 |
 |
09.30.16- The Financial System Is On
Deutsche Bank may well be the scapegoat this time around just like Lehman was the scapegoat in 2008. Central Banks in collusion can prevent just one bank from collapsing. It was the co-collapsing of AIG and Goldman Sachs that prompted then-Secretary of Treasury, ex-Goldman CEO Henry Paulson, to put in motion the bailout of the U.S. and European banking system. Read More |
 |
09.29.16- As Heavy-Truck Sales Go, So Goes the Economy
Any drop that dramatic could always be an anomaly, but heavy-truck sales have been slipping for two years. Broad weakness in this category has historically been a reliable hint that a recession is on its way. Read More |
|
09.28.16- EU Banking Mayhem, One Bank at a Time, then All at Once
Deutsche Bank had to endure a horrendous Monday after it was leaked on Friday that Merkel had refused to entertain bailing out the bank before the general elections a year from now. Merkel’s popularity has gotten broadsided recently, and bailing out bank bondholders with taxpayer money is just not popular at the moment. Read More |
|
09.27.16- Russia and China accumulates even more gold in August as world prepares for the end of dollar hegemony |
|
09.26.16- Obamacare "Death Spiral" Looms As Co-Op Losses Mount
As concerns about the survival of the Affordable Care Act’s markets intensify, Bloomberg notes the role of nonprofit “co-op” health insurers -- meant to broaden choices under the law -- has gained prominence. Read More |
|
09.24.16- "It May Be Over For The BOJ" - Wall Street Throws Up On Kuroda's "Disastrous" New Policy
We start with Goldman, which as we reported two days ago, admitted not only that what the BOJ is launching is tantamount to a "stealth taper", but more disturbingly, has no idea just how the central bank will effectively control the yield curve: Read More |
|
09.23.16- History Shows the Most Unlikely Time to Invest was Actually the Best Time to Buy
|
|
09.22.16- Great Causes, a Sea of Debt and the 2017 Recession
Famous French hippie and author Voltaire. He wears the same sardonic grin in every painting, whether he’s depicted at a young or an old age, doesn’t matter. His real name was François-Marie Arouet; he adopted the pen name Voltaire (one of 178 different ones he used) after spending 11 months incarcerated in a windowless cell in the Bastille, following the publication of a satirical verse in which he insinuated that the French regent practiced incest with his own daughter. Read More |
|
09.21.16- US Dollar Faces 30% Devaluation As BRICS Prepare for the Return of the Gold Standard!
|
|
09.20.16- The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
|
|
09.19.16- Gold Yuan: Post-Dollar World Order Emerging in Eurasia
Back in April 2016 China launched a yuan-denominated gold price fix on the Shanghai Gold Exchange (SGE), while in June Hong Kong Exchanges and Clearing Ltd. signaled its readiness to introduce a physically-delivered gold futures contract, settled in yuan and the US dollar in September. Read More |
|
09.17.16- "Buy, Hold, & Pray" Is Not An Investment Strategy
The Dow Jones Industrial Average has been going sideways ever since the Commerce Department reported that retail sales in July came to a grinding halt (0.0%) in the month of July. At the same time, the list of companies warning of disappointing sales—Starbucks, McDonald’s, Ford, Burberry, Gap, and many others—suggests trouble in shopping paradise. Read More |
|
09.16.16- The World Is Turning Ugly As 2016 Winds Down
|
|
09.15.16- The Economy: It’s Worse Than I Thought
To that I would say that I’m significantly more bearish than is reflected in my public analysis. I spoke to a couple people today who offered anecdotal stories about their particular business niches – businesses in which new orders are somewhat tied to discretionary spending – and they both said that new business activity is unusually slow and that the last time they experienced new order flow this slow this was in 2008. Read More |
|
09.14.16- Deflation = A Rise in the Standard of Living
Why do we supposedly need inflation? The answer from these liars/idiots would be funny if it weren’t so tragic – because people actually believe it. We supposedly need inflation to help our economies grow, which (if it were actually true) would lead to a rising standard of living. With a bigger “pie”, everyone gets a larger slice. Read More |
|
09.13.16- Connecting the Dots
|
|
09.12.16- If Everything's Doing So Great,
We're ceaselessly told/sold that the U.S. economy is doing phenomenally well in our current slow-growth world — generating record corporate profits, record highs in the S&P 500 stock index, and historically low unemployment (4.9% in July 2016). While GDP growth is somewhat lackluster by historical standards—less than 2% in 2016—it's growth nonetheless. And the rate of consumer-price inflation is hovering around 1%; negligible by historical standards. Read More |
|
09.11.16- The Great 9/11 coverup
|
|
09.10.16- The First Election Debate Could Change Everything
September 26th could be a major turning point in this shock. That date is important because it is the first presidential debate. While I don’t know how the debate will turn out, I do think that the outcome could be surprisingly favorable to Trump. If this is the result, the polls could tighten dramatically. Read More |
|
09.09.16- Stock Trading based on Mainstream Media Perfect recipe for Losses
If CNN, FOX, CNBC, etc. are the primary sources you use to base your investment decisions on, perhaps it is time for a change in strategy. These outlets focus on amplifying the “noise factor”. Their only function is to make sure that the crowd will over react to any given event. There is too much information out there already and 90% or more of it is garbage. Conceivably, Read More |
|
09.08.16- We’re Reaching Point Zero of Debt Creation
We’ve been on a debt spree since the early 1970s when we went off the gold standard, covering every possible angle. Trade deficits, government deficits, unfunded entitlements, private debt – you name it! Our total debt has grown 2.5-times GDP since 1971. How could economists not see this as a problem? How is this the least bit sustainable? It isn’t. We’re hurdling toward a massive financial crisis, and all we have to show for it are financial asset bubbles destined to burst. And when they do, they’ll wipe out the artificial wealth they’ve created for many decades… in just a few years, as they did from late 1929 into late 1932! Read More |
|
09.07.16- From An Industrial Economy To A Paper Economy – The Stunning Decline Of Manufacturing In America
|
|
09.06.16- September Is Market’s Weakest Month of the Year – Why It Could Be Even Worse in 2016
Not only is September infamous for being Wall Street’s worst month of the year dating back to 1928, but professionals fear several other factors that could make it even rockier than usual. Read More |
|
09.05.16- A Timetable for the Dollar’s Demise
Since the dollar is still the lynchpin of this system, the dollar itself will be affected. Whatever affects the dollar affects you, your portfolio and your personal financial security. It is vital to understand the changes underway in order to protect your net worth, and even prosper in the coming transition. Such radical transformations of the international monetary system have happened many times before, including the dual “accords” of the 1980s. These were the Plaza Accord in 1985, and the Louvre Accord in 1987 — named respectively after the Plaza Hotel in New York, and the Louvre Museum in Paris where the key meetings took place. Read More |
|
09.03.16- The Coming Storm for Global Financial Markets
You’d expect to see increased demand for safe-haven U.S. Treasuries, a soaring dollar, falling commodity prices, and increasing investor aversion to junk bonds, emerging market debt and equities and other low-quality securities. But that’s not the case. Read More |
|
09.02.16- The Coming Gold Super-Spike
Right now, if you understand physical gold flows, you could stand to make a fortune in the months and years ahead. Last June, I visited Zurich and was able to meet with some of the most knowledgeable experts and insiders in the physical gold industry. In March, I visited Lugano where I met with the top executive of the world’s largest gold refinery. As a result of these visits to Switzerland, and other points of contact, I have been able to gather extensive information on the major buyers and sellers of gold bullion in the world and the exact flows of physical gold. Read More |
|
09.01.16- Finance is Not the Economy
|
|
08.31.16- The Deep State and the Unspeakable - Mike Lofgren
It is not too much to say that Wall Street may be the ultimate owner of the Deep State and its strategies, if for no other reason than that it has the money to reward government operatives with a second career that is lucrative beyond the dreams of avarice, certainly beyond the dreams of a salaried government employee. Read More |
|
08.30.16- What Life Will Be Like After
|
|
08.29.16- The Market’s Being Set Up For A Hard Fall
But there’s nothing sustainable about it. This latest rebound was the work of eyes-wide-shut day traders and robo-machines surfing on a thinner and thinner cushion of momentum. What comes next, in fact, is exactly what happens when you stop pedaling your bicycle. Momentum gets exhausted, gravity takes over and the illusion of stability is painfully shattered. Read More |
|
08.27.16- Weekend Rant: S&P is Set to Crash 50%, Giving Back 5 Years of Gains
The editor and publisher of the Gloom, Boom & Doom Report said Monday on CNBC’s “Trading Nation” that stocks are likely to endure a gut-wrenching drop that would rival the greatest crashes in stock market history. “I think we can easily give back five years of capital gains, which would take the market down to around 1,100,” Faber said, referring to a level 50 percent below Monday’s closing on the S&P 500. Read More |
|
08.26.16- Stocks at Record Highs for All the Wrong Reasons
|
|
08.25.16- One Can Never Have Too Much Freedom When Building Fruitful Societies
|
|
08.24.16- Jim Grant: "This Will Turn Out To Be Very Bad For Many People"
|
|
08.23.16- 1 Twisted Rule Caused the 2008 Crash –
|
|
08.22.16- The Impossible Italian Job
Italy’s repeated attempts to stave off a full-blown financial crisis and breathe life back into its moribund banking sector can be summed up in four words: too little, too late. In April, it set up a bad bank vehicle called Atlante that was expected to bail out the country’s most troubled lenders as well as allay growing fears of a systemic crisis within the financial sector. With just €5 billion of funds to its name, it did neither. Read More |
|
Central bankers have never had more power; monetary policy has never been stranger. Stock markets are at record highs, but the real economy is stagnate and suffering. The individuals in it are finding it difficult to makes ends meet, and are drowning in debt. All the quantative easing went straight to the top; investment had literally no incentive to flow into the larger body. The system is top heavy, topsy turvy and weak in the knees. Collapse appears inevitable, yet could be a long way off. Read More |
|
Faith Money and the Coming Collapse
|
|
08.18.16- The Reason Our Standard of Living Will Fall
This matters because everything we use depends on cheap energy to maintain the status quo. An EROI of 10/1 is necessary to maintain our current standard of living. The Hills Group project oil will drop to $11.76 by 2020. This may sound good on the surface but cheap oil will not mean much if you have no job and no money to buy it. As the next depression sets in many more people will lose their job and as a result prices will collapse. They project by 2020 we will have 75% fewer gas stations as a result of collapsing oil. Read More |
|
08.17.16- The Day The Dollar Died Part I
The dollar won’t lose its reserve currency status overnight. It won’t be instantaneously inflated into worthless piece of currency, and we aren’t going to see immediate 90% hyperinflation. None of these things are going to happen. What I mean is that in the not-too-distant future, maybe five years, maybe three years, maybe less, we’ll look back and say, “That was the date when everything changed. That was the turning point for the dollar and we didn’t see it at the time.” But those who know what to look for will understand the significance of that date. Read More |
|
08.16.16- Opinion: Why this U.S. market rally gives investors good reason to be cautious
Many factors suggest that the U.S. stock market currently is vulnerable to a decline, maybe a big one. The fundamentals are bleak, for starters. The U.S. economy grew at a dismal 1.2% annual pace in the second quarter, a Commerce Department report released at the end of July showed, and corporate earnings are flat at best. Analysts’ estimates of earnings for the companies in the S&P 500 SPX, +0.35% have declined in each of the last six quarters, according to FactSet Research. Read More |
|
08.15.16- Burning Down the House
|
|
08.13.16- The Brexit Vote And
In this context, I would like to quote two poignant open letters from European friends that were sent out just before the UK referendum. Read More |
|
08.12.16- Why Corporate America Can’t Prop Up Stocks Much Longer Since you’re reading an investment newsletter, you likely own stocks. And if you’re like most investors, you keep up with how the companies you own are performing. You might even listen to quarterly “earnings calls,” which are when CEOs present results and give their outlook on the business. Most of the time, CEOs act as cheerleaders on these calls. If business is bad, they’ll say business is good. If business is good, they’ll say it’s great. And CEOs are notoriously optimistic about the economy. After all, thousands of investors and analysts listen to these calls. CEOs know their stock can crash if they’re pessimistic about the business or economy. Read More |
|
08.11.16- Marc Faber Issues A Stunning Warning That A Gigantic 50 Percent Stock Market Crash Could Be Coming
|
|
08.10.16- US Treasury Yields Go Negative
As rates on government bonds have gone negative in Europe and Japan, the above companies have been big buyers of US Treasury bonds, which still (for some reason) continue to offer positive yields. But according to a Bloomberg analysis published today, Treasuries’ positive yield has recently evaporated when the cost of hedging currency fluctuations is included. Here’s an excerpt: Read More |
|
08.09.16- ZZZZZZZZZZZ....
|
|
08.08.16- Saving the system
However, not only is monetary debasement in any form counterproductive and destroys the personal wealth of the masses, but the economists who devised today’s monetarism have completely lost their way. This article addresses the confusion surrounding this subject, and concludes the real reason for today’s global monetary policies is an ultimately futile attempt to prevent a systemic and economic crisis. Read More |
|
08.06.16- Get ready America... China is preparing to fully challenge the dollar by October
On Aug. 1, China announced that around the 1st of October they will be internationalizing the IMF's Special Drawing Right's (SDR) currency for global use in trade, thus placing the currency basket in play for nations to use instead of the dollar. Read More |
|
08.05.16- The Bank of England Just Provided Us With More Reasons to Own Gold and Silver
|
|
08.04.16- European Banking System on Verge of Collapse; Market Votes 'No Confidence' in Italian Bank Rescue
The ECB's stress tests published on Friday showed Monte dei Paschi has a huge capital shortfall, with the bank's Common Equity Tier 1 (CET1) ratio of negative 2.44 percent. Forget the adverse scenario bit, Monte dei Paschi, Italy's third largest bank and oldest bank in the world is insolvent in any realistic scenario. Read More |
|
08.03.16- EVERYTHING IS RIGGED:
|
|
08.02.16- EXPOSED: The S&P 500 Earnings Fraud
Marketwatch recently conducted an in-depth analysis of the top 50 companies in the S&P 500. And what they found was widespread corruption. An overwhelming majority of America’s blue-chip companies are purposefully promoting false earnings. It’s a sleazy scheme that makes executives rich while masking the true financial state of corporate America. Let me show you just how rotten things have become… Read More |
|
08.01.16- A Potential Life Changing Market
The rally we’re currently experiencing in the PM complex right now and especially the Junior Miners is a potential once in a lifetime event for most investors. Sometimes we get lucky and experience several of these kind of bull markets over a lifetime, but generally your first experience is a learning experience if you can survive long enough to have learned something. Read More |
|
07.30.16- Dollar Hobbled; Technicals Warn of More Losses
Now given the reduced contingent risk of a September hike, the odds of a hike 50-75 bp end of the year target range for Fed funds has fallen to about a 1 in 3 chance. However, if you think that there is no chance of a September hike (doubts about the economic strength) or a November hike (too close to the election), then the odds of a December hike is still close to 60%. Read More |
|
07.29.16- Global trade is not growing slower –
|
|
07.28.16- A Psychiatric Diagnosis Of The U.S. 'Market'
If you think a delusional market is healthy, it's time for a psychiatric exam. What diagnosis would an experienced psychiatrist offer when presented with the bizarre behavior of the U.S. stock market? We assume that the wild mood swings of greed and fear are "normal" for markets devoted to short-term profit and speculation, but the stock market's disconnect from reality is far beyond mere mood swings. Read More |
|
07.27.16- The Blind Leading the Clueless
Most of us watch television. In part, we seek to be entertained, but, additionally, we often seek to be enlightened as to “what’s going on.” In a difficult era like the present one, in which some of the most prominent countries are experiencing the onset of an economic crisis, virtual cartoon characters are competing as choices in political contests, governments are becoming increasingly rapacious and a police state is developing rapidly, it’s not surprising if the average person questions, “What on earth are they thinking?” Well, there’s no shortage of media exposure to answer that question. Today, there are a multitude of channels offering 24/7 “news,” from which we may hope to glean some insight as to what the leaders of the world are thinking. Yet, in spite of the endless folderol being offered, the leadership vision remains about as clear as mud. Read More |
|
07.26.16- Caterpillar Retail Sales Decline For 43 Consecutive Months
|
|
07.25.16- Just a Game
|
|
07.23.16- It Looks Like the Global Debt Bomb Is Ready to Blow
And that $200 trillion, by the way, amounts to around 300% of the world’s GDP, and it’s still growing. Obviously this isn’t sustainable. If you had a credit card debt worth three times as much as your yearly salary, and it continued to grow year after year, you’d be bankrupt in no time. Read More |
|
07.22.16- Could This Rally Be a Head-Fake?
Let's say you wanted to engineer a stock market rally that triggered every technical "buy" signal and wiped out those who are short the market--what would you do? First, you'd engineer a new all-time high to signal "all clear for further advances." Then you'd crush volatility as measured by the VIX, signaling that there is nothing standing in the way of more advances. Read More |
|
07.21.16- The Shopping Mall Death Spiral
The shopping mall is the epitome of America's Suburban Experiment. From a local government standpoint, it was the golden chalice of development, a winner-take-all prize in our race to the bottom. Whoever got the mall was able to steal from their neighbors that fraction of a sliver of retail taxes that local governments receive. When consolidated in one place, that could add up to a significant amount of money, at least for a while. The losers with their crumbling downtowns.....well, they could eat cake. Read More |
|
07.20.16- Six Major Events That Will Change History
Risk is now staring us all right in our face but very few people can actually see it. Read More |
|
07.19.16- We Are Witnessing The Greatest Dichotomy In The History Of Financial Markets
You see, changes in interest rates are typically a very good economic indicator, forecasting future growth and inflation. In recently plunging to new, all-time lows, they have taken out the lows set during the Great Depression. In other words, the bond market is saying the prospects for the economy are not very good and possibly very dire. Read More |
|
07.18.16- A Stock Market Crash Is Waiting, Paid for by the BoJ
You see, Abe wants another round of fiscal stimulus, this one for reportedly $99 billion. And one part of the BoJ’s economic policy in particular could be the biggest catalyst for a stock market crash in 2016. |
|
07.16.16- Weekend Rant: End of an Era - The Rise and Fall of the Petrodollar system
|
|
07.15.16- Greater Fools Storm The Casino
While we are waiting it might be wondered, however, whether nearly two decades of central bank financial repression have not merely destroyed honest price discovery on Wall Street. Perhaps it has actually extinguished brain function entirely among the corporal’s guard of carbon units that remain. Yes, it is not surprising at all that the robo-machines are now gunning for the 2200 point on the S&P 500 charts. That’s what they do. Read More |
|
07.14.16- Elon Musk and Tesla Are the Face of Bubbling Stock Market, but Maybe Not for Long
|
|
07.13.16- The Big Picture Hasn’t Changed: Don’t Get Sucked Back Into the Stock Market Today, the S&P 500 hit a new all-time high. It topped 2,130 for the first time since May 2015. The benchmark index is now up 6.9% over the past two weeks. All good, right? It might seem that way…if we were only analyzing U.S. stocks. The thing is, in nearly every other market, stocks are still headed lower: Read More |
|
07.12.16- China: The Next Crisis
|
|
07.11.16- George Soros predicts riots, police state and class war coming to America
Soros, 81, previously bet against the British pound in the early 90s and made $1 billion off its collapse. In the years since, he’s remained active in investing, but also in advocacy. He’s helped keep Wikipedia afloat thanks to impressive contributions and through donations to the Tides Center, has indirectly funded Adbusters, the Canadian anti-capitalist magazine that put Occupy Wall Street on the map. Read More |
|
07.09.16- The Disastrous Dollar Standard
The current international monetary system which evolved out of the collapse of Bretton Woods will be referred to as the dollar standard — so named because U.S. dollars have become the world’s core reserve currency in place of gold, which had comprised the world’s reserve assets under the Bretton Woods system as well as under the classical gold standard of the 19th century. Read More |
|
By now, many people have probably heard of the word Bitcoin, but chances are that 99% of the world’s population still has no idea exactly what it is or how it actually works. Not only are most completely uniformed when it comes to this new technology, but there is a wide range of differing opinions as to what will come of it, even amongst those within the Bitcoin community. Some highly prominent people have praised it, calling it the “money of the Internet” and offering some very bold statements as to the true paradigm shift that could manifest if Bitcoin proves to be successful. Read More |
|
07.07.16- Hillary Beats the Rap!
After the FBI let Hillary off the hook yesterday for illegally keeping classified material on her personal servers, Arkansas’ first family of con artists are strutting around like O.J. after beating his murder rap. They’re untouchable now… and they know it. They’ve beaten impeachment, the Vince Foster mess, Whitewater, Travelgate, Filegate, Pardongate, the Asian fundraising scandal, the cattle futures scandal, Bubba flying around on the “Lolita Express,” Benghazi… and now the State Department email scandal. Read More |
|
07.06.16- The US is being Isolated, As are the Western Paper Equity Markets?
The truth is, things that are in motion, both up or down, have a measurable life to them. When motion stalls long enough, things give up and die. WG Read More |
|
07.05.16- And Now, for Something
BREAKING: FBI to recommend DOJ not pursue charges in Clinton email investigation: "No charges are appropriate." Read More |
|
07.04.16- Another Fourth of July Rant: “Vince Foster’s Ghost” Reappears – Formally Clinton’s Best Friend
Knowing what is available as a choice for the presidency of this country, it is no accident that common sense, pride in this nation as a Republic [another fact few recognize] and having to “support” a de facto political federal government that does not serve any of the interests of the people, it is no small wonder that a person like Hillary Clinton is the best this country can serve up as a candidate. Read More |
|
07.02.16- Weekend Rant: Brexit pushed the stock market down: Oh the horror
An investor asked God, “Is the stock market an intrinsically woven part of the universe You created?” And God said, “Only if you believe I wanted to create a new sucker every minute.” In the wake of the Brexit vote, and in many other cases where an event is said to be “negative,” stocks plummet. Major media promote these downward actions as evidence that “something bad has happened,” and the “economy is suffering” because of it. Read More |
|
07.01.16- The Safe, Wildly Profitable Volatility Play
Or you would have thought so reading the last week's worth of news, but the Brexit U.S. market correction has been about as mild as they come so far. Sure, there is going to be a headwind on and off for years as this all pans out, but as I said over the weekend, it was a tempest in a teapot. At least as of the writing of this article, the S&P 500 is back in the green by about 1.5%, and after the first bounce since the drop, it is only off about 2%. Read More |
|
06.30.16- Mooning the Elite
BALTIMORE – U.S. stocks bounced on Tuesday, with the Dow up 269 points [and even further on Wednesday, ed.]. Was that all there was? Is the “Brexit” scare over? We don’t know… but we’re going to take a pause today. Instead of trying to connect the new dots, we’re going to take a look at the old dots we’ve already strung together. We’ve been connecting the dots every day (except weekends) for the last 17 years. And today, for the benefit of new readers, old dear readers, and our own benefit too… we step back. What do we see? Read More |
|
06.29.16- Brexit Aftermath -
In my post-Brexit commentary, which can be read here, I then outlined why so many analysts in the mainstream and even in the liberty movement were caught completely unaware by the referendum results. Today, however, I now see hundreds of analysts using the same talking points I argued before the Brexit, but still missing the first and most VITAL underlying truth. The core reason why I was able to discern the Brexit outcome was because I accepted the reality that the Brexit does not hurt globalists — in the long run, it actually helps them. Read More |
|
06.28.16- We Just Witnessed The Greatest One Day Global Stock Market Loss In World History
|
|
06.27.16- George Soros: "Brexit Makes EU Disintegration Irreversible"
|
|
06.25.16- Waiting for Humpty Dumpty
Brexit is a Bear Stearns moment, not a Lehman moment. That's not to diminish what's happening (markets felt like a death in March 2008), but this isn't the event to make you run for the hills. Why not? Because it doesn't directly crater the global currency system. It's not too big of a shock for the central banks to control. It's not a Humpty Dumpty event, where all the Fed's horses and all the Fed's men can't glue the eggshell back together. But it is an event that forces investors to wake up and prepare their portfolios for the very real systemic risks ahead. Read More |
|
06.24.16- 'Explosive shock' as Britain votes to leave EU, Cameron quits
Global financial markets plunged on Friday as results from a referendum showed a 52-48 percent victory for the campaign to leave a bloc Britain joined more than 40 years ago. Read More |
|
06.23.16- 'No Fly, No Buy' Means No Freedom
Last week, these folks, manifesting their lust to keep us dependent upon the government by rejecting the natural right to self-defense, coined a clever phrase: “No fly, no buy.” It sounds rational, yet it rejects core American values. The phrase was pounded home to average Americans during a one-sided 15-hour televised marathon on the floor of the Senate orchestrated by the gun control crowd. Read More |
|
06.22.16- Why the Brexit Could Be
The markets' worry over the possibility of a Brexit – that the United Kingdom may actually pull the trigger and leave the world's biggest economic bloc – has been driving volatility for weeks. Here's the thing… For all the coverage and attention the Brexit is getting, no one's talking about the most frightening prospect – by far – that's going to happen if Britain exits the European Union. Read More |
|
06.21.16- Libertarian Party is the future, US will not be able to restructure debt
|
|
06.20.16- China Must Follow Japan to Survive
A credit-based economy, built around what has effectively been the dollar standard, made it all possible. There’s no limit to the amount of credit that can be created under a fiat money system. And the dollar standard created a very large global boom, as U.S. dollars flooded into countries like China. Between 1990 and 2014, investment in China increased a staggering 50-fold. Between 2007 and 2014 alone, investment in China increased by 236%. In the U.S. meanwhile, investment only increased 6% over that same time period. Read More |
|
06.18.16- The Stock Market Crash Of 2016: Stocks Have Already Crashed In 6 Of The World’s 8 Largest Economies
|
|
06.17.16- Unprecedented Mainstream Media Criticism of Central Banking Bodes Ill for the Larger Economy
There is definitely considerable negativity about central banking in the mainstream media these days. This is surprising, on the one hand, because central banking provides the foundation of the current economic system, worldwide. Read More |
|
06.16.16- Derivatives Expert Warns Globalists Ready to SHUT DOWN Entire Financial System!
The establishment, globalist, elite, 1%, 0.01% whatever you wish to call them they seem to be on a one-way ride straight into the abyss. The global financial systems and global economies all seem to be moving in the same direction at the same time – down the tubes. Read More |
|
06.15.16- The Establishment Has Lost Its Hold On The People, Brexit Gains Momentum
An increasing mass of people is sick and tired of the welfare state that has been created around us and want to get back to good, honest work - the type of hard effort and commitment that made the West the most prosperous nation in the world. Sadly, over the last few decades a growing portion of the population has gotten lazy and have expected more and more from "daddy" government. Read More |
|
06.14.16- It’s Official: China Confirms It Has Begun Liquidating T-Bonds
On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast stack of US paper. Back in July for instance, we noted that China had dumped a record $143 billion in US Treasurys in three months via Belgium, leaving Goldman speechless for once. Read More |
|
|
|
06.11.16- Is The Fed Just Maintaining The Illusion They’ll Raise Rates?
Here’s what has been going on with the economy: We have had layer after layer of job-killing regulations and policy thrown at the deepest and most resilient economy in the world. Yet, she’s still kicking, the American economy. But — and it’s a BIG “but” — the economy is one sick puppy. Obamacare, environmental regulations and corruption, the climate change agenda, higher taxes, etc have all been thrown at the American economic wall. And man, have they sure stuck! Read More |
|
06.10.16- Peter Schiff Issues a Rather Large Economic Warning…“It’s Gonna Be Awful”
|
|
06.08.16- Brexit Could Cause Gold Price to Soar
Driven by the economic turmoil of the global financial crisis, the price of gold soared to record highs before peaking at around $1,900 an ounce in September of 2011. As uncertainties over the financial crisis subsided, gold’s price declined reaching to as low as around $1,050 in November of last year in anticipation of the Fed beginning a new tightening cycle. Read More |
|
06.08.16- Brexit Could Cause Gold Price to Soar
Driven by the economic turmoil of the global financial crisis, the price of gold soared to record highs before peaking at around $1,900 an ounce in September of 2011. As uncertainties over the financial crisis subsided, gold’s price declined reaching to as low as around $1,050 in November of last year in anticipation of the Fed beginning a new tightening cycle. Read More |
|
06.07.16- Federal Reserve Plays Jenga with US Banking System
This is kind of like what the Federal Reserve does with the US banking and monetary system – except they actually claim they are making things more stable as they go. Comments by two Federal Reserve governors last week indicate the central bank will likely require American banks considered “too big to fail” to further bulk up their balance sheets in order to protect against big losses and potential future bailouts in an economic crisis. Read More |
|
06.06.16- The Tipping Point Is Quickly Approaching
Casey Research founder Doug Casey knows it sounds outrageous—and he'll probably get a lot of backlash—but he believes every American needs to be concerned right now… Today and tomorrow, Doug will share his thoughts on this coming crisis…and why it will be much worse—and last much longer—than most people expect… Read More |
|
06.04.16- Race to the bottom gaining traction:
If you had told individuals before 2009 that we would be living in a negative rate environment in the near future, most would have treated you like a lunatic that just escaped from Ward 12. Fast forward a few years and viola, bankers all over the world are embracing negative rates. China devalued the Yuan once again, adding further fuel to the already blazing fire. The Fed will have no option but to lower rates and then Jump onto the negative rate bandwagon. Don’t listen to the nonsense the Fed has been mouthing for months that all is well. We can already see the all is good slogan breaking down to “it’s not as good as we thought" slogan; this will eventually change to “oh my God it’s darn right ugly out there. Read More |
|
06.03.16- A 'tsunami' is about to
At least that's the view of Matthew Mish, credit strategist at UBS. To Mish, the elevated rates of default in the commodity sector and high risk bonds are a harbinger of things to come for the broader debt market. "First, our quantitative framework is signaling a broader deterioration in the default outlook, with our model projecting default rates of 4.3% over the next 12 months (versus 2.6% one year prior)," Mish wrote in a note to clients on Thursday. Read More |
|
06.02.16- Why The Next Black Swan
What I discerned from many of his responses was just how inadequately prepared, justifiably frightened, as well as, an overwhelming sense of foreboding was lying right below the surface of those many might deem from the outside looking in as people of wealth, industry leaders, or people who are just assumed to be “well off.” Read More |
|
06.01.16- On the Road to Panicville
|
|
05.31.16- Immediate Risk of Systemic Lehman Event
|
|
05.28.16- Weekend Rant:
|
|
05.27.16- We Have Entered
Having successfully used the EU to conquer the Greek people by turning the Greek “leftwing” government into a pawn of Germany’s banks, Germany now finds the IMF in the way of its plan to loot Greece into oblivion . The IMF’s rules prevent the organization from lending to countries that cannot repay the loan. The IMF has concluded on the basis of facts and analysis that Greece cannot repay. Therefore, the IMF is unwilling to lend Greece the money with which to repay the private banks. Read More |
|
05.26.16- Negative Interest Rates Set to Propel the Dow Jones to the Stratosphere?
Central bankers wanted to put the fear of God into the masses and to a large degree they have succeeded in doing so; the masses are so afraid that they continue to hoard their money and refuse to put into the market, and that is why this Bull-Market is the most hated in history. Nine years and counting and you would think by now they would have surrendered these false beliefs as the Bears have been decapitated, and the naysayers are hiding in the woodwork. Read More |
|
Under Recommendations, #31, section 2, he found this:
|
|
05.24.16- Zombie Economy Soon to Have its Zombie Epocalypse
The market’s inability to rise without falling again is getting to be nerve racking for those who stayed in the market, trying to make it work for themselves. For Dennis Gartman, who writes the very influential Gartman Letter, last Wednesday was, in fact, one of the worst career days of his life: Read More |
|
05.23.16- Another Stern Stock Market Crash Warning Was Just Issued by the IMF
The IMF, an organization of 189 countries, is worried about the ripple effects should the United Kingdom vote to leave the European Union (EU). A British vote to exit the EU, or “Brexit,” could have significant and negative effects on the UK economy, the IMF said last Friday. The quickly approaching Brexit voting date is June 23. Read More |
|
05.21.16- Observations From The Heart Of Silicon Valley Yesterday I made the 2-hour drive back to Silicon Valley, where I lived for 15 years before moving out to the country. I rarely go back, as I miss very little about the hyper-elite scene there. When I do, though, I feel I have a useful 'insider-now-outsider' perspective that allows me to see things there more accurately than those who live in that fishbowl 24/7. Read More |
|
05.20.16- This S&P 500 Death Cross’ Could Be The Real Deal
In a note to clients, Intermarket Strategy Ltd. Chief Executive and Strategist Ashraf Laidi points out that the S&P 500’s 50-week moving average is falling below its 100-week moving average. This “statistically significant” death cross has only happened twice is the past two decades, Laidi points out. Read More |
|
05.19.16- The Eurozone is the greatest danger With markets everywhere disrupted by interventions from central banks, governments, and their sovereign wealth funds, economic progress is being badly hampered, and therefore so is the ability of anyone to earn the profits required to pay down the highs levels of debt we see today. Money that is invested in bonds and deposited in banks may already be on the way to money-heaven, without complacent investors and depositors realising it. Read More |
|
05.18.16- America: The Future Third World Country
These high paying jobs meant that some of the wealth created by making things went to the workers. Before long, corporations began working on ways to keep more of that wealth. Enter the free trade agreement. By drafting and passing a number of free trade agreements, the corporations created a way to make their goods cheaper with overseas labor and keep more of the profit for themselves and their Wall Street owners. The deep pockets of the middle class began to dry up. Read More |
|
05.17.16- America: A Nation of Idiots
That’s a poll question posed to American primary voters recently. And roughly 30% of Republicans and 20% of Democrats replied “yes.” Why does a sizeable chunk of America want to annihilate the fictional city in Disney’s 1992 film Aladdin? Simple answer: They are brain dead. Effectively, victims of full frontal lobotomies. They live in a fantasy… as fake as the made-up city of Agrabah that they want to carpet bomb. Read More |
|
05.16.16- All the King's horses and all the King's men
The more things change, the more they stay the same. For those of us who have developed the bad habit of prognostication, the more they stay the same. I have come to the conclusion, after having attempted to absorb the thoughts and prognostications of many highly intelligent people, that there are basically four groups that are involved in determining the future of the US Economy. Some of that determination is a result of either pushing or pulling, although most of it is a result of doing nothing, which is the collective contribution of the largest group. The largest group is made up of the sheeple, with the occasional good and bad clown popping up every now and then. Read More |
|
05.14.16- Penny Mining Stocks...Rick Rule Top Picks
Here is my summary of of the last time Rick Rule was on BNN Market Call. Argonaut Gold – You have had a nice move in Argonaut. Might be wise to take a little money off the table if you have a profit. Lots of risk in the smaller gold companies including Argonaut. Stay in the gold trade. Read More |
|
05.14.16- Penny Mining Stocks...Rick Rule Top Picks
Here is my summary of of the last time Rick Rule was on BNN Market Call. Argonaut Gold – You have had a nice move in Argonaut. Might be wise to take a little money off the table if you have a profit. Lots of risk in the smaller gold companies including Argonaut. Stay in the gold trade. Read More |
|
05.13.16- Macy’s Crushed By Amazon, Italian Banks Crushed By Euro
First, consider the bricks and mortar retailers. Amazon, the dominant online seller of virtually everything, reports a spectacular quarter with soaring sales and (fairly new for them) strong profits. But in a world of flat consumer spending, where families have already used up their savings, their kids’ college funds and the loose change in their sofas to make ends meet, one store’s feast is necessarily another’s famine. And the physical retailers — which require you to actually go to them in order to buy their stuff — now find the water hole dry and the trees barren of leaves. Here’s what Macy’s reported this morning: Read More |
|
05.12.16- Stuck with dangerous dollar dominance
Alarming bouts of volatility in world financial markets over the past 12 months have been rooted in a fear of what happens when a world with its highest-ever peacetime debt pile faces even a hint of higher interest rates. Despite a constant narrative about U.S. households and banks paying down debts ever since the global credit crash eight years ago, any 'deleveraging' that did happen was more than offset by higher government, corporate and personal debt around the globe in Europe, China and across emerging markets. Read More |
|
05.11.16- With A Historic -150% Net Short Position, Carl Icahn Is Betting On An Imminent Market Collapse
|
|
|
|
05.09.16- The Bull Market in Stocks May Be Done
The Stock Market and the Economy In a free market they are, of course. However—and this cannot be said too often—we don’t have a free market. We havemonetary policy. This is how our central planners try tostimulateus. They create awealth effect. Read More |
|
05.07.16- Coming Bank Run Will Send Gold to $3,000+
You reach in your pocket to grab your wallet. It’s gone… All your cash, credit cards, and debit cards are in it. You can’t buy food…or a cab ride…or anything. You try not to panic. What will you do? This feeling, multiplied by 1,000, is what a bank run feels like. Read More |
|
05.06.16- Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing
|
|
05.05.16- US economy is headed for a recession
This past week the U.S. government announced the contry’s economy rose in the January-March 2016 at a mere 0.5 percent annual growth rate. Since the U.S., unlike other countries, estimates its GDP based on annual rates, that means for the first quarter 2016 the U.S. economy grew by barely 0.1 percent over the previous quarter in late 2015. Growth this slow indicates the US economy may have “slipped into ‘stall speed’, that is, growth so weak that the economy loses enough momentum and slides into recession”, according to economists at JPMorgan Chase. Read More |
|
The Brink of Economic Collapse? How Did This Happen?
I was especially curious to determine if the core mechanics of demand and supply, the stuff you learn in the first 10 minutes of your very first lecture in Economics 101, were still functioning as they should be… Read More |
|
05.03.16- The End Of America?: 13 Catastrophic Events Which Could Soon Lead To An American Apocalypse
|
|
05.02.16- What the Heck is Going on With the Dollar and “Fear?”
Silver rose 1.7% on Friday to $17.80 an ounce. During the day, it kissed the highest price since January 2015. It has jumped 15% in April. The yen, which the Bank of Japan successfully crushed for a while, has re-soared, from ¥126 to the dollar in June last year to ¥112 by last Wednesday morning in Tokyo. At that point, the BOJ announced that it would keep its scorched-earth campaign of negative interest rates and money printing unchanged, rather than adding to it. This disappointed the hedge fund community that had been cocksure that the BOJ would throw more fodder their way. Read More |
Copyright © 1996-2016
Silver Bear Communications
Disclaimer & Privacy
Statement
Website
Design, Hosting , and Maintenance provided by
“The state within a state is hiding mostly in plain sight. The pressure to conform to an authority figure or peer group can cause people to behave in shocking ways.
If you have been waiting for a public announcement or news headline to let you know that an economic collapse has begun, you are in for the surprise of your life. If history in other countries and in Detroit, Michigan is any indication, there won’t be an announcement. An economic collapse tends to sneak up on a city, region, or country gradually over time. In some cases, the arrival of an economic collapse is so gradual that most people living in it aren’t even aware of it at first. 
The market’s melt-up since the Feb. 11 interim low has been positively surreal. It has gone up 19% since that February low of 1,829 on the S&P 500.
The notoriously bearish Marc Faber is doubling down on his dire market view.
The latest stats from Wall Street have confirmed what we already knew — that the dog days of this summer have been among the dullest ever recorded. “The past 30 days have been the least volatile of any 30-day period in more than two decades,” reported the Wall Street Journal Tuesday beneath the headline “Stock Market Turns Eerily Quiet”. Is it the calm before the storm — or simply a lull before the next big rally? The evidence is persuasive that it is the former, and that in the current economic environment, it is ominous. For one, the stock market has moved steadily higher into new-record territory despite the downtrend in U.S. corporate earnings over the last five quarters. There are numerous other red flags as well. “Smart money has been coming out of the market for quite a while,” notes our old friend Garrett Jones in his latest Observations. 
Being an Ideologue Means Never Having to Say You’re Wrong … “Communism would have worked, if the Soviet Union had only tried it for real.” … For any political-economic ideology, there is always a hard core of believers who will never waver in their conviction that if only the program were tried in its pure form, it would succeed. Any failures — even debacles on a grand scale, including the fiasco of 20th century communism — will be chalked up to ideological impurity and improper application.- Bloomberg 
James Grant, Wall Street expert and editor of the investment newsletter «Grant’s Interest Rate Observer», warns of a crash in sovereign debt, is puzzled over the actions of the Swiss National Bank and bets on gold.
When you start digging into the forces behind the last major financial crisis of 2008, it becomes abundantly clear that global banks and their risky policies had a heavy hand in draining billions of dollars from Americans’ pockets. More specifically, the problem arose because these mega banks worked the system to avoid keeping an appropriate amount of reserve capital to cover their investments – essentially refusing to maintain a safety net to keep them from failing if their investments went south. Here’s why it looks like they’re getting ready to do it all over again. 
These are truly unprecedented times.
The prosperity we once knew as a nation was made possible because of cheap oil. When the EROI, Energy Returned On Invested, was at 30/1 we had unprecedented prosperity. The EROI is now falling below 10/1 and is taking prosperity with it. The EROI is the amount of energy we expend to get energy, in this case oil, out of the ground. We are getting 10 units of energy for every unit we expend to get it. Shale oil production results in 5 units of energy for every unit we expend.
Will history record September 4th, 2016 as the day the dollar died? Before continuing, let me make it clear that you aren’t going to wake up on September 5th to find anything noticeably different…
There’s a new feature to the Anything-Goes-and-Nothing-Matters economy: Nothing-Adds-Up. The magicians who pretend to measure the growth of GDP (Gross Domestic Product — the monetary value of all the finished goods and services) came up with a second quarter “adjusted” figure of 1.2 percent. That would have to be construed by anyone acquainted with basic econ stats as perfectly dismal. And yet the Bureau of Labor Statistics put out a sparkly Nonfarm Payroll Report of 255,000 for July, way above the forecast 180,000. 
The Brexit vote was never just about whether the Brits would reject rule from Brussels. The real issues were much broader and felt across the whole EU—an arrogant and undemocratic elite, its disastrous economic policies and an increasing gap between haves and have-nots, the first being the cause of the second and the second the cause of the third. To paraphrase what one disillusioned British voter told The Guardian: if you’ve got money, you vote in; if you ain’t got no money, you vote out.
Corporate America is bracing for tough times...
Are we about to witness one of the largest stock market crashes in U.S. history? Swiss investor Marc Faber is the publisher of the “Gloom, Boom & Doom Report”, and he has been a regular guest on CNBC for years. And even though U.S. stocks have been setting new record high after new record high in recent weeks, he is warning that a massive stock market crash is in our very near future. According to Faber, we could “easily” see the S&P 500 plunge all the way down to 1,100. As I sit here writing this article, the S&P 500 is sitting at 2,181.74, so that would be a drop of cataclysmic proportions. The following is an excerpt 
Negative interest rates are an existential threat for insurance companies, pension funds and other financial entities that need positive investment returns to survive. 
Wake the fuck up! Today we turn from the sordid dumbshow of Election 2016 to the parlous mysteries of finance and economics behind our sick politics. Most of the commentary in the mainstream special needs news media is based on the incorrect notion that the current disposition of things is sure to continue and therefore all we have to do is manage the familiar dynamics of the operating system in place. For instance, Grand Vizier Paul Krugman in today’s New York Times pimping for the US to issue ever-greater debt to repair US infrastructure. Does it seem like a sound idea? Borrow tons more money to get American running gear back in order so we can return to a growth economy. 
An interesting, but extremely important piece of news fell through the cracks earlier this week, that has the potential to be one of the most powerful attacks on the dollar's reserve currency status since 1973. And it appears to be happening using the West's own mechanism against them.
Yesterday the Bank of England cut its main interest rate from 0.5% to 0.25% for the first time, marking its first interest rate change since March 2009, and provided all of us with more reasons to keep converting fiat currencies into physical gold and physical silver. In addition the BOE announced an increase in its QE bond-buying program of £60bn to £435bn. And in response, the British pound immediately fell by 1% to the USD and traders added to their British pound longs, exceeding previous record net long positions in the pound recorded three years ago. 
European bank shares are down for the second day following a last minute bailout
package aimed at Italian banks one day before a stress test showed Monte dei
Paschi would be insolvent in an adverse scenario.
(NaturalNews) After witnessing how Reuters just 
A new research report has corporate America and Wall Street reaching for damage control…
The markets have a way to push you just beyond your limits to get you to do the wrong thing at the wrong time and then reverse on a dime. The bearish sentiment from just a casual observation over the last few weeks has felt like there was no way the bulls could rally the PM sector higher before there was a decent correction. In a new bull market the surprises come to the upside and not the downside.
The US dollar advance was stopped in its tracks by the disappointingly weak Q2 GDP figures. The 1.2% annualized growth rate was roughly half of the pace expected. The FOMC statement earlier in the week did not leave the impression that a September hike was likely, and with the poor growth numbers, the odds were downgraded further.
Falling rates of global trade growth have attracted much comment by analysts and officials, giving rise to a literature on the ‘global trade slowdown’ (Hoekman 2015, Constantinescu et al. 2016). The term ‘slowdown’ gives the impression of world trade losing momentum, but growing nonetheless. The sense of the global pie getting larger has the soothing implication that one nation’s export gains don’t come at the expense of another’s. But are we right to be so sanguine? 
Schizophrenic Disconnect From Reality, Bipolar Mania, Psychotic Delusions of Wealth
There was a time when Caterpillar was considered a key bellwether for trends in global heavy industries, and thus a proxy for the manufacturing sector. However, over the past 3 years that has not been the case for one simple reason: if one looks only at trends revealed by CAT's retail sales the global economy has been mired not in a recession but an unprecedented depression, one which has now lasted some 43 months. That's how long CAT has gone without a single positive month in global retail sales, well over double the duration of the acute collapse in demand following the financial crisis. 
If only Fed Governors and Presidents understood a little bit more about Monopoly, and a tad less about outdated historical models such as the Taylor Rule and the Phillips Curve, then our economy and its future prospects might be a little better off. That is not to say that Monopoly can illuminate all of the problems of our current economic stagnation. Brexit and a growing Populist movement clearly point out that the possibility of de-globalization (less trade, immigration and economic growth) is playing a part. And too, structural elements long ago advanced in my New Normal thesis in 2009 have a significant role as well: aging demographics, 
If there's nothing supporting this rally but euphoric sentiment arising from orchestrated
buying, any eruption of reality will reveal the rally as a head-fake.
Did the people who built this think it would fail in less than a generation? The answer might surprise you.
Investors globally have never faced risk of the magnitude that the we are now exposed to. But sadly very few are aware of the unprecedented risks the world is facing. For the ones who understand risk and take the right decisions, it will “lead to fortune”. Only very few will choose that route. Instead most investors will continue to live in the hope that current trends will go on forever but sadly these people will end up “in shallows and in miseries”.
Interest rates are now hitting record-lows while stocks hit record-highs; this has never happened before. Nor should it ever happen.
The intricate relationship between energy markets and our global financial system, can be traced back to the emergence of the petrodollar system in the 1970s, which was mainly driven by the rise of the United States as an economic and political superpower. For almost twenty years, the U.S. was the world’s only exporter of petroleum. Its relative energy independence helped support its economy and its currency. Until around 1970, the U.S. enjoyed a positive trade balance. Oil expert and author of the book “The Trace of Oil”, Bertram Brökelmann, explains a dramatic change took place in the U.S. economy, as it experienced several transitions: First, it transitioned from being an oil exporter to an oil importer, then a goods importer and finally a money importer. This disastrous downward spiral began gradually, but it ultimately affected the global economy. 
Since last Friday’s phony jobs report the casino has become so unhinged that analysis is beside the point. A picture worth an eventual thousand point drop on the S&P 500 will do the job.
I can’t think of any governance red flags during the Steve Jobs era at Apple (the one exception being the stock-option backdating issue, which was settled). By contrast, there have been many at Tesla. Perhaps the Tesla bulls would say that the combination of Musk’s brilliance as well as the potential size of the electrical car market more than compensates for a few red flags. My guess is that Steve Jobs would have been envious at the many benefits of the doubt, as well as the acceptance of continual losses, which investors continue to bestow upon Tesla’s management and its stock price. 
Stocks are on a tear right now…
Billionaire investor George Soros has a new prediction for America. While it might be as dire as it gets for the financial wiz, this bet concerns more than just the value of the buck. According to Soros, there’s about to be an all-out class war.
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford, Founder of Ford Motor Company
The Clintons are back, baby!
One of the most common questions I face is, “when will the stock market and or the paper equity markets, reflect the true state of the economy?” The answer is, “it already has, the media just will not report on it in a factual manner.” Whether by stupidity or by “orders given” they aren’t telling the whole story. 
In a surprising statement which concluded moments ago, FBI director James Comey announced that Federal officials have decided not to pursue federal charges against Hillary Clinton for her private email setup, an announcement that will send a shockwave throughout national politics. 
America used to be known as a great country, a reputation that lived on decades after it was no longer true. An over heard comment from a group of kids, today, talking about July 4th, Independence Day as being “the fireworks day.” In truth, that is probably as much as they know about it.
Stocks go up, go down: does it really mean anything? 
In my article '
More stock market wealth was lost on Friday than on any other day in world history. As you will see below, global investors lost two trillion dollars on the day following the Brexit vote. And remember, this is on top of the trillions that global investors 
The people in the government who want to control our personal choices are the enemies of freedom. And the enemies of freedom can be very clever and seductive.
China has been transformed by a credit-fueled investment boom unlike anything the world has ever seen. 
Over the past 12 months, stock market investors around the planet have lost trillions of dollars. Since this time last June, stocks have crashed in 6 of the world’s 8 largest economies, and stocks in the other two are down as well. The charts that you are about to see are absolutely stunning, and they are clear evidence that a new global financial crisis has already begun. Of course it is true that we are still in the early chapters of this new crisis and that there is much, much more damage to be done, but let us not minimize the carnage that we have already witnessed. 
The globalists seem to be running short of time according to derivatives expert Rob Kirby, as he is warning the algorithms that run the financial system may be turned off in the not too distant future. 
People around the world are sick and tired of the status quo. They
are sick and tired of the overly political correctness and the way that the
system is attempting to control every aspect of our lives. You can see this
growing wave of discontent from the ever-growing amount of politicians getting
elected around the world with a nationalist ideology. 
The headlines go from bad to worse for the UK and EU establishment as yet another new poll this weekend, by 
The interview below is vintage Schiff vs. CNBC. After being “demoted” to only doing CNBC website interviews for the last several months, something Peter hasn’t been too shy about mentioning in other interviews, within the first 22 seconds Peter manages to sneak in a jab about finally being IN studio again, jokes about how his competition at CNBC aren’t really full fledged bears, but rather “little cubs that haven’t matured into full grown bears yet,” and when asked how bad he thinks the coming financial crisis will be, Schiff responds saying, “It’s gonna be awful,” all while he’s laughing.
The surge in gold prices since the beginning of this year following 
If you’ve ever played Jenga, you know each player takes turns pulling blocks out of the core of a tower and then placing them on top. The tower gets less and less stable as the game goes on, until eventually it comes crashing down. 
A tidal wave may be coming to the bond market, and it's not going to be pretty.
I was on the phone the other day with a friend, who is also my accountant. We’ve been friends going on 30 years. Once in a while our discussions will veer off into what is commonly known as “shop talk” where we find we’ve suddenly gone from “just gabbing” to a multi-hour intense conversation about markets, the economy, and more. This past one was a little more of “the exception” rather than just the average swing into the generic.
The entire Western financial systemic, complete with USDollar-based foundation platforms, is breaking down. The breakdown is in full view, very noticeable, in almost every arena. What happened in 2008 with the Lehman Brothers failure event is currently underway with almost every single financial platform, structural entity, financial market, banking structure, and arena. In response to the Lehman killjob event, where JPMorgan and Goldman Sachs strangled the victim firm (by denying Lehman proceeds on countless asset sales), the entire Western financial system has been lashed together, tied together, and connected among its many member parts. The main parts are the big banks, which use derivative contracts to lash themselves together. They believe there is strength in numbers, which is true to some extent. 
There are three ways for a person to obtain something of value from another person: receive it as a donation, steal it by force or fraud, or exchange for it. It’s not much of an oversimplification to say that the advance of civilization has hinged on its movement from the first two methods to the third. The right to exchange, and the right to promise as part of a future exchange—the right to contract—are now taken for granted, but those rights are delicate and a whole complex of rights, assumptions, and obligations are subsumed by them. Their intellectual foundations are being undermined as the equality of rights implicit in contract and exchange gives way to a regressive inequality of rights: servitude. 
Trevor Timm of the Electronic Freedom Frontier dug up a very interesting nugget. It was embedded in the heralded December 2013 White House task force report on spying and snooping.
This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve tried to push back up to that distant high that means new life several times, but each time the market falls into a pit again.
Another stern 
Not all “
World-wide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment.
The purchasing power of Americans has been unequalled for the past several decades. This has been made possible by the high paying jobs created by our manufacturing sector. These jobs insured a wealthy middle class that could buy anything they wanted. 
Do you support bombing Agrabah?
Long time mining financier and speculator Rick Rule took the hot seat yesterday afternoon on BNN Market Call to answer viewer questions on precious metals stocks.
This is a tale of changing environments and the organisms that are, as a result, dying off. 
LONDON (Reuters) - The world is getting an object lesson on the problems of having one dominant global currency and even the supposed prime beneficiary, the United States, can see the downside. 
Over the past year, based on his increasingly more dour media appearances, billionaire Carl Icahn had been getting progressively more bearish. At first, he was mostly pessimistic about junk bonds, saying last May that "
It appears Russia is close to taking the next big step towards de-dollarization and killing the petro-dollar as VladimirPutin’s “dream” of ruble-based pricing of its domestically-produced oil is on the verge of realization. SPIMEX (The St. Petersburg International Mercantile Exchange) is actively courting international oil traders to join its emerging futures market, which 
It has come to my attention that, perhaps, the great stock bull market is done. To most people, a bull market is good, and its end is bad. After all, a rising market signifies ahealthyeconomy. Investors aremaking money. And it seems to prove that the free market is validated, able to deliver miracles despite Obamacare. Share prices are connected to business productivity, aren’t they?
You’re alone in a foreign country, far from your hotel.
We continue to get more evidence that the U.S. economy has entered a major downturn. Just last week, I wrote about how U.S. GDP growth numbers 
The United States is experiencing its fifth relapse in five years.
On virtually every alternative news site you visit these days—and many mainstream sites as well—you will find predictions of 
Is the strongest and most powerful nation on the planet headed for an apocalypse which will bring it to its knees? We live in a world that is becoming increasingly unstable, and apocalyptic themes have become very common in books, movies, television shows and video games. It is almost as if there is an unconscious understanding on a societal level that something very big and very bad is coming, even if the vast majority of the population cannot specifically identify what that is going to be. Last week, the Global Challenges Foundation released a new report entitled “
