In case you missed seeing it, there was a good summary documentary released in 2012: Overdose: The Next Financial Crisis Items from The Economatrix: Prepare For What’s Coming: “The Largest Financial Collapse This Planet Has Ever Seen” Is The Federal Reserve Looking At Monetizing Student Loan Debt? Paul Craig Roberts: Federal Reserve And Wall Street Assassinate US Dollar
Under Obama, Your Electricity Costs Have Already Necessarily Skyrocketed Peter Schiff: Another Bubble Set to Burst Items from The Economatrix: Four Fantastic Charts Showing Gold Is Nearing A Major Turn Trickle Down Economic Recovery: Monetary Expansion, Excess Bank Reserves, And Leftovers For Main Street Gold Price Trend Forecast Into the End Of 2013
Ron Paul: “The Fed Steals From The Poor And Gives To The Rich” Banks Syphoning Off The Financial Blood Of Their Customers Today’s Wealth Destruction Is Hidden By Government Debt Items from The Economatrix: U.S. Retail Sales Accelerate In October Dow Ends Above 16,000 For First Time, Boosted By Data China Announces That It Is Going To Stop Stockpiling U.S. Dollars
Reader R.K.D. sent: Fed’s Tarullo details plans to counter bank runs Blogger Mike “Mish” Shedlock is Fined €8,000 Euros by France for Freedom of Speech Items from The Economatrix: US Existing Home Sales Fall 3.2 Percent in October Declining Prices Of U.S. Homebuilder Stocks An Indicator Something Not Right With Housing Market Jim Rogers On QE, Currency Wars, Gold And Inflation
ECB Calling U.S. Out on Its QE Mistakes I heard about a bullion coin company that has launched a retail web site with competitive prices: Upstate Coin & Gold. They sell nationwide. Over at The Daily Bell: Bitcoin: Hoping for the Best After Bernanke’s Endorsement Items from The Economatrix: Warning – NSA To Oversee Individual Bank Accounts & Wealth Fed Could Taper Even Without Strong Job Market U.S. Retail Sales Signal Rise In Demand; Inflation Tame
J. McC. sent: Guess The Profit Margin Courtesy of B.B.: Marc Faber: The Financial Sector Is The Bubble The Most Important Video You Will Watch Today – Deflation Before Hyperinflation Items from The Economatrix: Bernanke: Recent Jobs Reports Are ‘Disappointing’ Fake Employment Numbers – And Five More Massive Economic Lies The Government Is Telling You Collecting Donations For Wal-Mart Employees That Cannot Afford Thanksgiving Dinner? Establishment Proposes: “Have the Government Give Every Adult a Basic Income”
Report: Government redistributes more than $2 trillion in one year Marc Faber Exposes The Consequences Of A Dysfunctional Political System Foreign Purchases Of US Securities Drop To New Post-Lehman Low Items from The Economatrix: The Red Queen’s Race And The Real Winners From Quantitative Easing: Celebrating The Five Year Anniversary Of Redistributing Wealth To The Top. Bernanke Says Economy ‘Still Far’ From Ideal Why Were Foreigners Large Net Sellers Of US Assets In September?
Reader J.B.G. sent: Silver Eagle Record Set: 40 Million Ounces! H.L. spotted this: Treasury Forced to Issue $1Trillion in New Debt in First 6 Weeks of FY14. Pierre M. suggested this over at Zero Hedge: Money Doesn’t Exist Items from The Economatrix: Will Dry Shipping Cool Off Before it Heats Up Again? Four Debt Collection Practices That Need to Change 2% growth will end U.S. as ‘country of opportunity’
The Biggest Money Printing Of All Time Bitcoin market value now exceeds $750 per BTC. (And the Feds sound nervous…) Items from The Economatrix: Factory Production Rises 0.3% In October Cutting Back On Christmas? 90 Years Ago: The End Of German Hyperinflation Several readers mentioned this: Census ‘faked’ 2012 election jobs report
In today’s economic environment, spot silver below $21 per Troy ounce is a bargain. For those who don’t consistently make dollar cost averaged silver purchases, this is a good time to hedge into physical silver. Some clips from the 2013 Sovereign Man Offshore Tactics Workshop, Santiago: Violent Revolution coming to Europe; Ron Paul, Nigel Farage, Jim Rogers Cue up an Asian rendering of Carmina Burana or some other ominous doom music: Canadian Province Issues Offshore Yuan-Denominated Bonds. (Thanks to AmEx for the link.) Ann Barnhardt: The Survival of Civilization Depends on You. Venezuela jails 100 ‘bourgeois’ businessmen in crackdown. (Thanks …
It appears that Federal Reserve Governor Janet Yellen will be taking over as Fed Chairman soon. (Although, I suppose that in the politically correct Newspeak, she will ignominiously be called a “Chair.” ) As she assumes command of that soiled centenarian private banking cartel, all that I can say to her is: Welcome to the Crack House. Back in April of 2012, I wrote: “Remember when I compared Quantitative Easing debt monetization to crack cocaine addiction? It appears that Tim Geithner and Ben Bernanke have moved up to the level of co-dependency and are only one step away from collapsing …
Inside Coin’s techie vision for the all-in-one credit card. Sovereign Man: No inflation to see here…. C.I.A. Collects Global Data on Transfers of Money Items from The Economatrix: As Goes Wal-Mart, So Goes Global GDP? The Two-Income Trap For Americans: How Dual Income Households Are A Financial Necessity In A Time When The Median Per Capita Wage Is $27,000. How China Can Cause The Death Of The Dollar And The Entire U.S. Financial System
G.G. sent us this: ECB’s Praet: All Options on Table Central Bank Could Adopt Negative Deposit Rate, Asset Purchases If Needed Reader Jeff H. mentioned this satire: The Affordable Horse Act (AHA) R.B.G. liked this piece by Karl Denninger: Obamacare: 106,185 Citi Warns “Fed Is Kicking The Can Over The Edge Of A Cliff” Items from The Economatrix: I will lose my jobless benefits by year end Gas under $3 – coming to a station near you Economy Not As Strong As It Appears
Number of U.S. expatriations reaches record high in 2013 US Treasury: Ramps Up The Zimbabwe Style Printing Press. (Thanks to J.B.G. for the link.) And speaking of Zim: Zimbabwean government demands cash from churches Items from The Economatrix: The Two-Income Trap For Americans: How Dual Income Households Are A Financial Necessity In A Time When The Median per capita wage is $27,000. U.S. Dollar and Treasury Bonds are Dead – Dr. Jim Willie
RBS: “The Fed Is Now Responsible For Monetizing A Record 70% Of All Net Bond Supply” Mike Maloney: Expect First Real Deflation, Then Hyperinflation Reader C.D.V. spotted this: Bill would outlaw U.S. dollar in Russia Items from The Economatrix: Richard Russell – Frightening Hyperinflation Coming To US Federal Reserve Whistleblower Tells America The REAL Reason For Quantitative Easing Three Warning Signs Of A Potential Bloodbath Ahead