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sonora69 - 7/28/2015 at 3:32 PM GMT
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 Iran Agreement Boosts Peace, Defeats Neocons  (7)
 - Ron Paul - 
You have a point. The 2003 Iraq invasion is mostly now considered an ill-advised and unjustified destabilization, with regional & political consequences and (for the U.S.) huge financial costs. However, few civilized countries would disagree with our 2001 invasion of Afghanistan. Our rationale was very clear and unambiguous. We had the sympathy and support of the world community. In 1991, our military intervention saved Kuwait from the invasion & attempted takeover by Iraq.
The real question, though, is the potential that Iraq has for terrorism, destabilization , and the possible development and even use of nuclear weapons. The United States is a strong, stable, and democratic government that is seen as a positive force in the world. We are usually the first ... 
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Answer To :keith95 - 7/26/2015 at 11:53 AM GMT
How about the US invading Afghanistan in 2001, Iraq in 2003 ... leading to the current unrest in the middle east while supporting the 'Saudi's' ...

Iran has as much right to look after it own interests as the US .... which does not make either right from a moral standpoint: I mention - before you start accusing me of being an Iranian troll.
 
overtheedge - 7/28/2015 at 6:57 PM GMT
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 Why we should abandon the State
 - George F. Smith - Barbarous Relic
What a gigantic pile of horse excrement.
Cherry pick everything that has gone wrong.
Completely discount the hard fact that the author and the grand-master guru of damn foolishness Lew Rockwell owe everything they have achieved to the system they rail against.
Gen Butler stated, "War is a racket." So with a wave of the magic smoke and mirrors wand, it gets substantially altered with Butler's name attached as some sort of valid claim of state as the racket. This is how weak minds are tripped up.

The number one problem is, was and for at least the foreseeable future will be that of universal suffrage.
People with no chips in the game are allowed, nay encouraged to vote on spending other people's money.
The people will usually vote for g... 
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sonora69 - 7/24/2015 at 7:47 PM GMT
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 Gold Miners Nearing Rebound  (3)
 - Jordan Roy Byrne - The Daily Gold
Silver has already made a 50 cent down and up round trip as of 3:30. This is happening on a Friday, with the stock markets failing to make an advance after a spectacular Amazon earnings report. Possibly the mirage of the Bull Market, supported as it is by unprecedented quantitative easing, huge debt of all kinds, innovative methods of earnings calculation, and even outright government support in China ( some say to the tune of 10 percent of GDP ), is finally coming to an end. None of that is really good for any of us, but the rationale for ownership of precious metals in all economic conditions may soon be justified. The Apple Watch may be the Peak of gadgets, and Amazon may be the peak of nonprofit revenue streams, and all the commodities collapse except gold. Wit... 
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S W. - 7/25/2015 at 9:16 PM GMT
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 Why Pensions Are A (Big) Black Swan
 - John Rubino - Dollar Collapse
No (pensions) are not a black swan, which is totally random unforeseen event. 
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sonora69 - 7/23/2015 at 4:30 PM GMT
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 Iran Agreement Boosts Peace, Defeats Neocons  (7)
 - Ron Paul - 
Doesn't anyone remember the Iran hostage crisis, when Iran held 52 American diplomats and citizens hostage for 444 days in 1979-1981. How about 1983, when the United States Marine Barracks in Beirut was attacked by suicide bombers. The attack killed 241 American servicemen, mostly Marines. The orders were believed to come from Iran. In 2004, the Iranian government erected a monument in Tehran to commemorate the 1983 bombings and its "martyrs" (i.e. the suicide bombers.). A spokesman said "The bombing was a great achievement of Muslims in their fight against America".

I agree with Ron Paul on a wide variety of issues such as sound money, gold, and less government. But he is clearly wrong on the idea that we can come to some kind of accommodation with I... 
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overtheedge - 7/23/2015 at 5:32 PM GMT
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 What Do Greece and Louisiana Have in Common? The War on Cash
 - Phoenix Capital - Gains Pains & Capital
"The US financial system isn’t any better. ... , Actual currency is just a little over $1.36 trillion. ..."

And it is assumed that about half that cash is held overseas.

And Louse-iana might find itself running up against Legal Tender laws.
Fed law trumps state law. 
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overtheedge - 7/23/2015 at 5:24 PM GMT
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 Why Are We Here?
 - Keith Weiner - Monetary Metals
No "woe is me" here.
Just another buying opportunity.
Using leverage is not buying, it is borrowing.
It ain't bought til it's paid off.
In both cases, enjoy your pay-back.
Work diligently and you will get your just rewards.

Good article, thanks.
Sometimes we just need a pep talk.


 
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Doom - 7/21/2015 at 2:50 AM GMT
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 Are Gold Investors Finally Capitulating?
 - John Rubino - Dollar Collapse
I just don't see capitulation as a possibility. IF you sell gold, you get...what, paper money? Paper money loses a few percent (or more) of it's value every year. You could put the cash in a bank but...Greece makes it very clear that banks aren't a good choice.

So, you'll have to invest that money in...what? CDs? Your rate of return there is 1% or so, and there's nothing out there that's particularly safe and offers much more of a return. The only way I see a capitulation if interest rates return to something sane.

But as long as there's nothing else to buy, I just don't see capitulation as a possibility. 
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sneezy67 - 7/20/2015 at 3:57 PM GMT
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 The Extinction of Markets
 - Michael Pento - Delta Global Advisors
The little piggies go to market to be slaughtered 
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endoftheriver - 7/16/2015 at 1:56 PM GMT
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 Greece Today, America Tomorrow?  (7)
 - Ron Paul - 
Should the right to vote be reserved for those that are not collecting welfare? Should any congress person's right to vote be reserved to those that do not have a personal stake in the issue? Ron Paul clearly defines the problem, now what do we do about it? Ron? 
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user4779 - 7/13/2015 at 10:28 PM GMT
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 The Texas bullion depository is not a joke
 - Bron Suchecki - Perth Mint
"For example, over the past 10 years The Perth Mint has generated $212,661 million in profit before tax and paid $164,299 million to its state government." Hmm ... the tax alone is more than the entire value of all the gold mined in Australia over the same period (whether you reckon it in US or Australian dollars). 
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sonora69 - 7/13/2015 at 8:11 PM GMT
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 Greece Holds Out, Wins Even Worse Deal
 - John Rubino - Dollar Collapse
Tsipras Manipulated.
For some time now, I've watched the obvious and total manipulation of the derivative precious metals markets with amazement (and some despair). Yet the apparent manipulation of Alexis Tsipras over the weekend was a complete horror. No doubt the Germans managed not to leave any obvious marks on the body, but his capitulation, given the support of his constituency, was incomprehensible.

And how exactly does this news translate to stock markets going up the next day in Asia, Europe, and the US? Even assuming that these measures are accepted, never mind implemented, does any other government act as if MORE austerity is now better?
What are we doing in THIS country right now? Is it more austerity or more debt? Wasn't it auste... 
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overtheedge - 7/12/2015 at 7:30 PM GMT
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 Gold Daily and Silver Weekly Charts - Calm Before the Storm
 - Jesse - Le Cafe Américain
"Single payer healthcare and a robust social security system, taking the matter out of the hands of individual businesses who look for ways to cheat and cut corners would be more cost effective and much more workable. "

Oh yah, right. Government is always honest, never cuts corners, phenomenally cost efficient and works so well.
You need to quit smoking your shorts.
Your brain cells have taken a serious beating and won't be able to take much more abuse.

"Gee, I wonder what a developed country would do. Oh yes, the US started on the path for a sane solution in this matter in the 1930s and the New Deal, but alas, were hijacked along the way."

Your opinion is not evidence and has no value to anyone besides the delusional drones inhab... 
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sneezy67 - 7/9/2015 at 3:00 PM GMT
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 Greece Enters Its Crack-Up Boom
 - John Rubino - Dollar Collapse
An interesting comment by the jeweler...and the mind set of others in business... Mass mania... Charles MacKay(?)
At what point during hyper-inflation does the whole country become nothing but bartering?
Many books (including yours), articles, videos that cover both the deflation and inflation of it all.
Moscow, Idaho ....probably not a bad place to be.
Dollar Collapse covers a lot of bases......Thanks  
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sneezy67 - 7/6/2015 at 2:24 AM GMT
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 Another Fun Monday
 - John Rubino - Dollar Collapse
Bravo to the people of Greece. Let the fireworks begin.  
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sneezy67 - 7/4/2015 at 12:15 AM GMT
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 Elizabeth Warren: The 14 Trillion Dollar Scam and the Unfinished Business of Financial Reform
 - Jesse - Le Cafe Américain
Good ideas...good information....but somewhat behind the curve...the water has already gone under the bridge. 
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user4779 - 7/3/2015 at 10:00 PM GMT
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 Man Grabbed, Crushed to Death By Factory Robot: “This is Just the Start… Machines Will Take Over Our Lives”
 - Mac Slavo - ShtfPlan
The "lump of labour" fallacy raises its tired old head yet again, mixed in with B-movie-style sci-fi speculation about a terrible robotic future world. Anyone who doesn't like machines doing manual work can make a start by throwing out their washing machine. As for machines killing people, already 100 people a day are killed by machines---the majority of them motor vehicles. Fully automatic vehicles will not gain acceptance unless they can prove a safety record better than the the present ones. 
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overtheedge - 7/3/2015 at 7:49 PM GMT
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 Max Keiser Interviews GoldCore’s Mark O’Byrne
 - Mark O'Byrne - gold.ie
"The IMF said that Greece requires additional bailout funds of around 50 billion euros until 2018 under the current bailout conditions, and slashed its Greek growth prospects for 2015 to zero from 2.5 percent."

This is the one item that should that should cause your bowels to cut loose.
The people have no money, they are limited on withdrawals (past productivity).
By the same token, business funds are limited.
And the IMF states no growth, but somehow the Greek economy will break even for the year?
Obviously the Greeks need to severely limit themselves on the critical consumables such as food, water and medicine.

If there is no money, there can be no production.
No production, nothing to sell, ergo no income.
Perhaps the IMF... 
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end - 7/3/2015 at 9:58 AM GMT
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 Greece’s referendum
 - Alasdair Macleod - Finance and Eco.
"History may judge him instead to have played a poor hand very well indeed."

I'm quite sure both Macleod and Varoufakis will be quite disappointed on Monday, and I'll happily nominate Greek nation here http://www.darwinawards.com/.

This thing cannot be stopped by any European or Western nation. They are all more the problem than the solution.
 
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glasstiger - 7/2/2015 at 6:08 PM GMT
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 Gold Daily and Silver Weekly Charts - Non-Farm Payrolls Tomorrow -
 - Jesse - Le Cafe Américain
Jesse, you use the term "could care less" frequently.
Is this American speak for "couldn't care less"?
Similar I suppose to the ubiquitous US double negative.

Your articles are terrific. Honest and true. 
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user4779 - 7/2/2015 at 9:02 AM GMT
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 One more book, Mr. Stockman
 - George F. Smith - Barbarous Relic
While it is true that "[Gold standards] were abused, suspended, and ultimately abandoned in favor of a currency that central banks could inflate at will", it's worth recalling that the British gold standard, introduced (unofficially) in 1717, survived almost 200 years, until the catastrophic losses of the first world war induced the British government to suspend and ultimately renege on it. In that period, we had all the convenience of banknotes which were "as good as gold". Gold coins are of limited practicality as currency, because they are subject to wear, easily dented or bent, and too valuable for everyday transactions. People will continue to use fiat currency, in its electronic and paper forms, because of its great convenience, despite its inflationary abuse b... 
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overtheedge - 6/30/2015 at 9:23 PM GMT
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 Panicked Hedge Funds Now Praying for a Miracle in Greece
 - Wolf Richter - 
"... and the silly game theory ..."

Obviously you have no knowledge of game theory and its applications. Otherwise you wouldn't have used the above term.
 
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user4779 - 6/30/2015 at 6:48 PM GMT
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 The Gold Standard: Generator & Protector Of Jobs  (12)
 - Hugo Salinas Price - plata.com.mx
Is it really so bad for Americans that they do not spend their lives labouring on a production line to make mass-produced goods, and have left this task to the Chinese? Do you envy those Chinese workers? Not me! And surely it is good that (what is now) 2 billion people (who happen to be Asians) have escaped from grinding poverty, albeit not all into wealth by Western standards. Free trade has been of immense benefit to the world.

The issue of the basis of money is orthogonal to that of free trade. I'm sure that the Chinese would be delighted to work in Western-financed factories if they were paid in gold or silver rather than fiat. And perhaps (I believe probably) the global economy would have grown faster than it did if the currencies were based on metal.  
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