The record bank lending binge “not evidence of an economic recovery.” Instead, they’re fretting about the greatest credit bubble in history.
Gold Rigged “To Benefit Banks, At Expense Of Producers, Traders, Investors, Jewellers And Other Market Participants”?Submitted by GoldCore on 07/09/2014 04:40 -0400
We believe that a more transparent and reliable fixing could lead to higher gold prices as we suspect that prices are artificially low at this time and do not reflect the delicate supply demand balance in the physical gold market ... Nor do they capture the degree of systemic and geopolitical risk in the world today."
The venture capital world is currently paying inordinate amounts of money for software companies which are making a lot of noise and not much else!
FDIC: “the largest positive contribution to the year-over-year change in earnings came from reduced loan-loss provisions..."
Governments from Around the World – Including Western, Islamic, Asian and African Nations – ADMIT They Use False Flag TerrorSubmitted by George Washington on 07/08/2014 11:12 -0400
If We Don't Learn Our History, We're Doomed to ... "KaBoom!"
This is misguided and not in the U.S. national interest and could backfire spectacularly. After a period of relative calm, currency wars look set to escalate and will make owning gold important again in the coming months.
Did the U.S. and Its Allies Use ISIS to Balkanize Syria Into Smaller Regions?
One has to wonder… just how high are real costs that a food company substitutes wood pulp for meat? One also has to wonder… just how accurate is the CPI or any government inflation metric that looks primarily at nominal pricing? The simple answer to that one is “not accurate at all.”
He has “no face, no party,” “never runs for office,” but “governs,” Hollande said about “his true opponent” in 2012. It went viral. Huddled masses began to dream. But that courage fizzled.
The dollar's demise has been often foretold. The euro, SDRs, the yuan, Bitcoins all were going to be viable alternatives. The dollar persists.
It ain't pretty
The revolution is already in motion. It is a peaceful and intellectual revolution - not one of violence or force, and that is why it will succeed.
A look at the investment climate through the currency market and upcoming events and data.
This past Monday the US Marshals auctioned off the "Silk Road" Bitcoin wallets at a higher than expected price to a single bidder. The Bitcoin market strengthened coming into the auction and has held on to most of the price gains.
In the alternative coin market, on the other hand, we saw panic selling of an alternative coin (but only on one site!) and aggressive selling across the spectrum of "scrypt" based coins.