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Forty-four percent of Republicans agree that armed revolution may be necessary to protect American liberties, according to a gun control poll conducted by Farleigh Dickinson University (pdf). Eighteen percent of Democrats and 27 percent of independents agree that Americans may need to take up arms against their government, the study’s authors found. The study also found a stark contrast between Democrats and Republicans’ views on gun control legislation. While 73 percent of [...] From Alex Jones’ Prison Planet: The National Rifle Association has obtained a Department of Justice memo calling for national gun registration and confiscation. The nine page “cursory summary” on current gun control initiatives was not officially released by the Obama administration. The DOJ memo states the administration “believes that a gun ban will not work without mandatory gun confiscation” and thinks universal background checks “won’t work without requiring national gun registration.” Obama [...] Recent Optimism “Making Gold’s Safe Haven Properties Redundant” as Market “Driven by Currency Moves”London Gold Market Report from Ben Traynor BullionVault Monday 11 February 2013, 06:45 EST
Recent Optimism “Making Gold’s Safe Haven Properties Redundant” as Market “Driven by Currency Moves”
U.S. DOLLAR gold prices fell to a one-week low Monday morning in London, dropping to $1660 per ounce, as dealers in Asia reported quiet trading, with China celebrating the Lunar New Year holiday.
“We are neutral [on gold] until the current consolidation resolves itself,” says the latest technical analysis [...] Stefan Riecher The European Central Bank said banks will next week repay more of its emergency three-year loans than economists forecast in another sign the euro region’s debt crisis is abating. Some 278 financial institutions will return 137.2 billion euros ($184.4 billion) on Jan. 30, the first opportunity for early repayment of the initial three-year loan, the Frankfurt- based ECB said in a statement today. That compares with the median [...] President Obama may win re-election, but if he does it appears it will be without the legions of fervent supporters and big enthusiasm that propelled him to victory four years ago. In the latest Washington Post-ABC News poll, Mitt Romney’s supporters are about as enthusiastic about supporting him in November as are those who back Obama. This is a stark contrast from the Post-ABC poll earlier this month, as well as [...] New Figures Show Capital Leaving Amid Concerns Over Nation’s Growth Prospects; Real-Estate Buyers Also Look Abroad By TOM ORLIK BEIJING—Investors and companies are increasingly pulling money out of China and its currency in a vote of concern over its growth prospects, a development that could hinder Beijing’s efforts to spark a turnaround. New data published by China’s central bank Tuesday showed China’s banks were net sellers of 3.8 billion yuan ($597 million) in [...] It’s more expensive than ever to Bank in America, a new study by Money Rates.com shows. Since the end of 2011, the average checking account fees rose in every major category, a stark contrast to the 72 percent of credit unions that still offer free checking. Here’s where banks are really hitting consumers in the wallet: Minimum required to open an account. The average amount required to open a checking account was $408.76 in this survey, [...] The world has looked on in shock during recent weeks as Michael Jackson’s family have become mired in a dramatic, and very public, feud. There have been startling allegations of kidnap and criminal fraud, and even a fight in the family home that was described as being ‘like something from Jerry Springer’. At the heart of the conflict is a dispute over Jackson’s will, and now The Mail on Sunday can reveal [...] From Realtor.com: June 2012 Real Estate Data “The total US for-sale inventory of single family homes, condos, townhomes and co-ops (SFH/CTHCOPS) remained at historic lows with 1.88 million units for sale in June, down -19% compared to a year ago, and -39% below its peak of 3.10 million units in September, 2007 when Realtor.com began monitoring these markets. The median age of the inventory dropped to 84 days, which is down -9.67% on an [...] During the heated U.S. Senate race in Massachusetts, Elizabeth Warren and Sen. Scott Brown were asked questions, then wrote down their answers – the questions were on foreign policy. The contrast between the two was telling. One particular question stuck out: ’Was the War in Iraq, which ended last year, a worthwhile effort or was it a mistake from the start? About 4,500 US military members were killed and another 32,000 injured. What was accomplished in [...] By Farid Khavari
The residents of Miami-Dade County need and deserve more than a balanced budget achieved by cuts and layoffs. This is a direct path to financial disaster for our county. What Miami-Dade County residents need instead is a bright future with prosperity and economic security.
In stark contrast to all other mayoral candidates, I have a precise and well-thought-out economic plan to create a bright economic future for all Miami-Dade [...] A Russian ship carrying attack helicopters that was prevented from sailing to Syria has been refitted with a Russian flag, rousing suspicions it is preparing for a second attempt. The MV Alaed, carrying air defence systems and helicopters to Syria, was forced to return to port last week after its British insurers withdrew their coverage as the ship rounded the coast of Scotland. The Foreign Office and Treasury had warned the insurance company, Standard Club, [...] Greek party Syriza: ‘Deal shows Europe abandoning policy of austerity’ Angry Greeks are demanding better terms on their country’s bailout after Spain was handed what they see as a ‘no-strings attached’ €100billion cash [...] Official data from the US Federal Reserve have laid bare the eye-watering size of trading positions built up by JP Morgan’s chief investment office in synthetic credit indices, raising further questions about risk management standards at the bank. And In stark contrast to JP Morgan, the Fed data show other major US banks maintained large short positions in investment-grade credit in expectation of a continuation of the rocky market environment that persisted [...] By John Shinal SAN FRANCISCO (MarketWatch) — When it comes to comparing blockbuster Internet IPOs, make no mistake: The sequel produced by Facebook will be a bigger hit than the original from Google eight years ago. At the same time, however, the very success of this week’s Facebook FB 0.00% offering will make it harder for retail investors to make the kind of money on its shares that they did on Google GOOG +0.27% , which [...] Submitted by Mark Grant, author of Out Of The Box State Guarantees “Countries were additionally asked about the amount of state guarantees. These do not form part of government debt, but are a contingent liability.” I am asked so often about this that I wanted to print out the exact wording from the European Statistics office. In fact, no contingent liabilities are calculated in any government’s debt to GDP ratio [...] by Michael Pollaro The next Great Recession is in the making. The money supply trends say so. And it is looking more and more like this next Greater Recession is going to be one for the ages… The money supply, as measured by THE CONTRAIAN TAKE‘s broad (and preferred) TMS2 metric (TMS for True “Austrian” Money Supply), posted a 14.6% year-over-year increase in February, making this the 39th consecutive month of double digit year-over-year rates of [...] BY DANIEL AMERMAN CFA When we look at broad measures of jobs and population, then the beginning of 2012 was one of the worst months in US history, with a total of 2.3 million people losing jobs or leaving the workforce in a single month. Yet, the official unemployment rate showed a decline from 8.5% to 8.3% in January – and was such cheering news that it set off a stock rally. How [...] When we look at broad measures of jobs and population, then the beginning of 2012 was one of the worst months in US history, with a total of 2.3 million people losing jobs or leaving the workforce in a single month. Yet, the official unemployment rate showed a decline from 8.5% to 8.3% in January – and was such cheering news that it set off a stock rally. How can there [...]
Uploaded by LeakSourceArchive on Feb 24, 2012 BY VICTORIA MCGRANE AND JON HILSENRATH The Federal Reserve has operated almost entirely behind closed doors as it rewrites the rule book governing the U.S. financial system, a stark contrast with its push for transparency in its interest-rate policies and emergency-lending programs. While many Americans may not realize it, the Fed has taken on a much larger regulatory role than at any time in history. Since the Dodd-Frank [...] VICTORIA MCGRANE AND JON HILSENRATH The Federal Reserve has operated almost entirely behind closed doors as it rewrites the rule book governing the U.S. financial system, a stark contrast with its push for transparency in its interest-rate policies and emergency-lending programs. While many Americans may not realize it, the Fed has taken on a much larger regulatory role than at any time in history. Since the Dodd-Frank [...] by Daniel Solin A routine report from Morningstar contains some great advice for investors, if you know how to interpret it. The report notes that passively managed funds (basically index funds) had a net inflow of more than $76 billion in 2011. In stark contrast, actively managed funds, where highly paid fund managers attempt to beat the returns of a designated benchmark, had net outflows of $9.4 billion. [See The 10 Best Places to Retire in 2012.] Here’s the hidden gem: [...] WASHINGTON — President Obama will use his election-year State of the Union address on Tuesday to argue that it is government’s role to promote a prosperous and equitable society, drawing a stark contrast between the parties in a time of deep economic uncertainty. In a video preview e-mailed to millions of supporters on Saturday, as South Carolina Republicans went to the polls to help pick an alternative to him, Mr. Obama promised a populist “blueprint [...] Jae Lee, a U.S. citizen originally from South Korea, is the entrepreneur behind Georgia Chopsticks, which manufactures chopsticks and exports them to China. From CNN: Just one word: Chopsticks. Inspired by his Asian background, an American entrepreneur is turning central Georgia into a fast-growing, job-creating region that makes four million sets of the utensils each week. Jae Lee, a U.S. citizen originally from South Korea, says his company is America’s only chopsticks manufacturer and [...] On Friday, you met John Monteith, a Charlotte, NC print shop executive who was told that he would not be awarded any contracts in conjunction with the upcoming 2012 Democratic National Convention to be held in his town because his shop was not unionized. Given that Charlotte is located in a right-to-work state, this upset John enough that he sought media attention to shine light on what he viewed to be [...] Ros-Lehtinen called the United Nations a ‘stew of corruption, mismanagement and negligence.’ | Reuters By TIM MAK | 8/30/11 6:08 AM EDT House Republicans are planning to introduce legislation Tuesday that will force major changes at the United Nations, an organization that the bill’s author has called a “stew of corruption, mismanagement and negligence.” The bill, by Republican House Foreign Affairs Committee Chairwoman Ileana Ros-Lehtinen, would require the UN adopt a [...] |
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