ENERGY= MONEY, & THE SUPPLY IS PLUNGING

silverdoctors.com / By SRSrocco / January 11, 2013

The one important aspect that the world has not yet grasped… is the decline of NET ENERGY.  ENERGY is what allows the formation or growth of the money supply… whether that be gold & silver or fiat.  Without the growth of energy… you can’t grow your money supply and you can’t PAY HIGH INTEREST EITHER!
In the graph below, we can see the big change coming in NET [...]

WHAT CAUSES HYPERINFLATIONS AND WHY WE HAVE NOT SEEN ONE YET: A FORENSIC EXAMINATION OF DEAD CURRENCIES

from silverdoctors:

Martin Sibileau’s December letter is a MUST READ, and examines what causes hyperinflations, and why one has not occurred yet in the US.

What causes hyperinflations? The answer is: Quasi-fiscal deficits! Why have we not seen hyperinflation yet? Because we have not had quasi-fiscal deficits!

As anticipated in my previous letter, today I want to discuss the topic of high or hyperinflation: What triggers it? Is there a common feature in hyperinflations [...]

CNBC: The S&P 500 less than 1 percent from a four-year high. NYSE short interest is near a five-year peak, which is a decent contrarian indicator.

Could this be the most hated stock market rally in history?  Not only do traders not like the market, the average public doesn’t believe the stock market is rallying.

Yet it is.  The S&P 500 Index [.SPX  1402.14   -0.08  (-0.01%)   ] is up 12.9 percent, one of the best year-to-date performances in a while.

The S&P 500 less than 1 percent from a four-year high.  NYSE short interest is near a five-year peak, which is a decent contrarian [...]

Austria joins Germany in opposing Eurobonds, won’t sacrifice ratings to help France

Bloomberg

Austria’s Finance Minister Maria Fekter said she opposes joint euro-area bonds as they would cost the Alpine republic more interest.

“Like my colleague Schaeuble I am against euro bonds,” Fekter told reporters in Vienna today. “I’m not willing that Austria should potentially pay twice as high interest as we currently do. As long as fiscal discipline of the euro nations isn’t completely complied with, as long as stability isn’t really really [...]

Athens riots video: New round of clashes, stones & tear gas in Greece

Troubled Greece is being crippled by a huge nationwide strike. Hundreds of thousands of workers are protesting ahead of a parliamentary vote on a harsh set of tax hikes and spending cuts. 28 billion euro worth of cuts are needed before the EU agrees to hand Greece another cash bailout. It’s considered to be the country’s last resort to avoid becoming the first Eurozone [...]

Bankrupt Nations Try To Stop The Future From Happening, Fail

From Simon Black of Sovereign Man

Bankrupt Nations Try To Stop The Future From Happening, Fail

Debt is slavery… or at least indentured servitude of the worst kind.  That looming mortgage, the high interest credit card debt, the short-term car loan– these are the forces that keep people from breaking free and taking action.

Ironically, debt begets more debt. According to FinAid, the average US student loan debt for [...]

We Miss Subtle Messages of What Austerity or The Little Things That Weigh So Much and Shine Are Saying… Inflation or Deflation

17. Italy External debt (as % of GDP): 154.6%
16. Greece External debt (as % of GDP): 175.3%
15. Spain External debt (as % of GDP): 184.7%
14. Germany External debt (as % of GDP): 189.4%
13. Finland External debt (as % of GDP): 205.7%
12. Norway External debt (as % of GDP): 208.9%
11. Hong Kong External debt (as % of GDP): 218.8%
10. Portugal External debt (as % of GDP): 231.5%
9. France External debt (as [...]