Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
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Gold, oil & 44 Bars per Minute
“Girls love to spin.” — Wayne, Dance Instructor, Howard County Parks and Rec. I’m taking dance classes at the local Parks & Rec. with a stunning brunette, which is why I’m shuffling my feet around on Sunday nights at eight. The crowd is mixed; twenty-something hipster couples and old guys who have difficulty with their gig lines. The instructor is a cross between Wayne Newton and Telly Savalas: a black silk shirt, shaved head, and a nose like an organic potato. He sucks his microphone like a lollipop and spits out a steady stream of advice: “One, two, hook the toe, slide back, twirl…” Chick magnet The chicks love him, of course. And heck, I was even having a good time�— right up until Wayne Savalas swished over during the break. My H1 was in the parking lot. It’s shiny, yellow, and chews diesel like a Mongolian wrestler at a yak roast. Wayne obviously saw me pull up and feels he should enlighten me about his new Chevy Volt getting 60 miles per gallon… And why would I drive something that sucks up so much gas and destroys the environment? I told him that I was fully invested in oil explorers. And with the trouble in the Middle East launching my shares, I could drive a Semi for life… Brent Crude ETF (BNO) Yes, he said, but is this more of a trade on the Arab revolutions, or does it have more to do with the destruction of the dollar? Wayne pointed out that the dollar/euro has hit a four-month low and seems to be heading lower. Down she goes What is most concerning is that during this particular period of global uncertainty, the
Agreeable disagreement
Josh was inspired by posts from Zeke at Lucia’s and Judith Curry’s websites. Lucia’s post: Agreeing Judith’s post: Agreeing(?)
Truth in Stuttgart
Being primarily an artist, rather than a politician or an activist, I am committed to truth and beauty rather than a party-line or any given ideological doctrine. Yet, without my intending to do so, and in just a few sentences – I managed to cross every possible ‘red line’, and I bought myself a few more enemies. I also managed to infuriate some, by suggesting that I was against the comparisons between Israel and Nazi Germany. Indeed, I believe that from certain ideological perspective, Israel is actually far worse than Nazi Germany, for unlike Nazi Germany, Israel is a democracy and that implies that Israeli citizens are complicit in Israeli atrocities. I believe that solidarity with Palestine becomes a more meaningful event once we are brave enough to stand for the truth. Rather than fit ourselves into any given consensus or discourse, our duty is to present an alternative reality, whilst aiming at ethics and beauty. For Justice to prevail, truth must be told.
Go Inside the $56 Billion ‘Black’ Budget
The Pentagon dropped its $533 billion budget this week. Some line items get a thorough public debate — like stealth jet engines and soldier health care. Others have opaque names like “RETRACT MAPLE,†and are totally hush-hush. Welcome to the Defense Department’s classified, or black, budget. It appears to be about $56 billion, the same as last year, less some inflation.
David Icke Speaking in Los Angeles in 2011
David will be Speaking All-Day In Los Angeles on March 26th, 2011 at the Santa Monica Civic Auditorium Click here for details … ————————————————————- All-day events confirmed in Los Angeles (26th March 20…
Fury as David Cameron Apes Blair with £1m ‘Sofa Squad’ of Unelected Advisers
‘David Cameron was last night accused of snubbing his own Cabinet by reviving Tony Blair’s heavily-criticised policy of running No 10 by ‘sofa diplomacy’ with a new £1 million team of unelected advisers. The high-powered Downing Street recrui…
BBC4′s “Meet the Skepticsâ€
Lord Monckton is rather upset with the producers of this show, so much that he filed a legal action for a right of reply according to Bishop Hill. I was interviewed (captured really, they flagged me down in the conference … Continue reading →
Tonsillectomies cause kids to gain excess weight
(NaturalNews) When kids complain of sore throats and their tonsils appear infected, the condition known as tonsillitis, doctors are often quick to urge the surgical removal of these clumps of lymphatic tissue found on both sides of the throat. Tonsils …
The Met office and the BBC- caught cold
From the blog autonomous mind, a cold ill wind blows from Britain. At least this time, FOI requests weren’t quashed like they were with CRU. Below are excerpts. The photocopy of the email from the FOI request is telling. autonomous … Continue reading →
Pentagon official died after assault
John P. Wheeler III, a former Pentagon official and the first chairman of the Vietnam Veterans Memorial Fund, “died as a result of blunt force trauma after being assaulted,” the Delaware medical examiner’s office said Friday. A toxicology analysis also was done during the autopsy, but the results were not released. Police are still trying to determine who committed the crime.
