...isn’t it a little bit scary to consider that the government’s #1 asset is its ability to steal money from you?
Submitted by Tyler Durden on 10/18/2015 - 22:16 AsiaPac stocks were generally lower heading into the all-important Chinese macro data (S&P -6pts, Japan -0.7%, China -0.2%) as JPY erased Friday's ramp and crude dropped back below $47. The PBOC left the Onshore Yuan fix practically unchanged (following Friday's significant devaluation). Then the data hit... China GDP beat expectations (printing 6.9% YoY vs 6.8% exp) but is still the lowest growth since Q1 2009. Industrial Production missed (printing 5.7% YoY vs 6.0% exp). Retail Sales beat (10.9% YoY vs 10.8% exp). The initial reaction was kneejerk buying in USDJPY and stocks but that is fading as "good news" will relieve The Fed's angst over growth...
Submitted by Tyler Durden on 10/18/2015 - 21:40 The American people accept the persecution of truth-tellers, because they have been brainwashed into believing that patriotism means defense of the government no matter what. As truth is so unfavorable to Washington, Americans believe that it must not be revealed, and if revealed, covered up, and those who reveal truth must be punished. A country with such a population as this is a police state, not a free country.
By the time Goldman Sachs published its widely referenced warning of a third wave in the global financial crisis (mid October), the physical precious metals’ markets were already feeling the strain of very strong demand against a rapidly dwindling supply. China, the country seemingly at the epicenter of the developing emerging market crisis, by itself had taken 911 tonnes of gold off the market in the first half of 2015 – a number when annualized that represents nearly two-thirds of the world’s mine production. India, another of the so-called BRICS nations (Brazil, Russia, India, China and South Africa) was a strong second at 400-500 tonnes. In the Occident, gold demand was strong, but silver demand was even stronger. Global mints were reporting off-the-charts demand for silver bullion coins. Coin premiums were on the rise in extremis at one point reaching almost $6 per ounce on the popular silver American Eagle.
Submitted by Tyler Durden on 10/18/2015 - 19:54 "Yellen is doing this with the blessing of the President because he doesn’t want to have a recession - or worse- in his administration. I’m a developer, I’m not complaining from my own standpoint, I’m just saying that at some point, you have to raise interest rates, you pay nothing. They are trying to put the recession - and it could be a beauty - into the next administration."
Submitted by Tyler Durden on 10/18/2015 - 19:20 The world sits at a very precarious point once again in time. There is a very real possibility, as well as an ever-increasing chance one wrong unintended or misunderstood event could trigger an all out war of global proportions. For the matter at hand, the players involved, the possibilities of doing just the slightest of wrong moves whether intentional or not, at precisely the wrong time; has the inherent risk of triggering world events in ways and at magnitudes not seen since WW2. And if you think that’s hyperbole – you’ve just not been paying attention.
The Zionist Plan for the Middle East, also known as the Yinon Plan, is an Israeli strategic plan to ensure Israeli regional superiority. It insists and stipulates that Israel must reconfigure its geo-political environment through the balkanization of the surrounding Arab states into smaller and weaker states.
When viewed in the current context, the war on Iraq, the 2006 war on Lebanon, the 2011 war on Libya, the ongoing war on Syria, not to mention the process of regime change in Egypt, must be understood in relation to the Zionist Plan for the Middle East. The latter consists in weakening and eventually fracturing neighboring Arab states as part of an Israeli expansionist project.
filed under (unt I realy should start using spel check...
as Fox reports, it is "worth looking into" mandatory gun buy-back programs like ones in Australia. "This validates what the NRA has said all along," said Chris Cox, executive director of The NRA, with Clinton's comments making “very clear” that the underlying goal of gun-control advocates is confiscation.
"We Are Facing Social Unrest" - German Police Union Chief Demands Building Of Border Fence Around GermanySubmitted by Tyler Durden on 10/18/2015 - 18:14 Germany's police union chief, Rainer Wendt, called for a fence to be built along the country's border to stem the flow of migrants. : Wendt said Germany was facing "social unrest" due to the large number of migrants entering the country. "Our internal (law and) order is at risk...Someone needs to pull the emergency brake now," he cautioned.
Submitted by Tyler Durden on 10/18/2015 - 17:50 Bernie Sanders’s entry into the presidential race has sparked a nationwide conversation about socialism and its potential to remedy the real and perceived pathologies suffered by Americans. The underlying problem with socialists like Bernie Sanders is that they do not actually believe (or understand) in economics at all. As Ludwig von Mises himself has pointed out, socialism is not an economic theory — it is a theory of redistribution.
Submitted by Tyler Durden on 10/18/2015 - 17:25
Submitted by Tyler Durden on 10/18/2015 - 12:00 “We are in the throes of a deep depression, and nothing is changing,” a franchise owner wrote in response to a financial survey by Nomura Group that warned "probably 30% of operators are insolvent." One owner went as far as to speculate that McDonald’s is literally “facing its final days.”
Good evening Ladies and Gentlemen:
Here are the following closes for gold and silver today:
Gold: $1183.60 down $4.30 (comex closing time)
Silver $16.10 down 5 cents.
In the access market 5:15 pm
At the gold comex today, we had a very poor delivery day, registering 50 notices for 5000 ounces Silver saw 0 notices for nil oz.
Diabetes is a disease that causes blood glucose (sugar) levels to rise higher than normal. This is also called hyperglycemia. Type 2 diabetes is the most common form of diabetes.
When you have type 2 diabetes, your fat, liver, and muscle cells do not respond correctly to insulin. This is called insulin resistance. As a result, blood sugar does not get into these cells to be stored for energy.
Diabetes has grown very fast and latest statistics revealed by the US Centers for Disease Control state that 25.8 million Americans have diabetes. Also, research from the ADA shows that 79 million Americans have pre-diabetes, which is 25% of the US population!
With continued volatility in global markets, today one of the top economists in the world sent King World News an incredibly powerful piece warning that a full-blown depression will force radical changes.
On December 16th, 1773 the Sons of Liberty in Boston, in protest of the Tea Act, destroyed an entire shipment of tea sent by the East India Company, in a political protest referred to as the Boston Tea Party.
Following the Wall Street bail-outs in 2009, a political movement also protesting their lack of representation in government sought a reduction of the U.S. national debt and deficits by reducing government spending and lowering taxes. They were referred to as The Tea Party, named from the aforementioned Boston variety…
At a special session of the Political Bureau of the Communist Party on Oct. 12 called to discuss the issue of global governance, President Xi Jinping called for a major reform of the system of global governance, reported Xinhua Tuesday. Reform is necessary in order for China to play a greater role in global governance, Xi said, and international organizations must reform in order to reflect the significance of emerging markets and developing countries. Reform is “an irresistible trend,” Xi said, and reform at the global level is about “laying down rules for the international order and international mechanisms” as well as “deciding in which direction the world will head.”
Xi said the rise of developing nations like China, has brought about “revolutionary changes” to the world order and that it was now necessary that the World Bank and the International Monetary Fund, for example, should undertake reforms to fully reflect the needs and interests of emerging markets.