Currency War Rattles Brazil, Wakes Up The People

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

Fed Chairman Ben Bernanke and his ilk refuse to see the connection. They’re too busy ogling inflation in the US that is suspiciously low. But China has its eyes riveted on the revolt in Brazil. Like all revolts, it’s about deep-seated issues and inequalities, but the spark that lit it – after price and asset inflation had made life too expensive for the middle class [...]

BREAKING: 509 homes lost in Colorado’s Black Forest Fire; 28 partially damaged; fire remains at 85% containment… Tornado warned storm over Two Buttes in southeast Colorado

509 homes lost in Colorado’s Black Forest Fire; 28 partially damaged; fire remains at 85% containment - @CBSDenver

Colorado wildfire destroys more than 500 homes, new blazes menace West http://reut.rs/1bTw5wx 

Colorado wildfire snuffs over 500 homes; California fire a threat http://reut.rs/10v39eo 

Wildfire task force considering tougher limits for homeowners in burn zones http://huff.to/19N72i8 

TRC Affiliate chaser, Eric Duncan, Streaming live from tornado warned cell in Colorado. Watch Live:

Help Colorado Now…good place to go to volunteer [...]

China Is Literally On The Brink of An Unprecedented Systemic Collapse

PBoC refused to inject liquidity into the market

Short-term interbank lending rates surged 200 basis points to an all-time high of almost 8% on Wednesday after the PBoC refused to inject liquidity into the market. “The only explanation is that the central bank wants to send a warning signal to commercial banks and other credit issuers that unchecked credit expansion, particularly through the shadow banking system, will not be accommodated,” says CNC Asset [...]

A New Financial Scandal – Bigger Than LIBOR?

They allege that the world’s biggest banks have been systematically manipulating the foreign exchange rates used to set the value of trillions of dollars of investments and derivatives. The main target of this has been pension funds all over the world.

Quote:

Bloomberg reported yesterday that five whistleblowers who have been working as foreign exchange traders have stated that the $5 trillion foreign exchange market is rigged. They allege that the world’s [...]

FOMC: Today Is The Big Day. “The Next 18 Months Will Redefine Economic Orthodoxy For The West”

Kyle Bass covers three critical topics in this excellent in-depth interview before turning to a very wide-ranging and interesting Q&A session.

The topics he focuses on are Central bank expansion (with a mind-numbing array of awe-full numbers to explain just where the $10 trillion of freshly created money has gone), Japan’s near-term outlook (“the next 18 months in Japan will redefine the economic orthodoxy of the West”), and most importantly since, [...]

U.S. Mint Sales of Silver Coins Reach Record in 2013 First Half

by GoldCore

 

Today’s AM fix was USD 1,366.00, EUR 1,019.86 and GBP 874.91 per ounce.
Yesterday’s AM fix was USD 1,378.50, EUR 1,030.35 and GBP 880.32 per ounce.

Gold fell $16.60 or 1.2% yesterday and closed at $1,367.10/oz. Silver finished down 1.01%.

Gold’s weakness continues and gold is now near the lowest level in four weeks, as a liquidity driven rally in stocks and investor caution over the Federal Reserve’s monetary policy is contributing [...]

The Only Thing Certain About Today’s Fed Meeting

by Phoenix Capital Research

The Fed will announce its moves today at 2PM.

There’s really no telling what will happen.  The markets have become truly schizophrenic. For instance, stocks continue to rally as though more QE is coming.

However, Gold, which has lead stocks into every major Fed program, continues to fall…

Moreover, Treasuries continue to fall, which indicates that less bond buying is coming…

In simple terms, the markets are all over the place. Some [...]

Author Bob Wiedemer of The Aftershock Investor: Get Out of Stocks & Bonds, Gold Will Go to $6,000+

 

http://usawatchdog.com/robert-wiedeme… - In his latest book, “The Aftershock Investor,” Bob Wiedemer says to get out of stocks and bonds. He predicts, “Between now and 2014, I think you’re going to fall out of bed. . . . Stock investors could take a very big hit—well over 50%.” Wiedemer calls gold “the once and future king” and goes on to predict “gold will go to $6,000 to $7,000 per ounce.” Join Greg [...]

Farewell Bernanke – Thanks For Inflating The Biggest Bond Bubble The World Has Ever Seen

by Michael

Federal Reserve Chairman Ben Bernanke is on the way out the door, but the consequences of the bond bubble that he has helped to create will stay with us for a very, very long time.  During Bernanke’s tenure, interest rates on U.S. Treasuries have fallen to record lows.  This has enabled the U.S. government to pile up an extraordinary amount of debt.  During his tenure we have also seen mortgage [...]

A Huge Worldwide Crash Is Coming: Europe Is On A One Way Road To Hell, Turkey, Brazil, & Argentina Are Cracking, China Is Set For A Total Financial Meltdown, And President Obama Just Give The Signal To Short The Bond Market!!!

When a central bank like the Federal Reserve turns itself into a hedge fund, you know the lunatics have fully taken over the asylum. leverage is leveraged again. madness is the meme.

The Greenspan put has been around at least since 1998 when LTCM was so conveniently bailed out by the Reverend ” free money ” Al. Bernanke has continued the tradition.

The result has been a set of incredible bubbles around [...]

Many Of The Largest Charities In America Are Giant Money Making Scams

by Michael

How would you feel if you donated money to help disaster victims or cancer patients and you later found out that more than 97 percent of the money that you gave never got into the hands of the people that needed it?  Sadly, that is happening all over America today.  In fact, in some of the worst cases, less than a penny of every dollar that is donated ends up [...]

10 Disturbing Tales From The Side Streets And Dark Alleys Of America

by Michael

Every night Americans prove that they are willing to do absolutely horrible things to their fellow human beings.  Most of the time, we never even hear about the sick and twisted things that happen on the side streets and dark alleys of America.  Once in a while a particularly twisted story will get picked up by the news, but usually most Americans are pretty much able to isolate themselves from [...]

European Banks Have More Than €1 Trillion of Toxic Assets On Their Balance Sheets, Les Echo Says

“Bad Banks” a bomb of € 1.000 billion for European taxpayers

Overshadowed by the sovereign debt crisis and the recession of the real economy, the crisis “subprime” is not a done deal. Detonator European financial bomb, it leaves a bill that banks and European states are not ready to settle. To save big banks, crippled by bad debts and illiquid assets accumulated over the years since 2007, constituted “bad banks.” Balance, six years after [...]

Real Life Spy Drama On U.S. Bound Plane: “I’m Dead Already, They’re Gonna Kill Me” *VIDEO REPORT*

Mac Slavo
June 18th, 2013
SHTFplan.com

 

(Passenger Daniel Perry is escorted off of a United Flight originating in Hong Kong.
Is he a national intelligence asset?)

To add further drama and confusion to the story of Edward Snowden, NSA Spying and Central Intelligence Agency involvement, a passenger on a U.S. bound flight out of Hong Kong Monday claimed that intelligence agents had detained him, were going to kidnap him, take him to a safe house, [...]

JPMORGAN SILVER MANIPULATION has ENDED? – Jason Burack

As Federal Reserve Meets, Americans Should Get Prepare For Higher Interest Rates On Credit Cards, Loans, Larger Monthly Payments On Home Purchases And CUT SPENDING!!

ALERT: Peter Morici: As Federal Reserve meets, Americans should consider cutting spending
Wednesday, the Federal Reserve is expected to indicate how quickly it will push up interest rates.

Ordinary Americans can expect monthly payments on home purchases to rise, selling houses they already own to get tougher, and interest rates to jump on credit cards and other consumer loans.

Recent retail sales reports indicate the average family is spending freely and not saving [...]

What the Bond Market Says About the Likelihood of the Fed Tapering

by Phoenix Capital Research

The big question on every investors’ lips today and tomorrow is: “will the Fed announce or hint at tapering QE?”

Over the last two years, one of the biggest tools in the Fed’s arsenal has been verbal intervention: the act of saying something in order to push the market up. Time and again 2011-2012 saw various Fed Presidents appear at key points to push the market higher by promising more [...]

Obama Mentions that Chief of the U.S. Federal Reserve Bank Bernanke “Stayed a Lot Longer Than He Had Originally Planned”

Obama Drops A Big Hint That Bernanke Isn’t Coming Back 

President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than he had originally planned.

Obama, speaking to Charlie Rose, host of a PBS interview program, compared Bernanke to longtime FBI Director Robert Mueller, who agreed to [...]

Sharyl Attkisson’s computer hacked: Computers just turning themselves on at night and then turning themselves back off again…

Sharyl Attkisson Shares Update On Computer Hacking Investigation

Just days after CBS News confirmed that reporter Sharyl Attkisson’s computer had indeed been hacked, Attkisson spoke to Dom Giordano about the investigation.

“This suspicious activity has been going on for quite some time – both on my CBS computer and my personal computer,” Attkisson said. “CBS then hired its own independent cyber security firm, which has been conducting a thorough forensic exam … [...]

Janet Yellen,The Frontrunner to Replace Bernanke… On The Verge Of Becoming The Most Powerful Woman In The World…

A Woman Virtually Nobody Has Heard Of Is On The Verge Of Becoming The Most Powerful Woman In The World

t’s looking increasingly likely that Ben Bernanke will no longer be the Chairman of the Federal Reserve at this time next year.

In an interview Monday, President Obama said Bernanke has “already stayed a lot longer than he wanted or he was supposed to.”

When asked about his intentions regarding plans for the [...]

Local governments quietly cutting hours to skirt ObamaCare

When Regal Entertainment Group (RGC) in April blamed ObamaCare for the fact that it was cutting some of its workers’ hours, backers of the law mounted a furious backlash against the theater chain, among other things filling its Facebook page with boycott threats.

“Greed and selfishness make me sick,” one of them said.

Darden Restaurants (DRI) felt this intense heat last year after suggesting it might shift to more part-time work to minimize the cost of [...]

RAW VIDEO – VIOLENT EXPLOSION IN RUSSIA CAUGHT ON CAMERA

Dollar Deterioration Sets Stage for $5000 Gold | McAlvany Commentary

 

 McalvanyFinancial, Published on Jun 19, 2013

-Emerging markets triggering next global recession
-Trade surplus countries are Inflation Factories
-Gold charts firming, FED dictates short course

65 Week Moving Average Chart:http://www.mcalvanyica.com/market-rep…

The Fuse is Lit Part III:
http://www.youtube.com/watch?v=OhlvKj…

Don McAlvany, The Great Gold Robbery:http://www.youtube.com/watch?v=Z7MwaN…

Late-term abortion ban passed… For women who are beyond 20 weeks into their pregnancy… The incidents of rape resulting in pregnancy are very low…

House passes late-term abortion ban

The House voted Tuesday to impose a nationwide ban on abortions after 22 weeks of pregnancy over Democratic objections that the bill represents a dramatic attempt by Republicans to restrict abortion rights.

As expected, the vote fell out mostly along party lines in a 228-196 vote — just six Democrats voted for it, and six Republicans opposed it.

Democrats voting for the bill were Reps. Henry Cuellar (Texas), Dan [...]

Berlin Speech: 200,000 for Obama in 2008; Only 6,000 Today

The White House pool report reveals that only 6,000 will be in attendance for Obama’s Berlin speech today:

The stage for the president’s speech is set up on the East side of the Brandenburg Gate, in the old East Berlin. The sun is pounding down and there are around 6,000 invited guests according to German authorities. There are bleachers set up either side of the square, with a big two storey [...]

Under The New World Order

How you will live under globalism, when there are no alternatives allowed to you. Music by Claire K. Rivero. Video by Michael Rivero.

BOB JANJUAH: Ben Bernanke Is Scared

Nomura’s bear Bob Janjuah believes the “why” is fear.

From his note last week:

So for me, ‘tapering’ is going to happen. It will be gentle, it will be well telegraphed, and the key will be to avoid a major shock to the real economy. But the Fed is NOT going to taper because the economy is too strong or because we have sustained core (wage) inflation, or because we have full employment [...]

Tapering Could Be Good For Gold: “Reset” w/Vince Lanci

Ron Paul – Gold Could Go to ‘Infinity’

Ron Paul still likes gold. In fact, he thinks it could go to “infinity.” With CNBC’s Jackie DeAngelis and the Futures Now Traders.

Stunning maps show world’s most dangerous weather hot spots – in a neighborhood near you

A series of stunning heat maps—created by a man who’s probably a little better with Excel than you are—shows the places in America most prone to natural disasters.

http://l.yimg.com/bt/api/res/1.2/…/http://media.zenfs.com/en/blogs/thesideshow/wildfires-heat-map.jpg

John Nelson, a mapping manager for IDV Solutions, created U.S. maps of tornadoes, hurricanes, earthquakes and wildfires using publicly available data and Excel—a process he describes as “the kitchen-sink school of thematic mapping.”

http://news.yahoo.com/blogs/sideshow/heat-maps-tornado-hurricane-earthquake-201552371.html

A map shows the direction in which tornadoes have traveled over [...]

A white in Beijing China got beaten up by Chinese when attempt to rape a girl.

Real event. happened on May 8th. all over Chinese twitter or news.

he got arrested.

Each day 134 shops, restaurants and bars close in recession-hit Italy

If anyone is still not convinced that surging stock bourses in Europe are indicative of anything more than central bank liquidity, carry trade allocation and localized asset bubbles, we present a snapshot of what is actually happening on the ground via Italy’s Ansa: “It’s a massacre,” said Confesercenti President Marco Venturi. “Each day 134 shops, restaurants and bars close in recession-hit Italy, retail association Confesercenti said on Wednesday. Confesercenti, which represents small [...]

Japan finds highly toxic strontium in Fukushima groundwater!!! Tepco wants to release this into ocean. Criminal!

Japan finds highly toxic strontium in Fukushima groundwater

High levels of a toxic substance called strontium-90 have been found in groundwater at the Fukushima nuclear power plant in Japan.

Strontium-90 is a by-product of the fission of uranium and plutonium in nuclear reactors, as well as nuclear weapons.

The discovery of rising levels of such radioactive material is likely to complicate efforts by the plant’s operator, Tokyo Electric Power Co (TEPCO), to get [...]

Mississippi Schools Sending Children To Prison As Punishment For Misbehavior

At one point or another during our time as school children, each of us has been in detention or at least knew what detention was. It’s usually a classroom where we sit and do homework or be bored while recess is underway. Not so for students in Meridian, Mississippi.

Students in Meridian, especially African-American and disabled children, face the prospect of prison time for even the silliest infraction. As it turns [...]

Obama says NSA surveillance programs have saved lives, averted at least 50 terror threats

BERLIN – Trying to tamp down concerns about government over-reach, President Barack Obama on Wednesday defended U.S. Internet and phone surveillance programs as narrowly targeted efforts that have saved lives and thwarted at least 50 terror threats.

“This is not a situation in which we are rifling through ordinary emails” of huge numbers of citizens in the United States or elsewhere, the president declared during a news conference with German Chancellor [...]

VIDEO: Russell Brand terrifies anchors on MSNBC by lecturing them about how the media distracts from real news

The last 4 minutes are the most interesting!

The Resident: Crazy fish and sick pigs, made in the USA

A recent study indicated that prescription antidepressants in our waterways can make fish homicidal and otherwise crazy. Another recent study indicated pigs fed GMO corn and soy were more likely to have severe stomach inflammation and enlarged uteri. Put the two together and what do you get? The Resident (aka Lori Harfenist) discusses.

Gerald Celente’s Trends In The News – “The Business Of War”

Paul B. Farrell: New China billionaires’ Happy Meditation Guide

By Paul B. Farrell, MarketWatch

In my guidebook, “Millionaire Meditation,” there are 40 ways to achieve the happiness that comes from meditating. All 40 have one common element: To be truly happy you must master “Rule One — Focus on What You’re Doing in This Moment, and Nothing Else.”

Billionaires have mastered this rule passed down from the great Chinese Buddhist masters: To be truly happy, they focus on money, block [...]

Strong Earthquake – Russia, destroyed more than 500 houses in the village of Bachatsky

The US Geological Service says it registered a strong 5.3-magnitude earthquake. Russia’s Emergencies Situations Ministry estimated the earthquake to be magnitude 4.3.

The quake destroyed more than 500 houses in the village of Bachatsky, home to 16,000 people, when it struck at around 3 a.m. Moscow time at a depth of 9.8 kilometers. “The nature of the tremors is being clarified, the epicenter is yet unknown,” a local emergencies spokesman said.

http://en.rian.ru/russia/20130619/181745938/Earthquake-Halts-Mining-in-Russian-Coal-Heartland.html

More [...]

VIDEO: Fukushima and Radioactivity in Seafood by Dr. Greger

DESCRIPTION: The majority of radioactive fallout from the Fukushima nuclear power plant tragedy was absorbed by the Pacific Ocean. What does that mean for seafood safety?

Unfortunately our oceans have become humanity’s sewers; everything eventually flows down into the sea.

Another great video by Dr. Greger

Uprooting the Leading Causes of Death 

DESCRIPTION: Death in America is largely a foodborne illness. Focusing on studies published just over the last year in peer-reviewed scientific medical [...]

New Currency This Fall (Yes With Dates Newer Than 2009…) w / New Lew Signature

After teasing by pundits and even President Barack Obama himself about his infamously Lew-py signature, Treasury Secretary Jacob Lew has reconfigured his official John Hancock and submitted it for printing on U.S. currency, and the new version was unveiled via Twitter on Tuesday afternoon.

The signature will begin appearing on bills this fall, the Treasury Department said, and will start with the $5 note. It takes about 18 weeks to implement the series change for [...]

CITI: Here’s Why The Fed Wants To Slow Down QE, Even Before The Economy Hits Its Goals

Englander explains that in addition to economic improvement, this is the Fed’s big worry.

I would add concern that balance sheet expansion is generating returns driven by pure risk, rather than top line gains. The evidence: strong outperformance of dividend versus growth and NASDAQ stocks in the first four months of 2013, the bidding up of low quality EM debt markets, the boom in non-investment grade debt and the exponential improvement [...]

BREAKING – HUGE VOLCANO EXPLODES IN MEXICO! CAM CATCHES PYROCLASTIC FLOW

MASSIVE EXPLOSION FROM MEXICO VOLACNO!!!!