from King World News:
On
the heels of legendary trader Jim Sinclair’s interview regarding the
current panic in the gold market, today KWN wanted to speak with the
firm that is calling for $10,000 gold to get their take what readers
should be focused on at this point. Paul Brodsky, who co-founded QB
Asset Management Company, had this to say to KWN readers globally, “I
think it’s important to keep gold in perspective when we look at gold
and how much central banks own vs what is out there in the private
sector. It totals less than 20%. Yet, clearly, treasury ministries
around the world and central banks that control the flow in the stock of
global currencies continue to hold gold and are becoming net purchasers
of gold.”
Paul Brodsky continues: Read More @ KingWorldNews.com
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Paul Brodsky continues: Read More @ KingWorldNews.com
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And Now, A Present: "Are The Brokers Broken?" - A Reprise
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Assets Will Be Taxed More And More
Admin at Marc Faber Blog - 1 hour ago
I also have a concern generally speaking about our capitalistic system. For
sure people with assets, they will be taxed more heavily, that’s for sure.
- in BER
*Marc Faber is an international investor known for his uncanny predictions
of the stock market and futures markets around the world.*
2012 Elections: I’m Not In The Business Of Endorsing Political Candidates
Admin at Jim Rogers Blog - 1 hour ago
Well I don’t even want to get into who I’m endorsing and why because I mean
after all, I’m just one voter and I would probably hurt somebody if I
endorsed them. I mean in America, Gary Johnson and Ron Paul seem to
understand the problems that are facing America. But I’m not in the
business of endorsing political candidates. - *in FNN*
*Jim Rogers is an author, financial commentator and successful
international investor. He has been frequently featured in Time, The New
York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The
Financial Times and is a regular guest on Bloomb... more »
from techi.com:
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By Connor Livingston
Despite a massive Twitter campaign and a blog post that claims “Go Daddy no longer supports SOPA legislation” the company and their CEO have dodged questions about opposing the bill. In essence, they are taking a lesser role by not showing support for the bill. They have not opposed it.
This week, they lost more than 72,000 domain registrations. At a yearly discounted rate of $6.99 (most registrations are higher), that’s over half a million dollars per year. It is apparently not enough for them to speak out against the bill.
How many domains is the company willing to lose before they oppose this abomination of legislation? Do they believe that when they “step back and let others take leadership roles” that we are going to see it as something other than a “duck and cover” public relations move to try to get out of the spotlight and hope someone else takes the brunt of the attacks while they quietly support the bill?
Is 72,354 domains enough? Not even close…
Read More @ techi.com
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By Connor Livingston
Despite a massive Twitter campaign and a blog post that claims “Go Daddy no longer supports SOPA legislation” the company and their CEO have dodged questions about opposing the bill. In essence, they are taking a lesser role by not showing support for the bill. They have not opposed it.
This week, they lost more than 72,000 domain registrations. At a yearly discounted rate of $6.99 (most registrations are higher), that’s over half a million dollars per year. It is apparently not enough for them to speak out against the bill.
How many domains is the company willing to lose before they oppose this abomination of legislation? Do they believe that when they “step back and let others take leadership roles” that we are going to see it as something other than a “duck and cover” public relations move to try to get out of the spotlight and hope someone else takes the brunt of the attacks while they quietly support the bill?
Is 72,354 domains enough? Not even close…
Read More @ techi.com
Former State Senator Says ‘Goodbye, Illinois’
Former
State Senator and Republican Cook County Board President candidate
Roger Keats and his wife Tina left Illinois to live in Texas. They bid
farewell to their Illinois friends in a Wilmette Beacon article, and with this letter, saying they’re “voting with their feet and their wallets.”
As we leave Illinois for good, I wanted
to say goodbye to my friends and wish all of you well. I am a lifelong
son of the heartland and proud of it. After 60 years, I leave Illinois
with a heavy heart. BUT enough is enough! The leaders of Illinois refuse
to see we can’t continue going in the direction we are and expect
people who have options to stay here. I remember when Illinois had 25
congressmen. In 2012 we will have 18. Compared to the rest of the
country we have lost 1/4th of our population. Don’t blame the weather,
because I love 4 seasons.
I feel as if we are standing on the deck
of the Titanic and I can see the icebergs right in front of us. I will
miss our friends a great deal. I have called Illinois home for
essentially my entire life. But it is time to go where there is honest,
competent and cost effective government. We have chosen to vote with our
feet and our wallets. My best to all of you and Good luck!
The Fascist Threat - Lew Rockwell, Jr.
The link is here.
The Death Certificate Of The Paper Dollar: Where To Next?
The
world dollar standard’s death certificate arrives in the mail this
week. The Bank of England — “the Old Lady of Threadneedle Street” — one
of the most staid, cautious, and dignified entities in the world of
monetary policy — signals that the fiduciary currency standard ushered
in on August 15, 1971 is, empirically measured, far inferior to the
(dilute form of the) gold standard erected at Bretton Woods. Fellow
Forbes.com columnist Charles Kadlec thoroughly reprises and analyzes the
facts submitted to a candid world by the Bank of England in a paper to
be officially published December 20, 2011.
The Bank of England’s Financial Stability
Paper No. 13, Reform of the International Monetary and Financial
System, reported at Bloomberg Business Week and reviewed here, is being
seen by many monetary policy observers around the world as the
“coroner’s report” on the death of the world dollar standard.
The world dollar system has been
pronounced, now almost officially, a failure. The main surprise is that
the pronouncement took so long. The call by Steve Forbes for a
discussion about how to restore gold, and the work of monetary savants
such as Lehrman, Shelton, and White laying out precisely how, could not
be more timely — or needed. Public pollsters show gold to be
extraordinarily popular with voters. Monetary reform is at the core of
the conservative consensus. Presidential aspirants are taking note.
Anticipate legislation.
Onward to gold — and prosperity.
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