Tag Archives: NC Renegade

Fed Cancels POMO Due To “System Difficulties”

From Zerohedge.com: Ok, what the hell is going on? This is the first POMO ever cancelled in QE/Lite/Twist history. As a reminder, today the Fed was supposed to sell $8 billion in 2013 bonds: a liquidity withdrawing operation. Just how little liquidity is there in … Continue reading

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Important Breaking Inflation News

The Federal Reserve along with the European Central Bank, Bank of Canada, Bank of Japan, Bank of England, and the Swiss National Bank are all lowering their U.S. dollar swap rates by 50 basis points! This is going to create massive worldwide … Continue reading

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“…leading ultimately to a society of servants …”

More on the need for a “Liberty Summit”. Monday, November 28, 2011 Posted by T.L. Davis Resolve To Act I have in the past few days had an opportunity to be contacted by some very interesting individuals. They were interested in … Continue reading

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Bankers Always Have Money

It is an unwritten axiom that if you are successful in your business, you will always be guaranteed to have the product that you make or the supply of the product that you distribute. If you are a cobbler, you … Continue reading

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Occupy Toronto Unleashed

httpv://www.youtube.com/watch?v=f6TYegabREQ The Canadian equivalent of Occupy Wall Street has been cleansed from the streets of Toronto. Do you think this “librarian” has read the Communist Manifesto?

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The Dynamic Duo of Injustice

Janet Napolitano and Eric Holder in Paris together. Is it possible to pay France to keep them? David DeGerolamo For Immediate Release Office of the Press Secretary Contact: 202-282-8010 “Secretary of Homeland Security Janet Napolitano will travel to Paris on Dec.1-2 to join … Continue reading

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Think Twice about Coke in White Cans

Coke has launched a campaign to save the polar bears. They obviously did not get the memo that polar bears are not cuddly teddy bears but the largest land predator in the world. The polar bear is listed as a … Continue reading

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Egan-Jones Cuts Italy To Double-B From Double-B-Plus

Egan-Jones Ratings Co. cut the sovereign debt rating of Italy to double-B from double-B-plus, the company confirmed Monday. The downgrade came as Italian bond yields have soared in recent weeks, which could have long-term repercussions on the country’s ability to … Continue reading

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A Tale of Two Housing Markets

The following articles tell a tale of two housing markets. Reuters is reporting good news as new homes sales rose 1.3% in October. The report speculates that this can be seen as a bottoming out of the housing market. The … Continue reading

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The Markets Are Leading the Way

As the European markets are up a minimum of 3% today based on rumors that the IMF is preparing to bail out the European Union, Moody’s has just issued a warning concerning the EU’s continued debt crisis. Also at this … Continue reading

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Saboteurs blow up Egypt gas pipeline to Israel in Sinai

Saboteurs blew up Egypt’s gas pipeline to Jordan and Israel on Monday, witnesses and security sources said, a few hours before the country holds its first free election since president Hosni Mubarak was toppled in February. The explosion was set off west of El-Arish … Continue reading

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Markets pricing in endgame for the euro, warns UBS

Markets are “pricing in the endgame” for the euro as the situation moves faster than politicians can act, UBS has warned ahead of a key meeting between eurozone leaders and US President Barack Obama. Mr Obama is hosting this year’s … Continue reading

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The Dominoes Are Falling

The following articles have been written in the past week: Standard & Poor’s Lowers Belgium’s Credit Rating The Standard & Poor’s credit rating agency has lowered Belgium’s long-term credit rating from AA+ to AA- with a negative outlook. S&P said … Continue reading

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FoxNews Got It Wrong

Foxnews’ article about the number of ham radio licenses being at an all-time high missed the real point. The article’s premise is that the new record licenses show an increase of people participating in  this “hobby”. The real reason people … Continue reading

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Buy Gold and Go Long

I wrote an article in September about the probability of another government confiscation of gold in the future. As outlined previously, the government is capable of making gold (and silver) illegal but the cost to confiscate gold on a personal … Continue reading

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