Day: May 28, 2015

$60,000 Gold May Be Laughably Low [Video]

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ChinaGreg Hunter – Recent Bloomberg analysis says if China backed its currency with gold, the price would need to be 50 times higher than it is today.  According to Bloomberg, that would be a gold price of around $64,000 per ounce, which is much more than gold expert Jim Sinclair predicted a few years ago.

Financial writer Bill Holter weighs in, “That was a few years ago, before some of the QE, and Jim has said that $50,000 gold may turn out to be laughably low. . . . I think it is very curious that Bloomberg would run this because Bloomberg is as mainstream Wall Street as you are going to get. . . . It would be my guess that Bloomberg has some type of information that China is going to announce their holdings.  I can show you that China has 10,000 tons of gold.  That’s pretty easy to do.  I use the figure of 10,000 tons, and oddly enough, that is the figure that Bloomberg used.”

[youtube=http://youtu.be/A6lQ873v1yk] Continue reading →

Suicidal Credit-Based Money System

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debtGary Christenson – Bill Bonner wrote a hypothetical college graduation speech which he did not present.  What he would have said included:

“You are heirs to claptrap, nonsense, bogus theories, and trillions of dollars in debt. 

The systems, programs, and institutions your parents set up are mostly worthless scams. Worse, they produce outcomes contrary to their stated goals.

Welfare programs do not help people escape poverty; they keep them mired in it.

Health care programs do not make them healthy; they make them dependent on the drug industry.

Defense industry spending doesn’t make us safer; it funds drones, bumbling interventions, and assassinations… and it creates more foreign enemies.

We end up not only poorer, but also less secure.”

 “You need to stop your parent’s suicidal credit-based money system.”

 “Well, the system is corrupt and self-destructive.  It works only by increasing the amount of debt in the society – including student debt.” 

 We add a few more points in the same spirit as Mr. Bonner: Continue reading →

The Vaccine Racket

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Amazing infographic reveals financial connections behind criminally-run vaccine industry

infographicMike Adams – [May 27 2015] we are officially releasing our Vaccine Racket Infographic which details the financial connections behind the criminally-run vaccine industry. (Tweet #VaccineRacket)

Click here for a full-sized version of the infographic.

The infographic documents the nefarious players of the vaccine industry: the mainstream media, the CDC, deceitful vaccine propagandists like Paul Offit, the secretive vaccine court, the cover-up of vaccine-injured children, mainstream media propaganda that programs the public to worship vaccines, and much more.

I first sketched out this Vaccine Racket Infographic after observing the behavior of all the key players in the contrived Disneyland measles outbreak, which was used as a public panic springboard to launch a series of government-enforced vaccine mandate legislation efforts across the country. Every player in the vaccine racket played its role in that “medical theater” episode, displaying uncanny coordination and a well-funded ability to gin up the kind of fear mongering that’s only pursued when corporate profits are at stake.

Here’s a scaled-down edition of the infographic. Click it to view a larger image: Continue reading →

The Likely Cause of Addiction Has Been Discovered – It’s Not What You Think

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 Johann Hari – It is now one hundred years since drugs were first banned, and all through this long century of waging war on drugs, we have been told a story about addiction by our teachers and by our governments. This story is so deeply ingrained in our minds that we take it for granted. It seems obvious. It seems manifestly true. Until I set off three and a half years ago on a 30,000-mile journey for my new book, Chasing The Scream: The First And Last Days of the War on Drugs, to figure out what is really driving the drug war, I believed it too. But what I learned on the road is that almost everything we have been told about addiction is wrong, and there is a very different story waiting for us, if only we are ready to hear it.

addictionIf we truly absorb this new story, we will have to change a lot more than the drug war. We will have to change ourselves.

I learned it from an extraordinary mixture of people I met on my travels. From the surviving friends of Billie Holiday, who helped me to learn how the founder of the war on drugs stalked and helped to kill her. From a Jewish doctor who was smuggled out of the Budapest ghetto as a baby, only to unlock the secrets of addiction as a grown man. From a transsexual crack dealer in Brooklyn who was conceived when his mother, a crack-addict, was raped by his father, an NYPD officer. From a man who was kept at the bottom of a well for two years by a torturing dictatorship, only to emerge to be elected President of Uruguay and to begin the last days of the war on drugs.

I had a quite personal reason to set out for these answers. One of my earliest memories as a kid is trying to wake up one of my relatives, and not being able to. Ever since then, I have been turning over the essential mystery of addiction in my mind — what causes some people to become fixated on a drug or a behavior until they can’t stop? How do we help those people to come back to us? As I got older, another of my close relatives developed a cocaine addiction, and I fell into a relationship with a heroin addict. I guess addiction felt like home to me.

If you had asked me what causes drug addiction at the start, I would have looked at you as if you were an idiot, and said: “Drugs. Duh.” It’s not difficult to grasp. I thought I had seen it in my own life. We can all explain it. Imagine if you and I and the next twenty people to pass us on the street take a really potent drug for twenty days. There are strong chemical hooks in these drugs, so if we stopped on day twenty-one, our bodies would need the chemical. We would have a ferocious craving. We would be addicted. That’s what addiction means. Continue reading →

The Coming Capital Controls Are Designed To Protect The Banks From You

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cashSimon Black – Of all the peculiarities about human nature, one of the most interesting in my opinion is that we’re so resistant to change.

Humans simply don’t deal with it well. We tend to root. We find comfort in familiarity.

And, even when the familiar becomes unpleasant, we still put up with it. We prefer to suffer through something that we know rather than change things and risk the unknown.

This is why people stay in bad relationships. Or why they continue working for bosses they dislike at jobs they despise. It’s the fear of change.

But everyone… absolutely everyone… has a breaking point. It’s a point where the status quo becomes so uncomfortable, so painful, that we snap. And walk away.

It’s the same in finance. People stick with what they know, even if they have to endure a little pain and suffering.

Today’s current banking environment is the perfect example. In the US, interest rates for most bank accounts are so low that they fail to keep up with inflation.

You are doing very well if you can generate a whopping 0.5% interest. In Canada rates can be a bit higher.

But when you compare these rates to even the official rates of inflation, it’s clear that savers are guaranteed to lose money.

In Europe it’s even worse. Interest rates at many banks are negative… so savers are actually paying the banks. In theory there’s nothing wrong with paying your banker, presuming that they’re providing a real service.

Continue reading →