Gold and What Mov...
71.1K views | +5 today
Gold and What Moves it.
Tracking all things that relate to and affect the price of gold.
Curated by Hal
Your new post is loading...
Your new post is loading...
Scooped by Hal!

#High gold prices push many Indians to #silver for Diwali

#High gold prices push many Indians to #silver for Diwali | Gold and What Moves it. |

The stable price of silver has Indians investing in the white metal, with investors looking for good returns.


by Shivom Seth:




"It is not just gold that caught the eye of Indian consumers celebrating Diwali. Brisk business in silver was also seen in select parts of the country.


"Given the high price of gold and the Indian government’s new regulation on buying gold and tax deductions at source, the sale of silver items at jewellery shops soared to a new high.


"Silver has proved to be the preferred substitute with most retail buyers this Diwali,'' said Manish Mehta of bullion retailer, D P Zaveri and Sons. ''Customers came in asking for silver coins, corporate gifting products, small utensils to be used at home and for silver items to conduct puja (the ceremony for prayers),'' he added. ..."

No comment yet.
Scooped by Hal!

Turkey Pushes For Gold & Global Gold Production To Plummet

Turkey Pushes For Gold & Global Gold Production To Plummet | Gold and What Moves it. |

Today one of the wealthiest men in the resource space urged people to take very seriously Keith Barron’s warning that global gold production was poised to fall off a cliff. Rick Rule also spoke about comments from Turkey’s leader that gold should be considered when it comes to stabilizing the financial system.


Here is what Rule had to say: “The President of Turkey was speaking in the context of the European Economic Community, reserve currencies and exchange mechanisms, and he asked the assembled political leaders, ‘Why not gold? What’s the matter with gold? Nobody can print gold.’


“It’s interesting to hear this gentleman who is alleged to be an Islamist, come forward and say all of the sensical things that the Western hard money guys would say. By the way, you will never hear me say nice things about a sitting politician, but I would about a guy like him because he took a country that was very debt-ridden, and is now a year away from paying off its external debts.


"This guy is the leader of a nation on the European periphery who is saying these things. ..."

No comment yet.
Scooped by Hal!

Ron Paul's Congressional Farewell Speech - C-SPAN 11/14/2012

To achieve liberty and peace, two powerful human emotions have to be overcome. Number one is "envy" which leads to hate and class warfare. Number two is "int...


This is worth a watch. In full.


hat tip to: ;


Ron Paul's Farewell Address - Full Text
Submitted by Michael Nystrom on Wed, 11/14/2012 - 16:11
By Ron Paul | Delivered on the House Floor, November 14, 2012

Video link here
Farewell to Congress
This may well be the last time I speak on the House Floor. At the end of the year I’ll leave Congress after 23 years in office over a 36 year period. My goals in 1976 were the same as they are today: promote peace and prosperity by a strict adherence to the principles of individual liberty.

It was my opinion, that the course the U.S. embarked on in the latter part of the 20th Century would bring us a major financial crisis and engulf us in a foreign policy that would overextend us and undermine our national security.

To achieve the goals I sought, government would have had to shrink in size and scope, reduce spending, change the monetary system, and reject the unsustainable costs of policing the world and expanding the American Empire.

The problems seemed to be overwhelming and impossible to solve, yet from my view point, just following the constraints placed on the federal government by the Constitution would have been a good place to start.

How Much Did I Accomplish?

In many ways, according to conventional wisdom, my off-and-on career in Congress, from 1976 to 2012, accomplished very little. No named legislation, no named federal buildings or highways—thank goodness. In spite of my efforts, the government has grown exponentially, taxes remain excessive, and the prolific increase of incomprehensible regulations continues. Wars are constant and pursued without Congressional declaration, deficits rise to the sky, poverty is rampant and dependency on the federal government is now worse than any time in our history.

All this with minimal concerns for the deficits and unfunded liabilities that common sense tells us cannot go on much longer. A grand, but never mentioned, bipartisan agreement allows for the well-kept secret that keeps the spending going. One side doesn’t give up one penny on military spending, the other side doesn’t give up one penny on welfare spending, while both sides support the bailouts and subsidies for the banking and corporate elite. And the spending continues as the economy weakens and the downward spiral continues. As the government continues fiddling around, our liberties and our wealth burn in the flames of a foreign policy that makes us less safe.

The major stumbling block to real change in Washington is the total resistance to admitting that the country is broke. This has made compromising, just to agree to increase spending, inevitable since neither side has any intention of cutting spending.

The country and the Congress will remain divisive since there’s no “loot left to divvy up.”

Without this recognition the spenders in Washington will continue the march toward a fiscal cliff much bigger than the one anticipated this coming January.

I have thought a lot about why those of us who believe in liberty, as a solution, have done so poorly in convincing others of its benefits. If liberty is what we claim it is- the principle that protects all personal, social and economic decisions necessary for maximum prosperity and the best chance for peace- it should be an easy sell. Yet, history has shown that the masses have been quite receptive to the promises of authoritarians which are rarely if ever fulfilled.

Authoritarianism vs. Liberty

If authoritarianism leads to poverty and war and less freedom for all individuals and is controlled by rich special interests, the people should be begging for liberty. There certainly was a strong enough sentiment for more freedom at the time of our founding that motivated those who were willing to fight in the revolution against the powerful British government.

During my time in Congress the appetite for liberty has been quite weak; the understanding of its significance negligible. Yet the good news is that compared to 1976 when I first came to Congress, the desire for more freedom and less government in 2012 is much greater and growing, especially in grassroots America. Tens of thousands of teenagers and college age students are, with great enthusiasm, welcoming the message of liberty.

I have a few thoughts as to why the people of a country like ours, once the freest and most prosperous, allowed the conditions to deteriorate to the degree that they have.

Freedom, private property, and enforceable voluntary contracts, generate wealth. In our early history we were very much aware of this. But in the early part of the 20th century our politicians promoted the notion that the tax and monetary systems had to change if we were to involve ourselves in excessive domestic and military spending. That is why Congress gave us the Federal Reserve and the income tax. The majority of Americans and many government officials agreed that sacrificing some liberty was necessary to carry out what some claimed to be “progressive” ideas. Pure democracy became acceptable.

They failed to recognized that what they were doing was exactly opposite of what the colonists were seeking when they broke away from the British.

Some complain that my arguments makes no sense, since great wealth and the standard of living improved for many Americans over the last 100 years, even with these new policies.

But the damage to the market economy, and the currency, has been insidious and steady. It took a long time to consume our wealth, destroy the currency and undermine productivity and get our financial obligations to a point of no return. Confidence sometimes lasts longer than deserved. Most of our wealth today depends on debt.

The wealth that we enjoyed and seemed to be endless, allowed concern for the principle of a free society to be neglected. As long as most people believed the material abundance would last forever, worrying about protecting a competitive productive economy and individual liberty seemed unnecessary.

The Age of Redistribution

This neglect ushered in an age of redistribution of wealth by government kowtowing to any and all special interests, except for those who just wanted to left alone. That is why today money in politics far surpasses money currently going into research and development and productive entrepreneurial efforts.

The material benefits became more important than the understanding and promoting the principles of liberty and a free market. It is good that material abundance is a result of liberty but if materialism is all that we care about, problems are guaranteed.

The crisis arrived because the illusion that wealth and prosperity would last forever has ended. Since it was based on debt and a pretense that debt can be papered over by an out-of-control fiat monetary system, it was doomed to fail. We have ended up with a system that doesn’t produce enough even to finance the debt and no fundamental understanding of why a free society is crucial to reversing these trends.

If this is not recognized, the recovery will linger for a long time. Bigger government, more spending, more debt, more poverty for the middle class, and a more intense scramble by the elite special interests will continue.

We Need an Intellectual Awakening

Without an intellectual awakening, the turning point will be driven by economic law. A dollar crisis will bring the current out-of-control system to its knees.

If it’s not accepted that big government, fiat money, ignoring liberty, central economic planning, welfarism, and warfarism caused our crisis we can expect a continuous and dangerous march toward corporatism and even fascism with even more loss of our liberties. Prosperity for a large middle class though will become an abstract dream.

This continuous move is no different than what we have seen in how our financial crisis of 2008 was handled. Congress first directed, with bipartisan support, bailouts for the wealthy. Then it was the Federal Reserve with its endless quantitative easing. If at first it doesn’t succeed try again; QE1, QE2, and QE3 and with no results we try QE indefinitely—that is until it too fails. There’s a cost to all of this and let me assure you delaying the payment is no longer an option. The rules of the market will extract its pound of flesh and it won’t be pretty.

The current crisis elicits a lot of pessimism. And the pessimism adds to less confidence in the future. The two feed on themselves, making our situation worse.

If the underlying cause of the crisis is not understood we cannot solve our problems. The issues of warfare, welfare, deficits, inflationism, corporatism, bailouts and authoritarianism cannot be ignored. By only expanding these policies we cannot expect good results.

Everyone claims support for freedom. But too often it’s for one’s own freedom and not for others. Too many believe that there must be limits on freedom. They argue that freedom must be directed and managed to achieve fairness and equality thus making it acceptable to curtail, through force, certain liberties.

Some decide what and whose freedoms are to be limited. These are the politicians whose goal in life is power. Their success depends on gaining support from special interests.

No More ‘isms’

The great news is the answer is not to be found in more “isms.” The answers are to be found in more liberty which cost so much less. Under these circumstances spending goes down, wealth production goes up, and the quality of life improves.

Just this recognition—especially if we move in this direction—increases optimism which in itself is beneficial. The follow through with sound policies are required which must be understood and supported by the people.

But there is good evidence that the generation coming of age at the present time is supportive of moving in the direction of more liberty and self-reliance. The more this change in direction and the solutions become known, the quicker will be the return of optimism.

Our job, for those of us who believe that a different system than the one that we have had for the last 100 years, has driven us to this unsustainable crisis, is to be more convincing that there is a wonderful, uncomplicated, and moral system that provides the answers. We had a taste of it in our early history. We need not give up on the notion of advancing this cause.

It worked, but we allowed our leaders to concentrate on the material abundance that freedom generates, while ignoring freedom itself. Now we have neither, but the door is open, out of necessity, for an answer. The answer available is based on the Constitution, individual liberty and prohibiting the use of government force to provide privileges and benefits to all special interests.

After over 100 years we face a society quite different from the one that was intended by the Founders. In many ways their efforts to protect future generations with the Constitution from this danger has failed. Skeptics, at the time the Constitution was written in 1787, warned us of today’s possible outcome. The insidious nature of the erosion of our liberties and the reassurance our great abundance gave us, allowed the process to evolve into the dangerous period in which we now live.

Dependency on Government Largesse

Today we face a dependency on government largesse for almost every need. Our liberties are restricted and government operates outside the rule of law, protecting and rewarding those who buy or coerce government into satisfying their demands. Here are a few examples:

Undeclared wars are commonplace.
Welfare for the rich and poor is considered an entitlement.
The economy is overregulated, overtaxed and grossly distorted by a deeply flawed monetary system.
Debt is growing exponentially.
The Patriot Act and FISA legislation passed without much debate have resulted in a steady erosion of our 4th Amendment rights.
Tragically our government engages in preemptive war, otherwise known as aggression, with no complaints from the American people.
The drone warfare we are pursuing worldwide is destined to end badly for us as the hatred builds for innocent lives lost and the international laws flaunted. Once we are financially weakened and militarily challenged, there will be a lot resentment thrown our way.
It’s now the law of the land that the military can arrest American citizens, hold them indefinitely, without charges or a trial.
Rampant hostility toward free trade is supported by a large number in Washington.
Supporters of sanctions, currency manipulation and WTO trade retaliation, call the true free traders “isolationists.”
Sanctions are used to punish countries that don’t follow our orders.
Bailouts and guarantees for all kinds of misbehavior are routine.
Central economic planning through monetary policy, regulations and legislative mandates has been an acceptable policy.

Excessive government has created such a mess it prompts many questions:

Why are sick people who use medical marijuana put in prison?
Why does the federal government restrict the drinking of raw milk?
Why can’t Americans manufacturer rope and other products from hemp?
Why are Americans not allowed to use gold and silver as legal tender as mandated by the Constitution?
Why is Germany concerned enough to consider repatriating their gold held by the FED for her in New York? Is it that the trust in the U.S. and dollar supremacy beginning to wane?
Why do our political leaders believe it’s unnecessary to thoroughly audit our own gold?
Why can’t Americans decide which type of light bulbs they can buy?
Why is the TSA permitted to abuse the rights of any American traveling by air?
Why should there be mandatory sentences—even up to life for crimes without victims—as our drug laws require?
Why have we allowed the federal government to regulate commodes in our homes?
Why is it political suicide for anyone to criticize AIPAC ?
Why haven’t we given up on the drug war since it’s an obvious failure and violates the people’s rights? Has nobody noticed that the authorities can’t even keep drugs out of the prisons? How can making our entire society a prison solve the problem?
Why do we sacrifice so much getting needlessly involved in border disputes and civil strife around the world and ignore the root cause of the most deadly border in the world-the one between Mexico and the US?
Why does Congress willingly give up its prerogatives to the Executive Branch?
Why does changing the party in power never change policy? Could it be that the views of both parties are essentially the same?
Why did the big banks, the large corporations, and foreign banks and foreign central banks get bailed out in 2008 and the middle class lost their jobs and their homes?
Why do so many in the government and the federal officials believe that creating money out of thin air creates wealth?
Why do so many accept the deeply flawed principle that government bureaucrats and politicians can protect us from ourselves without totally destroying the principle of liberty?
Why can’t people understand that war always destroys wealth and liberty?
Why is there so little concern for the Executive Order that gives the President authority to establish a “kill list,” including American citizens, of those targeted for assassination?
Why is patriotism thought to be blind loyalty to the government and the politicians who run it, rather than loyalty to the principles of liberty and support for the people? Real patriotism is a willingness to challenge the government when it’s wrong.
Why is it is claimed that if people won’t or can’t take care of their own needs, that people in government can do it for them?
Why did we ever give the government a safe haven for initiating violence against the people?
Why do some members defend free markets, but not civil liberties?
Why do some members defend civil liberties but not free markets? Aren’t they the same?
Why don’t more defend both economic liberty and personal liberty?
Why are there not more individuals who seek to intellectually influence others to bring about positive changes than those who seek power to force others to obey their commands?
Why does the use of religion to support a social gospel and preemptive wars, both of which requires authoritarians to use violence, or the threat of violence, go unchallenged? Aggression and forced redistribution of wealth has nothing to do with the teachings of the world great religions.
Why do we allow the government and the Federal Reserve to disseminate false information dealing with both economic and foreign policy?
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority?
Why should anyone be surprised that Congress has no credibility, since there’s such a disconnect between what politicians say and what they do?
Is there any explanation for all the deception, the unhappiness, the fear of the future, the loss of confidence in our leaders, the distrust, the anger and frustration? Yes there is, and there’s a way to reverse these attitudes. The negative perceptions are logical and a consequence of bad policies bringing about our problems. Identification of the problems and recognizing the cause allow the proper changes to come easy.
Trust Yourself, Not the Government

Too many people have for too long placed too much confidence and trust in government and not enough in themselves. Fortunately, many are now becoming aware of the seriousness of the gross mistakes of the past several decades. The blame is shared by both political parties. Many Americans now are demanding to hear the plain truth of things and want the demagoguing to stop. Without this first step, solutions are impossible.

Seeking the truth and finding the answers in liberty and self-reliance promotes the optimism necessary for restoring prosperity. The task is not that difficult if politics doesn’t get in the way.

We have allowed ourselves to get into such a mess for various reasons.

Politicians deceive themselves as to how wealth is produced. Excessive confidence is placed in the judgment of politicians and bureaucrats. This replaces the confidence in a free society. Too many in high places of authority became convinced that only they, armed with arbitrary government power, can bring about fairness, while facilitating wealth production. This always proves to be a utopian dream and destroys wealth and liberty. It impoverishes the people and rewards the special interests who end up controlling both political parties.

It’s no surprise then that much of what goes on in Washington is driven by aggressive partisanship and power seeking, with philosophic differences being minor.

Economic Ignorance

Economic ignorance is commonplace. Keynesianism continues to thrive, although today it is facing healthy and enthusiastic rebuttals. Believers in military Keynesianism and domestic Keynesianism continue to desperately promote their failed policies, as the economy languishes in a deep slumber.

Supporters of all government edicts use humanitarian arguments to justify them.

Humanitarian arguments are always used to justify government mandates related to the economy, monetary policy, foreign policy, and personal liberty. This is on purpose to make it more difficult to challenge. But, initiating violence for humanitarian reasons is still violence. Good intentions are no excuse and are just as harmful as when people use force with bad intentions. The results are always negative.

The immoral use of force is the source of man’s political problems. Sadly, many religious groups, secular organizations, and psychopathic authoritarians endorse government initiated force to change the world. Even when the desired goals are well-intentioned—or especially when well-intentioned—the results are dismal. The good results sought never materialize. The new problems created require even more government force as a solution. The net result is institutionalizing government initiated violence and morally justifying it on humanitarian grounds.

This is the same fundamental reason our government uses force for invading other countries at will, central economic planning at home, and the regulation of personal liberty and habits of our citizens.

It is rather strange, that unless one has a criminal mind and no respect for other people and their property, no one claims it’s permissible to go into one’s neighbor’s house and tell them how to behave, what they can eat, smoke and drink or how to spend their money.

Yet, rarely is it asked why it is morally acceptable that a stranger with a badge and a gun can do the same thing in the name of law and order. Any resistance is met with brute force, fines, taxes, arrests, and even imprisonment. This is done more frequently every day without a proper search warrant.

No Government Monopoly over Initiating Violence

Restraining aggressive behavior is one thing, but legalizing a government monopoly for initiating aggression can only lead to exhausting liberty associated with chaos, anger and the breakdown of civil society. Permitting such authority and expecting saintly behavior from the bureaucrats and the politicians is a pipe dream. We now have a standing army of armed bureaucrats in the TSA, CIA, FBI, Fish and Wildlife, FEMA, IRS, Corp of Engineers, etc. numbering over 100,000. Citizens are guilty until proven innocent in the unconstitutional administrative courts.

Government in a free society should have no authority to meddle in social activities or the economic transactions of individuals. Nor should government meddle in the affairs of other nations. All things peaceful, even when controversial, should be permitted.

We must reject the notion of prior restraint in economic activity just we do in the area of free speech and religious liberty. But even in these areas government is starting to use a backdoor approach of political correctness to regulate speech-a dangerous trend. Since 9/11 monitoring speech on the internet is now a problem since warrants are no longer required.

The Proliferation of Federal Crimes

The Constitution established four federal crimes. Today the experts can’t even agree on how many federal crimes are now on the books—they number into the thousands. No one person can comprehend the enormity of the legal system—especially the tax code. Due to the ill-advised drug war and the endless federal expansion of the criminal code we have over 6 million people under correctional suspension, more than the Soviets ever had, and more than any other nation today, including China. I don’t understand the complacency of the Congress and the willingness to continue their obsession with passing more Federal laws. Mandatory sentencing laws associated with drug laws have compounded our prison problems.

The federal register is now 75,000 pages long and the tax code has 72,000 pages, and expands every year. When will the people start shouting, “enough is enough,” and demand Congress cease and desist.

Achieving Liberty

Liberty can only be achieved when government is denied the aggressive use of force. If one seeks liberty, a precise type of government is needed. To achieve it, more than lip service is required.

Two choices are available.

1. A government designed to protect liberty—a natural right—as its sole objective. The people are expected to care for themselves and reject the use of any force for interfering with another person’s liberty. Government is given a strictly limited authority to enforce contracts, property ownership, settle disputes, and defend against foreign aggression.

2. A government that pretends to protect liberty but is granted power to arbitrarily use force over the people and foreign nations. Though the grant of power many times is meant to be small and limited, it inevitably metastasizes into an omnipotent political cancer. This is the problem for which the world has suffered throughout the ages. Though meant to be limited it nevertheless is a 100% sacrifice of a principle that would-be-tyrants find irresistible. It is used vigorously—though incrementally and insidiously. Granting power to government officials always proves the adage that: “power corrupts.”

Once government gets a limited concession for the use of force to mold people habits and plan the economy, it causes a steady move toward tyrannical government. Only a revolutionary spirit can reverse the process and deny to the government this arbitrary use of aggression. There’s no in-between. Sacrificing a little liberty for imaginary safety always ends badly.

Today’s mess is a result of Americans accepting option #2, even though the Founders attempted to give us Option #1.

The results are not good. As our liberties have been eroded our wealth has been consumed. The wealth we see today is based on debt and a foolish willingness on the part of foreigners to take our dollars for goods and services. They then loan them back to us to perpetuate our debt system. It’s amazing that it has worked for this long but the impasse in Washington, in solving our problems indicate that many are starting to understand the seriousness of the world -wide debt crisis and the dangers we face. The longer this process continues the harsher the outcome will be.

The Financial Crisis Is a Moral Crisis

Many are now acknowledging that a financial crisis looms but few understand it’s, in reality, a moral crisis. It’s the moral crisis that has allowed our liberties to be undermined and permits the exponential growth of illegal government power. Without a clear understanding of the nature of the crisis it will be difficult to prevent a steady march toward tyranny and the poverty that will accompany it.

Ultimately, the people have to decide which form of government they want; option #1 or option #2. There is no other choice. Claiming there is a choice of a “little” tyranny is like describing pregnancy as a “touch of pregnancy.” It is a myth to believe that a mixture of free markets and government central economic planning is a worthy compromise. What we see today is a result of that type of thinking. And the results speak for themselves.

A Culture of Violence

American now suffers from a culture of violence. It’s easy to reject the initiation of violence against one’s neighbor but it’s ironic that the people arbitrarily and freely anoint government officials with monopoly power to initiate violence against the American people—practically at will.

Because it’s the government that initiates force, most people accept it as being legitimate. Those who exert the force have no sense of guilt. It is believed by too many that governments are morally justified in initiating force supposedly to “do good.” They incorrectly believe that this authority has come from the “consent of the people.” The minority, or victims of government violence never consented to suffer the abuse of government mandates, even when dictated by the majority. Victims of TSA excesses never consented to this abuse.

This attitude has given us a policy of initiating war to “do good,” as well. It is claimed that war, to prevent war for noble purposes, is justified. This is similar to what we were once told that: “destroying a village to save a village” was justified. It was said by a US Secretary of State that the loss of 500,000 Iraqis, mostly children, in the 1990s, as a result of American bombs and sanctions, was “worth it” to achieve the “good” we brought to the Iraqi people. And look at the mess that Iraq is in today.

Government use of force to mold social and economic behavior at home and abroad has justified individuals using force on their own terms. The fact that violence by government is seen as morally justified, is the reason why violence will increase when the big financial crisis hits and becomes a political crisis as well.

First, we recognize that individuals shouldn’t initiate violence, then we give the authority to government. Eventually, the immoral use of government violence, when things goes badly, will be used to justify an individual’s “right” to do the same thing. Neither the government nor individuals have the moral right to initiate violence against another yet we are moving toward the day when both will claim this authority. If this cycle is not reversed society will break down.

When needs are pressing, conditions deteriorate and rights become relative to the demands and the whims of the majority. It’s then not a great leap for individuals to take it upon themselves to use violence to get what they claim is theirs. As the economy deteriorates and the wealth discrepancies increase—as are already occurring— violence increases as those in need take it in their own hands to get what they believe is theirs. They will not wait for a government rescue program.

When government officials wield power over others to bail out the special interests, even with disastrous results to the average citizen, they feel no guilt for the harm they do. Those who take us into undeclared wars with many casualties resulting, never lose sleep over the death and destruction their bad decisions caused. They are convinced that what they do is morally justified, and the fact that many suffer just can’t be helped.

When the street criminals do the same thing, they too have no remorse, believing they are only taking what is rightfully theirs. All moral standards become relative. Whether it’s bailouts, privileges, government subsidies or benefits for some from inflating a currency, it’s all part of a process justified by a philosophy of forced redistribution of wealth. Violence, or a threat of such, is the instrument required and unfortunately is of little concern of most members of Congress.

Some argue it’s only a matter of “fairness” that those in need are cared for. There are two problems with this. First, the principle is used to provide a greater amount of benefits to the rich than the poor. Second, no one seems to be concerned about whether or not it’s fair to those who end up paying for the benefits. The costs are usually placed on the backs of the middle class and are hidden from the public eye. Too many people believe government handouts are free, like printing money out of thin air, and there is no cost. That deception is coming to an end. The bills are coming due and that’s what the economic slowdown is all about.

Sadly, we have become accustomed to living with the illegitimate use of force by government. It is the tool for telling the people how to live, what to eat and drink, what to read and how to spend their money.

To develop a truly free society, the issue of initiating force must be understood and rejected. Granting to government even a small amount of force is a dangerous concession.

Limiting Government Excesses vs. a Virtuous Moral People

Our Constitution, which was intended to limit government power and abuse, has failed. The Founders warned that a free society depends on a virtuous and moral people. The current crisis reflects that their concerns were justified.

Most politicians and pundits are aware of the problems we face but spend all their time in trying to reform government. The sad part is that the suggested reforms almost always lead to less freedom and the importance of a virtuous and moral people is either ignored, or not understood. The new reforms serve only to further undermine liberty. The compounding effect has given us this steady erosion of liberty and the massive expansion of debt. The real question is: if it is liberty we seek, should most of the emphasis be placed on government reform or trying to understand what “a virtuous and moral people” means and how to promote it. The Constitution has not prevented the people from demanding handouts for both rich and poor in their efforts to reform the government, while ignoring the principles of a free society. All branches of our government today are controlled by individuals who use their power to undermine liberty and enhance the welfare/warfare state-and frequently their own wealth and power.

If the people are unhappy with the government performance it must be recognized that government is merely a reflection of an immoral society that rejected a moral government of constitutional limitations of power and love of freedom.

If this is the problem all the tinkering with thousands of pages of new laws and regulations will do nothing to solve the problem.

It is self-evident that our freedoms have been severely limited and the apparent prosperity we still have, is nothing more than leftover wealth from a previous time. This fictitious wealth based on debt and benefits from a false trust in our currency and credit, will play havoc with our society when the bills come due. This means that the full consequence of our lost liberties is yet to be felt.

But that illusion is now ending. Reversing a downward spiral depends on accepting a new approach.

Expect the rapidly expanding homeschooling movement to play a significant role in the revolutionary reforms needed to build a free society with Constitutional protections. We cannot expect a Federal government controlled school system to provide the intellectual ammunition to combat the dangerous growth of government that threatens our liberties.

The internet will provide the alternative to the government/media complex that controls the news and most political propaganda. This is why it’s essential that the internet remains free of government regulation.

Many of our religious institutions and secular organizations support greater dependency on the state by supporting war, welfare and corporatism and ignore the need for a virtuous people.

I never believed that the world or our country could be made more free by politicians, if the people had no desire for freedom.

Under the current circumstances the most we can hope to achieve in the political process is to use it as a podium to reach the people to alert them of the nature of the crisis and the importance of their need to assume responsibility for themselves, if it is liberty that they truly seek. Without this, a constitutionally protected free society is impossible.

If this is true, our individual goal in life ought to be for us to seek virtue and excellence and recognize that self-esteem and happiness only comes from using one’s natural ability, in the most productive manner possible, according to one’s own talents.

Productivity and creativity are the true source of personal satisfaction. Freedom, and not dependency, provides the environment needed to achieve these goals. Government cannot do this for us; it only gets in the way. When the government gets involved, the goal becomes a bailout or a subsidy and these cannot provide a sense of personal achievement.

Achieving legislative power and political influence should not be our goal. Most of the change, if it is to come, will not come from the politicians, but rather from individuals, family, friends, intellectual leaders and our religious institutions. The solution can only come from rejecting the use of coercion, compulsion, government commands, and aggressive force, to mold social and economic behavior. Without accepting these restraints, inevitably the consensus will be to allow the government to mandate economic equality and obedience to the politicians who gain power and promote an environment that smothers the freedoms of everyone. It is then that the responsible individuals who seek excellence and self-esteem by being self-reliance and productive, become the true victims.


What are the greatest dangers that the American people face today and impede the goal of a free society? There are five.

1. The continuous attack on our civil liberties which threatens

the rule of law and our ability to resist the onrush of tyranny.

2. Violent anti-Americanism that has engulfed the world. Because the phenomenon of “blow-back” is not understood or denied, our foreign policy is destined to keep us involved in many wars that we have no business being in. National bankruptcy and a greater threat to our national security will result.

3. The ease in which we go to war, without a declaration by Congress, but accepting international authority from the UN or NATO even for preemptive wars, otherwise known as aggression.

4. A financial political crisis as a consequence of excessive debt, unfunded liabilities, spending, bailouts, and gross discrepancy in wealth distribution going from the middle class to the rich. The danger of central economic planning, by the Federal Reserve must be understood.

5. World government taking over local and US sovereignty by getting involved in the issues of war, welfare, trade, banking, a world currency, taxes, property ownership, and private ownership of guns.
Happily, there is an answer for these very dangerous trends.

What a wonderful world it would be if everyone accepted the simple moral premise of rejecting all acts of aggression. The retort to such a suggestion is always: it’s too simplistic, too idealistic, impractical, naïve, utopian, dangerous, and unrealistic to strive for such an ideal.

The answer to that is that for thousands of years the acceptance of government force, to rule over the people, at the sacrifice of liberty, was considered moral and the only available option for achieving peace and prosperity.

What could be more utopian than that myth—considering the results especially looking at the state sponsored killing, by nearly every government during the 20th Century, estimated to be in the hundreds of millions. It’s time to reconsider this grant of authority to the state.

No good has ever come from granting monopoly power to the state to use aggression against the people to arbitrarily mold human behavior. Such power, when left unchecked, becomes the seed of an ugly tyranny. This method of governance has been adequately tested, and the results are in: reality dictates we try liberty.

The idealism of non-aggression and rejecting all offensive use of force should be tried. The idealism of government sanctioned violence has been abused throughout history and is the primary source of poverty and war. The theory of a society being based on individual freedom has been around for a long time. It’s time to take a bold step and actually permit it by advancing this cause, rather than taking a step backwards as some would like us to do.

Today the principle of habeas corpus, established when King John signed the Magna Carta in 1215, is under attack. There’s every reason to believe that a renewed effort with the use of the internet that we can instead advance the cause of liberty by spreading an uncensored message that will serve to rein in government authority and challenge the obsession with war and welfare.

What I’m talking about is a system of government guided by the moral principles of peace and tolerance.

The Founders were convinced that a free society could not exist without a moral people. Just writing rules won’t work if the people choose to ignore them. Today the rule of law written in the Constitution has little meaning for most Americans, especially those who work in Washington DC.

Benjamin Franklin claimed “only a virtuous people are capable of freedom.” John Adams concurred: “Our Constitution was made for a moral and religious people. It is wholly inadequate to the government of any other.”

A moral people must reject all violence in an effort to mold people’s beliefs or habits.

A society that boos or ridicules the Golden Rule is not a moral society. All great religions endorse the Golden Rule. The same moral standards that individuals are required to follow should apply to all government officials. They cannot be exempt.

The ultimate solution is not in the hands of the government.

The solution falls on each and every individual, with guidance from family, friends and community.

The #1 responsibility for each of us is to change ourselves with hope that others will follow. This is of greater importance than working on changing the government; that is secondary to promoting a virtuous society. If we can achieve this, then the government will change.

It doesn’t mean that political action or holding office has no value. At times it does nudge policy in the right direction. But what is true is that when seeking office is done for personal aggrandizement, money or power, it becomes useless if not harmful. When political action is taken for the right reasons it’s easy to understand why compromise should be avoided. It also becomes clear why progress is best achieved by working with coalitions, which bring people together, without anyone sacrificing his principles.

Political action, to be truly beneficial, must be directed toward changing the hearts and minds of the people, recognizing that it’s the virtue and morality of the people that allow liberty to flourish.

The Constitution or more laws per se, have no value if the people’s attitudes aren’t changed.

To achieve liberty and peace, two powerful human emotions have to be overcome. Number one is “envy” which leads to hate and class warfare. Number two is “intolerance” which leads to bigoted and judgemental policies. These emotions must be replaced with a much better understanding of love, compassion, tolerance and free market economics. Freedom, when understood, brings people together. When tried, freedom is popular.

The problem we have faced over the years has been that economic interventionists are swayed by envy, whereas social interventionists are swayed by intolerance of habits and lifestyles. The misunderstanding that tolerance is an endorsement of certain activities, motivates many to legislate moral standards which should only be set by individuals making their own choices. Both sides use force to deal with these misplaced emotions. Both are authoritarians. Neither endorses voluntarism. Both views ought to be rejected.

I have come to one firm conviction after these many years of trying to figure out “the plain truth of things.” The best chance for achieving peace and prosperity, for the maximum number of people world-wide, is to pursue the cause of LIBERTY.

If you find this to be a worthwhile message, spread it throughout the land.

No comment yet.
Scooped by Hal!

On Russia Today's 'Capital Account'...CFTC's Chilton Repeats Belief in Silver Market Manipulation - Ed Steer's Gold & Silver Daily

On Russia Today's 'Capital Account'...CFTC's Chilton Repeats Belief in Silver Market Manipulation - Ed Steer's Gold & Silver Daily | Gold and What Moves it. |

Check out the graph that Ed Steer has from Nick Laird, titled, "Annual Chinese Gold Accumulation Since 2000."


"Annual Chinese Gold Accumulation Since 2000"...and as Nick said in his covering e-mail..."At the current rate, China will exceed U.S. gold holdings within 4 years." One of Nick's presumptions when putting this graph together was "that all imports into China came in through Hong Kong." Some day we'll know for sure...maybe." - Ed Steer.

No comment yet.
Scooped by Hal!

Jim’s Mailbox « Jim Sinclair's Mineset

There's an interesting piece on JSMineset from Jim Sinclair and Trader Dan in response to an email from a reader. Click through for the full thing but I had to like, and thus clip, this bit from Jim:

"... Gold will go to $3500 and above. Gold shares as soon as the hedge funds cover will outperform gold.


"I have invested $32,000,000 in my own company and am pleased with what I have done so far.


"The best plan is to make your buys the second gold break out of its power down trend on the French Curve. ..."

No comment yet.
Scooped by Hal!

November 15, 2012: World gold demand slips 11 percent in 3Q; Gold loses lustre for Chinese investors; Four arrested in hijacking of gold and gems from Mariposa museum | JLN Metals

November 15, 2012: World gold demand slips 11 percent in 3Q; Gold loses lustre for Chinese investors; Four arrested in hijacking of gold and gems from Mariposa museum | JLN Metals | Gold and What Moves it. |

by Jeff Bergstrom:


"Global gold demand fell in the third quarter, particularly in China where growth is seen to be slowing and inflation waning, according to a World Gold Council report. The sovereign wealth fund Qatar Holding, the second-largest shareholder in Xstrata after Glencore, said it would support Glencore’s proposed $32 billion takeover of Xstrata less than a week before Xstrata’s shareholders will vote on the deal. The illegal strikes at South African mines... "

No comment yet.
Scooped by Hal!

Jesse's Café Américain: Bart Chilton On Silver Manipulation - Gold and Silver Coiling For a Major Move - The Next Disaster

Jesse's Café Américain: Bart Chilton On Silver Manipulation - Gold and Silver Coiling For a Major Move - The Next Disaster | Gold and What Moves it. |

Jesse's Cafe American writes:


"... I have come to believe that the US government will do nothing effective to reform the gold and silver markets and the equity exchanges until there is a MAJOR dislocation in the markets, and a virtual 'run on the exchange.'


"Change will come after the US financial system is threatened by a major solvency or liquidity event.


"Whether it originates from a failure to deliver in gold and silver markets that exposes them as a highly artificial and overleveraged house of cards, or another 'flash crash' that brings down a major exchange or trading house through counter party failures, I now believe that this sort of failure and scandal is what it will take to bring meaningful reform to this highly unstable Anglo-American financial system. ..."


click over for the video and the rest of the commentary.

No comment yet.
Scooped by Hal!

This Is A Moment In Time That’s Never Been Seen Before

This Is A Moment In Time That’s Never Been Seen Before | Gold and What Moves it. |

Bill Fleckenstein tells King World News:


"... At the margin, incrementally, the world is starting to realize that this is a moment in time that’s never been seen before. The world’s reserve currency is confetti, and the currencies of all the major countries are all confetti. They are not linked to anything.


"We have never seen a moment in time in the world where we are on a confetti standard across the board and I think people are starting to realize what that means. These currencies have no value. Believe it or not, the gold bull market is now 12 years old and it’s still early for people understanding what all this means.”

No comment yet.
Scooped by Hal!

Lear Capital: $3728.26 Gold In 4 Years | Lear Capital Blog

Lear Capital: $3728.26 Gold In 4 Years | Lear Capital Blog | Gold and What Moves it. |

David Engrstrom writes:


"Election day has passed and my phone is ringing off the hook from friends who want to know how the election results will affect the gold price. To all you Inquisitive Cats I say, “The secret may lie in understanding the last 4 years of market and economic activity.”

"September 15, 2008 was the day Lehman Brothers collapsed, hence what I refer to as the day the great recession of 2008 began. It was the largest bankruptcy in the history of the country and served as the impetus to commence money printing. On that day, Gold traded at $790 an ounce.

"The days, months and years to follow saw the passing of the “Troubled Asset Relief Program” (TARP), followed by QE1, QE2, HAMP, HARP, the Twist, Various Refi and MBS purchases, a multitude of stimulus programs to sell more of everything from cars to windows to homes for your new windows and QE3. I wrote that all in one breath so I couldn’t name every stimulus package that was passed. You get the point.

"The bottom line is that each year since, we’ve seen budget deficits in excess of $1 trillion all accommodated by multiple lifts to the debt ceiling. That brings us to today where America lies in two camps. One camp is the “we’re making progress camp.” The other camp is the “we’re in worse shape than before camp.”

"You know which camp you’re in. ..."

No comment yet.
Scooped by Hal!

Switzerland's Metalor to build Gold refinery in Singapore

Switzerland's Gold refiner Metalor Technologies announced plans to build a new gold refinery and bullion product manufacturing plant in Singapore . Singapore.


SINGAPORE(BullionStreet): "Switzerland's Gold refiner Metalor Technologies announced plans to build a new gold refinery and bullion product manufacturing plant in Singapore.


"According to Metalor Technologies CEO Scott Morrison, the new refinery is expected to be completed by the second half of 2013.


"This new refinery will enable Metalor to provide considerable value to its existing customers and serve the growing needs of bullion banks, recyclers and industry users of precious metals in the South East Asia region.


“We are delighted to make this announcement. The construction of a gold refinery in Singapore comes at a time of rising demand for precious metals and is therefore perfectly in line with our development strategy in the Asia-Pacific region”, said Scott Morrison.


"The refinery corresponds to an initial investment of $15 million, using state of the art refining technologies and processes in full compliance with Singapore high environmental standards.... "

No comment yet.
Scooped by Hal!

Twitter / goldseek: Ron Paul: "The deception is ...

No comment yet.
Scooped by Hal!

Some Gold Investors Want Their Own Fort Knox

Some Gold Investors Want Their Own Fort Knox | Gold and What Moves it. |
It’s possible to own gold through an exchange-traded fund, but some investors want the real thing: shiny bars stashed in a vault.


By Paul Sullivan:


"THE last time the world as we knew it seemed likely to end, Dan Tapiero thought about buying gold.


"He didn’t tell his wife; they didn’t talk about things like that. In fact he didn’t tell anyone for a while. He just tried to figure out how he was going to buy physical gold as the financial markets collapsed at the end of 2008.


"Mining stocks were not for him, and neither was buying gold on the futures exchange. That was financial gold, meaning it existed on account statements but was not tangible. He wanted the real thing, gold in the form of bullion that he could hold in his palms, smudge with his thumbs.


"But Mr. Tapiero, a portfolio manager at several hedge funds over the last two decades, realized quite quickly that it was harder to fulfill his desire than he had thought. When he called up one bank he patronized in his day job, he learned it had a minimum purchase amount of $20 million worth of physical gold. Even at that amount, he could not have access to it; it would have to stay at the bank. ..."


The system is broke, folks.

No comment yet.
Scooped by Hal!

#China to boost #Gold reserves under Xi Jingping

According to International Financial Statistics said China's gold reserves have climbed to 1,054 tons after importing 582 tons of the precious metal in the first nine months of this year.


BEIJING(BullionStreet): "As Xi Jingping set to become China's new leader, most analysts said China will definitely boost it's gold reserves under the new leadership and might slowdown processes to globalize yuan.


"They said Xi Jingping clearly knows the situation that the Chinese currency cannot replace the US dollar as global currency even as the dollar remained on the receiving end for most of the last decade.


"Xi Jingping will definitely boost gold and bargain with it for China, they added.


"Meanwhile a top official with China's foreign affairs ministry said country needs to add to its gold reserves to ensure national economic and financial safety. ..."

No comment yet.
Scooped by Hal!

South Africa mine strikes end but tensions persist

South Africa mine strikes end but tensions persist | Gold and What Moves it. |

The last of the illegal strikes ended on Thursday after workers accepted an offer from Anglo American Platinum, the world's top producer of the precious metal.




"The last of a wave of illegal strikes that have swept South Africa's mining sector ended on Thursday after workers accepted an offer from Anglo American Platinum Ltd, the world's top producer of the precious metal.


"South Africa's platinum and gold sectors have been rocked for months by often violent wildcat action, spawned by income disparities and a union turf war for members, and more conflict could be sparked by looming job cuts and wage talks next year.


"The labour unrest has rattled investors in the continent's largest economy and has claimed the lives of over 50 people, including 34 shot dead by police in one incident in ..."

No comment yet.
Scooped by Hal!

Gold rally unlikely until Asian demand sparkles - Clyde Russell

Gold rally unlikely until Asian demand sparkles - Clyde Russell | Gold and What Moves it. |

Reuters market analyst Clyde Russell says a repeat of last year's rally to the record high is unlikely to be repeated in the coming months without physical demand by Asian giants, China and India.


Clyde Russell writes:


"Gold analysts are generally bullish by nature and many have long-running forecasts that bullion is poised to rally through the $2,000 an ounce barrier, but the reality continues to disappoint.


"If analysts were looking for reasons why gold has failed to push on from its all-time high of $1,920.30 an ounce, the World Gold Council's third-quarter report is a good place to start.


"No doubt the gold bugs will point to the fact that third-quarter demand, at 1,084.6 tonnes, was up from the second quarter's 982.2 tonnes and was the first quarterly gain in a year.


"The increase was driven by a jump in demand from exchange-traded funds (ETFs) and from India, but even this wasn't enough to prevent an 11 percent decline from the third quarter of last year.


"The problem for any bullish gold view is that physical demand isn't supportive. ..."

No comment yet.
Scooped by Hal!

Norcini - The World Is Balancing On A Razors Edge

Norcini - The World Is Balancing On A Razors Edge | Gold and What Moves it. |

On the heels of some wild trading in many key global markets, today acclaimed trader Dan Norcini told King World News, “It is a good question for people to be asking themselves, can gold and silver continue to stay firm in the face of weakness in the stock market, as well as the mining shares themselves? There are traders that have been buying gold in anticipation of stronger demand from India during Diwali, which is right around the corner.


“This buying has been helping gold recently. We also had an Israeli strike take place on a Hamas leader yesterday in the Middle-East, which also put a safe haven bid in gold. It is also worth mentioning that we saw some strength in the crude oil market yesterday and this also helped put a bid in the gold market.


"I think the Israeli action in the Middle-East, while it was very small in terms of the operation, it served to remind investors and traders alike that the world is balancing on a razors edge geopolitically. ..."

No comment yet.
Scooped by Hal!

It’s very interesting that silver is holding up better than gold - Greyerz on King World News

It’s very interesting that silver is holding up better than gold - Greyerz on King World News | Gold and What Moves it. |

Egon von Greyerz tells King World News:


"... It’s very interesting that silver is holding up better than gold. Normally, if there is a move down in the metals, silver plunges the most. To me, silver holding up, and this is a sign that we are very near the end of this correction.”

No comment yet.
Scooped by Hal!

Ghana Gold production to hit new high in 2012

Ghana Gold production to hit new high in 2012 | Gold and What Moves it. |
According to the Bank of Ghana, exports of gold amounted to $1.5 billion in the first three months of 2012.


ACCRA(BullionStreet): "West African nation Ghana said it's gold production is likely to hit a new high this year.


"According to Ghana's Natural Resources ministry, production is expected to cross 110 metric ton mark this year from last year's 102 metric tonnes.


"The ministry said an amount of $2.5 billion has been invested in mining in Ghana in the last three years.


"Gold contributed 1 billion Ghanian cedi, representing 27.61 per cent of total collection of the Ghana Revenue Authority in 2011. It also contributed 42 per cent of total merchandise export within the same period.


"According to the Bank of Ghana exports of gold amounted to $1.5 billion in the first three months of 2012 ..."

No comment yet.
Scooped by Hal!

The Golden Truth: It's Getting Ugly

The Golden Truth: It's Getting Ugly | Gold and What Moves it. |

Dave in Denver writes:


"The declining state of the economy, as I've been explaining for a while now, is starting to finally manifest in economic and financial reports. As most of you know, corporate earnings for the 3rd quarter have been pretty dismal, with lots of earnings "misses" occurring.


"Second, the Government released its "income statement" for the month of October, the first month of the Govt's Fiscal Year 2013. It showed a $120 billion deficit, substantially higher than was expected and estimated and higher than October 2012's $98.5 billion. Here's the LINK The Government is saying "technicalities" led to a higher deficit. But the OMB didn't seem to know about those technicalities when it projected a $113 billion deficit a couple of weeks ago. Where were these seasonal "technicalities" last year? I smell an accelerating spending deficit coming, which means more printing! ..."


Click through for the rest and for an insteresting chart.

No comment yet.
Scooped by Hal!

Shorts In Gold Nothing More Than A Few Large Hedge Funds « Jim Sinclair's Mineset

from the desk of Jim Sinclair:


"Most commentators and participants in gold shares are under the assumption that the short interest is made of thousands of hedge funds, from the smallest to the largest. That is totally incorrect.


"The short in gold shares is very concentrated in just a few large hedge funds with a few hangers on. This is why when there is no fundamental reason for selling they are manipulated against the gold price improvement, just like today. This is to play with your emotion.


"The better companies from exploration to development and mining continue to increase their gold assets, knowing they are collecting mined and mineable money.


"We will overcome this multi-year concentrated short on the gold shares that is totally illogical for good companies.


"Respectfully yours, Jim"

No comment yet.
Scooped by Hal!

Fed Could Step Up Bond Buying in 2013: FOMC Minutes

Fed Could Step Up Bond Buying in 2013: FOMC Minutes | Gold and What Moves it. |
A number of Federal Reserve officials thought the U.S. central bank would need to step up asset purchases next year to fill the gap when Operation Twist expires, minutes showed.


Twist again, like we did last Summer. Doda Doda!


I can't help but wonder just how much twisting is possible before the twistee breaks in two.

No comment yet.
Scooped by Hal!

Leeb - This Will Be The Most Frightening Period Of My Lifetime

Leeb - This Will Be The Most Frightening Period Of My Lifetime | Gold and What Moves it. |

Stephen Leeb tells King World News:


"... The Chinese leadership needs to worry about future water, silver, and gold supply needs. On the flip side, a think tank just reported that China has 17 minerals that the West will need. So China has a bit of a monopoly on certain critical materials.


"But China isn’t just going to need gold, silver, and water. They will also need oil. What the IEA is saying is a complete joke. These were the same people that were saying that Saudi Arabia was going to produce 20 million barrels of oil. Now they are saying US oil production will be greater than that of Saudi Arabia by 2020.


"These are crazy times, but yes, China knows they will need gold, silver and oil. There is surprisingly little gold left in this world. There is very little left in the ground. This is one of the major reasons why you see major mining companies having so much trouble with production, even though gold has been in a 12-year uptrend.


"These major just can’t increase production, and increasing capital costs are hurting them as well. This is why I believe gold, silver and the junior mining shares are set to rise dramatically. I think this is especially true for the junior miners because that’s the only place where you can find meaningful supplies of incremental gold. ..."


click through for the rest.

No comment yet.
Scooped by Hal!

Global Gold Production Is Poised To Fall Off A Cliff

Global Gold Production Is Poised To Fall Off A Cliff | Gold and What Moves it. |

Keith Barron tells King World News.


"... I would just like to add that the Barrick CEO just discussed how difficult it is to go out and find gold deposits right now. I have actually given a couple of speeches about this recently. Maybe some of my remarks filtered back to him. I’ve been addressing something I like to call ‘Peak Gold.’


"I think we are just about at ‘Peak Gold’ right now. This is basically the point at which the rate of new gold discovery will start to diminish from here on out. The Western gold companies have not been producing the gold discoveries, but the emergence of China as a producer has temporarily saved the day.


"Over the last five years, China has been the number one producer. ..."


Click through for the rest.

No comment yet.
Scooped by Hal!

Fiscal cliff likely a non-event « Jim Sinclair's Mineset

Fiscal cliff likely a non-event « Jim Sinclair's Mineset | Gold and What Moves it. |

"As Jim suggests below, the fiscal cliff despite all the hype will likely be non-event that affords the invisible hand the opportunity to reposition for the 2013 equity market rally to new highs.


"Nobody can be so irresponsible and crazy that they would walk into this one without at the least a kick of the can down the road in time, Jim Sinclair. ..."

No comment yet.
Scooped by Hal!

Nigel Farage - This Is My Single Greatest Fear

Nigel Farage - This Is My Single Greatest Fear | Gold and What Moves it. |

Nigel Farage tells King World News:


"... I think the biggest worry is that we get some kind of total breakdown of confidence in society. Of trust, in not just the government, but the police force and the army and everything else. I genuinely fear that we are going to see very large scale confrontation in Southern Europe with an awful lot of people getting hurt or killed. That’s my biggest fear.”

No comment yet.