| |
 | Mark O'Byrne - gold.ie |
| Irish Banks Most Vulnerable In Stress Tests – Banking Contagion In EU Cometh |
| – Irish banks vulnerable in stress tests: AIB/ BofI amongst worst 5 banks in EU – Ulster Bank’s parent Royal Bank of Scotland emerged as 2nd worst bank – AIB, Banca MPS especially vulnerable & ‘failed’ in adverse scenario (see table) – Impairment of financial assets was the largest negative contributor to results – Bad loans continue to pose risks to Irish financial system – Diversification of deposits & allocation to gold prudent for individuals & companies – Experts advise diversifying into goMonday, August 8, 2016 |
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 | Egon von Greyerz - Matterhorn AM |
| When Will Governments Tell The Truth About The World Economy |
|
On June 3rd we had another set of figures which although fake, still shocked the financial world.
Non-farm payroll increased by only 38,000, massively lower than any forecast. But add to that 244,000 fictitious jobs created and 484,000 workers which were forced to go from full time to part time work, then we get to a reduction in full time jobs of 690,000! Also, the workforce has grown by 21 million since 2007 butThursday, June 23, 2016 |
|
 | Ron Paul |
| Congress Fiddles While the Economy Burns |
| Reports that the official unemployment rate has fallen to 5.1 percent may
appear to vindicate the policies of easy money, corporate bailouts, and increased
government spending. However, even the mainstream media has acknowledged that
the official numbers understate the true unemployment rate. This is because
the government's unemployment figures do not include the 94 million Americans
who have given up looking for work or who have settled for part-time employment.
John Williams of ShTuesday, September 15, 2015 |
|
 | Nick Barisheff - Bullion Management Services |
| Challenging the Mainstream Propaganda |
| Paul Joseph Goebbels was the Minister of Propaganda in Nazi Germany from 1933
to 1945. He once said that if you tell a big enough lie and keep repeating
it, people eventually come to believe it.
Today's governments together with the mainstream media seems to have taken
Goebbels' comment to heart. They omit facts and distort the truth to suit their
agenda, while a completely different point of view is presented by highly qualified,
intelligent analysts through blogs, websites and InternMonday, January 12, 2015 |
|
| Nick Barisheff - Bullion Management Services |
 Challenging the Mainstream Propaganda |
| Paul Joseph Goebbels was the Minister of Propaganda in Nazi Germany from 1933
to 1945. He once said that if you tell a big enough lie and keep repeating
it, people eventually come to believe it.
Today's governments together with the mainstream media seems to have taken
Goebbels' comment to heart. They omit facts and distort the truth to suit their
agenda, while a completely different point of view is presented by highly qualified,
intelligent analysts through blogs, websites and InternFriday, January 9, 2015 |
|
 | Andy Hoffman - Miles Franklin |
| Ramifications |
| Frankly, it’s impossible to understate how ugly Friday’s NFP report was once one looks past the fabricated, propagandized “headline” number. Recall, we all but guaranteed “higher than expected” job creation and a “lower than expected” unemployment rate; as this was the last NFP report before the mid-term elections. However, we qualified such “optimism” with the usual warning to beware of the internals – which as usual, couldn’t be worse.
Apparently, not only are part-time and temp jobs now conMonday, October 6, 2014 |
|
 | Gerard Jackson |
| The Great Depression and the real facts behind Roosevelt’s 1937-38 Depression |
| Gerard Jackson
The 1937-38 crash was literally a depression within a depression1. The seasonally adjusted production index peaked 118 in May 19372. A year later it stood at 76, a drop of 36 per cent. From April 1937 to May 1938 manufacturing output fell by 38 per cent. The situation for the iron and steel industry was catastrophic with output collapsing by 67 percent. Factory employment dived by 25 per cent, factory payrolls by 36 per cent while aggregate unemployment peaked at 20 per cent. SuchWednesday, June 4, 2014 |
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| Andy Hoffman - Miles Franklin |
| Mainstream Madness |
| In the ensuing pages, we again demonstrate why one must beware of those considered “expert” financial analysts. The title reflects our frustration with the “mainstream” outlets seemingly mandated to relentlessly propagandize a mythical, unobtainable “recovery.” However, one must be equally vigilant when following alternative media sources – particularly those that ignore what we view to be the single most important aspect of today’s “markets” – i.e., manipulative intervention per the incomparaThursday, May 29, 2014 |
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| Andy Hoffman - Miles Franklin |
 Wide World of Horrible Headlines |
| As any homeowner knows, sometimes the need to “housekeep” grows too overbearing to ignore. In other words, when dust overruns one’s bedroom, kitchen and office, it must be addressed. As is the case with “horrible headlines” in the economic world; which globally speaking, are accumulating at an accelerating rate.
Under the Miles Franklin Blog’s newformat, the day-to-day noise tends to be less focused on than in the past. However, the cumulative impact of such news – from East to West, North toTuesday, January 7, 2014 |
|
 | Miguel Perez-Santalla - Bullion Vault |
| Gold and the Unemployment Rate |
| Labor Force Participation tells a different story about gold and US joblessness...
The GOLD PRICE tells us just like any other indicator what is going on in our country, or economy, writes Miguel Perez-Santalla at BullionVault.
The most important part of an economy is simply employment. To ignore or sideline the importance of unemployment statistics is foolish. Including when you are considering the gold price.
The unemployment statistic is one of the most important numbers being studieMonday, October 7, 2013 |
|
 | Tim Wood - Cyclesman.com |
| Deja Vu, It's just a Cycle |
| I'm again beginning to hear why "this time is different." I hear hypothesized
reasons why Dow theory is an antiquated relic that is no longer relevant. I
hear that the manipulative efforts of the Money Masters have made the cycles
irrelevant. I hear all the reasons that the Money Masters are in "control" and
that the market will never ever be "allowed" to go down again. I heard the
same thing in regard to the 2000 top and again as the market ramped up into
the extended 4-year cycle tSaturday, September 21, 2013 |
|
 | Mish - Global Economic Analysis |
| Just How Distorted is the U.S. Unemployment Rate Number |
| On the first Friday of every month, I go through the jobs report and note the grossly distorted statistics.
For example, please see BLS in Wonderland written Friday, September 6
Every month I conclude with a couple paragraphs like these:
Grossly Distorted Statistics
Were it not for people dropping out of the labor force, the unemployment rate would be over 9%. In addition, there are 7,911,000 people who are working part-time but want full-time work.
Digging under the surface, much of theTuesday, September 10, 2013 |
|
 | Mac Slavo - ShtfPlan |
| Labor Day: 90 Million Americans Without Jobs; 36 Of the Population |
| This weekend President Obama delivered his weekly radio address commemorating the Labor Day weekend:
Over the past four and a half years, we’ve fought our way back from the worst recession of our lifetimes. And thanks to the grit and resilience of the American people, we’ve begun to lay a foundation for stronger, more durable economic growth.
Except like everything else coming out of Washington, President Obama loaded his speech with platitudes and wishful thinking, failing to mention the realitTuesday, September 3, 2013 |
|
 | Richard Mills - Ahead of the Herd |
Refutation of Economic Illusion  |
| Illusions trick us into perceiving something different than what actually exists and the mainstream media is very good at creating them. Currently they have the herd convinced there is an economic recovery underway.
We all need to understand that to have a real, and sustainable recovery for an economy that relies on consumer spending for 70 percent of its activity we need to have a jobs recovery.
Okun’s Law holds that an economy, it’s GDP, must grow above its potential to reduce the unemploymFriday, July 5, 2013 |
|
 | Stewart Thomson - Graceland Update |
| Gold Investors Need Unsterilized Milk |
|
1.The FOMC meeting this week could be the fundamental catalyst that drives gold above $1800, and turns it into a “here to stay” floor.
2.Currently, about half of the bonds bought by the Fed are financed by other bonds it holds.
3.That process is referred to as “sterilized QE”, but the Fed is quickly running out of short term bonds.Wednesday, December 12, 2012 |
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| Gold - Graceland Update |
| Gold Investors Need Unsterilized Milk |
| Wednesday, December 12, 2012 |
|
| Ron Paul |
| Keeping Up Statistical Appearances |
|
Last week, supporters of the current administration rejoiced over job numbers released by the Bureau of Labor and Statistics (BLS).For the first time since the administration came to power, the official unemployment number fell below 8%.Keynesian cheerleaders all claimed the numbers meant we are surely on the road to economic recovery, just in time for Christmas, and also, the election.Tuesday, October 16, 2012 |
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| Crisis Watch - Ron Paul |
| Keeping Up Statistical Appearances |
| Tuesday, October 16, 2012 |
|
 | Chris Laird - Prudent Squirrel |
What an Unemployment Rate Effectively Means to Economies, Currencies and Gold  |
|
Ok just to get to the major issue, when 1 out of 4 people are unemployed for a long time, they have to rely on others to survive.Either housing with relatives (who often have limited patience or none) or from the government assistance.Effectively the governments end up being the last resort, and since government budget crises seem to accompany major economic depressions, people end up on the streets…
Europe right now
In the EU, first Greece, then Spain and eventually Italy and have started to reach this critical number of 25% unemployment.Wednesday, August 1, 2012 |
|
 | Deepcaster |
| 2nd Half 2012 Forecasts, Challenges and Opportunities |
|
“…The banking system remains severely stressed, with some form of new easing—a QE-3—likely just a matter of time, and likely sooner rather than later.All Fed actions since the crisis of 2007 and panic of 2008 have been aimed at saving the banking system—not the economy—where the survival and health of banking system is the Fed’s primary function.Friday, May 11, 2012 |
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