In the recovery so far – Top 1% incomes grew from $871k to $968k – Bottom 99% fell from $44k to $43.9k

"So far all of the gains of the recovery have gone to the top 1 percent" @JustinWolfers http://t.co/tSmQFUVnEL pic.twitter.com/DTZsyxqgwU

— The Upshot (@UpshotNYT) January 28, 2015

Far better instead to focus on the average of the past two years. That average supports the narrative that the economic recovery so far has only boosted the incomes of the rich, and it has yielded no improvement for […]

If you have most of your money tied up in the bank, you are either the most generous person in the world, or you are a fool of monumental proportions.

by Dave Hodges

If you have most of your money tied up in the bank, you are either the most generous person in the world, or you are a fool of monumental proportions. Have you invested in developing the means to defend your property and family’s lives? Do you have enough food and water stored up to survive at least two years? Nearly every publication estimates the derivatives debt […]

Cyber War Poses Risk of Bail-Ins to Banks and Deposits – Entire Western Financial System Is Vulnerable

by GoldCore

Cyber Attacks Growing In Frequency – Entire Western Financial System Is Vulnerable

The threat posed by cyber war to our increasingly complicated, technologically dependent and vulnerable financial institutions, markets, banks and indeed deposits becomes more clear by the day.

British and US agents will carry out a mock cyber attack or ‘cyber war games’ on the Bank of England and commercial banks in City of London and […]

The US minimum wage has declined 90% in REAL MONEY in just the last 40 years!!

In 1968, 22 hours of work on minimum wage bought you an ounce of gold, in 2011, 200 hours of work were required to afford an ounce of gold.

— trutherbot (@trutherbot) January 28, 2015

Today’s astonishing chart of the day graphs the US Federal minimum wage over the past 80 years….not based in fiat Federal Reserve notes…but based in real money: Gold. The US minimum wage has declined […]

Global Asset prices excl Energy & Metals at record highs overlaid with excessive debt levels=toxic primer for Asset implosion & deflation!

The only sector that I think is very inexpensive is Precious Metals, and in particularly precious-metals stocks.

— Marc Faber (@MarcFaberBlogs) January 28, 2015

Oil companies are looking at ‘outright liquidations’

http://www.businessinsider.com/oil-drillers-going-bust-2015-1

Major Oil Companies Planning $28B Cuts in Capital Spending by 2017 Amid Falling Oil Prices

The world’s leading oil companies are reported to be planning a $28 billion cut in capital spending by 2017 to keep debt […]

For 45 years. US foreign policy was based on being closer to both Russia & China than they were to each other. Obama has squandered that.

Bad U.S. Policy Pushes Russia, China and Iran Closer Together

Heck Of a Job …

As the following headlines show, bad American policy has pushed Russia, China and Iran closer together:

China calls for new Asian security structure based on group with Russia, Iran that excludes US (Fox) Russia may build eight nuclear reactors for Iran (Reuters) Russia signs 30-year gas deal with China (BBC) Putin Post-Mortem: “Unipolar Model […]

Dr. Jim Willie: “Dollar Death Process Has Started” – Sources: Germany Is Moving East!

One Radio Network was joined by Editor and publisher of the Golden Jackass and the Hat Trick Letter, Jim Willie, who as is stated at the very beginning of the interview, accurately predicted in 2013, the recent Swiss bombshell of unpegging their Franc from the Euro which recent sent the global economic community into shock.

Willie informs us that the “death of the US Dollar process has started”, that Germany […]

NONE of the scum that rises to the top of the septic lagoon that currently serves as modern American politics is going to “save the Republic” or give a crap about the Constitution because ALL OF THEM are sold out puppets to the banks and megacorporations — WITHOUT exception.

The definition of insanity is doing the same thing over and over and expecting different results.

I’m sorry, but I’m sick of people trying to lie to you and assure you that your vote for ANYONE in the presidential bread and circuses dog and pony show coming up in 2016 is going to matter in the slightest itty bitty teensy weensy little bit. Both sides of the carpet are […]

EU to consider barring Russia from SWIFT interbank system, Russian PM warns of tough response

Calls to disconnect Russian banks from the global SWIFT interbank system came amid the deterioration of relations between Russia and the West, and the introduction of sanctions in response to Moscow’s alleged role in the Ukraine conflict. Russia’s response to a possible cut-off from the SWIFT international banking payment system will be “unrestricted,” Prime Minister Dmitry Medvedev vowed.

What Do They Know? Why Are So Many Of The Super Wealthy Preparing Bug Out Locations?

By Michael Snyder

A lot of ultra-rich people are quietly preparing to “bug out” when the time comes.  They are buying survival properties, they are buying farms in far away countries and they are buying deep underground bunkers.  In fact, a prominent insider at the World Economic Forum in Davos, Switzerland says that “very powerful people are telling us they’re scared” and he shocked his audience when he revealed […]

If this chart doesn’t worry you, you’re not paying attention.

If this chart doesn't worry you, you're not paying attention. http://t.co/Nszm7lHBXM pic.twitter.com/28mlWWFHgl

— Justin Wolfers (@JustinWolfers) January 28, 2015

Contributions to universities are distributed more unequally than wealth: 10 schools get 18% of all donations.

Contributions to universities are distributed more unequally than wealth: 10 schools get 18% of all donations. pic.twitter.com/Te7ZGdUz5C

— Justin Wolfers (@JustinWolfers) January 28, 2015

US crude oil inventories are at their highest levels since 1983, and 25% above average for this time of year.

US crude oil inventories are at their highest levels since 1983, and 25% above average for this time of year. pic.twitter.com/K1ehYk0y9V

— Bespoke (@bespokeinvest) January 28, 2015

Another blow for AAPL Smartphones with the Longest Battery Life

Another blow for $AAPL #Smartphones with the Longest #Battery Life $SSNLF $HTCKF $SNE $LNFGY http://t.co/KoZienahPa pic.twitter.com/d6ciOdWjOA

— Andreas Cseh (@andreascseh) January 28, 2015

90% of hotel run by robots… Droids provide porter service, room cleaning, front desk help

Huis Ten Bosch theme park to get hotel staffed by robots

NAGASAKI – A hotel with robot staff and face recognition instead of room keys will open this summer in Huis Ten Bosch in Nagasaki Prefecture, the operator of the theme park said Tuesday.

The two-story Henn na Hotel is scheduled to open July 17. It will be promoted with the slogan “A Commitment for Evolution,” Huis Ten Bosch Co. […]

Is The Gold REALLY There?

“Is the gold really there”?  This is truly the question of all questions and at the core of everything that’s about to come!  Before getting into the topic itself, it is worth breaking the simple question itself down and into parts.  What gold?  Who’s gold?  And Where?  The answers are, your gold, your country’s gold, the gold claimed to be stored and backing various “receipts” like COMEX and GLD.  Is […]

The swiss franc will collapse

I have worked to keep this piece readable, and as brief as possible. My grave diagnosis demands the evidence and reasoning to support it. One cannot explain the collapse of this currency with the conventional view. “They will print money to infinity,” may be popular but it’s not accurate. The coming destruction has nothing to do with the quantity of money. It is a story of what happens when interest […]

Americans Awaken to 2 Party System Scam!

Independents far outnumber Republicans and Democrats – and it’s recordbreaking

“Republican, Democrat — and Maverick? We already know that Americans are weary of Congress, the White House, gridlock and government. Now that ire has inspired voter defections: The number of self-described ‘independents” is at a record high level says substantive new Gallup research. “An average 43 percent of Americans identified politically as independents in 2014,” says analyst Jeffrey M. Jones, […]

Our society is out of balance and distorted as a result. Corporations take precedence over people, and money directs the course of public policy and foreign entanglements, to its own ends. And the people are left to suffer.

by Jesse’s Café Américain “My hunch is that no one talks about the birth and death rates of American business because Wall Street and the White House, no matter which party occupies the latter, are two gigantic institutions of persuasion. The White House needs to keep you in the game because their political party needs your vote. Wall Street needs the stock market to boom, even if that boom is […]

A MAJOR PROPHETIC SIGN IN ISLAMIC PROPHECY: SAUDI KING DEAD

The Iranian state-controlled press is bringing attention to an Arabic report that Saudi King Abdullah is “clinically dead,” only holding onto life because of a ventilator. A film allegedly produced by Iranian President Ahmadinejad’s office in 2011 argued that Abdullah’s death will be a major prophetic sign signaling the “imminent reappearance of the Mahdi.”

Iran Reports Saudi King’s Death: A Green Light for War? | FrontPage Magazine

A Sign of […]

Interview with 2 FX traders about volatility after swiss frank uncapped from euro…

Interview with 2 FX traders about CHF: