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Dollar Debt Inferno: The Forecast From Hell

“I understand people hate the dollar and cannot imagine a rally. That is the VERY reason the dollar will rally. Everyone and their adopted twice removed brother is short the dollar. Who is left to sell more? It is the biggest short position in history!!!! EVER!!!!! A dollar rally will turn the world upside down and cause the greatest amount of confusion and PAIN!!!!!!”

http://armstrongeconomics.com/2013/05/08/dollar-trade-reserves/

Exactly what is happening as we speak..

- [...]

Gold Record High in Yen – Rush to Sell Jewelery, Buy Coins and Bars

by GoldCore

Today’s AM fix was USD 1,581.50, EUR 1,207.16 and GBP 1,032.24 per ounce.
Yesterday’s AM fix was USD 1,572.50, EUR 1,205.26 and GBP 1,026.50 per ounce.

Gold climbed $12.20 or 0.78% yesterday to $1,584.70/oz and silver surged to a high of $28.06 and finished +2.68%.

Yen versus Currencies and Precious Metals, YTD –( Bloomberg)

Soros’ yen “avalanche” would appear to have begun with the yen having fallen by 9.5% against gold in 5 [...]

ECONOMIC APOCALYPSE IS HERE!! GIGANTIC MISS: JUST 88K NEW JOBS, DOW OFF SHARPLY, 90 MILLION AMERICANS EXIT LABOR FORCE! The 30 Years Japanese Bubble Is Blowing Up, China Slaughters Thousands Of Birds To Stem Flu’s Spread, Deutsche Bank On Central Bank Intervention: “We Are Flying Blind”! Dexia Credit Need Emergency Central Bank AID!!!

Just over 4 hours ago we discussed the stunning collapse in 10Y Japanese bond yields. Since then – things have taken a very dramatic turn for the worse for bonds. 10Y JGB yields have exploded higher. The move from 32bps to 65bps triggered circuit breakers on the Tokyo Stock Exchange in JGB Futures trading as JGB prices plunged by their largest amount since September 2002. We can only imagine there is liquidations galore [...]

Gold Down In February – Weak Hands Sell On Poor Sentiment; Smart Money Holds Or Adds To Positions

by Gold Core

Today’s AM fix was USD 1,570.00, EUR 1,203.99 and GBP 1,043.74 per ounce.
Yesterday’s AM fix was USD 1,591.00, EUR 1,213.39 and GBP 1,049.20 per ounce.

Gold fell $16.70 or 1.05% yesterday in New York and closed at $1,580.40/oz. Silver slid to a low of $28.40 and finished with a loss of 1.66%.

Gold in USD – 2 Years – 50, 100 and 200 Day Moving Average – Bloomberg

Gold fell 5% in [...]

National Debt Passes $16.5 Trillion

National Debt Passes $16.5 Trillion

Treasury Direct link

=========================

The Daily History of the Debt Results

Historical returns from 02/01/2013 through 02/13/2013

The data for the total public debt outstanding is published each business day. If there is no debt value for the date(s) you requested, the value for the preceding business day will be displayed.

( Debt Held by the Public vs. Intragovernmental Holdings )

 

 

Date
Debt Held by the Public
Intragovernmental Holdings
Total Public Debt Outstanding

02/01/2013
11,598,372,554,293.94
4,835,407,359,586.40
16,433,779,913,880.34

02/04/2013
11,626,337,288,025.30
4,848,711,110,140.49
16,475,048,398,165.79

02/05/2013
11,625,727,190,868.48
4,855,183,465,735.48
16,480,910,656,603.96

02/06/2013
11,625,346,979,571.39
4,854,607,678,532.18
16,479,954,658,103.57

02/07/2013
11,629,141,154,310.54
4,858,423,143,581.49
16,487,564,297,892.03

02/08/2013
11,629,086,187,262.76
4,859,822,660,565.49
16,488,908,847,828.25

02/11/2013
11,628,591,907,992.80
4,861,338,742,601.35
16,489,930,650,594.15

02/12/2013
11,628,648,227,429.31
4,865,719,111,994.35
16,494,367,339,423.66

02/13/2013
11,668,602,027,147.93
4,855,702,571,931.11
16,524,304,599,079.04

 

Low inflation may allow longer QE: Fed’s [...]

Gold In Euros Surges 1.8% After Draghi Warns; Soros Says EU May Collapse Like USSR

by GoldCore

Today’s AM fix was USD 1,669.75, EUR 1,245.15 and GBP 1,059.55 per ounce.
Yesterday’s AM fix was USD 1,675.75, EUR 1,235.99 and GBP 1,065.86 per ounce.

Silver is trading at $31.57/oz, €23.68/oz and £20.04/oz. Platinum is trading at $1,720.75/oz, palladium at $743.00/oz and rhodium at $1,225/oz.

Cross Currency and Precious Metal Table – (Bloomberg)

While gold fell in dollar terms yesterday, it surged 1.8% in euro terms from €1,235/oz, soon after the ECB [...]

WATCH – Special Forces, Intel Chief: ‘Everything Done In Every Marxist Insurgency Are Being Done In America Today’

A Summary of the U.S. Senate’s Draconian Gun Control Proposals

Worldwide Recession: Unemployment Near Depression Level, Poverty Is Still Spreading, Monetary Policy Is Fueling Currency And Trade Wars, And Inflating New Speculative Bubbles. SOROS Warned Of Japan’s New Monetary Policy Will Badly Affect The German Economy!!

By Barry Grey, Global Research

The World Bank issued its biannual Global Economic Prospects report Tuesday, sharply downgrading its forecast for economic growth from its previous report released last June. The Washington-based international lending agency projected an expansion of the world economy in 2013 of only 2.4 percent, down from its forecast six months ago of 3.0 percent.

The bank said the global gross domestic product (GDP) grew by 2.3 percent in 2012, downwardly [...]

New U.S. Sanctions To End “Turkey’s Game Of Gold For Natural Gas”

by GoldCore

Today’s AM fix was USD 1,741.00, EUR 1,347.00, and GBP 1,087.38 per ounce.
Yesterday’s AM fix was USD 1,747.25, EUR 1,349.54, and GBP 1,090.46 per ounce.

Silver is trading at $33.80/oz, €26.32/oz and £21.23/oz. Platinum is trading at $1,605.00/oz, palladium at $652.25/oz and rhodium at $1,065/oz.

Cross Currency Table – (Bloomberg)

Gold and silver appear to be consolidating after their recent gains. Gold fell $7.10 or 0.41% in New York yesterday and closed [...]

PROF: Thanksgiving ‘White-Supremacist Holiday;’ Founders ‘Nazis’

Forget all that turkey, stuffing and pumpkin pie, today should be a day of fasting and atonement for American “sin.” That’s according to Robert Jensen, a journalism professor at the University of Texas at Austin. Jensen, known for his hard-left politics, also calls Thanksgiving a “white-supremacist holiday.”

Jensen’s opinion piece “No Thanks for Thanksgiving,” appeared on the far-left, Soros-connected website Alternet on Thanksgiving eve. In it, he wrote how Native Americans suffered because of [...]

SOROS THINK TANK RECOMMENDS BIG CUTS TO MILITARY BENEFITS

A new report by a liberal-leaning think tank recommends a dramatic overhaul of military pay, retirement and health care benefits as part of a $1 trillion cut in defense spending over 10 years.

The Center for American Progress calls for capping pay raises, eliminating military health benefits for many retirees who are covered by an employer-provided plan, and reducing the value of military retired pay as well as making retirees wait [...]

Obama election fraud!! His campaign received $2.2 million in September from made-up people!!

http://www.breitbart.com/Big-Government/2012/10/21/Obama-Bagged-Over-2-Million-In-Invalid-Donations-For-September

Obama Bagged Over $2 Million In Invalid Donations For September

In September, the Obama campaign collected $2,199,204.38 in donations with non-existent or invalid ZIP codes. The Romney campaign’s September total: just $29,620. 

Soros funding Obama undercover?

PAUL B. FARRELL: Get out of the stock market, now, till 2016, No matter who wins, irrationality will rule markets.

By Paul B. Farrell, MarketWatch

“Liberals and conservatives do not just see things differently. They are different, in their personalities, even their unconscious reactions to the world around them,” warns senior editor Emily Laber-Warren in Scientific American Mind, one of the more fascinating reports on behavioral-science research on the political brain.

Yes, conservative or liberal, Republican or Democrat, you can tell them apart from their DNA, brain scans, behavioral patterns [...]

Who’s right? Soros vs Buffett

Hedge fund Soros Funds has filed his quarter 13-F report with the SEC.

According to the report, Soros completely dumped his stakes in Citigroup (420,000 shares), JP Morgan (701,400 shares) and Goldman Sachs (120,000 shares), leaving him with no position in any major financials at all.

He also got rid of minor stakes in Dell (3,100) and Intel (10,600).

As for going long, Soros revealed a a position in Facebook, having bought 341,000 shares.

http://www.businessinsider.com/soros-13-f-filing-2012-8#ixzz23YlZq0Ks

 

Buffett’s Berkshire Hathaway sells Intel stake and increases bank holdings

 

Berkshire Hathaway’s latest 13-F filing is [...]

LIBOR Manipulation Leads To Questions Regarding Gold Manipulation

by GoldCore

 

Today’s AM fix was USD 1576.50, EUR 1284 and GBP 1012.91 per ounce.
Yesterday’s AM fix was USD 1594.50, EUR 1293.29 and GBP 1026 per ounce.

Gold fell by $19.40 in New York yesterday and closed down 1.2% at $1,568.40/oz. Silver fell 1.8% or 50 cents to $26.84/oz.

Gold gradually ticked higher in Asian trading and has kept those gains and seen slight further gains in European trading.

Cross Currency Table – (Bloomberg)

This [...]

WikiLeaks “Syrian Files” Obtained by Flame to Set Up Assad

Susanne Posel
Infowars.com
July 7, 2012

WikiLeaks has releaseddamning emails embarrassing Syria and exposing “Syria’s opponents”, says Julian Assange. There were more than 2.4 million emails that show correspondence between “Syrian political figures, ministries and associated companies” between August 2006 and March 2012.

The Associated Press reports, “WikiLeaks’ Sarah Harrison told journalists at London’s Frontline Club that the emails reveal interactions between the Syrian government and Western companies, although she declined to go into much further detail. [...]

Germany to Greece: stop asking for help and start cutting

• Cyprus officially requests a bail-out
• European shares slide ahead of EU summit
• Spain formally requests a bank bailout of up to €100bn
• Germany to Greece: stop asking for help and start cutting
• New Greek leader Samaras to miss key EU summit
• EU president Van Rompuy to unveil banking union plan
• Soros: Europe needs fund to buy Italian and Spanish bonds

Latest

20.15 That’s it from us today. We’ll be back with more live coverage tomorrow morning. [...]

Gold To Repeat July/ August 2011 Gain Of Over 27 Per Cent?

by GoldCore

 

Today’s AM fix was USD 1,618.75, EUR 1,274.81, and GBP 1,029.41 per ounce.
Yesterday’s AM fix was USD 1,628.50, EUR 1,291.74, and GBP 1,040.31 per ounce.

Silver is trading at $28.43/oz, €22.46/oz and £18.13/oz. Platinum is trading at $1,480.75/oz, palladium at $624.30/oz and rhodium at $1,215/oz.

Gold dropped $7.80 or 0.48% yesterday in New York and closed at $1,619.60/oz. Gold traded flat to slightly higher in Asia prior to dipping in European [...]

Max Keiser: Soros gets gold advice from Keiser Report

Soros Warns of Euro’s Demise, Pushes Bank Bailouts

QE3 FTW!!! BREAKING: CNN reporting that Fed either PRINTS or MARKETS ARE DOOMED!!!!

“It’s all about the Fed next week,” said Keith Springer, president of Springer Financial Advisors in Sacramento Calif. “If the Fed comes through with a QE program, that could save the market — if not the market will fall off a cliff.”

The Fed is under intense pressure from investors to announce another round of stimulus, following Friday’s dismal jobs report.

http://money.cnn.com/2012/06/03/investing/stocks-lookahead/index.htm?source=cnn_bin

 

The point of QE is to lower interest rates.

http://finance.yahoo.com/echarts?s=^TNX%20Interactive#symbol=^tnx;r

Yields are dropping so no [...]

Spanish PM urges calm over crisis

Spanish Prime Minister Mariano Rajoy played down fears the country would need an international bailout, saying the country would find its own way out of the financial crisis.

Spanish Prime Minister Mariano Rajoy tried to play down fears the country would need an international bailout, saying the country would eventually find its way out of the financial crisis on its own.

After a dismal week that saw the country’s borrowing costs soar, [...]

WTF? The elections are rigged! Feds to Florida: halt non-citizen voter purge

The Justice Department told Florida election officials that they must stop their non-citizen voters purge. Florida argues it is not violating any law.

The Justice Department ordered Florida’s elections division to halt a systematic effort to find and purge the state’s voter rolls of noncitizen voters.

Florida’s effort appears to violate both the 1965 Voting Rights Act, which protects minorities, and the 1993 National Voter Registration Act – which governs voter purges [...]

SHOCK: GINGRICH, SOROS AGREE: Obama and Romney “Are the same person”

From 0:25, Gingrich agrees with Soros on Obomney.

Soros: Obama, Romney ‘Not Much Difference’
Saturday, 28 Jan 2012 04:26 PM

Read more on Newsmax.com: Soros: Obama, Romney ‘Not Much Difference’ 

And you, are prepared to support Mitt Obomney??

Israel Calls Up IDF Reserve Troops Citing Security Issues NATO, Bush, Obama, Soros Created

Jason Charles
Truth Alliance
May 4, 2012

Is chaos on the Sini exactly what Israel and the U.S. want on the African Continent? And does Soros plan to bring this same exact violence to America?

America and NATO led coalitions have deposited 1000?s of mercenary al-Qaeda militants in the sini region and are now being cited by the IDF as reason to call up reserve soldiers to deal with the security issues they are [...]

Here in Argentina, when we watch the terrible things that are happening today in Greece, we can only exclaim, “Hey!! That’s exactly what happened in Argentina in 2001 and 2002…!”

Argentine advice for Greece: ‘Default Now!’

A depositor dressed as Death displays a mock cross for Bank Boston 27 March, 2002 during a protest in Buenos Aires (AFP Photo / Ali Burafi)

RT

Here in Argentina, when we watch the terrible things that are happening today in Greece, we can only exclaim, “Hey!! That’s exactly what happened in Argentina in 2001 and 2002…!”

A decade ago, Argentina too went through a systemic Sovereign [...]

Billionaire Sheldon Adelson Says He Might Give $100M To Newt Gingrich Or Other Republican

Sheldon Adelson plays as stubbornly in politics as he does in business. So the criticisms that he’s trying to personally buy the presidential election for Newt Gingrich are met with a roll of the eyes. “Those people are either jealous or professional critics,” Adelson tells me during his first interview since he and his wife began funneling $11 million, with another $10 million injection widely expected, into the former speaker’s [...]