Is Washington Fabricating the Economic Data?

February 16th, 2015

government congressClint Siegner:  Bureaucrats in the U.S.S.R. kept issuing glowing economic reports right up until the Soviet state collapsed.

Of course, many snickered at those reports for years. Widespread poverty and unemployment were obvious and no amount of government bluster obscured that reality. People generally understood that economic reports were little more than another propaganda tool. Read more…

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

As IMF Extends $17.5 Billion Credit To Kiev, Gazprom Demands Debt Repayment

February 16th, 2015

gas-pipelineAndy Tully:  No sooner had the International Monetary Fund (IMF) extended $17.5 billion over four years in new credit to Ukraine, Russia’s private gas giant Gazprom was claiming $2.4 billion of it to settle Kiev’s gas debt.

That’s not exactly what the IMF had in mind. The international lender’s mission chief for Ukraine, Nikolay Gueorguiev, issued a statement on Feb. 13 saying the credit was meant to address “immediate macroeconomic stabilization as well as broad and deep structural reforms to provide the basis for strong and sustainable economic growth over the medium term.” Read more…

Banking, Crude Oil, Economy, Energy, Russia, Today's Top News, World News

Events Impacting Gold And Silver In The Week Of February 16th

February 16th, 2015

Gold And Silver 2:  In this article, we summarize which events in the week ahead could impact the gold price and silver price. At the bottom of the article we explain that these events are generally no fundamental drivers, but mostly the result of trading in COMEX futures. Read more…

Banking, ETF, Gold, Investing, Markets, Silver, Stocks, Today's Top News

North American Energy Integration Could Bring The Planet To Its Knees

February 16th, 2015

Oil and the GlobeMichael Klare:  It’s a ritual long familiar to observers of American politics: presidential hopefuls with limited international experience travel to foreign lands and deliver speeches designed to showcase their grasp of foreign affairs. Typically, such escapades involve trips to major European capitals or active war zones like Iraq and Afghanistan. New Jersey Governor Chris Christie, however, has broken this mold. Read more…

Crude Oil, Economy, Government, World News

Greece Stands Toe-to-Toe With Germany Over Austerity

February 16th, 2015

greece-v-germanyJeff D. Opdyke:  What do you do when you know you can’t win?

Better still, what do you do when you know you can’t win, but you also know your opponent cannot win? And to take it to the ultimate end, what do you do when you know you can’t win, you know your opponent can’t win, and you know that you and your opponent both realize that both of you are in no-win situations? Read more…

Banking, Currency, Currency Wars, Economy, ETF, Europe, Investing, World News

Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80

February 16th, 2015

Oil BarrelMichael Snyder:  This is just the beginning of the oil crisis.  Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel.  In fact, as I write this, it is sitting at $52.93.  But this rally will not last.  In fact, analysts at the big banks are warning that we could soon see U.S. oil hit the $20 mark.  Read more…

Crude Oil, Economy, Energy, Europe, Government, Investing, Today's Top News, World News

Weekly Review For Gold Investors – February 13th

February 15th, 2015

Gold 1:  In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,229.53 down $4.39 per ounce (0.36%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 0.89%. The U.S. Trade-Weighted Dollar Index was 0.61% lower for the week. Read more…

Currency Wars, ETF, Gold, Investing, Markets, Today's Top News

The S&P 500 Closes At New Record, As The Dow Retakes 18,000

February 15th, 2015

Stock Market 1Cris Sheridan:  Stocks ended Friday on a very positive note with not only the Dow crossing back above 18,000 but with the S&P 500 and the Russell 2000 both reaching new record highs. Read more…

Crude Oil, Gold, Investing, Markets, Stocks, Today's Top News

The Feds Unveil Its New Surveillance Tool ‘Memex’, Developed By DARPA To Reveal The Hidden Nature Of The ‘Dark Web’

February 15th, 2015

dark-webMac Salvo:  The so-called “dark web” is where the visible Internet – easily accessible by public search engines and web crawlers – ends, and, everything else begins.

The dark web is an unseen iceberg composing more than 95% of the real activity of the web, where databases, password-protected websites, official records from federal, state and local governments, various intranets, messageboards, website archives, forums and vast catalogues of data all reside. Read more…

Defense, Government, Technology, Today's Top News

The Jimmy Buffett Approach to Pensions and Fiscal Policy

February 15th, 2015

Beach with margarita:  In South Florida there is a constant background theme of everything Jimmy Buffett. His music emanates from stores and restaurants while land shark and parrot-head references abound.

This doesn’t bother me, because I’m a fan of his music, most of which is concerned with sunshine, beach drinks, and enjoying yourself in everyday life. But there’s one line from an old song that haunts me as I read daily financial headlines… “I keep laughing so they don’t pick me.” Read more…

Economy, Government, Investing

Will Technology Save The Fracking Industry?

February 15th, 2015

fracking 2Colin Chilcoat:  The meteoric rise never felt sustainable – the numbers told us that. In 2013, US shale was responsible for approximately 20 percent of world investment in oil, while only supplying four percent of global production. The figures today are even grimmer. Read more…

Crude Oil, Investing, Mining, Technology

The Truth: Illegal Invaders Caused The Measles Outbreak, Not “Anti-Vaxxers”

February 15th, 2015

Vaccine Needle in BottleKarl Denninger:  Editor’s Note: Back in July of 2014, at the height of President Obama’s officially authorized immigration invasion of the southern border, we and others warned that hundreds of thousands of undocumented individuals entering the United States would bring with them any number of communicable diseases. The idea was summarily rejected by the left as hate speech and conspiracy. And though the mainstream media failed to report it, our fears were initially confirmed when the President Read more…

Government, Healthcare, Today's Top News

The American College System: Political Correctness Indoctrination Centers

February 15th, 2015

ZombiesMichael Snyder:  Most parents assume that when they send their kids to college that they will receive training which will prepare them for a lifetime of employment.  Sadly, the truth is that very little time is actually spent imparting practical skills to students at most of America’s colleges.  Instead, an extraordinary amount of classroom time is spent telling students what they should think and what they should believe. Read more…

Education, Government, News Of The Weird

The Future Of America: Smart Meters And The “Internet of Things”

February 15th, 2015

Smart MetersPaul Joseph Watson:  Global security futurist Marc Goodman warns that smart meters may one day be able to detect what television programs people are watching, another example of how the ‘Internet of Things’ threatens to jeopardize privacy.

Goodman, who has previously worked as an adviser to the FBI, the US Secret Service and Interpol, told Singularity Hub’s Jason Dorrier that the widespread implementation of the ‘Internet of Things’ could lead to “catastrophic consequences,” such as cars being remotely hacked and made to crash. Read more…

Consumer, Economy, Government, Technology, Today's Top News

Sernova Is Positioned For Prime Time

February 15th, 2015

pharmaceuticals Regenerative medicineRichard (Rick) Mills:  “Regenerative medicine research translates fundamental knowledge in biology, chemistry and physics into materials, devices, systems and a variety of therapeutic strategies, which augment, repair, replace or regenerate organs and tissue.

Cell-based therapies represent the most mature sub-sector of regenerative medicine, and at this point, hundreds of thousands of patients around the world have been treated with these therapies. Read more…

Healthcare, Investing, Pharmaceuticals

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