Archive for July 12th, 2012

by Jeff Nielson LewRockwell.com Regular readers of my work know that I have been outlining (and warning people about) two potential economic scenarios; as the West’s terminally-ill economies lurch towards their final collapse. These hollowed-out, debt-saturated economies would (will) either crash under the weight of their own insolvency; or our governments will create a... »

TheExtinctionProtocol.com July 12, 2012 CLIMATE — What looks to be the worst U.S. drought in a quarter of a century has given rise to an old-fashioned commodity rally on world markets, with key grain prices hitting highs which caused food crises in vulnerable parts of the globe last time around. Seeking to protect their... »

By Timothy v. Gatto Thepeoplesvoice.org July 12th, 2012 A few observations 1. The Media is controlled by the government and most of what you see and hear from it is a lie. 2. The United States is engaged in wars all over the planet for resources. 3. Sociopaths run our government. 4. The U.S.... »

KingWorldNews.com July 12, 2012 Today Bill Fleckenstein told King World News, “…the central banks of the world, and in particular the Fed, are close to where they are going to panic and do something big.” Fleckenstein, who is President of Fleckenstein Capital, also said, “What I am salivating over is the chance to really... »

Commentary: China’s problems could be bad news for U.S. stocks By Paul B. Farrell MarketWatch.com July 12, 2012 SAN LUIS OBISPO, Calif. (MarketWatch) — America’s facing not one but four “fiscal cliffs”: Bush-era tax cuts, Pentagon budget cuts, social-program cuts and the continuing battle over “Obamacare.” China, though, has even bigger problems. Five months... »

By Liezel Hill Bloomberg.com Jul 12, 2012 Gold will climb to a record by yearend as the global economy slows from the weight of too much debt, says Eric Sprott, the founder and chairman of Canadian fund manager Sprott Inc. (SII) “I just can’t imagine the demand for gold is going down,” he said... »

by Tyler Durden ZeroHedge.com 07/12/2012 There remains some confusion about the timing of actions around the PFG Best disaster. From withdrawn salary cuts to liquidation-only orders to forced liquidations from Friday to today, CNBC’s Rick Santelli provides a succinct and shocking insight into what real money accounts and brokers have dealt with and continue... »

TheExtinctionProtocol.com July 12, 2012 FINANCE – When commodities brokerage firm MF Global collapsed last October, losing $1.6 billion in customer funds in the process, Christopher Dickerson was sure he’d dodged a bullet. Just one month before the collapse, Dickerson had taken the bulk of his money out of his MF Global account. “I was... »

By Thomas Pascoe TelegraphUK July 11th, 2012 The new media and the 24-hour news cycle have a great deal to answer for, not least encouraging a political class which would otherwise be happily engaged expensing duck houses into the belief that it should demonstrate perpetual action on our behalf – hence the endless stream... »

SteveQuayle.com July 12, 2012 What do you think was the main purpose behind the aptly named MF Global? What do you think is the connection to PFG Best? Why is JPM connected to both commodity houses? Simple….this is how you start the metals beat down that I have been screaming about for the past... »