Gold closes at record levels in dollars, pounds, rand and Euros.

Harvey Organ, Saturday, July 16, 2011

Gold closes at record levels in dollars, pounds, rand and Euros.

 

 

More Corruption? | Bondi's Deputy Attorney General Joe Jacquot Gets Promoted, Becomes Senior Vice President at Lender Processing Services   

Posted by: 4closureFraud

Post date: 07/15/2011 - 19:48

Either this is a hell of a coincidence or something much more sinister... If it's the latter, this is so blatant and so in your face it is ridiculous.

 

 

 

 

 

Weekly Chartology, Or How To BS About "Strong Micro" When The Economy Is Below Stall Speed 

Submitted by Tyler Durden on 07/16/2011 11:35 -0400

Never before has the job of Goldman's equity markets strategist been so difficult: on one hand he has to deal with an economy that is openly imploding after a readjustment of Q2 GDP to below subspeed, a drop in Q3 growth from his economic team as of last night to 2.5%, and a growth hockeystick that nobody (except for Joe LaVorgna of course) believes in any more. And while the latest weekly chartology from David Kostin is already very much outdated, after Jan Hatzius was forced to admit in his latest Friday night bomb installment that our view on the economy (i.e., absent stimulus = game over) is correct, he does make pretty charts. So ignore all the forecasts as they are 100% wrong as usual and focus on the pretty breakdowns of what has already happened. If nothing else, Goldman proves that billions in taxpayer bailout funds and secret Short Term OMO access can sure buy a damn good WP/Graphics department. 

 

 

 

 

 

 

The housing slump is far worse than you think

the link is here.

S&P warns it may downgrade Fannie, Freddie credit

the link is here

 

 

 

Treasury to Employ Final Extraordinary Measure to Extend U.S. Borrowing Authority Until August 2nd

the link is here.

The Billion-Dollar Bank Heist: How the financial industry is buying off Washington—and killing reform.

and the link is here

 

 

 

The World from Berlin: 'The US Is Holding the Whole World Hostage'

and the link is here

 

 

 

The Banksters and American Foreign Policy: Justin Raimondo

and the link to this must read essay is here.

 

 

 

European stress tests: banks set for 'chaos Monday' after nine fail

The link is here.

 

 

 

Interview With Jim Rickards - King World News

and the link is here.

Gold matches record winning run on debt talk fear

The link to the story is here.

 

 

Pierre Jovanovic Interview with James Turk

Pierre Jovanovic talks to James Turk about John Law, the Mississippi Bubble and how John Law duped the French people and the French Regent into buying his shares and allowing his Bank to issue bank notes. They explain how the whole experiment blew up in just 5 year and the terrible consequences for the whole of France. They then talk about the repetition of the fiat money experiment during the French Revolution and how that lasted only 7 years: from 1789 to 1796, with even more dire consequences for the French people. They also talk about current day similarities and lessons to be learnt.

and the link is here.

The Not So Funny Funnies  

 

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