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| RATIOS & INDEXES |
| Gold / Silver | 61.11 |
| Gold / Oil | 14.16 |
| Dowjones / Gold | 11.29 |
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 | Articles related to Anglo American |  |
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 | Jesse - Le Café Américain |
| Currency Wars: Russia's Proposal for the Post-Bretton Woods II Global Financial System |
| "The great enemy of clear language is insincerity. When there is a gap between one's real and one's declared aims, one turns as it were instinctively to long words and exhausted idioms, like a cuttlefish spurting out ink.
In our age there is no such thing as 'keeping out of politics'. All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred, and schizophrenia.
When the general atmosphere is bad, language must suffer."
Eric Arthur Blair
The dollar reseTuesday, May 14, 2013 |
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| Jesse - Le Café Américain |
| Currency Wars: Chinese Gold Rush and American Pravda |
| Sometimes there is a juxtaposition of stories that is just too striking.
Here is a piece that appeared today in the People's Daily Online. It presents some interesting information on the buying of gold in China during the most recent fluctuation in price.
As I seem to recall, China holds so many US dollars that if they tried to convert them into gold and silver, they couldn't. Well, not at anything near today's prices. And their bond selling would certainly stress the Fed's Balance Sheet. Friday, May 03, 2013 |
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| Jesse - Le Café Américain |
| Reinventing Bretton Woods: Global Finance In Transition - Currency Wars |
| As you may recall, Bretton Woods was the name of the conference, taken from its location, that set up the post World War II international currency arrangement with the US dollar as the reserve currency of the world. It was based on a dollar convertible in gold.
When Nixon arbitrarily shut the 'gold window' in 1971 the world entered a reserve currency system of purely fiat dollars, often called Bretton Woods II.
There are a number of theories that suggest that such a system is not sustainable,Saturday, April 27, 2013 |
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| Jesse - Le Café Américain |
| Fekete: Who Said the Hydra Would Take It Lying Down |
| "Corruption is a tree, whose branches are
of an immeasurable length: they spread
Everywhere; and the dew that drops from thence
Hath infected some chairs and stools of authority."
Beaumont and Fletcher, The Honest Man's Fortune
By way of introduction, Professor Fekete defines the gold basis as the difference between the price of gold in the nearest futures contract and the price of gold for immediate delivery.
In commodity trading contango is the situation where the difference is positiveTuesday, April 23, 2013 |
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| Jesse - Le Café Américain |
 Shock and Awe in the Currency Wars - Silver Shenan  |
| “This is an orchestration (the smash in gold). It’s been going on now from the beginning of April. Brokerage houses told their individual clients the word was out that hedge funds and institutional investors were going to be dumping gold and that they should get out in advance.
Then, a couple of days ago, Goldman Sachs announced there would be further departures from gold. So what they are trying to do is scare the individual investor out of bullion. Clearly there is something desperate goiMonday, April 15, 2013 |
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 | John Rubino - Dollar Collapse |
| Welcome to the Currency War, Part 7: The Zero Sum Game |
| Based on the past few weeks' stock market action, Japan's decision to flood the world with yen looks like a raging success. It's not of course. Here's a cogent take on the subject from ex-hedge fund manager BruceKrasting:
Japan's Gains Are Losses For Everyone Else
My daughter called last night, she's made her reservations for a honeymoon in Japan.Friday, April 12, 2013 |
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| Jesse - Le Café Américain |
| Currency Wars: Global Sustainable Currency Summit - Sept 26-28, Xi'an China: Bitcoin |
| The world is looking for a replacement for the outdated US dollar global reserve currency arrangement.
The reasons for this are fairly obvious. How can the Fed independently conduct monetary policy to support domestic US needs for a global currency?
The Anglo-American banking cartel will fight this development at every turn, because control of the currency is power.
I trust that a basket of currencies anchored with gold and silver will be on the table. The discussion of such an arrangemeMonday, April 01, 2013 |
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 | Jim Willie CB - Hat Trick Letter |
 USDollar: Ring-Fenced & Checkmate  |
| An unstoppable sequence of events has been put into motion finally. The pressure has been building for months. Some themes are plainly evident, except to those who wear rose colored glasses in the US Dome of Perception. The USTreasury Bond will be brought home to the US and British banks, where it will choke its bankers, then be devalued for survival reasons, after a painful isolation. The Chinese and Russians will conspire to finance the Eurasian Trade Zone corridor foundation with USTBonds, heSaturday, March 30, 2013 |
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 | Mark O'Byrne - gold.ie |
| Russia And South Africa To Create OPEC ‘Platinum Cartel’ |
| Russia and South Africa, which together control about 80% of the world’s reserves of platinum group metals, plan to create a trading bloc similar to OPEC to control the flow of exports according to Bloomberg.
“Our goal is to coordinate our actions accordingly to expand the markets for realization of these metals,” Russian Natural Resources Minister Sergey Donskoy said yesterday in an interview at a summit of leaders from Brazil, Russia, India and South Africa in Durban. “The price depends on the structure of the market, and we will form the structure of the market.”Thursday, March 28, 2013 |
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 | The Gold Report |
| Precious Metals the Antidote to Fiat Currency Threat: International Resource Specialist |
| The Gold Report: Peter, playing equities is all about timing. With many resource equities trading near all-time lows, it seems like a buyer's market. Do you agree?
Peter Krauth: Central banks have been on a fiat money printing binge since 2008. In the last 18 months, that is starting to have the desired effect. The global economy seems to be healing: Demand for goods is coming back strongly, the Dow Jones Industrial Average is setting new records. But at the same time, there will be a serious pThursday, March 28, 2013 |
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| The Gold Report |
| 20 Million—Why Is this Number Critical for Copper? |
| The Metals Report: Joachim, is the smart money finding its way into mining equities?Joachim Berlenbach: At the moment, no. When we talk with investors, we hear a lot about risk relative to commodities and commodity equities. But I hope investment grows because the commodity cycle is far from over. There are two important benchmark numbers to consider. In 2012, for the first time, the world used more than 20 million tons (20 Mt) copper. Second, the world now needs more than 90 million barrels (90Friday, March 22, 2013 |
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| Jesse - Le Café Américain |
| Echoes of the Past - The Return of the Ubermenschen |
| 'Slow mobility' as used here implies a natural class structure. It means that one would only slowly, and not usually, 'rise above the station' of their parents, presumably in terms of wealth, education, and opportunity. If you are born to poor parents, you are likely of an inferior genetic quality, and your poverty is deserved, your success unlikely.
The reason for this, as cited in this piece in The Economist, is because children of 'the elite' will have 'inherited the talent, energy, drive,Thursday, March 14, 2013 |
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