Tuesday, March 12, 2013

Beaches, Rum and No Capitol Gains Tax

March 11 (Bloomberg) -- John Paulson, a lifelong New Yorker, is exploring a move to Puerto Rico, where a new law would eliminate taxes on gains from the $9.5 billion he has invested in his own hedge funds, according to four people who have spoken to him about a possible relocation. Bloomberg's Zach Mider reports on Bloomberg Television's "Street Smart."

Can the Bank of Japan Revive the Economy?

From CNBC.com

Paul Krake from View from the Peak: Maco Strategies and Jorge Mariscal, Regional CIO, Emerging Markets at UBS discuss what the Japanese central bank must do to support the market rally.

Surprising Weakness in Chinese Economy

From WSJ Live

Story link

Richard Silk reports China's economy showed signs of weakness in the first two months of the year, which surprised observers expecting continued strong growth and low inflation.

Bank Of Japan May Buy Derivatives

From ZeroHedge.com

Original source

Because having legal authority to buy corporate bonds, ETFs and REITs, in addition to everything else the Fed now buys, is apparently not enough to crush, mangle and suicide its currency, the BOJ is now considering adding yet another "asset" to its cocktail of eligible securities for purchase: those which Buffett once declared weapons of mass financial destruction - derivatives.

From Bloomberg: "Bank of Japan governor nominee Haruhiko Kuroda said that the central bank will consider buying derivatives if he’s confirmed as governor and signaled a readiness for a quick expansion in monetary stimulus. “We will carefully consider such a proposal,” Kuroda, the Asian Development Bank chief, said in response to a lawmaker’s question in his second Diet confirmation hearing today." This development makes intuitive sense: central banks are desperate to destroy their currencies in the fastest and most spectacular fashion, and what better way than to have your central bank load up on the riskiest of "assets", which would be one brief downturn away from wiping away all the of the bank's capital and then some, and thus sending the currency into an even greater tailspin - just the outcome sought.

After all, in the new normal, it is he who "collateralizes" their currency with the most toxic biohazard, that wins. The Bank of Japan may have just taken a commanding lead over everyone else. The question now is: how soon until Bernanke follows suit and demands that the Fed be allowed to monetize equities, HY bonds, and other E-Trade baby specials.

Read more

No Bill of rights for CIA director?

From RTAmerica

Bitcoin to kill The Fed?

From TheAlexJonesChannel

Alex Jones talks with former stock trader and television host Max Keiser about the roller coaster stock market casino and the slowly disintegrating global economy as the global elite continue their move to consolidate wealth and power. Max's site:  maxkeiser.com

Ron Paul on Congress, Drones, and The Imperial Presidency

From minnesotachris

Why the Bull Market Isn't Over

For existing bullion investors or those wanting to know more about bullion investments ABC Bullion is holding a seminar in Sydney, Australia on 4 April 2013.

Event Details:


The ABC Bullion Investor Education Seminar 2013:


Introduction to Precious Metals: Why The Bull Market Is Not Over



ABC Bullion are pleased to announce the first in a series of Investor Eductation Seminars for 2013:



 featuring Chief Economist, Jordan Eliseo
"Introduction to Precious Metals -
Why The Bull Market Is Not Over"
Thursday 4th April, 6.15pm for 6.30pm start
The Wesley Auditorium, 220 Pitt St, Sydney

This seminar is ideal for those who are:

  • interested to hear what's really going on in the economy today. 
  • keen to learn more about the precious metals market. 
  • taking their first steps in precious metal investing. 
  • wanting to know if the bull market is over or indeed has much further to run. 
  • interested in being able to identify the REAL top of a bull market. 
  • wanting to know how best to capitalize on the bull market.

Tickets for the seminar are available at just $35 for a single and $50 for a double. However, until the 15th March, we are offering exclusive 'early bird' ticket prices of just $25 for a single and $40 for a double!

Last year's seminar was a brilliant success, and we were innundated with positive feedback from our clients who attended.

featuring Chief Economist, Jordan Eliseo

"Introduction to Precious Metals - Why The Bull Market Is Not Over"

Thursday 4th April, 6.15pm for 6.30pm start
The Wesley Auditorium, 220 Pitt St, Sydney

Bring A Friend And Get Your Gold Discounted!
We know that you are ready to take advantage of the opportunities offered by the current precious metals bull market and know how to use gold and silver to protect your wealth.
But we'd like your help to spread the word! Our existing clients are our best advocates for helping spread the message about the importance of precious metal investment in this environment.
This seminar is the perfect opportunity to show your friend, colleague or relative what they are missing out on. Whether it's a child who's looking to start saving, a friend fascinated by the thought of buying gold, a relative who is convinced that property is still the place to be or a colleague who is looking for options outside of their existing portfolio, bring them along and we'll show them why they should incorporate precious metals into their portfolio.
To thank you for bringing a new face to our seminar, we're going to do something we've never done before. For one week only, following the seminar, we are going to discount purchases for clients who brought a friend to the seminar.
How Do I Get My Discount?
All you need to do is buy one of our 'double' tickets, and we'll automatically apply your discount for 7 days following the seminar, as long as you brought a friend. 
In addition to this, if the friend you bring along opens an account with us in the week following the seminar, we'll give them the discount too!
It's just a small way for us to thank you for helping us spread the word.

 featuring Chief Economist, Jordan Eliseo
"Introduction to Precious Metals - Why The Bull Market Is Not Over"
Thursday 4th April, 6.15pm for 6.30pm start
The Wesley Auditorium, 220 Pitt St, Sydney


For full details and booking click here or on the image below.

Monday, March 11, 2013

Jim Willie - Gold $8,000 in New Trade Finance System

Jim Willie is one of the best alternate newsletter writers and analysts out there (and he is "out there"). He writes a huge 2 part newsletter each month and it is currently the only paid newsletter to which I subscribe. Also depending on your circumstances and domicile you can claim the newsletter cost as an education expense on your tax return, so for someone in Australia that could result in up to a 45% discount. Jim Willie's website can be found here

From Greg Hunter

A lesson in Real Money

From TruthNeverTold