inflation

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Punditry Aside, Market Crash Is Continued Liquidity Panic

this isn’t a “normal” trading market; it isn’t responding to the “big news” events in a common-sense way (much beloved by omnipresent j-school financial writers), if at all. It is only responding to what is happening with liquidity. And that is clearly draining out. Will we get the same Fed reaction (QE) we got in 2008? Most likely.

8Aug2011 | | 0 comments | Continued
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Why 2011 Is Not 2008

With many investors now having descended back to full-fledged “panic mode”, we explain why 2011 could never be another event like the Crash of ’08, as the nature of any such crash would be remarkably different.

8Aug2011 | | 3 comments | Continued
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Buy A House With Silver

While we wait for our interest rates (and eventually our housing markets) to return to sanity, the obvious step for future-buyers to take today is to buy silver – to reduce the price they ultimately pay for a house to a small fraction of current prices… The more general point which I do wish to argue here is the necessity to look for new ways to express prices which are not dependent on/connected to the worthless paper currencies of Western bankers.

4Aug2011 | | 2 comments | Continued
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Economic Rape of Europe Nearly Complete, Part II

… the decision by Western banking authorities to designate the national gold hoards of these nations as “collateral” for their (fraudulent) bond debts has two entirely different (and separate) motivations. If the gold still exists, then naming gold as collateral for debts which could never be repaid (and where default is imminent) is nothing less than the theft of these nations’ gold reserves.

25Jul2011 | | 0 comments | Continued
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The Two Sides of Precious Metals Propaganda

Propaganda is a form of control. To maximize that “control” it is just as important to dominate the bullish commentary on precious metals as it is to “lead the choir” on the bearish side. Thus the propagandists are highly motivated to get you to believe them about what is “causing” gold and/or silver to go higher on days the metals are rallying.

20Jul2011 | | 4 comments | Continued
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Central Banks Unanimously Prefer Gold Over Paper

(Despite what Bernanke says, ) all of the world’s foremost experts on “money” are showing a 100% preference for one kind of money: gold. The message from the world’s central bankers is absolutely unequivocal: only chumps would choose to hold paper over gold.

19Jul2011 | | 3 comments | Continued
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Fiscal Suicide; The Point of No Return

The bottom line here is that the gravy train of no accountability, no consequences spending is over.

19Jul2011 | | 1 comment | Continued
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Paper Bugs at BusinessInsider Attempt To Defend Bernanke

The problem with these anti-gold sentiments is, firstly, that they distract from the central issue with fiat currency: its structural (by design) inability to preserve value. In fact, that is why I prefer to call them a “currency” and not a “money”… [further, ] we actually now have, in some of the most important markets in the world, gold once again functioning as a medium of exchange. How quickly we forget the BIS gold swap intrigue from last year…

16Jul2011 | | 2 comments | Continued
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U.S. Greater Depression Accelerates

The various (terminal) structural defects in the economy, and near-infinite debts have made net U.S. economic growth totally unattainable. The faked “recovery” trumpeted by the U.S. propaganda-machine was never plausible to anyone viewing long-term charts… I give it no more than a month before B.S. Bernanke’s latest “exit strategy” once again morphs into just more money-printing.

15Jul2011 | | 7 comments | Continued
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The Real Reason Hitting The Debt Limit May Mean Social Security Checks Stop

This one may not be about politics: there is a good legal and economic reason Social Security is put in jeopardy by hitting the debt limit.

14Jul2011 | | 11 comments | Continued
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