The Daily Climb-Friday, Nov. 11th, 2011

Friday, Nov. 11th, 2011 – It’s amazing that two governments have collapsed, the bailout plans produce nothing, just as I said they wouldn’t, and yet people go on as if nothing is wrong. The world is very twisted. There are just too many deal breakers in the equation to allow the Euro to survive. The biggest is national gold holdings. The independence and autonomy that gold represents stands against the predatory ambitions of the IMF and World Bank.

China has problems of their own. Any ambition about becoming creditor to the industrial world carries a fatal flaw. No production economy cn prosper by selling into a declining market.  China may shoot itself in the foot in attempts to indebt the world.

The preferred business model of the central banks has always been slavery. Central banks dictate terms to national governments and populations become inventory, to be bought and sold.

I delete 400 adware tracking cookies on the average day’s activity. Since there are many activities that I don’t have, I’m sure that many people have more than that much tracking activity.

We are seeing startled reaction in response to the Itlian situation. Investors haven’t decided what kind of creature they’ve stumbled upon. They just know that it means n escalation of risk.

Cascade failures are the dark side of the fiat currency “coin”. The inevitable end of fiat currencies is bankruptcy and depression. It’s a question of when, not if.

Reality is the criticism of the Federal Reserve. The shelves are very sparse, these days, in the liquidity supermarket. The compny store ran out of physical gold and silver, long ago. Now they issue rain checks, called ETFs. Any business in the real world would have to have going out of business sale.


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