Archive - Feb 5, 2013 - Blog entry
The White House is "Judge, Jury and Executioner" of Both Drone and Cyber-Attacks
Submitted by George Washington on 02/05/2013 23:33 -0500Bush and Obama Have Set Us Back 800 Years
PHReNoLoGY OF a CeNTRaL BaNKeR...
Submitted by williambanzai7 on 02/05/2013 22:37 -0500"Retrophrenology says why not change a man's personality by hitting him on the head with a hammer, till you raise the right bumps in the right places."--Simon Green
CBO - Everything Is Going To Be Really-Really Great!
Submitted by Bruce Krasting on 02/05/2013 16:42 -0500Everything is going to be on easy street....Chicken in every pot.
The EU's Systemic Corruption Makes Solving the Crisis Impossible
Submitted by Phoenix Capital Research on 02/05/2013 12:19 -0500
Worldwide, politicians are not exactly famous for honesty. However, Europe is a very special case… where just about everyone is lying on just about everything involving the economy and banking system.
The Confidence Crisis In Spain Sends Out Shock Waves
Submitted by testosteronepit on 02/05/2013 12:08 -0500Press conference from hell, slugfest about corruption, even in Germany
THe MoNSTeR...
Submitted by williambanzai7 on 02/05/2013 12:08 -0500What I think of Eric Holder's carnival crusade against S&P...
Tail Risk: Kamala Harris Declares War on Lenders, Loan Servicers in CA
Submitted by rcwhalen on 02/05/2013 11:31 -0500Work in the mortgage market? Never read about Kamala Harris or the CA "Home Owner Bill of Rights?" Read on....
China's Gold Imports From Hong Kong Double To New Record In 2012
Submitted by GoldCore on 02/05/2013 11:25 -0500
Gold climbed $5.70 or 0.34% in New York yesterday and closed at $1,673.50/oz. Silver inched up to $31.86 in Asia, then it fell back to $31.38, and then rose to a high of $31.91, but eased off in afternoon trade and finished with a loss of 0.35%.
Gold rose to a new record nominal high on the TOCOM at 0.156 million yen per ounce. The resignation of Bank of Japan Governor, Shirakawa on March 19 is pressuring the yen as is increased tensions in the Pacific between China and Japan - Japan accused China of targeting a Japanese naval vessel and helicopter.
The Fed, a Senator, and a Grand Experiment
Submitted by clokey on 02/05/2013 10:31 -0500Unfortunately, the spectacular rise of Wall Street’s securitization machine will likely forever frustrate attempts to ascertain the extent to which the Fed is responsible for what happened to the U.S. housing market and financial system in 2008. After all, it wouldn’t be fair to short sell (no pun intended) all the Special Purpose Vehicle sponsors, CDO asset managers, investors, and ratings agencies who, for at least five years, worked so hard to collapse the system.
After Election Obama Doesn`t Care about High Gas Prices
Submitted by EconMatters on 02/05/2013 10:12 -0500The last time prices reached only $95 a barrel WTI the Whitehouse started talking up the SPR release only six months ago. Now that gas prices are higher than ever for this time of year and set to go higher, and we haven`t heard a single mention of the SPRs?
Why does the “Paper Gold” Price Track the Physical Gold Price?
Submitted by Monetary Metals on 02/05/2013 01:58 -0500It’s curious, isn’t it? So-called “paper gold” (a futures contract) has a price that is not only very close to physical gold, but it remains locked to it. This is despite the fact that “paper gold” is reviled in the gold community. Why? What is this mysterious force that binds them tightly together?
