by John Galt June 11, 2013 21:00 ET From Nathan Hunt’s Twitter feed, more good news for the markets, spy world, and the cause of world peace: Their timing is impeccable as usual. So much for the midget working towards peace in the region. Japan must have really pissed off the ChiComs some how…
by John Galt June 11, 2013 17:45 ET Once upon a time, All through the White House, Not a creature was stirring, Nary even a computer mouse. The stockings were hung out by the fire, To be filled with weed and booty, Or whatever the campaign staff, Might desire. As the Windy City blew, Late into the night, The NSA assured, The party would continue until daylight. Shoot me, because as my readers can see, I’m no poet. But the facts are so obvious…
by John Galt June 5, 2013 05:50 ET The Japanese Nikkei 225 got whacked again last night with a 3.83% loss or 518 point decline: (charts from YahooFinance) I haven’t seen panic set in over the last three weeks since Dunkin Donuts closed their capitol building location in New Jersey. The key to today’s action is to watch the Yen which is strengthening once again as our economic situation is starting to display the instability which most Americans feel on a daily…
by John Galt June 3, 2013 05:50 ET Remember this bubbleicious chart? That’s a nice return on investment if you’re a gambler or “investor” in the current Bubble driven equity markets. But the chart above is an example of a bush league amateur inflationary growth attempt compared to Venezuela: That’s right my friends, a move from about 35K to 817,000+ in just about 6 years. Think that will end well? I doubt it. And the first chart without the title or price figures? That’s…
by John Galt June 3, 2013 05:45 ET The prevailing thought after Friday’s swoon was that the markets would continue tanking this Monday morning and there is a strong chance that the U.S. equity markets could drop further despite mildly higher futures this morning. The reality is not in the short term hourly action of the markets but what history has taught what few individual investors are left when May ends on a sour note with somewhat less than a booming economy. The chart…
by John Galt May 29, 2013 20:31 ET Ruh-Roh! This is not going to end well. FWIW, this is what an ongoing bond market crash looks like boys and girls: Watch the live action as it is down 3% as of 2030 ET and looking probably pretty fugly and possibly heading for another 5%+ drop! Prices from Yahoo Finance delayed 20 minutes: The US market dropped a hint today as to what happens when a…
by John Galt May 23, 2013 22:00 ET I am not joking. Natty at Just Measures Coin Shop a long time sponsor of this site has what can only be called the deal of a lifetime while the inventory is available which will not be for long. In 20 coin lots, tube quantities only, anyone can by 2013 Silver American Eagles at $6 over the spot silver price! Tonight I interviewed Natty and the details plus my take on some of the…
by John Galt May 23, 2013 05:00 ET The cratering of the Japanese stock market last night with a massive 7.32% sell off could be an indication that the Fed’s hint that the era of super easy funny fiat printing may start to ease is over. The hangover might begin as U.S. futures are down triple digits as this is typed but is it the end? If the speculators are any hint, odds are this could be a short sharp correction heading…
by John Galt May 17, 2013 11:15 EDT The news from Europe and the so-called successful European Union continues on a dire path, now with the tiny nation of Slovenia following in the footsteps to slavery and a Panzerbank march to seize control of the nation’s wealth. The economic Blitzkrieg that Germany’s favorite Marxist, Herr Merkel, is executing would make Rommel jealous as now Slovenia is in precisely the same danger as Greece was in 2009. This is not a surprise as I…
by John Galt May 10, 2013 22:50 EDT While the American Mainstream Propaganda Media continues its reporting of just how wonderful the economy is, reality at the street level, Main Street to be exact, continues to set it. What is truly amazing is the mainstream idiots think that because a bank fails now, that the American economy is “healthy” enough because it can absorb it. Really? In 2008 the same idiots in the financial media said the initial wave of bank failures meant nothing…
by John Galt May 9, 2013 20:25 EDT The good news from the Far East keeps coming, even after the North Korean crisis appears to have moved into the “War Cancel” mode. Here is a video of the news story from Russia Today: And from the International Business Times approximately 16 hours ago: China Demands Japan Cede Sovereignty of US Military Base Island Okinawa From the article: A mouthpiece of China’s Communist party has claimed that the Japanese Island of Okinawa, home…
by John Galt May 9, 2013 05:00 EDT Yesterday afternoon, a brave group of whistle-blowers gave testimony which some considered explosive, I would consider just plain brave (from CNSNews.com): Throughout the entire Libyan “revolution” ignited by quite possibly a teaming up of Saudi, Qatari, U.S., and U.K. intelligence resources, there were several factors which for a lack of better words “smelled quite rotten’ and had everyone scratching their collective heads. The questions that stood out in Europe and the United States related…
by John Galt May 7, 2013 05:00 EDT A Warning for the Unprepared Prepper… Last year, yours truly penned a piece titled “It’s Time to Accept Reality that it’s Too Late.” It was an echo of the words I uttered on radio many years ago that if one wishes to survive the oncoming threat of a United States based dictatorship using a corporatocracy inclined Fascist system to control the masses, that the two words one did not want to hear were that it is…
by John Galt May 6, 2013 23:00 EDT After a productive (?), okay 4 martini business meeting in the Naples-Fort Myers area, I return home to find out that the big war in Korea was once again, for the umpteenth year in a row, unofficially officially cancelled. First the headline and story from Yonhap News: N. Korea lifts highest combat alert: Seoul gov’t source SEOUL, May 7 (Yonhap) — North Korea appears to have lifted its highest combat alert issued in March and completely…
by John Galt May 6, 2013 05:00 EDT Is there a relationship between an increase in the manipulation of paper Gold and Silver prices and the sudden appearance of counterfeit coinage on the market? First, let’s review this video from the Hamilton Police Department in Ontario Canada: The CBC broke this story in Canada on April 25, 2013 stating: “You wouldn’t be able to tell the difference (with) the naked eye. The coins are actually very high quality fakes,” Const. Mike La Combe…
by John Galt May 5, 2013 20:00 EDT Tonight, Ambrose Evans-Pritchard penned an article in the UK Telegraph where the German creator of the Euro currency called for the following: German euro founder calls for ‘catastrophic’ currency to be broken up In the article it is stated that: “The economic situation is worsening from month to month, and unemployment has reached a level that puts democratic structures ever more in doubt,” he said. “The Germans have not yet realised that southern Europe, including France,…
by John Galt April 23, 2013 05:40 EDT Unfortunately for the American public, most people do not have the asset of grandmothers or grandfathers who survived the Great Depression of the 1930′s and can remind us of what happened and how the sucker’s recovery had everyone believing things were better when in fact they were not. The mainstream media and socialist education establishment would have the average person believing that in 1935 the economic programs of Franklin Delano Roosevelt created a massive economic recovery…
by John Galt April 22, 2013 05:30 EDT The sad truth about our modern reality is that everything is fixed. Football games? Probably. Elections? Definitely. Judicial trials? If you have the money, no problemo. Stock markets? Seriously, you have to ask? Thus why the Central Banks have declared a currency war to protect their precious post-Bretton Woods period of dominance so they can continue the rape and pillaging of nation after nation in exchange for greater power at the expense of the individual citizen’s…
by John Galt April 21, 2013 10:30 EDT Russia is apparently re-injecting their influence into the Cyprus crisis and with the upcoming vote on the EU/ECB bank heist agreement it is an interesting bit of timing for the Russians to do so. From VOA News: Russia Ties Cyprus Loan Terms to Release of Assets From the story: Russia wants to play a bigger part in talks over solving Cyprus’ financial problems but will only restructure its loan to the island if its interests there,…
by John Galt April 15, 2013 05:50 EDT The bloodbath in precious metals and base metals continues this morning with gold down over $100 per oz. at one point in electronic trading in New York: (charts from FinViz.com) While many crazed souls in the precious metals community will act like a chicken with their head cut off, I simply remind everyone of what gold and silver predicted in the spring of 2008: (charts from StockCharts.com) The chart above demonstrates first a correction which was…
by John Galt April 14, 2013 23:30 EDT Everyone seems to think that Angela Merkel, the current Führer of Germany, is an angelic saint who wishes to retain and improve the European Union and capitalism within the borders of her nation and beyond. Yet nobody wishes to publish, disclose, or review her communist past and work within the Soviet Union’s empire. I first looked at this in September of 2011 where I stated: The Future of the Capitalist World is Controlled by 2 Students…
by John Galt April 14, 2013 23:00 EDT If anyone thinks the world’s central banksters are not aware of the flight to physical precious metals, the following two charts from tonight, one from NetDania and one from Kitco should dispel that myth: Ouch. Double ouch. However for those holding physical gold, not paper, this should be viewed for what it is, a final chance to buy insurance before all hell breaks loose. We are one nuclear missile flying over Tokyo from North Korea or…
by John Galt April 15, 2013 05:00 EDT There is a growing problem as the United States lurches towards its ultimate goal as a good world citizen and participant in the new world order of economic and political unity under a globalist banking system overseen by a select group of unelected political appointees. The problem is almost identical to the growing firearms and ammunition shortage in the U.S. where prices are putting many weapons and types of ammunition, when it can be found, out…
by John Galt April 10, 2013 19:00 EDT There is a lot of speculation, including yours truly, that a WMD attack with swift, shocking results would create the largest dilemma for the United States, Japan, and their allies. Another postulation making the rounds is what if North Korea launched a limited conventional attack on the South then both parties sued for peace leaving the U.S. with egg on its face as China brokers a long term treaty which permanently ends the war between the…
by John Galt April 9, 2013 22:50 EDT The strange world of European Union disunity continues to rear its ugly head and the long but not forgotten nation of Greece appears to be preparing to make a blockbuster claim against the nation of Germany for €162 BILLION in war reparations from Germany for World War I and World War II damages. In an article by Ambrose Evans Pritchard via the UK Telegraph this afternoon he states the following: The document – stamped “Aporito”, or…
by John Galt April 9, 2013 22:30 EDT The Twitter headlines and stories from Yonhap News in South Korea say it best as things continue to heat up and apparently the North Koreans are preparing an IRBM launch along with possibly some shorter range missile launches per Yonhap News: Officials in Seoul say there are possibilities that the North may fire off several missiles from different sites, in case of an unsuccessful launch of the Musudan missile, which has never been tested before.…
by John Galt April 9, 2013 20:10 EDT As if North Korea does not have our eyes fixated waiting for an IRBM launch to occur any minute now, Bill Gertz in the Washington Free Beacon drops this bombshell: Chinese colonel says latest bird flu virus is U.S. biological weapon What makes the story interesting is where it was revealed (from the story linked above): A Chinese Air Force officer on Saturday accused the U.S. government of creating the new strain of bird flu now…
by John Galt April 9, 2013 19:10 EDT Head up with this Tweet via Nathan J Hunt in the region: Gregor Peter @L0gg0l 8m U.S-South Korean command moved to WATCHCON 2 which ‘is in effect amidst indications of a vital threat.’ Next level would be war Retweeted by Nathan J Hunt This means all forces are now on a trigger finger and things will begin to get somewhat quieter on the US military front as far as dissemination of news. However elevated levels…
by John Galt April 8, 2013 2100 EDT Initially when the current crisis between the United States and North Korea accelerated I dismissed the possibility of a North Korean attack on the United States with nuclear weapons as a remote fantasy due to the crude status of their ICBM technology. From that perspective I was correct and hopefully I did not confer a false sense of security to anyone in the United States about the danger from the little nut job north of the…
by John Galt April 3, 2013 21:00 EDT Just wow. I feel bad for the people of South Korea and hope that all the North is doing is a game of bluster for further negotiations but many experts do not think so. Thus why the South Korean stock market remains under pressure again tonight: Get ready for more heavy selling if there is any indication of military activity by the North….
by John Galt April 3, 2013 16:01 EDT N. Korea approves nuclear strike on US (ITV) 4 pm ET – SEOUL — The North Korean army said Thursday it had final approval to launch “merciless” military strikes on the United States, involving the possible use of “cutting-edge” nuclear weapons. In a statement published by the official KCNA news agency, the General Staff of the Korean People’s Army (KPA) said it was formally informing Washington that reckless US threats would be “smashed by… cutting-edge…
by John Galt April 3, 2013 05:30 EDT While we were napping overnight: From Yonhap News: Defense ministry considers military options for workers at Kaesong industrial zone By Kim Eun-jung SEOUL, April 3 (Yonhap) — Seoul’s defense chief said Wednesday the military is considering all available options, including possible military action, to ensure the safety of the hundreds of South Koreans who remain in the North’s border town of Kaesong after the communist state cut off access to a joint industrial complex there. Early…
by John Galt April 2, 2013 21:20 EDT Special thanks to ‘Diamonds’ at Timebomb2000.com for this heads up…. It just keeps getting hotter by the minute gang; from the website Interacksyon in the Philippines: Philippines puts C-130 planes on standby for possible evacuation of OFWs in South Korea By: Abigail C. Kwok, InterAksyon.com April 2, 2013 3:07 PM One of two C-130 cargo planes placed on standby by the Philippine Air Force. (AFP file photo) The Philippine Air Force has placed on standby two…
by John Galt April 2, 2013 20:30 ET Breaking on Yonhap News via South Korea: UPDATED FROM THE Bangkok Post about 5 minutes ago (2050 EDT): NKorea delays SKorea entry to Kaesong industrial park North Korea on Wednesday delayed the entry of South Koreans to a joint industrial complex in a rare move amid high tensions on the Korean peninsula, the South’s Unification Ministry said. Vehicles line up at a South Korean military check point on the road to the Kaesong Industrial complex…
by John Galt April 2, 2013 05:00 ET At this moment, imagine the reality of the world we live in and not the dictates of the psycho-babble globalist controlled mainstream media. The Chinese Communist Party is in disarray as a new leadership is ushered into power with strong influence from the People’s Liberation Army who wishes to exert its power over East Asia and permanently eradicate the dominance and necessity of dealings with the United States. In North Korea the new leadership is…
by John Galt March 31, 2013 13:535 ET No further comment is necessary. From Zillow.com: Just wow. I’ll bet the NAR calls this “bullish.”
by John Galt March 28, 2013 21:30 ET Ah, the good old days. Spain can’t meet it’s goals and needs a break from the European Union. Italy can’t form a government again (again, again, again, etc…). Ireland got drunk and forgot to make a bond payment. Greece well, is Greece. And good old Portugal can’t meet the commitments they made to the IMF, EU, and European Central Bank about their deficit spending. Wait a minute, that’s exactly what El Pais reported this afternoon:…
by John Galt March 27, 2013 22:30 ET Bloomberg started the Slovenia hit parade not even within a day of the “resolution” to the Cyprus crisis with this article: Slovenia’s New Cabinet Under Pressure to Avoid Cyprus Fate How bad is it? Their banks need upwards of €3 billion plus with an immediate need for liquidity for their banking system of €1 billion. Of course the European Union doesn’t realize that the more matches they flick on the Balkan powder keg, the more likely…
by John Galt March 27, 2013 21:15 ET In this interview with Marc Faber on Bloomberg Surveillance this morning, the most dangerous point that I’ve ever heard him make about the upcoming systemic crisis (my words, not his) where he states that “even in gold it will be difficult to hide.” I point to this chart from 2008 to highlight this point: The gold chart from 2008 illustrates a demonstrative “death cross” as circled on the chart. In 2012 to today however,…
by John Galt March 26, 2013 20:45 ET If anyone is under the delusion that the seizure of individual and business accounts from the banks of collapsed nation is where the evil and corruption will stop, here’s a shock for the readers courtesy of the Cyprus Mail: Church says it will lose €100m This so-called “bail-in” designed only to protect the hedge funds of the European and British money center banks scalped the one entity which could help the poor during the nations transition…
Recent Comments