Full story here from Jim Willie a/k/a the Golden Jackass. Your bonus multimedia here.
Many observers to the wild gyrations, deep contortions, extreme measures, and other bizarre activity in the government and banking arenas are suffering from severe confusion. The public is alarmed, even frightened, by the sequence of events, without much benefit of comprehension of [...]
Check this out: Gold went up to 3401.50?!?!?!?
http://finance.yahoo.com/q?s=GCU10.CMX
Gold Sep 10
(COMEX: GCU10.CMX)
Last Trade:
1,236.60
Trade Time:
2:16PM EDT
Change:
1.30 (0.11%)
Prev Settlement:
N/A
Open:
1,237.10
Bid:
1,237.30
Ask:
1,237.40
Day’s Range:
1,234.00 -3,401.50
Volume:
0
Open Interest:
N/A
Session:
Exp. Date:
N/A
Full story here from ZeroHedge. And now for something completely different.
How Wall Street Died
Let me take you back to the fall of 1999. I was a senior in college without a clue what I wanted to do with my life. Wall Street was in a boom and seemed exciting.
Full story here from Jim Willie.
History is being made. The American public has never been no nervous, perhaps fearful of something dreadful and imminent. The global monetary system is crumbling. The typical stimulus has failed to jumpstart the USEconomy. The 20 months of near 0% short-term official interest rate has failed to revive the moribund [...]
Full story here from Doug Casey.
As the world sinks deeper into what he calls the Greater Depression, Casey Research Chairman Doug Casey sees default on the U.S. national debt as inevitable—albeit probably in the guise of currency destruction. He anticipates further contraction in real estate, particularly on the commercial front. As long as stocks remain [...]
Full story here from Jim Willie a/k/a The Golden Jackass. Jim usually writes about once every couple of weeks. Now, as a result of financial foment, I’m seeing him once or twice a week. Non-financial interlude here.
The article of July 22nd on “Smoking Guns of USTreasury Monetization” hit more desks, raised more dust, and brought more [...]
Full story here. My favorite perma-bear with the sexy Swiss accent.
Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said the US Federal Reserve will create a “final crisis” by continuing to print money because it is underestimating the strength of the economy which shows no signs of stenghtening but signs of [...]
You can see the interview here. A fabulous bombshell of data on precious metal market manipulations, politics, finance and conspiracy. My kind of stuff.
Full story here from The Golden Jackass.
Double Dip used to pertain to ice cream cones, but now to dreaded return to economic recession. Green Shoots used to refer to gardening projects, then to deceptive economic viewpoints. My favorite is the second half recovery mantra, indicative of totally clueless. This year’s promised recovery in the second [...]
Full story here from Paul Craig Roberts.
It was 2017. Clans were governing America.
The first clans organized around local police forces. The conservatives’ war on crime during the late 20th century and the Bush/Obama war on terror during the first decade of the 21st century had resulted in the police becoming militarized and unaccountable.