Wednesday, August 5, 2015

Six Warning Signs That The Economy Is In Trouble



The best time to prepare for trouble... is before trouble arrives.




ISM Services Spikes To 10 Year Highs Despite Markit "Hope" Plunge To 3-Year Lows

ISM Services soared to its highest sicne 2005 - printing 60.2, beating expectations by the most on record - with the biggest MoM jump in employment in history. Does that sound in any way realistic? Markit Services PMI printed above its preliminary level at 55.7 for a small bounce after 3 straight months lower. However, more problematic is the plunge in 'hope' as busines outlook tumbles to its lowest since June 2012. As Markeit notes, while the headline may be encouraging, "dig a little deeper and there are causes for concern which could worry policymakers into deferring any tightening of policy."





The Value Of An Average Employee: $22.5 Million At Facebook; $200,000 At McDonalds

Yesterday we showed a chart demonstrating that while the top 10 "Unicorn" startups have a private valuation of $156 billion on just $4 billion in revenue, what caught readers' attention is that the average employee among these 10 companies is worth a whopping $8 million.  But what about the "value" of employees at public companies, and especially at the blue chips, names such as MSFT, XOM, JPM, MCD and, the more recent trailblazers, AAPL and FB? The answer is shown below.

Obama Clean Energy Plan “SCAM” is for the Children

from AMTV:




Why Apple Is Falling Again: Bank of America Cuts AAPL From Buy To Neutral, Lowers Price Target

Curious why after its massive drubbing yesterday, which led to the second highest volume day for AAPL stock in 2015, the phone market is down another 1.3% this morning? The reason: Wall Street's momentum chasing penguins have re-emerged, and moments ago Bank of America, right on time as in just after the stock broke its 200 DMA and entered a correction, decided to downgrade AAPL from Buy to Neutral, lowering its price target from $142 to $130.



VIX Collapses To 2015 Lows

Seriously...VIX is trading with an 11 handle once again, at the lowest levels of 2015...

8 Examples of the DYING Global Economy

from TheMoneyGPS:



Will China Play The ‘Gold Card’?

by Hugo Salinas Price , Plata:

Alasdair Macleod has posted an article at www.goldmoney.com which I think is important.
(See “Credit deflation and gold”. www.goldmoney.com/research/analysis.)
The thrust of the article is that China, at some point, will have to revalue gold in China; which means, in other words, that China will decide to devalue the Yuan against gold.
Since “mainstream economics” holds that gold is no longer important in world business, such a measure might be regarded as just an idiosyncrasy of Chinese thinking, and not politically significant, as would be a devaluation against the dollar, which is a no-no amongst the Central Bank community of the world.
However, as I understand the measure, it would be indeed world-shaking.
Here’s how I see it:
Currently, the price of an ounce of gold in Shanghai is roughly 6.20 Yuan x $1084 Dollars = 6,721 Yuan.
Read More @ Plata.com.mx




Who Is Left To Speak The Truth (Or Why Government Hates Gold)

Simply put, Gold stymies "welfare statists," but back in 1966 no lesser credit-nation-creator than Alan Greenspan still belived in free markets and sound money. You can obstruct price discovery and you can disguise and distort the real value of things. But Mr. Market will get even someday. He always does.




First Ex-Im Casualty: Boeing Loses Deal Due To "Credit Woes"

Boeing, whose Chairman Jim McNerney says the demise of the Export Import bank amounts to "craziness", lost a contract worth several hundred million dollars last month, after the buyer backed out citing credit concers related to the expiration of the Depression-era institution's charter. Now, Boeing and GE alike are threatening to move American jobs overseas if Congress fails to renew the authorization for what some commentators call "a vast, well-funded network of consultants, lobbyists and big-government interest groups."  



US June Trade Deficit Surges 7% To $43.8 Billion As Strong Dollar Slams Exports, Imports Rise

Dear Fed: behold another example of why your ludicrous rate hike ideas will crush the economy. Moments ago the BEA reported that the June international trade deficit spiked by 7.1% from $40.9 billion in May (revised) to $43.8 billion in June, as exports decreased and imports increased.  The previously published May deficit was $41.9 billion. The goods deficit increased $2.9 billion from May to $63.5 billion in June. The services surplus decreased less than $0.1 billion from May to $19.7 billion in June.

The Rise and Fall of McDonald’s, a Fast Food Chain Whose Success Depends on People Not Knowing What’s in Their “Food”

by L.J. Devon, Natural News:
As the 21st century pushes on, McDonald’s continues to fall apart. The once happy McDonald’s brand has gone soggy and stale, like French fries left to rot in a hot van. Knowledgeable consumers are finding new reasons not to eat McDonald’s food as they wake up to what’s really in that “food.”
In the ’80s and ’90s, McDonald’s became more popular than ever, becoming the go-to fast food joint around the world. As more people flocked to the golden arches out of convenience, they started to lose sight of what they were really doing to their bodies. All for convenience, the population began to starve their own cells of nutrition and balanced meals.
During these golden years, fast food joints like McDonald’s relished in their success while blinding the population. At the turn of the century, however, everything began to change because information of food ingredients was beginning to be published. Information was becoming decentralized. As the internet became more available, so did independent media and truth seeking bloggers. The ingredients in fast and processed food were researched, published, discussed and made into film and books. Awareness of fast food and its harmful effects on the body was finally starting to go mainstream.
Read More @ NaturalNews.com




Carnage At The Happiest Place On Earth - Disney Down 8% Overnight

Disney is down over 8% from post-earnings highs for its biggest drop sicne at least Oct 2014 and back at 2-month lows... The Happiest Place On Earth... isn't...

Plunge Protection Team Now Working Overtime To Hold Off The Inevitable Collapse

from Kingworldnews:
It is said that one of the great traits of a successful investor is patience. But in these totally manipulated markets, the patience of those who are trying to protect themselves from the inevitable destruction of the present pure fiat currency system is being sorely tried. The relentless suppression of the gold and silver prices in the paper markets by the central banks and their bullion bank allies is being accompanied by a number of ridiculous articles in the mainstream media denigrating gold.
The most ludicrous one that I recently read cited two academics projecting the true value of gold as somewhere in the area of $350 an ounce. I have never been a great fan of academia when it comes to the subject of money and finance, but that article takes the cake for abject stupidity.
John Embry continues @ King World News




Stocks Soar As "Bad News Is Good News" Idiocy Continues

Jay Powell reminded investors that September is not guaranteed and a dismal ADP print confirmed that there's maybe enough bad news that we get one or two more months of ZIRP... so stocks surge on algo eagerness. Bonds are also rallying and the dollar fading...



ADP Employment Tumbles Near 2015 Lows, Below Lowest Estimate And Down 20% On The Year

Following June's small-business-driven better-than-expected rise in ADP employment, July printed a stunningly weak 185k against expectations of 215k - the biggest miss since March. This is around the lowest level of the year and lowest since Q1 2014. It is also 20% lower than the 232K ADP print a year ago, and the weakest July print since 2013: all signs screaming QE4 a rate hike is imminent.



Standard Chartered Profit Collapses, Dividend Halved Amid Commodities Carnage

Standard Chartered’s new CEO Bill Winters thinks the bank is positioned well in "markets which will offer outstanding opportunities for decades to come", and while that may be true, the opportunities in those markets didn’t prove to be all that outstanding in the first half of the year, as the bank’s EM and commodities exposure contributed to a 44% decline in H1 profits and prompted a 50% dividend cut.

Secret Service Agent at White House Admits to Protecting Criminals

from AdamKokesh:



How Americans Wish Obama An Unhappy Birthday

President wishes himself a happy birthday as he heads for the golf course
by Kit Daniels, Infowars:
Check out how Americans are wishing President Obama an unhappy birthday, especially in the aftermath of the Planned Parenthood scandal.
      Rāzərbak Nation @MediaJuggernaut No Surprise: Our Self-Absorbed Narcissistic President Wishes Himself A “Happy-Birthday”gayle ryan @gayle_ryan Wht kind of Prez is so Naristic tht he emails ppl 2 wish him a Happy Birthday? OBAMA! Dead babies don’t gt a Birthday!
      Suze @suze109 There’s a kind of poetic justice in the latest video being released on Obama’s birthday.
      (R)ight as Rain @rainat7 Obama Condemns ‘Body Parts Harvesting’ In Africa. Ignores baby body parts harvesting at . Happy Birthday Barry!
Read More @ Infowars.com


Why Puerto Rico has been Dubbed “Greece of the Caribbean”

from RTQuestionMore:



Pennsylvania to Become First State to Use “Precrime” Statistics in Criminal Sentencing

from Liberty Blitzkrieg:
Criminal sentencing has long been based on the present crime and, sometimes, the defendant’s past criminal record. In Pennsylvania, judges could soon consider a new dimension: the future. Pennsylvania is on the verge of becoming one of the first states in the country to base criminal sentences not only on what crimes people have been convicted of, but also on whether they are deemed likely to commit additional crimes. As early as next year, judges there could receive statistically derived tools known as risk assessments to help them decide how much prison time — if any — to assign.
– From the Five Thirty Eight article: Should Prison Sentences Be Based On Crimes That Haven’t Been Committed Yet?
As technology generally continues to advance, one thing you can be sure of is the criminal justice system’s use of innovative new “tools” will grow exponentially. This can be a good thing, but it can also be a very dangerous thing. Pennsylvania’s new law that permits the use of data showing whether people are “deemed likely to commit additional crimes” in criminal sentencing, is a perfect example of how an over reliance on technology can be a threat to liberty and due process.
Read More @ LibertyBlitzkrieg.com

Scandinavian Bubbles in Overdrive

by Pater Tenebrarum, Acting-Man.com:
Regulators are “Worried”- but it is way too Late
We have discussed the immense credit bubbles in Scandinavian countries in these pages several times in recent years. As it turns out, they have now become even bigger. The euro area debt crisis has had a number of side effects. One of them is that not only Switzerland, but also other countries in Europe outside of the euro zone have tried their best to keep their currencies from appreciating. This is based on the erroneous mercantilist notion that having a strong currency is somehow “bad”.
In Denmark the central bank’s benchmark lending rate has been stuck at minus 0.75 percent since February. Denmark’s households are incidentally the most leveraged in the world, with household debt amounting to over 530 percent of the country’s economic output.
Read More @ Acting-Man.com


UN’s Multicultural Agenda Flooding Germany With Muslim Migrants

by Kurt Nimmo, Infowars:
In 2012 Peter Sutherland, the non-executive chairman of Goldman Sachs International and the UN’s special representative for migration, urged the EU to “do its best to undermine” the “homogeneity” of its member states and create “multicultural states” in Europe. On Saturday the German daily Die Welt reported this process is well underway. It cited a telephone conference between the interior ministers of German states that revealed “302,415 asylum seekers have already been registered” this year in the country.
The figure is higher than the one reported by the Federal Office for Migrants and Refugees (BAMF) which recorded 258,000 current requests for asylum.
The Der Tagesspiegel newspaper, however, said the unofficial “internal numbers” at the BAMF suggest as many as 600,000 asylum applicants in 2015.
Read More @ Infowars.com

Comparing the Cost of Living between 1975 and 2015

You are being lied and fooled when it comes to inflation data and the cost of living
from MyBudget360.com:
Inflation is widely misunderstood by the public. Even economists tend to have a hard time coming to a general agreement to the true definition of inflation.  When you ask the person on the street what inflation is they usually respond by saying the “price of things going up” which is more of a consequence of inflation, rather than the cause.  Inflation is like a new car that lacks maintenance. At first, there is little notice of the issue but overtime major problems start occurring and eventually the car breaks down.  If you want to see inflation out of control just look at Venezuela right now where people are swarming stores for basic food items.  In the US inflation has occurred primarily because of the Federal Reserve’s banking policy.  Too much cash (or debt in this case) chasing the same amount of goods.  Only when we look at longer periods of time do we see the insidious nature of inflation.  Yet somehow, the data used to measure inflation misses much of what is happening because it uses derivative like measures.  For example, we use the owners’ equivalent of rent (OER) instead of the true monthly cost of owning a home.  Let us take a look at some data between 1975 and 2015.
Read More @ MyBudget360.com


The ONLY HONEST Politician in my lifetime...

Escalation in Syria: Obama to Airstrike Assad?

by RonPaul2008dotcom:



Gold, Golf, & Silver are Similar

by Gary Christenson, Gold Silver Worlds:
GOLD: The precious metal that is globally recognized as real money, a store of value, beautiful, and as lasting savings.
GOLF: The compelling game that is played globally, inspires millions, and encourages physical activity on beautiful and challenging courses.
SILVER: The precious metal that has thousands of industrial uses, is beautiful, and is recognized globally as money and as a store of value.
SIMILARITIES
ENDURING: A gold coin will endure for thousands of years, will not rust or decay, and will retain its value. Golf is challenging, universal, and enduring.
TROUBLE HAPPENS: High-Frequency-Traders regularly smash the price of paper gold, governments confiscate gold, and laws can declare gold illegal, but gold persists and will outlast the HFTers and governments. Golf balls fly into lakes, drop behind trees, roll into drainage ditches, bounce out-of-bounds, and often disappear. But golfers persist, take penalties, hit out of trouble, and come back for more.
Read More @ GoldSilverWorlds.com

U.S. Agrees To Act As Terrorist Bodyguard; Open To Attacking Assad Forces

by Brandon Turbeville, Activist Post:
Fresh on the heels of the establishment of an “ISIL-Free Zone” (aka “No-Fly Zone”) in northern Syria along the Turkish border, the United States has quietly announced that it will also extend its airstrike operations to act as the traveling bodyguard of the jihadists it has trained and “vetted.”
The policy, reportedly authorized by Barack Obama, would involve the US Air Force bombing any force attacking the so-called “moderate rebel fighters,”including the Syrian military.
The announcement was first reported on Sunday by the Wall Street Journal via anonymous military sources. The senior military official told the WSJ “For offensive operations, it’s ISIS only. But if attacked, we’ll defend them against anyone who’s attacking them. We’re not looking to engage the regime, but we’ve made a commitment to help defend these people.”
Read More @ ActivistPost.com

Greek Vote? Drachma or Euro?

from Bill Still:



Gold: Use the Cockroach Strategy

by Gary Christenson, Deviant Investor:
Gold:  the monetary metal that central bankers, politicians, and Too-Big-To-Fail bankers publicly hate.
The Cockroach Strategy:  A cynical but depressingly accurate view of politics that can assist your investment decisions.  It assumes the following:
  1. Cockroaches scatter in the light.
  2. Politicians backpedal and lie when confronted with the truth about their actions, payoffs, deals, and loyalties. Like cockroaches, politicians run from the light of truth and facts,
  3. Cockroaches are a successful species and have survived for many millions of years.
  4. Politicians are a successful group, have been part of the human condition for a very long time, and are paid well for their “services.”
  5. There is never just one cockroach, they are everywhere, and more are hiding.
Read More @ deviantinvestor.com

Harry Reid: Effort to Defund Planned Parenthood Shows GOP Has ‘Lost Its Moral Compass’

by Susan Jones, CNSnews:
“The Planned Parenthood bill isn’t going anywhere in the Senate,” Minority Leader Harry Reid (D-Nev.) said on Monday, shortly before an attempt to defund the organization fell seven votes short of advancing. “Senate Republicans are not being fair to American women,” Reid said in a floor speech.

“It’s our responsibility in the Senate to assure that American women have access to care.  It’s our obligation to protect our wives, our sisters, our daughters, our granddaughters — protect them from the absurd policies of a Republican Party that’s lost its moral compass.”
On Tuesday, a pro-life group released yet another undercover video, showing Planned Parenthood’s director of research discussing the transfer of “intact fetal cadavers” to people posing as buyers. The research director says intact fetal cadavers are part of the budget — “just a matter of line items.”
Read More @ CNSnews.com

Obama Speaks Out Against Organ Harvesting… of African Albinos

President praises Planned Parenthood while decrying “foolish” organ harvesting in Africa
by Mikael Thalen, InfoWars:
President Obama decried the practice of organ harvesting Monday while speaking at the Young African Leaders Initiative summit in Washington D.C.
During the summit’s question and answer segment, a young Kenyan woman asked President Obama to address the epidemic of ritualistic albino organ harvesting.
“Persons with albinism in Africa are being killed and their body parts harvested for ritual purposes,” the woman said. “My request to you is to raise this issue with heads of state of African countries to bring these atrocities to an end.”
Read More @ InfoWars.com

Rapidly Mounting Evidence of the Inevitable Precious Metals Shortage

by Andrew Hoffman, Miles Franklin:
Five years ago this week, a cave-in trapped 33 miners in the 120-year-old San José copper and gold mine in Copiapó, Chile; where they were trapped 2,300 feet below the surface, 16,000 feet from the mine’s entrance, for an incredible 69 days – before being rescued by when a makeshift mine shaft was drilled, and a temporary “elevator” installed. Below is a picture I took with the elevator’s one-man “car” at the PDAC mining conference in March 2011, when I worked as an investor relations consultant to mining companies, with the good people of Torrey Hills Capital. Notice the happy, confident smile on my face – as the photo was taken a month before silver reached $50/oz, coincident with the TSX-Venture (a/k/a Vancouver) stock exchange’s secondary peak at roughly 2,400. FYI, its primary peak, at roughly 3,300, occurred four years earlier, in March 2007.
Less than two months later after this photo was taken, nearly every bullion dealer sold out of silver, causing the Cartel to execute the heinous “Sunday Night Paper Silver Massacre” on a thinly traded Sunday night, in which China was closed for a holiday.  Which, by the way, looked eerily like last month’s “Sunday Night Paper Massacre II” – only this time, the Cartel’s primary target was gold.  Today, the TSX-Venture sits at an all-time low of 593 – having just breached 2008’s spike bottom low of roughly 600 – and the only reasons it is not significantly lower are 1) dozens of miners have since gone bankrupt, causing their stocks to be delisted; and 2) the “new” TSX-Venture houses a significant amount of non-mining stocks – which, by the way, have been artificially “goosed” by historic Central bank easing and PPT support, both overt and covert.  Frankly, on an “apples-to-apples” basis with the TSX-Venture’s 2008 composition, I’d guess it’s trading closer to 200 than 593, down roughly 95% from its 2007 high.
Read More @ MilesFranklin.com

China is Spending 11.6 Million Annual Incomes Per Day Propping Up Stocks

by Graham Summers, Gold Seek:
For years now China has been heralded as an economic miracle that will drive the global economy towards growth and eventually eclipse the US as THE superpower in the world.
This theme was driven by the view that somehow China had obtained the magic balance between free-market capitalism and Central Planning. Globally analysts breathlessly talked about China’s insatiable demand for commodities as its economy grew by double digits for three decades straight.
Unfortunately all of this overlooked basic common sense… that China was actually just one giant debt-fueled fraud in which the politically connected got rich skimming off the top of an endless sea of loose money funneled into dodgy investments and projects.
Read More @ GoldSeek.com

WW3 WATCH: 1800 NATO Troops Prep for War in Ukraine

from NextNewsNetwork:


 
UKRAINE | About a half a day’s march from Moscow, in eastern Ukraine 18 nations amassed 1800 troops for a show of military power.


filed under (unt

Hillary Clinton Emerges as Abortion Denier

by J. D. Heyes, Natural News:
Planned Parenthood is a noble organization and is the only organization capable of providing professional, quality health services to women, and anything else the organization is accused of doing is mean-spirited, false and political in nature.
At least, that is the message of the latest #abortiondenier – Democratic presidential contender Hillary Clinton, who joins a host of others on the progressive Left in an attack on anyone who is opposed to Planned Parenthood’s ghoulish – and illegal – harvesting of aborted baby body parts, including the sale of entire intact fetuses, as we reported Aug. 3.
As reported by the Washington Free Beacon:
Read More @ NaturalNews.com

The Jonathan Pollard TRAITOR Release

by David Stockman via Contra Corner blog, via BATR:
The history of the Jonathan Pollard spy case usually breaks down to the views of the person doing the analysis. If one holds favorable sentiments for Israel, sympathy towards Pollard usually surfaces. Contrary if one maintains an abiding loyalty towards the United States, the facts of the spying and treasonous betrayal are overwhelming. In the end, the final assessment proves that the notion of being a “Duel Loyalist” is preposterous. It is absurd that an authentic American can be a Zionist and provide actual national security secrets to an Israeli government that regularly operates in the most fundamental ways against our own country.
Spying against a “so called” ally is routinely conducted. The ultimate standard is whether your loyalty applies to America or is Israel the primacy for your fidelity. The deposition on Pollard’s high treason is clear. The Jonathan Pollard Spy Case: The CIA’s 1987 Damage Assessment Declassified by Jeffrey T. Richelson is a useful primer on the facts and harm caused by this Zionist undercover agent.
Read More



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