Have you watched the mainstream news lately, it would seem that the hurricane Irene rebuilding or recovery is no where to be seen. The U.S government controlled news networks don’t want you to know that the American government is broke and FEMA has no money to help the 100′000 of people affected by the natural disaster.
Archive for the ‘Economy’ Category
Computer Model of Irene’s Potential Impact Puts Estimated Damage at $4.7 Billion
Saturday, September 24th, 2011Jim Rogers “The Next Global Recession Will Be Worse Than 2008″
Friday, September 23rd, 2011It is just a matter of time before every market will start to test the 2008-2009 lows. Right now all governments around the world is just delaying the evitable.
Gold Drops, Takes A $64.90 Hit – Correcting A Bit?
Friday, September 23rd, 2011
Lucky I just switched my TD Precious Metal Fund over to TD Canadian Bond fund. I moved my TD Precious Metal Fund over when it closed at the NAV of $79.48 about a week or so ago and on the day gold drop $64.90 (Sept 22, 2011), the closing NAV on Sept 22nd of the TD Precious Metal Fund is $70.64. Wow, that is a drop of almost $9. One thing about precious metal mutual funds is that it moves in tandem with mainly the stock prices of gold mining companies, and it would seem that the gold mining companies also took a hit.
United States Debt Crisis Explained – When Will It Collapse “Nobody Knows”
Monday, September 19th, 2011
Here is a great video that explains in detail what a debt crisis is, and what the United States has been doing with debt the last 20-30 years. Shocking, no doubt to realize the the so called “wealthiest” nation on earth borrowed all its money and now cannot pay it back.
Dow Jones Industrial Average Crashes 303 Points Today – More Downside To Come, Recession Ahead?
Friday, September 9th, 2011
Looking at the charts of most U.S indexes over the last 2 weeks or so, it is clear that things are definitely volatile. The stock market have been bouncing up and down and having trouble breaking past previous ceiling. The markets are trading in a range right now.
Over 1,000 cows fed nuclear-contaminated feed shipped in Japan
Thursday, September 1st, 2011TOKYO | Wed Jul 20, 2011 9:00am EDT – Kyoto News Agency
More than 1,000 beef cattle that ate feed contaminated with radioactive cesium have been shipped all over Japan from Fukushima and other prefectures, Kyodo news agency reported Wednesday, adding to anxiety after the world’s worst nuclear crisis in 25 years.
The report comes a day after Tokyo ordered the suspension of all shipments of beef cattle from Fukushima prefecture after discovering that cattle fed rice straw contaminated with high levels of radioactive cesium had been shipped nationwide
Russia’s Rich Get Richer, While The Poor Get Poorer
Saturday, August 20th, 2011
Russian economic researchers has found that the richest slice of Russian society has doubled its wealth in the past 20 years, while almost two-thirds of the population is no better off and the poor are barely half as wealthy as they were when the Soviet Union fell, according to the research.
Here is the link to the full article:
http://taipeitimes.com/News/world/archives/2011/04/13/2003500648
Next Stop, Dow 8,200: Nasdaq 1750 – Futures Trader
Monday, August 15th, 2011If this future trader is betting that the Dow Jones Industrial Average is going towards near 2009 lows of 8200, then it should take the Nasdaq also down to near 2009 lows, which is around 1750 points. I would have to agree with this view and it might take several months to get to that level, however you never know sometimes with the market, so we will just have to wait and see.
