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Exceptional Paul Craig Roberts

Posted by Buygold @ 10:07 on July 16, 2015  

“Without an ideology to sustain it, the European left is dead, just as is the Democratic Party in the US. With the death of these political parties, the people no longer have any voice. A government in which the people have no voice is not a democracy. We can see this clearly in Greece. One week after the Greek people express themselves decisively in a referendum, their government ignores them and accommodates the One Percent.

The American Democratic Party died with jobs offshoring, which destroyed the party’s financial base in the manufacturing unions. The European left died with the Soviet Union.

The Soviet Union was a symbol that there existed a socialist alternative to capitalism. The Soviet collapse and “the end of history” deprived the left of an economic program and left the left-wing, at least in America, with “social issues” such as abortion, homosexual marriage, gender equality, and racism, which undermined the left-wing’s traditional support with the working class. Class warfare disappeared in the warfare between heterosexuals and homosexuals, blacks and whites, men and women.

Today with the Western peoples facing re-enserfment and with the world facing nuclear war as a result of the American neoconservatives’ claim to be History’s chosen people entitled to world hegemony, the American left is busy hating the Confederate battle flag.

The collapse of Europe’s last left-wing party, Syrzia, means that unless more determined parties arise in Portugal, Spain, and Italy, the baton passes to the right-wing parties—-to Nigel Farage’s UK Independence Party, to Marine Le Pen’s National Front in France, and to other right-wing parties who stand for nationalism against national extermination in EU membership.

Syriza could not succeed once it failed to nationalize the Greek banks in response to the EU’s determination to make them fail. The Greek One Percent have the banks and the media, and the Greek military shows no sign of standing with the people. What we see here is the impossibility of peaceful change, as Karl Marx and Lenin explained.”

Greece: Sound and Fury Signifying Much — Paul Craig Roberts

Death by a 1000 cuts or Final Quick Capitulation?

Posted by islandgold @ 10:06 on July 16, 2015  

Morning All …..  From my perspective (for whatever that’s worth!!)  The PM and their shares have been worked down pretty good in US$ terms.  Being a Canadian… Holding bullion has actually been pretty good hedge against  the Cdn$ … gold is up $1470 Cdn and silver $20+ …  What is interesting (or not) is that the CDN PM stocks follow the US/HUI and trade pretty much equal with them when they should be quite profitable… actually most of the companies that have mines outside of the US ‘should’ be doing better due to their currency depreciation via the US.    (For me.. this is out of whack ….  like most things in the market now… of Life for that matter!!)

One could ‘expect’ one last very significant plunge/flush-out/capitulation v. the steady downward drip of the PM to mark the end of this BEAR ….  that is how things usually work… or is their plan just to continue the downward drip into ‘nothingness’??   End of July and August have been ‘good times’ for this kind of action …. something like we saw last October/November…  lol …..

Just more mumblings….  Have a great day everyone..  Looking sunny today on Vancouver Island….

Islandgold

 

 

 

 

I suppose

Posted by Buygold @ 9:52 on July 16, 2015  

if we’re going to have any chance of a short term reversal it ought to happen right here, right now at what one would think would be key long term levels. $1140, $15 and 135 HUI. Otherwise we’re probably looking at $1K gold and 35 HUI.

Simply amazing what they’ve done.

For something different I’m going to try to watch this video this weekend.

http://www.rense.com/general96/hiddensecrets.html

Silver…bus

Posted by Maya @ 9:38 on July 16, 2015  

folder_xing1

Silver railbus… the ‘Galloping Goose’ gets a checkup
before heading up the mountains to Silverton
http://www.railpictures.net/viewphoto.php?id=538403

aka: Ment’s dumpster train

 

With a hat tip to Goldballoon, this is how the Bank of Canada deliberates interest rates and becomes Yellen’s crack spider bitch…

Posted by macroman3 @ 2:14 on July 16, 2015  

edit; Yellen’s crack and spider’s bitch are separate phrases

For Maya’s Pluto train

Posted by macroman3 @ 2:01 on July 16, 2015  

Ah, well, ummm, AuGirl, that call of mine for a top on Van real estate at the end of June… mea culpa, I was off on account of being Polozidized by a month or two.

Posted by macroman3 @ 1:51 on July 16, 2015  

They say the Loonie is a great northern diver, no $hit, literally…I guess Palm Springs is out this XMas.

Under water, haunting quality…you can’t make this up!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.