“That Couldn’t Possibly Be True”: The Startling Truth About the US Dollar

February 28th, 2015

Dollar worm holePaul Rosenberg:  For years I had heard people talking about “the fraud of the Federal Reserve.” But I was busy trying to survive and the dollars I was paid with bought food at the grocery store, so I didn’t give those reports a great deal of attention.

The more I began to study economics, however, the more I understood that this was an essential issue: Read more…

Banking, Earnings, Economy, Federal Reserve, Government, Today's Top News

Greenspan: “Demand As Weak As During The Depression”

February 28th, 2015

alan-greenspanAndre Sealy:  This is interesting news, as we approach tomorrow third GDP revision for the Q4. Personal consumption expenditures increased greater than expected, as it was originally predicted that the boost from the gasoline tax cut would boost PCE in Q1 2015. Despite gains in consumer spending, the economy fails to make significant gains in GDP. Read more…

Banking, Economy, Federal Reserve, Markets

Commodity Companies with the Disruptive Advantage

February 27th, 2015

GearsJT Long:  Globetrotting Chris Berry, founder of House Mountain Partners, finds most retail and institutional investors sitting on the sidelines waiting to see where the energy sector is headed before jumping back into the game. Game-changing disruptive technologies or sustainable end-user agreements are what companies need to succeed and he shares some likely names in the cobalt, lithium, nickel, graphite—even uranium—spaces Read more…

Commodities, Energy, Investing, Stocks, Technology

Going for Mexican Gold

February 27th, 2015

Brazil, Minas Gerais state, Ouro Preto, gold nugget from a mine (Gold Route, Estrada Real)Scott Wright:  Mexico’s massive precious-metals belts are some of the world’s finest.  As global #1 in silver production they are obviously quite well known for the shiny-white metal.  But these belts have also been flexing their gold muscles recently, placing Mexico among the world’s top-10 producers. Read more…

Gold, Investing, Mining / Drilling, Precious Metals, Silver

Gold and Silver ‘Seat Belt’ – Buckle Up!

February 27th, 2015

gold silver 600X300David H. Smith:  In just about every state, it’s the law that you must wear a seatbelt when driving down the road. Putting aside the question of whether the government should mandate this, most of us understand that the reasons for individually choosing to do so are valid.

It’s been a long time since I’ve been in an accident, but it’s a habit to buckle up every time I get into the car. I don’t look back at my most recent trip and think “Gee, so far nothing has happened. So why did I bother wearing my seatbelt for all those years?” Read more…

Banking, Currency, Currency Wars, Economy, Gold, Government, Silver

Obama’s War On Ammo: 5 Facts That Prove He Hates The 2nd Amendment

February 27th, 2015

Ammo BanAdan Salazar:  In light of the Obama administration’s move to outlaw ammo for one of the nation’s most popular rifles, a look back at the president’s various promises to dismantle the Second Amendment is in order.

Today we learned that the Bureau of Alcohol, Tobacco, Firearms and Explosives would be re-categorizing M855 AR-15 ammo as “armor piercing rounds,” despite the ammo containing lead which should exempt it from the law’s classification. Read more…

Government, News Of The Weird, Today's Top News

100 Years And 100 Reasons To Shut Down The Federal Reserve

February 26th, 2015

Federal ReserveMichael Snyder:  Janet Yellen is very alarmed that some members of Congress want to conduct a comprehensive audit of the Federal Reserve for the first time since it was created.  If the Fed is doing everything correctly, why should Yellen be alarmed?  What does she have to hide?  During testimony before Congress on Tuesday, she made “central bank independence” sound like it was the holy grail.  Read more…

Banking, Currency, Economy, Government, Stocks, Today's Top News

The Odds Of A War Between Israel And Iran Just Went Way Up

February 26th, 2015

JetsMichael Snyder:  Uh oh – Iran just got caught with both hands in the cookie jar.  It turns out that even while Iran has been negotiating a “historic peace deal” with the western world, it has been secretly operating a huge underground nuclear enrichment site that it didn’t tell anyone about.  But this is what the Iranians always do.  They lie, lie and then lie some more.  Read more…

Government, Military and Police, Today's Top News, World News

Talking ETFs And Stocks With Deron Wagner

February 26th, 2015

Stock Market NasdaqDeron Wagner:  Stocks closed in mixed territory with minimal gains and losses. Heavy volume selling in $AAPL put pressure on the Nasdaq 100, which closed with it’s first loss in a few weeks after a failed breakout attempt above the two-day high.

Not much to talk about in terms of broad market price action, as all major averages are in trend mode and above the rising 10-day MA, while avoiding bearish distribution days. Read more…

Biotechnology, ETF, Investing, Stocks, Today's Top News

The War On Preppers: Obama Bans Ammo For The Most Popular Rifles In America

February 26th, 2015

barack obamaMichael Snyder:  Because he can’t get Congress to approve the things that he wants to do, Barack Obama has apparently decided to rule by decree for the rest of his time in the White House.

One of Obama’s latest moves is to try to ban some of the most popular ammunition for the most popular rifle in America.  Read more…

Economy, Government, Military and Police, Today's Top News

The Next Step in ‘Dollars’?

February 26th, 2015

Currency GlobeAlhambra Investment Partners:  I continue to believe that the Swiss National Bank’s action on January 15 opened a “release valve” of sorts inside the world of the global “dollar.” Prior to that day, heightened bearishness all throughout dollar-denominated credit dominated trading. That included funding markets, especially eurodollars. Read more…

Banking, Currency, Currency Wars, Europe, World News

If Debt Was The Problem…

February 25th, 2015

Debt on backJohn Rubino:  Confounded Interest just posted a nice summary of a McKinsey report on the growth of global debt during what some persist in calling the “great deleveraging.” Turns out that since the crisis of 2008, debt has actually risen by $57 trillion, and the ratio of debt to GDP is up 17 percentage points to 286%. Meanwhile, central banks are monetizing 100% of newly-issued sovereign debt. Read more…

Banking, Currency, Currency Wars, Economy, Financials, Government

Government In Action: Why ‘Net Neutrality’ Is A Trojan Horse For Obama’s Web Takeover

February 25th, 2015

Internet Globe 2Paul Joseph Watson:  The federal government is about to seize control of the Internet and most Americans don’t even know about it.

Read more…

Government, News Of The Weird, Technology, Today's Top News

A New Way to Hold Gold (2015 Update)

February 25th, 2015

Currency AurumAdam Taggart:  What if you could carry and exchange gold in the exact same manner as you do with the dollar bills in your wallet?

Last year, we introduced the precious metals community to a company called Valaurum, which has develovped a technology that’s making this possible. Read more…

Currency, Currency Wars, Economy, Gold, News Of The Weird

Who Decides What Is Money?

February 25th, 2015

gold-dollar-billsJohn Rubino:  During a 2011 congressional banking subcommittee hearing, Texas congressman Ron Paul asked Federal Reserve Chairman Ben Bernanke if gold is money. “No,” replied Bernanke, “It’s an asset.” Video of this exchange went viral in the gold-bug community, because the difference between money and an asset is, to people who care about such things, both profound and crucial to the future of the global financial system. Read more…

Currency, Currency Wars, Gold, Government, News Of The Weird, Precious Metals

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