|
Latest Articles: Business/Finance
China remains top buyer of U.S. real estate
Post Date: 2016-07-11 08:04:52 by Tatarewicz
3 Comments
Beijing, July 11 (Xinhuanet) -- A total of 27.3 billion U.S. dollars, 29,195 houses – What these numbers are saying is China has been the largest buyer of U.S. homes for the second year in a row. Increasing activity has brought both the dollar volume and number of units sold to levels far exceeding that of any other foreign demographic. In terms of dollar volume, the Chinese bought 26.7 percent of the total amount of residential property sold,notes Lawrence Yun, chief economist at U.S. National Association of Realtors as quoted by news media on Saturday. In Profile of International activity in U.S. Residential Real Estate, market researchers at NAR outlined some major trends in ...
Gold's Long Game: Some Down, Lots of Up
Post Date: 2016-07-10 21:32:02 by BTP Holdings
0 Comments
Gold's Long Game: Some Down, Lots of Up Written by Gerardo Del Real Posted July 7, 2016 There’s a debate going on right now amongst new and veteran speculators in the gold and junior resource space. On one side is the camp that argues that nothing goes straight up and that gold, and the junior mining equities, are in for one last reminder of that rule that could see gold, and the juniors, pull back briefly but violently. 7.7.16 gold chart For those new to the gold or junior resource space, at the start of 1975 gold traded in the $198-per-ounce range, by August of 1976 gold traded at a 31-month low of $105.50 an ounce. Over the next four years, gold hit a high of $850 an ...
Charting The Epic Collapse Of The World's Most Systemically Dangerous Bank
Post Date: 2016-07-10 20:04:58 by EoghanG
3 Comments
It’s been almost 10 years in the making, but the fate of one of Europe’s most important financial institutions appears to be sealed. After a hard-hitting sequence of scandals, poor decisions, and unfortunate events,Visual Capitalist's Jeff Desjardins notes that Frankfurt-based Deutsche Bank shares are now down -48% on the year to $12.60, which is a record-setting low. Even more stunning is the long-term view of the German institution’s downward spiral. With a modest $15.8 billion in market capitalization, shares of the 147-year-old company now trade for a paltry 8% of its peak price in May 2007. THE BEGINNING OF THE END If the deaths of Lehman Brothers and Bear ...
Kudlow: Hillary Has No Growth Plan for 'Lousy Economy'
Post Date: 2016-07-08 22:15:53 by BTP Holdings
2 Comments
Kudlow: Hillary Has No Growth Plan for 'Lousy Economy' Image: Kudlow: Hillary Has No Growth Plan for 'Lousy Economy' (AP Photo/Andrew Harnik) By Frank McGuire | Thursday, 07 Jul 2016 02:39 PM Newsmax Finance Insider Larry Kudlow said Hillary Clinton’s biggest flaw is that she’s campaigning for president in a “lousy economy” and yet hasn’t offered a viable economic growth plan. “We are in a lousy economy, we're in a a business recession right now, not yet consumers (recession). She has no growth plan. What is her growth plan? She wants economic justice, social justice, environmental justice. What does that mean?” he asked in a CNBC ...
I received my first bitcoin payment today
Post Date: 2016-07-08 03:30:25 by Pinguinite
0 Comments
And it's pretty cool. The software works quite similarly to an Email. I set up my wallet program on my PC, then inside it, it gave me an address that I can send to others that want to pay me. The address looks a along random sequence of numbers and upper and lower case letters, though it will also translate it into a QR code, which is the squarish 2D bar code with the 3 distinct smaller squares on 3 corners. I send that to the payer, and he opens his wallet program, puts in the address and the amount to send, and it then appears in my wallet, and the transaction is complete. I now have $42 worth of bitcoin (at the current exchange rate).
Chinese banks putting down roots in Poland to enhance "Belt and Road" opportunities
Post Date: 2016-07-06 03:44:06 by Tatarewicz
0 Comments
WARSAW, July 5 (Xinhua) -- Recently, under a loan provided by the Bank of China's Polish branch, China Everbright International Limited acquired Poland's biggest solid waste disposal company, Novago, for 123 million euros (137 million U.S. dollars). The acquisition marks the largest sum of a single project in Poland by a Chinese enterprise. The purchase was one of many made by Chinese banks in Poland to promote the "Belt and Road" initiative. Poland, a crucial node in the "Belt and Road" initiative, due to its strategic location and good investment environment, has become a center of attention for many Chinese institutions and businesses. Numerous Chinese ...
An invaluable lesson on wealth “Generation Crybaby” needs to learn
Post Date: 2016-07-05 07:30:51 by BTP Holdings
1 Comments
An invaluable lesson on wealth “Generation Crybaby” needs to learn by Mark Ford From Mark Ford, founder, Palm Beach Research Group: The average Nicaraguan is born in a shack with a dirt floor. He earns roughly $90 per month. “E,” my handyman/gardener in Nicaragua, does better than that. He makes about $150 per month in salary and another $50 in tips and side jobs. In the U.S., E could earn that same monthly amount of $200 in two or three days. I don’t believe I’m personally responsible for this “inequality” of wealth. Nor do I believe that any government-sponsored effort to redistribute wealth would work. And yet, despite any good reason, I want ...
Loading Up on Cash and Gold Is the Only Way Out of This
Post Date: 2016-07-04 11:11:52 by BTP Holdings
5 Comments
Loading Up on Cash and Gold Is the Only Way Out of This Image: Loading Up on Cash and Gold Is the Only Way Out of This (Dollar Photo Club) By John Mauldin Friday, 01 Jul 2016 11:17 AM Looking at the global economy today, you can’t help but notice several worrying developments. On the one hand, we have currency devaluations and negative interest rate policies: on the other, slow-to-no economic growth in both developed and developing economies. Even experienced investors don’t know what to make of today’s financial markets. Given the ongoing turmoil and the potential fallout, where is your money safe? Here's what investment legends James Grant and Grant Williams had ...
Gold Continues To Soar: How To Profit
Post Date: 2016-07-04 10:13:19 by BTP Holdings
0 Comments
Gold Continues To Soar: How To Profit by Brandon Corby Friday, July 1, 2016 There is no denying that the markets are currently uncertain. Despite this, gold is continuing to soar high. How gold is currently performing Gold is currently trading at $1,324.90 per ounce, although it is currently trading -15% overall, the price of gold has been rising. The price of gold soared on the June 23rd, and had been steady since. p6.3 In fact, gold has been following this pattern for a while; in the past month, the price of gold soared at the beginning of the month and steadily rose. Despite a steep dip around June 20-23rd, gold prices have started to increase once more. p6.4 Charts show ...
More delays in export of surplus Alberta oil
Post Date: 2016-07-02 04:29:29 by Tatarewicz
0 Comments
Court quashes Northern Gateway approvals, leaving pipeline’s fate in hands of Liberal government CALGARY – A decision to cancel approval for Enbridge’s Northern Gateway pipeline has implications for a wide range of other energy projects, such as Kinder Morgan’s TransMountain project and the Energy East initiative. The Federal Court of Appeal on Thursday overturned the previous Conservative government’s approval of the Enbridge Inc. pipeline, saying there was a lack of consultation with First Nations. It’s up to the Liberal government to now decide if it should be built. Lawyers said other companies looking to build energy infrastructure should take note. ...
The Collapse of Western Democracy — Paul Craig Roberts
Post Date: 2016-07-01 08:20:10 by Ada
8 Comments
Democracy no longer exists in the West. In the US powerful private interest groups, such as the military-security complex, Wall Street, the Israel Lobby, agribusiness and the extractive industries of energy, timber and mining, have long exercised more control over government than the people. But now even the semblance of democracy has been abandoned. In the US Donald Trump has won the Republican presidential nomination. However, Republican convention delegates are plotting to deny Trump the nomination that the people have voted him. The Republican political establishment is showing an unwillingness to accept democratic outcomes. The people chose, but their choice is unacceptable to the ...
Nigeria signs billions in oil and gas deals with China
Post Date: 2016-07-01 02:55:45 by Tatarewicz
0 Comments
AFP• The Nigerian government announced Thursday that it signed $80 billion worth in oil and gas deals with Chinese companies. Nigerian junior state oil minister and Nigerian National Petroleum Corporation (NNPC) head Emmanuel Kachikwu met Chinese investors in Beijing this week to attract money for upgrading the country's ageing and run-down refineries. Kachikwu's visit comes two months after President Muhammadu Buhari travelled to China and secured a $6 billion loan and currency swap deal to mitigate a looming recession and ballooning inflation in the West African county. Nigeria signed "MOUs with Chinese firms worth over $80 billion," the NNPC said in a ...
The Richest Person In Every State
Post Date: 2016-06-30 23:23:12 by HAPPY2BME-4UM
2 Comments
In New York, the richest is lightning-rod industrialist David Koch. On the opposite coast, it’s Oracle founder Larry Ellison in California. Others will surprise. About one-fifth of the United States emerged as a question mark when we started, meaning that no one from those states was currently included in our annual chronicle of the world’s billionaires. With this in mind, a team of reporters (Dan Alexander, Kerry Close, Maggie McGrath, Chase Peterson-Withorn and Rebecca Spalding) examined the great fortunes of 10 states: Alabama, Alaska, Delaware, Idaho, Maine, Mississippi, New Mexico, North Dakota, South Dakota and Vermont. To compile this list, we not only tracked down ...
They’re all looking to violate you
Post Date: 2016-06-30 19:27:37 by BTP Holdings
1 Comments
They’re all looking to violate you Posted on June 30, 2016 by GS Early It may not seem like it, but all of the following recent events deserve your attention regarding your online presence and privacy — which hackers, government, and corporate America all want to control and violate. Microsoft just bought LinkedIn (the Facebook of the corporate world) for $26 billion cash. The Russian government hacked the DNC opposition research on Donald Trump. The Pulse nightclub massacre in Orlando. The implications they represent are clear. If you’re online you can assume no privacy. This includes what happened in Orlando, as I’ll explain in a minute. The more industries ...
Janet Yellen Warms up the Helicopters
Post Date: 2016-06-30 18:48:17 by BTP Holdings
0 Comments
Janet Yellen Warms up the Helicopters By Michael Covel Look, up in the sky! It’s a bird! It’s a plane! No, it’s… it’s… Janet Yellen in a helicopter with bags of cash. No kidding. That’s the Fed’s plan when the next recession hits. The Fed’s Dear Leader coming to the rescue with airdrops of free cash for everyone. What could possibly go wrong? At a recent press conference, Federal Reserve Chairwoman Yellen admitted that the Fed would consider using “helicopter money” in an extreme downturn. What’s “helicopter money”? It’s a phrase used to describe when governments print massive sums of money and then ...
What does Rahm Emanuel have to do with Brexit?...
Post Date: 2016-06-30 18:44:06 by BTP Holdings
0 Comments
“You never want a serious crisis to go to waste.” That deathless phrase of Rahm Emanuel, former Obama stooge and current Chicago mafia boss, could soon be vindicated. Enter Brexit, the crisis du jour… Gold bug, tireless pessimist and Gloom, Boom & Doom Report editor Marc Faber was on Bloomberg yesterday. Here’s what he had to say about Brexit and not letting a serious crisis go to waste: “Global growth has contracted... growth rates have been reduced and many countries are in recession already. That has nothing at all to do with Brexit.” But here’s the meat: “If Brexit is used as an excuse, the central banks will print more money [and] QE4 in ...
Major oil discovery declared offshore Guyana
Post Date: 2016-06-30 09:51:08 by Tatarewicz
1 Comments
IRVING, Texas, June 30 (UPI) -- A well off the coast of Guyana holds a find that, with as much as 1.4 billion barrels of reserves, is considered transformative, Exxon Mobil said Thursday. Steve Greenlee, president of the exploration division of Exxon, said a production test at the Liza-2 well in the Stabroek block off the coast of Guyana indicates the presence of between 800 million and 1.4 billion barrels of oil equivalent. The drill bit ran through more than 190 feet of oil-bearing material in a well drilled in waters about a mile deep. "This exploration success demonstrates the strength of our long-term investment approach, as well as our technology leadership in ultra, ...
EXPOSED: Hushed-Up Scandal Involving U.S. Dollar & Your Personal Bank Account
Post Date: 2016-06-27 20:11:31 by BTP Holdings
0 Comments
ALERT: Trump And World Bank Confirm That The US Economy Will Collapse Before Obama Leaves Watch this shocking presentation the The CIA, FBI and NSA does not want you to see... before it gets shut down forever. Click on source link to view video. Poster Comment:What goes up, must come down. Follow the money and you will see who benefits.
Wheels Come Off as European Banks, British Pound, Bond Yields Crash
Post Date: 2016-06-27 19:02:37 by BTP Holdings
8 Comments
Wheels Come Off as European Banks, British Pound, Bond Yields Crash Mike Larson | Monday, June 27, 2016 at 4:30 pm Friday and this morning, the wheels came off our stock market. The Dow Jones Industrial Average plunged 871 points in just two trading days, while the S&P 500 sank to a three-and-a-half-month low. The Nasdaq Composite tumbled more than 113 points after losing 202 points at the end of last week. But even that doesn’t speak to the carnage in select sectors and assets. > European banks were an epic disaster, with U.S.-traded ADRs like Deutsche Bank (DB), HSBC Holdings (HSBC), UBS Group (UBS), Barclays PLC (BCS), and Royal Bank of Scotland (RBS) crashing anywhere ...
Deutsche Bank: "There's No Escaping The Fact That This Is A Class War" (Helicopter Money Needed To Keep The Poor Happy)
Post Date: 2016-06-27 11:15:30 by Horse
0 Comments
From DB's Jim Reid, who succinctly explains the "benefits" of 7 years of ZIRP, NIPR, Twist and QE... and leaves off with hopes for helicopter money. The shockwaves and consequences around Brexit will resonate for years. It's probably an understatement to say that most in financial markets regret the UK's decision to leave but we should respect the forces that have been pushing us towards what has always been an inevitable political accident sometime soon. I wasn't sure whether the Brexit vote was the one but I was pretty convinced one was coming and this is probably not the last. Spain yesterday started a general election cycle (more below but relatively market ...
The Economy Just Took a Euro?
Post Date: 2016-06-27 08:32:09 by Ada
0 Comments
Okay, so, my last two articles have been kind of heavy. I think we could all use a great laugh right now. So, okay, the global economy. I see this whole Brexit thing and everyone is freaking out. I thought Brexit was some kind of new men’s cologne or something. Then I saw this. Wow, so Britain really pulled out of the European Union? And now every stock market is acting like it’s the Great Depression worldwide. Come on, man, I can smell this scam coming a mile away. Oh, wait, this is our European brethren talking: I can smell this scam a kilometer away. Let me guess. I would suppose at some point world banks are going to start whining about needing bailouts from various ...
Bravo Brexit!
Post Date: 2016-06-27 08:08:43 by Ada
0 Comments
At long last the tyranny of the global financial elite has been slammed good and hard. You can count on them to attempt another central bank based shock and awe campaign to halt and reverse the current sell-off, but it won’t be credible, sustainable or maybe even possible. The central bankers and their compatriots at the EU, IMF, White House/Treasury, OECD, G-7 and the rest of the Bubble Finance apparatus have well and truly over-played their hand. They have created a tissue of financial lies; an affront to the very laws of markets, sound money and capitalist prosperity. After all, what predicate of sober economics could possibly justify $10 trillion of sovereign debt trading at ...
When You Dial 911 and Wall Street Answers
Post Date: 2016-06-26 19:13:24 by Ada
1 Comments
Since the 2008 financial crisis, private equity firms have increasingly taken over public services like emergency care and firefighting, often with dire effects. A Tennessee woman slipped into a coma and died after an ambulance company took so long to assemble a crew that one worker had time for a cigarette break. Paramedics in New York had to covertly swipe medical supplies from a hospital to restock their depleted ambulances after emergency runs. A man in the suburban South watched a chimney fire burn his house to the ground as he waited for the fire department, which billed him anyway and then sued him for $15,000 when he did not pay. In each of these cases, someone dialed 911 and ...
More EU Lunacy: Robots Should Pay Social Security Taxes For The Pensions They Won't Get
Post Date: 2016-06-26 11:37:48 by Tatarewicz
2 Comments
Forbes... As Otto von Bismarck pointed out, the law is like sausage: Often good and useful but something you really don’t want to watch being made. The European Union is trying to create a law concerning the rise of the robots as they come to steal all our jobs. One of the more ludicrous suggestions is that robots should pay social security taxes for all the social security benefits they won’t get. (A linguistics point: Social security in the U.S. means the retirement and disability insurance scheme. In Europe, it includes much more such as maternity pay, healthcare unemployment pay and they’re at least nominally paid for by taxes on earnings in much the same manner as ...
Central banks and your retirement finances
Post Date: 2016-06-24 23:35:33 by BTP Holdings
0 Comments
Central banks and your retirement finances Posted on June 24, 2016 by Bob Carlson Are you ready for retirement? With the first third of the year behind us, let’s take a look at how different assets have performed so far in 2016. It has been a wild ride, but some trends are becoming apparent. The dominant theme, as has been the case for several years, is that central banks rule and roil the markets. The Federal Reserve and European Central Bank don’t have to take significant actions any more. They move markets and business behavior by making carefully worded statements. Currencies are what the central bankers most want to influence. Most now want to cheapen their own ...
Latest [Newer] 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 [Older]
|