blog.arithm

America may.. just… be starting to wake the frack up.

Some friends were recently asking why I was so enamored with silver. This is one of the best primers that I’ve seen:

Note that JP Morgan et al.’s ongoing criminal activity in the paper silver market is just coming to light now. If the CFTC can ever get reform pushed through, silver’s current bull is likely to don a jet pack.

Ignore the media nonsense about precious metals being in a bubble right now. There will be a bubble yes, but only after the current bond bubble bursts. Which may be soon: Peter Schiff was pointing out yesterday that the bond market is finally starting to show weakness and that mining stocks, many of which have hardly moved despite the ongoing precious metals bull run, are showing some life.

When the precious metals bubble does start to inflate for real, it’s going to dwarf the current run. Look for $5,000 gold, and crazy movements in silver.

I suspect that things will really start to heat up from the New Year.

Especially now that it’s kind of cheap again. For probably the last time.

True freedom begins with financial liberty.

This speaks volumes.

From the National Inflation Association:

Good information; too bad the NIA is backed by pump and dump scam artists.

And yet very little talk of gold on this continent…

Chris just implored his corner of Twitterspace to post more blog entries, so here goes.

You know that ponderous-seeming institution that overshadows everyday American life? The one that controls the currency supply by printing as much of the stuff as it possibly can? The one that grows the economy by encouraging the U.S. populace to dig itself into a Mariana Trench of debt? You know.. the Fed. The dreaded Fed.

Well, although Ron Paul’s attempt to audit the Fed was recently derailed by Chris Dodd and his cadre, Senator David Vitter has brought the bill back.

And it appears there will be a vote tomorrow. Dr. Paul is encouraging those who want to see the Fed brought back under some semblance of control to contact their senators with the following three points:

1. Support a standalone vote on S. 604 (the original Audit the Fed bill)
2. Oppose the overall Dodd bill
3. Support the Vitter amendment when the vote comes

In other words: Tell your senator that you would like the Federal government and the Federal Reserve to reveal where our money has been going, what’s been done with it, and how exactly we have managed to arrive at this particular economic precipice.

I guarantee the revelations will be more powerful than a Michael Bay summer blockbuster.

According to Hideo Kumano, chief economist at Dai-ichi Life Research Institute, Japan’s “debt to budget ratio is more than 50 percent” and without issuing more government bonds would be bankrupt by 2011.

This comes on the heals of strange reports from friends working in the Japanese IT industry. Supposedly Japanese tax collectors are showing up, unannounced, at medium and large-sized IT gaishikei, rifling through the books and insisting to peak into the accounts of executives.

Hmmm.

20% of our national wealth vanished transferred. And The Fed is gunning for more control.

How have US printing presses not yet caused a rift in the space-time continuum?