• Daily Digest
    Coinbase

    Daily Digest 5/6 – Coinbase says SEC conversation on crypto regulation welcome, Auto sector urges U.S. Congress to help fund its computer chip needs

    by Daily Digest

    Thursday, May 6, 2021, 6:24 PM

Economy

Coinbase says SEC conversation on crypto regulation welcome

Coinbase, the largest publically held cryptocurrency exchange, is onboard when it comes to getting the ball rolling on regulation after Securities and Exchange Commission Chairman Gary Gensler said the exchanges operating in the $2 trillion market, favored by the likes of Elon Musk, have no oversight.

“There is not a market regulator around these crypto exchanges and thus there is not protection against fraud or manipulation” Gensler warned during his first official appearance as SEC Chair before the House Financial Services Committee Thursday.

Judge Strikes Down Federal Eviction Moratorium, Setting Up High-Stakes Appeal

A federal judge has issued a sweeping ruling that would revoke a pandemic eviction moratorium put in place by the Centers for Disease Control and Prevention.

But the Justice Department is appealing on behalf of the CDC.

The case was brought by the Alabama Association of Realtors, which argued that the CDC doesn’t have the power to tell landlords they can’t evict people during a pandemic. The judge agreed.

Auto sector urges U.S. Congress to help fund its computer chip needs

The U.S. auto industry and United Auto Workers union on Friday urged Congress to tie billions of dollars in government funding to boost semiconductor production to help fill the needs of automakers forced to slash production because of chip shortages.

Congress “should prioritize production of the semiconductors necessary to assemble vehicles here in the United States. This will ensure that motor vehicle manufacturers have a fair share of chips needed to meet consumer demand,” said the American Automotive Policy Council, Motor & Equipment Manufacturers Association and UAW on Friday in a joint statement.

Biden Backs Waiving International Patent Protections For COVID-19 Vaccines

President Biden threw his support behind a World Trade Organization proposal on Wednesday to waive intellectual property protections for COVID-19 vaccines, clearing a hurdle for vaccine-strapped countries to manufacture their own vaccines even though the patents are privately held.

“This is a global health crisis, and the extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures,” U.S. trade representative Katherine Tai said in a statement. “The Administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines.”

Laboratory-made diamonds are forever, says Pandora

The world’s biggest jeweller, Pandora, says it will no longer sell mined diamonds and will switch to exclusively laboratory-made diamonds.

Concerns about the environment and working practices in the mining industry have led to growing demand for alternatives to mined diamonds.

Pfizer, BioNTech seek full FDA approval for COVID-19 vaccine

Pfizer and BioNTech said Friday that they have begun the process of seeking full FDA approval for their COVID-19 vaccine.

The companies announced the initiation of a Biologics License Application (BLA) with the agency and said data will be submitted on a rolling basis over the coming weeks, potentially paving the way for full approval within the next several months.

High Package Costs Hit Food Makers as Recycled Paper, Corn Soar

In a year of food supply-chain disruptions hitting from all angles, here are two more things for producers and consumers to worry about: recycled paper and corn, and how they affect packaging.

Prices have spiked for both recycled paper — an important source of wood fiber for the packaging industry and used to make boxes — and corn, a main ingredient in the starch used in the glue that holds the containers together. That’s adding to headaches in an industry already struggling with high costs due to tight supplies and surging pandemic-era demand for shipments of all types.

Gold & Silver

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40 Comments

  • Sat, May 08, 2021 - 5:15am

    #1
    Nate

    Nate

    Status: Silver Member

    Joined: May 05 2009

    Posts: 550

    8

    what could possibly go wrong?

    A biotech firm funded by Bill Gates has released 150,000 genetically modified mosquitoes in the US to curb mosquito breeding and gain control over the spreading of diseases like dengue and malaria.

    https://www.indiatimes.com/technology/news/bill-gates-funded-firm-genetically-modified-mosquitoes-539802.html

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  • Sat, May 08, 2021 - 6:35am

    #2

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 397

    3

    Are we being manipulated?

    "...And to continue this railroading without him ever seeing a jury is, again, a kind of grotesque manipulation of the legal process. Because I don’t think any jury would have accepted that an admitted CIA operation, which spied on Julian and his lawyers in the embassy–and they had set up cameras even in the bathroom, where the lawyers would go to speak–and then given all of this material to the U.S., to the prosecution, would have, they would have thrown the trial out. I mean, that alone would be grounds for invalidating the trial. But the judge accepted, because the judge was handpicked, and her husband is in the private defense industry, you know, and formerly worked in the defense industry. I mean, it’s very incestuous. ..."

    Chris Hedges on the Ruling Class’ Revenge Against Julian Assange

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  • Sat, May 08, 2021 - 6:43am

    #3

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2483

    17

    We’ve got to stop the vaxxpass system

    https://off-guardian.org/2021/05/07/halt-vaccine-passports/

    It is very important that people understand what is happening here. The intention is to introduce vaccine passports everywhere. But this is a disguise. It’s a world’s first digital common-format, globally-interoperable ID system with an editable health flag (vaccinated Y or N).

    It makes no one safer. If you’re vaccinated, you’re protected & are not made safer by knowing others immune status.

    As in Israel, you will be compelled to present a valid VaxPass in order to access defined facilities or access services. No VaxPass, you’re denied.

    This system only needs 50%+ of the adult population to start up because of its huge, coercive power on the unvaccinated.

    It’s illegal, medical apartheid.

    If they succeed, it won’t help you to refuse. They’ll move on, leaving that minority behind.

    A VaxPass System like this will give to those controlling the database & it’s algorithms TOTALITARIAN TYRANNY over us all.

    The ONLY way to stop this biosecurity nightmare is to NOT GET VACCINATED FOR NON-MEDICAL REASONS!!!

    I fear that, if our adversaries gain this absolute control, they will use it to harm the population. There’s no limit to the evil which will flow from this strategic goal.

    DO NOT ALLOW THIS SYSTEM TO START UP, because it’s unstoppable afterwards.

    One example: your VaxPass pings, instructing you to attend for your 3rd or 4th or 5th booster or variant vaccine. If you don’t, your VaxPass will expire & you’ll become an out-person, unable to access your own life.

    How much choice do you have?

    It’s none. You are controlled.Forever.

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  • Sat, May 08, 2021 - 8:27am

    Chuck in Belize

    Chuck in Belize

    Status: Silver Member

    Joined: May 23 2020

    Posts: 216

    15

    Stopping this thing

    All we can do is what we can do.
    It may not be enough.

    My wife and I had a Paid-For cruise through the Panama Canal that was to depart from Santiago, Chile, the second week in March of 2020 and be going through the Canal on our 49th anniversary and end up in Miami.

    Because of the Covid-19 news, a week before the scheduled departure date we called Norwegian and cancelled our cruise.  (And our airline reservations for both ends.)
    One day before the cruise, Norwegian cancelled the cruise. Any paid-up passengers would be eligible their choice of a refund or Future Cruise Credit.

    But we were not eligible for a refund, because we had already cancelled.
    They were "kind" enough to give us the Future Cruise Credit, however.

    Since early this year we get almost daily "One-Time-Special Offers" from them, begging us to use our Cruise Credits.  Just call our "Personal Cruise Consultant" to find out more and to set one up.  So just for grins, we did.

    The Cruise Consultant informed me about the restarting of operations later this year and the cruises that would be available to us -- all with the assurance that everyone on board, crew and passengers, will have been fully "vaccinated."

    I pointed out to her that we were not.  Would that be a problem? If not, we'll go ahead and book the one to Europe.

    She said, after a long hesitation, "But won't you be vaccinated by November?"
    I said, "No, almost certainly not."  She said, "Why? Can't you get vaccines there?"

    I said,
    "Vaccination was not one of the terms of our cruise contract.
    And we are not going to be part of this huge experiment.
    So, I tell you what.  You call us back when you decide to uphold
    your part of the original contract."

    I hung up.

    A few days later, a "superior" consultant called me and pled with us.
    I asked if they were still planning to require "vaccination."  She said yes.

    So, we're going round and round with these people.
    They're like Forengi ... once they get your money they don't ever, ever give it back.

    But I'm not backing down. Not this time.

    -- Chuck

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  • Sat, May 08, 2021 - 9:15am

    #5
    brushhog

    brushhog

    Status: Gold Member

    Joined: Oct 06 2015

    Posts: 560

    16

    brushhog said:

    Whats the old adage? Hope for the best, plan for the worst?

    I hope the vaxx-passports fail on the weight of noncompliance. I think there is a chance that might happen.

    However, I am planning for the likely event that this thing will be imposed on us. I expect that my travelling days are over, bringing my kid to a ball game or concert probably wont happen, we may be locked out of alot of things. My family and I have already done most of the heavy lifting for this...we live a rural homebased lifestyle, we are fairly self-sufficient, etc..

    Ultimately, Ive made the pledge not to be vaccinated and I'm prepared to accept the consequences. Just once in his miserable life, a man has got to stand for something.

    Someone sent me this, it was awesome;

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  • Sat, May 08, 2021 - 9:29am

    Canuck21

    Canuck21

    Status: Silver Member

    Joined: Aug 10 2020

    Posts: 334

    2

    Brilliant

    Brilliant.

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  • Sat, May 08, 2021 - 9:30am

    Canuck21

    Canuck21

    Status: Silver Member

    Joined: Aug 10 2020

    Posts: 334

    0

    Cruise vax

    Threaten to take them to whatever the US equivalent is of the Consumer Ombudsman if they don't give you a full refund immediately. Have fun!

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  • Sat, May 08, 2021 - 10:19am

    #8
    westcoastjan

    westcoastjan

    Status: Gold Member

    Joined: Jun 04 2012

    Posts: 475

    3

    Deagel 2025 forecast deleted!

    https://seemorerocks.is/deagel-com-just-removed-2025-forecast/

     
    NOT GOOD.

    A few days ago Deagel.com removed the 2025 page, that showed America having a sub-100,000,000 population, and now the site is completely gone. That means, as far as I see it, that they did not even want the site alive at all after the owner died, despite there still being people on staff to keep it going. And THAT means the 2025 forecast might still be on.

    The only place or reference I have found to the 2025 forecast is in the first link. I have been watching it for a while during this pandemic to see if anything changed. I was always curious about it... now the forecast has disappeared. Have to wonder why?

    Edit: found this article which sheds some light:

    https://internationalman.com/articles/doug-casey-on-the-shocking-2025-deagel-forecast/

     

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  • Sat, May 08, 2021 - 10:53am

    Blaggers

    Blaggers

    Status: Silver Member

    Joined: Oct 19 2013

    Posts: 211

    2

    This story seems to be being disseminated to a bigger audience now

     
    Nearly 25,000 have died of COVID -- 50 after vaccination
    https://torontosun.com/news/local-news/warmington-nearly-25000-have-died-of-covid-50-after-vaccination
    Tucker Carlson: How Many Americans Have Died After Taking COVID Vaccines?
    https://childrenshealthdefense.org/defender/tucker-carlson-how-many-americans-died-covid-vaccines/

     

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  • Sat, May 08, 2021 - 10:57am

    #10
    westcoastjan

    westcoastjan

    Status: Gold Member

    Joined: Jun 04 2012

    Posts: 475

    3

    More things that make me go hmmmm...

    1. Public Health Act 2016 (WA) – Instrument of Authorisation – Authorisation to Supply or Administer a Poison [SARS-COV-2 (COVID-19) VACCINE – Australian Defence Force] (No.2) 2021

    https://www.wa.gov.au/government/publications/public-health-act-2016-wa-instrument-of-authorisation-authorisation-supply-or-administer-poison-sars-cov-2-covid-19-vaccine-australian-defence-force-no2-2021

    At least these guys are honest in admitting the jabs are poison...

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  • Sat, May 08, 2021 - 11:18am

    brushhog

    brushhog

    Status: Gold Member

    Joined: Oct 06 2015

    Posts: 560

    4

    Deagel

    Have you ever really gone though deagel and read the forecasts and explanations? I did, and afterwards I completely discarded that site.

    Its obviously written by people who are not native English speakers. The vitriol against America and the west in general was poorly disguised. To be honest I think I can say with a high degree of certainty that it was a Chinese or possibly Russian disinformation piece.

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  • Sat, May 08, 2021 - 12:25pm

    agitating prop

    agitating prop

    Status: Gold Member

    Joined: May 28 2009

    Posts: 851

    3

    Assange

    Assange is getting the kangaroo court treatment. So damn sad.

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  • Sat, May 08, 2021 - 12:29pm

    agitating prop

    agitating prop

    Status: Gold Member

    Joined: May 28 2009

    Posts: 851

    0

    Bruises from cruises

    Chuck, It's pretty easy to resolve issues like this by threatening to contact the media. The PR machinery freaks out...and you'll probably at least get a refund. It's something that is going to come up frequently for airlines and cruiselines in the next while and they don't need the bad press.

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  • Sat, May 08, 2021 - 3:28pm

    #14

    sand_puppy

    Status: Platinum Member

    Joined: Apr 13 2011

    Posts: 2811

    5

    Ethereum at $3,800 today

    Mark Reese was a PP cryopto blogger some 3 years ago. This was during the last manic run-up in prices.  He talked me into investing in 2 ETH coins at $400 each.

    today ETH touches $3,800.

    my view of the crypto world is mostly through the eyes of VTGothic, the only tremendously knowledgeable guru that I know personally and trust deeply.  So it is BTC centric and is aimed at 1) a long term store of value (SOV) that cannot be inflated, and 2) a payment system that is quick and secure, 3) something that moves management of the money supply out of the hands of the oligarchy.

    is there a true future for ETH in this vision?

    are these alternative coins a distraction waved in front of us profit hungry humans to take the steam out of BTC’s ascent, which is ungovernable by the elite?  (As big $$ goes to the alt-coins, BTC’s price rise is muted)

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  • Sat, May 08, 2021 - 11:35pm

    #15
    Rootman

    Rootman

    Status: Bronze Member

    Joined: May 09 2020

    Posts: 110

    0

    Rootman said:

    I bought ETHEUR for E 1000 on May 3rd.  And it already went from E 2800 to E 3250!

     

    I suppose buy and hold will cancel out the volatility.

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  • Sun, May 09, 2021 - 2:59am

    #16
    VTGothic

    VTGothic

    Status: Gold Member

    Joined: Jan 05 2020

    Posts: 650

    1

    And the band plays on

    Katherine Tai said in a statement. “The Administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines.”

    That's a direct echo of George W. saying in 2008

    "Well, I have obviously made a decision to make sure the economy doesn’t collapse. I’ve abandoned free market principles to save the free market system."

    Biden: a Bush doppelganger.

    In fact, the first 4 stories are the same story. Reading the annotations was like reading a series of plot outlines for sitcoms or Hallmark movies: there's no need for new ideas and insights; keep the script, just change the names and setting. Americans will eat it up and beg for more.

    The band plays on.

     

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  • Sun, May 09, 2021 - 3:41pm

    #17

    sand_puppy

    Status: Platinum Member

    Joined: Apr 13 2011

    Posts: 2811

    2

    OK DaveF—Bitcoin. A Hard Money You Can’t F*ck With

    DaveF reports he is longing for the excitement of the “Bitcoin! Its Going Up again!” days.  Ha ha!

    well I just bought this book that explains what is happening.  See title above.

    and (I hope everyone realizes I’m being silly) the advice that if all the money in the world is converted to BTC that the price of each BTC will be over $100 million.

    and, from Twitter, the answer to the enduring question “How much do I need to save for retirement?”

    One Bitcoin.

    Enough!

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  • Mon, May 10, 2021 - 7:29am

    #18
    westcoastjan

    westcoastjan

    Status: Gold Member

    Joined: Jun 04 2012

    Posts: 475

    4

    Reports from Canadian women being discounted & un-reported - what a surprise

    https://globalnews.ca/news/7841955/covid-19-vaccine-irregular-menstruation/

    But get the jab everyone! It's important!!!

     

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  • Tue, May 11, 2021 - 6:42am

    #19

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2483

    4

    Even the NYT is now wondering if electric cars are the solution many think they are

    https://hotair.com/ed-morrissey/2021/05/10/nyt-will-electric-cars-become-an-environmental-catastrophe-n388950

    NYT: Will electric cars become an environmental catastrophe?

    (AP Photo/Eric Risberg)

    Answer: Of course they will, with mining being among the many other issues in pushing to eliminate internal-combustion engines in favor of an all-electric fleet. No one who has studied the composition of the energy-storage systems in electric cars could possibly miss the environmental dangers of such a transformation.

    The most interesting point of this brief review of one potential environmental catastrophe is the media outlet raising the issue. Even if it got buried over the weekend, the fact that the New York Times raises the mining issues is significant:

    The United States needs to quickly find new supplies of lithium as automakers ramp up manufacturing of electric vehicles.

    Lithium is used in electric car batteries because it is lightweight, can store lots of energy and can be repeatedly recharged. Other ingredients like cobalt are needed to keep the battery stable.

    But production of raw materials like lithium, cobalt and nickel that are essential to these technologies are often ruinous to land, water, wildlife and people, Ivan Penn and Eric Lipton report for The New York Times. Mining is one of the dirtiest businesses out there.

    The NYT did a deeper dive on the specifics one day earlier in a high-profile, front-page piece that mainly hit on Friday. “Electric cars and renewable energy may not be as green as they appear,” Penn and Lipton warned:

    But the project, known as Lithium Americas, has drawn protests from members of a Native American tribe, ranchers and environmental groups because it is expected to use billions of gallons of precious ground water, potentially contaminating some of it for 300 years, while leaving behind a giant mound of waste.

    “Blowing up a mountain isn’t green, no matter how much marketing spin people put on it,” said Max Wilbert, who has been living in a tent on the proposed mine site while two lawsuits seeking to block the project wend their way through federal courts.

    The fight over the Nevada mine is emblematic of a fundamental tension surfacing around the world: Electric cars and renewable energy may not be as green as they appear. Production of raw materials like lithium, cobalt and nickel that are essential to these technologies are often ruinous to land, water, wildlife and people.

    That environmental toll has often been overlooked in part because there is a race underway among the United States, China, Europe and other major powers. Echoing past contests and wars over gold and oil, governments are fighting for supremacy over minerals that could help countries achieve economic and technological dominance for decades to come....

    https://www.nytimes.com/2021/05/07/business/the-electric-vehicle-race-is-creating-a-gold-rush-for-lithium-raising-environmental-concerns.html?searchResultPosition=1

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  • Tue, May 11, 2021 - 7:21am

    Netlej

    Netlej

    Status: Silver Member

    Joined: Dec 09 2020

    Posts: 179

    6

    EV tires

    What is rarely talked about is the fact that we in the US have over a billion tires on the road, each wearing down at a steady rate generating a massive toxic cloud that kicks up and is dispersed everywhere. It settles and is washed into rivers and streams killing off fresh water life. It is breathed in and enters the lungs, bloodstream, heart, etc. Tires are made from a whole soup of toxic petrochemicals. Globally it is billions of tons of crap.

    Then there is the tens of billions of used tires much of which gets burned. Even when "recycled" they eventually end up in the environment.

    EVs do nothing to stop this.

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  • Tue, May 11, 2021 - 11:06am

    #21

    Jim H

    Status: Bronze Member

    Joined: Jun 08 2009

    Posts: 1411

    5

    This is new and different: Silver popping

    When is the last time you saw a screen that looked like this?

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  • Tue, May 11, 2021 - 2:02pm

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2483

    6

    I did my little part 😁

    100 oz bar on May 1 along with “Wall Street Silver.” But the Comex didn’t break (yet). 🤷🏻‍♂️

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  • Tue, May 11, 2021 - 2:18pm

    #23
    wotthecurtains

    wotthecurtains

    Status: Gold Member

    Joined: Feb 27 2020

    Posts: 645

    5

    wotthecurtains said:

    Nice work on the 100 ounce bar.  I could only swing 50 but it feels like the HCQ thing where I just know I'm gonna feel better having it around and I can tell my kid a story about the silly scary thing that never happened if I'm wrong.

    But man for Silver to fall 10% on the original raid day with the head of the CTFC admitting they "tamped it down" and then yesterday for the LBMA to admit they wrongly added 11 million ounces to inventory at the exact moment some thought they might run out.

     

    https://www.kitco.com/news/2021-05-11/Accounting-errors-causes-LBMA-to-overstate-silver-holding-by-3-300-tonnes-during-March-Silver-Squeeze.html

    Of course that doesn't move a tamped price much either but I dont know how you can't be involved in PMs with whats happening.

    The LBMA subsequently released a report admitting the original squeeze nearly broke them.  Imagine if there was a job called Newspaper Reporter and a story like that got out?

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  • Tue, May 11, 2021 - 6:14pm

    #24

    pinecarr

    Status: Platinum Member

    Joined: Apr 13 2008

    Posts: 1326

    2

    Basel III To Force Bank Scramble For Physical | Andy Schectman

    Live now, really interesting!  Dunagan Kaiser of Liberty and Finance interviews Andy Schectman, Basel III To Force Bank Scramble For Physical | Andy Schectman.

    "President of Miles Franklin Andy Schectman says Basel III will force banks to scramble for physical precious metals."

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  • Wed, May 12, 2021 - 9:59am

    #25

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2483

    8

    Gas prices

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  • Wed, May 12, 2021 - 10:05am

    #26

    sand_puppy

    Status: Platinum Member

    Joined: Apr 13 2011

    Posts: 2811

    2

    Damn thc

    There may something to this post.  (As hard as I'm working to learn to modify my habitual always looking to the worst case scenario......)

    Mots "self-sustaining communities" is sounding smarter.

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  • Wed, May 12, 2021 - 10:28am

    #27
    DennisC

    DennisC

    Status: Silver Member

    Joined: Mar 19 2011

    Posts: 302

    6

    Somewhat Energy Related (Humour?)

    Take one minute out of your busy schedules to watch this video clip (originally linked in a ZH article).  I must have watched it three times, each time in disbelief.  It would appear that the individual in the video might be on the short list for a Darwin Award.

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  • Wed, May 12, 2021 - 10:36am

    Jim H

    Status: Bronze Member

    Joined: Jun 08 2009

    Posts: 1411

    16

    LOL...

    I think most of us on PP.com are smart enough to know that you ALWAYS double bag your gas... so funny to see someone attempting to single bag.

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  • Wed, May 12, 2021 - 11:17am

    #29
    ao

    ao

    Status: Platinum Member

    Joined: Feb 04 2009

    Posts: 1576

    14

    the stupidity of man knows no bounds

    Every day, when I think things can't possibly get any more absurd, they do.

    Just this week, I found out that Social Security took over 7 months to process my pay back check when I withdrew my application.  But the government complains about not having enough money.  I can't imagine why.

    Ran the numbers and found an error in my Social Security benefits payment where they are underpaying me by $132 per month.  After many, many phone calls, I finally got a subsequent letter from SS proudly announcing that they (not me) found this error and will be correcting it and crediting me a lump sum amount as well.  Actually, I didn't get one letter.  I got two.  Two identical letters fulfilling the unofficial SS motto of never letting a chance for waste, inefficiency, and redundancy to pass them by.  

    One of the banks I deal with has no idea when a check will clear.  Tells me I should call back.  Could be 1 week, could be 2 weeks, could be longer.  The days of precision in banking are over.

    Another bank has been sending me duplicate statements for months.  Have called 3 times to correct the situation but to no avail.  Got to keep those paper manufacturers in business.

    Went to my accountant for a financial statement on our building which is up for sale since I may have a potential buyer.  Girl at front desk looks at me like I'm asking for a salami and Swiss sandwich.  Like, what's a financial statement?

    Help wanted signs in credit union, gas station, auto parts store, hotel, and restaurant, all on my short drive into town.  No one wants to work.  Surprise, surprise when, thanks to government policies, unemployment is paying more than the salaries these places would pay.

    Call up national business about an issue I am having.  Representative on the phone fails to properly address and correct the issue but then, at the end of the conversation, asks if there is anything else she can help me with.  Uh no, you didn't help me with the issue I called about in the first place.  I think the new hiring criteria for these positions is to find people who are (usually) pleasant but not too bright.  Oh yeah.  Another criteria seems to be having the inability to articulate clearly and speaking like they have a mouth full of cotton candy (which, working at home, they probably do).

    These calls are always prefaced by a recording saying they may be recorded for quality control purposes.  But there seems to be little to no quality control.  It just keeps getting worse and worse.

    These calls also always say, listen carefully because our menu options may have changed.  But the menu options almost never change.

    Person we know is having money issues and is asking for help on social media.  But somehow she can afford purple hair, sparkly nails, more tats than a South Sea islander, cigarettes, constant eating out at fast food places, and the latest i-phone.  Duh.  Ever hear of a budget?  

    People are all proudly announcing they've just gotten the jab, like they've just won a Nobel Prize or the Publisher's Clearing House Sweepstakes.  Newsflash, it's not a sign of achievement, it's a sign of something else.

    It's endless.  As a great poster who hung out here years ago used to say, we living on a planetary insane asylum.

       

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  • Wed, May 12, 2021 - 11:55am

    coh

    coh

    Status: Bronze Member

    Joined: Dec 16 2020

    Posts: 122

    0

    coh said:

    Take one minute out of your busy schedules to watch this video clip (originally linked in a ZH article). I must have watched it three times, each time in disbelief. It would appear that the individual in the video might be on the short list for a Darwin Award.

    If I saw someone doing that at a gas station, I'd be looking around for the candid camera set-up. Are people really this stupid? I guess some are.

    I saw a video somewhere, facebook I think, of a couple filling up what looked to be 10 gallon gas containers - probably close to a dozen of them - and piling them in the back of their SUV. At least they used actual gas containers but all I could think was, I hope no one rear ends them on their way home. It's basically a bomb on wheels.

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  • Wed, May 12, 2021 - 12:38pm

    #31

    sand_puppy

    Status: Platinum Member

    Joined: Apr 13 2011

    Posts: 2811

    1

    Peter Theil, The Mossad, Cryptos and the Oligarchy

    A brief note.

    Whitney Webb at Mint Press and the American Vagabond  has written a number of times about the Mossad intelligence school that has trained many in espionage. (Don't have time to find the original articles.)   Their connection in Silicon Valley is enabled and funded by some key people.  One is Peter Theil.

    I read today that Peter Theil is a driving force and coordinator for a crypto network behind the EOS Coin, which has skyrocketed in price in the last days.

    Just knowing the who is at the center of this suggests that this is an arm of the oligarchy working to establish control in the crypto space.

    BTC is looking better again.

     

     

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  • Wed, May 12, 2021 - 1:18pm

    David Henry

    David Henry

    Status: Bronze Member

    Joined: Sep 20 2019

    Posts: 104

    1

    gas bag lady

    What happens when she gets home? Where is she putting that gasoline then? Stockpiling in the tub?

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  • Wed, May 12, 2021 - 1:27pm

    Chuck in Belize

    Chuck in Belize

    Status: Silver Member

    Joined: May 23 2020

    Posts: 216

    0

    Chuck in Belize said:

    Really, ao, it's not any worse than having menus at the McDonalds Drive-Thru in Braille.

    Come on, lighten up.

    My dad always used to say,
    "Just when you think it can't possibly get any worse, it does."

    And now we all see just how right he was.

    -- Chuck

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  • Wed, May 12, 2021 - 2:00pm

    Canuck21

    Canuck21

    Status: Silver Member

    Joined: Aug 10 2020

    Posts: 334

    1

    Platinum

    I just don't understand why platinum is so low. I like platinum. It should be much higher. Can someone explain?

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  • Wed, May 12, 2021 - 2:07pm

    Mpup

    Mpup

    Status: Bronze Member

    Joined: Mar 01 2020

    Posts: 199

    5

    Ditto AO on the insane asylum

    One of my neighbors has been out of work for almost three months.  He and his stay at home wife have two young children.  I mentioned to him that I would pay him ten to twelve dollars an hour to help pull weeds under my citrus trees...at his convenience.  I thought I might be helping him out.  His answer "you'll have to find a 12 year old kid to do that"  The local pizza place in our small town is advertising starting pay $15.00 an hour with benefits.  Can't find anyone to work.  They offer a $50 (edited) finders fee if you refer an employee who stays for 30 days.

    I recently called a hearing aid business in a close by town to get information about new aids.  The lady that answered didn't know what brand(s) they carried, what the prices were or any other information about the aids.  As I asked her questions, I could hear her posing them to another person who knew little more than her.  It seems as though very few know how to do their job anymore....and many that do just don't care about doing it right.  Crazy times.   Free money, we'll send it even if you don't ask for it, or don't need it.

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  • Wed, May 12, 2021 - 8:39pm

    wotthecurtains

    wotthecurtains

    Status: Gold Member

    Joined: Feb 27 2020

    Posts: 645

    0

    wotthecurtains said:

    Thanks pinecarr, I enjoy Andy Schectman's thoughts.

    Im still not certain the LBMA won't be able to get another last minute exemption putting us right back here in a years time with them threatening the collapse of all of finance if the useless yellow rock suddenly has to be delivered.

    I also think Andy is likely to be correct though.  Those short need to get out and how better to get out than at lower prices?   I think Gold @ $1200 will be like silver is right now though.  You wont be able to get the metal in your hands for anything like that price.  Maybe phyz shares though...

     

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  • Thu, May 13, 2021 - 4:27am

    #37

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2483

    6

    Minimum wage vs sound money

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  • Thu, May 13, 2021 - 6:00am

    Kathy

    Kathy

    Status: Silver Member

    Joined: Feb 21 2020

    Posts: 285

    0

    Platinum is tied to catalytic comvertors

    My husband dug into this a couple years ago because he has the same question.  He’d be able to give you a much better answer but IIRC gold is the hedge against inflation and to a lessor extent so is silver.  Platinum and Palladium are closer to commodities that are mainly used in catalytic converters, one is gas and one is diesel.  So if they are producing cars and trucks because they can’t get circuit board out of Taiwan (TSMC) the demand for PT and Pd goes down.

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  • Thu, May 13, 2021 - 7:30am

    Canuck21

    Canuck21

    Status: Silver Member

    Joined: Aug 10 2020

    Posts: 334

    0

    Canuck21 said:

    Yes but palladium is so high now vs platinum and platinum can also be used as sound money (the Russians did so in WW2) whereas palladium cannot. And platinum is rarer than gold.

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  • Thu, May 13, 2021 - 4:45pm

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 397

    0

    000 said:

    But at least the media are alert to the suffering of Alexei Anatolievich Navalny. [irony]

    Who only wants the people of Russia to have free and fair elections, like in Alabama y'al.

     

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