by Mac Slavo | Sep 21, 2009 | Headline News
In today’s green shoots we’ll direct you over to the Market Ticker, where Karl Denninger discusses Corruption: Government Housing Programs. The current FHA report is now out for servicing delinquencies and defaults, and as expected it is indeed worse, not...
by Mac Slavo | Sep 19, 2009 | Headline News, Precious Metals
For the third or fourth time in the last couple of years, the International Montery Fund has indicated that it will begin selling up to 400 tons of gold. While we’re not sure if the IMF will actually carry through this time, or if they are simply sending out...
by Mac Slavo | Sep 16, 2009 | Headline News
Headline news this morning is Jimmy Carter’s asinine suggestion that Rep. Joe Wilson’s recent comments, and those of many non-supporters, are based in racism and fear of President Obama’s skin color. Is it just me, or is it time for former President...
by Mac Slavo | Sep 16, 2009 | Forecasting, Headline News
If you’ve been doubting that we are still in a crisis, and regularly ask yourself how stock markets can go up while the economy is supposedly falling off a cliff, then I suggest you take a look at WARNING: Deflationary Collapse Ahead, by Karl Denninger, over at...
by Mac Slavo | Sep 14, 2009 | Emergency Preparedness, Headline News, Karl Denninger
In But I Thought It Was Just A “Panic” Karl Denninger discusses how the lies, temporary fixes and fiscal misconduct of our government and the Fed will eventually cause a complete breakdown of the financial system as we know it (emphasis mine): How long...
by Mac Slavo | Sep 11, 2009 | Headline News
We have seen the biggest stock market rally in history over the last 6 months, all the while, the economic fundamentals continue to fall apart. ZeroHedge.com has a pretty good answer for why it’s happening as discussed in Correlation Of S&P 500 Performance...