Archive - 2014 - Blog entry

Why is Bitcoin dangerous and of little intrinsic value? Because my local Central Banker Told Me So! - OR - The lasting message from the highly Centralized, Centrally Planned, Central Banks of the World? "We think, so you don't have to!"

For any/all readers who retain the capacity for independent thought; it is universally acknowledged that the mainstream, Corporate media is little more than a propaganda megaphone. It broadcasts a single message, 24/7, with which the Old World Order brainwashes the masses in our Zombie societies.

It is understood that with the overwhelming financial resources at its disposal; the One Bank has been able to (literally) buy each-and-every mainstream media outlet across the Western world, with all of these media outlets controlled within a mere handful of its 147 corporate fronts. We understand that because of this media oligopoly that, conservatively speaking, 99% of what is spewed by the mainstream media is irredeemably tainted – and thus cannot be relied upon.

As the debate regarding whether or not Switzerland should keep the bulk of its gold reserves at home on Swiss soil reaches it's climax - the referendum takes place on Sunday - it is telling that the Dutch announced on Friday that they have just secretly repatriated 122 tonnes of their sovereign gold reserves from New York back to Amsterdam.

There's an interesting initiative on the Swiss ballot, which imposes a barrier to currency debasement. It's a heroic measure, but there's a flaw.

The look at the drivers of next week, without using the word manipulation or conspiracy, or referring to how stupid or evil some people may or may not be. 

Why all of a sudden this quick 'gold fix'?

They say be careful what you wish for. And, as is often the case, "they" are right.

Contrary to the death of the dollar chatter, the US currency continues to appreciate.  Here's why there is still punch left in the bowl.  

They're already here!

November 21 - Gold $1197.50 up $6.80 – Silver $16.40 up 26 cents

Bill Cosby And GATA

As you can see by this view of the NQ, this massively bullish news has not, as of yet, represented any kind of sea-change in the markets. Before the day was even out (again, in some, not all markets),  the entire move up was reversed.

Remember, Oil is closely linked to the global economy. What does it say about the true state of affairs that oil is back at levels last seen in 2009-2010… while stocks are at new all time highs?

All Central Planners are paper tigers...

Stability is a myth yet it’s what we humans strive for...

The vast majority of investors are ignoring a major warning that this bounce is not to be trusted.