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Who really needs a gold standard? We all do, immediately.

Ponzi schemes are as old as time.

When asked that question last year at the New Orleans Investment Conference Greenspan had two words for the interviewer.

When people lose everything and they have nothing to lose, they “lose it.”

Looks like something big is about to take place.......

We have liquidity concerns. We have safety concerns. We have cost and efficiency concerns.

 by a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens

For the banksters, one “free” gold market would be one too many.

Basically, the gold mining industry issued billions of new shares and debt to help replace production and to compensate for rising costs

The Comex continues to see a drain of its Registered Silver inventories (for delivery), while the SHFE inventories are showing a rapid increase.

Many price-battered precious metals investors may currently be sitting on some quantity of capital that they plan to convert into gold and silver, but they are wondering when “the best time” is to do so.

When will we know that the United States is really close to “normalizing interest rates”? The U.S. dollar will no longer exist, and (hopefully) neither will the Federal Reserve – the entity which promised to “protect” that dollar.

Will the scheme by the One Bank and India’s government to steal some/most/all of the 20,000 tonnes of privately held gold in India be successful?

Iceland refused to be blackmailed. Iceland refused to take on the extra debt (and debt slavery) that came with the blackmail. Iceland refused to touch its social programs. Iceland has the strongest economy in the Western world.

Unfortunately, this is not a sustainable financial or economic business model for the West.