Category Archives: Financial

As Russia Dumps A Record Amount Of US Treasurys, Here Is What It Is Buying

Last week we commented that based on TIC data, while “Belgium’s” unprecedented Treasury buying spree continues, one country has been dumping US bonds at an unprecedented rate, and in March alone Russia sold a record $26 billion, or 20% of its holdings. So as … Continue reading

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Russia And China Finally Sign Historic $400 Billion “Holy Grail” Gas Deal

There was some trepidation yesterday when after the first day of Putin’s visit to China the two countries did not announce the completion of the long-awaited “holy grail” gas dead, and fears that it may get scuttled over price negotiations. … Continue reading

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Caterpillar Retail Sales Plunge By 13%, Most Since February 2010; Decline For 17 Consecutive Months

First, the good news: US retail sales of machines in the US posted its fourth monthly pick up, rising 12% compared to April of 2013 which print, however, was the biggest, at -18%, annual drop for US sales since 2010 … Continue reading

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When Will We Know If We Are in a Depression?

There really is no clearly defined economic measurement of a depression. Recessions are clearly defined using quarterly consecutive quarters (but the data is overtly manipulated in our global economy using quantitative easing and other sleight of hand accounting tricks). It appears … Continue reading

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The Beginning Of The End Of Precious Metals Manipulation

Following a crackdown on precious metal manipulation by various European regulators (mostly Germany’s BaFin, recall “Precious Metals Manipulation Worse Than Libor Scandal, German Regulator Says“), which led to the shocking outcome that Deutsche Bank would pull out of the London … Continue reading

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What Food Inflation?

Source Incidentally, the last time food prices spiked by this much in one month, the resulting Arab Spring wave of revolutions tumbled governments across north Africa and the middle east. Keep a close eye on those who are not exactly … Continue reading

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Russia Holds “De-Dollarization Meeting”

That Russia has been pushing for trade arrangements that minimize the participation (and influence) of the US dollar ever since the onset of the Ukraine crisis (and before) is no secret: this has been covered extensively on these pages before … Continue reading

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If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Pure Hell For The United States

Does the economy move in predictable waves, cycles or patterns?  There are many economists that believe that it does, and if their projections are correct, the rest of this decade is going to be pure hell for the United States.  … Continue reading

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How Japan Became Irrelevant, And How China Took Its Place

While Asia in general may be slowing now that China’s epic debt creation machine is starting to break down, when it comes to trends within Asia not everyone is equal. And nowhere is this more visible than when comparing Japan, … Continue reading

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Hope and Change?

h/t John P

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The “Economic Recovery” Continues: Businesses Are Being Destroyed Faster Than They Are Being Created

by Michael Snyder What would you say about an economy where businesses are shutting down faster than they are opening?  Well, a shocking new study released by the Brookings Institution indicates that this is exactly what is happening in the … Continue reading

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Italy Facing Massive Wave of Illegal Immigration

Posted in Agenda 21, Civil Unrest, Domestic Enemies, Financial, Food, Immigration, Radical Islam, Safety and Preparedness, Voter issues | Comments Off on Italy Facing Massive Wave of Illegal Immigration

Gold Is Not Money?

As Ben Bernanke told Ron Paul in a Congressional hearing: gold is not money, it is a commodity. As the civil war in Ukraine expands and the media can no longer spin it as a Russian plot, gold is up … Continue reading

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The Number Of Working Age Americans Without A Job Has Risen By 27 MILLION Since 2000

by Michael Snyder Did you know that there are nearly102 millionworking age Americans that do not have a job right now?  And20 percent of all families in the United States do not have a single member that is employed.  So how in the … Continue reading

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17 Facts To Show To Anyone That Believes That The U.S. Economy Is Just Fine

by Michael Snyder No, the economy is most definitely not “recovering”.  Despite what you may hear from the politicians and from the mainstream media, the truth is that the U.S. economy is in far worse shape than it was prior … Continue reading

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