Saturday, 12 March 2011

Weekend Update March 12, 2010

Waiting on Japan.

Baltic Dry Index. 1562

LIR Gold Target by 2019: $30,000. Revised due to QE.

This weekend something different. While we wait of news from Japan on the rescue efforts and on the explosion at a nuclear power plant north of Tokyo, today a disturbing view on the rise and rise of closed circuit TV cameras, and a smart and witty presentation on why the dollar fiat currency reserve standard is doomed to fail. Unfortunately, no other fiat currency is likely to be any better managed, and ultimately we are headed back to an international settlements system based on precious metals. Politicians and crooked central bankers can not be trusted to run the world’s money. We the people, need to keep politicians and banksters in check, by removing their ability to rob future generations of their wealth and natural assets.

Up first, big brother is watching you except when conveniently he isn’t.

The Last Word on CCTV



Next, fiat money gone bad.


The same thing via Jack Daniels


Normal service resumes Monday, by which time we will have enough information form Japan to begin making informed investment decisions again.


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