Midas Letter - 5 New Forces to Drive Gold Higher: "5 New Forces to Drive Gold Higher
By James West
Thursday, January 8, 2009"
Friday, January 09, 2009
Thursday, January 08, 2009
Tuesday, January 06, 2009
Sunday, January 04, 2009
Asia needs to fully wake up to the scale of the West's economic crisis - Telegraph
Asia needs to fully wake up to the scale of the West's economic crisis - Telegraph
The fall-out in Japan has already shattered the authority of premier Taro Aso. His approval rating has dropped to 21pc. The cabinet is in revolt. The world's second biggest economy no longer has a functioning government.
Credit Suisse warns that Japan could slide into deflation of minus 2pc by the autumn. Since interest rates are already near zero, which means that real rates will rise as the slump deepens – the surest path to a liquidity trap.
Kyohei Morita from Barclays Capital estimates that Japan's GDP shrank at an annual rate of 12.2pc in the fourth quarter. "It's shocking," he says. Singapore has already reported. Fourth-quarter GDP contracted at an 12.5pc annual rate.
Taiwan's exports fell 28pc in November. Shipments to China dropped 45pc. Korea's exports dropped 18pc in November and 17pc in December.
Financial Armageddon: Hard Times Call for Creative Solutions
Financial Armageddon: Hard Times Call for Creative Solutions
Most posts on Financial Armageddon are meant to raise awareness about what is really going on nowadays and what I believe lies ahead. Even so, I'm sure many visitors are also interested in learning what they can do to protect themselves. While a great deal of useful information can be found by reading through the blogs and other resources featured in the right hand column, I occasionally take the opportunity to highlight strategies and insights that could prove especially usefull to individuals (and families), investors, and businesses. etc
Most posts on Financial Armageddon are meant to raise awareness about what is really going on nowadays and what I believe lies ahead. Even so, I'm sure many visitors are also interested in learning what they can do to protect themselves. While a great deal of useful information can be found by reading through the blogs and other resources featured in the right hand column, I occasionally take the opportunity to highlight strategies and insights that could prove especially usefull to individuals (and families), investors, and businesses. etc
Carville predicts scandals to overshadow Democrats, Obama | Republican Liberty Caucus of Illinois
Carville predicts scandals to overshadow Democrats, Obama | Republican Liberty Caucus of Illinois
There are several burgeoning scandals right now in Democratic circles:
* Blagojevich is accused by federal prosecutors of conspiring to sell Barack Hussein Obama Jr.’s former Senate seat to the highest bidder.
* Former low-rated talk show host Al Franken is being accused of stealing an election — with the help of Obama’s ACORN organization — in Minnesota.
* Rep. Charlie Rangel (D-N.Y.) is alleged to have not paid his taxes.
* Former Rep. Rahm Emanuel, Obama’s White House chief of staff, is accused of shenanigans regarding his property taxes in Chicago.
* Obama himself was alleged in the U.K. press to have had an ongoing affair, which, just like the John Edwards scandal, has not yet been covered by the U.S. media.
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