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Mahdi Darius Nazemroaya – Washington’s Financial Currency War on China: The Eclipsing of the US Dollar by the Yuan

The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and opening regional distribution banks for their own national currency. This will give them easier access to capital markets and insulate them from financial manipulation by Washington and Wall Street. Fearing the eclipsing of the US …

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Dave Lindorff – Why Wall Street Reporting is a Joke

It’s entertaining to watch and to read reports in the corporate media about the current stock market decline, which over the course of the last six business days erased $2.1 trillion in the market value of stocks of publicly-traded US corporations (and in a lot of ordinary Americans’ retirement savings). CNN, in an article on Wednesday, had a piece on …

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Pam Martens and Russ Martens – Chinese Stocks Crash Overnight; Will We See Another “Glitch” in New York

Despite unprecedented efforts by the Chinese government to stem the rout in the Chinese stock market that had shaved as much as $4 trillion from share prices before the government’s interventions this month and last, the Shanghai Composite closed down 8.48 percent today at 3,725.558. The overnight rout has raised speculation in some quarters as to whether we are going …

Signs to Watch for a Major Peak in Stocks and Impending Bear Market (Update) – CRIS SHERIDAN

It is said that an image is worth a thousand words. This chart presents a possible roadmap for monitoring the risk of a major peak and bear market by comparing the technical similarities between the prior two market tops and where we are today (click image to enlarge). Red Flag Number One (√) The first technical warning sign indicated in …