➢ Double Eagle Headlines
Dateline: May 21, 2013
Sales Tax Bill Threatens Economy
The impact of the Marketplace Fairness Act (the so-called Internet Sales Tax Bill) which passed the Senate on May 6 received limited coverage in a May 10 Numismaster column. However, it deserves a much more detailed discussion. The negative effect it will have on numismatic and precious metals transactions will be dwarfed by the potentially disastrous economic fallout throughout the U.S. economy. (Read Full Story)
The impact of the Marketplace Fairness Act (the so-called Internet Sales Tax Bill) which passed the Senate on May 6 received limited coverage in a May 10 Numismaster column. However, it deserves a much more detailed discussion. The negative effect it will have on numismatic and precious metals transactions will be dwarfed by the potentially disastrous economic fallout throughout the U.S. economy. (Read Full Story)
The $124 billion secret welfare program you’ve never heard about
In the Age of Obama, a president who has never met a government program not worthy of expanding (think of his ending the work requirement in the 1996 welfare reform law), America is being “fundamentally transformed” into a dependency nation, and the disability program is just the latest tool the president and his Big Government allies are using to fleece taxpayers and buy more voters. (Read Full Story)
In the Age of Obama, a president who has never met a government program not worthy of expanding (think of his ending the work requirement in the 1996 welfare reform law), America is being “fundamentally transformed” into a dependency nation, and the disability program is just the latest tool the president and his Big Government allies are using to fleece taxpayers and buy more voters. (Read Full Story)
Where is the gold coming from?
We have tried to balance supply and demand figures in the gold market to answer a 15 year old question – “where is the supply of gold coming from?” In 1998, Frank Veneroso first suggested that it was the Western Central Banks that were supplying the market and we’ve been looking for a smoking gun ever since. (Read Full Story)
We have tried to balance supply and demand figures in the gold market to answer a 15 year old question – “where is the supply of gold coming from?” In 1998, Frank Veneroso first suggested that it was the Western Central Banks that were supplying the market and we’ve been looking for a smoking gun ever since. (Read Full Story)
Gold Market Update
For those of you who are short of time and are accustomed to scrolling down to the bottom of an article to read its conclusions I’m going to save you the trouble by putting the conclusions at the start: the broad US stockmarkets are approaching a parabolic blowoff top and should be sold, and gold and silver are bottoming and should be bought. If you have fallen to the floor laughing at this suggestion it is a sign that you have been brainwashed by The Ministry of Disinformation and you are warned to pull yourself together and take the time to calmly consider the hard facts presented below – otherwise you won’t be laughing at all in a few months when YOU will be lying face down in the dirt with tire tracks across your back. (Read Full Story)
Life, Liberty & All That Jazz
Will Obama take your 401(k) retirement funds?
We are all victims of the inept, morally irresponsible actions of one Congress after another for decades, yet, we keep reelecting them expecting different results. If you don’t think allowing the federal government to take over the only thing you will have when you finally retire is a good idea, now is the time to let those who represent you in Congress know how you feel. Before they scoop up your life’s savings backed by an… (Read Full Story)
We are all victims of the inept, morally irresponsible actions of one Congress after another for decades, yet, we keep reelecting them expecting different results. If you don’t think allowing the federal government to take over the only thing you will have when you finally retire is a good idea, now is the time to let those who represent you in Congress know how you feel. Before they scoop up your life’s savings backed by an… (Read Full Story)
It’s Official: Gold is Now the Most Hated Asset Class
Not a day passes without the financial media denouncing gold as an investment option and hailing the bureaucrats heading the world’s monopolist monetary central planning agencies as superheroes. It began prior to gold’s recent breakdown, with widely cited bearish reports on gold published by Credit Suisse and Goldman Sachs, among others. Never mind that most of their arguments were easily unmasked as spurious. (Read Full Story)
Not a day passes without the financial media denouncing gold as an investment option and hailing the bureaucrats heading the world’s monopolist monetary central planning agencies as superheroes. It began prior to gold’s recent breakdown, with widely cited bearish reports on gold published by Credit Suisse and Goldman Sachs, among others. Never mind that most of their arguments were easily unmasked as spurious. (Read Full Story)
5 Troubling Questions About The IRS Scandal
Despite White House attempts to brush the IRS scandal aside as “irrelevant” or the work of rogue miscreants, huge questions remain about who ordered IRS agents to harass Tea Party groups, and why. Every day, in fact, raises new and more disturbing questions that congressional … (Read Full Story)
Despite White House attempts to brush the IRS scandal aside as “irrelevant” or the work of rogue miscreants, huge questions remain about who ordered IRS agents to harass Tea Party groups, and why. Every day, in fact, raises new and more disturbing questions that congressional … (Read Full Story)
2nd Amendment – Right to Bear Arms
1 AVDP oz. .999 Fine Copper
As one of today’s predominant and passionate political debates, many Americans believe their right to bear arms is being threatened. That’s why Flying Eagle Gold carries Second Amendment Right to Bear Arms Copper Rounds.
Composed of 1 AVDP oz. of .999 Fine Copper, these brand new rounds make a great gift for the gun owner in your family. Multiples of 20 arrive in protective plastic tubes.
The obverse of each round is inscribed with the words “CONSTITUTIONAL RIGHT TO BEAR ARMS,” along with the patriotic image of a forefather holding a rifle. The American flag is waving behind him.
Near the outer rim of the reverse of each round is the inscription “NO MAN SHALL EVER BE DEBARRED THE USE OF ARMS,” THOMAS JEFFERSON.
Along with its weight and purity, the center of each 1 oz. Copper Round is inscribed with the following excerpt from the Second Amendment:
“A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed.”
Flying Eagle Gold is dedicated to providing the public with precious and semi-precious metal rounds that reflect long-held American values and ideals.
Proclaim your right to bear arms! Invest in copper with Second Amendment 1 oz. Copper Rounds, which make thoughtful gifts for the gun-lover in your life. (Stake YOUR Claim)
Dateline: May 15, 2013
Barisheff: Global Hyperinflation Coming
Gold expert Nick Barisheff says the plunge in the gold price is sparking demand. Barisheff contends, “Usually when there is a big drop in price of paper, there is also a drop in demand on physical gold. This is the first time I can remember that it has gone the opposite way. People are perceiving the drop in price as a gigantic buying opportunity. It’s on sale at a lower price.” (Read Full Story)
Gold expert Nick Barisheff says the plunge in the gold price is sparking demand. Barisheff contends, “Usually when there is a big drop in price of paper, there is also a drop in demand on physical gold. This is the first time I can remember that it has gone the opposite way. People are perceiving the drop in price as a gigantic buying opportunity. It’s on sale at a lower price.” (Read Full Story)
Financial Privacy Under Fire: DHS Freezes Bitcoin Money Transfers
We are prompted to wonder whether this is this the first of a series of governmental assaults on the exchanges… (Read Full Story)
We are prompted to wonder whether this is this the first of a series of governmental assaults on the exchanges… (Read Full Story)
How the Fed Undermines the Econcomy – Stable Prices, Unstable Markets
According to European Central Bank Governing Council member Ewald Nowotny, Federal Reserve Chairman Ben Bernanke sees no risk of inflation in the United States. According to Nowotny, Bernanke had given a “very optimistic” portrayal of the US outlook. (Read Full Story)
Life, Liberty & All That Jazz
DHS Shuts Down BitCoin Payments System
A representative for Dwolla told Betabeat that the company is “not party” to this matter and encourages those with questions to reach out to Mt. Gox or the DHS. (Read Full Story)
A representative for Dwolla told Betabeat that the company is “not party” to this matter and encourages those with questions to reach out to Mt. Gox or the DHS. (Read Full Story)
Insurers predict 100% to 400% Obamacare rate explosion
Internal cost estimates from 17 of the nation’s largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration’s goal of affordability. (Read Full Story)
Internal cost estimates from 17 of the nation’s largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration’s goal of affordability. (Read Full Story)
Greenspan: Role Of Central Bankers Is to Try to Replicate the Stability of the Gold Standard
Greenspan said on any number of occasions that his model was that a ‘fiat currency’ works when it emulates the rigor of the gold standard. (Read Full Story)
Greenspan said on any number of occasions that his model was that a ‘fiat currency’ works when it emulates the rigor of the gold standard. (Read Full Story)
Gangsters Manipulating Gold and Silver Prices
There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver. (Read Full Story)
There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver. (Read Full Story)
South Africa Imports $1 Billion of Unwrought Gold to Meet Global Demand
The global demand for coins and bars that followed the fall in gold’s price caught even the most astute industry observer by surprise and there is no sign of the demand abating. (Read Full Story)
The global demand for coins and bars that followed the fall in gold’s price caught even the most astute industry observer by surprise and there is no sign of the demand abating. (Read Full Story)
Check this out– IRS scandal is just the tip of the iceberg…
Some days one can’t help but look at the headlines and think of Ayn Rand. With all the destructive measures by desperate governments from Cyprus to Argentina, it seems sometimes like we’re reading from the pages of her seminal work, Atlas Shrugged. But what we’re seeing now seems to have… (Read Full Story)
Some days one can’t help but look at the headlines and think of Ayn Rand. With all the destructive measures by desperate governments from Cyprus to Argentina, it seems sometimes like we’re reading from the pages of her seminal work, Atlas Shrugged. But what we’re seeing now seems to have… (Read Full Story)
Sales Tax Bill Threatens Economy
The impact of the Marketplace Fairness Act (the so-called Internet Sales Tax Bill) which passed the Senate on May 6 received limited coverage in a May 10 Numismaster column. However, it deserves a much more detailed discussion. The negative effect it will have on numismatic and precious metals transactions will be dwarfed by the potentially disastrous economic fallout throughout the U.S. economy. (Read Full Story)
The impact of the Marketplace Fairness Act (the so-called Internet Sales Tax Bill) which passed the Senate on May 6 received limited coverage in a May 10 Numismaster column. However, it deserves a much more detailed discussion. The negative effect it will have on numismatic and precious metals transactions will be dwarfed by the potentially disastrous economic fallout throughout the U.S. economy. (Read Full Story)
Dateline: May 9, 2013
Big Banks Push Back Against Tighter Rules
The nation’s biggest banks are going on the offensive to fend off growing efforts in Washington to rein them in. The banks have hired longtime, influential Washington hands to deflect regulatory and political pressure to strengthen their finances and to sell assets. (Read Full Story)
Senate Backs Bill to Force Tax Collection on Internet Sales
A bipartisan coalition won a 69-to-27 vote to require online retailers to collect sales taxes for state and local governments. But antitax forces hope the House will kill the measure. (Read Full Story)
A bipartisan coalition won a 69-to-27 vote to require online retailers to collect sales taxes for state and local governments. But antitax forces hope the House will kill the measure. (Read Full Story)
Further Declines in Gold
These past few weeks it seems like paper gold is out and physical gold is in. The fall in the price of gold has triggered a new run on physical gold that… (Read Full Story)
These past few weeks it seems like paper gold is out and physical gold is in. The fall in the price of gold has triggered a new run on physical gold that… (Read Full Story)
The US Goes Suicidal: How to Save Money and Lives
Suicide rates among middle-aged Americans have risen sharply, prompting concern that a generation of baby boomers who have faced years of economic worry are vulnerable to self harm. (Read Full Story)
Life, Liberty & All That Jazz: I’ll take a pass – Joe Pass
Hugely Negative Real Interest Rates Fuel Yet Another Housing Bubble; A Word About “Inflation” and Treasury Yields
It’s easy to spot a Fed-sponsored housing bubble if you look in the right places. The best place to start is an analysis of price inflation as measured by the BLS as compared to a CPI-variant that takes actual housing prices into consideration instead of rent. (Read Full Story)
It’s easy to spot a Fed-sponsored housing bubble if you look in the right places. The best place to start is an analysis of price inflation as measured by the BLS as compared to a CPI-variant that takes actual housing prices into consideration instead of rent. (Read Full Story)
House Must Kill Internet Tax, Not Just Slow It Down
House Republicans say they will slow the Internet tax bill that comfortably passed the Senate on Monday. If they want to retain any anti-tax credibility, they … (Read Full Story)
House Republicans say they will slow the Internet tax bill that comfortably passed the Senate on Monday. If they want to retain any anti-tax credibility, they … (Read Full Story)
Can Bank Deposit Confiscation Happen Here?
The following is a ‘to be forewarned is to be forearmed’ commentary. Should those with bank deposits in the…European Union be concerned about the possibility of a ‘Cyprus event’ coming ‘soon to their neighbourhood’?…What about bank deposit confiscation in Canada?…[T]his is something to…consider and ‘think about’. (Read Full Story)
The following is a ‘to be forewarned is to be forearmed’ commentary. Should those with bank deposits in the…European Union be concerned about the possibility of a ‘Cyprus event’ coming ‘soon to their neighbourhood’?…What about bank deposit confiscation in Canada?…[T]his is something to…consider and ‘think about’. (Read Full Story)
Are We On The Verge Of Witnessing The Death Of The Paper Gold Scam?
The legal claims on physical gold far exceed the amount of physical gold that the banks actually have by a very, very wide margin. And right now the bankers are scared out of their wits because their warehouses are being drained of physical gold at a frightening rate. So what happens when their physical gold is gone but they still have lots and lots of people with legal claims to gold? (Read Full Story)
The legal claims on physical gold far exceed the amount of physical gold that the banks actually have by a very, very wide margin. And right now the bankers are scared out of their wits because their warehouses are being drained of physical gold at a frightening rate. So what happens when their physical gold is gone but they still have lots and lots of people with legal claims to gold? (Read Full Story)
No silver for you!
Remember the physical gold shortage of 2008? Spot prices were down, driven by leveraged futures traders, but people trying to get their hands on physical at anywhere near spot prices were out of luck. (Read Full Story)
Remember the physical gold shortage of 2008? Spot prices were down, driven by leveraged futures traders, but people trying to get their hands on physical at anywhere near spot prices were out of luck. (Read Full Story)
The Price Of Copper And 11 Other Recession Indicators That Are Flashing Red
There are a dozen significant economic indicators that are warning that the U.S. economy is heading into a recession. The Dow may have soared past the 15,000 mark, but the economic fundamentals are telling an entirely different story. If historical patterns hold up, the economy is heading for a very rocky stretch. (Read Full Story)
There are a dozen significant economic indicators that are warning that the U.S. economy is heading into a recession. The Dow may have soared past the 15,000 mark, but the economic fundamentals are telling an entirely different story. If historical patterns hold up, the economy is heading for a very rocky stretch. (Read Full Story)
Gold And Silver – Are You A Lion Or A Gazelle? You Had Better Know!
Every morning in Africa, a Gazelle wakes up knowing it must outrun the fastest lion, or it will be killed and eaten. Every morning a lion wakes up knowing it must outrun the slowest Gazelle, or it will starve to death. It does not matter if you are a lion or a Gazelle…when the sun comes up each morning, you’d better be running. – African Proverb (Read Full Story)
Every morning in Africa, a Gazelle wakes up knowing it must outrun the fastest lion, or it will be killed and eaten. Every morning a lion wakes up knowing it must outrun the slowest Gazelle, or it will starve to death. It does not matter if you are a lion or a Gazelle…when the sun comes up each morning, you’d better be running. – African Proverb (Read Full Story)
The Mathematical Reality Is We’re Losing Over 600,000 Jobs a Month That Have Been Hidden From View
This is going to end horribly for tens of millions of Americans and none of them see it coming. (Read Full Story)
This is going to end horribly for tens of millions of Americans and none of them see it coming. (Read Full Story)
Silver Coin Collectors and Pawn Shops are Getting Duped: “Very High Quality Fakes”
Now the scammers have turned their sights on the official one ounce bullion coin of the United States – the American Silver Eagle. (Read Full Story)
Dateline: May 3, 2013
Roubini: Fed Risking Sequel to 2008 Financial Crisis
The Fed’s commitment to loose monetary policy is likely to lead to asset and equity bubbles in the next two years which could be worse than the previous crisis, renowned economist Nouriel Roubini said in an opinion piece for Project Syndicate. (Read Full Story)
The Fed’s commitment to loose monetary policy is likely to lead to asset and equity bubbles in the next two years which could be worse than the previous crisis, renowned economist Nouriel Roubini said in an opinion piece for Project Syndicate. (Read Full Story)
Arizona: Brewer Vetoes Bill Making Gold Legal Tender
Brewer said it was unclear whether the state would have to exempt income tax related to a transaction involving precious metals under Senate Bill 1439. She said it could give businesses that buy and sell collectable coins an unfair tax advantage. (Read Full Story)
Brewer said it was unclear whether the state would have to exempt income tax related to a transaction involving precious metals under Senate Bill 1439. She said it could give businesses that buy and sell collectable coins an unfair tax advantage. (Read Full Story)
Gold Recovers Amidst Uncertainty
The selloff in gold that captured the world’s attention in mid-April has revealed some truths about how the market trades and the sentiments of many… (Read Full Story)
The selloff in gold that captured the world’s attention in mid-April has revealed some truths about how the market trades and the sentiments of many… (Read Full Story)
Bitcoin and the Rebirth of Financial Safe Havens
Like never before, financial privacy and safe havens are under attack the world over. Banks and even entire jurisdictions are feverishly responding to… (Read Full Story)
Life, Liberty & All That Jazz
Obamacare: Opportunity Amidst the Wreckage, but Not Forever
Train Wreck Ahead … Most Americans — even those who are legislators — know very little about the details of President Obama’s Affordable Care Act, so-called Obamacare. Next year, when it goes into effect, we will learn the hard way. Many people lazily assume that the law will do roughly what it promises: give insurance to the uninsured and lower the cost of health care by limiting spending on dubious procedures. Don’t count on it. (Read Full Story)
Train Wreck Ahead … Most Americans — even those who are legislators — know very little about the details of President Obama’s Affordable Care Act, so-called Obamacare. Next year, when it goes into effect, we will learn the hard way. Many people lazily assume that the law will do roughly what it promises: give insurance to the uninsured and lower the cost of health care by limiting spending on dubious procedures. Don’t count on it. (Read Full Story)
The US Federal Reserve: What a Humiliating Failure!
Who knows what will happen? All we know is that the Federal Reserve still have their pedal to the metal… and a bottle of whiskey at their lips. (Read Full Story)
Who knows what will happen? All we know is that the Federal Reserve still have their pedal to the metal… and a bottle of whiskey at their lips. (Read Full Story)
More Money Won’t Prevent An ObamaCare Train Wreck
Health Reform: Sen. Harry Reid joined other Democrats in pleading poverty as an excuse for any ObamaCare launch failures. That’s rich, since the administration has wildly overspent to get this monstrosity off the ground. Talking on a Las Vegas area radio show, Reid said he agreed … (Read Full Story)
Health Reform: Sen. Harry Reid joined other Democrats in pleading poverty as an excuse for any ObamaCare launch failures. That’s rich, since the administration has wildly overspent to get this monstrosity off the ground. Talking on a Las Vegas area radio show, Reid said he agreed … (Read Full Story)
Economy’s ‘Soft Patch’ Is Just More Of The Same
Dismal job numbers are inspiring a new narrative that the Obama “recovery” was humming along nicely until the sequester hit. In fact, it has been dragging from the start. Now that the air traffic system is more or less back to normal, we have something new to worry about. It’s the “soft patch” a … (Read Full Story)
Dismal job numbers are inspiring a new narrative that the Obama “recovery” was humming along nicely until the sequester hit. In fact, it has been dragging from the start. Now that the air traffic system is more or less back to normal, we have something new to worry about. It’s the “soft patch” a … (Read Full Story)
Employee Benefits Fall As Firms Brace For ObamaCare
Employer spending on benefits rose at the slowest pace on record in the first quarter, as companies began bracing for higher health costs with next year’s launch of ObamaCare. (Read Full Story)
Employer spending on benefits rose at the slowest pace on record in the first quarter, as companies began bracing for higher health costs with next year’s launch of ObamaCare. (Read Full Story)
The Party Is Over, The US Is Just One Recession Away From Japan-Style Doom
Escape while you still can. (Read Full Story)
Escape while you still can. (Read Full Story)
They Are Murdering Small Business: The Percentage Of Self-Employed Americans Is At A Record Low
The percentage of Americans that are working for themselves has never been lower in the history of the United States. Once upon a time, the United States was a paradise for entrepreneurs and small businesses, but now the control freak bureaucrats that dominate our society have created a system that absolutely eviscerates them. This is very unfortunate, because by murdering small business, the bureaucrats are destroying the primary engine of job growth in this country. (Read Full Story)
The percentage of Americans that are working for themselves has never been lower in the history of the United States. Once upon a time, the United States was a paradise for entrepreneurs and small businesses, but now the control freak bureaucrats that dominate our society have created a system that absolutely eviscerates them. This is very unfortunate, because by murdering small business, the bureaucrats are destroying the primary engine of job growth in this country. (Read Full Story)
QE Has Been and Will Continue to Be a Complete Failure
There is not one single example in history in which QE has successfully created jobs. The UK has engaged in QE equal to over 20% of its GDP and hasn’t seen a real recovery in employment…. (Read Full Story)
There is not one single example in history in which QE has successfully created jobs. The UK has engaged in QE equal to over 20% of its GDP and hasn’t seen a real recovery in employment…. (Read Full Story)
The Rising U.S. Dollar Myth
Year-to-date, the U.S. dollar is up; does that mean we are in a rising dollar environment? Or is it an opportunity to diversify out of the greenback? (Read Full Story)
Dateline: April 30, 2013
Jobs Outlook Just Got Whole Lot Worse
Weak corporate top-line growth is likely to spell an equally troubled bottom line for the 11.7 million unemployed. (Read Full Story)
Weak corporate top-line growth is likely to spell an equally troubled bottom line for the 11.7 million unemployed. (Read Full Story)
$3.3 Billion Lost in Unemployment Fraud
Unemployment fraud is costing the government billions of dollars in paid benefits to people who are still working, no longer alive or are behind bars, according to a new report. (Read Full Story)
Unemployment fraud is costing the government billions of dollars in paid benefits to people who are still working, no longer alive or are behind bars, according to a new report. (Read Full Story)
Silver Shortage of April, 2013
Rounds and Silver Eagles are sold out, and occasionally it has been difficult to source them, on and off, so far this year. Prices over spot are changing up to 5% per day, and silver eagles are selling for up to 30-40% over spot on ebay.com. Investor buying probably remains about where it has been for the past 4 years, at about 100 million oz. of silver per year, but maybe a tiny bit more in recent weeks of course. (Read Full Story)
Rounds and Silver Eagles are sold out, and occasionally it has been difficult to source them, on and off, so far this year. Prices over spot are changing up to 5% per day, and silver eagles are selling for up to 30-40% over spot on ebay.com. Investor buying probably remains about where it has been for the past 4 years, at about 100 million oz. of silver per year, but maybe a tiny bit more in recent weeks of course. (Read Full Story)
The More Illegal Immigrants That Go On Food Stamps The More Money JP Morgan Makes
Recently uncovered documents prove that the Obama administration has been working with the Mexican government to increase the number of illegal immigrants on food stamps, and when more illegal immigrants go on food stamps JP Morgan makes more money. (Read Full Story)
Life, Liberty & All That Jazz – Spotlight on Duke Ellington
Goodbye to austerity
There is a new campaign to end austerity. First, the IMF lets it be known it has second thoughts about it; then we are told the threshold of 90% government debt to GDP which must not be crossed, set by Professors Reinhart & Rogoff, is based on an excel spread-sheet error. Lastly, Bill Gross of PIMCO, the largest bond fund in the world, tells us austerity is not working. (Read Full Story)
There is a new campaign to end austerity. First, the IMF lets it be known it has second thoughts about it; then we are told the threshold of 90% government debt to GDP which must not be crossed, set by Professors Reinhart & Rogoff, is based on an excel spread-sheet error. Lastly, Bill Gross of PIMCO, the largest bond fund in the world, tells us austerity is not working. (Read Full Story)
Speculator Optimism Finally In Flush Mode
Lies, lies, lies – and propaganda – anything to get the stock market higher and keep the canaries contained. The powerful and plugged-in bankers and bureaucrats… (Read Full Story)
Lies, lies, lies – and propaganda – anything to get the stock market higher and keep the canaries contained. The powerful and plugged-in bankers and bureaucrats… (Read Full Story)
Fascinating Account of the DISPOSITION OF THE S.S. CENTRAL AMERICA TREASURE!
For those interested the S.S. Central America went down off Charleston, SC and understand the Thompson crew upon the treasure discovery celebrated at Henry’s… (Read Full Story)
For those interested the S.S. Central America went down off Charleston, SC and understand the Thompson crew upon the treasure discovery celebrated at Henry’s… (Read Full Story)
The Grandest Larceny of All Time
The Federal Reserve’s money meddling will likely cause a financial disaster. But the biggest scandal of today’s central bank policies is that it is the grandest larceny of all time. (Read Full Story)
The Federal Reserve’s money meddling will likely cause a financial disaster. But the biggest scandal of today’s central bank policies is that it is the grandest larceny of all time. (Read Full Story)
Come And Get It: USDA Pushes Food Stamps To Illegals
Welfare: Not content with having more Americans on food stamps than people in Spain, the Obama administration is ringing the dinner bell for illegal aliens. We’ll feed you … (Read Full Story)
Welfare: Not content with having more Americans on food stamps than people in Spain, the Obama administration is ringing the dinner bell for illegal aliens. We’ll feed you … (Read Full Story)
Banks Have Become “Too Big To Fail” Again. Uh-Oh.
And there’s only so much governments are willing to do about it. (Read Full Story)
And there’s only so much governments are willing to do about it. (Read Full Story)
Dateline: April 24, 2013
Black: The next shoe to drop: Internet sales tax to become reality
Surprise, surprise… the completely insolvent US government has yet another idea to raise revenue in the Land of the Free: a new tax! The Marketplace Fairness Act was introduced some time ago, and we’ve discussed it before. But it’s now being rushed through Congress as quickly as possible. It’s… (Read Full Story)
Surprise, surprise… the completely insolvent US government has yet another idea to raise revenue in the Land of the Free: a new tax! The Marketplace Fairness Act was introduced some time ago, and we’ve discussed it before. But it’s now being rushed through Congress as quickly as possible. It’s… (Read Full Story)
Switzerland Revises 1934 Banking Act to Allow Bail-in Deposit Confiscations!
Perhaps there is an accredited authority in international and domestic banking who can provide readers with credible information on whether or not the new Basel III bank law will protect funds of account holders in the US from ‘government’ or bank unlawful seizure? A WARNING FOR AMERICANS? (Read Full Story)
Perhaps there is an accredited authority in international and domestic banking who can provide readers with credible information on whether or not the new Basel III bank law will protect funds of account holders in the US from ‘government’ or bank unlawful seizure? A WARNING FOR AMERICANS? (Read Full Story)
Physical Gold vs. Paper Gold: The Ultimate Disconnect
Previously, there was little difference between the physical and paper markets for gold. Yes, there were premiums and delivery charges, but everybody regarded the futures market as the base quote. I believe this is changing; people don’t trust the paper market as they used to. (Read Full Story)
Previously, there was little difference between the physical and paper markets for gold. Yes, there were premiums and delivery charges, but everybody regarded the futures market as the base quote. I believe this is changing; people don’t trust the paper market as they used to. (Read Full Story)
Falling into a Golden Twilight Zone
There appears to be increasing stress and risk in the financial system. Apparently “they” are planning for an “event” that will require confiscating some customer deposits to RECAPITALIZE the “too big to fail” banks, gold bars are being removed from the Comex vault, the President met with important bankers and gold and silver crashed the next day, and people around the world responded to the lowered prices by purchasing much more physical gold and silver, instead of dumping them in a panic. Apparently those buyers saw value, not paper prices, and were not scared away by the naked shorts crushing the paper markets. For them it was an opportunity, not a disaster. (Read Full Story)
Life, Liberty & All That Jazz – Spotlight on Melody Gardot
How Central Planners are Committed to Ruining the Economy
The Central Planners are at it again. Greasing the gears…feeding the engines…and speeding headlong and strapped to their seats towards the next crisis. (Read Full Story)
The Central Planners are at it again. Greasing the gears…feeding the engines…and speeding headlong and strapped to their seats towards the next crisis. (Read Full Story)
Obama Budget Shows Middle-Class Tax Pledge Was Fraud
Taxes: A new study shows President Obama’s budget would significantly boost taxes on the middle class. Funny, we seem to recall him promising voters that only the rich would pay for his grandiose spending plans. According to the analysis from the nonpartisan but liberal-leaning Tax … (Read Full Story)
Taxes: A new study shows President Obama’s budget would significantly boost taxes on the middle class. Funny, we seem to recall him promising voters that only the rich would pay for his grandiose spending plans. According to the analysis from the nonpartisan but liberal-leaning Tax … (Read Full Story)
93% Of Americans Got Poorer During The First Two Years Of The Recovery
While the rich got richer. (Read Full Story)
While the rich got richer. (Read Full Story)
America The Fallen: 24 Signs That Our Once Proud Cities Are Turning Into Poverty-Stricken Hellholes
What is happening to you America? Once upon a time, the United States was a place where free enterprise thrived and the greatest cities that the world had ever seen sprouted up from coast to coast. Good jobs were plentiful and a manufacturing boom helped fuel the rise of the largest and most vibrant middle class in the history of the planet. Cities such as Detroit, Chicago, Milwaukee, Cleveland, Philadelphia and Baltimore were all teeming with economic activity and the rest of the globe looked on our economic miracle with a mixture of wonder and envy. But now look at us. (Read Full Story)
What is happening to you America? Once upon a time, the United States was a place where free enterprise thrived and the greatest cities that the world had ever seen sprouted up from coast to coast. Good jobs were plentiful and a manufacturing boom helped fuel the rise of the largest and most vibrant middle class in the history of the planet. Cities such as Detroit, Chicago, Milwaukee, Cleveland, Philadelphia and Baltimore were all teeming with economic activity and the rest of the globe looked on our economic miracle with a mixture of wonder and envy. But now look at us. (Read Full Story)
Visualizing Life In America From 1983 To Today
A lot has changed in 30 years – from Miami Vice and Flashdance to Hunger Games and Taylor Swift; but away from the end of legwarmers (and rolled-up jacket sleeves), GDP has more than tripled from $3.5 trillion as household incomes, home prices, and employment have shifted dramatically but not equally… (Read Full Story)
A lot has changed in 30 years – from Miami Vice and Flashdance to Hunger Games and Taylor Swift; but away from the end of legwarmers (and rolled-up jacket sleeves), GDP has more than tripled from $3.5 trillion as household incomes, home prices, and employment have shifted dramatically but not equally… (Read Full Story)
Economic and Social Abnormality Reigns, American’s Loving Their Servitude
“How did you go bankrupt?” Two ways. Gradually, then suddenly.” (Read Full Story)
“How did you go bankrupt?” Two ways. Gradually, then suddenly.” (Read Full Story)
Mortgage Relief Checks Go Out, Only to Bounce
When the bank account is running dry and the mortgage payment is coming due, the phrase “insufficient funds” is the last thing you want to hear. Now imagine hearing those two words when trying to cash a long-awaited check from the same bank that foreclosed on you. (Read Full Story)
When the bank account is running dry and the mortgage payment is coming due, the phrase “insufficient funds” is the last thing you want to hear. Now imagine hearing those two words when trying to cash a long-awaited check from the same bank that foreclosed on you. (Read Full Story)
Maher: Pension-law proposal would hit some retirees
A coalition of unions and employers is proposing changes to the federal law that governs the pension plans of about 10 million people, including reducing benefits paid to retirees, the first time in four decades that such cuts would be allowed.
The proposal, which would undo guarantees put in place by federal law in 1974, is already stirring controversy among pension-rights advocates and rank-and-file union members. It was developed by some of the nation’s biggest unions, including the Teamsters and United Food and Commercial Workers, and industry trade groups such as the Associated General Contractors of America.
Pension experts say a report issued by the group earlier this year will likely serve as the foundation of a bill to replace rules governing pensions that expire in 2014. Sen. Tom Harkin (D., Iowa), chairman of the Senate committee overseeing pension policy, called the proposals, which include cutting retiree benefits, “a starting place.” › Continue reading
The Fed’s Attack on the Elderly
The Federal Reserve is, of course, a bank. So after it has a meeting, it issues a statement outlining the discussion a “bank statement.” Hmm… Now that I think about it, that must be where the acronym “BS” comes from.
I pride myself on explaining complex financial situations in everyday language. However, when it comes to the Federal Reserve, I readily admit that I am sometimes befuddled. I used to watch Alan Greenspan testify before Congress when he was Chairman of the Fed, and I often ended up asking myself, “What did he just say?” The Fed’s code and doublespeak is Greek to me, as it is to most folks.
But I do know this: The carefully crafted reports and publications are designed to send messages and move markets in the direction the Fed wants. After the minutes of a recent Fed meeting prompted the Bloomberg headline “Fed Signals Possible Slowing of QE Amid Debate Over Risks,” it should come as no surprise that the dollar strengthened and gold and silver tanked. The Fed’s message certainly had its desired effect!
Our colleague Vedran Vuk already decoded the message in a recent Casey Daily Dispatch, so we know there may not be a reason to celebrate a return of the dollar’s strength quite yet. › Continue reading
DATELINE: APRIL FOOLS DAY, 2013
Thousands more Americans are losing their homes this year with 1.5 million properties taken by banks – up nine per cent on 2012
The number of foreclosed or bank-seized homes has risen by nine per cent already this year – with 1.5 million properties currently being lost by homeowners who can no longer afford them. (Read Full Story)
The number of foreclosed or bank-seized homes has risen by nine per cent already this year – with 1.5 million properties currently being lost by homeowners who can no longer afford them. (Read Full Story)
The Invisible Bitch-Slap
Bernanke has done everything he can to re-inflate — to re-bubble-ize — the market for single-family homes. The idea is that if Bernanke can re-ignite the housing market, he’ll re-ignite the entire economy. (Read Full Story)
Bernanke has done everything he can to re-inflate — to re-bubble-ize — the market for single-family homes. The idea is that if Bernanke can re-ignite the housing market, he’ll re-ignite the entire economy. (Read Full Story)
A Raid Is Coming On Social Security
A a very credible source is now predicting that Obama AND Congress will take action over the next 24 months that will substantially undermine both the long and short-term health of SS. The legislative raid on SS will certainly total in the hundreds of billions, it could top $1T over the next fifteen years. (Read Full Story)
A a very credible source is now predicting that Obama AND Congress will take action over the next 24 months that will substantially undermine both the long and short-term health of SS. The legislative raid on SS will certainly total in the hundreds of billions, it could top $1T over the next fifteen years. (Read Full Story)
Tyrants’R’Us
“We shall have a [Jewish] world government, whether or not we like it. The question is only whether world government will be achieved by consent or by conquest.” – James Warburg, Jewish Merchant Banker (Read Full Story)
Life, Liberty & All That Jazz – Spotlight on the Divine One
STOCKMAN: We’ve Been Lied To, Robbed, And Misled
Greenspan and Bernanke have created an era of asset mis-pricing that will correct. (Read Full Story)
Greenspan and Bernanke have created an era of asset mis-pricing that will correct. (Read Full Story)
State-Wrecked: The Corruption of Capitalism in America
The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war (Japan just signed up, the Brazilians and Chinese are angry, and the German-dominated euro zone is crumbling) that will soon overwhelm it. When the latest bubble pops, there will be nothing to stop the collapse. If this sounds like advice to get out of the markets and hide out in cash, it is. (Read Full Story)
The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war (Japan just signed up, the Brazilians and Chinese are angry, and the German-dominated euro zone is crumbling) that will soon overwhelm it. When the latest bubble pops, there will be nothing to stop the collapse. If this sounds like advice to get out of the markets and hide out in cash, it is. (Read Full Story)
Are boob jobs, weddings and mistresses really business expenses? Some of the unusual tax write-offs made and ALLOWED by the IRS
An array of unusual items have been successfully written off for tax in the U.S. including fake breasts, swimming pools and even a wedding. The IRS, pictured, also gets several weirder claims for write-offs every year which they refuse. (Read Full Story)
An array of unusual items have been successfully written off for tax in the U.S. including fake breasts, swimming pools and even a wedding. The IRS, pictured, also gets several weirder claims for write-offs every year which they refuse. (Read Full Story)
We’re Doomed, Send Money Fast!
Count Obama as one of the masters of the art of diverting attention from facts, crying doom and grabbing yet more money from our pockets to enrich his buddies, increase his power and further impoverish us. (Read Full Story)
Count Obama as one of the masters of the art of diverting attention from facts, crying doom and grabbing yet more money from our pockets to enrich his buddies, increase his power and further impoverish us. (Read Full Story)
