14 December 2011

"*US official public debt has now passed $15 Trillion and is now roughly equal to 100% of GDP. *Greece has effectively defaulted with Italy, Portugal and Spain close on its heels leaving a euro-breakup imminent. *The markets are being prepared verbally for QE3 by the Fed governors, even while QE light and The Twist continue. " Silverdoctors

http://silverdoctors.blogspot.com/2011/12/blood-is-in-streets-time-to-review.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Silverdoctors+%28SilverDoctors%29

Iran propositions Saudis, seeks anti-US pact, offers nuclear cooperation

http://www.debka.com/article/21567/

Bernanke Tells Senators of Europe Risk to U.S., Johanns Says

http://www.bloomberg.com/news/2011-12-14/bernanke-tells-senators-of-europe-risk-to-u-s-johanns-says.html

Goldman Loses at Least 37 Partners

http://www.bloomberg.com/news/2011-12-14/goldman-loses-at-least-37-partners-in-weakest-year-since-2008.html

Bernanke Signals Fed Ready to Ease on EU Risk

http://www.bloomberg.com/news/2011-12-14/bernanke-signals-risks-from-europe-crisis-keep-fed-ready-for-more-easing.html

QE to Infinity is unavoidable due to The Formula in action.

http://www.jsmineset.com/2011/12/13/jims-mailbox-829/

Insight: MF Global puts harsh light on self-regulation

http://www.reuters.com/article/2011/12/14/us-mfglobal-regulation-idUSTRE7BD1WE20111214?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29

Capital Account: Gerald Celente on his Missing MF Global Money and the COMEX Gold Ponzi (12/13/11)

"For the last 100 years currencies are down between 97% and 99% against gold." Currency Collapse, Hyperinflation & Social Unrest Egon von Greyerz

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/14_Von_Greyerz_-_Currency_Collapse,_Hyperinflation_%26_Social_Unrest.html

Wednesday Weakness – Can We Survive Without QE3?

http://www.zerohedge.com/contributed/wednesday-weakness-%E2%80%93-can-we-survive-without-qe3?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Bernanke Is "Very Concerned" About Europe, Won't Bail Out European Banks

http://www.zerohedge.com/news/bernanke-very-concerned-about-europe?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

The end of the EU

http://www.goldmoney.com/gold-research/alasdair-macleod/the-end-of-the-eu.html

The euro as saviour from an inflationary fate?

http://www.cobdencentre.org/2011/12/the-euro-as-saviour-from-an-inflationary-fate/

Last week in Europe – Some thoughts on the ongoing crisis

http://www.cobdencentre.org/2011/12/last-week-in-europe/

All That Glitters...Will Not Solve Europe's Debt Woes European governments have a lot of gold. But that won't be much help.

http://online.wsj.com/article/SB10001424052970203802204577066641295941430.html

Bernanke Signals Fed Ready to Ease on EU Risk

http://www.bloomberg.com/news/2011-12-14/bernanke-signals-risks-from-europe-crisis-keep-fed-ready-for-more-easing.html

Confusion Follows Claim That Corzine Knew of Funds Transfer

http://dealbook.nytimes.com/2011/12/13/confusion-follows-claim-that-corzine-knew-of-funds-transfer/

Marc Faber Dissolve the EU for Economic Growth

"However, gold has the desirable characteristics that we all want the means of payment to have. Primarily, it is stable in monetary value. It has other desirable characteristics as well, such as being easy to store, infinitely divisable, a chemical element, compact and of high value, and so forth. This is why we say that “gold is money,” and it is why gold has so often been the foundation for successful monetary systems for the last five hundred years." Nathan Lewis

http://www.forbes.com/sites/nathanlewis/2011/12/01/returning-to-the-basics-what-is-money/

China Economy Faces Rising Risk Of "Substantive Slowdown": Conference Board

http://www.rttnews.com/ArticleView.aspx?Id=1780768

Why invest in silver and gold? What's in that?

http://www.commodityonline.com/news/Why-invest-in-silver-and-gold-Whats-in-that-44391-3-1.html

”The Fed is “lying to us,” he stated, “One reason the markets are holding up so well is that they are printing money as fast as they can. Although not officially recognized, "there is QE3, the Fed is pumping money into the system," says Jim Rogers

http://www.bi-me.com/main.php?id=55682&t=1&cg=4

"Easy money is the heroin of the financial world and we’re the main pusher. Generally, the pusher wins arguments with his addict clients, so expect a coordinated US/Europe quantitative easing that dwarfs even the Fed’s secret loan program of the past few years, and expect it soon. Get ready, American and European taxpayers. You’re about to become proud owners of several trillion dollars of slightly used Greek and Italian credit default swaps. Merry Christmas!" by John Rubino

http://dollarcollapse.com/euro-2/europe%E2%80%99s-problem-america%E2%80%99s-solution/