Thursday, March 31, 2016

Is Russia Collapsing?

Low oil prices can't help but where's all the money coming from?

Tyler Durden's picture

Russian Energy Tycoon Spends $1 Billion On Son's Wedding; Locals Dub It "Feast In A Time Of Plague"

The son of Russian billionaire Mikhail Gutseriev got married this past weekend in what Russian media has been calling, "the most expensive wedding ever", but not everyonewas impressed by the gaudy spectacle: the wedding was branded ‘a feast in a time of plague’. Commenter Marina Baryshnikova complained: ‘It would have been better if they helped those in need, the country is collapsing, there are no jobs, people are poor. This is a feast at a time of plague.’

Wednesday, March 30, 2016

Obama - Fais Attention!!

If Obama could ever put his rod down smashing his balls all over the universe while we watch in horror, he might see the following:

From Zerohedge (of which I am still delightfully banned; for if one never gets banned from something in their life, they haven't spoken their mind, if they have one).

Attention President Obama: One Third Of U.S. Households Can No Longer Afford Food, Rent And Transportation

While the median income had fallen by 13% from 2004 levels over the next decade, expenditures had increased by nearly 14%. But nobody was more impacted than the one-third of households which the study defines as "low-income." Pew finds that while all households had less slack in their budgets in 2014 than in 2004, lower-income households went into the red by over $2,300. In other words, approximately one third of American households were no longer ablv to cover the core necessities - food, housing and transportation - with average income.  

 Read the rest here.

Thursday, March 10, 2016

China and Silver - A Game Changer?

China is now involved in the "fixing" of silver. For better or worse, you decide. Rather, the charts will....

From Zerohedge:

China Is Now In Control Of Global Silver Prices

Submitted by Dave Forrest via,

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s most important precious metals markets. That’s the London Bullion Market silver price. Where one of China’s largest banks just became a member of an elite group of players that controls fluctuations in this key metal.