Submitted by Tyler Durden on 09/12/2015 - 19:13 "Of all the possible risk scenarios the meltdown scenario is, realistically speaking, the most likely to occur. It is actually a more realistic outcome than the capital stock adjustment scenario. If China’s economy, the second largest in the world, twice the size of Japan’s, were to lapse into a meltdown situation such as this one, the effect would more than likely send the world economy into a tailspin. Its impact could be the worst the world has ever seen."
Next week we’ll find out if the longest-ever will-they-or-won’t-they drama involving a virtually insignificant quarter-point interest rate change will amount to anything. But either way, US monetary policy is already a lot tighter than it was a year ago.
The Fed’s balance sheet, for instance, is a measure of how much new currency it is pumping into the banking system. And it’s up only $79 billion, or 1.8%, in the past year. In real terms, that’s flat to slightly negative.
Much bigger in the scheme of things is the dollar, which is up by about 20% versus most other major currencies (and a lot more versus emerging market currencies like the Brazilian real).
The scandal surrounding US intelligence reports on ISIS just hit President Barack Obama’s inner circle.
James Clapper, America’s top spy, is reportedly in “frequent and unusual contact” with the military officer who is suspected of allowing US reports on ISIS to be altered to fit the administration’s official line, Spencer Ackerman at The Guardian reports.
“In communications, Clapper, who is far more senior than [Army Brig. Gen. Steven Grove], is said to tell Grove how the war looks from his vantage point, and question Grove about Central Command’s assessments,” Ackerman writes.
"Psychopaths Are Running The World" Former US Marine Blows Whistle On Syrian False Flag, Exposes Real AgendaSubmitted by Tyler Durden on 09/12/2015 - 20:45 "We have tortured and killed and maimed and raped around this planet. We don't operate under international law... who in their right mind would consider the United States or the West in general to be in any position to punish anybody? All of these players, these politicians are nothing more than puppets, they don't serve the people there is no real democracy, they serve the rich and powerful who run the world and that would be the bankers who control the money supply. The bankers make huge amounts of money....wars are great for them and ultimately they control the politicians. Psychopaths are running the world." - Ken O'Keefe, former US Marine
Submitted by Tyler Durden on 09/12/2015 - 14:54 Over the past several years, incidents involving fake gold (usually in the form of gold-plated tungsten) have emerged every so often, usually involving Manhattan's jewerly district, some of Europe's bigger gold foundries, or the occasional billion dealer. But never was fake gold actually discovered in the form monetary gold, held by a bank as reserve capital and designed to fool bank regulators of a bank's true financial state. This changed on Friday when Russia's "Admiralty" Bank, which had its banking license revoked last week by Russia's central bank, was reportedly using gold-plated metal as part of its "gold reserves."
When the going gets weird, the weird turn pro. – Hunter S. Thompson
I mentioned the news reports of fist-fights breaking out at traffic intersections in Denver. Then yesterday I hear two different news reports of random gun shots. One of shots fired into someone’s house in a not so great part of Denver (Aurora). The second report of bullets flying across one of Denver’s busiest highways and hitting cars. Then I learn last night that bullets flying into cars driving on highways in Arizona have become part of everyone’s daily routine.
We’re sliding into the “Mad Max” scenario which many of us for a long time have envisioned eventually hitting this country. I would have thought that this environment would have started engulfing this country in 2008.
Submitted by Tyler Durden on 09/12/2015 - 19:58 "Our FCI Rule Suggests The Fed Should Think about Easing"...
Submitted by Tyler Durden on 09/12/2015 - 18:29 Seeing the market crash from a few weeks ago, it is clear how quickly the market can ferociously hurdle in front of one's risk models. Risk models that failed to safeguard against risk when it mattered the most. Models that left many large hedge funds hemorrhaging - top funds which by definition were supposed to protect their investors in the August tumult. Instead when markets broke bad, a lot of things "went wrong"; and stayed that way.
Submitted by Tyler Durden on 09/12/2015 - 17:45 "What me?"
Submitted by Tyler Durden on 09/12/2015 - 17:00 It’s well-known that you have to make a declaration if you physically transport $10,000 or more in cash or monetary instruments in or out of the US, or almost any other country; governments collude on these things, often informally. But we've recently had some disturbing experiences crossing borders with coins...
Submitted by Tyler Durden on 09/12/2015 - 16:15 Positioning across the world's most-levered financial instruments has never been this crowded. With such extreme positioning across the equity, vol, and bond complex, it would seem no matter what The Fed does in September, there will be blood.
Submitted by Tyler Durden on 09/12/2015 - 16:09 "The story that (Aylan's father) told is untrue. I don't know what made him lie, maybe fear. He was the one driving the boat right from the start. When they set off five minutes in he was looking left and right, worried, then he was speeding. Even his wife was screaming at him to slow down." Iraq-based Zainab Abbas, via her Sydney-based cousin Lara Tahseen, told Ten News she paid $10,000 for the voyage.
Submitted by Tyler Durden on 09/12/2015 - 15:30 Faith in the QE world is waning everywhere and with very good reason. If the "wholesale money" eurodollar takeover was instead responsible for the serial asset bubbles of the past two decades, then it would make far more sense to extrapolate stock trends from that starting point rather than the irrelevant and overstated federal funds monkeying. In this context, the panic in 2008 makes perfect sense as it was a total failure of the eurodollar/wholesale system which not only reversed in total the prior bubble levels it crushed the global economy with it.
Submitted by Tyler Durden on 09/12/2015 - 14:25 So far, it’s a different type of crisis – market tumult in the face of global QE, in the face of ultra-low interest rates and the perception of a concerted global central bank liquidity backstop. It’s the kind of crisis that’s so far been able to achieve a decent head of steam without causing much angst. And it’s difficult to interpret this bullishly. If Brazil goes into a tailspin, it will likely pull down Latin American neighbors, along with vulnerable Indonesia, Malaysia, Turkey and others. And then a full-fledged “risk off” de-risking/de-leveraging would have far-reaching ramifications, perhaps even dislocation and a collapse of the currency peg in China. China does have a number of major trading partners in trouble. Hard for me to believe the sophisticated players aren’t planning on slashing risk.
A mysterious string of alternative health practitioner deaths has culminated with the tragic murder of a Pennsylvania osteopath by the name of Dr. Mary Rene Bovier, D.O., the tenth such suspicious death to occur since late spring. On August 12, Dr. Bovier, 65, was reportedly found stabbed to death in her home in Sharon, Pennsylvania, in a scene that authorities say is indicative of homicide.
Local police say they’ve already identified a “person of interest” who they suspect might be responsible for Dr. Bovier’s murder. This person, who apparently lives right across the street from Dr. Bovier’s now-empty residence, appears to have been acquainted with the osteopathic physician and her integrative practice.
Remember...Have to keep the Sheeplez Scared...
According to federal records, our nation’s power grid has been successfully penetrated by cyber attackers at least 159 times during a 48 month period that ended in October 2014. The records, which were obtained as part of a Freedom of Information Act filed by USA Today, show that the Department of Energy reported at least 1,131 cyber attacks during that same period.
Although the Department of Energy claims these attacks have never resulted in any widespread outages, the attacks have raised fears over how vulnerable our nation’s power grid is to an attack.
from Radio Gold Seek
- Axel Merk, head of Merk Investments returns to the show – he thinks the Fed should balk on next week’s proposed rate hike.
- Instead, policymakers will likely engineer a ZIRP exit strategy.
- By reducing volatility / exposure to zero, the Fed “put” has lulled investors into a false sense of security, forcing savings into risky assets.
- The resulting complacency is costly and could increase along with
volatility in the coming weeks / months as investors adjust
Our guest outlines a robust, portfolio diversification-strategy.
- From a contrarian stance, gold offers a solid alternative to over priced equities. Merk Investments created a gold ETF with the benefit of delivery.
- Investors can request delivery of American Gold Eagles to their doorsteps in one week, regardless of market volatility (OUNZ).
Before you go out and purchase a survival knife, understand that there are characteristics you must look for before purchasing. As well, keep in mind what uses and environments you plan to use your knife in. Many believe that simplicity is the key – a good blade with a dependable handle is all you need. Inevitably, it all comes down to your preferences, but keep the following points in mind.
Many who have followed the writings on this site are all too familiar with how the Department of Homeland Security and FEMA have turned your pastor into an agent of the state. And as such, your pastor has been trained to invoke Romans 13 in order to enforce compliance with government edicts, no mater how draconian, in a time of national emergency.
Many of the nation’s pastors have been trained how to bring calm to incarcerated Americans being held in the proverbial FEMA camps in which the pastors are forbidden to quote the Bible and speak of Jesus. It would be wise to click on the link for the two aforementioned claims before proceeding with this article.
I am not afraid of an economic collapse. Coming from someone that runs “The Economic Collapse Blog”, I am sure that sounds like a very odd statement. But it is true. I have no fear of economic collapse, even though I am fully convinced that the hardest times that any of us have ever experienced are ahead. I spend countless numbers of hours in front of my computer immersed in deeply disturbing information, and yet I sleep more soundly at night than I ever have before. In fact, my wife and I seek to live in a constant state of “shalom”, which is the Hebrew word for peace. So how is this possible? How can “the economic collapse guy” not be absolutely overwhelmed by fear, depression and paranoia?
From Washington to the western media, everyone has been talking about reports of potential Russian ‘intervention’ in Syria. On the one hand, the proliferation of this meme is a case study in the western propaganda system, as one report is then repeated ad nauseam from thousands of sources, then built upon by subsequent reports, thereby manufacturing the irrefutable truth from the perspective of media pundits and western mouthpieces. On the other hand, the new reports also raise some interesting questions about the motives of both the US and Russia, as well as the other interested parties to the conflict in Syria.
In examining this new chapter of the ongoing war in Syria, two critical and interrelated points seem to rise above all others in importance: Why is the western media hyping this narrative of Russian intervention? And why is direct Russian involvement, limited though it may be, seen as such a threat by the US?
I wouldn’t say that it is “never too late” to prepare for potential disaster because, obviously, the numerous economic and social catastrophes of the past have proven otherwise. There simply comes a point in time in which the ignorant and presumptive are indeed officially screwed. I will say that we have not quite come to that point yet here in the U.S., but the window of opportunity for preparation is growing very narrow.
As expected, U.S. stocks are now revealing the underlying instability of our economy, which has been festering for several years. Extreme volatility not seen since 2008/2009 has returned, sometimes with 1000 point fluctuations positive and negative in the span of only a couple days. Current market tremors are beginning to resemble the EKG of a patient suffering a heart attack.
“A general Dissolution of the Principles and Manners will more surely overthrow the Liberties of America than the whole Force of the Common Enemy.” -Samuel Adams
This past week has brought in a wave of purposed lies from this criminal administration only to establish that which is unconstitutional, as well as illegal. Obama’s spokesliar, Josh Earnest, erroneously claimed the “Rule of Law” in support of Rowan County Clerk Kim Davis being jailed for contempt by a Nazi-like judge appointed by George W. Bush.
“I will just say on principle that the success of our democracy depends on the rule of law and there is no public official that is above the law,” Earnest said. “Certainly, not the President of the United States. But neither is the Rowan County clerk. That’s a principle that is enshrined in our Constitution and in our democracy.”