Monday, June 30, 2014

Unfortunate Comment of the Week

ABC morning radio, Sydney

NRL footballer Todd Carney has had a lewd of photo of himself "splashed" across social media

 Story link

Boom Bust - Jim Rickards talks Financial Warfare

From Boom Bust

Russell Brand talks revolution with Max & Stacy

From RT

Published on Jun 28, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert are joined in the first half by Russell Brand to talk about the austerity headlines. They chat about the UK government's expanding debt and growing deficit, despite the alleged austerity and GDP expanding thanks to heroin addiction and prostitution. Russell learns about the water cannons bought for use against anti-austerity protests which the government itself will stoke. Finally, they talk about the people revolting as they must do when the social contract has been broken: and crypto currencies are one of the most visible revolts. In the second half, Max interviews Russell Brand further about his independent media outlet - The Trews; they discuss revolution and spiritual journeys.

Claudio Grass - All the Governments Are Trying to Get Away From Cash

From The Daily

Saturday, June 28, 2014

5 Censored Books Tell a History the Establishment Wants Hidden

From breakingtheset

Weekend Chillout - Of Sweet Dreams and Zombies

They are in the forest with strap-on harps and wearing FMBs, and yes Basil they are twins, twins!!

Friday, June 27, 2014

Keiser Report - More Tickie than Shirtie

From RT

Published on Jun 26, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss American corporations fleeing the USA for lower tax, higher wage areas abroad - like Ireland and the UK. They discuss the one single ton of aluminum that could be the collateral for tens of millions of pounds worth of properties and passports in the UK. When the banks go to collect on the collateral, all they will find is a pair of crickets in the corner. In the second half, Max interviews Ronnie Moas of about blacklisting and boycotting 'bad' companies.

Thursday, June 26, 2014

Gold is money, just ask a Turk


While Ben Bernanke once said that "gold is not money", it appears China, Dubai, and most especially Turkey and Iran would disagree. On the heels of the "Petrogold" wars we discussed previously, a leaked report of a secret plot to 'juice' Turkey's trade balance exposes gold at the heart of "one of the most complex illicit finance schemes [prosecutors] have seen."  read more

Doug Casey: Greatest Theft in World History Occurring Right Now

From WallStForMainSt

Published on Jun 20, 2014

Wall St for Main St interviewed entrepreneur and founder of Casey Research, Doug Casey. In this podcast, we discussed the IMF, World Bank and Federal Reserve and the harm they have done to the global economy. Doug thinks foreign aids does not stimulate the economy or even improve it because the bureaucrats and politicians usually pocket the aids to their swiss account. Also, we talked about Africa and why it is a great place for young entrepreneurs to strive. Finally, we touched the gold and silver market and the mining stocks.

Tuesday, June 24, 2014

For lovers of the ocean shore

From The Inertia

Boom Bust - Doug Casey talks about Meltdown America

From Boom Bust

John Perkins - Oil Companies Will Use Middle East Crisis to Jack Up Prices

From Greg Hunter

Germany Reneges on Promise to Return Gold from NY Fed

Overnight news has broken that the German government has reneged on it its twice promised and twice alerted plan to move 300 tons of gold from its holdings in the New York Federal reserve to the Bundesbank vault in Frankfurt.

For background on this story see my earlier posts here and here


Article link

By Birgit Jennen - Jun 23, 2014

Germany has decided its gold is safe in American hands.

Surging mistrust of the euro during Europe’s debt crisis fed a campaign to bring Germany’s entire $141 billion gold reserve home from New York and London. Now, after politics shifted in Chancellor Angela Merkel’s coalition, the government has concluded that stashing half its bullion abroad is prudent after all.

“The Americans are taking good care of our gold,” Norbert Barthle, the budget spokesman for Merkel’s Christian Democratic bloc in parliament, said in an interview. “Objectively, there’s absolutely no reason for mistrust.”

Ending talk of repatriating the world’s second-biggest gold reserves removes a potential irritant in U.S.-German relations. It’s also a rebuff to critics including the anti-euro Alternative for Germany party, which says all the gold should return to Frankfurt so it can’t be impounded to blackmail Germany into keeping the currency union together.

The Bundesbank, Germany’s central bank, sent a delegation to the New York Fed’s vault in 2012 for spot checks on the hoard. As the gold’s guardian, the Frankfurt-based Bundesbank is obliged to ensure its safety. It says it’s sensible to store part of the reserves outside the country so they can be swapped more easily for foreign currency in an emergency.

Germany’s election in September hastened the shift when the Free Democratic Party, which flirted with bringing the gold home, dropped out of Merkel’s coalition and was replaced by the Social Democrats. Other supporters included Philipp Missfelder, a member of Merkel’s Christian Democratic Union who quit as her government’s envoy for relations with the U.S. in April. Juergen Hardt, his successor, signaled a change of position.

Read more

So it seems that this display of gold bars by the Bundesbank was just a three bar monty.

At least the guys the loading dock of the NY Fed seem happy, the red light is on and they are giving Germany a good Rock On.

Friday, June 20, 2014

Weekend Chillout - Lighting a Fire

Late this week the Gold and Silver prices caught a fire, but we wait in anticipation of a washout going into Friday's NY COMEX close, will we hold $1300 and $20?

George Galloway: ISIS Western American Allies and Enemies

From WeAreChange

Iraq Civil War Coming and Ukraine Fighting Gets Worse

From Greg Hunter

Iraq's Break Up is the Real "Mission Accomplished"

From corbettreport

Boom Bust with Jim Rickards on Financial Warfare

From Boom Bust

Fixing the Gold Fix


Tensions in Iraq and Ukraine may have seen gold rally of late, but the yellow metal is still well-down on the highs of 2011. Gold's reputation has also been tarnished by accusations that the global benchmark pricing system known as the 'fix' is open to manipulation. But now the World Gold Council is stepping in to bring some credibility back to the precious metal.

click on image to access video

Gold Blows Through $1300 Silver $20

The gold and silver markets have continued on their tear overnight with gold now up 3.2% and silver up over 5% during NY COMEX trading.

Gold Spikes on 500 Million Dollar Purchase

Looks like a big player has decided to pull the trigger and dropped half a billion US$ on the gold market, causing a 1.5% spike in gold and 2% spike in the more volatile silver.

Monday, June 16, 2014

Saturday, June 14, 2014

Weekend Chillout - What was the place, what was the name?

In spite of all the money spent and the lives lost it seems Iraq has yet again fallen into chaos this week with the ISSI sweeping over large areas of the country.

No doubt we will soon see the war planes coming back to the stage and the Fed creating the money to fund their presence.

I...Who took the money?
Who took the money away?
I...It's always showtime
Here at the edge of the stage
I, I, I, wake up and wonder
What was the place, what was the name?

Down, down in the basement
We hear the sound of machines
I, I, I'm driving in circles
Come to my senses sometimes
Why, why, why, why start it over?
Nothing was lost, everything's free
I don't care how impossible it seems.

Keiser Report: Derp-like policy of ZIRP and NIRP

From RT

Truth About Markets

On Max and Stacy's radio show this week they discuss rentiers, savings, being hedged, Vodafone’s backdoor and the supply of tickets outnumbering assets. Listen here

Tim Brown - The Free Market Knows Best

From The Daily

Friday, June 13, 2014

Thursday, June 12, 2014

Tweet of the Week

Obama Becoming A Gun Grabbing Tyrant

From TheAlexJonesChannel

Mike Maloney - End Of USA Dominance - Nails In The Dollar Standard's Coffin

From whygoldandsilver

Clarke and Dawe - Unsettling news for Australian film investors

Pure genius.

From ClarkeAndDawe

Keiser Report: 'Rubby Dubby' Market Rigging

From RT

This Week in Money on Dollar Collapse, Gold Manipulation and Central Bank Communism

From TheDollarVigilante

Published on Jun 4, 2014

Jeff Berwick is interviewed on This Week in Money by Jim Goddard, topics include: the end of the monetary system as we know it, the end of the silver price fix, gold price manipulation law suits, gold repatriation, money printing and the markets, how governments manipulate economic statistics, US dollar hegemony ending, taxation is theft, central banks are communist and destroy economies, having more but smaller governments far preferable to one big one.

Boom Bust on Doug Casey on Data Collection

From Boom Bust

How The Disinformation War Was Won

From TruthNeverTold

Tuesday, June 10, 2014

Breaking The Set - Two Top NSA Veterans Expose Shocking History of Illegal Spying

From breakingtheset

On this episode of Breaking the Set, Abby Martin features an exclusive wide-ranging interview with Top NSA whistleblowers Bill Binney, NSA Technical Director (1965 - 2001) & Kirk Wiebe, Senior NSA Analyst (1975 -- 2001). The panel discusses the history behind the NSA's illegal spying both domestically and abroad, as well as their experience as witnesses to the agency's transformation into an unconstitutional surveillance apparatus following the events of 9/11 and the FBI's determination to crack down on their dissent.

Sunday, June 8, 2014

Eric Sprott Asks: Did I Lose $10 Million From the Barclays Gold Take Down?

From SilverDoctors

Syria Overspill

Surely only Russians would have the cojones to go into this place at this time.

From RT Documentary


Keiser Report: Bonds Burn & Prices Double

From RT

Published on Jun 7, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss, "Bubble bubble toil and trouble. Bonds burn and prices double. And eye of newt, and toe of frog, wool of bat, and tongue of dog, cost more than you can afford" as savings gets harder with negative rates and China scrambles to find a whole lot of rehypothecated metals.

In the second half, Max interviews Alasdair Macleod of about Chinese gold, the Shanghai Cooperation Organisation and missing gold.

Saturday, June 7, 2014

Jim Willie Bombshell China & Russia Have Accumulated Over 40,000 Tons of Gold Reserves

From SilverDoctors

Ron Paul: Nothing Orderly About the Currency Collapse That's Coming - It Will Be a Panic!

From SilverDoctors

Boom Bust - Thomas Palley on ECB policy + Keynes & Ladar Levison talks Govt Surveillance

From Boom Bust

Weekend Chillout - Sweat of the Sun

This week saw the report of looting loaning half of Ecuador’s official gold reserves to Goldman Sachs in return for less than 1%pa. It seems yet again the Incas have been looted of their Sweat of the Sun by Western imperial forces.

And the Moon weeps for its Sun


Thursday, June 5, 2014

Mike Maloney - New Global Monetary System Coming

Yes Vanessa Collette is back! Oh and she talks to Mike Maloney about coming changes in the global monetary system and how gold plays a critical roll in wealth protection.

From Cambridge House

Marc Faber - Why I Would Be the Greatest Hawk in World

June 4 (Bloomberg) -- “Gloom, Boom and Doom Report” Editor and Publisher Marc Faber discusses French government bonds and monetary policy on Bloomberg Television's “Bloomberg Surveillance.”

Wednesday, June 4, 2014

Boom Bust - Jim Rogers on China's Future

From Boom Bust

Australia’s economy on fire in first quarter

Tweets from the GS Elevator

Jeff Nielson - Skynet, CIA Heroin & Death of Money


Published on Jun 3, 2014

This is part 2 of a recent interview with Jeff Nielson of Bullion Bulls Canada. Part 1 can be viewed here

Prof. A. Fekete - Gold is The Ultimate Extinguisher of Debt


Published on May 19, 2014

Learn about the economic and societal connections that the inventors of the current monetary system don't want you to know about.

The series of all 17 videos can be found at

Prof. A. Fekete - Gold and Peace


Published on May 19, 2014

Learn about the economic and societal connections that the inventors of the current monetary system don't want you to know about.

The series of all 17 videos can be found at

Catherine Austin Fitts - China is the Big Concern

From Greg Hunter

Keiser Report: Bond Bubble Burst

From RT

Published on Jun 3, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss investors picking up nickels in front of steamrollers as both stocks and bonds soar.

In the second half, Max interviews Ian Fraser, author of Shredded: Inside RBS, The Bank That Broke Britain. They discuss how the bank rigged Libor (and could go bust because of the fines and the ongoing criminal investigations), mispricing assets (with a little help from compliant regulators and complicit auditors) and kneecapping companies out of spite (just because).

Tuesday, June 3, 2014

What are we going to do with all the workers?

Just like dilemma the ancient Greeks faced who first invented steam power, then suppressed the technology because it would have crashed the value of their slaves, what are countries like China and Vietnam going to do with the hundreds of millions of workers who will no longer be needed to make things, when things can be printed or even make themselves?

From Bloomberg News

Russia clashes with West over Ukraine in the UN

From RT America

David Morgan - Central Bank Manipulation Of The Precious Metals

 From silver

Ecuador to Lease Half its Gold Reserves to Goldman Sachs

Bloomberg is reporting that the central bank of Ecuador has entered into a lease arrangement with Goldman Sachs to lend the bank half of its gold reserves (14.5 ton) for a 3 year term. Whilst the article does not mention the interest rate that was agreed upon looking at the kitco gold lease rate chart below it would be well south of 1%.


Article link

Ecuador agreed to transfer more than half its gold reserves to Goldman Sachs Group Inc. for three years to give the government easier access to cash.

The central bank said it will send 466,000 ounces of gold to Goldman Sachs, worth about $580 million at current prices, and get the same amount back three years from now. In return, Ecuador will get “instruments of high security and liquidity” and expects to earn a profit of $16 million to $20 million over the term of the accord. The central bank didn’t detail additional terms of the transactions, such as any fees or financing costs paid to Goldman Sachs.

The deal comes as the South American country’s government, which defaulted on about $3.2 billion of bonds five years ago, seeks to cover a budget deficit forecast by the Finance Ministry to swell to a record $4.94 billion this more