Cyber War Poses Risk of Bail-Ins to Banks and Deposits – Entire Western Financial System Is Vulnerable

by GoldCore

Cyber Attacks Growing In Frequency – Entire Western Financial System Is Vulnerable

The threat posed by cyber war to our increasingly complicated, technologically dependent and vulnerable financial institutions, markets, banks and indeed deposits becomes more clear by the day.

British and US agents will carry out a mock cyber attack or ‘cyber war games’ on the Bank of England and commercial banks in City of London and […]

The US minimum wage has declined 90% in REAL MONEY in just the last 40 years!!

In 1968, 22 hours of work on minimum wage bought you an ounce of gold, in 2011, 200 hours of work were required to afford an ounce of gold.

— trutherbot (@trutherbot) January 28, 2015

Today’s astonishing chart of the day graphs the US Federal minimum wage over the past 80 years….not based in fiat Federal Reserve notes…but based in real money: Gold. The US minimum wage has declined […]

Global Asset prices excl Energy & Metals at record highs overlaid with excessive debt levels=toxic primer for Asset implosion & deflation!

The only sector that I think is very inexpensive is Precious Metals, and in particularly precious-metals stocks.

— Marc Faber (@MarcFaberBlogs) January 28, 2015

Oil companies are looking at ‘outright liquidations’

Major Oil Companies Planning $28B Cuts in Capital Spending by 2017 Amid Falling Oil Prices

The world’s leading oil companies are reported to be planning a $28 billion cut in capital spending by 2017 to keep debt […]

For 45 years. US foreign policy was based on being closer to both Russia & China than they were to each other. Obama has squandered that.

Bad U.S. Policy Pushes Russia, China and Iran Closer Together

Heck Of a Job …

As the following headlines show, bad American policy has pushed Russia, China and Iran closer together:

China calls for new Asian security structure based on group with Russia, Iran that excludes US (Fox) Russia may build eight nuclear reactors for Iran (Reuters) Russia signs 30-year gas deal with China (BBC) Putin Post-Mortem: “Unipolar Model […]

Dr. Jim Willie: “Dollar Death Process Has Started” – Sources: Germany Is Moving East!

One Radio Network was joined by Editor and publisher of the Golden Jackass and the Hat Trick Letter, Jim Willie, who as is stated at the very beginning of the interview, accurately predicted in 2013, the recent Swiss bombshell of unpegging their Franc from the Euro which recent sent the global economic community into shock.

Willie informs us that the “death of the US Dollar process has started”, that Germany […]

NONE of the scum that rises to the top of the septic lagoon that currently serves as modern American politics is going to “save the Republic” or give a crap about the Constitution because ALL OF THEM are sold out puppets to the banks and megacorporations — WITHOUT exception.

The definition of insanity is doing the same thing over and over and expecting different results.

I’m sorry, but I’m sick of people trying to lie to you and assure you that your vote for ANYONE in the presidential bread and circuses dog and pony show coming up in 2016 is going to matter in the slightest itty bitty teensy weensy little bit. Both sides of the carpet are […]

EU to consider barring Russia from SWIFT interbank system, Russian PM warns of tough response

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.

What Do They Know? Why Are So Many Of The Super Wealthy Preparing Bug Out Locations?

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 […]

New Greek PM voices ‘discontent’ with EU stmt blaming Russia for Mariupol attack

The new Greek government has spoken out against the EU partners over the statement that lays the blame for Saturday’s fatal attack on the Ukrainian city of Mariupol on Russia. Hungary, Slovakia, and Austria voiced similar objections earlier.

Lord Christopher Monckton – Climate Change is Really a Basis for Elite Control

Lord Christopher Monckton believes there is climate change, but he does not believe man has anything to do with it. Lord Monckton says science will ultimately back up that claim. Why the recent push to do something about climate change that is also called global warming? Lord Monckton says, “I think they are panicking because they know that this process . . . cannot be kept going for very […]

FRIGID morning in Northeast w/ temps mainly in single digits/teens as Juno winds down; more snow moves in tomorrow

FRIGID morning in #Northeast w/ temps mainly in single digits/teens as #Juno winds down; more #snow moves in tomorrow

— The Weather Channel (@weatherchannel) January 28, 2015

The Surprising Consequences of the Global Frenzy for Positive Yield

by Charles Hugh-Smith

As the dollar soars, so does the real yield on bonds denominated in dollars.

As central banks rush to depreciate their currencies and push yields into negative territory, what’s becoming scarce globally is real yield in an appreciating currency. Real yield is yield adjusted for inflation/deflation: if inflation is 3% and bonds yield 2%, the real yield is negative 1%. If inflation is negative 1% (i.e. deflation), […]

Hounded by Evil Dollar & Collapsed Commodity Prices, Corporate America Clamors for Total Currency War. Financial Engineering Can Only Do So Much.

Wolf Richter,

Consumers are feeling practically euphoric. The Conference Board index jumpedalmost ten points to 102.9, the highest since August 2007, just before the whole construct came apart. Not that reality has suddenly improved that much. But hey, we’re born survivors. Sooner or later, we adjust to lower real incomes and reduced standards of living and start feeling good again.

This exuberance came just as our largest corporate citizens […]

Pakistan arrests 9,000 suspected militants! – key 1/28…

Russian Nuclear Weapons Cannot Be Stopped By US Defenses, Says Russian Deputy Prime Minister…

Court: Trains Can Keep Carrying Highly Explosive ‘Crude Oil’ Through Neighborhoods!

It’s a practice activists call extremely dangerous, but a judge said it can continue, at least for now. It’s the shipment of crude oil on railcars, or what critics label “bomb trains” because the highly volatile material can explode – and sometimes does. This has wreaked havoc in residential communities they travel through.…

Israel Launches Artillery Strikes Into Syria, Downs Syrian Jet

After two rockets from the Syrian side of the border allegedly landed in the Israeli occupied territory of the Golan Heights on Tuesday, Israel has launched an immediate “response” of artillery fire into Syria.

The “exchange” comes only a week after an illegal Israeli military air assault inside Syria that resulted in the deaths of top Iranian and Hezbollah commanders who were in the country for the purposes of […]

Russia Develops Heavy Military Drone, Promises S500 Missile System by 2017

The Russian military is putting the finishing touches to its very own heavy military UAV. The drone is part of a wider modernization effort, with the cutting-edge flagship S500 missile system coming in 2017.

The drone “already exists,” according to Russian Deputy Defense Minister Yury Borisov.

The heavy UAV, created in cooperation with the Federal Security Service (FSB), will perform “a variety of tactical, operational and strategic tasks,” said […]

Babies in US more likely to die before 1st birthday than babies in 25 other OECD countries

Babies in US more likely to die before 1st birthday than babies in 25 other OECD countries

— Conrad Hackett (@conradhackett) January 28, 2015