RLM News Show Podcast Blog – February 12, 2014

These are the links to the stories covered on the RLM News Show
February 12, 2014

Police State Tactics
10 Prison Security Techniques Being Implemented on the American People

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Exchange crash reveals bitcoin’s real-world weakness

Feb. 11 – Yet another mini-crisis for the bitcoin cryptocurrency shows the market is still shallow, and that it has a long way to go before it can truly secure a place as a global payment alternative.


Links to other Important Stories I didn’t have time to cover on the show

Gold Coin Stacks
Perfect Storm of Demand to Send Gold to $2800?

Paul Craig Roberts on the US economy and paper versus physical gold

Published on Feb 11, 2014
Today’s show is about money.

In today’s headline story, all eyes were fixed on Fed Chairwoman Janet Yellen, who delivered her first public remarks to the US House Financial-Services Committee. In addition, in a lawsuit filed on Monday, the non-profit group Better Markets has challenged the constitutionality of the $13 billion JPMorgan Chase mortgage settlement with the US Justice Department. And in Washington, Republican leaders in the House of Representatives agreed to advance legislation, raising Washington’s borrowing authority without conditions. Erin Ade reports.

Then, Erin conducts a wide-ranging interview with economist Paul Craig Roberts, an Assistant Secretary of the Treasury in the Reagan Administration and a co-founder of Reaganomics. He has voiced his concerns about the strength of the US economy, US politics, and US civil liberties. Roberts also believes the US is playing fast and loose with the monetary system and the value of the dollar. He speculates that, as the German Bundesbank has begun repatriating its gold from overseas out of storage in places like the Federal Reserve, the Fed will not be able to make delivery because it doesn’t physically possess the gold. Similarly, Roberts does not believe Gold ETF funds have enough physical gold to back their exchange traded fund shares.

Wrapping up our money theme, in today’s “Big Deal”, Erin and Boom Bust producer Edward Harrison discuss the outlawing of Bitcoin wallet apps on iOS, Apple’s mobile platform, and the rise of ePayments in the mobile world.


Real Estate Bubble 2.0 – Mike Maloney

Published on Feb 11, 2014
Are you aware that we have recently surpassed the insane levels of the previous housing bubble?


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