Category Archives: Financial

Central Banks’ Gold Likely Gone – Eric Sprott

httpv://www.youtube.com/watch?v=gk600gFnlrk#! Money manager Eric Sprott says, “The central banks’ gold is likely gone with no realistic chance of getting it back.” Don’t expect this revelation to get any coverage by the mainstream media. In an interview last week, Sprott’s analysis … Continue reading

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Soros’ MoveOn.org trying to rally Wal-Mart workers for Black Friday strike

Left-wing billionaire George Soros’ MoveOn.org has jumped into the fight for a unionized Wal-Mart workforce. MoveOn.org has sent emails to subscribers nationwide, urging them to descend on Wal-Mart stores on Black Friday. The organization is encouraging people to strike against … Continue reading

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Soros Buying Gold as Record Prices Seen on Stimulus

Gold’s 12-year rally, the longest in at least nine decades, is poised to continue in 2013 as central bank stimulus spurs investors from John Paulson to George Soros to accumulate the highest combined bullion holdings ever. The metal will rise every quarter next year … Continue reading

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The Looters Are in Control

The election was all about new math:  47 = 51. The foresight and genius of the Founders knew no bounds.  Ben Franklin said, “Once the people find they can vote themselves money, that will herald the end of the republic.” … Continue reading

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One Less In The AAA Club: Moody’s Downgrades FrAAnce From AAA To Aa1

After hours shots fired, with Moody’s hitting the long overdue one notch gong on France: MOODY’S DOWNGRADES FRANCE’S GOVT BOND RATING TO Aa1 FROM Aaa FRANCE MAINTAINS NEGATIVE OUTLOOK BY MOODY’S Euro tumbling. In other news, UK: AAA/Aaa; France: AA+/Aa1… … Continue reading

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Geithner: We Should Eliminate the Debt Ceiling

More…

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OBAMA BEGINS PUSH TO CONFISCATE IRA’S & 401K’S

It may be time to take the tax hit and withdraw funds from private retirement accounts before they are forced into long term T-bonds. The Obama administration is reportedly quickly moving on plans to nationalize private 401k and IRA retirement … Continue reading

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EU Budget Talks Collapse

France Rejects Compromise; Still Time to Snatch Defeat From Jaws of Victory I have a bit of good news today. The efforts of European Council president Herman Van Rompuy to mollify the UK and other budget hawks have created such a stir that France rejects … Continue reading

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Anonymous Hacks Greek Finance Ministry, Finds “123456” Is Password For 37% Of All User Accounts

While we have yet to go through the thousands of files that hacker collective Anonymous has just released as a result of its hack of the Greek Finance Ministry, an exploit it described as follows: “We gained full access to … Continue reading

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1930s medicine pushes Europe back into double-dip recession

The eurozone has relapsed into double-dip recession as the austerity shock in the Mediterranean region spreads to the core countries of the north. The Dutch economy shrank by 1.1pc in the third quarter amid a deep housing slump, and even … Continue reading

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Raising Taxes Will Not Balance the Budget

httpv://www.youtube.com/watch?v=bvqNVs4ix6E From YouTube: Although it may seem counterintuitive, raising taxes on the rich does not actually increase the amount of taxes the government collects. How could this possibly be the case? According to Professor Antony Davies, it is because the … Continue reading

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Reality Sinks In

The latest claims for unemployment have “necessarily skyrocketed” as expected after the election. “Elections have consequences” has been used so often that its truth is overlooked. Until it hits home and people start to suffer. Factor in new temporary jobs … Continue reading

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“Don’t Ask, Don’t Tell” applies to elections

httpv://www.youtube.com/watch?v=bibIOX4Wrrw Three million registered Republicans did not vote in the last election. The pundits have different excuses reasons for this since the “fate of the republic” was said to be hanging in the balance: project Orca collapsed, apathy, religion or … Continue reading

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A Foreshadowing of the Future

November 15 , 2012 GE Healthcare in VT – Some Layoffs Reported Dahlgren’s in Crookston ND – 12 Layoffs Possible Timken Co – More Temp Layoffs American Cotton Growers Littlefield facility – 110 St. Lawrence County NY – Budget May … Continue reading

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US BANK RUN IMMINENT AS FDIC EXPANDED DEPOSIT INSURANCE ENDS DEC 31ST

Submitted by SD Contributor AGXIIK: With the media fixated on the fiscal cliff, no one seems to be noticing the fact that the FDIC’s expanded 100% coverage for insured deposits ends January 1st, 2013. As of January 2013 the FDIC stops offering … Continue reading

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