By Michael Snyder, on November 16th, 2014 Did you know that some Americans are being hit with health insurance rate increases of more than 500 percent? Taking advantage of "the stupidity of the American voter", the Democrats succeeded in ramming through one of the worst pieces of legislation that has ever come before Congress. The full implementation of Obamacare has been repeatedly delayed, but [...]
Tag: Economic Crisis
Gold Price Forecast Per US Federal Reserve Balance Sheet
By Vronsky Since 1999 the gold price has moved in concert with the growth in the US Federal Reserve Balance Sheet…including the recent correction in both during the past three years. Accordingly, the following objective analysis will forecast the gold price out to 2016…based solely on historical Central Bank data. The above chart estimates two Balance Sheet growth rates from 2012-2016[...]
The World Is Run By Fools, And We Let Them
by Raúl Ilargi Meijer Dumb and Dumber To, the sequel after 20 years, was released recently. Unfortunately for Jim and Jeff and the Farrelly brothers, unintended humor will always be funnier than the scripted kind, no matter how hard Hollywood tries. Case in point: the Dumber slapstick was easily upstaged over the past few days by the G20 summit in Brisbane. Not only did the pedantic[...]
This Will Dislocate Every Market In The World – David Stockman
Today David Stockman warned King World News about what he says will dislocate every market in the world, including stocks, bonds, commodities, and real estate. KWN takes Stockman’s warnings very seriously because he is the man former President Reagan called on in 1981, during that crisis, to become Director of the Office of Management and Budget and help save the United States from collapse.[...]
Putin Stockpiles Gold as Russia Prepares for Economic War – London Telegraph & World Gold Council
Russia's central bank added to its reserves of bullion in the third quarter, according to the latest report from the World Gold Council Russia has taken advantage of lower gold prices to pack the vaults of its central bank with bullion as it prepares for the possibility of a long, drawn-out economic war with the West. The latest research from the World Gold Council reveals that the Kremlin[...]
Putin Is About To Rock The Gold, Oil & Currency Markets
from King World News Today a legendary trader and investor, who recently called the bottom in the U.S. stock market with remarkable precision, gave King World News a stunning interview where he laid out exactly how Russian leader Vladimir Putin is about to rock the gold, oil, and currency markets. Victor Sperandeo has been in the business 45 years, and has worked with famous individuals such as[...]
China hoarding gold to challenge U.S. dollar? – USA Today
by Eric McWhinnie, The Cheat Sheet USA Today In a world filled with fiat currencies, how important is gold’s role in the financial system? Proponents often view the precious metal as a hedge against economic chaos, while critics typically claim gold is hardly more than an unproductive rock. Interestingly, some countries appear to believe gold is quite important, and one former Fed chair[...]
US Economic Growth is All an Illusion
by John Crudele New York Post As voters were coming out of the polls on Tuesday, pesky reporters were asking why they voted the way they did — and what was going through their heads? The most popular response — from 45 percent of the voters — was the economy. Only 28 percent said their families were doing better financially. The economy is always the major issue in an election during[...]
American Financial Markets Have No Relationship To Reality — Paul Craig Roberts and Dave Kranzler
American Financial Markets Have No Relationship To Reality Paul Craig Roberts and Dave Kranzler As we have demonstrated in previous articles, the bullion banks (primarily JP Morgan, HSBC, ScotiaMocatta, Barclays, UBS, and Deutsche Bank), most likely acting as agents for the Federal Reserve, have been systematically forcing down the price of gold since September 2011. Suppression of the gold[...]
Jim Grant – Gold’s Near 4-Year Lows Are the Perfect Set Up For Investing – VIDEO INTERVIEW
Nov. 03, 2014 – 4:24 – Grant’s Interest Rate Observer Founder James Grant on whether gold is a good investment, and when the Fed will likely raise interest rates. Grant Video Interview on Fox Business[...]