Saturday, February 28, 2015
Friday, February 27, 2015
Weekend Chillout - Frances Madden
Looking forward to catching up with my jazz friend Frances Madden tonight in Sydney for some 50's & 60's jazz, plus a few of her lush tunes. Wishing all a chilled weekend.
Thursday, February 26, 2015
Wednesday, February 25, 2015
Sunday, February 22, 2015
Kung Hei Fat Choi
Happy Lunar New Year to all my followers. Sorry the video below is a few years old but it was the best one I could find with a Sydney feel. If you want to view this year's Sydney Chinese New Year Twilight Parade it is on from 8pm tonight (Sunday), details here
Tweet of the Week
"A gentleman should never be shy to talk to a beautiful woman or to make money" pic.twitter.com/1g9VRctx01
— Discreet Bullion (@MoonSunTruth) February 21, 2015
Friday, February 20, 2015
Marc Faber - Is Gold making a return in the New Year?
From Boom Bust
Published on Feb 12, 2015
During times of turmoil, people tend to pile into to safe haven assets. And many people’s favorite safe haven asset always has been and always will be gold, which is having a mixed year. Global demand for gold has hit a four-year low. However, thanks to turmoil in the Eurozone, gold has bounced back more than 3% this year after falling 28% the previous two years. Erin weighs in.
Then, Erin sits down with Marc Faber – editor and publisher of the Gloom, Boom & Doom Report and director of Marc Faber Ltd. Marc tell us what he why he believes this is the year that people will lose confidence in central banks. He also gives his usual nod to buying physical gold outside of the United States.
Published on Feb 12, 2015
During times of turmoil, people tend to pile into to safe haven assets. And many people’s favorite safe haven asset always has been and always will be gold, which is having a mixed year. Global demand for gold has hit a four-year low. However, thanks to turmoil in the Eurozone, gold has bounced back more than 3% this year after falling 28% the previous two years. Erin weighs in.
Then, Erin sits down with Marc Faber – editor and publisher of the Gloom, Boom & Doom Report and director of Marc Faber Ltd. Marc tell us what he why he believes this is the year that people will lose confidence in central banks. He also gives his usual nod to buying physical gold outside of the United States.
Keiser Report: Global Market For Conflict
From RT
Published on Feb 19, 2015
Max Keiser and Stacy Herbert discuss the new Blackwater world order in which corporations employ and deploy mercenaries to enforce their extrajudicial TTIP 'rights' over sovereign nations of non-corporate person-peasants. In the second half, Max continues his interview with Mitch Feierstein of Planet Ponzi.com about the Carney effect on the Canadian dollar and the velocity of money. Mitch also has a chart, the most important chart the audience will ever see and that is the gold price chart. He tells the Keiser Report what it means for the future of monetary policy and our economies.
Published on Feb 19, 2015
Max Keiser and Stacy Herbert discuss the new Blackwater world order in which corporations employ and deploy mercenaries to enforce their extrajudicial TTIP 'rights' over sovereign nations of non-corporate person-peasants. In the second half, Max continues his interview with Mitch Feierstein of Planet Ponzi.com about the Carney effect on the Canadian dollar and the velocity of money. Mitch also has a chart, the most important chart the audience will ever see and that is the gold price chart. He tells the Keiser Report what it means for the future of monetary policy and our economies.
Thursday, February 19, 2015
GSR interviews Steven Leeb
From GoldSeek.com Radio
Published on Feb 13, 2015
GoldSeek Radio's Chris Waltzek talks to Dr Steven Leeb http://www.leeb.com/
Published on Feb 13, 2015
GoldSeek Radio's Chris Waltzek talks to Dr Steven Leeb http://www.leeb.com/
Happy Lunar New Year
Lunar New Year greetings everyone #UmbrellaRevolution #umbrellamovement pic.twitter.com/J1t4uFMX5E
— Snufkin (@Anon_Snufkin) February 19, 2015
Wednesday, February 18, 2015
People Sign Petition to add Soylent Green to School Menus for Michelle Obama's Lunch Program
From Mark Dice
Link to info on the movie Soylent Green, staring Charlton Heston, Edward G. Robinson
Link to info on the movie Soylent Green, staring Charlton Heston, Edward G. Robinson
"@usaf48: Photos: MOOCH-O-MEAL Lunches Among Worst in World! http://t.co/zNapscYtUE #tcot #ThanksMichelleObama pic.twitter.com/HOafjja9Iw"
— Tim Sheryl (@TimSheryl) February 11, 2015
Tuesday, February 17, 2015
Platinum Bugs Should Love Thieving Fighting Politicians
Yet again South Africa is shown to be a collection of clowns in search of a circus, and these strugglers have 80% of the world's accessible Platinum? Why would any company invest capital to expand or develop new platinum or gold mines in a country like this?
Monday, February 16, 2015
Golden Eye - Indian Style
Maybe inspired by the James Bond film "Golden Eye" an Indian contact lens firm has created Eye Jewellery containing 999,9 (24ct) gold.
From RuptlyTV
From RuptlyTV
Sunday, February 15, 2015
Tweet of the Week
pic.twitter.com/5LqOkvVqK7
— Rudolf E. Havenstein (@RudyHavenstein) February 13, 2015
Keiser Report: Buddhas on Black Market
From RT
Published on Feb 12, 2015
In this episode of the Keiser Report, Max Keiser and Stacy Herbert with a double-header of Stacy episode explaining that: “if you see the Buddha on the side of the road, try to sell him on the black market.” They compare the US and UK economies to the 200 year old shrivelled up mummy of a former monk which is hailed as nearing a state of nirvana by the experts. They look at the real world where the Baltic Dry Index is lowest in its history, wages and productivity were divorced in 1971 and where the UK trade deficit is the worst in 300 years.
Published on Feb 12, 2015
In this episode of the Keiser Report, Max Keiser and Stacy Herbert with a double-header of Stacy episode explaining that: “if you see the Buddha on the side of the road, try to sell him on the black market.” They compare the US and UK economies to the 200 year old shrivelled up mummy of a former monk which is hailed as nearing a state of nirvana by the experts. They look at the real world where the Baltic Dry Index is lowest in its history, wages and productivity were divorced in 1971 and where the UK trade deficit is the worst in 300 years.
Saturday, February 14, 2015
Thursday, February 12, 2015
Wednesday, February 11, 2015
'Truth always has a way of coming out' - CIA torture whistleblower John Kiriakou
From RT
Published on Feb 10, 2015
The man who first lifted the lid on the CIA's torture programme - John Kiriakou - has been released from prison. He spent 2.5 years in prison - for passing classified information to journalists. RT talks to the whistleblower.
Published on Feb 10, 2015
The man who first lifted the lid on the CIA's torture programme - John Kiriakou - has been released from prison. He spent 2.5 years in prison - for passing classified information to journalists. RT talks to the whistleblower.
Tuesday, February 10, 2015
Jean-Marie Eveillard - Legendary Value Investor
From WealthTrack
Published on Feb 6, 2015
An exclusive interview with legendary value investor Jean-Marie Eveillard, who was named Morningstar’s International Manager of the Year in 2001 and received its first Fund Manager Lifetime Achievement Award in 2003. A self-described value investor for 50 years, he is known for his meticulous stock research, cautious, contrarian views and emphasis on avoiding lasting losses for his shareholders. He’s able to share his personal views on investing, the markets and strategy now that he has retired from active management and is Senior Advisor at First Eagle Funds.
Published on Feb 6, 2015
An exclusive interview with legendary value investor Jean-Marie Eveillard, who was named Morningstar’s International Manager of the Year in 2001 and received its first Fund Manager Lifetime Achievement Award in 2003. A self-described value investor for 50 years, he is known for his meticulous stock research, cautious, contrarian views and emphasis on avoiding lasting losses for his shareholders. He’s able to share his personal views on investing, the markets and strategy now that he has retired from active management and is Senior Advisor at First Eagle Funds.
Monday, February 9, 2015
Clarke and Dawe - Dr Dawe does an excellent job here
From ClarkeAndDawe
Published on Feb 4, 2015"An Australian who is concerned about his pet." Originally aired on ABC TV: 05/02/2015
Published on Feb 4, 2015"An Australian who is concerned about his pet." Originally aired on ABC TV: 05/02/2015
Sunday, February 8, 2015
Keiser Report: Greece, Beware Bureaucrats & Bankers Bearing Bailouts
From RT
Published on Feb 7, 2015
In this Keiser Report, Max Keiser and Stacy Herbert warn Greece to beware bureaucrats and bankers bearing bailouts.
In the second half, Max continues with the second part of his interview with Kerry-Anne Mendoza about her new best selling book, “Austerity: The demolition of the welfare state and the rise of the zombie economy.”
Published on Feb 7, 2015
In this Keiser Report, Max Keiser and Stacy Herbert warn Greece to beware bureaucrats and bankers bearing bailouts.
In the second half, Max continues with the second part of his interview with Kerry-Anne Mendoza about her new best selling book, “Austerity: The demolition of the welfare state and the rise of the zombie economy.”
Weekend Chillout - Don't Know Why
Don't know why anyone believes in the US government labour stats, tens of thousands have lost their jobs in the nascent shale oil industry but still the headline unemployment rate remains below the magic 6%. So the market sees that as a positive and sells off gold. Go figure.
Saturday, February 7, 2015
Thursday, February 5, 2015
Belgium to Repatriate its Gold from London?
MOSCOW, February 4 (Sputnik) — Belgium is planning to retrieve 200 metric tons of gold, deposited to United Kingdom storage in the 1930s, Belgian public broadcasting organization RTBF said Wednesday. The date of the retrieval operation is being kept secret for security reasons, according to RTBF. A navel ship will tranport the ingots to Belgium.
The value of the gold is estimated at $7 billion.
Read more: http://sputniknews.com/europe/20150204/1017789475.html#ixzz3Qpxc0Crd
Tuesday, February 3, 2015
Australian Reserve Bank Lowers Cash Rate 0.25%
The RBA has just lowered the Cash Rate by 0.25% to 2.25%. As a result the AUD:USD exchange rate has fallen to 77c, Gold (in AUD) and the ASX have spiked.
Media Release
Number 2015-01
Date 3 February 2015
Embargo For Immediate Release
Statement by Glenn Stevens, Governor: Monetary Policy Decision
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015.
Growth in the global economy continued at a moderate pace in 2014. China's growth was in line with policymakers' objectives. The US economy continued to strengthen, but the euro area and Japanese economies were both weaker than expected. Forecasts for global growth in 2015 envisage continued moderate growth.
Commodity prices have continued to decline, in some cases sharply. The price of oil in particular has fallen significantly over the past few months. These trends appear to reflect a combination of lower growth in demand and, more importantly, significant increases in supply. The much lower levels of energy prices will act to strengthen global output and temporarily to lower CPI inflation rates.
Financial conditions are very accommodative globally, with long-term borrowing rates for several major sovereigns reaching new all-time lows over recent months. Some risk spreads have widened a little but overall financing costs for creditworthy borrowers remain remarkably low.
In Australia the available information suggests that growth is continuing at a below-trend pace, with domestic demand growth overall quite weak. As a result, the unemployment rate has gradually moved higher over the past year. The fall in energy prices can be expected to offer significant support to consumer spending, but at the same time the decline in the terms of trade is reducing income growth. Overall, the Bank's assessment is that output growth will probably remain a little below trend for somewhat longer, and the rate of unemployment peak a little higher, than earlier expected. The economy is likely to be operating with a degree of spare capacity for some time yet.
The CPI recorded the lowest increase for several years in 2014. This was affected by the sharp decline in oil prices at the end of the year and the removal of the price on carbon. Measures of underlying inflation also declined a little, to around 2¼ per cent over the year. With growth in labour costs subdued, it appears likely that inflation will remain consistent with the target over the next one to two years, even with a lower exchange rate.
Credit growth picked up to moderate rates in 2014, with stronger growth in lending to investors in housing assets. Dwelling prices have continued to rise strongly in Sydney, though trends have been more varied in a number of other cities over recent months. The Bank is working with other regulators to assess and contain economic risks that may arise from the housing market.
The Australian dollar has declined noticeably against a rising US dollar over recent months, though less so against a basket of currencies. It remains above most estimates of its fundamental value, particularly given the significant declines in key commodity prices. A lower exchange rate is likely to be needed to achieve balanced growth in the economy.
For the past year and a half, the cash rate has been stable, as the Board has taken time to assess the effects of the substantial easing in policy that had already been put in place and monitored developments in Australia and abroad. At today's meeting, taking into account the flow of recent information and updated forecasts, the Board judged that, on balance, a further reduction in the cash rate was appropriate. This action is expected to add some further support to demand, so as to foster sustainable growth and inflation outcomes consistent with the target.
Enquiries:
Media Office
Information Department
Reserve Bank of Australia
SYDNEY
Phone: +61 2 9551 9720
Fax: +61 2 9551 8033
E-mail: rbainfo@rba.gov.au
Media Release
Number 2015-01
Date 3 February 2015
Embargo For Immediate Release
Statement by Glenn Stevens, Governor: Monetary Policy Decision
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015.
Growth in the global economy continued at a moderate pace in 2014. China's growth was in line with policymakers' objectives. The US economy continued to strengthen, but the euro area and Japanese economies were both weaker than expected. Forecasts for global growth in 2015 envisage continued moderate growth.
Commodity prices have continued to decline, in some cases sharply. The price of oil in particular has fallen significantly over the past few months. These trends appear to reflect a combination of lower growth in demand and, more importantly, significant increases in supply. The much lower levels of energy prices will act to strengthen global output and temporarily to lower CPI inflation rates.
Financial conditions are very accommodative globally, with long-term borrowing rates for several major sovereigns reaching new all-time lows over recent months. Some risk spreads have widened a little but overall financing costs for creditworthy borrowers remain remarkably low.
In Australia the available information suggests that growth is continuing at a below-trend pace, with domestic demand growth overall quite weak. As a result, the unemployment rate has gradually moved higher over the past year. The fall in energy prices can be expected to offer significant support to consumer spending, but at the same time the decline in the terms of trade is reducing income growth. Overall, the Bank's assessment is that output growth will probably remain a little below trend for somewhat longer, and the rate of unemployment peak a little higher, than earlier expected. The economy is likely to be operating with a degree of spare capacity for some time yet.
The CPI recorded the lowest increase for several years in 2014. This was affected by the sharp decline in oil prices at the end of the year and the removal of the price on carbon. Measures of underlying inflation also declined a little, to around 2¼ per cent over the year. With growth in labour costs subdued, it appears likely that inflation will remain consistent with the target over the next one to two years, even with a lower exchange rate.
Credit growth picked up to moderate rates in 2014, with stronger growth in lending to investors in housing assets. Dwelling prices have continued to rise strongly in Sydney, though trends have been more varied in a number of other cities over recent months. The Bank is working with other regulators to assess and contain economic risks that may arise from the housing market.
The Australian dollar has declined noticeably against a rising US dollar over recent months, though less so against a basket of currencies. It remains above most estimates of its fundamental value, particularly given the significant declines in key commodity prices. A lower exchange rate is likely to be needed to achieve balanced growth in the economy.
For the past year and a half, the cash rate has been stable, as the Board has taken time to assess the effects of the substantial easing in policy that had already been put in place and monitored developments in Australia and abroad. At today's meeting, taking into account the flow of recent information and updated forecasts, the Board judged that, on balance, a further reduction in the cash rate was appropriate. This action is expected to add some further support to demand, so as to foster sustainable growth and inflation outcomes consistent with the target.
Enquiries:
Media Office
Information Department
Reserve Bank of Australia
SYDNEY
Phone: +61 2 9551 9720
Fax: +61 2 9551 8033
E-mail: rbainfo@rba.gov.au
Monday, February 2, 2015
Sunday, February 1, 2015
WEF Davos 2015 Hub Culture Interview Robert Johnson of the Institute for New Economic Thinking
The elites are running scared.....
Weekend Chillout - Cheek to Cheek
Well this week saw out the month, and what a month it was. The Swiss lied and de-pegged, the ECB hit Ctrl-P and plucky silver for Aussie investors managed to regain all of 2014's losses. Basically heaven all round for precious metal investors.
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