Did bankers use the MF Global bankruptcy to suppress gold and silver prices and create the panicked appearance of collapsing precious metals to give themselves additional precious time to delay the crash of the Euro and the US Dollar? As crazy as this sounds, a closer investigation of some key data seems to imply this possibility. Continue reading →
“the British, European and American establishments intend to defend their wealth and privilege by any means and will never agree to this revolutionary transformation of their banking system.” LarouchePac Continue reading →
Ever since the news broke out about current President of Venezuela, Hugo Chavez, who wanted to have 211 tonnes of gold transported back to Caracas, the news have been covering this and wondered how he was going to do that. This amount of gold is worth over US $12 billion. Finance Minister Jorge Giordani said that the weakening US dollar, a near-default by the US government and the European sovereign debt crisis has been threatening Venezuela’s savings and they will be more secure at home.
Max Keiser and Stacy Herbert, on the Keiser Report, are talking about how Chavez request for his gold could mean collapse for JP Morgan. Continue reading →