Random Thoughts from an Organized Mind

Wednesday, October 3, 2012

The Real Reason Behind War

This is an interesting insight on war--from a Canadian.

http://www.mises.ca/posts/blog/the-real-reason-behind-war/

Chart Of The Day: America's Debt Crisis - Who Really Is Responsible?

The answer is both parties. Here's a homework exercise for readers. Superimpose the chart for the price of gold in the last decade and compare its trajectory against US national debt, and ask yourself if there is a correlation.

http://www.zerohedge.com/news/2012-10-03/chart-day-americas-debt-crisis-who-really-responsible

IMF chief economist says crisis will last a decade

Wow, an IMF Chief Economist spewing the truth--even if it understates the ramifications on social order.

http://uk.reuters.com/article/2012/10/03/uk-imf-economy-blanchard-idUKLNE89201S20121003

In Harbinger Of Things To Come, UK Weathermen Sued Over Pessimistic Forecasts

http://www.zerohedge.com/news/2012-10-03/harbinger-things-come-uk-weathermen-sued-over-pessimistic-forecasts

Tuesday, October 2, 2012

The welfare-warfare state, Keynesian economics, and the Council on Foreign Relations are going to suffer major defeats when the economic system finally goes down. The system will go down. It is not clear what will pull the trigger, but it is obvious that the banking system is fragile, and the only thing capable of bailing it out is fiat money. The system is sapping the productivity of the nation, because the Federal Reserve's purchases of debt are siphoning productivity and capital out of the private sector and into those sectors subsidized by the federal government.

This Is Why High Frequency Trading Will Never Go Away

The short answer is high frequency trading algorithms make too much money for the exchanges and the financial elite for them to be banned by the captured regulators. Hence, the regulators' charter to protect investors is thrown out the window. Carry on--Sky Net is upon us.

http://www.zerohedge.com/news/2012-10-02/why-high-frequency-trading-will-never-go-away

If You Prop Up an Artificial Economy Long Enough, Does It Become Real?

http://www.oftwominds.com/blogoct12/artificial-economy10-12.html

The World Bank's Modest Proposal: Create 600 Million Jobs In 15 Years And All May Yet Be Well

http://www.zerohedge.com/news/2012-10-02/world-banks-modest-proposal-create-600-million-jobs-15-years-and-all-may-yet-be-well

China Just Killed All "China Bails Out Europe" Rumors For Good

http://www.zerohedge.com/news/2012-10-02/china-just-killed-all-china-bails-out-europe-rumors-good

"China would be interested in buying into a Eurobond backed by core euro zone countries and considers investment in bonds issued by heavily indebted European countries unrealistic, a senior official with China's $480 billion sovereign wealth fund said. Jin Liqun, chairman of the supervisory board of the China Investment Corporation (CIC), said until fundamental problems of fiscal, social and monetary policies in euro zone countries burdened by debt are solved, there could be no investment."

"At SAC It Was Understood You Provided Steve Cohen With Inside Information"

A few years ago, no one dared even to mention Stevie Cohen's name, for fear of retribution (and rumors he was connected with organized crime). Now his name is being brought up again and again, with allegations of insider trading amongst his network of hedge funds. Go to Deep Capture and now these entries from zero hedge.

http://www.zerohedge.com/news/2012-10-02/sac-it-was-understood-you-provided-steve-cohen-inside-information

From Currency Debasement To Social Collapse: 4 Case Studies

http://www.zerohedge.com/news/2012-10-02/currency-debasement-social-collapse-4-case-studies

The Arguments Against a Silver Manipulation

http://www.silverseek.com/commentary/arguments-against-silver-manipulation-6656

Spanish Authorities Are Locking Up Trash Cans To Prevent People From Foraging For Food

http://www.businessinsider.com/spanish-authorities-are-locking-up-trash-cans-2012-9#ixzz27wniPlJX

Vivus’s Weight-Loss Pill Covered by Insurers 30% of the Time

http://www.bloomberg.com/news/2012-10-01/vivus-s-weight-loss-pill-covered-by-insurers-30-of-the-time.html?cmpid=yhoo

PIMCO On Gold - The Simple Facts

This is a reiteration of the outlook of gold from PIMCO. They manage the world's largest bond fund, with over a $1 trillion in assets under management, which means their client fees are probably in the billions. Chairman Bill Gross is a billionaire many times over. I've been making these same observations on gold for several years on this blog--for free. And at much lower gold prices. Call this gold bug an early adopter, with the foresight to see the financial storm before most, while ignoring the propaganda put forth by our government officials, the banking cartel, academia, and complicit mainstream media outlets.

Frankly, the SMART money has been on the gold bandwagon for a decade--against a sea of skepticism. As contrarians, we like taking unpopular positions, because we understand the madness of manias (and the math behind them). The BIG money is slowly but surely moving in the same direction, driving up prices in controlled fashion. However, expect high volatility going forward, as the big manipulators attempt to short the paper markets, while physical demand for gold and silver bring in bids on market dips. It will be a war of attrition, with market forces eventually overwhelming the short-term manipulators. And expect the DUMB money to be buying gold and silver at much higher prices.

http://www.zerohedge.com/news/2012-10-01/pimco-gold-simple-facts