Archive for March 20th, 2013

By Michael TheEconomicCollapseBlog.com March 19th, 2013 Cyprus lawmakers may have rejected the bank account tax, but the truth is that the financial crisis in Cyprus is just getting started. Right now, the two largest banks in Cyprus are dangerously close to a meltdown. If they fail, depositors could end up losing virtually all of... »

Sam Ro BusinessInsider.com Mar 20 2013 In an interview with Charlie Rose last week, GMO’s Jeremy Grantham reminded us that civilizations have historically collapsed after around 250 years. Now, UBS’s Art Cashin is talking about the same thing. “Martin Armstrong has just issued a 46 page report titled “The 224 Cycle of Political Change.... »

ARGENTINA TURNS TO GOLD AS INFLATION TOPS 26% SilverDoctors.com MARCH 20, 2013 Argentines are utilizing gold to hedge their savings as economists forecast the peso will lose more value than any currency in the world, and President Cristina Fernandez de Kirchner forbids dollar purchases. The nation’s inflation rate of 26% is also eroding Argentina’s... »

SilverDoctors.com MARCH 20, 2013 My long-held view is that at the end of this gold bull market, American retail investors will not be lining up in the street to buy, like they did in the 1970s. Instead, they will more likely be lining up in real breadlines, like they did in the 1930s. Central... »

By Paul B. Farrell MarketWatch.com March 20, 2013 SAN LUIS OBISPO, Calif. (MarketWatch) – InvestmentNews latest cover is so powerful you can actually hear sirens atop a flashing neon billboard, megawarning in huge bold type: “Tick, Tick … Boom!” A warning: InvestmentNews wants to make damn sure its readers, the 90,000 professional financial advisers... »

By TERRY WEISS MoneyMorning.com Richard Duncan, formerly of the World Bank and chief economist at Blackhorse Asset Mgmt., says America’s $16 trillion federal debt has escalated into a “death spiral, “as he told CNBC. And it could result in a depression so severe that he doesn’t “think our civilization could survive it.” And Duncan... »

‘House of Horrors’ doctor charged with killing live fetuses with scissors Paul Joseph Watson Prison Planet.com March 20, 2013 The defense attorney for an infamous Philadelphia abortionist charged with snapping the necks of newborn babies with scissors has ludicrously claimed that the prosecution of Dr. Kermit Gosnell is “racist” because he is black. Pandering... »

By Andre Damon Global Research March 19, 2013 Hundreds of thousands face unpaid furloughs As the US government prepares to furlough hundreds of thousands of federal employees next month, Congress is moving to make permanent the $1.2 trillion in spending cuts over the next decade mandated by the sequester process that was triggered at... »

by Jeffrey Denning Guns.com 3/18/13 Too often I find that skilled shooters who don’t have an understanding of situational awareness, or don’t think about it or practice it enough, will fail under a little bit of stress at the range. Failing at the range is fine, but failing during a real world defensive encounter... »

by Tim Brown FreedomOutpost.com March 19, 2013 The tiny island of Cyprus is demonstrating that government money is nothing more than the people’s money and to make the point, we are now watching as the European Union is set to seize private citizen’s bank accounts to pay off debt that is a result of... »