mSparks

Glad its not just me getting hit by the double post thing....

(((Trump))) is an ______

Blank =

 

"Gruff person who understands the issues important to real Americans"

"A very outspoken non-politician who challenges PC nonsense"

"An Alpha Male who is challenging the establishment"

"Someone brave enough to take on the Globalist elites"

 

???

only if you dont consider blacks, hispanics or immigrants (after date xxxx) to be "real americans"

Challenging the establishment:

yes, revoking healthcare for the 99% is going to work out great, and definately not what the "establishment" want.

Brave enough to take on the global elites...

well... theres the biggest problem.

because. imho. that is pure spin.

Probably better described as offer the global elites everything and exactly what they want, no matter how much it upsets everyone.

Do not let your very valid loathing of Hitlary cloud your judgement when assesing the alternative.

Compare what he is saying he will do with what the power players in the US want.

case in point - revoke Obamacare.

The republicans butchered obamacare since they took control 4 years ago. it could of been an awesome project. delivering healthcare to the US population similar to many other modern economies.

But instead of fixing it. He wants to go back to the situation where everything americans pay for their healthcare goes to line the pockets of insurance companies executives, while they offer a service little better than you can get for free in the deepest depths of the African jungle.

http://www.economist.com/news/books-and-arts/21639432-depressing-story-behind-barack-obamas-biggest-achievement-good-bad-and-ugly

Trump is grufff, yes.

But we need someone who is tough enough and courageous enough to take on the evil establishment.

Bernie lacked the toughness. He let Hillary off the hook on her emails. Now Trump is about to reveal Hillary's crimes. We have never seen anything like this before. As Trump said: "Hillary has to go to jail." He is right

 

Q: What crimes?

 

A:

You will find out next week (if you dont know already). Trump will give a major speech on this. Prepared to be shocked by what you will learn. Remember, Trump is a real man - not like Bernie - when challenged, he doubles down, rather than backing off. We need that now

(((Trump))) is an ______

Yeah, filling in that blank probably won't help much. And I'm sure you are perfectly capable of doing that on your own.

Do you play chess?

 

 

Sounds like I should be buying Trump, and shorting Hillary.

Do these guys really pay-out?

4/7 on Clinton is offered by betfred

2/1 on trump is offered by Boyle Sports

Most off is sanders. He's still paying 25/1 so if you are dead certain Hillary won't win it a sanders trump combo is a good win no loss.

mSparks,

 

Do you still think Hillary has a chance to win?

 

Or will you agree with me now that there are too many people who hate her, and she is doomed?

She's still odds on at 4/7 to trumps 2/1.

I know that you cannot live on hope alone, but without it, life is not worth living.

transcripts from the millions of dollars worth of paid speeches she gave to big banks all over the country.

Is that better or worse than sharing and discussing top secret intelligence with a vp of Goldman?

It was pretty quiet.

I wished them well, except when they made some unfair attacks on this site

Here was all about gold and hardcore preppers. There was just about watching the credit implosion and its effects on the housing market.

Had a fair few attacks there to. I even started documenting (and cross posting) when they happened (a good thing now cc has gone).

http://www.theborgmatrix.com/phpBB3/viewtopic.php?t=1562

What makes you think they came from cc?

It would appear creditcrunch.co.uk is rip

Effect of low oil price on BP:

http://www.bbc.co.uk/news/business-35469380

 

"Underlying fourth-quarter profits fell to $196m, compared with $2.2bn for the same period in the previous year."

 

"In the final three months of 2014, the cost of a barrel of Brent crude was $77. In the final three months of 2015, it was $44."

 

 

****

 

So with oil currently in the low-30s, you have to think that this operation is losing money, and if that is true for BP it is true for everyone.

Clearly unsustainably low prices, and supply side changes are happening.

Erm..

http://www.bbc.com/news/business-35469380

http://www.reuters.com/article/us-bp-results-idUSKCN0VB0JB

 

And in RNS....

 

And FT

http://www.ft.com/fastft/2016/02/02/bp-suffers-2-2bn-fourth-quarter-loss/

 

And finally the regulatory filing

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BP.&ArticleCode=8ckhcpv9&ArticleHeadline=4Q15_Part_1_of_1

 

 

Reuters for the win.

It was a $6.5Billion loss

funnily enough the Beeb story has now been edited to say both their profit halved and they made the biggest loss in two decades.

->

The oil giant said its profits had fallen by 51% to $5.9bn (£4.1bn), compared with $12.1bn in 2014 following a dramatic slide in oil prices.

BP was the biggest faller on the FTSE 100, falling 35.9p to 331p after announcing its biggest loss for more than two decades.

ROFL, fuxing retards

Answer this, Skeptics! What have we got here??

 

Rover Finds Mysterious Dome on Mars

POSTED ON NOVEMBER 25, 2015 IN ODDITIES | 1884 VIEWS | LEAVE A RESPONSE

 

Holy Buckminster Fuller! Is that a dome on the surface of Mars? A photograph taken by the Opportunity Rover shows what appears to be a dome or dome-topped structure on the Martian surface. Is it real? What is it made of? Does this mean Martians have a football team?

The pictures were taken on Sol 4073 (Martian Day 4073 or 2015-07-10 UTC on Earth) by the Opportunity rovers panoramic camera (Pancam). The structure is easy to spot as it sits forward on a hill and is the largest raised formation in the area. Its isolation and surface which appears to be different than the surrounding rocks and soil makes it look like it doesnt belong in the natural layout of the area. If its not natural, what is it?

> http://artbell.com/rover-finds-mysterious-dome-on-mars/

cool.

here's the picture on nasa

http://mars.nasa.gov/mer/gallery/all/1/p/4073/1P489773398EFFCNK6P2413R1M1.JPG

Sorry, no Alien life to report.

But just back from watching "The Martian" in the cinema

http://www.jpl.nasa.gov/news/news.php?feature=4731

And have to recommend it. Very pleasant movie.

Thanks to Ben S.

 

This is very interesting and could be highly significant - see also the comments below.

> http://gizadeathstar.com/2015/10/rossis-cold-fusion-patent-granted-us-patent-no-9115913/

 

ROSSI’S COLD FUSION PATENT GRANTED: US ...

Posted on October 10, 2015 by Joseph P. Farrell • 14 Comments

There has been another little "drip" of information concerning alternative energy sources, in this case, cold fusion, with the grant of a patent to Italian cold fusion researcher Dr. Andrea Rossi, whose story we have intermittently followed on this website.This story, shared by Mr. K.H., is worth studying carefully for any number of reasons, but primarily we're interested in two main approaches: (1) the general principles of patent law in the western tradition of jurisprudence, and (2) the actual claims of Rossi's patent itself. On both counts, the story is significant; here's the article:

Analysis of Rossi US Patent 9,115,913 issued 25Aug15 Part 1

 

You'll note first of all that some of Rossi's patents have been non-published for various reasons, some having to do with legal and treaty provisions of the status of patent filings in several countries simultaneously. Additionally, you'll note that under U.S. patent law, there is no necessity nor need - thank goodness - to provide a comprehensive theory as to what a certain device works.

http://ecat.com/news/e-cat-patent-granted-by-uspto

lol

I saw the new post here and thought "hmm, been a while since I've looked at the ecat", found the patent (from August....) and came back to post it.

Should of guessed that was the new post, I'd of saved myself half an hour.

Bacteria Make Diesel Molecules

By engineering the genome of E. coli with genes from several sources, scientists have coaxed the microbe to produce diesel-replica hydrocarbons.

By Dan Cossins | April 24, 2013

http://www.the-scientist.com/?articles.view/articleNo/35293/title/Bacteria-Make-Diesel-Molecules/

as long as the Chinese government is putting its tax income into the stock market rather than gold. gold is going nowhere.

Bond yields are pushing all time lows.

well, not all bonds...

Greece Ten Year Government Bond Spread- 10.44%

"No exceptions?"

What is the UK? How long has Sterling been around?

That's long enough for most of us, isn't it?

Historically we've just bumped off our creditors.

Not sure that's on option this time round, but they'll probably try.

And just in case you only have access to corporate media.

http://en.wikipedia.org/wiki/Tea_Party_protests

(although I disagree whole heartedly with the US health insurance support)

Not sure what you are trying to say.

 

The Fed is accounting for mortgage-backed securities that they bought at face value (see: http://www.federalreserve.gov/releases/h41/Current/

point 1. and notes 2. and 4.).

 

This means that the Fed assumes that there will be no default, not even of any interest payments. ("Current face value of the securities, which is the remaining principal balance of the underlying mortgages.")

 

This is clearly a grossly optimistic pricing fantasy that is going on here, because the market did not want any of these mortgages anymore (i.e. value was small, without the Fed it would possibly have been zero).

 

Hence, this is the equivalent to pay for used toilet paper in equal amounts of, say, twenty pound bills, where the important part is that the twenty pound bills simply get printed to do so.

 

OK, now your telling me that this is not inflationary.

Its Anti deflationary

As oppossed to "inflationary"

http://www.ny.frb.org/markets/mbs_faq.html

These securities were trading in the open market (where the fed bought them) at double digit percentage rates of interest (excluding defaults), The premise is high interest rates are deflationary.

_____

As a caveat, there is a "not disproven" theory that medium to long term high interest rates are inflationary, and low interest rates are deflationary, I plan to "prove" it either way if we enter deflation proper (which if its going to occur will start around the beginning of 011)

using what I refer to as the "money in the pot" model part of http://www.theborgmatrix.com/ltk/index2.php/milliEcon-v2/29.

_______

Also, beware of the use of "Guaranteed" and "as security" - these aren't purchases but collateral which is something different.

Yes it is. The central banks are purposefully overpaying for these mortgages.

 

If a mortgage is worth zero since no one in the freee market is willing to buy it, but the Fed buys it "at face value" with freshly printed money, then this is inflation at its best - in money supply terms, since money got created, but also in terms of paying outrageously high prices.

If a mortgage backed security was supposed to pay 6%

But is only paying 5%

for a 25 year maturity instrument they still have a saleable value significantly above (the £138 in the treasury case) the "face value" (the £100 in a treasury case) in a 0.5% interest rate environment, this has sweet f' all to do with "overpaying", its just basic finance.

The point is, even with record low interest rates, lenders are still struggling to find people who will borrow off them.

£220Bln is barely enough to cover the money that used to be created by RBS all on its own, must be even worse in the US with the actual loss of Lehman.

So if the BoE creates £220Bln

and RBS stops creating £400Bln

There is still less money than there was before.

Of course it's cash. It is given to banks by means of them selling MBSs at outrageously over-inflated prices to the corresponding central banks.

Thats not true though is it?

Is it not just that they are sold to the central bank at 0.5% yield?

Kind of like a normal investor buying an 8.75% Treasury bond with a face value of £100 maturing in 2017, for £138 ("over inflated" by 38%) in a 0.5% interest rate environment.

OK, so you just want to view or "declare" all outright money creation illegal it seems. Because one thing is for sure: all that was done in Weimar, the US, the UK, and in Zimbabwe was "legal".

ripping off the poor and disadvantaged for profit has always been "legal" in capitalist society, except for a few exceptions where TPTB don't get enough of a cut to risk the backlash.

Doesn't mean its legitimate.

I have no idea what you try to say here. We're not talking forging, we talk cold hard cash, be it printed or not (which makes no difference at all as long as transactions are not illegal).

non "forged" money does not cause any kind of inflation, it is destroyed once it is used - i.e. runs through the legitimate taxation cycle.

For inflation

Either its literally forged - as in not created by those responsible for its legitimate uses.

Or its objectively forged - as in created for illegitimate purposes by those responsible for its uses (the common explanation for Weinmar - "pretending" to pay off debt).

Not necessarily. All crises turn out (slightly) differently.

Albert Einstein

Insanity: doing the same thing over and over again and expecting different results.

This myth has been busted many times before. That Bernanke does not have to "literally print" is due to electronic cash, but the money is just created in the same way (buying treasuries). Why do you repeat this misleading (IMO outright WRONG) thought over and over again?

But with printed paper, you can walk into a factory and buy all their stock for the next 2 months with little to no traceability to your forged notes.

Digital digits have a heritage you cannot escape from, hard for them to escape into peoples hands when they are just filling a void of defaulted digital digits.

It tells us that each HI is different. As such, it isn't telling much at all. It's just common sense.

Are you referring to some kind of HI not caused by expansion of the monetary base?

??

Have you missed the point? Actually the Manic Swings have everything to do with Printing Money.

 

The great orgy of Stimulus and QE followed the stock crash, and the next stock crash may inspire yet another,

perhaps two years after the first.

 

The point of the Manic Swing idea, is wait. Do not expect hyperinflation yet. The conditions are not right.

Reckless QE and wild new schemes to "get money in people's hands" are required to trigger hyperinflation There is not enough political will for this now. What is required is a deep crash in stock prices, and a new slide in the economy, before you will see that.

 

This concept has kept me cautious towards Gold. Some may be surprised when I turn "wildly bullish" on Gold. But not until the conditions are right. They are not right now IMHO, since I believe we are still in a big Manic Swing to the downside.

Let me put it this way.

US and UK QE only covers some $2Trln of the >$10Trln contraction in Corporate Money. It was opportunistic rather than inflationary saviour printing.

No one wants $'s £'s or €'s for anything other than paying down debt, because you can't buy shit with them and the tax regimes are so godawfull.

I've yet to see one piece of evidence of "inflation", most of the rebounds in prices over the past few months are barely explained by closing out of short positions as interest rates crashed through the floor. Let alone any increase in $/£/€ transactions.

This is all completely separate from "hyperinflation" - which is a rapid expansion of the base currency, usually via projects such as Operation Bernhard, of which all the British ones still seem to be classified, even American ones are barely declassified:

https://www.cia.gov/library/center-for-the-...i3a06p_0001.htm

But at least they point out "The British were by far the best".

Which explains why the imperial empires enemies have such a nasty historical habbit of catching a dose of Hyperinflation.

_____

??

... we can see commodity inflation, and deflation of incomes are not polar opposites - and an investor does not have to choose between one camp or another. Both influences co-exist. In the months to come, we will see both of these trends, sometimes overlapping, and sometimes following each other in alternation. The pressures, and price shocks will continue until the required economic adjustments are made, and the West has learned to cope with higher food and energy prices, and live on its own savings, while manufacturing locally more of the products it needs.

 

The move towards this new alignment is too controversial to be led by our politicians and business leaders, so it will tend to progress through a series of sharp and painful "surprise" adjustments, experienced as "inflationary" commodity price jumps and "deflationary" stock and commodity price crashes. These will be painful to the wealth of the majority who are unprepared for the swings. But for those who understand what is going on, they will look inevitable and predictable. Those who are prepared can protect, and maybe even increase their wealth, as the shocks hit.

 

The drivers of the price swings come from both sides of the globe. We have seen a clear pattern. First, deflationary pressures in the West push asset prices lower. Then, the other two drivers kick in, as a reaction to the falls, and they work to push prices higher.

 

I call them MANIC SWINGS

Sure, but these have nothing to do with "money printing" its just "hot money" chasing one asset yield after another. It always has been thus, only now, as the global economy digitizes, there's more hot money than there was before, and global transactions are escaping the death grips of the old families in the new netocracy.

Much of these problems the westernized economies are facing are not so much a shortage of assets, but rather a shortage of assets denominated in Royal/Federal Currency.