The Venerable Jack Bogle Has Warned Us A 25-50% Downward Move Is Almost Certain

“prepare for at least two declines of 25-30%, maybe even 50%, in the coming decade”

“We went down very fast and it took us about 4 years to come back which is relatively normal”

40 Statistics About The Fall Of The U.S. Economy That Are Almost Too Crazy To Believe

by Michael

If you know someone that actually believes that the U.S. economy is in good shape, just show them the statistics in this article.  When you step back and look at the long-term trends, it is undeniable what is happening to us.  We are in the midst of a horrifying economic decline that is the result of decades of very bad decisions.  30 years ago, the U.S. national debt was about [...]

Former Obama Intel Official: ‘Trend’ of Leaks Being Set at ‘Top of This Administration’

Former Obama DNI Dennis Blair: Leaking At Top of Obama Admin Setting Tone for Others (May 26, 2013)

100% Chance Of Stock Market Crash Coming Near Future

Japan Is On The Brink Of Disaster: Japan Opposition Accuses Ruling Party Of Creating Stock Bubble, Banking Insider Stated That The Japanese Have Completely Lost Control Over Their Bond Market, And A Collapse of The Nikkei Equities Market Is Very Likely!!!

The Weekend Is Over, And The Japanese Market Is Diving

The weekend is over, and trading has officially whirred to life in Asia.

The big market that everyone’s watching is obviously Japan, which crashed 7% on Thursday, before coming back modestly in Friday trading.

That comeback, however, faded as Nikkei futures traded throughout the day, and now the Nikkei cash market is catching up.

The Nikkei is currently off 2.8%, and USDJPY is below [...]

Gold and Silver Sell-Off a Nonevent-Rick Rule

 

Rick Rule, Chairman and founder of Sprott USA, says Cyprus is a stunning example of why people should store some wealth in precious metals. Rule contends, “If you were a Cypriot citizen and you had stored your wealth in gold and silver as opposed to having your money on deposit in a Cypriot bank, the Cypriot banking crisis, for you, would be interesting but not relevant.” If there is war [...]

STORM WARNING: U.S. FORECASTS ‘ACTIVE’ OR ‘EXTREMELY ACTIVE’ HURRICANE SEASON!!! SCIENTISTS PREDICT INCREASING STORM INTENSITY!!!

CBS News contributor Michio Kaku, a physics professor at the City University of New York, talks to the “CBS This Morning” co-hosts about a new forecast by Colorado State University that warns this year’s hurricane season could be even worse than 2012

Storm warning: U.S. forecasts ‘active’ or ‘extremely active’ hurricane season

The 2013 hurricane season is shaping up to be active to extremely active, the National Oceanic and Atmospheric Administration warned [...]

Government by Eurocrats: The Olive-Oil Dispenser Debacle

Wolf Richter   www.testosteronepit.com   www.amazon.com/author/wolfrichter

Like so many debacles in the EU, it started with the unelected European Commission. It’s immune to voters, but not to lobbyists and corporations. Under the guise of “consumer protection” or “food safety” or some other harmless moniker, it generates zany laws that tend to benefit large corporations. But last week, it went too far, even for Europeans – not that they don’t already have enough crises on their [...]

Obama Expands Militarization of Police

Among items transfered to local law enforcement agencies have been assault rifles and grenade launchers, even Blackhawk helicopters and .50 caliber machine guns ; In fiscal year 2011 alone, the Pentagon transferred almost $500 million worth of materials to domestic law enforcement — near double the previous year’s total

The Fiat End Game: Preparing For A Way Forward

 

http://www.soundmoneycampaign.com The Fiat End Game: Preparing For A Way Forward, is a our latest micro-documentary focused on solutions to our current economic problems. Our current fiat currency standard is terminal, nations around the world are dropping the U.S. dollar as a medium of exchange, central banks are buying gold, and Americans are seeing price inflation during an economic downturn. In order to avoid a systemic financial crisis here in the U.S., [...]

Bill Black: Our System is So Flawed That Fraud is Mathematically Guaranteed

 

Bill Black is a former bank regulator who played a central role in prosecuting the corruption responsible for the S&L crisis of the late 1980s. He is one of America’s top experts on financial fraud. And he laments that the US has descended into a type of crony capitalism that makes continued fraud a virtual certainty – while increasingly neutering the safeguards intended to prevent and punish such abuse.

In this [...]

There is a Word For This Kind of Market: It’s Bubble

by Phoenix Capital Research

 

We are now seeing clear signs that the US is moving back towards a recessionary territory.

 

The first quarter US GDP data showed the US economy growing at an annualized rate of just 2.5% (3.0% was expected).

 

The only reason growth was even this high was because the Government understated inflation, recording a GDP deflator of 1.2%. This is bizarre given that the “official” inflation data point, the Consumer Price [...]

Bankster’s Paradise: Banks’ Lobbyists Help in Drafting Financial Bills

Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are helping to write it themselves.

One bill that sailed through the House Financial Services Committee this month — over the objections of the Treasury Department — was essentially Citigroup’s, according to e-mails reviewed by The New York Times. The bill would exempt broad swathes of trades from new regulation.

In a sign of [...]

Jack Lew’s Triple Whammy – IRS Ignorance, Corzine Corruption, And The ‘War On The Poor’

Rep. Steve Pearce questions Treasury Secretary Jack Lew in front of the Financial Services Committee on Wednesday, May 22nd, 2013.

SHUT DOWN THE BANKSTERS’ REHYPOTHECATION, THE ENTIRE FINANCIAL SYSTEM COLLAPSES INSTANTLY OVERNIGHT!

http://silverdoctors.com/
http://sdbullion.com/
http://silverdoctors.com/sd-podcast/

In this week’s SD Weekly Metals & Markets, The Doc & Eric Dubin discuss:

The cartel’s epic failure to smash silver under $20 and gold under $1300.

An update on shortages/delays and premiums in the wholesale physical silver market.

Eurozone finance minsters’ claim the banksters’ $80 Trillion shadow banking system will be shut down as the unlimited asset rehypothecation is a systemic risk in a financial crisis.

August Spiral of Doom? Markets Face Rough Summer Ride As Fed Pullback Feared… Bernanke ‘Out’… Investors Are Borrowing Like Crazy

Analysis: Markets face rough summer ride as Fed pullback feared

For the past few months, the Federal Reserve has been squarely in the financial markets‘ corner, thanks to its massive dollops of monetary stimulus. But signs that the central bank is discussing reducing that support by purchasing fewer bondsmean that trading is likely to get bumpier in coming months.

http://www.reuters.com/article/2013/05/23/us-usa-markets-fed-analysis-idUSBRE94M19120130523

Bernanke out by August, QE ends, rates up: Crash

Prepare now because easy money will dry [...]

Sheriffs Creating An Army to Set Our Nation Free – The Last Line of Defense

‘Restoring liberty in America is not only possible, but already underway’

Sheriffs and peace officers from across the country will be meeting with likeminded supporters for a national convention focused on one goal: restoring constitutional rule in the United States of America.

From May 31-June 1, the Constitutional Sheriffs and Peace Officers Association, or CSPOA, will be meeting in St. Charles, Mo., for its Heartland of America Conference.

The purpose of the conference [...]

The Japan Implosion Is Progressing

Remember:  Japan was using almost 25% of their tax revenue to service their national debt before this spike started.  They are in a debt trap and the noose is tightening.  Rapidly.

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/05/20130522_JGB2.jpg

 

Japan Govt Bond Year to maturity 10 Year Simple Yield

http://www.bloomberg.com/quote/GJGB10:IND/chart

THE ECONOMIC COLLAPSE OF JAPAN IS NOW IN PROGRESS – ALL THE ELEMENTS ARE IN PLACE FOR A DEBT CRISIS

http://investmentwatchblog.com/the-economic-collapse-of-japan-is-now-in-progress-all-the-elements-are-in-place-for-a-debt-crisis/

Japan’s bond market is officially losing control.

 

We have definitely taken out the multi-year trendline [...]

Gold And Silver – Markets Provide Us The Best Information

by Michael Noonan

 

We cannot control the markets, but we can control how to respond to what they are saying. The paper market has been turned into a circus, thanks to JP Morgan, and abetted by the exchanges, COMEX and LME. Focus has to remain on the physical market, for it is where one can expect to find true value for price. What everyone has learned is that as price has declined, [...]

Obama Intends To Collapse US Economy – Ann Barnhardt

Sisa: Economic Collapse Drug of Choice

from The Victory Report:

Greece’s infamous new drug, sisa, is basically meth and filler ingredients like battery acid, engine oil, shampoo, and cooking salt. The majority of its users are poor, often homeless, city dwellers reeling from the psychological and physical impacts of a country in the grip of economic collapse.

Part II

The US is obsessed with stopping “money laundering”. It’s also the biggest money launderer in existence.

Dirty Laundry, Golden Money – Darryl Robert Schoon

There Will Be No Economic Recovery. Prepare Yourself Accordingly.

Everything you need to know that the media is not telling you…

Stefan Molyneux, host of Freedomain Radio – and winner of the 2012 Liberty Inspiration Award – breaks down the unspoken facts about the end of freedom, opportunity and trade in the modern United States. There will be no economic recovery, prepare yourself accordingly.

 

CONFIRMED: It Is Simply Impossible For Any Central Bank To Exit Their Loose Money Policies Without Triggering Market Crash

As the market panic demonstrates, central banks are stuck on a treadmill of money printing

Oh what a tangled web central bankers weave when they practice to deceive… Last night’s panic in Tokyo, where the Nikkei dropped a stomach churning 7 per cent, demonstrates just how difficult it’s going to be for the world’s central banks to exit their loose money policies.

It’s not even as if Ben Bernanke, chairman of the [...]

German Government – New XBOX “ONE” is a monitoring device

This is huge!!

(The page is a google translation, so sorry for its bad grammar)

“Berlin – The Federal Data Protection Commissioner Peter Schaar has announced the Microsoft Xbox game console One criticism. “Under the heading, game device ‘Microsoft pushes a monitoring device in the market,” Schaar told SPIEGEL. “The Xbox continuously records all sorts of personal information about me. Reaction rates, my learning or emotional states. The are then processed on [...]

UFO on Fox in Fresno then deleted

This was deleted from the website after a couple of hrs can you say cover up they even provide evidence that it was not a weather balloon it stayed in sight for over 4 hrs

Benghazi, AP, IRS, Gold and Obama

He’s either incompetent or a liar. Hint, it’s not the former.

Grayson2014.com

Chinese Prime Minister Gives A ‘Remarkable’ Speech About Turning The Economy Over To Market Forces

In a major speech reported by the New York Times’ David Barboza and Chris Buckley, Chinese Prime Minister Li Keqiang says the Party will now more actively embrace market forces and encourage private, foreign investment into Chinese industry.

 

“The market is the creator of social wealth and the wellspring of self-sustaining economic development,” Li says.

The speech is being hailed as unprecedented in its embrace of capitalism. Writing on his blog, Nobel economist Gary Becker called [...]

Mount Etna eruptions becoming more violent, and scientists are baffled as to why!!!

Mount Etna eruptions becoming more violent, and scientists are baffled as to why

Posted on May 26, 2013by The Extinction Protocol

May 26, 2013 – ITALY – Mount Etna is spitting lava more violently than it has in years, and scientists are baffled as to why. Despite being the world’s most-studied volcano, the Sicilian mountain is also its most unpredictable. The volcano is raging. Fountains of lava, some taller than the Eiffel [...]

EVERYTHING WILL BE RECORDED – At Odds Over Privacy Challenges of Wearable Computing

Perhaps the best way to predict how society will react to so-called wearable computing devices is to read the Dr. Seuss children’s story “The Butter Battle Book.”

The book, which was published in 1984, is about two cultures at odds. On one side are the Zooks, who eat their bread with the buttered side down. In opposition are the Yooks, who eat their bread with the buttered side up. As the [...]

BREAKING!! Sky Sources: man stabbed in Woolwich (another incident!)

Sky Sources: man stabbed in Woolwich

https://twitter.com/SkyNewsBreak/status/338677386402988035

A 20-year-old man has been stabbed in the chest and arm in Woolwich just days after the murder of Drummer Lee Rigby.

The attack took place about 300 metres from the spot where flowers and cards were left in memory of the Drummer Rigby.

http://news.sky.com/story/1095844/man-stabbed-near-site-of-woolwich-murder

NJ Bars Busted Selling Rubbing Alcohol As Top Shelf Booze

When you’re out drinking with some friends, it can pay to stick to well liquor. Why? Because it’s a fairly common practice for unscrupulous bar owners to fill bottles of expensive, top shelf booze with the cheap stuff to raise their profit margins. As if that practice isn’t unpleasant enough, 29 New Jersey bars and restaurants — almost half of them T.G.I Friday’s locations — just got busted for filling bottles [...]

Rand Paul: IRS scandal threatens Obama’s ‘moral authority to lead’

Sen. Rand Paul (R-Ky.) on Sunday said the IRS scandal is threatening President Obama’s ability to lead the country.

Paul, appearing on ABC’s “This Week,” said that the IRS and other recent controversies “really takes away from the president’s moral authority to lead the nation.”

Read more: http://thehill.com/blogs/blog-briefing-room/news/302013-rand-paul-irs-scandal-threatens-obamas-ability-to-lead?utm_source=buffer&utm_medium=twitter&utm_campaign=Buffer&utm_content=buffer2f298#ixzz2US6c0VLj
Follow us: @thehill on Twitter | TheHill on Facebook

BREAKING: Large explosion heard in Northern Israel, apparently rocket hit from Lebanon — reports

Large explosion heard in Northern Israel, apparently rocket hit from Lebanon — reports

DEVELOPING: Residents in northern #Israeli city of Metula report hearing explosion; no word of rockets -

Sources: Rocket fired from south Lebanon toward Israel

Lebanese security sources say rocket has been fired in Israel’s direction, although it wasn’t immediately clear where it had landed; Israeli forces are searching Metula region for source of blast.

http://www.haaretz.com/news/diplomacy-defense/sources-rocket-fired-from-south-lebanon-toward-israel-1.526118

@L0gg0l

Large explosion heard in Northern Israel, apparently [...]

Consumers Will Soon Have Devices In Their Hands To Detect GMO and Toxic Foods

Marco Torres
preventdisease.com
May 26, 2013

In the not too distant future, consumers will be able to run on-the-spot tests for environmental toxins, GMOs, pesticides, food safety and more with their smartphones and other hand-held devices.

Every human being on every developed nation on Earth, whether living in a rural or isolated area, in the middle of a large city, or near an industrialized area, now contains at least 700 contaminants in their body [...]

‘I will gag the hate clerics’, says David Cameron.

David Cameron is planning new powers to muzzle Islamic hate preachers accused of provoking terrorist outrages such as the killing of soldier Lee Rigby.

The Prime Minister wants to stop extremist clerics using schools, colleges, prisons and mosques to spread their ‘poison’ and is to head a new Tackling Extremism and Radicalisation Task Force (TERFOR) made up of senior Ministers, MI5, police and moderate religious leaders.

The high-powered group will study a [...]

Philadelphia Parking Authority caught illegally parking to eat lunch — their faces are priceless

Carmen Reinhart And Ken Rogoff Write Huge, Brutal Letter To Paul Krugman Blasting Him For Being Uncivil

Econofeuds just got real.

 

Carmen Reinhart and Kenneth Rogoff — the two economists whose paper on the negative effects of high debt loads was exposed as flawed by a grad student — have written a long letter to Paul Krugman, blasting him for being uncivil and unprofessional in how he treats them in his writing.

The letter is quite long, not just going through Krugman’s tone, but also in going through his past [...]

BREAKING: Britain to target radical Muslim preachers after soldier’s killing

LONDON –  Britain’s government is setting up a new terrorism task force to tackle radical preachers and extremism, officials said Sunday, days after suspects apparently linked to extremist Islamist activists brutally killed a British soldier in a London street.

Home Secretary Theresa May said the group will look at whether new powers and laws are needed to clamp down on religious leaders and organizations who promote extremist messages and who target [...]

21 Stock Market Warning Signs Giving Investors Around The World Cold Sweats

This past week saw the stock market sell-off a bit.

 

With markets near all-time highs, is it possible we’ve seen the top?

“They come and go,” said Jack Bogle, warning that the market is probably due for a 25-50% sell-off. “I went through one in 1973-1974, I went through one in 2001, 2002, 2003; I went through another one 2008-2009. They’re kind of scary – often terrifying – but it’s typical.”

Indeed, the bears [...]

Beijing Plans to Reduce the State’s Role in the Economy

The Chinese government is planning for private businesses and market forces to play a larger role in its economy, in a major policy shift intended to improve living conditions for the middle class and to make China an even stronger competitor on the global stage.

In a speech to party cadres containing some of the boldest pro-market rhetoric they have heard in more than a decade, the country’s new prime minister, [...]

Knife attack on soldier in Paris treated as terrorism

bbc.co.uk
May 26, 2013

French anti-terrorist investigators are handling the case of a soldier stabbed while on duty near Paris on Saturday evening, prosecutors have confirmed.

The soldier was wounded while on patrol in La Defense, a business district west of the French capital.

Private First Class Cedric Cordier was approached from behind and stabbed in the neck with a small-bladed knife.

Defence Minister Jean Yves Le Drian told reporters that he had been targeted [...]

Fall-like Conditions Frustrate Beleaguered Business Owners

NEW YORK (CBSNewYork) — Memorial Day weekend it may be, but it might as well be mid-March for New Yorkers who stepped outside Saturday.

The Jersey Shore has technically reopened for the start of the season for the first time since Superstorm Sandy, but not too many people were heading to the shore on Saturday, 1010 WINS’ John Montone reported.

Gale force winds were blowing in from the west and chopping up the [...]

Millions rally around the world in March Against Monsanto – photos from Austin, Texas

(NaturalNews) Millions around the world rallied against Monsanto today, marching in person in nearly 300 cities and spreading the message of food freedom across websites, Facebook and Twitter.

In Austin, Texas, at least a thousand people took part in an upbeat, passionate celebration of food freedom, farm freedom and labeling or eliminating GMOs from the food supply. Although the day was rainy (which is rare for Austin), people and families showed [...]

Radiation leak after accident at particle accelerator at Ibaraki nuclear facility!!!! 33 PEOPLE SUFFER RADIATION EXPOSURE!!!

Gregor Peter‏@L0gg0l17 h
4 researchers received doses of up to 1.6 millisieverts

Gregor Peter‏@L0gg0l17 h
Radiation leak after accident at particle accelerator at Ibaraki nuclear facility in Japan, 30 feared hurt

http://www.japantimes.co.jp/news/2013/05/26/national/researchers-hurt-at-ibaraki-nuclear-facility/

30 PEOPLE FEARED HURT AFTER ACCIDENT AT IBARAKI NUCLEAR FACILITY IN JAPAN

At least six researchers suffered internal radiation exposure when an experiment involving elementary particles went awry and up to 24 more are feared to have been similarly exposed, the Japan Atomic Energy [...]

Sweden in flames: The Utopian boats of a multicultural success story turn to ashes

Fifth night of violent riots in Stockholm saw schools destroyed
Over 70 incidents reported overnight including a torched police station

Turmoil began Sunday night after police shot a man in Husby suburb

Incidents in other parts of Sweden spark fear riots are spreading

 

It is supposed to be the model multicultural state. But Sweden is facing problems of its own after gangs of immigrants spent a fifth consecutive night rioting  in Stockholm.

Officers are battling [...]

BREAKING: Two rockets hit Hezbollah-controlled district in southern Beirut

#BreakingNews: Two rockets hit Hezbollah-controlled district in southern Beirut: Reuters

http://www.breakingnews.com/….

Rockets hit south Beirut after Hezbollah vows Syria victory

http://www.ltbx.com/news/world.php?display=story&article=BRE94P01M

Reuters World ‏@ReutersWorld 4m

Two rockets hit Hezbollah-held district in Beirut: residents

RT ‏@RT_com 13m

DETAILS: Two explosions hit Lebanon’s capital near a car dealership

Two explosions in the southern part of the Lebanese capital have injured at least five people, state news reported. The attack on the Hezbollah-controlled district comes hours after the movement’s chief pledged [...]

Computer that lets you paint — with your thoughts

To the viewer it is an accomplished semiabstract image of flowers and clouds, but in fact this painting was produced by a paralysed woman solely through the power of thought.

Heide Pfützner, a former teacher from Leipzig, Germany, was diagnosed with Amyotrophic Lateral Sclerosis, also known as Motor Neurone Disease, yet she has managed to produce a series of the paintings with the aid of a new brain controlled computer.

She has [...]

Congresswoman announces opening of first 24-hour ‘migraine center’

New York congresswoman Carolyn Maloney announces that she will take part in the opening of a New York City migraine center. Maloney will be joined by Manhattan borough president Scott Stringer and city councilwoman Jessica Lappin.

http://www.weeklystandard.com/blogs/congresswoman-announces-opening-migraine-center_729065.html

Clinton leads ’16 poll in Iowa, but Rand Paul is close

Clinton leads 2016 poll: Hillary Clinton tops the latest poll of potential 2016 presidential candidates in Iowa. Clinton comes out ahead of Sen. Marco Rubio and Sen. Rand Paul.

Hillary Clinton for president in 2016?

Husband Bill says, “Relax.” Let his wife enjoy a bit of a private life for the first time in two decades.

But as far as the pollsters are concerned, the 2016 race is underway. And Kentucky Sen. Rand [...]

Banking insider: Deutsche Bank in danger zone and will go belly up

Deutsche Bank. Big bank. Biggest bank in Germany, and one of the biggest banks in the Euro Zone… they’re going to go belly up. Watch it. Watch it, I said it, it’s going to happen.

They are in such a danger zone, they don’t know what to do. Deutsche Bank’s derivative debt is greater than the global economy. That is one bank. $72 trillion in derivative exposure. The entire global economy, [...]