Bill Fleckenstein on the Gold & Silver Markets

Bill Fleckenstein, President of Fleckenstein Capital, discusses the Gold and Silver markets with Eric King of King World News......listen here

Egon von Greyerz and James Turk discuss how gold can preserve your wealth

by GoldMoneyNews on May 28, 2011

Egon and James Turk discuss why gold is the best way to preserve wealth for the long term and how we are living through very interesting times for the gold market. Central banks are debasing all major currencies and this will lead to much higher gold prices.

Egyptian Banker Arrested in NYC Hotel Attack

Am I overly suspicious because I don't believe in coincidences? Does a coincidence get bigger than this story?

Russia’s Central bank unexpectedly lifts deposit interest rate

By Associated Press, Published: May 30

MOSCOW — Russia on Monday unexpectedly raised its deposit interest rate by 0.25 percentage points to 3.5 percent in a bid to curb inflation.

Russia’s Central Bank said in a statement that the new deposit rate would take effect Tuesday, while other rates including the benchmark refinancing rate would remain unchanged.

The bank said the decision was taken to address inflation fears “and risks for sustainable growth.”

The move was a surprise after Central Bank chief Sergei Ignatyev said last week it was “in no hurry” to raise rates.

Although inflation slowed somewhat in May, it is still at 9.7 percent, far above the government’s target of 7 percent.....read on

Keiser Report: Neo-Feudal Gulag Casino State

By RussiaToday on May 31, 2011

This week Max Keiser and co-host, Stacy Herbert, report on the oil traders puking on markets and the gold confiscators eyeing Greece, Portugal, Spain and Italy. In the second half of the show, Max talks to former chief forex trader for VISA, Jon Matonis of TheMonetaryFuture.blogspot.com, about Bitcoin, the new peer-to-peer crypto-currency.

Counting the Cost - Glencore: Taking over the world?

From: AlJazeeraEnglish | May 29, 2011

We look at the world's biggest listed commodities trader and its controversial start to public life.

John Whitehead - US is a police state

From: RTAmerica | May 28, 2011

"What stands between us and an authoritarian state is the Constitution," says Rutherford Institute President John Whitehead. Unfortunately Whitehead says the government is bypassing the Constitution, particularly the 4th Amendment, thanks to the Patriot Act. As activists are arrested and fear spreads across America, Whitehead says we are watching the US transform into a police state in front of our very eyes.

Great Chinese drought continuing

From: PressTVGlobalNews | May 30, 2011

In China for the past two weeks the big story has been drought in the Yangtze River region, now being called the country's worst in 50 years.

Police Threaten CNN Journalist Looking For "Secret Morgue"

CIA Warns Of A Greek Military Coup, Rebellion, If Austerity Intensifies

From Zero Hedge:

Turkish daily Hurriyet, which paraphrases German Bild, which in turn references a CIA report, warns that Greece could face a military coup if the "tough austerity measures and the dire situation" escalate any further. On the other hand, one can avoid this belabored hypertextual chain and simply look at what happens practically every day on Syntagma square where yet again we are witnessing record numbers of people protest against what everyone now realizes is a dead end regime (luckily, in a peaceful manner, for now).

More Captain Obviousness (thank you Grant Williams) from Hurriyet: "According to the CIA report, ongoing street protests in crisis-hit Greece could turn into escalated violence and a rebellion and the Greek government could lose control, said Bild. The newspaper said the CIA report talks of a possible military coup if the situation becomes more serious and uncontrolled." Luckily, following last year's Athens mob-inspired flash crash, and 2011's MENA revolutions, the market is rather desensitized to this sort of thing, and nothing short of fat-finger driven invasion of Greece by Turkey, in its humanitarian bid to reestablish the Ottoman Empire 2.0, could dent the /ES or EURUSD by more than 0.01%.......read on