http://peterschiffblog.blogspot.com/2009/12/gold-likely-to-hit-5000-usd.html

I knew I'd seen a report about gold going to 5000 USD. So i went back through some news feeds and found peter schiff's blog post. He's pretty on the money. Check out his blog! There's another report he did that said that 1200 USD oz is cheap!

mothyspace

The Internal Revenue Service sends an auditor to asynagogue.

The auditor is doing all the checks and then turns to the Rabbi,"and says, "I noticed that you buy a lot of candles."

"Yes," answered the Rabbi.

"Well, Rabbi, what do you do with the candledrippings?" he asked.

"A good question," noted the Rabbi. "We actually save them up and when we have enough, we send them back to the candlemaker and every now and then, they send us a free box of candles."

"Oh," replied the auditor somewhat disappointed that his unusual question actually had a practical answer.

"Rabbi, what about all these matzo purchases? What do you do with the crumbs from the matzo?"

I just called the Liberty Conspriacy Hotline, and phone in my commentary on this story.  I just wanted to put up the link to the story, which states that gold is going to be going way up.  Wonder why?  Here my analysis in a future pod.

Here's the story!

I couldn't find any post discussing net neutrality so here we go.

I just wanted to point out that anyone who believes in net neutrality and also locks the front door on their house is a hypocrite. If you have the right to keep your door shut and not allow anyone in that you don't want, then a company has the same right to not allow internet traffic that they don't want. Although I don't believe restricting certain types of web traffic is good business practice; it is none of my business what a company decides to do with their property. If my next door neighbor doesn't let me in their house do I have right to call the police to force him to let me in. Then again the police do reserve that right for themselves.

From Agora Financial 5 Minute Forecast:

The U.S. government is “unlikely to recover” its $80 billion investment in GM and Chrysler, the Government Accountability Office suggested in a report yesterday. The GAO’s latest report claims the two companies would need to grow to a combined market cap of $121 billion for the Treasury (read: taxpayers and Chinese) to break even. No saying how much either company is worth now, as they aren’t publicly traded… but at their peaks, their combined market value was $94 billion.

http://news.bbc.co.uk/1/hi/business/8264774.stm

Sarkozy to press for 'Tobin Tax'

French President Nicolas Sarkozy will urge fellow G20 leaders to introduce a special tax to reduce risky behaviour by banks, the BBC has learned.

Mr Sarkozy wants a levy known as a Tobin Tax to be applied to every financial transaction.

The move is aimed at cutting excessively speculative trades and encouraging long-term decision-making.

But senior EU officials told the BBC that the chances of getting a global agreement were "less than minimal".

Story 1: Happiness: The New Currency In France

http://digg.com/health/Happiness_The_New_Currency_in_France

Story 2: British Unemployment Hits 14-Year High

http://digg.com/business_finance/British_Unemployment_Hits_14_Year_High

Gard, you might like this for your show, even as a sound clip... UK Solution to unemployment:

http://www.youtube.com/watch?v=LVfvYiWcA-E

http://digg.com/music/Muse_Singer_Matt_Bellamy_Speaks_Out_About_File_Sha...

I was looking forward to picking up the new album, but it looks like my money might be better spent with an artist not advocating for more government.

Brown urges G20 to keep spending

 Hope peeps are looking forward to bumper inflation & stagnant growth

Below is an e-mail I got from The Liberty Dollar.  I get these since I am an associate on there mailing list.
The e-mail contained a new service that is out there.  I was really excited to see this.  I have for years wondered why somebody doesn't do this.  A debit card tied to gold or silver reserves.
I did some digging before "Liberty Dollar" sends there next e-mail and found the website of the new service, below is the link.

https://libertygold.co.nz/content/

Since I lost a considerable amount of money in the Liberty dollar raid. I am being very careful about jumping into this.  I will be doing some more research on this.  I will appreciate any help anyone else can give on checking on this.

Roger Barr

£50bn more pumped into economy

 I wonder if its Robert Mugabe who's now head of the British Treasury

Today is Milton Friedman's birthday one of the greatest men of the 20th century in my opinion

If nobody is aware of his work I highly suggest they watch his documentry series Free To Choose

I hope Gard will give him a mention over the weekend ;)

G'day fellas:

Check out my bonza post on climate change. I seem to recall the G-man made a comment a while back ostensibly saying that its ok for private venture capitalists to invest their money in technology for reducing Co2. I'm not sure if ive paraphrased correctly, but it got me thinking about the false paradigmn the debate has constructed on climate and decided to offer my own Third Way.

Not the socialist third way, but the free market third way. Hope you likes! On an unrelated note, I got my stiches out after surgery the other day and can hear again, time to get into catching up on the song v song battle heh. My blog post below:

I recently wrote a column for the Times-News regarding the marketization of the Health Care system. Needless to say, the Socialists came out the woodwork and made numerous comments on the online edition. My favorites were claims that I am being paid off by the insurance companies, or that I must be a Rush Limbaugh fan!  Fellow Conspirators, I call on you to give these people a run for their money! Challenge their socialist beliefs! 

http://www.thetimesnews.com/articles/column-26798-don-healthcare.html

I realize that pointing out the lack of freedom in Venezuela under Chavez is like pointing out that the sun rose in the east today, but this is classic.

I think this story complements some of the points Gard has made regarding government control of the radio spectrum here in the US. 

Chavez eyes handing radio stations to socialists
The Associated Press