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Time To Confront Lying Central Bank Liars

We don’t need two decades of near-zero interest rates to prove the U.S. is an economic corpse. Defibrillating an economy with near-zero interest rates for 3+ years (and getting no response) is proof of death just like defibrillating a body incessantly for three years would prove it’s a corpse.

19Apr2012 | | 2 comments | Continued
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FT Caught Doctoring Headline To Provide Cover For Fed

The new title of Wednesday’s FT article implies exactly the opposite argument as the print version — just as the Fed would want it.

19Apr2012 | | 1 comment | 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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Precious Metals Déjà Vu For Morgan Stanley?

In 2007, Morgan Stanley paid $4.4 million after being accused by its own clients of only pretending to purchase bullion on their behalf, and then charging them “storage fees” on this imaginary bullion – a blatant act of fraud (as alleged). However, in 2012 while Morgan Stanley is once again charging its clients “storage fees” for the bullion they think they are buying for themselves, it is no longer even pretending to store any bullion on their behalf.

11Apr2012 | | 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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U.S. Standard of Living Has Fallen More Than 50%

Our governments have been lying about inflation for the last 40 years as a deliberate means of hiding the 57% collapse in our standard of living. Meanwhile, the situation is more than reversed if you’re one of the fat-cats at the top

2Apr2012 | | 4 comments | Continued
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Something Bernanke is Neglecting To Mention When He Disses A “Gold Standard”

Bernanke isn’t arguing against the monetary usage of gold on some sort of general economic basis. He’s arguing that you shouldn’t have access to gold in the sense of providing the same sort of monetary stability that central banks and nations still, today, hold it for.

22Mar2012 | | 15 comments | Continued
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Chase’s Predatory Credit Card Behavior Shows How Consumer Ire Is Deserved

A recent anecdote involving Chase has shows how the big banks really have little call to be surprised when consumers generally hate them. This goes far beyond fees: there is just the general sense that all customers are mere “potential marks” for predatory behavior…

13Mar2012 | | 8 comments | Continued
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Dr. Bernankestein’s Latest Mad Monster Creation

How well will Bernanke’s new “sterilized QE” idea work to support the bond market while reigning in inflation? Not well at all. Let us count the ways (and the unintended consequences)…

7Mar2012 | | 0 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