Reported by Fox News October 15, 2014 The second nurse infected with Ebola at a Texas hospital was identified Wednesday as 29-year-old Amber Vinson, while authorities expressed concern that she took a domestic flight — reportedly to prepare for her wedding in Cleveland — just one day before coming down with symptoms of the deadly disease. "The second health care worker should not have been [...]
Month: October 2014
9 Ominous Signals Coming From The Financial Markets That We Have Not Seen In Years
By Michael Snyder, on October 14th, 2014 Is the stock market about to crash? Hopefully not, and there definitely have been quite a few "false alarms" over the past few years. But without a doubt we have been living through one of the greatest financial bubbles in U.S. history, and the markets are absolutely primed for a full-blown crash. That doesn't mean that one will happen now, but we are[...]
A Win-Win Scenario for Gold Investors – Their Time Has Come
Volatility and price drops may be nerve wracking, but the bull market in gold is far from over. In fact, it has barely begun. To understand why, it helps to look at two prior episodes in the relationship of gold and money that are most relevant to today. These episodes were a period of extreme deflation, the 1930s, and a period of extreme inflation, the 1970s. History shows that gold does well[...]
Why Is the Put-Call Ratio (Fear Gauge) Higher Than in the Lehman Collapse of 2008?
by Charles Hugh Smith - October 14, 2014 The rising fear may reflect a shift in sentiment from faith in the omnipotence of central banks to skepticism. Editors Note - The US Dollar is strictly a faith based currency "full faith and Credit." Once this delusion is lost, life in the US enters a realm unimagined by the unprepared masses...and precious metals go to the moon. By at least one[...]
12 Charts That Show The Permanent Damage That Has Been Done To The U.S. Economy
By Michael Snyder Most people that discuss the "economic collapse" focus on what is coming in the future. And without a doubt, we are on the verge of some incredibly hard times. But what often gets neglected is the immense permanent damage that has been done to the U.S. economy by the long-term economic collapse that we are already experiencing. In this article I am going to share with you 12[...]
Richard Russell – Endless Propaganda & A Horrifying Endgame
Today the Godfather of newsletter writers, 90-year old Richard Russell, condemned the endless propaganda coming out of the United States and the Federal Reserve, and also warned about this bear market will be about the end of fiat money. The 60-year market veteran also covered gold, silver, stocks, China, the U.S. dollar and more. Russell: “I suspect that we’ve been hearing an awful lot of[...]
Is This The Start of The Long-Awaited Correction or Something Even Worse?
U.S. stocks sold off sharply last week, continuing the rout that began in late-September. Since the market’s peak, the SP500 fell 5.6 percent, the Dow lost 4.7 percent, and the Nasdaq Composite dropped 7.3 percent. A panoply of concerning factors combined to send jitters through the global financial markets over the past month: Tightening U.S. monetary policy (the end of QE3 and upcoming Fed[...]
“Prepare For Runs”, IMF Warns Policymakers Of “Elevated Financial Stability & Liquidity Risks”
The extended period of monetary accommodation and the accompanying search for yield are leading to credit mispricing and asset price pressures, increasing the chance that financial stability risks could derail the recovery. Concerns have shifted to the shadow banking system, especially the growing share of illiquid credit in mutual fund portfolios. Should asset markets come under stress, an[...]
War against Isis: US Air Strategy in Tatters as Militants March On
World View: American-led air attacks are failing. Jihadis are close to taking Kobani, in Syria – and in Iraq western Baghdad is now under serious threat America's plans to fight Islamic State are in ruins as the militant group's fighters come close to capturing Kobani and have inflicted a heavy defeat on the Iraqi army west of Baghdad. The US-led air attacks launched against[...]
Wall Street’s Dohmen: The ‘Specter’ of Global Recession Is Very Real
By Melissa Clyne The world economy is headed into a recession but “naïve money managers” and others seem to be oblivious about what’s happening, financial expert Bert Dohmen said Friday on Newsmax TV's “America’s Forum.” He also discussed the turmoil in the markets after the Dow’s Thursday drop of more than 300 points as well as the effect of the Ebola crisis on the global[...]