50.7%: Capriles demands recount; 300,000 voter ‘incidents’ in Venezuela

Defeated Venezuelan presidential candidate Henrique Capriles has demanded a recount of votes, rejecting the election of Hugo Chavez’s successor as “illegitimate”.

Mr Capriles, who lost by a very narrow margin, said there were more than 300,000 incidents from Sunday’s poll that needed to be examined.

Socialist Nicolas Maduro has called for the results to be respected.

The election was called after Mr Chavez’s death from cancer on 5 March.

Mr Maduro, a former [...]

China’s Gold Volume “Shot Through The Roof” Yesterday Ahead Of Lunar New Year

by GoldCore Gold Bullion

Today’s AM fix was USD 1,653.75, EUR 1,261.06 and GBP 1,028.07 per ounce.
Yesterday’s AM fix was USD 1,653.75, EUR 1,267.82 and GBP 1,029.60 per ounce.

Silver is trading at $30.38/oz, €23.25/oz and £18.95/oz. Platinum is trading at $1,569.50/oz, palladium at $672.00/oz and rhodium at $1,150/oz.

Cross Currency Table – (Bloomberg)

Gold fell $9.90 or 0.6% in New York yesterday and closed at $1,646.40/oz. Silver slipped to a low of $29.84 and [...]

Too little too late, Mr President? Romney DOUBLES his lead in new national poll just hours after Obama goes to war in final TV debate

Rasmussen poll puts Romney at 50% with Obama on 46%
Obama denounces Romney’s policies as ‘wrong and reckless and all over the map’ as pair clash over foreign affairs in third presidential debate
Compares Romney’s criticism of ship numbers being cut to desire for ‘horses and bayonets’ and accused him of playing ‘Battleship’

But Romney stands firm as he attacks Obama’s Middle East ‘apology tour’

Accuses President of letting Iran get ‘four years closer [...]

Paul B. Farrell: Obama or Romney, stock market loses 20% by 2016. Recession, more taxes no matter who wins

Paul B. Farrell
September 20th, 2012
MarketWatch

 

“2013 is gonna be a bummer,” warns Bloomberg BusinessWeek. “Whether it’s Barack Obama or Mitt Romney … someone will have the misfortune of overseeing an economy” with “low growth, persistently high unemployment and huge amounts of debt.”

Worse, the magazine’s poll of 79 economists warns GDP growth will fall further, to 2.1%, with a real “chance the U.S. will be in recession.”

Barack Obama, Mitt [...]

Fed Bankrupting Consumers While Enriching Wall Street as a Matter of Policy?

Majority of Wall Street dealers still expect Fed QE3 … Despite improved hiring last month, most Wall Street economists still expect the Federal Reserve to do more to stimulate growth this year, with the majority looking for action as soon as September. The median of forecasts from a Reuters poll of 17 primary dealers – the large financial institutions that do business directly with the Fed – showed a 63 percent chance thecentral bank will [...]

Market Optimistic on Central Bank Intervention

From Gold Core

Market Optimistic On Central Bank Intervention

Today’s AM fix was USD 1,613.00, EUR 1,300.39, and GBP 1,032.39 per ounce.
Yesterday’s AM fix was USD 1,606.75, EUR 1,299.43 and GBP 1,032.28 per ounce.

Silver is trading at $28.08/oz, €22.71/oz and £18.01/oz. Platinum is trading at $1,415.70/oz, palladium at $582.50/oz and rhodium at $1,100/oz.

Ireland observed a national holiday on Monday.

Gold climbed $8.40 or 0.52% in New York yesterday and closed at $1,611.20/oz. Silver hit [...]

GREEK ‘EURO EXIT’

From FT:

 

Greece is heading for a clash with international lenders as the radical leftwing party that came second in the weekend’s election called for the ripping up of a “barbarous” austerity programme underpinning its bailout and questions mounted about the country’s future inside the euro.

Alexis Tsipras, the 38-year-old leader of the Syriza party that surged in popularity in Sunday’s poll, outlined a five-point plan to be put to conservative and [...]

Germans warns Greece: no cuts, no aid

Leading German politicians warnedGreece on Tuesday that the country would not receive a cent more aid unless it fulfills all the conditions of its international bailout.

An election on Sunday in Greece failed to deliver a parliamentary majority for the two big pro-bailout parties, plunging the country into political limbo and increasing the risk that another vote may be required to resolve the impasse.

On Tuesday, the leader of the Left Coalition party, [...]

Good news from Europe: Greece Focusing on Repudiating Bailout

“Eurozone crisis: Greek left leader renounces bailout deal”
By Helena Smith in Athens, The Guardian

“Frontrunner to form a new government shocks financial markets with remarks over EU and IMF loan agreement.”

The fate of Greece is, on Tuesday night, in the hands of the leader of a far-left party who launched the quest to form a government by declaring the country could no longer commit itself to the terms of an international [...]

Greece in turmoil as public vote against all supporters of bankster bailouts linked to destruction of sovereignty and imposition of austerity on the people:

Greece plunged into turmoil today after an election which rejected a painful international bailout and left big questions over whether the country could avert bankruptcy and stay in the euro.

Amid uncertainty over whether a new government was possible, President Karolos Papoulias gave a three-day mandate to Antonis Samaras, leader of the conservative New Democracy party which won the biggest share of the vote in yesterday’s poll.

Both New Democracy and Socialist [...]

Euro CRISIS: An update on this weekend’s important elections

From Bloomberg:

U.S. stock futures fell, following the Standard & Poor’s 500 Index’s biggest weekly slump in 2012, as France elected Francois Hollande as president and Greek voters flocked to anti-bailout parties, spurring concern Europe’s debt crisis may escalate.

S&P 500 futures expiring in June dropped 0.3 percent to 1,357.8 at 7:31 a.m. in New York, paring an earlier slide of as much as 1.5 percent. The index retreated 2.4 percent last [...]

France to punish early election leaks on websites

PARIS (Reuters) – France plans new measures to clamp down on media and social networks that publish exit polls and partial results of Sunday’s presidential election ahead of their official release, and will not hesitate to sue lawbreakers, the country’s poll watchdog said.

French law forbids pollsters from releasing vote estimates on election day and the day before, but the emergence of technology such has Twitter has made it more difficult [...]

Surprise surge for hard left could scramble French election results

Three weeks from the first round of voting, a surge in support for the hard-left candidate Jean-Luc Mélenchon threatens to scramble forecasts for the French presidential elections.

An opinion poll published yesterday put Mr Mélenchon, 60, in third place with 15 per cent of the vote – the highest for a candidate of the anti-capitalist left since the heyday of the French Communist party 30 years ago.

The rise of Mr Mélenchon, [...]

Sarkozy’s poll numbers will be the victim and a less EU friendly individual will likely win the upcoming election.

Is this a joke? The only ones who CAN win beside Sarkozy are the socialists. And the socialists are even more pro-EU and pro-bailouts than Sarko.

The only ones against all that BS are the FN (Front National) with 15% of the votes compared to Sarko (28%) and Hollande (30%).

Hollande a week ago on the EU :

http://www.lemonde.fr/depeches/2012/03/07/francois-hollande-veut-des-cha…

- He wants euro bonds.

- He wants the ECB to lend to countries and have [...]