The Big Question We’re Currently Asked About, Relates To The Silk Road Website…Yes, The One That Was Just Taken Down By The FBI…So What Exactly Is Tor, And How Did It Work Anonymously?

| October 4, 2013

Well, Tor seems to be a very deep subject, pun intended…..and in fact we don’t profess to know everything about it, but we’ll try to explain things as best as possible here. Tor was originally an acronym for The Onion Router (TOR),and is free software for enabling online anonymity. Tor directs Internet traffic through a free, worldwide, volunteer network consisting […]

The BitCoin Model Is Being Challenged By A Huge Federal Bust Of Anonymous Internet Kingpin Silk Road Website And Owner

| October 2, 2013

Reuters reports: U.S. law enforcement authorities raided an Internet site that served as a marketplace for illegal drugs, including heroin and cocaine, and arrested its owner, the Federal Bureau of Investigation said on Wednesday. The FBI arrested Ross William Ulbricht, known as “Dread Pirate Roberts,” in San Francisco on Tuesday, according to court filings. Federal […]

The 10 Most Powerfull Corporations In The World

| September 27, 2013

Below are the top 10 corporations by market cap listed in 5 year increments spanning the last 21 years, actually the last increment was 6 years. While the names have changed at the very top, the premise has not.  And…the winner for 2013 is (drum roll) Apple. But pay attention to this, nobody has stayed number one for very long! In fact, most […]

A Picture Tells The Story

| September 25, 2013

  Education flails….then fails for many!  

Time To Send Off Another Letter To Your Congressman….Household Income Figures Since 1975, All Of Us Pinions Vs Memebers Of Congress

| September 20, 2013

Here’s a full history of the Census Bureau’s figures for median household income.  Notice that median household income in 2012 is below the 1989 figure. That’s 23 years. Not so good. Now let’s look at things from 1975, which is the begining of these records…..Median household income has increased by a cumulative, grand total of 11% […]

Donald Kohn Comments Send Him To The Back Of The Line For Next Fed Chairmanship

| September 16, 2013

Wise Dog Sources believe that Kohn is NOT a deregulator as Summers was perceived to be, and his comments that we review below essentially take him out of the Federal Reserve Chairman job opening! Wikepedia: Donald Lewis Kohn (born November 7, 1942) is an American economist who served as the former Vice Chairman of the Board of Governors of the Federal Reserve System. […]

Five Years After A World Economic Meltdown, BIS (Bank of International Settlements) Ex-Chief Economist Warns “It’s Worse This Time”

| September 15, 2013

It’s concerning how so many people now think that “things are different this time”!  But since complacency has hit an all time record, it’s unlikely to end well. The Swiss-based BIS `bank of central banks’ said a hunt for yield was luring investors en masse into high-risk instruments, “a phenomenon reminiscent of exuberance prior to the global financial crisis”. The former chief economist […]

The NSA Knows All About Your Credit Card Spending Habits

| September 15, 2013

Wise Dog Sources: For the third time in the past few weeks Tyler Durden of Zero Hedge has scooped a block buster story on the tracking and recording habits of the NSA (National Security Agency). You can review the previous two stories right here at The Stated Truth by scrolling down to September 2nd (Say It Ain’t […]

Some Interesting Tid Bits About Silver…Or As Some Call It – Poor Man’s Gold

| September 12, 2013

Silver appears to be the metal of the future….especially when one considers that 2/3 of all silver produced worldwide is a by product of lead, copper and zinc mining. Major silver users include the electronic and circut board industry, water purification and growing  industrial uses in China, including production of energy saving solar panels. Silver Atomic Number: 47 Symbol: Ag Atomic Weight: 107.8682 Discovery: Known […]

Are New Bank Notes Around The World Going To Be Made Of Polymer?

| September 12, 2013

“Wise Dog” sources say the new normal in money has started a change from paper to plastic!  The reason being that after initial increased costs, the extra durability of the notes would mean they would last longer.  Canada has already adopted the polymer banknote because it’s cheaper to issue then paper notes. Other countries paying with plastic include: Australia was […]

9-11-2001 Remembered Twelve Years Later

| September 11, 2013

As remembering one of the toughest days in our history passes, let’s not forget those innocent kind souls who lost their lives on September 11, 2001.  God Bless America, Land Of The Free and Home Of The Brave.  

Vladimir Putin, Russia’s President Does An Op-Ed With The New York Times…..

| September 11, 2013

Hmm…..This has to be a first, a Russian president does an editorial in a major U.S. newspaper!  Unbelievable! Truely, it really is. Inquiring minds want to know if Russia’s leading newspaper Pravda would allow President Obama to pen his own Op-Ed in Moscow. Just curious! Here is a major exert on a Russian point of disagreement: “I carefully studied his (President Obama) address […]

Here Are The Most Recent U.S. Crude Oil Import Charts….

| September 4, 2013

The U.S. isn’t “oil  independent” just yet, but we’re working on it!  As you can see from the charts below, most of the OPEC oil imported by the US comes from places other then the Middle East.  Saudi Arabia and Libya are the exceptions.  2013 July vs June Chart Below……. 2013 Year To Date Chart below….. Source: Census Bureau

Say It Ain’t So….The Hemisphere Project (Formerly Known As) Hudson Hawk) Involves Over 4 Billion Recorded Phone Calls Per Day

| September 2, 2013

Here is a spaghetti chart created by the WSJ of the US telecom space. It lays out roughly how many current subscribers (many  from other carriers) pass through  US telecom giant, AT&T.  Submitted by Tyler Durden on 09/02/2013 16:02 -0400  www.zerohedge.com The reason for this is that according to the latest revelations from the NYT, which […]

The China Plan…In Gold We Trust

| August 25, 2013

The China plan would look to eventually back the Chinesse Renminbi currency with Gold, creating a direct trading challenge to the U.S. Dollar. Russia’s Putin has in the past hinted at something similar for the Russian Ruble! Chinese Gold Imports – China Imports 104 Tonnes of Gold in June China just imported 104 tonnes of […]

We Currently Have The Slowest Start To A Hurricane Season On Record…There Have Been None…Not A One, Zippo, Zero, Ziltch!

| August 25, 2013

Unbelievable!  Ok, now we understand better why the commodity market is so unusually tame, especially the softs which have been weak all summer…By definition a soft commodity is a commodity such as coffee, cocoa, sugar, corn, wheat, soybean and fruit. This term generally refers to commodities that are grown, rather than mined, drilled for or raised such as animals.  So […]

Welcome To The Middle East And Have A Nice Day

| August 25, 2013

Sounds like an old Abbott and Costello routine?  Who’s on first….. From K-N Al-Sabah, posted in the FT: Iran is backing Assad. Gulf states are against Assad! Assad is against Muslim Brotherhood. Muslim Brotherhood and Obama are against General Sisi. But Gulf states are pro Sisi! Which means they are against Muslim Brotherhood! Iran is pro […]

New Home Sales Fall To Lowest Level Since Last October While Builder Confidence Rises To Its Highest Level Since November 2005, No Typo, 2005!

| August 23, 2013

So, it’s said by a number of Realtors that interest rate spikes don’t matter to home buyers….um, maybe they should rethink that idea? Yep, maybe rethink it twice! Purchases of new U.S. homes  plunged in July by the most in more than three years while previous month saless were revised down.  Housing in July showed that a […]

Not Sounding Good…Especially Since We’re In An Economic Recovery (Sort Of)

| August 18, 2013

Things that make you wonder….and then question, how could this happen! 76% of Americans live paycheck to paycheck 27% of American have no savings at all 46% of Americans have less than $800 in savings The conversion of America into a part-time working society and the country’s second largest employer – a temp agency. The […]

Baltic Dry Index…A Sinking Ship

| August 6, 2013

Reviewing the overall global trade activity, the Baltic Dry Index shows we remain in record low territory. The global economy is moving at stall speed….   www.kingworldnews.com

The Consumer Appears Taped Out As Income Dropped By The Most In 20 Years…At The Same Time A Trap Door Just Opened, Taking The Savings Rate Back To 2007 Levels

| March 1, 2013

How do we define austerity?  Quit simply we think it means that out into the future… “we’re all going to be poorer”. This sets up a bad game, and looking at the view of the field, it really doesn’t look anything like the ticket they sold us……more specifically, we have  “bad seats, hey buddy…front row behind a pole, and we just sat […]

A Trillion Here And A Trillion There…. And Pretty Soon You’re Talking Real Money

| February 27, 2013

In some cases, a picture is worth a thousand words….in this case, we’re in the trillions. www.jsmineset.com

Fiscal Cliff’s And Slippery Slope’s

| November 19, 2012

Cumberland Associates has this perspective about the world wide slippery economic situation, and failed post-retirement promises made to a trusting populace. Let us get back to the difference between the US and Europe. European peripheral countries waited too long.  Now they cannot fund the promises that they made for retirement and post-retirement benefits, and so they have to […]

New Technologies Set To Make U.S. The Worlds Largest Oil Producer By 2017

| November 13, 2012

This will change everything folks…….Growing supplies of crude oil extracted through new technologies including hydraulic fracturing of underground rock formations will transform the U.S. into the worlds largest producer of oil starting as early as 2017, the Paris-based adviser to 28 nations said in its annual World Energy Outlook. The U.S. met 83 percent of its energy needs […]

Well…

| October 29, 2012

Maybe it’s just aa simple matter of to many video games……or not!

Worst Storm In Last 100 Years Feared For Northeast U.S.

| October 25, 2012

This one is a whopper….“If the storm follows the current hurricane center forecast, we are looking at over $5 billion in damage,” said Chuck Watson, director of research and development at Kinetic Analysis…… New Huricane Sandy may combine with a second storm coming out of the Midwest to create a system that would rival the […]

More On The Upcoming U.S. Election….

| October 25, 2012

Looks like a heavy breeze is blowing accross this windy political road with switch backs at every turn….. The Senate electoral landscape was supposed to favor Republicans, who are defending 10 seats, compared with 23 for Democrats. Democrats now control the Senate 53-47. Republicans must hold all of their seats and pick up four to gain control if President […]

Latest Take On The United States Upcoming Presidential Election

| October 24, 2012

Here is an interesting new projection of the presidential election.  It comes from John Mauldin’s ‘Thoughts From The Front Line’ ….it looks like a toss up to us! According to Bickers and Berry’s analysis, Romney is projected to receive 330 of the total 538 Electoral College votes. President Obama is expected to receive 208 votes – down […]

The Guessing Game….

| September 30, 2012

In This Guessing Game……There Are Four Possible Answers.  So here we go with inquiring minds! With the World on your shoulders,  which one  of  these four outcomes would you look to hitch your horse to…. 1. One who knows and knows that he knows… His horse of wisdom will reach the skies. 2. One who knows, but doesn’t know that he […]

The Best Guess…..

| September 27, 2012

As often is the case, we present some unusual stuff.  Enjoy the ride… The InTrade markets trading on the various outcomes of the Presidential have become increasingly liquid and active in recent weeks. As Morgan Stanley’s Vince Reinhart cleverly notes, by analyzing the odds for control of the Senate, the House, and the Presidential winner, […]

Wal-Mart, Just The Facts Please…

| July 12, 2012

Can small town America survive a local Wal-Mart……Our opinion is that anytime one company controls so many things, it’s not good for anyone!  A study of small and rural towns in Iowa showed lost sales for local businesses ranging from -17.2% in small towns to -61.4% in rural areas, amounting to a total dollar loss […]

Eminent Domain For Underwater Mortgages Is A Very Bad Idea

| June 29, 2012

The use of Eminent Domain to rewrite underwater mortgages would be catastrophic to the future of the housing industry.  It would guarantee that private capital would have no interest in writing future loans for property that could be seized.  Any idea that has no homeowner skin in the game should be dead on arrival! Officials in San Bernardino […]

Savings…Anybody Know What That Is?

| June 26, 2012

Hmm… Survey: More Than 25% of Americans Have No Emergency Savings! By Nancy Stanley While nearly half of Americans don’t have enough money saved to cover emergencies, one-quarter don’t have any money saved, according to Bankrate.com’s Financial Security Index survey. The general rule of thumb is to have enough cash saved to cover at least […]

Bridgewater Has A High Ranking Opinion

| June 26, 2012

Ray Dalio: Don’t Assume That Germany Will Bail Europe Out; Consider The “Fat Tail” A Significant Possibility…….Dalio’s Bridgwater is one of the highest rated hedge funds anywhere, so naturally we highly value their opinion! From Bridgewater’s Daily Observations: Be Careful When Betting Against Human Nature Alliances are shifting in a logical manner. The German-French alliance is breaking down […]

The Real Numbers Are So Bad That It’s Almost Unbelievable!

| March 20, 2012

From the floor of The New York Stock Exchange, Art Cashin asks, who got the new jobs? The King Report’s assertion is that without seasonal adjustment, 2012 payroll numbers have actually fallen 1.8 million jobs instead of a gain as the government says (based on seasonal adjustments)…this is stunning.  And, making matters even worse, the Weekly Leading Indicator is now […]

Watch Out For Those Economic Hairpin Turns, They Are Everywhere…

| March 19, 2012

Spend, spend spend…… The Federal Reserve Flow of Funds Report, issued two weeks ago, reveals the extent of the average mans plight : Forty percent of all credit card users do not pay-off their credit card every month and carry an average balance of $16,000 at an average interest rate of 15%. Total U.S. credit market […]

Pimco’s El-Erian: Portugal Risks Are Rising Fast

| March 18, 2012

Just a friendly reminder…Greece continued to say everything was fine, they said it over and over… until one day not so long later, they admited that it wasn’t.  The next thing you know Greek riots break out because Greece is forced to go on a hard austerity plan. Now we see Portugal in the same sinking boat. We’ve been warned. The head and co founder […]

Japan Wants To Double Its Consumption Tax

| March 3, 2012

Here we are with bad demographics again, add to that another broke social security system, and guess what island are we standing on. Yep, it’s Japan! Now the Japanese government has had an epiphany, and all of a sudden seeks to save a broken down social security system, and “rein in soaring welfare costs”.  Question: But uh, isn’t that a problem worldwide? Yes it is.  So […]

And the Excitment Grows, But Over What!

| February 24, 2012

Wow…every one’s celebrating like it’s 1999, but it isn’t…try 2012? And…we continue to see record lows of Completed Houses for sale.  Anyone still want to celebrate about this? www.zerohedge.com

U.S. Debt In Terms Of GDP (Gross Domestic Product)

| February 15, 2012

So…. for Americans to get debt levels back to the happier times of 2002-03 levels, we’ll need about a 21% debt drop from the peak and a 17% drop from right where we are now.  Back to 2000 will take longer. We’re talking  many years for this to unwind.  www.frontlinethoughts.com

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