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warpig

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Everything posted by warpig

  1. iPhone Thread (for Android fans too) Creativity is being unleashed on Mobile phones ================================= (DrB edit: once I "got it", I decided to change the title) I know this is off topic, but I'm curious how many iPhone users we have on this forum. I work in IT and I've had my iPhone since Christmas and it just gets better and better... It is without a shadow of a doubt, the best phone on the market by a long shot. There are some great financial apps out there iGold, iKitco, Goldmoney, Stocks etc, the list goes on... I'm always connected to everything I could ever possibly need. I've just enabled the `free` internet tethering for my laptop and it works a treat, over GPRS, Edge or 3G, wow! What I can't find as an iPhone app I can fall back on my laptop and just use that over my iPhone's 3G connection. To summarise, I'd have to say the distinction between the Windows mobile devices (and I've had about 10) and an iPhone is the latter is a product and the mobile devices are just that devices, unintuitive and clumsy. On top of this you can jailbreak the iPhone and move away from 02 (carrier) here in the UK and then the phone is yours to do what you want with. If anyone doesn't have one, get one. Any other fans out there? == == LINKS: iPhone Hacks ...... :: http://oreilly.com/catalog/9780596516642/ O'Reilly webcast... :: http://www.oreillynet.com/pub/e/1336 - slow paced initially, but does reveal Sparkfun for iPod. :: http://www.sparkfun.com/commerce/product_i...roducts_id=8295 Android website... :: http://www.android.com/#utm_campaign=en The Android website, encourages MARKETERS ... : Browse or publish your own applications on Android market DEVELOPERS . : Developers to easily create great mobile applications OPEN SOURCE : Access the entire platform source
  2. This is something that's been bothering me for a while... Whilst we know both the UK and the US are going to get hit hard when this financial mess unravels, there's no way I'd want to live in the US when this unfolds. The UK is known as a "Big Brother" society and whilst largely instigated by Labour, I `hope` the new Conservative government will start to repeal some of the horrendous laws passed in recent years. However... whilst there's now hope for the UK in terms of civil liberties, some of the horror stories that you hear from the US send shivers down my spine. Is this media sensationalism or is the US really turning into a totalitarian police state? Are US citizens scared of their own government? #1) A new bill being pushed by Senators John McCain and Joe Lieberman would allow the U.S. military to round up large numbers of Americans and detain them indefinitely without a trial if they "pose a threat" or if they have "potential intelligence value" or for any other reason the President of the United States "considers appropriate". #2) Lawmakers in Washington D.C. working to create a new immigration bill have decided on a way to prevent employers from hiring illegal immigrants: a national biometric identification card all American workers would be required to obtain. #3) Barack Obama is backing a plan to create a national database to store the DNA of people who have been arrested but not necessarily convicted of a crime. #4) Just to get on an airplane, Americans will now have to go through new full-body scanners that reveal every detail of our exposed bodies to airport security officials. #5) If that wasn't bad enough, the Transportation Security Administration has announced that airport screeners will begin roving through airports randomly taking chemical swabs from passengers and their bags to check for explosives. #6) Starting this upcoming December, some passengers on Canadian airlines flying to, from or even over the United States without ever landing there, will only be allowed to board their flights once the U.S. Department of Homeland Security has determined they are not terrorists. #7) Organic milk is such a threat that the FDA has been conducting military style raids on Amish farmers in Pennsylvania. #8) An NYPD officer has broken his silence and has confessed that innocent citizens are being set up and falsely arrested and ticketed in order to meet quotas. #9) A growing number of police departments across the U.S. are turning to mobile camera systems in order to fight motor vehicle theft and identify unregistered cars. #10) For decades, Arizona has been known as "the sunset state", but lately many frustrated residents have started calling it "the surveillance state". #11) Judges and police in Florida have been caught using "secret codes" on tickets in the state of Florida. #12) An extensive investigation has revealed that between 2003 and 2007, that state of Texas quietly gave hundreds of newborn baby blood samples to a U.S. Armed Forces laboratory for use in a forensics database. #13) A 6-year-old girl was recently handcuffed and sent to a mental facility after throwing temper tantrums at her elementary school. #14) One 12-year-old girl in New York was recently arrested and marched out of her school in handcuffs just because she doodled on her desk. #15) In Florida, students have been arrested by police for things as simple as bringing a plastic butter knife to school, throwing an eraser, and drawing a picture of a gun. #16) When a mother on a flight to Denver spanked both of her children and cussed out a flight attendant who tried to intervene, she suddenly found herself handcuffed and headed for prison. Why? She was charged with being a domestic terrorist under the Patriot Act. #17) A new global treaty may force U.S. Internet service providers to spy on what you do online. #18) A leaked Obama administration memo has revealed plans for the federal government to seize more than 10 million acres of land from Montana to New Mexico. #19) 56 percent of Americans questioned in a CNN/Opinion Research Corporation poll said that the U.S. government has become so large and powerful that it poses an immediate threat to the rights and freedoms of ordinary citizens. #20) But one other recent poll found that 51 percent of Americans agree with this statement: "It is necessary to give up some civil liberties in order to make the country safe from terrorism." Original article here.
  3. Interestingly Martin Armstrong has been saying when the bond bubble bursts, money will flood in to stocks which `could` push it up to 30K. Quite a bold call if you ask me.
  4. warpig

    SILVER

    Controlling the price of gold was part of the plan, it wasn't a conspiracy, it was an open secret. Yes at some point the game stops, it doesn't go on for a generation or even another decade, the system will collapse under it's own weight. They know they can't fix it, the best they can do is stall for time. Hyperinflating the currency would cause more problems than it solves, they won't do it.
  5. warpig

    SILVER

    Thanks for the reply. Yes you can use the ratios to swap from one asset to another, but that doesn't guarantee you're getting the best price for either. What if when you sold your silver you stayed in cash and bought gold now, you'd be significantly better off than playing the gold:silver ratio. If you've been in precious metals for the last 3 years, you've suffered a significant loss of profits the same as the rest of us. If you look at the CCI since late 2011, the decline in commodities is unmistakable and yet to this day, I've barely seen it mentioned let alone discussed on any of the goldbug sites. It seems to me that gold-[bulls|bugs] refuse to accept gold can still act as a commodity, yet the last 3 years clearly prove this wrong. My mistakes were believing gold would "only" act as a monetary asset since 200[7|8] and not having a full appreciation for money cycling in and out of asset classes depending where we were in the business cycle, I drew some wrong conclusions. It's not that I don't believe there's manipulation, after all that's what the anonymous HFT bids and dark pools are, it's just I don't think long term market trends are surreptitiously manipulated, although in the short term everything is. I accept the impact of loose monetary policy, but this isn't manipulation, it's mismanagement. The London Gold Pool and gold leasing were open secrets and were clearly connected with the gold standard, so this was "different..." IMO. I also don't believe in the hyper-inflation thesis anymore, so I "may" consider going to cash when gold peaks next. Clearly inflating the debt away isn't working and I am confident they won't try and push the string much harder, because they'll sacrifice the currency if they hyper-inflate. Having said that I reserve the right to change my mind as conditions change!
  6. warpig

    SILVER

    Conspiracy theories haven't been able to predict the price of gold for the last 3 years. I'm really pissed off with myself for not seeing the top in 2011 and I'm prepared to admit a lot of what I described as sinister shadows controlling the gold market, was actually a lack of knowledge and putting too much "faith" in others. I'm of the opinion that unless we work out where we all went wrong in 2011, we're likely to make the same mistake at the next peak. Doesn't that worry you?
  7. warpig

    GOLD

    It absolutely isn't reflected in the price and you should be concerned.
  8. warpig

    SILVER

    I agree, silver rose about 14% compared to gold which rose about 9% since the beginning of the year, margins are expected to rise as the price rises. Isn't it about time we stopped seeing conspiracy in absolutely everything..?
  9. warpig

    GOLD

    I agree, I've been an idiot too. It's now clear to me commodities are in a significant bear market and since 2011, gold has been acting as a commodity not as the money of last resort. I think it's very healthy to acknowledge your mistakes or you're bound to repeat them. The dollar is going to rally much higher from here and it could push gold down in dollars to $680, in Martin Armstrong's own words, "This is the extreme target we have to respect is possible." He believes gold won't resume it's bull market until 2016, I believe he's said Q1 in the past. However it should then rally until 2020. He says this is all about the dollar and it's the process of repatriating the dollars that will cause the system to fall apart. I suppose it should also be said, this doesn't necessarily reflect the price of gold/silver in local non dollar currencies. As the dollar strengthens, presumably other currencies are in decline which will cushion gold/silver. Non of this is what I want to hear either, but I can't help but feel it's going to come true.
  10. warpig

    GOLD

    This chart paints a clearer picture IMO.
  11. warpig

    GOLD

    Pixel8r spotted this today, see if you can spot Brown's bottom.
  12. warpig

    GOLD

    Fundamentally there's every reason to be a permabull in gold, but that doesn't reflect the real world. People don't always make the right logical decisions, there are other influences. Having said that, what perplexes me is how the price can decline for 2 years and yet inventory levels are so low. I think it shows the gold market doesn't reflect the underlying commodity any more, it's more about the wallstreet casino than hedging genuine production and that sort of mentality is exactly what put the financial world in it's current predicament. The western economies must go back to manufacturing, where real things have real value. Trading is just educated gambling, it's distorting all of the markets everywhere. I think history will look back at precisely now and label western governments naive for sending all of the western gold east, in exchange for paper promises that we all know are going up in smoke. Countries were invaded for gold in times gone by and now we vilify gold in a brazen effort to promote fiat currencies. What madness... BTW - I think the (double) bottom is in.
  13. warpig

    GOLD

    We'll see what happens, but I'd rather know it's a possibility and mentally prepare to sit and wait longer.
  14. warpig

    GOLD

    Latest from MA's blog: http://armstrongeconomics.com/2013/12/15/time-price/
  15. warpig

    GOLD

    This is an interesting chart.
  16. warpig

    GOLD

    Full circle... I've just reread it and I think I agree with his closing sentiment: QEIII has been slated to end mid 2014, is gold going to trend lower until then?
  17. warpig

    GOLD

    I should have refreshed the page before I replied to Jake. Yes I guess that's mainly it, but why didn't we see it coming? We should have IMO...
  18. warpig

    GOLD

    Hi Jake, Good to see you too. Are you still in Japan? I just took a look at gold in JPY, I'm surprised it's come off the boil, I assumed it would still be at all time highs. I assume you sold at the top... I really like your theory, although I've always thought shale oil/tar sands was a negative EROI, but perhaps I'm wrong on this. I know it's heavily dependent on low IR's, perhaps there are other influencing factors. Yes that's the irony, nothing's changed, in fact that's not true, everything's magnitudes worse! I can appreciate the world's chasing yield, but I never thought it would have this much of a detrimental effect on gold. Adding further insult to injury, western inventory's going down whilst eastern demand seems to be higher than ever... can that be right? Surely only a lack of demand or a glut in supply can cause a lower equilibrium! Whilst I was hunting around your oil theory earlier I can across this - I thought the timing was interesting, so I wanted to remind myself of the dates of different iterations of QE. If you look at the end date of QEII, the duration of operation twist and the start of QE III against a gold chart, it looks to me like it's caused stark behavioral changes as far as gold investors are concerned. I appreciate it hasn't happened in isolation, there are of course many other influencing factors like oil, the velocity of money, European fragmentation etc... etc... but it's hard to ignore those dates on those charts... Why would QEII encourage people to buy gold and QEIII encourage people to buy equities..?
  19. warpig

    GOLD

    Of course.
  20. warpig

    GOLD

    Exactly.
  21. warpig

    GOLD

    Interesting... (6-10/2) 8 years for the top of the mania in gold is inline with Martin Armstrong's ECM, but as he said he expects healthy gains in gold up until that point. I was hoping to drop out around 2016 assuming MA's ECM holds true, but this of course all hinges on what's happening... So with that article in mind, why did investors decide gold should be considered more of a commodity rather than a monetary asset at the end of 2011? What changed?
  22. warpig

    GOLD

    Whilst true and if we trust the current price, then supply must still have been greater than demand. Do you know anyone that predicted the current 2 year decline DrBubb?
  23. warpig

    GOLD

    I broadly agree it's "stored" in certain financial and consumer asset classes, but I still can't help but wonder if there's something else we've missed. Martin Armstrong has a 2014 metals report coming out early next year and whilst it isn't cheap, I'm tempted to buy it given he was the only one who nailed this correction AFAIK. It would appear he has an insight in to the gold market. Yes that sounds about right, as the rich get richer and the poor get poorer, high earners are spending their `winnings` on high end items and inflating high end asset prices. Sounds like you got a bargain!
  24. warpig

    GOLD

    Yes when potential inflation becomes kinetic inflation, the financial landscape will look very different.
  25. warpig

    GOLD

    I accept the velocity of money is very low, but bubbles are still appearing in other asset classes. Look at equities, London property, yachts, fine wines or art, fine art has doubled in 6 months. So there is a lot of money sloshing around, it's just the love affair with gold ended. It seems nonsensical to me, everyone has such a short term mentality... I don't understand the mindset that would have someone sell their gold and buy fine art. Collectibles are notoriously bad at retaining value in a financial crisis.
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