Archive for November, 2007

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Cryptogon Reader Signs Up for Hosting with Blue Host

November 13th, 2007

Thanks to the owner of gizmowerkz.com for signing up for webhosting with Blue Host. Cryptogon receives $65!

The Dollar in Danger

November 13th, 2007

This is a Council on Foreign Relations oped in the Washington Post that reiterates the absurdity of the dollar and an end of national currency theme. Please see: Council on Foreign Relations on U.S. Dollar: “An Absurdity… Supported Only by Faith” Their plans obviously include gold, but I have no idea if that’s a good […]

E*Trade Down 59 Percent on Losses and Bankruptcy Fear, ‘Bank Run’ Possible

November 13th, 2007

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. E*trade clients should consider this to be an emergency situation; especially E*trade clients with accounts over $100,000. I would strongly suggest getting your money out of there ASAP, regardless of your account size. Via: Bloomberg: E*Trade Financial Corp. lost more than […]

Currency Controls Return as Central Banks Fight Gains

November 13th, 2007

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Hmm. With currency controls starting to figure into the action, I wonder where people will look to put their confetti investments… * wink * Via: Bloomberg: Central banks from Bogota to Mumbai are imposing foreign-exchange curbs to take control of their […]

NJ School Cameras Fed Live to Cops

November 12th, 2007

Via: CBS News: Surveillance cameras rolling inside our local schools is nothing new, but what’s taking place inside Demarest’s public schools is truly cutting edge: a live feed from more than two dozen cameras with a direct connection to the police. It’s an expensive, but effective tool that could be a sign of the times […]

Gold in Strong Decline

November 12th, 2007

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Ok, we’ve got gold in a strong intraday breakdown here. There are a few supports for it to get a foothold on between 801 and 810, but remember the score on the weekly interval chart… Stochastics and RSI are so extreme… […]

U.S. Intelligence Official: Privacy Is a Soviet Style Bureaucracy That Knows Everything About You

November 12th, 2007

In other words, anonymity is out, but trust us to implement, “a system of laws, rules, and customs with an infrastructure of Inspectors General, oversight committees, and privacy boards on which our intelligence community commitment is based and measured.” You can already see where this is going: We don’t want to do this, but the […]

Asian Markets Selling Off

November 12th, 2007

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Again, watch gold today. Lots of speculators are going to have to cover their long equity bets by exiting gold positions. How much interest is lurking just beneath the spread on gold? We’ll see. Via: MarketWatch: Asian indexes fell sharply Monday, […]

New U.S. Army Helicopters Unsafe to Fly on Hot Days

November 11th, 2007

This is my favorite story today. Via: Boston Globe: The Army is spending $2.6 billion on hundreds of European-designed helicopters for homeland security and disaster relief that have a crucial flaw: They are not safe to fly on hot days, according to an internal report obtained by the Associated Press. While the Army scrambles to […]

Chinese Sub Pops Up in Middle of U.S. Navy Exercise

November 11th, 2007

There are a few navy.mil readers who haven’t been blocked from reading Cryptogon… So, any guesses on why that Chinese sub didn’t show up on active sonar? (Not holding my breath for a response.) Update: The Story Appears to be Over a Year Old Via: Daily Mail: When the U.S. Navy deploys a battle fleet […]

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