Putin topples Obama as world’s most powerful man

Russian President Vladimir Putin has been named the most powerful person in the world by Forbes magazine. The Russian leader moves from third in 2012 to first in this year’s rankings, while US President Barack Obama drops to second place, according to the US business magazine published on Wednesday.   continue reading at thebricspost.com

Continue reading

US #1 in Oil: So Why Isn’t Gasoline $0.80 per Gallon?

While the White House spied on Frau Merkel and Obamacare developed into a slow-moving train wreck, while Syria was saved from all-out war by the Russian bell and the Republicrats fought bitterly about the debt ceiling… something monumental happened that went unnoticed by most of the globe. The US quietly surpassed Saudi Arabia as the […]

Continue reading

Debt-to-GDP ratio in China said to reach 167%

China’s debt-to-GDP ratio reportedly reached 167% last year, the figure having surged rapidly since 2008, reports the Guangzhou-based Southern Metropolis Daily. Although the country’s National Audit Office has yet to reveal its official figures, state-owned financial service company Guosen Securities said that as of the end of last year the ratio reached 167% of GDP. […]

Continue reading

Bad loans in China a result of RMB4tn stimulus

In 2008, China implemented a 4 trillion yuan (US$656 billion) stimulus package to boost the slowing economy and to cope with the global financial crisis. While the package gave a strong boost to the economy, its side effects, most notably bad loans, have had a lasting effect, unleashing a debate on the pros and cons […]

Continue reading

Don’t Worry – The Government Says That The Inflation You See Is Just Your Imagination

If you believe that there is high inflation in the United States, you are just imagining things.  That is the message that the U.S. government and the Federal Reserve would have us to believe.  You might have noticed that the government announced on Wednesday that the cost of living increase for Social Security beneficiaries will only […]

Continue reading

Investing in Silver Today: Six Bullish Price Indicators

In this time of economic uncertainty, investing in silver and other precious metals instruments is a must. By devoting even a small portion of a portfolio to precious metals, investors gain valuable protection against inflation, stock market drops, and any other repercussions from Washington’s debt-ceiling drama. So far this year, investing in silver has been rocky. Silver prices have […]

Continue reading

How gold protects investors' purchasing power

If the US Federal Reserve continues to print money at the current rate of $85 billion a month and do not announce any cutbacks to its quantitative easing program today, the US central bank’s balance sheet would top the $4 trillion mark by the end of the year. Expectations vary widely on when the Fed […]

Continue reading

Celente – Get Ready, Capital Controls Coming To US & Europe

Today top trends forecaster Gerald Celente warned King World News that capital controls are coming to the United States and Europe.  Celente also discussed what this means for the gold market.  Celente is the founder of Trends Research, and the man many consider to be the top trends forecaster in the world.  Below is what […]

Continue reading

World Trade Turning Negative – Same as Protectionism

A 30-year trend of trade growing at twice the speed of the global economy has come to an end thanks to the USA hunting Americans worldwide. I have been warning these morons, so desperate for money, have been systemically destroying the world economy. The official trend in global trade is now starting to turn negative […]

Continue reading

Gold and the evolution of the dollar

As more and more liquidity is pumped into the global financial system, so gold bugs have become increasingly vocal about the precious metals monetary properties and the importance of hard assets. And, for good reason, they argue, the metal has been used as a monetary asset for centuries.  But, while it remains a medium of […]

Continue reading