Alex talks with Michael Shedlock, investment advisor representative for SitkaPacific Capital Management. Shedlock wrote recently on his blog that mortgage delinquency rates more than doubled in the first quarter from a year earlier.
http://globaleconomicanalysis.blogspot.com/
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an et management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit Sitka Pacific’s Account Management Page to learn more about wealth management and capital preservation strategies of Sitka Pacific.
You are currently viewing my global economics blog which typically has commentary every day of the week. I am also a contributing “professor” on Minyanville, a community site focused on economic and financial education.
Every Thursday I do a podcast on HoweStreet and on an ad hoc basis contribute to many other sites.
When not writing about stocks or the economy I spend a great deal of time on photography and in the garden. I have over 80 magazine and book cover credits. Some of my Wisconsin and gardening images can be seen at MichaelShedlock.com.
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Duration : 0:6:39
25 Responses to “Michael Shedlock on The Alex Jones Show 2/2:Bernanke’s Big Scam”
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Don’t keep playing …
Don’t keep playing the system’s game. don’t restore the old system; it is time for no government at all. global anarchy!
Today’s Goldman …
Today’s Goldman Sachs stock price (156.00) is triple the value it was in November ‘08 (52.00). Imagine that.
Wow! I can post on …
Wow! I can post on AJ? Or is it because i made a comment about the chosen people?
Politicians are …
Politicians are whores…
who ALWAYS sacrifice their Principles…. because they actually NEED ..,
MORE Moola, MORE drugs, MORE hookers, LESS Threats from THEIR Pimps.
The n/owo ARE Their Pimps.
Have you ever noticed that these whores and pimps…
Always NEGLECT their OWN familes…
breeding the next generation of bitter pimps and whores.
The United States …
The United States IS a less developed nation.
“knock american …
“knock american heads” — remember that?
The herd dares to speak up?
Perhaps they need a lesson about what slaves are for?
Retards vote for …
Retards vote for retards to be ruled by retards….
haha how do you …
haha how do you stimulate consumers that dont have a job?
its almost like we are being ruled by retards.
those who become uninvolved in politics are destined to be ruled by their inferiors.
-plato
Look at gorilla199s …
Look at gorilla199s videos on alex jones.
gold is worth, what …
gold is worth, what it has always been worth….2,000 years ago…Rome…it was worth a top notch cloak (antiquity’s suit) now it’s worth a top notch suit…go figure….
And the value of …
And the value of gold or silver are not static. You need to take into account the “paper” market where fools believe they have the Gold but instead only have the paper and nothing more. When the COMEX goes bust (and it will), you will see them rise to free market levels. Then you will see a huge panic into PMs because once people see Gold is worth way more than $1000/oz, they will rush into it no matter the value of the dollar.
You are correct to …
You are correct to an exten – That would be the case uming PM prices were not suppressed, however, they are so people buying now will make profits. And even after they raise to free mkt levels, the mere fear will raise the PM prices as well no matter the value of the dollar.
So note, people with PMs now WILL profit off of this depression.
If this was not a crisis, your argument would be 100% correct, however, now, there are other variables to take under consideration
Educate your fellow …
Educate your fellow countrymen, people! We must not let them push us back into serfdom! By owning our monetary system, they threaten to be the sole owners of the product of our labor! We’ve come so far in the last hundred years in the name of liberty and progress to let the collapsing of our purchasing power take it away! Spread the message, everyone! Our government must know that we’re willing to revolt if they degenerate this system any further! We need Austrian economics governing our lives.
They are doing to …
They are doing to the USA what they do with everything. Build you up and sweet talk you, then demonize you and destroy you. Lie to you. Tell you to buy, buy, then tell you that you are spoiled and selfish., and take eveything away. They do it to up and coming stars. build them up and then destroy them. They do this in every area they are involved in.
The United States …
The United States is going to become a less developed nation.
They could have …
They could have paid off my car.
“”The Banks don’t …
“”The Banks don’t want hyper-inflation, they want to be paid back with money that is worth something.” – No, under a hyper-inflation situation legislation is passed to revalue people’s debts into the replacement currency. The banks WILL get their money no matter what happens.”
Exactly like the banks have a worry in the world.
I get tired of …
I get tired of hearing the same nonsense:
“Bernancke is clueless” – No, he’s following the game plan to collapse the US, so it will have no choice to join a Global Government.
“The Banks don’t want hyper-inflation, they want to be paid back with money that is worth something.” – No, under a hyper-inflation situation legislation is passed to revalue people’s debts into the replacement currency. The banks WILL get their money no matter what happens.
“When a government …
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.”
- Napoleon Bonaparte, 1815
Once you understand this quote, you will understand the government is irrelevant at this point. The FED is the frontman for the Bankster “bust out” of America.
RIGHT ON!
RIGHT ON!
Peter Schiff for …
Peter Schiff for Senate — running against corrupt banking chairman Chris Dodd
they know exactly …
they know exactly what they are doing.
This is designed…
What recovery?
ron paul for …
ron paul for president / ross perot /secretary of treasury / lets just run america like a banker bisness and maybe we willl be out of debt instantly
the hebrides
the hebrides
gold prices are …
gold prices are about as static as any commodity price could be….if gold prices appear to be going up, then it is actually the value of the currency it is being measured against falling.