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glasstiger - 5/24/2015 at 5:02 PM GMT
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 Warren G. Harding’s Brilliant Do-Nothingness
 - Lew Rockwell - 
Lew, almost everywhere the argument is made that the Fed's stimulus was never initiated to reverse the recession.
It was primarily to feather the banksters bonuses and to loot US citizens of their future; for the benefit the ultra wealthy.
The whole Ponzi scheme has been hidden from the 99.9% by Fed and MSM propaganda. Calling it Keynesian if you like.
It is obviously massive fraud, and the US government and large corporations are complicit. 
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sneezy67 - 5/23/2015 at 2:18 PM GMT
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 Is Greece Still A Country If Someone Else Owns Its Assets?
 - John Rubino - Dollar Collapse
Hello China..... 
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user4779 - 5/19/2015 at 12:08 PM GMT
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 No, JP Morgan is not buying Silver Eagles
 - Bron Suchecki - Perth Mint
Agreed, JPM is not buying silver eagles in order to melt them into bullion. But possibly it is playing two parallel games: one in the bullion market and one in the coin market. Arguably, if you want to accumulate a commodity on a large scale without pushing the price up too much against yourself, then it is best to spread your buying across different markets in which the commodity trades. 
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user4779 - 5/18/2015 at 3:10 PM GMT
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 Peru is another rich country insisting on being poor and pockmarked
 - Chris Powell - GATA
The argument that a low gold price contributes to the environmental ravages of artisinal mining is specious. If anything, the opposite is true: a high gold price will encourage artisinal miners, leading to an overall increase their activity and its extension to more marginal areas. Only an effectively enforced permitting system, based on well-defined property rights, can prevent further damage. A free-for-all is a mining version of the "tragedy of the commons". Unfortunately, there is no ideologically pure free-market solution here. Tough and unpopular policing will have to be undertaken, or at least threatened, to get out of the present mess. 
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user4779 - 5/17/2015 at 7:52 PM GMT
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 Clean Float – Why the Dollar Must Collapse
 - FOFOA - FoFOA
I started to lose the thread of this article pretty early on. Would anyone care to venture a summary of the main point? Sure: the dollar will decline against gold; but the usual comparison is against a trade-weighted index of fiat currencies. While the political/economic/financial fundamentals for the US dollar are dire, the same can be said---each in its own unique way---for the euro (Greece etc.), yen (government deficit, demographics), renminbi (debt-financed bubbles), sterling (government deficit), and franc (overvaluation). Perhaps the Australian and Canadian dollars don't have quite these issues; but they are highly exposed to the commodity cycle. In this ugliest of all beauty contests, it's not easy to ascertain with certainty that the US dollar will win the w... 
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overtheedge - 5/14/2015 at 7:15 PM GMT
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 How Soaring Housing Costs Impoverish a Whole Generation and Maul the Real Economy
 - Wolf Richter - 
Psst, wanna see some feelthy pictures too?

Not only have folks actually bought into the over-priced hovels, but the cities now swimming in the vast newly swollen revenue stream have floated bonds commensurate with their city's new wealth.

If a long-term economic decline were to come out of nowhere, mightn't there be slight problem with debt service on those bonds? How do you tell you loyal citizens that their $90M Performing Arts Center MUST be closed due to no money? But 1.8% of your property tax bill goes to service the PAC bond.
Do you really reckon there is gonna be a lot of demand for your hovel then? What's that? A shortage of greater fools? Nah, couldn't be. I still hear the piper or maybe its just tinnitus.

To me, hell would be... 
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overtheedge - 5/14/2015 at 6:19 PM GMT
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 Obamacare Caused The Gas Tax Cut To Go Up In Flames
 - Michael Pento - Delta Global Advisors
Okay, just one more time.
The PPACA was enacted for the purposes of bailing out the insurance industry.
Profits had fallen to about 1% when the actuarial needs were 7-8%.
Now factor in the high propensity for the insurance companies to also be in the pension plan business.
Can we spell under-funded? How about under-funded AND only 10-12% of the absolutely necessary income on its investment portfolio to remain viable.
The scary spectre of no health insurance was the hook.
Imagine the problem this might spell for unions. Recall that they were led to believe they were exempt?
The money continues to depreciate, costs increase, bring on the clowns and pink ponies.

Were this path to be walked to completion, we would have single pay and ... 
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user4779 - 5/14/2015 at 11:36 AM GMT
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 Who Are The Top Gold Producing Countries?
 - Perth Mint Blog - Perth Mint Blog.
According to the World Gold Council, global gold mine production in 2014 was 3135 tonnes---nearly 10% above American Bullion's figure of 2860 tonnes. Who is right? 
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user4779 - 5/12/2015 at 10:42 AM GMT
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 Dark Gold
 - Bron Suchecki - Perth Mint
Another five-star article with excellent graphics by Bron Suchecki. 
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neville - 5/7/2015 at 10:33 AM GMT
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 WHEN WILL BE LEARN OF CHINA’S MASSIVE GOLD HOARD  (5)
 - Andy Hoffman - Miles Franklin
Untill america opens those empty vaults in fort knox there really seams absolutely NO reason that China ought to open their doors
and show us ,yes we the lying inquisitive west what they have inside their GOLD vaults.The american fictious gold holdings have NOt been AUDITED for
58years........that is because we have it on good authority that the gold holdings were sold off via the IMF ,World Bank and deliberately
moved to oil rich arabs over time for oil swaps.
The nerve of it all....The next time anyone in the west tells THE TRUTH will be the first time.

GROW UP YOU CHILDISH A....HOLES 
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S W. - 5/6/2015 at 8:16 PM GMT
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 Turk tells KWN when it's easy and when it's hard to suppress gold
 - Chris Powell - GATA
People like Turk,Leeb,Hathaway,Hoffman et al must have been making a fortune shorting the PM markets, knowing full well how easy it is for the price to be smashed.
Hang on,wait a minute.
Aren't these the same guys telling people to buy PM at bargain prices?
In the midst of a 3 year downtrend.
Average down according to Turk, which is the single worst advice and can only work if you never sell.
Most will not hold and will bail out at the very bottom.
PM's spiked in Sept 2011
I suspect the bottom will be when they both capitulate.
Maybe,maybe not, but you will see a big sell off and capitulation if there is a close below $1130 Gold and $14.40 Silver

Caveat Emptor 
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S W. - 5/5/2015 at 8:26 PM GMT
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 The Collapse of Cash  (4)
 - Michael Pento - Delta Global Advisors
Man with gun walks up to an ATM and says "hand over your digits"

 
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prljr - 5/5/2015 at 6:28 PM GMT
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 English Spoken Here  (11)
 - James Howard Kunstler - 
Divide and conquer.  
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Answer To :jonesbsd - 5/5/2015 at 12:34 AM GMT
While I agree with most of your article, I disagree that Baltimore is about race as much as it is class warfare or whatever you want to call it. The mayor, chief of police, police commissioner, DA, prosecutor, and three of the arrested cops were all black, that isn't racism. I had a friend tell me that an American Indian friend of theirs had told them that the government was screwing them over because they were Indians, my friend told him to think again, the government does it to anyone who is powerless to stop them, with no regard for their skin color.
 
neville - 5/5/2015 at 12:12 PM GMT
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 Venezuela to Nationalize All Food Distribution, Increase Public Wages 30%
 - Mish - Global Economic Analysis
If that lucky lady tossed a mango at that blithering idiot obama she would have got a visit from a "DRONE"
It certainly looks like Venezuela is far nicer country than the dreadful.....u.s. of a.

 
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neville - 5/5/2015 at 12:06 PM GMT
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 Election Fever? Buy Gold, Sell Shares Say UK Investors
 - Adrian Ash - Bullion Vault
adrian ,yes I agree the opposition just like the last regime are a bunch of idiots.The only hope the UK has is
if the UKIP party wins......otherwise the doomsday clock for britain will advance a good 5 minutes forward something they cannot afford
to have.The big thing to remember is adrian ,probably you are NOT aware which wouldn't surprise me in the least and that is Nigel Farage is very
PRO GOLD and another thing that wouldn't surprise is that he will go into the gold market and buy the whole lot back that the imbicile
gormless gordon brown sold........In addition to that he might buy in extra .......so old cock I would suggest you cosy up to UKIP instead of calling them fools
which could be to your detriment 
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S W. - 5/5/2015 at 6:27 AM GMT
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 English Spoken Here  (11)
 - James Howard Kunstler - 
Sorry to be pedantic,but when I went to school, I was taught never to end a sentence with an adverb.
Good article. 
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neville - 5/5/2015 at 6:03 AM GMT
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 The Collapse of Cash  (4)
 - Michael Pento - Delta Global Advisors
Right on the money Michael................Time running out to buy GOLD & SILVER 
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Gypsy - 5/5/2015 at 2:09 AM GMT
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 English Spoken Here  (11)
 - James Howard Kunstler - 
James, in the beginning was The Word . . . . Thank You for stirring my imagination by pointing out the reality of language. 
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Cameron Waugh - 5/2/2015 at 10:39 PM GMT
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 U.S.A. Caught in Enormous Policy Vise  (6)
 - Jim Willie CB - Hat Trick Letter
No comments because there is not much more that can be added to that. Short paper and long the PM's, thanks Jim. 
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overtheedge - 5/1/2015 at 5:53 PM GMT
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 JP Morgan Cornering Silver Bullion Market?
 - Mark O'Byrne - gold.ie
Good article.
There is one other conspiratorial reason why JPM might be accumulating major tonnage of silver.
Throughout history, silver has been the operational coin of the realm.
Consequently if confidence in fiat currency should go into the dumpster, a reasonable fall back would be to re-monitize silver in the form of coinage.
Both Canada and the USA coined lower content silver coins back in the late 60's. As I recall 50% and 40% respectively. And during WWII, the USA minted 35% silver nickels. All of these lower silver content coins were accepted and used daily by the citizenry.
If we assume a 20-25% silver content and brand the coins with much higher monetary numbers than $1 silver eagles (purposely low), then history will prevail again and t... 
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user4779 - 5/1/2015 at 2:51 PM GMT
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 10 year Price vs Sentiment Map for Gold  (3)
 - Bron Suchecki - Perth Mint
Thanks, Bron, for this nice chart---more informative than just a plain old scatter plot. A 5-star article. 
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user4779 - 4/29/2015 at 1:19 PM GMT
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 It’s Over: This Is the ONLY Picture You Need To See To Know It’s Time To Get Out Of Stocks
 - Mac Slavo - ShtfPlan
Two questions arise about photo of the fruit seller: when? and where? The laptop or notebook computer puts it probably in the last 5 years. That, coupled with the fact that he is selling from a handcart, suggests a country in the middle rank of economic development. From the sheer weight of numbers, China is the most likely bet. The knitting ladies belong to a slightly earlier period, when computer monitors had cathode-ray tubes sticking out at the back. As to location, the appearance of the ladies, their pastime, and the Chinese inscription also point to China. In neither case does the picture relate to the stock market of the United States in 2015.  
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neville - 4/29/2015 at 8:00 AM GMT
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 Deconstructing and Debunking Shadowstats
 - Mish - Global Economic Analysis
Mish ,I am flabbergasted at the pure UTTER TRIPE that is contained in your article.Mish are you BRAIN DEAD my boy??? Do you really know what you are talking about??
First of all you are writing out of the united states of america,this is the LAND OF THE LIE where what you read has to be taken and disected sanitised for lies etc.
You come across as an extremely naieve sort of a bloke.
Take one of your purchases for example the chicken (are you sure its chicken??)nyway this wretched piece of meat was MASSED PRODUCED and was injected at lleast 40 times and fed Genetically Modified Food produced from grain grown from monsatanto seeds.That said it is so massed produced that whatever you didn't buy went into a foul KFC product .The production cost was somewhere... 
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Doom - 4/29/2015 at 2:43 AM GMT
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 Deconstructing and Debunking Shadowstats
 - Mish - Global Economic Analysis
I was under the impression that the inflation stats on his site were, as he explained them: one set is "official government inflation", and the other is "inflation, assuming the government is correct about why it made a change."

See, the government changes how it measures inflation, on a fairly regular basis. When it makes a change, it justifies it, eg, "we're making this change because the current rules overstate inflation by 1%."

So, pre change inflation is 6%, and post-change inflation is 5%, for example.

Thing is, every single time government changes the word "inflation", the new "official" inflation numbers go down. Every time, which is statistically unreasonable. That said, I'm sure, at least coincidentally, the government IS correctl... 
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overtheedge - 4/19/2015 at 7:12 PM GMT
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 A Few Facts About U.S. Tax History  (5)
 - Nathan Lewis - New World Economics
"I don't agree with the notion that "corporations don't really pay taxes, people do." Actually, corporations do pay taxes. The indirect payers of these taxes is of course the corporation's shareholders, not some nebulous "people". Corporate tax rates and top individual tax rates should really be in line with each other."

You just don't get it, do you?
All monies that go to pay taxes are harvested from the consumers.
All taxes are paid from earnings derived from selling products and services to the consumer aka that nebulous "people" thingy.
If the corporate tax-rate is 35%, then the price of the product or service is increased by a minimum of 35% to cover the tax burden.

It is disingenuous to proclaim that corporate taxes are paid by the... 
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