In what has become one of the most widely read and distributed of our posts, we first introduced the world to the intricacies of legal ‘subordination’ and protection among European bonds back in Januaryof this year (and reaffirmed it specifically for Spain in early June). This strategy proved exceptionally successful in the case of Greece, and has, in recent weeks, also done extremely well in the case of Spain. Since we first noted it, [...]
Two out of every five American adults have not joined Facebook, according to recent poll
But as of March 31, Facebook has 901million users worldwide
About three quarters of elderly people are not on Facebook
Younger non-users – especially women – cite privacy concerns
More than 900 million people worldwide check their Facebook accounts at least once a month, but millions more are Facebook holdouts.
They say they don’t want Facebook. They insist they don’t [...]
By Peter Brimelow, MarketWatch
NEW YORK — Wednesday’s bad break has the bears bugalooing. But one judicious bull is standing firm.
A really scary comment from Elliott Wave Theorist’s Bob Prechter: “In my judgment, the situation is very like that of 1973. …The market has been in a two-year bear market rally, per our interpretation of the Elliott Wave model; and a broad bullish consensus had developed on [...]
While the politicians battle it out over who would be to blame if the American economy hit a brick wall, Gerald Celente from the US-based Trends Journal says the political elite will not recognize simple solutions to curb America’s deficit.
“The country is going bankrupt – just look at the numbers. The numbers do not lie – politicians lie,” nails Celente.
The bigger picture includes the long-predicted devaluation [...]
While a settlement of the U.S. debt impasse may see a sharp correction in the gold price this will only be brief with $1700 gold easily in sight this year and rock solid fundamentals suggest much higher prices in the future.
Author: Jeffrey Nichols
Posted: Tuesday , 26 Jul 2011
NEW YORK -
Despite gold’s recent run up to new historic highs, I believe the yellow metal’s price has far [...]