Watch as Carrier workers in Indiana discover who's really "peddling fiction"...
Submitted by Tyler Durden on 02/12/2016 - 22:05 Superpower America required a more dangerous enemy than a few lightly armed jihadists, so the “Russian threat” was created. To drive home the threat, Russia and her president are constantly demonized. The conclusion is unavoidable that the insouciant American people are being prepared for war.
Russia will have no choice but to use Tactical (Battlefield) Nuclear Weapons to defend Syria once a ground invasion begins within 18 days, as 350,000 troops, 20,000 Tanks, 2,450 military planes and 460 Helicopters from 25 countries are massing in northern Saudi Arabia. Syria has warned “any aggressor entering the country will go home in wooden coffins;” Russia has said any country sending ground troops into Syria without permission will be considered “a declaration of war.”
Thousands of soldiers from regional countries are set to participate in what is being “called” a military “exercise” media reports say.
Saudi media said some 350,000 forces from Persian Gulf Arab states and a number of other countries will take part in a Saudi-led military maneuver in the area of Hafer al-Batin in northern Saudi Arabia.
Submitted by Tyler Durden on 02/12/2016 - 21:40 "... the notable rally in gold is essentially a protest vote against the global financial system, the equivalent of taking your ball and going home."
Submitted by Tyler Durden on 02/12/2016 - 21:32 The pressure of being wrong about Trump over and over was building, so when it appeared they were finally right about something, the release was earthshaking...
Submitted by Tyler Durden on 02/12/2016 - 21:15 What we see happening today is the last gasps of a broken system ravished by the very much cancer-like progress of debt. Yes, it took longer than it should have, and than we thought. But that’s pretty much irrelevant, unless you were trying to get rich off of the downfall of your own world. Always a noble goal. There’s one reason for the delay only: central bank hubris. And now the entire shebang is falling to bits. That this would proceed in chaotic ways was always a given. People don’t know where to look first or last, neither central bankers nor investors nor anyone else.
Submitted by Tyler Durden on 02/12/2016 - 21:07 "I spend most of my time, while looking at current prices, thinking about and trying to live six months to one year in the future.... What I can see now is that US growth is slowing, and that the market is likely to price in reduced monetary tightening." ... but... " The future for me is now more uncertain than at any time I can remember"
Submitted by Tyler Durden on 02/12/2016 - 20:50 "DebtX is pleased to announce the sale of a RMB 556 million non-performing loan relationship. The offering includes two non-performing loans secured by real estate in Southern China. The loans have strong loan to values, an in-place lease through 2025, and a full guaranty. "
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Submitted by Tyler Durden on 02/12/2016 - 20:45 "A newspaper is a device for making the ignorant more ignorant and the crazy crazier." If you really want to know how weak Hillary Clinton is as a candidate, you merely have to appreciate that the U.S. media essentially acts as her own personal PR firm, yet the public still recognizes her as a dishonest crook. Brace yourself for the following story, it’s huge.
Submitted by Tyler Durden on 02/12/2016 - 18:44 Americans in their 50s, 60s and 70s - the Baby Boom generation - are carrying unprecedented amounts of debt, a shift which according to the WSJ "reflects both the aging of the baby boomer generation and their greater likelihood of retaining mortgage, auto and student debt at much later ages than previous generations." While aggregate debt of Gen-Xers has admirably declined by 12% in the past 12 years, the aggregate debt of the average Baby Boomer has soared by an unprecedented 169%!
Submitted by Tyler Durden on 02/12/2016 - 18:44 "I would like to ask every person who left Syria to come back. That's natural but not enough. Emotions are not enough. They would ask: "Why should I come back? Has terrorism stopped? The question is: for how many years will Turkey and Saudi Arabia continue to support terrorism?
Starting last July, the share prices of the biggest banks on Wall Street have been on a steady downward trajectory. That trend heated up yesterday with Citigroup and Bank of America both dropping over 6 percent by the close of trading. Goldman Sachs and Morgan Stanley were down by over 4 percent. All four of the banks set new 12-month lows in intraday trading.
A strong argument can be made that much of the public’s lack of confidence in these complex banking and gambling behemoths is a result of the dark curtain that has been drawn around their operations. Evidence is piling up that government regulators of Wall Street no longer see themselves as the protectors of the people but as the protectors of Wall Street’s secrets.
PBS debate moderator Judy Woodruff asked socialist Bernie Sanders Thursday night, “How big would government be,” if Sanders gets the chance to do everything he’s promising to do.
Sanders said he would guarantee health care to all people; make public colleges and universities tuition-free; and spend trillion dollars rebuilding the nation’s infrastructure.
As for the size of a Sanders government, “Of course there will be a limit,” he said. “But when today you have massive levels of income and wealth inequality, when the middle class is disappearing, you have the highest rate of child poverty of almost any major country on Earth — yes, in my view, the government of a democratic society has a moral responsibility to play a vital role in making sure all of our people have a decent standard of living.”
There are endless places and ways to conceal, hide and stash your guns and other precious items.
Who knows when the time would actually come when some jack-booted thug would beat down your door and search for your constitutionally-mandated firearms – but with Obama’s gun control and many possible scenarios for martial law and a crackdown on patriots, it could really happen.
And it may be time to think about the possibilities, if you haven’t already.
Jim Grant appeared on CNBC’s Closing Bell and unhesitatingly said he thinks the US economy has already gone into recession:
I think we are in one…I think there’s a defensible case to be made that a recession began late last year.”
Grant echoed what Peter Schiff has been saying. In his Gold Videocast last week, Peter also said he thinks the recession started last year:
I believe eventually the government will acknowledge that this greater recession began in the fourth quarter of 2015, the very quarter that the Fed chose to raise interest rates.”
This week has seen several clients selling gold and silver to take advantage of the extraordinary price gains on both metals. However, as the price increases have continued, we have seen a high interest from clients to purchase the yellow metal.
GoldMoney’s clients have preferred the Singapore vaults this week, with the London and Switzerland vaults less popular.
Kelly-Ann Kearsey, Dealing Manager at GoldMoney, says gold and silver prices have remained strong this week despite the Chinese market being closed for the Chinese New Year.