Archive - Sep 22, 2010 - Blog entry

Google unveiled a “transparency tool” that gives information about requests it receives for user data or content removal from government agencies. The most recent data set--Jan. 2010 to Jun. 2010--the U.S. reign supreme this time around with 4,287 data requests, up almost 20%.

Just thinking out loud...

Did you know?

Silver is now trading at a 30 year high, is overbought, and bumping up against key technical resistance. Mean reversion can be a bitch. Making 13% in a zero return world. For those who hold physical bars and coins, just keep it locked up and throw away the key. Waiting for $50 an ounce. You can always use your silver dollars to bribe the border guards.

The TRS offers additional answers to the hard questions posed in the media, but are they good answers? I drill in a little deeper, and hope not to piss anybody off. I'm pretty sure I failed.

For nearly twenty years, we haven’t flinched from our prediction that the massive debt build-up of the last generation would precipitate out as a deflationary bust. That is what we still expect, although we now believe there is likely to be a hyperinflationary phase at some point as the financial system implodes. But the bottom line is that no matter how things play out, America’s standard of living will fall more steeply than at any other time since the Great Depression.

Britain has the largest pensions gap in Europe and people need to put £10,300 a year more on average into their pension pot if they want to keep their current standard of living in retirement, new research claims.

The only significance in the FOMC report for September is that there is no change and they are still clueless and scared. They do see a glass half empty. Here's a brief report.