Economy

GOLDMAN: QE3 is coming this week

Goldman’s Jan Hatzius stands by his call… We expect the Federal Open Market Committee (FOMC) to ease monetary policy at next week’s scheduled meeting.  Our baseline is a new asset purchase program that involves an expansion of the balance sheet, but an extension of Operation Twist and/or a further lengthening …

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The Federal Reserve Cartel

Part 1 – The Eight Families The Four Horsemen of Banking, Bank of America JP Morgan Chase Citigroup Wells Fargo, …own the Four Horsemen of Oil, Exxon Mobil Royal Dutch/Shell BP Chevron Texaco, ..in tandem with, Deutsche Bank BNP (Banque Nationale de Paris) Barclays other European old money behemoths But their …

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Expect a tidal wave entrance into gold – Gerald Celente

gold tidal wave Gerald Celente King World News

Today top trends forecaster Gerald Celente discussed gold at length, as well as other important trends with King World News.  Celente is the founder of Trends Research, and the man many consider to be the top trends forecaster in the world.  Celente predicted, “a tidal wave entrance into gold,” because “the entire …

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Pictures from Zimbabwe

Just because “Spanish banks are fine” 12 days before they got a full-blown bailout, and global hyperinflation can never happen in this world, where every central planner is now preparing to hold the CTRL and P buttons until the bitter end, here are some pictures from Zimbabwe.   And some charts: …

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Greek bank run update: €100-€500 million per day

Five days ahead of the Greek parliamentary re-vote, the media propaganda machine has gone mute due to the moratorium on the RAND() known as popular polling: forgotten are the days when Syriza’ popularity rating would swing from -100 to +100 in the span of hours, Diebold notwithstanding. Which leaves the …

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Brussels ready to back £80bn bailout for Spain

Decision taken following discussion about eurozone’s struggling economy Spanish minister said aid will not come with austerity conditions attached Move comes a day after Spain’s credit rating was downgraded David Cameron has said UK will not contribute funds to eurozone bailouts Euro falls and forecasters say it could hit seven-year …

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End of Peak Oil: 200-year supply of oil in one single shale formation

There’s plenty of oil, and even the global elites can’t hide it anymore. GAO: Recoverable Oil in Colorado, Utah, Wyoming ‘About Equal to Entire World’s Proven Oil Reserves’ … The Green River Formation – an assemblage of over 1,000 feet of sedimentary rocks that lie beneath parts of Colorado, Utah, …

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One of many: $90 million silver bullion ponzi scheme exposed

The Commodity Futures Trading Commission is charging a South Carolina-based firm with operating a $90 million Ponzi scheme, fraudulently offering contracts on silver sales, but never actually purchasing any metal, the agency said late Wednesday. The CFTC charged Ronnie Gene Wilson and Atlantic Bullion & Coin, Inc, both of Easley, …

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The Federal Reserve cartel: The Eight Families

(Part one of a four-part series) The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly …

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