Tuesday, October 4, 2011

Gold doing its best to beat the trend

With turmoil in the markets overnight as Greece dared to speak the truth about its finances gold rally against the trend.

NYSE Market Wrap

Mon 03 Oct 11 | 04:05 PM ET
CNBC's Bob Pisani reports on the trading day from the NYSE.

Greece says it will miss deficit targets

From: EUXTV  | Oct 3, 2011 
Greece said on Sunday that it will miss its new deficit targets next year as it presented a massive bailout package ahead of the key Eurozone finance ministers meeting in Luxembourg Monday and Tuesday.

Keynes vs. Hayek


Frost Over the World - The 'war on terror' 10 years on

From: AlJazeeraEnglish  | Oct 1, 2011 
Donald Rumsfeld, the former US secretary of defence, speaks to Sir David Frost. Raili Odinga, the Kenyan prime minister, talks about the situation in Somalia.

SGT Report on Gold and Silver

From: SGTbull07  | Oct 1, 2011

Understanding the debt crisis with David Malone

By on Sep 30, 2011
David Malone is better known for making acclaimed science documentaries for the BBC and Channel 4. His BBC documentary 'High Anxieties- The Mathematics of Chaos', first broadcast in September 2008, was one of the first films to be made about the financial crisis accurately anticipating the problems that were to unfold in the economy.

Whislt researching 'High Anxieties' David became familiar with the websites and forums on which financial traders shared information and insider gossip. As the crisis began to unfold in 2008 David became incensed that what he was hearing on the news and from politicians was NOT what the bankers were saying to each other. Indeed it was the exact opposite. He began posting comments on the financial pages of the Guardian newspaper's website and then began his own blog (http://golemxiv-credo.blogspot.com). Finally he wrote 'The Debt Generation' - the culmination of over two years writing fuelled by anger and frustration at the way our futures were being sold to save the banks.


Greeek debt crisis

By on Sep 20, 2011 

Martin Armstrong interviewed

I  have regularly read Martin Armstrong's analysis over the last 2 years but this is the first time I have heard him interviewed. An excellent interview with Eric King of King World News reviews Martin's personal history, the EU & US financial crisis and finishes with Martin's views on Gold. Listen here

Greece to unveil retrenchment plan

From: AlJazeeraEnglish  | Oct 2, 2011 
Greece is expected to unveil its plan to begin laying off state workers, the most contentious part of a reform package demanded by the EU and IMF to free up loans and stave off bankruptcy.

Without the release of a $14bn tranche of an EU bailout, massively indebted Greece could run out of money to pay state wage bills within weeks.

Al Jazeera speaks to Vanessa Rossi, the economic adviser to Oxford Analytica, ahead of the meeting.