Tuesday August 31, 2010
is the Herd who makes the profit of our readers and it is the same Herd
who takes the loss.
There are thousands of Investment
funds and instruments (mostly managed by banks] which all try to do the
same: loosing money!
The joke is that
we have a growing number of Investment funds pretending to do better than
the others... (Financial Newspapers need dozens of pages to list most of
them)...but each time there is a crash, they ALL loose their customers'
pants! Logic because they all belong to "the Herd" chasing the same
investment opportunities. By definition this must end up in loosing money.
The lack of excitement in the
Natural Gas section clearly proofs the worsening state of the World
Expect heavy inflation: The
Reuters CRB (commodity) index has broken
out of a dangerous looking formation
and doesn't spell
a lot of good for the near future. As a matter of fact it looks extremely
bullish = we expect a fast growing Inflation. We have a similar picture
(precursor for Gold and Silver). The
looks even more frightening...I wonder how the Authorities will be able to
window dress this?
are oversold and back in BUY territory.
Crude Oil is a BUY!
Glenn Beck calls for National revival.
gathered in Washington in front of the Lincoln Memorial. Americans know
something has to be done to stop the madness...more
It would be
nice if those in the press understood Government Statistics and were able
to straighten out the mess of the figures
the reason why there is so much static and why so
little people really understand what is happening.
Something that is misunderstood by many is the Current Account
surplus: If a country's current account moves into a big surplus, it means
the rats are abandoning the ship or that foreign investors are selling the
assets and taking the money back home. [or the opposite of
what the figures seem to be]
plays an growing role as people start to hoard Old
Barbaric Money (Gold and Silver) instead of the worthless Fiat money
printed by the Authorities. In Gresham's time debasing the coinage caused
people to hoard older, purer coins. Today is not different...only the real
rush out of worthless money and into Real Money and Commodities still has
budget should be balanced, the Treasury should be refilled,
public debt should be reduced, the arrogance of officialdom should
tempered and controlled, and the assistance to foreign lands
should be curtailed lest Rome become bankrupt. People must
learn to work, instead of living on public assistance."
Monday August 30, 2010
MULTI DOLLAR QUESTION is how to invest your assets/savings so they will
survive the coming Hyperinflationary depression.
The answer is not an easy one. Following sections provide an answer but
we advise to contact us for an appropriate tailored assistance:
Crisis Investing One,
Crisis Investing Two,
Crisis Investing Three,
Crisis Investing Four
(or how the experience of the Chilean Hyperinflation can
help you in the near future)
newsletters offering 'Top Picks' will disappear into nothing once the
hyperinflationary depression starts.
survive the coming Hyperinflationary depression, one first must have his
assets invested in such a way that there are not lost when it all
starts. Next one must ensure the assets are invested in such a way that
the Authorities cannot take these away and that they profit from the
depression and blossom afterwards.
is function of human psychological priorities and these change as we
enter a depression.
DEMAND and SUPPLY are no more
function of Quantity but rather
the result of human
psychological priorities: once we enter a
depression, people's 1st priorities are water, food and energy.
Therefore even with a rising demand, prices of Houses and land crash.
keeping interest rates artificially low, the Authorities are
destroying the very base of capitalism
where capital must be formed before so it is available for cheaper
production. Today's interest rates are artificially kept at historical
low levels in an attempt to keep
Non-Self destructing credit
alive (there is a difference between
destructive non-self destructing credit
like mortgages and government debt)
psychology is also the driving force behind the price formation of
By accumulating barbaric money, people secure their future need for
water, food and energy.
This means that whatever the supply is and whatever manipulative
action is undertaken by the Authorities, the price of Gold and Silver
is bond to rise even more as the Public senses the system is falling
What is sold by the Media over the past weeks not only makes me sick,
but also make me throw up. By selling this huge lie the weakest of the
society will be affected most.
Gold & Silver
Junior's section we are deleting the
BANKS had to be closed down in the USA last Friday:
Sonoma Valley Bank, Sonoma, CA Los
Padres Bank, Solvang, CA Butte
Community Bank, Chico, CA Pacific
State Bank, Stockton, CA ShoreBank,
Chicago, IL Imperial
Savings & Loan Association, Martinsville , VA Independent
National Bank, Ocala, FL Community
National Bank of Bartow, Bartow, FL
Friday August 27, 2010 - We appreciate the
many emails we receive from our readers and understand that at this
point a personal contact becomes extremely important. We shall reply to
the mails as soon as possible.
Today it is more than ever IMPORTANT is not
chase profit(s) but rather protect your savings/assets.
bankers are meeting in Jackson hole.
really is not a lot they can do at this point as we have passed the
point of no return. Apart from emotional senseless daily
World Financial markets
will continue to react under pressure
Quantitative Easing and the
(Hyper) inflationary depression. Best case scenario
we slide slowly towards an apocalyptic situation. Worst case scenario it
all happens over night and bankrupt the unprepared investor/saver. More
than ever it becomes important to reorganize your savings according to
our Investment roster and SIT TIGHT. In order to sit tight one must
UNDERSTAND (or at least try to) what is happening.
Understanding will ensure you
stay away from the Herd, Propaganda and Static.
media sniff the Interest Rates will start to rise under pressure of the
natural economic Forces.
Central bankers will do ALL within their power to avoid this, but can do
this only for so long...like they only can manipulate the price of Gold
for so long. Once the natural economic forces take over, only CERTAIN
INVESTMENT VEHICLES will survive.
will one of the first to crash....
expressed in Real Barbaric Money clearly shows the ongoing
crash of the financial markets.
In the Bond section we have a chart of Bonds expressed in Barbaric Gold
showing the ongoing crash of Bonds (even at a point where there are sold
at historic high prices).
What I don't understand is that people
pay fortunes and spent hours to find out which Stocks/Bonds they should
buy but omit to express their profits in Real Money!?
above reason we really aren't spooked by the latest Hindenburg Omen.
We're OUT of these markets since long!
is backwardization of Gold and Silver one knows the physical markets are
winning from the paper markets!
Thursday August 26, 2010 -
We become tired of repeating ourselves over and over again...and
often we feel
like we are some Don Quichotte fighting Wind-mills. What is wrong
with the Investor? Why do we have this never ending repeating story!?
It took time but finally the consequences of the
Artificially low interest rates starts to hit the front pages. As
explained weeks ago not only
have problems but we now have reached a point where Re-insurance co's
are flashing a red light.
Several Insurance co's have actually
decided to stop selling insurance policies. It seems that the
Authorities are scarifying the Financial sector for it's own survive (at
least this is what they are trying to).
been advising our customers and friends to buy
Silver, Gold and Silver mines
from 2001 on.
At that time one could buy Gold for $
250 and Silver for $ 4. Today Gold sells at $ 1,250 and Silver at $ 18.
Gold has gone up by a factor 5 and Silver by a factor 4,50 .
2008 we had a severe crash of the Stock markets and
Real Estate market
bubbles busted. In the best cases turnover on the Real Estate markets dried up and
the bubble started to bust.
Though there are several real life proofs
that we go through a paradigm shift many investors refuse to adjust their
investment policy and are sinking together with the Financial
Investment advisors/newsletter editors incorrectly think that they can
and will outperform the financial markets by trading a Secular Bull
trend. Such is absolutely incorrect and our portfolio proofs it.
Investing today is aligning your savings in a specific way and once this
has been done, one only has to wait until the Herd moves in...
Wednesday August 25 -
When governments do not think it necessary to accommodate their
expenditure and arrogate to themselves the right of making up the
deficit by issuing notes, their ideology is merely a disguised
Bernanke has little sense of the damage he is about to provoke. A
central banker who talks about throwing money from helicopters is not
only arrogant but foolish. Nearly a century ago, the great economist
Ludwig von Mises
observed that massive central bank easing is invariably a form of
cowardice that attempts to avoid the need to restructure debt or correct
fiscal deficits, avoiding wiser but more difficult choices by instead
destroying the value of the currency.
Von Mises wrote, "A government always finds itself obliged to resort to
inflationary measures when it cannot negotiate loans and dare not levy
taxes, because it has reason to fear that it will forfeit approval of
the policy it is following if it reveals too soon the financial and
general economic consequences of that policy. Thus inflation becomes the
most important psychological resource of any economic policy whose
consequences have to be concealed; and so in this sense it can be called
an instrument of unpopular, that is, of antidemocratic policy, since by
misleading public opinion it makes possible the continued existence of a
system of government that would have no hope of the consent of the
people if the circumstances were clearly laid before them. That is the
political function of inflation.
loves putting all its eggs into one basket and enjoys siesta.
We already informed you about the super-stupid way Spanish banks got
involved in the Spanish REAL ESTATE bubble and persisted....
Unfortunately they haven't showed the back of their tongue... , and if
it carries on like this, we may start to see a lot of Basques and
Catalans crowding into one exit. The state pension fund – the
€64bn Fondo de Reserva, known as the ‘hucha de las pensiones‘ – is
buying Spanish sovereign debt at a vertiginous pace. ...monetization
Hecho in Espana!
of the Silver shorts must have been frying yesterday....this
happens if you behave in an irresponsible way and you keep tuning in to
the Propaganda of the Authorities and Banksters.
STUNNING Silver Rally Off Lows
Sets The Tone For Precious Metals Price Explosion
and central Banks manipulate Gold and try to destroy it.
USUAL and as history teaches us, it is the fundamental natural economic
forces which make the price of something. The longer Government and
Central banks suppress a price, the more violent and dramatic the
Tuesday August 24 - Once the West tanks,
the East (China and India) will tank exponentially !
least half of the apartments in Shanghai and Beijing are empty,
the China Daily reported today, citing an online
investigation by volunteers conducted in 100 Chinese cities. No Real
Estate boom grows all the way into heaven...not even in China and
certainly not in Belgium!...more
Forget the double dip 'THEY' try to sell you. This will be a
hyperinflationary Depression and Commercial Real Estate confirms our
point of view.
Aug. 19 (Bloomberg) -- U.S. commercial
real estate prices fell the most in almost a year in June as the
economic recovery showed signs of faltering, Moody’s Investors Service
The Moody’s/REAL Commercial Property Price Index dropped 4 percent from
May, the company said today in a report. The decline was the biggest
since July 2009, and pushed the gauge down 0.9 percent from the start of
We don't like what we see when we look at our charts in the section
World Stock markets.
Assuming gold and Silver start to move upwards in an
exponential way, the Dollar will crash and the World economy will slide
into a clearly defined Depression which will probably be worse than the
1920-30 depression. As usual the Herd knows better and doesn't believe
"IT" will take DRAMATIC proportions. Better be warned and prepare NOW.
Once the black Swan accident happens it will be too late. People will
loose their life time savings in a fraction of time...because of the
hyperinflation and price controls RENTS will be barely enough the buy a
bread and Pensions will barely suffice to buy a bottle of Soda.
In Turkey Unemployed people who are not job hunting are also not
considered as unemployed.
Even a member of a
household only working for one hour per day is not considered as
unemployed by the authorities. Employed people earning 250 liras (€ 100
- $ 150) per month also don't make part of the official statistics. This
is how easy it is to cook the figures. Some sources mention a 60%
unemployment rate. Such situation could become explosive...more
Monday August 23 - - Last Friday 8 banks
had to be closed in the USA ! - Tout va tres bien Mme la Marquise...
The situation becomes extremely dangerous. Interest rates have been
artificially pushed down to zero levels and the day is close the forces
of nature will bust this bubble and the
Bond market will crash....Once
this happens we will know the Hyperinflationary depression will begin,
pension funds and insurance co's will go bankrupt....World Stock markets
will suffer dramatically because of this final deleveraging...Gold and
Silver will disappear from the market as the Bad money will chase the
For weeks now we have been warning that we don't like what we see
when updating the section of
World Stock Market indexes.
Today ain't different! If you go through ALL charts in the section, it
becomes easy to see what's about to happen in the near future. A Chart
tells a thousand words, 100 charts tell 100,000 words...and that's a
The Monetization of Debt has started. We now only
have to wait until this seeps through the Herd and it initiates
it then so hard to understand the Fed is buying its own debt through the
Even as the public debates aggressively on the
nature of bond bubbles and whether they have a footing in the US
economy, Tim Geithner's office has no intention to discover the
denouement of this particular polemic, and instead is preparing to
belch the lastest batch of US-backed paper. In the upcoming week the
US Treasury will issue a total of $102 billion in 2, 5 and "curve
sweetspot" 7 year notes, with nominal amount all in line with
And in the unlikely event that China decides to
reorient its purchases to even more non-US debt and sell existing
holdings as it did in June (previously
discussed on Zero Hedge), there is always that UK-based nest of
direct bidders who just can't get enough of their own, pardon,
holdings of over $360 billion and rising, the otherwise insolvent UK
needs just $440 billion to become the second largest holder. And since
it has purchased
$280 billion in the last year alone,
the probability that the Fed, pardon, the UK will soon be the second,
and possibly biggest holder of US debt is distinctly possible...
One single universal currency is nothing but a wet dream of
It is a much a wet dream as it was to
unite Europe and such is (anybody with some brains left understands)
economically impossible and unproductive. The strength of the World
lies in its diversity...Gold is the ultimate Barbaric money and
history teaches us not one King, Queen, Ruler or politician has been
able to overrule the final will of The People.
Welcome to the DIS-SERVICE SOCIETY. It takes up
to 2 days to change an intercontinental flight because of language
barriers and the incompetence of the employee in the call center!? It
can take up to 2 hours to buy an airfare for a continental flight!?
How the heck can a society function profitably with a bunch of
incompetents trying to run it?
Friday August 20 - What is
coming is more sinister and less understood than the 1929 experience -
Joe Average and a politician stand on top
of the World Trade Center.
A wind gust blows them off.
Joe immediately sees he's gonna die and
starts to pray.
The politician can be heard saying: "Well
so far so good" as he passes the 4th floor.
U.S. and EU/European government intervention and manipulation have
become pervasive in the stock market, economic data,
and the price of gold and are making things so much worse than would
have been the case if the markets had been allowed to purge their
"Nothing is real and honest in the U.S. economy and financial system;
it is a chimera, built upon lies and manipulation conjured by the ruling
elite." [Ian Gordon]
Another example was the publication of the US
industrial production. ..
reported that industrial production was up 1.1% in July and this got all
the media headline attention. Stocks rallied on the bullish news
implying economic recovery.
Buried in the
coverage was that June’s number, originally reported as an increase, was
downwardly revised to minus 0.5%.
It's not the price of Gold which is rising but the integrity of fiat
paper money which is falling.
1971 Nixon closed the
and ever since the Authorities
and (central) banks have been doing all the can to keep the bankrupt
financial system afloat. 1981 the system almost collapsed. It was saved
by Paul Volcker's bell. Today such action has become impossible.
Whatever is written and said we have passed the point of no return and
are heading straight to a new financial black Swan.
They try to re-invent the EU (the Romans, French and Germans already
were pursuing one Europe) in the name of Globalism
(dangerous). They introduce the
Euro and by doing so "steal" an
important amount of your savings and money. Next they appoint thousands
politicians and built Palaces for
them...and before you know they introduce an
European Federal tax....This
is how far you can push the Herd...You can even push them so far that
they go out and give their live!
Failure of London/New York Gold
Had a trader consistently bought gold on the London
AM Fix and sold it the same day on the London PM Fix and repeated it
every day from April 2001 through to today the cumulative loss would be
$500 per ounce. Yet gold has been in a bull market during that time and
a "buy and hold" strategy over the same time period would have returned
a gain of $950 per ounce.
Central Banks and Banks are in DEEP TROUBLE.
GATA's Adrian Douglas in support of his forecast that the latest central
bank gold price suppression scheme is "on the verge of the most
spectacular failure." Macleod writes: "Here is a major banking crisis in
the making, mainly as a result of the central banks' continual attempts
to rig the market finally coming to a head. It is a time when the whole
idea of a world monopolized by fiat currencies is losing credibility."
quietly raises its prices - some prices hiked over 60% !
Wal-Mart Stores (WMT), which for years has touted its
prowess at lowering prices, has been doing the opposite as it tries to
bolster its bottom line amid stagnating sales.
Amazing is that they have been able to window dress the dramatic
American financial problems by citing all the problems of the European
FPIIGS knowing that the US fiscal and monetary
conditions which are backing the Dollar are far worse than what is
happening in Europe.
If the US government would follow the GAAP
accounting rules the Gross National Debt would exceed $70 trillion, not
$ 13 trillion
living in Europe seem to be so blind that they can only see the deluge
Euro. Those living in the USA only see the end of the
Dollar!? We know which Fiat Paper money
will win the race to ZERO and it will not be the Euro!
Wall Street tumbles, spooked by shock US jobless, manufacturing
data...we warned you over and over that we did not
like what our charts showed us...more
Thursday August 19, 2010
Erdogan gets an "EVET" (yes) as an answer to the referendum
which will be held in Turkey on September 11, the country will end like
Venezuela did after Chavez got his way a couple of years ago:
today in Caracas there is no water service and only 4 hours of
electricity a day! Chavez litterally f@#$%&d up this beautiful country.
We would have been far better off if the Bank/Financial industry
would resemble to the internet business where a defaulting node is
directly replaced by a new one.
is exactly what is done by keeping the too big to fail alive] reduces
volatility (short term boom and busts) and so creates the illusion of
stability. It looks like a sand pan in the desert (harmless) but kills
as you drive into it. Today almost all banks are interrelated. If one
fails, they all fail...we live in an extremely dangerous time!
Because the accident will happen FAST and UNEXPECTED, today, more than
ever one MUST organize his savings in a particular way.
The more socialist a country's orientation, the easier it is for
large corporations to survive (they resemble the self
preserving government monster and its bureaucrats) and the harder it is
for newcomers to grow, blossom and survive because protective socialism
kills them in the womb. But comes point where large corporations cannot
survive because the cost of energy becomes too high (complex societies
never survive expensive energy).
The price of Food commodities continues to rise and is giving the
Authorities a headache as it makes it hard to
camouflage the Inflation figures.
Don't forget to check and recheck our Gold and Silver share
Gold and Silver shares and a real life scenario.
$-gold closed at $ 1230 per ounce! ...I
make this statement specially for all those who in 2001 declared I was
an idiot because I advised to buy gold (and silver) and for those "Wise
noses" who affirmed $-Gold but also €-gold would never break through the
1,000 level! For the same wise noses, I reaffirm gold will trade at $
1300 and $ 1450 soon.
president of Argentina
[Cristina Fernandez de
Kirchner took over from her husband] has a face and the name
of an Angel but in reality she's worse than the devil.
Argentina has - like most countries do - been cooking the
inflation figures. Nevertheless the situation in Argentina is extremely
bad. The inflation is world's 3rd highest. According to private
consultants in Buenos Aires and some provincial governments which have
their own statistics offices, Argentina ranks third in the IMF inflation
list which has
Congo with 31.2% at the top followed by
President Hugo Chavez Venezuela with 28%...more
Goldman tells its "Special Clients" to sell gold even as it raises
its target on Gold and even as Gold resumes its uptrend.
This is the STANDARD SERVICE you
get by consulting this kind of financial advisors... by doing so, you
pay for their year end bonuses, marble buildings, Five star Hotel
expenses and secretaries...very expensive compared to the € 295/$399 we
charge as a basic fee to our subscribers. We actually started to advice
to buy Gold in 2001 at $ 250 (less than the subscription charge) and are
100% sure the price will go up at least another $ 399. If you think
we're not worth it, and prefer to listen to the advise? provided by
Goldman Sachs, Fortis, and others...we wish you good luck.
Wednesday August 18, 2010
who try to make some fast cash should better buy a trip to Las Vegas or
Investing is not about
making a quick deal. Those who were in for a quick profit LOST A
LOT in 2008. Those who did not understand we have a paradigm shift lost
their pants in 2008 [Bank shares simply crashed]. Those who have been
waiting for a quick deal and a quick profit by buying
gold and silver
shares [partially updated] have se far
been unlucky. Their investment strategy however is correct and we only
need some time before these shares will come alive. Once they do, these
most FAST and VIOLENT. The chart of
RandGold is very
consistent. At this time one of the better ones [when expressed in
Royal Gold are better performers.
All by all the objectives for our selection of Gold and Silver shares
As usual at
this time only a fraction of investors understand this....
Weird is that certain Sport stars and Automobile racers have become
active again...do they have an unexplained urge to
recover some important losses of their savings because they were not
invested properly and/or left the management of their savings in the
hands of bankers?
are REAL ASSETS.
Because of this the
Dow and the SP500 will go up when the Dollar falls and come down as the
Dollar rises. Because of this Stock are a safer investment than Bonds!
Banks and Financials
are bankrupt and rotten to the core.
We have updated
the charts in the "Financials" section and we don't like what we see.
In the Gold
and Silver juniors' section.
Shore Gold, First Majestic Silver, High River Gold, Great Basin,
Anatolia,...DURING THE MONTH OF JULY WE HAD VERY CLEAR BUY SIGNALS (see
Oil stocks and drillers are still
Not a lot of excitement here....Except for
those who followed our advise and bought
BP shares during the
worst of the Gulf of Mexico oil spill and took action after the bullish
REPSOL became evident.
€/$-Oil is still in an uptrend and is
building a dangerous explosive Triangle!
Tuesday August 17, 2010
Gold will continue to rise to new all time highs! Banging the close
is illegal, manipulating commodity prices is illegal, usury is immoral,
Ponzi schemes are illegal and immoral, Stress Tests are big joke...and
yet all of these are being practiced by the Authorities and the Gold
pool II. They will continue to do so until they loose all grip on the
Gold and Silver price. Manipulation of the truth has been done for
centuries so the Herd could be mislead. Today is not different. The
longer the Gold and Silver price is manipulated down the more powerful
the upswing will be! For this reason you must make sure you're IN NOW!
Paper Gold and Paper Silver and double counting are also used to
manipulate the real physical market. And they are a
The Federal Reserve Bought Approximately 80 Percent Of U.S.
Issued In 2009.
No wonder Treasuries are almost at an
all-time high!...[we'll soon find out how much treasuries the Fed bought
in 2010....all done with paper money - off course -Why is it that they
can do something we would be locked up for ? !..more
European/Belgian interest rates on Government Bonds slide
(read: are being manipulated) under the 3%...Don't
buy any unless you want to commit financial suicide.
Turkey lived a hyperinflation in 2001 and since the economy has
highly improved... Turkey is
the South Africa of its region and it has a young population...more
Monday August 16, 2010 - Gold is on the
cups of a parabolic move-up!
Ignorance creates Chaos.
Many people automatically
JUDGE but in their arrogance they have not the slightest idea they are
wrong. During this action they feel good because they are supported by
the Herd which moves into the same direction they are moving in. By the
time the Herd realizes it is acting incorrectly, it is too late to
act...[I've seen and heard European people judge about the Americas:
they NEVER visited the USA nor do they speak nor understand
Goldman Sachs goes Goo-Goo for
Gold!? We went Goo-Goo for Gold in 2001
when you could buy it for $ 250...poor Goldman and
poor investors following Goldman. Goldman dedicates 9 pages to a regime
change in which it goes openly bullish on gold.
If there is one flashing red light saying the peak price for any asset
has been hit, it is a Strong Buy signal by Goldman. The report will
likely result in a brief pop in spot over the next 24 hours as the idiot
money rushes into the latest Goldman trap. Alas, it also means
that GS is now offloading. Be very wary of market dynamics over the
coming weeks! Unbelievable is that so many investors which have already
been robbed by Banksters and Financials keep on doing so....What is
wrong with these people? Why do they keep trusting the Devil? Use ANY
DIP to add to your Gold and Silver positions!
The next bubble to bust is the
Bond bubble (which are in a parabolic
spike) and for northern European countries we now have a busting Real
Estate market...and still, many investors keep buying
Real Estate!? What is wrong with these people? A house in nothing
more than bricks and mortar and these also war out and get old..
bond index has rise from 110% in July 2010 to 133%.
A bubble in the make it is!
The charts in the
section have been updated.
As usual our charts of Gold expressed in
confirm each other and the supremacy of Gold.
Friday August 13, 2010 - All is well
Mme La Marquise. People line up for housing vouchers, banks go bankrupt,
the Fed admits it will get worse and the double dip bubble will bust
into a Depression. The Dollar correction is nothing more than a dead cat
bounce...repatriation of funds by a dying financial system!
line up for housing vouchers, some get rowdy...more
Fed Looks to Spur Growth by Buying Government Debt = monetization
of debt = initiation of the Hyperinflationary depression!
Oh yes, we're stupid narcissists who like to see
ourselves talk. But what we write is correct and it ALL takes into
account the ECONOMICS of REALITY and not the fairy tales of Keynes and
other monetarists. Better keep your breast wet and your Gold and
Obama will provide another $ 3bn (Quantitative Easing) in housing
aid for unemployed.
The administration was required
to launch the HUD emergency loan program by the financial regulatory
signed by President Barack Obama last
America today looks like the USSR in 1998. It is a bankrupt Mickey
Our view is that the USA will bust into a
Hyperinflationary Depression before Europe does. Dangerous is that the
Social Mattress of Europe won't allow the old lady to recover and that
she could well pass away and slide into a Moroccan theme during the
coming years as the
Pension funds (Europeans must be very naive
to believe their pension is safe!) and other social advantages are
wiped out by the financial crisis. The American society is extremely
flexible and there is little doubt the USA will recover a lot faster.
Thursday August 12, 2010 - Yesterday we had
extremely nervous Forex markets....
(NE Malaysia) is the 1st country
re-introducing Gold and Silver as Money.
introduction of Gold Dinar and Silver Dirham in the state of Kelantan is
not a new idea or experiment, it is the return to the medium of exchange
that has been known for 1400 years throughout Dar al-Islam as Money of
Shariah taking its legislation from Allah’s Revelation and Rasul’s
Sunnah. On the 12th August the government of Kelantan will start moving
with the current, Divine Current, and every stroke in the direction of
the current would bring Kelantan 10 times farther than a stroke against
it; the first stroke will be the payment of 25% of salaries to public
servants in Dinar and Dirham; all state companies will be accepting
payments in Dinar and Dirham is another stroke; 600 shops will receive
stickers “We Accept Dinar and Dirham” – yet another stroke...more
This summer will be a last call for Gold and Silver shares and
2001 in Turkey a used color television set sold for 30,000,000 Lira
Most people could not even afford one...2010
most investors living in the Western World can (just like the Turks and
later on Zimbabweans) 'believe' it's impossible to see similar life
No surprise to us the World Stock Markets were weak.
On many occasions we wrote we didn't like what we saw and
we think there is little to add as we don't fill in the picture AFTER
the facts like most financial newspapers and newsletters tend to do.
We try to be
consistent with our advice!
It is absolutely no surprise to see the
Dollar index and Euro correcting
non-stop slide and landing on the 200 day Moving Average. Important is
to stick with the medium and long term picture.
€-gold shows a
break away gap.
Seems the Gold train signals the time
has come? History is being written....and few who see it. If investors
would UNDERSTAND it, it would be impossible to buy ONE TROY OUNCE of
Wednesday August 11, 2010
Fed to spur growth by buying more debt...Quantitative
Easing or printing money leads to Hyperinflation and not to deflation...more
Printing money just adds more fuel to the hyperinflation fire!
“Financial Armageddon . . . within the next six months to a year and
a collapse In Internet Time.” Never in US
history has a recession struck after several extended months of
emergency ultra-low interest rates.
will be the first such occurrence. The policy response from the USFed
must therefore be limited. They cannot reduce the official interest
rate, unless below 0% (which did happen briefly in Japan). The nation
stands on the doorstep of hyper-inflation. The only available tool
within the USFed tool bag is Printing Pre$$ activity, pure monetization
of both USTreasurys and USAgency Mortgage Bonds.”
[Williams-Shadow Statistics] -
In the EU by 2012, all stocks and bonds MUST be digitalized and safe
kept by Banksters. As of that date any debt
moratorium, capital gain tax, private pension fund confiscation and
WEALTH TAX can be done automatically with the assistance of the Banks.
A General Wealth Tax for the EU is highly probable.
Know that in the past Politicians went so far to tax a
house by the number of windows it had and that they even taxed
completely impossible to deflate a house or land and to hide it in a
We're still in OHLALA land of misleading propaganda. It's called a
double dip recession which in fact if already becoming a Depression.
Private bankruptcies are on the rise, the private sector
is still NOT hiring, in the USA food stamps use are at record high and
in West-Europe most Vacation spots are deserted. Scaring it is.
Analysts in the West are paying insufficient attention to commodity
price inflation generally.
The dollar will take a short walk off a tall building a lot sooner
Gold is taking off and on its way to $ 1300 and $ 1450!
Gold and Silver are not a revolution, they a merely a
return to the true nature of mankind. Every day it becomes more clear to
the many that we are faced with two choices, between true and false,
between instability and stability, between inflation proof and
inflation. What will you choose?
Tuesday August 10, 2010
Gold and Silver are extending their bull run.
this point it is extremely important to follow closely how Barbaric
money is behaving as it can possibly engage in a accelerated pattern and
to make sure you follow closely the guidelines of our
BIS gold swaps mystery is unraveled.
and Société Générale are (off course) the three banks which were
Those who are still in denial and/or have no gold and
do not plan to invest in Gold should be aware that the Bank of
International Settlements (BIS) have increased its Gold holdings by 5
since the beginning of 2010!
The BIS is very well informed about the dramatic
dangerous financial position of the Western world financial system and
it should be noted that they also increased their Gold position before
the actual peak of Gold in 1981.
The chart to the left is EXTREMELY bullish for Gold
which is actually also going through some very important short term
Extremely dangerous for non allocated Gold holders is
that about 400 Tonnes has been transferred from a few (unreliable banks)
to the BIS.
Anyone who doesn't understand that the COMEX is a manipulated
illusion isn't paying attention.
More and more
investors around the world are coming to understand this, which is why
there is a movement into the physical. Real gold versus paper gold --
which do you own? [Michael Kreiger]
I think it's insane for anyone to have gold within a bank.
The banks identified in the swaps were HSBC, Société
Générale, and BNP Paribas. These banks are swimming in structured
products and Gold and Silver ETF's.
The entire purpose of gold is to
escape the banking system once it becomes so big, complex, and
fraudulent that there is no place to go but collapse upon its Ponzi
Monday August 9, 2010
Going through life without traveling is like walking through a
library without reading a single book.
As long as you
have not experienced certain other parts of the world and different life
styles, you will never be able to really understand these.
Investing like your parents did without making your home work and
taking into account the paradigm shift
is like visiting a library without reading a single book. There is no
doubt such is extremely hazardous to your financial health. Especially
if you stay invested in Real Estate, Bonds and Cash.
A major problem is that many investors incorrectly 'Think" they are
and don't need the opinion of a
professional because they were - at a certain point in their life -
lucky enough to collect an important amount of money/savings. These can
and will be lost overnight in case of a financial accident. Examples are
the Weimar Revolution, the financial crisis in Argentina (all foreign
currency holdings of Argentineans were confiscated and used to pay off
part of the foreign debt. Later on all PRIVATE PENSION savings were also
confiscated by the Authorities). Paper Gold and Paper Silver won't be
able to keep them safe!
Friday August 6, 2010 - do you really know
how much a trillion is?...if so, picture $ 450 trillion!
are weapons of mass financial destruction engineered by the Banksters to
steal from the people.
The irony will be that exactly
these weapons will destroy them! The least I can say, is that these have
a nuclear power. Credit default swaps ($450 TRILLION) are
especially dangerous and they keep growing like weed. Major dealers of
Barclays Capital, BNP Paribas,
Bank of America-Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank
AG, HSBC Group, The Royal Bank of Scotland Group, Société Générale, UBS
AG and Wells Fargo Bank...more
The battle between deflationists and Inflationists has been won by
the Inflationists! Hard to figure out how the deflationists explain the
bullish trend in
(and other commodities)..more
If you think the EU is in a worse shape than the USA, try to explain
why the US Senate decided to send $26 billion [Quantitative Easing/Money
printing] more in federal aid to cash-strapped states.
Out of the 50 American states, 40 are in a bad financial
Bankers must be really retarded: today they go so far to pretend that
the ban on export of Russian Agricultural products can be
What is wrong with these guys?..more
There is no doubt higher food prices are unexpected and Authorities
will have to cook their Inflation indexes twice before publication.
Thursday August 5, 2010
How many Financial Newsletters do you read and subscribe to? Making
50% profit and more a year? Trying to find out which stock,
commodity to buy or sell and when? Day trading? Enjoying the
challenge?...Investing can be easy and rewarding if you don't make it
too complex. Investing in Gold and Silver is simple, straight foreward.
You don't have to check earnings, read multiple newsletters and you can
simply store it anywhere...far away from the Authorities. Try this with
Sorry for those (financial analysts, bankers, politicians and media)
who see a recovery and no dip. They are all wrong!
Stock market section and the PF charts
tell the truth and nothing but the truth...more
Ride the wave...Gold and
Silver are up, the
Dollar is down...
objective PF chart is an extremely important one.
Scenario # 3 has been activated and a CLEAR trend
defined. This chart is a MUST for ALL Gold investors...more
Weeks ago we wrote that France is/was an economic accident waiting to
There is a horrendous decline in French
Interest rates will go up quicker than anybody expects and this will
put another damper on the real estate sector...more
Reckless Europe beats reckless America at property bubbles...Whatever
is said and written the European Real Estate bubble HAS BUSTED and
European Real Estate prices WILL CRASH just like American and
Spanish Real Estate did because the European Real Estate bubble is, just
like the American Real Estate bubble the result of fractional Reserve
Banking, the creation of fiat money out of thin air and the
misallocation of these funds...more
[note: Real Estate prices in the EU peaked 2 years after
the peak in the USA...]
Wednesday August 4, 2010
Deerfield beach, Florida, where Condo's cost less than a car...
The housing bust has made owning a home a lot more
affordable -- but in some places, prices are extraordinary; you can
buy a nice condo for less than the cost of a new family car. Some
cities have dozens of attractive condominium listings selling for
$50,000 or $25,000. There are some selling for less than a new Toyota
Corolla. And these are not derelict hovels in crime-ridden
communities: These homes are often in move-in condition and located in
nice neighborhoods. "Not to sound like a salesman, but there are some
real bargains out there," said Kevin Berman, a broker with Bankers
Realty Services in
Fort Lauderdale, Fla. The
housing bust has taken down the national median home price by about
23% since 2007, according to the National Association of Realtors (NAR).
But condo have fallen even further, down about 25%. In
Sacramento, Calif., condo prices have fallen 59% from what they
averaged in 2007, according to NAR. Miami condo prices have plunged
65%, and in Las Vegas they are off 66%. Prices of individual units are
down even more. One condo in Deerfield Beach, Fla., that sold for
$115,000 five years ago now lists for $25,000. That's a drop of nearly
Federal Reserve to start deflation fight with Quantitative Easing =
money printing next week...more
Gold and Silver
mines or you have to be blind not to see it...more
Tuesday August 3, 2010 - we have dramatic
and very important shifts!!!
Friday we warned again for the Negative technical divergence on the
As the deflation rhetoric intensifies and scares
the hell out of the gold community, it’s not hard to find a bond bull
praising the virtues of fixed investments. Talk, however, is cheap.
Money flows suggest that the bond bulls and all their bravado are
standing in front of oncoming steamroller. Connected money, huge bulls
in April, has turned statistically bearish into strength. Technically
speaking, the up trend appears to have been broken.
watching US Long Bonds (TLT) for the completion of a distribution
sequence known as a “Three Drives to a Top.”...more
Remember that a reversal and potential crash of the Bond markets
indicates the Monetization of Debt has been initiated
Hyperinflation will follow soon.
markets mean HIGHER interest rates. Higher interest rates mean
higher Mortgage rates and more downward pressure on the
markets and more risk for the
Credit Default Swaps, those
financial institutions who manufactured these and those who bought and
bouncing off the top of its uptrend channel...more
has fallen out of a short term bearish Head and Shoulder formation
indicating a weaker Dollar and suggesting stronger Gold
and Silver. [click on the chart below for more]
Monday August 2, 2010
Banks and Authorities sit between a Rock and a hard plate.
Pension plans (private and public), (Life) insurance
co's, social security, Medicare, etc....not only have a problem because
actual decreasing contributions have to be used to pay for an increasing
amount of expenditures (all baby boomers are now becoming pension
boomers) but at the same time their mathematical reserves are being
destroyed by the monetary policy of artificially kept low interest rates
[by law these institutions have to keep the largest part of their
reserves in Government paper/bonds which have a negative real yield]. As
long as the interest rates are artificially kept low, these Real
Reserves are slowly but surely being destroyed. The day however that
interest rates brake loose (like we had in Greece), the rate of
destruction is increased. Whatever is pretended by the Authorities, the
odds that a Pension Boomer will receive a REAL PENSION is ZERO! Having
said this, the only way for the Authorities to postpone their inevitable
bankruptcy and debt moratorium is to exponentially increase Quantitative
Easing (printing money). The longer the Authorities succeed in
postponing the Hyperinflation through the deflation propaganda, the more
dramatic the coming Hyperinflationary depression.
Most leaders and Bank employees don't have the slightest idea of what
structured products are, how money is created and what the correct
Economic laws really are.
Education is a very important part of Society.
It is a lot easier to sent an 18 year old boy to War than to convince a
40 year old man to die for a cause. Most
Social Sciences and have no clue
of Economics and Monetary History.
Almost no University teaches
Monetary history. The very few who do study Economics have been
brainwashed with incorrect/false principles. Monetary Economists like
Keynes and Friedman are promoted as having the only true visions and the
names of Von Mises and Hayek (the Austrian school) are often not even
mentioned . Some professors go that far to advocate that more taxation
can lift an economy out of a recession/depression and politicians like
to explain how the money they drain out of the economy by raising
increasingly higher taxes is necessary for the public welfare of
They candidly forget to mention how in 1989 the USSR went
bankrupt overnight for applying this kind of policies. Reading and
applying Karl Marx to society is the formula by excellence to destroy
it. Those who visited East-Europe before 1989 have seen this with their
own eyes. If worst comes to worst and the system is not allowed to
correct itself 'soon' through a bust, the western world and Europe could
well end up as East-Europe (before 1989) or Morocco/Algeria and other
Goldonomic, Florida, USA -