Schiff says it’s about to get brutal for Americans…Middle Class to get Crushed...

from FutureMoneyTrends:

Did Turkey Just Invade Iraq To Protect Erdogan's ISIS Oil Smuggling Routes?

The Beginning Of The End Of The Cult Of Draghi

Submitted by Tyler Durden on 12/05/2015 - 12:30 Draghi’s Friday talk of a “no limit” ECB balance sheet must have Weidmann and responsible members of the ECB at their wits end. It’s the nature of monetary inflations that there’s always a need for more. Throughout history, it’s been ‘just one more round of ‘printing’’ or ‘just one more year and then we’ll rein things in’. But things spiral out of control – and there’s a lot of currency with a lot more zeros. It can end in hyperinflation, at least when monetary inflation is afflicting the real economy. Today’s strange variety is inflating securities market Bubbles. It will end with Bubbles bursting and confidence collapsing. Integral to the bursting Bubble thesis is that policymakers are losing control. Granted, such analysis has about zero credibility when markets are in melt-up mode. But perhaps the markets’ response to Draghi is a forewarning.

ISIS Calls Mass Shooters "Soldiers Of The Caliphate" As New Details Emerge About Wife

"Two soliders of the Khilafah executed an attack on the Inland Regional Cener in San Bernardino, California on the 20th of Safar. Light weapons were used, which led to the deaths of 14 disbelievers."

The "Real Stuff" Economy Is Falling Apart

Submitted by Tyler Durden on 12/05/2015 - 11:00 Can an economy thrive if it doesn’t make or move physical things? Intuitively the answer is no, because most of the services either maintain the status quo (like healthcare and restaurants) or (like houses) consume rather than build capital. The US, in short, is engaged in an experiment to see how long an economy can function with services growing and manufacturing contracting. As with so many of today’s monetary and fiscal experiments, no one knows when definitive results will come in. But the data so far aren’t encouraging.

Greece Loses Last Trace Of Sovereignty After EU Takes Control Of Greek Borders

After being threatened with expulsion from the Schengen borderless Europe zone, Greece has grudignly accepted an offer from the European Union to "bolster its borders with foreign guards as well as other aid, including tents and first aid kits." In doing so it has last its last shred of state sovereignty.

First Picture Of Female Mass Shooter Released After Reporters Storm Suspects' Home On Live TV

Submitted by Tyler Durden on 12/04/2015 - 23:19

Greece Government Preparing for Wealth Confiscation?

by Jeff Nielson, Sprott Money:
Governments and Central Banksters around the world have proven time and time again throughout history that they simply don’t get it. They don’t get economics, they don’t get finance and they are so far out of touch with everyday people on the street that they don’t get them either.
Once again, another government has proven this point. Greece, in what some are calling an early April Fools’ joke, has mandated that ALL Greek citizens are to declare the valuables they own outside of the highly controlled and corrupt banking sector.
In particular, all citizens of Greece are to declare the following:
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Gold And Silver – Hope And Change From Last Week? Little Hope, Little Change

by Michael Noonan, Edge Trader Plus:

Was last week the start of something big? You be the judge of what the market is saying.
There is a reason and purpose why we always use and refer to the weekly charts, and the monthly at the end of each month. These higher time frames are more controlling over the lower time frames, particularly the daily chart upon which most rely. From the daily, many then choose to view the markets from an intra day perspective, as though a closer time frame will give better results. That is not the case.
Lower, intra day time frames are more problematic. One’s frame of reference is occupied with faster moves that require quicker decisions and often result in more losses than profits.
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OBAMA DEFENSE DEPT: MAY HAND CAPTURED lSlS TO LAW ENFORCEMENT

from TheNextNewsNetwork:

German army gives its soldiers a gun that can’t shoot straight

from Searchlight-Germany:
The German defence ministry has stopped further orders of the army’s standard automatic rifle, the Heckler & Koch G36, after a secret report questioned its accuracy and said tests had to be carried out to make sure the ministry is not wasting €34m (£27m) on a rifle that does not meet the needs of the troops. In the latest embarrassment for the German army, which was mocked earlier this month after the defence minister announced the military would put more crèches and minibars in barracks to encourage recruitment, the army now have to admit that concerns voiced by German forces in Afghanistan about the automatic rifle may be proved right.
Solders complained that in a prolonged fire-fight the barrel of the G36 would overheat and cause the weapon to become inaccurate. Army authorities blamed poor ammunition.
Read More @ Searchlight-Germany.com

Price of gold HIGHER on Jobs-Report Friday?

by Jeff Nielson Bullion Bulls:

Month after month, year after year, we have seen the same thing, nearly every month. The U.S. releases another monthly jobs report from the BLS, the media lies about what “good news” it is, and the price of gold and silver are hit with some token price-decline, or sometimes slammed lower — when the banking crime syndicate feels it needs to make a point.
This is totally absurd, on numerous bases. To begin with; as most readers already know, the U.S. economy has not created one, single “new job” (on a net basis). Rather, the U.S. economy has continued losing jobs, all through the imaginary Recovery.
During the seven years that the U.S. government has claimed to have “created 10 million new jobs”, the U.S. economy has actually LOST 3 MILLION JOBS — a 13 million-job lie.
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All Heck Breaks Loose after Draghi Fails to Outdo his Own Hype

from Wolf Street:

Hedge funds – already beaten up by lousy returns or massive losses this year and struggling with redemptions as frustrated investors are bailing out – are now watching their European bets get demolished by an evil surprise: Draghi failed to outdo his own hype.
German investors are largely conservative. They like to put their money in brick and mortar to own something real and profit slowly. People with smaller ambitions squirrel their money away at the bank to collect a tiny amount of interest, back when there still was interest. Many invest in life insurance products for retirement cash flows. But they aren’t big stock-market jockeys.
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Only Good Can Come of It – Things to Remember in Times of Trouble

from Zen Gardner:

Problems and heartaches in life are inevitable. However, there are some things to remember when you’re right in the thick of it that can help you get through it. When everything seems to be going wrong, practice telling yourself these things.
1. This Too Shall Pass
Sometimes life’s rough patches feel like they’re going to last forever. Whether you’re dealing with work-related issues, family problems, or stressful situations, very few problems last for a lifetime. So remind yourself, that things won’t be this bad forever.
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NAV Premiums of Certain Precious Metal Trusts and Funds – Stay Right, Sit Tight

from Jesse’s Café Américain:
“If you shut up truth and bury it under the ground, it will but grow, and gather to itself such explosive power that the day it bursts through it will blow up everything in its way.”
Émile Zola
The above quote was on the header of this blog the other day.
I mentioned that gold was oversold and that sentiment was at a washed out low.
The question to ask is not, why is gold going higher today? It is obviously a short squeeze that was set up and fueled by a concerted effort to push the prices much lower to unsustainable levels for the past two weeks. I think there were multiple motivations for this.
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BOMBSHELL! NASA Scientist Admits Chemtrails Are Real, Testing Conducted at Clemson

from Dahboo7:

THIS IS TRUE BOMBSHELL INFO! WE HAVE THE SCIENTIST FROM NASA ADMITTING THAT THERE ARE “CHEMTRAILS”. THAT ALONE CHANGES THE GAME.

Muslim Migrants Display “Open or Die” Banner at Macedonian Border, Attack Police

by Paul Joseph Watson, Infowars:
An image taken at the Macedonian border shows Muslim migrants holding up a banner which reads “open or die” before they proceeded to attack police with stones, according to reports.

Slovenske Novice featured the image, explaining that 200 migrants attempted to break through a wire fence during a confrontation with police and border guards.

“Some protesters threw stones at police, while others were screaming “We want to Germany!” And “Open the borders!” states the report.

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