>

Hong Kong, Singapore Popping Housing Bubbles

July 30 (Bloomberg) — Prompted by concerns over potential property bubbles and affordability for the middle class, the governments of Hong Kong and Singapore have been reining in home prices by imposing measures including mortgage caps, taxes on property flippers and levies on foreign buyers as high as 15 percent. Rosalind Chin reports on “On The Move Asia.” (Source: Bloomberg)

21 Ways To End The Phrase ‘Americans Are So Broke…’

By Michael Snyder

Did you know that 77 million Americans have unpaid debts that are “in collections” and that Congress is actually thinking about letting post offices offer payday loans?  We live in a country where almost everyone is drowning in debt and where most people are either flat broke or very close to flat broke.  Years ago, “your Mama is so broke” jokes were all the rage, and [...]

SURPRISE: Consumer Confidence Explodes Higher, 35% of Americans Face Debt Collectors

Consumer Confidence Explodes Higher To October 2007 Highs

On the heels of UMich confidence tumbling to 4-month lows, the Conference Board’s consumer confidence exploded higher to the highest since October 2007. This is the 3rd monthly rise in a row and the biggest beat in 13 months all led by a spike in future expectations to its highest since Feb 2011.

 

3 months up in a row and highest since Oct 2007

http://www.zerohedge.com/news/2014-07-29/consumer-confidence-explodes-higher-october-2007-highs

STUDY: [...]

China Prints TRILLIONS to Save Failing Economy!

PBOC Wades Into Fiscal Waters as China Boosts Stimulus
The U.S. had a total debt-to-GDP ratio of about 260 per cent by the end of last year, while the U.K.’s ratio was at 277 per cent. Japan topped the world table at 415 per cent
relaxation of purchase restrictions, lower down payment requirements and easier access to local bank mortgages.
Previously, the PBOC mainly relied on the adjustment of the reserve requirement ratio, [...]

Why the “Single Biggest Category of Stock Buyers Today” Are on Shaky Ground

Written article - http://www.elliottwave.com/freeupdate…

U.S. corporate stock buybacks are approaching the record-high level of 2007. This alone should serve as a red flag for investors. But today, there’s a big difference that poses an “added danger.”

Wall Street isn’t all that confident the Federal Reserve can end its easy money policies without a market crash, a recession or high inflation.

Wall Street isn’t all that confident the Federal Reserve can end its easy money policies without a market crash, a recession or high inflation.

In its July Fed Survey, CNBC asked Wall Street pros how the Fed’s current policies will end and found market participants surprisingly divided.

Thirty-four percent say the most likely outcome is that it “will end badly,” which we defined as either a recession, stock market [...]

We Vote For Income Inequality With Our Wallets Every Day – Mike Maloney

More: http://www.hiddensecretsofmoney.com “Inequality of income is one of the things that actually creates prosperity, but it’s VERY unequal because of the corrupt monetary system that we have…so we shouldn’t blame the symptom as the problem. People have to look deeper, and people need to take some personal responsibility. You don’t want inequality of income? Don’t buy a car or a computer – have somebody build you a car from scratch. Then you [...]

Average Price of Electricity Climbs to All-Time Record

(CNSNews.com) – For the first time ever, the average price for a kilowatthour (KWH) of electricity in the United States has broken through the 14-cent mark, climbing to a record 14.3 cents in June, according to data released last week by the Bureau of Labor Statistics.

Before this June, the highest the average price for a KWH had ever gone was 13.7 cents, the level it hit in June, [...]

Investment Bank Discovers the “Redistributive Effects” of QE

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter

A new study found that the inflation-adjusted wealth of America’s median household – half of households are above and half are below – plunged 36% from 2003 to 2013. These years include the phenomenal stock and bond market rallies and price surges in other asset classes, propelled by the greatest credit bubble in history, ingeniously engineered by the Fed via QE and ZIRP.

But [...]

ANALYSIS: Greek debt, gold, espionage, and US anti-Putin propaganda may yet make Merkel face East.

BY JOHN WARD

BERLIN/WASHINGTON RELATIONS IN CRISIS

As European citizens head for the August Beach fest, very few of them will be aware that the World may be on the brink of the biggest shift in global power scales since 1938. The reasons for this are various…but they are all, allegedly, giving Mutti Merkel pause for thought.

Last January I posted at some length about how Greece would default on [...]

Russia Buys 18.6 Tonnes Of Gold In June – Currency Wars Intensify

by GoldCore

Today’s AM fix was USD 1,307.50, EUR 972.84 and GBP 770.39  per ounce.
Yesterday’s AM fix was USD 1,305.00, EUR 971.20 and GBP 768.55 per ounce.

Gold climbed $2.30 or 0.18% yesterday to $1,305.10/oz and silver rose $0.12 or 0.58% to $20.62/oz.

Gold rose 0.4% in London this morning after gold in Singapore traded sideways overnight. Futures trading volume continues to increase and was almost double the average for the past 100 days for [...]

Margin debt as a % of NYSE market cap nearly back to the March 2000 level.

Margin debt as a % of NYSE market cap nearly back to the March 2000 level. pic.twitter.com/u4OBtzCzCO

— Urban Carmel (@ukarlewitz) July 29, 2014

The Truth About the Fed’s Relationship With Bubbles – The Fed Wants Bubble

by Phoenix Capital Research

 

Many commentators have previously argued that the Fed is too dumb or too inept to identify of categorize asset bubbles.

By focusing on the Fed’s mental acuity, these commentators are overlooking a key factor: the Fed WANTS to asset bubbles.

The reason for this?

Asset bubbles, at least according to the Fed’s models, will paper over the [...]

This indicator was an “early warning” of major corrections in 1987, 2000, and 2007. Here’s what it’s saying now.

From Chris Kimble at Kimble Charting Solutions:

Click on chart to enlarge

It usually takes an extended bull market to push “monthly momentum” to lofty levels.

The above 2-pack looks at the S&P 500 and the Dow Jones Transports on a monthly basis, back to the early 1980?s. The upper lines represent monthly momentum.

As you can see momentum reached lofty levels back [...]

Faber: Stocks will peak within in next 60 days then drop 20-30 percent

Bruno J. Navarro & Scott Wapner, CNBC, Released on 7/28/14

From Zero Hedge: Having provided his clarifying perspective on why the markets are extremely fragile and due for a 20-30% correction, Marc Faber was assaulted by CNBC’s Scott Wapner reading off a litany of recent calls that have not worked out as planned. His response was notable: “I started to work in 1970, and over that career, somehow, somewhere, [...]

Here’s What Wall Street Bulls Were Saying In December 2007: Read And Take Cover!

The attached Barron’s article appeared in December 2007 as an outlook for the year ahead, and Wall Street strategists were waxing bullish. Notwithstanding the advanced state of disarray in the housing and mortgage markets, soaring global oil prices and a domestic economic expansion cycle that was faltering and getting long in the tooth, Wall Street strategists were still hitting the “buy” key. In fact, the Great Recession had already started [...]

All Hell Will Break Loose In Paper and Physical Precious Metals Markets *Video*

Mac SlavoJuly 28th, 2014SHTFplan.com

 

Despite the recent drops in gold and silver from their all-time highs just a few years ago, the fundamentals for owning precious metals as long-term investments have never been better.

From a monetary perspective, governments around the world, especially in the West, have been printing money like there’s no tomorrow. This bodes well for precious metals strictly from the standpoint of currency debasement. As [...]

NEW MH17 SENSATION: German experts point finger at Ukrainian air-force jets.

BY JOHN WARD

Surface to air missile attack ruled out as calibre of cockpit bullet holes puts Ukraine pilots in the frame for MH17 murders

This is what a German pilot-cum-air technology expert Peter Haisenko has just published on the subject of the MH17 disaster (my emphases):

‘The misfortune of the Malaysian MH 017 is known to all. The flight
recorder is in England and is being evaluated. What can come of [...]

Canada Trillion Dollar Debt COLLAPSE & Real Estate CRASH!

Overbuilt condo market puts Canadian economy at risk: BoC
An overbuilt and overpriced condominium market is posing a risk to Canadian households, banks and the economy in general, the Bank of Canada warned
Why the Bank of Canada has an inflation and interest rate dilemma
Vancouver’s median home price was 9.5 times the annual median household income indicating a massive bubble.
About 78 per cent of Ontario’s 18,600 exporters sell into the U.S.
Consumer debt [...]

Insolvency + Illiquidity = Bankruptcy | Jim Willie (Ep. 4)

IN THIS INTERVIEW:- Confiscation of gold and silver ahead? ?0:35- What will be the fallout in the U.K. when the U.S. Dollar collapses? ?4:04- IMF to bailout America? ?17:50SUBSCRIBE (It’s FREE!) to “Finance and Liberty” for more interviews and financial insight ?http://bit.ly/Subscription-LinkSUBSCRIBE (It’s FREE!) to Reluctant Preppers, “Helping You Be Aware and Prepared” ?http://bit.ly/ReluctantPreppersFINANCE AND LIBERTY:Website ? http://FinanceAndLiberty.comLike us on Facebook ?http://fb.com/FinanceAndLibertyFollow us on Twitter ?http://twitter.com/Finance_LibertyGoogle Plus ?http://Gplus.to/FinanceLibertyDISCLAIMER: The financial and [...]

Stock trader who called three crashes sees 20% collapse, expects bear market within 12 months

Stock trader who called three crashes sees 20% collapse

MIAMI (MarketWatch) — Mark Cook, a veteran investor included in Jack Schwager’s best-selling book, “Stock Market Wizards,” and the winner of the 1992 U.S. Investing Championship with a 563% return, believes the U.S. market is in trouble.

The primary indicator that Cook uses is the “Cook Cumulative Tick,” a proprietary measure he created in 1986 that uses the [...]

America: PROOF of the New World Order- WATCH NOW! (2014 What is really going on??)

Silver Manipulation To End; $150 Per Ounce Possible – Video

by GoldCore

Today’s AM fix was USD 1,305.00, EUR 971.20 and GBP 768.55 per ounce.
Friday’s AM fix was USD 1,292.50, EUR 961.18  and GBP  761.64 per ounce.

Gold climbed $15.00 or 1.16% Friday to $1,307.40/oz and silver shot up $0.37 or 1.82% to $20.74/oz. Gold and silver were both down for the week – 0.24% and 0.53% respectively.

Mark O’Byrne of GoldCore discusses silver and silver manipulation – see here

Silver for immediate delivery fell [...]

The Case for a Bull or Bear Market in Two Charts

by Charles Hugh-Smith

Which appears more likely–a straight-line extension of the past two years’ rise in stocks, or another “impossible” decline to complete the megaphone pattern?

There are dozens of charts and data points supporting the case for a continuation of the Bull market in stocks or a reversal into a Bear market. For the sake of brevity I’ve distilled the two arguments into two charts, one for the Bull case [...]

MH17 FALSE FLAG, PUBLIC ENEMY PUTIN & THE BANKSTER’S NEW WORLD WAR

“Obama is treated by the media as someone who is trying to bring about peace, when in fact everything he is doing is pushing us closer to the moment where thermonuclear war is inevitable… We’re under domination of this banking cartel which is destroying our physical economy and using us as a military force against those countries that actually want to break out of this transatlantic collapse.” – Harley Schlanger, [...]

Mass Incarceration: 21 Amazing Facts About America’s Obsession With Prison

By Michael Snyder

Nobody in the world loves locking people behind bars as much as Americans do.  We have more people in prison than any other nation on the planet.  We also have a higher percentage of our population locked up than anyone else does by a very large margin.  But has all of this imprisonment actually made us safer?  Well, the last time I checked, crime was still wildly [...]

Economy Will Crash, World War III Coming – Gerald Celente

http://usawatchdog.com/economy-will-c… - Gerald Celente, Publisher of The Trends Journal says, “We are looking at destabilization in the Middle East with no end in sight. It’s only going to get worse unless this killing and excuse for the murders from both sides stops.”

On the crisis in Israel with Hamas and the Palestinians, Celente says, “If this continues to increase at the rate it is going, it will be hell for everyone. There [...]

How Bad Can The Junk-Bond Sell-Off Get? So Bad It’ll Take Down Stocks

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter

Late Friday, when the strategy folks at Goldman Sachs downgraded global stocks to “neutral” for the next three months, they gave a reason that would have been peculiar in normal times: “a sell-off in bonds could lead to a temporary sell-off in equities.”

OK, let’s forgive Goldman for flip-flopping. At the peak of the bubble, trigger fingers are nervous, and flip-flopping is the norm. Last week, [...]

85 Super Wealthy People Have More Money Than The Poorest 3.5 Billion Combined

By Michael Snyder

The global economy is structured to systematically funnel wealth to the very top of the pyramid, and this centralization of global wealth is accelerating with each passing year.  According to the United Nations, 85 super wealthy people have more money than the poorest 3.5 billion people on the planet combined.  And 1.2 billion of those poor people live on less than $1.25 a day.  There is something [...]

Get Ready for 48 Hours of Economic Fury, Goldman Sees Market Decline Risk, ‘Q2 GDP Could Even Be A Negative Number’

Get ready for 48 hours of economic fury

WASHINGTON (MarketWatch) — Get ready for 48 hours — and a little more — of the most intense outpouring of information on the U.S. economy you’re likely to ever see.

The schedule between Wednesday and Friday includes second-quarter GDP, a Federal Reserve decision, July payrolls, the July Institute for Supply Management manufacturing report and July car sales.

http://www.marketwatch.com/story/get-ready-for-48-hours-of-economic-fury-2014-07-27

Get Ready For [...]

ALERT: Delivered By Airplane: Ebola Now Threatens 21 Million People In Major Metro Area

Mac SlavoJuly 27th, 2014SHTFplan.com

 

In January the U.S.-based Centers for Disease Control and Prevention warned thatthe next plane could bring a pandemic.

At the time, they were referring to highly contagious strains of deadly flu virus, but in reality any killer virus could travel around the globe in less than a day.

In March we warned that the deadly Ebola virus, which kills upwards of 85% of its [...]

How 147 Corporations Control the Banks, Media & Governments!

21st Century Fox says it made offer to combine with Time Warner
a merger between 21st Century Fox and Time Warner Inc., which would reduce control of the major Hollywood studios to five owners, from six, and major television producers to four, from five.
The 147 Companies That Control Everything
Barack Obama, Mitt Romney both topped $1 billion in 2012
False Left Right Paradigm Distraction for New World Order
86 percent of the shares of [...]

ALBRIGHT: ‘THE WORLD IS A MESS’

Sunday on CBS’s “Face the Nation,” former Clinton administration Secretary of State Madeleine Albright said, “To put it mildly, the world is a mess.

http://www.breitbart.com/Breitbart-TV/2014/07/27/Albright-The-world-is-a-mess

AHEAD: Wide Banking Failures, IRA/401k Confiscations | Jim Willie (Ep. 3)

SUBSCRIBE (it’s FREE!) for Episode 4 ?http://bit.ly/Subscription-Link
Start with to Episode 1 ?http://bit.ly/Willie-1
IN THIS INTERVIEW:
- Wide banking failures ahead ?0:31
- Expect confiscation of retirement accounts in America ?6:04
- Land and property to be confiscated? ?9:43
- Investing in precious metals vs property ?11:16

SUBSCRIBE (It’s FREE!) to Reluctant Preppers, “Helping You Be Aware and Prepared” ?http://bit.ly/ReluctantPreppers

FINANCE AND LIBERTY:
Website ? http://FinanceAndLiberty.com
Like us on Facebook ?http://fb.com/FinanceAndLiberty
Follow us on Twitter ?http://twitter.com/Finance_Liberty
Google Plus ?http://Gplus.to/FinanceLiberty

DISCLAIMER: The financial and political [...]

Small caps (Russell 2000) does this for the first time in 13-years!

 

CLICK ON CHART TO ENLARGE

The top line represents the Russell 2000/SPY ratio. A 6-year support broke at (1), soon after that the S&P 500 broke below a multi-year support line at (2), which was followed by softness.

Now the Russell 2000/SPY ratio is breaking a 13-year support line of late.

Should investors “approach the markets with caution?” Will it be any different this time?

- See more at: http://blog.kimblechartingsolutions.com/2014/07/small-caps-russell-2000-does-this-for-the-first-time-in-13-years/#sthash.JPHPaIkX.P3IB6MIZ.dpuf

VIDEO: MA Residents Protest Against Illegal Immigration…

Here I thought it was only California who had guts enough to protest the federal government dumping illegal immigrants in their towns, but it sounds like some Americans in Massachusetts woke up and got to protestin’!

Watch below:

….

Read more: http://therightscoop.com/wow-huge-protest-against-illegal-immigration-in-massachusetts/#ixzz38cm7JgoT

At least Liam Halligan gets it

BY JOHN WARD

Writing in the latest edition of The Spectator (a right wing weekly magazine published in Britain) the regular Daily Telegraph columnist Liam Halligan had this to say:

‘While the Fed has begun ‘tapering’, slowing down the rate of its de facto money–printing, the scale of QE remains vast, some $45 billion a month. That’s driven the absurd ‘bad news is good news’ mantra that still [...]

BREAKING NEWS: NEED A JOB? THE GOV’T IS HIRING TROLLS

by Dave Hodges

Who would have ever thought that there would be people paid by both corporations and various governments to refute messages from the Patriot movement?

Also impacted are public opinion polls, product roll-outs and countering social media messages that are in opposition to elite political and business interests.

Andy Hoffman — They’re Screaming, We’re NOT GOING TO LET YOU OUT!

by Rory, TheDailyCoin.org:

I sat down with SGT Report regular Andy Hoffman, the Media Director at Miles Franklin Precious Metals to follow up his latest podcast, The Best Laid Plans. As many of you know Andy writes a daily newsletter for Miles Franklin and covers the markets from top to bottom.

Not only does his analysis dig down into the heart of the matter, he’s not afraid to speak the truth [...]

NY DHS Offers $500 To Rat Out Your Neighbors

New York’s Division of Homeland Security is posting signs on businesses to encourage people to snitch on fellow citizens who buy such things as MRE’s (Meals Ready to Eat), ammunition, flash lights, match containers, gas masks and other items deemed to be ‘prepper’ in nature. http://www.truthandaction.org/ny-dhs-…

AMERICANS GETTING POORER HOUSEHOLD NET WORTH IN DECLINE

Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too.

The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell [...]

Maine GOP Governor To Make ‘Able-Bodied’ Welfare Recipients Work for Their Food Stamps…

AUGUSTA, Maine (NEWS CENTER) — The LePage administration is taking another step toward pushing welfare recipients to find jobs. The Department of Health and Human Services announced on Wednesday that, starting October first, “able bodied” adults with no dependents who get SNAP benefits — often called food stamps — will have to work 20 hours per week or do volunteer work. There are an estimated 12,000 recipients in Maine who [...]

The Fed’s Failure Complicates Its Endgame – To Demonstrate It Hasn’t Failed, The Fed Must Taper/withdraw Its Monetary Heroin.

by Charles Hugh-Smith

To demonstrate it hasn’t failed, the Fed must taper/withdraw its monetary heroin.

That the Federal Reserve’s policies have failed is now so painfully evident that even the political class is awakening to this truth. Rather than re-ignite broad-based, self-sustaining economic growth, the Fed’s loose-money policies (zero-interest rate policy a.k.a. ZIRP, and quantitative easing a.k.a. QE or free money for financiers), have perversely distorted the economy and widened wealth and [...]

Sanction Spiral Successful: German Exports to Russia Plunge

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter

The sanction spiral concocted by the US and the EU in response to the ever more tragic fiasco in Ukraine is supposed to force, or at least encourage Russian President Vladimir Putin to abandon whatever schemes he may have concerning Ukraine. So the 28 EU members are trying to hash out new sanctions today, to be duct-taped to the existing spiral that ineffectually jabs at [...]

Jim Grant: Fed’s ‘Price Control’ Experiment Will Fail (Audio)

Tom Keene & Adam Johnson, Bloomberg Surveillance, Released on 7/29/14

Click Here to Listen to the Interview

“She [Yellen] ought to renounce the policy of price control…Interest rate is a price; price controls generally – in fact, I think universally – have failed, therefore the policy of interest rate control is likely to fail.”

“It’s not just Argentina that’s full of sangfroid about a default; the [...]