The bankruptcy of the United States is now certain

Must Watch Kyle Bass Interview: "I Don't Know How I Can Be Long Stocks"

 

 You Know A Double Dip Is Imminent When...   

Fed Official: Economy Not as Bad as Investors Fear
If you believe this...then I have a bridge to sell you in San Francisco...

Top commodity manager Embry: Put 25% of your portfolio in precious metals 

"I used to say 5% to 10% before this mess started rolling..." 

China just dumped record amounts of U.S. Treasuries
"The nation has been buying 'quite a lot' of European bonds..." 

The US Dollar Will Weaken

posted by Blogger at Marc Faber Blog - 2 hours ago

"The U.S. dollar will weaken, that's the policy of the U.S. government to weaken the dollar in order to cushion the downturn in the American economy." in CNBC Marc Faber is an international investor known...

Inflation Will Accelerate

posted by Blogger at Marc Faber Blog - 2 hours ago

"I think eventually inflation will accelerate. Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures." in CNBC Marc Faber is an interna...

There Is A Transition From The US To Asia

posted by Blogger at Jim Rogers Blog - 2 hours ago

There's a transition now from the US to Asia in the financial world and the economic world. Ten years ago, most of the large IPOs in the world were done in New York. Now very few of them are. America's dri...

California's economic crisis de jour: We Want Our IOUs


James Rickards at The Financial Times: Fannie and Freddie’s bond market upheaval.


Schiff: The Fed Is Feeding An Addiction By Continuing Quantitative Easing


The Next Pension Bailout


China Favors Euros Over Dollars as Bernanke Shift Course on Fed Stimulus.


Jobless millions signal death of the American dream for many.


Martin Weiss: $5,657,492 to Create ONE Job! Has Washington Lost its Mind?


Central Bankers Stoking the Inflation Fires Whilst Academic Economists Worry About Deflation


China Reduces US Debt Holdings in June

Artist's Impression Of Ben Bernanke's Facebook Profile

Here's a story that was filed from New Delhi on Friday of last week.  The headline is rather startling... it reads "61 trucks loaded with 300 tons of explosives go missing in central India".  How is that possible, one would ask.  One shudders to think, as the story goes, what might happen if this falls into the wrong hands... if it hasn't already.  The link is here.





"Interestingly, NPR ran a local story over the weekend -- an obscure little item -- saying that Amtrak was determined to raise the average speed of its passenger trains running north from Connecticut through Vermont from 40 miles-per-hour to 60 mph. That would be some triumphant accomplishment! It would bring us back to about an 1860 level of service. Of course, I happen to believe that we will be lucky in a few years if we are able to enjoy an 1860s standard-of-living, so maybe this little side venture in public transport is perfectly in tune with America's future." - James H. Kunstler