Saturday, April 14, 2012

We’ve Come So Far. DON’T… STOP… NOW.

by SGT
At every step they said he couldn’t win. They said he didn’t have a chance. They told us he represented the fringe. And they called him a joke.
But the list of those left in his dust is long: Michelle Bachmann, Herman Cain, John Huntsman, Gary Johnson, Thaddeus McCotter, Tim Pawlenty, Rick Perry, Buddy Roemer and Rick Santorum. Meanwhile, Newt Gingrich’s campaign is on life support.
And now Americans all over this country and from all walks of life are waking up – and showing up by the thousands to support Ron Paul.
He has led us from the start, he continues to lead us now. And he needs our support more than ever. WE CAN’T STOP NOW. Support the one candidate who supports the Constitution:
Ron Paul’s ‘In It To Win It‘ April 15th Money Bomb. DONATE $20, $50, or $100 NOW!





Must Read...

The Man Who Should Be President

by Chuck Baldwin, Chuck Baldwin Live:
Today, I am going to do something that I have never done: I am going to devote virtually my entire column to posting another man’s words. That man is the man who should be President of the United States: Congressman Ron Paul of Texas. The following is a written transcript of a speech Dr. Paul gave on the floor of the US House of Representatives back in 2007. Had Congressman Paul been elected President in 2008, the country would be four years into the greatest economic, political, and, yes, spiritual recovery in the history of America. As it is, the US is on the brink of totalitarianism and economic ruin. And you can mark it down, four years from now it won’t matter to a tinker’s dam whether Barack Obama or Mitt Romney was elected President this November. Neither man has the remotest understanding of America’s real problems nor the courage and backbone to do anything about it if they did understand.
Read the following. This is a man who understands the Constitution. This is a man who understands sound economic principles. This is a man who understands liberty and freedom. This is a man who has the guts to tell the truth. This is a man who has put his life and career on the line for the principles of liberty for more than two decades. This is a man who has returned every dollar that he has been paid as a US congressman to the taxpayers. This is the man who should be President of the United States.
Read More @ ChuckBaldwinLive




KWN Weekly Metals Wrap


Dear CIGAs,

Please click the link below to listen to this week’s metals wrap up from King World News, featuring our very own Trader Dan Norcini.
Click here to listen to the weekly metals wrap up…

 

 

In The News Today


Jim Sinclair’s Commentary

Manipulators are so brazen they do whatever the hell they want whenever they want to show who is boss.
When Eric and I mused about gold having made a bottom at $1630 they sure showed us the next day at $1620.

Traders Walk Out of CME Eurodollar Pit to Protest Trade By Matthew Leising – Apr 13, 2012 4:01 PM ET
Local traders in the CME Group Inc. (CME)’s Eurodollar options pit walked off the job today to protest a block trade yesterday.
“These guys that stand in there all day and make prices would have loved to participate in that particular price, but they weren’t able to,” Rocco Chierici, a broker at R.J. O’Brien & Associates on the floor of the Chicago Mercantile Exchange, said in a telephone interview.
Traders in the Eurodollar pit on the CME Group trading floor in Chicago. Photographer: Scott Olson/Getty Images
Prices for the block trades of options on Eurodollar futures were higher than offers in the pit, which wouldn’t be allowed in open-outcry trading, Chierici said. Local traders buy and sell for their own account and in the process help add liquidity to a market. Block trades are privately negotiated transactions that are conducted outside the normal pit or via computer-based trading systems used by exchanges.
“There are rules that prohibit that in the pit, but you can circumvent the pit” in a block trade, Chierici said. “I believe they wanted to make the point that the system is not fair.”
Six block trades totaling 215,200 options traded at 8:11 a.m. Chicago time yesterday, according to CME Group’s website. The trade was rolling positions from April contracts, which expired today, into June contracts.
More…




Joseph Stiglitz: Is Mercantilism Doomed to Fail? And With It the US Dollar?

 

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The Criminal Manipulation of Food and Commodity Prices

 

 

The Banksters Ultimate Dream: A Cashless Society, Starting With the Military

by SGT
Why is a cashless society the holy grail of total tyrannical control for the Banksters? Because once your entire financial banking life is under the dominion of these criminals in the form of a card or an implanted chip, you will never again be free. They are already tracking you, building a database about you and monitoring your every move. But once cash transactions are done away with entirely, if the Banksters (or fascist government) don’t like your point of view or politics, they can just turn your chip off.
“And no one may buy or sell except one who has the mark or the name of the beast.” It’s all part of the Rockefeller plan as Hollywood producer Aaron Russo warned.
We recently received this note about the U.S. military’s implementation of the Eagle cash card, a misnomer since there’s NO CASH involved. This is just another part of the slippery slope into a 100% fascist society, controlled by a tiny group of elite psychopaths. Here’s the note:
Hey SGT, I love your blog and read it every day. I wanted to add something you may be missing. I am presently working for the U.S. Military at a deployed location. Soldiers, Sailors, Airman and Marines are already laying the groundwork for the “Cashless Society”. We are already using “Chips”, however, these chips are “Smart Cards” with chips on them. It is called the “Eagle Cash Card”. As with most technology that the government employs, they are trying it on the Department of Defense in areas not in plain site of regular civilians. The “powers that be” are very keen on using something called “Successive Approximation”. Basically, in layman terms “Baby Steps”. I don’t think they are going to the implants immediately (It’s still to Sci-Fi like for most people and too creepy for others). I truly believe they are going to use “Smart Cards” first. They already are using them. I know this because I have one and the Federal Reserve Bank of Boston manages it. Read More…

 

Gold: Return Of The King

from thevictoryreport1 :

The world has never been better positioned to use gold as a medium of exchange than it is right now.



FINANCIAL Collapse, WHEN?

from Fabian4Liberty:

 

SMX announces new E-Gold, E-Silver contracts

from Bullion Street:
Singapore Mercantile Exchange (SMX) announced launching E-Gold and E-Silver contracts this May.
According to Vaidyalingam Hariharan,Chief Executive of the Singapore Mercantile Exchange,the bourse will start these futures on May 8 and also considering rubber and sugar contracts in the near future.
The contracts will be cash-settled against the benchmark gold and silver futures contracts in India’s Multi Commodity Exchange.
Established in August 2010, SMX said trading volumes on all its contracts surged to more than 800,000 lots in the first quarter of the year, valued at nearly $30 billion, from around 37,000 lots in the same period in 2011.
Read More @ BullionStreet.com

 

 

How Serious are China and India About Their Gold?

by Eric McWhinnie, Wall St Cheat Sheet:
Despite the Dow Jones Industrial Average and the S&P 500 suffering their worst day of the year on Tuesday, precious metals were able to decouple and climb higher. Gold futures for June delivery increased almost $17 to settle at $1,660, while silver gained 16 cents to close at $31.68. Although gold prices declined in March and had the media buzzing once again about a possible bubble, the world continues to be more interested in precious metals than ever before.
Outside of the United States, countries take their gold business very seriously. Earlier this week, a 30 year old Chinese woman was given the death sentence by a court in Wenzhou. According to Xinhua news agency, Wang Caiping cheated investors out of 100.11 million yuan, losing 94 million yuan in futures and gold trading. Xinhua explained that she borrowed the money in 2010 promising to invest in equipment and property, but used the money instead to speculate in futures and gold trading with her brother.
Read More @ WallStCheatSheet.com




Royal Canadian Mint to Trade Coins for Digital Currency “MintChip”

by Tiffany Kaiser, DailyTech:
Canada is looking to trade in traditional coin currency for a digital version that can be exchanged using devices like smartphones, and it’s looking for some help from software developers.
The Royal Canadian Mint is looking to axe its coin business, which it has had for over 100 years. Instead, it wants to use a digital currency called MintChip.
MintChip is a secure microchip that would allow people to pay for small transactions using technology like smartphones, tablets, USB sticks, computers and clouds. However, like cash, the transactions would be anonymous.
“There’s been a very huge growing digital economy that is really going to be fueled by smartphones and mobile being the next big thing,” said Marc Brûlé, the Royal Canadian Mint’s chief financial officer.
Read More @ DailyTech.com

 

U.S. has one of the highest number of employed working in low wage jobs among industrialized nations.

[Ed. Note: Remember that time Al Gore told us that NAFTA and Globalization would be a "good deal" for America and increase the number of jobs in the U.S.? Well, here's the result:]
MyBudget360.com
1 out of 4 Americans employed work in jobs that pay less than $10 per hour.
Low wage jobs have been a big part of the so-called recovery.  What they also signify is a more troublesome trend that continues to eat away at the middle class in this country.  I’ve noted that the per capita average income for Americans is $25,000 and many seem to be shocked when they hear how low this figure is.  A recent presentation only reinforces this figure by discussing the number of working Americans in low wage fields.  The problem with having such a large portion of our population in low wage work is that as the cost of living goes up many of these people have a harder time providing for necessities like food, education, and also healthcare.  Surprising or not, the nation has been seeing a massive divide between the working class and those at the top.  The low wage employment growth signifies a continuation of this trend.
Read More @ MyBudget360.com

 

 

BTFD...

 

The 2012 National Debt Road Trip

from 10000Pennies :

 

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