Brazil downgraded to junk by Standard and Poors
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You, my friend, are probably correct.
Couple of guys have listed……………CLAIMS ON COMEX…….227 paper claims to 1 oz. of GOLD.
Meaningless, as the goofy naked short selling of futures chatter. It’s the futures market and has been like this since 1850ish.
Heck, it all meaningless……until it isn’t…………
No, this is how the futures work. None of the farmers that short corn have any corn when they short it. So the paper claims on corn is huge until the harvest comes. People talk about this stuff like they know something but they don’t. Any moron that says there is something wrong with short selling futures is somehow wrong or illegal or immoral knows nothing of what they speak.
Interesting point. However do the gold shorts EVER have any gold? If they are producers then yes, otherwise we can’t know.
Anyway, in addition to your point, no-one ever mentions all those who go long gold and silver who don’t have the CASH to pay to take delivery.
We know all about the futures , We consult with Bob M on the subject……..
I am not sure what jon is saying except corn and beans are perishable …..require storage if you hold over the winter and require dryers to keep dry.
BTW……LIGHTEN UP JOH…………….
You sound like the author, Tom Robbins!
Simply amazing!
Amazing, yes…
But the 100:1 was already amazing. Why not 500:1 or something higher. I don’t know if this is as significant as I first thought.
Problem might be that every time the number goes up, there is LESS GOLD IN storage ..
at the above number………there is only 6 tons remaining…..
I guess that my only comment is that the “lack of relevance” between the paper markets and the commodity markets is amazing!
ditto……..OWL…….simply amazing………………
“WAR is one of the few things that KEEPS America’s industry going”………screw the “markets” – this is what our country has come to…..fricking sad……..and dont give me this BS about ‘if I dont like it leave”………things have to change AND they will….unfortunately, the change is NOT going to be pretty…kinda like a kidney stone trying to pass through…..ouch…..
I would not leave SD, you are surrounded by military , who will fight to defend you, until their checks stop coming……… 🙂
The Chenyan leader the other day stated the refugee crisis in Europe is the direct result of western actions (duh)
Lavrov today publicly states the U.S. Qatar and Saudi Arabia are supporting ISIS.
Kind of obvious Israel is too, their plan being to take a piece of Syria.
(Funny Turkey keeps killing the only successful group opposing ISIS other than Assad, the Kurds)
The U.S. negotiating airbases in Turkey. lol, whats going on there?
Jay Taylor interviews William Engdahl (Gods of Money), he basically reiterates what we already know from Bill Stills work.
Interesting tho how the banks work and the populations never seem to catch on.
Of course more war is coming, the only question is how big.
Im voting NDP, (I don’t care if their socialist) they intend to withdraw all troops from the middle east.
I am in touch with people in Brazil thru a friend of mine, a couple years ago I began saying I figured it was a good idea for them to purchase gold, they insisted they knew all about it as they are in the fashion and jewellery business. I hope they knew all about it.
As do I, bb!
Why would anyone leave San Diego?
The new life of a company is now less than 17 yrs., where it use to be 150 yrs….info from zerohedge about two weeks ago.
I guess we beat the odds with longevity of about 35 years. Do I feel old? You don’t know the half of it!
Congrats on 35 years in business Big Al! Well done sir.
Hard to fire yourself…….. 🙂 oh, I forgot the dog…….
just kidding……………. 🙂
Yes, The Studio Dog, keeps Big Al on a tight leash…..
There is an advantage in having your wife as the President and the dog in charge of the studio!
It probably means stronger US dollar and weaker gold.
The BRICS seem to be going down like a ton of bricks.
Time to build that brick out house……………….
Not necessarily!
Everything that happened over the last 4 years has meant weaker gold.
Temple,
It looks like Brazil made a great move to me. They downgrade the bonds so savvy investors buy the bonds. Brazil unloads their debt. The savvy investor buys the bond at a steeply discounted rate to later leverage at a higher LTV.
It’s a win – win for everyone.
Interesting comment, Chart!
Neither a borrower nor lender be………………..Shakespeare
BIBLE…………PROVERBS.
CBN.com – People have often wondered if William Shakespeare had any involvement in the most important writing project of his time, the translation and prepartation of the King James Bible. Although there are no ways to verify this, at least one set of clues indicates Shakespeare probably had some involvement with at least the Old Testament part of the book.
William Shakespeare lived from 1564-1616. The creation of the King James Bible began in the year 1610, the year in which Shakespeare would have been 46 years old.
If you turn to Psalm 46 in the King James Bible, and if you count exactly 46 words into the psalm, you find the word “shake.” If you count 46 words back from the end of that psalm, you will find the word “spear.”
It just seems too coincidental to think that it was by fluke circumstances that the 46th Psalm would be translated around the time of Shakespeare’s 46th birthday and that the 46th word from the start and the 46th word from the end would be “shake” and “spear.” My professional opinion is, Shakespeare translated that section of the King James Bible and he slipped in a secret byline to prove it was his work.
Dr. Dennis E. Hensley is director of the professional writing department at Taylor University in Upland, Indiana. He holds four degrees in linguistics and literature, including a Ph.D. in English from Ball State University. He is the author of 52 books
Shakespeare was Sir Francis Bacon. Sir Francis Bacon worked to edit the King James Version of the Bible. One in the same.
Baconian theory of Shakespeare authorship
“The Baconian theory of Shakespearean authorship holds that Sir Francis Bacon, philosopher, essayist and scientist, wrote the plays which were publicly attributed to William Shakespeare.
Sir Francis Bacon was a scientist, philosopher, courtier, diplomat, essayist, historian and successful politician, who served as Solicitor General (1607), Attorney General (1613) and Lord Chancellor (1618). Those who subscribe to the theory that Sir Francis Bacon wrote the Shakespeare work generally refer to themselves as “Baconians”, while dubbing those who maintain the orthodox view that William Shakespeare of Stratford wrote them “Stratfordians”.
Baptised as “Gulielmus filius Johannes Shakspere” (William son of John Shakspere), the traditionally accepted author’s surname is spelled in several variants during his lifetime, but his signature is most commonly spelled “Shakspere”. Baconians often use “Shakspere”[1] or “Shakespeare” for the glover’s son and actor from Stratford, and “Shake-speare” for the author to avoid the assumption that the Stratford man wrote the work.”
https://en.wikipedia.org/wiki/Baconian_theory_of_Shakespeare_authorship
[There is no better English written this side of Shakespeare than that in the King James Translation.”-Charlton Heston 1992]
The 1611 King James Bible is ornamented with Bacon’s symbols and in my own special copy of the record edition, also dated 1611, these symbols are Rosicrucianly marked to call the attention of the initiated to them and to tell them that the 1611 Bible is without possibility of doubt, one of Bacon’s books…..When Bacon was born, English as a literary language did not exist, but once he died he had succeeded in making the English language the noblest vehicle of thought ever possessed by mankind. This he accomplished merely by his Bible and his Shakespeare.” –Edwin D. Lawrence author of Bacon is Shakespeare and The Shakespeare Myth from a lecture October 9, 1912
…The Bible which all of us read and admire from a literary point of view because of it’s peculiar and beautiful English was written in that form by Bacon who invented and perfected that style of English expression. The first editions of this Bible were printed under the same guidance and in the same manner as were the Shakespeare plays, and the ornaments for the various pages were drawn in pen and ink and on wood by artists engaged by Bacon who worked under his supervision. Everyone of the ornaments concealed some Rosicrucian emblem and occasionally a Masonic emblem or some initials that would reveal Bacon’s name or the name of the Rosicrucians. Such ornaments were put not only in the Christian Bible that Bacon had rewritten but in the Shakespeare plays, and in some of Bacon’s own books, and a few other books that were typically Rosicrucinan in spirit.– Dr. H Spencer Lewis Imperator of the Rosicrucian Order during the 1920-30’s, from the Rosicrucian Digest, April 1930
The first edition of the King James Bible, which was edited by Francis Bacon and prepared under Masonic supervision, bears more Mason’s marks than the Cathedral of Strasburg.-Manly P. Hall, from a lecture Rosicrucian and Masonic Origins 1929
Bacon edited the Authorised Version of the Bible printed in 1611. Dr. Lancelot Andrewes, Bishop of Winchester, one of the chief translators, was Bacon’s close friend. The MSS are missing. That Bacon revised the manuscripts before publication is certain. Neither Bilston nor Miles, to whom the MSS were entrusted for final revision, could have given the world such a literary masterpiece. We have their writings. They are mediocre, barren of style, lacking the creative touch.- Alfred Dodd, Francis Bacon’s Life-Story 1986″
Francis Bacon and the James 1st Bible
By A. E. Loosley
“Six groups, comprised of some 54 translators, produced the KJAV. Most of these people had no literary aspirations, and have left no written works. Those who have exhibit no outstanding literary quality in their works. In addition, the inability of a committee to produce anything of outstanding quality is proverbial. As for the Shakespeare works, the reputed author, William Shakspere of Stratford on Avon, is the most unlikely candidate imaginable. He had illiterate parents, illiterate children, and judging by the crabbed and incomplete six signatures he left behind was more than likely illiterate himself.
The solution to the ‘irreconcilable difference’ problem of the authorship of the ‘Shakespeare’ works is that Francis Bacon was the actual author. As far back as 1598, the year the ‘Shakespeare’ name first appeared on one of the plays, Joseph Hall and John Marston had works in print showing they recognized Francis Bacon as the actual author of these works. Subsequently various people, adding to what was begun by Hall and Marston, have amassed an imposing body of evidence for Bacon’s authorship. The articles on the present site (sirbacon.org) alone are more than sufficient to demonstrate that Bacon was the actual author of the ‘Shakespeare’ works.”
Francis Bacon and the King James Bible
by Mather Walker -2007
That is an amazing coincidence!
I always enjoy …..the pick and choose the articles to prove one’s point. A twist here, a turn there, most of which can be discounted if a true study is completed by the unknowing…….JMHO
bb…….QUOTE…..”there are no ways to VERIFY THIS”….Dr. Dennis E Hensley
Ph D. in ENGLISH……., a book writer….Biblical Scholar NOT
from the article above from Mather Walker:
“The idea that Bacon rewrote the translator’s manuscripts, far-fetched as it might seem on the surface, has additional support. Smedley said that, “Although not one of the translators has left any literary work which would justify the belief that he was capable of writing the more beautiful portions of the Bible, fortunately Bacon has left an example which would rather add luster to than decrease the high standard of the Bible if it were incorporated in it….
…There are a number of bits of evidence of lesser weight that tend to support Smedley’s claim. For example, if Bacon wrote the ‘Shakespeare’ works, and rewrote the translator’s manuscripts to produce the KJAV his mind would have certainly been filled with the Bible when he sat down to write The Tempest in 1611. It is interesting therefore that Stephen Marx in his 2000 book; SHAKESPEARE AND THE BIBLE, demonstrated The Tempest is permeated with reflections from the Bible. He shows the darkness and chaos at the beginning of The Tempest is a creation myth paralleling that in the book of Genesis in the Bible; that Prospero personifying God parallels the divine providence portrayed in the Bible; that the wandering of the King’s party on the island parallels the wandering of the children of Israel in the wilderness; and even that the masque at the end of the play with the apocalyptic vision parallels the apocalypse at the end of the Bible. Another example of evidence of lesser weight is the phrase from the above prayer where Bacon says, “Thy creatures have been my books, but thy Scriptures much more.” This could be merely an allusion to Bacon’s habit of reading the Scripture, except he often fashioned phrases with double meanings. In view of this it could also be read as saying that the KJAV was his book. It might be significant also that just as was the case with the First Folio, the manuscript from which the KJAV was printed has never been found. The late Penn Leary’s book, “The Oak Island Enigma” presented evidence connecting Francis Bacon to whatever is buried at Oak Island. Although whatever is buried there has never been recovered, a core drill brought up a manuscript fragment from a chest located some 153 feet below the surface.
Since Bacon used the ‘Shakespeare’ pseudonym, the peculiarity in the KJAV of the construction of Psalm 46 can be accepted as evidence that Bacon marked it to show his involvement. The 46th word from the beginning is ‘shake’ and the 46th word from the end is ‘spear’. In previous translations of the Bible these words had been placed differently in relation to the beginning and ending of the Psalm, and ‘shake’ had earlier been written ‘shoke’. It is evident there was more than coincidence involved, and if this was not coincidence it means that Bacon went to the trouble of arranging the text to identify his involvement with the rewriting of the KJAV. The ‘46’ connected to this establishes the certainly of the absence of coincidence. The ‘46’ seems to be a reference to the number of translators still alive when the KJAV was completed, and also to the fact that that Bacon’s ‘mask’ William Shakspere of Stratford on Avon was 46 years old at that time. No doubt, this detail was added to rule out the possibility that the anomaly was coincidence.
It should be remembered in connection with the question of whether in the KJAV Bacon rewrote the translator’s manuscripts to produce a masterpiece of literature that this is the same thing he had been doing with his Shakespeare plays for over twenty years. Rewriting source material produced almost all of these great masterpieces of literature. Compare Shakespeare’s Romeo and Juliet with his source Arthur Brooke’s “Tragicall Historye of Romeus and Juliet”, or King Lear with its source “The Chronicle History of King Leir”, or Macbeth with the source material from Holinshed’s Chronicles, or Antony and Cleopatra with its source in Plutarch’s Parallel Lives, and so on and so on.
Two works of Francis Bacon were published posthumously, The New Atlantis, and the Sylva Sylvarum. The New Atlantis was designed to link Bacon to the FF, specifically to The Tempest (see my essay A New Light on the New Atlantis). The Sylva Sylvarum was designed to link Bacon to the KJAV. Examine the title page from the KJAV below, and compare this with the Sylva Sylvarum title page below it. Both have an oval at the top enclosing the Hebrew name of Jehovah. Both have a peculiar drawing of a small angelic figure with a large head and tiny wings. In the KJAV New Testament this is at the bottom. In the Sylva Sylvarum there are two of these peculiar little angelic figures at the top, one on each side of the Jehovah oval. Is it coincidence that both title pages have two important features in common, or was the Sylva Sylvarum designed to shown Bacon’s connection to the King James Bible? Also the order of the subject matter dealt with in the Sylva Sylvarum (i.e. liquids, air, light, solid bodies, animals, man, and so on), follows the same order as the creation in Genesis (the deep exists in the beginning like a vast body of water, the spirit of God moves over it like air above the ocean, God says let there be light and there is light, then solid matter is created, then animals, then man, etc.).
William Smedley exhibited remarkable insight into Bacon mind and objectives. There is evidence to support his contention that Bacon rewrote the translator’s manuscripts to produce the supreme literary masterpiece of the KJAV. As to how persuasive this evidence is, I leave this to the reader’s judgment. Smedley said that, “…there was only one writer of the period [Francis Bacon] who was capable of turning the phrases with that matchless style which is the great charm of the Shakespeare plays. Whoever that stylist was, it was to him that James handed over the manuscripts, which he received from the translators. That man made havoc of much of the translation, but he produced a result which, on its literary merits, is without equal.” Although the other evidence is striking, when all things are considered this seems the strongest evidence for Smedley’s claim that Francis Bacon was responsible for the literary masterpiece that is the King James Bible.”
Walker is writing from 1999 to 2007….and any creditability would need to be documented ……..and her depth of GREEK, LATIN, AND HEBREW might need to be
answered to substantiate such a claim….
CONSIDER THE ….SIX GROUPS, OF 54 TRANSLATORS…….
THESE were a group of highly educated people in the SCRIPTURES , some known to have 20 different language .
Good stuff as per someone else’s observation…………… “)
Walker was simply writing an article about the research that William Smedley did into the 54 translators turning over their work to Sir Francis Bacon at the request of King James for Francis Bacon to edit the final prose. I don’t think what she was writing about had anything to do with the credibility of the 54 experts who were clearly chosen for their scholarship of ancient languages.
The point is that any true scholar of the Bible, that does research on how the book has morphed and changed into the book we get by the King James version, knows it didn’t pop out of heaven hard-bound and has been changed, mistranslated (accidentally and purposefully at times from Aramaic to Greek to other Latin-based European languages, and that is why there are actually so many different versions of the Bible that have been in use over the last 2000 years.
In early Christianity there was the no Bible at all for the first few centuries and people passed down mostly oral stories (as most people were illiterate at the time) and not the complete cannon of stories we have today. The 4 Gospels were written 65-95 years after the death of Jesus, and were anonymous, and not actually written by anyone named Mark, Matthew, Luke, or John., nor did any of the gospel writers actually know Jesus as they wrote their books long after his death. Based on thousands of years of scholarly research it is not commonly accepted in academic research that both Matthew and Luke used the Gospel of Mark and the “Lost Gospel Q” as it has been labeled from (AD 40-80). The gospel writer of Mark wrote it AD 65-70, Matthew & Luke were next at AD 80-85, and the writer of John was later at around 90-95.
Next the Canon of books used by the Essenes and Gnostics and early Christians, and people using the letters of Paul, etc.. created many more books than are no longer found in the bible (like the The Gnostic Gospel of Thomas, the Dead Sea Scrolls, and many of the Lost Books of the Bible from early Christianity’s history).
Dr Frank Crane in the foreword to “The Lost Books of the Bible” said it well:
” The Bible is growth. Many people do not understand that it is not a book written by a single person, but it is a library of several books which were composed by various people in various countries. It is interesting to know how this library grew and upon what principle some books were accepted and some rejected.”
This brings us to the First Council of Nicaea in 325 AD where some books made the cut and others didn’t.
‘The First Council of Nicaea (/naɪˈsiːə/; Greek: Νίκαια [ˈni:kaɪja]) was a council of Christian bishops convened in Nicaea in Bithynia by the Roman Emperor Constantine I in AD 325. This first ecumenical council was the first effort to attain consensus in the church through an assembly representing all of Christendom.[5] It was presided by Hosius of Corduba, a bishop from the West.
Its main accomplishments were settlement of the Christological issue of the nature of the Son of God and his relationship to God the Father,[3] the construction of the first part of the Creed of Nicaea, establishing uniform observance of the date of Easter,[6] and promulgation of early canon law.[4][7]”
So even 325 years into the story, people were still debating how the details were to get resolved between arguing factions and how the final make up of the books in the Bible and the translations used were to be used.
There is a great book by Professor Bart Ehrman called “Misquoting Jesus” that gets into how many mistakes in translations from language to language or due to personal prejudices of the translators or scribes. One of the points he makes in the book is that there are actually more mis-translations of the Bible in existence than words in the New Testament. It’s a fascinating read.
The point is, the book has been collected from many writers and many time periods and none of the writers of the New Testament literally had a first-had account of Jesus as their books were written long after he had passed away off oral stories. Some books made the cut and some didn’t over time, as the church grew in power. By the time of the monumental effort made to create the King James version of the bible, the crown hired the 54 translators and they did the translations (most were great, but some translations have been greatly changed from their Aramaic language roots before Greek and before that was further translated into old English. It was Sir Francis Bacon (aka Shakespeare) that actually edited down these translations, and put the beauty into the prose of that translation and added his artistic touch to that version. Remember, there are many many versions of the Bible, but the King James version is eloquent in a unique way due to Bacon’s involvement.
Unfortunately not all that is written is the truth.
Seek and ye shall find.
Agreed. That is point. People so often put up billboards or quotes and have no idea if that is what was actually written, much less if it mirrors what was literally said.
There are so many mis-translations and different times in history where people debated what books should be included, how words should be translated, so many different versions of the bible, so many other works and stories of other cultures that were absorbed and included in the story, and so many challenges from Aramaic, to Greek, and then to other languages like English, that we’ll never know what was written originally. In addition, all the writers based their written pieces on oral stories long after the events actually happened and the people involved were dead for several generations.
FFM – I absolutely agree that:
“Knock, and the door shall be opened. Seek and ye shall find.”
Much love. Peace be with you my friend.
And to you Shad!
✔✔✔✔✔✔
To BE, or Not To Be…………….
Is that the question?
To be found faithful…….would be a key to scripture
Frank, I just posted the Shakespere thing for fun.
That religious stuff just goes round and round if you ask me.
Anyway, you mention “pick and choose”, well, that’s exactly what the authors of the many different christian bibles do no?
Many examples of course, one of my favorites is the Moses leaving Egypt story,
in any case, in at least 1 bible last verse of John is if everything Jesus did the books would cover the earth.
Something like that anyway, so, obviously everything is not recorded by the authors of the bibles, or, Johns an exaggerator.
My thinking, Johns telling the truth and giving a clue, there are more records than what the Christians tell people.
Just yakkin her, don’t mean nutin.
Hello, bb….
Thanks for posting.
I thought it quite interesting.
Although, I am not sure if it was a paste and post or an exploration in truth.
PS. I am cutting back on my debates, since this is a PM SITE………….. 🙂
Sure, but the other stuff i_ fun!
I thought that was from the Bible! (In so many words!)
Thats is true, Chartster. Actualy, Brazil is dumping all the US treasuries they can.
Surely this is another reason to go long conventional stocks before the Fed meeting – i.e. the Fed CAN’T raise rates and once rates are not raised then the stockmarkets will soar again?
Or am I missing something?
I don’t think that you are missing anything at all.
By the way, ever figure out why you could not comment?
The Standard & Poors does not deserves any attention for me, because they upgrated Lehman Brothers just before the BIG CRASH in 2008. And further more, Soros bought A LOT of Petrobras equities last month…
Shad,
Great stuff!
Salutations!
Brazil could need a bailout years from now and it will be a much bigger problem than Greece.. Their debt was forgiven I think decades ago when they owed 70 billion I think. Just can’t remember the details.
JUNK……………..more to come.