Archive for March, 2007
What Happened to Gold as Global Stock Markets Sold Off?
March 3rd, 2007WARNING: This is not a recommendation to buy sell or hold any financial asset or investment. Again, the assumptions for gold proved to be wrong. As stock markets sold off around the world last week, gold declined sharply. How can this be? Gold has been turned into a funny money bet, just like stocks, bonds […]
Yen Carry Trade Players Decapitated
March 3rd, 2007What is the real value of the yen carry trades? Nooooooooooooooobody knows… But if that thing continues to get squeezed, look out. Via: Times Online: Hedge funds gambling on highly leveraged bets in the markets driven by the gap between Japan’s low interest rates and higher ones elsewhere may have seen a year’s worth of […]
USDA Backs Production of Rice With Human Genes
March 3rd, 2007Total madness. Via: Washington Post: The Agriculture Department has given a preliminary green light for the first commercial production of a food crop engineered to contain human genes, reigniting fears that biomedically potent substances in high-tech plants could escape and turn up in other foods. The plan, confirmed yesterday by the California biotechnology company leading […]
Mars Melt Hints at Solar, Not Human, Cause for Warming
March 3rd, 2007That humans are causing global warming is one of the most pervasive memes in the world at the moment. I pretty much believed it, as much as I believe anything establishment science says, which is to say that I consider it along with all other perspectives. Then I met Andrew, a friend of Becky’s. Andrew […]
Escape from America
March 2nd, 2007Brother, I’ll drink to that! Most people reading Cryptogon inside the U.S./Britain are familiar with nonstop feelings of impending doom and frequently asking themselves questions like: Am I next? Is this it? Can I escape? Is it too late? Has everyone gone nuts? Have I gone nuts? Is this job killing me? What booze is […]
Husband and Wife Lawyers and 11 Top Wall Street Workers Charged in Federal Securities Fraud Scheme
March 1st, 2007Just another day at the office. Via: Yahoo / AP: Husband and wife lawyers and 11 top Wall Street workers were charged Thursday with making more than $15 million in illegal trading profit through an alleged federal securities fraud scheme, authorities said. Linda Chatman Thomsen, director of the Division of Enforcement for the Securities and […]
CNN Archivist On BBC’s Absurd Lost 9/11 Tapes Claim
March 1st, 2007Via: Infowars: “I’m an archivist with the CNN News Library in Atlanta, and I can tell you with absolute certainty, the mere idea that news agencies such as ours would “misplace” any airchecks from 9/11 is preposterous . CNN has these tapes locked away from all the others. People like myself, who normally would have […]
