South Carolina state treasurer's report notes gold and silver price suppression

A conspiracy theory isn't a conspiracy or a theory if it's true.

http://www.gata.org/node/11199

Market rigging gets too obvious even for Bill Buckler and Jim Grant

http://www.gata.org/node/11198

Financiers and Sex Trafficking

http://www.nytimes.com/2012/04/01/opinion/sunday/kristof-financers-and-sex-trafficking.html?src=tp

White House sees more pain for Iran as it clears way for further sanctions

Given how much crude oil China imports from Iran, methinks China won't take these trade sanctions lying down.  Those denying currency wars exist are in denial. 

http://www.washingtonpost.com/world/national-security/white-house-sees-more-pain-for-iran-as-it-clears-way-for-further-sanctions/2012/03/30/gIQAj9yAmS_story.html

PC student tests forbid dance, dinos & lots more

Here's the article pertaining to the previous list of banned topics in NYC exams.

http://www.nypost.com/p/news/local/out_of_the_question_YegJJGCOo33j0CQsccdZuL

Full list of topics banned on NYC school exams

http://www.nypost.com/p/news/local/full_list_of_topics_banned_on_nyc_N1RVgNnrweXfNhynJUQNwM

Gold Price Manipulation: Bullion, Gold Stocks Undervalued

http://www.ibtimes.com/articles/321516/20120329/gold-price-forecast-manipulation-stock-undervalued.htm

Must Read: Jim Grant Crucifies The Fed; Explains Why A Gold Standard Is The Best Option

http://www.zerohedge.com/news/must-read-jim-grant-crucifies-fed-explains-why-gold-standard-best-option

Incarceration Nation

http://www.time.com/time/magazine/article/0,9171,2109777,00.html

WSJ: Fed Buying 61 Percent of US Debt

In street parlance, this is called "Peter paying Paul", or among the less polite, a "Ponzi scheme".

http://www.moneynews.com/Headline/fed-debt-Treasury/2012/03/28/id/434106

BOK’s Dollar Holdings Fell to 60.5% of FX Assets in 2011

http://www.bloomberg.com/news/2012-03-30/bok-s-dollar-holdings-fell-to-60-5-of-fx-assets-in-2011.html

BRICS agree to local currency credits to ease dollar dependency

And thar she (will) blow...


http://rt.com/business/news/brics-currencies-credit-deal-755/

The [Recovery] Has No Clothes

http://sprott.com/markets-at-a-glance/the-[recovery]-has-no-clothes/

Gold is Manipulated (But That's Okay)

http://www.chrismartenson.com/blog/gold-manipulated-thats-okay/72892

Providence Bankruptcy Seen as Unavoidable on Budget Gap

When Meredith Whitney, the star analyst who presciently predicted the subprime mortgage collapse in 2008, also put out a forecast for a rash of municipalities to go bankrupt last year, she was labeled a one-hit wonder as the bankruptcies didn't materialize in significant numbers.  Well, as it turns out, she probably wasn't wrong--she was merely early.

http://www.bloomberg.com/news/2012-03-27/providence-bankruptcy-seen-as-unavoidable-on-budget-gap.html

Countries Swapping Billions & Transferring Oil Ahead of War

Fitzwilson provides some awesome geopolitical insight, and a subtle, but significant interpretation of Bernanke's head fake regarding QE.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/27_Countries_Swapping_Billions_%26_Transferring_Oil_Ahead_of_War.html

On The Price Of Gold

http://youtu.be/B2y2SMzjQ9w

The Great Escape: Delivering in a Delevering World

The world's biggest bond fund manager is telling investors to run towards commodities (or tangible assets).  Commodities are basically the antithesis of bonds, so readers may want to read up on Bill Gross' letter to shareholders before dismissing his investment thesis.

http://www.pimco.com/EN/Insights/Pages/The-Great-Escape-April-2012.aspx

“We have entered the most favourable era for gold prices in our lifetime…”

http://www.sovereignman.com/expat/we-have-entered-the-most-favourable-era-for-gold-prices-in-our-lifetime/

The Yen's Looming Day of Reckoning

I've always said the Japanese bond market would collapse, as will it's economy.  I've been wrong up until now, but it's looking more and more probable.


http://english.caixin.com/2012-03-23/100372177_all.html

Jon Corzine -Taking Care of His Friends With Insider Connections

http://millergd.blogspot.com/2012/03/john-corzine-taking-care-of-his-friends.html

Brics’ move to unseat US dollar as trade currency

http://www.citypress.co.za/Business/News/Brics-move-to-unseat-US-dollar-as-trade-currency-20120324

An Annotated Paul Brodsky Responds To Bernanke's Latest Attempt To Discredit Gold

http://www.zerohedge.com/news/annotated-paul-brodsky-responds-bernankes-latest-attempt-discredit-gold

“First they ignore you, then they laugh at you, then they fight you, then you win.”
- Mohandas Karamchand Gandhi

"Our business, as fiduciaries, is allocating capital based on relative value within the macroeconomic environment we see as likely. In our opinion Mr. Bernanke’s lecture last Monday perpetuated bad or unimportant data, implied impossible outcomes, and was quite self-serving in its conclusions. His description of history was incomplete, his extrapolations were baseless, and his arguments were quite weak. (Ultimately we believe Fed policy will migrate -- or be suddenly reversed -- to meet the consequences of its current policies.)

As we pointed out only a few weeks ago following Warren Buffett’s unsolicited gold comments, (“Golden Boy”), and in December 2009 following Nouriel Roubini’s assertion that a gold bubble was about to pop (“Roubini Rebuttal”), gold is simply money - a savings (not investment) vehicle, a means of storing purchasing power in a time of paper money dilution. That’s it. Central banks compete directly with gold ownership because they manufacture competing savings vehicles in the form of baseless paper money. For the past twelve years global wealth holders have been converting their savings in increasing amounts from paper media of exchange (or financial assets denominated in them) to gold and natural resources. Why? Because central banks must dilute the purchasing power of their currencies to de-leverage the global banking system. 

They can’t dilute gold. Has anyone asked why so many powerful people are going out of their way to discredit an inert rock? We think it comes down to maintaining power and control over commercial economies. After professionally watching Fed chairmen cajole, threaten, persuade and manage sentiment in the markets since 1982, we argue this latest permutation is understandable, predictable and, for those willing to bet on the Fed’s ultimate success in saving the banking system (as we are), quite exciting. Gandhi’s quote above rings true. Gold is no longer being ignored and gold holders are no longer being laughed at. “The Powers That Be” seem to have begun a campaign to discredit gold."

Gretchen Morgenson: Wall Street Really Does Enjoy a Different Set of Rules Than the Rest of Us

http://www.chrismartenson.com/blog/gretchen-morgenson-wall-street-really-does-enjoy-different-set-rules-rest-us/72774

Tungsten filled Gold bars

More tungsten-filled fake gold bars have shown up, this time in the United Kingdom, instead of Germany.  This will prove to be the tip of the iceberg, as this gold bar came from a bank in London.  Who knows what is in those secret vaults globally?

For your information, as we reported in 2009, the reason why fake gold bars are filled with tungsten is due to the similar densities between gold and tungsten.  Hence, tungsten is often used to counterfeit fake gold bars.  Caveat emptor.

http://ausbullion.blogspot.com.au/2012/03/tungsten-filled-gold-bars.html