James Turk: Silver in Backwardation- No One Wants the Counter-Party Risk!

panicJames Turk joins us this week for a MUST LISTEN show discussing:

  • Silver Has Been in Backwardation Since January No One Wants the Counter-Party Risk!
  • The writing is on the wall for Greece- Bail-in appears inevitable! 
  • When Greece is bailed-in, Will Contagion Rip Across the Banking Systems of France, Italy and Spain?
  • Turk Explains Why Fiat Currency is Coming to a Conclusion
  • Governments Will Come Back to Gold Either Willingly, or Kicking and Screaming!
  • When the Big Black Swan hits, Will Americans Finally Wake Up to the Encroachment of Fascism? 
  • Why it is Prudent to Protect Your Wealth With THINGS…Not Promises! 
  • Turk Explains Why Buying Gold Today at $1200 is Better Than Buying Gold at $35 in 1971!

    Click here for t
    he SD Weekly Metals & Markets With The Doc, Eric Dubin, & James Turk:
Tagged with: , , , , , , , , , ,

[KR761] Keiser Report: How much do they steal?

We discuss the ‘if you ain’t cheating, you ain’t trying’ school of economics. ‘ In the second half, Max continues his interview with John Aziz (Twitter: @Azizonomics) about Keynesianism and what it could do for our sick economies.

Max Keiser presents the StartJOIN TV interview with Nick Williamson

Our Crazy-Making Economy’s Endgame: Festering Frustration Seeking an Outlet

The consequence of policies that exacerbate injustice, inequality and double-bind demands is a madness that will find a social and economic outlet somewhere, sometime.

We all know crazy-makers: people who make contradictory claims about reality, who say one thing and do another, who change their stories constantly to justify their own pursuit of self-interest, who demand the impossible of others while giving themselves unlimited excuses.

When they can’t change reality to suit their purposes, they change their accounts of reality, and stick with the revised stories even when they are contradictory.

This describes the entire financial structure of the U.S.: crazy-making.

Read more ›

Tagged with: , , , , , ,


Terroriste Anglais

When the Current Housing Bubble Finally Bursts

Bubbles are followed by echo-bubbles, and the bursting of the second bubble ends the speculative cycle.

If we have learned anything in the past 20 years of massive asset bubbles and equally massive declines when the bubbles finally pop, it’s this: those caught up in the expansionary phase of the bubble cannot believe the bubble that’s rewarding them so richly could actually burst.

This psychology of mass delusion now dominates housing, stocks and bonds: not only is this not a bubble, the expansion will continue forever.

History, however, suggests otherwise: all bubbles burst, period.

Read more ›

Tagged with: , , ,

FBI Confirms No Major Terrorism Cases Cracked via Unconstitutional Patriot Act Phone Spying

Screen Shot 2015-05-22 at 11.21.19 AM

As time has passed and the years have gone by, it has become increasingly clear that the phone records collection program hasn’t stopped a single terror attack. In fact, a recently published report by the Justice Department’s inspector general admitted as much. This takes on increased significance with parts of the Patriot Act set to automatically sunset on June 1st

Read more here.

Tagged with: , , , , , , ,

What are our politicians paying in tax? Tax Justice Network Podcast May 2015

Do our politicians believe in the societies they serve or not? The Tax Justice Network‘s Taxcast looks at making the tax returns of our elected representatives public and the inspirational achievement of journalist Umar Cheema of the Centre for Investigative Reporting in making Pakistan only the fourth country in the world to publish the tax returns of its Parliamentarians. Also: how the British general election demonstrates political capture by finance interests; libertarian paradise – the world’s newest tax haven; and is Singapore trying to shut down reporting on its tax haven status?

Featuring: John Christensen of the Tax Justice Network, @UmarCheema1 of the Centre for Investigative Reporting in Pakistan. Produced and presented by @Naomi_Fowler for the Tax Justice Network.

“A senior Finance Ministry official told me that when the government of Pakistan decided to make tax data public, they got to hear from the UK authorities that now we will come under pressure to do the same in the UK. I don’t know when they do but one should hope for the best and the Tax Justice Network must use the example of Pakistan for pressuring the authorities in London.”

~ @UmarCheema1

Download to listen offline here:
Join us on facebook
Check out our youtube channel
Never miss a Taxcast! Subscribe to our rss feed

Home websites and daily blogs:

‘Titanic’ Global Economy May “Collapse” Warn HSBC – Gold Is Lifeboat

‘Titanic’ Global Economy May “Collapse” Warn HSBC – Gold Is Lifeboat

-“The world economy is like an ocean liner without lifeboats …” – HSBC
- Four areas of high risk identified by HSBC
- Risk of stock market crash
- Pension funds and insurers may not meet obligations
- Chinese recession may drag U.S. into recession or depression
- Premature rate rise would expose very fragile global economy
- “There aren’t enough lifeboats to go round”
- Gold vital lifeboat when global ship strikes iceberg  

The chief economist of the world’s third largest bank, HSBC’s Stephen King, has compared the global economy to the Titanic. Read more ›

Tagged with: , , , , , , , , , , , , , , , ,



Number of NYC Apartments for Rent Above $50k/Month Triples Since ’08; 82% of U.S. Construction = Luxury Units

Screen Shot 2015-05-21 at 11.52.27 AM

The oligarch recovery marches forward with reckless enthusiasm, despite extremely disturbing underlying trends which are all but guaranteed to result in significant societal unrest in the years ahead. The U.S. economy, and indeed the global economy, is much more similar to pre-1789 France than any other historical period I can think of.

You have a handful of super wealthy people, completely disconnected from any sense of reality, running around telling governments what to do. All the same characters who created the global financial crisis remain in charge of the world’s most powerful institutions, and continue to benefit handsomely from its aftermath. While claiming to have “saved the global economy,” the only thing they really saved were their own positions of power and wealth. The only thing that was saved, was the very thing that should have been completely discarded, the global status quo. 

Read the rest here.

Tagged with: , , , , , ,