Archive - 2013 - Blog entry
October 25th
NSA Director Pines for Dictatorship
Submitted by George Washington on 10/25/2013 09:45 -0500"We Ought to Come Up with a Way of Stopping It" ... i.e. the Free Press
Blatant Housing-Bubble: Stating the Obvious
Submitted by Pivotfarm on 10/25/2013 07:24 -0500There are people in the world that go to work every day to end up stating the damn obvious.
October 24th
The Greatest, Most Relevant Speech Ever
Submitted by smartknowledgeu on 10/24/2013 21:35 -0500Every now and then, it is good to refresh knowledge of what is truly important in life. So it’s time to post “The Greatest Speech Ever” by Charlie Chaplin. Charlie Chaplin was known as the greatest silent actor ever. The most powerful excerpts from his speech, still very relevant today, in my opinion, are below:
From the Front Lines of Chicago
Submitted by Tim Knight from Slope of Hope on 10/24/2013 17:54 -0500Everything you say about the U.S. economy jibes with my experience as a real estate investor in Chicago. The vast majority of my tenants are low-income (their rents are mostly subsidized by our fine government), but a couple make a decent living and reside in luxury condos downtown. Based on what I've seen during the past 5 years that I have been doing this, I completely agree that our financial system is totally, utterly screwed.
Switzerland’s Gold Exports Go Through The Roof
Submitted by GoldCore on 10/24/2013 12:23 -0500Jansen notes that this is a new record for exports for the small country with a yearly estimate of 2,912 tons for exports. It is surmised that 1,100 tons of the gold bullion is set to flow East to China or Hong Kong.
The REAL Reason for Saudi Arabia’s Shift Away from U.S.
Submitted by George Washington on 10/24/2013 10:27 -0500China Has Just Surpassed the U.S. As World’s Largest Importer of Oil
The Metrics That Cannot Be "Fudged" Predict 2.6% Real Annual Returns Going Forward
Submitted by Phoenix Capital Research on 10/24/2013 10:11 -0500Earnings can be massaged in countless ways to beat estimates. You can release loan loss reserves, massage depreciation numbers, implement one time charges or writedowns, reprice bonds, etc.
The boom and bust cycle
Submitted by Eugen Bohm-Bawerk on 10/24/2013 08:37 -0500Our hypothesis is simple: if money growth exceeds the GDC metric a deflationary busts will inevitably come. If authorities refuse to accept reality and print more fiat money at the first sign of bust, they may “save the day” but they will “ruin tomorrow”!
As NSA Spreads Disinformation Wooing Hoi Polloi To Shun Innovation, Dead Beat Carriers Represent Biggest Security Threat
Submitted by Reggie Middleton on 10/24/2013 07:21 -0500The guys that control the pipes are most likely where the NSA gets most of its data. Proft can be had in businesses that help end users proof against such blatant snooping, spying and virtual/actual eavesdropping.
October 23rd
Let’s Downgrade S&P, Moody’s and Fitch For Once
Submitted by Pivotfarm on 10/23/2013 18:52 -0500The rest of the world has had enough of the monopoly of the credit-rating agencies that are largely biased towards the US economy and it’s about time that it all came to an end.
Faber: "1 Trillion Dollars A Month" Money Printing Coming
Submitted by GoldCore on 10/23/2013 03:18 -0500Faber, whose advice has protected millions of investors in recent years, warned of a global systemic crisis possibly due to the massive size of the global derivatives market which is now worth over an incredible $700 trillion.
He warned “when the system goes down,” and only plastic credit cards are left, “maybe then people will realize and go back to some gold-based system.” He wisely said that, “I advise everyone to have some gold.”
October 22nd
Based On 100 Years of Data, We Are Likely Nearing a Major Peak
Submitted by Phoenix Capital Research on 10/22/2013 17:00 -0500The fact is that the markets are significantly overpriced. And based on over 100 years worth of data, this kind of overvaluation usually precedes a market peak.
