US Dollar Collapse: Fraud exposed - William Black, the former liquidation director who was in charge of investigating the S&L disaster HUI, XAU

Gold is nobody's debt and nobody's obligation - it is the way to go. Otherwise there is Trust in those controlling the currency and FIAT currency is Debt from the moment of issuing. Germany was there and used its currency at one stage just to keep them warm, Zimbabwe was there and now talks about Gold backed currency.

The FIAT currency is as strong as the Trust in the government issuing it, as the Trust in the system supporting it. Watch next video - it will be a good investment:



http://www.market-ticker.org/archives/1338-Sunday-Lesson-Why-Normal-WILL-NOT-Return.html

"That's William Black, the former liquidation director who was in charge of investigating the S&L disaster.
Note that one single bank, IndyMac, lost more money than all of the S&Ls combined.
Folks, the key "take away" here is what is called "control fraud." In order for trust to be restored - that is, in order for markets to function normally, this fraud must be eradicated from the system so that normal levels of business trust can be restored.
It hasn't been.
Nobody is in the dock right now among the big banks."

Fannie Mae FNM and Freddie Mac FRE test of the System and Hedge Fund Dream

If you are still puzzled with last week developments in crises management of these two pillars of housing market in USA controlling over 5 trillion assets, look no further then to our distinguished regulator - SEC: you can continue to sleep assured that everything is under control. While Mr Paulson and Mr Bernanke honestly are making all possible attempts to decide when they are going to bail out the falling agents, somebody is making a huge amount of money based on their true beliefs in the effective markets. They are so successful that you can not stop help thinking that you can smell on the back of your mind so familiar smell...of well used cooking oil.

http://www.faulkingtruth.com/Files/aguirre_congress0623.pdf

We can hardly turn the tide here with our doubts. We can only observe, be alert and try not to get under the freight train. If we make somebody think a bit more and make them better we will be extremely happy. We have sold our PUTs on FRE, banks, GM, AMR, INTC, SMH and will continue to build our strategy on falling USD and rising Gold, Silver and commodities. We still think that with so well managed financial system crash will be prevented with all means in the election year and US Dollar is the only way to make it....something has to give. And by the way folks from Iowa will hardly spend their vacation in Paris this year. System is rotten to the core and markets can be turned on a dime from this oversold short term condition. Even in Bear market rally could be explosive. Take the profit and preserve your capital. Investment strategy is "obvious now" - we will invest in "dimes" - they will need a lot to manage the orderly crash in the Trust and Confidence in the System.

Common Sense against naked short selling. CS

We are joining the fight for the investors' rights for fair play.

Definition http://en.wikipedia.org/wiki/Naked_short_selling

Good summary http://www.stockhouse.com/Community-News/2008/June/2/Naked-short-selling-gets-investors-motivated

Financial Sense http://www.financialsense.com/fsn/main.html Crime of the century.

Stockhouse http://www.stockhouse.com/Groups/GroupInfo.aspx?g=50176

Where it will count we will deploy our knowledge and resources to burn couple of dirty hands in the market.