Recession over ?

Not according Jim Rogers !
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He even encourages the interviewer to become a farmer! Well... we all got to eat and .. drink water so that is where money is going to be made and humanity going to be served.
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Gold Prices - increase or decrease on long term

When confronted with savvy investors on how far the Gold can go, when is it going to drop again or when is it going to peak, I can only say this:

Gold (and silver) is a monetary commodity.

Unlike other commodities, like rice, wheat or ore, it is scarce, it is being hoarded by Central Banks, investors, institutional investors and now rich and alike.

According to figures of the World Gold Council, there is not much mined every year. So, demand will always increase, but supplies are getting scarce.

Second: as long as Gold will be traded in USD ( a heavily inflationary paper instrument printed by the private bank: Federal Reserve ) or any other deflating currency, Gold's equivalent value will increase. Not Gold's intrinsic value!

Meaning: if the USD continues to go down ( as it will, because the FED is massively printing them as we speak ) people want more USD for the same amount of gold.

But of course, there is a real cost. The value of our currency goes down with every new dollar the FED prints and with every dollar of new deficit spending. But the politicians can all pretend inflation doesn't exist. When it shows up in our economy, they can lay the blame with "speculators", oil companies and George Sorros, Madof, Lehman etc....

The government can manipulate the dollar like this because it's not backed by gold. President Nixon "temporarily" cut the tie between the dollar and gold in August 1971. You can see the video here.

In it, Nixon promises the dollar won't be devalued - "your dollar will be worth just as much tomorrow as today"... ( we all know by now, this promise was just a plain lie! )

At the time, $35 would buy an ounce of gold. Today, it takes more than $1,100. That's a 97% decline in purchasing power.

It's fascinating how many people believe this won't happen again...

I'm not surprised gold is trading at $1,100. I'm surprised it's not trading for more than $5,000.!

Now, let's say gold hits 5,000USD/Oz. It only means the USD has lost 70% in its value compared to today when gold is at 1,160USD. So Gold is not becoming "more expensive" , it is the dollar ( or an alternative currency ) that is loosing its "stored" value.

It is up to you: you keep your wealth in "so-called-stored-value-fiat-currencies" or in ownership assets, such as gold, silver, land and real estate?

Gold vending machines

Though it is in French and German, sure you get the idea.

next is an interview on FOX News.


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Germany has a history of hyper inflation and massive loss of wealth in 2 wars and currency crisis.

Germans understand the value of gold and are among few countries where citizens buy and keep gold as safe haven.

News media calls it hoarding but I call it: "wise protection of assets"

I am representing the Franchise Opportunity for South East Asia. For enquiries, E-mail jan@ivac.sg
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Government Motors - GM

or "Why I will never buy public stock."

Not that I do NOT believe in having equity, but I'd rather have in in private hands.

Here are share holders who in 2000 had a GM share valued at 94$, even in 2007 still at 40$ and now at less than 75 $ Cents and now 60% is owned by the government, but even the government has no money, as Obama claims now. How does this all add up?

Read here a recent interview with Obama:

http://drudgereport.com/flashocs.htm

Mind you: much of this kind of information is banned from main stream media. Jim Rogers is banned from US TV. That is why he lives in Singapore.

If you have the time: watch this interview with Peter Schiff on YouTube. This is a must see and sums up all you need to know !



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Please share some comments as I have the impression the entire world is sleeping as in the "days of Noah..."

Help.. FED lost some 9 Trillion dollars!

The Federal Reserve cannot account for and has absolutely no clue where the trillions of dollars that have come from the Fed’s expanded balance sheet have gone.

Additionally, nobody there seems to have any idea what the losses on the Fed’s $2 trillion portfolio really are.

Watch this video clip, Alan Grayson asking about the 9 Trillion dollars that the Feds cannot account for.

Amazing that this becomes public but nobody seems to bother about this.. media is more concerned or interested in misinforming the masses.

The world reserve currency is in the proces of becoming literally: Monoply game money, worthless paper and the Chinese Central Banks is getting ear of it. Ha! They may become so mad, they will send 200,000,000 million Chinese to Fort Knox and NYC FED branche to take what is rightfully theirs: The gold bars that are supposed to back up their 3 trillion USD reserves.



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The Big Bubble to End all Bubbles

The biggest financial bubble in history is being inflated in plain sight, said Gerald Celente, Director of The Trends Research Institute.

"This is the Mother of All Bubbles, and when it explodes, it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world."

"Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war," observed Celente.

Read the entire aticle by clicking on the picture above.

Click here to see a recent interview with Gerald on the recession, especially from 4:50 Mins onwards on his view on Gold.



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"Change" by Obama - 17,000,000,000,000 USD deficit to come

Change is what most of us want in the world.

Especially in the USA where the majority of the middle class people saw their wealth depreciate. Either by the "globalisation" which moved their jobs to China and India or their cash savings are being depleted by inflation or simply because the "greed businesses" ( read: banks and insurance institutions - I can hardly call them businesses or companies any longer...) who took their life savings and pension funds and through a clever system of bank instruments rendered them worthless while transfering the wealth to themselves.

Yes, the richer ( read: international banking dynasties, certain industrials and politicians ) are getting richer, ... and the middle class and poor are getting poorer. This what John M. Keynes predicted in 1920. Keynes? Is he not the architect of our modern day economy?

Socialist Obama does not speak about wealth creation, he talks about wealth distribution. If that is not Communism or Socialism, I do not know.
So, you take the money from those who worked for it by taxing them and then use a large portion for yourselves and give $$ away to those who have been put out of a job?

Is that what is all about? So who wins here? The poor who get a welfare check? The international elite bankers and financiers? Or is the middle men who now has to work till he drops and remain a slave to his lenders till he/she dies, and then his children's children have to pay off the debt load?

Remember "The Inconvenient Truth" by Al Gore, who keeps us busy thinking how this by-product of "globalisation" and greed can harm us? It did distract us from what is really happening though!

So watch this "An Inconvenient Debt" about debt by Fox News' Glenn Beck (there are many other interesting clips by Fox News on YouTube if you follow the clip)



and if you have 1:51 hr time to watch this brand new documentary on the "Obama Deception".
Watch or download as it is not sure how long it will be posted on Google/YouTube. Send to as much people as you know ... This type of news is not the kind they show on your TV channels.



Alternatively, paste following link to view in Google, enlarged screen:

http://video.google.com/videoplay?docid=7886780711843120756&ei=ZtTUSdOqNoOOwgOEruSWCw&q=7886780711843120756

Gold for Bread - Zimbabwe

The government in Zimbabwe failed big time.

The economy is in shambles, the currency in deep deflation causing normal food prices to sky rocket.

Most people do not even accept the currency but only gold as medium of payment.

Is this a preview for all of us, of what could happen in the years to come?

Though we should trust more in gold and silver, rather than in paper currencies, the majority of people are now hoarding gold, with the private banking dynasties, their central banks and other links, storing masses of the shiny metal ... What for ?

Will it all end up on the streets, worthless dump as in Revelation 18 ? Or will some of it be used to feed the starving? Not just in Africa, but also in the USA, Europe, Asia..

"If we could only see Mugabe in real, then it would be suffering for him", as the old woman said. I wonder what chaos and social unrest it will create when governments let this happen happen. But same as Mugabe, many of those leaders have amassed themselves a fortune and an army to protect themselves.

Short documentary by Guardian Films on how gold diggers survive on a loaf of bread a day:

watch Gold for Bread: click here


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Ownership Assets - going back to basics.

There are few people that honest in business like Jim Rogers.

He tackles currency policies, governments and knows what he is talking about.

It may not be 'ear pleasing news' for those who are greedy and want to gamble in money markets, funds, stocks and all the other debt based financial instruments.




Click below links to watch some of his recent interviews:

Jim Rogers, CNBC News on buying farming land, gold

Jim Rogers, Indian NDTV on investments in commodities, land en Gold

( PS. the above picture was taken in his New york home, which he sold in 2008 and moved to Singapore. I hope he only sat on the pig and never ate it! )

After the banks...here come the insurance companies

Since March 2008, I have been saying to my friends, that the banking and insurance industry's best days are gone.

The game is over, the biggest "reversed Robin Hood theft" has started.

I also mentioned to many that the next in line were going to be the hedge funds, options and derivatives markets and that in 2009, the big insurance companies would file their losses as they - opposed to banks - do not have the same obligations to do so.

So here is the first big one. Mind you, the loss covers only what was lost in the last 3 months of 2008.

Would one call this a "Ponzi" scheme or "legalized theft"?

Whatever the answer is; some people are loosing their money assets, physical assets and some are gaining them. Same old story a la John Maynard Keynes ...

When will the day come, we will read the same news coverage of massive losses in the pension funds - government and private -, sovereign wealth funds, currency reserves,... ?


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SWF's - stable and good stewardship?

Click this link: TEMASEK to read the full article.

In March 2008, a Singapore government official who claimed a currency crisis - as the one 'predicted could happen' in the USA later in the year - could not hurt Singapore, was asked what tools they have to protect themselves... There was no answer.

One has to wonder why certain people and groups seem so confident that nothing can harm them. Is it because of mere ignorance or misinformation?

When is it going to dawn on people that as long as "Monopoly Men" around the world have the power to print money and extend credit lines as they please, misfortune will always be around the corner for many, but not for those who understand the system. And according to J.M. Keynes (the author of our modern day economy): "only one in a million" understands !!

(click on this link to watch the Google VDO film - duration 47 minutes)

For those who do not (yet) understand, they should go back to their university days and study J.M. Keynes again and read his book "The Economic Consequences of the Peace" , Chapter six in particular. (if you write me with your e-mail address, I can send you the chapter in Pdf file.)

(Buy the book from Amazon.com)

You want to learn how NOT to end up being poor? Invest time to watch this Google VDO, "Millenium Money" , a fantastic but long award winning documentary. A MUST SEE !!!

(Warning: you may have to watch it a few times in order to fully grasp it and be armed for the future)

(click on this link to watch the Google VDO film - duration 117 mins)


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VDO Crash Course Money

Here is a nice crash course to take to get some great illustrations of what money is,
and certainly what money is NOT!

No longer be fooled to run the rat race of money manipulators. Here is some wisdom.

Especially watch chapters 7,8 and 9.

http://www.chrismartenson.com/crashcourse

or on YouTube http://au.youtube.com/watch?v=I0WuQ5-t3xM


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