11 Signs That Time Is Quickly Running Out For The Global Financial System

      

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In that period of falling prices, the CPI was only down 1-2%. If we take a look at Japan's monetary base, however, there was only one period where it actually contracted, and that was between 2005 and 2010. But the period that the deflationists like to talk about - 1989 going forward - Japan's monetary base expanded every year. Government spending expanded viscerally.

Silver: Supply and Demand

http://www.youtube.com/watch?v=M3uNsEfgZXY 

 

U.K. Jun M4 money supply fell -1.6% m/m and -5.2% y/y, the biggest annual decline since the BOE began money supply data in 1983. 

For a second time this month, China's Ministry of Railways said it will increase spending on China's railroads and bridges this year after it announced plans to spend 470 billion yuan ($74 billion) on projects this year, 4.8% higher than a July 3 projection. 

 

11 Signs That Time Is Quickly Running Out For The Global Financial System

http://www.activistpost.com/2012/07/11-signs-that-time-is-quickly-running.html 

All Investment Avenues are Rigged

Doug Casey on Crisis Investing, Political Risk, and a Benign Anarchy!

http://www.youtube.com/watch?v=fbyF_17GTNA&feature=g-all-u 

Spanish jobless rate 24.6pc, youth unemployment at 53pc

http://www.telegraph.co.uk/finance/financialcrisis/9432212/Spanish-jobless-rate-24.6pc-youth-unemployment-at-53pc.html 

   

The desire of gold is not for gold. It is for the means of freedom and benefit. ~ Ralph Waldo Emerson

All Investment Avenues are Rigged

http://goldswitzerland.com/all-investment-avenues-are-rigged/ 

 

What You Might Not Know about Preferred Stock ETFs and the Financial Sector 

http://www.moneyandmarkets.com/what-you-might-not-know-about-preferred-stock-etfs-and-the-financial-sector-50130?FIELD9=2 

 

No Housing Recovery In These Three Charts

http://www.zerohedge.com/news/no-housing-recovery-these-three-charts 

Ten Italian cities at risk of bankruptcy, schools may not reopen

http://www.telegraph.co.uk/finance/financialcrisis/9421599/Ten-Italian-cities-at-risk-of-bankruptcy-schools-may-not-reopen.html 

 

"I expect a gold price of 7.000 dollars by the next several years"

http://www.format.at/articles/1230/933/335609/i-a-7-000 

Your Bank Is Robbing You

  

 

Your Bank Is Robbing You 

Should You Save Your Money or Hide It Under The Mattress? A major problem is that Americans grew up without significant training in how to handle money.

http://lewrockwell.com/sardi/sardi227.html 

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Cuba to end Soviet-style economy and will implement market friendly policies

http://en.mercopress.com/2012/07/27/cuba-to-end-soviet-style-economy-and-will-implement-market-friendly-policies?utm_source=newsletter&utm_medium=email&utm_campaign=daily 

 Gold Futures CoT 4

Bearish futures traders are a bullish omen. 

http://www.24hgold.com/english/news-gold-silver-gold-futures-cot-4.aspx?article=3996988528G10020&redirect=false&contributor=Adam+Hamilton&mk=1 

Gary North 

I do not believe that hyperinflation is inevitable. I think it is unlikely. I do think that a Great Default is inevitable. Governments will default when the workers who are paying into Social Security and Medicare finally figure out that (1) this is not in their self-interest and (2) they outnumber the geezers.

Central bankers are arrogant. They really do think they have the upper hand. They really do think fiat money creation by central planners (themselves) is more powerful than free market forces (investors). They really do believe that they can find a suitable middle/muddle road between deflationary collapse and hyperinflation. So, they will not pull out all the stops. They will not hyperinflate unless Congress compels this.

Paul Volcker is the model. He reversed the policies of the ill-equipped G. William Miller, who was persuaded to resign by Carter after only 18 months in office. Volcker stuck to his guns from the fall of 1979 until August 13, 1982. By then, the public had lost its fear of inflation. It had gone through back-to-back recessions.

Volcker saved the dollar and the bond market. He let the politicians pay the price: first Carter, then Reagan. Reagan weathered the storm because the economy had turned back up by 1984. He smashed Walter Mondale.

The leverage is much greater today. The leverage of the big banks is much greater. The public still trusts Bernanke and Draghi. The investors think the central banks can save the system from a catastrophe. I don't. But I think the central banks have their choice of catastrophes: deflation/depression vs. hyperinflation/depression. I think they will try to navigate a middle ground, but when push comes to shove, they will risk a controlled deflation, with selective bailouts for the largest banks.

The central banks are not there to save the governments, which come and go. They are there to save their clients: the largest banks. They know where their bread is buttered.

But if Congress ever nationalizes the FED, then hyperinflation is a real possibility.

 

David Rosenberg Points To One Indicator That's Showing No Sign Of A Housing Recovery

http://www.businessinsider.com/david-rosenberg-housing-months-sale-completion-2012-7 

From Natural Resources to Currency Wars w/Rick Rule & Jim Rickards

 http://www.youtube.com/watch?v=OGyKtaeJbGE&feature=em-uploademail

Two King World News Blogs The first is with Citi analyst Tom Fitzpatrick...and it's headlined "Special Friday Gold & Silver 'Chart Mania'". The second blog is with Peter Schiff...and it's entitled "Gold Just Broke Out & Is Now Off To The Races". Both of these are must reads.

 

  

2012 a crop year many want to forget

http://www.agriculture.com/news/crops/2012-a-crop-year-my-wt-to-fget_2-ar25383?sssdmh=dm17.611163 

 

 

From earnings to the economy, why Wall Street can't catch a break! 

http://www.moneyandmarkets.com/from-earnings-to-the-economy-why-wall-street-can%E2%80%99t-catch-a-break-50134?FIELD9=2 

Gordon Chang: Big Trouble Ahead in China?

 

Gordon Chang: Big Trouble Ahead in China?

 

http://www.caseyresearch.com/cdd/gordon-chang-big-trouble-ahead-china 

Jim Rogers Says China Bears are Flat-Out Wrong

 

http://www.benzinga.com/news/12/07/2770539/jim-rogers-says-china-bears-are-flat-out-wrong 

This is the FTSE MIB index of Italian stocks over the past five years.

This index has collapsed by 75%. These are enormous losses. They are going to get worse.

Meanwhile, the euro is falling.

Italy's bond market is now considered next in line to fall after Spain. Nobody trusts its government, of course. This never changes in Italy. 

But now nobody trusts investors to keep buying the government's debt. Investors are looking for the greater fools. Greater fools are in short supply. 

Global QE Is Coming: Let the Gold Mania Begin!

http://lewrockwell.com/orig13/puplava-c2.1.1.html 

            

The key to the recovery is not the entry-level first-time home buyer. It is also not the investors (you and I). It is the family that has sold an existing home, has taken the equity, and has moved up. These people have almost disappeared. The popping of the housing bubble has ruined them. The recession of 2013 is going to force the hands of millions of home owners who are just barely hanging on.

http://mhanson.com/archives/953?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+MarkHansonAdvisers+%28Mark+Hanson+Advisors%29