Monthly Archives: April 2012

Occupy Wall Street Plans Global Protests in May Day Resurgence – Bloomberg

Occupy Wall Street demonstrators, whose anti-greed message spread worldwide during an eight-week encampment in Lower Manhattan last year, plan marches across the globe today calling attention to what they say are abuses of power and wealth. Organizers say they hope … Continue reading

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Guest Post: Gold’s Value Today | ZeroHedge

Gold is not just a store of value; it is not just a unit of account; and it is not just a medium of exchange. It is all of those things, but so are dollars, yen and renminbei. Physical precious … Continue reading

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Leaving Ponzi In The Dust | ZeroHedge

Never before in the history of the world has such a grand scheme been implemented and in such an all-encompassing fashion. The unlimited amount of money that is available, because they can print all the money they want, has allowed … Continue reading

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BOJ Expands Asset-Purchase Fund to 40 Trillion Yen – Bloomberg – fadetoblack

The Bank of Japan (8301) added monetary stimulus for a second time in three months amid mounting calls from lawmakers to redouble efforts to spur economic growth. The central bank expanded its asset-purchase fund to 40 trillion yen ($494 billion) … Continue reading

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Gold “Bargain of Lifetime” As Gold Standard Inevitable, Possibly Within Year – $10,000/oz Looms | ZeroHedge

Gold Standard Inevitable, Possibly Within Year – $10,000/oz Looms Reuters TV have interviewed John Butler who says a return to the gold standard is “inevitable” possibly as soon as within the year and $10,000/oz gold is on the cards. Jamie … Continue reading

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Bernanke Says Fed ‘Prepared to Do More’ After Policy Unchanged – Bloomberg

Federal Reserve Chairman Ben S. Bernanke said the central bank remains prepared to take additional action if needed to boost the economy, after leaving its policy unchanged today. “We remain prepared to do more as needed to make sure that … Continue reading

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Russia And Mexico Both Buy Nearly $1 Billion Worth of Gold in March | ZeroHedge

Mexico, Russia and Central Banks Continue Diversifying into Gold While gold demand from the western investors and store of wealth buyers has fallen in recent months, central bank demand continues to be very robust and this is providing strong support … Continue reading

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US Welfare State To Run Out Of Cash Sooner Than Hoped For | ZeroHedge

Medicare trustees just released their annual report on the programs finances and it does not make for healthy reading. In fact the main headline takeaway is that the social security fund itself will now run dry three years sooner than … Continue reading

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Chris Martenson And Harvey Organ: Get Physical Gold & Silver | ZeroHedge

The big problem in London is that their derivatives on gold are about 50 to 100-to-1. That’s the amount of derivatives. So if I take out that 1 ounce, the balloon around it — the derivative — is getting bigger … Continue reading

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Krugman Rebutts (sic) Spitznagel, Says Bankers Are “The True Victims Of QE”, Princeton-Grade Hilarity Ensues | ZeroHedge

The Fed doesn’t expand the money supply by dropping cash from helicopters. It does so through capital transfers to the largest banks. A major issue in this year’s presidential campaign is the growing disparity between rich and poor, the 1% … Continue reading

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