Harold Bradley warns: Far More Derivative Exposure Today Than Two Years Ago. He talks about “terrifying” risks.
More about derivatives, and some immediate, huge, repercussions: Tavakoli: Biggest Fraud in the History of the Capital Markets
Have you noticed that the melt value of a lowly Nickel (U.S. Five Cent piece) is now worth more than 120% of face value? It is not too late to stock up, while they are still readily available in circulation at face value.
From The Daily Bell: Doug Casey on the Violence of the Storm, the Destruction of the Middle Class and the Coming Gold Standard
G.G. forwarded this: Three Horrifying Facts About the US Debt “Situation”
Items from The Economatrix:
Chaos Forces US Banks to Halt Repossessions. The buzzword for the foreseeable future will be: Foreclosuregate
“Imbalances” Threaten New Global Meltdown
A Sloppy-Foreclosure Plague Will Destroy America
Wal-Mart Ends Profit Sharing With Employees
US Loses Another 95,000 Jobs in September
IMF: Real Estate Slump Could Last Eight Years
Ambrose Evans-Pritchard: Gold is the Final Refuge Against Universal Currency Debasement