Venezuela's Gold - Mission Complete

Lets get physical, physical

 From Bloomberg.com

Venezuela today received the last shipment of gold bars in an operation that repatriated 160 tons of the South American country’s reserves of the metal held abroad, said Nelson Merentes, president of the country’s central bank.

Fourteen tons of gold arrived at the Caracas airport today on a flight from Europe, Merentes said. The gold bars were transported in a caravan, broadcast on state television, to vaults at the central bank where street banners proclaimed “Mission Complete.”

“In two months, we’ve brought 160 tons of gold valued at around $9 billion back to Venezuela,” Merentes said on state television from the Caracas airport. “Today marks the last day of the mission.”

Read more

Your Wages Will Be Cut In Half!

This video is a bit "out there" but it does bring up some interesting points even though it does er on the side of doomsday.

by Snordelhans on Jan 20, 2012

Extraordinary video by NOSYS: http://www.nosys-productions.com/

'Assad, you'll die like Gaddafi': Rebels want off with Syria head

More AlCiada bunga fest......

RussiaToday on Jan 31, 2012

Keiser Report: Starving the Economy

RussiaToday on Jan 31, 2012

In this episode, Max Keiser and co-host, Stacy Herbert, discuss banking zombies and clowns and their magical thinking on zero rates while starving the economy of interest income. In the second half of the show, Max talks to Ned Naylor-Leyland about the silver, gold, backwardation, manipulation and more.

SGT and Ranting Andy on Gold and Silver

SGTbull07 on Jan 29, 2012

Hang Them High

MaxKeiserTV on Jan 30, 2012

Why Are the Chinese Buying Record Quantities of Gold?

From Forbes.com

This month, the Hong Kong Census and Statistics Department reported that China imported 102,779 kilograms of gold from Hong Kong in November, an increase from October’s 86,299 kilograms. Beijing does not release gold trade figures, so for this and other reasons the Hong Kong numbers are considered the best indication of China’s gold imports.

Analysts believe China bought as much as 490 tons of gold in 2011, double the estimated 245 tons in 2010. “The thing that’s caught people’s minds is the massive increase in Chinese buying,” remarked Ross Norman of Sharps Pixley, a London gold brokerage, this month.

So who in China is buying all this gold?

The People’s Bank of China, the central bank, has been hinting that it is purchasing. “No asset is safe now,” said the PBOC’s Zhang Jianhua at the end of last month. “The only choice to hedge risks is to hold hard currency—gold.” He also said it was smart strategy to buy on market dips. Analysts naturally jumped on his comment as proof that China, the world’s fifth-largest holder of the metal, is in the market for more.

Read more

Michael Hudson - In America and Europe, Crime has been Decriminalized

CapitalAccount  | Jan 30, 2012

CrossTalk on Iran: Sanctioning peace

RussiaToday on Jan 30, 2012

Gerald Celente on ZIRP and Gold

A powerful, wide ranging interview on the Fed's interest rate policy and the resultant effect on Gold and Silver with Eric King of King World News.......listen here