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Nearly the trifecta as real jobs and durable goods data show U.S. already in recession

It's that time of the month once again when we see the government contradicting itself by manipulating economic data to spin the fact that we are in a recession, but unwilling to admit it.  In two data sets published on July 2 by the Bureau of Labor Statistics (BLS) and in the number of factory orders, the trifecta has been nearly reached showing that the U.S. is no longer in a fed stimulated artificial rec ...

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With Greek default, ECB may invoke ‘Cyprus option’ and induce bank bail-in on depositors

As the final day arrives for Greece to either pay, or default on their IMF obligations, the European Central Bank (ECB) is threatening a two-fold scenario that proves once again that the technocracy that is the European Union is interested only in protecting banks at the expense of the people.  And besides the given option of shutting off liquidity through their Emergency Liquidity Assistance (ELA) to Greek ...

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Market Paradox: Record gold purchases in Europe over weekend see prices climb by only .2%

If there was any debate on whether gold prices are being manipulated, all one has to do is look at Europe over the past 24 hours and you will be completely convinced.  Purchases of gold bullion in Britain, and from dealers all around the world by Greek, German, and other people's residing within the Eurozone, was more than double the historic average in the past few days.  Yet as of the market opens on June ...

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What a novel concept… British legislators call for cancelling Greek debt by confiscating money from banks

As Greece races towards tomorrow's deadline, several legislators within the British government are offering an entirely different solution to the problem.  On June 29, 25 MP's from outside the leading conservative party have suggested that the Eurozone cancel the $380 billion Greece owes the IMF and Troika, and instead have the creditors seize the money from the institutions who actually profited from the G ...

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As Greece is driven into a corner, Tsipris may call for referendum on final EU agreement

With talks during the last real week of negotiations between Greece and the Troika ending in a stalemate, Prime Minister Alexis Tsipris has found himself at a crossroads with no real political or economic solution available outside of default, or full austerity.  And in a response to the EU's demand for a final acceptance or rejection of the ECB's reform requirements that are due by Monday the 29th, the lea ...

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Monday is reckoning day for Greece and the Eurozone

As we head into tomorrow, a day of reckoning may be upon the world's financial system as both Greece and the Troika reach a deadline for coming up with a solution to the Greek debt problem.  And at stake could be much more than just the fate of the Greek people, with a triggering of a derivative death spiral that could make 2008 look like a small drop in the bucket. Bill Holter: Greek Default to Trigger 48- ...

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Continued sanctions against Russia estimated to cost the EU over $100 billion in export revenues

There is an old saying that outrage and activism only last until it begins to effect one's bottom line.  And with the European Union agreeing to extend U.S. led economic sanctions against Russia and the Crimea until January of next year, the question exists on how long Europe can sustain this political stance, especially as their businesses are expected to lose over $100 billion in export revenues because o ...

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On possibly last days in eurozone, Greece to sign pipeline agreement with Russia

The nation of Greece is in total turmoil, with an IMF payment default already under their belt, and massive riots proliferating the country, the last days for the Southern European country in the Eurozone could be close at hand.  Yet even with chaos reigning throughout the region, members of the Greek government are now in St. Petersburg finalizing an agreement that will bring a pipeline into their country, ...

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Texas Gives Wall Street Bankers the Gold Finger

Money Metals Exchange - When Governor Greg Abbott signed House Bill Number 483 in his own hand this past Friday, Texas gave Wall Street a big gold “finger” and will soon bring $1 billion in gold bars back to the Lone Star State. The University of Texas made headlines in 2010 by adding more than $500 million in gold to their endowment. The decision to plough half a billion dollars into gold was only the firs ...

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NASA Says It Is Really About To Happen! The Big Secret They Do NOT Want You To Know! (Video)

VIA| “…we have come to the conclusion that there is more than meets your eye when it comes to who NASA are and what they represent and it is not good. If it is not for good then this means that we could witness in the future a “deja vu” of what happened over 3000 years ago. Where the plans of NASA will lead them into an almighty confrontation with the creator of the universe. “The disclosure on what is real ...

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A Look Inside a Billionaire’s Doomsday Bunker …

This is an inside look of an ultimate billionaire bunker and doomsday escape. Vivos has announced an underground survival complex for the elite. Each unit provides a private 2,500 square foot of floor area, capable of two story improvements for a total of 5,000 square feet of private living quarters. Located in Germany and one of the most fortified, massive, underground survival shelters on Earth. It was or ...

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The real reason for war on cash emerges… last desperate effort for the banks and government to steal it

The most ironic dichotomy in finance today is that even after tens of trillions of dollars were printed and exported by the Federal Reserve into the global economy since both the Credit Crisis of 2008, and the subsequent implementation of Quantitative Easing programs over the past five years, there remains a liquidity crisis around the world that is leading to not only a shortage of cash, but a rare move by ...

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