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November 1, 2013
In Switzerland, it is a far more democratic process than in the USA. You need 100,000 signatures to create a proposition to alter the Constitution that then is put to a general vote for the people. What is going on is that the Socialists have gathered about 130,000 signatures to ban speculation in commodities. We […]
November 1, 2013
John Kerry admits that some NSA spying went TOO FAR as reported by the BBC. Kerry said he will work with Obama to “prevent” further inappropriate acts by the NSA. But what is also emerging in Asia is a rising protest that this has been a joint effort assisted by Australia and in Europe Britain. What […]
October 31, 2013
The latest leak from Snowden is that the NSA has been illegally hacking into the links between centers used by Google and Yahoo. Gen Keith Alexander told Bloomberg TV: “We are not authorized to go into a US company’s servers and take data.” However, here is where you have to read each word carefully to see […]
October 31, 2013
The famous Brazilian tycoon Eike Batista’s flagship company has filed for bankruptcy protection. Batista’s oil and gas explorer OGX applied bankruptcy protection (“judicial recovery” in Brazil) after debt restructuring talks collapsed. The debt is about $3.6 billion in bonds out of a total $5.1 billion distressed debts at the company. This marks the end of Commodity boom. […]
October 30, 2013
COMMENT: Hello Martin The problem with the collectible market in the eyes of a C accountant.. You have this asset and this asset has gone up but the govt has not been able to benefit. I noticed that in Australia they have this deal where they can make you partially revalue an asset. So if […]
October 30, 2013
The French are starting to rise up forcing Hollande to postpone his eco-tax that was due to start on Monday. The new eco-tax would charge a tax on all vehicles over 3.5 tonnes, This will apply to farmers as well. The French economy is being absolutely destroyed – shaken right down to its roots. The French population […]
October 30, 2013
QUESTION: In regards to your recent collector’s market comments, are you saying that the collector’s markets that have international backing will perform or outperform other sectors on a return on capital basis? Whereas the domestic collector’s market , like Morgan dollars, will under-perform, if not be crushed by the contracting disposable income (deflation) in the […]
October 30, 2013
The NSA has admitted that spying on world leaders is a top priority. It seems like that is the standard response for everything. They just have to know what everyone is doing and thinking. This is one sick person. Can you image this type of person as a spouse? How about as a father? Clearly, […]
October 30, 2013
A 30-year trend of trade growing at twice the speed of the global economy has come to an end thanks to the USA hunting Americans worldwide. I have been warning these morons, so desperate for money, have been systemically destroying the world economy. The official trend in global trade is now starting to turn negative […]