"There’s an insurrection coming...Mitt Romney will always be remembered as the one who put us over the edge and awoke a sleeping giant, the Silent Majority, the American people..."
Submitted by Tyler Durden on 03/06/2016 - 08:47 Something "disturbing" has emerged for financial pundits whose only job is to appear on CNBC, Fox Business or Bloomberg TV and to present their recurring daily permabullish view while pocketing a commission in exchange for the (almost) free advertising: a proposal which would hold them accountable for their recommendations. The result: an industry-wide panic about a post "fiduciary rule" world in which talking heads on CNBC can't simply disappear for a few months after saying that "Bear Stearns is fine" days before the bank spontaneously combusts.
Submitted by Tyler Durden on 03/06/2016 - 12:40 “It’s better to be out of a bull market, than fully invested in a bear market.”
Submitted by Tyler Durden on 03/06/2016 - 12:05
Submitted by Tyler Durden on 03/06/2016 - 11:30 Seattle has experienced the largest 3 month job loss in its history last year, following the introduction of a $15 minimum wage. We can only imagine the impact such a change has had on the prospects of employment for the young and unskilled.
Jefferies Trolls "Lightweight" Zero Hedge For Being Negative, Unveils Major Restructuring Hours LaterSubmitted by Tyler Durden on 03/06/2016 - 10:53 Today's moment of crystal-shattering poetic justice comes just hours after "TJ" trolled "lightweight choker Zero Hedge" for being too negative when Reuters reported that "Jefferies restructures junk debt business, bankers leave "
Submitted by Tyler Durden on 03/06/2016 - 09:47 The BIS’ Claudio Borio was vindicated in January - and it was a long time coming.
Submitted by Tyler Durden on 03/06/2016 - 02:51 It was a primary "Super Saturday" of surprises for the presidential candidates after Bernie Sanders took two of three contested states in the Democratic race, winning the caucuses of Nebraska and Kansas while in the Republican race Ted Cruz unexpectedly tied with Donald Trump, winning the smaller half of the night's four nominating contests, in Kansas - where Trump had been leading in the polls - and Maine. Nonethelesss Trump is holding onto his lead in the presidential race, one which remains his to lose.
Most Prepper types that I know appear to have a common trait: they are good at evaluating risks then moving to mitigate those risks in a nimble manner. What that means, in somewhat plainer English, is they have the ability to evaluate a situations, make a plan, learn from it, and ultimately act in a responsible manner.
Along those lines, more recently I have done some personal analysis and put more focus on what I call “hard times ahead”. With my disaster preps more or less in order, I want to ensure that my own household will get through a period of difficulty when, for instance, there is not enough food, work, or money to go around.
The United States is set to send nuclear-capable B-52 warplanes to bomb ISIS.
The warplanes will start attacking terrorist targets in Syria and Iraq in April as they replace B-1s that have returned to the US for updates.
It is not clear how many of the mammoth B-52s and airmen will take part in the deployment, that could see the bombers based at an American airbase in Qatar.
Late Friday, police entered the Zaman newspaper building in Istanbul, firing tear gas at protesters gathered outside.
Protests followed a court ruling on Friday that the high-circulation newspaper would be taken over by government-run administrators. The court’s decision came with no explanation.
The seized newspaper, Zaman Daily, is closely linked to the Hizmet movement of the influential US-based cleric, Fethullah Gulen.
“Negative ripple effects”
The rally in crude oil has been red hot. In the three weeks since February 11, WTI shot up a short-crushing 34% to $34.69 a barrel at the moment. Now the talk in the oil patch is at what price these desperate shale oil drillers will once again increase production.
Continental Resources CEO John Hart and Whiting Petroleum CEO Jim Volker told analysts this week that they’d step on the accelerator once oil reaches the $40 to $45 range. After all, drillers have to produce oil to be able to service their mountain of debts. They can’t just switch to selling T-shirts.
Alas, that looming increase in production won’t help deal with the glut. And a glut it is.
In the first part of this series, readers were presented with two separate but related expositions. First, readers were reminded of what is now a pattern of crime: the eight-year bubble-and-crash cycles manufactured by the Big Bank crime syndicate in the West.
The previous eight-year cycle ended with the Crash of ’08, making us merely weeks or months away from the Crash of ’16 . While some elements of this cycle are the same, such as another mammoth bubble in U.S. equity markets , several elements of the pattern are markedly different, for reasons which will be explained in this concluding installment.
If you’re buying gold right now…the government could be tracking you.
If you’re buying gold, you’re likely not doing it to make money. You’re buying it to make sure you don’t wake up poor one day.
Gold has been used as money for thousands of years because it is easily divisible, easily transportable, has intrinsic value, is durable, and has consistent form around the world. And, as Doug Casey reminds us, it’s a good form of money because governments can’t print it on a whim. You can’t “Bernanke your way” to wealth with gold.
Longtime Liberty Blitzkrieg readers will be aware that I’ve generally shied away from talking about financial markets over the past several years due to a recognition that I wasn’t getting the trends right. More recently, I’ve started writing about gold again since I believe a new and powerful bull market will be birthed in 2016.
Of course, I’m not the only one who can see the writing on the wall. Friends of mine in the precious metals business tell me they haven’t seen this much interest in accumulating physical in years. As such, I think it’s the perfect time to highlight a retirement product offered by my friends over at Perpetual Assets.