Subscription Options:

Subscribe via RSS

Ten ways you could be wasting tons of money and not even realize it

From LewRockwell.com:

Everyone’s always on the lookout for ways to save money, but sometimes we ignore the fact that we’re actively wasting money every day. Here are 10 ways you might be letting money slip through your fingers:

10. You Ignore Wear and Tear on Your Home
When you own a home, it seems like the repairs and improvements never stop…but you might have missed out on a few important ones. If you’ve [...]

Japanese Pension Funds With $3.4 Trillion In Assets Seek Safety in Gold

by GoldCore Gold Bullion

Today’s AM fix was USD 1,699.50, EUR 1,289.26 and GBP 1,048.10 per ounce.
Yesterday’s AM fix was USD 1,690.00, EUR 1,285.27 and GBP 1,043.21 per ounce.

Precious metals crept higher yesterday and closed with very slight gains for both gold and silver.

Gold closed up 0.22% or $3.80 to $1698.00. Silver closed with a marginal gain of 0.12% – up 4 cents to $32.21/oz.

Prices crept gradually higher in Asian trading [...]

Gas market being rigged like LIBOR

The City watchdog, the Financial Services Authority, is investigating claims by a whistleblower that Britain’s £300bn wholesale gas market has been “regularly” manipulated by some of the big power companies, exploiting weaknesses that echo the recent Libor scandal.

Separately, the energy regulator Ofgem has been warned by a company responsible for setting so-called benchmark prices, ICIS Heren, that it had seen evidence of suspect trading on 28 September, a key date [...]

Government energy watchdog: Your energy bills could soar this winter

From OilPrice.com

The Energy Information Administration has compiled a report that suggests U.S. households should expect their energy bills to be higher this winter due to the forecast of colder temperatures than normal, especially in the Northeast, which will lead to a higher demand.

The report said that households with heating oil systems should expect to see their winter fuel bill, from October 1 to March 31, rise by 19%, whereas those [...]

Europe’s factories braced for power price squeeze

EU member states are expected to close a deal on the bloc’s proposed energy efficiency directive by the end of June amid worries over the consequences it could have over the price of electricity in Europe’s factories.

Factory owners are unnerved by EU’s the upcoming energy efficiency directive, which is set to be agreed at the end of the month.

One of the biggest changes that the bill could bring is an [...]

Electricity bills set to rise to pay for wind farm subsidies – Telegraph

via telegraph:

The study challenges the Government’s claims that energy bills will actually fall in the next eight years because of energy efficiency savings.

The Coalition is relying on the savings to offset the price increases caused by renewable energy subsidies. Those extra costs are added on to household bills in the form of consumer subsidies.

This week the Department of Energy and Climate Change (DECC) will publish its draft energy bill, setting [...]

Is global warming just hot air? World temperatures have risen by just 0.29C in the last two decades

‘Green’ policy burdens will cost families £267 a year extra by 2030

World temperatures have remained almost stagnant in the last two decades,  new figures have revealed.

Temperatures across the globe rose by around a third of a degree last year from the average of 14 degrees Celsius recorded between 1961 and 1990.

In some years, temperatures rose by just 0.29 degrees C while in others they rose by .53 degrees.

Global warming: A [...]

Saving Food From The Fridge

Nicely illustrated, simple and functional ideas for food storage without a refrigerator.

 

The presentation is very artistic. It may just make you decide to try some of the methods.

Saving Food From The Fridge: It Will Taste Better, May Even Last Longer And Reduce Your Energy Bills (January 27, 2012)
“Fridges are a recent invention; for thousands of years, people lived without them, but had many low-tech ways of making food last. Today most [...]

Doc Eifrig: A super-simple way to reduce your energy bills

From Dr. David Eifrig in Retirement Millionaire:

Unplugging appliances is a quick way to save on your energy bills. I know people who plug their appliances into a power strip to help them save. (Instead of turning off several appliances, you can just turn the power strip off.) But many of these people admit they forget to turn the power strip off before leaving home. Now there’s a way to prevent that.

The [...]

UK Duke: Wind farms ‘absolutely useless’

From Telegraph:

In a withering assault on the onshore wind turbine industry, the Duke said the farms were “a disgrace”.

He also criticised the industry’s reliance on subsidies from electricity customers, claimed wind farms would “never work” and accused people who support them of believing in a “fairy tale”.

The Duke’s comments will be seized upon by the burgeoning lobby who say wind farms are ruining the countryside and forcing up energy bills.

Criticism [...]

Cameron says Britain will get through tough times and blames people for being soggy and says they should be more like the Chinese and get out of the doldrums and he says that Britain is a AAA economy:

David Cameron, British prime minister
PRIME Minister David Cameron sought yesterday to lift Britons from the economic doldrums, urging them to show a “can-do” attitude and help make the country great again.

In an upbeat and patriotic speech to his Conservative Party conference, Cameron said he understood that people were struggling with rising inflation and energy bills, stagnant growth and the fear of unemployment.

“But the truth is, right now we need to [...]

Soaring prices push Queen close to ‘fuel poverty’; Monarch switches off lights as energy bills rocket

From FT:

The Queen is coming perilously close to joining millions of her subjects in “fuel poverty” as energy bills for four palaces and a draughty castle absorb a rising share of her income.

About 4m households in England have fallen into fuel poverty, a situation in which a homeowner must spend 10 per cent of their annual income to keep their abode acceptably warm.

The royal household is aware of its predicament. [...]

It is important to remember that Zirp, Twist and Tweak does not represent a healthy Economy.

I am still waiting for the Age of Enlightenment -

Just because Bernanke says “there is no Inflation” does not mean there is no Inflation. Just look at your Food and Energy bills and your gas or Fuel bills and the cost of living, and compare that to your income.

I think that there is actually inflation of Commodity prices, caused by Bernanke’s devaluation of the USD, which [...]

ENERGY PRICES SKYROCKET IN BRITAIN

Scottish Power became the first of the six major suppliers to disclose a new round of price rises. It told five million customers that gas and electricity bills would go up by 19 per cent and 10 per cent respectively.

The increase, which will take effect on Aug 1, will push households’ average annual bills to almost £1,400; the highest level ever.

Other [...]

Skyrocketing oil prices are creating new political risks for President Obama

By Sam Youngman, The Hill

Skyrocketing oil prices are creating new political risks for President Obama, who is considering tapping the Strategic Petroleum Reserve to relieve drivers suffering at the pump.

Republicans, sensing a winning issue, pounced Monday by announcing new hearings on gas prices and warning that tapping the reserves would provide only temporary help to consumers struggling with high gas prices.

Policies backed by the administration [...]

There are a lot of variables in this health bill.

If you have a plan already and the deductible is less than $8000 for your family, it is a “gold” plan and you will be taxed at 40%, from my understanding. If your deductible is over $8000 than you shouldn’t have a tax on your plan at all. But there are other taxes that where put into the bill, that will generate money to go into the health care system. [...]