from Washington’s Blog:
The Bank for International Settlements (BIS) acknowledges in its annual report
that the policy of cheap money has failed. All the trillions in
monetary stimulus have produced no growth in the real economy. Central
banks cannot salvage the economy. Governments — fiscal stimulus — must
now resolve the economic crisis. Political leadership is required.In November 2008, the Federal Reserve in the US began to purchase many billions in securities, to stabilize the markets after the collapse of Lehman Brothers. Later, the Fed bought also US Treasuries, and cut interest rates to a record low of zero to 0.25 percent. So, they set off a global devaluation race. As a result, between just January 1st and March 12th of 2015, one-fifth of all central banks lowered their key interest rates. China was last to join this currency war, but when they did, their easing of monetary policy helped spark a credit-driven bull market that now produces the biggest Chinese slump in 20 years.
Read More @ WashingtonsBlog.com
Rob Arnott:
“Commodities have crashed. Emerging-market bonds have cratered.
Emerging-market stocks have had a grinding 4 1/2-year bear market. TIPS
are down. High-yield bonds are down. So pretty much everything outside
of mainstream stocks is flat to down over the last 30 months.So when the talking heads on TV are talking about ‘New high, new high, new high. Isn’t this wonderful?,’ what they are talking about is the one and only market that is going up, which is mainstream stocks.
It’s plausible that the Fed decides, ‘No, we can’t afford to take the risk of raising rates. Let’s continue to extend and pretend. Let’s continue to keep rates artificially low and let’s add more fuel to the problems that we’ve already got with this mono-polar bull market — stocks-only bull market. Let’s try to keep that going.’ At some point the markets stop paying attention to the Fed, stop giving it credibility because of this silly game.”
Rob Arnott Audio Interview @ KingWorldNews.com
Reports Of Secret Drachma Plots Leave Tsipras Facing Fresh Crisis
Submitted by Tyler Durden on 07/26/2015 - 11:20 Now that Tsipras has succeeded in compelling Greek lawmakers to cede the country’s sovereignty to Brussels in exchange for the right to use the euro, tales of unrealized redenomination plots have come out of the woodwork. Just two days after FT reported that former Energy Minister Panayotis Lafazanis planned to seize the country's mint and currency reserves, Kathimerini reports that Yanis Varoufakis, on orders from Tsipras, developed a top-secret parallel banking system. Now, the opposition lawmakers who helped Tsipras pass the new bailout measures through parliament are demanding answers.
The Big, Bad Bear Case
Submitted by Tyler Durden on 07/26/2015 - 12:08 The purpose of this article is to outline, with facts, large global structural issues that everyone, bulls and bears alike, should be fully aware of. This article will focus on much larger structural issues that have been building for years and decades. And no this article is not so much about central banks, debt issues, Greece, China, deficits, etc. While all these are important as part of the overall picture, they are mere current symptoms of a much larger issue that is at the core of all that is already in play and will only deepen in our societies in the decades to come.IMHO...He is there to eat some of his favorite food...DOG...
Obama In Kenya: "Some Are Suggesting I Am Here To Look For My Birth Certificate"
Submitted by Tyler Durden on 07/26/2015 - 11:03 Obama came to Kenya, hung out with his extended family such as Malik Abon’go Obama, and moments ago departed for his next African tour destination, Ethiopia, but not before he cracked some birther "jokes" and spoke in Swahili and danced.
Greek Capital Controls To Remain For Months As Germany Pushes For Bail-In Of Large Greek Depositors
Submitted by Tyler Durden on 07/26/2015 - 10:24 With every passing day that Greece maintains its capital controls, the already dire funding situations is getting even worse, as Greek bank NPLs are rising with every day in which there is no normal flow of credit within the economy. This has led to a massive bank funding catch-22: the longer capital controls persist, the less confidence in local banks there is, the longer the bank run (capped by the ECB's weekly ELA allotment), the greater the ultimate bail out cost, and the greater the haircut of not only equity and debt stakeholders but also depositors.
Energy Companies Face "Come-To-Jesus" Point As Bankruptcies Loom
Submitted by Tyler Durden on 07/26/2015 - 09:29 "I don’t know if you’ll get the same slack in October as in April, absent a turnaround in the market price for oil. It’s going to be that ‘come-to-Jesus’ point in time where it’s about how much longer can they let it play. If the banks get too aggressive, they’re going to hurt the value for themselves and their ability to exit. So they’re playing a balancing act."
French Police Open Fire On Car Trying To Crash Tour de France Barricades
Submitted by Tyler Durden on 07/26/2015 - 08:43 In a surprising development ahead of today's final stage of the Tour de France, earlier today Paris police opened fire on a car that tried to crash a barricade set up on Place de la Concorde ahead of the final arrival of the Tour de France cycling race, France 24 reports citing a police official. Luc Poignant, a spokesman with the SGP police union, said officers were finishing setting up the barricades for the race when the car tried to crash through the barriers. Officers opened fire on the car, which ultimately drove away.
On July 25, The Common Sense Show published an article which
demonstrated how far the dissident roundup preparation plans have
advanced. However, as tyranny marches forward, there appears to be a
pushback which could result in a military coup in order to unseat the
traitor residing at 1600 Pennsylvania Avenue.Even local Officials Are Speaking Out Against the Tyranny of This Administration
In October of 2014, a county official in Missouri suggested that American troops should overthrow President Barack Obama.
Read More
from The Sleuth Journal:
“Everyone who lives in the city is going to die when the SHTF.”
Have you ever been on a preparedness website and read that? It makes my blood boil, and not just because it’s a negative and discouraging thing to say. I am also not convinced that it’s correct. Wherever you live, there are pros and cons, and your job as a prepper is to maximize the positive aspects of your location while taking steps to minimize the negative aspects.
This is especially true when it comes to the suburban prepper.
Although the mindset of those living in a rural community is, by necessity, more oriented toward self-reliance, living in the cities or suburbs is a fact of life for many. Those sites or commenters which blithely tell people to pack up and head for the country are completely unrealistic.
Read More @ Thesleuthjournal.com
“Everyone who lives in the city is going to die when the SHTF.”Have you ever been on a preparedness website and read that? It makes my blood boil, and not just because it’s a negative and discouraging thing to say. I am also not convinced that it’s correct. Wherever you live, there are pros and cons, and your job as a prepper is to maximize the positive aspects of your location while taking steps to minimize the negative aspects.
This is especially true when it comes to the suburban prepper.
Although the mindset of those living in a rural community is, by necessity, more oriented toward self-reliance, living in the cities or suburbs is a fact of life for many. Those sites or commenters which blithely tell people to pack up and head for the country are completely unrealistic.
Read More @ Thesleuthjournal.com
from Bill Still:
from Western Journalism:
The scandal surrounding emailgate — then-Secretary of State Hillary
Clinton’s use of a private email account managed on a personal server —
has just been escalated to a higher level that could prove extremely
damaging to Mrs. Clinton’s hopes for the White House.
The New York Times reports that the Justice Department has been asked to open “a criminal investigation into whether sensitive government information was mishandled in connection with the personal email account Hillary Rodham Clinton used as secretary of state, senior government officials said Thursday.”
Read More @ WesternJournalism.com
The scandal surrounding emailgate — then-Secretary of State Hillary
Clinton’s use of a private email account managed on a personal server —
has just been escalated to a higher level that could prove extremely
damaging to Mrs. Clinton’s hopes for the White House.The New York Times reports that the Justice Department has been asked to open “a criminal investigation into whether sensitive government information was mishandled in connection with the personal email account Hillary Rodham Clinton used as secretary of state, senior government officials said Thursday.”
Read More @ WesternJournalism.com
from Wolf Street:
It was the kind of day that shouldn’t have happened. Somebody dropped the ball at CNBC, or something.
Thursday evening, after three morose days in US stock markets, Amazon came out and said it made a profit! OK, a teeny-weeny profit of $92 million, a barely perceptible 0.4% of sales, a rounding error for other thriving companies’ with $23 billion at the top line. But for Amazon, the mere fact that there wasn’t a minus-sign in front of it, for once, was huge.
Its shares soared 22% after hours. The company’s valuation jumped by $40 billion. CNBC exploded with excitement. And Friday should have been a huge day for stocks.
Read More @ Wolfstreet.com
It was the kind of day that shouldn’t have happened. Somebody dropped the ball at CNBC, or something.Thursday evening, after three morose days in US stock markets, Amazon came out and said it made a profit! OK, a teeny-weeny profit of $92 million, a barely perceptible 0.4% of sales, a rounding error for other thriving companies’ with $23 billion at the top line. But for Amazon, the mere fact that there wasn’t a minus-sign in front of it, for once, was huge.
Its shares soared 22% after hours. The company’s valuation jumped by $40 billion. CNBC exploded with excitement. And Friday should have been a huge day for stocks.
Read More @ Wolfstreet.com
by Brandon Martinez, VeteransNewsNow:
Do you believe that governments occasionally conspire to undermine the
public good? Do you believe that governments manipulate people through
fear to achieve nefarious ends such as war and intervention abroad? Do
you believe that ‘elected’ officials serve rich and powerful special
interests rather than the majority population?
If you answered yes to any of the above, and you are a British citizen, then you could be the target of a new ‘counter-extremism’ initiative spearheaded by that country’s perverse Prime Minister David Cameron. As part of his Orwellian ‘counter-extremism’ effort, Cameron has instituted a number of truly despotic measures intent on stifling free speech and extirpating ‘heretical’ viewpoints about false flag terrorism and the undue influence of Zionists on Western foreign policy.
Read More @ VeteransNewsNow.com
Do you believe that governments occasionally conspire to undermine the
public good? Do you believe that governments manipulate people through
fear to achieve nefarious ends such as war and intervention abroad? Do
you believe that ‘elected’ officials serve rich and powerful special
interests rather than the majority population?If you answered yes to any of the above, and you are a British citizen, then you could be the target of a new ‘counter-extremism’ initiative spearheaded by that country’s perverse Prime Minister David Cameron. As part of his Orwellian ‘counter-extremism’ effort, Cameron has instituted a number of truly despotic measures intent on stifling free speech and extirpating ‘heretical’ viewpoints about false flag terrorism and the undue influence of Zionists on Western foreign policy.
Read More @ VeteransNewsNow.com
from shakaama:
by Mike Adams, Natural News:
When I first read the news about Planned Parenthood harvesting organs
from babies during abortions, I wasn’t surprised. As the editor of
Natural News, I’ve spent years documenting horrific crimes against
children and humanity carried out by various industries (vaccines,
pharmaceuticals, factory foods, etc.)… all of which profit from the
exploitation of children’s bodies.
The real surprise in hearing the news about Planned Parenthood selling off baby body parts for scientific research was not the realization that this activity is being conducted, but rather the realization that the political left in America is perfectly okay with this practice.
They defend it, they apologize for it and they pretend it isn’t happening. This is the pattern frequently witnessed across all abuses of children in which operators on the political left — which tend to include most vaccine pushers — live in a shocking state of denial about what’s really going on in their own country (and to their own children).
Read More @ NaturalNews.com
When I first read the news about Planned Parenthood harvesting organs
from babies during abortions, I wasn’t surprised. As the editor of
Natural News, I’ve spent years documenting horrific crimes against
children and humanity carried out by various industries (vaccines,
pharmaceuticals, factory foods, etc.)… all of which profit from the
exploitation of children’s bodies.The real surprise in hearing the news about Planned Parenthood selling off baby body parts for scientific research was not the realization that this activity is being conducted, but rather the realization that the political left in America is perfectly okay with this practice.
They defend it, they apologize for it and they pretend it isn’t happening. This is the pattern frequently witnessed across all abuses of children in which operators on the political left — which tend to include most vaccine pushers — live in a shocking state of denial about what’s really going on in their own country (and to their own children).
Read More @ NaturalNews.com
from Washington’s Blog:
Investigative journalist Robert Parry continues to report the use by the US vanguard of the MH-17 tragedy as a propaganda tool against Russia.
The US claims to be outraged by the shoot-down, but its purported indignation was easily debunked at the time of the event, when commentators reminded Washington (leaving out many other acts) that it shot down an obviously civilian plane on a commercial route, Iranian Air flight 655, killing the almost 300 civilians on board. “The commander of a nearby U.S. vessel, David Carlson, wrote in the U.S. Naval Proceedings that he ‘wondered aloud in disbelief’ as ‘The Vincennes [the US ship] announced her intentions’ to attack what was clearly a civilian aircraft.”
The commander of the ship that targeted the civilian vessel, rather than being punished, was given the Legion of Merit, and George Bush Sr. said of the event: “I will never apologize for the United States — I don’t care what the facts are…”
Read More @ WashingtonsBlog.com
Investigative journalist Robert Parry continues to report the use by the US vanguard of the MH-17 tragedy as a propaganda tool against Russia.The US claims to be outraged by the shoot-down, but its purported indignation was easily debunked at the time of the event, when commentators reminded Washington (leaving out many other acts) that it shot down an obviously civilian plane on a commercial route, Iranian Air flight 655, killing the almost 300 civilians on board. “The commander of a nearby U.S. vessel, David Carlson, wrote in the U.S. Naval Proceedings that he ‘wondered aloud in disbelief’ as ‘The Vincennes [the US ship] announced her intentions’ to attack what was clearly a civilian aircraft.”
The commander of the ship that targeted the civilian vessel, rather than being punished, was given the Legion of Merit, and George Bush Sr. said of the event: “I will never apologize for the United States — I don’t care what the facts are…”
Read More @ WashingtonsBlog.com
from Peter Schiff:
/
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_vp2-xvG3Gq3B0AUHX3cI1agoQZL_o2eiA9UxlNfFbcaFoySbg3woD_-UK5BOGnfqErrJQqJVIu6ZWlg4r9tzbEnKggbWvaYcU0Pw7qEesTYTAgrOFbAJGaIvi-a6uV8pb-QA=s0-d)
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_u8ttiapAEaMxmaKFk9N_zXwMgLvoLQou54K5asBxFXeWt_2ePlDr9Jln2sMz1r4z7MAGuhHznghALq1imV4moBf91rJg07s7JP1lmiJSXFa-QhbdCXRo9hly_18E7PYDIF7IFA=s0-d)
No comments:
Post a Comment