infowars.com / CAMILA RUSSO AND CHARLIE DEVEREUX / AUGUST 22, 2014
First came the default, then a proposed debt swap aimed at circumventing a U.S. court ruling that could normalize Argentina’s relations with foreign investors. Now traders foresee a devaluation for the second time this year.
Argentina’s peso sank 1.5 percent this week [...]
kingworldnews.com / March 23, 2014
Today Canadian legend John Ing spoke with King World News about a coming supply crunch in the gold market. Ing, who has been in the business for 43 years, also believes this will lead to a default that will create a “dramatic and disorderly move up in gold.” Below is [...]
mybudget360.com / by mybudget360 / March 15, 2014
Would you lend money to someone that you knew would never pay you back? The answer is, probably not unless you are okay with burning through hard earned cash. The global central banks unfortunately have entered into terminal velocity when it comes to debt support. The U.S. [...]
brucekrasting.com / SUNDAY, MARCH 9, 2014
In March of 2011 I had this to say about Puerto Rico and its muni bonds:
The weather is great. The beaches are beautiful. The food is good and the drinks are better. The bonds, on the other hand,don’t get on my “buy” list.
We damn near had [...]
utopiathecollapse.com / February 11, 2014
February 2014 – UKRAINE – The worsening political and economic circumstances in Ukraine has prompted the Fitch Ratings agency to downgrade Ukrainian debt from B to a pre–default level CCC. This is lower than Greece, and Fitch warns of future financial instability. “Intensification of political and economic [...]
foxbusiness.com / Published February 03, 2014 / Reuters
The Obama administration warned on Monday it could start defaulting on the government’s obligations “very soon” after hitting a limit on the national debt later this month.
Treasury Secretary Jack Lew said the federal government should hit the ceiling by the end of February unless Washington raises [...]
thenationalrealestatepost.com / January 23, 2014
There are 19 lenders sitting on top of $325 billion dollars of Heloc’s that are ready to reset. When they do, lenders are somewhat fearful that it may result in new defaults.
Back in 2005 there were a lot of HELOC’s that were made. Well believe it or not, many [...]
zerohedge.com / by Tyler Durden on 12/22/2013
Just shy of the new year, financial markets continue to be dominated by the extent of monetary accommodation. Especially in major advanced economies, bonds and stocks have shrugged off the summer sell-off and posted gains on the view that low policy rates and large-scale asset purchases would [...]
kingworldnews.com / December 16, 2013
With continued chaos around the world and uncertainty in global markets, today KWN is publishing an incredibly powerful piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, discusses hyperinflation, default, Bitcoin, gold and China. Below is Russell’s tremendous piece.
tradewithdave.com / Sunday, December 8th, 2013 at 6:45 am
As the deflation/inflation debate rages on and everyone from Peter Schiff to Martin Armstrong points to two possible roads in the Robert Frost Yellow Wood, it is rare to hear anyone express the Average White Band meets Marie Antoinette “Cut The Cake”strategery where you can [...]
kingworldnews.com / Sunday, November 3, 2013
PLEASE CLICK ON PICTURE TO LISTEN TO THIS EXCLUSIVE INTERVIEW