Submitted by Tyler Durden on 07/13/2015 - 20:30 The debt-fueled prosperity that so many of us take for granted is about to come to a screeching halt, and we are about to enter the hardest times that any of us have ever known. And we are not just talking about economics either. Based on all of the intel and information that we have gathered, we are about to enter a “perfect storm” that is going to shake this country in just about every possible way that it can be shaken. So we hope that you will truly savor this summer – days like this will not come around again any time soon.
What we are seeing today here in Europe regarding monetary policy and
the euro is a farce. Unfortunately, there is nothing funny about the
consequences. European politicians continue to throw caution to the wind
and have now offered Greece another opportunity to be bailed out. I am
reminded of a blunt broadside that Milton Friedman once fired against
politicians: “One of the great mistakes is to judge policies and
programs by their intentions rather than their results.”Rather than looking at the results of their past decisions, European politicians are foolhardily rushing in prepared to throw good money after bad, rather than face facts and the hard decisions that are needed. The first two Greek bailouts were clear failures. Nothing has been fixed. So why would any reasonable person expect that a third bailout is going to be any different, particularly given that Greece’s debt mountain has soared making its problems even worse?
James Turk continues @ KingWorldNews.com
China Big Cap Stocks Continue Slide Despite Another Liquidity Injection
Submitted by Tyler Durden on 07/13/2015 - 21:20 "This has caused me a lot of heartache. It will take some time to recover," exclaims one disgruntled (and self-admitted greedy) Chinese investor who lost it all in the recent equity market demise. "It is forever a planned market, a planned economy," which as one China policy professor noted, means "the massive state intervention, especially preventing major shareholders from selling shares and going after short sellers, has damaged financial sector reform in profound and permanent ways." Having fallen over 4.5% from its highs into the close yesterday, the CSI-300 index and FTSE China A50 are both opening weaker.The Billions of rounds they have ordered can ONLY be used on U.S. citizens...And your name is on several of them...
US Army May Use Hollow Points In New Pistols In Violation Of International Protocol
Submitted by Tyler Durden on 07/13/2015 - 22:30 Fragmenting ammunition does a lot more damage and thus has more "stopping power" than full metal jacket ammo, so one might reasonably suspect that the Army’s goal in giving every soldier a magazine full of hollow points is simply to increase the kill rate. Not so, says the Army - it’s all about preventing collateral damage.
Donald Trump: A False Flag Candidate?
Submitted by Tyler Durden on 07/13/2015 - 22:00 Trump has been playing the media with his supposed presidential ambitions for years, but it was clear then that it was just The Donald doing what he does best – promoting himself. And so the question jumps out at us: Why now? Although we have no concrete proof of the theory, there’s plenty of circumstantial evidence. His ties to the Clintons, his past pronouncements which are in such blatant contradiction to his current fulminations, and the cries of joy from the Clintonian gallery and the media (or do I repeat myself) all point to a single conclusion: the Trump campaign is a Democratic wrecking operation aimed straight at the GOP’s base. Donald Trump is a false-flag candidate.
What Assets Did Greece Just Hand Over To Europe: "Airports, Airplanes, Infrastructure And Most Certainly Banks"
Submitted by Tyler Durden on 07/13/2015 - 20:24 The Simpsons was right all along...from The Alex Jones Channel:
Censored By Sanction? Barclays Freezes Accounts Of Russia's News Agency
Submitted by Tyler Durden on 07/13/2015 - 21:30 The UK has frozen the bank account of Russia's Rossiya Segodnya news agency without any explanation. "To close the account of one of the world’s leading news agencies is censorship, the direct obstruction of journalists’ work," Dmitry Kiselyov, head of the news agency, exclaimed, asking "what kind of press freedom and democracy can Britain claim to have if it prevents one of the world's largest news agencies from working in the country?" As RT reports, while no official justification for the move has been offered, RT reports a source in the banking sector told the agency the Exchequer has put Dmitry Kiselyov on an anti-Russian sanctions list. With David Cameron in full tyrannical 1984-mode, this latest move is perhaps not entirely surprising (though we await the boomerang from Putin).
Miners Buried In Billions Of Debt After "Colossal Misjudgment Of Demand"
Submitted by Tyler Durden on 07/13/2015 - 21:00 "There’s been a colossal misjudgment of future demand. That long boom made it especially difficult for people to expect anything otherwise. Many bought the big story about urbanization, instead of thinking how things could go bad."
If George Lucas, Steven Spielberg, and Gene Roddenberry combined their
brainpower, and enhanced it with “mental steroids,” they couldn’t come
up with a fictional story this insane – much less, a factual one. Watching this madness, I sometimes wonder why I was blessed cursed
chosen for the role of truth teller in a world gone mad – and lament
how, generally speaking, I have been made to suffer such angst,
frustration, and misery as a “reward” for making correct choices.
Regarding the former, I really can’t complain, as I love what I do for a
living – both professionally and spiritually, and am appropriately
prepared for what’s coming. As for the latter, with each passing day it
becomes increasingly apparent how difficult life is for everyone
– from the poorest pauper, to the world’s richest and most famous. In
other words, nothing in life is easy. And when it comes to the
unprecedented, but inevitable, collapse of history’s largest Ponzi scheme, the road to “success” was bound to be paved with land mines.I mean, consider that after five years and €240 billion of bailouts, Greece’s economic and social environment has descended to, or below, many of the world’s most notorious “third world” nations. And this, largely due to the machinations of the “Troika” – i.e., the ECB, IMF, and European Union; which cumulatively, have milked every ounce of financial blood – and dignity – from one of the world’s oldest, proudest cultures. Doing so, I might add, with the aid of none other than Goldman Sachs; who, for the “trivial” amount of $500 million, hid the majority of Greece’s debt “off balance sheet” to enable acceptance into the Eurozone. How ironic, thus, that the ECB’s current head is Mario Draghi, a former Goldman Sachs partner, who actually believes that diluting the Euro – and Greece – into oblivion is the best way to “save” it?
Read More @ MilesFranklin.com
"Someone Has To Be Held Accountable", House Committee Presses Fed On Leaks
Submitted by Tyler Durden on 07/13/2015 - 20:00 When last we checked in with Rep. Jeb Hensarling, the Chairman of the House Committee on Financial Services, he was in the process of learning a frustrating lesson about central bankers in the post-crisis world. Namely, that whatever pretension of accountability the position of Fed chair retained in the lead up to the crisis disappeared entirely when Ben Bernanke 'saved the world' from financial armageddon in 2008.
Will Chinese Farmers Never Learn?
Submitted by Tyler Durden on 07/13/2015 - 19:30 A 30-40% decline in indices and still it appears the average Chinese person thinks "making money trading stocks is easier than farmwork." As the following chart shows, a thundering herd of margin calls, panicing policy makers, and media frenzy has done nothing to dampen renewed gambling fever in what is now the most speculative nation in the world as margin-financing as a percent of trading volumes has exploded once again in the last few days...
Germany Just Killed Its Golden Goose
Submitted by Tyler Durden on 07/13/2015 - 19:00 It’s not just about Greece, it’s about the whole EU. The Troika thinks that by scaring the living daylights out of the periphery, its power will increase. Germany just killed its golden goose. And boy, is that ever stupid. The main thing here is that Don Corleone was not a psychopath or sociopath, and that’s more than you can say for Schäuble and Dijsselbloem and Juncker and their ilk. While brute force may look attractive and decisive and all, in the end it will be their undoing. The Italians and Spanish and French have noted every word of this, and more. Europe as it is, is already over. Everything from here on in is a mere death rattle.
How High Frequency Traders Broke, And Manipulated, The Treasury Market On October 15, 2014
Submitted by Tyler Durden on 07/13/2015 - 18:45 But... but... they just provide liquidity.
US Automakers Worst Nightmare: Chinese Auto Inventories Explode In May
Submitted by Tyler Durden on 07/13/2015 - 18:10 A week ago we exposed the massive number of cars piling up in GM's parking lots in China. A few days later, we note that Chinese auto sales have collapsed at the fastest rate in 3 years and an increasing number of new orders are being cancelled as the stock market crashes. But the triple whammy for US auto manufacturers - who have incessantly pitched China as their growth engine - is news from Huaxia Times that China's import car dealers saw inventory days reach a mind-blowing 143 days in May. For context, the normal average has been 24-36 days. Once again it appears the serial extrapolators at the automakers, excited by the serial extrapolators at the big banks have excitedly mal-invested right at the turn.
Goldman Sachs is raising eyebrows on Wall Street with its unchecked
bullish stance on the stock markets in China, as other major Wall Street
firms issue investor cautions or take outright negative outlooks.
Communist government intervention in Chinese markets is reaching
unprecedented levels of meddling. Companies have been allowed to simply
stop trading their shares to halt further price declines; the government
has barred executives and key shareholders from selling; margin rules
have been lifted; and the central bank is funneling liquidity to
brokerage firms.Since the rout began in June, $3.2 trillion has been shaved from the Chinese stock market with almost 2,800 stocks down 50 percent or more according to Wind Information.
Despite these obvious fault lines, Goldman Sachs has remained steadfastly bullish. But what Goldman Sachs isn’t volunteering to investors is that the company holds stakes itself in Chinese companies which it has yet to unload. Mark Schwartz, Chairman of Goldman Sachs Asia Pacific, also sits on the Board of Directors of a registered lobbyist, the U.S.-China Business Council, which is trying to ram through a Bilateral Investment Treaty with China.
Read More @ WallStreetonParade.com
by Brandon Turbeville, Activist Post:
John McCain’s sordid history with ISIS, terrorism, and color
revolutions has been demonstrated time and time again. However, if a new
video released by Ukrainian hacker group Cyber Berkut turns out to be
real, McCain’s ties to terrorism and domestic pro-war propaganda have
become even more demonstrative.
Only days ago, Cyber Berkut released a video purporting to show the studio creation of one of the famous ISIS beheadings of Western journalists. The video shows a “movie studio” complete with camera and directing crew as well as a small stage set with background and dirt for setting.
On his knees is what appears to be a bald man some are claiming to be Steven Sotloff (although others suggest James Foley); and to his side is another individual dressed in all black with his face covered in the same way as “Jihadi John” in the videos blasted across the television screens of Western audiences during the drum up to the bombing campaign in Iraq and Syria.
Read More @ ActivistPost.com
John McCain’s sordid history with ISIS, terrorism, and color
revolutions has been demonstrated time and time again. However, if a new
video released by Ukrainian hacker group Cyber Berkut turns out to be
real, McCain’s ties to terrorism and domestic pro-war propaganda have
become even more demonstrative.Only days ago, Cyber Berkut released a video purporting to show the studio creation of one of the famous ISIS beheadings of Western journalists. The video shows a “movie studio” complete with camera and directing crew as well as a small stage set with background and dirt for setting.
On his knees is what appears to be a bald man some are claiming to be Steven Sotloff (although others suggest James Foley); and to his side is another individual dressed in all black with his face covered in the same way as “Jihadi John” in the videos blasted across the television screens of Western audiences during the drum up to the bombing campaign in Iraq and Syria.
Read More @ ActivistPost.com
from Global Research:
50 billion euros in Greece, 70 billion euros in Ireland, 40 billion euros in Spain – one Euro-country after another is forced to support its banks with huge sums of money in order to equalize the losses incurred by money worldwide from bad loans. But where do the billions go anyway?
Who are the beneficiaries? With this simple question the award-winning business journalist and nonfiction author Harald Schumann travels across Europe and gets surprising answers.
The rescued are not in the poorer Euro states – unlike commonly believed – but mainly in Germany and France. A large part of the money ends up with the creditors of the banks that want to be saved or must be saved.
And although these investors have obviously made bad investments, they are – against all logic of the free market economy – protected at the expense of the general public against any losses. Why? Who gets the money? Actually, simple questions, but that regard the core of European identity. Maybe the most passionate film on the banking crisis.
50 billion euros in Greece, 70 billion euros in Ireland, 40 billion euros in Spain – one Euro-country after another is forced to support its banks with huge sums of money in order to equalize the losses incurred by money worldwide from bad loans. But where do the billions go anyway?
Who are the beneficiaries? With this simple question the award-winning business journalist and nonfiction author Harald Schumann travels across Europe and gets surprising answers.
The rescued are not in the poorer Euro states – unlike commonly believed – but mainly in Germany and France. A large part of the money ends up with the creditors of the banks that want to be saved or must be saved.
And although these investors have obviously made bad investments, they are – against all logic of the free market economy – protected at the expense of the general public against any losses. Why? Who gets the money? Actually, simple questions, but that regard the core of European identity. Maybe the most passionate film on the banking crisis.
from GordonTLong:
by Christina Sarich, Natural Society:
President Obama vowed he would make GMO labeling a reality when he was
campaigning back in 2007. It is now 2015, and instead of keeping his
promise, we’ve seen more legislation to block the labeling of
genetically modified foods, not support it.
Doctors, scientists, and CEOs of major corporations have asked Obama to support GMO labeling, but there has been no change. Is it time to pen a national letter to the President to tell him that we expect him to make good on his campaign promise, or is that just wishful thinking considering many believe biotech corporations control our government?
Even the New York Times admits that 90% of North America wants GMO labeling – so why the hold up in the White House? Obama seems to use his ‘executive order’ ability for so many other issues. Why not GMOs?
Read More @ NaturalSociety.com
President Obama vowed he would make GMO labeling a reality when he was
campaigning back in 2007. It is now 2015, and instead of keeping his
promise, we’ve seen more legislation to block the labeling of
genetically modified foods, not support it.Doctors, scientists, and CEOs of major corporations have asked Obama to support GMO labeling, but there has been no change. Is it time to pen a national letter to the President to tell him that we expect him to make good on his campaign promise, or is that just wishful thinking considering many believe biotech corporations control our government?
Even the New York Times admits that 90% of North America wants GMO labeling – so why the hold up in the White House? Obama seems to use his ‘executive order’ ability for so many other issues. Why not GMOs?
Read More @ NaturalSociety.com
from Dr. Mercola, via Zen Gardner:
Zachary Maxell was not your ordinary fourth grader. Zachary became
disenchanted with the school lunches at his large public elementary
school in New York City.
Every morning, he read the mouth-watering descriptions on the city’s online lunch menu to see what delectable cuisine was to be served that day.
Zach looked forward to those lunches that read as if they were coming from one of the city’s finest restaurants, but every day his heart sank when he was handed a tray of pale, lifeless, and ultimately tasteless food that was nothing like the advertisement—not by a long shot.
Irritated, hungry, and determined, Zachary decided to take matters into his own hands and went undercover.
Read More @ ZenGardner.com
Zachary Maxell was not your ordinary fourth grader. Zachary became
disenchanted with the school lunches at his large public elementary
school in New York City.Every morning, he read the mouth-watering descriptions on the city’s online lunch menu to see what delectable cuisine was to be served that day.
Zach looked forward to those lunches that read as if they were coming from one of the city’s finest restaurants, but every day his heart sank when he was handed a tray of pale, lifeless, and ultimately tasteless food that was nothing like the advertisement—not by a long shot.
Irritated, hungry, and determined, Zachary decided to take matters into his own hands and went undercover.
Read More @ ZenGardner.com
by Jeff Nielson, Bullion Bulls:
When I saw the headline (at Basher Central) that “something else” was
“driving the gold market” other than the Greek crisis and China-phobia, I
briefly entertained the thought that we were going to get some sort of
confession from the Criminals. Silly me!
What was the “revelation” we received from a lying shill for the CME Group (i.e. its senior economist)? That the reason why gold/silver prices have been ridiculously depressed (suppressed) for the last four years is because of “increasing mine supply”. This is where the propaganda machine needs to start including its own “laugh track” to these interviews — so we know when to laugh, ourselves, when these Liars say something really, really stupid.
“Increasing mine supply” is causing the depression in prices???
Read More @ BullionBullsCanada
When I saw the headline (at Basher Central) that “something else” was
“driving the gold market” other than the Greek crisis and China-phobia, I
briefly entertained the thought that we were going to get some sort of
confession from the Criminals. Silly me!What was the “revelation” we received from a lying shill for the CME Group (i.e. its senior economist)? That the reason why gold/silver prices have been ridiculously depressed (suppressed) for the last four years is because of “increasing mine supply”. This is where the propaganda machine needs to start including its own “laugh track” to these interviews — so we know when to laugh, ourselves, when these Liars say something really, really stupid.
“Increasing mine supply” is causing the depression in prices???
Read More @ BullionBullsCanada
by Tim Brown, Freedom Outpost:
As Providence would have it, your humble columnist has been gifted a
rare glimpse into a cloistered dress rehearsal for the stage play that
is intended to touch off World War III.On July 9, FBI Director James Comey reported that the agency several stopped potential acts of terrorism in the month before the July 4 holiday. Comey said they suspect that some of the more than 10 individuals arrested during that time were planning to exploit the holiday by committing acts of terror, although he shared no details of the potential plots that were supposedly thwarted, nor information on the identity of any individuals the FBI arrested.
For reasons that will become apparent, I have very good reason to believe that Comey’s story is a complete fiction. If any arrests were made, they likely involved Islamist wannabe patsies whom the FBI had been instructed to entrap – something at which they have become particularly adept since one Barack Hussein Obama took office.
Read More @ FreedomOutpost.com
from TheLibertyBrothers:
Social media users have warned that the latest hashtag accompanied craze will end up with someone seriously hurt, and provide the media with another angle to go at the seemingly endless “debate” regarding the Confederate flag.
In a campaign dubbed #NoFlaggingChallenge, people are filming themselves trespassing onto private property and tearing down the iconic flags. It is, of course, inextricably linked to the flap over the flag that the media has refused to drop since the horrible Charleston shooting last month.
The fallout from the incident prompted a renewed
emphasis on the Confederate symbol, which has seen it being removed from
everything from clothing to toy replicas of the Dukes of Hazzard car
‘General Lee’.
This weekend, the Confederate flag was officially removed from the South Carolina statehouse for the first time in more than 50 years.
Read More @ Infowars.com/
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
No comments:
Post a Comment