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Latest comments
OBL - 7/21/2015 at 10:28 AM GMT
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 Trump Hits a Bump  (9)
 - James Howard Kunstler - 
John 'Canary' McCain is no war hero, and he's got slippery fingers, if you know his past. McCain even admitted in an interview once his actions against the N. Vietnamese would be considered a war crime.

He came very close to being tried for treason when he got back for his giving aid to the enemy, but his Daddy stepped in and smoothed things over.

As for the article MENA blathering's about 'Jihadis' you need to ask yourself why all those Muslim terror outfits, like IS and Al Nusra, never attack their sworn enemy, Israel and why is it that the USA has been air-dropping weapons to those thugs, at the same time, Israel is providing them with medical care from field hospitals set up in the Golan Heights.

I hope you don't do reporting for a livi... 
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Answer To :Gypsy - 7/21/2015 at 12:47 AM GMT
James, if you'd take the time to compare the PSY-OPS Warfare Weasels hiding in the Green Zone in Baghdad to the "Real" soldiers of the Viet Nam Era ~ you'd realize McCain is (in relevant terms) a Hero. Your argument, however, is much more about Presidential Candidate Trump than it is about the heroics of John McCain. I know, any voter would have to have several shots of Rum before considering a Trump Vote: but that brings us back to The Reality of Relevancy. Compared the the entire gaggle of Weasels in the Presidential Candidate Pool: by shear intelligence alone (not to mention courage, street smarts, credibility, and past performance) ~ we're left with Trump. What other choice do we have James ?
overtheedge - 6/29/2015 at 5:57 PM GMT
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 The Ultimate Confirmation  (4)
 - Theodore Butler - Butler Research
It would appear that we share the same conclusion.
A few sealed cans of kerosene might be handy as well.
Thumbs up sir.
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Answer To :S W. - 6/29/2015 at 11:06 AM GMT
My main sentiment here is why swap dollars for gold or silver only to sell at some later date for more dollars when that same paper is continually being devalued.
Both these PM's will go no offer one day and then we will all see their true value.
sonora69 - 7/5/2015 at 8:01 PM GMT
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 Fed's Full Normalization
 - Adam Hamilton - Zealllc
This is a great article!! Just to set the record straight , however, the October 2008 drop of over 20 percent in the S&P500 was not the first in 101 years.
On Black Monday October 19, 1987, the S&P 500 fell 20.5% in ONE DAY, and the DJI fell 22.6 %. Program computer trading (due to portfolio insurance hedges) is usually given as the culprit, but excessive speculation played a part. Either way, I'm not looking forward to October 2015.
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ranbotrader - 7/5/2015 at 10:13 PM GMT
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 The Template for the End Game: Lies and Fraud Followed by Bail-Ins  (3)
 - Phoenix Capital - Gains Pains & Capital
Busy having fun and leaving the politics to 'somebody else'. And as always too stupid to understand what is happening whilst they continue to vote in exactly the wrong candidates. 
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Answer To :sneezy67 - 7/5/2015 at 8:18 PM GMT
Yup...definitely a "heads up" for peoples in Italy, Spain, Portugal France?, ? , ?, ?
And only one comment on this article...Where in the hell is everyone at ?
Roygbiv - 7/2/2015 at 8:43 PM GMT
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 One more book, Mr. Stockman
 - George F. Smith - Barbarous Relic
You determine what is true ?
"Gold coins are too valuable for everyday use."
Dear 4779 I don't like your pretentiousness. "people will continue... etc"
You are above "people'? 
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Answer To :user4779 - 7/2/2015 at 11:02 AM GMT
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...
Falconflight - 7/27/2015 at 9:23 PM GMT
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 Potemkin Party  (11)
 - James Howard Kunstler - 
Small case marxists here are no better to lead a society than in the EU or the old USSR. Small case marxists such as this twit author, only proscribe MOAR pure Marxism to lean forward to a more equal dystopia. I revile him, his professed Party, and the other half, the GOProgs. 
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Marvin Clarke - 7/20/2015 at 10:32 AM GMT
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 Announcement - Global InterGold reviews: Frank Holmes' view of the situation on the gold market  (8)
 - Our Forums - 
Hello everybody!

I have an interesting piece of news for you, and it is about Saint Petersburg! To cut a long story short, recently a grandiose idea, in which thousands of people from different corners of the planet took part, was launched. This idea is called Global InterGold online gold shop. I was so excited by this event and the opportunities it gives to everyone so I want to share this information.
The Global InterGold shop implies buying / selling physical investment gold bars. I was attracted by a simple way of improving my financial status and I want to share it with you. If you were interested, then read this info:  
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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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Dereck - 7/14/2015 at 6:10 AM GMT
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 Greek Pudding  (7)
 - James Howard Kunstler - 
Mr. Kunstler I am most definitely on the same page as you regarding this financial mess not only in Europe but the entire world! However the last paragraph of this article had me busting a gut! thank you.
Dereck Dyason 
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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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keith95 - 7/26/2015 at 9:53 AM GMT
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 Iran Agreement Boosts Peace, Defeats Neocons  (7)
 - Ron Paul - 
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. 
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Answer To :sonora69 - 7/23/2015 at 6:30 PM GMT
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...
ching - 7/12/2015 at 10:29 AM GMT
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 Welcome to Blackswansville  (11)
 - James Howard Kunstler - 
You hit the nail on the head James. Greece's best option is to beg for a workable exit from the EU. it does'nt make sense to me how easygoing southerners can expect to play in the same league as the organised, hardworking northerners. let them go back to the Drachma and and they will be happy most of the time, especially when the German's flock for a cheap holiday. what always sticks in my mind is middle-aged men sitting at the cafeterias spitting incessantly on the paving under their tables 
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justphilip03 - 7/11/2015 at 8:30 PM GMT
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 Elizabeth Warren: The 14 Trillion Dollar Scam and the Unfinished Business of Financial Reform
 - Jesse - Le Cafe Américain
We need more like thinking Congressmen who vocalize what is needed and not self serving non-representative of their constituents. As a life long Republican, I would vote for Elizabeth Warren for the presidency based on here views stated here! As for being to late, I do not feel that it is ever to late to enact reforms! 
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DRGEORGE - 7/3/2015 at 12:34 AM 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 spirit of Ned Ludd lives on...won't this free people from boring, repetitive, hard labour to pursue interesting, creative and healthy recreation? Human ingenuity made the machines and will find ways to continue to add value to their and others lives. 
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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 -
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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sonora69 - 7/17/2015 at 6:31 PM GMT
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 Systemic Turmoil, Structural Reform  (10)
 - James Howard Kunstler - 
According to JP Morgan: "We are genetically evolved to waste gasoline, this is what we want to do as a people," he said. "And when the prices gets low enough, we will do that. But you can't do much of that immediately." - David Kelly, JP Morgan Funds chief strategist 17 July 2015 from CNBC.
Seems to me we are doing just fine with the wasting right now! As Saudi Arabia ramps up their fight against ISIS and Iran, they will also contribute a significant share. - Ron 
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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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overtheedge - 6/29/2015 at 10:07 PM GMT
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 The euro crisis
 - Alasdair Macleod - Finance and Eco.
"There is no immediate benefit from debating why."
Debate? That would be like debating whether or not gravity exists.
You stated the obvious why, so debate is unnecessary.

"This week should see the dollar strong against the euro and the euro price of gold can be expected to rise. "
Maybe and probably.
Keep in mind the US financial system's exposure to the Euro.
Counter-party risk is usually a hidden feature and documentation can be quite sparse.

I keep hearing that Bobby McFarrin song, "Don't worry, be happy" playing in the background.
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ranbotrader - 7/21/2015 at 10:45 AM GMT
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 What is the Real Weight of Gold in the Global Economy?  (4)
 - Philippe Herlin - GoldBroker
This article assumes China is a free world economy. Nothing is further from the truth and the Chinese Communist government will repatriate gold. Bet on it. 
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according - 7/6/2015 at 5:23 PM GMT
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 The Jeffersonian Secessionist Tradition  (10)
 - Tom DiLorenzo - lewRockwell
sure tommy. but the people of the south were slaves and white trash mostly. white trash because the plantation-crats and there few buddies had all the good stuff wrapped up and un-available to the majority of the population. and we all know about the slaves. so ,unlike in new england where town meetings were popular and many citizens were working hard to abolish the abombination of slavery; the south was run by a band of aligned punks who honestly thought that they too enjoyed the divine right of kings, because they had the money and the power. so if it comes right down to it and your going to fight for freedom, for gods sakes fight for Freedom. 
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Edimu - 7/9/2015 at 4:58 PM GMT
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 Everyone Owns A Little Gold – Here’s How  (4)
 - Perth Mint Blog - 
I won't to be a major supplyer .. Of Gold 
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sam_site - 7/6/2015 at 1:03 PM GMT
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 Advice to Pope Francis  (3)
 - Lew Rockwell - 

You observe, "He [Pope] jumped from a perfectly natural desire to improve those [unjust] conditions to the wild non sequitur that state-led development aid programs, funded by the West, were the solution.

When you consider that the 16 families of the Black Nobility "advise" or rather appoint and control the Jesuit General or Black Pope who controls the White Pope, then the church's promotion of state "Aid" programs is understandable. The Black Nobility's control of the West through their control of the Central Banks like the Fed, medicine, media, education, politics and most of the fear-driven sheeple through toxic injury, is done through their promotion of the State.

The last thing they want are independence and Libertarian movements springin... 
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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

This thing cannot be stopped by any European or Western nation. They are all more the problem than the solution.
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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 -
"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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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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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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AZFacts - 7/12/2015 at 12:30 AM GMT
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 Silver coin shortages, again
 - Bron Suchecki - Perth Mint
I wonder if the massive surge in silver demand in India is also due to a shortage of blanks? Does it take months to air-ship silver blanks to the US mint... especially as they are so readily available??? The huge disconnect between Comex OI and available inventory is also a non-issue? After already backtracking after calling the derivative blow-out of Citi and JPM a non-issue... one might take this guys commentary with a grain (or a kilo) of salt. 
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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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sam_site - 7/13/2015 at 12:04 PM GMT
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 Why central banking persists
 - George F. Smith - Barbarous Relic

You state, “Where you find fiat money -- whether it's gold, silver, paper, or digits -- you don't have a free market.” As JP Morgan admitted, “Only gold is money” and it’s money because of it’s guaranteed scarcity. Therefore gold could never be a fiat currency. Silver wasn't so scarce and expanded the money supply by including the new Nevada silver mining production causing an expansion and collapse in 1893.

Fractional currency and reserve banking before 1914 was greatly restricted when we were on a 100% gold standard. After 1914 gold backed only 40% of the money supply and the Fed counterfeiters were now in charge with no restraints. This new counterfeited money representing 60% of the money supply, funded WW1 and by 1945 only 17% of the money ... 
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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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