GOP nominee Donald Trump described himself as a ‘counter-puncher’ in a
speech in San Jose Thursday night, and called for Hillary Clinton to be
jailed for using a private email server to send classified government
material while Secretary of State.
Why is George Soros moving billions of dollars out of stocks and into gold assets and other precious metals?
Perhaps the point of collapse has arrived.
The suggestion seems to be that a point of no return is coming for the stock market system of illusion and usury. The Fed’s great bubble is getting ready to burst. It is playing out on a time frame decided, undoubtedly, by those closest to the inside.
Worse, the end of the U.S. petrodollar is playing out, with plenty of geopolitical drama as currency wars threaten to undo the foundation that the nation has been resting upon.
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by Julie Fidler, Natural Society:
Last week, a St. Louis Circuit Court jury awarded $46.5 million to 3 plaintiffs who alleged that PCBs made by Monsanto caused cancer. The plaintiffs alleged in the suit that Monsanto and the other defendants – Solutia, Pharmacia, and Pfizer – were negligent in their handling of PCBs.
PCB stands for polychlorinated biphenyls, a highly toxic and carcinogenic group of chemicals. Decades ago, PCBs were used in many different products, including electrical equipment, surface coatings, inks, adhesives, flame-retardants, and paints. Before morphing into the agritech giant it is today, Monsanto was the sole manufacturer of PCBs from 1935 to 1997.
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Last week, a St. Louis Circuit Court jury awarded $46.5 million to 3 plaintiffs who alleged that PCBs made by Monsanto caused cancer. The plaintiffs alleged in the suit that Monsanto and the other defendants – Solutia, Pharmacia, and Pfizer – were negligent in their handling of PCBs.PCB stands for polychlorinated biphenyls, a highly toxic and carcinogenic group of chemicals. Decades ago, PCBs were used in many different products, including electrical equipment, surface coatings, inks, adhesives, flame-retardants, and paints. Before morphing into the agritech giant it is today, Monsanto was the sole manufacturer of PCBs from 1935 to 1997.
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from ZeroHedge:
One of the reasons why the USDJPY tumbled overnight is because of a set
of comments by one of the most hawkish BOJ board members, Takehiro
Sato, expressed pessimism about the economy and the central bank’s
strategy, saying in a speech Thursday that the BOJ won’t be able to
reach its 2% inflation target as forecast and negative rates won’t work
to boost investment. “I believe that it is desirable to aim to achieve
the price stability target of 2% as a medium-to long-term goal and I
expect that the road toward this goal will be long,” Takehiro Sato, one
of nine BOJ board members, said in a speech in Kushiro, Hokkaido on
Thursday.
This was immediately taken by the market as yet another confirmation that Abenomics will be stretched out, and that the probability for a substantial near-term easing by the BOJ has been notably delayed, leading to the steep drop in the USDJPY observed overnight. To be sure, Sato is a known hawk and dissented on the January decision to adopt a negative-rate policy and also in October 2014, when the BOJ expanded stimulus. That does not make him wrong.
Read More
One of the reasons why the USDJPY tumbled overnight is because of a set
of comments by one of the most hawkish BOJ board members, Takehiro
Sato, expressed pessimism about the economy and the central bank’s
strategy, saying in a speech Thursday that the BOJ won’t be able to
reach its 2% inflation target as forecast and negative rates won’t work
to boost investment. “I believe that it is desirable to aim to achieve
the price stability target of 2% as a medium-to long-term goal and I
expect that the road toward this goal will be long,” Takehiro Sato, one
of nine BOJ board members, said in a speech in Kushiro, Hokkaido on
Thursday.This was immediately taken by the market as yet another confirmation that Abenomics will be stretched out, and that the probability for a substantial near-term easing by the BOJ has been notably delayed, leading to the steep drop in the USDJPY observed overnight. To be sure, Sato is a known hawk and dissented on the January decision to adopt a negative-rate policy and also in October 2014, when the BOJ expanded stimulus. That does not make him wrong.
Read More
by Mark O’Byrne, GoldCore:
Wolf asks whether there will a “another huge financial crisis” and then
answers his question by saying that there will be and warns that banks
“are designed to fall. So fall they surely will.”
He warns that a system built on making promises it cannot keep is bound to crash, and crash again:
Will there be another huge financial crisis? As Hamlet said of the fall of a sparrow: “If it be now, ’tis not to come. If it be not to come, it will be now. If it be not now, yet it will come – the readiness is all.” So it is with banks. They are designed to fall. So fall they surely will.
A recent book explores not only this reality but also a radical and original solution. What makes attention to this suggestion even more justified is that its author was at the heart of the monetary establishment before and during the crisis. He is Lord Mervyn King, former governor of the Bank of England. His book is called The End of Alchemy.
Read More
Wolf asks whether there will a “another huge financial crisis” and then
answers his question by saying that there will be and warns that banks
“are designed to fall. So fall they surely will.”He warns that a system built on making promises it cannot keep is bound to crash, and crash again:
Will there be another huge financial crisis? As Hamlet said of the fall of a sparrow: “If it be now, ’tis not to come. If it be not to come, it will be now. If it be not now, yet it will come – the readiness is all.” So it is with banks. They are designed to fall. So fall they surely will.
A recent book explores not only this reality but also a radical and original solution. What makes attention to this suggestion even more justified is that its author was at the heart of the monetary establishment before and during the crisis. He is Lord Mervyn King, former governor of the Bank of England. His book is called The End of Alchemy.
Read More
by Justin Spittler, Casey Research:
If you or a loved one has a pension, please read this Dispatch closely.
As we’re about to show you, America’s pension system is close to collapsing. When it does, millions of Americans will lose a huge part of their life savings.
Many folks will be unable to retire. Some will need government assistance just to make ends meet.
It wasn’t always this way. For years, America’s pension system worked fine. Employees would pay into the pension during their working years. When they retired, the pension would send them a check every month. Folks could count on their pension to be there when they needed it.
Those days are over.
Read More
If you or a loved one has a pension, please read this Dispatch closely.As we’re about to show you, America’s pension system is close to collapsing. When it does, millions of Americans will lose a huge part of their life savings.
Many folks will be unable to retire. Some will need government assistance just to make ends meet.
It wasn’t always this way. For years, America’s pension system worked fine. Employees would pay into the pension during their working years. When they retired, the pension would send them a check every month. Folks could count on their pension to be there when they needed it.
Those days are over.
Read More
by Dr. Ahmed Zayed, Natural News:
our brain is the center that regulates your entire body. This is why it
has to remain healthy at all times. In order to stay healthy and to
improve your cognitive abilities, it is important to ensure your brain
gets variety of vitamins and nutrients it needs to function properly.
These nutrients we get through food which is why it’s advised to ditch
unhealthy foods that have no nutritional value and opt for fruits or
vegetables that supply your brain with healthy nutrients it needs. In
this article, we’re going to mention ten amazing fruits that you should
eat for brain health. And the best thing of all, you can buy them in
every store.
1. Blueberry
Blueberries contain the highest level of antioxidants of all commonly consumed fruits and vegetables. It comes as no wonder why they are also included into all lists of brain healthy foods. Besides their amazing benefits for general health, blueberries are beneficial for your brain as well. For example, study published in the Current Opinion in Clinical Nutrition and Metabolic Care found that antioxidants in blueberries accumulate in areas of the brain essential for intelligence. These antioxidants directly interact with aging neurons thus leading to improvements in cell signaling.
Read More
our brain is the center that regulates your entire body. This is why it
has to remain healthy at all times. In order to stay healthy and to
improve your cognitive abilities, it is important to ensure your brain
gets variety of vitamins and nutrients it needs to function properly.
These nutrients we get through food which is why it’s advised to ditch
unhealthy foods that have no nutritional value and opt for fruits or
vegetables that supply your brain with healthy nutrients it needs. In
this article, we’re going to mention ten amazing fruits that you should
eat for brain health. And the best thing of all, you can buy them in
every store.1. Blueberry
Blueberries contain the highest level of antioxidants of all commonly consumed fruits and vegetables. It comes as no wonder why they are also included into all lists of brain healthy foods. Besides their amazing benefits for general health, blueberries are beneficial for your brain as well. For example, study published in the Current Opinion in Clinical Nutrition and Metabolic Care found that antioxidants in blueberries accumulate in areas of the brain essential for intelligence. These antioxidants directly interact with aging neurons thus leading to improvements in cell signaling.
Read More
by Jim Dean, New Eastern Outlook:
No man undertakes a trade he has not learned, even the meanest; yet
everyone thinks himself sufficiently qualified for the hardest of all
trades, that of government. ~ Socrates
We are having one heck of a rollercoaster ride on the EU’s upcoming Russian sanctions renewal in July. The Russophobes, especially the Ukrainians, have predictably kept up their screams for “more, more”, while the voices of moderation call for an end to, or at least an easing of sanctions.
The G-7 countries cast their votes early, a unanimous call for a renewal; and the EU Council was quick to follow, with ex-Polish President Donald Tusk, a hardcore Russophobe, making the announcement. But there are growing opposition rumbles being heard across Europe, led by some of the newer East European member countries who feel that the EU got suckered by US pressure for sanctions while the US only bears 10% of the lost business. EU exports of agricultural products were off 29% in the past year, equivalent to 4.4 billion Euros and an estimated 130,000 lost jobs.
http://journal-neo.org/2016/06/02/cracks-appear-in-eu-unity-on-russian-sanctions/
Read More
No man undertakes a trade he has not learned, even the meanest; yet
everyone thinks himself sufficiently qualified for the hardest of all
trades, that of government. ~ SocratesWe are having one heck of a rollercoaster ride on the EU’s upcoming Russian sanctions renewal in July. The Russophobes, especially the Ukrainians, have predictably kept up their screams for “more, more”, while the voices of moderation call for an end to, or at least an easing of sanctions.
The G-7 countries cast their votes early, a unanimous call for a renewal; and the EU Council was quick to follow, with ex-Polish President Donald Tusk, a hardcore Russophobe, making the announcement. But there are growing opposition rumbles being heard across Europe, led by some of the newer East European member countries who feel that the EU got suckered by US pressure for sanctions while the US only bears 10% of the lost business. EU exports of agricultural products were off 29% in the past year, equivalent to 4.4 billion Euros and an estimated 130,000 lost jobs.
http://journal-neo.org/2016/06/02/cracks-appear-in-eu-unity-on-russian-sanctions/
Read More
by Michael Krieger, Liberty Blitzkrieg:
People of the same trade seldom meet together, even for merriment and
diversion, but the conversation ends in a conspiracy against the public,
or in some contrivance to raise prices. It is impossible indeed to
prevent such meetings, by any law which either could be executed, or
would be consistent with liberty or justice. But though the law cannot
hinder people of the same trade from sometimes assembling together, it
ought to do nothing to facilitate such assemblies; much less to render
them necessary.
– Adam Smith, The Wealth of Nations
The best way to describe Obama’s entire sleazy reign is to liken it to a Potemkin village. Everything he’s done was designed for appearances as opposed to results. Actually, that’s not really true. Everything was done to help further enrich a handful of crony insiders while appearing to be working in the public interest.
Read More
People of the same trade seldom meet together, even for merriment and
diversion, but the conversation ends in a conspiracy against the public,
or in some contrivance to raise prices. It is impossible indeed to
prevent such meetings, by any law which either could be executed, or
would be consistent with liberty or justice. But though the law cannot
hinder people of the same trade from sometimes assembling together, it
ought to do nothing to facilitate such assemblies; much less to render
them necessary.– Adam Smith, The Wealth of Nations
The best way to describe Obama’s entire sleazy reign is to liken it to a Potemkin village. Everything he’s done was designed for appearances as opposed to results. Actually, that’s not really true. Everything was done to help further enrich a handful of crony insiders while appearing to be working in the public interest.
Read More
by David Stockman, David Stockman’s Contra Corner:
The U.S. has approximately $80 trillion of unfunded liabilities for
social security, medicare and other entitlements sitting atop a work
force that is rapidly aging and an economy that is lapsing into stasis.
Yet in the midst of a campaign diatribe about Donald Trump’s alleged
lack of preparation for the highest office in the land, the current
White House occupant proved that in nearly eight years he has learned
exactly nothing about the nation’s abysmal fiscal plight.
“And not only do we need to strengthen its long-term health, it’s time we finally made Social Security more generous and increased its benefits so that today’s retirees and future generations get the dignified retirement that they’ve earned,” Obama said in an economic call to arms in Elkhart, Indiana.
Don’t bother to say he must be kidding. After all, our President also claims the disaster known as Obamacare is a roaring success; and that he has created 14 million jobs—-when, in fact, there are fewer full-time, full-pay “breadwinner jobs” in America today than when Bill Clinton scuttled out of the White House 16 years ago.
Read More
The U.S. has approximately $80 trillion of unfunded liabilities for
social security, medicare and other entitlements sitting atop a work
force that is rapidly aging and an economy that is lapsing into stasis.
Yet in the midst of a campaign diatribe about Donald Trump’s alleged
lack of preparation for the highest office in the land, the current
White House occupant proved that in nearly eight years he has learned
exactly nothing about the nation’s abysmal fiscal plight.“And not only do we need to strengthen its long-term health, it’s time we finally made Social Security more generous and increased its benefits so that today’s retirees and future generations get the dignified retirement that they’ve earned,” Obama said in an economic call to arms in Elkhart, Indiana.
Don’t bother to say he must be kidding. After all, our President also claims the disaster known as Obamacare is a roaring success; and that he has created 14 million jobs—-when, in fact, there are fewer full-time, full-pay “breadwinner jobs” in America today than when Bill Clinton scuttled out of the White House 16 years ago.
Read More
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