Former Congressman Ron Paul (R-TX) told Bloomberg TV’s Erik Schatzker and Sara Eisen today that he is ”concerned about the erraticness of the dollar. The dollar is up, the dollar is down. We print a lot of dollars. The dollar gets devalued. That is really the concern. If people think the gold price up and down is a reflection of something wrong with gold, no, I say it is something wrong [...]
|
||||||
    |
2 million Americans will lose unemployment insurance by January 1 and the debt ceiling limit being hit on December 31st. from MyBudget360.com: To most of America the fiscal cliff is some sort of fiscal enigma. Most realize that we are spending more than we are bringing in and also that taxes are part of our system. What most have a harder time understanding is the machine of the Fed and how it selects [...] From Zero Hedge: Sometimes a picture paints a thousand words. In the case of this chart, it paints an expectation of around 300 S&P points (to the downside). The strange symmetrical exponentiality of the last four years can only be marveled at in its reflection of greed and fear catalyzed by the machinations of an increasingly impotent central banking cartel. Trade accordingly. Read full article … Infowars.com Part two of Paul Joseph Watson’s interview with You Tube star Sheila Martin in which we discuss the so-called “zombie attacks” that have exploded this year. Could a secret virus be behind these horrific acts of violence, an environmental cause, or is this just a reflection of the fact that society is slowly collapsing? Mike Adams Exposes The Zombie Conspiracy – http://www.youtube.com/watch?v=wSvL77DS5Vs Miami Zombie Shoots up Bath Salts – Infowars Nightly [...] With everyone confused over why Draghi has put himself in a position from which he can’t deliver and satisfy the market one hour ahead of the ECB announcement, and everyone placing their last bets on the EUR and the SPGBs before the ECB press release hits without really having any clue what the Italian has in store that will make both the EuroStoxx and the Bundesbank happy, here are some [...] From David Galland, Managing Director, Casey Research: As much as I read, and despite interacting with very smart people on a daily basis, until just recently I have missed something about our economy that, on reflection, should have been as obvious as the computer screen I spend far too many hours staring at. Allow me to emphasize the point in somewhat stronger terms. That I could have overlooked this particular aspect of the [...] The Spanish government should take a bailout for the country as a whole, not just its embattled banks, as this would be well-received in the bond markets, European Central Bank Governing Council member Jens Weidmann argued in a newspaper interview pre-released Friday. In a summary of an interview published on Germany’s Boersen-Zeitung web page, Mr. Weidmann said “bank balance sheets are always also a reflection of an economy as a whole.” [...]
June 18, 2012
After about an hour’s worth of air traffic congestion delays around JFK airport, I finally departed New York City yesterday evening en route for Vilnius, Lithuania… one of my favorite inconspicuous corners of Europe. The route took me through Helsinki, Finland for a brief connection, and I was on the ground long enough to witness something truly bizarre: a complete and utter lack of people. I could practically count on two hands the number [...] After offering his condolences for the loss today of Dan Dorfman, Charles Biderman, of TrimTabs, takes the Greeks (and Germans) to task. Charles remains long-term bearish on European stocks (and the big US banks). Greeks, it appears from Charles perspective, want to stay in the Euro but on easier terms. This, at first glance, perplexes the less-than-sanguine Sausalitan, given the disastrous economic situation they remain in. However, on reflection, Biderman [...] by charleshughsmith Most informed people are familiar with the concept of Peak Oil, but fewer are aware that we’re also entering the era of Peak Government. The central misconception of Peak Oil — that it’s not about “running out of oil,” it’s about running out of cheap, easy-to-access oil — can also be applied to Peak Government: It’s not about government disappearing, it’s about government shrinking. Central government — the Central State — has been [...] From FT: To many, my analysis will seem overly downbeat. It is not. It is a reflection of a multi-faceted unemployment crisis that politicians, both in America and Europe, are failing to comprehend, unite around, and respond to. Most people seem to have a hard time understanding why the markets do what they do. The only reason I don’t is that I’ve been trading professionally for 30 years. Not that I “got it” when I started out. I didn’t. I had to learn. And I learned much of what I know the hard way. I made a lot of mistakes. I studied my mistakes, I still do, just as much [...] Henry Goldman III, the great-grandson of Goldman Sachs founder Marcus Goldman, says he agreed with Greg Smith’s New York Times op-ed criticizing the firm’s predatory culture.
“I thought it was spot on,” Goldman told Business Insider in an exclusive interview. Now a semi-retired financial professional currently residing in Colorado Springs, Goldman said the culture had changed “for the worse” since the days when his family maintained direct control over the company. He added that Smith’s views on Wall [...] Nearly 90 percent of major U.S. cities had lower unemployment rates in December than the same month a year earlier, a reflection of stronger hiring nationwide. The Labor Department said Wednesday that unemployment rates fell in 329 cities last year. They rose in 37 cities and were unchanged in seven. The national unemployment rate fell in December to 8.5 percent – the lowest level in nearly three years. Employers added 200,000 net [...] by The World Complex Confidence And Ruin Amongst The PIIGS For today’s installment we’ll take a look at the debt:gold ratio for the PIIGS countries to see who puts the IG in PIIGS (perhaps you’ve already guessed). I am using the same methodology used in these postings. The data come from the World Gold Council, the World Bank (albeit indirectly, for instance here), and here. We’ll start off with a look at the biggest of them–Italy. And just for comparison’s sake, [...] |
Custom Search
|
||||
|
Copyright © 2013 InvestmentWatch - All Rights Reserved |
||||||
