Gold is creeping back up again.... -- Sherlock, 10:03:01 05/29/15 Fri 
The PM stocks are starting to draw a little attention after hesitating on gold's three-buck rise. Five bucks helped a little more, but not much. Now it's only four bucks. Volumes are very low. Everyone knows the price is manipulated by the banksters. So why bother when you will more than likely get scalped if you hang on to even meager gains very long. Even Newmont is down a couple of cents. While AUY and GG are UNCH. Pathetic.
Fri, May 29, 2015, 10:00 AM EDT - U.S. Markets close in 6 hrs. U.S.
Crude Oil 58.24 +0.38% Gold 1,192.20 +0.29% EUR/USD 1.0986 +0.25% 10-Yr Bond 2.10 -1.36% Corn 355.50 +0.57% Copper 2.75 -0.51% Silver 16.75 +0.49% Natural Gas 2.67 -1.22% Russell 2000 1,250.70 -0.19% VIX 13.91 +4.51% BATS 1000 23,308.68 -0.21% GBP/USD 1.5283 -0.22% USD/JPY 123.8850 -0.02%
U.S. economy contracts in first quarter; dollar hits corporate profits
The government on Friday slashed its gross domestic product estimate to show it shrinking at a 0.7 percent annual rate instead of the 0.2 percent growth pace it estimated last month. There was also a modest downward revision to consumer spending.
China’s stock rally has created a couple of billionaires a week this year. The worst equities slump in four months hasn’t stopped the momentum.
A total of nine new billionaires emerged this week, including the first Taiwanese tycoon with a fortune exceeding $1 billion. That came even after China’s benchmark Shanghai Composite Index plunged 6.5 percent on Thursday as brokerages tightened lending restrictions. The gauge slid 0.2 percent at the close on Friday. http://finance.yahoo.com/news/chinese-stock-rally-keeps-minting-071738647.html
U.S. GDP turns negative in first quarter, again -- Sherlock, 09:29:10 05/29/15 Fri 
May 29, 2015 8:54 a.m. ET
Economy shrinks 0.7% instead of rising 0.2%, revised data show
WASHINGTON (MarketWatch) — The economy contracted in the first quarter for the second straight year, a disappointing start that could foil the chance of the U.S. reaching 3% growth in 2015 for the first time in a decade.
i don't know how hillary has avoided prison time -- ellix, 08:37:09 05/29/15 Fri 
I believe that this indicates the absolute depths of corruption to which the USA has sunk. Given that she is a dedicated servant of the elite and linked up with all the other influential vermin, she is, apparently, immune to justice unless they find Barbara Olson chained up in her basement.
There is more than a little evidence that the Lewinsky scandal was naught but a convenient diversion (though certainly embarrassing) from the Vince Foster murder-- and murder it was.
deflation....by any other name DEPRESSION -- AZAU, 07:16:43 05/29/15 Fri 
oil price collapse, coal collapse, the global economy is slowly collapsing from corruption, mismanagment, and asymmetric wealth distribution.
These are the prelude to WAR, the last refuge of Scoundrels.
Russia makes a convenient scapegoat...for the failure of crony capitalism-feudalism led by the megabanks.
Greece and several other countries know what is happening, and are leading the "way" out peacefully, if there is such a route. Hope for the Grexit, because the alternative is war to cover the feudal overlords.
paper currencies descending to their innate worth- zero!! -- mugwump, 05:22:55 05/29/15 Fri 
To wit, the Yen has now dangerously broken down, prompting the potential for a Japanese inflationary nightmare (remember, I’ve long predicted Japan would be the first “first world” nation to experience hyperinflation). And with it, dozens of other brands of fiat toilet paper – from the “commodity currency” ilk (like the Loonie, Aussie, and Rand); to those being run into the ground – like the Rupee, just as it’s moronic government asks its gold-loving citizens to “lend” it their gold; those on the verge of national implosion, like Argentina and Brazil; and of course, the world’s second largest currency, whose “beginning of the end” may commence as early as a week from Friday, when a Greek default looks increasingly likely.
However, what amazes me most – even more than the dichotomy of “record high PM demand, but record low sentiment” – are the extent global equity (and of course, sovereign fixed income) bubbles are being blown. Not that I haven’t discussed this ad nauseum – or, for that matter, clarified the impossibility of comparing today to, say, 1999 stocks or 2007 real estate, due to the fact today’s markets are 100% supported by government buying. That said, when the “buyer of last resort” is the government, at some point they’re going to run out of things to buy, or be forced to resort to hyperinflation to keep the game going.
he hidden evidence is coming to the fore. The challenge is to identify which entities are buying USGovt debt in the form of USTreasury Bonds. The USFed is no longer permitted to purchase additional USGovt debt issuances due to its ownership limits, unless it changes the portfolio rules. Or else, the USFed chooses not to add to its $4.5 trillion toxic balance sheet, since wrecked beyond repair. In recent months, six nations have been carrying the load of maintaining USTreasury yields at ZIRP. Those nations are Japan and the BLICS: Belgium, Luxembourg, Ireland, Cayman Islands, and Switzerland.
From June 2011 to January 2015, the USFed has bought $825bn in USTreasurys, while the BLICS have quietly bought $818bn in USTreasurys during the same timespan. These are small nations without huge trade surpluses. The source of data is the Treasury International Capital (TIC) Report provided by the Federal Reserve itself. The only remaining offices for purchasing USTreasury debt securities comes down to just Japan and BLICS nations. The USGovt and USFed have conspired as a Ponzi Scheme, using digital counterfeit to purchase perhaps all net new USTreasury debt since July 2011. QE has been exported in a den of thieves and a nes
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n this case, no one is asking any silver producer to allege wrongdoing in COMEX silver (I can do that by myself). But the situation with the latest COT report is so glaring that no allegation need be made; a simple request to explain how 53 and 61 days of equivalent world production changing hands in one week, the most ever, by two groups of speculators was in keeping with commodity and interstate commerce law. And why COMEX silver has the largest concentrated short position of all commodities, even though its price is down 70% from the peaks of four years ago.
No silver producer needs to allege anything; instead they should merely ask for an explanation to questions they should already be asking themselves. No good answers will be forthcoming from the agency and that’s a big part of why the questions should be asked – because there are no legitimate good answers available. Besides, the reason behind silver producers asking is not what the CFTC would say, but how outside investors might react. This is the key.
We’ve all seen trade disputes and claims involving, for example, the dumping of steel or solar panels. But there’s usually no way an outsider would be able to get involved, except as an observer. Because silver is a potential investment available to all the world’s investors, any public suggestion that its price was artificially depressed could very easily translate into investors purchasing it. Since there is no doubt that investment demand drives the price of silver, it is hard to see how producers asking the primary regulator about the unusual developments on the COMEX could possibly do any harm, but instead much potential good. The whole idea here is to get investors to look at what’s going on in silver and the producers asking about how the price is set could do the trick
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Austria’s central bank plans to repatriate £3.5bn of its gold reserves currently stored in Britain – amounting to 80% of its entire stocks – after auditors warned against the risks of keeping a majority in a foreign country.
The Austrian National Bank will spend the next five years flying gold bars back to Vienna to raise its own stocks to half the total of 280 tonnes.
So, what I saw was a 'power tripper' ....maybe TWO power trippers.... -- Norwester, 23:01:37 05/28/15 Thu 
....in the video from "Man Doesn't Deal With Cops..." earlier in the day.....Look at the big picture as well as the guy's cell phone video.....
The cop is obviously checking the parking lot in front of the hotel/motel, probably because there have been some incidents of car prowling/breakins, etc. and here's a guy sitting in his car, albeit innocently enough eating some food.....The cop handled it all wrong, by not answering the guy's question as to WHY he needed to show his ID....
Had the cop given the guy some reasonable explanation, the rest of the video would likely have never been made...On the other hand, the guy in the car made no effort to really find out WHY he was being 'watched' -- probably a reaction to having been stopped and questioned before, or so we are made to feel....
The whole incident was absurd on both sides of that car window....It was needless had the guy simply given the cop his license in the first place instead of giving him a lot of 'attitude' .....But the cop was out of line in 'harassing' the guy by his childish tap-tap-tapping on the window....Theater of the absurd....
Earl ... nasty outcome ? -- Sherlock, 20:39:32 05/28/15 Thu 
That already happened when the sheeple elected the idiot back in 2008. Sorry, I'm being too flippant again. Too many years of Obama as President will do that to any sane- human being, especially after eight years of Bush, and Clinton.
Well... -- Deepbreather, 20:07:56 05/28/15 Thu 
...both properties closed..cash/30. Land/property has become a major millstone around the effing neck...glad to be out from under it. Fucking taxes have become impossible. I am trying to convince Dani to unload...at least part of it. She is generational wealth and thinks land is the bedrock...it is not...no longer. Unload.
BTW, FWIW, BOPO is fully committed to a PM price spike...very soon. TA nor FA works in PM...perhaps cycles? Feels like voodoo...but who knows.
I really don't care, but would like to see a runaway PM market just for entertainment.
Edit: removed the "s"
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Jim Willie -- Jasper, 19:51:23 05/28/15 Thu 
Hamilton makes several conclusions regarding the massive project over the last few years. It is the USFed's backdoor QE initiative to conceal the QE to Infinity (as Jackass describes it). They use central bank currency swaps principally. He asserts the following. Excellent intrepid work by Chris Hamilton, in his Hambone's Stuff. See Economica (HERE).
1) Fed likely uses off-shore locations to maintain continued USTreasury buying because of limits established by Ownership Limit rules.
2) Fed created currency swaps to provide USDollars to other country's central banks.
3) In December 2007, the Fed's FOMC (Federal Open Market Committee) announced it had authorized temporary Reciprocal Currency Arrangements (central bank liquidity swap lines) with the European Central Bank and the Swiss National Bank to provide USDollars to these central banks.
4) By April 2009 the swap lines were extended to 11 more central banks including the Banks of: England, Japan, Australia, Brazil, Canada, Mexico, South Korea, Sweden, Denmark, Norway, and Singapore.
5) The Fed has maintained that these swaps are not being utilized, in steady lies.
6) In October 2013, the Fed and its recently partnered 13 central banks announced that the existing temporary liquidity swap arrangements had been converted to standing arrangements that will remain in place until further notice. In other words, the temporary currency (liquidity) swap arrangements between central banks became permanent until further notice in October of 2013.
The USFed is using derivatives and formal vehicles to integrate the bond monetization scheme. To be sure, QE is being exported via a global integration process, using several front offices under control. A vast new lattice work is under hidden construction. They involve permanent reciprocal currency arrangments, whereby foreign outpost central banks tap Dollar Swap lines to invest in USTreasurys. Witness emergence of the BLICS (not BRICS) nations, a new proxy entity. QE is being exported. The systemic risk is being spread to secondary nations, whose endorsement might be laced with deep bribery and privilege, if not protection. The credit goes to Chris Hamilton, in his Hambone's Stuff analysis. The Jackass takes no credit, except to stand on a hill and trumpet the QE export claim in global contamination of the monetary system and universal spread of risk. Let us expound upon his work, and provide some details, which include two of his graphics. The data is from public source, namely the TIC Report from the USGovt. The banking leaders who have sacked control of the USGovt have a perverse practice to inform their victims.
Silver Bull Resources - Coral Calcium -- m2trains, 19:47:05 05/28/15 Thu 
I like alot of what I see, so looking into it and learning more. Huge resource, and it sounds like CDE has some interest in it though I do not know to what level. Like you said, it is a zinc stock now, and yes ,we need some darn prices in the underlying in this sector. Tempting at 11 cents when you see where it has been.
San Gold - Mugwump -- CoralCalcium, 19:39:20 05/28/15 Thu 
This was a hot stock flying from pennies to over $4 a share. The Rice Mining District was touted as the highest grade gold in Canada. I'm not sure what the hell happened. Mismanaged I presume with lots and lots of shares being constantly issued. Investing in this sector is like tiptoeing through a mine field.
Relatively positive article posted on Stockhouse. Company has refocused again. Silver Bull Resources will actually be Zinc Bull Resources, since they now have 5 billion pounds of zinc, 3.6% which is described as just "so-so". They do still have 91 million ounces of silver, so that will reduce their per ton costs substantially. They have over $1 million in cash, and they burn around 150K per month, so they won't need to raise cash this year which is good since the stock is sitting at around 11 cents. The problem of course from an investment standpoint is that explorers are totally out of favor. The stock does have an attractive property however and remains a takeover target from a much larger company. Inasmuch as I hate to buy a company on a takeover possibility, I think the overall resource, most of it open pit, makes this an attractive speculative buy here at 11 cents. Of course, like all others, they are dependent on zinc and silver prices making a recovery.
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Accomplishing anything might cut too deeply into his golf time. ...Sherlock -- Earl, 18:52:44 05/28/15 Thu 
That's obviously a bit too flippant. The reality is that
Obama has neither the training nor the fundamental understanding to sense the building animosity
between US bankers/US political class and the rest of the world.
His "on the job training" is likely to lead us all into a
venture with a nasty outcome.
Americans have, so far, been physically untouched by the past
adventures of the banks and bureaucracy. We kill others but
by the rules we have lived by, our adversaries are not allowed to harm us.
I wouldn't give you a pinch of shit for that to continue.
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FED EX -- Permabear1, 18:41:11 05/28/15 Thu 
shipping anthrax. No one in the whole wide world is going to tell me that is a mistake. There is absolutely no excuse for behavior like this absolutely none. ISIS? Muslims? Give me a fricken break! The worlds more dangerous terrorists are in Washington D.C.!
Does Tyler Durden visit this site ? -- Sherlock, 18:30:02 05/28/15 Thu 
Government – Designed for Robbery -- Sherlock, 17:07:30 05/28/15 Thu 
May 28, 2015 | Author Bill Bonner
Why I’m Looking Forward to the Next Big Crash
Corruption: That's What Government Was Designed For
Submitted by Tyler Durden on 05/28/2015 - 17:30
Submitted by Bill Bonner via Bonner & Partners,
Why I’m Looking Forward to the Next Big Crash
Our beef with our own generation is not that it failed, but that it succeeded too well. It took control of government and used it like an ape uses a rock – to crack open a nut. But we’ll come back to that in a minute…
Yesterday, a London-based magazine and a TV station interviewed us. Both asked if we were “pessimistic.” “Of course not,” we replied. “We expect today’s financial system to fall apart in a terrible crash and depression. But we’re looking forward to it.” This was not exactly the answer they were looking for… And there’s not enough time in an interview to explain why this view makes any sense at all. The audience must have thought we had lost our mind.
We also had a meeting with our old friend and editor of the Gloom, Boom & Doom Report Marc Faber yesterday. He helped make sense of our “pessimism.”
More asshole cops hassling blacks or no reason -- Sherlock, 18:04:42 05/28/15 Thu 
A staff attorney from the American Civil Liberties Union Foundation for South California, Adrienna Wong mentioned that Cooks had every right not to tell the police officer in question her name or show him her identification.
“It would be a wrongful arrest, but it would be an arrest,” she noted. “Even if an officer is conducting an investigation, in California, unlike some other states, he can’t just require a person to provide ID for no reason.”
“Officers in California should not be using the obstruction law, Penal Code 148, to arrest someone for failing to provide ID, when they can’t find any other reason to arrest them,” Wong added.
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IMF Gives The Chinese Yuan The Green Light To Become A Reserve Currency - Episode 678 -- Sherlock, 17:49:32 05/28/15 Thu 
X22Report May 27, 2015 40 min.
Rumors that Greece is making a deal turns out to be false. Depositors in Greece remove more money from the banks. Venezuela and Russia make an economic free zone. IMF gives the green light for the Yuan, it is now ready to become a reserve currency. More states join in to stop the President's immigration executive order. Senate unlikely to push for the renewal of the Patriot Act, even though the President is pushing for a renewal. Macedonia ready to join the Turkish-Russian pipeline. By the end of 2015 the US will provide Ukraine with a 3 billion dollar loan guarantee. NATO placing permanent troops and military assets in Eastern Europe. US and coalition forces are preparing an event to take out Assad. http://www.youtube.com/watch?v=c7lv1R9GDAw
Gerald Celente - Trends In The News(5/22/15) -- Sherlock, 17:47:46 05/28/15 Thu 
Published on May 26, 2015 16 min.
"Markets in Japan are at their highest levels in 15 years, Federal Reserve Chair Yellen says “it’ll take several years for rates to normalize” & President Obama doesn't think the US is losing to ISIS".
Barack Obama is the most powerful president in all of U.S. history -- Sherlock, 17:41:34 05/28/15 Thu 
Emergency Powers Give Barack Obama Authority Over Just About Everything During A Major National Crisis
By Michael Snyder, on May 27th, 2015
Presidents have always exercised emergency powers, but now thanks to dozens of new laws, regulations, court decisions and executive orders, Barack Obama is the most powerful president in all of U.S. history. Of course the U.S. Constitution does not actually give the president any special powers during a time of national emergency, but over time presidents have decided that they should be able to exercise such powers and the courts have generally agreed with them. During World War II and prior to that, these emergency powers were largely uncodified and were primarily used during times of war. But since World War II things have completely changed, and this has particularly been true since 9/11. Over the past decade or so, a whole host of extraordinary powers have specifically been given to the office of the president, and all that it takes to exercise them is a major “national emergency”. So if we do have a full-blown economic collapse, a historic natural disaster, a significant war or a massive pandemic, Barack Obama could use the emergency powers that he has been given to essentially take authority over everything. http://theeconomiccollapseblog.com/archives/emergency-powers-give-barack-obama-authority-over-everything-in-the-event-of-a-major-national-crisis
First, the Dow dropped 190 points on Monday – or 1%. It was threatening to close below 18,000 for the first time in almost three weeks. We’ll wait to find out. Yesterday, a London-based magazine and a TV station interviewed us. Both asked if we were “pessimistic.”
“Of course not,” we replied. “We expect today’s financial system to fall apart in a terrible crash and depression. But we’re looking forward to it.”
This was not exactly the answer they were looking for… And there’s not enough time in an interview to explain why this view makes any sense at all. The audience must have thought we had lost our mind.
We also had a meeting with our old friend and editor of the Gloom, Boom & Doom Report Marc Faber yesterday. He helped make sense of our “pessimism.”
“The system is corrupt,” he said. “The government. The banks. The central banks. Big business.”
PM stock Pee-Yew Update ! -- Sherlock, 16:11:57 05/28/15 Thu 
It's a good day anytime the PM stocks beat the gains in the metals. That was easy to do today , as gold and silver didn't do a damn thing, But you got to like it anyway, because it sure beats the usual trip down the stink pit.
The "Revolving Door" Goes Full Retard: SEC Hires Goldmanite Who Previously Worked At The SEC -- Sherlock, 15:50:31 05/28/15 Thu 
Just when you thought the US regulators may have finally become less tone deaf to the shame of the revolving door, especially following last year's latest scandal confirming Goldman runs the New York Fed (and every other central bank), here comes the SEC with an absolute shocker, not only proving once and for all that when it comes to regulatory capture, there is nobody in charge quite like Lloyd Blankfein, but unveiling what may have been the first ever double revolving door in SEC history, after the SEC announced it had hired as its new chief of staff a former Goldman worker who had previously worked at... the SEC. And with that the we have gone not only full circle but full retard as well.
U.S. reaches deals with four more banks under Swiss program -- Sherlock, 15:46:02 05/28/15 Thu 
Thu May 28, 2015 1:21pm EDT
Four more Swiss banks have cut deals with the U.S. Department of Justice to avoid possible prosecution for helping Americans evade taxes, the department said on Thursday.
The banks are Societe Generale Private Banking (Lugano-Svizzera), MediBank AG, LBBW (Schweiz) AG, and Scobag Privatbank AG. The banks agreed to pay penalties ranging from $9,090 to $1.36 million.
Well the lawn is now mowed... -- Sherlock, 14:50:39 05/28/15 Thu 
but as soon as I started the sun came out. Anyway, the PM stocks are looking better than before I left. Except for that big stinker "it's always manana for Yamana, and quite a few of the piglets.
When Chasing The Tape—–Please Mind The Lemmings -- Sherlock, 14:38:21 05/28/15 Thu 
by David Stockman • May 27, 2015
Prior to today’s open MarketWatch provided a reminder that the lemmings are still rampaging in the ca$ino. With respect to Tiffany’s (TIF) pre-market earnings announcement, it telegraphed the reason why TIF soared by 12% or about $1.5 billion during the course of the trading day.
Has its origin in the explosive federal spending following the misnamed war on poverty, closely linked with the closing of the hold window and all the printed money at the disposal of crooked politicians who claimed that they 'were only giving the American people want they want.' Remember that line of bullshit?
It is not the duty of the gov. to give people what they want. It's their job to watch the nation's purse and prioritize projects in such a way that they are affordable and sustainable, not just spend like a drunken sailor and claim it's somehow honorable.
In that, they were heavily encouraged by the central bank and all their minions who used more taxpayer money to set up economic panels, think tanks and even whole colleges just to lend weight to their fairy tales.
No, the American people absolutely deserve what is coming to them.--PB1 -- Pyrite, 11:35:10 05/28/15 Thu 
Y'know, up to exactly RIGHT NOW, I agreed fully with that sentiment.
Now I am taking the position that we do NOT deserve the many helpings of shit that the US govt has placed on our plates.
Henceforth, my (possibly naive and ignorant) self imposed duty shall be to refute that we DESERVE to be shat upon.
The people who absolutely DESERVE whatever hell can be brought down upon them are the sons of bitches who have done the "conning" of the American people.
You all KNOW what should be done. You also all know the ramifications of publishing "what must be done."
This should in no way prevent you from implementing whatever gear jamming activities you can concoct in the privacy of your personal property to bring about some real change.
Use your imagination.
But we do NOT "deserve" this sorry state of affairs.
Thinking in the shower this AM about our newly nurtured antagonism toward the ME and its people.
Yes, they are vicious.
So were the establishers of our republic.
I think of the immaculate indoctrination of our younger folks who have had their money debased and have been led to believe that what has been done TO them is (or was) even remotely for their ...benefit.
Name the benefit to the working folks who really BELIEVE that what they needed was lower prices "to make ends meet."
What a beautiful obfuscation.
We have excoriated EVERY true American patriot who has surfaced in my lifetime.
My kids undoubtedly think that these guys were "nuts."
Tell me the practical benefit of imports.
Tell me the practical benefit of diversity.
Tell me the practical benefit of low interest rates.
Tell me the practical benefit of our international "Peace"keeping.
Tell me the benefit of a higher stock market.
Tell me the benefit of allowing our political parties (assuming you MAY be registered to vote) to nominate such puppets.
Tell me the benefit of armed rebellion.
Oh? You can DO that one?
WE DON'T...DESERVE...THIS SHIT!
IT'S BEEN RAMMED DOWN OUR PLACID AND FRIGHTENED THROATS!
Cloudy 73 degrees down here -- Sherlock, 11:03:26 05/28/15 Thu 
It reminds me of May in Maine. I think I'll take advantage of the chemically induced- cool weather and mow the lawn. See ya'll later !
SoT Ep 31 - Gerald Celente: "To Pee Or Not To Pee"
May 27, 2015 34 minutes
The American man has a right to sit in his car and eat take-out, correct?
A cop recently spotted a guy doing just that in the parking lot of a hotel. Do you have a room here? Which one is it? This could have gone on forever...
If it weren't for this man's cool reserve, he may have caved after the officer knock-knock-knock-knocked on the car window for literal minutes! He tapped in quick succession for what seemed like forever.
As for banks and depositors, Kathimerini reported that according to some sources, as much as €300 million in deposits disappeared from Greek banks on Tuesday alone after FinMin Yanis Varoufakis indicated the government may consider a special levy on ATM withdrawals in an effort to encourage the use of credit cards over cash. Meanwhile, the ECB declined to raise the ELA ceiling for the Greek banking sector citing a “stable” situation.
What all of the above seems to suggest is that Greek officials are now desperately attempting to convince the public that the country, its banks, and its citizens are not hurdling towards the economic abyss with no agreement in sight when in fact, the situation is deteriorating rapidly on the way to an ugly climax on June 5.
That suspicion was confirmed today. As Kathimerini reports, PM Tsipras was advised by his aides to essentially lie in order to halt a terminal bank run. Here’s more
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April's gauge of pending home sales highest in nine years -- Sherlock, 10:26:39 05/28/15 Thu 
May 28, 2015 10:00 a.m. ET WASHINGTON (MarketWatch) -- A gauge of pending home sales increased in April for the fourth consecutive month to reach the highest level in nine years, signaling that upcoming deals could pick up, a trade group said Thursday. The index from the National Association of Realtors reached a seasonally adjusted 112.4 in April, up 3.4% from 108.7 in March and 14% from a year earlier. "Realtors are saying foot traffic remains elevated this spring despite limited - and in some cases severe - inventory shortages in many metro areas," said Lawrence Yun, NAR's chief economist. Economists polled by Dow Jones Newswires had expected April growth of 1%. Pending sales typically close within two months. An index reading of 100 equals the average contract activity level in 2001.
Gold is hopping up and down like a jack rabbit -- Sherlock, 10:25:37 05/28/15 Thu 
Meanwhile, quite a few PM stocks are turning up slightly. Is there still hope ? Or will the summer doldrums take even more wind out of their sails ?
In February of this year—after being bearish on gold prices during 2013 and 2014—I wrote an article discussing three reasons why I believe gold prices will bottom this year, and why I believe gold is a good investment at a level of around $1,200 an ounce, which is close to today’s price.
Since then, I have become even more convinced that gold prices will bottom this year.
Here are three reasons for my bullishness back in February:
Davy Crockett would have won Vietnam -- Pyrite -- Permabear1, 09:50:47 05/28/15 Thu 
Hell, he'da takin er with one arm tied behind his back. Killed him a bear when he was only 3, everyone knows that for gosh sakes!
Thu, May 28, 2015, 9:41AM EDT - US Markets close in 6 hrs and 19 mins U.S.
Crude Oil 57.19 -0.56% Gold 1,187.30 +0.07% EUR/USD 1.0893 -0.07% 10-Yr Bond 2.1350 -0.09% Corn 350.50 +0.29% Copper 2.77 -0.02% Silver 16.69 +0.26% Natural Gas 2.81 -1.48% Russell 2000 1,254.36 +1.26% VIX 13.27 -5.62% BATS 1000 23,360.70 -0.17% GBP/USD 1.5287 -0.42% USD/JPY 124.3015 +0.47%
The tanker market is sending a big warning to oil bulls
OPEC will have almost half a billion barrels of oil in transit to buyers at the start of June, the most this year, while analysts say about 20 million barrels is being stored on ships in another indication the glut has yet to dissipate.
OPEC sees rivals boosting oil output despite weak prices
Sour is the new sweet: OPEC's view of oil quality dilemma
Billionaires Seeing Gold in Their Top Mining Stocks -- Sherlock, 09:38:31 05/28/15 Thu 
By USMAN RAFI in Hedge Funds, News
Published: May 28, 2015 at 9:35 am
A downturn in the resources industry has made the current economic climate particularly hard for mining companies. However, owing to their prevalent low valuations, this might be the ideal time to add some of these companies to your portfolio. With this in mind we decided to look at how some of the 62 billionaires that we track have positioned their portfolios to take advantage of this situation. Mining companies that have seen the most billionaire investment flowing into them based on the latest round of 13F filings include Chevron Corporation (NYSE:CVX), Barrick Gold Corporation (USA) (NYSE:ABX), and Newmont Mining Corp (NYSE:NEM), which we’ll look at in this article.
Exclusive: Russia masses heavy firepower on border with Ukraine - witness -- Sherlock, 09:35:19 05/28/15 Thu 
KHUTOR CHKALOVA, RUSSIA | BY MARIA TSVETKOVA
Russia's army is massing troops and hundreds of pieces of weaponry including mobile rocket launchers, tanks and artillery at a makeshift base near the border with Ukraine, a Reuters reporter saw this week.
Many of the vehicles have number plates and identifying marks removed while many of the servicemen had taken insignia off their fatigues. As such, they match the appearance of some of the forces spotted in eastern Ukraine, which Kiev and its Western allies allege are covert Russian detachments.
Rand is correct -- morbius, 04:52:00 -- Permabear1, 09:31:51 05/28/15 Thu 
Rand is telling the truth and just like Jack Nicholson said in 'A few good men' a majority of Americans can not handle the truth. This inability to handle truth when it challenges strong held beliefs is not limited to conservatives but covers the entire left wing spectrum who probably even suffer more from the belief in illusions and fantasy.
Hell, we have an entire generation of age raised on Snow White and Davy Crockett with 18 years of indoctrination in the public school system so none of this should be much of a surprise. To project possibilities and likelihoods of events behind the scenes takes some intellectual imagination which most Americans lack.
Millions still imagine Saddam Hussein was behind the 911 attacks and the knowledge that Saddam was once an ally and CIA asset who has been pictured shaking hands with Rumsfeld is a knowledge world they have never looked into and if they were even challenged with such information would more than likely wave their hand away and make a stupid ass comment like 'oh that's just some conspiracy theory'
Phony Gulf of Tonkin incident for triggering Vietnam? No knowledge, off the radar screen. No, the American people absolutely deserve what is coming to them.
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The euro leapt, Greek bond yields fell, global financial markets brightened, but nothing actually changed in another day of conflicting statements on Greece's long-running debt talks with international creditors.
Traders latched on to an upbeat statement issued by a Greek government official on Wednesday afternoon asserting that negotiators were starting to draft a "staff level agreement" - a prerequisite for releasing any more bailout funds.
The snag was that talks had not even resumed at that point due to a Belgian air traffic control breakdown that forced the Greek delegation's plane to land in Duesseldorf, Germany.
When the meeting with representatives of the International Monetary Fund, European Central Bank and European Commission finally began several hours late, there was no start on drafting a deal because too much remains to be agreed, EU officials said.
Futures shrug off claims; Greece, Shanghai keep Street on edge -- Sherlock, 09:17:29 05/28/15 Thu 
Futures shrug off claims; Greece, Shanghai keep Street on edge
Katy Barnato | @KatyBarnato
45 Mins Ago
U.S. stock index futures traded lower on Thursday, as hopes faded that a rescue-for-reforms deal for crisis-struck Greece was nearing.
In China, stocks plunged 6.5 percent on Thursday, with traders citing the tightening of marginal lending rules as an explanation.
European and U.S. stocks rallied on Wednesday, with the Nasdaq setting a new record high, after Greece said it had stated crafting a "staff level agreement" with its international bailout supervisors.
However, European officials rebuked the claims on Thursday, saying there was some way to go before any agreement could be drawn up and that they were surprised by the upbeat sentiment from Greece.
The Greek government's spokesman still said a deal should be reached by Sunday, Reuters reported.
You can't layoff someone that you didn't hire -- Sherlock, 09:14:24 05/28/15 Thu 
Layoffs are rare, jobless claims data suggest
Published: May 28, 2015 8:58 a.m. ET
WASHINGTON (MarketWatch) — More Americans sought unemployment benefits in late May, but the vast majority of employees are secure in their jobs as the U.S. recovery prepares to enter its seventh year.
Initial jobless claims in the week from May 17 to May 23 rose by 7,000 to a seasonally adjusted 282,000, the Labor Department said Thursday. Although that’s the highest level in five weeks, new claims are still near a 15-year low.
The average of new claims over the past month increased by 5,000 to 271,500, bouncing off a 15-year low. The four-week average smooths out sharp fluctuations in the more volatile weekly report and is seen as a more accurate predictor of labor-market trends.
Traders pile in at the close -- Sherlock, 09:11:09 05/28/15 Thu 
May 28, 2015 9:05 a.m. ET The middle of the day has become awfully quiet on the U.S. stock market, as index funds and computer models push the action toward the end of the trading day.
Across Wall Street, less trading is taking place at 3 p.m. or, in fact, most any time but the opening minutes and the final half hour.
The rising use of index funds, which generally prefer to trade at the close, is contributing to the shift. So are the scores of computer models sniffing out the best times to trade, when they have the greatest chance of matching up without driving the price higher or lower.
With the trend has come concerns about liquidity in the multitrillion-dollar U.S. stock market.
Same old story...Gold attempts to break...Banksters break it down -- Sherlock, 09:07:18 05/28/15 Thu 
Gold attempts to break 4-day losing streak
Published: May 28, 2015 8:47 a.m. ET
Gold futures edged higher Thursday in an attempt to break a four-day losing streak, although the dollar remained likely to continue setting the tone.
“For the coming months, we anticipate price weakness in precious metals. This is mainly because we expect a higher U.S. dollar and higher U.S. interest rate expectations to lead to further investor position liquidation,” wrote Georgette Boele, strategist at ABN Amro, in a note. “We also remain negative on gold for 2016 for the same reasons.”
Boele said that while dollar action has been calling the tune, a strong trend has yet to emerge.
“Every time gold prices pop up above $1,200 per ounce, gold bulls expect a start of a new uptrend, while gold bears expect a restart of the downtrend when they see $1,180 per ounce,” she said.
The EPA wants your ditch ? Ha ! What a joke ! -- Sherlock, 09:02:58 05/28/15 Thu 
But apparently they're fine with dumping chemtrails over the entire country, not just into waterways. This is just another government power grab.
The Push For Legal Action To Expose Climate Engineering
May 27, 2015 Dane Wigington
A battle cannot be successfully fought without an army of committed and qualified individuals that are working together. Such a movement is only possible when a critical mass of awareness is achieved. After many years of struggling to raise this awareness, the anti-geoengineering movement has now reached a level of awakening that has brought legal experts and other essential professionals into the fight on our side. Climate engineering is rapidly tearing apart the planet's life support systems and contaminating the entire biosphere. It is imperative that we expose and halt the climate engineering programs as fast as possible or we will soon have nothing left to salvage of our health or our once thriving planet. The conference call recorded below had nearly 300 participants and listeners at peak. Among the participants and listeners were attorneys and judges from multiple states, former government biologists, and the CEO of a major global environmental consulting firm
morbius ....glass fuses.... -- AZAU, 06:58:26 05/28/15 Thu 
see the littlefuse website, where they explain the ratings and what you can expect. It's really about the type of metal and its temperature (resistance)....which tends to be dominated by the I^2R law; the website gives you other parameters to consider in the temperature, and "time to blow" factors.
Earl - por favour -- morbius, 04:56:49 05/28/15 Thu 
I have one of those little tubular glass fuses with metal caps at both ends. There is a tiny wire inside - looks like a hair. This fuse is rated at 3 amps @ 250 v. That's 750 watts, right? Is it possible for that tiny wire to handle that current - also does the voltage make a difference? Will it handle 3 amps at 12 v ?
mugwump - It's pretty obvious that Rand is correct -- morbius, 04:52:00 05/28/15 Thu 
Note that he didn't say the neocons created ISIS deliberately (although I wouldn't rule that out - Internet beheadings play great to war hysteria). There is no doubt that the destruction of Iraq and Libya and aid to the 'rebels' in Syria contributed to the rise of ISIS, nevermind all the arms we left laying around there. Hilary and the neocons own this debacle. Of course no one has ever been elected POTUS by telling the truth.
A 6 Sigma event? Triplets headed for MIT ..... good on them! -- Earl, 22:20:22 05/27/15 Wed 
Triplets celebrate after ALL are accepted to prestigious MIT to follow in the footsteps of their grandfather
Fraternal triplets Claire, Christopher and Edward Goul, 18, will all be attending the Massachusetts Institute of Technology (MIT) in the fall
MIT has just an 8 per cent acceptance rate and a freshman class of 1, 467
Claire hopes to study biology, Edward wants to do both math and physics, and Christopher wants to go into electrical engineering.
The triplets' grandfather taught math at the school in the 1950's
MIT Dean of Admissions Stuart Schmill says this is not the first set of triplets attending the school, but it is rare.
Live anthrax shipped across states by accident - Pentagon -- Sherlock, 17:53:44 -- Permabear1, 19:13:15 05/27/15 Wed 
With the safeguards that are in place with testing and retesting Anthrax before any movement of such a bio-hazard is even contemplated, there is a zero percent chance such shipment occurred by accident---ZERO percent.
I. Bill Gates is an optimist.
Ask him, and he'll tell you himself. "I'm very optimistic," he says. See?
And why shouldn't Bill Gates be an optimist? He's one of the richest men in the world. He basically invented the form of personal computing that dominated for decades. He runs a foundation immersed in the world's worst problems — child mortality, malaria, polio — but he can see them getting better. Hell, he can measure them getting better. Child mortality has fallen by half since 1990. To him, optimism is simply realism.
But lately, Gates has been obsessing over a dark question: what's likeliest to kill more than 10 million human beings in the next 20 years?
"Look at the death chart of the 20th century," he says, because he's the kind of guy that looks at death charts. "I think everybody would say there must be a spike for World War I. Sure enough, there it is, like 25 million. And there must be a big spike for World War II, and there it is, it's like 65 million. But then you'll see this other spike that is as large as World War II right after World War I, and most people, would say, 'What was that?'"
Prepare Your Homes And Neighborhoods For The Violence That Is Going To Sweep America -- Sherlock, 17:27:32 05/27/15 Wed 
By Michael Snyder, on May 26th, 2015
The thin veneer of civilization that we all take for granted on a daily basis is beginning to disappear, and a new era of chaos and anarchy is coming to our cities. I don’t know if you have noticed, but violence is increasing on the streets of America. Over Memorial Day weekend, 29 people were shot in Baltimore and 55 people were shot in Chicago. But of course the trend that I am talking about is much broader than that. According to the FBI, the number of police officers “feloniously killed” in the line of duty rose by an astounding 89 percent in 2014. We live at a time when Americans are becoming extremely angry and extremely frustrated, and this is only going to intensify as economic conditions worsen. But already we have seen some of this anger and frustration boil over into violence in Ferguson and in Baltimore. And you know what? The vast majority of Americans expect more of the same in the coming months. According to a Wall Street Journal/NBC News survey that was recently released, 96 percent of all Americans believe that there will be more civil unrest in America this summer. What we have seen up until now is just the warm up act. The main event is still to come.
If things are this bad already, how bad will they be when the next great economic crisis hits this nation and unemployment skyrockets and poverty is everywhere?
Several years ago, Kyle Bass gave the simplest bull case for gold:
"Buying gold is just buying a put against the idiocy of the political cycle. It's That Simple"
And since it is this same political cycle that is doing everything in its power to preserve what little credibility it has, and to avoid its naked idiocy from being revealed for all to see, it has done everything in its power to push the price of gold lower.
However, several entities refuse to be fooled by such "cheap" tricks. One is China, whose ravenous apetite for gold has been extensively discussed previously. The other is the Bank of Russia.
According to central bank data, Russia's gold reserves rose to 40.1 million troy ounces as of May 1 compared with 39.8 million ounces a month earlier. Russia increased its gold holdings for many months in a row last year, as shown by central bank figures and represented in the chart below. http://www.zerohedge.com/news/2015-05-27/why-russia-gold-buying-spree
The War Against Deflation, Gold, Silver And One Of The Most Tragic Images You Will Ever See -- Sherlock, 15:48:30 05/27/15 Wed 
May 27, 2015 As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, discusses the war against deflation, gold, silver, the horrors of war and what he is telling his subscribers to do right now. Included in this piece is one of the most tragic images you will ever see.
Sheesh I post that as a joke & here it is -- APOLLO, 15:37:45 05/27/15 Wed 
The Farce Is Complete: FIFA, Qatar Donated To The Clinton Foundation
Submitted by Tyler Durden on 05/27/2015 14:44 -0400
Earlier today, when commenting on the latest global criminal scandal, that of "rampant corruption" at FIFA, we - jokingly - said: "And now we just sit back and wait to see how many of the defendants sent "donations" to the Clinton Foundation and how many speeches Hillary and/or Bill gave at the Baur au Lac in the past two decades."
Then we decided to make sure the joke wouldn't be on us and that FIFA hadn't indeed donated to the Clinton foundation.
The joke was on us... because not only did FIFA donate to the Clinton Foundation...
What do ya think - Clintons??? -- APOLLO, 15:32:02 05/27/15 Wed 
In the news
US indicts world soccer officials in alleged $150 million FIFA bribery scandal
Washington Postý - 3 hours ago
Officials were arrested in Switzerland, which is also probing corruption in award of World Cup to Qatar and Russia. ... For years, a shadow has hung over international soccer.
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@like a fool I bought PM stocks this morning. 65% exposure. -- APOLLO, 15:30:43 05/27/15 Wed 
Interesting timing - PM Stocks struggling this week & we stare @ the pre-UE Report sell-off next week & seasonals are down from here to July 1.
The incredible story of the USS Libert -- Sherlock, 13:41:28 05/27/15 Wed 
Published on May 22, 2015
Stew talks with Phil Tourney about the incredible story of the USS Liberty. This story has been completely hidden in the history books! Once you learn the truth, you'll NEVER trust the Fake News for anything besides the stupid sports scores that don't matter. Our government is completely run by traitors! Please SHARE this interview everywhere so the world knows how evil tried to sink USS Liberty and kill all those aboard her. http://www.youtube.com/watch?v=UVh2TZuVTXw
I’m hearing a lot of smart people use “the four most dangerous words in investing” these days -- Sherlock, 13:31:49 05/27/15 Wed 
Mar 23, 2015 at 12:48 PM
JESSE FELDER'S TUMBLR
Let me begin this post by saying that the three sources I quote here are among the handful of voices on social media and the financial blogosphere I respect most. This is also why I’m especially concerned about this new trend.
What worries me is that I’m now hearing the “four most dangerous words in investing” from some of the smartest guys in the game. Each of the arguments I’m going to look at represent some version of “it’s different this time” in relation to overall stock market valuation.
I’ve made the case for months now that stocks are extremely overvalued. In fact, I believe there is a very good case to be made that while we may not have another full-fledged tech bubble on our hands, the broader stock market is just as overvalued today as it was fifteen years ago, at the peak of the internet bubble. http://jessefelder.tumblr.com/post/114428197855/im-hearing-a-lot-of-smart-people-use-the-four
With all the snakes we have crawling around in the cellars of our government, if we can't get the ones right in our face every day with gobs of cash falling out of their pockets and flat-out lies right to our face, we have no chance!
They are like a Medusa, with tangles of snake heads everywhere, and you have to relentlessly chop, chop, chop until you get every head. Let up a moment too soon and they bite from behind once again, gaining new life and cash as they go.
Let's get at least this one kill for the Scarred Strangled Banner!
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Fiorina: Hillary Should Look At Her Own Office Before Preaching On Equal Pay For Women -- Sherlock, 13:21:32 05/27/15 Wed 
ANDREA MITCHELL: What about the issue of Hillary Clinton saying she represents everyday Americans? Here she’s talking about equal pay. Do you support equal pay for women? CARLY FIORINA: Of course I support equal pay for equal work, and that’s why in 1963 when a law was passed guaranteeing that if a woman is discriminated against in the workforce purely because of her gender, she should take every advantage of the law. But I also know this — a seniority centered system which exists in the federal government that allows a man to watch pornography all day long in the federal government and earn the same pay, pension, and benefits as a woman sitting next to him trying to do a good job, that is not equal pay for equal work. And the seniority system, and the federal government that promotes that seniority system, and the unions as well, they’re not willing to talk about that. So before a federal government or Hillary Clinton — who by her own measures is not paying women equally in her own office, nor is President Obama — before they lecture others, maybe they ought to look into their own offices or look into the seniority system and the federal government.
QE4 just around the corner -- mugwump, 12:07:20 05/27/15 Wed 
Last week’s news that the ECB is expanding QE barely a month after its commencement; and China’s commencement of a QE scheme disguised as a municipal bailout program; demonstrates just how rapidly this “war” is going nuclear. Which is why the Fed’s relentless insistence it is “considering” interest rates increases – despite across-the-board horrific economic data – such as this morning’s declining PMI Service Index, stagnant Richmond Fed Manufacturing Index, and plunging durable goods orders and Dallas Fed Manufacturing Index – is dramatically exacerbating the very dollar strength it so vehemently fears; which, by the way, we equally vehemently warned of four months ago. Mark our words, the “Yellen Reversal” – in which Whirlybird Janet is forced to admit the Fed’s failure by launching QE4 and/or NIRP – is far closer than most can imagine; and when it inevitably arrives, the global political, economic, and social landscape will experience unprecedented levels of destabilizing upheaval. And frankly, the only reason it hasn’t been announced yet is the Fed’s fear of the complete loss of credibility it will likely entail – which is why it works so maniacally to manipulate every financial market and economic data set imaginable.
Which brings me to the question all oppressed truth seekers – and particularly, gold and silver “bugs” – have pondered since TPTB went “all in” on printing money, manipulating markets, and spreading vicious economic and monetary lies in mid-2011. That is, “when will it end?” Or better put, when will the abject misery, torture, and angst of watching financial markets moved violently against their underlying fundamentals; Central bankers lauded for destroying the world; and politicians rewarded for advancing a cancerous status quo, where the vast majority of their constituents’ lives are destroyed; end? Much less, the aforementioned, hideously deteriorating social landscape – and demoralization of the masses?
In the case of gold and silver, the answer is far simpler – as inexorably, the balance between physical supply and demand will tighten until either a 2008-like shortage occurs; prices explode; or both. Sooner or later, the dichotomy between “record high PM
I admit it -- Permabear1 -- Gspot, 11:08:53 05/27/15 Wed 
I think you'll be okay with this trade. But I remember quite some time ago I read an article that described the frequency of 3 gaps down. I just can't remember the author or if the article was referring to the POG or the XAU.
Anyway this move down has had two gaps. I'm waiting for a third before I add to my share position.
PB on admission of buying -- Miro, 10:39:47 -- Permabear1, 11:00:07 05/27/15 Wed 
I can't find any fault in caution with these PM markets. The only thing consistent about them is that they prove themselves treacherous.
I have been doing some hit and run trading which often does not last for a few days to maybe a week. I am limited by not being to trade in and out on the same day so that has added to my caution.
Stocks rally on reports of Greek 'staff level accord'
Katy Barnato | @KatyBarnato
European stocks are rallying on reports that Greece has started crafting a "staff level accord" with its international bailout supervisors.
The Athens Composite traded 3.5 percent higher, while the pan-European FTSEurofirst 300 was up 1.1 percent. The euro also spiked on the news.
Bloomberg and Reuters reported that Greece and its bailout supervisors have started working on an "accord," citing an unidentified official. This comes after months of battling between Greece far-left government and officials over an aid-for reforms deal.
According to Reuters, the unnamed official said that differences between the European Union and the International Monetary Fund were holding up a deal.
"The deadline we know is fast approaching and the assumption will be another can kick deal," said Peter Boockvar, chief market analyst at The Lindsey Group, in an email sent on Wednesday.
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Leave it to Bernie -- Sherlock, 09:39:51 05/27/15 Wed 
Sunday, 24 May 2015 02:30
Bernie Sanders Exposes 18 CEOs who took Trillions in Bailouts, Evaded Taxes and Outsourced Jobs
Written by Jason Easley | PoliticusUSA
Sen. Bernie Sanders fired back at 80 CEOs who wrote a letter lecturing America about deficit reduction by released a report detailing how 18 of these CEOs have wrecked the economy by evading taxes and outsourcing jobs. 80 CEO’s raised the ire of Sen. Sanders by publishing a letter in the Wall Street Journal urging America to act on the deficit, and reform Medicare and Medicaid.
Sen. Sanders responded to the lecture from America’s CEO’s by releasing a report that detailed how 18 of them have helped blow up the deficit and wreck the economy by outsourcing jobs and evading US taxes.
There really is no shame. The Wall Street leaders whose recklessness and illegal behavior caused this terrible recession are now lecturing the American people on the need for courage to deal with the nation’s finances and deficit crisis. Before telling us why we should cut Social Security, Medicare and other vitally important programs, these CEOs might want to take a hard look at their responsibility for causing the deficit and this terrible recession.
Our Wall Street friends might also want to show some courage of their own by suggesting that the wealthiest people in this country, like them, start paying their fair share of taxes. They might work to end the outrageous corporate loopholes, tax havens and outsourcing provisions that their lobbyists have littered throughout the tax code – contributing greatly to our deficit.
Many of the CEO’s who signed the deficit-reduction letter run corporations that evaded at least $34.5 billion in taxes by setting up more than 600 subsidiaries in the Cayman Islands and other offshore tax havens since 2008. As a result, at least a dozen of the companies avoided paying any federal income taxes in recent years, and even received more than $6.4 billion in tax refunds from the IRS since 2008.
Several of the companies received a total taxpayer bailout of more than $2.5 trillion from the Federal Reserve and the Treasury Department.
Many of the companies also have outsourced hundreds of thousands of American jobs to China and other low wage countries, forcing their workers to receive unemployment insurance and other federal benefits. In other words, these are some of the same people who have significantly caused the deficit to explode over the last four years.
Here are the 18 CEO’s Sanders labeled job destroyers in his report. (All data from Top Corporate Dodgers report.)
Addison Mitchell “Mitch” McConnell, Jr. is a treasonous United States Senator from Kentucky. As a senior member of the Republican Party, he has been the Majority Leader of the Senate since January 3, 2015.
Along with his treasonous acts, Senator Mitch McConnell voted for the following:
My distrust has deepened of Seymour Hersh’s retelling of the Obama regime’s extra-judicial murder of Osama bin Laden by operating illegally inside a sovereign country. http://www.paulcraigroberts.org/2015/05/11/seymour-hersh-succumbs-disinformation-paul-craig-roberts/ That Hersh’s story, which is of very little inherent interest, received such a large amount of attention, is almost proof of orchestration in order to substantiate the Obama regime’s claim to have killed a person who had been dead for a decade.
Americans are gullible, and thought does not come easily to them, but if they try hard enough they must wonder why it would be necessary for the government to concoct a totally false account of the deed if Washington kills an alleged terrorist. Why not just give the true story? Why does the true story have to come out years later from anonymous sources leaked to Hersh?
I can tell you for a fact that if SEALs had encountered bin Laden in Abbottabad, they would have used stun grenades and tear gas to take him alive. Bin Laden would have been paraded before the media, and a jubilant White House would have had a much photographed celebration pinning medals on the SEALs who captured him.
Instead, we have a murder without a body, which under law classifies as no murder, and a story that was changed several times by the White House itself within 48 hours of the alleged raid and has now been rewritten again by disinformation planted on Hersh.
Published: May 27, 2015 9:23 a.m. ET
The Federal Reserve’s top two leaders -- Chairwoman Janet Yellen and Vice Chairman Stanley Fischer -- have spoken extensively in the past few days about the outlook for the economy and monetary policy. Here is a quick summation of what we have learned:
They are worried about the global economy: Yellen in her comments in Rhode Island last week said, “growth in many other parts of the global economy, including China and some other emerging market economies, has slowed. Weak growth abroad, together with its accompanying implications for exchange rates, has dented U.S. exports and weighed on our economy.” She expects the headwind to abate, but Fischer, in his comments in Tel Aviv, Israel acknowledged slow global growth could have implications for U.S. monetary policy. “If foreign growth is weaker than anticipated, the consequences for the U.S. economy could lead the Fed to remove accommodation more slowly than otherwise,” he said.
Richard Lugar and Edward Montgomery gave us the “Bipartisan Index” (Opinion Exchange, May 20) to measure bipartisanship of senators and representatives. Then, a May 23 letter writer assured us the “index” is unnecessary, since conservatives are the sole cause of polarization and dysfunction.
I’d like to look at this in a different way. Polarization implies changing opinions. I constructed a comparison of the world of my 20s and 30s with today, as I “linger” in my 60s. Following are some issues that conservatives and liberals argue about:
• Definition of marriage
• Abortion policies
• Voter ID requirements
• Border security enforcement
• Balanced budget
• Expressions of American pride
• Government controlling health care
• Energy independence relying on fossil fuels
• Firearm ownership
• Definition of equality
• Government’s role in our lives
• U.S. world leadership
Regarding these issues, I believe positions now held by conservatives would be very much the mainstream or moderate, even majority, opinions of a generation ago. Yet, liberals accuse conservatives of “moving radically right.”
We’ve had real cultural changes that have led to different perspectives on old issues, and some very new issues. Change isn’t bad! Sometimes, even I think conservatives should set aside a traditional belief. When they don’t, do I have the right to accuse them of “making a hate-filled movement to the radical right”? No! Because for the most part, they haven’t changed! In fact, I think it’s the liberals who have changed their opinions the most — thus creating polarization!
AMEN! It is about time someone called the left on their pushy agenda.
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No shit gold man -- Sherlock, 09:21:26 05/27/15 Wed 
GOLDMAN: 'There is too much debt'
SZU PING CHAN, THE TELEGRAPH
MAY 26, 2015, 8:48 PM 11,227 The world is sinking under too much debt and an ageing global population means countries' debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned.
Andrew Wilson, head of Europe, Middle East and Africa (EMEA), said growing debt piles around the world posed one of the biggest threats to the global economy.
"There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this," he said.
gold miners - is it time? -- CoralCalcium, 08:29:05 05/27/15 Wed 
I see that article is from May 2013. Ya think it's time? Very short term - clearly NO. After that? I remain hopeful, but hope doesn't pay the bills.