“They have endeavored to fight in merit and words. You have provided in fact ..nothing. I rest my case. This site was once a platform..thousands of readers and debaters, .it is now …humm Greece..once  a great place of ..”

This site has never been a platform of thousands of readers and debaters. Worse now it has devolved into a few readers and debaters.

I will tell you this, I think all of us are grateful that your posts are now at least quasi-understandable. That is nice of you. Speaking in somewhat clear English. SOMEWHAT.

So, tell me EXACTLY where Willie, Sinclair, GATA, ZH, King World, Holter and the rest have been right and have benefitted goldbugs in the last 4+ years.

If you want to debate, lets have at it.

What kind of civility is shown when we insult those who have a different opinion than our own?

When this one is finished, watch the next four!!

https://youtu.be/FWZ4HPAdTew

I know this will close my opinions here..

Buygold, you are a small fool to  address such soldiers as unworthy!  IOn your last post. They have endeavored to fight in merit and words. You have provided in fact ..nothing. I rest my case. This site was once a platform..thousands of readers and debaters, .it is now …humm Greece..once  a great place of ..

other stand delivery

I do not think so……smile and the sheep are feed here and there.

and here I thought you were done for the day and going to see your girlfriend! 🙂

Gotta lump Willie in with Williams, Sinclair, Holter, Gata, ZH, and King World until proven otherwise.

Despite the FACT that Willie says he’s been right for 10+ years, he’s been wrong, wrong, wrong! More like wee willie

http://jamesperloff.com/2015/06/23/fifteen-questions-that-are-being-asked-about-the-charleston-shooting/

a veggieburger! hows dat?

Super!  You have your choice of a carrot burger, a tofu burger, or a lentil burger.

Frostbite view of Greece:
Allow those brave voters of freedom review THEIR own past historical foot prints of facts of their own complete lack of truth, their distortion lifestyles, and most importantly their past criminal leadership which stills wallows along. Their past leadership held to truth… Never mentioned ..they are there..real people. I rest my case.
accountability of taxation, I rest my case
binging on borrowed wealth…they knew this new life style was not their productivity. Just look at the facts stop caring..you cannot afford to give which you do not own..to those not endeavoring to provide for themselves. I always will help in a short real term..
early retirement programs..you pay them not to care for themselves.
consuming far more than they produced..wow ..a load debate..
Ok ..place the mirror into the faces of so many other nations of this new world funded times.
We have destroyed our own nest…Allow me..look around ..in 1900 1 billion..sheep now 8-9 billion . There is no real Disney world ending to this. So few understand.
Frankly …Frosty thinks this a test…wait and witness..
The Greek story is sheep feed . To Spain , Italy Portugal..American..
May point..there is a point..to reiterate..walk well and enjoy.
I will again comment on Sunday night..

some day i will edit..after they edit ..smile

Guaranteed Dollar Death Dynamics
Jim Willie

July 1, 2015

PRELIMINARY DEATH NOTICES

The events of late 2001 with the inside job and staged planned 9/11 attacks opened the gates for a US Fascist State. The Patriot Act solidified the Gestapo Manifesto on usurped power. The Fascist Business Model unfolded, complete with permitted corruption, the Too Big To Fail Banks, the legislation written by big banks, the massive bond fraud, the narcotics money laundering dependence, followed by the rancid bitter fruit from the model. The US Economy and US financial system would never recover from the bank heist at the World Trade Center. Most Americans were not even aware that WT Center housed the largest private bank in the world. The USDollar was given a delayed death sentence.

The events of late 2008 with the kill job execution of Lehman Brothers revealed both the US banking system insolvency and the motive to kill a fellow Wall Street bank in order to preserve Goldman Sachs. The venerable crime syndicate HQ in GoldSax managed to receive 100 cents per dollar insured, after cutting off Lehman with collusion by JPMorgan. If truth be known, GSax was even more vulnerable to mortgage bond losses than Lehman. The Wall Street banks were seen as insolvent crime centers. The US Dollar was given a delayed death sentence.

The Events of 2012 with the permanent installation of Quantitative Easing (QE) was made in order to cover the nearly infinite USGovt debt, which foreign investors were no longer showing in purchase demand. The USFed put QE in place to create a backdoor bailout for Wall Street banks, which held inordinate volume of the toxic paper in USTBond and USAgency Mortgage securities. Their counterfeit had been rampant. The QE enabled coverage of hidden derivative losses. The QE enabled coverage of foreign dumping of massive amounts of USTreasury Bonds. The permanent QE assures the USDollar will be torn apart at its foundations, and laid bare to be seen as a Third world currency. The USTreasury Bond was given a near-term death sentence.

http://www.gold-eagle.com/article/guaranteed-dollar-death-dynamics

http://news.goldseek.com/GoldSeek/1435857533.php

By Graham Summers

The Fuse on the Global Debt Bomb has been lit.

We are now officially in the Crisis to which the 2008 Meltdown was just the warm up.

The process will take time to unfold. The Tech Bubble, arguably the single biggest stock market bubble of all time, was both obvious to investors AND isolated to a single asset class: stocks. In spite of this, it took two years for stocks to finally bottom.
In contrast, the current Crisis that we are facing involves bonds… the bedrock of the financial system.

Every asset class in the world trades based on the pricing of bonds. So the fact that bonds are in a bubble (arguably the biggest bubble in financial history), means that EVERY asset class is in a bubble.

And what a bubble it is.

All told, globally there are $100 trillion in bonds in existence today.

A little over a third of this is in the US. About half comes from developed nations outside of the US. And finally, emerging markets make up the remaining 14%.

Over $100 trillion…the size of the bond bubble alone should be enough to give pause.

However, when you consider that these bonds are pledged as collateral for other securities (usually over-the-counter derivatives) the full impact of the bond bubble explodes higher to $555 TRILLION.

To put this into perspective, the Credit Default Swap (CDS) market that nearly took down the financial system in 2008 was only a tenth of this ($50-$60 trillion).

What does all of this mean?

The $100 trillion bond bubble will implode. As it does, the financial system will begin to deleverage as debt is defaulted on or restructured (reducing the amount of US Dollars in the system, pushing the US Dollar higher).

By the time it’s all over, I expect:

1) Numerous emerging market countries to default and most emerging market stocks to lose 50% of their value.

2) The Euro to break below parity before the Eurozone is broken up (eventually some new version of the Euro to be introduced and remain below parity with the US Dollar).

3) Japan to have defaulted and very likely enter hyperinflation.

4) US stocks to lose at least 50% of their value and possibly fall as far as 400 on the S&P 500.

5) Numerous “bail-ins” in which deposits are frozen and used to prop up insolvent banks.

This process has already begun in Europe. It will be spreading elsewhere in the months to come.

which 3 corporations are they specifically. I’d like to find 2015 statistics, or even 2014 statistics. They’re not easily found at first glace on Google that’s for sure.

This is the closest link I could find (below)

GOOGLE STRENGTHENS ITS POSITION AS WORLD’S LARGEST MEDIA OWNER

Facebook is the fastest-growing media owner in ZenithOptimedia’s global top 30

Google’s dominance as the world’s largest media owner has increased, with the gap between it and its nearest competitor widening significantly over the past year. According to ZenithOptimedia’s new report Top Thirty Global Media Owners 2015, Google is now 136% bigger than the second-largest media owner (Disney), up from 115% a year earlier. It is also bigger than the second-largest and third-largest (Comcast) combined.

The Top Thirty Global Media Owners report is a unique ranking of the world’s largest media companies by media revenue, as estimated by ZenithOptimedia. The report was launched in 2007 and was last published by ZenithOptimedia in 2014. ZenithOptimedia defines media revenue as all revenue deriving from businesses that support advertising, to determine which companies are most important for the marketing industry.*

Google has benefited from the rising sales of smartphones and tablets, making its central search function available to consumers on the move – especially useful for shoppers looking for price comparison – and allowed consumers to view content at times and places most convenient for them. This has created new opportunities to target them with display ads, another important component of Google’s business. But the main beneficiary of the transition to mobile has been Facebook, which is the fastest growing of our top 30 media owners. Facebook’s media revenues grew 63% over the past year. Facebook has actively embraced mobile technology in order to encourage its users to visit it regularly and frequently throughout the day, while designing its ads to blend seamlessly into the content feed. Facebook is the 10^th-largest media owner in our ranking.

p.s. I’ve never heard of this site before, source

Yen Cross

All the “tea leaf” readers are rather humorous. They speak as if everything will be orderly and every step or contingency has been planned for. When the EU matchstick house gets hit by Greek lightning we’ll see how fast the ECB gets the fire under control.

That thinking worked out really well in 2000 & 2008. /s

****************************************

That said, this is how Goldman handicaps the possible voting outcomes and the subsequent reactions:

Result of referendum likely to prove less pivotal than how Greek domestic politics evolves in response to it. We envisage three main scenarios following the referendum:

1. A ‘Yes’ vote, followed closely by the resignation of Messrs. Tsipras and Varoufakis and the formation of a new Greek government. This is likely to be the most market-friendly outcome. Clearly, its implications will hinge crucially on the character of the new government. A government committed to reform, credible in the eyes of the creditor institutions and with a mandate to act (e.g., a technocratic government enjoying a broad base of parliamentary support and committed to a limited tenure followed by elections) could move forward to a new programme that would allow a resumption of Greece’s financial and liquidity support. Weaker governments that fall short on these dimensions would likely struggle to move forward with the same vigour and pace.

2. A ‘Yes’ vote, with the current government seeking to remain in power. Such an outcome appears inherently unstable. Creditors are unlikely to resume funding Greece under a Tsipras government, given the breakdown of trust resulting from the recent painful negotiations. The Greek economy would thus remain mired in its current state of ‘suspended animation’ with banks closed. Eventually the political contradictions and economic fragilities that would follow are likely to create powerful forces for political change in Greece. In our view, these forces are more likely to lead towards a rapprochement with creditors, but a more negative dynamic towards ‘Grexit’ cannot be ruled out.

3. A ‘No’ vote, in which the current government becomes more politically entrenched. This is likely to be viewed negatively by markets. We do not see such an outcome as necessarily implying a definitive ‘Grexit’. In the first instance, such an outcome is likely to perpetuate the status quo: the European authorities would neither extend further financial and liquidity support nor engage in a new round of negotiation with the Greek government offering more favourable terms. As a result, Greek banks would remain closed and the economic situation would deteriorate, ultimately triggering political change as the economy seizes up. Of course, that change could move in a chaotic direction leading to a ‘Grexit’. Uncertainty is clearly higher in this scenario. But our base case would remain that any attempt to shift policies in the direction of exit would prompt a domestic political response bringing down the government and moving to an accord with Brussels to maintain membership of the Euro area.

“On some great and glorious day, the plain folks of the land will reach their heart’s desire at last and the White House will be occupied by a downright fool and complete narcissistic moron.”
–H.L. Mencken

Officials in Florida, Alabama, Mississippi and Louisiana have announced an $18.7 billion settlement with BP that resolves years of litigation over the 2010 Gulf of Mexico oil spill.

Read more »

Lock up your daughters, all the scum is coming to town!!

https://youtu.be/9aIfHZMtxq4

Here’s another story conveniently omitted from your evening news, it’s called operation Talisman Sabre and it’s coming soon. Scheduled at just the right time as the global economy trembles because nations of the world are defaulting on debts from the international banking cabal… The militaries of the world prepare for the inevitable call to war.

As Randolph Bourne said “War is the Health of the State” and the only way out of the impending global economic collapse is to feed the war machine fresh bullets and fresh bodies.

Friends, XXXX XXXX 15 officially goes live in a few weeks. It will span 10 US states… And nearly simultaneously, from July 4th through the 19th, several thousand miles away more than 33,000 United States and Australian military personnel will be engaged in Operation Talisman Sabre.

This show of military power comes at a time when tensions with China over their man-made naval stations in the South China Sea are reaching a steady boil.

Early last month China concluded “Crossing 2015, a full scale live fire military exercise deep in the Mongolian desert.

And wouldn’t you know… At the exact same time Talisman Sabre 2015 goes live with Jade Helm 15 – China has issued a warning – complete with naval coordinates – for all navies to steer clear of their latest live fire exercises in the south China Sea.

China is more than ready – and making sure the world knows.

Talisman Sabre will deploy 21 ships, including the U.S. Navy aircraft carrier USS George Washington, more than 200 aircraft, and three submarines.

But it isn’t limited to just the Pacific region multiple locations WITHIN the U.S will host maneuvers, Pearl Harbor, San Diego, Virginia and Guam; and multiple locations WITHIN Australia near Shoalwater Bay.

That’s not all… they’re calling this a “whole-of-government effort” as it includes participation from international organizations like the World Food Programme and the United Nations.

As if that’s not enough US Federal law enforcement is getting in on the action as the FBI joins the U.S. Departments of State (DoS), Justice (DoJ) and Agriculture (USDA), U.S. Agency for International Development (USAID) and the American Red Cross.

In 2011 Talisman Saber included Amphibious assault landings, Tank warfare training, and urban combat scenarios, paratrooper drops and more

The military says “Talisman Sabre is a realistic and challenging exercise that brings service members closer and improves both nations’ ability to work bilaterally, and prepares them to be poised to provide security regionally and globally.”

Friends, 33,000 military personnel are deploying into the Pacific to train for war, global economic collapse is on the horizon yet nothing from the state controlled media?

Don’t you find that odd?
http://www.cpf.navy.mil/news.aspx/010407
http://www.defence.gov.au/exercises/t…
http://english.chinamil.com.cn/news-c…

i’ll let you know for a cheeseburger!

This is not exactly a deal breaker…I’m a vegetarian, lol.

“selfie”

What a couple of clowns!

More nukes in the ME is a disconcerting thought, a depressing thought.

I see where ISIS-affiliated forces captured an Egyptian town in the Sinai yesterday, lots of Egyptian soldiers killed. Seems like there’s a new front every week. Probably a forlorn hope but when Obama is gone maybe there will be a more rational foreign policy. Not a likely development I realize.

Cheers

Hope it’s thru the AIIB and not the EU.

http://www.zerohedge.com/news/2015-07-02/china-state-official-hints-beijing-may-bailout-greece

Good On You, Greece—–But Don’t Waver Now (Part 2)

Good On You, Greece—–But Don’t Waver Now (Part 2)
by David Stockman • July 1, 2015

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Yesterday the embattled Greeks delivered still more body blows to the rotten regime of Keynesian central banking and the crony capitalist bailout state to which it is conjoined. By defaulting on its IMF loan, walking away from the troika bailout program and taking control of its insolvent domestic banking system, Alexis Tsipras and his band of political outlaws have shattered a giant illusion.

Namely, that the world’s debt serfs will endlessly and meekly acquiesce to whatever onerous, eleventh hour arrangements might be concocted by their official paymasters——even when these expedients are for no more noble or sustainable purpose than to forestall a Monday moring hissy fit among the gamblers in the world’s financial casinos.

So at midnight on June 30 the proverbial can was not kicked again as scheduled. Instead, Greek democracy kicked back. And it is to be hoped that the end result will be a mighty boot to the tyranny of the status quo in the form of a resounding “no” vote on Sunday.

The latter would clarify that everything at issue between the parties is false. There is no way to pay Greece’s debts, modify the troika austerity plan, save the euro, rescue Greece’ banking system or stabilize Europe’s hideously mispriced and distorted debt markets.

Its all going to blow and it should. The entire European mess has been concocted by statist politicians and policy apparatchiks who falsely and arrogantly believe they can defy the laws of markets, sound money and fiscal rectitude indefinitely.

The truth lost in all the meaningless “puts and takes” of the latest negotiations is that the Greek state was bankrupt five years ago; it can not reform, save, skimp, or grow its way out of its crushing debt, and should stop looking for ways to accommodate its paymasters. It urgently needs to default massively and decisively, and is in a ideal position to do so.

That’s because the clowns who run the troika have taken themselves hostage.That is, they have shifted virtually the entirety of Greece’s unpayable debts from private banks and bond funds to the taxpayers of Europe, the US, Japan and even the unwary citizens of Peru, Senegal and Bangladesh.

“Accept these pretty pieces of paper and disregard Gresham’s Law of unsound money chasing real money away”

Richard Nixon, 1971

Defence Secretary Invited to Give Speech on Army Cuts – Talks About Recruiting Muslim Soldiers, Female Attack Pilots, Gay Troops Instead

http://www.breitbart.com/national-security/2015/07/02/defence-secretary-invited-to-give-speech-on-army-cuts-talks-about-recruiting-muslim-soldiers-female-attack-pilots-gay-troops-instead/

and with that I’m going down the pub…to drown my sorrows.

Obummer and Cameron make me ashamed to be human. Nothing summed that pair up more than the “selfie” they took during Mandela’s Memorial.

A pair of vacuous twerps.

http://www.bbc.co.uk/news/world-africa-25322260

The Rig is why people like this aren’t running for their miserable lives.

Re Saudi….I would guess they are buying Nukes off Vlad, as Obummer and Ketchup Boy seem determined to let the crazies in Iran have Nukes. Which the Saudi’s have always said should never happen and is pissing them off royally, so that leaves an open door for Vlad to walk in…..they also face the prospect of ISIS coming for them and watching how useless and unreliable Obummer is, makeing upto Vlad makes a lot of sense.

Yet again the Rig stops the mkts from punishing Obummers madness.