We investigate the black hole of debt sucking in our economies, jobs and wealth like strings of spaghetti past the economic event horizon. In the second half, Max Keiser talks to Ned Naylor-Leyland of Cheviot Asset Management about the fishy smoke signals blowing at the LBMA regarding silver contracts and about the debate between inflation, deflation, hyperinflation actually being a debate about the final denouement of paper currencies. Ned also reveals that the LBMA is about ten times larger than the Comex and that BBC’s flagship programme, Panorama, had interviewed him and Andrew Maguire about silver manipulation and yet have never aired the episode.

@ MirrorMirror: sarcastic? Kind-of.
Better prepare having something to read beside it when listening and having a good cup of coffee haha!
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Serbian NATO-Ambassador dies after 10m. fall from parking house in Brussels.
http://www.spiegel.de/politik/ausland/serbischer-nato-botschafter-stuerzt-in-den-tod-a-871131.html
Apparently he jumped … but it is not clear yet.
FWIW
Man, that Cory Doctorow writes good:
http://boingboing.net/2012/12/05/translating-plutocrat-economic.html
Another Corey re writing:
http://www.youtube.com/watch?v=gXPYhW8Q74w
*
write swell*writes well
Wouldn’t it be something if Cory Doctorow, himself, taught writing?
Oh, wait, he does:
http://literature.ucsd.edu/affiliated-programs/clarion/index.html
Excerpt Lindsey Williams interview Alex Jones 4 December:
The elites don’t want the system to collapse not yet, they want to create more debt. (So that they can introduce the NOW)
The dollar is already dead (due to the collateral treaties of using other valuta then the USD by many not US countries), but the collapse will take place within 4 years.
Gold will be 3000 USD @ 2016
The 40 billion USD buying of MB securities of the FED will decrease the value of the USD by 3-4% each month. (?: doesn’t correlate with the value of gold in 2016, seems to me erroneous)
The old fashioned elites have two problems: Obama and the BRICS. “a new renegade elite”, “out of control president”
All new elections will be not free but rigged.
Millions of Muslim people will brought in to the US and made US citizens over the next four years.
Forced debt creation.
They will tax the middle class into oblivion.
They want to make students so in debt, having convinced them to loan money from the government, that they are in total control when they are leaving the study.
The fiscal cliff biggest bag of wind, used to force you to accept new taxes.
Taxing the rich: a smoke screen, a side line.
Taxes: national sales tax, Obama Care tax, etcetera.
Wallmart and the large (fast-) food chains will hire people for less than 30 hours per week.
You have to learn to be your own doctor.
NOW = off course NWO
@Fran .. thx for the notes
Latest KR coming : – preview
http://www.youtube.com/watch?v=kHBmZXyX2jc&feature=g-all
R.I.P. Dave Brubeck
http://youtu.be/e1S_vA0ougg
Austrian central bank refuses to answer gold leasing questions
http://www.gata.org/node/11988
PS:
“Dear Mr. Gutlederer:
“You may be interested to watch the beginning of this current ‘Keiser Report’ (until 6:06):
“Please be aware and take into consideration that Stacy Herbert and Max Keiser are informed about this inquiry of mine.
“Best regards, Lars Schall.”
a clarion call?
@Vonda Bra
Indeed when I hear Dave Brubeck I think ‘Take Five’ – R.I.P. – Studio version http://youtu.be/y9aG3wUrfrE
Dave Brubeck, Who Helped Put Jazz Back in Vogue, Dies at 91 http://www.nytimes.com/2012/12/06/arts/music/dave-brubeck-jazz-musician-dies-at-91.html?pagewanted=all
Walgreen same-store sales fell 6.2% in November http://www.marketwatch.com/story/walgreen-same-store-sales-fell-62-in-november-2012-12-05
China listings may soon flee U.S., expert says http://www.marketwatch.com/story/china-listing-may-soon-flee-us-expert-says-2012-12-04
Themis Trading says high-speed trader study pressures SEC http://blogs.marketwatch.com/thetell/2012/12/05/themis-trading-says-high-speed-trader-study-pressures-sec/
They note that the study says that “high-frequency traders are profitable, especially a group categorized as “Aggressive (liquidity-taking)” speed traders…” The study says that “aggressive” high-frequency traders earn an average of $45,267 per day in profits while “mixed” and “passive” high-speed traders earn “significantly less” at $19,466 and $2,460 per day respectively.
SEC general counsel, trading chief to leave agency http://www.marketwatch.com/story/sec-general-counsel-trading-chief-to-leave-agency-2012-12-05
‘Call of Duty: Black Ops II’ sales hit $1 bln mark http://www.marketwatch.com/story/call-of-duty-black-ops-ii-sales-hit-1-bln-mark-2012-12-05
Hoarding Now Classified As A Mental Disorder !!!
http://youtu.be/M3pXFKdfWpc
PS: just watching ….
this guy is not exactly a hoarder but a pig!
Israeli nukes it’s about time the world stood up to the racist state
http://www.youtube.com/watch?v=QGua8eGNyu0&feature=share&list=UU1vTH0ByVIcIOB83FbvHP7Q (14:51)
STUDY ALL SIDES – by Chris from the ..
http://theweeklytelegram.com
please watch this … if you can bear it ..
Hillary Clinton’s First 2016 Campaign Ad? – (Nov. 30, 2012 – CSPAN) !!!
http://youtu.be/cgIK3LBc-GI (8:06)
@Al Kyder/Danny Cunnington… LOL[flying saucer] thanks guys … if this amazing, Iranian stuff is true, it kinda sorta, blends in with the premise that we are now, far too technologically, adept to be ethical in a monetary context moreover repeating the same thing in a military context[never mind that it be somewhat an oxymoron] In turn this makes the monetary system antiquated, dangerous and functionally obsolete??… should promote some serious game changing, thought.
… but then again no, has to, needs to have something like, …like “global warming” … “libertarian” or perhaps even POOL?
http://www.youtube.com/watch?v=LI_Oe-jtgdI
@evolutis
The Music Man (1962):
00:20:00 Is he starting to memorize jokes from Captain Billy’s Whiz Bang?
00:20:05 Are certain words creeping into his conversation?
00:20:09 Words like…
00:20:12 Like “swell.”
00:20:14 And “So’s your old man.”
LOL
the always great … and informative … !!!
Jeff Berwick on This Week in Money Nov 29 2012
on a range of issues. …..
- The bankruptcy of Hostess
- Other companies going the way of Hostess
- The future of the middle class
- Chile’s economy
- The future outlook for Canada
- The US secession movements
- The nationalization of 401Ks and IRAs
- Marijuana legalization
http://youtu.be/fCHr9z9jj_g (20:14)
crypto style of Julian Assange
Wonder if Max and Stacy had any couch to go home and sit on?
Legends…Ned Naylor-Leyland is one of my favourite guests. He’s always very elequent and knows his subject matter extremely well. Go go Golddddddd
Or couch as in therapy?
https://twitter.com/shoeofallcosmos/status/270014666690924544
Bob Costas is arguably the preeminent sportscaster in all of the US. He has failings sure, but he perhaps at least deserves an invitation to appear on Max’s show, in light of Max’s summary dismissing him in toto, for those several shortcomings.
Bob Costas is certainly no Tom Woods.
hi Vonda girl.
Wow, Vonda, you really knocked me out with the Jeff Berwick interview! Haven’t seen that cat before. I’ll have to catch up with the weekly telegram here in a bit… so much to do! And read! But I definitely have been loving your posts!
http://www.youtube.com/watch?v=MmZexg8sxyk
Along with everyone elses posts of course….
All good threads…
@I_Cant_Believe_Its_Just_a_Dip – yes, I think we’ve gone overboard with the special effects . . . lol, you madman
@JonnyJames – thanks! and yes I think the comments are the best here, too; I always find either a good laugh or great info here . . . oh and sometimes the urge to throw my computer across the room
@Ross Canning – nope, we sacrificed it for the show
@Tara Canning – yes, though I thought this was the best ever Ned interview
@Crumpet – no, nobody gets paid to appear on AJ! Only Arab media does that.
@Eric. i just want to say here, the shorts are trapped here Eric. trapped, i tell ya. that,s my favorite line. trapped in shorts.
http://www.zerohedge.com/news/2012-12-05/bombshell-deutsche-bank-hid-12-billion-losses-avoid-government-bail-out
silverfuturist today and yesterday …..
Gold to DOW ratio predictions
http://www.youtube.com/watch?v=X9UMGyuFibo&feature=share&list=UUBgYfi5EKCfD7ZJiIBDArSQ (7:43)
US Mint’s real mission
http://www.youtube.com/watch?v=693r8zeB84U&feature=share&list=UUBgYfi5EKCfD7ZJiIBDArSQ (5:38)
Imo, Ann Barnhardt is the modern “Joan of Arc”
http://www.youtube.com/watch?feature=player_embedded&v=o6Iozyg-xs4
Ohhh, the fire burns in her.
@ stacyherbert
@ jonnyjames
@Danny Cunnington
Ha and who’da thunk it / that myself and Danny Cunnington would be talking all flying Saucers and S%#
But. and a great big BUT, this is not some UFO, this is magrav, (anti-Grav) and it is looking like the Iranian scientists have cracked it.
Libya, Iran Contenders Seek French Refinery As Its Oil Supply Ends
Potential buyers from Iran and Libya this week stepped up efforts to take over a bankrupt French refinery, despite Royal Dutch Shell PLC’s (RDSB.LN) decision to stop supplying the plant with crude this month.
The interest from atypical contenders for the French refinery, which may have to shut down if another crude supplier cannot immediately be found, highlights the French government’s challenges in seeking to keep domestic refineries open.
The Petit-Couronne refinery in Western France was among a string of industrial facilities new French President Francois Hollande had promised to protect before being elected. The refinery is in trouble after its owner, Swiss-based company Petroplus Holdings AG, filed for protection from creditors.
By the way the post above about Vitol. Vitol the worlds biggest oil trader is Swiss based.
Iran extracts data from US spy drone
DUBAI (Reuters/AFP) – Iran has obtained data from a US intelligence drone that shows it was spying on the country’s military sites and oil terminals, Iranian media reported its armed forces as saying on Wednesday.
“We have fully extracted the drone’s information,” Iran’s Islamic Revolutionary Guard Corps (IRGC) said in a statement on Wednesday, according to Iran’s English-language Press TV.
The drone was gathering military information and spying on the transfer of oil from Iran’s petroleum terminals, the IRGC statement said, according to Press TV. Iran’s main export terminal is at Kharg Island.
The US government has focused on blocking Iran’s oil exports through sanctions to persuade Iran to give up its disputed nuclear program, which the US and its allies believe is aimed at developing a bomb, something Iran denies.
Meanwhile, Iran’s Revolutionary Guards are telling the United States to “recount” the drones in its fleet as they insist that – despite US denials – they captured a small US unmanned spy plane over Gulf waters, Iranian media said Wednesday. “Its capture is not an issue the Americans can easily refute,” Guards spokesman Brigadier General Ramezan Sharif was quoted as saying.
“I advise the American commanders to recount their drones accurately,” he said.
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Greece Financial Crisis (part 2)
https://www.youtube.com/watch?v=CkNArgNPI2Y&list=UL
Khan Academy …. a “New Drachma” is best solution.
Khan Academy —> an excellent Website for Free Education Help.
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Amusing piece designed to diss Gold :
Why the Gold Standard Is the World’s Worst Economic Idea, in 2 Charts
http://www.theatlantic.com/business/archive/2012/08/why-the-gold-standard-is-the-worlds-worst-economic-idea-in-2-charts/261552/
Wow … let’s all just print money … we’ll all be rich !
The author ignores of course the last 300 years of banking history … conveniently.
The reasons he gives are also “wishful thinking” … and obviously hasn’t read the right books.
Care and Compassion
http://www.theage.com.au/victoria/psos-target-disabled-homeless-with-fines-20121206-2axp1.html
@Frans @All
Well it doesn’t look like anyone else has posted the new Jim Willie interview, which is pretty full of info this time, even for him:
http://www.youtube.com/watch?feature=player_embedded&v=5ciVpNa4-7M#!
I still have that nagging question though: if the US will eventually be dragged kicking and screaming to the gold-standard, as JW says, and China has arranged these trade deals which will be backed by either yuan or another currency, then slowly all countries except US/UK/Western Europe will move over to it, then it all looks like just the cock-up theory was correct, where the normal course of events takes place, and the rest of the world eventually gets sick of all the corruption, slowly creates its alternative to the Petrodollar, and we all stumble into a new beginning. So far so good.
However, how do we explain what CAF says, that the bankers have been well rewarded for doing just what they’ve done, and the big banks will eventually be disbanded to make way for community banks, CAF also says these people are a breakaway civilisation (i.e. new technologies) and they can kill with impunity – look at all the deaths/suicides of whistleblowers! Add to this other voices: Lindsay Williams (who says the currency of the elite is gold), Bill Cooper, Carroll Quigley, Aaron Russo, Orwell, Huxley, etc, etc etc, all of whom have been warning for decades of this plan by a small group of people to take over the world. Coincidences abound: end of Fed Reserve contract coming soon, news about 911 coming up again, paedophile info finally coming out, mainstream media publishing corruption in financial world and Max going public, the global criticism (finally) of Israel, all part of the mega plan…………
Why here? Why now? I urge you to read this:
http://educate-yourself.org/cn/protocolsofsion.shtml#6
Heck, even JW mentions Nazi’s from time to time, but he acknowledges that it’s dangerous to do so. He says these bankers will just disappear, and the inference is that they’ll be murdered: how about they all just disappear to live their lives of wealth and luxury after plastic surgery on their islands/mountain tops somewhere??
We’ve got a new couple bought the isolated house at the top of our valley recently, and the man is in a wheel-chair – don’t often see him, always covered up – heck, it could be Kissinger for all I know!
@susan … Zionists etc.
Where do you find this stuff ? … but Thx .. it was very interesting reading.
.. almost too conveniently fitting the current Fraudancial System.
I checked the “authenticity” links at the bottom, but I found them actually less “authentic sounding” than the article itself… with references to conspiracy books & death stars etc. etc. Are you sure JW didn’t write all this
.. just joking of course.
@susan … I’m not knocking you or the article … just wish they’d provide some sort of “concrete evidence” .. because it is all so easy to dismiss due to lack of proof.
haha. polish? http://www.dailymail.co.uk/news/article-2243467/Chateau-Bellevue-Bungling-builders-bulldoze-18th-century-French-chateau-mistake.html
Job-cut announcements up 20% in November http://www.marketwatch.com/story/job-cut-announcements-up-20-in-november-2012-12-06
Hostess bumps Nov. layoffs up more than 30% -December numbers already off to quick start with Citi layoffs http://www.marketwatch.com/story/hostess-bumps-nov-layoffs-up-more-than-30-2012-12-06
Challenger: U.S. planned job cuts up 20% in Nov. http://www.marketwatch.com/story/challenger-us-planned-job-cuts-up-20-in-nov-2012-12-06
The 10 biggest U.S. corporate layoffs of 2012 http://www.marketwatch.com/story/the-10-biggest-us-corporate-layoffs-of-2012-2012-12-05
South Korea revised Q3 GDP growth misses forecast http://www.marketwatch.com/story/south-korea-revised-q3-gdp-growth-misses-forecast-2012-12-05
ECB staff sees weak economic growth through 2014 http://www.marketwatch.com/story/ecb-staff-sees-weak-economic-growth-through-2014-2012-12-06
Men’s Wearhouse slumps on disappointing outlook http://www.marketwatch.com/story/mens-wearhouse-slumps-on-disappointing-outlook-2012-12-06
StanChart expects lower revenue growth for 2012 http://www.marketwatch.com/story/stanchart-expects-lower-revenue-growth-for-2012-2012-12-06
FRAUD
Deutsche Bank reportedly misvalued derivatives http://www.marketwatch.com/story/deutsche-bank-reportedly-misvalued-derivatives-2012-12-05
HSBC may pay $1.8B money-laundering fine: report http://www.marketwatch.com/story/hsbc-reportedly-may-pay-18-money-laundering-fine-2012-12-06
Cathay Pacific to pay Australia price-fixing fine http://www.marketwatch.com/story/cathay-pacific-to-pay-australia-price-fixing-fine-2012-12-06
SEC charges banker, 9 others in insider-trading http://www.marketwatch.com/story/sec-charges-banker-9-others-in-insider-trading-2012-12-05
LG Electronics to appeal European Union fines http://www.marketwatch.com/story/lg-electronics-to-appeal-european-union-fines-2012-12-06
@ Susan: THANKS!!!!!!!
Wall Street Job Reductions Seen Persisting After Citigroup Cuts http://www.bloomberg.com/news/2012-12-06/wall-street-job-reductions-seen-persisting-after-citigroup-cuts.html
Deutsche Bank Accused of Hiding Securities Losses http://www.bloomberg.com/video/deutsche-bank-accused-of-hiding-securities-losses-crM3nUMPS7KIMa1x66Qq5g.html
Dec. 6 (Bloomberg) — Bloomberg’s chief financial correspondent Christine Harper reports that deutsche bank is denying allegations by a former employee that the bank engaged in a multibillion-dollar securities violation. She speaks on Bloomberg Television’s “Market Makers.”
Ex-BlackRock Fund Manager Lipsky Settles Contract Lawsuit http://www.bloomberg.com/news/2012-12-06/ex-blackrock-fund-manager-lipsky-settles-contract-lawsuit.html
Rajat Gupta Insider Appeal to Be Heard as Early as April http://www.bloomberg.com/news/2012-12-06/rajat-gupta-appeal-set-for-expedited-consideration-by-court.html
CO2 Scam May Boost State Revenues by Half, EU Note Shows http://www.bloomberg.com/news/2012-12-06/carbon-fix-may-boost-state-revenues-by-half-eu-document-shows.html
Banking Bailouts Not Too Expensive but California High-Speed Rail Too Expensive http://www.bloomberg.com/news/2012-12-06/california-high-speed-rail-too-expensive-mccarthy-says.html
Exclusive: HSBC might pay $1.8 billion money laundering fine – sources http://www.reuters.com/article/2012/12/06/us-hsbc-moneylaundering-settlement-idUSBRE8B500Z20121206
Argentina Files Complaints Against U.S. and Europe With WTO http://www.businessweek.com/news/2012-12-05/argentina-files-complaints-against-u-dot-s-dot-and-europe-with-wto
Finland’s economy slips into recession http://www.bloomberg.com/news/2012-12-05/finnish-economy-joins-euro-area-in-recession-on-investments-1-.html