Fractional Currency News
- Should Iceland repay bank's debts? Saturday, March 6, 2010 @ 5:51AMIcelanders are voting on whether to repay debts from the failed bank. How would you vote?
- Stamps & Coins: It glitters; it's gold – but not a good deal Friday, March 5, 2010 @ 6:06PMMaybe it's the snow in 49 states that's gotten people to look through their collectibles and wonder about value. Time to answer a few reader questions.
- Profit from the Euro-Crash Friday, March 5, 2010 @ 10:28AMA Skype window opens on my computer screen. I see Doug on his ranch in New Zealand. He looks serious. Doug : Lobo, there's a Greek fire burning in the Eurozone, and people should take immediate action, or they're going to get burned.
- More Economy Pages Tuesday, March 2, 2010 @ 4:53PMWill the Fed Nix Inflation in Time? Abstract: A mountain of excess bank reserves, now totaling more than $1 trillion, presents a real risk of rapid inflation if it is released too quickly into credit markets.
- Olive: Warren Buffett doesn't practise what he preaches Tuesday, March 2, 2010 @ 9:45AMWere it not for his folksy charm, Warren Buffett would long ago have been called out for following own rules when it suits him.
- Berkshire afflicted with conglomerate disease Tuesday, March 2, 2010 @ 4:46AMWere it not for his folksy charm, Warren Buffett would long ago have been called out for failing to practise what he preaches.
- Blether with Brian Monday, March 1, 2010 @ 7:50AMAre changes on the way for Scottish education?
- Direxion Shares Announces Reverse Share Split of ETF Friday, February 26, 2010 @ 11:00AMDirexion , a pioneer in providing alternative and tactically-oriented investment strategies to sophisticated investors, announced today that it will execute a 1-for-10 reverse split of the shares of Direxion Daily Emerging Markets Bear 3x Shares ETF
- Sultans of Swap: Explaining $605 Trillion of Derivatives! Thursday, February 25, 2010 @ 11:30AMEvery parent has had that moment when their child asks them the simplest sounding question but in that instance before you respond, you realize you have never really thought about it and actually don’t know the real truth.
- EANS-General Meeting: Henkel AG & Co. KGaA / Notice of Convocation of the 2010 Annual General Meeting and the 2010 ... Thursday, February 25, 2010 @ 9:13AMThis English text is a translation for information only. The original German text ...
- Revlon Reports 2009 Results Thursday, February 25, 2010 @ 7:39AMNEW YORK----Revlon, Inc. today announced results for the year and the fourth quarter ended December 31, 2009.
- IESI-BFC Ltd. Announces Strong Results for the Three Months and Year Ended December 31, 2009 Tuesday, February 23, 2010 @ 5:19PMTORONTO, ONTARIO--(Marketwire - Feb. 23, 2010) - IESI-BFC Ltd. (the "Company") (TSX:BIN)(NYSE:BIN) reported financial results for the three months and year ended December 31, 2009. (
- IESI-BFC Ltd. Announces Strong Results for the Three Months and Year Ended December 31, 2009 Tuesday, February 23, 2010 @ 5:13PMTORONTO, ONTARIO--(Marketwire - 02/23/10) - IESI-BFC Ltd. (the "Company") (TSX: BIN - News )(NYSE: BIN - News ) reported financial results for the three months and year ended December 31, 2009. (All amounts are in United States ("U.S.") dollars, unless otherwise stated) Management Commentary For the quarter Revenue totalled $262.5 million in the quarter compared with $243.6 million in the year ...
- Over-Arching Sovereign Debt Crisis Tuesday, February 23, 2010 @ 3:13PMNeither the US financial press nor the US bank leaders take the sovereign debt crisis seriously. Even the USCongress seems totally unaware of the growing global intolerance for government debt out of control.
- The Daily Bell Interviews Lew Rockwell Tuesday, February 23, 2010 @ 9:43AMWithout donors, faculty, students, collaborators, distribution media, and the division of labor, we are all just isolated scribblers. That has always been true, for the ancient world and today.
- Curing the Addiction and Acquiring some Patience Monday, February 22, 2010 @ 2:30PMGold Bugs have a die-hard sense of expectation that is akin to waiting for the Toronto Maple Leafs to win the Stanley Cup (NHL championship).
- More Economy Pages Monday, February 22, 2010 @ 10:23AMIs the Inflation Threat Real? Is It Imminent? Abstract: The Federal Reserve's actions to stabilize financial markets and the U.S. economy during the recent credit crisis created a mountain of excess reserves owned by banks and held at the Fed. If released into the economy too quickly, these excess reserves would trigger a burst of inflation forcing the Fed to raise the Fed funds rate quickly and ...
- THE RUPEE: all-round gain Thursday, February 18, 2010 @ 6:51PMKARACHI (February 19 2010): Bulls dominated the money market on Thursday as the rupee recovered against dollar and euro, dealers said. The rupee maintained its upward at 84.90 and 84.94trend against dollar, gaining two paisa for buying and selling, they said.
- PPG Industries Inc. Reports Operating Results (10-K) Thursday, February 18, 2010 @ 12:33PMBy 10qk. PPG Industries Inc. ( PPG ) filed Annual Report for the period ended 2009-12-31. Read more » »
- TOR Minerals International, Inc. Announces 1-for-5 Reverse Stock Split Thursday, February 18, 2010 @ 10:59AMTOR Minerals International, Inc. announced today that it will effect a one-for-five reverse stock split of the Company's common stock effective on February 19, 2010. Trading of the Company's common stock on the NASDAQ Global Market on a split-adjusted basis will begin at the open of trading on February 19, 2010.
- The Dangers of Monetary Reform Thursday, February 18, 2010 @ 10:12AMThe current, Fed-driven, fiat-money system is on the verge of collapse. But however bad the current system is, a new system won't necessarily be better. The money cranks, too, have been unleashed.
- Coonin’, on a Sunday Afternoon Wednesday, February 17, 2010 @ 11:21AMPaul Mooney said it best in “Why We Laugh: Black comedians on Black comedy”: “They know what they’re doing… It takes practice to coon.” And the practice of cooning occurs across the board in America. Politicians coon -just ask Michael “You aren’t going to blow my high, baby” Steele. Entertainers coon – ask way too many comedians. [...]
- Are US Taxpayers Bailing Out Greece? Tuesday, February 16, 2010 @ 2:13PMLast week we were reminded that ours is not the only country suffering from severe economic turmoil. The Greek government is the latest to come close to default on their massive public debt. Greece has insufficient funds in their treasury to make even the minimum payments that are now coming due.
- The Bailout of Greece and the End of the Euro Thursday, February 11, 2010 @ 8:24AMToday the question is, will Greece be bailed out by the rest of the EU countries? The officials of the weaker countries tend to emphasize the solidarity of the union, while the stronger countries make it clear that there will be no bailout.
- Carmine Villani: Our complicated monetary system Thursday, February 11, 2010 @ 2:07AMThe only backing for today's currency is trust. The Federal Reserve Act was born in 1910 on Jekyll Island in Georgia, at a resort owned by JP Morgan, in a secret meeting to protect the participants and prevent Congress from opposing the passage of the bill. What is The Federal Reserve Act? It created a central bank, modeled after the bank of England. It is a banking cartel, it relies on the ...
- Beginning of the End Tuesday, February 9, 2010 @ 8:32AMBy Daily Reckoning. Could the commodity and equity rallies have ended? Has a change been triggered by a resurgent dollar, meaning its purportedly strong negative correlation with gold and commodities continues to drive the process? But if so, would this also not signal the end of the reflation and carry trades? Read more » »
- Modern World Economy is Built on a Foundation of Unsound Money Sunday, February 7, 2010 @ 6:24PMNow just because Ben Bernanke and the global cabal of counterfeiters don't want something to happen doesn't mean it won't happen anyway. The deflating of the reflated asset bubble is going to happen sooner or later. The world's massive inverse pyramid of debt is supported by a very small asset base.
- Stephanomics Thursday, February 4, 2010 @ 8:53AMWhat does the Bank have to show for its £200bn?
- Starwood Reports Fourth Quarter 2009 Results Thursday, February 4, 2010 @ 6:00AMWHITE PLAINS, N.Y.----Starwood Hotels & Resorts Worldwide, Inc. today reported fourth quarter 2009 financial results.
- Leading Brands, Inc. Announces Completion of Common Share Reverse Split Tuesday, February 2, 2010 @ 8:30AMVANCOUVER, British Columbia -- Leading Brands, Inc. , North America’s only fully integrated healthy branded beverage company, announces that its previously announced 5-for-1 reverse split of its common shares became effective at 5:00 pm Eastern time on February 1, 2010 . Leading Brands common shares have been assigned a new CUSIP number: 52170U 207. Fractional shares were rounded to the nearest ...
- The Fed as Giant Counterfeiter Monday, February 1, 2010 @ 9:10AMOnce you understand the details of modern central banking, you are able to step back and see that it truly is a way for the government to use the printing press to pay its bills.
- By the Way, Free Markets Are Free Friday, January 29, 2010 @ 9:51AMA free economy is one that is — how to say this? — free. It is free of cronyism, favoritism, handout-ism, protectionism, or anything else that amounts to using the state as a means of living at the expense of others.
- Gold Outlook for 2010 Turns from Grey to Lighter Shade of Brown Thursday, January 28, 2010 @ 3:00PMThe outcome of the race for the U.S. Senate in Massachusetts has made our 2010 outlook for gold turn from grey to Brown. Grey is simply a mix of black and white, something between the two extreme “either-or” outcomes.
- Jay Hancock's Blog: Soros says gold is the "ultimate bubble" Thursday, January 28, 2010 @ 12:03PMCurrency-trade billionaire and Open Society Institute benefactor George Soros tells Davos Man that gold is due for a fall. "When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment," he told the World Economic Forum in Switzerland, according to The Telegraph . "The ultimate asset bubble is gold."
- UK shares with a global twist Thursday, January 28, 2010 @ 2:40AMMany fund managers are turning to UK shares with global exposure to beat Britain's gloomy outlook.
- Robert Peston Friday, January 22, 2010 @ 7:47AMWhat President Obama's bank reforms really mean
- Peter Crabb: Idaho legislator's proposal to abolish Fed wouldn't solve currency problems Thursday, January 21, 2010 @ 5:38PMYou can hear the voices shouting, “drop the anchor and secure the vessel” But
- Pacific Rubiales Announces Successful Completion of the First Phase of Early Warrant Exercise Transaction for Gross ... Thursday, January 21, 2010 @ 4:00PMPacific Rubiales Energy Corp. announced today the successful completion of the first phase of the early warrant exercise transaction commenced on December 14, 2009. As of 5:00 p.m on January 20, 2010 , a total of 43,297,309 warrants have been exercised, representing a 97.8% take up rate, for gross proceeds of approximately $273 million to the company.
- Inflation: Distorting the Economy Monday, January 18, 2010 @ 11:24PMIn fact, inflation acts as a poison for retired people since they are no longer able to earn more money in order to maintain their standard of living.
- No Double Dipping...Yet Monday, January 18, 2010 @ 11:30AMThis weeks letter is abbreviated since most things were mentioned in the update to subscribers, and quite frankly that long update burnt me out. To be sure the major indices are still a buy, but there is more and more talk that a double-dip recession coming soon and I agree.
- Congressman Parker Griffith gets welcome from Republican delegation as 111th Congress reconvenes Saturday, January 16, 2010 @ 9:35AMCongressman Parker Griffith, a newly-minted Republican, gets a warm welcome in the 111th Congress from his fellow Alabama Republicans in the U.S. Capitol. But some local Republicans still don't trust his switch from the Democratic Party to the Republican Party.
- Inflation 101 Friday, January 15, 2010 @ 2:15PMWe want all our readers to understand that inflation is a disaster for society and it only benefits the elite. In fact, we will go even further by stating that inflation is a hidden tax, an insidious crime against the public.
- AG Industrial Sector Will Grow Considerably In 2010: Stimulus Plans To Take Affect Globally Friday, January 15, 2010 @ 11:09AM67 WALL STREET, New York - January 15, 2010 - The Wall Street Transcript has just published its Industrial Equipment, Robotics & Advanced Automation Report offering a timely review of the sector to serious investors and industry executives. This 35 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full ...
- 2010 Outlook: When Hope Turns to Fear, PART I Thursday, January 14, 2010 @ 11:58PMThe world is falling into what ultimately will be an inflationary depression. This will cause the death or near death of the world’s principle reserve currencies: US Dollar, UK Pounds, Euros, Swiss Francs and Yen, and it is unfolding.
- South Africa can offer good hope to property investors Saturday, January 9, 2010 @ 7:25PMThis could be the year of South Africa. The rainbow nation has managed to steer a steady course through the economic turmoil of the past two years and its economy is growing again.
- Businessman indicted in investment scheme Friday, January 8, 2010 @ 12:59AMHendersonville man has ties to Al Gore, Titans coach Jeff Fisher and former congressman Bob Clement More
- Businessman indicted in investment yacht scheme Thursday, January 7, 2010 @ 3:33PMHendersonville man has ties to Al Gore, Titans coach Jeff Fisher and former congressman Bob Clement More
- 2nd UPDATE:Berkshire Rebuke Raises Risks For Kraft In Cadbury Bid Tuesday, January 5, 2010 @ 2:03PM(Updates with Cadbury comment and Kraft share price.) Kraft Foods Inc. (KFT), already fighting a hostile takeover battle, faces fresh challenges as its ambition to win Cadbury PLC (CBY) has brought it head to head with its largest shareholder: Warren Buffett's Berkshire Hathaway Inc. ( BRKA, BRKB).
- Bookies' odds make way for decimalised age Tuesday, January 5, 2010 @ 1:17PMSo farewell then, Burlington Bertie. It’s a pity to see you go, but it seems the young people just don’t think your way any more. As one of the quaintest examples of the bookmaker’s idiom, “Burlington Bertie” is under threat. It is the “tic-tac” code for odds of 100-30 – the sort of fraction set to disappear as a result of new proposals to broaden the appeal of horseracing.
- Bookies' odds enter the decimalised age Tuesday, January 5, 2010 @ 1:05PMSo farewell then, Burlington Bertie. It’s a pity to see you go, but it seems the young people just don’t think your way any more. As one of the quaintest examples of the bookmaker’s idiom, “Burlington Bertie” is under threat. It is the “tic-tac” code for odds of 100-30 – the sort of fraction set to disappear as a result of new proposals to broaden the appeal of horseracing.