budget deficit

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Europe’s ‘New Austerity’ – The Cheesecake Diet

… the UK has been on a Cheesecake Diet all along. While ordinary people in the UK have been punished with month after month of sadistic, suicidal austerity; the Bank of England has been showering its bankers with new money, courtesy of more UK “QE”.

24May2012 | | 6 comments | Continued
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Gold “Losing” Battle Versus U.S. Dollar in 2012?

When the MSM implores you to sell your gold both when it’s down and when it’s up, you know something is rotten in Denmark. It’s of course better to have a notion of real “value” when considering buying and selling.

22May2012 | | 1 comment | Continued
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“The Mythical Land of Us”

Official U.S. Treasuries auctions have degenerated into nothing more than a Machiavellian scheme to launder counterfeited currency. Illustrated here in an allegory.

19May2012 | | 0 comments | Continued
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Paper Money: The Barbarous Relic

“It has been asked of me by several worried readers if all this central bank gold-buying is being done to stock-up on gold – merely so that the bankers can again crush the market by dumping all the gold they are currently accumulating. Here individual gold-holders can put their minds at ease…”

4May2012 | | 0 comments | Continued
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The Great Western Revenue Crisis, Part I

Is the government “overspending”, or has it been consistently spending less in real terms (for basic support of the public) — while only preserving sorts of spending that prop up the oligarchs and banksters?

25Apr2012 | | 2 comments | Continued
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Two Scenarios For Next Precious Metals Rally, Part I

one very likely clue that we will be on the precipice of another banker-created crash is that gold and silver will begin to rally strongly without any identifiable cause for their strong surge in prices. To be more precise, the mainstream media (i.e. the propaganda machine) will not supply us with any “reason” for these soaring prices (other than pointing to their favorite scapegoats, the evil “speculators”).

12Apr2012 | | 0 comments | Continued
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Destruction of Spain’s Economy Duplicates Greece

How does a third party placing bets on whether someone’s home would burn down provide any “insurance” to the owner of the home? The answer of course is that it doesn’t. What it did do, however, was to create a $60 trillion motive for “arson”.

4Apr2012 | | 5 comments | Continued
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Credit Default Swap Fraud Exposed/Confirmed

Allowing bets to be placed (more than $60 trillion in total), and then allowing the banksters taking the bets to define when they lose, after all the bets have been placed, is not even a subtle scam. It is a clumsy fraud perpetrated by a group of Oligarchs who yet again have demonstrated their complete contempt for an apparently antiquated doctrine known as the Rule of Law.

5Mar2012 | | 3 comments | Continued
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The $15 TRILLION Money-Laundering Mystery

By process of simple deduction it was totally obvious that a gigantic, money-laundering operation was being conducted, with the primary goal being to prop-up the totally fraudulent U.S. Treasuries market. All that was missing was a paper-trail to prove this fraud, and now Lord James of Blackheath has been kind enough to provide this.

24Feb2012 | | 5 comments | Continued
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Proof of U.S. Greater Depression

The statistical charlatans at work for the U.S. government can pretend there is positive GDP growth. They can pretend there is positive jobs growth. But they cannot pretend to consume energy.

19Feb2012 | | 1 comment | Continued