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TRIPOLI, Lebanon (Reuters) - Four people were killed by sniper fire the north Lebanese city of Tripoli on Sunday, security sources said, raising to 10 the death toll in two days of violence fuelled by sectarian tensions over Syria's civil war.

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NEW YORK (Reuters) - At least four people were killed and 63 injured, including 11 critically, when a suburban train derailed in New York on Sunday, with at least five cars from the Metro-North train sliding off the tracks, officials said.

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``Mr. Enders: It's against our interest to have gold in the system because for it to remain there it would result in it being evaluated periodically. Although we have still some substantial gold holdings -- about $11 billion -- a larger part of the official gold in the world is concentrated in Western Europe. This gives them the dominant position in world reserves and the dominant means of creating reserves. We've been trying to get away from that into a system in which we can control ...''

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``It shouldn't be hard to imagine that these days loss severity has to be running significantly higher than usual... maybe even higher than at any time in our nation's history, but that doesn't answer the question of specific losses in dollars and cents. To do that we have to be able to look inside the trust that holds the loans and see what it has reported in terms of loss severity since its inception.  And that's precisely what you can now do... with an RMBS Trust Liquidation Analysis Report, which you can now order through Mandelman Matters...''

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"As a concept, the idea that instead of phoning everybody all the time you might just have a chat open with your clients to tell them useful things seems eminently logical," Juckes said. "If you give them dumb names and you use them as a place to discuss what your orders are and rig a market, we could obviously see what that might do to the future of chat rooms. If abuse of the technology means that we can't do it anymore, we'll have to find a different way of adding that value."...While chat rooms help information get around more widely and quickly and leave a verifiable written record,
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``The largest U.S. banks may need to pay out up to an additional $105 billion to settle legacy mortgage-related issues, but have a capital cushion that would help them absorb these losses, according to a report by ratings agency Standard & Poor's... Banks have faced a new wave of lawsuits as the government investigates their role in the packaging and sale of mortgage-backed securities comprising of bad loans in the run up to the financial crisis.''

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``"This does not have the characteristics, as far as I'm concerned, of a stock market bubble," Greenspan said in an interview on Bloomberg Television's "Political Capital with Al Hunt," airing this weekend. "It could come out that way but I don't see it at this stage."''

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    The markets are entering a blow off top.   For five years, by keeping interest rates near zero, the Fed has been hoping to push investors into the stock market. The hope here was that as stock prices rose, investors would feel wealthier (the “wealth effect”) and would be more inclined to start spending more, thereby jump-starting the economy.   This has not
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JOHANNESBURG (Reuters) - South Africa will charge one of Nelson Mandela's grandsons with assault and brandishing a gun at another man, a prosecutor's official said on Sunday, in a further embarrassment for the anti-apartheid hero's large and fractious family.

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As reported yesterday, in the aftermath of the violent crackdown on a pro-Europe rally, and the resulting call by the opposition for president Yanukovich's resignation through nationwide strikes, the situation in the Ukraine is increasingly more unstable. Moments ago Reuters reported that Ukrainian nationalist protesters broke into Kiev's city hall and were occupying at least part of the building
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WASHINGTON (Reuters) - The Obama administration declared victory on Sunday in its effort to get HealthCare.gov working smoothly for the vast majority of users, saying the site had reached a goal of handling 50,000 simultaneous users after a five-week "tech surge."

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> My Sunday Washington Post Business Section column is out. This morning, we look at the retail theater that is Black Friday:  Beware of bad Shopmas data! Here’s an excerpt from the column: “The news media aren’t any better. They breathlessly cover shopping as if it were an Olympic event. The big-box retailers play right...Read More

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``Businesses aren't borrowing, because there's nothing to invest in. And there's nothing to invest in because there's no demand. And there's no demand because people's wages are dropping, they have to set aside more money for their daily expenses and retirement, and because the outlook for the future has never been more bleak. So they're not borrowing, the economy is not growing and the prospects for a strong recovery--or even an end to deflation--are minimal to none.''

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Shortly after 7 am Eastern time on Sunday, Metropolitan Transportation Authority police confirmed that a Metro-North train derailed near the Hudson river in the Bronx. The accident occurred near Palisade Avenue near the Spuyten Duyvil railroad station. Photos taken of the accident scene show eight cars derailed.  Edwin Valero was in an apartment building above the accident scene when the
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Shortly after 7 am Eastern time on Sunday, Metropolitan Transportation Authority police confirmed that a Metro-North train derailed near the Hudson river in the Bronx. The accident occurred near Palisade Avenue near the Spuyten Duyvil railroad station. Photos taken of the accident scene show eight cars derailed.  Edwin Valero was in an apartment building above the accident scene when the
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Last month the IMF came up with a 'brilliant plan' to solve the crisis in Europe. As the old continent suffers from record unemployment and a debt pile that has gotten out of control in several (mostly) Southern European countries, the idea is to target savings with a wealth tax. The IMF came up with the idea, or 'theoretical exersize' as the officials like to call it, to introduce a one time off
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BAQUBA, Iraq (Reuters) - A suicide bomber in northern Iraq blew himself up at the funeral procession of a Sunni Muslim tribal sheikh on Sunday, killing at least 10 people and wounding 25, police said.

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The world is heading towards a huge collapse of its fiat currency system with hyperinflation as an inevitable result.  A collapse of the monetary and financial system will wipe out a great deal of wealth held by all classes of citizens throughout the world. However, the destruction of wealth may not be the worst outcome [...]The post MUST WATCH VIDEO: Currency Collapse, Hyperinflation & the Rise of Dictators appeared first on Silver Doctors. Check out these similar articles: Gold & Silver: Hidden Secrets of Money – Currency Vs Money MIKE MALONEY: US Empire in 6th Stage of Collapse, At Risk of Repeating History RIAL Hyperinflation in Iran- Full Blown Currency Crisis a Preview to the Coming Collapse of the US Dollar

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Via AutoCar UK via @RossLMarks

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