from King World News:
John
Williams, of Shadowstats, just issued the following warning and King
World News wanted to pass it along to our global readers: “The U.S.
economic and systemic-solvency crises of the last five years continue to
deteriorate. Yet they remain just the precursors to the coming Great
Collapse: a hyperinflationary great depression. The unfolding
circumstance will encompass a complete loss in the purchasing power of
the U.S. dollar; a collapse in the normal stream of U.S. commercial and
economic activity; a collapse in the U.S. financial system, as we know
it; and a likely realignment of the U.S. political environment.”
John Williams continues: Read More @ KingWorldNews.com
John
Williams, of Shadowstats, just issued the following warning and King
World News wanted to pass it along to our global readers: “The U.S.
economic and systemic-solvency crises of the last five years continue to
deteriorate. Yet they remain just the precursors to the coming Great
Collapse: a hyperinflationary great depression. The unfolding
circumstance will encompass a complete loss in the purchasing power of
the U.S. dollar; a collapse in the normal stream of U.S. commercial and
economic activity; a collapse in the U.S. financial system, as we know
it; and a likely realignment of the U.S. political environment.”John Williams continues: Read More @ KingWorldNews.com
by Andy Hecht, Sovereign-Investor.com:
Back in 1995, when I ran the giant precious-metals trading business at the Phibro division of Salomon Brothers, silver wasn’t just cheap – it was the Rodney Dangerfield of the commodities market.
Back then, silver “got no respect.” It was trading under $5 an ounce, and traders would say: “You can never be short enough silver.”
Other traders called silver a “barbarous relic.”
But back then, the metal was not regarded as precious and, the fundamentals were weak, thanks to the Hunt brothers, the billionaires who tried and failed to manipulate and corner the world silver market during the late 1970s.
At the same time, the industrial use of silver was in decline – largely because of new technology in photography.
Read More @ Sovereign-Investor.com
Back in 1995, when I ran the giant precious-metals trading business at the Phibro division of Salomon Brothers, silver wasn’t just cheap – it was the Rodney Dangerfield of the commodities market.
Back then, silver “got no respect.” It was trading under $5 an ounce, and traders would say: “You can never be short enough silver.”
Other traders called silver a “barbarous relic.”
But back then, the metal was not regarded as precious and, the fundamentals were weak, thanks to the Hunt brothers, the billionaires who tried and failed to manipulate and corner the world silver market during the late 1970s.
At the same time, the industrial use of silver was in decline – largely because of new technology in photography.
Read More @ Sovereign-Investor.com
from DollarVigilante.com:
This past week has been a very turbulent time for Italy. And it wasn’t just the grounding of the Concordia cruise ship by a playboy captain; but the grounding of the country by Euro-technocrat usurper Darth Monti, trying to impress his Keynesian buddies with his latest attempts to ‘Save Italy’!
This week saw the launch of a popular uprising in Sicily, by a group known as the ‘Movimento dei Forconi’ or ‘Pitchfork Movement’. This is not an uprising of self absorbed youth who want more government handouts; but of producers who are being pushed into poverty by government taxes and regulation. The organizers are middle aged and older; this is significant, as most power and wealth is held by this generation and they have now drawn a line in the sand.
On the 16th of January these protesters began “Operazione Vespri Siciliani”, a blockade of the Island of Sicily. Within two days the transportation of all goods was stopped. Over the next week, nothing entered or exited Sicily. This was no mean feat given that Sicily is not a small Island; it has a population of over five million people and a surface area of 25,711 km2.
Read More @ DollarVigilante.com
This past week has been a very turbulent time for Italy. And it wasn’t just the grounding of the Concordia cruise ship by a playboy captain; but the grounding of the country by Euro-technocrat usurper Darth Monti, trying to impress his Keynesian buddies with his latest attempts to ‘Save Italy’!
This week saw the launch of a popular uprising in Sicily, by a group known as the ‘Movimento dei Forconi’ or ‘Pitchfork Movement’. This is not an uprising of self absorbed youth who want more government handouts; but of producers who are being pushed into poverty by government taxes and regulation. The organizers are middle aged and older; this is significant, as most power and wealth is held by this generation and they have now drawn a line in the sand.
On the 16th of January these protesters began “Operazione Vespri Siciliani”, a blockade of the Island of Sicily. Within two days the transportation of all goods was stopped. Over the next week, nothing entered or exited Sicily. This was no mean feat given that Sicily is not a small Island; it has a population of over five million people and a surface area of 25,711 km2.
Read More @ DollarVigilante.com
from GoldMoney.com:
“Party
on!” was Federal Reserve Chairman Ben Bernanke’s message to Wall Street
yesterday, as he announced that the Fed will be keeping interest rates
at “exceptionally low” levels until late 2014, owing to concerns about
stubbornly-high unemployment and the sustainability of the current
statistical recovery. Bernanke also confirmed that for the first time in
the Fed’s 99-year history, the institution will explicitly target a 2%
inflation rate, as measured on the Personal Consumption Index (PCI).
Other central banks have long had explicit inflation targets, but not
the Fed.
Unsurprisingly given their enthusiasm for easy money, the market response to this move was euphoric. The Dow gained 0.64% to settle at 12756.96, while the Nasdaq tacked on 1.14% to settle at 2818.31. Asian and European exchanges have also reported gains this morning. Commodities such as copper and crude oil are up, while precious metals – ever sensitive to signs of more monetary easing from the Fed – notched impressive gains.
Read More @ GoldMoney.com
“Party
on!” was Federal Reserve Chairman Ben Bernanke’s message to Wall Street
yesterday, as he announced that the Fed will be keeping interest rates
at “exceptionally low” levels until late 2014, owing to concerns about
stubbornly-high unemployment and the sustainability of the current
statistical recovery. Bernanke also confirmed that for the first time in
the Fed’s 99-year history, the institution will explicitly target a 2%
inflation rate, as measured on the Personal Consumption Index (PCI).
Other central banks have long had explicit inflation targets, but not
the Fed.Unsurprisingly given their enthusiasm for easy money, the market response to this move was euphoric. The Dow gained 0.64% to settle at 12756.96, while the Nasdaq tacked on 1.14% to settle at 2818.31. Asian and European exchanges have also reported gains this morning. Commodities such as copper and crude oil are up, while precious metals – ever sensitive to signs of more monetary easing from the Fed – notched impressive gains.
Read More @ GoldMoney.com
by Jay Weidner:
“All truth passes through three stages:
First it is ridiculed;
Second it is violently opposed;
Third, it is accepted as self evident.”
–Arthur Schopenhauer
Ron Paul will win in the end. That’s right. It doesn’t matter anymore how the criminals in charge try to change the vote, or how they conjure lies and attack him and his ideas. None of that is going to work anymore.
Don’t get me wrong. There is no way in hell that Ron Paul will win his quest for the Presidency. The corporate criminals and their toadies in the media will never let that happen. They will do everything they can to squash Ron Paul and his ideas.
Who has the uncanny ability to unite Rush Limbaugh, Rachel Maddow, Dick Morris, Bill Clinton, Sean Hannity, Keith Olbermann, MSNBC, Fox News, CNN, CBS, NBC, ABC, The New York Times, Move On, Media Matters?
Answer: Ron Paul. Why does he unite everyone on the left and right? What is it about Ron Paul that unites the media?
Ron Paul and his movement are a direct result of the Internet. The Internet also showed the thinking people of the world that there is a corporate criminal mafia and it is in charge of everything. It owns the military, the media, the religions, the educational system the banks and most of the major corporations.
This revelation that we are ruled by a small group of corporate criminals is the real fuel behind Ron Paul.
Read More @ JayWeidner.com
Total Donations in 2011 $155.00 (6 Donors Thank You)
“All truth passes through three stages:
First it is ridiculed;
Second it is violently opposed;
Third, it is accepted as self evident.”
–Arthur Schopenhauer
Ron Paul will win in the end. That’s right. It doesn’t matter anymore how the criminals in charge try to change the vote, or how they conjure lies and attack him and his ideas. None of that is going to work anymore.
Don’t get me wrong. There is no way in hell that Ron Paul will win his quest for the Presidency. The corporate criminals and their toadies in the media will never let that happen. They will do everything they can to squash Ron Paul and his ideas.
Who has the uncanny ability to unite Rush Limbaugh, Rachel Maddow, Dick Morris, Bill Clinton, Sean Hannity, Keith Olbermann, MSNBC, Fox News, CNN, CBS, NBC, ABC, The New York Times, Move On, Media Matters?
Answer: Ron Paul. Why does he unite everyone on the left and right? What is it about Ron Paul that unites the media?
Ron Paul and his movement are a direct result of the Internet. The Internet also showed the thinking people of the world that there is a corporate criminal mafia and it is in charge of everything. It owns the military, the media, the religions, the educational system the banks and most of the major corporations.
This revelation that we are ruled by a small group of corporate criminals is the real fuel behind Ron Paul.
Read More @ JayWeidner.com
Mission Creep: DHS Agency Abandons Fighting Terrorism, Shifts to Hiring Police, Taking Over America
[Ed. Note: Please at least watch the first minute of the video below. The speaker thanks the "sponsors" of the Aspen Homeland Security Group, LOCKHEED MARTIN FOUNDATION and IBM, as "Skeletor" Chertoff and Mr. Napolitano look on. We ARE living in the matrix.]
by Aaron Dykes, PrisonPlanet.com:
A new white paper presented to the House Permanent Select Committee on Intelligence carves out an ‘evolving mission’ for Homeland Security that moves away from fighting terrorism and towards growing a vast domestic intelligence apparatus that would expand integration with local/state agencies and private-public partnerships already underway via regional fusion centers.
Crafted by the Aspen Institute Homeland Security Group, co-chaired by former DHS chief Michael Chertoff and composed of a who’s who of national security figures, the report outlines a total mission creep, as the title “Homeland Security and Intelligence: Next Steps in Evolving the Mission” implies.
Significantly, it puts on paper and into the Congressional record a proposed transition from outwardly dealing with the threats posed by terrorism towards intelligence gathering “focused on more specific homeward-focused areas.” That is, the homegrown, domestic threats we’ve heard so much about from Big Sis already.
Read More @ PrisonPlanet.com
[Ed. Note: Please at least watch the first minute of the video below. The speaker thanks the "sponsors" of the Aspen Homeland Security Group, LOCKHEED MARTIN FOUNDATION and IBM, as "Skeletor" Chertoff and Mr. Napolitano look on. We ARE living in the matrix.]
by Aaron Dykes, PrisonPlanet.com:
A new white paper presented to the House Permanent Select Committee on Intelligence carves out an ‘evolving mission’ for Homeland Security that moves away from fighting terrorism and towards growing a vast domestic intelligence apparatus that would expand integration with local/state agencies and private-public partnerships already underway via regional fusion centers.
Crafted by the Aspen Institute Homeland Security Group, co-chaired by former DHS chief Michael Chertoff and composed of a who’s who of national security figures, the report outlines a total mission creep, as the title “Homeland Security and Intelligence: Next Steps in Evolving the Mission” implies.
Significantly, it puts on paper and into the Congressional record a proposed transition from outwardly dealing with the threats posed by terrorism towards intelligence gathering “focused on more specific homeward-focused areas.” That is, the homegrown, domestic threats we’ve heard so much about from Big Sis already.
Read More @ PrisonPlanet.com
by Pedro da Costa and Mark Felsenthal, Reuters:
(Reuters)
– Federal Reserve Chairman Ben Bernanke said on Wednesday the central
bank was ready to offer the economy additional stimulus after it
announced it would likely keep interest rates near zero until at least
late 2014.
The Fed also took the historic step of adopting an explicit inflation target, though Bernanke took pains to stress that officials would be flexible about reining in price growth when unemployment was too high.
The late 2014 timeframe for the first rate hike was considerably later than investors had expected and some 18 months later than the Fed had suggested last year, and the announcement prompted a rally in U.S. government bonds.
Speaking at a news conference after a two-day policy meeting, Bernanke was cautious about recent improvements in the U.S. economy, and he left the door open to further Fed bond purchases.
Read More @ Reuters.com
from The Financial Survival Network:
Bob
and I sat down for a brief chat about the economy, gold, silver and the
mining shares. He explains that frugal management, especially in the
early years, is extremely important. Management should be in it to make
their profits from the eventual success of the project, rather than
cashing in on high salaries and other compensation. Share structure is
also quite important. When companies have hundreds of millions of shares
outstanding, before producing one ounce , this will greatly lessen the
potential future share appreciation.
Focus is also extremely important. Concentration on a few or even just one project is very important for a junior minor. This will assure that management makes the most of every opportunity. But in the final analysis, the price of gold and silver is going to be the main factor. And here Bob is emphatic that it’s going no where but up. 2012 could very well be the most important year in the history of modern finance. As we were talking, gold went up over $30 per ounce on news that the Fed would keep its foot on the monetary gas pedal and that the outlook for the economy was diminished. It is these kinds of economic fundamentals that have shown Bob to be right far more than he’s been wrong.
Click Here to Listen to the Podcast
The Fed also took the historic step of adopting an explicit inflation target, though Bernanke took pains to stress that officials would be flexible about reining in price growth when unemployment was too high.
The late 2014 timeframe for the first rate hike was considerably later than investors had expected and some 18 months later than the Fed had suggested last year, and the announcement prompted a rally in U.S. government bonds.
Speaking at a news conference after a two-day policy meeting, Bernanke was cautious about recent improvements in the U.S. economy, and he left the door open to further Fed bond purchases.
Read More @ Reuters.com
from The Financial Survival Network:
Bob
and I sat down for a brief chat about the economy, gold, silver and the
mining shares. He explains that frugal management, especially in the
early years, is extremely important. Management should be in it to make
their profits from the eventual success of the project, rather than
cashing in on high salaries and other compensation. Share structure is
also quite important. When companies have hundreds of millions of shares
outstanding, before producing one ounce , this will greatly lessen the
potential future share appreciation.Focus is also extremely important. Concentration on a few or even just one project is very important for a junior minor. This will assure that management makes the most of every opportunity. But in the final analysis, the price of gold and silver is going to be the main factor. And here Bob is emphatic that it’s going no where but up. 2012 could very well be the most important year in the history of modern finance. As we were talking, gold went up over $30 per ounce on news that the Fed would keep its foot on the monetary gas pedal and that the outlook for the economy was diminished. It is these kinds of economic fundamentals that have shown Bob to be right far more than he’s been wrong.
Click Here to Listen to the Podcast
by Michel Chossudovsky, GlobalResearch.ca:
Introduction
The World is at a critical crossroads. The Fukushima disaster in Japan has brought to the forefront the dangers of Worldwide nuclear radiation.
The crisis in Japan has been described as “a nuclear war without a war”. In the words of renowned novelist Haruki Murakami:
Read More @ GlobalResearch.ca
IntroductionThe World is at a critical crossroads. The Fukushima disaster in Japan has brought to the forefront the dangers of Worldwide nuclear radiation.
The crisis in Japan has been described as “a nuclear war without a war”. In the words of renowned novelist Haruki Murakami:
“This time no one
dropped a bomb on us … We set the stage, we committed the crime with our
own hands, we are destroying our own lands, and we are destroying our
own lives.”
Nuclear radiation –which threatens life on planet earth– is not front
page news in comparison to the most insignificant issues of public
concern, including the local level crime scene or the tabloid gossip
reports on Hollywood celebrities.Read More @ GlobalResearch.ca
from TimesOfIndia.IndiaTimes.com:
NEW DELHI: A reputed Israeli intelligence website has claimed that India is opting for gold to repay crude oil supplies from Iran. Given the US and EU embargo on Iran, payment in hard currency, such as the US dollar or euro, is very difficult; hence, this barter.
The website, Debkafile, said the transaction will be routed through UCO Bank, the Kolkata-based public sector lender. However, when contacted, a senior bank executive said he had not heard of any plans to settle oil payments in gold. A senior finance ministry official said he did not wish to comment on the issue. When reached over the phone, economic affairs secretary R Gopalan, who has been leading the talks with Iran, said he was busy in a meeting and did not respond to a text message.
The report on the Israeli website coincides with the visit of an Indian official delegation to Tehran last week to find ways to continue the bilateral trade between Iran and India in spite of the sanctions imposed for forcing Iran to forsake its alleged plans for developing nuclear weapons.
Read More @ TimesOfIndia.IndiaTimes.com
NEW DELHI: A reputed Israeli intelligence website has claimed that India is opting for gold to repay crude oil supplies from Iran. Given the US and EU embargo on Iran, payment in hard currency, such as the US dollar or euro, is very difficult; hence, this barter.
The website, Debkafile, said the transaction will be routed through UCO Bank, the Kolkata-based public sector lender. However, when contacted, a senior bank executive said he had not heard of any plans to settle oil payments in gold. A senior finance ministry official said he did not wish to comment on the issue. When reached over the phone, economic affairs secretary R Gopalan, who has been leading the talks with Iran, said he was busy in a meeting and did not respond to a text message.
The report on the Israeli website coincides with the visit of an Indian official delegation to Tehran last week to find ways to continue the bilateral trade between Iran and India in spite of the sanctions imposed for forcing Iran to forsake its alleged plans for developing nuclear weapons.
Read More @ TimesOfIndia.IndiaTimes.com
White
House bypasses Senate to ink agreement that could allow Chinese
companies to demand ISPs remove web content in US with no legal
oversight
by Paul Joseph Watson, InfoWars.com:
by Paul Joseph Watson, InfoWars.com:
Months before the debate about Internet censorship
raged as SOPA and PIPA dominated the concerns of web users, President
Obama signed an international treaty that would allow companies in China
or any other country in the world to demand ISPs remove web content in
the US with no legal oversight whatsoever.
The Anti-Counterfeiting Trade Agreement
was signed by Obama on October 1 2011, yet is currently the subject of a
White House petition demanding Senators be forced to ratify the treaty.
The White House has circumvented the necessity to have the treaty
confirmed by lawmakers by presenting it an as “executive agreement,”
although legal scholars have highlighted the dubious nature of this
characterization.
The hacktivist group Anonymous attacked and took offline the Federal Trade Commission’s website yesterday in protest against the treaty, which was also the subject of demonstrations across major cities in Poland, a country set to sign the agreement today.
Under the provisions of ACTA, copyright holders will be
granted sweeping direct powers to demand ISPs remove material from the
Internet on a whim. Whereas ISPs normally are only forced to remove
content after a court order, all legal oversight will be abolished, a
precedent that will apply globally, rendering the treaty worse in its
potential scope for abuse than SOPA or PIPA.
Read More @ InfoWars.com
by Ellen Brown, GlobalResearch.ca:
The Wall Street Journal reported on January 19th
that the Obama Administration was pushing heavily to get the 50 state
attorneys general to agree to a settlement with five major banks in the
“robo-signing” scandal. The scandal involves employees signing names
not their own, under titles they did not really have, attesting to the
veracity of documents they had not really reviewed. Investigation
reveals that it did not just happen occasionally but was an
industry-wide practice, dating back to the late 1990s; and that it may
have clouded the titles of millions of homes. If the settlement is
agreed to, it will let Wall Street bankers off the hook for crimes that
would land the rest of us in jail – fraud, forgery, securities
violations and tax evasion.
To the President’s credit, however, he seems to have shifted his position on the settlement in response to protests before his State of the Union address. In his speech on January 24th,
President Obama did not mention the settlement but announced instead
that he would be creating a mortgage crisis unit to investigate
wrongdoing related to real estate lending. “This
new unit will hold accountable those who broke the law, speed
assistance to homeowners, and help turn the page on an era of
recklessness that hurt so many Americans,” he said.
Read More @ GlobalResearch.ca
from The Economic Collapse Blog:
Barack Obama is a man without a plan. When you are young, they often tell you to “fake it until you make it”, but Barack Obama is taking this to ridiculous extremes. Barack Obama has absolutely no idea what he is doing when it comes to the economy, and yet he continues to give speeches in which he declares that he is the man for the job. The State of the Union speech the other night was just abysmal. The federal government is spending way too much money, and yet Barack Obama is proposing even more government spending. Entrepreneurs and small businesses are being taxed into oblivion and yet Barack Obama is proposing even higher taxes. Our economy is being strangled to death by crippling regulations, and yet Barack Obama is proposing a vast array of new regulations. Barack Obama always gives a nice speech, but it has become appallingly evident that he is totally out of ideas. So our country will continue to drift aimlessly along without a direction and without a plan until the next financial tsunami comes along and makes things even worse.
And the American people are starting to clue in to the fact that Obama does not have a plan and does not have anything new to say. Just check out how the audiences for his State of the Union addresses have declined each year….
Read More @ TheEconomicCollapseBlog.com
Barack Obama is a man without a plan. When you are young, they often tell you to “fake it until you make it”, but Barack Obama is taking this to ridiculous extremes. Barack Obama has absolutely no idea what he is doing when it comes to the economy, and yet he continues to give speeches in which he declares that he is the man for the job. The State of the Union speech the other night was just abysmal. The federal government is spending way too much money, and yet Barack Obama is proposing even more government spending. Entrepreneurs and small businesses are being taxed into oblivion and yet Barack Obama is proposing even higher taxes. Our economy is being strangled to death by crippling regulations, and yet Barack Obama is proposing a vast array of new regulations. Barack Obama always gives a nice speech, but it has become appallingly evident that he is totally out of ideas. So our country will continue to drift aimlessly along without a direction and without a plan until the next financial tsunami comes along and makes things even worse.
And the American people are starting to clue in to the fact that Obama does not have a plan and does not have anything new to say. Just check out how the audiences for his State of the Union addresses have declined each year….
Read More @ TheEconomicCollapseBlog.com
![[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)
No comments:
Post a Comment