The schiff report

http://www.youtube.com/user/SchiffReport

NY FED PRESIDENT: WE ARE NOT PRINTING MONEY

Read more:

http://pragcap.com/ny-fe...resident-printing-money

http://www.zerohedge.com...le-sam-bailing-them-out

The Outlook for Silver Remains Very Bullish

Read more:

http://www.resourceinves...mains-Very-Bullish.aspx

http://www.lewrockwell.com/paul/paul703.html

28 consecutive weeks of funds outflow even as the US stocks run up beyond the April 2010 highs (see link below). US stocks are rallying on fumes and anaemic volume! This wont end well; only time will tell. Interesting to note that govt motors (GM) IPO was taken up well.
China & Canadian main indices have now turned daily bearish - more losses in coming weeks. Apple too has turned daily bearish & the current sell volume towers the buy volume since June. Apple is the signal to short nasdaq - has worked as a leading indicator since 2005.

@mwekahazina - the sooner the fraudelent banks are put out of biz, the better. When silver zooms above $30, $50 will be in scope and those 'guys' selling silver contracts they don't hold had better start learning how to print money out of thin air to pay up. It's a pity that investors of late rely on QEs to support equities. If all is well in this so called 'global econ recovery' then why the endless stimulus? Debt monetization cannot repay debt. That's the same as taking another loan to pay up a former loan. It's a rat race to bankruptcy! As for EA applying hedging by getting gold or silver reserves, I don't see it happening while their CBs are busy looking for ways to remodel inflation math. It's easier & cheaper. Or to give them credit, this will hide the hot money inflation influence. Or EA countries are sitting on large gold/silver deposits waiting for miners.

Anyway I hope the QE money lords continue printing into the oblivion. That way both equity investors & commodities traders will be smiling to the bank as both asset classes rally like mad due to the hot money. But food inflation will become unbearable and that's when govts will run into big trouble. At the same time that's when the equity investors will realize that priced in paper/fiat money their holdings look wealthy, but priced in precious metals (gold, silver, platinum, palladium etc) the haircut reality will be shocking. I expect copper to out price equities by the time this fiat currency system meltup hits the fan. This time I expect the money gods to kill their own system while in pursuit of any method to maintain the keynesian economics status quo of credit based systems.

http://www.zerohedge.com.../Cum%20Flows%2011.17.jpg

Hmmm! Husah & Scubidu: Nice to know there people who see how things are going. Debt Monetization reduces the proportion of China's holdings in USD Bond, but its money printed by the Fed (and who owns the Fed and IRS?)

The "cooking" of inflation figures by EA is similar, though a different approach, to the US Fed's removal of "M2" in the early 2000s and . Its setting us up for a series bubbles. Good for wise traders, lakini, mtajikakamua!!!

@Scubidu, you've mentioned a very important point - agflation. Nomura came up with a report in September 2010 dubbed "The 25 Countries that will be screwed by a Food Crisis" http://www.businessinsid...od-crisis-2010-9?slop=1

Kenya is on the list. Here, take a long term view, and its not population growth or global warming that's the underlying cause. Please find out.

Lets look at Silver, Monday trading sessions from East Asia to UK, registered some gains, then the artillery came in "late" and hammered the price down. Today??? http://www.silverseek.com/ In the long-run, hard money will defeat soft money.

@Karanjakinuthia - The 1930s depression was another scandal in itself. It was a scheme where the bubble was blown, then the rug pulled purposely (margin calls!, credit lines etc.). The result was the banks with links to the Jekyll Island group, bought up the smaller banks. It was also a scheme to mop up whatever "Gold" was available. The intrigues are not really what is put out as official history. Gold confiscation (Robbery) as USD 9 or 15 per oz, whereas the the actual value was USD 35. The current scheme is to reduce wealth of the middle class, worldwide, and sovereignity (aka Ireland). So, where's this gold? Is it still there? Its supposed to have accumulated to 8,000 tonnes and last audited in 1954....

@Scubidu - Nice one.

@Hisah - Here's Max Keiser's on Eric Cantona. http://rt.com/programs/k...eiser-alex-jones-banks/

http://www.youtube.com/user/SchiffReport

The Printing Press Produces Inflation, Just Not Where It’s Needed

Read more:

http://blogs.forbes.com/...t-not-where-its-needed/

http://oilprice.com/Meta...Just-a-Dollar-Thing.html

We truly are in the thick of Phase II of the Debt Crisis. A collapse of the real estate sector in the western hemisphere is exposing cracks in the socialist structure and causing immense strain on the debt of nations.

The IMF's bitter prescription of austerity has but one result: higher taxes, rising unemployment and growing civil unrest.

"Ireland sought international aid, becoming the second euro country to need a rescue as the cost of saving its banks threatened a rerun of the Greek debt crisis that destabilized the currency.

Ireland will channel some of the money from the European Union and International Monetary Fund to lenders through a “contingent” capital fund, Irish Finance Minister Brian Lenihan told reporters late yesterday. The rest of the package, which Goldman Sachs Group Inc. estimates may total 95 billion euros ($130 billion), would help Ireland avoid selling bonds...."

Read more:

http://www.bloomberg.com...-overwhelms-nation.html

The silver short squeeze will be a spectacle...

http://news.coinupdate.c...ver-bar-shortages-0542/
http://harveyorgan.blogspot.com/

@Mwekahazina - I stopped worrying about these useless pacts from the likes of World bank, IMF, WTO, EU, AGOA, NAFTA etc when I realized the money/economy ponzi model cracked up in 2006. It has been failing since then and we're just pretending that all is well with these fiat ponzi cash scheme. The longer the pretext the better the chances of a total collapse.

The emerging nations of China and Russia acting out of anticipation to the Debt Crisis crossing the pond from Europe to the U.S., triggering a Dollar crisis such as that witnessed in the Euro. In addition is the unilateral move by the U.S. Federal Reserve to engage in quantitative easing (money printing) despite international protestations.

"St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.

Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.

"About trade settlement, we have decided to use our own currencies," Putin said at a joint news conference with Wen in St. Petersburg...."

Read more:

http://www.chinadaily.co...24/content_11599087.htm