Archive for January, 2008
Naval Incident Involving the U.S. and Iran Almost Certainly a Covert Attempt to Start War
January 14th, 2008You may have noticed that I refused to touch that incident. I knew it was total bullshit, but I had nothing to point at whatsoever to back up my “gut” feeling. It’s a few days later… So, with U.S. and Iranian warships in close proximity in the Strait of Hormuz, threatening radio traffic was transmitted, […]
£50bn Bill to ‘Nationalise’ Northern Rock
January 14th, 2008“Sterling holders, consider reducing or eliminating your exposure to GBP denominated assets immediately… The British government’s guarantee might seem like good news to the average sterling holder, but think about how the government would guarantee those funds, in practice. Printing presses.” —September, 2007: EMERGENCY: U.K. GOVERNMENT TO COVER 100% OF NORTHERN ROCK DEPOSITS I don’t […]
GOLD BREAKS ABOVE $900
January 14th, 2008Printing $911 intraday. Via: Guardian: Gold surged through the $900 barrier this morning, hitting a record high of $906.70 an ounce as investors continued to pile in to the precious metal. Platinum also reached a new record and silver hit a 27-year high. Turmoil in world financial markets in recent months has heightened the appeal […]
Retail in a State of “Anarchy” as Consumers Retreat
January 14th, 2008If consumer stocks bounce on the latest Fed confetti shredder action, let’s all work together to draw up a target list of the most succulent pigs to short/buy puts on to profit from a whipsaw back down. My logic is that the rate cuts will cause more inflation, making things more difficult for consumers. —Helicopter […]
PAKISTANI TROOPS ESCORT WHEAT TRUCKS
January 14th, 2008What do you get when you multiply the perfect storm in the grain markets with a state on the brink of failure? Pakistan. And don’t forget the nukes. Via: Reuters: Pakistani paramilitary troops have begun escorting trucks carrying wheat to stop supplies being stolen amid shortages of flour that have inflamed anger against the government […]
Soybeans Soar to Record, Grains Rally as Demand Erodes Supply
January 14th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Corn, wheat and soybeans were all limit up on Friday. I almost fell out of my chair when I saw the one day gain on PowerShares DB Agriculture (DBA). It was up 5.65% at $36.45. You may remember that I put […]
Mysterious $100 ‘Supernote’ Counterfeit Bills Appear Across World
January 13th, 2008I’ve seen vague stories in the media about these “supernotes” for years, but this article goes much further than anything I’ve read before. Highly recommended. Via: Kansas City Star: Whatever the origin of the bills, “it’s by far the most sophisticated counterfeiting operation in the world,” said James Kolbe, a former congressman from Arizona who […]
Lockheed Martin to Use EEstor’s Ultracapacitors for Military and Homeland Security Applications
January 13th, 2008“The military needs the energy density that this EEstor thing provides for weapon systems.” —EEstor: More Clues Emerge “For years, I wanted to believe that Peak Oil could bring this horror show down. My problem, of course, was that I couldn’t ignore simple, observable realities and the fact that evil people have many plans up […]
UK: THOUSANDS OF PRISONERS TO BE IMPLANTED WITH MICROCHIPS
January 13th, 2008Hint: Make sure you read the last paragraph. That’s a keeper. Double Plus kudos to anyone who can tell me the name of the company that is developing the implants with those capabilities. I thought I was up on my horrific-technologies-of-political-control information. I guess not. Full text follows. Via: Independent: Prisoners ‘to be chipped like […]
Saudi, Kuwaiti and Chinese Cash Infusions to Save Citigroup
January 13th, 2008Via: Bloomberg: Citigroup Inc., the U.S. bank facing an estimated $4.21 billion fourth-quarter loss, may get cash infusions from Saudi Prince Alwaleed bin Talal and China’s government to bolster its capital. Citigroup, the largest U.S. lender, is seeking a total of $8 billion to $10 billion from investors including Alwaleed, who already owns almost 4 […]
