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Thursday, 21 April 2011
Zero Hedge: Poetic Parity: One Ounce Of Silver Costs Same As One Share Of JPM
Something oddly poetic about the following chart...
Beware of the Great Silver Correction
There seems to be a big debate going on now about silver going up too far, too fast. Paper money traitors traders have tried to call the silver top all the way up and have had their heads handed to them by the market. Technical analysts have called for pull backs based off of some squiggly lines on their computer screens. Even Academy members, who get the idea of owning real physical silver, have been asking me about keeping some “powder dry” for the correction.
Let me state that this hyperbolic rocket launch IS THE CORRECTION! There is a little concept called reversion to the mean, that basically states that when something is held down for so long, eventually it is going to rocket up. That is what we are experiencing right now. Think about a huge inflatable silver beach ball that the banksters have been increasing the air/money supply, while using every power they can to keep the silver beach ball under the water. Sooner or later that ball is going to get away from the banksters control and you are going to see it launch out of the water.
“I went to America in the winter of 1872 – 1873, authorized to secure, if I could, the passage of a bill de-monetizing silver. It was in the interests of those I represented, the governors of the Bank Of England, to have it done. By 1873, gold coins were the only form of coin money.” -Earnest Seyd
Silver has been used and abused for 138 years since the “Crime of 1873″ when the Rothschilds sought to demonetize silver as money
Let me state that this hyperbolic rocket launch IS THE CORRECTION! There is a little concept called reversion to the mean, that basically states that when something is held down for so long, eventually it is going to rocket up. That is what we are experiencing right now. Think about a huge inflatable silver beach ball that the banksters have been increasing the air/money supply, while using every power they can to keep the silver beach ball under the water. Sooner or later that ball is going to get away from the banksters control and you are going to see it launch out of the water.
“I went to America in the winter of 1872 – 1873, authorized to secure, if I could, the passage of a bill de-monetizing silver. It was in the interests of those I represented, the governors of the Bank Of England, to have it done. By 1873, gold coins were the only form of coin money.” -Earnest Seyd
Silver has been used and abused for 138 years since the “Crime of 1873″ when the Rothschilds sought to demonetize silver as money
Wednesday, 20 April 2011
is this the end of JP Morgue?
JPM
$44.65 Apr 20 4:30 AM PST
Open: 44.26
High: 44.71
Low: 43.76
Volume: 4,100
Avg Vol: 33,247,000
Mkt Cap: 178.08B
Silver $44.74
$44.65 Apr 20 4:30 AM PST
Open: 44.26
High: 44.71
Low: 43.76
Volume: 4,100
Avg Vol: 33,247,000
Mkt Cap: 178.08B
Silver $44.74
Tuesday, 19 April 2011
Gold Explodes On S&P Downgrade Warning
Who would have thunk that the one beneficiary of an insolvent US (with both bonds and stock futures plunging) would be gold. Oh wait...
Sunday, 17 April 2011
A Golden Tipping Point: University of Texas Takes Delivery Of $1 Billion In Physical Gold
Tipping points are funny: for years, decades, even centuries, the conditions for an event to occur may be ripe yet nothing happens. Then, in an instant, a shift occurs, whether its is due a change in conventional wisdom, due to an exogenous event or due to something completely inexplicable. That event, colloquially called a black swan in recent years, changes the prevalent perception of reality in a moment. This past week, we were seeing the effect of a tipping point in process, with gold prices rising to new all time highs day after day, and the price of silver literally moving in a parabolic fashion. What was missing was the cause. We now know what it is: per Bloomberg: "The University of Texas Investment Management Co., the second-largest U.S. academic endowment, took delivery of almost $1 billion in gold bullion and is storing the bars in a New York vault, according to the fund’s board." And so, the game theory of a nearly 100 year old system of monetary exchange has seen its first defector, but most certainly not last. With an entity as large as the University of Texas calling the bluff of the Comex, the Chairman, and fiat in general in roughly that order, virtually every other asset manager is now sure to follow, considering there is not nearly enough physical gold to satisfy all paper gold in existence by a factor of about 100x. The proverbial Nash equilibrium has just been broken.
From Bloomberg:
The only open question is who was the broker with enough gold to deliver to the UofT. We hope to find out soon enough. We also hope that the UofT is smart enough, and that Kyle Bass advised it, that if they are getting "delivery" in a Comex vault in New York, the gold has likely already been leased out at least several times to various entities demanding paper allocations...
From Bloomberg:
The fund, whose $19.9 billion in assets ranked it behind Harvard University’s endowment as of August, according to the National Association of College and University Business Officers, added about $500 million in gold investments to an existing stake last year, said Bruce Zimmerman, the endowment’s chief executive officer. The holdings are worth about $987 million, based on yesterday’s closing price of $1,486 an ounce for Comex futures.Years from now, when historians attempt to define who may have started it all, one name may emerge...
The decision to turn the fund’s investment into gold bars was influenced by Kyle Bass, a Dallas hedge fund manager and member of the endowment’s board, Zimmerman said at its annual meeting on April 14. Bass made $500 million on the U.S. subprime-mortgage collapse.In summary - the fiat tide is now going out. And among those who will first be observed swimming naked are the very same people whose fate has been so very intrinsically linked to the perpetuation of a flawed regime (and who coined this very saying). In the meantime, hold on to your hats: should a scramble for delivery ensue, the recent parabolic move in various precious metals will seem like a dress rehearsal for what is about to transpire.
“Central banks are printing more money than they ever have, so what’s the value of money in terms of purchases of goods and services,” Bass said yesterday in a telephone interview. “I look at gold as just another currency that they can’t print any more of.”
The only open question is who was the broker with enough gold to deliver to the UofT. We hope to find out soon enough. We also hope that the UofT is smart enough, and that Kyle Bass advised it, that if they are getting "delivery" in a Comex vault in New York, the gold has likely already been leased out at least several times to various entities demanding paper allocations...
Monetary Jihad – Gold Dinar, Silver Dirham
Real money is gold and silver. Across the world, people are catching on to decades long manipulation and wealth confiscation through inflation by international bankers. The world financial system is collapsing and fiat currencies around the world are being debased. Eventually, all fiat currencies will crash, taking with it people’s wealth. This crash in paper money has been a gradual fall over time via fractional reserve banking. Most people are now seeing the flaws in the world monetary system, because of unsustainable debt and obscene greed. The cat is out of the bag, so to speak. The only way to combat irresponsible bankers and their policies, is to hold precious metals. A “monetary jihad” is coming….
Friday, 15 April 2011
Why Silver Is Still The Best Revenge
Face it, former Goldman Sachs CEO Hank Paulson, who served as US Treasury Secretary just long enough to loot taxpayers is never going to jail. Neither are Alan Greenspan, Ben Bernanke, Angelo Mozilo, Phil Graham, Franklin Raines, Barney Frank…(I could do this all day). Justice (much like truth) is a luxury Americans can no longer afford.
Indian Investors Switch to Silver From Gold
NEW DELHI -- Higher returns are tempting many small Indian investors to buy silver and sell some of their gold jewelry as the price of the white metal has more than doubled over the past year, traders said.
Spot silver prices rose to an all-time high of 60,125 rupees ($1364) a kilogram Friday in India's main bullion hub, Mumbai, from 28,535 rupees on April 12 last year, driven by firm global cues as concerns over unrest in the Middle East and North Africa have improved its safe-haven appeal. Gold prices too rose, but at a much slower pace of about 21% to 21,500 rupees per 10 grams.
"Ordinary investors are buying silver as if there is no tomorrow," Suresh Hundia, president emeritus of the Bombay Bullion Association, told Dow Jones Newswires. "Many people are selling their gold and buying silver because gold has not given them as good a return."
According to him, Mumbai alone is recording daily silver purchases of 400-500 kilograms.
Spot silver prices rose to an all-time high of 60,125 rupees ($1364) a kilogram Friday in India's main bullion hub, Mumbai, from 28,535 rupees on April 12 last year, driven by firm global cues as concerns over unrest in the Middle East and North Africa have improved its safe-haven appeal. Gold prices too rose, but at a much slower pace of about 21% to 21,500 rupees per 10 grams.
"Ordinary investors are buying silver as if there is no tomorrow," Suresh Hundia, president emeritus of the Bombay Bullion Association, told Dow Jones Newswires. "Many people are selling their gold and buying silver because gold has not given them as good a return."
According to him, Mumbai alone is recording daily silver purchases of 400-500 kilograms.
Thursday, 14 April 2011
Real Experts Speak! Japanese Radiation Risk In US, 400,000 To Develop Cancer In Japan
'On March 11th, 2011 an earthquake and ensuing tsunami rocked Japan, killing thousands and causing upwards of three partial or full meltdowns at the Fukushima Daiichi Nuclear Power Plant.
Corporate experts and nuclear industry shills have continuously claimed that the dangers are minimal, pushing the lie that the disaster was smaller and less severe than Chernobyl. Thankfully, two experts have come forward and reported the real dangers of this large scale nuclear disaster.'
Scientists successfully generate electricity using freshwater and saltwater
(NaturalNews) By simply utilizing what nature has to offer in terms of water, scientists from Stanford University have developed an effective way to generate electricity naturally and without causing pollution. Yi Cui, associate professor of materials science and engineering at Stanford, and his colleagues have developed a system that generates electricity using electrodes and a combination of freshwater and saltwater -- and nothing more.
The process involves the utilization of ions found naturally in saltwater, as well as those generated by electrodes submerged in water. A positive and negative electrode pair are first used to charge freshwater with ions, which is then drained and replaced with saltwater. The saltwater, which is naturally up to 100 times more ionic than the freshwater, increases the voltage causes a net gain in electricity. This electricity is then captured and stored in large batteries.
"The voltage really depends on the concentration of the sodium and chlorine ions you have," Cui said. "If you charge at low voltage in freshwater, then discharge at high voltage in sea water, that means you gain energy. You get more energy than you put in."
To view a diagram that visualizes how the technology works in practice, visit:
http://www.eurekalert.org/multimedi...
The process involves the utilization of ions found naturally in saltwater, as well as those generated by electrodes submerged in water. A positive and negative electrode pair are first used to charge freshwater with ions, which is then drained and replaced with saltwater. The saltwater, which is naturally up to 100 times more ionic than the freshwater, increases the voltage causes a net gain in electricity. This electricity is then captured and stored in large batteries.
"The voltage really depends on the concentration of the sodium and chlorine ions you have," Cui said. "If you charge at low voltage in freshwater, then discharge at high voltage in sea water, that means you gain energy. You get more energy than you put in."
To view a diagram that visualizes how the technology works in practice, visit:
http://www.eurekalert.org/multimedi...
Libya all about oil, or central banking?
Several writers have noted the odd fact that the Libyan rebels took time out from their rebellion in March to create their own central bank - this before they even had a government. Robert Wenzel wrote in the Economic Policy Journal:
I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising. This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences.Alex Newman wrote in the New American:
In a statement released last week, the rebels reported on the results of a meeting held on March 19. Among other things, the supposed rag-tag revolutionaries announced the "[d]esignation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi."
65 Ways That Everything That You Think That You Own Is Being Systematically Taken Away From You
'Everything that you own is slowly being taken away from you. It is being done purposely and it is being done by design.
Many Americans like to think of themselves as "well off", but as will be demonstrated below, we don't "own" nearly as much as we think that we do. The truth is that most of us have to frantically run around accumulating wealth as rapidly as we can so that we can somehow stay ahead of the rate that wealth is being taken away from us. The entire system is designed to take what you have away from you.
There are many ways that this is accomplished - taxation, inflation, debt, interest, fines, fees, tickets, government seizures and good old-fashioned corporate greed. If you tried to just sit back and do nothing but hold on to the wealth that you already have you would find out that it would disappear rather quickly. When you take the time to really analyze our system the conclusion is undeniable - everything that you think that you own is being systematically taken away from you.'
Wednesday, 13 April 2011
IMF Plots Role as World's Central Bank?
D. Strauss-Kahn / T. Geithner
IMF says worth exploring borrowing from markets ... The International Monetary Fund said it was worth exploring ways that the global institution could borrow from financial markets at short notice to raise additional funding for its lending programs. In a paper that looks at progress by the Group of 20 major economies in reforming the global monetary system, the Fund said building confidence in the IMF's ability to respond to crises may warrant looking at alternative ways of fund-raising, including turning to markets. – Reuters
Dominant Social Theme: The world's economy is a disaster. The IMF is the logical choice to lead the way to a brighter banking future in a consolidated, centralized, world economy. It says so itself.
Free-Market Analysis: Can you hear the whispers coming out of the shadows? Over the past months, we have covered the IMF's increasing efforts to position itself as the world's future central bank and one-world currency issuer. We can see from the above article in Reuters – a chief mouthpiece of the power elite along with the Economist magazine – that the campaign is in no sense winding down. Now the IMF casually, oh-so-casually, floats the idea that it might tap global markets for funding.
Deconstructing the U.S. Military; or How to Cut a Cool Trillion Dollars a Year from the U.S. Budget
'War itself is not only "a theft from those who hunger and are not fed, those who are cold and are not clothed," as Dwight Eisenhower noted in a speech in 1953, but war is also destructive to the physical earth, the very source of human life, and indeed of all life.
The U.S. has dropped 15 million tons of bombs on the earth’s surface in last 60 years, spread 1 million tons of napalm on fields and forests, and sprayed 20 million gallons of defoliants on some of the most diverse rainforests on the planet. By any measure, the U.S. military is conducting a war against the earth itself. Such an inane effort does not come cheaply. The total cost of all military expenses for 2012 is estimated to be $1.2 trillion dollars, one-third of the total federal budget.'
Tuesday, 12 April 2011
Monday, 11 April 2011
The legend Bob Chapman
"In summation, the naked short trap in silver will soon lead to default by JPM and HSBC. The investors will lose and the federal government will cover their losses because it is really the government’s position, not Morgan’s and HSBC’s. Some see a default at under $50; we see it at $55 to $60. The level is not important – the gains are important and the fact we are again about to find out how corrupt our government, Wall Street and banking really are. The next crisis could be the naked shorts put on by the government in gold and silver shares. Once the breakout occurs government losses will be in the billions and gains for the long-suffering investors will finally materialize. Those who have listened to us have already won and will continue to as this tragedy plays itself out. We are still at the beginning of phase 2 of several upward phases of the gold and silver markets. It is still far from late to jump on our moving train to protect your assets. If you do not you will be very unhappy."
- Bob Chapman
http://theinternationalforecaster.com/
- Bob Chapman
http://theinternationalforecaster.com/
A Day In The Life Of A “Homegrown Terrorist”
There was a time when having one’s name listed in the despised ranks of those villains that governments often categorize as “terrorists” involved quite a bit of leg work, as well as an ominous running resume of death, destruction, and general mean spiritedness. Of course, if one examines the history of every modern country which eventually disintegrated into despotism, the definition of who the “enemy” is tends to become rather broad rather quickly. That is to say, the more criminal the leadership of a country becomes, the easier it is for the average person to find himself labeled a criminal by that same leadership.
Today, one does not need to blow up buildings, take hostages in political motivation, send anthrax through the mail, or even wave a gun around in a public place to be considered a terrorist threat. In fact, a man could never leave his house and still find himself under suspicion as an enemy of the state. The Department of Homeland Security has released numerous standardized guidelines to law enforcement offices across the country which are meant to make it “easier” for police and others to identify a possible terrorist. If you were to take at face value such documents as the now famous MIAC Report, the Virginia Fusion Center Report, the DHS’ “see something, say something” campaign, the Enemy Belligerents Act, the post trial statements of the Department Of Justice in the Liberty Dollar case, or the wild spewing rhetoric of establishment mouthpiece organizations like the SPLC, then you would discover that a likely terrorist is:
Anyone who talks frequently about the Constitution, or ill of the government
Anyone who supports the idea of a Constitutional Militia
Anyone who fights against anti-gun legislation, or owns many guns (man do we LOVE guns)
Anyone who supports state sovereignty and 10th Amendment issues
Anyone who supports Ron Paul (the ultimate sin according to the SPLC)
Anyone who believes the private Federal Reserve is destroying our economy
Anyone who talks about the “New World Order”, or global government (does this include men like George Soros, Joseph Biden, Gordon Brown, Henry Kissinger, George Bush, Bill Clinton, Strobe Talbot, George McGovern, Mikhail Gorbachev, Richard Nixon, etc.?)
Anyone who discusses economic collapse as a reality in the U.S.
Anyone who speaks out against the IRS
Anyone who participates in “Hacktivism” (including those who leak documents embarrassing to government)
Anyone who participates in any form of activist group
Anyone who argues that the Left/Right political paradigm is a scam
Anyone who promotes Anarchist views
Anyone who distrusts FEMA (as if Katrina did not give us ample reasons)
Anyone who believes a truly independent investigation of 9/11 is rational and called for
Anyone who home schools their children
Anyone who flies a Gadsden Flag
Anyone who stores survival goods and food
Anyone who uses shortwave radios or HAMs
Anyone who watches movies like ‘Freedom to Fascism’, with anti-Fed messages
Anyone who operates private barter and trade networks
Anyone who stores gold and silver or uses them as an alternative to the dollar
Basically, ANYONE who dissents through independent political organization or protests through non-participation in the corrupt system might as well be Al Qaeda…
Today, one does not need to blow up buildings, take hostages in political motivation, send anthrax through the mail, or even wave a gun around in a public place to be considered a terrorist threat. In fact, a man could never leave his house and still find himself under suspicion as an enemy of the state. The Department of Homeland Security has released numerous standardized guidelines to law enforcement offices across the country which are meant to make it “easier” for police and others to identify a possible terrorist. If you were to take at face value such documents as the now famous MIAC Report, the Virginia Fusion Center Report, the DHS’ “see something, say something” campaign, the Enemy Belligerents Act, the post trial statements of the Department Of Justice in the Liberty Dollar case, or the wild spewing rhetoric of establishment mouthpiece organizations like the SPLC, then you would discover that a likely terrorist is:
Anyone who talks frequently about the Constitution, or ill of the government
Anyone who supports the idea of a Constitutional Militia
Anyone who fights against anti-gun legislation, or owns many guns (man do we LOVE guns)
Anyone who supports state sovereignty and 10th Amendment issues
Anyone who supports Ron Paul (the ultimate sin according to the SPLC)
Anyone who believes the private Federal Reserve is destroying our economy
Anyone who talks about the “New World Order”, or global government (does this include men like George Soros, Joseph Biden, Gordon Brown, Henry Kissinger, George Bush, Bill Clinton, Strobe Talbot, George McGovern, Mikhail Gorbachev, Richard Nixon, etc.?)
Anyone who discusses economic collapse as a reality in the U.S.
Anyone who speaks out against the IRS
Anyone who participates in “Hacktivism” (including those who leak documents embarrassing to government)
Anyone who participates in any form of activist group
Anyone who argues that the Left/Right political paradigm is a scam
Anyone who promotes Anarchist views
Anyone who distrusts FEMA (as if Katrina did not give us ample reasons)
Anyone who believes a truly independent investigation of 9/11 is rational and called for
Anyone who home schools their children
Anyone who flies a Gadsden Flag
Anyone who stores survival goods and food
Anyone who uses shortwave radios or HAMs
Anyone who watches movies like ‘Freedom to Fascism’, with anti-Fed messages
Anyone who operates private barter and trade networks
Anyone who stores gold and silver or uses them as an alternative to the dollar
Basically, ANYONE who dissents through independent political organization or protests through non-participation in the corrupt system might as well be Al Qaeda…
Ten Commandments For Buying Gold & Silver
I. Always take delivery.
II. Never buy premium if you can avoid it.
III. Buy bullion for business, Numismatics for fun
IV. Buy Silver first, then Gold.
V. Buy small gold first, then large.
VI. NEVER buy exotic coins, modern rarities or ANYTHING you don’t understand.
VII. Know your Dealer.
VIII. What governments can’t find, they can’t steal.
IX. NEVER talk to anyone about where you store your physical metals or the amount you actually own.
X. There is no need to ever break the law……..
Wake Some People Up!
II. Never buy premium if you can avoid it.
III. Buy bullion for business, Numismatics for fun
IV. Buy Silver first, then Gold.
V. Buy small gold first, then large.
VI. NEVER buy exotic coins, modern rarities or ANYTHING you don’t understand.
VII. Know your Dealer.
VIII. What governments can’t find, they can’t steal.
IX. NEVER talk to anyone about where you store your physical metals or the amount you actually own.
X. There is no need to ever break the law……..
Wake Some People Up!
A Simple Example Of How Chinese Wage Inflation Can Hit American Consumers
One is the threat of increasing prices from labor in China. This weekend's Financial Times provides a simple anecdote of how this is already happening.
A representative of a firm manufacturing light bulbs went to the Guangxi region of China and offered workers wages of 1,600 RMB ($245) per month. He was expecting to hire 500 people at that price. Only 10 accepted jobs, according to the FT.
Workers in China, battling an increase in prices there, are demanding higher pay. Eventually, those costs get passed on to the end consumer, and with Chinese goods being exported everywhere around the world, these costs end up affecting everyone.
This example adds to comments made by Wal-Mart CEO Bill Simon who said "serious inflation" was on the horizon for U.S. consumers. Goods sourcers for major U.S. retailers have already warned of this emerging threat to prices.
Beyond emanating from higher oil prices, which increase the cost of transporting everything to the end buyer, the increase in wages in emerging markets that produce much of what Western buyers now consume is also key to the emerging inflation story.
Sunday, 10 April 2011
Aussie dollar boosted by its own 'gold standard'
The gold price is hitting new all-time highs on a daily basis because many investors have lost faith in paper money. They believe that central bank printing presses are devaluing currencies on a daily basis.
It is the same lack of belief in paper money that has been boosting the Aussie dollar. Paper money used to be backed by gold held in a central bank, but this was abandoned all over the world, allowing central banks to print money via processes such as quantitative easing.
Today, no currency in the world is on the gold standard – all money is “fiat” money.
However, Australia has significant resources of gold, uranium, iron ore, coal and many other important and valuable commodities. They are in the ground, not in a central bank, but this is the nearest thing the world has to the old gold standard. That’s why the Australian currency is so strong.
The same is also true of currencies in Canada, South Africa and Russia. They are effectively backed by commodities in the ground.
Saturday, 9 April 2011
Friday, 8 April 2011
Perfect Storm For Gold & Silver - Silver Surges 6% In Week To $40.28 – GFMS Forecast $50/oz This Year
Perfect Storm for Gold & Silver - Silver Surges 6% in Week to $40.28 – GFMS Forecast $50/oz This Year
Gold and silver reached new record all time and 31 year highs again yesterday and this morning – both nominal highs. Silver has surged to a new 31 year nominal high of $40.28/oz and may now target next resistance at $50/oz – the 1980 nominal high.
Gold is now targeting $1,500/oz after just reaching new nominal highs at $1473/oz. Gold is higher in all currencies this week but especially the beleaguered yen which has fallen 4% against gold in the week so far.
Gold and silver reached new record all time and 31 year highs again yesterday and this morning – both nominal highs. Silver has surged to a new 31 year nominal high of $40.28/oz and may now target next resistance at $50/oz – the 1980 nominal high.
Gold is now targeting $1,500/oz after just reaching new nominal highs at $1473/oz. Gold is higher in all currencies this week but especially the beleaguered yen which has fallen 4% against gold in the week so far.
Why Silver Will Go UP for Years to Come!
1. No nation on earth is using silver as a circulating medium of exchange. The State of Utah is leading the way by making it legal tender.
2. All nations on earth are using paper for money, which is about as wise as building houses out of straw. The amount of paper money is uncountable, and is constantly soaring to new highs. The USA stopped reporting the amounts of money in the banks back in 2006, and the banks in 2008 started depositing a lot of their bailout money with the Fed banks, making it even harder to track. All of that marks the beginning of hyperinflation, which appears to be starting now.
3. The Federal annual deficit, which is how much they spent more than they took in, is $1.66 trillion, or $830 billion for the first half of fiscal 2011. Does that count QEII? What was not counted in that? How reliable are the figures? If the figures are wrong, are the real figures likely to be bigger or smaller, and by how much?
4. The silver market remains tiny. "World investment rose by an impressive 40 percent last year to 279.3 million troy ounces (Moz), resulting in a net flow into silver of $5.6 billion, almost doubling 2009’s figure." How reliable are the figures?
Failure To Reach Budget Resolution Sends Dollar Plunging, Silver At New Post Hunt High
Following news that an 11th hour attempt to resolve the budget impasse between Obama, Reid and Boehner has failed, the dollar, and all related carry pairs, are getting obliterated. At last check the EURUSD was north of 1.4350, while all Yen funding pairs rose back to intraday highs. Which in this bizarro world also means that futures are now at highs: yes - a government shut down is bullish for stocks. The good news for those who continue to believe, what is only being realized by others, namely that the dollar's days are numbered is that silver has just touched $39.85: a fresh post Hunt Brother high. Gold is following suit.
Thursday, 7 April 2011
Mike Krieger Explains Why Silver Bullets Are The Only Defense Against Modern Financial Vampires
'This campaign is not just brilliant in its potential effectiveness but its real power comes from the inclusion of as many everyday citizens as possible in the fight. You see, back in the late 1970s when the Hunt brothers and others bought up a large percentage of the world’s available silver, they were relatively easily demonized and stopped by the government.. No government no matter how thuggish is going to be able to stop millions and millions of people the world over from buying a few ounces of silver. Silver is also in much shorter overall supply than gold since pretty much all 160,000 tons of gold estimated to have been produced over the course of human existence is still around somewhere. Silver is largely consumed and its annual production is estimated at only around 600 million ounces a year. Think about this for a second. While every adult American doesn’t have the $1400 to buy an ounce of gold, they do have the $75 dollars to buy three ounces of silver. So if every adult American spent $75 on silver that is total annual global production folks. See how powerful this is?
Ah but there is more. Keiser’s campaign has been accepting videos from members of its audience that support the campaign and he has then been posting the best one’s on the website. This takes the focus away from any one particular individual and puts it in the hands of the people that are participating. This is extremely empowering just as youtube and the internet in general are extraordinarily empowering. Someone that has never reached more than ten or twenty people in their lives with their views are now reaching thousands through the internet. The establishment “filter” on news and ideas is gone. The internet is the Guttenberg printing press on steroids. Let’s not forget that the Guttenberg press was key in sparking the Renaissance. This is why I am completely convinced that the current system will collapse. It has run its course and is no longer helpful to humanity’s progress in the 21st century. The people do not want things to stay the way they are and in fact the means of ending it are very simple. Much more simple than voting at the polls for politicians that know nothing and can be bought off within a week. Vote with your money. Buy silver.'
Ah but there is more. Keiser’s campaign has been accepting videos from members of its audience that support the campaign and he has then been posting the best one’s on the website. This takes the focus away from any one particular individual and puts it in the hands of the people that are participating. This is extremely empowering just as youtube and the internet in general are extraordinarily empowering. Someone that has never reached more than ten or twenty people in their lives with their views are now reaching thousands through the internet. The establishment “filter” on news and ideas is gone. The internet is the Guttenberg printing press on steroids. Let’s not forget that the Guttenberg press was key in sparking the Renaissance. This is why I am completely convinced that the current system will collapse. It has run its course and is no longer helpful to humanity’s progress in the 21st century. The people do not want things to stay the way they are and in fact the means of ending it are very simple. Much more simple than voting at the polls for politicians that know nothing and can be bought off within a week. Vote with your money. Buy silver.'
Another Day, Another Record High For Gold
If one scours the newspapers, maybe, just maybe, one may find reference, in the page 13 fine print, that gold prices keep hitting fresh all time highs each and every day. The rumor now is that petrodollars have had their fill of EURs (which they have been buying instead of USDs) and are migrating to PMs. Another catalyst is the earlier announcement by Jean-Claude Trichet that the rate hike may not be the first in a series, confirming the vacillation by the European Central Bank. Until we see confirmation we will let this rumor be. One thing we are certain of: there are more buyers than sellers.
Gold touching a new all time high:
Gold touching a new all time high:
Max Keiser and the Silver Liberation Army
In a follow-up to a number of articles The Intel Hub has posted on Silver, we are pleased to announce that Max Keiser has initiated a new campaign to Crash JP Morgan.
Max has just announced the formation of the Silver Liberation Army to combat what Max defines as the “Financial Terrorism” that JP Morgan has inflicted on us.
Max Keiser predicts that JP Morgan is going to default on the COMEX, which is operated by Blackrock.
In what is termed as Naked Short Selling, JP Morgan sells approximately 9 ounces of Silver that they do not own for every ounce they have in their possession. This Fiat ETF (Exchange Traded Funds) Scheme is what Max believes will bring down the JP Morgan British Empire – oops – I meant the JP Morgan Empire.
To the uninitiated, the Crash JP Morgan – Buy Silver was a huge success and possibly tens of thousands of individuals worldwide took part in the campaign.
The Intel Hub posted a number of articles immediately and helped support the charge to inform people all over the world. The importance of having real assets is vital to financial stability and security and being aware of the Fiat Currency that is depreciating every day is crucial knowledge.
Max has just announced the formation of the Silver Liberation Army to combat what Max defines as the “Financial Terrorism” that JP Morgan has inflicted on us.
Max Keiser predicts that JP Morgan is going to default on the COMEX, which is operated by Blackrock.
In what is termed as Naked Short Selling, JP Morgan sells approximately 9 ounces of Silver that they do not own for every ounce they have in their possession. This Fiat ETF (Exchange Traded Funds) Scheme is what Max believes will bring down the JP Morgan British Empire – oops – I meant the JP Morgan Empire.
To the uninitiated, the Crash JP Morgan – Buy Silver was a huge success and possibly tens of thousands of individuals worldwide took part in the campaign.
The Intel Hub posted a number of articles immediately and helped support the charge to inform people all over the world. The importance of having real assets is vital to financial stability and security and being aware of the Fiat Currency that is depreciating every day is crucial knowledge.
Wednesday, 6 April 2011
'Japan radiation 7.5mn times legal limit'
'Radioactive readings found in Japan seawater has reached millions of times higher than the legal limit, the operator of Fukushima's damaged nuclear plant says.
According to the findings, seawater samples taken from the water near the Fukushima No. 1 nuclear plant's No. 2 reactor several days ago were contaminated with radioactive iodine-131, seven and a half million times the legal limit, AP reported.
More recent findings, however, indicated that the reading has dropped to five million as of Monday.'
Tuesday, 5 April 2011
Stephen Wiltshire: A glimpse of our true potential
"How does he do it? The left brain, which dominates human perception, sees everything in parts while the right brain sees everything as one. Stephen's right brain takes a snapshot of the whole picture and retains that for instant recall.
If the left side of the brain tried to do this alone, it would be staring at a blank sheet of paper for a long time because, at best, it would recall only the parts that it consciously observed without connections to the whole and, even then, it would need notes to support its memory.
It is no accident that the 'education' system from top to bottom, the media, politics, mainstream 'science', and the other institutions of perception-programming are all based on left-brain 'thinking' and manipulating the population to do the same.
That is why humanity focuses on the twigs and can't see the forest." David Icke
If the left side of the brain tried to do this alone, it would be staring at a blank sheet of paper for a long time because, at best, it would recall only the parts that it consciously observed without connections to the whole and, even then, it would need notes to support its memory.
It is no accident that the 'education' system from top to bottom, the media, politics, mainstream 'science', and the other institutions of perception-programming are all based on left-brain 'thinking' and manipulating the population to do the same.
That is why humanity focuses on the twigs and can't see the forest." David Icke
Japan: TEPCO To DUMP 11,500 Tons of Nuclear Radioactive Water Into Pacific Ocean
'Japan: TEPCO to release 11,500 tons of nuclear radioactive water into the Pacific Ocean declaring the water to be dumped contains only low levels of radioactivity. In reality the water about to be dumped is highly radioactive as I point out below.'
QE3 On - QE3 Off: Bizarro World Wins, As Hatzius Threatens Lowering Forward GDP
We have now gotten to the very limits of the market, where any even modestly bad news (Services ISM) even if of a secondary importance nature, sends the market surging higher as expectations that QE3 is inevitable, hit 100%. Then when good news comes, and QE3 is deemed to be impossible, the market plunges. Bizarro world, where bad news is good news and vice versa, has won. Thank you central planning. And for all those who jettisoned gold on expectations the economy was actually, chuckle, improving, here is your chart.
Portugal 'sells' Ronaldo to Spain in €160m deal on national debt
Weighed down by debt, and reeling from the latest downgrading of their country's credit status, Portugal's finance ministry has secured the co-operation of football's highest-paid player in an audacious bid to draw the nation back from the brink of economic collapse.
In a move which some observers claimed "will lead to the destruction of the World Cup", Cristiano Ronaldo has agreed to "act like a patriot" and be sold to neighbouring Spain for €160m.
BMO On A "New Paradigm For Silver"
Courtesy of the Village Whisperer, we are happy to present BMO's latest comprehensive report on silver titled "A new paradigm for silver." While we suggest readers skip the part about price expectations for gold, silver and other metals, which at this point nobody save for the Chairsatan has any clue where these will go (and Bernanke's mind is made up for him by Jan Hatzius, so as always pay attention to Goldman buy/sell signals on PMs), the report does have a very extensive section on the key supply and demand drivers, which for anyone new to the metal, is a must read. Additionally, the report covers virtually all the key silver miners of note (incidentally for those wondering, the San Critsobal strike was lifted earlier today).
In summary:
In summary:
- BMO Research has reviewed a number of supply and demand scenarios for silver through 2015E. The analysis suggests that the projected rise in mine supply should largely be consumed by rising industrial demand through to the end of 2012E.
- The prospects of further quantitative easing combined with sovereign debt concerns, competitive ‘fiat’ currency devaluation in western economies, and the return of inflation could result in investment demand exceeding BMO Research’s projections and extending the supply deficit through 2014E.
- This shift in the supply/demand dynamic lies in contrast to the broader investment perception for silver, which is rooted in the 1990’s when the metal was in abundance, driven by the demise of the photographic industry and Chinese selling.
- The paradigm shift for silver suggests that the traditional benchmarks for silver, such as the long-term historical ratio with gold, are no longer valid. Accordingly, the markets are searching for a new set of criteria againstwhich to benchmark the price of silver, with a bias to the upside.
Monday, 4 April 2011
Former CIA Analyst Tells Truth About Libya Intervention On CNN, Hilarity Ensues
Former CIA analyst Michael Scheuer appeared on CNN and told his lovely blonde and brunette anchors the truth about what is really happening. The hilarious Stepford Wives reaction and the unprecedented cognitive dissonance the ensues is worth the price of admission.
Obama's new view of his own war powers
'Yesterday, Hillary Clinton told the House of Representatives that "the White House would forge ahead with military action in Libya even if Congress passed a resolution constraining the mission." As TPM put it: "the administration would ignore any and all attempts by Congress to shackle President Obama's power as commander in chief to make military and wartime decisions," as such attempts would constitute "an unconstitutional encroachment on executive power."
As Democratic Rep. Brad Sherman noted, Clinton was not relying on the War Powers Resolution of 1973 (WPR); to the contrary, her position is that the Obama administration has the power to wage war in violation even of the permissive dictates of that Resolution. And, of course, the Obama administration has indeed involved the U.S. in a major, risky war, in a country that has neither attacked us nor threatened to, without even a pretense of Congressional approval or any form of democratic consent. Whether the U.S. should go to war is a decision, they obviously believe, "for the President alone to make."'
Greenpeace: Japan Nuclear Disaster Is THREE Separate Chernobyl Level 7 incidents
'A recent Greenpeace study based on data from the French and Austrian governments showed that by March 23 so much radiation had already been released from Fukushima that the crisis already equates to 3 Chernobyl INES level 7 incidents.
Here we are over a week after the study. How bad is it now?'
Sunday, 3 April 2011
Friday, 1 April 2011
Wal-Mart US CEO To America: "Prepare For Serious Inflation"
To those who think that buying food in the corner deli is becoming a luxury, we have five words: you ain't seen nuthin' yet. U.S. consumers face "serious" inflation in the months ahead for clothing, food and other products, the head of Wal-Mart's U.S. operations warned Wednesday talking to USA Today. And if Wal-Mart which is at the very bottom of commoditized consumer retail, and at the very peak of avoiding reexporting of US inflation by way of China is concerned, it may be time to panic, or at least cancel those plane tickets to Zimbabwe, which is soon coming to us.
Prophets, Planets and Physicists Align On California Quake
Influences on the earth include a disturbed magnetosphere and axis shift, greatly increased solar activity and a recent "super moon" where the moon has been the nearest to earth in 18 years.
But more things are lining up
Between March 28th and June 9th several alignments will be taking place in our solar system, exerting extra pull on our planet.Feb 23, 2011: Jupiter and Saturn, the two largest planetary bodies in the solar system, stood directly opposite to one another across the sun. (Christchurch New Zealand quake was the 22nd!)
March 28th: the earth passes between Jupiter and Saturn with them still one degree from being directly opposite across the sun. (3 days from the time of the this post..)
April 3rd: the earth moves between the sun and Saturn at the new moon. Late that day there is a close line up of the sun, the moon, the earth and Saturn.
April 6th: the sun moves between Jupiter and the earth.
April 9th: Mercury moves between the sun and the earth.
Definitely something to take into account and keep an eye on.
Read more: Prophets, Planets and Physicists Align On California Quake
Just Buggin Illuminati Special (with lyrics)
Just Buggin Illuminati Special (with lyrics) by Mark Devlin
'JUST BUGGIN' ILLUMINATI SPECIAL!
As many are starting to realise, we're living in incredible times, and a mass awakening of human consciousness is underway. The first stage of this is the realisation that the world is not run by the people we've been conditioned all our lives to believe it is. It's a network of occult secret societies who actually control all aspects of human life. And it's finally coming down. It's a complex network, but 'The Illuminati' has come to be adopted as a collective term for the covert controllers.
More than any other genre, the hip-hop world has been paying attention to the revelations, and Illuminati/ New World Order-related lyrics are being infused into tracks by more and more vigilant artists - those that aren't owned by one of the control-system corporations, that is!
So if I'm a nutter, so are a hell of a lot of rappers!
In this special one-off edition of Just Buggin, Mark Devlin presents a carefully vetted selection of tracks whose lyrics address various aspects of the global conspiracy - along with the occasional foray into the nature of reality itself and the false version of history we've been fed, because they're all fundamentally linked. Not your average fluffy family fun then! No Rihanna or Nicki Minaj here. This is music for mature, open-minded grown-ups who aren't afraid to think for themselves.
The lyrics for as many of the tracks as it was possible to find are included below.
So ...blinkers off, X Box down, third eye open - let's go!'
'JUST BUGGIN' ILLUMINATI SPECIAL!
As many are starting to realise, we're living in incredible times, and a mass awakening of human consciousness is underway. The first stage of this is the realisation that the world is not run by the people we've been conditioned all our lives to believe it is. It's a network of occult secret societies who actually control all aspects of human life. And it's finally coming down. It's a complex network, but 'The Illuminati' has come to be adopted as a collective term for the covert controllers.
More than any other genre, the hip-hop world has been paying attention to the revelations, and Illuminati/ New World Order-related lyrics are being infused into tracks by more and more vigilant artists - those that aren't owned by one of the control-system corporations, that is!
So if I'm a nutter, so are a hell of a lot of rappers!
In this special one-off edition of Just Buggin, Mark Devlin presents a carefully vetted selection of tracks whose lyrics address various aspects of the global conspiracy - along with the occasional foray into the nature of reality itself and the false version of history we've been fed, because they're all fundamentally linked. Not your average fluffy family fun then! No Rihanna or Nicki Minaj here. This is music for mature, open-minded grown-ups who aren't afraid to think for themselves.
The lyrics for as many of the tracks as it was possible to find are included below.
So ...blinkers off, X Box down, third eye open - let's go!'
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