Wednesday, March 27, 2013

Paul Craig Roberts - Triple Bubble Implosion Is Coming


"Alex welcomes American economist and renowned columnist Paul Craig Roberts to examine the Cyprus bank crisis situation and America's own crumbling economy."

- Source, Infowars:

Sunday, March 24, 2013

Silver Goes Higher As Bitcoin Hysteria Shifts To Non Electronic Money

"It would appear that physical assets trump digital assets this morning in Europe as Silver has just spiked over 1% (and Gold back over $1615) as Bitcoins plunge on heavy volume... Did the Europeans run out of Bitcoins? Given the lack of movement in 'traditional' currency markets, one has to wonder just how much faith has been lost in the folding fiat fiasco."

- Source, ZeroHedge, Read the full article here:

Thursday, March 21, 2013

Only A Few Hours Of Liquidity Left - Cyprus Major Bank

It appears, based on government officials, that things are going a little critical in Cyprus. Following rumors of the closure (restructuring) of good/bad bank assets for Cyprus Popular Bank, we get this news:

*CYPRUS HASN'T HAD ANY FURTHER NEWS FROM RUSSIA: OFFICIAL
*CYPRUS POPULAR BANK HAS "FEW HOURS OF LIQUIDITY LEFT": OFFICIAL

- Source, ZeroHedge, read the full post here:

Friday, March 15, 2013

Wealth Inequality in America


"Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is."


Wednesday, March 13, 2013

Farage Slams Eurozone As Complete Economic Disaster


"The air is thick with denial in this chamber," is how UKIP's Nigel Farage begins his truthiness rant at the most recent European Council meeting. Reflecting on the Italian election and overwhelming success of 'Eurosceptic' political parties, Farage barks that it "is absolutely clear that Eurozone membership is completely incompatible with nation-state democracy." The complete denial (and "unutterable drivel") about the Eurozone crisis incenses him as he says "you'd think listening to everyone this morning that it's over." The real problem, he explains, is that they won't face up to the reality that "You are not facing up to the consequences for what you've done," as he tries to make the technocrats comprehend, "the Eurozone has been a complete economic disaster," because of the Euro - and the disaster is still coming down the tracks."

- Source Zero Hedge, read the full article here:

Tuesday, March 5, 2013

Jim Sinclair - QE to Infinity is the Only Tool They Have

"When I said, QE to infinity a long time before anybody else got that idea into their mind, I did it because there was only one tool in any central banks’ tool box that could create infinite amounts of money in a computer instant. And that would logically indicate that if what I expected to happen happened, then QE would be used, and ‘to infinity’ means until it no longer functions.

Infinity is only one control of QE and that’s the dollar in US activity. So as long as the dollar, because of currency wars, can remain even as a mirror image, looking not so bad, QE can continue to any amount.”

- Jim Sinclair via a recent King World News interview, read the full interview here:

Saturday, March 2, 2013

Jim Sinclair - We Are Witnessing A Historic Low In Gold

“Historically we are at an extreme low. But more so than that, when you are short you have a price objective. If you are a government you have a price objective. That price objective being reached might change the pattern of your trading.

The pattern of what’s taking place in this down market is absolutely clear: At periods every day like clockwork, when the lowest volume of trading historically takes place, the largest amount of offerings have come into the marketplace (for gold), creating a drubbing, a down (move).

Every time there is a major move in a market there will be hangers on, and they are the ones that tend to lose on both sides...."

- Jim Sinclair via a recent King World News interview, read the full interview here:

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