Friday, September 2, 2011

Weekend Chillout

This weekend's chillout is influenced by the modern day An Gorta Mor hunger afflicting Eire, as Irish families go hungry to pay debts to the Zombie Banks, along with the debt wakes for those fleeing Eire forever to escape the debts they can never repay.

It makes me wonder what Michael Collins and my ancestors fought for, only to have the sons and daughters of their once independent nation fall back into slavery of British controlled banks. No wonder the Real IRA have promised to target banksters in any future military actions.

Nouriel Roubini sees 60% chance of recession

By on Aug 31, 2011

Bloomberg TV's Margaret Brennan speaks to Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC. Roubini tells Brennan, "we're going into a recession based on my numbers" and that the Federal Reserve and other authorities no longer have the ability to provide emergency support.

GLD Peek-a-Boo

From Zero Hedge:

Earlier today, we were delighted to see that after years of ridicule and provocations, the SPDR GLD ETF finally cracked and decided to do a wholesale PR campaign to comfort the investing public it actually does own its gold, by inviting none other than Bob Pisani in its secret warehouse which allegedly contains 40 million ounces of gold, of which HSBC is custodian and the Bank of England (the same Bank of England which will soon be about 99 tons lighter in gold content once it satisfies Hugo Chavez' physical delivery request) and London Bullion Market Association (“LBMA”) are subcustodians.

While the 4 minute PR campaign is enjoyable and we invite readers to watch it, what is amusing is that it is sure to set off another set of conspiracy theories. Here's the reason: amusingly the very gold bar that Pisani demonstrates so eagerly for the camera, Rand Refineries ZJ6752, is somehow, at last check, missing from the full barlist as posted daily by the GLD.Whose is it? Where did it go? When was this clip shot? Inquiring minds want to know...

Best comment from the Zero Hedge article:

Keiser Report: Cheap Slaves of Deflation

By on Sep 1, 2011

This time Max Keiser and co-host, Stacy Herbert, discuss intergenerational debt for IMF poster children; radical plans for EU banks; and an artist's incendiary painting as bank statement. In the second half of the show Max talks to Isa Blumi about the role of micro-finance and oil traders in unrest in Yemen.