Archive for the ‘Economy’ Category

21 Year Old Store Clerk Killed By An Illegal That The FEDs Failed To Deport

January 28th, 2015

Apolinar AltamiranoAdan Salazar:  Federal authorities had previously declined to immediately deport an illegal alien now accused of shooting a convenient store clerk to death in Arizona, instead opting to release him on bond, reports allege.

Agents with US Immigration and Customs Enforcement decided against deporting 29-year-old Apolinar Altamirano in 2013 after he committed a burglary related offense. Read more…

Economy, Government, Retail

Housing Market Looks to Millenials

January 28th, 2015

homeownersRodney Johnson:  Housing starts in the U.S. were up 8.8% in 2014. That’s the good news.

The bad news is that the growth rate in 2014 was slower than 2013 and 2012. But that’s OK, because home builders are optimistic that 2015 will be fabulous!

They estimate single-family construction starts will zoom ahead by Read more…

Economy, Investing, Real Estate

Ukraine’s Great Energy Deception

January 28th, 2015

gas-pipelineRobert Bensh:  The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality, as Prime Minister Arseniy Yatsenyuk is leading the great deception.  Read more…

Crude Oil, Economy, Europe, Government, Natural Gas, Russia, World News

Oil Crash: Why Our Economy Will Get Progressively Worse

January 27th, 2015

Oil-Price-CrashMichael Snyder:  We are really starting to see the price of oil weigh very heavily on the economy and on the stock market.  On Tuesday, the Dow was down 291 points, and the primary reason for the decline was disappointing corporate sales numbers.  For example, heavy equipment manufacturer Caterpillar is blaming the “dramatic decline in the price of oil” for much lower than anticipated sales during the fourth quarter of 2015.  Even though Caterpillar is not Read more…

Crude Oil, Economy, Investing, Today's Top News

Global Geopolitics And The Oil Price Plunge

January 27th, 2015

Global GeopoliticsAndrew Topf:  In a documentary that aired recently on the Canadian Broadcasting Corporation’s popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily Russian president was described growing up in a shabby St. Petersburg apartment, where he would often corner rats. Read more…

Currency, Economy, Russia, World News

From Inside Moscow: Gold During The Crisis

January 27th, 2015

RussiaLouis James:  Editor’s Note: Dmitriy Balkovskiy is a Russian coin dealer in Moscow we’ve interviewed before. Since the ruble’s crash, he’s witnessed some interesting developments in his country, so we asked him for an update. Read more…

Currency, Economy, Gold, Russia, Silver, World News

Syriza Takes The Austerity Fight To Banksters After Major Win In Greece

January 26th, 2015

GreeceKurt Nimmo:  British Prime Minister David Cameron has reacted to the Greek election and the rejection of globalist austerity measures by saying the victory of Syriza in the Greek general election over the weekend will “increase economic uncertainty across Europe.” Read more…

Banking, Economy, Europe, World News

Syriza, ‘Radical Leftists’ Win In Greece, Is This The Beginning Of The End For The Eurozone?

January 26th, 2015

Euro Doom FlagMichael Snyder:  Radical leftists have been catapulted to power in Greece, and that means that the European financial crisis has just entered a dangerous new phase.  Syriza, which is actually an acronym for “Coalition of the Radical Left” in Greek, has 36 percent of the total vote with approximately 80 percent of the polling stations reporting.  The current governing party, New Democracy, only has 28 percent of the vote.  Syriza leader Alexis Tsipras is promising to Read more…

Banking, Currency, Economy, Europe, Government

Gold And Silver Strengthen As The Global Currency Wars Continue

January 26th, 2015

Stock Market WatchMike Gleason:  European central bankers brought out their monetary bazookas and vowed to load them with more than a trillion euros. That’s the total size of the quantitative easing program announced on Thursday by European Central Bank chief Mario Draghi. The 60 billion euro (or $68 billion) per month bond-buying campaign aims to revive price inflation and stimulate nominal economic growth in the Eurozone. Read more…

Banking, Currency Wars, Economy, Europe, Gold, World News

Biotech And Double Digits

January 25th, 2015

Biotech 2:  After a sell-off in December, investors are starting to pour back into the biotech sector this month at rapid levels. At close of business on Thursday, the Nasdaq biotech index (Nasdaq: IBB) was up 5.81% for the month, while the S&P 500 was crawling back to break even at 0.21%.

Even though the biotech sector has experienced Read more…


The U.S. Dollar And Aircraft Carriers

January 24th, 2015

globe world finance:  It’s funny how things change when the world takes a turn for the worst.

Frackers that initially looked like the next revolution in energy and U.S. oil independence suddenly look bankrupt and uncompetitive when oil prices fall from $115 to $44.

In 2008, junk bond yields spiked from 7.5% to 23.5% as solvent bonds suddenly look Read more…

Bonds, Crude Oil, Currency, Economy, Investing, Military and Police

Pappa John’s Pizza Delivery Driver Shoots Would Be Thief In The Face

January 24th, 2015

PizzaAdan Salazar:  A Papa John’s pizza franchise outside of Atlanta made headlines last week when one of their delivery drivers used a gun to turn the tables on some thieves, but the real story was whether or not the driver would be allowed to keep her job.
Last Saturday, a 27-year-old female driver arrived at a Read more…

Economy, News Of The Weird

Currency Wars: Is Surrender An Option?

January 23rd, 2015

currency-war_cartoonJohn Rubino:  Switzerland, as everyone knows by now, has slipped out the back door of the drunken orgy that is the modern financial system. And the other revelers are wondering if it’s time to find their own clothes and start tiptoeing towards the exit.

Because the Swiss have such a big “mind share” in the world of finance, it’s easy to forget how Read more…

Banking, Economy, Europe, Gold, Inflation/Deflation, World News

The State of the Technology Union

January 23rd, 2015

Global ConnectionAlex Daley:  The Internet has connected the world’s people, companies, and governments like never before. Is it any wonder then that it’s also a major focus for politicians?

In his State of the Union speech on Tuesday, President Obama once again  Read more…

Economy, Government, Technology, Today's Top News

Central Banks All Over The Globe Begin To Repatriate Gold Due To Increased Concerns Of Global Financial Crisis

January 23rd, 2015

Global-Financial-CrisisJeff D. Opdyke:  The great gold repatriation has begun…

Germany’s Bundesbank announced that the country repatriated 85 tons of gold from New York in 2014, far surpassing its previous estimates of 30 to 50 tons — and laying to waste Read more…

Banking, Currency, Economy, ETF, Gold, Precious Metals, Silver, Today's Top News, World News

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