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  • Silver has Run Out, Now! Wednesday, August 20, 2008 @ 9:53PMThe following are some snippets from the most recent issue of the International Forecaster. For the full 24 page issue, please see subscription information below.
  • Ag Growth Announces Q2 2008 Results and Distribution Increase Wednesday, August 13, 2008 @ 9:00AM WINNIPEG, MANITOBA-- - Ag Growth Income Fund today reported its financial results for the three and six months ended June 30, 2008. In addition, the Fund announced today that the Board of Trustees has approved an increase in monthly distributions to $0.17 per unit, an increase of $0.03 per unit, commencing with the distribution payable on September 30, 2008, the record date for which will be ...
  • Ag Growth Announces Q2 2008 Results and Distribution Increase Wednesday, August 13, 2008 @ 9:00AM Ag Growth Income Fund today reported its financial results for the three and six months ended June 30, 2008. In addition, the Fund announced today that the Board of Trustees has approved an increase in monthly distributions to $0.17 per unit, an increase of $0.03 per unit, commencing with the distribution payable on September 30, 2008, the record date for which will be August 29, 2008.
  • MI Developments announces 2008 second quarter results and departure of CEO Friday, August 8, 2008 @ 6:15AM MI Developments Inc. today announced its results for the three and six months ended June 30, 2008. All figures are in U.S. dollars.
  • Two sue after National Bank of Kansas City stops funding mortgages Thursday, August 7, 2008 @ 11:37PMTwo Colorado men have sued the National Bank of Kansas City, seeking $6.3 million and additional punitive damages over a partnership gone awry.
  • Eveready Income Fund Announces 2008 Second Quarter Financial Results Thursday, August 7, 2008 @ 8:00AM EDMONTON, ALBERTA-- - Eveready Income Fund
  • Getting Closer to Debasing the Currency Thursday, August 7, 2008 @ 7:27AMOverstretched borrowers default on their obligations. Lenders, who have made unwise credit decisions, run up losses if they fail to collect interest and principal payments on credit extended. Luckily, all this leaves the physical supply of economic goods untouched.
  • Zimbabwe: Stock Exchange Shares Recover Thursday, August 7, 2008 @ 3:40AMZIMBABWE Stock Exchange shares rose the most in three days yesterday after fractional gains in heavyweight counters and other lightweights but volume remained thin.
  • Eurogas Announces Update on Restructuring Plan of Eurogas International Tuesday, August 5, 2008 @ 6:44PM Eurogas Corporation announces that, in connection with its previously announced dividend-in-kind to holders of Eurogas' common shares, it has, as at the close of business on August 5, 2008, deposited certificates representing 31,143,635 common shares of Eurogas International Inc. with Computershare Trust Company of Canada, as escrow agent.
  • Which inflation is it, anyway? Friday, August 1, 2008 @ 1:05PMThere is a debate building around inflation. The outcome of this debate will determine the direction of interest rates and credit creation. By extension many commodity prices, especially precious metals and energy, will get direction too.
  • Insignia Energy Ltd. (Formerly Flagship Energy Inc.) and Insignia Energy Inc. Complete Arrangement Thursday, July 31, 2008 @ 4:39PM CALGARY, ALBERTA-- - Insignia Energy Ltd. and Insignia Energy Inc. are pleased to announce that the previously announced plan of arrangement has been completed effective today. The shareholders of both companies have approved the Arrangement at their respective shareholder meetings on July 30, 2008 and all Court and regulatory approvals required to effect the Arrangement have been received.
  • Thar she blows: The last hurrah for the banking system Wednesday, July 30, 2008 @ 11:28AMThe Bush administration will be mailing out another batch of “stimulus” checks in the very near future. There’s no way around it. The Fed is in a pickle and can’t lower interest rates for fear that food and energy prices will shoot to the stratosphere.
  • Zimbabwe: Equities Market Volatile on Investor Uncertainty Monday, July 28, 2008 @ 9:38AMZIMBABWE Stock Exchange shares traded volatile last week, as investors consternated over economic future in face of the political talks.
  • Equities market volatile on investor uncertainty Sunday, July 27, 2008 @ 5:37PMZIMBABWE Stock Exchange shares traded volatile last week, as investors consternated over economic future in face of the political talks.
  • Ben Bernanke’s Hush Money Saturday, July 26, 2008 @ 3:08PMThe bailout of IndyMac’s depositors will probably deplete 10% of the FDIC’s reserves. Congress will back up the FDIC if the FDIC ever (1) runs out of T-bills to sell (2) to raise money (3) to pay off depositors of insolvent banks. But where will Congress get this money?
  • Inflation Deflation Red-flation Blue-flation Thursday, July 24, 2008 @ 9:10AMA debate has been raging for some time among those in the finance industry about whether the United States is currently experiencing inflation, deflation, stagflation, reflation, hyperinflation, or maybe even some other sort of "-flation" that only Dr. Seuss could imagine.
  • Starwood Reports Second Quarter 2008 Results Thursday, July 24, 2008 @ 6:28AMStarwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported second quarter 2008 financial results.
  • Husky Energy Reports Second Quarter and First Six Months Results For 2008 Wednesday, July 23, 2008 @ 5:21PM Husky Energy Inc. reported net earnings of $1.36 billion or $1.61 per share in the second quarter of 2008, an increase of 89 percent from $721 million or $0.85 per share in the same quarter of 2007.
  • The power of the Chinese credit card Tuesday, July 22, 2008 @ 6:17AMIf you think that lack of financing is the only thing holding China back from consuming, consuming, consuming like we Westerners do, then prepare for a shock.
  • The Power of the Chinese Credit Card Monday, July 21, 2008 @ 10:09PMIf you think that lack of financing is the only thing holding China back from consuming, consuming, consuming like we Westerners do, then prepare for a shock, as from atimes.com we get the report that "China's Shoppers Stock Up On Cards" by Catherine Jiang.
  • Cracks in the Monetary Facade Monday, July 21, 2008 @ 4:38PM*** Fundamental economic misallocation…the key to our financial woes…and more!
  • Cold Creek Capital Inc. Announces Amalgamation Agreement and Updates to Its Qualifying Transaction Wednesday, July 16, 2008 @ 7:04PM CALGARY, ALBERTA-- - Cold Creek Capital Inc. is pleased to announce that it has entered into an amalgamation agreement with Gaucho Exploration Ltd. . In addition, Cold Creek announces the following updates to its previously announced qualifying transaction with Gaucho .
  • Inflation? It is not oil prices or high salaries Friday, July 11, 2008 @ 5:35AMA common fallacy about inflation arises from a belief that prices are determined by costs.
  • Inflation? Not oil prices or high wages Friday, July 11, 2008 @ 5:35AMA common fallacy about inflation arises from a belief that prices are determined by costs.
  • The great international student rort Monday, July 7, 2008 @ 11:21PMYou can continue reading this article or make a comment by logging in, or registering for a free trial. Already subscribed or on a Free Trial? Simply login below.
  • International Forecaster July 2008 (#2) - Gold, Silver, Economy + More Sunday, July 6, 2008 @ 10:45PMThe following are some snippets from the most recent issue of the International Forecaster. For the full 25 page issue, please see subscription information below.
  • Market saved from a total collapse Sunday, July 6, 2008 @ 4:09PMKARACHI - PAKISTANI stocks last week witnessed the outflow of huge funds to other profitable outlets, notably gold and the US dollar as investors were near-mad in search of safe havens terribly worried over the creeping decline amid falling demand.
  • Winona Marine Art Museum to display historic money Thursday, July 3, 2008 @ 11:02AMDozens of examples of American currency from the past 230 years will be part of a new exhibit at the Minnesota Marine Art Museum in Winona, Minn.
  • 'Financial catastrophe looms': analyst Monday, June 30, 2008 @ 6:48PMThe Bank for International Settlements (BIS) says global markets may still be set for severe economic downturn.
  • MARKET SNAPSHOT: U.S. Stocks End June, Second Quarter Sharply Lower Monday, June 30, 2008 @ 5:12PMAfter a mixed session on Monday, U.S. stocks were still left with sharp losses for June and the second quarter, as surging crude oil prices and ailing financial firms continued to fuel broad concerns about the economy and profits.
  • U.S. stocks end June, second quarter sharply lower Monday, June 30, 2008 @ 5:08PM U.S. stocks get a lift as oil backs off a record above $143 a barrel, and as fund managers buy up high-performing stocks, along with defensive issues, to embellish their portfolios on the last day of the second quarter.
  • The Mexico Equity and Income Fund, Inc. Announces the Holdings of its Investment Portfolio and Expiration of its ... Monday, June 30, 2008 @ 11:09AMThe Mexico Equity and Income Fund, Inc. (the "Fund") (NYSE:MXE)(NYSE:MXEPR), announced today that the Fund's offer to repurchase from Preferred Stockholders up to 25% of the Fund's issued and outstanding shares of preferred stock (the "Preferred Shares") at 99% of the Fund's per share net asset value in exchange for portfolio securities of the Fund (the "Portfolio Securities") expired on Friday, ...
  • The Mexico Equity and Income Fund, Inc. Announces the Holdings of its Investment Portfolio and Expiration of its ... Monday, June 30, 2008 @ 10:50AM NEW YORK----The Mexico Equity and Income Fund, Inc. , announced today that the Fund’s offer to repurchase from Preferred Stockholders up to 25% of the Fund’s issued and outstanding shares of preferred stock at 99% of the Fund’s per share net asset value in exchange for portfolio securities of the Fund expired on Friday, June 27th, 2008 at 5:00 P.M., New York City Time .
  • Winona Marine Art Museum to display historic money Friday, June 27, 2008 @ 7:25AMDozens of examples of American currency from the past 230 years will be part of a new exhibit at the Minnesota Marine Art Museum in Winona, Minn.
  • The Crack Up Boom, Part III Thursday, June 26, 2008 @ 9:48AMIntroduction: At no time in my career have I seen greater opportunities for investors who are properly informed. The AVERAGE amount of M3 central bank money and credit creation is simply astonishing.
  • Is Your Cash at Risk Today? Monday, June 23, 2008 @ 7:00AM The origins of "cash" in modern accounting illuminate today's credit crisis.
  • The Korea Fund, Inc. Announces Settlement Date for Transfer of Securities in Connection With In-Kind Tender Offer Wednesday, June 18, 2008 @ 5:11PM NEW YORK, June 18, 2008 -- The Korea Fund, Inc. announced today that, the settlement date for the delivery of shares in accordance with its 15% in-kind tender offer will be June 23, 2008.
  • International Forecaster June 2008 (#4) - Gold, Silver, Economy + More Saturday, June 14, 2008 @ 5:42PMThe following are some snippets from the most recent issue of the International Forecaster. For the full 22 page issue, please see subscription information below.
  • Taking Money Back Friday, June 13, 2008 @ 4:15PMMoney is a crucial command post of any economy, and therefore of any society.
  • RPM Announces Redemption of Senior Convertible Notes and Eligibility for Conversion Based on RPM's Stock Price Friday, June 13, 2008 @ 8:00AM RPM International Inc. announced today that it has called for redemption all of its outstanding Senior Convertible Notes due May 13, 2033.
  • TOP Ships Reports First Quarter 2008 Financial Results Thursday, June 12, 2008 @ 7:35AM TOP Ships Inc. today announced its operating results for the first quarter ended March 31, 2008.
  • Persistent financial-sector woes combined with rising crude prices to send stocks spiraling Wednesday, June 11, 2008 @ 4:58PMAfter a few sessions of flat market activity, stocks gapped lower at the open today...( Read More )
  • The Crack Up Boom, Part II Wednesday, June 11, 2008 @ 3:27PMThe Crack up Boom series has returned due to the enormous amounts of money and credit creation required to save the G7 financial and banking systems. As I have outlined in recent letters, we are only in the second inning of a nine-inning ball game.
  • Federal Reserve and ECB are in no mood to save us from the consequences of our debt Sunday, June 8, 2008 @ 7:59PMFetch your tin helmets once again. The European Central Bank is opting for a monetary purge. So too is the US Federal Reserve, now ruled from Dallas.
  • Reasons to be cheerful? Well, at least the sun shone yesterday Thursday, June 5, 2008 @ 8:01PMThe economy is broken, social cohesion non-existent and Wandsworth nick is safer than Wandsworth Common: welcome to New Labour's Britain, says Jeff Randall.
  • Sino Fibre Completes Strategic Private Placement for Gross Proceeds of $212,483 Wednesday, June 4, 2008 @ 10:00AMNEW YORK and HONG KONG, June 4, 2008 (PRIME NEWSWIRE) -- Sino Fibre Communications, Inc. (OTCBB:SFBE), a broadband and value added Internet services provider in China, announced that it has completed a private placement of 685,428 units at a price of $0.31 per unit for gross proceeds of approximately $212,483, each unit consisting of one share of common stock of Sino Fibre and one share purchase ...
  • Sino Fibre Completes Strategic Private Placement for Gross Proceeds of $212,483 Wednesday, June 4, 2008 @ 10:00AM NEW YORK and HONG KONG, June 4, 2008 -- Sino Fibre Communications, Inc. , a broadband and value added Internet services provider in China, announced that it has completed a private placement of 685,428 units at a price of $0.31 per unit for gross proceeds of approximately $212,483, each unit consisting of one share of common stock of Sino Fibre and one share purchase warrant.
  • In business, there are lies, damned lies and the art of misspeaking Tuesday, June 3, 2008 @ 9:00PM"What is the chief end of man? - to get rich. In what way? - dishonestly if he can; honestly if he must." Mark Twain.
  • We will foot the bill for banks' excesses Tuesday, June 3, 2008 @ 3:57AMThe worst should have been over, but Bradford & Bingley's woes suggest there's more pain to come, says Tracy Corrigan.
  • A reply to Steve Saville - TMS or M3? Monday, June 2, 2008 @ 10:37AMThis week’s commentary is more technical than my usual letters but it is one I had to write -- sorry. One of the advantages of writing about ideas is that they sometimes elicit a response that helps further our understanding.