Archive - Nov 2013 - Blog entry
November 27th
Something’s Afoot In China: Young Rich Woman Are Buying Maseratis
Submitted by testosteronepit on 11/27/2013 12:07 -0500In the US and Europe, 95% of the buyers are male. Average age is 55. What's different in China?
“Wave Of Disaster” Threatens U.S. Mortgage Market
Submitted by GoldCore on 11/27/2013 09:28 -0500It would likely also deal another blow to the U.S property market and the fragile U.S economy. JP Morgan, Bank of America and Wells Fargo appear to be most exposed - meaning that either taxpayers will again be asked to bail out banks or more likely the coming bail-in regime will confiscate cash from depositors.
The "Anti-Economist" Vs Paul Krugman Who Calls Bitcoin the Anti-Social Network
Submitted by Reggie Middleton on 11/27/2013 09:00 -0500I know why someone who is so wrong can get so much media attention. My big question is why do so many "so-called" smart people actually believe him! We need a new, new media outlet, no?
It’ll Snow-den in Time for Xmas
Submitted by Pivotfarm on 11/27/2013 06:47 -0500Edward Snowden has recently revealed that he has a secret cache of ‘doomsday’ material that will blow the world apart and the US in particular.
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November 26th
Low Growth in the Developed World... Increasing Capital Flight to Asia!
Submitted by Capitalist Exploits on 11/26/2013 17:04 -0500This is a macro global trend well underway and I don't see anything in the cards stopping it.
Why Forecasts of a World Without Carbon-Based Fuel Are Delusional Pt 1
Submitted by Phoenix Capital Research on 11/26/2013 15:20 -0500While the US continues to engage in a delusional energy “debate” about whether we will continue to burn coal and whether natural gas is a panacea, China is struggling to acquire and deploy of energy resources to support its economic growth targets.
War On Sell Side Wall Street - Apple Edition: To $1,000 & Beyond!
Submitted by Reggie Middleton on 11/26/2013 11:02 -0500It's amazing how someone who's been so wrong can get so much airtime, isn't it? Reggie Middleton vs Gene Munster of Piper Jaffray...
China Gold Rush Continues - World’s Largest Jeweller Sees 49% Jump In Sales
Submitted by GoldCore on 11/26/2013 08:18 -0500IN CHINA, THE GOLD RUSH CONTINUES as Chinese people buy jewellery, coins and bars as a store of wealth protection from inflation. The worlds largest jewellery group, Chow Tai Fook Jewellery Group Ltd., established in 1929, saw sales jump 49% during the first half of 2013.
The Stooges are Running the Show, Obama
Submitted by Pivotfarm on 11/26/2013 05:17 -0500It might have been the Republican shutdown (according to one person at the White House, at least). It might have been the fault of the Syrian leader Bachar Al-Assad gassing his people with chemical weapons.
November 25th
Glutathione: Boost Your Health and Help Protect Yourself From Radiation
Submitted by George Washington on 11/25/2013 14:19 -0500Another Public Service Announcement ...
Debt Is Failing as a Driver of Economic Growth
Submitted by Phoenix Capital Research on 11/25/2013 11:39 -0500
In the 1960s every new $1 in debt bought nearly $1 in GDP growth. In the 70s it began to fall as the debt climbed. By the time we hit the ‘80s and ‘90s, each new $1 in debt bought only $0.30-$0.50 in GDP growth. And today, each new $1 in debt buys only $0.10 in GDP growth at best.
"We've Been Conditioned Over The Years To Trust Paper Money"
Submitted by GoldCore on 11/25/2013 09:12 -0500The video covers the race to debase and the manipulation of precious metal prices: "They can mess around with the price all they want, ultimately the price of everything in the long term will be dictated by supply and demand, particulary for a physical commodity like gold".
Thai Capital Plagued By the Biggest Anti-Government Protests in Years
Submitted by smartknowledgeu on 11/25/2013 04:25 -0500More than 100,000 protesters congregated at Democracy Monument in Bangkok yesterday to protest Thai PM Yingluck Shiniwatra’s consideration of an amnesty bill to pardon her banned brother Thaksin Shiniwatra, the former Thai PM ousted from the country in a 2006 coup.
