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Could GE’s Slow Collapse Ignite A Financial Crisis?

Could GE’s Slow Collapse Ignite A Financial Crisis? Will GE be the proverbial “black swan?” – It had come to my attention that General Electric was locked out of the commercial paper market three weeks ago after Moody’s downgraded GE’s short term credit rating to a ratings level (P-2) that prevents prime money market funds […]

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The Employment Report Has Become Orwellian In The Extreme

The Employment Report Has Become Orwellian In The Extreme “Today’s job numbers might be the biggest disaster I’ve ever seen reported. This Fall could get real ugly real fast. The deterioration of the participation rate is so big it makes me suspicious of earlier numbers.” – John Titus, producer of Best Evidencevideos. Titus goes on […]

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More Evidence The Economy Is Deteriorating

More Evidence The Economy Is Deteriorating “Financial-market and economic prospects remain far shy of the hype and headlines, amidst tanking consumer optimism and negative revisions to recent reporting.” – John Williams, Shadowstats.com The economy may seem like it’s doing well if you are part of the upper 10% demographic. Though, in reality, for most of […]

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The Yield Curve Is The Economy’s Canary In A Coal Mine

The Yield Curve Is The Economy’s Canary In A Coal Mine The economy has hit a wall and is now sliding down it. I don’t care what bullish propaganda may or may not be bubbling up in the headlines from the financial media and Wall Street, the hard numbers I look at everyday show accelerating […]

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Gold EFPs: Absolute Proof That Paper Gold Is A Fraud

Gold EFPs: Absolute Proof That Paper Gold Is A Fraud IRD’s Note:  In the past year, there has been a noticeably substantial  increase in the use of the obscurely defined EFPs (Exchange for Physicals) and PNTs (Privately Negotiated Transactions) in the settlement of Comex gold and silver futures contracts.  In simple terms, the EFPs and […]

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The War on Gold Intensifies: It Betrays The Elitists’ Panic And Coming Defeat – Part 1

The War on Gold Intensifies: It Betrays The Elitists’ Panic And Coming Defeat – Part 1 Dictatorship (noun):  Definition #3:   absolute power or authority (Websters); Def. #2:   absolute, imperious or overbearing power or control (Random House); Def. #3:   Absolute or despotic control or power (American Heritage); Def. #3:  Absolute or supreme power or authority (Collins […]

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Get Ready To Party Like It’s 2008

Get Ready To Party Like It’s 2008 Apparently Treasury Secretary, ex-Goldman Sachs banker Steven Mnuchin, has threatened Congress with stock crash if Congress doesn’t pass a tax reform Bill.  His reason is that the stock market surge since the election was based on the hopes of a big tax cut.  This reminds me of 2008, […]

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Blatant Gold/Silver Manipulation Reflects The Complete Corruption Of The U.S. System

Blatant Gold/Silver Manipulation Reflects The Complete Corruption Of The U.S. System The morning of the FOMC announcement on Wednesday (Oct 28) gold was up $14 overnight, close to $1080 and the cartel’s dreaded 200 day moving average.  The “premise” was that the market was expecting another rate hike deferral. I friend called me that morning […]

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Pension “Armageddon” Got Closer Today

Pension “Armageddon” Got Closer Today The IMF fears underfunded pension funds could be encouraged to chase returns through riskier investments such as direct credit exposure or by engaging in securities lending in order to improve their funding ratios….The IMF’s comments echoed similar warnings from the OECD in May, when the Paris-based body said pension funds’ move towards […]

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Will Puerto Rico Cause An Inadvertent “Black Swan” Derivatives Melt-Down?

Will Puerto Rico Cause An Inadvertent “Black Swan” Derivatives Melt-Down? I really had not been paying much attention to the Puerto Rico debt situation.  After all, $72 billion in debt that might go bad – big deal.  The Fed can print up $72 billion in credit lines with the push of a button. But a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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