"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Sunday, December 4, 2011

Your Money Isn't Safe Unless It's In Your Pocket

Burned by MF Global, Gerald Celente goes on a rage to expose the cabal for what it is.  When this shameless, pathetic firm broke the trust of all market participants and stole client money to fund some big shots big idea, Celente could do nothing but watch as the Feds transferred his gold contracts to other firms.  As he watched, these contracts he bought sometime in the past managed to change delivery price.  He paid over $1400 for a December 2011 delivery.  When his contracts were transferred, they changed to over $1770.  Since gold didn't rise above that price, his contracts expired and his money was thus gone again.  Truly remarkable.

Part 1

Part 2