The Writing Is On The Wall.

Even Rupert Murdoch's Fox Network can read it now.

http://uk.youtube.com/watch?v=nHPSmslIOfc

You are not dreaming. The Main Stream Media talking heads just discussed the possibility of going back on the Gold Standard.

The biggest bubble in the history of the world.

The title of this post might sound like hyperbole, but it isn't. In 1971 America ceased to exchange Federal Reserve Notes for gold to foreign governments at the rate of $35 per troy ounce. The world of total fiat money was born. In the following podcast, Ron Paul explains why this era is drawing to a close.

www.lewrockwell.com/podcast/?p=episode&name=2009-01-27_093_the_biggest_bubble_in_the_history_of_the_world.mp3

Why more inflation won't work.

In the following speech, Ron Paul explains why the Fed's strategy of expanding the money supply will not solve the bust.

http://uk.youtube.com/watch?v=Ss-k2H9ddtI

The west has become addicted to debt financed spending. Like all Junkies, our governments need to come off the drug and hit "rock bottom".

Calling all British Ron Paul supporters

Hi, it's Matt again!

I am pleased that soundmoneyman has taken this blog out of mothballs and got it going again.

However, I know for a blog to be successful, it needs regular updated comment and news, thus I am making this blog a platform for all lovers of freedom, or supporters of Ron Paul.

If you would like to post here from time to time, let me know and I will add you to the authors list.

Cheers


Matt

£200bn to save banks from bad debt.

If the UK government is bailing out the banks...

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4274083/200bn-to-save-banks-from-bad-debt.html

...who is going to bail out the UK government?

Hands off the Isle of Man!

Seems that Brown and Obama are angry with the Isle of Man for its legal tax haven status.

http://www.bloomberg.com/apps/news?pid=20601109&sid=axJDLSVx5h34&refer=home

For as long as punitive taxes exist, people will seek to avoid them.

The bond bubble is an accident waiting to happen.

About as candid an article as one is likely to get from the Mainstream Media.

http://gata.org/node/7085

Trading in gold soars by 60%

Hardly surprising if you are Ron Paul supporter...

http://www.telegraph.co.uk/finance/personalfinance/investing/4227086/Trading-in-gold-soars-by-60pc.html

...but potentially shocking for anyone who isn't.

Shipping Rates Hit Zero

The Telegraph has picked up on the fact that, before long, British supermarket shelves won't be full of consumer goods from China.

http://www.telegraph.co.uk/finance/4229198/Shipping-rates-hit-zero-as-trade-sinks.html

It had to happen sooner or later. Looks like sooner.

Alot has happened to me since Matt's last post.

I discovered Ron Paul, became a libertarian, joined the LPUK and heard the words "credit crunch" enter the language to such an extent that advertisers now use the phrase to suggest that a particular product is suitable for the thrifty or the cash strapped.

Now I'm guest blogging for Matt Davies. While Ron Paul did not secure the 2008 Republican nomination for President of the United States, there is more demand than ever for his message, both in the United States and the world at large. No country has escaped this crisis. It is often claimed that the sky is falling in because individuals and institutions can no longer borrow as much as they did previously.

Since when did borrowing become the source of prosperity? Government has grown to monstrous proportions and the British public were not aware of it. Now that the bills are coming due, our awareness is developing.