Tag: trust crisis

Hiding Economic Misery and Distracting the Masses with Entertainment

| January 27, 2015 | Category: Economy
Hiding Economic Misery and Distracting the Masses with Entertainment

Government employment statistics distort the true human misery of 102 million out of work – 43 million men and 59 million women over age 16 – who cannot provide for themselves or their families without assistance. Among those who have work, a recent government survey found 57% of all Americans have less than $500 in savings, with 62% living paycheck to paycheck. To keep me calm about these modern evils, I’m invited to mingle with a cheering crowd. The tricky part is convincing me my opinion actually matters, just as citizens in Roman coliseums were invited to recommend thumbs up or thumbs down. They have found for me the perfect circus.

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Loss Of Confidence Over The Last 40 Years, aka The Trust Bear

Loss Of Confidence Over The Last 40 Years, aka The Trust Bear

Expect more spending, debt, wars, and price inflation. Expect higher food and energy costs, a devalued dollar, and less confidence in governments and paper currencies. Expect more stock market crashes, corrections, booms, and blow-offs. Expect more “happy-talk” from politicians and financial TV while most of the US, Europe and Japan suffers through what appears to be an on-going depression. Expect long-term economic safety with gold and silver, perhaps ONLY with gold and silver.

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Prospects For Gold And Silver Prices From A Russian Point Of View

Prospects For Gold And Silver Prices From A Russian Point Of View

More rubles, some yuan, maybe even some gold. Totally absent is the use of the dollar as the disappearing world reserve currency. Putin is taking his job of running a country seriously and responsibly.

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US Treasury Gold – Is It There?

US Treasury Gold – Is It There?

How much physical gold do you have? How much do you want when you contemplate nearly $17,000,000,000,000 in official US government debt, another $100 – $200 Trillion in unfunded liabilities, and nothing backing that unbelievable amount of debt except the “full faith and credit” of what is clearly a government that won’t balance a budget and must resort to printing dollars to pay its bills?

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IMF Admits Lying About Greek Debt Crisis

IMF Admits Lying About Greek Debt Crisis

It is a fact that the IMF and troika prefer to lie and have innocent people literally suffer just to pretend that the banking system in the Eurozone is all right. This news only confirms what we have been advocating for a long time. The debt crisis is much worse than most of us believe. It is very likely that we have reached a systemic tipping point in the debt and credit based economic model.

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Indian Government Desperately Tries To Discourage Gold Demand

Indian Government Desperately Tries To Discourage Gold Demand

In an attempt to save their local currency and control the current account deficit India is imposing measures to control gold demand and trade. The first measure which was announced earlier this week imposes a ban on bank credit for gold imports the Reserve Bank Of India. Today, India announces an increase of the import duty.

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Know Your Customer Should Be Replaced With Know Your Bank

Know Your Customer Should Be Replaced With Know Your Bank

Instead of being suckered into holding intrinsically worthless paper assets, a more intelligent and well-informed response favours increasing one’s personal stockpile of physical precious metals. In addition, it is important to keep some of your assets out of the main stream banking system. Not only should you accumulate gold and silver you should also open an offshore bank account.

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This Artificial World Will Lead To Gold’s Revaluation

| January 30, 2013 | Articles: Insights

We are living in a world in which definitions of things are completely destroyed. The inevitable unmasking of today’s artificial world will lead to increased transparency on a large scale and an appreciation of gold.

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The Fine Line Between Truth And Lie

| January 18, 2013 | Articles: Insights

We are all molded by the information kit we are fed as we grow up and as we grow old. And, unless we actively take the effort and find the energy to question all the commonly shared ‘truisms’ – the spoon-fed facts of others, the things that “everyone knows” and that all take for granted – we stand to be easy prey for those in possession of the means for mass propaganda.

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Peter Schiff Reveals CPI Propaganda By Calculating Real Price Inflation

| January 16, 2013 | Articles: General
Peter Schiff Reveals CPI Propaganda By Calculating Real Price Inflation

Peter Schiff explains how the official price inflation measurement is not reflecting the daily reality. Our intuition already knew this but now it has also been proven statistically. Between 1970 and 1980 the officially reported CPI rose a whopping 112%, and prices of the anlayzed basket of goods and services rose by 117%, just a 4% faster than the CPI. In contrast between 2002 and 2012 the CPI rose just 27.5%. But the basket much faster, accounting for a 62% difference!

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