David Morgan, founder of Silver-Investor.com, discusses what record-high gold prices mean for silver.
Sunday, September 26, 2010
Saturday, September 25, 2010
Webster Tarpley - World Crisis Radio 09.25.2010
Webster Tarpley: the most incisive critic of Anglo-American hegemony. As an activist historian he is best known for his book- George Bush: The Unauthorized Biography (1992), a masterpiece of research which is still a must read. He is a 9/11 Truth Scholar and activist; AB Princeton 1966, summa cum laude and Phi Beta Kappa; Fulbright Scholar at University of Turin, Italy; and MA in humanities from Skidmore College. He is fluent in Italian, German, French, Latin and Russian. A decades-long expert on international terrorism, his 1978 study for the Italian parliament "Chi ha ucciso Aldo Moro?"(Who Killed Aldo Moro?) broke open the ownership of the "Red Brigades" by NATO's clandestine "stay-behind" networks.
Webster Griffin Tarpley is an investigative journalist an activist and a historian best known for his George Bush: The Unauthorized Biography (1992), which has become an underground classic on the Internet He co-authored American Leviathan: Administrative Fascism Under the Bush Regime (1991), which identified many tendencies which have become prominent today.
An expert on international terrorism with decades of experience, he directed the study Chi ha ucciso Aldo Moro? (Who Killed Aldo Moro?) which was commissioned by a member of the Italian government and published in Rome in 1978. [Aldo Moro was an ex-prime minister of Italy who was murdered by the "Red Brigades," who were ultimately found out to be a front for a fascistic state terror group.]
Against Oligarchy, a collection of Tarpley's essays and speeches, appeared on the Internet in 1996. He also wrote Surviving the Cataclysm (1999), an analysis of the world financial crisis. Tarpley has appeared on CNN Crossfire, Charlie Rose, talk radio, and cable access television across North America.
Webster Griffin Tarpley: Historian, Iconoclast, Investigative Journalist is an activist and historian best known for his George Bush: The Unauthorized Biography (1992), which has become an underground classic on the Internet . He co-authored American Leviathan: Administrative Fascism Under the Bush Regime (1991), which identified many tendencies which have become prominent today.An expert on international terrorism with decades of experience, he directed the study Chi ha ucciso Aldo Moro? (Who Killed Aldo Moro?) which was commissioned by a member of the Italian government and published in Rome in 1978. [Aldo Moro was an ex-prime minister of Italy who was murdered by the "Red Brigades," who were ultimately found out to be a front for a fascistic state terror group.]Against Oligarchy, a collection of Tarpley's essays and speeches, appeared on the Internet in 1996. He also wrote Surviving the Cataclysm (1999), an analysis of the world financial crisis. Tarpley has appeared on CNN Crossfire, Charlie Rose, talk radio, and cable access television across North America. For recent radio appearances by Webster Tarpley, see Authors on the Air. Please see New Releases for synopses of his masterly exposé of 9/11, 911 Synthetic Terror: Made in USA and of George Bush: The Unauthorized Biography, which Progressive Press is also reprinting. Here is what independent journalist Judy Andreas had to say about Webster Tarpley's presentation at the 9/11 Truth conference in NYC : An Evening In Pursuit Of The Truth. Words cannot express what an inspiring, exciting event I attended on September 11, 2004 in New York City... Webster Tarpley gave a superb talk. Mr. Tarpley has a book that will be released in October called 9/11 Synthetic Terrorism Myth of the Twenty-first Century. This book explores the terrorist attacks of September 11, 2001 as an example of state-sponsored, false-flag terrorism, carried out by a rogue network within the US government - a rogue network which is the current form of the invisible government behind the Iran-contra scandal of 1986-88. Because of the constraints of time, Mr. Tarpley could only touch briefly on the roles of patsies, moles, expert professionals, the controlled corporate media and a privatized command center, as he showed how the empirical evidence around 9/11 made sense. Tarpley demonstrated that the official accounts of the Pentagon crash, the fall of the Twin Towers, the fall of WTC 7, and the crash of United 93 in Shanksville are physically impossible, and the idea that "four misfit hijackers" could pilot commercial jets is beyond the bounds of physical and technical reality.
Down the Rabbit Hole Lucas
Aurora and Doctor Whodini's special guest is the webmaster of The Rabbit Hole, Lucus.
Lucus put together a website dedicated to the return of the "Destroyer" or better known as Planet X. He also lectures and produced an interesting series of videos detailing Planet X.
The evidence is everywhere about Planet X in the ancient past!
Richard Dolan on ET Disclosure Sep 19th 2010
After Disclosure
During the first hour, historian Richard Dolan talked about his impending book, co-authored with Bryce Zabel, titled AD After Disclosure. He noted that the book was inspired by the fact that disclosure is often discussed in the UFO community, but few researchers ever go beyond that idea to contemplate "what happens next." Dolan was optimistic about the forecast for humanity in the event that UFO truth is revealed, but cautioned that a lot will depend on what we learn about the ETs. While he was adamant that UFO disclosure is an inevitability, Dolan was skeptical of the idea of a long-range conditioning process. On the contrary, he said, "what I see is that they have no plan to prepare us for contact."Jim Marrs on Jeff Rense 23 Sept 2010
Jim Marrs is an award-winning journalist and has over 30 years experience with several Texas newspapers. In 1999, he began teaching a course on UFOs, perhaps one of the first university level UFO courses in the nation. Jim also investigated the U.S. Army's remote viewing program three years before it was publicly acknowledged by the CIA and then produced "Alien Agenda." In addition, his book, "Rule by Secrecy," has been termed an "underground best-seller".
Gold and Silver will take off from now on
Bob Chapman's Friday Economic Report: Failures In Money Control Becoming More Obvious
Bob Chapman : get out of the stock market in general except gold and silver shares , the bond market is in a bubble that will eventually burst....
Bob Chapman wrote on the last International forecaster issue :"As usual the Fed was late in applying remedial therapy and that will prove costly. The funding of US debt by foreigners has become very costly and some are jumping ship and some are even using their dollars to buy gold. The game is changing, but will other countries risk a worldwide collapse by not rescuing the US economy? We don't know but it doesn't look promising. Monetization is coming and most nations are frozen in the headlights. Washington and NYC have applied pressure over and over again, but their arrogance has not gone unnoticed. There is a pretense of control as unemployment climbs and stability comes more into question. Headlining unemployment, U3, at 9-3/4% is dumb, when anyone with any sense can see U6 and the bogus birth/death ratio. Yes, unemployment is 21-5/8% and for those who want to see the truth it is visible worldwide. Real estate continues to descend, as the consumer reduces debt and consumption. "
Investing in Gold & Silver
Sept. 24 2010 | Investing in gold & silver, with Kevin Kerr, Kerr Trading International.
Investing in Gold & Silver
Sept. 24 2010 | Investing in gold & silver, with Kevin Kerr, Kerr Trading International.
Friday, September 24, 2010
The Coming Middle east war
Join us as we welcome Matt Bluff from Rapute ready radio to the Prophecy Zone as we talk about Russia from the book of Ezekiel 38 and 39. Psalm 83 and Isa 17 will also be a topic.
Any Hope for Housing Recovery?
Sept. 24 2010 | Is the American Dream turning into a complete nightmare? Insight with Brian Wesbury, First Trust Advisors; Shari Olefson, Fowler, White & Boggs and CNBC's Diana Olick.
Big Bull Market in Gold - Peter Schiff gold is still Cheap
Peter Schiff gold is still Cheap
Sept. 24 2010 | Debating how high this metal can run, with Michael Cuggino, Permanent Portfolio Funds; Jim LaCamp, Macro Portfolio Advisors and Peter Schiff, Euro Pacific Capital.
Coast to Coast AM - Behind Conspiracy Theories
| Guests: | David Aaronovitch, Richard Dolan |
Aaronovitch detailed a number of problematic attributes which he feels "attach themselves" to conspiracy theories and those who subscribe to them:
- Conspiracy theories do not allow for accident, incompetence, or coincidence.
- The official version of events "almost always, at its heart" has anomalies that cannot be reconciled.
- Scholars, usually with exaggerated credentials, are named as proponents of the theory.
- The theory is anti-elite and, thus, the theorist becomes "kind of a minuteman" warning the populace about the "powers that be."
Aaronovich also looked at a number of suspect issues surrounding a variety of conspiracy theories. With regards to the Moon Landing hoax, he observed that to complete such a fabrication would require far more manpower than the actual lunar landing itself. In addition to that, he pointed out that lunar conspiracy theorists often focus solely on the Apollo 11 landing and ignore the many other trips made to the moon. Regarding 9/11, Aaronovich conceded that the official version of events is also a conspiracy theory, but that its very simplicity is what makes this theory much more plausible than a grand overarching plan by nefarious forces inside the US government. To that end, he noted that if the government was truly clever enough to "organize conspiracies," then they would have planted WMDs in Iraq rather than invade the country and find none. "It would have been a much simpler thing to do," he mused, "and yet they didn't."
source : Coast to Coast AM >>>
Stocks Soar as Closing Bell Nears
FBN's Robert Gray breaks down the market moves as the session nears its end.
Bob Chapman - Political and Spiritual Roots of the Economy 20 Sept 2010
Bob Chapman on Radio Liberty
Bob Chapman wrote in The International Forecaster of the 22nd September 2010 : "As quantitative easing again gets underway the failure of QE1 becomes more obvious. The crisis worsens and the illusion of any recovery is light years away. Over the past three years almost $13 trillion that we know about has been thrown down a rat hole to bail out banking, Wall Street, insurance and selected elitist entities. The dollar figure is probably much higher. We will never know, because the privately owned Federal Reserve makes its own rules. Everything they do is a state secret. The five successful quarters were only a mirage. The funds have been vaporized among lending and financial institutions worldwide. There has been no accounting and there never will be as long as the Fed is not audited and investigated. We are in an inflationary depression and have been since February 2009. Massive injections of liquidity do not work, nor have they worked for centuries under these conditions. You cannot resurrect an insolvent country in a system that is corrupt. The controllers of the US economy are about to lead the American economy and financial structure into a great dark pit. The US and the world is soon to face a global breakdown deliberately engineered by the forces of darkness. "
Bob Chapman: Dollar Devaluation between September and December of 2010
12-07-09: Bob Chapman says that a source told him they expect an official US Dollar devaluation between September and December of 2010. Will it happen? Who knows. But I follow Bob enough that I believe he was legitimately told this by someone who he considers "inside." We will see I guess.
Gold Breaks Psychological Barrier of $1,300 US an ounce
Gold futures surged as high as $1,301.30 US an ounce in morning trading in New York before it slipped back
Existing U.S. Home Sales Rise in August From Record Low
Sept. 23 (Bloomberg) -- Sales of U.S. previously owned homes rose in August to the second-lowest level on record, indicating housing remains depressed a year after the economic recovery began. Purchases of existing houses climbed to a 4.13 million annual pace, in line with the median forecast of economists surveyed by Bloomberg News and second only to July’s 3.84 million rate as the weakest in a decade’s worth of data, the National Association of Realtors said today in Washington. Bloomberg's Margaret Brennan and Michael McKee report. (Source: Bloomberg)
Petrobras Raises $70 Billion in Largest Share Offering
Sept. 24 (Bloomberg) -- Petroleo Brasileiro SA, the state-controlled oil company, raised 120.4 billion reais ($70 billion) from the Brazilian government and other investors in the world’s largest share sale as it seeks cash to develop offshore fields. Bloomberg's Cecilia Tornaghi reports.(Source: Bloomberg)
Ian Williams, Gold May Rise Substantially; Bonds in Bubble
Sept. 23 (Bloomberg) -- Ian Williams, chief executive officer of Charteris Portfolio Managers, talks about the outlook for gold and bonds amid speculation about more so-called quantitative easing. He speaks with Maryam Nemazee on Bloomberg Television's "On The Move."
Stan Deyo - The Reason For The UFO Coverup
Whistleblower testimony on covert operations involving free energy and anti-gravity technology and their plans for humanity that relate to the UFO phenomenon and cover-up.
Disclose.tv - Stan Deyo - The Reason For The UFO Coverup Video
Disclose.tv - Stan Deyo - The Reason For The UFO Coverup Video
Thursday, September 23, 2010
PROOF Morphing Orb UFOs Hide in Woods!, September 21, 2010
Can't get any better evidence since they're ADVANCED aliens with SUPERIOR technology that can detect humans as well as morphing and traveling from where ever as small bubble-looking orbs that EXPAND into any shape they want.
Not a hoax, Not R/C models, balloons, Chinese Lanterns, secret military stuff, swamp gas or beer farts...
Not a hoax, Not R/C models, balloons, Chinese Lanterns, secret military stuff, swamp gas or beer farts...
UFO over Dublin Ireland
Recorded January 1st 2010 in Dublin Ireland.. There are several more videos from different angles of this event.
Disclose.tv - UFO's Seems to good to be true geat if real Video
Disclose.tv - UFO's Seems to good to be true geat if real Video
Why Gold Prices Havent Hit $1,300
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, reveals why gold hasn't broken the $1,300 psychological level yet.
An Unfair Advantage - A Rich Dad Documentary - Robert Kiyosaki
An Unfair Advantage - A Rich Dad Documentary - Robert Kiyosaki
After working as look as I did at the Rich Dad Company, I can pull a few strings on the inside.
EXCLUSIVE PREVIEW VIDEO
In this preview of "An Unfair Advantage," a new documentary from Robert Kiyosaki and the Rich Dad advisors, we find out what a few greedy people did to enslave the world, and the tool they used to do it - the American dollar.
Robert Kiyosaki, Kim Kiyosaki, Ken McElroy, Michael Maloney, Marco Antonio Regil, Trina White Maduro, Tom Wheelwright and other Rich Dad advisors, take us behind the scenes of the greatest transfer of wealth in human history.
But not only do they expose what got us to this unique point in history, they tell us what we can do to save ourselves and our families from disaster.
This is an exclusive clip of the ground breaking documentary, "An Unfair Advantage."
Bob Chapman Gold and Silver Predictions for the coming weeks
Alex Jones talks with Bob Chapman about future Gold and Silver trends.
Bob predicts silver to hit 23 to 25 Dollars over the next 3 weeks.
Bob predicts silver to hit 23 to 25 Dollars over the next 3 weeks.
Are Commodities a Buy?
Performance Trust Capital Partners' Brian Battle argues commodities and oil companies that are paying dividends are a buy.
Gold Nears $1300 Mark
Sept. 23 2010 | Insight on gold's record high, with Aaron Regent, Barrick Gold president & CEO.
Gold Nears $1300 Mark
Sept. 23 2010 | Insight on gold's record high, with Aaron Regent, Barrick Gold president & CEO.
Currency Clashes on the Way
Sept. 23 2010 | As numerous countries try to keep their currency at low levels to boost economic growth, it will lead to a heated political situation, Stephen Gallo, head of market analysis at Schneider Foreign Exchange, told CNBC Thursday.
Wednesday, September 22, 2010
Gold and Silver Are Sounding The Alarm
http://inflation.us/
Helping Americans Prepare for Hyperinflation.
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How Gold and Silver are Warning U.S.
Gold is Sounding an Alarm Few in the Mainstream Media Want to Discuss
The questions is - Why are Gold and Silver Price Alarms going off?
First, Western World budget deficits are now totally uncontrolled. Debt is esentially destroying the Western World
Second, The Obama administration has saddled us with enough debt at the federal level to last three generations all in the name of "stimulus".
Third, The US Federal Reserve is Insolvent and Bankrupt They have flooded the system with liquidity through Quantitative Easing
They have loaded their balance sheet with worthless loan paper and reduced interest rates to 0% for over 20 months
And What have been the results? Paralyzed job growth., record unemployment, record food stamps, and record poverty levels.
Gold and Silver are sounding the Alarm, but Food and Energy price increases will soon follow.
The face of Inflation has recently reared its ugly head in commodity prices.
The Commodity sector is driving food prices to levels not seen since 2008. (Graph of Commodities prices)
When higher commodity prices translate into $500 grocery bills, recession weary americans may go into economic shock.
Energy Prices have stayed in check, but this may be the calm before the oil price storm.
When oil and energy prices rise rapidly, home heating bills, home cooling bills and gasoline prices will join the long list of soaring costs nationwide.
Remember when gasoline went to $5 dollars per gallon? A sheer panic ripped across this country. It's coming again, but be prepared for the prices to stay
The combination of skyhigh food and gasoline prices may be the final nail in the coffin of the American Middle Class.
Travelling with Physical Gold Coins as insurance will soon become the norm. In many parts of the world the 1996 $50 or $100 US note is worthless because of the quality of counterfeits being printed internationally.
In Europe, American travellers are learning that the US Dollar is untradeable on the street. And Personally, 1 gold coin got me out of a very bad situation in Mexico City during the H1N1 outbreak.
Make no mistake about what you are seeing, especially with the price action of gold and silver.
Both metals are signifying a loss of confidence in the Dollar and particularly in its management team.
The Price of gold is no longer mental speculation, but rather reality hiding in plain sight.
The Day when every American recognizes paper bills as trash and gold and silver as true money, is almost here.
Bob Chapman John Stadtmiller Jeff Bennett, - Roundtable Sept 21 2010
John Stadtmiller Sept 21 2010- Jeff Bennett,Bob Chapman- Roundtable
John hosts a weekly financial round table with Jeff Bennett and Bob Chapman. Some have said this is the best two hours in radio.
This is the first time Jeff Bennett appears on the Roundtable as he replaced Robby Noel who moved back to South Africa.
NOTE: John Stadtmiller is off and scheduled for surgery this coming Friday. Jeff Bennett filled in for John Stadtmiller tonight. It was Jeff and Bob Chapman for the entire roundtable.......
John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.
John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!
John hosts a weekly financial round table with Jeff Bennett and Bob Chapman. Some have said this is the best two hours in radio.
This is the first time Jeff Bennett appears on the Roundtable as he replaced Robby Noel who moved back to South Africa.
NOTE: John Stadtmiller is off and scheduled for surgery this coming Friday. Jeff Bennett filled in for John Stadtmiller tonight. It was Jeff and Bob Chapman for the entire roundtable.......
John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.
John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!
Market Update: September 22, 2010
"U.S. stock futures are trading lower Wednesday as traders turned to buying Treasurys and gold after the Federal Reserve issued a statement with no immediate plans to stimulate the economy. However, the Fed said Tuesday afternoon that it was ready to step in and support growth if needed. Economic reports due out include the FHFA house-price index. In corporate news, Novartis (NYSE:NVS) said that the FDA approved its multiple-sclerosis drug Gilenya. General Mills (NYSE:GIS) reported fiscal Q1 EPS of $0.64, ex-items, topping consensus estimates by a penny. Revenues in the quarter rose 1.5% to $3.53 billion, but came in short of consensus estimates of $3.57 billion. The Dow Jones Industrial Average (DJI) futures are trading 12.00 points below fair value, the S&P500 (INX) futures are trading 1.10 below fair value and the Nasdaq Composite (IXIC) futures are trading 4.50 points below fair value.
Denver Gold Forum: Beware These Stocks
Denver (TheStreet) -- Tom Winmill, portfolio manager of the Midas Fund, reveals the gold mining trends he's seeing at the Denver Gold Forum, what stocks to avoid and which ones to buy.
Petrie Sees Oil Production Peaking Between 2012 and 2015
Sept. 20 (Bloomberg) -- Thomas Petrie, vice chairman of Bank of America-Merrill Lynch, talks about the U.S. government's moratorium on deep-water oil drilling and the outlook for oil production. Petrie also talks about BP Plc's Macondo well in the Gulf of Mexico and consolidation in the oil industry. He talks with Matt Miller and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Housing Starts Surge 10.5%
Housing starts surged 10.5% in August, to a seasonally adjusted annualized rate of 598,000. The jump was a surprise to economists, and a contrast to Julys data, which was revised downward slightly to an increase of just 0.4%.
Gold Hits Another Record as Dollar Tumbles On Fed Announcement
Max Keiser: Return to The Gold Standard
http://www.infowars.com/gold-hits-another-record-as-dollar-tumbles-on-fed-announcement/Not only are private investors flocking to gold, but so are central banks, as former stock broker Max Keiser noted on the Alex Jones Show yesterday. “Central banks for the first time in decades are buying gold,” Keiser explained. “Up until recently they were net sellers of gold, now they are actually buying gold. So, this is another huge piece of the equation for gold.”
Tuesday, September 21, 2010
Mike Maloney Schools Bankers on Deflation $10 Oil?
Mike Maloney speech in Russia
http://www.wealthcycles.com Mike Maloney was recently invited to speak at the 8th International Banking Forum in Sochi, Russia. The purpose of the conference was for bankers from around the world to meet and discuss the current state of the global economy, the banking system, and strategies for protecting their personal wealth (hence the speaking spot for Mike).
The first morning passed without too much fuss as each speaker gave an introduction and a brief talk on his or her area of expertise. However, by the end of the day...it became obvious that something was definitely wrong. After speaking with many of the attendees, Mike was alarmed to find that practically none of the international bankers understood our present monetary system. Most had no idea how currency is created! Here at wealthcycles.com, we've often wondered exactly how well modern day bankers understand the worldwide predicament that we find ourselves in. Ladies and gentlemen, our worst fears have been confirmed - the lights are on, but there's nobody home.
Mike's presentation on personal protection of wealth changed overnight, into one of basic education on our monetary system. How can anybody take the role of wealth protection (or running an economy!) seriously unless they can see the massive storm that lies ahead?
Whether you are a banker or a baker, a lawyer or a bricklayer...the time to get educated is NOW. We hope you enjoy Mike's frantic effort to awaken the conference from its slumber. It would have been nice for Mike to finish his speech, but perhaps there was a little too much reality on the stage for these Masters Of The Matrix, the Demigods Of Delusion.
Best of luck to us all. Part 2 to follow tomorrow. Please take the time to visit Mike's new educational website http://www.wealthcycles.com
To get a copy of the dvd Mike holds up, here it is: http://www.goldsilverdvd.com
Gold Price Forecast
Today we are going to be looking at gold with a gold price forecast. We analyze the recent run-up that has created a great deal of excitement and fear for many investors and traders.
We're also going to be looking at some upside measurements that we have for this market. Conversely, we are also looking at an area that should provide support should the gold market pull back from its current levels.
In this new video we are going to be focusing on our "Trade Triangle" technology and what it means for traders. We will explore short-term, intermediate-term, and long-term trading in this precious metal. This will all be done using our "Trade Triangles."
As always our videos are free to watch and there is no need for registration. We hope that you enjoy the video and that you share your comments.
Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries. Many European countries implemented gold standards in the later part of the 19th century until these were dismantled in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon Shock, when the US unilaterally suspended the direct convertibility of the United States dollar to gold and made the transition to a fiat currency system. The last currency to be divorced from gold was the Swiss Franc in 2000.
Bob Chapman more Stimulus to come
Bob Chapman on Radio Liberty 20 sept 2010
Bob Chapman wrote in The International Forecaster of the 15 Sept 2010 :"As we pointed out in our last issue the administration will attempt to have $643 billion in stimulus passed by Congress between November 5th, and the end of the legislative session, this in the midst of 52.4% unemployment of people between 16 and 24 years old. No one needs to remind politicians and those who control them that this is the age group that fight wars and start revolutions. The corporations, which would receive tax breaks of $300 billion are making record profits and are sitting on over $1.5 trillion in cash. These are the same corporations that continue to fatten their bottom line by laying off workers. Far be it for us to call this a political payoff, especially with the elections only seven weeks away. This reminds us of five years ago when Congress allowed American transnational conglomerates, the same companies that have cost America eight million jobs over the past nine years, via offshoring and outsourcing, to bring home $350 billion from their hideaway in the Cayman Islands. The deal was that these corporations would bring home their loot at a tax rate of 5-1/4% instead of paying the regular 35%. For this they would create jobs. Needless to say, few jobs were created. These are the kind of sweetheart deals our politicians arrange for those who pay them off. Incidentally, the tax scam is still flourishing and the corporations now have $1.6 trillion sitting offshore waiting for another dispensation. Some things never change and what the administration proposes is just more of the same. A reward for those destroying our country. Wall Street, of course, looks at this quite differently, because they have an attention span and time horizon of 30 seconds, or the time needed to make the next trade or to create the next scandal. We were 28 years on Wall Street and we didn’t miss much. Incidentally, administrations pull this, let’s payback our masters, about every 2-1/2 years, thus, if you take the time to look you will find this is nothing new. Another question is where did the $868 billion in the first stimulus program go too? We have seen no accounting and sources in Washington tell us $275 billion still hasn’t been spent. Perhaps it has ended up in the hands of some labor union."
Stocks, Oil Advance as Dollar Weakens Before Fed Sets Policy
Stocks, Oil Advance as Dollar Weakens Before Fed Sets Policy
Dec. 16 (Bloomberg) -- U.S. and European stocks rose on speculation the Federal Reserve will say it plans to hold its benchmark interest rate at a record low for an extended period to sustain the global economic recovery. Oil and metals rallied as the dollar fell. Read article
Dec. 16 (Bloomberg) -- U.S. and European stocks rose on speculation the Federal Reserve will say it plans to hold its benchmark interest rate at a record low for an extended period to sustain the global economic recovery. Oil and metals rallied as the dollar fell. Read article
Gold Buying by Central Banks May Send Signal to Sell
Gold Buying by Central Banks May Send Signal to Sell
Dec. 16 (Bloomberg) -- Some of the biggest buyers of gold may be sending the strongest signal to sell it, if past performance is indicative of future results. Read article
Dec. 16 (Bloomberg) -- Some of the biggest buyers of gold may be sending the strongest signal to sell it, if past performance is indicative of future results. Read article
Bob Chapman : Gold will break all records
Bob Chapman wrote on The International Forecaster of September 15 2010: "Gold going higher, help creating jobs, Greece, Europe's poster child of failure, about quantitative easing, political corruption, real help is needed to create jobs.
On Friday, September 10, 2010, Horizon Bank, Bradenton, FL was closed by the Florida Office of Financial Regulation and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.
In site of intervention by “the Working Group on financial Markets”, gold has increased almost 16% year-to-date. It has done so for each of the past ten years, which has gone almost unnoticed by professionals and investors. Obviously some are watching or the price wouldn’t be where it is. Commodities have been up for 11 years and nine years for Treasuries. As you know we are trend followers, so gold and silver have been kind for our readers since June of 2000. That is after we bailed our subscribers out of the stock market in the second week of April of 2000. We were at a conference and Joe Granville made the same call on that sunny Saturday, so long ago."
Why Precious Metals Aren't in a Bubble
Why Precious Metals Aren't in a Bubble
Critics of precious metals investing have called gold and silver a bubble, further claiming that today's higher prices will fade as economic conditions improve. Although gold and silver prices are much more expensive than they were even a few years ago, gold and silver are hardly near bubble status. Read article
Critics of precious metals investing have called gold and silver a bubble, further claiming that today's higher prices will fade as economic conditions improve. Although gold and silver prices are much more expensive than they were even a few years ago, gold and silver are hardly near bubble status. Read article
Monday, September 20, 2010
UK House Prices Decline
Sept. 20 2010 | UK house prices fell for the third straight month in September, according to a survey from Rightmove. "We do have an over-supply of stock," Miles Shipside, commercial director at Rightmove, told CNBC Monday.
John Meyer, Gold to Hit $1,500 by Xmas
Sept. 20 2010 | The price of gold could continue its rally and rise toward $1,500 per troy ounce before Christmas, John Meyer, head of resources at Fairfax IS, told CNBC Monday. Johan Dippenaar, CEO of Petra Diamonds, and David Kuo from The Motley Fool joined the discussion.
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