Category Archives: Financial

Follow the Money – It Is Turning into Gold

Posted on June 26, 2012 by DRenegade

Whether the predictions of an economic collapse are true or not, preservation of your wealth should be a priority for everyone who is a producer. Wealth has been maligned as evil by the media and government who want to redistribute … Continue reading →

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The Soros Web Is Closing In

Posted on June 25, 2012 by DRenegade
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ZeroHedge Frontrunning: June 25

Posted on June 25, 2012 by DRenegade

Merkel Backs Debt Sharing in Germany Amid Closer EU Push (Bloomberg) With a ruling as early as today, here are four health care questions the Supreme Court is asking (CBS) George Soros – Germany’s Reticence to Agree Threatens European Stability … Continue reading →

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What Happens When the Rules Stop Changing?

Posted on June 25, 2012 by DRenegade

See additional comments on Tea Party Nation. Are people warning about the upcoming economic collapse economic prophets? People’s warnings have been marginalized about the economy for a simple reason: it has not happened. If the predictions based on their projections … Continue reading →

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LIE TO ME – ANN BARNHARDT

Posted on June 24, 2012 by DRenegade

I post Ann Barnhardt’s articles in their complete form because she does not keep them as separate archival posts for the future. I empathize with her because I have been in the same situation. People want to have hope in the … Continue reading →

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THE INTERNATIONAL MONETARY SYSTEM AFTER THE FINANCIAL CRISIS

Posted on June 20, 2012 by DRenegade

This “occasional paper” from the European Central Bank was released on February 2011. So the European bankers have known for over a year that a financial crisis will occur that will necessitate changes in the IMS including: Finally, the question … Continue reading →

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Debt crisis: Spain and Italy to be bailed out in £600bn deal

Posted on June 19, 2012 by DRenegade

Update: Zerohedge is reporting that this bailout below has been scrapped. European leaders are poised to announce a £600 billion deal to bail out Spain and Italy, it emerged at the G20 summit on Tuesday night. Two rescue funds are to … Continue reading →

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Talk Of Gold-Backed Eurobonds Another Sign Gold Is Returning To The Monetary System

Posted on June 15, 2012 by DRenegade

In terms of the macro picture for the global economy, one thing is clear: the levels of sovereign debt are unsustainable, and the banking system around the world is under severe stress as a result. Bank runs are already occurring in Greece, … Continue reading →

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Moody’s Downgrades 12 Spanish Sub-Sovereigns, 2 Gov-Related Entities

Posted on June 15, 2012 by DRenegade

Moody’s Investors Service downgraded 12 Spanish sub-sovereign ratings and two Spanish government-related entities to reflect its recent downgrade of the country’s sovereign debt rating. Eight regional and local governments and four related issuers were affected. The ratings of three other … Continue reading →

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Manufacturing In New York Area Expands At Slower Pace

Posted on June 15, 2012 by DRenegade

Manufacturing in the New York region expanded in June at the slowest pace in seven months as orders and sales cooled. The Federal Reserve Bank of New York’s general economic index dropped to 2.3 this month, less than the lowest forecast of economists surveyed … Continue reading →

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Collateral Damage

Posted on June 15, 2012 by DRenegade

Of all the regulatory changes that have been proposed or implemented, the biggest potential game changer for the OTC derivatives markets are the collateral requirements that will now be imposed on all derivatives transactions. Collateralization is, to be sure, common … Continue reading →

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What Happens If Greece Leaves the Eurozone?

Posted on June 14, 2012 by DRenegade
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Dare County spares no expense in paying top administrators

Posted on June 14, 2012 by DRenegade

It pays to be a high-level County employee in Dare County. According to a 2009 UNC School of Government Report, our top administrators are some of the highest paid in the state, earning comparable salaries to administrators in some of … Continue reading →

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Caution: Market Volatility Coming on June 17th

Posted on June 13, 2012 by DRenegade

Oanda has cancelled trading this Sunday (June 17, 2012) “due to the extreme volatility some market analysts foresee could result in the coming days“. Whether this trading moratorium will be extended past Monday will not be known but the elections in … Continue reading →

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Spain: the beginning of the end

Posted on June 13, 2012 by DRenegade

httpv://www.youtube.com/watch?v=1GrxHDyXyj8

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