Davos Shocked To Hear That Poor People Exist
Ok, I exaggerate. But that’s my cynical first impression after finding the following diagram in the briefing book
for the gathering of the good and the great at the World Economic Forum
in Davos, Switzerland. As you can see “Severe income disparity” is #1
on the Top 5 risks list this year, after having failed to make the
short list for the preceding 5 years. Now it’s not as though the
attendees of Davos were completely inattentive to the economic plight
of the less fortunate all this time. “Economic disparities” was on last
year’s laundry list of risks and was featured prominently in the
executive summary of 2011's report. But
the urgency has been ratcheted up quite a bit this year: note the new
modifier “severe” and the use of the more specific “income” rather than
“economic”. But wait, there’s more.Hyper Report: 120127 – More Funny Money Printing as it Collapses
To Yuan or Not to Yuan, That Is the Question Thanks PlanetEarthAwakens01
http://allafrica.com/stories/201201261488.html
Russia Emerges as Syria's Most Valuable Ally
http://themedialine.org/news/news_detail.asp?NewsID=34271
The Debt Monster Will Destroy The World
http://www.economicnoise.com/2012/01/26/the-debt-monster-will-destroy-the-world/
Paper Money Collapse
http://therealasset.co.uk/paper-money-collapse/
US new-home sales fell in Dec., finish dismal 2011
http://news.yahoo.com/us-home-sales-fell-dec-finish-dismal-2011-151418003.html
Benchmark Rate Will Stay Low Until '14
http://www.bloomberg.com/news/2012-01-25/fed-says-benchmark-interest-rate-wil...
Great news: The "fair share" administration owes over $800,000 in back taxes
http://hotair.com/archives/2012/01/26/great-news-the-fair-share-administratio...
Gold to Silver Ratio Anticipating A Shift In Tactics Soon
Eric De Groot at Eric De Groot - 1 hour ago
A break in the up trend of the gold to silver ratio (GSR) suggests not only
a shift in money flows from gold to silver but also (monetary) policy
tactics. A resumption of the 2008 down trend suggests another round of
currency devaluation caused by direct or indirect quantitative easing (QE)
is approaching. Chart 1: Gold to Silver Ratio (GSR):
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Have You Noticed The Growing Strain In Silver?
Eric De Groot at Eric De Groot - 1 hour ago
Have you noticed the growing strain in silver? Probably not. While silver
may be managed by paper over the short to intermediate-term, its paper
control has been slowly deteriorating since 2004. Net longs (long minus
short positions) as a percentage of open interest (NL%OI) have been
steadily increasing with the price of silver. The invisible hand has been
covering its shorts during sideways...
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content, and more! ]]
The New New Gold Rush - Don't Think So
Eric De Groot at Eric De Groot - 1 hour ago
The flow of capital from the public to private sector as the sovereign debt crisis intensifies has been sending the price of movable assets higher since 1999. Subtle difference among these assets, such as varying degrees of liquidity, sensitivity to currency devaluation, and global demand and control translates into difference in money flows and rates of appreciation. While a rising tide of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
by Mac Slavo, SHTFPlan.com:
As more Americans than ever before join the ranks of the unemployed, and with insurance benefits starting to dry up for many who have exceeded the 99 week maximum, homelessness across the country is quickly becoming an issue that can no longer be glazed over by politicians.
There are over 3.5 million people officially listed as homeless in America, and with tent cities popping up all over the country as a result of foreclosures or inability to pay rent, the trend, like the rising number of food stamp participants (48.5 Million) and those living on the edge of poverty (100 million), is not abating. In fact, as the economic health of the United States further degrades, we can expect to see homelessness rise at a record pace. Most Americans are just a paycheck away from disaster, and once that income stops coming, there is no alternative except to join the millions already living on the streets.
There is, however, some light at the end of the tunnel, at least for those living in Florida, where legislators may have come up with novel solution for sheltering those without homes:
Read More @ SHTFPlan.com
Must Read...
As more Americans than ever before join the ranks of the unemployed, and with insurance benefits starting to dry up for many who have exceeded the 99 week maximum, homelessness across the country is quickly becoming an issue that can no longer be glazed over by politicians.
There are over 3.5 million people officially listed as homeless in America, and with tent cities popping up all over the country as a result of foreclosures or inability to pay rent, the trend, like the rising number of food stamp participants (48.5 Million) and those living on the edge of poverty (100 million), is not abating. In fact, as the economic health of the United States further degrades, we can expect to see homelessness rise at a record pace. Most Americans are just a paycheck away from disaster, and once that income stops coming, there is no alternative except to join the millions already living on the streets.
There is, however, some light at the end of the tunnel, at least for those living in Florida, where legislators may have come up with novel solution for sheltering those without homes:
Read More @ SHTFPlan.com
Must Read...
from End of The American Dream:
As
the U.S. economy falls apart and as the world becomes increasingly
unstable, more Americans than ever are becoming “preppers”. It is
estimated that there are at least two million preppers in the United
States today, but nobody really knows. The truth is that it is hard to
take a poll because a lot of preppers simply do not talk about their
preparations. Your neighbor could be storing up food in the garage or
in an extra bedroom and you might never even know it. An increasing
number of Americans are convinced that we are on the verge of some
really bad things happening. But will just storing up some extra food
and supplies be enough? What is going to happen if we see widespread
rioting in major U.S. cities like George Soros is predicting?
What is going to happen if the economy totally falls to pieces and our
city centers descend into anarchy like we saw in New Orleans during the
aftermath of Hurricane Katrina? In some major U.S. cities such as
Detroit, looting is already rampant.
There are some sections of Detroit where entire blocks of houses are
being slowly dismantled by thieves and stripped of anything valuable.
Sadly, the economy is going to get a lot worse than it is at the moment.
So is now the time to move away from major U.S. cities? Should
preppers be seeking safer locations for themselves and their families?
Those are legitimate questions.
Read More @ EndOfTheAmericanDream.com
Dines still bullish on uranium and rare earth elements
from FinancialSense.com:
Jim
is pleased to welcome back James Dines of The Dines Letter to discuss
his forecast for 2012. In an interview covering many subjects, Mr. Dines
believes gold shares will catch up to the gold price, Chinese growth
won’t be enough to bail out the world’s economies, and that nothing will
save the world until a currency link to gold is reinstated and
enforced.
James Dines has become legendary for having made correct forecasts that were in complete contradiction to the rest of the financial community. For example, he recommended gold at $35/oz and silver at 92.5 cents/oz before they rose astronomically higher; he predicted that “China would dominate the 21st Century” after Mao died; he was the first to prominently recognize the bull market in Internet stocks; he predicted a “Uranium boom” when the metal was at $8/lb before it rose as high as $138/lb; and a proponent of rare earth metals at their proverbial rock bottom before they skyrocketed. Mr. Dines has recently completed his latest book on gold, Goldbug!, which is his third and final gold book based on his earlier classic, The Invisible Crash, in which he predicted a great inflation, followed by a deflation echoing the 1930s.
Click Here to Listen to the Interview
As
the U.S. economy falls apart and as the world becomes increasingly
unstable, more Americans than ever are becoming “preppers”. It is
estimated that there are at least two million preppers in the United
States today, but nobody really knows. The truth is that it is hard to
take a poll because a lot of preppers simply do not talk about their
preparations. Your neighbor could be storing up food in the garage or
in an extra bedroom and you might never even know it. An increasing
number of Americans are convinced that we are on the verge of some
really bad things happening. But will just storing up some extra food
and supplies be enough? What is going to happen if we see widespread
rioting in major U.S. cities like George Soros is predicting?
What is going to happen if the economy totally falls to pieces and our
city centers descend into anarchy like we saw in New Orleans during the
aftermath of Hurricane Katrina? In some major U.S. cities such as
Detroit, looting is already rampant.
There are some sections of Detroit where entire blocks of houses are
being slowly dismantled by thieves and stripped of anything valuable.
Sadly, the economy is going to get a lot worse than it is at the moment.
So is now the time to move away from major U.S. cities? Should
preppers be seeking safer locations for themselves and their families?
Those are legitimate questions.Read More @ EndOfTheAmericanDream.com
from The Economic Collapse Blog:
Everywhere
you turn these days, someone is proclaiming that the economy is
improving. Barack Obama is endlessly touting the “improvement” in the
economy, the mainstream media is constantly talking about “the economic
recovery” and an increasing number of Americans seem to be buying into
this line of thinking. A new NBC/Wall Street Journal poll found that 37 percent
of Americans believe that the economy will improve over the next year,
while only 17 percent of Americans believe that it will get worse. But
is the economy actually improving? Not really. At the moment things
are relatively stable. Some economic statistics are improving slightly
and some continue to get even worse. However, it is very important to
keep in mind that one of the biggest reasons why things have stabilized
is because the federal government is pumping more than a trillion
dollars a year into the economy that it does not have.
The Obama administration is engaging in a debt binge unlike anything
America has ever seen before, and yet many economic indicators are still
in decline. So what is going to happen when the federal government
stops injecting gigantic waves of borrowed money into the economy? That
is a frightening thing to think about. The best efforts of our
“leaders” in Washington D.C. are not accomplishing a whole lot. The
Federal Reserve has pushed interest rates as low as they can go and the
federal government is spending unprecedented amounts of money. But even
with the federal government and the Federal Reserve pushing the
accelerator all the way to the floor, the economy is still not improving
much at all. Millions upon millions of Americans out there are
anticipating some sort of a “great economic recovery”, and they are
going to be bitterly disappointed.
Read More @ TheEconomicCollapseBlog.com
Everywhere
you turn these days, someone is proclaiming that the economy is
improving. Barack Obama is endlessly touting the “improvement” in the
economy, the mainstream media is constantly talking about “the economic
recovery” and an increasing number of Americans seem to be buying into
this line of thinking. A new NBC/Wall Street Journal poll found that 37 percent
of Americans believe that the economy will improve over the next year,
while only 17 percent of Americans believe that it will get worse. But
is the economy actually improving? Not really. At the moment things
are relatively stable. Some economic statistics are improving slightly
and some continue to get even worse. However, it is very important to
keep in mind that one of the biggest reasons why things have stabilized
is because the federal government is pumping more than a trillion
dollars a year into the economy that it does not have.
The Obama administration is engaging in a debt binge unlike anything
America has ever seen before, and yet many economic indicators are still
in decline. So what is going to happen when the federal government
stops injecting gigantic waves of borrowed money into the economy? That
is a frightening thing to think about. The best efforts of our
“leaders” in Washington D.C. are not accomplishing a whole lot. The
Federal Reserve has pushed interest rates as low as they can go and the
federal government is spending unprecedented amounts of money. But even
with the federal government and the Federal Reserve pushing the
accelerator all the way to the floor, the economy is still not improving
much at all. Millions upon millions of Americans out there are
anticipating some sort of a “great economic recovery”, and they are
going to be bitterly disappointed.Read More @ TheEconomicCollapseBlog.com
by SGT:
Along with maybe a few million other Americans I watched the CNN Presidential debate Thursday night, which was hosted by heir to the Astor-Vanderbilt fortune Anderson Cooper. And I think Dr. Paul did about as well as can be expected given his allotted speaking time of THIRTEEN minutes.
I think that it was in the second hour of the debate when I finally caught on. Between the non-stop bickering of the Globalist Siamese twins Gingrich and Romney, Cooper occasionally tossed Dr. Paul either a half-baked question of little importance or a ridiculously difficult “scenario” question. The soft ball questions went to the other guys. It went something like this:
Anderson Cooper: “Question: Mr. Gingrich has said that by the end of his second term in office (lol), he would have an American base on the moon. So, what would your plan be for NASA and do you think the the United States’ space program is important? Let’s go to… Mr. Romney? [insert Romney answer which no one cares about, here.]
Anderson Cooper: “Now let’s go to the audience for a question. We have Mrs. XXX, a Latino woman who lost her job and who has been unemployed for a very long time and who, as a result of her long-term unemployment, has lost her health insurance because she cannot afford to replace it. How would you help her? Let’s go to… Ron Paul” [Ed. Note: How would he HELP her? THIS is the question Ron Paul gets?? Really? We're $15 Trillion in debt. How would he HELP her??]
I kidd you not. Although I’m going from memory about how it went down tonight, those were actually two of the questions Cooper asked Mittens and Dr. Ron Paul. And frankly, Dr. Paul looked a bit tired tonight, but he did quite well any way. But my God, how he manages to even pay attention and stay awake during these absurd two-hour “debates” when he only gets 13 minutes in which to speak, is beyond me. He is the iron man.
I concur with much of the commentary in this vid, take a look.
Along with maybe a few million other Americans I watched the CNN Presidential debate Thursday night, which was hosted by heir to the Astor-Vanderbilt fortune Anderson Cooper. And I think Dr. Paul did about as well as can be expected given his allotted speaking time of THIRTEEN minutes.
I think that it was in the second hour of the debate when I finally caught on. Between the non-stop bickering of the Globalist Siamese twins Gingrich and Romney, Cooper occasionally tossed Dr. Paul either a half-baked question of little importance or a ridiculously difficult “scenario” question. The soft ball questions went to the other guys. It went something like this:
Anderson Cooper: “Question: Mr. Gingrich has said that by the end of his second term in office (lol), he would have an American base on the moon. So, what would your plan be for NASA and do you think the the United States’ space program is important? Let’s go to… Mr. Romney? [insert Romney answer which no one cares about, here.]
Anderson Cooper: “Now let’s go to the audience for a question. We have Mrs. XXX, a Latino woman who lost her job and who has been unemployed for a very long time and who, as a result of her long-term unemployment, has lost her health insurance because she cannot afford to replace it. How would you help her? Let’s go to… Ron Paul” [Ed. Note: How would he HELP her? THIS is the question Ron Paul gets?? Really? We're $15 Trillion in debt. How would he HELP her??]
I kidd you not. Although I’m going from memory about how it went down tonight, those were actually two of the questions Cooper asked Mittens and Dr. Ron Paul. And frankly, Dr. Paul looked a bit tired tonight, but he did quite well any way. But my God, how he manages to even pay attention and stay awake during these absurd two-hour “debates” when he only gets 13 minutes in which to speak, is beyond me. He is the iron man.
I concur with much of the commentary in this vid, take a look.
More angry protests have broken out in Poland, after the government
gave its support to an international anti-piracy treaty. Activists say
the pact, known as ACTA, will choke freedom of online expression. Poland
joined several other EU countries in a closed-door signing ceremony in
Japan on Thursday.
The Silver Bullet and the Silver Shield – Part 5. Infinite Money Finite World
[Ed. Note: Part 1. Part 2. Part 3. Part 4.]
Ron Paul Highlights – CNN Florida Debate 01/26/12
Dines still bullish on uranium and rare earth elements
from FinancialSense.com:
Jim
is pleased to welcome back James Dines of The Dines Letter to discuss
his forecast for 2012. In an interview covering many subjects, Mr. Dines
believes gold shares will catch up to the gold price, Chinese growth
won’t be enough to bail out the world’s economies, and that nothing will
save the world until a currency link to gold is reinstated and
enforced.James Dines has become legendary for having made correct forecasts that were in complete contradiction to the rest of the financial community. For example, he recommended gold at $35/oz and silver at 92.5 cents/oz before they rose astronomically higher; he predicted that “China would dominate the 21st Century” after Mao died; he was the first to prominently recognize the bull market in Internet stocks; he predicted a “Uranium boom” when the metal was at $8/lb before it rose as high as $138/lb; and a proponent of rare earth metals at their proverbial rock bottom before they skyrocketed. Mr. Dines has recently completed his latest book on gold, Goldbug!, which is his third and final gold book based on his earlier classic, The Invisible Crash, in which he predicted a great inflation, followed by a deflation echoing the 1930s.
Click Here to Listen to the Interview
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
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