from Bill Still:
President Obama Explains How His "Clean Power Plan" Does Not Make Him "Nation's Greatest Destroyer" - Live Feed
Submitted by Tyler Durden on 08/03/2015 - 14:11 Ironically on the day when another coal company collapses into bankruptcy, President Obama begins the pitch for his "Clean Power Plan" which Murray Energy CEO Robert Murray described as "biazrre", blames for the collapse in the coal industry, and has now filed five federal lawsuits against the president who Murray believes is "the nation's greatest destroyer."
by Dave Hodges, The Common Sense Show:
We are living in a time of unprecedented craziness and
life-threatening danger. Jade Helm Special Operations forces are
practicing to extract political dissidents under the unconstitutional
authority of the NDAA. Further, Jade Helm conventional military units
are “practicing to put several communities under martial law. In
addition, America is witnessing unprecedented troop and military
equipment movements throughout the country.
Despite these serious nature of these events, there is a more insidious and dangerous threat that looms over the American people.
Read More
We are living in a time of unprecedented craziness and
life-threatening danger. Jade Helm Special Operations forces are
practicing to extract political dissidents under the unconstitutional
authority of the NDAA. Further, Jade Helm conventional military units
are “practicing to put several communities under martial law. In
addition, America is witnessing unprecedented troop and military
equipment movements throughout the country.Despite these serious nature of these events, there is a more insidious and dangerous threat that looms over the American people.
Read More
"It May Come To A Military Coup": Ukraine's "Nazis" Threaten To Overthrow Government
Submitted by Tyler Durden on 08/03/2015 - 13:56 "Having lived in [western] Europe, I realise that they often confuse Nazism with nationalism, which for us Ukrainians is more akin to patriotism. It’s not about considering your own ethnic group as superior, but being proud of it, and of defending your country."
by Andrew Hoffman, Miles Franklin:
This weekend, I hosted a barbecue for two of the best guys in our business; Mike Krieger of Liberty Blitzkrieg and Daniel Ameduri of Future Money Trends.
Like myself, Mike is a New Yorker and former Wall Street Energy analyst
(he at Lehman Brothers, I at Salomon Smith Barney) who left the den of
thieves to move to Colorado and join the “alternative media,” where he
discusses a variety of topics from finance to civil rights to healthy
living. As for Daniel, he was the face of the spectacular videos
produced by the National Inflation Association in the early 2010s.
However, when the site’s owners “went rogue” by shunning its raison d’etre
of educating of the dangers of hyperinflation, Daniel created his own
investor relations business, boasting some of the mining industry’s most
well respected names as clients. Given how antagonistic the vast
majority of Americans are to the concept of Precious Metals – or better
put, ignorant, complacent, and clueless – it was a breath of fresh air
to have them and their lovely families at my home; just as it is working
each day at Miles Franklin, and communicating with the world’s
“precious few” economic truth seekers.
During the evening, I was told that what separates my blog from others is the simple fact that I “tell it like it is”; clearly, with no agenda other than the dissemination of economic and financial truth. Yes, I of course sell Precious Metals for a living, but I was writing the same things long before joining Miles Franklin – in fact, as far back as 2005, when I first starting writing free missives for GATA. And given that I – and all of Miles Franklin’s principals – “practice what I preach,” in not only holding a significant portion of my net worth in physical gold and silver, but storing a significant amount at our Brink’s vault in Montreal, one would have to have a propagandistic agenda of their own to claim that I, Andy Schectman, or David Schectman have a material “conflict of interest.”
Read More @ MilesFranklin.com
This weekend, I hosted a barbecue for two of the best guys in our business; Mike Krieger of Liberty Blitzkrieg and Daniel Ameduri of Future Money Trends.
Like myself, Mike is a New Yorker and former Wall Street Energy analyst
(he at Lehman Brothers, I at Salomon Smith Barney) who left the den of
thieves to move to Colorado and join the “alternative media,” where he
discusses a variety of topics from finance to civil rights to healthy
living. As for Daniel, he was the face of the spectacular videos
produced by the National Inflation Association in the early 2010s.
However, when the site’s owners “went rogue” by shunning its raison d’etre
of educating of the dangers of hyperinflation, Daniel created his own
investor relations business, boasting some of the mining industry’s most
well respected names as clients. Given how antagonistic the vast
majority of Americans are to the concept of Precious Metals – or better
put, ignorant, complacent, and clueless – it was a breath of fresh air
to have them and their lovely families at my home; just as it is working
each day at Miles Franklin, and communicating with the world’s
“precious few” economic truth seekers.During the evening, I was told that what separates my blog from others is the simple fact that I “tell it like it is”; clearly, with no agenda other than the dissemination of economic and financial truth. Yes, I of course sell Precious Metals for a living, but I was writing the same things long before joining Miles Franklin – in fact, as far back as 2005, when I first starting writing free missives for GATA. And given that I – and all of Miles Franklin’s principals – “practice what I preach,” in not only holding a significant portion of my net worth in physical gold and silver, but storing a significant amount at our Brink’s vault in Montreal, one would have to have a propagandistic agenda of their own to claim that I, Andy Schectman, or David Schectman have a material “conflict of interest.”
Read More @ MilesFranklin.com
Comex On The Edge? Paper Gold "Dilution" Hits A Record 124 For Every Ounce Of Physical
Submitted by Tyler Durden on 08/03/2015 - 14:27 Something surprising happened on Friday afternoon: in the latest daily COMEX update 25,386 ounces of Registered gold had been "adjusted" out of registered and into eligible. This reduction in deliverable Comex gold pushed the amount of registered Comex gold to an all time low: at 351,519 ounces registered Comex gold has never been lower! It also means that as of Friday's close there was a whopping 123.8 ounces in potential paper claims to every ounces of physical gold.
Where Candidates Fear To Tread - Pervasive Racketeering Is Destroying America
Submitted by Tyler Durden on 08/03/2015 - 13:35 In this moment of history there is an astounding lack of seriousness among people who pretend to be political heavyweights. No one so far has nailed a proper bill of grievances to the White House gate. A broad roster of dire issues facing this society ought to be self-evident. But since they are absent so far in the public discussion, here is our list of matters that serious candidates should dare to talk about (all things that a sitting president could take action on)...
S&P Dares To Go There: Downgrades European Union To Negative Outlook
Submitted by Tyler Durden on 08/03/2015 - 13:15 Just a few short years after they dared to downgrade the US, S&P has unleashed their worst on Europe:*EUROPEAN UNION OUTLOOK REVISED TO NEGATIVE FROM STABLE BY S&P
We are sure this will be met by S&P office raids throughout Europe, litigation over somethhing or other, and denials broadly from any and every unelected member of EU's elite... because "when it's serious you have to lie."
VIX ETF Surges Off Record Low Crushing Contango Cruisers
Submitted by Tyler Durden on 08/03/2015 - 13:09 Following our discussion of perhaps the most successful (and/or most risky) trades of the last decade - that of shorting the front-month VIX - we were less than surprised that VXX -the VIX ETF has collapsed to new record-lows this morning. A snap higher in VIX has been met by an avalanche of vol selling and, as we discuss below, the accelerating contango as expirations loom has encouraged yet more to take on unlimited risk positions to pick up pennies in front of the steamroller. All the time "The Fed has your back," it appears traders believe the steamroller driver has his foot on the brake... As if on cue - VIX has spiked and VXX surged.
"No Brainer" AAPL Enters Correction, Down 12% From Recent Highs To 6-Month Lows
Submitted by Tyler Durden on 08/03/2015 - 13:00 Having broken its 200DMA earlier this morning, selling pressure has continued in the "as goes AAPL, so goes the US economy market" stock. Now down almost 12% from earnings exuberance, AAPL is in correction territory and is trading at six-month lows...
Jimmy Carter Rages At What The U.S. Has Become: "Just An Oligarchy With Unlimited Political Bribery"
Submitted by Tyler Durden on 08/03/2015 - 12:41 "It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. And the same thing applies to governors and U.S. senators and congress members. So now we’ve just seen a complete subversion of our political system as a payoff to major contributors, who want and expect and sometimes get favors for themselves after the election’s over."
30Y Treasury Yield Plunges To 3-Month Lows As S&P Breaks Key Technical Support
Submitted by Tyler Durden on 08/03/2015 - 12:40 The carnage is contagious. The S&P 500 just broke down below its 50- and 100-day moving averages unable to hold the ubiquitous pre-EU-close ramp highs. Treasury yields have plunged since the weak spending and ISM data with the 5Y breaking below its 200-day moving average and 30Y yields testing 3-month lows...The Best And Worst Performing Assets In July And 2015 YTD
Submitted by Tyler Durden on 08/03/2015 - 12:34
Social Media Facade Falters - Twitter Crashes 28% From Post-Earnings Exuberance
Submitted by Tyler Durden on 08/03/2015 - 12:24 The cracks in the facade are starting to show... as we warned yesterday, it is different this time...
Brent Crude Tumbles Below $50 For First Time Since Jan
Submitted by Tyler Durden on 08/03/2015 - 12:18 Unequivocally good for someone, somewhere surely... Following WTI's drop to a $45 handle, Brent just broke below $50 (to $49.80 lows) for the first time since January...
Amid Escalating Violence In Turkey, Erdogan Says Putin Ready To "Give Up On Assad"
Submitted by Tyler Durden on 08/03/2015 - 12:06 As opposition lawmakers accuse Tayyip Erdogan of blocking efforts to form a coalition government, Ankara says the PKK orchestrated a suicide attack that killed three Turkish soldiers. Meanwhile, Erdogan says Vladimir Putin is ready to "give up on" Bashar al-Assad in Syria.
Rent Bubble = Housing Bubble = Rent Bubble
Submitted by Tyler Durden on 08/03/2015 - 11:42 Both bubbles (rents and housing) are vulnerable to popping. The real test of valuation is: what's it worth in a recession, after all the easy money and the jobs that depended on easy money have vanished?
AAPL Stock Tests Key Technical Level For First Time Since 2013
Submitted by Tyler Durden on 08/03/2015 - 11:30 But, but, but the iWatch and Apple TV is coming soon!!
from The Wealth Watchman:
In fact, it’s safe to say that the boys running that con are putting in long, sleepless nights, trying to figure out ways to stretch this thing out just a wee bit longer. One look at this from Nick Laird, and you’ll instantly see why!
Read More…
Banks Fork Over Enormous Piles of Metal to Stackers
For those who thought June’s stacking strength was merely a fluke,
well, let’s just say that July has put all those doubts to rest. The
record amount of metal tucked away by stackers and big money in July is
the absolute strongest seen in years. Everywhere you look around the
world, in every precious metals commentary, you’ll see the words
“record” or “unprecedented”…and it is putting enormous pressure on the
crooked, fractional-reserve gold “exchanges”, like our good pals at the
Comex!In fact, it’s safe to say that the boys running that con are putting in long, sleepless nights, trying to figure out ways to stretch this thing out just a wee bit longer. One look at this from Nick Laird, and you’ll instantly see why!
Read More…
For an individual to fix Libor is a crime. For a central bank to
suppress European bond yields is an act of financial statesmanship. –
Jim Grant ca•pit•u•la•tion
kəˌpiCHəˈlāSH(ə)n/
noun
1. the action of surrendering or ceasing to resist an opponent or demand.”the victor sees it as a sign of capitulation
Financially speaking…
“When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into less risky investments. True capitulation involves extremely high volume and sharp declines. It usually is indicated by panic selling.”
Continue reading Silver – Are We There Yet?
by Mac Slavo, SHTFPlan:
The potential threat of an electromagnetic pulse (EMP) has officially captured the attention of politicians in Washington, who are using it as an issue to drive debate about possible military threats and infrastructure overhauls.
The catastrophe that could come from an EMP would be overwhelming and devastating to the infrastructure that hundreds of millions depend upon, yet Homeland Security has done absolutely nothing to harden the grid or take basic precautions since it was warned in a 2008 report. According to the Washington Free Beacon:
The Department of Homeland Security has failed to address a single recommendation from a 2008 Critical National Infrastructures report to assess the threat of electromagnetic pulse (EMP) attacks and solar storms…
Read More
The potential threat of an electromagnetic pulse (EMP) has officially captured the attention of politicians in Washington, who are using it as an issue to drive debate about possible military threats and infrastructure overhauls.
The catastrophe that could come from an EMP would be overwhelming and devastating to the infrastructure that hundreds of millions depend upon, yet Homeland Security has done absolutely nothing to harden the grid or take basic precautions since it was warned in a 2008 report. According to the Washington Free Beacon:
The Department of Homeland Security has failed to address a single recommendation from a 2008 Critical National Infrastructures report to assess the threat of electromagnetic pulse (EMP) attacks and solar storms…
Read More
from Mark Dice:
from The Daily Sheeple:
America’s debt problem has been widely documented over past few years,
and not just the public kind. The average American is swimming in
trillions of dollars in medical fees, car payments, mortgage
liabilities, as well as credit card statements and college tuitions.
However, none of that is shocking anymore. You already know all about
that because statistically speaking, many of you reading this are
probably struggling to climb out of your own personnel debt hole.
But what hasn’t been widely documented, is how the average American feels about their personnel liabilities. A recent pew research poll found that not only are 8 out of 10 Americans in some form of debt (mostly mortgage) but that “7 in 10 Americans said debt is a necessity in their lives.” There’s two very disconcerting facts that can be gleaned from that statement.
Continue reading Majority of Americans Now Believe That Debt Is a Necessity
America’s debt problem has been widely documented over past few years,
and not just the public kind. The average American is swimming in
trillions of dollars in medical fees, car payments, mortgage
liabilities, as well as credit card statements and college tuitions.
However, none of that is shocking anymore. You already know all about
that because statistically speaking, many of you reading this are
probably struggling to climb out of your own personnel debt hole.But what hasn’t been widely documented, is how the average American feels about their personnel liabilities. A recent pew research poll found that not only are 8 out of 10 Americans in some form of debt (mostly mortgage) but that “7 in 10 Americans said debt is a necessity in their lives.” There’s two very disconcerting facts that can be gleaned from that statement.
Continue reading Majority of Americans Now Believe That Debt Is a Necessity
by Michael Snyder, The Economic Collapse Blog:
Is Barack Obama trying to kill the economy on purpose? On Sunday, we
learned that Obama is imposing a nationwide 32 percent carbon dioxide
emission reduction from 2005 levels by the year 2030. When it was first
proposed last year, Obama’s plan called for a 30 percent reduction, but
the final version is even more dramatic. The Obama administration
admits that this is going to cost the U.S. economy billions of dollars a
year and that electricity rates for many Americans are going to rise
substantially. And what Obama is not telling us is that this plan is
going to kill what is left of our coal industry and will destroy
countless numbers of American jobs. The Republicans in Congress hate
this plan, state governments across the country hate this plan, and
thousands of business owners hate this plan. But since Barack Obama has
decided that this is a good idea, he is imposing it on all of us
anyway.
Read More…
Is Barack Obama trying to kill the economy on purpose? On Sunday, we
learned that Obama is imposing a nationwide 32 percent carbon dioxide
emission reduction from 2005 levels by the year 2030. When it was first
proposed last year, Obama’s plan called for a 30 percent reduction, but
the final version is even more dramatic. The Obama administration
admits that this is going to cost the U.S. economy billions of dollars a
year and that electricity rates for many Americans are going to rise
substantially. And what Obama is not telling us is that this plan is
going to kill what is left of our coal industry and will destroy
countless numbers of American jobs. The Republicans in Congress hate
this plan, state governments across the country hate this plan, and
thousands of business owners hate this plan. But since Barack Obama has
decided that this is a good idea, he is imposing it on all of us
anyway.Read More…
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