Archive for December, 2011

Jim Sinclair See’s Attention Moving To USD

Jim Sinclair did an interview were he states that attention will move to the US dollar from the current focus on the Euro over the next 3 weeks. See full audio clip here.

Greek Deputy Prime Minister Can’t Afford Real Estate Tax

So let’s get this straight, one of the main guys, who’s government he helped create this new real estate can’t afford to pay the tax. Apparently the tax bill tacked on to everyone’s electricity bill come out to about $9700. So much for foresight! See full article here.

Rant from Ann Barnhardt

An interesting read from Ann, especially the bankruptcy filing as a securities broker… I have received a few emails asking if I was still content with my decision to shut down my brokerage. Not only am I content, but after seeing the news that broke over the weekend, I am of the considered opinion that [...]

North Korea Thoughts and Perspective From Wikileaks

Now that Kim Jung Il is dead everyone is speculating on the takeover by the son Kim Jung Un. Given the lack of experience it would seem to be tense over there for the new few months. One must also assume that Kim Jung Il didn’t have the time he hoped for to set up [...]

Don Coxe Latest Update – Europe, Shale Gas, and Gold

Don Coxe’s Latest Thoughts (Dec 9th, 2011) Coxe poses the question ‘what investment strategy to take after Europe’s developments?’ developments out of Europe discussed giving funds to the IMF, Coxe considers this a good start. notes fault line between Britain and the rest of Europe has been re-enforced market seems to like the uninimity of [...]

Is Chavez Pulling Gold Home To Keep China Happy

An interesting theory as to why Chavez has really pulled all the gold back home, to keep the Chinese happy. It seems Venezuela has taken some significant loans from China in the past 5 years and may have pushed for some better collateral. Interesting theory, Chavez looks like a hero to the people which helps [...]

Iranian Video On US Spy Drone Captured

Below is the video from Iranian news of the Captured drone. I had a friend provide the essence of what is said. “In this clip the 2 people of Iranian Force explaining in a heroic way how intelligently and where this plane is captured with no details, the capabilities of this no-pilot plane and how [...]

Great Read On Re-Pledging Collateral By MF Global And Canadian Banks

The following is a great read about how banks and other players like MF Global setup operations in London England to allow them to re-hypothecate collateral. Basically if you had a 300K house, and went to a bank for a 200K mortgage, the banks can and are turning around and using the collateral you put [...]

Japan Offering .5 oz Glowing Gold Coin With Bonds

Seems Kyle Bass’ recent comments on Japan may be starting to happen. Japan has decided to offer a half oz gold coin, and a very appreciative thank you letter from the finance minister, with the purchase of a $10 million yen (129k) bond. I guess they are more desparate than most think. Here’s hoping it’s [...]

Ann Barnhardt Interview On MF Global

Below find an insightful interview by Ann Barnhardt, she specialized in cattle and grain commodities and announced a few weeks back that she, in good conscious couldn’t continue her business. She had no confidence in the integrity of her clients investments, including non margined cash sitting in their trading accounts. She goes on quite a [...]