"They'll Return To Their Countries In A Wooden Coffin": Iran, Syria Warn Saudis, Turks Against Ground TroopsSubmitted by Tyler Durden on 02/06/2016 - 15:51
"This will be like a coup de grace for them. Apparently, they see no other way but this, and if this is the case, then their fate is sealed.”
The announcement that China will start targeting the yuan against a basket of currencies and not the dollar is consistent with the strategy of undermining the dollar's value. While the view of a looming Yuan devaluation seems almost universal, GoldMoney's Alasdair Macleod warns instead that something else may be a foot - China will sell her dollars not to protect the yuan, but to dispose of an overvalued currency.
The United Nations Working Group on Arbitrary Detention has ruled that Wikileaks’ Julian Assange has been arbitrarily detained by the “democratic” governments of Sweden and the UK and is entitled to his freedom and compensation for detention by the two “democratic” governments. We will see if the ruling has any effect on the behavior of “the two great champions of liberty.”
Five years ago, in July of 2011, the house at 4182 West 8th Avenue in Vancouver in sold for $4.6 million. It now rests vacant, abandoned and rotting.
Is it time to panic yet?
In a breaking development that has been completely ignored by mainstream news sources, the leaking natural gas well near Los Angeles, California is now reportedly spewing lethal levels of radioactive material, according to a report from Steve Quayle and a group with expertise in nuclear material.
The Great Depression was the most severe economic depression ever experienced by the Western world. It was during this troubled time that the world’s most famous case of deflation also happened. The resulting aftermath was so bad that economic policy since has been chiefly designed to prevent deflation at all costs.
"If one is looking for key technical indicators to ring the bell on the cyclical bull market- maybe it has just rung loud and clear. A renminbi devaluation will only sever an already badly frayed safety rope..."
As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse.