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

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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

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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

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Rick Santelli On The United Rental States Of America

More…

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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

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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

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The NC Tax Fairness Act

More… h/t Randy D

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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

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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

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The Monarchs of Money

httpv://www.youtube.com/watch?v=7T_VxdLJdDU More…

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Hold On to Your Bank and Retirement Accounts

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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

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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

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The Fed. Is Preparing MASSIVE New U.S. Dollar Devaluation Scheme.

httpv://www.youtube.com/watch?v=obMZ6KGUb6U

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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

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