By Michael Snyder
A lot of ultra-rich people are quietly preparing to “bug out” when the time comes. They are buying survival properties, they are buying farms in far away countries and they are buying deep underground bunkers. In fact, a prominent insider at the World Economic Forum in Davos, Switzerland says that “very powerful people are telling us they’re scared” and he shocked his audience when he revealed […]
Of every $6 in US income, at least $1 goes to richest 1% & this doesn't count capital gains
— Conrad Hackett (@conradhackett) January 28, 2015
CLICK ON CHART TO ENLARGE
Is the NYSE creating a “Giant Topping” pattern? Rising wedge patterns lead to lower prices around two-thirds of the time. At this moment, a top is not proven! For sure I do respect the potential that a rising wedge pattern could have some impact in the near future on this key broad market.
The upper left chart line (1) is based upon monthly […]
By Michael Snyder
We are really starting to see the price of oil weigh very heavily on the economy and on the stock market. On Tuesday, the Dow was down 291 points, and the primary reason for the decline was disappointing corporate sales numbers. For example, heavy equipment manufacturer Caterpillar is blaming the “dramatic decline in the price of oil” for much lower than anticipated sales during the fourth […]
REPUBLICANS ABANDON IMMIGRATION CAMPAIGN PROMISES…
President Barack Obama’s approval rating is as high as it’s been since mid-2013, reaching 50 percent on Monday according to Gallup.
“Less than a week after President Barack Obama delivered his State of the Union address to Congress, his job approval rating reached 50% in Gallup Daily tracking conducted Friday through Sunday,” Gallup’s Lydia Saad wrote on Monday. “This is the first time the president’s […]
Those on a quest to rethink small-space living build tiny houses, install pop-up rentals on vacant lots, and design portable 10-square-foot microkitchens tucked inside armoires. Presented over the weekend at Toronto’s Interior Design Show, Cubitat is a 10-by-10-by-10-foot cube that houses a kitchen, bathroom, bed, laundry, and storage.
Everything u need to know abt the #Cubitat micro-condo by @lucanichetto & @UrbanCapital #IDS15 http://t.co/XTJyKGyQbf pic.twitter.com/OHTz60I7lr
— Azure […]
The Collapse of Europe? The European Union May Be on the Verge of Regime Collapse
Europe won the Cold War.
Not long after the Berlin Wall fell a quarter of a century ago, the Soviet Union collapsed, the United States squandered its peace dividend in an attempt to maintain global dominance, and Europe quietly became more prosperous, more integrated, and more of a player in international affairs. Between 1989 and […]
Last year Austria’s largest bank, Erste Bank, sent shudders of Credit Anstalt through the European Banking System. This year it is Austria’s 3rd largest bank that is scaring investors senseless. On the heels of the Swiss National Bank’s decision to un-peg from the Euro, Raiffeisen Bank’s Swiss-Franc-Denominated mortgage worries have resurfaced (along with Russian/Ukraine writedowns) and nowhere is that more evident than the total collapse of the bank’s bonds (from […]
Eighty People Control Half of the World’s Wealth and All of the Elected Officials
The World Economic Forum Annual Meeting began in Davos, Switzerland. The meeting convenes “global leaders from across business, government, international organizations, academia and civil society for strategic dialogues which map the key transformations reshaping the world.” The hope is that the dialogue will lead to action on the part of the participating nations to improve conditions […]
Last Tuesday evening during the State of the Union address, President Obamapledged “to protect a free and open Internet, extend its reach to every classroom, and every community, and help folks build the fastest networks.” Obama is calling on the Federal Communications Commission to challenge a wave of state laws blocking the construction of municipal broadband networks, which are high-speed Internet services run by local communities.
Here’s what you need […]
Mac Slavo January 27th, 2015 SHTFplan.com
The Davos World Economic Summit has long been a parade for the insider agenda, putting the power players’ plans for the world’s economies on display as a preview to their playing out for the rest of the year.
But so far, the 2015 elite retreat in the Swiss Alps has proven to be full of apprehension, and even horror… with many of its own […]
More: http://hiddensecretsofmoney.com/videos Central banks around the world have teamed up to fleece the public for centuries. Last week, the Swiss National Bank broke rank by not only lying to the public – but by lying to their Central Banking cohorts.
Hidden Secrets Of Money is a world-leading educational series that is sponsored by, and also based on the priciples of WealthCycles. It shows the evolution of gold and silver […]
Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify. Demand for gold as a diversification and monetary asset continues to be very robust and central banks remain net buyers of gold which should be supportive of prices.
The Netherlands, which has the ninth-biggest gold reserves, raised its bullion holdings for the […]
Published on Jan 23, 2015
Thousands of mourners gathered in Mecca early Friday, hours after news was released that Saudi Arabia’s King Abdullah bin Abdulaziz al Saud had died, aged 90. The king had overseen a five-fold increase in the size of the Saudi economy during his tenure at the helm. With his passing, three issues face the new leader, King Abdullah’s brother, King Salman, aged 79. Edward […]
Sources: “S.&P. Cuts Russian Debt One Notch to Junk Level – NYTimes.com” http://www.nytimes.com/2015/01/27/bus… IBM stock crash collapse http://www.zerohedge.com/sites/defaul… jobs employment social security http://www.oftwominds.com/photos2013/… ECB QE Greece http://www.zerohedge.com/sites/defaul… JP Morgan http://www.zerohedge.com/sites/defaul… “Get ready for negative interest rates in the US – Ludwig von Mises Institute Canada” http://mises.ca/posts/blog/get-ready-… “Falling Gas Tax Revenue Has California Lawmakers Considering Mileage Tax Plan « CBS San Francisco” http://sanfrancisco.cbslocal.com/2015… “Return of the 3% down payment – […]
Flynn slams Obama's ISIS War Plan????cannot defeat enemy that you do not admit exists??#KellyFile http://t.co/rcFoX0wHOj pic.twitter.com/0cp0Z7UxKe
— Feisty??Floridian (@peddoc63) January 28, 2015
Calls to disconnect Russian banks from the global SWIFT interbank system came amid the deterioration of relations between Russia and the West, and the introduction of sanctions in response to Moscow’s alleged role in the Ukraine conflict. Russia’s response to a possible cut-off from the SWIFT international banking payment system will be “unrestricted,” Prime Minister Dmitry Medvedev vowed.
Nick Barisheff, CEO of Bullion Management Group, wrote his book $10,000 Gold almost 2 years ago. While many laughed, we certainly didn’t. Nick is sticking to his prediction and feels that the recent moves in the Euro, Swiss Franc and Oil, further bolster his case. Gold has been moving up since the beginning of the year. Nick sees the ceaseless pm appetite of the Russians and Chinese as […]
Every few months for the last couple of years, a new story pops up declaring the ”official” wealth gap — the one most public sources will admit to — is getting wider and wider at a faster and faster rate.
This is the real economic crisis.
The wealth gap in America, for example, is insane these days.
Check out this fresh report from Nation of Change (an ironic name considering […]
Cell phones are tracking devices that make phone calls.
– Jacob Appelbaum
The above line is one of my favorite quotes describing the current world we inhabit. A succinct description of modern civilization; a place where global connectivity has never been greater, but neither has warrantless surveillance. With that in mind, here’s what Snowden had to say about the iPhone. From Yahoo:
The lawyer for NSA whistleblower Edward Snowden says that […]
On Sunday, Greek voters handed power to the anti-austerity Syriza party, whose main “objective” is overhauling the bitter economic reforms’ that Greece has had to suffer through since the recession. Since first seeking a bailout in 2010, Greece has initiated broad economic overhauls and cutbacks that have helped mend its public finance following six years of deep recession. But those cutback have come at a cost: some 25% of […]
Accusations of the West towards Putin are traditionally based on the fact that he worked in the KGB and therefore he is a cruel and immoral person. Putin is blamed for everything. But nobody ever accused Putin of the lack of intelligence.
Any accusations against this man only emphasizes his ability for quick analytical thinking and making clear and balanced political and economic decisions.
Often Western media compares this ability with the ability of […]
Patriot Trading Group, Released on 1/26/15
“It’s out of control, it’s out of the peoples’ control. All the governments are are puppets for the banksters and the multinational corporations.”