Today, Kevin explains how diet foods are specifically designed to make you fat and how America is slowly being sold to the highest bidder.
Reporter Suffers Stroke On Air
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April 6, 2012
By Millie Munshi
Gold in London rose for a second straight day after U.S. employers added fewer than jobs than forecast, boosting prospects for the Federal Reserve to use additional stimulus measures to spur growth.
Payrolls climbed by 120,000 in March, the Labor Department said today. Economists forecast a gain of 205,000, the median of 80 projections in a Bloomberg News survey. Minutes from a Fed policy meeting released this week indicated that the central bank will hold off on increasing monetary accommodation unless economic expansion falters.
“There’s going to be this feeling that the Fed’s minutes that said easing was off the table is not going to pan out,” Michael Gayed, the chief investment strategist who helps oversee $150 million at New York-based Pension Partners LLC, said in a telephone interview. “We’re getting the consistent message that stimulus is good for gold.”
Bullion for immediate delivery gained 0.4 percent to $1,638.25 an ounce by 10:52 a.m. New York time. Trading on the Comex in New York is closed today for Good Friday.
April 6, 2012
By Morris Hubbartt
My technical work continues to paint a dismal future for the dollar. The Fed’s announcement on Tuesday that no further quantitative easing is needed caused the dollar to rally a bit, but on terrible volume.
Volume analysis can be a truth detector for the major trend. What the current US dollar volume tells me is that this rally won’t last, and my analysis of the commercial money group shows them holding and building substantial counter-dollar positions.
Fiat currency should not be your main asset to store wealth in the present situation. Gold and silver are the best places to house your hard-earned money.
While the gold market’s fall has made the headlines, the fact is that the dollar has barely rallied on higher interest rates, just as it barely rallied during the euro crisis. Fundamentally, the dollar is in a bear market that probably will go on for many more years.
April 5, 2012
By Kurt Nimmo
“Shouldn’t the school be asking the parent’s if they want their kids to see this propaganda?” –KTRN
An Infowars.com reader from Colorado writes to tell us the Cherry Creek Public School district in western Arapahoe County is forcing students to watch Kony 2012. According to the father of a student attending school in the district, students were instructed to write “a letter to Senator Mark Udall in support of Invisible Children’s effort to capture Joseph Kony.”
“This is incredibly disturbing that this assignment’s goal was to force students into some level of political activism in support of a potentially violent conflict (war). Schools are not to be utilized for any activist purposes or those viewpoints forced upon the students outside of the will of the parents,” the father writes.
“I plan on consulting a lawyer to find out if there is any legal action I can take against the school district.”
The Invisible Children project used viral video as a delivery vehicle for Africom propaganda. It faced a landslide of criticism within hours of the video’s release on YouTube. The criticism was so intense that the film’s director, Jason Russell, experienced a mental breakdown. He was hospitalized after he was found running through streets in his underwear, screaming incoherently and banging his fists on the pavement, according to The Telegraph.
As we have documented, Invisible Children is a “USAID centric” front group run out of the State Department. On March 17, soon after the Kony 2012 video surfaced, Tony Cartalucci wrote that in addition to the State Department, the group is supported by “Wall Street speculator George Soros and his Open Society Institute, and a myriad of corporate-funded foundations.”
April 4, 2012
By Steve Saville
When reviewing the long-term performance of the gold sector in previous TSI commentaries we looked at performance in nominal dollar terms and in gold terms, but as far as we can recall we never looked at performance relative to the broad stock market. This is an omission we are now going to rectify.
The following weekly chart shows how the Barrons Gold Mining Index (BGMI) performed relative to the broad US stock market (as represented by the S&P500 Index) from 1960 through to this week. Clearly apparent on this chart is the secular bull market in gold-stock relative strength of the 1960s and 1970s, the secular bear market in gold-stock relative strength of the 1980s and 1990s, and the secular bull market in gold-stock relative strength that began in 2000. Also clearly apparent on this chart is that the secular trends contain many counter-trend moves. During the gold secular bull market of the 1960s and 1970s these counter-trend moves were sometimes dramatic and lasted more than two years. During the current secular bull market the counter-trend moves have been far less impressive, but even though they look trivial on the long-term chart they can still feel dramatic in real time.
April 4, 2012
By Jeff Cox
Runaway government debts have triggered uncontrolled money printing that in turn will lead to inflation that will decimate portfolios, according to the latest forecast from “Dr. Doom” Marc Faber.
Investors, particularly those in the “well-to-do” category, could lose about half their total wealth in the next few years as the consequences pile up from global government debt problems, Faber, the author of the Gloom Boom & Doom Report, said on CNBC.
Efforts to stem the debt problems have seen the Federal Reserve expand its balance sheet to nearly $3 trillion and other central banks implement aggressive liquidity programs as well, which Faber sees producing devastating inflation as well as other consequences.
“Somewhere down the line we will have a massive wealth destruction that usually happens either through very high inflation or through social unrest or through war or credit market collapse,” he said. “Maybe all of it will happen, but at different times.”
April 3, 2012
The Dollar Vigilante
By Dollar Vigilante
Don’t understand economics? And the thought of even trying makes your eyes cross?
That’s what they want. Government, which is an artificial, unnecessary construct has made a concerted effort to make economics sound as difficult as possible for decades. The reason? They can use your programmed ignorance as the publicly “educated” to confuse you about how they manipulate the economy for their benefit.
Economics is simple. Nearly the full extent of it can be taught in a near pamphlet, as has been done in Henry Hazlitt’s “Economics in One Lesson”. That is the full extent that any individual needs and should know about economics.
Those four to eight years in college to get a bachelor or PhD in Economics? Pure mental masturbation – at best.
ECONOMICS ON AN ISLAND
Most everything can be broken down to its most basic components in order to simplify things. When faced with a large question always try to break it down. Let’s do that with economics to show how simple it is and why central banking is a central tenet of communism and is an abomination that makes no sense in a free market.
Let’s say that you and four other people live on an island. As far as you can tell there are no other humans on Earth. Each of the people on the island do things which help the collective although they have selfish reasons for doing so (ie. they want something in return).
Perhaps you fish. Another gathers coconuts. And another is good at building and repairing thatch huts and collecting rainwater for drinking. Amongst yourselves you trade. You offer some fish for coconuts, water and a nice maintained hut. The others offer their services in trade for your fish.
April 2, 2012
By Morris Hubbartt
China continues to make progress in widening the use of the renminbi in global trade. Partner countries are using swap agreements to bypass the US dollar.
China has entered into currency swap agreements with about 20 nations, the largest of which is Brazil. The Reserve Bank of Australia announced they have agreed to a $31 billion currency swap. The economy of Australia is one of the most developed and modern market economies in the world, with a GDP of approximately $1.6 trillion. There is a lot of room for more of these currency swaps.
It is only a matter of time before the renminbi joins the dollar as a major reserve currency, and it may happen sooner than most analysts believe is possible.
Technical analysis supports this fundamental analysis. Major falls in the dollar have historically produced substantial gains for gold. The highs in the dollar in late December and early January were not confirmed by MACD or RSI. Both of these indicators are exhibiting downtrends.
The volume section of the chart looks like a veritable minefield of distribution day landmines that have exploded. The distribution has been relentless for well over six months.
April 2, 2012
By Tony Cartalucci
An attempted color revolution backed by Wall Street unfolded in Bangkok, Thailand in 2010, leaving 91 dead. Since then, Wall Street as well as its proxies inside of Thailand have attempted to blame all 91 deaths on the Thai military despite overwhelming evidence proving armed militants were involved in the protests — this foreshadowed the techniques now being used on a larger scale in Syria.
High profile deaths including those of foreign journalists caught in the crossfire have become political points of leverage for Wall Street’s media machine (a technique also reused in Syria) and their Thai proxy, billionaire Thaksin Shinawatra. Unfortunately the same craven political stunt employed at the expense of fallen Reuters journalist Hiro Muramoto who was killed during the April 10, 2010 night ambush of Thai troops, is now being used regarding the death of an Italian journalist by the Thai police currently headed by Thaksin Shinawatra’s own brother-in-law.
Police General Priewpan Damapong was appointed as head of Thailand’s police shortly after Thaksin’s own sister took office last July, with much support from Wall Street & London and demonstrating a breathtaking display of third-world nepotism. Damapong, it should be noted, also just recently, and very eagerly, backed claims by both the US and Israel regarding the false flag Bangkok bombing pinned on Iran – illustrating just how interconnected these geopolitical ploys are regardless of geographic distance.
Claims regarding “new evidence” that Italian journalist Fabio Polenghi was killed by a high-velocity bullet during 2010′s unrest, and not an M-79 grenade as previously thought, and therefore “clearly” implicating government troops, echos of similar claims by Thaksin’s associates in regards to Muramoto’s death and conveniently ignores the fact that both government troops and Thaksin’s militants employed not only assault rifles firing high velocity bullets, but both fielded weapons that fired the exact same 5.56mm rounds claimed by Thaksin and his opposition to only have been used by government troops.
March 29, 2012
By Stephen Lendman
Political Washington is Wall Street’s best friend. Whatever crooked bankers want they get. Their business model features grand theft. Wealth’s amassed through fraudulent double-dealing.
Lawmakers facilitate their racketeering. They’re rewarded in kind. Only fleeced households, investors, communities and nations lose out.
Their dirty game continues unobstructed. New legislation enhances what’s on the books. Another bill will become law when Obama signs it. Wall Street’s again celebrating, and why not? Business is better than ever, courtesy of complicit lawmakers.
At issue is the Jumpstart Our Business Startups Act (the JOBS Act). On March 8, the House passed it overwhelmingly 390 – 23. On March 22, Senate followed 73 – 26. Doing what he does best, Obama will sign it into law. He’ll again betray America’s 99% in the process.
When everything comes up roses for Wall Street, ordinary people get scammed. It’s the same every time like loaded dice let the house win.
Former bank regulator/financial fraud expert Bill Black explained what’s at stake in his article headlined, “‘The only winning move is not to play’ — the insanity of the regulatory race to the bottom.”
He called the imminent JOBS Act passage reminiscent of the “worst anti-regulatory travesties in the financial sphere (that) had broad, bipartisan support.” Don’t they all, especially in recent decades.
He reviewed some of the worst past legislation and congressional actions, including:
(1) the 1982 Garn-St. Germain Act that gave S & Ls a license to steal.
(2) the 1987 Competitive Equality in Banking Act (CEBA).