A basic essential to survivalism is having enough food to eat and water to drink. In today’s modern world, we take it for granted that there will always be food on grocery store shelves, and there are many built-in assumptions with that thought process. Here are a few examples of what could disrupt the supply chain of having food readily available at grocery stores (most grocery stores have less than [...]
From The Big Picture:
I only recall meeting Barton Biggs once (via a green room somewhere), but his legend preceded him.
This list of quotes (Thanks J!) should give you a solid basis as to his thought process and investment philosophy:
* “Good information, thoughtful analysis, quick but not impulsive reactions, and knowledge of the historic interaction between companies, sectors, countries, and asset classes under similar circumstances in the past are all important [...]
President Obama today announced that he now supports
same-sex marriage, reversing his longstanding opposition amid growing pressure
from the Democratic base and even his own vice president.
In an interview with ABC News’ Robin Roberts, the president
described his thought process as an “evolution” that led him to this place,
based on conversations with his own staff members, openly gay and lesbian
service members, and conversations with his wife and own daughters.
“I have to tell you [...]
Everyone is so busy running on the gerbel treadmill just to stay afloat that they miss what is most important.
Maybe this is the problem… everyone is so broke, they can’t even pay attention.
But the market is already discounting the new bonds that will be issued. Lo and behold! We see an inverted yield curve and interest rates over 20%. So before the ink has even hit the paper, the marketplace [...]
A rare occurrence in journalism happened today. Tyler Durden of Zero Hedge is in agreement with – hold on – Paul Krugman of the NY Times.
Both writers point readers to the FAQ from S&P on the downgrades in Europe on Friday. Both hone in on one particular section. I’ll repeat it:
We believe that a reform process based on a pillar of fiscal austerity alone risks becoming self-defeating, as domestic demand falls in line with consumers’ rising [...]
With gold trading $20 higher and silver up almost $2, today King World News interviewed Greg Weldon, Head of Weldon Financial. Weldon has a global following of some of the wealthiest investors in the world including individuals, institutions and financial firms. Last time we spoke with Weldon he mentioned that looking at the money supply, the lowest target for gold doesn’t come into play until we see at least [...]
With gold and silver finishing the week higher, King World News interviewed Greg Weldon, Head of Weldon Financial. Weldon has a global following of some of the wealthiest investors in the world including individuals, institutions and financial firms. When asked about his take on the ongoing crisis, Weldon stated, “The contagion is still raging and it’s too soon to celebrate. This is the problem I have with [...]
Peter Fonda arrives for the screening of ‘The Beaver’ in Cannes Photo: AP
By Richard Eden 6:28AM BST 22 May 2011
Lars von Trier, who was banned from Cannes for praising Hitler, was not the only one making unsavoury comments at the film festival.
Peter Fonda, the star of Easy Rider, suggested to Mandrake that hewas encouraging his grandchildren to shoot President Barack Obama.
“I’m training my grandchildren [...]
by David Pierre
TalkÂ … “it’s already in the market”Â … may or may not be true.
Markets moved and realigned ahead of this announcement in expectations of Fed “help” but have they moved too far or not enough?
Whatever they announce, it better be “good”!
How perverse is this announcement really?
A “bad” announcement in the market is one where the Fed only trashes the Dollar a little.
A “good” one is where they completely capitulate with [...]
The March FOMC minutes released today provide interesting insight into the thought process of the FOMC. In short, the tone of the minutes was one of a Fed that is very cognizant of the danger of a 1937 type scenario in which support is removed too early. The minutes recited the case made by the doves, who are currently dominating policy. Ã¢â‚¬Å“A few members also noted that [...]