Submitted by Tyler Durden on 09/06/2015 - 11:59
USA Watchdog’s Greg Hunter interviewed investment expert Jeff Berwick on the ominous signs headed our way in the near future, and in particular, in the month of September.
Berwick has, like so many other voices, been on the forefront of warning about the instability of markets ahead, and during the seven year cycle of Shemitah, that it would unwise to ignore their warnings and prepare for a potential market crash.
If you allow the Assholes to take your cash...every penny you make will be tracked and ANYTIME they want to STEAL from you they WILL... and you will deserve it...
Submitted by Tyler Durden on 09/06/2015 - 14:15 September is here. As expected, market volatility is increasing. The Great Zombie War is intensifying. And investors are getting scared. Now they even want to do away with the State’s own scrip... You see where this is going, don’t you? If the feds are able to ban cash, they will have you completely under their control. You will invest when they want you to invest. You will buy when and what they want you to buy. You will be forced to keep your money in a bank – a bank controlled, of course, by the feds.
Submitted by Tyler Durden on 09/06/2015 - 11:25 More debt begets higher market value of equites which in turn improves the debt/equity ratio which gives the incentive to issue more debt ad infinitum. Or in a slightly simpler version, debt begets more debt. We have seen the story before. In the shaded grey areas we highlight episodes when the virtuous relationship turns ferociously vicious. Remember, markets take the escalator up, but the elevator down. And the longer the escalator the further down the elevator goes.
Submitted by Tyler Durden on 09/05/2015 - 21:45 What are the most crowded trades currently (and hence where the next round of carnage is coming from)? Long the US Dollar? Short US Treasuries? Long VIX? Think again...
Submitted by Tyler Durden on 09/06/2015 - 13:29 What was the final August, and YTD, score card for the hedge fund world? Here are the Top 20 best and worst performers...
The $100 billion BRICS Contingent Reserve Arrangement (CRA) has become fully operational following the inaugural meetings of the BRICS CRA Board of Governors and the Standing Committee in the Turkish capital of Ankara.
The Chinese government is known for its authoritarianism and secrecy, which helps explain why there has been a crackdown of sorts on any journalists seeking to report the truth surrounding China’s stock market plunge and economic disorder. (Republished from Collapse.news.)
As noted by Zero Hedge, Chinese authorities have been working for two months to control not just the country’s stock market but also the narrative surrounding the market’s recent negative performance.
“After an unwind in the CNY1 trillion back alley margin lending complex sparked a late June selloff, China cobbled together a plunge protection team run by China Securities Finance (an arm of CSRC [China Securities Regulatory Commission]) and began intervening in the market,” Zero Hedge reported. “That effort has cost an estimated CNY900 billion so far.”
The Sheeplez will believe anything the T.V tells them to think...Really sad...
It’s that time of the month again, where the Bureau of Lies and Scams issues their latest manipulated, massaged, and falsified unemployment data to the willfully ignorant masses. The MSM will unquestioningly regurgitate the lies with breathless enthusiasm. The Wall Street hucksters will interpret any data as positive for the stock market.
The two headlines flashing across TV screens and websites are diametrically opposed, but none of the talking heads will reveal they can’t both be true. Here are the two headlines from Marketwatch:
Europe's Biggest Bank Dares To Ask: Is The Fed Preparing For A "Controlled Demolition" Of The MarketSubmitted by Tyler Durden on 09/05/2015 - 16:25 "there is a sense that policy is being priced to “fail” rather than succeed... why should equities always rise in value? Why should debt holders be expected to afford their debt burden? There are plenty of alternative viable equilibria with SPX half its value, longevity liabilities in default and debt deflation in abundance. In those equilibria traditional QE ceases to work and the only road back to what we think is the current desired equilibrium is via true helicopter money via fiscal stimulus where there are no independent central banks.
Submitted by Tyler Durden on 09/06/2015 - 12:45
Submitted by Tyler Durden on 09/06/2015 - 09:41 Amid reports that Russia is building a substantial military presence in Syria, a worried John Kerry called Sergei Lavrov on Saturday. Here, according to the State Department, is what was said: "The secretary made clear that if such reports were accurate, these actions could further escalate the conflict, lead to greater loss of innocent life, increase refugee flows and risk confrontation with the anti-ISIL coalition operating in Syria."
Submitted by Tyler Durden on 09/06/2015 - 08:45 Banks in the US and Europe are trying to develop a cashless transactions system. The concept is to establish a comprehensive ledger for a business or a person that records everything received and spent, and all of the assets held – mortgages, investment portfolios, debts, contractual financial obligations, and anything else of market value. There would be no need for cash because the ledger would tell you and anyone you were considering a transaction with how much is available and would be transactable at any specific moment. This is not a dreamy idea. Blythe Masters is leading a new business effort to develop a universal cashless system. Not only is she gathering significant investor interest, but the Federal Reserve and various US Government agencies have become keenly interested in the potential usefulness and efficiencies of a universal cashless system
Submitted by Tyler Durden on 09/05/2015 - 22:00 Awareness about the concept of money is making a comeback. Gone are the decades in which the global citizenry was fooled to leave this subject to economists, governments and banks – a setup that has proven to end in disaster. The crisis in 2008 has spawned debate about what money is, where it comes from and where it should come from.
Bill Holter whose work you can follow over at Jim Sinclair’s JS Mineset is back and Bill says “Something Just Happened”. In fact, something changed three weeks ago and a series of events began which has led to a cascading collapse in global markets and some very strange happenings in the precious metals markets.
In silver last week there was confirmed volume of 122,482 contracts traded in a single day which represents 612 MILLION ounces of physical silver … or over 87% of annual global silver production. Meanwhile China has sold $100 billion worth of Treasury bonds over the last two weeks.
Bill warns, the leverage in all markets suggests a “holiday” will occur because the unwinding cannot be orderly. The “unwinding” by the way will need to undue the credit built upon credit going all the way back to Aug. 15, 1971.
Mr; Holter concludes: “We’re going to have an absolute Biblical collapse of our standard of living, and no one even has a clue that it’s coming.”
Oh, and one last note. The current 1980 inflation adjusted all time high for silver is $601 according to John Williams at Shadowstats. And that doesn’t account for all of the paper metals fraud in the system. Please bear that fact in mind as you consider what life may look like after the collapse of the Petro Dollar’s purchasing power.
Make sure you keep eating you Pacific Ocean fish...Yummy...
Russia’s alleged military build-up in Syria could lead to the escalation of conflict in the Middle Eastern country, US Secretary of State John Kerry said in a phone talk with his Russian counterpart Sergei Lavrov Friday.
On Monday, Israeli news outlet Ynet reported, citing anonymous Western officials, that Russia was sending fighter jets to Syria to conduct airstrikes against ISIL positions. Kremlin spokesman Dmitry Peskov later refuted the claims.
“The Secretary called Russian Foreign Minister Lavrov this morning to discuss Syria, including U.S. concerns about reports suggesting an imminent enhanced Russian military build-up there,” the statement on the US Department of State website read.
The Money GPS:
A cataclysmic wave of Africans, Middle Eastern and Eastern European immigrants continues flooding Western Europe as people flee war, famine, drought and extreme poverty.
The wave of immigration to Europe intensifies and increasingly overflows the continent’s capacity to deal with it. More than 23,000 immigrants have arrived to the Greek coast in the past week alone.
Such influx is an increase of 50% compared to the previous week, according to an estimate by the European Border Surveillance Agency. In Hungary, hundreds of people continue to protest at the railway station of Budapest, demanding access to trains to Germany.
Corruption isn’t just bribes and influence-peddling: it’s protecting the privileges of the few at the expense of the many. Rampant pollution is corruption writ large: the profits of the polluters are being protected at the expense of the millions being poisoned.
This is why capital and talent are fleeing China: systemic corruption has poisoned the nation and raised the cost of doing business. External costs such as environmental damage must be paid eventually, one way or the other.
Either the cost is paid in rising chronic illnesses, shorter lifespans and declining productivity, or profits and tax revenues must be siphoned off to clean up the damage and the sources of environmental degradation.
President Obama’s woefully inadequate nuclear deal with Iran could put the United States in the position of defending Iran against longtime American ally Israel, Republican presidential candidate Donald Trump said this week.
“A baby could negotiate a better deal than that,” he said scornfully in an interview Tuesday with CNN. ” We don’t get our prisoners back. They have 24-day inspections.”
“I like the idea of a deal but they should have doubled up the sanctions for another couple of months and they would have come to the table and they would have been begging to make a good deal,” maintained Trump, who has consistently voiced opposition to the agreement.
THillary Clinton’s decision to wipe clean her email server has already done enormous damage to US intelligence efforts. The logic is so clear and compelling that it is amazing to me that only now, and only via an email to the blog Powerline, has the extent of her reckless (at best) action become clear. Scott Johnson passes along this, from reader he terms “knowledgable”:
I saw your note on Clinton emails. You and everyone else are missing the real problem and scandal. It is not the emails she saved and turned over to the State Department. It is the erased server, but not for the reasons most people are talking about.
When Enrique Peña Nieto’s government pushed a historic energy reform bill through the Mexican congress in 2013, it was hoped that it would serve not only to privatize but also modernize Mexico’s state-owned Pemex and allow it to compete with giants like Exxon. However, the one thing the government seemingly hadn’t counted on was the collapse in global oil prices.
At the time, Brent oil prices were sitting pretty at around $110 per barrel. It was assumed those prices were there to stay; instead, they have plummeted to $50 per barrel.
Despite the government’s constant denials, the pain is beginning to show. The first auction of off shore oil leases, in July, was an unmitigated disaster, with only two of 14 exploration blocks awarded, both going to the same Mexican-led trio of energy firms.
Paypal announced to its U.S. customers via email today that it is ending its Puerto Rican service. The message read in part: “Person to person payments will not be made available for payments sent from Puerto Rico”
PayPal Puerto Rico
Government officials including FBI Director James Comey and NSA Director Admiral Mike Rogers frequently demand greater investigative powers. They justify it by highlighting – some would say hyping – terrorist threats from ISIL and other radical groups. To save us from the threat, they say they must have more money, more technology and more privacy-busting power.
If that threat is really so serious, why is the cabinet department charged with stopping it instead of going after male prostitution? Did they run out of terror suspects to investigate? Or is this another example of a government bureaucracy morphing into a role far beyond its original charter?
Even the New York Times editorial board finds the case “baffling.” As their article explains, the web site operator appeared to be facilitating consensual sex between adults. There is no sign anyone exploited the sex workers or that minors were involved. The Obama administration is otherwise very friendly to gay rights. So what is up?
The WikiLeaks Files – the only comprehensive analysis of the full archive of diplomatic cables released by WikiLeaks – is an essential reference for understanding the contours of American policy. For example, the current war in Syria.
The US strategically schemed to cause unrest in Syria against the Bashar al-Assad government. Faced with the rise of ISIS, which the US was not only aware of but also encouraged, the US slides deeper into a complicated war it helped escalate in the first place, recently involving the once reluctant Turkey and clandestinely including 80 British personnel as well.