A very long but very interesting conversation with Chris Hedges. The fact that guys like Hedges are not Libertarian always reminds me of why real positive political change is very unlikely to ever happen. That’s because the only real change is moving beyond government…getting rid of the guys with the guns…get rid of the guys that make the rules but are above them.
This is an interesting chart and article showing how well a hypothetical fund that shorts gold during the day (US) and goes long overnight would have performed over the last decade.
If you think a guy like Lindsey Williams is some sort of nut when he says paper fortunes will be lost in the coming economic reckoning, well, just consider this: it just happened with the collapse of MF Global. Gerald Celente had money with MF Global, and now it is in limbo. Celente was using futures to take physical metal delivery, which is usually a smart, cost effective way to buy physical bullion. But this time it was a problem. Overall, it just goes to show that while paper assets may be easier to own and trade than physical, it also shows how easy it is for paper to evaporate into thin air overnight.
This is a cool interview with Jeffrey Berwick of dollarvigilante.com. And if you don’t want to read it you can listen to it using the video below, starting around the 8 minute mark. However, this video is only part one of two (2 isn’t up yet as of me posting this).
Introduction: Mr. Berwick is an anarchist, libertarian, and freedom fighter against mankind’s two biggest enemies, the state and the central banks. Jeff is the host of Anarchast, an anarchist video podcast, and is a contributing editor at many of the world’s largest financial and precious metals related websites. The Dollar Vigilante (TDV) is a joint-venture publication founded by two respected free-market speakers and analysts in the financial sector, Jeff Berwick and Ed Bugos. In 1994, Jeff Berwick founded Canada’s largest financial website, Stockhouse.com.
Lindsey Williams has new information about the plans of the global elite. And whether what he says and predicts is 100 percent right, I don’t know. But I do know that what he tells people to do is stuff I already do, so I like hearing his updates. They help motivate me.
Some Highlights:
2012 will be the most startling year in 2000 years.
Buy silver and gold bullion because it might be needed to pay taxes. Even if you have no debt, you could lose your home if you don’t have a means to pay your taxes. Have enough to pay taxes for 3-5 years.
Gas prices will eventually rise big.
Paper fortunes, like those in bonds and stocks and bank accounts, will be lost in 2012.
Social Security and Welfare like Food Stamps will continue until the US defaults on its debt, which is perhaps 3 years away. US will be like Greece within 3 years.
The elite want to create as much debt as possible before the collapse. Then they’ll own as much as possible after the collapse, including entire countries. Greece will default.
The elite want to keep people afraid because fear shuts down thinking (terror threats).
Silver and gold prices have been brought down temporarily so the elite can load up. According to Lindsey, 737,000 Silver Eagles were sold by the US mint in one day October 1. The elite only buy things cheap. And they need to convert the money they’ve made recently into gold and silver. Don’t expect this sale to last more than a month or two.
The elite are 3 months behind in their timeline, much due to Gaddafi.
Syria is next to fall in the Middle East, then Saudi Arabia.
Update: December 2011
Expect a conflict with Iran. Probably later in the year 2012.
U.S. is going to provoke Iran until it fires the first shot so-to-speak.
The Iran conflict will get the blame for the planned economic implosion that will follow.
