Archive for February 16th, 2012

by Tyler Durden Zerohedge.com 02/16/2012 Sprott strategist John Embry has never been a fan of the existing financial system. Today, he makes that once again quite clear in this interview with Egon von Grayerz’ Matterhorn Asset Management in which he says: “I think that the current financial system, as we know it, will be... »

H5N1 bird flu virus kills half of humans that contract it Experts say to find treatments research must continue By Damien Gayle DailyMail.com 15th February 2012 Bird flu experts meet at the World Health Organisation this week to decide how to continue with genetic research that risks creating a catastrophic pandemic. The urgent summit... »

BY GONZALO LIRA FinancialSense.com 02/16/2012 War between Israel and Iran now seems inevitable. Leon Panetta claimed that it would be this coming spring—and I see no reason to doubt him. How an Israeli-Iranian war will play out—that is, whether it will draw in more geopolitical actors (such as the U.S.), or if it will... »

Special Forces ordered to be ready ‘1 March through October’ By F. Michael Maloof WorldNetDaily.com 2-16-2012 WASHINGTON – Secretary of Defense Leon Panetta believes that Israel could attack Iran in an April-to-June timeframe, and there apparently has been a decision made for the U.S. to help in an assault on the radical Islamic nation’s... »

The Slog FEBRUARY 16, 2012 DOCUMENTS RAISE AWKWARD QUESTIONS FOR WASHINGTON, IMF & BERLIN A written document giving firm dates and detailed actions for a planned Greek default has been in the possession of two top Wall Street bank currency trading bosses since the second week in January. The Slog has separate but corroborative... »

by Charles Hugh Smith ZeroHedge.com 02/16/2012 The economy will expand if you believe it is expanding–because you’ll be “animal spirited” into buying a lot of stuff on credit that you can’t afford. It all boils down to perception–that’s the insight at the heart of the Grand Game of Perception Management. Economists speak of magical... »

Daily Bell Thursday, February 16, 2012 Egypt’s cold shoulder … A sudden new wave of anti-Americanism is thriving in Cairo … As 16 U.S. citizens await trial in Egypt for accepting foreign financing to promotedemocracy, for the first time in more than 30 years there is a serious debate in Washington about whether to... »

by Tyler Durden ZeroHedge.com 02/16/2012 Following the barrage of 13Fs released two days ago, another hedge fund that has eventually found its way to the one undilutable currency is Steve Mandel’s Lone Pine. His thoughts on the matter need no commentary: ‘We re-established a position in gold during the quarter. Although we certainly have... »

Activist Post.com Thursday, February 16, 2012 Currency collapse is hardly something new. Especially when that currency is backed by nothing. In G. Edward Griffin’s seminal work, The Creature From Jekyll Island, he states that once the “business of banking” by fiat began: This led immediately to what would become an almost unbroken record from... »

Rep. Sharon Cissna’s legislation would also ban body scanners that produce naked images Paul Joseph Watson Prison Planet.com Thursday, February 16, 2012 A bill introduced by Alaska lawmaker and TSA grope victim Rep. Sharon Cissna would criminalize both invasive pat downs and body scans that produce naked images conducted by the federal agency, setting... »