Sunday, August 11, 2013

Current Economic Collapse News Brief:Japanese Debt Excessed One Quadrillion Yen, Spain’s Banking System Is Doomed To Collapse, U.S. Taxpayers Renouncing Citizenship At Record High




Before It's News | Popular Money





Current Economic Collapse News Brief:Japanese Debt Excessed One Quadrillion Yen, Spain’s Banking System Is Doomed To Collapse, U.S. Taxpayers Renouncing Citizenship At Record High



In this news brief we will discuss the latest news on the economic collapse. We look to see if things are really that different. The central bank will not stop at just confiscating your wealth they will want your life. They want to enslave the people.






Special Report: OCTOBER 2013 STOCK MARKET CRASH




Before It's News | Popular Money





Special Report: OCTOBER 2013 STOCK MARKET CRASH



Watch Video Here>> http://newsdoors.blogspot.com/2013/08/special-report-october-2013-stock.html






Saturday, August 10, 2013

EXPLOSIVE BREAKING NEWS: Stock Market Crash Is Imminent!




Before It's News | Popular Money





EXPLOSIVE BREAKING NEWS: Stock Market Crash Is Imminent!



TOM HENEGHAN EXPLOSIVE INTELLIGENCE BRIEFINGS ALL patriot Americans MUST know, with sources inside American/European intelligence agencies and INTERPOL reporting what is really going on behind the scenes of the corporate-controlled, fascist, extortion-friendly propaganda U.S. media's massive deceptions http://www.tomheneghanbriefings.com/ https://twitter.com/Tom_Heneghan Saturday August 10, 2013 STOCK MARKET CRASH IS IMMINENT! by Tom Heneghan, International Intelligence Expert UNITED STATES of America - http://www.zerohedge.com/news/2013-08-09/stock-market-bubbles-and-record-margin-debt-repeating-history-ignoring-all-warnings Stock Market Bubbles And Record Margin Debt: A (Repeating) History Of Ignoring All Warnings Submitted by Tyler Durden on 08/09/2013 09:42 -0400 It is well-known that as part of the S&P500's ascent to new records, investor margin debt has also surged to all time highs, surpassing for the past three months previous records set during both prior, the dot com and the housing, stock market bubbles. And as more attention has shifted to the topic of speculator leverage once more, inquiries into the correlation between bets upon bets and stock performance are popping up once more, in this case in a study by Deutsche Bank titled "Red Flag!






China Slowdown Crippling Asia -Bert Dohmen & Gordon T. Long Video




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China Slowdown Crippling Asia -Bert Dohmen & Gordon T. Long Video



CHINA SLOWDOWN CRIPPLING ASIA with Special Guest BERT DOHMEN Publisher of the China Boom-Bust Analyst & Gordon T Long & Ty Andros 29 Minutes, 46 Slides With the aid of 46 supporting slides, Bert Dohmen, Ty Andros and Gordon T Long discuss what their individual research is telling them about the situation in Asia. During the last six months China has injected nearly $1.6 trillion in new credit (21% of GDP) into the economy. If there can be a credit crunch even with that much credit being added to the system, then you know that the problems are big. The crunch is in fact the result of one of the following: A shortage of lendable funds, Governmental lending restrictions, Banks being unable to find creditworthy borrowers, All three of the above.






The American Revolution, 2014. "It Came About When Finally, Congress (aka Formerly Civil SERVANTS)...




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The American Revolution, 2014. "It Came About When Finally, Congress (aka Formerly Civil SERVANTS)...



There comes a time when, in your heart of hearts, you suddenly realise that there is no Santa Claus, only a really sh*tty ObamaCareClause that says there are really and truly no Free Lunches and the guys you've voted into the Civil Service have ratted on you Big Time... while feasting on "Free Lunches" paid for by you! So I'm spending my fifty words of introduction to ask you to read a short letter by one of our BIN correspondents - Jim Signorile's full column plus some other stuff of his: 'nuff said! "This week we learned about a pending (and galling) extra-constitutional maneuver seeking to exempt members of Congress from Obamacare … because, after all, why should our elected representatives live under the same laws they pass for the rest of the country?






9/11 Commission Chairs: NSA Spying Has Gone Way Too Far




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9/11 Commission Chairs: NSA Spying Has Gone Way Too Far



The Real Experts Agree: Spying Is Out of Control
The co-chairs of the 9/11 commission – Thomas Keane and Lee Hamilton – wrote recently:
The NSA’s metadata program was put into place with virtually no public debate, a worrisome precedent made worse by erecting unnecessary barriers to public understanding via denials and misleading statements from senior administration officials. When the Congress and the courts work in secret; when massive amounts of data are collected from Americans and enterprises; when government’s power of intrusion into the lives of ordinary citizens, augmented by the awesome power of advanced technologies, is hugely expanded without public debate or discussion over seven years, then our sense of constitutional process and accountability is deeply offended.
Officials insist that the right balance has been struck between security and privacy. But how would we know, when all the decisions have been made in secret, with almost no oversight?
Much of this surveillance activity raises sharp questions: Is it necessary to collect and preserve this vast amount of data rather than pursue targeted individuals? Is the government using the least intrusive means to protect us?






Friday, August 9, 2013

US Dollar: Time To Worry?




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US Dollar: Time To Worry?



Safe Haven By: Ashraf Laidi | Fri, Aug 9, 2013 Four weeks ago, the USD index hit 3-year highs, metals licked their wounds from the biggest decline in decades and the US growth story stood out in the headline. The Fed was considered the only major central bank capable of scaling down its quantitative easing, while the ECB mulled cutting interest rates to zero. The greenback was boosted by a powerful combination of fundamental and technical moving in tandem. But all changed in June when the Fed reminded that any tapering of asset purchases would not necessarily tighten monetary policy as persistent growth in the Fed's balance sheet would help maintain liquidity driven in the markets.






Japanese Debt Bomb Could Set-Off Global Panic At Any Moment: A Quadrillion Yen & Counting




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Japanese Debt Bomb Could Set-Off Global Panic At Any Moment: A Quadrillion Yen & Counting



Michael Synder * The Economic Collapse How much is 1,000,000,000,000,000 yen worth? Well, a quadrillion yen is worth approximately 10.5 trillion dollars. It is an amount of money that is larger than the "the economies of Germany, France and the U.K. combined".









The World Is Now On The Edge Of A Massive Collapse



King World News August 9, 2013 With continued uncertainty in key global markets, today Egon von Greyerz warned King World News that the world is now on the edge of a massive collapse. Geryerz also cautioned investors that banks are now making it harder for their clients to get physical gold out of the banking system. Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this powerful interview. Greyerz: “Eric, when you are living through history-making events, it’s often difficult for investors to see exactly what is happening.






Launch-Ready Hot Sectors Overview: Deepcaster




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Launch-Ready Hot Sectors Overview: Deepcaster



DEEPCASTER LLC www.deepcaster.com DEEPCASTER FORTRESS ASSETS LETTER DEEPCASTER HIGH POTENTIAL SPECULATOR Wealth Preservation Wealth Enhancement Key Sectors and Subsectors are poised to launch up in the next few weeks or very few months, depending on the sector. Others will languish or crash. However, very few of the Sectors poised to launch up soon are multi-year holds, because the Developing Trends in the Economy, Markets and Central Bank Policy (see our Forecasts) will likely not allow that. In other words, “Buy and Hold” rarely works any more.









Dr. Doom Warns Of Major Market Crash This Fall: “20 Percent, Maybe More”



He made the crash call ahead of the 2008 crash, and predicted the market turn-around in 2009 to the exact day on which it happened.
Now Dr. Marc Faber of the Gloom, Boom and Doom Report is warning of an imminent stock market meltdown yet again.
Based on analysis of current stock market prices and the overall value of stock market indexes like the S&P 500 and the Dow Jones, Faber warns that, while we are seeing near all-time highs, the valuations are nothing but conjecture.
Looking at the makeup of the major indexes, it’s clear that their high values have become dependent on a small number of companies. A peak into what’s happening behind the scenes,however, shows that scores of other companies are being crushed because of weak earnings and a poor forwarding looking economic outlook.
This, according to Dr. Doom, is remarkably similar to what we saw in the days and weeks leading up to the 1987 crash.
It’s a recipe for disaster.
[In 1987] we had a very powerful rally, but also earnings were no longer rising substantially and the market became very overbought and the final rally into August 25th occurred with a diminishing number of stock hitting 52 week highs.






US Economy 2014 Collapse - *Peter Schiff* - FED Will Cause Huge Economic Crisis! - Must See Video




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US Economy 2014 Collapse - *Peter Schiff* - FED Will Cause Huge Economic Crisis! - Must See Video



Published on May 15, 2013 US Economy 2014 Collapse - *Peter Schiff* - FED will cause Huge Economic Crisis! economic crisis, dollar crash, american crisis









Theft By Deficit



By Al Duncan August 2, 2013 NewsWithViews.com By the Author of The Master Plan In 1966, before Alan Greenspan became the Federal Reserve Chairman, he wrote an essay, which I highly recommend, called Gold and Economic Freedom. Herein lays the crux of what he presented, emphasis are mine: “The welfare state [the self-destructive system we operate under today] is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society [the working middle class] to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation. Thus, the earnings saved by the productive members of the society lose value in terms of goods.









BO Vacation Home Owned By Corporate Raider Same Thing Obama Slammed Romney For Being



Ah bit of self serving contradiction on this fine day. Reports now leaking out regarding the owner of Barack Obama’s multi-million dollar Martha’s Vineyard vacation home is a downright dirty capitalist corporate raider – the very thing Obama and his campaign team, with ample help from the Mainstream Media, slammed Mitt Romney for being. Say one thing and do another – that is the Obama way…. (via WHD) Obama Vacation Residence Owned by Corporate “Restructurer” When he vacations on Martha’s Vineyard, President Obama will stay at the $7.6 million home of a wealthy financier who specializes in corporate restructuring, the type of thing Obama and his allies mercilessly slammed Mitt Romney for during the 2012 campaign.






EU Crisis Will Be Back Very Shortly




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EU Crisis Will Be Back Very Shortly



Graham Summers * Phoenix Capital Research August 9, 2013 The financial media continues to talk about how Europe is saved. It’s odd that somehow everything is starting to look so much better now than Angela Merkel is up for re-election in Germany. Could it be coincidence that the worst Crisis in years suddenly went away right as the women with her finger on the “bailout” button needed to convince German voters that she’s doing a great job? Remember, politics drive everything in Europe, including the markets (Spain’s political scandals had a bigger impact on the Spanish Ibex than a myriad of horrific economic data).









Global Currency Reset In Process: The Fed Cant Exit Easy Monetary Policy As USD Comes Under Attack, China and Russia Suggesting A New Bretton Woods, One Quadrillion Dollars of Derivatives Time Bomb Is Set To Explode



Is The Dollar Under Attack? The confused looks on traders faces is the “Taper-On” reaction in stocks (after celeberating last night’s false Chinese trade data) as the USD loses steam. Critically, the USD weakness (more usually associated with Taper-off (print-moar-on) is indicative of the ongoing collapse in the JPY-carry trade once again that is gaining momentum as data (and technicals) prompt a Taper sooner than later. US equities are starting to catch down to foreign stocks (and domestic credit), Treasuries are bid (but the Taper?) on safe-haven buying, and gold and silver are spiking as the USD comes under attack… http://www.zerohedge.com/news/2013-08-08/sudden-dollar-weakness-tapers-early-euphoria-sends-gold-spiking FOREIGN CENTRAL BANKS Ready to DUMP DOLLAR?? China and Russia Suggesting A New Bretton Woods Both China and Russia have begun discussing a new Bretton Woods-style agreement which would back the Yuan with gold and change the very fabric of the international monetary system. This concept falls right in line the developing nations’ demand for a replacement of the U.S.






The Missiles That Brought Down TWA Flight 800




Before It's News | Popular Money





The Missiles That Brought Down TWA Flight 800



If the U.S. public began to raise a fuss about U.S. missile strikes that blow up large numbers of civilians at wedding parties abroad, it’s not beyond the realm of the imaginable that the U.S. government would begin blaming the explosions on faulty candles in the wedding cakes.









Lavabit; NSA/USA “Capable” With An Undesirable Outcome(s)



from wepollock We are capable of many things;
ca·pa·ble
/ˈkāpəbəl/
Adjective
Having the ability, fitness, or quality necessary to do or achieve a specified thing.
Able to achieve efficiently whatever one has to do; competent.
Capable within the context of fear and paranoia; – Missile gap – Arms Race
Sometimes we are Capable of doing things without fully knowing the ramifications -connection between vinyl chloride in hairspray propellent and cancer. -PCB’s in the hudson river from GE between 1947 and 1977 – Fukushima
NSA has allot of capabilities and they will be used with an undesirable outcome – Use it or lose it -Tremendous reach Lavabit shut down Edward Snowden’s email provider Tweet






Will The Sheep Be Tricked By The Gangsters Changing The Stock Market Crash Date Forecasted By Gann?




Before It's News | Popular Money





Will The Sheep Be Tricked By The Gangsters Changing The Stock Market Crash Date Forecasted By Gann?



August 9th update…
Stock Market Crash Called Off!
These 2 articles (http://finance.yahoo.com/blogs/breakout/easy-money-policy-lead-world-greatest-credit-collapse-164806633.html) and (http://www.cnbc.com/id/100950234) are clearly put out to mislead the sheep into shorting this market heavily. This means the FED’s are running out of money and don’t have enough power left to get the market up past the current high. They need more money and that money has too come from the bears as there’s obviously no retail traders left in the market buying at these levels.
So how do you get more money? You put out articles on the propaganda main stream media outlets that speaks of crashes coming.









During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve



Michael Snyder is the publisher of , The American Dream Blog and The Truth How would America ever survive without the central planners in the Obama administration and at the Federal Reserve? What in the world would we do if there was no income tax and no IRS? Could the U.S. economy possibly keep from collapsing under such circumstances?






Thursday, August 8, 2013

The Bewildered New World




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The Bewildered New World



Free trade is an illusion created my globalist free traders. As an advocate for workers dignity, value added local economies and real world trade based on trading goods instead of "commoditizing" workers, we have thousands of resources online. ( Search under tapsearch.com, tapart news, ray tapajna journals or tapsearcher.) Free trade is basically about moving production from place to place foe the sake of cheaper labor. In the process, production has been separated from investments.






Default Feared – Gold & Silver Paper Claims Hit All-Time Highs




Before It's News | Popular Money





Default Feared – Gold & Silver Paper Claims Hit All-Time Highs



On the heels of continued anti-gold propaganda on the part of the mainstream media, today, from Singapore, Grant Williams warned King World News that paper gold and silver claims have hit a new all-time high. This is fueling fears that a default will take place at the LBMA and COMEX. KWN is pleased to share this extraordinarily powerful and exclusive piece with our global readers. Once again, this is a warning to all global market participants to brace themselves for a coming default on one or both of the metals exchanges.









5 Signs Wall Streets Zombie Apocalypse Is At Hand



Commentary: Undead money pros mindlessly repeating upbeat phrases Ryan Jorgensen - Jorgo / Shutterstock.com Market Watch By Brett Arends A reader writes: “Please help me. I have just finished watching ‘The Walking Dead’ on AMC and ‘World War Z’ in the cinema, and I’ve started to suspect that my money manager may be a zombie. I’ve been watching business TV and I think a lot of the people on Wall Street must be zombies as well. How can I be sure?









Next Fed-Created Catastrophe A Currency Crisis Has Already Begun



Lorimer Wilson * Munknee.com There is no escaping the inevitable - if you aggressively debase your currency eventually you are going to have a currency crisis. The first one has now begun. Words: 350; Charts: 2 So writes Toby Connor (goldscents.blogspot.com) in edited excerpts from his original article* entitled THE NEXT CRISIS HAS BEGUN: AND THIS ONE IS GOING TO BE IN THE CURRENCY MARKETS. [The following article is presented by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here – register here) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read.






Jim Quinn: Trying To Stay Sane In An Insane World - Part 2




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Jim Quinn: Trying To Stay Sane In An Insane World - Part 2



Jim Quinn * The Burning Platform In Part 1 of this article I detailed the insane solutions proposed and executed since 2008 by our owners as they attempt to retain and further expand their ill-gotten wealth, acquired through fraud, deceit, swindles, and the brilliant manipulation and exploitation of the masses through Bernaysian propaganda techniques. Madness has engulfed the entire world, with a concentration of power in the hands of a few psychopathic financial elite wielding an inordinate and dangerous expanse of power over the lives of the common man. They are a modern day version of Al Capone, except their weapons of choice aren’t machine guns, but a printing press, peddling debt, creating derivatives of mass destruction, and peddling heaping doses of disinformation. The contemporary criminal class wears Hermes suits, Rolex watches and diamond studded pinky rings, drops $500 to dine at Masa in NYC, travels by chauffeured limo, lives in $10 million NYC penthouse suites, occupies luxurious corner offices in hundred story glass towers, and spends weekends hobnobbing with the other financial elite at their villas in the Hamptons.









The Fed Will Bankrupt The US Trying To "Create" Jobs



Zero Hedge Submitted by Phoenix Capital Research on 08/08/2013 The primary myth being perpetuated by the Central Banks of the world is the belief that loose monetary policy and money printing will lead to economic growth. This is the reason why Central banks have cut interest rates more than 511 times since June 2007. It’s also why they’ve expanded their balance sheets by over $10 trillion (this doesn’t count unofficial lending windows and off balance sheet programs). It’s a strange idea, especially when you consider that there is literally no evidence that printing money creates jobs.









Multinational Corporations & The Loss of Sovereignty



By Dennis L. Cuddy, Ph.D. August 5, 2013 NewsWithViews.com [Note: On June 14, Hassan Rouhani was elected president of Iran. In 2006, he had said "a nuclear weaponized Iran destabilizes the region," and therefore the U.S.






Here's The Real Unemployment Rate




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Here's The Real Unemployment Rate



Any rate drop is from 'discouraged workers eliminated' from job accounting WND Jerome R. Corsi NEW YORK – Are the reports of an Obama economic recovery based on the economy creating mostly part-time jobs and on manipulated government statistics that report an artificially low unemployment number? According to John Williams, an economist known for asserting the government reports manipulated “shadow statistics” of economic data for political purposes, the real unemployment rate for July 2013 was 23.3 percent, not the 7.4 percent reported by the Bureau of Labor Statistics. Meanwhile, the House Ways and Means Committee reported Monday that seven of every eight new employees under Obama have been part-time.









Two Most Important Charts You’re Likely to See All Day



By Peter Degraaf * GoldSeek.com Featured is the weekly gold chart, with the US dollar at the top. The rising dotted lines in the gold chart coincide with falling dotted lines in the US dollar index chart. The long uptrend line supporting the dollar coincides with the latest correction in the gold price. The arrow in the dollar chart points to a possible breakdown below the rising trend-line in the dollar (once price drops below the arrow).









Yes, Defund Obamacare



Gene Schwimmer * American Thinker The GOP division over whether to defund ObamaCare can be summarized in two quotes: This, from Texas senator Ted Cruz: We can de-fund Obamacare if Republican leaders who tell their constituents they're conservative stand up and act like they're conservative. And in opposition, Ramesh Ponnuru: [I]f Republicans stay firm in this demand [to defund Obamacare], the result will be either a government shutdown or a partial shutdown combined with a debt default. Either would be highly unpopular, and each party would blame the other. The public, however, would almost certainly blame Republicans.






Here it Comes! Commodities Futures Trading Commission Investigating Manipulation of Derivative Interest Rates - Bloomberg Bomb: Interest Up, We Go Down.




Before It's News | Popular Money





Here it Comes! Commodities Futures Trading Commission Investigating Manipulation of Derivative Interest Rates - Bloomberg Bomb: Interest Up, We Go Down.



Right now, there are about 441 trillion dollars of interest rate derivatives sitting out there. If interest rates stay about where they are right now (or) don't go much higher, we will be fine. But if they start going much higher, all bets will be off and we could see financial carnage on a scale that we have never seen before. It will make the Syrian "Nuke" look like a firecracker...






“Hello HSBC, This Is JPMorgan – We Urgently Need Some Of Your Gold”




Before It's News | Popular Money





“Hello HSBC, This Is JPMorgan – We Urgently Need Some Of Your Gold”



from Zero Hedge What happens when 63.5K ounces of registered gold in your warehouse (16% of total) just has their warrants detached and the vault is about to finds itself 63.5k ounces of gold emptier? If you are JPM you call the gold vault with most inventory in town, that of HSBC, and politely request that they transfer as much eligible gold as they can on short notice – in this case a tiny 6,444.936 oz to be exact. None of which changes the fact that in a few days, the inventory in JPM’s gold vault will drop to another record low of only 380K ounces and the JPM “rescue” pleas from HSBC and other Comex members will become ever louder and more desperate until one day they may just go straight to voicemail. Continue Reading at ZeroHedge.com… Tweet






Wednesday, August 7, 2013

Free Speech Trumps SEC Advertising Ban




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Free Speech Trumps SEC Advertising Ban



Wednesday was finally the day that the Securities and Exchange Commission — one year and three months after it was instructed to do so by the bipartisan Jumpstart Our Business Startups (JOBS) Act signed by President Obama — lifted the ban on advertising and communication to and from hedge funds and the private equity and venture capital community. Lifting these archaic rules is a victory for entrepreneurs, all types of investors, and, most importantly, the First Amendment. The SEC’s decades-old ban on “general solicitation” by vehicles serving wealthy “accredited investors” was wrong at the time, but is positively archaic today in the face of instant communication through the Internet and social networks. It is also paternalistic and anti-egalitarian.






Silver: The Noise is Deafening!




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Silver: The Noise is Deafening!



by GE Christenson Silver Seek
“Beam me up, Scotty!”
“I can’t Captain, the signal is weak and there is too much noise.” (My apologies to you Trekkies….)
That conversation (which did not happen) describes the problem with the silver and gold markets now. There is so much noise, false information and lack of clarity – and not enough signal – real data and understanding.
· The big banks put out “advisories” that silver (and gold) will make new lows, and subsequently cover their shorts or add to their long positions. All noise!
Continue Reading at SilverSeek.com… Tweet






There Is No Real Way Out : Kyle Bass Warns




Before It's News | Popular Money





There Is No Real Way Out : Kyle Bass Warns



ZeroHedge Quantitative easing is nothing but “competitive devaluation,” Kyle Bass begins this brief but wide-ranging interview; and while no central bank can explicitly expose the ‘beggar thy neighbor’ policy, they are well aware (and ‘banking on’) the fact that secondary or tertiary effects will lead to devaluing their currency. The bottom line, Bass warns, is “when the globe is at 360% credit market debt-to-GDP, there is no real way out.” Furthermore, the winds of austerity have already blown (simply put no nation engaged in austerity prospectively – for the nation’s betterment – they were forced by the bond markets) and with central bankers now dominant – the Krugman-esque mentality of “let’s just keep going,” is very much in the driver’s seat since politicians now see “no consequence for fiscal profligacy.” The average investor, Bass adds, “is at the mercy of the central bank puppeteers,” as the Fed’s policies are forcing mom-and-pop to “put their money in the wrong place at the wrong time.” There will be consequences for that… there is only one way this will end… “and investors should be really careful doing what the central bankers want them to do.” continue to video at ZeroHedge: http://www.zerohedge.com/news/2013-08-04/kyle-bass-warns-there-no-real-way-out









20 Cities That May Face Bankruptcy After Detroit



Tuesday, 06 Aug 2013 Newsmax.com By Stephen Moore Think Motown is the only major U.S. city in a boatload of financial trouble? Think again. Detroit's bankruptcy filing sent shivers down the spine of municipal bondholders, government employees, and big-city urban residents all over the country.






Obamacare Will be the Reason That You Will Never Retire




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Obamacare Will be the Reason That You Will Never Retire



Dave Hodges * The Common Sense Show The elephant in the room is healthcare. The American middle class is in extreme danger because of Obamacare. Obamacare will be the reason that many will never be able to retire or even to live to a ripe old age. Will Obamacare Be Repealed?






This Man Is Deluded--Rep. Keith Ellison: Gov. Not Broke Because There's Plenty of Money In Private Hands And 'Government Has A Right' To It (Video)




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This Man Is Deluded--Rep. Keith Ellison: Gov. Not Broke Because There's Plenty of Money In Private Hands And 'Government Has A Right' To It (Video)



This is the attitude of the current administration, which is explains why this country is in debt and financially going down the tubes. This incredible, the money is there, give us all of your money, is killing America! It's that "Give me" attitude. If Rep.






One Huge Interconnected Corporation, the World's Banking Cartel, Controls Global Economy: a Matter of Record - New Scientist.




Before It's News | Popular Money





One Huge Interconnected Corporation, the World's Banking Cartel, Controls Global Economy: a Matter of Record - New Scientist.



In the autumn of 2011 an already legendary study by a number of Swiss scientists revealed that a small number of banks controlled a decisive stake in the globe’s economy. The study, called ‘the Network of Global Corporate Control’ was done by Stefania Vitali, James B. Glattfelder, and Stefano Battiston, in Zurich, Switzerland. The method was datamining the Orbis Marketing Database 2007, with data on more than 30 million economic actors (companies and investors) worldwide, including asset positions.






Tuesday, August 6, 2013

Michael Pento – Expect Economic Chaos & Financial Collapse




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Michael Pento – Expect Economic Chaos & Financial Collapse



from King World News
On the heels of more volatile trading in key markets, today one of the top economists in the world sent King World News an exclusive piece warning investors to expect economic chaos and financial collapse. He also discussed what investors should be doing to protect themselves during this dangerous and chaotic environment. Michael Pento, founder of Pento Portfolio Strategies, wrote the following piece for KWN.
Pento: “Each of the last five years Wall Street pundits have predicted, and our government has promised, that a second half recovery in the economy will occur. Since 2009, they have come up with different reasons why GDP would boom in Q3 & Q4 of that year, and that this time a different and better outcome would be in store.






Bix Weir – Embassies Closing, HSBC Stops Their Banking… It’s All Just A Coincidence, Right?




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Bix Weir – Embassies Closing, HSBC Stops Their Banking… It’s All Just A Coincidence, Right?



from Financial Survival Network
Bix Weir came on again today and we discussed the never ending series of incredible events sweeping the globe. Seems HSBC stopped doing business with a number of embassies including the Vatican, without explanation. At the same time the US has closed down a number of its embassies in the Middle East. It’s all just one big coincidence, we’re quite sure; what else could it be?









"World Swiftly Moving to Dangerous Place Where Nations Won’t be Able to Do Business with Each Other Because They Don’t Trust the Institutions That Control Wealth Which Includes Central Banks, Commercial Banks, & Gov'ts" : The Dreadful Summer Wind



This article was written by James Howard Kuntsler and originally published at Kunstler.com / Alt-Market.com The world is swiftly moving to the dangerous place where nations won't be able to do business with each other because they don't trust the institutions that control wealth, which includes central banks, commercial banks, and governments. It will happen when the purveyors of international commodities, oil especially, refuse to accept the letters of credit issued by untrustworthy intermediaries. And when that dark moment arrives, nations will throw tantrums. The USA may be the loudest baby in the playpen.









Tarot Cards, Astrology and Hierarchy



from stefbot 0:17 – If we were somehow able to get a libertarian or voluntary society and government structure tomorrow, what would happen to the massive amounts of classified data and secrets our government controls.
1:21 – What is your opinion on the use of instruments such as the tarot and astrology, as means of self-reflection?
3:35 – What are your general thoughts on hierarchy? Do you think non-coercive hierarchies can be ideal?
6:32 – What are your thoughts about communicating the message of Voluntaryism and peaceful parenting at the workplace? I have experimented with the latter somewhat, but have often wondered about the risk it may pose to my employment.
13:00 – How do you think restraining orders would work in a free society and how would people keep abusive partners away…what’s the solution? 16:01 – Why are women so hard to talk to?






Just Spread Detroit's Failure, Why Don't Ya?




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Just Spread Detroit's Failure, Why Don't Ya?



J. Robert Smith * American Thinker Robert B. Reich, the little man with big liberal ideas, has a big idea for bailing out Detroit. It's a simple big idea, which just goes to show Reich's genius.









Scary Thought For The Day - 8-6-13



NEVER SAY THINGS CAN'T GET ANY WORSE!!!






Even though Gold falls below $1300/oz. on the Back of a Slew of Economic Data, I Remain Extremely Bullish




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Even though Gold falls below $1300/oz. on the Back of a Slew of Economic Data, I Remain Extremely Bullish



GOLD UP-DATE August 06, 2013 Even though Gold falls below $1300/oz. on the Back of a Slew of Economic Data, I Remain Extremely Bullish By David Levenstein After holding above the important psychological support level of $1300 for most of last week, on Monday August 05, the price of gold fell below this after a series of economic data from around the globe recorded a slight positive trend causing the US dollar to gain slightly against its peers. In the United States, economic activity in the non-manufacturing sector grew in July for the 43rd consecutive month. According to the Institute for Supply Management (ISM), U.S.









Whats Next for the Dollar and Currencies?



By: Axel G. Merk, Merk Investments In the short to medium term, the U.S. dollar and currencies are heavily influenced by what the Fed may be up to next. As the Federal Reserve (Fed) may be reading tealeaves as much as anyone else, we may be facing particularly high policy uncertainty that, in turn, reflects on elevated volatility in the bond and currency markets.









New Study Shows US Debt 6 Times Greater Than Officially Declared. Its Not $12 Trillion, Its $70 Trillion



The United States has accumulated over $70 trillion in unreported debt, an amount nearly six times the declared figure, according to a new study by University of California-San Diego economics Professor James Hamilton. The unique aspect of Hamilton’s study is that he examines federal debt that has not been publicly released, specifically the federal government’s support for “housing, other loan guarantees, deposit insurance, actions taken by the Federal Reserve, and government trust funds.” DEBT TICKER HERE I have no doubt that our actual debt is far worse than reported. The government lies and I don't say that in passing or stereotype, it's a matter of fact and very much so in the news. They lie, they lie, they lie.






Shocking: Obama Intends To Collapse US Economy – Exclusive – Ann Barnhardt




Before It's News | Popular Money





Shocking: Obama Intends To Collapse US Economy – Exclusive – Ann Barnhardt



By Paul Martin Investmentwatchblog.com August 5th, 2013 In this exclusive interview with Ann Barnhardt, founder of the former Barnhard Capital Management, Barnhardt exposes the blatant fraud in US financial markets, the recent IRS scandal, the financial enslavement of the American people, and whether Obama is conspiraring to collapse our economy! As the most popular “Finance and Liberty” interview to date, stay tuned for a shocking ride behind the scenes of the true America and how we can possibly win our country back!






Richard Russell – I Haven’t Seen Anything LIke This In 60 Years




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Richard Russell – I Haven’t Seen Anything LIke This In 60 Years



from King World News
On the heels of continued volatility in global markets, the Godfather of newsletter writers, Richard Russell, warned that he has never seen anything like what we are currently witnessing in his 60 years of watching the markets. Russell also discussed what people should be doing with their money in key markets, including stocks and gold.
Richard Russell: “When things get this crazy, one has to go by the seat of one’s pants. According to Gene Epstein in this week’s Barron’s, the US jobless rate is not 7.6%, it’s actually 7.9%. Since the 2009 lows, the nation’s Gross National Product has swelled by $1.3 trillion, but the stock market has gained $12 trillion in value.
Continue Reading at KingWorldNews.com… Tweet






Monday, August 5, 2013

The Real Cost of “Free Money” - Why Work When You Can be a “Taker”?




Before It's News | Popular Money





The Real Cost of “Free Money” - Why Work When You Can be a “Taker”?



Why does a large portion of the American population choose not to work when there are many jobs available? The answer is simple. Why work when you can get two or three times as much money from unemployment, disability, and/or welfare benefits (subsidized housing, food stamps, free cellphones, etc.) as you can from a temporary or part-time job? Why work whan you can live a life of legally enforced leisure?









Billionaire Issues Chilling Warning About Interest Rate Derivatives



Michael Snyder is the publisher of , The American Dream Blog and The Truth Will rapidly rising interest rates rip through the U.S. financial system like a giant lawnmower blade? Yes, the U.S. economy survived much higher interest rates in the past, but at that time there were not hundreds of trillions of dollars worth of interest rate derivatives hanging over our financial system like a Sword of Damocles.









SHTF - USA Economoy COLLAPSE ... WANT TO KNOW WHEN?? OK I'll TELL YOU EXACTLY WHEN



'Collapse' will ONLY come when there is NO food for the mass of ass, Given that 1/2 of ASS in the USA are on food-stamps, this could continue forever, It will ONLY end when the US PETRO DOLLAR is worthless, then the US government cannot pull paper dollars out of its ass and import food abroad, ... until then NORMALCY will continue. Rome went from gold to lead coin ( MONEY ) in 500 years USA went from GOLD to paper in 40 years, ... NO paper in history lasts on average more than 27 years, ..






Daily Nugget – Gold Rises Above US Pressure




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Daily Nugget – Gold Rises Above US Pressure



by Jan Skoyles The Real Asset Co Last week was uncomfortable for those in gold investment as the gold price fell below $1,300 once again, however the non-farm payroll data was quick to remind us of the delicate nature of the so-called US recovery.
Friday’s non-farm payroll data showed the lowest increase in jobs for the last four months, putting the US dollar on the back foot to gold bullion which rose back above $1,300. Observers expect the FOMC to look for more evidence of a strong US economy before embarking on QE tapering.
This morning the gold price has held steady following Friday’s gains. Concerns that the Fed will taper QE imminently have subsided, for now.
Continue Reading at TheRealAsset.co.uk… Tweet






Dallas Fed's Fisher: "We Own A Significant Slice Of Critical Markets. This Is Something Of A Gordian Knot"




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Dallas Fed's Fisher: "We Own A Significant Slice Of Critical Markets. This Is Something Of A Gordian Knot"



ZeroHedge From "Horseshift! (With Reference to Gordian Knots)" - the prepared remarks by the Dallas Fed's Dick Fisher released moments ago, in which the Fed president with GLD holdings, gets folksy with the Fed's balance sheet. Years of Extraordinary Measures For six of my eight years at the Fed, we have been working to bring the nation’s economy out of recession. The fiscal authorities have for the most part been AWOL during this time, having left the parking brake on during their absence.









John Jamieson – Is Retirement Account Confiscation Coming?



from Financial Survival Network
John Jamieson is as concerned about retirement account confiscation as we are. He thinks it would lead to a near revolution. However the government can do things short of confiscation that could achieve a similar result, so you need to be prepared. With that in mind, Jon has a number of ways to invest in annuities, which we don’t necessarily believe you should put all or a substantial part of your money into, but may be good as a diversification technique.






Two Big Housing Risks-Ending Fed Stimulus & Speculation - Professor Robert Shiller - Video




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Two Big Housing Risks-Ending Fed Stimulus & Speculation - Professor Robert Shiller - Video



By Greg Hunter’s USAWatchdog.com Yale Professor Robert Shiller says, “People who were thinking about buying a house last year are kicking themselves. Prices are up 12% in a year. As the market tightens, the attractiveness diminishes, but it’s still attractive.” Professor Shiller, who is one of the founders of the S&P/Case-Shiller Home Price Indices, sees two big possible headwinds for housing. One is the Federal Reserve ending or “tapering” its $85 billion a month bond buying program.






40 Percent Of U.S. Workers Make Less Than What A Full-Time Minimum Wage Worker Made In 1968




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40 Percent Of U.S. Workers Make Less Than What A Full-Time Minimum Wage Worker Made In 1968



Are American workers paid enough? That is a topic that is endlessly debated all across this great land of ours. Unfortunately, what pretty much everyone can agree on is that American workers are not making as much as they used to after you account for inflation. Back in 1968, the minimum wage in the United States was $1.60 an hour.









Which Cities will Survive/Thrive?



Oftwominds.com's eclectic range of timely topics include finance, economy, stocks, housing, Asia, energy, long-term trends, social issues, urban planning, work/tradecraft, health/diet/fitness, sustainability, Les Paul guitars and The Great Transformation ahead: www.oftwominds.com/blog.html. Here is my semi-random list of potentially decisive urban dynamics. The bankruptcy of Detroit, though long-anticipated, has unleashed a wave of speculation about the health of other cities in the U.S., and indeed, in the world--for example, China. The Detroit Syndrome - Coming To A Chinese City Near You Soon(Zero Hedge) A List of China’s ‘Most Alienating’ Cities Goes Viral Despite the visible importance of urban centers and cities for thousands of years, it seems our understanding of their dynamics is still incomplete.






Sunday, August 4, 2013

Here Is The Frightening Reality The West Faces Going Forward




Before It's News | Popular Money





Here Is The Frightening Reality The West Faces Going Forward



from King World News
With continued uncertainty in key global markets, today Egon von Greyerz spoke with King World News about the frightening reality of what the Wester world faces going forward. Geryerz also discussed gold, silver, and what investors can do to protect themselves. Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this powerful and exclusive interview.
Greyerz: “Eric, I’ve been looking at the reserve currency status of various countries over the last few hundred years, and if you look back to the early 1400s we’ve had six countries which have had a reserve currency status. If we start with Portugal, then Spain, the Netherlands, France, Britain, and now the US, as I said, they have all had reserve currencies at one point or another.






Is The Federal Reserve Teetering On The Brink Of Its Own Economic Collapse?




Before It's News | Popular Money





Is The Federal Reserve Teetering On The Brink Of Its Own Economic Collapse?



The markets, both the gold and the general equities, anticipate the Fed’s every move and their reaction to the Fed’s pronouncements can cause them to gyrate wildly, depending on the interpretation of the message. According to the market place, the Fed is the end all, be all that drives everything financial. What happens when the [...]






All Electronic Credit Card Shutdown - V's Predicted Warm-Up




Before It's News | Popular Money





All Electronic Credit Card Shutdown - V's Predicted Warm-Up



SteveQuayle.com Hi Steve, You and "V" in a previous Hagmann and Hagmann show were talking about a take-down of the American banking system via a false flag Internet event. On this past Friday, August 2 where I work, we had major problems with processing credit cards and ATM cards. I work at a pharmaceutical retailer that has its own satellite system. I met some friends today that work at a major retailer and on the same day experienced major problems with both credit card processing and ATM processing.






Saturday, August 3, 2013

Bad News For Blacks; Countrys Financial Picture Spells Their Doom




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Bad News For Blacks; Countrys Financial Picture Spells Their Doom



Harsh and hard truths about Obama's betrayal By Jerry McConnell (Bio and Archives) Saturday, August 3, 2013 Canada Free Press The average person in the United States might think that Obama would be frantic and worried to a frazzle over the current national fiscal status and its dire outlook for the futures of the blacks of America. But does Barack Hussein Obama look or act worried and downtrodden in his daily cavorts around the country or even the world? If you said “No” you would be absolutely correct. Things are working out fiscally perfect and just the way he, or I should say, his mentors in the U.






"Preparing for the Collapse: Do You Have an Escape Plan?"




Before It's News | Popular Money





"Preparing for the Collapse: Do You Have an Escape Plan?"



On this weekend's broadcast: If your country were suddenly thrown into chaos, do you and your family have an escape plan? (Jerry explains how he is preparing.) How Washington has betrayed the people's trust through its vast global snooping programs (and one way to bring accountability to D.C.) A special report on FTMDaily's Top 15 Retreat Cities for 2013 (You will never guess which city is #1!) Plus, Tom Cloud provides an update for gold and silver investors









Obama: Anti Patent Troll-In-Chief



ZeroHedge The man who in the first months of his reign took over the bankruptcy process turning it over on its head to benefit the state over centuries of established creditor rights (with GM, Chrysler and a whole lot of union votes), and who defined his entire first term by nationalizing the US healthcare system, who personally determined the cutoff for "wealth" at $250,000 per year (with the corresponding tax hike "benefits" to go with it), not to mention inheriting the George W. Bush personal surveillance apparatus and taking the nationalization of individual rights and liberties to a whole new level, has just decided to branch out and subordinate yet another two birds of distributed, efficient, global decision-making to his will: trade and patent law. A few hours ago the Obama administration vetoed a U.S. trade body's ban on the sale of some Apple iPhones and iPads, a rare move that upends a legal victory for smartphone rival Samsung Electronics Co.






8 Websites To Submit Your Startup To For Free Publicity




Before It's News | Popular Money





8 Websites To Submit Your Startup To For Free Publicity



Launching a startup isn’t easy. There are countless things to do and one of the biggest jobs is to try and get press coverage in a time when mainstream sites, bloggers and journalists are already being bombarded with pitches.
Therefore, a great way to get that traction is to get in touch with those blogs that simply love covering exciting new companies. Awesome concepts can go viral which is every entrepreneurs dream.
Here are 8 free websites that you can submit your startup to for free and have a decent chance of actually being covered.
1) AppVita
AppVita is a quality site that has been reviewing cloud apps since 2008. If accepted, you’ll get a very useful, thorough write-up.
2) The Startup Pitch
I’ve had quality startups published here within 24 hours.






Libertarians Bite the Gold Dust




Before It's News | Popular Money





Libertarians Bite the Gold Dust



(Left, Ron Paul advocates gold-backed currency. )Libertarian stock has droppedwith the price of gold resulting in a vacuum at the heart of the "Truth Movement." New Monetary Programs can fill the gap. by Anthony Migchels (henrymakow.com) It's hard to think of a more pathetic example of auto-combustion as the visitor decline at Libertarian websites run by Gary North, Lew Rockwell and Mises.org (chart left). Few still believe that Gold will stop the bankers.









Zimbabwe 2: Ruinous Inflation Proposals



Michael S. Rozeff * LewRockwell.com In this day and age, one should never assume that “educated” persons, especially those who have “earned” advanced degrees in economics, know the least bit of economics or possess the least bit of sense that might steer them away from the refuse that passes for economic thought. This is especially true in the case of those who propose ruinous money policies, thereby joining the ranks of monetary cranks and demonstrating to one and all an economics IQ south of 25. I speak specifically of Biagio Bossone and Richard Wood.









World War Three is Here! (But It's Not What You Thought)



 “I believe there is no better food supply chain management system than one which starts in the back garden and ends up a few meters away on the table. And Food is Love...” Tahir Khan The War against Globalization is happening all over the world! People are responding to the mechanization and automation of labor, particularly agriculture with Nature's weapons: that's why 'they' need to send SWAT teams into dairies and apple farms, Nature is stronger...






77% Of New Jobs Created This Year Are Part-Time




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77% Of New Jobs Created This Year Are Part-Time



When the payroll report was released last month, the world finally noticed what we had been saying for nearly three years: that the US was slowly being converted to a part-time worker society. This slow conversion accelerated drastically in the last few months, and especially in June, when part time jobs exploded higher by 360K while full time jobsdropped by 240K. In July we are sad to report that America's conversation to a part-time worker society is not "tapering": according to the Household Survey, of the 266K jobs created (note this number differs from the establishment survey), only 35% of jobs, or 92K, were full time. The rest were... not.






Friday, August 2, 2013

If You Think The Employment Numbers Are Good, Then You Really Need To Read This Article




Before It's News | Popular Money





If You Think The Employment Numbers Are Good, Then You Really Need To Read This Article



Do you actually believe that the employment numbers are getting better? Do you actually believe that there is a bright future ahead for American workers? If so, then you really need to read this article. The truth is that we are in the midst of the worst employment crisis since the Great Depression, and there has been absolutely no employment recovery.






Amazon.com Creates 5,000 Jobs, Destroys 25,000 in the Process?




Before It's News | Popular Money





Amazon.com Creates 5,000 Jobs, Destroys 25,000 in the Process?



By Alex Daley, Chief Technology Investment Strategist / GoldSeek.com The Technology Jobs Conundrum The past few weeks have seen the tech and business media abuzz about a not-so-little warehouse in Tennessee. That's because this distribution center, opening its doors with a burst of fanfare and even a few visits from nearby politicians, isn't a jumping-off point for Macy's or Target. Instead, the warehouse is the latest in a series of new locations being opened by retail technology giant Amazon.com. The jobs this new mega-warehouse is purported to create: 5,000.









Golden Sunrise Coming - Deepcaster



DEEPCASTER LLC www.deepcaster.com DEEPCASTER FORTRESS ASSETS LETTER DEEPCASTER HIGH POTENTIAL SPECULATOR Wealth Preservation Wealth Enhancement “To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about; because we are suffering from a misdirection of production, we want to create further misdirection – a procedure which can only lead to a much more severe crisis as soon as the credit expansion comes to an end.” Friedrich Hayek, 1933 Gold Investors have suffered through nearly two years of Price Takedowns, as have the Gold Miners. But a number of Developments in the Economy, Financial Markets and Mining Sector are coalescing and should impel Gold Prices to begin their launch up to new highs soon, despite ongoing Cartel (Note 1) Price Suppression attempts. Here we focus on the Key Triggers which will determine the Timing of the launch. One Key Trigger is Credit Expansion, as Hayek points out, which goes hand in hand with Monetary Expansion.






Fat Cats Plot Ways To Destroy Bond Ratings To Sabotage Pensions




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Fat Cats Plot Ways To Destroy Bond Ratings To Sabotage Pensions



by Monica Davis It's bad enough that the banksters weakened pension funds with the mortgage crisis: now they're plotting ways to destroy state retirement funds by sabotaging bond ratings. Trillions of dollars in pension funds are invested in bonds; destroy the bond ratings; devalue pension funds; eliminate pensions. The state of Illinois is the nation's pension fund basket case. It's tottering on underfunded legs and a few fat cats are plotting to kick its legs out from under it.






Taxes: President Offers Republicans The Store, They Demand More... and “No Help for We, The People” - 40% of Americans Now Make Less than the 1968 Minimum Wage!




Before It's News | Popular Money





Taxes: President Offers Republicans The Store, They Demand More... and “No Help for We, The People” - 40% of Americans Now Make Less than the 1968 Minimum Wage!



I hope this is the crunch. When all of the nation's GDP goes to “Debt Servicing”, when all the money this country makes goes to the bankers because this government willfully and with full knowledge and collusion with Wall Street drove America into an over 100%-Debt-to-GDP Ratio, then there is no money left for infrastructure – roads, bridges, power lines, water mains, civil servants and pensions – and Americans will wake up to general poverty and collapse. To refute this legacy? Is that why Obama 'gave them the store'.






Today's Bond Market Bloodbath! Whats Next? By Gregory Mannarino




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Today's Bond Market Bloodbath! Whats Next? By Gregory Mannarino



Published on Aug 1, 2013 Gregory Mannarino *Link to TradersChoice: http://traderschoice.net *My publications page: http://www.lulu.com/spotlight/thegame...






American Warzone: Foreclosed Houses: Banks Destroying Neighborhoods, Ignore Law




Before It's News | Popular Money





American Warzone: Foreclosed Houses: Banks Destroying Neighborhoods, Ignore Law



 by Monica Davis Bank-repossed houses and real estate litter neighborhoods from sea to shining sea. Gangbangers are using them, so are dope dealers, vagrants, fire bugs and homeless families. Some of these homes have been foreclosed twice. People buy foreclosed property--then can't afford the mortgage and get evicted.






Thursday, August 1, 2013

High Probability That Something Is About To Happen_X22Report




Before It's News | Popular Money





High Probability That Something Is About To Happen_X22Report



High Probability That Something Is About To Happen Published on Aug 1, 2013 X22Report ***Get the latest economic collapse news the day visit x22report.com In this report we will discuss the latest news on the economic collapse. Greece is getting worse they are continually adding debt on top of debt. The US and Egypt are having a drill where troops will be in Egypt, is this a setup to get the troops into Egypt to maintain control. Snowden now has asylum in Russia and the US is angry and wants to look at the US/Russian policies.






Is New York City The Next Detroit?




Before It's News | Popular Money





Is New York City The Next Detroit?



Frontpagemag.com Shortly, New York may be ruled by a governor who helped cause the financial meltdown, while New York City may have a mayor who was forced to resign from Congress and its comptroller will be a former governor who was forced to resign for transporting a prostitute across state lines. He will be replacing the current comptroller who may go to jail for campaign finance fraud. All of that sounds like an elaborate setup to a punch line. And it is.






Fake It Until You Make It




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Fake It Until You Make It



Andy Sutton One of the most laughable of all government statistics is Gross Domestic Product or GDP. Obviously, GDP is a very political number, given that it is the main way economists, policymakers, and to a somewhat lesser extent, the public, interpret the direction and velocity of the economy. It is one of the main ways we determine if the economy is growing or contracting. In many ways, GDP is one of the main components of what determines economic history and it was already a grossly distorted measuring tool before the latest tinkering job.






Why QE Can Never End




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Why QE Can Never End



John Rubino * DollarCollapse.com The Fed just made an announcement that the markets liked: Fed stays on track with bond buying, for now WASHINGTON (Reuters) – The Federal Reserve said on Wednesday the economy continues to recover but is still in need of support, offering no indication that it is planning to reduce its bond-buying stimulus at its next meeting in September. The central bank said after a two-day meeting that it would keep buying $85 billion in mortgage and Treasury securities per month in its effort to strengthen an economy that it said was still challenged by federal budget-tightening. It also pointed to a recent run up in mortgage rates. In a post-meeting statement, policymakers described economic activity as having expanded at a “modest” pace in the first half of the year.






Wednesday, July 31, 2013

Dallas FED Estimates Real Economic Meltdown Cost Between Six and 14 Trillion Dollars...




Before It's News | Popular Money





Dallas FED Estimates Real Economic Meltdown Cost Between Six and 14 Trillion Dollars...



TRANSCRIPT BELOW VIDEO:









Rep. Matt Shea: Economy Is Going To Collapse



blog.seattlepi.com An Eastern Washington legislator, speaking at a “Self-Reliance Rally” of Tea Party activists and survivalists, predicted last weekend that the United States economy is going to collapse and told activists to stock up on ammunition and stay in top physical condition for when that happens. “We need to prepare for the inevitable collapse that is going to happen: You know it’s going to happen. That’s right, I am a politician and I am standing up here and saying that,” said state Rep. Matt Shea, a Republican from Spokane Valley.






Fed Moves To Create Frightening Hyperinflation In The U.S.




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Fed Moves To Create Frightening Hyperinflation In The U.S.



King World News On the heels of news coming out of the Fed, today a legend in the business warned King World News that the Fed is actually going to dramatically increase the monthly stimulus figure from the current level of $85 billion per month, and that this will lead to an eventual collapse of the currency. Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also spoke about what all of this means for the gold market. Below is what Barrron said in this powerful interview. Barron: “We have seen gold rally off the lows after the Fed news.






Marc Faber: The Fed Have No Idea What They Are Doing Or What's Going On In America! - Video




Before It's News | Popular Money





Marc Faber: The Fed Have No Idea What They Are Doing Or What's Going On In America! - Video



Published on Jul 17, 2013 Marc Faber - The Fed Have No Idea What They Are Doing Or Whats Going On In America! economy 2014, economic crisis / collapse, dollar, currency prediction, outlook






Jim Rogers: Bond Bubble Could Pop Soon - Video




Before It's News | Popular Money





Jim Rogers: Bond Bubble Could Pop Soon - Video



Published on Jun 20, 2013 _The Coming Ponzi U.S. Treasury Bond Market Crash Jim Rogers - Bond bubble could pop soon SEE THIS ARTICLE TOO: Bond bubble threatens financial system, Bank of England director warns http://www.theguardian.com/business/2013/jun/12/bond-bubble-threatens-financial-system






Obamanomics GREAT For The 1% HORRIBLE For Everyone Else




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Obamanomics GREAT For The 1% HORRIBLE For Everyone Else



Hellooooooooo Mainstream Media!! When will you be falling all over yourselves to report the horrific reality that is the Obama economy’s damage inflicted upon the poor and middle class of America? In fact, it appears no modern era president has seen such a growth in income equality than under Barack Obama. President Obama says he cares about the poor (and he says it often in speech after speech after speech) but his policies paint a very different reality.









Old System Struggling & Dying - Catherine Austin Fitts - Greg Hunter Video



By Greg Hunter’s USAWatchdog.com Money manager Catherine Austin Fitts says, “You are seeing a tug of war between the new system that’s coming up and the old system that’s struggling and dying.” Fitts explains it by saying, “Let’s pretend we have a company called USA, and we create a new company called Breakaway Civilization. We move all of our assets out of USA and put them in Breakaway Civilization. We leave union obligations and pension funds . .









Jim Willie: If Deutsche Bank Goes Under It Will be Lehman Times Five!



July 31, 2013 By The Doc With Euro-zone banks showing renewed signs of crisis (Deutsche Bank deleveraging by a massive €425 billion over the past year- the fastest pace since the 2011 near-Euro collapse, and Barclays admitting a £12.8bn capital shortfall Tuesday) and fundamental indicators in the gold market screaming financial crisis (GOFO rates remain negative for nearly 20 days and massive inventory draw-downs at the COMEX & LBMA), The Doc spoke with Jim Willie Tuesday in an explosive MUST READ interview. Willie, who recently stated that Deutche Bank is under major duress and could be the first major bank to collapse in the next stage of the banking crisis, informed The Doc that unlike the collapse of Lehman Brothers in 2008 which the Western Central banks were able to contain thanks to $13 T in bailout funds, a failure of Deutsche Bank would trigger a systemic banking contagion the likes of which the Western world has never seen. [Read more...] Reposted with permission.






Tuesday, July 30, 2013

Catastrophic Economic Outlook




Before It's News | Popular Money





Catastrophic Economic Outlook



"Be warned! The economy is going to collapse again. There is absolutely no question, there is no doubt, it is guaranteed, 100%, going to occur. How do we know this?






How Google Is Quietly Taking Over




Before It's News | Popular Money





How Google Is Quietly Taking Over



Forbes Earlier this month, Google GOOG +0.98% announced disappointing earnings, and its stock immediately dropped 5% (Disclosure: I own Google stock through a fund). Most disturbingly, the company’s core revenue driver, the revenue it gets for each click on an ad, decreased 6% while traffic acquisition costs increased. Ordinarily, rising costs amid lower revenues is no recipe for success, but Google keeps plowing forward and last week launched Chromecast, a $35 device that does essentially the same job as the $99 Apple AAPL +1.27% TV and allows you to control your TV screen from a smartphone or tablet (including iPhones and iPads). It sold out almost immediately.