The Coming Economic Collapse, Currency Induced Cost Push Inflation/Hyperinflation, Weimar Germany, Euro Collapse,
Zimbabwe Hyperinflation, Survival in Economic Collapse, World Economic Collapse, Dollar Collapse,
What Would Happen If the Economy Collapsed,The Coming Economic Depression.
Gold and Silver Will Protect Your Wealth.
Monday, June 6, 2016
Hillary Clinton Is The Clear Candidate Of The War Party...
Last week, Hillary Clinton gave up trying to compete with
Bernie Sanders on domestic policy. Instead, she zeroed in on the soft
target of Donald Trump’s most “bizarre rants” in order to present
herself as experienced and reasonable. Evidently taking her
Democratic Party nomination for granted, she is positioning herself as
the perfect candidate for hawkish Republicans.
The last thing Hillary Clinton needs a day before the
California primary is a stark reminer of the "clan's" tendency for
mischief outside of the White House. Which is why the latest news that
Roger Clinton, Bill's brother, has been arrested - and in Southern
California at that - for drunk driving, may have come at the worst
possible moment for the Democratic presidential candidate, for whom
winning the Golden State is a matter of urgency.
by Michael Depinto, Freedom OutPost:
A recent Gallup Poll shows that more than half of Democrats would still support Hillary if she were indicted.
In an exclusive jailhouse interview, now infamous hacker Guccifer,
claims to have personally hacked Hillary Clinton’s email on multiple
occasions, which if proven by FBI investigators could spell 10-15 years
in prison under the espionage act. During the interview, Guccifer also
gives the FBI a trail of breadcrumbs on how to find the other hackers he
says had already breached her system prior to him, and left traces of
their breaches. According Fox News’ Andrew Napolitano, Hillary is in
much, much, much bigger trouble than she is eluding to in public.
Thankfully, I have a solution to the whole problem. Give her the
electric chair… and make sure she’s good and wet when they plug it in…
Back where you belong demon! Read More
by Amando Flavio, Activist Post:
A new poll by the Associated Press (AP) news agency, in collaboration
with the National Opinion Research Center (NORC) at the University of
Chicago, has revealed that a staggering 70% of Americans are disturbed
about the country’s presidential elections due in November.
Whereas AP is an international news organization, NORC is one of the
largest independent social research organizations in the United States,
established in 1941. It has conducted numerous social research projects
involving opinion survey and other data collection, for government
agencies, nonprofit agencies, and corporations, making it very credible
independent research organization.
According to the details of the poll, seven in 10 people said they
feel frustrated in the upcoming presidential election. Also, one-quarter
of the respondents said they have hardly any confidence that their
votes will be counted accurately. However, 56% respondents said they
have confidence in the military. Read More
by Mac Slavo, via SHTF Plan:
With some 100 million Americans now receiving government assistance in
one form or another, it’s only a matter of time before glitches or all
out system failure leads to civil unrest.
While we understand that Electronic Benefits Transfer cards,
unemployment and other social support mechanisms are necessary for those
who may have temporarily come upon hard times in an economic
environment wrought with fraud and machinations that have left hard
working Americans in dire straits, the fact is that millions upon
millions of people feel entitled to the benefits they receive from the
taxpayer and have made sitting on the couch, smoking weed, and getting
paid a career.
And when those benefits disappear for whatever reason we can expect the following, but on a mass scale: Read More
Apparently it’s not ‘fair’ that high-tax France and Belgium have to compete with low-tax Ireland and Estonia. So
rather than the bankrupt countries getting their act together to
attract business, the solution is to penalize everyone and make the
entire continent less attractive. It’s genius!
Following a brief surge of hedge fund closure announcements in
late 2015 and early 2016, there had been a lull in hedge fund
shutterings in recent months, as the smart money community had
benefited from the dramatic jump in the S&P500 to just shy of all
time highs. That changed moments ago when Reuters reported that
hedge fund Pine River Capital Management is closing its Pine River
Fixed Income fund and returning roughly $1.6 billion in assets to
investors just two months after Steve Kuhn, one of the fund's
co-managers, left the firm.
The people of the United States have real grievances with the way this country is being run but, considering that the 2016 election looks like a Dark Age puppet show, we forget this spectacle is serious. Rather large matters are at stake, such
as the continuity of governance, the legitimacy of the two major
political parties, the credibility of our financial arrangements,
perhaps even the durability of the nation as a united polity.
Volatility-selling activity is continuing to drive the short-term performance of the S&P.
Starved for yield, Ice Farm Capital's Michael Green explains that
investors are selling volatility against their equity positions – and
likely feeling their greatest risk is an upside move that takes them out
of their underlying position. Against this, however, Green warns, the
volatility selling is leaving them much longer than desired on a sharp down move. While current FOMO (fear of missing out) dominates, it’s important to remember that the pain trade is ALWAYS down.
"Yellen expresses optimism throughout the speech but she
doesn’t repeat her guidance from less than two weeks ago that a rate
hike would be forthcoming “in coming months." Citi adds that this on net is slightly dovish.
"There is no timetable and the pluses are very vague. Unless the sky is
falling in there is no way that she can express pessimism -- would be
self-defeating, so you take it as a given that she will sound optimistic
on hitting targets in long-term. The vagueness on the timing of hikes
is what is striking."
Shrugging off the weakness in jobs as 'transitory' one can't
help but get a hawkish feeling from Yellen's speech, but it appears the
FX market disagrees (as the US Dollar is leaking lower). Bond yields
are also fading back lower and so are stocks... Once again Fed communications policy wins - baffle e'm with bullshit.
The fight between the two for supremacy in the Middle East region is unlikely to end anytime soon. Currently,
supply outages to the tune of 3.5 million b/d are supporting the oil
prices by creating a balance between demand and supply. Once Nigeria,
Libya, and Canada resume pumping at their normal levels, the effects of
the struggle between Iran and Saudi Arabia will be felt. If both increase production, the world will be awash with oil, pulling prices back to the mid $30/barrel levels.
Will she or won't she? With an increasing number of market participants entirely confused by the Fed's utterly failed communications policy -as it constantly changes its focus from one meeting to another-
Janet Yellen's speech today on the economic outlook and monetary
policy at the World Affairs Council of Philadelphia seems critical just
one week out from a supposedly "live" June meeting (who market-implied rate-hike odds are now just 4%).
In the past month, not a day has passed without some major sellside firm (yes, that also now includes traditional bull Goldman Sachs)
releasing its bearish take on deteriorating fundamentals, and urging
clients to not only not buy the rally but sell into it (and as both
retail and "smart money" flows indicate, this advice ha been heeded).
Today it's JPM's turn. In the latest note is out of JPM's Mislav
Matejka, the equity strategist presents five reasons why "upside for
stocks is limited" due to numerous reasons but mostly because "global
activity momentum is failing to pick up."
In “The Valley” the last 7 or 8 years has seen a morphing of true business fundamentals into a place of pure financially adulterated fantasy. Here is where the story changed from “Something built that customers love and will pay for," into “Build
something that can give the illusion VC’s want to see and hear so they
can pay for the right to then sell that illusion to Wall Street and we
all get rich.” True business metrics or morals be damned.
by Jeff Berwick, The Dollar Vigilante:
Recently Barack Obama urged citizens to be prepared. He broke this new
ground in a May 31st speech to the FEMA National Response Coordination
Center in Washington.
He explained that it was up to each citizen to be prepared for
disasters. This preparation should extend to “having an evacuation plan”
and “having a fully stocked disaster supply kit.”
One of the things that we have learned over the course of the last
seven and a half years is that government plays a vital role, but it is
every citizen’s responsibility to be prepared for a disaster. -Barack
Obama Read More
by Doug Casey, Casey Research:
As Casey Research founder Doug Casey said yesterday, it will be economic bankruptcy accompanied by financial chaos. In today’s essay, Doug takes a closer look at the big picture…
The long run is much more serious because the next chapter of the
Greater Depression has every chance of radically, and at least
semi-permanently, overturning the basic character of American life. Ice
turned to water—suddenly and unexpectedly—in Russia in 1918, Germany in
1933, China in 1949, Vietnam in 1954, Cambodia in 1975, and Rwanda in
1995. Those are just the first examples that come to mind. There are
scores more.
The economic events I’ve outlined are going to mean serious hardship
and unpleasantness for many people. But that doesn’t concern me nearly
as much as the social and political reaction. Read More
by Ulson Gunnar, New Eastern Outlook:
US sanctions aren’t just hurting everyone including the US, they are
accomplishing nothing. The US State Department’s Radio Free Europe/Radio
Liberty (RFE/RL) notified readers of a diplomacy campaign by the United
States aimed at “urging” Europe to maintain sanctions against Russia.
While the US claims the necessity of these sanctions are self-evident
and beneficial to the US and Europe, such campaigns would not be needed
if that were truly the case.
The article titled, “U.S. Sends Envoy To Urge Europe To Maintain Russian Sanctions,” states:
The United States is dispatching an envoy to Paris and Berlin on June
7 and 8 to try to convince European allies “of the importance of
maintaining sanctions pressure on Russia,” the U.S. Treasury said on
June 3. Read More
In response to the latest drunk-driving incident by a US sailor
in Okinawa, the U.S. Naval Forces Japan immediately banned its sailors
from drinking alcohol, on and off base, and said they would be allowed
off base only to “engage in official actions” such as taking their
children to child care or going to the grocery store or gas station.
The decision impacts the 18,600 sailors currently stationed in Japan.
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