Wednesday, March 31, 2010
Virginia offshore Drilling a Step in the Right Direction
Former Virginia Governor Douglas Wilder on why he supports offshore drilling on Eastern coast of the United States.
U.S. Stocks Decline as Reports Signal Slower Growth
March 31 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks fell, trimming a fourth-straight quarterly advance, as private reports showed employers unexpectedly cut jobs this month and business activity grew less than forecast. Bloomberg contributor Keith McCullough also speaks. (Source: Bloomberg)
Shell President on New Oil Exploration
Shell President on New Oil Exploration
Shell Oil President Marvin Odum weighs in on President Obamas plans to expand offshore oil drilling.Obama to Allow Drilling Offshore VA Coast
Adam Connors of CK Cooper on President Obamas drilling plan.
4 Differences between a Free and a Paid Merchant Account
The differences between a paid and a free merchant account are their basic fees to be paid, the funds’ delivery time, the requirements and most importantly the “catch”.
A merchant’s main concern in choosing a merchant account is one that will suit his needs and fits his budget. Knowing the difference between a free and a paid merchant account is one step to selecting the best merchant account for your business.
Basic fees
The basic fees needed to be paid for users of a paid merchant account are the application fee, setup fee, monthly account fee, and transaction fee. All fees vary from a merchant account provider to another so it is best to inquire from different choices before settling to the one. The application fee is normally paid at the moment you acquire a merchant account. Though, there are some providers that do not charge this kind of fee at all. Another basic fee is the setup fee which covers the establishing of your account and this also includes other bank related issues. Just like the application fee, this is paid just once in the whole duration of your use. Another would be the monthly account fee which is mainly for the maintenance of your merchant account. This rate may vary with each provider or company. There is only one basic fee which is similar to both free and paid merchant account and this is the transaction fee. This is incurred every time a customer buys something from your e-business. In this matter, paid merchant accounts are well off because it generally takes lower charges compared to free merchant accounts. A free merchant account caters to providing the needed software to run this special program for free. Therefore, you won’t be bothered by set-up fees.
Funds delivery time
For free merchant accounts, you have to be patient in waiting for funds to settle in your bank account especially when you are a first-timer and doesn’t have a prominent name in the business yet. But usually, you have to expect your income for at least three to four business days. On the other hand, the funds delivery time for paid merchant account is far quicker compared to the first. Knowing this, you have to weigh whether you will keep a free merchant account with limitations or apply for a paid merchant account where you can manage to pay for the necessary charges and have the advantage of a faster funds delivery time. This will have to be your choice.
Requirements
For a free merchant account, you are not obliged to yield to a credit check and vice versa for the case of paid merchant accounts. Other than this, paid merchant accounts require you a sufficient amount of money to pay for the fees that will be charged on you. But for free merchant accounts, you will only have to keep track of the transaction fee and nothing else.
The “catch”
With all the benefits of a free merchant account, it’s probably intriguing to know the catch. So here it is. Though this kind of application doesn’t cost a set-up fee initially, you are still incurred to some fees which will be taken out from every transaction made. This is quite expected because if otherwise, the merchant provider won’t be earning profit out of its clients. Another drawback is when your merchant account can be temporarily disabled. This is done by your provider because it noticed that you are earning too much money at a certain span of time. They will say that this will benefit both parties. Also, this deactivation is a method to detect fraudulent practices. Nevertheless, when a client is generating more money, his account will start receiving more funds.
Some things to be cautious of when acquiring a paid merchant account is to avoid credit card terminal leases. A sign of this is a company that offers free equipment because there is a large tendency that this is just a rip-off. Be careful of rates that are lower than normal. The odds are the company is exploiting introductory rates that may be non-guaranteed. Lastly, be watchful for early termination fees. Most sales rep will say just about any lie so that you will sign into the contract. So be sure that you won’t be locked with early termination fees so ask.
Now, it ends with a mind-boggling question, ‘Would it be a go for a free merchant account or a paid merchant account?’ Equipped with the differences of both, you have to weigh your needs and budget to get the best kind for your online business.
A merchant’s main concern in choosing a merchant account is one that will suit his needs and fits his budget. Knowing the difference between a free and a paid merchant account is one step to selecting the best merchant account for your business.
Basic fees
The basic fees needed to be paid for users of a paid merchant account are the application fee, setup fee, monthly account fee, and transaction fee. All fees vary from a merchant account provider to another so it is best to inquire from different choices before settling to the one. The application fee is normally paid at the moment you acquire a merchant account. Though, there are some providers that do not charge this kind of fee at all. Another basic fee is the setup fee which covers the establishing of your account and this also includes other bank related issues. Just like the application fee, this is paid just once in the whole duration of your use. Another would be the monthly account fee which is mainly for the maintenance of your merchant account. This rate may vary with each provider or company. There is only one basic fee which is similar to both free and paid merchant account and this is the transaction fee. This is incurred every time a customer buys something from your e-business. In this matter, paid merchant accounts are well off because it generally takes lower charges compared to free merchant accounts. A free merchant account caters to providing the needed software to run this special program for free. Therefore, you won’t be bothered by set-up fees.
Funds delivery time
For free merchant accounts, you have to be patient in waiting for funds to settle in your bank account especially when you are a first-timer and doesn’t have a prominent name in the business yet. But usually, you have to expect your income for at least three to four business days. On the other hand, the funds delivery time for paid merchant account is far quicker compared to the first. Knowing this, you have to weigh whether you will keep a free merchant account with limitations or apply for a paid merchant account where you can manage to pay for the necessary charges and have the advantage of a faster funds delivery time. This will have to be your choice.
Requirements
For a free merchant account, you are not obliged to yield to a credit check and vice versa for the case of paid merchant accounts. Other than this, paid merchant accounts require you a sufficient amount of money to pay for the fees that will be charged on you. But for free merchant accounts, you will only have to keep track of the transaction fee and nothing else.
The “catch”
With all the benefits of a free merchant account, it’s probably intriguing to know the catch. So here it is. Though this kind of application doesn’t cost a set-up fee initially, you are still incurred to some fees which will be taken out from every transaction made. This is quite expected because if otherwise, the merchant provider won’t be earning profit out of its clients. Another drawback is when your merchant account can be temporarily disabled. This is done by your provider because it noticed that you are earning too much money at a certain span of time. They will say that this will benefit both parties. Also, this deactivation is a method to detect fraudulent practices. Nevertheless, when a client is generating more money, his account will start receiving more funds.
Some things to be cautious of when acquiring a paid merchant account is to avoid credit card terminal leases. A sign of this is a company that offers free equipment because there is a large tendency that this is just a rip-off. Be careful of rates that are lower than normal. The odds are the company is exploiting introductory rates that may be non-guaranteed. Lastly, be watchful for early termination fees. Most sales rep will say just about any lie so that you will sign into the contract. So be sure that you won’t be locked with early termination fees so ask.
Now, it ends with a mind-boggling question, ‘Would it be a go for a free merchant account or a paid merchant account?’ Equipped with the differences of both, you have to weigh your needs and budget to get the best kind for your online business.
Tuesday, March 30, 2010
Bob Chapman on The Free Trade and its impact on unemployment and Inflation
Bob Chapman on The Maxon show
Bob Chapman on The free Trade and its impact on unemployment , how the different free trade agreements that the United states have signed in the late years have contributed to the loss of hundreds of thousands of jobs for Americans , while jobs are leaving for over seas , today 75% of the households have two bread winners and still can't make it in keeping up with the Inflation
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Oil Rich Venezuela hit by power crisis
Venezuela, South America's top oil exporter, is suffering from a growing energy crisis that has forced the government into taking drastic measures to conserve electricity.
As part of his plan, Hugo Chavez, the Venezuelan president, has declared a three-day holiday starting Monday to cut back on energy use.
Al Jazeera's Monica Villamizar reports from Caracas. (Mar 30, 2010)
As part of his plan, Hugo Chavez, the Venezuelan president, has declared a three-day holiday starting Monday to cut back on energy use.
Al Jazeera's Monica Villamizar reports from Caracas. (Mar 30, 2010)
London Outperforming U.K. Housing Market
March 30 (Bloomberg) -- Martin Gahbauer, chief economist at Nationwide Building Society, talks with Bloomberg's Maryam Nemazee about the mortgage lender's monthly house-price index. (Source: Bloomberg)
Monday, March 29, 2010
12 Common Fees You Encounter in Getting a Merchant Account
In opening a merchant account you will come across certain fees that you need to pay on one-time, monthly, annual, and per transaction basis. These are application fee, setup fee, payment gateway fee, monthly statement fee, monthly minimum fee, discount rate, transaction fee, address verification service (AVS) fee, voice authorization fee, charge-back fee, annual fee, and termination fee.
If you want to accept credit cards and other electronic payment forms to increase your sales and profits, you need to open a merchant account. Applying for this type of account involves fees and charges in exchange for the service that merchant account providers give you. Although these costs vary among different providers, here are the common fees you encounter:
Application fee
As the name obviously states, this fee is asked for by the provider when you apply for a merchant account. A percentage of this fee and some other fees may go to the referrer, when applicable, as commission promised in a company’s merchant account affiliate program. Due to heavy competition among providers, most companies do not anymore charge application fees.
Setup fee
This is the initial cost that is asked by certain providers when your account is being set up. Just like the application key, setup fee is now usually very cheap or free for merchants.
Payment gateway fee
To make their package more attractive and less hassle for clients, some merchant account providers tie up with other companies needed by a business to accept credit card payments. An example is payment gateway facility providers. For online businesses, you make use of the payment gateway facility to approve and process credit card transactions over the Internet. If your payment gateway facility is part of your merchant account setup package, applicable fees will be charged by your merchant account provider. On the other hand, if it is separately acquired, fees will be charged directly by your gateway service provider.
Monthly statement fee
This fee is for the processing and preparation of monthly statements. It is fixed regardless of the number of credit card transactions you make in a month.
Monthly minimum fee
Merchant account providers set this minimum or floor amount for the total fees you need to pay monthly. For example, the monthly minimum fee is $30. If all your monthly processing fees, including gateway fee, statement fee, and more, sum up to $25 only, you need to pay additional $5 to reach the monthly minimum fee. If on the other hand your total monthly fee is $35, you do not need to pay additional fee.
Discount rate
This fee can be computed as a percentage of each approved credit card transaction. Usually rates are more expensive for online merchant accounts than retail, due to higher risk and more processes involved.
Transaction fee
Whether a credit card transaction has been approved or declined, merchant account providers charge you this fee for all transactions made. For the same reason as discount rate, transaction fees are higher for online merchants than retail merchants.
Address Verification Service (AVS) fee
Address verification services or AVS is when a credit card transaction is verified using your purchaser’s credit card number and mailing address. This will help you prevent fraudulent purchases when a credit card is not swiped as in a Mail Order or Telephone Order (MOTO), mobile, and online transactions. Because the amount charged is very minimal, some providers include AVS fee in the discount rate or transaction fee.
Voice authorization fee
In rare cases when your software or Point-Of-Sale (POS) terminal is not functioning, you can still process credit card transactions by calling a toll-free number given by your merchant account provider to complete the transaction. The voice authorization fee charged to you will be computed per transaction.
Chargeback fee
Chargeback fee applies when a transaction is reversed and funds are returned to your client for some reason, such as wrong product or service delivered or someone else deceptively used the credit card. You should be able to receive a notification regarding the argument and should respond to it. Chargeback fees charged to you are for the handling of the dispute as well the additional process of returning funds to your clients.
Annual fee
Some providers charge annual fees to their merchant account holders. This is especially applicable with providers that have membership programs offering lower monthly fees, lower transaction fees, and other privileges.
Termination fee
Termination fee is a charge you need to pay when you decide to cancel your merchant account before your contract ends. This is usually fixed regardless of the number of months you have had business with your merchant account provider. This cancellation fee helps your provider recover the losses they might incur with the high initial costs for setting up a merchant account, which are given to you for free or at very low cost.
Aside from these fees, there are also other very minimal costs that merchant account providers require from you during the entire contract, such as daily batch fee and pin debit transactions for POS debit card transactions. Before you apply for a merchant account with a certain provider, always make sure that you know what fees will be charged to you for the specific services they offer at any given time within your contract. Make sure there are no hidden fees that come out after your application has been approved. Make sure you also know and understand what each fee means. There might be some fees that serve the same purpose but are listed separately by the provider to earn more profit from you.
A good way to choose the best merchant account provider is to compare providers with regards to services and fees, as well as customer credibility.
If you want to accept credit cards and other electronic payment forms to increase your sales and profits, you need to open a merchant account. Applying for this type of account involves fees and charges in exchange for the service that merchant account providers give you. Although these costs vary among different providers, here are the common fees you encounter:
Application fee
As the name obviously states, this fee is asked for by the provider when you apply for a merchant account. A percentage of this fee and some other fees may go to the referrer, when applicable, as commission promised in a company’s merchant account affiliate program. Due to heavy competition among providers, most companies do not anymore charge application fees.
Setup fee
This is the initial cost that is asked by certain providers when your account is being set up. Just like the application key, setup fee is now usually very cheap or free for merchants.
Payment gateway fee
To make their package more attractive and less hassle for clients, some merchant account providers tie up with other companies needed by a business to accept credit card payments. An example is payment gateway facility providers. For online businesses, you make use of the payment gateway facility to approve and process credit card transactions over the Internet. If your payment gateway facility is part of your merchant account setup package, applicable fees will be charged by your merchant account provider. On the other hand, if it is separately acquired, fees will be charged directly by your gateway service provider.
Monthly statement fee
This fee is for the processing and preparation of monthly statements. It is fixed regardless of the number of credit card transactions you make in a month.
Monthly minimum fee
Merchant account providers set this minimum or floor amount for the total fees you need to pay monthly. For example, the monthly minimum fee is $30. If all your monthly processing fees, including gateway fee, statement fee, and more, sum up to $25 only, you need to pay additional $5 to reach the monthly minimum fee. If on the other hand your total monthly fee is $35, you do not need to pay additional fee.
Discount rate
This fee can be computed as a percentage of each approved credit card transaction. Usually rates are more expensive for online merchant accounts than retail, due to higher risk and more processes involved.
Transaction fee
Whether a credit card transaction has been approved or declined, merchant account providers charge you this fee for all transactions made. For the same reason as discount rate, transaction fees are higher for online merchants than retail merchants.
Address Verification Service (AVS) fee
Address verification services or AVS is when a credit card transaction is verified using your purchaser’s credit card number and mailing address. This will help you prevent fraudulent purchases when a credit card is not swiped as in a Mail Order or Telephone Order (MOTO), mobile, and online transactions. Because the amount charged is very minimal, some providers include AVS fee in the discount rate or transaction fee.
Voice authorization fee
In rare cases when your software or Point-Of-Sale (POS) terminal is not functioning, you can still process credit card transactions by calling a toll-free number given by your merchant account provider to complete the transaction. The voice authorization fee charged to you will be computed per transaction.
Chargeback fee
Chargeback fee applies when a transaction is reversed and funds are returned to your client for some reason, such as wrong product or service delivered or someone else deceptively used the credit card. You should be able to receive a notification regarding the argument and should respond to it. Chargeback fees charged to you are for the handling of the dispute as well the additional process of returning funds to your clients.
Annual fee
Some providers charge annual fees to their merchant account holders. This is especially applicable with providers that have membership programs offering lower monthly fees, lower transaction fees, and other privileges.
Termination fee
Termination fee is a charge you need to pay when you decide to cancel your merchant account before your contract ends. This is usually fixed regardless of the number of months you have had business with your merchant account provider. This cancellation fee helps your provider recover the losses they might incur with the high initial costs for setting up a merchant account, which are given to you for free or at very low cost.
Aside from these fees, there are also other very minimal costs that merchant account providers require from you during the entire contract, such as daily batch fee and pin debit transactions for POS debit card transactions. Before you apply for a merchant account with a certain provider, always make sure that you know what fees will be charged to you for the specific services they offer at any given time within your contract. Make sure there are no hidden fees that come out after your application has been approved. Make sure you also know and understand what each fee means. There might be some fees that serve the same purpose but are listed separately by the provider to earn more profit from you.
A good way to choose the best merchant account provider is to compare providers with regards to services and fees, as well as customer credibility.
Euro May Fall to $1.25 by June Says Gray of Travelex
March 30 (Bloomberg) -- Anthony Gray, head of risk solutions at Travelex in Sydney, talks with Bloomberg's Haslinda Amin about his forecast for the euro and U.S. dollar. Gray also discusses the outlook for the Australian and Canadian dollars, and Federal Reserve and People's Bank of China monetary policies. (Source: Bloomberg)
U.S. Stocks Advance on Upgrades, Gains Trimmed on Korea
U.S. Stocks Advance on Upgrades, Gains Trimmed on Korea
March 26 (Bloomberg) -- Bloomberg's Courtney Donohoe reports on the performance of the U.S. equity market today. U.S. stocks rose on analyst upgrades, takeover speculation and a European plan to help Greece avoid default before erasing most of the gain amid concern tension was escalating between North and South Korea. Bloomberg contributor Keith McCullough also speaks. (Source: Bloomberg)
Bob Chapman : Credit Crisis, Outrage, Far From Over
Bob Chapman
March 27 2010
Bernanke re-nominated, outrage at banks, insolvency the real state of banks, crime pays when you are at the top, sovereign debt crisis around the world, debt and derivatives products were all just a ponzi scheme, the problem wont go a way when the system is purged, PIMCO Bill Gross warns of inflation, big cutbacks in services...
The re-nomination of Ben Bernanke, as Chairman of the Federal Reserve, has to be one of the ultimate political insults, particularly coming from Republicans, as did his predecessor, Alan Greenspan, both have taken America and the world down the sewer. Ben Bernanke saved Wall Street, the banks, insurance companies and a myriad of other Illuminist firms.
This is the same Ben who refused to release records to uncover where $2 trillion had gone in the loan program that followed the collapse of Lehman Brothers. This is an appellate defeat for the Fed. We would expect they will next appeal to the Supreme Court. This is important to the Fed, because a loss would not only expose which institutions were insolvent, US and foreign, but it would expose what collateral was accepted for these so-called loans, and have they been paid back?
The Fed and American and foreign bankers gambled and lost, so it was up to American taxpayers to bail them out. Needless to say, these actions were outrageous. The Fed not only had no authority to do what they did, but they did, but they also suborned perjury. We wonder how the Appeals Court missed that? The Fed has buried our country in debt, allowed unbelievable leverage and absolutely refuses to tell us what they are up too. Except for a few in Senate and House hearings, questioning is a total farce. The Fed has done as it pleases for 97 years and that has to stop. We cannot allow Ben Bernanke to lie before Congress and get away with it either. We also cannot allow any corporation or financial institution to keep two sets of books and not mark their investment to market.
Read entire article
March 27 2010
Bernanke re-nominated, outrage at banks, insolvency the real state of banks, crime pays when you are at the top, sovereign debt crisis around the world, debt and derivatives products were all just a ponzi scheme, the problem wont go a way when the system is purged, PIMCO Bill Gross warns of inflation, big cutbacks in services...
The re-nomination of Ben Bernanke, as Chairman of the Federal Reserve, has to be one of the ultimate political insults, particularly coming from Republicans, as did his predecessor, Alan Greenspan, both have taken America and the world down the sewer. Ben Bernanke saved Wall Street, the banks, insurance companies and a myriad of other Illuminist firms.
This is the same Ben who refused to release records to uncover where $2 trillion had gone in the loan program that followed the collapse of Lehman Brothers. This is an appellate defeat for the Fed. We would expect they will next appeal to the Supreme Court. This is important to the Fed, because a loss would not only expose which institutions were insolvent, US and foreign, but it would expose what collateral was accepted for these so-called loans, and have they been paid back?
The Fed and American and foreign bankers gambled and lost, so it was up to American taxpayers to bail them out. Needless to say, these actions were outrageous. The Fed not only had no authority to do what they did, but they did, but they also suborned perjury. We wonder how the Appeals Court missed that? The Fed has buried our country in debt, allowed unbelievable leverage and absolutely refuses to tell us what they are up too. Except for a few in Senate and House hearings, questioning is a total farce. The Fed has done as it pleases for 97 years and that has to stop. We cannot allow Ben Bernanke to lie before Congress and get away with it either. We also cannot allow any corporation or financial institution to keep two sets of books and not mark their investment to market.
Read entire article
Sunday, March 28, 2010
RARE!!! MUST SEE !!! LIVING DINOSAUR FOUND BY MAN !!!
RARE!!! MUST SEE !!! LIVING DINOSAUR FOUND BY MAN !!!
George Green Total Destruction of Western World
Whistle Blower Former CIA and International Banker tells u straight up
Spokane, Washington, April 2008
http://projectcamelot.org/george_gree...
George Green's career extends from military service in the USAF (where he encountered alien disk craft in a remote hanger at Edwards AFB), through "playing monopoly" in corporate banking and large-scale construction, to working closely with the Pleiadians and other benevolent intelligences to "wake people up" in preparation for coming changes. Very few people we have talked to have a span of personal experience - and contacts - which is this broad.
For more details:
http://projectcamelot.org/george_gree...
To contact Bill Ryan or Kerry Cassidy, please e-mail us at support@projectcamelot.org.
Spokane, Washington, April 2008
http://projectcamelot.org/george_gree...
George Green's career extends from military service in the USAF (where he encountered alien disk craft in a remote hanger at Edwards AFB), through "playing monopoly" in corporate banking and large-scale construction, to working closely with the Pleiadians and other benevolent intelligences to "wake people up" in preparation for coming changes. Very few people we have talked to have a span of personal experience - and contacts - which is this broad.
For more details:
http://projectcamelot.org/george_gree...
To contact Bill Ryan or Kerry Cassidy, please e-mail us at support@projectcamelot.org.
Bob Chapman on goldseek radio 27 March 2010
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
David Icke On The UK Surveillance Society BBC5.TV
Former BBC sports journalist David Icke
Monday, December 15th, 2008
David reminds people what the dangers are of the encroaching Big Brother state. Filmed in May 2008 after his presentation in Brixton.
Monday, December 15th, 2008
David reminds people what the dangers are of the encroaching Big Brother state. Filmed in May 2008 after his presentation in Brixton.
Greece Bailout Bullish for Gold
NEW YORK (TheStreet) -- Brian Hicks is the co-manager of the U.S. Global Investors Global Resources Fund, says euro instability will continue to spook investors and support higher gold prices.
Saturday, March 27, 2010
UFO Disclosure & First Contact- Asia
First Contact - Asia, Introduces Japan's new (Galactic) First Lady, Miyuki Hatoyama, wife of new Prime Minister, Yukio Hatoyama. Both sharing a spiritual nature, Mrs Miyuki Hatoyama speaks openly of her galactic interests and experiences. An endearing First Lady, sure to help speed up Japan's progress towards disclosure.
Bob Chapman : there will be a physical shortage of gold and silver get rid of gold certificates they are based on derivatives
Bob Chapman dump GLDs and SLVs ETFs and Go physical
More and more foreigners are going physical they are taking delivery , there is going to be a physical shortage of gold and silver , GLD and SLV do not have the gold they say the have they use derivatives , there will be major scandal at the COMEX , only physical and the shares ,gold and silver stocks should be well , gold and silver bullion will go up , get rid of any gold certificate with any company and take delivery....
Is David Icke a Freemason ???
David Icke dressed in full Masonic Robes ???
This could be a fake , but only God knows who is who in this big comedy that is life , some people are not probably who they seem to be and the conspiracy movement is full of double agents and disinfo agents , below you will read extracts of what the original poster of the photo have written about this saga on concen forums ...There is a website showing David Icke dressed in full Masonic Robes and he is referred to as W. Bro David Icke .A photo showing what appears to be David Icke dressed in full Masonic Robes and naming him as W. Bro David Icke has suddenly been removed by the webmaster of Masonic website known as "The Lodge of Angels" (on the Isle of Wight UK). This happened straight after the following video was made. Why has the picture been taken down?Former contributors of David Icke's books have come out publicly against him. Ivan Fraser for instance was a major contributor of "The Biggest Secret" - Who has now distanced himself from Icke because of all of the bullshit that went on behind the scenes Here is an excerpt of what Ivan Fraser (who helped Icke write The Biggest secret) wrote about David Icke and the book:
Arizona Wilder states the royal lizards change back to lizards when asleep. Considering how many of them were educated in schools where they also lived amongst hundreds of others in dorms, and how many of them were in the armed forces, you would think someone would have noticed this little thing!
My suspicions about Arizona Wilder (AW) first manifested the first time I heard of her. Something in me said, something isn't right here?. A familiar feeling which usually turns out to be trustworthy, as anyone who has read Lifting The Veil knows.
She was not mentioned at all in the draft copy of The Biggest Secret (TBS) which I had read. David had not met her yet. When the book was released people started ringing me with questions like, is it true about the reptiles, and is this stuff about the royal family true. At which time I replied that I thought it was, based on the fact that the version I had read stated only the theory of the reptilians and that certain of the Royals were involved in Satanic rituals.
Soon I heard about Arizona Wilder. I reviewed the book again, this time the printed version, and asked Linda Icke (the British manager of Bridge of Love) to send a copy of the video from which AW's testimony was taken. I was by this time very dubious about AW's statements. Her statements had already overshadowed those of Christine Fitzgerald, Princess Diana's healer and confidante, which were prominent in the version I read and which were not so sensational. However, Fitzgerald's account may have been a taster? for what was to come, to ease the way for the far more incredible information which Wilder had to impart.
Ivan also says that Icke had a contact by the name of Brian Desborough who he gets most of his information from and who just happened to introduce him to Arizona. In the book Icke mentions Desborough as a source for the majority of his information.
Arizona Wilder also claims that the Royal family are shape shifters, also that Sitchin and Gardner are reptoids.
Then she targeted Sitchin and Gardner and said they take part in blood rituals with the Royals where shapeshifting happens. Considering Gardner?s books are revealing profound insights into the ancient knowledge, I am not surprised they wanted him demonised. I personally do not believe this testimony. I do however, think that Sitchin has been less than honest in his research, but again, the statement that he takes part in murderous rituals is more than I will accept without some pretty firm proof. But proof is offered nowhere in relation to AW?s testimony.
_________________________________________________
Interesting view of David Icke - Especially about his personal assistant & what Jim Keith has to say about David Icke's ability to discern truth ...
http://old.disinfo.com/archive/pages/dossier/id330/pg1/index.html
Icke's biographical story offers ample examples of this common mistake of 'Seekers After Truth'. Professional soccer player, sports correspondent, and later national spokesperson for Britain's Green Party, Icke underwent a highly publicized spiritual awakening after a visit to a medium and healer. The brutal reality according to some conflicting accounts however, is that Icke got a personal assistant pregnant whilst on holiday, and split with his family. The public outcry drove Icke into the very fringes of conspiratorial subcultures.
According to a scathing review of 'The Biggest Secret' by the late Jim Keith, Icke lacks the finely honed analytical skills required to discriminate between credible and delusional sources. Whilst Icke does highlight in his own way the turbulence of the multi-polar Digital Age and the exploitative excesses of laissez-faire capitalism run amok, he also prints (plagiarizes?) the most bizarre anecdotes, without any sustained critique. His books are required reading to grasp the irrationalism and virtually nonexistant research methodologies that plagues the conspiriology underground, but for all the wrong reasons: Icke may awaken the desire for conscious evolution, but then provides an error-filled map.
Friday, March 26, 2010
G. Edward Griffin The Federal Reserve is neither federal nor is it a reserve
G. Edward Griffin on Goldseek radio 03-03-10
G. Edward Griffin interview on Gold Seek Radio dated March 3rd, 2010
G. Edward Griffin (born November 7, 1931) is an American film producer, author, and political lecturer.[1] Starting as a child actor, he became a radio station manager before age 20. He then began a career of producing documentaries and books on often-debated topics like cancer, Noah's ark, and the Federal Reserve, as well as on right-libertarian views of the U.S. Supreme Court, terrorism, subversion, and foreign policy. Since the 1970s, Griffin has promoted Laetrile as a killer of cancer cells, a view not accepted by a majority of scientists.[2][3] He has also promoted the Durupınar site as hosting the original Noah's ark, against skeptics as well as near-Ararat Creationists. He has opposed the Federal Reserve since the 1960s, saying it constitutes a banking cartel and an instrument of war and totalitarianism.[4] In 2002, Griffin founded the individualist network Freedom Force International.
Griffin enrolled in the College for Financial Planning in Denver, Colorado,[23] became a Certified Financial Planner in 1989, and described the U.S. money system in his 1993 movie and 1994 book on the Federal Reserve System, The Creature from Jekyll Island.[1] This popular book[24][25] has been a business bestseller;[26][27] it has been reprinted in Japanese, 2005, and German, 2006. The book also influenced Ron Paul during the writing of a chapter on money and the Federal Reserve in Paul's New York Times number-one bestseller, The Revolution: A Manifesto, which recommended Griffin's book on its "Reading List for a Free and Prosperous America".[28]
The title refers to the November 1910 meeting at Jekyll Island, Georgia, of seven bankers and economic policymakers, who represented the financial elite of the Western world.[29][30] The meeting was recounted by Forbes founder B. C. Forbes in 1916,[31] and recalled by participant Frank Vanderlip as "the actual conception of what eventually became the Federal Reserve System".[32] Griffin states that participant Paul Warburg describes the Jekyll Island meeting as "this most interesting conference concerning which Senator Aldrich pledged all participants to secrecy".[33]
Griffin's work stresses[34] the point which Federal Reserve chair Marriner Eccles made in Congressional testimony in 1941: "If there were no debts in our money system, there wouldn't be any money."[29] Griffin advocates against the debt-based fiat money system on several grounds, stating that it devours individual prosperity through inflation and it is used to perpetuate war. He also described a framework of central bankers underwriting both sides of an ongoing war or revolution.[35] Griffin says that the United Nations, the Council on Foreign Relations, and the World Bank are working to destroy American sovereignty through a system of world military and financial control, and he advocates for United States withdrawal from the United Nations.[10]
Edward Flaherty, an academic economist,[36] characterized Griffin's description of the secret meeting on Jekyll Island as "conspiratorial", "amateurish", and "suspect".[37] Griffin's response was that Flaherty had miscategorized the book with other publications and had labeled all criticisms of the Federal Reserve as the results of conspiracy theory.[38]
Griffin's dreams of a free-market, private-money system superior to the Fed caused economist Bernard von NotHaus to deploy such a system in 1998. Griffin states that von NotHaus's private silver certificates, known as Liberty Dollars, are "real money".[39]
[edit] The "Mandrake mechanism"
The Mandrake mechanism is a term coined by Griffin in this book. Mandrake the Magician was a comic strip character from the 1940s. He had the ability to magically create things and, when appropriate, make them disappear[40]. Griffin's view is similar to many other gold-standard supporters' critique of the fractional reserve banking system and the Federal Reserve in particular: that it makes money "magically" appear from nothing.
In Griffin's view, the "magical" quality of this mechanism is really just a simple mathematical limit (mathematics). When banks loan money, they don't actually loan existing money. Rather, they allocate money to loan, but they are limited by how much money they can create. The law basically says that, for each dollar a bank has on hand in one of its savings accounts, it is allowed to create another 90 cents to give out as a loan. (The dollar from the savings account is still there, and can still be spent by the person who owns the savings account.) This loan is then spent, and the recipient puts it into another bank, and that bank can now loan 90 cents times 0.9 = 81 cents. This can be repeated many times (depending on the demand for loans) until it approaches its mathematical limit of 10 dollars.
For example, when the Federal Reserve holds on deposit 1 billion in marketable United States Treasury security then the banks in the banking system, public and private, and bound by US financial law, are able to generate 10 billion in new debt over time. In September, 2008 the US Public Debt was 5.8 trillion and from that debt there was a potential to create approximately 53 trillion ((5.8x10)-5.8=52.2) dollars of money (as debt).
(Source Wikipedia)
Bob Chapman deflationary depression and war coming
Bob Chapman on The Alex Jones March 26, 2010
Alex Jones talks with regular guest Bob Chapman The International Forecaster . Mr. Chapman publishes The International Forecaster, a newsletter of timely and in-depth coverage on the economy and world economic events. Chapman became a stockbroker in 1960 and retired in 1988. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. From 1976 to present he has spoke and given workshops at over 200 business conferences worldwide, and has been on radio and TV hundreds of times.
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Spanish Housing Market Struggles to Recover
Costa Del Sol, Spain real estate bubble bursts after being a booming vacation spot for years
Gold vs Crude Oil
What is Moving Gold and the Precious Metals?
George Gero of RBC Wealth Management offers a snapshot of the commodities market.
Advantages and Disadvantages of Return Fees for Merchant Accounts
The return fee is charged when a buyer’s purchase is overturned and funds are brought back to their account in a ‘no more, no less’ basis. The benefits of the return fee is that it imparts pleasant customer feedback, it safeguards your e-business’ name, and it enhances customer service and refund policies. On the other hand, the drawbacks are extra business costs, downright necessity and concern, and safety issues.
Normally, return fees vary between $15-30 answerable to the credit card company and your merchant account provider. This can be seen in your billing statement after a client gives back their bought goods or acquired services. They will then ask for a refund. It typically takes seven days to complete this process however it could take longer due to some further requirements required for the refund to be acted out. Find out the pros and cons of return fee in the following subsections.
Advantages
Imparts pleasant customer feedback
This will assure your customers that you really stick to what your refund policy states. Once they tried to return certain purchased merchandise and they successfully receive the refund in their account, then they will put their trust and confidence in you. They are rest assured of a secured payment system and that they will gain their money’s worth.
Safeguards your e-business’ name
Return fees should not be seen as a mistake but it should be distinguished as an opportunity to improve the quality of your goods and services marketed online. When a customer demands a refund, it’s either he is not pleased or is not engrossed with what they purchased. Through their comments, you can upgrade your manufactured article and at the same time, pay a closer look to your available products and assuring that there are no flaws. You’ll come up with a better marketing approach. In this manner, you’ll be protecting the reputation of your online business.
Enhances customer service and refund policies
From time to time, your business will be challenged by customers who take your policy for granted since they are not aware that you, as the merchant, is being charged in exchange of their returned purchase. You can state in your policy that if a customer demands a refund, he will be charged for the return fee that is being placed in your bill by the merchant account provider. This will assure you that bogus buyers won’t be in your way. This will also pose a clarification that you don’t want any mishaps between you and the customer in the near future.
Disadvantages
Extra business costs
Without a doubt, return fees benefit your customers, which is good but it is the other way round for you. There are times when the return fees cost you more than what you are earning. You have to cut your budgets for unwanted billing statements. Since you are obligated to obey the merchant account rules, you have no other choice but to pay for whatever fees are charged in your name. It won’t only cost you the return fee but also the refund for your customers. To avoid this, make sure your policy is strictly implemented and that your products are worth their money.
Downright necessity and concern
As stated above, you are obliged to follow the rules and regulations of having a merchant account. It is your responsibility to pay for the fees and charges posted in your account or else, your business will be discontinued. In doing so, you will grant a good reputation with your merchant account provider.
Safety issues
The biggest problem of online businesses is the hackers. One day, you’ll open your account and be surprised with the random transactions processed. In the end, you’ll be paying more fees and charges. What’s worst is when you never notice the scamming at all. This is why you have to make sure that you verify your online security software and conduct a scheduled system check to steer clear from hackers and other fraudulent pursuits.
One way to have a good refund policy is to know the possibilities of having return fees. You have to be aware of its benefits and drawbacks. This will steer your business away from probable disaster.
Normally, return fees vary between $15-30 answerable to the credit card company and your merchant account provider. This can be seen in your billing statement after a client gives back their bought goods or acquired services. They will then ask for a refund. It typically takes seven days to complete this process however it could take longer due to some further requirements required for the refund to be acted out. Find out the pros and cons of return fee in the following subsections.
Advantages
Imparts pleasant customer feedback
This will assure your customers that you really stick to what your refund policy states. Once they tried to return certain purchased merchandise and they successfully receive the refund in their account, then they will put their trust and confidence in you. They are rest assured of a secured payment system and that they will gain their money’s worth.
Safeguards your e-business’ name
Return fees should not be seen as a mistake but it should be distinguished as an opportunity to improve the quality of your goods and services marketed online. When a customer demands a refund, it’s either he is not pleased or is not engrossed with what they purchased. Through their comments, you can upgrade your manufactured article and at the same time, pay a closer look to your available products and assuring that there are no flaws. You’ll come up with a better marketing approach. In this manner, you’ll be protecting the reputation of your online business.
Enhances customer service and refund policies
From time to time, your business will be challenged by customers who take your policy for granted since they are not aware that you, as the merchant, is being charged in exchange of their returned purchase. You can state in your policy that if a customer demands a refund, he will be charged for the return fee that is being placed in your bill by the merchant account provider. This will assure you that bogus buyers won’t be in your way. This will also pose a clarification that you don’t want any mishaps between you and the customer in the near future.
Disadvantages
Extra business costs
Without a doubt, return fees benefit your customers, which is good but it is the other way round for you. There are times when the return fees cost you more than what you are earning. You have to cut your budgets for unwanted billing statements. Since you are obligated to obey the merchant account rules, you have no other choice but to pay for whatever fees are charged in your name. It won’t only cost you the return fee but also the refund for your customers. To avoid this, make sure your policy is strictly implemented and that your products are worth their money.
Downright necessity and concern
As stated above, you are obliged to follow the rules and regulations of having a merchant account. It is your responsibility to pay for the fees and charges posted in your account or else, your business will be discontinued. In doing so, you will grant a good reputation with your merchant account provider.
Safety issues
The biggest problem of online businesses is the hackers. One day, you’ll open your account and be surprised with the random transactions processed. In the end, you’ll be paying more fees and charges. What’s worst is when you never notice the scamming at all. This is why you have to make sure that you verify your online security software and conduct a scheduled system check to steer clear from hackers and other fraudulent pursuits.
One way to have a good refund policy is to know the possibilities of having return fees. You have to be aware of its benefits and drawbacks. This will steer your business away from probable disaster.
Real Estate Expert: Home Ownership Not a Right
Los Angeles Realtor Connie DeGroot argues home ownership is a risk not a right.
Shell CEO on alternative Energy
Shell CEO on Oil Outlook, Renewable Energy
Royal Dutch Shell CEO Peter Voser on off-shore drilling and building more fuel-efficient vehicles.
Illuminati Symbolism in Hollywood - Dark Stars
Hollywood Insiders Dark Stars examines Illuminati symbolism, Predictive programming, 9/11 synchronicities, and Satanism in Hollywood and the music industry
Bob Chapman : Millions will be laid off many companies will close doors up to 40% unemployment as a result of the Healthcare Bill
Bob Chapman on the Sovereign Economist 24 march 2010
Bob Chapman : we gonna have a deflationary deflation accompanied by a war which will last for years , it is a set up it was deliberately done.....last year 80% of the treasuries were purchased by the FED which is a private bank , the FED has the ability to make up money out of thin air , it is hugely inflationary says Bob Chapman the international forecaster , he Euro zone will break up most of the eurozone countries have a deficit above 10% compared to the norm of 3% , they will keep Greece above water for a year , a year and a half through IMF injections , the US and the UK will pull out of WTO and NAFTA , , England will withdraw from the European Union ...millions are going to be laid off many companies will close doors up to 40% unemployment by the end of the year direct result of the Healthcare Billthousands of banks will go bankrupt by the end of the year because they want to nationalize the banks
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
US Federal Reserve Dealing in Magic and Secrets
Fed makes money out of thin air to solve deflation with inflation, credit crisis continues, frustrations with politicians, not healthy to have over 3 trillion in t-bills held in foreign hands, Fed fights audit legislation, Threats to the Eurozone...
The dramatic and costly undertow of deflation continues unabated, as government via fiscal policy and the Federal Reserve, by creating money and credit out of thin air, proceed to overpower this deflation with massive inflation.
Unbeknownst to most the Fed and the Treasury have been maintaining this program for the past several years, accompanied by most major countries, all of which have taken the path of least resistance rather than address the underlying problems.
The current stage of problems had to be addressed 2-1/2 years ago in what has become known as a credit crisis. This continuing crisis has been accompanied by 22-1/8% current unemployment that has resulted in a perpetual fall in tax revenues and a resultant enlargement of government deficits. We might add that this condition is being experienced by many countries worldwide, which followed America’s leadership into this terrible financial and economic morass. These policies have led to massive sovereign debt policies, a hangover of the policies of 1933 and 1971.
read entire article
Bob Chapman founder of The International Forecaster became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients
V-Shaped Recovery in U.S. Housing Market says Feder
March 24 (Bloomberg) -- Michael Feder, chief executive officer of Radar Logic Inc., talks with Bloomberg's Matt Miller and Carol Massar about the outlook for the U.S. housing market. Blizzards, unemployment and foreclosures combined to produce the fewest sales of houses in the U.S. last month since record-keeping began in 1963, according to the Commerce Department. The supply of homes at the current sales rate increased to 9.2 months worth, the highest since May, from 8.9 months. (Source: Bloomberg)
Bearish on crude; sell at current levels
In an exclusive inter with CNBC-TV18, Kishore Narne, Anand Rathi Commodities, discusses various commodities and gives his outlook going forward.
Gold May Reach $1,400-$1,500 by Year End says Jeffrey Nichols
March 25 (Bloomberg) -- Jeffrey Nichols, managing director at American Precious Metals Advisors, talks with Bloomberg's Matt Miller and Carol Massar about his forecast for gold prices. (Source: Bloomberg)
U.S. Stocks Fall on Treasury Auction, Greece Discord
March 25 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks fell for a second day as a disappointing Treasury auction and discord among European leaders about how to rescue Greece erased a rally in the final half hour of the session. The 10-year notes yield climbed to the highest level since June, and the dollar rallied. (Source: Bloomberg)
Thursday, March 25, 2010
Bob Chapman : JP Morgan Goldman Sachs Citi group are shorting gold and silver and longing the Dollar
Bob Chapman on dr. Deagle show 24 March 2010
Greece and Italy should have never qualify for the Euro zone , Greece was bankrupt ten years ago , Goldman Sachs set them up with the derivatives to hide their real debt ...the three big players are Germany Holland and France and they allow the IMF solution
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Introduction Futures Trading
A futures contract is a standardized contract to buy or sell a specified commodity of standardized quality at a certain date in the future and at a market-determined price (the futures price). The contracts are traded on a futures exchange. Futures contracts are not "direct" securities like stocks, bonds, rights or warrants. They are still securities, however, though they are a type of derivative contract.
The price is determined by the instantaneous equilibrium between the forces of supply and demand among competing buy and sell orders on the exchange at the time of the purchase or sale of the contract.
In many cases, the underlying asset to a futures contract may not be traditional "commodities" at all – that is, for financial futures, the underlying asset or item can be currencies, securities or financial instruments and intangible assets or referenced items such as stock indexes and interest rates.
The future date is called the delivery date or final settlement date. The official price of the futures contract at the end of a day's trading session on the exchange is called the settlement price for that day of business on the exchange[1].
A futures contract gives the holder the obligation to make or take delivery under the terms of the contract, whereas an option grants the buyer the right, but not the obligation, to establish a position previously held by the seller of the option. In other words, the owner of an options contract may exercise the contract, but both parties of a "futures contract" must fulfill the contract on the settlement date. The seller delivers the underlying asset to the buyer, or, if it is a cash-settled futures contract, then cash is transferred from the futures trader who sustained a loss to the one who made a profit. To exit the commitment prior to the settlement date, the holder of a futures position has to offset his/her position by either selling a long position or buying back (covering) a short position, effectively closing out the futures position and its contract obligations.
Futures contracts, or simply futures, (but not future or future contract) are exchange traded derivatives. The exchange's clearing house acts as counterparty on all contracts, sets margin requirements, and crucially also provides a mechanism for settlement.[2]
( source wikipedia )
The price is determined by the instantaneous equilibrium between the forces of supply and demand among competing buy and sell orders on the exchange at the time of the purchase or sale of the contract.
In many cases, the underlying asset to a futures contract may not be traditional "commodities" at all – that is, for financial futures, the underlying asset or item can be currencies, securities or financial instruments and intangible assets or referenced items such as stock indexes and interest rates.
The future date is called the delivery date or final settlement date. The official price of the futures contract at the end of a day's trading session on the exchange is called the settlement price for that day of business on the exchange[1].
A futures contract gives the holder the obligation to make or take delivery under the terms of the contract, whereas an option grants the buyer the right, but not the obligation, to establish a position previously held by the seller of the option. In other words, the owner of an options contract may exercise the contract, but both parties of a "futures contract" must fulfill the contract on the settlement date. The seller delivers the underlying asset to the buyer, or, if it is a cash-settled futures contract, then cash is transferred from the futures trader who sustained a loss to the one who made a profit. To exit the commitment prior to the settlement date, the holder of a futures position has to offset his/her position by either selling a long position or buying back (covering) a short position, effectively closing out the futures position and its contract obligations.
Futures contracts, or simply futures, (but not future or future contract) are exchange traded derivatives. The exchange's clearing house acts as counterparty on all contracts, sets margin requirements, and crucially also provides a mechanism for settlement.[2]
( source wikipedia )
Wednesday, March 24, 2010
Bob Chapman : this Healthcare bill is a financial disaster
Bob Chapman on Radio Liberty 15 March 2010
Today 10% of the Americans are on food stamps , the unemployment is on the rise he economy is a disaster and yet they claim that we are in a recovery ?!...
The next elections are so important , we got to throw 75% to 95% of the constituents out of office , these are the people being paid by the brotherhood of darkness said Bob Chapman the International Forecaster....
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
U.S. Stocks May Fall 15 Percent
TCW's Sri-Kumar Says U.S. Stocks May Fall 15 Percent
March 24 (Bloomberg) -- Komal Sri-Kumar, chief global strategist at TCW Group Inc., talks with Bloomberg's Carol Massar and Matt Miller about the outlook for U.S. stocks. Sri-Kumar also discusses the U.S. economy, Treasury market and Fitch Ratings' cut in Portugal's credit grade. Barry Knapp, head of U.S. equity strategy at Barclays Plc, and Bloomberg's Adam Johnson also speak. (Source: Bloomberg)Commodities Roar Higher following the Euro reversal,
Commodities are rallying following the euro's reversal, with Dennis Gartman, The Gartman Letter.
Assessing Sugar and Other Soft Commodities
Sugar prices have tumbled in recent months but weather risks like the Indian monsoon could turn prices up again, says Wayne Gordon, senior analyst at Rabobank. He shares his outlook for soft commodities with John Licata of Blue Phoenix and CNBC's Amanda Drury and Sri Jegarajah.
Bullish on Bullion
Western investment demand for gold will stay well-supported regardless of the economic outlook, says Rozanna Wozniak, investment research manager at World Gold Council. She tells Michael Yoshikami of YCMNET Advisors, CNBC\'s Martin Soong & Karen Tso why.
2 Viable Alternatives to Utilizing Your Existing Merchant Starter Account for a Second Yahoo Store
Every Yahoo store requires a separate merchant account even if you operate more than one store with them. For identification and individuality purposes, it would not be possible to make use of the same merchant account if you are planning to open a second Yahoo store in addition to your starter merchant plan. Alternately, you can either apply for a new merchant account or upgrade your current Yahoo Merchant Solutions plan.
If you want to create another store with Yahoo either because you intend to offer new products and services or because your website’s traffic volume has increased to exceed your store’s capacity, you are required to open a new merchant account. This is because the features of Yahoo! Merchant Solutions are intended to benefit and apply to individual business needs, thus requiring a specific merchant ID (MID) and terminal ID (TID) per store, assigned by your merchant account provider. To address your concern, consider the following alternatives:
Apply for a new merchant account
If you have a new set of products or services to offer, then you really need to open a new store. Your option would be to apply for a new Yahoo store merchant account that is compatible with First Data Merchant Services (FDMS) Nashville Platform. FDMS is Yahoo’s payment gateway service provider. Aside from being a requisite, even if it would be possible to use only one merchant account for both stores, it would be logical to separate your funds with each other, since the nature and the needs of your new store would be different from your existing business. In this way, it would be easier for you to manage your funds especially when reconciling your sales and profits, as well as dealing with chargebacks or refunds to customers.
Upgrade your current Yahoo Merchant Solutions plan
If you are planning to open a second Yahoo store because the traffic in your website has increased or maybe you want to expand your business and add related products, but your store’s capacity is not able to handle your needs, then you can resort to upgrading your store. You do not have to create a new store and undergo all the hassles and incur all the additional expenses starting from business permits to new merchant account applications, new website, and other related operating costs. Considering you have a starter plan with Yahoo, you can upgrade to either standard or professional plan depending on the sales you expect to generate per month. Even if upgrading entails higher fixed monthly fees, per transaction fees are lower for these higher plans. More features are also included, which will allow you to save more in the long run.
What is important in decision-making is that you are able to see all the benefits and the costs that go hand in hand. Always remember that your aim is not only to increase your sales, but ultimately to gain more profits. You need to provide yourself with as much options available in order to come up with the best course of action that will help boost your business.
If you want to create another store with Yahoo either because you intend to offer new products and services or because your website’s traffic volume has increased to exceed your store’s capacity, you are required to open a new merchant account. This is because the features of Yahoo! Merchant Solutions are intended to benefit and apply to individual business needs, thus requiring a specific merchant ID (MID) and terminal ID (TID) per store, assigned by your merchant account provider. To address your concern, consider the following alternatives:
Apply for a new merchant account
If you have a new set of products or services to offer, then you really need to open a new store. Your option would be to apply for a new Yahoo store merchant account that is compatible with First Data Merchant Services (FDMS) Nashville Platform. FDMS is Yahoo’s payment gateway service provider. Aside from being a requisite, even if it would be possible to use only one merchant account for both stores, it would be logical to separate your funds with each other, since the nature and the needs of your new store would be different from your existing business. In this way, it would be easier for you to manage your funds especially when reconciling your sales and profits, as well as dealing with chargebacks or refunds to customers.
Upgrade your current Yahoo Merchant Solutions plan
If you are planning to open a second Yahoo store because the traffic in your website has increased or maybe you want to expand your business and add related products, but your store’s capacity is not able to handle your needs, then you can resort to upgrading your store. You do not have to create a new store and undergo all the hassles and incur all the additional expenses starting from business permits to new merchant account applications, new website, and other related operating costs. Considering you have a starter plan with Yahoo, you can upgrade to either standard or professional plan depending on the sales you expect to generate per month. Even if upgrading entails higher fixed monthly fees, per transaction fees are lower for these higher plans. More features are also included, which will allow you to save more in the long run.
What is important in decision-making is that you are able to see all the benefits and the costs that go hand in hand. Always remember that your aim is not only to increase your sales, but ultimately to gain more profits. You need to provide yourself with as much options available in order to come up with the best course of action that will help boost your business.
Subscribe to:
Posts (Atom)
