This looks like an excellent tip on investing.
Thursday, March 27th, 2008Had a read of this this morning. It makes sense so I thought I would share it.
Ticker Classics: A Long Term Investment Timing Signal That Works
Archive for the ‘Latest Views’ Category
I know this is a technique… but I like it.
Sunday, March 16th, 2008One of my friends always tells me that push button art is boring. I find this methodology of taking any image and making it look like a model fascinating.
I may use this technique myself in an artwork. Simple and easy to do using photoshop.
Take a peek..
The Derivatives Time Bomb
Tuesday, March 11th, 2008Picked this one up on MarketWatch after a tip off from a friend… w o w!
Derivatives are the new ticking time bomb - MarketWatch
Data on the five-fold growth of derivatives to $516
trillion in five years comes from the most recent survey by the Bank of
International Settlements, the world’s clearinghouse for central banks
in Basel, Switzerland. The BIS is like the cashier’s window at a
racetrack or casino, where you’d place a bet or cash in chips, except
on a massive scale: BIS is where the U.S. settles trade imbalances with
Saudi Arabia for all that oil we guzzle and gives China IOUs for the
tainted drugs and lead-based toys we buy.
trillion in five years comes from the most recent survey by the Bank of
International Settlements, the world’s clearinghouse for central banks
in Basel, Switzerland. The BIS is like the cashier’s window at a
racetrack or casino, where you’d place a bet or cash in chips, except
on a massive scale: BIS is where the U.S. settles trade imbalances with
Saudi Arabia for all that oil we guzzle and gives China IOUs for the
tainted drugs and lead-based toys we buy.
To grasp how
significant this five-fold bubble increase is, let’s put that $516
trillion in the context of some other domestic and international
monetary data:
significant this five-fold bubble increase is, let’s put that $516
trillion in the context of some other domestic and international
monetary data:
-
U.S. annual gross domestic product is about $15 trillion
-
U.S. money supply is also about $15 trillion
-
Current proposed U.S. federal budget is $3 trillion
-
U.S. government’s maximum legal debt is $9 trillion
-
U.S. mutual fund companies manage about $12 trillion
-
World’s GDPs for all nations is approximately $50 trillion
-
Unfunded Social Security and Medicare benefits $50 trillion to $65 trillion
-
Total value of the world’s real estate is estimated at about $75 trillion
-
Total value of world’s stock and bond markets is more than $100 trillion
-
BIS valuation of world’s derivatives back in 2002 was about $100 trillion
-
BIS 2007 valuation of the world’s derivatives is now a whopping $516 trillion
Moreover, the folks at BIS tell me their estimate of $516 trillion only
includes “transactions in which a major private dealer (bank) is
involved on at least one side of the transaction,” but doesn’t include
private deals between two “non-reporting entities.” They did, however,
add that their reporting central banks estimate that the coverage of
the survey is around 95% on average.
includes “transactions in which a major private dealer (bank) is
involved on at least one side of the transaction,” but doesn’t include
private deals between two “non-reporting entities.” They did, however,
add that their reporting central banks estimate that the coverage of
the survey is around 95% on average.
Moron Gets A Wake Up Call
Thursday, March 6th, 2008
Crocodile attacks backpacker in Australia - Telegraph
Crocodile attacks backpacker in Australia
By Nick Squires in Sydney
Last Updated: 1:54am GMT 06/03/2008A backpacker in Australia got the fright of his life when a massive crocodile he was “teasing” suddenly exploded from the water and nearly sank its teeth into him.
Uncle Dirty
Wednesday, March 5th, 2008A true character…
uncle dirty
A few months ago I was sitting in my room trying to think of people that would make good photo stories. When the idea to cover the Uncle Dirty story struck me I felt like an idiot for not thinking of it earlier. He is actually my great uncle. At 86 years old he is still completely obsessed with body building. Although he stopped working out a few years ago, he still spends much of his time admiring the body that a lifetime of weight training has given him by taking digital photos and videos of himself in his various homemade thongs. Dirty was a legend on the muscle beaches of New York City in the ’40s and ’50s. He would wake up at the crack of dawn every day and lift weights before working long hours as a truck driver where he also did a lot of heavy lifting loading and unloading trucks. On days off he would rub himself down with iodine and hit the beaches in his thong.
Ummm…. inflation is happening worldwide…. Zimbabwe here we come!
Tuesday, March 4th, 2008
Well… its looking more and more like the whole world is going down the tubes economically:
March 4 (Bloomberg) — Australia’s central bank increased its benchmark interest rate for the second time in four weeks and said there are signs the highest borrowing costs in 12 years are prompting consumers and businesses to temper spending.Governor Glenn Stevens and his board raised the overnight cash rate target by a quarter point to 7.25 percent in Sydney today, following adjustments in February, November and August to stem the fastest inflation since 1991.
Bud Conrad From Casey Research Tells It Like It Is…
Sunday, March 2nd, 2008Excellent article on how bad it really is.
If you are still one of those running around with your fingers in your ears going “La la la la” then you might not want to read this.
He is on the money (scuse the pun) regarding many factors that are leading us into the dark ages of economic gloom.
I love this page for checking the world markets in a blink
Saturday, March 1st, 2008Its an excellent way to see what is happening at a glance.
If there is a sea of red from the day before you can get an idea of where its all going.
Billboard Liberation Front - Telling it like it is!
Saturday, March 1st, 2008Fiat money is losing its hold
Saturday, March 1st, 2008Fiat money is the stuff in your bank account, your pocket and attached to your credit vehicles.
It is about to get a nasty smackdown as the world is beginning to wake up to its lack of value.
You can see the writing on the wall by reading the entrails of the economic beast that has been slain.
Here below is a link to a post on MarketWatch.com.
The key element to keep in mind here is this:
“Gold posted a weekly gain of $27.20 from last Friday’s closing level of $947.80″
Where there is smoke there is fire.
For centuries precious metals have been considered the only true measure of value.
This ancient idea is becoming again respected.
Gold futures gain after hitting record high over $978 - MarketWatch