British Cabinet Minister Says, “We’re F**cked”
Privately, something close to desperation is starting to develop inside the British government. After watching the slide in bank shares on Friday, one cabinet minister did not altogether joke when he said: “The banks are f**cked, we’re f**cked, the country’s f**cked.” England’s Bankster Bailout v2.0 is in trouble.
Robbing Peter to Subsidize Paul
Richard Maybury (hero) asks, “If governments can create gains in employment and income, why don’t they do it all the time? Why wait for emergencies?” And, how does this affect the price of gold and silver? Mr. Maybury explains in Inflation, Intervention & Velocity of Money.
As you may know I’ve been giving away one ounce silver bars to complete strangers (If You Have No Silver I’ll Give You Some of Mine). Sorry to say, after giving out 73 bars all together I’ve run out. No more for now.
John Williams On Booze & Hyperinflation
What’s the Wall St Journal up to? First they talk openly about the “Amero,” the long-rumoured secret replacement monetary system for a soon-collapsed US dollar. Now, they interview John Williams, the watchdog over gov’t manipulated statistics. Are we being prepared for something? Wall St Journal Talks (hyper)Inflation
Get Physical: Another Knock Against ETFs
David Morgan reports Barclays has changed SLV prospectus wording from “Silver Bullion” to just “Silver.” Does this sound like not all their silver is bullion? If it ain’t physical silver, what is it? Silver ETF Isn’t 100% Real
COMEX Not Vaporized But, Maybe, Smoldering?
COMEX silver inventory didn’t vaporize last December, but it was knocked down a bit. Now Ted Butler is saying “we may be heading into a wholesale silver shortage.” I wonder Is COMEX Cracking? Finally?
401K Salvation Soon?
If you’ve seen your 401K destroyed in the last quarter of 2008 your salvation may be at hand–I think the long-overdue bear market rally may finally be here. The coming 4 to 12 weeks could give you your last, best chance to dump your 401K at an interim high. Bottom? NO Rally? YES
“Inflation:” the Most Insidious Tax Ever
IF adjusted for inflation
THEN the stock market has fallen back to 1966 levels.
Yep, if you had bought into the market in ’66 figuring you’d “buy-and-hold” you’ve made NOTHING in 43 years. UGLY: Inflation-Corrected Dow
Buying Our Own Debt?
George Ure sounds off on why it’ll work in the short term, BUT what are the long term consequences? Is this really just a snake eating its own tail? Could it be we’re staring down the barrel of the Dollar Death in May?
Masters Do Not Collect Money From Their Slaves
G. Edward Griffin, author and hero, responds to a reader who wonders if the “Shadow Powers” are about to “shoot themselves in the foot”? She asks, So What Happens When We All Are Broke?
Summer from Hell: US Dollar Collapse 4cast
George Ure (of Urban Survival fame) is talking about “competitive collapse of currencies world-wide” beginning “no later than late May.”
I’ve also watched the LEAP/E2020 European think tank’s economic forecasts with great interest. Now they’re not only predicting the demise of the world’s reserve currency, the dollar, this summer but events equally ominous. Sometimes you gotta go outside the mainstream US media to get the straight scoop. Consider the Think Tank’s 2009 Predictions.
Read about the only indicator I’ve found that has correctly predicted the timing and magnitude of the 1929 crash in Market Predictions for 2009-2010.
– Checking Off My “To Do” List
– WSJ Talks Amero
– Sinclair’s Third (and Final?) Warning
– Stats Say Yes, It’s a *Depression*
– Warnings & Advice from a Saint, Part 1
– 2009: Worst Still Ahead
– Best Way 2 Control the Masses
– Uncle Sam’s Gold Grab
– Something of Historic Proportions Is Happening
– Deflation Xforming to Inflation Soon
– Shadow Powers Plan for 2011
– Sober Prediction for Nov. 2009
– Market Prediction for 2009-2010
– >> How to Rate Your Bank’s Safety <<
– History of the Meltdown… (on-going)
Remember what’s in store for us: What’s Coming R Way
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