Our lead story: Toyota, the company that introduced the world to the first commercially successful gasoline elective hybrid car, better known as the PRIUS, is back with a new and radical concept car. Toyota Motors will launch a hydrogen-powered car in the United States, Japan, and Europe next year. Erin brings you the details.
Then, Professor and economist Yanis Varoufakis throws some cold water on the sanguine attitudes of the markets [...]
London expert Alasdair Macleod returns to the SD Weekly Metals & Markets with his brilliant PM analysis, including:
1. Chinese 2013 gold demand 7,603 tons- More than DOUBLE Global Supply & mainstream estimates!
by Michael Noonan
W D Gann has long been recognized as an astute market trader, and followers of Gann
War Makes Banks Rich
Bankers are often the driving force behind war.
After all, the banking system is founded upon the counter-intuitive but indisputable fact that banks create loans first, and then create deposits later.
In other words, virtually all money is actually created as debt. For example, in a hearing held on September 30, 1941 in the House Committee on Banking and Currency, the Chairman of the Federal Reserve (Mariner S. Eccles) said:
That is what [...]
Japan raised the tax on the people and now consumer confidence is falling. Gallup poll shows the people believe Obama has not helped the economy. Congressman Issa is not investigating Harry Reid, it seems this was misinformation or someone got to him. Reid has called all those who were are the Bundy ranch domestic terrorists. The Ukraine de-escalation deal is a complete distraction and the war agenda is pushed forward [...]
By Michael Snyder
The dumbing down of America is accelerating. A massive federal takeover of education known as “Common Core” is attempting to impose nationwide academic standards on public schools throughout the entire country. Thanks to the backing of billionaire Bill Gates, endless promotion by the U.S. Department of Education, and financial bribes to state governments by the Obama administration, 45 states and Washington, D.C. have already agreed to [...]
SNIPA Bay Area federal judge says the Obama administration can keep secret a memo spelling out the legal rationale for a 2011 drone attack in Yemen that killed a U.S. citizen and alleged terrorist mastermind.The Justice Department was entitled to withhold the memo on the grounds of national security and lawyer-client confidentiality, Chief U.S. District Judge Claudia Wilken of Oakland said Friday.Although U.S. Attorney General Eric Holder and other Obama [...]
Mac SlavoApril 18th, 2014SHTFplan.com
If you were to contact a real estate agent in any major market today they’d likely advise you the market is so “hot” that if you intend on purchasing property you’d better be prepared to act fast. They’ll adamantly point out, contrary to reality, that the housing market has recovered, available inventory is dropping, prices are rising, and they can only go higher from here.
But if you’re paying [...]
IN THIS INTERVIEW:
By Michael Snyder
Do you think that the price of food is high now? Just wait. If current trends continue, many of the most common food items that Americans buy will cost more than twice as much by the end of this decade. Global demand for food continues to rise steadily as crippling droughts ravage key agricultural regions all over the planet. You see, it isn’t just the multi-year [...]
by Charles Hugh-Smith
What if we used wellness (Gross Domestic Happiness) as a metric for prosperity rather than GDP?
Distilling an economy’s sucess in delivering “prosperity” to a single number has outlived its purpose. Zachary Karabell describes the birth of GDP in far less complex times in (Mis)leading Indicators: Why Our Economic Numbers Distort Reality (Foreign Affairs):
A GDP that is growing in sync with expectations can enhance a country’s reputation and thus its [...]
http://usawatchdog.com/weekly-news-wr… A deal to “de-escalate tensions” in the Eastern Ukraine has been reached between the EU, U.S., Russia and Ukraine. I guess this is good news, but I would call it extremely temporary. This is supposed to lead to disarming the pro-Russian militia and returning control of government buildings in Eastern Ukraine. Loyal Ukrainians and pro-Russian factions have been going at it, and I am not sure this deal is going [...]
The public debt of Spain is getting worse and threatens to exceed 100% GDP. Housing continues to implode and more mortgage departments are laying off. President Obama is creating an executive order to support solar panel development which leads back to the BLM/Bundy Ranch crisis. North Korea is moving missiles to its coast. US and Russia have agreed on a de-escalation in Ukraine. This agreement is already being [...]
By Michael Snyder
In some areas of the world, payment systems that require palm scanning or face scanning are already being tested. We have entered an era where biometric security is being hailed as the “solution” to the antiquated security methods of the past. We are being promised that the constant problems that hackers are causing with our credit cards, bank accounts, ATM machines and Internet passwords will all [...]
After two months of sharp increases in food prices, grocers are starting to pass along their higher wholesale costs to consumers.
Beverly Cabellon, 61, of Pleasant Hill, Calif., was taken aback by the $38 price for two steaks at Costco recently, up from the $27 she paid last September. “I will be grilling more vegetables and shrimp this summer,” she says, adding that she and her husband will likely [...]
Not only are stock prices near all-time highs, they’re also getting more expensive.
And by expensive, we mean price-earnings ratios are getting high.
This is because stocks are rising faster than earnings are expected to grow.
Currently, the price-to-forecasted earnings ratio of the S&P 500 is 15.2, notes FactSet’s John Butters.
“This P/E ratio is based on Wednesday’s closing price (1862.31) and forward 12-month EPS estimate [...]
By Michael Snyder
Did you know that the number of Americans getting benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million? In other words, the number of people that are taking money out of the system is far greater than the number of people that are putting money into the system. And did you know that [...]
In the present confrontation between Russia and the West over the Ukrainian crisis, the image of the Cold War inevitably comes to mind and the media are obviously fond of it. However, contrary to what it gives us to understand, it’s not Russia that seeks the return of an iron curtain but really the US. An iron curtain separating the old powers and emerging nations; the world before and [...]
http://usawatchdog.com/nomi-prins-aut… On another financial collapse, best-selling author Prins predicts, “We absolutely can. There is much more reason that we will than that we won’t. The stability of the system is really fake. A lot of speculation has occurred with cheap money, and then it is bailout, and then nothing changes, and then something worse happens. That is the current pattern and the pattern of the last three decades.”
Prins, who is a [...]
How would you react if a bar treated your beer like a bank treats your money? Find out more at https://transferwise.com/ - the clever new way to send money abroad.
By Michael Snyder
Did you know that Family Dollar is closing 370 stores? When I learned of this, I was quite stunned. I knew that retailers that serve the middle class were really struggling right now, but I had no idea that things had gotten so bad for low end stores like Family Dollar. In the post-2008 era, dollar stores had generally been one of the few bright spots in [...]
Published on Apr 16, 2014
Enroll now: http://academy.mises.org/courses/soun…
Interviewed by host Tom Woods, Joe Salerno talks about the Fed, the Great Depression, currency wars, deflation, and why governments hate cash.
EDWARD LUCAS: I hope I’m wrong but historians may look back and say this was the start of World War III
Read more: http://www.dailymail.co.uk/news/artic…
Putin: Russia’s great propagandist
Wiki: Edward Lucas (journalist)
Mr Edward Lucas (The Economist)
Edward Lucas (CEPA Bio)
Peter B. Doran – CEPA Director of Research
Energy Horizons – CEPA
Obama warns of “consequences” for Russian actions destabilizing Ukraine
Rising interest rates will sting consumers in many ways
With the Federal Reserve scaling back its massive bond-buying program, the likelihood of higher interest rates is causing a fair amount of hand-wringing.
Many investors have spent a great deal of time agonizing over what rising rates will do to their bond portfolios, but there are many other considerations. That’s because higher rates, financial advisors say, impact consumers in [...]
NASA’s Kepler Space Telescope has found an Earth-sized planet within the habitable zone of the star it orbits, the space agency announced Thursday. The planet, which NASA calls Kepler-186f, is located in the constellation Cygnus, about 500 light-years from Earth. Orbiting the star Kepler-186 once every 130 days, it receives one-third of the energy from that star than Earth does from the sun. Residing within its star’s “habitable zone” is [...]
by Tim Brown, Freedom Outpost:
There is a growing disgust with the corruption in Washington DC. As a result, many patriots have spent tens of thousands of dollars to travel and collectively the same amount of hours protesting in Washington DC, all it seems, to no avail.
Later this month, patriots are again going to fork out tens of thousands of dollars, make signs and [...]
Fukushima Ocean Radiation to hit West Coast in 7 daysApril 20, 2014 — (TRN) — According to scientists and marine biologists, radiation in the Pacific Ocean from the 2011 Fukushima nuclear disaster in Japan, will begin making landfall along the west coast of North America 7 days from today. The three melted-down reactors in Fukushima have been spewing 300 tons of radioactive water into the Pacific each and every day [...]