InvestorMind

Mike Maloney asks Ben Bernanke some important questions about gold and its role as money, along with his thoughts on our fraudulent monetary system.

In 2008 the world experienced one of the greatest financial turmoils in modern history. Markets around the world started crashing, stock prices plummeted, and major financial institutions, once thought to be invincible, started showing signs of collapse. Governments responded quickly, issuing massive bailouts and stimulus packages in an effort to keep the world economy afloat. While we’re told that these drastic measures prevented a total collapse of our system, a growing sense of unease has spread throughout the population. In the world of finance, indeed in all facets of modern life, cracks have started to appear. What lies ahead as a result of these bold ‘money printing’ measures? Was the financial crisis solved, or were the problems merely ‘kicked down the road?’

Over the past four weeks, the prices of gold and silver have experienced a major decline once each week. Last week, the suppression occurred on Friday, April 13 during the last 15 minutes of COMEX trading, between 1:15 and 1:30. How is it possible to identify this event as a manipulation rather than just the actions of a free market? Unfortunately, that is becoming quite easy to detect. Significant price moves resulting from market developments rarely occur in a vacuum. If investors were worried about falling demand for commodities, you would see price declines in a number of industrial metals as well as precious metals. If investors perceive a greater likelihood of another round of quantitative easing, the value of the dollar would tend to drop as US stock markets rise with gold and silver prices. Last Friday, there was no particular news that should have led to a major impact on gold and silver prices. There were no sympathetic moves in other markets in conjunction with the...

Jim Grant is simply brilliant in this must watch interview with CNBC's Maria Bartiromo, which we won't spoil with commentary, suffice to provide the following pearl of an exchange: Maria Bartiromo: "What are the alternatives?" Jim Grant: "Capitalism is an alternative for what we have now. I highly recommend it." Maria: "We all do." Grant: "No we don't." Maria: "The Federal Reserve may not." Grant: "We ought to be discussing an intelligent move to a sound currency by which i mean a currency that is based on a standard and not at the whim and the discretion of a bunch of mandarins sitting around Washington D.C." In other news, Joseph Stalin has never been happier in his grave that Ben Bernanke has decided to shoulder the legacy of central planning and is firmly committed to proving that where Vissarionovich failed, the ChairSatan will succeed. At any cost. Original source

HIGHLIGHTS: Both gentlemen agree that world is witnessing a "currency war" - competitive devaluation of currencies to steal export share. Schiff argues that the only way to win the game is not to play. Rickards says the euro is likely to come out strongest. Rickards draws attention to the International Economic Emergency Powers Act, a current US law that would give the US president authoritarian control of the economy in case of an extreme collapse. Schiff thinks such a disorderly collapse is on the horizon. Schiff thinks the US is unlikely to return to a gold standard in the near future, while Rickards thinks it is too effective a solution to be overlooked - even by Keynesians. Both are bullish on gold as an investment. Rickards was tapped to teach the Dept. of Defense how to wage war using monetary policy, but doesn't think current US policies are meant to deliberately undermine foreign governments. Both gentlemen agree that the best solution continues to ...

http://usawatchdog.com/ - Print baby print—you wonder why gold has been rising in price? The Fed announced this week it may stimulate the economy soon. The so-called "recovery" looks like it's on the rocks, and that's why the Federal Reserve also announced its near zero interest rate policy will be extended through 2014. Billionaire investor George Soros is scaring the heck out of everybody with his dark comments about the economy's possible collapse, and riots in Europe and the U.S. he thinks are coming. He actually said he's worried about "survival." Things must be getting pretty bad if he is saying this type of stuff publicly. The Middle East is a mess with ongoing revolts in Egypt and Syria. More sanctions are hitting Iranian oil, and Iran is, once again, threatening to close the Strait of Hormuz. About 20% of the world's crude oil is shipped through this narrow passageway every year. Closing it will most certainly bring chaos to a very fragi...

There's been a massacre in gold and silver last week. Gold is down over $60 at $1568 as of this writing and silver down $2 at $28.78 on December 14, 2011. If gold and silver is the protection against inflation and excessive money printing. Why are gold and silver prices being hammered? Here's my theory. I think what we're seeing is similar to what happened in 2008 when the financial crisis hit. Everyone had to raise cash to keep their company afloat. Since most if not all paper assets are down, the only one left to sell is gold and silver which the only asset class that's been up in the last 3 years. Of course there are those who say that the paper markets in gold and silver are manipulated by JP Morgan and HSBC. There's that to. There's another one I've been thinking about. I'm reading a book called " Currency Wars " by Jim Rickards, a book about the currency markets and had a part on how President Franklin D. Roosevelt made it ille...

Dec. 16 - Rob Cox is joined by James Rickards, author of Currency Wars, and Breakingviews columnist Martin Hutchinson to discuss how a global competition to devalue currencies can be avoided.

Rumor has it that Germany is re-introducing the Deutschemark and have already started printing the new currency.

How does the Federal Reserve work? How is money created?

A seminar by the author of "Guide to Investing in Gold and Silver" about economics, credit, money and economic bubbles. Very good and simple explanation.