John Embry: Silver Market Is Nearing A Commercial Signal Failure!

Silver Eagle coin. Going … going … gone soon!

• Embry – Silver Market Is Nearing A Commercial Signal Failure! 
  by www.kingworldnews.com
  Today John Embry told King World News that the silver market is getting very close to a commercial signal failure.  Embry, who is Chief Investment Strategist at Sprott Asset Management, also spoke about global stock markets, gold, mining shares, and the global economy.  Here is what Embry had to say in this exclusive interview:  “It appears that Europe is unraveling once again.  I was really irritated with the level of enthusiasm that had developed in Europe because of the bond purchase program, which caused the interest rate picture to improve.”
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  “I didn’t believe that the lowering of interest rates had one iota of reality with regards to what was going to happen on the ground with the economy.  Now that the fraud in Spain has been revealed, spreads are starting to widen again and the European stock markets are getting kicked around. I think the reality is that Europe will face a tough road going forward….
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Top UBS Analyst Predicts Carnage For The US Dollar & Equities!

• Top UBS Analyst Predicts Carnage For The US Dollar & Equities! 
  by www.kingworldnews.com
  On the heels of Germany looking to repatriate their gold, today King World News spoke with top UBS analyst Peter Lee about his rather frightening forecasts for the US dollar and equities.  Interestingly, his call for the dollar to plunge comes right after Germany expressed that it wants its gold out of the Fed and back inside German vaults.  If Lee is right in his outlook, this will have massive global ramifications.  Lee also provided KWN with some incredible charts to back up his rather ominous predictions for both the dollar and equities.  
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  Here is what top UBS analyst Peter Lee had to say, along with powerful charts:  “We are nearing a couple of inflection points coming up in the markets.  There is a distinct possibility that all of this converges in the upcoming two-year window between 2013 and 2014.  This will be greatly impacting equities, bonds, and currency markets.
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  We are about to enter this convergence period, and we suspect in the second half of this year and into 2014 we will see a great deal of major movements in these financial markets.  The charts below go back to the Great Depression when we had an 85% drop in the S&P.
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  What is very interesting about these particular charts is the debate between the bulls and the bears as to where the market gets ‘cheap.’  So the question is, at what level will the market have to fall in order to create a buying opportunity?
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  The bears are claiming the market has to go down to the green line, which is the 1932 trendline (this would represent a catastrophic 72% decline).  We believe the market doesn’t have to go that low.  Currently the 1932 trend line is at 414 on the S&P.  Two years from now that number will be higher, somewhere between 450 and 500 on the S&P because it is a rising trendline.
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Major Bank, Economists Agree: Market Collapse Will Strike in 2013!

• Major Bank, Economists Agree: Market Collapse Will Strike in 2013! 
  by Christian Hill, http://www.moneynews.com/ 
  According to a major bank, a pair of noted economists, and one controversial billionaire, 2013 will be a “year of terrible reckoning” for the stock market.
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  JPMorgan just released its outlook for the first quarter. Surprisingly, this regularly bullish company has reversed course and revealed an ominous chart that every investor needs to be alerted to.
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  As you can clearly see, stocks have retraced the pattern from the last two big market rallies (averaging over 100%), and now face a massive decline in 2013 (of over 50%).
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  JPMorgan isn’t alone in its stark predictions. Economist and NYU professor Nouriel Roubini has said in recent interviews that there is a chance that an economic “perfect storm” will devastate global markets in 2013. He points to a worsening eurozone crisis, a hard landing for the Chinese economy, and a war in the Middle East that could push oil prices above $200 a barrel.
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  Agreeing with Roubini’s worrisome outlook is billionaire Jim Rogers. In a recent interview with Yahoo Finance, Rogers says regarding 2013, “You should be very worried, and you should prepare yourself.”
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  Rogers referenced a little-known economic cycle that proves the United States experiences a slowdown every four to six years (and 2013 marks four years since our last slowdown).
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Gregory Mannarino: The FedRes Cannot Stop Printing Money or the US will COLLAPSE !

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Ron Rosen: We’ll See Breathtaking Moves In Stocks, Gold & Silver in 2013!

• We’ll See Breathtaking Moves In Stocks, Gold & Silver in 2013! 
  by www.kingworldnews.com
  On the heels of some wild trading action this past week in the gold, silver and stock markets, today 56-year market veteran and analyst Ron Rosen sent King World News a fascinating piece.  Rosen states that we are headed for some extremely violent trading in stock markets this year, but believes he gold and silver will begin a dynamic rise in 2013.  Nick Laird from ShareLynx assisted Rosen by putting together some fantastic charts for this piece.
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  The secret to knowing what the markets will do through time is really no secret.  All we really must know is how people in the markets collectively function through time.  Are there collective patterns of buying and selling?  Do any of these patterns repeat through time? Do market movements from the past repeat in the future?  The answer is yes, they do. This is what I have been studying for 56 years. 
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  Before I could confidently and accurately see patterns in others taking place I had to see the patterns in myself and examine how I repeated them over and over.  Until I began to fully recognize them I was not able to change and modify them.  The markets consist of millions of participants who do not recognize that they are collectively repeating their patterns of buying and selling through time….
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Rick Santelli: “We Can’t Afford Our Bills Any More! We have 100 Trillion Dollars of Unfunded Liability!”

David Morgan: The Public will Rush into the Mining Equities!

Eichengreen on the Gold Standard, the Dollar Standard, and a New Global Currency Order!

• Welcome to Capital Account. Yesterday the GOP made a counteroffer to the White House’s Fiscal Cliff proposals. Also, on Sunday, House Speaker John Boehner told Fox News “The president is asking for $1.6 trillion worth of new revenue over 10 years, twice as much as he has been asking for in public.” Today the conversation on the Fiscal Cliff continued with President Obama giving his first post-election one-on-one interview to Bloomberg. Even with the back and forth debate over the national debt, the US continues to enjoy  an exorbitant privilege: issuing the global reserve currency. And despite a credit downgrade and more Federal Reserve money printing, the dollar has held up relative to other currencies. But do these 24/7 deficit debates undermine perceptions of America and the dollar’s position in the international monetary system? Recently, international news agencies have headlined the US’s troubles, from Der Spiegel exclaiming “US Set to Restage Greek Tragedy” to Xinhua proclaiming “No Deal In Sight for US Fiscal Cliff.” We talk to Barry Eichengreen, professor of economics at UC Berkeley and author of Exorbitant Privilege, about Uncle Sam’s privilege despite the budget woes, and he assesses the competitive currency landscape.
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  Plus, the US dollar index fell to a six-week low this morning.  The drop was due to concerns over a Fiscal Cliff deal, according to Reuters. But what does the so-called dollar index really gauge when it comes to the greenback’s true value? We break it down in today’s Word of the Day.
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  And can paying people to track the comings and goings of private corporate jets and the big-whigs on them amount to insider trading? Lauren and Demetri talk about investor creativity in today’s “Loose Change.”

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Gregory Mannarino: This Market “Holding Pattern” Is Dangerous!

STOCK MARKET ON THE BRINK: Economic Riots in Our Near Future!

Rob Kirby: THE US$36 Trillion DTCC FRAUD – It’s Owned By The Banks!

• In this MUST LISTEN interview Rob Kirby of Kirby Analytics talks about the epic fraud of the DTCC – and their claim that $36.5 Trillion in securities have been compromised by flood waters from Hurricane Sandy. Rob asks, “WHY is this even a story at all??”  We also cover the breakdown of capitalism and rule of law, which thanks to 9/11, naked shorting and endless other epic crimes is now nearly complete. Oh, and only in an environment as corrupt as this could Paedophile’s be in positions of power for decades.

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MARC FABER & JIM ROGERS: ‘Obama Is A Disaster, The Stock Market Should Have Fallen 50%, And You Should Buy Yourself A Machine Gun. I Need To Buy A Tank…’ ‘It’s Going To Be More Inflation, More Money Printing, More Debt, More Spending…’

• MARC FABER & JIM ROGERS: ‘Obama Is A Disaster, The Stock Market Should  Have Fallen 50%, And You Should Buy Yourself A Machine Gun. I Need To Buy A  Tank…’ ‘It’s Going To Be More Inflation, More Money Printing, More Debt, More  Spending…’! 
  by http://investmentwatchblog.com/ 
  Marc Faber, publisher of the Gloom Boom, & Doom Report, told Bloomberg  Television’s Trish Regan and Adam Johnson on “Street Smart” today that “Mr.  Obama is a disaster for business and a disaster for the United States” and that  he “thought that the market on his reelection should be down at least 50%.”
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  Faber also said “I doubt [Obama] will stay at the presidency for another four  years. I think there will be so many scandals” and that investors should “buy themselves a machine gun.”
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  Faber on President Obama’s reelection:           
  “I am surprised with the reelection of Mr. Obama. The S&P is only down  like 30 points. I would have  thought that the market on his reelection should be down at least 50%…I think  Mr. Obama is a disaster for business and a disaster for the United States. Not  that Mr. Romney would be much better, but the Republicans understand the problem  of excessive debt better than Mr. Obama who basically doesn’t care about piling  up debt. You also have in the background Mr. Bernanke, who with  artificially low interest rates enables the debt to essentially escalate  endlessly.”
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Stocks Plunge as Worries Return About Fiscal Cliff, Europe!

• Stocks Plunge as Worries Return about Fiscal Cliff, Europe! 
  by http://www.moneynews.com/ 
  The Dow industrials lost more than 300 points in a sell-off on Wednesday that  drove all major U.S. stock indexes down over 2 percent in the wake of the presidential election as the looming “fiscal cliff” debate and Europe’s economic troubles returned to the forefront.
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  The Standard & Poor’s 500 Index posted its biggest daily percentage drop since June, with all 10 S&P sectors solidly lower and about 80 percent of stocks on both the New York Stock Exchange and the Nasdaq ending in negative territory. Both the Dow and the S&P 500 closed at their lowest levels since early August.
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  Financial stocks and energy shares, two sectors that could face increased regulation after President Barack Obama’s re-election, were the weakest on the day. The S&P financial index lost 3.5 percent, while the S&P energy index fell 3.1 percent. An S&P index of technology shares slid 2.8 percent as the stock of Apple Inc entered bear market territory.
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  Obama’s victory had been anticipated, though many polls indicated a close race between the president and Mitt Romney, his Republican challenger, going into election day.
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  The election was considered a major source of uncertainty for the market, but now the focus turns to the fiscal cliff, with investors worrying that if no deal is reached over some $600 billion in spending cuts and tax increases due to kick in early next year, it could derail the economic recovery.
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  The Republican Party retained control of the U.S. House of Representatives, while the Senate remained under Democratic control.
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  David Joy, chief market strategist at Ameriprise Financial in Boston, said this kind of divided government was disappointing “since that configuration has resulted in gridlock and there’s no clear path towards unlocking that.
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  “It holds implications for how quickly we resolve the fiscal cliff issue, or whether it gets resolved at all,” said Joy, who helps oversee $571 billion in assets.
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  The market’s losses were broad, with pessimism exacerbated by overseas concerns after the European Commission said the region would barely grow next year, dashing hopes for improvement in the short term.
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Keiser Report: Financial Earthquakes!

• In this episode, Max Keiser and Stacy Herbert discuss High Frequency Trading being declared ‘beneficial’ by a scientist working for the UK government while on the other side of the pond, a US regulator blames it for wild volatility and compares it to “Texas Hold ‘Em-Time to Fold ‘Em.”  They also In the second half of the show, Max Keiser talks to tax expert, Lee Sheppard, about High Frequency Trading, a Financial Transaction Tax and siphoning gasoline from a neighbor’s gas tank and claiming to be a market maker.

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Marc Faber: Get Ready for Euro Zone Break-Up!