by Tyler Durden ZeroHedge.com 01/03/2011 And then there was one… correlation desk. Following Reuters news that the US government would allow 13 oil firms to restart deep-water Gulf of Mexico drilling without the new environmental review (under certain conditions), oil drops, drillers spike… and precious metals plunge. Obviously, this is just because silver extraction... »
Archive for January 3rd, 2011
Correlation Desks Gone Apeshit: Announcement Gov’t To Allow 13 Oil Firms To Restart GOM Drilling Whacks… Silver??!!
Europe starts confiscating private pension funds
By: Mark Hemingway WashingtonExaminer.com 01/03/11 The U.S. isn’t the only place that’s facing a major pension fund crisis. The Christian Science Monitor has this alarming report: People’s retirement savings are a convenient source of revenue for governments that don’t want to reduce spending or make privatizations. As most pension schemes in Europe are organised... »
Before China Crashes, This Is Going To Happen First
Joe Weisenthal BusinessInsider.com Jan. 3, 2011 SocGen’s Albert Edwards is the latest to predict an imminent crash in China. Part of his reason for worry is that everyone is really bullish on China, ergo markets are setting up for trouble. To be fair, this isn’t really the case. Lots of folks have called for... »
30 Reasons Why 2011 Is Going To Be Another Ugly Year For America’s Middle Class
Michael Snyder BusinessInsider.com Jan. 3, 2011 Do you think that 2011 will be a good year for America’s middle class? Well, you might not be so optimistic after you read the 30 statistics posted below. The truth is that 2011 is going to be another crappy year for America’s middle class, and there is... »
Big Pharma Prepares To Exploit New Swine Flu Scare
2009 H1N1 outbreak was proven to be contrived hoax Paul Joseph Watson Prison Planet.com Monday, January 3, 2011 Big Pharma is licking its lips at the prospect of cashing in on a second round of the swine flu epidemic, despite the fact that the first outbreak of the virus in 2009 was proven to... »
Declassified NZ Defence Force Reports Reveal Chemtrail Linked To Outbreak Of Illnesses
Clare Swinney NORTHLAND NEW ZEALAND CHEMTRAILS WATCH Jan 3, 2011 Among a recently-released assortment of declassified reports of sightings of Unidentified Flying Objects (UFOs) from New Zealand, dating from 1952-2009, were letters written in 1999 and 2000 by a concerned citizen, who predicted that an outbreak of illnesses would occur after an “aircraft contrail,”... »
The Scramble By Bank Of America To Negate Wikileaks Upcoming “Ecosystem Of Corruption” Disclosure
by Tyler Durden ZeroHedge.com 01/03/2011 So far, Bank of America has been aggressively denying it will in any way be compromised by any possible Wikileaks disclosure. After all the bank claims it has done nothing to merit a take down based on what Assange has claimed is an “ecosystem of corruption.” As everyone knows,... »
“Net Neutrality”: Internet Freedom without Gatekeepers
Implications of the FCC Ruling by Tim Karr Global Research January 2, 2011 On December 21, 2010 FCC Chairman Julius Genachowski gave AT&T a decision that was gift-wrapped for the holiday season. By a 3-to-2 vote, the FCC passed a rule that, in the chairman’s words, “protects Internet freedom.” If only that were true.... »
Iran ‘shoots down Western spy drones’ in Gulf
Iran’s Revolutionary Guards have shot down two “Western spy drones” in the Gulf, a senior Iranian commander has been quoted as saying. BBC.co.uk 2 January 2011 “Many” other drones have been shot down over an unspecified period of time, the Fars news agency quoted him as saying. The head of the Revolutionary Guards’ air... »
Israel preparing for ‘large scale war’
Breitbart.com Jan 2 Israel’s army chief told a US Congress delegation in late 2009 he was preparing for a large war in the Middle East, probably against Hamas or Hezbollah, leaked US diplomatic cables showed on Sunday. “I am preparing the Israeli army for a large scale war, since it is easier to scale... »