Submitted by Tyler Durden on 06/25/2015 - 15:10 For a glimpse of what happens next, look no further than Sweden.
Richard Russell – Big Money Now Panicking As Legendary Economist John Williams Issues A Dire Warning
Of everything I read there is one item that bothers me, it’s the newsletter by John Williams titled Shadow Government Statistics. But strangely, I never see him quoted. Here’s what he says in his latest mailing:
“Broad outlook is unchanged: economy remains in downturn. Dollar faces massive decline with ongoing implications for a hyperinflation crisis. The US economy remains in ongoing downturn, while the US dollar faces a massive decline, with implications for a meaningful upturn in inflation evolving into a great hyperinflationary crisis. Signs of systemic instability are increasing anew.”
Williams’ report is based on cutting through the government and Federal Reserve propaganda and giving us the real facts. Williams believes that the US never grew out of the great recession and is still in recession.
Richard Russell Continues @ KingWorldNews.com
China has been quite reserved about commenting on the extreme corruption and fraud which pervades the west hemisphere’s Governments, Central Banks and financial markets, especially as it regards the United States and its flagrant manipulation of the currency and precious metals markets. But China has been quite active with diversifying its sources of revenues and foreign reserves out of the U.S. dollar and in to alternative currencies and hard assets.
Follow the money: The Shanghai Gold Exchange has announced that it intends to roll-out a renminbi-denominated fix by the end of the year. The plan is now being reviewed by the Central Bank (the PBoC) for approval:
Read More @ Investmentresearchdynamics.com
Putin Unexpectedly Calls Obama: What Did They Talk About?
Submitted by Tyler Durden on 06/25/2015 - 22:58 "Vladimir Putin had a telephone conversation with President of the United States of America Barack Obama.... the presidents of Russia and the US had an extensive discussion of current issues in bilateral relations. They also engaged in a detailed exchange of opinions concerning the situation in Syria and touched on settling the issue of the Iranian nuclear programme."The Pentagon Goes Nuclear On Russia
Submitted by Tyler Durden on 06/25/2015 - 22:30 MAD – Mutually Assured Destruction – is way over. It kept a somewhat uneasy peace during seven decades of Cold War. Cold War 2.0 is as hardcore as it gets. And with all those Breedhate Strangeloves on the loose, nuclear madness is now at five seconds to midnight."Blood On The Streets": Chinese 'Nasdaq' Crashes Most On Record, Morgan Stanley Warns "Don't Buy This Dip"
Submitted by Tyler Durden on 06/25/2015 - 23:45 Is it time to step in and buy the dip in Chinese mainland shares after last week’s harrowing 13% decline on the SHCOMP? Absolutely not, Morgan Stanley says.*CHINEXT PLUNGES 8.3%, BIGGEST ONE-DAY LOSS EVER
Chinese Equity Futures Tumble Ahead Of Open As Morgan Stanley Warns "Don't Buy This Dip"
Submitted by Tyler Durden on 06/25/2015 - 21:25 Is it time to step in and buy the dip in Chinese mainland shares after last week’s harrowing 13% decline on the SHCOMP? Absolutely not, Morgan Stanley says.And sure enough, based on CSI-300 futures, China is not seeing any bounce whatsoever after yesterday continued crash...
The Biggest Threat To Chinese Stocks: "Shadow Lending" Crackdown
Submitted by Tyler Durden on 06/25/2015 - 22:30 China's margin loan balance sits at around CNY2.2 trillion, and while that’s certainly impressive, there’s every reason to believe that at least another CNY500 billion in margin lending has been funneled into the Chinese stock market via the country’s shadow banking complex. As regulators tighten the screws on shadow margin lending, are stocks in for a rude awakening?This week, a number of Billionaire Investors have made some dire warnings about our economy; one top investor actually told his clients that “It’s Time to Hide Cash under the Mattress”.
Ian Spreadbury, one of Britain’s most senior fund managers, took the unprecedented step of warning his clients that it may be time to start hiding money under their mattresses. He warned that a “systemic event” could soon rock the markets, possibly similar in magnitude to the financial crisis of 2008.
He told his clients that the best strategy to deal with what he sees coming is for investors to spread their money widely into different assets, including gold and silver, as well as cash in savings accounts. But he went even further than most, suggesting it was time to hold and hide some “physical cash”.
Read More @ OffGridSurvival.com
In a 6-3 decision, the U.S. Supreme Court, led by Chief Justice John Roberts, upheld a rather unique legal principle this week, that despite what words are actually written into a law, they don’t really mean what they actually say.
That’s the logic that a majority of justices utilized after they once again affirmed a critical portion of the Affordable Care Act: namely, that all exchanges, state and federal, are the same, because that’s supposedly what Congress meant when crafting the law.
Only, that’s not what Congress wrote into the law.
The primary issue under consideration by the high court was whether residents of states that did not establish exchanges were eligible for such subsidies. As noted in the plaintiffs’ argument, the Affordable Care Act clearly notes that subsidies are only supposed to be available through exchanges “established by the state.” [emphasis added]
Read More @ NaturalNews.com
18 Years Ago This Country Collapsed Almost Overnight. Is This Time Different?
Submitted by Tyler Durden on 06/25/2015 - 16:30 In late June 1997, eighteen years ago, this part of the world felt pretty normal. People had jobs. Inflation was fairly low. The economy was growing. Confidence was high. Life was great. Property prices soared. Stock prices soared. It was a classic bubble... But it all unraveled, practically overnight.For The First Time Ever, QE Has Officially Failed
Submitted by Tyler Durden on 06/25/2015 - 15:10 For a glimpse of what happens next, look no further than Sweden.A poll conducted jointly by The University of Texas and The Texas Tribune has found that a majority of Texans believe that the federal government is likely to order a “domestic military intervention” to arrest political protesters and violate property rights.
The poll was conducted primarily to discover
whether Texans felt Governor Greg Abbott was correct in his actions to
send the Texas State Guard to monitor the Jade Helm military exercises
in Central Texas, which many are concerned are part of a larger drill
for a future domestic military takeover.
The poll found that 39 percent agreed with the
Governor’s actions, while 28 percent opposed them. A whopping 32 percent
had no opinion on the matter.
Read More @ Infowars.comWhile America was distracted by a contrived, pre-planned Confederate flag distraction, the U.S. Congress forfeited the entire economic future of the country by quietly passing so-called “fast-track authority” which will allow President Obama to approve the TPP “free trade” agreement.
The TPP, as you may have heard, outright surrenders U.S. sovereignty to multinational corporations, handing them total global monopolies over labor practices, immigration, Big Pharma drug pricing, GMO food labeling, criminalization of garden seeds and much more. In all, the TPP hands over control of 80% of the U.S. economy to global monopolists, and the TPP is set up to enable those corporations to engage in virtually unlimited toxic chemical pollution, medical monopolization, the gutting of labor safety laws and much more.
Read More @ NaturalNews.com
More Proof WeTheSheeplez are completely screwed...
How Much Is $160 Of Silver Worth To The Average American? (Hint: Less Than $10)
Submitted by Tyler Durden on 06/25/2015 - 21:30 Seemingly confirming the national new normal, dumbing-down-ness, the following clip shows Americans have absolutely no idea about the value of precious metals. When asked if they would like to purchase a 10oz silver bar (worth $160) for just ten bucks, every single one refused... one even refused to handover a half-drunk Starbucks coffee for the silver bar...China To Philippines: Stop "Roping In" Other Countries In Sea Standoff
Submitted by Tyler Durden on 06/25/2015 - 21:00 "Certain countries are roping in countries from outside the region to get involved in the South China Sea issue, putting on a big show of force, deliberately exaggerating the tense atmosphere in the region." And by "certain countries" China means the Philippines.CNN Reporter Stunned As Young Black Man Defends Confederate Flag
Submitted by Tyler Durden on 06/25/2015 - 19:30 "Great minds discuss ideas; average minds discuss events; small minds discuss people"...and complete f##king idiots obsess about flags.
from Global Research TV:
With tensions growing in Europe, Asia and the Middle East, a new generation of nuclear weapons technology is making nuclear warfare a very real prospect. And with very little fanfare, the US is embarking on the privatization of nuclear war under a first-strike doctrine. This is the GRTV Backgrounder with our guest, Professor Michel Chossudovsky.
With tensions growing in Europe, Asia and the Middle East, a new generation of nuclear weapons technology is making nuclear warfare a very real prospect. And with very little fanfare, the US is embarking on the privatization of nuclear war under a first-strike doctrine. This is the GRTV Backgrounder with our guest, Professor Michel Chossudovsky.
IRS Deleted Backups Of 24,000 Lois Lerner Emails Months After Subpoena
Submitted by Tyler Durden on 06/25/2015 - 18:55 According to the IG's deputy Timothy Camus, two "lower-graded" employees at the IRS center in Martinsburg, West Virginia, erased 422 computer backup tapes that contained as many as 24,000 emails to and from former IRS official Lois Lerner. It gets better: the tapes were erased in March 2014, months after congressional investigators requested all of Lerner's emails, and months after Zero Hedge, among many others, said to simply track down the server back ups. And the punchline: according to George, the workers might be incompetent, a lead investigator said Thursday, but there is no evidence they were part of a criminal conspiracy to destroy evidence.In Gold We Trust, 2015
Submitted by Tyler Durden on 06/25/2015 - 18:30from RT:
from The Daily Sheeple:
Ever since its arrival in the Middle East, ISIS has been busy turning their organization into a functional government that is not unlike the institutions they’re fighting. They’ve created bureaucracies, school curricula, environmental controls, ID cards, and have provided their own twisted brand of law and order. They’ve even managed to achieve some of the more traditional staples of a government, such as taxing, looting, conquering, and wholesale murder.
But now ISIS is planning to add to that list by issuing a new currency. Unlike its predecessors though, and pretty much every other currency on Earth, they claim that their new coinage will be made of precious metals, including gold, silver, and copper. Their gold Dinar will supposedly be valued at $139, which would make it 1/10 of an ounce. They first announced they would create a new currency last November to “emancipate itself from the satanic global economic system.”
Read More @ TheDailySheeple.com
Ever since its arrival in the Middle East, ISIS has been busy turning their organization into a functional government that is not unlike the institutions they’re fighting. They’ve created bureaucracies, school curricula, environmental controls, ID cards, and have provided their own twisted brand of law and order. They’ve even managed to achieve some of the more traditional staples of a government, such as taxing, looting, conquering, and wholesale murder.
But now ISIS is planning to add to that list by issuing a new currency. Unlike its predecessors though, and pretty much every other currency on Earth, they claim that their new coinage will be made of precious metals, including gold, silver, and copper. Their gold Dinar will supposedly be valued at $139, which would make it 1/10 of an ounce. They first announced they would create a new currency last November to “emancipate itself from the satanic global economic system.”
Read More @ TheDailySheeple.com
Artist's Impression Of 'New' American History
Submitted by Tyler Durden on 06/25/2015 - 18:00 Presented with no comment...There's Something Wrong With The World Today (Hint: 1995)
Submitted by Tyler Durden on 06/25/2015 - 17:30 Trillions upon trillions in “stimulus” and the FOMC is left, pathetically, fighting for the distinction of “it’s not as bad as it looks.” That would seem to make this the most costly economic age ever conceived, with global implications that are just now starting to be felt as whatever faith was leftover from 2008, wrong or right, wears off all over the world. That is a highly combustible deficiency, since the longer the global economy remains disorientated the more likely it is to experience not just recession but, since this is all still so leveraged (even more poorly this time), something potentially worse.
from KingWorldNews:
I saw the quote above from BMO’s Jack Ablin yesterday after the market closed and decided that I wholeheartedly concur with his statement. For something that many investors believe has the potential to rattle the global financial system, the whole Greece ultimatum saga sure is taking its sweet time to play out.
That delay hopefully has given the world an opportunity to position itself accordingly for all possible contingencies and soften the impact of any adverse outcome, but it is still a very fluid situation. And Ablin is also correct that if any Greek default should happen, it’s probably better today instead of three years ago since the global economy at least appears to be on a little firmer ground now.
Jeffrey Saut continues @ KingWorldNews.com
I saw the quote above from BMO’s Jack Ablin yesterday after the market closed and decided that I wholeheartedly concur with his statement. For something that many investors believe has the potential to rattle the global financial system, the whole Greece ultimatum saga sure is taking its sweet time to play out.
That delay hopefully has given the world an opportunity to position itself accordingly for all possible contingencies and soften the impact of any adverse outcome, but it is still a very fluid situation. And Ablin is also correct that if any Greek default should happen, it’s probably better today instead of three years ago since the global economy at least appears to be on a little firmer ground now.
Jeffrey Saut continues @ KingWorldNews.com
Stocks Give Up "Greece Doesn't Matter" Gains; Oil Drops, VIX Pops
Submitted by Tyler Durden on 06/25/2015 - 16:05Is This The Chart That Scared Yellen Capital Out Of Biotechs?
Submitted by Tyler Durden on 06/25/2015 - 15:50 Nope - no bubble here at all...Was no accident...
by Christina Sarich, Natural Society:
Lamb that was part of a medical experiment has been sold in Paris. This alone is nothing to worry about – except that the lamb was genetically modified with jellyfish fluorescent genes, and it is illegal to sell GM food in France.
The National Research Institute says that the meat was sold to a slaughterhouse last year. According to a report from the French newspaper Le Parisien, the lamb named “Ruby” was part of a “Green Sheep” experiment born to a ‘glowing’ mother at France’s National Institute for Agricultural Research (INRA), where scientists used the lamb to study the impacts of various implants used in people with heart failure.
Read More @ NaturalSociety.com
Lamb that was part of a medical experiment has been sold in Paris. This alone is nothing to worry about – except that the lamb was genetically modified with jellyfish fluorescent genes, and it is illegal to sell GM food in France.
The National Research Institute says that the meat was sold to a slaughterhouse last year. According to a report from the French newspaper Le Parisien, the lamb named “Ruby” was part of a “Green Sheep” experiment born to a ‘glowing’ mother at France’s National Institute for Agricultural Research (INRA), where scientists used the lamb to study the impacts of various implants used in people with heart failure.
Read More @ NaturalSociety.com
EU's Tusk To Greece's Tsipras: "Game Over"
Submitted by Tyler Durden on 06/25/2015 - 15:49Greek Suicide Rate Surges 35% In 2 Years
Submitted by Tyler Durden on 06/25/2015 - 14:45 What hath Merkel wrought?Should have said...Your Not a Christian if your a Pedophile...
Let’s not forget the Marxist pope has plenty of armed guards.
from The Sleuth Journal:
Pope Francis spoke with a group of young people at a rally of thousands at the end of the first day of his trip to the Italian city of Turin.
Francis started by attacking the Right to Keep and Bear Arms as well as accusing the allies during World War Two of being complicit in the killing of Jews, Christians and homosexuals. Francis issued his toughest condemnation to date of the weapons industry, saying.
“If you trust only men you have lost,” he told the young people in a long, rambling talk about war, trust and politics after putting aside his prepared address. “It makes me think of … people, managers, businessmen who call themselves Christian and they manufacture weapons. That leads to a bit a distrust, doesn’t it?” he said to applause.
from The Sleuth Journal:
Pope Francis spoke with a group of young people at a rally of thousands at the end of the first day of his trip to the Italian city of Turin.
Francis started by attacking the Right to Keep and Bear Arms as well as accusing the allies during World War Two of being complicit in the killing of Jews, Christians and homosexuals. Francis issued his toughest condemnation to date of the weapons industry, saying.
“If you trust only men you have lost,” he told the young people in a long, rambling talk about war, trust and politics after putting aside his prepared address. “It makes me think of … people, managers, businessmen who call themselves Christian and they manufacture weapons. That leads to a bit a distrust, doesn’t it?” he said to applause.
He also criticized those who invest in weapons industries (gun owners), saying “duplicity is the currency of today … they say one thing and do another.”
Read More @ Thesleuthjournal.com
[Ed. Note: We are on the cusp of a revolution because despite this Dramatic footage of THOUSANDS of Californians peacefully waiting at the State Capital to OPPOSE SB 277, the snakes in state government will make it law any way. This is the ULTIMATE FORM OF TYRANNY.]
by Jennifer Medina, NY Times:
by Jennifer Medina, NY Times:
SACRAMENTO, Calif. — Robert F. Kennedy Jr. traveled through the state this spring, screening a documentary about the dangers of vaccinations for children. A Nation of Islam leader denounced requiring inoculations this month, comparing such a mandate to the Tuskegee syphilis experiments.
[Ed. Note: Here comes the emotional propaganda…]
Furious
at the emotional claims, advocates who want to make vaccines mandatory
for nearly all children responded with the plight of a 7-year-old boy
who has survived leukemia, and whose doctors say that he faces a
tremendous risk if not enough of his classmates are vaccinated.
Under a bill expected to be approved Thursday by state lawmakers,schoolchildren in California will be required to receive vaccinations
unless there is a medical reason not to do so. The bill would end
exemptions for personal or religious reasons, which parents who oppose
vaccinations routinely request. The legislation would make California
the largest state by far with such sweeping requirements for
vaccinations, joining West Virginia and Mississippi, which have had
similar laws for years.
Read More @ NYTimes.comfrom WhyGoldandSilver:
Why Do We Ignore The Obvious?
Submitted by Tyler Durden on 06/25/2015 - 20:30 Pointless wars costing millions of innocent lives, poisoned food, air and water, demolished resources, manipulated economies run by elitist bankers who nonchalantly lend money with conditions for “interest”, corporate profiteering at any cost to humanity, a medical system built on sickness instead of health, media mindmush poisoning children and adults alike, draconian clampdowns for any reason, and on and on. Why is this not obvious to people that something is seriously wrong, and clearly intended to be just the way it is? Do they really think it’s gonna iron itself out, especially with clearly psychopathic power mad corrupt maniacs in charge?/
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