Archive - Jan 2015 - Blog entry

Who will ultimately benefit from the action? Will it be the people of Europe or only the mega-rich? For whom, we have continuously pointed out QE has greatly benefitted and as Alan Greenspan recently pointed out – QE has been a “terrific success.” The intensification of currency debasement and currency wars shows the increasing importance of owning physical gold coins and bars.

Laugh if you want to.  Cry if you want to, but the bull market for the US dollar has legs and life. 

This year's theme: Canceled NWO

Will the ECB deliver the right message?

Big Corporations Are Only Part of the Problem …

The old joke is "In America, you correct newspaper, but in Soviet Union, newspaper corrects you.” Switzerland is now experiencing the bond market equivalent.

People have been asking me why we spend so much time in New Zealand, so here you go...

What he sees is what we get...

A mere 70 million people will have more wealth than 6.93 billion. Thanks, banksters!

What's Are The Long Term Implications of the SNB actions last week?

The fact that Central banks are now openly cutting interest rates to NEGATIVE should tell you how far along we are in terms of funding problems (at these rates, bond holders are PAYING the Government for the right to own bonds). From a baseball analogy we’re in the late 8^th, possibly early 9^th inning. 

The Bundesbank, Germany’s powerful central bank, announced very publicly this morning the further repatriation of some of it’s gold being held in foreign locations – namely in Paris and New York with the Bank of France and the Federal Reserve.

What you are about to see has absolutely nothing to do with Dr Martin Luther King...

Umm ... Who Exactly Are We Bombing?

My conclusion is that the SNB deliberately screwed the market, and in the process shot itself in the foot for 30-50 billion dollars. What were they thinking?