Tag: theory

How Gold Could Save America from Nazi Theory

Keynesian economics is the root of economic problems for most countries around the world today. So it’s important to understand both what Keynesian economics stands for and what the opposing brand of economic thinking called Classical economics maintains. In a nutshell… Classical Economics: Keynesian Economics: Thrift, hard work, and productivity are virtues. The classical gold standard restrains the state from inflating and provides a stable monetary environment in which the economy can flourish. Government should strive for balanced budgets and fiscal responsibility. The state should adopt a general policy of laissez-faire of non-interventionism in economic affairs: low taxes, free trade, and minimal bureaucracy. Production is more important than consumption. Say’s Law: Supply is more important than demand since supply of one good creates the demand for another. An increase in savings can contract income and reduce economic growth. Consumption is more important than production, thus turning Say’s Law upside down. There is no need for a gold standard; fiat currency is preferable. Demand is more important than supply. Teaches that governments and politicians can be trusted. It’s no wonder politicians love Keynesian economics over Classical economics. To control the economy, most governments around the world have been using Keynesian economics for the past 75 years. It is the only economic thought that is taught in the schools and universities. “They” want us to believe they are wise and intelligent souls who know what is best for us. But nothing could be further from the truth throughout most of economic history… Read this quote from Adolf Hitler, who openly embraced Keynesian ideas: Gold is not necessary. I have no interest in gold. We will build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration camp. That’s the bastion of money. The Nazis’ economic success when Hitler first came into power was a result of Hitler cooking the books. The rest of his time in power goes down in history as one of the worst atrocities in the history of mankind. Only two other twisted power-seeking devils in the annals of time are responsible for the killing of more people than Hitler &mdash…

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Quantitative System Picks ExxonMobil (XOM)

Filed in Bank Gold, commodities, ExxonMobil, o, shares by on February 10, 2011 0 Comments
Quantitative System Picks ExxonMobil (XOM)

Filed under: International Markets , Newsletters , Expedia Inc (EXPE) , Commodities , Oil , Stocks to Buy “On our proprietary Quadrix(R) rating system, ExxonMobil ( XOM ) has steadily advanced over the past year,” says Richard Moroney . The editor of Dow Theory Forecasts explains, “Out of a possible 100, the oil giant earns an Overall score of 96 — compared to just 51 in January 2010. As such, we rate the stock a long-term buy. “Meanwhile, the shares recently rallied to their highest level since January 2009 after Exxon said it earned $1.85 excluding special items in the December quarter, up 46% and $0.22 above the consensus estimate. Continue reading Quantitative System Picks ExxonMobil (XOM) Quantitative System Picks ExxonMobil (XOM) originally appeared on BloggingStocks on Thu, 10 Feb 2011 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Ventura Lawsuit: TSA Pat-Downs Classify as ‘Unlawful Sexual Abuse’

Filed in Cisco, EPS, Gold, o, target, Travelers, ubs by on January 25, 2011 0 Comments
Ventura Lawsuit: TSA Pat-Downs Classify as ‘Unlawful Sexual Abuse’

Aaron Dykes Infowars.com January 25, 2011 Former Minnesota Governor Jesse Ventura is suing the TSA and Homeland Security for humiliating and ‘offensive’ pat-down procedures he’s been subjected to during airport security checks that included ‘warrantless, non-suspicion-based offensive touching, gripping and rubbing of the genital and other sensitive areas of his body.’ Ventura, who had a hip replacement procedure in 2008, says he was unduly targeted due to his disability. His lawsuit , filed yesterday in Minnesota, claims the pat-downs violated his privacy, his 4th Amendment right and legally meet ‘the definition for an unlawful sexual assault’.” Alex Jones, who traveled with Ventura last September during the production of his “Conspiracy Theory” TV show over the course of multiple flights, witnessed the former governor being groped and inappropriately touched in a pat-down procedure that Ventura faces everytime he travels. “That’s why I want to leave the United States,” Ventura had told Jones at the time. “This is why I go down to Mexico– this is wrong.” But Jones says Ventura was even more upset everytime he witnessed some old man in a wheelchair harassed or manhandled by the TSA, without any basis for suspecting them. That’s when Ventura first revealed his thoughts of suing the TSA. In November, Ventura went on the Alex Jones Show and vowed never to fly commercially again until TSA reversed its policies. Part of Ventura’s suit includes a complaint about violations of the Americans with Disabilities Act , whereby he says TSA has unduly selected numerous disabled passengers for secondary screening and potential harassment without cause. Ventura, who travels frequently for his job hosting a TruTV program when he isn’t in Mexico, further commented that he would ‘no longer be forced by the TSA to prove he is not a criminal or terrorist.’ Ventura lamented on Jones’ program. “It probably means an end to my career,” referring to his difficulties with air travel. He’s not alone, as representatives from the travel, airline and tourism industry have already met with Big Sis to lobby DHS to back off of the enhanced pat-downs that caused a traveler backlash in the fall and what they say are more than 41 million travelers who ‘avoided’ flights and didn’t spend an estimated $9 billion in travel sales. (ARTICLE CONTINUES BELOW) Ventura’s attorney, David Olsen, told KSTP in Minnesota “The security procedures are going too far. There’s a line somewhere and he believes that line has been crossed.” Steve Wagstaffe, then D.A.-elect, now current D.A. of San Mateo County, California, stated in November 2010 that he and his deputies would be patrolling San Francisco International Airport for possible violations by TSA staff and would prosecute any employees engaged in “lewd and lascivious behavior” while conducting pat-downs. He further noted that groping of travelers’ genitals, even if backed by TSA policy, amounted to a felony offense. The TSA recently settled with an Amarillo, Texas woman whose breasts were exposed by TSA employees who then laughed at the matter. Stock up with Fresh Food that lasts with eFoodsDirect Jesse Ventura is reportedly working with the press from Mexico and should be appearing on the Alex Jones Show in the near future.

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Ventura Strikes Back with Lawsuit Against TSA

Filed in CBS, EPS, gld, Gold, lead, Lear, o, obama, Travelers, ubs, wal-mart by on January 25, 2011 0 Comments
Ventura Strikes Back with Lawsuit Against TSA

The Inside Story from Alex Jones About the Former Governor’s Humiliating Pat-Down Experiences that Included ‘Touching, Gripping & Rubbing of the Genitals’ at the Hands of TSA Alex Jones & Aaron Dykes Infowars.com January 25, 2011 Former Governor Jesse Ventura has taken steps to sue the TSA and the Department of Homeland Security in a lawsuit that will take on invasive airport pat-downs. Former Governor Jesse Ventura has taken steps to sue the TSA and the Department of Homeland Security , naming their chiefs John Pistole and ‘Big Sis’ Janet Napolitano in a lawsuit that will take on invasive airport pat-downs . Ventura first told Alex Jones of his intent to sue the TSA privately back in September while traveling for the making of TruTV’s “Conspiracy Theory,” expressing grave concern about what he viewed as his country’s transformation into East Germany. Jones recalls Ventura’s outrage at the TSA’s harassing old people in wheelchairs with the invasive new pat-down procedures. The former governor himself is routinely sent to secondary screening due to a hip replacement in 2008, and Jones witnessed him undergo repeated humiliating searches during pat-downs at the hands of TSA. Worse, at airports across the country, even those presenting medical cards describing special needs or equipment from a doctor are routinely ignored as TSA agents demand that medical patients remove urostomy bags , prosthetic breasts or that TSA be allowed to grope a pacemaker patients’ breasts . “That’s why I want to leave the United States,” Ventura then told Jones. “This is why I go down to Mexico– this is wrong.” Ventura indicated that he was most concerned about the destruction of the 4th Amendment and passing of the America he once knew. Ventura filed his lawsuit Monday, January 24, 2011 in Minnesota and news reports have named David Olsen as his lawyer. The former governor has indicated that his suit will include violations of the Americans with Disabilities Act and the 4th Amendment , arguing that he and others with disabilities have been discriminated against and …

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The New Leaders in Mobile

Filed in Apple, BP, Debt, Gold, GOld juniors, Google, lead, Motorola, o, revenue, shares, target by on January 18, 2011 0 Comments
The New Leaders in Mobile

Mobile is set for another big year in 2011, but the hierarchy of tech giants is shifting. A year ago, Android was just a promising upstart in the sector. RIMM was barely holding its own, while NOK and PALM/HP were struggling. Motorola was showing signs of life, as it looked like their bet on Android might pay off. Apple, of course, was undisputed king of smart devices. Fast forward to today, and this chart by Millennial Media says it all: They’ve got a ways to go yet, but Google is starting to run away with this one. Wildly profitable Apple shares are up more than 3500% over the last 10 years. As long as we’re cherry-picking dates, from September 1985 until today, AAPL shares notched up 18,885% gains. Mr. Jobs and his team have shown us just how profitable gadgets can be, but the stock’s run is getting long in the tooth. In July of 2010, I proposed Apple is at or near its peak for this cycle. I may have been a little early — I did mention that only a madman would short it — but I stand by the theory. Why? For years, AAPL had the only “fun” smart phone on the market. This is no longer the case. Android is a game-changer. In the long run, increased competition will compress margins and reduce Apple’s piece of the pie (yes, the pie itself is growing larger). No company stays Wall Street’s darling forever. Upside in AAPL…

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Jon Stewart on the Nanny State

I found this one over on the Lew Rockwell Blog . They hate the Nanny State as much as I do. It’s by our old friend Jon Stewart. These days his show is the closest thing to what used to be known as an “investigative journalism”. Comedian or not….this guy nails it time after time….after time. It’s a funny way to end the week… The Daily Show With Jon Stewart Mon – Thurs 11p / 10c San Francisco’s Happy Meal Ban www.thedailyshow.com Daily Show Full Episodes Political Humor & Satire Blog The Daily Show on Facebook The sad part is that it’s true. Have a great weekend. Related Articles: Jon Stewart’s Big Bank Theory Jon Stewart on the Foreclosure Fiasco Jon Stewart’s “Nightmare on Wall Street” Jon Stewart’s Poorhouse Jon Stewart On 40 Years of Broken Energy Promises Jon Stewart’s “Nightmare on Wall Street” To learn more about Wealth Daily click here Advertisement The Next Gold Mining Breakthrough This tiny gold company is about to rewrite the book on mining exploration… And they’re doing it just in time to catch the biggest gold bull market in a generation. Make over 10,800% as this Nevada mining company breaks all the rules… and all the records. Learn more here. Jon Stewart on the Nanny State originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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The 2011 Dogs of the Dow

Filed in boeing, BP, dividend, GOld juniors, Gold Market, o, outperform by on December 16, 2010 0 Comments

It’s time to buy into the Dogs of the Dow theory again… that time of year when investors buy the 10 Dow stocks with the highest dividend yields, cash out by the next year’s end, and repeating. And the theory in practice isn’t too shabby… Dogs of the Dow Track Record: In 1996, they were up 29%. In 1997, they were up 22%. In 1998, they ran up 11% And in 1999, they ran up another 4% In 2000, they were up 6.4%. In 2001, they were down 5% and down another 9% in 2002, both of which still outperformed the major indices in tough market times. And despite the bear market of 2000 to 2002, Dogs of the Dow raced 29% higher in 2003. By 2004, they ran up 4.4%, giving back 5% by 2005. By 2006, Dogs of the Dow ran up 30.3%. In 2007, the Dogs came in with flat returns. In 2008, they fell 38.8% as compared to the Dow’s 31.9% loss. In 2009, they flew 16.9% higher as compared to the Dow’s 22.7% rise. For 2010, so far the Dogs are up about 14% vs. a 10% rise in the Dow. Here’s the logic. The Dow holds 30 big, blue chips. When you buy these stocks with the highest yields, you’re buying the high quality companies that are out of favor on Wall Street… making them bargains. To profit well from the theory, invest in equal amount in each of the 10 stocks. The 2010 Dogs of the Dow included: AT&T Inc. (T) Verizon (VZ) DuPont (DD) Pfizer (PFE) Kraft Foods (KFT) Merck (MRK) Chevron (CVX) McDonald’s (MCD) Home Depot (HD) Boeing (BA) As for 2011, here’s the most likely list: AT&T (T) with a 5.84% yield Verizon (VZ) with a 5.72% yield Merck (MRK) with a 4.21% yield Pfizer (PFE) with a 4.19% yield Johnson & Johnson (JNJ) with a 3.49% yield DuPont (DD) with a 3.38% yield Intel (INTC) with a 3.35% yield Chevron (CVX) with a 3.26% yield And General Electric (GE) with a 3.18% yield Remember, if you play this theory, invest an equal amount in each of the Dogs. Best of luck. The 2011 Dogs of the Dow originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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Jon Stewart’s Big Bank Theory

Filed in ben bernanke, BP, GOld juniors, o, target by on December 8, 2010 1 Comment

Here’s the latest from funny man Jon Stewart. In it he once again destroys our old pal and printer extraordinaire– Ben Bernanke. The Daily Show With Jon Stewart Mon – Thurs 11p / 10c The Big Bank Theory www.thedailyshow.com Daily Show Full Episodes Political Humor The Daily Show on Facebook The sad part is that it’s all true and you have no idea how bad they are screwing you. Related Articles: Jon Stewart on the Foreclosure Fiasco Jon Stewart’s “Nightmare on Wall Street” Jon Stewart’s Poorhouse Jon Stewart On 40 Years of Broken Energy Promises Jon Stewart’s “Nightmare on Wall Street” To learn more about Wealth Daily click here Advertisement $1 Mining Company Takes Delivery of a $273 Billion Mineral Reserve This 500-square-mile chunk of land might be the most valuable property on Earth… And it just became the sole property of a tiny mining exploration company. To get the name and the story on this miraculous “country-making” stock… Click here. Jon Stewart’s Big Bank Theory originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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Abbott Labs (ABT): A Rich Pipeline in Pharma

Filed in Bank Gold, earnings, o by on December 1, 2010 0 Comments
Abbott Labs (ABT): A Rich Pipeline in Pharma

“Because major U.S. pharmaceutical companies face patent expirations on blockbuster drugs, consensus earnings expectations for the group are modest,” says Richard Moroney . The editor of Dow Theory Forecasts explains, “One exception is Abbott Laboratories ( ABT ); Wall Street expects to increase earnings at a 10% annual rate over the next five years. “Yet the market appears to discount that outlook, and the stock’s price/earnings-to-growth ratio (PEG) of 1.2 is well below its peers. Continue reading Abbott Labs (ABT): A Rich Pipeline in Pharma Abbott Labs (ABT): A Rich Pipeline in Pharma originally appeared on BloggingStocks on Wed, 01 Dec 2010 10:20:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Weekend: ASPO-USA Peak Oil Conference

Weekend: ASPO-USA Peak Oil Conference

Welcome to the Wealth Daily Weekend Edition — our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles. This weekend, the 6th annual Association for the Study of Peak Oil and Gas Conference will take place in Washington, D.C. Attendees will have the chance to rub elbows with respected peak oil experts and listen to a panel of international speakers who will discuss the complex socioeconomic and geopolitical impacts of peak oil on economies and the future of energy. Among the distinguished conference guests who will gather on Capitol Hill are former CIBC Chief Economist Jeff Rubin, former Secretary of Energy James Schlesinger, policy expert Ralph Nader, and climate and energy advocate Bianca Jagger. A host of peak oil scientists will be joined by U.S. Representative Roscoe Bartlett, and energy analysts, including Dr. Bob Hirsch, Dr. Roger Bezdek, and Charlie Maxwell. Advertisement I’ve Uncovered A Photograph that Could Hand You $36,950 by this Time Next Year… I don’t blame you if this sounds far-fetched… In fact, if I hadn’t met the man who traveled 1,400 miles to track me down — just to hand me a photo — I wouldn’t have believed it, either. But once you take a peek at the snapshot, as well as the three reasons it could make you rich, I have no doubt you’ll change your mind. This meeting will, no doubt, clear up any misunderstanding of peak oil — something I’ve written about several times over the last few weeks, as I am hell-bent on clearing up the general misunderstanding among my readers and the public about peak oil ( here , here , and here ). A conference such as this one should be a pre-requisite— a 101 class for the handful of anti-peak hacks that can’t tell the difference between easy-to-get-to and hard-to-get-to oil. Jim Cramer might find a conference like this worthwhile. He simultaneously doesn’t “subscribe” to the Peak Oil Theory (his own words), yet defines it at the same time: “We’re not running out of oil at all. We’re just running out of oil that is easy to find and easy to get at. There are vast reservoirs, vast, far more than we need for multiple years. It’s just not where we want it. So I don’t subscribe to Peak Oil theory. What I do subscribe to is the cost of oil is going to be so much higher that the cost of oil is never going to come back below $40 ever again.” It’s true that we have a couple trillion barrels here in the United States. There are 500 billion barrels in Orinoco tar sands, and another 170 billion in the Alberta tar sands. But no one ever …

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Average American Works 231 Days To Support Government With Taxes

Filed in gld, Gold, Gold Spot Market, inflation, obama, silver by on September 21, 2010 0 Comments

The Daily Reckoning Tuesday, September 21, 2010 Justifiably incensed and angry about all of this financial foolishness, I am on my way out the door to yell at the wife and kids for being such wanton wastrels, foolishly buying whatever it is that they are buying that is wasting all my money, when I happened to see that the real reason my money is disappearing is revealed in an editorial in The Washington Times: “We Can’t Afford This Government.” This was no doubt prompted by the announcement by Americans for Tax Reform that “the average American worked 231 days just to support government, which consumes 63.41 percent of national income.” Yow! The government consumes two-thirds of income! We’re freaking doomed! Even more horrifically, the cost of government is getting monstrously, exponentially, catastrophically higher, as, “Just two years ago, Cost of Government Day fell an astonishing 34 days earlier,” which is a tax increase of 17.3% in two years! And now the Obama administration wants to raise taxes even more! We’re freaking doomed! (ARTICLE CONTINUES BELOW) Having A Supply Of Healthy Foods That Last Just Makes Sense (AD) A lot of this is due to, as USA Today reported Aug. 10 and The Washington Times reminds us, that “federal pay and benefits per employee now average more than twice that of private workers: $123,049 compared to $61,051.” An interesting sidebar is that “Federal salaries outpaced inflation in the past decade by 33 percent.” Now, as angry as you get about the income disparity between the gilded public servants and their impoverished masters, it is worse than that because I notice that this gain of 33% by federal workers is only the part that was more than inflation, which was, according to the Bureau of Labor Statistics, 27%, meaning that federal salaries went up 60% in 10 years! Un-Freaking-Believable (UFB)! It’s surprising they only make double what we private-sector people make! Imagine how fabulously well these public employees would have done if they had invested their money according to the dictates of the Fab-U-Tastic Mogambo Portfolio Theory (FUTMPT) and

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Big Mac Index: What Burgers Say About Currency Valuations

Filed in Bank Gold, currencies by on August 31, 2010 0 Comments
Big Mac Index: What Burgers Say About Currency Valuations

Filed under: International Markets , China , Brazil , Russia , Newsletters , McDonald’s (MCD) , Mexico , Japan , Currency “For the 24th year running that the Economist magazine has published its famed Big Mac Index; this index is a tongue-and-cheek way of measuring the purchasing power parity (PPP) — that is, the relative overvaluation and undervaluation of the world’s currencies,” notes Nicholas Vardy . The editor of The Global Stock Investor explains, “What does the Big Mac now say about the relative value of global currencies? “According to the theory of purchasing power parity, a dollar should buy the same amount of the same good across all countries. By comparing the cost of Big Macs — a good that is produced in about 120 countries — the Big Mac Index calculates the exchange rate (the Big Mac PPP) that would result in hamburgers costing the same in America as they do abroad. Continue reading Big Mac Index: What Burgers Say About Currency Valuations Big Mac Index: What Burgers Say About Currency Valuations originally appeared on BloggingStocks on Tue, 31 Aug 2010 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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