The folks at FreeGold (FOFOA) believe that when gold revalues to $45,000, silver would fall down to $1.85. They stated this in their recent article, FOFOA: Silver Dollar. Actually, FOFOA’s original calculation was done back in 2001, when they saw gold revaluing to $10,000 and silver down to a measly $.50. At the
Today’s AM fix was USD 1,323.75, EUR 999.20 and GBP 870.29 per ounce.
Yesterday’s AM fix was USD 1,331.50, EUR 1,002.79 and GBP 875.35 per ounce.
Gold fell $3.50 or 0.26% yesterday and closed at $1,322.80/oz. Silver gained $0.10 or 0.51% and closed at $19.72.
Gold rose in early Asian trading, then fell back to
In the early 21st century, it’s become clear that air pollution can significantly reduce the amount of sunlight reaching Earth.
Evidence of the previously unknown phenomenon of Global Dimming, one that scientists believe could dramatically alter global temperatures
Climate scientists have discovered a phenomenon that threatens to disrupt our world. It may already have contributed
Senator Marco Rubio appeared to wipe away sweat during his rebuttal from the Speaker’s conference room in the U.S. Capitol following the President’s State of the Union speech.
At one point, he reached out with his left hand and took a small swig from a Poland Spring water bottle. As the incident generated heavy
Completely useless entertainment. Is that the London Whale?
From the Bible of Paul Krugman:
“Print money. If it works, I was right. If it doesn’t work, it wasn’t big enough.”
Here’s Krugman’s latest column:
Hating on Ben Bernanke
COMEDY: Bernanke’s QE3 Rebuttal
Ctrl-P in the house.
Just for a mindless laugh. Profanity warning.
Esther George, Kansas City’s voice at the Federal Reserve in Washington, sampled barbecue with a business crowd Wednesday and feasted on their views and concerns about the economy.
After all, she told her audience, they’re the ones “who really know what’s going on.”
And then, the president of the Federal Reserve Bank of Kansas City
Editor’s Note: In Foreign Policy Magazine, which is a publication of the Council on Foreign Relations, Harvard professor Stephen Walt writes that he thinks the media is irresponsibly promoting the idea of a war with Iran over the non-existent threat posed by their nuclear weapons program. This article is a rebuttal to Stephen Walt’s March
If Japan Is Broke, How Is It Bailing Out Europe? – It is interesting to note that as the International Monetary Fund wound down its semi-annual meeting in Washington yesterday, the Japanese government emerged as by far the largest single non-eurozone contributor to the latest euro rescue effort. Yes, this is the same government that has been going round
Mitt Romney used a shuttered drywall plant in Ohio as a backdrop for his message that President Obama has failed to create jobs, the Cleveland Plain Dealer reports.
The only problem: The plant closed four years ago during President George W. Bush’s administration.
WASHINGTON, D.C. – Nearly four years after National Gypsum shuttered its drywall plant
April 15, 2012
by Bruce Schneier Chief Security Technology Officer, BT firstname.lastname@example.org http://www.schneier.com
A free monthly newsletter providing summaries, analyses, insights, and commentaries on security: computer and otherwise.
For back issues, or to subscribe, visit <http://www.schneier.com/crypto-gram.html>.
You can read this issue on the web at <http://www.schneier.com/crypto-gram-1204.html>. These same essays and news items appear in the
by Simone Foxman
Earlier this week, Goldman portfolio strategists Peter Oppenheimer and Matthieu Walterspiler wrote that “the prospects for future returns in equities relative to bonds are as good as they have been in a generation,” in a long-term bullish call that shocked even some of the most optimistic investors.
But legendary value investor Doug Kass isn’t having any
by Rob Wile
Freddie Mac CEO Charles Haldeman, Jr. has written a rebuttal to the NPR/ProPublica story that criticized the corporation for making bets that would pay off if homeowners were stuck in onerous mortgages.
In an op-ed published in American Banker, Haldeman defended the corporation’s purchase of inverse floater swaps as a hedging strategy that would limit
The TSA Proves its Own Irrelevance
Have you wondered what $1.2 billion in airport security gets you? The TSA has compiled its own “Top 10 Good Catches of 2011“:
10) Snakes, turtles, and birds were found at Miami (MIA) and Los Angeles (LAX). I’m just happy there weren’t any lions, tigers, and bears…
3) Over 1,200
A Perfect Answer for Ron Paul
It is time that Ron Paul got some help from the rest of America. It is time for influential people such as politicians, scholars, actors, athletes and celebrities to come out and endorse the Ron Paul for President campaign. It is time for every single American to
ECB Balance Sheet Grew Last Week To 2011 High
Europe’s Stalling Economy May Keep ECB Interest Rate on Hold
Long Beach police chief proposes cutting patrols to shore up budget
German Bunds Rise, Italian Spread Widens on Euro Bond Rebuttal
US streets full of formerly middle class (RT Video)
Pasadena leaders balk
ORLANDO, Florida. (AP) — Jurors were to resume deliberations Tuesday in the murder trial of Casey Anthony a day after spending about six hours dissecting it following a rebuttal summation by the prosecution.
Judge Belvin Perry separated the main jury of seven women and five men from five alternates and sent them into the
File Sgt. Lewis Rusgrove, who was initally suspended without pay for 10 days, has resigned from the Barrow County sheriff’s department.
A Barrow County deputy resigned after he was confronted with postings from his Facebook page that included derogatory references to President Obama with terms like “towel headed” and “camel jockey.”