Category Archives: Financial

The Scenario Moves Closer

Last September, I wrote a piece of fiction to illustrate the dangers of societal dependence upon electronic currency for day to day, minute to minute transactions.  Recent events have proven that we are far closer to such a scenario that most people … Continue reading

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What Took So Long?

U.S. Civil Charges Against Corzine Are Seen as Near   Federal regulators are poised to sue Jon S. Corzine over the collapse of MF Global and the brokerage firm’s misuse of customer money during its final days, a blowup that rattled Wall Street and … Continue reading

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Asia Crumbling; China’s Worst 2 Days In Almost 4 Years, Nikkei 450 Pts Off Session Highs

Things are getting a little out of hand in Asia once again. China’s Shanghai Composite is down 3.7% at the break for its biggest 2-day drop in almost 4 years (-8.9%) and Japan’s Nikkei 225, after staging a solid come-back has … Continue reading

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Marc Faber’s Gloom Boom & Doom: S&P 500 Could Fall 20% to 30%

httpv://www.youtube.com/watch?v=Ly_rQER-nOE#t=1s More…

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Is This The Recovery In Housing They Wanted?

A mortgage market that is practically 100% government-driven, impossibly low rates for impractically long periods of time, no MtM concerns to clear delinquent or foreclosed property from bank balance sheets, and sure enough ‘prices’ for the houses that are being … Continue reading

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The Biggest Ponzi Scheme In The History Of The World

Did you know that you are involved in the most massive Ponzi scheme that has ever existed?  To illustrate my point, allow me to tell you a little story.  Once upon a time, there was a man named Sam.  When … Continue reading

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Would You Invest in the Government’s Patriot Fund?

Wrapping up another redistribution scheme by the federal government in the American flag by naming it a “Patriot Fund” is an affront to our intelligence. The game is almost up. The only Patriot Fund that I will invest in would … Continue reading

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SILVER SHORTS ARE IN DEEP TROUBLE!

The $600 Trillion pile of interest rate derivatives scaffold that was used to prop up treasury prices (at very low physical volume) is threatened London Whale Style. When QE5 is announced soon to right these treasury prices, Bullion prices will jump … Continue reading

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$10,395,874 in Income Tax Refunds Sent to Illegal Aliens in Raleigh, NC by the IRS

For anyone who does not believe in the Cloward-Piven strategy being implemented by president Obama, here is another example for your consideration. Get your money out of the 1’s and 0’s before it is worthless or confiscated. David DeGerolamo IRS … Continue reading

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Bank Of China Declares Moratorium On Transfers, Online Banking; Counters Inoperable

From Caijing, google translated. We hope the gist of the narrative in Mandarin is far less scary, because if the translation is even remotely accurate, then all hell may be about to break loose in China. From Caijing: Bank of China, … Continue reading

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It Is Now the Time to Start Paying Attention

US Traders Walk In To Another Bloodbath Lots of sellside squeals this morning following the epic bloodbath in China, where in addition to what we already covered hours ago, has seen at least five companies  (China Development Bank, Shanghai ShenTong Metro, … Continue reading

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Neil Howe: The Fourth Turning Has Arrived

httpv://www.youtube.com/watch?v=v_yPwilCy1Q In 1996, demographers William Strauss and Neil Howe published the book The Fourth Turning. This study of generational cycles (“turnings”) in America revealed predictable social trends that recur throughout history, and warned of a coming crisis (a “fourth turning”) based … Continue reading

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Audit the IRS Rally – Louie Gohmert

httpv://www.youtube.com/watch?v=yyHF6q8p1aQ

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Peter Schiff: Tapering the Taper Talk

As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has been fooled by this move many times in the past and for its efforts it has tackled nothing but air.  Yet right on … Continue reading

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The Era of Fiat Currency Capitalism

By Paul Rosenberg, FreemansPerspective.com I have worked long and hard to gather a broad perspective on history. I don’t doubt that there is value in specialization. In fact, I would have great difficulty doing what I do without good specialists. … Continue reading

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