What if you could swap fiat currency for real money (Precious Metals) at a real discount. You can, if you buy and hold real metal instead of fiat currency. The US Federal Reserve is buying United States debt with money it makes "out of thin air". The money is used to buy physical gold and equity stakes in America's greatest companies on the S&P index of companies.
Asian interests who are holding US debt and excess US Fiat dollars seize the Precious metals at the spot price which has been artifically held low by the sale of "short contracts" on the spot market.
The above, in my opinion, is the essence of the argument made in this fascinating interview between Max Kaiser and Andrew MacGuire.
Meanwhile, your savings, if you have any, your retirement funds, are being inflated away with fiat currency devaluation, or "debt monetization", a concept most schleps don't understand.
Bullshit has indeed baffled brains.
Read About: Money and The Kipawa River, Whitewater Ontario,Les amis de la rivière Kipawa,The Proposed Tabaret River diversion project, Northern Ontario Liquid Adventurers,Canadian Rivers Network The viewpoints and opinions expressed here are those of the author and are not necessarily those of Whitewater Ontario or Les Amis de la Riviere Kipawa. Those groups did not vet these comments and would not likely endorse the views expressed here or the manner in which they have been expressed.
Tuesday, September 24, 2013
Monday, September 23, 2013
Fukushima News
Fukushima is around 200 km north of Tokyo on east coast of Japan. It is the site of the world's worst ever nuclear failure and is still out of control. TEPCO is dumping huge quantities of radiation into the Pacific ocean where currents carry it to North America and around the globe.
Just 25 km north of Fukushima Daiichi nuclear plant, just five km outside the current 20 km exclusion zone area where cumulative dose levels might reach 20 millisieverts per year, residents have discovered average radiation from approximately 3 to 1.5 microsieverts per hour (13 - 26 millisieverts per year ( mSv/yr)).
20 millisieverts per year is considered to be the yearly limit for radiation workers. – the limit recommended by the International Commission on Radiological Protection is 1 mSv/yr.
Information on Cherynobyl
Thirty minute film from 2012 inside Chernobyl.
http://www.youtube.com/watch?v=YfulqRdDbsg
Additional links on Fukushima
1) http://www.projectcensored.org/3-fukushima-nuclear-disaster-worse-than-anticipated/
2) http://www.washingtonsblog.com/2013/09/the-real-fukushima-danger.html
3) http://www.zerohedge.com/news/2013-09-13/tepco-official-admits-fukushima-out-control
Dr Tatsujiro Suzuki, vice chairman of the Japan Atomic Energy Commission,http://www.bbc.co.uk/news/world-asia-23940214
Sept. 20, 2013 – The following is from
Angela Bischoff - OCAA (angela@cleanairalliance.org)
“If things go south in a hurry, where do our people go? We do not have the luxury of picking up and leaving.” Chief Randall Kahgee of the Saugeen Ojibway Nations speaking of OPG's proposal to bury nuclear waste under Lake HuronPremier Kathleen Wynne : Close the Pickering Nuclear Station Please sign the petition. Also watch Chex TV Channel 12 Durham news’ story on the issue.
The World
☢ Blow to Abenomics as Japan shuts last nuclear reactor Mr Abe had planned to restart reactors in western Japan where earthquake risks are lower, once each has been cleared by the new regulator, but the Fukushima saga has become a national scandal, with polls showing 84 percent of Japanese voters now want to phase out nuclear power or halt it entirely. The government has been forced to intervene since it became clear that Tokyo Electric Power (TEPCO) had no coherent plan to cope with toxic waste. A company official admitted over the weekend that the crisis is “not under control”.
☢ Japan's Nuclear Migraine: A Never-Ending Disaster at Fukushima Japan is stumbling helplessly from one crisis to the next as it battles the ongoing disaster at the Fukushima nuclear power plant. US nuclear inspector Dale Klein is demanding the intervention of foreign experts, but a quick solution is unlikely.
☢ Typhoon hits Japan as Fukushima operator releases water into sea It was unknown how much water was released to sea under the "emergency measure," Koshimizu said.
☢ Endless Fukushima catastrophe: Many generations’ health at stake by Dr. Helen Caldicott
☢ Discussing the ongoing Fukushima Daiichi nuclear disaster 1 hour audio interview with Arnie Gundersen who has 40-years of nuclear power engineering experience.
World Heath Organisation's report on seafood safety:
http://iaea.org/newscenter/focus/fukushima/seafoodsafety0511.pdf
Authoritative Source (published in English)
Tepco website,
NRA website (Japan's nuclear regulatory body) Nuclear Regulation Authority
www.nsr.go.jp/english/
World Nuclear Association website
abc.net.au/news/2013-09-13/us-nuclear-expert-27not-concerned27-by-fukushima-site/4957752