Tuesday, July 21, 2015

China's Record Dumping Of US Treasuries Leaves Goldman Speechless




Something is very rotten in the state of China, and its crashing, manipulated stock market is merely the tip of the iceberg.





Is JP Morgan About to “Bear Stearns” Citigroup?

from TruthNeverTold:






Wall Street Prepares To Reap Billions From Another Main Street Wipe Out

"They are going to be toast. It will be one of our first levels of shorting the moment we start to see cracks, because it’s ripe with retail, emotional investors."


Colorado City Stops Water Fluoridation Following Concerning Study

by Christina Sarich, Natural Society:
Snowmass, a skier’s paradise tucked into the Colorado Mountains, and part of Aspen, has decided to stop fluoridating its water. The news comes just after the latest groundbreaking study on water fluoridation concluded that there was zero relationship between water fluoridation and cavity prevention.
As Anthony Gucciardi shared with you on July 1st, the study incorporated years of research into a serious conclusion that could help activists remove fluoride from the water worldwide.
Read More @ NaturalSociety.com




GOP Enters Panic Mode: Des Moines Register Calls For Trump To Withdraw From Presidential Race

The latest confirmation that the Trump "nightmare" is causing not only sleepless nights but also panic attacks for a GOP that is scrambling to respond to the Donald's juggernaut is not only open attempts at caricature, which however merely feed Trump's ego and push him to troll his accusers even more, but to use the influential Des Moines Register, Iowa's largest newspaper and a critical voice when it comes to endorsing, or panning, presidential candidates in this first caucus state, to call on Donald Trump to drop out of the 2016 presidential race.

Obama & Prison Reform

from Armstrong Economics:
Obama’s visit to El Reno Federal prison (Correctional Institution) in Oklahoma is probably one of the few acts he has done that I agree with. Like most people, I assumed the justice system was fair – until I was confronted with the absurdity of American justice. Only then did I begin to appreciate how corrupt the system really is. The stereotype of inmates that even I had in mind was a ruthless, violent type of character. Only when I entered the system myself did I see the truth – only about 4% were violent, at best. For you see, the Feds have “conspiracy” which can be used to charge and sentence individuals to the same amount of time as if they had actually committed the crime, instead of merely thinking about it.
I met a priest who wired money to China as a favor to help someone whom he believed needed the money for an operation. That recipient turned out to be a drug dealer. Others agreed to bag some crack in return for money to pay for a funeral.
Read More @ ArmstrongEconomics.com




Gold Warns Again

The action in gold in 2013 was a warning about the “dollar”, a warning that went completely unheeded yet has been largely fulfilled. Again, 2013 provides a guide as to why gold prices may be declining in sharp moves, especially right at the open or in weaker trading hours, and it has very little to do with interest rates apart from fixed income suggesting the same factors about the “dollar.” Whether it is growing unease about the global economic picture or the “sudden” recurrence of financial irregularity almost wherever you wish to gaze, the “dollar” is once more wreaking havoc. This isn’t controversial at all, but somehow economists can miss that gold is global and universal collateral and when the eurodollar system is stressed it becomes activated in that manner.




Greek Prime Minister Asked Putin For $10 Billion To "Print Drachmas", Greek Media Reports

In what may be the biggest story of the year, if confirmed, Greek newspaper To Vima reports that Greek Prime Minister Alexis Tsipras has asked Russian President Vladimir Putin for 10 billion dollars in order to print drachmas. But the real shocker: on the night of the referendum, word came from Russia that Putin did not want to support Greece’s return to the drachma. After that, Tsipras had no choice left but to “surrender” to German Chancellor.




470,000 Vehicles At Risk After Hackers "Take Control & Crash" Jeep Cherokee From A Sofa 10 Miles Away

In what is being called "the first of its kind," Wired.com reports that hackers, using just a laptop and mobile phone, accessed a Jeep Cherokee's on-board systems (via its wireless internet connection), took control and crashed the car into a ditch from 10 miles away sitting on their sofa. As The Telegraph details, the breach was revealed by security researchers Charlie Miller, a former staffer at the NSA, and Chris Valasek, who warned that more than 470,000 cars made by Fiat Chrysler could be at risk of being attacked by similar means. Coming just weeks after the FBI claimed a US hacker took control of a passenger jet he was on in the first known such incident of its kind, the incident shows just how vulnerable we are to modern technology.




So You Say You "Don't" Want A Revolution?

What if Syriza were not just a particularly fluffy breed of miniature Europoodle but actual honest-to-goodness revolutionaries, ready to do whatever it takes? How would they act differently? And what would be the result? Given that the price is so high, perhaps it would be better after all if we just sat quietly, allowed the rich get richer as the poor get poorer, watched listlessly as the environment got completely destroyed by capitalist industrialists in blind pursuit of profit, and eventually curled up, kissed our sweet asses good-bye and died? Good luck selling that idea to young radicalized hotheads who have nothing to lose - except maybe you, if you happen to stand in their way as they change the world!


John Rubino – Is The Capitulation and Chinese Gold Reserves Number?

from FinancialSurvivalNetwork.com:
John Rubino returns… Flash-crash in gold early Monday am just adds to the fun. Can you believe the Chinese Gold Reserve Number? We don’t. Treat it just like any other government economic statistic, designed to accomplish a specific governmental goal, whatever that might be. Rick Rule has been waiting for the Great Capitulation. Could this be it? We’re not sure, but we’re certainly a lot closer to it than we were. Remember to always treat your PM holdings as an insurance policy and none of the noise will reach you.
Click Here to Listen



Obamanomics? More Chidren Live In Poverty Now Than During Crisis

For all the back-patting exuberance over manipulated record high stock prices and record periods of illusory job gains, it appears the administration and its Obamanomics forgot one important thing - the children! As USA Today reports, a higher percentage of children live in poverty now than did during the Great Recession, according to a new report from the Annie E. Casey Foundation released Tuesday.




'Buffett' Says Sell; BofAML Asks, Should We Listen?

When Janet Yellen speaks, investors buy stocks (whether she tells you stock valuations are 'substantialy stretched' or not). When Warren Buffett speaks, investors listen... so when his favorite indicator is flashing a huge "sell signal" trading 80% 'expensive' to its long-term average, perhaps, as BofAML suggests, it is time to listen.




Meet The Newest Enemy Of Your Financial Privacy: George Clooney

George Clooney has just released to promote his new non-profit, entitled THE SENTRY - an initiative that "seeks to disrupt and ultimately dismantle the networks of perpetrators, facilitators, and enablers who fund and profit from America’s deadliest conflicts." Eliminating genocide sounds like an incredibly noble cause; however, in order to do so, Mr. Clooney’s aim is break down financial privacy. The road to tyranny is always paved with the stones of good intentions. Because no matter how many financial regulations get passed, and no matter how far the dictators are chased by Mr. Clooney on his white horse, the fact remains that bad people will always find the resources to do bad things. And in the meantime, the crusade to save the world only serves to make everyone else less free.




Apple Plunges Despite EPS Beat On iPhone Sales Miss, Drop In China Sales, Weak Guidance And Strong Dollar Warning

The company which was carrying the fate of not only the Dow Jones and the S&P 500 on its shoulders had taken the stairs up, and just took the elevator down.



The American Nightmare: The Tyranny Of The Criminal Justice System

Justice in America is not all it’s cracked up to be. On paper, you may be innocent until proven guilty, but in actuality, you’ve already been tried, found guilty and convicted by police officers, prosecutors and judges long before you ever appear in a courtroom. Chronic injustice has turned the American dream into a nightmare.





How A Pork Bellies Trader And Milton Friedman Created "The Greatest Trading Casino In World History"

"I held in my hand the Holy Grail for the Chicago Mercantile Exchange. The most influential economic mind of the twentieth century provided the CME with the intellectual foundation upon which to build its financial superstructure."

Earnings Avalanche: CMG, GPRO, YHOO, MSFT All Lower After Hours

Unleash the talking head spin...






Dollar Dumped & Stocks Thumped As Bonds & Bullion Bounce










You Are Here

"The only thing we have to fear is the lack of fear itself..."


Why Pensions Are A (Big) Black Swan

by John Rubino, Dollar Collapse:
When talk turns to what might derail today’s debt-driven “recovery,” the big names and easy stories get most of the attention: China with its soaring debt, volatile equities and heavy-handed intervention; Japan with its stratospheric debt and science fictiony demographics; Greece, which needs no explanation; the developing countries with their weak currencies and mountain of dollar-denominated debt. And of course America’s triple bubble of stocks, bonds and derivatives.
Underfunded pension plans, to the extent they come up at all, tend to be mentioned in passing largely because most of them are 1) too small to matter on their own and 2) too hard to understand for most people to form a strong opinion.
Read More @ DollarCollapse.com


INTERVIEW WITH GLEN ROBERTS: THE ‘STATELESS MAN’

by Jeff Berwick, Dollar Vigilante:
Glen Lee Roberts, a real life “Man Without a Country,” is an author, activist and Internet pioneer who has built a successful network of websites focused mainly on the Americas and featuring self-empowerment, social networking and cultural reporting. He also runs a publishing website that can be found at www.NimbleWisdom.com. Roberts well-received book, “How to Renounce your U.S. Citizenship in Two Easy Steps,” is part of a special bonus package offered as part of the SurviveShemitah.com subscription offer issued by TDV and is also available to all current TDV subscribers for free. His personal blog / rant is at: glr.com
TDV: Why don’t you begin by explaining why you wrote the book about renouncing and what the reaction has been ….
GR: The main reason I wrote the book, “How to Renounce your U.S. Citizenship in Two Easy Steps,” was because my experience contrasted much of the information which is published on the topic.
Read More @ Dollarvigilante.com


This Governor Authorized Adjutant General to Arm Full Time Military Personnel – He’s not the Only One

by Erich Pratt, Freedom Outpost:

Arkansas Governor Asa Hutchinson has authorized the Arkansas National Guard Adjutant General to arm all full-time military personnel in the wake of the Chattanooga Islamic jihad attack last Thursday that left four marines and one Navy Petty Officer dead.
“I want to join in those who are calling for greater security at our recruiting stations and military installations,” Hutchinson said in a press release from his office. “We’ve had numerous instances of attacks. Clearly they are a target, and for us to have unarmed military personnel makes no sense, which is why I am directing Major General Mark Berry to arm full-time personnel as he deems necessary at military installations.”
Read More @ FreedomOutpost.com

Propaganda Wave Portends Invasion of Syria

from Global Research:

It was reported just days ago that US policymakers have signed and dated plans drawn up for the US invasion and occupation of Syria. The plan as described by the Fortune 500-funded Brookings Institution – a corporate think-tank that has previously drawn up plans for the invasion, occupation, and “surge” in Iraq – is to occupy border regions of Syria with US special forces to then justify a nationwide “no-fly-zone” if and when Syrian forces attempt to retake these “safe zones.”
The “safe zones” are to be used by various terrorists fronts Brookings admits are tied to Al Qaeda, to take refuge from Syrian air power and from which to stage and launch attacks deeper into Syrian territory. The end game is the Balkanization of Syria into ineffectual vassal states the US can later stitch together into a larger client regime.
Read More @ Globalresearch.ca


Gold Hammered Down In Sunday Night’s 2-Minute, $2.7 Billion “Unprecedented Attack”

from Gold Core:
The post mortem continues and many are once again proclaiming the death of gold … as was done in 1999 and again in 2007 … prior to the start of gold’s multi-year bull market and the resumption of the bull market in 2007.
Sentiment is as bad as we have ever seen it and worse than in 2007, after the price of gold fell nearly 5% or $50 with many markets closed and in illiquid market conditions on Sunday night.
Some $2.7 billion worth of gold futures contracts were sold on the COMEX in less than two minutes.
Read More @ GoldCore.com


Eric Sprott: “I Haven’t Lost any Conviction” on Gold and Silver

from Proactive Investors:
I recently spoke with Canadian billionaire Eric Sprott about his views on the Greek debt crisis and investing in gold and silver.
Greece has missed payments to its creditors and has been trying to negotiate down its debts for several months.
The situation is reminiscent of the Detroit bankruptcy, says Eric. It was easy to see it coming – the borrowers plainly stated they would run out of money. In both cases, the borrowers and creditors let the clock run until there was no money left.
Eric says Greece would be better off if it left the Euro and reneged on its debts. More negotiations are likely to draw out the crisis, as Greece simply cannot pay its obligations.
Read More @ ProactiveInvestors.co.uk


China’s MASTER PLAN – Gold

from Malaysia Chronicle:
Query: How much gold does it take to get international prestige while not ticking off the powers that be?
1,658 tons, apparently. At least officially…
But before we explain further, a look at the yellow metal. Gold’s down $11, at $1,132, near its November 2009 lows. Inflation numbers, as measured by CPI, printed this morning and met surveyed economists’ expectations. Maybe that’s why.
It could also be because of the gravitas Janet Yellen’s showed yesterday while telling Congress rates would increase this year. Or it could be something entirely else…
Read More @ MalaysiaChronicle.com


Gold Will Take Off Once Market Comes to Terms With Reality

from Peter Schiff:



Prevent artery hardening and calcium buildup with aged garlic

by Jonathan Benson, Natural News:
The cholesterol theory of atherosclerotic disease is one of the biggest medical hoaxes of our time, as is the widespread administration of statin drugs as “treatment” for high cholesterol. Published science has verified that lowering cholesterol with statins does absolutely nothing to prevent coronary heart disease and other cardiovascular events, while at the same time increasing users’ risk of dementia and death.
The real problem is a buildup of calcium in the arteries caused not by cholesterol but by systemic inflammation that causes cholesterol to act in ways that are sometimes damaging to the circulatory system. Lowering cholesterol, in other words, targets the symptom of a much greater root cause, which Dr. Jeffrey Dach, M.D., explains can be effectively treated through the consumption of aged garlic.
Read More @ NaturalNews.com


The Collapse Of The U.S. Retirement Market & Epic Rise In The Price Of Gold

by Steve St. Angelo, SRS Rocco Report:
The once great U.S. Empire is now in big trouble. Cracks are beginning to appear in the once great American Dream as the country’s economic and financial systems are on the verge of an epic collapse. Unfortunately, its citizens will be the last to know as they have totally lost the ability to distinguish between “Illusionary” and “Real” wealth.
With the recent take-down in the price of gold, many precious metals investors have become worried once again that they may have invested in a DEADBEAT ASSET. And of course analysts from member banks are now too eager to present charts showing the price of gold only has one way to go… much lower.
Read More…



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