Former Assistant Treasury Secretary PhD. Paul Craig Roberts says, “The West is draining itself of physical bullion. . . If there is a currency collapse and you try to flee into gold, there won’t be any there. The Chinese will have it.” So, is this the year gold and silver stage a big turnaround? Roberts says, “It’s gone on longer than I thought it could go on. I didn’t realize all the deceptive and crooked methods they would use to rig the markets. The notion that a democratic capitalist country having its markets rigged by its own authorities–it blows the mind. This is not normal. What will they do next? I don’t know.”
Dr. Paul Craig Roberts: If the Currency Collapses & You Try to Flee Into Gold,There Won’t Be Any
JPMorgan Criminal Charges, Chris Christy Bridgegate “Stupid”, UK Mint Runs Out of Gold Coins & More
New Jersey Governor Chris Christy and the “lane closure gate” on the George Washington bridge between New York and New Jersey. In a word, it is “stupid.” The amount of time the networks spent on this story is outrageous. They should spend this much time on things like the NSA spying and the IRS being used as a political weapon.
Here’s the latest economic lie: USA Today reports “Job Growth’s Looking Better.” Forget that 70% of those jobs are part-time and pay low wages.
Another week and it’s another fine for JP Morgan. This time, it was to settle criminal charges for the bank’s involvement in the $65 billion Bernie Madoff scandal. JP Morgan paid a total of $2.5 billion in fines and restitution. Boy, I’ll bet Mr. Madoff would have liked to get his check book out to settle criminal charges instead of spending the rest of his life in jail for ripping people off for 10’s of billions of dollars.