Biderman: Why Does the Market Still Believe in Something for Nothing?

Biderman is back discussing the brainwashed investing public and the lame duck media. He ends with a classic line: "You just cannot print money and solve the world's problems". This statement seems rational to any sane person, yet the politicians and bankers of the world seem to think it is our solution still.


- Source: http://trimtabs.com/blog/

Sliding Back With the Joneses

Gold has Considerable Room to the Upside

“Look, if you were to run M4, M3 numbers, etc, and assert a value to gold on an appropriate metric relative to that, obviously gold would be at stupendous prices. I believe that gold has considerable room to go to the upside, four or five times (Gold price above $6,000). I think that’s not an inappropriate suggestion.”

- Ben Davies, via a recent King World News interview. Read the full article interview:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/23_Ben_Davies_-_Eurozone,_Deleveraging_%26_Gold_to_Break_$6,000.html

Europe to Launch Two Trillion Euro Bailout Package

"What I am hearing is they are readying a two trillion euro bailout package. If that happens, I think it almost puts our Federal Reserve into a box whereby they will have to provide some kind of liquidity event in order to keep the US dollar from spiking higher because the powers that be don’t want a stronger dollar."

- Jeffry Saut, via a recent King World News interview, read the full interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/22_Saut_-_Europe_To_Launch_Two_Trillion_Euro_Bailout_Package.html

Fox Gets it Right! Where is the Hope and Change?

A great piece by Fox News (not often I can say that). Shows how Obama has been a complete flop in his first term and how all the "Hope and Change" he promised is no wheres to be found. 

Rand Paul Explains Why He Endorsed Mitt Romney

Rand Paul explains why he endorsed Mitt Romney for president. Whether you agree or disagree with what he says, here it is.

Mike Maloney On Gold's Checkmate And Ben Bernanke's Role As The Pawn!

European Crisis Explained

A breakdown of the European debt situation, starting with Greece and consuming the entire continent.

- Source:

www.omidmalekan.com

Jim Sinclair: No One Will Lend Money

"Operation Twist has been and will continue to be a major non functioning bomb in terms of stimulation. It did zero from its inception and will do less in the future. The 2011 version of Operation Twist calls for the Fed to sell $300-$700 billion of securities maturing in three years or lower, and then use that money to buy longer-dated securities maturing in 7-12 years. The program is designed to lower long-term rates to help mortgage holders refinance and lower the cost of borrowing, therein bolstering the economy. When no one will lend money to anyone what difference does it make to artificially try to keep long rates low? This is MOPE via MSM.

- Jim Sinclair, via JSMineset.com

http://www.jsmineset.com/

Gold Backed Bonds On the Way?

“So, there was a paper prepared by what are called, ‘The German wise men,’ last fall. It was immediately rejected by everybody in sight.

They came back a few weeks ago with a revised version, where they came up with this formula where the countries would have the guarantees of all of their debt above 60% of their GDP (the legal limit under the Maastricht Treaty) -- they would be covered by a euro bond. And the countries who were getting this euro bond would pledge their holdings of gold.

This wouldn’t have the situation, where as Jens Wideman of the Bundesbank said, ‘We’re not going to use Germany’s credit card for those who spend too much.’ They would have the security of gold. This is under active discussion. I have reason to know they have been discussing it with people in the industry.”

- Don Coxe, via a recent King World News interview, read the full interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/2_Don_Coxe_-_Emergency_Fed_Meeting_%26_Gold_Backed_Bonds.html