Thoughts on Markets

Sunday, August 22, 2010

America: a walking dead-zombie country - I am selling some of my miners.

The first article is very interesting and does seem to reflect a truth. I urge you to read it in its entirety.

From Chaostheroien.de:
America: a walking dead-zombie country
Freitag, 20. August 2010 00:23 
von Lars Schall
The high-profile financial pundit Max Keiser doesn’t shy away from crystal-clear, unmistakable statements. The following exclusive interview is no exception. Mr. Keiser sees an attack exercised against the majority of people in the U.S., sets out why gold is in no bubble at all, points at a remarkable move by the Harvard University, and has an advice to some US-American billionaires disguised as noble philanthropists: “Just pay your taxes and shut up!” This is a very important read. It has four pages and is worth every minute you spend on it. Americans must wake up to what is going on and what to look forward to unless there is a substantial change. The article fairly accurately reveals the fraud in banking and the attacks on precious metals and all markets. HERE
From Ed Steer's Gold and Silver Daily on Saturday: "Well, the really big gold news yesterday came courtesy of The Central Bank of the Russian Federation.  As I said yesterday, they always update their website on the 20th of each month... and this time it was for July.  During that month they increased their gold holdings by a further 500,000 troy ounces, bringing their total holdings to date up to 23.3 million ounces... or 724.7 tonnes.  So far this year they have socked away 2.8 million ounces of the stuff... over 10% of their entire holdings in just the last seven months!  These guys are serious!!!" Don't you think we should be serious, too?
 
From WSJ.com:
'Atlas Shrugged': From Fiction to Fact in 52 Years 
By STEPHEN MOORE 







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