by Karl Denninger Market-Ticker.org 2012-08-17 The evidence is piling up. The Empire Index yesterday was terrible — still showing contraction. This comes behind three solid months of bad data from Philly and Richmond; Richmond’s data includes services data, which was negative last month as well. And services are ~70% of our economy. I noted... »
Archive for August 17th, 2012
Police Department Wants Blimp To Spy On “Suspicious Activity”
Dirigible would hover at height of just 400 feet over “high crime areas” of city Paul Joseph Watson Infowars.com Friday, August 17, 2012 The Ogden Police Department wants to fly an unmanned surveillance blimp at a height of just 400 feet over high crime areas of the city to watch for “suspicious activity,” but... »
Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG
TheEconomicCollapseBlog.com If you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing. Those that are “connected” have access to far better sources of information than the rest of us have, and if they hear that something big is coming up they will... »
New DHS Informant Leaks a Shocker
by Dominique de Kevelioc de Bailleul ZeroHedge.com Aug 17, 2012 In a passionate warning to his global listeners, TruNews host Rick Wiles revealed the latest in a series of startling information leaked to him through a source who knows a contact deep within U.S. Department of Homeland Security. “There’s a Russian, Chinese, Islamic military... »
A Tidal Swell of Delusion Lifts Stocks
By: Rick Ackerman GoldSeek.com Friday, 17 August 2012 With U.S. stocks blithely on the rise against a darkening global economic picture, we keep telling ourselves it’s only a movie, it’s only a movie, it’s only a movie. Except that it isn’t a movie. It’s an epochal tide of delusion; it is quite real; and... »
Finns Prepare For Euro’s End: “Deeply Suspicious” of EU’s ‘Gang of Four’
by Tyler Durden ZeroHedge.com 08/17/2012 While not advocating the break-up of the Euro-zone, Finland’s foreign minister Erkki Tuomioja told the Daily Telegraph this evening that “it is only a matter of time”. In a somewhat stunning show of truthiness, perhaps the first cracks in Europe’s Nash Equilibrium are starting to show through following Monti’s... »
“Gold Ponzi Schemes” Revealed – Physical Gold Favored Over Derivatives
From GoldCore ZeroHedge.com 08/17/2012 Gold continued gains on Friday receiving a boost from Angela Merkel’s comments saying she supported ‘Super’ Mario Draghi’s pledge “to do whatever it takes” to save the euro. While this sentiment lifted markets and some investors hope ECB action is sooner rather than later – it is also creates the... »
Japan’s Sakurajima volcano releasing largest amount of ash in 20 years: ground swollen around volcano
TheExtinctionProtocol.com August 17, 2012 JAPAN – Sakurajima Volcano has been steadily erupting for some time now. So much so that residents were asked to cover up and wear masks as a health and safety measure. According to researchers, this active volcano in Kagoshima Prefecture could release its largest amount of ash in two decades... »
Asia prepares for food price shock
TheExtinctionProtocol.com August 17, 2012 ECONOMY – Since mid-June, grains, namely corn, soybeans and wheat have rallied 38 percent, 24 percent and 45 percent, respectively, after the worst U.S. drought in a half a century wiped out crops in the world’s biggest agricultural exporter. This prompted warnings from United Nations that the world could see... »
U.S. Troops To Get New Headgear For “Homeland Security Operations”
Army to develop new helmets to protect against “small arms ammunition Paul Joseph Watson Prison Planet.com Friday, August 17, 2012 The U.S. Army is planning to develop new protective headgear for soldiers that will shield them from ballistic munitions, small arms ammunition and blunt trauma as part of missions that will include “homeland security... »