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| RATIOS & INDEXES |
| Gold / Silver | 63.28 |
| Gold / Oil | 14.12 |
| Dowjones / Gold | 10.99 |
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 | Articles related to socialist |  |
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| Aubie Baltin |
| The Biggest Risk Is The One That Was Not Perceived To Exist |
| "The wicked encourage and give themselves a license
to commit all manner of transgressions, seeing that the fruit which
injustice yields is soon ripe, and offers itself easily to the
gatherer’s hand: Whereas punishment comes later, lagging long behind the
pleasure of enjoyment."
-Plutarch
THE BIGGEST RISK IS THE ONE THAT
WAS NOT PERCEIVED TO EXISTMonday, June 17, 2013 |
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 | Charleston Voice |
Why Christians Should Not Recite the Pledge of Allegiance  |
| This one gets 'em every time without fail. It separates the real Christian from the CINOs.
by Laurence M. Vance
"I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty, and justice for all."
There are three holidays that cause otherwise sound-in-the-faith evangelical, conservative, and fundamentalist Christians to lose their religion.
I am referring to Memorial Day, the Fourth of July, and VetFriday, June 14, 2013 |
|
 | Captain Hook - Treasure Chest |
| Banking On A Recovery |
| The Boys From Brazil who live in New York (or any other place they are fixing prices in the US) down at the bank are banking on a recovery by printing money and creating asset bubbles in their fiat currency economies. But they are going to lose this bet because the Potemkin Rally in the stock market is having little effect on the real economy, setting the stage for yet another epic crash. US Households continue to deleverage at an increasing rate, while public sector debt continues to expand, leMonday, June 10, 2013 |
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 | Alasdair Macleod - Finance and Eco. |
 The nonsense behind state intervention |
| Both Keynesians and monetarists believe that increased government spending, or more money injected into the economy, is sometimes necessary. The intervention is in the form of unfunded government spending, artificially low interest rates to boost demand for money and bank credit, or a drive to make the currency “competitive” by lowering it. These methods have been tried unsuccessfully time and again, and they must be denounced if we are to understand our true economic condition.
The reason theyMonday, June 10, 2013 |
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 | Mish - Global Economic Analysis |
| Personal Arrogance; Preserving Culture vs. Common Sense; Email From France |
| In response to France Considers Ban on Free Shipping by Amazon, a "Destroyer of Bookshops"; Prepare for Economic Collapse in France I received an interesting comment from "Slavador" who writes "My ability to go to a local bookstore owned by a neighbor with my family is something I see as even more important than the global campaign to efficiently concentrate the wealth in the top 3%."
That was one of several similar comments I received as online comments to my blog or via email.
Major Flaws
Thursday, June 06, 2013 |
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| Mish - Global Economic Analysis |
France Considers Ban on Free Shipping by Amazon. Prepare for Economic collapse  |
| The amount of economic illiteracy in France is simply staggering. Please consider French minister hits at Amazon ‘dumping’.
France’s culture minister has attacked Amazon, the online retailer, for deliberately undercutting traditional rivals to create a “quasi-monopoly”, in the latest assault by the socialist government on internet companies.
“Today, everyone has had enough of Amazon which, through dumping practices, smashes prices to penetrate markets to then raise prices again once they areTuesday, June 04, 2013 |
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 | Bob Hoye - Institutional Advisors |
 The General Theory of Authoritarianism  |
| Address to the Spring Dinner of the Committee for Monetary Research and Education
(cmre.org)
There are any number of names that can be used to describe the Administration's
policies. However, in this polite assembly it is best to stay with what is
printable and ask the question about which description fits best?
It is hard to avoid terms that have become derogatory epithets. Liberal is
one, progressive-Democrat is another. And then there is communist, socialist,
fascist and corporatistFriday, May 31, 2013 |
|
 | Gary Tanashian - Biwii |
| Whack-a-Mole (Japanese Nikkei is the Latest Bubble) |
| Alan Greenspan gave them the playbook (Credit & Debt Manipulation 101) and now Ben Bernanke and global inflators everywhere have taken the ball and run with it in new, innovative and levered up ways. Actually it's a game of Whack-a-Mole and they play it well, these inflating moles. The minute you think you're going to drop the hammer on one of their heads, he's gone and another one pops up elsewhere.So how can we follow all the data points that hands-on, manipulative policy has introduced and foFriday, May 31, 2013 |
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| Mish - Global Economic Analysis |
| Simmering Feud Between France and Germany Erupts Into Verbal Warfare; France Tells Brussels to Shove |
| The simmering feud between France and Germany erupted into a heated political exchange following Pressure on Hollande to take bold action to revive the French economy, calling for new pension and labour market reforms.
"The commission’s list of recommendations for Paris, which it expects to be delivered in return for allowing France two extra years to meet its budget deficit targets, covered all the hard issues the socialist government faces: cutting public spending; restoring badly diminishedFriday, May 31, 2013 |
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 | Tom DiLorenzo - lewRockwell |
 Dead Things To Memorialize |
|
On this
Memorial Day it is appropriate to memorialize a number of long-dead
American institutions (RIP). The first wouMonday, May 27, 2013 |
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| Tom DiLorenzo - lewRockwell |
| Club Fed |
| The Nobel prize-winning Austrian School economist F.A. Hayek titled his last book The Fatal Conceit to describe the conceit of the notion that socialist central planners could possibly possess all of the detailed knowledge that is in the minds of millions in a market economy to "plan" a socialist economy. His 1974 Nobel prize speech was entitled "The Pretense of Knowledge" and conveyed the same messageMonday, May 27, 2013 |
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 | Philippe Herlin - GoldBroker |
| The New Great Wall of China : Gold |
| By Philippe Herlin - Researcher in finance / Contributor to Goldbroker.com
When the crisis hit in 2008, China’s reaction was very communist-like : instead of turning to money printing in the hope that credit and investment would pick up ( which is still the dream of Western central banks), both the central power and the regional ones have launched gigantic infrastructure plans while forcing banks to lend them money. Credit, as a result, has effectively picked up : orders from Beijing! While cThursday, May 23, 2013 |
|
 | Jesse - Le Café Américain |
| Marking the Field: US Stated Gold Reserves and Gold Held at the Fed - World Gold and Gold Swaps |
| The US Treasury says that it holds 261,499,000 fine troy ounces in its international reserves.
The gold is valued on the books at $42.2222 per fine troy ounce. This represents a total value of $11,041,063,078.
Since there are 32,150.7466 troy ounces in a tonne, the US Treasury has 8,133.53 tonnes of fine gold on its books. Note that the number as presented on a copy of the official US Treasury statement shown below includes 'gold swaps.'
A discussion of the procedures and nature of goldMonday, May 20, 2013 |
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| Bob Hoye - Institutional Advisors |
| The Greatest Garbage Market in History |
| Australian PMI plunged 7.7 points to 36.7, which is the lowest in 4 years.
"Automakers are giving subprime buyers the most long-term loans in
at least eight years."
"Asset-backed sales linked to auto-debt are surging".
- Bloomberg, May 1
"The Market CDX North American Investment Grade Index, aSaturday, May 18, 2013 |
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| Jesse - Le Café Américain |
| Greenspan: Role Of Central Bankers Is to Try to Replicate the Stability of the Gold Standard |
| Greenspan said on any number of occasions that his model was that a 'fiat currency' works when it emulates the rigor of the gold standard.
I am using this post as a placemarker to gather a few citations along these lines. Sometimes people doubt these things, and it is not always easy to go back and find the actual idea in print.
I will place other example here as I find them but it is not a high priority because Alan Greenspan has never deviated from this point of view. One of the most poigTuesday, May 14, 2013 |
|
| Aubie Baltin |
History’s Best Gold Buying Opportunity – Dr Baltin  |
| There is only one difference between a bad
economist and a good one: The bad economist confines himself to the
visible effect; the good economist takes into account both the effect
that can be seen and more importantly, those effects that must be
foreseen. The bad economist pursues a small, present good that will be
followed by a great evil to come, while the good economist pursues a
great good to come, at theMonday, May 13, 2013 |
|
| Mish - Global Economic Analysis |
| When All Else Fails, Blame Your Staff, Not Yourself |
| President François Hollande's popularity has sunk to a new low of 24%. Rather than blame his own policies for the huge rise in unemployment and the lack of competitiveness in France, Hollande pins hopes of fresh start on cabinet reshuffle.
In an interview with the French magazine Paris Match published on Wednesday, Mr Hollande warned that none of his ministers were indispensable and that all would be judged on their results.
“At some point, choices and adjustments will have to be made,” he saTuesday, May 07, 2013 |
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| Charleston Voice |
| Connecticut Begins Gold Dealer Shutdown |
| With CT already having a gun-grab bill on the table, it'd be best for the socialist state if it cancels their citizen's rights now than try after their heads become clear with visions that maybe they should get some gold (maybe) afterall! Political blowback would splatter those political incumbents who stole those rights.
Family-owned coin dealer shop in Connecticut
April 30th, 2013
by Jeff Berwick
If you don’t own gold yet, you might really want to hurry up and get some. We keep saying iWednesday, May 01, 2013 |
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| Mish - Global Economic Analysis |
| Is Capitalism Killing Our Morals and Economy? |
| In one of the most hopelessly incorrect collections of drivel that I have ever seen, Paul Farrell of MarketWatch writes Capitalism is killing our morals, our future.
Yes, capitalism is working ... for the Forbes 1,000 Global Billionaires whose ranks swelled from 322 in 2000 to 1,426 recently. Billionaires control the vast majority of the world’s wealth, while the income of American workers stagnated.
Over the years we’ve explored the reasons capitalism blindly continues on its self-destructiMonday, April 29, 2013 |
|
 | Nelson Hultberg - AFR.org |
 Cultural Marxism: The Corruption of America |
| "The United States has undergone a cultural, moral and religious revolution. A militant secularism has arisen in this country. It has always had a hold on the intellectual and academic elites, but in the 1960s it captured the young in the universities and the colleges.
"This is the basis of the great cultural war we're undergoing.... We are two countries now. We are two countries morally, culturally, socially, and theologically. Cultural wars do not lend themselves to peaceful co-eSunday, April 28, 2013 |
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