National Debt
Silver and Gold Truth Versus Fiat Lies
Submitted by Sprott Money on 02/10/2015 16:45 -0500The Jefferson Airplane sang about truth and lies nearly 50 years ago.
“When the truth is found to be lies
And all the joy within you dies…”
Restating their insight to make it relevant to our global delusions about real money – gold and silver – and the much less real money we call dollars, euros, pounds, yen and so forth:
When the truths we want to believe are clearly lies,
Then CONFIDENCE in our currency dies…
Exponential Explosions in Debt, the S&P 500, Crude Oil, Silver and Consumer Prices
Submitted by Sprott Money on 02/06/2015 07:01 -0500In 1913 the US national debt was less than $3 Billion, gold was real money, and a cup of coffee cost a nickel.
By 2015 the US national debt had increased to over $18,000,000,000,000 ($18 Trillion), the gold standard was called a “barbarous relic,” most currencies had devolved into fiat paper and digital symbols backed by insolvent governments, and a Grande soy cinnamon latte, double pump, triple shot, extra hot, with sprinkles cost about five bucks.
Greek Election Results Worry The Bankers
Submitted by Sprott Money on 02/04/2015 15:46 -0500It becomes easier and easier to translate the propaganda of the One Bank (delivered by its messengers in the Corporate media) because the patterns of behavior of this crime syndicate continue to become more blatant/obvious.
The One Bank does not want to see any ‘defections’ amongst the member-states of the EU (i.e. any splintering of this totalitarian entity). The obvious reason for this is that the EU has morphed into a monetary straitjacket, as a single banking entity (the ECB) controls the printing presses of all EU states. To grasp the significance of this; we need merely refer back to the words of Mayer Amschel Rothschild (1744 – 1812), the original patriarch of the Rothschild clan, and architect of the One Bank.
Canada Mauled by Oil Bust, Job Losses Pile Up – Housing Bubble, Banks at Risk
Submitted by testosteronepit on 02/01/2015 21:15 -0500What ratings agency Fitch and the Bank of Canada had warned about has come to pass.
Europe Fractures: France "Prepared To Support Greece" In Debt Renegotiations
Submitted by Tyler Durden on 02/01/2015 16:10 -0500Despite Angela Merkel's insistence on numerous occasions this past week that there will be "no debt renegotiations," it appears a schism at the core of Europe is opening. As France24 reports, following a meeting between France's finance minister Michel Sapin and Greece's finance minister Yanis Varoufakis, the press conference had a considerably more amicable tone that Friday's Dijsselbloem dissing. "France is more than prepared to support Greece," Sapin said adding that Greece’s efforts to renegotiate were "legitimate." Sapin urged a "new contract between Greece and its partners."
David Stockman: Woodrow Wilson's War & Why The Entire 20th Century Was A Mistake
Submitted by Tyler Durden on 01/24/2015 22:00 -0500"My humble thesis tonight is that the entire 20th Century was a giant mistake. And that you can put the blame for this monumental error squarely on Thomas Woodrow Wilson - a megalomaniacal madman who was the very worst President in American history... well, except for the last two."
The Dire State Of Our Nation (What You Won’t Hear From The Politicians)
Submitted by Tyler Durden on 01/23/2015 22:20 -0500No matter what the politicians say about how great America is and how we, as a people, will always triumph, the fact is that the nation seems to be imploding. Despite the dire state of our nation, however, you can rest assured that none of the problems that continue to plague our lives and undermine our freedoms will be addressed by our so-called elected representatives in any credible, helpful way, and certainly not during a State of the Union address.
11 Facts That Won't Be In Tonight's State Of The Union
Submitted by Tyler Durden on 01/20/2015 19:45 -0500When President Obama ascends to the podium this evening to deliver his State of the Union address, he’ll undoubtedly shine a spotlight on the many strengths of America. The real issue, however, isn’t where the United States is today. The problem is where it’s going. And quickly...
27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama
Submitted by Tyler Durden on 01/19/2015 17:15 -0500During his State of the Union speech on Tuesday evening, Barack Obama is going to promise to make life better for middle class families. Each January, he gets up there and tells us how the economy is “turning around” and to believe that much brighter days are right around the corner. And yet things just continue to get even worse for the middle class. The numbers that you are about to see will not be included in Obama’s State of the Union speech. They don’t fit the “narrative” that Obama is trying to sell to the American people. But all of these statistics are accurate. They paint a picture of a middle class that is dying.
What Happens Next In Russia - A 6-Step Recipe For Western Disaster
Submitted by Tyler Durden on 01/13/2015 22:05 -0500In comparing pre-collapse USSR to Russia today, commentators and analysts showcase their ignorance. Recent events, such as the overthrow of the government in Ukraine, the secession of Crimea and its decision to join the Russian Federation, the subsequent military campaign against civilians in Eastern Ukraine, western sanctions against Russia, and, most recently, the attack on the ruble, have caused a certain phase transition to occur within Russian society, which, I believe, is very poorly, if at all, understood in the west. This lack of understanding puts Europe at a significant disadvantage in being able to negotiate an end to this crisis.
We Are Entering An Era Of Shattered Illusions
Submitted by Tyler Durden on 01/07/2015 22:30 -0500The structure of history is held together by two essential and distinct kinds of links, two moments in time to which no one is immune: moments of epiphany, and moments of catastrophe. Sometimes, both elements intermingle at the birth of a singular epoch. Men often awaken to understanding in the midst of great crisis; and, invariably, great crises can erupt when men awaken. These are the moments when social gravity vanishes, when the kinetic glue of normalcy melts away, and we begin to see the true foundations of our world, if a foundation exists at all. That time is now...
Sayonara Global Economy
Submitted by Tyler Durden on 01/05/2015 19:30 -0500- 10 Year Treasury
- Abenomics
- Alan Greenspan
- Bank of Japan
- Belgium
- Ben Bernanke
- Ben Bernanke
- Bond
- Brazil
- Budget Deficit
- China
- Consumer Credit
- CRAP
- default
- Federal Reserve
- Finland
- France
- Free Money
- Germany
- Global Economy
- GMAC
- goldman sachs
- Goldman Sachs
- Greece
- Home Equity
- Housing Market
- Ireland
- Jamie Dimon
- Janet Yellen
- Japan
- keynesianism
- Krugman
- Ludwig von Mises
- Market Crash
- Middle East
- Monetary Base
- Mortgage Backed Securities
- National Debt
- Netherlands
- New Home Sales
- Nikkei
- Obama Administration
- Obamacare
- Real estate
- Real Interest Rates
- Recession
- recovery
- Savings Rate
- Student Loans
- Switzerland
- Unemployment
- Yen
- Yield Curve
The surreal nature of this world as we enter 2015 feels like being trapped in a Fellini movie. The .1% party like it’s 1999, central bankers not only don’t take away the punch bowl – they spike it with 200% grain alcohol, the purveyors of propaganda in the mainstream media encourage the party to reach Caligula orgy levels, the captured political class and their government apparatchiks propagate manipulated and massaged economic data to convince the masses their standard of living isn’t really deteriorating, and the entire façade is supposedly validated by all-time highs in the stock market. It’s nothing but mass delusion perpetuated by the issuance of prodigious amounts of debt by central bankers around the globe. But now, the year of consequences may have finally arrived.
Review of 2014 – Gold Second Best Currency, +13% in EUR, +6% GBP
Submitted by GoldCore on 01/05/2015 04:53 -0500- Australia
- Bank of England
- Bank of Japan
- Barclays
- Bear Market
- Belgium
- Bond
- Borrowing Costs
- Central Banks
- China
- Consumer Confidence
- Copenhagen
- Copper
- CRB
- Credit Rating Agencies
- Crude
- Crude Oil
- default
- Dow Jones Industrial Average
- ETC
- European Union
- Eurozone
- Federal Reserve
- France
- Futures market
- Germany
- Greece
- Hyperinflation
- India
- Iraq
- Ireland
- Japan
- Kazakhstan
- Middle East
- NASDAQ
- NASDAQ Composite
- National Debt
- Netherlands
- New Zealand
- Nikkei
- Obama Administration
- Portugal
- Precious Metals
- President Obama
- Quantitative Easing
- Rating Agencies
- Reuters
- Student Loans
- Swine Flu
- Switzerland
- Ukraine
- World Gold Council
- Yen
- Yuan
2014 may go down as the year when gold and silver conspiracy “theories” became conspiracy “facts” as banks globally were found to have conspired to rig the prices of gold, silver, currency and many other markets.
Germany "Not Concerned" As The Cradle Of Democracy Rocks The Autocrats And Kleptocrats
Submitted by Tyler Durden on 12/28/2014 15:00 -0500With Greek CDS surging to near post-bailout highs (and short-end bond yields back above 11%), it appears the market is anxious of the endgame as tomorrow's 3rd and final 'snap-election'-saving vote looms. Following Samaras fearmongering yesterday, it appears Germany is starting to fear the worst (and play down its effect), as Merkel's bloc states "the prospect of a Greek sovereign default is no longer a concern for euro member countries and financial markets," adding "hope that Greece’s international partners would pay if the country’s policymakers refuse to carry out necessary reforms is misplaced." However, as Bruno de Landevoisin notes, "what is at stake is none other than the prosperity of the common man pitted against the privilege of concentrated power."
The Cradle of Democracy Rocks the Autocrats
Submitted by Bruno de Landevoisin on 12/27/2014 07:14 -0500On the old continent, this December 29th, a succinct political showdown is scheduled to take place which may well become a defining moment for our entirely unsettled new millenium.






