“Who Could Trust Such A Company?” – The Big Fat Lies About Radiation Exposure...
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterThe nuclear fiasco playing out relentlessly in Japan since March 2011 has shaken the previously omniscient and omnipotent...
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When Central Bankers Fail - A Tale Of Two Broken Bond Markets
A month ago we showed the chart that we suspect scared Bernanke straight and required his verbal intervention to de-froth the US Treasury market. The huge surge in 'fails-to-deliver' in the US Treasury...
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Guest Post: Is This A 2007 Redux?
Submitted by Lance Roberts of Street Talk Live blog,I read a very interesting prediction from noted market bull Jeff Saut who, in an interview with Eric King of King World News, stated that:"For the...
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The Crash Of 1929
Based on eight years of continued prosperity, presidents and economists alike confidently predicted that America would soon enter a time when there would be no more poverty, no more depressions - a...
View ArticleWas Ron Paul Right?
Submitted by Jim Quinn of The Burning Platform blog,Ron Paul wrote this scathing assessment and prediction about the newly created DHS eleven years ago. He was outraged by the $3 billion price tag. The...
View ArticleChina Warns Of "Overly Optimistic Forecasts"; Tells G-20 To Mind Your Own...
In a wide-ranging interview with Xinhua, the Chinese finance minister Lou Jiwei started from the normal fantasy-land of central-planners by noting that the topic of a Chinese hard-landing "was not...
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Now That Detroit’s Gone Bust, Is Your City Next?
Submitted by F.F. Wiley via Cyniconomics blog,Detroit’s bankruptcy filing is one depressing read. Poverty, crime, blight – you name the malady and there’s plenty of data to back it up. And...
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THe AMeRiKaN DReaM...
.American leaders are lying Your standard of living is dying You borrowed to spend A game of pretend It's only a dream you were buying The Limerick King
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Chart Of The Day: How Much US GDP Growth Is Thanks To The Fed?
By now even the most confused establishment Keynesian economists agree that when it comes to economic "growth", what is really being measured are liabilities (i.e., credit) in the financial system....
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Existing Home Sales Fall By Most In 2013, Biggest Miss In 12 Months
Existing home sales dropped 1.2% month-over-month - the biggest drop in 2013 - against expectations for a 1.5% rise. Critically though, this is for a period that reflects closings with mortgage rates...
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"Hot Money" Escapes China At Fastest Pace In 7 Months
For the first time since November, PBOC data indicated banks, including the central bank itself, sold a net CNY41.2 billion in June. This compares with the huge average CNY315.2 billion in net...
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What Lies In Store For Second Half Earnings
We have already noted the ongoing second consecutive quarter deterioration in corporate revenues. Luckily, thanks to the ongoing barrage of levered stock buybacks, GAAP EPS have disconnected from the...
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Stocks Are Setting Up For a Truly Epic Collapse
At this point, the market is beyond overextended. Last week was options expiration (Wall Street’s favorite time to shred options traders). And thanks to Ben Bernanke’s promise to keep the money...
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Violent Clashes In Egypt Following Calls To 'Lay Seige' To The US Embassy
While Egypt may have left the front pages of the mainstream media, the boiling pot of tension is bubbling up nce again this morning. Ahram Online reports that violent clashes have occurred between pro-...
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Ahead Of Tomorrow's Hearing On Goldman And JPM's Commodity Cartel
Back in June 2011 we first reported how "Goldman, JP Morgan Have Now Become A Commodity Cartel As They Slowly Recreate De Beers' Diamond Monopoly" in an article that explained, with great detail, how...
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Gold Surges To Its Best Day In 13 Months
With gold now up an impressive 13.1% from its post-Bernanke lows 3 weeks ago (notably more than the +8.8% in US equities), it appears the physical demand is quietly catching up to the paper supply. As...
View ArticleA Different View Of The Iceland "Recovery"
Submitted by Simon Black of Sovereign Man blog,Without doubt, Iceland was the canary in the coalmine for the sovereign debt crisis that is unfolding across the world right now.It was the first place to...
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Grantham Quarterly Letter: "What The *&%! Just Happened?"
By GMO's Ben InkerWhat the *&%! Just Happened?To investors focused on U.S. equities, it may be easy to forget the investing excitement of this spring, but for others, particularly anyone running a...
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Apple Beats On Stronger iPhone, Weaker iPad Sales; Cash Grows To Record At...
Here are the highlights:Q3 Revenue of $35.32 billion beats expectations of $35.04 billion; This compares to $35.0 billion a year ago, or the firm barely posted a revenue increase this quarter - the...
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