Link to "Hopelessly Devoted"

IceCap Asset Management Ltd. has expectations of money printing and inflation.  LINK

LINK to "How Central Banks Use ETFs to Keep Gold Down"

GATA has this to say about central bank manipulation of PM.  LINK

Link to Post: The Revolution in Iceland Today!

An Update on Iceland, from NewsNetScotland via NakedEmpire, always worth checking up on:

LINK TO POST

Bitcoins and Ripple Pay

Here's a bit of modern monetary revolution/evolution for you all.  Bitcoins, an internet currency.  I have seen a few stories on this in the past, but it seems like it has become a major means of exchange and it's wildly different methodology deserves a closer examination (more so than I'm going to give it here, I need to do some more reading).  I am still on a Ripple Pay mailing list and have seen some similar ideas put forward.  Essentially the idea is that everyone is their own bank who create their own currency and have their own trust relationships which link them into various networks for the purpose of exchanges.  These exchanges give the currency its value.  Bitcoins seem similiar, except the currency is not individually issued, rather it is algorithm limited and created independently of the users.  Bitcoins and Ripple Pay both allow for some level of anonymity.  Bitcoins is much farther along in its practical implementation, actually being used in a large number of exchanges of significant value (energy).

Ripple Pay and Bitcoins are definitely ideas any self respecting monetary revolutionist should investigate.

Here are a couple recent stories:

"The Currency That's Up 200,000%" -smartmoney.com

Silk Road -disinfo.com (the drugs angle is about as far as most media outlets go when covering bitcoins)

The first google return for "bitcoins" tells you how to use your browser to go get some, mind you though that "mining" for bitcoins should probably not be undertaken lightly.

As a matter of fact, go look at the google returns for "bitcoin."  It is pretty wild to see so much interest in this, bottlenecks encourage evolution I guess.

The Bitcoin Wiki is full of all sorts of interesting info.

Link to Post: Fuel Meet Fire

"China propose to cut two thirds of its 3 trillion usd holdings"

No explanation should be required.

Link to Post: Deflation or Hyperinflation

FOFOA continues his debate/education of Rick from Rick's Picks question of "why not deflation?"  This is a large very comprehensive post.  You should try to read it all.  It is also a very good overview of the many forces at work under the surfaces of monetary opacity.  He comes to the same conclusion about our monetary system that I have: Hyperinflation.

LINK TO POST