Submitted by Tyler Durden on 01/13/2015 - 14:27 Fort Hood officials and Hazmat crews are on site in Killeen after a US soldier, who recently returned from West Africa, was found dead outside his home. So far there are no answers as to why the soldier was not in quarantine and no known cause of death... (for now there are no indications the soldier had Ebola)
Volatility Storms Back With A Vengeance In 950 Point Intraday Dow Swing
Submitted by Tyler Durden on 01/13/2015 - 16:06
Obama Declares War On "Extremism" – Are You An "Extremist"?
Submitted by Tyler Durden on 01/13/2015 - 16:35 Do you know what an “extremist” is? In the wake of the horrible terror attacks on the offices of Charlie Hebdo in France, Barack Obama is speaking very boldly about the need to win the war against “extremists”, and he has announced plans to host a major global summit on “extremism” next month. And on the surface that sounds great. But precisely how are we supposed to determine whether someone is an “extremist” or not? What criteria should we use?
If you were waiting for a “black swan event” to come along and
devastate the global economy, you don’t have to wait any longer. As I
write this, the price of U.S. oil is sitting at $45.76 a barrel. It has
fallen by more than 60 dollars a barrel since June. There is only one
other time in history when we have seen anything like this happen
before. That was in 2008, just prior to the worst financial crisis
since the Great Depression. But following the financial crisis of 2008,
the price of oil rebounded fairly rapidly. As you will see below,
there are very strong reasons to believe that it will not happen this
time. And the longer the price of oil stays this low, the worse our
problems are going to get. At a price of less than $50 a barrel, it is
just a matter of time before we see a huge wave of energy company
bankruptcies, massive job losses, a junk bond crash
followed by a stock market crash, and a crisis in commodity derivatives
unlike anything that we have ever seen before. So let’s hope that a
very unlikely miracle happens and the price of oil rebounds
substantially in the months ahead. Because if not, the price of oil is
going to absolutely rip the global economy to shreds.Read More…
Turkish President's Stunning Outburst: The French Are Behind The Charlie Hebdo Massacre; Mossad Blamed
Submitted by Tyler Durden on 01/13/2015 - 12:55 It was less than 48 hours ago when Turkey’s prime minister, Ahmet Davutoglu, joined millions marching in Paris to pay tribute to the 17 people killed by ISIS-supporting extremists. Then, almost the moment he got back, things changed, and as the FT politely paraphrases what transpired, the "country’s president struck a much more confrontational tone." That's one way of putting it. Another is that the former PM and current president, Recep Tayyip Erdogan, of NATO-member Turkey did the unthinkable: accused the west, and French citizens in particular, of staging the Charlie Hebdo murder in order to blame Muslims, even as the mayor of Ankara said "Mossad is definitely behind such incidents . . . it is boosting enmity towards Islam."
Despite 'Gas Tax Cut', Airlines See Tumbling Traffic, Outsource US Jobs
Submitted by Tyler Durden on 01/13/2015 - 17:45 This wasn't how it was supposed to be? Collapsing crude oil prices - according to the mainstream (Fed-spoonfed) narrative means lower costs for business and 'massive' tax cuts for consumers enabling disposable income to surge. But, American Airlines just announced a 3.4 percentage point plunge in its load factor (ability to fill its planes) in December and while Southwest saw traffic rise, its load factor also fell as passenger revenue per seat tumbled 4-5%. So no extra spending... and now United reports it is looking to outsource 2,000 jobs in a cost-cutting effort (which seems odd given the total collapse of the fuel cost overhead?). Oh well, just keep repeating - crashing oil prices are unambiguously good.
"Offensive" Cartoon Of The Day
Submitted by Tyler Durden on 01/13/2015 - 15:20 Presented with no comment...
I’ve been saying it for over a decade… The US is PURPOSEFULLY trying to destroy the US Dollar!
Why? Simple. If we crash the Dollar then we win. Just think about it. The US is the largest debtor nation in the world. Our debt is denominated in US Dollars. If we crash the Dollar then we are either paying off this debt in cheaper money OR, a more likely scenario, the Global Monetary System crashes and we do not have to pay this debt off at all.
We can just go along our merry way…although no country that holds our debt will be very happy with us.
Read More…
from KingWorldNews:
1.
It is only in America that nobody seems to know or care but, in fact,
during 2014 gold was the second best performing currency after the US$.
2. Most Western investors see gold as a short term trade even though over the past 10 years, gold is +157% vs S&P +70% and over the past 15 years, gold is +300% vs S&P +40%.
3. When the Ruble collapsed in 2014, it was gold, not equities, that offered a safe haven. As the Ruble declined 70% against the US$, Russian equities lost about 12% in Ruble terms whereas the gold price in Rubles rose 73%.
Simon A. Mikhailovich Continues @ KingWorldNews.com
from Yahoo:
The United Arab Emirates said on Tuesday that OPEC will no longer move
to shore up crude prices, arguing that rising North American shale oil
output needs to be curbed.
World prices have been falling since June but the pace of the slide accelerated in November when the Organisation of the Petroleum Exporting Countries (OPEC) decided to maintain its production unchanged at 30 million barrels per day.
Analysts say that richer cartel members like the UAE have been ready to accept the price fall in the hope that it will force higher-cost shale producers out of the market.
1.
It is only in America that nobody seems to know or care but, in fact,
during 2014 gold was the second best performing currency after the US$.2. Most Western investors see gold as a short term trade even though over the past 10 years, gold is +157% vs S&P +70% and over the past 15 years, gold is +300% vs S&P +40%.
3. When the Ruble collapsed in 2014, it was gold, not equities, that offered a safe haven. As the Ruble declined 70% against the US$, Russian equities lost about 12% in Ruble terms whereas the gold price in Rubles rose 73%.
Simon A. Mikhailovich Continues @ KingWorldNews.com
by Paul Rosenberg, Casey Research:
In mainstream media coverage last year, gold was largely either ignored
or despised. The winner for most derisive commentary might be Citigroup
Chief Economist Willem Buiter, who labeled gold “shiny bitcoin” and said “no bank should hold it in reserves.”
Given the pervasiveness of such views, I feel it’s important to provide some equilibrium. To that end, I’d like to share some other views (and highlights) that marked 2014 yet might have gotten lost in the media-induced haze.
Jim Rogers, billionaire and cofounder of the Soros Quantum Fund, publicly said he thinks there is going to be financial chaos over the next decade: “It could be a monetary disaster or even war. This turmoil could come from a gigantic debt problem, for instance, which could cause world economies to fall apart as well. Politicians don’t know what to do besides printing money—so that’s what they end up doing. We will see a wave of turmoil from all this that will surely take gold higher.” He confirmed he hadn’t been selling any of his gold.
Read More @ CaseyResearch.com
In mainstream media coverage last year, gold was largely either ignored
or despised. The winner for most derisive commentary might be Citigroup
Chief Economist Willem Buiter, who labeled gold “shiny bitcoin” and said “no bank should hold it in reserves.”Given the pervasiveness of such views, I feel it’s important to provide some equilibrium. To that end, I’d like to share some other views (and highlights) that marked 2014 yet might have gotten lost in the media-induced haze.
Jim Rogers, billionaire and cofounder of the Soros Quantum Fund, publicly said he thinks there is going to be financial chaos over the next decade: “It could be a monetary disaster or even war. This turmoil could come from a gigantic debt problem, for instance, which could cause world economies to fall apart as well. Politicians don’t know what to do besides printing money—so that’s what they end up doing. We will see a wave of turmoil from all this that will surely take gold higher.” He confirmed he hadn’t been selling any of his gold.
Read More @ CaseyResearch.com
from Yahoo:
The United Arab Emirates said on Tuesday that OPEC will no longer move
to shore up crude prices, arguing that rising North American shale oil
output needs to be curbed.World prices have been falling since June but the pace of the slide accelerated in November when the Organisation of the Petroleum Exporting Countries (OPEC) decided to maintain its production unchanged at 30 million barrels per day.
Analysts say that richer cartel members like the UAE have been ready to accept the price fall in the hope that it will force higher-cost shale producers out of the market.
from Off Grid Survival:
Today, the U.S. Military’s Social Media accounts were hacked by Cyber
Caliphate, a group associated with an Islamic State militant group who
is now making threats against U.S. Military lives.
U.S. officials confirmed that the U.S. Central Command Twitter account and its YouTube account were taken over by the terrorist organization, which then started posting messages threatening members of the military. The threats claimed that they had addresses of where members of the military live, and went on to say they were “coming for them”
Read More @ OffGridSurvival.com
Today, the U.S. Military’s Social Media accounts were hacked by Cyber
Caliphate, a group associated with an Islamic State militant group who
is now making threats against U.S. Military lives.U.S. officials confirmed that the U.S. Central Command Twitter account and its YouTube account were taken over by the terrorist organization, which then started posting messages threatening members of the military. The threats claimed that they had addresses of where members of the military live, and went on to say they were “coming for them”
Read More @ OffGridSurvival.com
A few shooters pave way for full-on martial law in France
by Shepard Ambellas, Underground Medic:
Like a scene out of Nazi Germany, French Defense Minister Jean-Yves
Le Drian announced Tuesday that 10,000 Army troops will be deployed into
the streets to secure “sensitive points” in wake of the recent shooting
attacks which left 17 dead.
Never before in history have troops been deployed in France to such magnitude, as a few bad apples are now to blame for ushering in a new wave of tyranny into the country.
Reports say that nearly 5,000 of the 10,000 troops will be deployed to Frances “Jewish schools” and synagogues and neighborhoods.
Read More @ Intellihub.com
by Shepard Ambellas, Underground Medic:
Like a scene out of Nazi Germany, French Defense Minister Jean-Yves
Le Drian announced Tuesday that 10,000 Army troops will be deployed into
the streets to secure “sensitive points” in wake of the recent shooting
attacks which left 17 dead.Never before in history have troops been deployed in France to such magnitude, as a few bad apples are now to blame for ushering in a new wave of tyranny into the country.
Reports say that nearly 5,000 of the 10,000 troops will be deployed to Frances “Jewish schools” and synagogues and neighborhoods.
Read More @ Intellihub.com
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