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The Spin on Cyprus Gold Sale Rumor Is “Back Asswards”

The media is woefully misinformed (or maliciously misinforming you) about the “Cyprus gold sale.” Here’s the real story.

21Apr2013 | | 1 comment | Continued
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The Great Commodities Heist

Bankrupt and near-bankrupt Western governments are stealing billions of dollars worth of various commodities from commodity-producers around the world… There can be no rational/economic explanation for the severe plunges in commodity prices other than the fraudulent manipulation of markets.

3Oct2011 | | 0 comments | Continued
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New Rules For Western Banks, Same Hypocrisy

The “extra capital” which (some) U.S. banks will be forced to implement over a period of seven years under the new “Basel II” accord would all be 100% consumed (plus much more) if U.S. housing prices fall even 1% more

28Jun2011 | | 0 comments | Continued
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The Myth of China’s “Ghost Cities”

Obviously there are only two scenarios to China’s growth. You can bring the people (first) to the sites of these new cities, and then try to build the cities around them; or you can build the cities first – and then bring the migrants to live in them. As for the “64 million empty apartments”, that’s enough housing for no more than a quarter of these migrants… Not only is the proportion of empty homes in the U.S. greater than that of China, but there will never be buyers for millions of these units.

31May2011 | | 9 comments | Continued