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Category Archives: Financial
The Price Of Copper And 11 Other Recession Indicators That Are Flashing Red
by Michael Snyder of The Economic Collapse blog, There are a dozen significant economic indicators that are warning that the U.S. economy is heading into a recession. The Dow may have soared past the 15,000 mark, but the economic fundamentals are … Continue reading
Chinese Gold Imports Soar To Monthly Record On Insatiable Demand
In what must be an inexplicable move to momentum-chasers everywhere, as gold continued to decline in price in March, and long before its targeted smash in April, China was not backing off its gold purchases of the yellow product. Quite … Continue reading
10,962,532: U.S. Disability Beneficiaries Exceed Population of Greece
The total number of people in the United States now receiving federal disability benefits hit a record 10,962,532 million in April, which exceeds the 10,815,197 people who live in the nation of Greece. According to newly released datafrom the Social Security … Continue reading
Rick Santelli On The United Rental States Of America
More…
Posted in Editorial, Financial
Tagged Rick Santelli
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DEPOSITORS BEWARE – BAIL-IN BECOMES OFFICIAL EU PROPOSAL!
Ireland’s Finance Minister, and current European Council President, Michael Noonan, is introducing a proposal to European finance ministers that will hit depositors that hold over €100,000 in the event of future bank collapses. The Irish know a bit about bank … Continue reading
Zerohedge: The Reality-Is-Perception Gap
With retail stocks surging on the back of the any-minute-now recovery (justified by the might of the Federal Reserve printing press), we thought it perhaps useful to consider just how great things are in the retail sales space. Given the non-stop … Continue reading
The NC Tax Fairness Act
More… h/t Randy D
What Is a Gold Standard?
httpv://www.youtube.com/watch?v=LdyHso5iSZI From YouTube: Before 1974, U.S. dollars were backed by gold. This meant that the federal government could not print more money than it could redeem for gold. While this constrained the federal government, it also provided citizens with a … Continue reading
Posted in Editorial, Education, Financial
Tagged Gold Standard
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Your Assets Are On The Line
Carefully consider this closing statement from an article on Zerohedge: Over almost a century, we have witnessed the slow and progressive destruction of the best global mechanism available to cooperate in the creation and allocation of resources. This process began … Continue reading
Posted in Domestic Enemies, Editorial, Financial
Tagged Asset, Confiscation, Currency Swaps
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The Monarchs of Money
httpv://www.youtube.com/watch?v=7T_VxdLJdDU More…
Average Weekly Hours, The Law Of Large Numbers, And An April 618,000 Payroll… Decline?
What does this mean for the bottom line? Well, had the BLS reported flat average weekly hours worked at 34.6 as Wall Street had expected, while companies were paying out the same amount of hourly wages in April, the result would have … Continue reading
Posted in Editorial, Financial
Tagged jobs report
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Ron Paul + Jim Rogers on the government: “They’ll use force and they’ll use intimidation…”
httpv://www.youtube.com/watch?v=CmqIerOV3EM They won’t take our bank accounts…they will take our retirement accounts.” Jim Rogers As I’ve mentioned time and time again, nations are going bust. And the worse things get, the more desperate their tactics become. This isn’t the first … Continue reading
The Fed. Is Preparing MASSIVE New U.S. Dollar Devaluation Scheme.
httpv://www.youtube.com/watch?v=obMZ6KGUb6U
Posted in Editorial, Financial
Tagged Gregory Mannarino
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Mel Watt: Who Better to Oversee the Hen House?
Obama’s latest appointment once again shows a “lack of diversity”. However it also shows a lack of good judgment as Mel Watt is in bed with both the Federal Reserve and the nation’s banks. But then as we head into … Continue reading
Posted in Domestic Enemies, Editorial, Financial
Tagged Fannie Mae, Freddie Mac, Mel Watt
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