Monthly Archives: July 2011

A Visualisation of the U.S. National Debt

Posted on July 22, 2011 by

This sort of thing has been done before, though just for a measly trillion. However, this new treatment seems to bring it home a little more, as it explores the $15 trillion U.S Treasury debt (pictured above), combined with the … Continue reading →

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The Watchwords of the EU: Print. Lie. Borrow. Deceive. Deny.

Posted on July 21, 2011 by

Tyler Durden, of Zero Hedge, finds that a guest poster, Simon Black, is unimpressed by the elite’s noises from Brussels: “Print. Lie. Borrow. Deceive. Deny. These are a the principal tenants of the Greek restructuring plan that were released today … Continue reading →

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Keiser Report: Ideas for Revolution

Posted on July 21, 2011 by

Max Keiser and Stacy Herbert kick off their latest show with an interesting discussion about who owns the copyright on a photo of an Indonesian monkey; Stephan Kinsella might want to put a picture of this celebrated monkey on the … Continue reading →

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James Grant: U.S. Debt Crisis Is Contrived

Posted on July 21, 2011 by

An interesting video with bespectacled polymath, James Grant, of Grant’s Interest Rate Observer. Watch out for the following quote on the return of gold to the monetary system, when we go forward into the future, despite the wishes of the … Continue reading →

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Marc Faber: Ben Bernanke doesn’t understand international economics

Posted on July 21, 2011 by

In the longest Marc Faber interview I have ever heard (53 minutes), on the Financial Sense Newshour, the colossally intelligent Doctor ranges across the entire world going backwards in time back to the 1960s and forward into the future to … Continue reading →

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John Embry: “Hyperinflation Here We Come….High Triple Digit Silver” & More

Posted on July 21, 2011 by

Another interesting interview from King World News, in which Sprott Asset Management’s John Embry covers: Bernanke’s statement that gold is not money (despite the US constitution’s insistence that only gold and silver can be money) Why debt will bring down … Continue reading →

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Detlev Schlichter: The world financial system is skating on thin ice

Posted on July 20, 2011 by

Another great article by Detlev Schlichter, on Paper Money Collapse. Here’s a quote: “The problem is not that he is evil or dumb – I think he [Ben Bernanke] is neither – the problem is much bigger. Evil and dumb … Continue reading →

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Keiser Report: Debts & Ratings Theater

Posted on July 20, 2011 by

After a few days in which he has been throwing around the ‘AGW Denier’ insult, based upon the original ‘Holocaust Denier’ insult, to thus alienate many of the people who would otherwise support him, Max Keiser is back on form … Continue reading →

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James Turk: “Expect a Tidal Wave of Buying & Short Covering in Gold” & More

Posted on July 20, 2011 by

Mr James Turk thinks the gold price is easily on course to hit his target of $2,000 dollars an ounce by the end of the year. All the fundamentals are in alignment. Is he an astrologer or is he talking … Continue reading →

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Bread and Circuses

Posted on July 19, 2011 by

I hate to detract from the entertainment today, of Rupert Murdoch being ritually humiliated in the House of Commons today, but I only want to ask one question. Why is it that Rupert Murdoch – one of the world’s most … Continue reading →

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