Jul 182012
 

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Johnny Texas is back after my stint in the Old El Paso Jail (that’s what happens when you mix tequila with knives and circus animals) to bring you the long awaited wake up of the mainstream media to the impending reality of hyperinflation.

Yes, the very thing I and other maniac, blogger wackjobs have been warning and shouting about, has finally been declared a real threat by none other than PhD. Economist, Caeser Lack of UBS Bank and Financial Services.

Please check out his essay hosted by Daily Crux.

Caesar Lack PhD. – Hyperinflation Revisited

Now be sure to go down to the local coin store and buy some silver so us “crazies” can sleep better at night knowing one more person will not become a tomato and flesh sandwich in a Shit Hits the Fan/Road Movie scenario of total global economic collapse!

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Jul 172012
 
Put More Bread On Your Table

The Germans call it Schadenfreude. Aristotle called it epikhairekakos. The philosopher Arthur Schopenhauer called it “the most evil sin of human feeling.” However you call it, deriving pleasure from the misfortune of others, in the real world, is generally frowned upon. In the world of finance, however, Schadenfreude is business as usual. Investors tend to [...]

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Jul 162012
 
A Rare Investment Opportunity

China has been in the news every other day for the past few weeks now, mostly for less than positive reasons. When not acting as the American political punching bag du jour, China has been downgrading financial forecasts and has finally admitted that some fiscal prodding may be necessary to continue it’s unprecedented half-century of [...]

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Jul 122012
 
This Will Change The Internet Forever

The United States government has taken it upon itself to prosecute a “crime” committed by a foreigner in a different country where local officials declined to prosecute the “crime.” This is the state of internet copyright law today. It seems that, if Viacom or Universal can’t get “relief” in the country they’ve been infringed upon, [...]

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Jul 122012
 
Poland Dumps Euro Zone

In a rather stunning turn of events, apparently Poland isn’t part of the Eurozone? According to the Telegraph, Poland, while granted entry into the “Union” hadn’t been able to adopt the Euro as the country’s primary currency because of the severe “economic disparity” between Poland and other Euro member states (ratio of debt-to-relative-GDP). Now, seeing [...]

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Jul 102012
 
The Saga Of Scranton

Mayor Chris Doherty hopes he finally has your attention. This past week, he decided that Scranton’s budget woes could only be solved by reducing all government employees’ pay to, literally, as low as they legally could be: “Doherty last week cut the pay for about 400 employees to the federal minimum wage of $7.25 per [...]

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Jul 102012
 
MFG, Part 2

Yesterday, the National Futures Association decided to stop Peregrine Financial Group from stealing every last penny from their clients. From the NFA website: “July 9, Chicago – National Futures Association (NFA) announced today that it has taken an emergency enforcement action against Peregrine Financial Group, Inc. (PFG), an NFA Member futures commission merchant (FCM) and [...]

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Jul 072012
 
Movin' to the Farm!!

From SHTF Plan – If you are feeling like you are at the end of your economic rope, fear not…there is a way. Join others who are waking up to the fact that we are at the end game of the current paradigm, where city dwellers rule the earth and but as much food as [...]

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Jul 062012
 
If Barclays Was "Massively Manipulating," What Was Bank Of America Doing?

Zero Hedge put up a chart the other day that put the whole, “LIBOR-gate” thing in perspective: On the lowest end of the spectrum we find both Chase and Bank of America with LIBOR averages hovering near 1%. In the upper third of the LIBOR rolling average, found guilty of artificially suppressing rates on a [...]

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Jul 062012
 
Goldman Calls The Bottom

Goldman Sachs has, once again called the “bottom” on the housing market: “[O]ur model projects a nominal house price gain of 0.2% from 2012Q1 to 2013Q1 and another 1.4% from 2012Q1 to 2013Q1. Taken literally, this would imply that the bottom in nominal house prices is now behind us.” Non-adjusted projectionist mentality such as this [...]

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