[Ed. Note:
Those of us who are fully informed and understand the systematic
criminality of the Western banking system, remain amused every time gold
is mentioned as a "risky asset".]
by Justin Menza, CNBC:
Investors looking to preserve their purchasing power will have to avoid Treasurys and put their money in “real assets” such as stocks and real estate, Bill Gross, Pimco co-founder, told CNBC’s “Closing Bell” on Monday.
“In the Treasury market all interest rates are on a negative basis,” Gross said. “Risk averse investors looking to hide in Treasurys will see a haircut relative to future inflation.”
So in order to maintain purchasing power, investors are being forced into riskier assets like stocks, high-yield bonds, real estate and gold, Gross said.
“It doesn’t mean you should buy them,” Gross added. “But if you want to maintain purchasing power you have to make the leap into real asset territory to get a real return.”
Watch the interview HERE.
Read More @ CNBC.com
from TrimTabs:
by Justin Menza, CNBC:
Investors looking to preserve their purchasing power will have to avoid Treasurys and put their money in “real assets” such as stocks and real estate, Bill Gross, Pimco co-founder, told CNBC’s “Closing Bell” on Monday.
“In the Treasury market all interest rates are on a negative basis,” Gross said. “Risk averse investors looking to hide in Treasurys will see a haircut relative to future inflation.”
So in order to maintain purchasing power, investors are being forced into riskier assets like stocks, high-yield bonds, real estate and gold, Gross said.
“It doesn’t mean you should buy them,” Gross added. “But if you want to maintain purchasing power you have to make the leap into real asset territory to get a real return.”
Watch the interview HERE.
Read More @ CNBC.com
from TrimTabs:
from Gains Pains & Capital:
Yesterday I told you about my bi-weekly investment newsletter, Private Wealth Advisory and how it has helped our clients (all of them Phoenixes: people who are aware of the economic/financial cycles and are taking action to insure that they and their wealth emerge victorious from them), profit from the markets on a regular basis. As a quick review, we’ve now seen 72 straight winners (we locked in another 9% gain this morning) and not a single closed losing trade in the last 12 months.
They say a picture’s worth a 1,000 words. Here’s the performance of Private Wealth Advisory’s investment recommendations over the last 12 months assuming the following:
Yesterday I told you about my bi-weekly investment newsletter, Private Wealth Advisory and how it has helped our clients (all of them Phoenixes: people who are aware of the economic/financial cycles and are taking action to insure that they and their wealth emerge victorious from them), profit from the markets on a regular basis. As a quick review, we’ve now seen 72 straight winners (we locked in another 9% gain this morning) and not a single closed losing trade in the last 12 months.
They say a picture’s worth a 1,000 words. Here’s the performance of Private Wealth Advisory’s investment recommendations over the last 12 months assuming the following:
1) A portfolio of $100,000
2)
Putting $5,000 (5% of the portfolio) into each recommendation (we can’t
account for how people position size so we chose a fixed amount per
investment).
Read More @ GainsPainsCapital.comBiderman: "The Most Damage Is Caused By Those Who Are Not As Smart As They Think They Are"
It is not often we double-dip in the Sausalitan's soliloquies but tonight's glorious truthiness from Charles Biderman, CEO of TrimTabs, is worth the price of admission. After explaining that the only way he could be any more bearish is to be double-levered - and that he believes that besides "believing in miracles" this market will see the March 2009 lows once the market-rigging is fully exposed, he makes probably the most clarifying statement we have heard regarding our central-planners-in-chief. With regards to Messrs. Bernanke, Geithner, and Obama: "The most damage is caused by those who are not as smart as they think they are." They continue to believe they are smart enough to fix all our financial problems (and Europe's - if they would just listen to Timmay) by building a bridge over the recession - thanks to asset-buying and ZIRP. "The only problem is we are running out of bridge and are nowhere near recovery" is how he sees it and reflecting on the massive gains that have been made on short-dated Treasuries as the Fed (who is the one buying them) extends the ZIRP horizon - it is clear that this is nothing but a huge Ponzi scheme.
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and defray the operational costs. Paypal, a leading provider of secure
online money transfers, will handle the donations. Thank you for your
contribution.
from RTAmerica:
A horrific chain of events in California – police shooting unarmed people. Those who saw the violence were demanding answers from the cops, but the officers responded violently once again. The video shows some very disturbing images including police firing rubber bullets and letting a dog loose on a woman holding a baby.
A horrific chain of events in California – police shooting unarmed people. Those who saw the violence were demanding answers from the cops, but the officers responded violently once again. The video shows some very disturbing images including police firing rubber bullets and letting a dog loose on a woman holding a baby.
by Chris Marcus, Gold Money:
In Frédéric Bastiat’s 1850 essay Ce qu’on voit et ce qu’on ne voit pas, the famous economist introduced the parable of the broken window. He illustrated the principle that intentionally breaking a window just so that someone can subsequently fix it did not actually represent an increase in the net wealth of an economy. Today we will examine a similarly misguided fallacy that has been the foundation of an equally disastrous pattern of economic policy. We will call this the fallacy of the debased currency.
It is accepted by the vast majority of economists and, more importantly, politicians that currency debasement is a desirable weapon to be used to combat recessions. In the last few years printing money for deficit financing has become normal in Europe and America. Moreover, many take the view that currency debasement can serve as a means of increasing exports. In the past year the Swiss and Japanese have intervened to weaken their currencies as they rose in response to US dollar and euro weakness. This was done in order to promote exports. And while the Federal Reserve and European Central Bank have been less explicit in linking money printing to boosting exports, they are just as eager to reap the same supposed gains. President Obama’s 2010 State of the Union pledge to double exports in five-years, QE1, QE2, Operation Twist Part 1, Operation Twist Part 2, and a perpetual zero-interest rate policy are not unconnected.
Read More @ GoldMoney.com
In Frédéric Bastiat’s 1850 essay Ce qu’on voit et ce qu’on ne voit pas, the famous economist introduced the parable of the broken window. He illustrated the principle that intentionally breaking a window just so that someone can subsequently fix it did not actually represent an increase in the net wealth of an economy. Today we will examine a similarly misguided fallacy that has been the foundation of an equally disastrous pattern of economic policy. We will call this the fallacy of the debased currency.
It is accepted by the vast majority of economists and, more importantly, politicians that currency debasement is a desirable weapon to be used to combat recessions. In the last few years printing money for deficit financing has become normal in Europe and America. Moreover, many take the view that currency debasement can serve as a means of increasing exports. In the past year the Swiss and Japanese have intervened to weaken their currencies as they rose in response to US dollar and euro weakness. This was done in order to promote exports. And while the Federal Reserve and European Central Bank have been less explicit in linking money printing to boosting exports, they are just as eager to reap the same supposed gains. President Obama’s 2010 State of the Union pledge to double exports in five-years, QE1, QE2, Operation Twist Part 1, Operation Twist Part 2, and a perpetual zero-interest rate policy are not unconnected.
Read More @ GoldMoney.com
by Susanne Posel, Occupy Corporatism:
Last week, “compromise legislation” was brought before the US Senate that will enable federal agencies to assess cyber threats while giving them “permission” to exchange information with corporations “under certain conditions” under the justification of better protecting corporations from cyber-attacks.
Although the threat has not manifested as of yet, President Obama stated that: “. . . foreign governments, criminal syndicates and lone individuals are probing our financial, energy and public safety systems every day. It would be the height of irresponsibility to leave a digital backdoor wide open to our cyber adversaries.”
Obama cited an infection where a Texas water plant had to disconnect their control from the internet in order to save themselves from hackers. Backing up Obama is a report from The Department of Homeland Security (DHS) that states they have received 198 “reports” of suspected cyber incidents.
Read More @ OccupyCorporatism.com
Last week, “compromise legislation” was brought before the US Senate that will enable federal agencies to assess cyber threats while giving them “permission” to exchange information with corporations “under certain conditions” under the justification of better protecting corporations from cyber-attacks.
Although the threat has not manifested as of yet, President Obama stated that: “. . . foreign governments, criminal syndicates and lone individuals are probing our financial, energy and public safety systems every day. It would be the height of irresponsibility to leave a digital backdoor wide open to our cyber adversaries.”
Obama cited an infection where a Texas water plant had to disconnect their control from the internet in order to save themselves from hackers. Backing up Obama is a report from The Department of Homeland Security (DHS) that states they have received 198 “reports” of suspected cyber incidents.
Read More @ OccupyCorporatism.com
from KingWorldNews:
Today Stephen Leeb told King World News, “… there is a controlled desperation in China when it comes to acquiring gold.” Leeb, who is Chairman of Leeb Capital Management, also said, “They are acquiring as much as they possibly can without tilting the markets dramatically to the upside.”
The acclaimed money manager also stated, “China mined a total of 355 tons, which was by far the largest amount of gold mined for any country. And yet they are still buying every single available ounce they can get in the open market.” Leeb was also quick to point out the strength gold is displaying, “Today we have global stock markets under significant pressure, the US dollar breaking out on the upside, and yet gold is holding firm.”
Here is what Leeb had to say about what is happening with Europe, the Chinese and gold: “Europe is a mess and sooner or later the Europeans are going to have to come to grips with the dire situation they face. Yesterday, Moody’s put the three AAA countries on credit watch, Germany, Luxembourg, and the Netherlands.”
Stephen Leeb continues @ KingWorldNews.com
from GregVegas5909:
Today Stephen Leeb told King World News, “… there is a controlled desperation in China when it comes to acquiring gold.” Leeb, who is Chairman of Leeb Capital Management, also said, “They are acquiring as much as they possibly can without tilting the markets dramatically to the upside.”
The acclaimed money manager also stated, “China mined a total of 355 tons, which was by far the largest amount of gold mined for any country. And yet they are still buying every single available ounce they can get in the open market.” Leeb was also quick to point out the strength gold is displaying, “Today we have global stock markets under significant pressure, the US dollar breaking out on the upside, and yet gold is holding firm.”
Here is what Leeb had to say about what is happening with Europe, the Chinese and gold: “Europe is a mess and sooner or later the Europeans are going to have to come to grips with the dire situation they face. Yesterday, Moody’s put the three AAA countries on credit watch, Germany, Luxembourg, and the Netherlands.”
Stephen Leeb continues @ KingWorldNews.com
from GregVegas5909:
by Julian D. W. Phillips, MineWeb.com
The general consensus is that gold (and silver) do particularly well in an inflationary environment, but how would they perform in periods of deflation. Julian Phillips examines the evidence.
As global growth is being downgraded by the I.M.F. from 3.5% to 3.1% fears that the Eurozone is already in a recession and the U.S. is likely to enter one next year, are growing. As the world becomes more and more familiar with the economic and financial climate investors are realizing that economic life is far from simple and that growth is not something that governments or central banks can turn on or off.
Likewise for all the clever construction of inflation and deflation measurements, the public in general are beginning to realize that overall inflation and deflation are far too simplistic to be given more than a ‘seasonal influence’. The reality is that you can have both at the same time. The reality is also that there are times when deflationary paths, in some sectors, join with inflationary paths in others, to cause economic damage that is caused by both being destructive [and not ruling each other out in the addition of a minus to a plus - e.g. inflation at 2% with deflation at 2% does not make zero - but the two combined have a damaging effect of 4%]. That’s what is soon to happen.
Read More @ MineWeb.com
The general consensus is that gold (and silver) do particularly well in an inflationary environment, but how would they perform in periods of deflation. Julian Phillips examines the evidence.
As global growth is being downgraded by the I.M.F. from 3.5% to 3.1% fears that the Eurozone is already in a recession and the U.S. is likely to enter one next year, are growing. As the world becomes more and more familiar with the economic and financial climate investors are realizing that economic life is far from simple and that growth is not something that governments or central banks can turn on or off.
Likewise for all the clever construction of inflation and deflation measurements, the public in general are beginning to realize that overall inflation and deflation are far too simplistic to be given more than a ‘seasonal influence’. The reality is that you can have both at the same time. The reality is also that there are times when deflationary paths, in some sectors, join with inflationary paths in others, to cause economic damage that is caused by both being destructive [and not ruling each other out in the addition of a minus to a plus - e.g. inflation at 2% with deflation at 2% does not make zero - but the two combined have a damaging effect of 4%]. That’s what is soon to happen.
Read More @ MineWeb.com
by Michael Krieger, Liberty Blitzkreig
As if we needed more evidence. Not only is Big Sis’ Department of Homeland Security (DHS) taking away our civil liberties, but we now find out it is a conduit for crony capitalists to make more money off the U.S. taxpayer. The story I am referencing today concerns the Federal Protective Service (FPS), which is an agency within the DHS that is “charged with overseeing a force of approximately 13,000 private sector security guards, employed by 38 contractors, who protect nearly 9,000 federal buildings.”
So in 2008, FPS awarded a $21 million contract to Booz Allen Hamilton to develop the Risk Assessment and Management Program (RAMP), a computer program intended to streamline the management of security contracts and oversight of guards. Well, the rest is another made in America story of crony capitalism, sanctioned at the highest level by our Liar in Chief, Barack Obama: The King of Crony Capitalism (after all he is best buds with government welfare baby Uncle Warren Buffett and outsourcing heavyweight Jeff Immelt of GE).
Read More @ LibertyBlitzkreig.com
As if we needed more evidence. Not only is Big Sis’ Department of Homeland Security (DHS) taking away our civil liberties, but we now find out it is a conduit for crony capitalists to make more money off the U.S. taxpayer. The story I am referencing today concerns the Federal Protective Service (FPS), which is an agency within the DHS that is “charged with overseeing a force of approximately 13,000 private sector security guards, employed by 38 contractors, who protect nearly 9,000 federal buildings.”
So in 2008, FPS awarded a $21 million contract to Booz Allen Hamilton to develop the Risk Assessment and Management Program (RAMP), a computer program intended to streamline the management of security contracts and oversight of guards. Well, the rest is another made in America story of crony capitalism, sanctioned at the highest level by our Liar in Chief, Barack Obama: The King of Crony Capitalism (after all he is best buds with government welfare baby Uncle Warren Buffett and outsourcing heavyweight Jeff Immelt of GE).
Read More @ LibertyBlitzkreig.com
from RussiaToday:
Syria says it will only use its chemical and biological arsenal against “external aggression,” and never against own population. The US has warned the Arab country against using the arsenal under any circumstances.
Syria says it will only use its chemical and biological arsenal against “external aggression,” and never against own population. The US has warned the Arab country against using the arsenal under any circumstances.
by Harvey Organ, HarveyOrgan.Blogspot.ca:
Good evening Ladies and Gentlemen:
The price of gold lowered today to the tune of $1.10 to $1576. Silver also retreated by 23 cents to $26.79.
Again we witnessed turmoil in Europe as the Spanish 10 yr bond yield hit 7.60%. The Spanish Ibex lost another 3.6%. Also the 5 yr Spanish bond traded higher in yield than the 10 yr thus causing an inversion to the yield curve signifying a huge recession over there. The Italian 10 yr bond yield rose to 6.5%. Conditions inside China continue to contract. In the USA. the Richmond Fed manufacturing index revealed a print of negative 17 and this caused the Dow to sink throughout the day. Five minutes before the closing, Hilsenrath saved the day with announcements that if the Fed does not see growth soon, then QEIII will be upon us.
The Dow recovered from a 180 point loss to close at a loss of 104 points.
The Euro/USA cross finished the day at 1.20617
The DAX finished down .45%
The Paris CAC was down .87%
The Portuguese Stock Exchange was down 2.32%
Read More @ HarveyOrgan.Blogspot.ca
Dominant Social Theme: There is a race, a very BAD race…
Free-Market Analysis: We missed this great article back in April over at Liberty Revival. The folks at Liberty Revival are taking part in a larger argument about the positive value of government-run fiat money versus free-market tangible assets like gold and silver.
Read More @ TheDailyBell.com
Charges include racketeering (organized crime under the US Racketeer Influenced and Corrupt Organizations Act, or RICO), antitrust violations, wire fraud, bid-rigging, and price-fixing. Damning charges have already been proven, and major damages and penalties assessed. Conspiracy theory has become established fact.
In an article in the July 3rd Guardian titled “Private Banks Have Failed — We Need a Public Solution“, Seumas Milne writes of the LIBOR rate-rigging scandal admitted to by Barclays Bank:
Good evening Ladies and Gentlemen:
The price of gold lowered today to the tune of $1.10 to $1576. Silver also retreated by 23 cents to $26.79.
Again we witnessed turmoil in Europe as the Spanish 10 yr bond yield hit 7.60%. The Spanish Ibex lost another 3.6%. Also the 5 yr Spanish bond traded higher in yield than the 10 yr thus causing an inversion to the yield curve signifying a huge recession over there. The Italian 10 yr bond yield rose to 6.5%. Conditions inside China continue to contract. In the USA. the Richmond Fed manufacturing index revealed a print of negative 17 and this caused the Dow to sink throughout the day. Five minutes before the closing, Hilsenrath saved the day with announcements that if the Fed does not see growth soon, then QEIII will be upon us.
The Dow recovered from a 180 point loss to close at a loss of 104 points.
The Euro/USA cross finished the day at 1.20617
The DAX finished down .45%
The Paris CAC was down .87%
The Portuguese Stock Exchange was down 2.32%
Read More @ HarveyOrgan.Blogspot.ca
by The Daily Bell:
If
we’re going to associate the Money Power to other groups than the group
they are, the Money Power, we should be more accurate in our
associations, unscientific correlations without causation, and bigoted
stereotyping. The Money Power are old, white, male, straight, and
married. They also are articulate, intelligent, and college-educated.
They also seem to have kids, love money, and like to wear gray suits
with a tie. I think we finally figured out the conspiracy. It is a
conspiracy of old, white, straight, intelligent, college-educated, and
married bankers in gray suits, who love money and have kids. We need to
distrust, fear, and hate the old people, white people, straight people,
married people, articulate people, college-educated people, intelligent
people, and men. We also need to distrust, fear, and hate people who
wear gray suits with a tie, who love money, or who have kids. Perhaps
witches will be spared in the next Inquisition. – Liberty RevivalDominant Social Theme: There is a race, a very BAD race…
Free-Market Analysis: We missed this great article back in April over at Liberty Revival. The folks at Liberty Revival are taking part in a larger argument about the positive value of government-run fiat money versus free-market tangible assets like gold and silver.
Read More @ TheDailyBell.com
By Ellen Brown, Op Ed News:
At one time, calling the large multinational banks a “cartel” branded
you as a conspiracy theorist. Today the banking giants are being called
that and worse, not just in the major media but in court documents
intended to prove the allegations as facts.Charges include racketeering (organized crime under the US Racketeer Influenced and Corrupt Organizations Act, or RICO), antitrust violations, wire fraud, bid-rigging, and price-fixing. Damning charges have already been proven, and major damages and penalties assessed. Conspiracy theory has become established fact.
In an article in the July 3rd Guardian titled “Private Banks Have Failed — We Need a Public Solution“, Seumas Milne writes of the LIBOR rate-rigging scandal admitted to by Barclays Bank:
It’s already clear that the rate rigging, which depends on collusion, goes far beyond Barclays and indeed the City of London. This is one of multiple scams that have become endemic in a disastrously deregulated system with in-built incentives for cartels to manipulate the core price of finance …Read More @ OpedNews.com
by Simon Black, Sovereign Man :
Paul Krugman, one of America’s most decorated faux-scientists, recently told an audience that what’s happening in the world right now is “dramatically, painfully a confirmation that a broadly demand-side Keynesian view of the world is appropriate…”
The intellectual dishonesty which oozes from this statement is astounding.
Apparently on Planet Krugman, the Keynesian ideals of ‘spend your way out of recession’ and ‘conjure money out of thin air like there’s no tomorrow’ are sound tactics.
(Granted, this is the same guy who wrote on Friday that President Obama ‘always bends over backward to declare his support for free enterprise’….)
Here on Earth where the rest of us live, the numbers clearly demonstrate that such tactics are merely the failed principles of central planning.
Read More @ SovereignMan.com
Paul Krugman, one of America’s most decorated faux-scientists, recently told an audience that what’s happening in the world right now is “dramatically, painfully a confirmation that a broadly demand-side Keynesian view of the world is appropriate…”
The intellectual dishonesty which oozes from this statement is astounding.
Apparently on Planet Krugman, the Keynesian ideals of ‘spend your way out of recession’ and ‘conjure money out of thin air like there’s no tomorrow’ are sound tactics.
(Granted, this is the same guy who wrote on Friday that President Obama ‘always bends over backward to declare his support for free enterprise’….)
Here on Earth where the rest of us live, the numbers clearly demonstrate that such tactics are merely the failed principles of central planning.
Read More @ SovereignMan.com
from David McWilliams:
Take a walk through any medium-sized town in Ireland, particularly down the little uninspiring streets off the main drag, the streets named after lesser patriots, second-rate saints or the next small town you’d get to if you kept walking. There you will see them, the real victims of the recession: young men and women with nothing to do.
The CSO just released figures on the state of the jobs market and the movement in wages and what we see is that 200,000 people in Ireland are now long-term unemployed. This means that they have been out of work for more than a year. At the beginning of the recession, the vast majority of people losing their jobs were men. This was mainly the result of the collapse in house building and the evaporation of jobs on the sites.
In the past year, this has changed. We are seeing the rapid feminisation of unemployment. In the 12 months to June, long-term unemployment among women rose more than three times faster than among men. Male long-term unemployment went up by 4pc, while it shot up 13.6pc for women. In total, four out of 10 unemployed people have been out of work for more than a year.
Read More @ DavidMcWilliams.ie
Take a walk through any medium-sized town in Ireland, particularly down the little uninspiring streets off the main drag, the streets named after lesser patriots, second-rate saints or the next small town you’d get to if you kept walking. There you will see them, the real victims of the recession: young men and women with nothing to do.
The CSO just released figures on the state of the jobs market and the movement in wages and what we see is that 200,000 people in Ireland are now long-term unemployed. This means that they have been out of work for more than a year. At the beginning of the recession, the vast majority of people losing their jobs were men. This was mainly the result of the collapse in house building and the evaporation of jobs on the sites.
In the past year, this has changed. We are seeing the rapid feminisation of unemployment. In the 12 months to June, long-term unemployment among women rose more than three times faster than among men. Male long-term unemployment went up by 4pc, while it shot up 13.6pc for women. In total, four out of 10 unemployed people have been out of work for more than a year.
Read More @ DavidMcWilliams.ie
by Jeff Nielson, Silver Gold Bull:
Precious metals commentators (the legitimate ones) are continually striving to tear away the veils of deceit and propaganda, in order to present the global economy (and the world as a whole) in a realistic manner. This, in turn, is done in order to warn people of the grave financial/economic peril which looms ahead of us; thanks to the unholy alliance of unscrupulous bankers and corrupt politicians (and regulators).
It is a frustrating task. It is a fundamental trait of human psychology that most people expect tomorrow to be just like today. Couple that inherent defect in thinking with history’s greatest propaganda-machine, continually blaring to the masses an endless chorus of “don’t worry, be happy”; and the result is as predictable as it is tragic: hordes of lemmings blissfully marching toward the gaping chasm ahead.
This is why we continually look for opportunities to demonstrate how the actions of the duplicitous bankers are entirely contrary to their words, and thus reinforce the reasoning and analysis of commentators like myself. Recall how the bankers and their minions in the ivory towers of academia have spent nearly a century attempting to brainwash the masses into believing the absurd proposition that gold was/is “a barbarous relic”.
Read More @ SilverGoldBull.com
(1) Not understanding that volatility in gold and silver markets does not equal risk when one knows how to interpret the volatility in these specialized assets correctly; and
(2) Not having enough patience.
These two concepts go hand in hand for the following reasons.
As the fraud of the global fractional reserve banking system is now beginning to be understood by more and more people for the first time in a century, the volatility of gold and silver prices will increase due to the war that is going on between (1) the people that wish to protect themselves against the ongoing fraud of the global financial system and (2) the banking cartel, for the simple reason that these two segments reside on the opposite sides of the price spectrum for gold and silver. The people wish to purchase physical gold and silver as a means of protecting their purchasing power, while the banking cartel wishes to suppress gold and silver prices as rising gold and silver prices expose the fraud of their fractional reserve banking system. Thus, bankers periodically manufacture steep declines in the prices of gold and silver through their naked short positions in the gold and silver paper derivatives market that include futures and very likely the GLD and SLV ETFs as well. This constant tug of war between good and evil causes massive volatility in the prices of gold and silver as these two precious metals are the kryptonite of the global banking cartel, and low prices in gold and silver are essential to the perpetuation of banking fraud.
Read More @ GoldSeek.com
Precious metals commentators (the legitimate ones) are continually striving to tear away the veils of deceit and propaganda, in order to present the global economy (and the world as a whole) in a realistic manner. This, in turn, is done in order to warn people of the grave financial/economic peril which looms ahead of us; thanks to the unholy alliance of unscrupulous bankers and corrupt politicians (and regulators).
It is a frustrating task. It is a fundamental trait of human psychology that most people expect tomorrow to be just like today. Couple that inherent defect in thinking with history’s greatest propaganda-machine, continually blaring to the masses an endless chorus of “don’t worry, be happy”; and the result is as predictable as it is tragic: hordes of lemmings blissfully marching toward the gaping chasm ahead.
This is why we continually look for opportunities to demonstrate how the actions of the duplicitous bankers are entirely contrary to their words, and thus reinforce the reasoning and analysis of commentators like myself. Recall how the bankers and their minions in the ivory towers of academia have spent nearly a century attempting to brainwash the masses into believing the absurd proposition that gold was/is “a barbarous relic”.
Read More @ SilverGoldBull.com
by Clive Maund, via The Market Oracle:
Most would be investors and speculators in the Precious Metals sector at this time look and behave like the raw recruits at the start of the film An Officer and a Gentlemen – listless and muttering pathetically “This might not be the bottom – it could go down again” – so listen up you ‘orrible lot and pull yourselves together – by the time you are done reading this you are expected to have cleaned yourselves up, straightened yourselves out and be ready for action – and insubordination will not be tolerated.
Now that I’ve got your attention we will start by looking at the 3-year chart for gold. On this chart we can see that following the peak attained last August, gold has been consolidating/reacting in some sort of triangular pattern. Some see this pattern as a bearish Descending Triangle and a top area. There are various reasons why this is not thought to be so. One is that there has been no speculative mania phase involving high public participation in this gold bull market so far, and as pointed out by Richard Russell, major bull markets of the type we have seen in gold typically end with such a phase. Secondly, the pattern has the attibutes of a 3-arc Fan Correction, breakout from which will be signaled by gold breaking above the 3rd fanline shown on the chart, which should trigger a powerful uptrend.
Read More @ TheMarketOracle.co.uk
Most would be investors and speculators in the Precious Metals sector at this time look and behave like the raw recruits at the start of the film An Officer and a Gentlemen – listless and muttering pathetically “This might not be the bottom – it could go down again” – so listen up you ‘orrible lot and pull yourselves together – by the time you are done reading this you are expected to have cleaned yourselves up, straightened yourselves out and be ready for action – and insubordination will not be tolerated.
Now that I’ve got your attention we will start by looking at the 3-year chart for gold. On this chart we can see that following the peak attained last August, gold has been consolidating/reacting in some sort of triangular pattern. Some see this pattern as a bearish Descending Triangle and a top area. There are various reasons why this is not thought to be so. One is that there has been no speculative mania phase involving high public participation in this gold bull market so far, and as pointed out by Richard Russell, major bull markets of the type we have seen in gold typically end with such a phase. Secondly, the pattern has the attibutes of a 3-arc Fan Correction, breakout from which will be signaled by gold breaking above the 3rd fanline shown on the chart, which should trigger a powerful uptrend.
Read More @ TheMarketOracle.co.uk
by Patrick J. Buchanan, Lew Rockwell:
“If you’ve got a business, you didn’t build that. Somebody else made that happen.” Mitt Romney fell on this Obama quote like an NFL lineman on an end zone fumble during the Super Bowl. And understandably so.
For this was no gaffe, said Romney, this is what Obama believes. This is straight out of the catechism. Obama thinks that had not the government created the preconditions, none of us could succeed. We all depend on government. None of us can make it on our own.
Had Obama been channeling Isaac Newton – “If I have seen further than others it is because I am standing on the shoulders of giants” – or John Donne – “No man is an island, entire of itself” – many would have nodded in agreement.
But what Obama seemed to be saying – indeed, was saying – was that, without government, no business can succeed.
Read More @ LewRockwell.com
“If you’ve got a business, you didn’t build that. Somebody else made that happen.” Mitt Romney fell on this Obama quote like an NFL lineman on an end zone fumble during the Super Bowl. And understandably so.
For this was no gaffe, said Romney, this is what Obama believes. This is straight out of the catechism. Obama thinks that had not the government created the preconditions, none of us could succeed. We all depend on government. None of us can make it on our own.
Had Obama been channeling Isaac Newton – “If I have seen further than others it is because I am standing on the shoulders of giants” – or John Donne – “No man is an island, entire of itself” – many would have nodded in agreement.
But what Obama seemed to be saying – indeed, was saying – was that, without government, no business can succeed.
Read More @ LewRockwell.com
from VictoryIndependence:
‘The system owns you emotionally when you live in fear. Knowing that the system is a giant ponzi scheme run by sociopaths is scary, but life is short. You can and must enjoy life while fighting these criminals, otherwise they win. Give yourself to love, compassion and truth. Those are the things TPTB hate the most.’ – Mike Krieger
‘The system owns you emotionally when you live in fear. Knowing that the system is a giant ponzi scheme run by sociopaths is scary, but life is short. You can and must enjoy life while fighting these criminals, otherwise they win. Give yourself to love, compassion and truth. Those are the things TPTB hate the most.’ – Mike Krieger
by Dr. Ron Paul, Paul.house.gov:
The senseless and horrific killings last week at a movie theater in Colorado reminded Americans that life is fragile and beautiful, and we should not take family, friends, and loved ones for granted. Our prayers go out to the injured victims and the families of those killed. As a nation we should use this terrible event to come together with the resolve to create a society that better values life.
We should also face the sober reality that government cannot protect us from all possible harm. No matter how many laws we pass, no matter how many police or federal agents we put on the streets, no matter how routinely we monitor internet communications, a determined individual or group can still cause great harm. We as individuals are responsible for our safety and the safety of our families.
Furthermore, it is the role of civil society rather than government to build a culture of responsible, peaceful, productive individuals. Government cannot mandate morality or instill hope in troubled individuals. External controls on our behavior imposed by government through laws, police, and jails usually apply only after a terrible crime has occurred.
Read More @ Paul.house.gov
The senseless and horrific killings last week at a movie theater in Colorado reminded Americans that life is fragile and beautiful, and we should not take family, friends, and loved ones for granted. Our prayers go out to the injured victims and the families of those killed. As a nation we should use this terrible event to come together with the resolve to create a society that better values life.
We should also face the sober reality that government cannot protect us from all possible harm. No matter how many laws we pass, no matter how many police or federal agents we put on the streets, no matter how routinely we monitor internet communications, a determined individual or group can still cause great harm. We as individuals are responsible for our safety and the safety of our families.
Furthermore, it is the role of civil society rather than government to build a culture of responsible, peaceful, productive individuals. Government cannot mandate morality or instill hope in troubled individuals. External controls on our behavior imposed by government through laws, police, and jails usually apply only after a terrible crime has occurred.
Read More @ Paul.house.gov
by JS Kim, Gold Seek:
Before one every buys a single troy ounce of gold and silver, one
should ensure first and foremost that one understands that gold and
silver are volatile in price every single year. Many people commit the
same mistake in buying gold and silver that they commit when buying into
the stock market – they don’t buy assets when asset prices are low, and
only buy them after prices have soared and news of a steep short-term
climb in price has been reported by the mainstream media news. However,
an even bigger mistake gold and silver purchasers make is not having
enough patience to benefit from the long-term trends higher. So to sum
up the mistakes people make when buying gold and silver they are:(1) Not understanding that volatility in gold and silver markets does not equal risk when one knows how to interpret the volatility in these specialized assets correctly; and
(2) Not having enough patience.
These two concepts go hand in hand for the following reasons.
As the fraud of the global fractional reserve banking system is now beginning to be understood by more and more people for the first time in a century, the volatility of gold and silver prices will increase due to the war that is going on between (1) the people that wish to protect themselves against the ongoing fraud of the global financial system and (2) the banking cartel, for the simple reason that these two segments reside on the opposite sides of the price spectrum for gold and silver. The people wish to purchase physical gold and silver as a means of protecting their purchasing power, while the banking cartel wishes to suppress gold and silver prices as rising gold and silver prices expose the fraud of their fractional reserve banking system. Thus, bankers periodically manufacture steep declines in the prices of gold and silver through their naked short positions in the gold and silver paper derivatives market that include futures and very likely the GLD and SLV ETFs as well. This constant tug of war between good and evil causes massive volatility in the prices of gold and silver as these two precious metals are the kryptonite of the global banking cartel, and low prices in gold and silver are essential to the perpetuation of banking fraud.
Read More @ GoldSeek.com
from BrotherJohnf:
by Will Ferguson and David Hambling, New Scientist:
Drones are getting smaller and smarter, able to navigate and identify targets without GPS or human operators
Drones are getting smaller and smarter, able to navigate and identify targets without GPS or human operators
FAR from the aeroplane-sized craft that are the face of cutting-edge warfare, a much smaller revolution in drones is under way.
Micro-aerial vehicles
(MAVs) with uncanny navigation and real-time mapping capabilities could
soon be zipping through indoor and outdoor spaces, running
reconnaissance missions that others cannot. They would allow soldiers to
look over hills, inside buildings and inspect suspicious objects
without risk.
Unlike their larger cousins, whose complex navigation systems let them fly autonomously for hours or even days (see “Aloft for longer than ever”),
MAVs are not known for their smarts. They typically rely on a GPS
signal to tell them where they are, and on human operators for nearly
everything else, such as where to go, what to look for and where to
land.
Read More @ newscientist.com
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We The Sheeplez... is intended to reflect
excellence in effort and content. Donations will help maintain this goal
and defray the operational costs. Paypal, a leading provider of secure
online money transfers, will handle the donations. Thank you for your
contribution.
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