LATEST NEWS : Survey: Pessimism on Economy Has Grown Since Recession

Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health. Seventy-one percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being released Thursday by Rutgers […]

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LATEST NEWS : US economy contracts as tens of thousands are laid off

In recent days, several reports have surfaced that paint a grim picture of the United States economy. They provide details on how US gross domestic product (GDP), wage growth and consumer spending either stagnated or declined during the first quarter of 2014. This economic downturn corresponds with an increasing number of layoffs, which exceeded 14,000 […]

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The Issue: U.S. long-term unemployed about to lose extended benefits

Vera Volk of Lynn, Mass., is scared. With her state unemployment benefits about to run out, the federal extended benefits about to expire and her husband’s information technology consulting business in the tank, she doesn’t know how her family will survive. Volk was among the witnesses who appeared before a Democratic Steering and Policy Committee […]

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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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Canadian billionaire predicts end of US Dollar as world's reserve currency – Ned Goodman

“Canadian billionaire businessman Ned Goodman predicts the end of the U.S. Dollar as the world’s reserve currency. He predicts the transition out of the U.S. Dollar will become, “…quite ugly.” He delivered the lecture at Cambridge House’s Toronto Resource Investment Conference 2013 on Thursday, September 12, 2013.”   Continue reading on goldsilver.com

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Jim Rickards – Max Keiser interview

“In this episode of the Keiser Report, Max Keiser and Stacy Herbert, report from the heart of hedge fund land in Stamford and Darien, Connecticut, where they discuss the deja fraud of highly leveraged markets five years after Lehman collapsed and the nonsense job economy in which highly trained engineers spend their working lives dividing […]

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