Al Queda doesn't exist

its a name for a CIA database containing the names of the Mujahadeen trained by the Americans to fight Russia.

People need to wake up

As true then as it is now

Its so true that the people are not ready to leave the matrix as is evidenced by the lack of anger over all the bank bailouts.

Most people obviously enjoy being debt slaves which we are of course.
The Matrix is collapsing though and Silver is its Achilles heal as is the impossible maths behind it.
Debt cannot continue to grow forever therefore it won't.
I believe we are very close to the tipping point. The situation in Japan, the debt situation in Greece and much of the PIIGS and of course the constant monetization of debt (ie money printing)   in the US may be enough to tip us over.

The Truth about the IMF

I think Peter Schiff has been one of the most accurate of all the  economic commentators so far

One the best analysis of the current economic situation yet

Most people seem to have their head in the sand when it comes to the economic collapse surely coming
Note what Reggie says, Greece and many of the PIIGS will default but will China or the US collapse first?

MUST SEE VIDEO : If you want to know how the world really works

Check what he says in this series
Saddam was a CIA asset much like BinLaden

MONEY is DEBT and DEBT is MONEY

Look How Far We Have Come…

By Silver Shield, on May 14th, 2011

The Most Beautiful Silver Coin

I was just thinking about how far we have come in the silver market since I jumped head first in 2005. When I first got into silver, the country was in love with real estate. I saw former car salesmen that could close a paper bag all of the sudden making a quarter million doing mortgages. Money/debt was flowing and times were really good. I questioned what caused these good times and the answer scared me.

I learned that money was debt and debt was money.

more

More Bullish news for the stock market: Technical DEFAULT of the US UNDERWAY

us to raid pensions

Full meltdown at fukushima right after earthquake:

from washingtons blog

What a disgrace. Even the Russians during Chernobyl were more transparent and why am I reading this on a blog and not the MSM? Could it be that General Electric built the reactors and also own many MSM networks?
I wonder. Of course I'm sure this development will be good for the stock market and Keynesian clowns.

TO all of those who doubt silver after last weeks RAID

fundamentals are still as strong as ever. BTFD.

Take this as a gift of a buying opportunity

Inflation versus HYPERINFLATION

A lot of Deflationists like Mish think that Hyperinflation is impossible as we havn't got any real inflation.
In that respect he is correct we havn't got any REAL inflation . Real high Inflation has already taken place in the bubble years. Most of the worlds money supply gets created as debt or credit when people take on loans.
Debt is money, so the argument goes that as not many people are taking on new debt to buy a house now that the money supply shrinks and thus inflation is low. This is now the case in the real economy as people pay down debt rather than take out new debt and hence the recession. However HYPERINFLATION (IMHO, note I am not an economist, just read a lot) is caused by a LOSS OF CONFIDENCE in the currency through excessive
money printing to pay off debt. Zimbabwe hyperinflated when they printed money to pay off an IMF loan.
Sound familiar?
What is the difference to that and what the Bernank is doing when he monetizes the debt each month with QE?
none at all that i can see. That sets off a viscious circle where other countries no longer buy your debt/currency
and as tax receipts tank the only option is to print and thats exactly what QE is essentially.
So I wager that HYPERINFLATION is not excessive credit growth but excessive blatant printing to pay off debt. Japan got away with it as it own population were savers and bought the debt themselves
THAT IS NOT HAPPENING IN THE WEST NOW.
The Hyperinflation that the deflationists say will never arrive already has. The dollar hyperinflated in the private credit phase to to fuel the housing bubble. Cash was flipped for condos/houses. That phase has gone and now we enter the sovereign debt hyperinflation where the goverenment itself hyperinflates. If the bubble had been allowed to burst
and banks had gone bust and people had gone bust then yes the deflationists would be correct but when
you print money to counteract a deflationary depression, unless you have a lot of willing buyers for your new debt then that is when IMHO the real ZIMBABWE/WEIMAR hyperinflation occurs.


Remember these wise words


There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved."

- Ludwig von Mises