Long-term unemployment to leap by 750,000, according to latest forecasts

An extra 750,000 people will join the ranks of the long-term unemployed over the next four years due to deteriorating economic circumstances, according to new government forecasts.

The figures, lodged in the House of Commons library last week by the Department for Work and Pensions (DWP), show an increase of 32% from 2.4 million to 3.3 million in the number of people expected to be entered into the Work Programme – the government's flagship project for finding work for those who are typically out of work for longer than 9-12 months.

More than 100,000 prison leavers will now also be entered into the Work Programme for the first time but when this group excluded from the new total, the upward revision compared with 2010 DWP figures is 743,000...more

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A War By Other Means In The Middle East

The assassination of Mostafa Ahmadi Roshan, deputy director of Natanz nuclear plant, this month is the fourth such killing of top Iranian nuclear scientists over the past year and half.
This is not just an act of terror, as Tehran chose to describe it, but a declaration of war. It would have provoked a third World War if the US and the now deceased Soviet Union had attempted something similar against each other’s scientists. No other country for that matter would tolerate such attacks on its citizens and national interests.

The less said of the United Nations the better...The world body created to protect peace and resolve conflicts hasn’t just failed in its raison de’tre — its purpose of existence — it has become a willing tool in the hands of the world powers. The UN has increasingly been acting as handmaiden of the empire, with its institutions like the IAEA offering the fig leaf of legitimacy and at times even aiding in its quest for global hegemony.

Abdicating its collective responsibility, the world community stands and stares once again as the coalition of the ever willing cooks up yet another unjust war against another oil-rich Middle East nation....more

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GERALD CELENTE - The Current Global Unrest

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Money As Debt-Full Length Documentary

BBB rated:  'must watch'

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More quantitative easing likely after fall in money supply

The prospects of fresh action by the Bank of England to boost growth increased on Tuesday after Threadneedle Street released figures showing a contraction in the money supply and weak borrowing by both companies and households.

News of a drying up of credit left City analysts confident that a fresh round of quantitative easing would be announced by the Bank's nine-strong monetary policy committee when it meets next week.

Data from the Bank showed that consumers repaid credit card debts in December, while borrowing by the corporate sector fell at its fastest rate since the summer of 2009. The broad measure of the money supply – which includes notes and coins in circulation and bank balances – dropped by 1.4% in December, the biggest one-month decline on record...more

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Silver Surges 21% in January - Silver Demand Is “Diminishing A Supply Surplus”

There continues to be no coverage of silver in the non specialist financial media and little coverage of silver in the specialist financial media. However, both the Financial Times and Bloomberg cover silver today which might be a harbinger of short term weakness. The majority of articles on silver are bearish and most bank analysts remain bearish on silver again in 2012 – as they have been in recent years. Prices will average $37.50/ounce in Q4, according to a survey of 13 analysts by Bloomberg. The lack of coverage of silver and consequent “animal spirits” in the silver market is of course bullish from a contrarian perspective. Analysts look set to get the silver market wrong again as recent rocketing industrial demand for silver, from solar panels to batteries to medical applications and growing investor demand for coins, and small & large bars is “diminishing a supply surplus” according to Nicholas Larkin of Bloomberg. This has led to silver’s best January gains in 30 years with silver up over 20% from below $28/oz to nearly $34/oz. Barclay's estimates that manufacturers will need a 2.5% increase of the metric tons used last year and investment demand continues to grow due to risks posed by both inflation and systemic risks. Silver supply shortages are something we and other analysts who are bullish on silver have been warning of for some time. This is because the silver market is small versus the gold market and tiny versus equity, bond, currency and derivative markets. This is why we believe silver should rise to well over its nominal recent and 1980 high of $50/oz in the coming months....more

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Panopticon Coming to a Neighbourhood Near You!

The US is fast becoming one massive open air prison camp. Few realize that one by one their natural rights are being stripped by the fascist “criminal” law system. As we’ve noted in the past, more than 30% of those under 23 have been arrested as the fascist US Government works to ensnare as many as possible into permanent indentured servitude through a criminal record. From the New Yorker

Over all, there are now more people under “correctional supervision” in America—more than six million—than were in the Gulag Archipelago under Stalin at its height. That city of the confined and the controlled, Lockuptown, is now the second largest in the United States.

Once you have that special status the doors quickly close for you, and you will never be able to legally escape from the US. Your travel will be restricted and you will not be eligible to apply for a foreign passport.
Seemingly not content with having the largest prison population in the world, the US leviathan continues to expand its web to ensnare more into “the system”....more

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War in Iran would mean WWIII’

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Why Ron Paul Will Not Win - Diebold Accidentally Leaks 2012 Election Results

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Massive US Military Buildup on Two Strategic Islands: Socotra and Masirah

While quietly casting lines to draw Tehran into talks on their nuclear dispute, President Barack Obama is reported exclusively by DEBKA-Net-Weekly’s military and Washington sources to have secretly ordered US air, naval and marine forces to build up heavy concentrations on two strategic islands – Socotra, which is part of a Yemeni archipelago in the Indian Ocean, and the Omani island of Masirah at the southern exit of the Strait of Hormuz.

Socotra is situated 80 kilometers east of the Horn of Africa and 380 kilometers southeast of the Yemeni coastline. It lies athwart the Red Sea and the Gulf of Aden. A military base there is in a position to oversee the shipping moving in and out of those strategic naval waterways.

Lushly verdant, Socotra is approximately 120 kilometers long by 40 kilometers wide. Its population of 55,000 has its own distinct language and culture. Since 2010, the US has been quietly building giant air force and naval bases on Socotra with facilities for submarines, intelligence command centers and take-off pads for flying stealth drones, as part of a linked chain of strategic US military facilities in the Indian Ocean and Persian Gulf.

The Socotra facilities are so secret that they are never mentioned in any catalogue listing US military facilities in this part of the world, which include Jebel Ali and Al Dahfra in the United Arab Emirates; Arifjan in Kuwait; and Al Udeid in Qatar – all within short flying distances from Iran....more

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This Is Europe's Scariest Chart

Surging Greek and Portuguese bond yields? Plunging Italian bank stocks? The projected GDP of the Eurozone? In the grand scheme of things, while certainly disturbing, none of these data points actually tell us much about the secular shift within European society, and certainly are nothing that couldn't be fixed if the ECB were to gamble with hyperinflation and print an inordinate amount of fiat units diluting the capital base even further. No: the one chart that truly captures the latent fear behind the scenes in Europe is that showing youth unemployment in the continent's troubled countries (and frankly everywhere else). Because the last thing Europe needs is a discontented, disenfranchised, and devoid of hope youth roving the streets with nothing to do, easily susceptible to extremist and xenophobic tendencies: after all, it must be "someone's" fault that there are no job opportunities for anyone. Below we present the youth (16-24) unemployment in three select European countries (and the general Eurozone as a reference point). Some may be surprised to learn that while Greece, and Portugal, are quite bad, at 30.7% and 46.6% respectively, it is Spain where the youth unemployment pain is most acute: at 51.4%, more than half of the youth eligible for work does not have a job! Because the real question is if there is no hope for tomorrow, what is the opportunity cost of doing something stupid and quite irrational today?...more

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Europe's lost generation: how it feels to be young and struggling in the EU

Maybe being young is never easy. But being a twentysomething young European has rarely been more stressful.

More than a quarter (28%) of Italians between 16 and 24 are unemployed. Others are struggling to get by on unpaid internships or poorly paid jobs with little security.

Italy's new prime minister, Mario Monti, has vowed to help the younger generation, promising among other things to help them start businesses, but as austerity bites deep the future is uncertain, even terrifying, for many.

It's not just Italy, of course. Eurozone unemployment is at a record. According to Eurostat, the EU's statistical office, 16.3 million people are out of work in the 17 countries that joined the euro. The story of a lost generation is becoming the scandal of a continent. In Spain, 51.4% of those aged 16-24 are jobless. In Greece, the figure is 43%...more

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Economic collapse in the Western nations-On the Edge with Max Keiser-01-27-2012

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20 Signs That Europe Is Plunging Into A Full-Blown Economic Depression

An economic nightmare is descending on Europe. With each passing month, the economic numbers across Europe get even worse. At this point it is becoming extremely difficult for anyone to deny that Europe is plunging into a full-blown economic depression. In fact, some parts of Europe are already there. In Spain the overall unemployment rate is over 22 percent, and in Greece one out of every five retail establishments has already been closed down. All over Europe, economic activity is rapidly slowing down, unemployment is skyrocketing and bad debts are unraveling. It isn't even going to take a default by a nation such as Greece or a collapse of the euro to push Europe into an economic depression. All Europe has to do is to stay on the exact path that it is on right now and it will get there. Normally, European governments would respond to an economic slowdown by increasing government spending. But this time most of them are already drowning in debt. Instead of increasing government spending, most governments in Europe are actually cutting back. All over Europe, national governments are being encouraged to implement even more tax increases and even more budget cuts. The hope is that all of this austerity will help solve the nightmarish sovereign debt crisis that Europe is facing. But unfortunately, all of these tax increases and budget cuts are also going to involve a tremendous amount of economic pain....more

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ACTA = Global Internet Censorship – Now Even Foreign Governments Will Be Able To Have Your Website Shut Down

Global Internet censorship is here. SOPA and PIPA have been stopped (at least for now) in the United States, but a treaty known as ACTA (the Anti-Counterfeiting Trade Agreement) is far worse than either of them. ACTA was quietly signed by Barack Obama back on October 1st, 2011 and most Americans have never even heard of it. But it could mean the end of the Internet as we know it. This new treaty gives foreign governments and copyright owners incredibly broad powers. If you are alleged to have violated a copyright, your website can be shut down without a trial and police may even show up at your door to take you to prison. It doesn't even have to be someone in the United States that is accusing you. It could just be a foreign government or a copyright owner halfway across the world that alleges that you have violated a copyright. It doesn't matter. So far, the U.S., the EU and seven other nations have signed on to ACTA, and the number of participants is expected to continue to grow. The "powers that be" are obsessed with getting Internet censorship one way or another. The open and free Internet that you and I have been enjoying for all these years is about to change, and not for the better....more

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The Three Biggest Lies the Government Is Telling You

Government lies are legion.

So many are its lies, that narrowing them down to three of the most important is a demanding task. But our current crisis has been chiefly enabled by monetary policy, fiscal policy, and the global military empire. So I have chosen to focus on lies about each: the Federal Reserve, the orchestrator of monetary policy; the U.S. budget, the accounting of government fiscal policy; and a few of the Empire’s war lies. I am sharing just a smattering of this astonishing record of duplicity in these areas, for life is short, or at least far too short to recount all of the state’s lies about each...more

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Militarized Drills Continue: Stadiums Prepped to Be Used as Martial Law Staging Centers

Los Angeles — By now you may have heard of the many FEMA camps located throughout the United States which will serve as holding centers for U.S. citizens during times of civil unrest.

The camps are no conspiracy theory and they happen to be popping up at a rapid rate in the Continental United States (CONUS). In fact, Infowars recently reported on a new detention hub located at the Los Angeles Airport (LAX).

But what about the fact that every stadium is a FEMA camp hiding in plain sight, stagnantly awaiting its grim use one day in the near future? (Think New Orleans Super Dome)...more

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Bob Chapman - $3200 GOLD by February 2012

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Scared by PM Volatility? Identify Severe Undervaluation Points in Gold & Silver v. Trying to Call Perfect Bottoms

For a new investor in gold and silver, here is the most lucid piece of advice I can offer. Identifying severe undervaluation points in gold and silver, buying gold and silver assets during these times, and not worrying about interim short-term volatility, even if the immediate volatility is downward, is much more likely to impact your accumulation of wealth in a positive manner than trying to perfectly time market tops and bottoms in the highly manipulated gold and silver game. I am posting this article today to help all gold and silver investors, especially those new to the game, to frame their perspectives about gold and silver price behavior in the proper manner. I hope this article helps gold and silver investors so stand firm and maintain their faith in the face of anti-gold, anti-silver banker propaganda and that it helps investors to identify significant corrections in gold and silver as huge buying opportunities, and not as times of despair, that do not require perfect timing to yield very significantly rewards. During the last week of 2011 and the first couple of weeks of 2012, I posted two articles on our blog that I felt would be critical to investment success this year....more

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Only Two Types of People Will Survive Economic Collapse

Living in a world engulfed by economic crisis teetering on collapse requires preparation for worst-case scenarios. Whether it is losing a job to downsizing, a currency crisis, or full-blown economic system failure, being prepared is just plain smart.

Already, nearly 30% of Americans are either unemployed or under-employed, and desperation is surely setting in for the millions whose unemployment benefits have expired with little hope on the job front.

Many have been able to weather short-term storms by prepping for a rainy day with extra food storage and other supplies, and by having some savings. Indeed, everyone should be preparing in this manner, and then some, given the bleak economic climate. However, if an economic meltdown becomes prolonged, there will only be two types of people that will survive: Takers and Producers....more

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Spain unemployment tops 5.3m and set to get worse

Spanish unemployment broke through 5 million on Friday as the new government of Mariano Rajoy began to quietly beg the European Union to ease up on deficit targets that are sending the country hurtling back into recession.

Spain, which already boasted Europe's worst unemployment rate, saw 350,000 people lose their jobs in the last quarter of 2011.

That rate now stands at 22.8% of the population and is set to worsen as Rajoy's conservative People's party government pursues a €40bn (£33bn) budget adjustment, most of it in spending cuts, to meet the EU's deficit target of 4.4% this year...more

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Six Million People Are Under Correctional Supervision in the U.S.—More Than Were in Stalin’s Gulags

For a great many poor people in America, particularly poor black men, prison is a destination that braids through an ordinary life, much as high school and college do for rich white ones.

More than half of all black men without a high-school diploma go to prison at some time in their lives.

 Mass incarceration on a scale almost unexampled in human history is a fundamental fact of our country today—perhaps the fundamental fact, as slavery was the fundamental fact of 1850.

In truth, there are more black men in the grip of the criminal-justice system—in prison, on probation, or on parole—than were in slavery then.

Over all, there are now more people under “correctional supervision” in America—more than six million—than were in the Gulag Archipelago under Stalin at its height....more

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Is Now The Time To Move Away From Major U.S. Cities?

As the U.S. economy falls apart and as the world becomes increasingly unstable, more Americans than ever are becoming "preppers". It is estimated that there are at least two million preppers in the United States today, but nobody really knows. The truth is that it is hard to take a poll because a lot of preppers simply do not talk about their preparations. Your neighbor could be storing up food in the garage or in an extra bedroom and you might never even know it. An increasing number of Americans are convinced that we are on the verge of some really bad things happening. But will just storing up some extra food and supplies be enough? What is going to happen if we see widespread rioting in major U.S. cities like George Soros is predicting? What is going to happen if the economy totally falls to pieces and our city centers descend into anarchy like we saw in New Orleans during the aftermath of Hurricane Katrina? In some major U.S. cities such as Detroit, looting is already rampant. There are some sections of Detroit where entire blocks of houses are being slowly dismantled by thieves and stripped of anything valuable. Sadly, the economy is going to get a lot worse than it is at the moment. So is now the time to move away from major U.S. cities? Should preppers be seeking safer locations for themselves and their families? Those are legitimate questions....more

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If The Economy Is Improving….

Everywhere you turn these days, someone is proclaiming that the economy is improving. Barack Obama is endlessly touting the "improvement" in the economy, the mainstream media is constantly talking about "the economic recovery" and an increasing number of Americans seem to be buying into this line of thinking. A new NBC/Wall Street Journal poll found that 37 percent of Americans believe that the economy will improve over the next year, while only 17 percent of Americans believe that it will get worse. But is the economy actually improving? Not really. At the moment things are relatively stable. Some economic statistics are improving slightly and some continue to get even worse. However, it is very important to keep in mind that one of the biggest reasons why things have stabilized is because the federal government is pumping more than a trillion dollars a year into the economy that it does not have. The Obama administration is engaging in a debt binge unlike anything America has ever seen before, and yet many economic indicators are still in decline. So what is going to happen when the federal government stops injecting gigantic waves of borrowed money into the economy? That is a frightening thing to think about. The best efforts of our "leaders" in Washington D.C. are not accomplishing a whole lot. The Federal Reserve has pushed interest rates as low as they can go and the federal government is spending unprecedented amounts of money. But even with the federal government and the Federal Reserve pushing the accelerator all the way to the floor, the economy is still not improving much at all. Millions upon millions of Americans out there are anticipating some sort of a "great economic recovery", and they are going to be bitterly disappointed....more

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Italy On the Verge of a Full Revolt

This past week has been a very turbulent time for Italy. And it wasn’t just the grounding of the Concordia cruise ship by a playboy captain; but the grounding of the country by Euro-technocrat usurper Darth Monti, trying to impress his Keynesian buddies with his latest attempts to ‘Save Italy’!

This week saw the launch of a popular uprising in Sicily, by a group known as the ‘Movimento dei Forconi’ or ‘Pitchfork Movement’. This is not an uprising of self absorbed youth who want more government handouts; but of producers who are being pushed into poverty by government taxes and regulation. The organizers are middle aged and older; this is significant, as most power and wealth is held by this generation and they have now drawn a line in the sand....more

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Armageddon: Preparations Underway in Iran

Iran’s supreme leader, Ayatollah Ali Khamenei, has held several secret meetings with his economic and military advisers in recent days to prepare for the possibility of war with the United States.

Sources report the preparations are to include the execution of those Iranians who oppose the regime.
Khamenei has been heard to say that the coming of the last Islamic Messiah, the Shiites’ 12th Imam Mahdi, is near and that specific actions need to be taken to protect the Islamic regime for upcoming events.

Mahdi, according to Shiite belief, will reappear at the time of Armageddon....more

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Gold Soars As The Fed Explicitly Promises To Debase The U.S. Dollar

Federal Reserve Chairman Bernanke hit the panic button today by announcing a specific inflation target, vowing to keep rates at zero until at least 2014 and pledging to offer additional monetary stimulus. The Fed also noted, as it has in the past, that the economy still faces "significant downside risks".

These actions by the Fed come nearly four years after the financial crisis began in 2008. During that time, the Fed has ballooned its balance sheet to almost $3 trillion, driven real interest rates to negative 1.2% and encouraged lending by flooding the banking system with reserves. The Fed's monetary easing was supplemented by trillions of dollars in U.S. deficit financed spending aimed at restoring economic growth and gluing back together the shattered real estate bubble.

Despite these unprecedented and controversial actions, the economy refuses to rebound. Collapsing home prices, declining real incomes and an "official" unemployment rate of 8.5% are deflationary and this is what has panicked Bernanke more than anything else. Deflation is the mortal enemy of a credit fueled, debt burdened economy. Today's actions by the Fed show that Bernanke will do whatever is necessary to prevent a deflationary collapse. Of course, the markets already knew this...more

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Peter Schiff, "Europe is the Warm Up, but America is the Main Event"

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David Morgan : The Dollar to collapse in 2 years

David Morgan believes we are currently in a long consolidation period. Predictions for 2012 Gold $3000 Silver $75. Money supply is increasing, which has been and will be driving the price of Gold and Silver higher.U.S. has another 2 or 3 years before the currency collapses.



link

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John Williams - Accelerating Great Collapse & Hyperinflation

John Williams, of Shadowstats, just issued the following warning and King World News wanted to pass it along to our global readers: “The U.S. economic and systemic-solvency crises of the last five years continue to deteriorate. Yet they remain just the precursors to the coming Great Collapse: a hyperinflationary great depression. The unfolding circumstance will encompass a complete loss in the purchasing power of the U.S. dollar; a collapse in the normal stream of U.S. commercial and economic activity; a collapse in the U.S. financial system, as we know it; and a likely realignment of the U.S. political environment.”...more

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It?s Time to Buy Gold/Silver, Hide It, and Wait For the Smoke to Clear! Here?s Why

There has been so much talk about gold and so little understanding of the reality behind the move in the price of the yellow metal over the last 90 plus days that I think it’s necessary to separate the wheat from the chaff. I want to discuss what gold has done, where it’s at now, and then end with where it’s going from here and postulate why it’s going to do what it will do....more

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The families and pensioners who are slipping deeper into the red as average debt soars

Families and pensioners are being pushed to breaking point by massive debts, two reports will warn today.

One study found that one in five workers is in debt when they retire, often with a large mortgage and a personal loan. On average they owe £38,200.

Another report showed that the average family’s debts have ballooned by nearly 50 per cent over the last year.

In January last year, such families had average debts of £5,360. But this has soared to £7,944.

This does not include mortgage debts, only ‘unsecured’ debts such as an overdraft or a loan. If mortgages were included, the average family’s debt would be £110,000...more

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USS Enterprise False Flag!!

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Europe at war with Iran

No one ever lost money betting on the foolishness of European Union (EU) politicos. And if you are an oil trader, rejoice - all the way to the bank; as expected, EU foreign ministers - meekly following the Barack Obama administration - have given a green light for a full Iranian oil embargo.

The embargo applies not only to new contracts but also existing contracts - to be voided by July 1, and includes extra sanctions targeting Iran's central bank and petrochemical exports to the EU.

It's always crucial to remember the embargo - a de facto European declaration of economic war - was forcefully proposed in the first place by the neo-Napoleonic "liberator" of Libya, France's President Nicolas Sarkozy. The official EU excuse for the economic war is "serious and deepening concerns over the Iranian nuclear program"....more

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UK National Debt Tops £1trn For First Time

UK net debt has topped £1trn for the first time, according to official figures.

The latest figures from the Office for National Statistics showed the nation's total debt rose to 64.2% of GDP in December, taking it to £1,003.9bn.

It was a 14% rise on the same time a year ago when Government debt was £883bn, and the highest figure since records began in 1993...more

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The Disease Machine: Why Drug Makers Keep You Sick

Why are ineffective and dangerous drugs peddled by supposed ‘public health’ organizations in place of well-established natural solutions with virtually zero side effects? The truth of the matter is that drug makers simply would not profit if the world were to awaken to the plethora of free health-promoting substances that beat out over-priced pharmaceuticals and medical interventions. There would be no need for pharmaceutical manufacturers, phony ‘public health’ organizations peddling the latest ‘miracle’ drug, and certainly no research organizations feeding off the donations of good-hearted individuals.

You may think that this is an impossibility and that natural solutions simply do not compare to ‘scientifically proven’ pharmaceutical science. The truth of the matter is that scientific evidence is the very thing disproving the safety and effectiveness of pharmaceutical drugs as well as highlighting the surplus of beneficial properties associated with inexpensive and free vital nutrients...more

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A Coming Great Global Angst

Our agriculture system is concentrated on producing a very few staple crops - there is a very serious lack of crop diversity. Corn, wheat, rice and soy are the main staples and production is oftentimes half a world away from where the majority of the crop would be consumed. The world’s extreme poor exist almost exclusively on what is a ‘buy today, eat today’ plant based diet - wheat, corn, soy or rice provide the bulk of their calories.

Taken together, this means if we get hit by a particularly bad harvest in one area, if a severe El Nino strikes, or more localized severe weather phenomena strikes, food supplies can get totally out of control in many countries.

Considering that the global food supply chain is weak (easily disrupted by lack of transportation, weather, insurgency, stealing) and non-existent in many areas then you have a recipe for potential disaster in many regions of the world...more

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America After Dark: Desperate Meth Heads, Rampant Human Trafficking And Millions Of Criminal Predators Searching For A New Victim

When the sun goes down every night, America becomes a very frightening place. There are communities all over the country where drug dealing, human trafficking and gang violence have gotten so out of control that authorities don't really know what to do about it. In America tonight, thousands of meth heads will break into homes as they desperately search for enough money for another hit. In America tonight, thousands of children will be sold for sex at truck stops and on street corners. In America tonight, millions of criminal predators will be searching for a new victim. From the top levels of the federal government all the way down to the most depraved criminals on the street, America is rotting. Once upon a time our tremendous affluence masked the moral decay that was happening in this nation, but now that the economy is falling apart the damage to the fabric of our society is being revealed. We have become a nation of addicts, junkies, thrill seekers and predators. When we finally see the U.S. economy fully collapse, millions of desperate, angry and depraved monsters will take out their sick frustrations on all the rest of us....more

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India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned

India is the first buyer of Iranian oil to agree to pay for its purchases in gold instead of the US dollar, DEBKAfile's intelligence and Iranian sources report exclusively.

Those sources expect China to follow suit. India and China take about one million barrels per day, or 40 percent of Iran's total exports of 2.5 million bpd. Both are superpowers in terms of gold assets.

By trading in gold, New Delhi and Beijing enable Tehran to bypass the upcoming freeze on its central bank's assets and the oil embargo which the European Union's foreign ministers agreed to impose Monday, Jan. 23. The EU currently buys around 20 percent of Iran's oil exports.

The vast sums involved in these transactions are expected, furthermore, to boost the price of gold and depress the value of the dollar on world markets...more

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Soros Warns of Violent Riots In America, Financial Collapse, Government Clampdown: “SURVIVAL IS THE MOST IMPORTANT THING”

From time to time we get a peek inside the mind of a true insider. George Soros knows a thing or two about destabilization and far from equilibrium situations. He’s been on the giving and receiving ends of both. From surviving the Nazi occupation of Hungary during World War II, to single handily crashing the currencies of entire nations, the experience he brings to the table should not be ignored.

With his deep connections in economic and political circles, if there’s anyone who knows what’s coming next, it’s Soros.

In his book The Crash of 2008 and What It Means Soros warned that no matter what governments did, there was no way out of the trap in which the world – namely The United States – finds itself:...more

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You Can’t Fool Mother Nature For Long: Profiting from Sickcare

In America, the implicit belief system promoted by marketing is that you can eat anything you want in whatever quantity you want, and if anything goes wrong with your body or mind, there is a pill or procedure to fix it. In other words, your diet and fitness level is given lip service, but what really counts is access to all the medications that are constantly touted and pushed by the Marketing/Mainstream Media complex.

It would be comical if it wasn’t so tragic: if you’ve seen one advert pushing a med, you’ve seen them all: the description of the disorder, the fear and pain it inflicts, the solution in a pill, and then a voice-over, spoken at a manic pace to fit all the possible side-effects in the waning moments of a 60-second spot: suicidal thoughts, symptoms of heart attack, heart attack, itchy skin, dizziness, bizarre dreams, and on and on. Good golly, all these side-effects from one med? What happens when they’re combined with 7 or 8 or 11 other meds with their own swarms of nasty side effects?

The core of sickcare is this: creating and treating illness is highly profitable. For creating illness, we have the packaged food, Big Food and fast food industries. Does anyone seriously believe that human beings can function healthily for decades on a diet of sugar water, fried potatoes, white-bread buns and fat-larded hamburgers?...more

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Gold to triple in the next 3 to 5 Years - Tom Cloud

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Iran Vows to Shut Down Strait of Hormuz as EU Passes Oil Embargo

Iran has reacted angrily to an agreement by European Union foreign ministers to impose an oil embargo on the country.

Following the agreement reached on Monday, Iranian lawmaker Mohammad Ismail Kowsari, deputy head of Iran’s influential committee on national security, said the strait “would definitely be closed if the sale of Iranian oil is violated in any way.”

A fifth of the world’s oil moves through the Strait of Hormuz....more

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Emergency Broadcast! New World Order Ahead!

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Pay freezes and rising bills mean Squeezed Middle must wait EIGHT YEARS to get pre-recession income back

   

Pay freezes and rising bills mean ‘the Squeezed Middle’ will have to wait until 2020 – at best – to return to pre-recession living standards, a study says today.

As many as 5.8million households are struggling to pay essential bills and unable to afford many simple pleasures.

Almost half this group – 45 per cent – do not have enough money to go away on holiday

Forty per cent cannot afford to replace worn out furniture, while 24 per cent cannot afford a night out with friends or family at least once a month.

Eight per cent cannot even find the cash to buy two decent pairs of shoes...  more:

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The Peak Oil Crisis: 2012 – Apocalypse Now?

A case can be made that some very bad things might be coming in the next year or so. This would not be a biblical apocalypse or even a Mayan one, but rather an event of our own making. The world has made so many problems for itself in recent decades that the whole edifice of civilization is showing signs of coming unglued....more

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GoldNomics – Cash or Gold Bullion?

http://silveristhenew.com/2012/01/21/goldnomics-%e2%80%93-cash-or-gold-bullion/

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RUN FROM THE CURE - Full Version

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Ron Paul This Speech Gave Me Chills

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Economic Collapse amids a Mini-Recovery

If the entire financial system does not come down upon our heads and if we do not have another war, global growth is going nowhere in the year’s ahead. We had a mini-recovery, but it cost $1.8 trillion. We had a second recovery and that cost $1.5 trillion. We are entering a third of what is becoming yearly recoveries that will probably cost $1.3 trillion. In other worlds without these massive injections of money and credit we would probably be in a deflationary depression.

As a result of overspending and poor financial choices state, county and local governments continue layoffs, increase taxes, cut services and attempt to pay back unemployment loans from the Federal government by creating more debt, by floating additional bond issues. The people who run these governments just do not get it. They expect the next bull market is just around the corner and it isn’t. In 2014-2015 we can expect a housing inventory at banks of 9.8 million homes, all for sale. That guarantees no housing recovery for years to come.

The massive exodus of good paying jobs, one million a year, due to free trade, globalization, offshoring and outsourcing and the loss of 450,000 manufactures will soon end, as a number of countries debate trade barriers. Such protectionism will initially cut back on world demand and the expansion of world debt. Austerity is already a by ward and means restrained spending as well. Governments will become more onerous with additional regulation and taxes, because they have no intention of really cutting spending. We have been waiting for more than three years for debt reduction and saving and it has not as yet really materialized on an ongoing basis. We ask, are American consumers capable of reducing debt and savings? If they do will personal consumption of GDP fall from 70% to lower levels? The answer is of course it will....more

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Excuse Me Waiter – There’s a Fly in My Vaccine Soup!

We can laugh at the waiter’s reply to our complaint about the fly in our soup: “- Never mind, it won’t eat much!” However it is no joke that vaccines may contain residue from insect cells, yeast, mouse brains, tissue from pigs, guinea pigs, rabbits, dogs, calf lymph, hens’ eggs, chick embryos, monkey kidney and testicle cells, retinal cells, aborted human fetal cells and cancer cells!

These are amongst the many substrates present in the huge cultivation soup tanks which are used in vaccine production. The implications may be horrendous...more

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Economic Armageddon explained

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The Shock Of a New Paradigm – How Will People Cope?

In a previous interview Chris Duane, founder of Don’t Tread on Me, discussed the coming paradigm shift and how it may lead to Riots, Starvation and Bloodshed as a consequence of a populace that is completely unprepared to deal with a situation that may involve a breakdown in the US dollar and the unavailability of essential supplies like food, energy and medicine. As a complement to that conversation, the following micro-documentary further expands on the real possibility of a complete breakdown in the social fabric of America.

If the worst were to happen, and all of the systems on which Americans depend – things like just-in-time food transportation, law enforcement, medical response and the normal flow of commerce – were to suffer long-term disruptions, how long would it take for the relative peace and safety in America to devolve into complete pandemonium?...more

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Apocalyptic Sounds from Around the Globe!!! 2011 - 2012

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TOP Secret Vaccine Poison Global Depopulation plan (IHS) babylon

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MEGAUPLOAD IS TAKEN DOWN!! Due to S.O.P.A, P.I.P.A / USA Government

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World Bank Stokes Lehman Brothers Fears In Latest Report

The World Bank warned this week of the very real risk of a Lehman Brothers style credit crunch.

Emerging markets will have to brace for impact in 2012, no matter what happens. The Mayan apocalypse might just look a lot like 2008, according to the Bank. In a report released in Beijing on Wednesday, the World Bank says it expects the Eurozone will post no growth at all in 2012 and overall developed markets, which at this point just includes Japan and the U.S. in a stumbling potato sack race, growing at just 1.4%. That’s down from 2.7% in June 2011.

“Developing countries need to evaluate their vulnerabilities and prepare for further shocks, while there is still time,” said Justin Yifu Lin, the World Bank’s Chief Economist and Senior Vice President for Development Economics....more

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One Of 2011's Best Performing Hedge Funds Sees Gold At $2,500 Shortly

While it is early to determine if the ongoing breakout is finally in anticipation of upcoming episodes of direct and indirect monetization by the Fed, ECB, or any of the many other pathological currency diluters in circulation, it is obvious that precious metals have found a new bid in recent days. Is this then, the beginning of the next surge in gold and silver to record highs? It remains to be seen, but one entity, the Duet Commodities Fund which was one of last year's best performers, has already made up its mind. 'Our central forecast in gold remains constructive as our long term view targets $2,500 in 2012. Our core view is that gold will head higher to the $2,500 range driven by consequential USD weakness once the EU crisis dissipates and the US steps into the limelight. A weaker USD is not undesirable in the world order as everyone (especially China) understands that the US consumer is the driver for global consumer confidence and consequential consumption led demand." Wow - someone in this market can actually think one step ahead of the inevitable ECB LTRO/monetization, and realize that the Fed will in turn have to escalate to that escalation. Gold, er golf clap....more

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Inflation: The Only Tool Left

Any perusal around the world these days features Southern Europe crippled, preparing for the inevitable Greek Govt Bond default. It features a crippled US housing market, a mockery of statistical accounting in the US Gross Domestic Product, the plight of the COMEX with established veterans clearing out desks (not trading), the extreme physical demand reported by the London Trader, and the indictment of the SLV iTrust Silver Fund tool used by the cartel. The survey does not look favorable toward stability. The banking, economic, and political leaders have not pursued reform and remedy in any remote sense. Their only tool left is hyper inflation. The central banks of the Western nations have coordinated Global Quantitative Easing, as the USFed concealed its own QE3. Operation Twist was an enormous ruse, to cover the grand disposal sale (dump) by USGovt creditors and maintain a semblance of stability in the USTreasury market. The global financial crisis continues for a simple reason. No financial reform or remedy has been attempted, only bank-owned bond redemption and colossal aid to the financial sector that controls government ministries and law enforcement. Therefore, the crisis hurtles toward a series of climax events. The Chinese are accumulating physical Gold still in a big way. US finance minister, the diminutive Geithner admitted to the Chinese officials that the USGovt has no more tools left with which to stimulate or lift the USEconomy and its fumbling financial sector. An honest admission, except that hyper monetary inflation remains the all-in-one tool...more

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Your Wages Will Be Cut In Half!

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Iran Press TV Removed From U.K-George Galloway Reveals Truth of OFCOM

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American Dream has turned into American Nightmare for many

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The Real 2012 Doomsday: U.S. Falls To Tyranny

The past year has been a bad one for democracy, and the Republic that once was the United States seems to live in name only. Because of the extreme abuses of power the Federal government has exercised just in the past year, the people of the Nation have been broken, discouraged and must now only be controlled.

A recent report in the state-run Russia Today cites an instructional military book, Non-Lethal Weapons Reference Book (leaked by PublicIntelligence.net) to outline the coming “high-tech crackdown” that may soon befall citizens of the United States deemed unruly....more

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Britain's debt habit dies hard: UK total borrowing stands at more than 500% of national income

Britain has the highest level of debt among the major economies bar Japan, research has found.

Over the past three years combine public and private sector borrowing has risen to more than 500 per cent of national output.

The alarming rise since the height of the financial crisis has been fuelled by debt in the financial sector as people seek to borrow their way out of the economic slump, according to consultancy McKinsey.
Even at current trends it will take until 2020 for the UK to return to pre-2003 debt levels.... more:

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More BBC Children's TV filth # Why you should not pay your TV license

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One in three people cut food bills to help pay their mortgage

Shelter said that the figure is a 44pc rise since 2008, as people have had to cut back on essentials to cope with the squeeze on their incomes, the charity said.

Just over one in five people surveyed said they had spent less on gas and electricity in the last 12 months to finance their housing payments, a 60% increase on four years ago.

The latest survey could equate to 16 million people cutting back on food spending and 10 million reducing fuel bills to cover their rent or mortgage if the figures were projected nationally, Shelter said....more

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Warning Signs That We Should Prepare For The Worst

The warning signs are all around us. All we have to do is open up our eyes and look at them. Almost every single day there are more prominent voices in the financial world telling us that a massive economic crisis is coming and that we need to prepare for the worst. On Wednesday, it was the World Bank itself that issued a very chilling warning. In an absolutely startling report, the World Bank revised GDP growth estimates for 2012 downward very sharply, warned that Europe could be on the verge of a devastating financial crisis, and declared that the rest of the world better "prepare for the worst." You would expect to hear this kind of thing on The Economic Collapse Blog, but this is not the kind of language that you would normally expect to hear from the stuffed suits at the World Bank. Obviously things have gotten bad enough that nobody is even really trying to deny it anymore. Andrew Burns, the lead author of the report, said that if the sovereign debt crisis gets even worse we could be looking at an economic crisis that could be even worse than the last one: "An escalation of the crisis would spare no-one. Developed- and developing-country growth rates could fall by as much or more than in 2008/09." Burns also stated that the "importance of contingency planning cannot be stressed enough." In other words, Burns is saying that it is time to prepare for the worst. So are you ready?...more

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Over-50 jobless total is highest since 1994... and one in five young workers can't find a job either

Number of unemployed women hit an all-time high of 1.13million
Youth unemployment rises by 52,000 to more than 1.04 million
Latest grim figures are 'hugely unwelcome', says David Cameron

Workers aged 50 and over are the biggest losers in the latest jobless figures.
Every day between September and November around 1,300 Britons joined the growing army of those without work.
The picture is only likely to get worse over the coming months and it is older workers who are paying the heaviest price, with unemployment rising faster among this group than any other....more

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UK Inflation Mega-trend Second Anniversary Despite Continuing Delusional Deflation Propaganda

UK CPI inflation ended 2011 at 4.2% (December) coming down sharply from a peak of 5.2% (September) that despite the mainstream presses continuing academic backed falling inflation / deflation risk warnings remains at more than DOUBLE the Bank of England's 2% target that continues to make a mockery of the central bank whose primary remit is supposedly price stability. CPI 3% was supposed to have been the maximum level a break above which was supposed to trigger a series of panic measures to bring inflation under control, instead of which the Bank of England has instead opted to print money that to date officially totals £275 billion of electronic money printing that the fractional reserve banking system will eventually leverage to over £1 trillion for the primary objective for the monetization of government debt as warned of now 2 years ago in the Inflation Mega-Trend Ebook (Free Download)....more

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The War Against Us

It’s Tuesday afternoon, and just as I started to write my market wrap-up, the following, IMPORTANT headline hit the tape. Sprott has finally pulled the triggered on a new PHYSICAL silver offering, of up to $250 million, and my bet is all, or nearly all, this amount will be filled. For the record, PSLV’s premium to Net Asset Value closed at just under 24%, so we’ll see what kind of discount will be required to fill that level of demand (FINAL DETAILS OF THE OFFERING LATER IN THIS RANT!).

Sprott Physical Silver Trust Announces Follow-on Offering of Trust Units

The retail bullion market has slowed over the past month due to the PPT/Cartel-inspired market lethargy I have discussed in recent weeks, but institutional demand is very strong, as $250+ million of silver is a lot of metal to sell overnight. Clearly the PHYSICAL market has tightened considerably following December’s “OPERATION PM ANNIHILATION II” attack, which will only serve to suck more metal out of the market and improve the already ultra-bullish fundamentals...more

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Survival Wealth Building Tip: Mass Inflation Ahead – Save Your Nickels!

As the economic crisis deepens and the US dollar progressively depreciates until its eventual demise, enterprising minds that act ahead of the masses can come out ahead – sometimes at little or no up front cost. If, for example, you had been aware that US coins like half dollars, quarters and dimes minted before 1965 contained 90% silver, and you had acquired those coins from local banks and business prior to silver’s meteoric rise post-meltdown, you’d have earned nearly 2000% on your investment (Example: 1964 Kennedy Half Dollar acquired for $0.50 for your local bank in 2008 is worth over $11 today!). As the information about these coins spread across the web, it became harder and harder to find pre-’65 coins at local banks. Case in point: Our banker recently told us that in addition to us, there were three other regular “collectors” who come by every week looking for half dollar rolls. With respect to silver coinage, the well seems to be drying up amid lots of new competition.

But what if there was a similar strategy that was available today that could yield massive gains and effectively no cost to you? Would you take the opportunity, invest the time and do the legwork? If so, James Rawles has a suggestion for you.

Save your nickels!...more

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World at Risk for Devastating Food Crisis, Deeper Reform Needed Finds New Report

While the 2007-08 food price crisis has been a catalyst for important policy reforms, governments have yet to address its underlying causes, finds a new report from IATP and the Global Development and Environment Institute (GDAE) at Tufts University. In the report, authors Timothy A. Wise and Sophia Murphy warn that the international community is avoiding deeper structural reforms, leaving the world at risk of another devastating spike in global food prices....more

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Obama Kids Sing for Change ~ Updated

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World Bank Cuts Economic Outlook, Says Europe Is In Recession, Warns Developing Economies To "Prepare For The Worst"

This will hardly be a surprise to anyone with 3 neurons to rub across their frontal lobe, but at least it is now official.

• WORLD BANK CUTS GLOBAL GROWTH OUTLOOK, SEES EURO-AREA RECESSION

Bloomberg, which just released an embargoed summary of the World Bank action, summarizes it all.

• World Bank cuts global growth forecast by most in 3 yrs as euro area recession threatens to exacerbate slowdown in emerging markets, World Bank says in Global Economic Prospects report.
• Sees world economic growth of 2.5%, down from June est. of 3.6%
• Sees euro area GDP contracting 0.3% in 2012, compared with pvs est. of 1.8% growth
• World Bank estimates euro area entered recession in 4Q
• U.S. outlook cut to +2.2% from +2.9%
• Japan forecast cut to 1.9% growth from 2.6%
• China’s GDP growth will slow to 8.4%, unchanged from interim revised projection released in Nov.
• India forecast cut to 6.5% from 8.4%

And the punchline:

• World Bank urges developing economies to “prepare for the worst” as it sees risk for European turmoil to turn into global financial crisis reminiscent of 2008
• Even achieving much weaker outcomes is very uncertain

Morgan Stanley may want to revise their 37% Muddle Through probability outcome, to something more like 36.745% on this news. ...link

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112 Questions To Ask Yourself In 2012

The beginning of each year is a great time to evaluate the direction of your life and to ask yourself some very important questions. Often we get so busy just living life that we lose our perspective. It is important for each of us to take time once in a while to reassess how our lives are going. It is also important for all of us to reassess the direction that our nation is heading in every so often. The truth is that America has gotten badly off track. We have abandoned the principles which once made this country great, and this country is literally falling apart all around us. Hopefully the questions below will not just get you focused on our problems. Hopefully they will also spur you to think about solutions. Both individually and as a nation, we are in a lot of trouble. We need to start asking better questions and we need to rediscover the things that once made America the greatest nation on earth. If we are willing to humble ourselves and change course then there is hope for us. If not, then the road that we are currently on will only lead to national disaster....more

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Von Greyerz - Silver Shortages & Gold to Accelerate Higher

With gold closing above the critical $1,650 level and silver above $30, today King World News interviewed the man who told clients in 2002, when gold was $300, to put up to 50% of their assets into physical gold. Egon von Greyerz is founder and managing partner at Matterhorn Asset Management out of Switzerland. When asked about the recent action in gold, von Greyerz said, “We like the action and it’s exactly what we’ve been predicting. My view is that we have bottomed and we are on the way to much higher levels. We are seeing a bit of sideways action here, but it’s sideways to upward and I think that will continue. I like the pace, the fact that it’s not going up too fast, but I think we will see an acceleration to the upside in short order.” more

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RENDITION: Thousands of "Suspects" have "Disappeared": Shedding Light on North Carolina's "Rendition" Connection

In 10 years, thousands of suspects have been detained or even "disappeared," secretly taken on American orders to be interrogated and sometimes tortured all over the world. Some were no doubt guilty. But many were not. All were treated without regard for due process, making a mockery of our commitment to human rights. On this 10th anniversary, the victims of "extraordinary rendition" and torture and their families are largely alone and forgotten.

North Carolina played a crucial role in this abuse. Aero Contractors, the CIA-affiliated aviation company headquartered at the Johnston County Airport in Smithfield, transported dozens of men to overseas jails. In places like Uzbekistan, Romania and Egypt, North Carolina-based pilots and crews delivered prisoners to jails where they were held incommunicado and savagely tortured. Sometimes, the torturers were U.S. officials; other times, Americans had others do the dirty work.

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Gold & Silver Banker-Cartel Prolonged Price Suppression Has Set the Foundation for an Explosive Move Higher in 2012

Recently, public interest in gold and silver and gold/silver mining stocks has been at multi-year lows. And that is a super bullish contrarian indicator. In fact, a glance at the Gold Miners Bullish Percent Index illustrates that sentiment to start the year was at a three-year low.

At the end of last year, there was a lot of chatter on the internet, due to the end-of-the year slam down effected on gold and silver futures by the global banking cartel, that silver prices were going go collapse to $20 an ounce and gold prices were going to collapse well below $1000 an ounce by the first quarter of 2012. We felt that these discussions and the consequent, induced panic selling out of gold/silver mining stocks and physical gold/silver at the end of 2011 was highly unwarranted and the result of people falling for the global banking cartel price suppression tricks. In fact, we sent Special Alerts to all of our clients at the end of 2011 informing them that the banking cartel often paints charts in gold and silver to fool people and that one cannot make accurate predictive behavior based upon the assessment of technical charts alone.

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The Great Silver Market Myth!

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2012 to See Much Deeper Banking & Currency Collapse

In this article James Turk discusses two warning signs the financial system is in deep trouble. James also discusses gold, silver and the currency bubble.

The real bubble is in global fiat currencies backed by nothing. People still believe this paper is something of actual value. When that belief is gone you have hyper inflation and currency collapse.

Not to say we have hyper inflation tomorrow but we are going to see currencies collapse all over the world including the Almighty Dollar before this is over. You must pay attention, there many signs. Here are Turks signs, there are many others.

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Experts on 2012: The Worst is Yet to Come

Experts retained a gloomy outlook with 2011 forecasts, but 2012 outlooks appear to be even worse...

Here's a glimpse of some of America's most respected financial experts with some dire predictions for the coming year:

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Home Seizures May Jump 25% This Year as U.S. Foreclosures Resume

Banks may seize more than 1 million U.S. homes this year after legal scrutiny of their foreclosure practices slowed actions against delinquent property owners in 2011, RealtyTrac Inc. said.

About 1.89 million properties received notices of default, auction or repossession last year, down 34 percent from 2010 and the lowest number since 2007, the Irvine, California-based data seller said today in a statement. One in 69 U.S. households received a filing.

While the seizure process has been “highly dysfunctional,” there were “strong signs in the second half of 2011 that lenders are finally beginning to push through some of the delayed foreclosures in select local markets,” RealtyTrac Chief Executive Officer Brandon Moore said in the statement.

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