Rothschilds Buy Into Rockefeller Wealth Business

- RIT Capital Partners, Chaired By Lord Rothschild, And Rockefeller & Co. Announce Strategic Partnership (MarketWatch, May 30, 2012): LONDON and NEW YORK, May 30, 2012 /PRNewswire via COMTEX/ — RIT Capital Partners plc (“RIT”), chaired by Lord (Jacob) Rothschild, and Rockefeller Financial Services, Inc., the parent company of Rockefeller & Co., Inc., today announced [...] continue reading world news

We’re Not In Wonderland Anymore, Alice … And The True Greek Debt/GDP Ratio Of 421.7% … Greece Is Now A ‘Dead Man Walking’ And The Execution Chamber Is Primed And Ready

Prepare for collapse! Got physical gold and silver? See also: - Police Urging Greeks To Keep Their Money In Bank Accounts - Former Assistant Secretary of the Treasury Dr. Paul Craig Roberts: Recovery Or Collapse? Bet On Collapse! – ‘In The End, The Financial Crisis Could Destroy Western Civilization’ - We’re Not In Wonderland Anymore, [...] continue reading world news

EUR Shorts Hit New Record!

- EUR Shorts Hit New Record (ZeroHedge, May 28, 2012): Last week, when we reported on the then brand new record number of EUR non-commercial short contracts as reported by the CFTC, we said: “with such a massive surge in shorts in a short period of time, this means that the likelihood of major short [...] continue reading world news

Lloyd’s Of London Preparing For EURO COLLAPSE

See also: - Home Secretary Theresa May: We’ll Stop Migrants If Euro Collapses – UK Government Draws Up Plans For Emergency Immigration In The Event Of Financial Collapse The chief executive of the multi-billion pound Lloyd’s of London has publicly admitted that the world’s leading insurance market is prepared for a collapse in the single [...] continue reading world news

SkyNet Wars: Presenting The Rogue Algo Responsible For FaceBook’s Downfall

- SkyNet Wars: Presenting The Rogue Algo Responsible For FaceBook’s Downfall (ZeroHedge, May 26, 2012) continue reading world news

Bankia Shares Suspended Ahead Of Rescue Details

See also: - And So It Begins: Spanish Region Of Catalonia Demands A Bailout -  Bankia Shares Suspended Ahead Of Rescue Details (Reuters, May 25, 2012): Shares in Spain’s fourth-biggest lender Bankia SA were suspended on the Madrid stock exchange on Friday, ahead of an evening announcement when the bank is expected to ask the [...] continue reading world news

These Are The Colleges That Will Be Screwed When The Student Loan Bubble Pops

- These Are The Colleges That Will Be Screwed When The Student Loan Bubble Pops (Business Insider, May 21, 2012): We know the model is not sustainable,” said Lawrence T. Lesick, vice president for enrollment management at Ohio Northern University. “Schools are going to have to show the value proposition. Those that don’t aren’t going to [...] continue reading world news

Austria Joins Germany In Opposing Euro Bonds

- Austria Joins Germany In Opposing Euro Bonds (ZeroHedge, May 22, 2012): While the euro bond song and dance is all too familiar, being a carbon copy replay of last year, we feel obliged to remind who the key actors are, but more importantly who the key decision makers are. In short: while last year, [...] continue reading world news

An $8 Billion Loss Or Was JPMorgan ‘Unhedged, Long-And-Wrong’ Post-LTRO2?

More here: An $8bn Loss Or Was JPMorgan ‘Unhedged, Long-And-Wrong’ Post-LTRO2? (ZeroHedge, May 22, 2012): … So, in summary, it appears that the CDS data confirms what we suspected. A large (~$120bn) tail-risk tranche credit hedge was placed. The hedging of that hedge became very onerous but surprisingly profitable as markets rallied day after day [...] continue reading world news

Dr. Paul Craig Roberts: Recovery Or Collapse? Bet On Collapse! – ‘In The End, The Financial Crisis Could Destroy Western Civilization’

Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University. Dr. Paul Craig Roberts [...] continue reading world news

By The Time Operation Twist 1 Is Over, The Fed Will Have Quietly Completed 40% Of Operation Twist 2 As Well

- By The Time Operation Twist 1 Is Over, The Fed Will Have Quietly Completed 40% Of Operation Twist 2 As Well (ZeroHedge, May 20, 2012): By the time Operation Twist (1) ends in just over 40 days time, on June 30, Fed Chairman Ben Bernanke, according to his previously announced “loose” target, will hope [...] continue reading world news

Interview With John Hathaway: ‘This Is The Bottom For Gold’ (Video)

BTFD! – John Hathaway: “This Is The Bottom For Gold” (ZeroHedge, May 18, 2012): In an interview with Louis James, John Hathaway discusses the US’s economic outlook and why he’s delighted by the current bearish sentiment toward gold. YouTube Louis James: Ladies and gentleman, thanks for tuning in. We’re at the Casey Research Recovery Reality [...] continue reading world news

Cost Of Greek Exit From Euro Put At $1 TRILLION – ‘British Government Is Making Urgent Preparations To Cope With The Fallout Of A Possible Greek Exit’

- Cost of Greek exit from euro put at $1tn (Guardian, May 17, 2012): The British government is making urgent preparations to cope with the fallout of a possible Greek exit from the single currency, after the governor of the Bank of England, Sir Mervyn King, warned that Europe was “tearing itself apart”. Reports from [...] continue reading world news

Moody’s Downgrades 16 Spanish Banks

- Moody’s Downgrades 16 Spanish Banks, As Expected (ZeroHedge, May 16, 2012): As was leaked earlier today, so it would be: MOODY’S CUTS 16 SPANISH BANKS AND SANTANDER UK PLC MOODY’S CUTS 1 TO 3 LEVELS L-T RATINGS OF 16 SPANISH BANKS MOODY’S DOWNGRADES SPANISH BANKS; RATINGS CARRY NEGATIVE In summary, the highest Moodys rating [...] continue reading world news

A 12-Year-Old Girl Crushes The Canadian (And American) Dream (Video)

YouTube Added: 16.05.2012 - A 12-Year-Old Girl Crushes The Canadian (and American) Dream (ZeroHedge, May 16, 2012): When Ron Paul stands up in front of a crowd and explains the fictional-reserve banking system’s unreality, some listen, many shrug and bury their heads. When ZeroHedge does the same, comments are heavy but change is slow to [...] continue reading world news

Irony 101 Or How The Fed Blew Up JPMorgan’s ‘Hedge’ In 22 Tweets

- Irony 101 Or How The Fed Blew Up JPMorgan’s ‘Hedge’ In 22 Tweets (ZeroHedge, May 14, 2012) continue reading world news

‘Euro Officials Begin To Weigh Greek Exit As Euro Weakens’ (Bloomberg) – Brace Yourself People Of Greece Or Get Totally Screwed By The Elitists

Got PHYSICAL gold and silver? Here is why: Flashback: - Greek Euro Exit: 60% Currency Devaluation, Default, Banking Sector Collapse Here is what happened to Mexico: – Hedge Fund Manager Kyle Bass Explains The New World Order (Panel Presentation): ???On Greece: For those who think a 50% write-down on debt will fix Greece, you have [...] continue reading world news

Double or Nothing: How Wall Street is Destroying Itself

- Double or Nothing: How Wall Street is Destroying Itself (ZeroHedge, May 12, 2012) There’s nothing controversial about the claim— reported on by Slate, Bloomberg and Harvard Magazine — that in the last 20 years Wall Street has moved away from an investment-led model, to a gambling-led model. This was exemplified by the failure of [...] continue reading world news

The Nuclear Industry And Fukushima: A Giant Nail In The Coffin Of Humanity

- The Nuclear Industry and Fukushima: A Giant Nail in the Coffin of Humanity (Intel Hub, May 12, 2012) continue reading world news

Private Federal Reserve Bank Clears China’s First US Bank Takeover

- Fed clears China’s first US bank takeover (AFP, May 9, 2012): The United States on Wednesday opened its banking market to ICBC, China’s biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved [...] continue reading world news

TrimTabs CEO Charles Biderman Sums Up Europe’s Problem In 30 Seconds (Video)

- Biderman Sums Up Europe’s Problem In 30 Seconds (ZeroHedge, May 8, 2012): After an extended and detailed rant against the BLS and their ineptitude, which is worth watching in its own right, Charles Biderman (CEO of TrimTabs) sums up Europe’s troubles and hopes in 30 seconds. Towards the end of the clip, Biderman notes [...] continue reading world news

S&P Opens The Pandora’s Box: The Wall Of Refi Worry Is $46,000,000,000,000 Tall

- S&P Opens The Pandora’s Box: The Wall Of Refi Worry Is $46,000,000,000,000 Tall (ZeroHedge, May 10, 2012): In what S&P calls a ‘Perfect Storm’, the next four years will see a minimum of $30 trillion in companies’ refinancing needs related to maturing bonds and loans and further they expect $13-$16 trillion more debt will [...] continue reading world news

US Companies Selling Drones To Undisclosed Foreign Governments

- U.S. companies selling drones to undisclosed foreign governments (American Independent, May 1, 2012): A Texas-based defense contractor is selling drones overseas to foreign governments for use in combating narcotics trafficking and terrorism. Which countries are buying them and exactly how they are being used, however, is largely unknown. This uncertainty has led to calls [...] continue reading world news

1 In 4 Children In America Struggle With Hunger Every Day — America’s Next Generation, A Tale Of 2 Childhoods (Video)

YouTube Added: 08.05.2012 Description: As 1 in 4 children in America struggle with hunger every day, there are also those who have extremely lavish lifestyles even at a young age. RT’s Anastasia Churkina takes a look at the lives of the faces behind the statistics — and what economic despair and extreme wealth of today [...] continue reading world news

Charlie Munger: Gold Is For Holocaust-Era Jewish Families To Sew Into Their Garments; Civilized People Don’t Buy Gold

Flashback: - Warren Buffett Priced In Gold: Can You Say Bubble? Or, More To The Point, Can You Say Bursting? See also: - The Best Reason In The World To Buy Gold (Forbes): Beijing Is Planning To Avoid U.S. Financial Sanctions On Iran By Paying For Oil With Gold – Charlie Munger: Gold Is For [...] continue reading world news

COLLAPSE: St. Louis Fed’s ‘Not In Labor Force’ Data Is Now Officially Off The Chart

- St. Louis Fed’s “Not In Labor Force” Data Is Now Officially Off The Chart (ZeroHedge, May 4, 2012): The comedy continues: the April “Not in labor force” seasonally adjusted print: 88,419,000. And yet, the maximum reading permitted by St Louis Fed Not in Labor Force (LNS15000000) graph: 88,000,000. The data has now officially dropped [...] continue reading world news

Young Italians Flock To Become Shepherds

- Young Italians flock to become shepherds (Telegraph, May 3, 2012): Pay is poor and the hours are long, but there is job security, fresh air and as much pecorino cheese as you can eat. As Italy’s unemployment rate topped 10pc this week, it emerged that young people are flocking to become shepherds. Traditionally the [...] continue reading world news

Pentagon Contractor KBR On Shortlist To Run UK POLICE SERVICES

US firm KBR, which helped build detention camp, among consortiums bidding to run police services in West Midlands and Surrey US Pentagon contractor Kellogg Brown & Root, which helped build the Guantánamo camp, is bidding for a £1.5bn privatisation contract to run policing services in Surrey and the West Midlands. Photograph: John Moore/Getty Images - [...] continue reading world news

Robert Wenzel’s ‘David’ Speech Crushes Federal Reserve’s ‘Goliath’ Dream

- Robert Wenzel’s ‘David’ Speech Crushes Federal Reserve’s ‘Goliath’ Dream (ZeroHedge, April 27, 2012): In perhaps the most courageous (and likely must-read for future economists) speech ever given inside the New York Fed’s shallowed hallowed walls, Economic Policy Journal’s Robert Wenzel delivered the truth, the whole truth, and nothing but the truth to the monetary [...] continue reading world news

Ron Paul 2012: Commercial Banned By MSM (Video)

YouTube Added: 24.02.2012 continue reading world news

Interview With Joe Nobody: Preparedness, Survival, Homeland Security Buying UNPRECEDENTED Amounts Of Ammo And More (Video)

Added: Mar 23, 2012 Description: This is the first 13 minutes of the detailed interview with Joe Nobody about self defense, personal preparedness, how to protect your family, private property, your community and more. Books from Joe Nobody @Amazon.com: - Holding Your Ground: Preparing for Defense if it All Falls Apart - The TEOTWAWKI Tuxedo: [...] continue reading world news

Gold Bug Bill Gross Will Gladly Pay You Tuesday For A Hamburger Today, Hoping ‘Tuesday Never Comes’

- Gold Bug Bill Gross Will Gladly Pay You Tuesday For A Hamburger Today, Hoping “Tuesday Never Comes” (ZeroHedge, May 1, 2012): We will forgive Bill Gross for taking the chart that Zero Hedge first presented (oddly enough correctly attributed by his arch rival Jeff Gundlach) as the centerpiece of his just released monthly musings, [...] continue reading world news