Saturday, October 27, 2007

Asia Times: 'War on terror' is now war on Iran

27.10.07
http://www.atimes.com/atimes/Middle_East/IJ27Ak03.html

Ten Facts about the Real Estate market you need to know

am long overdue to give you all an update on what is happening in the foreclosure market in California. Starting a company has been all consuming, but that is no excuse; the iTulip community has been a fantastic resource for me, and updating you on what I'm seeing at foreclosure ground zero is the least I can do
http://www.itulip.com/forums/showthread.php?p=18508#post18508

The Alchemist's Nightmare

25.10.07
Gold may indeed be considered to be a store of value, as the chart below of the price of gold in U.S. dollars over the last 7 years shows, when you compare gold’s price rise with the dollar’s fall against currencies such as the Canadian dollar
http://www.resourceinvestor.com/pebble.asp?relid=37150

New IMF transparency rules likely prompted change in U.S. gold report

26.10.07
The U.S. Treasury Department's acknowledgement of loans and swaps of gold from the U.S. gold reserve, disclosed last week by James Turk of the Freemarket Gold & Money Report, appears to have been prompted by the International Monetary Fund's adoption in May of stricter rules for financial transparency for member nations
http://www.gata.org/node/5664

MARKET INTERVENTION, DATA MANIPULATION - -

26.10.07
MARKET INTERVENTION, DATA MANIPULATION - - CONSEQUENCES FOR GOLD, EQUITIES & CRUDE OIL,& THE CARTEL END GAME
http://www.financialsense.com/fsu/editorials/deepcaster/2007/1026.html

In millions of Windows, the perfect Storm is gathering

21.10.07
A spectre is haunting the net but, outside of techie circles, nobody seems to be talking about it. The threat it represents to our security and wellbeing may be less dramatic than anything posed by global terrorism, but it has the potential to wreak much more havoc. And so far, nobody has come up with a good idea on how to counter it.
http://observer.guardian.co.uk/business/story/0,,2195730,00.html

Friday, October 19, 2007

The US Gold Reserve is Now in Play

16.10.07
I have long suspected that the US Gold Reserve is being used by the gold cartel as a tool to help it try capping the gold price
http://news.goldseek.com/JamesTurk/1192554861.php

Marked to Fantasy

18.10.07
from: Mish's Global Economic Trend Analysis

Excellent essay, please read

http://globaleconomicanalysis.blogspot.com/2007/10/marked-to-fantasy.html

Interest rates: the Fed Conundrum

18.10.07
The Fed has a real conundrum as we related earlier this week. On one hand there is a weakening economy that is getting pilloried by the credit crunch caused by the failing U.S. real estate market; on the other inflation, which is now 1.6% over the Fed target of 2%
http://www.howestreet.com/articles/index.php?article_id=4912

Peak oil means peak economy - Hirsch

18.10.07
When global oil production peaks, the economy is likely to shrink in direct proportion to dwindling fuel supplies, says Dr Robert Hirsch of the thinktank SAIC

Listen to Interview with Robert Hirsch author of a groundbreaking report for the US Department of Energy which highlighted the long lead-times and other limitations of purely supply-side responses to peak oil. In an interview with lastoilshock.com on the sidelines of the Houston conference, he went on to argue that fuel rationing will be an essential part of any policy response, and predicted that such measures would be introduced even in the United States.

http://www.davidstrahan.com/blog/?p=63

Thursday, October 18, 2007

What gold owners can learn from the stock bull market of the 1990s

18.10.07
There is a lesson to be learned from the history of the stock market for contemporary gold investors - particularly those reluctant to purchase gold at the current prices because it seems "too high." Those holding back may be guilty of short-term thinking
http://www.usagold.com/amk/usagoldmarketupdate101707.html

World Energy and Population

18.10.07
Throughout history, the expansion of human population has been supported by a steady growth in our use of high-quality exosomatic energy. The operation of our present industrial civilization is wholly dependent on access to a very large amount of energy of various types. If the availability of this energy were to decline significantly it could have serious repercussions for civilization and the human population it supports
http://www.paulchefurka.ca/WEAP/WEAP.html

How China Could Crash the US Dollar on a Whim

18.10.07
Over the last 30 years, China’s economy has grown at an average annualized rate of nearly 10%. While this statistic alone is jaw-dropping, what is more impressive is the extent to which the nominally Communist country’s economy has become intertwined in the global economy. China now exerts enormous influence over the economies of virtually every country in the world,
http://www.currencytrading.net/2007/how-china-could-crash-the-us-dollar-on-a-whim/

The Raging Bull!

18.10.07
We are witnessing a generational bull-market in natural resources. The boom is due to the ongoing urbanisation and industrialisation of vastly populated developing nations in Asia and Latin America
http://www.321gold.com/editorials/saxena/saxena101807.html

Japan and China lead flight from the dollar

18.10.07
Japan and China led a record withdrawl of foreign funds from the United States in August, heightening fears of a fresh slide in the dollar and a spike in US bond yields.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/16/bcnchina116.xml

Traitors And Con Artists

16.10.07
GS conspires to make themselves richer at the expense of the American economy. I collected a number of articles, most of which were sent by a group of wonderful readers who send me many links
http://www.321gold.com/editorials/supkis/supkis101607.html

Big Move coming in Gold Price

18.10.07
http://www.aireview.com.au/index.php?act=view&catid=8&id=7022

Tuesday, October 16, 2007

Brazil Real Approaches Seven-Year High on Inflation Outlook

16.10.07
Brazil's real rose to near its strongest in seven years after economists cut their 2007 inflation forecast, boosting the appeal of the country's fixed- income assets.
http://www.bloomberg.com/apps/news?pid=20601086&sid=aaVn2V3WVllc&refer=news

Super SIVs - A Fraudulent Attempt at Concealment

15.10.07
Mish's Global Economic Trend Analysis
Over the weekend, the Treasury hosted talks to help a group of banks set up a $100 billion fund to buy troubled assets in exchange for new short-term debt. The banks hope to have the fund up and running within 90 days.
http://globaleconomicanalysis.blogspot.com/2007/10/super-sivs-fraudulent-attempt-at.html

Enron, Subprime and the Derivative Disease

16.10.07
That Treasury Secretary Henry Paulson is leading efforts to organize an $80 billion or so pool of private capital to finance four times that much in illiquid subprime assets controlled by some of the largest US banks is not a good sign. Looks to us like a prelude to a federal bailout
http://us1.institutionalriskanalytics.com/pub/IRAMain.asp

The “Subprime” Mentality: A Metaphor For the Whole U.S. Financial Market—

15.10.07
First of all, the fallout from subprime lending will be bad enough as it stands. But the real problem is that “subprime” is a metaphor for the whole U.S. financial culture.
http://www.prudentbear.com/index.php?option=com_content&view=article&id=4790&Itemid=57

Hyperinflation around the World

15.10.07
http://www.24hgold.com/viewarticle.aspx?langue=en&articleid=181079_Hyperinflation_around_the_Globe_Mike_Hewitt

Monday, October 15, 2007

The Man Who Won as Others Lost

15.10.07
Paul Tudor Jones II leans back in his chair and grins. The stock market is going to crash, and he knows it. “There will be some type of a decline, without a question, in the next 10, 20 months
http://www.nytimes.com/2007/10/13/business/13speculate.html?_r=1&em&ex=1192420800&en=0ed57f203ab56891&ei=5087%0A&oref=slogin

Wednesday, October 10, 2007

Shadow Government Statistics

10.10.07
http://www.shadowstats.com/cgi-bin/sgs/data

ARE THERE TOO MANY DOLLAR BEARS?

5.10.07
As a contrarian, it is my nature to worry when too many people start agreeing with me. Currently, many of my most vocal critics, who had previously ridiculed my warnings about the dollar, now concede that it will continue to decline. With so many people now on the bandwagon, some currency watchers have asserted that sentiment now has nowhere to go but up, and that the stage is set for a dollar rally. Although I am unnerved by the company, I take solace in the fact that the conclusions that many of these nouveau-dollar bears draw are completely off the mark
http://www.financialsense.com/fsu/editorials/schiff/2007/1005.html

CRISIS? WHAT CRISIS?

4.10.07
As I perused the financial news over the past week, I was increasingly puzzled as to why it is that the denizens of Wall Street and Main Street appear to be paying almost no attention to the unfolding crisis.
http://www.financialsense.com/editorials/casey/2007/1004.html

US mortgage crisis predicted to get worse as home loan defaults soar

10.10.07
America’s mortgage crisis is likely to get considerably worse because the level of fraudulent lending to unsuitable borrowers was much higher than previously estimated, Standard & Poor’s said yesterday.
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article2624571.ece

Ice Caps Melting Fast: Say Goodbye to the Big Apple?

10.10.07
The talk of sea level rise should not be in centuries, it should be decades or perhaps even single years. And coastal regions like New York and Florida are in the front line for devastation.
http://www.alternet.org/environment/64735/

Peak Petroleum and Public Health

10.10.07
Petroleum is a unique energy source; it is energy-dense, relatively stable, portable, and abundant. Since large-scale production began about 150 years ago, petroleum has become central to modern life. It is the precursor of nearly all transportation fuel, the source of heating oil, propane, and other fuels, and the starting point for chemical-building blocks such as ethylene, propylene, and xylene, which become polymers, resins, and other compounds, which in turn form products as diverse as plastics, solvents, textiles, lubricants, pesticides, and medications.
http://jama.ama-assn.org/cgi/content/extract/298/14/1688