One of the men that won the Nobel Prize for economics this year says that “bubbles look like this” and that he is “most worried about the boom in the U.S. stock market.” But you don’t have to be a Nobel Prize winner to see what is happening. It should be glaringly apparent to anyone with half a brain. The financial markets have been soaring while the overall economy has been stagnating. Reckless injections of liquidity into the financial system by the Federal Reserve have pumped up stock prices to ridiculous extremes, and people are becoming concerned. In fact, Google searches for the term “stock bubble” are now at the highest level that we have seen since November 2007. Despite assurances from the mainstream media and the Federal Reserve that everything is just fine, many Americans are beginning to realize that we have seen this movie before. We saw it during the dotcom bubble, and we saw it during the lead up to the horrible financial crisis of 2008. So precisely when will the bubble burst this time? Nobody knows for sure, but without a doubt this irrational financial bubble will burst at some point. Remember, a bubble is always the biggest right before it bursts, and the following are 15 signs that we are near the peak of an absolutely massive stock market bubble… [Read more...]
Society’s veneer is down to rice paper. After Christmas, it’ll be gossamer.
So what happens when interest rates revert to reality and spike up, destroying even the ability to pretend all is well?
That’s when the fun starts. [Read more...]
Gerald Celente joins our friends at the SGTReport to discuss the possibility of a March-June 2014 U.S. economic collapse. Celente says, “Look at the facts, they’re rigging the Forex, that’s $5.5 TRILLION per day being traded! They’ve rigged the LIBOR rates, the interest rates … it’s larceny. It will take a crisis to get these things to unravel, and this time they’re running out of games on how to fix it.” Gerald says, “At some point they’re going to have to stop unraveling this money pool they’ve been filling up.”
In several moments of pure, unadulterated candor the Trends Journal founder lays our nation’s problems bare, “You’re seeing fascism with the BANKS taking over the country. The ENTIRE system is rotted. We have to get rid of the political parties that have DESTROYED this nation. The people have to mobilize, NO political parties. People that vote for Democrats and Republicans are voting for more war, more raping of our Constitutional rights and more degradation of the human spirit. How much more proof do they need? …It’s a criminal operation.” [Read more...]
How will you survive the coming collapse? Whether it’s the destruction of the environment that causes a collapse in our way of life, or an economic collapse, or a combination of the two – we all need to prepare for worst case scenarios. Mike and Brad from Full Spectrum Survival join the SGTReport to discuss strategies to combat Fukushima radiation, how to survive killer storms, and even how to deal with the eugenics-like ramifications of Obamcare. [Read more...]
Investigative reporter Michael Snyder says, “The only way they got the unemployment rate to go down is pretending that millions, upon millions, upon millions of Americans don’t want to work anymore. . . .If the labor force participation rate was exactly the same as it was when Obama was first elected, the unemployment rate would be 11%, and everybody would talking about an economic depression.” Snyder warns, “We’ve seen absolutely no employment recovery; and, meanwhile, the next great wave of economic crisis is rapidly approaching.”
Snyder contends, “What the Federal Reserve is doing is utter insanity. . . . The rest of the world is starting to lose faith in our financial system and the U.S. dollar, and this is the most important consequence of QE (money printing). They actually use more dollars outside the U.S. than inside the U.S. The economic collapse is happening right now, and it is a steady decline punctuated by moments of crisis like we saw back in 2008.”
Join Greg Hunter as he goes One-on-One with Michael Snyder of TheEconomicCollapseBlog. [Read more...]
What we are witnessing here is the disintegration of the so-called economic recovery. A great deal of effort by the FED to print, pump and prime the market seems to be losing steam. The tide has now changed as the broader stock markets decline, the precious metals have decoupled moving higher making significant gains.
The U.S. economy has been nothing more than a series of bubbles ever since it transitioned out of manufacturing and into a service economy.
We now are at the very last and largest bubble in history — the U.S. Treasury Bubble.
With war on the horizon in Syria and the continued disintegration of the U.S. economy… things are about to get very interesting in the gold and silver markets. [Read more...]
There is increasing evidence that another Financial and Economic Meltdown is coming and that it will be worse than the one in 2008-2009. And even respected Financial Establishment Figures like John Hussman are beginning to go public with their concerns.
Indeed, perhaps The Main Indicator – The Greatest Bubble Asset – that a Great Meltdown is coming is already signaling it is launching. [Read more...]
In this interview with Finance & Liberty’s Elijah Johnson, Ann Barnhardt, founder of the former Barnhard Capital Management exposes the blatant fraud in US financial markets, the recent IRS scandal, the financial enslavement of the American people, and whether Obama is conspiring to intentionally collapse the US economy!
Barnhardt, who warned SD readers last year to get their funds out of the system (prior to the Cyprus bail-in shot that was heard round the world) stated:
It doesn’t matter how honest your local bankers or wealth managers are, the problem is systemic and it will touch every person on earth!
Employers are cutting full-time employees back to part-time to avoid the requirement of providing health insurance under Obama Care.
Trader Karl Denninger says, “As the Obama Administration runs against the economic reality of what they passed, they are now trying to find ways to dodge it. . . . The Obama Administration’s reaction to this has been to unilaterally, and by the way illegally, put off the imposition of mandate.” This is not going to save the teetering economy as Denninger contends, “Bernanke has lost control of the bond market and, in general, his policy. . . . The reality is the Fed is not in charge, and when that confidence level breaks, you are going to see all hell break loose.” Denninger goes on to predict, “We are setting up for a collapse that is going to be worse than 1929, and it’s going to come sometime within the next two years. It could come as soon as the next couple of months, but it is going to happen, and there’s nothing that is going to stop it.” Join Greg Hunter as he goes One-on-One with Karl Denninger. [Read more...]
The U.S. Economy is still heading for a train-wreck, but you wouldn’t know it if you pay attention to the information and data coming out of the Main Stream Media. I am completely surprised at the apathy and nonchalant behavior of the investing public as the economic conditions continue to deteriorate.
At some point in time, these conditions will disintegrate more rapidly into an exponential free-fall. Once the U.S.A. Titanic finally sinks this time, there will be no coming back. This will be the time we will experience the great wealth transformation from paper to physical… especially gold and silver. [Read more...]
Deep corruption is eating away at every level of American society like cancer. We can see this in our families, we can see this in our businesses, and we can especially see this in our government. We have the highest rate of divorce in the world, we have the highest rate of teen pregnancy in the world, we have the highest rate of obesity in world, and nobody has higher rates of cancer, heart disease and diabetes than we do. The suicide rate is soaring and our economy is falling apart. Meanwhile, our politicians seem absolutely clueless and we have piled up the biggest mountain of debt that the world has ever seen. Has America ever been in such bad shape before? The following are 20 examples of how America is rapidly going down the toilet… [Read more...]
Legendary gold trader Jim Sinclair has sent subscribers a shocking warning regarding the inevitability of depositor bail-ins coming to North America.
Sinclair states that there is no longer a question of whether a bail-in will occur in the US & Canada, but it is a question of how big it will be.
Sinclair advises subscribers that the simple answer to that question is that the size of the coming depositor bail-in will be the size of the entire OTC derivative losses.
Jim states that: This is how our new billionaires and trilionaires will preserve their capital for ten generations to come because they have all the above ground physical gold, all of it, by hook or crook.
Are you preparing for this transaction or are you going to be an accident of the Great Leveling of 2015-2016?
Sinclair’s full alert on the massive depositor bail-in coming to North America in 2015-16 is below: [Read more...]
Basel III: How The Bank For International Settlements Is Going To Help Bring Down The Global Economy
A new set of regulations that most people have never even heard of that was developed by an immensely powerful central banking organization that most people do not even know exists is going to have a dramatic effect on the global financial system over the next several years. The new set of regulations is known as “Basel III”, and it was developed by the Bank for International Settlements. The Bank for International Settlements has been called “the central bank for central banks”, and it is headquartered in Basel, Switzerland. 58 major central banks (including the Federal Reserve) belong to the Bank for International Settlements, and the decisions made in Basel often have more of an impact on the direction of the global economy than anything the president of the United States or the U.S. Congress are doing. All you have to do is to look back at the last financial crisis to see an example of this. Basel II and Basel 2.5 played a major role in precipitating the subprime mortgage meltdown. Now a new set of regulations known as “Basel III” are being rolled out. The implementation of these new regulations is beginning this year, and they will be completely phased in by 2019. These new regulations dramatically increase capital requirements and significantly restrict the use of leverage. Those certainly sound like good goals, the problem is that the entire global financial system is based on credit at this point, and these new regulations are going to substantially reduce the flow of credit.
The only way that the giant debt bubble that we are all living in can continue to persist is if it continues to expand. By restricting the flow of credit, these new regulations threaten to burst the debt bubble and bring down the entire global economy.
Not that the current global financial system is sustainable by any means. Anyone with half a brain can see that the global financial system is a pyramid scheme that is destined to collapse… but Basel III may cause it to collapse faster than it might otherwise have. [Read more...]
Each passing day, the world gets closer to a total collapse of the global fiat monetary system. After the United States unilaterally terminated the convertibility of the U.S. Dollar to gold in 1971, the world has been settling trade on borrowed time. It was full faith in the dollar and U.S. Treasury market that allowed global trade to continue for 4 decades.
However, faith in the dollar is waning as debts, derivatives and dishonesty plague the financial system. Most analysts (including many in the precious metal camp) are wasting time debating over the mere symptoms and not the disease itself.
We must remember, debts are nothing more than “Energy IOU’s.” To pay back a debt, energy has to be burned so the market can generate goods and services. Thus, this allows for growth to continue which provides a surplus of wealth enabling the repayment of debts.
The problem the world is facing, is not the huge amount of derivatives or debts, but the availability and affordability of its future energy supply. Actually, the world has not been able to afford the energy that it has been consuming for quite some time now. Basically, the world (especially the U.S.) cannot not afford its way of life, so it has created a system of debts and derivatives to cover up and mask the problems.
The collapse of the dollar is already taking place. It has more to do with energy… than most realize. [Read more...]
The middle class American worker is in danger of becoming an endangered species. The politicians are not telling you the truth, and the mainstream media is certainly not telling you the truth, but the reality is that there is nothing but bad news on the horizon for workers in the United States.
The numbers don’t lie. Today, the number of Americans on Social Security Disability now exceeds the entire population of Greece, and the number of Americans on food stamps now exceeds the entire population of Spain.
We are in the midst of a horrifying economic collapse, and the next major wave of that collapse is rapidly approaching. Are you ready?
The following are 10 amazing charts that demonstrate the slow, agonizing death of the American worker…