Archive for July 14th, 2011

by: Ethan A. Huff NaturalNews.com Thursday, July 14, 2011 The year 2011 is shaping up to be one of the most treacherous years in recent history, at least as far as the nation’s weather patterns are concerned. While much of the Midwestern US continues to get drenched by record rainfall and torrential flooding, the... »

EconomicCollapseBlog.com More Americans than ever are desperate for money and many of them will do just about anything to get it. The crumbling U.S. economy has pushed millions of ordinary Americans to the brink of utter desperation. When it comes time to choose between being able to survive or breaking the law, many people... »

by Tyler Durden ZeroHedge.com 07/14/2011 Gold has risen to new record nominal highs at $1,594.45 per ounce and silver has surged another 3% to over $39 per ounce after yesterday’s 6% rise. Today’s London AM Fix gold fix was $1,592.50 £987.54 and €1,119.04 – all of which are new record nominal highs. European stock... »

BySheryl Nance-Nash DailyFinance.com Today, Fran Liotta has two harsh words for the U.S. government, “unconscionable, outrageous!” The 77-year-old retiree says she had to read President Obama’s warning twice. She couldn’t believe that the federal government was saying it couldn’t guarantee that Social Security checks will be mailed Aug. 3 if Congress doesn’t take action... »

By: Shai Ahmed CNBC.com Wednesday, 13 Jul 2011 A U.S. default isn’t a matter of “if” but “when,” David Murrin, chief investment officer at Emergent Asset Management, told CNBC. “It’s inevitable that the U.S. will default—it’s essentially an empire which is overextended and in decline—and that its financial system will go with it,” he... »

MediaTakeout.com This morning London whistleblower Andrew Maguire told King World News that the launch of the new gold and silver exchange in China will destroy the remaining gold and silver shorts. Maguire stated, “The launch of this new gold and silver exchange has flown under the radar, but certainly has my attention. I firmly... »

BY RICHARD RUSSELL FinancialSense.com Up to now it’s been obvious that the “safe haven” money has gone into the Dow, gold, Treasuries and the dollar. But Monday the Dow was the “odd man out”. Why? I wonder, was the Dow left out in the cold? Could it be that the economy is starting to... »

By Michael Day Independent.co.uk Europe’s debt woes escalated yesterday as Ireland’s credit rating was cut to junk status, and the crisis threatened to engulf its biggest victim yet in Italy. Moody’s Investors Service cut Ireland’s ratings by one notch to Ba1 from Baa3 and kept a negative outlook. It added that there was a... »

By Anthony Faiola, Howard Schneider Sidney Herald News July 14, 2011 LONDON: Europe’s debt crisis is on the verge of engulfing its biggest victim, Italy, the world’s seventh-largest economy, whose size could thwart any international attempt to bail it out. Italy’s woes have generated investor panic amid concerns of political infighting in Rome over... »

by Gerald Celente LewRockwell.com Read All About It!” You couldn’t not read all about it! The media was full of reports about how happy stock market days were here again. After a stormy start, June closed and July began with US benchmark indexes racking up their biggest weekly gains in two years on good... »