Saturday, March 26, 2016
Japan's Finance Minister Accidentally Reveals How It All Ends: "War"
Surprise, surprise..the "progressive" solution to economic malaise is war.
http://www.zerohedge.com/news/2016-03-26/japans-finance-minister-accidentally-reveals-how-it-all-ends-war
http://www.zerohedge.com/news/2016-03-26/japans-finance-minister-accidentally-reveals-how-it-all-ends-war
Friday, March 25, 2016
Wednesday, March 23, 2016
It's Official: Canadian Bank Depositors Are Now At Risk Of Bail-Ins
http://www.zerohedge.com/news/2016-03-22/its-official-canadian-bank-depositors-are-now-risk-bail-ins
...we have official confirmation that Canada has just become the latest country to treat depositors as the bank creditors they are, and as such, they too will be impaired, or "bailed-in" the next time a Canadian bank needs to be rescued.
This new "bail-in" regime is spun as benefitting taxpayers; what isn't mentioned is that most of those taxpayers who will be "protected" also happen to be the impaired depositors (also known as creditors) in these soon to be bailed-in banks, which begs the question: just who or what is being protected here?
Thursday, March 17, 2016
Munich Re stashes gold and cash to counter negative rates
I love how insurance agents and financial advisers demonize gold as they sell their paper to unwitting clients. Fiat currency will die an ugly death as it always does.
http://www.reuters.com/article/munich-re-ecb-idUSL5N16O3DE
http://www.reuters.com/article/munich-re-ecb-idUSL5N16O3DE
Tuesday, March 15, 2016
Monday, March 14, 2016
Saturday, March 12, 2016
Wednesday, March 9, 2016
Former Fed President: "We Injected Cocaine And Heroin Into The System To Create A Wealth Effect"
Fisher is looking to avoid the guillotine down the road.
http://www.zerohedge.com/news/2016-03-09/former-fed-president-we-injected-cocaine-and-heroin-system-create-wealth-effect
http://www.zerohedge.com/news/2016-03-09/former-fed-president-we-injected-cocaine-and-heroin-system-create-wealth-effect
Labels:
Cocaine,
Create,
Fed President,
Heroin,
Injected,
Richard Fisher,
system,
wealth effect
Sunday, March 6, 2016
Friday, March 4, 2016
ALERT: Andrew Maguire – Western Central Planners Have Finally Lost Control Of The Gold Market
Long story short: if you think you own gold via the gold ETF holdings like GLD, you don't own any gold. You only have a legal claim to a phantom bar of gold. The same is true if you are long a gold COMEX futures contract, or have your unallocated gold "stored" in a vault. These are merely contracts, legal paper claims to gold bars which don't exist. For every 500 ounces of paper gold traded on a daily basis in financial exchanges, only one ounce of physical gold backs them up.
This is why you should only possess physical gold.
http://kingworldnews.com/alert-andrew-maguire-western-central-planners-have-finally-lost-control-of-the-gold-market/
This is why you should only possess physical gold.
http://kingworldnews.com/alert-andrew-maguire-western-central-planners-have-finally-lost-control-of-the-gold-market/
Why We’re Ungovernable, Part 13: The Unprotected Push Back
I've always said Americans should expect a repeat of the French Revolution--not the American Revolution. The rot is within, not necessarily a foreign culprit.
http://dollarcollapse.com/politics-2/why-were-ungovernable-part-13-the-rise-of-the-unprotected/
http://dollarcollapse.com/politics-2/why-were-ungovernable-part-13-the-rise-of-the-unprotected/
Labels:
Push Back,
ungovernable,
Unprotected
Chicago State University sends layoff notices to all 900 employees
How is this even possible in a "record recovery", according to Obama? In his own backyard, no less.
http://www.chicagotribune.com/news/local/breaking/ct-chicago-state-university-layoff-notices-20160226-story.html
http://www.chicagotribune.com/news/local/breaking/ct-chicago-state-university-layoff-notices-20160226-story.html
BlackRock Suspends ETF Issuance Due To "Surging Demand For Gold"
http://www.zerohedge.com/news/2016-03-04/blackrock-suspends-gold-etf-issuance-due-demand-gold
It appears the huge demand for physical gold (and lack of supply) is finally catching up with the manipulation of paper prices.
Labels:
BlackRock,
ETF Issuance,
gold,
Surging Demand,
suspends
Thursday, March 3, 2016
"It Hasn't Been This Bad Since The Viking Age": Dry Bulk CEO Warns Of Bankruptcy Tsunami, Counterparty Risk
When global trade plummets (and it IS collapsing, despite political rhetoric), companies file bankruptcy, banks collapse, people lose their jobs, and people starve. Result: war.
http://www.zerohedge.com/news/2016-03-03/dry-bulk-ceo-warns-bankruptcy-tsunami-we-havent-seen-market-bad-viking-age
http://www.zerohedge.com/news/2016-03-03/dry-bulk-ceo-warns-bankruptcy-tsunami-we-havent-seen-market-bad-viking-age
Labels:
bad,
Bankruptcy Tsunami,
counterparty risk,
Dry Bulk,
Since,
Viking Age,
warns
Bridgewater’s Ray Dalio Says ‘I’m Not Bearish on Stocks
I saw this interview on Bloomberg TV live this morning and do respect and agree with most of Ray Dalio's opinions on markets and debt cycles. Normally, I would be suspicious of anything a manager of the world's largest hedge fund (Bridgewater) recommends, but Dalio is refreshingly candid in his analysis, which does include criticism of central bank monetary policies.
The interview might have been shocking or disappointing to most audiences, but it was very rational for me. What was more revealing is the fact that Dalio explicitly said a 5%-10% allocation in gold is prudent for any asset portfolio diversification strategy. Bloomberg conveniently left out that part of the interview in their article below.
The reasoning is crystal clear. One of their "own" (i.e. revered financiers) went off the reservation and recommended gold. Yet, while Bloomberg News published an article about the interview's contents, they conveniently refused to include that portion about gold in the article. They covered diverse topics ranging from short-term debt cycles, long-term debt cycles, equities, credit, China, interest rates, the economy, monetary and fiscal policies, to inflation, but the article refuses to mention anything about gold, despite it being a core asset of Dalio's recommendation.
The anti-gold media bias is obvious for anybody alert enough to pick up on it--especially when coming from pro-Wall Street media propagandists like Bloomberg and CNBC. That's exactly why I'm more thoroughly convinced than ever that gold's best days are ahead.
http://www.bloomberg.com/news/articles/2016-03-03/bridgewater-s-ray-dalio-says-i-m-not-bearish-on-stocks
The interview might have been shocking or disappointing to most audiences, but it was very rational for me. What was more revealing is the fact that Dalio explicitly said a 5%-10% allocation in gold is prudent for any asset portfolio diversification strategy. Bloomberg conveniently left out that part of the interview in their article below.
The reasoning is crystal clear. One of their "own" (i.e. revered financiers) went off the reservation and recommended gold. Yet, while Bloomberg News published an article about the interview's contents, they conveniently refused to include that portion about gold in the article. They covered diverse topics ranging from short-term debt cycles, long-term debt cycles, equities, credit, China, interest rates, the economy, monetary and fiscal policies, to inflation, but the article refuses to mention anything about gold, despite it being a core asset of Dalio's recommendation.
The anti-gold media bias is obvious for anybody alert enough to pick up on it--especially when coming from pro-Wall Street media propagandists like Bloomberg and CNBC. That's exactly why I'm more thoroughly convinced than ever that gold's best days are ahead.
http://www.bloomberg.com/news/articles/2016-03-03/bridgewater-s-ray-dalio-says-i-m-not-bearish-on-stocks
Labels:
Bloomberg,
Bridgewater,
gold,
Not Bearish,
Ray Dalio,
stocks
It's Official: Canada Has Sold All Of Its Gold Reserves
My question to all citizens: has Canada sold out its own citizens by depleting its national gold reserves to zero? In my opinion, Canada's finance ministers just bankrupted its future. There will be hell to pay for Canadians.
Please Google "Brown's bottom".
http://www.zerohedge.com/news/2016-03-03/its-official-moment-canada-has-no-gold-reserves-left
Please Google "Brown's bottom".
http://www.zerohedge.com/news/2016-03-03/its-official-moment-canada-has-no-gold-reserves-left
Labels:
All,
Canada,
gold reserves,
official,
sold
Tuesday, March 1, 2016
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