Do aliens Reside on Earth in the Guise of Human Beings?
Total Voters: 31
Loading ...The Ministry of Truth points to a rising stock market as evidence that all is right with the economy
That one quote is what all this 24/7 manipulation is about.
Ps I wonder if something has blown up, as tdys hit makes no sense…no options, no Fed speak etc and the SM is rolling over.
Hard to see this ever changing. If they want the metals down they just keep loading paper shorts until they get the desired results.
I never ends.
You don’t think they’re lying to us do you? D’oh!
snip
“The sanguine response to the Syriza victory reflects confidence that the new government and the Troika will reach a mutually acceptable solution to Greece’s debt problems, the still-low probability attached by investors to Greek exit from the euro, and faith in the ECB’s ability to limit contagion. This all seems complacent to us.
“Expectations that Greece’s fiscal problems can be addressed by a “restructuring” of its debts overlook the fact that most of the viable adjustments have already been made. Only a substantial write-down will materially alter Greece’s debt trajectory – an option that the Troika will very strongly resist.”
more http://www.mining.com/gold-bears-are-too-complacent-about-grexit-83073/
Insanity. I feel like Neo more and more with each passing day. When will we see reality?
President Obama has renewed his biennial campaign to impose gross hardrock mining royalties.
U.S. President Barack Obama’s proposed FY2016 federal budget seeks to protect 100,000 coal mining workers whose pension plans aren’t adequately funded, as well as those whose health insurance claims have been denied because of bankruptcy in the bituminous coal sector.
However, Obama’s largess did not extend to the hardrock mining industry which would be subjected to a royalty of not less than 5% of gross proceeds, increases for annual claim maintenance fees, and a new mineral leasing process.
The proposed Bureau of Land Management budget also eliminates the fee exemption for miners holding 10 or fewer mining claims. “These changes will discourage speculators from holding claims that they do not intend to develop,” said the BLM. “Holders of existing mining claims for these minerals could voluntarily convert their claims to leases. The Office of Natural Resources Revenue will collect, account for, and disburse the hardrock royalty receipts.”
Legislation is planned for introduction in Congress to institute a leasing program under the Mineral Leasing Act of 1920 for gold, silver, lead, zinc, copper, uranium, and molybdenum, currently covered by the General Mining Law of 1872.
more http://www.mineweb.com/regions/usa/hardrock-miners-get-shafted-obama-budget/
The Chapwood Index continues to show that the real cost of living as evidence by their actual purchases in metropolitan areas is running between 8-13%.
‘Tis Only My Opinion!
Fred Richards
January 31, 2015
lf you listen to the pronouncements from the Ministry of Truth and the main stream media as well as President Obama’s State of the Union speech, you would believe that the U.S. economy is well and that our position in the world is strong.
Unfortunately, the real situation is somewhat different.
The stated cash deficit was supposed to be lower at $484 billion for FY 2014. If correct, how do you explain the fact that the U.S. stated cash debt rose $1.2 trillion.
By changing the methodology of calculating the GDP in 2013, the Ministry of Truth was able to suggest that the 3rd quarter 2014 GDP was increasing at a 5.0% rate. The change in methodology added about 3% to GDP.
John Williams of Shadow Government Statistics calculates the GDP using the methodology existing in 1980. The data using that method would show that the country entered into recession during the 3rd quarter of 2004 and has not recovered as shown in the following graph.
The Obama Administration touts the falling unemployment rate as being indicative of an improving economy. Yet, almost 48 million people are receiving food stamps and the labor participation rate has fallen to levels not seen since the 1970’s.
By changing the calculation of the Consumer Price Index, the appearance of inflation continues to be muted as reported by the Ministry of Truth. Since June 1996, the CPI has been modified 22 times. The following chart from Shadow Stats shows the difference of the original series as well as the modified series.
As the above chart shows, consumer inflation as calculated by Shadow Stats is running about 9% per year whereas the Ministry of Truth indicates that it is between 1 – 2%. The Chapwood Index continues to show that the real cost of living as evidence by their actual purchases in metropolitan areas is running between 8-13%.
The Ministry of Truth points to a rising stock market as evidence that all is right with the economy even if much of today’s corporate profits can be attributed to financial engineering.
As the stock market rises, many U.S. citizens believe that things are getting better. However, if you take a look at the S&P 500 and the NASDAQ indices priced in gold, a totally different picture arises.
Randgold Resources: The Year of Delivery
http://finance.yahoo.com/news/randgold-resources-delivery-111227045.html
Evolving Gold Announces Further Extension of Option Agreement at Rattlesnake Hills
http://finance.yahoo.com/news/evolving-gold-announces-further-extension-130000049.html
Yamana Announces Closing of C$299.3 Million Equity Financing, Including Full Over-Allotment Option Exercise
http://finance.yahoo.com/news/yamana-announces-closing-c-299-143349306.html
What I really want to see is picture of Redneckokie riding his horse down the street in his one horse town on his way to have some breakfast grits and okra. 🙂
… that and a 3k gold price …
I see you’re belittling my modest cardboard house. I’ll have you know that I’m almost done collecting enough cans so that I can use them for siding. We’ll see who gets the last laugh! 😉
armand hammer, among his many activities founded “united world college” in montezuma, new mexico. i don’t know much about the college, but i’m told it’s kind of lefty-internationalist. what i do know is that on its grounds are some hot springs (the college uses buildings that were a pre-WWI hot spring/health resort). the students maintain the facilities which are free and open to the public.
i’ve been in this one. it’s hot! about 108-110 farenheit! there are several others with more moderate temps. if you are in northeast new mexico, it’s well worth the side trip. about 15 minutes off interstate 25, take the las vegas exit and ask for hot springs boulevard (new mex. state road 65). the springs are marked by a sign “hot baths” on the side of the road.
More Power!
Gold Hill… heading to Virginia City.
http://www.railpictures.net/viewphoto.php?id=517274
But it will make it so much safer. Hang these people! Coming to Amerika soon:
Too busy feeding my own wood burner. 8-10 cords per year keeps me hopping!!
You up nice and early. Might have a good day in Au(Gold), unlike the Monday’s Niagara Falls usually.
I thought that Canadian $ was the looney, but it seem AU$ takes the cake.
Just have a look at chart below, when RBA drops bank rates by 0.25% to 2.25% and one of the states transfers power to Labour Party (as oppose to Liberal – conservative ). Prime Minister looses popularity etc.
Maybe get a little OT for the firemen
Want to buy 75 units (love this Gartman lingo) of Crock (CRK) and arb the Aussie against the $US gold price.
Looking like my non-oil trade strike outs in the last month or so, TLM at $4.25 and COS @ $6.05.
Maybe just stick to heavy packages. On that note, winedoc and I had an exchange a while back on his carparts and how to keep it on the down low.
I got a little nervous when my drop address contact mentioned the UPS driver was asking why the small box was so heavy.
Contact said didn’t know why…I have now left instructions that they are bullets for custom loading for 500BMG.
I follow Paul Hellyer’s views on banking, but this route to the Supreme Court was news for me.
