Blog Archives

Let’s Give Thanks for this Most Precious Gift

Today, let us be thankful that the following has not occurred…YET

A young lady waking up one morning, pouring herself a steaming cup of coffee, and stretching as she walks over to turn on her TV.  As she clicks her remote, she suddenly sees a disturbing image of the U.S. President on the screen (flanked by the Secretary of the Treasury, and the Federal Reserve Chairman) making an unscheduled speech….at 7 in the morning.  She tries to change the channel, but it seems to be on most stations, even non-news stations.
“The President has called for calm in financial markets.”  “Authorities try to stabilize currency and bond markets, ahead of Dow opening.” “Dow futures down by 845 points.”     “Dow futures now down by 985 points.”
“The President has asked for patience as banks are to close for a brief period, before reopening again next Tuesday.

Click here for more on the MOST precious gift this Thanksgiving:

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Swiss Yes Vote Possible – First “Gold Rush” Of 21st Century?

Swiss Yes Vote Possible – First “Gold Rush” Of 21st Century?

There are just 3 days left until the“Save Our Swiss Gold” referendum this Sunday. On November 30, voters in Switzerland will head to the polls to decide whether the Swiss National Bank (SNB) should back the Swiss franc with gold by increasing its gold holdings to 20% – up from current levels of 7%.

The conservative Swiss People’s party proposed the initiative, called “Save Our Swiss Gold“, with the intention of boosting the security and financial and monetary independence of Switzerland in these  times of financial uncertainty. They believe that a 20% gold holding will protect the Swiss people from currency debasement, currency devaluation and an international monetary crisis.

In the case of a “yes” vote, gold prices are likely to surge. Analysts do not believe a yes vote is possible. However, analysts have got the mood of the people wrong in many referendums both in Switzerland and throughout Europe in recent years.

We believe that the vote will be very close – much closer than many analysts suggest. After a massive, very well funded and highly coordinated campaign by the banking and political establishment in Switzerland, the polls show that the no side is in the lead.

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Everyone is asking about George Osborne

Stacy Summary: Here he is at PMQs today. Cocaine?

#Ferguson protests jibber jabber

Stacy Summary: Long time no jibber jabber. Well, here’s that thread for you as protests continue.

Gold “Price” Spikes to $1,467.50/oz on Computer Glitch

Gold “Price” Spikes to $1,467.50/oz on Computer Glitch
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Gold spiked higher in many price feeds overnight and was $270 higher or more than 22% higher to $1,467.50/oz at one stage in what appears to have been some form of computer glitch.

There was speculation that the price spike was due to a series of charting errors or misprints, a bad price feed or a computer glitch. Another example of how technology is a great enabler but can also be a great disabler.  

Despite a very bullish backdrop of the Swiss gold referendum on Sunday, gold repatriation movements in Europe, Russian central bank gold buying and very robust Indian and Chinese demand, there was no breaking news that would justify such a dramatic uptick in gold.

The “usual suspects” were a fat finger trade by a large hedge fund or bank. This was quickly discounted as the price moved higher in a series of trades over a period of minutes rather than in one or two trades.

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Tether aims to break Bitcoins volatility IHB News

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After 46 years, Jim Rogers is bullish on Russia

Stacy Summary: This is an interesting interview with Jim Rogers who has finally gone long Russia. Partly because everyone in the world hates it. Partly because he thinks the Kremlin is finally doing the right thing. And mostly because they have no debt, huge foreign currency reserves and a convertible currency. Of course, we interviewed Liam Halligan last year and he said the same re: the reasons why Russia is a good place to invest. It was, however, at that time, missing the crucial ingredient of deep hate. Emotions are how investors lose money – that’s why psychopaths and sociopaths do so well.


U.S. Drone Strike Math – 41 Terrorists Targeted, 1,147 People Killed

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I strongly believe that the reason so many Americans blindly support the widespread use of drones is due to the mistaken belief that they are precise and result in few civilian casualties. It’s important to get some of the facts out to the public in order to have a more informed debate on the matter…

Read the rest here.

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If you want to be sent link to special @StartJOIN equity offer you need to have at least 25,000 @start_coin in your acct.

Nothing Has Changed–and That’s the Problem

Playing monetary games has done nothing to eliminate moral hazard.

If we step back and look at the past six years since the global financial meltdown of 2008, we see that in terms of financial and political power, nothing has changed–and that’s the problem. If nothing has changed structurally, then none of the problems that caused the meltdown have truly been addressed.

All that’s changed is the vast expansion of monetary games has masked the dysfunctional reality that the same old vested interests that had a death-grip on wealth and power in 2008 have tightened their death-grip in the past six years.

Here’s the problem facing every nation and trading bloc:


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You-Know-Who and the Irish Water Protest

An alleged Irish business magnate owned fuel company a while ago won a lucrative Irish government contract worth 20m euro. On the board of the company, now known as Topaz (previously traded under the Statoil and Shell brands), sits ex (allegedly drunken) prime minister Brian Cowan.

It’s worth noting that nowadays the peaceful civil disobedience grass roots water rebels have boycotted the same company, leaving forecourts of these petrol stations without their full quota of customers. This is because the same alleged magnate won a major contract for part of the installation of the hated water meters and had 300,000,000 written off on three deals which saw him acquire Topaz, Siteserv (parent company to GMC Sierra water meter installers) and The Beacon Private Hospital for 230 million euro. This person is said to be not tax resident in Ireland but has however had the (IMO dubious) honour of being on the stage close to Prime Minister Enda Kenny at the ringing the Wall Street bell.
The same businessman has an interest the lions share of privately owned media outlets in Ireland under the Independent News and Media brand and rumour has it that he may even threaten legal action against lowly internet chat rooms who take his name in vain. As a journalist one quakes in one’s boots at the prospect of mentioning his name.


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