Flatulent Bears (Text Transcript) for Deaf Day Traders - Part Deux

I am going to scoop the YouTube CC (closed captioning) bot with my superior human transcription of "JP Morgan Silver Manipulation Explained - Part 2" for deaf day traders. The cartoon bears are back and explain backwardation, that there is no actual physical silver left on the market and that the fraudulent fractional reserve gold system at the BIS (Bank of International Settlements) which apparently is controlled by The Ben Bernank and other central bank heads might hit the fan.

The tan colored bear in the cartoon speaks with a North American mid-western accent and the clueless brown bear speaks with a British accent.  The tan bear knows a trader at The JP Morgue who has given him useful insider info. The brown bear's spastic colon has perhaps worsened since part 1.

The transcript of the above video is as follows:

Tan Bear:	So we are back, after being on ZeroHedge.com, and I have some insider info from a trader at the JP Morgue this time. I'm going to blow the whistle again on a few things. [high pitched policeman's whistle noise]
Brown Bear:	I have already made a sh*t ton of money on the last video. So let's hear what shennanigans they are up to now.
Tan Bear:	Fair enough sheep. Word has it that the LBMA is on fire.
Brown Bear:	What is the LBMA, and why is it on fire?
Tan Bear:	The LBMA is the London Bullion Market and this is where the fire is. We didn't even see the smoke, it went straight to fire.
Brown Bear:	I'm getting bored again like last time, possibly because I've had so many immunizations. My ADHD is acting up.
Tan Bear:	The LBMA is where the central bankers are skinning the sheeple. The silver at the LBMA is in backwardation right now and has been for an unprecedented time.
Brown Bear:	What is backwardation? And why should I care?
Tan Bear:	Backwardation occures when there is market manipulation, when there can be no delivery arbitrage, because the asset is not currently available for purchase.
Brown Bear:	Has this happened before?
Tan Bear:	Who cares?
Brown Bear:	W-T-F? What do you mean who cares? What's the point to this video then?
Tan Bear:	Here's the insider info. A trader at The JP Morgue has told me something noone wants to hear.
Brown Bear:	Well...go on I'm listening now. My riddlin has kicked in. [cash register noise KA-CHING!]
Tan Bear:	There is no commercial silver left. It's all smoke and mirrors. It's the biggest dog and pony show known to mankind and the CFTC can do nothing about it other than pray.
Brown Bear:	Elaborate please. I don't speak sh*tstorm.
Tan Bear:	Do you really want to see how deep the rabbithole goes?
Brown Bear:	Yes. Give me the red pill.
Tan Bear:	OK I'm going to move fast so listen closely. This smoke signal, which is now raging fire at the LBMA as backwardation...this means there is no physical metal. We are already certain, as per my JP Morgue insider, that--get this--that the COMEX is settling in fiat paper. Millions of ounces have been moving in and out of the COMEX with enormous adjustments. This has never happened before...ever.
Brown Bear:	Houston, we have a problem.
Tan Bear:	I haven't even told you the good stuff yet. My insider has informed me, that there are two people on the CFTC that are on the JP Morgue payroll. I'm not sure who they are, but if I were blind I could see it being The Gens, The Dunn or The J Somm.
Brown Bear:	Why do we care about these people?
Tan Bear:	What I am about to tell you is Wikileak material. The five CFTC commissioners are the last bastion of hope for the American people. If they choose not to mandate position limits on silver then The JP Morgue will win.
Brown Bear:	I'm not sure that is Wikileak material, you donkey. But I see what you're getting at.
Tan Bear:	I'm not done. There are two more problems that may help the sheeple get out of this alive. There is a big problem at the BIS.
Brown Bear:	What's the BIS?
Tan Bear:	The BIS is the Bank of International Settlements. Would you care to know who runs the show there?
Brown Bear:	Let me guess? Your mother.
Tan Bear:	The Ben Bernank.
Brown Bear:	Oh boy, here we go again.
Tan Bear:	Guess who else is on the board there?
Brown Bear:	Blanky?
Tan Bear:	All the central banks' chairmen from all over the world. Please don't sh*t your pants when I explain what they've been doing with the international gold and silver swaps.
Brown Bear:	[obnoxious flatulence noise BRRAAAPPP! brown bear has likely soiled himself] Just [unintelligible]. Sorry mate.
Tan Bear:	The BIS has been running a fractional gold system. This will make The JP Morgue's manipulation look like Disneyland.
Brown Bear:	Well what are they doing over there.
Tan Bear:	They are conning countries like India in to buying gold in to the site accounts.
Brown Bear:	What is a site account?
Tan Bear:	The site accounts at the BIS are the fraud accounts. They pretend to allocate gold to other major players that aren't in their little circle jerk. [whurr, whurr, whurr, whurrrrr descending notes on tuba]
Brown Bear:	And just who is at the circle's jerk at the BIS?
Tan Bear:	All the major fiat printers like The Ben Bernank. But most importantly, King Merv.
Brown Bear:	Why is The King Merv so important?
Tan Bear:	Because he is loosely in charge of the LBMA.
Brown Bear:	You are making this sh*t up right? You have to be kidding me? Is this silver thing just a big web of fraud and lies?
Tan Bear:	Remember that 200 tons of gold that was bought by India a while back?
Brown Bear:	Let me guess. That went in to a comingled unallocated site account?
Tan Bear:	Of course it was. A trader at The JP Morgue has told me that China and Russia are laughing their heads off right now. It's no coincidence these two countries are requesting the actual physical [unintelligible]. The are smart enough to move it to their shores. The trust has been broken.
Brown Bear:	F-M-L
Tan Bear:	The Chinese are moving the physical to their shores. Last week's increase in mortgage interest rates was a smoke signal.
Brown Bear:	This is insane.
Tan Bear:	Is it? You must be living with normalcy bias, aren't you.
Brown Bear:	Jimmy Moore, Jimmy Moore. I love this end of the world stuff.
Tan Bear:	Do you know what will happen when there is a run on the unallocated accounts at the BIS?
Brown Bear:	Sh*tstorm [obnoxious spastic colon noise BRRAAAPPPP! brown bear must have brown underwear by now]
Tan Bear:	I thought The JP Morgue was balls deep in this but it seems we have an elephant in the room now. You had better look up the term "normalcy bias" because it's about to be put to the test.
Brown Bear:	What do we do?
Tan Bear:	Get off your ass, go down to the coin store or online bullion dealer and order physical. Don't worry about the price. Price means nothing. And if you leave here today with anything, leave with this. Price is fiat forget about it. You'd better start watching the physical markets.
Brown Bear:	[obnoxious flatulence noise BRRAPP!] Sorry mate. Your seriousness reminded me of $500 an ounce silver again. [obnoxious stacatto flatulence noise BRAP!] Oh boy.
Tan Bear:	You'd better so something about this, America. You are the only ones left to save our souls. Instead of buy a flatscreen TV go buy a tube of maples or eagles. Save yourself. The Chinese are selling their worthless fiat for silver. Are you?
Brown Bear:	Is this the last of The JP Morgue manipulation?
Tan Bear:	No. It seems we just got word from The Butler that the Chinese are holding the short swaps on The JP Morgue's books. But we will explain that debacle in part 3.

Schiff Strikes Back: Why Gold is NOT a Bubble

Peter Schiff defends Austrian economics against the recent New York Times article titled When Zombies Win by Keynesian Nobel laureate Paul Krugman. Mr. Schiff also explains why pundits who are bullish on the US economy in 2011 are wrong and why gold is not a bubble and will at least double from its present level.

Conspiracy Oil Trade Update: Rest in Peace Ken Fromm

Disclaimer:  Since the information contained within is so controversial, I encourage you to read my blog disclaimer in the lower left panel which applies to all content within this blog.  With regards to this article, I am merely reporting to the best of my ability the information sources I have referenced and make no claims as to the accuracy or efficacy of the information disclosed.

The brave Atlantic Richfield Chief Operating Officer Ken Fromm, who warned us of the plot to manipulate oil up to $150-$200 per barrel by the ruling elite (globalist/internationalist oligarchs) has passed away a few days ago per Pastor Lindsey Williams, chaplain to the trans-Alaska oil pipeline project.  An elitist himself, Mr. Fromm's conscience persuaded him to confide in Pastor Williams information he wanted shared with the public to prepare us for the impending economic collapse planned by the globalist elite.  Spending three years as the chaplain to the Alaska oil pipeline project gave Pastor Lindsey Williams privileged access to elite oil executives and World Bank/IMF members.  The chaplain's work boosted the morale of the workers and was well regarded amongst the executives, who gave Pastor Williams executive status in lieu of a salary, which his calling as a chaplain did not allow him to accept.  Pastor Williams lived amongst the elites, ate with them, formed friendships, sat in on their board meetings and was privy to inside information and documentation.  Two of the executives formed very close friendships with the pastor (the two Mr. X's, including Ken Fromm) and were the only individuals willing to confide in him and disclose the secretive plans of the globalist elite.

Apparently there is a second elite insider (referred to as the second Mr. X in past interviews) who is still living.  The identity of the individual is known to both Alex Jones and Lindsey Williams but has been withheld per request.  We do know from the interview I have embedded here (part 1) that the individual in question is 69 years of age, is a former retired executive (CEO) of a "major big 3" oil company and has offered to pick up the torch carried by Ken Fromm by continuing to reveal insider information disclosed to himself by other globalist elite.

Following is the information disclosed in the latest Lindsey Williams interview detailing some of the elites' plans:

1. Old disclosure by Ken Fromm:  $150-$200 per barrel oil is planned within 6-8 months of the October, 2010 interview (e.g. by June 2011).  The elites will try to push oil and the American people as far as they can.

2. European Union will have major problems, and the Euro currency will collapse before the dollar.  Once the Euro collapses you will have only 2-3 weeks to get out of anything that is paper (bank account, investments, IRA, 401k, etc.).  Per Lindsey Williams, you must cash these in at any costs.  You can not depend on social security for very long.  Your insurance policies will become worthless.

3. Learn to recognize the elites' buzzwords and read between the lines.  The globalist elite have a code of ethics which is different than our own, which is not based on religion.  Their elitist code of honor states that they must tell us what they do, before they do it.  The way the plans are communicated is not transparent, but rather through coded language, or certain "buzzwords".  The average person will listen to the public disclosures but not recognize their significance.  Two examples are given by Pastor Williams of how Mr. X number 2 (the elitist who is still living, who will henceforth simply be referred to as just Mr. X since the first Mr. X is already known to be Ken Fromm) has trained him to listen for the "buzzwords" and read between the lines:

Example 1:  The IMF recently announced [within a few days of this interview] that 15 of the major developed country governments including the UK, Spain, the United States and Greece must raise $10.2 trillion to do nothing but to repay the interest on the indebtedness of these countries.  Mr. X asked Pastor Williams, if it is possible to repay this debt?  Pastor Williams answers, "no".  This 10.2 trillion is 27% of these 15 countries' combined economic output and can not be repaid.  "So what will happen to the currencies of the US, Japan, UK if this debt can not be repaid", asks Mr. X?  "It's got to collapse", says Pastor Williams.  Mr. X says, "We told you all the time what was going to happen but the average American doesn't have sense enough to understand what we are trying to say."   [2, 3:20 in to clip]

Example 2:  Take the COMEX silver exchange.  Mr. X tells Williams, "Listen to what they told you last week."  The COMEX silver exchange are the ones who hold silver and gold for the richest people in the world, including China, Japan and Russia.  They give you a piece of paper (a contract) as a voucher for the actual silver held by them in their vaults.  The COMEX has only 107 million ounces of silver on hand but 720 million ounces worth of contractual obligations.  Mr. X asks, "When people start to ask for the delivery of that physical silver what is going to happen to the price of silver?  Mr. Fromm told you about a year or two ago that the only thing that you could spare your assets in is silver and gold."   [2, 5:20 in to clip]

So obviously the buzzwords in this case were IMF (International Monetary Fund) and COMEX, and it is up to us to read between the lines, such noticing the math does not add up.

4. Lindsey Williams believes Stephen A. Schwarzman chairman and co-founder of the Blackstone Group is one of the globalist elite, because he said last week that he (Schwarzman) was leaving the country.  [2, 8:26 in to clip]  Many of the super wealthy per Alex Jones and Lindsey Williams have moved to remote locations or are preparing/have already left the country [obviously to avoid public riots if there is a breakdown in society].

5. When the Federal Reserve starts to buy the United States' own debt, "it is practically all over" because China and Japan and other countries are not buying our debt as they used to.  The Federal Reserve is borrowing 100 billion dollars every 30 days currently.

6. Collapsing the United States is for the purpose of scooping up assets for pennies on the dollar after everything has been bankrupted.  Giving an example, Lindsey Williams states Chrysler and GM were collapsed in this fashion and bought up by the elites after a bailout at the taxpayer's expense. [3, 30 seconds in to clip]

7. Direct quote, "The Federal Reserve are basically the elite, along with some others with them."

8. 1.5 years ago, Mr. Fromm told Lindsey Williams that in 2 years you will not recognize America.  By 2012 the dollar will be dead.  In nearly two years everyone will be working for the government.

9. The plan [to collapse the United States] has been in place for 35 years.  Alex Jones (the radio presenter) interjects that once the engineered collapse is instigated, the population will be suppressed via the police state control grid which has been constructed around the American people before-hands [under the guise of keeping us safe from terrorism].

10. Devil's Messiah Plan:  In order to bring in the New World Order, God had to be removed via the introduction of evolutionary theory and the control of churches via 501(c)(3) organizational status, in order that the foundation of our society could be subverted.  Alex Jones interrupts at this point and states, "even if you are not a Christian you have to understand that social engineers have to get rid of the old order to bring in the new order so that they have dumbed us down [via toxins in our food and water, propaganda in the media and a sub-par education system], taught us not to have morals so we couldn't recognize tyranny and resist it." [ 4, 4:30 in to clip]  The European Union is part of the "Devil's Messiah" plan.  More than 10 states have been added to the EU which was intended to discredit prominent Bible scholars, who said that the EU was the fulfillment of the Book of Daniel and Revelations, which predict 10 "toes," or states.

11. America:  This is the elites' most difficult challenge.  In other words, there is still a chance we can resist and turn things around.

12. The elites' plan is to own every single thing in America.  Pastor Williams uses as an example, if/when there is a MBS (Mortgage Backed Securities) bailout, the elites will take over every bit of mortgage real estate in America whether it be commercial or residential.  If/when this happens, you will henceforth be making your payment to the Federal Reserve.

13. Pastor Williams is very adamant about the following point:  Get every bit of gold and silver you can lay your hands on!

14. Gasoline should rise to over $4.00 a gallon at least.

15. Watch insider trading.  The elites, CEOs and other prominent corporate and financial leaders, know what is coming and when.  They are/will be cashing out big time.

16. With regards to the Arab world, most of them are trapped in to using the US dollar for trade (such as Saudi Arabia and the UAE) because of an agreement made years ago with Henry Kissinger.  The Arabs did bring the price of crude oil down for the purpose of putting certain countries in to a certain position where the elites wanted them. [4, 5 minutes in to click]  At this point interview time is running short, so details are missing.

17. Regarding Iran, Iraq, Afghanistan:  Henry Kissinger made an agreement years ago with Iran, which Iraq refused to go along with.  Iraq was therefore invaded, plans of which were premeditated well in advance.  It is implied that the invasion of Afghanistan is premeditated as well (e.g. not as a reaction to terrorism), but again details are missing because the interview time is short.

18. Old disclosure:  The Gull Island oil find, which was classified by the US government and permanently capped, revealed that there is enough domestic oil under the Alaska National Wilderness to last two hundred years at a cheap cost, without ever having to buy a drop of foreign oil.  The American people have been prevented from having this by the elite. Details are again missing in the Alex Jones interview, but I included the video lecture and article link that goes over the old information concerning the oil find at Gull Island. [5,6]  There is also a book written by Lindsey Williams called The Energy Non-Crisis which details the Gull Island oil find. [7]

19. The elites' last act will be to muzzle conservative talk show hosts such as Alex Jones, and then liberals ones.  Before/if Alex is silenced he will make a great outcry which will alert other media outlets to the danger to themselves.

Recently released by Lindsey Williams are the audio recordings of the words of the elite and their spokespeople which has been compiled in to a two and one half hour presentation called Confessions of an Elitist, available from prophecyclub.com. [8]

As always traders, do your own due diligence.  Although I personally trust the research diligence/accuracy of Alex Jones and the honesty of Pastor Lindsey Williams, it is always possible that disinformation has been fed to them for whatever reason.

I have embedded the play list of all four parts of the interview here for your convenience:

__________________________________________
Sources:
[1] Lindsey Williams Returns: Confessions of an Elitist - Alex Jones Tv 1/4  TheAlexJonesChannel, YouTube
[2] Lindsey Williams Returns: Confessions of an Elitist - Alex Jones Tv 2/4  TheAlexJonesChannel, YouTube
[3] Lindsey Williams Returns: Confessions of an Elitist - Alex Jones Tv 3/4  TheAlexJonesChannel, YouTube
[4] Lindsey Williams Returns: Confessions of an Elitist - Alex Jones Tv 4/4  TheAlexJonesChannel, YouTube
[5] Lecture:  The Energy Non-Crisis Lindsey Williams, YouTube

[6] Gas Price Manipulation and Gull Island Oil Joel Skousen, World Affairs Brief 5/18/2008
[7] The Energy Non-Crisis Lindsey Williams
[8] Confessions of an Elitist Lindsey Williams

IRS Leeches Meh Free Prize

I managed to get 9th place in the one month tradelikeamonster contest sponsored by optionMonster.com, but will have to pay taxes on the free prize. Grrr, IRS.

Here is a screen grab of how the contest ended:

I saved a bunch of screen shots throughout the progress of the contest, which are listed here in reverse chronological order:

November 24, 2011 6 days before end of contest, final portfolio which did not change until the end. The MOS call really knocked me down, was trying for Thanksgiving rally, didn't get it:

November 12, 2010 18 days before end of contest.  APC and EXK were the best performers in the portfolio overall:

November 10, 2010 20 days before end of contest:

November 8, 2010 21 days before end of contest (after 3 days of trading, waited for QE2 announcement before doing anything):

Flatulent Bears (Transcript) For the Deaf

I noticed there were no closed captioned subtitles for deaf people so I have transcribed the audio from the viral YouTube video "JP Morgan Silver Manipulation Explained" for deaf day traders.


The transcript of the above video is as follows:
The tan colored bear in the cartoon speaks with a North American mid-western accent and the clueless Brown Bear speaks with a British accent.  One or both of the bears has a spastic colon.

Tan Bear:	Hey, wanna know some insider info?
Brown Bear:	Sure, but I know the Goldman Sack only gets the insider info?
Tan Bear:	Yeah they do, but I have something that you can bet the farm on that I got from a trader at the Goldman Sack. I'm blowing the whistle on the JP Morgue. [whistle noise]
Brown Bear:	A sure thing?
Tan Bear:	Yup, listen closely.  The Fed has been using the JP Morgue as its proxy for flooding the silver market with unbacked naked short orders.
Brown Bear:	[Unintelligible] What's a naked short order, and why should I care?
Tan Bear:	A naked short order is when the JP Morgue borrows silver they never had and sells it on the open markets.
Brown Bear:	So...The JP Morgue is selling silver they never had.  Big deal.  Doesn't this happen every day?
Tan Bear:	Sure it does but listen closely...Can you run with your pants down?
Brown Bear:	No.
Tan Bear:	The JP Morgue's pants are down right around its ankles right now, and they are trying to run a marathon.
Brown Bear:	I don't understand [shaking head]?
Tan Bear:	For a while now the fraudulent Ben Bernank of the Federal Reserve and the J Dimon of the JP Morgue have been collaborating to make billions in the silver market. [cash register noise KA-CHING!]
Brown Bear:	Is the Ben Bernank and Dimon married?
Tan Bear:	Yes [obnoxious grunt noise HUUUUUHHHH!] but not as homosexuals.  It's worse than that.  They are married to skin the sheeple again.
Brown Bear:	What are sheeple?
Tan Bear:	People that invest like sheep, that usually get slaughtered.
Brown Bear:	I see.
Tan Bear:	The Ben Bernank uses the JP Morgue as its proxy to short the silver markets for obvious reasons.
Brown Bear:	I am stupid; it is not obvious to me.
Tan Bear:	Were you dropped on your head as a baby?
Brown Bear:	No.
Tan Bear:	Nothing can be worse than the rising silver price to The Ben Bernank.
Brown Bear:	Why?
Tan Bear:	The higher the silver goes, the more worthless the paper fiat money is, that The Ben Bernank prints for free.
Brown Bear:	The Ben Bernank prints money for free?
Tan Bear:	Yes.  The Federal Reserve Act was signed on Christmas Eve while everyone was waiting for Santa Claus.
Brown Bear:	Who cares?  It's still part of the Federal government.
Tan Bear:	The "Federal" in Federal Reserve is no more federal than the shipping company Federal Express.
Brown Bear:	What's this have to do with silver?
Tan Bear:	The Ben Bernank's enemy is a rising silver price.  It makes his worthless pieces of paper called legal tender Federal Reserve notes less valuable.
Brown Bear:	When can I make money, I'm getting bored here.
Tan Bear:	Hold on sheep I am getting there.  When the Ben Bernank Fed needs to keep the price of silver down he calls his marriage partner J Dimon at the JP Morgue and gives him some paper.  The JP Morgue then uses this paper to short the silver market when The Ben Bernank gets paranoid.
Brown Bear:	This seems like Disneyland.
Tan Bear:	Hold on sheep the punchlines are coming.
Brown Bear:	Good I bored.
Tan Bear:	The 5000 year historical gold to silver ratio is 16:1.  Gold is now at $1400 an ounce.  What should silver be trading at?
Brown Bear:	Let me think...Somewhere around $80 methinks?
Tan Bear:	Silver is trading at $25 right now.
Brown Bear:	I am interested now.
Tan Bear:	Now listen to me closely here is the punchline.  The JP Morgue is short over 40% of the net contracts.  But they aren't short the actual physical silver bars and coins.  They are short the paper contracts.  If they had to buy and cover their naked short contracts in the open market it would take 3 months in a normal flat-priced market to do so.
Brown Bear:	So what happens when people find out they have been The Ben Bernank's proxy, and start buying silver to revert back to the 16:1 ratio?
Tan Bear:	Well, you can't run with your pants around your ankles right?
Brown Bear:	No?  Is this a big deal?
Tan Bear:	This is the biggest deal since the November General Motors IPO
Brown Bear:	[punctuated obnoxious flatulence noise BRRRAAAAPPP!] I am not bored any more.
Tan Bear:	I haven't even told you anything yet.  They hold the physical silver bars in London and have been leasing them out.
Brown Bear:	Can I lease them?
Tan Bear:	No you are a sheep.  The open interest activity as of the fall of 2010 has been indicating there is no silver at the COMEX and it is getting very low because the smart money is withdrawing the silver at an alarming rate. [loud alarming buzzer noise BUZZZZZ!]
Brown Bear:	I'm connecting the dots now.
Tan Bear:	Here is the insider info.  There is a group of traders in London who are going to start to accumulate and buy silver contracts.
Brown Bear:	Won't The Ben Bernank just give more fake money to The JP Morgue to short?
Tan Bear:	They can't, the JP Morgue is under investigation by the CFTC and has been sued by class action lawsuits for silver manipulation.
Brown Bear:	I'm not bored anymore.
Tan Bear:	The JP Morgue recently called his friends at the CME because silver prices were skyrocketing to $29 which was 30 year highs.
Brown Bear:	What did he JP Morgue tell them?
Tan Bear:	They told them to raise the margin requirements by 30 percent.
Brown Bear:	I feel like I'm in Disneyland.
Tan Bear:	This stopped the price of silver immediately and retracted 10 percent in two hours.
Brown Bear:	How serious is this problem?
Tan Bear:	Well let me explain what will happen.  COMEX default generates a short squeeze, then physical silver spot prices jumps dramatically.  Pick any multiple.  Major banks, hedge funds who have naked short positions will be killed.  Losses will be in the tens of billions, and possibly trillions.  Ability to purchase physical silver will be extremely difficult if not impossible.  Banks or countries may be forced to start hording physical silver.
Brown Bear:	The sh*t will hit the fan?
Tan Bear:	This will make the 2008 financial crisis look like a cakewalk.
Brown Bear:	Am I dreaming?
Tan Bear:	No.
Brown Bear:	So let me get this straight...The JP Morgue is actually short more paper contracts than actual silver rounds is in existence?
Tan Bear:	Yes.
Brown Bear:	The Asians are figuring this out?
Tan Bear:	Yes.
Brown Bear:	Once they start buying the JP Morgue will have to start buying back?
Tan Bear:	Yes.
Brown Bear:	Once the JP Morgue starts buying back, and pushing the price higher people will run on the COMEX and demand their physical silver?
Tan Bear:	Yes.
Brown Bear:	When they run on the COMEX and figure out there is not any physical silver their sh*t will hit the fan?
Tan Bear:	Yes, diarrhea. [obnoxious flatulence noise BRRRAAAAPPPPP!]
Brown Bear:	So when the sheeps' feces is smeared on their faces this will be bad?
Tan Bear:	Extremely.
Brown Bear:	Can this bankrupt all currencies in a matter of months?
Tan Bear:	Days.
Brown Bear:	What is the probability of this actually happening?
Tan Bear:	It's already happening; the tipping point is near.  Do you want to bankrupt the JP Morgue?
Brown Bear:	Yes.
Tan Bear:	Start buying silver coins and bars.
Brown Bear:	Can I buy the SLV exchange traded fund on the New York Stock Exchange?
Tan Bear:	No.  Guess who the custodian is for that ETF?
Brown Bear:	Your mother?
Tan Bear:	The JP Morgue.
Brown Bear:	You have to be kidding me?
Tan Bear:	Buy as much physical silver as you can.
Brown Bear:	I feel like the JP Morgue is balls deep in this one.
Tan Bear:	That's what she said.
Brown Bear:	On a scale of 1 to 10 how does this rank in terms of biggest financial fraud cases?
Tan Bear:	This is the biggest scam in the history of monetary civilization.  Is this enough insider info for you?
Brown Bear:	I'm about to have a spastic colon.
Tan Bear:	Start by looking at www.silvergoldsilver.com
Brown Bear:	What?
Tan Bear:	You can buy quality silver at silvergoldsilver.com
Brown Bear:	I love you.  Is this video about to go viral on the Internet?
Tan Bear:	Yes, but that's not the good news.  If silver reverts back to its historical ratio--and it will--and the JP Morgue squeezed silver is projected to hit $500 an ounce.
Brown Bear:	[obnoxious spastic colon noise BRRRAAAAAPPPPPP!] I think I just sh*t my pants!
Tan Bear:	Go buy a silver coin and bankrupt the JP Morgue.  The campaign has already begun.  Get it while its cheap.
Brown Bear:	[obnoxious spastic colon noise BRRAAAAPPPPPP!]  I think I just sh*t my pants again.  $500 an ounce?  What was the website again?
Tan Bear:	www.silvergoldsilver.com
Brown Bear:	[obnoxious spastic colon noise BRRAAAPPPP!][cash register noise KA-CHING!][Brown Bear puts left paw over behind to check himself (for diarrhea?)]

Blacklight Power, Inc. Survives Over a Decade of Skepticism

Dr. Randal Mills founder of alternative energy company BlackLight Power, Inc. has largely been ridiculed or at least met with huge skepticism by most of the mainstream scientific community for his theory of atomic structure which allows for an energy state lower than the presently accepted "ground" state for the hydrogen atom (and in general allowing for fractional electron orbits not following known quantized energy states). [1, 2, 3]  Dr. Mills calls hydrogen atoms in this lower than ground state hydrinos.  When electrons in an atom transition from a higher energy level orbit to a lower one, energy is released (such as in the form of photons or heat).  According to Mills, a transition of hydrogen down to this compressed hydrino state produces energy output 200 times greater than the combustion of hydrogen. [4]  This level of energy output is not as intense as a nuclear fusion reaction (where the nucleus of two atoms are fused together to form a heavier element, releasing a vast amount of energy in the process, as is thought to occur within our sun whereby hydrogen nuclei fuse together to form helium atoms) but would be the holy grail of low energy physics in terms of power generation.

I think that the scientific community should start to take Dr. Randal Mills a bit more seriously, even if his hydrino theory seems to defy orthodox interpretations of quantum mechanics.  There has been compelling independently verified experimental evidence measuring the excess energy produced by BlackLight Power's chemical process where credible individual scientists or scientific institutions have been given Mills power cells to evaluate. [1]  Rowan University has done the bulk of the testing and validation of the BlackLight Power process, including re-creating the reactants from scratch themselves rather than just testing ready-made cells.  Rowen University in New Jersey is a reputable institution ranked number 23 by the U.S. News and World Report article Best Colleges 2011. [6]  The studies by Rowan University involve both calorimetry measurements (of heat output) with regards to the two kinds of thermal cells and measurement of the CIHT (Catalyst Induced Hydrino Transition) variety of electrochemical cells which produce electricity directly.  Both measuring methods have been shown to produce excess energy output that can not be explained satisfactorily by known chemical reactions or scientific theory.

Many scientists who disagree or are ambivalent with regards to Dr. Mills' hydrino theory do praise his experimental design and methods and at least concede that even if the Mills hydrino theory is flawed or wrong altogether that there is "something going on" with regards to the excess energy production within the BlackLight Power cell which can not be explained by conventional means. [1]  The most recent November 29, 2010 press release from BlackLight Power, Inc. details additional independent validation of the BlackLight Power process by both Rowan University and the Harvard Smithsonian Center for Astrophysics (CfA). [7]  In the press release Rowan University announces its independent verification of the BlackLight Power CIHT (Catalyst-Induced-Hydrino-Transition) process which is an electrochemical process that produces electricity directly.  Quoting the Rowan University scientist Dr. K.V. Ramanujachary who headed the CIHT study:

“The chemicals used in CIHT technology are similar to those used in thermal and chemical cells that were separately, thoroughly and diligently validated over the past three years by a team at Rowan University that included myself.  Since the measurements on CIHT are electrical versus calorimetric, there can be no dispute over the power and the energy balance.  With further optimization, there is no doubt that this technology will present an economically viable and environmentally benign alternate to meet Global energy needs.  If advanced to commercialization, it would be one of the most profound developments ever.” [7]

The CfA experiment was headed by Alexander Bykanov, PhD under contract with GEN3 Partners and uses a spectrometer to measure the light wavelengths (and thus energy transition levels) emitted by hydrogen which has undergone the BlackLight process. [8]  Quoting Dr. Mills:

“This is smoking-gun evidence of the existence of hydrinos.  The light signature observed is from pure hydrogen and exists at a much higher energy level than deemed possible for this element in any known form.” [7]

As a layman I do not have the in-depth scientific background to go toe-to-toe in an intellectual dispute with either the notable and well credentialed detractors (including theoretical physicist Dr. Michio Kaku who hosts the popular Scifi Science television series) or proponents of Dr. Mills' hydrino theory.  However, through exercise of common sense, it seems obvious that if the experimental evidence is valid and credible (which it definitely appears to be), no matter how implausible the conclusion it points to might be, at least this requires that one should take a second, third and even fourth look at the idea/results as well as run additional experiments.  Even a layman such as myself knows enough to ask, if the Mills hydrino theory is flawed or incorrect, how can the anomalous energy output be explained then?  Does the existing theory of quantum mechanics need to be tweaked or revised somehow to take in to account the experimental observations?  What if Dr. Mills really is on to something and his hydrino theory is mostly sound, with only minor flaws?  Einstein's theory of relativity also had to withstand a fearsome vetting process before it was finally accepted almost universally in the scientific community.

From a practical standpoint, we can not afford to ignore alternative energy technologies which have the potential to not only be cleaner than conventional energy but also cheaper.  For example, BlackLight Power Inc. claims that their CIHT electrochemical cells are projected to cost $25/kW opposed to thousands of dollars per kW for conventional hydrogen fuel cells. [9]  The applications for power generated via either BlackLight Power thermal or electrochemical cells are stunning.  Banks of Blacklight Power CIHT cells could be used as a non-polluting (the chemical process produces no CO₂ or pollutants) base load power source for our electric grid, but also as the power source for automobiles or vehicles on a smaller scale.  The range of CIHT powered electric cars is estimated at 1500 miles/liter of water. [9]  BlackLight Power thermal cells could be used as the non-polluting power source of future airplanes or rockets.  A decentralized power grid would also be possible with each home being capable of producing its own electrical power or heat via BlackLight Power reactors. 

Although Blacklight Power, Inc. is a privately held company which has survived to its present stage through venture capital infusions totaling roughly 60 million, and we can not trade it publicly (yet), it will be interesting to see how the story unfolds at least.  There were plans in the works over 10 years ago to take the company public by the year 2001 by Morgan Stanley through a $1 billion IPO but these plans apparently were put on hold.  If this company ever does go public, it will be a major event/investment opportunity so keep your eyes peeled.

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Sources:
[1] Quantum Leap: Dr. Randell Mills says he can change the face of physics. The Scientfic Establishment thinks he's nuts.  Erik Baard, VillageVoice.com
[2] Wild Science: Entrepreneur Takes On Quantum Theory Erik Baard, Space.com 
[3] Harvard M.D. Challenges Big Bang Theory Erik Baard, Space.com

[4] Commercializable Power Source from Forming New States of Hydrogen R.L. Mills, G. Zhao, K. Akhtar, Z. Chang, J. He, Y. Lu, W. Good, G. Chu, B. Dhandapani, Int. J. Hydrogen Energy, Vol. 34, Issue 2, January 2009, pp. 573-614, doi:10.1016/j.ijhydene.2008.10.018 and may be purchased at http://dx.doi.org/10.1016/j.ijhydene.2008.10.018

This paper is a decisive report on the evidence of the formation of hydrogen in lower-energy states than previously thought possible. The evidence includes a large scope of analytical analysis on chemical and gas products including liquid NMR on both that is definitive. Power measurements were made on the systems using a solid hydrogen fuel that formed the products for analysis to a scale of 50KW. The results indicate that H could provide commercial power with an energy yield of 200 times that of combustion without creating pollution.



[5] Financial Times endorsing the hydrino? Lawrence P. Ebert, IPBiz.blogspot.com

[6] Best Colleges 2011 U.S. News and World Report
[7] BlackLight Power, Inc. Announces Production of Electricity from a New Form of Hydrogen
[8] Validation of the Observation of Soft X-ray Continuum Radiation from Low-Energy Pinch Discharges in the Presence of Molecular Hydrogen Alexander Bykanov, PhD Gen3 Partners
GEN3 Partners and Harvard Smithsonian Center for Astrophysics (CfA) Scientists have confirmed the light signature of hydrino formation, high-energy radiation emitted as the electron of the hydrogen atom undergoes a transition below what was previously considered the lowest energy state.  Click here for layman PowerPoint presentation. - 11/29/10
[9] BlackLight Power, Inc. - Executive Summary