Jim Rickards interviewed on CNBC

Jim Rickards interviewed on CNBC about dollar devaluation, the G20's evasion of the sovereign debt crisis, and the need to use gold as the measure of currencies.........watch here

James Turk - Gold to $8,000

By Michael Mross, mmnews.de:

Gold is in a 2nd stage of a bull market. We will see a more rapid price appreciation than in the past years. Price target until 2015: 8000 Dollar. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinflation 100%. Gold prohibition possible.

For James Turk its quite clear, that the price of gold is manipulated. “By doing so it makes the Dollar look better because gold is the only natural competitor towards the Dollar. If you keep the gold price low it makes the Dollar look better then it really is”.

According to Turk, the capping of gold won’t last for ever.......read on

The Silly Silver Manipulators

Jeff Nielson
November 11, 2010

It is now clear that the precious metals market was "set up" this week by the bankers for a major take-down (a "take-down" which is already starting to fizzle-out).

It began with the piece by World Bank president Robert Zoellick "suggesting" a return to some sort of gold standard. Having a banker come out with that remark was designed to whip the bulls into a manic frenzy - and it worked. Not only bullion prices, but the share prices of mining stocks began to shoot up in the rapid, erratic manner indicative of manic buying......read on

Comex Silver Volumes Hit a New High

The Keiser Report - Gold is the World's Currency

Michael Pento on Banana Republics

Michael Pento is interviewed by Eric King of King World News........listen here

Quantitative Easing Explained

A Cross of Gold

A CROSS OF GOLD

[An abridged version of this paper was presented at the Committee
on Monetary Research and Education’s meeting of 21 October 2010.]

The present domestic and international monetary and banking systems have slipped into the initial stages of terminal dissolution. In their present forms, they cannot long survive.

Download the PDF here

Phantom Jobs

The Intel Hub
Paul Craig Roberts:

If we cannot trust what the government tells us about weapons of mass destruction, terrorist events, and the reasons for its wars and bailouts, can we trust the government’s statement last Friday that the US economy gained 151,000 payroll jobs during October?

Apparently not. After examining the government’s report, statistician John Williams (shadowstats.com) reported that the jobs were “phantom jobs” created by “concurrent seasonal factor adjustments.” In other words, the 151,000 jobs cannot be found in the unadjusted underlying data. The jobs were the product of seasonal adjustments concocted by the BLS.

As usual, the financial press did no investigation and simply reported the number handed to the media by the government.

The relevant information, the information that you need to know, is that the level of payroll employment today is below the level of 10 years ago. A smaller number of Americans are employed right now than were employed a decade ago.

Think about what that means. We have had a decade of work force growth from youngsters reaching working age and from immigration, legal and illegal, but there are fewer jobs available to accommodate a decade of work force entrants than before the decade began.....read on

Robert Zoellick, QE2 and gold

Mineweb's Geoff Candy interviews Adrian Day.....listen here