Archive - Jul 2013 - Blog entry

And the Temple of Asylums...

Surging shale oil production has exposed the lag in the U.S. infrastructure to transport the new domestic energy source in a safe and the most cost-efficient timely manner to the end users. 

According to analysts, the world will end up facing a crisis over water shortages, and it has already begun in many parts of the world; and not just in those that are in Africa.

Why has there been no recovery? Why has the “stimuli” failed so miserably? Why won`t trillions of currency units move the economy into escape velocity? Well, if you have spent the last thirty years consuming your hard earned capital and depleted the pool of real savings there is only one thing to do! Produce more than you consume and save the difference!

This is the #1 reason all the talk of “recovery” and “jobs growth” is totally bogus. If you are willing to fudge numbers and adjust measurements, then sure, things look much better. But the reality is that since 2009, there hasn’t been anywhere NEAR the job growth needed to claim we’re in a recovery.

60 years ago today...

When mistakes are made, lawsuits happen and lawyers, and guys with capital make money.

EU-US trade talks: they were said to have died a slow and painful death (by surveillance) just a few weeks ago when it was revealed by the National security Agency whistleblower (Edward Snowden)

Japanese investors are not simply selling foreign assets. They are selling US assets.

a simple trend line approach may be the best option for navigating a market that has lots of cross currents

Spying: The Big Picture

And now a few words from Cognitive Dissonance's better half on creating a lifestyle change we can live with.

This week's events placed in a broader context.  

Today’s AM fix was USD 1,232.75, EUR 957.40 and GBP 822.55 per ounce.
Yesterday’s AM fix was USD 1,249.50, EUR 961.15 and GBP 819.67 per ounce.

Caught by the NSA...