Now that Helicopter Ben is gone, in order to figure out exactly how this new FED will continue to manipulate the financial markets, we need to know more about new FED Chair Janet Yellen.

First, her background is as an Ivy league left wing liberal, and for many reading this, you may already know everything that you need to know.

Second, she’s a Keynesian economist, which means that she believes in big government and its ability to grow an economy, rather than the primary beliefs of Austrian economists, which credits the individual, and their abilities, with this power. Another primary distinction between the two schools of thought, and this is a major difference, is that Austrian economists define inflation by the amount of new currency printed into circulation. Keynesian economists define inflation as the increase in the price of goods.

If you’ve followed my work for any amount of time at all, you know my views on the definition and cause of inflation, and it’s quite different fro...

Important update from the Wall Street source that I refer to as "top secret", along with important recommendations for all VRA Subscribers.

As you will see below, top secret is looking for a year filled with massive spikes in inflation...and as any informed consumer knows, it has already started.

As I've been reporting, we should absolutely forget what the governments numbers tell us about inflation. They are bold face lies, and regardless of the reporting from the likes of CNBC (a government mouthpiece), the facts make this reality all too clear. 2013 brought us all time highs in the prices of electricity, beef and home rent rates, along with a slew of additional price hikes in the things that we MUST purchase on a daily basis.

From toll booths, to local municipal services, to the airlines price gauging us on luggage (including all of the new fees for carry on luggage) these "hidden" price hikes that we are forced to pay are robbing us ...the common man.

The governments official...

Last Wednesday, the Federal Reserve…that criminal cabal of international bankers and global purveyor of monetary/financial/personal wealth destruction…shocked the so-called experts of Wall Street by continuing their shell game of Quantitative Easing (QE). The FED is moving forward with their unprecedented level of fiat money printing, rather than announcing a “tapering” of their $85 billion/month government debt purchase program. 9 out of 10 economists and stock market experts had predicted that the FED would reduce these purchases by $10-20 billion a month, which would have seen the FED buying ONLY  $70 billion/month in various sovereign debt vehicles. As usual, this overwhelming majority of guru’s was wrong. Dead wrong.

Instead, and as I have predicted and written for more than a year, QE is here to stay…PERIOD. And if we ever see an actual reduction in the FED’s QE, that reduction will be incredibly short-lived…and once renewed, will only ramp-up on steroids…bringing an eventual ...

With the out of control PR that we see in politics it's sometimes hard to separate the truth from the noise, and this is certainly the case when it comes to the truth about the economy. Determining whether or not we have seen an economic recovery (and how strong) under the Obama Presidency often depends on which side you see on TV, so instead, let's break down the cold hard facts...based in real numbers...and find out how our 44th President has done, economically speaking.

The following research comes from market strategist Michael Snyder, writing at Economic Collapse Blog.

Compared to when he first took office, a smaller percentage of the working age population is employed, the quality of our jobs has declined substantially and the middle class has been absolutely shredded.  If we are really in the middle of an "economic recovery", why is the homeownership rate the lowest that it has been in 18 years?  Why has the number of Americans on food stamps increased by nearly 50 percent w...

Lots to cover in our ongoing, real-life Twilight Zone. The reality is that we now live in a Globalized, Central Bank Ponzi Scheme, Fiat Currency Counterfeiting, Tulip Bulb Mania, Cartel Controlled World…and the end-game is going to be ugly…on steroids. The question, as always, is one of timing.

First, a positive note. It was incredible connecting with everyone in Las Vegas for this months m2 Wealth Conference. This was Wealth Masters 16th m2, and based on the feedback and surveys, it may very well have been the best m2 ever. A huge THANK YOU to all the WMI Members that joined us!

Our good friend Wayne Allyn Root received another standing ovation for his keynote address and his new best selling book is nothing short of sensational. If you have not picked up “The Ultimate Obama Survival Guide; How to Survive, Thrive and Prosper During Obamageddon”, I highly recommend that you do so today. It’s chock full of powerful and specific ideas and applications from Wayne, who I personally kno...

We were told well in advance that Hurricane Sandy would be a once in a lifetime storm, and in a major rarity, forecasters actually underestimated a storm.

Katrina, Part Two

It’s hard to find the words for what we are witnessing, but for me, it sure brings back memories from August 2005. Few were prepared for what we are seeing play out this week, and with electricity still out for more than 3.5 million homes and businesses in just New York and New Jersey, and with two-thirds of all gas stations completely out of gas, trust me on this…this situation is about to go from “incredibly bad” to “unthinkably bad”.

And by the way…we have a Presidential election in just four days (with at least 300 polling places that have no power).

A few observations:

While it remains to be seen who will win this election, I cannot help but think back to the environment in 2008…and to the VRA update I wrote immediately following Obama’s election:

“It’s the Economy…Stupid!

This now famous line was attri...

First they ignore you...then they ridicule you...then they fight you...then you win

Mohatma Gandhi

This classic Gandhi quote from more than 70 years ago likely resonates with many of your reading this. We are taught from kindergarten on that we should raise our hand before speaking, that we should act with the rest of the group, and that the majority view is the correct, and therefore the safe view. Many times, individual thinking is frowned upon, and as a result, many (if not most) have become accustomed to the mindset that it's just safer to go along to get along.

Likewise, regardless of your professional occupation, you have probably found that this exact thought process has been ever so subtly forced on you. Throughout life, and regardless of the topic...be it religion, politics, business, relationships, or investing...those that think outside the box, and then have the temerity to share their views with others, can many times be viewed as eccentric and a little kooky, if not ...

I have not always been a long term, independent minded, macro thinker and investor. In my early years on Wall Street, I followed the actions of a senior investment advisor who was an options specialist. He placed anywhere from 1000-5000 options orders DAILY, and his technical analysis was minute by minute, and many times second by second. It took me about a year to realize that this kind of investing just wasn't for me...much too risky and fast moving...with way too much guesswork. Jack (the options specialist) wound up having a heart attack, and while he recovered 100%, he was forced to give up options trading...turns out, it wasn't really his style of investing either.

Within about 5 years into the business, a mentor came into my life that perfectly suited my personality. Ted had been in the industry about 40 years when I met him, and he completely understood how the markets worked and why they worked the way they did. His view was that all successful investing and decision making...

Houston, TX (October 30, 2011) – Wealth Masters International proudly announces details on their 14th m2 Wealth Conference in Maui, December 5-8. The event also marks a significant birthday celebration for WMI, kicking off their 8th year in business. In addition, it will be the world’s first glimpse of PURE, a company focused on life-changing nutrition, anti-aging and wellness. Dr. Becky and Dan Maes, the industry veterans leading PURE, will be there to deliver a sneak preview of the company’s innovative 2012 launch plans.

To mark the occasion and encourage the entire WMI community to be there in force to experience it, Kip Herriage, WMI CEO & Co-Founder has released this special media statement:

"Since opening our doors in January 2005, Wealth Masters has sponsored 17 world class, sold out events (thirteen m2 Wealth Conferences and four m3 Private Wealth Groups). What makes WMI events so popular? Based on the feedback we’ve received over the last seven years, we would have to ...

European Bailout Package Announced  - $1.3 Quadrillion Derivatives Implosion May Be Next

The announcement from the EU has been made, with the initial size of Europes bailout package announced as $1.7 Trillion USD. Details? What details!

As I write this (at 3:30 am cst), the stock markets seem to like the news, with Dow futures up 180 points, and similar gains happening globally. The question is, will the party last?

First, the details as we know them…followed by the HUGE risks that I see coming from this plan.

Here’s what we know so far, and one specific part of it is going to scare the ---- out of the $1.3 quadrillion (in size) derivatives markets, specifically the CDS market, or Credit Default Swaps.

First, the size. Trust me when I tell you that the announced size of $1.7 trillion USD is just the beginning. This “European TARP”…or Euro bank bailout, which is exactly what I predicted would be announced…will allow for a 50% soft default on Greek government debt. This IS a sover...