Free Market Dooms Fiat Dollars?

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Thanks primarily to the research by GATA (Gold Anti-Trust Action committee), it’s widely believed that the current COMEX and London markets are manipulated in order to artificially suppress the prices of gold and silver.  I agree with that belief.

It’s therefore presumed that a true “free” (unmanipulated) market prices for gold and silver would be not only be higher than the COMEX market prices, but might be enormously higher.  I agree with that presumption.

If a true “free market” for gold and silver could be found, people routinely talk about silver rising from $35/ounce (on our current manipulated markets) to $500 or even $1,000/ounce (on a true, free market).  Predictions that gold might rise to $10,000 or even $20,000/ounce are common.

 

Max Keiser: Greeks Required to Pay Non-Greek Debts?

Max Keiser offers a completely new spin on the Greek debt problem:  Other countries have dumped some of their debts on Greece, and the Greek people are being required to repay debts that they did not incur.  Rather than repay someone else’s debts, the Greeks are rioting.

His allegations are fantastic, but I’ve heard of Max Keiser intentionally fabricating false stories or telling lies.  So, while I can’t speak to the truth of his allegations, Max Keiser–as always–is as full of passion as a mad leprechaun and every bit as entertaining.

Who knows?  He might even be right.

video  00:06:15

http://www.youtube.com/watch?v=coalJcqFpQE&feature=player_embedded

 

Bank Holiday Coming?

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Warren Pollock is a “semi-retired Wall Street executive”.  He’s interviewed by Max Keiser and predicts that the American “empire” is failing; that that failure will include a “bank holiday” wherein most Americans’ bank savings will be effectively seized.

Pollock claims we are now in a “totally lawless” situation.  The government is passing laws now to legalize these future seizures.  The American people’s bank savings will be directly seized by the banks rather than taxed indirectly and then distributed from government to banks. All savings accounts would be revalued.  The existing dollars in your bank account, pension funds, brokerage accounts will be replaced with new dollars that have perhaps half the purchasing power of the existing dollars.

“Nothing is safe in terms of [bank account] savings.”

Chaos cometh.

video      00:12:52

 

Mish Shedlock Interviewed by Max Keiser; A.D. 2012 Predictions

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Mish Shedlock is an economist who publishes “Mish’s Global Economic Analysis”. His predictions and understanding are strong.  He’s interviewed by Max Keiser in the following video and explains what he sees as the likely course of economic events in A.D. 2012.

His position on the coming prices of gold is neutral to even downward over the next six months.  I’m a gold “bull”.  Actually, I’m a gold “fan”.  I have my reasons for believing that gold must go up dramatically, and Mish also agrees that gold will go much higher.  But Mish thinks gold will languish for the first half of this year while I expect the “gold will rise again”–and probably fairly soon.

But Mish has real knowledge about economics and gold, while I have mere opinions and intuition.  Mish’s predictions are more credible than my opinions.

In any case, you can learn a lot from the following interview:

video   00:23:01

http://www.youtube.com/watch?feature=player_embedded&v=IRxv3_rpKLU

 

Max Keiser interviews Gerald Celente on Global, Economic Corruption

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Max Keiser and Gerald Celente discuss MF Global (the 8th biggest bankruptcy in US history), JP Morgan’s manipulation of the silver market and the prevalence of corruption in our global economic system.  Celente alleges criminal behavior by the Chicago Mercantile Exchange and The City of London.

They warn that if your bank deals with derivatives and goes bankrupt, the derivatives claim to remaining bank assets will be superior to the claims of actual depositors.  Implication:  no deposit in a bank that deals with derivatives is safe.

Celente predicts that the world’s economic system is essentially bankrupt and can’t produce the gold, silver and even cash that it pretends to have; that the system is collapsing under the weight of its lies.  He predicts that the world’s governments will institute more war, probably with Iran and/or Syria and/or Israel, to distract the people’s attention from the mounting evidence of global, economic corruption.  Celente claims the system is “one big Ponzi scheme” on the verge of collapse.

Celente is a little hyperbolic, but if he’s correct–and I think he is–the only medium in which you’re likely to store your wealth and saving is gold or silver kept close at hand.

video

00:23:00

http://www.youtube.com/watch?v=-MrYmxuz0ik&eurl=http%3A%2F%2Frevolutionarypolitics.tv%2Fvideo%2FviewVideo.php%3Fvideo_id%3D16919%26title%3Dgerald-celente—the-crooks-make-the-laws&feature=player_embedded

 

Max Keiser: Gaddafi’s Stolen Billions; Bankers are Financial Terrorists

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According to Russia Today, “International bankers have reportedly wasted billions of dollars invested by Libyan leader Colonel Gaddafi. The Financial Times says giants like Goldman Sachs were dealing with the dictator’s investments when it needed to plug a hole during the economic crisis. Most of the money has been lost [read, "stolen"], but with what’s going on in Libya any repayment seems unlikely.”

Max Keiser implies that at least one reason (perhaps the reason) for invading Libya was to allow the global bankers to steal the Libyan “sovereign wealth fund” (which allegedly held billions of dollars).

Keiser is so freakin’ angry that he suggests that the only way to deal with the global bankers is behead them; that the only solution is a revolution by common people to overthrow the world’s banking system and most governments that support that system.

If Keiser is right, his information implies that Gaddafi was a fool.  It’s common knowledge that Gaddafi has been portrayed by the West to be some crazed villain for at least 20 or 30 years.  But there’s plenty of emerging evidence to show that Gaddafi has been “secretly” conspiring with western politicians for at least a decade.  Gaddafi was secretly providing intelligence to western powers concerning the Middle East.  Based on his secret efforts to assist the West, Gaddafi apparently thought he was one of the “insiders” who could play with the “big boys” (global bankers).  It turns out that he was just a mark all along; that the bankers had been setting him up for five years to be robbed and killed.  If Gaddafi hadn’t invested the billions of dollars in Libya’s sovereign wealth fund with global bankers, those bankers might not have been able to rob him, and might therefore have not incited the Libyan invasion.

There’s a lesson there for anyone who wants to associate with global bankers.  If the “big boys” invite you to dinner, don’t be surprised if you turn out to be the main course.

video   00:06:04

http://www.youtube.com/watch?v=YUkNnQE-9B4&feature=player_embedded

 

Max Keiser for Sec’y of Treasury!

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Wall Street banks wrap themselves in the flag and plunder the global economy.  A financial WWIII is on.

Max Keiser provides commentary that is both objective and passionate, insightful and impish.  Somebody ought to appoint him to be the US Secretary of the Treasury.

video   00:06:06

http://www.youtube.com/watch?feature=player_embedded&v=umJ6co__lz8

 

Peter Schiff: The World is (foolishly) Propping up the Dollar

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According to Schiff, the only things standing between the dollar and its complete collapse, are foreign countries who foolishly believe it’s in their interest to support the dollar.

The US dollar will necessarily return to a gold standard, but probably not under Obama.  Max Keiser suggests that a “remonitized” gold might be priced at $20,000 to $25,000 per ounce.

video

00:01:50

http://www.youtube.com/watch?v=G8ApIydfgbY&feature=player_embedded

 

Mark Faber: Bernanke is a Murderer

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Mark Faber is an internationally known entrepreneur and investment analyst.  His opinions on the economy and political system are often surprising and insightful.

Here’s a 00:03:37 video wherein Max Keiser quotes and comments on Mark Faber’s observation that Federal Reserve chairman Ben Bernanke has “murdered” the middle class.  Keiser offers a succint analysis of the adverse consequences of low interest rates for creditors and people living on fixed incomes.  Inflation and deficit spending are simply devices to enable the gov-co to confiscate wealth.

https://www.youtube.com/watch?v=oJzbmuXxMb0&feature=player_embedded#at=119

 

Cocaine Economy?

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Did Mexican drug cartels trigger the A.D. 2008 recession by withdrawing their laundered money from major U.S. banks?  Without access to drug money, did the banks become illiquid and trigger the recession?

Max Keiser says Yes.

The implications of the banking system’s (and the economy’s) dependence upon laundered drug money are fantastic.

Video 00:08:11

http://www.youtube.com/watch?v=hPGWc0eNfpE

Worth listening to more than once.

Here’s the orignal article from the UK Guardian:

http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs