Category Archives: Financial

Consumer Confidence Plunges To Lowest In 2013

Following record UMich misses, Gallup’s economic confidence collapse, the slump in the conference board’s measure of confidence, and Bloomberg’s index of consumer comfort signaling major concerns among rich and poor in this country (in spite of record highs in stocks), today’s Consumer Confidence … Continue reading

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IS A MASSIVE CHINESE ORDER CAUSING A SILVER SHORTAGE IN EUROPE?

by Cyrille Jubert, Author of Silver Throughout History One of my contacts with one of the largest European precious metals brokers told me this morning that they could not find any silver.  All the refiners they contacted could not take their orders … Continue reading

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Is Bitcoin More Dangerous than “Cartel Money”?

FREEMANSPERSPECTIVE I’m going to use a couple of passages from the Bible (the original set of moral standards for our Western civilization), followed by an examination of both Bitcoin and cartel money, to see how they hold up in comparison. … Continue reading

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Your Life Depends on Literally Taking Your Money Out of the Bank

Your life depends on whether you begin to take your assets out the banks and begin to purchase life sustaining supplies.You need to start this process, today, in accordance with the principles I laid out in a previous article. The … Continue reading

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The Growing Rift With Saudi Arabia Threatens To Severely Damage The Petrodollar

The number one American export is U.S. dollars.  It is paper currency that is backed up by absolutely nothing, but the rest of the world has been using it to trade with one another and so there is tremendous global … Continue reading

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The State of Banks

What will China do if they experience a banking crisis? The normal course of action would be to raise cash/assets to cover their losses. What will the United States do if China calls in their US Treasurys? David DeGerolamo Top … Continue reading

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CAT Slaughtered With Epic Q3 Revenue, Earnings Miss And Guidance Cut: Sees “Good Deal Of Uncertainty Worldwide”

With every passing quarter, Caterpillar, perhaps the last truly industrial company in the epically misnamed Dow Jones (non)-Industrial Average, provides an ever clearer answer to the question we posed this past July, namely “Is CAT Nothing But The Dow’s Most … Continue reading

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Pandemic and Economic WROL

httpv://www.youtube.com/watch?v=7xi3TOX1OB4

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The Irish Banking Revolution

httpv://www.youtube.com/watch?v=UxfCzbrArjg ~~~~~~~~~~~~~~~~~~~~~~~~ Does anyone think that not paying your debts is the solution? David DeGerolamo

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THE US DOLLAR: A RUN ON THE BANK

In a bank run, what people are panicked about isn’t quite that they may lose their money. At the core of it all, what they are really terrified of is that they might lose the value they have stored in the … Continue reading

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Bernanke Was Wrong

httpv://www.youtube.com/watch?v=INmqvibv4UU More…

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12 Shocking Clues About What America Will Look Like When The Next Great Economic Crisis Strikes

The collapse of American society is accelerating.  For the moment, much of our social decay is being masked by the tremendous level of affluence that we are experiencing.  It has been reported that 4 out of every 5 adults in the United … Continue reading

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9 Signs That China Is Making A Move Against The U.S. Dollar

By Michael Snyder The following are 9 signs that China is making a move against the U.S. dollar… #1 Chinese credit rating agency Dagong has downgraded U.S. debtfrom A to A- and has indicated that further downgrades are possible. #2 China has just … Continue reading

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U.S. debt jumps a record $328 billion — tops $17 trillion for first time

U.S. debt jumped a record $328 billion on Thursday, the first day the federal government was able to borrow money under the deal President Obama and Congress sealed this week. The debt now equals $17.075 trillion, according to figures the Treasury Department posted online … Continue reading

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Treasury Paid $6.2B in Fed Salaries, $2.8B in Insurance Premiums During Shutdown; 72% and 95% of Non-Shutdown Levels

During the first sixteen days of fiscal 2014, when many politicians and media outlets were saying the federal government was shut down or partially shut down–and when a sign on the front gate of the Treasury Building warned that the … Continue reading

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