As Mark Spitznagel has said in the video, everything in terms of value and perception is out of whack, because there is so much liquidity in the markets thanks to money printing by governments.
Real estate is super expensive, commodities are expensive, stock market / stock valuation is very expensive as compared to earnings, while the true state of the economy is dismal at best.
Press PLAY below:
This is a video of the possible future, not if ….but when the U.S dollar will collapse. It is a certainty and the only question is when?
Notice, that a possible “one world currency” ideal was presented.
Questions is are you prepared?
I’ve posted about the increasing income inequality in the United States many times before, and it is not getting any better.
The mainstream media would like to think that there is a recovery in jobs, recovery in income, a recovery in standard of living, but in reality the social fabric and economy of the United States is deteriorating at an alarming rate.
Out of all the sites mentioned ADP is the one I would worry about most. Think about it , all your personal info on ADP like social insurance number, bank account and the general info can be used big time by identity thieves.
These days, there is so much sensitive data online, it’s quite sad when companies cannot get their security perimeter right.
http://blogs.marketwatch.com/thetell/2013/12/05/2-million-internet-accounts-on-facebook-twitter-adp-others-hit-by-mass-hack/
I think Bill Still is correct in his analysis.
This is a great example of Banks and Governments with large budgets and super computers using HFT (High Frequency Trading) to manipulate markets pushing prices up and down.
As I was checking the crypto currency market last night I noticed that pretty much all the top 10 crypto coins were being hammered down , Bitcoin was down over 30%, Litecoin was also down and Quark was down over 40% as well.
Murphy has a good point the market is at dangerous levels and it is time to be cautious. The news lady says “That is not what Goldman Sachs says”. Well, generally Wall Street big wigs like Goldman will usually tell public to buy, stock market is going higher, when in the background they are getting ready to sell you their inventory of stocks. This is the wall street poker game they play.
Originally written on November 29, 2013
As of the time of the writing of this article, QuarkCoin currently sits at number 8 on the list of crypto currencies based on market capitalization. It previously was sitting at number 12, however the rising popularity of this crypto currency is partly due to the fact that there are rumours that it is going to be listed on one of the major crypto currency exchanges in China and also because the coin was covered by the Still Report#132 http://www.youtube.com/watch?v=6qXhqSy0nbg . Keep in mind that market capitalization changes daily as more people get in on the coins.
I’ve been watching the situation of Canadian personal debt for a while, and it seems like it is getting bigger and bigger. This latest report shows a 3% increase in personal debt not including mortgages.
What most Canadians are failing to comprehend, is that all it takes for them to hit financial ruin is a loss of a job and a rise in interest rates. Most Canadians should think about trying to reduce their debt as much as possible as the next downturn in the economy is coming between 2014-2017.
I got into Bitcoins this year April, when it was at $120, and now it is at almost at $1000.
It is a viable currency, I have bought groceries and Amazon.com gift cards. If you can exchange Bitcoin for goods and services than it is a form of money.
As well, thousands of brick and mortar and online stores are now accepting Bitcoin.
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