Thursday, September 8, 2011

America

My life

I always had to think twice

Spend time to ponder, my mind started to wander

Down the less traveled path, geometric shapes and shadows cast

Up on the wall, esoteric wisdom

Lost in the mainstream

Hidden wisdom

Mystery religions and mythical facts

Changed my life far more than science has

lost loves and battle chat

Carefully crafted relationships never last

The realness is what brings us back

Not the rationality or the money

No excuses when where on the hunt for honey

Everyone wants to look lovely

Feeling so stunny

In a society where ignorance seems to be the new funny

Celebrity gossip and death machine money

America the land of the hungry and the cunning

Will one day restore the freedom of those who dream not to go to sleep hungry

Facebook status, we need more magic

The technology of separation makes us feel so tragic

Society of class and grandeur built on one another’s sadness

Whether you’re a disciple or an addict they want you to believe its still classic

But really it’s just the same madness jihadist extremist ego based passion

The enemy of the people anyone who wants to open fire and start blasting

Emotions that leave smoking holes in lifeless bodies whether you’re American or Saudi

Atheist or godly, nobody should kill for religion that seems like it would be the most ungodly.

Crusaders wars reframed as humanitarian interventions makes the picture a little foggy

The deception of war seems like Americas new favorite hobby

Especially when you have the military industrial lobby

Stacking bodies, with no numbers, lost in the sand

No rain, only thunder

Collateral damage one hell of a fucking way to rename murderous blunders

Cruise missiles rain down like the fires that destroyed Sodom and Gomorrah

Except they choose to read the Koran instead of the torrah

The ego the only enemy of the people

Hidden inside our own mind making us feel scared and deceitful

Seeing enemies around us when really its us we the people

Our differences seem so feeble when we think about all that we could heal.

When things seem like they are just to real

Were here with words of wisdom helping yall to chill

When things seem like they are just to real

Were here with words of wisdom helping yall to chill

When things seem like they are just to real

Were here with words of wisdom helping yall to chill

When things seem like they are just to real

Sit back and chill, perfect your skills

Focus and build, Meditative essence the real way to heal

Emotions so real, Thoughts that heal, Magical energy of esoteric will

A tribe on a quest it’s a rainbow for real

The light shades

The prisms of energy

Pyramids of light let me feel your symmetry

Magnificent, magnetic connectivity

To my brothers and sisters there are no real enemies

The true battlefields of life are fought internally

So this journey I began will be the new birth of me

Friday, August 12, 2011

Liberty Coin and Precious Metals Market Update

Amid global market turmoil, gold’s parabolic run-up from $1500 per ounce to $1800, about a 15% rise in price, spells a clear shift for the global economy. Firstly, anybody shorting the gold price leading into such a parabolic move upwards has lost much. They will not be participating in gold shorts any longer. Presumably, many of them have transferred their shorts to the smaller PM market, silver. As they try and convince the world silver is not a monetary instrument, they will trade all the paper they can to keep the price of silver below $40. Recently, they’ve had no trouble doing so. That these shorts have been moved to the silver market, thus keeping silver below $40, therefore leaves gold looking vulnerable, taking some of the steam out of its historic, 1982-esque, price run. JP Morgan, HSBC, and other keystone financial institutions cannot keep silver down for much longer, as traders of gold and silver, worried about buying gold near its top, will look to the quiet silver for potentially quick returns.

One possible effect of these shorts being shaken out of the market is that we might not see gold dip $150, retracing half of its recent run-up as bull-market stocks tend to do (not to say that gold is a stock, but just to compare). Rather, as volatility picks up in the currency markets, as suggested by the Swiss Franc’s drop of 5% compared when compared with the Dollar and the Euro, gold might head towards $2,000 in the near-term.

Supply is being squeezed as the rush continues in the gold market, as 24K gold bars were delayed this last week for delivery. Further evidence of financial panic, rumor has it that Swiss 20 francs and Rooster French 20 Francs in Europe are being sold at premiums of 8.5% and 10.7%, respectively. The French are withdrawing money from banks, nervous that the instability plaguing Greece, Portugal, Ireland, Spain and Italy will soon come to France.

As for silver, as an industrial metal as well as a monetary metal, it is prone to wild fluctuations. Over the past couple of weeks, though, the price of silver has traded between the $38 and $40 range. Considering the wild fluctuations in global markets, this betokens a surprisingly quiet silver market. Not only ought the fear that has gripped the global market spur safehaven buying into the metal, but so too should the violent crashes in the markets spur serious moves to the downside for the silver. Instead, silver has moved up-and-down only 2% in either direction, representing a schizophrenic couple of weeks. The take-home point of such a steady silver price is that silver has broken the chains, if not from the paper manipulators, from its status as an industrial metal. Instead, increasingly so, the white metal is being viewed as tangible money.

History shows that political volatility and financial crisis drive silver up. Consumer confidence today has reached its lowest point since 1980, that year in which silver ran to $50 per ounce. In 2008, the DOW crashed 1,874 points over the course of one week, and the silver price was cut by more than half. These past two weeks, the DOW has crashed 2,000 points, but, instead falling to $20 per ounce, silver has held in the high $30’s, a price which it has tested now seven or eight times. Expect silver to takeoff in the near future.

The volatility, as CNN reports, is here to stay. “Massive volatility and headline-to-headline driven trading are now just part of the average day.” Firms with high-frequency trading technologies benefit most from such wild swings. Thus, panic will drive average investors away from paper assets into tangible assets, such as gold and silver.

*the aforementioned is not financial advice by which to trade, but a look at possible outcomes in the ongoing, long-term silver and gold PM market.

Sunday, June 26, 2011

College Debt Freedom?

It is said that the amount of college loans in the System amounts to approximately $1 trillion. It is also said that small debts are a risk to the borrower, whilst many are a risk to the lender. Therefore, it is in the ideal interest of not only the great many college graduates struggling to balance their food, shelter and fun needs, as well as their debt burden, but also of the familiar international financial institutions, who— surprise-surprise—over-lent, to reach some sort of sensible payment accord.

Today there is legislation in both the Senate and the House to “restore fairness” in private student loans by treating them “in bankruptcy the same as other types of private debt.” The bill is introduced by U.S. Senators Dick Durbin (D-IL), Sheldon Whitehouse (D-RI) and Al Franken (D-MN) today joined U.S. Representatives Steve Cohen (D-TN), Danny Davis (D-IL), George Miller (D-CA) and John Conyers (D-MI).

An article posted at Senator Durbin’s .gov website states:

Before changes were made to the bankruptcy code in 2005, only government issued or guaranteed student loans were protected during bankruptcy. This protection has been in place since 1978 and was intended to safeguard federal investments in higher education. Today’s bill would restore the bankruptcy law, as it pertains to private student loans, to the language that was in place before 2005, so that privately issued student loans will once again be dischargeable in bankruptcy.


In a culture where a college degree is celebrated as the surefire way in which to get ahead in life, protections and safety nets must be in place when graduates soon realize that, in fact, their college degrees are a dime-a-dozen, and not worth the thousands they now owe. Instead, they work menial jobs for meager wages or find themselves learning skillset’s anew, on the job, and often in the capacity of “intern.”

Representative Cohen said:

People who seek higher education to better their futures should not be dissuaded from doing so by the threat of financial ruin…The bankruptcy system should work as a safety net that allows people to get the education they want with the assurance that, should their finances come under strain by layoffs, accidents, or other unforeseen life events, they will be protected. My bill takes a modest but important step in achieving this goal.


Durbin introduced such legislation in 2007, and Congressman Cohen held a hearing on the dischargeability of student loan debt during bankruptcy in September 2009.
Said Senator Whitehouse:

By repealing special treatment for private lenders, we will hold big banks accountable, protect young people from abusive lending practices, and provide relief for graduates trapped by loans that can too often carry high interest rates and unfair terms.

Unlike government loans, private loans do not include interest rate caps, flexible repayment options, and limited cancellation rights. College loans are managed in a perverse way by big banks, who take advantage of the lack of life experience among young people in order to saddle them with debt. This serves two purposes: Either to extract wealth from baby-boomer parents who must foot the bill or towards the same outcome from those students who must pay-back the loans by themselves. Many students, with the average college debt between $20,000-$60,000, end up being asked to pay back money that cuts into their ability to shelter themselves, feed themselves, and thus begin upon a path of financial independence and family-building.

Few debts are held to such a standard by bankruptcy law, wherein discharge is only allowed in the most “extreme circumstances.” The bankruptcy code makes it especially difficult for people to escape child support responsibilities, overdue taxes, and criminal fines. College debt ought not be lumped in with these debts.
This legislation is supported by 35 groups and organizations:

The American Association of State Colleges and Universities, American Council on Education, American Federation of Teachers, Americans for Financial Reform, Consumer Federation of America, Consumers Union, The Institute for College Access and Success, National Association of Student Financial Aid Administrators, National Consumer Law Center and U.S. PIRG.


To paraphrase that which monsieur Max Keiser has recently said: people used to work for money, today they work to go into debt. This is a paralyzing social structure, not only for the individual, but for culture itself.

The bill is indeed a small step, and there is little awareness, among the public, of its presence in both houses. For such legislation to move forward, and help to create a nationwide movement intent on bankrupting the illimunist financial conglomerations, students must be aware of those attempting to protect their financial livelihoods.

There are many methods of paying back student loan debt. The only accepted one is to simply pay. But, there are other options. As the dollar weakens, for example, an indebted student will, later, have the opportunity to pay-back loans in cheaper dollars. Furthermore, commodities such as gold and silver offer interest rates that outpace the interest rates on many student loans.

Saturday, March 26, 2011

Has Silver Topped?

Bob Moriarty recently wrote an opinion piece on Friday, March 25, asking the question “Is Silver Topping?” He writes that silver is at a “temporary top.” He goes on saying, “silver has doubled since late August. It's gone up about 45% since a small correction at the end of January and all sorts of pundits are claiming that silver is moving from weak hands into strong hands. Silver was up today for the 7th day in a row before collapsing.” (1)

Bob is correct in stating that the price of silver has doubled since late August. For sure this is a monumental rise for anything with a price tag. Also true is silver has made large gains since a small correction at the end of January. Still, when viewed in relation to global food prices—which, in February, were up 61% since their most recent low in December 2008 according to the IMF—as well as an increase in political and economic volatility arisen from global awakening, the silver price does not seem too unreasonable.

In December of 2008, silver had a low of $9.50. From that point, today's silver price has risen about 295%. Through August of 2010 it had risen, since that December 2008 low, about 100%. Assuming the IMF under-reported true spikes in food prices, and that the market crash in the Fall of 2008 suppressed silver prices, the recent gains in silver are certainly intimidating, but can be explained by a number of factors: such as, commodity inflation, investor demand, and the futility of silver manipulation,which we will touch upon shortly.

Moreover, the silver price has barely “collapsed,” as Moriarty claims. $37.30, down from $38.13, is not a collapse with silver reaching the underbelly of $40. The higher the price, the greater the fluctuations. There have been periods recently where silver has moved dramatically downwards and seemed very soft, as happened during the dip in January. Silver, obviously, rebounded to make the gains which brought it to about $38.13 an ounce on 25 March. This is not the month of January, when silver fell from about $30 to about $26.50. To many, these current prices might seem inflated, but old economic paradigms are irrelevant when analyzing new market movements.

For example, in his article, Bob states that “commodities go up and down in a far more random manner than anyone wants to admit.” In turn, I would flip this argument on its head, and submit that, rather, commodities go up and down in a far more controlled manner than anyone wants to admit. Raw market manipulation and speculation in futures markets, just as it does with oil prices, practically dictates gold, and especially, silver prices.

Whereas, heading into the 2011 summer, oil prices are heading upwards based on speculation regarding middle east turmoil and rising demand in developing markets, gold and silver prices have been kept artificially low, by transnational private-public partnerships, so as not to compromise confidence in Federal Reserve Notes. The FRN is a key instrument for“Full Spectrum Dominance” through the demise-of-the-state globalism practiced by keystone transnationals and NATO.

However, with markets quickening their way towards another crash, which will then naturally drive down the prices of commodities, perhaps keystone financial players like JPMorgan and HSBC have thrown in the towel when it comes to manipulating these markets, anticipating a market crash that will do this work for them.

This could partially explain the recent monumental gains in silver. Think of holding a beach-ball under water: the deeper one pushes it under water, the more energy one must exert, and the more momentum the ball will hold once it is let go to rush towards waters' surface. This seems to be what has happened to silver. The more economic capital invested in keeping the price of silver low resulted in more upward momentum once the manipulation ceased or decreased. Hence, the quick, large gains.

Certainly, I believe that the recent gains made in silver might encourage a psychological-top for silver. Many are selling, as these gains seem to good to be true, and there's nothing wrong with a profit. Thus, silver might enter into a period of prolonged consolidation, entailing even a considerable decline in the price down to around $30 or slightly below. To be sure, however, demand for silver as a hedge against inflation and economic warfare might prove to be an enduring support for the price of silver. In other words, the absence of confidence in the ability for the world to avert certain tragedy in the form of wars and economic holocaust will promote a higher silver price; listen to the news.

Bob states that silver may have a couple more days of increases, but the market is tired. He claims that “silver has no more to do with Portugal and their financial problems or nuclear melt down in Japan than it has to do with the price of kitty litter...Hell, half the silver bugs don't know anything about silver, it's the most over rated investment in the universe right now.”

Pet food companies have been struggling with inflation in food prices for the past couple years. Food price rises typically are tied to the increase in the price of commodities like silver. Economic crisis in Portugal could increase physical demand in that country, and then Europe generally, for hedges like silver. Nuclear meltdown in Japan is sure to have ongoing reverberations throughout world markets. In fact, as news rolls in regarding the economic impact of disaster on the world's third largest economy, world markets could see a quickening in their next leg down, as QE programs cannot remedy the economic collapse of Japan, and, in fact, do more damage than good. The week after the earthquake, tsunami, meltdown trifecto, world markets displayed transparent volatility, but rebounded firmly. I think herein lie gains more suspect than those gains made recently in silver.

Furthermore, forthcoming news of the Japanese car industry halting manufacturing will put immense downward pressure on platinum and palladium. Alongside the collapse in prices of these industrial precious metals, gold and silver will rise on momentum from investors, though not industry. (3)

In the near-term, any crisis, like that of 2008, will place downward pressure on precious metals. Silver could drop significantly, but will gain as downward pressure on the USD resumes once investors are done seeking in it a panic safe-haven. If the gains in silver as of late make silver-holders nervous, it might serve them well to ask themselves a simple question: If I exchanged my silver, what would I exchange it for? Certainly FRN's do not offer a promising option. If anything, with gold consolidating between $1,392 and $1,430 for a couple months, maybe exchanging silver for gold anticipating a rise in gold prices and possible consolidation in silver, in the near-term, will do away with the nervousness.

1.Moriarty, Bob. Is Silver Topping, 321 Gold, March 25, 2011

2. Whitehouse, Mark. Numbers of the Week: Food Inflation Foments Political Unrest. Wall Street Journal, March 26, 2011.
http://blogs.wsj.com/economics/2011/03/26/number-of-the-week-food-inflation-foments-political-unrest/
3. Alerigi, Alberto, Jr. GM to assess Japan parts problem in two weeks: CEO. Reuters, March 18 2011
http://www.reuters.com/article/2011/03/18/us-japan-quake-gm-idUSTRE72H7RH20110318