“Eric, consider that the basis of all of the mainstream media shills coming out and saying, ‘We’re in a bearish market because GLD, the ETF has dumped, around 200 tons since the beginning of the year. But what we are talking about here is China having purchased and taken delivery of over 400 tons in less than a month and a half. And since the beginning of the year (that figure) is substantially higher. It’s probably in the 800 ton range (for the Shanghai Exchange).”
The Empire Strikes Back: How the State will Attack Bitcoin
“I say that Bitcoin will be attacked for the simple reason that it is the anti-fiat currency… and a lot of very powerful people have their entire kingdoms built upon fiat currency and its central banking game.”
“2. Tell others to prepare. Tell people to expect attacks and a PR war. Tell them to upgrade their security and to be personally ready. Bitcoin will be called all sorts of things: A Ponzi, a fraud, a tool for terrorists, a threat to civilization, and so on. It’s not fun to have those accusations hurled in your face, so expect it and get ready for it.”
“3. Prepare for the worst. At some point we may need an alternative to the government-owned Internet. Setting up our own systems will not be hard or expensive, but it will require action on our parts. Learn about mesh networks (PDF) and packet radio. Those who can code should think about writing new high-latency protocols, or reviving old ones like FidoNet.”
The Money-ness of Bitcoins
“Are we witnessing the spontaneous emergence of an alternative virtual medium of exchange, as some would put it?”
The Great Gold vs Bitcoin Debate: Casey vs Matonis
22m15s “At one point their queue to get in as a trader was about 16,000 to 17,000 people long last week.”
WATCH: Elizabeth Warren Kicks Bank Regulator’s Ass
Elizabeth Warren for president of the USA. Hell, Elizabeth Warren for secretary general of the United Nations.
Colbert: Clearly Exxon is taking oil spill seriously or they wouldn’t have used the ‘quilted’ paper towels (VIDEO)
Remember, it’s not a toxic crude oil spill but whatever the stuff is it’s toxic.
COMEX Silver Inventories Fall Off Cliff As Registered Silver Declines by 10% in 48 Hours!
COMEX non-inventory non-movement
“The total silver comex OI continues to astound to our bankers. Here the total OI for the silver complex rose again by a gigantic 4,380 contracts from 162,241 all the way up to 166,62 despite the huge drop in silver price yesterday. Needless to say we are again at record multi year levels in silver OI. No doubt we have some very stoic longs who seem impervious to pain.They look for any opportunity that presents itself and then loads the boat. It sure looks to me like we have a major sovereign (like maybe China?) with proxies, standing for much of this silver.”
Why do I call this non-inventory non-movement ? Because the contracts can be paid in cash at the discretion of the COMEX.
Laurence Kotlikoff – No Your Bank Account Is Not Safe, and Neither Is The Financial System
“Professor Laurence Kotlikoff is an expert on the federal budget and the world banking system. The entire deposit insurance scheme has many fissures and will not protect you when you most need it. There’s too many deposits to be paid and not enough many to pay it. Prof. Kotlikoff has a better idea, force banks to put their deposits into mutual funds who will then be responsible for investing it. This will take the casino aspect out of the system and restore stability. Prof. Kotlikoff also has some very valuable investment tools available. Check them out at www.esplanner.com and www.MaximizeMySocialSecurity.com. They are excellent guides to help you plan your retirement.”
For the Price of the Iraq War, The U.S. Could Have a 100% Renewable Power System
Reactions to Sen. Rand Paul’s Speech at Howard University
“Sen. Rand Paul (R-Ky.) spoke to an audience at the historically black college Howard University yesterday. The junior senator from the Bluegrass State said he wanted to start a conversation between African-American voters and Republicans, who pulled just 7 percent of the black vote in the 2012 presidential race.”
Liberty & Civil Rights speech by Senator Rand Paul Howard University
“Senator Rand Paul joined the students at Howard University to discuss civil rights, liberty and the future of freedom in America today.”
Colorado Sheriff’s Legal Standing to Defend the Right to Bear Arms Over the Governor’s Decrees
“The Sheriffs in Colorado are responding to the will of the people and their oaths. They are the chief Law Enforcement Officer in the county. They answer to the people and not to the will of the Governor.”
Is Your Toothpaste Making You Stupid?
“Consuming massive quantities of the developmental neurotoxin known as toothpaste has turned a society of cavity conscientious citizens into a herd of shinny teethed imbeciles oblivious to the consequences of their pearly whites. The Fluoride that is added to drinking water and toothpaste has been lowering children’s IQ levels if consumed in quantities of 2 parts per million or greater. The most popular toothpaste brands on the market have a fluoride concentration level of 1,000 to 1,500 parts per million.”