Saturday, January 31, 2015

Caught On Tape: Dijsselbloem To Varoufakis: "You Just Killed The Troika"

Amid 'turmoiling' stock markets on Friday, CNBC's Simon Hobbs summed up the status quo's thinking on the new Greek leadership when he noted, somewhat angrily and shocked, "The Greeks are not even trying to reassure the markets," seeming to have entirely forgotten (and who can blame him in this new normal the world has been force-fed for 6 years) that political leaders are elected for the good of the people (by the people) not for the markets. Yesterday saw the clearest example yet of Europe's anger that the Greeks may choose their own path as opposed to following the EU's non-sovereign leadership's demands when the most uncomfortable moment ever caught on tape - the moment when Eurogroup chief Jeroen Dijsselbloem (he of the "template" foot in mouth disease) stood up at the end of the EU-Greece press conference, awkwardly shook hands with Greece's new finance minister, and whispered..."you have just killed the Troika," to which Varoufakis responded... "wow!"

ECB Threatens Athens With Bank Funding Cutoff If No Deal In One Month: February 28 Is Now D-Day For Greece

Earlier today the ECB's Erikki Liikanen, tired of pleasantries and dealing with what to Europe is a completely incomprehensible and illogical stance, one which is essentially a massive defection by Greece in the European "prisoner's dilemma", and which while leading to a Greek financial collapse and Grexit - both prerequisites to a subsequent Greek economic recovery unburdened by the shackles of the Euro - would also unleash a European depression, came out and directly threatened Greece that it now has 1 month until the end of February to reach a deal with the Troika, or else the ECB would cut off lending to Greek banks, in the process destroying the otherwise insolvent Greek banking sector. 

Market Calls Fed's Bluff - Desperation Becomes Palpable

Funding Markets just called The FOMC's bluff. Policymakers are acting out rational expectations theory or at least how they see it. In other words, their job is not to analyze actual economic conditions, but to condition economic thought toward the end goal. If they convince you that they believe the economy is on track they further believe you will act accordingly (“you” being both investor and economic agent). The more the economy diverges from the “preferred” projection, the more emphatic the cries of “recovery” become. At some point, desperation becomes palpable.

16% Of Global Government Bonds Now Have A Negative Yield: Here Is Who's Buying It

What happens if one expands the Eurozone NIRP universe to include the debt of other countries including Japan, Denmark, Sweden, Switzerland and so on? Conveniently, JPM has done the analysis and finds that a mindblowing $3.6 trillion of government debt traded with a negative yield as recently as last week. This represents 16% of the JPM Global Government Bond Index, or in other words nearly a fifth of all global government debt is now trading with a negative yield, meaning investors pay sovereigns, using other people's money of course, for the privilege of buying their issuance!


"King Dollar" Is Crushing 'Recovery'Dreams, 87% Of US Companies Have Guided Lower

The 'souring' of the mother's milk of stock markets continues. Management guidance and commentary implies 3-5pp impact due to 'king dollar' FX headwinds as an astounding 87% of companies guided below consensus expectations for next quarter. Bottom-up consensus 2015 EPS estimates were cut by 4% during January, and, as Goldman Sachs warns, 4Q EPS is tracking 7% below the consensus estimate at the start of reporting season. Finally, and perhaps most worrisome, granular bottom-up consensus is below top-down 'strategist' consensus for the first time since 2009... as the gap between Forward P/E valuations and long-term growth is as wide as it has ever been.


The AAPL Effect: Q4 Earnings Growth Without Apple: 0%; With Apple: 2.1%

Yesterday we commented on the outsized macro impact that one company already excerts on the world, when we reported that in the fourth quarter, a whopping 60% of retail sales growth was due to the launch of Apple's iPhone 6 in the fall of 2014, and the surge of Chinese tourists who tok advantage of Hong Kong's lower prices and earlier release. So how about the micro level? For the answer we present the chart below. Behold: the AAPL effect, which demonstrates that what until AAPL's release was shaping up to be a flat Q4 earnings season for the S&P 500, has since transformed into Q4 EPS growth of 2.1%, and made Apple the largest contributor to earnings growth for the S&P 500 at the company level for the fourth quarter. All this, thanks to just one company!

Just in case you missed it...

What Do They Know? Why Are So Many Of The Super Wealthy Preparing Bug Out Locations?

A lot of ultra-rich people are quietly preparing to “bug out” when the time comes. They are buying survival properties, they are buying farms in far away countries and they are buying deep underground bunkers. In fact, a prominent insider at the World Economic Forum in Davos, Switzerland says that “very powerful people are telling us they’re scared." So what do they know?

The Official White House Terrorist Identification Chart

Presented with no comment... 

We Ignore Unintended Consequences At Our Peril

The grand central banking experiment being conducted around the globe right now will not end well. With little more than a lever to ham-fistedly move interest rates, the central planners are trying to keep the world's debt-addiction well-fed while simultaneously kick-starting economic growth and managing the price levels of everything from stocks to housing to fine art. The complexity of the system, the questionable credentials of the decision-makers, and the universe's proclivity towards unintended consequences all combine to give great confidence that things will not play out in the way the Fed and its brethren are counting on.

Greek Social Contagion: Tens Of Thousands Rally In Support Of Spain's Anti-Austerity Podemos Party

Less than a week ago we warned, "today Athens, tomorrow Madrid," and sure enough, emboldened by the success of Syriza in Greece, the people of Spain have turned out in their tens of thousands in Madrid at a demonstration called by the insurgent Spanish leftist party Podemos. As The Independent reports, Podemos, which means "we can", has surged into first place in opinion polls in the few months since it was set up in the summer of 2014. It is now ahead of the centre-right Popular Party and centre-left Spanish Socialist Workers’ Party in many opinion polls. Podemos’s policies include a universal basic income, increased democracy, crackdowns on tax avoidance, and increased public control over the economy. Most worrying for the status-quo huggers in Brussels, Podemos has also wants to reform the European Union, describing the current euro arrangement as a "trap."

Did The Federal Reserve Make A Major Math Error When Reporting Its December Gold Withdrawals?

According to the NY Fed, 177 tons of gold have been withdawn from its vault in 2014; according to foreign central banks, at least 207 tons of gold were withdrawn from the NY Fed in 2014.
Did a Fed intern make a very glaring math error or is something else going on?

The Future of Medicine? Forget Private Doctor Appointments, Group Medical Visits are Coming

"According to the American Academy of Family Physicians, around 10 percent of family doctors already offer shared medical appointments, sessions that bring together a dozen or more patients with similar medical conditions to meet with a doctor for 90 minutes. With pressure from the government and insurers to bring down the cost of care while treating the increasing number of people with health insurance, patients can expect group visits to become more common. “It’s efficient. It’s economical.""

Paul C Roberts, Assistant to Secretary of the Treasury under Reagan “Western Democracy Is A Myth!”

from The Richie Allen Show, via The Victory Report:

Andrew Maguire – Death Knell Of The LBMA And Massive Short-Stops In The Gold Market

from KingWorldNews:
Eric King: “Andrew, I know you have some big news about a new physical market that is coming into being. Can you talk about that?”
Andrew Maguire: “Eric, in the next two weeks you are going to hear a lot of noise as a fully-functioning, 23-hour a day global physical exchange is made mainstream….
“This is going to act as a conduit for this much needed liquidity. The trading platform is directly connected to a totally independent, fully allocated exchange — completely bypassing the LBMA
Andrew Maguire Audio Interview @


Friday, January 30, 2015

Here’s Some Frightening Honesty, Courtesy of the US Congress

from Sovereign Man:
A member of my staff caught an obscure resolution that was introduced in the US House of Representatives last week—Resolution no. 41. The fact that there was essentially no coverage of this Resolution really shows how the mainstream media is completely turning a blind eye to the true fiscal situation of the United States of America.
The entire point of the resolution is to say that the federal government is broke.
It can’t pay its own bills, and therefore it shouldn’t be responsible to pay anyone else’s either. It doesn’t’ take a rocket scientists to figure out what a bankrupt government will do—just like any thief, they’ll go after easy targets first.
Read More @

"We Can't Do This Forever," Fed Admits "Market Will Overwhelm Us"

"It may work out just fine, but there’s a risk to that strategy... we’re in some sense distorting what might be the normal market outcomes at some point, we’re going to have to stop doing it. At some point the pressure is going to be too great. The market forces are going to overwhelm us. We’re not going to be able to hold the line anymore. And then you get that rapid snapback in premiums as the market realizes that central banks can’t do this forever. And that’s going to cause volatility and disruption." - Charles Plosser

Another Step Down The Long, Slow Road To IRA Nationalization

According to IRS estimates, there’s close to $5 trillion in individual retirement accounts in the Land of the Free. This is money that taxpayers prudently set aside for retirement, hopefully cognizant that Social Security isn’t going to be there for them. Devoid of any other easy lender, $5 trillion is far too irresistible for such a heavily indebted government to ignore. We've long warned that the government could easily nationalize a portion of all IRAs. It started happening last year with MyRA followed by the President and Treasury Secretary embarked on a blitzkrieg-style marketing campaign to pump the program... and now comes Step three..

Birth Pangs Of The Coming Great Depression

by Michael Snyder, The Economic Collapse Blog:
The signs of the times are everywhere – all you have to do is open up your eyes and look at them.  When a pregnant woman first goes into labor, the birth pangs are usually fairly moderate and are not that close together.  But as the time for delivery approaches, they become much more frequent and much more intense.  Economically, what we are experiencing right now are birth pangs of the coming Great Depression.  As we get closer to the crisis that is looming on the horizon, they will become even more powerful.  This week, we learned that the Baltic Dry Index has fallen to the lowest level that we have seen in 29 years.  The Baltic Dry Index also crashed during the financial collapse of 2008, but right now it is already lower than it was at any point during the last financial crisis.  In addition, “Dr. Copper” and other industrial commodities continue to plunge.  This almost always happens before we enter an economic downturn.  Meanwhile, as I mentioned the other day, orders for durable goods are declining.  This is also a traditional indicator that a recession is approaching.  The warning signs are there – we just have to be open to what they are telling us.
Read More…

Impending US$ Peak Should be Catalyst for Gold

by Jordan Roy-Byrne, TheDailyGold:
Gold has performed very well under the circumstances of declining inflation and a surging US$ index. Since 2014 the US$ index is up nearly 18% while Gold is up 3%. Since Gold’s November low the US$ index is up over 10%. Had we known that at the time, we’d have thought Gold would be headed for $1000 and not the $1300 it recently hit. At present, the US$ index appears ripe for a correction or major pause in its uptrend. Given that Gold is priced in US$ and that Gold has shown strength in real terms, sustained US$ weakness could be a major boon for Gold and precious metals as a whole.
Before we get to the US$, I’d like to provide a comparison of Gold and Gold charted against foreign currencies. To create the foreign currency index we simply took US$ data and inverted it. Thus, we are charting Gold against the currency basket that comprises the US$ index. Over the past 15 years strength in Gold relative to foreign currencies has often preceded Gold strength in US$’s. Gold priced against foreign currencies bottomed in December 2013 and reached a 21-month high last week.
Read More @

Social Media Giants Adopt ”Mob Rule” Tactics

by Janet Phelan, Activist Post:
The recent decisions by social media giants Facebook and LinkedIn to adopt user crowd-censoring strategies may be less than benevolent.
According to its recent announcement, Facebook will employ an algorithm, based ostensibly on the numbers of user-generated flags, to reduce or mitigate the distribution of stories flagged as “false.” In addition, Facebook has announced that stories flagged in this manner will contain notice that the story has been determined to contain false information.
As stated in Facebook’s announcement this past week, “Today’s update to News Feed reduces the distribution of posts that people have reported as hoaxes and adds an annotation to posts that have received many of these types of reports to warn others on Facebook. We are not removing stories people report as false and we are not reviewing content and making a determination on its accuracy.”
Read More @ Activist Post

Gold Supply to Continue in Surplus this Year

by Lawrence Williams,
The latest update of the annual study by GFMS of world gold supply and demand makes for some interesting reading, and correspondingly interesting interpretations of the figures by the media. Mineweb has reported one such analysis suggesting that India has re-overtaken China as the World No. 1 gold consumer and some figures published within the report suggest that this may be the case – but this may well depend on what the interpretation of consumption actually is. The GFMS report suggests that Indian jewellery fabrication at 690 tonnes overtook that of China during the year, but appears to make no such bald statement that total Chinese demand fell back below that of India, although there are figures within the report which suggest this could be the case.
See: India overtakes China as world’s top gold consumer – GFMS
The GFMS report does note also, however, that Shanghai Gold Exchange (physical gold) withdrawals came in at just over 2,100 tonnes for the year and if this has not been ‘consumed’ one has to wonder where it is all going.
Read More @

The Death Of The American Dream In 22 Numbers

by Michael Snyder, End of The American Dream:
We are the generation that gets to witness the end of the American Dream. The numbers that you are about to see tell a story. They tell a story of a once mighty economy that is dying. For decades, the rest of the planet has regarded the United States as “the land of opportunity” where almost anyone can be successful if they are willing to work hard. And when I was growing up, it seemed like almost everyone was living the American Dream. I lived on a “middle class” street and I went to a school where it seemed like almost everyone was middle class. When I was in high school, it was very rare to ever hear of a parent that was unemployed, and virtually every family that I knew had a comfortable home and more than one nice vehicle. But now that has all changed. The “American Dream” has been transformed into a very twisted game of musical chairs. With each passing year, more people are falling out of the middle class, and most of the rest of us are scrambling really hard to keep our own places. Something has gone horribly wrong, and yet Americans are very deeply divided when it comes to finding answers to our problems. We love to point fingers and argue with one another, and meanwhile things just continue to get even worse. The following are 22 numbers that are very strong evidence of the death of the American Dream…
Read More…

Secession: The American Tradition

from misesmedia:

GMOs, Monsanto’s RoundUp Found in Kellogg’s Froot Loops

by Mike Barrett, Natural Society:
Independent DNA lab testing has verified that 100% of the corn in Kellogg’s Froot Loops is genetically modified corn, containing DNA sequences known to be present in insecticide producing Bt and Roundup Ready corn. The soy also contained DNA sequences known to be present in Roundup Ready GMO soy. What’s more, tests documented the presence of glyphosate at 0.12 mg/kg, the main chemical ingredient of Monsanto’s best-selling Roundup weedkiller.
Bt crops, such as Bt corn, have been shown to cause serious health problems.The EPA has registered Bt corn as a pesticide as the crop makes its own insecticide. The makers of Bt corn, primarily Monsanto and Syngenta, are responsible for selling this food-stuff to companies like Kellogg’s, but they have the choice to source their corn from organic farmers, and simply don’t.
Read More @ Natural Society

USA: First in World in Gun Ownership – Not Even in Top 100 Countries for Murder Rate

by Tim Brown, Freedom Outpost:
Bill Whittle quickly became one of my favorite commentators.

In the following monologue, Whittle brilliantly displays something I have pointed out concerning how the socialist and communist gun grabbers in America demonize guns. He exposes their bias to all of the relevant FBI data at their disposal.
Whittle rightly points out that America tops the list of guns per capita. There are 90 guns per every 100 people. Not only does this arsenal among the American people make it a force to be reckoned with against those who would seek to dominate the US population, but these weapons are the means of fighting against tyranny and oppression.
Read More @

More euro-tragedy

by Alasdair Macleod, Gold Money:
What makes this interesting is the mounting evidence that QE does not bring about economic recovery. Even Jaime Caruana, General Manager of the Bank for International Settlements and who is the central bankers’ central banker, has publicly expressed deep reservations about QE. However, the ECB ploughs on regardless.
The Keynesians at the ECB are unclear in their thinking. They are unable to answer Caruana’s points, dismissing non-Keynesian economic theory as “religion”, and they sweep aside the empirical evidence of Keynesian policy failures. Instead they are panicking at the spectre of too little price inflation, the continuing fall in Eurozone bank lending and now falling commodity prices. To them, it is a situation that can only be resolved by monetary stimulation of aggregate demand applied through increased government deficit spending.
Read More @

In Denmark You Are Now Paid To Take Out A Mortgage

With NIRP raging in the Eurozone and over €1.5 trillion in European government bonds trading with negative yields, many were wondering when any of this perverted bond generosity will spill over to other debtors, not just Europe's insolvent governments (who can only print negative interest debt because of the ECB's backstop that it will buy any piece of garbage for sale in the doomed monetary union). In fact just earlier today we, rhetorically, asked a logical - in as much as nothing is logical in the new normal - question: "Who will offer the first negative rate mortgage." Little did we know that just minutes after our tweet, we would learn that at least one place is already paying homeowners to take out a mortgage. That's right - the negative rate mortgage is now a reality.


Meet Loretta Lynch – Obama’s Attorney General Nominee Who Might Be Even Worse than Eric Holder

When Eric Holder announced his resignation, many breathed a sigh of relief thinking it can’t get much worse, but not so fast. The authoritarian streak and rampant cronyism of the Obama administration is a well oiled machine. You didn’t think you’d get off that easily did you? Enter Loretta Lynch.

One Of These Things Is Not Like The Other

"Reality" is not "perception"


Visualizing The Cost Of Living Around The World

Meet Numbeo, the world’s largest database of user contributed data about cities and countries. This infographic uses this information to show the most expensive and cheapest places to live by country. Switzerland and Norway may not surprise you as two of the most expensive countries. However, Venezuela might not have been a place that was on your radar. Of course, in retrospect, when you have inflation spiraling out of control at a rate of 64% per year, that will make things a bit pricey. Want cheap goods and services? Head over to India, Nepal, and Pakistan.


As China's Offshore Yuan Crashes To A 2 Year Low, Beijing Warns Its Citizens: "Don't Buy Dollars"

We won't go into the specific details of China's burst housing bubble, the shady underworld of its pyramid scheme wealth-management products, the fact that any hard asset in China is rehypothecated literally a countless number of times, the nuances of its deflating shadow banking system, or even the complexities of its alleged capital controls (alleged, because as a reminder, they only exist for the common folks - the really wealthy Chinese are naturally exempt from any capital flow constraints). We will point out something even more disturbing. The Offshore Yuan just hit a two-year low, reaching a level not seen since September 2012. 

The Fed Is Now Frontrunning Value Investors

The Fed has been supporting the market since the late 1980s. But there is an important difference between the actions of the Fed under Yellen versus Greenspan and Bernanke. In 2008, the Fed allowed Bear Stearns and Lehman Brothers to fail. Given the massive wipeout that followed, this decision is now viewed as a dangerous mistake. Having learned their lesson, the Fed is now rushing in to support the market in response to even routine 20% drops. In this way, the Fed is acting like a value investor who demands a small margin of safety before investing.... Since 2010, however, the Fed has changed tactics. The Fed is now reacting far more quickly. Small market selloffs are followed by immediate responses. By quickly riding to the rescue, the Fed is effectively front-running value investors.


"Obama Is Clueless On Inequality," David Stockman Rages "The Problem Is [The Fed]"

Echoing Elliott's Paul Singer's "greatest irony of politicians railing against inequality," former Reagan OMB Director David Stockman raged that when it comes to inequality, everyone can see the symptom, but "President Obama is clueless as to the cause," blasting that the problem is not capitalism, "the problem is in the Eccles Building and the 12 people sitting there thinking that zero interest rates are some magic elixir that will cause this very toubled economy to revive.! It won't, "these people are dangerous and destructive," Stockman exclaims, and sooner or later the inequality they have created is going to cause a huge political reaction.


"It's Different This Time" GDP Hockey-Sticks Edition

Year after year, hope-strewn economists mark up GDP expectations for the year-ahead (in order to defend top-down their S&P 500 earnings forecasts and why investors should always BTFD)... and year after year, those GDP expectations are slashed drastically. Welcome to 2015...

January Jitters Jolt Stocks - S&P Loses Key 2,000 Level; Bonds' Best Month Since June 2010


Germany Is (Almost) Japan: Bund Yield Plunges To Record 0.33%

At 32.5bps, Germany's 10Y Bund closed at a record low today (within 4bps of Japan's 10Y yield). The Japanification of Europe is almost complete.


Thursday, January 29, 2015

Why the Elite Are Buying Secret Hideaways

by Paul Joseph Watson, infowars:

This week’s revelation that the wealthy are purchasing secret hideaways in remote locations in order to escape social upheaval and possible riots is the culmination of Zbigniew Brzezinski’s warning that a worldwide “political awakening” is serving to derail the move towards further global centralization of power.
Economist Robert Johnson made headlines at the recent Davos Economic Forum when he revealed that “hedge fund managers all over the world….are buying airstrips and farms in places like New Zealand because they think they need a getaway.”
Johnson cited income inequality and the potential for civil unrest and riots as the reason for the panic.
Read More @

What Do They Know? Why Are So Many Of The Super Wealthy Preparing Bug Out Locations?

by Michael Snyder, End of The American Dream:
A lot of ultra-rich people are quietly preparing to “bug out” when the time comes. They are buying survival properties, they are buying farms in far away countries and they are buying deep underground bunkers. In fact, a prominent insider at the World Economic Forum in Davos, Switzerland says that “very powerful people are telling us they’re scared” and he shocked his audience when he revealed that he knows “hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand”. So what do they know? Why are so many of the super wealthy suddenly preparing bug out locations? When the elite of the world start preparing for doomsday, that is a very troubling sign. And right now the elite appear to be quietly preparing for disaster like never before.
Read More…

The Fed That Never Sees It Coming

by Pam Martens and Russ Martens, Wall Street on Parade:
There is growing unease in stock and bond markets around the world that the current Chair of the U.S. Federal Reserve, Janet Yellen, has retrieved former Fed Chair Alan Greenspan’s blinders out of the mothballs in some musty old closet at the Fed, thus setting the U.S. economy up for more epic convulsions.
Yesterday, the Federal Open Market Committee (FOMC) released its policy statement and rattled markets here and abroad overnight. The statement contained a number of economic absurdities. The first sentence argued that “economic activity has been expanding at a solid pace” while a few sentences later we are told “inflation has declined further below the Committee’s longer-run objective.” A solid expansion simply does not correlate with declining inflation in the U.S. and mushrooming deflation among our trading partners.
Read More @

Paul Craig Roberts – EU And Banksters Threaten: “Defy Us And We Will Destroy You”

from KingWorldNews:
We will find out the answer to the question posed in the title in the outcome of the contest between the new Greek government, formed by the political party Syriza, and the ECB and the private banks, with whose interests the EU and Washington align against Greece. The Spartans, whose red cloaks and military prowess struck fear into the hearts of both foreign invaders and Greek opponents in the city-states, are no more. Athens itself is a ruin of its historical self. The Greeks, who were once to be contended with, who were able with 300 Spartans, supplemented with a few thousand Corinthians, Thebans, and other warriors, to stop a one hundred thousand man Persian army at Thermopylae, with the final outcome being the defeat of the Persian fleet in the Battle of Salamis and the defeat of the Persian army in the Battle of Plataea, are no more.
The Greeks of history have become a people of legend. Not even the Romans were able to conquer Persia, but little more than a handful of Greeks stopped the attempted Persian conquest of Greece.
But the Greeks, despite their glorious history, could not stop their conquest by the EU and a handful of German and Dutch banks.
Dr. Paul Craig Roberts continues @

U.S. Admits It Spent 5 Billion to Overthrow Ukraine

from TheAlexJonesChannel:

Still in Control? Greece Says No

by Bill Holter, Miles Franklin:
Can the dollar and gold continue to rise in tandem for long? The last three months have seen a very peculiar dollar/gold anomaly. Since mid November, gold (and silver) have “acted” very differently. We have seen “outside days” and even an outside week. Gold has moved nearly $160 of its lows for a rise of nearly 15%. This has happened while the dollar has rallied furiously versus foreign currencies (with the exception of the franc). From a “textbook” sense, this should never happen. Actually, I am sure there are professors out there who would have argued “it cannot happen” …but it has. Both the dollar and gold have rallied at the same time, so far gold outpacing the dollar. But why? Why has the tone for gold changed and why is it not “falling” versus a rising dollar?
This is a very important question because the answer may (probably does) hold the key to which will be the ultimate winner and which may lose and lose big. First, the explanations for a strong dollar are twofold, one mainstream and the other probably the real reason. Mainstream says the dollar is getting stronger because the world is a mess and the dollar is the “cleanest dirty shirt” of the bunch.
Read More @

Doctor Educating Public on Vaccines Receives Bomb Threats, Cancels Tour

by Jefferey Jaxen, Natural Society:
Our words, voice, and opinions are our birth right and are protected. Free speech is not a luxury and it is certainly not handed down to us from a government. In Australia, and ramping up quickly in the United States, it seems some speech is more free than others. A press release on January 27th from long time expert and vaccine educator Dr. Sherri Tenpenny announced that she has cancelled speaking appearances scheduled for Brisbane, Sydney, Adelaide, Melbourne, and Gold Coast. The reason was due to pro-vaccine extremists calling for violence and making bomb threats against venue owners and their families in some cities originally scheduled for the healthy living seminars.
Fellow vaccine lecturer Stephanie Messenger, who jointly decided to cancel her appearances along with Dr. Tenpenny, states that:
Read More @

USA Today columnist calls for arrest and imprisonment of vaccine skeptics

By Phyllis Bentley, Natural News:
Now we finally come to the real agenda of the vaccine industry. After vaccines have been repeatedly documented by the Natural News Lab to contain neurotoxic chemicals such as mercury, formaldehyde and MSG; after vaccine shots have been repeatedly shown to kill people who take them; and after flu shots have been exhaustively shown to be based on no science whatsoever — with vaccine manufacturers openly admitting there are no clinical trials to show they even work — the rabid vaccine pushers are unveiling their end game: throw vaccine resistors in prison.
This is the call by USA Today columnist Alex Berezow. “Parents who do not vaccinate their children should go to jail,” he writes in this USA Today column.
Read More @

The Day That Changed the World

by Marin Katusa, Casey Research:
A critical, often forgotten event (especially by the French) occurred on June 22, 1940. That was the day the French surrendered to the Nazis and signed the armistice. Four days later, the Soviet Union made a decision that ended up becoming one of the critical turning points of WW II.
Initially, the Soviets planned on annexing parts of Romania via full-scale invasion. Sound familiar? I’ll touch on Crimea later in my missive, but for now, stick with me—this gets very interesting.
However, the military masters of the Soviet Union recognized that with the fall of France, out went the French guarantee of security at Romania’s borders.
Read More @

How Capitalism Dies

from Daily
Today, we’re going to tell you why America’s middle class is getting poorer. Or put another way, we’re going to show you how capitalism dies.
The Dow fell 141 points, or 0.8%, on Friday. Gold closed the week below $1,300 an ounce…but not far below.
Two comedy acts appeared last week: President Obama’s State of the Union address and Mario Draghi’s QE announcement.
Read More/Watch Video @

"There Is No Reality Anymore..."

"There is an uneasy feeling of discontent that sits deep in the stomach, beneath the day to day exteriors, of so many people today. I feel that reality is an old world term. There is no reality anymore. The ubiquitous flow of information ensures that the truth is always available but never known with certainty. It means there is no such thing as a reality check. It’s like that dream inside a dream inside a dream. Which reality is real anymore?"  

Janet Yellen Saves The Day: Stocks Soar After Fed Chairwoman Tells Democrats To BTFD


"The Thread By Which Venezuelan Socialism Hangs May Soon Snap"

Say you are a socialist, and you have intervened heavily in the economy. Suddenly, things don’t work as you thought they would. Somehow, economic laws seem to refuse to bend to your will. However, you cannot really believe that since according to your convictions, wealth is a byproduct of government plans and decrees. So the solution to the unintended consequences of the initial intervention is to intervene further, in an attempt to refine the plan, so to speak. So you try again. And again. And again. Chances are, your name is Nicolas Maduro. In summary, the thread by which Venezuelan socialism hangs may soon snap.

"They're Out Of Their Minds" Gorbachev Slams US 'Triumphalism' For "Turning Cold War 'Hot'"

In November of last year, Mikhail Gorbachev first warned "the world is on the brink of a new Cold War." Then around the turn of the year he escalated his warning, fearing "a war of this kind could lead to a nuclear war," hoping that no one "loses their nerve in this overheated situation." Today, in an interview with Russian news agency Interfax, the 83-year-old former Soviet leader, asks "have they lost their minds?" raging that "the U.S. has already dragged us into a new Cold War, trying to openly implement its idea of triumphalism," warning that "the 'cold' war will "lead to a 'hot' war," concluding "The U.S. has been totally 'lost in the jungle' and is dragging us there as well."


Syriza's Original 40 Point Manifesto

The daily bulletin of Italy’s Communist Refoundation Party published today the apparently official program of the Greek coalition of the left, Syriza. Here the 40 points of the Syriza program...


According To Citi, Small Hedge Funds May Have No Choice But To Become Paper Traders On Twitter

“Poor performance will be most acutely felt by small hedge fund firms,” Sandy Kaul, global head of business advisory services at Citi. “These funds simply did not generate enough performance-fee revenues in 2014 to cover their gap.” In other words, "small" hedge funds, those who tried valiantly for 1, 2 or more years to generate alpha, and failed, well they can continue to manage "small" amounts of money, however it will be of the paper variety. Which they are welcome to do on the one venue which has taken over for Yahoo Finance as the sole place where everyone pretends to not only trade but certainly never have even a single losing day: Twitter.

Alexis Tsipras Most Outrageous Outburst Yet?

"We should not accept or recognize the government of neo-Nazis in Ukraine"

WTF Chart Of The Day: Baltic Dry Index Crashes To Lowest In 29 Years

Quietly behind the scenes - and not at all reflective of a collapsing global economy (because that would break the narrative of over-supply and pent-up demand) - The Baltic Dry Index plunged over 5% today to 632... That is the lowest absolute level for the global shipping rates indicator since August 1986...


CME Hikes Silver Margins By 11%

In a day in which silver was pounded the most since September 2013 without any fundamental reason to explain this weakness (aside for the extensively discussed Precious Metals-USDJPY funding pair trade, so favored by the central banks to punish gold/silver while pushing risk higher), many are wondering: what was the reason for this crash? Well, in a day in which Yellen now openly advised Democrats in a non-public setting about Fed policy, is it that ludicrous to assume that someone leaked the following announcement made after the close by the CME, namely that silver margins were just hiked by 11%?