Gerald Celente: Internet nuke bomb waiting to go off

Gerald Celente, the founder of the Trends Research Institute, believes that the Internet will empower the youth of the world to unite to start a revolution that will overthrow the existing deadlocked elitist establishment. He predicts that in 2011 every citizen is going to realize that the Great Recession the world has been living through is actually a Great Depression, because the American establishment is "running out of schemes.

Problems of humanity:


1.Anglosaxonic Criminal Bretton-Woods System, which blocks development of "uncomfortable" for US terrorists, countries



2. Interest rate



3. Federal Reserve and controlled central banks



4. One reserve currency based on nothing, dollar financial pyramid



5. "International democratic HR institutes" controlled by Soros US scum



6. American propaganda (Holyshitwood, media, games, "education")



7. American terrorist organizations, US "army"



8. Americans (ignorance, superiority complex), Celente knows what he's talking about. It's already happening with cops pulling you over when going 2 miles over speed limit. Parking meters way up high and rigged to make sure you end up with a ticket. It’s the little people who end up footing the bill, and look at college costs with no decent job opportunities for graduates.

"Not Owning Gold Is A Form Of Insanity And May Even Show Unhealthy Masochistic Tendencies"

Cazenove Capital's technical strategist Robin Griffiths says: "I think not owning gold is a form of insanity, it may even show unhealthy masochistic tendencies, which might need medical attention. Real assets hedge paper money being printed into oblivion, so you've got to own gold and you've got to own other commodity-related investments still. Gold is far from being an over-owned trade at the moment, far, far from it. Although it's been a top performer for each of the last ten years, it's still in a linear trend. Eventually it will go exponential and make more in the last little bit than the whole of the ten year trend." That pretty much covers it.

Must watch video link: http://www.cnbc.com/id/40997445

Billionaire Stampede Into Gold & Silver Has Begun

Billionaires started Rushing into The Gold Bull Market according to Gold and Silver expert Mike Maloney. The gold and silver markets are tiny compared to stocks and bonds. Be ready for huge movements in price as more and more large investors sell their paper assets and join this rally, the greatest gold and silver bull market in history.

These ultra rich are like falling dominoes now, we are hearing of more of them going hard into precious metals. Talk about gate crashers coming late to the party! Seems like the Global Financial System is about to figuratively....explode?

Virginia: In Case Of Terminal Federal Reserve "Breakdown", Considers Gold As Option

"Virginia Creates Subcommittee To Study Monetary Alternatives In Case Of Terminal Fed "Breakdown", Considers Gold As Option"

In what may one day be heralded as the formal proposal that proverbially started it all, the Commonwealth of Virginia introduced House Resolution No. 557 to establish a joint subcommittee to "to study whether the Commonwealth should adopt a currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major  breakdown of the Federal Reserve System." In other words, Virginia will study the fallback plan of a "timely adoption of an alternative sound currency that the Commonwealth's government and citizens may employ without delay in the event of the destruction of the Federal Reserve System's currency" and avoid or "at least mitigate many of the economic, social, and political shocks to be expected to arise from hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System." Most importantly as pertain to the currency in question, "Americans may employ whatever currency they choose to stipulate as the medium for payment of their private debts, including gold or silver, or both, to the exclusion of a currency not redeemable in gold or silver that Congress may have designated 'legal tender'." Whether this resolution will ever get off the ground, and actually find that the world is at great risk should gold not be instituted as a backstop currency, is irrelevant. The mere fact that it is out there, should provide sufficient impetus to other states to consider the ultimate Plan B.

We urge all legislators to carefully read this resolution.

http://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+HJ557+pdf

Niall Ferguson: Will Debt Trigger US Collapse?

The Harvard historian, Ferguson's main argument is that America's decline is (and will be) determined by the huge annual deficits and accumulated debt. Ferguson leaves out all the other reasons why America is on the ropes: political corruption, the overly powerful Finance sector, the sad state of our education, our soaring health care costs, our crumbling infrastructure, our oil dependency, and so on.

Mad Water: Dramatic video of flash floods raging in Australia

Australia's "Tulip Mania" About to Crash; 44% Jump in Property Listings Prove the Proposed Housing Shortage is Gargantuan Myth. For years we have been hearing about a housing shortage in Australia. The myth has been shattered by latest stats that show...  

http://globaleconomicanalysis.blogspot.com/2011/01/australias-tulip-mania-about-to-crash.html

When it comes to housing: Canada & Australia has a lot in common. Australia's events could be an eye-opener for Canadian home-buyers.

Marc Faber - What's coming next

Marc Faber, author of Gloom Boom and Doom Report, says many Western governments would eventually follow the US 'inevitable' default suit. Outspoken investor and writer Marc Faber doesnt give America much time before it goes bust.