Friday, September 14, 2012

Gold prices, cash costs and the deteriorating labour conditions in SA

Views on the DGG Gold Forum 2012 and an outlook on the deteriorating labour situation on South Africa's mines. Listen here

Clarke and Dawe - Understanding the GFC

Sep 13, 2012 by

"Ivor Badfeeling, a self-funded retiree" Originally aired on ABC TV's 7.30: 13/09/2012

Market Pulse: Ben's helicopter to lift gold to $2,000/oz

Sep 14, 2012 by
 
Gold is headed for $2,000/oz, maybe before the end of the year, says BofA Merrill Lynch's Michael Widmer. And a record high in euro terms is imminent too.

Operation Screw: The Fed goes all-in on QE

Sep 14, 2012 by

Weekend Chillout - Slidin' Away

With the US economy slip sliding into a bottomless pit and Benanke now pouring endless flaming petrol into that pit I thought it only appropriate to mark the occasion.

Paul Simon 28 June 2007, live on the Charlie Rose Show

Slip slidin' away
Slip slidin' away
You know the nearer your destination
The more you're slip slidin' away

God only knows

God makes his plan
The information's unavailable
To the mortal man
We work our jobs
Collect our pay
Believe we're gliding down the highway
When in fact we're slip slidin' away 

The Phantom Lord of WW3 is Spreading Its Wings

Sep 13, 2012 by

This Is It With Silver

Sep 13, 2012 by

Empire - US Democracy: The Power of Money

Sep 14, 2012 by
 
Marwan Bishara investigates the power of money and the true cost to democracy of campaign funding in the US elections.

Marc Faber on Hedging the Bernanke Put and QE3 with Gold, Land and Equities

Sep 13, 2012 by CapitalAccount

Fed Move Sends Stocks Soaring

Sep 13, 2012 by AssociatedPress

The stock market staged a huge rally after investors got the aggressive economic help they wanted from the Federal Reserve. The Dow Jones industrial average finished up more than 200 points.

Lauren Lyster on the announcement of QE to Infinity

Sep 13, 2012 by RTAmerica

The Federal Reserve today announced it's plan to help stimulate the economy. The plan is to buy 40 million dollars of mortgage bonds each until further notice in the hopes that it will bolster the economy and generate jobs. RT's Lauren Lyster brings us her take on whether or not she thinks this method will work.

Breaking The Set on NDAA, Syrian Intervention, Fed Stimulus, BP Criminality

Sep 13, 2012 by breakingtheset

More details on the Fed easing

Sep 13, 2012 by AlJazeeraEnglish

The economy remains one of the leading issues in the 2012 campaigns for the US presidency.

With the collapse of the US financial sector in 2008, and the staggering unemployment levels, President Obama's tenure in the Oval Office has been defined by the economy and the worst recession in a lifetime.

In a bid to turn the economy around, the US central bank has announced it is pumping billions of dollars into the economy, a third round of "Quantitative Easing".

Jeffrey Christian Strikes Out 9 Times in 2 Minutes

Sep 13, 2012 by TruthNeverTold

101 East - Mining the Last Frontier

Sep 13, 2012 by AlJazeeraEnglish

Lucrative mining projects backed by foreign investors are destroying forests and threatening indigenous tribes who live off the land in the Philippines' Palawan. 101 East explores if a balance could be struck between development and local interests.

Ron Paul: We're Creating New Money Out of Thin Air

Sept. 13 (Bloomberg) -- Texas Representative Ron Paul discusses his reaction to Federal stimuli. He speaks with Trish Regan on Bloomberg Television's "Street Smart."

Jeff struggles yet again

Jeff Christian again has proved his invaluable worth as a contraian indicator with his predictions earlier  this week of no new QE and crashing Gold & Silver prices. Jeff well you can go kiss my ass - oh look he has already puckered up. Link to Jeff's earlier interview

Gold and Silver rise on back of Fed printing



Ben hits Ctrl-P

As widely expected Ben Benanke and his paper junkies at The Federal Reserve have embarked on another QE scheme to keep the US banking sector from sinking and taking the remnants of the US economy with it. One could also argue it has been done now so as to help Wall St's favorite Kenyan get re-elected.

The latest scheme is to buy more Mortgage Backed Securities (MBS) to increase their price (improves bank balance sheets) and lower their yield (lowers mortgage interest costs to help borrowers) by the tune of $40bn per month for as long as needed. The Fed also signaled that ZIRP (near zero short term interest rates for their mates) would likely continue into 2015, just in case anyone had any doubt it would.

Sep 13, 2012 by



Now  to translate that into English......

Sep 13, 2012 by

Keiser Report: Banksters Bilking Billions

Sep 13, 2012 by

In this episode, Max Keiser and Stacy Herbert discuss David Cameron appointing former bankers to Treasury. We look at another former banker who became a Treasury Secretary only to become a bankster - Robert Rubin - and his role in Citigroup bilking Abu Dhabi of billions. In the second half of the show, Max Keiser talks to Reggie Middleton about Facebook, fraud and financialization.