Deflation?  What about the “Full Faith and Credit?”
blog.milesfranklin.com

I have been told that I just don’t get it. We are moving toward a deflation and this is why gold is going down. The deflationists have come out of the woodwork, further below is just one e-mail that I received yesterday. What is coming will be a monetary panic which hyper inflates the currency […]

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Gold Drop: An Opportunity?
numismaster.com

“When are gold and silver prices going to go back up, if ever?” This question, or variations of it, is the most common inquiry made of coin dealers today. As of the COMEX closes Monday, the price of gold is down over 28 percent and silver almost 44 percent from October 4, 2012. Results like […]

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Interest rates have risen 50%
blog.milesfranklin.com

A couple of months back the yield on the 10 year Treasury was 1.6% or slightly lower. In anticipation of the Fed tapering the yield, it rose to 2.32% yesterday and 2.43% this morning. In fact, yesterday alone the yield on the 5 yr. rose 6% (relative, not yield) in one day. That is THE […]

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The Button Has Been Pushed…Ready Or Not
blog.milesfranklin.com

This week has started off miserably. China had problems within their banking system last night as bank transfers, ATMs, online banking and wires did not work. Europe announced that their E500 billion bailout fund for banks is no longer the case; they now say that 60 billion Euros will be the limit…retroactively. To put this […]

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The Great Unwind Has Finally Arrived
blog.milesfranklin.com

50+ years of credit creation and living beyond our means year after year is finally coming to an end. Ben Bernanke spoke on Wednesday regarding tapering treasury and MBS purchases sometime next year, the market then immediately reacted. Stocks were sold, bonds were sold, commodities were sold and so were silver and gold (much more […]

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Another shameful day for Europe as EMU creditor states betray South
www.telegraph.co.uk

So much for the denials. The Cyprus “template” for banking crises is to be eurozone policy for other countries after all. …Anybody with serious banking exposure to any EMU state on the front line of Europe’s macro-economic crisis now knows what to expect…..

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Deluded Worlds And Unpleasant Realities | Zero Hedge
www.zerohedge.com

Words, once spoken, are no longer your own. Words, strung together, may be the most powerful spells in our kingdom. Two speeches, one in America and one in Europe buoyed the world. One speech made in America has now ended the experiment. No magic wand was needed. The world had deluded itself that it would […]

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The 441 TRILLION Dollar Interest Rate Derivatives Time Bomb
theeconomiccollapseblog.com

Do you want to know the primary reason why rapidly rising interest rates could take down the entire global financial system?  Most people might think that it

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Top National Security Experts: Spying Program Doesn’t Make Us Safer, and Spying Leaks Don’t Harm America | Zero Hedge
www.zerohedge.com

NSA Leaks Help – Rather than Hurt – the United States

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