thestatedtruth.com | February 27, 2010
 David Kotok: A Euro Bull Waiting For Storm To Pass Written by Lara Crigger  - February 26, 2010 11:56 AM  David Kotok is the co-founder, chairman and chief investment officer of Cumberland Advisors, a New Jersey-based money management firm. His thoughts on the financial markets have appeared in various media outlets, including CNBC, the […]
thestatedtruth.com | February 27, 2010
Written by Lara Crigger  - Posted February 27, 2010   Dennis Gartman is the mind behind The Gartman Letter, a daily newsletter discussing global capital markets. For over 20 years, The Gartman Letter has tackled the political, economic and social trends shaping the world’s markets, and Gartman himself is a frequent guest on CNBC, Bloomberg and […]
thestatedtruth.com | February 24, 2010
This should pretty much tell the story on copper and the recovery, Goldman has the inside track on many things.   Goldman Sachs Closes Copper Bet on Recovery Outlook By Stuart Wallace Feb. 24 (Bloomberg) — Goldman Sachs Group Inc. ended its recommendation to bet on higher copper prices because of concern that economic recovery […]
thestatedtruth.com | February 24, 2010
This may happen sooner rather then later based on how much real estate they’re building over there (many entire new towns and cities are being built on speculation and sitting empty.)  …..China’s economic growth will plunge to as low as 2 percent following the collapse of a debt- fueled bubble within 10 years, sparking a regional […]
thestatedtruth.com | February 23, 2010
Dan Denning, Reporting From Melbourne, Australia… Recently we claimed that borrowing your way to national prosperity is a sure-fire way to servitude and political instability. Today, we aim to prove it. To do so, we cite this article from Reuters. It suggests that China is using or should use its large holdings of US Treasury […]
thestatedtruth.com | February 22, 2010
thestatedtruth.com | February 22, 2010
A Five-Step Guide to Contagion By Todd Harrison Feb 10, 2010 7:35 am Why European debt matters to the United States Times are tough and those struggling to make ends meet have focused their efforts close to home. That’s a natural instinct but it doesn’t change the fact that problems on the other side of […]
thestatedtruth.com | February 22, 2010
 Dr Joe Duarte February 22, 2010  How Derivative Magic Can Turn Into A Black Hole  The Euro rallied for a period overnight, as rumors of a bailout package from Germany aimed at Greece surfaced. But a denial from the German Ministry of Finance knocked the European currency below Friday’s close. That’s the scenario with […]
thestatedtruth.com | February 22, 2010
February 22, 2010  By George Friedman The apparent Israeli assassination of a Hamas operative in the United Arab Emirates turned into a bizarre event replete with numerous fraudulent passports, alleged Israeli operatives caught on videotape and international outrage (much of it feigned), more over the use of fraudulent passports than over the operative’s death. […]
thestatedtruth.com | February 20, 2010
By Ambrose Evans-Pritchard, International Business Editor . Posted February 20, 2010 . David Rosenberg from Gluskin Sheff said lending has fallen by over $100bn (£63.8bn) since January, plummeting at an annual rate of 16pc. “Since the credit crisis began, $740bn of bank credit has evaporated. This is a record 10pc decline,” he said. Mr Rosenberg […]
thestatedtruth.com | February 18, 2010
WASHINGTON (AP) – The government said Tuesday that foreign demand for US Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion. The reductions in holdings, if they continue, could force the government to make higher interest payments at a time that it is running record […]
thestatedtruth.com | February 18, 2010
What is astonishing is the fact that America is funding a large portion of its newly issued debt by direct purchases from the Federal Reserve. In other words, as private-sector demand for US Treasuries wanes, Mr. Bernanke is creating new money so that Mr. Obama’s government can bail out insolvent financial institutions. Strangely, the American […]
thestatedtruth.com | February 18, 2010
Yields on risker bonds rise sharply and a string of companies cancel share flotations, raising fears that the recovery may falter in coming months. By Ambrose Evans-Pritchard, International Business Editor Published: 7:21PM GMT 16 Feb 2010 Jitters over Chinese credit tightening and default risks in Greece and Dubai are causing bond vigilantes to batten down […]
thestatedtruth.com | February 17, 2010
Fast Company 10 Most Innovative Biotech Companies by Elizabeth Svoboda (Additional Reporting By Erica Westly) 1. Novartis H1N1 put a spotlight on Novartis’s success with vaccines based on cells, a process that’s faster and more reliable than the traditional method of growing viruses in chicken eggs. Novartis won EU approval to sell cell-based flu vaccines, […]
thestatedtruth.com | February 17, 2010
U.S. vs. China: A dangerous phase has begun ……China is a formidable adversary whose ultimate strength is not its military hardware but its economic prowess, and whose diplomatic weapon is not saber rattling but great patience.  By Martin Jacques / February 17, 2010 The spats between the United States and China appear to be getting more […]
thestatedtruth.com | February 12, 2010
Jim Sinclair’s reply to the SocGen opinion of a Euro breakup is reviewed at the end of the article below.                                                   ~~~~~~~~~~~  Euro Area Headed for Breakup, SocGen’s Edwards Says By Alexis Xydias Feb. 12 (Bloomberg) — Southern European countries are trapped in an overvalued currency and suffocated by low competitiveness, a situation that […]
thestatedtruth.com | February 9, 2010
Traders Make $8 Billion Bet Against Euro Traders and hedge funds have bet nearly $8bn (€5.9bn) against the euro, amassing the biggest ever short position in the single currency. Figures from the Chicago Mercantile Exchange, showed investors had increased their positions against the euro to record levels in the week to February 2. The build-up […]
thestatedtruth.com | February 9, 2010
     Russia Vows to Defend Rights              Czarist Creditors Seek Lawsuit By Helene Fouquet and Lyubov Pronina  Feb. 9 (Bloomberg) — The Russian government vowed to defend our rights after French holders of czarist bonds valued at as much as 100 billion euros ($137 billion) threatened to sue the Kremlin and seize property it […]
thestatedtruth.com | February 8, 2010
The fall of great empires have one thing in common……Too much debt!    America presents unsettling parallels with the disintegration of Rome – a decline of moral values, a loss of political civility, an overextended military, an inability to control national borders, and a growth of fiscal irresponsibility by the central government. Do these sound familiar?  […]
thestatedtruth.com | February 8, 2010
This summary from John Mauldin’s “Outside The Box”, is from Simon Hunt, based in London. Simon travels to China many times a year, is an authority on copper and the Long Wave theory of cycles. Points below are summarizd and well taken in my view.   In summary, global economic recovery will disappoint as set out […]
thestatedtruth.com | February 6, 2010
Hmm……secret summit of top world bankers in Australia. We’ll hear more on this next week.   Secret summit of top bankers By George Lekakis and Fleur Leyden From: Herald Sun February 06, 2010 12:00AM World’s top bankers fly in To meet at secret location Trouble on the horizon THE world’s top central bankers began arriving […]
thestatedtruth.com | February 4, 2010
GEORGE GILDER, Gilder Telecosm Forum …… In my view, the United States is making what could be a fatal blunder with regard to China. Liberals who applauded every move toward appeasement of the monstrous Maoist regime now are relentlessly hostile toward the new capitalist leaders who have liberated more people than any other regime in history. […]
thestatedtruth.com | February 2, 2010
Gene Inger’s Daily Briefing . . . for Wednesday February 3, 2010:  Good evening;  Is China trying to ‘buy’ . . .their way into a power posture vis-à -vis the U.S.A.? It’s a question that has dogged us all through the financial crisis domestically. Why would a smart crowd, even knowing (as our forecast […]
thestatedtruth.com | February 2, 2010
Greece Part Of Unfolding Sovereign Debt Story By Mohamed El-ErianGlobal investors worldwide are starting to pay more attention to what is unfolding in Greece. Yet most still think of Greece as an isolated case, just as they did for Dubai a few months ago. With time, they will see Greece as part of a much […]
thestatedtruth.com | February 1, 2010
Gene Inger’s Daily Briefing . . . for Tuesday February 2, 2010: Â Good evening; Â Â A defined surge . . . by the Senior Averages on Monday was not unexpected for the early February start. However; the reigns were actually pulled-back on this express to the upside, even as it appears the move was […]
thestatedtruth.com | January 31, 2010
U.S. Beefs Up Military Presence Off Iranian Shores Sun, 31 Jan 2010 08:50:31 GMT In addition to imposing new sanctions on the Tehran government, the US has reportedly begun beefing up its military presence and war paraphernalia off the Iranian coast. US military officials told AP on condition of anonymity that Washington has taken silent […]
thestatedtruth.com | January 31, 2010
U.S. speeds up arms buildup with Gulf allies Initiatives with Arab nations, military aimed at thwarting Iran attacks By Joby Warrick Washington Post Staff Writer updated 3:37 p.m. MT, Sat., Jan. 30, 2010 DUBAI, UNITED ARAB EMIRATES – The Obama administration is quietly working with Saudi Arabia and other Persian Gulf allies to speed up […]
thestatedtruth.com | January 31, 2010
China Suspends Military Ties With U.S. Sat, 30 Jan 2010 13:48:25 GMT China suspends military exchanges with the US and threatens to impose sanctions on US arms companies over a Washington decision to sell weapons to Taiwan. China’s Defense Ministry suspended military exchange visits with the US, saying the suspension was “in consideration of the […]
thestatedtruth.com | January 31, 2010
Swiss warn UBS bank could collapse GENEVA — Switzerland’s justice minister warned in an interview on Sunday that top bank UBS could collapse if sensitive talks with the United States over a high-profile tax fraud investigation fall through. “The actions of UBS in the United States are very problematic. Not just because they are punishable […]
thestatedtruth.com | January 30, 2010
Greece is running a budget deficit of 12.5%. Under the Maastricht Treaty, they are supposed to keep it at 3%. Their GDP was $374 billion in 2008 (about €240 billion). If they can cut their budget deficit to 10% this year, that means they will need to go into the bond market for another €25 […]
thestatedtruth.com | January 29, 2010
We have many more people simply trying to stay afloat let alone pursuing the middle class ideal. Over 37 million Americans are now part of the food stamp program, not only is this the highest number ever but also the highest percentage of Americans ever to be on food assistance:  More at : http://www.mybudget360.com/
thestatedtruth.com | January 28, 2010
Gloomy Scenarios As Bankers Duck For Cover Jan 27 2010, 3:49 pm by Alan Friedman DAVOS, Switzerland – The U.S. and European economic recoveries could run out of steam later this year, and they could be faced with a prolonged period of low growth, high unemployment, a huge debt overhang on both governments and households, […]
thestatedtruth.com | January 24, 2010
Latin America To Meet On New Currency Sun, 24 Jan 2010 08:40:07 GMT Latin American presidents have organized a meeting to take a step to ‘break’ their dependence on US dollar in regional financial transactions. Venezuelan President Hugo Chavez said on Saturday that the leaders would meet Monday in Caracas. “We’ll have a very important […]
thestatedtruth.com | January 24, 2010
January 22, 2010 Euro Pacific Capital…….John Brownes Market Commentary Having been among the economic engines of Europe for much of the past decade, it appears as if the British economy has run out of steam. Inflation is rising while bankruptcies and unemployment continue to swell. It is a problem that would have left Lord Keynes’ […]
thestatedtruth.com | January 16, 2010
Newest GEAB N°41 Is Available! The Decade 2010 – 2020: Knockout Victory By Gold Over The Dollar  – GEAB N°41 (January 16, 2010) – The US Federal Reserve is no longer able, in reality, to continue its multi-decade combat against the « barbarous relic » in order to guarantee the supremacy of the US […]
thestatedtruth.com | January 16, 2010
Eurozone central-bank president Jean-Claude Trichet yesterday described the idea that Greece will be forced to quit the monetary union because of its huge budget deficits and weakening government bonds. Greece today submits a new budget to the European Commission, aimed at cutting its debts from 113% of annual economic output. “These internal strains are independent […]
thestatedtruth.com | January 14, 2010
thestatedtruth.com | January 7, 2010
Contrarian Investor Predicts Economic Crash in China  By DAVID BARBOZA January 8, 2010 SHANGHAI — James S. Chanos built one of the largest fortunes on Wall Street by foreseeing the collapse of Enron and other high-flying companies whose stories were too good to be true. Now Mr. Chanos, a wealthy hedge fund investor, is working […]
thestatedtruth.com | January 5, 2010
Toyota’s Lexus Holds Off BMW, Keeps Luxury Lead For 10’th Year By Mike Ramsey Jan. 6 (Bloomberg) — Toyota Motor Corp.’s Lexus posted a 22 percent surge in December U.S. sales, finishing its 10th consecutive year in the top spot for luxury autos after fending off a challenge by Bayerische Motoren Werke AG. Lexus sold […]
thestatedtruth.com | January 4, 2010
What To Expect in 2010  by J. R. Nyquist  Weekly Column Published: 1.04.2010 In Roman mythology, Janus was the god of gateways, portals and bridges. He has been used to symbolize the march of time, the transition from one age to another. He is often represented as having two faces: one peering into […]
Coming Soon
bank owned banks congress consumer credit debt Economy education equity fund flow data food stamps foreclosures Free Money gdp gold Government Greece housing inflation Interest rates japan Middle East Money mutual fund outflows net worth new normal Oil pensions PIMCO politics Quote of the Day Real Estate Recession retirement Rich Rich man spending stock market Student Loans taxes tid bits unemployment Wall Street war Wealth Wealthy weather
Copyright © 2026 The Stated Truth
