Saturday, September 8, 2007

In Gold we Trust

8.9.07
http://www.atimes.com/atimes/Global_Economy/II08Dj02.html

Panic Speaks Louder Than Words

6.9.07
From the US ro Venezuela, lot's of problems
http://globaleconomicanalysis.blogspot.com/2007/09/panic-speaks-louder-than-words.html

Financial Storm

29.8.07
It is impossible to speculate how long today's turmoil will last-but there now exists an uncertainty and lack of confidence that has been unparalleled since the 1930s-and this ignorance and fear is itself a crucial factor. The moment of reckoning for bankers and bosses has arrived. What is very clear is that losses are massive and the entire developed world is now experiencing the worst economic crisis since 1945, one in which troubles in one nation compound those in others
http://www.zmag.org/sustainers/content/2007-08/29kolko.cfm

Will Derivatives Wipe Out Some Currencies?

6.9.07
Over the last several years, there has been a lot of discussion about the size of the derivatives market, and how much it has grown since 1990. That market was around $20 trillion in size in ‘90, and now is estimated by the BIS to exceed $600 trillion world wide
http://www.kitco.com/ind/Laird/sep062007.html

The amount of the derivatives is clearly too high especially taking into account that approximately 80% are related in some way to interests or currencies. This is clear gambling a la Las Vegas.

Uranium

8.9.07
Several factors resulted in producing a rather large pull back in Uranium bullion prices. The main reason as usual was not a normal factor; in other words it was due to government intervention and manipulation.
http://www.safehaven.com/article-8368.htm

TOO BIG TO BE BAILED OUT

7.9.07
Even without the incentives of a government bailout luring more people into default, policy makers simply have no idea as to the scope of the problem.
http://www.financialsense.com/fsu/editorials/schiff/2007/0907.html

Tuesday, September 4, 2007

Massive airstrikes against 1,200 targets

2.9.07
Various military exercises have been conducted, starting in early 2005
http://www.globalresearch.ca/index.php?context=va&aid=6668

The Energy Emergency

2.9.07
The world has to discover a new Saudi Arabia-size oil supplier every five years to meet this demand. But it's just not going to happen. These overwhelming numbers could produce oil prices above $100 a barrel in short order, which will ultimately have massive consequences for the world's economy and the way we live our lives.
http://www.usnews.com/usnews/opinion/articles/070902/10edit.htm

Richard Heinberg, Peak everything

Sept.07
Nor does the matter end with natural gas and coal. Once one lifts one's eyes from the narrow path of daily survival activities and starts scanning the horizon, a frightening array of peaks comes into view
http://www.richardheinberg.com/museletter/185

Global food crisis looms as climate change and population growth strip fertile land

31.8.07
Climate change and an increasing population could trigger a global food crisis in the next half century as countries struggle for fertile land to grow crops and rear animals, scientists warned yesterday.
http://www.guardian.co.uk/environment/2007/aug/31/climatechange.food

Beyond Wind and Solar, a New Generation of Clean Energy

1.9.07
http://www.washingtonpost.com/wp-dyn/content/article/2007/08/31/AR2007083102054.html

Food prices set to surge 50 per cent within five years

2.9.07
http://www.theage.com.au/news/business/food-prices-set-to-surge-50-per-cent/2007/09/01/1188067435964.html

Sunday, September 2, 2007

Comptroller General warns (again), we're 'bankrupting America'

27.8.07
Except for a short piece in London's Financial Times, Walker's warnings were generally ignored by the American press, by the public and even by the very Congress that hired him and has the power to do something, yet still refuses to heed his warnings.
http://www.marketwatch.com/news/story/if-we-rome-wall-street/story.aspx?guid=%7BE71DF12D%2D6F67%2D4D51%2D8A77%2D1AA17A4C57BC%7D

Mideast turmoil 'could cause world war'

28.8.07
http://www.tradearabia.com/news/newsdetails.asp?Sn=DEF&artid=129417

Venezuela -- Aló Presidente!

29.8.07
Venezuela's production has declined since 2000, and the country is home to the world's largest unconventional resource under development, the Orinoco extra-heavy crude. A lot is at stake in Venezuela, so it is prudent to assess the risk there now and down the road. Do Venezuela's policies affect the peak of global oil production?
http://www.aspo-usa.com/index.php?option=com_content&task=view&id=202&Itemid=91