23 July 2012

Goûter en Fin de Soirée: Michael Wood's In Search of Shakespeare



The BBC documentary In Search of Shakespeare by Michael Wood is a little gem. I generally like Michael Wood's videos.
And when it comes to documentaries, the BBC is legendary.

It is in four parts. Here is part one.





Chris Hedges' Appearance in NYC on July 25



Wednesday, July 25 at 7pm - A Conversation on the Economy + Performance by The Civilians

Tickets are $10 at the door. 45 Bleecker Street (at Lafayette Street)
Sam Seder, comedian, writer, actor, director, producer and political talk show host of The Majority Report, moderates a conversation on banks, government, housing crisis & Occupy.

With Pulitzer Prize-winning author Chris Hedges (journalist, author, war correspondent & columnist for Truthdig) Robert Johnson, (Executive Director of the Institute for New Economic Thinking and a Senior Fellow and Director of the Global Finance Project at the Roosevelt Institute), and Patrick Markee (Coalition for the Homeless).

The Civilians, a noted Obie award-winning theater company, will share performances from their Occupy Your Mind grassroots project that is dedicated to collecting the living history of the Occupy movement through interviews and live performances. The Civilians will perform monologues crafted from interviews they conducted with Occupy demonstrators over the year offering a unique glimpse into the personal stories behind this current exercise of democracy that is leaving its mark on our nation’s history. Performers for this event include: Matt Dellapina, Dan Domingues, Erika Rose and Jordan Mahome. Learn more about their LET ME ASCERTAIN YOU quarterly cabaret at: TheCivilians.org

Join Chris Hedges in the lobby after the event, where he’ll be signing copies of his latest book Days of Destruction, Days of Revolt, a collaboration with cartoonist Joe Sacco. This searing on-the-ground report on the crisis gripping underclass America will be available for purchase both before and after the event.

IMPACT 2012 July 25

Gold Daily and Silver Weekly Charts - A War On Silver and Gold


"I believe the origins of the manipulation can be traced to collusive and concentrated short selling for profit by large financial institutions, starting with Drexel Burnham, then on to AIG Trading, Bear Stearns and finally to JPMorgan. These were the firms at war with higher silver prices, which the US Government subsequently joined...

The war has been waged against all silver market participants by a few well-connected financial firms and banks for the purpose of price control. This price control enables JPMorgan and others to capture profits on a variety of derivatives transactions, including COMEX futures and options contracts. This is exactly the same motive that caused Barclays to manipulate LIBOR; interest rates were manipulated for mostly short-term payoffs on derivatives contracts valued by the rates being manipulated. Likewise, JPMorgan and others manipulate the price of silver on the COMEX to capture short term profits on silver derivatives contracts.

An important characteristic of the war on silver is that it is centered in the world of derivatives, as opposed to the actual world of metal production and consumption. The main objective of JPMorgan and the other silver manipulators is to take as much money as possible away from those holding the counterparty and opposite derivatives positions. Nevertheless, all producers and holders of metal are harmed when derivatives manipulation causes silver prices to fall for no legitimate supply/demand explanation, as is a regular feature of the silver market."

Ted Butler, The War On Silver

Paper is their ground, and bullion in hand is ours.

They are strong, monied, influential, unscrupulous, greedy, heartless, and cunning.

But we know what they know and greatly fear, that their success is not based on hard work and true excellence but on deceit, on a fraud, and a mass of falsely valued paper holdings.

The fraud that has propelled them into the ranks of the wealthy has them caught in a trap of their own devices. And they are crawling with fear as the house of cards closes in on them, and may soon turn on themselves. They have no conscience.

Although any help from the regulators would be welcome, we ought not to count on it.   If this job be done, then we must do it ourselves. For they have not declared their war just on monetary assets, but on us, the people, as well.

So we hold our ground, and do not go recklessly into their maze of paper when the turn of advantage comes our way, as it always will.   Stand fast, and let them come to us, onto our own chosen field of hard assets, where we are firmly placed on solid ground, and aware of their treachery and deceit.

And if all goes well, the price they pay will be so great that all may see it, and remember.

Fiat justitia ruat caelum. Let justice be done, though the heaven's fall. 

When I despair, I remember that all through history the ways of truth and love have always won. There have been tyrants, and murderers, and for a time they can seem invincible, but in the end they always fall. Think of it--always.

First they ignore you, then they laugh at you, then they fight you, then you win."

Mohandas K. Gandhi




As a reminder, 25 October is St. Crispin's Day.




SP 500 and NDX Futures Daily Charts



Stocks swooned today, and reached their lows around 10:00 Eastern US time, as fresh concerns about Spain and Greece caused a sell off.

After the European close stocks gained back about half their losses.

I think it might be useful to begin looking at this stock market action as the crooked carnival game that it is.

So really in the short term it means nothing except that the financial mechanisms that are intended to support the real economy are broken.

Washington and Wall Street need to be reformed before there can be any sustained economic recovery. And that is not likely to happen anytime soon.