Who do you trust?

Discussion on Gold, Silver, Platinum, Palladium, Rhodium, Lanthanides, Cobalt miners and physical metals investing. Energy miners are uranium & oil sands.

Any market discussion, recommendations, news related to contra investments, conspiracies to defraud general stock market participants especially PM investors are welcome as well.

Who do you trust?

Postby mxsquid » 13 May 2009, 04:11

Jim Rogers on Bloomberg TV 5/12/2009

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Strong believer in Agriculture, Canadian Equities, Silver vs Gold, Palladium vs Platinum


Jim Rogers on Bloomberg TV from Singapore
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Re: Who do you trust?

Postby mxsquid » 19 May 2009, 06:39

Ron Paul discusses Austrian vs. Keynesian economics on mainstream TV

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Re: Who do you trust?

Postby mxsquid » 07 Jun 2009, 00:13

Jim Puplava 2nd Hour "Big Picture" Financial Sense News Hour June 6, 2009

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Click to hear his investment strategies (MP3 format, no download required)



Dr. Marc Faber "100% sure of hyperinflation" Interview on KingWorldNews.com

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Re: Who do you trust?

Postby mxsquid » 07 Jun 2009, 03:45

Nomi Prins Interviewed by Jim Puplava

A prescient view of events that transpired in 4 1/2 years since the interview memorialized below

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Other People's Money: The Corporate Mugging of America
February 19, 2005

In the first years of the Bush administration, some of America’s most prominent corporate executives cashed out billions of dollars in stock and stock options before driving their companies to ruin through fraud and bankruptcy. In their wake they left a tangle of lost jobs, depleted pensions, and shattered lives. Yet, to write off this corruption as the unbridled greed of a select few is an oversimplification. As Nomi Prins shows in this devastating exposé, the much-publicized corporate malfeasance of recent years resulted from deregulation that trashed the rules of responsible corporate behavior. Faced with increasingly absent regulatory agencies, toothless legislation, and an utter lack of accountability, the stock market roared on the back of phony balance sheets while the executives made out like bandits.

Nomi Prins has held posts as Managing Director at Goldman Sachs and Senior Managing Director at Bear Stearns, as well as senior positions at Lehman Brothers and the Chase Manhattan Bank. She has written for Fortune, Newsday, The Guardian, Left Business Observer, and La Vanguardia.


An insider view of what was to come in our financial crisis.


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Re: Who do you trust?

Postby mxsquid » 10 Jun 2009, 00:20

How Wall Street Ruined American Style Capitalism

When the current crisis is over, the reputation of American-style capitalism will have taken a beating—not least because of the gap between what Washington practices and what it preaches. Disillusioned developing nations may well turn their backs on the free market, warns Nobel laureate Joseph E. Stiglitz, posing new threats to global stability and U.S. security.


Click the picture to get to the Vanity Fair Article which also discusses Schadenfreude, a secret pleasure at someone else misery.

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Re: Who do you trust?

Postby mxsquid » 11 Jun 2009, 21:31

Which Obama did we Elect?

Greg Palast on the continuing sordid history started by Clinton, Bush, Obama, Summers, Rubin: Glass-Steagall Repeal




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Re: Who do you trust?

Postby mxsquid » 13 Jun 2009, 21:16

Max Keiser on the $134 billion bond arrests in the news on June 12, 2009

The U.S. bonds were discovered by Italian police in the false bottom of a suitcase held by two Japanese men on a train near the Swiss border on June 3.

The two men would, if the bonds are genuine, be the US government's fourth-biggest creditor, ahead of the UK with $128bn of US debt, and behind Russia, which is owed $138bn. The two men could also be fined around 40 per cent of the total value of the bonds – $38bn.

Keiser also interviews Rick Ackerman on the coming debt deflation.


Original Podcast via Resonance 104.4, a London based news service



On the Edge with Max Keiser and Stacy Herbert




maxkeiser.com: On the Edge 6/13/2009
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Re: Who do you trust?

Postby mxsquid » 04 Jul 2009, 12:04

Nassim Taleb

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Taleb put a psychological, mathematical, and (mostly) practical framework around the philosophical problems in a long lineage of skeptical philosophers, including Socrates, Sextus Empiricus, Al-Ghazali, Pierre Bayle, Montaigne, David Hume and Karl Popper in believing that we know much less than we think we do, and that the past should not be used naively to predict the future. Furthermore, as a practitioner he creates a decision-making framework of "how to act under incomplete understanding, imperfect information". Taleb now focuses on being a researcher in the philosophy of randomness and the role of uncertainty in science and society, with particular emphasis on the philosophy of history and the role of fortunate or unfortunate high-impact random events, which he calls "black swans", in determining the course of history.

Taleb believes that most people ignore "black swans" because we are more comfortable seeing the world as something structured, ordinary, and comprehensible. Taleb calls this blindness the Platonic fallacy, and argues that it leads to three distortions:

1. Narrative fallacy: creating a story post-hoc so that an event will seem to have an identifiable cause.
2. Ludic fallacy: believing that the unstructured randomness found in life resembles the structured randomness found in games. Taleb faults random walk models and other inspirations of modern probability theory for this inadequacy.
3. Statistical regress fallacy: believing that the structure of probability can be delivered from a set of data.


10 Principles to Make the World Black Swan Proof

http://en.wikipedia.org/wiki/Nassim_Taleb
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Re: Who do you trust?

Postby mxsquid » 08 Jul 2009, 00:51

Matt Taibbi

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The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money


Matt Taibbi in Rolling Stone: The Great American Bubble machine
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Re: Who do you trust?

Postby mxsquid » 19 Jul 2009, 18:01

Tyler Durden (zerohedge) post on a Dylan Ratigan Inteview with Barry Ritholtz

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Goldman Sachs Shenanigans

http://zerohedge.blogspot.com/2009/07/r ... ldman.html
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Re: Who do you trust?

Postby mxsquid » 19 Jul 2009, 21:24

Stiglitz: Temporary Bank Nationalization Necessary

Columbia Business School


http://fora.tv/2009/02/19/Stiglitz_Temp ... _Necessary
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Re: Who do you trust?

Postby mxsquid » 24 Jul 2009, 14:56

Marla Singer on ZeroHedge Open Letter to Financial Media

Tyler Durden, Marla Singer: Protagonists in the "Fight Club"

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Investigate something .... How about fraud? Groundbreaking, we know.


http://zerohedge.blogspot.com/2009/07/o ... media.html
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Re: Who do you trust?

Postby mxsquid » 02 Aug 2009, 14:53

Karl Denninger on the GDP 8/1/2009



More Denninger

Is the FDIC Broke and Covering It Up?
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Re: Who do you trust?

Postby mxsquid » 12 Aug 2009, 12:09

Taleb: You Fools Don't Understand That We're Doomed

* We're all in denial
* We're replacing private debt with public debt.
* We're not dealing with the cancer in our banking system.
* We're not making the structural changes we need to make.
* We're not being aggressive enough about restructuring debt (debt for equity swaps).
* Bernanke is a wimpy Greenspan sycophant
* Obama's rewarding the fools who got us here (Summers, Bernanke, Geithner)
* The banksters are taking over again


CNBC Interviews Taleb & Roubini on Aug 12, 2009
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Re: Who do you trust?

Postby mxsquid » 13 Aug 2009, 18:03

Bill Fleckenstein on King World News

Is Strong Dollar possible?

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http://articles.moneycentral.msn.com/In ... ation.aspx
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Re: Who do you trust?

Postby mxsquid » 22 Aug 2009, 05:48

Gerald Celente

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Obamageddon / Revolution in 2012




More Celente on King World News on the Goldman Crime Family

http://kingworldnews.com/kingworldnews/ ... lente.html
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Re: Who do you trust?

Postby mxsquid » 26 Sep 2009, 20:17

Gold Brief with GATA

Eric King interviews Bill Murphy and Chris Powell. The Fed admits that gold swap arrangements exist with foreign banks which can be used for gold price suppression schemes, potentially a "crime against humanity". Can the Federal Reserve really reveal that they don't have the gold?

“The last duty of a central banker is to tell the public the truth.” Alan Blinder, Vice Chairman of the Federal Reserve

Bill Murphy
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Chris Powell
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Kevin Warsh, Federal Reserve Board Member admits Gold Swaps with foreign banks to GATA

Link to GATA interview on King World News 9/25/2009
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Re: Who do you trust?

Postby mxsquid » 26 Sep 2009, 23:57

Representative Alan Grayson questions Fed Counsel Scott Alvarez

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Has the Federal Reserve ever tried to manipulate the stock market?

Does the Federal Reserve actually possess all the gold listed on their balance sheet?




October 2, 2009 interview on King World News


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Re: Who do you trust?

Postby mxsquid » 25 Oct 2009, 11:49

Brooksley Born

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Brooksley Born is the former head of the Commodities Futures Trading Commission (CFTC) who warned of the dangers of the OTC Derivatives market in the 1990's. She attempted to regulate this market even as Allen Greenspan, a disciple of Ayn Rand insisted that no regulations were needed.

We didn't truly know the dangers of the market, because it was a dark market. They (Greenspan, Rubin, Summers) were totally opposed to it. That puzzled me. What was it that was in this market that had to be hidden?


Link to the entire PBS documentary, The Warning

Jim Puplava recap of the The Warning, PBS documentary in MP3 format.

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Re: Who do you trust?

Postby mxsquid » 26 Oct 2009, 21:10

Peter Schiff Warns of an Imminent Dollar Collapse

despite short term strength.


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Re: Who do you trust?

Postby mxsquid » 30 Oct 2009, 01:00

Congressman Ron Paul asks Federal Reserve Governor Elizabeth Duke uncomfortable questions.

He champions consumers rights and makes a very strong case that the Fed has done nothing to enforce regulations on banks, has made secret deals with foreign entities which may be unconstitutional. He concludes that it is in the consumers interest to to know how its taxes are being spent. On low interest rates, "the consumer loses on that deal".

July 16, 2009: House Financial Services Subcommittee on Domestic Monetary Policy and Technology. The hearing title is "Regulatory Restructuring: Safeguarding Consumer Protection and the Role of the Federal Reserve."

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Re: Who do you trust?

Postby mxsquid » 16 Nov 2009, 00:08

Jim Sinclair on King World News 11/13/2009

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Re: Who do you trust?

Postby mxsquid » 18 Nov 2009, 00:54

Jim Puplava Financial Sense Newshour 11/14/2009 Natural Resources

Discussions on Energy, Silver

Dr. Robert L. Hirsch, Ph.D., Senior Energy Advisor, Management Information Services, Inc. (MISI)
Topic: The Decline of World Oil Production & Its Possible Impacts


Keith Neumeyer, President & CEO,
First Majestic Silver Corp. (TSX: FR)

Lorne Waldman, Corporate Secretary, Silvercorp Metals Inc. (TSX: SVM)



Key oil figures were distorted by US pressure, says whistleblower

Part 2 featuring silver miners MFN, SLW, SSRI


Mark H. Bailey, Director, President & CEO, Minefinders Corporation Ltd.
(TSX: MFL | AMEX: MFN)

Peter Barnes, President, CEO & Director, Silver Wheaton Corp. (TSX: SLW)

Rachel Benepe, Portfolio Manager - Gold Fund, First Eagle Funds
Topic: Value Gold Investing

Robert A. Quartermain, President & CEO, Director, Silver Standard Resources Inc. (TSX: SSO | NASDAQ: SSRI)



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Re: Who do you trust?

Postby mxsquid » 05 Dec 2009, 10:47

Jim Bunning interrogates Ben Bernanke

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Even if all that were not true, the A.I.G. bailout alone is reason enough to send you back to Princeton. First you told us A.I.G. and its creditors had to be bailed out because they posed a systemic risk, largely because of the credit default swaps portfolio. Those credit default swaps, by the way, are over the counter derivatives that the Fed did not want regulated. Well, according to the TARP Inspector General, it turns out the Fed was not concerned about the financial condition of the credit default swaps partners when you decided to pay them off at par. In fact, the Inspector General makes it clear that no serious efforts were made to get the partners to take haircuts, and one bank’s offer to take a haircut was declined. I can only think of two possible reasons you would not make then-New York Fed President Geithner try to save the taxpayers some money by seriously negotiating or at least take up U.B.S. on their offer of a haircut. Sadly, those two reasons are incompetence or a desire to secretly funnel more money to a few select firms, most notably Goldman Sachs, Merrill Lynch, and a handful of large European banks. I also cannot understand why you did not seek European government contributions to this bailout of their banking system.
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Re: Who do you trust?

Postby mxsquid » 19 Jan 2010, 03:57

Peter Schiff on the Lunacy of Government

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Re: Who do you trust?

Postby mxsquid » 05 Mar 2010, 21:15

Chris Waltzek with Bob Chapman, Harry S. Dent, Jr., G. Edward Griffin

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Re: Who do you trust?

Postby mxsquid » 02 Apr 2010, 08:38

Jim Rickards

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Jim Rickards is a writer, lawyer and economist with over 30 years experience in global capital markets. Mr. Rickards has been a direct participant in many of the most significant financial events over the past 30 years including the 1981 release of US hostages in Iran, the 1987 Stock Market Crash, the 1990 collapse of Drexel, and the LTCM financial crisis of 1998 in which Mr. Rickards was the principal negotiator of the government-sponsored rescue. In this interview Jim discusses Greece, the Eurozone, the Euro, gold, gold demand from central banks, how China specifically will satisfy their gold demand, Chinese citizens demand for gold, the ramifications of certain central bank purchases, the potential breakout of war between Israel and Iran, who may strike first and subsequent implications for the oil market and much more.



Jim Rickards interview on King World News
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Re: Who do you trust?

Postby mxsquid » 10 Apr 2010, 17:50

Dylan Ratigan on the Federal Con Job (with Alan Grayson)

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Re: Who do you trust?

Postby mxsquid » 11 Apr 2010, 06:46

Larry Parks, Director of FAME

FAME - Foundation for the Advancement of Monetary Education


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Interviewed by Jim Puplava April 10, 2010

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Re: Who do you trust?

Postby mxsquid » 24 Jun 2010, 04:21

The Corbett Report with F. William Engdahl

On oil & politics


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Re: Who do you trust?

Postby mxsquid » 24 Jun 2010, 05:05

James Corbett

Meaning of "Austerity"


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Re: Who do you trust?

Postby mxsquid » 09 Oct 2010, 14:56

Janet Tavakoli

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The Biggest Fraud Ever In Capital Markets
via Jim Sinclair

JT: This is the biggest fraud in the history of the capital markets. And it’s not something that happened last week. It happened when these loans were originated, in some cases years ago. Loans have representations and warranties that have to be met. In the past, you had a certain period of time, 60 to 90 days, where you sort through these loans and, if they’re bad, you kick them back. If the documentation wasn’t correct, you’d kick it back. If you found the incomes of the buyers had been overstated, or the houses had been appraised at twice their worth, you’d kick it back. But that didn’t happen here. And it turned out there were loan files that were missing required documentation. Part of putting the deal together is that the securitization professional, and in this case that’s banks like Goldman Sachs and JP Morgan, has to watch for this stuff. It’s called perfecting the security interest, and it’s not optional.

EK: And how much danger are the banks themselves in?

JT: When we had the financial crisis, the first thing the banks did was run to Congress and ask for accounting relief. They asked to be able to avoid pricing this stuff at the price where people would buy them. So no one can tell you the size of the hole in these balance sheets. We’ve thrown a lot of money at it. TARP was just the tip of the iceberg. We’ve given them guarantees on debts, low-cost funding from the Fed. But a lot of these mortgages just cannot be saved. Had we acknowledged this problem in 2005, we could’ve cleaned it up for a few hundred billion dollars. But we didn’t. Banks were lying and committing fraud, and our regulators were covering them and so a bad problem has become a hellacious one.

http://voices.washingtonpost.com/ezra-k ... _in_t.html
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Re: Who do you trust?

Postby mxsquid » 20 Nov 2010, 07:49

Bob Chapman Interview on the Precious Metals Mini Crash on Nov 17, 2010

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