Why is Ron Paul America’s last chance?
Because he is the only candidate who is not owned lock, stock, and barrel by the military-security complex, Wall Street, and the Israel Lobby.
All of the others, including President Obama, are owned by exactly the same interest groups. There are no differences between them. Every candidate except Ron Paul stands for war and a police state, and all have demonstrated their complete and total subservience to Israel. The fact that there is no difference between them is made perfectly clear by the absence of substantive issues in the campaigns of the Republican candidates.
Only Ron Paul deals with real issues, so he is excluded from “debates” in which the other Republican candidates throw mud at one another: “Gingrich voted $60 million to a UN program supporting abortion in China.” “Romney loves to fire people.”
The mindlessness repels.
Read More @ PaulCraigRoberts.org
[Ed. Note: This is the full speech where Ron Paul delivered the warning about the dollar being replaced.]
@17:50 “We now have international government, and it’s very much involved through environmental laws, educational mandates, and all kinds of things under the organization of the United Nations, the IMF, and the World Bank, and I think that we should strictly adhere to the constitution, and not deliver any of our sovereignty up to any of these international organizations. Right now, we have a financial crisis, they know it as much as we do, and they’re planning, but they’re planning an international answer to this. They’re planning, through the IMF, to come up with a world currency to replace the dollar, because the dollar will be replaced — you just can’t keep printing them forever.”–Dr. Ron Paul
@17:50 “We now have international government, and it’s very much involved through environmental laws, educational mandates, and all kinds of things under the organization of the United Nations, the IMF, and the World Bank, and I think that we should strictly adhere to the constitution, and not deliver any of our sovereignty up to any of these international organizations. Right now, we have a financial crisis, they know it as much as we do, and they’re planning, but they’re planning an international answer to this. They’re planning, through the IMF, to come up with a world currency to replace the dollar, because the dollar will be replaced — you just can’t keep printing them forever.”–Dr. Ron Paul
Hello all,
I hope you’ve been settling in to 2012 nicely. While we try to keep things as light as possible here at TDV, we can’t help but wonder if the world’s governments aren’t trying to make sure the promise made by the Mayans is kept!
A friend to us at TDV, Gary Gibson of Whiskey & Gunpowder, awoke us to this building threat this morning when he made mention of this article, “Western Forces React to Iran Hormuz Threat“. The article states:
What’d They Do To Ron This Week? |
“A buildup of
Western naval forces in the Persian Gulf and Arabian Sea is a reaction
to Iran’s threat to close the Strait of Hormuz, military experts
say.U.S., Russian, French and British air and naval forces moved to the
Syrian and Iranian coasts during the weekend, Israeli military
intelligence Web site DEBKAfile reported Monday. The Russian carrier
Admiral Kuznetsov anchored earlier than planned at Syria’s Tartus port
on the Mediterranean Sunday, causing France to respond by consigning an
air defense destroyer to the waters off Tartus, DEBKAfile reported.
Canada also was sending a warship, the HMCS Charlottetown, to the
Mediterranean where it would take over from the HMCS Vancouver.”
Read More @ DollarVigilante.comBeating the Drums of War: Provoking Iran into “Firing the First Shot”?
by Michel Chossudovsky, GlobalResearch.ca:
While the possibility of a war with Iran is acknowledged in US news reports, its regional and global implications are barely analyzed.
Very few people in America are aware or informed regarding the devastation and massive loss of life which would occur in the case of a US-Israeli sponsored attack on Iran.
The media is involved in a deliberate process of camouflage and distortion.
War preparations under a “Global Strike” Concept, centralized and coordinated by US Strategic Command (STRATCOM) are 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.
The “Globalization of War” involving the hegemonic deployment of a formidable US-NATO military force in all major regions of the World is inconsequential in the eyes of the Western media.
The broader implications of this war are either trivialized or not mentioned. People are led to believe that war is part of a “humanitarian mandate” and that both Iran as well as Iran’s allies, namely China and Russia, constitute an unrelenting threat to global security and “Western democracy”.
Read More @ GlobalResearch.ca
While the possibility of a war with Iran is acknowledged in US news reports, its regional and global implications are barely analyzed.
Very few people in America are aware or informed regarding the devastation and massive loss of life which would occur in the case of a US-Israeli sponsored attack on Iran.
The media is involved in a deliberate process of camouflage and distortion.
War preparations under a “Global Strike” Concept, centralized and coordinated by US Strategic Command (STRATCOM) are 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.
The “Globalization of War” involving the hegemonic deployment of a formidable US-NATO military force in all major regions of the World is inconsequential in the eyes of the Western media.
The broader implications of this war are either trivialized or not mentioned. People are led to believe that war is part of a “humanitarian mandate” and that both Iran as well as Iran’s allies, namely China and Russia, constitute an unrelenting threat to global security and “Western democracy”.
Read More @ GlobalResearch.ca
Overnight Long/Intraday Short Gold Fund More Than Doubles In Just Over A Year: Generates 43% Annualized Return
Back in August 2010, we presented an idea proposed by our friends at SK Options trading for a very simple trading strategy: being long gold in the overnight session, and shorting it during the day. At the time of writing, such a strategy would have returned $2.16 billion from a $100 million initial investment in 10 years, a 37.46% annualized return. Today, we provide a much needed follow up to this quite stunning divergence. As SK notes: "we have revisited the article and written an update. Not only does the discrepancy still exist but it has been actually increasing. That fund would now be worth $5.26B, way up from $2.16B when we last wrote about it - in other words an increase of 143% in just over a year. When we wrote about this in August 2010, the annualized return of the Long Overnight/Short Intraday gold index was 37.46% since the start of 2001. However if we measure from now the annualized return since 2001 is 43.24%, with the annualized return of the Long Overnight/Short Intraday gold index standing at roughly 64.4% since 2009." So for those who wish to layer on an additional alpha buffer on top of what is already the best performing asset of the past decade, the SK Options way just may be the strategy. As for the reasons for this gross arbitrage - who cares. Is it manipulation? is it the early Asian buying offset by London pool selling? It is largely irrelvant - the point is that this is "the divergence that keeps on giving" - kinda like a Stolper trade, or an inverse Tilson ETF, and until it doesn't, or until something dramatically changes in the precious metal market, it is likely that this trading pattern will continue for a long time.Yes, The Broncos Were Humbled + Romney's Top Contributors
Dave in Denver at The Golden Truth - 1 hour ago
Just as Wall Street and the Government like to release bad news on 5 p.m.
on Friday, when the markets have been closed for a few hours globally and
everyone is focused on the weekend, I offer up my congratulations to the
New England Patriots today, who thoroughly trounced the Broncos.
Having said that, I feel good about next season, as it looks like Tim Tebow
has shown the ability over the course of the season to learn the pro-style
passing game. What all of his critics fail to mention as they hurl
unfounded insults at him is that, not only was he tossed in as the Bronco
starter at... more »
Yield Spreads Suggest Favorable Backdrop For Gold
Eric De Groot at Eric De Groot - 1 hour ago
The expectation that gold will be hammered by an equity takedown in 2012
has not been confirmed by the markets. The majority of equity takedowns are
foreshadowed by an upside blowout or cluster in yield spreads. The spread
between AAA seasoned corporate bond yields and US Treasury bond yields,
illustrated in chart 1, and BAA yields and AAA yields, illustrated in chart
2, reveals tendency....
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content, and more! ]]
Zimbabwe Case Study: Debt & Money Printing
Admin at Marc Faber Blog - 2 hours ago
“If debt and money printing equaled prosperity then Zimbabwe would be the
richest country.” - *Dr. Marc Faber quoted in Big Government website*
*Marc Faber is an international investor known for his uncanny predictions
of the stock market and futures markets around the world.*
In The Long Term, Commodities Are Still In A Major Uptrend
Admin at Jim Rogers Blog - 3 hours ago
Commodities prices may have been in a short term down, but on long term
commodity prices are still in the major uptrend and that is going to
continue. - *in ET*
*Related, United States Oil fund ETF (USO), ELEMENTS Rogers Intl Commodity
Index - Agriculture Total Return ETN (RJA), PowerShares DB Agriculture Fund
(DBA), Powershares DB Base Metals Fund ETF (DBB) *
*Jim Rogers is an author, financial commentator and successful
international investor. He has been frequently featured in Time, The New
York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The
Financial Times and i... more »
Ignore
the ‘vulture capital’ talk. Romney, Obama, and both parties rely on
their support—money that comes from government-backed,
taxpayer-supported pension funds.
by Nomi Prins, TheDailyBeast:
GOP presidential hopeful Mitt Romney inspired a slew of commentary about the private-equity industry, following his boasts of creating 100,000 jobs during his reign at Bain Capital. Some columns claimed private equity is an important part of capitalism, so stop picking on it. Some pointed out the sector infiltrates firms, cuts jobs and expenses, and makes buckets of money in the process. Which it does. But simply examining whether private equity is inherently good or evil, and by extension whether Romney is, misses key points fundamentally related to our nation’s economic health.
Click here to find out more!
First, the tax structure for private equity—and hedge-fund and venture-capital firms—gives it an unfair advantage, while encouraging excessive fee and profit extraction from flailing companies. Second, private-equity funding disproportionally comes from public pension funds. In other words, from government-backed, taxpayer-supported money.
Read More @ TheDailyBeast.com
by Nomi Prins, TheDailyBeast:
GOP presidential hopeful Mitt Romney inspired a slew of commentary about the private-equity industry, following his boasts of creating 100,000 jobs during his reign at Bain Capital. Some columns claimed private equity is an important part of capitalism, so stop picking on it. Some pointed out the sector infiltrates firms, cuts jobs and expenses, and makes buckets of money in the process. Which it does. But simply examining whether private equity is inherently good or evil, and by extension whether Romney is, misses key points fundamentally related to our nation’s economic health.
Click here to find out more!
First, the tax structure for private equity—and hedge-fund and venture-capital firms—gives it an unfair advantage, while encouraging excessive fee and profit extraction from flailing companies. Second, private-equity funding disproportionally comes from public pension funds. In other words, from government-backed, taxpayer-supported money.
Read More @ TheDailyBeast.com
by Stephen Lendman:
America has a sordid repressive history. Among others, First Amendment rights are violated.
It guarantees freedom of religion, expression, to petition government for redress of grievances, and right to peacefully assemble.
The 1798 Alien and Sedition Acts restricted First Amendment freedoms.
So did 1919 anti-communist Palmer raids, the 1934 Special Committee on Un-American Activities, its House Un-American Activities Committee (HUAC) successor, secret FBI COINTELPRO crackdowns, the 1996 Anti-Terrorism and Effective Death Penalty Act, the 2001 USA Patriot Act, and other post-9/11 measures.
These and other measures expanded government surveillance, eroded habeas, formalized military tribunals, permitted torture-extracted confessions, and instituted violence for national security.
Read More @ SJLendman.Blogspot.com
America has a sordid repressive history. Among others, First Amendment rights are violated.
It guarantees freedom of religion, expression, to petition government for redress of grievances, and right to peacefully assemble.
The 1798 Alien and Sedition Acts restricted First Amendment freedoms.
So did 1919 anti-communist Palmer raids, the 1934 Special Committee on Un-American Activities, its House Un-American Activities Committee (HUAC) successor, secret FBI COINTELPRO crackdowns, the 1996 Anti-Terrorism and Effective Death Penalty Act, the 2001 USA Patriot Act, and other post-9/11 measures.
These and other measures expanded government surveillance, eroded habeas, formalized military tribunals, permitted torture-extracted confessions, and instituted violence for national security.
Read More @ SJLendman.Blogspot.com
by James Turk, GoldMoney.com:
I consider gold and silver to be the bedrock asset of an investment portfolio. In other words, it is the foundation stone upon which the rest of a portfolio is built. Given this important role in which I hold the precious metals, it is essential to keep them safe.
Safety can mean different things to different people. Until recently, for example, many investors believed that Switzerland was isolated from the world’s monetary turmoil. They therefore thought that the Swiss franc was a safe place to keep their money, but the illusion of safety vanished instantly when the Swiss National Bank announced that it would not let the Swiss franc strengthen beyond 1.2 Swiss francs per euro.
US government debt instruments are another asset class that in reality offer only the illusion of safety. Scottish author and historian Niall Ferguson has warned that T-bonds and T-bills are a safe haven like Pearl Harbor in 1941.
Gold and silver are safe havens because they are tangible assets. Therefore, they do not have counterparty risk. In other words, there is no risk of default, but only if you own physical metal. Paper-gold and paper-silver are financial assets and therefore have counterparty risk. They only offer the illusion of gold and silver ownership.
So how does one keep their physical metals safe?
Read More @ GoldMoney.com
I consider gold and silver to be the bedrock asset of an investment portfolio. In other words, it is the foundation stone upon which the rest of a portfolio is built. Given this important role in which I hold the precious metals, it is essential to keep them safe.
Safety can mean different things to different people. Until recently, for example, many investors believed that Switzerland was isolated from the world’s monetary turmoil. They therefore thought that the Swiss franc was a safe place to keep their money, but the illusion of safety vanished instantly when the Swiss National Bank announced that it would not let the Swiss franc strengthen beyond 1.2 Swiss francs per euro.
US government debt instruments are another asset class that in reality offer only the illusion of safety. Scottish author and historian Niall Ferguson has warned that T-bonds and T-bills are a safe haven like Pearl Harbor in 1941.
Gold and silver are safe havens because they are tangible assets. Therefore, they do not have counterparty risk. In other words, there is no risk of default, but only if you own physical metal. Paper-gold and paper-silver are financial assets and therefore have counterparty risk. They only offer the illusion of gold and silver ownership.
So how does one keep their physical metals safe?
Read More @ GoldMoney.com
[Ed. Note:
Who puts $40,000 in a checked bag? Hello?!? You didn't have room in
your carry-on for a fat envelope worth $40,000? Nah, it's too heavy...
Let someone else worry about carrying it.]
by Jonathan Benson, NaturalNews.com:
Any normal person found guilty of stealing $40,000 from, say, a bank or an employer, would likely be sentenced to at least five years of prison. But when you work for the US Transportation Security Administration (TSA), you can expect to be given special legal treatment and sent on your way.
The Associated Press reports that two former TSA screeners, 44-year-old Coumar Persad and 31-year-old Davon Webb, both of which worked at John F. Kennedy International Airport in New York, have pleaded guilty to grand larceny, obstructing governmental administration, and official misconduct, for stealing nearly $40,000 from an airport traveler’s luggage. But rather than receive a normal prison sentence for such crimes, the two were sentenced to just six months in prison with five years of probation.
Reports indicate that Persad, who was an X-ray luggage screener at the time, had spotted the wad of cash in a suitcase while monitoring the X-ray screen. He reportedly then contacted Webb, who worked in another baggage area, to watch for the bag and mark it with special tape. Persad later intercepted the bag in another baggage handling area, and proceeded to open it up and take the cash.
Read More @ NaturalNews.com
by Jonathan Benson, NaturalNews.com:
Any normal person found guilty of stealing $40,000 from, say, a bank or an employer, would likely be sentenced to at least five years of prison. But when you work for the US Transportation Security Administration (TSA), you can expect to be given special legal treatment and sent on your way.
The Associated Press reports that two former TSA screeners, 44-year-old Coumar Persad and 31-year-old Davon Webb, both of which worked at John F. Kennedy International Airport in New York, have pleaded guilty to grand larceny, obstructing governmental administration, and official misconduct, for stealing nearly $40,000 from an airport traveler’s luggage. But rather than receive a normal prison sentence for such crimes, the two were sentenced to just six months in prison with five years of probation.
Reports indicate that Persad, who was an X-ray luggage screener at the time, had spotted the wad of cash in a suitcase while monitoring the X-ray screen. He reportedly then contacted Webb, who worked in another baggage area, to watch for the bag and mark it with special tape. Persad later intercepted the bag in another baggage handling area, and proceeded to open it up and take the cash.
Read More @ NaturalNews.com
by Maria Kolesnikova, Bloomberg.com:
The conditions that led to the birth of Occupy Wall Street are very similar to those before the Great Depression, says former Goldman Sachs Group Inc. (GS) managing director Nomi Prins.
Prins is the author of “Black Tuesday,” a novel set in 1929 and ‘30 in which the heroine accidentally discovers dark secrets at the nation’s largest bank. Prins has also written three nonfiction books, including “It Takes a Pillage: Behind the Bailouts, Bonuses and Backroom Deals From Washington to Wall Street” (2009).
In an interview at Bloomberg world headquarters in New York, we discussed the past and future of the financial system and the mistakes policy makers are repeating.
Onaran: Why did you go for fiction this time?
Prins: Read More @ Bloomberg.com
The conditions that led to the birth of Occupy Wall Street are very similar to those before the Great Depression, says former Goldman Sachs Group Inc. (GS) managing director Nomi Prins.
Prins is the author of “Black Tuesday,” a novel set in 1929 and ‘30 in which the heroine accidentally discovers dark secrets at the nation’s largest bank. Prins has also written three nonfiction books, including “It Takes a Pillage: Behind the Bailouts, Bonuses and Backroom Deals From Washington to Wall Street” (2009).
In an interview at Bloomberg world headquarters in New York, we discussed the past and future of the financial system and the mistakes policy makers are repeating.
Onaran: Why did you go for fiction this time?
Prins: Read More @ Bloomberg.com
by John Rubino, DollarCollapse.com:
If investing seems harder than it used to, you’re not imagining things. U.S. stocks are down from a decade ago, the gold/silver miners haven’t kept up with the underlying metals, and though Treasury bonds have done pretty well, only a lunatic would count on them going forward.
And now that MF Global has crashed and taken its customers’ money with it, we’re faced with the possibility that even if our stocks go up, the accounts they’re in might disappear without a trace. So yeah, it’s harder than it used to be.
On this last point, there’s clearly a market for advice on how to minimize brokerage account risk, and BullMarketThinking’s Tekoa Da Silva has has just published a report, “Bulletproof Your Shares”, that does a good job of explaining the various alternatives. The report sells for $44.95, but he’s graciously allowed DollarCollapse to post a few excerpts:
Read More @ DollarCollapse.com
If investing seems harder than it used to, you’re not imagining things. U.S. stocks are down from a decade ago, the gold/silver miners haven’t kept up with the underlying metals, and though Treasury bonds have done pretty well, only a lunatic would count on them going forward.
And now that MF Global has crashed and taken its customers’ money with it, we’re faced with the possibility that even if our stocks go up, the accounts they’re in might disappear without a trace. So yeah, it’s harder than it used to be.
On this last point, there’s clearly a market for advice on how to minimize brokerage account risk, and BullMarketThinking’s Tekoa Da Silva has has just published a report, “Bulletproof Your Shares”, that does a good job of explaining the various alternatives. The report sells for $44.95, but he’s graciously allowed DollarCollapse to post a few excerpts:
Read More @ DollarCollapse.com
[Ed. Note:
It's amazing how cheap it is to buy these politicians. Except for Ron
Paul, who cannot be bought, which is why his list of contributors
contains the names of guys like you and me.]
from ZeroHedge.com:
Original Source @ ZeroHedge.com
"Last May, Ron Paul filed his financial disclosure form, and The Wall Street Journal enlisted financial analyst William Bernstein to scrutinize his investments.
The article includes this:
from ZeroHedge.com:
Original Source @ ZeroHedge.com
"Last May, Ron Paul filed his financial disclosure form, and The Wall Street Journal enlisted financial analyst William Bernstein to scrutinize his investments.
The article includes this:
“Paul’s portfolio isn’t merely different,” said an astonished Journal, “it’s shockingly different.”
Twenty-one percent of his $2.4 to $5.5 million was in real estate, 14 percent in cash. He owns no bonds. Only 0.1 percent is invested in stocks, and Paul bought these “short,” betting the price will plunge. Every other nickel is sunk into gold and silver mining companies.
Bernstein “had never seen such an extreme bet on economic catastrophe,” said the Journal.
“This portfolio,” said Bernstein, “is a half step away from a cellar-full of canned goods and 9-millimeter rounds.”
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