Sunday, November 21, 2010

Robert Kiyosaki and 3 types of Assets

Robert Kiyosaki and 3 types of Assets

Ted Butler : The End Of Silver Price Manipulation & The Coming Silver Supply Crunch

Ted Butler : The End Of Silver Price Manipulation & The Coming Silver Supply Crunch

Chris Martenson who recently launched a fascinating series of interviews and podcasts with a variety of the most interesting pundits in the world, chats with Ted Butler, discussing such germane items as why silver has such a compelling value story, the coming silver supply crunch, the argument behind the allegations of silver price manipulation, drivers behind the recent price action in silver, why price volatility will increase and the expected outcome of the CFTC's investigation and why Ted thinks it will be "a bombshell for the silver market."

Interview with Ted Butler: The End of Silver Price Manipulation

2010 has been an exceptional year for silver. The price has increased over 50% to-date, and the CFTC (the US commodity regulatory body) issued a statement last month admitting that the market price of silver may have been (and still may be) fraudulently manipulated. An investigation is underway.

Ted Butler is one of the pre-eminent commentators on the silver market. In addition to his decades following the metal, he's spent years raising suspicions about silver's suppression by a few large banks taking on egregiously large short positions. The current CFTC action is a direct result of Ted's activism.
http://www.zerohedge.com/article/chri...

Bob Chapman on the Sovereign Economist 17 Nov 2010

Bob Chapman on the Sovereign Economist 17 Nov 2010


Bob Chapman wrote in The International forecaster of the 17th November 2010 :..."..QE2 will need an equal amount if not more. This is not wealth creation that we saw over the past 30 years. This is a rear-guard action in an attempt to save a dying system based on Keynesian economics, which is nothing less than a plan for corporatist fascist government. Totally monetizing government debt is not the answer and that in part is what this is all about. It is feel good psychology for the public with some other goodies thrown in for good measure, such as a couple of new inexpensive government programs thrown in for $100 billion or so, an extension of unemployment benefits and a continuation of the Bush tax cuts. They will increase the public’s comfort zone and keep the unemployed at bay – at least for now. The stock market the Fed is trying to save is rife with corruption, so much so that investors are leaving in droves. As a price for keeping the market going at a high level the SEC and CFTC turn a blind eye to blatant wrong doing in the form of naked shorting and flash trading, which is front running. These criminals are being allowed to run loose in our markets, particularly hedge funds. We see complaint after complaint after complaint in the thousands totally ignored and if you challenge either agency your problem gets worse. We have seen it first hand, and there is no longer anyone there to defend and protect you. How can investors risk their funds in such an environment, run by a criminal syndicate? Don’t forget we spent 28 years on Wall Street, so we know what they are up too and what we are dealing with...."
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