Will history repeat itself?

April 1974, the US abandon the gold standard and giving up fixed exchange rates. Gold price actually did not spike for more than two years later. Gold going from $35 to $180 (5x) then drop back to $120 (3.5x) before going to $650 (18x).

The chart below is the gold price of the last 10 years. This two charts look dangerously similar in the first segment. Suggesting the increase in gold price is only the beginning. The driving factor here are fiscal irresponsibility and corrupt monetary policies.

The following scenarios used historical trends to project the current gold price development. Yes yes, there is no solid technical analysis here or scientific proof. It i just a plain observation that I thought was quite interesting to note.

Scenario One:

With the low of $250. Gold went up to $1000 (4x) before dropping to $750 (3x) and continue to 18x. That would be shine of $5000.

Scenario Two:

With the low of $300, Gold went up to $1450 (5x), which was NOW. Then it might drop to 3.5x = $1050 before going up to 18x = $5800.

Let's see how bad does it get.

15% of American families, 17 Millions, struggle to put food on the table

According to a new USDA study, 85 percent of American households are considered "food secure," meaning that they don't need to regularly worry about putting meals on the dinner table. Unfortunately, that leaves fifteen percent—about 17 million families—who struggle to find enough money to pay for their food. This number of "insecure" households has tripled since 2006 and the number of citizens enrolled in government food programs is now at 25 percent of all Americans. The study, which attributes some of these disconcerting statistics to unemployment due to the lingering recession, was released as the "lame duck" session of Congress begins.

http://www.theatlanticwire.com/opinions/view/opinion/17-Million-American-Families-Struggle-to-Put-Food-on-the-Table-5830

This is only get worse and the mighty Federal Reserve is imposing a invisible inflationary tax on all citizen with $100 billion is being printed every month.

Our Secret Past

How come I didn't learn about this in the history book? did you? May be we will witness a few in our lifetime....

Happy Father's Day

4 years: My Dad can do anything!
7 years: My Dad knows a lot…a whole lot.
15 years: My father does not know quite everything.
18 years: Father is so old-fashioned.
21 years: Oh, that man - he thinks he knows but he doesn't.
25 years: He knows a bit about it, but not much.
30 years: I might find out what Dad thinks about it.
35 years: Before we decide, we will get Dad's idea first.
50 years: What would Dad have thought about that?
60 years: My Dad knew literally everything!
65 years: I wish I could talk it over with Dad.

Credit to Jesse's Cafe Aemricain

Where is the world currency going?

How come i don't see this being in the headline much. Gold reached all time high today breaking its previous resistance back in Nov 09. With the Euro falling in respect to USD. People are glad to see USD gaining ground against what? against junk. Fiat vs fiat currency, all lost to gold! So what's next?

Genius Crow: learning and culture

Learning and culture are something we often only associate with human. If we only observe a bit more, many other mammals also exibit these traits. On top of that, scientists have even documented such behavior in crows.

Through observations, crows have learned to acquire new skills. These new skills are only found in a small community of crows in Tokyo; hence defining a distinct culture within that community. Crows in Japan learned and shared how to utilize traffic patterns to crack nuts and ensure their safety from being run over. Crow in this video figure out a particular skill set to get food through logical reasoning.

Other example of mammal learning and culture includes: Dogs in Moscow learned how to use the subways to find food. A small community of dolphins learned how to clouded water to trap fishes.

Government Ponzi scheme and currency manipulation

The massive Ponzi scheme of all time recorded in human history shall be realized sooner or later. They are these colossal social security guarantee and the federal and state pensions funds.

Definition of Ponzi scheme: A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned.

The people of our generation are obligated to pay into this massive poorly manage funds while having no chance of reaping any return from it. These subsequent investors like us are those will take the 100% lost.

On top of that, the top currency manipulator can be portrait here right on this chart below. The greatest expansion of U.S. dollar has literally skyrocketed from $800B to $2.2T and counting. Almost tripling the monetary based. From a simple economic equation

GDP = V * M where V is velocity of money, and M is monetary based.

V decrease in the recession, but with this massive increase in M, we kept seen a stable grow in GDP. This is a fake, drugged up, steroid-ed injected grow which look great on paper but rotten inside.