With Silver enduring the largest 1-day smash in 18 months Thursday, PM Fund Manager Dave Kranzler joined the show this week discussing:
1. Gold & silver take-down on options expiration/ First Notice Day- Cartel had to force selling of 3 million oz of Feb gold contracts to prevent a potential run on delivery in Feb gold! 2. With the cartel desperate to prevent a delivery run on […]
Mac Slavo January 31st, 2015 SHTFplan.com
Want to own your own home, but stuck, temporarily, renting until you can? You aren’t alone.
Wolf Richter outlined a pretty eery scenario.
The 2008 financial Armageddon was in larger part a result of the housing bubble bursting. Thanks to the subprime mortgage scandal, millions of homeowners were put in homes they couldn’t afford, making the awful game of musical chairs an […]
Very few observers expect a repeat of the subprime mortgage crisis. But the former chief credit officer of Fannie Mae is sounding the alarm. We have a forecast of our own.
Who does Greece owe? How €323bn debt breaks down http://t.co/V1t9vF8frA pic.twitter.com/ADr13TsBkA
— BBC News (World) (@BBCWorld) January 31, 2015
Younger workers' wages have been worst hit by the downturn, as @symeonbrown finds out – watch http://t.co/DxTUI1ScXR #c4news
— Channel 4 News (@Channel4News) January 30, 2015
A lot of people agree that both the market and the US economy will crash. I explore the reasons for the impending stock market crash and it begins with government lies about unemployment and the US GDP.
BY JOHN WARD
This is Deutsche Bank’s transparency track record in recent years:
* The US Federal Reserve Bank of New York questioned the bank’s reporting procedures and “myriad oversights” in late 2013.
* Britain’s Financial Conduct Authority (FCA) placed Deutsche Bank’s London office under “enhanced supervision” last August, and fined it £4.7m for “reporting failures”.
* Yesterday, the German Federal Financial Supervisory Authority said it had begun an inquiry […]
WASHINGTON, Jan 31 – The United States and its allies carried out 27 air strikes against Islamic State militants in Iraq and Syria since early Friday, the Combined Joint Task Force leading the operation reported on Saturday.
Ten of the 17 strikes in Iraq hit near the oil city of Kirkuk, it said. In Syria, Islamic State targets near the border town of Kobani were attacked in eight of the […]
The mega-rich are preparing for a peasant revolt, buying secluded estates and arranging escape plans if the poor rise up against the wealthy, Robert Johnson, president of the Institute for New Economic Thinking told RT. Founded in the wake of the 2008 financial crisis, the think tank associated with leading universities such as Oxford and Duke tracks the level of economic inequality in the world, which has skyrocketed during […]
US Mint Sells Fourth Largest Amount of American #Silver Eagles in January https://t.co/dClutsLani @PopescuCo pic.twitter.com/ax6NzyTiDX
— Smaulgld (@Smaulgld) January 30, 2015
As China's Offshore Yuan Crashes, Beijing Warns Its Citizens: "Don't Buy Dollars" http://t.co/LlQZs8iKOe pic.twitter.com/4WHpneFs8M
— Dan Popescu (@PopescuCo) January 31, 2015
U.S. oil rig count -94 to 1,223 pic.twitter.com/0JKb7r99VL
— Jonathan Ferro (@FerroTV) January 30, 2015
Back over 15 / USD for the first time since March 2009, the Mexican Peso is tumbling hard this morning… and the Brazilian Real is also tanking (back near 10-year lows) – no clear catalyst aside from further weakness in oil producer and EM FX sentiment.
Peso under pressure
Back to March 2009 lows..
Is Brazil about to follow Argentina and Venezuela into […]
Short Chevron stock, like now….
It was less than 24 hours after we posted that either oil will double from here allowing energy companies to grow into a normal P/E multiple, or energy stocks will have to crash by over 40% for the ridiculous 23x to return to its normal, long-term average of 13.6x. Moments ago energy giant Chevron admitted that not only does it not see oil doubling […]