Dienstag, 30. April 2013

The More Illegal Immigrants That Go On Food Stamps The More Money JPMorgan Makes



Related info: - Shocking US government leaflet tells Mexican immigrants they can collect food stamp benefits without admitting they’re in the country illegally (Daily Mail) - Judicial Watch Uncovers USDA Records Sponsoring U.S. Food Stamp Program For Illegal Aliens (Judicial Watch) - US Households On Foodstamps Hit Record High (ZeroHedge) And don’t believe for one [...] continue reading world news

Montag, 29. April 2013

Billionaire Eric Sprott: Silver To Skyrocket Hundreds Of Dollars



- Eric Sprott – Silver To Skyrocket Hundreds Of Dollars in Price (King World News, April 27, 2013) continue reading world news

Samstag, 27. April 2013

Breaking News: JPMorgan Accounts For 99.3% Of The COMEX Gold Sales In The Last Three Months



- JPMorgan Accounts For 99.3% Of The COMEX Gold Sales In The Last Three Months (ZeroHedge, April 26, 2013): … When just one firm accounts for 99.3% of the physical gold sales at the COMEX in the last three months it’s not what most of us on this side of the rainbow would consider “broad-based” [...] continue reading world news

Freitag, 26. April 2013

‘Run On The Vault’: JPMorgan’s Eligible Gold Plummets 65% In 24 Hours To All Time Low



- JPMorgan’s Eligible Gold Plummets 65% In 24 Hours To All Time Low (ZeroHedge, April 25, 2013): We are confident that in the aftermath of our article from last night “Just What Is Going On With The Gold In JPMorgan’s Vault?” in which we showed the absolute devastation of “eligible” (aka commercial) gold warehoused in [...] continue reading world news

Donnerstag, 25. April 2013

‘Panic’ For Physical Gold Spreads To UK Where Royal Mint Sales Of Gold Coins Triple



- “Panic” For Physical Gold Spreads To UK Where Royal Mint Sales Of Gold Coins Triple (ZeroHedge, April 24, 2013): Following the entire “developing” world (where faith in paper money “backed” by $1 quadrillion in derivatives is at times questioned, and instead the people, for some inexplicable reason, fall back to hard currency equivalents) scrambling [...] continue reading world news

Mittwoch, 24. April 2013

24 Signs That American Cities Are Turning Into Poverty-Stricken Hellholes



- America The Fallen: 24 Signs That Our Once Proud Cities Are Turning Into Poverty-Stricken Hellholes (Economic Collapse, April 23, 2013): What is happening to you America?  Once upon a time, the United States was a place where free enterprise thrived and the greatest cities that the world had ever seen sprouted up from coast [...] continue reading world news

Dienstag, 23. April 2013

19% Of Germans Say They Would Vote For Anti-Euro Party



- 19% Of Germans Say They Would Vote For Anti-Euro Party (ZeroHedge, April 22, 2013): In what may come as a shock to an otherwise quiet Germany, which has hardly seen any of the vocal (and actionable) “Euroskepticism” prevalent among its smaller peripheral neighbors, Handeslbslatt reports that a whopping 19% of Germans have said they [...] continue reading world news

Sonntag, 21. April 2013

The Secret World Of Gold (Documentary)



- The Secret World Of Gold (ZeroHedge, April 21, 2013): In a wide-ranging look at the history and present of the barbarous relic, CBC’s Ann-Marie MacDonald has gathered many perspectives (pro and con) on gold. The following documentary moves from historical shipwrecks to Nazi ‘death gold’ and England’s war chest to recent years where widespread [...] continue reading world news

Samstag, 20. April 2013

House Passes CISPA … The Privacy-Shredding Web Spying Bill



- House Passes CISPA … the Privacy-Shredding Web Spying Bill (ZeroHedge, April 18, 2013): Image by William Banzai The privacy-shredding Internet spying bill – CISPA – has passed the House. Our only chance is to stop it in the Senate. Background here and here. Reddit co-founder Alexis Ohanian also urges us to contact Google, Facebook [...] continue reading world news

Freitag, 19. April 2013

The Dumbest Of The Dumb Money Has Finally Decided Now Is The Time To Buy Manhattan Apartments



- Ring the Bell for Manhattan Real Estate: Calpers Buys the Top Again (Liberty Blitzkrieg, April 17, 2013): The dumbest of the dumb money has finally decided now is the time to buy Manhattan apartments.  The California Public Employees’ Retirement System (colloquially known as Calpers) just loves taking assets off of other people’s hands at the [...] continue reading world news

Donnerstag, 18. April 2013

Egan-Jones Downgrades GERMANY’s Credit Rating From A+ To A, Outlook Negative



- Egan-Jones Downgrades Germany From A+ To A, Outlook Negative (ZeroHedge, April 17, 2013): The more you try to shut them up, the more they have to say…Just out from Egan-Jones 4/17/2013: Federal Republic Of Germany: EJR lowered A+ to A (Neg.) (S&P: AAA) (3413Z GR) Although Germany’s credit metrics are respectable, the country has [...] continue reading world news

Mittwoch, 17. April 2013

AND NOW: Paul Krugman Calls Bitcoin ‘Antisocial’



- Paul Krugman Goes on the Attack: Calls Bitcoin “Antisocial (Liberty Blitzkrieg, April 15, 2013): Anyone on the fence with regard to Bitcoin should consider coming to the side of supporting it after reading Paul Krugman’s ridiculous and riddled with errors hit-piece in the New York Times this weekend.  The key tipoff as to where [...] continue reading world news

Dienstag, 16. April 2013

Nuclear Power Is NOT A Low-Carbon Source Of Energy



- Nuclear Is NOT a Low-Carbon Source of Energy (ZeroHedge, April 14, 2013): Why Do People Claim that Nuclear Power is a Low-Carbon Source of Energy? Even well-known, well-intentioned scientists sometimes push bad ideas.   For example, well-known scientists considered pouring soot over the Arctic in the 1970s to help melt the ice – in order [...] continue reading world news

Montag, 15. April 2013

John Paulson Loses Over $300 MILLION On Friday’s Gold Tumble



- John Paulson Loses Over $300 Million On Friday’s Gold Tumble (ZeroHedge, April 13, 2013): There were many casualties following Friday’s 4% gold rout, but none were hurt more than one-time hedge fund idol John Paulson, who according to estimates, lost more than $300 million of his own money in one day. Per Bloomberg: “Paulson [...] continue reading world news

Sonntag, 14. April 2013

Peter Schiff: ‘When People Realize Where All This Gold Is Going – There Will Be A Scramble To Buy It Back’



Flashback: Peter Schiff Was Right 2006 – 2007 (2nd Edition): - Peter Schiff: “When People Realize Where All This Gold Is Going—There Will Be A Scramble To Buy It Back” (Bull Market Thinking, April 12, 2013): had the opportunity this afternoon to connect with Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital. [...] continue reading world news

Samstag, 13. April 2013

The True Chinese Credit Bubble: 240% Of GDP And Soaring



- The True Chinese Credit Bubble: 240% Of GDP And Soaring (ZeroHedge, April 11, 2013): Several months ago we pointed out something not fully grasped by the broader public: the Chinese corporate debt bubble is the largest of any developed and developing country, and at 151% of GDP (and rising rapidly) is the biggest in [...] continue reading world news

Freitag, 12. April 2013

Bitcoin Hits New Record High, Crosses $250!



- Bitcoin Hits New Record, Crosses $250 (ZeroHedge, April 10, 2013): It seem like it was only yesterday that Bitcoin crossed $200 for the first time. Oh wait, it was.  It is now 24 hours later, and as parabolic rises imply, it is only “fair” that the price of the electronic currency (expressed in the [...] continue reading world news

Donnerstag, 11. April 2013

Goldman Sachs Buying Gold, Selling Treasurys To Muppets Whom It Advises To Do Opposite



- Goldman Buying Gold, Selling Treasurys To Muppets Whom It Advises To Do Opposite (ZeroHedge, April 10, 2013): There was a brief period of confusion for a while when Goldman didn’t have clear muppet-stomping trades on the book, and those who wished to frontrun the Goldman prop desk (and do the opposite of the muppet [...] continue reading world news

Mittwoch, 10. April 2013

The Tunnel People That Live Under The Streets Of America



- The Tunnel People That Live Under The Streets Of America (Economic Collapse, April 8, 2013): Did you know that there are thousands upon thousands of homeless people that are living underground beneath the streets of major U.S. cities?  It is happening in Las Vegas, it is happening in New York City and it is [...] continue reading world news

Dienstag, 9. April 2013

As Confidence In Dollar Wanes, Over A Dozen States Push For Gold As Legal Tender



Related info: - Hedge Fund Manager Kyle Bass: Senior Obama Administration Official Said: ‘We’re Just Going To Kill The Dollar’ (Video) - As Confidence In Dollar Wanes, Over A Dozen States Push For Gold As Legal Tender (ZeroHedge, April 8, 2013): In more than a dozen states, legislators are pushing for a movement back to [...] continue reading world news

Montag, 8. April 2013

An Entrepreneur In France: ‘I Need To Hire More People, But The Government Won’t Let Me’



- My Talk With An Endangered Species: An Entrepreneur In France (Testosterone Pit, April 5, 2013): “I need to hire more people, but the government won’t let me,” said my friend, an internet entrepreneur in France, one of the intrepid figures still slugging it out over there—in a country whose relentlessly deteriorating unemployment problem is gnawing [...] continue reading world news

Sonntag, 7. April 2013

Unemployment Rate Falls For All The Wrong Reasons (CNNMoney)



Don’t miss: - US: People Not In Labor Force Soar By 663,000 To 90 MILLION, Labor Force Participation Rate At 1979 Levels - Unemployment rate falls for all the wrong reasons (CNNMoney, April 5, 2013): NEW YORK (CNNMoney) -What seemed like good news in Friday’s jobs report was a little less than that — the [...] continue reading world news

Samstag, 6. April 2013

$529 Million In Federal Funding And All Jobs Destroyed Or Lost



Flashback: - Total Karma Recall: Fisker (Received $529 Million In Federal Subsidies) Pulls All Cars Due To Fire Risk - Taxpayers Lose Another $118.5 Million As Next Obama Stimulus Pet Project Files For Bankruptcy (Video) - $529 Million In Federal Funding And All Jobs Destroyed Or Lost (ZeroHedge, April 5, 2013): Pop quiz:Q. What is [...] continue reading world news

Freitag, 5. April 2013

Former Enron CEO Jeff Skilling May Be Released From Prison Over A Decade Early



- Eric Holder Gets Busy: Enron’s Skilling May Be Released From Prison Over A Decade Early (ZeroHedge, April 4, 2013): Former Enron CEO Jeff Skilling may be the latest beneficiary of the culture of pervasive permitted, even according to some – encouraged, crime. After being sentenced to prison for 24 years in the aftermath of [...] continue reading world news

Bank Of Japan To Pump $1.4 TRILLION Into Economy In Unprecedented ‘Stimulus’



Commentary: “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as [...] continue reading world news

Donnerstag, 4. April 2013

President Putin Offers 3-Month Offshore-Tax-Cheat ‘Amnesty’: ‘There Can Be No Untouchables’



- Putin Offers 3-Month Offshore-Tax-Cheat ‘Amnesty’: “There Can Be No Untouchables” (ZeroHedge, April 3, 2013): “This is the nationalization of the elite,” is how one ex-Kremlin-ite described Putin’s new policy. “For [years], the elite saw Russia as a hunting ground – they would keep their money and live somewhere else,” but no more, as the [...] continue reading world news

Mittwoch, 3. April 2013

Holland: ‘An Economy On The Brink’



- Holland: “An Economy On The Brink” (ZeroHedge, April 2, 2013): Infamous for little boys plugging holes with their fingers and grown-ups plugging their mouth with their foot (D-Boom), it seems Holland, Berlin’s most important ally in the goal of greater fiscal discipline in Europe, has fallen into an economic crisis itself. As Spiegel reports, [...] continue reading world news

Dienstag, 2. April 2013

Bitcoin Hits $101 – Doubles Since Cyprus!



Related info: - US Begins Regulating BitCoin, Will Apply ‘Money Laundering’ Rules To Virtual Transactions - ‘What In The World Is A Bitcoin?’ - Bitcoin Hits $101 – Doubles Since Cyprus (ZeroHedge, April 1, 2013): From a January 2nd price of $13.16, the price of a Bitcoin in USD had risen to $46 on March [...] continue reading world news

Montag, 1. April 2013

Cyprus Parliament President Says ‘No Future’ Under Troika, Calls For ‘Iceland’ Solution



Flashback: - How Iceland Overthrew The Banks: The Only 3 Minutes Of Any Worth From Davos (Video) - Impossible In America: ‘Executives At Collapsed Iceland Bank Jailed For Fraud’ (Reuters) - The Icelandic Success Story - Iceland’s Economy Now Growing Faster Than The U.S. And EU After Arresting The Banksters - Here Is What Happens [...] continue reading world news