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Daily Archives: 18/07/2011
7/18 Ambrose Evans Pritchard Column: Portugal Loses Patience with Europe
By John Galt July 18, 2011 And in my opinion, many in the responsible nations of Europe are losing patience with the E.U. also. Check out AEP’s latest at the U.K. Telegraph tonight at this link: Portugal Loses Patience With Europe
7/18 V of Galt: 1600 Reasons to Listen
By John Galt July 18, 2011 Tonight the economy, the world wide insanity, and why this chart bodes for a very dark period hitting our shores for the unprepared. To call into the program dial: (877)213-6404 or (812)307-4363. Just click on the banner below to find the various audio players to listen or to participate in the chat room with like minded Americans.
7/18 1700 EDT Update: Tropical Storm Bret Moving NNE and Strenghtening
By John Galt July 18, 2011 ******* If it moves further out to see with no indication of moving towards the North, coverage will cease at 1700 tomorrow if it is no threat to the U.S. ******* Tropical Storm Bret, Public Advisory 5 1700 EDT: 000 WTNT32 KNHC 182056 TCPAT2 BULLETIN TROPICAL STORM BRET ADVISORY NUMBER 5 NWS NATIONAL HURRICANE CENTER MIAMI FL AL022011 500 PM EDT MON JUL 18 2011 …BRET STRENGTHENS AS IT HEADS AWAY FROM THE BAHAMAS… SUMMARY OF 500 PM EDT…2100…
$1600
By John Galt July 18, 2011 I stay up half the stinking night to post this chart and celebrate and what do the overnight traders do? Wait for Europe to put it over the top. Scumbags. Ah well, it’s here, $1650 is now in play and the Bubblemedia hasn’t grasped that this is NOT a good thing for the economy but an indication that the rest of the world is in the process of abandoning the Euro and US fiat currencies as fast as they…
New Zealand becomes the latest Victim of Transitory Inflation
By John Galt July 18, 2011 The headline from this morning’s New Zealand newspapers like ThePress says it all: Inflation hits 21-year high With a 4.5% inflation rate and a projection that it will go much higher as the nation recovers from those horrific earthquakes earlier this year, it is little wonder that importing inflation from the bankrupt financial systems of the world is the last thing they need as the country rebuilds. This chart created with the official data from the Royal Bank of…
Another AlGore Wannabe: Australia’s Prime Minister Promotes the Enviro-Ponzi
By John Galt July 18, 2011 The Prime Minister of Australia was once a conservative gentleman, who believed in free enterprise, capitalism, and a touch of Euro-Socialism to satisfy the population. Of course as the world economies cratered, so did his popularity and the elections swept into office one Julia Gillard, who apparently is one CFL short from getting 10 watts of brain power out of her empty head. The headline from the Monday July 18th edition of The Australian says it all: Global fears…
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