How to Maintain Internet Access Even If Your Government Turns It Off
Currency Crisis! Inflation! Sovereign Defaults! Bahhhh… Who Are ‘Ya Gonna Believe, The Government Or Your Lyin’ Eyes?
Perhaps those 2 days of December 1,800 gold call purchases we discussed yesterday indicated someone (not Doug Kass mind you), knew something...Gold has just surged by $20 in minutes. Unless Blythe can find a way to contain this, this could get very ugly, very fast.
And so the tide rising all commodities keeps coming: rough rice has just passed its December 2009 high and is now at its highest since October 2008. When we predicted on Monday morning that "rice is next", little did we think that it would be up by 11% in 4 days. And with this important resistance level broken, it is smooth sailing to the next two resistance levels of $20 and $24. Of course, Bangladesh will be in flames long before any of those are hit. But a speculator has to eat, right. After all, none of this is Gen Ben's fault.
Posted: Feb 03 2011 By: Jim Sinclair Post Edited: February 3, 2011 at 12:00 pm
Filed under: In The News
Jim Sinclair’s Commentary
This type of event has never brought sustainable democracy anywhere. Remember the Shah?
The Fighting Rages On in Tahrir Square Vivienne Walt / Cairo
As dawn broke on Thursday behind the frontlines in Cairo’s Tahrir Square, the scene was one of disaster and casualty, as bloodied young men lay slumped on the ground after their 15-hour battle with pro-government loyalists, while others crafted new weapons, ready to distribute to the fresh infusion of young men who had arrived to join them.
As I walked behind the barricades separating the anti-government protesters and President Hosni Mubarak’s supporters, it was clear that the fighting was far from over. (Indeed, at this moment, at 2.38 p.m., bursts of heavy automatic gunfire can be heard below my hotel window, outside the Egyptian Museum on the edge of Tahrir Square.) About 10,000 people still occupied the square early on Thursday morning, and by 9 a.m. many more began pouring into the area through the sole chokepoint still open on the square’s perimeter.
The fighting that went on through Wednesday night and into Thursday — which began when thousands of Mubarak supporters converged on the huge crowd occupying Tahrir Square — involved creating makeshift armies overnight, as young men hurriedly organized themselves into battle shifts. Abdallah Khaled, 26, a screenwriter, said about 20,000 men in the square took turns fighting throughout the night, mindful that they could not afford to flag. "We got stones by breaking the ground, [using] rounds of people," he said. "Others took turns carrying the stones. When you became tired from fighting, you had to wait for someone to come relieve you before you could fall back." A fourth group kept watch for snipers, who they said were perched on the highway overpass overlooking the Egyptian Museum.
Doctors in a makeshift trauma center set up in an alleyway on the south-eastern edge of Tahrir Square — about 300 yards from the frontline — told me on Thursday morning that five men had been killed by sniper fire at about 4.30 a.m.; residents in my hotel had been jolted out of bed at that hour by heavy gunfire. "I insist they were professional snipers, because the shooting was in the same place," says Mahmoud Abdelrahmen, 30, an ear, nose and throat surgeon at Cairo University, pointing to his left temple; he had tended to the injured throughout Wednesday night. "It was not by chance, it was by professional snipers," he said, adding that they were likely using pistols.
More…
Jim Sinclair’s Commentary
The slowest guys in the world call for speed. This world is really nuts.
Europe Leaders Call for faster transition in Egypt Thursday, February 3, 2011, 12:05 [IST]
London, Feb.3 (ANI): European leaders have called on the Egyptian leadership to effect a faster transition of power to ensure stability in that country.
British Prime Minister David Cameron on Wednesday issued a veiled warning to Egyptian President Hosni Mubarak to halt the involvement of Egyptian security forces in the turmoil.
After meeting with Ban Ki Moon, the United Nations secretary general, Cameron told reporters outside 10 Downing Street. "We’ve been watching the events in Cairo with grave concern and completely condemn the violence that’s taking place."
"And, if it turns out that the regime in any way has been sponsoring and tolerating this violence, that would be completely and utterly unacceptable. These are despicable scenes that we are seeing, and they should not be repeated," he added.
Britain and the United States have been closely coordinating their pronouncements on the Egyptian upheaval, with frequent telephone calls between Cameron and President Obama and between Britain’s foreign secretary, William Hague, and Secretary of State Hillary Rodham Clinton.
More…
Jim Sinclair’s Commentary
This is not what sustainable democracy is based on.
Secret police blamed as peace protesters are gunned down in the siege of Cairo By Nick Fagge and David Williams
Last updated at 9:49 AM on 3rd February 2011
At least three anti-government protesters in Egypt were shot dead after gunfire rained down on Cairo’s Tahrir Square in violent overnight clashes.
Protest organiser Mustafa el-Naggar said he saw the bodies of three dead protesters being carried towards an ambulance.
More than 1,500 people were injured in the latest violence, which came before dawn, as protesters remained in the street through the night following a day of clashes between supporters of President Hosni Mubarak and dissidents.
Overnight: Pro-government demonstrators, bottom, clashed with anti-government demonstrators as a palm tree burns from a firebomb in Tahrir Square, Cairo
More…
Sorry, we can't take credit for "chairsatan" - that one goes to Bill Gross. What can we say: the many is a genius. Especially when he isn't buying government subsidized BAB bonds. Aside from that, watch the full Bernanke Q&A at the link below.
Currency Crisis! Inflation! Sovereign Defaults! Bahhhh… Who Are ‘Ya Gonna Believe, The Government Or Your Lyin’ Eyes?
Today's Edition Of "Flip That Bond" Closes As Primary Dealers Hand Out Vaseline To Taxpayers
Gold Break Out In Progress
Submitted by Tyler Durden on 02/03/2011 12:08 -0500Perhaps those 2 days of December 1,800 gold call purchases we discussed yesterday indicated someone (not Doug Kass mind you), knew something...Gold has just surged by $20 in minutes. Unless Blythe can find a way to contain this, this could get very ugly, very fast.
Rice Takes Out December 2009 Highs, Next Stop: $20, As China Distributes Fake Plastic Rice
Submitted by Tyler Durden on 02/03/2011 11:52 -0500And so the tide rising all commodities keeps coming: rough rice has just passed its December 2009 high and is now at its highest since October 2008. When we predicted on Monday morning that "rice is next", little did we think that it would be up by 11% in 4 days. And with this important resistance level broken, it is smooth sailing to the next two resistance levels of $20 and $24. Of course, Bangladesh will be in flames long before any of those are hit. But a speculator has to eat, right. After all, none of this is Gen Ben's fault.
Posted: Feb 03 2011 By: Jim Sinclair Post Edited: February 3, 2011 at 12:00 pm
Filed under: In The News
Jim Sinclair’s Commentary
This type of event has never brought sustainable democracy anywhere. Remember the Shah?
The Fighting Rages On in Tahrir Square Vivienne Walt / Cairo
As dawn broke on Thursday behind the frontlines in Cairo’s Tahrir Square, the scene was one of disaster and casualty, as bloodied young men lay slumped on the ground after their 15-hour battle with pro-government loyalists, while others crafted new weapons, ready to distribute to the fresh infusion of young men who had arrived to join them.
As I walked behind the barricades separating the anti-government protesters and President Hosni Mubarak’s supporters, it was clear that the fighting was far from over. (Indeed, at this moment, at 2.38 p.m., bursts of heavy automatic gunfire can be heard below my hotel window, outside the Egyptian Museum on the edge of Tahrir Square.) About 10,000 people still occupied the square early on Thursday morning, and by 9 a.m. many more began pouring into the area through the sole chokepoint still open on the square’s perimeter.
The fighting that went on through Wednesday night and into Thursday — which began when thousands of Mubarak supporters converged on the huge crowd occupying Tahrir Square — involved creating makeshift armies overnight, as young men hurriedly organized themselves into battle shifts. Abdallah Khaled, 26, a screenwriter, said about 20,000 men in the square took turns fighting throughout the night, mindful that they could not afford to flag. "We got stones by breaking the ground, [using] rounds of people," he said. "Others took turns carrying the stones. When you became tired from fighting, you had to wait for someone to come relieve you before you could fall back." A fourth group kept watch for snipers, who they said were perched on the highway overpass overlooking the Egyptian Museum.
Doctors in a makeshift trauma center set up in an alleyway on the south-eastern edge of Tahrir Square — about 300 yards from the frontline — told me on Thursday morning that five men had been killed by sniper fire at about 4.30 a.m.; residents in my hotel had been jolted out of bed at that hour by heavy gunfire. "I insist they were professional snipers, because the shooting was in the same place," says Mahmoud Abdelrahmen, 30, an ear, nose and throat surgeon at Cairo University, pointing to his left temple; he had tended to the injured throughout Wednesday night. "It was not by chance, it was by professional snipers," he said, adding that they were likely using pistols.
More…
Jim Sinclair’s Commentary
The slowest guys in the world call for speed. This world is really nuts.
Europe Leaders Call for faster transition in Egypt Thursday, February 3, 2011, 12:05 [IST]
London, Feb.3 (ANI): European leaders have called on the Egyptian leadership to effect a faster transition of power to ensure stability in that country.
British Prime Minister David Cameron on Wednesday issued a veiled warning to Egyptian President Hosni Mubarak to halt the involvement of Egyptian security forces in the turmoil.
After meeting with Ban Ki Moon, the United Nations secretary general, Cameron told reporters outside 10 Downing Street. "We’ve been watching the events in Cairo with grave concern and completely condemn the violence that’s taking place."
"And, if it turns out that the regime in any way has been sponsoring and tolerating this violence, that would be completely and utterly unacceptable. These are despicable scenes that we are seeing, and they should not be repeated," he added.
Britain and the United States have been closely coordinating their pronouncements on the Egyptian upheaval, with frequent telephone calls between Cameron and President Obama and between Britain’s foreign secretary, William Hague, and Secretary of State Hillary Rodham Clinton.
More…
Jim Sinclair’s Commentary
This is not what sustainable democracy is based on.
Secret police blamed as peace protesters are gunned down in the siege of Cairo By Nick Fagge and David Williams
Last updated at 9:49 AM on 3rd February 2011
At least three anti-government protesters in Egypt were shot dead after gunfire rained down on Cairo’s Tahrir Square in violent overnight clashes.
Protest organiser Mustafa el-Naggar said he saw the bodies of three dead protesters being carried towards an ambulance.
More than 1,500 people were injured in the latest violence, which came before dawn, as protesters remained in the street through the night following a day of clashes between supporters of President Hosni Mubarak and dissidents.
Overnight: Pro-government demonstrators, bottom, clashed with anti-government demonstrators as a palm tree burns from a firebomb in Tahrir Square, Cairo
More…
Watch Chairsatan Bernank Lie To A Room Full Of Sycophant Journalists Live
Submitted by Tyler Durden on 02/03/2011 12:51 -0500Sorry, we can't take credit for "chairsatan" - that one goes to Bill Gross. What can we say: the many is a genius. Especially when he isn't buying government subsidized BAB bonds. Aside from that, watch the full Bernanke Q&A at the link below.
Full Ben Bernanke Speech Before National Press Club
Submitted by Tyler Durden on 02/03/2011 12:40 -0500The lies come hot and heavy:
- Initial claims for unemployment insurance have generally been trending down, and indicators of job openings and firms' hiring plans have improved
- QE 'Effective at easing financial conditions'
- Recovery likely to be 'more rapid' in 2011 than 2010
- 'Overall inflation remains quite low'
- Recovery in consumer, business spending may be solid
- Economy seems to have strengthened in recent months
- Unemployment, inflation likely to defy Fed mandate
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
No comments:
Post a Comment