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.



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.


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 [...]


“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.


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 [...]


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.


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
- 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

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!



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


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 [...]


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-…


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 [...]


A protester interupts a performance by Susan Rice. The supporter rightly brings up the issue of Gaza and the fact that 95% of the munitions doing the killing are U.S., in my opinion, justifies the mans actions.

As Rice began speaking, the protester — who had been sitting in a back row reserved for the press — left his chair and stepped into the aisle directly in front of Rice. “The [...]

Airplane Melted Into The Tarmac At Moscow’s Airport

There has been a flight delay in Moscow’s Domodedovo. The problem causing it is highly unusual. The plane, which is owned by S7 Siberian Airlines had its wheel embedded 10-15 centimeters into the melted airport tarmac! Officials say it all melted due to the high temperatures currently in Moscow. We are currently experience a long and dry heat wave. The delay on that single flight was around six hours.What do [...]

U.S Accuses Russia Of Violating Nuclear Arms Treaty; Cold War 2.0 Growing Dangerously Hot

The U.S has now come out and accused Russia of violating a nuclear arms treaty that was signed in 1987 by President Ronald Reagan and Soviet leader Mikhail Gorbachev. The U.S has called this a “a very serious matter”.


The Obama Administration’s Orwellian government employee snitch network, dubbed the “Insider Threat Program,” first made headlines about a year ago.Fast forward a year, and it appears that several members of Congress are also becoming increasingly concerned.What is clear since the Edward Snowden revelations is that the government has zero interest in reining in these programs.  It merely wants to make sure the public can never learn about government criminality in the [...]


“We are pleased to announce the signing of the Treaty for the establishment of the BRICS Contingent Reserve Arrangement (CRA) with an initial size of US $100 billion.  This arrangement will have a positive precautionary effect, help countries forestall short-term liquidity pressures, promote further BRICS cooperation, strengthen the global financial safety net and complement existing international arrangements…. The Agreement is a framework for the provision of liquidity through [...]