Archive for April 23rd, 2012

More than £122.3bn was wiped off the value of Europe’s biggest companies on Monday amid fears that the eurozone’s commitment to austerity was being swept away by political rebellion – just as its debts hit record levels. By Louise Armitstead TelegraphUK 23 Apr 2012 Stockmarkets plunged as traders panicked that Angela Merkel could lose... »

KingWorldNews.com April 23, 2012 Today King World News interviewed one of the wealthiest and most street-smart pros in the business, Rick Rule. Rule is founder of Global Resource Investments, which is part of the $10 billion strong Sprott Asset Management. KWN reached out to Rick to get his take on the decline that is... »

Theintelhub.com April 23, 2012 Republicans in the House are pushing to give control of at least 50 national parks within 100 miles of the US border to the Department of Homeland Security. The National Security and Federal Lands Protection Act would allow DHS to suspend any federal law on lands run by the departments... »

Tom Chatham April 23rd, 2012 SHTFPlan.com The Inflation Monster Cometh, Prepare Yourself by Tom Chatham Let’s just take a quick review of the situation as we know it. The real inflation rate is over 10% and the real u6 unemployment rate is over 22% according to Shadowstats.com. General Mills recently reported that their input... »

Michael Kelley BusinessInsider.com Apr. 23, 2012 The U.S. military has stockpiled $800 million worth of weapons in Israel and the amount is growing, according to a U.S. Congressional report and reported by Tzvi Ben Gedalyahu of the Israeli media network Arutz Sheva. The War Reserves Stock Allies-Israel (WRSA-I) program is run by the United... »

KingWorldNews.com April 23, 2012 With global stock markets trading in the red and continued volatility in gold and silver, today King World News interviewed legendary Jim Sinclair’s chartist, Dan Norcini. Norcini said he is seeing disturbing parallels between what is happening today and what has already taken place in history. Here what Norcini had... »

By Mike Shedlock GlobalEconomicAnalysis.com The Netherlands government has officially collapsed in a dispute over austerity measures. Elections likely in September. Meanwhile, the Czech government is also on the verge of collapse, for the same reason: austerity measures. The Financial Times reports Dutch government falls over budget talks The Dutch governing coalition collapsed on Saturday... »

David Seaman BusinessInsider.com Apr. 23, 2012 What I feel is not anger, but rather patriotic duty. America is a grand experiment in self-determination, individual liberty, and innovation: an experiment not worth conceding without a fight. On New Year’s Eve, with almost no mainstream media attention given to it, President Barack Obama signed the National... »

Simone Foxman BusinessInsider.com 4-23-2012 European markets got destroyed today, with Italy—in particular, Italian banks—leading the carnage. FTSE 100: -1.91% CAC 40: -2.97% DAX: -3.41% FTSE MIB: -3.83% IBEX 35: -2.91% Italian banks led those losses, with Intesa Sanpaolo halted after it fell 6.47 percent, according to Reuters reporter Michel Rose. Intesa Sanpaolo: -6.47% UBI... »

The Daily Bell Monday, April 23, 2012 The Dutch government’s failure to reach an agreement in talks to achieve tough spending cuts could see ratings agencies cut the country’s prized AAA-rating and nervous investors push up the country’s borrowing costs, and it will also have wider implications for the euro zone as a whole,... »