Alea Iacta Est (The Die is Cast)
By Egon von Greyerz, Matterhorn Asset Management
Already back in 2007 we warned about the very high risk of the CDS (credit default swap) market. This is now one of the primary instruments used by th…
Goldman Sachs’ Big Round Trip
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Continue reading Chart of The Day: Goldman Sachs’ Big Round Trip
Germany Bans Naked Short-Selling
By Alan Crawford and Shannon D. Harrington
Germany prohibited naked short- selling and speculating on European government bonds with credit-default swaps in an effort to calm the region’s financi…
Congress Blocks Indiscriminate IMF Aid For Europe
By Ambrose Evans-Pritchard
Europe may have to clean up its own mess after all. The US Senate has voted 94:0 to block use of taxpayers’ money for IMF rescues that make no economic sense or bail-ou…
Greeks Today, Us Tomorrow?
I have gotten several questions asking me to explain what is happening in Greece and what it means to us. Greece is being harvested. This is a global game and it has been going on for some time.
In 2…
Shadowstats – Money Supply Decline
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Continue reading Money Supply Charts
Quote du Jour
Fitts, I can’t make money in your past!
~ Luis S. Mendez,
Head of Capital Markets, Dillon Read & Co. Inc. explaining to me (Catherine) the importance of focusing on today’s opportunities.
Housing Permits January 1959 To April 2010
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Copper Price Decline
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Continue reading Now This Is A Deflationary Collapse
Did you see what Facebook is trying to do?
Facebook recently made a number of changes to its privacy policy that make your profile information public – even if you thought it wasn’t. Many people aren’t even aware of these changes. So we (Mov…
The Dangers of Cell Tower and Cell Phones
Confidential Report On TETRA Strictly For The Police Federation Of England and Wales
What is all this really about?
Imagine the field around a magnet and imagine ordinary everyday static electrici…
Desert To Farmland
Gulf nations hope science will turn desert areas into arable land to boost food security and avoid the risks inherent in buying farmland abroad, industry insiders said Monday.
Farming in the Gulf b…
Haitian Farmers Commit to Burning Monsanto Hybrid Seeds
“A new earthquake” is what peasant farmer leader Chavannes Jean-Baptiste of the Peasant Movement of Papay (MPP) called the news that Monsanto will be donating 60,000 seed sacks (475 tons) of hyb…
Fresh Water
I watched two documentaries this weekend about the growing challenges of our fresh water supply.
This is a very important topic, one that is hidden behind many of the squabbles going on in communit…
Wall Street Auto Pilot
Join here:Ed Stein Free Online Comic Strip Library
Hundreds Protest Outside Bankers’ Houses In DC
Huge raucous crowds converged outside bank employees’ houses on Sunday afternoon to demand banks stop lobbying against Wall Street reform.
“Bank of America: bad for America!” shouted community lead…
Hundreds Protest Outside Bankers' Houses In DC
Huge raucous crowds converged outside bank employees’ houses on Sunday afternoon to demand banks stop lobbying against Wall Street reform.
“Bank of America: bad for America!” shouted community lead…
The Khan Academy
Youtube
Related reading:
Math Wiz Adds Web Tools to Take Education to New Limits
PBS (22 Feb 10)
Evans-Pritchard: Britain & EU
By Ambrose Evans-Pritchard
Just when you thought the EU could not go any further down the road towards authoritarian excess, it gets worse.
The outcome – un véritable gouvernement économique …
Evans-Pritchard: Britain & EU
By Ambrose Evans-Pritchard
Just when you thought the EU could not go any further down the road towards authoritarian excess, it gets worse.
The outcome – un véritable gouvernement économique …
Gold Bull Market Perspective
Continue reading Chart of the Day
Germans Buying Gold
By Jack Farchy
At the Rand refinery in South Africa, the phone has not stopped ringing this week. Panicking German dealers and banks have been desperate to get their hands on krugerrands, the world…
Magnolia Trees
My magnolia trees started to blossom this week. I also saw my first honey bee of the season. It was big and fat and seemed very opinionated!
Money & Markets – Week of 5.16.10
William Engdahl
Euro Slump Due To Planned Wall Street And Washington’s Attack – Read Article
Germans Fantasize About New Rich-Nation Currency Bloc That Doesn’t Even Include France
Business Insider …
Money & Markets – Week of 5.16.10
William Engdahl
Euro Slump Due To Planned Wall Street And Washington’s Attack – Read Article
Germans Fantasize About New Rich-Nation Currency Bloc That Doesn’t Even Include France
Business Insider …
Precious Metals – Week of 5.16.10
Complete Paulson Q1 Portfolio Update: Major Additions To Gold Exposure, New Casino Stakes, But What About CDS And Gamma?
Zero Hedge (17 May 10)
Doubts About Gold ETFs Broadcast Today On Two Major Net…
SRI Demands on Goldman
By Robert Kropp
The impact on investors of the business operations of corporations has been receiving unprecedented attention lately, in the aftermath of charges by the Securities and Exchange Commis…
Mortgage Markets – Week of 5.16.10
Fed Assets Reach Record $2.35 Trillion on Mortgage Purchases
Bloomberg Businessweek (20 May 10)
Mortgage Delinquency At Record High, But Borrowers Falling Behind At Slower Rate
The Washington Post (1…
Geopolitical – Week of 5.16.10
BP Flak Married to Sheriff’s Deputy, Reporters Barred From Oily Beach
Mother Jones (21 May 10)
Gulf Faces ‘Difficult Reality’ of Storm-Whipped Oil
Bloomberg.com (21 May 10)
BP Cap Waiver May Be …
Food & Health – Week of 5.16.10
Wild Birds Shun Organic Food
HealthDay (18 May 10)
Queens Man Vincent Liew Dies of Uterine Cancer After Kidney Transplant From NYU Medical Center
Daily News (18 May 10)
Nanotechnology: New Threat to…
Food & Health – Week of 5.16.10
Wild Birds Shun Organic Food
HealthDay (18 May 10)
Queens Man Vincent Liew Dies of Uterine Cancer After Kidney Transplant From NYU Medical Center
Daily News (18 May 10)
Nanotechnology: New Threat to…
Technology – Week of 5.16.10
Assessing the Cell Phone Challenge
Pew Research (20 May 10)
Sick of Facebook’s Lack of Respect For Your Data? Add Your Name And Commit to Quit!
quitfacebookday.com (20 May 10)
Weird Clouds Look Eve…
Complete Idiot’s Guide to 2012
By ND, Dr. Synthia Andrews, Colin Andrews
I have tried on numerous occasions to sort out what the hullabaloo about 2012 is all about. A few months ago, I spent several hours in the jacuzzi reading …
Complete Idiot's Guide to 2012
By ND, Dr. Synthia Andrews, Colin Andrews
I have tried on numerous occasions to sort out what the hullabaloo about 2012 is all about. A few months ago, I spent several hours in the jacuzzi reading …
China May Expand Yuan Settlement to 18 More Provinces
China plans to expand settlements of international trade using yuan to as many as 18 more provinces and cities to meet rising demand from companies, two bankers involved in the program said.
Cross-…
Clinton: Timing Of Goldman Sachs Suit Is “Suspect”
YouTube
Interviewer:
What did you take away from the Goldman Sachs hearings?
Clinton: … [comments on Goldman Sachs/SEC lawsuit]
I think there’s a bigger problem here, which is that too much …
Clinton: Timing Of Goldman Sachs Suit Is "Suspect"
YouTube
Interviewer:
What did you take away from the Goldman Sachs hearings?
Clinton: … [comments on Goldman Sachs/SEC lawsuit]
I think there’s a bigger problem here, which is that too much …
Let the earth bring forth the living creatures…
It keeps happening. Animals keep showing up.
Yesterday there was a electric blue bird that I had never seen before.
Last night, I was driving back from Top of the World Farm and there was a lamb w…
Rigged-Market Theory Scores a Perfect Quarter
By Jonathan Weil
Score another triumph for the rigged- market theory.
In a feat that would seem to defy the odds, Goldman Sachs, JPMorgan Chase and Bank of America this week each said its trading de…
Four Nerds and a Cry to Arms Against Facebook
By Jim Dwyer
How angry is the world at Facebook for devouring every morsel of personal information we are willing to feed it?
A few months back, four geeky college students, living on pizza in a c…
Two Wise American Farmers Are Right – Hay Should Begin To Move To The Gulf Immediately
By Jeff Rense
The two wise American farmers who presented their hay solution to dealing with the massive, burgeoning Gulf of Mexico oil slick are right on the money.
It’s doubtful they remember, b…
Kagan Goes to Bat for Monsanto
By Joshua Frank
Alfalfa is the fourth largest crop grown in the United States and Monsanto wants to control it. On April 27, the Supreme Court heard arguments in a case that could well write the fu…
Precious Metals Market Report
Listen to the MP3 audio file
The Solari Report – 13 May 2010
Download the MP3 audio file
Audio
The outlines of our situation are becoming clearer to a much wider audi…
Abu Dhabi Hotel Installs Gold Vending Machine
YouTube
Continue reading Abu Dhabi Hotel Installs Gold Vending Machine
Gulf Oil Spill To Reach Shore in Next Few Days
As the nation’s leading scientific resource for oil spills, NOAA has been on the scene of the Deepwater Horizon spill from the start, providing coordinated scientific weather and biological respon…
Money & Markets Charts ~ 5.13.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report this Thursday, May 13, 2010.
Click here…
Money & Markets Charts ~ 5.13.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report this Thursday, May 13, 2010.
Click here…
“Terrible Cuts” to Close Deficit Proposed By California Governor
By the beginning of 2010, Schwarzenegger and the lawmakers had closed a 60 billion deficit partly by slashing spending on schools, temporarily raising taxes and borrowing from local governments.
The …
Thought Of The Day
A Gecko appeared today traveling about the fireplace mantel in my office.
I have decided it is a sign of great good fortune.
~ Catherine Austin Fitts
To the Governors of Louisiana, Texas, Mississippi, Alabama and Florida
To the Governors of Louisiana, Texas, Mississippi, Alabama and Florida, their legislators and Attorneys General:
Please do not wait for BP and the federal government to protect your coast waters and …
Gulf Oil Spill
YouTube
How about using the hay idea (below from CWRoberts) and other low tech ideas to help? Time for enlisting the fisherman and farmers on the Gulf for Plan B? It worked for the British at Dunk…
CWRoberts Proposes Practical Spill Solutions (Good Ole Boy Permaculture!)
Continue reading CW Roberts Presentation
Related reading:
Two Wise American Farmers Are Right – Hay Should Begin To Move To The Gulf Immediately
14 May 10
Depaving Portland
Continue reading Depaving Portland
Related reading
Depaving Day!
StreetFilms
depave.org
DOJ Investigating Morgan Stanley re: Mortgage Deals
By Takahiko Hyuga and Finbarr Flynn
Morgan Stanley Chief Executive Officer James Gorman denied allegations the U.S. bank misled investors about mortgage derivatives it sold them.
The firm is being…
Morgan Stanley Whac-a-Mole
Last night minutes after midnight, the WSJ announces that federal prosecutors are investigating Morgan Stanley. Morgan Stanley’s new CEO Jamie Gorman was in Tokyo. According to Gorman, this was new ne…
Gold Price in Euros
View Larger Chart
Continue reading The Ultimate Rejection Of The Euro
Senate Approves Incomplete Audit of Fed
By Victorial McGrane and Michael R. Crittenden
The Senate adopted an amendment Tuesday to the financial-overhaul bill that would boost transparency of the Federal Reserve’s emergency lending actions …
David Cameron PM Statement
YouTube
Related reading:
David Cameron Enters No10 as Prime Minister
ITN (12 May 10)
General Election 2010: Timeline of The Day David Cameron Became Prime Minister
Telegraph.co.uk (12 May 10)
The Popsicle Index Rant
I have said it 1,000 times. I will keep saying it. At the root, it is very simple.
The Popsicle Index is the % of people who believe a child can leave their home, go to the closest place to buy a pop…
Social Irresponsibility Down
I just noticed that stocks high on my list of “least socially responsible” started dropping in April relative to general market levels.
Here is a stock chart comparing the S&P 500 over the last s…
Growing Number of Earthquakes
View larger chart at USGS Earthquakes website
View larger chart at USGS Earthquakes website
Establishment date for HAARP: 1983
40 Million Americans on Food Stamps
By Charles Abbott
Nearly 40 million Americans received food stamps — the latest in an ever-higher string of record enrollment that dates from December 2008 and the U.S. recession, according to a g…
Life Expectancy By Countries
.
Continue reading List of Countries By Life Expectancy
Wikipedia
UK FSA & FINRA Whack Goldman Stock Some More
Goldman Sachs Group, Inc. disclosed Monday that it has received notices of investigations from FINRA and from the United Kingdom Financial Services Authority regarding its subprime mortgage dealin…
UK FSA & FINRA Whack Goldman Stock Some More
Goldman Sachs Group, Inc. disclosed Monday that it has received notices of investigations from FINRA and from the United Kingdom Financial Services Authority regarding its subprime mortgage dealin…
Swine Flu: What Happened?
Swine flu kept the world in suspense for almost a year. A massive vaccination campaign was mounted to put a stop to the anticipated pandemic. But, as it turned out, it was a relatively harmless strain…
Moody’s Receives Wells Notice, SEC To Commence “Cease & Desist” Proceedings Against Rating Agency
By Tyler Durden
And now for today’s bombshell – literally at the very end of Moody’s 10-Q filed last night, we find this stunner:
On March 18, 2010, MIS received a “Wells Notice” from the Staff …
Moody's Receives Wells Notice, SEC To Commence "Cease & Desist" Proceedings Against Rating Agency
By Tyler Durden
And now for today’s bombshell – literally at the very end of Moody’s 10-Q filed last night, we find this stunner:
On March 18, 2010, MIS received a “Wells Notice” from the Staff …
Open Letter to EU Heads of State
Did you know that Greece alone has 14 times as much gold per capita as China? Do you realize that your “PIGS” actually have the same amount of gold per capita as the US claims to still have? (PIGS=25 …
U.S. Reverses Stance on Treaty to Regulate Arms Trade
The United States reversed policy on Wednesday and said it would back launching talks on a treaty to regulate arms sales as long as the talks operated by consensus, a stance critics said gave every na…
Quote du Jour
“We have not journeyed across the centuries, across the oceans, across the mountains, across the prairies, because we are made of sugar candy.”
~ Sir Winston Churchill
NY Post says Feds Probing JPMorgan in Silver Markets; How Come No Disclosure from SLV?
By Michael Gray
Federal agents have launched parallel criminal and civil probes of JPMorgan Chase and its trading activity in the precious metals market, The Post has learned.
The probes are cente…
Lying to Cut Retirement Benefits
Continue reading U.S. Retirement Benefits To Be Cut?
Continue reading Campaign to Cut Entitlements Picking Up in U.S.
Did you notice they did not suggest finding out where the $4 trillion went…
Nashville Tennessee Flood 2010
Nashville Tennessee Flood 2010
YouTube (3 May 10)
Fannie Mae Again Asked Taxpayers For Money!
By Alan Zibel
Fannie Mae has again asked taxpayers for more money — this time $8.4 billion — after reporting another steep loss for the first quarter. The taxpayer bill for rescuing Fannie and it…
Money & Markets – Week of 5.9.10
EU Bullied into $1T Banking Bonanza
Euro Experiment
Money & Markets – Week of 5.9.10
EU Bullied into $1T Banking Bonanza
Euro Experiment
Precious Metals – Week of 5.9.10
Gold ETFs Try to Lure Indians Away From Metal And Into Paper
GATA (13 May 10)
The Worlds Biggest Gold Reserves
CNBC
First Gold, Now Europe Running Out Of Silver
Zero Hedge (12 May 10)
On CNBC, GLD …
Mortgage Markets – Week of 5.9.10
States: Let Taxpayers Cover Your Mortgage
CNN Money.com (12 May 10)
Taking Back Homes From The Banks
Information Clearing House (12 May 10)
Mortgage Holders Owing More Than Homes Are Worth Rise to 2…
Geopolitical – Week of 5.9.10
Obama Sends Bomb, Mars Experts to Fix BP Oil Spill
Bloomberg.com (14 May 10)
El Pais: France Threatened to Leave the Euro
The Atlantic (14 May 10)
CEOs From Far And Wide Band Against Financial Bill …
Food & Health – Week of 5.9.10
‘Hangover’ Molecule in Brain Found
Live Science (9 May 10)
Psychiatry Almost Drove Me Crazy
Awaken in The Dream
FDA Wants To Control Everything Your Family Eats
News With Views (8 May 10)
Food & Health – Week of 5.9.10
‘Hangover’ Molecule in Brain Found
Live Science (9 May 10)
Psychiatry Almost Drove Me Crazy
Awaken in The Dream
FDA Wants To Control Everything Your Family Eats
News With Views (8 May 10)
Life – Week of 5.9.10
New Jobless Claims Fall Less Than Expected, Continuing Claims Rise
All Headline News (13 May 10)
We Are The Ones We’ve Been Waiting For
Spirit of Maat (28 Oct 01)
Wal-Mart Plans $2B Push On Hunger R…
Technology – Week of 5.9.10
Jupiter Loses One Of Its Stripes And Scientists Are Stumped As To Why
Mail Online (12 May 10)
Volcanic Ash Disrupts Air Traffic in Europe Again
ATW (11 May 10)
Engineers Stymied On How To Stop Surgi…
Unemployed for Over 27 Weeks
Chart of the Day: No Green Shoots at All for the Long-Term Unemployed
We saw this coming long ago. Some wonderful people warned us and offered alternatives. Here is the proof.
Related Viewing:
Si…
Rep. Grayson: You Own the Red Roof Inn!
Continue reading YouTube Video
Spanking Buffett
Last weekend at the Berkshire Hathaway annual meeting, Goldman Sachs preferred stock investor Warren Buffet made a big deal about supporting Goldman Chairman and CEO Lloyd Blankfein under fire (…
Former CEO of Iceland’s Kaupthing in Custody
Former CEO of the Icelandic bank Kaupthing, Hreidar Már Sigurdsson, was given a 12-day custody sentence in Reykjavík District Court today at the request of the Special Prosecutor’s Office. Magn…
Did Goldman Just Get Fired by AIG (BTW, Is AIG Their E&O Insurer)?
By Louise Story and Eric Dash
As its legal troubles mount, Goldman Sachs is losing a big corporate client: the American International Group.
A.I.G., the insurance giant that planned to retain Gold…
Did Goldman Just Get Fired by AIG (BTW, Is AIG Their E&O Insurer)?
By Louise Story and Eric Dash
As its legal troubles mount, Goldman Sachs is losing a big corporate client: the American International Group.
A.I.G., the insurance giant that planned to retain Gold…
GS&Co-SEC Talk Settlement
By Susan Pulliam and Susanne Craig
Sides Remain Far Apart as Criminal Probe, Deal Structure Pose Hurdles; Shareholder Meeting Today
Goldman Sachs Group Inc. (NYSE: GS – News) lawyers met this week…
GS&Co-SEC Talk Settlement
By Susan Pulliam and Susanne Craig
Sides Remain Far Apart as Criminal Probe, Deal Structure Pose Hurdles; Shareholder Meeting Today
Goldman Sachs Group Inc. (NYSE: GS – News) lawyers met this week…
Quote du Jour
–
“Socialized medicine is the keystone in the arch of the socialized state.”
~ Vladimir Lenin
–
Thanks to Bill King of the King Report for pointi…
Wealth And Inequality In America
Inequality is worst around Wall Street and Oil Land
Continue reading 15 Mind-Blowing Facts About Wealth And Inequality In America
Homes Priced In Gold Down 75%
Today’s chart presents the median single-family home price divided by the price of one ounce of gold. This results in the home / gold ratio or the cost of the median single-family home in ounces of go…
Quote du Jour
“You know, by the time you become the leader of a country, someone else makes all the decisions. You may find you can get away with virtual Presidents, virtual Prime Ministers, Virtual everything.”…
Dow Closes Down $347.80
“Heard of the lone assassin? Or the lone trader? Or the lone computer “glitch.” Get ready for the lone typo.”
–
~Catherine Austin Fitts
–
Continue reading Did CNBC’s Jim Cramer Help Save the Market…
Money & Markets Charts ~ 5.6.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report tonight, Thursday, May 6, 2010.
Click h…