Dick Morris & Bill O’Reilly: Economically-Challenged

So glad somebody did this. I saw Dick Morris on Bill O’Reilly’s show, attacking Ron Paul. When he spewed this nonsense about the gold standard I almost lost it, “[Ron Paul] is literally saying the USA economy should only be allowed to grow as much as gold is extracted from the earth”. Such a misinformed, ignorant view of the monetary system.

Via the Young Turks, who credit RonPaulForums.com as assisting.

Silver Short Squeeze: Talking Bears

Some of these vids are a few months old (and somewhat NSFW – language), but their timing/message is that much more telling. There’s something going on in silver.

From this guy.

Disclosure: long silver, gold.

Sometimes The Dwarves Dig Too Deep

Unbelievably large ‘mud volcano’ in Indonesia, almost certainly triggered by drilling 600ft away.

Propaganda video on how the Soviets used nukes to seal out-of-control natural gas well (apparently they did so 3 times, in total).

Sprott on the “Greatest Trade of All Time”

By Kevin Brambough of Sprott Asset Management.

Excerpt: “[fiat currencies] have no inherent value.”. Reminds me of Voltaire’s classic Paper money always returns to its intrinsic value — zero.

0811 the Greatest Trade of All Time-1

Via Zero Hedge and Sprott Management

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