2011 April | American Pendulum

Syria Braces for 'Great Friday' Protests

Posted by admin World Thursday, April 21st, 2011

Activists across Syria are gearing up for what they call “Great Friday”, the largest protests to date against Bashar al Assad, the president, in what could turn out to be a decisive day for Syria. Al Jazeera’s Cal Perry, reporting from Damascus, said that protests were expected in over 40 cities across the country.

When Religion and American Business Became One

Posted by admin National News/Opinion Thursday, April 21st, 2011

Applying capitalistic business principles to religion and faith has also led untold misery, and has made the Gospel, that churches are supposed to prophetically live and proclaim, almost obsolete.

Israel intellectuals and artists back Palestinian state

Posted by admin World Thursday, April 21st, 2011

The petition also backs the Palestinian drive for recognition by the UN, in the absence of progress in peace talks. Israel opposes any unilateral move.

Jim Rogers Warns on Silver Rising Too Fast Except If Dollar Collapses

Posted by admin Top Stories Thursday, April 21st, 2011

Yes, we’ll have triple-digit silver, but if it happens this year, Jay, I would probably start to think about selling. Now, maybe the US dollar is going to become confetti in 2011, and if that’s the case and silver goes to $150, then obviously I wouldn’t sell my silver. It would be the US dollar which is collapsing. But if silver goes up the way you’re talking about without currency collapse, I would be very worried.

James Turk Said Silver to Reach $400 oz

Posted by admin Top Stories Thursday, April 21st, 2011

James Turk of Gold Money said that he believed silver would reach over $400/oz in 2015. Turk believes that this price will be reached due to massive investment demand in silver due to a possible crash in the dollar and the emergence of inflation and potentially hyperinflation. Turk also believes that the massive concentrated short positions on the Comex held by JP Morgan as alleged by GATA and Ted Butler will propel silver prices higher in a huge short squeeze.

Dollar Tumbles on Fed Predictions

Posted by admin Economy Thursday, April 21st, 2011

The dollar plunged to multiyear lows against most major currencies Thursday, as worries about the U.S. fiscal- and monetary-policy outlook made investors reluctant to hold the currency. Jon Hilsenrath and Michael Derby discuss.

News Hub: Apple Earnings Up, U.S. Dollar Down

Posted by admin Sci-Tech News Thursday, April 21st, 2011

WSJ’s Paul Vigna reports on Apple’s banner earnings report, positive news on jobless claims and performance by the U.S. dollar.

20 Signs That A Horrific Global Food Crisis Is Coming

Posted by admin Economy Thursday, April 21st, 2011

The Economic Collapse Blog In case you haven’t noticed, the world is on the verge of a horrific global food crisis. At some point, this crisis will affect you and your family. It may not be today, and it may not be tomorrow, but it is going to happen. Crazy weather and horrifying natural disasters [...]

Charles Hugh Smith: Our "Let's Pretend" Economy

Posted by admin Economy Thursday, April 21st, 2011

Let’s pretend unemployment is falling. The only way to make losing 7 million jobs look good is to ignore this chart of the ratio of civilian employment to population. The ratio is back to the 1970 level, back before Mom, Sis and Aunty all went to work. This means there are fewer people working to support the population. Fewer workers means higher taxes on those still standing, and higher debt loads on them, too, as they have to service household debt, student loans, underwater mortgages and a Federal debt that’s exploded higher by $1 trillion a year just since the “end of the recession.”

Obama OKs Use of Armed Predator Drones in Libya

Posted by admin Top Stories Thursday, April 21st, 2011

So much for calling this an humanitarian mission! I guess what they are really trying to do is to destabilize the area like they have already done all over the Middle East. Libya should be the wake up call for anyone that thought this man was going to be about “change”. The majority of Americans [...]