14
May
Federal Reserve Cannot Account for $9 Trillion
Rep. Alan Grayson talks to the Federal Reserve Inspector General Elizabeth Coleman of the Federal Reserve, asking her questions regarding trillions of dollars that came from the Fed's expanded balance sheet and what the losses on its $2 trillion portfolio are.
The Inspector General does not have the answers Grayson is looking for.
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19
March
Gold For Bread - Zimbabwe
MDC activist Sam Chakaipa returns to his village in rural Zimbabwe to find his friends and neighbours starving to death, reduced to panning gold powder from the rivers to exchange for food at an exorbitant rate.
The Guardian via Youtube:
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9
December
Gold in Backwardation; talk of a run on the COMEX
It wouldn't be suprising if you had never heard of backwardation. Though many commodities markets are frequently in backwardation, especially for seasonal or perishable/soft commodities, it has only happened twice in history in precious metals.
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11
November
I.O.U.S.A.: Byte-Sized - The 30 Minute Version
I.O.U.S.A. is a documentary film released earlier this year, and nominated for the Grand Jury Prize at the 2008 Sundance Film Festival. The film focuses on the shape and impact of the United States national debt and features Robert Bixby, director of the Concord Coalition, and David Walker, the current U.S.
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31
October
Rollover: Essential Movie Viewing in these Unprecedented Financial and Economic Times
Rollover is the story of faded Hollywood siren Jane Fonda who inherits a multi-million dollar company after her powerful bank president husband is murdered. While trying to find her dead love's killer, she runs his corporation with the help of charming banker Kris Kristofferson in the weeks before a worldwide currency and financial collapse.
It was the 1981 movie Jane Fonda "got made" after her exploration of the d
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20
October
FT Video on Gold - Gold & Silver Investments' Flood Interviewed
In a very interesting video about the gold market today, Stephen Flood of Gold and Silver Investments is interviewed by Javier Blas of the FT .
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14
October
Will Bailouts Risk Hyperinflation? (CNBC Video)
Government bailouts of the financial system will destroy the dollar, euro and sterling because of hyperinflation, Martin Hennecke, senior manager of private clients at Tyche told CNBC. But Todd Everts, president & CEO of Wall Street Global, disagreed.
"The privatization of the banks is the first step down the road to hyperinflation," Hennecke said Monday.
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9
October
Wall Street's Shadow Market (Video)
Snippet from CBS's 60 minutes special on the the problems facing Wall Street.
Worth watching as it focuses on some of the less-mentioned causes of the financial crisis, including the role of Credit-Default-Swaps, which were sold alongside the subprime mortgage securities (CDOs) as a way to minimise risk.
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25
September
'Hitler's Gold Grab'
This fascinating, frightening and compelling video details the plundering of Austrian, Czech, Polish and other national gold reserves and the theft of German and european citizen's (especially the Jews) gold for the Reichsbank.
. Gold was moved to a secret potassium mine in Merkers in Thuringia in the very heart of Germany.
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22
September
Forget stocks, gold is back!
Gold & Silver Investments very own David Russell appeared on CNN on Friday:
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15
August
I.O.U.S.A
Few are aware that America may be on the brink of a financial meltdown. I.O.U.S.A. explores the country's shocking current fiscal condition and ways to avoid a national economic disaster.
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17
July
It's Not Your Grandfather's Bank Run ... Yet
From Wikipedia: Bank runs first appeared as part of cycles of credit expansion and its subsequent contraction. In the 16th century onwards, English goldsmiths issuing promissory notes suffered severe failures due to bad harvests plummeting parts of the country into famine and unrest.
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30
June
From the Sub-Prime to the Ridiculous
On a day when I read that rising fuel prices are putting a pinch on the world's oldest profession I am reminded that there are commentators that can laugh in the face of creeping economic woes.
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21
May
Buffett, Soros Refute 'Credit Crunch Over' Mantra: Market Pays Heed
It ain't over til it's over.
That was the message from investing legends Warren Buffett and George Soros yesterday, and the market is taking heed today.
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18
April
Bernanke buys Bear Stearns traders' Maseratis
Jim Rogers was his usual outspoken self when interviewed on Bloomberg's Morning Call.
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15
April
Cramer is not-so-Mad About (paper) Money
Cramer is an over-the-top wind bag who I would not trust with a ten foot barge pole (he uses sound effects!) but he is observed and followed by many on Wall Street and his recommendations will lead to increasing speculative and investment demand and his prediction of gold over $1,650 per ounce is conservative.
He does make the interesting point, however, that when the IMF talks about selling gold it is really buying paper currency; "and I don't want to stock up on paper currency right now."
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