Thursday, March 3, 2016

The Tragedy Of California's Public Pensions

http://www.zerohedge.com/news/2016-03-02/tragedy-californias-public-pensions

"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

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

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

Tuesday, March 1, 2016

Peddling Non-Fiction

http://www.zerohedge.com/news/2016-03-01/peddling-non-fiction

Reality Check: No Matter Who Wins the White House, the New Boss Will Be the Same as the Old Boss

https://www.rutherford.org/publications_resources/john_whiteheads_commentary/reality_check_no_matter_who_wins_the_white_house_the_new_boss_will_be_the_s

Sunday, February 28, 2016

America Is In A Proxy War With Itself In Syria

CIA-backed rebels are fighting Pentagon-backed rebels in Syria.

http://www.buzzfeed.com/mikegiglio/america-is-now-fighting-a-proxy-war-with-itself-in-syria?utm_term=.jpVOPMmA0#.usjOBGyXA

Saturday, February 27, 2016

A Dire Warning And Total Global Collapse

http://kingworldnews.com/a-dire-warning-and-total-global-collapse/

Friday, February 26, 2016

BREAKING: US government releases its 2015 financial statements

https://www.sovereignman.com/trends/breaking-us-government-releases-its-2015-financial-statements-18735/?inf_contact_key=42e3952866beaba31a1e150a579857a56a82ce80eb17c32f69076f73ae1dfba5

ALERT: Paul Craig Roberts Just Warned The Global Financial House Of Cards May Not Make It Through This Year

http://kingworldnews.com/alert-paul-craig-roberts-just-warned-the-financial-house-of-cards-may-not-make-it-through-this-year/

Thursday, February 25, 2016

Jack Ma - Founder of Alibaba

"The worst people to serve are the poor people."

http://video.genfb.com/10153864035295365

Negative interest rates in the US? Just ask the FDIC.

When I was giving presentations on imminent bank bail-ins in 2013, I specifically pointed out inadequate FDIC funds. Simon Black confirms the numbers today.

https://www.sovereignman.com/trends/negative-interest-rates-in-the-us-just-ask-the-fdic-18723/

Wednesday, February 24, 2016

Gold Is Breaking Out; Goldman Stumped

http://www.zerohedge.com/news/2016-02-24/gold-breaking-out-leaving-goldman-stumped

CNBC: "You would fade this whole gold hike?"

Goldman's Jeff Currie: "Absolutely"

Translation: "sell your gold to us" because as usual things are not working out quite as expected for Goldman's clients who listened.