Archive for October, 2010
And Now… Dollar Bounce Underway
October 18th, 2010The relevant and recent analysis is: Gold: New Record High, $1388. Via: Reuters: The dollar rose against a basket of currencies on Monday and pulled away from a 10-month low, with market players saying the short-covering bounce may have more room to run given the recent build-up of bets against the dollar. The greenback extended […]
“Brooklyn Space Program” Sends Video Camera to Upper Stratosphere with Weather Balloon, Recoverd “Craft” with Help from GPS
October 18th, 2010I don’t have a “dad blog,” so this kind of post is bound to happen occasionally. Many stories that I’ve read about this incorrectly state that the iPhone was shooting the video. If you read through the comments on Vimeo, Luke Geissbühler let’s everyone know that the camera is the incredible GoPro HD HERO. Via: […]
France to Run Out of Fuel in Days as Strikes Escalate
October 18th, 2010Via: Independent: Petrol pumps could run dry in France by Wednesday, experts warned yesterday, as the stand-off over pension reforms reached crisis point. Airlines advised pilots to refuel abroad and UFIP, the country’s oil industry association, said that if strikes continued at all 12 of France’s refineries, then national shortages would follow. Christine Lagarde, France’s […]
Who Got Stimulated?
October 17th, 2010Thanks to BD for sending this one over:
Australia: Alleged Cult Leader Works as Government Psychologist
October 17th, 2010Via: The Age: A WOMAN accused of leading a cult that has damaged the lives of scores of people is working as a psychologist with vulnerable patients at a community mental health service in Queensland. Natasha Lakaev’s Universal Knowledge organisation was offering courses until last year that prophesied the world would end in December 2012 […]
Federal Reserve: Aggressive Easing Options Considered
October 17th, 2010Warning: This is not a recommendation to buy, sell or hold any financial instrument. Oil is over $81. Food commodities are rallying. And now… Inflation is the solution? Via: Reuters: Two top Federal Reserve officials argued for further aggressive action by the central bank, with one saying the economy needs “much more” help and the […]
Psychologist Who Developed U.S. Torture Program Receives $31 Million No-Bid Contract
October 17th, 2010Here’s another one for your bulging Hope and Change file folder. Via: Salon: The Army earlier this year steered a $31 million contract to a psychologist whose work formed the psychological underpinnings of the Bush administration’s torture program. The Army awarded the “sole source” contract in February to the University of Pennsylvania for resilience training, […]
The Disappearance of Gary Devore
October 17th, 2010Via: Fortean Times: As he drove through the small hours of the Californian night, Gary Devore insisted to his wife Wendy: “I’m pumping pure adrenaline.” “This was not a normal phone call… I felt he was warning me,” Wendy later recalled. “I love you,” she had said, expectantly. “See you later,” Gary mumbled. It was […]
Bank of America Bonds: Junk
October 17th, 2010Via: Bloomberg: Bondholders are penalizing Bank of America Corp. the most of any of the largest U.S. financial firms as the investigation into the foreclosure crisis expands. Credit-default swaps on the country’s largest bank by assets rose above those of its peers by a record margin, according to data provider CMA. The contracts, which imply […]
Gold and Gold Mining Shares As a Percentage of Global Assets
October 16th, 2010Via: Precious Metals Warrants: From our readings of Casey Research we found a great chart and comments from Eric Sprott of Sprott Asset Management, we bring this to your attention: Eric Sprott – ….”The conventional wisdom is that gold is in a bubble. It isn’t so. At the just-concluded Casey’s Gold & Resource Summit, Eric […]
