debt

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The Battle of the Euro Bond

With only the weak-willed Angela Merkel playing the role of “Frodo” against the “Dark Lords” of Wall Street, the situation could hardly be more dire – or hopeless.

30Nov2011 | | 2 comments | Continued
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Silver: The People’s Money

Lacking a gold standard and lacking any financial regulation of these multinational banks, as individuals we have been left with absolutely no recourse but to “insure” our wealth by converting it to silver.

7Nov2011 | | 0 comments | Continued
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U.S. Faces Much Worse ‘Japanization’

An amount of liquidity equivalent to roughly ¼ of the entire global economy has been pumped into Wall Street to prevent the banksters’ fraud-saturated bubbles from deflating. To refer to this as a “post-bubble economy” is like referring to the nation of Japan as being “post-Fukushima” the day after the first meltdown.

1Nov2011 | | 1 comment | Continued
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Preemptive Strike Against Precious Metals Nears End

While we all know never to say “never” in this market, it appears that the latest operation has neared its expiry date. Put another way, it does not appear feasible that the investment community could remain “witless” enough not to fathom the impact of more, massive money-printing.

19Oct2011 | | 0 comments | Continued
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Economic Justice Equals Prosperity

The Occupy Wall Street movement is the first, tentative step in a process which 2,000 years of history teaches us is absolutely inevitable. Whether it is this movement which (eventually) facilitates real, equitable changes in our economies, or whether it is ultimately replaced by something bigger and better, the “message” which these people are sending is simple: the pendulum of history has begun to swing back.

17Oct2011 | | 3 comments | Continued
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Confessions of a Liquidity Junkie

…in the anti-rational world of the addict simply feeding the addiction is itself the sole “goal”. This epitomizes the words and actions of not only Mervyn King, but also Federal Reserve Chairman B.S. Bernanke and the dozens of other liquidity-junkies which have infested Europe’s monetary system.

12Oct2011 | | 0 comments | Continued
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Only 10% of U.S. Population Now ‘Middle-Class’

As we see the “Occupy Wall Street” movement beginning to gain traction across the U.S., it is clear that the 80% of the U.S. population living as serfs and the 10% of the population clinging to middle-class status have finally had enough. Enough lies. Enough hypocrisy. Enough of the incompetence in our top-down economic hierarchies.

11Oct2011 | | 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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Western ‘Pension Crisis’ Reflects Investment Incompetence

Proving that you can always “make a bad situation worse”, the administrators of pension funds have also mirrored the incompetence of most mainstream financial advisors – who have gone from being architects of “wealth creation” to the implements of “wealth destruction”.

6Sep2011 | | 3 comments | Continued
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‘Unsinkable’ Gold

A solvency crisis is an economic nightmare several orders of magnitude worse than a mere deflation. In a solvency crisis, “deflation” implies nothing less than bankruptcy… In an ordinary deflation, “cash is king” (even arguably worthless paper currencies). However, in a solvency crisis “cash is trash” unless that cash is directly backed with precious metals.

29Aug2011 | | 0 comments | Continued