By Paul B. Farrell, MarketWatch
Yes, March Madness. Ride higher? Take profits, bail? That’s the big question America’s 95 million investors are asking.
We called the bottom at 6,547, a new bull in March 2009. Market’s been up over 100% since. But big risks ahead: Stick or bail?
Bet you’re maxed out on all the contradictions from Wall Street noisemakers. So let’s get some advice from four unconventional sources. First, start [...]
Kurt Nimmo
Infowars.com
June 28, 2012
The Federal Reserve has circulated a memorandum for comment that classifies gold bullion as a zero risk asset, according to John Butler and Financial Sense.
“For the first time, unencumbered gold bullion is to be classified as zero risk, in line with dollar cash, US Treasuries and other explicitly government-guaranteed assets,” he writes.
Butler states that the move amounts to the re-monetization of gold. He speculates that the Fed may be [...]
Note also concerns that GB pound may also come under pressure if it’s realised GB could be hit hard by debt contagion:
Sterling has hit a near three-and-a-half year high against the euro in the wake of new political uncertainties in the eurozone, paving the way for cheaper holidays for UK tourists.
The pound has risen against the single currency to levels not seen since autumn 2008 after elections in France and [...]
sfgate.com
Number of the day
88 million
That’s how many working-age Americans don’t have a job and aren’t trying to find one. The increase in people dropping out of the labor market altogether skews the otherwise-positive unemployment numbers released last week. While the jobless rate fell to 8.3 percent in January – a three-year low – it doesn’t account for this army of nonworking Americans. The percentage of people participating in the labor [...]
Kurt Nimmo
Infowars.com
November 7, 2011
HSBC, a prized bankster asset connected to the City of London, is warning of a global depression, reports CNBC.
Analysts at the global banking and financial services company are looking at the “risk on – risk off paradigm” which they say is dominant feature of the market since the start of the financial crisis back in 2007.
“The recent events in the euro zone have caused the risk on [...]
Roller coaster ride for silver and gold/Switzerland/Dexia/ Deutsche Bank’s Ackerman
Good evening Ladies and Gentlemen:
I promised you on Saturday, that we would get an extreme volatile day today and the bankers threw everything at the gold/silver comex trying to quell demand. The Swiss tried to stop its currency from being a safe haven by basically pegging it to the Euro. I guess that just leaves gold and [...]
Globally there has been economic unrest. Stocks have been on a roller coaster ride for the past few weeks and this leave many wondering where to put their money. We ask Gerald Celente, publisher of The Trends Journal, where his investments are in these uncertain times?
Original source
Oh well. Here we go . On with the fisticuffs.
Worlds weather gone wonky with good graphics.
http://www.wunderground.com/blog/JeffMas…
Every year extraordinary weather events rock the Earth. Records that have stood centuries are broken. Great floods, droughts, and storms affect millions of people, and truly exceptional weather events unprecedented in human history may occur. But the wild roller-coaster ride of incredible weather events during 2010, [...]
By Dian L. Chu
Crude oil market has been on a wild roller coaster ride ever since riots started escalating in Egypt and Libya. The latest Libyan supply disruptions sent WTI futures surging above $103 a barrel in New York on Thursday, Feb. 24, while Brent oil in Europe was also closing in on $120 a barrel.
However, both oil markers retreated mostly due to traders scrambling to [...]
By Andy Xie
Fortunes Due and Fitting
This year may start out looking like the last, dipping down later and then resurfacing with hope. Like last year, 2011 will be a year of transitions. What’s kept the global economy stable – fiscal and monetary stimulus in the West and asset bubbles in the developing world – may also act as a catalyst for the next crisis. The timing [...]
Nomura’s chief macroeconomist, Richard Koo, whose views we have often repeated on Zero Hedge, is out with his latest prediction which unfortunately has nothing good to say about the future of the US: “We have shown—using the example of the Â¥2,000trn in output that was saved in Japan and the fact that the fiscal stimulus provided by World War II quickly pulled the world’s economies [...]
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