The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Friday, August 19, 2011

As gold prices rise, brokers seek to manipulate them with yet again another margin hike

Interactive Brokers bulletin board

To HKFE,HKMEX,NYMEX,NYSELIFFE traders:
Fri Aug 19 13:29:35 2011 EST

As a result of the volatile trading environment at the present time, please be advised that Exchange margins and House margins are likely to increase over the next couple of days. For exchange- specific increases, please visit the respective websites. IB will also be increasing the gold derivatives margin. Please monitor any affected holdings closely and manage your risk accordingly.

Not that it will matter in the long run, but HEY EUROPE... how did those prohibitions on short trades do for your markets this week?

Tuesday, August 9, 2011

Apple passes Exxon Mobil for worlds largest company

For a brief time this morning, Apple stock passed the reigning number one company, Exxon Mobil, to temporarily become the worlds largest company.

Chart courtesy of Zerohedge

Friday, August 5, 2011

Economist Marc Faber discusses Bernankes next move

Is the fake academic an amateur, or a true carrier of money printing doom.  These are the items discussed by economist Marc Faber today with Bloomberg.

http://bloom.bg/mUFPqB#ooid=5jb25wMjoIxPYlFTLNz_Fjul3sHHs0ng

Thursday, August 4, 2011

Why you cannot trust financial analysts

Yesterday on CNBC, fund manager Barton Biggs just yesterday said that the market is set to climb 7-9% and rally going forward.

Whooooops!

And like a child who was caught with stolen candy in his pocket, Biggs today on Bloomberg TV came out and said he was wrong and that his guess... and thats ALL these analysts can ever do is GUESS... was not only too early, but now he has NO IDEA on when the bottom may come in.

http://www.bloomberg.com/tv/#ooid=d3MzYwMjoS4f85a0xfQrxDFebezasnkN

All we can say for Barton Biggs, Jim Cramer, and any other meaningless talking heads.

International Upheaval Leads to US Schwoonage

The Bank of Japan intervened last night with their currency, and it rebounded a full 300 points.  The real fun however, was with the FTSE MIB exchange in Italy, which plummetted, was halted for awhile, then fell another 5% after it re-opened.

Watch for a bank run or bank holiday soon on the penninsula of pasta and saints.

Subsequently, the US markets decided to capitulate to levels not seen in nearly a year as the DOW was down more than 400 points, and the S&P is just 17 points from going below 1200.

Gold and silver have been shaken a bit with massive margin calls, and once again, potential margin hikes by the CME.

As Maria Bartiromo says... "were off the lows"

Wednesday, July 27, 2011

The Debt Ceiling battle hits the mainstream

Take a look at this rap song, Raise the Debt Ceiling posted by ReasonTV.

Make it rain, make it rain, I mean quantitative easing...

Federal deficit and point of no return

No matter what happens in the debt ceiling vote, the US has chosen the path to financial suicide.

image

Ron Paul speaks on House floor regarding debt ceiling

Congressman Ron Paul has a very cogent and concise argument on the debt ceiling.

Monday, July 18, 2011

Borders Books to Close Their Doors

Reality set in today as retail bookseller, Borders Books, came the realization that print media, which includes the hardback book industry, is no longer a viable and growing industry, and will close its doors since no hedge fund or private investor saw fit to purchase the ailing company.

Long live the Kindle!  Until the blue-ray version of the kindle makes it obsolete as well.

The Borders Group, the bankrupt 40-year-old bookseller, said on Monday that it will move to liquidate after no last-minute savior emerged for the company.
Borders said in a press release that it will proceed with a proposal by Hilco and the Gordon Brothers Group. That liquidation plan will be presented to the federal judge overseeing the company's bankruptcy case on Thursday.

http://finance.yahoo.com/news/Borders-Calls-Off-Auction-nytimes-1678947798.html?x=0

Friday, July 15, 2011

Nancy Pelosi compares Obama to Job from the Old Testament

Unfortunately, she used the wrong verse to describe the TOTUS.

She should have used this scripture -

"Those who dwell in my house, and my maidservants, count me as a stranger; I am an alien in their sight." (Job 19:15)

Here is the video of her senility in full force.