Archive for September, 2011

The Savings of Millions of People Are Going to Vanish in Less Than 12 Months

(SHTFPlan.com) We often look to Wall Street and wonder how those hedge fund managers, financial institution leaders and even traders can go about their business without regard to the average person on the ground, whose assets may be getting wiped out while those in the financial sector make millions of dollars in stock market manipulations [...]

Marc Faber: Gold could fall to $1,100

(MoneyControl.com) The price of gold, which has fallen in recent weeks as part of a broader market sell-off, has even further to fall, Marc Faber, author of the Gloom Boom, and Doom Report, told CNBC Monday. “We overshot on the upside when we went over $1,900,” said the fund manager, who has 25% of his [...]

Currency Killers: “We All Are Going Down Together”

currency-killers

Not only the ratings agency but the internationa monetary fund now is losing confidence in the US and Europe. Is there really no way out of this crisis? According to Financial Analyst Michael Mross there is a kind of currency war going on especially because of the continuous downgrade of the United States from the [...]

China’s Recipe for the West: Cut Your Debt or It Will Cut You!

Regarding the financial crisis and chaos going on in the Eurozone, Obama gave out some harsh words, saying that it was China’s turn to tell the EU to get their financial house in order. The Eurozone, being the second largest economy in the world, must stop the crisis from getting worse. Asia’s concern is that [...]

Alan Watt: Eurozone Chaos is Moving to North America

Alan Watt on The Alex Jones Channel talks about the chaos that is being introduced today across the world. The whole world is supposed to merge into unifying force under one government. People keep forgetting the goal of all what is happening today because we tend to get stuck at the chaos happening around us. [...]

Private Prisons: Recession Proof Industry

private-prison

A group of people in America has vested interest in keeping as many people as possible locked up in prison. Amid this ongoing economic Armageddon, private prisons have been the most recession proof industry so far. With more than 2.3 million people behind bars the US defeats China, Russia and the rest of the world [...]

Jim Rogers: I Have No Confidence in the US Dollar But Own USD More Now Than Ever

Jim Rogers on CNBC talks aboout him being short stocks in Europe, America and even in the emerging markets. He is long commodities as protection and also long US dollar. Rogers’ long term prediction on the US dollar has never been optimistic. He has told many times that the long term forecast on US dollar [...]

Economist: 46 out of 50 US States are Insolvent

(Economic Policy Journal) During a presentation today at the Adam Smith Institute, economist Kevin Dowd,  a visiting professor at the Pensions Institute, Cass Business School in London, told his audience: Fiat money is entering its death spiral… Banks use crooked accounting methods to hide losses and enrich employees with bonuses. It’s another form of looting… At [...]

Gerald Celente: Why the Swiss Franc is No Longer A Currency

About a year ago Gerald Celente talked about his investment strategy which was buying heavily into gold and also Swiss francs, but about three weeks ago Celente decided to dump all his Swiss francs and into gold. The reason was because the Swiss banks announced that they were pegging their Swiss francs to the Euro, [...]

Empire of Chaos: How 9/11 Shaped the Politics of a Failing State

911

(Alternet.org)The neoconservative ideas that shaped the war on terror have evaporated as the United States is battered by an economic depression that shows no end. The events made my mind reel. The angry plumes of smoke, office paper raining like confetti, tumbling windows flashing in the sunlight. I could make out jumpers and watched a [...]