Saturday, May 29, 2010

Dollar Primed for Collapse by End June. Yes, the US Dollar is presently artificially strong. But we are looking at a study of relative weaknesses. All the major fiat currencies are in a race to the bottom. Don't make the foolish mistake of swapping from one un-back currency into another. Instead, swap into tangibles!


US money supply plunges at 1930s pace as Obama eyes fresh stimulus. The money multiplier effect works in reverse, as credit collapses. But at some point the huge waves of stimulus spending will be financed by monetization, and that will be hugely inflationary. Be ready for a rapid transition from deflation to inflation, possibly as soon as late 2010 or early 2011.


Germany confirms Fed intervention in currency marketsSubmitted by cpowell on Fri, 2010-05-28 18:41. Section:
That's funny. ... The Fed hasn't announced any such interventions lately. They'd never intervene surreptitiously in the gold market too, would they?



Hidden Dollar Swap Hammer Jim Willie CB



Preparing for What's Next David Galland


Stocks on Track for Worst May Since 1962.


Home Sales Set to Plummet in Markets Hit Hard by Foreclosures


Plus 1 California Bank and 1 Las Vegas Nevada bank...
Three Florida Banks Closed May 28, 2010


Spain Loses its AAA Credit Rating at Fitch Amid Debt Struggles


Double-Dip Fears Over Worldwide Credit Stress


Collapse of Euro Would Open Door to Democracy


Eric Sprott on Financial Farcism


Pay close attention to EVERYTHING this man says...or you will live to regret it...
Inflation, Money Supply, GDP, Unemployment and the Dollar


Dysfunctional Markets that Change Every Hour


Once again..repeat after me, there is no recovery...there is no recovery...
Slow-Motion Recovery Keeps Unemployment High


You just might see the day, that you can get a zero interest home loan...
Mortgage Rates are Back Near Record Low


US Corporate Debt Sales Fall to Least in Decade- Bloomberg


This Idiot shouldn't be telling anybody what to do...His answer for everything is print more money...Zimbabwe here we go...
Geithner Tells Europe: "Emulate China"- Sydney Morning Herald


Spain Narrowly Approves Spending Cuts- NY Times


US Automakers Rely on 0% Financing to Close Deals- USA Today


These people know what money is...and isn't...Do you?
Indian Farmers Trade Gold for Seeds- Reuters India


Isn't this just great....Think about it...we have to help pay for a car nobody wants...at a price nobody in their right mind will pay... that only goes about 80 miles on a charge...(wait till you get your electric bill...)
About the only people stupid enough to buy them are the environmentalist wacko's...Remember there is a reason you can't spell environmentalist without the word "MENTAL".
Congress Proposes Electric Car Tax Break- Detroit News



Wall Street Journal features GATA consultant Edwin VieiraSubmitted by cpowell on Sat, 2010-05-29 03:30. Section:
'Pieces of Eight': The Constitution and the Dollar




"I am for doing good to the poor, but...I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed...that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer." - Benjamin Franklin

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