Friday, February 27, 2015

Is This The Most Terrifying Interview Of 2015?

I've been following GATA for a long time.  I highly recommend you do too.

Paul Craig Roberts – Nuclear War Now Threatens To Destroy The World

Debt Crash

Infographic: Someone please show this to Warren Buffett (Gold vs. the Financial System)

Provocation? NATO Conducts Military Maneuvers 300 Yards From Russia's Border

Greenspan: "The Stock Market Is Great", But The Economy Feels Like In "The Late Stages Of The Great Depression"

I'm taking the over/under wager proposition on when former Fed Chairman Alan Greenspan-turned-truthsayer is demonized by the mainstream financial press.  Another side bet could be made on when current Fed Chairperson Janet Yellen will accuse Greenspan of being a turncoat.

Here Is What Americans Spent Their "Gas Savings" On

Sunday, February 15, 2015

Why I’m Not Breaking Up with America This Valentine’s Day

Central Banks Are Boosting Their Gold Reserves

This refutes earlier reports from mainstream media that Russia was selling its gold to raise reserves.  Quite the opposite:  Russia is accelerating their gold purchases to prop up the rouble.  Eventually, between China and Russia (and Iran), their respective currencies will be backed by gold.  This would destroy the value of fiat currencies from insolvent western economies.

Swiss Bank Says Investors Favor Gold Amid Charges on Cash

Negative interest rates are pretty much unprecedented.  Instead of paying investors interest on deposits, banks are charging depositors interest to park their money.

Given the risks inherent in IOU's (interest rate, reinvestment, inflation, default, rating downgrades, liquidity), it's mind-boggling that investors are buying debt instruments at all.  But to be charged an interest rate on top of all the negatives indicates a financial universe gone mad.

Saturday, February 14, 2015

How the Fed Presidents’ Assets Stack Up

Federal Reserve Bank presidents and governors are often deservedly portrayed as anti-gold proponents (at least while they are in office) due to their official mandate to support a strong dollar policy (and unofficial mandate to suppress precious metals).  For the alert, check out Dallas Fed President Richard Fisher's portfolio.  It belongs in the "do as I do, not as I say category."

On the contrary, Fisher's hawkish tone often is the lone dissenting voice against a dovish Fed stance.  so Fisher talks the talk, and actually walks the walk.
Mr. Fisher, a constant siren on the subject of inflation, owns at least $1 million in gold, and smaller quantities of platinum and uranium, popular investments for those who fear inflation.

Thursday, February 12, 2015

The "Catastrophic Shutdown Of America's Supply Chain" Begins: Stunning Photos Of West Coast Port Congestion

We now have our black swan--or "exogenous" event which will crater the US economy.   It will be a convenient scapegoat for propaganda economists to blame on soon-to-be-tanking economic and capital markets.

Tuesday, February 10, 2015

Marc Faber – Governments To Seize People’s Gold

Some Words Of Advice From Kyle Bass

This a re-run of Kyle Bass, who forecasted the subprime mortgage meltdown and financial crisis of 2008.  His predictions in 2011 have not come to fruition--at least not yet.  His purchase of a $1 million of nickels is extreme, but it's a classic move coherent with Gresham's Law.  Sorry readers, some things you'll just have to Google.

Fearing Grexit, Greeks Turn To Gold Again

Stunning Chart Of The Day: For The First Time Ever, Central Banks Will Monetize More Than 100% Of Global Sovereign Debt

Government debt is (un)officially a giant Ponzi scheme, and by extension, so are the currencies they issue.

Another JPMorgan Banker Dies After Murder-Suicide: Chokes Wife, Stabs Himself To Death

How Wall Street, In Broad Daylight, Took Over The US Government

Grilled Cheese and $100 Million of Irrational Exuberance

Have fun at the disco party, but keep an eye on the exit door in case the music stops.

Friday, February 6, 2015

Stocks, Bond Yields, & The Dollar Surge On "Good News Is Good News" Jobs Report

The "gold will tank on jobs report Friday" trade worked again like a charm.  This is a gift from the precious metals price manipulators.  Buy the dip.

Did The BLS Forget To Count Thousands Of Energy Job Losses?

Richard Russell – What Central Banks Don’t Want You To Know About A $199 Trillion Nightmare

Paul Craig Roberts – The Matrix Is Real & How It Will Change All Of Our Lives: Trends Journal Exclusive

The author of this article sounds like an anti-American, conspiratorial, lunatic fringe blogger who's gone off the reservation.  He manages to demonize both aisles of our political spectrum.  The only problem with that narrative is he is a former Assistant Secretary of the US Treasury for Economic Policy, who worked for the Reagan administration.  Here is his impressive curriculum vitae:

In other words, he was part of the financial status quo.  Yet today, he is exposing the lies and shenanigans of our government and complicit media.

Events Now In Motion In Greece That Will Create Worldwide Chaos And Massive Problems For Mankind

Thursday, February 5, 2015

World heading for financial crisis worse than in 2008 — China’s Dagong rating agency head

Wow, truthiness from a credit ratings agency.  Too bad it came from a Chinese agency publishing their opinions on a Russia media outlet.

Tuesday, February 3, 2015

These Were The Best Performing Assets In Volatile January
Actually, come to think of it, we doubt anything will be said in the mainstream media about January's two best performing assets in USD terms either: silver and gold.

German Bund Yields Below Japanese Bonds For First Time Ever As BoJ Loses Control

I've been watching the Japanese government bond market for a while.  This could be the beginning of the end for Japan.  If/when the Bank of Japan loses control of the yield curve, Japan is cooked--due to its huge debt-to-GDP ratio.  This could be one of many black swans in global markets.  Unfortunately, Japan is the precursor to all insolvent western economies.

Is The "Other" Most Crowded Trade Of 2015 Starting To Crack?

If crude oil did indeed bottom out last week, accompanied by peaks in the USDollar and US Treasury bond prices (i.e. a bottoming of yields), guess where gold and silver are headed?  Of course, nothing rises or drops in a straight line, so high volatility in all asset classes should not be surprising.  Prices at the gas pump have already jumped higher.

The Big Lie: 5.6% Unemployment

Sunday, February 1, 2015

UAF storm Donetsk Airport and get their asses handed to them by NAF. FULL VERSION [Warning: Graphic]

I'm sure this very disturbing video will be taken down soon.  Ukrainian armed forces are captured and paraded through eastern Ukrainian civilian groups imploring the Ukrainian military to stop shelling their own country.

Who are the evil forces?  "Russian separatists" backed by Putin, or Ukraine Prime Minister Poroshenko, who was put into power by NATO and the US?

‘Group-Thinking’ the World into a New War

This is an alternative view from mainstream media.

Nomi Prins: The Sinister Evolution Of Our Modern Banking System