The Golden Truth: Look What They Caught: Toilet Paper For Obama (lower right)

Sunday, June 30, 2013

Look What They Caught: Toilet Paper For Obama (lower right)

5 comments:

AnonymousSunday, 30 June, 2013
Now that Ron Paul has retired, are there any honest men in Congress? I'm not being flippant, I really want to know.
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AnonymousMonday, 01 July, 2013
"Congratulations on the completion of your College degree in
your particular field of interest.

While you were getting your degree..............

The Republicans shipped jobs in your field to cheap labor in India while the Democrats gave them to immigrants on H-1b visas living in the US.

The College where your degree was issued has been degraded to a Grade F status in terms of "quality education" and Corporations no longer considers graduates from your College desirable.

You are now also 6 years older than when you started to get this degree and now age discrimination has determined that you are too old for this field.

Good luck on your future endeavors overseas or at a part-time minimal-wage job while over-your-ass in debts."

Happy student loan D-Day!
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AnonymousMonday, 01 July, 2013
Dave:

Another 'fan' of silver here--he says that it has NO intrinsic value, & its only value is whatever the market puts on it.
Sounds like another notorious bankstah-brown-nosing frontman recently unleashed to sell his schlock, because those are his exact words,too.

http://peterlbrandt.com/some-hopefully-final-comments-on-silver-bulls/
Silver is a commodity. Nothing more, nothing less. Silver has no intrinsic value other than what the market says is is worth.

BTW, he's bearish crude to $65.
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michael3c2000Tuesday, 02 July, 2013
Short writeup on WSJ toiletpaper-
http://blogs.wsj.com/moneybeat/2013/07/01/golds-washout-may-produce-buying-opportunity/
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Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.