3 Signs We've Reached 'The Top' In The Financial System
Duh. It was so obvious looking back. This is not a consequence-free environment... it’s time to find safety.
On the night of December 2, after the tragic shootings at the Inland
Regional Medical Center, CBS Evening News interviewed a witness to the
shooting.The interview, which took place live and over the phone, has not been covered by any other mainstream outlet despite the vastly different details provided which completely contradict the subsequent ‘official’ narrative, while backing up several other eyewitness accounts.
Witness Sally Abdelmageed, who works at the Inland Regional Center, and witnessed the shooting, spoke to CBS correspondent Scott Pelley.
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Putin Orders Military To "Immediately Destroy" Any Threat To Russian Forces
Submitted by Tyler Durden on 12/11/2015 - 16:56 Russian President Vladimir Putin has ratcheted up the rhetoric in what appears to be one step closer to the potential for direct conflict with The West. While not detailing 'who' he was focued on, amid the obvious Turkey-Russia tensions, Putin told a session of the Defense Ministry's collegium that "I order to act extremely tough. Any targets that threaten Russian forces or our infrastructure on the ground should be immediately destroyed."
White House Unable To Explain How Gun Control Will Stop Mass Shootings
Submitted by Tyler Durden on 12/11/2015 - 21:00 As President Obama prepares executive action to pass further gun control legislation, one errant reporter dared to ask the White House press secretary exactly how such proposals would have prevented any recent mass shootings. The response was... as expected.
Bitcoin Breaks Out Higher After China Announces Crackdown On UnionPay POS Devices
Submitted by Tyler Durden on 12/11/2015 - 20:30 When we first detailed the link between a devaluing currency, increasing restrictions on outflows of China capital, and Bitcoin, the virtual currency soared (driven by Chinese flows, just as predicted). The last few days, as China has once again started devaluing its currency, authorities once again moved to tighten capital outflows - this time through caps on credit-card withdrawals (as warned here) - and sure enough, Bitcoin has been soaring recently. Specifically, a nationwide crackdown on illegal UnionPay point-of-sale devices, has sparked capital flight (on heavy volume) through the vurtual currrency.
Kinder Morgan - Poster Boy For Bubble Finance
Submitted by Tyler Durden on 12/11/2015 - 20:00 After Tuesday’s dividend massacre, it’s plain as day that Kinder Morgan wasn’t the greatest thing since slice bread after all. That is, a “growth” business paying rich dividends out of rock solid profit margins and flourishing cash flow. In fact, it was just a momo stock on a borrowing spree.
Bank of America: "Sadly, It Took World War II..."
Submitted by Tyler Durden on 12/11/2015 - 19:28 "A flip to fiscal stimulus is the most likely catalyst for a Great Rotation out of “deflation plays” into “inflation plays”, undoubtedly the biggest investment decision of 2016. Sadly it took the New Deal and WW2 to end the dominance of “growth” over “value” in the 1930s."What Drives Gun Sales In America
"Inconvenient Truth" Chart Of The Day
Submitted by Tyler Durden on 12/11/2015 - 18:00 “Sooner or later we all sit down to a banquet of consequences” - Robert Louis Stevenson
Watch Jimmy Carter Ban Iran Immigrants And Deport Students During The Hostage Crisis
Submitted by Tyler Durden on 12/11/2015 - 17:30 One of Donald Trump's recurring refrains ever since the San Bernardino shooting, ostensibly the one which prompted him to declare he would bar Muslims from entering the country, is that the "US is at war." Whether or not that is the case remains to be seen but what is certain is that Trump is merely proposing to do what Democrat Jimmy Carter did back on April 7, 1980, when he banned Iranians from the US and deported Iranian students during the Iran hostage crisis - a time when some could argue the US was likewise in war with the Iranian regime.
Here Is "Gate" #2: $1.3 Billion Hedge Fund Founded By Ex-Bear Stearns Traders, Just Suspended Redemptions
Submitted by Tyler Durden on 12/11/2015 - 16:59 Moments ago Dow Jones reported that the $1.3 billion Stone Lion Capital, a distress-focused hedge fund, has just suspended redemptions after ""substantial requests."
Prince Of World Beheading Champion Saudi Arabia Calls Trump "A Disgrace To America"
Submitted by Tyler Durden on 12/11/2015 - 16:48 You know you've 'made it' when the prince of one of the world's biggest human rights abuser (and leading 'beheader') nations calls you a "disgrace to America."Stocks Slammed To Worst Week Since Black Monday Amid Crude & Credit Carnage
Submitted by Tyler Durden on 12/11/2015 - 16:35
Weekend Reading: Risk - That Is All
Submitted by Tyler Durden on 12/11/2015 - 16:30 While the world patiently waits for Janet Yellen to raise interest rates this month, the markets have been unable to decide as of yet whether such an event is good or bad thing.
Carl Icahn Warns "Meltdown In High Yield Is Just Beginning"
Submitted by Tyler Durden on 12/11/2015 - 15:47 Amid the biggest weekly collapse in high-yield bonds since March 2009, Carl Icahn gently reminds investors that he saw this coming... and that it's only just getting started!The police union in Pittsburgh, PA, just filed a civil rights grievance against the city. They claim a new drug testing policy violates their constitutional rights, as well as their contracts. They claim the drug tests amount to illegal search and seizures. The Resident discusses.
by Nathan McDonald, Sprott Money:
Has the FED finally woken up? Has it finally seen the reports, listened
to the heartbeat of the economy and come to a conclusion that many in
the precious metals community had already reached years ago? That is,
that more debt is NOT the solution, and that lowering interest rates
will NOT solve our woes? Don’t make me laugh.
Read More…
Has the FED finally woken up? Has it finally seen the reports, listened
to the heartbeat of the economy and come to a conclusion that many in
the precious metals community had already reached years ago? That is,
that more debt is NOT the solution, and that lowering interest rates
will NOT solve our woes? Don’t make me laugh.Read More…
from Western Journalism:
At the climate conference in Paris, John Kerry said U.S. emissions cuts would do nothing to the global climate..
At the climate conference in Paris, John Kerry said U.S. emissions cuts would do nothing to the global climate..
For the first time in over 50 years low-income and high-income Americans outnumber the middle class.
from MyBudget360.com:
It was only a matter of time but we can now officially say that the middle class in America has reached minority status designation. Recent figures show that there are more low-income and high-income Americans versus those in the middle class. Most of the growth has been fueled by the trend in adding low wage jobs. At the other end you have a small pool of Americans that are controlling a larger piece of the economic pie. It used to be the case that Americans for the most part were proud about our robust middle class. Now there is this temporarily embarrassed millionaire attitude flooding the nation all the while the system becomes more of a corporatocracy. Half of Congress is made up of millionaires so don’t expect them to have any idea what is happening in the lives of paycheck to paycheck Americans. Does losing the middle class matter?
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from MyBudget360.com:
It was only a matter of time but we can now officially say that the middle class in America has reached minority status designation. Recent figures show that there are more low-income and high-income Americans versus those in the middle class. Most of the growth has been fueled by the trend in adding low wage jobs. At the other end you have a small pool of Americans that are controlling a larger piece of the economic pie. It used to be the case that Americans for the most part were proud about our robust middle class. Now there is this temporarily embarrassed millionaire attitude flooding the nation all the while the system becomes more of a corporatocracy. Half of Congress is made up of millionaires so don’t expect them to have any idea what is happening in the lives of paycheck to paycheck Americans. Does losing the middle class matter?
Read More
from MarketWatch:
The stock market currently is even more overvalued than it was at the bull market peaks of both March 2000 and October 2007 — according to not just one, but two, valuation measures.
That at least is the message of an analysis released earlier this week by Ned Davis Research, the quantitative research firm. What caught my eye in the firm’s analysis was that, unlike virtually all others that conclude that stocks are overvalued, this one was not based on the so-called Shiller P/E — the cyclically-adjusted P/E ratio championed by Nobel laureate Robert Shiller of Yale University.
Read More
The stock market currently is even more overvalued than it was at the bull market peaks of both March 2000 and October 2007 — according to not just one, but two, valuation measures.
That at least is the message of an analysis released earlier this week by Ned Davis Research, the quantitative research firm. What caught my eye in the firm’s analysis was that, unlike virtually all others that conclude that stocks are overvalued, this one was not based on the so-called Shiller P/E — the cyclically-adjusted P/E ratio championed by Nobel laureate Robert Shiller of Yale University.
Read More
by Martin Armstrong, Armstrong Economics:
For year there have been warning that the overuse of antibiotics was a danger. Now that danger has arrived. A new superbug has evolved as life itself is always a cycle. This new superbug is impervious to ALL known antibiotics, but this evolutionary step was not even contemplated. This superbug has the ability to infect other bacteria yet instead of destroying its virulent competition, this new evolutionary strain of e.coli actually strengthens them by giving them the same antibiotic shield it has evolved as a self-defense mechanism.
While it is believed to have emerged in China, it has been discovered in Denmark..The fundamental cornerstone of everything is a cycle. Each cycle creates the next generation by referring to the last. You have children that are constructed from the merger of DNA from both parents so they will look a bot like each
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For year there have been warning that the overuse of antibiotics was a danger. Now that danger has arrived. A new superbug has evolved as life itself is always a cycle. This new superbug is impervious to ALL known antibiotics, but this evolutionary step was not even contemplated. This superbug has the ability to infect other bacteria yet instead of destroying its virulent competition, this new evolutionary strain of e.coli actually strengthens them by giving them the same antibiotic shield it has evolved as a self-defense mechanism.
While it is believed to have emerged in China, it has been discovered in Denmark..The fundamental cornerstone of everything is a cycle. Each cycle creates the next generation by referring to the last. You have children that are constructed from the merger of DNA from both parents so they will look a bot like each
Read More
from Dahboo:
by It’s a Mystery, GoldSeek:
The chart below paints a disastrous picture for the $/Yen. This chart is extremely bearish.
Based on this chart alone, it is my opinion that the FED is going to make a mistake. Either it will raise and find out it cannot get the Funds rate to .25% or worse, they choose not to raise and lose credibility for a very long time.
Below is a chart of gold in Rands, which has dramatic implications for all of the South African miners. Incidentally, most of these miners are trading at levels that would imply sever balance sheet impairment.
Read More
The chart below paints a disastrous picture for the $/Yen. This chart is extremely bearish.
Based on this chart alone, it is my opinion that the FED is going to make a mistake. Either it will raise and find out it cannot get the Funds rate to .25% or worse, they choose not to raise and lose credibility for a very long time.
Below is a chart of gold in Rands, which has dramatic implications for all of the South African miners. Incidentally, most of these miners are trading at levels that would imply sever balance sheet impairment.
Read More
from Gold Core:
Bank ‘bail-ins’ and the new international bail-in regime that impose losses on bank investors, bondholders and even depositors may undermine the confidence of small savers in the banking system, a senior Bank of Italy official warned on Wednesday.
Protect Your Savings From The Wrecking Ball
“The bail-in can exacerbate – rather than alleviate – the risks of systemic instability caused by the crisis of individual banks,” Carmelo Barbagallo, head of supervision at the central bank, astutely noted during a hearing before the Chamber of Deputies in Italy according to Reuters:
Read More
Bank ‘bail-ins’ and the new international bail-in regime that impose losses on bank investors, bondholders and even depositors may undermine the confidence of small savers in the banking system, a senior Bank of Italy official warned on Wednesday.
Protect Your Savings From The Wrecking Ball
“The bail-in can exacerbate – rather than alleviate – the risks of systemic instability caused by the crisis of individual banks,” Carmelo Barbagallo, head of supervision at the central bank, astutely noted during a hearing before the Chamber of Deputies in Italy according to Reuters:
Read More
by Mike Adams, Natural News:
t’s hard to imagine that our founding fathers would recognize the country they bequeathed to us.
Many things would capture their imagination and no doubt garner their approval, given the context of the founding document they wrote – such as full equality for all Americans in all aspects of their personal, public and professional lives.
They would no doubt marvel at the highly advanced technology and industrial capacity we have achieved.
They would surely be amazed by our advances in medicine, science and travel. The moon landings would probably blow their minds.
Read More
t’s hard to imagine that our founding fathers would recognize the country they bequeathed to us.
Many things would capture their imagination and no doubt garner their approval, given the context of the founding document they wrote – such as full equality for all Americans in all aspects of their personal, public and professional lives.
They would no doubt marvel at the highly advanced technology and industrial capacity we have achieved.
They would surely be amazed by our advances in medicine, science and travel. The moon landings would probably blow their minds.
Read More
by Jeff Knox, Ammoland:
Sheriffs across the country spoke up after the mass public murder in San Bernardino, California. They went public with their support of concealed carry and citizen self-defense. This makes sense for at least two reasons.
The first is practical. Most of these law enforcement officers have rolled in on a scene when it was too late. Like the police in San Bernardino, the killing was all over by the time law enforcement arrived. An armed citizen can protect themselves long enough for the police to get there. They need our help.. just as we need theirs.
Read More
Sheriffs across the country spoke up after the mass public murder in San Bernardino, California. They went public with their support of concealed carry and citizen self-defense. This makes sense for at least two reasons.
The first is practical. Most of these law enforcement officers have rolled in on a scene when it was too late. Like the police in San Bernardino, the killing was all over by the time law enforcement arrived. An armed citizen can protect themselves long enough for the police to get there. They need our help.. just as we need theirs.
Read More
Sheriffs across the country spoke up after the mass public murder in San Bernardino, California. They went public with their support of concealed carry and citizen self-defense. This makes sense for at least two reasons.
The first is practical. Most of these law enforcement officers have rolled in on a scene when it was too late. Like the police in San Bernardino, the killing was all over by the time law enforcement arrived. An armed citizen can protect themselves long enough for the police to get there. They need our help.. just as we need theirs.
Read More
from Yankee Patriot News:
from Survival Blog:
As a father and a husband of four children, I ask any one of you out there, man or woman, how we can flip back and forth between the local news channels or news apps and not consider the need to prepare?
Whether you’re reading about the “Radical Islamists” that so many of our politicians refuse to label as such or the tornadoes touching down in the Midwest in November, or perhaps you remember Hurricane Katrina and all the helpless people that quite honestly would probably have done almost anything for a few gallons of water or food. How can we see all this and not prepare?
Read More
As a father and a husband of four children, I ask any one of you out there, man or woman, how we can flip back and forth between the local news channels or news apps and not consider the need to prepare?
Whether you’re reading about the “Radical Islamists” that so many of our politicians refuse to label as such or the tornadoes touching down in the Midwest in November, or perhaps you remember Hurricane Katrina and all the helpless people that quite honestly would probably have done almost anything for a few gallons of water or food. How can we see all this and not prepare?
Read More
Your tax dollars at work...supplying the enemy...
from TheNextNewsNetwork:
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