Tag: history

How Gold Could Save America from Nazi Theory

Keynesian economics is the root of economic problems for most countries around the world today. So it’s important to understand both what Keynesian economics stands for and what the opposing brand of economic thinking called Classical economics maintains. In a nutshell… Classical Economics: Keynesian Economics: Thrift, hard work, and productivity are virtues. The classical gold standard restrains the state from inflating and provides a stable monetary environment in which the economy can flourish. Government should strive for balanced budgets and fiscal responsibility. The state should adopt a general policy of laissez-faire of non-interventionism in economic affairs: low taxes, free trade, and minimal bureaucracy. Production is more important than consumption. Say’s Law: Supply is more important than demand since supply of one good creates the demand for another. An increase in savings can contract income and reduce economic growth. Consumption is more important than production, thus turning Say’s Law upside down. There is no need for a gold standard; fiat currency is preferable. Demand is more important than supply. Teaches that governments and politicians can be trusted. It’s no wonder politicians love Keynesian economics over Classical economics. To control the economy, most governments around the world have been using Keynesian economics for the past 75 years. It is the only economic thought that is taught in the schools and universities. “They” want us to believe they are wise and intelligent souls who know what is best for us. But nothing could be further from the truth throughout most of economic history… Read this quote from Adolf Hitler, who openly embraced Keynesian ideas: Gold is not necessary. I have no interest in gold. We will build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration camp. That’s the bastion of money. The Nazis’ economic success when Hitler first came into power was a result of Hitler cooking the books. The rest of his time in power goes down in history as one of the worst atrocities in the history of mankind. Only two other twisted power-seeking devils in the annals of time are responsible for the killing of more people than Hitler &mdash…

Continue Reading »

Bottomline Technologies (NASDAQ:EPAY) Shares Soar on Strongest Orders in History of Company

Shares of Bottomline Technologies (NASDAQ:EPAY) were up over 12 percent on the day, as they came of their best quarter for orders in the history of the company. Needham says, “Bottomline posted by far the strongest orders quarter in the firm’s history, which is indicative of the strategic value that Bottomline provides its financial institution customers. Additionally, Q2’s robust orders

Continue Reading »

Oil shocks and economic recessions

Filed in BP, Gold Investing, Gold Prices, o by on January 15, 2011 0 Comments

I’ve just completed a new research paper that surveys the history of the oil industry with a particular focus on the events associated with significant changes in the price of oil. Here I report the paper’s summary of oil market disruptions and econo…

Continue Reading »

Horizontal Drilling Makes for Vertical Profits

Filed in BP, Gold, GOld juniors, lead, o, Royal Dutch Shell, target by on January 12, 2011 0 Comments

Few would like to admit it, but the history of the modern world is written largely in oil. From the Allied victory in World War II to the never-ending struggles in the Middle East, the quest for crude oil can be found at the center of it all. You may not have read about it in your history textbooks, but trust me — oil has always been there lurking as the story behind the story. And if you read between the lines, you’ll find it everywhere you look. Dark and gooey, it is the single common thread that binds the world as we know it. American ingenuity Contrary to popular belief, the oil story didn’t begin anywhere near a Texas oilman… The oil industry’s roots are found in the Quaker State, otherwise known as Pennsylvania. It was there in 1859 that Edwin Drake first tried out a new invention, changing the world in the process. His brainstorm? To drive a pipe down the well to keep the hole from caving in. Pay dirt for Colonel Drake came 70 feet beneath the surface in Titusville, making him the first person to ever successfully drill for oil. With that single well, the Pennsylvania oil rush was born. Speculators from all over the place gobbled up land in the name of crude. One of them was a guy you might have heard of. His name was John D. Rockefeller, Sr. — the world’s first billionaire. Some 152 years later, a similar new technology called horizontal fracking is having the same exact effect in areas like the Marcellus Shale, the Barnett Shale, and the Bakken Formation, to name a few. This all began with another guy you’ve probably never heard of. His name is Richard L. Findley. A geologist and wildcatter by trade, Findley unlocked the oil and gas from the Bakken formation long after Royal Dutch Shell, Gulf Oil, and Texaco Co. had packed up their gear and abandoned the site. That left a mother lode of oil and gas that had yet to be pumped, leaving billions of dollars underground. They’d missed an underground river of high-quality crude that was, according to Findley’s estimation, 50 miles long and 12 miles wide. The bigger question, though, was how to actually get at it… Working with Lyco Energy Corp. and the drilling expertise of Halliburton, the Findley group finally managed to solve that puzzle, too. In May 2000, they cashed in using computer-controlled rigs…

Continue Reading »

Reversal of Fortune

Filed in BP, euro, Gold, Gold Market, lead, o, target by on January 5, 2011 0 Comments
Reversal of Fortune

You know we just don’t recognize the most significant moments of our lives while they’re happening. Back then I thought, well, there’ll be other days. I didn’t realize that that was the only day. — Archibald “Moonlight” Graham, Field of Dreams “Watch out young fella, it’s always the second person who gets hit,” said Junior, an old, grizzled, barrel-bellied Texas wildcatter who now spent his days recounting his legendary successes and failures at the only gas station in the town of Desdemona (which also doubled as the town’s only restaurant). “Huh?” I was bewildered. “Rattlesnakes, son. These fields are crawling with rattlers… some of the biggest in the state. As long as your body,” he said. He was right. I looked on the wall inside the restaurant, and there was an old picture — looked to be from the 1970s — of Junior holding up a dead rattle snake, easily six feet long. He continued, “Just remember, if you come across a rattler, the first guy usually startles the snake… And by the time it’s ready to strike, the lucky bastard is already out of range. But when the second poor son of a bitch comes along, the snake is ready for Freddie. Bang!” I nodded and thanked Junior for the inside tip. It was July 2005 in Desdemona, Texas, the southernmost tip of the Barnett Shale. I came with a group of investors looking to buy some parcels that hadn’t been snapped up by the biggies like XTO and Devon. Land in the Barnett was still relatively cheap, especially on…

Continue Reading »

CDC knowingly used false data – D.C. water may still be contaminated by dangerous levels of LEAD

Filed in Bank Gold, lead, o by on December 1, 2010 0 Comments

Thanks, Centers for Disease Creation… from my WP email alert and to think I just finished showing a friend moments ago History International’s The Crumbling of America about our failing infrastructure, saved on the DVR. Important Doc even with the global warming part and that jackass Meigs using it as a vehicle for street cred in the science sector after managing the Popular Mechanics hit piece on 9/11 researchers so long ago now. …The water in almost 15,000 D.C. homes that were repaired during a massive effort to remove lead pipes may still be contaminated by dangerous levels of the metal, according to a report released Wednesday by the Centers for Disease Control and Prevention. …The findings are a sharp reversal by the federal health agency, which initially claimed that they found no evidence that spikes in the level of lead in the water had harmed D.C. residents. A congressional inquiry concluded in May that the CDC knowingly used false data in making a “scientifically indefensible” claim that the water was safe to drink. Glad I have my two Berkey’s here in Washington, DeCeit. Extra lead is added to Capitol Hill, hence the finding and concern, otherwise no Washington Post alert, me thinks.

Continue Reading »

Almost 100 Puerto Rican law officers arrested

Filed in Gold by on October 6, 2010 0 Comments

Nearly 100 current and former Puerto Rican law enforcement officers were arrested Wednesday on drug-related charges as part of the largest police corruption investigation in the history of the FBI.

Continue Reading »

Stocks Blithely Ignore Traditional Warning Signs

Filed in Gold, goldman sachs, shares, silver, silver futures by on September 29, 2010 0 Comments
Stocks Blithely Ignore Traditional Warning Signs

(I wrote here recently that the stock market is almost completely driven these days by algorithmic trading and prop-desk automotons who couldn’t care less about whether the ups and all-too-infrequent downs of the broad averages accurately reflect “reality.” Following is a post from the Rick’s Picks forum by “3 Lions” that nicely frames the insanity of it all. The theme is especially timely given the mini-flash crash perpetrated in bullion Tuesday night. This brazen, quasi-criminal shakedown not only allowed DaScumballs –aka the Night Shift – to steal gold and silver futures for far less than they were to fetch later that morning in more liquid markets, but to pick off widows and pensioners in some key stocks that trade round-the-clock, such as Apple, IBM and Google. RA) Unequivocally, we have reached a watershed in the history of the U.S. stock market and therefore global stock markets. Never mind whether traders or investors are making money or not; the stock market has now become nothing more than a casino where the “table” almost always wins. Business-news channels in the USA are nothing more than offshoots of Hollywood sitcom studios which 20 years ago would have been rejected for children’s TV as being too dumbed down. The U.S. stock market has become so far detached from reality that justifiably it cannot be called a stock ”market.” Those of us who believe that one of the best ways to keep proper tabs on the financial charade is by perusing the consistently accurate touts in Rick’s Picks should spare a thought for those still bogged down in ancient trading methodology, such as Elliott Wave

Continue Reading »

The Best Track Record in History?

Filed in Gold, Gold Market by on September 27, 2010 0 Comments
The Best Track Record in History?

This could be one of THE best track records around… unmatched and unrivaled by most. And it may just explain how Curtis S. just made $16,000 in 30 days. “I have to tell your skeptics that in the last 30 days I have made $16,000 dollars using one of your products… pure asset trader,” he says. The best part about it was I did it on a free 60 day test run. The returns are tremendous to say the least!! It’s great getting up at 6:30 am and watching my portfolio grow all day long by $500 per day. I have been out of work for 2 years and can now hold my head up again and better yet, pay my bills!! Thanks You guys are on it!” Check out our complete track record below… Shouldn’t your portfolio look this good? It always can… The Best Track Record in History? originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

Continue Reading »

Inflation, Deflation and Stock Performance

Filed in Bank Gold, deflation, inflation, recession by on September 4, 2010 0 Comments

Filed under: Major Movement , Forecasts , Newsletters , S and P 500 , DJIA , Recession “While traditionally many investors worry about the potential effects of runaway inflation on stock prices, lately others worry more about the potential effects of deflation, a falling price level,” observes Mark Salzinger . “There’s certainly plenty of common sense behind worries that either deflation or significant inflation would be bad for equity prices, but does the history of stock prices agree?” asks the editor of No-Load Fund Investor . “We believe that for the next year or two, likely low demand for loans and considerable slack in employment and capacity utilization greatly limit the possibility of rapidly increasing inflation. The odds of deflation are higher, but still not high. Continue reading Inflation, Deflation and Stock Performance Inflation, Deflation and Stock Performance originally appeared on BloggingStocks on Sat, 04 Sep 2010 12:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

The Real Story – Pre 9/11 History

Filed in Gold by on September 1, 2010 0 Comments

Because it’s 11 days before the 9 year anniversary of the “False Flag” attack known as 9/11 here is some Pre-9/11 History for those who still believe the official lie. The Real Story

Continue Reading »

Endless War, Humanitarian Crisis, and Perpetual Resistance: U.S. Foreign Policy in the 21st Century

Filed in Bank Gold, gld, Gold by on August 29, 2010 0 Comments

In neglecting to cover the process and impact of the Pakistan war, the U.S. media has ignored or recorded in a perfunctory manner (often as add-ons to Afghanistan coverage) major developments in this war, particularly the humanitarian crisis it has created. One vivid, pregnant, and immensely significant instance of this casual treatment of events that alter the history of the host country was the coverage of a recent United Nations report focused on a single campaign in the Pakistan war. The Associated Press[3] reported it thusly: “More than 200,000 people have fled Pakistan’s latest offensive against Taliban militants in the northwest, the United Nations said Monday, as fresh clashes in the remote region killed 41 insurgents and six soldiers.” Later in the article, it emerged that this major displacement in a single region—running at about 50,000 displaced per month—was matched by other campaigns in nearby areas, with a total, according to the United Nations, of 1.3 million refugees “driven from their home by fighting in the northwest and unable to return.”

Continue Reading »