Beiträge von bullionbulls

Prosperity Index Shows Capitalism Kills

The Legatum Institute recently released their 2012 “prosperity index”, its annual ranking of the well-being of the world’s nations. One might argue that mere economic prosperity is a very simplistic benchmark by which to rank nations, which is why it’s notable that this index is a much broader gauge than mere economic factors.

The Institute states that it’s rankings are derived from eight, separate categories of sub-rankings:

1) Economy

2) Education

3) Social capital

4) Safety and security

5) Opportunity

6) Personal freedom

7) Health

Governance

This makes this assessment both more interesting and more useful/meaningful. The term “prosperity index” clearly understates the scope of this ranking, and referring to it as a “quality of life index” might be more accurate (if slightly more cumbersome). Perhaps more importantly, as the Legatum Institute points out itself; these rankings provide an excellent insight into which nations are most likely to prosper tomorrow.

Categories like education, social capital, opportunity, and governance are especially forward-looking, in that nations which currently excel in these categories today are almost certain to outperform their peers going forward. Because of this, perhaps the most important aspect to these rankings is to look for nations which are either rising or falling in the rankings...

Full commentary: http://www.bullionbullscanada.…ex-shows-capitalism-kills

The Great Gold Scam

A recent question from an inquisitive reader on gold “leasing” got my mind focused upon that topic again, as the question involved the actual mechanics of these transactions, and my answer dealt with issues of legal title to that gold. This, in turn, led me to consider to what purpose/use all of this leased gold has been dedicated.

Many commentators (including myself) have generally assumed that the gold being leased by undisclosed entities was being funneled to traders to be shorted onto the market – as part of the general manipulation operations of the bullion banks. We know that vast amounts of gold are being ‘leaked’ out of gold stockpiles in this manner, since lease rates are always near-zero, and frequently negative. This encourages those desiring legal possession (but not title) of gold to lease heavily.

But what if all this leased gold is not being used as simple collateral to back trading positions? Could there be another (nefarious) purpose in these gold-leasing operations?

We know there isn’t any other legitimate purpose for all this leasing, since (apart from using it in trading) there are no legitimate business reasons for wanting mere temporary possession of gold bullion. As the gold-bashers themselves frequently observe, gold “generates no income” itself; so this leased gold must be used (for something) or there would be no purpose at all to these transactions.

Until recently, it would have been hard to conceive of even any other nefarious uses for all this leased gold, since there simply are not a lot of ways to capitalize on mere temporary possession of gold bullion. This all changed , however, in 2009. That was the year that the world’s central banks flip-flopped from being (massive) net-sellers of gold to net-buyers.

As of 2012, the world’s central banks are now massive, net buyers of gold; on pace to add more gold to their reserves than any other year in history. GFMS Ltd (formerly Gold Fields Mineral Services), the quasi-official record-keeper for the gold industry estimates that total purchases will approach 500 tons this year alone.

This begs an obvious question. Where is all this gold coming from?...

Read the rest: http://www.bullionbullscanada.…26018-the-great-gold-scam

The Road to Bullion Default: Part I

...It’s important for readers to understand that there is no way the newly-announced money-printing has been (or could ever be) “priced into” metals markets. As the simplest of tautologies, you can never “price in” infinity into any market. Open-ended/unlimited money-printing means nothing less than an endless spiral higher in asset prices – until all this banker-paper meets the same fate as all previous fiat currencies: utter worthlessness.

Obviously, over the short term asset prices have not been allowed to move higher. The mechanisms for this manipulation are now well-known to sophisticated investors. While manipulative automated-trading algorithms allow the banksters to lead market Sheep around like the Pied Piper; the banksters’ massive derivatives casino literally allows the bankers’ gambling on our markets to dominate the markets themselves.

However, as I have explained on several previous occasions; there is a (huge) price to pay for such manipulation. The low prices resulting from the banker-manipulation in their derivatives casino must lead to the destruction of inventories; with the long-term result being even higher prices than if no manipulation had taken place in the market at all.

This naturally leads inquisitive readers to ask the obvious question: as inventories collapse, how/when will a default occur in bullion markets? Here we must make a broad distinction between the gold and silver markets...

Full commentary: http://www.bullionbullscanada.…to-bullion-default-part-i

Credit Ratings Now Irrelevant To Bond Markets?

In our fraud-ridden markets, trivialities like economic fundamentals are no longer a factor in pricing markets. Rather, instead of “fundamentals” we now have patterns of manipulation: the direction in which markets are being pushed/pulled by the Western financial crime syndicate.

In this respect, we look to the corporate media propaganda machine not for information, but rather for clues on if/when a new pattern of manipulation is about to occur in a particular market. Here we have Bloomberg tipping us off that a new paradigm of corruption is about to take hold in Western bond markets.

Previously, credit ratings mattered. Indeed, the knee-jerk reaction of lower credit ratings leading to higher interest rates on European bonds was the principal mechanism used by the Wall Street banksters in perpetrating the economic rape of Europe via its bond markets. Simultaneously, we were bombarded with propaganda that the “AAA” credit ratings of the U.S. and the UK was what set them apart from the “riskier” bond markets of Europe.

But that was then, and this is now. With the rape of Europe now a fait accompli, the bankers have customized a new crime paradigm for the bond market – one which takes into account that the absurd/fraudulent credit ratings of the U.S. and UK are about to decline to at least slightly more plausible levels.

Does this mean that U.S./UK bond-holders should be dumping the most over-priced bonds in the history of the world? Of course not, scoffs Bloomberg; because as any good propagandist could tell you (starting today), credit ratings don’t matter in the bond market.

…Bond investors needn’t worry that a rating cut will hurt returns. About half the time, government bond yields move in the opposite direction suggested by new ratings, according to data compiled by Bloomberg on 314 upgrades, downgrades and outlook changes going back to 1974...

Full commentary: http://www.bullionbullscanada.…rrelevant-to-bond-markets

Phony ‘Analysis’ Can’t Hide Metals Manipulation

It is very hard to resist the urge to label members of the mainstream media “parrots”, when time after time we see this herd unanimously regurgitating the exact, same drivel – no matter how vacuous or absurd the pseudo-reasoning on display.

We observe this sad truth again and again in precious metals markets, with the recent pullback in prices being a classic example. Today was a down-day for commodities – all of them – as the propaganda machine decreed that with a slowing global economy that they were “too risky”.

The simple fact that we see the entire commodities complex moving in lock-step on most days is conclusive proof by itself of the rampant manipulation of commodities markets in general, and precious metals markets in particular. Each individual commodity market is composed of two sets of parameters: “global” parameters (applicable to most/all commodities), and the individual parameters particular to each commodity – separately.

In honest/legitimate markets (i.e. throughout market history); on the vast majority of days commodities trade based upon their individual fundamentals, as it is the exception rather than the rule for global parameters to overwhelm individual parameters in any particular market. We know when commodities are trading based upon their own fundamentals, because they move in different directions and with differing amplitudes.

Conversely, days when global parameters dominate all the individual parameters are quite rare, and generally reflect either some dramatic development or overwhelming trend. We know which days global parameters are dominant in our markets, because all the commodities move in both the same direction and with similar amplitudes...

Full commentary: http://www.bullionbullscanada.…-hide-metals-manipulation

German Court Caves-In To Euro-Zone Hyperinflation

There was yet another “grave defeat” for fiscal/monetary Sanity in the Western world. Germany’s Constitutional Court has rubber-stamped the suicidal plan to engage in “unlimited bond-buying” in the Euro-zone (i.e. monetizing debt) in order to temporarily prevent all European bond markets from cascading defaults.

The cost of this monetary insanity (and reckless betrayal of the European people) is nothing less than a commitment to hyperinflation. None of Europe’s Deadbeat Debtors has any savings (including Germany itself). Thus every euro spent on these extravagant bond-purchases will be printed out of thin air.

This “unlimited bond-buying” is apparently also going to extend to soaking-up more of the financial feces which continues to accumulate on the balance sheets of the ultra-fraudulent Big Banks. Thus what we have is a massive increase in the money supply, with 0% going toward any productive economic use, and 100% going toward doing nothing but soaking-up worthless banker-paper.

With zero economic benefit from all of this massive money-printing which is on the way; this is pure currency-dilution – and thus ultra-inflationary. As a matter of the simplest arithmetic/logic; with Europe’s governments committed to “unlimited” quantities of an ultra-inflationary policy, the only possible result is hyperinflation.

What makes this such a devastating defeat for Sanity is that Germany is the one nation in Europe which still possesses a cultural memory of the economic phenomenon known as hyperinflation. This is a result of the German hyperinflation experienced by the Weimar Republic in the 1920’s. Despite this episode of history being nearly a century old, the economic carnage and suffering which results from such folly has still been burned into the German psyche, through parents warning their children of the perils of reckless money-printing...

Full commentary: http://www.bullionbullscanada.…-euro-zone-hyperinflation

Secret Panic

Regular readers know that going back more than a year now, I have been outlining two, potential (and nearly opposite) scenarios going forward. I indicated that either our economies would plummet into a high-inflation/hyperinflation price-spiral (due to excessive money-printing); or they would simply disintegrate, as the Western financial crime syndicate manufactured another crash in order to prevent the previously mentioned price-spiral.

The latter scenario was precisely what occurred in 2008. However, in a commentary from one year ago titled Why 2011 Is Not 2008, I documented to readers how the “solutions” foisted upon us by the Banking Cabal during this first crisis had dramatically and irreparably damaged all Western economies. The only exception to this mass-suicide was Iceland, which threw the Bankers out – and subsequently saved their economy.

Because all Western economies are much more crippled than they were just four, short years ago; I’ve indicated my suspicion that the Bank Oligarchs didn’t “have the stomach” for another manufactured crash. This is due to the fact that nothing in our economies is more fragile than the bankers’ own multi-trillion dollar paper Ponzi-schemes.

Creating another “crash” event would detonate so many gigantic losses on Big Bank balance sheets that no amount of money-printing could avert their total destruction. Put another way, it would require so many $trillions of new money-printing just to “stop the bleeding” with these fraud-factories that the result would be instant hyperinflation – as all the People simply and finally rejected these infinite stacks of the bankers’ worthless paper.

We now see increasing evidence that this suspicion is being confirmed. While the media again reports that our economies have plunged into another mega-crisis; this time it is doing so (relatively) quietly. In 2008, the Western propaganda machine was just one, gigantic Chicken Little.

Instead of “the sky is falling,” we were warned (in the most shrill, hyperbolic terms) that we were facing nothing less than the total collapse of our financial systems and our entire economies…unless we listened closely to the bankers, and did exactly what they told us to do. To emphasize their point, the Banking Cabal deliberately “crashed” the global economy – the inevitable result when this banking oligopoly colluded to simultaneously cut-off all capital to an entirely debt-based economic system...

Full commentary: http://www.bullionbullscanada.…entary/25802-secret-panic

The Truth About Competitive Devaluation

It is common knowledge that the U.S. dollar has lost approximately 98% of its value since 1913. That was the year that a private bank called the “Federal Reserve” was given a monopoly to print all U.S. currency; and in exchange for that colossal privilege it was given a statutory mandate to protect the value of the dollar.

How/why has the Federal Reserve been such a total failure in its statutory mandate? The most obvious reason was that these private bankers never had any intention of protecting the value of the dollar. As I explained in “Crime of the Millennium”; it is the printing of these paper currencies (in grossly excessive amounts) which has allowed bankers to perpetrate all of History’s greatest acts of collective theft. The more they print; the faster they can steal.

Naturally the other Corporate Oligarchs are wholeheartedly in favor of this institutionalized program of theft-by-currency-dilution, since they are also big winners. As the value of these paper currencies are (deliberately) destroyed by banker over-printing, the inevitable (and immediate) consequence is that the wages of all workers are rapidly driven lower (in real dollars).

Regular readers will recognize the chart below, showing how (in real dollars) the average wages of U.S. workers have been falling steadily/rapidly for over 40 years. The result of that massive devaluation of wages is that average U.S. wages have fallen by more than 50%, all the way back to (literally) Great Depression levels. Meanwhile, management hand themselves raises many times in excess of the actual rate of inflation – effectively stealing the wages out of their own workers’ pockets...

Full commentary: http://www.bullionbullscanada.…t-competitive-devaluation

Bernanke Fails To Move Gold Market Lower

Following the solid gains in the price of gold last week and the much more explosive rise in the price of silver, all expectations (even among normally bearish commentators) were that bullion prices would continue rising this week. That all changed Monday morning, however.

At that point the Corporate Media released their Script for this week (written by the banking cabal itself). They “predicted” that B.S. Bernanke would “disappoint the market” when his prepared remarks would be released to the world on August 31st.

Experienced commentators and investors alike immediately understood the game being played, since it’s been played on countless occasions in the past.

1) The Corporate Media announces in advance that “all eyes” are awaiting some upcoming propaganda bulletin, and then hype it day after day as the event approaches

2) The bankers focus all of their market-rigging activities on that day, so when the “prediction” comes true (surprise, surprise) they can pounce on the market and (initially) drive prices lower based, on the “reason” being hyped by the Corporate Media all week.

3) Once the downward momentum has been built up, the bankers then attempt to drive all leveraged traders out of their positions; creating yet more downward momentum and causing all sorts of “technical damage” on the charts.

4) The Corporate Media then hypes that technical damage as a further “reason” to do more gold- and silver-selling.

It’s such a blatant tag-team act that it no longer surprises any sophisticated Players in the market. Instead, knowing that the manipulation is on the way; sophisticated investors (led by the Big Buyers) allow the bankers and Corporate Media to work for them...

Full commentary: http://www.bullionbullscanada.…to-move-gold-market-lower

China Stimulus Highlights Western Collapse

Yet again we see a Tale of Two Economies. One economy has a (real) plan. One economy has (real) growth. One economy acts proactively to address its problems.

Then there is the Other economy. It’s only “plan” is to lie about how bad things really are. Instead of economic growth, it has substituted much more borrowing – and handing free money to a banking crime syndicate, as fast as the bankers can shovel it into their vaults. It acts only reactively, belatedly cobbling together hopelessly inadequate bandaids to cover-up gaping (self-inflicted) economic wounds.

Readers should have no problem in identifying China as the first economy. The “other” economy could be the economy of any/every major Western nation. The rate of deterioration is the same in all of them, all that differs is how close to insolvency they were when the banker-plundering began.

Full commentary: http://www.bullionbullscanada.…ghlights-western-collapse

Deutsche:

China Stimulus Höhepunkte westlichen Collapse

...Hier haben wir den Westen "wirtschaftlichen Ärzte ständig Braten all diesen Volkswirtschaften mit diesem Hochspannungs-Notlösung. Vier hat feste Jahren wie rücksichtslos, geistlose, Schock-Behandlung nichts getan, sondern bringen alle diese Volkswirtschaften an den Rand des totalen Zusammenbruchs (mit Griechenland bereits über diesen Punkt).

Across the Pacific, China hat normale Zinsen. Während es vor kurzem senkte die Zinsen zum zweiten Mal in zwei Monaten, die nur brachte Chinas Zinssatz auf 6% - höher als der Durchschnitt, historischen Kursen. China hat zu halten ihre Preise so hoch, da in einer globalen Wirtschaft mit westlichen Gelddrucken überflutet; seine eigene Wirtschaft beginnt sofort zu einer Überhitzung, wenn sie Zinsen erfolgt unter den historischen Durchschnittswerten.

Verstehen Sie, dass die Zinsen eine absolute und eindeutige Indikator für die Gesundheit einer Volkswirtschaft sind. Hohe Zinsen deuten auf eine Wirtschaft, die stark genug ist, um "die Bremsen" in die Hauptstadt innerhalb dieser Wirtschaft ist. Umgekehrt weisen niedrige Zinsen eine Wirtschaft, die Impulse braucht, wo die Wirtschaft so blutarm, dass Anbringen Interesse Kapital ist genug, um die Wirtschaft nach unten ziehen ganz von allein.

Wenn wir also permanent nahe Null Zinsen sehen, ist die Botschaft glasklar: Wir sind an einem sterbenden Wirtschaft suchen. Aber nehmen Sie nicht mein Wort dafür. Einfach bei der einzigen Nation in der Geschichte den Leitzins bei null belassen seit Jahrzehnten, Japan aussehen. - Wer nur entkommen können ihre eigenen Vergessenheit, indem sie die Zinsen auf nahe Null eine permanente Zombie-Wirtschaft, die von Zombie-Banken versteckt Unmengen von Forderungsausfällen geführt: Wir haben alle die Ergebnisse dieser Politik erreicht sehen...

Volle kommentar: http://translate.google.com/tr…ghlights-western-collapse

Iceland Was Right, We Were Wrong: The IMF

For approximately three years; our governments, the banking cabal, and the Corporate Media have assured us that they knew the appropriate approach for fixing the economies that they had previously crippled with their own mismanagement. We were told that the key was to stomp on the Little People with “austerity” in order to continue making full interest payments to the Bond Parasites – at any/all costs.

Following three years of this continuous, uninterrupted failure; Greece has already defaulted on 75% of its debts, and its economy is totally destroyed. The UK, Spain, and Italy are all plummeting downward in suicide-spirals, where the more austerity these sadistic governments inflict upon their own people the worse their debt/deficit problems get. Ireland and Portugal are nearly in the same position.

Now in what may be the greatest economic “mea culpa” in history, we have the media admitting that this government/banking/propaganda-machine Troika has been wrong all along. They have been forced to acknowledge that Iceland’s approach to economic triage was the correct approach right from the beginning.

What was Iceland’s approach? To do the exact opposite of everything the bankers running our own economies told us to do. The bankers (naturally) told us that we needed to bail-out the criminal Big Banks – at taxpayer expense (they were Too Big To Fail). Iceland gave the banksters nothing.

The bankers told us that no amount of suffering (for the Little People) was too great in order to make sure that the Bond Parasites got paid at 100 cents on the dollar. Iceland told the Bond Parasites they would get what was left over, after the people had been taken care of (by their own government).

The bankers told us that our governments “could no longer afford” the same education, health-care and pension systems which our parents had taken for granted. Iceland told the bankers that what the country “could no longer afford” was to continue to be blood-sucked by the worst financial criminals in the history of our species. Now, after 3+ years of this absolute dichotomy in economic policy-making a clear picture has emerged (despite the best efforts of the propaganda machine to hide the Truth)...

...Austerity has been nothing less than a deliberate campaign to destroy these European economies so that the Slaves would be too economically weak to be able to sever their own choke-holds. Mission accomplished!...

Full commentary: http://www.bullionbullscanada.…ght-we-were-wrong-the-imf

Bankers Stealing Our Wealth And Our Sovereignty

One of the difficulties in attempting to cover developments in the global economy is that often there are flurries of news items which emerge at any one time, making it impossible to deal with all these events as they occur. So it is with respect to an announcement by the European Central Bank on July 20th that Greek government bonds would no longer be “eligible as collateral.”

There are many interesting points for analysis here. To begin with, we see yet another example of these con-men using a slippery euphemism to hide the fact that that their paper Empire of Fraud is collapsing all around us. But there are also many nuances to this announcement, and as we know, when it comes to the mainstream media “nuance” is a non sequitur.

To place this announcement into some context, it’s first worth noting that this is the second time this year that the bankers have “suspended eligibility” of Greece’s bonds, with the last time being literally days before it defaulted on 75% of that debt. With that additional background, we now can fully understand what the ECB actually meant with its euphemism: Greek bonds are worthless.

In turn, this directly implies an even more dire reality: Greece has been declared bankrupt (for the second time in six months)...

Full commentary: http://www.bullionbullscanada.…ealth-and-our-sovereignty

The Tortoise and the Hare

It’s easy to imagine readers glancing at this title and asking themselves “what possible relevance could this have with respect to modern markets?” Even if there was some relevance, “what could adult investors learn from this old children’s fable?”

To answer those questions properly requires first briefly summarizing the fable. We had a Great Race between a (quietly confident) Tortoise and an arrogant, condescending Hare. When the race began, the Hare immediately sprinted way ahead of the much slower Tortoise. However, over-confidence took over and the Hare began show-boating and goofing off, and the Tortoise caught up.

This caused the Hare to once again sprint to a large lead, before again succumbing to over-confidence. The pattern repeats itself, with the Hare eventually goofing off once too often – allowing the Tortoise to cross the finish-line first. The details of the fable are generally considered totally irrelevant with respect to the “moral” of this story: slow and steady wins the race.

It’s now possible to answer the questions posed in the first paragraph. What relevance does “The Tortoise and the Hare” have for modern markets? Throughout the entire history of human investing, “slow and steady wins the race” has been the dominant principle of investing…until the last 15 years. That marked the approximate turning point, from which time the fraud-peddlers of Wall Street and their accomplices in the Corporate Media have brainwashed the Investor Sheep into forgetting that basic principle.

Instead of “slow and steady wins the race”; these modern-day con-artists have programmed the Sheep to embrace a new mantra, their mantra: “bet on the Hare.” This massive paradigm-shift in global markets (and the global economy) becomes much more apparent when we shift from metaphorical analysis to specifics...

Full commentary: http://www.bullionbullscanada.…the-tortoise-and-the-hare

The Implication of Currency Dilution

...Indeed, in the entire known universe we have only one example of an item which (supposedly) does not automatically decline in value as it is diluted: the bankers’ fiat paper currencies. In fact, we have no shortage of clueless scribes claiming that it is possible for these currencies to actually increase in value as they are being diluted. Search the phrase “U.S. dollar rises in value”, and you would acquire repetitive strain disorder before you finished reading all the idiocy on that subject.

Regular readers know that I have found this logical absurdity to be positively maddening. Suggesting that (any of) our incessantly-diluted paper currencies could rise in value is just as insane as suggesting that I could drop something and it would “fall” upward…at least at first glance.

Then it suddenly occurred to me that there was one (and only one) theoretically possible scenario where a good which is being diluted could rise in value: if it was already worthless before the dilution even began. Obviously something which is “worthless” cannot possibly decline in value, as a matter of definition. So even though there is no reason to expect a worthless item to increase in value (as it’s being diluted), since it’s impossible to decline in value then it becomes at least quasi-rational to suggest that it might appreciate in value (somehow).

There is no other possible exception to the principle of dilution: the only good which would not automatically decline in value as it is being diluted is a good which was already worthless before the dilution commenced...

Full commentary: http://www.bullionbullscanada.…tion-of-currency-dilution

Deutsche:

Die Implikation von Currency Dilution

...Gibt es irgendeine andere Beweise, die implizit zeigt, dass diese Banker ihr eigenes Papier Währungen als wertlos betrachten? Plenty. Fangen wir mit 0% Zinsen in den USA starten, wo die Federal Reserve hat buchstäblich umsonst Billionen $ in frisch gedruckten Geldscheinen gegeben - alle auf die Wall Street Verbrechersyndikat. Wenn man etwas umsonst Jahr für Jahr für Jahr (in unverständlicherweise große Mengen), ist die offensichtliche Absicht, dass, was Sie verschenken, ist wertlos...

Volle kommentar: http://translate.google.com/tr…tion-of-currency-dilution

Central Bank Gold-Grab Intensifies Further, Part II

In Part I, readers had revealed to them the latest chapter in Western bankers’ newfound love-affair with gold. Indeed, as central banks around the world swap their own paper for gold at the fastest pace in history, it’s quite clear which monetary asset these charlatans really believe is a “barbarous relic.” After bad-mouthing gold for decades (and continuing to get their media trolls to attempt to frighten people away from gold today), we are currently witnessing history’s greatest “bash and buy”.

Both European banking authorities and those in the U.S. are now proposing reclassifying gold as a “Tier 1” financial asset. As was previously noted, this would have the effect of instantly making gold twice as attractive and twice as valuable to all of these large, Western financial institutions. What makes these developments especially interesting at the present time is that they are occurring at the end of another long period of sideways trading in the gold and silver markets.

Throughout this 10+ year bull market, these temporary periods of sideways price-action where the bankers are able to trap gold and silver within trading ranges have preceded the largest/longest rallies over the past decade – where gold and silver prices smash through all previous (nominal) highs. While the bankers are typically the last to notice and understand the consequences of their relentless manipulation, if you hit a dog over the nose with a rolled-up newspaper enough times, eventually the dog will get the message.

Thus the bankers themselves know their “fun” has nearly come an end (at least for an extended period of time), and they will have to once again sound the retreat on gold and silver prices. Being greedy (above all else), these banksters manage to be quite pragmatic: when they know that gold and silver are set to blast-off once again, many of them like to come along for the ride.

So, with a long period of sideways trading in the precious metals sector nearly at an end; with the bankers themselves in the process of reclassifying gold to make it much more valuable (for themselves); and with the bankers having a known tendency to switch sides and jump on the bandwagon (for short stretches); now is the time for all savvy precious metals investors to empty-out their bank accounts and sink every last dollar into silver and gold. Right? Not so fast...

Full commentary: http://www.bullionbullscanada.…tensifies-further-part-ii

Central Bank Gold-Grab Intensifies Further, Part I

Precious metals commentators (the legitimate ones) are continually striving to tear away the veils of deceit and propaganda, in order to present the global economy (and the world as a whole) in a realistic manner. This, in turn, is done in order to warn people of the grave financial/economic peril which looms ahead of us; thanks to the unholy alliance of unscrupulous bankers and corrupt politicians (and regulators).

It is a frustrating task. It is a fundamental trait of human psychology that most people expect tomorrow to be just like today. Couple that inherent defect in thinking with history’s greatest propaganda-machine, continually blaring to the masses an endless chorus of “don’t worry, be happy”; and the result is as predictable as it is tragic: hordes of lemmings blissfully marching toward the gaping chasm ahead.

This is why we continually look for opportunities to demonstrate how the actions of the duplicitous bankers are entirely contrary to their words, and thus reinforce the reasoning and analysis of commentators like myself. Recall how the bankers and their minions in the ivory towers of academia have spent nearly a century attempting to brainwash the masses into believing the absurd proposition that gold was/is “a barbarous relic”...

Full commentary: http://www.bullionbullscanada.…ntensifies-further-part-i

Precious Metals vs. Commodities

I had the opportunity to listen to an inteview with noted commodities-guru Jim Rogers, which is never a bad investment of one’s time. Rogers is both very astute, and a straight-talker; two “commodities” which I’m sure that he would purchase if he could – since both are clearly in short supply in the 21st century.

The central topic on the mind of Rogers’ interviewer was Ben Bernanke’s farcical testimony before the U.S. Congress. That love-fest had all the interrogative value of spending the day watching Sesame Street. Rogers was also totally unimpressed:

…Mr. Bernanke is going to print more money…I wouldn’t pay much attention to the man…He only knows one thing – and that’s what he’s going to do…

The interview then proceeded to Rogers’ specialty: the world of commodities. He remains totally committed to commodities over the long term, rightfully pointing out that as the global economy continues to be drowned in mountains of the bankers’ paper currencies, that these hard assets must soar in price – as all that paper collapses in value...

Full commentary: http://silvergoldbull.com/blog…us-metals-vs-commodities/

My Last Forecast on Silver and Gold Prices

It seems at the very least ironic that as I begin a new chapter in my own career as precious metals analyst for Silver Gold Bull, that simultaneously I’m writing my last chapter on one facet of that analysis. This will be my last effort at playing the increasingly irrelevant game of attempting to forecast gold and silver prices – in terms of the bankers’ paper.

Many readers will be aghast at this announcement. How can I “analyze” the gold and silver market without providing guidance on its (paper) prices? I would immediately reverse this proposition with a question of my own. How can anyone provide rational estimates for future prices of hard assets which are being priced in paper which is already effectively worthless?

Now it is the paper-peddlers who would be horrified by my stance. How dare I assert that the beloved fiat-currencies which they (and their propaganda machine) place in such high esteem are worthless? Here I have a host of arguments at my disposal, several of which I have used in the past.

There is the obvious analogy between paper currencies and the shares of a corporation. With nothing officially “backing” these paper currencies, our governments can only impute value in this paper as a claim against these sovereign entities which issue them. How much is a share worth in a bankrupt corporation? How much is a dollar worth, when it is issued by an obviously bankrupt debtor?...

Full commentary: http://www.bullionbullscanada.…on-silver-and-gold-prices

The Two Worlds of 2012

Providing coherent economic analysis has become a nearly impossible task. By definition, “coherent” implies something which “holds together”. Conversely, this analysis is being produced in a world with a mainstream media which is (at the least) bipolar – if not simply schizophrenic.

There are two dominant economic trends in the world today: exponentially increasing money-printing; and extreme, hopeless insolvency. Yet despite the fact that these two trends are extremely closely connected, we have the bipolar media reporting on them, and “analyzing” them as if these trends were occurring on separate worlds.

To describe the media’s reporting and analysis as merely simplistic would be inaccurate. One can be simplistic while still engaging in coherent analysis – i.e. discussing “the big picture” in superficial terms. However what the mainstream media is engaging in is much different.

It is as if the media spends ½ of its time reporting while covering one eye with its hand, and the other half of its reporting is done while covering the other eye. The result is as predictable as it is inevitable: a complete and utter lack of “depth perception”. Thus on the same day we have the following two articles being published in Bloomberg:

“Greek Default Risk Returns As Bond Maturity Nears” [emphasis mine]

“Brazil Futures Yields Rise From Record On Faster Inflation” [emphasis mine]

As you read through Bloomberg’s bipolar reporting on the global economy, you will note no mention (at all) of the soaring inflation gripping most of the world when you read about another, imminent Greek debt-default. Meanwhile, the inflation article on Brazil contains merely one, vague illusion to “caution” in Europe. This is despite the fact that these two trends are not only directly correlated, but causally connected...

Full commentary: http://www.bullionbullscanada.…61-the-two-worlds-of-2012

Europe At A Crucial Crossroad

Nearly two and a half years ago, I first began warning readers of the “economic terrorism” which Wall Street had unleashed upon Europe – via the fraudulent manipulation of credit default swaps, and equally fraudulent “ratings cuts” from their accomplices, the ratings agencies. At a time when only Greece had begun to experience financial turmoil, I wrote:

…It will be even more interesting to see what happens next. If the CDS [credit default swap] spreads now begin to “mysteriously” widen for Spain, Portugal, and perhaps other EU members, this will signal that these financial psychopaths are going to continue to simply nuke one vulnerable economy after another.

In fact this is precisely what we have seen transpire. As this made-in-Wall-Street financial holocaust intensified, roughly one year ago I wrote a four-part series (“Economic Rape of Europe Nearly Complete”) where I first explained what had already taken place, and then detailed what was to come.

In Part II of that series, noting how the banking cabal was lusting for the remaining gold reserves of Europe’s debtor-governments; I predicted that part of this “rape” of Europe would be to use these fraudulent bond debts as a pretext for confiscating these nations’ gold. One week ago, UK’s The Telegraph published the article “Europe’s debtors must pawn their gold For Eurobond Redemption”, where it wrote:

…Southern Europe’s debtor states must pledge their gold reserves and national treasure as collateral under a €2.3 trillion stabilisation plan gaining momentum in Germany.

In Part III of this series I wrote:

…The Oligarchs thus have one more necessary step to irrevocably cement this campaign of economic slavery: the full, economic integration of all Euro-zone economies.

Six months ago, German Chancellor Angela Merkel began her push for precisely that: a European “fiscal union”. Again, suddenly, in the last two weeks Merkel has resumed preaching that message, now on a daily basis. But now that sermon has become even more ominous: Merkel wants a full “political union” – with the fiscal union merely being Stage One...

Full commentary: http://www.bullionbullscanada.…pe-at-a-crucial-crossroad