Robert Spencer – What Side is the Government on in the War on Jihad?

from Financial Survival Network Robert Spencer is the director of Jihad Watch, a program of the David… [more]

Robert Spencer – What Side is the Government on in the War on Jihad? Robert Spencer - What Side is the Government on in the War on Jihad?

John Rubino – Austrian Bank Collapse, No Bailout For You!

from Financial Survival Network We sat down with John Rubino for our weekly get together. Heta bank… [more]

John Rubino – Austrian Bank Collapse, No Bailout For You! John Rubino - Austrian Bank Collapse, No Bailout For You!

Jason Stevens – Upcoming Opportunities in Oil and Diamonds

from Financial Survival Network Jason Stevens believes that the current low prices we're seeing won't… [more]

Jason Stevens – Upcoming Opportunities in Oil and Diamonds Jason Stevens - Upcoming Opportunities in Oil and Diamonds

Heather Wagenhals – Billion Dollar Bank Hack Heist

from Financial Survival Network Heather Wagenhals joined us today to discuss the recent bank hack/heist… [more]

Heather Wagenhals – Billion Dollar Bank Hack Heist Heather Wagenhals - Billion Dollar Bank Hack Heist

Jason Hartman – Buying Real Estate and Driverless Cars

from Financial Survival Network Jason Hartman is still bullish on real estate and for good reason.… [more]

Jason Hartman – Buying Real Estate and Driverless Cars Jason Hartman - Buying Real Estate and Driverless Cars

Don Mazzella – Are the Republicans Really in Control of Congress?

from Financial Survival Network Don Mazzella writes, "It wasn't supposed to be like this for Republicans.… [more]

Don Mazzella – Are the Republicans Really in Control of Congress? Don Mazzella - Are the Republicans Really in Control of Congress?

How To Make A Killing In Short Sales (Episode 8)

[Ed. Note: This podcast requires that you install the Apple iTunes software.] from Mike Gazzola's… [more]

How To Make A Killing In Short Sales (Episode 8) How To Make A Killing In Short Sales (Episode 8)

Big Oil Hates Ethanol

Why Big Oil hates ethanol and why you should too

by Marin Katusa, Chief Energy Investment Strategist
Casey Research

If you are looking for my real time comments on interesting events within the resource sector, politics, and the economy I recommend you add me to your Twitter account @marinkatusa. You will get real time access to my thoughts—and its free! If you’re old school and don’t have Twitter, no worries; changes will be happening to the CDD format, and you can choose for yourself what you like and what you don’t like in these missives—more info on that in the days to come.

Now, on to why Big Oil hates ethanol.

The Energy Policy Act of 2005 created the Renewable Fuel Standard in the US, which really should be renamed as the “It Seemed like a Good Idea at the Time Energy Act.”

Continue Reading at CaseyResearch.com…

Gartman: Why the Dollar Could Get Even Stronger

from CNBC

Dennis Gartman, The Gartman Letter, hones in on gold prices, currency wars and crude oil.

Like ‘One Hundred Flowers,’ Protests Bloom

from The Daily Bell

Hundreds of Farmers Block Roads in Protest of Monsanto’s GMO Crops … Poland’s largest farmer uprising … Poland’s largest farmer uprising ever has occurred as convoys of tractors took to the roads recently in protest of GMO infiltration and land grabs by biotech and Big Ag corporations. More than 150 farmers blocked roadways and held numerous demonstrations in order to bring attention to the important issue of food sovereignty in Poland. Their focus is a ban on GMOs and a restoration of small farmer’s rights after decades of oppressive health and safety regulations which take rights away from small farms and give them to mono-cropping, poisoning Big Ag mega-companies. – NaturalSociety.com

Dominant Social Theme: There are always glitches when new technology is rolled out.

Free-Market Analysis: There have been anti-central bank demos in Germany, anti-EU demos across Europe and now there are anti-Monsanto demos in both South America and Europe, including Poland.

Continue Reading at TheDailyBell.com…

Robert Spencer – What Side is the Government on in the War on Jihad?

from Financial Survival Network

Robert Spencer is the director of Jihad Watch, a program of the David Horowitz Freedom Center, and the author of thirteen books, including two New York Times bestsellers, The Truth About Muhammad and The Politically Incorrect Guide to Islam (and the Crusades) (both Regnery). Recent books he has written include Did Muhammad Exist? An Inquiry Into Islam’s Obscure Origins (ISI) and Not Peace But A Sword: The Great Chasm Between Christianity and Islam (Catholic Answers). His latest book is Arab Winter Comes to America: The Truth About the War We’re In (Regnery).

Spencer has led seminars on Islam and jihad for the United States Central Command, United States Army Command and General Staff College, the U.S. Army’s Asymmetric Warfare Group, the FBI, the Joint Terrorism Task Force, and the U.S. intelligence community.

Click Here to Listen to the Audio

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John Rubino – Austrian Bank Collapse, No Bailout For You!

from Financial Survival Network

We sat down with John Rubino for our weekly get together. Heta bank in Austria has perhaps reached the end of the road. The bank, which was bailed out by the Austrian Government in 2008 and is now in need of another bailout but none will be forthcoming. Rather, bondholders and creditors will be paying for the bailout and this will have the effect of triggering the CDS’s (Credit Default Swaps). Will this lead to a series of cascading collapses among banks across the world? That’s the fear among many alternative economists across the globe and only time will tell.

Click Here to Listen to the Audio

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The Draghi Derangement: $2 Trillion Euro Government Bonds Trading At Negative Yield

by David Stockman
David Stockman’s Contra Corner

That investors anywhere in this age of fiscal profligacy would pay to own the notes and bonds of sovereign states is a testament to the financial deformations of modern central banking. But the fact that nearly $2 trillion of debt issued by European governments is currently trading at negative yields – now that’s a flat-out derangement. After all, the aging, sclerotic economies of the EU have been making a bee line toward fiscal insolvency for most of the last decade.

Continue Reading at DavidStockmansContraCorner.com…

Greece Eyes Last Central Bank Funds to Avert IMF Default

Syriza is not interested in emergency EMU funding if it means kowtowing to Troika demands

by Ambrose Evans-Pritchard
Telegraph.co.uk

Greece is preparing to tap its final pension reserves at the country’s central bank if needed to avert a devastating default to the International Monetary Fund and keep the government going over the next two weeks.

The Greeks must pay the IMF €1.5bn in a series of deadlines this month, starting with €300m as soon as Friday. No developed country has ever defaulted to the IMF in the history of the Bretton Woods financial system. Such a move would shatter confidence and reduce Greece to a financial pariah in motley company with Zimbabwe.

George Stathakis, the economy minister, said the government still has hidden reserves to keep operations going for a few more weeks, brushing aside warnings that the state could run out of cash within 10 days. “These stories are exaggerated. We have various buffers, including €3bn or €4bn at the Bank of Greece,” he told The Telegraph.

Continue Reading at Telegraph.co.uk…

Why the U.S. is Letting China Accumulate Gold

by James Rickards
Daily Reckoning

A lot of people think about gold as a percentage of a country’s total reserves. They are surprised to learn that the United States has 70 percent of its reserves in gold. Meanwhile, China only has about 1 percent of its reserves in gold. People look at that and think that’s an imbalance. But those are not very meaningful figures in my view.

The reason is that a country’s reserves are a mixture of gold and hard currencies, and the currencies can be in bonds or other assets. The United States doesn’t need other currencies. We print dollars, so why would we hold euros and yen?

The U.S. doesn’t need them, so it makes sense that the country would have a very large percentage of its reserves in gold. China, on the other hand, has greater need for other currencies.

Continue Reading at DailyReckoning.com…

Illinois Pension Plans 39% Funded; Taxpayers On the Hook for $105 Billion in Liabilities; It Will Get Worse!

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

This is my second column for the Illinois Policy Institute, where I am now a senior fellow.

The article was written well ahead of the Moody’s downgrade of Chicago pensions last Friday, with a final edit made on Friday, and posted then on the IPI website.

Illinois Pension Plans 39% Funded

A “Special Pension Briefing” last November, shows the Illinois State Retirement Systems are in dismal shape.

Continue Reading at GlobalEconomicAnalysis.Blogspot.com…

Steve Keen on Greece Austerity and Deflation

from Boom Bust

Video Description…

The Problem with the Forward EPS Hockeystick: Millions of Americans Are About to Lose Their Jobs

from Zero Hedge

Back on September 30, Q1 2015 earnings were expected to grow by 10% from a year earlier. A few short months later, Q1 EPS (non-GAAP of course) growth was revised to 4%. It currently stands at -2.8%, a number which as we reported a month ago, is the biggest annual drop since 2012. What is the reason for this collapse in EPS?

There are two.

First, plunging crude prices, which after rebounding from the low $40s, have since posted a modest dead cat bounce to the upper-$40s, but are nowhere near enough to allow quarterly EPS growth to resume its historic pattern of growing in the high single, low double digits. The devastation that has resulted in the Capex of the shale sector including the already ramping up layoffs of energy workers, extensively documented here, needs no further commentary.

Continue Reading at ZeroHedge.com…

The Unnerving Thing Wells Fargo Just Said About the Auto Boom

by Wolf Richter
Wolf Street

American consumers are borrowing like never before to buy cars. It has been the reason why the US auto industry is intoxicated with its own exuberance. Last year, 16.5 million new vehicles were sold. This year, the industry hopes to breach the sound barrier of 17 million, or even 17.5 million. The industry is already dreaming about new all-time highs.

The growth is funded with borrowed money. Total auto loan balances outstanding grew 9.3% year over year to $975 billion at the end of December, an all-time high, according to Equifax. These balances will likely exceed the $1-trillion mark soon.

Continue Reading at WolfStreet.com…

Mexico: World’s Number One Silver Producer Slips in 2014

by Steve St. Angelo
SRSRocco Report

Mexico is the largest silver producer in the world. The only two countries that come remotely close to Mexico’s number one ranking are Peru and China. However, these countries trail Mexico by more than 50 million ounces.

According to the INEGI, Mexico produced a record 186 million ounces (Moz) of silver in 2013, but this declined to 184 Moz in 2014. On the other hand, Peru’s silver production increased from 118 Moz in 2013 to 121 Moz in 2014. If we combine the total of these top two producers, total production only increased slightly from 304 Moz in 2013 to 305.6 Moz in 2014.

Continue Reading at SRSRoccoReport.com…