Wednesday, March 13, 2013

The 99% Left to Freeze to Death in the UK

Once again I give silent thanks to my long dead ancestors for deciding to leave that miserable little island and move to Australia.

From TheRealNews

Jeff Christian opens his gob to change feet

Yes the media's favourite gold and silver schill is back. Jeff discusses the current gold market and his view of a declining gold price over the next few years, no doubt he will be shown to be wrong again.

Jeff also seems pleased to see private gold flowing into the banking industry in Turkey. Maybe it is just me but I buy gold to get away from thieving bankers and the last entity I would "deposit" my gold with would be with a bank. Isn't this how fractional reserve banking started in the first place? People depositing gold in a bank for a paper receipt, and then the bank writing more receipts than they had gold in the vault. Anyway the video is worth a watch if only to see Daniela Cambone look down on Jeff and ponder why, despite his new suit, his mum dresses him funny.

Gold Caps Longest Rally in Six Months

Australia Home-Loan Approvals and Consumer Confidence

March 13 (Bloomberg) -- Bloomberg's Paul Allen reports on the Australian home-loan approval and consumer confidence data released today. He speaks with Rishaad Salamat on Bloomberg Television's "On The Move Asia."

Silver and the Brain Dead Media

Classic mainstream brain dead media pap. Wow!! collectible coins are up 248% over 10 years, lets show you graphics of silver bullion coins (which of course are actually up 519% over 10 years). How can silver be in a bubble if the media can't even identify it, let alone know the price.

Costs of Progress

Whilst we can legitimately complain about the loss of manufacturing jobs in the West, aren't you glad that all the consumer shitte is made "there" and not "here"?

UK Workers Suffer Sharpest Wage Fall of any Developed Country

At least some in Australia are happy about this chart. If nothing else it will give something else for the Poms to whinge about ~ Tears  


Original source

British workers have seen their wages plummet faster than any other workforce in a developed economy, a new study reveals today.

Real wages dropped by 4.5 per cent between 2007 and 2011, leaving workers with smaller incomes at a time of rising costs for basic necessities such as food, fuel, gas and electricity - not to mention housing costs.

Read more:

What if Stores operated like the Government

Steve Keen - Private Debt Is a “Rock of Damocles” Hanging Over the Economy

Australian economist Steve Keen discusses the debt crisis with the Daily Ticker's (previously Capital Account) Lauren Lyster. Click on the image below to access the video.

UK Households Get Squeezed


Original source

By Leith van Onselen

Tullet Preborn recently released its new essentials index, which attempts to measure the real cost of living in the UK. The report paints a grim picture for UK households, which appear to be getting squeezed by falling real incomes and rising living costs.

Below are the key charts and analysis from the report, which is provided in full below.

First, real (inflation-adjusted) incomes have been declining since the onset of the Global Financial Crisis (GFC) in 2008:

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Of course those Britain's who had secured their wealth in gold over this period have been protected.

Chart from

Marc Faber and Jack Crooks interviewed

A brilliant interview with Dr. Marc Faber and Jack Crooks. Marc discusses US stock markets, emerging markets and gold.  Jack discusses the stock market, The Fed and currencies.

Note this interview was published on 23 Feb 2013:

From MoneyandWealth