Archive - Aug 15, 2013 - Blog entry
Fed Losing The Inflation Battle
Submitted by thetechnicaltake on 08/15/2013 21:14 -0500How is the Federal Reserve going to stem the deflationary tide with equity markets at their highs?
Top Security Expert: Treating EVERYONE Like a Potential Terrorist Weakens Our Ability to Protect America
Submitted by George Washington on 08/15/2013 19:55 -0500Mission Creep Is Weakening Counter-Terror Efforts
Housing Bubble Bungle
Submitted by Pivotfarm on 08/15/2013 13:33 -0500The housing market. It would be the done-thing normally to imagine that one might learn from mistakes that have been made in the past; and not only learn from them, but make sure that they don’t happen again.
RoDeO CLoWN GuLaG?
Submitted by williambanzai7 on 08/15/2013 09:40 -0500Who woulda' thought? I know who...
Physical Gold Demand Surges 53% In Q2, Total Supply Down 6% - Price Falls 35%
Submitted by GoldCore on 08/15/2013 08:35 -0500The latest World Gold Council Gold Demand Trends report, which covers the period April-June 2013, confirms again how recent falls in the gold price were due to speculators selling paper gold rather than a decline in actual demand for physical gold.
It highlights, once again, that the price falls have generated significant increases in demand, most notably from store of wealth, jewelry, bullion coin and bar buyers in Turkey, Dubai and the Middle East, Vietnam, India, China and the rest of Asia.
Meanwhile speculators, primarily banks and hedge funds, exited their positions in the gold ETFs and futures markets. This led to liquidations of just 402 tonnes of ETF gold worth only $18.3 billion.
Ebeling: Insolvency at the Fed | Baker: Parasitic FIRE Economy
Submitted by EB on 08/15/2013 04:37 -0500Richard Ebeling on Fed insolvency (technically, it's a nolo due to non-GAAP accounting gimmicks). And, Dean Baker demonizes your favorite False Profits[/Prophets?]: Greenspan, Bernanke and...Summers.
