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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
Its not 45bln usd and 45bln gold
and thats yesterdays news no major impact so far!!!
I guess we know now why gold did not necessarily soar during the worst of the Greece crisis: the IMF was selling literally tones of gold. They confirm they sold 14.4 tons of the stuff in April..
Check this out this is pretty funny "Swarm of bees protest outside wall street as they blame capitalism for destroying their natural resources"
http://www.youtube.com/watch?v=eb6feF5pIvw&feature=player_embedded
maybe the bees were a sign leading us to who's making the real mess.......... :)
sounds reasonable
either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline, and poverty ... or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency."
Yes less sovereignty is key but anyway the hyperinflation scenario is unlikely.
With sovereignty plentitude it is as some philosopher said a bunch of 1000 idiots cannot catch up with 1 clever man idiots everywhere in politics
Calafia Beach Pundit shows how the U.S. has been experiencing both long-term inflation and deflation at the same time. Essentially, the cost of services has been rocketing higher, just as the cost of durable goods has been rocketing lower:http://www.businessinsider.com/the-us-is-faced-with-both-rocketing-inflation-and-deflation-at-the-same-time-2010-6#ixzz0peAjOiAo
The widening gap in this chart is a graphical representation of prosperity, where an hour's worth of labor buys more and more things. The difference between these two lines amounts to an increase in consumer purchasing power of a little over 100%, which in turn is solely due to a change in relative prices. The change in relative prices, in turn, is due primarily to the increased productivity of labor. The average worker today (and around the world) is able to produce far more than ever before with a given amount of work. In short, this chart is showing us just how much more valuable labor has become relative to things.
...
The next time you find out that repairing your watch or your computer or your pocket digital camera costs almost as much as buying a new one, remember this chart.
Some bemoan the fact that America has moved increasingly towards a service economy, but given the pricing trends above, perhaps things would be far worse right now if America hadn't learned to produce more 'hard goods' with less people. Americans would be earning less for their labor, since productivity would be lower, and buying less durable goods per dollar since the cost of hard goods would be higher.
Bilderberg Group - Towards Creation Of One World Company Ltd
The Bilderberg Group is an annual, invitation-only conference usually with more than 100 of the globe's most influential leaders, such as heads of state and business tycoons. It always is closed to the public and press, a privacy frequently ensured by armed agents.
The conference this year is scheduled June 3-6 in Sitges, Spain.
WND reported attendance at last year's event included U.S. Treasury Secretary Tim Geithner; Larry Summers, the director of the U.S. National Economic Council; Richard Holbrooke, the Obama administration's special representative for Afghanistan and Pakistan; World Bank President Robert Zoellick; European Central Bank President Jean-Claude Trichet and European Commission president Jose Manuel Barroso.
New invitees in 2009 reportedly included Google Chief Executive Officer Eric Schmidt. Henry Kissinger, a lynchpin of continuity with other secretive internationalist groups including the Council on Foreign Relations and the Trilateral Commission, is a regular attendee as is Wall Street Journal Editor Paul Gigot.
Former British cabinet minister Lord Denis Healey, one of the founders of the group, explained the purpose of the group to Jon Ronson of the Guardian.
"Those of us in Bilderberg felt we couldn't go on forever fighting one another for nothing and killing people and rendering millions homeless," he said. "So we felt that a single community throughout the world would be a good thing."
Estulin reported then his sources told him the main topic of the 2009 agenda was the world economy. He said his sources inside the group told him the movers and shakers would be discussing two options "either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline, and poverty ... or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency."
Estulin writes: "This parallel world remains unseen in the daily struggles of most of humanity, but, believe me, it is there: a cesspool of duplicity and lies and double-speak and innuendo and blackmail and bribery. It is a surreal world of double and triple agents, of changing loyalties, of professional psychotic assassins, brainwashed black ops agents, soldiers of fortune and mercenaries, whose primary sources of income are the dirtiest and most despicable government-run subversive missions - the kind that can never be exposed."
More Here.......http://www.wnd.com/index.php?fa=PAGE.view&pageId=156861
29 May 2010: Nepalese Prime Minister Madav Kumar Nepal
[Source www.dawn.com]
31 May 2010: German President Horst Koehler
[Source news.bbc.co.uk]
1 June 2010: Japanese Prime Minister Yukio Hatoyama
[Source www.reuters.com]
Deposed Kyrgyzstan President Bakiyev Leaves Country, Resigns
[link to www.novinite.com]
Brown resigns as UK prime minister
[Source www.nation.co.ke]
Italy's Prime Minister Resigns over Foreign Policy
[Source www.npr.org]
Chad Prime Minister Resigns -
05 Mar 2010 11:56:50 GMT
Source: Reuters
Belgian Prime Minister resigns
Thu, 22 Apr 2010 14:43:58 GMT
[Source www.presstv.ir]
Can i have your prediction for end June?