21 Feb 2013

China Will Have World’s Largest Gold Reserves In 2 To 3 Years

Mystery Meat – Shut Up & Eat! Max Keiser with HBOS whistleblower, Paul R. Moore

Max Keiser and Stacy Herbert discuss where you go when you can't even afford mystery meat? They also wonder whether Germany's gold has already been sent out to slaughter while the men running the money abattoirs continue sending us photos of the intact gold. In the second half of the show, Max Keiser talks to HBOS whistleblower, Paul R. Moore, about the absurdity of naming the FSA twice and why eating dodgy securities is not a victimless crime. Source

ANALYSIS: The fall and rise of Gold, the rise and fall of property. Time to be a contrarian.

goldcoinsGOLD & PROPERTY: 
contemporary weirdos explained
The Slog: In the opening post today, I postulated that ‘indeflation’ involves a situation where taxes and prices go up, and the value of assets goes down. Following that original Slogpost from 2010, I returned to the subject several times, the last time before the Bilderberger Conference of last year, when I predicted:
‘As more sovereigns and banks collapse under the weight of their debts, notional funny-money obligations will start to seep into the real system, and nations the world over will print fiat currency in order to turn the abstract into the concrete…or put another way, silly bankers’ games into a millstone. That will depress asset values, and inflate currencies.’

Canada to count activists as terrorists

Press TV: The idea of characterizing activists as terrorists might conjure up images of the worst totalitarian regimes. But, previously unseen documents accessed via a freedom of information request reveal that the Canadian Security or Intelligence Services are seemingly broadening the definition of terrorism to encompass certain types of activists. Activists say that the Canadian state's conflation of activism with terrorism is an indication of the Orwellian nature of the post-9/11 world order.

Fall of capitalism aka the rise of fascism

Press TV: Capitalism is a cult. It is devoted to the ideals of privatization over the common good, profit over social needs, and control by a small group of people who defy the public's will. The tenets of the cult lead to extremes rather than to compromise. Examples are not hard to find. By sitting on their growing investments, the richest five Americans made almost $7 billion each in one year. That's $3,500,000.00 per hour. The minimum wage for tipped workers is $2.13 per hour.

All Wars Are Bankers' Wars

e33State: Written and spoken by Michael Rivero. The written version is here: http://whatreallyhappened.com/WRHARTI...

UK will soon struggle to keep lights on so govt. to divert billions in foreign aid to military adventures spun as 'peacekeeping'

RT: Britain will struggle to keep the lights on in a few years - with the country's energy regulator warning that it's coming dangerously close to power shortages. And household bills are going to sky-rocket, because more fuel will need to be brought in from abroad. That's because fascist EU pollution regulations mean coal-fired stations have to close.

Paper Money Kaput! Gold rush on rise as Europe crisis deepens + The U.S. Federal Reserve System - The Biggest Crime You Will Live Under In Your Lifetime

It used to be the main exchange currency in Europe, but soon after WW1 governments ditched it. Now, amid turbulent financial times and economic woes, gold is fashionable once more

Gold's Regular Morning Mugging A broad daylight crime-in-progress!

By Adam Taggart: Not everyone is a morning person. And few people like Mondays. But if you're a precious metals investor, mornings – especially Mondays – are brutal.

The Evidence

The precious metals are routinely sold off at or soon after the 8:20am EST morning open of the New York NYMEX exchange.
Below are the daily gold price charts (source: Kitco) for each Monday (or Tuesday, if Monday was a holiday) since early this year. The current day's gold price is noted by the bright green line. The morning takedown is highlighted by the orange oval.

Monday, January 7

Gold is taken down $10 immediately after the 8am NYMEX open


For months and months now I've been warning traders that QE3&4 were going to have a major effect on stocks. I knew that analysts claiming that each new QE was having less and less affect would not apply to this latest round of quantitative easing.
I was confident the latest counterfeiting operation by the Fed would push stocks to at least test the 2007 highs, and I really expect we will see a marginal break above that level sometime this year. Probably by the end of the month. My current guess is that we will get a sell the news type of event as soon as the sequestration can is kicked down the road and that will mark the top of this particular intermediate cycle.
Make no mistake though we are still in a secular bear market. Stocks are testing their all-time highs at the same time earnings are in decline, GDP has turned negative, and unemployment is starting to tick up.
It has been my expectation that the stock market would put in a final top sometime this year. I also expect this will be a very extended and difficult topping process lasting months if not a year or more.

During this topping process I expect to see an inflationary surge very similar to what happened in the oil markets during the 2007 top.

20 Signs That The U.S. Economy Is Heading For Big Trouble In The Months Ahead

By Michael: Is the U.S. economy about to experience a major downturn?  Unfortunately, there are a whole bunch of signs that economic activity in the United States is really slowing down right now.  Freight volumes and freight expenditures are way down, consumer confidence has declined sharply, major retail chains all over America are closing hundreds of stores, and the "sequester" threatens to give the American people their first significant opportunity to experience what "austerity" tastes like.  Gas prices are going up rapidly, corporate insiders are dumping massive amounts of stock and there are high profile corporate bankruptcies in the news almost every single day now.  In many ways, what we are going through right now feels very similar to 2008 before the crash happened.  Back then the warning signs of economic trouble were very obvious, but our politicians and the mainstream media insisted that everything was just fine, and the stock market was very much detached from reality.  When the stock market did finally catch up with reality, it happened very, very rapidly.  Sadly, most people do not appear to have learned any lessons from the crisis of 2008.  Americans continue to rack up staggering amounts of debt, and Wall Street is more reckless than ever.  As a society, we seem to have concluded that 2008 was just a temporary malfunction rather than an indication that our entire system was fundamentally flawed.  In the end, we will pay a great price for our overconfidence and our recklessness.
So what will the rest of 2013 bring?

Zionists strictly control Western media: Scott Rickard

UK and Europe Banned Press TV: A political commentator tells Press TV that the Zionist movement absolutely controls the media in the United States and Western countries.
The European satellite provider Eutelsat, owned by the Zionist Michel de Rosen, has ordered Nilesat to pull the plug on
Iran's English-language news channel, Press TV, as part of his war on freedom of speech.