Thursday, February 21, 2013

CINDERELLA & THE 3 UGLY SISTERS

CINDERELLA & THE 3 UGLY SISTERS


The fairy story is that of a beautiful young woman, living with 3 ugly sisters and a cruel step mother, in unfortunate circumstances whose life suddenly changed to remarkable fortune. 
The word "Cinderella" has, by analogy, come to mean one whose attributes were unrecognised, or one who unexpectedly achieves much deserved recognition or success after a period of obscurity and neglect. 
In watching the hammering that Gold has been receiving over the last weeks this story came immediately to mind.
Consider for a moment how the wicked stepmother Bernanke and his surrogates have tried to help the 3 ugly sisters:
Real Estate: 
Despite doing  everything possible to reflate real estate, property prices still languish and apart from homes for the super rich there is zero recovery.
Equities:
This has been reflated to new and increasingly unsustainable highs, with many observers seeing stagnant economies, lower employment, declining consumer disposable incomes,  and rising p/e ratios preceding a sharp correction in the very near future.
Bonds:
The ZIRP policy and endless QE has driven bond prices to all time highs, and when interest rates finally rise there will be an implosion in the bond market and massive capital losses.
GOLD:
In order to disguise the looming crisis in the other asset classes, Gold, the Cinderella of the story, has been used, abused, manipulated and driven down by the immensely powerful forces of the Government, Central Banks and Bullion Banks, in a totally fraudulent and overtly unregulated market place.

ONLY ONE QUESTION REMAINS:
Would you prefer to invest in an asset whose price, despite all efforts,  cannot be driven below USD 1500 per ounce, or in a group of assets whose current price levels are only sustained by money printing, levitation and media propaganda?


Friday, February 15, 2013

CORBETT REPORT - G 7 CURRENCY WAR LIES, ARGENTINA, JAPAN, MALI & SWISS GOLD


CORBETT REPORT - G 7 CURRENCY WAR LIES, ARGENTINA, JAPAN, MALI & SWISS GOLD


Please find below a link to a recent VIDEO interview, between myself and James Corbett, founder and owner of the Corbett Report – www.CorbettReport.com.

This wide ranging interview discusses the G 7 ignoring the very existence of a currency war  in advance of their next meeting. We discuss the deteriorating situation in Argentina and Venezuela and how history is sadly repeating itself. Japan is facing terminal decline, with an over indebted government, an ageing population, and soaring costs of raw materials imports, in an export led economy. Despite the demonstrable failure in Japan of currency debasement in the past 20 years, Mr Abe wants more, faster. In Mali, the Western interest, ostensibly to fight terror, cannot be separated from the country's and its neighbour Niger's uranium, gold and other base minerals reserves. French company AREVA is the biggest user of uranium in the world and France totally dependent on nuclear for electricity. Over a year ago Libya's gold reserves worth some USD 6 Billion disappeared, where are they and why is there no media coverage of this record heist. Finally we discuss the Swiss bid to have a referendum on recovering their Gold reserves and the related political challenges to the Swiss people in exercising control over their central bank.

http://www.corbettreport.com/g7-lies-south-american-economy-swiss-gold/

The Corbett Report provides a weekly podcast as well as interviews, articles and videos about current events and suppressed history from an independent perspective.


I am very pleased that my message is reaching an ever wider audience.