Archive - Apr 12, 2013 - Blog entry
The Entire Economy Is a Ponzi Scheme
Submitted by George Washington on 04/12/2013 23:37 -0500Ponzinomics
The Great Global Tax Grab is Already Underway
Submitted by Phoenix Capital Research on 04/12/2013 18:34 -0500As Cyprus has shown us, when push comes to shove, rule of law goes out the window. I fully expect that when things get really bad in the financial system the money grabs will come fast and furious. Foreign accounts, including possibly even Gold held aboard, will come under attack. Heck, the US got Switzerland to throw its 300-year-old banking secrecy out the window…
Do Markets Sense Trouble?
Submitted by David Fry on 04/12/2013 18:20 -0500Friday saw panic selling in gold as the metal broke $1,500 in a free-fall move. Is this a sign of “risk on” or something more sinister? Perhaps Cyprus is a major seller or there’s a large margin call somewhere. Some even assert some countries with debt problems are selling gold to raise capital to finance their country’s needs.
ASiA AND THe GLoBaL MaNDeLBRoT SeT...
Submitted by williambanzai7 on 04/12/2013 14:27 -0500Some of you might find some of these images disturbing or even exciting...
America Fast Forward - In Reverse
Submitted by Bruce Krasting on 04/12/2013 14:20 -0500One element of the President's budget is a sham.
Big Banks Worth More to Investors Broken Up Into Components than as Giant Conglomerates
Submitted by George Washington on 04/12/2013 11:23 -0500Shareholders Join Bankers, Economists, Financial Experts, Regulators and the American People In Calling for a Break Up of the Giant Banks
I Illustrate How The Irish Banking Cancer Spreads To The UK Taxpayer And Metastasizes Through US Markets!
Submitted by Reggie Middleton on 04/12/2013 10:45 -0500- Bad Bank
- Bank Run
- Bear Stearns
- CDS
- default
- European Central Bank
- European Union
- Fail
- Financial Services Authority
- International Monetary Fund
- Ireland
- Lehman
- Nationalization
- New York Stock Exchange
- OTC
- RBS
- Real estate
- Reggie Middleton
- Royal Bank of Scotland
- Stress Test
- UK Financial Investments
- United Kingdom
And you thought this would stay in Ireland and Cyprus right? Keep hope alive. RBS bailout per UK taxpayer = £1,414 or €1,654 or $2,177. but they didn't tell you everything, did they?
Position Adjustment Ahead of the Weekend, Yen Bounces
Submitted by Marc To Market on 04/12/2013 05:30 -0500Among the surprises of the week: the dollar has not gone above JPY100, JGB yields have risen this week, Portuguese bond yields have fallen.
Bank Earnings Taxed by QE2, Massive Regulation
Submitted by rcwhalen on 04/12/2013 05:03 -0500Cost reductions and layoffs are the drivers for bank earnings... Watch those ski tips.
No Direction Home
Submitted by ilene on 04/12/2013 00:00 -0500Typically the public enters the market after a large run up, in time to buy at the top. Not there yet.
