Jay Taylor – Is The Petrodollar Doomed?

from Financial Survival Network We talked with our old friend Jay Taylor about the impending collapse… [more]

Jay Taylor – Is The Petrodollar Doomed? Jay Taylor - Is The Petrodollar Doomed?

Michelle Seiler Tucker – Teaches You How To Sell Your Business For More Than It’s Worth

from Financial Survival Network Michelle Seiler-Tucker is a leading authority on buying, selling and… [more]

Michelle Seiler Tucker – Teaches You How To Sell Your Business For More Than It’s Worth Michelle Seiler Tucker - Teaches You How To Sell Your Business For More Than It's Worth

Triple Lutz Report #347 – Shoot Out At The Bundy Ranch… Almost

from Financial Survival Network Well it finally happened. Main Street, or at least hick street stood… [more]

Triple Lutz Report #347 – Shoot Out At The Bundy Ranch… Almost Triple Lutz Report #347 - Shoot Out At The Bundy Ranch... Almost

James G. Rickards – Death of Money: Coming to a Central Bank Near You

from Financial Survival Network We had a long discussion with James G. Rickards about his new book… [more]

James G. Rickards – Death of Money: Coming to a Central Bank Near You James G. Rickards - Death of Money: Coming to a Central Bank Near You

Andrew Hoffman – Great Things Keep Happening

from Financial Survival Network Mondays with Andrew Hoffman: The Ukraine going from bad to worse; First… [more]

Andrew Hoffman – Great Things Keep Happening Andrew Hoffman - Great Things Keep Happening

John Rubino – ECB Ready For QE Because It Works So Well

from Financial Survival Network John Rubino is back. After years of such wonderful results in the… [more]

John Rubino – ECB Ready For QE Because It Works So Well John Rubino - ECB Ready For QE Because It Works So Well

Ann Marie Murrell – BLM Backs Down In Nevada

from Financial Survival Network Ann Marie Murrell of PolitiChicks.tv fills us in on what's going on… [more]

Ann Marie Murrell – BLM Backs Down In Nevada Ann Marie Murrell - BLM Backs Down In Nevada

Jay Taylor – Is The Petrodollar Doomed?

from Financial Survival Network

We talked with our old friend Jay Taylor about the impending collapse of the petrodollar. Seems like the world is ready to move on from this failed experiment, but what will become of the United States?

China and Russia are setting up oil exchanges and getting ready for life without it. Jay also talks about an intriguing mining stock that seems to have all the makings of a major gold player. Novo Resources sounds really exciting.

Click Here to Listen to the Audio

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Michelle Seiler Tucker – Teaches You How To Sell Your Business For More Than It’s Worth

from Financial Survival Network

Michelle Seiler-Tucker is a leading authority on buying, selling and improving businesses as well as increasing a business’s revenue streams. She has sold several hundred businesses and franchises. She has helped buyers from all walks of life buy the American Dream, create financial freedom to be their own boss and to obtain a better quality of life. What makes her such a major player in the industry is that she closes nearly 98 percent of all the offers she writes, truly an amazing track record.

Click Here to Listen to the Audio

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Triple Lutz Report #347 – Shoot Out At The Bundy Ranch… Almost

from Financial Survival Network

Well it finally happened. Main Street, or at least hick street stood up to DC and DC backed down. The Bundy Ranch, located a stone’s throw from Harry Reid’s spread in Searchlight Nevada has been the scene of a twenty year battle by the Fed’s to stamp out ranching in the name of protecting the supposedly endangered desert tortoise. Finally, the heavy hand of the government was going to end the dispute once and for all. What they weren’t counting was a convergence of thousands of concerned citizens coming to the rescue. Once the Feds realized that the sheeple were mad as hell and weren’t going to take it any more, it was all over.

Click Here to Listen to the Audio

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James G. Rickards – Death of Money: Coming to a Central Bank Near You

from Financial Survival Network

We had a long discussion with James G. Rickards about his new book and the coming death of the dollar, along with most of the world’s major currencies. According to Jim, the IMF is already going through dry runs for the day the inevitable occurs. The world has been in a depression for at least the past 6-7 years and there’s nothing that the central banks have been able to do to stop it. In fact they’ve made it worse. The world’s governments have been asleep at the wheel and that’s why we are where we are today. A most compelling interview.

Click Here to Listen to the Audio

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When Earnings Disappoint In A Market Priced For Perfection

by John Rubino
Dollar Collapse

After today’s market close there was a flurry of earnings announcements, some of which were way low. Not bad, mind you. In fact they were pretty good. But because Wall Street analysts were expecting more in order to justify current stock prices, the disappointments led to big price declines in the aftermarket:

Google shares fall on earnings miss; IBM’s on revenue miss

SAN FRANCISCO (MarketWatch) — Google Inc. shares fell in the extended session Wednesday after the company’s quarterly earnings disappointed, while International Business Machines Corp. shares declined on a revenue miss.

Google Class A shares declined 6% to $529.84 while Class C shares dropped 6% to $523.50 after the Internet giant’s first-quarter profit rose, but fell short of Wall Street estimates. Trading volume was moderate for both classes of stock.

Continue Reading at DollarCollapse.com…

NATO To Boost Air, Warship Presence Around Russia; Netherlands May Deploy F-16s To Ukraine

from Zero Hedge

If there is was one way to assure a certain escalation in Ukraine hostilities beyond what has already happened, it is for NATO to do precisely what Russia warned it should not do: build up its presence in the surrounding countries. Which is why we find it somewhat puzzling that NATO announced it would do just this when as the Guardian reported, the military alliance said it would step up its presence around Russian borders to “reassure eastern European member states.”

The reinforcements on Nato’s eastern flank will take the form of more air patrols over the Baltic states, greater numbers of warships in both the Baltic and eastern Mediterranean, and more troops deployed in eastern Europe.

Continue Reading at ZeroHedge.com…

New Jersey’s Pension Options Are Limited

by Alicia H. Munnell
Market Watch

Gov. Chris Christie is to be commended for allocating $2.25 billion of his fiscal year 2015 budget to New Jersey’s state-administered pension funds. He is indeed correct that this amount – while far short of the actuarially required contribution – is large for New Jersey.

But the governor is misguided in his conclusion that further benefit cuts are the only way to handle “exploding” pension costs. First, the annual costs for accruing pensions – that is, the benefits earned each year by current workers – are not exploding. What is exploding are the costs associated with having not funded pensions for the last 12 years. As a result, New Jersey owes $56 billion to pay off promised benefits – three quarters attributable to the state government and one quarter to local governments. Second, there are no feasible benefit cuts that could reduce this amount. If the state wants to confront this problem, the governor will have to back away from his no-new-tax pledge to produce the revenues to pay promised benefits.

Continue Reading at MarketWatch.com…

Thanks To The Buck

from garywagner11

Video Description…

New Report from Princeton and Northwestern Proves It: The U.S. is an Oligarchy

by Michael Krieger
Liberty Blitzkrieg

Despite the seemingly strong empirical support in previous studies for theories of majoritarian democracy, our analyses suggest that majorities of the American public actually have little influence over the policies our government adopts. Americans do enjoy many features central to democratic governance, such as regular elections, freedom of speech and association, and a widespread (if still contested) franchise. But we believe that if policymaking is dominated by powerful business organizations and a small number of affluent Americans, then America’s claims to being a democratic society are seriously threatened.

- From a recent study titled Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens by Martin Gilens of Princeton University and Benjamin I. Page of Northwestern University

In response to the publication of an academic study that essentially proves the United States is nothing more than an oligarchy, many commentators have quipped sentiments that go something like “so tell me something I don’t know.” While I agree that the conclusion is far from surprising to anyone paying attention, the study is significant for two main reasons.

Continue Reading at LibertyBlitzkrieg.com…

Privatization of Space? And Big Banks in Foreign Policy with Nomi Prins

from BoomBustRT

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Harvey Organ’s Daily Gold & Silver Report – Wednesday, April 16, 2014

GLD loses 8.39 tonnes of gold/SLV no change/silver and gold rise/shots fired in Ukraine

by Harvey Organ
Harvey Organ’s Daily Gold & Silver Report

Gold closed up $3.10 at $1303.10 (comex to comex closing time ). Silver was up 14 cents to $19.62

In the access market tonight at 5:15 pm
gold: $1302.00
silver: $19.65

Let’s head immediately to see the data for today.

First: GOFO rates

Oh OH!! today, again, the front one month, two month and 3 month GOFO’s rates went much deeper into backwardation with a negative GOFO. And to boot the rate on the 6 month moved within a hair of a negative values. It is signalling a lack of London good delivery bars that the criminal bankers use to attack gold.

Continue Reading at HarveyOrgan.Blogspot.ca…

Why Yellen Should Leave Us Scream’en

by David Stockman
David Stockman’s Contra Corner

In a speech to the Economic Club of New York today, Dr. Yellen delivered a serving of pie-in-the-sky that would have made Greenspan look circumspect and Bernanke appear at least partially sober. She actually espied two years down the road a point at which the battered and ruined US economy would enter the promised land of inflationless full employment forever, world without end:

Yellen noted that the central bankers and many economists see a return to full employment and stable prices by the end of 2016. This would be the strongest economy in a decade: “I find this baseline outlook quite plausible,” she said.

That’s hideous. The US economy has not remotely entered a sustainable full employment zone since Greenspan took the American economy permanently into bubble land at the turn of the century. And the two year forward economic forecasts of the Fed Chair persons and their merry bands of money printers have been ridiculously wrong.

Continue Reading at DavidStockmansContraCorner.com…

N.Y. Attorney General Subpoenas High-Speed Firms

by Scott Patterson
Market Watch

WASHINGTON—New York Attorney General Eric Schneiderman’s office sent its first wave of subpoenas to about a half-dozen high-frequency trading firms in an investigation into whether some rapid-fire firms have an unfair advantage over other trading outfits, according to a person familiar with the investigation.

The attorney general is seeking details about whether the firms have secret arrangements with stock exchanges or other trading venues, such as dark pools, that give them the ability to trade ahead of other investors, this person said.

The subpoenas, which were sent in the past week, seek documents such as emails and other communications related to the firms’ trading strategies and whether those strategies are enabled by special deals other trading outfits aren’t privy to, the person said.

Continue Reading at MarketWatch.com…

“Pro-Russian Separatists” Attack Ukraine Soldiers With Guns, Molotov Cocktails, Local TV Station Reports (4 Killed, 12 Injured)

from Zero Hedge

[...] Having been on the receiving end of Ukraine special forces for the past 48 hours, it appears the “pro-Russian separatists” have decided to fight back: PRO-RUSSIAN SEPARATISTS ATTACK UKRAINE SOLDIERS; PRO-RUSSIAN SEPARATISTS ATTACK UKRAINE MILITARY BASE; SEPARATISTS USE GUNS, MOLOTOV COCKTAILS IN MARIUPOL: HROMADSKE. Considering the source is a local Ukraine TV station, one should take the news reported by Bloomberg, with a big grain of ketamine, however also considering the 3:30pm ramp appears to be late today (or was front run repeatdly earlier on in the day), this may just be the “bullish” catalyst the “market” needs to close at the day, if not all time, highs.

Continue Reading at ZeroHedge.com…

How the Government Wrecks the Economy | Robert P. Murphy

from misesmedia

Video Description…

Interest Rates ‘To Rise Sharply Next Year’ As Wages Grow

Treasury survey of City economists finds interest rates expected to match rise in wages and jobs, potentially climbing to 1.75 per cent next year

by Peter Dominiczak, and Matthew Holehouse
Telegraph.co.uk

Interest rates are expected to rise sharply next year, experts have predicted, as official figures heralded the end of the squeeze on wages.

A Treasury survey of City economists found that all now expected rates to rise, with some predicting them to more than triple to 1.75 per cent.

Higher rates could provide respite to millions of pensioners who have seen the value of their savings shrink due to the impact of inflation and rock-bottom returns. However, it will leave many families paying significantly more on mortgages and debt repayments.

David Cameron said that hundreds of thousands of people have been given the “hope of a brighter future” after official figures showed wages are going up faster than prices.

Continue Reading at Telegraph.co.uk…

CoinTalk 21 – Texas Bitcoin Conference – Jeff Berwick

from TheDollarVigilante

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My Back and Forth Yesterday With John Embry

by Bill Holter
Miles Franklin

I received a reply to my article and a question yesterday from John Embry of Sprott Asset Management. He asks, “Where” the silver has come from to supply the excess demand over these past years. I have reprinted his question and then my response to John. I will follow my reply at the bottom with some parting comments and a more in depth explanation.

Bill, I agree with your premise totally but remain baffled by how the PTB are able to access enough physical silver worldwide to meet demand at such a remarkably depressed price. I was talking to Eric Sprott about it yesterday and he can’t understand how they’re doing it. The world experts Ted Butler and David Morgan are at a loss also. Any ideas on your part?

Best, John

Hi John, I suspect that China leased out silver 10 years ago. This was done because they wanted and preferred to have gold, it was a better deal to suppress silver prices (and thus gold also) than to just swap it one for the other because even if it was 2 billion ounces you were only talking $10-12 billion at the time.

Continue Reading at MilesFranklin.com…

Santelli: Fed Not Benefitting Anybody

from CNBC

CNBC’s Rick Santelli provides insight on the action in the yield curve after Federal Reserve Chair Janet Yellen commented on inflation.

Williams – Remarkable Roadmap From $5,000 To $20,000 Gold

from King World News

Today one of the most highly respected fund managers in Singapore spoke with King World News about the roadmap to $5,000, $10,000, $15,000, and even $20,000 gold. Grant Williams, who is portfolio manager of the Vulpes Precious Metals Fund, also spoke about exactly what will cause this historic rise in the gold price, as well as what it will mean for the global financial system.

Eric King: “If the gold market gets revalued and becomes part of an international basket of currencies, where does gold have to be re-priced, just looking at the mess we have today?”

Williams: “I’ve seen some really credible work from guys like Paul Brodsky and Lee Quaintance that make the case for a $10,000 gold price and make it effortlessly….

Continue Reading at KingWorldNews.com…

Statism as Religion: Larken Rose on the Tom Woods Show

from TomWoodsTV

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Gold Daily and Silver Weekly Charts – Hubris Incorporated

from Jesse’s Café Américain

“I am telling you if there is a God, when I get to heaven I’m not stopping to be interviewed. I am heading straight in. I have earned my place in heaven. It’s not even close.” – Michael Bloomberg, Billionaire Financier and Master of the Universe, I Have Earned My Place In Heaven

Ah, the rich miscalculating their fit through the eye of a needle. Its an old, old story. Memento mori.

I am sure he is not intending this seriously, and we ought not to take it as such. As we should with most of the gauche things that he and his fellow financial sharpers and masters of the universe say.

Speaking of dull financial people miscalculating their place in the cosmos, this looks like it is going to be a dull week for the precious metals, except for the major bear raid yesterday.

Continue Reading at JessesCrossroadsCafe.Blogspot.ca…

Today Cheerleader Janet Yellen Boosts Stocks, Even More Gains Ahead

from GregVegas5909

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Edward Lucas: I Hope I’m Wrong But Historians May Look Back And Say This Was The Start Of World War III

by Edward Lucas
DailyMail

Deep in the flat and featureless landscape of eastern Ukraine, it is all too ­possible that the outline of World War III is taking shape.

Whipped up by the Kremlin ­propaganda machine and led by Russian ­military intelligence, armed men are erecting road blocks, storming police stations and ripping down the country’s flag.

They are demolishing not just their own country — bankrupt, ill-run and beleaguered — but also the post-war order that has kept most of Europe and us, here in Britain, safe and free for decades.
Vladimir Putin is striking at the heart of the West.

His target is our inability to work with allies in defence against common threats. The profoundly depressing fact is that the events of the past few months, as Russia has annexed the Crimea and ­suppressed opposition in Ukraine, have shown the West to be divided, humiliated and powerless in the face of these land grabs.

Continue Reading at DailyMail.co.uk…

The Art Of Central Banking

from DailyReckoningUSA

Video Description…

New Study Confirms: “The United States Is No Democracy… But Actually An Oligarchy” Dominated By The Economic Elite

by Mac Slavo
SHTF Plan

Most Americans wake up every morning believing that they live in a democracy. We have the right to vote, the right to work, and the right to freely express our opinions without threat of imprisonment or worse. Our political leaders often tout the United States as being a democracy of and for the people. We even spend hundreds of billions of dollars a year spreading this democratic influence to the rest of the world.

But a new study from researchers at Princeton and Northwestern University titled Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens starkly contrasts the notion that America provides an equal playing field for every citizen, as it was intended to do at its founding.

After a multivariate analysis of key variables involving 1,179 policy issues the results provide “substantial support for theories of Economic Elite Domination,” wherein economic elites and organized groups representing business interests maintain “substantial independent impacts on U.S. government policy,” while average citizens have little or no independent influence.

Continue Reading at SHTFPlan.com…

The American Dream Turns Into a Global Nightmare

Commentary: 3 delusions that will backfire on us, self-destruct civilization

by Paul B. Farrell
Market Watch

SAN LUIS OBISPO, Calif. (MarketWatch) — The American Dream? Now a Global Nightmare? A ticking time bomb, a lethal virus spreading worldwide, could destroy the entire world, backfire, take down America and capitalism? Yes.

But, first, a little history: Five years ago Bill Gates and his Billionaires Club asked that question. But gave up. Here’s why.

Gates’ billionaires essentially asked: What do you think is the single, biggest ticking time bomb that will eventually take down global economies? The absolutely biggest one with a trigger mechanism that can ignite, set off a nuclear chain reaction that will throw a permanent wrench in global economic growth, ending capitalism, potentially destroying modern civilization as we know it.

Continue Reading at MarketWatch.com…

The Richest Man in Asia is Selling Everything in China

by Simon Black
Sovereign Man

Here’s a guy you want to bet on– Li Ka-Shing.

Li is reportedly the richest person in Asia with a net worth well in excess of $30 billion, much of which he made being a shrewd property investor.

Li Ka-Shing was investing in mainland China back in the early 90s, way back before it became the trendy thing to do. Now, Li wants out of China. All of it.

Since August of last year, he’s dumped billions of dollars worth of his Chinese holdings. The latest is the $928 million sale of the Pacific Place shopping center in Beijing– this deal was inked just days ago.

Continue Reading at SovereignMan.com…

The Stock Market Bounces – What to Watch Out For

by Pater Tenebrarum
Acting Man

A Quick Overview

Below we briefly review updates of two charts we have employed in our recent market updates. The first one is a quick glance at several major indexes: the NDX, the SPX, the Russell 2000 and the DJIA. There have been multiple divergences between these indexes at their recent peaks, but there is also a divergence visible now that a rebound has begun – which is a direct result of the recent underperformance of momentum stocks. Note that we have taken this chart snapshot during the trading day, so it doesn’t incorporate Wednesday’s close yet.

The market has begun to bounce from a natural support level: lateral support in the NDX (as well as the Nasdaq Composite and the RUT) that has served as a support and resistance level on several previous occasions.

Continue Reading at Acting-Man.com…

Ukraine Separatists Seize Six Armored Personnel Carriers, Parade Them in Two Towns

by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis

Pro-Russia forces in eastern Ukraine intensified their defiance against Kiev on Wednesday, seizing half a dozen armored vehicles and parading them through towns of Kramatorsk and Slavyansk.

The Financial Times reports Pro-Russia forces intensify defiance in eastern Ukraine

The escalating tension, a day after Kiev launched special operations against the separatists, prompted Nato to bolster its military presence on its eastern border, Anders Fogh Rasmussen, the alliance’s secretary-general announced on Wednesday.

Hundreds of local people in the centre of Kramatorsk cheered the vehicles and the roughly 100 militia men on them as they drove on to nearby Slavyansk. The defence ministry said the troops were guarded by “people in uniforms who have no relation to Ukraine’s armed forces”.

Continue Reading at GlobalEconomicAnalysis.Blogspot.com…

“Fed Policies Have Made The Rich Much Richer”, Fed President Admits

from Zero Hedge

Despite Janet Yellen’s meet-and-greet with the unemployed and criminal classes, the absence of Ben Bernanke has seemingly empowered several Fed heads to be just a little too frank and honest about their views. The uncomfortable truthsayer this time is none other than Dallas Fed’s Fisher:

  • *FISHER SAYS FED POLICIES HAVE MADE THE RICH ‘MUCH RICHER’ (but…)
  • *FISHER: UNCLEAR IF FED POLICIES WILL BENEFIT THE MIDDLE-CLASS

We wonder how President Obama, that crusader for fairness, equality and all time Russell 2000 highs, will feel about that? In the meantime, just like the Herp, QE is the gift that keeps on giving.. and giving… and giving… to the 0.001%.

Continue Reading at ZeroHedge.com…