Archive for the 'Economy' Category
Woman’s Life Ruined by Seasonal Flu Shot
October 16th, 2009Update: Hoax? —End Update— Via: WUSA9: Many of you have been lining up to get the seasonal flu shot. But there is one Ashburn woman who wants you to hear her story before you do. Desiree Jennings is trapped in her body. Intellectually she’s all there, but her muscles are fighting each other. She’s been […]
Foreclosures: ‘Worst Three Months of All Time’
October 16th, 2009This is the best Green Shoots article in weeks. Via: CNN: Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, according to a report issued Thursday. “They were the worst three months of all time,” said Rick Sharga, spokesman for RealtyTrac, an online […]
Gold Pullback; Short Term Fibonacci Retracement Levels
October 15th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Gold is finally pulling back to consolidate the recent move. Here are the short term Fibonacci retracement levels for just the breakout move over the last several days. Keep in mind the previous all time high at $1032 now becomes a […]
Harrods to Sell Gold Bullion for First Time
October 15th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Public participation phase? Via: Telegraph: It is renowned for its glitzy clientele and upmarket Knightsbridge location, but shoppers at department store Harrods will from today be able to buy the ultimate luxury accessory – gold bars. From this morning, Harrods will […]
Lazard CEO Bruce Wasserstein Dies at 61
October 15th, 2009Via: AP: Bruce Wasserstein, the CEO of Lazard Ltd. and a prominent Wall Street dealmaker who helped negotiate some of the largest corporate takeovers in history, died Wednesday. He was 61. The death of the driving force behind Lazard raises questions about the future of one of Wall Street’s top mergers and acquisitions advisory firms. […]
Saudis Seek Payments for Any Drop in Oil Revenues
October 14th, 2009Maybe you need a laugh this morning. Via: New York Times: Saudi Arabia is trying to enlist other oil-producing countries to support a provocative idea: if wealthy countries reduce their oil consumption to combat global warming, they should pay compensation to oil producers.
The Job Market, in Charts
October 14th, 2009These charts are interesting, and as grim as they are, they can’t hold a candle to how grim it really is. These are using the official bogus data! Show us the line that includes the millions of people who have dropped out the bottom and aren’t counted anymore. For anyone who thinks that this “recession” […]
Bleak U.S. Job Market Boosts Military Recruitment; All Recruitment Goals Met for First Time
October 14th, 2009Economic conscription. Via: Reuters: Aided by a bleak job market, the U.S. military met all of its recruitment goals in the past year for the first time since it became an all-volunteer force in 1973, the Pentagon said on Tuesday. Military services have been stretched thin by conflicts in Afghanistan and Iraq, giving added weight […]
Guardian Censored, Can’t Identify the Reason Why
October 13th, 2009From Wikileaks, Trafigura Toxic dumping along the Ivory Coast: Following press reportage about dumping off the coast of Africa, Waterson & Hicks, a UK law firm acting for Trafigura, a large London based oil and commodity trader, ordered and received this confidential report (the so-called “Minton report”) into toxic dumping practices by its client along […]
Gold: Next Leg Up
October 13th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. UPDATE 5: USDX: Anatomy of a Failed Bounce Operation, One Minute Interval UPDATE 4: USDX PRINTS 75.805 UPDATE 3: USDX PRINTS 75.886 WEE!!!@$!$% Watch this… UPDATE 2: USDX PRINTS 75.909 They’re definitely trying to bounce it, but it’s not working so […]
