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 | Mac Slavo - ShtfPlan |
| Crisis On The Horizon: Will It Be Economic Collapse? Global Civil Unrest? War? We Won’t Have To Guess Much Longer… |
| “Never let a crisis go to waste.”
-Rahm Emmanuel
The algorithm is simple: Governments coerce their pet monkeys to pay taxes into the system – the self-perpetuating machine – and thereby the monkeys become the very sources of funding to build, equip, staff, and enforce their own incarceration.
There are too many individuals with dreams, plans, goals, and ambitions for themselves and their families. There is too much individualism. It eventually must be crushed, in order to maintain the existinSunday, June 25, 2017 |
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 | Mish - Global Economic Analysis |
| GE’s Pension Time Bomb: Shortfall $31 Billion and Rising |
| GE has the largest pension shortfall in the S&P 500. It’s a $31 Billion Balance Sheet Hole That Keeps Growing.
At $31 billion, GE’s pension shortfall is the biggest among S&P 500 companies and 50 percent greater than any other corporation in the U.S. It’s a deficit that has swelled in recent years as Immelt spent more than $45 billion on share buybacks to win over Wall Street and pacify activists like Nelson Peltz.
In the last two years, GE spent little more than $2 billion on total pension conSunday, June 25, 2017 |
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| USA GOLD - USA Gold |
| The Daily Market Report: Gold Firms Modestly |
| USAGOLD/Peter Grant/06-22-17
Gold is modestly higher, having stabilized above the 1241.30/1235.82 support zone (trendline/200-day moving average). Some additional upside follow-through above the 1261.78 retracement level would be encouraging and help confirm that the pattern of higher-highs and higher-lows that has been evident so far this year, is still intact.
The Senate rolled out their secret healthcare reform legislation this morning. The accompanying headlines immediately indicated it did Friday, June 23, 2017 |
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 | Ronan Manly - Bullion Star |
| Are the World’s Billionaire Investors Actually Buying Gold? |
| Infographic website Visual Capitalist recently published an eye-catching infographic on behalf of Sprott Physical Bullion Trusts which featured 4 well-known billionaire investors and their supposed investments in gold. The infographic is titled “Why the World’s Billionaire Investors Buy Precious Metals” and can be seen here.
The 4 investors profiled in the infographic are:
Jacob Rothschild (Lord), chairman of London-based investment trust RIT Capital Partners Plc
David Einhorn, president of ManFriday, June 23, 2017 |
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| Mac Slavo - ShtfPlan |
| Canary In The Coal Mine: Unfunded Liabilities Have Turned Illinois Into A “Banana Republic” On The Brink Of Bankruptcy |
| Illinois is the perfect example of what happens when your state is run by fiscally irresponsible dunces for decades. The state is buried debt, and hasn’t passed a budget in over 700 days. 100% of their monthly revenue is being consumed by court ordered payments, and the Illinois Department of Transportation has revealed that they may not be able to pay contractors (who are working on over 700 infrastructure projects) after July 1st if the state doesn’t pass a budget. To top it all off, the stateFriday, June 23, 2017 |
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| Mish - Global Economic Analysis |
| Citizens Will Soon Turn their Rage Towards Central Bankers |
| Via Email, I received an interesting article from Albert Edwards at Societe Generale. Edwards claims citizens will soon turn their rage towards Central Bankers.
In an age of “radical uncertainty” how long will it be before angry citizens tire of blaming an impotent political system for their ills and turn on the main culprits for their poverty – unelected and virtually unaccountable central bankers? I expect central bank independence will be (and should be) the next casualty of the current poliFriday, June 23, 2017 |
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 | Egon von Greyerz - Matterhorn AM |
 HUBRIS KILLS WHILST GOLD PROTECTS  |
| Hubris is a deadly sin. It is an arrogance and conceit of the highest degree that eventually leads to failure. As we reach the final stages of the current economic cycle, hubris is prevalent everywhere. Central bankers and bankers believe that they can continue to create wealth by printing and borrowing money. Since it has worked so well for 100 years in this latest cycle, why can’t it continue?
The laws of nature can’t be set aside
Throughout history, governments have attempted to set aside thThursday, June 22, 2017 |
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 | Phoenix Capital - Gains Pains & Capital |
| Junk Bonds Signal the Great Global Debt Binge Is Coming to an End |
| The market has gone absolutely nowhere for 15 weeks now.
That is not a typo, nor am I bearing overly negative. Since the end of February, when President Trump last tweeted that he had big plans for the economy, the S&P 500 is up a total of just 1.6% or roughly 39 points.
And THIS is the raging bull market that everyone is so crazy about? A market in which it took almost FOUR months for stocks to eek out a 1.6% gain?
Meanwhile against this backdrop of unhinged bullishness, the credit markets areThursday, June 22, 2017 |
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 | Alasdair Macleod - Finance and Eco. |
| Left wing, ... |
| One of the saddest things about Britain’s recent general election was the level of ignorance displayed by all parties on the broad subject of political economics. I use the term to include both political philosophy and pure economic theory.Labour, the Liberal Democrats and the Scottish Nationalists seem to think free markets are right-wing. The Conservatives appear to have lost all compass, most government ministers believing free markets without government regulation are chaotic, with unscrupulThursday, June 22, 2017 |
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 | Theodore Butler - Butler Research |
| A Rigged Game |
| 76 years ago, “Joltin’ Joe” DiMaggio was in the middle of the hitting streak of streaks that would come to 56 consecutive games and which has remained a major league baseball record to this day. That season (1941), the Yankee Clipper would bat .408 during the epic streak or more than 4 hits for every 10 at bats. Ted Williams, of the Boston Red Sox, had the highest batting average in 1941, hitting .406 for the entire season. What would you say if I told you that a batter had hit 1.000 for an entiThursday, June 22, 2017 |
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| Bullion Vault |
| Gold Bullion 'Set to Recover' as Stocks Fall 3rd Day on Global Crude Oil Glut |
| GOLD BULLION halved a 1% rally from yesterday's new 5-week lows against the Dollar on Thursday, dipping back below $1250 per ounce as world stock markets fell for a third day, pulled down by oil and energy shares.
Crude oil traded near 12-month lows around $42 per barrel of US benchmark WTI.
Major government bond prices rose, pushing 10-year US Treasury yields down towards their lowest since DonThursday, June 22, 2017 |
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 | Mark O'Byrne - gold.ie |
| Only Gold Lasts Forever |
| This current state of play won’t last forever. Only Gold lasts forever
Some days it can feel a little rough being a gold investor. In today’s article Dominic Frisby is certainly feeling that way. Sometimes it can be all too easy to get caught up in the day to day chat around prices. Some forget that the reasons why they invested are still strong, even if it feels like the price isn’t.
Frisby reminds us that ‘We know government finances do not pass basic safety standards. We know there’s too muchThursday, June 22, 2017 |
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| Mac Slavo - ShtfPlan |
| Republican Lawmaker Wants to Make It Legal to Carry a Gun in Washington DC… But Only for Congressmen |
| When it comes to gun control, no one is more hypocritical than liberal celebrities and politicians. While these people promote the end of gun rights for ordinary Americans, it’s often the case that they are protected in public and in their homes, by cadres of highly trained and armed bodyguards. They reap the benefits of the Second Amendment, while treating the rest of us like children who can’t be trusted with a gun.
However, it’s not just prominent liberals who are hypocritical when it comes tThursday, June 22, 2017 |
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| Sprott Money |
| An Empire Self-Destructs - Jeff Thomas |
| Empires are built through the creation or acquisition of wealth. The
Roman Empire came about through the productivity of its people and its
subsequent acquisition of wealth from those that it invaded. The Spanish
Empire began with productivity and expanded through the use of its
large armada of ships, looting the New World of its gold. The British
Empire began through localized productivity and grew through its
creation of colonies worldwide – colonies that it exploited, bringing
the wealThursday, June 22, 2017 |
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| Phoenix Capital - Gains Pains & Capital |
| We had just experienced exactly the type of free and honest fight club conversation that ZeroHedge enables |
| “At the time, my life just seemed too complete, and maybe we have to break everything to make something better out of ourselves.”
-Chuck Palahniuk, Fight Club
I am still trying to interpret and integrate all that I experienced and learned about disintermediation, about myself, and about y'all at last week's First ZeroHedge Symposium and Live Fight Club in Marfa, Texas. I hope that writing this after-action report will help me to better assimilate it.
Last Wednesday, I picked up the aquaponics Thursday, June 22, 2017 |
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 | Andy Hoffman - Miles Franklin |
| Valuation Anomalies Suggest Historic Precious Metal Lows |
| Today, we’re going to start with an interview with billionaire Frank Giustra – perhaps, Canada’s most famous mining stock promoter. Who, in this interview, comes as close to accusing gold of being manipulated as mainstream investors are “allowed.”
Do you think the gold market is manipulated?
No, I don’t think it is manipulated. Manipulation is a strong word. But I do believe it is managed, by the policy makers who need to keep confidence in a system when it goes sideways. Any major spike in tWednesday, June 21, 2017 |
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| USA GOLD - USA Gold |
| The Daily Market Report: Gold Eying Support Just Below the Market |
| USAGOLD/Peter Grant/06-21-17
Gold has turned more consolidative, having perhaps found support ahead of trendlines and the 200-day moving average. After closing lower in 8 out of the last 10 sessions, the yellow metal was arguably oversold on a short-term basis and is due for a bounce.
Despite continued firmness in the stock market and assurances from the Fed that all is well, there remains an underlying air of uncertainty that is helping to underpin the yellow metal with some safe-haven interestWednesday, June 21, 2017 |
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| Sprott Money |
| The End of Markets, Part I - Jeff Nielson |
| Readers in the Alternative Media may have noticed a distinct
drop-off in the number of articles that are published on “the gold market” or
“the silver market”. This is true even with respect to precious metals
commentators.
There is a very good reason for this. We no longer have
markets. To prove this assertion, as always, the place to start is definition
of terms.
What is a market? There are a number of ingredients in any
definition. However, first and foremost, a market is a forum for
human Wednesday, June 21, 2017 |
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| Mac Slavo - ShtfPlan |
| “Socialism Has Produced Some Very Powerful Millionaires”: As Venezuelans Starve In The Streets, The Elites Party On |
| It’s always funny to debate socialists on the merits of their ideology. If you point to a country like Venezuela, and say “See! This is what socialism leads to,” they’ll no doubt claim that it isn’t a real example of socialism. But if you went back in time by just a few years, you’d find that their perception of Venezuela was quite different.
Celebrities like Sean Penn, Oliver Stone, and Danny Glover praised the regime not too long ago, as did intellectuals like Noam Chomsky. Six years ago, BernWednesday, June 21, 2017 |
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