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

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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 [...]

Gold And Silver – Use “Magic” Of Gold/Silver Ratio To Greatly Increase Your Physical Holdings.

by Michael Noonan

The magic of compound interest is well known.  What is lesser known is the magic of the gold/silver ratio, not as a measure as it is mostly viewed, but as an application for increasing one’s holdings substantially, over time.  What is so great here is that no magic is involved, rather simply utilizing the market to more than double your holdings.

So-called “Gold Bugs” are considered ardent supporters of the PM [...]

Facebook’s Mark Zuckerberg worth 33 BILLION Dollars, More than Google Founders

Facebook’s Mark Zuckerberg worth 33 BILLION Dollars, More than Google Founders

Democrat Brags Amnesty Will Create 4-5 MILLION New Democrat Voters

buncha conniving, corrupt, POS loser cuhntsThe worst kept secret in politics is perhaps the fact that if the scores of illegals flowing over the border were to vote Republican, then the Democrats would demand a wall be built tomorrow to keep them out. However, as many of us already knew the truth, Democrats have been determined to keep their “secret” a secret.Apparently, they’re not too concerned anymore if the American [...]


Sprott’s Tekoa Da Silva joins The Doc & Eric Dubin on this week’s Metals & Markets from the Sprott Natural Resource Symposium in Vancouver discussing:

PM futures roller coaster: metals smashed under $1300 and $21 ahead of options expiration, but close week with a strong Friday afternoon rally- is the take-down over?
Tekoa discusses his journey from PM journalist and pod-caster to Investment Executive [...]

But Wait, There Are A Few Differences Between Amazon and the US Postal Service

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter

When Amazon reported second quarter earnings, or rather losses, it surprised no one, though some people were surprised that it lost that much ($126 million). To make us feel better about those losses, and to be able to beat analysts’ expectations later, it preannounced losses between $410 and $810 million for the current quarter. Analysts fell all over each other dodging the question how a company [...]

Momentum back at 1987, 2000 & 2007 levels…Long in the tooth?



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 DJ Transports on a monthly basis, back to the early 1980′s. The upper lines represents monthly momentum.

As you can see momentum reached lofty levels back in 1987, 2000 and 2007, before turning lower in the months to come.

The rally off the 2009 [...]

Marc Faber & Jim Rickards: We Have A Bubble In Everything! Expect An Asset Freeze Or Bail-in In The Next Crisis

Marc Faber: ‘We have a bubble in everything!’

Timothy Pollard, Penions & Investments, Released on 7/24/14

Marc Faber, publisher of the “Gloom, Doom and Boom” newsletter warned against lofty asset valuations, excessive debt and investor complacency as he discussed his views on the market at a CFA Institute financial analysts seminar in Chicago Thursday.

In light of central bank monetary easing around the world, Mr. [...]


Greenspan says bubbles can’t be stopped without ‘crunch’
Former Fed chairman worries about false dawns and the looming Fed exit
Yellen: Pricking bubbles with sharp Greenspan-like language
Nevertheless, valuation metrics in some sectors do appear substantially stretched—particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year.“
EPA Chief: ‘This Is Not About Pollution Control…It’s an Investment Strategy’
Former Federal [...]

Alan Greenspan Predicts ‘False Dawn’ Stock Market Collapse 2014

Another Obama lie!! New IRS Form Proves Obama Lied About Individual Mandate Tax

Another Obama lie!! http://t.co/77kSLeuI60 New IRS Form Proves Obama Lied About Individual Mandate Tax #tcot @ericbolling #thefive #greta

— Janie Johnson (@jjauthor) July 25, 2014


On Thursday the IRS released a slew of draft 2014 tax forms. The new draft Form 1040 shows a new surtax line has been created for the payment of the individual mandate surtax – see line 61 of the 1040:

President Obama has repeatedly denied that [...]


by Dave Hodges

In the last article, I presented this map and posed the question, why would the military make a decided effort to keep our Navy in a permanent state of readiness by conducting unprecedented and an unparalleled set of war games continuously going on off of our three coastlines and several of our overseas territories? Guesses ranged from positioning the Navy, Marines and a fair amount of the Air [...]

NAS Report: Most U.S. Nuclear Plants Ill-Prepared for Worst-Case Scenarios!

The current approaches for regulating nuclear plant safety in the U.S. are “clearly inadequate” for preventing meltdowns and “mitigating their consequences,” according to a report released Thursday.

U.S. safety regulations traditionally ensure that plants are designed to withstand ordinary equipment failures, power losses and the loss of ability to cool the reactor core — the part of a plant where the nuclear reactions take place. But this is not enough, according [...]

Gold Lockdown Until Options Expiry Monday – New Singapore Gold Contract Threatens Manipulation

by GoldCore

Today’s AM fix was USD 1,292.50, EUR 961.18 and GBP 761.64 per ounce.
Yesterday’s AM fix was USD 1,300.00, EUR  964.68 and GBP 763.76 per ounce.

Gold fell $12.50 or 0.96% yesterday to $1,292.40/oz and silver slid $0.55 or 2.63% to $20.37/oz.

Singapore – Asia’s Growing Gold Hub

Silver for immediate delivery rose 0.5% to $20.50 an ounce in London. Platinum added 0.3% to $1,472 an ounce. Palladium rose 0.4% to $874.20 an [...]

Ukraine Crisis Intensifies, Israel Violence Spreads, IRS Targeting Emails Found

http://usawatchdog.com/weekly-news-wr… There are new allegations from the U.S. State Department about Russia actually shooting into Ukraine from the Russian side of the border. The State Department says Russian artillery is shooting at Ukraine army positions, and they have been doing so for weeks. Add this to the recent downing of the Malaysian jet, and you clearly get a picture of the situation in Ukraine getting far worse no matter who actually [...]

America Is the Only Country with a Favorable View of Israel

by WashingtonsBlog

The U.S. Is the Only Country Which Supports Israel No Matter What It Does

Americans – living in a huge country which has never really been invaded, and as the sole superpower – are famous for being out-of-touch with how the rest of the world thinks.

So my fellow Americans will probably be surprised to learn that the U.S. is more or less the only country in the world which has a favorable view [...]

U.S. 2014 Deficit projected at $583 billion, Balderdash!

Earlier this month, the White House Office of Management and Budget released a 2014 budget update in which they stated: The 2014 deficit is now projected to be $583 billion, $66 billion lower than the $649 billion deficit projected in March.

That is some neat trick!?  According to treasury.gov, the government has already chocked up $855 billion in deficit this year (October 1, 2013 to July 1, 2014)  So somehow by the end of the [...]

The Flame-Out Of Abenomics, in One Crucial Chart

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter

Abenomics, the new economic religion of Japan, has kept some of its promises: It created inflation while wages stagnated, thus whittling down real incomes, further squeezed by the broad consumption tax hike. It devalued the yen by 25%, thus vaporizing a quarter of the wealth of the Japanese without having to tell them directly. And to make up for the tax increase on consumers, Abenomics [...]

Red Alert! Food Supply Shockingly Sick FDA Approved Food Secret!

A mixture of six bacteria-killing viruses can be safely sprayed on meat and poultry to combat common microbes that kill hundreds of people a year, federal health officials
Revealed: the dirty secret of the UK’s poultry industry
Two-thirds of fresh retail chicken in UK contaminated with campylobacter
Using expired meat in China was allegedly company policy for a US-owned supplier
The Revolving Door Between Monsanto, the FDA, and the EPA
Labeling Food and Ingredients Developed [...]

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 [...]


Sunday on CNN’s “Fareed Zakaria GPS,” former Secretary of State Hillary Clinton discussed the United States standing in the world and said former President George W. Bush is the president who made her “proud to be an American.”



WASHINGTON (Xinhua) – The US State Department’s global database for issuing visas is still experiencing technical problems with the visa issuance system, according to a bulletin posted Saturday on its website.

“As of July 26, we are operating at a significantly reduced capacity and will be until we clear the document backlog. This issue is worldwide and is not specific to any particular country or visa category,” the bulletin said.

Read more:


The Next False Flag “We’re Coming For You, Barack Obama”

France’s promise of a recovery is not happening. The country is collapsing. Amazon posted a huge loss. The Swiss are now making a deal with China and are bypassing the dollar. Obamacare architect warned that those states without an exchange would not receive subsidies. Israel war on Gaza is based on false evidence that Hamas had something to do with the killing of the 3 teens. The central bankers/US Government [...]

Lawsuit accuses banks of rigging silver price

BBC, Released on 7/27/14

Deutsche Bank, HSBC and Bank of Nova Scotia have been accused of attempting to rig the price of silver, in a lawsuit filed in the US.

The plaintiff alleges the banks, which set the price of silver each day, abused their position in the market.

Deutsche Bank and HSBC have not commented on the filing, while Bank of Nova Scotia told [...]