Zerohedge spots this bit on demand for gold, by Reuters.
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Link to Post: The Future of Money
Here is a thoughtful blog post on the future of money at concen.org
Smart card or cell phone. Does it matter?
Private currencies.
And of course a bit about Fed Res evils.
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Smart card or cell phone. Does it matter?
Private currencies.
And of course a bit about Fed Res evils.
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Link to Post: Money, What Should It Be?
Honest Money Looks at free gold and some of its real world analogs. I tend to think that FreeGold being a sovereign creation limits it somewhat. I believe a non-sovereign monetary system deserves consideration as well, but it is foregone here.
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Link to Post: Finally Sinking In?
DollarCollapse has this bit on the collapse of the dollar (and Greece), of course, of course...
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Link to Post: No Jobs From Small Business
Zerohedge spots this piece about why not to expect small business growth or jobs growth in the US.
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Link to Post: Now THAT Is Interesting
Washington's blog has this rather important bit about Bob Graham, co-chair of the 911 inquiry, saying the US government is and has been covering up 9/11 for the House of Saud who needed the event to maintain their existence, said to the Daily Beast. So basically what everyone knows is finally being acknowledged by members of the US government. I won't hold my breath for prompt resolution, revolution takes time and understanding.
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Link to Post: Sheila Bair
Naked Capitalism has some great Bair quotes and analysis. Here's the best quote.
"They would bring me in after they’d made their decision on what needed to be done, and without giving me any information they would say, ‘You have to do this or the system will go down.’ If I heard that once, I heard it a thousand times. ‘Citi is systemic, you have to do this.’ No analysis, no meaningful discussion."
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"They would bring me in after they’d made their decision on what needed to be done, and without giving me any information they would say, ‘You have to do this or the system will go down.’ If I heard that once, I heard it a thousand times. ‘Citi is systemic, you have to do this.’ No analysis, no meaningful discussion."
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Link to Post: China's Currency
Fiat? Yep.
High likelihood that they have used loose internal currency issuance to encourage growth while excluding outsiders from interacting with their currency system? Yep.
I have personally been to China and heard that this is the case? Yep.
This is the same as the US debt problems? Not even close, there are similarities, but the systems themselves are very different is scale, scope, function, and in their relationships to each other.
NakedEmpire covers some of this idea in a posting.
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High likelihood that they have used loose internal currency issuance to encourage growth while excluding outsiders from interacting with their currency system? Yep.
I have personally been to China and heard that this is the case? Yep.
This is the same as the US debt problems? Not even close, there are similarities, but the systems themselves are very different is scale, scope, function, and in their relationships to each other.
NakedEmpire covers some of this idea in a posting.
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Link to Video: Peter Schiff on Euro Discontent
DollarCollapse spots this video of rioting in Greece. It is a FOX clip so watch or not at your own discretion. He does a good job of explaining interest rates and debt payments, but not a whole lot else.
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Link to Post: Euro and FreeGold vs Dollar
Ye Olde Blogge writes about the practical nature of freegold. Hint: The ECB has been selling a lot of gold.
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LINK TO CHARTS
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LINK TO CHARTS
Link to Post: Unemployment
I figure with everyone doing an unemployment link or article today, I would do one of my rare links to Alex Jones at Prison Planet, he's got some good numbers for this one.
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Link to Post: Why a Second Crash is Already Baked In
Other than the shrinking energy per person, there are some factors out there which also indicate a second market crash. Nake Empire spots this from Market Watch.
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Link to Post: Malaysian Rioting
Naked Empire spots this video of rioting in Malaysia.
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And more of the same riot from youtube.
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And more of the same riot from youtube.
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Link to Post: Food
Market Oracle says put grain, salt, beans, and rice in buckets with oxygen and moisture absorbers. I wonder what that says about money. (i paraphrase a little bit there...use 5 gallon buckets and mylar.)
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The WilliamBanzai7 Blog
I added The WilliamBanzai7 Blog to my many home pages that firefox loads. Modern art, and I like it, very nice, like Gogol Bordello. Also topical to moneatry collapse, 90% of the time at least. Check it out:
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Link to Post: Eric Sprott - Paper Markets Are A Joke: Prepare for Bullion Prices to Go Supernova
Zerohedge leads me to Chris Masterson posting on Eric Sprott's comment which preaches as I do that paper PM is a sham, and that the value of physical will increase greatly as this becomes clear to everyone.
LINK TO PORT
LINK TO PORT
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