Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
It’s very risky for an American credit ratings agency to downgrade the US Government.
Standard & Poor’s found out when it stripped the US off its AAA rating in 2011 over the debt-ceiling charade. The Department of Justice then sued S&P over its role in the financial crisis, i.e. for slapping AAA-ratings on toxic securities to pocket fatter fees from issuers. But the other ratings agencies did the [...]
Shanghai Gold Exchange International Board
China is slowly moving to dominate the global gold market and it is important to join the dots regarding a few key recent developments in China relating to gold.
When the International Board of the Shanghai Gold Exchange (SGE) was launched last Thursday September 18 during an evening trading session, it was notable that the first transactions were put through by a diverse group comprising HSBC, [...]
from SGT Report.com:
It’s the same old song, silver once again gutted by Bankster cartel paper in order to protect their fiat Dollar Ponzi scheme. Dave Kranzler of Investment Research Dynamics joins us to discuss what’s next and how low silver could go despite the very real demand for PHYSICAL metals throughout Asia.
Taking clips from real newscasts mixed with the films 12 Monkeys, V For Vendetta and Planet of The Apes this latest report illustrates how virus pandemics like ebola are created and controlled by governments. Video has surfaced showing army troops training to kill waves of zombies during a viral pandemic in the backdrop of a third world country. Now President Obama has ordered 3000 troops to West Africa to fight [...]
Alex Salmond talks about the Westminster Gang renaging on the the made to the Scottish people in the days running up to the now historic FAKE REFERENDUM!
But, for me, its what he doesnt say that is telling. Why is he not highlighting any of the MULTIPLE EXAMPLES of VOTE RIGGING & ELECTORAL FRAUD? This omission is very telling indeed, and makes me think he knew all along what fate awaited [...]
On the recent strength of the U.S. dollar, David Morgan of Silver-Investor.com, says, “John Exter’s upside down pyramid explains it very well. The derivative markets blow up and you go down the pyramid of liquidity. The step above the run to gold is the U.S. dollar. Most people who are under educated about money think if you have physical dollars under your mattress, you are in the safest position you [...]
By Michael Snyder
The next time you visit a hospital, it is your wallet that may end up hurting the most. All over the United States, it has become common practice for hospitals to wildly inflate medical bills. For example, it has been reported that some hospitals are charging up to 30 dollars for a single aspirin pill. And as you will see below, some victims report being billed tens of [...]
JAPANESE GOV’T DOWNGRADES VIEW OF ECONOMY, THIRD LARGEST IN WORLD
More evidence of global economic bubbles
The Japanese government has downgraded its assessment of the economy for the first time in five months, as a string of weak data hammers hopes for a quick recovery following Tokyo’s April sales tax hike.
The monthly report acknowledged spending at home had stalled, throwing into question Tokyo’s plans to hike sales taxes again next [...]
China Looking To Dominate Gold Market With International Shanghai Gold Exchange
Russia to Consider Diversifying Away From Western Debt Securities
Russia is considering diversifying its debt portfolio away from countries that have imposed sanctions on Moscow
Super-rich rush to buy ‘Italian Job’ style gold bars
Economic uncertainties trigger rush for 12.5kg gold bars
People’s Bank of China has given the Shanghai Gold Exchange permission to build an international gold-trading platform in Shanghai.
German Islamists who join the IS have forfeited their citizenship many Union politicians say. They are planning a change of legislation.
Union politicians want to avoid any german national to fight for the terrorist group Islamic State (IS). A corresponding change in the law would achieve a “huge deterrent effect,” the chairman of the Bundestag’s Committee on Internal Affairs, Wolfgang Bosbach (CDU)told “Welt am Sonntag”. Those who join this “terrorist army” [...]
RAND: OBAMA ‘ABUSING OUR LAWS’… President ‘has created lawless atmosphere in Washington’…Hillary ‘had 3 a.m. moment. She didn’t answer phone’… Calls for Diversity in GOP…
He accused Obama of confounding the Constitution when he expanded Obamacare, moved against overseas targets without specific congressional authorization, and announced plans — since delayed — to use executive action to change the nation’s immigration laws.
“It is a terrible tragedy, it is a danger to us as a [...]
The feds are gearing up to face Americans protesting the intentional importation of illegal immigrants and Alex breaks it all down on this Monday, July 7 edition of the Alex Jones Show. In Grand Prairie, Texas, county officials are planning a heavy police presence to discourage protestors arriving outside a public school where illegals will be housed later this month. The collapse of America’s borders is intended to destroy the [...]
As we enter early October, models are beginning to see signs of the emergence of the Stratospheric Polar Vortex
As we enter early October, models are beginning to see signs of the emergence of the #Stratospheric #PolarVortex pic.twitter.com/8cDQw9Vvwi
— WSI Energy Weather (@WSI_Energy) September 16, 2014
Some early season heating demand expected Thursday night-Friday as overnight temps could drop below freezing levels pic.twitter.com/glqdKoHa3J
— WSI Energy Weather (@WSI_Energy) September 16, 2014
Potential developing “El Nino” [...]
Director of Centres for Global health (CGH) at the Centres for Disease Control (CDC), Dr Thomas Kenyon has disclosed that it was difficult to as certain whether the Zmapp used on some Ebola patients, was effective.
Dr Thomas Kenyon who spoke along side the Special Assistant to President Obama and Senior Director for Development and Democracy, National Security Council, Gayle Smith, via telephone conference, stated that:
“Zmapp is therapeutic and very difficult [...]
They are engineering a Economic Collapse of not only the United States Economy but the World Economy. They are forced to Collapse the entire Global Economy because they know it can not continue. This will bring in a new era of Dominance and control by the Powers That Be.
Stay At The Ready…
Link to the article
by Michael Noonan
Forget all the news, all the fundamentals, all the [mostly errant] price projections. There
is a reason why a picture is worth more than 1,000 words, and this is one of those times
where it is best to focus on pictures of the market, over various time frames, to get a
better handle on what to expect moving forward. Put to rest every so-called PMs pundit
or blogger that has persistently been calling [...]
The world is in a very crucial point in history right now. It seems like everywhere you look, countries are on the verge of splitting apart, going to war or at the very least, economic collapse. Russia and Ukraine. Syria and Iraq. Afghanistan, Pakistan and India. Even the United Kingdom could cut ties with Scotland. Public distrust here in America is at an all-time high. The future is always uncertain, [...]
Scotland’s recent attempt to become an independent nation represents just one of many nationalist movements around the world. What other countries are looking to secede? Have any been successful?
Special Thanks to Julian Huguet for hosting TestTube!
Follow Julian on Twitter: @jhug00
Watch Julian on The Science of Happiness on SoulPancake:
These Countries All Have Secession Movements Underway
“Today, there are countries around the world that want to secede from their government and form [...]
By Michael Snyder
What has happened to America? Please show these numbers to anyone that does not believe that the United States is in decline. It is time for all of us to humble ourselves and face the reality of what has happened to our once great nation. For those of us that love America, it is heartbreaking to watch the foundations of our society rot and decay in thousands of [...]
by Sober Look
The take-up of the ECB’s TLTRO program announced back in June was materially lower than expected. About €83bn worth of cheap long-dated loans was picked up by the area’s banking system. Many had expected €150bn and even greater. Part of the reason is that banks that are not quite ready to deploy the funds don’t want to sit on cash with negative rates. As a result some have [...]
Last Friday the Dow hit a new all-time high and the Alibaba — the biggest IPO of all time — finished 38% up on its first day of trading.
There’s been a lot of “all-time high” news recently. But investors are probably starting to get nervous.
Veteran trader Art Cashin, the director of floor operations for UBS Financial Services at the NYSE, sent out a cautionary note about a historical trend in market reversals. Specifically, that [...]
In the nearly 42-minute long meandering propaganda speech uploaded to Twitter, ISIS spokesman Abu Muhammad al-Adnani encourages Muslims to kill “disbelievers” in countries, including Canada, currently supporting American and French-backed military action against the group in Iraq “in any manner.”
“If you can kill a disbelieving American or European — especially the spiteful and filthy French — or an Australian, or a Canadian, or any other disbeliever from the disbelievers waging [...]
The number one reason blamed for childhood deaths in America used to be accidents; now it’s cancer.
Cancer in America has seen a sharp increase over the last 100 years across all age groups. Data from the U.S. Public Health Service estimates that cancer death rates in 1900 were around 64 per 100,000; that number has increased almost threefold to 188.7 per 100,000 in 2005.
You just have to be a good observer.
Everything is Being Recycled
* Cars from 2014 look like cars from 2004. This wasn’t the case in the past, each decade and even parts of decades had distinct styles.
* Every other movie is a re-make or re-boot.
Transformers, Ninja Turtles, Ghostbusters etc
* Trends in the Fashion industry just recycle the styles of the 20s-90s. There is nothing that isn’t derivative in some way. Look [...]