Archive for the 'Economy' Category
Gold: Fresh Record High
December 6th, 2010Warning: This is not a recommendation to buy, sell or hold any financial instrument. Intraday break higher out of previous range. Via: Bloomberg: Gold futures jumped to a record $1,429.40 an ounce on concern the U.S. will pump more cash into the economy and Europe’s debt woes will spread, boosting the appeal of the metal […]
20 Statistics
December 6th, 2010Via: Economic Collapse Blog: Today global wealth is more highly concentrated in the hands of the elite than it ever has been at any other point in modern history. Once upon a time, the vast majority of the people in the world knew how to grow their own food, raise their own animals and take […]
A Billion New $100 Bills Quarantined in Huge Vaults in Fort Worth, Texas and Washington, DC
December 6th, 2010Your what hurts? Who needs to be a conspiracy theorist with mainstream news like this? “Officials don’t know exactly what caused the problem…” “Officials don’t know how many of the 1.1 billion bills include the flaw…” “The defective bills – which could number into the tens of millions, potentially representing billions of dollars in face […]
Don’t Be a Victim of Telecom New Zealand
December 6th, 2010This is off topic for most of you, but for people in New Zealand who use Telecom: I have gotten the Commerce Commission involved this time. Cross check what Telecom is reporting your XT usage to be vs. what they are billing you for. Maybe some households wouldn’t notice a NZ$36 Christmas bonus for Telecom […]
Human Resources
December 5th, 2010If Cryptogon had a “required viewing” list, Human Resources would be at the top. However, this is not a movie for beginners. I’ve been gazing down the barrel of this predicament of ours for twenty years and I felt my pulse quicken and the hair on my arms standing on end as I watched this. […]
Welcome to Shanghai-on-Shannon: Chinese Plans to Create a City in Co Westmeath That Will Act as a Trading Hub for Europe
December 5th, 2010This is just what Ireland needs! The World’s Largest Shopping Mall — Is Empty China’s Empty City Via: Irish Times: IT HAS BEEN the talk of Athlone for almost two years. What began as vague whisperings of Chinese investors scouting the midlands town for a major project soon developed into umpteen rumours, each one grander […]
Why Farmers Are Flocking to Manure
December 5th, 2010I’d be extremely careful with manure from industrial livestock operations in the U.S. Most or all of what those animals eat is genetically engineered and they are pumped full of antibiotics and injections containing heavy metals. Animal manures can be wonderful fertilizers that build soil structure and increase beneficial biological activity in the soil. Just […]
JP Morgan Takes Large Longside Position in Copper Ahead of ETF Launch
December 5th, 2010Via: Telegraph: The American investment bank JP Morgan is the mystery trader that grabbed more than half the copper on the London Metal Exchange, The Daily Telegraph has learned. The $1.5bn (£1bn) trade was described in the LME’s daily update as “between 50pc and 80pc” of the 350,000 tonnes in reserves. This pushed up the […]
Submarine Dive Finds Oil, Dead Sea Life at Bottom of Gulf of Mexico
December 5th, 2010Via: ABC News: A mile below the surface in the Gulf of Mexico, there is little sign of life. “It looks like everything’s dead,” University of Georgia professor Samantha Joye said. In an exclusive trip aboard the U.S. Navy’s deep-ocean research submersible Alvin, ABC News was given the chance to observe the impact of this […]
Feds Warrantlessly Tracking Americans’ Credit Cards in Real Time
December 3rd, 2010As bad as the information below might seem, it’s actually worse than that. This is from 2008, but it’s a keeper: The Last Roundup: MAIN CORE. Via: Wired: Federal law enforcement agencies have been tracking Americans in real-time using credit cards, loyalty cards and travel reservations without getting a court order, a new document released […]
