Archive for October 3rd, 2012

by Brandon Smith ZeroHedge.com 10/03/2012 Those who rally behind the modern concept of America rally behind a façade — an empty shell devoid of the heart and soul that gave life to this once great experiment. It is time for us to decide what kind of Americans we wish to be: the deluded rah-rah... »

JOHN HUDSON Theatlanticwire.com Oct. 3, 2012 Imagine having all the downsides of Big Brother and none of the benefits: That’s what you get with the Department of Homeland Security’s vast network of “fusion” centers, according to a damning new report by the Senate’s bipartisan Subcommittee on Investigations. The fusion centers, described by Janet Napolitano... »

By: Nadeem Walayat Market Oracle Oct 03, 2012 Whilst the Israeli PM was busy using propaganda cartoons at the UN to prepare the brain washed masses of the world for an attack against Iran’s nuclear infrastructure, in addition to the raging cyber war, the currency war against the Iranian elite has continued to accelerate... »

SilverDoctors.com OCTOBER 3, 2012 In his latest update, Greg Mannarino dissects Bernanke’s intentions with QE∞, and what the Fed is REALLY trying to accomplish. Mannarino states that Bernanke is attempting to manipulate asset prices by trying to force capital into certain asset classes such as equities and housing to re-inflate both of these bubbles.... »

EndOfTheAmericanDream.com October 2nd, 2012 Federal Reserve Chairman Ben Bernanke is determined to push mortgage rates to record low levels and he is encouraging the banks that the Fed regulates to make home loans more freely. Wait a second – isn’t that exactly what caused the last housing bubble? After 9/11, the Federal Reserve slashed... »

Matthew Boesler BusinessInsider.com Oct. 3, 2012 The labor strikes that have engulfed the mining industry in South Africa in recent weeks have now spread to one of the country’s most vital industries – trucking. Without the trucking industry facilitating the flow of goods between purchasers and suppliers, things can get ugly pretty quickly, as... »

GoldCore GoldSeek.com Wednesday, 3 October 2012 Gold continues to hover near its 11 month high in dollar terms and near new records and the €1,400 level in euro terms. The lack of confidence over Spain’s finances has kept investors alert as they await a US jobless report on Friday to ascertain just how poorly... »

By: Ben Traynor GoldSeek.com Wednesday, 3 October 2012 London Gold Market Report SPOT MARKET gold prices rallied to $1781 per ounce ahead of Wednesday’s US session, recovering from slight losses earlier in the day to stay in line with recent trading, while stock markets were broadly flat and the Euro reversed earlier gains, as... »

Joe Weisenthal BusinessInsider.com Oct. 3, 2012 Earlier this week we wrote about how Iran’s currency (the Rial) is in a state of total collapse, in part due to oil sanctions. It’s obvious that the spiraling cost of things is having a major destabilizing effect. The BBC reports on protests: Riot police in Iran have... »

by Tyler Durden ZeroHedge.com 10/03/2012 While we have been predicting that the South African miner strike, which started 2 months ago, and which despite (or rather due to) a one-off concession by Lonmin to hike worker pay by 22% is more entrenched now than ever, would spread to other countries, we failed to anticipate... »