libertyblitzkrieg.com / Michael Krieger / Aug 29, 2014
Liberty Blitzkrieg was early in reporting on the trend of financial firms entering the U.S. residential real estate market with “all-cash” bids for tens of thousands of homes with the intention of turning former homeowners into permanent sources of rental income. The first of [...]
davidstockmanscontracorner.com / David Stockman / August 29, 2014
Folks, take economic cover. There is already a rabid financial mania loose in the land as reflected in the irrational exuberance of the stock market, but, in fact, the fairy tale economics fueling the current financial bubble is fixing to leap into a whole [...]
theeconomiccollapseblog.com / By Michael Snyder / August 28th, 2014
Wall Street banks are getting hit by cyber attacks every single minute of every single day. It is a massive onslaught that is not highly publicized because the bankers do not want to alarm the public. But as you will see below, one [...]
wolfstreet.com / by Wolf Richter / August 28, 2014
How much does it cost to manipulate an entire market? Not much. And it’s getting cheaper!
It was leaked on Tuesday by “people with knowledge of that matter,” according to the Wall Street Journal, that VC firm Kleiner Perkins Caufield & [...]
marctomarket.com / by Marc Chandler / August 26, 2014
The ECB reports money supply and new lending figures tomorrow. The central bank has acknowledged that there are preliminary signs that credit extension to households and businesses have begun improving. The ECB is not satisfied, and next month, the Targeted Long Term Repo facility will [...]
gata.org / By Ralph Atkins, Financial Times, London / August 27, 2014
Dear Friend of GATA and Gold:
In the conclusion of a series of articles about “asset bubbles,” today’s Financial Times shows that it is fully aware of market manipulation by central banks but still can’t bring itself to put [...]
ronpaulinstitute.org / August 26, 2014
Ron Paul and Mark Spitznagel share a passion for non-interventionism, free markets, and Austrian economics. Congressman Paul served many years as a U.S. Representative from Texas, spanning 1976 to 2013, and was a Republican presidential candidate in 2008 and 2012. He has written extensively on liberty and politics, including The [...]
jessescrossroadscafe.blogspot.com / 26 AUGUST 2014
“We run carelessly to the precipice after we have put up a façade to prevent ourselves from seeing it.”
Here is a brief excerpt from an article today by the amazing team of Pam and Russ Martens at Wall Street On Parade titled, Are U.S. Markets Liquid [...]
wolfstreet.com / by Wolf Richter / August 26, 2014
The S&P 500 hit the milestone of 2,000 yesterday before backing off. Today, it closed at 2,000 sharp, as if by coincidence. It’s up nearly 200% since March 2009. It hasn’t seen even a run-of-the-mill nothing-to-worry-about correction of 10% in almost three years, though these corrections [...]
zerohedge.com / by Tyler Durden on 08/26/2014 14:21
A few days ago, when we looked at what is one of the last tax havens in the world, the principality of Monaco, we uncovered not only the world’s most expensive Penthouse costing a whopping $400 million, but got some perspective on how far one’s [...]
libertyblitzkrieg.com / By Michael Krieger / Aug 25, 2014
Four days later, Camec announced it was using the money it raised to purchase a joint venture with the Zimbabwe Mining Development Corp., or ZMDC, Mugabe’s state-owned mining company. The joint venture owned the platinum stakes on the Great Dyke that had been [...]
rickackerman.com / BY RICK ACKERMAN / AUGUST 25, 2014 12:01 AM GMT
Who would have believed when the Great Financial Crisis was winding down five years ago that the feather merchants, unrepentant as always and eager to make up for lost time, would be right back at it, erecting an even bigger, shakier [...]
gold-eagle.com / By Vronsky / August 25, 2014
Today’s boundless investor complacency is eerily reminiscent of the unbridled investor euphoria of the roaring 1920’s. And all avid market students remember what happened then…i.e. the 1929 Stock Market Crash.
Pervasive investor complacency reigns in Wall Street today…similar to what caused myopic prudence [...]
thedailybell.com / By Staff News & Analysis / August 25, 2014
Here’s what it will take to trigger the next stock market correction … As Wall Street hit another new record Thursday, it is worth considering what could cause a serious setback in stock market prices around the world. Since [...]
zerohedge.com / by Tyler Durden / 08/24/2014 17:26 -0400
Outspoken Union Theological Seminary professor Cornel West goes where very few ‘thinkers-of-color’ have had the courage to go in this interview with Salon’s Thomas Frank: “The thing is, [Obama] posed as a progressive and turned out to be counterfeit. We ended up with [...]
gold-eagle.com / Mark J Lundeen / August 24, 2014
One issue the financial media is willing to ignore, but has been foremost in my mind for many years is the utter recklessness of the Federal Reserve’s “monetary policy.” Below is a chart the public will never see on CNBC, or anywhere else, but I believe [...]
streettalklive.com / Lance Roberts / 22 August 2014
I had to laugh this morning when I read Eddy Elfenbein’s commentary on the recent market correction:
“The vicious bear market that rocked Wall Street for a full two weeks has finally come to an end. Measuring from close to close, the S&P 500 [...]
zerohedge.com / by Tyler Durden on 08/22/2014 12:24
Confused by what Janet Yellen said? As it turns out, so is everyone else, where the prevailing sentiment across the sell-side analysts was that Yellen was not dovish enough. Then again, with expectations bordering on Yellen giving the “BTFATH” green light, there is no way [...]
davidstockmanscontracorner.com / by David Stockman / August 22, 2014
This profit stripping operation is simple. Foreign banks on Wall Street borrow from money market funds at an infinitesimal 3-6 basis points and then shuffle the loot down to 33 Liberty Street where the New York Fed pays them 25 basis points on the same funds. [...]
shtfplan.com / Mac Slavo / August 21st, 2014
If you want to know how crooks behave and what you can do to protect yourself, why not ask a former mob boss?
Michael Franzese was once a captain in the Colombo crime family and generated tens of millions of dollars for his [...]
zerohedge.com / by Tyler Durden on 08/21/2014 17:35
Rumors are rife that Burton Malkiel is preparing a sequel to his previous blockbuster that will be titled “A Random Straight Line On Wall Street.” Because, simply put, random walks are so pre-central-planning…
Just by eyeballing the lower pane in this chart, [...]
washingtonsblog.com / August 21, 2014
The Colombo crime family’s former boss – Michael Franzese – says even he doesn’t trust Wall Street.
Franzese – played by Joseph Bono in the 1990 Martin Scorsese movie “GoodFellas” – spent 10 years in prison after he was convicted on federal racketeering charges.
davidstockmanscontracorner.com / by David Stockman / August 21, 2014
Earlier this week Bloomberg published a devastating chart showing real hourly wage growth for the first 60 months of every cycle going back to 1949. The 11 cycle average gain was 9% and the largest was 19% a half century back.
wallstreetonparade.com / By Pam Martens and Russ Martens / August 20, 2014
Trader on the Open Markets Trading Desk at the Federal Reserve Bank of New York
According to the Oxford Dictionary, the word cartel can mean either businesses that seek to restrict competition or a coalition “intended to promote a mutual [...]
washingtonsblog.com / August 19, 2014
Was the Government Prepared to Deploy Snipers If the Occupy Protests Gained Momentum?
TruthDig reported last year:
“Did the FBI ignore, or even abet, a plot to assassinate Occupy Houston leaders?” asksinvestigative reporter Dave Lindorff at WhoWhatWhy. “What did the Feds know? Whom did they warn? And what did [...]
Senator Elizabeth Warren Questioning Janet Yellen During Senate Hearing on July 15, 2014
wallstreetonparade.com / By Pam Martens and Russ Martens / August 19, 2014
Two weeks ago, Paul Krugman used some expensive media real estate to write a propaganda piece on the unsupportable proposition that the Dodd-Frank financial reform legislation passed in 2010 [...]
zerohedge.com / by Tyler Durden / 08/19/2014 08:59 -0400
After June’s very disappointing housing starts and permits numbers, which plunged to 893K and 963K respectively well below consensus expectations, it was time for the Department of HUD to show how it’s done, and moments ago the July housing starts and permits data literally [...]
theburningplatform.com / By Jim Quinn / 18th August 2014
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be [...]
by William Banazi
washingtonsblog.com / August 18, 2014
Who Are the Worst Looters?
The looting in Ferguson, Missouri is inexcusable.
The hoodlums – apparently out-of-towners – are not only stealing and destroying private property for no good reason, but they are giving the peaceful protesters against the shooting of Michael Brown a bad [...]