A warning over the global economy comes from the Bank for International Settlements – which voiced concerns before the last crash. Ed Conway News.Sky.com Monday 10 December 2012 The Bank for International Settlements (BIS) is an odd organisation. Originally set up in the 1930s to facilitate the payment of First World War reparations by... »
Archive for December 10th, 2012
Dina Spector BusinessInsider.com Dec 10 2012 A 7.2 magnitude earthquake struck 125 miles off the coast of Indonesia around 11:53 a.m. EST. The quake poses no danger of a tsunami, according to the Pacific Tsunami Warning Center. The Indonesia quake is “located too deep inside the earth to generate a tsunami,” the center writes.... »
Sott.net Sun, 09 Dec 2012 Over 3,000 US troops have secretly returned to Iraq via Kuwait for missions pertaining to the recent developments in Syria and northern Iraq, Press TV reports. According to our correspondent, the US troops have secretly entered Iraq in multiple stages and are mostly stationed at Balad military garrison in... »
by Tyler Durden ZeroHedge.com 12/10/2012 Excessive monetary stimulus and low interest rates create financial bubbles. Seymour Pierce’s Thunder Road report notes that central banks are creating the ultimate bubble in money itself, as they fight the downward leg in this Long Wave cycle. This is the biggest debt bubble in history. Each time deflationary... »
JIM SINCLAIR: WE HAVEN’T SEEN ANYTHING YET, DERIVATIVES COLLAPSE WILL BE OF MAYAN CALENDAR PROPORTIONS!
SilverDoctors.com DECEMBER 10, 2012 In his latest update to CIGA’s, the legendary Jim Sinclair states that we haven’t seen anything yet, and that the financial collapse in progress due to over $1 trillion in notional OTC derivatives is going to be an event of Mayan calendar proportions. To the amazement of the young turks... »
Demand for basic commodities set to soar over the next 20 years TOM BAWDEN IndependentUK MONDAY 10 DECEMBER 2012 Pressure on the world’s resources is becoming so great the situation could trigger a proliferation of hunger and warfare hugely damaging to the global economy, according to an analysis published today. With demand for basic... »
The US Economy’s Future Just Got Much Darker: Big Money Is Either Going Into Hibernation Or Being Paid Out To Shareholders While Things Are Getting Significantly Worse In EU, Japan, And China.
Investmentwatchblog.com December 10th, 2012 from Phoenix Capital Research: Last week I outlined the reason why we are very likely going over the fiscal cliff: there are little if any political incentives for the GOP or Dems to fix the problem; the best option politically is to let us go over the cliff and then... »
Like the generals of the First World War, Europe’s leaders seem determined to send wave after wave of their youth into the barbed wire of tight money, bank deleveraging, and fiscal austerity a l’outrance. By Ambrose Evans-Pritchard TelegraphUK 09 Dec 2012 The strategy of triple-barrelled contraction across a string of inter-linked countries has been... »
By: Ben Traynor GoldSeek.com Monday, 10 December 2012 Why investors are turning to gold ahead of 2013… ALTHOUGH the price of gold has fallen over the last couple of months, there has been a marked increase in demand for physical bullion. The amount of bullion held to back gold exchange-traded funds has risen to... »
by Mike Adams NaturalNews.com Sunday, December 09, 2012 Modern children are being poisoned like never before in the history of human civilization. No wonder the rate of autism in America has skyrocketed to 1 in 88 children over the last few decades, putting autism squarely in the “epidemic” category. But don’t expect any CDC... »