Putin and the Euro....

We learn recently that Putin considers using the Euro....

This from Spiegel Online....link

"Russian Prime Minister Vladimir Putin wants the EU and Russia to forge a massive free trade zone. German commentators are wary of the wily politician's true intentions and urge Europe's politicians to read the small print."

The Daily Bell also wrote about this, you can find the link here....

Below is my post from The Daily Bell, you would need to read that article to understand the context of my post but you can still glean much from the post itself.


I don't know what was more interesting, reading the article or reading all the posts. One thing is clear, gold is rather misunderstood. I'll say this straight away, if you have neither gold nor crop seed and you think gold is going back to $300 an ounce, you need to catch up with reality. The production costs of gold alone is around $650 and the only way for that to decrease is for oil to go down in price and for gold to start to reform itself closer to the surface of the earth!

I find myself aligning most with Ingo in that unless gold's role as money is better understood we will continue to struggle with having a productive society and fighting to be free of government and government being free of the fear of revolt. These two forces are always opposing each other and when the tides of time bring them to a meeting point gold is usually there as the mediator.

A few sentences into this article the first thing that came to mind was Fofoa's ideas on free gold. It would make sense that if the dollar was reaching the end of it's usefulness that Russia would support the Euro. Regardless of the ultimate political goal of world government you HAVE to deal with the fact the economics is still being "practiced", much as medicine. The desire for power intentionally obscures the empirical nature of money so it can be controlled in order to control society at large. Gold must be dealt with from time to time by governments as debts and currency printing become unreasonable.

This time around I don't know that war at a global level would serve TPTB in our technological age. War is expensive and if you disrupt the flow of oil, electricity and information it could be devastating. Even if they do want to cull the population a war at that scale might be something the world simply does not recover from. This would explain why Russia and China would work with the West even though it appears they despise us at times.

But there are many factions, many power brokers, many different financial and political interests at work. You could never convince me there's one ultimate hand book all the leaders of the world are playing by. One destination we are heading to. Russia's been buying gold for years as has China. All the members of the SCO have been accumulating gold. The EU has gold as a reserve asset on their balance sheet and revalues it to the market price every quarter. It appears now that China and Russia are trying to minimize the societal disruptions that would occur if the dollar fell rapidly out of favor and contracts in dollars were in jeopardy.

The idea of the Euro being a safeguard (even if transitional) in the event of a dollar collapse would bring to light the reasoning for the forced bailouts of the member states of the EU. Yes you could view it as a power grab but it may also be that they are keeping it intact at all costs until the dollar hyperinflates. Now, we must also consider that all of this is by design and it truly seems that certain elements of the evolution of these currencies are, however when you trace all currencies to their origin they are usually a reaction to world events. And they are usually an attempt to avoid using gold as money.

Therefore I conclude that if you do not own gold at this point in time, you are in grave danger. The deck is being reshuffled, cards facing up. Gold owners get face cards and non-owners plant the crop seeds. That's going to be reality. TPTB are aligning themselves to suffer the least harm through these times of turmoil. Last I checked central banks were net buyers of the barbaric gold.

Sully the Sullen

As agreed, I did not put this on Facebook. Sully's cover would be blown wide open!

It's a Bird, it's a Plane!!!!

China has to be laughing their asses off at how badly they have embarrassed the Pentagon. To me this is so obviously China. And all the commentary from the media and the American public has got to be encouraging them to invade.





Let’s catalog some of the ridiculous responses from the military, news and web posters out there so we can get a good laugh down the road:

*It took the Pentagon nearly two days to reach that conclusion after examining video of the plume, "There is no evidence to suggest it was anything other than an aircraft," said Colonel David Lapan. (Two days? They should all be fired. And mind you they cannot identify what flight it was and it did not show up on radar.)

*For the conspiracy theorists who insist that the missile was some sort of secret government test, this explanation collapses under the weight of its own illogic. Why would the government launch a "secret" missile only 35 miles from Los Angeles? (Well they wouldn’t launch a missile if it wasn’t them that did it….! Fukko!!!) If I could throw this guy under the bus and drive it too I’d be hitting the gas right now. But not before pointing out this brilliant piece of writing….
5) Perhaps most damaging to the missile theory…..This supports the jet theory, and discredits the missile theory. Link

*I love this one: “Despite the official uncertainty behind the vapor trail, NORAD and the US Northern Command, which oversees the defense of the continental US, Alaska, and Hawaii, issued a statement aimed at reassuring the country that the event represents no threat.” Can you find the irony here? Look hard?

*Poster: If it were a missile, NORAD would've detected it once it reached the ocean surface and the Navy would've scrambled some jets either from San Diego Naval Air Station or from a Carrier at sea. It's flight would've been short lived, unless it was an accidental launch from one of our nuke subs, and a self destruct command would've been sent! (Ok, first of all they’ve announced they didn’t detect it which is an embarrassment. They should have lied and just said they did. And if it was an accident, the ship self destructs!?! Watch some more Star Trek, dork.)
*Poster: Some high school kids having fun.

*Poster: definately a contrail...have observed same numerous times, usually at dawn with the light rising behind them...this was the reverse at sunset...

*Poster response to previous poster: How many jets were flying in Southern California?
Why of the HUNDREDS if not thousands of flights around the Greater Los Angeles area did only one "jet" leave a giant plume of vapor? Why did the video not show HUNDREDS of contrails? Were the atmospheric conditions so rare that they only affected one of those HUNDREDS of jets?
Wake Up People.
Don't let them use their mind control tricks on you.
Be smarter than a storm-trooper from Star Wars. (Right: “This is not the missile you are looking for. This is a jet. Go back to watching TV.”

**Bingo!: "It's not an aircraft contrail," says Theodore Postol, a professor of science, technology, and international security at the Massachusetts Institute of Technology, also in Cambridge, Mass. "That I'm confident of. It looks like a big missile…” What does a guy from MIT know anyway? We’ll see how long it takes him to get a phone call and retract his statement.

Watch this video and draw your own conclusions: Link


I will allow for one other possibility: the US Military DID launch this missile off and are playing dumb in order to provide a distraction to the American people. Distract from what? How about $1,400 dollar gold or $88 oil?

Gotta Take the Good with the Bad

The Charge Continues

Highly overbought silver doesn't know it's overbought!

Cheney, Dick, is a Pirate!

Who's that other guy?

Silver $27.00

New Highs in Silver and Gold