Olafur Ragnar Grimsson Iceland president: Let banks go bankrupt

"Why do we consider banks to be like holy churches?"


Source: http://www.zerohedge.com/news/2013-01-26/only-3-minutes-worth-listening-davos
Source: http://www.youtube.com/watch?feature=player_embedded&v=51-Jfh6ADH0

Tom DeMark: Sell Around the World

Perhaps it's time to take some money off the table, i.e. get out of stocks...

Source: http://www.bloomberg.com/video/tom-demark-sell-around-the-world-KdBPeJbXQXqvlShFYHL7Jw.html

America: Get Ready for Real News

Al Jazeera Media Network has announced that it has acquired US cable channel Current TV.

The Qatar-based network said on Thursday that with the acquisition it plans to create Al Jazeera America, a US-based news channel. Al Jazeera’s coverage will soon be available in more than 40 million US households, up from 4.7 million prior to the deal.

Link to video: http://www.aljazeera.com/news/americas/2013/01/2013132255769130.html

Source: http://www.aljazeera.com/news/americas/2013/01/2013132255769130.html

America, Continuing to Arm Itself

- FBI checks for all of 2012 totaled 19.6 million, an annual record and an increase of 19 percent over 2011.
- The numbers from the FBI's National Instant Criminal Background Check System does not show how many firearms buyers actually took home from federally licensed gun stores. Some purchasers may have bought more than one weapon.
- The figures do not represent the number of firearms sold, a statistic the government does not track. They also do not reflect activity between private parties, such as family members or collectors, because federal law requires background checks only for sales from commercial vendors with a federal license.
- The system does not account for all U.S. gun purchases, however. Many gun shows are not covered and private sales, such as one hunter selling a weapon to another, also are not subject to checks

Source: http://www.zerohedge.com/news/2013-01-02/gun-sales-background-checks-hit-record
Source: http://www.cnn.com/2013/01/02/us/background-checks-guns/index.html
Source: http://www.huffingtonpost.com/2013/01/02/background-checks-guns_n_2398297.html

US Debt: Nothing to See Here, Move it Along...

Do you like hockey? Our Fed does.

Here's the amount of Total US Federal Debt:

Here it is as of Dec. 31, 2012:

And here is our Debt to GDP:

 Worried that it's over 100%, don't be. Please follow this instructional graphic:

Source: http://research.stlouisfed.org/fred2/series/GFDEBTN
Source: http://www.zerohedge.com/news/2013-01-02/total-debt-1643273005056912-debt-gdp-103

GATA's Chris Powell on Gold and Silver Manipulation

On the CFTC's 4-year investigation into silver manipulation, central banks' gold holdings, the London Gold Pool in the 1960s, the BIS, and gold leasing.

From August 2012:


Source: http://www.youtube.com/watch?v=T0jpso4jDC4
Source: http://www.gata.org/

Fiat Currencies

Don't worry, everything will be alright.

But just in case, you might want to reconsider holding that paper money.

Source: http://www.youtube.com/watch?v=gY1EcCUu5nw
Source: http://www.cliffkule.com/2012_12_16_archive.html