US Government Busted For Using Pirated Software To Manage Army Troop Movements

When the US government said the sequester would cripple its ability to single-handedly rule over the world, it wasn’t kidding. Either that, or Joe Biden’s Joint Strategic Plan to “curb” copyright infringement was just a case of very confused humor by t… [...]

"James Bond’s" Predictions for 2014…and Beyond

By: Chris Tell at http://capitalistexploits.at/ I first met Joe in Mongolia last year. He is one of the most fascinating men I’ve had the pleasure of meeting. A spook from the cold war with stories that would not be out of place in any spy novel. Trut… [...]

The Most Rapidly Depreciating Currency In The World

Submitted by Simon Black of Sovereign Man blog, Do you remember the days when travel used to be glamorous and sexy? The mere prospect of getting on an airplane was tremendously exciting. Friends and family would come with you to the gate to see you off… [...]

Yen Carry Lifts Risk Around The Globe In Quiet Overnight Trade

In a carry-trade driven world in which news and fundamentals no longer matter, the only relevant “variable” is whether the JPY is down (check) and the EUR is up (check) which always results in green equities around the globe and green futures in the US… [...]

The Punch Line: The Complete Macroeconomic Summary And All The Chart To Go With It

From Abe Gulkowitz’ The Punch Line Meager Growth but the Market Roars… An interim deal on Iran’s nuclear program pushed oil prices lower and sent global equities higher as investors’ risk appetite rose on an easing of some Middle East tensions. A… [...]

"We’ve Been Conditioned Over The Years To Trust Paper Money"

Today’s AM fix was USD 1,231.75, EUR 911.60 and GBP 760.57 per ounce.Friday’s AM fix was USD 1,241.75, EUR 918.59 and GBP 766.75 per ounce Download our eBook: 10 Important Points To Consider Before You Buy Gold Gold remained unchanged Friday, closi… [...]

BoE Survey Shows Growing Fears Of House Price Crash

Today’s AM fix was USD 1,271.50, EUR 939.69 and GBP 787.11 per ounce.Yesterday’s AM fix was USD 1,272.25, EUR 942.13 and GBP 790.12 per ounce. Gold fell $0.30 or 0.02% yesterday, closing at $1,273.40/oz. Silver slipped $0.09 or 0.44% closing at $20… [...]

BoE Survey Shows Growing Fears Of House Price Crash

Today’s AM fix was USD 1,271.50, EUR 939.69 and GBP 787.11 per ounce.Yesterday’s AM fix was USD 1,272.25, EUR 942.13 and GBP 790.12 per ounce. Gold fell $0.30 or 0.02% yesterday, closing at $1,273.40/oz. Silver slipped $0.09 or 0.44% closing at $20… [...]

Two Dozen Killed In Iranian Embassy Bombing In Beirut, Iran Accuses Israel Of Orchestrating Attack

When all else fails, and/or when the president is caught in yet another major scandal, there is only one way out: war. As many expected, but as nobody knew what shape the latest provocation would take, overnight at least 23 were killed and dozens hurt … [...]

Frontrunning: November 18

What can possibly go wrong: Tepco Successfully Removes First Nuclear Fuel Rods at Fukushima (BBG) Japan’s Banks Find It Hard to Lend Easy Money (WSJ) U.S. Military Eyes Cut to Pay, Benefits (WSJ) Airbus to Boeing Cash In on Desert Outpost Made Field o… [...]