LATEST NEWS : World braces as deflation tremors hit Eurozone bond markets

Eurozone fears have returned with a vengeance as deepening deflation across Southern Europe and fresh turmoil in Greece set off wild moves on the European bond markets. Yields on 10-year German Bund plummeted to an all-time low on 0.72pc on flight to safety, touching levels never seen before in any major European country in recorded […]

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LATEST NEWS : JAPAN ECONOMY STALLS AS INCOMES, SPENDING LANGUISH

TOKYO (AP) — Japan’s vital signs remained weak in July as wages fell further and household spending dropped, signaling continued weakness in the world’s third-largest economy. Data released Friday showed the inflation rate was unchanged from the previous month. The core price consumer index that excludes volatile fresh food prices rose 3.3 percent in July, […]

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LATEST NEWS : A Brief History of US Money – Crash Course Chapter 9

Looking at the past 100 years of the US dollar’s history, one theme becomes abundantly clear: in times of crisis, the US government has no issue with changing its own rules or breaking its own laws. And those “temporary” emergency measures have a nasty habit of quickly becoming permanent. Among the more notable milestones of […]

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LATEST NEWS : Evans-Pritchard: ECB's Embrace of Deflationary Policy Means 'Mass Unemployment'

The European Central Bank (ECB) is pursuing a deflationary policy that spells trouble for the eurozone economy, says Ambrose Evans-Pritchard, a columnist for The London Telegraph. “The ECB has failed to meet its 2 percent inflation target or to comply with its other Treaty obligation of supporting jobs and growth,” Evans-Pritchard writes. “It admits that this inflicts […]

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Who Really Makes The Most Money

Of the 25 companies with the largest corporate profits in the world, banking, energy and technology firms are absolutely ranking it in. Collectively, they made $567,856,000,000 in 2012 alone. And that’s only 25 of the most profitable companies in the world. Let’s put all that cash into perspective. That enough money to … continue reading at goldsilver.com […]

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Profound Cosmic Wisdom (PCW) Revealed

Gearing up for Thanksgiving dinner, I am not going to be caught interpersonally unprepared this year, and am compiling some handy notes that I can use in the inevitable awkward family conversations, such as somebody remarking “Boy! There are some good smells coming out of the kitchen!” This year I can keep the conversation ball […]

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THE END OF THE DOLLAR STANDARD GRAPHIC – THE CURRENCY GRAVEYARD

Above is a graphic I recently made outlining the events that are leading to the end of the dollar standard.  As many of you are aware, there is an ever increasing amount of news being released with negative signs for the dollar and the US economy in whole.  How long other countries will continue to […]

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The Euro Could Disappear In 10 Years – BlackRock CE

The euro could be in danger of disappearing within the next decade if France does not continue pushing economic reforms, BlackRock Capital boss Larry Fink said Tuesday. Fink expressed his concern about the health of one of Europe’s largest economies at The New York Times’s DealBook Conference, mentioning France’s recent downgrade by Standard & Poor’s. “I don’t think […]

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Balance Sheet Liquefaction And The Race For Precious Metals

  The Fed seems to be stuck because of housing market weakness and its associated mortgage backed securities. The repo market appears to be where the stress is most threatening, though hidden from view. These trillion dollar daily transactions are the lifeblood of world financial markets. Furthermore, the size of global financial markets has become […]

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Deflation, Inflation Both Inevitable Outcome of Fed Actions

Deflation or inflation? Which lies ahead seems to be the question, as the Federal Reserve Bank continues to inflate, adding to the currency supply at a pace of $85 billion each month. But after blowing a huge bubble, isn’t it eventually liable to pop, deflating? As Mark Jeftovic wrote at Wealth.net, “most people think that prices slowly, […]

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