Eveyone seems to be completely focused on the terrorism activity and potential for more coming from various sources and conditions. While everyone has their eye on that ball, and with justification, the financial situation has definitely taken a turn for the worse today!
A decent sized junk bond fund froze redemptions today. This is a […]
The latest data from China shows that they are headed down the same path the U.S. has been on vis a vis their economy. Seems that the powers that be over there are trying to convert the ‘growth engine’ of the economy from one fueled by real estate (speculation) and industrial growth to one driven […]
Some bond funds are beginning to accumulate cash, some as high as 10% of assets, which doesn’t sound like much but when you are talking billions, it adds up! These money managers are starting to get ‘defensive’ in light of the FED’s talk of raising interest rates which will cut the value of bonds…Of course, […]
Gerald Celente is talking with Naomi Prins, who was just speaking to the FED Board…she has some very interesting insights! Click here to read the article
The markets are a bit nervous and the volatility is way up. Gold is up 12.00 and the Dow up almost 200. Greece is running out of time to work out some type of agreement with the EU, IMF etc…In some ways I think that default might be in Greece’s best interest, not so much […]
They say the IMF never leaves the table yet that is what appears to have happened as their negotiatiors have left the table. The MSM seems to be setting Greece up for a fall…read it here
This article points out the skewed playing field that we are investing on. Orchestrated by the FED to bring on PROSPERITY! When this unravels, I think it will make the Great Depression look like a picnic in the park! Read here
According to the Greek authorities their exit from the Euro would be catastrophic. Of course, the other side of the argument-the EC officials-counter that it wouldn’t be that bad. It becomes more and more likely that Greece will leave the EC and go it alone. How this will affect the currencies and economies globally is […]
Obviously the Government makes all the rules and can and will change them when it suits their needs. In the most recent ‘adjustment’ The Bureau of Economic Analysis is preparing the change the way GDP is calculated. Apparently the government is not happy with the most recent GDP numbers since they were down.
So now […]
If this projection is even remotely close, we are in for not just Big Government, but HUGE! Deficits, food shortages and all sorts of other almost unbelievable stuff. Read the article here.