Waking Up For Beginners: They Warned Us! Maybe Now You Will Listen!

Added: 27.05.2011 Don’t miss: - Rep. Ron Paul: ‘The Fate Of The American Republic Is Now Sealed’ (May 25, 2011) - US: House Passes Authority for Worldwide War (ACLU) (May 26th, 2011) continue reading world news

Ruined: Ireland May Need More EU/IMF Cash: Minister

Related info: - Former Assistant Secretary of the US Treasury Dr. Paul Craig Roberts: Revolution is the Only Answer (For Greece, Ireland etc.) - Irish Bombshell: Government Raids PRIVATE Pensions To Pay For Spending! - True Finns Party Chairman: Greece, Ireland and Portugal Ruined; Gangrene Spreads; Enron Looks Simple; Spain Next Zombie - And Now: [...] continue reading world news

Silver Price Manipulation: JP Morgan -v- Bunker Hunt — HSBC And JP Morgan Held Massive 85% Of Silver Shorts

Related info: - The True Story Of Nelson Bunker Hunt Added: 25.05.2011 Australia’s leading television broadcaster has compared JP Morgan as silver price manipulators similar to Bunker Hunt in the late 1970′s, with one major difference. JP Morgan has a concentrated short position to drive the silver price lower. Bullionmark CEO, Mark van der Sluys, [...] continue reading world news

‘Insider Trading Laws Don’t Apply To Members Of Congress’

- How to Beat the Market: Follow the Trades of 19 Senators on the Senate Armed Services Committee Who Own Stocks on Prohibited List (May 27, 2011): Want to beat the market? Here’s how: Take the investment picks of Congress. A reader sent me an email from Stansberry & Associates, that purports just that: In [...] continue reading world news

Welcome To Hyperinflation Hell: Following Currency Devaluation, Belarus Economy Implodes, Sets Blueprint For Developed World Future

Before: - Belarus Devalues Its Currency By 56% Overnight, Against Every Currency Out There Got gold and silver? “A ‘91-style meltdown is almost inevitable.” So says Alexei Moiseev, chief economist at VTB Capital, the investment-banking arm of Russia’s second-largest lender, discussing the imminent economic catastrophe that is sure to engulf Belarus following the surprise devaluation [...] continue reading world news

Presenting The Fed’s Slogan: ‘Making It Harder To Feed Your Family For 98 Years And Counting’ – At This Rate, The Dollar Will Have Negative Purchasing Power In UNDER 10 Years

One of the side effects of the overarching “price stability” mandate of the Fed, it turns out, is the fact that since its inception, food and pretty much all other commodity prices have, well, gone up non stop. All of this, of course, is courtesy of the relentless loss of dollar purchasing power, shown below [...] continue reading world news

Belarus Devalues Its Currency By 56% Overnight, Against Every Currency Out There

“The question is: under whose speculative decisions did the National Bank make this choice?” - Belarus Just Devalued Its Currency By 56% (ZeroHedge): When it comes to currency warfare, one can be polite and gentlemanly about it, like Brazil for instance, which every day, and sometimes on several occasions during the day, will proceed to [...] continue reading world news

Former US Budget Director David Stockman: ‘Both Parties And The White House Are Advocating A US Default’ (Video)

Last week David Stockman was on Tom Keene, making the usual media rounds (sometimes we marvel at his patience and endurance), as one of the few voices of fiscal prudence available to TV producers who seek to hold a balanced debate on the topic of US insolvency. Today, Reagan’s budget director was again on Bloomberg [...] continue reading world news

Utah: Gold, Silver Coins Now To Be Legal Currency

- Gold, silver coins now to be legal currency in Utah (AP, May 22, 2011): SALT LAKE CITY — Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being “as good as gold.” To make that point, they’ve turned it around, and [...] continue reading world news

The Extended Confessions Of Economic Hit Man John Perkins (Video)

Books from John Perkins: Amazon.com: - Confessions of an Economic Hit Man - The Secret History of the American Empire: The Truth About Economic Hit Men, Jackals, and How to Change the World???? - Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded–and What We Need to Do to Remake Them Amazon.de: [...] continue reading world news

US Government Raids Civil Service Pension Fund As It Hits $14.3 Trillion Debt Limit

The US has suspended payments into a civil service pension fund to free up almost $150bn (£92bn) as the major debtor nation approaches its legal borrowing limit. Congress needs to raise the legal debt ceiling, which will require Republicans and Democrats reaching agreement over an issue that bitterly divides them Photo: Reuters Timothy Geithner, the US [...] continue reading world news

US $14.3 Trillion In Red, Hits Debt Limit, Treasury Must Stop Borrowing

- $14.294 trillion in the red, so US Treasury must stop borrowing (Independent): After months of hand-wringing, the US Government has reached its debt limit, forcing lawmakers to embark on a series of emergency measures to prevent public finances from going into immediate default. A tranche of roughly $72bn in bonds and notes issued by [...] continue reading world news

Peter Schiff: ‘You Are Going To See Riots In The Streets’

Added: 17.05.2011 continue reading world news

JP Morgan’s Hunt For Afghan Gold … With Help From The Pentagon

Wait, there is more: - Afghanistan Discovers 1.8 Billion Barrel Oilfield (Reuters): Afghanistan hopes that untapped mineral deposits valued at $3 trillion could help reduce the need to rely on Western cash for bankrolling its impoverished economy and for its soldiers to maintain security when foreign troops draw down numbers. Flashback: - Former UK ambassador: [...] continue reading world news

TEPCO Admits 3 Nuclear Reactors May Have Melted Down

May 16 (Bloomberg) — Tokyo Electric Power Co. said fuel in other reactors at its damaged nuclear plant may have melted, after confirming rods in the No. 1 unit had fallen from their assembly, potentially delaying plans to resolve the crisis. “The findings at the No. 1 reactor indicate the likelihood that the water level [...] continue reading world news

Army Corps of Engineers Opens Morganza Spillway, A Major Mississippi River Flood Gate

- Army Corps opens Louisiana spillway to avert flood possibility (Salt Lake Tribune): New Orleans — In a last-ditch move to relieve stress on levees burdened by floodwaters, the Army Corps of Engineers opened a major Mississippi River flood gate on Saturday for the second time in nearly 40 years, funneling water toward farmland and [...] continue reading world news

Greece Appeals To Brussels for More Financial Aid (05/09/2011) – Update: EU To Give More Billions To Greece (Handelsblatt)

Update: More (‘Weimar Republic’) EU billions for Greece!: - Eurozone gesteht Athen weitere Milliarden zu (Handelsblatt): Griechenland kann in den kommenden zwei Jahren mit einem weiteren zweistelligen Milliarden-Darlehen der Eurostaaten rechnen. Das erfuhr das Handelsblatt aus Eurozonen-Kreisen in Brüssel. Die genaue Höhe des zusätzlichen Darlehens ist noch offen, in Brüssel wird von einem Betrag von [...] continue reading world news

US House Prices Suffer Biggest Quarterly Fall Since Lehmen Collapse

Recovery is the Greatest Depression! US house prices have suffered their biggest quarterly fall since the collapse of Lehman Brothers, underlining the scale of the headwinds still facing the world’s biggest economy. Average house prices slumped 3pc in the first three months of this year, a decline that pushed the number of homeowners in negative [...] continue reading world news

Matt Taibbi: The People vs. Goldman Sachs (Rolling Stone)

We will always remember this: - Goldman Sachs CEO Lloyd Blankfein: I’m doing ‘God’s work’. And doing God’s work is rewarding: “Lloyd C. Blankfein, Goldman’s chief executive, for example, has cashed in a total of $93.8 million in shares since 1999, a number that captures both known stock sales since he became an officer at [...] continue reading world news

True Finns Party Chairman: Greece, Ireland and Portugal Ruined; Gangrene Spreads; Enron Looks Simple; Spain Next Zombie

However, Prof. Nouriel Roubini said neighboring Spain, Europe’s fourth-largest economy, is “too big to bail out.” Prepare for collapse, because it’s coming. True Finns party chairman, Timo Soini launched the most scathing and accurate attack yet against Jean-Claude Trichet, Jean-Claude Junker, and the ECB for its policy raping taxpayers of various countries to pay back [...] continue reading world news

Hong Kong Mercantile Exchange’s 1 Kilo Gold Contract To End Comex Gold Futures Trading (And ‘Bang The Close’) Monopoly

‘BTFD!’ (Buy the f****ing dip!) (… but only in the form of physical gold and silver.) 30 years ago, Bunker Hunt, while trying to demand delivery for virtually every single silver bar in existence, and getting caught in the middle of a series of margin hikes (sound familiar), accused the Comex (as well as the [...] continue reading world news

Greece: ‘Only Tourism Can Save Our Bankrupt Land’

See also: - Greece Considers Exit from Euro Zone: Athens Mulls Plans for New Currency (Spiegel) Tourism will not be the answer during the ‘Greatest Depression’. With debts of €340bn, Greece is turning to its cultural heritage to attract a better class of visitor and make tourism the engine of the Greek economy Tourists relax [...] continue reading world news

The True Story Of Nelson Bunker Hunt

The Hunt Brothers Over 30 years ago, a man by the name of Nelson Bunker Hunt hatched the perfect plan: protect his inherited wealth (which then was one of the largest legacy fortunes in the world) from the inflationary destruction of “paper” assets by converting his assets into silver, and in the process cover the [...] continue reading world news

Greece Considers Exit from Euro Zone: Athens Mulls Plans for New Currency

To the people of Greece: If I were you I would buy physical gold and silver NOW to protect my assets. This is a great investment opportunity: - Mike Krieger of KAM LP on Gold And Silver, Exposes ‘The Big Lie’ Here are the ‘dire’ consequences of leaving the euro and the EU: - Why [...] continue reading world news

And So It Continues: Another 92,000 Ounces In Physical Silver Withdrawn From Comex (Despite Historic Paper Collapse)

At this rate, tomorrow, for the first time, we will see a 32 handle in Comex registered silver ounces, where apparently despite the massive drubbing in paper silver, demand for physical inexplicably persists. Speculators to be blamed for this in 5…4…3… Longer-term: Submitted by Tyler Durden on 05/05/2011 19:00 -0400 Source: ZeroHedge See also: - [...] continue reading world news

US Food Stamp Recipients Hit New Record – 400 Americans Account For 10% Of ALL Capital Gains

See also: - Warren Buffett’s $600 Million INTEREST-FREE Loan From US Taxpayers Or How The Wealthiest Americans Enrich Themselves At Taxpayers Expense (Yahoo Finance) May 03 — Today SNAP released the most recent food stamp numbers. Not surprisingly, we just saw another all time high 44.2 million poverty-level Americans relying on government funding for day [...] continue reading world news

US Dollar Collapse Index Is Getting Ready To Break Below Its March 2008 Record Low Of 72.165

This article is from Feb 28, 2011: - Guru Insight; U.S. Dollar collapse?: “The dollar right now is hanging on the precipice. If we break below 77 on the Dollar Index, look out below,” said Turk. “I don’t think people really appreciate how scary the dollar chart is here, or how ominous the implications really [...] continue reading world news

Another Day, Another All Time High: Gold At $1,544.9

Hopefully at this point nobody is surprised why at this rate gold will pass $1,600 within a month, silver may be $100 by the end of the year, and the dollar will be worthless, in order, to paraphrase Bernanke, reincarnate it in a fresh start version of itself, following the refinancing of all US private [...] continue reading world news

Gold-Buying Central Banks Signal Bullion Extending Record Price Rally

See also: - China Proposes To Cut Two Thirds Of Its $3 Trillion In USD Holdings! - As The Japanese Government Pension Fund Announces Commencement Of Asset Liquidations, Will The Japanese Bond Market Finally Crack? Apr. 29 (Bloomberg) — Central banks that were net sellers of gold a decade ago are buying the precious metal [...] continue reading world news

Bank Of Japan: Japan Economic Outlook ‘VERY SEVERE’

Apr. 30 (Reuters) – Bank of Japan Governor Masaaki Shirakawa said on Saturday that the country’s economic outlook was very severe and that the central bank would take appropriate action to support the economy. But he offered few clues on whether and when the BOJ would expand its asset-buying scheme, only saying that its next [...] continue reading world news