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Friday, October 31, 2014

Homeschooling grows as parents' satisfaction with public schools continues to fall

Next step will be for parents resistance to paying school taxes.

October 31, 2014

Bob Kellogg

Bob Kellogg is a freelance journalist. His work regularly appears on OneNewsNow.com.

WASHINGTON, D.C. – Because of the growing problems within public schools that the federal and local governments can’t seem to solve, a steadily growing number of parents are opting for homeschooling as a solution.

Ninety-one percent of parents listed negative government-run school environments as their number one concern. With the rise of school shootings, terrorism, sexual experimentation and bullying, a growing number of parents are making the sacrifices necessary to homeschool their children.

According to the U.S. Department of Education’s National Center for Education Statistics (NCES), there were 850,000 students schooled at home in 1999, the year they first conducted a survey. Today that number has grown to about two million, according to J. Michael Smith, president of the Home School Legal Defense Association (HSLDA). Smith says the growth rate is about five to 10 percent a year, even during tough economic times.

Other reasons given in the NCES reports: 77 percent expressed a desire to give their children better moral instruction, 74 percent expressed dissatisfaction with the academics at government-run schools.

One of the more unusual reasons that he’s seeing more of, Smith says, is that there are more of a specialty group of kids that have some sort of gift.

“Maybe it’s an Olympic-type event they can compete in, something to that extent. And they see that homeschooling provides them the flexibility so they can really develop their gifts and talents.”

It’s also on the rise because more people are realizing the advantages of homeschooling. He says 20 years ago people just weren’t aware of homeschooling. Or if they did know about it, they would have thought it was a crazy idea and wonder why anyone would want to do that. Some even considered it child abuse.

Among homeschooled students, 68 percent are white, 15 percent are Hispanic, 8 percent are black and 4 percent are Asian or Pacific Islander. But the number of minority parents choosing to homeschool is rising.

Smith says he knows that from surveys that have not yet been published. And he says it’s for many of the same reasons as for white parents. He says many minority parents believe they have been let down by public schools and they’re trying to create a better atmosphere for their children at home.

Another reason parents are pulling their children out of public schools is because of the growing controversy surrounding implementation of the Common Core national standards initiative. Smith says they don’t want a top-down program from the federal government  basically telling state legislators and local school districts how they are to teach children.

Critics argue that homeschooled children will be socially handicapped and unable to adapt to real-life situations. In ‘Growing without Schooling,’ Pat Farenga, a leading advocate in the homeschooling movement, writes:

Certainly group experiences are a big part of education, and homeschoolers have plenty of them. Homeschoolers write to us about how they form or join writing clubs, book discussion groups, and local homeschooling support groups. Homeschoolers also take part in school sports teams and music groups, as well as the many public and private group activities our communities provide…. Homeschoolers can and do experience other people and cultures without going to school (1993).

Those who believe in homeschooling believe six to eight hours of extra social and community activities after school and on the weekends is too much. And, as reported in Educational Leadership, science proves them right. Behavioral psychologist Urie Brofenbrenner concludes that ‘meaningful human contact’ is best accomplished in environments where there are few people around.

Smith says there are very few parents today who were homeschooled. So those who choose to homeschool can be thought of as ‘pioneers’ because they are entering uncharted territory. He says that can be intimidating. Often, parents don’t feel they’re qualified.

“We like to say that anybody that is somewhat educated, had a fairly decent education or has educated themselves, has an interest in education and has an interest in seeing that their child excel in education would be a good candidate for homeschooling,” Smith said, “because essentially mom and dad have to learn as they go also just like teachers do unless they teach the same subject every year.”

Smith says another argument from critics is the shrinking enrollment at public schools. He says one of the biggest complaints among parents and teachers is that classrooms are overcrowded. He says you’d think that if there are fewer students in public schools, that would help solve the problem of overcrowding. In reality, he says, the biggest objectors are the teachers’ unions, especially the National Education Association. He says one of their main responsibilities is to see that those graduating with a degree in education and a teaching certificate find jobs.

“So if you have less children then there’s less need for teachers. There’s, therefore, less need for the NEA. So this is really a power thing. I don’t think most really honest-minded people who would express themselves in the public school system would complain [because] of less students. It doesn’t make sense.”

One of HSLDA’s biggest concerns is the governmental efforts to increasingly control homeschooling through regulations and legislation. They have lawyers monitoring regulations and proposed legislation in all 50 states that might negatively impact homeschooling.

“Where there appears to be liberty and freedom so children can get an individualized education, tutorial education if you will, students seem to do better. And the test scores indicate that. We believe that’s something we should defend and continue to support. And so that’s what we do.”

HSLDA also works with families that are having specific problems with school districts and officials. The organization has 10 lawyers working full time to help families overcome legal issues and violations of their rights.

Homeschooling may not be for everyone. But Smith says parents who are even thinking about it should check into it because it’s not as overpowering as it seems. Plus, there is a lot of support in the homeschooling community where there wasn’t 20 years ago. Every state has an organization that can provide resources and answers.

To learn more, visit hslda.org.

 

James Madison on Nullification: A Natural Right, not a Mere "Constitutional" Right

Opponents of nullification often claim that James Madison opposed the principle. But they base their arguments on a misreading of Madison’s late writings. While Madison did, in fact, oppose a specific nullification proposal, he never opposed the right to nullify in general.

“Bastardized Version” of Nullification

In current discussions over nullification, a sticking point often exists over James Madison’s view on nullification; specifically his writings about South Carolina’s nullification crisis over tariffs in 1832.

Madison spoke out against the state’s reasoning; it asserted the power to “veto” the tariff, making it legally null and void within the borders of the state.

South Carolina further argued that every other state had to recognize the state action unless a 3/4 said otherwise in convention.  Opponents of nullification have latched onto Madison’s note as a panacea against the those arguing for a far-different form or nullification today.  Yet an important, be it subtle, distinction is present within the Father of the Constitution’s words that spoils their argument.

A Distinction

When Madison wrote about nullification in the 1830s, he repeatedly referred to South Carolina’s “peculiar doctrine,” attacking it specifically, not nullification in general.

He opposed the idea that a state had a right to legally overturn a federal act, rather than simply take actions to block its effect. He also opposed the idea that a single state’s action should bind the other states unless 3/4 of them joined together to refute it. In his later writings, Madison also opposed the South Carolinians’ view that nullification was a “constitutional right,” one given rise from the text of the document.

Opponents ignore this distinction and charge Madison as perpetrating an “attack on nullification“ completely. Presuming nullification has a precise constitutional legal meaning neglects its underlying spirit entirely; this is not the vision Jefferson and Madison had in mind.  When opponents attack what Mike Maharrey calls, this “bastardized version” of nullification, they are doing nothing more than attacking a straw man.

Rejecting South Carolina’s version of nullification, if a state nullifies a federal act today, it does not mean that neighboring states have to approve of that action or even agree. For example, even though Colorado has virtually nullified Federal marijuana laws, this does not mean Nebraska or any other state must recognize the legitimacy of Colorado law. It doesn’t matter. Colorado acts independently.

A Natural Right

Madison continues;

Thus the right of nullification meant by Mr. Jefferson is the natural right, which all admit to be a remedy against insupportable oppression. It cannot be supposed for a moment that Mr. Jefferson would not revolt at the doctrine of South Carolina, that a single state could constitutionally resist a law of the Union while remaining within it, and that with the accession of a small minority of the others, overrule the will of a great majority of the whole, & constitutionally annul the law everywhere. [emphasis added]

This distinction aside, Madison’s explanation of nullification as a “natural right” places it beyond the reach of bureaucrats and the volatile majority.

His mention of a “natural right” is simply short hand for saying, individuals (inherent in our nature) have a right to choose our own ends and, logically, must have the freedom to choose how to achieve them.  Just as plants and animals have a nature about them, so do individuals. Nullification is nothing more than the manner in which we reach our goals.

If the people of the States are denied the right to choose this method, reason would demand, they’ve been relinquished of their natural tendencies.  As Murray Rothbard explains, “violent interference with a man’s…choices is there for profoundly ‘antihuman’; it violates the natural law of man’s needs.”

Lastly, the Ninth Amendment further solidifies this notion; being that our natural rights are numerous, the Framers realized the difficulty of trying to list them all but rather wrote the amendment to encompass all rights not specifically mentioned in the Constitution as off-limits to the Federal Government.

Nullification, as both Madison and Jefferson made clear, is a natural right, which “all admit” is a remedy. The only question left is for you, are you facing “insupportable oppression?” If so, nullification is your rightful remedy.

via 10thACenter

Gotcha

Martin Armstrong: "At What Point Does Revolution Take Place?"

Are Americans Ignorant or victims of Yellow Journalism?

Posted on October 31, 2014 by Martin Armstrong

Reuters has published the result of what is being touted as the Ignorance Index. The one question as an example: “Guess how many U.S. girls aged 15-19 give birth each year. Go ahead, guess. If you calculated the number at 3 percent you’re correct; if you guessed 24 percent, you’re American.”

I rarely watch TV. If I do, it tends to be national news – never local news who seem to think a burning house is news or some guy shot his wife in a domestic dispute. I was at dinner and the TV was on. I could not believe the TV advertisements for the elections. They are all NEGATIVE calling the other a liar or misrepresenting the facts on everything. One said the candidate cut the number of police, made the streets more dangerous and then shows a picture of ISIS and then said she raise taxes. Then the very next advertisement flips and calls the other a liar for something or another. There was ZERO advertisement about anything other than vote for me because I lie less that the other liar.

It seems that the Ignorant Index may be more tied to the bias and lack of integrity of the media. They focus on sensationalism to gain readership and in the process focus of one thing and create false images in the minds of the average person.

A classic issue is immigration and Muslims. Americans, according to the Ignorant Index, “significantly miss the mark on the proportion of the population that is comprised of immigrants, guessing 32 percent against the true number of 13 percent. Americans also overestimate the number of Muslims in the population, 15 percent versus only 1 percent in reality, and underestimate the number of Christians, 56 percent to 78 percent. ”

It seems as if the problem is not that Americans are ignorant, they are being fed nonsense by the media to sell newspaper and TV advertising. We have fallen into a cycle of Yellow Journalism that was begun by Pulitzer. It was Pulitzer who created the Spanish-American War by making up shit to sell newspapers. The famous Pulitzer Prize given by Columbia University is named after the father of Yellow Journalism – go figure!

One good place to start is OUTLAW negative advertising. COMPEL political candidates to state what they stand for rather than calling their opponent a liar. Then if they do not vote for what they profess and knuckle under to party rule, that should be FRAUD and time for a vacation in the “Big House” (Penitentiary named after a place you were supposed to be silent and do penance). We seem to elect people for no reason and then wonder why nothing changes. Obama’s vote for me for real change has been a joke – he kept the same people Bush had in place. This is why polls place politicians at 7% trust factors. The days of Jimmy Carter, Ronald Reagan, and Maggie Thatcher who at least stood for what they believed in regardless of what people thought, are over. They were at least ethical regardless of if you agreed or disagreed with what they stood for in those days.

At what point does revolution take place? It does not appear to be a percentage in our review of history, but the economic trend. In other words, turn the economy down and the percent of discontent rises exponentially. So beware – not ghosts and goblins, but politicians 2015.75-2020. So perhaps Americans will wise up only when the economy turns down and the Internet provides a greater proportion of real news compared to mainstream media. Indeed, the younger generation under 40 rely on the internet and those who subscribe to newspapers or watch the TV news are diminishing rapidly. This in itself will be a dynamic shift that restores freedom of the press and only then perhaps we will see Americans rise in the Ignorance Index.

via ArmstrongEconomics

FBI Holds Secret Meeting To Scare Congress Into Backdooring Phone Encryption

In September, both Apple and Google announced plans to encrypt information on iOS and Android devices by default. Almost immediately, there was a collective freakout by law enforcement types. But, try as they might, these law enforcement folks couldn't paint any realistic scenario of where this would be a serious problem. Sure, they conjured up scenarios, but upon inspection they pretty much all fell apart. Instead, what was clear was that encryption could protect users from people copying information off of phones without permission, and, in fact, the FBI itself recommends you encrypt the data on your phone.

But it didn't stop FBI director James Comey from ignoring the advice of his own agency and pushing for a new law that would create back doors (he called them front doors, but when asked to explain the difference, he admitted that he wasn't "smart enough" to understand the distinction) in such encryption.

So, now, of course, the FBI/DOJ gets to go up to Congress and tell them scary stories about just how necessary breaking encryption would be. And it's being done in total secrecy, because if it was done in public, experts might debunk the claims, like they've done with basically all of the scenarios provided in public to date.

FBI and Justice Department officials met with House staffers this week for a classified briefing on how encryption is hurting police investigations, according to staffers familiar with the meeting. The briefing included Democratic and Republican aides for the House Judiciary and Intelligence Committees, the staffers said. The meeting was held in a classified room, and aides are forbidden from revealing what was discussed.

It's almost guaranteed that someone will introduce some legislation, written primarily by the FBI, pushing for this (such a bill is almost certainly already sitting in some DOJ bureaucrat's desk drawer, so they just need to dot some i's, cross some t's and come up with a silly acronym name for the bill). So far, many in Congress have been outspoken against such a law, but never underestimate the ability of the FBI to mislead Congress with some FUD, leading to all sorts of scare stories about how we need this or we're all going to die.

via Techdirt

90 Pounds of Cocaine Found on Cargo Ship Owned by Senate GOP Minority Leader Mitch McConnell’s Father-in-Law


Mitch McConnell receives $5 million gift from tax evading US citizen

Mitch McConnell, Elaine Chao, and James Chao, Chao’s father,
Senator Mitch McConnell and former Labor Secretary Elaine Chao received a gift valued between $5 and $25 million from McConnell supporter James Chao, according to a June 12, 2009 Politico report.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
90 Pounds of Cocaine Found on Cargo Ship Owned by Senate GOP Minority Leader Mitch McConnell’s Father-in-Law

Michael Krieger | Posted Thursday Oct 30, 2014 at 12:06 pm

Though Foremost has played a pivotal role in McConnell's life, bestowing the senator with most of his personal wealth and generating thousands in donations to his campaign committees, the drug bust went unnoticed in Kentucky, where every bit of McConnell-related news has generated fodder for the campaign trail. That's because, like many international shipping companies, Chao's firm is shrouded from public view, concealing its identity and limiting its legal liability through an array of tax shelters and foreign registrations. Registered through a limited liability company in the Marshall Islands, the Ping May flies the Liberian flag.

From the Nation article: Mitch McConnell's Freighted Ties to a Shadowy Shipping Company

Well this is interesting. Particularly with the Senate Minority Leader (and major Republican establishment crony) fighting for his life in the Kentucky Senate race.

From the Nation:
Before the Ping May, a rusty cargo vessel, could disembark from the port of Santa Marta en route to the Netherlands in late August, Colombian inspectors boarded the boat and made a discovery.  

Hidden in the ship's chain locker, amidst its load of coal bound for Europe, were approximately 40 kilograms, or about 90 pounds, of cocaine. A Colombian Coast Guard official told The Nation that there is an ongoing investigation.

The seizure of the narcotics shipment in the Caribbean port occurred far away from Kentucky, the state in which Senator Mitch McConnell is now facing a career-defining election. But the Republican Senate minority leader has the closest of ties to the owner of the Ping May, the vessel containing the illicit materials: the Foremost Maritime Corporation, a firm founded and owned by McConnell's in-laws, the Chao family.

Though Foremost has played a pivotal role in McConnell's life, bestowing the senator with most of his personal wealth and generating thousands in donations to his campaign committees, the drug bust went unnoticed in Kentucky, where every bit of McConnell-related news has generated fodder for the campaign trail. That's because, like many international shipping companies, Chao's firm is shrouded from public view, concealing its identity and limiting its legal liability through an array of tax shelters and foreign registrations. Registered through a limited liability company in the Marshall Islands, the Ping May flies the Liberian flag.

McConnell's ties to the Chaos go back to the late 1980s, when James Chao began donating to the senator. In 1993, McConnell married James's daughter, Elaine Chao, a Republican activist and then-former Reagan administration official who would later serve as Secretary ofLabor in the George W. Bush cabinet. James Chao emigrated to the United States from Taiwan, and founded the Foremost Maritime Corporation upon settling in New York. 

The company has grown significantly over the years, from acting as maritime agent during the Vietnam War to controlling a fleet of approximately 16 dry bulk cargo ships in operation today.

Nothing like a neo-feudal love story to make the eyes well up.

The firm, however, leaves a faint online trace. Foremost's website FMCNY.com is blank. 

Records and court documents obtained by The Nation show that the ownership of the company's vesselswith names such as Ping May, Soya May, Fu May, and Grain Mayis obscured through a byzantine structure of tax entities. Most of Foremost's vessels are flagged in Liberia, which ensures that crew members of Foremost's ships work under Liberia's maritime labor laws, which critics note allow for intimidation in the workplace and few protections for labor unions. In addition, a Liberian "flag of convenience" allows ship owners to pay lower tonnage taxes than ships that fly the U.S. flag. 

Maritime companies have increasingly used the Marshall Islands to register their vessels. The jurisdiction boasts of "no taxation, lax regulation, and no requirements for disclosure of many corporate details—even to the United States government," according to a report in the World Policy Journal.

The recent seizure of cocaine on a Foremost coal ship came as authorities in Colombia have stepped up anti-drug trafficking enforcement in the region. The Nation spoke to Luis Gonzales, an official with the Colombian Coast Guard in Santa Marta, who told us that the Ping May's crew were questioned as part of an ongoing investigation, but that no charges have yet been filed. His team found the cocaine in forty separate packages.

The Republican Senate minority leader's personal wealth grew seven-fold over the last ten years thanks in large part to a gift given to him and his wife in 2008 from James Chao worth between $5 million and $25 million (Senate ethics forms require personal finance disclosures in ranges of amounts, rather than specific figures). The gift helped the McConnells after their stock portfolio dipped in the wake of the financial crisis that year, and ensured they could pay off more than $100,000 in mortgage debt on their Washington home.

The generous gift made McConnell one of the wealthiest members of the Senate, with a net worth averaging around $22.8 million, according to the Washington Post's review of his financial disclosures.

Just in case you didn't think these sorts of relationships have a direct effect on U.S. foreign policy, think again…

The ties between McConnell and his in-laws have come under scrutiny before. In 2001, they were probed in depth by The New Republic in an article that charged that McConnell led an effort to soften his party's criticism of China. Through James Chao, who was a classmate of Jiang Zemin, the president of China in the 90s, McConnell and his wife met with Jiang several times, both in Beijing and in Washington. McConnell subsequently tempered his criticism of Chinese human rights abuses, and broke with hawks like Senator Jesse Helms to support Most Favored Nation trading status with China. 

As Foremost established closer ties with mainland China, McConnell endorsed the position that the United States should remain "ambiguous" about coming to the defense of Taiwan. In 1999, McConnell and his wife appeared at the University of Louisville with Chinese Ambassador Li Zhaoxing. Li used the opportunity to bash congressional leaders for rebuking China over its repression of the Falun Gong religious sect. "Any responsible government will not foster evil propensities of cults by being over-lenient," Li reportedly said at the event with McConnell and Chao. Rather than distance himself from the remarks, McConnell reportedly spoke about his "good working relationship" with Li.

Requests for comment to the McConnell team about the Ping May cocaine incident have gone unanswered.

McConnell has positioned himself over the years as a tough on drugs politician. In 1996, McConnell was the sole sponsor of the Enhanced Marijuana Penalties Act, a bill to increase the mandatory minimum sentencing for those caught with certain amounts of marijuana. Apress release noted that his bill would make "penalties for selling marijuana comparable to those for selling heroin and cocaine."

In recent weeks, McConnell has touted his role in calling for more federal money to be used for drug enforcement.

Readers of Liberty Blitzkrieg will know that I do not think there is such a thing as a "victimless crime," and I am completely against the government led "war on drugs," "war on terrorism" and "war on poverty." Whenever the state declares "war" on something, you naturally get more of it.

All that said, the article above gives voters some important information on McConnell, particularly with regard to how the source of his wealth and his family ties actively impact his policy choices in Washington.

Like the Democratic Party leadership, the Republican Party establishment consists of a cadre of cronies merely trying to enrich themselves. McConnell is a huge part of the problem, and the American public should know more about him.

Don't forget this post from 2012: Senate Leader McConnell Fighting AGAINST Campaign Finance Reform.

In Liberty,
Michael Krieger

Patrick Barron: The End of the US Dollar Imperium, Part 2



Published on Oct 31, 2014


Jeff Deist and Patrick Barron continue their discussion on monetary imperialism. They delve deeper into US dollar supremacy, and how it might end with a whimper instead of a bang; how the Bundesbank is a potential savior for the world monetary order, while the IMF is a paper tiger; how elites will have an increasingly hard time denying gold a role in the global monetary system, and how America’s fiat dollar corrupts cultures as well as economies.

Ephemeral Explanations Drive Gold's Reality

By Staff News & Analysis - October 31, 2014

Gold Sharply Lower in Aftermath of Hawkish FOMC, Rallying Greenback; Silver Sinks to 4-Year Low ... Gold prices ended the U.S. day session sharply lower and hit a three-week low Thursday. Precious metals have been hit hard by a stronger U.S. dollar and a surprisingly hawkish Federal Reserve. Silver prices slumped to a four-year low Thursday. December Comex gold was last down $25.50 at $1,199.40 an ounce. Spot gold was last quoted down $12.40 at $1,199.40. December Comex silver last traded down $0.804 at $16.46 an ounce. – Kitco

Dominant Social Theme: Gold is going lower as the West ascends. Things are pretty good these days.

Free-Market Analysis: We cover gold closely week to week and are ever more astonished at mainstream media reasons given for the travel of the dollar against gold.

For one thing, gold is priced in dollars and while it may seem to be the most natural thing in the world to write "the price of gold," historically speaking, this is a misperception.

Gold has been around likely for tens of thousands of years as commercial enterprise. The fiat dollar has been around for about 100 years and probably will not be around much longer. Gold abides, paper (and increasingly digital money) does not.

Here's more from the article:

After a weak overnight session, gold prices slumped further in late-morning U.S. trading Thursday. Prices fell below what was key near-term chart support at $1,200.00, which triggered fresh chart-based selling, including sell stop orders being hit in the futures market.

A strong advance third-quarter GDP report issued Thursday morning, at up 3.5% on an annual basis, further undermined the safe-haven gold market.

The precious metals were still feeling the ill effects of a hawkish FOMC statement issued Wednesday afternoon. The FOMC statement was deemed surprisingly hawkish on U.S. monetary policy. The Fed ended its monthly bond-buying program (quantitative easing), which was expected. However, the FOMC statement emphasized the improving U.S. economy, which led many to believe U.S. interest rates will be raised in 2015. The majority of traders and investors were looking for a dovish lean from the FOMC statement.

The U.S. dollar index has posted a solid rally in the wake of the FOMC meeting and hit a three-week high Thursday. The greenback is hovering near a four-year high. Meantime, Euro currency prices slumped on the FOMC statement.

There's so much here that is wrong that it is hard to know where to begin. Supposedly, positive GDP estimates frightened gold buyers, but when have such reports ever proven accurate? Certainly not in the past half-decade. Yet gold traders supposedly believe these reports and buy or sell the yellow metal depending on their outcomes.

Second, there was supposedly a "hawkish" FOMC statement from the US Federal Reserve issued on Wednesday. Yet the market had been expecting just this sort of statement for months. Its impact should have been "priced into the market."

We also learn that the greenback is "hovering near a four-year high." Why the dollar should be "high" flummoxes us.

The US is involved in hundreds of wars and skirmishes around the world, the participation of the US electorate in its political system has slumped to an all-time low, there are as many as 100 million US citizens out of work (or working in the black or gray market) and as many as 50 million may rely on food stamps for part of their monthly food costs.

Yet the dollar is "high," presumably based on the success of the US system of capitalism and its prospects in the near term.

As far as we're concerned, the dial of the business cycle is still pointing to the golden bull; the price of gold may go up or down but the state of the economy is a big giveaway that the current fiat-paper boom is, well ... manipulated.

Yes, the value of a paper dollar can indeed be manipulated but the vitality of the larger economy is a good deal harder to fake. Keynes aside, it's extremely difficult if not impossible for government to create "jobs," certainly in the private sector.

Also, as we've pointed out, gold remains under considerable buying pressure in China, India and throughout Asia. In India, given the central government's efforts to suppress the price of gold, gold smuggling has risen dramatically to an estimated 36 tons per year.

How can prices be sinking when the yellow metal is in such demand that smugglers must import it into both India and Pakistan? See The Legal Manipulation of India's War on Gold.

The wars haven't gone away. Central banks still debase currencies by over-printing and many large economies in the West and Asia continue to be threatened with further downturns.

In the face of these undeniable realities, metals traders sell gold and presumably buy the dollar. It is really difficult to fathom.

A number of scenarios come to mind to explain these illogical actions, most of them having to do with manipulation. What is immediately provable, however, is that neither Western economies nor Western currencies are in very good shape.

We know what we would consider regarding the volatility surrounding both gold and silver. We'd buy on the dips. And when it comes to physical purchase, we'd take delivery.

Conclusion

The reality of gold is its current "price." But that may not be its reality in the future ..

via Thedailybell