Europe’s Weakest Link: Why Italy Could Reignite The European Crisis

“The capital outflow from the emerging markets is proving as destabilizing as the previous inflows. Pundits can talk about currency wars all they want, but the real issue is the ability to cope with volatile capital flows, which is the price of integration in global economy. In fact, the real surprise is the limited resort […]

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Jim Rogers expects higher gold prices, and Marc Faber does too!

“It’s not a surprise to hear that billionaire investor Jim Rogers, who’s usually bullish on commodities, expects higher prices for gold, but The Gloom, Boom & Doom Report’s Marc Faber said he does too. In a video interview with Reuters’ Tara Joseph posted Wednesday, Jim Rogers, investor and chief executive officer of Rogers Holdings said: […]

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Personal Income, Spending Miss; Employee Compensation Plunges

“On the surface, today’s Personal Income and Savings [6]data was not pretty: with Incomes and Spending both rising at 0.1% in July, both missed the expected growth rate of 0.2% and 0.3% respectively. This also meant that the US consumer’s savings rate was unchanged at 4.4% in the month, and the downtrend from recent highs […]

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Two Months And Counting To The Real Debt Ceiling D-Day

“There has been much confusion in the past several months relating to the US debt ceiling, and specifically the fact that total debt subject to the limit has been at just $25 million away from the full limit since late May. As we explained first in January 2011 [5], there is nothing sinister about this. […]

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This is What The Impending War with Syria Means for Gold

“Without sifting through the rotting underbelly of the political machine to determine the real reasons why the US needs to go to war in Syria, I’d like to look at what the coming war means for real money. Yes, the shiny stuff. There are a few common misconceptions that surround war and gold: War is […]

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Silver Price Forecast: Massive Debt Levels Will Push Silver To $150 And Beyond

“The massive debt bubble created by our monetary system is about to burst. The demonetization of gold and silver, has over the years diverted value from these metals, to all paper assets (such as bonds) linked to the debt-based monetary system. The process of the devaluation of gold and silver, started by the demonetization of […]

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Albert Edwards Storms Out Of The Gate With Calls For 450 On The S&P, Sub-1% 10 Year, And $10,000 GOld

“It has been a while since Albert Edwards updated the world on his macro and market thoughts. He finally does so today with a tour de force on the crash in the emerging markets, which for him exposes the “idiocy of one of the key investment themes since the 2008 Great Recession – namely that […]

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Precious Metals Will Rise As the Economic Recovery Disintegrates

“What we are witnessing here is the disintegration of the so-called economic recovery.  A great deal of effort by the FED to print, pump and prime the market seems to be losing steam.  The tide has now changed as the broader stock markets decline, the precious metals have decoupled moving higher making significant gains. The […]

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Obama Under Pressure on His Syria Nonsense

“Obama is not finding it as easy to start a war as Dick Cheney via his patsy George Bush, Jr. Three letters were delivered from Congress to Obama. They informed him that he should not go to war with Syria before Congress returns. Obama tried to skirt that issue of not consulting Congress by just […]

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Truth In Humanity Is Dead

“Truth in humanity is dead. Certifiable nuts are on the loose with their evil ways and means. The lies on all sides of today’s market and politics have risen to levels never before witnessed. World War III is available to any high placed nut that wants to start it. Gold is going to and above […]

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