Wednesday, December 16, 2009

VIDEO: John Williams Explains When to Expect $Hyperinflation$$$$$$$$$$$

Paul Joseph Watson
Tuesday, February 17, 2009

Respected economist John Williams, editor of, a popular website that tracks real inflation figures, is advising that people hoard physical gold as well as food items in bulk so that they have some means with which to barter as the economic crisis turns ugly.

“Three or four years into the future I think we could be in a hyperinflation, within the current year you’re going to see much higher inflation than most people are looking at,” Williams told MarketWatch.

Williams said that his definition of hyperinflation would be a situation in which a $100 dollar bill would become more functional as a piece of toilet paper than a store of value.

“This is a time when you want to preserve your wealth and assets because inflation will knock the value out of it,” he added, advising that people buy physical gold and assets other than the U.S. dollar.

“Then when the hyperinflation hits you’ll see disruption of normal commerce, you won’t have enough $100 dollar bills to buy what you want,” said Williams, adding that items to barter with, such as a bottle of scotch, would be more valuable than actual cash, even in large quantities.

Williams said that such items should be procured now in bulk so people had some means with which to barter and get them through rough times.

At least as far back as April 2008, six months before the collapse of Lehman Brothers and Bear Stearns, Williams predicted that the world economy was entering a phase of “hyperinflationary depression” that would peak in 2010.

In a hyperinflation special report, Williams said that the U.S. was on an irreversible course of “financial armageddon” that would likely lead to “extreme political change and/or civil unrest”.

Top trends forecaster Gerald Celente has echoed Williams’ advice, remarking recently that putting food on the table will become a primary concern over buying gifts at Christmas.

Sunday, December 13, 2009

Current Silver Prices and Protecting Your Nest Egg

Jeffrey Lewis

I am absolutely convinced that the single best way to protect your nest egg and to grow that investment is to purchase silver based on current silver prices. With Silver prices where they are right now, and the global marketplace the way it is, it is just a matter of time before those who own silver are going to be very wealthy indeed.

Did you know that when it comes to high tech devices like cell phones, PDAs, and computers, silver is far more valuable than gold? Components in those devices require silver to operate properly.Can you say the same for the more expensive gold that is pretty much just used for jewelry?

Silver prices have been kept artificially (in my opinion, at least) low for decades, but with the ever increasing demand on the precious metal by the tech sector, the current silver prices can't stay down forever, especially with more people buying it than ever before. Silver coins are the single best investment option in today's economy and there is virtually no possibility that they will ever be valued at zero. Can you say the same for all of those stock certificates in your portfolio?

Now that almost every 401k and Individual Retirement Account across the country is in decline, more people are finally starting to realize that it probably wasn't the best idea to invest all of their savings in stocks and bonds. Current silver prices, while still reasonably low, have been increasing at a fairly steady pace over the past few years, so now is definitely the right time to get on board.

The American Silver Eagle coin is guaranteed by the U.S. Mint and authorized by the Congress since 1986. Each coin contains one full troy ounce of 99.9 percent pure silver bullion.

If you are searching for a way to more safely invest for your future and that of your family, it is the time to consider precious metals. While gold may be more popular, silver may be more in the reach of the average investor. It is definitely poised to see a tremendous increase in value over the next few years.
Silver Prices Will Explode!

One of the main motivators for investing in silver centers is the fact that silver prices are sure to increase-in a big way.

The big question is not whether silver prices will rise, but when. Perhaps the price explosion will not take place this week or even this year, but it is certainly inevitable and will likely come soon. This dramatic increase in price will make any investment in silver, no matter how small or large, look unbelievable.

One of the main motivators for investing in silver centers is the fact that silver spot prices are sure to increase-in a big way.

The big question is not whether silver price today will rise, but what happens long-term. Perhaps the price explosion will not take place this week or even this year, but it is certainly inevitable and will likely come soon. This dramatic increase in price will make any investment in silver, no matter how small or large, look unbelievable.

Rarely does an investment opportunity present itself that has this kind of profit potential. Following are a few of the reasons that silver prices are sure to take off.
Price Manipulation

There is much evidence that the current silver prices and other precious metals have long been manipulated and coordinated in order to keep markets and there derivatives stable. Obviously officials have denied this.

There is a fear that letting prices settle based on supply, demand, and factors associated with the greater economy would create a panic or fast sell-off, jeopardizing the greater financial markets. A few large banks with particularly strong interests in market stability continually bet on lower prices or short-sell silver.

The amount of "short" silver far exceeds the actual amount of silver by close to a year's worth of mine production. While this type of short selling exists in other markets, it is unprecedented and extreme in silver.
Dwindling Supply

Supply and demand fundamentals alone could trigger an explosion in silver prices.

Silver supply is short and demand continues to grow. This production deficit is well documented.

For more a more in-depth overview of silver supply characteristics and silver prices, click here.

Early 2008 experienced the first significant physical shortage on the retail market-a sign of things to come. The U.S. Mint has begun rationing silver eagles.

Click here for more about silver supply depletion.

Demand will continue, even in the face of flat economic growth, in part because of the emergence of new economies (BRIC countries), but also because silver plays an ever-present role in the manufacture of a vast array of consumer products that, even in the face of an economic slowdown, will continue to be necessary.
Silver is Money

Regardless of how disconnected this idea has become from modern society, silver has always been and will always continue to be a form of money.

It is entirely possible that the continued fall of the dollar could eventually spark a black market in alternative currencies, where gold and silver would be used for barter or in place of dollars.
Strong Dollar Policy

It's not difficult to imagine a fledgling hedge fund or new speculative investor creating a substantial position in the silver market. Silver prices are cheap, it is easy to store, and as discussed above, silver is an asset that can never go to zero.

Click here to learn more about how silver prices are manipulated.

The "strong dollar" policy, which includes manipulation of the gold market, disconnected the inflation alarm system. This made the dollar artificially strong, which, in turn, depressed all commodity prices including and allowed the U.S. to have all the cheap raw materials it needed.

Another reason to be skeptical of the silver price today.

This suppression of commodity prices also had the effect of stifling any investment which would have led to the increase in supply of those same commodities. The U.S. Government, the FED and the Cartel of U.S. Banks created the problem by trying to economically colonize the world, keeping the concentration of wealth in the hands of the few.

This scheme is now falling apart as the dollar descends to its intrinsic value.

Thursday, December 10, 2009

VIDEO: Monckton: Secretive Copenhagen Treaty Creates Larcenous Global Government Tax

Text of agreement outlines plan for tax on all transactions in addition to 2 percent GDP tax, mandates globalist power grab on an “unimaginable scale,” by a “sinister dictatorship,” warns Monckton

Paul Joseph Watson
Wednesday, December 9, 2009

Lord Christopher Monckton warns that the secretive draft version of the Copenhagen climate change treaty represents a global government power grab on an “unimaginable scale,” and mandates the creation of 700 new bureaucracies as well as a colossal raft of new taxes including 2 percent levies on both GDP and every international financial transaction.

Speaking with The Alex Jones Show, Monckton, who is in Copenhagen attending the UN climate summit, said that when he attempted to obtain a copy of the current draft of the negotiating text agreement, he was initially rebuffed before he threatened an international diplomatic incident unless the document was forthcoming.

“I insisted and it took about 10 minutes and they consulted each other with three or four of them arguing over it – none of them would produce the document….I said I know this treaty exists because this is what the conference is all about,” said Monckton.

Only after Monckton threatened repercussions was he handed the the current draft of the treaty, and the details it contained are perhaps a clue as to why the UN officials were so keen to keep it under wraps.

“Once again they are desperately trying to conceal from everybody here the magnitude of what they’re attempting to do – they really are attempting to set up a world government,” said Monckton, adding that the word “government” was no longer used but the process of further centralization of power into global hands was clearly spelled out in the treaty.

Monckton said that the new world government outlined in the treaty would be handed powers to, “Tax the American economy to the extent of 2 percent GDP, to impose a further tax of 2 percent on every financial transaction….and to close down effectively the economies of the west, transfer your jobs to third world countries – all of that is still in the treaty draft.”

As the leaked document out of Copenhagen reported on by the London Guardian revealed yesterday, this massive new system of global taxation will be paid not to the UN, but directly into the coffers of the World Bank.

“The draft hands effective control of climate change finance to the World Bank; would abandon the Kyoto protocol – the only legally binding treaty that the world has on emissions reductions; and would make any money to help poor countries adapt to climate change dependent on them taking a range of actions,” reported the Guardian.

Monckton illustrated the size of the new taxes being proposed by noting they amounted to at least half of the entire US defense budget.

“This is how they are going to fund this vast new government they’re setting up,” said Monckton, adding that he counted around 700 new bureaucracies that would be created as a result of the treaty, which would be bankrolled by taxpayers even outside of the raft of new taxes the treaty would create.

Monckton outlined how the new taxes would be enforced, stating, “They’re going to auction allowances to emit greenhouse gases and if you don’t buy an allowance to emit greenhouse gases, you won’t be allowed to emit them,” adding that the text contained a provision for a “uniform global levy of $2 dollars per ton of CO2 for all fossil fuel emissions,” as well as an additional tax on every commercial plane journey, except ones that go in or out of poorer countries.

There would also be a “global levy on international monetary transactions – that means every transfer of money across borders will be taxed,” said Monckton, adding that this would be on top of the GDP tax.

The treaty outlines, “Penalties or fines for non-compliance,” in developed countries and the creation of an international police force to “enforce its will by imposing unlimited financial penalties on any countries whose performance under this treaty they don’t like,” added Monckton, saying that it amounted to a total global government takeover on an “unimaginable scale”.

“We’re looking at a grab for absolute power and absolute financial control worldwide by the UN and its associated bureaucracies and 700 new bureaucratic bodies,” said Monckton.

Speaking about how such draconian measures were being forced through despite the recent scandal surrounding how key IPCC-affiliated scientists conspired to “hide the decline” in global warming, Monckton emphasized how the climate change establishment were still ludicrously attempting to downplay the significance of the climategate emails by merely repeating their already discredited propaganda about global warming.

“What has happened is that the mainstream media has done themselves terrible damage by signing up to this climate nonsense and then by servilely refusing to admit that climategate was happening, admit how serious it was and simply inform their readers of what was actually in these emails,” said Monckton, “Admissions that while they’re telling us, as the Met Office did just today, that today is the warmest decade since records began 150 years ago, privately what they’re saying in the climategate emails is ‘hey look we’ve got a temperature which has been falling and we can’t explain why and it’s a travesty that we can’t explain why’ – so they’re saying one thing to us publicly to maintain the scare that’s making them rich, and that’s what’s called fraud, it’s criminal fraud, and on the other hand they’re saying privately ‘oh dear oh dear we can’t account for the fact that there’s been no warming for the last 15 years’”.

Monckton said that the Copenhagen treaty meant America was in “immediate peril” of losing its freedom to a “sinister dictatorship” being formed under the contrived pretext of global warming.

Watch the five part interview with Monckton below.