Monthly Archives: September 2014

Total Corruption, Financial Meltdown & Once In 600-Year Event

Long time and highly respected market analyst Richard Russell spoke with Eric King of King World News. In the interview Russell warned of a coming financial meltdown that he says will totally destroy the current financial system. The 60-year market veteran also discussed the fact that the world may now be witnessing a devastating once Read More

Currency Wars Deepen – Russia, Kazakhstan Buy Massive 30 Tons Of Gold In August

It appears that Putin is going for the West’s jugular… By Mark O’Byrne – GoldCore Latest official gold reserve data from the International Monetary Fund (IMF) shows that Russia again added to its gold reserves in August, with the Central bank of the Russian Federation purchasing 232,510 ozs (7.23 tonnes) and bringing its total gold Read More

Derivatives Market a $1.2 Quadrillion Time Bomb – US Law Puts Burden For Losses on Tax Payers

Financial jargon is often arcane and perplexing to the average person. While even casual observers have surely heard of derivatives, most are unlikely to know what exactly they are. Derivatives, or swaps, are basically bets between companies and banks that are designed, in essence, to be insurance policies. The problem with derivatives is that since Read More

“Stunning Demand” One Individual Buying $40 Million Of Gold – Manipulation and MSM Trash Talk Backfiring

Today the man who owns one of the largest gold and silver dealers in the United States told King World News that there is massive and stunning buying of physical gold and silver now taking place at these levels. One individual has contacted him about purchasing $40 million worth of gold, which is equivalent to Read More

5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives

By Michael Snyder When is the U.S. banking system going to crash? I can sum it up in three words. Watch the derivatives. It used to be only four, but now there are five “too big to fail” banks in the United States that each have more than 40 trillion dollars in exposure to derivatives. Read More

Defense Firms Rising to Record Levels on Wars in Syria, Ukraine – Only Growth for US is in War

Led by Lockheed Martin Corp., the biggest U.S. defense companies are trading at record prices as shareholders reap rewards from escalating military conflicts around the world. Investors see rising sales for makers of missiles, drones and other weapons as the U.S. hits Islamic State fighters in Syria and Iraq, said Jack Ablin, chief investment officer Read More

Author James Rickards: Global Economy Is in ‘Indefinite Depression’

By Dan Weil It wouldn’t be fair to call ace money manager James Rickards an optimist about the global economy. “We are in a depression. This is a global depression,” the author of “The Death of Money: The Coming Collapse of the International Monetary System” told RT news service. “It started in 2007, and it Read More

This Is About As Good As Things Are Going To Get For The Middle Class – And It’s Not That Good

By Michael Snyder, on September 22nd, 2014 The U.S. economy has had six full years to bounce back since the financial collapse of 2008, and it simply has not happened. Median household income has declined substantially since then, total household wealth for middle class families is way down, the percentage of the population that is Read More

CONTRARIAN ALERT! MarketWatch Publishes Piece: “Gold Crashes and is Now Tarnished for Good”

Could this opinion, which essentially implies gold is forever down and equities have entered a permanent high, be one of those classic calls at a market turning point? Further, such “this time its different” call believes that central bank manipulation is a practice that can go on in perpetuity. Remember these brilliant proclamations from Fortune and Read More

Everyone is a Genius in a Fed-Induced Stock Rally – “Pro’s” Drinking Their Own Kool-Aid?

By Michael Sincere Don’t confuse brilliance with a bull market Bullish stock investors are feeling invincible. For example, I recently received a taunting email from an investor who is 100% convinced that the Dow Jones Industrial Average DJIA, -0.62% will hit 18,000 by January because author and professor Jeremy Seigel said so. This investor advised Read More