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Heather Wagenhals – Avoid Vacation Hackers, You’re a Sitting Duck!

from Financial Survival Network Heather Wagenhals asks the question, how can we be hacked on vacation? *… [more]

Heather Wagenhals – Avoid Vacation Hackers, You’re a Sitting Duck! Heather Wagenhals - Avoid Vacation Hackers, You're a Sitting Duck!

Andrew Hoffman – The The Amtrak Economy

from Financial Survival Network Andrew Hoffman is back on the program. Get the details on: Fed… [more]

Andrew Hoffman – The The Amtrak Economy Andrew Hoffman - The The Amtrak Economy

Jason K. Roberts – Florida Real Estate Market Still Strong

from Financial Survival Network Jason K. Roberts has been making his fortune buying and selling distressed… [more]

Jason K. Roberts – Florida Real Estate Market Still Strong Jason K. Roberts - Florida Real Estate Market Still Strong

Instant Equity – The Cure For Bad Credit (Episode 29)

from Mike Gazzola’s Real Estate Investing That Works The beauty of Instant Equity is that you're… [more]

Instant Equity – The Cure For Bad Credit (Episode 29) Instant Equity - The Cure For Bad Credit (Episode 29)

Bruce D. Price – Dissecting the Crooked House of Education

from Financial Survival Network Bruce D. Price explains exactly what's wrong with education in America… [more]

Bruce D. Price – Dissecting the Crooked House of Education Bruce D. Price - Dissecting the Crooked House of Education

Donald Mazzella – Whatever Happened to the IRS Scandal?

from Financial Survival Network Donald Mazzella returns to the program... Exactly two years after… [more]

Donald Mazzella – Whatever Happened to the IRS Scandal? Donald Mazzella - Whatever Happened to the IRS Scandal?

Triple Lutz Report #384 – The Fake War On E-Cigs

from Financial Survival Network The Super State is coming for your E-Cig, are you surprised? It's… [more]

Triple Lutz Report #384 – The Fake War On E-Cigs Triple Lutz Report #384 - The Fake War On E-Cigs

Instant Equity – The Cure For Bad Credit (Episode 29)

from Mike Gazzola’s Real Estate Investing That Works

The beauty of Instant Equity is that you’re using cash to buy discounted properties, reselling them at profit and then repeating the process. Therefore, it doesn’t matter what your credit score is, Instant Equity is the cure. Start small and work your way up to the bigger deals. It doesn’t matter whether you have a lot of experience or a lot of cash, this is the best real estate market of your life. You don’t need to rely upon borrowed money or credit to get started, just get started now! The formula works!

Click Here to Listen to the Audio

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Jason K. Roberts – Florida Real Estate Market Still Strong

from Financial Survival Network

Jason K. Roberts has been making his fortune buying and selling distressed real estate for more than two decades. Right now he says the place to be is Florida.

While the worst of the real estate collapse may be over, and we don’t know for sure, there’s still lots of bargains in the Sunshine State.

Jason has developed a system for finding them. He likes properties in that $100k range where the demand is robust. He sees nothing but blue skies ahead.

Click Here to Listen to the Audio

Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.

Andrew Hoffman – The The Amtrak Economy

from Financial Survival Network

Andrew Hoffman is back on the program. Get the details on:

  • Fed minutes today!
  • Have to be more dovish, as Yellen Reversal approaches
  • Commodities crashing anew (base metals down 10% in last two days)
  • CRB index approaching March 2015 (and late 2008) lows, even with oil up $16!
  • Oil falling
  • Dollar surging (commodities plunging)
  • ECB essentially increased QE yesterday, and PBOC started theirs
  • Horrible economic data, starting with 1Q GDP and now 2Q looking horrible (and way above “consensus”)
  • Need to give “guidance” for June meeting, with all these horrible factors occurring
  • Not to mention, the continued “tectonic market shifts” – as rates continue to rise, and it appears, as I suggested, to be due to Chinese Treasury selling (very ominous)
  • Grexit potentially by early June, as extention (and cash) run out

Click Here to Listen to the Audio

Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.

Heather Wagenhals – Avoid Vacation Hackers, You’re a Sitting Duck!

from Financial Survival Network

Heather Wagenhals asks the question, how can we be hacked on vacation?

* How are these hackers targeting such a large volume of people?
* What are some of the ways to prevent these attacks?
* Why has the online world become a place full of criminals?

Heather and discuss how you avoid being a victim. If you don’t take proper precautions you’re a sitting duck. Think of it as hackers being out there who’s fulltime job is just looking for victims to steal your data and sell it for a profit or use it themselves to buy tons of stuff. So watch out! And listen to Heather, she’s knows what she’s talking about.

Click Here to Listen to the Audio

Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.

Our Crazy-Making Economy’s Endgame: Festering Frustration Seeking an Outlet

by Charles Hugh Smith
Of Two Minds

The consequence of policies that exacerbate injustice, inequality and double-bind demands is a madness that will find a social and economic outlet somewhere, sometime.

We all know crazy-makers: people who make contradictory claims about reality, who say one thing and do another, who change their stories constantly to justify their own pursuit of self-interest, who demand the impossible of others while giving themselves unlimited excuses.

When they can’t change reality to suit their purposes, they change their accounts of reality, and stick with the revised stories even when they are contradictory.

This describes the entire financial structure of the U.S.: crazy-making.

Continue Reading at OfTwoMinds.com…

Fun With Charts – Paul Krugman Edition

from Pragmatic Capitalism

Someone sent me an email this evening with some details on the Paul Krugman response to James Montier which I discussed here. I had previously stated that the Krugman response was lacking meat. But it’s actually worse than that. It’s actually highly misleading and appears intentionally so.

In the post Dr. Krugman tries to show how much interest rates matter by comparing the Fed Funds Rate with Housing Starts. He shows a chart and declares that there appears to be a strong correlation. Except, as this emailer notes, he appears to have shifted the chart to make it appear as though there’s a correlation where there isn’t one.

Here’s the Krugman chart:

Continue Reading at PragCap.com…

Is Greece Still A Country If Someone Else Owns Its Assets?

by John Rubino
Dollar Collapse

This story isn’t actually about Greece, but it begins there.

After the country went functionally bankrupt a few years ago, the solutions proposed by its creditors (mostly European banks and governments) included the impoverishment of its current citizens through cutbacks in wages and pensions, the impoverishment of its future citizens through the borrowing of even more money from the IMF and European Central Bank, and the sale of major state-owned assets to foreign companies to raise cash with which to make upcoming loan payments.

Greek voters, not surprisingly, responded by electing socialists who promised not to do any of those things. But apparently this didn’t work. Newsweek reports that the privatization program, after a brief pause, is back in high gear:

Continue Reading at DollarCollapse.com…

Free Trade Bill is a Sham

by Monty Pelerin
Monty Pelerin’s World

The Free Trade bill is a sham. Virtually every title that Washington puts on a bill, any bill, is deceptive and designed to make it more palatable to voters. So-called “free trade” bills are notoriously deceptive. There has never been a true one and this one is merely another in a long line of shams.

How do you know? A reasonable question because only a handful of people have been allowed to see the bill and I was not one of them. There are two reasons I feel confident in my assessment. First, decades of mislabeling routinely occurs with Washington legislation. Political leopards don’t change their spots.

Continue Reading at EconomicNoise.com…

Adult FriendFinder Hacked – Accusations Emerge that Federal Employees Used it from Government Emails

by Michael Krieger
Liberty Blitzkrieg

Before I get into the meat of this story, let’s briefly cover the background of the Adult FriendFinder hack. From CNN:

More than 3.5 million people’s sexual preferences, fetishes and secrets have been exposed after dating site Adult FriendFinder was hacked.

Already, some of the adult website’s customers are being identified by name.

Adult FriendFinder asks customers to detail their interests and, based on those criteria, matches people for sexual encounters. The site, which boasts 64 million members, claims to have “helped millions of people find traditional partners, swinger groups, threesomes, and a variety of other alternative partners.”

Continue Reading at LibertyBlitzkrieg.com…

Base Metals Roll Over

by Louis James, Chief Metals & Mining Investment Strategist
Casey Research

Through most of March and April, many commodities staged a rally. The rebound in industrial metals really caught our attention. But we were cautious. There were still many signs that all was not as well with the global economy as world leaders would have had us believe.

This month’s rollover in base metal prices tells us we were right to wait and see if the rally had legs. Prices are off across the board, as you can see in the charts below.

What’s next? We don’t know—and neither does anyone else.

That’s why we’re only interested in high-grade base metal plays with strong gold or silver credits. The optionality is essential in an unsure market.

Continue Reading at CaseyResearch.com…

Yellen Yap: Point by Point Rebuttal

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

Inquiring minds are reading Fed Chair Janet Yellen’s Outlook for the Economy speech, delivered today at the Providence, Rhode Island Chamber of Commerce.

Here are a few snips from what I believe to believe is a way over-optimistic assessment. I provide rebuttals following each statement.

Yellen: The U.S. economy seems well positioned for continued growth. Households are seeing the benefits of the improving jobs situation, and consumer confidence has been solid.

Mish: The economy is not positioned for much, if any, growth. Consumer confidence is not solid, and consumer spending plans have been sinking like a rock. See Consumer Confidence Plunges Below Any Economist’s Estimate; Consumers Shock Economists.

Continue Reading at GlobalEconomicAnalysis.Blogspot.ca…

Leader Of Germany’s Gold Repatriation Movement Confirms Austria To Repatriate 50% Of Its Gold Held Abroad, 80% Of Which Is Held In London

from King World News

Today Peter Boehringer, who led the movement to repatriate Germany’s gold, notified King World News that he has seen credible reports that Austria intends to repatriate 50% of its gold reserves held abroad, 80% of which are held in London.

This is a huge blow to the West’s fractional reserve gold system, which is leveraged 100/1. The fractional reserve gold system is operated out of London and is supported by the United States. It will be interesting to see how the gold market trades in coming weeks as London will have to send a large amount of gold back to Austria. It’s the leverage that makes coming up with the physical gold so tricky.

Continue Reading at KingWorldNews.com…

When Genius Fails Again, Part I

by Addison Wiggin
Daily Reckoning

“They had the Ph.D.s,” Jim Rickards was saying, “They had the prizes. They had the Nobel Prizes. They had the faculty positions. They had the thousands of students. They had the prominence, preeminence. And they were all twice as smart as I was.”

Jim was referring to his colleagues, during and after, the collapse of Long Term Capital Management (LTCM) in 1998. Jim not only had a front-row seat as a leading attorney for the firm, but during the bust, he lost 92% of his own net worth… in one week.

“Statistically, they had IQs of 165… they really were twice as smart as I was,” Jim went on “but you guys must’ve got it wrong. You couldn’t — you can’t possibly understand risk. All your models, and all your theories, and all your teaching, and all your learning, and everything you guys stand for can’t be right. Because if it was right, this wouldn’t have happened.”

Continue Reading at DailyReckoning.com…

‘Pls Print’: Hillary Clinton’s Email Order Raises Eyebrows

by Robert Schroeder
Market Watch

WASHINGTON (MarketWatch) — Hillary Clinton asked her aides to use up a bunch of computer paper when she was secretary of state.

The State Department released 296 emails from Clinton’s private account on Friday, something the Democrats’ presidential frontrunner said she welcomed.

One common message from the former first lady to her email recipients: “Pls print.” Check out this tweet for just one example:

Continue Reading at MarketWatch.com…

A Simple Sector ETF Rotation Strategy That Beats The Market

from FTMDaily

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US Department Of Commerce Officially Jumps The Shark, Will “Double Seasonally Adjust” GDP Data

from Zero Hedge

It’s official: after seeing it work so well for years in China, the US Department of Commerce’s Bureau of Economic Statistics has officially replaced all of its excel models with just one function. The following:

[...] As Steve Liemsan hinted a few days ago, in what we thought was a very belated April fools joke, th eBEA has finally thrown in the towel on weak seasonally-adjusted US GDP data, and as a result has decided to officially proceed with a second seasonal adjustment: one which will take all the bad data, and replaced it with nice and sparkly, if totally fake and goalseeked, GDP numbers.

Continue Reading at ZeroHedge.com…

James Grant: The Forgotten Depression

from misesmedia

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