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IRS has always been a Political Tool against the Press & Individuals

The IRS has been targeting conservatives groups for political purposes. Whenever someone offends the government, out come the tax charges. This is how they control the press. The pick up the phone and ask for a favor. If you dare say no, out comes the IRS to examine the paper of the individual. Lyndon LaRouche […]

Spanish are Migrating to Germany for Welfare

Germany and its austerity policies that have been forced upon the rest of Europe with no sense of how to create economic growth for the future, is now experiencing a interesting side-effect of the Euro. They did create freedom of movement and the right to social benefits throughout Europe as a EU citizens. They did […]

Today’s Closings – Gold – Silver – Euro – Dow

In June Gold, a closing below 1439 will keep gold in a vulnerable position where support next week will be at the 1385-1400 level with still resistance at 1476 even becoming firmer. In silver, the support lies at 2250. A daily closing beneath that will signal new lows ahead. The day of the high for […]

Taxing the Rich

There has been a major effort to hunt down offshore accounts by all governments. They do not see what they are doing to the world economy how they are closing it down and how that will lead to a massive global economic implosion. Everything that built civilization is being torn apart. A joint investigation by […]

Change Only Comes from the Bottom-up

The Republican staff are all meeting in Virginia right now. The 800 pound gorilla is the upcoming debt ceiling vote. Of course, they are explaining that there can be no confrontation over this. So they are trying to convince everyone to vote for it and what is your problem. Effectively, the staffers are the real […]

Unemployment the Lowest since 2008

The private sector continues to expand albeit modestly. This is not a long-term trend. The US economy will turn down 2015.75 for a host of reasons, rising dollar, declining sales to Europe and its recession turns into depression. This is what we have been warning about. Not all countries implode at the same time. It […]

The Problem With Bankers & the Fed

The problem with the NY bankers is they simply want to trade with other people’s money. They have to have their wings clipped. If they want to trade, change careers and become hedge fund managers. Then you can only keep a portion of what you make not 100%, and when you are wrong, you can’t […]

Gold Inventories

QUESTION: What about the gold inventory decline. Is this not significant? ANSWER: No. The inventory at COMEX has always been volatile. Inventories rise and fall without any leading indicator to price. Supplies will shift also between London and New York. Inventories dropped sharply after 1980 as well. Manipulators often play with the inventories of all […]

Windows 8

A reader in the field writes to correct the posts regarding Windows 8. To clarify, indeed, all systems since Windows 2000 phone home. What I object about with Windows 8 is that it now reports 3rd party programs that you install. Granted the theory is they are protecting you like government. This I find offensive […]

California Sues JP Morgan Chase for Illegal Practices

The NY Banks are use to controlling the courts in NYC so much so that they forgot the rest of the world does not accommodate everything they do. California’s attorney general filed suit Thursday, alleging that JPMorgan Chase & Co. used illegal tactics in its efforts to collect debts from more than 100,000 credit card holders between 2008 […]