The Phaserl


IMF Warns Global Financial Crisis Caused by $152 Trillion Global Debt!

from The Money GPS:

Making The Case For $12,000 Gold & $360 Silver

by Steve St. Angelo, SRSRocco Report:

Global Financial Assets are more inflated and propped up than ever. According to the most recent figures published by The City UK Fund Report, total Global Conventional Assets under management topped $105 trillion in 2014. That’s one hell of a lot of future PAPER CLAIMS.

Unfortunately for […]

Ken Rogoff’s Shockingly Simple Advice To Emerging Markets: Hoard Gold

from Zero Hedge:

Are emerging-market central banks overweight in dollars and underweight in gold? Given a slowing global economy, in which emerging markets are probably very grateful for any reserves they retain, this might seem an ill-timed question. But there is a good case to be made that a shift in emerging markets […]

The REAL Alan Greenspan – Past and Present

by Jeff Nielson, Bullion Bulls:

Regular readers are familiar with a quotation from Alan Greenspan, which has been used in a number ofprevious pieces, dating back to 1966:

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.

Standing alone, the quote appears profound, perhaps […]

Global Government Debt TRIPLE What We Thought in Financial System!

from The Money GPS:

Bill Gross – “Fed Doesn’t Appreciate Global Debt Level”

from Slithreen Guard:


“An absolute minimum price for silver today would be $200/oz. However, a very strong case can be made that the current price of silver should be at least $1,000/oz (USD)”

by Jeff Nielson, Sprott Money:

“Statistics can be used to say anything.”

Many readers are familiar with this cliché, but few understand its real […]

Bank Of Japan Intervenes In The Market To Smash Yen After Nikkei Crashes 700 Points

from Zero Hedge:

Nikkei futures rallied post-Fed into the Japaense open (despite weakness in USDJPY) and then when trade data struck (and exposed the utter failure of competitive devaluation), everything went into freefall. The Nikkei crashed 700 points and USDJPY plunged to its lowest since QQE2… and then – on cue – “someone” started […]

Assets and Liabilities…

by Bill Holter, JS Mineset:

We live in a world where the difference between assets and liabilities has been blurred. In the old days, an asset was something you “owned” while a liability was something you “owed”. Over the years as everything became securitized, someone else’s liability is now routinely someone’s asset but ONLY […]

Jim Rogers on Global Debt

from ET Now:


HOTEL CALIFORNIA ? Which Straw Will Break This Camel’s Back?

from Denali Guide’s Summit:

DO you have to pick one? Pretty much it could be anyone. They take your stock out behind the barn and shoot in the head. Game over. OK so its only wounded, say 20% in a day. Did it put you under water?

Where do we start ? Glencore is […]

Leaked Document Reveals Why China Will Not Unleash Any Major Monetary Stimulus

from Zero Hedge:

Update: moments ago the WSJ confirmed all of this when it reported that PBOC PRIORITIZES STRONG YUAN IN MANAGING LIQUIDITY: WSJ

Goodbye stimulus.

The People’s Bank of China is reluctant to further reduce the required reserve ratio for fear of such a move resulting in the weakening of the yuan,according to […]

This Is The $3.5 Trillion “Neutron Bomb” That Keeps Kyle Bass Up At Night [HINT: Think China]

from Zero Hedge:

Earlier today, CNBC invited Kyle Bass, the man who correctly predicted and profited from the subprime collapse, to discuss what he thought was the biggest threat to the global financial system.

“… what we are going to see next is a credit cycle, and in a credit cycle you see some […]

Is Debt Jubilee Already A Done-Deal?

by Jeff Nielson, Bullion Bulls:

Debt Jubilee is coming. That is to say, Debt Jubilee is coming to the Western world. This is not a prediction, and thus no crystal balls, or other fancy, forecasting techniques are needed. Rather, all that one requires is a rudimentary grasp of the current level of Western insolvency, […]

US Government/Central Bankers Economic Recovery Illusion Has Completely Disintegrated

from X22 Report:

Episode 860a

The 5 Stages of the Silver Stacker

from TruthNeverTold:

Laurence Kotlikoff at MTSU Speaks on Global Economics, US Debt and Risks of Hyperinflation

from MTSU:

Laurence Kotlikoff’s talk, “U.S. and Global Economic Challenges and Solutions”, from the MTSU Economics Speaker Series. Thanks to the MTSU Economics Club and Honors College for help organizing the event.