Archive for the 'Economy' Category
Gold Breaks Higher Again
October 8th, 2009$1051.
Hotel Defaults, Foreclosures Rise in California
October 7th, 2009Via: Los Angeles Times: More California hotels are being pushed into foreclosure as tourists and businesses alike scale back their travel plans and owners are unable to pay their mortgages. Statewide, more than 300 hotels were in foreclosure or default on their loans as of Sept. 30 — a nearly fivefold increase since the start […]
Vaccines’ Dark Inferno
October 7th, 2009Via: Global Research: The vast majority of scientists, physicians, nurses and public health educators’ trust that the ingredients in a vaccine have been individually and synergistically proven safe and effective. The public believes these vaccines, aside from their specified virus(es), are sterile solutions, free from undesirable contaminants not listed on the manufacturer’s package inserts. When […]
Online Game Players Pay 21-Year-Old Computer Geek £50,000 a Month to Carry Out Muggings, Murders and Heists in an Imaginary City
October 7th, 2009Via: Telegraph: A 21-year-old computer whizzkid has become a millionaire and takes home £50,000 a month after he created a hit online computer game. Joe Chedburn, a self-confessed geek, was just 16 when he came up with the idea to write an online game focused on crime. Torn, which is text-based and has no graphics, […]
Max Keiser Commentary on U.S. Dollar
October 7th, 2009Gold Move
October 7th, 2009Warning: This is not a recommendation to buy, sell or hold any financial instrument. I have to conclude that the immediate term direction on gold is up. It’s setting up an ascending triangle on the hourly interval and it has overlapping supports (daily) just below. Even if the hourly ascending triangle fails, a retracement to […]
Gold Jumps to Record as Inflation Outlook Fuels Investor Demand
October 6th, 2009Via: Bloomberg: Gold rose to a record on speculation that inflation will accelerate and erode the value of the dollar, boosting the appeal of the precious metal for investors seeking to preserve their wealth. Gold futures climbed as high as $1,038 an ounce in New York, topping the previous record of $1,033.90 in March 2008. […]
Oil States Say No Talks on Replacing Dollar
October 6th, 2009“America and Britain must be very worried. You will know how worried by the thunder of denials this news will generate.” —Robert Fisk’s Chinese Banking Source That didn’t take long. Via: Reuters: Big oil producing nations denied a British newspaper report on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan […]
Watching Gold: ALL TIME HIGH $1035
October 6th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. UPDATE 2: 10/6/2009 – 01:05GMT: INTRADAY PRINTS $1035 All time high. —End Update— UPDATE 1: 10/6/2009 – 12:25GMT: $1030 —End Update— Brief heads up: Gold may be about to retest the all time high at $1032. Spot is trading around $1023 […]
The Strange World of High End Real Estate in Southern California
October 6th, 2009Via: Los Angeles Times: As spec mansions lie unsold across Southern California, stressed sellers may deflate the housing market’s high end by lowering their prices. Two years ago, Larry Igarashi bet he could build a sprawling house in Orange County’s foothills that would sell for at least $10 million. These days, you can easily guess […]
