Stacy Summary: Over the past year, there certainly has been loads of talk about dumping the dollar. When, however, will we move past the headline stage and to the point where someone acts?
- UN currency plans have come too late (h/t Mike/Liverpool)
  |
 |
 |
-
ref. max keiser & Get 6 mo’s free storage
-
-
Rick Ackerman-
- King World News
- Mish
- Karl Denninger – Market Ticker
- Michael Hudson
- ZeroHedge
- The Big Picture
crash banksters – Buy Silver & gold
![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
Most recent: 
Mike no im originally from the states Ive been here for 12yrs now…do you have a business email???if you dont want to post it here then join this site and find me on the …You can visit our Max Keiser Dot Com forum board here at Ning….and send it by way of message. Are you from india?
@dan
I buy at Assay which I am sure you know of. You can get 9999 certificated bars there. I have traded many times with no problems between cash and gold (no bank transfers, although no problem that way) They sell silver pellets and will melt into certificated bars as well. They use spot which is displayed via large LCD screen in lobby.
Lab Trade is a Gem Lab and does no sales in gold salt etc.
Your biz sounds good. Are you from India?
why are all my posts over 10 words need to be moderated?
@ Mike
Im just outside silom…I get my gold sent to me by clients. For myself I buy at gold shops that we make electroformed statues for in china town….the last time I bought was at 750. My clients are mostly Middle east and we do on average of 80 kilos a week every week….gold is utility for them so the the price has no bearing on orders….well not yet anyway.We only do 9999 in statues and 18k,21k for jewelry I get my gold salt from greatest….does lab trade make gold salt? Have some way to exchange contact info???
wow im being moderated again
Journalism is no longer about in-depth investigative coverage to inform the public on issues or to deter abuse of power from top officials. John Nichols stated in this video http://tinyurl.com/lgg99w that journalism is dead. Now it’s more about selling infotainment packaged as news. That’s why celebrities are so important in media. They help to sell the product. It’s the people in the background, the gatekeepers, producers, and directors, that are controlling what the audience sees and hears. My guess is they tend to send stories to the teleprompter that asserts and supports the views of the entities funding the news organization. With todays technology I believe it’s more about citizen journalism.
@Dan … sorry late reply……. Actually in Hua Hin but do gold in Silom…… I have done jewelry as well and am good friends with the owner of Lab Trade. Where do you buy your investment gold and what kind is it?
Also….. the only number that means anything with the gold price is the price that my supplier here is unable to get delivery. It has happened on several occassions and the important thing to note is that it never goes below that price once it occurs……IT IS THE TRUE MARKET VALUE OF GOLD. They do not want to supress gold lower than the “break the comex” price !
By the way …. as you know…. gold is used for industry here….this makes my comments profound…..also, the company has been in business for 40 years and has never had their supplier unwilling to deliver ….ever…..until 11 months ago when gold went to the 710ish level. (It included no delivery for silver also) !!! The price of non delivery by her company is the most important information pertaining to the price of gold compared to ANY information about gold investment from ANYONE from ANY SOURCE. more later
@frances snoot
It seems to be the first shot in a campaign to ignite a renewed 911 truth movement.
There was no interview. Look for the disclaimer at the end.
@Whitehunter:
So this was a publicity stunt? What’s going on? Clue me in…I thought Alex was going to introduce the Monroe Doctrine for protestors or somesuch.
@Peter…..you are utilizing past education without present information. Your entire article is off base as to what is happening.
For more than a decade every aspect of the financial system has been systematically acquired to deliberately induce global financial collapse by the conglomerate controlling the money supply.
All the information you provide in your article is useless and irrellevant.
@frances
There was no interview. Look for the disclaimer at the end.
The cult of celebrity has astonishing power in this country. I hate to offend anyone, but Jones uses this playing card recklessly.
I can see why Stacy has a hard time believing in grass roots protests. Shall we all just say grace and let the Big Players dictate who is in the spotlight? Can we believe that the interview was allowed by Obama as anything other that a setup by the elite for elite purposes?
Why the blind trust in Alex Jones?
For some reason my post did not go through, so here it is again:
To Stacy-
Bogus, eh? I’ve always admired the depth and preciseness of your research on various economic topics and scandals. It saddens me to read such rubbish from you when logic begs that you should not be this shallow.
But alas; recently Max has commented/ranted on the enormity of Obama’s role in aiding and abetting the various financial entities systematically destroying the US economy as we know it while enslaving their people in the process. Yet you equate his questioned legitimacy of holding the highest office of the US as wasting energy and time?
Your perceived loyalty to Obama is very troubling, especially in the context of “discovering” the truth about markets and the treachery involved.
The educated differ from the uneducated as much as the living from the dead.
-Aristotle
@Sharon:
Yes, it doesn’t preclude him; but why does he get an audience with the Emperor and the victims families are ignored? That is what I meant about this stinking. He is AN ACTOR. He has no more right to be heard at Obama’s throneroom than the rest of us. Obama has used the media disgracefully: this is the icing. And why do we all say, OH HE took notice?
IT IS animal farm: with some animals having more rights than others.
The man is a sleeze whatever his political views.
Obama born in Kenya? How dare you!?!?
http://www.businessinsider.com/new-dollar-challenge-china-selling-yuan-bonds-for-the-first-time-2009-9
Not exactly dumping the dollar but perhaps a start
FACTBOX: Biotech companies benefiting from flu outbreak http://link.reuters.com/tag55d
Consumer Credit Plummets by Record $21.6 Billion http://bit.ly/2a2DtD
@Yo, Max
After 9/11, London’s The Observer reported on September 23, 2001 that Ernest Welteke, the president of Germany’s central bank, the Bundesbank, said a study by the Bundesbank pointed strongly to “terrorism insider trading in the days leading up to this month’s carnage in the U.S.” Insurance companies’ stocks with significant exposure to damage claims fell sharply in the days before the attack. Further there were an unusually large number of put options traded on United Airlines and AMR shortly before the event, among other transactions.
From: Wall Street Now Wants to Profit by Selling “Death Bonds” http://tinyurl.com/n25ld7
Surging equities markets last month were insufficient to offset the effects of falling gilt yields, sending the aggregate shortfall of UK pension schemes up towards £200bn.
According to the Pension Protection Fund’s 7800 Index, a monthly tracker of the total assets and liabilities of schemes where benefits are insured, the total deficit of schemes with shortfalls stood at £194.6bn at the end of August, up from £179bn a month earlier. The PPF said that 85 per cent of all UK schemes were in deficit.
During August, strong gains on world stock markets increased the value of total assets by 3.3 per cent. This included a surge in UK equities markets of 7.1 per cent. But yields on UK government gilts fell, raising liabilities by a larger 5.2 per cent.
From: Pension shortfalls approach £200bn http://bit.ly/DSMTu
Wall Street Now Wants to Profit by Selling “Death Bonds” http://tinyurl.com/n25ld7
This birth certificate issue reminds me of what the Bushies all wanted. They basically wanted the Viet Nam war to have not happened, to be forgotten and never mentioned. They hated to lose that war especially in light of fostering new ones.
They are laying the foundation, out of sheer racism; they can’t stand the thought of a Black man in the white house. They want it to never have happened. Oh the other big reason is simply indirection off the real issue of the US empire collapse basically caused by Bushies & Oilygarchs. No memory therefore no problem. Or as my 7 year old nephew would say ‘I don’t do it’.
Talking further about it only amplifies the non-truth.
I shut up now.
Bankster Bailout Begins to Impoverish Australian Households http://ur1.ca/bbza
Before we forget -obama is just a frontman so where he was born is not one of our biggest issues
@stacyherbert
So if it is why doesn’t he show is birthcertificate? Simple, not difficult to do yet not done.
Credit card losses seen up, staying high http://link.reuters.com/had55d
Re: footprint,……..I could paint you quite a few scenario’s but I won’t insult anyone’s intelligence,…let’s just see how it pans out,..I’m sure the “Agenda” won’t miss a beat either way!,..
@Niger yellowcake proof of purchase handwritten by Dick Cheney.
Link ?
Are you guys seriously wasting energy on this bogus “kenyan birth certifcate’ / Obama is not American story. It has about as much legitmacy as a Niger yellowcake proof of purchase handwritten by Dick Cheney.
@dedo
The certificate appears to be valid…
what the copy on the webpage doesn’t show very well is the embossed stamp in the lower right of the page…
(which the video shows clearly)
If it isn’t a ploy by Kenyan officials to screw Obama, then this is SERIOUS BUSINESS in that it will either mean the end of his presidency (Here comes JOE BIDEN!!! hahahaha), or perhaps a NEW executive order allowing him to remain as il Capo
Or it will get tied up in the system for so long that the court’s decision won’t see the light of day UNTIL he is out of office…
A bold effort by Mr. Smith, but indeed, you are probably correct in being pessimistic over the whole situation…
Dedo, it’s “serious” because to file a false legal affidavit in a US District Court will land you in the big house. Whoever this Smith fella is I don’t know, but apparently he’s put his a%s on the line to force the hand of the feds.
@Guiseppe,… It’s serious “business” as usual me thinks,..
If we’re talkin’ probabilities it’s serious if it’s real,.and serious if it’s not,..in both cases ,..we all know who Lucas Smith is or isn’t……it’s called publicity and it’s a stunt, ask the guy who shot Kennedy : ) or not,…
@dedo
I don’t know…
but according to the affidavit filed with the courts, this is serious business
http://americangrandjury.org/lucas-smith-affidavit-now-filed-with-the-us-district-court-obama-kenyan-bc
this is great – (max stacy and all those on board with some of their opinions on healthcare need to watch this)
http://www.youtube.com/watch?v=aAm6Qck5v78&feature=popular
Most emerging economies use the “export to grow” model, following the Japanese example which was so successful for that country after World War II. The model is relatively simple. Take a compliant, hard working workforce, pay them relatively little comparative to the developed economies which are the target market, and produce a flood of low cost goods of reasonable quality which undercut anything similar produced in the developed economies. Export these cheap goods to the developed market and ruthlessly suppress any rise in exchange rates which would be the natural consequence of such a one sided trade flow and would normally remove the competitive advantage.
The result, a rapidly growing economy and huge foreign currency reserves, which can be recycled to provide liquidity and credit in the developed economies to keep the whole merry-go-round turning. If the export starter motor can be kept running long enough then ultimately the domestic economy within the emerging country will reach critical mass and start to provide an internal home for what were previously exported goods.
Not a bad theory and who can blame emerging economies from taking this route to shortcut the economic development process which would otherwise take generations. China is the most recent and largest proponent. But it seems it may have come to the table too late.
For the system to work properly the consuming nations would need to see their incomes in real terms rising in order to be able sustainably to keep purchasing the exported goods. That patently has not happened. Rather in the west, incomes in real terms have either remained static or have fallen for a generation.
It was not rising real incomes that fuelled western consumerism but rising real debt, the like of which the world has never seen. The debt explosion was made possible by historically low central bank interest rates together with new forms of financial instruments, mainly based on securitisation and repackaging of loans to be sold on to investors, allowing banks in many cases to operate at reserve ratios far lower than would normally be considered prudent.
As we all now know the system finally hit the buffers when the least creditworthy began to default triggering a systemic collapse in the entire financial system which threatened Armageddon.
All over the world governments stepped in to shore up the banking system as politicians looked into the abyss and did not like what they saw one bit. I suppose we cannot blame them for that – it would be a very brave politician who said to the world go hang, and there are precious few brave politicians around.
So where are we now? What seems to have happened is that governments have shouldered a large chunk of the debt burden previously held by banks and individuals and that burden is now carried by all of us rather than just the participating parties. To that extent therefore, unfair though it may seem, the system is more secure than it was when the crisis began. All for one and one for all etc.
But whilst the collapsing building has been temporarily shored up, how will it be possible to build any higher given that the foundations were built on excessive volumes of debt which by definition must have reached saturation point for the collapse to have occurred in the first place.
Governments are hoping that by assuming a large proportion of the debt burden of the insolvent banks that somehow the latter will be in a position to restart the lending jamboree and the good old times will be back. But that is not possible. Why, because firstly, western consumers were already maxed out and could not sustain the debt they had – hence the problem. Secondly, the securitisation industry which allowed banks to really crank up the lending is dead in the water and will not return for a long time. Who wants to buy collateralised debt now? Thirdly, the wholesale money markets are a mere shadow of their former selves, so no more Northern Rocks for the moment.
So whereto from here? Fundamentally the problem was caused by lack of income in the western world. If incomes had been rising in real terms then the western world could have gorged on imported knick knacks with impunity. But as we know that was not the case so the difference was made up by debt which ultimately hit the buffers.
So what of the indebted western governments. Their problem too is lack of income. During the glory years their income came from a buoyant financial services industry, from indirect taxation on a manic consumer market, on exceptional corporate profits etc etc. But fundamentally this whole model relied on debt. Profits from lending, corporate profits from selling to debt driven consumers, and a sales tax on every item bought and every mortgaged property sold. With far less debt, there will be far less income for governments.
Whilst their income position is not looking too bright, on the expenditure side it is business as usual and some. And the shortfall is made up by borrowing or printing up the difference. Without real rising incomes it is only a matter of time before they too become maxed out and the same calamity that hit the financial markets last year will befall them. Ultimately the printing of money will have to stop and the only recourse will be to the debt markets who will demand higher and higher yields as the risk of national defaults grow. This will be the death spiral, particularly for countries like the UK who are outside the major currency blocks and politically would find it almost impossible to reduce expenditure to match their falling income.
And so back to China where I started. Without the debt fuelled western consumer to keep their export model running they will have to look closer to home and try to build their own internal markets. This is a slow old business which is why they chose the “export to grow” model in the first place. To expect them to be the locomotive for world growth seems to me to be extreme wishful thinking, and without the western export market to sell to, they will not have any more use for western government bonds – why would they?
Re: piece of paper with footprint,…..
All a bit silly really isn’t it,…I mean,..c’mon,…do you think Obama did all this by himself, with a few chums, for a laugh!! My take is,….. there is far more important stuff going on behind the curtain,..as always,. while everyone keeps busy being buzzzy,.yaaaawwwwwn
Geithner rides the $ to “Sucess”:-
http://www.youtube.com/watch?v=ueuauKKjPZI&feature=related
Mike
Note that the Charlie Sheen / Obama interview was not real…
at least according to the disclaimer that IMMEDIATELY follows the “transcript”
It seems a lot of people got excited for nothing…
However, the responses are probably similar to what Obama would say, except it’s missing the word “Look” that Obama tends to toss in front of his responses when he’s trying to think…
In keeping with the ‘Another day, another bad headline’ theme…from the people who brought you lead-painted baby toys, and shoving sh*t out the door is Job #1:
Woman suspected of shoplifting beaten to death at Beijing Wal-Mart
http://www.google.com/hostednews/ap/article/ALeqM5iNDZiaw6lLplHclXXBRp2EgD8aLQD9AJ2S8G0
…”The city police headquarters referred questions to the district police station, which referred them to the criminal department, where no one answered the phone.”
http://www.youtube.com/watch?v=BkWd2INPhL4&NR=1 and http://www.youtube.com/watch?v=DABQPNnN6ro&feature=sub can cause a load of trouble for the USA
@frances…………Charlie Sheen is an actor and this is his most stunning part, nothing more nor less.
I take your point about him being an actor but that does not preclude him from having righteous views or being able to work out that 9/11 was an inside job. Could it not be that he has acted on his principles and used his celebrity to gain an audience with the president? Being an actor does not mean he is not a free thinking human being capable of questioning authority. Nor does it mean that he can’t be as angry about 9/11 as the rest of us.
@13BlackCats … You may have a good point !
A man who had claimed to have a copy of President Obama’s Kenyan birth certificate, attempted to sell it on eBay and then disappeared from contact has reappeared, this time with a video of the document he claims proves Obama’s foreign birth.
As WND reported, Lucas Smith, a former resident of Cedar Rapids, Iowa, and known by the eBay handle “colmado_noranja,” claimed online and in phone conversations with WND to have an authentic document from Coast Provincial Hospital in Mombasa proving Obama’s birth there at 7:24 p.m. on Aug. 4, 1961.
http://countusout.wordpress.com/2009/08/23/barack-obama-kenyan-birth-certificate-lucas-smith-coast-province-general-hospital/
@13BlackCats … Kenya Birth Certificate ..Make Your Own !
http://kenyanbirthcertificategenerator.com/
Note: As this is just for fun, we recommend you still practice good privacy measures and not necessarily post your actual birthplace, maiden name, fingerprints, retinal scans, etc. Be creative, have fun, and thanks for visiting!
@Sharon:
Charlie Sheen is an actor and this is his most stunning part, nothing more nor less. His real name and background:
http://en.wikipedia.org/wiki/Charlie_Sheen
Good Lord: one could sell anything in America with the right marketing ploy.
@13meow:
Like setting up a big time wrestling event and then taking stakes amongst themselves, the elite must consider all this scrumptious.
I doubt the sincerity of all major players in all aspects of the fiasco: I doubt there are good guys and bad guys behind which we should rally.
@13Blackcats:
My take is that it doesn’t matter what the real facts or data is, was, or will be: it’s up to the elite to spin the media/political web in which we will all be trapped.
Just finished reading the transcript of the interview of Obama by Charlie Sheen….Wow!! I must admit Charlie Sheen is a helluva lot more intelligent than I thought. Don’t know where this will go but 10 out of 10 for effort.
@Phil
I immediately noticed last night that the dates on the birth certificate filed by Lucas Smith are formatted mm/dd/yy instead of the standard British format of dd/mm/yy. Is there any evidence that Kenya would have used American date formatting in 1961? What do you people make of this?
classic
ha ha ha
http://www.youtube.com/watch?v=INmqvibv4UU
Can i be one of the favoured city ones too, can i have a anti gravity machine, , can i have a money printing machine go on its not fair, ill cut you in.
NBC/GE scrubbed snl skit
I find it funny and disturbingly true
http://blip.tv/file/1335294
I was the first comment on gold this morning……this is what I said…..and …..this is exactly what happened…….GOLD IS ABOUT AGENDA FOLKS….They want stress for the G20 meeting coming in 2 weeks……This happened exactly the same the last meeting……
This is my earlier blog:
On gold.
They allowed it to go to 1000 level. They want stress and motivated attendees at the G20. It will get hammered to the 995ish level when New York opens and hang there ish until the conclusion of the G20 meeting….then it will be surpressed again as happened last meeting. Gold price has nothing to do with supply and demand and everything to do with agenda and its price is being totally manipulated for agenda purposes.
Gold is in total control by the money controllers.
By the way….. they allowed it to “set the mark” the very first time it hit 1000 to produce a gold rush for their benefit. The rush promoted the approval of gold ETF funds worldwide….which is directly controlled by the entity. All ETF gold fund money is put into their accounts for use in surpression and money extraction from gold investors. DO NOT INVEST IN GOLD ETF’S. PERIOD.
Furthermore…..despite having 99 percent of my money in 4.5 kilos of gold bullion here in bangkok. I feel that the entity will never allow gold to go ballistic. I feel they will allow it to go up to prevent default on the comex from the physical market pressure but will gain complete surpression control as soon as the new world currency takes shape during the collapse.
Who knows…….but one thing is for sure……the entity controlling gold is EXTREMELY powerful.
We seem to have lots and lots of adds for posting and cashing in your gold here in the uk.
You would think there was nothing else going on if you were to watch the trivia pushed as news.
I cant watch TV its like Mexican TV in the UK C**p
@Gold .. nice take down , as expected. 994.63$
As I said, it has to close above 1000$ today , actually 1040$ IMO !
LET THE AJS SHOW BEGIN!
@NBC’s Meet The Press Concerned About Spread Of Disinformation On Internet
Did they mean those “edits” done on Wikipedia by the PTB I wonder ?
Analysts warn new Government’s policies could drive Japan into economic abyss http://tinyurl.com/m7kwca
NBC’s Meet The Press Concerned About Spread Of Disinformation On Internet
http://www.zerohedge.com/article/nbcs-meet-press-concerned-about-spread-disinformation-internet
ZH: The Internet retorts that it is even more concerned by spread of disinformation by NBC/GE subsidiaries.
@Dedo: The Berg motion to produce the president’s birth certificate was denied due to his lack of standing before the court….a very hard nosed procedural reply that will most likely be reconfirmed on appeal….the case you mention will most likely receive the same treatment….apparently registered voters don’t have standing….
The Charlie Sheen interview is well documented and because it wasn’t presented as a 20 second soundbite will most likely be ignored…more on this subject in 30 minutes @11 am CST on the AJ show…
Relevant comparison:
Stanley Fish writes about Obama’s use of the I pronoun:
http://fish.blogs.nytimes.com/2009/06/07/yes-i-can/
@Phil:
http://www.washingtontimes.com/news/2009/sep/04/curl-biden-fills-vacationing-obamas-void/
@Phil,……don’t know if the certificate will be permissible, it’s got a dirty great footprint on it,.!! : )
Who hangs them? Now that is THE question now isn’t it? the ball is squarely in the court of the American people.
Will they make the connections? can they make the connections? how much pain can they endure before they accept the Truth and do what is necessary to save their country?
@frances … LOL
Hey.. lay off the compliments ; I don’t want to be shot first !
@Phil:
You are the MAN!
White hunter,……I’ll hang em’ ,..but make sure you back me up when the MSM say I’m a sad loner, who talks to a load of conspiracy wacko’s on the net!! : )
@All .. AJ’s mysterious guest ? …
Obama’s Presidency Is Finished (Officially)
http://www.youtube.com/watch?v=DABQPNnN6ro&feature=sub
Lucas Smith Affidavit now filed with the US District Court – Obama Kenyan BC
September 4th, 2009
http://americangrandjury.org/lucas-smith-affidavit-now-filed-with-the-us-district-court-obama-kenyan-bc
… the YT’er reckons this will crash the US$ !
Also, he reckons that AJ will be talking to Lucas Smith.
@white hunter .. who?
As there were so few people “in the know”, I’d guess that even the common soldier will turn his rifle on them .. and his generals if they don’t join in !
@Stephen
But who hangs them?
and they want you to believe Van Jones was not “asked” to get lost because he signed a 9-11 Truther petition. BS it was totally because of that.
9-11 is the Big One. Has been since Day One. It is the Garlic to this Dracula Us Gov. Everybody is exposed if the Truth about 9-11 makes it main stream. The Bankers, The Military, the President, the Congress, they all hang.
Corporate, not consumer, crunch means inflation ahoy http://link.reuters.com/wyv45d
Charlie Sheen Interviews Obama on 9/11!!
http://www.infowars.com/twenty-minutes-with-the-president/
Mrs. Bush was interviewed in Paris, where she was helping promote global literacy as part of a United Nations meeting.
http://www.huffingtonpost.com/2009/09/07/laura-bush-praises-obama_n_278917.html
Unesco involvement in US education has only just begun.
@francis snoot: WOW! the Denninger piece dated 9/8/09 is awesome…..Now I know why I was a part of the homeschooling movement here in sunny Florida in 1985….Though funny enough my eldest, an RN, is still upset with me that I didn’t offer enough math in her curriculum…..I guess I didn’t want to scare her at the time…Regardless, she now teaches LVNs….He’s really on fire about the coming dollar collapse…and rightly so…besides the FCAT lessons that have replaced education here, I guess a word from the WH to inspire the youth is now required ( voluntary???) core education principles…critical thinking has become a thing of the past….I remember when the Japanese youth were given first crack at the new 64 bit Nintendo games well ahead of anyone else…they mastered it well before any other country even had a glimpse of the new high speed version…and the same with 128 bit too…thus their education was advanced and as we all know the one in the US is far behind…besides the known fact that man doesn’t comprehend exponential math very well and is lumbered into a sound sleep by only promoting arithmetic calculations….
But the president’s message is about hand-washing! Silly for us to get so upset, right?
I think the prez should have his mouth washed out with soap for lying. He’s not going to fix existing schools: he’s planning on closing them and firing the staff a la Bill Gates.
@frances .. ISI
I remember when the ISI chief ( Pakistan Secret Service ) said publicly : “everybody knows it was an inside job” … and the western MSM just laughed at him.
I mean, his “credibility” was OK when they were “using” him. And now ? … he doesn’t fit the MSM “agenda” anymore !
@frances .. KD & 911 story
Yes .. maybe he just doesn’t want to get “hit” !
@Phil:
Yes. It’s odd that KD stands stalwartly behind the official 911 story and yet writes so eloquently about the need for our youth to seek truth.
But I LOVE the sentence!
No one asks if the policies concerning education will ever advance learning. They won’t: high stake testing is the acid to the lithmus test for kiddie knowledge.
Don’t you see how the ptb are putting imagination in a can?
@frances …. Karl Denninger on school kids.
Great essay … the kids need to be told .
Well done Karl
… despite our small disagreements !
China will issue sovereign bonds denominated in its own currency to offshore investors for the first time this month – a crucial step towards making the renminbi a global currency.
From: China to issue renminbi bonds to offshore investors: http://bit.ly/tx3yV
Frankly I think that talking to the Obama puppet is a waste of time since the mtf won’t diverse from is Rockefeller and Wall street agenda.
This gold carry trade appears to me like the Yen Carry trade all over again, but not in Iceland this time, but between CB and bullion banks?
So if the bullion banks are not able to return the lent CB gold in time from the central bank at a value set in the futures market. Then the central bank does not get the bullion or the banks get squeezed at a unforeseen market price?
This is like the Yen Carry trade all over again in Iceland but with bullion banks?
So China under pegging gold and not recognising the derivative deals, they are in fact pushing the financial houses into a corner. Is China doing this to change the dynamics or the Gold Carry Trade?
Is this a Black Swan event?
Now sit down at your desk, shut up and behave while your teachers show you only what the government wants you to know.
Karl Denninger does have some nice sentences.
http://market-ticker.denninger.net/archives/1416-An-Address-To-Our-Schoolchildren.html
@mike king
I too am in bangkok and its quite easy to play gold here….Im actually in the jewelry biz….what may I ask are you up too here ……..awaiting moderation maybe?
“The mission in Afghanistan is our reaction to terror,” Merkel said in a speech to a specially convened session of parliament in Berlin, referring to the eighth anniversary of the Sept. 11 attacks on New York and Washington. “The consequences of not acting will affect us just as much as the consequences of acting.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=aQHrvf.9Ftnk
boo…hisssss to your moderation
If you talk about the Devil (donnow if this expression is used in english?) Twenty Minutes with the President reported by Charlie Sheen http://www.infowars.com/twenty-minutes-with-the-president/
whats this awaiting moderation?
@sharon .. thanks !
BTW .. seems you can’t show images here !
shame .. such a beautiful park.
@Phil
This Vanguard stuff is awesome!
I like the ol docu’s from Max. I hope Max is able to make more of this stuff in the future. Iceland became epic and watching Death of the Dollar made me realize that.
Testing an image .. a beautiful tranquil park in New Delhi .
Maybe Sheen is the suprise? I see a photo of him http://www.infowars.com/
Maybe Sheen is going to do somtin awesome?
@Phil……….Alex is interviewing Griffin on his show according to his website:-
http://www.infowars.com/
Apparantly Alex is going to make a huge announcement today (biggest one he’s ever made or he has a guest on who will be announcing something massive – apparantly).
@frances……….I think Dedo should go flying.
US loses top competitiveness spot http://tinyurl.com/lf8t9l
@Youri/Sharon … Alex Jones + Griffin
Sorry, did I miss a link somewhere ?
@Sharon:
Don’t you think it’s time Dedo had a ride?
@Youri………..it does say that G Edward Griffiin will be on, but I don’t see that that would have anything to do with it.
@frances……Hi
@sharon @frances snoot
Havn’t got the faintest idea. I am just as curious as you are. I only have some remote glimpse on enemies.
@Sharon:
YOURI is a stodgy old coot, and he won’t clue us in at all about The Message.
Hi, btw.
@Dedo:
Maybe you just need to go for a ride…
@Youri…………..any idea what the big announcement will be from Alex Jones? I’m listening now but he’s just interviewing someone about global warming.
WHAT’S THAT DEDO ARE YOU WORRIED I’M FORGETTING TO BREATHE?
@Frances,….You’ll enjoy a few carbon credits, as long as you don’t breath to much!
New commodity trader categories: What do they tell us about speculators?: The CFTC last Friday published its fir.. http://bit.ly/K98Ot
If the whole world is short the dollar, then I’m long. This is just a fad , and a seriously crowded trade…
It won’t matter. One could be long gold, dollars, doughnuts and sweet tea, or puppies. The insiders will be the only one allowed access to a viable financial instrument. The rest of us will live on the reservation and watch the money float overhead like clouds. If we live.
If the whole world is short the dollar, then I’m long. This is just a fad , and a seriously crowded trade. Hyperinflation is a fairy tale, Ron Paul is stuck in the 80′s, and Milton Friedman was a hack. Monetarism is bullshit.
Commercial real estate is currently detonating here in the US. Sooner or later the banks will have to write off more bad loans which doesn’t exactly cause inflation.
Why would central banks want gold to fall? They own most of the world’s supply.
May I have a P please Bob! : )
@Phil,……thanks for that link buddy !,….The presenter, not unlike the MSM, tells of the symtoms, but seems to steer clear of the root causes. Do you think that is through ignorance or design?
“Today’s move in implied volatility suggests…that a
scramble for upside gold options could lead the spot gold price
higher,” he said.
“We are unconvinced that all the ingredients are in place
for a sustained surge higher in gold,” he added.
Implied volatility is a measure of demand for options, which
investors use to take advantage of, or protect themselves
against, sharp movements in spot rates.
Spot gold has now made three attempts to rise and stay above
$1,000, including Tuesday’s push. The market stayed above the
key level for one day in February this year and three days in
March 2008, when the record $1,030.80 was hit.
SUSTAINABLE?
Despite gold hitting $1,000, it is far from an
inflation-adjusted record, which analysts at GFMS have put as
high as $2,079 per ounce.
Some analysts have said the higher gold price reflects
uncertainty across markets about how central banks will untangle
themselves from fiscal stimulus aimed at reviving economic
growth, as well as dollar weakness.
“Gold is celebrating because the day when inflation might
return is getting sooner rather than later,” Ashok Shah, chief
investment officer at London and Capital.
“As long as the authorities are intent on not reversing
their policies then gold will remain in demand and it will be
wanted.”
From: PRECIOUS-Momentum propels gold over $1,000/oz http://tinyurl.com/mxu7by
Gold Will Keep Shining Above $1,000 http://www.cnbc.com/id/32729418
Gold steadies below $1,000
Gold inches closer to $1,000
Gold punches through $1000
@@@ Trying again !
Basically saying that first we outsourced our jobs and then unemployment. Shows how intertwined the US and Chinese economies have become.Notes that Ford paid his workers well .. the idea being that they would be able to afford the cars they make … ( BTW .. Ford was an opponent of the FED IIRC ).
Some Chinese cities are almost 100% dependent on US Consumption.
Just in the last year, 35 mio. Chinese have lost their jobs.
Chinese Government is very nervous; miles of factories have simply shut down … quite a few owners simply “disappeared” without even a word to their workers; a “wasteland” of factory plants !
Cities are becoming “emptied” and many people are returning to the countryside.
Hotels (bed-sits) are becoming empty.
.
.
.
The video makes it very clear that China’s growth is .. or was until now … very dependent on WW consumption, especially the US. ( BTW .. you’d think that Germany , as Europes bigger exporter, would be ringing the alarm bells as well . OK, maybe “after” the elections )
@Dedo
Here’s an alternative link :
http://current.com/items/90043902_outsourcing-unemployment.htm
PS: Spam filter blocking everything again ?
@Dedo / @Fibon11235
Here’s an alternative link :
http://current.com/items/90043902_outsourcing-unemployment.htm
… ” As American manufacturing went into decline, factories rose in China, and it quickly became the manufacturing center of the world. In some ways, China’s workers were our employees, since they were making stuff for us. That is, until our economy collapsed. Adam Yamaguchi travels to China to look at how we’ve outsourced our unemployment. ” …
Basically saying that first we outsourced our jobs and then unemployment. Shows how intertwined the US and Chinese economies have become.Notes that Ford paid his workers well .. the idea being that they would be able to afford the cars they make … ( BTW .. Ford was an opponent of the FED IIRC ).
Some Chinese cities are almost 100% dependent on US Consumption.
Just in the last year, 35 mio. Chinese have lost their jobs.
Chinese Government is very nervous; miles of factories have simply shut down … quite a few owners simply “disappeared” without even a word to their workers; a “wasteland” of factory plants !
Cities are becoming “emptied” and many people are returning to the countryside.
Hotels (bed-sits) are becoming empty.
.
.
.
The video makes it very clear that China’s growth is .. or was until now … very dependent on WW consumption, especially the US. ( BTW .. you’d think that Germany , as Europes bigger exporter, would be ringing the alarm bells as well . OK, maybe “after” the elections )
etc. etc.
PS:
… I wonder “who” is actually censoring, YouTube or the Govt. ?
Or maybe it’s a “paid video” and restricted to certain countries ?
@ Phil LOL x 2
@ Phil outsourcing unemployment.. sounds like a Great title maybe someone could look into it and?
What about Iceland and not paying against the punitive bonds?
What about China not paying against derivative default?
What about the Banks taking things they don’t like off their books?
What about China back stopping gold or is it a bluff?
What about Russia will they ask for delivery of Gold to end the Comex before the 15th September 2009 as stated in some article
or other? As Putin stated giving the US the medicine or is it a bluff? What will this mean to the Bullion Banks?
What is that Quadrillion Derivative Death Star doing, is it shrinking under realism?
So many things are going on? I have not a clue about what is going on really but its fun to guess.
I may not have much of a clue but personally I would not want a ETF right now in anything much lol
Many of these financial experts don’t seem to have a clue about anything so ha hoe…
Hey Max
Forget your Mc Jobs
Try Mc Curry!
http://news.bbc.co.uk/1/hi/world/asia-pacific/8243270.stm
Mike
@Phil,…outsourcing unemployment,..
@Nic Abbott … ” Tetsufumi Yamakawa, at Goldman Sachs, warned investors “…
LOL … GS, what a surprise !
@Dedo
@Fibon11235
Which one do you guys mean ?
TIA
@Nic Abbott … ” Analysts warn new Government’s policies could drive Japan into economic abyss ”
Whadya mean “Japan” .. that’s true of all Governments !
@Phil,……Can’t watch it in the UK either,…..
What’s this, Japan heading for an economic abyss?
http://www.timesonline.co.uk/tol/news/world/asia/article6825320.ece
@Fibon11235 ..
I can still access both :
Cerberus, Chrysler and China’s Chery Automotive
http://www.youtube.com/watch?v=xbu1ZS7eBcs
Outsourcing Unemployment: Vanguard
http://www.youtube.com/watch?v=YEDFgJACMcQ
Are you in the US maybe ?
I noticed that there is a lot of censorship dependent on the “country” ! Often the CNBC videos cannot be viewed here in Germany.
Stronger retail sales in June and July have not been sustained. Slump in August
http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article6825296.ece
@Phil
They took of your video due to youtube censorship, must of been good to be banned.
China selling yuan bonds
http://news.bbc.co.uk/1/hi/business/8243455.stm
@Mike2L .. Gold over 1000$
But it has to close over 1000$ as well .. first !
Hi Guys
My internet been down this morning………Anything happening?
Mike
The problem is China wants more power and the US wants to keep its monopoly. Although China has most American debt without America buying cheap products from china’s sweatshops; It is just a lot of paper to burn, so a big reason for China to wait and the US as well; mutual relationship. Yet the dollar has taken such a beating that it probably won’t last long; as soon as the US and China can work out a deal (beside other economic powers agreeing as well) someone will act: most likely to be an “passive” devaluation of the dollar and a new economic model based on special drawing rights and carbon taxes/emmision rights (or another virtual currency/non fractional reserve banking system). First the public has to get used to the idea, thats the reason of all the mainline media talking about it, second the involving countries/economic powers haven’t got the plan fully worked out yet ( or haven’t made it public/haven’t leaked it). and as “last step” i think it will be very hard to replace the american dollar, due to the nationalism/pride; so maybe a smaller step first like the Amero. Gold is just as manipulated as any market; the price can drop over night if the speculators really wanted to or more paper gold is printed, it is proven to be solid over history and much better than the FIAT currency/corrupt stock markets, but is it really “the” solution?
That’s atleast what i think, just another useless uneducated opinion.
aren’t the UN supposed to be a puppet org ?
http://www.marketwatch.com/story/un-body-calls-for-dollar-reserve-role-to-be-axed-2009-09-08
looks like max chose the wrong week to berate schiff’s investing acumen
Debtruth@YT … Cerberus, Chrysler and China’s Chery Automotive
http://www.youtube.com/watch?v=xbu1ZS7eBcs
Listen to the last few minutes in particular.
And for those with a bit more time :
Outsourcing Unemployment: Vanguard
http://www.youtube.com/watch?v=YEDFgJACMcQ
@King Dollar .. ” McAircraft carriers & Oil ”
You mean the “One hit and it’s all over” boats ?
Seriously, it’s one thing to boast about winning wars against effectively defenseless countries ; it’s another to take on the whole world . I doubt that it will come to this of course !
“Yes, we have McJobs, but we also have McAircraft carriers in case anyone wants to play around with our energy supplies.”
This is a sickening comment. Shame!
Stacy, yes, I have seen this interview. It would be nice if foreign exchange markets were so simple as to be summed up in neat eight word axioms.
If China were to believe these axioms, it certainly wouldn’t be freezing its currency, amassing huge reserves. Instead it suppresses its currency, which hollows out the US manufacturing base. Indeed a victory for currency devaluation.
Currency markets are like a game of chess. There is no one correct move, your next move depends on your opponent’s last move.
Yes, we have McJobs, but we also have McAircraft carriers in case anyone wants to play around with our energy supplies.
MAX BLOG – PIrate Yield and Sales Yield Numbers are Now Working
September 8th, 2009 08:02
On each of the project pages PMF estimates the estimated return for Premium Copy buyers and producers under the Estimates section. For example, several projects offer estimated returns of $30, $40 and $50 per each $5 Premium Copy purchased in these projects.
ON THE ROAD/ Stacy Herbert
Estimates
1. Pirate Yield
* Return per premium copy per $100000 ad revenue: $11.67 per $5 Premium Copy
* Breakeven Point:$42857 Ad Revenue
* Producer return per pirated copy per $100000 ad revenue $30000.00
2. Other Sources Of Revenue
* Return per permium copy per per 100000 retailed copies (Assuming $5 per copy): $16.67
* Breakeven Point30000 Copies
* Producer return per 100000 retailed copies (Assuming $5 per copy):
http://www.piratemyfilm.com/projects/18
@King Dollar – a strong currency is preferable to a weak currency; the so-called ‘socialist’ countries of Europe had nothing to do with the dollar tanking but rather it was the allegedly capitalist US’s own fiscal and industrial policies; if most people have a McJob they are going to have to buy in all their needs from overseas
Watch Death of the Dollar 2 to hear former US assistant Treasury Sec, Paul Craig Roberts explain why a strong currency is preferable to weak:
http://www.youtube.com/watch?v=54MUm2P1jOU
>>“We are still skeptical that this is a sustainable rally and a comeback could be very painful,” Andrey Kryuchenkov, a VTB Capital analyst in London, said before today’s advance in gold. “Risk-averse buying is nowhere near the levels we saw last winter.” <<<
People are such idiots.
Social Democratic German Finance Minister Peer Steinbrueck once remarked that “I prefer a strong euro [...] I love cash and a strong euro.”
Well now you’re getting it my friends, and having an overvalued currency is not all it’s cracked up to be. Not when you have major member states asphyxiating on their debt loads.
It would be wonderfully ironic to see some of these Euro-Socialist governments destabilized due to the insane policies of the EU/ECB. EUR/USD at 2.0, mais oui!
You tell this to Mish Shedlock: he believes that everything is manipulated……………….but not the price of gold.
@Mike .. Gold price / NY Open
Yes ..same old game.
Interview – George Galloway – Mr. Galloway Goes to Washington
http://www.youtube.com/watch?v=mPKBKcYIoXM&feature=sub
Very good interview … worth every minute ( 30 mins ) !
On gold.
They allowed it to go to 1000 level. They want stress and motivated attendees at the G20. It will get hammered to the 995ish level when New York opens and hang there ish until the conclusion of the G20 meeting….then it will be surpressed again as happened last meeting. Gold price has nothing to do with supply and demand and everything to do with agenda and its price is being totally manipulated for agenda purposes.
Gold is in total control by the money controllers.
By the way….. they allowed it to “set the mark” the very first time it hit 1000 to produce a gold rush for their benefit. The rush promoted the approval of gold ETF funds worldwide….which is directly controlled by the entity. All ETF gold fund money is put into their accounts for use in surpression and money extraction from gold investors. DO NOT INVEST IN GOLD ETF’S. PERIOD.
Furthermore…..despite having 99 percent of my money in 4.5 kilos of gold bullion here in bangkok. I feel that the entity will never allow gold to go ballistic. I feel they will allow it to go up to prevent default on the comex from the physical market pressure but will gain complete surpression control as soon as the new world currency takes shape during the collapse.
Who knows…….but one thing is for sure……the entity controlling gold is EXTREMELY powerful.
>>“We are still skeptical that this is a sustainable rally and a comeback could be very painful,” Andrey Kryuchenkov, a VTB Capital analyst in London, said before today’s advance in gold. “Risk-averse buying is nowhere near the levels we saw last winter.” <<
Well this is the crux of the issue now isn't it. Is this move in Gold just another head-fake with vomit coming as Max allude to in the last mp3 transmission?