Archive for August 2nd, 2013

By Steve St. Angelo, SRSrocco Report GoldSeek.com Friday, 2 August 2013 While it seems that just about all of the economic data coming out of Wall Street or the U.S. Government is manipulated, there is one piece of data that is not. This valuable piece of information may also give us an idea on... »

By Dr. Jeffrey Lewis GoldSeek.com Friday, 2 August 2013 One argument against silver’s return to acknowledged monetary status has been that because much of the above ground silver has already been used up by industry, there simply is not enough supply to flow around in the economy, which is a primary requirement of a... »

Investmentwatchblog.com August 2nd, 2013 Washington state legislator Rep. Matt Shea (R) says preparation is crucial to get ready for what he calls “the inevitable collapse” of the US economy. The Self-Reliance Rally event at an Idaho State Park had several speakers encouraging attendees to prepare by gathering arms and ammunition and considering forming militias.... »

SilverDoctors.com AUGUST 2, 2013 Economist and Boston University Professor Laurence Kotlikoff calculates that to fully eliminate the shortfall in Social Security funding, the government would need to either cut all present and future social security benefits by 22%, or increase the Federal Insurance Contributions Act tax (FICA) by 32% (from 12.4% to 16.4%). But... »

SilverDoctors.com AUGUST 2, 2013 The likelihood of electronic asset confiscation happening long before physical precious metals are called in is not very hard to imagine. Being “Cyprussed” is probably on the table if the U.S. dollar eventually collapses. The monetary powers did not state this quite so directly, but it was clear enough. So... »

Jeff Poor DailyCaller.com 08/01/2013 Earlier this week, President Barack Obama visited Chattanooga, Tenn. as part of his PR blitz on the economy. But he was greeted with a headline of an editorial in the Chattanooga (Tenn.) Times Free Press, “Take your jobs plan and shove it, Mr. President: Your policies have harmed Chattanooga enough.”... »

KingWorldNews.com August 2, 2013 On the heels of some extraordinary move in global markets, today top Citi analyst Tom Fitzpatrick sent King World News three fantastic charts, along with some outstanding commentary. These charts give KWN readers around the world a spectacular snapshot of what the global economy faces in the future. Here is... »

by Tyler Durden ZeroHedge.com 08/02/2013 Yesterday, in the aftermath of first Apollo then Blackstone, it was the turn of that third mega Private Equity shop, Fortress, to “say that now is the time to exit investments as stocks rally and interest rates start to rise. “This is a better time for selling our existing... »

KingWorldNews.com August 1, 2013 Today the man whose firm is well known for its $10,000 gold call told King World News that the fractional reserve gold system is closer to collapse because of major stresses that are now being put on the system. Below is what Paul Brodsky, co-founder of QB Asset Management, had... »

An American era of eviction and destruction by Laura Gottesdiener Tomdispatch.com August 1, 2013. African Americans had every reason to celebrate Barack Obama’s election in 2008. History was made. Then reality set in. Economically speaking, the Obama era has been a five-year nightmare for Black America. The unemployment rate for blacks now stands at... »