the dollar

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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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Bankers Declare War on Commodities

The only rational response to the plunge in the price of oil for other commodities markets would have been for them all to rally sharply. The fact that commodities did not rally (but in fact moved sharply lower) indicates that it is in fact the bankers who were behind this assault on the oil market. This can be demonstrated in more than one way.

24Jun2011 | | 0 comments | Continued
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A Computer Scientist and “Gold Bug” Analyzes BitCoin

Despite its imperfections, I believe BitCoin really adds some important value to the world’s competing field of monies and is here to stay… Now if we can only get the real-world advantages of gold combined with the digital innovations of BitCoin, we will really be on our way to an unstoppable force of monetary good for the world’s people against government and financial elites that endlessly try to abuse us through the faux-monies they’ve foisted on us.

22Jun2011 | | 7 comments | Continued
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Growth in Despair the Only U.S. ‘Growth’

Now, as the U.S. economy is quite obviously turning lower again, Americans are finally shedding their “rose-coloured glasses” and beginning to view the U.S. economic nightmare for what it really is. That conclusion is strongly reinforced by the following statistics…

9Jun2011 | | 0 comments | Continued
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Precious Metals and Currency Dilution

Should the experts in our markets spot a company which is printing-up new shares at an excessive rate, these analysts will tell you to dump that stock faster than you can hit the “sell” button on your trading platform. And they won’t hesitate to tell you that only a “fool” would hang onto a company which is undermining shareholder value in that manner. Yet when these same experts watch Ben Bernanke running the Federal Reserve’s printing-press “white hot” year after year after year, at any given time roughly half of these clowns will be advising people to “buy dollars”.

9Jun2011 | | 1 comment | Continued
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Government Heads For Budget Collapse

The government is massively overshooting Treasury Borrowing Advisory Committee (TBAC) borrowing estimates issued in May. As I pointed out in the Treasury update at at the time, the government’s and the TBAC’s economic assumptions have been way too optimistic.

8Jun2011 | | 0 comments | Continued
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The Real Truth on U.S. Phantom-Jobs

In terms of the “unemployment rate”, the numbers are unequivocal: the percentage of employable Americans who are without jobs continues to go up every month – due to the combined effect of the still extremely high weekly lay-offs, plus the fact that the number of “new jobs” doesn’t come close to even matching the growth in population.

We’ve already been through this charade in the U.S. housing market. Again we were told by countless media talking-heads and “experts” (on countless occasions) that the U.S. housing market had “bottomed” in 2009. These shills even had the audacity to claim there was a “recovery” taking place in the U.S. housing market – as opposed to merely a “dead-cat bounce” after the worst real estate crash in the history of the U.S. economy. Returning to the real world, we have now seen U.S. housing prices plunge through that supposed “bottom”, meaning that even the propagandists have been forced to abandon their lie about a “recovery” in this sector of the economy.

3Jun2011 | | 2 comments | Continued
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Perpetual Inflation: The Stealth Source of Our Economic Problems

The most serious flaw in most analyses of the financial crisis the failure to correctly see the various causes put forth as the outcome of a single fundamental factor: the Federal Reserve and its permanent and perpetual policy of inflation.

22May2011 | | 3 comments | Continued
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Why Ron Paul Is Pushing For a US Gold Sale

The New York Sun is reporting, as part of the debt ceiling debate, that Rep. Ron Paul (among others) is actually calling for a US gold sale to ameliorate the situation… Astute observers may note that Rep. Paul is doing something very shrewd here.

18May2011 | | 3 comments | Continued
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Elitism, Immunity and Outstaying One’s Welcome

Did the Fed join the BIS in 1994 in order to conduct its gold manipulation activities under the shield of diplomatic immunity? Rob Kirby explores.

16May2011 | | 1 comment | Continued