Archive for March, 2008
Gold Soars to Record High of $995.20 Per Ounce
March 6th, 2008Shaking the apple tree… Mmm Hmm. Via: Market Watch: Gold futures closed with strong gains, after hitting $995.20 an ounce Wednesday, boosted by ongoing investment flows into commodities, a rally in crude oil and dollar weakness. Gold for April delivery rallied $22.20 to end at $988.50 an ounce on the New York Mercantile Exchange. Earlier […]
More Capital Needed to Rescue Citigroup
March 5th, 2008Via: Telegraph: Citigroup shares fell to their lowest level in almost a decade after the head of Gulf investment agency, Dubai International Capital, said the largest US bank would need to raise “a lot more money” from outside investors. Shares of Citigroup slumped almost 5pc to $22.05 yesterday on top of falls of more than […]
MSNBC: “I Hope We Have a Special Prison for 9/11 Conspiracy Theorists”
March 5th, 2008MSNBC ran a story about a 9/11 activist waving a sign at Bill Clinton. The activist was immediately dragged away, but pay attention to commentary from the goons in the studio. They want to activist, and people like him, to be disappeared and rendered in secret prisons. Via: Infowars: Video of the piece has now […]
Potential for Sucker Rally on the Dollar
March 5th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. There’s potential for a sucker rally on the dollar. Looking at the daily interval chart of the U.S. Dollar Index, we see a stochastic cross up under 20. There’s no way to know if it will rally or not, but I […]
Bernanke: “Vigorous Response”
March 4th, 2008Could a 0.75% cut really be on the table!? Via: Bloomberg: Federal Reserve Chairman Ben S. Bernanke, battling the worst housing recession in a quarter century, urged lenders to forgive portions of mortgages for more borrowers whose home values have declined. “Efforts by both government and private-sector entities to reduce unnecessary foreclosures are helping, but […]
Bush Guts Intelligence Oversight Board
March 4th, 2008Via: Unbossed: On Friday afternoon the White House posted without fanfare a new Executive Order that revamps an important though little known intelligence board. There are a few minor changes, but the most radical revision appears to be that the board has now been stripped of nearly all its powers to investigate and check illegal […]
The Price of Wheat is More Than 80% Higher Than a Year Ago
March 4th, 2008A couple of points: 1. Those bulk grains we bought turned out to be our best investment yet. 50KG sacks of maize (left), 25KG sacks of hard wheat berries (right) 2. The corn based ethanol strategy is working perfectly; if potential for kill off is the metric in question. Via: New York Times: According to […]
February Earnings
March 4th, 2008In February, Cryptogon and Farmlet earnings from all sources came to a total of $2258.86, or about 4.5X the minimum monthly goal of $500. February represents the best ever month for earnings. We were having a very good month to begin with, but then we had a wildcard event. Dagobaz sent $1001! Thank you, Dagobaz. […]
U.S. Warship Built with Scrap Steel from the Ruins of the World Trade Center
March 4th, 2008“The trophy is meant to give the murderer the same feelings of power he experienced at the time of the kill.” —Death Reference, Serial Killers Via: AP: The USS New York, an amphibious assault ship built with scrap steel from the ruins of the World Trade Center, was christened Saturday as a source of strength […]
UK: Court Gags Ex-SAS Man Who Made Torture Claims
March 3rd, 2008Via: Guardian: A former SAS soldier was served with a high court order yesterday preventing him from making fresh disclosures about how hundreds of Iraqis and Afghans captured by British and American special forces were rendered to prisons where they faced torture. Ben Griffin could be jailed if he makes further disclosures about how people […]
