Monday, March 19, 2012

How To Cripple the Real Estate Market in Five Easy Steps

http://www.oftwominds.com/blogmar12/cripple-RE3-12.html

More than 20,000 California teachers pink-slipped

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/03/15/MNHK1NL9RC.DTL#ixzz1pVLJy8s5

Gunboats, Super-Torpedoes, Sea-Bots: U.S. Navy Launches Huge Iran Surge

If it looks like a duck, quacks like a duck...

http://www.wired.com/dangerroom/2012/03/navy-persian-gulf/

Obama Executive Order: Peacetime Martial Law!

I posted the National Defense Resources Preparedness Executive Order earlier.  Here's one person's take:


http://www.canadafreepress.com/index.php/article/45319

Pimco chief Mohamed El-Erian expects 'second Greece’ in Portugal

So much for ring-fencing in this debt contagion in Europe.

http://www.telegraph.co.uk/finance/financialcrisis/9151804/Pimco-chief-Mohamed-El-Erian-expects-second-Greece-in-Portugal.html

Far East set to double currency swap accord

That's funny:  I didn't read anything about the USDollar or the Euro in this article.


http://www.hurriyetdailynews.com/far-east-set-to-double-currency-swap-accord.aspx?pageID=238&nID=16262&NewsCatID=346

China yuan could be reserve currency with reform: IMF

To those who believed I had lost my marbles when I suggested the days of the USDollar as the global reserve currency are numbered, here's a press release from the IMF itself:


http://ca.news.yahoo.com/china-yuan-could-currency-reform-imf-055837173.html

How do you like them apples?  I've also laid out the implications of such a scenario.  Since the alternative blogosphere is on high alert, I'll leave it up to the readers to connect the dots.  Hint: inflation isn't and won't be benign, despite what our government and media keep droning on about.

Saturday, March 17, 2012

As Retail Sells, Central Banks Wave Gold In With Both Hands

As the retail public (i.e. dumb money) sells their gold, the central bankers of emerging countries (i.e. crooked, smart money) buys gold hand over fist. 

http://www.zerohedge.com/news/retail-sells-central-banks-wave-gold-both-hands

Marc Faber: The Perils of Money Printing's Unintended Consequences

http://www.chrismartenson.com/blog/marc-faber-perils-money-printings-unintended-consequences/72481

“We Are This Far From A Turnkey Totalitarian State" - Big Brother Goes Live September 2013

http://www.zerohedge.com/news/%E2%80%9Cwe-are-far-turnkey-totalitarian-state-big-brother-goes-live-september-2013

Gold Standard… In Extremis?

http://www.goldstandardinstitute.net/GSI/wp-content/uploads/2010/06/TheGoldStandard15.pdf

Brent At $126 As Israel Security Cabinet Votes 8 To 6 To Attack Iran

Well, here we go:  first, the trade and foreign currency sanctions against Iran.  Now, Israel's intention for a preemptive attack on Iran.  I wonder how India, China, and Russia feel about all this, given Iran supplies them with oil.

http://www.zerohedge.com/news/brent-126-israel-cabinet-votes-8-6-attack-iran

Thursday, March 15, 2012

South African Gold Production Dives Again To 90 Year Lows

http://www.goldcore.com/goldcore_blog/south-african-gold-production-dives-again-90-year-lows

The Iceland Financial Renaissance Miracle Continues

Iceland is the most recent example of why a hard default--while extremely painful--is the only solution in solving the developed world's debt problems.  Iceland basically said "screw you" to its Dutch and English creditors (banks).  Greece is the example of what not to do--keep dragging it out until the Greeks choke on their debt.  But hey, we gotta save the bankers, right?


http://www.zerohedge.com/news/iceland-financial-renaissance-miracle-continues

Gridlock in DC

http://www.caseyresearch.com/articles/gridlock-dc?ppref=ZHB444ED0312B
This year Obama asked Congress for, and was given, an additional $1.2 trillion of borrowing authority, which will increase the debt limit to $16.4 trillion, just enough to get him past the 2012 election. It could be close, however. If budget projections prove to be overly optimistic, Obama could face another cliffhanger over a further increase in the debt ceiling in the midst of the presidential election in November. How embarrassing to have to say "re-elect me – and by the way, I need to borrow some more money to pay this month's bills."

Charting The Legacy Of The Baby Boomers

http://www.zerohedge.com/news/charting-legacy-baby-boomers

Terminated CBO Whistleblower Shares Her Full Story With Zero Hedge, Exposes Deep Conflicts At "Impartial" Budget Office

http://www.zerohedge.com/news/terminated-cbo-whistleblower-shares-her-full-story-zero-hedge-exposes-deep-conflicts-impartial-

Singapore Seeks To Be Asian Bullion Hub With Tax Free Gold and Silver

http://www.ibtimes.com/articles/313973/20120314/singapore-seeks-asian-bullion-hub-tax-free.htm

Letter from an alleged JPMorgan whistleblower

We'll see if this is real or not. 
http://comments.cftc.gov/PublicComments/ViewComment.aspx?id=57019&SearchText

Eurocrats Carry On Up The Khyber, Determined and Delusional, says Farage


http://youtu.be/tivRCQqBFGA