Tuesday, January 4, 2011

Mike Maloney Vlog from Paris : Dont Blame Capitalism


http://www.wealthcycles.com At France's Charles De Gaulle Airport, preparing to depart for the next leg of his international tour, a magazine headline catches Michael Maloney's attention: "Ravages of Neo-Capitalism." The headline reflects the popular mindset—that it is capitalism and free markets that are to blame for all the recent global economic chaos, wealth inequities, trade imbalances and more. But, as Mike points out, you can't logically blame free-market capitalism when free markets and capitalism are not being allowed to function freely.

Bankrupt IMF completes gold sale (30Dec10)

The bankrupt IMF (better known as "International Money Fund") has completed it's sale of 400Tonnes of gold it allegedly had.



Selling gold to suppress the gold price. An old trick. Lets hope that the buyers have brains enough to insist upon delivery to their country, rather than allowing the IMF to 'store' it for them in an account.

Gold & Silver Market Take a Beating!

Lind-Waldock Strategist Phil Streible discusses the gold and silver market, and why they took a dive at the start of the year

DAILY NEWS ON BOOZE