Last Updated: Feb 19th, 2012 - 13:48:57 Newsletters : 2011 Newsletters : 11 November 2011 Thought for the Day As the world is approaching the biggest financial bust of all time we approach an election and must look for a safe pair of hands to keep our economy steady through these turbulent times. It is much too late for prevention. Central Banks around the world have been printing paper money since 1971 - steadily increasing the money supply by around 10% per annum. China has been increasing its money supply by around 20% in the last two decades and Russia was at 50% for a while. But although this money costs next to nothing to print (or juggle in the back of computers) it is supplied at its full face value and interest is charged. This is debt money and they will want it repaid at some stage. This week Greece and Italy found out about the downside of debt. Two Prime Ministers gone. Their replacements will fare no better. This is no way to run the world. We have more scientists alive today than have ever lived before but almost none of them is thinking about a scientific basis for economics. If we understood and taught what is true about economics rather than trying to explain away the effects of paper money printing and applying Keynesian solutions, which is just to print more paper money, we might have a chance of solving the problem. But the trouble is that there is too much power and profit for the money printers and they cannot allow the system to stop. After all if you could print up unlimited money at will you might also find it hard to stop. We must look after ourselves as best we can. The system can only be changed after it has been completely broken. We must watch and wait while the big bust continues. It is a beautiful day out there and I must get some fresh air on the golf course before this day is finished. I must learn to concentrate on the important things in life. Nov 11, 2011, 13:10 Newsletters : 2011 Newsletters : 11 November 2011 Election 2011 - “it’s the economy, stupid” More research from Dr Muriel Newman shows that countries are better off by reducing the size of government than by increasing taxes. Over and over this message is coming through from all thoughtful and credible organisations. We are very slow learners and some of our politicians would be quite happy to cripple the country for decades just so they can get three years in power. I suggest that those parties that want to spend more money - Labour, Greens and the Maori parties - offer to pay themselves half pay and use that money saved first before coming after our hard-earned pittance. We will deserve the government we get! [ Visit Website ] Nov 11, 2011, 13:56 Newsletters : 2011 Newsletters : 11 November 2011 ACT's Twenty Point Plan Continuing on with our look at progress with ACT's 20 point plan we now come to: Point Number Twenty - Families at risk. Appoint mentors to teach parenting and life skills. This has been tried in; Sweden, Norway, Denmark, and US (Philadelphia). The claimed benefits are; "Less family violence and fewer damaged children producing thriving families which are less of a drain on taxpayers. The Salvation Army provides Family Life skills and is keen to help people. I don't know of any government initiative that is helping. Personally I think that the less government involvement in the family the better off we will be. Modern welfare states seems to be the cause of family breakdown and more government control is just likely to make things worse. So, help the Sallies help families. Nov 11, 2011, 12:50 Newsletters : 2011 Newsletters : 11 November 2011 Nigel Farage - Where is Europe’s Gold? "Nigel Farage is a founder member of the UK Independence Party, which was established in September 1993. He is the Member of the European Parliament for the South East region and is the leader of the parliamentary party in the EU parliament. The central aim of the party is the UK's withdrawal from the European Union and to regain control of this nation's governance through our own Parliament at Westminster." So Nigel doesn't care much for the EU. He is a very entertaining speaker and seems to understand both REAL Economics and Politics. A devastating combination. [ Visit Website ] Nov 11, 2011, 12:25 Newsletters : 2011 Newsletters : 11 November 2011 Expect Cataclysmic Events in the Coming Weeks Somethings got to give! [ Visit Website ] Nov 11, 2011, 12:06 Newsletters : 2011 Newsletters : 11 November 2011 Deal on Greek premier collapses, Papademos re-emerges Is there a run starting on Greek banks? [ Visit Website ] Nov 11, 2011, 11:56 Newsletters : 2011 Newsletters : 11 November 2011 Europe pushes Italy into the abyss The Central Bankers of the world have carefully kept everything together until now they find they can't do it any more - at least not in the same way. Confidence is leaking away at faster rates these days. The big question is whether Germany will give in and print money to pay for everything or not. [ Visit Website ] Nov 11, 2011, 11:47 Newsletters : 2011 Newsletters : 11 November 2011 Gold Price Suppression Will Fail Soon Jim Rickards has been right about many things and if he is right about this we will see some major changes in the world economy in the next few years. Paper money cannot last. The temptation to print cash is just too much for the parties responsible. Get into trouble? Print up and buy your way out of it. We can see it happening. Jim Rickards has just launched a new book about this problem and it should prove very interesting. He was interviewed on Bloomberg this morning so it is immediately launched on the standard world news scene. Our leaders should read this book and consider spending the 9 billion US dollars we have stored at the Reserve Bank on gold bars. We should also store these bars in New Zealand. We should do it now before the price really starts to escalate. Investment advisers who understand REAL Economics are away ahead of the field on this one. As George Soros says, "Gold will be the ultimate bubble." How can we possibly go wrong with something as safe and sounds as gold? It has been the same story for thousands of years. The con artists of this world are worried about retaining confidence. When we use gold as money we are immediately outside the biggest con game in history - Central Banking. Should be fun! [ Visit Website ] Nov 11, 2011, 10:08 Newsletters : 2011 Newsletters : 11 November 2011 Is Italy Next to Fail and Will Gold Go to $3,000 an Ounce? Professor Morici might very well be correct. We will know soon enough. More lessons for us to learn on the cheap! [ Visit Website ] Nov 10, 2011, 15:48 Newsletters : 2011 Newsletters : 11 November 2011 Europe's democratic deficit grows wider by the day Benjamin Franklin once said: “People willing to trade their freedom for temporary security deserve neither and will lose both.” [ Visit Website ] Nov 10, 2011, 11:15 Newsletters : 2011 Newsletters : 11 November 2011 Tough-talking Germany takes the eurozone to the brink of a break-up Time has moved on a bit from this article and Italy is well and truly in the gun. It sums up the economic situation quite nicely. There are no longer any good options. [ Visit Website ] Nov 10, 2011, 10:38 Newsletters : 2011 Newsletters : 11 November 2011 Eric Sprott talks to James Turk in Munich These two are responsible for many billions of dollars invested. It is worth listening to their advice. [ Visit Website ] Nov 9, 2011, 10:43 Newsletters : 2011 Newsletters : 11 November 2011 Buying up the world's gold - China's long term motive Do you remember the golden rule? [ Visit Website ] Nov 8, 2011, 12:40 Newsletters : 2011 Newsletters : 11 November 2011 Too Many Eurozone Summits Gary North takes a delightfully cynical look at the current status of the powers-that-be's efforts to establish our New World Order. Behind the magical smoke and mirrors of world wide paper money the financial system is coming apart at the seams. What happens when their paper money system fails? [ Visit Website ] Nov 8, 2011, 11:23 Newsletters : 2011 Newsletters : 11 November 2011 Opponents Of Gold, Get On Your Mark The mainstream press is starting to get bold and independent. Brian Domitrovic of Forbes discusses Lew Lehrman's new book, The True Gold Standard. "Gold convertibility and wide circulation of legal tender gold coins put the ultimate regulation of the money supply in the hands of a free people – removing it from arbitrary government control, central bank manipulation, and control by the banking cartel." Bold words indeed and as I say, quoted in the mainstream press - Forbes no less. The pressure is mounting for a return to a gold standard. Can we do it in an orderly fashion or do we fight with the Central Bankers and the paper money printers until calamity strikes? Time will tell. Maybe sooner than we expect. [ Visit Website ] Nov 7, 2011, 12:44 Newsletters : 2011 Newsletters : 11 November 2011 Quote for the Week Now we are just on a pure printing press standard. This will end, this is the end game for that...because in the end, the printing press is no panacea, otherwise Zimbabwe wouldn’t have collapsed. Bill Fleckenstein...01 November 2011 Nov 6, 2011, 12:46