Archive - 2013 - Blog entry
October 19th
Unlike America, China Is Embracing Bold Reform
Submitted by Asia Confidential on 10/19/2013 12:30 -0500The Chinese yuan has reached 20-year highs versus the U.S. dollar. It's a significant development with potentially huge ramifications for China and the world.
Dollar Breaks Down
Submitted by Marc To Market on 10/19/2013 06:22 -0500Overview of the price action in the fx market.
October 18th
Gold As a Long-Term Investment... And As a Short-Term Trade
Submitted by Phoenix Capital Research on 10/18/2013 12:49 -0500
According to King, since losing its peg, Gold has risen 37.43 fold since 1967. That is more than twice the performance of the Dow over the same time period (18.45 fold). So much for the claim that stocks are a better investment than Gold long-term.
ANTi-RaDiaTioN UNDeRWeaR...
Submitted by williambanzai7 on 10/18/2013 12:42 -0500That's right, you heard what I said...Anti-Radiation Underwear!
Gold Is A Reserve Of Safety - ECB President
Submitted by GoldCore on 10/18/2013 12:34 -0500But I never thought it wise to sell it, because for central banks this is a reserve of safety, it’s viewed by the country as such. In the case of non-dollar countries it gives you a value-protection against fluctuations against the dollar, so there are several reasons, risk diversification and so on.
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Gold Spikes 3% After Debt Ceiling Rises & U.S. Downgrade
Submitted by GoldCore on 10/18/2013 02:42 -0500The U.S. is engaged in fiscal and monetary policies that are akin to a Banana Republic.
In addition to electronically creating out of nothing $85 billion every month to buy its own debt in the form of bonds, the U.S. is also borrowing more money than it is authorized to borrow, from itself again.
October 17th
Apologist for Assassination of Americans to Be Named as New Homeland Security Chief
Submitted by George Washington on 10/17/2013 17:10 -0500Bonus: Did the Saudi Intelligence Chief and Other High-Ranking Officials Trade on Inside Information Regarding 9/11?
NSA Revelations Kill IBM Hardware Sales in China
Submitted by testosteronepit on 10/17/2013 13:13 -0500IBM tried to come up with a panic-free explanation for the sudden collapse of hardware sales in China, but the Chinese government had warned of the coming fiasco in mid-August
Paying the Piper: The Cost of the Government Closure
Submitted by Marc To Market on 10/17/2013 10:32 -0500A broad look at the political and economic consequences of the govt shutdown.
Why Do We Continue to Let Academics Dictate the Economy?
Submitted by Phoenix Capital Research on 10/17/2013 09:09 -0500Yellen is yet another academic with no banking or business experience what-so-ever. This makes three in a row (Greenspan, Bernanke, and now Yellen). The results speak for themselves.
October 16th
Americans Have Lost VIRTUALLY ALL of Our Constitutional Rights
Submitted by George Washington on 10/16/2013 23:56 -0500How Many Constitutional Freedoms Have We Lost?
HeLP SToP THe NSA!
Submitted by williambanzai7 on 10/16/2013 20:26 -0500Accute Wiretap Ear spotted...
The Nobel Prize: Do We Have to Agree?
Submitted by Pivotfarm on 10/16/2013 20:00 -0500Once upon a time the person that ended up with the Nobel Prize for whatever it might have been was always the single person to be left standing on the podium in the number one position.
