1Homeland Security To “Regionalize” Emergency Supplies Over Next 90 Days

According to some reports, there has been an acceleration within the emergency planning elements of our government, as if they are anticipating some type of event in the near future. Anecdotal evidence from freeze dried food manufacturers and private bunker construction firms indicates that the government is rapidly purchasing supplies, often leading to shortages for civilians trying to do the same.

http://www.shtfplan.com/emergency-preparedness/homeland-security-to-regionalize-emergency-supplies-over-next-90-days_11012010

Jim Sinclair - Gold Bottomed, Dollar Index Headed to 56

An interview with Jim Sinclair...

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/11/3_Jim_Sinclair_-_Gold_Bottomed,_Dollar_Index_Headed_to_56.html

When the Price of Silver Doubles in a Month

“Are you buying gold, silver and oil in fearful response to the Federal Reserve creating so much money that the wholesale debasement of the purchasing power of the dollar, popularly perceived as inflation in prices, is going to cause the gigantic inflation in consumer prices that was actually predicted earlier in the same sentence, spooky and Nostradamus-like, thus proving everything I said?”

http://www.finance-insurance-loans.com/finance/mortgage/when-the-price-of-silver-doubles-in-a-month/

Doubts grow over wisdom of Ben Bernanke 'super-put'

The early verdict is in on the US Federal Reserve's $600bn of fresh money through quantitative easing. Yields on 30-year Treasury bonds jumped 20 basis points to 4.07pc.

!!!READ THE LAST 3 PARAGRAPHS!!!

http://www.telegraph.co.uk/finance/economics/8111153/Doubts-grow-over-wisdom-of-Ben-Bernanke-super-put.html

Citi: Central Banks Are Going To Start Dumping Dollars In The Coming Weeks

With FOMC out of the way and largely meeting expectations, investors are looking for what comes next. We think that reserve managers will contribute to the next stage of USD weakness as QE2 confirms their worst fears about the Fed’s intentions and the quality of their reserves portfolios. To exacerbate their concerns, Global reserves have been growing very rapidly, on a headline basis about 11% over the last year and now are close to USD9trn (Figure 1). While Chinese reserves growth gets a large amount of attention, other countries reserves are growing similarly rapidly.

http://www.businessinsider.com/citi-central-bank-reserve-selling-2010-11?bcsi_scan_24DE46460B4E2EF0=IPKfojC3PU7Zp1dAaUNYYroeXQkHAAAAlmKqBA==

China tees up G20 showdown with US

China has curtly dismissed a US proposal to address global economic imbalances, setting the stage for a potential showdown at next week’s G20 meeting in Seoul.

http://www.ft.com/cms/s/0/03567a28-e8a3-11df-a383-00144feab49a.html#axzz14YXljYT4

Dollar at Risk of Crashing, Triggering Inflation:

Federal Reserve policies have put the US dollar the risk of crashing, which will hammer consumers through higher prices, strategist Axel Merk told CNBC.

Investors should brace for a much weaker dollar [.DXY 76.59 0.71 (+0.94%) ] by diversifying out of the greenback and into currencies of other countries, said Merk, chairman and chief investment officer of Merk Investments, of Portland, Maine.

http://www.cnbc.com/id/40007252

Gold, Silver Surge After Goldman Recommends Buying Gold... Again

Gold continues its push to $1,400. The catalyst: Goldman's David Greely has just released a report on gold saying that: "we expect that gold prices will continue to rise over the next 12 months to our $1650/toz target as US monetary policy remains accommodative and US real interest rates remain low. Further, the Federal Reserve’s return to quantitative easing and the movement of gold prices to these new record highs could spark renewed investor demand for gold, which has been remarkably subdued in recent months. This represents upside risk to both our forecasts and to gold prices." As Goldman's last call on gold marked a temporary peak in the appreciation, as we expected, this time the top ticking effect will likely be lost. We believe that $1,400 gold to be breached as soon as today.

http://www.zerohedge.com/article/gold-jumps-after-goldman-recommends-buying-gold-again

The BBC bunker they don't want you to know about

It all makes sense, once you know what you're looking at. The 200 acres of thickly wooded hillside, inaccessible by public footpath; the radio mast strategically poking out on top; the hidden entrance, just off the A44 near Evesham, in Worcestershire, surrounded by CCTV cameras and a high-security barrier. But to the passing motorist, there is nothing about Wood Norton Hall to identify it as the site of the BBC's secret nuclear bunker.

http://www.independent.co.uk/news/media/tv-radio/the-bbc-bunker-they-dont-want-you-to-know-about-2121187.html

Freddie Mac Says Net Loss $4.1 Billion

Freddie Mac, the second-largest provider of U.S. residential mortgage funding, on Wednesday said ongoing weakness in housing resulted in a $4.1 billion third-quarter net loss and another draw from the Treasury to maintain positive net worth.

Costs may increase "significantly" as snags in the foreclosure processes at major loan servicing companies increase delays in working with troubled borrowers and selling properties, it warned.


http://www.foxbusiness.com/markets/2010/11/03/freddie-mac-says-net-loss-billion/

30 Reasons Why People Should Be Getting Really Nervous About The State Of The U.S. Economy

http://theeconomiccollapseblog.com/archives/30-reasons-why-people-should-be-getting-really-nervous-about-the-state-of-the-u-s-economy

Caught In A Lie: Bernanke Promised Congress The Federal Reserve Would Not Monetize The Debt But Now That Is Exactly What Is Happening

On June 3rd, 2009 Federal Reserve Chairman Ben Bernanke promised the U.S. Congress that the Federal Reserve would not monetize the debt of the U.S. government. On November 3rd, 2010 the Federal Reserve announced a massive quantitative easing plan which will involve the purchase of 600 billion dollars of U.S. Treasury securities by the middle of 2011. Creating 600 billion dollars out of thin air and using them to buy up U.S. government securities is monetizing the debt. So Federal Reserve Chairman Ben Bernanke has been caught in a lie. Will we ever be able to trust a single word that he says ever again?

http://theeconomiccollapseblog.com/archives/caught-in-a-lie-bernanke-promised-congress-the-federal-reserve-would-not-monetize-the-debt-but-now-that-is-exactly-what-is-happening

U.S. home prices expected to slide another 8%

Nevertheless, the housing market still faces many problems: a weak economy, sluggish hiring, tight mortgage underwriting, falling home prices, and slowing sales.

http://finance.yahoo.com/news/US-home-prices-expected-to-cnnm-28872967.html?x=0&sec=topStories&pos=2&asset=&ccode=

How Western Powers May Have Blown It

QE2 risks currency wars and the end of dollar hegemony ... As the US Federal Reserve meets today to decide whether its next blast of quantitative easing should be $1 trillion or a more cautious $500bn, it does so knowing that China and the emerging world view the policy as an attempt to drive down the dollar. The Fed's "QE2" risks accelerating the demise of the dollar-based currency system, perhaps leading to an unstable tripod with the euro and yuan, or a hybrid gold standard, or a multi-metal "bancor" along lines proposed by John Maynard Keynes in the 1940s. China's commerce ministry fired an irate broadside against Washington on Monday. "The continued and drastic US dollar depreciation recently has led countries including Japan, South Korea, and Thailand to intervene in the currency market, intensifying a 'currency war'. In the mid-term, the US dollar will continue to weaken and gaming between major currencies will escalate," it said. – UK Telegraph

http://www.thedailybell.com/1498/How-Western-Powers-May-Have-Blown-It.html

Quantitative Easing is Economic Suicide

The question being asked all across the world of business news is: Will QE2 be successful? Because this policy is literally economic suicide, the question becomes: Will the Federal Reserve be successful in the assisted economic suicide of the U.S. government? I find this an utterly appalling question -- which highlights the intellectual bankruptcy of government policymakers and the bankers who goad them onward.

http://www.realclearmarkets.com/articles/2010/11/03/quantitative_easing_is_economic_suicide_98740.html

Risk of Inflation, Potential 'Commodity Shock'

Rising inflation in emerging markets, coupled with marked increases in commodity prices, could hurt developed economies, as companies struggle to keep input costs down while seeing precious investment dollars heading overseas, analysts told CNBC.

http://www.cnbc.com/id/39984721

Opium Wars Revisited: Will China Corner The Gold Market?

http://blogs.forbes.com/investor/2010/11/02/opium-wars-revisited-will-china-corner-the-gold-market/

Food Sellers Grit Teeth, Raise Prices

Packagers and Supermarkets Pressured to Pass Along Rising Costs, Even as Consumers Pinch Pennies

Prices of staples including milk, beef, coffee, cocoa and sugar have risen sharply in recent months. And food makers and retailers including McDonald's Corp., Kellogg Co. and Kroger Co. have begun to signal that they'll try to make consumers shoulder more of the higher costs for ingredients.

http://online.wsj.com/article/SB10001424052748704506404575592313664715360.html?mod=WSJ_hp_LEFTWhatsNewsCollection

Gold, silver surge as Fed move punishes dollar

Gold futures surged to a record close Thursday after investors used the U.S. Federal Reserve’s new $600 billion quantitative-easing program as a fresh reason to sell the U.S. dollar.

http://www.marketwatch.com/story/gold-rallies-as-price-drop-lures-investors-2010-11-03