Jim Rickards: The 25-Year Great Depression

Steve Meyers, The Money Morning , Released on 8/27/14

“When I use the phrase 25 year depression, it sounds extreme but it’s not. We had a 30 year depression in the United States from about 1870 to 1900…The Great Depression lasted from about 1929 to 1940. The U.S. is in a depression today.”

“The Fed doesn’t know what they’re doing – don’t ever think that they know what [...]

Germany delivers 16,000 assault rifles, 10,000 grenades to Kurds in Iraq

10,000 hand grenades, 16,000 rifles, 240 rocket-propelled grenades: Germany sends military equipment for 4000 Kurdish fighters in northern Iraq. This was decided by the Federal Government on Sunday evening.

Berlin – The fight against the jihadists of the ” Islamic State “(IS) will theKurds in northern Iraq, among other anti-tank missiles “Milan” and bazookas from Germany. The’ve Federal Foreign Minister Frank-Walter Steinmeier and Defense Minister Ursula von der Leyen said. It previously with a ministerial meeting headed by Chancellor had Merkel in Berlin agreed.

Germany sends [...]

Putin to Barroso: “If I want, I’ll take Kiev in two weeks”

Ukraine, Putin’s blackmail on the European summit: ‘If I want to take Kiev in two weeks “

He says that when he asked about the military boundless in Ukraine, the Russian leader went to the threats: “The problem is this – it’s the answer told by Tsar Barroso – but what if I want to take Kiev in two weeks.” As if to say, do not provoke me [...]


LONDON (AP) — The grandmother of a British boy with a severe brain tumor has accused UK authorities of cruelty for seeking an arrest warrant and pursuing the family abroad after his parents removed him from a British hospital against medical advice.

Patricia King told the BBC on Monday it was an “absolute disgrace” that her son and daughter-in-law were accused of child neglect after [...]

History Repeats As Another US President Ignores Multiple and Credible Terrorist Attack Warnings

by Dave Hodges

According to the Department of Homeland Security (DHS), ISIS, nor any other foreign terrorist group poses no specific threat to the United States in the immediate future. The FBI, in a report released on August 13, 2014, echoed the same sentiment despite the fact that last year’s Boston Marathon bombing and the 2009 Fort Hood shooting were both carried out by radical Muslim extremists.

The British Are Telling a Different Story

Central Banks Buying Shares of Stock Market!

Central Banks Trade S&P500 Futures
central banks around the world trade (and by “trade” we mean buy) S&P 500 futures such as the E-mini, in both futures and option form, as well as full size, and micro versions, in addition to the well-known central bank trading in Interest Rates, TSY and FX products.
Central Bank Incentive Program CME/CBOT/NYMEX/COMEX
The US has the highest effective corporate income tax rate
Stocks are at record highs because [...]

Further Russia Sanctions Seen `Almost Inevitable’

Sept. 1 (Bloomberg) — Otilia Dhand, analyst and vice president at Teneo Intelligence, discusses the outlook for further sanctions against Russia and the prospect of NATO involvement in the Ukraine conflict. She speaks with Guy Johnson on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)

Palladium Breaks Multi-Year High Over $900; Russian SWIFT Payment Ban Proposed By UK

by GoldCore

Palladium Breaks Multi-Year High Over $900; Russian SWIFT Payment Ban Proposed By UK

The palladium price made a new 13 year high today and reached $909/oz, its highest since February 2001. Markets fear that the global supply of palladium could be impacted by the threat of further sanctions against Russia.

Palladium in U.S. Dollars – 20 Years (Thomson Reuters)
The Russian mining industry has not been the target of sanctions so far, [...]

John Williams – Economy in Severe Trouble, No Bank Bail-ins-Inflation Instead

John Williams of Shadowstats.com is forecasting a possible dollar sell-off by the end of 2014. Williams predicts this will trigger the beginning of hyperinflation. Are we on track for this prediction? Williams contends, “Everything the Fed has been doing to pump this extraordinary amount of liquidity into the system, since the panic of 2008, has been aimed at propping up the banks. . . . The banks are still in [...]

Scientists Warn The United States To Prepare For Even More Riots, Brace Yourself (Video)

By using plain and simple math, along with data charts, scientists at the New England Complex Systems Institute have come to a clear-cut conclusion that when food prices rise, as much as they are in the US, then people start rioting.


Did you know right now in the US, 49 million Americans are already dealing with food insecurity. One in seven Americans rely on food banks.


One quarter of the American military [...]

California Drought: What Loosing ’63 Trillion Gallons of Water’ Looks Like!

A new study says that California’s drought is so severe it’s causing the ground to rise. Angela Fritz of The Washington Post reported scientists estimate 63 trillion gallons of water have been lost in the past 18 months.

What happens when 63 trillion gallons of water disappear? “As it turns out, 63 trillion gallons of water is pretty heavy,” Fritz wrote. ” … That incredible water deficit weighs nearly 240 billion [...]

Southern California Hospitals Prep for Ebola. CDC Issues Guidance for all US EMS Personnel. Over 100,000 Cases Expected in Next Few Months

Hospitals throughout Southern California are preparing for potential Ebola cases, even as they seek to reassure patients and health care workers that the risk is very low.Earlier this month, the Centers for Disease Control and Prevention issued infection control recommendations for hospitals to implement in case the Ebola virus were to reach American soil. Two American missionaries who became infected in West Africa were successfully treated and released in Atlanta [...]

Jeff Nielson: The US Economy is a House of Cards

Jeff Nielson of www.BullionbullsCanada.com joins me to discuss the state of the US and Global Economy

Sudan bans reporting on Ebola… US experts: rapid mutation could “render treatment and vaccines ineffective”:

August 2014 – AFRICA – The Sudanese authorities have prohibited local media from covering any news related to the Ebola virus. Press sources who asked not to be mentioned for security reasons confirmed to APA on Saturday that the security authorities have circulated warning to all media outlets not to publish any news or articles related to the transmission of the Ebola virus in Sudan. The prohibition came after local media reported on [...]

China Clears Local Bond Sales to Cut Debt, Developers’ Debt Risk Builds Up, PMI Data Pointing to Slowdown

China Clears Local Bond Sales to Cut Debt

Sept. 1 (Bloomberg) –- Bloomberg’s John Dawson reports on China allowing local governments to raise money through bond sales designed to cut high-risk debt levels. He speaks to Rishaad Salamat on “On The Move.” (Source: Bloomberg)

China Developers’ Debt Risk Builds Up

China’s PMI Data Pointing to Slowdown

China’s Imbalances Seen More Vital Than Data

Jim Willie: US Plans to Blame Russia for Coming Dollar Collapse!

Jim Willie joined TFMetalsReport this weekend for a special holiday podcast.   In this excellent report from the Hat Trick Letter editor, Willie discusses:

This week’s announcement by Gazprom that they will begin accepting payment in rubles and yuan
The escalation of US and EU sanctions against Russia and how they are failing/backfiring
Willie explains the US’ motives for provoking Russia via Ukraine: To entice Russia to prematurely move to place the [...]

A New World Order Forming WITHOUT Russia!

Henry Kissinger on the Assembly of a New World Order
A world order of states affirming individual dignity and participatory governance, and cooperating internationally in accordance with agreed-upon rules,
“Part of people’s concern is just the sense that around the world the old order isn’t holding and we’re not quite yet to where we need to be in terms of a new order that’s based on a different set of principles, that’s [...]

MH370 & ISIS 9/11/14 FALSE FLAGS Alert

False Flag Alert of September 11, 2014:

As the US Government and it’s criminal Representatives in Congress and the mockingbird media set up ISIS as the new “all-powerful” Boogeyman to be feared, Lt. General McInerney says, “We May Not Have Seen the Last of Flight 370″ and that we should go to DEFCON 1. Astoundingly, he claims we might see MH370 re-emerge on 9/11/2014! Meanwhile, Mike Honda, [...]


Russian Foreign Minister: Those Images of Tanks in Ukraine Are From a Video Game

THE SATURDAY ESSAY: How those who believe can justify anything from paedophilia in Rotherham to a war in Europe



The revelations in Rotherham allow me to plough a familiar furrow, albeit in a different context. But the lesson remains as clear as ever: beware of those who believe.

To those who’ve been on the ground in places like Stafford, Plymouth, Wrexham, Chester and Manchester, the Rotherham scandal reveals nothing new at all. It is of course a change to see the MSM admitting that yet [...]

Home-Flipping Collapses in San Francisco, Losses Spread

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

Home flippers are hardy folks who dive head-first into housing markets to buy homes at a discount from estimated market value, rehab them if they have to, trim the trees and cut the weeds out front, and flip the unit in less than a year, hopefully at a premium over estimated market value. If all works out, they’re rewarded with fat returns on investment.

War & Stock Markets at All Time Highs! S&P up 195% since 2009

https://www.youtube.com/THORnews This video is serious & is only intended for mature adults who can handle getting a grasp on reality. Reality is scary. We’ve got stock markets hitting new highs every week, war on all 4 courners of the Earth and a media that is helping politicians divide and conquer everyone at will.

Crazy days, Indeed.

God bless everyone,


Is Ebola a Manufactured Crisis to Bring in Martial Law? – Metals & Markets Holiday Edition

In this special Holiday Weekend Edition of Metals & Markets, The Doc & Eric Dubin discuss: 

Chinese silver inventories decimated in Shanghai, while US & Royal Canadian Mint sales remain on pace for all-time sales records
The Doc puts Ebola death totals in perspective- Are the powers that be manufacturing a crisis to usher in martial law & restrict American travel, or are we facing a bonafide Ebola contagion? 
Eric breaks down the latest on [...]

Golfer & Chief Attends Democratic Fundraiser In Democratic State With The Highest Unemployment In The Country…

http://www.turnto10.com/story/26404693/obama-to-headline-fundraiser-in-newport-fridayObama arrives in RI, heads to Newport fundraiserPresident Barack Obama is on a fundraising blitz and Newport is one of his stops.The president arrived in Rhode Island on Friday evening en route to headline an event for the Democratic Congressional Campaign Committee at a residence on Ocean Avenue.

Andy Kiersz for Business Insider

It’s called the Ocean State, but Rhode Island might better be considered a satellite of the Rust Belt, as [...]

UK Terror Threat Level Changed To Severe In Preparation For The False Flag Event

The US Government is pushing the economic recovery very hard at this point. Chicago PMI bounced back, GDP, consumer confidence, stock market all up. The only problem is that the people are not spending, housing is down, people can’t find jobs. So the manipulated stats are losing credibility. FBI issued a report that the number one threat is domestic terrorists. Japan increases defense budget to purchase more military assets. UN [...]

Rapidly Mutating Ebola Renders Diagnostic Tests Inaccurate – AKA: You May Have a New Strain of Ebola and Test Negative

An international team of scientists — some of whom succumbed to the virus during the course of their research — has sequenced 99 Ebola virus genomes from 78 patients in Sierra Leone, creating a valuable trove of genetic data for scientists and health care workers struggling to bring the growing outbreak under control.…“We were able to sequence and analyze our samples with about a 10-day turnaround. This is unprecedented, as [...]

The 5-Year Stock Market Rally: Ending with a Whimper, or a Bang?

All stock market rallies eventually end. Many observers expect the current rally to accelerate northward before the start of the next downtrend. But market history tells a different story. Learn what to look for so you can prepare.

ISIS The Start of World War III?

The group emerged in the ashes of the U.S.-led invasion to oust Saddam Hussein as al-Qaeda in Iraq (AQI)
The self-proclaimed caliphate stretches from the newly conquered towns along the Syrian-Turkish border, through its de-facto capital of Raqqa, in northern Syria, across the obliterated Iraqi border into Mosul, Tikrit, and Falluja, down to the farming towns south of Baghdad—roughly a third of the territory of both [Iraq and Syria].
Netanyahu Warns U.S. [...]

Thanks to the Fed, the Patient Is Now Past the Point of No Return

by Phoenix Capital Research


Many commentators consider what the Fed has done to be akin to providing stimulus, morphine, juice to an ailing economy.

We believe Fed’s actions would be more appropriately described as permitted cancerous beliefs to spread throughout the financial system, thereby killing Democratic Capitalism which is the basis of the capital markets.

Today we’re going to explain what the “final outcome” for [...]

An Autumn storm brewing?

Americans cut spending for first time in six months

Outlays drop for first time since January as income growth slows

WASHINGTON (MarketWatch) — Consumers cut spending in July for the first time in six months, a surprising drop that could lead to sharply lower third-quarter growth unless outlays rebound quickly.

Consumer spending dropped a seasonally adjusted 0.1% last month, the Commerce Department reported Friday. Economists polled by MarketWatch had predicted a seasonally adjusted [...]

CRASH2: The roadsigns become so frequent, people can’t see them for looking



Despite a consensus expecting US disposable income to grow by 0.2% in July, it fell by 0.1% – for the first time in six months. Having endured the jobless recovery, it looks like Americans might now be in for the cashless recovery.

In Russia, the economy is rapidly weakening: inflation is high, the ruble is weak, interest rates are climbing, and disposable incomes have [...]


by James Quinn

The sheep have been told their confidence is at a 7 year high by the propaganda peddlers working at the behest of the oligarchy. The sheep are also told that 10 million jobs have been added since the GOTUS played his first round back in 2009. The sheep have been told the record highs in the stock market prove that all is well. If the .1% are doing fantastic, some [...]

BOOM: ‘Upscale’ DENNY’S Opens In Manhattan… $300 Champagne Breakfast… Manhattan Condo Prices Reach Record High… Midtown landlord rents ‘luxury’ 2 bedroom — for 22 people!

BOOM: ‘Upscale’ DENNY’S Opens In Manhattan… $300 Champagne Breakfast…

Denny’s Corp., the restaurant chain known for dishes such as the Grand Slam and Moons Over My Hammy, is opening its first diner in New York City.

The restaurant opens at 5 a.m. today on the ground-floor of a luxury residential building on Nassau Street in lower Manhattan, across from City Hall and just north of Wall Street. The diner [...]

The Blueprint for World War III

by Dave Hodges

This article is the first of a two part series which details the coming war. This war will not be a simple war of occupation such as what we saw in Iran and presently in Afghanistan. This war will be utterly devastating and has the potential to escalate into a conflict befitting the over-used term, “Armageddon”.

Part one of this series will present what boxing fans [...]


Aug 29 (Reuters) – President Vladimir Putin said on Friday Russia’s armed forces, backed by its nuclear arsenal, were ready to meet any aggression, declaring at a pro-Kremlin youth camp that foreign states should understand: “It’s best not to mess with us.”

Putin told the assembly, on the banks of a lake near Moscow, the Russian takeover of Crimea in March was essential to save a largely [...]

Wildfires Now Described as APOCALYPTIC!

Pump and Dump: How Much Does It Cost To Manipulate An Entire Market? Not Much. And It’s Getting Cheaper!

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

How much does it cost to manipulate an entire market? Not much. And it’s getting cheaper!

It was leaked on Tuesday by “people with knowledge of that matter,” according to the Wall Street Journal, that VC firm Kleiner Perkins Caufield & Byers had decided in May to plow up to $20 million into message-app maker Snapchat, for a tiny portion of ownership. An undisclosed investor [...]

Ebola Accelerates – Mutating Rapidly! FDA Seeks to Dispel Outbreak Fears while Admitting there are no Treatment Drugs or Vaccines

The Food and Drug Administration has posted a Web page with quick facts about the Ebola virus and the outbreak in West Africa in order to fight misconceptions about the disease permeating the general public.“Currently, there are no FDA-approved vaccines or drugs to prevent or treat Ebola,” the FDA says on its page. “Ebola does not pose a significant risk to the U.S. public.”Read more:


Funeral Ignites Ebola Spread as New [...]

The single biggest trend defining the 21st century has men on edge


“Men are losing their grip,” wrote Jennifer Homans in her New York Times review of “The End of Men and Rise of Women,” Hanna Rosin’s bestseller. “Patriarchy is crumbling. We are reaching ‘the end of 200,000 years of human history and the beginning of a new era’ in which women, and womanly skills and traits, are on the rise.” Warning guys, this is the last gasp of [...]

Pentagon Has ‘Everything Must Go’ Sale

After protestors in Ferguson, Missouri, were met with a militarized police force, new attention was brought to the Pentagon’s 1033 program, a program that supplies military-grade equipment to local police departments, often for free. Check out a commercial Reason TV has unearthed advertising the program to law enforcement.

Approximately 1:37 in length.

Performed by Will Neff. Written and produced by Neff and Paul Detrick.

Visit http://reason.com/reasontv for downloadable versions and subscribe to Reason TV’s YouTube Channel to [...]

DROUGHT: Hundreds Of Homes In CA Town Without Water For Weeks… As Wells Go Dry… ‘My kids had to wear dirty clothes to school’…

DROUGHT: Hundreds Of Homes In CA Town Without Water For Weeks…As Wells Go Dry…

EAST PORTERVILLE (CBS13) — Hundreds of people in a California town have no water after wells ran dry during the state’s drought.

The small town of East Porterville in Tulare County has about 7,300 residents, and at least 300 homes have been without water for weeks.

“We can’t shower. We’re wearing dirty clothes. My kids had to wear dirty clothes to school this [...]

“Central Banks Should Give Money Directly To The People” – Gold Bullish CFR Proposal

by GoldCore

“Central Banks Should Give Money Directly To The People” – Gold Bullish CFR Proposal

Helicopter Janet?

Last week, a very radical proposal appeared in the pages of the influential ‘Foreign Affairs’ magazine, the publication arm of the equally influential Council on Foreign Relations (CFR) think-tank based in New York.

An article “Print Less but Transfer More – Why Central Banks Should Give Money Directly to the People”, that has been picked up [...]

Scientists Drastically Underestimated Amount of Fukushima Radiation Worldwide

by WashingtonsBlog

Fukushima Radiation Has Spread Worldwide

We noted 2 days after the Japanese earthquake that radiation from Fukushima could end up on the West Coast of North America. And see this.

We started tracking the radioactive cesium released by Fukushima within weeks of the accident.

In fact, U.S. nuclear authorities were extremely worried about west coast getting hit by Fukushima radiation … but publicly said it was safe.

We reported that Fukushima radiation spread worldwide.

And we’ve documented for years that the failure to [...]

BREAKING– Icelandic Volcano Erupting Now! Livestream

After an earthquake swarm in the area, the Bardarbunga volcano erupted Friday in Iceland.

The eruption started in Holuhraun, north of Dyngjujökull, which is located in northern Vatnajökull, just after midnight Friday, local time, the Icelandic Meteorological Office said.


Papua New Guinea’s Mount Tavurvur volcano erupts back to life


Barðarbunga Volcano Livestream





Argentina Inflation, Devaluation, & Default Are Future of U.S. Economy!

Argentine Peso Slides as Officials Say Currency Is Under Attack
Argentina Declared in Default by S&P as Talks Fail
UPDATE 1-Argentine inflation quickens for first time in 6 months in July
An Argentine Dictator’s Legacy
Following the war, they experienced hyperinflation. By 1923, one U.S. dollar was equal to one trillion marks. This was said to have contributed to the rise of Hitler.


U.S./Ukraine Pushing Russian Invasion Propaganda

The recovery illusion in the US is continuing. Q2 GDP has been revised hire to 4.2%. Pending home sales decreased YoY. The housing bubble mimics the housing bubble of 2008. US and Ukraine are losing the war against the people of Ukraine. Ukraine and the US are using the Russian invasion propaganda once again. Ukraine had purchased the same T-72 tanks from Hungary on Aug 2 that are now being [...]

WAR DRUMS: Ukraine Asks The US To Grant us The Major Non NATO Ally Status, US Sending Troops And Weapons To Ukraine!

WAR DRUMS #Ukraine asks the US to grant us the major non NATO ally status






The last two times this happened, small-cap stocks got crushed



When it comes to “Monthly Momentum” it can take a while to become very over bought or over sold. The Russell 2000 monthly momentum reached lofty levels back in 1998 & 2007. Once momentum support broke at (1) & (2) in the Russell, it experienced declines ranging from 23% to 53%.

Opposite has taken place before strong bull markets. When monthly momentum reached oversold levels back in 2003 [...]

Wall Street Admits That A Cyberattack Could Crash Our Banking System At Any Time

By Michael Snyder

Wall Street banks are getting hit by cyber attacks every single minute of every single day.  It is a massive onslaught that is not highly publicized because the bankers do not want to alarm the public.  But as you will see below, one big Wall Street bank is spending 250 million dollars a year just by themselves to combat this growing problem.  The truth is that [...]

Here it is: DNA sequences reveal Ebola’s spread and mutation!

DNA sequences reveal Ebola’s spread and mutation The virus was not recognized in West Africa until March of this year, however, when the first case was confirmed in Guinea. Gire said the West African epidemic likely began after a single zoonotic event — in other words, transmission of the virus from an animal to a person.

Gire said his study shows that more than 300 mutations have occurred since Ebola began infecting people [...]

Everyone Knows That When The Economy Is Strong, So Is The Stock Market… Except, It’s Not Exactly True.

The second quarter U.S. GDP has just been revised upward from 4% to 4.2%. That’s a very impressive number. And everyone knows that when the economy is strong, so is the stock market… Except, it’s not exactly true.

Futuristic Chinese ‘Supersonic’ Sub Could Reach US Shores In Under Two Hours!

Traveling from Shanghai to San Francisco in under two hours may sound like a fantasy, but China believes it’s figured out how to design an underwater vehicle that can make the idea a reality.

More worryingly, though, is the possibility that the technology will be used to develop even more dangerous weaponry.

According to the South China Morning Post (SCMP), the super-fast technology was developed by scientists at the Harbin Institute of [...]

WHO – Ebola cases could be more than 6 times as many as doctors know about now.

GENEVA—The World Health Organization says the Ebola outbreak in West Africa eventually could exceed 20,000 cases, more than 6 times as many as doctors know about now.At least 40 per cent of the cases have been in just the last three weeks, the U.N. health agency said, adding that “the outbreak continues to accelerate.”


Ebola outbreak: ‘It’s even worse than I’d feared’(CNN) — “It’s even worse than I’d feared,” Dr. Tom [...]

Russia and China are building up huge gold reserves while abandoning the dollar

Just look at this chart.They KNOW that something is brewing…


It’s bunker time!


The Nanny State Is Chemically Castrating Our Children’s Brains

by Dave Hodges

Government should not be in the business of mandating personal choices and government should never be allowed to legislate choices which should be reserved for parents with regard to their children’s health and welfare. The parents are sovereign over the welfare of their children, not the nanny state.

In the name of increasing the corporate bottom line, the government watchdog industries of the DEA and FDA, as well as the office [...]

UKRAINE: Russia invading… PRESIDENT: Russian troops brought in… Assaults intensify… Russia and Ukraine are now at war?

UKRAINE: Russia invading…

KIEV, Ukraine — Fighting between the Ukrainian military and what Ukrainian and Western officials say are Russian troops worsened early Thursday, prompting fears in Ukraine that a Russian invasion of their territory has begun.

Ukrainian officials say Ukrainian troops are continuing to battle combined Russian and separatist forces on a new southern front around the border town of Novoazovsk, east of Crimea on the Sea of Azov. A military spokesman [...]

Russia Sanctions Hit German Consumers, “Economic Expectations Completely Collapse”

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

It starts out un-alarmingly. The optimism of German consumers weakens somewhat, according to the forward-looking Gfk survey, conducted on a monthly basis for the European Commission. So the overall index fell to 8.6 for September, from 8.9 in August. It was the first decline since January 2013.

The index bottomed in late 2008 below 2, after a breathtaking crash during the financial crisis. In late [...]

Central Bankers Will Attack ISIS and The Assad Regime

France’s President replaces the economy minister with a central banker. France is collapsing, unemployment hits an all time high. China and Russia start using rubles and yuan for oil trade bypassing the dollar. NATO planning for more bases, military assets in Eastern Europe. US preparing to bomb the Islamic State which is a cover to bomb Syria and to remove Assad. The UN came out with a report which implicates [...]

18 Signs That The Obama Administration Is Openly Hostile To The Military

By Michael Snyder

Has there ever been an administration that has had more disdain for the U.S. military than the Obama administration?  The way that this administration treats our veterans and the way that this administration is gutting our armed forces is absolutely shameful.  As you will read about below, Obama and his minions have been purging the military of officers that do not agree with their agenda, they [...]

Analyst: Fed’s low interest rates could bring ‘scary’ 60% market crash

Markets could soon face a fall of up to 60 percent, two experts told CNBC on Wednesday.

A jolt to international confidence in central banks will lead to a 30 to 60 percent market decline, David Tice, president of Tice Capital and founder of the Prudent Bear Fund, told CNBC’s “Power Lunch.” When this happens, he said, markets will face a “period of extreme turmoil.”

This [...]

Big U.S. Banks: “Something is Very Wrong”… When Banks Lend Money, It Gets Deposited In Other Banks, Which Can Lend It Out Again… A Deposit Becomes A Loan Becomes A Deposit Becomes A Loan… It Is Virtually Unlimited….

Overleveraged banks could send the economy into another financial crisis. That’s the message of a Stanford finance professor who’s been on a mission to get banks to raise their reserve levels. She says “something is very wrong” with the banking industry.

ALERT! California Bill Requiring Kill Switch On Smartphones Becomes Law!

Existing law regulates various business activities and practices, including the sale of telephones.

This bill would require that any smartphone, as defined, that is manufactured on or after July 1, 2015, and sold in California after that date, include a technological solution at the time of sale, which may consist of software, hardware, or both software and hardware, that, once initiated and successfully communicated to the smartphone, can render inoperable the [...]

By Most Metrics This Is The Most Sub Bar Recovery We Have Ever Had… ‘I Believe We Are Generating A Crisis’…

Aug. 27 (Bloomberg) — Canaccord Genuity’s Tony Dwyer and Bianco Research’s Jim Bianco discuss the 30-year bond yield and the state of the U.S. economy with Trish Regan on “Street Smart.” (Source: Bloomberg)

WHO Calls ‘Emergency Meeting’, Setting the Stage to Ok ‘Experimental’ Ebola Drugs!

NEW YORK – The World Health Organization will host a closed-door conference in Geneva with some 100 health-care experts from around the world to explore the alternative medical treatments and experimental drugs available to combat Ebola.

The WHO hopes the conference, Sept. 4-5, will lead to the approval of one or more treatments to combat the current Ebola outbreak in Africa.

WHO spokeswoman Fadela Chaib in Geneva explained to WND in an [...]

Europe’s Greater Depression is worse than the 1930s…. Europe is turning Japanese….. Zombie banks… French Jobseekers Surge To Record High… Greek prostitution up 1,500 percent


Europe hasn’t recovered, because it hasn’t let itself. Too much fiscal austerity and too little monetary stimulus have, instead, put it more than halfway to a lost decade that’s already worse than the 1930s.

It’s a greater depression.


But it’s a little misleading to just call this a depression. It’s worse than that. Europe is turning Japanese. The combination of zombie banks, a rapidly aging population and, most importantly, too-tight money have pushed it [...]

Economist: Stocks No Longer Risky, Will Go Up ‘Steadily’

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

With fundamentals and economic realities having become totally irrelevant these days, economists are reassigned to tout stocks.

The S&P 500 hit the milestone of 2,000 yesterday before backing off. Today, it closed at 2,000 sharp, as if by coincidence. It’s up nearly 200% since March 2009. It hasn’t seen even a run-of-the-mill nothing-to-worry-about correction of 10% in almost three years, though these corrections occur about every [...]


NYT Wednesday: Obama working to forge sweeping international ‘climate change’ agreement – but without Constitutional requirement for Senate ratification of traditional treaty… 


Obama about to Carbon Tax your asses…$5 per gallon gas coming.

Obama Pursuing Climate Accord in Lieu of Treaty

WASHINGTON — The Obama administration is working to forge a sweeping international climate change agreement to compel nations to cut their planet-warming fossil [...]

Pres Obama tells world we don’t have a strategy for #ISIS. General Jack Keane calls him out:

Pres Obama tells world we don't have a strategy for #ISIS. General Jack Keane calls him out: http://t.co/AmKwUTsglM pic.twitter.com/U0zZktvdDK

— FOX & Friends (@foxandfriends) August 29, 2014

US housing bubble 2.0? TTM average of median US new home sale prices, January 1963 – July 2014:

US #housing bubble 2.0? TTM average of median US new home sale prices, January 1963 – July 2014: pic.twitter.com/QrWn1ZcbXz

— $hane Obata (@sobata416) September 1, 2014

New Round Of MASSIVE SOLAR FLARES Caught On Video

Emily Miller Describes The Red Tape She Had To Go Through To Legally Own A Gun In Washington DC

David Smith: “The Worm Is Turning” on the Dollar

Mike: It is my privilege now to be joined by David Smith, Senior Analyst at The Morgan Report and regular contributor to ILB’s website. David, thanks for coming on again. How are you?

David: Very good, Mike. It’s good to speak with you again.

Mike: David, you’ve written a couple of really informative exclusive articles for us over the last couple of weeks that I want to talk with you about a [...]