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Wars and Rumors of War

This weekend, Iran goes atomic. On August 21, Iran will bring the nation’s first nuclear power reactor online when it loads a shipment of nuclear fuel into the core of the Bushehr nuclear plant.

Weekend Update with Jerry Robinson – August 15, 2010

It appears that despite the “best” efforts of Washington, the U.S. economy is continuing its miserable collapse. The jobless rates are more than just mere numbers. They represent agonizing pain of families who are in fear of losing their home to foreclosure and their creditworthiness to bankruptcy.

F. William Engdahl Interview – Follow the Money Podcast

Listen as Jerry Robinson talks with F. William Engdahl about his ground-breaking new book, Gods of Money: Wall Street and the Death of the American Century.

Nancy Pelosi Steps Right Over the Third Rail

While checking the news on Sunday, I ran across this headline on the Drudge Report…

Banks repossess US homes at record pace

Banks repossessed a record number of U.S. homes in the second quarter, but slowed new foreclosure notices to manage distressed properties on the market, real estate data company RealtyTrac said on Thursday.

FTMQuarterly Newsletter – Summer 2010 Issue (PDF)

This is a protected post. Learn more about becoming an FTM Insider.

Merrill Lynch: The 3 big reasons gold and silver will soar

Merrill Lynch metals analysts maintain gold will hit a US$1,500 per ounce target by the end of next year as investor demand pushes gold prices higher.

Top 20 Global Banks by Market Capitalization: The Decline of American Banks

Here are the top 20 Global Banks by Market Capitalization

Richard Russell: Everything you need to know about gold in three sentences

…As I’ve said a thousand times, Fed Chief Bernanke will absolutely not accept deflation… Shrewd gold-accumulators are well aware of [this]. As the deflationary and deleveraging forces press on the US economy, the Bernanke Fed is ready to devalue the US dollar in its (“whatever it takes”) battle to hold back deflation.

IRS to begin tracking gold and silver coin purchases in 2012

A blizzard of paperwork could be about to hit numismatics.

Shared sacrifice will be the new economic order

The laser-like focus on the global financial crisis means investors are back in contingency planning mode while the tools to fend off fiscal Armageddon are again being sharpened by governments and policy makers around the world. But, at times like these, it is important to understand where the real economic power resides, and that is with the people on Main Street.

Ben Bernanke Has Created Half of All the US Dollars in Existence – in Four Years!

“The U.S. turned 234 years old yesterday, and yet over half of the nation’s money supply was created since Helicopter Ben took over the flight controls four years ago. No wonder gold is in a full fledged bull market . . .”

Federal Reserve Surprise! "We may have to print more money" to spur "recovery"

The Fed is now threatening to pull out the big guns.

UN report: Abandon the U.S. dollar

The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency.

Asian millionaires overtake Europeans

The net wealth of Asian millionaires has eclipsed that of rich Europeans for the first time.

Is U.S. Now On Slippery Slope To Tyranny? – Thomas Sowell

A democracy needs informed citizens if it is to thrive, or ultimately even survive.

China to Overtake U.S. as World’s Top Manufacturer

The US is about to end a 110-year run as the number one country in factory production.

Seven Big Mistakes People Make When Hiring a Financial Advisor

Here’s how to choose the right steward of your money.

8 Traits for Financial Success

People who understand the keys to success have a sunnier outlook.

U.S. Identifies Vast Riches of Minerals in Afghanistan

The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan.

VIDEO: World Collapse Explained in 3 Minutes

The European sovereign debt crisis is an ongoing financial crisis…

10 Benefits of Expatriation

Everybody has their own personal reasons for expatriating, but here are some of the benefits.

Two More Reasons Why America’s Economic Recovery Is Not As It Seems

The mainstream financial commentators still don’t get it.