Archive for the ‘News’ Category

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 [...]

Gold in a Bubble? Not Yet

goldbubble

(Sovereign-Investor.com) From 1998 to 2000, shares of a company named Inktomi Corp went up 1,900%. Then in 2000, this stock hit its all-time high of $231.62. It had to be a great business, right? Wrong. Actually, the company never made a single dime in profits. But regardless, investors kept buying. That shows you how irrational [...]

NIA: The Largest Bubble in U.S. History

NIA

(Inflation.us) On August 6th after S&P downgraded the U.S. debt rating from AAA to AA+ with a negative outlook, NIA prayed that Americans would not make the mistake of buying U.S. Treasuries as a safe haven. We normally don’t pray about economic matters, but only God can save the U.S. economy today as well as [...]

Hugo Chavez to Collapse JP Morgan – Gold Over $1,900 an Ounce

Hugo-Chavez

Ever since the news broke out about current President of Venezuela, Hugo Chavez, who wanted to have 211 tonnes of gold transported back to Caracas, the news have been covering this and wondered how he was going to do that. This amount of gold is worth over US $12 billion. Finance Minister Jorge Giordani said [...]

Gold at $1,753 An Ounce, The Panic is On

gold-$1753-an-ounce

Gerald Celente just tweeted 16 minutes before I started writing this post. He said, “Gold @ $1748. The Panic is ON! Watch for Fed/Central Banks measures to drive down price, regulate it and/or blame speculators for turmoil.” When I went to GoldPrice.org to check the price it went up to $1,753 per tray ounce. Only [...]

Gold at $1,712 an Ounce, Chance for US Economy to Fail is 90%

gold-price

(ElishevaDPW.com) At 12:55 pm Jakarta time (GMT+7) gold price strikes a record high of $1,712 an ounce. Only within 3 weeks gold price made a huge jump of over $200 from its $1,500 per ounce level. A Tokyo-based trader told Dow Jones Newswire, “People are just taking their money out [of other markets], especially from [...]

US Debt Ceiling Lifted – Gold About to Rise to $1800 an Ounce

debt-ceiling-gold-price

You may think that because the debt ceiling bill has passed and was approved by the Senate and President Obama, everything is going to go back up again from this debt pit. It is not. By passing the debt ceiling bill, the US awoken the whole world to the fact that their economic recovery is [...]

Aug 2 Debt Deal: Obama Becomes the Next Führer, If Deal Passes

lyndonlarouche

Alex Jones talks to Lyndon Hermyle LaRouche, Jr., an American political activist and founder of a network of political committees, parties, and publications known collectively as the LaRouche movement. La Rouche has called for “the immediate jailing of Federal Reserve Chairman Ben Bernanke, Treasury Secretary Timothy Geithner and President Barack Obama for their role in [...]

Gold $1600 an Ounce, $1688 by the End of 2011

goldprice

Goldprice hit its all time high at $1603 an ounce. Silver rose 3.3% its highest price since early May 2011. Economists say that the rush into precious metals is due to the political debate that took place over whether or not to raise the US debt ceiling. But most of all, investors remain worried about [...]

Should the US Oil be Nationalized?

ExxonMobil

Only last week, a pipeline belonging to Exxon Mobil underneath the Yellowstone River ruptured, spewing tons to crude into the notable waterway. Over the weekend the company re-examined the spill after first downplaying the area of contamination, and it turns out that over 42,000 gallons of oil has coated more than 10 miles of the [...]