Originally Posted by RagewiththeBull Peter Schiff: Congress Sells America Down the River to Avoid the Fiscal Cliff http://investmentwatchblog.com/peter...-fiscal-cliff/
Originally Posted by RagewiththeBull Great Article that makes cents! (sense) pardon the pun! Mass Inflation Ahead -- Save Your Nickels! By James Wesley, Rawles -- Editor of www.SurvivalBlog.com Updated, November 29, 2012 I've often mused about how fun it would be to have a time machine and travel back to the early 1960s, and go on a pre-inflation shopping spree. In that era, most used cars were less than $800, and a new-in-the box Colt .45 Automatic sold for $60. In particular, it would be great to go back and get a huge pile of rolls of then-circulating US silver dimes, quarters, and half dollars at face value. (With silver presently around $30 per ounce, the US 90% silver (1964 and earlier) coinage is selling wholesale at 22 times face value--that is $22,000 for a $1,000 face value bag.) The disappearance of 90% silver coins from circulation in the US in the mid-1960s beautifully illustrated Gresham's Law: "Bad Money Drives ...
Originally Posted by RagewiththeBull Despite all the Qe's and who wins elections. Economist talk growth in 2013 and whether or not a double dip. http://finance.yahoo.com/blogs/break...164734827.html
Originally Posted by RagewiththeBull Apple sells out of iPhone 5; sales top 5 million (Reuters) - Apple Inc sold out of its latest smartphone, with more than 5 million iPhone 5 sold in the three days since it hit stores, the company said on Monday. The early total blasted past sales of the iPhone 4S, which sold more than 4 million units in its first weekend after Apple introduced it in October 2011. Apple said while the majority of iPhone 5 pre-orders have been shipped to customers, many were scheduled to go out in October. "While we have sold out of our initial supply, stores continue to receive iPhone 5 shipments regularly and customers can continue to order online and receive an estimated delivery date," Apple Chief Executive Tim Cook said in a statement. Apple signaled last week that pre-orders outstripped initial supply and that many phones would not be available until October. http://finance.yahoo.com/news/apple-...124518223.html
Originally Posted by RagewiththeBull Good interview with Doug Casey with the daily bell see link below. Doug Casey on the 'Worsening Storm,' QE3 and the Hard Assets Alliance Sunday, August 26, 2012 – with Anthony Wile The Daily Bell is pleased to present this exclusive interview with Doug Casey (left). Introduction: Doug Casey has appeared on hundreds of radio and TV shows and has been the subject of articles in People, US, Time, Forbes, The Washington Post and numerous other publications. For nearly three decades, Doug Casey and his team have been correctly predicting major budding trends in the overall economy and commodity markets. Daily Bell: Welcome, Doug. Give us an update on what you call the "Greater Depression." Doug Casey: A depression is a period of time when most people's standard of living drops significantly. I think we can argue that this one really started in 2008. For the last couple of years, by printing up trillions of currency ...
Originally Posted by RagewiththeBull Some of us in chat have been talking about Bitcoin for the last 6 months, since then we have seen an almost 100% increase. I think we will continue to see a test of it's all time high of 30 based on the geo political factors mentioned in the below article. Bitcoin closed over 9.10 today. If you are new to Bitcoin, you might want to educate yourselves at this time with the below links provided. http://www.youtube.com/watch?v=yYTqv...layer_embedded Alternative Currencies Rise as the Eurozone Crisis Worsens The advantages of non-political innovations and cryptocurrencies Matthew Feeney | July 6, 2012 READ FULL ARTICLE CLICK HERE Bitcoin Charts - Click Here What is Bitcoin- Click Here
Originally Posted by RagewiththeBull Source: AP Wendy's takes No. 2 spot from Burger King; McDonald's still biggest hamburger chain By Candice Choi, AP Food Industry Writer | Associated Press – 12 hours ago NEW YORK (AP) -- Wendy's has dethroned Burger King as the country's second biggest hamburger chain. Wendy's edged out Burger King in U.S. sales volume for the first time last year since Wendy's was founded in 1969, according to a report by the food industry research firm Technomic Inc. that's set to be released next month. Wendy's had sales of $8.5 billion in 2011, compared with $8.4 billion for Burger King. McDonald's remained far larger than both with $34.2 billion in sales. The figures are based on Technomic's estimates of system-wide sales at franchise and company-owned restaurants, rather than corporate revenue, which includes fees from franchise operators. Worldwide, Burger King still has far more restaurants than Wendy's and remains the second biggest hamburger ...
Originally Posted by RagewiththeBull Source: ChrisMartenson.com Why Our Currency Will Fail Wednesday, February 8, 2012, 9:18 am, by cmartenson "The idea that the very same economic forces that are currently plaguing Greece, et al., are somehow not relevant to the United States' circumstances does not hold water. As goes the rest of the world, so goes the US. When we back up far enough, it is clear that money and debt are there to reflect and be in service to the production of real things by real people, not the other way around. With too much debt relative to production, it is the debt that will suffer. The same is true of money. Neither are magical substances; they are merely markers for real things. When they get out of balance with reality, they lose value, and sometimes even their entire meaning. This report lays out the case that the US is irretrievably down the rabbit hole of deficits and debt, and that, even if there were endless natural resources of increasing quality ...
Originally Posted by RagewiththeBull Re-post From Prison Planet> Doctor Doom Warns: “World War III Will Occur In the Next Five Years” Mac Slavo Prisonplanet.com January 17, 2012 Well known economist, trend forecaster and Gloom, Boom and Doom Report publisherDr. Marc Faber joined some of the world’s leading investment minds at the Barron’s 2012 Roundtable to discuss what’s in store for 2012 and beyond with respect to the economy, inflation, political stability and a host of other issues. As is generally the case, Dr. Faber doesn’t mince words and warns that, despite what happens in the near term, the end game is global conflict. Excerpted from Barron’s 2012 Roundtable via SGT Report Marc Faber: On another optimistic note, World War III will occur in the next five years. That means the Middle East will blow up. New regimes there will be less Western-friendly. The West has also figured out it can’t contain China, which ...
Originally Posted by RagewiththeBull Source: Financial Sense By Chris Puplava01/10/2012 In September of last year we saw gold jump two standard deviations above our gold intermediate-term risk indicator’s average, a feat only seen on three prior occasions (2006, 2008, 2009). Since then, gold has significantly worked off its overbought condition and fallen by over 20% to its recent low on December 29th. Now, the recent decline has been sufficient enough in both time and magnitude to drop our gold indicator to a very oversold reading of more than 1 standard deviation below its historical average. The last time gold was this oversold was back in 2008 and represents the second most oversold reading since gold’s secular bull market began, and likely represents a major buying opportunity as the long term fundamentals (negative real interest rates, global currency debasement) remain. As with gold bullion, the same can also be said for large cap gold stocks as seen by the NYSE Arca Gold BUGS Index (HUI). ...
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