they are pretty much on target with what will be happening. Something keeps coming up in the language at various times. What might that be?
Silver!!
Silver keeps being mentioned in the Alta Reports - one says next year Silver will be from $600 to $800 per ounce!! Imagine That!! Compared to under $15.00 today per ounce. Recently in the language there was a mention of silver, it was where it would be $24.00 per ounce one day and just days later - it would shoot up to $350.00 per ounce!! NOW Imagine That!!
Is the above information guaranteed? NO - Do not take that information as gospel - I am simply relaying what it says happens. Of course I can HOPE!!
So, knowing this language has been out there about Silver - I like to see what news is around regarding it.
I found a wonderful article today - from someone I follow and is truly a Silver Expert.
Ted Butler - he has a newsletter called "Silver Seek".
He had some great information today, which is encouraging to me, that the Webbot Alta language may just be on to something.
link to article: http://news.silverseek.com/TedButler/1249414304.php
"For instance, despite a sharp $3.50 decline from the $16 level in early June, no metal was liquidated in the combined holdings of the silver EFTs. This was very much at odds with the normal pattern of some liquidation in past price declines. Instead, combined silver holdings rose to new records. Plus, a number of new investment vehicles buying physical silver were introduced during this period. By my count, as many as 15 million ounces of silver may have been accumulated by existing and new ETF vehicles in the past month, adding to the hundreds of millions of ounces accumulated and taken off the market over the past few years. This contrasted with a notable liquidation in gold ETF holdings, even though the gold price declined in much smaller percentage terms over the same time period."
Above you can read, silver holdings have increased more than gold.
Oh, by the way, in case you did not know - there is actually less Silver in the World than there is Gold!! Also Silver is used for many more applications than gold is. Silver is an industrial metal besides an investment metal.
"In addition, Silver Eagle sales from the US Mint have accelerated over the past two months, with July recording the second largest monthly sales of the year. Gold Eagle sales, while still very strong for the year, recorded the second lowest monthly sales for the year in July. The Mint is on a pace that could result in more than 28 million ounces of Silver Eagles being produced and sold this year, the most in history and roughly three times larger than the average for the past decade. To put this number in perspective, the 28 million ounces potentially consumed in new Silver Eagles would represent more than 75% of all the silver mined annually in the US, the world’s eighth largest producer. This takes silver off the market and tightens physical supply. For comparison purposes, Gold Eagle sales, on the current pace, will consume 15% of gold mine production in the US, the world’s fourth largest producer."
As you can read - almost all the silver produced is consumed, compared to Gold - only 15% is consumed.
"Now there are promising signs of change, the most important being the appointment of a dynamic new chairman at the CFTC, Gary Gensler. He brings to the Commission something rarely observed in the history of the CFTC, market experience and a sense of purpose. As I indicate in this new interview with King World News, Click Here
I think Gensler is already the best chairman in CFTC history, even though he has been on the job for little more than 2 months. I think he represents the best chance ever that the CFTC will terminate the decades-long silver manipulation. Someday, I may have to eat my words, but that day is not today. Let me explain why."
Since there is a new Chairman, Ted Butler feels there is a good chance the manipulation will end. He has a very good, but somewhat complicated explanation at the link. The explanation is detailed, so I would advice going to the link to read it completely.
The long and short of it is, hopefully with the new chairman - the obvious manipulation which has been ignored for decades will now come to an end. The manipulation is at that point where only fools involved with the manipulation can deny it. The data has gotten overwhelming and obvious. I am reinserting graphs here, that I have in a post farther down on the page.
With the new chairman and knowing almost all the silver is being taken that is produced in the U.S. - then it does not seem unfeasible for Silver to shoot to the moon.
We can only Hope and Watch the market.
Have you positioned yourself for the manipulation of the metals market to possibly and finally come to an end?
Monday, August 3, 2009
ABC News did an article about Vitamin D - says can save lives
ABC News did an article about Vitamin D and how it can save lives. They did not do it in respect to the Swine Flu - but about it in general.
link: http://www.abcnews.go.com/GMA/OnCall/story?id=8234947&page=1
From Article:
In my opinion, it is highly important to start taking Vitamin D and C now for the coming flu season, so your body has built up it defense systems against the flu.
link: http://www.abcnews.go.com/GMA/OnCall/story?id=8234947&page=1
From Article:
Five Ways Vitamin D Can Save Your Life
Promotes Weight Loss
You need vitamin D to effectively lose weight. Your insulin works better, and vitamin D helps you lose belly fat. Diabetes is also related to low vitamin D levels.
Reduces Risk of Death
Your overall mortality is reduced.
Fewer Bone Fractures
Without vitamin D, calcium can't be absorbed. But if you get enough vitamin D, it can help you avoid osteoporosis, bone fractures and falling, which is a cause of morbidity among the elderly.
Reduces Risk of Heart Disease
Vitamin D improves blood flow by relaxing the blood vessels and lowering blood pressure.
Helps Fight Cancer
Vitamin D improves the functioning of your immune system, and that helps fight cancer.
Five Ways to Get Vitamin D
15 Minutes of Sun 3 Times Per Week
You can get 10-15 minutes of high-noon sun exposure in warmer climates a few times a week. In the South you can do this all year long; but in the North it will work only in the summer months. But this is unrealistic for those who already wear sunscreen all day, or have been warned to stay out of the sun by their doctors.
Fatty Fish and Cod Liver Oil
If you are one of those people who have been warned to stay out of the sun, another good natural source of vitamin D is fatty fish
In food, vitamin D is naturally found in fatty fish like salmon and in cod liver oil.
Fortified Dairy Products
You also can get vitamin D in fortified dairy products. But you need to be careful. There are only 100 units of vitamin D per cup, so kids and most adults would need at least four cups of dairy products per day.
You could drink four glasses of milk a day, but most people choose not to.
Multivitamin Supplements
Most multivitamins have a substantial amount of vitamin D.
Vitamin D Supplements
I recommend 1000 to 2000 international units of vitamin D supplements every day. It's cheap, there are no side effects or down sides. Although D3 is considered more potent and longer lasting, both D2 and D3 are acceptable.
In my opinion, it is highly important to start taking Vitamin D and C now for the coming flu season, so your body has built up it defense systems against the flu.
Saturday, August 1, 2009
UPDATE - to the Bond Market Auction Post on July 30th - Not Passing Smell Test
This is an UPDATE to my post below about the T-Bill Auction 7 year sale not passing the Smell Test to Me.
Looks like I may have been correct. A new article is out today in the Wall Street Journal about the t-bill/bond U.S. debt auction this last week.
http://www.gata.org/node/7644 - Please read this article - It is an article today, from the Wall Street Journal - about this last week's T-bill/bond/U.S. debt Fed. auction.
Seems that the T-bill auctions 2 and 5 year were a FAILURE on Tues and Weds - but miraculously the 7 year auction on Thursday was WONDERFUL.
I thought B.S.!!! If people didn't buy the shorter term auctions/U.S. debt - why in the world would they buy the 7 year?
I figured the U.S. govt. funneled money through other sources and purchased their own debt, so the U.S. still looks like everything is still going strong, and people still have confidence in the U.S. dollar! Looks Like I may have been correct - even the Wall Street Journal is questioning WHO the buyers were for the 7 year bond. They also say the govt. does not have to release that info.
It says China - MISSED the auctions!!!
What does that tell you?
China has been purchasing our debt - no matter what!! But now they are not!?
People have known, when China Stops purchasing the U.S. debt - it will be game over pretty soon afterwards, though covering up the facts will continue for a little while - by the govt., until it can't be covered up anymore.
I can tell you it means, the U.S. is printing money like mad to purchase it's own debt, and other countries have dropped us and do not have confidence in the U.S. or the dollar, NOW!!
This has been the moment that many people have been preparing for. Please do not be fooled by the run up in the market - in fact expect more - BUT look at all the financial advisors, CEO's and all those others in the know - behind the scenes they have been getting RID of their stocks - quietly but surely!
link to article about MASSIVE Insider Sell Offs
http://finance.yahoo.com/tech-ticker/article/266040/%22Massive-Insider-Selling%22-Pure-Supply-and-Demand-Makes-a-Bears'-Case?tickers=%5EDJI,%5EGSPC,AMZN,BBBY,DHR,GILD,YUM
Please think about it, if insiders are selling - doesn't that tell you something? Doesn't that mean that the MSM has been saying the "Recession is Over" - what they are not telling you - Yes that part might be over - but the next part is the Depression. Look carefully at Everything - you have in the market, can you afford to lose it all, possibly? Many analyst are saying yes - a little more run up is going to happen - BUT by the end of August - their expectations is a HUGE downturn in the market.
Look at what companies you have in stocks, what is their leverage - against their price? Don't be fooled by what an investment banker tells you - RESEARCH YOURSELF!!
Honestly - this is important - it looks like we are now reaching that turning point, many - including me has been expecting - when NO ONE else buys our debt anymore. The U.S. has TOO much of it - that can NOT be paid back! The only way to pay it back is through Hyperinflation - which is going to happen anyway - due to the unbelievable amount of new dollars printed - in the Trillions since last Sept.
Something I have said, over and over - right now the preservation of your wealth/money is going to be in commodities - and guess which one will do the most for you? Yep - metals! Also do NOT buy into the EFTs - they are falling, some info is coming out that the "paper" gold purchase - doesn't have the physical to back it up. So, that means you may think you are buying gold through the paper market - but it is oversold- and doesn't have the actual gold to back it up. OH - Silver is the Best in my opinion, anyway.
Also - yes - still all that manipulation going on - in the metals area.
Oh, when the MSM - broadcast "how well the T-bill auction went" - you will know better now! Look and question everything - they are saying - does it make sense - is everything really rosy?
Looks like I may have been correct. A new article is out today in the Wall Street Journal about the t-bill/bond U.S. debt auction this last week.
http://www.gata.org/node/7644 - Please read this article - It is an article today, from the Wall Street Journal - about this last week's T-bill/bond/U.S. debt Fed. auction.
Seems that the T-bill auctions 2 and 5 year were a FAILURE on Tues and Weds - but miraculously the 7 year auction on Thursday was WONDERFUL.
I thought B.S.!!! If people didn't buy the shorter term auctions/U.S. debt - why in the world would they buy the 7 year?
I figured the U.S. govt. funneled money through other sources and purchased their own debt, so the U.S. still looks like everything is still going strong, and people still have confidence in the U.S. dollar! Looks Like I may have been correct - even the Wall Street Journal is questioning WHO the buyers were for the 7 year bond. They also say the govt. does not have to release that info.
It says China - MISSED the auctions!!!
What does that tell you?
China has been purchasing our debt - no matter what!! But now they are not!?
People have known, when China Stops purchasing the U.S. debt - it will be game over pretty soon afterwards, though covering up the facts will continue for a little while - by the govt., until it can't be covered up anymore.
I can tell you it means, the U.S. is printing money like mad to purchase it's own debt, and other countries have dropped us and do not have confidence in the U.S. or the dollar, NOW!!
This has been the moment that many people have been preparing for. Please do not be fooled by the run up in the market - in fact expect more - BUT look at all the financial advisors, CEO's and all those others in the know - behind the scenes they have been getting RID of their stocks - quietly but surely!
link to article about MASSIVE Insider Sell Offs
http://finance.yahoo.com/tech-ticker/article/266040/%22Massive-Insider-Selling%22-Pure-Supply-and-Demand-Makes-a-Bears'-Case?tickers=%5EDJI,%5EGSPC,AMZN,BBBY,DHR,GILD,YUM
Please think about it, if insiders are selling - doesn't that tell you something? Doesn't that mean that the MSM has been saying the "Recession is Over" - what they are not telling you - Yes that part might be over - but the next part is the Depression. Look carefully at Everything - you have in the market, can you afford to lose it all, possibly? Many analyst are saying yes - a little more run up is going to happen - BUT by the end of August - their expectations is a HUGE downturn in the market.
Look at what companies you have in stocks, what is their leverage - against their price? Don't be fooled by what an investment banker tells you - RESEARCH YOURSELF!!
Honestly - this is important - it looks like we are now reaching that turning point, many - including me has been expecting - when NO ONE else buys our debt anymore. The U.S. has TOO much of it - that can NOT be paid back! The only way to pay it back is through Hyperinflation - which is going to happen anyway - due to the unbelievable amount of new dollars printed - in the Trillions since last Sept.
Something I have said, over and over - right now the preservation of your wealth/money is going to be in commodities - and guess which one will do the most for you? Yep - metals! Also do NOT buy into the EFTs - they are falling, some info is coming out that the "paper" gold purchase - doesn't have the physical to back it up. So, that means you may think you are buying gold through the paper market - but it is oversold- and doesn't have the actual gold to back it up. OH - Silver is the Best in my opinion, anyway.
Also - yes - still all that manipulation going on - in the metals area.
Oh, when the MSM - broadcast "how well the T-bill auction went" - you will know better now! Look and question everything - they are saying - does it make sense - is everything really rosy?
Friday, July 31, 2009
You Need Vitamin C and D for coming Flu Season!
There is all kinds of information out about the coming Swine Flu Vaccine, that I have not even started blogging about. But I will tell you flatly - the vaccine is nothing I will take myself, nor any of my family, if I can help it.
What will be important is getting Vitamin C and Vitamin D!!
Those two things can keep you healthy and possibly keep the swine flu away! I have read over and over about the two vitamins being essential to not getting the flu. I just purchased a large supply myself, through Puritan Pride. They have the best prices and I just received about 20 various bottles of vitamins for a shipping cost of only $4.95. They are literally the best price for vitamins any where!! Right now they have a special of buy 1 get 2 free sale going on. I am including a link here, so you can check them out and check out their prices. They also have Acai pills - which is a big deal now in keeping people healthy. I just got some for the first time.
One other thing I found out, Basil is a Great Herb with wonderful Holistic health values - Including keeping you free from Influenza and it is a natural pain reliever and good sleep aid, besides other great health benefits. I eat Fresh Basil leaves right off my plants, I am going to try and keep them alive during the winter inside the house.
Also have you gotten your mask and other emergency supplies. There is a great site, which has everything possibly needed for almost every kind of emergency situation, including Swine Flu mask. You can find emergency radios, mask, food, water purification, etc. Essentially it is a one stop shop for preparing for any event.
To me it makes sense to be prepared for anything, from earthquakes, pandemic's, or any disasters. Disasters do happen, though we may not think it will happen to us, it does.
The Nitro Pak company link is here - But do NOT click on it - I dug around and got a special link so people can get free shipping when they click through those words!
Free Shipping
So, Again - to get free shipping, click on FREE Shipping Link - and it will take you to the website - less shipping charges.
What will be important is getting Vitamin C and Vitamin D!!
Those two things can keep you healthy and possibly keep the swine flu away! I have read over and over about the two vitamins being essential to not getting the flu. I just purchased a large supply myself, through Puritan Pride. They have the best prices and I just received about 20 various bottles of vitamins for a shipping cost of only $4.95. They are literally the best price for vitamins any where!! Right now they have a special of buy 1 get 2 free sale going on. I am including a link here, so you can check them out and check out their prices. They also have Acai pills - which is a big deal now in keeping people healthy. I just got some for the first time.
One other thing I found out, Basil is a Great Herb with wonderful Holistic health values - Including keeping you free from Influenza and it is a natural pain reliever and good sleep aid, besides other great health benefits. I eat Fresh Basil leaves right off my plants, I am going to try and keep them alive during the winter inside the house.
Also have you gotten your mask and other emergency supplies. There is a great site, which has everything possibly needed for almost every kind of emergency situation, including Swine Flu mask. You can find emergency radios, mask, food, water purification, etc. Essentially it is a one stop shop for preparing for any event.
To me it makes sense to be prepared for anything, from earthquakes, pandemic's, or any disasters. Disasters do happen, though we may not think it will happen to us, it does.
The Nitro Pak company link is here - But do NOT click on it - I dug around and got a special link so people can get free shipping when they click through those words!
Free Shipping
So, Again - to get free shipping, click on FREE Shipping Link - and it will take you to the website - less shipping charges.
U.S. 5 Year T-Bill Auction Failed 7/29 - but Strong 7 year Auction 7/30 - does not pass smell test to me
How does it make sense that the 5 year U.S. Bonds/T-Bills Fed Auction, was a miserable failure on Wednesday - YET on Thursday longer 7 Year U.S. Bonds Fed Auction was a Strong auction?
Lets look at that more closely......
First here is a link to the 5 year Auction Failure
article:
http://market-ticker.denninger.net/archives/1267-US-5yr-Bond-Auction-Effectively-FAILS.html
From article:
And here's the math:
1.923 BTC X 61.59% Primary Dealer bid = 1.18 BTC (PD), greater than 1.0. Or to put it a different way, but for the primary dealers the bid-to-cover was less than one, meaning that some of the issue would have been left on the table.
Thats a fail; but for the primary dealers the issue would not have subscribed.
Primary dealers are required to bid. That's the deal in exchange for their being named as "primary dealers." For this reason short of thermonuclear war you will never see an actual (BTC <>
Therefore, the question is this: Less the primary dealer "bid" (forced by agreement) was there sufficient interest to subscribe the issue, and the answer is NO.
Those who think this is "no big deal" need to have their head examined. In general any BTC under 2.0 indicates a serious problem, and the perverse nature of the primary dealer system is the reason.
The United States' Credit Card (issued by China and Japan) is being slowly cut off. That the stock market "recovered" after this ridiculously bad auction (bow-wow is the best way to describe it) speaks to the vacuum between the ears of both the cheerleaders in the mainstream media and those in the equity markets.
There is only one other time in recent memory that we've had a bond market auction fail like this. You might want to go have a look at your charts - with dates - for what followed shortly thereafter.
They're going to try to sell 7yrs tomorrow, and then the real fun begins with the quarterly refunding.
That ought to be a real riot.
So, now lets look at the article from yesterday's T-bill Auction:
link: http://www.forbes.com/feeds/afx/2009/07/30/afx6721827.html
Of course this information is coming from a controlled PTB news site
Information from article:
NEW YORK, July 30 (Reuters) - The U.S. Treasury sold $28 billion in seven-year debt on Thursday in an auction that attracted surprisingly strong demand, assuaging some fears over the cost of financing the massive U.S. budget deficit.
The seven-year sale is the final part of this week's record $115 billion in coupon securities being auctioned and sets the stage for next week's announcement by Treasury of its quarterly debt refunding.
Though the stellar seven-year auction creates a positive tone ahead of the refunding, anxieties created by unimpressive two- and five-year auctions this week will linger as long as the market sees a growing load of debt headed its way.
'This is going to be a week-to-week drill from now on until we get some auctions that just downright fail,' said Kim Rupert, managing director of global fixed income analysis at Action Economics LLC in San Francisco.
'Not fail in the sense that the Treasury fails to sell everything but just that instead of one poor auction, they'll all be poor and we'll just see rates having to sky higher to get some interest.'
The Treasury is expected to announce the refunding of its maturing three-year, 10-year and 30-year debt on August 5, with new overall borrowing estimates for the third and fourth quarters on August 3.
Quarterly refundings are generally an opportunity for Treasury to set out future borrowing plans after input from dealers.
The process is meant to allow markets to prepare for offerings, see the government's needs and get signals about any maturity changes or other considerations.
NO TAIL TO TELL
At Thursday's auction, seven-year demand overall was above average, measured by the bid-to-cover ratio of 2.63. A gauge of foreign and institutional investor interest, the indirect bidder category, was stellar at more than 62 percent.
In another sign of strength in the auction, yields were below expectations, gauged by trading in the when-issued market.
In contrast, two- and five-year auction yields came in above market expectations, which is known as a 'tail.'
'It came out pretty good,' said Rudy Narvas, senior analyst at 4Cast Ltd in New York. 'The key thing here is that indirect bidders showed up for this auction after scaling back allocations in the two and five-year auctions.'
'Overall it was a pretty good operation. There seems to be a lot of appetite, given where yields are, for notes in the belly.'
The two-year sale was lackluster and the five-year auction went downright poorly before the seven-year marked a recovery.
Okay, now lets look at this a little closer.
If people/countries did not rush to purchase 2 year and 5 year bonds - BUT they were happy to purchase a 7 year bond?
Considering the shorter bonds/debt has been selling more than the longer debt - how is it a longer one sold better than a shorter one. Was it possibly because the Shorter bonds were up for auction BEFORE the longer one? Thus the Fed made sure to have companies/banks in line to purchase the 7 year yesterday - so it looked strong?
The fact the Fed has admitted they have purchased the U.S bonds themselves, it seems to me they may have just used other companies to do that once more.
The fact that the 7 year bond auction was strong, over the 2 and 5 year - does not pass the smell test to me.
What I would like to see is the list of WHO purchased the bonds - was in U.S. entities (Goldman Sachs, J.P Morgan etc) or was it countries?
Look a little closer - you will find China has been using their dollar reserves to buy energy and commodity companies throughout the world.
Wednesday, July 15, 2009
Huge 7.8 quake off New Zealand - Tsunami Warning - 2nd to last post - webcams in Pacific for such events
Scrolling down you will find webcams throughout the Pacific just for such events has this huge New Zealand Earthquake. I compiled webcams to watch for tsunamis around the Pacific and Atlantic, to watch for Tsunamis.
Info on New Zealand quake
http://earthquake.usgs.gov/eqcenter/recenteqsww/Quakes/us2009jcap.php
It is the 2nd to last post on this blog.
Info on New Zealand quake
http://earthquake.usgs.gov/eqcenter/recenteqsww/Quakes/us2009jcap.php
It is the 2nd to last post on this blog.
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