re Velocity of Money Chart
I see it shows a peak in 1980, probably the last decent year of American prosperity, and the drop after 1980 coincides with the aggressive start of globalization, lower living standards, wages of tax payers, falling behind inflation rates. Public and gov’t jobs, were the best place to be employed after that year.
I remember my early married life, many wives went into the work force, comingled with opposite sex coworkers, and soon after that, there was a tidal wave of divorces, and single mom households in all the apartments on my street after 1975. All my kids friends had only a mom.
re part of 1757…”What restored the economy after the 30′s was the restoration of CREDIT…”
In reality, what restored the economy, was the start of the base standard minimum livable and taxable wage law. $1/hr I think it was, and it was enough to live on without wife working.
Without the above law, credit could not be extended. TPTB (bankers) probably wanted to make sure they could issue loans and get paid back.
Silverngold – Ha
Please don’t take any of those bets. I’m sure Old Horseface is just fine. Living it up in $110,000 a night hospital/hotel room.
On the other hand, Sorchaa Faal might just be one of those that infiltrate’s, manipulates and deceives.
FWIW: Maybe nothing, but you just never know!! I’m not taking any bets!! LOL!!!
http://www.whatdoesitmean.com/index1875.htm
What You Aren’t Being Told About The World You Live In
How The “Conspiracy Theory” Label Was Conceived To Derail The Truth Movement
How Covert American Agents Infiltrate the Internet to Manipulate, Deceive, and Destroy Reputations
June 4, 2015
Obama Made Secret Boston Visit As Kerry Reported At “Deaths Door”
By: Sorcha Faal, and as reported to her Western Subscribers
The Foreign Intelligence Service (SVR) is reporting today that President Barack Obama made a highly secret nighttime visit to Boston on Tuesday (2 June) where he met with US Air Force surgeons and medical personal fighting to save the life of US Secretary of State John Kerry who was gravely wounded this past Sunday (31 May) during a gun battle with what has been described as Islamic State of Iraq and the Levant (ISIS/ISIL) assassins.
The SVR had previously reported (1 June) [read full report HERE] that Secretary Kerry suffered “one or more” gunshot wounds during a gun battle at a French military base in the Moselle department (France) where he was meeting with the US State Department’s top ISIS commander Colonel Gulmurod Khalimov in a strategy session ahead of the 2 June Paris summit intended to develop a plan in dealing with this terrorist organization.
In this new report the SVR states that immediately after Secretary Kerry was “violently wounded” in this gun battle, he was transported by a French military medical helicopter to Hôpitaux Universitaires de Genève (HUG) where he was stabilized.
Due to his age (71) and the extreme blood loss he suffered as a result of his wounds, this report continues, US military medical authorities authorized Secretary Kerry’s immediate evacuation to America and dispatched a massive Boeing C-17 Globemaster belonging to the US Air Force’s 86th Aerospace Medicine Squadron, located at the Ramstein Air Base in Germany, to fly to Geneva.
Upon landing the C-17 medical flight landing in Geneva, this report says, Secretary Kerry was then flown by a Swiss medical helicopter from HUG and was immediately put into the care of US Air Force surgeons and medical personal attempting to keep him alive.
The reason(s) behind Secretary Kerry needing such a massive US military medical response and evacuation, this report explains, is due to the 86th Aerospace Medicine Squadron being the “best in the world” when it comes to treating traumatic battle related injuries, and with this massive C-17 “airborne hospital” being fully equipped with both medical personal and equipment, he could have not have been in better hands.
To how grave Secretary Kerry’s condition was, this report notes, was confirmed by subsequent SVR “interviews” with Swiss medical authorities who first treated him confirming that he was at “deaths door” upon his first arrival at HUG.
Secretary Kerry’s grave condition was further evidenced, this report continues, by President Obama’s secret flight to Boston from Washington D.C. to meet with the medical personal aboard the C-17 when it landed.
Confirmation of President Obama’s secret flight to Boston to meet Secretary Kerry’s C-17 medical flight, this report notes, was verified by SVR signals intelligence sources that showed a Boeing C-40 Clipper aircraft belonging to the 89th Airlift Wing (89 AW) of the US Air Force, based at Joint Base Andrews outside of Washington D.C., left with the American leader on board and landed in Boston just minutes ahead of Kerry’s flight.
As to Secretary Kerry’s current medical condition this report doesn’t say, but SVR health experts contributing to it do note that the US State Department press release that says “This morning Secretary Kerry underwent a surgical procedure to repair his broken femur. The procedure was performed under a regional anesthetic and the Secretary was conscious throughout the four-hour operation.” is an “obvious falsehood”.
To the American propaganda media continuing the “cover story” that Secretary Kerry broke his leg while falling off of a stationary bicycle in France when he was supposed to be in Switzerland, needed an immediate evacuation back to the US aboard the American military’s largest and most advanced airborne medical hospital, and then stayed awake for 4 hours of grueling surgery, this report concludes, is a falsehood so blatant only the most unsophisticated of persons could ever find it plausible.
Remember though…when it comes to the American people believing everything their propaganda media and oligarch elite masters tell them is true there is more evidence than any library of books could have showing this is true. After all, these are the same people who still believe a plane hit the Pentagon 14 years ago, on 11 September 2001, that left no debris behind and made a perfectly round hole in the side of this building the size of a cruise missile…so of course they believe all the lies being told about Kerry…isn’t that what “children” are supposed to do?
Ororeef @ 17:57 – Velocity of Money
The Velocity of money is the key… it is EVERYTHING to an economy. If money doesn’t move, there IS NO economy! It is happening right now. All that printed money is going into dark pools. It’s not moving in the economy. That’s why there is no substantial inflation to be seen. Here’s a chart from the FED itself… velocity is at an all-time low… and falling!
Keep stacking physical. It will be good for barter.
CASH
without the cash economy there is nothing left….Velocity of exchange of money will go to zero ..
A depression far worse then the thirties will result.
What restored the economy after the 30’s was the restoration of CREDIT…
this time itl be th restoration of cash economy.
until then barter …leaving out the parasitic taxes is the only way out.
IN NY STATE they figured it out ..after many years of taxing and Unionizing everything the Producers moved out…..NOW they offer 10 years ..NO TAXES to come back….and ZERO TAXES for manufacturers….
When its too late and they killed the golden manufacturing goose and there nothing left to TAX they say please come back ! I manufactured in both NY and NJ and I will never go back …They cause the whole Garment manufacturing to leave ..500,000 jobs in NY alone ! Those blue collar jobs were dissed and denegrated and everyone was told “we are a “SERVICE” economy now !
WEll they got serviced alright ..like a farmer gets his cow serviced !
Go back ? not in my lifetime ! Its a pity because its the only work women over 25 could do then that was respectable ..I had many 40-60 year olds working for me ,some barely could speak english ,many Cubans in the 60’s refugees from communist Castro lots of widows …Where would these people find work now ? I’v been asked by some very intelligent people if I would ever go back in business in NJ…when the got my answer they left the country for Central America understanding that those that were in a similar circumstance felt the same..They decided the bottom was coming and they took their money and familys to Costa Rica…
I was the only non-union manufacturing business in NJ employing more than 150 people…
COT Report
Doesn’t say much about the last few days action.
Dont trust Google search they track everything
use Duck Duck
Make sure you use “NO Script” They can use “scripts” to shut down this site by overloading it with ADS and slow your computer down to a crawl until it crashes more often than not !
How Come ?
Its always those that spent their money on indulging themselves ..that THEN want everyone to SHARE ?
If they want to eliminate cash !
Why dont they just stop printing it ?
…..The answer is …they just want to TAX IT !
Thats why electronic cash is where they are going !
TAXES are the problem !Freeloaders that make their living like Parasites ..
You know what to do when thereare too many Parasites…too many fleas..too many chiggers..too many cockroaches..
Time to take care of the problem has arrived before the producers (HOST) die and there nothing left to save !
IT’S A CLUB, AND WE AIN’T IN IT. BUT THAT CLUB IS FALLING APART.
That club long ago, in the mid 1970s, decided they wanted America’s manufacturing workers to get paid less. They blamed the falling dollar inflation of the 1970s on WAGES. The SCUMBAGS called it the wage price spiral.
They even said “The United Auto Workers were ruining the country”. They also trained all the sheep, that manufacturing here was bad. Dirties the air, called us the rust belt and smoke stack. They also convinced the sheep they would get higher quality “cheaper” products.
At the same time, the off shored jobs were welfare for “less fortunate” nations, and bigger profits, corporate welfare for big corporations.
Now they have unintended consequences. Notice all the new minimum wage too low news lately?? General paychecks of tax payers are too low. And general paychecks, benefits and higher amounts of gov’t tax absorbers are too high.
They are in a catch 22 situation now. Also note all the problems in the Middle east, and European union.
Their dream of “a world that lives as one” big global Europe was a pipe dream. Its time to laugh at our “owners”. Ever since 9/11, they are weaving and bobbing to avoid reality.
Are you tired, hungry, out of work? Eat your foreign made car, TV sets, clothes, shoes under wear, coffee mugs, can openers etc. Yummy. 🙂
We are paying a global income tax, and making welfare payments, to other countries every time we buy an imported product. Be happy now. It has finally taken its toll on that club.
re 23:48 A COMEDIAN who cares more than Americans do
That video was questionable, I didn’t get it at all. Regarding Americans who care, this one makes more sense…
You go Avi!
Suppose someone approached you in the year 2000, when the price of gold was around $250 an ounce and suggested that it would be worth almost eight times its current value within the next decade. I am sure most people would have thought that person to be less than credible making such an outrageous market call. Think about it. An asset being expected to multiply by eightfold within a decade? But as we all know now, gold went from $250 an ounce to just over $1,900 an ounce in just that amount of time.
What if I was to tell you that gold could make another such run over the next decade plus? Does it seem that outrageous now? Well, I think the math shows it can and will, with the price of gold futures surpassing $25,000, and more specifically for this column, the price on the Gold Bug Index HUI, -1.94% eclipsing 15,000. But let’s take a look back before we go forward.
It’s the middle of 2011. Gold was rising parabolically — some days even advancing by $50 per day — and heading over $1,900. Breaking the $2000 mark to most was a sure thing.
Think if someone walked up to you then and stated that the price of gold would be cut in half within four years. It would be an outrageous market call. In many ways, it would be no different than the person suggesting that gold would go from $250-$1900 within a little over a decade.
http://www.marketwatch.com/story/the-next-great-bull-market-gold-25000-2015-06-04
What a shock that China would be blamed by the warmongers
China Blasts Washington’s “Irresponsible”, “Groundless” Hacking Allegations
Submitted by Tyler Durden on 06/05/2015 – 10:06
One the heels of last night’s hacking accusations, China has now responded, calling the US allegations “groundless” and “irresponsible.” The breach, which involves four million federal workers, could affect every agency of the U.S. government.
Declassification of 28-page document on 9/11 will open up huge can of worms: Scholar
Go to the site and listen to the short audio.
13 years later and I will say
I’ll never buy another gold or silver miner. a waste of time, the govy and hedgies has this market on lock down. They work in collusion with one another.
stacking bars is a whole nother story
Maya @ 0:39
If the market keeps bashing us I might just go get myself a quart of retsina and lose a day or two!
Good morning Oasis
Centerra Reports on Status of Key Kumtor Environmental Permits
http://finance.yahoo.com/news/centerra-reports-status-key-kumtor-162911121.html
Silver Standard Announces Reduction in Holdings of Pretium Resources Inc.
http://finance.yahoo.com/news/silver-standard-announces-reduction-holdings-233200315.html
Pure Gold Reports Year-End Financial Results
http://finance.yahoo.com/news/pure-gold-reports-end-financial-001500505.html
For risk-wary gold miners, small is beautiful
http://finance.yahoo.com/news/risk-wary-gold-miners-small-050000794.html
Endeavour Silver Reports Ball Mill Down for Repairs at Bolanitos Mine; No Material Impact on Production Anticipated
http://finance.yahoo.com/news/endeavour-silver-reports-ball-mill-113000415.html
Zambia to reduce underground mining royalties to 6 pct -presidency
http://finance.yahoo.com/news/zambia-reduce-underground-mining-royalties-115225270.html
Columbus Gold Files Technical Report on its Paul Isnard Gold Project in French Guiana
http://finance.yahoo.com/news/columbus-gold-files-technical-report-130000144.html
and there you have it….
280K Jobs created – unbelievably fantastic
Dollar soars, rates soar, and pm’s do what they always do….