Tuesday, July 2, 2013
Monday, July 1, 2013
Sunday, June 30, 2013
Keiser Report- Peek-a-boo Accounting
From RussiaToday
Published on Jun 29, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the latest peek-a-boo accounting fashion trends looking great matched with a missold swap or wrapped in an accidental misplacement of segregated client funds. If your name is Jane Tacky Toe Polish, however, do not try the latest in financial fraud trends as you'll be sent to prison for a long time.
In the second half, Max talks to Francine McKenna of TheAuditors.com about the Bernie Madoff of munis and the cooked bailout books at Anglo-Irish bank.
Published on Jun 29, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the latest peek-a-boo accounting fashion trends looking great matched with a missold swap or wrapped in an accidental misplacement of segregated client funds. If your name is Jane Tacky Toe Polish, however, do not try the latest in financial fraud trends as you'll be sent to prison for a long time.
In the second half, Max talks to Francine McKenna of TheAuditors.com about the Bernie Madoff of munis and the cooked bailout books at Anglo-Irish bank.
Saturday, June 29, 2013
CNBC - "Should gold have ever been $19/oz in the first place?"
OMG where to start with the baboons attacking Peter Schiff and gold. Watch out for the first clanger when the host says "should gold have ever been $19/oz in the first place?" - um well gold hasn't been $19/oz since WWI. Then he finally admits "how about the fact that it’s darn easy to sell these days because it’s just a piece of paper and a computer transaction.” - Yes exactly people are selling paper gold and more importantly they are shorting paper gold.
On Peter's comments about inflation and gold mining, I think it is very valid point, when prices for gold were lower 10 years ago so was oil and more importantly gold ore grades were higher. I think $1200 is a good estimate for cash costs. If it wasn't why is Newmont shutting down gold mines in Papua New Guinea and laying off staff in Australia?
On Peter's comments about inflation and gold mining, I think it is very valid point, when prices for gold were lower 10 years ago so was oil and more importantly gold ore grades were higher. I think $1200 is a good estimate for cash costs. If it wasn't why is Newmont shutting down gold mines in Papua New Guinea and laying off staff in Australia?
Subscribe to:
Posts (Atom)