http://mellgren.com The Economic Paradigm shift explained – A Look into the Future Wed, 10 Mar 2010 17:32:53 +0000 http://backend.userland.com/rss092 en - Jim Sinclair, March 7th 2010: What is the difference between the State of California and the State of Greece? The State of California is a bigger bankruptcy... The financial industry is at war with Greece. The CDS-attack (Credit Default Swaps, an off-the-counter derivative) is a nuclear financial attack on Greece. Very ... http://mellgren.com/2010/03/10/jim-sinclair-great-civilization-change/ Today Bloomberg quoted Romano Prodi, the former European Commission President and the former Italian prime minister: “For Greece, the problem is completely over." “I don’t see any other case now in Europe. I don’t think there is any reason to think the euro system will collapse or will suffer greatly because of ... http://mellgren.com/2010/03/10/prodi-problem-over-for-greece/ I got a question from a friend today and I thought I'd share it with you here on my blog: Question: The value of the dollar has gone up recently and it seems to be holding steady. Why is that so? My short answer is this: First, the derivatives and equities markets are ... http://mellgren.com/2010/03/08/us-dollar-bull-move-of-20082009-explained/ "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, ... http://mellgren.com/2010/03/07/napoleon-bonaparte-on-bankers-and-the-debt-of-nations/ Another great interview by King World News with Harry M. Markopolos on the corruption of Madoff and the SEC. Great insights into the inner workings of the financial reality of today and the collapse and economic and political revolution yet to come. http://mellgren.com/2010/03/04/audio-interview-on-the-corruption-of-madoff-and-the-sec/ Adrian Douglas of GATA.org just released an incredibly well researched article on the current inventory levels of the COMEX for both gold and silver. According to his paper gold inventory levels have decreased by 41% for gold and 24% for silver in just 6 months! At current reported inventory levels ... http://mellgren.com/2010/02/26/comex-gold-inventory-empty-in-85-months/ The Chinese continue to move out of the US fiat paper currency and into real money, gold. India purchased 200 tones last year. As the saying goes "he who owns the gold makes the rules" this furthers the process already in the making for decades - the financial center of ... http://mellgren.com/2010/02/25/china-to-buy-1913-tons-of-imf-gold/ Powerful article on sovereign debt and gold. Here's a quote: Wherever we look at the world economy today, we see a wall of risk…and potential financial catastrophe. We see a large number of virtually bankrupt major sovereign states (US, UK, Spain, Italy, Greece, Japan and many more) teetering atop a financial ... http://mellgren.com/2010/02/24/the-daily-reckoning-on-the-sovereign-debt-disaster/ A smart investor with influence spreads one rumor and does the opposite - that's how markets are played. Like when Nathan Mayer Rothschild took control of the London Stock Exchange in 1815 when he had prior knowledge of the defeat of Napoleon. Here is Max Keiser on George Soros now ... http://mellgren.com/2010/02/23/george-soros-talks-down-gold-then-buys/ Great interview with Marc Faber. FT.com really lets Faber talk in this 4-part interview giving him the chance to go into more depth than he is usually allowed to in F-TV interviews. Video on FT.com http://mellgren.com/2010/02/23/marc-faber-on-qe-inflation-gold-and-equities/