Video: Peter Schiff On Fast Money – “The Man Who Called The Collapse”

Almost two years ago he predicted that the financial markets were heading for crisis. At the time he told CNBC, “We’re on the verge of a major, major recession that’s probably going to start by the end of this year, maybe early next year. The housing market is just beginning to unravel. We’re seeing the tip of the iceberg here.”

Prospect of Israel war on Iran ’stronger’

Israeli intelligence sources say the prospect of military action against Iran has increased significantly in the past few weeks.

Israeli sources told the Times on Friday that in the past few weeks Tel Aviv has witnessed an increase in the chances of launching an airborne attack on Iran’s nuclear infrastructure. Continue reading

MSM: Citigroup considers fire sale as shares dive

Bank sees share price drop below $4 in New York for first time in 15 years / Pandit insists Smith Barney is not for sale

Citigroup assembled its board to “think the unthinkable” yesterday, with a fire sale or a break-up of the financial giant on the table. Continue reading