Valentin KATASONOV | 25.04.2013 | 00:00 There is a sign the world financial system is facing drastic changes, while numerous events related to gold are becoming part of contemporary life. There is a fundamental tendency taking shape against the diverse picture of events – gold gradually returns the status of currency metal. Gold as private [Continue]
Watertown resident took photographs of the dramatic scene unfolding in front of his home in the early hours of Friday Images show Dzhokhar and Tamerlan Tsarnaev taking aim at officers They detonate pressure cooker bomb before Dzhokhar jumps in an SUV As he barrels towards officers, his brother is taken down by police Further images show [Continue]
Published: Friday, 12 Apr 2013 | 3:15 AM ET By: Holly EllyattAssistant News Editor, CNBC.com Siegfried Layda | Photographer’s Choice RF | Getty Images Europe’s finance ministers meeting in Dublin on Friday are facing a renewed crisis on multiple fronts,with a backlash against austerity acting as a gloomy backdrop for negotiations over [Continue]
By Michael, on April 17th, 2013 Is the United States about to experience another major economic downturn? Unfortunately, the pattern that is emerging right now is exactly the kind of pattern that you would expect to see just before a major stock market crash and a deep recession. History tells us that when the price [Continue]
Wednesday, April 17, 2013 15:33 (Before It’s News) US Defense Secretary Chuck Hagel informed congress today he has ordered the deployment of troops to Jordan to prepare for possible military operations in Syria. Hagel stated that 200 troops are to be deployed to Jordan to make preparations to conduct intelligence and to make contingency [Continue]
April 17, 2013 The imperial tree falls not because the challenges are too great but because the core of the tree has been weakened by the gradual loss of surplus, purpose, institutional effectiveness, intellectual vigor and productive investment. Comparing the American Empire with the Roman Empire in its terminal decline is a popular intellectual [Continue]
Submitted by Tyler Durden on 04/15/2013 11:59 -0400 The rapidity of gold’s drop is impressive, concerning, and disorderly. We have seen two other such instances of disorderly ‘hurried’ selling in the last five years. In July 2008, gold quickly dropped 21% – seemingly pre-empting the Lehman debacle and the collapse of the [Continue]
Submitted by Tyler Durden on 04/12/2013 08:28 -0400 The chart below may be the best one-chart summary of all that is wrong with the US financial system. It is a very simple chart – it shows total JPMorgan deposits, loans and the excess difference of deposits over loans. Why is it a good summary? Because as the [Continue]