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Some of you may wonder why of all the stories out there today I decided to focus on the $525 fine a construction worker in South Carolina received a for refilling his […]
On this slow Friday afternoon while the market is closed, and the Ukrainian crisis threatens to spiral into an all-out war, we present a four part documentary on the history […]
The essence of crony-capitalism is the merger of state and corporate power-the definition of fascism. When it comes to the real world, the difference between fascism, communism and crony-capitalism is […]
    HFT: Rise of the Machines
April 18, 2014
No one has ever claimed that the financial markets are a level playing field. Equities, bonds, currencies, options and futures are not arenas that operate by equivalent standards for all […]
On April 4, 2014 Alasdair Macleod published an extensive analysis on the Chinese gold market.  I felt obligated to respond to it by sharing my point of view and explain where I […]
The Fed sacrificed the foundation of middle class wealth-stable housing values-to boost bank profits. Middle class wealth was Fed to the sharks. As the current housing bubble deflates, the investor-buyers who […]
GOLD IN UKRAINE CURRENCY SURGES ANOTHER 7% THIS WEEK - COLLAPSE CONTINUES This is particularly evident in Ukraine where the economy is nearing collapse and the currency is in free […]
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    Economic Outlook Darkens
April 17, 2014
After six years of monetary and tax policies that could have not been better designed to destroy savings and the savings ethic, you'd think governments might have learned some sort […]
As expected, London gold forward rates are plunging again during the New York Comex delivery month. In the recent past, this signal of tight physical supplies has correlated with higher […]
Over the past 18 months we've seen nearly all of the Western nations move to prepare for bail-ins for the next financial crisis.  They're not doing that for no reason- […]
“Harry Reid, who last week hosted the fifth annual National Clean Energy Summit at the Bellagio Hotel and Casino in Las Vegas, has been “pulling strings behind the scenes” for […]
After the  adjustment of the data for inflation, it is clear that neither the US nor Japanese stock markets are out of their downtrend. They may have stopped falling in […]
There is a disturbing push by the FBI to create an extensive facial recognition database, which will include criminal and non-criminal photos alike.  The FBI reportedly is pushing to have […]
The distinguished analysts from Goldman Sachs have reiterated their 2014 forecast for gold to hit $1,050 by the end of the year. Goldman has a serious motivation for throwing the […]
Due to the tens of $trillions of liquidity the Fed and Central Banks threw into the financial markets, the 2009 Global Depression was averted.  This allowed BAU- Business As Usual […]
The US Federal Government has an incredible history of breaking codes and cracking encryption. They have an even greater ability to store an archive all communications, even if they're seemingly […]
What the financial crisis, subsequent taxpayer bailouts, zero prosecutions of financial industry participants and further consolidation of the economy by oligarchs has taught us more than anything else is that […]
    Gold Crash Anniversary Day
April 16, 2014
Gold is holding up reasonably well, considering that Indian buyers are so focused on the election. Generally speaking, this is the weak season for gold. Also, the April 12 – […]
The next crisis is going to be bigger than the Fed.   It is like they build a five foot sea wall and here comes a forty foot tsunami. There […]