30/11/2015


Your Pre-Thanksgiving Hyperinflationary Warning Sign that Most Will Ignore

by John Galt November 30, 2015 20:50 ET Should Treasury Ditch the Penny? It’s Under Review The Treasury Department, which has already announced plans to put a woman on the $10 bill, is also conducting a review to see if it still makes sense to keep the penny. This article from November 24th under the Wall Street Journal’s Real Time Economics blog should be a warning of to what is coming for America’s future. Yet it hardly caught a wince or a smile as most of us were getting wasted on…


The Dollar Surges, Gold is Broken, and the Fed is Screwed

by John Galt November 30, 2015 20:20 ET Let’s start tonight’s rant with a musical memory from waaaaaayyyy back in those good old days almost identical to the time when the Federal Reserve controlled all the gold and thought they know what the hell they were doing: Nothing like the top song from 1937, “Sing, Sing, Sing” by Benny Goodman. Now go to the mezzanine and pick up your favorite pack of Lucky Strikes from the sexy girl near the entrance. Meanwhile, as the Federal Reserve careens over the cliff, just…


The Mafia Expands: Micheal Bloomberg, Henry Paulson, Tim Geithner to Control US Trading of China’s Currency

by John Galt November 30, 2015 19:10 ET Remember the “Great Recession” and the Housing Crisis of 2006-2010? Good news boys and girls, two of the men directly responsible for preventing and enforcing the laws, rules, and regulations which could have stopped or lessened the impact of the financial crisis which came within hours of destroying the United States financial system have been given a reward: They are both now co-chairs of a committee led by the corrupt former Fascist mayor of New York, Micheal Bloomberg which will control Yuan trading…


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