Archive - Apr 2012 - Blog entry

New meaning to the words, use it or lose it. 

Even the President of the EU Parliament admitted it. But just then, another plan surfaced that might speed up that scenario.

A Video Take Down of the 49 State AG Fraudclosure Settlement by Attorney Matt Weidner

Would You Like Fries With That?

"They know we're in here now."

Eyeless Shrimp and Other Grotesque Deformities In Gulf Seafood Cause Alabama to “Temporarily” Shut Down Shrimping

TedBits:  The Economic and Financial NO SPIN Zone
Global Macroeconomic Analysis Through the Austrian Lens
By Theodore (Ty) Andros

An underwater earthquake has occurred in Spain and is quite possibly occurring now in Italy.  Killer waves are now headed directly at the central banks and financial systems throughout the developed world and at Europe in Particular.  How long until they hit and do the financial equivalent of Japan’s recent tsunami?  Socialist bureaucrats and progressives on both sides of the Atlantic are locked in death struggles with Mother Nature.  THEY WILL LOSE.

Socialist public servants and banksters in Brussels and Washington are DESPERATELY trying to repeal the law of nature:  You MUST produce more than you consume or PERISH.  Economic systems which are predicated upon the consumption of wealth rather than the production of it are now on their deathbeds.  The obscenity of counting consumption as production, as does Keynesian economics, is exposed for its fundamental flaw -- it counts wealth consumption and destruction as wealth production.  How absurd. 

I do not believe that China or Russia are in any position to dump the US dollar, at least not in the near-term. The US Dollar may one day no longer be the reserve currency of the world. But that day is years and possibly decades out. But the notion that China or Russia could just dump the Dollar and move around the US in terms of trade is unbelievably naïve and greatly underestimates the importance of the US to the global economy.

Support for gold is at $1,612/oz and resistance is at $1,663/oz and $1,684/oz.

Given the dominance of the machines, do flesh-and-blood traders have a chance?

For those who don't subscribe ask a subscriber the difference between valuation note price (pg 10) & AAPL today. I'll offer a lot of opinion on AAPL, GOOG, RIMM, Facebook & GRPN 2:30 at CNBC Streetsigns

Why America is extremely vulnerable to BSE. At a steep cost to the beef industry.

We pay homage to one of the architects and chief implementors of quantitative easing and discuss the end game for the Fed.

Overall, EverBank is showing good current performance, but some of the asset quality factors and trends that I see are of concern for the future.

All you need to read and more.