Another 3-day Weekend? Must Be Time For Some Jackass!

276

In what has become a tradition here in Turdville, our pal Jim Willie stopped by this morning for a wide-ranging, hour long discussion. <Note: This is a free, public thread!>

This baby checks in at just over an hour so you might want to break it up into parts. Download this to your computer/ipad and, if you need some time away from the pool or the beach, put in your earbuds and go to town! Amongst the topics discussed are these:

  • The latest developments in the budding "Eur-Asian Alliance"
  • The progress the BRIC nations are making in setting up the 21st Century financial system
  • Falling U.S. interest rates and the treasury market
  • DoucheBank and the other walking, TBTF zombies

Jim has promised to join us again for our next 3-day weekend in July. Until then, this hour-long discussion should satisfy even the most starved info-junkie.

Have a great weekend!

TF

  276 Comments

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Occasnltrvlr
May 26, 2014 - 5:55pm

There's Just Something About...

...A girl in a uniform.

SS121
May 26, 2014 - 5:44pm

The Potemkin Village Markets

The phrase Potemkin villages (an alternative spelling is Potyomkin villages, derived from the Russian:Потёмкинские деревни, Potyomkinskiye derevni) was originally used to describe a fake village, built only to impress. According to the story, Grigory Potemkin erected fake settlements along the banks of the Dnieper River in order to fool Empress Catherine II during her visit to Crimea in 1787.

From the front, these things look real, like a movie set. see-

--

But critically 'think' past that which you are being shown, and...

Things look a little different than the producers would have you believe.

--

Consider the front of the Potemkinville silver market

The official story is that...

"The Potemkinville Silver Price chart represents the results of the computerized trading of "silver" contracts. Big hedge funds, and spec funds, and bullion banks, and all their magical headline reading HFT Algos, just trading trading trading. Behind that chart is a Real Trading Market ! ! !

But the only visible/knowable effect of the Potemkinville "Silver Price" front is this- The Potemkinville Silver Price chart is the single price reference for all of the world's physical Silver transactions. It is a price control device that controls the public's perception of the value and monetary nature of physical silver.

For the owners of the World Fiat Currency System, the need to directly control the perception of what the public believes to be the price of silver is pretty obvious. But-

...everything needed to critically think one's way around to the hidden side of the Potemkinville Silver Price Chart is right in plain sight. It might mean leaving that comfortable manufactured position... And it might require the admission that certain market hopes were really false hopes. And there might even be that little sting that prompted the following quote-

“The truth will set you free, but first it will piss you off.”Gloria Steinem

And it may, but for those who prefer truth over comfort, it's all there.

Only Silver and Gold are Money

Gamble
May 26, 2014 - 5:08pm

Oh oh !

Another country questioning if their gold is there!

get ready for a massive slam !

rl999
May 26, 2014 - 4:44pm

Read

Austria sending auditors to check gold held by Bank of England

Colombia probes gold trading firms in cocaine laundering case

As much as $3.3 billion of gold was smuggled into Colombia in the past two years, says the head of DIAN, an agency assisting in the probe

SubjectivObject
May 26, 2014 - 4:07pm
Barfly
May 26, 2014 - 3:03pm

Rickards says...

The fed is out busily looking for buyers of last resort. That's every 401K and IRA in the system liquidated and forced to buy government bonds. It's already happened with workers in the postal system. It's going to happen with everyone else. Tick Tock.

Wonder what the effect on the system would be if everyone tried to cash out their retirement plans all at once?

Bollocks
May 26, 2014 - 2:57pm

WTF

Is this real? Sounds and looks like him.

Obama erklärt in kürze die Neue Welt Ordnung 2016 ^^ - Zusammenschnitt
treefrog
May 26, 2014 - 2:44pm

feral reserve is not a govvy agency.

reading bp9192's post above suggested a really twisted idea to me.

germany's gold is (?) held at the feral reserve of new york.

likely other nations' gold is held similarly.

what happens if somehow, we can "end the fed?"

the feral reserve is a private outfit. if it gets "ended" to whom do its creditors present their claim(s)?

do those claims just go "poof?"

does the feral reserve hold this nation's gold?

more questions than answers. damn, don't you hate it when that happens?

Tabberto
May 26, 2014 - 2:15pm
bp9291
May 26, 2014 - 2:15pm

Our gold or not

Having kept up with all the events of the past 10 years much more than my wife likes it has occurred to me that we may still have our 8200 tons or something in that vacinity and have been disposing of everyone else's with or without their knowledge ( see Germany). There has been nothing else this country has done in this age of criminality that is above board so why would we sell ours and keep theirs? Of course it could all be gone, who knows?

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