Submitted by Tyler Durden on 06/25/2015 - 11:04
GERMANY'S MERKEL TOLD EU PARTY LEADERS THERE MUST BE DEAL ON GREECE BEFORE MARKETS OPEN ON MONDAY -PARTICIPANTS
Are we about to witness trillions of dollars of “paper wealth” vaporize into thin air? During the next financial crisis, a lot of “wealthy” investors are going to be in for a very rude awakening. The truth is that securities are only worth what someone else is willing to pay for them, and that is why liquidity is so important. Back on April 17th, I published an article entitled “The Global Liquidity Squeeze Has Begun“, but it didn’t get nearly as much attention as many of my other articles do. But now that the liquidity crisis is intensifying, hopefully people will start to grasp the implications of what is happening. The 76 trillion dollar global bond bubble is threatening to implode, and if it does, the amount of “paper wealth” that could potentially be lost during the months ahead is almost unimaginable.
Read More…
from The Sleuth Journal:
Throughout nature it is well known that species will experience
changes in its DNA and adaptations in its physical expression and
behavior solely for the purposes of surviving in its environment. There
are numerous examples in nature of species genetically and physically
adapting to its environment for survival reasons. So its not a
far-fetched suggestion that humanity itself may now be experiencing a
physiological mental and cerebral transformation which is changing its
behavioral pattern and environmental response to the phenomenon of
government. That’s right, as humans we have an obligation to think
critically and objectively when considering the plight of humanity as it
struggles in these modern days against the new world order and the
human control system. It is up to us to consider the objective
expression of this battle for freedom against the oppressive and
defective component of humanity known as government.
Read More @ Thesleuthjournal.com
Throughout nature it is well known that species will experience
changes in its DNA and adaptations in its physical expression and
behavior solely for the purposes of surviving in its environment. There
are numerous examples in nature of species genetically and physically
adapting to its environment for survival reasons. So its not a
far-fetched suggestion that humanity itself may now be experiencing a
physiological mental and cerebral transformation which is changing its
behavioral pattern and environmental response to the phenomenon of
government. That’s right, as humans we have an obligation to think
critically and objectively when considering the plight of humanity as it
struggles in these modern days against the new world order and the
human control system. It is up to us to consider the objective
expression of this battle for freedom against the oppressive and
defective component of humanity known as government.Read More @ Thesleuthjournal.com
"Most Liberal Supreme Court Since 1960s" Gives Obama Huge Victory With 6-3 Vote In Favor Of Obamacare
Submitted by Tyler Durden on 06/25/2015 - 10:20 The Supreme Court has ruled that people who bought healthcare coverage through federal exchanges as part of Obamacare can keep subsidies that effectively limit the amount low- and middle-income Americans pay for health insurance to 9.5% of their income or less.
CNBC Demystified
Submitted by Tyler Durden on 06/25/2015 - 10:46 "CNBC is an electronic shaman for investors... The situation resembles George Orwell’s Nineteen Eighty-Four, where the protagonist Winston Smith tuned out the massive telescreen on his apartment wall that issued endless streams of positive news."
Forget Grexit, "Madame Frexit" Says France Is Next: French Presidential Frontrunner Wants Out Of "Failed" Euro
Submitted by Tyler Durden on 06/25/2015 - 10:16 There has been some confusion why Germany and the Eurozone are so strict in negotiating with France and unwilling to concede even to the smallest of what they deem as outlandish Greek demands. The reason is not so much whether Spain or even Italy, both countries with soaring unemployment, a lost generation and a sweeping movement against "austerity", follow with comparable demands should Europe concede to Tsipras, but France, where the frontrunner for the next president, the National Front's Marine Le Pen, has just warned that not only is a Grexit inevitable, but that France would follow shortly.
Grexident Looming: Eurogroup Meeting Ends Prematurely With No Deal
Submitted by Tyler Durden on 06/25/2015 - 10:08 Following meetings with EU officials and then with IMF chief Christine Lagarde and ECB chief Mario Draghi on Wednesday evening, Greek PM Alexis Tsipras is back at it on Thursday, in a frantic attempt to salvage a deal with creditors. He'll need to win over EU finance chiefs (who are collectively losing their will to keep Greece in the currency bloc) and the IMF as the EU summit kicks off in Brussels.
US Services PMI Misses By Most On Record, Tumbles To Lowest Since January
Submitted by Tyler Durden on 06/25/2015 - 09:56 Missing by the most on record (as serial extrapolators expected a rise to 56.5), Markit US Services PMI (following weakness in the Manufacturing PMI) printed 54.8 - the lowest since the middle of weather carnage in January. As Markit notes, with the exceptions of the weather-related slowdown at the turn of the year and the 2013 government shutdown, June saw the weakest pace of economic growth since May 2013 as the Composite PMI slipped to 54.6 - its lowest since January 2015 (as employment tumbled and cost burdens surged the most since Oct 2013). As Markit conludes, hopes for a 3.00% growth are receding as "there has clearly been a loss of momentum in recent months."
Grexident Looms: Stocks Tumble After Eurogroup Meeting Suspended With "No Deal In Sight"
Submitted by Tyler Durden on 06/25/2015 - 09:43 Just when you think we have finally hit "peak farce" this happens:NO EUROGROUP AGREEMENT IN SIGHT ON GREECE: EU OFFICIAL
EUROGROUP HAS BEEN 'INDEFINITELY SUSPENDED:' EU OFFICIAL
EUROGROUP MAY RECONVENE ONCE GREECE PROPOSAL RECEIVED: OFFICIAL
These Three Events Will Shatter "Liquidity Illusion", Trigger Crisis, OECD Says
Submitted by Tyler Durden on 06/25/2015 - 09:31 “Any of these events would likely trigger asset price volatility [and] attempts by institutional investors to redeem illiquid corporate bonds in crisis circumstances would amplify volatility.”
Collapse, Part 4: Loss Of Faith In Public Institutions
Submitted by Tyler Durden on 06/25/2015 - 09:00
Though we may think of collapse in
terms of ATMs not working and rampaging mobs, collapse actually starts
with the intangible loss of faith in public institutions: elected officials, law enforcement, the justice system and the agencies of financial regulation (anti-trust, etc.). Unsurprisingly to those who discern the structural rot of the status quo, Americans No Longer Believe In Their Institutions:
The Sheeplez will do exactly the wrong thing at exactly the wrong time...every time...
Personal Spending Surges Most Since August 2009 As Savings Rate Tumbles
Submitted by Tyler Durden on 06/25/2015 - 08:38 After 6 straight months of decline in annual spending growth, May saw YoY spending pop 3.6% (the most since Dec 2014). After an unchanged April, May expectations for spending were a 0.7% jump but the data blew that away, printing a 0.9% MoM jump - the biggest since August 2009 and biggest beat since Jan 2013. Personal Income only grew at 0.5% (still the highest MoM jump since March 2014) driving the savings rate down to 5.1% - the lowest since December. Before Steve Liesman and his buddies get too excited - spending was driven mainly by a 4.72% surge in spending on Energy goods & services - not exactly what the discretionary buying consumer-oriented society that is required to keep the dream alive was looking for. Spending Ex-Energy is the lowest since March 2011. Finally we note non-durable spending topped durables and this exuberant GDP-boosting spendfest (un-save-fest) provides more ammo for an earlier Fed rate hike.
Bundesbank Slams ECB's "Bridge Financing" To Greece
Submitted by Tyler Durden on 06/25/2015 - 08:23 The Bundesbank's Jens Weidmann unleashed a litany of cticisim on the Eurosystem (read the ECB) when he said that Greek banks should not continue to buy the short-term debt of their government, which is then repoed back to the ECB in exchange for precious cash. "The Eurosystem must not provide bridge financing to Greece even in anticipation of later disbursements," said Weidmann, who also sits on the European Central Bank's Governing Council, which approves such funding to Greece. "When banks without access to the markets buy debt of a sovereign which is likewise locked out of the market, taking recourse to ELA raises serious monetary financing concerns," he said in a speech to be delivered at a conference in Frankfurt.
by Daisy Luther, The Organic Prepper:
Looking for a strategy to create your own pantry? There are a lot of
different philosophies out there, but I think it boils down to three
basic types of food supplies:
The Bunker Pantry
The Agrarian Pantry
The Bargain-Hunter’s Pantry
This doesn’t mean you are stuck with just one strategy, however. All of the types have positives and negatives. Learn about these food storage ideologies and then take the most applicable components for your situation. Combine them to create your own version of the Perfect Pantry. Use strategies from each type to create a stockpile that meets your family’s needs.
Read More @ TheOrganicPrepper.com
Looking for a strategy to create your own pantry? There are a lot of
different philosophies out there, but I think it boils down to three
basic types of food supplies:The Bunker Pantry
The Agrarian Pantry
The Bargain-Hunter’s Pantry
This doesn’t mean you are stuck with just one strategy, however. All of the types have positives and negatives. Learn about these food storage ideologies and then take the most applicable components for your situation. Combine them to create your own version of the Perfect Pantry. Use strategies from each type to create a stockpile that meets your family’s needs.
Read More @ TheOrganicPrepper.com
from Outsider Club:
Uranium prices and stocks continue to be depressed.
Yet the bullish short-term catalysts and news continue to mount, while the trajectory towards a global supply shortfall in 2-4 years remains unchanged.
This has created a situation where you can buy the best-in-breed stocks with leverage to the coming rise in uranium prices at an extreme discount.
I’ve covered this topic extensively for you this year. You can see that research here.
I’ve also harped on it in public appearances and recent interviews, as well as a 40-minute webcast you can view for free, here.
Read More @ OutsiderClub.com
Uranium prices and stocks continue to be depressed.Yet the bullish short-term catalysts and news continue to mount, while the trajectory towards a global supply shortfall in 2-4 years remains unchanged.
This has created a situation where you can buy the best-in-breed stocks with leverage to the coming rise in uranium prices at an extreme discount.
I’ve covered this topic extensively for you this year. You can see that research here.
I’ve also harped on it in public appearances and recent interviews, as well as a 40-minute webcast you can view for free, here.
Read More @ OutsiderClub.com
from TruthNeverTold:
from The Daily Coin:
I gave up on coincidences many years ago. I find it very interesting
timing that yesterday, June 23, the so-called “leadership” in Washington
DC decided it would be ok to give Obomba all the power he wants to pass
the fascist, tyrannical Trans Pacific Partnership. Today, June 24, we
find out the Pentagon–you know, the people that make millions of dollars
off having our children kill and be killed for their “war games”–has
changed the rules on how journalist are treated and giving the
themselves absolute authority over the people that are attempting to
cover their war crimes, I mean endless wars of aggression, sorry again,
the spreading of democracy and freedom. If a journalists doesn’t cover a
situation that pleases the killing machine in the Pentagon, the
journalist can be labeled as an “unprivileged belligerent”, whatever
that means, and they can be promptly murdered for not waving the flag
over the tortured, maimed bodies of the latest CIA created bogey-man.
Read More @ TheDailyCoin.org
I gave up on coincidences many years ago. I find it very interesting
timing that yesterday, June 23, the so-called “leadership” in Washington
DC decided it would be ok to give Obomba all the power he wants to pass
the fascist, tyrannical Trans Pacific Partnership. Today, June 24, we
find out the Pentagon–you know, the people that make millions of dollars
off having our children kill and be killed for their “war games”–has
changed the rules on how journalist are treated and giving the
themselves absolute authority over the people that are attempting to
cover their war crimes, I mean endless wars of aggression, sorry again,
the spreading of democracy and freedom. If a journalists doesn’t cover a
situation that pleases the killing machine in the Pentagon, the
journalist can be labeled as an “unprivileged belligerent”, whatever
that means, and they can be promptly murdered for not waving the flag
over the tortured, maimed bodies of the latest CIA created bogey-man.Read More @ TheDailyCoin.org
from samuel ezerzer:
A Nato E-3A, Airborne Early Warning & Control System (AWACS), arrives at Davis-Monthan Air Force Base where it will be stored at the 309th Aerospace Maintenance and Regeneration Group (AMARG), also known as ‘The Boneyard’.
A Nato E-3A, Airborne Early Warning & Control System (AWACS), arrives at Davis-Monthan Air Force Base where it will be stored at the 309th Aerospace Maintenance and Regeneration Group (AMARG), also known as ‘The Boneyard’.
from The Social Memo:
NBC News is reporting that white people are the “biggest terror threat
in the U.S.” citing a study. Oddly, despite the headline, “White
Americans Are Biggest Terror Threat in U.S.: Study,” in the text of
their quick article, NBC, does not actually say that white people are
the biggest terror threat.
Instead, NBC’s article reads, “The New America Foundation found that twice as many people have died in attacks by right-wing groups in America than by Muslim extremists since 9/11.”
According to the study, 26 people have died from “Deadly Jihadist Attacks” in the United States since September 11, while 48 have died from “Deadly Right Wing Attacks.”
Read More @ TheSocialMemo.org
NBC News is reporting that white people are the “biggest terror threat
in the U.S.” citing a study. Oddly, despite the headline, “White
Americans Are Biggest Terror Threat in U.S.: Study,” in the text of
their quick article, NBC, does not actually say that white people are
the biggest terror threat.Instead, NBC’s article reads, “The New America Foundation found that twice as many people have died in attacks by right-wing groups in America than by Muslim extremists since 9/11.”
According to the study, 26 people have died from “Deadly Jihadist Attacks” in the United States since September 11, while 48 have died from “Deadly Right Wing Attacks.”
Read More @ TheSocialMemo.org
from Wolf Street:
Today was one of those bad-hair days for the beleaguered,
no-renaissance manufacturing sector in the US. Bad-hair day because it
wasn’t terrible to where you wanted roll up into a fetal position and
hide under the table, but it wasn’t good either, just the kind of crummy
disappointment we’ve seen more or less for years.
And if we ever sit down and wonder why this economy “feels” so much worse than the overall economic numbers, lousy as they are, we need to look at some of this data on a per-capita basis. Because that’s what each individual really feels. If you have a bigger pie, but you slice it into more pieces, each piece might end up being smaller.
Read More @ Wolfstreet.com
Today was one of those bad-hair days for the beleaguered,
no-renaissance manufacturing sector in the US. Bad-hair day because it
wasn’t terrible to where you wanted roll up into a fetal position and
hide under the table, but it wasn’t good either, just the kind of crummy
disappointment we’ve seen more or less for years.And if we ever sit down and wonder why this economy “feels” so much worse than the overall economic numbers, lousy as they are, we need to look at some of this data on a per-capita basis. Because that’s what each individual really feels. If you have a bigger pie, but you slice it into more pieces, each piece might end up being smaller.
Read More @ Wolfstreet.com
from X22 Report:
[Ed. Note:
Seriously FoxNews…Jeb and Hillary are the “leading” candidates? Here’s
your two choices Amerika: you can either have another Bush or another
Clinton. Now stop worrying about it and go watch a sitcom]
from FoxNews:
There’s been a lineup change in the race for the GOP nomination, as
businessman Donald Trump moves up after declaring his candidacy. He’s
now second in the order after former Florida Gov. Jeb Bush, who also got
an uptick in support after his formal announcement.
For Democrats, former Secretary of State Hillary Clinton is still — by far — the team leader, according to a new Fox News national poll on the 2016 presidential election.
Bush tops the list of GOP contenders with 15 percent support among Republican primary voters. That’s up from 12 percent last month and his best showing yet. Support for Trump more than doubled since his announcement and that catapults him into the top tier at 11 percent. He’s followed by retired neurosurgeon Ben Carson at 10 percent. No one else receives double-digit backing.
Read More @ foxnews.com
from FoxNews:
There’s been a lineup change in the race for the GOP nomination, as
businessman Donald Trump moves up after declaring his candidacy. He’s
now second in the order after former Florida Gov. Jeb Bush, who also got
an uptick in support after his formal announcement.For Democrats, former Secretary of State Hillary Clinton is still — by far — the team leader, according to a new Fox News national poll on the 2016 presidential election.
Bush tops the list of GOP contenders with 15 percent support among Republican primary voters. That’s up from 12 percent last month and his best showing yet. Support for Trump more than doubled since his announcement and that catapults him into the top tier at 11 percent. He’s followed by retired neurosurgeon Ben Carson at 10 percent. No one else receives double-digit backing.
Read More @ foxnews.com
by Charles Babington, CNSnews:
In
a triumph of divided government, the Republican-controlled Congress
passed major trade legislation Wednesday that was long-sought by
President Barack Obama but vehemently opposed by most lawmakers in his
party.
The measure to strengthen Obama’s hand in global trade talks cleared the Senate on a vote of 60-38, and will go to the White House for his signature — less than two weeks after it was temporarily derailed in the House in an uprising of Democratic lawmakers who argued it would cost American jobs.
A companion bill, to renew an expiring program of federal aid for workers disadvantaged by imports, passed by voice vote less than an hour later. Final approval in the House is expected on Thursday.
The rapid sequence of events capped the end of a back-and-forth struggle that played out slowly over months, with Obama, Speaker John Boehner, R-Ohio, and Senate Majority Leader Mitch McConnell, R-Ky., on one side, and the union-backed Democratic leadership of the House and Senate on the other.
Read More @ CNSnews.com
In
a triumph of divided government, the Republican-controlled Congress
passed major trade legislation Wednesday that was long-sought by
President Barack Obama but vehemently opposed by most lawmakers in his
party.The measure to strengthen Obama’s hand in global trade talks cleared the Senate on a vote of 60-38, and will go to the White House for his signature — less than two weeks after it was temporarily derailed in the House in an uprising of Democratic lawmakers who argued it would cost American jobs.
A companion bill, to renew an expiring program of federal aid for workers disadvantaged by imports, passed by voice vote less than an hour later. Final approval in the House is expected on Thursday.
The rapid sequence of events capped the end of a back-and-forth struggle that played out slowly over months, with Obama, Speaker John Boehner, R-Ohio, and Senate Majority Leader Mitch McConnell, R-Ky., on one side, and the union-backed Democratic leadership of the House and Senate on the other.
Read More @ CNSnews.com
from KingWorldNews:
Last
night it became clear that the purported Greece can-kick that had
gotten everyone so excited on Monday was another air ball (to mix my
recreation metaphors). And so the financial soap opera continues. I have
made a point about not having an opinion about all of this because — as
I have noted many times — whatever compromise or can-kick that occurred
would come down to the last minute.
The Total Collapse Of The Greek Banking System And Complete Chaos
Thus, I have not had much of an opinion, nor have I had any interest in putting up any dollars to speculate on an outcome. Nonetheless, I have assumed that a compromise would get worked out, and that still seems like the highest probability event. Having said that, it is not impossible that complacency, haggling, and the inertia of bureaucracies, not to mention opposing opinions, prevents something from getting done and a default takes place, which would almost certainly guarantee a collapse of the Greek banking system and all sorts of chaos.
Bill Fleckenstein continues @ KingWorldNews.com
Last
night it became clear that the purported Greece can-kick that had
gotten everyone so excited on Monday was another air ball (to mix my
recreation metaphors). And so the financial soap opera continues. I have
made a point about not having an opinion about all of this because — as
I have noted many times — whatever compromise or can-kick that occurred
would come down to the last minute. The Total Collapse Of The Greek Banking System And Complete Chaos
Thus, I have not had much of an opinion, nor have I had any interest in putting up any dollars to speculate on an outcome. Nonetheless, I have assumed that a compromise would get worked out, and that still seems like the highest probability event. Having said that, it is not impossible that complacency, haggling, and the inertia of bureaucracies, not to mention opposing opinions, prevents something from getting done and a default takes place, which would almost certainly guarantee a collapse of the Greek banking system and all sorts of chaos.
Bill Fleckenstein continues @ KingWorldNews.com
by Adan Salazar, Infowars:
With racial tensions at an all time high, it’s curious the corporate
media has remained virtually silent on the death of an internet blogger
suspected of brutally attacking several Asian women in Manhattan over
the past month. The body of Tyrell Shaw, 25, the black man who ran a blog called “Mr. Talented,”
was found Monday, dead from an apparent suicide. Police suspect Shaw
was responsible for several recent attacks that targeted Asian women in
the area. On his blog, Shaw indicated he intended to wage a “civil war”
on Asian women after being rejected numerous times.
An apartment landlord said he found Shaw’s body at the bottom of an elevator shaft outfitted in what appeared to be a silver space suit.
According to police, Shaw launched his first “nose game” attack on June 10 when he followed a 35-year-old woman into Chinatown and asked her “Who is the president of the United States?”” When she didn’t respond, police said, he walked away, then returned with a white plastic bag containing a hard object and hit her in the face,” reports NBC New York.
Read More @ Infowars.com
With racial tensions at an all time high, it’s curious the corporate
media has remained virtually silent on the death of an internet blogger
suspected of brutally attacking several Asian women in Manhattan over
the past month. The body of Tyrell Shaw, 25, the black man who ran a blog called “Mr. Talented,”
was found Monday, dead from an apparent suicide. Police suspect Shaw
was responsible for several recent attacks that targeted Asian women in
the area. On his blog, Shaw indicated he intended to wage a “civil war”
on Asian women after being rejected numerous times. An apartment landlord said he found Shaw’s body at the bottom of an elevator shaft outfitted in what appeared to be a silver space suit.
According to police, Shaw launched his first “nose game” attack on June 10 when he followed a 35-year-old woman into Chinatown and asked her “Who is the president of the United States?”” When she didn’t respond, police said, he walked away, then returned with a white plastic bag containing a hard object and hit her in the face,” reports NBC New York.
Read More @ Infowars.com
by Mac Slavo, SHTFPlan:
They’ve been pushing for it for over 150 years and this year the
politically correct anti-Confederate flag movement may have finally
achieved its ultimate goal. Following a racially driven shooting spree
that left nine people dead at a church in Charleston, the governor of
South Carolina is pushing legislation to have the flag removed at any
government buildings where it currently flies. In Alabama, the governor
has ordered Confederate flag “paraphernalia” removed from
the Confederate Memorial Monument. We’re sure that the next crisis will
lead to the complete removal of any references to the South’s
involvement in the Civil War, including the removal of the very name of
the vehicle, The General Lee, named after the man who led the South’s
armies against the north.
No proposed names have yet been put forth, but some politically correct replacements may include:
They’ve been pushing for it for over 150 years and this year the
politically correct anti-Confederate flag movement may have finally
achieved its ultimate goal. Following a racially driven shooting spree
that left nine people dead at a church in Charleston, the governor of
South Carolina is pushing legislation to have the flag removed at any
government buildings where it currently flies. In Alabama, the governor
has ordered Confederate flag “paraphernalia” removed from
the Confederate Memorial Monument. We’re sure that the next crisis will
lead to the complete removal of any references to the South’s
involvement in the Civil War, including the removal of the very name of
the vehicle, The General Lee, named after the man who led the South’s
armies against the north.No proposed names have yet been put forth, but some politically correct replacements may include:
- The General Grant
- The General Sharpton
- The General Obama
- and, since the iconic car may now openly identify as being more feminine than masculine, The General Pelosi has kind of a ring to it.
/
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_ue9e-14V4zPeKxOhh6WfPVrJT2PHSuCTtnMZrfLNAUODrRVsvs9VsYv8Iy0k6xfkKTmgaFeZyFBybecAbmtrTPWTH51CNzLk_e5qx75S8zTUBvoQLbmBa87F2WDZMOIkXr0A=s0-d)
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_vTAkvvXrXgNz0DNrEGLXkh5M9BssLIReUNFEC59dwGRQVX--_tBv4i3PTRfybCnlJsg12jVlkgHhq4EOMu6hzt6lIdshAq4pP6HLrr3uAq-Qsv7d-dRC7hJkJi611_GElhSnhu=s0-d)
No comments:
Post a Comment