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Category Archives: Financial
The Economy Can Never Fully Recover as Long as This Remains…
FREEMANSPERSPECTIVE When I was a young man, the older men I admired were the independent businessmen. Being a corporate suit issuing orders to underlings never appealed to me, but being a successful man who controlled his own life and business… … Continue reading
Posted in Editorial, Education, Financial
Tagged Paul Rosenberg
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The Ten US Cities With Less Than Ten Days Of Cash On Hand
As the Detroit bankruptcy hearing heats up following news that the city’s unsecured creditors, among them pensioners, are set to recover pennies on the dollar, 16 to be precise, the question of which are the next cities to follow in the … Continue reading
Santelli Stunned As Nobel Winner Fama Explains Fed Unwind “Is No Big Deal”
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Posted in Editorial, Financial
Tagged Eugene Fama, Rick Santelli
Comments Off on Santelli Stunned As Nobel Winner Fama Explains Fed Unwind “Is No Big Deal”
The Beginning of the Crash
While the Federal Reserve uses POMO to artificially inflate the stock market, reality is sinking in. Are you sitting on the sidelines watching or are you taking action to protect your family and assets? David DeGerolamo What’s Wrong With … Continue reading
Posted in Editorial, Financial, Safety and Preparedness
Tagged Consumer Confidence, Economic Collapse, Retail Sales
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LBMA Collapse, Gold & The Greatest Short Squeeze In History
With continued turmoil in global markets around the world, today one of the savviest and most well-connected hedge fund managers in the world spoke with King World News about the coming LBMA collapse, Andrew Maguire, gold, and what will be … Continue reading
Posted in Editorial, Financial
Tagged Gold, Reserve Bank of India
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China central bank seeks to reassure money markets after rate spike
China’s central bank sought to reassure money market traders that a spike in short-term interest rates does not signal a dramatic tightening of liquidity, sources said, in an apparent move to avoid a repeat of a credit panic that roiled … Continue reading
IS SHIBOR INDICATING A CHINESE BANKING SYSTEM COLLAPSE IN NOVEMBER?
Is Peking panicking again? Do you recall the June panic in the Chinese banking sector? Rumor of defaults of a secondary bank resulted in the SHIBOR, equivalent of LIBOR for China, spiking abruptly. In the span of a few hours, a “Credit … Continue reading
29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding
Did you know that the number of Americans on welfare is higher than the number of Americans that have full-time jobs? Did you know that 1.2 million public school students in the U.S. are currently homeless? Anyone that uses the … Continue reading
Pending Home Sales Drop 5.6% in September
Contracts to purchase previously owned U.S. homes fell by the most in more than three years in September, a sign that a softer economy and a rise in mortgage rates are hurting the country’s housing market. The National Association of … Continue reading
Posted in Editorial, Financial
Tagged pending home sales
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Dollar braces for dovish Fed, gloomy US data
The U.S. dollar will remain under pressure this week on expectations that the Federal Reserve will signal stimulus remains intact for longer at its two-day policy meeting, according to CNBC’s latest market survey of currency traders, analysts and strategists. Technical … Continue reading
Petrodollar Demise…The Death of the Dollar?
httpv://www.youtube.com/watch?v=7KtMOr-Ejhs#t=63s
The New Normal?
by Jim Quinn of The Burning platform The only fool willing to buy negative yielding Treasuries is none other than Ben Bernanke. He thinks they are the investment of a lifetime. He is so sure they are a can’t miss investment, … Continue reading
What Went Wrong?
httpv://www.youtube.com/watch?v=tP3Rv-nib5M h/t K
Posted in Domestic Enemies, Financial
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Former US Treasury Official – Expect Frightening Black Swan
Interview with Dr. Paul Craig Roberts Today a former US Treasury Official warned King World News that investors around the world need to be prepared for a frightening “black swan” that will shock the financial world. He also cautioned, “the … Continue reading
Posted in Editorial, Financial
Tagged Black Swan, Paul Craig Roberts
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China’s Gold Reserves At Least 2.5 Times Higher Than Reported, ‘De-Americanisation’ Continues
Comments from state backed Xinhua that call for a “de-Americanised world” and a proposal to consider a new international reserve currency to replace the dollar mark a key event for gold prices. The official Xinhua News Agency and the voice … Continue reading