Category Archives: Financial

10 MORE TUNGSTEN-FILLED GOLD BARS DISCOVERED IN MANHATTAN

In the aftermath of Wednesday’s report of a tungsten filled 10 oz PAMP gold bar discovered in Manhattan, it appears we now have an epidemic on our hands, as the NY Post has just reported that a total of at least 10 … Continue reading

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French Central Bank password was 123456

A French citizen has unintentionally breached the security of the French central bank (Banque de France) over the phone and was freed by French authorities after being accused of “hacking” the central bank’s and triggering a 48-hours shut down of … Continue reading

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CARTEL DUMPED 2X ANNUAL US SILVER PRODUCTION ON MARKET IN 15 MIN TO SMASH SILVER UNDER $35

From SilverDoctors: After silver exploded through $35 on this today’s COMEX open, we wrote this morning that should silver hold $35 through today’s weekly close, the metal would quickly run to $37-$37.50 early next week as a massive short squeeze developed. The cartel understood … Continue reading

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On Santelli’s Queasiness About Bernanke’s Quantitative-Easiness

Between CNBC’s Rick Santelli and PIMCO’s Mohammed El-Erian, this brief clip succinctly sums up the ‘less than ideal’ reality of Bernanke’s all-in bet and how the world is trying to ‘trade’ it. Santelli analogizes: “Visualize the biggest fire hose in the … Continue reading

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Recovery, Recession or Depression: The Unpleasant Truth

Mark McHugh reports: Velocity of money is the  frequency with which a unit of money is spent on new goods and services.   It is a far better indicator of economic activity than GDP, consumer prices, the stock market, or sales of men’s … Continue reading

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Obama on Letterman: Doesn’t know debt clock numbers

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Bank Of America To Fire 16,000 By Year End

Curious why nearly 4 years ago to the day Ben Bernanke and Hank Paulson told Ken Lewis to purchase Merrill Lynch “or else” (but to make sure everyone gets paid their bonuses bright and early with no cuts)? It certainly … Continue reading

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Deutsche Bank: GOLD IS MONEY

Is gold money? It’s become a tireless debate: goldbugs seem to cling to the shiny yellow metal with a religious fervor not usually displayed by anyone toward other asset classes, and it’s been known to frustrate some who don’t share … Continue reading

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GLOBAL ECONOMY WILL BE SUCKED INTO BLACK HOLE IN OCTOBER

The latest forecast by LEAP/2020 predicts the global economy will be ‘sucked into a black hole’ by October, that the Fed’s QE∞ will be ineffective at staving off the collapse, and that all signs indicate a massive downturn (‘without modern … Continue reading

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Former Supreme Court Justice Souter on The Danger of America’s ‘Pervasive Civic Ignorance’

httpv://www.youtube.com/watch?v=rWcVtWennr0 From YouTube: Former Supreme Court Justice David Souter sat down with Margaret Warner and answered an audience question concerning the appropriate role of schools to produce civicly engaged students.

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QE III: Time to End the “Sanction of the Victim”

Although the following quote from from Atlas Shrugged should be considered to be a simple statement of truth, the world is seeing how corruption and power have destroyed the value of money: “It is not the moochers or the looters … Continue reading

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Tungsten-Filled 10 Oz Gold Bar Found In The Middle Of Manhattan’s Jewelry District

It is one thing for tungsten-filled gold bars to appear in the UK, or in Germany: after all out of sight, and across the Atlantic, certainly must mean out of mind, and out of the safe. However, when a 10 … Continue reading

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Chinese Black Swan: PAY BACK THE MONEY!

Score 1 For Japan As Chinese Protest At US Embassy In Beijing Between the anti-Japanese tensions and the converging dominance of the Japanese with the Chinese to our fiscal status quo, it seems the Chinese are increasingly pushing the US hand to supporting the … Continue reading

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Bank of America: the Corruption Continues

As documented previously, Bank of America’s actions against the Constitution and the American people is long. The latest scandal outlined below is a premium paid to this bank by the government “to transfer the servicing of troubled loans to another firm“. … Continue reading

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Are You Worried About the Collapse of the US Dollar?

  1/20/09 (currency vs. the value of the USD) 9/14/12 (currency vs.the value of the USD)  Difference  Gain or Loss  Swiss Franc 1.14 0.93 -$0.21 18.54%  Chinese Won 1.36 1.13 -$0.23 17.07%  Canadian Dollar  1.26 0.97 -$0.29 22.97%  British Pound … Continue reading

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