Archive for July 23rd, 2013

KingWorldNews.com July 23, 2013 Today 50-year veteran Art Cashin warned about major concerns in the gold market because of declining gold inventories. Cashin, Director of Floor Operations at UBS ($650 billion under management), also cautioned about the backwardation in gold, and noted the massive global demand as well. Art Cashin: “All That Glitters Is... »

KingWorldNews.com July 23, 2013 Today David Stockman warned King World News that people need to be prepared for tremendous chaos in global financial markets, and investors need to “get out of harm’s way.” Stockman is the man former President Reagan called on in 1981, during that crisis, to become Director of the Office of... »

Gold Core GoldSeek.com Tuesday, 23 July 2013 Gold surged over 3% yesterday due to what appears to be have been significant short covering due to concerns about gold backwardation and the continual haemorrhaging of gold inventories from the COMEX. Concerns about a default on the COMEX, once the preserve of a few observant market... »

By Michael Snyder TheEconomicCollapseBlog.com July 22nd, 2013 The pension nightmare that is at the heart of the horrific financial crisis in Detroit is just the tip of the iceberg of the coming retirement crisis that will shake America to the core. Right now, more than 10,000 Baby Boomers are hitting the age of 65... »

By Douglas J. Hagmann HomelandSecurityus.com 22 July 2013 Americans seemed to have suddenly awakened to an egregious invasion of our privacy and assaults on our constitutional rights and civil liberties, as if the process “just appeared” or was just discovered as a recent form of government overreach. While the process has indeed been refined... »

James Quinn TheBurningPlatform.com 22nd July 2013 “I mean—hell, I been surprised how sane you guys all are. As near as I can tell you’re not any crazier than the average asshole on the street.” – R.P. McMurphy – One Flew Over the Cuckoo’s Nest “Years ago, it meant something to be crazy. Now everyone’s... »