Category Archives: Financial

The End of the Rule of Law in the United States

While we debate issues and legislation, maybe we should consider looking back. I mean looking back as if it was 2020 instead of 2013. In our future, the analysis of the fall of the United States’ economy and possibly the … Continue reading

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Obama to draw on public support in new round of economic battles

President Obama intends to take a confrontational approach with Republicans in future economic battles by using the same campaign-style events the White House saw as effective in the “fiscal-cliff” fight. Many in Obama’s party believe that he got the upper … Continue reading

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Rick Santelli Is Right!

Today on CNBC during the coverage of the monthly employment report, Rick Santelli pointed out that there is some absurdity in calling the Republicans “lunatics,” when they are the only responsible voice in Washington right now trying to call attention … Continue reading

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Biderman’s Daily Edge: After-tax income showing possible recession to start 2013

From around 3:50 Biderman explains the recent improvements and what that means for 2013 going forward… followed by (at around 5:00) his discussion of why the housing recovery is ‘not’… httpv://www.youtube.com/watch?v=7mORs7jiUno#! More…

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JIM SINCLAIR: THE FEDERAL RESERVE HAS NO PRACTICAL OPTION TO END QE WITHOUT COLLAPSING FINANCIAL SYSTEM

The legendary Jim Sinclair has sent another email alert to subscribers regarding the take-down in the gold and silver markets Thursday on the release of the December Fed minutes. Sinclair states that contrary to the Fed’s MOPE attempting to convince … Continue reading

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Hatteras Yachts for sale, lays off 105 workers

Hatteras Yachts is laying off 105 workers at its plant in New Bern while its parent company, Brunswick Corp. of Lake Forest, Ill., has announced plans to sell it and CABO Yachts. In emails to the Sun Journal, Dan Kubera, … Continue reading

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Spain Plunders 90% Of Social Security Fund To Buy Its Own Debt

With Spanish 10Y yields hovering at a ‘relatively’ healthy 5%, having been driven inexorably lower on the promise of ECB assistance at some time in the future, the market has become increasingly unsure of just who it is that keeps … Continue reading

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JIM SINCLAIR: IMF STATES ENTIRE DERIVATIVES MARKET IS A WMD TIME BOMB

Gold and derivatives expert Jim Sinclair has sent subscribers an alert this morning warning on the severity of the global derivatives market, which Sinclair has dubbed the Global Derivative Graveyard Problem. The IMF, which currently estimates the global derivatives market … Continue reading

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‘Fiscal Cliff’ Doesn’t Surprise Santelli

httpv://www.youtube.com/watch?v=J4ewtQZKUHs

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Damn the Constitution – Senate Approves ‘Fiscal Cliff’ Deal

Under the Constitution of the United States: Article 1, Section 7. All bills for raising revenue shall originate in the House of Representatives; but the Senate may propose or concur with amendments as on other Bills. The headlines today are praising … Continue reading

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US To Officially Go Over The Fiscal Cliff

As we forecast back in November, it is now official that the House will not vote on any deal out of the Senate, assuming there is one which there won’t be of course, later today, which means America will officially slide off the Fiscal Cliff. And … Continue reading

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Congress Is Like a Bunch of Drug Addicts Looking for Another Fix – Ron Paul

httpv://www.youtube.com/watch?v=wn2w8BRUh7Y

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FEDERAL JUDGE DISMISSES SILVER MANIPULATION LAWSUIT AGAINST JP MORGAN

Federal US District Court Judge Robert P. Patterson Jr. has dismissed the class-action litigation suit brought against JP Morgan (and originally HSBC) regarding silver market-rigging.  Judge Patterson cited lack of specifics and claims of bad intent necessary to bring the suit to trial. … Continue reading

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Maria Bartiromo to Democratic Senator: ‘Are You Guys Just Incompetent, Or What?’

httpv://www.youtube.com/watch?v=AkUzb8p64Z8 From YouTube: Maria Bartiromo challenges Maryland Democratic Senator Ben Cardin to offer specifics on what spending cuts he would be willing to support, accusing both sides of talking generally about a “balanced approach” but failing to reach an agreement … Continue reading

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Did the Market Collapse Start?

See additional comments on Tea Party Nation. The stock market was down 158.20 yesterday (December 28th): the fifth straight day of losses. There are two very important facts concerning the stock market shown below in two charts below from CNNMoney.com. … Continue reading

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