|
Latest Articles: Business/Finance
Bernanke’s Stimulus Simply Following Global Elite’s Directives to Implode the US Dollar
Post Date: 2012-09-14 20:20:53 by farmfriend
1 Comments
Bernanke’s Stimulus Simply Following Global Elite’s Directives to Implode the US Dollar Susanne Posel Occupy Corporatism September 14, 2012 According to the Census Bureau , 15% of the US population descended into poverty in 2011. That amounts to 46 million Americans at or below the poverty threshold with an average household income of $23,200.00 annually for a family of four. Socialist programs like social security benefits assured that 21 million people were kept out of poverty. At the same time unemployment benefits floated 2.3 million people from being totally destitute. Food Stamps have increased to help 3.9 million people. The fact of low-paying jobs and the unemployed ...
Sell-Off of Dollar will assure hyperinflation
Post Date: 2012-09-14 13:33:53 by noone222
1 Comments
Fed to launch QE3 by buying mortgage securities
Post Date: 2012-09-13 14:02:28 by noone222
1 Comments
WASHINGTON (MarketWatch) — The Federal Reserve, worried that improvement in the unemployment rate has stalled, announced a third round of bond purchases on Thursday in an effort to bring down long-term interest rates and spur economic growth. The Fed said it would buy mortgage-backed securities at a pace of $40 billion per month. The Federal Open Market Committee, which ended a two-day meeting on Thursday, said it was concerned that, without the action, “economic growth might not be strong enough to generate sustained improvement in labor market conditions.” Read text of statement. In addition to bond purchases, the Fed said it intends to keep the benchmark short-term ...
Iran Gold Imports From Turkey Surge To $8 Billion YTD As Gold Increasingly Used As Currency
Post Date: 2012-09-13 11:42:53 by christine
9 Comments
Iran Gold Imports From Turkey Surge To $8 Billion YTD - $3.2 Billion Worth Of Bullion In Q2 2012 Today’s AM fix was USD 1,731.00, EUR 1,352.77 and GBP 1,081.33 per ounce. Yesterday’s AM fix was USD 1,732.75, EUR 1,355.09 and GBP 1,082.63 per ounce. Silver is trading at $33.57/oz, €26.36/oz and £21.02/oz. Platinum is trading at $1,602.75/oz, palladium at $668.20/oz and rhodium at $1,025/oz. Gold fell $8.80 or 0.506% in New York yesterday and closed at $1,729.20. Silver closed in New York at $33.57 down 0.06%. Click for Full Text!Poster Comment:Here's why the U.S. will be attacking Iran. Turkey is buying oil from Iran and paying in gold rather than in U.S. ...
BOMBSHELL!- FDIC SUES THE BIG BANKS FOR MASSIVE SECURITIES FRAUD!
Post Date: 2012-09-12 12:22:39 by christine
4 Comments
It’s been a while since I’ve dropped a BOMBSHELL….I’ve frankly been a bit per-occupied with several more important things. But the documentation of the biggest crime spree ever perpetrated on a nation continues to be rolled out….and it continues to be ignored by EVERYONE IN THIS ENTIRE NATION! I can only pound on the indictment of insurance fraud documented in the 49 State Attorney General Sellout. The press refuses to report on how we’ve all been sold out by the government that serves the banks…but I digress. No one cares about that anymore. Let’s talk about the THREE SEPARATE NUCLEAR BOMBSHELLS OF FINANCIAL MASS DESTRUCTION. The FDIC, ...
BP to sell Gulf of Mexico assets for 5.55 billion U.S. dollars
Post Date: 2012-09-11 03:38:45 by Tatarewicz
0 Comments
HOUSTON, Sept. 10 (Xinhua) -- British oil giant BP said Monday it has agreed to sell its interests in a number of oil and gas fields in the deepwater U.S. Gulf of Mexico as part of a previously-announced plan to divest its assets and position its Gulf portfolio for long-term growth. BP is selling its stakes in three BP-operated assets, including the Marlin hub, Horn Mountain, and Holstein, to Plains Exploration and Production Company, an American petroleum company based in Houston, Texas, for 5.55 billion U.S. dollars, BP said in a news release. The deal also includes BP's stake in two non-operated assets, Ram Powell and Diana Hoover. BP planned to sell these non- strategic assets in ...
Great green energy hope for Germany and India
Post Date: 2012-09-10 05:59:40 by Tatarewicz
1 Comments
As Germany and India mark 60 years of diplomatic relations, and with trade between the two countries booming, a huge opportunity is opening for the countries to cooperate in the renewable energy sector, argues Vijeta Rattani. Trade between Germany and India is set to top €20 billion this year – no country of the European Union is more important to India for business. As the Asian giant’s economy continues to grow it creates a seemingly unquenchable thirst for energy – much of which will have to come from renewable sources. And the government is serious about promoting the industry, creating huge opportunities for German industry, seen as a global leader in the field. ...
Canadian Housing Bubble Goes Into Full Mania Mode
Post Date: 2012-09-10 05:27:03 by Tatarewicz
0 Comments
As global real estate bubbles burst at differing intervals, those still engaged in the depths of mania fever find every convenient argument to justify the existence of the current inflated economic structure. We can debate the nature of the current US housing market but with the median nationwide home price at $151,600 from the most recent Zillow housing report and the median household income at roughly $50,000 prices look to be leveling out especially with the absurdly low interest rates. As we know, housing markets are regional so applying this nationwide trough to frothy markets may not be the best way to measure investment value. However, when we look at the Canadian housing market we ...
10 Ways to Spot Counterfeit Gold
Post Date: 2012-09-09 06:23:19 by Tatarewicz
5 Comments
The 2012 Summer Olympics have come and gone, and you probably learned that true gold isn't easy to come by — even for the world's most celebrated athletes. A Gold Medal is only 6 grams gold — a measly 1.34%. Copper, silver, and other metals make up the rest. And Olympic Gold Medals aren't the only fakes out there... Investors are riled up this year, as new cases unfold daily revealing fake gold bars being pawned off as the real deal. In March, UK media coverage exploded with a disturbing phenomena: gold bars filled with Tungsten instead of pure gold. tungsten *Image courtesy of GoldSeek. Gold owners have been shocked when they've attempted to cash in their ...
America's Dismal August Jobs Report
Post Date: 2012-09-08 15:35:42 by Stephen Lendman
2 Comments
America's Dismal August Jobs Report by Stephen Lendman Headlines obscured its ugliness. The Bureau of Labor Statistics (BLS) reported a dismal 96,000 jobs created. Whisper numbers suggested around 200,000. June and July totals were revised down 41,000. They're usually momentum drivers for future data releases. U-3 unemployment dropped from 8.3% to 8.1%. It's because 368,000 workers hadn't found jobs after over a year of looking. BLS calls them non-persons. They don't exist. At the same time, it added a fictitious 87,000 jobs based on so-called birth/death calculations. They turn reality on its head. The labor force participation rate fell from 63.7% to 63.5% month ...
If You Aren't Prepared for an Economic Collapse, Here's What Could Happen to You..
Post Date: 2012-09-07 05:36:35 by Tatarewicz
1 Comments
Most people just assume that since things have always been a certain way that they will always be that way in the future. Most people just have blind faith that the people running our government and our financial system know exactly what they are doing and that they are doing their best to take care of us. In fact, once upon a time I was fully convinced of that. When I was a kid I quickly realized that my elementary school teachers really didn't have the answers, but I had total faith that those running society at the highest levels were "experts" that were looking out for our best interests. As time went on I kept progressing in my education, and by the time I was finished ...
China attacks foreign short-sellers in official editorial
Post Date: 2012-09-06 04:04:05 by Tatarewicz
0 Comments
SHANGHAI, Sep. 6, 2012 (Reuters) — China said foreign short-sellers targeting Chinese companies listed in the U.S. are engaged in a "malicious act", in an editorial published by the official Xinhua news service on Wednesday. The editorial, titled "U.S. firms poison reputations of China start-ups for profit", represents the first time Beijing has taken a position on a running public brawl between a group of Chinese technology executives and Los Angeles-based short-seller firm Citron Research. The commentary called for the U.S. Securities Exchange Commission (SEC) to investigate short sellers like Citron and suggested that Chinese companies might stop listing in ...
Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG
Post Date: 2012-09-05 09:24:52 by Itistoolate
0 Comments
Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG Source: Michael Snyder, BLN Contributing Writer If you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing. Those that are “connected” have access to far better sources of information than the rest of us have, and if they hear that something big is coming up they will often make very significant moves with their money in anticipation of what is about to happen. Right now, Wall Street insiders and central banks all around the globe are making some very unusual moves. In fact, they appear ...
Five Popular Investing Cliches Every Investor Should Ignore
Post Date: 2012-09-05 06:19:20 by Tatarewicz
1 Comments
Experience teaches many lessons. As an investor, I've learned many lessons over the years. One of the more important lessons is to be leery of repetition. If I hear a word, phrase, or a concept repeated often to explain a myriad of phenomena, I immediately question the worth of the commentary, as well as the validity of the commentator's underlying thesis. Repetition of the familiar is often a mental short cut. It allows the commentator to explain a cause-and-effect relationship, even though he might be unsure of the relationship (or he might simply be attempting to fill space). Below are five commonly invoked buzz words or phrases investors would be better off ignoring. They ...
Iran has 'problems' selling oil: Ahmadinejad
Post Date: 2012-09-05 05:23:58 by Tatarewicz
0 Comments
Iran has "problems" exporting its oil, President Mahmoud Ahmadinejad admitted on Tuesday, but he said his government was determined to overcome that and other challenges posed by Western economic sanctions. "There are some problems in selling oil and we are trying to manage it," he said in an interview broadcast live on state television. Ahmadinejad accused "the enemy" of using "psychological warfare" against his country by imposing sanctions that have taken a toll on the economy. His admission capped a recent change in tone from Iran's top leaders, who for months had denied the sanctions were having an effect. Some lower-ranking officials ...
One-Stop Guide to Investor Fees
Post Date: 2012-09-01 06:06:38 by Tatarewicz
0 Comments
If you have a 401(k), odds are you received some new information from your retirement plan this week. New regulations required administrators of 401(k)s to disclose detailed plan costs to their clients in June. The information had to be sent by the end of August. Of course, that doesn't make the information easy to understand. The fine print, coupled with seemingly low percentage fees that add up to a lot over time, tends to deter or confuse many investors. The problem isn't limited to retirement accounts either. Even when an investor is fully aware of how much their broker or brokerage is collecting from them, they rarely are able to tell how much a different type of account or ...
Billionaires Battle Lessons
Post Date: 2012-08-31 14:13:31 by Lod
0 Comments
10 things we learned during billionaires' battle 6 minutes ago By DANICA KIRKA and SYLVIA HUI Associated Press (AP:LONDON) The $5.6 billion legal clash between Russian oligarchs Boris Berezovsky and Roman Abramovich offered a rare window into the lives of the fabulously wealthy. With judge Elizabeth Gloster ruling Friday in Abramovich's favor, let's look back at 10 things we learned during the testimony: ___ OLIGARCHS DON'T PUT ANYTHING IN WRITING. Gloster pointed out that almost all aspects of the alleged agreements between Berezovsky and Abramovich were in dispute, largely because many of the alleged deals were made orally. No one even took notes. Abramovich said ...
An Infantilizing Speech
Post Date: 2012-08-31 06:38:30 by Ada
5 Comments
Maybe I am getting older and crankier, but that struck me as an exceptionally infantilizing speech that Mitt Romney just gave, politically speaking. There were good bits in it, particularly in the soft-focus autobiographical stuff. He actually sounded like he choked up talking about missing the days when they’d wake up to find a pile of kids in their bedroom. He got a genuine laugh from a genuine joke. I’ve never cared much whether Romney seems “authentic” or “genuine” because those qualities in a politician are faked – what you’re seeing is the ability to seem genuine, seem authentic. If Romney lacks those qualities, they have practical ...
Doug Casey: The Real Price of Peak Oil
Post Date: 2012-08-30 05:00:11 by Tatarewicz
3 Comments
Doug Casey, chairman of Casey Research and expert on crisis investing, is on the search for real wealth – not investments in companies that push around paper. In this exclusive interview with The Energy Report, Casey shares his pragmatic take on what's next for oil, gas, and nuclear power. The Energy Report: There will be a Casey Research Summit on Navigating the Politicized Economy in Carlsbad, California, in September. At the last conference, Porter Stansberry caused some excitement with his argument that oil could go to $40/barrel (bbl). What's your view? Doug Casey: We like to have a range of defensible views represented at our conferences. But personally, I don't ...
China signs $3.5 billion deal for Airbus planes during Merkel visit
Post Date: 2012-08-30 03:54:01 by Tatarewicz
0 Comments
BEIJING, Aug. 30, 2012 (Reuters) — China signed an agreement with Germany for 50 Airbus planes worth $3.5 billion as German Chancellor Angela Merkel began her visit to China, state news agency Xinhua said, the first significant Airbus deal with China since a dispute between Beijing and the European Union over emissions trading. The dispute between Beijing and the EU had interrupted earlier deals worth up to $14 billion. China's ICBC Leasing and Airbus, whose parent company is EADS , signed the deal for 50 Airbus A320 planes and another agreement about Airbus plane assembling in China, Xinhua said. Industry sources said on Monday that Airbus had hoped to win orders of up to 100 ...
Obama, Romney and the Low-Wage Future of America
Post Date: 2012-08-29 09:53:40 by Kamala
11 Comments
Obama, Romney and the Low-Wage Future of America August 29, 2012 Dan Froomkin No comments The following appeared on The Huffington Post. To the extent that there has been any attention paid to public policy issues amid all the mud-slinging in the 2012 presidential campaign, the most frequent subject has been jobs — and which candidate can create more of them over the next four years. So far, that debate mostly involves attacking the other guy, rather than advancing any real solution. The Obama campaign has been trying to define Mitt Romney as an effete champion of outsourcing (with some justification) while the Romney camp has dwelled on Barack Obama’s failure to ...
Top Ten Trades of All Time
Post Date: 2012-08-28 06:02:22 by Tatarewicz
1 Comments
What were the greatest trades of all time? Who made them? Here is a list of the who, what, when, where, and how of the greatest trades that were ever made. While the risk management while executing many of these trades is not what many traders would want, we can see many of these as trend trades and the dangers of fighting the trends. These trades were not all entered into at one time, most of them were built slowly and grew by adding as profits accrued. Most were also watched closely with and eye on the exit button when a true reversal began. Livermore made many probing shorts that he had to stop out as the bull market reversed off support and continued upwards after appearing to roll ...
Doug Casey: Day of Economic Reckoning is Near
Post Date: 2012-08-28 05:37:30 by Tatarewicz
0 Comments
It is a deal with the devil: governments churn out more and more cash for the promise of continued prosperity. But the day of reckoning is near, according to Doug Casey, chairman of Casey Research and an expert on crisis investing. As the epic battle between inflation and deflation continues, Casey discusses his predictions for the new world market in this exclusive interview with The Gold Report. The Gold Report: There will be a Casey Research Summit on "Navigating the Politicized Economy" in Carlsbad, California in September. Investors from around the world look to these summits as future road maps for investing pitfalls and opportunities. The thesis behind the Summit is ...
The Mongolia of America
Post Date: 2012-08-28 04:54:37 by Tatarewicz
1 Comments
North Dakota and Mongolia are both wide-open spaces and relatively sparsely populated. (North Dakota-born CBS correspondent Eric Sevareid called his home state “a large, rectangular blank spot on the nation’s mind.”) Both are resource rich. And both are in the early stages of a boom. In the case of North Dakota, it already had some of the richest agricultural land in the US. Now it has oil — lots and lots of oil. North Dakota has become the second-largest producer of oil in the US, behind only Texas — thanks to the Bakken. The Bakken is the biggest oil discovery in at least 40 years. It is part of the Williston Basin, which is a giant 300,000-square-mile patch ...
Ford breaks ground on China plant key to growth plans
Post Date: 2012-08-28 02:39:26 by Tatarewicz
0 Comments
CHONGQING, China (Reuters) - Ford Motor Co will begin making its 2.0-liter EcoBoost turbocharged engine in Chongqing, its manufacturing hub in southwest China, next year, with the second-largest U.S. car maker hoping to catch up with rivals in the world's biggest auto market. Ford made the announcement at an event in Chongqing on Monday, when its top brass, including Chief Executive Alan Mulally, attended the groundbreaking of a third assembly plant. The engine plant is currently under construction at a separate facility in the same complex. "Asia Pacific is such a fantastic growth market, and China specifically - even though we've slowed down a little bit, it's still in ...
Latest [Newer] 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 [Older]
|