Category Archives: Financial

Could Putin Crash our Economy? What Should We Do About It?

by KEVIN D. FREEMAN Two of the biggest news stories of the year are 1) the Russian invasion of Ukraine, and 2) the debate over High-Frequency Trading following the publication of Michael Lewis’ new book Flash Boys. While the two stories seemingly cover very different topics, … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

This Chart Shows Us How Bad The Economy Really Is: “Flashing Red Warning”

by Mac Slavo Forget about all the minute-by-minute noise for a moment and take a look at the following chart. It gives a very simple overview of earnings growth trends for stocks listed on the S&P 500 on a quarterly … Continue reading

Posted in Editorial, Financial | Leave a comment

Two Stock Market Points for Your Consideration

The stock market just finished a bad week. The Dow Jones closed down another 143 points today (April 11, 2014) with a loss of 2.35% for the week on higher than average volume. There are two interesting facts concerning the … Continue reading

Posted in Editorial, Financial | Leave a comment

Bitcoin Is a Revolution, Not an Investment

FREEMANSPERSPECTIVE It has been interesting to see large numbers of people pay attention to Bitcoin in the past year or so. The reason for that attention was the exchange price of Bitcoin, which made a lot of early adopters wealthy. … Continue reading

Posted in Editorial, Financial | Tagged , | Leave a comment

US Inflation Jumps To Highest In 7 Months

Producer Price Inflation data soared higher than expectations across the board this morning with Final Demand up 1.4% YoY (against 1.1% expectation) to its highest since Aug 2013. The main driver was food and apparel prices (rather unexpectedly) but we also … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

JP Morgan profit falls 19 percent as trading revenue drops

JPMorgan Chase & Co reported a 19 percent decline in first-quarter profit as revenue from securities trading fell in a climate of uncertainty about the strength of the economic recovery and the Federal Reserve’s intentions on interest rates. Net income fell … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

Are You Watching?

Nikkei 225 -14.31% Year-to-Date Source Related Article Tech stock rout continues in Asia Asian tech and telecom stocks plunged Friday as investors sold off their holdings, alarmed by yet another slump in U.S. stocks.

Posted in Editorial, Financial | Tagged | Leave a comment

10 Reasons You Have To Quit Your Job In 2014

by James Altucher  I’m going to tell you why you have to quit your job. Why you need to get the ideas moving. Why you need to build a foundation for your life or soon you will have no roof. 1) … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

Another Chinese High Yield Bond Issuer Declares Bankruptcy

Another week, another Chinese default. A month after Chaori Solar’s default turned on its head a long-held assumption that even high-yielding debt carried an implicit state guarantee, another Chinese firm has succumbed to the inevitable outcome resulting from a lack … Continue reading

Posted in Editorial, Financial | Leave a comment

PUTIN SENDS THE WEST A GOLDEN MESSAGE: CENTRAL BANK OF RUSSIA CHANGES LOGO TO GOLDEN RUBLE

According to reports from Russian media, Putin appears to have sent the west a golden message in the aftermath of JP Morgan unilaterally deciding to block an official Russian wire transfer, as the Central Bank of Russia has introduced a new … Continue reading

Posted in Editorial, Financial | Tagged , , | Leave a comment

More Bank CEOs Murdered – ABN Amro and Bank Frick & Co.

Jürgen Frick is the latest murder victim  in what is becoming a world wide series of banking/financial officials’ murders and suicides. If these events are based on an impending economic collapse, it appears that the clock is fast approaching midnight. … Continue reading

Posted in Editorial, Financial | Tagged , , | Leave a comment

Alexander Hamilton: The Bad Guy Everyone Loves

Posted in Editorial, Financial | Tagged | 4 Comments

Dr. Jim Willie – End or 2014, Dollar Mortally Wounded, Treasury Bond Toxic Paper

Posted in Editorial, Financial | Tagged | Leave a comment

Why Save for the Future?

People are coming to the realization that money will be worthless in the future. Food prices are up 19% since Jan. 1, 2014. Pork prices are up 45% in this same period of time. If you want to keep the … Continue reading

Posted in Editorial, Financial | Leave a comment

This Is What Employment In America Really Looks Like…

By Michael Snyder The level of employment in the United States has been declining since the year 2000.  There have been moments when things have appeared to have been getting better for a short period of time, and then the … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

Russia Is Dominated By Global Banks, Too

by Brandon Smith Numerous cultures have had holidays dedicated to the celebration of pulling the wool over the eyes of others, from the ancient Romans, to early Muslims, to medieval Christians, to Americans and Europeans today. As April begins, we … Continue reading

Posted in Editorial, Financial | Tagged | 4 Comments

HFT Debate Battle

The clearly agitated BATS CEO came out swinging, blasting Katsuyama and Lewis “Shame On You,” for apparently telling the truth of what occurs in the stock ‘market and letting everyone in on it’. The tension grows when he presses Katsuyama on whether … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

Another Nail in the Dollar’s Coffin

See additional comments on Tea Party Nation. The plan to remove the US dollar as the world’s reserve currency is largely ignored in the United States. But not in the rest of the world. Russia is the main instigator (or … Continue reading

Posted in Domestic Enemies, Editorial, Financial | 1 Comment

Japanese Prepare For “Abenomics Failure”, Scramble To Buy Physical Gold

As we reported yesterday, the world’s most clueless prime minister, Japan’s Shinzo Abe, has suddenly found himself in a “no way out” situation, with inflation for most items suddenly soaring (courtesy of exported deflation slamming Europe), without a matched increase in wages as … Continue reading

Posted in Editorial, Financial | Tagged | 1 Comment

Fool for a pResident but then I Repeat Myself

CBO: Minimum Wage Hike Will Increase Deficit President Barack Obama’s proposal to raise the minimum wage to $10.10 per hour will cost the private sector $15 billion and increase the deficit by $5 billion over the next 10 years, according … Continue reading

Posted in Editorial, Financial | Leave a comment

IRS slams Bitcoin millionaires with new tax rules… Is gold next?

by Simon Black Bitcoin tax rules finally came to the Land of the Free yesterday. And I have to imagine there are some not-too-happy campers this morning, if they even know about it. Bitcoin taxes were inevitable. I’ve written about … Continue reading

Posted in Editorial, Financial | Tagged , , | Leave a comment

Ann Barnhardt: Your Savings Are Being ROBBED From You

Posted in Editorial, Financial | Tagged | Leave a comment

What A Bank Run In China Looks Like

Curious what the real, and not pre-spun for public consumption, sentiment on the ground is in a China (where the housing bubble has already popped and the severe contraction in credit is forcing the ultra wealthy to luxury real estate in … Continue reading

Posted in Editorial, Financial | Leave a comment

30 Survey Results That Sound False But That Are Actually True

by Michael Snyder The following are 30 survey results that sound false but that are actually true… #1 According to a recent Rasmussen Reports survey, 52 percent of Americans “do not think the economy is fair to those willing to work hard”. #2 70 … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

The Clock Is Ticking…

When the US dollar loses its reserve currency status, how much will it devalue? 10%, 20%, more? Look to history to preserve your future. Or believe in the politicians who have put our nation in this precarious situation where Liberty … Continue reading

Posted in Editorial, Financial | Leave a comment

Doug Hagmann: The process of killing the U.S. dollar

I wrote about it nearly one year ago to the day. The Obama agenda is to simply “kill the U.S. dollar,” where the ultimate objective is to implement an international currency in tandem with a system of global governance. Some people laughed, … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

Dropping Like Flies: Largest Steel Maker In China’s Shanxi Province Defaults On CNY 3 Billion In Debt

Well, it’s coming. Overnight, Hong Kong’s The Standard reported that in addition to the solar, coal and real-estate developer companies that are on everyone’s radar as potential future bankruptcy candidates, one can also add steel makers to the list, with its report … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

The Chinese Yuan Is Collapsing

The Yuan has weakened over 250 pips in early China trading. Trading at almost 6.22, we are now deeply into the significant-loss-realizing region of the world’s carry-traders and Chinese over-hedgers. Morgan Stanley estimates a minimum $4.8bn loss for each 100 pip move. However, the bigger … Continue reading

Posted in Editorial, Financial | Tagged | 1 Comment

The Federal Reserve Seems Quite Serious About Tapering – So What Comes Next?

By Michael Snyder Will this be the year when the Fed’s quantitative easing program finally ends?  For a long time, many analysts were proclaiming that the Fed would never taper.  But then it started happening.  Then a lot of them … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

JP MORGAN SELLS COMMODITIES UNIT TO MERCURIA FOR $3.5 BILLION

It appears that silver investors’ days of deriding Blythe Masters as the face of JP Morgan’s alleged gold & silver manipulation may be over, as Jamie Dimon has formerly announced the sale of JPM’s commodities division to Switzlerland’s Mercuria for $3.5 … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

Copper Plunges To Fresh 5-Year Low

As we explained in great detail yesterday, the selling in commodities is far from over. The extent of China’s commodity-backed-financing is only now beginning to be understood and forced sales (along with the vicious circle of collapsing collateral values and increasingly tightening … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

Meet The Brand New, And Shocking, Third Largest Foreign Holder Of US Treasurys

Something hilarious, and at the same time pathetic, happened earlier today: at precisely 9 am the US Treasury released its delayed Treasury International Capital data (which was supposed to be released yesterday but was delayed because it snowed) which disclosed … Continue reading

Posted in Editorial, Financial | Tagged , | 2 Comments

Obama Gets Blood from a Rock and It Is Still Not Enough

Tax Revenues Hit Record in First 5 Months of FY14; 5-Month Deficit Still $377B Inflation-adjusted federal tax revenues hit a record $1,104,947,000,000 in the first five months of fiscal 2014, but the federal government still ran a $377,379,000,000 deficit during … Continue reading

Posted in Editorial, Financial | Leave a comment

Jim Sinclair: Russia Can Collapse US Economy, Gold Update, Silver is Gold on Steroids

Posted in Editorial, Financial | Leave a comment

Crimea To Abandon Hyrvnia, Switch To Russian Ruble

Crimean Deputy Prime Minister Rustam Temirgaliev has told RIANovosti that the region will abandon Ukraine’s Hyrvnia: *CRIMEA TO SWITCH TO RUSSIAN RUBLE APRIL 1: RIA NOVOSTI This is not a total surprise as Reuters reported the Crimean Deputy PM stating “we are … Continue reading

Posted in Editorial, Financial | Tagged , | Leave a comment

Lindsey Williams Global Currency Reset 2014

Start at 52 minutes 30 seconds

Posted in Editorial, Financial | Tagged | Leave a comment

Russian companies withdraw billions from west, say Moscow bankers

Russian companies are pulling billions out of western banks, fearful that any US sanctions over the Crimean crisis could lead to an asset freeze, according to bankers in Moscow. Sberbank and VTB, Russia’s giant partly state-owned banks, as well as industrial companies, such as … Continue reading

Posted in Editorial, Financial | Leave a comment

It Begins: Foreigners Sell A Record Amount – Over $100 Billion – Of Treasurys Held By The Fed

A month ago we reported that according to much delayed TIC data, China had just dumped the second-largest amount of US Treasurys in history. The problem, of course, with this data is that it is stale and delayed. For a much better, … Continue reading

Posted in Editorial, Financial | Leave a comment

Lakota Indian Promotes New Digital Currency, Mazacoin

Most countries are casting a suspicious eye toward bitcoin and viewing cryptocurrencies as a potential threat. But one Lakota Indian hopes his nation will take a different approach: he hopes to make a digital currency the tribe’s official currency. It’s called mazacoin, … Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment

19 Signs That The U.S. Consumer Is Tapped Out

by Michael Snyder You can’t get blood out of a rock.  Traditionally the United States has had a consumer-driven economy, but now years of declining incomes and rising debts are really starting to catch up with us.  In order to … Continue reading

Posted in Editorial, Financial | Tagged | 1 Comment