By Eric Sprott & Etienne Bordeleau

Recent comments by the Federal Reserve Chairman Ben Bernanke have shocked the world financial markets. It all started on May 22nd, 2013, at a Testimony to the US Congress Joint Economic Committee, where he first hinted at tapering the Fed’s quantitative easing (QE) program. Then, on Wednesday, June 19th, during the press conference following the FOMC meeting, the Chairman outlined the Fed’s exit strategy from QE.…

Many observers focus on the economic causes of the widening wealth inequality, but the divide appears to be both cultural and financial.

To say there are haves and have-nots and two major political camps does not distinguish this era from any other. But despite this surface similarity to previous eras, there is a palpable zeitgeist that the nation is bifurcating into two camps which no longer overlap or communicate using the same cultural signifiers and symbology.…

While I’m not a huge Infowars / Alex Jones fan (I find the whole “magaphone thing” detracts from his credibility and he comes across rather foppish, sorry), this entry in the InfoWars Film Contest is just plain awesome.

Bracket off ten minutes and watch this, you won’t regret it.…

The more I listen to David Stockman’s The Great Deformation audiobook, the more enraged I get, and so far there hasn’t been much in there that I didn’t already know.

TARP was a Grand Swindle, perhaps the crime of the century as the better part of a Trillion dollars was injected into the banking system to shield corrupt, incompetent thieves from a cleansing purge that is the basic fundamental mechanism of a free market.…

Not long after the Cyrpus”bail-in” happened markets were spooked when Dutch finance minister Jeroen Dijsselbloem (a.k.a Diesel-BOOM or just D-Boom for short) called it “a template” for future rescue actions.

Notwithstanding that in recent days ECB head Mario Draghi has backed away from the “bail-in as template” position, the “template” seems to have already found its way across the pond – to Canada and popped up in the proposed budget  (PDF) in an innocuous sounding paragraph on page 155:…