Called It

You thought my last piece on "Bond Vigilantes" was a joke, didn't you? NOPE. On Zerohedge today: The Bond Vigilantes Are Here: US Net Notional CDS Outstanding Surpasses Greece For The First Time As the first chart below shows [follow the link to see the charts and the article], of the Top 25 CDS outstanding [...]

By |2011-07-20T20:18:12-04:00July 20th, 2011|Economy|0 Comments

Has The Dollar Lost Reserve Currency Status?

Consider: normally, during international crises, financial crises, etc., a phenomenon occurs known as "flight to safety." In the past, this has been synonymous with "flight to the dollar." During normal economic times, risk assets (stocks, commercial buildings, etc) are a good way to earn return on your investments. When a crisis hits, there is a [...]

By |2011-03-02T20:37:38-05:00March 2nd, 2011|Economy|1 Comment

May You Live In Interesting Times

Events are moving faster than most can keep up with. One thing liberty advocates must always be alert for is the dreaded deep cover mole. These are people and organizations who pretend to support you and your cause but who can be counted on to double cross you at critical moments, even if that means [...]

By |2011-02-21T19:21:48-05:00February 21st, 2011|Tea Party, Uncategorized|0 Comments

Get Ready For Higher Food Prices

...or at least so says this article from Omaha.com (props to Zerohedge for the link): Warnings of higher food prices headed for American supermarkets and restaurants were swallowed easily across much of farm country Wednesday. The big gulp came when the U.S. Department of Agriculture reported that global demand had pushed U.S. corn supplies to their [...]

By |2011-02-10T18:39:39-05:00February 10th, 2011|Economy|0 Comments

Updates: Financial News Piles Atop Itself

Where do I start? ZOMG. Item #1: The Ben Bernank is where he belongs, on the defensive. Let's keep him there. The Bernank had to go on friendly government TV for a softball interview with 60 Minutes. The Bernank: "One myth that’s out there is that what we’re doing is printing money. We’re not printing [...]

By |2010-12-08T00:01:41-05:00December 7th, 2010|Uncategorized|0 Comments

FraudClosure Alert!

Update on Foreclosure Fraud; in a piece last month I brought the fraudulent foreclosure mess to your attention. I have not pounded the table on this issue because the state Attorneys General were in the midst of a joint investigation, and Obama had vetoed an attempt by the banksters to paper over their paper mess [...]

By |2010-11-17T17:16:54-05:00November 17th, 2010|Uncategorized|2 Comments

Financial News Update

There's a lot happening, so this installment is teasers and links to several important financial news items. Bloomberg: Bernanke Asset Purchases Risk Unleashing Inflation (Update1) Bernanke next week is likely to preside over a decision to launch another round of large-scale asset purchases after deploying $1.7 trillion to pull the economy out of the financial [...]

By |2010-11-01T19:17:28-04:00November 1st, 2010|Economy|0 Comments

JPMorgan and HSBC Sued for Precious Metals Market Manipulation

Blythe Masters...call your office. I have so enjoyed watching this story unfold. Remember this piece? A certain commodity market analyst named Ted Butler has been writing about commodity manipulation for decades. He found that a few large banks held short positions (had sold promises to deliver) silver on the COMEX equal to hundreds of millions [...]

By |2010-10-28T12:24:25-04:00October 28th, 2010|Economy|0 Comments

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