Archive for August 7th, 2012

By: John Browne Market Oracle Aug 06, 2012 In the last week of July, ECB President Mario Draghi attracted investor interest worldwide by saying that he would do “whatever it takes” to solve the Eurozone crisis and, in the process, save the euro. Markets rallied as investors concluded that Mr. Draghi could only be... »

KingWorldNews.com August 6, 2012 With virtually all markets trading higher today, King World News interviewed one of the wealthiest and most street-smart pros in the business, Rick Rule. Rule told KWN we are now at risk of, “… a spectacular collapse of confidence, circa 2008.” Rule, who is now part of Sprott Asset Management,... »

German politicians from across the spectrum have reacted furiously to warnings by Italy’s Mario Monti that Bundestag control over EU debt policies threatens to bring about the “disintegration” of the European project. By Ambrose Evans-Pritchard TelegraphUK 06 Aug 2012 “We must make it clear to Mr Monti that we Germans will not shut down... »

by Tyler Durden ZeroHedge.com 08/06/2012 UPDATE: *CHEVRON RICHMOND REFINERY HYDROCRACKER EXPLODED: KPIX-TV, REFINERY SHUTDOWN, CAN PROCESS 244,000 BBL/DAY Chevron’s Richmond refinery, the largest refinery in California, is under a Level 3 Hazardous Material extreme immediate warning with local authorities advising local citizens to “to shelter in place, go inside, close all windows and doors,... »

TheExtinctionProtocol.com August 6, 2012 GREECE – Greek police arrested more than 1,000 immigrants and detained thousands more in a massive weekend sweep that comes as the strapped nation has increasingly soured on hosting foreigners. The vast roundup in Athens was jarringly named Xenios Zeus — after the Greek god known as the patron of... »

TheExtinctionProtocol.com August 6, 2012 NEW ZEALAND – The volcanic alert level for Mt. Tongariro has risen from 1 to 2 after the central North Island volcano erupted for the first time in more than a century late last night. GNS science is reporting that at approximately 11:50 pm on Monday night ash fall began... »