Dear CIGAs,
Have you considered the States of the US Dollar Union have financial problems equal to and in many cases in excess of the States of the European Union?
Have you considered that as bumbling as it has been that Europe has admitted their problem?
As ineffective as those euro initiatives might be, some action is being taken, while the Union of States of the US Dollar are united primarily in kicking the financial can (together with the US Fed) down a road now at a DEAD END? I have demonstrated to you why the road is now at its dead end in the recent three interviews and three special emails.
Don’t be lulled to sleep by the utilization of the insult that calls certain members of the EU PIGS.
The dollar crowd has not even considered that they have a problem so no cure to the liquidity addiction of the dollar crowd is possible.
Sleep on with illustrations like the one below. You will get a rude awakening come June this year as international dollar utilization sunders badly, setting a major unexpected down trend for the dollar and gold’s greatest ever ascent.
It is not the euro that is being sucked down the whirlpool of loss of value based on loss of utilization. It is the US dollar that is in the greater danger of loss of value due to loss of utilization.
from HeraldExtra.com:
Worried that the U.S. dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
The bill would not lead to folks carrying gold nuggets in their purses and would have little practical effect.
Rather the policy proposal from a small group of conservative lawmakers reflects anxieties about the nation’s financial stability, the domestic consequences of the European debt crisis and chronic deficit spending in Washington.
“There are lots of concerns about the U.S. monetary system,” said the bill’s sponsor, Republican Sen. Kent Lambert of Colorado Springs. “Individuals and states ought to be increasing their gold reserves. There’s no way to maintain the value of anything if countries start a race to the bottom by inflating their currency to get out of debt.”
Republican presidential candidate Ron Paul is among those who believe the nation should return to the gold standard, in which paper currency is guaranteed by precious metal.
Read More @ HeraldExtra.com
Worried that the U.S. dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
The bill would not lead to folks carrying gold nuggets in their purses and would have little practical effect.
Rather the policy proposal from a small group of conservative lawmakers reflects anxieties about the nation’s financial stability, the domestic consequences of the European debt crisis and chronic deficit spending in Washington.
“There are lots of concerns about the U.S. monetary system,” said the bill’s sponsor, Republican Sen. Kent Lambert of Colorado Springs. “Individuals and states ought to be increasing their gold reserves. There’s no way to maintain the value of anything if countries start a race to the bottom by inflating their currency to get out of debt.”
Republican presidential candidate Ron Paul is among those who believe the nation should return to the gold standard, in which paper currency is guaranteed by precious metal.
Read More @ HeraldExtra.com
FBI Latest Government Agency to Target Social Media
Judge Napolitano This Week
by M.N. Gordon, TheIntelHub.com:
Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff.
You’d think at that price the economy would be running red hot. But it’s not. In fact, according to Business Week, “demand in the U.S. is at its lowest point since 1997.”
What this means is demand for gas is at a 15 year low yet the price of gas has increased 8 percent since the end of 2011. How could that be?
Perhaps this has something to do with escalating saber-rattling between U.S. and Iran. Or, maybe, Iran’s threats earlier this week to cut oil sales to Europe. Certainly, if war is provoked with Iran oil could quickly spike to $150 per barrel.
Read More @ TheIntelHub.com
Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff.
You’d think at that price the economy would be running red hot. But it’s not. In fact, according to Business Week, “demand in the U.S. is at its lowest point since 1997.”
What this means is demand for gas is at a 15 year low yet the price of gas has increased 8 percent since the end of 2011. How could that be?
Perhaps this has something to do with escalating saber-rattling between U.S. and Iran. Or, maybe, Iran’s threats earlier this week to cut oil sales to Europe. Certainly, if war is provoked with Iran oil could quickly spike to $150 per barrel.
Read More @ TheIntelHub.com
from The Daily Bell:
Proof Libertarianism Is an Illuminati Ploy … So Jewish Supremacism can be retraced directly to the Austrian Economics’ main proponent himself (Murray Rothbard) … Libertarianism and Austrian Economics are not the products of maverick free thinkers. On the contrary, all leading proponents of the movement were highly connected individuals. In the early years the Volker Fund made available vast sums of money, because Austrian Economics was considered the right answer to communism, to maintain the dialectic the Money Power needs (also see: ‘Banker explained ‘Occupy America’ Scam’). Far from a fringe movement, Mont Pelerin Alumni collected no less than eight Noble Prizes. Alan Greenspan testified of its pervasive influence by saying in 2000: “the Austrian School have reached far into the future from when most of them practiced and have had a profound and, in my judgment, probably an irreversible effect on how most mainstream economists think in this country.” In this day and age when communism is no longer considered a threat, but with Marxism/Liberalism/Political Correctness a strong force in Western nations, Libertarianism has found a new lease of life as a way co-opting the resistance in the Alternative Media. The dialectic continues unabated. – Henry Makow
Dominant Social Theme: Freedom is government?
Free-Market Analysis: Social credit entrepreneur Anthony Migchels has authored a screed at HenryMakow.com entitled “Proof Libertarianism is an Illuminati Ploy.” He also thanks a fellow who has often provided controversial feedback here at the Daily Bell, “Memehunter.”
Read More @ TheDailyBell.com
Proof Libertarianism Is an Illuminati Ploy … So Jewish Supremacism can be retraced directly to the Austrian Economics’ main proponent himself (Murray Rothbard) … Libertarianism and Austrian Economics are not the products of maverick free thinkers. On the contrary, all leading proponents of the movement were highly connected individuals. In the early years the Volker Fund made available vast sums of money, because Austrian Economics was considered the right answer to communism, to maintain the dialectic the Money Power needs (also see: ‘Banker explained ‘Occupy America’ Scam’). Far from a fringe movement, Mont Pelerin Alumni collected no less than eight Noble Prizes. Alan Greenspan testified of its pervasive influence by saying in 2000: “the Austrian School have reached far into the future from when most of them practiced and have had a profound and, in my judgment, probably an irreversible effect on how most mainstream economists think in this country.” In this day and age when communism is no longer considered a threat, but with Marxism/Liberalism/Political Correctness a strong force in Western nations, Libertarianism has found a new lease of life as a way co-opting the resistance in the Alternative Media. The dialectic continues unabated. – Henry Makow
Dominant Social Theme: Freedom is government?
Free-Market Analysis: Social credit entrepreneur Anthony Migchels has authored a screed at HenryMakow.com entitled “Proof Libertarianism is an Illuminati Ploy.” He also thanks a fellow who has often provided controversial feedback here at the Daily Bell, “Memehunter.”
Read More @ TheDailyBell.com
Plans
for Greece to default, potentially leaving the euro, have been drafted
in Germany as the European Union begins to face up to the fact that
Greek debt is spiralling out of control – with or without a second
bailout.
by Bruno Waterfield, Telegraph.co.uk:
The
German finance ministry is actively pushing for Greece to declare
itself bankrupt and to agree a “haircut” on the bulk of its debts held
by banks, a move that would be classed as a default by financial
markets.
Eurozone finance ministers meet on Monday to approve the next tranche of loans from the EU and the International Monetary Fund, designed to stave off national bankruptcy while the new Greek government puts the country’s finances in order.
But the severe austerity measures being demanded have caused such fury in Greece, and the cuts required are so deep, that Wolfgang Schäuble, the German finance minister, does not believe that any government would be able to implement them.
Read More @ Telegraph.co.uk
by Bruno Waterfield, Telegraph.co.uk:
The
German finance ministry is actively pushing for Greece to declare
itself bankrupt and to agree a “haircut” on the bulk of its debts held
by banks, a move that would be classed as a default by financial
markets.Eurozone finance ministers meet on Monday to approve the next tranche of loans from the EU and the International Monetary Fund, designed to stave off national bankruptcy while the new Greek government puts the country’s finances in order.
But the severe austerity measures being demanded have caused such fury in Greece, and the cuts required are so deep, that Wolfgang Schäuble, the German finance minister, does not believe that any government would be able to implement them.
Read More @ Telegraph.co.uk
from King World News:
Today
Michael Pento told King World News that central banks are in the
process of destroying their paper currencies. Pento, who founded Pento
Portfolio Strategies, also said it is incredibly important for investors
globally to protects themselves in this environment. Pento had this to
say about the situation: “This is the age of a globalized phenomenon,
where central bankers around the world view the market forces of
deflation as public enemy number one and inflation as the panacea for
anemic growth.”
Michael Pento continues: Read More @ KingWorldNews.com
Today
Michael Pento told King World News that central banks are in the
process of destroying their paper currencies. Pento, who founded Pento
Portfolio Strategies, also said it is incredibly important for investors
globally to protects themselves in this environment. Pento had this to
say about the situation: “This is the age of a globalized phenomenon,
where central bankers around the world view the market forces of
deflation as public enemy number one and inflation as the panacea for
anemic growth.”Michael Pento continues: Read More @ KingWorldNews.com
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