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	<title>Comments on: Hank&#8217;s inflated reserves, China&#8217;s fake data, America&#8217;s underwater mortgages &amp; Murdoch&#8217;s unfree online news</title>
	<atom:link href="http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/feed/" rel="self" type="application/rss+xml" />
	<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/</link>
	<description>Markets Finance Scandal.</description>
	<lastBuildDate>Fri, 10 Sep 2010 14:29:46 +0000</lastBuildDate>
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		<title>By: Coby</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17529</link>
		<dc:creator>Coby</dc:creator>
		<pubDate>Thu, 06 Aug 2009 18:29:26 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17529</guid>
		<description>Here&#039;s something interesting about the coup in SA. The Pakistan Daily publishes an article today that asserts the coup has backing from the US. http://tinyurl.com/lbt8kk</description>
		<content:encoded><![CDATA[<p>Here&#8217;s something interesting about the coup in SA. The Pakistan Daily publishes an article today that asserts the coup has backing from the US. <a href="http://tinyurl.com/lbt8kk" rel="nofollow">http://tinyurl.com/lbt8kk</a></p>
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		<title>By: Matt Smyth</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17525</link>
		<dc:creator>Matt Smyth</dc:creator>
		<pubDate>Thu, 06 Aug 2009 17:30:51 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17525</guid>
		<description>Iran might have made up the Saudi story to make the kingdom look weak. it might be BS</description>
		<content:encoded><![CDATA[<p>Iran might have made up the Saudi story to make the kingdom look weak. it might be BS</p>
]]></content:encoded>
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		<title>By: Palantíri</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17520</link>
		<dc:creator>Palantíri</dc:creator>
		<pubDate>Thu, 06 Aug 2009 17:03:58 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17520</guid>
		<description>To follow up @Kaks:
South Korean police storm sit-in factory 
http://www.independent.co.uk/news/world/asia/south-korean-police-storm-sitin-factory-1767603.html  and  http://www.koreaherald.co.kr/NEWKHSITE/data/html_dir/2009/08/05/200908050088.asp 
it has lasted more than two months, they fight hard in hope of keeping their jobs at the factory.</description>
		<content:encoded><![CDATA[<p>To follow up @Kaks:<br />
South Korean police storm sit-in factory<br />
<a href="http://www.independent.co.uk/news/world/asia/south-korean-police-storm-sitin-factory-1767603.html" rel="nofollow">http://www.independent.co.uk/news/world/asia/south-korean-police-storm-sitin-factory-1767603.html</a>  and  <a href="http://www.koreaherald.co.kr/NEWKHSITE/data/html_dir/2009/08/05/200908050088.asp" rel="nofollow">http://www.koreaherald.co.kr/NEWKHSITE/data/html_dir/2009/08/05/200908050088.asp</a><br />
it has lasted more than two months, they fight hard in hope of keeping their jobs at the factory.</p>
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		<title>By: Kaks</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17514</link>
		<dc:creator>Kaks</dc:creator>
		<pubDate>Thu, 06 Aug 2009 16:36:55 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17514</guid>
		<description>Regarding protests (which many of you were commenting
on recently), in Milan, Italy, four metal workers just spent their third night on a platform 20 metres high above the factory floor of Innse Presse - an enginerring company.  They refuse to come down until a buyer is found to save the factory from closure.  The plant is in the process of being dimantled.  There&#039;s virtually no media coverage of this.  I just heard about it last night around midnight on Rai3 late news.  These workers are d e s p e r a t e but nobody is listening to them!</description>
		<content:encoded><![CDATA[<p>Regarding protests (which many of you were commenting<br />
on recently), in Milan, Italy, four metal workers just spent their third night on a platform 20 metres high above the factory floor of Innse Presse &#8211; an enginerring company.  They refuse to come down until a buyer is found to save the factory from closure.  The plant is in the process of being dimantled.  There&#8217;s virtually no media coverage of this.  I just heard about it last night around midnight on Rai3 late news.  These workers are d e s p e r a t e but nobody is listening to them!</p>
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		<title>By: Scott from Oregon</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17496</link>
		<dc:creator>Scott from Oregon</dc:creator>
		<pubDate>Thu, 06 Aug 2009 14:51:43 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17496</guid>
		<description>http://subrealism.blogspot.com/2009/08/swine-flu-vaccines-dirty-secrets.html</description>
		<content:encoded><![CDATA[<p><a href="http://subrealism.blogspot.com/2009/08/swine-flu-vaccines-dirty-secrets.html" rel="nofollow">http://subrealism.blogspot.com/2009/08/swine-flu-vaccines-dirty-secrets.html</a></p>
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		<title>By: frances snoot</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17473</link>
		<dc:creator>frances snoot</dc:creator>
		<pubDate>Thu, 06 Aug 2009 13:43:26 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17473</guid>
		<description>@Gonzomarx:
nice link
What&#039;s next?
http://www.forbes.com/feeds/afx/2009/06/22/afx6569595.html</description>
		<content:encoded><![CDATA[<p>@Gonzomarx:<br />
nice link<br />
What&#8217;s next?<br />
<a href="http://www.forbes.com/feeds/afx/2009/06/22/afx6569595.html" rel="nofollow">http://www.forbes.com/feeds/afx/2009/06/22/afx6569595.html</a></p>
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		<title>By: Nino</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17459</link>
		<dc:creator>Nino</dc:creator>
		<pubDate>Thu, 06 Aug 2009 12:42:20 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17459</guid>
		<description>On Topic of Saudi Arabia, here&#039;s a link to Dr. Webster G. Tarpley interview, http://www.youtube.com/watch?v=nrr-NID9oO8&amp;feature=channel_page

They get to Saudis around  8:15</description>
		<content:encoded><![CDATA[<p>On Topic of Saudi Arabia, here&#8217;s a link to Dr. Webster G. Tarpley interview, <a href="http://www.youtube.com/watch?v=nrr-NID9oO8&amp;feature=channel_page" rel="nofollow">http://www.youtube.com/watch?v=nrr-NID9oO8&amp;feature=channel_page</a></p>
<p>They get to Saudis around  8:15</p>
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		<title>By: gonzomarx</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17451</link>
		<dc:creator>gonzomarx</dc:creator>
		<pubDate>Thu, 06 Aug 2009 12:25:35 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17451</guid>
		<description>Copyright  Kills

The hidden truth behind drug company profits
Ring-fencing medical knowledge is one of the great grotesqueries of our age

http://tinyurl.com/l2a2cu</description>
		<content:encoded><![CDATA[<p>Copyright  Kills</p>
<p>The hidden truth behind drug company profits<br />
Ring-fencing medical knowledge is one of the great grotesqueries of our age</p>
<p><a href="http://tinyurl.com/l2a2cu" rel="nofollow">http://tinyurl.com/l2a2cu</a></p>
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		<title>By: Palantíri</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17448</link>
		<dc:creator>Palantíri</dc:creator>
		<pubDate>Thu, 06 Aug 2009 12:22:20 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17448</guid>
		<description>If Murdoch wants to begin charging on his sites it is his full rights to do so. Us people can only try to advice against it. But when he does start charging I hope all people will boycott his sites sending the strongest message to him and others that most likely will follow him up and start charging on their sites too.
Good journalism cost money… is that the reason why all I see from fox are the opinion makers acting as news presenter?</description>
		<content:encoded><![CDATA[<p>If Murdoch wants to begin charging on his sites it is his full rights to do so. Us people can only try to advice against it. But when he does start charging I hope all people will boycott his sites sending the strongest message to him and others that most likely will follow him up and start charging on their sites too.<br />
Good journalism cost money… is that the reason why all I see from fox are the opinion makers acting as news presenter?</p>
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		<title>By: Richard@lattitude30N</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17446</link>
		<dc:creator>Richard@lattitude30N</dc:creator>
		<pubDate>Thu, 06 Aug 2009 12:15:11 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17446</guid>
		<description>@Stacy: on &quot;.. Murdoch blowing his children&#039;s inheritance...&quot;...well, that may be the result but truly I think that since he is but a propoganda piece for the inner circle...he may wish that the type of &quot;news&quot; he prints or now on-line too is so perverse that only the idiot clientel who would/could pay for it deserves his particular line of &quot;facts&quot; anyway...After all does he promote that there has been a financial coup d&#039;etat?? or that &quot;goldman sachs are scum&quot;...or that &quot;hank paulson is a suicide bomber&quot;??? or the many maxism&#039;s like &quot;8-9-07 is financial demolition day&quot;?? Obviously, no.....he merely posts that the system is working, that the status quo is fine, that the &quot;leaders&quot; have it all under (their) control...etc...so why get bent out of shape...after all we already pay for cable news in the USA...FOX NEWS...he pays out millions to the likes of Glenn Beck for that dribble...and we pick up the tab as well as the advertisers...so he has a bottom line mentality...someone has to pick up the slack...the reader!!! Maybe we can convince him to use hemp paper instead of pulp wood....for his periodicals..HA!!!!</description>
		<content:encoded><![CDATA[<p>@Stacy: on &#8220;.. Murdoch blowing his children&#8217;s inheritance&#8230;&#8221;&#8230;well, that may be the result but truly I think that since he is but a propoganda piece for the inner circle&#8230;he may wish that the type of &#8220;news&#8221; he prints or now on-line too is so perverse that only the idiot clientel who would/could pay for it deserves his particular line of &#8220;facts&#8221; anyway&#8230;After all does he promote that there has been a financial coup d&#8217;etat?? or that &#8220;goldman sachs are scum&#8221;&#8230;or that &#8220;hank paulson is a suicide bomber&#8221;??? or the many maxism&#8217;s like &#8220;8-9-07 is financial demolition day&#8221;?? Obviously, no&#8230;..he merely posts that the system is working, that the status quo is fine, that the &#8220;leaders&#8221; have it all under (their) control&#8230;etc&#8230;so why get bent out of shape&#8230;after all we already pay for cable news in the USA&#8230;FOX NEWS&#8230;he pays out millions to the likes of Glenn Beck for that dribble&#8230;and we pick up the tab as well as the advertisers&#8230;so he has a bottom line mentality&#8230;someone has to pick up the slack&#8230;the reader!!! Maybe we can convince him to use hemp paper instead of pulp wood&#8230;.for his periodicals..HA!!!!</p>
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		<title>By: gonzomarx</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17440</link>
		<dc:creator>gonzomarx</dc:creator>
		<pubDate>Thu, 06 Aug 2009 11:53:43 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17440</guid>
		<description>Decline &amp; Fall Of America: JPMorgan Fleeces Alabama Hicks With “Shit Bonds,” National Guard Called In

http://tinyurl.com/m7w6cu

where&#039;s next?</description>
		<content:encoded><![CDATA[<p>Decline &amp; Fall Of America: JPMorgan Fleeces Alabama Hicks With “Shit Bonds,” National Guard Called In</p>
<p><a href="http://tinyurl.com/m7w6cu" rel="nofollow">http://tinyurl.com/m7w6cu</a></p>
<p>where&#8217;s next?</p>
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		<title>By: Dedo</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17435</link>
		<dc:creator>Dedo</dc:creator>
		<pubDate>Thu, 06 Aug 2009 11:09:18 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17435</guid>
		<description>@Stacy,....where do you want me to drop off the gold! :  (</description>
		<content:encoded><![CDATA[<p>@Stacy,&#8230;.where do you want me to drop off the gold! :  (</p>
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		<title>By: Danny</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17434</link>
		<dc:creator>Danny</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:59:21 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17434</guid>
		<description>@Stacy

Re; Bandar Bush story. 
I heard Webster Tarpley on Monday talking about it. He said its too early to tell but he said this could be a sign the Saudi&#039;s are running away from the US alliance and into the arms of the Russians. I think its a case of the rats jumping off the sinking ship.</description>
		<content:encoded><![CDATA[<p>@Stacy</p>
<p>Re; Bandar Bush story.<br />
I heard Webster Tarpley on Monday talking about it. He said its too early to tell but he said this could be a sign the Saudi&#8217;s are running away from the US alliance and into the arms of the Russians. I think its a case of the rats jumping off the sinking ship.</p>
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		<title>By: stacyherbert</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17432</link>
		<dc:creator>stacyherbert</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:55:01 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17432</guid>
		<description>@Dedo - okay, I say they hold them</description>
		<content:encoded><![CDATA[<p>@Dedo &#8211; okay, I say they hold them</p>
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		<title>By: Dedo</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17431</link>
		<dc:creator>Dedo</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:54:11 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17431</guid>
		<description>C&#039;mon, take a punt, six min&#039;s to go,..interest rates,, up, down, or flat,.....</description>
		<content:encoded><![CDATA[<p>C&#8217;mon, take a punt, six min&#8217;s to go,..interest rates,, up, down, or flat,&#8230;..</p>
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		<title>By: Dedo</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17430</link>
		<dc:creator>Dedo</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:49:50 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17430</guid>
		<description>Take the &quot;i&quot; out of marr&quot;i&quot;ed, what&#039;ve got ?  ;  (</description>
		<content:encoded><![CDATA[<p>Take the &#8220;i&#8221; out of marr&#8221;i&#8221;ed, what&#8217;ve got ?  ;  (</p>
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		<title>By: Bronxy</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17429</link>
		<dc:creator>Bronxy</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:41:51 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17429</guid>
		<description>There&#039;s a woman in Sweden married to the Berlin wall. They don&#039;t hurt anyone, don&#039;t make fun of them.</description>
		<content:encoded><![CDATA[<p>There&#8217;s a woman in Sweden married to the Berlin wall. They don&#8217;t hurt anyone, don&#8217;t make fun of them.</p>
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		<title>By: Youri Carma</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17428</link>
		<dc:creator>Youri Carma</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:36:42 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17428</guid>
		<description>@Wilson Only happen to know one prostitute in my social life (that I know of) and she was honest indeed. One of the vew woman I ever knew with a great sence of humor but frightenly crazy I am afraid.</description>
		<content:encoded><![CDATA[<p>@Wilson Only happen to know one prostitute in my social life (that I know of) and she was honest indeed. One of the vew woman I ever knew with a great sence of humor but frightenly crazy I am afraid.</p>
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		<title>By: Mother Earth</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17427</link>
		<dc:creator>Mother Earth</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:33:19 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17427</guid>
		<description>ANy body reprted on the SEC planning to throw a wrench into the high frequency trading wheels? http://tinyurl.com/mpoucs</description>
		<content:encoded><![CDATA[<p>ANy body reprted on the SEC planning to throw a wrench into the high frequency trading wheels? <a href="http://tinyurl.com/mpoucs" rel="nofollow">http://tinyurl.com/mpoucs</a></p>
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		<title>By: Dedo</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17426</link>
		<dc:creator>Dedo</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:31:51 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17426</guid>
		<description>@Jeannon,.....Well said,..I love the quote from Bernays!
 It&#039;s quite the powerful science,..Public Relations (Propaganda), so much so, folk are unaware they&#039;ve been, ever so slightly, incrementaly &quot;persuaded&quot; to think the way they do. And folk on this site get upset, cause the masses don&#039;t understand what&#039;s going on!
I say if you want to persuade someone to take their medicine, don&#039;t force it down,...just disguise it as something else, in little doses.  :  )</description>
		<content:encoded><![CDATA[<p>@Jeannon,&#8230;..Well said,..I love the quote from Bernays!<br />
 It&#8217;s quite the powerful science,..Public Relations (Propaganda), so much so, folk are unaware they&#8217;ve been, ever so slightly, incrementaly &#8220;persuaded&#8221; to think the way they do. And folk on this site get upset, cause the masses don&#8217;t understand what&#8217;s going on!<br />
I say if you want to persuade someone to take their medicine, don&#8217;t force it down,&#8230;just disguise it as something else, in little doses.  :  )</p>
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		<title>By: Danny</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17425</link>
		<dc:creator>Danny</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:31:48 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17425</guid>
		<description>`My first reaction to max on france 24 is.....wow, what a tie! shocking pink.</description>
		<content:encoded><![CDATA[<p>`My first reaction to max on france 24 is&#8230;..wow, what a tie! shocking pink.</p>
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		<title>By: Youri Carma</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17424</link>
		<dc:creator>Youri Carma</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:30:36 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17424</guid>
		<description>@Mini US

All philosophers drink red wine (red wine has anti-oxies which white wine doesn&#039;t have)</description>
		<content:encoded><![CDATA[<p>@Mini US</p>
<p>All philosophers drink red wine (red wine has anti-oxies which white wine doesn&#8217;t have)</p>
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		<title>By: Fibon11235</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17423</link>
		<dc:creator>Fibon11235</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:29:24 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17423</guid>
		<description>@Max and Stacy 
I think this is very important and a great subject with huge implications as it gets into the heart of the matter.  It could be worth a debate with parties of interest, such as  GATA, the dealers, physical ETF dealers and others liabilities.  It would be great to expose the truth as this may help protect some people.

When I read 
http://fofoa.blogspot.com/2009_08_01_archive.html
and I read
http://goldnews.bullionvault.com/bullionvault_gold_etf_etfs_072120093

I do not understand why anyone would want to use ETF&#039;s for gold, ok they have liquidity but this still does not justify the risk and loss of benefit from owning the physical in my mind?

Where am I going wrong? 

Why would anyone armed with this information risk their own or anyone else&#039;s money, given its cheaper to own the physical without the counter party risk? I suspect the risks could be quite large with ETFs if FOFOA is correct?

I would love to see you debate this with other interested parties over a table for a hour or two. With other commodities a ETF may work for the majority in normal times but I think Gold could prove to be a exception?</description>
		<content:encoded><![CDATA[<p>@Max and Stacy<br />
I think this is very important and a great subject with huge implications as it gets into the heart of the matter.  It could be worth a debate with parties of interest, such as  GATA, the dealers, physical ETF dealers and others liabilities.  It would be great to expose the truth as this may help protect some people.</p>
<p>When I read<br />
<a href="http://fofoa.blogspot.com/2009_08_01_archive.html" rel="nofollow">http://fofoa.blogspot.com/2009_08_01_archive.html</a><br />
and I read<br />
<a href="http://goldnews.bullionvault.com/bullionvault_gold_etf_etfs_072120093" rel="nofollow">http://goldnews.bullionvault.com/bullionvault_gold_etf_etfs_072120093</a></p>
<p>I do not understand why anyone would want to use ETF&#8217;s for gold, ok they have liquidity but this still does not justify the risk and loss of benefit from owning the physical in my mind?</p>
<p>Where am I going wrong? </p>
<p>Why would anyone armed with this information risk their own or anyone else&#8217;s money, given its cheaper to own the physical without the counter party risk? I suspect the risks could be quite large with ETFs if FOFOA is correct?</p>
<p>I would love to see you debate this with other interested parties over a table for a hour or two. With other commodities a ETF may work for the majority in normal times but I think Gold could prove to be a exception?</p>
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		<title>By: Youri Carma</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17422</link>
		<dc:creator>Youri Carma</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:14:07 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17422</guid>
		<description>Mr Daum suggested that online gaming, which allows people to play remotely with their friends, send messages and chat, may be one of the new areas attracting younger internet users.</description>
		<content:encoded><![CDATA[<p>Mr Daum suggested that online gaming, which allows people to play remotely with their friends, send messages and chat, may be one of the new areas attracting younger internet users.</p>
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		<title>By: Jeannon Kralj</title>
		<link>http://maxkeiser.com/2009/08/06/hanks-inflated-reserves-chinas-fake-data-americas-underwater-mortgages/comment-page-1/#comment-17421</link>
		<dc:creator>Jeannon Kralj</dc:creator>
		<pubDate>Thu, 06 Aug 2009 10:10:50 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2432#comment-17421</guid>
		<description>&quot;Rupert Murdoch said quality journalism is not cheap and so he intends to charge for all his websites. &quot;

Go right on, Rupert the Red.  Anything that will facilitate the ruin of your lie machine and your personal ill gotten gain is A OK with me.

In the USA, it is so clear to many of us that the &quot;transfer of information system&quot; is nothing but a propaganda, mind control lie machine. 

&quot;Quality&quot; journalism means truthful accurate relaying of facts.  That has been missing in action for well over 50 years.

I do all my reading of the news on the web.  The web is being threatened too and the quality of the web journalism is unfortunately going down to, much of the degradation being by deliberate design of those that took down paper and TV journalism.

Congressman Oscar Callaway&#039;s February 8, 1917, Congressional Record article described what happened. (Volume LIV, page 2947). He wrote: 


&quot;In March 1915, the J.P. Morgan interests . . . got together 12 men high up in the news- paper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press of the United States.
These 12 men worked the problem out by selecting 179 newspapers, and then began, by an elimination process, to retain only those necessary for the purpose of controlling the general policy of the daily press throughout the country. They found it was only necessary to purchase the control of 25 of the greatest papers. The 25 papers were agreed upon; emissaries were sent to purchase the policy . . . of these papers; an agreement was reached; the policy of the papers was bought, to be paid for by the month; an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers.&quot;

__________
&quot;The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manip- ulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of.&quot; 
Edward Bernays: &quot;Propaganda,&quot; 1928</description>
		<content:encoded><![CDATA[<p>&#8220;Rupert Murdoch said quality journalism is not cheap and so he intends to charge for all his websites. &#8221;</p>
<p>Go right on, Rupert the Red.  Anything that will facilitate the ruin of your lie machine and your personal ill gotten gain is A OK with me.</p>
<p>In the USA, it is so clear to many of us that the &#8220;transfer of information system&#8221; is nothing but a propaganda, mind control lie machine. </p>
<p>&#8220;Quality&#8221; journalism means truthful accurate relaying of facts.  That has been missing in action for well over 50 years.</p>
<p>I do all my reading of the news on the web.  The web is being threatened too and the quality of the web journalism is unfortunately going down to, much of the degradation being by deliberate design of those that took down paper and TV journalism.</p>
<p>Congressman Oscar Callaway&#8217;s February 8, 1917, Congressional Record article described what happened. (Volume LIV, page 2947). He wrote: </p>
<p>&#8220;In March 1915, the J.P. Morgan interests . . . got together 12 men high up in the news- paper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press of the United States.<br />
These 12 men worked the problem out by selecting 179 newspapers, and then began, by an elimination process, to retain only those necessary for the purpose of controlling the general policy of the daily press throughout the country. They found it was only necessary to purchase the control of 25 of the greatest papers. The 25 papers were agreed upon; emissaries were sent to purchase the policy . . . of these papers; an agreement was reached; the policy of the papers was bought, to be paid for by the month; an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers.&#8221;</p>
<p>__________<br />
&#8220;The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manip- ulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of.&#8221;<br />
Edward Bernays: &#8220;Propaganda,&#8221; 1928</p>
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