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There's going to be a transition...we have to be prepared for it.   After you have a financial bust, the real wealth is still there.  Land, factories, houses, gold & […]
    Duck And Run—The Robot Doth Blather
Sep 23, 2016 - 12:40:52 PDT
Listening to Janet Yellen splitting hairs and blathering in circles about the state of the economy yesterday was enough to put you in mind of a paint-by-the-numbers robot built in the labs at MIT a…
    Wells Fargo and the Cult of the Customer
Sep 23, 2016 - 12:37:19 PDT
So, yes, Wells Fargo is focused on its customers—but not in the sense that they care about the people who use their products.
Gold and silver are now free to resume this year-long bull...
Pressure mounted on Wells Fargo & Co. Friday following its fake-accounts scandal, as the bank faced new calls to allow affected customers to file lawsuits and for the board of directors to rescind the pay of a key senior executive.
Britain's central bank has warned that growing Chinese debt is a threat to global financial stability. Chinese firms are borrowing faster than the GDP is growing, according to the bank.
“Because of the continued easing of monetary policy in many countries there is also the possibility that a higher level of financial market volatility will persist,”
An economist traces the value chain to find the culprits behind devastating price hikes
    Income Inequality in a Globalising World
Sep 23, 2016 - 12:04:14 PDT
Absolute inequality around the world has increased, challenging the purported benefit of globalization.
18 months ago, as the riots flared in Ferguson, there was one man pulling the strings of this 'domestic false flag'... George Soros.
If this is what a "recovery" looks like to Obama we would certainly like to better understand how he would define a recession.
    You're Not as Rich as You Think
Sep 23, 2016 - 11:48:45 PDT
The $250 trillion global savings glut may be a myth.
Bank of America Merrill Lynch is cautious on stocks because there is little positive economic data to be found, Dan Suzuki said.
Stocks traded lower as oil prices fell sharply while investors digested key manufacturing data, following two strong sessions.
    Fed-induced gold price rally building
Sep 23, 2016 - 11:37:26 PDT
Déjà vu for the gold market as rate rise is pushed out to December – the last Fed hike marked the end of the bear run and gold started to gain immediately.
    World Trade Grinds Lower, Hits 2014 Levels
Sep 23, 2016 - 10:51:34 PDT
In the US, on whose demand the rest of the world depends, the scenario for the goods-based economy is not rosy. And it shows up in freight volume.
These are not the actions of a healthy, solvent government; they’re just small indicators that we’re already well down the path of desperation and insolvency.
US film director Oliver Stone on Thursday accused President Barack Obama's administration of implementing a surveillance system worse than that of the feared Stasi secret police in East Germany. "On the contrary, Obama has doubled down on the (George W.) Bush administration policies,"
    Ron Paul With David Stockman
Sep 23, 2016 - 09:59:22 PDT
Former Reagan Budget Director David Stockman joins today's Liberty Report to talk about ." What are Stockman's suggestions on foreign & monetary policy and would they help?
So no, the Fed is most likely not going to hike rates in December, or likely ever again.