FIFA Confirms Russia Will Be Stripped Of 2018 World Cup If "Evidence Of Bribery" Emerges Ten days ago, when the FIFA scandal broke out, it took just a few hours to figure out what the US DOJ’s motive was. The answer was simple: stripping the 2018 (and 2022) World Cup hosts, i.e., Russia (and to …
Category: Economy
Jun 07
Today’s News June 7, 2015
"Literally, Your ATM Won’t Work…" By Bill Bonner Of Bonner And Partners Literally, Your ATM Won’t Work… While we were thinking about what was really going on with today’s strange new money system, a startling thought occurred to us. Our financial system could take a surprising and catastrophic twist that almost nobody imagines, let alone …
Jun 06
Today’s News June 6, 2015
Ron Paul Stunned That George Soros Seeks To "Expand War In Ukraine" Earlier this week, using hacked and leaked documents and pdfs created by, among others, George Soros’ most recent wife who is less than half his age, we showed something fascinating: the puppetmaster behind the entire Ukraine conflict may be none other than George …
Jun 05
Today’s News June 5, 2015
Tyranny: It Pisses Me Off Submitted by Brandon Smith via Alt-Market.com, Tyranny is not a wholly definable condition. There are many forms of tyranny and many levels of control that exist in any one society at any given time. In fact, the most despicable forms of tyranny are often the most subtle; the kinds of …
Jun 04
Today’s News June 4, 2015
China Is Crashing (Again) It appears – as opposed to what the world’s asset-gathering commission-takers would have one believe – that huge illiquid spikes in bond markets are not good for stocks. As the bond carnage continues to careen throughout Asia, Chinese stock investors appear to have decided enough is enough at doubling their money …
Jun 03
Rule By The Corporations — Paul Craig Roberts
Paul Craig Roberts The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. “Free trade” is used as a disguise to hide the power these agreements give to corporations to use law suits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages. The first …
Jun 03
Today’s News June 3, 2015
Chinese Stocks Stumble As Hanergy Debt Debacle Looms Over All The 500%-Club If one sentence sums up the farce that the hyper-speculative ponzifest that is the 500% club in China it is "Hanergy Group was basically using the listed company as a means to produce collateral in the form of shares that it could then …
Jun 02
Today’s News June 2, 2015
Kyle Bass Was Right: Texas To Create Own Bullion Depository, Repatriate $1 Billion Of Gold Most investors have heard Kyle Bass' rather eloquent phrase, "buying gold is just buying a put against the idiocy of the political cycle. It's that simple." However, what few may remember was his warnings in 2011, suggesting the University of …
Jun 01
Today’s News June 1, 2015
Chinese Stocks Are Surging On Weak Macro Data BTFD-iness Having dropped over 10% in the previous 2 days, what better way to get the speculative frenzy of Chinese housewives levered up and buying stocks again than terrible macro data. With China HSBC Manufacturing PMI printing 49.2 (the 3rd monthly contraction in a row) and China's …
May 31
Today’s News May 31, 2015
DoPe This Is How Little It Cost Goldman To Bribe America's Senators To Fast Track Obama's TPP Bill It took just a few days after the stunning defeat of Obama’s attempt to fast-track the Trans Pacific Partnership bill in the Senate at the hands of his own Democratic party, before everything returned back to normal …