While an inflationary U.S. monetary policy has serious consequences, hyperinflation is not an immediate result. There are three general ways in which the U.S. dollar system could break down: Read More…
But We Can’t Let You Actually SEE the Gold: German Parliament Denied Access to Inspect German Gold Reserves Due to ‘Lack of Visiting Rooms’
from Silver Doctors:
Read More @ Silver Doctors
Earlier this month Eric Sprott circulated a paper, co-authored by him, which concluded that Western central banks have considerably less physical gold than they claim. It shows that since the year 2000 there has been a net increase in identifiable annual demand of 2,268 tonnes, and concludes that some supply, apart from mine output from the “free” world, must come from Western central banks – because there can be no other source.
This supply amounts to price suppression in the name of demonetising gold. Therefore, while minimal investment interest is shown in precious metals in the West, central bank selling and net jewellery liquidation (currently running at about 1,000 tonnes annually) are effectively supplying Asia with gold at artificially low prices in what amounts to a transfer of wealth.
Read More @ financialsense.com
STAGE 3: The price of gold is subject to increasing highs and lows and large investment funds move in and out of gold as global uncertainties wax and wane, a sign that gold is increasingly a haven in uncertain times.
pp. 151-152, Time of the Vulture: How to Survive the Crisis and Prosper in the Process, DRS, 3rd ed., 2012
In How to Survive the Crisis and Prosper in the Process (3rd ed., 2012) I describe the five stages of gold. When I began writing the book in 2006, gold was in Stage 2. In 2007, gold entered Stage 3 where speculators and investment funds become a factor the increasingly volatile price of gold.
On October 19th, Commerzbank attributed the day’s 1.3 % fall in the price of gold to speculative financial investors: “The Dollar Gold Price fell to $1732 per ounce Friday …We hold selling by speculative financial investors responsible for the price slide…In recent weeks they had strongly built up their positions and may now be seeing themselves forced to take profits given the faltering upswing.”
Read More @ GoldSeek.com
When the so-called Arab Spring erupted in late 2010, it was lauded by the Western media as a triumph for freedom and democracy. Here was a group of nations traditionally ruled through various forms of theocracy and dictatorship where the citizens had finally had enough. People were taking to the streets and demanding that those regimes which had been using their leadership roles to suppress dissent and enrich themselves would finally have to own up to the decades of misery they caused. Time magazine went as far as to name “the protestor,” the person of the year while praising the energy and youthful exuberance which embodied the movement. No longer were street protests “pointless emotional sideshows” according to the magazine; they were a fight for justice.
But the Arab Spring has not turned out to be a jubilee of peace and freedom it was made out to be. The recent attack on the U.S. consulate in Libya and the killing of diplomat J Christopher Stevens has proven false the narrative which held the overthrowing of former dictator Moammar Gadhafi was needed to make the transition to peaceful democracy.
Read More @ Mises.ca
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Top rated You Tube comment: ASHAMED OF MY GOVERNMENT!! CAN NOT STAND WHAT THEY/WE ARE DOING!! GOD HELP THESE PEOPLE!!!! (there are some americans against the war) My heart hurts for all of the people…
Vietnam’s gold monopoly Saigon Jewelry Company (SJC) said it has introduced new anti-fake wrapping on every national gold bullion.
SJC said national gold bullion in small weights of one-tenth to five-tenths of a tael will now bear new anti-fake wrapping.
The new package has a holographic SJC in the front center, while the back side is equipped with an anti-fake label with the SJC logo.
The wrapping change came after the market was recently flooded with fake SJC gold bullion that weighed two tenths of a tael.
Read More @ BullionStreet.com
Did Portland City Council members secretly meet with lobbyists representing those who seek to force area residents to be poisoned with fluoride? Opponents of the effort seem to think so, and with good reason.
The lobbyists did, in fact, meet with all five council members in July or August, they have said, but only one of those initial meetings appears on public calendars and only then under a vague heading, according to local Oregon media.
If there was other contact, that could cast a pall over the entire council because such meetings would appear to violate the city’s lobbying and reporting requirements.
Read More @ NaturalNews.com
As the snow already has begun to fall across much of the expanse of Canada, the weather has settled into a deep freeze (-20C, -4F overnight in Calgary this week) and the sun shrinks into the distance, a faint light mocking you for living so far away from it, there is usually one thing that makes living in North America’s version of Siberia possible. Hockey.
While I comfortably watch the sport from my outdoor living room on the beach in Acapulco most Canadians have to slog through the snow and mud for eight months of the year just to get a few hours of live entertainment. But this year the NHL has locked out the players in a dispute over salaries. If they can’t come to an agreement soon it threatens to wipe out the entire season.
You may think this is a rarity, but in fact this happens quite a bit. There was a player’s strike in 1992, a lockout in 1994-1995 and in 2004-2005 the entire season was lost over another lockout. In my opinion, the biggest problem is unions.
Read More @ DollarVigilante.com
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by Paul Joseph Watson, InfoWars:
The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices and moderate long-term interest rates.”
Often referred to as the “Dual Mandate” of the Federal Reserve, remarkably I count three mandates in that mission statement.
Read More @ AmericanThinker.com
Luke Rudkowski asks NY Congressman and Romney representative, Peter King for his insight on how Mitt Romney should handle the inheritence of Obama’s kill list should he become president. Peter King touts the kill list as “totally right, totally Constitutional” as he quickly becomes angered and derogatory towards Luke.
India, the world’s second-most populous country and one of its poorest, has apparently had enough of agribusiness giant Monsanto.
According to a recent story in Science magazine:
Sounding what some regard as the death knell for the development of genetically modified food crops in India, a high-profile parliamentary panel last week recommended that GM crop “field trials under any garb should be discontinued forthwith,” and that agricultural GM research should “only be done under strict containment.” If implemented, the report’s recommendations would paralyze research and erode India’s food security, warns India’s chief of crop research.
Even more damning is this: Following the release of the report, the panel’s chair, Basudeb Acharia, said in no uncertain terms: “India should not go in for GM food crops.”
Read More @ NaturalNews.com
by Lois Beckett, Pro Publica:
If you’re a registered voter and surf the web, one of the sites you visit has almost certainly placed a tiny piece of data on your computer flagging your political preferences. That piece of data, called a cookie, marks you as a Democrat or Republican, when you last voted, and what contributions you’ve made. It also can include factors like your estimated income, what you do for a living, and what you’ve bought at the local mall.
Across the country, companies are using cookies to tailor the political ads you see online. One of the firms is CampaignGrid, which boasted in a recent slideshow, “Internet Users are No Longer Anonymous.” The slideshow includes an image of the famous New Yorker cartoon from 1993: “On the Internet, nobody knows you’re a dog.” Next to it, CampaignGrid lists what it can now know about an Internet user: “Lives in Pennsylvania’s 13th Congressional District, 19002 zip code, Registered primary voting Republican, High net worth household, Age 50-54, Teenagers in the home, Technology professional, Interested in politics, Shopping for a car, Planning a vacation in Puerto Rico.”
Read More @ ProPublica.com
Still think your vote counts...
The Free Press has previously reported, Scytl, a Barcelona based e-voting company will be counting votes in 26 states. They will be doing so through something called the Federal Overseas Voting Program or FVAP. FVAP is a program designed to allow military personnel and other overseas Americans to vote in their home districts seamlessly through electronically delivered absentee ballots.
Intercepting and changing these ballots, as well as voting electronically on behalf of service people that have no idea such a thing is happening, is something that Scytl is uniquely positioned to do because of their cellphone spyware sister company, CarrierIQ. These stolen votes, distributed throughout jurisdictions across the country, could become a critical component of any scheme to defraud the 2012 presidential election. By means of changing a relatively small number of votes, and laundering those stolen votes in the correct places, the net effect would be a near silent theft.
Read More @ Truth-Out.org
As the democratic masses increasingly sense that their living standards are becoming threatened, they have been blindly authorizing their governments to do “whatever it takes” to arrest the impending economic collapse.
In fact, as the vocal voting public insists upon quick solutions to the economic crises, politicians are ready and waiting to analyze popular needs and desires in order to deliver the messages that the people so badly want hear.
Politicians are more and more being asked to artificially prop up asset prices, the Dow and the housing market in order to help the average person start to feel good again about the fundamentally weak economy they live and work in.
Price Stability Goal Means No End to QE Likely
Read More @ SilverSeek.com
Dear Friend of GATA and Gold:
With the Associated Press report appended here, the German gold audit story has just exploded into the English-language press with some important revelations: The gold vaulted by the German central bank, the Bundesbank, with the Bank of England “has fallen ‘below 500 tons’ due to recent sales and repatriations. …” So despite the lack of official announcement, Germany lately has been selling gold from London — perhaps as part of the secret “strategic activities” grudgingly acknowledged two years ago by the Bundesbank to GATA’s friend, the German financial journalist Lars Schall:
The lack of announcement of the sale of the German gold in London suggests that the sale was actually part of a gold swap with another central bank — like the New York Fed. That is, the powerful implication here is that German gold in London was sold at the behest of the United States and in exchange Germany took title to United States gold vaulted in the United States — or title to gold supposedly vaulted in the United States. This way the Bundesbank could continue to claim ownership of the same amount of gold without lying, at least not technically.
Read More @ GATA.org
Until the late 1990s, individuals interested in Austrian economics, U.S. constitutional history, and libertarian philosophy had few sources of information. They had to spend hours scouring used book stores or the back pages of obscure libertarian periodicals to find the great works of Mises, Rothbard, Hayek, and other giants of liberty. Local library and university collections ignored libertarian politics and economics.
Today, however, the greatest classics of libertarian thought, libertarian philosophy, and libertarian economics are available instantly to anyone with internet access. Thanks to the internet, it is easier than ever before for liberty activists to spread news and other information regarding the evils of government power and the benefits of freedom. For the first time in human history, supporters of liberty around the world can share information across borders quickly and cheaply. Without the filter of government censors, this information emboldens millions to question governments and promote liberty.
Read More @ Paul.House.gov
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