Friday, October 25, 2013
Thursday, October 24, 2013
World Just Witnessed A Stunning Watershed Moment In History
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/23_World_Just_Witnessed_A_Stunning_Watershed_Moment_In_History.html
“Well, I think the Fed needs to do whatever is necessary to help meet our dual mandate objections. I don’t really think about it as far as limits are concerned because I think there is a tremendous amount of capacity. We can go as long as necessary.”
Here Is The Shocking Reason Why Gold Is Soaring Today
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/22_Here_Is_The_Shocking_Reason_Why_Gold_Is_Soaring_Today.html
...the West is literally running out of physical gold.
Labels:
gold,
Running Out,
Shocking Reason,
West
We Are Looking At A Frightening End Game
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/21_We_Are_Looking_At_A_Frightening_End_Game.html
The reality here is that once a nation or nations go past a certain point, there is no turning back. You have to either destroy the debt structure, which is a hard-debt deflation, or you destroy the currency by printing more and more until you see a hyperinflationary collapse. There will be no other possible outcome to this scenario other than the horror of what I just described to you. Regardless, one way or another we are looking at a frightening end to all of this.”
Labels:
end game,
frightening
Fed likely to delay taper after disappointing US jobs data
Fed will delaying tapering of QE. Really? I'm shocked. (sarcasm intended)
http://www.telegraph.co.uk/finance/economics/10396946/Fed-likely-to-delay-taper-after-disappointing-US-jobs-data.html
http://www.telegraph.co.uk/finance/economics/10396946/Fed-likely-to-delay-taper-after-disappointing-US-jobs-data.html
Labels:
data,
delay taper,
disappointing,
Fed,
US jobs
Australia Raises Debt-Ceiling to A$500bn to Avoid US-Like Crisis
Even Australia is joining the debt party.
http://www.ibtimes.co.uk/articles/516139/20131023/australia-debt-ceiling-shutdown-joe-hockey.htm
http://www.ibtimes.co.uk/articles/516139/20131023/australia-debt-ceiling-shutdown-joe-hockey.htm
Tuesday, October 22, 2013
The one real reason Bitcoin isn't a serious alternative currency
I like the tone of this article, but disagree with the overall premise. I do believe Bitcoin is a legitimate currency--even if it brings high volatility to the table. See my take on Bitcoin here.
http://www.networkworld.com/community/blog/one-real-reason-bitcoin-isnt-serious-alternative-currency
http://www.networkworld.com/community/blog/one-real-reason-bitcoin-isnt-serious-alternative-currency
Labels:
alternative currency,
bitcoin,
serious
Monday, October 21, 2013
Sunday, October 20, 2013
China's Largest Conglomerate Buys Building Housing JPMorgan's Gold Vault
If you can't gain access to the gold, buy the vault.
http://www.zerohedge.com/news/2013-10-18/chinas-largest-conglomerate-buys-building-houses-jpmorgans-gold-vault
http://www.zerohedge.com/news/2013-10-18/chinas-largest-conglomerate-buys-building-houses-jpmorgans-gold-vault
Labels:
Building Housing,
Buys,
China,
gold vault,
JPMorgan,
Largest Conglomerate
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