Archive for August, 2011

New Bird Flu Variant Of H5N1 Moving To India

News out that a new variant of the bird flu (H5N1.2.3.2.1) virus has shown up in China and Vietnam and is now moving into India. The difference with this variant is that it can evade all existing vaccines that have been developed to fight H5N1 to date. The concern is it isn’t known how many [...]

34% Of Americans See Gold As Best Investment

A new Gallop poll says 34% of Americans see gold as the best long term investment, real estate a distant second at 19%, stocks/mutual funds at 17%, savings accounts at 14%, and bonds a distant 5th at 10%. You have to say gold is a fringe investment anymore but the question is how many are [...]

Belarus – Moving Along The Hyperinflation Curve

Belarus continues to move along the road to hyperinflation, or should I say more extreme hyperinflation. The National Bank of Belarus is raising their refinance rate from 22% to 27%, the 8th increase this year. At the beginning of the year it was at 10.5%. ( See full article ). Also with the devaluations that [...]

Don Coxe Update – Aug 27th 2011

Don Coxe Update (Aug 27th, 2011) update on banks, focus on Eurozone but impact on US banks he’s highly sceptical of Buffett’s investment in Bank of America given their problems aren’t simply balance sheet based. all 50 states have litigation against Bank of America, will be in the courts for years he doesn’t know how [...]

Only 48% Of American Youth Employed

You hear in the media how places like Spain have 40% youth unemployment which is basically asking for unrest. If you’re young with no apparent future you have lots of time to think about ways to stir the pot. Well it seems in America there are similar problems developing which shouldn’t really come as a [...]

Rob Kirby On Low Interest Rate Games

Rob Kirby has some new forensic’s out on how they are truly keeping interest rates artificially low. It’s a bit of a heavy read but worthwhile. He explains how they use the ESF (Exchange Stabilization Fund) to keep US bonds scarce for settlement and hence has given the US Treasury/Fed control over long term interest [...]

Eric Sprott – Where’s The Gold

Eric Sprott Interview Highlights all the bond purchases being done by Europe and others are really an unofficial bank run, the banks are selling these bonds/assets to pay off depositors. 20% supply/demand change for gold demand from last year to this year, where is the gold coming from? agrees with Turk that the gold cartel [...]

Ben Davis See’s Chavez As A Game Changer

Ben Davis Interview Highlights $2100 gold could happen in weeks instead of by year end due to Chavez. Chavez request will test the fractional gold reserve system. Chavez could cause a change reaction with other countries asking for their gold. Chavez request could be a game changer for gold. Only 25-30% of all gold is [...]

Don Coxe Update – The Deficient Frontier

Don Coxe Update (Aug 18th, 2011) notes gold is saying it’s not a normal financial crisis, but an existential risk has coined the term ‘The Deficient Frontier’ (vs Efficient Frontier) to draw attention to this see’s a gradual unraveling of the efficient frontier risk due to no confidence in a model to value assets of [...]

Gold Not Yet Parabolic But Google Gold Price Trend Is

The price of gold may not have gone parabolic yet but the google trend of the term ‘gold price’ has gone parabolic. The interesting part is the regions with the highest trend of ‘gold price’, they are mainly coming from India and UAE. It’s also interesting that if you do a trend of ‘gold coins’ [...]