Oct. 28 2010 | Assessing whether there is a bubble in rare earth minerals, with the Fast Money team.
NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Thursday, October 28, 2010
Bob Chapman : Russia buying as much gold as they can
Bob Chapman : Russia buying as much gold as they can
Bob Chapman : ...Gorbachev is a member of the Illuminati that's why he left Russia , ...he slipped right in to the Illuminus camp and now he is trying to start trouble for Russia and that's what that's all about , because Russia has been buying Gold every month , for months and months and months and their economy is doing relatively well they are oil exporters as you very well know and they export a lot of commodities such as base metals and platinum and palladium and they hold their own Gold , they buy all the gold they produce in the country just like what China does and so they are the enemy as far as the Illuminus are concerned and so they try to cause trouble....and it's not gonna work.....
Bob Chapman : ...Gorbachev is a member of the Illuminati that's why he left Russia , ...he slipped right in to the Illuminus camp and now he is trying to start trouble for Russia and that's what that's all about , because Russia has been buying Gold every month , for months and months and months and their economy is doing relatively well they are oil exporters as you very well know and they export a lot of commodities such as base metals and platinum and palladium and they hold their own Gold , they buy all the gold they produce in the country just like what China does and so they are the enemy as far as the Illuminus are concerned and so they try to cause trouble....and it's not gonna work.....
Foreclosure Crisis Deepens
Wed. Oct. 27 2010 | CNBC's Diana Olick has the details on another big lender looking over its foreclosure practices
Labels:
Foreclosure Crisis
Joseph Foster, Gold May Reach $2,000 in Next 2-3 Years; Long-term Bull Market
Oct. 28 (Bloomberg) -- Joseph Foster, a portfolio manager at Van Eck Associates in New York, talks about the potential impact of the Federal Reserve's quantitative easing on the gold market. Foster, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for gold stocks and investment strategy.
Labels:
Joseph Foster
Wednesday, October 27, 2010
Sean Boyd, Agnico-Eagle Mines CEO. Gold is not in a bubble
A Golden Entry Point?
Wed. Oct. 27 2010 | Cramer digs deeper into a precious metal play, with Sean Boyd, Agnico-Eagle Mines CEO
Labels:
Agnico-Eagle Mines
The New ID: Computer chips from Germany
Starting November 1st, Germans can order a new personal identification card outfitted with a special computer chip. The company behind the concept is called NXP.The superchip was designed by engineers at the NXP company. Now the Hamburg-based company is hoping for a return on its investment. Around 60 million ID cards are expected to be made with the chip. Report by Jana Wochnik.
Labels:
Big Brother
Bob Chapman on The Foreclosures Scandal - MBS
John Stadtmiller Oct 26 2010 - Jeff Bennett,Bob Chapman- Roundtable
John hosts a weekly financial round table with Jeff Bennett and Bob Chapman. Some have said this is the best two hours in radio.
John and Bob in the first hour. Jeff Bennett in the second hour.
_____________________________________________
John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.
John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!
Labels:
MBS
Inner Earth, Egypt, & Consciousness - Brooks Agnew
Electrical Engineer and Doctor of Physics Brooks Agnew discussed ancient Egypt, new physics, cosmology, consciousness, and time travel. He also shared an update on his planned North Pole Inner Earth Expedition, which could now take place in the summer of 2012 along the Arctic Circle, pending the availability of an icebreaker ship. The expedition also faces funding issues, which has delayed it in the past. Interestingly, he noted there is research that shows there could be a large ocean that lies underneath the crust of the Atlantic ocean.
Finding the Inner Earth could prove to be especially beneficial if the planet faces a global catastrophe, he said. According to a manuscript found in Abydos, Egypt, the ancient Egyptians might have fled to the Inner Earth to escape a cataclysm, possibly at a desert town called Damenhur. As part of Agnew's upcoming Egyptian Tour, they will stop at Damenhur to investigate this location.
Citing how time slows down at the speed of light, Agnew said he is able to experience a kind of time travel while practicing a 17th breath meditation, in which he goes to a world that has a different sky than Earth's. He also talked about physics research that indicates certain particles are coming into our universe from another dimension. There is a missing construct in physics which may involve human consciousness in the formation of matter, he added.
Labels:
Brooks Agnew
THE CHINESE SILVER BULLET
China has announced it is reducing it Silver exports by 40%. But guess what? Chinese exports of silver are already down 60% from 2009 levels. China is already treating silver for what it is: a rare earth metal.
Markets Slammed As Dollar Jumps
Market Recap: October 27th, 2010
The major U.S. equity indices are trading lower Wednesday as investors grow more conservative about the central bank's attempts to stimulate the economy. Durable goods orders rose 3.3% in September to a seasonally adjusted $199.16 billion, beating consensus estimates for a rise of 2.5%. New-home sales in September rose 6.6% to a seasonally adjusted annual rate of 307,000, ahead of consensus estimates of 4.2%. In corporate news, Whirlpool (NYSE:WHR) shares are trading 4.84% lower at $80.43 after the company reported that profit fell 9.2%, despite sales strength in Latin America and Asia. The Dow Jones Industrial Average (DJI) is trading 1.23% lower at 11,032.13, the S&P500 (INX) is trading 0.99% lower at 1,173.95 and the Nasdaq Composite (IXIC) is trading 0.57% lower at 2,483.17.New Home Sales Up 6.6%
Wed. Oct. 27 2010 | New home sales rise 6.6 percent in September, with CNBC's Diana Olick.
Labels:
Home Sales
Cotton Price Wrinkles
Wed. Oct. 27 2010 | Jones Group stock hit in part on high cotton prices, with CNBC's Brian Shactman, and Eric Tracy, FBR Capital Markets.
Labels:
Cotton
Rich Dad Robert Kiyosaki on Fascism Communism Socialism
Rich Dad Robert Kiyosaki on Fascism Communism Socialism
Scott Redler, Gold Needs to Re-Prove Itself
NEW YORK (TheStreet) -- Scott Redler, chief strategic officer at T3Live.com, explains why he is taking a timeout from gold and mining stocks and details his strategy going...
Labels:
Scott Redler
Bob Chapman Silver could hit $500 an ounce
Bob Chapman Interview On The Collector's Coach Show!!
Bob Chapman : the commercial use of silver is so widespread today and it gains everyday that the entire production of silver each year is taken off by commercial interests and there is not very much above ground silver left , it's been used since 1968 , I do not know how much is out there but if I have to guess certainly not more than a five year supply and so I think that silver's future is very bright ....Israel Oil find fuels Mideast tension
Recently discovered oil reserves in the eastern Mediterranean look set to become the latest point of tension in the troubled region. At least four major competitors are staking their claim. Israel, Lebanon, Turkey and Cyprus all want a piece, but with no clearly defined maritime borders, the fight could be lengthy, bitter... and even bloody.
Tuesday, October 26, 2010
The Currency of the Elite is Gold & Silver: Pastor Lindsey Williams 10.21.2010
Lindsey Williams: Deathbed Globalist "Spills Gut" On Plan to Destroy America - Alex Jones Tv
Labels:
Lindsey Williams
Get Your FREE Copy Of The International Forecaster Newsletter
Request Your FREE Copy Of "The International Forecaster" Newsletter! from Jack DeAngelis
Labels:
The International Forecaster
Market Close Wrap-Up : October 26th, 2010
The major U.S. equity indices closed higher Tuesday, following disappointing earnings and news on home prices. Stocks edged back up after a decline earlier in the afternoon, following October's consumer confidence report. The Standard & Poor's/Case-Shiller home price index declined 0.2% in August. Price declines were apparent for fifteen out of the total 20 cities examined in the index. In corporate news, Kimberly-Clark Corp. (NYSE:KMB) reported a Q3 earnings miss. The company earned $469 million, or $1.14 per share, down from $582 million, or $1.40 per share in the year-ago period. Revenue rose 1% year-over-year to $5 billion. Analysts were looking for EPS of $1.28 on revenue of $5 billion. TD Ameritrade Holding Corp. (NASAQ:AMTD) reported Q4 net income of $114 million, or $0.20 per share, down from $157 million, or $0.26 per share in the year-ago period. Revenue fell nearly 8% to $609 million. Analyst expected EPS of $0.23 on revenue of $619.2 million. The Dow Jones Industrial (DJI) closed 0.05% higher at 11,169.46, the S&P500 (INX) closed 0.01% higher at 1,185.64, and the Nasdaq Composite (IXIC) closed 0.26% higher at 2,497.29.
Labels:
Market Close Wrap-Up
Michio Kaku : Alien Life, Dimensions & the Universe
Theoretical physicist Dr. Michio Kaku explores the possibility of multi-dimensional intelligent existence.
Labels:
Michio Kaku
Bob Chapman on Gold and Silver discount trading 25 Oct 2010
Bob Chapman on Gold and Silver discount trading 25 Octb 2010
Bob Chapman wrote in the International Forecaster of the 20th October 2010 :"...One thing we can guarantee is dollar devaluation, versus other currencies and gold and default. This is another lock Americans are going to have to deal with. Social Security and Medicare are already in default. Why do you think government wants to steal your retirement plans? How else can they keep them going with other government spending, such as wars of endless duration and creating employment in a staggering economy? The bank known as Washington has already been broken.
Even Mr. Bernanke, Chairman of the Fed, tells us today’s deficits are unsustainable, but few want to listen. It is just like in 1967 when we predicted that free trade, globalization, offshoring and outsourcing would be used to deliberately destroy the US economy, and no one wanted to listen. It has been a policy that has cost the dollar 98% of its purchasing power. What do you think gold, silver, platinum, palladium and commodities are telling us?...."
Bob Chapman wrote in the International Forecaster of the 20th October 2010 :"...One thing we can guarantee is dollar devaluation, versus other currencies and gold and default. This is another lock Americans are going to have to deal with. Social Security and Medicare are already in default. Why do you think government wants to steal your retirement plans? How else can they keep them going with other government spending, such as wars of endless duration and creating employment in a staggering economy? The bank known as Washington has already been broken.
Even Mr. Bernanke, Chairman of the Fed, tells us today’s deficits are unsustainable, but few want to listen. It is just like in 1967 when we predicted that free trade, globalization, offshoring and outsourcing would be used to deliberately destroy the US economy, and no one wanted to listen. It has been a policy that has cost the dollar 98% of its purchasing power. What do you think gold, silver, platinum, palladium and commodities are telling us?...."
Labels:
Discount Gold and Silver Trading
Home Price Index Falls 0.2% in August
In Tuesday's release of the S&P's/Case-Shiller home price index, housing prices fell by 0.2 percent in August from the month before. Fifteen of the 20 featured cities showed monthly price declines, and prices are expected to continue to drop in the coming months.
Phoenix saw the largest decline with a 1.3% drop in home prices. Prices in three California cities--San Francisco, San Diego and Los Angeles--which had previously showed strength, also fell, but by less than 1%.
Detroit, Chicago, Washington, New York and Las Vegas were the only cities to show monthly price increases.
Although the index has risen 6.7% from its lowest level in April 2009, it remains almost 28% below its peak in July 2006.
Housing markets may continue to struggle due to recent complications with foreclosure documents. Would-be buyers are refraining from home purchases because of potentially invalid foreclosure purchases. In an October National Association of Realtors survey, about 23% of real estate agents said they had clients no longer interested in purchasing a foreclosed property due to the foreclosure mess.
Phoenix saw the largest decline with a 1.3% drop in home prices. Prices in three California cities--San Francisco, San Diego and Los Angeles--which had previously showed strength, also fell, but by less than 1%.
Detroit, Chicago, Washington, New York and Las Vegas were the only cities to show monthly price increases.
Although the index has risen 6.7% from its lowest level in April 2009, it remains almost 28% below its peak in July 2006.
Housing markets may continue to struggle due to recent complications with foreclosure documents. Would-be buyers are refraining from home purchases because of potentially invalid foreclosure purchases. In an October National Association of Realtors survey, about 23% of real estate agents said they had clients no longer interested in purchasing a foreclosed property due to the foreclosure mess.
Robert Kiyosaki and the cash heist !
Robert Kiyosaki explaining the cash heist!
Labels:
the cash heist
Peter Schiff : Panic Gold buying in Germany, Silver Market Could Go Manic.
Eric King speaks with Peter Schiff about Gold and Silver in May, 2010. They discuss the recent panic gold buying in Germany as the Euro melts down. And Schiff admites he is even more bullish on Silver than Gold!
Labels:
Peter Schiff
ILLEGAL Gold Accounting By US Government! - Mike Maloney
ILLEGAL Gold Accounting By US Government! - Mike Maloney
Labels:
Mike Maloney
Where Should Investors Place Capital In Years To Come?
In 2008, many average investors saw their retirement portfolios fall between 50-60% as global hysteria gripped financial markets as a direct result of the subprime mortgage crisis. As an accountant, you most likely have clients seeking investment advice; as you advise clients concerning different investment avenues, keep in mind that this is the most uncertain economic period of recent history, and possibly since The Great Depression. Before we address specific investment vehicles that you may want to discuss with your clients and research yourself, there are few key points that must be understood concerning the macroeconomic environment.
Today, we are two years post-The Great Recession, and the U.S. economic recovery has stalled significantly. Unemployment is remaining at stubbornly high levels, consumer spending is stalling, and overall economic growth is stagnating. In late July, Federal Reserve Chairman Ben Bernanke testified before Congress and stated the U.S. recovery is “unusually uncertain.” This uncertain outlook in the U.S. has caused great uncertainty in the realm of retirement planning and general investment because, to be honest no one is sure what will happen in the U.S. economy over the next 5-10 years; however, one scenario that will most likely not play out is a massive bull run in the stock market. It is always good to offer clients a general market outlook and make them aware of the possible scenarios in the United States economy over the next few years, and at this time there seems to be 2 distinct possibilities.
The most realistic possibility is that the U.S. will have several years of very slow economic growth that is between 1% and 2.5% GDP. This extremely slow growth in the U.S. will make it virtually impossible to significantly bring down the unemployment number, and investment opportunities in the U.S. will be scarce for the average investor. The equity market will most likely move sideways for several years.
A second possibility is the U.S. economy moves into the another round of recession as measured by two consecutive quarters of contracting GDP. This would, of course, cause equity markets to sell-off sharply, and general global investor unrest would most likely reach very high levels. This type of slow growth will cause major problems for the average investor. A forex platform will offer more volatility.
One of these two possibilities will most likely play out in the U.S. Twenty and thirty years ago, college graduates in the U.S. were assured of above average gains in the stock market as the U.S. was in a long-term bull market. That has changed, though. Those days are over. As hard as it may be to hear, the U.S. economy will not grow over the next 20 years at the same rate it grew over the last twenty years.
Investors who want yield on their investments over the next 5 years should consider looking to foreign markets. China, India, Brazil, China, and Russia are emerging markets with huge growth potential. The growth rates over the next 5-10 years in these countries is huge.
The problem is how can an average investor take advantage of this huge growth potential in emerging markets? A few practical guidelines should be followed.
1. Stick to the most developed emerging markets because they have the most political and economic stability and should not collapse as some less stable emerging markets could. These include China, India, Russia, and Brazil.
2. Think 1950’s investment in America. Do this in those countries. If you can find the GE, Wal-Mart, etc in these developed nations and build a portfolio around them, you should see strong growth for years to come.
3. Stay away from new technology companies or other companies that are still in infancy. Any investment in these companies should be done strictly with risk capital, and they should not be a part of your portfolio nucleus.
4. Invest in large companies in telecommunications, energy, technology, and other major industries.
You can also take advantage of this investment idea by investing in U.S. based mutual funds that are completely exposed to Chinese companies such as Templeton’s Global Opportunities Fund, Matthews’ China fund, or the U.S. Global Investors China Regional Opportunity Fund.
Another option for investors who do not want to put capital at risk in the form of foreign equities is to focus on emerging market bonds. Emerging market bonds should significantly outperform bonds from developed nations over the next 5 years as interest rates stay at artificially low levels in the developed world. This interest rate yield spread should entice many investors and cause a massive capital flow into emerging market bonds.
Traders who are going to expose assets to a foreign currency should check forex broker ratings to make sure they are investing with a broker that is reputable.
Monday, October 25, 2010
An Energized Oil Trade
Oct. 25 2010 | Commodity prices are storming higher, with Peter Beutel, Cameron Hanover.
Labels:
Oil Trade
Peter Schiff : Gold and Dollar Outlook
Oct. 25 2010 | Insight on commodities and the Dollar, with Peter Schiff, Euro Pacific Capital president.
Labels:
Peter Schiff
Peter Schiff : Gold and Dollar Outlook
Oct. 25 2010 | Insight on commodities and the Dollar, with Peter Schiff, Euro Pacific Capital president.
Labels:
Peter Schiff
Is Dollar Headed for a Crash?
Mon. Oct. 25 2010 | Is the sinking U.S. dollar headed for a full fledged dollar crash? Art Laffer, Laffer investments and Brian Kelly, Kanundrum Capital.
Labels:
Dollar Crash
Ben Bernanke On Housing Finance
Oct. 25 2010 | Fed chief Ben Bernanke discusses the future of housing finance in America.
Labels:
Ben Bernanke
Gold & Silver vs. Dollar & Euro
Gold and Silver Prices Signal the Devaluation of the Dollar
1. Beginning with the Savings & Loan crisis in 1990, each engineered crisis is growing in intensity and carnage. First, there was the Internet bubble crash then the Real Estate bubble meltdown and now we are at the footsteps of an unprecedented acceleration of price increases in food and energy.
_From: InflationUS | October 02, 2010
1. Beginning with the Savings & Loan crisis in 1990, each engineered crisis is growing in intensity and carnage. First, there was the Internet bubble crash then the Real Estate bubble meltdown and now we are at the footsteps of an unprecedented acceleration of price increases in food and energy.
_From: InflationUS | October 02, 2010
Robert Kiyosaki - Interviews
Robert Kiyosaki appearing on; FOX News, CNN, KTLA, TODAY, The Early Show, and many others. He talks about debt, financial education, predictions, and also talks with Donald Trump.
In the other hand we have bankers, consultants, farmers, stay-at-home moms, professors, people with no professional background at all...and everyone in between. Most of these people have one thing in common: They've been forced to trade their time for money, to sacrifice quality moments with their loved ones just to make some extra money.
The new way to be wealthy, also a recommendation by Robert Kiyosaki.
In the other hand we have bankers, consultants, farmers, stay-at-home moms, professors, people with no professional background at all...and everyone in between. Most of these people have one thing in common: They've been forced to trade their time for money, to sacrifice quality moments with their loved ones just to make some extra money.
The new way to be wealthy, also a recommendation by Robert Kiyosaki.
Labels:
Interviews
Joe Rogan - Beyond The Invisible
We welcome actor, comedian, color commentator for Ultimate Fighting Championship, martial artist, radio show host and (my favorite) psychonaut Joe Rogan. We will touch upon perfecting the mind body and soul through comedy, vigorous weight training and hand to hand combat but the bulk of the discussion will be the tools of meditation including isolation/floatation tanks, psychedelics and of course, dimethyltryptamine (DMT).
http://blog.joerogan.net
Labels:
Joe Rogan
Bob Chapman : Obama is An Illegal Alien
Bob Chapman, Publisher of the International Forecaster Weekly while discussing Cap and Trade on The Talk To Solomon Show calls Obama an illegal alien.
Labels:
Obama
Existing Home Sales Rise
Oct. 25 2010 | US existing home sales rose 10 percent to a seasonably-adjusted rate of 4.53 million units, the largest monthly gain in 28 years, reports CNBC's Diana Olick.
Labels:
Home Sales
FX Markets Eye Upcoming Fed Meeting
Mon. Oct. 25 2010 | Peter Whitley, senior FX analyst at Thomson Reuters shares his analysis of the latest moves in the currency markets with CNBC's Chloe Cho, Maithreyi Seetharaman and Jackie DeAngelis
Labels:
Fed Meeting,
FX Markets
Housing Stimulus?
Mon. Oct. 25 2010 | Discussing whether housing needs more stimulus, with CNBC's Diana Olick, and Howard Glaser, The Glaser Group, and Alex Charfen, Distressed Property Institute.
Labels:
Housing Stimulus
Own Gold Directly Where it is Cheaper, Easier and Safer – Bullionvault.com
Own Gold Directly Where it is Cheaper, Easier and Safer – Bullionvault.com
For the weary stock investor, this year has been one filled with uncertainty and volatility, but Gold has prospered, setting new price records with each passing month, and showing no signs of pulling back in the near future. In fact, Gold prices have been on a tear for the past decade, outstripping any traditional investment instrument in total return. For the average investor, the question then becomes, “How do I invest in this valuable commodity?”
There are actually a variety of ways. You can invest directly in gold mining companies or exchange-traded or mutual funds that focus on this sector of the market. You can buy gold coins at retail prices that are unreasonably inflated, thereby defeating the ability to achieve a decent return. Lastly, you can invest directly in owning the precious metal by working with a transfer agent that buys the bullion on the market at wholesale and then secures the asset in a formidable vault for safekeeping.
The leader in this field of agents is Bullionvault.com. This company has been devoted to this primary service since 2005, and their website will both educate you on how to invest in Gold and facilitate the process online. The key things to know are:
· You can buy gold here today. You will own proven, pure gold grams of approved bullion market gold;
· Buying gold bullion directly on a gold exchange gets you a far better gold price;
· Store the gold you buy in the professional vault of your choice: in New York, London or Zurich.
For those investors that wish to balance their portfolios or prefer owning Gold directly, the process has never been easier. As with any international dealer that receives monies from across a border, there are necessary precautionary procedures required to validate your identify and comply with regulatory requirements. For this reason, it is recommended that a basic wire transfer from your bank be used to fund your account.
Before your account is funded, the company will actually give you a gram of Gold to get started. What could be easier than that? As for bullion storage charges, as one satisfied customer stated, “The monthly cost is the same as a beer.” Experts are on hand to help you, and customer testimonials on the Internet have been quite favorable. Bullionvault.com – The safe way to own Gold!
Labels:
physical Gold vs Paper Gold
Gold Miners Junior ETF: A Good Investment?
John Doody, editor of GoldStockAnalyst.com, reveals whether he would buy the GDXJ or the top 5 U.S. publicly traded stocks in the ETF.
Labels:
Gold Miners Junior ETF,
John Doody
Sunday, October 24, 2010
DOLLAR VALUE DROPPING
The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk. This is the first of several videos to show what is really happening to the economy of the United States and why this country is in a lot of trouble financially.This video is to elaborate on my last video about the dollar and its value.
Gold VS Dollar Educate Yourself
Prices are not going up, when you see their real value in gold and silver. The dollar is collapsing and has been for years. The dollar is now worth about 2 cents compared to 1913. A quarter dollar (in silver) will buy more gas now than in 1947. See how you have been robbed by the banksters and the fed. End the Fed or be a slave!
Labels:
Gold vs Dollar
Robert Kiyosaki : The 8 Sacred Cows of Money
Learn about the 8 financial lies you've been sold! Watch them all at
Labels:
The 8 Sacred Cows of Money
Bob Chapman We See Totally Surreal Markets
Bob Chapman interview with www.contraryinvestorscafe.com. 20 Oct 2010
An excerpt from Bob Chapman's weekly publication The International Forecaster :
October 20 2010: US dollar finding a temporary bottom, gold, silver, and commodities continue to make sense, mortgage scandals, surreal markets, dollar devaluation guaranteed, record deficits, US finally tries to live within its means.
As we write, the US dollar is in the process of trying to find at least a temporary bottom at 76.50 and to launch a countertrend rally. We would think a rally back to 80 is achievable, but we do not believe it’s sustainable - only some stabilization through the election. Japan drew a line in the sand at 82 and finished last Friday trading at 81.37. That does not smack of success, but we see improvement over the next two weeks.
read more >>>>
Labels:
Markets
Whats a US Dollar Worth? : The Fed, Money as Debt
Many ask: What is "Injecting Liquidity"? Do Deficits matter? Where is the US Dollar going with this war spending and Debt?
See more: Paul Grignon's 47-minute animated presentation of "Money as Debt"
"Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers."
- Congressman Ron Paul
""The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value... Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."
---Alan Greenspan
See more: Paul Grignon's 47-minute animated presentation of "Money as Debt"
"Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers."
- Congressman Ron Paul
""The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value... Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."
---Alan Greenspan
Labels:
Money as Debt
When will Peak Oil arrive? How will it effect us? and can Green Energy save us?
Peak Oil could arrive as soon as 2012 while others say by 2017. Its effects will be monumental and life altering. Can Green Energy counter falling Oil production? Energy Experts and Economists fear the consequences of Peak Oil. Watch and see what lies ahead for us?
Labels:
Peak Oil
Saturday, October 23, 2010
Australia Housing bubble Bursting
Bursting the Bubble
Episode of "Insight" that deals with the bursting of the Australian real estate bubble. Aired on 9 September 2008.
Subscribe to:
Posts (Atom)
Peace!