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Why You Can't Trust The Fed (In 1 Simple Chart)

Submitted by Jeff Opdyke via The Sovereign Investor,

Gold has a message for the market: You’re a nut if you trust the Fed.

In the days since the arbiters of American monetary policy raised interest rates on December 16 - the first rate hike in nearly a decade - gold prices have pretty much gone nowhere. On December 15, the day before the Fed’s announcement, gold closed near $1,065. As I write this, it’s at $1,070 … and it has seen a high of $1,084 and a low of $1,052.

Guest Post: "American Capitalism" No Longer Serves Society

Authored by Paul Craig Roberts,

One hundred years ago European civilization, as it had been known, was ending its life in the Great War, later renamed World War I. Millions of soldiers ordered by mindless generals into the hostile arms of barbed wire and machine gun fire had left the armies stalemated in trenches. A reasonable peace could have been reached, but US President Woodrow Wilson kept the carnage going by sending fresh American soldiers to try to turn the tide against Germany in favor of the English and French.

The Rise Of The Temp Economy: More U.S. Employers Than Ever Want A "Disposable Workforce"

Submitted by Michael Snyder via The Economic Collapse blog,

In this day and age it seems like almost everything is disposable, and many employers have found that they can make a lot more money if they have a workforce that can be turned on and off like a faucet. In America today, there are more than 17 million “independent workers”, and they represent a bigger share of the workforce than ever before.

America Is Being Destroyed By Problems That Are Unaddressed — Paul Craig Roberts

America Is Being Destroyed By Problems That Are Unaddressed

Paul Craig Roberts

One hundred years ago European civilization, as it had been known, was ending its life in the Great War, later renamed World War I. Millions of soldiers ordered by mindless generals into the hostile arms of barbed wire and machine gun fire had left the armies stalemated in trenches. A reasonable peace could have been reached, but US President Woodrow Wilson kept the carnage going by sending fresh American soldiers to try to turn the tide against Germany in favor of the English and French.

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