NEW YORK (PNN) - February 24, 2016 - Today’s new homes sales report was a disaster. Sales fell 9.2% overall, sales in the west plunged 32%, the median price fell 5.7%, and supply rose to 5.8% from 5.1%.

The Econoday consensus estimate was 520,000 (seasonally adjusted annualized) in a range of 505,000 to 550,000. The report shows 494,000.

Compare paper money to a gun defending freedom.

BERN, Switzerland (PNN) - February 18, 2016 - In a world in which QE has failed, and in which the ice-cold grip of NIRP has to be global in order to achieve its intended purpose of forcing savers around the world to spend the taxed product of their labor, one thing has to be abolished: cash.

Financial Armageddon approaches.

NEW YORK (PNN) - December 29, 2015 - Did you know that there are 5 “too big to fail” banks in the Fascist Police States of Amerika that each have exposure to derivatives contracts in excess of 30 trillion dollars? Overall, the biggest FPSA banks collectively have more than 247 trillion dollars of exposure to derivatives contracts. That is an amount of money that is more than 13 times the size of the FPSA national debt, and it is a ticking time bomb that could set off financial Armageddon at any moment.