miners rumble

It looks like after a long 3-yr drought, we may be in the early stages of a MONSTER MOVE in the junior mining shares.
It’s time to start picking your favorite stock plays.  Of course, there’s always the possibility that heavy intervention “mysteriously” tries to prevent a move, but right now the odds are in the favor of a big move.
In my opinion, It’s time to start buying into these stocks.  I expect some of the high-quality exploration stocks and emerging producers will move up several multiples from their current prices.

Image: Jonny O'Callaghan

“Everyone in the country was in shock.   People’s net worth had devalued more than 53% overnight.”

Looking back, it was so obvious.  But most people ignored the warning signs following the government’s reassurances that all would be well… It’s human nature to want to believe that everything is going to be OK.
Are we so different today?
Looking back, it’s all going to seem so obvious.   If a major, global currency crisis hits within the next 12-months, people will think, “How did I not see that coming?

Unfortunately by then it will be too late.


Before I get into the meat of this post, I want to make a few things clear.
First, the brutal beheading of anyone is barbaric, unacceptable and tragic beyond description. Second, this piece is in no way intended to cause any harm or pain to the Foley family. Third, I don’t have any proof that James Foley was involved in covert intelligence work for the U.S. government.
All that being said, I do think it is important people understand James Foley worked under USAID in Iraq only three years before he was abducted in Syria.  As such, I believe the question as to whether or not he was more than just a journalist is a reasonable one to ask.

We’ve all heard about the private prison industry by now.   An idea so insane and so rampant with perverse incentives that no civilized society would ever allow such a concept to take hold. Yet taken hold it has in the Banana Republic formally known as America.
Naturally, a society that embraces private prisons would also embrace the privatization of all sorts of other things that have no business being privatized due to perverse incentives.  One such example with which I was unfamiliar until today are private probation companies.  These companies are seemingly vested with the power to threaten jail in order to collect payments. Additionally, constitutionally protected rights that were previously free are now being charged to those mired in the “justice” system- including Washington state which now goes so far as to charge individuals a fee for a jury trial. 

gold market tipping

The United States, and every country, is subject to a monetary authority and legal tender laws. Here in the U.S. we have the Federal Reserve, a central bank that plans money and credit. The Fed thought they had perfected their planning (but of course it cannot be perfected). They thought they had ended the boom and bust cycle, and brought us into a brave new era, their so-called great moderation that ended in 2008.   All they really did was manage the banking system to the brink of insolvency.
Although there are other factors that contribute to this dismal reality including minimum wage and labor law, taxes, environmentalism, subsidies for crony companies, and regulations, the artificially enhanced credit gradient deserves the lion’s share of the blame:


Japan, Belgium, Luxembourg, Ireland, Norway, & Cayman Islands fill the Treasury breach with purchases of $527 billion (July til years end) .  Interestingly, none of these nations likely had the foreign exchange reserves to make these purchases?!?  Seems fair to say these nations were used as fronts for some other entity doing the purchasing.
Central Banks have taken ownership of the sovereign bond markets. 
China and Russia (and BRICS in general) have and will continue to abandon the dollar-centric system and their lack of participation will be papered over by central bankers.
Treasury buying through false front nations which themselves have no reserves with which to purchase the US Treasury debt will likely only accelerate.  This centralized command of sovereign bond markets (and its yield mechanisms from which all other assets are derived) has mispriced all asset classes.
The central bankers have created a hall of mirrors distorting all we see and the benefits of these distortions are flowing to an ever smaller minority at a growing cost for the vast majority.


The hypocrisy is endless. Counter-intuition is the norm. Observing financial markets requires a mirror image interpretation in an economic fun house.
Take Warren Buffet, for example. The darling of modern finance in a ten thousand dollar crumpled suit, he exemplifies every traders dream of beating the markets – buying low, selling high, and at the same time all that is frugal.
He remains a legend and a fervent “non-believer” in gold, though he was once a silver investor before the government called him out.
Jim Rickards has made it a part of his interview road show to point out that Warren Buffet is actually dumping dollars in a big way.
By his last two major acquisitions, Buffet is heavily invested in energy and transport.
Meanwhile, Buffet talks down gold as a way of protecting his interests and to bide time before everything falls apart.


The relationship between those who are constantly watched and tracked, and those who watch and track them, is the relationship between masters and slaves.
In the Video of the Day below, award winning journalist Chris Hedges discusses the importance of overthrowing the corporate fascist state. 


For many people, where we are born has a tremendous impact on our lives.  For example, being born in certain countries might mean that we are obliged to serve in the military, or go fight and die in some foreign war.
In others, it might mean that we are required to pay taxes on our worldwide income, even if we don’t even set foot in that country.
These are obligations that people don’t sign up for. We are born into them, by pure accident.  No one has control over where he/she was born.
But if you’re a soon-to-be parent, you do have total control over this decision.
And it’s an important one, because your child will go his/her entire lives affected by the costs and benefits of it.
For the 100+ million babies born each year, I expect most parents don’t give a single thought to –where- their children should be born.
But just imagine—if you pick the right country, you could set your child up for an entire lifetime of benefit.
In certain countries, being born there entitles your child to citizenship (and a second passport), something that will give him/her tremendous options, freedom, and flexibility for his/her entire life.
Here are a few examples to consider:


Jim Willie joined TFMetalsReport this weekend for a special holiday podcast.   In this excellent report from the Hat Trick Letter editor, Willie discusses:

  • This week’s announcement by Gazprom that they will begin accepting payment in rubles and yuan
  • The escalation of US and EU sanctions against Russia and how they are failing/backfiring
  • Willie explains the US’ motives for provoking Russia via Ukraine: To entice Russia to prematurely move to place the Ruble into a reserve currency status, and ultimately, to blame Putin/Russia for the coming US dollar collapse!
  • The growing isolation of the US as a economic superpower
  • The eventual emergence of a new global currency regime & collapse of the dollar

60 full MUST LISTEN minutes of Pure Golden Jackass are below:

silver maple sales

In a surprising update, Canadian Silver Maple Leaf sales for the first half of 2014 surpassed sales during the same period last year According to the Royal Canadian Mint’s Q2 2014 Report, just released, sales of Silver Maples hit a new record of 15.4 million ounces in the first half of the year.
In the first half of 2014, combined U.S. Silver Eagle and Canadian Maple Leaf sales hit a new record of 39.5 million ounces Even though this is only up slightly higher at an additional 500,000 oz compared to 39 million in 1H 2013, it is still positive growth while Gold Eagle and Gold Maple sales are down a staggering 54%.

economic dollar collapse

It appears Wall Street fantasy has combined with Hollywood realism to produce an escalating melodrama of otherworldly fictional distortions on a genuinely dystopian Earth.
When it comes to orchestrating an elaborate hoax to conceal mass extinction of humanity,  expect the extraordinary.  Expect the unexpected.  Expect something you will likely be overwhelmed by.  Something you have never conceived in your own mind.
Beware that 911 was a coded declaration of war against the people.  The central and primary weapon has already been declared and has been fully activated.   The war is deception.


The following story is a warning as to why centralized power is so dangerous.  It doesn’t matter whether the power is political or corporate, overly centralized power in all forms must be resisted whenever it appears.
The worst of all worlds is when centralized political and corporate power unite in an unholy alliance, which is what has happened to America in recent decades.
The primary problem with centralized power is that sociopaths (for obvious reasons) gravitate toward, and greatly covet, positions of power.
When this occurs, the combined forces of oligarchy simply begin to rapaciously feast on the citizenry with zero accountability. This is a fair description of the United States in 2014.
Enter Timothy DeFoggi, the one-time cybersecurity director of the U.S. Department of Health and Human Services, who received several awards for his government “service” over the years.  The self-proclaimed man of “many perversions,” frequented a child porn site called PedoBook where he “exchanged private messages with other members expressing interest in raping, beating and murdering infants and toddlers.”