http://www.infowars.com/yen-hits-15-year-high-vs-dollar/

Yen hits 15-year high vs dollar
                                    
Reuters
September 14, 2010

The dollar hit a 15-year low against the yen on Tuesday, testing Japanese authorities’ resolve to stem the yen’s climb after Prime Minister Naoto Kan won a party leadership vote.
Here are some milestones in the yen’s 138-year history:
1871 – The yen becomes Japan’s currency as part of the Meiji Restoration, which marked the start of Japan’s modernisation and opening to the rest of the world. Japan adopts the gold standard.
1949 – After World War Two the dollar’s fixed rate is set at 360 yen via the Bretton Woods system, partly to help stabilise prices in the Japanese economy.
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1959 – The dollar/yen exchange rate is liberalised. The margin of fluctuation is set at 0.5 percent on either side of its dollar parity.
Read entire article

http://uk.news.yahoo.com/22/20100914/tbs-uk-markets-forex-yen-timeline-366e51d.html

http://www.infowars.com/gold-breaks-psychological-barrier/

Gold Breaks Psychological Barrier
                                    
Kurt Nimmo
Infowars.com
September 23, 2010
Gold has continued its astronomical ascent, reaching a new record-breaking high of $1,300 an ounce today. This is the fourth day of record high gold prices.
Earlier in the week, the precious metal surged after Federal Reserve boss Bernanke said the banksters will provide extra “monetary stimulus” to boost the collapsing economy.

The Fed announced it will manipulate the money supply — i.e., it will crank up the printing machines, known in polite circles as quantitative easing — in a concerted effort to create inflation. The Fed says it is artifically creating inflation in response an unemployment rate that is beginning to rival that of the Great Depression.
Skyrocketing gold prices are “happening for a reason,” writes James Turk, co-author of The Collapse of the Dollar and publisher of the Free Gold Money Report. “The precious metals are sensitive to changes in inflation, both actual as well as future expectations.”
Investors have moved into gold as an alternative to fiat currencies as the global economy continues its engineered collapse. In the second quarter of 2010, all economic indicators were down and gold demand was up 36%.

As Bob Chapman of the International Forecaster notes, over the last 18 months there has been an exodus of funds from the stock market to bonds, gold and silver and commodities. “Why do you think since 1988 our government and those who control our government have suppressed gold and silver prices? Gold is the barometer of fear, the only real currency that owes no one anything. Gold and silver are the antithesis of fiat money. They are the only way to restore order out of chaos,” he writes.
Silver has also reached a new 30-year high. It traded at $21.40 US an ounce, the highest level since the Hunt Brothers attempted to corner the market in the 1980s. Silver has surged 20 per cent in the past month. “Silver has advanced 27 percent this year, outperforming gold, global equities, Treasuries and most industrial metals,” reports Bloomberg.
David Levenstein, a leading expert on investing in precious metals, predicts silver will hit stellar levels over the next year.

“The long awaited break above the former key resistance level of $18.50 gave an extremely positive sign to silver bulls. It gave a clear signal that the price of silver was set to go higher. However, the momentum of the move we have seen in the last few weeks has been more than what I anticipated. The price blew through $19.50 and then $20. It now challenges the $21 level, last seen some 30 months ago. A break through this level would be extremely bullish and I believe we could see prices move towards $30 by the end of 2011,” Levenstein wrote yesterday, before silver reached $21.40 an ounce.

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who knew!

namaste -:)

http://www.infowars.com/credit-collapse-and-the-shadow-banking-system/

Credit Collapse and the Shadow Banking System
                                    
Ellen Brown
Web of Debt
September 27, 2010

While local banks are held in check by the new banking czars in Basel, Wall Street’s “shadow banking system” has hardly been curbed by regulators at all; and it is here that the 2008 credit crisis was actually precipitated. The banking system’s credit machine is systemically flawed and needs a radical overhaul.
On September 13, the Bank for International Settlements issued heightened capital requirements that will make lending even more difficult for local banks, which do most of the consumer and small business lending today. The new rules are ostensibly designed to prevent a repeat of the 2008 credit collapse, but they fail to address its real cause, which involves a “shadow” banking system that has largely escaped regulation.
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What went wrong in September 2008 was not that the existing Basel II capital requirements were too low but that banks found a way around the rules. The Basel II rules base a bank’s capital requirement on how risky its loan book is, and banks can make their books look less risky by buying unregulated “insurance contracts” known as credit default swaps (CDS). This insurance, however, proved to be a fraud, when insurer AIG went bankrupt on September 15, 2008. The credit collapse that followed has normally been blamed on the collapse of the subprime housing market. But according to Yale economist Gary Gorton (whose views were recently embraced by Fed Chairman Ben Bernanke), the subprime problem was not itself sufficient to trigger a global credit freeze. What it did trigger was an old-fashioned bank run, in the not-so-familiar market known as the shadow banking system.
Read entire article

http://www.webofdebt.com/articles/basel3_fail.php

Quote:


Yeah but only relative to the dollar's value..

This was the best comment to that story.

"….For the traitor appears not traitor, he speaks in the accents familiar to his victims, and he wears their face and their garments, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of a city, he infects the body politic so that it can no longer resist. A murderer is less to be feared.” – Cicero, 42 B.C.

one guess -:)

Make your own "Crash JP Morgan Buy Silver" videos showing the silver you have bought to bring down the beast!

www.crashjpmorgan.net

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Help Awaken Youtube!


http://maxkeiser.com/2010/11/12/crash-jp-morgan-buy-silver/

http://earthsociety.org/wordpress/archives/905

JP Morgan Chase has a massive short position on silver – why? Because of their tremendous influence over the markets, their very large short position on silver functions to keep the price of silver artificially low. Why would they do that? Because the bankers are terrified of silver being used as money. If people take back silver (and gold) as a form of money, the banking monopoly over money shall be broken.

Furthermore, because a short position is a leveraged position, if we force the price of silver higher (and it will go much higher as a result of this campaign due to the very scarce nature of silver supplies around the globe), JP Morgan Chase will be forced to cover – to pay up the difference between it’s position and the new price. Again, as short positions are leveraged positions and as silver is in such a limited supply, JP Morgan Chase and any with substantive short positions on silver will be forced to pay, literally, an exponentially higher fee to cover their position. If enough people join in this campaign, we can actually sink JP Morgan Chase and protect ourselves from the ongoing collapse of global currencies and the continuous market manipulations of the global banks.

Given the continual assaults by the global bankers (the real ruling class) upon all of civil society, and given this excellent opportunity to hit back, I urge you to take action. There are now many viral video’s and blogs posting on this and we need more. We need video’s made in other languages as well – so if you speak a language other than English your efforts will be of great importance!! Help yourself and others by studying this issue and get involved. Search, study, blog, and above all, SHARE THIS POST with others.