Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
Read More »
Web Site: http://dharmajoint.blogspot.com/
If US cities were poker hands, America's invisible hand would have folded Las Vegas long ago for there is nothing capitalist about gambling. Aside from being an anti-capitalist theme park (about which, more later), Vegas, as it is affectionately k...
Read More »
ZURICH, Sept 6 (Reuters) - Switzerland is set to partially meet a U.S. ultimatum and deliver an estimate of the amount of assets held by U.S. residents in secret accounts at Swiss banks, possibly up to $30 billion, a newspaper reported on Tuesday.
Citi...
Read More »
Gold Soars. Stock Markets Tank. US Debt Downgraded. China Calls for End to Dollar Dominance. Riots in London.
Devotees of Rapture Theory are likely wondering why they got left behind during the Tribulation. More worldly, modern perso...
Read More »
As the war of public words between the US and China escalates, the old adage- When you owe the bank $1Mil, you owe the bank. When you owe the bank $10Bil, they owe you - springs to mind, with a nasty twist. Chillingly, both parties are nuclear armed with significant standing armies.
Following S&P's downgrade...
Read More »
NewPopulationBomb by historian Jack Goldstone whose Revolution and Rebellion in the Modern World was an enlightening read.
Today's post, La Grande Revolution, Encore is quite pertinent for modern America.
To wit: Is there a lesson here for today, ...
Read More »
'When I use a word,' Humpty Dumpty said, in rather a scornful tone, 'it means just what I choose it to mean — neither more nor less.'
'The question is,' said Alice, 'whether you can make words mean so many different things.'
'The question is,' sa...
Read More »
We don't have a precise read on why this slower pace of growth is persisting. Ben Bernanke
Fed Chairman Ben Bernanke is confused. Interest rates are low, liquidity is flowing freely and equity prices are up between 15-20% year-on-year. Why then...
Read More »
rape (v.)
late 14c., "seize prey, take by force," from Anglo-Fr. raper "to seize, abduct," a legal term, probably from L. rapere "seize, carry off by force, abduct" (see rapid). Latin rapere was used for "sexual violation," but only very rarely; the usual Latin word being stuprum, lit. "disgrace."...
Read More »
rape (v.)
late 14c., "seize prey, take by force," from Anglo-Fr. raper "to seize, abduct," a legal term, probably from L. rapere "seize, carry off by force, abduct" (see rapid). Latin rapere was used for "sexual violation," but only very rarely; the usual Latin word being stuprum, lit. "disgrace."...
Read More »
Admittedly, it took more than a Cesar Millan "tsst" to stop Silver (and Gold and Oil) in its tracks. Raising the margin requirements (details of which are most ably covered by Jesse at his Café Américain), killing Osam bin Laden, and continuing to promise an end to debt monetization helped,...
Read More »
Admittedly, it took more than a Cesar Millan "tsst" to stop Silver (and Gold and Oil) in its tracks. Raising the margin requirements (details of which are most ably covered by Jesse at his Café Américain), killing Osam bin Laden, and continuing to promise an end to debt monetization helped,...
Read More »
The Libyan War, American Power and the Decline of the Petrodollar System
Being a lazy man, I'm always pleased to discover someone else has done the heavy lifting of ideas I should have fleshed out in my own arguments. The article linked above provid...
Read More »
The Libyan War, American Power and the Decline of the Petrodollar System
Being a lazy man, I'm always pleased to discover someone else has done the heavy lifting of ideas I should have fleshed out in my own arguments. The article linked above provid...
Read More »
Timing, they say, is everything.
Less than a week ago, Leon Panetta was replaced as CIA Director by Gen. Petraeus, and nominated as Secretary of Defense.
Today, the world learns of Osama bin Laden's death.
What other changes are in the offing?
Read More »
Osama bin Laden, according to CNN, has been killed in a firefight with US forces in Pakistan and his body has been recovered.
Almost a decade ago, bin Laden, in hopes of, according to some reports, inspiring a jihad and bleeding US financial strength...
Read More »
In boom times, credit rating agencies, like S&P, are thought to have the foresight of the Fates- figures of Greek (et al.) Mythology who spun, measured, and cut the threads of life. As boom turns to bust, these credit rating agencies fall...
Read More »
In boom times, credit rating agencies, like S&P, are thought to have the foresight of the Fates- figures of Greek (et al.) Mythology who spun, measured, and cut the threads of life. As boom turns to bust, these credit rating agencies fall...
Read More »
If you think of just the interest rate aspects of Social Security as a swap, those who depend on benefits are receiving fixed at 0% mind you (guaranteed interest income from non-existent bonds) and paying floating (COLA) which is rising. Oddly eno...
Read More »
If you think of just the interest rate aspects of Social Security as a swap, those who depend on benefits are receiving fixed at 0% mind you (guaranteed interest income from non-existent bonds) and paying floating (COLA) which is rising. Oddly eno...
Read More »
Within a decade there will no longer be additional surplus funds to be used to purchase US bonds which will have to then be sold on the open market. Call it peak SS Trust Funds, although peak trust might be even more apt. Captive Bidding at the auc...
Read More »
Within a decade there will no longer be additional surplus funds to be used to purchase US bonds which will have to then be sold on the open market. Call it peak SS Trust Funds, although peak trust might be even more apt. Captive Bidding at the auc...
Read More »
I have a very esoteric mind....if I could just remember where I put it. A. Burns
The problem with esoteric institutions, from the Priests of Ancient Egypt to today's Federal Reserve is the difficulty in retaining the well-hidden secrets these institutions are built upon. The more successfully esoteric the institution, the greater...
Read More »
I have a very esoteric mind....if I could just remember where I put it. A. Burns
The problem with esoteric institutions, from the Priests of Ancient Egypt to today's Federal Reserve is the difficulty in retaining the well-hidden secrets these institutions are built upon. The more successfully esoteric the institution, the greater...
Read More »
Trinity (seeing Neo turn to face an Agent): What's he doing?
Morpheus: He's beginning to believe.
Today's Wall St. Journal reports, JPMorgan will accept Gold as a type of collateral:
Gold hasn't reinvented itself as a currency yet. But it is getting closer.
J.P. Morgan Chase & Co. (NYSE: JPM - News) said it will allow clients...
Read More »
Trinity (seeing Neo turn to face an Agent): What's he doing?
Morpheus: He's beginning to believe.
Today's Wall St. Journal reports, JPMorgan will accept Gold as a type of collateral:
Gold hasn't reinvented itself as a currency yet. But it is getting closer.
J.P. Morgan Chase & Co. (NYSE: JPM - News) said it will allow clients...
Read More »
In a recent email debate I wrote the following, which I thought some might find interesting:
I remain somewhat puzzled at the notion of an Austrian resurgence as, in my view, Austrianism is dead. When modern nation-states were emerging in Eu...
Read More »
In a recent email debate I wrote the following, which I thought some might find interesting:
I remain somewhat puzzled at the notion of an Austrian resurgence as, in my view, Austrianism is dead. When modern nation-states were emerging in Eu...
Read More »
"The love of money" goes the old saying, "is the root of all evil."
I didn't even finish reading the news headline on AOL's purchase of The Huffington Post before the old adage popped into my head.
Confused?
Allow me to explain.
HuffPo's readers can likely recall Ms. Huffington's MoveYourMoney project- an attempt to shift...
Read More »
"The love of money" goes the old saying, "is the root of all evil."
I didn't even finish reading the news headline on AOL's purchase of The Huffington Post before the old adage popped into my head.
Confused?
Allow me to explain.
HuffPo's readers can likely recall Ms. Huffington's MoveYourMoney project- an attempt to shift...
Read More »
It should be noted that children at play are not playing about; their games should be seen as their most serious-minded activity. Michel de Montaigne
According to Lewis Straus, one of the original five Atomic Energy Commissioners, when John von Neu...
Read More »
Twitter links powered by Tweet This v1.8.3, a WordPress plugin for Twitter.
Recent Comments