Gold investors who keep their eye on the funny money Federal Reserve Note valuation of their yellow metal have been treated to a rough year in general, and this past week helped to drive that point home as the precious metal hit a five-month low on a (hold your guffaws) “firmer dollar.” Prices broke down to the $1220 level at the beginning of the week and are currently holding in that range awaiting some key market data that might drive gold prices up or down.
Technical advantage in gold futures goes to the bears, as prices continue in that five-month low range. The next upside breakout objective is a close above technical resistance at $1258.20 and the downside breakout is a close below technical support of $1200. Silver bears are similarly in the driver's seat for March futures, with technical resistance at $20.35.
This month is front-loaded with market data in expectation of the Christmas / New Year lull. Data out this week include the Federal Reserve's "beige book" out later today along with Chinese non-manufacturing PMI numbers, the ECB's monetary policy meeting for December on Thursday, and a key U.S....
December 7th, 2012:Once again, in the grand tradition of American muckrakers, Stephen Lendman strikes to the heart of Wall Street/government collusion to protect the powerful and drive ordinary Americans into the Third World ditch. Here’s some straight talk on unaffordable health care, unrepayable student debt, bankrupt cities, money printing madness, trillion dollar tax havens, IMF financial terrorism, the austerity hoax, banksters’ market-rigging thievery, and the domestic police, media and legislative repression set to keep all that in place.
February 16th, 2012:The thesis of this book by John Benson is that, based upon Murray, G.M. Leasing, and the government’s admission to the Supreme Court in 1977, and put into plain English, all IRS processes and procedures are, in substance and effect, simply the ancient English revenue processes and procedures employed by the king’s revenue officials in the Exchequer (Treasury) in 1791 dressed up in modern garb. To be sure, the author claims, the words used are different and not easily understood. However, as the Murray Court stated clearly, “The name bestowed upon it cannot affect its constitutional validity.” 59 U.S. 272, 276 (1856). Link.
January 6th, 2012:American Free Press called this new book “an amazing encyclopedia” and “the final word on some of the biggest conspiracies in American history,” and I can tell you that I recommend it very highly. Florida talk-show host Bobby Lee said, “The Introduction alone is worth the price of the book.”
July 13th, 2011:
How Wall Street Fleeces AmericaThe 1913 Federal Reserve Act let powerful bankers usurp money creation authority in violation of the Constitution's Article I, Section 8, giving only Congress the power to "coin Money (and) regulate the Value thereof...." Thereafter, powerful bankers used their control over money, credit and debt for private self-enrichment, bankrolling and colluding with Congress and administrations to implement laws favoring them.
How Wall Street Fleeces America
The 1913 Federal Reserve Act let powerful bankers usurp money creation authority in violation of the Constitution's Article I, Section 8, giving only Congress the power to "coin Money (and) regulate the Value thereof...." Thereafter, powerful bankers used their control over money, credit and debt for private self-enrichment, bankrolling and colluding with Congress and administrations to implement laws favoring them.
August 19th, 2010:Breaking the Demopublican Monopoly --2004 publication. Breaking the Demopublican Monopoly: How to Unify the Political Right with a Third Party that Can Win. By Nelson Hultberg (with a special Appendix by Antal E. Fekete) We are taught in school that the strength of the American political system lies in the fact that we have a "two-party process." This is akin to teaching that babies come from storks. The reality is that America is now a one-party state. The Democratic and Republican parties have become nothing but two divisions of the same party -- the Central Leviathan Party. The Demopublicans now tax over 50% of our earnings every year. They steal hundreds of billions from our savings through currency debasement. They have brought us a national debt of over $7 trillion. They have saddled us with $45 trillion in unfunded liabilities to come due on the backs of our children. They have bankrupted us as a nation. It is a fallacy to say that third parties in America cannot work. All third parties like the Libertarians and Reformers that have sprung up in the past century have been built upon two strategic flaws that doom them to failure. Correct these two fundamental errors, and a genuine challenge to the Demopublicans can be launched. In this book, Nelson Hultberg shows how to avoid these two errors and attract millions of voters to the cause of freedom and Constitutional government. He outlines a daring, innovative political strategy that will stop the growth of the federal Leviathan cold and rebuild our nation upon gold money and fair taxation. Website: www.afr.org .