John Rubino: The Eurozone meltdown has sent capital pouring into (temporarily) safe haven currencies like the US dollar (NYSEARCA:UUP), which rose by nearly 12% between October 2011 and August 2012. Read more…
Currency, Earnings, Inflation/Deflation
John Rubino: The idea of a “debt jubilee” — that is, a wide-spread forgiveness of debt as a way to reset the US financial system — has been bouncing around for a while. But it hasn’t gained mainstream traction because it seems, at first glance, to be too simplistic Read more…
Currency, Financials, Precious Metals
Mac Slavo: In the following video commentary Russian General Konstantin P. Petrov (Ret.) asks some interesting questions and includes his own thoughts (perhaps the non-official Russian position) about a variety of topics that include the end of US dollar hegemony, the orchestration Read more…
Currency, Government, World News
U.S. troops available for deployment to fight a full-blown war is 1.4 million, with an additional 2.1 million, if all of NATO were to oblige. Read more…
Currency, Government, Markets, World News
AFTER months of “quanticipation“, the Federal Reserve has finally done it. Ben Bernanke yesterday announced another round of asset purchases. Read more…
Currency, Gold, Government
Jeff Nielson: Regular readers know that going back more than a year now, I have been outlining two, potential (and nearly opposite) scenarios going forward. I indicated that either our economies would plummet into a high-inflation/hyperinflation price-spiral Read more…
Currency, Europe, Financials
A devastating global food crisis unlike anything we have ever seen in modern times is coming. Crippling drought and bizarre weather patterns have damaged food production all over the world this summer, and the UN and the World Bank have both issued ominous Read more…
Agriculture, Currency, Economy, Inflation/Deflation
Mac Slavo: Given that tens of millions of Americans cheered in blissful agreement when a Democratic National Convention promotional video claimed that the only thing we all belong to is the government, it would make perfect sense that everything Read more…
Currency, Gold, Government
The Federal Reserve Board on Monday began the practice of publishing unaudited combined Federal Reserve Bank financial reports on a quarterly basis. This enhancement to the Board’s previous financial reporting procedures will provide Read more…
Currency, Economy, Financials
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