Archive

Archive for October, 2013

Will this sociopath and publicity whore ever shut up?

October 24, 2013 Leave a comment

Mr Magoo strikes again.

Infuriating that this lizard still can lie in the sun and bask in the rubble of the global destruction he has wrought without being hauled before an International Court of Economic Crimes.

Signs of doom

October 23, 2013 Leave a comment

Apparently oarfish washing up on the beach are a sign of earthquakes or “doom”.   It’s more likely overfishing and/or pollution are causes of the death of oarfish – and clearer, more direct signs of “doom”.

Leaving that idiotic myth to one side, I have more direct signs of doom that are screaming at me everyday:

1. QE 4EVER

2. IDIOTS IN POWER

3. CRIMINALS IN BANKING LET OFF THE HOOK

4. FUKUSHIMA, SHOCKING POLLUTION OF THE SEAS, OVERUSE OF WORLD RESOURCES

You don’t need oarfish washing up on beaches to know that we are doomed.

Who is going to be the last sucker to end up holding the most worthless dollars?

October 23, 2013 Leave a comment

Interesting question.  When a bank run kicks in, it’s a mad, mad rush for the exit doors.  And the doors simply aren’t big enough to let everyone out before the fire sets the whole place ablaze.  Who is the trusting sucker who believes the government crap about “staying put” and doesn’t run for the exits?  I don’t know who it is but that sucker is going to be badly burnt.

The calm terrible truth

October 23, 2013 Leave a comment

Peter Schiff is right again:

The  reality is that Washington has now committed itself to a policy of permanent debt increase and QE infinity that can only possibly end in one way: a currency crisis. While the dollar’s status as reserve currency, and America’s position as both the world’s largest economy and its largest debtor, will create a difficult and unpredictable path towards that destination, the ultimate arrival can’t be doubted. The fact that few investors are drawing these conclusions has allowed gold, and precious metal mining stocks, to remain close to multi year lows, even while these recent developments should be signalling otherwise. This creates an opportunity.

Categories: Predictions

Holding pattern that goes on forever?

October 22, 2013 Leave a comment

Traditionally dead empires needed a little push from the outside to collapse.

This is taking forever.  Why?  Because the damn Chinese are taking forever to move to gold.

By the time they do, the West will be dead from debt.

The sooner the better.

Australian banks are puppets of international banks

October 18, 2013 Leave a comment

Oh dear.

I knew it was bad, but not this bad.

Sometimes even I am surprised on the downside.

Opting out as protest

October 17, 2013 Leave a comment

Don’t know if it works, but this is the best article in defence of it.