From the Summit of the Moral High Ground

You can't argue with the world's only honest politician.

Gold, and gold alone, is money. The news that the US had confiscated all the gold from a refiner under the 'proceeds of crime' and sent the $1.4 billion company into liquidation had the effect of lowering the gold price over the weekend. Why? Well simply put the United States government now has more gold to underwrite its printing press... UNITED STATES OF AMERICA The US is bankrupt, the US has been bankrupt for the past 40 years so the aim for the United States is to lessen the debt through inflation. The United States has 8,000 tonnes of gold (although whether this is actually held remains a mystery). In 1934 the United States arbitrarily re-valued gold from $20 per ounce to $35 per ounce, so why can it not simply repeat this today? It can and it will, but there are some other people who might not like this. The outstanding liabilities of the United States stand at around $74 trillion, simple mathematics therefore pegs the value of gold at $9,250 per gram. Lib...

Austerity is the current buzz-word in economic and government circles but like all words it has been warped and twisted from its true meaning and used against the people, for austerity is the trait of self- denial . You will notice the emphasis on the word self, and it is this that Western Governments have excluded from their re-interpretation, when they say austerity it is not an idea that they place on themselves but on others. That is not austerity that is repression. In essence for a government to truly invoke an 'austerity program' would mean to cut back on the luxuries they afford themselves; but they have not... budgets and staff levels continue to grow, consultants and fact finding missions continue unabated. No where is this more true than in the European Union, which continues to expand unabated whilst honest, hard-working people are told to give up more of their wealth to fund the ever increasing bureaucracy which is almost to a point where it is as large as...

If you cannot afford to buy and hold gold and silver then your attention should turn to the next most commonly used metal currency... copper. For a few years now I have been looking through my loose change for pennies and tuppences which date from before 1992 and 1998/1999. Why? Well the simple reason is that the copper value of a penny today is 1.5p the copper value of a two pence piece is 3p, with hyper-inflation still in its early stages the opportunity is there now for you to collect all these coins and you will barely notice. Think that this is just stupidity... well those silver $1 coins are now worth $34 and the $20 dollar gold coins are now worth $1,750. Our advantage is that whilst it is against the law for UK citizens to melt down UK pennies there is no such prohibition on melting down the coins of Jersey & Guernsey and the trade in these coins can continue unabated. Any British bronze coin from 1806 onwards is going to contain at least 95% copper and the ear...

Sales of Gold and Silver bullion are increasing exponentially in store these days but why? Ever wondered what is happening in the Middle East? Are the battle lines being drawn, just who is on our (and we in the UK are the US's poodle puppy) side? Want to understand what the BBC is not telling us? If you have been following the remarkably accurate predictions of  Jim Willie, then you will note that all he predicted is now coming to pass... The Golden Jackass fills us in on the global economic war which is verging on actual war... just as soon as that presidential election is over of course. The recent decision by the US Federal Reserve to contaminate the financial body until it responds favourably was the last straw in my book.  Witness a declaration of permanent QE and hyper monetary inflation of the most virulent strain, unsterilised. The USFed is essentially admitting failure.  The signal serves as the loudest death knell for the ...

Ian has posted up on his blog the full video of Dean Clifford from December 2011 here . So I just wanted to comment a little more in depth about some of the issues raised, remember this is a Canadian, talking about how things work in Canada and whilst the underlying principles remain the same the system is subtly different. Again this is not a criticism of the Jersey judicial system because if you get them by the short and curlies, then they will actually always follow the law - but putting them in a such a position is the difficult part. So first thing to remember is that any Jersey statute solely governs the actions of the Civil Servants employed to operate under that statute. We are going to use the Social Security (Jersey) Law 1974  as our example and you should remember that this regulates the Social Security department, and only the Social Security department . Philosophically it depends how you view Social Security, personally I view it as a massive Ponzi Scheme ...