Friday, July 1, 2011

BTFD - London & NY market mafia put Gold & Silver on sale

image from

image from

Weekend Chillout

This weekend's chillout is inspired by the Obama administration's (with the help of the IEA) blatant manipulation of world oil prices. Like Soviet price fixing Obama wants to have the best of both worlds ~ to have oil and burn it too. No doubt he is assuming the US voters will have short memories of this scam for his mates on Wall St when the oil price heads back over $100 a barrel in the coming months.

With this is mind who else but Midnight Oil could bring justice to this issue.

Midnight Oil ~ Best of Both Worlds

Midnight Oil ~ Short Memory

Greek democracy alive in the streets but dead in the parliament

Gerald Celente - Greece and the global Ponzi scheme

How To Hear And See No Evil

Do you have what it takes to resist the long legged Mac Daddy?

The War You Don't See - trailer

The latest doco from veteran journalist John Pilger.

Bio from Wikipedia:

John Richard Pilger (born 9 October 1939[1]) is an Australian journalist and documentary maker, based in London. He has twice won Britain's Journalist of the Year Award, and his documentaries have received academy awards in Britain and the US.[2][3]

Since his early years as a war correspondent in Vietnam, Pilger has been a fierce critic of the foreign policy of the West. He is particularly opposed to many aspects of United States foreign policy, which he regards as being driven by a largely imperialist agenda.

On Tuesday 14 December, ITV1 broadcast 'The War You Don't See' at 10.35pm and on Sunday 10 April 2011, the Australian broadcaster SBS aired the film nationally. The DVD is now available to buy in the UK and in Australia.

On 7 June 2011, the Lannan Foundation in the United States banned the film and cancelled a US visit by John Pilger without explanation but the film is available to watch online (worldwide excluding Australia) for $4.99

'The War You Don't See' was nominated for the 'Documentary Award' at the 2011 One World Media Awards.

The film is a powerful and timely investigation into the media's role in war, tracing the history of 'embedded' and independent reporting from the carnage of World War One to the destruction of Hiroshima, and from the invasion of Vietnam to the current war in Afghanistan and disaster in Iraq. As weapons and propaganda become even more sophisticated, the nature of war is developing into an 'electronic battlefield' in which journalists play a key role, and civilians are the victims. But who is the real enemy?

John Pilger says in the film: "We journalists... have to be brave enough to defy those who seek our collusion in selling their latest bloody adventure in someone else's country... That means always challenging the official story, however patriotic that story may appear, however seductive and insidious it is. For propaganda relies on us in the media to aim its deceptions not at a far away country but at you at home... In this age of endless imperial war, the lives of countless men, women and children depend on the truth or their blood is on us... Those whose job it is to keep the record straight ought to be the voice of people, not power."

Keiser Report: The Counterattack!

by on Jun 30, 2011

This time Max Keiser and co-host, Stacy Herbert, report on oil dumps and contango and on organizing counterattacks with silver. In the second half of the show, Max talks to Jeff Berwick of about manipulation of oil and silver markets and new currencies and dead ones.

Caveat Venditor!

By Eric Sprott and Andrew Morris:

The recent bear raid on silver has left many concerned about the sustainability of its historic run. Silver, being a relatively obscure market for most mainstream commentators, attracted much attention in the ensuing days following the May 1 takedown. Indeed, though the 30% drop in silver occurred over only four days, seemingly all eyes were on silver, with commentators who could’ve cared less about the silver market only a couple of months ago, suddenly tripping all over one another to make the bubble call. Silver bubble 2.0? Hardly. Anyone who has been fortunate to have been invested in silver over the past few years would unfortunately be used to such blatant takedowns. The Chinese don’t call it the "Devil’s Metal" for no good reason. With so much talk these days about the risks of investing in silver, we think that perhaps it may be timely for us to weigh in on the matter. The silver market is riskier than ever, but for reasons the vast majority of pedestrian commentators have failed to grasp.

There is no doubt that speculative dollars have been flowing into the silver market. We note that in April record trading volumes were registered in the SLV, Comex futures2, LBMA transfers, and the Shanghai Gold Exchange futures. In fact, converting the average daily trading volume in the aforementioned silver instruments to the amount of ounces of silver they are supposed to represent, there were on average, over 1.1 billion ounces worth of silver traded every day in the month of April5. Truly a staggering number when contrasted against the actual amount of silver available for investment. To wit, the world will only supply about 979 million ounces this year from mine and recycling of scrap, of which it is estimated that 657 million ounces will be used up for non-investment purposes. So in effect, that leaves roughly only 322 million ounces available this year for investment purposes. Converting to days (recall that at least 1.1 billion ounces traded each day) it leaves only about 1.3 million ounces per trading day of available supply. So, we are essentially trading the amount of physical silver actually available for investment, 891 times over each day! It really begs the question; just what are people trading in these markets? in full