Friday, January 30, 2015

Tuesday, January 27, 2015

Keiser Report: Markets Mind Carnage

From RT

Published on Jan 24, 2015

In this Keiser Report from Mexico City, Max Keiser and Stacy Herbert discuss mind carnage in the markets as price discovery goes astray due to market intervention, and the rise of vigilante groups around the world looking for Rolex watch and Gucci belt wearing politicians.

In the second half, Max interviews businessman, radio show host and anarchist, Jeff Berwick, about becoming a taxpayer, living in Mexico as a tourist and the ending of the drug wars.

Monday, January 26, 2015

Happy Australia Day

Happy Australia Day to all my followers

Sunday, January 25, 2015

SD Metals and Markets - Cartel Setting Up PM Classic Raid On Next Week's FOMC?

From SilverDoctors

Boom Bust - Currency wars in the EU

From Boom Bust

Quote of the Week

It is not death that a man should fear, but he should fear never beginning to live ~ Marcus Aurelius

Saturday, January 24, 2015

Weekend Chillout - My Baby Just Cares For Me

My beautiful friend Frances played and sang this Nina Simone classic to me last night, it made me feel were both transported to another time and place.


Frances Madden playing "My Baby Just Cares For Me"

Friday, January 23, 2015

Peter Schiff on ECB 'easy money'

From RT

Gold Rallies on ECB QE Announcement

From the smh.com

The European Central Bank took the ultimate policy leap on Thursday, launching a government bond-buying programme which will pump hundreds of billions in new money into a sagging euro zone economy.

The ECB said it would purchase sovereign debt from this March until the end of September 2016, despite opposition from Germany's Bundesbank and concerns in Berlin that it could allow spendthrift countries to slacken economic reforms.

Together with existing schemes to buy private debt and funnel hundreds of billions of euros in cheap loans to banks, the new quantitative easing programme will release 60 billion euros ($84.5 billion) a month into the economy, ECB President Mario Draghi said.

By September next year, more than 1 trillion euros will have been created under quantitative easing, the ECB's last remaining major policy option for reviving economic growth and warding off deflation. The flood of money impressed markets: the euro fell more than two U.S. cents to $1.14108 on the announcement, and European shares hit seven-year highs.

Read more

As a result of the above ECB move the USD:AUD fell 0.80 and gold broke through US$1300.

Gold rose less than 1% for the trading day but with large intraday swings in London and New York trading hours.

We can all see clearly now why the Swiss de-pegged the Franc from the Euro last week, it was bad enough to bail on a falling Euro but a Euro that is being set on fire.....


Thursday, January 22, 2015

Robert Kiyosaki on Gold Seek Radio

From GoldSeek.com Radio

Jeff Clark - If there ever was a time to hold gold this is it

From Cambridge House

Frank Holmes - Gold in Foreign Currencies is Going Parabolic

From Cambridge House

Marc Faber's 2015 Predictions

Gold Exceeds $1300 Silver $18

In a fairly volatile trading session in London and New York gold broke through US$1300 but was unable to hold that level. Silver blew through US$18 convincingly and has managed to hold this level.

Although for Australian dollar holders the gold price did not suffer a setback as the USD:AUD fell to 0.809 and the AUD gold price approached $1600.



Wednesday, January 21, 2015

Breaking The Set - Why Arming Rebels is the Definition of Insanity

From breakingtheset

Published on Jan 19, 2015

Abby discusses the decision by the US to deploy at least 500 troops to countries surrounding Syria to train “moderate” Syrian rebels despite this policy being a dangerous failure in the past.

Eric Dubin: ECB QE Imminent?

From WallStForMainSt

Tuesday, January 20, 2015

Tweet of the Week


Nomi Prins - Gold Will Increase Gradually in 2015

From Greg Hunter

Saturday, January 17, 2015

SD Metals and Markets - Swiss National Bank Goes Nuclear

From SilverDoctors

Published on Jan 16, 2015

A day after the Swiss National Bank SHOCKED the market by de-pegging the franc from the Euro, causing a 30% move in the CHF Thursday, Jay Taylor joins The Doc & Eric Dubin to break down all of the implications.

Swiss Franc & Gold Spike, More Money Printing Coming

From Greg Hunter

Silver spikes 4% in ongoing market turmoil

Silver has spiked over 4% in overnight trading with gold trailing with a 1% rise. Markets are still roiling in the wake of the Swiss National Bank de-pegging the Franc from its tight exchange band with the Euro. Fallout from the surprise decision is still being felt in 10%+ declines of major Swiss firms share prices, and more worryingly several trading firms dealing in FX have collapsed due to leverage extended to their clients for EUR:CHF shorts. Shades of  the MF Global collapse could be on the cards over the coming days and weeks.


Rick Rule on Oil and Peter Schiff on Switzerland ditching its currency cap

From Boom Bust

Published on Jan 15, 2015

The Swiss National Bank shocked financial markets on Thursday by ditching its policy of capping the Swiss Franc to the Euro. The unexpected move sent the safe-haven currency souring up as much as 41% against the Euro. Stocks plunged amidst fears of what this would do to Switzerland’s very export reliant economy. It was the biggest single-day depreciation in a major currency of all time! Erin weighs in.

Friday, January 16, 2015

Weekend Chillout - Stop

With the Swiss National Bank stopping support for the EUR:CHF peg the opening lines of this song just seem to have been written for all those mugs that were short the Franc.
All that I have is all that you've given me
Did you never worry that I'd come to depend on you
I gave you all the love that I had in me
Now that I've found you've lied, and I can't believe it's true

Monday, January 12, 2015

Laurence Kotlikoff - Hyperinflation Not Deflation

From Greg Hunter

Published on Jan 11, 2015

Dr. Laurence Kotlikoff, formerly a top economist in the Reagan Administration, thinks if things get out of control, we’ll get hyperinflation--not deflation. Dr. Kotlikoff warns, “I think it’s already gotten out of control because of the amount of money that has been printed. I don’t think anything fundamental has been done in the U.S. or Europe to address the structural issues. The banking system is in riskier shape than it was. There is nothing in the Dodd-Frank legislation that I see in terms of keeping us from anther meltdown or another run on the banks that we had before. I do worry about that, and I worry that in the U.S. we have no adult leadership in either party. . . . Social security is 33% under-financed, according to its own trustees report. . . . Our entire fiscal enterprise is about 58% under-financed, meaning we need a 58% immediate increase in our taxes to cover all the spending that we have. . . . So, the country is really broke.”

Join Greg Hunter as he goes One-on-One with renowned economist Dr. Laurence Kotlikoff.

Sunday, January 11, 2015

Keiser Report: China Mainland MSM Myths

From RT

Published on Jan 10, 2015

In this episode of the Keiser Report, Max Keiser and Stacy Herbert, back in the London studio, have brought Paul Schulte back with them from Hong Kong. Paul is an author, analyst and professor, who debunks the myths in the Western media about mainland China and how it is that Chris Patten, the former governor of Hong Kong, set in motion the problems we see today in the streets of the former British dependent territory.

In the second half, Max speaks to WilliamBanzai7, the artist for the financial apocalypse now, who features on Zerohedge.com. They discuss the Umbrella Revolution and what inspires his art.

Greg Hunter's Weekly News Wrap

From Greg Hunter

Morgan, Macleod, Murphy Round Table Most Historic Mania Stampede in History By 2016

From SilverDoctors

Golden Dagger


Saturday, January 10, 2015

Keiser Report: ‘Shoebox’ Housing & ‘Dim Sum’ Bonds

From RT

Published on Jan 8, 2015

In this episode of the Keiser Report, Max Keiser and Stacy Herbert from Hong Kong discuss the ‘social tragedy’ of subdivided flats and the booming market for ‘dim sum’ bonds.

In the second half, Max speaks to Dr Fernando Cheung Vice Chairman of the Labour Party and one of the prominent figures of.the Umbrella Movement about the protests in Hong Kong, the capital from the Mainland and the comparison to protests in America, especially places like Oakland, where Dr. Cheung, was politically active.

Friday, January 9, 2015

Doug Casey's Brilliant Stupidity Categories

Weekend Chillout - I Love Paris

This week's Chillout is dedicated to the people of one of my favourite cities, Paris. Whilst the events of this week were shocking the strength and resolve of that city's people have been inspiring. This week's music is by my good friend Frances Madden who has the ability to channel Edith Piaf. If you enjoy Frances's music you can purchase her new studio album here (also available on itunes and GooglePlay) if you want to watch Frances performing go here


So Fucking What!

All progress in human history has offended someone, usually lots of people. But typically they were small people that were then left behind, and rightly so.

Thursday, January 8, 2015

David Morgan - Unbelievable Lack of Trust in the System

From Greg Hunter

Silver Has Recovered 50% of 2014's Losses

8 days into the new year and silver has recovered 50% of 2014's losses in AUD.


Ideas Cannot Be Killed

Wednesday, January 7, 2015

This Week in Money with Ross Clark and Doug Casey

From Talk Digital Network

Tweet of the Week


Monday, January 5, 2015

Thanks a Million

I found this amazing polymer feeling Million Australian Dollar note yesterday in a carpark in Manly. I thought, wow Australia really is the Lucky Country, there is just money lying around everywhere!

Unfortunately on closer inspection the fact it had an image of Ned Kelly on the side that was facing up at the time and well it was for a Million Dollars, led to some suspicion, unfortunately on the other side was some advertisements. But it did make me think will I live long enough to see a real Million Australian Dollar note? or if inflation ever got that bad would cash would be banned?

Sunday, January 4, 2015

Keiser Report: Big Kaputski of 2015

From RT

Published on Jan 1, 2015

Max Keiser and Stacy Herbert celebrate the first day of 2015 with some regular guests who attempt to predict the big themes of the New Year. First, they talk to Dominic Frisby of Moneyweek.com about where it all might kick off this year - perhaps Japan? Next, Professor Steve Keen talks Minsky moments, debt deflation and the Bancor. Last, but not least, they speak to Liam Halligan of BNE.eu for his predictions on Europe, China, Russia and dividend yields in 2015.

Friday, January 2, 2015

Weekend Chillout - Insensitive

At a time of year when we are meant to be enjoying summer/winter holidays it is amazing how many people there are that want to be insensitive. This week's Chillout features the stunningly attractive and sweet sounding Sydney singer Borbala Bodonyi (aka Bobo) performing the best cover I have ever heard of the Jann Arden classic. For those in Sydney if you want to hear Bobo live she regularly appears in social clubs as part of a two person combo, like her facebook page to find out details for her upcoming gigs. On a personal note I was fortunate enough to meet Bobo (she is the backing singer closest to the sax player) at Frances Madden's recent album launch, my photos of that night are below.



Jim Cramer on why Gold is essential as Portfolio Insurance

Thursday, January 1, 2015

Gold finishes the year with a gain of 7.7%

Australian dollar gold prices ended the year with a 7.7% gain over the 12 months. A better return than any term deposit on offer in AUD, and you can't eat a term deposit.

Happy New Year

Happy New Year to all my readers, hoping that 2015 brings you much success.