How the US government scams Treasury holders
The US government can’t possibly pay back its $14-trillion debt. Not fairly, at least. Instead, its strategy is to devalue the US dollar so that the nominal value of the $14-trillion debt becomes less in real terms.
Why You Should Not Buy Treasuries
If you can help it, don’t buy US Treasuries. The main reason is that you’ll lose real value by doing so.
Who is Herman Cain? An African-American Tea Party Candidate
Herman is probably the most interesting candidate so far for the 2012 Republican presidential nomination.
Buy gold on the dip as US Treasuries lose appeal
Gold’s decline last week provides a good opportunity for investors to buy on the dip.
Yen forecast: time to buy USD/JPY
The Japanese yen has been on a wild ride ever since the 2011 T?hoku earthquake. Now, as USD/JPY hovers around 80, it’s time to sell the yen (by buying USD/JPY), stated a Credit Agricole report.
Top 10 most valuable brands 2011: BrandZ
BrandZ has published its list of the most valuable global brands in 2011.
Housing double-dip 2011: Q1 decline worst since '08
The US housing market has continued its process of double-dipping in 2011.
Apple: A $153-Billion Brand Worth Fighting For
Apple now has the world’s most valuable corporate brand, valued at $153.3 billion, according to a BrandZ report. This puts the value of the brand at a little under half of the entire worth of Apple Inc’s $320-billion market capitalization.
How to short the euro? Sell EUR/SEK: Nomura
Jens Nordvig and his team at Nomura International Securities have shorted EUR/SEK in their model portfolio.
Did the silver bubble burst?
There are three reasons to believe that the silver bubble has burst with last week's tremendous 30-percent crash.
Gold and silver bounce back, rally likely intact
Gold and silver have rebounded on Monday after last week’s big drop. Gold is trading above $1,500 per ounce and silver recovered to $36 per ounce
Euro plunges after S&P downgrades Greece, debt crisis back in focus
It’s official. The euro currency is no longer immune to the euro zone peripheral debt crisis.
S&P Downgrades Greece to ‘B’
S&P downgraded Greece on Monday to ‘B’ on increased risks that Greece will have to restructure its sovereign debt. Furthermore, the ‘B’ rating has been put on negative watch.
Why did commodities crash in early May 2011?
Commodities plunged across the board last week. As a broad asset class, it hasn't dropped like that for quite some time.
Who is Jon Huntsman? The Story of a Missionary Turned Ambassador
Most people know Jon Huntsman, Jr. as a possible Republican candidate for the 2012 presidential race and the former ambassador to China.
Why the Lakers Can Come Back Against the Mavericks
The Lakers are down a shocking 0-3 against the Mavericks. No expert – even the biggest Lakers skeptics or Mavericks believers – had predicted this. They are now staring at elimination (or even a sweep).
AT&T data cap: 8 questions it needs to answer
AT&T’s data cap has been in effect for a week and public interest groups are asking questions.
Asian leopard attacks 1st grader in Kansas
An Asian leopard attacked a 1st grader on Friday in a Wichita, Kansas zoo, reported CNN.
Silver proves financialization of commodities, dominates market in past week
Before this past week, the COT report and the high correlation among unrelated commodities already point to the financialization of commodities as a financial asset class.
USD/JPY at 80 -- time to buy?
USD/JPY is trading at 80 again, which begs the question of whether or not it’s time to buy the pair.
Non-farm payrolls gains above 200K -- does the healing now begin?
Economists have varying estimates as to what levels of non-farm payrolls gains it takes to heal the jobs market. Their number is usually between 100,000 and 200,000 per month.
UPDATE: Greece officials deny report they seek to exit euro
Burdened with harsh austerity measures, Greece is considering leaving the euro, unnamed Germany government officials told Germany publication SPIEGEL ONLINE.
Why You Should be Skeptical About Economic Forecasts
Economic forecasts are rarely correct, whether it’s the consensus forecast or forecasts by individuals. Moreover, they’re often the product of simple arithmetic calculations.
Non-farm payroll jumps by 244,000, shows stabilization
Non-farm payroll jumped by 244,000 for the month of April, reported the Bureau of Labor Statistics (BLS).
Pakistan knew of Osama raid, denies to avoid backlash: Global Post
Pakistan knew of the US Navy SEALs raid on Osama bin Laden’s compound, unnamed Pakistani officials told the Global Post.
‘Deathers’: Saddam Hussein’s images weren’t graphic?
‘Deathers’ are questioning the validity of Osama bin Laden’s death at the hands of US Navy SEALs on May 1, 2011.
Osama bin Laden dead pictures: 9/11 victims’ families want them
Several families of 9/11 victims have come out in support of releasing Osama bin Laden’s dead pictures.
Osama bin Laden dead pictures shouldn’t be released
Osama bin Laden’s dead pictures shouldn’t be released because it’ll incite violence and be used as a recruitment tool by al-Qaeda.
How did Osama resist capture without being armed?
US officials initially said the Navy SEALs team who killed Osama bin Laden did so because he resisted capture. They also said bin Laden did not surrender when offered the opportunity to do so. However, later accounts admitted that bin Laden wasn’t armed.
Osama bin Laden compound risks becoming a shrine
Osama bin Laden may get his shrine after all as visitors flock to his compound.