Friday, December 2, 2011

Gerald Celente on Central Bank back door deals

Gerald Celente breaks down the con job of Central Banks US$ swap lines and other devious acts with Eric King of King World News.......listen here

Gold, Europe and the possibility of a euro break up

Investment consultant, Rick Schmull discusses the likelihood of a Eurozone break up and what that might mean for commodities, with Geoff Candy of Mineweb........listen here

The Silver Market Psychology & Inflation

By on Nov 29, 2011

A look at the silver market, focusing on supply and demand, psychology, and inflation.

Quote of the week

"I am convinced that there are more threats to American liberty within the 10 mile radius of my office on Capitol Hill than there are on the rest of the globe." - Ron Paul

Judge Napolitano "What if..."

Brilliant rant by one of the US's greatest freedom fighters

Martin Armstrong on Central Bank Interventions

click on image to go thru to the report

The Gold & Silver Con, Hyperinflation & The Euro Collapse

From: SGTbull07  | Nov 30, 2011

Ghana Gold

From: AlJazeeraEnglish  | Dec 1, 2011

China battles economic slowdown

From: AlJazeeraEnglish  | Dec 1, 2011 
New figures show that China's manufacturing sector shrank in November for the first time since February 2009.

Vice-Finance Minister Zhu Guangyao has said the world's economic troubles today are more serious than the Lehman Brothers crash of 2008.


US may drop sanctions if Myanmar reforms

From: AlJazeeraEnglish  | Dec 1, 2011

Sarkozy outlines plans for new French economy

From: Euronews  | Dec 1, 2011

EU can kicking

By David Milliken and Marc Jones

LONDON/FRANKFURT — Britain masterminded this week’s central bank effort to avert a liquidity crunch, its central bank chief said on Thursday, laying claim to the genesis of a plan that began to take shape around 10 days ago and was ready by the weekend.

Bank of England governor Mervyn King said he instigated the move by the central banks of the United States, euro zone, Japan, Canada, Britain and Switzerland to provide cheaper dollar funding for starved European banks, which provided a longed-for fillip to market sentiment.

“It was the result of conversations which I initiated as chairman of what used to be known as the G10 governors, now the economic consultative committee, among a limited number of central banks,” he told a news conference in London.

“But let me stress, this cannot be a solution to the underlying crisis, all this can do, is to help temporarily relieve liquidity problems. But liquidity problems, often, reflect underlying solvency problems and in this case they do.” on

Just a day before the next Lehman-style collapse?


The last time the Fed organized a global financial market reflation using dollar swaps on the scale it did this week was on September 20th 2008 just two days before the final collapse of Lehman Brothers when its Chapter 11 bankruptcy fell apart.

There is therefore a sense of deja-vu all over again about the Fed’s coordinated bailout of the eurozone on Wednesday. We just wonder who will go under on Friday?

Big fish

Market speculation yesterday was that the action came because a French bank was about to become insolvent. Yet we did not get this sort of move before Dexia or MF Global collapsed recently so the guessing must be that this is something bigger. Is this Greece about to finally default? on

Keiser Report: Überdebten

By on Dec 1, 2011

This week Max Keiser and co-host, Stacy Herbert, discuss Überdebten, financial eugenics and secret Fed loans. In the second half of the show, Max talks to Karl Denninger about MF Global, pepper spraying banksters and Occupy Wall Street.