fed

The current bubbles in financial assets — in equities and bonds of all grades and quality — raging in every major market across the globe are no accident.   They are a deliberate creation. The intentional results of policy.
Therefore, when they burst, we shouldn’t regard the resulting damage as some freak act of nature or other such outcome outside of our control. To reiterate, the carnage will be the very predictable result of some terribly shortsighted decision-making and defective logic.
Blame can and should be laid where it belongs: with the central banks.

Cameron Diaz

On this MUST WATCH interview of Sprott’s Ask the Expert, The Dollar Vigilante’s Jeff Berwick discusses Japan’s plans to double the Yen’s money supply in the next two years- a plan Berwick describes as “textbook hyperinflation“,  and how the Fed will OUTPRINT the Japanese, meaning nothing but inflation and hyperinflation is on the horizon for the US.
With half of the US population dependent on the US gov’t, Berwick states the coming collapse of the dollar will be unlike anything the world has ever seen as the US gov’t hyperinflates the dollar to unimaginable levels. 

Full interview is below: 

gold bull
Play

Jay Taylor joins Eric Dubin & The Doc this week for a power-packed show discussing: 

  • Jay compares where the current gold & silver bull market is at, and advised investors that: In 1980 we had a massive stampede- a mania in gold.  We haven’t seen anything like that yet!
  • Endless happy days, a deflationary Greatest Depression, or a hyperinflationary collapse- whats coming for the US in the next 3 years? 
  • With gold crushed yet again on the Fed minutes’ release, Jay explains why the Fed’s con artistry is to keep people disinterested in gold with routine horrendous smackdowns 
  • Why Taylor believes the next leg up will be bigger than the 1970′s bull market, and will be the biggest percentage move in gold EVER!
  • Jay digs into Austrian economics discussing exactly how we’ve left the gold standard for a PhD standard, and explains why fiat money allows those who control the system to steal from those who create the wealth

The SD Weekly Metals & Markets With The Doc, Eric Dubin, & Jay Taylor is below: 

drift

Gold drifted lower this week, with the price undermined by lack of interest on low volume and a slightly more hawkish tone in the FOMC minutes released on Wednesday.
The chart below, of gold and open interest on Comex, shows how the price has declined while open interest has hardly budged from its historically low level.

Ron PaulA run on gold from foreign countries repatriating their dollars made it clear that there was a lack of faith in Nixon’s Keynesian policies.
To stop this, Nixon refused to allow these transactions by closing the gold window, ushering in 43 years of a fiat Dollar standard. The world has suffered the consequences ever since.
Do you think we would be better off if Nixon hadn’t nixed the convertibility of the U.S. dollar into gold?
In the MUST WATCH video below, Ron Paul dissects Nixon closing the gold window: A Day That Lives in Infamy: 

DimonThe foundation of the Federal Reserve was necessary for the Anglo-American power led by the Rothschilds and Rockefellers to not only consolidate power over the growing United States, but also for the eventual domination of the world.  
Without the power of this privately owned central-bank that was slipped through Congress just before Christmas in 1913, so much of the evil we see in the world today simply would not exist.  
Now we will see the summer of the Bankster, as they manipulate humanity into global war and slavery
Spreading Debt & Death- the Rise & Fall of the Bankster mini-doc is below: 

Size comparison:  silver pyramid and the great pyramid of EgyptGlobal annual silver production is approximately 820,000,000 ounces or a bit more than 25,000 metric tons.  What does that mean in terms that we can more easily understand?
If the global annual mine production of silver were cast into one large silver pyramid, it would be approximately – wait for it – only 65 feet high on a base of only 65 feet square.  Rather tiny!  For future reference, this is one “silver pyramid.”
The Federal Reserve was conjuring up enough dollars for QE to buy the equivalent of one silver pyramid every 6 days in the Bernanke era.
In that context silver seems inexpensive and dollars seem overvalued.
The US military spends the equivalent of one silver pyramid about every 8 days and the official US national debt increases by one silver pyramid every 7 days.  Borrowing and “printing” this many dollars cannot continue forever.  Silver and gold will remain valuable long after the dollar has been inflated to near worthlessness.

The stage is set for what should be an interesting match-up to follow here in coming months and years.
Jim Rickards predicts an eventual systemic crisis that will be worse the the 2008 systemic crisis.
The US Fed projects that we are coming into a recovery (even if a slow one) and that they see stability and continued improvement ahead.  
Someone has to be wrong.  We will watch it here.  
In his latest interview, Jim Rickards takes dead aim at the Fed.
Get your popcorn.

The EndIn this MUST WATCH interview with Alex Jones, former Presidential candidate Ron Paul warns that  “The Federal Reserve’s global hegemony is crumbling.  The lines are being drawn by the new BRICS banks, and we as a people need to prepare for the coming banking collapse.”
We’re closer to that point where there may be a precipitous fall (in the dollar).  The dollar has already lost 99% of its value, what if you lose the rest of it or 100%- that’s a big deal.  If you look at all the currency destructions around the world, the end stages go rapidly.” 

Paul’s full interview is below: 

Gold has been banished from everyday use, and can only be hoarded unproductively.   Gold is going into hiding. 
This is not the first time gold has gone into hiding; gold went into hiding in the days of the collapse of the Roman Empire of the West.
It is going into hiding again, in the present slow-motion financial collapse of the world.
The price of gold will enter a rising trend, no matter how violent the official interventions to control its price, because at the present low prices it will be impossible for the gold market to satisfy demand for gold from a largely silent minority of mankind that wants to own gold.   When this happens, we can expect the criminalization of gold ownership, at least in some quarters of the world.
Gold today has really only one enemy: the Federal Reserve of the US.
I bid you welcome to The New Dark Age.

fedPeople who were sitting on the board of the NY Fed, were directing some of these bailout funds directly to their own banks in a blatant, absolutely undeniable conflict of interest that again represent the very heart of this system: it is a system run and operated by bankers, for bankers, and in which bankers tend to do very well, while the rest of the country MELTS DOWN.

Jim GrantIn this MUST WATCH interview with CNBC, the Interest Rate Observer’s Jim Grant explains why the 2 greatest opportunities for investors right now are Russia & gold. 
Gold, to me is 
a very sound inoculation against the harebrained doctrine of modern central bankers.  If you harbor doubts about the efficacy as do I of five years of monetary printing via quantitative easing & suppressed interest rates, and wonder how this unprecedented experiment is going to pan out, you can do worse for yourself than to hedge (with gold) from an unscripted monetary outcome.”  

Grant concludes that investors should own gold because:  “
It stands to benefit from the demonstrated, as opposed the theoretically likely, crack up of the current monetary arrangements.”
Grant’s full interview on opportunities in Russia & Gold is below: 

Dr Ron Paul, the popular Presidential candidate and America and the world’s most popular libertarian voice, told CNBC yesterday that he “still believes in gold” and that “gold could go to infinity.”
Paul informed the MSM host why the long term case for gold remains intact (while Jackie DeAngelis stated gold’s 8% performance year to date is disappointing):
“Timing is the only thing.   I remember watching gold when it was 35 dollars an ounce and we thought if it ever hit a hundred dollars, the world would come to an end.   And then a thousand dollars, so; no, it’s good as long as we continues to do this [print money] , you know, it could go to infinity because when people just leave the dollar, who knows what.” 

Bernanke-Dimon-Fed-TunnelOne of the keys we watch here along with the US dollar is the price and movement of gold.
If you do any research on gold at all, you will quickly discover that there is a commonly held view that Central Banks hate gold and think of it as a useless asset that does not earn interest.
As usual, if you dig a little deeper and do more research you discover a different story.