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Category Archives: Financial
Reinventing Feudalism In America: Existing Home Sales Go Up While Mortgage Applications Fall?
Existing home sales and mortgage applications The news of rocketing home sales was plastered all over the headlines. However, mortgage applications are going in the exact opposite direction (of course little was reported on this): The median home price in … Continue reading
Posted in Editorial, Financial
Tagged Home sales, Housing inventory, Mortgage Applications
Comments Off on Reinventing Feudalism In America: Existing Home Sales Go Up While Mortgage Applications Fall?
Boehner ups the ante for a budget showdown in September
Speaker John Boehner (R-Ohio) told House Republicans on Thursday that he wants to push through a temporary spending measure that incorporates automatic cuts, upping the ante for a September budget showdown. Boehner’s comments, delivered in a conference call with the … Continue reading
Another Illegal Obama War – France Is Reporting American Troops on the Ground in Syria
From Le Figaro, google translated: According to our information, the regime’s opponents, supervised by Jordanian, Israeli and American commandos moving towards Damascus since mid-August. This attack could explain the possible use of the Syrian president to chemical weapons. According to information obtained … Continue reading
Smoke and Mirrors – Get Out of the 1’s and 0’s
httpv://www.youtube.com/watch?v=4q49a2m4Mt8 h/t Zerohedge.com
Doug Hagmann: Dancing with the devil in the pale moonlight
If you have fallen into the trap of believing that the much celebrated Arab Spring that also included the toppling of Gaddafi’s Libya, Egypt and the “uprisings” in Syria is about the advancement of democracy and freeing the oppressed, you … Continue reading
Posted in Editorial, Financial
Tagged Doug Hagmann
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Here We Go Again: the Stock Market Collapse of 2008 Is Repeating Itself in 2013
Back in the fall of 2008, the stock market collapsed and lost half of its value in a short period of time. One of the tells then is repeating itself: programmed trades at the end of the day are sell … Continue reading
Posted in Editorial, Financial
Tagged Programmed trades, Stock Market
Comments Off on Here We Go Again: the Stock Market Collapse of 2008 Is Repeating Itself in 2013
Private banker: “Is there any good news?”
But the topic that’s on everyone’s mind right now is what’s happening in the global economy. The news this morning tells us that Thailand is in recession. Indonesia is in a bear market. India’s currency is plunging so rapidly that … Continue reading
Posted in Editorial, Financial
Tagged Simon Black, Sovereign Man
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Two Disturbing Trends
See Tea Party Nation for additional comments. The Dow Jones Industrial Average has lost 3.44% of its “value” in the past month. The first disturbing trend is that the media is overlooking the downtown as part of a normal August … Continue reading
18 Signs That Global Financial Markets Are Entering A Horrifying Death Spiral
By Michael Snyder You can see it coming, can’t you? The yield on 10 year U.S. Treasuries is skyrocketing, the S&P 500 has been down for 9 of the last 11 trading days and troubling economic news is pouring in … Continue reading
Posted in Editorial, Education, Financial
Tagged Economic Collapse
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Your Future
httpv://www.youtube.com/watch?v=vgPcQfEYmNg More…
RECORD HIGH DEMAND FOR PHYSICAL GOLD THREATENS TO BREAK THE BACK OF THE PAPER GOLD MARKET
The demand for physical gold is exploding all over the world, and bullion banks are now experiencing a supply crunch that is absolutely unprecedented. As physical demand continues to rise, the massive Ponzi scheme that the bullion banks have been … Continue reading
Gold, Silver, And The Seven Stages Of Empire
httpv://www.youtube.com/watch?v=EdSq5H7awi8&#t=113s More…
TRADER TELLS BLOOMBERG: “WE TRIED TO BUY GOLD 8 WEEKS AGO AT $1200, WE STILL HAVEN’T RECEIVED OUR PHYSICAL GOLD!”
Did Bloomberg just inadvertently ignite a gold bank run? Mihir Dange, co-founder of commodity trading firm Grafite Capital clarified gold backwardation for Bloomberg, predicted a massive move higher in gold once $1350 is taken out to the upside, and dropped … Continue reading
Treasury Ran $98 Billion Deficit in July–But Debt Stayed Exactly $16,699,396,000,000
The Treasury Department’s Financial Management Service (FMS), which publishes both the federal government’s official Daily Treasury Statement and its official Monthly Treasury Statement, is reporting that in July the federal government ran a deficit of $98 billion but that the federal government’s debt … Continue reading
Posted in Editorial, Financial
Tagged Budget Deficit
Comments Off on Treasury Ran $98 Billion Deficit in July–But Debt Stayed Exactly $16,699,396,000,000
On Physical Gold Supply Tightness
These are must watch videos for anyone interested in the gold market. More…