China Wants US Reassurance Over Dollar
China’s Premier ,,, Yep,, don’t get no higher dan dat,,, Just Today,,,, Dang I was a thunkin that they was gona provide fur me retirement,, http://abcnews.go.com/Business/wireStory?id=10095318
China’s Premier ,,, Yep,, don’t get no higher dan dat,,, Just Today,,,, Dang I was a thunkin that they was gona provide fur me retirement,, http://abcnews.go.com/Business/wireStory?id=10095318
All I know is what I read in Ipso’s post. I hope it’s not true, but I fear that it could be.
John Key - yes, he did work for GS. A long time ago, but not long enough.
GST on bullion. Not here.We get ours from NZ Mint.
compared to the Crooks in our own Government,,, Where is the outrage???????? When are the People going to stand up,,,, Probly not as long as their all entertained,,, average person knows more about the American Idol contestants than what is happnin with thier future http://news.yahoo.com/s/ap/20100314/ap_on_bi_ge/us_social_security_ious
1p ET Sunday, March 14, 2010
Dear Friend of GATA and Gold (and Silver):
GATA Chairman Bill Murphy was formally invited Friday by the U.S. Commodity Futures Trading Commission to speak at its meeting in Washington on Thursday, March 25, to examine futures and options trading in the precious and base metals markets.
The CFTC’s announcement of the hearing can be found here:
http://www.cftc.gov/newsroom/generalpressreleases/2010/pr5782-10.html
GATA’s appeal to the CFTC on position limits in the precious metals futures markets can be found here:
The CFTC’s invitation results from GATA’s long prodding of the commission to investigate the anomalies of the precious metals markets, particularly the concentrated short positions held by JPMorgan Chase & Co. and HSBC, and from the prodding done by dozens of GATA supporters who have heeded GATA’s requests to contact the commission. The CFTC’s hearing likely will be the first time the gold and silver price suppression schemes have been raised at a formal and open U.S. government proceeding.
The CFTC says its hearing will be open to the public and broadcast via the Internet and a listen-only conference call.
GATA has put great effort and expense into reaching the CFTC on this issue and into suing the Federal Reserve in federal court for information the Fed acknowledges concealing about its gold swap agreements with foreign banks, agreements that likely are at the heart of the gold price suppression scheme.
Information about GATA’s lawsuit can be found here:
We’re making good progress, actually doing things to liberate the gold and silver markets, even as the gold mining industry’s nominal representative, the World Gold Council, remains silent about anything that really matters to the precious metals despite its annual budget of around $60 million. So again we ask for your financial support. Sending a small delegation to the CFTC hearing will cost money, as will getting the attention of the news media there. Prosecuting the lawsuit against the Fed will cost money. And quite apart from that, much effort and expense go into keeping the precious metals price suppression issue alive every day.
Since they are so vulnerable to their governments (for mining and environmental permits) and their banks (mining being the most capital-intensive business), even mining companies that recognize the gold and silver price suppression scheme are reluctant to support an organization such as GATA that seeks to make trouble for governments and banks. That may explain the World Gold Council’s uselessness. For the most part that leaves our cause up to individuals. So if you’re inclined to help financially, please visit:
We’ll strive to see that you’re glad you helped.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
“The rover” I don’t remember seeing that but it looks like a goobermint contraption for sure.
I wonder does “Hotel California” make a good analogy for all the debt that will never be paid.
Nice rendition! ![]()
Thanks for the great stories - enjoyed them very much as always ! ![]()
The truth will come out after these people have lived their lives and their dead and gone and the people they killed will be wating for them on the other siide. it was interesting the subject of the uss liberty was brought but but no correlation between that and the twin towers insodent esp. when the president at the time flipped his middle finger at peace talks while vise pres making deals with big oil companies wanting exposure in middle east. I also wonder why that people who worked in the towers who got that call by people “in the gov.” not to go to work that day didnt warn others.And they did get that call.Was it that they seperate themselves like you them? And why is the gov. so quiet about it? Oh yeah, it was them. In the days our country was still America they would have been taken in a office and questioned. But I was at a meeting somewhere else “with otheres who wernt there”But this is not a war board.well maybe a little when gold goes down.
Fully maybe we should have a poll on gold, if they think its going up or down.
Quiet in the crib this am eh … Speaking of blobs and governments ever see the blob or “Rover” as it was affectionately called from the Prisoner series ? www.youtube.com/watch?v=I6Ffr1U7KMY
such a lovely place
I guess I got bored with the same old bickering that occurs each time the gold market gets slow and downbeat before it’s next leg up -
so I did what I always do - reminisce and look back at the happy trails I traveled. (like Roy) Yes I added a couple of more oil and gas stories on IMDB under Energy. Up to 25 short stories now on page 2 - that should be enough to bore anyone to death except some young geologist wanting to get rich - “How my friend Clark made a Billion dollar mistake!” Yes it really happened. Deadeye
Did you ever see that old Steve McQueen movie The Blob? That’s how I picture government. They just get bigger and bigger until they absorb everthing. I think we need a thoroughl trimming.
The monetary, political, and job producing directional reforms of Freedom’s Vision all work together to create a strong foundation for a prosperous and healthy America. The benefits of Freedom’s Vision are many:
1. Avoid the disaster about to unfold – regardless of how we get there, by inflation or deflation, the math of debt that underlies our currency does not work. This would break that math and preempt the negative events that are going to follow should we fail to take action.
2. No more debt backed money for our Federal Government. Lower taxes and more productivity result.
3. Direct and immediate relief for people in debt, accomplished in a way that’s fair to everyone including those who are not in debt and without creating excessive price inflation, deflation or a giant “moral hazard.”
4. Direct and immediate compensation for those who are savers and have been damaged by past practice.
5. Relief for States, almost all of whom are in deep debt trouble.
6. Cleanses the banks and financial businesses of unserviceable debts and derivatives and would ensure that they stay that way. All banks would survive the transition, immediately benefiting from improvements in our citizen’s balance sheets. The same process would be used to cleanse other financial like businesses.
7. Businesses, both large and small, would immediately benefit from our citizens and the banks improved balance sheets.
8. Unfunded liabilities would immediately get better with zero percent price inflation.
9. Limits on special interests would separate their money from politics lessening the pressure to continually increase the quantity of money. This allows long term decision making. Special interests associated with the banking, oil, defense, food, insurance, and other industries would no longer have their huge pull. Thus politicians would not have to focus on spending our resources on special interests, but instead on the interests of the people. Budget pressures would decrease as a result.
10. States would exercise more control over their own destiny. Lower taxes on the state level, more productivity. Low cost money would become available to repair and upgrade current infrastructure and to build the infrastructure of tomorrow’s commerce.
11. The powers possessed by the central banks would be greatly diminished freeing our country and others from their methods of control via debt, now even issued worldwide by the IMF. Countries would no longer be working to pay central banks interest. Instead they would work to develop their own rule of law. Their productive labors could be used to improve their own infrastructure, to feed and cloth themselves, and to build a future for themselves. In other words, they need to be taught how to fish, not simply given a fish and asked to pay it back forever and ever.
12. No price inflation eroding away future savings. People who take on reasonable debt could once again make progress towards paying it off.
13. Massively supports education, underpinning progress so that we may continue to lead the world in innovation and the production of meaningful technologies.
14. Provides a national mission - focused on creating the energy and infrastructure of the future. REAL and meaningful economic growth would ensue and massive new employment would result.
Turning these reforms into reality is absolutely possible. We are going to rise our collective voices to DEMAND that they are. YOU have more power than you know, especially when you demand what is fair and JUST. We are not asking you to place your name on some petition. We are asking that you stand erect, lift your head high where it belongs and COMMAND our representatives to implement these reforms. Failure to do so will cost them their jobs and they WILL do as they are commanded by US, the people.
The SWARMS are coming, please stay involved and stay tuned.
I have a hard time understanding that too. It seems to me that higher taxes would be somewhat deflationary if it reduces the demand for money.
Can “this system”… be openly exposed? Can we stand the real truth….maybe….maybe not?????? …
Cohen’s ballet…everybody knows…frankly…
i question this statement?
The “only way” truth will prevail is the day when this very fraudulent system is exposed. Can the principals be brought to the high court of the land?? Can the court demand and can the revealing truth create change and honest banking???
The key is… can it be exposed? Monday NEWS should read……???? If it does not???? What does that mean?
Financially we are racing into the abyss and the leadership wishes to reform health care/ or is that just another very elaborate new taxing of the citizens???
Regarding these last few days…..I think the clubhouse’s rules were applied…key to this comment ….the term clubhouse….smile…..
I think….Monday’s headlines should read…..but i am just commenting….The runner mentioned He worked for God, several days ago…. he continued with the comment he was not pleased with me lately…..maybe i should too… stop commenting….
well….it is complicated….frankly …I think …….
“Even with the same volume of money in circulation, new tax penalties from Washington will lower money demand for investment purposes, making each new dollar printed by the Fed that much more inflationary. So the great risk is that rising tax rates will make the Fed’s bloated balance sheet even more inflation prone over the next few years.”
It’s way past my bed time, that’s my excuse. Can you explain what he’s saying? I was going to ask specific questions but I realised none of it made sense to me.
I wish every-body knew this message.
But the song fits Wall Street values.
So yes it’s the perfect song,you made a nice find!
“Socialism only works in two places: Heaven where they don’t need it and hell where they already have it.” -Ronald Reagan
‘Here’s my strategy on the Cold War:
We win, they lose.’
- Ronald Reagan
‘The most terrifying words in the English language are: I’m from the government and I’m here to help.’-Ronald Reagan
‘The trouble with our liberal friends is not that they’re ignorant; it’s just that they know so much that isn’t so.’
-Ronald Reagan
‘Of the four wars in my lifetime, none came about because the U.S. was too strong.’- Ronald Reagan
‘I have wondered at times about what the Ten Commandments would have looked like if Moses had run them through the U.S. Congress..’ -Ronald Reagan
‘The taxpayer: That’s someone who works for the federal government but doesn’t have to take the civil service examination.’- Ronald Reagan
‘Government is like a baby: An alimentary canal with a big appetite at one end and no sense of responsibility at the other’- Ronald Reagan
‘The nearest thing to eternal life we will ever see on this earth is a government program.’ - Ronald Reagan
‘It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first’- Ronald Reagan
‘Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it’
- Ronald Reagan
‘Politics is not a bad profession. If you succeed, there are many rewards; if you disgrace yourself, you can always write a book.’- Ronald Reagan
‘No arsenal, or no weapon in the arsenals of the world, is as formidable as the will and moral courage of free men and women.’- Ronald Reagan
‘If we ever forget that we’re one nation under GOD, then we will be a nation gone under.’-Ronald Reagan
Yellen is Spellin’ Future Inflation
by Larry Kudlow
The new Obama Fed is going to be very dovish when it comes to fighting future inflation and defending the value of the dollar.
The president has nominated Janet Yellen to be vice chair of the Federal Reserve. Ms. Yellen is a distinguished economist who subscribes to the Phillips-curve model that trades off unemployment and inflation. In other words, rather than excess money creation as the cause of rising prices, she focuses on the unemployment rate, the volume of new jobs being created, and the growth of the overall economy. For Ms. Yellen, inflation is caused by too many people working and too much economic prosperity.
And since we have the opposite problem today — high unemployment and too few people working — she will be the last Fed governor to turn out the lights on the central bank’s zero interest rate.
There is no evidence in Ms. Yellen’s public opinions or speeches that she might use a market-price rule — targeting commodities, gold, bond rates, or the dollar — as a forward-looking inflation (or deflation) signal. So the absence of a commodity- or dollar-price rule will continue at the Fed. Ben Bernanke doesn’t use a market-price rule, and Obama’s additional Fed appointees — whoever they are — will undoubtedly come from the same Phillips-curve camp.
Even more troubling, fiscal policies coming out of Washington will reduce the investment demand for money. This is because tax rates on those individuals, families, and entrepreneurs who are most likely to save and invest are going up. Rather than extending the Bush marginal-tax-rate cuts on capital gains and other forms of investment, Washington will let that tax relief expire at the end of this year.
On top of this, Obamacare proposes to apply the 2.9 percent Medicare payroll tax on ordinary labor income to capital gains, dividends, interest, and profits from passive investments in partnerships and S-corporation small businesses.
Saving and investment are already double-taxed several times over. This includes the inheritance tax, which is slated to rise substantially next year. But taxing successful investors and earners is the exact wrong policy;
Even with the same volume of money in circulation, new tax penalties from Washington will lower money demand for investment purposes, making each new dollar printed by the Fed that much more inflationary. So the great risk is that rising tax rates will make the Fed’s bloated balance sheet even more inflation prone over the next few years.
——————————————————————————–
Been watching this documentary on HBO about Iran and their president - not even sure I can spell his name. The only thing I can say is that the west must want him in power. He would be an easy target if the west wanted him dead. Lax security, roaming in open country. Just doesn’t pass the smell test.
Margaret - so the gov’t is really censoring certain sites? I read that over on roguegovernment.com but wasn’t sure if it was true or how widespread it was. Very disturbing.
ferret - so you think there is a high probability of a crash? Not disagreeing but why do you think so? This market has been just drifting higher nearly everyday on anemic volume - I’m not “getting it”
Say it isn’t so, say it isn’t so. John Key worked for G-S? Please say No. The Internet is being censored? Surely not!
And while I’ve got you on the line, does the purchase of bullion attract GST in NZ?
Tx - Lifeboat
Thanks, man, glad you enjoy a taste of my day. ‘nite.
Magnificent pics. Keep up the good work.