Friday, October 31, 2014
Thursday, October 30, 2014
Greenspan: Price of Gold Will Rise
These are indeed stunning admissions from former Fed Chairman Alan Greenspan.
http://www.merkinvestments.com/insights/2014/2014-10-29.php?utm_source=2014-10-29+Merk+Insight&utm_campaign=2014-10-29-Insights&utm_medium=email
http://www.merkinvestments.com/insights/2014/2014-10-29.php?utm_source=2014-10-29+Merk+Insight&utm_campaign=2014-10-29-Insights&utm_medium=email
Labels:
Greenspan,
price of gold,
Will Rise
Wednesday, October 29, 2014
Challenging the reserve currency status of the petrodollar appears to be a dangerous business these days.
http://www.caseyresearch.com/articles/proof/total-war-over-the-petrodollar
http://www.caseyresearch.com/articles/proof/total-war-over-the-petrodollar
Labels:
petrodollar,
total,
war
Tuesday, October 28, 2014
Monday, October 27, 2014
Thursday, October 23, 2014
George Soros Slams Putin, Warns Of "Existential Threat" From Russia, Demands $20 Billion From IMF In "Russia War Effort"
It's probably not a good idea to bet against Soros, but it's prudent to understand his motives have traditionally been ulterior.
http://www.zerohedge.com/news/2014-10-23/george-soros-slams-putin-warns-existential-threat-russia
http://www.zerohedge.com/news/2014-10-23/george-soros-slams-putin-warns-existential-threat-russia
Labels:
Existential Threat,
George Soros,
IMF,
Putin,
Russia,
Russia War Effort,
slams,
warns
The Fed “IS” the Problem!
The link enclosed is a very good article on the Fed's casino behavior. As a point of reference, Lehman Brothers' leverage ratio was 30:1 prior to its collapse in 2008. The Fed's leverage ratio is currently 80:1. The Fed has now become the world's most leveraged hedge fund, completely antithetical to its official mandates.
The rationale for the existence of central banks is price stability and protection of the soundness of its issuing sovereign currency. The Fed added an official mandate of "full employment" (whatever that metric is). The latest unwritten mandate is to artificially levitate financial markets to prevent the insolvent banking system from imploding.
But the Fed has backed itself into a corner, because its monetary stimulus has failed to revive an economy on life support. QE is pushing on a string, with limited results--and worse, with increasingly negative consequences as the western economies are in the throes of a debt trap. More debt begets more debt, which dampens economic growth. All QE has done is add more toxic liabilities on to the Fed's balance sheet.
Households suffocating from huge debts don't take on more debt; they cut spending while lenders stop lending to them. Yet, the US government continues on its spending and borrowing binge. The Fed has reached its monetary cul-de-sac, and it's only a matter of time before the bond vigilantes attack all fiat currencies issued by over-indebted (or insolvent) governments. The dollar, while being the cleanest shirt in the dirty laundry bin, won't be the only target.
Google how George Soros single-handedly destroyed the British pound sterling in 1992, as he shorted the currency on a bet the UK would devalue the pound, due to high inflation, high deficits, and relatively low interest rates.
http://blog.milesfranklin.com/the-fed-is-the-problem
The rationale for the existence of central banks is price stability and protection of the soundness of its issuing sovereign currency. The Fed added an official mandate of "full employment" (whatever that metric is). The latest unwritten mandate is to artificially levitate financial markets to prevent the insolvent banking system from imploding.
But the Fed has backed itself into a corner, because its monetary stimulus has failed to revive an economy on life support. QE is pushing on a string, with limited results--and worse, with increasingly negative consequences as the western economies are in the throes of a debt trap. More debt begets more debt, which dampens economic growth. All QE has done is add more toxic liabilities on to the Fed's balance sheet.
Households suffocating from huge debts don't take on more debt; they cut spending while lenders stop lending to them. Yet, the US government continues on its spending and borrowing binge. The Fed has reached its monetary cul-de-sac, and it's only a matter of time before the bond vigilantes attack all fiat currencies issued by over-indebted (or insolvent) governments. The dollar, while being the cleanest shirt in the dirty laundry bin, won't be the only target.
Google how George Soros single-handedly destroyed the British pound sterling in 1992, as he shorted the currency on a bet the UK would devalue the pound, due to high inflation, high deficits, and relatively low interest rates.
http://blog.milesfranklin.com/the-fed-is-the-problem
Wednesday, October 22, 2014
Tuesday, October 21, 2014
Forex-Rigging Fines Could Hit $41 Billion Globally: Citi
Trillions of dollars are traded daily in foreign currency exchange, equities, bond, and commodities markets. Banks are paying up to $41 billion in fines for rigging markets (without having to admit guilt, of course).
Yet, when the clear-eyed insist that precious metals markets are manipulated, which represent less than 1% of investable assets, we're dismissed as crackpots?
Think about that for a second. If one has enough money to buy a state gubernatorial election, doesn't it make sense that it takes much less money to rig a high school prom coronation?
http://www.bloomberg.com/news/2014-10-20/forex-rigging-fines-could-hit-41-billion-globally-citi.html
Yet, when the clear-eyed insist that precious metals markets are manipulated, which represent less than 1% of investable assets, we're dismissed as crackpots?
Think about that for a second. If one has enough money to buy a state gubernatorial election, doesn't it make sense that it takes much less money to rig a high school prom coronation?
http://www.bloomberg.com/news/2014-10-20/forex-rigging-fines-could-hit-41-billion-globally-citi.html
Monday, October 20, 2014
"Anti-Petrodollar" CEO Of French Energy Giant Total Dies In Freak Plane Crash In Moscow
It appears expressing anti-dollar sentiment is a dangerous business these days. See Hussein, Gaddaffi, Putin, and now de Margerie.
http://www.zerohedge.com/news/2014-10-20/anti-petrodollar-ceo-french-energy-giant-total-dies-freak-plane-crash-moscow
http://www.zerohedge.com/news/2014-10-20/anti-petrodollar-ceo-french-energy-giant-total-dies-freak-plane-crash-moscow
Labels:
Anti-Petrodollar,
CEO,
Dies,
Energy Giant,
Freak Plane Crash,
French,
Moscow,
total
Sunday, October 19, 2014
Obama Fights Ebola With A Czar and Soldiers — Paul Craig Roberts
http://www.paulcraigroberts.org/2014/10/17/obama-fights-ebola-czar-soldiers-paul-craig-roberts/
A group of 30 doctors and scientists have published their findings on the website of the New England Journal of Medicine that the ebola ravaging West Africa is a new strain of the disease and was not imported from Central Africa. http://uk.reuters.com/article/2014/04/17/us-guinea-ebola-idUKBREA3G11W20140417 The doctors and scientists’ conclusion is consistent with Dr. Cyril Broderick’s report in the update below that the strain originated in US government biowarfare labs and was injected into humans in Department of Defense field trials that began just weeks prior to the ebola breakout. The US government has a history of using unsuspecting humans for tests. Blacks in Alabama and Guatemalan soldiers and prisoners were infected with syphilis and gonorrhea in order to study the effects of the diseases and to experiment with cures.
University of Illinois law professor Francis Boyle, an expert of the perfidies of the US government, reminds us that Sierra Leone and Liberia, the countries most affected by the ebola outbreak, are two West African countries that host US biological warfare laboratories. Professor Boyle asks how the disease, which is mainly associated with equatorial Congo reached West Africa thousands of kilometers away.
Washington’s response is itself peculiar. The Obama regime sent 4,000 US soldiers to West Africa to fight ebola. Soldiers don’t have training or equipment with which to combat ebola. Why expose 4,000 Americans to an epidemic?
Fidel Castro says Cuba will send extra doctors to help fight Ebola
So how does Cuba, home of the "slaves" (and one of the best healthcare
systems in the world), send more doctors to Africa to help fight Ebola,
while the US (home of the free) sends 4000 troops? Cuba wants to
cooperate with the US--even though the US has put on perpetual economic
bans on Cuba for decades?
http://www.bbc.com/news/world-africa-29679608
http://www.bbc.com/news/world-africa-29679608
Labels:
Cuba,
extra doctors,
Fidel Castro,
fight Ebola,
Send
Saturday, October 18, 2014
Friday, October 17, 2014
Thursday, October 16, 2014
Wednesday, October 15, 2014
Tuesday, October 14, 2014
The QE4 Countdown Has Begun
Even with QE3 winding down, talk of QE4 is already surfacing. QE to infinity, bitchez!
http://www.zerohedge.com/news/2014-10-14/qe4-countdown-has-begun
http://www.zerohedge.com/news/2014-10-14/qe4-countdown-has-begun
Monday, October 13, 2014
Sunday, October 12, 2014
SGE Chairman: 2013 Chinese Gold Demand Was 2000t
The gold cartel suppressing the price of gold is about to be squeezed--and hard. China is publicly declaring how much gold they are consuming. And the number is a lot bigger than "official" data from the World Gold Council, which is ironic given the WGC is supposed to be endorsing the gold industry on behalf of its constituents. Instead, the WGC has become a mouthpiece for the bullion banks who are suppressing the price of gold.
https://www.bullionstar.com/article/sge%20chairman%20xu%20luode%20chinese%20gold%20demand
https://www.bullionstar.com/article/sge%20chairman%20xu%20luode%20chinese%20gold%20demand
Labels:
2000t,
2013 Chinese Gold Demand,
Chairman,
SGE
Dallas Hospital Worker Tests Positive For Ebola In First Person-To-Person Transmission On US Soil
http://www.zerohedge.com/news/2014-10-12/dallas-hospital-worker-tests-positive-ebola-first-person-person-transmission-us-soil
And then there was #2. A few hours ago, Texas Health Presbyterian Hospital, announced that a health care worker who cared for dying Ebola patient Thomas Eric Duncan, has tested positive for the virus after a preliminary test, officials said early Sunday. If confirmed, it would be the first known person-to-person transmission of the disease in the United States. The name of the patients is currently unknown, what is known however, is that the worker was "considered to be at low risk for contracting the virus" and the he or she was wearing full protective gear when treating Duncan, suggesting - yet again - that there is a transmission mechanism which is not accounted for under conventional protocol.
Saturday, October 11, 2014
Shocking Event To Change Entire Global Financial Architecture
My guess is that the financial elites realize the significance of this gold referendum in Switzerland and will launch an anti-initiative campaign. Because if the Swiss adopt this referendum, the price of gold (and silver) will soar--permenently. The days leading up to November 30 will be very interesting indeed.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/11_Shocking_Event_To_Change_Entire_Global_Financial_Architecture.html
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/11_Shocking_Event_To_Change_Entire_Global_Financial_Architecture.html
Labels:
change,
Entire,
Financial Architecture,
global,
Shocking Event
Friday, October 10, 2014
Thursday, October 9, 2014
Wednesday, October 8, 2014
Tuesday, October 7, 2014
Monday, October 6, 2014
Desperate West Using Psychological Warfare Against Investors
When your opponent is smarter, more powerful, and has more resources, you have to have stronger resolve.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/7_Desperate_West_Using_Psychological_Warfare_Against_Investors.html
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/7_Desperate_West_Using_Psychological_Warfare_Against_Investors.html
Labels:
desperate,
investors,
Psychological Warfare,
West
California drought may leave entire communities with no water in 2 months
http://rt.com/usa/191688-california-drought-communties/
“Nobody has any idea how disastrous it’s going to be,” Mike Wade of California Farm Water Coalition told the Associated Press. “Is it going to create more fallowed land? Absolutely. Is it going to create more groundwater problems? Absolutely.”
Labels:
California,
drought,
entire communities,
with no water
Saturday, October 4, 2014
Clearly Europe Has A Crushing Deflation Problem... Oh Wait
This is the fundamental problem with neo-Keynesian economists: they believe deflation is the biggest impediment to economic growth. It is, to a certain extent--to the banking system, for starters. But to the masses, rising prices against a backdrop of declining incomes is destroying the middle class and under class.
Injecting liquidity to solve a debt problem worsens the vicious cycle of more indebtedness.
http://www.zerohedge.com/news/2014-10-04/clearly-europe-has-crushing-deflation-problem-oh-wait
Injecting liquidity to solve a debt problem worsens the vicious cycle of more indebtedness.
http://www.zerohedge.com/news/2014-10-04/clearly-europe-has-crushing-deflation-problem-oh-wait
Labels:
Crushing Deflation,
Europe,
inflation,
Oh Wait,
problem
Friday, October 3, 2014
Golden Rule
Alan Greenspan was a gold bull in 1966. Then he feigned ignorance about told when appointed as Fed Chairman. Now that he is out of office, he is once again bullish on gold. Predictable, isn't it?
http://www.foreignaffairs.com/articles/142114/alan-greenspan/golden-rule
http://www.foreignaffairs.com/articles/142114/alan-greenspan/golden-rule
Labels:
Golden Rule
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