Socio-Economics History Blog

Socio-Economics & History Commentary

Syrian Rebels Pledge Allegiance to Al-Qaeda Group That Killed U.S. Troops!

“The ultimate goal that these people have in mind … is the goal to create a One World Government run by the banking industry .. run by the bankers! … The whole agenda is to create a One World Government where everybody has an RFID chip implanted !”
– Aaron Russo 0:15 onwards

“He’s (Rockefeller) the one who told me 11 months before 9/11 ever happen, there was going to be an event. .. And out of that event we will invade Afghanistan, (for) the pipelines to the Caspian sea. We were going to invade Iraq .. to take over the oil fields, establish a base in the Middle East and make it all a part of the New World Order! And we will go after Chavez Venezuela. Sure enough 9/11 happened ! … And there was going to be this War on Terror which has no real enemy. And the whole thing is a giant HOAX! … This whole War on Terror is a FRAUD! ”
– Aaron Russo 2:30 onwards


December 13, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , , , , | Comments Off on Syrian Rebels Pledge Allegiance to Al-Qaeda Group That Killed U.S. Troops!

Silver: Outlook For 2013!


  • Silver: Outlook For 2013
    David Morgan presented his outlook for the silver price in 2013, starting off with two long term silver price charts, both adjusted for inflation. The first of the two charts is using the CPI as measured by the US government. The chart shows the peak price of silver in 1980 (adjusted for today’s inflation) which is $ 125.  The upside potential for silver is clear. Chart courtesy: ShareLynx.

    Now it’s often mentioned that silver touched $ 50 in 2011, speculating that it has passed its peak in the current bull market. The matter of the fact is that it was a one day event and it happened only in the futures market. In the physical market for instance, there was a “bid back” situation, which means the buy / sell spread was very large (dealers were buying physical silver at $ 35 an ounce and selling at $ 50). Moreover, the fact that it took only one day doesn’t make the market.

    When looking at the same chart taking the SGS inflation into account, we see a totally different picture. That’s a measurement that is used by and is using the CPI with the same calculatation methodology as in 1980 (which was obviously than today’s calculation). By doing so, the picture becomes more extreme. David Morgan explains that a move from today’s $ 33 to $ 100 would indeed be a threefold move up, but still significantly low compared to the historic peak. Chart courtesy: ShareLynx.

    Still, these prices are rather irrelevant, as the price of precious metals reflects the value of currencies. In the extreme scenario where an infinite amount of money would be printed, the price of the metals could go to infinity (obviously a theoretical example). It makes more sense to look at the long term trend, which is clearly up. David Morgan used several charts in that respect:

    The long term silver price is rising and keeps on accelerating in its move up.
    The gold to silver ratio is in a long term downtrend (which is in favour of silver). Silver has been outperforming gold over the past decade.
    Expectations remain that silver will continue to outperform gold. The current gold to silver ratio of 50 to 1 is expected to turn to 16 to 1, which is the historic average of the monetary ratio. Here it gets interesting. It makes sense to look at the ratio from the perspective of metals in the ground. By doing so, the ratio becomes 7 to 1. David Morgan doesn’t rule out that a ratio close to that will be possible at the peak.
    Silver is appreciating in ALL currencies, no matter if there are temporarily large increases or decreases in given currencies.

    read more!


December 13, 2012 Posted by | Economics | , , , , , , , | Comments Off on Silver: Outlook For 2013!

Deir Yassin Remembered ! The 1948 Holocaust of Palestinians by Zionist Israel !

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  • Deir Yassin Remembered
    Early in the morning of April 9, 1948, commandos of the Irgun (headed by Menachem Begin) and the Stern Gang attacked Deir Yassin, a village with about 750 Palestinian residents. The village lay outside of the area to be assigned by the United Nations to the Jewish State; it had a peaceful reputation. But it was located on high ground in the corridor between Tel Aviv and Jerusalem. Deir Yassin was slated for occupation under Plan Dalet and the mainstream Jewish defense force, the Haganah, authorized the irregular terrorist forces of the Irgun and the Stern Gang to perform the takeover. In all over 100 men, women, and children were systematically murdered. Fifty-three orphaned children were literally dumped along the wall of the Old City, where they were found by Miss Hind Husseini and brought behind the American Colony Hotel to her home, which was to become the Dar El-Tifl El-Arabi orphanage.
  • See also:

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.


December 13, 2012 Posted by | GeoPolitics, History | , , , , , , , | Comments Off on Deir Yassin Remembered ! The 1948 Holocaust of Palestinians by Zionist Israel !

Shattered Lives in Gaza: How the Israeli Army Targeted Civilians!

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

  • Shattered lives in Gaza: how the Israeli army targeted civilians! 
    by Eva Lewis & James Marc Leas, Counterpunch 
    “My mother, gone. My sisters, gone. My brother, gone. My aunt, gone. My sister-in-law, gone. My nieces, nephews, all gone. Why did they do this? For what?”

    THE FATHER OF THE FAMILY, Jamal Mahmoud Yassin al-Dalu, was praying when the missile struck. It was the afternoon of November 18th, the fifth day of the Israeli attack against Gaza misnamed “Operation Pillar of Defense”.

    Jamal’s wife, Tahani Hassan al-Dalu, 52 was at home preparing lunch. His grandchildren, ages 1, 4, 6, and 7 were playing with their toys, waiting to eat. Also in the house were Jamal’s 73 year old sister, his two daughters, 16 and 25, his son, 29 and his son’s wife, 25. All 10 were killed at once. Three generations of a family wiped out in a single event: five children, 4 women and the father of four of the children.

    Two neighbors in an adjoining building, 75 year old Ameena Matar al-Mauzannar and 19 year old Abdullah Mohammed al-Muzannar, were also killed, crushed by collapsing walls.

    Two weeks later, there was a vigil with neighbors, friends and family of the 12 victims of the attack.  Children stood with candles on the ruins of the home remembering their loved ones who were killed.

    Jamal did not speak much at the vigil.  Silently he gestured to show how the missile had dropped. Then he waved his hands to indicate erasure. Nothing. Gone.  He turned his back on the ruins of the house where so much of his family had been lost and crossed his arms, staring up at the sky.

    His son Ahmed was there with him.  Ahmed had flown in from Turkey, where he lives, as soon as the attack was over.  With indescribable anger and pain he lamented,

    “My mother, gone.  My sisters, gone.  My brother, gone. My aunt, gone. My sister-in-law, gone. My nieces, nephews, all gone.  Why did they do this? For what?”

    His face red, tears welling in his eyes he recounted with eloquent rage how he had learned of the death of his whole family.  How he had woken up in the hospital after hearing the news, hysterical with grief.  How he had tried to deny it, explain to himself and others how it could not be true.

    Even through all that has happened to him, all that he has lost, Ahmad Dalu has not resorted to religious hatred.  He does not blame the Jews he said; he knows that they are not the same as Israel. He blames the governments of Israel and the US. “Obama has blood on his hands,” he said.

    It was in fact a US made F-16 that the Israeli government used to target the Dalu family.  The highly accurate F-16 fighter jet was used throughout “Operation Pillar of Defense” by the Israeli Defense Force to hit civilian targets.  Between 2000 and 2009, the United States government provided and paid for more than 93 F-16D fighter jets at a cost of 2.48 billion dollars.

    As for the targeting of the Dalu family home, the Israeli Defense Forces said they were “looking into” the Sunday afternoon air strike. According to an article in the NY Times, the Israeli Army spokesperson said “the target had been a man ‘in charge of rocket launching’ from the neighborhood, and that 200 to 300 rockets had been fired at Israel under his command in recent days, but it was unclear whether that man even lived nearby.” The IDF has produced no evidence that such a fighter was ever at the Dalu home.

    The street where the house stood is a narrow one, in the center of highly populated Gaza City. The impact of the missile, in addition to the lives it took, caused all the windows across the street to blow out and many inside doors to break. In the home directly across from the Dalu’s a 10 square foot section of wall was drawn forward out of the rest of the house.  The family in this home survived only because they were in a back room, farther removed from the blast.  A car parked in front of their building was flipped forward and across the street, coming to rest crumpled up atop a 10 foot mound of rubble that had been the Dalu home.

    Customary international humanitarian law, codified in the Hague Convention IV, the Fourth Geneva Convention, and in  Protocol I of the Fourth Geneva Convention requires that “in the conduct of military operations, constant care shall be taken to spare the civilian population, civilians and civilian objects.” Absolutely prohibited is an attack on a civilian residence unless evidence is available to the commander of the operation showing that the house is being used for a military purpose, that attacking the house is the only way to accomplish the military objective, and that the anticipated loss of civilian life, injury to civilians, and damage to civilian property would not be excessive in relation to the concrete and direct military advantage anticipated from the attack. Failing any one of these requirements the commander must not authorize the attack or must cancel the attack.

    read more!

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” from 4:22 onwards


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U.S. Mint Gold and Silver Coin Sales Skyrocket Y-o-Y After Presidential Election!

  • U.S. Mint gold and silver coin sales skyrocket y-o-y after Presidential election! 
    by Dorothy Kosich, 
    As investors’ attention turns away from the November elections to the U.S. fiscal cliff crisis, U.S. Mint gold and silver coin sales have been spiraling upwards.

    Sales of American Eagle gold bullion coins more than tripled in November of this year from 41,000 ounces sold in November 2011 to 131,000 ounces. The U.S. Mint also reported that gold sales increased 132% from 59,000 ounces in October 2012 to 136,500 gold ounces in November 2012.

    In a news release, Arthur McGuire, vice president of East Haven, Connecticut-based Gold Coin, said, “The fiscal cliff is causing a huge stir in investment markets, and this is precisely why gold coin sales skyrocketed in November.”

    Gold Coin analysts project that gold sales will continue to increase “as more investors invest in gold as their ultimate safe-haven profit and wealth preservation tool,” McGuire added. Terry Hanlon of the Dillon Gage Group recently observed that gold prices also tend to rise after a U.S. presidential election.

    Once the November presidential election was over, the spotlight shifted back to underlying bad news in the U.S. economy. “As a nation, we’re spending way beyond our means, are saddled with debt and can’t stay within our debt ceiling,” Hanlon observed, noting that European nations are experiencing similar economic circumstances.

    In a recent interview with the Financial Times, Hanlon suggested, “You’ve got a lot of people who are very worried about the economy. With the election they saw that nothing is going to change.”

    Meanwhile, the U.S. Mint also reported sales of 3,159,500 ounces in American Eagle Silver Bullion coins for November 2012, more than double the sales of 1,384,000 ounces in American Eagle Silver Bullion coins reported during November 2011.

    However, American Eagle Silver Bullion Coins sales only increased slightly from 3,153,000 ounces in October 2012 to 3,159,500 silver ounces in November 2012.


December 13, 2012 Posted by | Economics | , | Comments Off on U.S. Mint Gold and Silver Coin Sales Skyrocket Y-o-Y After Presidential Election!

Orwellian Mind Controlled Supermen: The New World Order Vision for 2030 !

  • Superhumans, supercities and supercomputers: US intelligence’s vision of 2030!
    by RT 
    Things are about to get a little weird. This according to the National Intelligence Council, at least, a US-based coalition of spy agencies that has just released its predictions for what’s in store for the Earth in 2030.

    The NIC released on Monday “Global Trends 2030: Alternative Worlds,” an 140-page report that brings together the best brains within the intelligence sector to find out what we might expect a few decades down the road. Given the current rate of growth in technology and medicine, the marvels considered in the NIC report shouldn’t come as all too surprising. Only 18 years down the road, however, the ideas being pitched by the people behind the report might not be as much science fiction as soon-to-be-reality. It also might very well be predictive policy making.

    “We are at a critical juncture in human history, which could lead to widely contrasting futures,” Council Chairman Christopher Kojm writes in the report.

    With the next few years ripe for experiment, the future is “malleable,” Kojm suggests, making no time like the present to start perfecting space-age advances once thought to be out of this world. On the contrary, though, the NIC seems to think cyborg civilians and instant super-cities are thing of the not-so-distant future.

    “Our effort is to encourage decision-makers, whether in government or outside, to think and plan for the long term so that negative futures do not occur and positive ones have a better chance of unfolding,” the Council writes. That influence might be a bit impressive for some, though, as it includes suggestions for the world of tomorrow that will be necessary to advance them human race in order to make use of dwindling resources as populations expand around the globe.

    “With shale gas, the US will have sufficient natural gas to meet domestic needs and generate potential global exports for decades to come,” the report suggests in one possible outcome. As inequalities explode across the world though, the experts predict that China and the US become strong allies to tackle global issues.

    The “most plausible worst-case scenario,” the report adds, involves the risks of interstate conflict increasing to the point that “the US draws inward and globalization stalls.” From there, “megacities [will] flourish and take the lead in confronting global challenges.”

    read more!


December 13, 2012 Posted by | EndTimes, Science & Technology, Social Trends | , , | 2 Comments

Transit Authorities Admit to Spying on You!


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“Holy Grail” Gold Evidence Panics Western Central Banks!


  • “Holy Grail” Gold Evidence Panics Western Central Banks! 
    Today King World News wanted to discuss what has been termed as the ‘Holy Grail’ of evidence which implicates Western central banks in actively manipulating the gold market.  This has Western central banks deeply troubled because the information was never supposed to become public.  Chris Powell, who has been focused on uncovering this type of sensitive information for 15 years, told KWN, “This is as authoritative (an admission) as we are likely ever going to get that central banks are actively involved, in secret, in the gold market.” 

    Here is what Powell had to say: “Eric, this is a report written to the executive board of the International Monetary Fund from March 1999 about the efforts of the IMF staff to improve accountability in world central bank accounting.  The report explains how the IMF staff proposed to require central banks to distinguish their gold loans and gold swaps from their gold reserves so the world could see exactly how Western central bank gold reserves were disposed.

    The report goes on to explain that when the central banks saw that accountability would be demanded of them for their gold loans and swaps, they panicked.  The report says that the central banks surveyed by the IMF staff objected to this precise accounting of their gold reserves. They said disclosure of gold loans and swaps would be what they called, “Highly market-sensitive” and disclosure would interfere with their secret interventions in the currency markets.  This is an admission….

    read more!




December 13, 2012 Posted by | Economics | , , , , , , , , | Comments Off on “Holy Grail” Gold Evidence Panics Western Central Banks!

FOMC Does Exactly What Market Told It To Do! US$45B in Monthly US Treasury Purchases!


  • FOMC Does Exactly What Market Told It To Do! 
    by Tyler Durden,
    Just as consensus demanded expected, the FOMC transformed sterilized ‘Twist’ into unsterilized QE4 in addition to QE3’s MBS buying and lowered economic forecasts – dropping calendar-based rate guidance unchanged with a shift to “Evans-Rule”-like threshold-based guidance. High inflation, forget it; ‘lower’ unemployment, naah; market wants ‘moar’ so market gets ‘moar’. $4 Trillion balance sheet here we come (check to Draghi’s OMT and Spain or EUR ‘richness’ crushes hopes of recovery).


Disappointingly for AAPL investors, there was no explicit decision to monetize mini-iPads (or their own subsidized student loan debt in the ultimate reach around).

read more!

We will all be trillionaires but can't afford breakfast !

We will all be trillionaires but can’t afford breakfast !


December 13, 2012 Posted by | Economics | , , , , , , , , , , , | Comments Off on FOMC Does Exactly What Market Told It To Do! US$45B in Monthly US Treasury Purchases!

Open War? Obama Backs Syria Rebels ‘Infiltrated with Terrorists’ !

  • The agenda is the Satanic World War 3! NOT Peace! The Muslim Brotherhood (Masonic Brotherhood really) is part of the western Illuminati. Do not be taken for a ride!
  • The Masonic Origins of the Muslim Brotherhood (emphasis mine)
    The Masonic origins of the Islamists movements, and their true goal to undermine Islam and fight for Western Zionist Powers such as Britain and the United States of America. The Muslim Brotherhood has acted as a clever technique to recruit agent-provocateurs for the Illuminati. The lowest ranks may sincerely believe they are defending Islam, and confronting “Western imperialism”. However, these various terrorist groups, through representing different factions, are part of a single network serving the same Illuminati cause.

    When we explore the political and financial connections of the terrorists, we find that these are not merely wayward fanatics, operating in isolation, but that their channels penetrate to the upper reaches of power, in the British and American governments, and outward into the nether regions of the occult and criminal underworlds.

    William Engdahl on Egypt’s uprising:
    They are being organized in a Ukrainian-style high-tech electronic fashion with large internet-linked networks of youth tied to Mohammed ElBaradei and the banned and murky secret Muslim Brotherhood, whose links to British and American intelligence and freemasonry are widely reported.

    Muslim Brotherhood created by British Intelligence
    Dr. John Coleman, a former British Intelligence agent…states in his report on Iran’s Islamic Revolution that the Muslim Brotherhood was created by “the great names of British Middle East intelligence”…and that their mission was to “keep the Middle East backward so that its natural resource, oil, could continue to be looted…”

    The Muslim Brotherhood is a London creation, forged as the standard-bearer of an ancient, anti-religious (pagan) heresy that has plagued Islam since the establishment of the Islamic community (umma) by the Prophet Mohammed in the seventh century. Representing organized Islamic fundamentalism, the organization called the Muslim Brotherhood (Ikhwan al-Muslimum in Arabic) was officially founded in Egypt, in 1929, by the British agent Hasan al-Banna, a Sufi mystic. Today, the Muslim Brotherhood is the umbrella under which a host of fundamentalist Sufi, Sunni, and radical Shiite brotherhoods and societies flourish.

    The Muslim Brotherhood is a tool by the British-based Globalists whose main objective is to overthrow the established world order and create a new one-world system of global governance. Without the British, “radical Islam would have remained the illegitimate, repressive minority movement that it has always been, and the Middle East would have remained stable and prosperous.”

    The real Muslim Brothers are…the secretive bankers and financiers who stand behind the curtain, the members of the old Arab, Turkish, or Persian families whose genealogy places them in the oligarchic elite, with smooth business and intelligence associations to the European black nobility and, especially, to the British oligarchy.

    By fabricating a bogus war between Islamic fundamentalism and the West, the globalists are able to attack their real enemy, humanity. Pulling the strings, they will ensure that both Western and Muslim states are degraded and finally completely subjugated to their odious rule.


December 13, 2012 Posted by | GeoPolitics | , , , , , , , , , , | Comments Off on Open War? Obama Backs Syria Rebels ‘Infiltrated with Terrorists’ !

Big Brother Buses: Eavesdropping Devices put on US Public Transport !


What is the Satanic capstone “All Seeing Eye” doing in the DARPA logo? Who wants to be like “All Knowing” God, The Most High? The counterfeit, light bearer: Lucifer/Satan!


December 13, 2012 Posted by | GeoPolitics, Social Trends | , , , , | Comments Off on Big Brother Buses: Eavesdropping Devices put on US Public Transport !

President Obama Outdoes Bush Drone Strikes! Mass Murder!

From the Satanic Bible: Horned Hand or The Mano Cornuto: This gesture is the Satanic salute, a sign of recognition between and allegiance of members of Satanism or other unholy groups.

From the Satanic Bible: Horned Hand or The Mano Cornuto: This gesture is the Satanic salute, a sign of recognition between and allegiance of members of Satanism or other unholy groups.

Obama the Illuminist, 32nd degree Freemason flashing the devil's horn symbol ?

Obama the Illuminist, 32nd degree Freemason flashing the devil’s horn symbol ?


December 13, 2012 Posted by | GeoPolitics | , , , , , , , , , | Comments Off on President Obama Outdoes Bush Drone Strikes! Mass Murder!

Congress Keeping Gitmo Torture Techniques Secret !

December 13, 2012 Posted by | GeoPolitics | , , | Comments Off on Congress Keeping Gitmo Torture Techniques Secret !

U.S. Army Starts Targeting Children!!


  • Daniel 7:23 (New King James Version)
    23 “Thus he said:
    ‘The fourth beast shall be
    A fourth kingdom on earth,
    Which shall be different from all other kingdoms,
    And shall devour the whole earth,

    Trample it and break it in pieces.

  • Daniel 11:36-39 (New King James Version)
    “Then the king shall do according to his own will: he shall exalt and magnify himself above every god, shall speak blasphemies against the God of gods, and shall prosper till the wrath has been accomplished; for what has been determined shall be done. 37 He shall regard neither the God[a] of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all.

    38 But in their place he shall honor a god of fortresses; and a god which his fathers did not know he shall honor with gold and silver, with precious stones and pleasant things. 39 Thus he shall act against the strongest fortresses with a foreign god, which he shall acknowledge, and advance its glory; and he shall cause them to rule over many, and divide the land for gain.
  • U.S. Army Starts Targeting Children!! 
    by WashingtonsBlog 
    American Military Starts Assassinating Children
    Obama and the American military label all young men – between the ages of say 15 and 35 – who happen to be in battle zones as suspected insurgents who they can target and kill. Under the Bush administration, children were tortured. Now, the U.S. military is starting to target children for assassination in battle zones. As the Nation reports:

    In a despicable article in Military Times, the US military says that children are legitimate targets in the war in Afghanistan because sometimes the Taliban and other insurgents use kids. In the original incident, which I cited in October, The New York Times reported it this way:

    The…case of three children allegedly killed in a coalition strike was reported by local officials in Helmand Province’s Nawa district. The officials said that the children were killed in a NATO strike on Sunday afternoon as they were gathering dung to burn as fuel, a common practice in the desert reaches of southern Afghanistan where there are few trees.
    The Marja governor said that NATO forces watched as improvised explosive devices were being planted, and targeted the insurgents planting them. “As a result two I.E.D. planters were killed and the shrapnel killed the three children who were wandering nearby,” he said. Other reports said that three insurgents had been killed.

    A spokesman for the international forces, Maj. Adam Wojack, said that the coalition forces were aware of the allegations and that the episode was being investigated. “I.S.A.F. did conduct a precision airstrike on three insurgents in Nawa district, and the strike killed all three insurgents,” he said. “None of our reporting shows any civilian casualties or any children.”

    But on December 3 Gannett, which owns Military Times, ran an article headlined: “Some Afghan Kids Aren’t Bystanders.” It said:

    When Marines in Helmand province sized up shadowy figures that appeared to be emplacing an improvised explosive device, it looked like a straightforward mission. They got clearance for an airstrike, a Marine official said, and took out the targets.

    It wasn’t that simple, however. Three individuals hit were 12, 10 and 8 years old, leading the International Security Assistance Force in Kabul to say it may have “accidentally killed three innocent Afghan civilians.”

    But a Marine official here raised questions about whether the children were “innocent.” Before calling for the M142 High Mobility Artillery Rocket System mission in mid-October, Marines observed the children digging a hole in a dirt road in Nawa district, the official said, and the Taliban may have recruited the children to carry out the mission.

    Shockingly, the article quotes a senior officer saying that the military isn’t just out to bomb “military age males,” anymore, but kids, too:

    It kind of opens our aperture,” said Army Lt. Col. Marion “Ced” Carrington, whose unit, 1st Battalion, 508th Parachute Infantry Regiment, was assisting the Afghan police. “In addition to looking for military-age males, it’s looking for children with potential hostile intent.”

    War crimes?  It would appear so.

    But the U.S. government exempts its own acts from the definition of terrorism … even as it labels others as terrorists for doing the exact same things.

The US ‘defence’ (WAR) budget is easily above US$1Tillion for 2011 when all the discretionary spending are added !

US: Money only for wars and banksters!


December 13, 2012 Posted by | GeoPolitics | , , , , , , | Comments Off on U.S. Army Starts Targeting Children!!

Gregory Mannarino: Gold and Silver Are Going Up, Cash is Going Out of Style!

  • Gregory Mannarino: Gold and Silver Are Going Up, Cash is Going Out of Style! 
    by Greg Hunter’s
    Financial analyst Gregory Mannarino says, “The Federal Reserve is going to print into oblivion.  Why?  Because cash is going out of style.”  It was recently reported the Fed is buying 90% of U.S. Treasuries.  Mannarino contends, “The Federal Reserve has to go out and buy Treasury bonds.  If they don’t do this, it’s over . . .  the system collapses.  The Fed is now the lender of last resort.”  Mannarino predicts not only America, but the world, is headed for a collapse.  “Nothing they do now can change the trajectory we are on, which is the mother of all collapses of the financial system–on a global level,” says Mannarino.  When that happens, what is going to happen to all the asset classes?  Mannarino says, “You got to be nuts to buy 10-Year Treasury bonds . . . . At some point, it will be the free market that will decide fair value with regard to everything across the board, including debt.”  Mannarino thinks interest rates will spike and “commodities are going to go to the moon . . . gold and silver are going up over the long term.”  Join Greg Hunter as he goes One-on-One with Gregory Mannarino. 


December 13, 2012 Posted by | Economics | , , , , , , , , , , , , | Comments Off on Gregory Mannarino: Gold and Silver Are Going Up, Cash is Going Out of Style!