Forex trading Robots

If trading equities with automated High Frequency Trading algorithms wasn't dangerous enough (remember the "flash crash") they are now moving in to the Forex space. So now you can automate the crash of a whole country's currency instead of just one stock, so much more fun, non?

What George Soros would have given for one of these platforms in the good ol' days when he broke the British Pound.

Marc Faber Sees Risk of `Technical Recession' in China

I wish to echo what Marc says in regards to a boom at the big end of town. I visited Bangkok, Thailand in Dec 2010 and went to dinner with some of the movers 'n shakers at a high end nightclub. The car park mainly consisted of AMG Mercs, M3 BMWs and high end Porsches.

by Bloomberg on May 26, 2011 May 25

Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for China's economy. Faber also discusses the U.S. economy and budget deficit, and his investment strategy. He speaks with Carol Massar on Bloomberg Television's "Street Smart."

click on the photo of Marc Faber to go thru to the inteview

Bill Gross - "What we are trying to do is find some countries that are less financially repressed"

How gold could reach $13,644 an ounce and silver $853?

From ArabianMoney.net:

Doyen of the gold bugs Jim Sinclair has set readers of his popular website a challenge to come up with the price per ounce that gold will reach if the precious metal is fully monetized. He says the correct answer is $13,644.

Mr Sinclair explains his thinking: ‘Because gold is held by many central banks, once as a reserve currency but now as an inventory currency, it functions as a swing asset to balance the International Balance sheet of the US. Central banks are sellers of dollars but still hold, by default, large dollar inventories......read on

Truth about Markets

Latest episode of Max & Stacy's regular London radio show......listen here

SGT interviews James Turk

David Morgan - Gold and Silver used as Currency in Utah

Steve Keen: Will there be a double dip in the USA?

Interesting video from Steve Keen, a controversial Australian economist, whom I had the pleasure of meeting at conference dinner several months ago.

Bill Murphy - why GATA believes the gold and silver markets are being manipulated

In this video, Bill Murphy, chairman of the Gold Anti-Trust Action Committee (GATA), discusses why GATA was formed and some of its recent activities. Murphy also discusses why GATA believes the gold and silver markets are being manipulated.

Murphy also talks about the problems afflicting the world economy – and in particular, the US economy – and examines what the prospects are for gold and silver returning to some countries as official currencies.

See the violence inherent in the system - HELP! HELP! I'm being repressed!

click on the image of Jefferson to read the words etched on the wall behind him, then read the rest of this post.

WTF? US Park Police tear up the 1st amendment in front of the Thomas Jefferson Memorial, simply disgusting.

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances

Monty Python and the Holy Grail summed it up nicely:

KING ARTHUR: Shut up! Will you shut up!
DENNIS: Ah, now we see the violence inherent in the system.
KING ARTHUR: Shut up!
DENNIS: Oh! Come and see the violence inherent in the system! HELP! HELP! I'm being repressed!
KING ARTHUR: Bloody peasant!