GlobalIntelHub2

The Pathology of the Rich – Chris Hedges on Reality Asserts Itself

Paul Jay, Senior Editor, TRNN: Welcome to The Real News Network. I’m Paul Jay in Baltimore. And welcome to Reality Asserts Itself. A few weeks ago, we did a series of interviews with Chris Hedges, and one of the things we talked about was the weakness of the left, the weakness of the people’s movement, if […]

Continue Reading
GlobalIntelHub2

Fidelity Bans IRA Bitcoin Investments Days After Permitting Them

The debate over the institutional use of Bitcoin continues, as Fidelity allows IRA investment into Bitcoin, but then quickly reverses their position: Following what we can only imagine was uproar following our discussion of Fidelity “allowing self-directed IRA holders to ‘invest’ in Bitcoin,” [3] the company has very quickly reversed policy… As MarketWatch notes [4], “On an individual basis, we […]

Continue Reading
GlobalIntelHub2

Prepper Properties

Real Estate is one of the most discussed asset classes (if you can call it that), while not the least understood, those in the business promote certain aspects of real estate through marketing in order to sell their developments, whether they be industrial, commercial, or residential. Inside any crisis portfolio should be some land, land […]

Continue Reading
GlobalIntelHub2

Volcker Rule Ushers in Era of Increased Oversight of Trades

Finally, the Volcker rule is being implemented, after 3 years of debate and modifications.  Although it’s not as originally proposed, today is the first day the rule is being enforced.  It’s questionable though, how much this rule will actually impact the markets.  Banks are now not doing proprietary trading, but other entities will.  What this […]

Continue Reading
GlobalIntelHub2

Welcome to the horror show – 2 Americas

America is a country that is now utterly divided when it comes to its society, its economy, its politics. There are definitely two Americas. I live in one, on one block in Baltimore that is part of the viable America, the America that is connected to its own economy, where there is a plausible future […]

Continue Reading
GlobalIntelHub2

What the Fed can do to save the economy, give money to people, not banks

An Idea! Let the Fed Drop Money into Your Bank Account Instead of Raining it Down on the Rich Dec 08, 2013 – 05:56 PM GMT By: Ellen_Brown The Fed could be an institution that serves all the people, not just the 1%. The Federal Reserve is the only central bank with a dual mandate. It […]

Continue Reading
GlobalIntelHub2

Fate of the US Dollar and impact on your pocketbook

Few realize how the use of the US Dollar in their everyday lives will be impacted if the world shifts away from using USD as a reserve currency.  Many seem to feel detached from economic discussions, as if the rate of the US Dollar will not impact them because ‘they buy everything in Dollars’ – […]

Continue Reading
GlobalIntelHub2

Bitcoin crashes back down to $576 as Wall St. notices

Bitcoin has crashed to $576 and recovered a bit, all in a matter of days, down from it’s high by more than 50%. It was inevitable that a few short days after Wall Street lovingly embraced Bitcoin as their own, with analysts fromBank of America, Citigroup and others, not to mention the clueless momentum-chasing, peanut gallery vocally […]

Continue Reading
GlobalIntelHub2

Bitcoin selling off as Baidu halts Bitcoin payments

Bitcoin being sold off as Baidu halts payments due to ‘value fluctuation’ – another ding in the credibility of the new digital crypto currency. Bitcoin is being sold aggressively on heavy volume as this headline hits: *BAIDU SUSPENDS BITCOIN PAYMENT ACCEPTANCE ON VALUE FLUCTUATION And the official, google-translated announcement from the BIDU website [4]:  [5] This is […]

Continue Reading
GlobalIntelHub2

To taper, or not to taper, with 7% unemployment

The big market debate is when the Fed, if at all, will taper.  Taper means they will not necessarily end the QE program but decrease it.  But another school of thought thinks the Fed may even increase the QE program.  But here’s the strange thing, the Fed said we would be at 7% when the […]

Continue Reading