U.S. Web Attacks Skyrocket Ahead of Mid East Action: 81% Above Normal *Real Time Heat Map*

Mac Slavo August 28th, 2013


Outgoing Department of Homeland Security secretary Janet Napolitano ominously warned of a coming “cyber event” in an open letter to her successor this week, claiming that such an attack on the domestic internet “will have a serious effect on our lives, our economy, and the everyday functioning of our society.”

Why Oil Could Move Higher–Much Higher

by Charles Hugh-Smith

Commodities could rise even as global demand sags.

The conventional wisdom of the moment is that a weakening global economy will push the cost of commodities such as oil down as demand stagnates. This makes perfect sense in terms of physical supply and demand, but this ignores the consequences of financial demandand capital flows.

Chinese Stock Market is Dying, Missed Expectations and Unexpectedly Dropped to a 9-Month Low

The Mechanism That Holds Chinese Banks Together Is Falling Apart

China’s seven day repo rose to a record high of 10.77% in Shanghai, the highest since March 2003, according to Bloomberg*.

Meanwhile, the one-day rate hit a record 12.85%. And Zerohedge reported that overnight repo hit 25%.

The liquidity squeeze in China first began ahead

Morning News: McDonald’s Sales Down 0.6% Worldwide, China Faking Its Economic Data, CNBC Viewership Plunges To Eight Year Lows, Roubini Says Look Out for A Big Market Crash

McDonald’s Asia Brings Down April Comparable Store Sales

Here’s the regional breakdown:

U.S. up 0.7% (Est. down 0.05%) Europe down 2.4% (Est. down 1.01%) Asia/Pacific, Middle East and Africa (APMEA) down 2.9% (Est. down 1.44%)

“In April, APMEA’s comparable sales declined 2.9%, reflecting the impact of Avian influenza, primarily in China, and softer results in

Will DOW Hold 14K? US To Reduce War Spending MASSIVELY In Coming Years, Obama’s Balanced “Tax-Loophole” Closing Will Crush Corporate Earnings, Insider Selling Surges, And World Risks ‘Perfect Storm’ On Capital Flows As Currency War Started

Sucker Alert? Insider Selling Surges After Dow 14,000

Insiders have been pulling out of stocks just as small investors are getting in.

Selling by corporate executives has surged recently as the Dow Jones Industrial Average hit 14,000 and retail investors flooded into stocks. The amount of insider selling has usually preceded market selloffs.


It Begins: Ecuador Demands Repatriation Of One Third Of Its Gold Holdings

One week ago, when we reported the news that the Bundesbank had secretly pulled two thirds of its gold from London we said the following:

… Germany has done nothing wrong! It simply demanded a reclamation of what is rightfully Germany’s to demand.


And here is the crux of the issue: in a globalized system, in which

China planning for possible Greek euro exit.

The Chinese government has called on key agencies including the central bank to come up with plans to deal with the potential economic risks of a Greek withdrawal from the euro zone, three sources with knowledge of the matter told Reuters on Monday. The sources said the plans may include measures to keep the yuan

Bank of Korea Urges ‘Orderly’ Exit From Global Monetary Easing – Bloomberg

From Bloomberg:

Bank of Korea Governor Kim Choong Soo urged major central banks to plan an orderly withdrawal of excess liquidity and said that further easing may hurt emerging economies and the global economic recovery.

Extra loosening “could do more harm than good when the financial markets are already flooded with cheap liquidity but remain

Governments Everywhere Having Deep Money Problems

Bob Chapman International Forecaster Thursday, April 12, 2012

It was 13 months ago we disclosed that the administration passed a stimulus bill known as the $17.5 billion “Hiring Incentives Act” to restore employment. It required that foreign banks not only withhold 30% of all outgoing capital flows, and disclosure of the full details of transactions

The Bull Run Is Over? Analysts Predict Gold Will Plunge Below $1000

Mac Slavo

It’s over folks. According to some analysts recent price swings indicate that the gold and silver run-up will soon be coming to an end.

Sharp falls in the gold price have prompted some bears or pessimists to predict it will plunge below $1,000 (£625) an ounce.

Goldcore priced bullion at $1,721

Greek death spiral accelerates

By Ambrose Evans-Pritchard Economics Last updated: February 9th, 2012

Another normal day at the Hellenic Statistical Authority.

We learn that:

Greece’s manufacturing output contracted by 15.5pc in December from a year earlier.

Industrial output fell 11.3pc, compared to minus 7.8pc in November.

Unemployment jumped to 20.9pc in November, up from 18.2pc a month earlier.

I have little

European CEOs Move Cash to Germany In Case of Euro Breakup

European CEOs Move Cash to Germany In Case of Euro Breakup

By Manuel Baigorri and Richard Weiss

Dec. 9 (Bloomberg) — Grupo Gowex, a Spanish provider of Wi-Fi wireless services, is moving funds to Germany because it expects Spain to exit the euro. German machinery maker GEA Group AG is setting maximum amounts held at

Why The European Union Is Doomed: The structural flaw at the heart of the E.U. dooms it and the euro to either dissolution or radical tranformation.

by Charles Hugh Smith from Of Two Minds

Why The European Union Is Doomed

The structural flaw at the heart of the E.U. dooms it and the euro to either dissolution or radical tranformation. To understand the structural flaw which dooms the European Union, we need to start with the Union’s fundamental financial characteristics.


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