Monday, September 17, 2012

Law of Unintended Consequences - Australian Stock Futures Rise on Fed Move

A World On The Verge Of War?


From ZeroHedge.com

Original source

Here is a summary of where the world stands:

  • Unable to reach a compromise over the weekend, South Africa is now in an all out labor strike, with the police again firing rubber bullets at miners with lethal escalation guaranteed
  • Japan "appropriating" China-contested islands provoking a firestorm of retaliation including demands for "war with Japan"
  • Netanyahu telling Meet the Press Iran will have a nuke in six-seven months and must be stopped beforehand
  • Warships from more than 25 countries, including the United States, Britain, France, Saudi Arabia and the UAE, launching a military exercise in the Straits of Hormuz
  • A third US aircraft - the CVN-74 Stennis - carrier is en route to Iran with an ETA of about 10 days

Reggie Middleton - Bernanke lied to the World about QE3 & Unemployment

Sep 16, 2012 by BoomBustBlog

Marc Faber – Most People Look At Markets, But Not Within Markets

Sept. 14 (Bloomberg) — Marc Faber, publisher of the Gloom, Boom & Doom report, talks about Federal Reserve policy and his investment strategy. Faber, speaking with Betty Liu on Bloomberg Television’s “In the Loop,” also discusses gold prices and the property market.

Egon von Greyerz - QE3 is a Catalyst for Gold

Egon von Greyerz discusses QE to infinity and its affects on Gold and the stock market. Listen to the KWN interview here

Listen to Egon live at the Gold Symposium in Sydney, Australia 22-23 October 2012. For the list of other speakers and Symposium details go here

Sunday, September 16, 2012

James Grant on Fed's New Policy Moves

Sep 15, 2012 by

James Grant, a respected financial historian, interest rate guru and Editor of Grant's Interest Rate Observer spoke with Consuelo this week and gave a scathing critique of the Fed's new policy moves.

South African police raid striking miners

Sep 15, 2012 by
 
South African police have fired rubber bullets and tear gas to disperse protesters at a platinum mine where 45 people were killed over a deadly wage dispute that erupted at the beginning of August. Saturday's show of force followed a government threat to halt illegal protests and disarm strikers who have stopped work at one gold and six platinum mines northwest of Johannesburg. The strikes have destabilised South Africa's critical mining sector. It was the first police action since 34 miners were killed on August 16 when security forces opened fire at the Marikana mine. About 500 officers raided hostels at Lonmin PLC platinum mine before dawn and confiscated homemade machetes, spears, knives and clubs, police spokesman Brigadier Thulani Ngubane said. Al Jazeera's Haru Mutasa reports from Marikana, South Africa.

Top 14 Reasons To Buy Silver

Silver the best investment of the decade - read this post

Sep 15, 2012 by

Gerald Celente on QE to Infinity

Sep 15, 2012 by

Keiser Report: Collateral Transformation

Sep 15, 2012 by

In this episode, Max Keiser and Stacy Herbert discuss Jamie Dimon's collateral transformation desk feeding the multitude of banksters with five quadrillion in infinitely leveraged toxic derivatives and two Treasury bills of a bankrupt nation. In the second half of the show, Max Keiser talks to Joshua Mellors of SocialJusticeFirst.com about financial suicides and the government and banking policies that cause it.