Nov 252014

Published on Nov 24, 2014

– Will 500oz of silver buy a house? ►0:00
– What is a good exit strategy for a precious metal investor? ►6:53
– Will there be a windfall profit tax on precious metals? ►12:28

Andy Hoffman:

Chris Duane:

 Posted by at 1:00 pm
Nov 252014

NOVEMBER 24, 2014

David WilcockComment by dwilcock on November 25, 2014 @ 12:32 am

It’s not necessarily a good idea to telegraph moves that might be happening. This is a war, and the alliance is content to only allow a very small amount of information out there. It is frustrating that it is taking so long to get results, but we also have to look at this objectively.

So much is happening now with such remarkable stability. The truth is now available to everyone and it is rising exponentially. We can easily fall prey to feeling as if nothing short of a single, epic mega-event is worthy of our attention or feelings of relief.

Yet, it is very obvious that this war is real, and that the Cabal is on the losing side. It is only a matter of time. The whole change has happened far more gradually than I thought it would, but there very well could still be a “moment of truth” at some point.

Instead of fixating on that, I think the best thing we can all do to help is to continue spreading the word and educating people. The faster we wake up, the sooner this will be over and freedom will be restored.

– David

 Posted by at 12:55 pm
Nov 242014

Published on Nov 23, 2014

“You have the choice between owning fiat currency and owning real gold. And I think right now the only thing that’s keeping gold from going ballistic is the false belief that the FED is the lone holdout in this race to the bottom, that the FED is out of the QE business and is going to be raising rates, and when people find out that is wrong and when they find out that we’re going to do more QE than Japan and Europe combined, they’ll realize they’ve jumped out of the frying pan and into the fire.” – Peter Schiff

Peter’s Sites:

 Posted by at 10:31 pm
Nov 242014
 Posted by at 10:04 pm
Nov 242014

Published on Nov 24, 2014

Jason Burack had on returning guest Dominic Frisby to talk about his new book, Bitcoin: The Future of Money?

Dominic Frisby is an actor, comedian, writer for Moneyweek (top investing publication in the UK) and his previous book, Life After the State was a fantastic book.

People can buy his books on Amazon or Audible. Jason Burack of Wall St for Main St has read both books (listening on Audible) and highly recommends both.

To start off the 30+ minute interview, Jason asks Dominic about his views of the gold and silver markets since he’s been investing in precious metals for years and he’s a good technical analyst who also favors the Austrian School of Economics and is Libertarian.

Dominic is not bullish at all on anything precious metals related and he thinks gold will test $1000/oz and silver may drop below $15/oz. Dominic says fundamentals don’t matter right now in the precious metals markets. His views on precious metals are summarized in this article:

Jason and Dominic argue about the future of precious metals. Jason says demand in the real world is rising for silver.

Next, Jason asks Dominic about the future of Bitcoin. Jason and Dominic talk about the growth in mainstream acceptance in Bitcoin by companies like Dell Computer, Paypal, etc and how not just Libertarians are interested in Bitcoin anymore.

Dominic is more bullish on the innovations coming from block chain technology companies disrupting many older industries than the price speculating on Bitcoin.

Dominic thinks it will be difficult for many governments to completely ban or shut down Bitcoin although they will try to increasingly tax and regulate it going forward which may start to slow Bitcoin’s growth and adoption by more mainstream people, bricks and mortar businesses, more eCommerce websites, etc.

Wall St for Main St highly recommends reading or listening to Dominic’s book about Bitcoin as it explains Bitcoin in less complicated technical jargon and tells great stories about the people involved in Bitcoin.

Please visit the Wall St for Main St website here
Follow Jason Burack on Twitter @JasonEBurack
Follow Mo Dawoud on Twitter @m0dawoud
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SUBSCRIBE (It’s FREE!) to “Finance and Liberty” for more ►

 Posted by at 9:52 pm
Nov 242014


A study claims you can tell your heritage from the shape of your feet, so take a look and discover where your ancestors originally came from.

Skeptical? Then here are some facts that can help support the feet shape / roots relation.

Fact 1: Human genome determine several physical factors as skin, hair and eye color, shape of body and limbs, and so many more from baldness to disease tendencies.

Fact 2: Human Morphology is heritage dependent. (anthropometry)

Fact 3: There are other studies that revealed endemic tribal / family characteristics, like lack of fingerprints (adermatoglyphia) E.g.: in an outstanding number of Basque peoples.

Fact 4: We must consider mixed origins, since almost all races have mixed along the past 500 years. Very few and rare are the supposed “pure” lineages.

But that’s not all. There is more to discovering your ancestors origins.

According to author Jane Sheehan who wrote “Let’s read Our Feet” indicates more than your origin.

“It’s all about analyzing the structure and texture and imbalances of the feet to understand someone’s emotions andpersonality,” she says.

“When you are angry, how do you walk? When you are happy, how do you walk? When you are depressed, how do you walk? Each of these emotions has it’s corresponding walk. Over time you can see their impact on the feet.

“Of course, it’s not just about emotions – each of these walks also has a physiological aspect too. But I’m most interested in emotions and personality.”

Ms Sheehan offered this summary to the UK’s The Telegraph .
Long second toe
Indicates leadership qualities. Rulers from ancient Egyptian and Hawaiian royal dynasties all had long second toes. You need to be in charge.

Last joint of third toe at an angle
You have the natural ability to deceive, as well as the propensity to be misunderstood. Frequently to be found in spies.

Extra-small little toe
Denotes a childlike nature, with playful sense of fun.

Second toe on left foot leaning towards big toe
Sign of a sentimental, nostalgic nature. Shared by Hollywood actor Reece Witherspoon.

Little toe pointing at an angle
Denotes unconventional nature. Being able to waggle your little toe indicates restlessness and a need for constant change.


 Posted by at 9:46 pm
Nov 242014


Published on Nov 24, 2014
 Posted by at 9:43 pm
Nov 242014




WASHINGTON — The federal government until recently shielded big banks from criminal prosecution out of concern that convictions may damage the financial system, a top Federal Reserve official said Friday, explicitly acknowledging a policy long denied by the Obama administration.

The admission came during a tense exchange between William Dudley, president of the Federal Reserve Bank of New York, and Sen. Sherrod Brown (D-Ohio) at a Senate Banking Committee hearing meant to explore the cozy relations between federal regulators and the banks they supervise.

Until May, large financial institutions investigated for wrongdoing had dodged criminal prosecution under the Obama administration, despite evidence from federal regulators and prosecutors showing that big banks had, for instance, laundered money for suspected terrorists and drug cartels; manipulated interest rate benchmarks; rigged various commodities markets; mislead investors in mortgage-linked securities; duped homeowners into taking out expensive mortgages; manipulated municipal debt markets; and broke state and federal rules when attempting to seize homes after borrowers fell behind on their payments, a scandal that became known as “robosigning.”

Both Republican and Democratic lawmakers have long suspected that federal prosecutors didn’t pursue guilty pleas because they were afraid the consequences — a potential unraveling of a giant bank — would endanger the global economy. Attorney General Eric Holder suggested that was the case in March 2013, but quickly walked back his comments after a public outcry.

It wasn’t until May that years of persistent criticism eventually gave way to a guilty plea by Credit Suisse, the giant Swiss bank, to allegations it helped thousands of Americans hide their wealth to evade U.S. taxes.

But until Friday, no senior federal official had acknowledged this was explicit U.S. policy.

“We were not willing to find those firms guilty before, because we were worried that if we found them guilty, that could somehow potentially destabilize the financial system,” Dudley said. “We’ve gotten past that and I think it’s really important that we got past that.”

Dudley’s admission was just one of several cringe-worthy exchanges during an hour-long appearance before a committee intent on holding him accountable for regulatory lapses.

Senate Democrats seized on recent news media and government reports that found widespread regulatory failures at the Federal Reserve, specifically at Dudley’s branch in New York. A recent report from the central bank’s inspector general found that the Fed dropped the ball on JPMorgan’s London Whale debacle, which lead to $6.2 billion in losses for the bank. Former New York Fed employee Carmen Segarra also released tapes showing higher-ups at the New York Fed ordering lower-level regulators to go easy on Goldman Sachs.

Sen. Elizabeth Warren (D-Mass.) tore into Dudley over a risky transaction between Goldman and a Spanish bank, Santander, which was designed to help Santander dodge European capital rules. Dudley claimed that he did not know whether he or anyone at the New York Fed had contacted European authorities to inform them of the deal’s intent after waving it through.

WATCH Warren’s exchanges with Dudley in the video above.

Sen. Jeff Merkley (D-Ore.) aggressively questioned Dudley’s claim that the New York Fed had helped end too big to jail with the Credit Suisse case. No human beings are actually in jail for Credit Suisse’s tax evasion scheme — either the Americans who stashed cash in secret, illegal offshore accounts, or the Credit Suisse employees who executed the scheme. The criminal investigation into Credit Suisse, Merkley emphasized, was spurred by a report from Sen. Carl Levin (D-Mich.), not the Fed.

“You’re the regulator,” Merkley said. “Doesn’t that mean you’re asleep at the switch?”

Republicans made things hard on Dudley by not showing up. Only five senators attended the hearing, and one, Sen. Joe Manchin (D-W.Va.), asked no questions. The others — Sens. Brown, Warren, Merkley and Jack Reed (D-R.I.) are bank reform hawks who have long been critical of the Fed’s weak oversight.

Reed opened his questioning by taking issue with the way regional Fed presidents like Dudley are elected, noting that banks have a big say in who ultimately oversees them. Each regional fed board has three classes of directors — one selected by banks, another headed by corporate leaders selected by banks, and a third that is supposed to represent other public interests. The corporate and public interest directors choose the Fed president. Since big banks like Goldman Sachs and JPMorgan Chase select the corporate directors in the New York region, they exercise a great deal of influence over the process. Dudley himself is a former Goldman Sachs banker.

And while Dudley insisted that he had changed the culture of the New York Fed for the better since succeeding Timothy Geithner, who left to serve as treasury secretary, he also pushed back against calls for more aggressive oversight of the banking system. He rejected Warren’s suggestion that the Fed’s bank regulators should function as “the cop on the beat” looking out for misconduct.

“There is an enforcement element to it, but I don’t think our primary purpose as supervisors is really the cop on the beat,” Dudley said. “Now that doesn’t mean that if we see something, we should walk by and ignore it. I don’t think that’s the case at all.”

“You don’t think you should be doing any investigations?” replied an incredulous Warren. “You should wait to see if it jumps in front of you?”

“Because I think our primary focus on supervision is ensuring that the bank is safe and sound, that it’s run well,” Dudley said.

After 90 grueling minutes, the committee let Dudley go.

“Is there a cultural problem at the New York Fed?” Warren asked earlier in the hearing. “I think the evidence suggests that there is. … Either you need to fix it, Mr. Dudley, or we need to get someone who will.”


 Posted by at 3:49 pm