Wednesday, June 6, 2012

Economic Collapse for Dummies

Jun 5, 2012 by

International Forecaster’s Bob Chapman Loses Fight with Cancer

To those who followed the excellent interviews of Bob Chapman with Alex Jones and Sean (of SGT) it is with sadness that I have just heard that Bob has passed away after a battle with pancreatic cancer.

Infowars have just published a report looking back at Bob's life:

Silver on the rise, $30 level to be crossed?

Silver has drifted higher all day in Sydney and Hong Kong trade with a spike on the close in Honkers. As it stands silver is up 3% since the close in New York. Will we see the price cross $30 during New York trade? Nothing a brain dead NY day trader likes more than some momentum (well maybe some loose fiat, but that's on back order).

Chart from

The Transit of Wealth


Capital Account - Nomi Prins on Banker's Gone Bad

Jun 5, 2012 by CapitalAccount

Keiser Report: Paper Money Collapse

Jun 5, 2012 by RussiaToday

In this episode, Max Keiser and co-host, Stacy Herbert, discuss all hell breaking loose as an electronics chain store stockpiles security shutters, capital flees Greece (and Spain) and Max proposes a love market. In the second half of the show Max talks to Detlev Schlichter, author of Paper Money Collapse, about the euro, the drachma, the dollar and gold.

2,000 year old treasure found in Israel

A trove of gold and silver coins and jewelry discovered near the Qiryat Gat in Israel was likely stashed there by a wealthy woman during the Bar Kokhba Revolt, the last Jewish-Roman war, archaeologists announced today June 5.

Scientists uncovered about 140 gold and silver coins, along with gold jewelry, during an excavation that exposed rooms of a building dating to the Roman and Byzantine period. The treasure trove was wrapped in cloth and hidden in a pit in the building's courtyard.

The jewelry could make even a modern gal smile; among the hoard is a flower-shaped earring and a ring holding a precious stone that is covered with a seal of a winged goddess. Two sticks of silver in the trove were likely kohl sticks, which were used type of like eyeliner in Arabia and Egypt to darken the edges of eyelids. The coins date to the reigns of emperors Nero, Nerva and Trajan, who ruled the Roman Empire from about A.D. 54 to 117; the emperors' images adorn one side of the coins.

And the other side of the coins shows cultic portrayals of the emperors, symbols of the brotherhood of warriors and mythological gods such as Jupiter seated on a throne or Jupiter grasping a lightning bolt in his hand.

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