Spain and many other countries are now in an unemployment crisis. Gold is being slammed down by the central banks. Home builder confidence is now declining and housing is imploding. The FBI is now blocked investigating Harry Reid in the Nevada land grab. The post office is now hording ammunition to get ready for the economic collapse. The Ukrainian crisis is now escalating and the Ukrainian forces are now swooping [...]
UKRAINE ON BRINK…
“I will be brief: Ukraine is on the brink of civil war, it’s frightening,” the country’s former president was quoted as saying by Russian news agencies.
Military recaptures eastern airport…
KRAMATORSK, Ukraine (AP) — In the first Ukrainian military action against a pro-Russian uprising in the east, government forces said they clashed Tuesday with about 30 armed gunmen at a small airport.
The clash came hours after Ukraine’s acting president, Oleksandr [...]
Why Bernanke’s ‘open mouth’ operations beat policy moves
NYU’s Taleb Says Debt Raises Risk of `Catastrophe’
“I think there are some groups of stocks that are highly vulnerable because they’re in cuckoo land in terms of valuations,” Faber said. “They have no earnings. They’re valued at price-to-sales.
Berkshire Hathaway, in which Buffett owns 27 percent, according to a recent proxy filing, has more than $26 billion invested in eight financial companies that have [...]
Today’s AM fix was USD 1,311.50, EUR 950.43 & GBP 784.06 per ounce.
Yesterday’s AM fix was USD 1,324.50, EUR 958.05 & GBP 792.21 per ounce.
Gold rose $8.90 or 0.68% yesterday, closing at $1,326.70/oz. Silver rose $0.04 or 0.2% yesterday to $19.99/oz.
Gold fell from a three week high today on speculation that very tentative signs of an improving U.S. economy will curb demand for the safe haven. A report yesterday [...]
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter
A new report from Natixis, the asset management and investment banking division of Groupe BPCE, the second largest bank in France and one of the largest megabanks in the world with over $1.4 trillion in assets, predicts what daredevil voices at the maligned margin of financial analysis have worried about for a while: the likelihood another financial panic.
It will be caused ironically by the very mechanisms that are still used to “fix” [...]
The Greek people do not have enough work and 72% need more work. Retail sales surge on automobiles loans. Citi mortgage origination’s are in a steady decline which will lead to a housing implosion. The fight over the Bundy ranch is not over. no fly zone and cell tower restrictions are still in effect. Acting Ukraine President signed an order stating those people protesting are terrorists. The US is contemplating [...]
Yet again, it seems, once senior political or economic figures leave their ‘public service’ the story changes from one of “you have to lie, when it’s serious” to a more truthful reflection on reality.As Finanz und Wirtschaft reports in this great interview, Bill White – former chief economist of the Bank for International Settlements (who admittedly has been quite vocal in the past) – warns of grave adverse effects of the ultra [...]
RUSSIAN JET PASSES NEAR U.S. WARSHIP
The official also said that a Russian Navy ship, a frigate, has been shadowing the U.S. warship, remaining within visual distance but not close enough to be unsafe.
Russian fighter jet made repeated passes close to US warship in Black Sea
American military official says jet made multiple close-range passes near USS Donald Cook on Saturday
IN THIS INTERVIEW:
- Gold & silver prices ready to break out ?1:06
- Counterfeit silver eagles? ?4:06
- Western governments planning to steal your money? ?6:27
- Federal Reserve to increase money printing ?8:56
- Russia & China to collapse dollar? ?10:40
- Former adviser at International Monetary Fund says “The [yuan] has effectively already become a de facto reserve currency” ?12:24
SUBSCRIBE (It’s FREE!) to Reluctant Preppers, “Helping You Be Aware and Prepared” ?http://bit.ly/ReluctantPreppers
SUBSCRIBE (also [...]
And will arrive within the next 3-5 years
Full description and comments at:http://www.peakprosperity.com/podcast…
James Rickards, financier and author of the excellent cautionary best-seller Currency Wars, has recently released a follow-on book: The Death of Money: The Coming Collapse of the International Monetary System. In it, Jim details how history provides plenty of precedent for the collapse that has begun amidst the major world currencies.
The historical progression is predictable enough that Jim is [...]
BEIJING (AP) — China’s economic growth slowed to a 24-year low of 7.4 percent in the first quarter, raising the risk of job losses and a potential impact on its trading partners.
The figure reported Wednesday by the government was down from the previous quarter’s 7.7 percent. It came in below the full-year official growth target of 7.5 percent announced last month.
Beijing is trying to guide China to slower, more sustainable [...]
America Is Not A Democracy, Stop Pretending It Is
(Princeton Study) Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens
Oligarchy, not democracy: Americans have ‘near-zero’ input on policy — report
Breaking: Sen. Harry Reid Behind BLM Land Grab of Bundy Ranch
Putin: Escalating conflict puts Ukraine on ‘brink of civil war’
Russian fighter jet buzzes U.S. Navy destroyer in Black Sea amid Ukraine crisis
Putin: Ukraine’s radical escalation puts it on edge of [...]
U.S.Urges Israel To Attack Syrian Forces Threatening CIA Trained Rebels In Golan