Thursday, March 6, 2014

Gold Exports Drove The Huge Rise In Australia's Trade Surplus


Article link

Australia’s trade data for January is out and printed a surplus of $1.433 billion – more than 5 times the market expectation of a $270 million surplus. The ABS said that this is a 142% increase on the surplus recorded in December.

The data looks solid across the board but the huge 44% or $425 million increase in non-monetary gold exports is a stand-out feature of this result. Equally the 27% or $95 million fall in non-monetary gold imports is an additional positive for the trade balance.

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Andy Hoffman on Ukraine, Metals and Global Madness


TSA stops man after "seeing Bitcoin" in bag

From RT America

Keiser Report: The FUBAR World Economy

From RT

Published on Mar 4, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the $400 million papaya milkshake at MtGox and the $400 million transaction malleability issue at Citigroup's subsidiary in Mexico. In the second half, Max talks to Tuur Demeester about the benign virus that is bitcoin and the cloud that hit earth. They also talk about creating an instant Hong Kong in a box and establishing proof of reserves.