I seem to remember that after ww1 THAT GERMANY HAD TO PAY REPARATIONS  that were impossible to pay because the opposition had carted off from Germany whole factorys and anything of value or income producing machinery that could be sold was takin from them .Reparations were no different than debt …..

So what did the Germans do in their desperation ..they printed money into hyper Inflation and were paying with Paper printed until it had NO value and it took a wheelbarrow of money to buy a pair of shoes ,some even burnt it for fuel to heat the house it was so cheap.THe end result was the German voters elected a Strong man who promised to restore German dignity.His name was Hitler and he did restore Germany and he did stop inflation….but,,,,

Germany forced Greece to go into debt DURING WW2 at the point of a Gun   ….

Greeks are not so desperate yet !  but… they did elect a Communist !    So where will this lead ?  Germany be carefull what you ask for …You might get it !

A unexpected Leader might emerge from Greece …

The Greeks do understand Finance ..Onassis,Jamie Dimon (JPMorgan),many billionaires and millionaires are Greek …..Push them too hard and they could finance a leader in Europe not to German liking or sign treaty’s with Pootie  in exchange for a military base in Eastern Mediterranean …

They already signed deals with CHINA for Ports in Piraeus that could open a flood of Chinese imports into Germany’s manufacturing base….

Be carefill what you ask for Germany !  Germans have a fault of NOT knowing when to STOP …..Its not enough for them to defeat someone they want to Humiliate them.

THATS  A BAD IDEA !   ! …

I was in Kauai a couple years ago and was really turned off by all the plastic and other clutter people are carelessly scattering around the island. Such a beautiful paradise but occupied by too many thoughtless people/tourists. Most every shady site along the beach had to be cleaned up so we could enjoy it, and going barefoot was downright dangerous with so many foreign hidden things buried in the sand. If people treat where they live like they do when they are on vacation I can see why this world is heading into the crapper.

I’ve always considered myself an environmentalist and believed I was doing my part, but back when my daughter was 6 years old I threw a small 2 inch square of cellophane from a small wrapped mint out the window of our car and was told by my daughter that I was a litter bug. HUH?? A 2 inch piece of cellophane?? But she was right and I was wrong. That was the LAST time I let anything in the way of litter leave my person except in the trash or recycle. From the mouths of babes but a good lesson for dad!! Imagine 8 Billion people doing that same thing or worse every day……but of course it requires no imagination as that video showed an insurmountable deluge of debris around the earth polluting the environment through their carelessness or unconcern.

STARBUCKS…Dear Mr Schultz  Your rhetoric dosent match your numbers..when 17% of your stores are in Hispanic neighbourhoods and 13 % of your stores are in black neighbourhoods you might get some credibility ..they are NOT.

Cities with NO Starbucks Stores  1,East St Louis,Illinois (98% Black) ..2.Highland Park ,Michigan (94%black) ,3.Benton Harbor,Michigan 90% Black)

4.Gary Indiana (85 %black)  5.Selma Alabama (80 % Black)  6. Baldwin Hills California (79%black)  ..FERGUSON,MISSOURI (65 % BLACK)

WATTS California (37 %)Black ..    Please show us by putting a STORE in FERGUSON that your RACE conversation will have a beneficial effect….Police do like to drink coffee and even Donuts  ….You KNow !

You seem to have a Preacher Complex or a Moral Persuasion ,..God Complex …….Your stores are clean,your employees are polite,your products are decent ..the coffee is not the best(Dunkins is better),but its ok…

But what we don’t need is moral lectures ,race baiting with the coffee ..it diminishes from the atmosphere of a coffee Shop.

You may Pretend  your leading us to the Promised Land  ,but your direction is suspect…when I follow the money  ..it points to the LOCAL BANK …

Some of the most vocal environmentalists I met back in Hawaii were the Surfers!  They swim out there, and are the first to find the crap that floats in the ocean.  Regular clean-up crews go out to the Midway islands… the NorthWest Hawaiian archipelago… to clean up the reefs entangled with fishing line, ropes, and nets and haul tonnage of waste back to Honolulu.  Small chips of floating plastic of all types washes up on the shores out there, at the bird sanctuary islands.  The birds, thinking it is food, eat the plastic chips.  Now their stomachs are engorged with plastic that they cannot eliminate, and die of starvation.

I stopped using Crest “Pro-Health” tooth gel when I found out it has micro-beads of plastic that does not decompose and is also found floating in ocean water now.  Several of the Hawaiian islands have banned plastic grocery bags now, and the ban is coming to Honolulu soon.  When these things fly into the ocean, the endangered sea turtles mistake them for jellyfish and ingest them and choke.

Mid-continent people have no idea how much this stuff makes it to the ocean and pollutes it and kills marine life.

This documentary is about the environmental abomination of what plastic is doing to our oceans and us should be highly instructive to one and all. Educators …

https://www.youtube.com/watch?feature=player_embedded&v=kmGF7kQatok

then I guess we can call Obummer a Sap, just like his mate Camermoron !!!!!!!!

On a serious note, it can’t be too long before the Sap’s ( see above ) ineptitude, takes down all this supposed US financial strength……but of course all the others are equally bad…..which may mean……PM’s as a last redoubt !!!!!!

Cheers

US “Loses” $500 Million In Weapons Given To Yemen, Now In Al-Qaeda Hands

http://www.zerohedge.com/news/2015-03-23/us-loses-500-million-weapons-given-yemen-now-al-qaeda-hands

March 23 (Reuters) – Chile’s Environmental Court ruled on Monday that Barrick Gold Corp’s Pascua-Lama gold and silver project has not damaged glaciers within its “area of influence”, the Toronto-based gold producer said.

Barrick said it remains committed to working with stakeholders in local communities in Chile to advance the project in an environmentally responsible manner.

No gym fees either. :o) I’ve often thought people would get into better shape if they would just go out and pick up garbage and trash from the roadsides rather than pay for their gym pass….or just as good, plant and care for a garden.

A Sap here is a gullible fool or dupe.

large offers on GDX……sigh !!!!!

PS my system shows bid/offer sizes in GDX most of the time @ 50, when busy it goes to hundreds, 500/800 is a huge amount….someone is showing 3500 plus offered at 19.71…….these ETF’s are our undoing. as the Scum can short them in unlimited Vol and never settle !!!!!

(NaturalNews) I wish I could download to your brain everything you need to know about the European Crisis unfolding right now. The possibility of the breakup of the European Union could be the spark that sets off the global debt implosion that leads to violent conflict across the globe.

The actions of Greece, it turns out, could set off a chain reaction that leads directly to a Wall Street panic and the “bail-in” seizure of your savings accounts at your favorite hometown bank. It could also radically destabilize eastern Europe, heightening the risk for conflict between Russia and western European nations (including NATO members like the United States).

To understand why this is, we first need to grasp the basics of European history. The average American, unfortunately, knows virtually nothing about European history. But that might be asking too much, since the average American also knows nothing about American history, either. Fortunately, this article is written for exceptional Americans who are far better informed than the average Joe.

Socialism keeps running out of other people’s money

Greece is bankrupt. Like all socialist states, it has “run out of other people’s money,” and in this case the “other people” are primarily the German people. Modern-day Germany is the economic miracle of Europe, having risen out of the ashes of World War II, defeated and shamed, to reclaim its role as the single most powerful nation in Europe. What Germany once commanded with its military might, it now commands with its economic miracle machine.

The German people are smart, diligent, innovative and quality-minded. But they’ve grown weary of bailing out the miserably inefficient government spending of Greece and what they see as a “culture of incompetence and corruption” in that nation. (Can you blame them?) When Germany demanded Greece cut its government spending through austerity programs, the Greek people elected a radical, inexperienced new government into power that declared the austerity cuts to be implausible and refused to play ball with Europe’s central bankers.

Right now, Germany and Greece are in a dangerous game of chicken, with Greece saying it won’t repay its debt obligations to European banks because those very same central banks functioned as criminals that unfairly exploited the Greek economy through dishonest imperialist debt schemes. Yes, there’s a long story here involving Goldman Sachs, mafia banksters and dastardly financial ploys that crippled Greece’s economic future, but that’s all too much for this short article.

A Greek exit could unravel a cascade of debt

At stake here is the future of the European Union. If Greece pulls out — a scenario now called a “GRexit” — most observers believe the European Union will crumble soon after. To call such an outcome catastrophic is a vast understatement. It could cause a massive global unwinding of debt-ridden nations and their banks, potentially leading to a cascading global debt collapse that would very quickly find its way to American shores.

First, as the collapse spread like a virus across Europe, capital would flee to the U.S., causing an unprecedented blowout skyrocketing of U.S. stocks. Soon after, the U.S. stock market would crash hard as even U.S. banks became insolvent due to their exposure to the cascade of European bank failures. (All the globalist banks are strongly intertwined at this point…)

But this isn’t even the interesting part yet: Greece is now correctly asserting that Germany has never repaid its war debts to Greek central banks. During the war, the Nazi regime forced the Greek banks to loan it money (at gunpoint, the same way the CDC wants to force Americans to take vaccine shots). These loans accrued over many decades, never being repaid. Instead of repaying the debt, Germany’s politicians have attempted to memory hole the issue, pretending that fundamental principles of debt and accounting don’t apply wherever the political elite say they don’t. But according to this extraordinary article in Der Spiegel, “The commission calculated the outstanding German “debt” to the Greek central bank and came to a total sum of $12.8 billion as of December 2014.”

Germany, in other words, owes Greece $12.8 billion on a debt dating back to the era of Adolf Hitler. Greece is now demanding repayment of this debt as an implied condition of it staying in the European Union. $12.8 billion isn’t pocket change. Not even for Germany. And the willingness of the German people to keep funneling money to Greece is rapidly eroding.

Beyond that, there’s also the issue of a few hundred million dollars worth of gold stolen by the Third Reich. As Der Spiegel reports:

Karakousis spent five months reading 50,000 pages of original documents from the central bank’s archives. It wasn’t easy reading. The study calculates right down to the gram the amount of gold plundered from private households, especially those of Greek Jews: 7,358.0014 kilograms of pure gold with an equivalent value today of around [$250 million].

It seems the Greeks want their gold back… or at least a currency equivalent of all the gold that was stolen from them. And now this has become an issue with huge implications for the future of the world.

Why does any of this matter, you say?

A collapse of the European Union would catastrophically destabilize all of Europe

What most Americans don’t realize is that Europeans have very long memories of crimes against their people. These memories are passed down from generation to generation and can’t simply be greenwashed out of the history books.

The European Union was formed on the hope and assumption that people from an incredibly diverse array of cultural backgrounds might forgive the past and surrender to cultural homogenization as “Europeans.” But the hope turned out to be false. The people of Greece in 2015 still remember the crimes of Nazi Germany from 1943, even long after they have been officially absorbed into the European Union. And now that memory may very well result in the shattering of the European Union itself.

If the European Union crumbles, Europe will see a wave of regional wars breaking out over so-called “borderlands” and strategic nations like Ukraine. The fall of the European Union, in fact, would likely embolden Russia to be even more assertive in the Ukraine as it attempts to defend itself from America’s ever-encroaching military bases which now occupy most of Russia’s border states. (Why did Putin put his country so darn close to all our military bases? Geesh…)

Russia, you see, must maintain strategic control over these border states in order to export its primary resource: energy. Germany, meanwhile, must maintain strong economic ties with wealthy nations that can afford to import Germany’s high cost value added exports — the backbone of the German economy. A shattering of the European Union would destabilize both Germany and Russia for these two reasons (exports of energy and exports of manufactured goods), reigniting the same sort of fears and insecurities that drove the German invasion of Russia in World War II. That invasion was a strategic move to occupy Stalingrad not for the city itself, but because the city was a gateway to the enormous energy and strategic resources of Mother Russia, which Hitler needed to fuel his thirsty war machine.

NATO and Germany are militarily weak

Today, Germany has no military to speak of. Russia, on the other hand, is re-emerging as a very powerful military force with considerable leverage throughout Western Europe due to its energy pipelines. NATO, meanwhile, exists in name only and is primarily backed by the threat of military force from America, a nation bogged down in endless (and pointless) military action in the Middle East.

While America was defusing roadside bombs in Afghanistan, Russia was busy occupying the “strategic high ground” of the North Pole, as described in this article by Dave Hodges. This places Russia in a position where it can credibly threaten all of western Europe and North America with nuclear strikes (if it ever comes to that).

Russia, too, is populated by strong, rugged, durable people who are used to surviving with little in the way of material goods. They can endure war far more readily than wealthy, pampered nations like America or the UK. As a matter of record, young Americans are now so obese that even the U.S. military must reject almost a quarter of all applicants due to excessive body weight.

Economic warfare will likely precede military warfare

On the economic side, Russia has joined forces with China to erect its own alternative to the SWIFT inter-bank money transfer system. China has been accumulating a massive amount of gold reserves to back its currency, while Russia has been selling off the U.S. dollar and bypassing western sanctions in creative ways by selling energy in exchange for physical gold.

The dollar itself is headed for a global collapse for the simple reason that it isn’t backed by anything other than (dwindling) faith. President Nixon removed the gold backing of the dollar in 1971, and ever since, America has been headed toward a day of reckoning where the dollar would eventually collapse as all fiat currencies do. Faith in the dollar is eroding by the day as the Fed keeps printing more money, diluting the existing money supply and silently stealing wealth from those people foolish enough to still be holding dollars when the music stops (i.e. all U.S. wage earners and taxpayers). Fort Knox, meanwhile, isn’t filled with gold but rather IOUs. Most of the physical gold has been quietly but diligently accumulated by China over the last two decades.

The stage is now set for a global economic war aimed at America and the dollar hegemony

I’m barely touching the highlights of the global dynamics at play here, but what’s really taking shape is a global economic and military war, waged by China and Russia against the Western powers of the United States, NATO, the European Union and Germany in particular. Greece now plays the role of the lynchpin in all this, as its exit from the European Union could loosen the knot that unravels the empire of debt upon which western nations are now based. An economic implosion leads to systemic weakness which invites more aggressive economic warfare actions on the part of Russia and China.

If a combined economic action by Russia and China were to take place — for example, China announcing a fire sale of U.S. debt while Russia cuts off energy supplies to western Europe — the economic implications for Europe and America would be beyond catastrophic. They might be terminal. We would see the U.S. government, for example, instantly unable to sell any new debt to foreign nations. The only option is to print more money to finance the debt — a form of economic suicide — and with the loss of the dollar’s global currency reserve status, this would lead very quickly to accelerating money debasement and price hyperinflation in consumer goods. Think Venezuela: price controls, biometric scanning requirements to purchase groceries. Armed guards at grocery stores. Food shortages, street riots, etc.

It wouldn’t be long before the U.S. government would be forced to stop funding entitlement programs such as EBT cards and pensions. This would almost immediately lead to massive riots in the streets and the wholesale destruction of large cities such as St. Louis and Chicago. From here, it gets even uglier with declarations of Martial Law, the suspension of the Bill of Rights, and the military occupation of America’s cities in order to maintain order.

The problem with all entitlement-based western nations (including America) is that sooner or later you run out of other people’s money. When that day of reckoning comes, the population that has come to depend on entitlements for day-to-day existence finds itself abandoned by the very government that promised to take care of them. Chaos ensues.

This all explains why Germany and the United States are desperate to prevent the breakup of the European Union and the continued illusion of economic stability. As Germany is now discovering to its horror, the problem with debt is that sooner or later you have to repay it. But all the western governments of the world have accrued far more debt than they can ever repay, and the collapse of the European Union would savagely reveal those debts.

If there’s one thing America, the UK and the European Union cannot handle right now, it’s debt transparency. The day the truth about debt and spending becomes widely acknowledged, faith in the dollar collapses and the world nosedives into a tailspin. Watch Greece carefully, for your own future depends strongly on what happens there.

I recommend you read www.ZeroHedge.com to stay informed on this issue.

Learn more: http://www.naturalnews.com/049094_Greece_European_Union_economic_collapse.html#ixzz3VEapxGNm

https://www.youtube.com/watch?feature=player_embedded&v=FYMdJd6MZsE

This is what I got out of it as being most important, and primarily why I am still here.

“This is all about TIME and the flight to safety. When government is distrusted, run to private assets. It is immaterial if they rise or fall, you have something real whereas government bonds ALWAYS evaporate”.  

All The Best……Silverngold

Their billy clubs. Baseball bats work better for women though puts some distance or ther wise they could get taken away so pepper spay better. Plus the willingness or ability to hit that hard enough  less they have kids to protect.

a massive “crowded trade” and it really looks like it may have turned….the only buyer is soon gonna be the Scum…can they hold it ????

Same as a cosh!

You got me….what is a vintage Sap ???????

75% Of Air And Rain Samples Contain Monsanto’s Round Up

BY CHRISTINA SARICH

Kicked to the Curb

I begin to understand why the death of Ferguson, Mo, teen Michael Brown sent such shock waves through America last year. He truly symbolized our country: an overgrown, oafish, wannabe thug making one bad choice after another until his final, suicidal lurch against authority — followed by all the exculpatory lying on his behalf: the “gentle giant,” hands up, don’t shoot! This is exactly how America acts on the world stage these days. We are the Michael Brown among nations, high on exceptionalism, stoned on entitlement, swaggering moronically from one place to another grabbing what we feel like, smashing things up as we go.

Also, as in the case of the actual Michael Brown, supposedly sentient observers do not have the guts to call bullshit on all the excuses we make for ourselves. Has any self-styled presidential candidate made a peep about America’s idiotic campaign to make Ukraine the 51st state? Has Hillary (“It’s Her Turn”) Clinton asked publically why the US is egging on NATO to stage military exercises on the Russian border? Do we still have a senate Foreign Relations Committee, and does it convene once in a while? Is The New York Times so preoccupied with its “Gay Cities” index it forgot that the world is full of serious conflicts and hazards that extend beyond the choosing of apartment décor?

more http://kunstler.com/clusterfuck-nation/kicked-to-the-curb/

Was in an antique store the other day looking for a wedding gift and happened upon a vintage sap. I had no use for it and so left it there but I’m thinking now it would be an interesting feature to hang on a wall. I could put a sign on it: Take Down Only in Case of Emergency. 🙂

China’s AIIB Spells “Dollar” Demise, Not Clear For PMs

By Michael Noonan

The Asian Infrastructure Investment Bank [AIIB]. What is it? Yet another political disaster for the Obama administration as it leaves a wide swath of blunder after blunder in massively failed efforts to keep US allies from aligning with China’s newest anti-US, anti-fiat Federal Reserve “dollar, AIIB. It will not just compete with the World Bank, a US-dominated financial entity, the AIIB will logically replace the World Bank in its own Asian sphere of influence.

Obama is pissed, a crass way to express his sentiment but an apt word choice for a crass politician with virtually no international diplomatic skills, and the AIIB amply exemplifies how true this is. The US continues to become more and more isolated through its ongoing war drums beating incessantly as the only viable solution the US has to offer.

Remember, just a few weeks ago, when German Chancellor Merkel schooled Obama over Ukraine, urging a “political solution, because that is what we do as politicians.” Obama did not like that, and he glibly responded he had not yet made up his mind, as the US continues to send money, arms, unofficial troop support, and an expressed intention to send “lethal weapons” to the totally inept Ukrainian army. The best way to tell if Obama is lying is to see if his lips move.

As a means of hiding its failed “policies,” for lack of a better word, to hide its failed economic banking system, and to avoid taking the blame for a failed American economy about to be flushed down into a debt abyss, Obama is itching to start a war with Russia. He has so far been failing in that arena, as well. No country wants another war, none, other than the US, led by the Obama administration. If WWIII breaks out, as an increasing number of voices are expressing, it will be due to the singular effort of the US and no other reason.

Back to the AIIB. It is a clear announcement by the rest of the world that the fiat “dollar,” as a world reserve currency is fading faster and faster away as the leading international currency for settling trade between nations. The AIIB is China’s announcement to the rest of the world that it has had it with the bully tactics of the US, and China wants, is actually closer to demanding that she be given her due respect as a world leading power overtaking the US in increasing measures for what constitutes a new world economic leader.

The AIIB will become a leading lender for new development, particularly in Asia where a lot of new growth and development is underway. This is in sharp contrast to the US that uses warfare as its badge of “economic development,” more like destruction. Just look at Libya, Afghanistan, Iraq, now Ukraine, ongoing attempts to destabilize Syria. Anywhere the US is involved, it is destroying nations. By contrast, China and Russia are making deal after deal for true economic development in and with other countries without immersing those countries in unrepayble debt situations.

China’s AIIB will put an end to that, and the US is very unhappy. The UK agreed to join with the AIIB, much to the consternation of Obama, accusing the UK of “constantly accommodating” China. Obama chooses to ignore the fact that it was the US that gave Most Favored Nation status to China in the late 1990s, strengthening China and weakening the US, ultimately, but the US is “exceptional” and can do what ever it wants, or so the US thinks. A growing number of countries have turned their back on the US, and now the growing list includes what were once considered close allies.

Right after the UK came France, Italy, and Germany, all willing to join with China and the AIIB. If that were not a sufficient slap in the face to no-face Obama, Australia chimed in, a huge US accommodating agent-nation, but another one that has acknowledged extreme disappointment with ham-handed Obama diplomacy. Expect South Korea, even Japan to also join in the AIIB’s constructive goals for world economic development. The number of countries that have already signed on is around 25, and growing.

The fiat Federal Reserve “dollar” is done, not quite officially, but the angle of the slope keeps getting steeper in its dissent. For all of the indignant huffing and puffing by Obama and his administration officials, this is still orchestrated Kabuki theater by the elite’s banking system. As we stated previously, the elites are merely switching horses, and the show for the masses must go on.

Ultimately, this is bullish for gold and silver, but the prospects for a ramping up in price for both metals will be as slow a process as the demise of the “dollar.” All the world’s a stage remains as true today as it was in Shakespeare’s As You Like It, [Act II, SceneVII]. All the world central banks are tied to each other, perhaps least of all for Russia, but the change in currency structure, leading to Special Drawing Right [SDRs] as the next replacement world currency will not be denied.

There is no direct correlation in the AIIB development and the pricing of gold and silver, but it serves as another nail in the coffin for the US “dollar” and its ultimate defeat into utter rejection. As we stated previously, the purposeful transition of the “dollar” demise and the ascension of SDRs as a replacement, endorsed by both Russia and China, will take place in an orderly fashion, at least for the rest of the world. It may become quite disorderly in the US as the “dollar” descends to its true intrinsic “value,” which is zero.

When the sleep-walking American public realizes what has happened, it will be far too late, and a goodly number of them will have had their pensions raided and replaced with [worthless] government bonds, the same ones the rest of the world is rejecting in toto.

more http://news.goldseek.com/GoldSeek/1427049403.php

Dollar well offered, PM’s bid, but PM shares under the cosh……spreaders will not allow any PM share strength at all, every rally just another shorting chance.