Category Archives: Financial

Greg Hunter Interviews David Morgan ~ A Run To Silver And Gold Unlike Anything In History Of Mankind [Video]

Silver guru, David Morgan, says forget about the manipulated price suppression of the yellow and white metals.  It’s only a matter of time before the debt and derivative markets crash, catapulting precious metals prices exponentially higher.  Morgan explains, “The bigger problem all exists in the debt markets, and the debt markets is where the problem is really.  When that problem blows up, there’s going to be a run to gold unlike anything in the history of mankind. . . .

The spillover into silver will be phenomenal, as well, because once it (debt markets) starts down, everyone that understands what’s going on, which will be very few, will be running to gold.  They will try to get gold in any form that they can, and again, a huge spillover into the silver market.  All of a sudden, even at the retail level, and at the wholesale level or commercial level, or the futures market or bar level—it’s over.  A big ETF type or silver holding company will call up and say I want to buy $50 million of silver, or $150 million or $200 million, which is peanuts compared to the bond market. . . . The answer is going to be ‘we don’t have it.’  When that happens, it’s over.” Continue reading

Michael Lombardi, MBA ~ About That 500% Jump in Interest Rates…

“When you have a central bank telling us (repeatedly) that interest rates are going to rise aggressively over the next three years and the stock market rallies, it just spells trouble ahead.” – M Lombardi

InterestRateRiseThe verdict is in…

Last week, at the end of its regularly scheduled meeting, the Federal Reserve said:

1) It would continue to reduce the amount of money it creates each month. The Fed said it will be out of the money printing business by the end of this year. By that time, the Federal Reserve will have created more than $4.0 trillion new American dollars (out of thin air).

2) And when the Treasuries and mortgage-backed securities the Fed has bought mature, they will roll them over—which means they will just continue collecting interest on the securities they bought as opposed to taking the cash when they mature. (Source: “Press Release,” Federal Reserve, September 17, 2014.) I doubt the Fed has any choice on this. If the Fed doesn’t roll over the Treasuries it has bought, who would buy them when they hit the market?

The Federal Reserve also provided its economic projection on where it expects the federal funds rate, the key U.S. interest rate, to be down the road:

1) The central bank believes the U.S. economy will grow between two percent and 2.2% in 2014, then grow in the range of 2.6% to three percent in 2015. From there, it goes downhill. In 2016, the Federal Reserve projects more of the same—U.S. economic growth of between 2.6% and 2.9%. In 2017, the U.S. growth rate is projected to be sluggish and in the range of 2.3% to 2.5%. (Source: “Economic Projections,” Federal Reserve, September 17, 2014.) Hence, we are looking at four more years of slow growth.

2) A majority of the members of the Federal Open Market Committee (FOMC) believe the federal funds rate should move into the one percent to two percent range in 2015 from its current 0.25%. Then in 2016, rates should increase to between two percent and three percent. In 2017, the range would be three percent to four percent. (Source: Ibid.)

If the Federal Reserve goes ahead with this, then by the end of 2015, interest rates would be 500% higher than today. In 2016, they would be 900% higher. By 2017, the interest rates set by the Federal Reserve would be 1,300% higher than the 0.25% they first set back in 2008.

Can this really happen?

Truth be told, the stock market, the bond market, the real estate market, and the U.S. economy won’t be able to handle that big of a move in interest rates.

And the market itself doesn’t believe it’s going to happen. As the Federal Reserve made its forecast of higher interest rates after its FOMC meeting last week, investors drove the Dow Jones Industrial Average to a new high.

These actions point to one of two things: either the market doesn’t believe the Federal Reserve can increase interest rates, or the market has become so speculative, it is just taking any news as good news (which usually happens near a market top).

When you have a central bank telling us (repeatedly) that interest rates are going to rise aggressively over the next three years and the stock market rallies, it just spells trouble ahead.

SF Source ProfitConfidential  Sept 22 2014

Paul Craig Roberts & Dave Kranzler ~ Rigged Gold Price Distorts Perception Of Economic Reality

“American power will have been destroyed by corporate greed and the Fed’s policy of sacrificing the US economy in order to save four or five mega-banks, whose former executives control the Fed, the US Treasury, and the federal financial regulatory agencies.” ~ P C Roberts & D Kranzler

The Federal Reserve and its bullion bank agents (JP Morgan, Scotia, and HSBC) have been using naked short-selling to drive down the price of gold since September 2011. The latest containment effort began in mid-July of this year, after gold had moved higher in price from the beginning of June and was threatening to take out key technical levels, which would have triggered a flood of buying from hedge funds.

The Fed and its agents rig the gold price in the New York Comex futures (paper gold) market. The bullion banks have the ability to print an unlimited supply of gold contracts which are sold in large volumes at times when Comex activity is light.

Generally, on the other side of the trade the buyers of contracts are large hedge funds and other speculators, who use the contracts to speculate on the direction of the gold price. The hedge funds and speculators have no interest in acquiring physical gold and settle their bets in cash, which makes it possible for the bullion banks to sell claims to gold that they cannot back with physical metal. Contracts sold without underlying gold to back them are called “uncovered contracts” or “naked shorts.” It is illegal to engage in naked shorting in the stock and bond markets, but it is permitted in the gold futures market. Continue reading

Michael Snyder ~ Scam Alert: Hospitals All Over America Are Wildly Inflating Medical Bills

“Does anyone out there have any doubt that the system is completely broken?” – M Snyder

Zemanta Related Posts ThumbnailThe next time you visit a hospital, it is your wallet that may end up hurting the most.  All over the United States, it has become common practice for hospitals to wildly inflate medical bills.  For example, it has been reported that some hospitals are charging up to 30 dollars for a single aspirin pill.  And as you will see below, some victims report being billed tens of thousands of dollars for a non-surgical hospital visit that lasts only a few hours.  When something is seriously wrong with us, most of us never stop to ask our health professionals how much it will cost to actually treat us.  In that moment, we are desperate and we just want someone to help us.  Many doctors and hospitals take full advantage of this by billing their “customers” as much as they feel they can possible get away with.  It is a legal scam that is bilking ordinary Americans out of billions of dollars every single year.

Over the weekend, the New York Times reported on one case that is a perfect example of the outrageous medical billing that I am talking about…

Before his three-hour neck surgery for herniated disks in December, Peter Drier, 37, signed a pile of consent forms. A bank technology manager who had researched his insurance coverage, Mr. Drier was prepared when the bills started arriving: $56,000 from Lenox Hill Hospital in Manhattan, $4,300 from the anesthesiologist and even $133,000 from his orthopedist, who he knew would accept a fraction of that fee.

He was blindsided, though, by a bill of about $117,000 from an “assistant surgeon,” a Queens-based neurosurgeon whom Mr. Drier did not recall meeting.

“I thought I understood the risks,” Mr. Drier, who lives in New York City, said later. “But this was just so wrong — I had no choice and no negotiating power.”

The practice known as “drive-by doctoring” has gotten completely and totally out of control.

All over America, doctors are popping into surgeries or are stopping by to talk to another doctor’s patients for a few minutes and are charging thousands of dollars for this “assistance”. Continue reading

Larry Parks Interviews Chris Powell, Secretary/Treasurer Gold Anti-Trust Action Committee, GATA [Video]

Among the aspects discussed are the U.S. government’s having authorized itself to rig all markets secretly, the U.S. government documents recently disclosed showing that central banks are trading secretly in all major U.S. futures markets, the other documents GATA has compiled proving the gold price suppression scheme, why the gold mining industry refuses to do anything about it, why the scheme will keep succeeding until gold investors shun “paper gold,” and the treason of the central bankers in developing countries.

The interview being so comprehensive, it would be an especially good one for gold investors and anti-imperialists to recommend to government officials, financial journalists, and gold and silver company executives.

Larry Parks Interviews Chris Powell, Secretary/Treasurer Gold Anti-Trust Action Committee, GATA from LarryParks on Vimeo.

SF Source RoadToRoota  Sept 22 2014

Dave Kranzler ~ Banksters Gut Silver To Protect Fiat Paper Ponzi [Audio]

It’s the same old song, silver gutted by Bankster cartel paper in order to protect their fiat Dollar Ponzi scheme. Dave Kranzler joins us to discuss what’s next and how low silver could go despite the very real demand for PHYSICAL metals throughout Asia.

Dave’s site: http://investmentresearchdynamics.com/

SF Source SGTreport.com  Sept 21 2014

X22 Report ~ Episode 472 – Sept 20 2014 [Audio]

In this news brief we will discuss the latest news on the economic collapse. We look to see if things are really that different.

The central bank will not stop at just confiscating your wealth they will want your life. They want to enslave the people.

All source links to the report can be found on the x22report.com site.

SF Source X22Report