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LinkedInThe past couple of days I've been blogging about our old friend, the Bearer Bonds scandals, and yesterday I happened to mention once again the curious amount of gold in the world, or rather, the curious fact that no one seems to know an exact figure. Well, I ran across this article and a few of you here found it as well, and I find it curious for any number of reasons, not the least of which is the amount of gold it mentions, which is yet another new figure. What made me sit up and take notice however, is that its author, Eric Sprott, is the manager of a ten billion dollar fund... so when … [Read more...]
THEY’RE BAAACK: OF BEARER BONDS, HURRICANES, AND SHADOW BANKING: PART TWO
November 25, 2012 By
Yesterday, you'll recall, I pointed out the inconvenient resemblance of the New York Post's picture of a one hundred million dollar Federal Reserve bearer bond, and that associated with the Filipino Bearer Bond Scandal, and the inconvenient questions it raised (and let's be honest here... you all thought of these questions too): Were the soggified hurricanized $70,000,000,000 bearer bonds on Wall Street any portion of the bonds from the Japanese, Spanish, Italian, or Filipino Bearer Bonds scandals? If so, how the heck did they get into the vault of the Depository Trust and Clearing … [Read more...]
DAILY BELL: DEBT JUBILEE SET TO BECOME A MAINSTREAM MEME
November 1, 2012 By
This past week I've been talking a lot about gold, Germany, and geopolitics, but there's another side to this financial coin - if I may be permitted to stretch the metaphor - and that is the fiat money/debt jubilee debate currently occurring, albeit, somewhat quietly at present: Debt Jubilees and Memes ... Once again, one has to be in admiration of The Daily Bell for pointing out the emerging memes of the world we are entering into, and for placing certain key ideas on the table for discussion, in this case, debt repudiation/jubilee, and the nation-state. And, to a certain extent, they … [Read more...]
NEWS AND VIEWS FROM THE NEFARIUM SEPT 13, 2012
September 13, 2012 By
Joseph comments on his absence last week, directs your attention to some articles and interviews by Catherine Austin Fitts, and comments on a recent Daily Bell Article about the gold standard: For the articles referred to in the video blog, see: Dillon Read and Co and the Aristocracy of Stock Profits Unpacking Mr Global Pt One Unpacking Mr. Global Pt 2 … [Read more...]