Are You Crazy To Continue Believing In Collapse?

It’s nerve-wracking to live in the historical moment of an epic turning point, especially when the great groaning garbage barge of late industrial civilization doesn’t turn quickly where you know it must, and you are left feeling naked and ashamed with your dark worldview, your careful preparations for a difficult future, and your scornful or […]

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Bernanke Says QE Works While Posing No Immediate Bubble Risk

Federal Reserve Chairman Ben S. Bernanke defended quantitative easing, saying it has helped the economy and shows no immediate sign of creating a bubble in asset prices. “We don’t think that financial stability concerns should at this point detract from the need for monetary policy accommodation which we are continuing to provide,” he said today in Washingtonat a […]

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China’s yuan makes waves on international currency markets

Evidence the yuan is becoming truly global can be found in Rongrong Huo’s passport, which shows the HSBC banker bouncing from Switzerland to South Africa fielding inquiries from a growing number of clients on how they can trade China’s currency. “The market potential is huge,” Huo, who heads HSBC’s yuan business development for Europe, said […]

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Bullard Says Taper Possible Next Month After Close QE Call

“Federal Reserve Bank of St. Louis President James Bullard, a voter on policy this year who has backed record stimulus, said a small tapering of bond buying is possible next month after the Fed made a close call this week in deciding not to slow purchases.”   Continue reading on bloomberg.com

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So Long Middle Class – Obama's World Sees Only Rich and Poor

“His words say one thing yet his policies say another.  If you aren’t listening closely you might not hear the contradiction in everything Obama says and does.  Not only recently with the erratic and mystifying policy with Syria, but just about every day with his speeches about “income inequality”, “the richest 1% not paying their […]

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Prepare For Tough Times If Your Job Has Anything To Do With Real Estate Or Mortgages

“If you have a job that involves building homes, buying homes, selling homes or that is in any way related to the mortgage industry, you might want to start searching for alternate employment.  Seriously.  Interest rates are starting to rise dramatically, and mortgage lenders such as Bank of America, Wells Fargo and JPMorgan Chase are […]

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How the Bank Lobby Loosened U.S. Reins on Derivatives

“One by one, Gary Gensler’s supporters deserted him. Now the chief U.S. regulator of derivatives was being summoned by Treasury Secretary Jacob J. Lew to explain why he refused to compromise. Banks and lawmakers, as well as financial regulators from around the world, had besieged Lew with complaints about Gensler’s campaign to impose U.S. rules […]

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China Prepares to Bail Itself Out

“There has been an increase in the value of non-performing loans (NPLs) in the banking system since Q3 2011 (see Chart below), as the economy has slowed. At face value, this problem does not yet appear too serious, given that NPLs are less than 1% of outstanding loans, according to official data. However, the real figure […]

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Third Lesson – The one that allowed me to do my first deal!

This lesson allowed me to do my first deal. I trust you’re enjoying these lessons, they are the fundamental to ANY successful investment. Whether property, stocks or Gold & Silver – these fundamentals apply, I’ve used them repeatedly in EVERY investment, and they’ve never let me down. Ok – so whats the last one? Well, this one actually allowed me to […]

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