Interesting article about an accelerating situation. - Mike
The multitudes of people, especially Americans, who view U.S. government activity in a negative light Often make the mistake of attributing all corruption to some covert battle for global oil fields. In fact, the average leftist seems to believe that everything the establishment does somehow revolves around oil. This is a very simplistic and naive view...
Read the rest of the article here
But lay up for yourselves treasures in heaven. - Matthew 6:20 * Be Prepared. - Boy Scouts * Life is about preparation. What we gather, what we cling to and how we go about it is who we are. - Mike
Saturday, June 21, 2014
Wednesday, June 11, 2014
Russia Is Doing It - Russia Is Abandoning The Dollar
Another great story from Michael Snyder. I think we will start seeing the effects of this on our economy by year end. -Mike
The Russians are actually making a move against the petrodollar. It appears that they are quite serious about their de-dollarization strategy. The largest natural gas producer on the planet, Gazprom, has signed agrements with some of their biggest customers to switch payments for natural gas from U.S. dollars to Euros.
Read the rest of the article here
The Russians are actually making a move against the petrodollar. It appears that they are quite serious about their de-dollarization strategy. The largest natural gas producer on the planet, Gazprom, has signed agrements with some of their biggest customers to switch payments for natural gas from U.S. dollars to Euros.
Read the rest of the article here
Friday, May 30, 2014
The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High.
Michael Snyder over at The Economic Collapse offers insightful commentary on the state of the economy with the facts to back it up. The size of this problem is hard to comprehend. - Mike
The global derivatives bubble is now 20 percent bigger than it was just before the last great financial crisis struck in 2008. It is a financial bubble far larger than anything the world has seen, and when it finally bursts it is going to be a complete and utter nightmare for the financial system of the planet.
Continue reading here.
The global derivatives bubble is now 20 percent bigger than it was just before the last great financial crisis struck in 2008. It is a financial bubble far larger than anything the world has seen, and when it finally bursts it is going to be a complete and utter nightmare for the financial system of the planet.
Thursday, May 29, 2014
Dollar Collapse Starts in Late 2014 - Charles Nenner
Renowned Financial analyst Charles Nenner has been studying cycles to predict all major markets for the past three decades. Does all of the global manipulation in the markets make a difference to the timing of the cycles? Nenner says, "It doesn't... all these things have nothing to do with the way the markets behave. They are part of the market behavior." Nenner gives former Fed Head Alan Greenspan as an example. Nenner explains, "Greenspan and his guys were part of the market. So if it would be so that you could manipulate the markets, then we could not predict; and since we predict with much success, then it proves their is no influence whatsoever."
follow the rest of the story here...
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