KingWorldNews.com June 5, 2012 With investors wondering where global markets are headed next, today King World News interviewed 25 year veteran Caesar Bryan. Gabelli & Company has over $31 billion under management and Caesar Bryan has managed the gold fund since its inception in 1994. Caesar told KWN that he expects central banks to... »
Archive for June 5th, 2012
Apocalypse Europe: The Smell Of Draghi’s Eau De Napalm
by Tyler Durden ZeroHedge.com 06/05/2012 As we look forward to tomorrow’s scorched-earth policy-fest from Draghi-et-al., Jefferies’ David Zervos, in his typically understated manner, notes “I love the smell of napalm in the morning. We are back in the kill zone – Apocalypse Europe.” There will be no more strategizing, no more war games, no... »
SS €uro is Taking On Serious Water!
By: Gordon T Long Market Oracle Jun 05, 2012 The SS €uro is taking serious water. At the hastily called EU Summit Captains meeting on the Brussels Bridge, it was agreed that the best course of action, despite the worsening waves of bank runs, was to simply instruct the orchestra to continuing playing the... »
Europe’s Financial Fiasco: Migrating to the United States?
By: EWI Market Oracle Jun 05, 2012 Few Americans realize that the Great Depression started in Europe. Now as then, the global economy is fragile. The economy is clearly vulnerable to a debilitating wave of debt deflation. The threat is approaching quickly from an important source: Europe. The same sequence of events occurred in... »
War is America’s new economic stimulus policy
Commentary: Why are we still throwing extra billions at Pentagon? By Paul B. Farrell MarketWatch.com June 5, 2012 Yes, I’m mad as hell again. I just read some bad news that should make every American mad as hell. In fact, two bad news items. First, as a U.S. Marine vet, I got angry reading... »
Fukushima Radiation Hitting the Streets of LA
Dr. Mark Sircus Activist Post.com Tuesday, June 5, 2012 Right after Chernobyl blew its top, Edward Teller said on the ABC Evening News in late April 1986, “The chances of a real calamity at a nuclear power station are infinitesimally small. But should it happen, the consequences are impossible to imagine.” The plume from... »
Crashing the Operating System – Liquidity Crunch In Practice
Theautomaticearth.com MONDAY, JUNE 04, 2012 2008 was a practice run, or a warning shot across the bow, compared to what is coming over the next few years. 2008 did not demonstrate what a liquidity crunch really means, but this time we are going to find out. As with many aspects of financial crisis, Greece... »
Greyerz – We Are Moving Closer To Total Financial Collapse
KingWorldnews.com June 5, 2012 Today Egon von Greyerz told King World News that the global financial system is much closer to the point of collapse. Egon von Greyerz is founder and managing partner at Matterhorn Asset Management out of Switzerland. Von Greyerz also said, “world money supply is coming down at a very fast... »
Fmr. Asst. Treasury Secretary: Economic Collapse Nearing
Paul Craig Roberts Activist Post.com Tuesday, June 5, 2012 Ever since the beginning of the financial crisis and quantitative easing, the question has been before us: How can the Federal Reserve maintain zero interest rates for banks and negative real interest rates for savers and bond holders when the US government is adding $1.5... »
TSA In “Obscene” Grope Down Of Senior Citizen
Screeners touched grandmother’s breasts Paul Joseph Watson Prison Planet.com Tuesday, June 5, 2012 TSA agents have once again been accused of conducting a strip-search on an elderly traveler after airport screeners carried out an “obscene” pat down on a 73-year-old grandmother during which they touched her breasts. The incident occurred on Saturday at at... »