A Beacon of Liberty
Isolationism and the Strategic Dilemma
Strategic and selective engagement, where the US chooses battles that protect its sovereignty, economic prosperity, and geographic security without being entangled in endless ideological wars.
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Breaking News
The First Secretary of War Loses A War
With the details of the signed Memorandum of Understanding still unclear, it does appear, for all intents and purposes, that the United States has lost the war with Iran. That means Pete Hegseth, the first Secretary of War, has lost a war.
Is The Screwworm A Problem For The Meat Supply?
The New World screwworm has just been confirmed in two more animals in Edwards County, Texas. Could this parasite be a major issue for the meat supply? Already, it’s likely to affect prices as safety protocols are put in place.
The IMFs Warning On Debt Is A “Sobering Reality”
The International Monetary Fund (IMF), a global financial institution and a specialized agency of the United Nations, has warned the world that the debt is reaching unsustainable levels. This is a “sobering reality,” but not too much of a surprise considering the globe’s financial system is built on debt.
The First Secretary of War Loses A War
With the details of the signed Memorandum of Understanding still unclear, it does appear, for all intents and purposes, that the United States has lost the war with Iran. That means Pete Hegseth, the first Secretary of War, has lost a war.
Is The Screwworm A Problem For The Meat Supply?
The New World screwworm has just been confirmed in two more animals in Edwards County, Texas. Could this parasite be a major issue for the meat supply? Already, it’s likely to affect prices as safety protocols are put in place.
Jim Rogers Says Buying China Shares Right Now is Like Jumping In Front of a Moving Bus
The Indiana Jones of Finance, Jim Rogers, gives his thoughts on China, the global economy and what he expects in the future. (Bloomberg July22, 2009)
Marc Faber Suggests a ‘Huge Move Is Coming’ in the Markets
Dr. Marc Faber as a guest host on CNBC July 16, 2009, discusses, among other things, real estate markets in the US and Asia, the US Dollar, short-term financial markets, long-term trends and underlying economic numbers.
Gold Update: Edelson Says Still Bearish Short-Term
Larry Edelson has updated subscribers to his Real Wealth Report about a continued downward short-term trend for gold, as discussed in his July 10th flash alert.
Harry Dent: Sell Signal at S&P 958 on July 21
Harry Dent Jr., of HS Dent Investments, has issued a short-term sell signal for the broad markets in his Forecast Update of July 21, 2009
Marc Faber on Inflation, Deflation, and the Global Economy
Marc Faber on Newsmax.tv provides a detailed look at the inflation and deflation argument, inlcuding government debt, central banking and his outlook for the future.
Marc Faber, Peter Schiff, Jim Rogers – All Wrong On The Economy
Mike Stathis suggests Peter Schiff: Wrong on the Economy, Wrong on Healthcare , and includes Faber, Rogers and ‘other lackeys’ in his assessment.
Exit Strategy for the Coming Bond Collapse
Bonds are collapsing and it is only a matter of time before a complete meltdown occurs. Be on the right side or be destroyed.
It’s the Weekend: Time for Some Yo’ Momma Jokes
Weekend chill out with Yo Momma jokes.
Harry Dent: We are likely approaching a second buy signal in stocks – July 10
Harry Dent, of HS Dent Investments, issued a Forecast Update to subscribers this morning.
Gold to Get Hammered Through July 23rd – Larry Edelson
Larry Edelson, of the Uncommon Wisdom Daily blog, has issued a flash alert to subscribers of his Real Wealth Report indicating that gold support levels are breaking under $920 and we could see a drop to as low as $808.
Denninger on Retail Sales and Unemployment
Karl Denninger of Market Ticker takes a not so green shoots view of the current retail sales and unemployment numbers.
Marc Faber: The Next Big Bubble Is Government Spending
Marc Faber joins the McAlvany Weekly Commentary on July 8, 2009 for discussions about unemployment, deflation, monetization and inflation, and general commentary on global economics and financial markets.
Gerald Celente Trend Alert: Even VP Biden Says the Obama Plan is Doomed
Gerald Celente, editor and publisher of the Trends Journal, alerted subscribers to new developments with the stimulus plan, bailouts and what we should expect in the future as a result of mismangement of recent government efforts.
Is Marc Faber a Shill for the Fed?
Adrian Ash of bullionvault.com writes Faber & Greenspan: Shills for Fed Snake Oil on Deflation and Hyperinflation.
Celente on the Mainstream: They’re Selling Confidence, Hope – Not Reality
Gerald Celente on Fox July 5, 2009 discusses Obamageddon, too-big-to-fails, future trends and media spin.
Harry Dent Forecast Update July 6
Harry Dent, of HS Dent Investments, alerted subsribers this morning to a potential change in market conditions.
Jim Rogers: Out of the Dollar, Will Short US Treasuries
Rogers still likes a host of Asian currencies, as well as commodities.
Goldman Sachs Trading Systems Compromised: Espionage Suspected
Zerohedge.com is reporting that the proprietary algorithm used for market analysis and program trading has been compromised by a former Goldman Vice President working in the GS quantitative equity trading desk. The implications of this are staggering, as Goldman Sachs is the heaviest equities trader in the world.
30 Million (18.7%) Effectively Unemployed
If you’re looking for green shoots, then 9.5% unemployment and the fact that the the rate of unemployment is declining should make you feel pretty good about the economy. If you read Steve Clemons’ “America’s Effective Unemployment Rate at 18.7%?”, however, you may get a different perspective of how unemployment is calculated.
The System is Crashing, It’s Going to Get Worse
Nassim Taleb, author of Black Swan: The Impact of the Highly Improbable, joins CNBC on July 2, 2009 to discuss the system we know as our financial markets and what effects we can expect.
