[T]he People of Scotland have an opportunity to extricate themselves from the socio-psychopathic global corporatists and the temple of outrageous and excessive abject materialism. However, it is not going to be an easy ride . . . .
If Alex Salmond and the SNP [Scottish National Party] are serious about keeping the Pound Stirling as the Currency of Scotland, there will be no independence. Likewise if Scotland embraces the Euro, Scotland will rapidly become a vassel state of the Euro-Federalists, who will asset strip the nation in the same way that, Greece, Ireland, Portugal and Spain have been stripped of their entire national wealth and much of their national identity.
The word “gloomier” inconveniently showed up to describe how CEOs feel about sales, employment, and capital expenditures. Yet these CEOs run companies that have been spending near record amounts, not on productive uses such as capital expenditures or hiring more people to push revenues to the next level, but on buying back their own shares.
We analyze the surprisingly likely drivers that may keep the US dollar strengthening over the next few years, especially if another economic/financial crisis arrives. While there are many reasons to fear for the longer term viability of the US dollar given America’s current misguided monetary policy and exponentially increasing debt & liabilities, the next few years could well see it appreciate further by 50-100% relative to the world’s other major fiat currencies.
For those understandably disgusted by the reckless expansion of the US money supply over the past six years, it’s vitally important to remember that the road to our monetary endgame is not a straight line, nor necessarily intuitive. To have the best chance of remaining solvent, understanding the likeliest pathways the route will take is often nearly as important as correctly predicting the final destination.
“He became a drug addict at the age of twelve and then started to sell drugs from his bedroom and on the streets to pay off his growing drugs debts to local dealers. Then he got into trouble with Yardies.” - Read my latest daily blog in full here
Tuesday, September 16, 2014, RT TV aired Part Two of Erin Ade’s interview with Janet Tavakoli on the Fed’s lack exit strategy: “we’ve never been here before, we really don’t know what is going to happen next” Begins @5:05. On September 10, RT TV aired Part One. Starts @3:35.
This year some 900,000 oz of silver on average have moved into or out from these six warehouses on a daily basis. The daily average movement of silver into and out from the COMEX silver warehouses at 900,000 oz is equal to 28% of total world daily mine production.” -Ted Butler
Over 1 in every 4 ounces of silver that planet earth will bring out of the ground this year, will be shuffled through the vast halls of Comex warehouses. Over 1 in 4. The Comex system has gone from moving perhaps 1 million ounces of silver per week, to moving nearly 1 million ounces…per day! In fact, injust the last two business days, the Comex has moved over a whopping 4 million ounces of silver! As prices continue their descent for both gold and silver, it’s more important than ever to keep a clear focus on the implications of this price action, not just for investors like us(which are obvious), but also for those trying to orchestrate it. It’s all a game of ounces in the end, for these banks, after all. They must bring enough physical metal to deliver on their exchanges, both to investors, and to the industrial users.There’s no “Plan B”. Since both sources of demand won’t back off from their record level purchases, the bullion banks realize that they simply have to bring even more product to market.Their backs are against the wall here. The moment the metal is not delivered to some large customer in size, is the precise moment the end to this game will begin.That’s the Catch 22 of the situation though:the banks want lower silver prices, yet the lower the price goes, the more threatened their constant source of supply becomes. The banksters are Trapped Like Rats
- “Your wife is a Kosovan or a Bosnian?”
- “She would say she’s Serbian. She was born in Bosnia. Her mum was a Bosnian Croat and her dad’s Montenegran.”
- “The Serbs were the baddies.”
- “They were put across as the baddies.” - Read my latest daily blog in full here