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Mickey Fulp – Monthly Major Market Review for July 2015

from Financial Survival Network Mickey Fulp, the Mercenary Geologist, joined us today for a review… [more]

Mickey Fulp – Monthly Major Market Review for July 2015 Mickey Fulp - Monthly Major Market Review for July 2015

Bo Polny – Have Faith In Gold & Silver

from Financial Survival Network Bo Polny was back explaining why the recent lows in precious metals… [more]

Bo Polny – Have Faith In Gold & Silver Bo Polny - Have Faith In Gold & Silver

Dale Nabors – Tampa Foreclosures Still Riding High

from Financial Survival Network Real Estate Expert Dale Nabors joined us on FSN to answer the following… [more]

Dale Nabors – Tampa Foreclosures Still Riding High Dale Nabors - Tampa Foreclosures Still Riding High

Jordan Goodman – First Hand Account of China’s Bubble Economy Bursting

from Financial Survival Network Financial expert and regular network contributor Jordan Goodman is… [more]

Jordan Goodman – First Hand Account of China’s Bubble Economy Bursting Jordan Goodman - First Hand Account of China's Bubble Economy Bursting

Roger Whitney – The Retirement Answerman

from Financial Survival Network Roger Whitney began his career as a Financial Advisor in 1991. This… [more]

Roger Whitney – The Retirement Answerman Roger Whitney - The Retirement Answerman

Andrew Zatlin – More Forecasts From Moneyball Economics

from Financial Survival Network Hear the latest prognostications from the Moneyball Economist, Andrew… [more]

Andrew Zatlin – More Forecasts From Moneyball Economics Andrew Zatlin - More Forecasts From Moneyball Economics

Carleton English – To Charge or Not to Charge, That is the Question

from Financial Survival Network Carleton English is a staff reporter at TheStreet.com for Banking… [more]

Carleton English – To Charge or Not to Charge, That is the Question Carleton English - To Charge or Not to Charge, That is the Question

Eric Hadik – Is July the Bottom in Gold as Erick Predicted?

from Financial Survival Network The last time Eric Hadik was with us he was calling for a bottom in… [more]

Eric Hadik – Is July the Bottom in Gold as Erick Predicted? Eric Hadik - Is July the Bottom in Gold as Erick Predicted?

Patrick Crow – Update on the Federal Personnel Breach… Worse Than You Ever Thought (Episode 17)

from The Identity Theft Warriors Patrick Crow is COO of KeepMyID.org, and a leading expert on identity… [more]

Patrick Crow – Update on the Federal Personnel Breach… Worse Than You Ever Thought (Episode 17) Patrick Crow - Update on the Federal Personnel Breach... Worse Than You Ever Thought (Episode 17)

Dr. Elaina George, MD – Are Health Insurance Companies Becoming Too Big To Fail?

from Financial Survival Network Dr. Elaina George is concerned that health insurers are becoming so… [more]

Dr. Elaina George, MD – Are Health Insurance Companies Becoming Too Big To Fail? Dr. Elaina George, MD - Are Health Insurance Companies Becoming Too Big To Fail?

Mickey Fulp – Monthly Major Market Review for July 2015

from Financial Survival Network

Mickey Fulp, the Mercenary Geologist, joined us today for a review of July’s Major Markets. July was an extremely volatile month for Energy, Metals and everything else but the US Stock Markets. We all know about the hit precious metals took, especially gold and silver. WIT was down even more. Bitcoin has been up 10 percent for two months in a row. Copper was killed falling to levels not seen in years. There’s no reason to panic, but remain cautious and ready for opportunities that may rapidly emerge. Mickey doesn’t see another 2009 Crash happening, but prices have gone down considerably, with WTI breaking $50 per barrel. The Shanghai Correction has investors acting very scared. If it continues, then we’ll have to change our assessment.

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Bo Polny – Have Faith In Gold & Silver

from Financial Survival Network

Bo Polny was back explaining why the recent lows in precious metals will have no affect upon the longer trend which is determinedly headed higher. The stock market and the dollar will eventually tell the story of gold and silver. Bo says there’s a very important shorting point coming up later this year. So in conclusion, don’t lose hope, gold and silver are headed much higher. The low appears to be in and now it’s just sit back and wait for higher prices.

Click Here to Listen to the Audio

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Dr. Elaina George, MD – Are Health Insurance Companies Becoming Too Big To Fail?

from Financial Survival Network

Dr. Elaina George is concerned that health insurers are becoming so big that they will soon be Too big to fail. And she’s right. That’s why she’s gone the route of Liberty HealthShare, where like minded people have co-opted together to pay their health care bills together.

Liberty HealthShare is a truly non-profit organization. Dr. George has been a member for the past 18 months and has gotten many of her friends and family members involved as well. It works!

Click Here to Listen to the Audio

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

Patrick Crow – Update on the Federal Personnel Breach… Worse Than You Ever Thought (Episode 17)

from The Identity Theft Warriors

Patrick Crow is COO of KeepMyID.org, and a leading expert on identity theft, the fastest growing crime in America.

Today he returned to speak about the massive breach by the Chinese Hackers of the Federal Office of Personnel Management. They’ve gotten millions of fingerprints, security clearances and tons of personal information. There’s really no way to calculate the amount of damage that’s been done to national security by this breach. The damage to the country’s security will be felt for years to come.

You can follow Patrick, here.

To keep your identity safe now go to www.KeepMyID.org and be sure to use the Code: FSN2.

Click Here to Listen to the Audio

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

Puerto Rico Triggers Historic Default as Austerity Spiral Deepens

America’s home-grown “Greece” is trapped in a vicious circle as a shrinking economy and an exodus of workers pushes the debt ratio through the roof

by Ambrose Evans-Pritchard
Telegraph.co.uk

Puerto Rico has triggered the biggest municipal default in US history, risking years of bitter legal warfare with creditors and an austerity “death spiral” with echoes of Greece.

The island Commonwealth finally ran out of money on Monday after a desperate effort to stay afloat, and missed a final deadline for a $58m payment – handing over just $628,000.

It implies a sweeping default on much of its $72bn debt burden, equal to 100pc of Puerto Rico’s gross national product (GNP) and more than five times the debt ratio of California or Texas.

Continue Reading at Telegraph.co.uk…

Ukraine’s Ultra-Right Militia Threatens Military Coup

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

Dissatisfied with alleged concessions to Russia, the leader of the Right Sector battalion, Dmytro Yarosh, seeks a nationwide no-confidence referendum in President Petro Poroshenko.

The Right Sector is an illegal battalion that Kiev tolerates because its fighters are well-trained, well-equipped, and willing to take on the separatists.

There is growing unease in Kiev over the Right Sector, because of Yarosh’s call for a vote of no-confidence along with some in the group openly threatening a military coup.

Russia claims (likely accurately), Right Sector neo-Nazis were responsible for the violence in the 2104 Ukrainian Revolution that ousted then-President of Ukraine, Viktor Yanukovych.

Continue Reading at GlobalEconomicAnalysis.Blogspot.com…

Comex On The Edge? Paper Gold “Dilution” Hits A Record 124 For Every Ounce Of Physical

from Zero Hedge

Over the few days, we got what was merely the latest confirmation that when it comes to sliding gold prices, consumers of physical gold just can’t get enough.

As the Times of India reported over the weekend, India’s gold imports shot up by 61% to 155 tonnes in the first two months of the current fiscal year “due to weak prices globally and the easing of restrictions by the Reserve Bank. In April-May of the last fiscal, gold imports had aggregated about 96 tonnes, an official said.”

This follows confirmations previously that with the price of gold sliding, physical demand has been through the roof, case in point:

Continue Reading at ZeroHedge.com…

Gold Acting More Like A Raw Commodity Than A Safe-Haven: Frank Holmes

from Kitco NEWS

Video Description…

In Washington, War Is Peace

The “US Institute of Peace” is a coven of warmongers

by Justin Raimondo
AntiWar

The Intercept has an article on the “U.S. Institute of Peace,” a government agency founded in 1984 supposedly dedicated to promoting “nonviolent resolution of conflicts”: author Lee Fang is shocked – shocked! – that USIP chairman Stephen J. Hadley, a former national security advisor to George W. Bush, wants to arm Ukraine so as to impress Putin with the sight of “body bags of Russian soldiers who have been killed.” Yet the USIP has long been a site of neoconservative infection inside the national security bureaucracy.

Established by a national lobbying effort led by lefty-sounding “peace activists,” the National Peace Academy Campaign was originally a project of goody-two-shoes liberalism, and was supported by Sens. Mark Hatfield and Vance Hartke, among others. Writing in Z Magazine, Sara Diamond averred that

Continue Reading at AntiWar.com…

The Chart That Shows the Worst May Be Yet to Come for Chinese Stocks

by Shawn Langlois
Market Watch

The Chinese stock market ballooned over the past year on the back of borrowed money, with margin debt climbing to a high of 9.6% of market cap as equities peaked in June, according to Guggenheim Chief Investment Officer Scott Minerd.

This is an alarming level, both historically and globally, and as you can see by the chart, it puts China in some unsettling territory. Even after the latest spiral.

“While margin debt has begun to unwind in the midst of the latest stock selloff, there is still a great deal of margin debt outstanding, meaning more turbulence could lie ahead for China’s stock market,” Minerd wrote in a blog post cited in Monday’s “Need to Know” column.

“If Chinese policy makers don’t alter course soon, the current Chinese equity-market correction could turn into a stock market plunge similar to what happened in the United States in 1929,” he wrote. For comparison, the U.S.’s margin figure is currently below 3%.

Continue Reading at MarketWatch.com…

Is There Any Limit to Creation of Paper Gold on the Comex?

by Chris Powell
GATA.org

Dear Friend of GATA and Gold:

A week ago the TF Metals Report disclosed that leverage in gold futures contracts on the New York Commodities Exchange had reached 116 times the metal available for delivery:

http://www.gata.org/node/15598

Today Zero Hedge reports that the leverage is up to 124 claims per ounce. Zero Hedge’s report is headlined “Comex On The Edge? Paper Gold ‘Dilution’ Hits a Record 124 for Every Ounce of Physical” and it’s posted here:

Continue Reading at GATA.org…

Who in the World Will Go Bankrupt Next?

from CrushTheStreet

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S&P Revises EU Outlook to ‘Negative’ from ‘Stable’; Rating at AA+

by Reem Nasr
CNBC.com

Standard & Poor’s Ratings Services revised on Monday its outlook for the European Union to “negative” from “stable.” The AA+/A-1+’ long- and short-term issuer credit ratings were affirmed.

The agency cited an expectation that “the EU will provide first-loss guarantee support for financing connected to the Juncker Plan,” among other issues.

The investment plan, announced by European Commission President Jean-Claude Juncker last November, is meant to encourage financing of viable investments in Europe. The plan was backed by the European Parliament in June.

Continue Reading at CNBC.com…

The Smartest (and Safest) Way to Play a Crash

by Jimmy Mengel
Outsider Club

Billionaire investor Sir John Templeton was a creature of habit…

At the stroke of noon every single day, he would leave his posh Wall Street office to exercise, eat lunch and do some distraction-free reading about the stock market. When he returned to the office, he was refreshed and ready to get to work doing what he did best: buying stocks.

And he did it very well — so well, in fact, that he was known as “the greatest global stock picker of the century.”

But on Oct. 19, 1987 when he returned to his office, he was greeted by full-on pandemonium. His staff surrounded him, screaming that the market had completely collapsed.

Continue Reading at OutsiderClub.com…

New York Times Pushes False Narrative on the Wall Street Crash of 2008

by Pam Martens and Russ Martens
Wall Street on Parade

William D. Cohan has joined Paul Krugman and Andrew Ross Sorkin at the New York Times in pushing the patently false narrative that the repeal of the Glass-Steagall Act in 1999 had next to nothing to do with the epic Wall Street collapse of 2008 and the greatest economic calamity since the Great Depression. (See related articles on Krugman and Sorkin below.)

The New York Times has already admitted on its editorial page that it was dead wrong to have pushed for the repeal of Glass-Steagall but now it’s dirtying its hands again by publishing all of these false narratives about what actually happened.

Continue Reading at WallStreetOnParade.com…