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Washington Signals Dollar Deep Concerns by Paul Craig Roberts  5-20-13

“Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE).”

It’s Official: Gold is Now the Most Hated Asset Class by Pater Tenebrarum  5-20-13

“The banks have to protect a major franchise. It is a good bet that if gold had continued to rise in the face of money printing being accelerated all over the world, the inevitable loss of faith in central banks would have happened sooner rather than later.”

Club Fed: Where Fantasies Are a Way of Life by Thomas J. DiLorenzo

“The Fed’s central planners are hell bent on destroying all incentives to save because they are all Keynesian ideologues who believe in the Keynesian superstition that it is possible to consume without first working and producing income with which to purchase goods and services.”

Gold and Bitcoin: Currencies of the Future—James Turk Gold Report interview with James Turk

Is the dollar really strong? Measured against other currencies, maybe; measured against gold it has lost on average 16% per annum for the last 12 years.  Unlike gold, Bitcoins cannot be confiscated and they are outside the current government/bank controlled system.

Symptoms Don't Lie by Peter Schiff

“These symptoms are at odds with the widespread belief in an accelerating recovery that has resulted in braggadocio in Washington and euphoria on Wall Street.”

Bitcoin vs. Ben Bernanke by James Freeman, WSJ

“Could a virtual currency created by an anonymous Internet hacker someday replace the U.S. dollar?”

Mish Interview With "Bitcoin Jesus" by Mish

Mish interviews the owner of Bitcoin Store, which offers 500,000 electronic items for sale and accepts only bitcoins in payment.

“It isn’t capitalism that has caused the crisis!” by Lars Schall, Gold Switzerland

An interview with Austrian economist Thorsten Polleit.  “If people understand paper money as the root cause of the current problems, we would be a great deal nearer to a solution to these problems.”

JIM ROGERS: Like I Said, I Expect Gold To Go As Low As $1,200

by Mamta Badkar

Rogers gives four reasons why gold has dropped in price.

This Gold Slam is a Massive Wealth Transfer from Our Pockets to the Banks

by Chris Martenson

An explanation of how the biggest bullion banks drove down the price of gold.

Even the Money Printers Are Buying Gold by Graham Summers

“If inflation isn’t a problem, WHY ARE CENTRAL BANKS LOADING UP ON GOLD?”

A Tipping Point In The Financial System by Deviant Investor

Cyprus has made clear that the system is run by insiders for insiders at the expense of everyone else.

The Stockman Backlash by Peter Schiff  ARTICLE OF THE DAY 4-5-13

“A vitriolic and largely ad hominem backlash against Stockman quickly emerged from across the political spectrum.”

The Great Cyprus Bank Robbery by Ron Paul  ARTICLE OF THE DAY 4-1-13

“How long before bureaucrat and banker try that here?”

State-Wrecked: The Corruption of Capitalism in America by David Stockman

The Fed’s “flood of liquidity, instead of spurring banks to lend and corporations to spend, has stayed trapped in the canyons of Wall Street, where it is inflating yet another unsustainable bubble.”

The Great Super Fantastic Bank of Cyprus & Its Awards of Excellence by Chris Rossini

A list of awards that somehow didn’t add up to solvency. 

The Stimulus Trap by Peter Schiff

The Keynesian “stimulus trap” precludes a sustainable economic recovery.

Cyprus' problems must be country-specific by Bill Fleckenstein

But just in case, “Never show up late to the end of the party.”

Cyprus Lifts the Curtain by Peter Schiff  ARTICLE OF THE DAY, 2-21-2013

“The decision to inflict pain on both large and small depositors was almost universally described as a historic blunder. But the mistake was to do so in a manner that was not camouflaged by financial smoke and mirrors.”

A Forbes "Contributor" Exposes a Monetary Kook: Ludwig von Mises by Gary North

The contributor says a gold standard without gold will work, if only central banks could be trusted.  “But if central banks cannot be trusted in the absence of gold coin convertibility, then how can a sober, respectable fellow avoid joining the forces of all those Austrian School kooks?”

So what if all markets are manipulated? This is what by Chris Powell

Powell challenges the claim that central banks are transparent about their gold reserves. “Gold has gone up from $250 to $1,600 in the 13 or so years GATA has been complaining about market manipulation, [but] how fair is this when, in a free and transparent market, gold well might be priced at 10 times $1,600?”

Don’t Get Too Excited about the U.S. Probe of Gold Price Manipulation by James West

Gold & silver price manipulation is in the futures market, not the spot price. CFTC probe of latter is a mere PR stunt.

A Moment of Clarity by Theodore Butler

JPMorgan and silver price manipulation: CFTC (Commodity Futures Trading Commission) says Morgan too big to sue.

Conspiracy Theories vs. the Religion of Democracy by Gary North

ARTICLE OF THE DAY, 3-14-2013

“But what if the special-interest groups are only marginally motivated by money? What if their goal is power, which means the ability to shape what the vast majority of voters want to do, irrespective of their interests? Then democracy is an illusion, merely a convenient tool of deception manipulated by elites.”

Tenured Austrian Economists vs. Murray Rothbard by Gary North

“As soon as America's Great Depression was released, that was the end of [Rothbard’s] academic journal career.”

Fantasyland for policy-makers by Steve Saville

“Over the past three months, speculators have responded to a flood of new money by bidding-up prices where policy-makers want to see rising prices and not elsewhere. This has created the impression that a genuine economic recovery is in progress . . .”

Staring Armageddon in the Face But Hiding It With Official Lies by Paul Craig Roberts

ARTICLE OF THE DAY, 3-12-2013

Roberts dissects the official unemployment figures and inflation rate, and explains how the price of gold is held in check.  His gold cap explanation is flawed.

Dancing Into the Abyss, Against All Reason by Frank Suess ARTICLE OF THE DAY, 3-8-2013

Against all reason, “we have reached a new peak of positive investor sentiments.”

The International War on Cash by Joseph T. Salerno

Every transaction that goes through a bank is data for our overlords.

Gentlemen, Start Your Presses by John Browne

“In retrospect, events of the past few months illustrate a serious spread of Bernanke's policies across the entire developed world. I believe that we are headed for a period of massive asset booms, followed by a debt and bank collapse of unprecedented ferocity.”

Chairman Bernanke, Price Inflation is the Least of Your Problems by Michael Pollaro, Forbes

Bernanke said he doesn’t see “significant inflation pressures” as he pours on increases in the money supply.

Why Economists Believe That We Can Get Something for Nothing by Gary North

With the exception of the Austrians, all economists believe that digits created from nothing will produce real wealth.  

The Fed's Tightening Pipe Dream by Peter Schiff

There is no exit strategy.  The Fed will print as long as it can continue fudging CPI inflation.

Addicted to Asset Bubbles by Joseph Salerno

Is Ben Bernanke an admirer of Lawrence Welk?

The mystery behind the Bundesbank's gold by Alasdair Macleod, Charleston Voice

The seven-year delay tends to confirm suspicions that the gold is not there.

20 Signs That The U.S. Economy Is Heading For Big Trouble In The Months Ahead

ARTICLE OF THE DAY 2-22-13

by Economic Collapse Blog

“Sadly, most people do not appear to have learned any lessons from the crisis of 2008.  Americans continue to rack up staggering amounts of debt, and Wall Street is more reckless than ever.”

Reversal of Fortune: Why the Power Elite Will Lose Power ARTICLE OF THE DAY 2-20-13

by Gary North

“The power elite will blow it. Give them time.”

Krugman on Mises Monetary Mental Disorder by Robert Wenzel, EPJ

Krugman tries to justify the printing of money using a model in which there is no money.

The Great Gold Deception and Misdirection by Stewart Dougherty

“Those of you who have chosen to denominate some portion of your wealth in precious metals have not been intellectually wrong; you have just been cheated, at least for now.”

The Pound Gets Pounded by Peter Schiff

“The greenback, being the world's reserve currency, has always benefited from demand that is independent of its economic fundamentals. The euro benefits from the size of the euro zone and the legacy of German banking discipline. The pound enjoys no such privileges and as a result foreign central banks do not feel as pressured to prop it up.”

Recreating the Asset Bubble: The Fed’s Plan for Economic Recovery

by Joseph Salerno  ARTICLE OF THE DAY 2-15-13

“The Fed is deliberately aiming at recreating an asset bubble as a means of rekindling the historically unprecedented consumption booms of the latter half of the 1990s and the first part of last decade.”

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