Tuesday, December 9, 2014

Keiser Report: Unjust Road to Independence

From RT

Published on Dec 6, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert look at the injustice which may lead to independence, from “embarrassed” RBS bankers getting away with mortgage fraud to the Washington DC police department scheduling future Civil Asset Forfeitures to meet budget requirements. In the second half, Max continues his interview with Chris Powell of GATA about negative GOFO rates in the gold market.

Saturday, December 6, 2014

Belgium Investigating To Repatriate All Gold Reserves?

Thanks to Koos Jansen for the heads up on this one.

From BullionStar

December 5, 2104. VTM-nieuws reports the Belgium central bank has confirmed it’s investigating to repatriate all its gold reserves.

The Chinese Beverly Hills - Where Chinese Millionaires House their Kids, and Mistresses

From Vocativ

Published on Dec 5, 2014

The town of Arcadia California has gained the nickname "the Chinese Beverly Hills". Peggy Fong Chen, who makes a living selling high priced real estate in Arcadia, says that almost all of her buyers are from mainland China. She also pointed out that almost all of her clients pay for their multi million dollar homes in cash. Many Chinese billionaires buy these homes along with exotic cars for their children who are often sent to American colleges. Others use these mansions are for housing their mistresses. Whatever their reasons may be the Chinese elite are buying up American real estate to the tune of $22 billion last year alone.


Friday, December 5, 2014

Chinese business leaders flock to Australia

Wednesday, 3 Dec 2014
Some of China's most illustrious business leaders arrived in Australia this past week on the hunt for investments. CNBC's Matthew Taylor reports.
 

Weekend Chillout - Besame Mucho

With the ECB and Super Mario Draghi saying that the bank will buy mucho anything (but not gold) I thought we would go The Full Mucho with this weekend's chillout.

Actually so Mucho that I am going to attend the launch of Frances Madden band's first studio album this Saturday night at an underground jazz club in Sydney. If you would also like to come along the details are here


Draghi - "We will buy all assets but Gold"

Always the Western Central Banker, when discussing QE Draghi says - "We discussed (buying) all assets but Gold"

Dec. 5 (Bloomberg) -- European Central Bank President Mario Draghi spoke at a news conference in Frankfurt on Dec. 4 about interest rates, the euro-area economy and details of the ECB's purchase of covered bonds and asset-backed securities. (Excerpts. Video courtesy of European Central Bank. Source: Bloomberg).