LATEST NEWS: A Day Of Reckoning For The Euro Has Arrived – 26 TRILLION In Currency Derivatives At Risk

This is the month when the future of the eurozone will be decided.  This week, Greek leaders will meet with European officials to discuss what comes next for Greece.  The new prime minister of Greece, Alexis Tsipras, has already stated that he will not accept an extension of the current bailout.  Officials from other eurozone […]

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LATEST NEWS: We Just Witnessed The Worst Week For Global Financial Markets In 3 Years

Is this the start of the next major financial crisis?  The nightmarish collapse of the price of oil is creating panic in financial markets all over the planet.  On June 16th, U.S. oil was trading at a price of $107.52.  Since then, it has fallen by almost 50 dollars in less than 6 months. continue […]

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LATEST NEWS : Most People Don’t Believe It, But We Are Right On Schedule For The Next Financial Crash

People have such short memories.  Even though we are repeating so many of the same patterns that we witnessed in 2000-2001 and 2007-2008, most people do not think that another financial crash is coming.  In fact, with the stock market setting record high after record high lately, I have been taking quite a bit of […]

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LATEST NEWS : De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar

Is the petrodollar monopoly about to be shattered?  When U.S. politicians started slapping economic sanctions on Russia, they probably never even imagined that there might be serious consequences for the United States.  But now the Russian media is reporting that the Russian Ministry of Finance is getting ready to pull the trigger on a “de-dollarization” […]

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Will the Next Financial Crisis Cost More than $14 Trillion?

“The psychological hangover from the 2007-2009 financial crisis seems to still be with us. Indeed, in the second edition of Conquer the Crash (p. 91), Robert Prechter noted: “The psychological aspect of deflation and depression cannot be overstated.” But the worst of the financial crisis was five years ago. Is it odd to even mention […]

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They Actually Expect Us To Have Faith In These Financial Markets After This Week?

“What in the world is happening to our financial markets?  Trading on the Nasdaq was halted on Thursday for more than 3 hours, and the only formal explanation that we got was that it was a “technical issue”.  On Tuesday, Goldman Sachs made thousands of “erroneous trades” that are now being canceled.  If those trades […]

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18 Signs That Global Financial Markets Are Entering A Horrifying Death Spiral

“You can see it coming, can’t you?  The yield on 10 year U.S. Treasuries is skyrocketing, the S&P 500 has been down for 9 of the last 11 trading days and troubling economic news is pouring in from all over the planet.  The much anticipated “financial correction” is rapidly approaching, and investors are starting to […]

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Those That Are Not Preparing For The Coming Economic Depression Are Going To Bitterly Regret It

“The next great economic crisis is rapidly approaching, and most people are going to be totally blindsided by it.  Even though the warning signs are glaringly obvious, most Americans continue to believe that our “leaders” know what they are doing and that everything will be just fine.  But what will happen when the next great […]

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Doubts Arise Over U.S. Dollar’s Strength

“The dollar is stumbling as investors begin to question the relative strength of the U.S. economic recovery, which had powered a rally in the greenback in the first half of 2013. The WSJ Dollar Index, a gauge of the dollar’s exchange rate against seven of the world’s most heavily traded currencies, is down 4% in […]

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