Friday, August 28, 2015

Lies You Will Hear As The Economic Collapse Progresses

I don't agree with all his predictions, but he makes a compelling argument for them.

What China's Treasury Liquidation Means: $1 Trillion QE In Reverse

The Financial Times Calls for Ending Cash, Calls it a “Barbarous Relic”
When you start to see increased propaganda about banning cash, you know the status quo is very scared and things are getting very serious. You’ve been warned.

The fact that people treat cash as the go-to safe asset when banks are teetering is heavy with historical irony. Paper money was once the symbol of monetary irresponsibility. But even as individuals have taken recent crises as reasons to stock up on banknotes, authorities would do well to consider the arguments for phasing out their use as another “barbarous relic”, the moniker Keynes gave to gold.

Of course, if cash were  involuntarily”ended,” there would be a surge in demand for physical gold and silver, which would then necessitate a ban on those items. Then the cycle of economic and financial tyranny would be complete, and crawling our way out of it, nearly impossible. 

Joe Biden's Son Blames "Russian Agents" For Ashley Madison Profile

We Are All Preppers Now
Advice on the looming crash, No. 1: get hard cash in a safe place now; don't assume banks & cashpoints will be open, or bank cards will work.
Crash advice No. 2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.
Crash advice No. 3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.

China’s Master Plan To Create A New World Order Amidst The Global Chaos

Friday, August 21, 2015

The Federal Reserve is Not Your Friend

Debt Is Good

This Nobel-winning economist has gone mad.  So have his followers.
Believe it or not, many economists argue that the economy needs a sufficient amount of public debt out there to function well. And how much is sufficient? Maybe more than we currently have. That is, there’s a reasonable argument to be made that part of what ails the world economy right now is that governments aren’t deep enough in debt.

I know that may sound crazy. After all, we’ve spent much of the past five or six years in a state of fiscal panic, with all the Very Serious People declaring that we must slash deficits and reduce debt now now now or we’ll turn into Greece, Greece I tell you.

But the power of the deficit scolds was always a triumph of ideology over evidence, and a growing number of genuinely serious people — most recently Narayana Kocherlakota, the departing president of the Minneapolis Fed — are making the case that we need more, not less, government debt.

The 'Big Long' Gets Bigger As Goldman And HSBC Gobble Up Tons More Gold

The 'Big Long' - Goldman Sachs And HSBC Buy 7.1 Tons Of Physical Gold

Young people: read this before you f**k up your lives

Thursday, August 13, 2015

Freedom And Central Planning Can Never Coexist

Tips on Deleting Emails From Email Book Hillary Clinton Wanted to Read
The last batch of Hillary Clinton emails released by the State Department included one from Clinton asking to borrow a book called “Send: Why People Email So Badly and How to Do It Better,” by David Shipley and Will Schwalbe.

Clinton has not said why she requested the book, but it includes some advice that is particularly interesting in light of the controversy over her unconventional email arrangement at the State Department and her decision to delete tens of thousands of emails she deemed to be purely personal.

The copy that ABC downloaded for $9.99 had some interesting revelations.

Take, for example, Chapter Six: “The Email That Can Land You In Jail.” The chapter includes a section entitled “How to Delete Something So It Stays Deleted.”

From $1,300 Tiger Penis To $800K Snipers: The Complete Black Market Price Guide

Did Clinton Aides Withhold Damaging Benghazi Documents?

Tuesday, August 11, 2015

Lawsuit could reveal secret Saudi connection to 9/11

The rabbit hole goes goes deeper.  Who within the US government was covering up the Saudi connection to 9/11?

Lois Lerner Emails Released – She Exclaimed: “Lincoln Should Have Let the South Go…”

Don’t Be Fooled by the Political Game: The Illusion of Freedom in America

Lawrence Lessig compares the number of fundraisers between Presidents Reagan and Obama
"If you ask how many times did Ronald Reagan attend a fundraiser when he ran for re-election in 1984, the answer is eight times. If you say how many times did Barack Obama attend a fundraiser in 2012, the answer is 228 times," Lessig told the Monitor.

He continued, "And you think, how does a man, as a person, run the nation when he's attending 228 fundraisers? And the answer is not very well. It's pretty terrible for your ability to do your job. It's pretty terrible for your ability to be responsive to the American people, because -- let me tell you -- the American people are not attending 228 fundraisers. Those people are different."

Gold Soars After Chinese Currency Devaluation

The global currency war just got real.

Sunday, August 9, 2015

U.S. is Destroying Europe

I'd go further than the author has.  The end game for US foreign policy isn't to destroy Russia into a vassal state.  It's to counter both Russia's and China's ploy to end USDollar hegemony.

China’s Secret Gold Hoarding Strategy

Finally, someone understands that bullion banks acting as agents of central banks are not the only entities suppressing the price of gold.  So are the Chinese--but for entirely different and often divergent reasons.

Western central planners want to maintain USDollar hegemony at all costs--even if it means going to war with anti-dollar dictators.

The Chinese want lower gold prices because they are still in accumulation mode.  The outcome will be disastrous for the dollar and purchasing power of Americans.

When a Train Wreck Is No Accident

Monday, August 3, 2015