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| Graham Summer - Gains Pains & Capital |
Compound W |
I haven't done many real estate posts lately, although, as an update to this one (in which an empty dirt lot was being offered for $10 million) I'll mention that although the For Sale sign seemed to linger longer than usual, it was supplemented with a SOLD sign yesterday. So I guess the Chinese are still buying.
I've become quite inured to the lunacy of Silicon Valley real estate, so not much surprises me anymore, but I saw a full page color ad this morning in Gentry magazine (which is a free maThursday, June 30, 2016 |
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| Alasdair Macleod - Finance and Eco. |
Shorting the yuan is dangerous |
Last Sunday (31 January) Zero Hedge ran an article drawing attention to the big names in the hedge fund community who are betting heavily that the yuan will suffer a major devaluation any time between the next few months and perhaps the next three years.The impression given is that this view is universal, almost to the exclusion of any other.A market cynic would point out that when everyone is short, there is no one left to sell, so it is a good time to buy. This may indeed be true, and gives thThursday, February 4, 2016 |
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| 24hGold - Associated Press |
Stillwater Mine workers to reconsider contract Monday night |
HELENA, Mont. (AP) -- Union workers with expired contracts at the United States' only platinum and palladium mines will reconsider tonight the same contract they rejected in June.
Stillwater Mining Co. workers are scheduled to vote by 9 p.m. Monday on a contract that would keep the pay and benefits of about 900 miners mostly consistent with the four-year contract that ended in early June.
United Steelworkers' negotiating committee and Stillwater CEO Michael "MMonday, July 27, 2015 |
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| Tim Iacono - Iacono Research |
The 10 Richest U.S. Presidents |
From USA Today comes another look at the wealth of U.S. Presidents and it’s nice to see that George Washington still claims the top spot at an estimated $535 million.
Having read a lot about the founding fathers in recent years, I don’t recall coming across the first President’s salary at $25,000, some 2 percent of the U.S. budget at the time.
As a young man, Washington made a lot of money speculating on land, mostly in the Ohio River Valley (considered the “frontier” at the time), and he repSunday, February 23, 2014 |
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| Jesse - Le Cafe Américain |
SP 500 and NDX Futures Daily Charts - VIX - A Warning On the Equity Market |
It is the end of year, and the market volume is light, almost as light as the regulatory oversight.
Stocks are drifting higher as the paint is lightly stroked across the tape. VIX is quite low and I have included a Year-To-Date look at it below for you to gauge it more effectively. That is not to say it cannot remain low for a period of time as we have seen in this market during the year.
It is too bad the major VIX ETFs, and short stocks ETFs, are designed to lose money over any extended Friday, December 27, 2013 |
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| Jesse - Le Cafe Américain |
SP 500 and NDX Futures Daily Charts - VIX |
It is the end of year, and the market volume is light, almost as light as the regulatory oversight.
Stocks are drifting higher as the paint is lightly stroked across the tape. VIX is quite low and I have included a Year-To-Date look at it below for you to gauge it more effectively. That is not to say it cannot remain low for a period of time as we have seen in this market during the year.
It is too bad the major VIX ETFs, and short stocks ETFs, are designed to lose money over any extended Friday, December 27, 2013 |
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| Jesse - Le Cafe Américain |
Paul Krugman On Money: Why Economics Has Become a Disgraced Profession |
"I write to you from a disgraced profession. Economic theory, as widely taught since the 1980s, failed miserably to understand the forces behind the financial crisis.
Concepts including “rational expectations,” “market discipline,” and the “efficient markets hypothesis” led economists to argue that speculation would stabilize prices, that sellers would act to protect their reputations, that caveat emptor could be relied on, and that widespread fraud therefore could not occur."
James K. GalbraMonday, December 23, 2013 |
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| Jesse - Le Cafe Américain |
Gold Daily and Silver Weekly Charts - Economics, a Thoroughly Disgraced Profession |
"I write to you from a disgraced profession. Economic theory, as widely taught since the 1980s, failed miserably to understand the forces behind the financial crisis.
Concepts including “rational expectations,” “market discipline,” and the “efficient markets hypothesis” led economists to argue that speculation would stabilize prices, that sellers would act to protect their reputations, that caveat emptor could be relied on, and that widespread fraud therefore could not occur.
Not all economiWednesday, December 11, 2013 |
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| Mac Slavo - ShtfPlan |
Video: EBT System Crash: 16 States Out of Service: “How Am I Going to Feed My Family” |
(Pictured: Grocery stores and retailers are posting signs for shoppers about the Electronic Benefits Outage)
The Electronic Benefits Transfer system responsible for providing 50,000,000 Americans the means to put food on the table has crashed.
The outage is reportedly affecting at least sixteen states.
Via The Organic Prepper:
Abandoned carts full of food were a frequent sight in grocery stores Saturday morning, as the EBT food assistance debit system stopped working without warning.
According tSunday, October 13, 2013 |
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| Mish - Global Economic Analysis |
Wealthy French Eye Belgian Tax Breaks (Everyone in France Should Do the Same) |
The inheritance tax in France is 45%, in Belgium it's 3%. France has a wealth tax, Belgium doesn't.
Wealthy French have known and used these loopholes for quite some time, but appeal of such schemes is on the rise following massive tax hikes of president Francois Hollande.
Please consider Wealthy French eye Belgian tax perks.
For decades, Thierry Afschrift’s boutique tax law practice was among the best-kept secrets of Belgium’s wealthy elite, his name passed discreetly between the landed genMonday, February 18, 2013 |
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| 24hgold - MarketWire |
Mourns the Loss of Director |
Thursday, July 5, 2012 |
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| 24hgold |
Bounty Potash Video |
Thursday, May 17, 2012 |
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| John Rubino - Dollar Collapse |
Don't Forget America's Failed States |
London is burning.Greece is in receivership.Nobody wants Italian bonds.France's AAA rating is at risk.The headlines do seem to be a bit Euro-centric lately.But that's temporary.Before long the spotlight will swing back to America's failed states, beginning, as always, with California.Consider:
Signs point to California facing new budget gap
(Reuters) - California's summer vacation from its state budget woes didn't last long.Saturday, August 13, 2011 |
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| Crisis Watch - Dollar Collapse |
Don't Forget America's Failed States |
London is burning.Greece is in receivership.Nobody wants Italian bonds.France's AAA rating is at risk.The headlines do seem to be a bit Euro-centric lately.But that's temporary.Before long the spotlight will swing back to America's failed states, beginning, as always, with California.Consider:
Signs point to California facing new budget gap
(Reuters) - California's summer vacation from its state budget woes didn't last long.Saturday, August 13, 2011 |
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| Nathan Lewis - New World Economics |
Let's Take a Trip to New York City |
Monday, January 25, 2010 |
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