HARDBALL
The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities, states, and nation.
- John F. Hylan, Mayor of New York 1918-1925 |
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MUST-BUY/READ BOOKS
March
1. Dr. T.D Singh
God is A Person – Reflections of Two Nobel Laureates, Charles H . Townes & William D. Phillips
(FF: When my daughter came back from her Odissi dance tour in India, she gave me this book for my 60th birthday. What a thoughtful gift! The majority of the public have a warped sense that scientists are generally anti-religion. It is heartening to read that two Nobel Laureates have put to rest this ridiculous notion. Charles Townes is the inventor of maser and laser and in 2005 won the Templeton Prize and has devoted a large part of his life to promote the convergence of science and religion. Prof William Phillips pioneered laser cooling of atoms and paved the way for scientists to create Bose-Einstein condensation and the atomic clocks, without which Global Positioning System (GPS) would not be possible.
Charles Townes has this to say about God: “God is very personal. He has very personal interactions with us. I think there is continuous interaction between God and this universe, especially with us personally. That is very important to our lives… I believe that and I feel it.”
Prof. William Phillips shares similar sentiments – “I think God wants from us is to have a personal relationship with Him and to have good personal relationships with each other. That is why we are here. The relationship God wants us to have with him is a kind of model… It models for us the kinds of relationships we ought to have with each other.
When I read these words, I was more than inspired. There are so many incredible insights by these two scientific giants in this remarkable book. If only the so-called experts in religion have the humility and understanding of God as shown by the Nobel Laureates, the world would be more peaceful and harmonious. Champions of various faiths, instead of cultivating empathy and understanding, have been sowing discords and hate. It behoves these extremists to read this book so that they may be true to God.
I have read this book three times and I cannot wait for another moment of free time to read it once more. It has given me a new perspective as to how we should conduct ourselves in relation to God and to our neighbours. Get this book now. Contact Bhaktivedanta Institute, Kolkata – Tel/Fax 91-33-2500-9018: 2500-6091
January / February
1. Federick J. Sheehan
Panderer To Power
(FF: In 2007/2008, the Global Financial Tsunami almost collapsed the global financial system. We have yet to recover from that turmoil. The 2nd wave of financial destruction is about to begin. While many writers have pin-pointed the key global banks as the culprits, headed by Goldman Sachs, few have dared identify specific individuals responsible for the financial fiasco. Mr. Sheehan’s immaculate research have established an iron-clad case that Alan Greenspan was one of the key players that nurtured and promoted the various scams that have destroyed the livelihood of millions across the globe.
The mass media promoted Alan Greenspan as a financial genius, but this remarkable book tells a different story. In simple language, Alan Greenspan has been exposed as a scam artist, manipulator, charlatan and as the title of the book suggest, a panderer to power. Bernanke is following Alan Greenspan’s footsteps and we hope that Mr Sheehan will also expose this latter day panderer to power. This is a must read, and will be a classic.
Please read also Greenspan Bubbles which the above author co-wrote with William A. Fleckenstein which was reviewed in 2008. See archives.
2. Jocelyn Hurndall
Defy The Stars
(FF: Having just got back from Gaza and experienced first hand the devastation and cruelty suffered by the Palestinians at the hands of Israel’s war criminals, reading the story of a 21-year old student shot in the head by an Israeli sniper while trying to help a Palestinian child and died nine months later, aroused extreme anger in me. Tom Hurndall was unarmed, yet he was gunned down mercilessly.
The war criminals denied the crime, but the persistent efforts for justice by Tom’s Mother, the author, ensured that Tom did not die in vain. Finally, Israel admitted its culpability. This is a story of the courage of a young man making the ultimate sacrifice, a family’s determination to see that justice is done and the brutality of the Israeli regime. A story told with dignity and compassion. It is also a story about the Palestinians in Gaza, of all the mothers who have lost their sons in sixty years of occupation. Be prepared to stay up all night when you pick up this book.
Read More
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"One who breaks an unjust law must do so openly, lovingly, and with a willingness to accept the penalty. I submit that an individual who breaks a law that conscience tells him is unjust and who willingly accepts the penalty of imprisonment in order to arouse the conscience of the community over its injustice, is in reality expressing the highest respect for law."
- Martin Luther King
Conspiracy Theory or Reality?
"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it."
- President Woodrow Wilson, 28th President of the United States
MUST-READ ARTICLES
Views, Without Fear or Favour
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Casey Daily Dispatch
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Sunday, 21 March 2010 20:00 |
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We’ve aggressively been advising readers to accumulate gold as a portfolio keystone from the very onset of its current secular bull market in 1999.
It has been our thesis, looking at a landscape littered with easy money and out-of-control government spending, that the piper had to be paid – in funny money.
How things have changed from when we were nearly a lone voice in the woods – with the list of institutional gold buyers growing longer with each passing day. Of those institutions, none is more important than the central banks. That’s because, collectively, they are the world’s single largest institutional holders of above-ground gold, and by a wide margin.
During gold’s long bear market hibernation, which lasted from 1980 to June 1999, the central bankers looked upon their gold holdings with something akin to embarrassment, happy to lend it out for small change or to sell some to raise a bit of cash.
Most famously, then-UK Chancellor of the Exchequer Gordon Brown sold off half of Britain’s gold’s reserves, about 12.9 million ounces, almost exactly at the 1999 bottom. The average price of gold in 1999 was $279 per ounce. Today, of course, gold is trading about $846 higher than that.
For years Doug Casey has told anyone who will listen that, in time, as the failures of the fiat system become obvious to all, central bankers would shift from sellers to buyers. Our own Bud Conrad elaborated on that point in an article in our International Speculator, circa September 2005, that I excerpt from just here…
If the central banks were to change course from being sellers to becoming buyers, the change would be dramatic. When might this happen? When the central banks see their own currencies and the reserve currencies they hold (mostly the U.S. dollar) in a persistent downtrend….
…The real source of gold's rise will be the failure of the world's paper currencies at being stores of value. When currency crises force the central banks to stop their gold sales, we will know that the dollar is in serious trouble and prices of all commodities, including gold, will move much higher. Because gold has been held back, it could well jump more.
With that setup, I want to bring an article out of Bloomberg today to your attention…
Central Bank Gold Holdings Expand at Fastest Pace Since 1964
March 18 (Bloomberg) -- Central banks added the most gold to their reserves since 1964 last year amid the longest rally in bullion prices in at least nine decades, data compiled by the World Gold Council show.
Combined holdings rose 425.4 metric tons to 30,116.9 tons, an increase worth $13.3 billion at last year’s average price, according to the data. India, Russia and China said last year they added to reserves. The expansion was the first since 1988, the data from the London-based council show.
Central banks, holding about 18 percent of all gold ever mined, are expanding their holdings for the first time in a generation as investors in exchange-traded funds amass bullion as an alternative to currencies. Holdings in the SPDR Gold Trust, the biggest ETF backed by the metal, are at 1,115.5 tons, more than the holdings of Switzerland.
Now, I don’t take this news as signs that gold is about to blast off to $2,000 overnight. But I do take it as a clear sign that big changes are in the works. With central banks increasingly unwilling to sell and willing to buy, that takes a primary source of supply off the market and puts a hard foundation under the gold market.
And it speaks volumes about their own confidence – or lack thereof – in the fiat money experiment that is starting to spark and fizzle in most concerning ways.
While many of you, certainly those Casey subscribers of any duration, are likely well positioned in gold at this point, it’s not too late for those of you who are new to the sector. There’s no time like the present to beginning regularly buying a coin or two, and to take positions in the gold stocks that will get a lot of attention from the masses as they figure out that we’re headed for a currency crisis.
The best Casey Research service for anyone new to the sector is, hands down, Casey’s Gold & Resource Report. At just $39 a year, your subscription will pay you back many times over
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Jerusalem Post (Middle East News)
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