Archive for May 23rd, 2012

Peter Schiff, Euro Pacific Capital ZeroHedge.com May 23, 2012 I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly indestructible American economy. After the wheels... »

by Tyler Durden ZeroHedge.com 05/23/2012 Europe’s game of chicken, all of which is geared to one simple thing – to spook the Greeks into voting for pro-bailout powers, and against Syriza – has now officially entered the Twilight Zone. In the latest episode of what can now simply be described as the world’s most... »

Mac Slavo May 22nd, 2012 SHTFplan.com While America’s surveillance infrastructure turns inwards to identify domestic terror threats to the homeland such as those people who have guns, ammunition, food reserves or pay cash for their purchases, a shocking new report from Congress suggests that legitimate national security threats from foreign governments have been all... »

by Tyler Durden ZeroHedge.com 05/23/2012 Building on yesterday’s discussion of the lack of an integrated banking system and credible lender of last resort in Europe, UBS appears to have gone thermonuclear this morning. Their lengthy article ‘What If Greece Goes?’ outlines the contagion risk from an ‘orderly’ exit as markets, international trading companies, and... »