by Paul Mampilly I spent all of yesterday reading news reports on the Ebola situation in Dallas, Texas. I’m deeply concerned about what is going on. Let me explain. The Centers for Disease Control and Prevention (or CDC, an arm of the U.S. government) is claiming that it is 100% certain of containing Ebola to Dallas. But the facts are telling a different story. Having followed other health[...]
Month: October 2014
Implications of an Ebola Pandemic in the US – Could Our Fragile Economy Handle the Shock?
By Michael Snyder For the moment, our top public health officials are quite adamant that there absolutely will not be a major Ebola outbreak in the United States. But what if they are wrong? Or what would happen if terrorists released a form of weaponized Ebola or weaponized smallpox in one of our major cities? What would such an event do to our economy? I think that we can get some clues by[...]
Forget Media Cheerleading and Face Facts – Incomes are Much Lower than You Think
By Alicia H. Munnell The recently released Census Bureau publication Income and Poverty in the United States: 2013confirmed the dismal picture presented in the Federal Reserve’s Survey of Consumer Finances that median household income has not recovered from the financial crisis and the Great Recession. The publication also contains fascinating information on the level and distribution of[...]
One World, One Bank, One Currency – Key to When the Gold Price Takes Off
“The government is very good at making things overly complicated for the purpose of obscuring what’s really going on from the public,” observed hedge fund manager Erik Townsend during our interview in May. He was making a point about the 2008 bailouts. The Federal Reserve played a leading role, applying trillions in paper-clip and rubber-band solutions. The Fed’s balance sheet swelled[...]
TECHNICAL ALERT – Final Push Down In Silver To Set Up Massive Surge Above $100
KWN published an interview today that provides some spectacular charts regarding the silver market. Specifically, how the trading pattern in silver today is very similar to that of the 1970's, which preceded a 3,000% rise in the silver price. As to today's action in the silver market, the interview has this to share... This kind of engineered breakdown and capitulation in silver is what has[...]
The Central Bank Experiment that’s Destroying the Economy
By Addison Wiggin Addison Wiggin: When Janet Yellen gave her first news conference as Federal Reserve chair in March, the media pounced on her for “stumbling”; she was asked how soon they’d start raising the fed funds rate once quantitative easing was over and she said “about six months.” The market freaked out for an hour or so. But what else could she say? Imagine if she’d been[...]