Why NATO Fears 'Grexit'

Submitted by Tyler Durden on 07/12/2015 - 22:35 As far as transatlantic security is concerned, the danger posed by the Grexit is not confined to the questions it raises over Greece's NATO membership, or the security ripple effects caused by the Greek economy's collapse. Grexit's danger lies in the fact that it serves as a symbol of the reversal of transatlantic institutions' fortunes in their attempts to build and maintain a hegemonic political, economic and military order in Europe.

Dow Futures 'Rally' 150 Points Off Opening Lows Into Positive Territory On Greek Makeshift "Deal" Chatter

Submitted by Tyler Durden on 07/12/2015 - 23:14 We have detailed just what a total farce of a day this has been in Brussels, but even more farcical is the reaction in equity markets in the last few minutes...

China Stocks Mixed After Regulators "Bust Illicit Stock Sellers" And Unhalt Over 400 Securities

Submitted by Tyler Durden on 07/12/2015 - 22:38 A modestly positive open in China quickly turned negative as regulators un-halted 408 more stocks, reducing the number suspended to just 36% of all stocks. Along with disappointing trade data (and expectations of "extreme pressure in the next 2-3 months") and regulators cracking down on investors with multiple illegally-obtained margin trading accounts, early strength has faded (for now). Unsurprisingly, the three regions with the most exposure to the crash in stocks are Shanghai, Shenzhen, and Guangdong and, as Bloomberg notes, Chinese police have found their scapegoat some trading companies may have manipulated stock futures (lower we assume, as manipulating a price higher appears to be policy). Stocks are mixed with high beta ChiNext and Shenzhen higher and Shanghai and the CSI-300 lower (the latter having gone nowhere for the last 2 days).
 

GMO's Montier Shifts To 50% Cash, Sees 3 "Hellish" Scenarios For Markets

Submitted by Tyler Durden on 07/12/2015 - 22:00 "This is definitely the most difficult time to be an asset allocator," warns GMO's James Montier, telling conference attendees in Munich that he hasn't been this risk-averse since 2008. Having warned six months ago that "stocks are hideously expensive...in a central bank sponsored bubble," Montier sees three different "hellish" scenarios and as CityWire reports, warns investors, "I think it's best to stand a bit and hold onto some dry powder," despite the groupthink idolatry being practiced around the world.

“Absolutely There is a SHORTAGE of Raw Material Silver” — Charles Savoie

by SGT, SGT Report.com:
While the US Mint cools down their now unplugged coin press machines for the next several weeks, Charles Savoie assures us that demand for PHYSICAL silver has clearly outstripped supply.
Let’s think about it for a minute… With record investor demand for silver coins from the US and Royal Canadian Mints, with India hoarding more than 30% of the world’s PHYSICAL silver this year, with a run on physical silver at the SGE, and with new off-the-charts record precious metals derivatives positions on the books at CITI and JPM, it’s clear that there IS a PHYSICAL silver shortage – and probably worldwide. Period.
And our friend Charles Savoie has just about had it with the mainstream mockingbird narrative that all is well behind the scenes. It is not. Charles sent us a great post from the blog at Perth Mint which we will post below, along with a few choice words of his own.
Charles writes:
Read More…

Are These FEMA Coffins On Truck On Florida Highway Days Before Jade Helm?

from Susan Duclos:

Obama’s New FDA Regulations are Four Times Longer than the Bible

by Jonathan Benson, Natural News:
The guidelines that dictate how the U.S. Food and Drug Administration (FDA) is to govern the safety and approval of medical devices, pharmaceutical drugs, food additives and more have changed considerably since Barack Obama assumed the office of U.S. president in 2009. The total number of words added to the Federal Register by the administration’s FDA is so high, in fact, that they now outnumber those of the Holy Bible by a factor of four.
Since taking office, the Obama regime’s FDA has issued 545 new final regulations with a sum total of 2,666 pages. The estimated total word count contained in these regulations clocks in at a staggering 2,666,000, according to data compiled by CNSNews.com. This is more than four times the number of words printed in the original Gutenberg Bible, which contains only 646,128 words.
From a page count perspective, the changes made to the FDA’s governing authority since Obama took office are more than double the number of pages found in the Holy Bible. Moreover, this represents only the number of pages included in final FDA rules, meaning there are many more pages and words included in proposed rules, notices, interim rules, corrections and drafts of final rules.
Read More @ NaturalNews.com

Immigration Policy Must Be Decentralized

Submitted by Tyler Durden on 07/12/2015 - 21:25 Last month, the United States Supreme Court declined to take up a case involving Arizona’s and Kansas’s attempts to require proof of citizenship to vote in federal elections. The refusal of the Supreme Court to hear the case yet again sends a message to state and local governments that the federal government shall continue to centrally direct election and immigration law. The net effect is an imposition of a migrant subsidy scheme across all states regardless of the local economic and demographic realities, while ignoring the fact that residents of certain states bear a greater tax burden in subsidizing migrants.

The Depressing Similarity Between The US and Iran

Submitted by Tyler Durden on 07/12/2015 - 20:50 The share of Americans living on more than $50-a-day dropped from 58% in 2001 to just 56% in Pew Research Center's latest report. The dubious disctinction of this depressing reality is 'exceptional' America is the only developed nation to see its standard of living drop... a narrative not even Greece suffered (but Iran did!!)

How Fascist Capitalism Functions: The Case Of Greece

Submitted by Tyler Durden on 07/12/2015 - 20:15 There is democratic capitalism, and there is fascist capitalism. What we have today is fascist capitalism; and the following will explain how it works, using as an example the case of Greece. Simply out - The whole system is a money-funnel, from the public, to the aristocracy.

Russia Readies Fuel Deliveries To Athens, Will Support Greek "Economic Revival"

Submitted by Tyler Durden on 07/12/2015 - 19:40 "Russia intends to support the revival of Greece's economy by broadening cooperation in the energy sector. Accordingly we are studying the possibility of organising direct deliveries of energy resources to Greece, starting shortly."

Precious Metals Prudence, We Are In Unprecedented Times — Andrew Schectman

from CrushTheStreet:

Drug Lord Who Worked with DEA Escapes Prison

“El Chapo” struck deal with US government and CIA to flood US with drugs
by Kurt Nimmo, Infowars:
Sinaloa Cartel drug lord Joaquin “El Chapo” Guzman escaped from the maximum security Altiplano prison in Mexico on Saturday. Guzman, who is considered “the world’s most powerful drug trafficker” by the US government and who is on the Forbes list of billionaires, worked closely with the Drug Enforcement Administration to eliminate his competitors.
Following the 2009 arrest Jesus Vicente Zambada-Niebla, the son of a Sinaloa leader Ismael “El Mayo” Zambada, it was discovered members of the notorious cartel met with DEA officials at least 50 times since 2000.
A report published in early 2014 by El Universal confirmed the arrangement, which included “an array of future benefits, including dropping charges pending against Sinaloa members” in exchange for information of rival drug cartels, according to the Latin Times.
Read More @ Infowars.com

Flock of Black Swans in the Air as Grexit Looms

from Paul Sandhu:

‘Thieves Emporium': Part 1 – A New Wilderness

by Max Hernandez, The Daily Bell:
We are, for the first time in the history of the human race, experiencing something new in the body politic. Until recently, coercive political organizations were limited in their ability to control their fellow human beings. They simply didn’t have the information, or the communications, or the reach to force everyone at every level of their society to bow to their will. With the exception of the printing press, the tools governments had during the American Revolution to control their populations were no different from those available to the Kings of Sumer or ancient Egypt.
Then, about 200 years ago, that started to change. Beginning with the telegraph and the railroad, science gave them new ways to enforce conformity. Now, with evolutions in the control of money, surveillance, communications and data management, their ability to construct the ultimate totalitarian state seems unstoppable.
Read More @ TheDailyBell.com

America - We Have A Problem

Submitted by Tyler Durden on 07/12/2015 - 17:35 If "everything is awesome'... and 70% of the US economy is personal consumption... and Q1 weakness was all weather and port related? Then why are these charts doing this...




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