The Central Banker's Dilemma


Markets About to Turn Nasty; Buy Barbed Wire: Advisor



Gold Sales to Europe Jump on Crisis



China, India Greedy for Gold



North Korean Envoy Says War Could Erupt Soon



How a Bursting Housing Bubble in China Could Slam the U.S.



China Freaks Out The World By Announcing Restrictions On Export Of Metals Crucial For National Defense



Hungary warning heightens sovereign-debt fear; Default concern rises as new government says predecessor lied about finances



Jim Rogers on Currencies and Inflation



Dear Jim, (Jim Sinclair http://www.jsmineset.com/)
They have not figured out that you cannot spend your way out of a deficit situation without destroying the whole world currency system. The Western world is playing bailout follow the leader off a cliff and no one dared to ask what if the whole premise of a bailout is wrong. Worse yet, they are exacerbating the situation by increasing debt! All Western nations are in lockstep, walking off the cliff in succession!
So to encourage those naught savers to spend, they are going to print money so fast that it will lose value eventually on a day to day basis. They must think (erroneously) printing will encourage spending that will fuel demand. The world is already broke when net liabilities are greater than net assets. A depression is in order to correct the debt, but the politicians will print money as you have said time and again. It is and always has been a currency event. The people who got us into this mess cannot extract us from this 1.14 quadrillion OTC mountain of garbage crap paper. It’s like people arguing on the Titanic about who is gonna bail water with a 5 gallon bucket. Gold protects oneself from incompetence such as this. Simply put, there is just not enough gold to go around at the present price, possibly at any price!
I refuse to read any more of this mainstream crap as that is what it is!
Best, CIGA BT


Gold's Record-Breaking May Madness


No. European Nations Preparing to Slaughter the PIIGS



Student Loans: Another Debt Crisis Brewing



Four-Day School Week Due to Budget Cuts Gains Popularity. (Meanwhile we read: Amid budget crunch, Utah considers making 12th grade optional.)



Economy Adds 431K Jobs, But Few in Private Sector



Weak Employment Report Drags Oil Down Near $72



Europe Launches Credit Rating Offensive



G-20 Finance Officials Begin Global Economy Talks