G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy … Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical tensions, the leaders said the global economy is being held back by lackluster demand, according...Read More
The Pipeline From Hell: There's No Good Reason to Build Keystone XL … No lasting jobs, no cheaper gas, and a chance to kill off one-fourth of U.S. farmland and maybe the planet. Why are both parties going all out to get such a crappy deal? The Senate will vote Tuesday on whether to authorize the construction of the Keystone XL Pipeline. The Republican-led House approved the initiative Fr...Read More
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy … Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical tensions, the leaders said the global economy is being held back by lackluster demand, according...Read More
The Pipeline From Hell: There's No Good Reason to Build Keystone XL … No lasting jobs, no cheaper gas, and a chance to kill off one-fourth of U.S. farmland and maybe the planet. Why are both parties going all out to get such a crappy deal? The Senate will vote Tuesday on whether to authorize the construction of the Keystone XL Pipeline. The Republican-led House approved the initiative Fr...Read More
EU finance chief to announce capital market plan in 2015 … The EU's new financial services commissioner will set out his plans for a pan-European capital market by the middle of next year, aiming to reduce companies' reliance on banks and help revive the bloc's fragile economy. Jonathan Hill said on Thursday (7 November) he was seeking to create an integrated market for raising m...Read More
Fortune Investors buzz for marijuana-related businesses … Marijuana-related businesses are like most others: They need money to get off the ground, pay the bills and expand. Until recently, money from legitimate sources was tough to come by. But with more states legalizing pot, big investors are starting to open their wallets and fork over piles of cash. On Wednesday, a medical marijuana con...Read More
EU finance chief to announce capital market plan in 2015 … The EU's new financial services commissioner will set out his plans for a pan-European capital market by the middle of next year, aiming to reduce companies' reliance on banks and help revive the bloc's fragile economy. Jonathan Hill said on Thursday (7 November) he was seeking to create an integrated market for raising m...Read More
Fortune Investors buzz for marijuana-related businesses … Marijuana-related businesses are like most others: They need money to get off the ground, pay the bills and expand. Until recently, money from legitimate sources was tough to come by. But with more states legalizing pot, big investors are starting to open their wallets and fork over piles of cash. On Wednesday, a medical marijuana con...Read More
California County Quietly Votes For Independence From State and Federal Laws … Mendocino County, in the pristine northern lands of California, where the magnificent ancient coastal Redwood trees meet the inland California Oaks, has voted itself into the constitution writing (righting) business. … By a significant margin, they became the first county in California, and only the second c...Read More
Colombia Takes First Step To Regulate Marijuana Use … The regulation of the use of marijuana for medical purposes was approved in the first debate of a Senate committee in Colombia on Tuesday. With a vote of 13 to two, members of a committee of Colombia's Senate approved legalizing marijuana for medical and therapeutic use in a country in which this drug is the most vastly consumed by th...Read More
California County Quietly Votes For Independence From State and Federal Laws … Mendocino County, in the pristine northern lands of California, where the magnificent ancient coastal Redwood trees meet the inland California Oaks, has voted itself into the constitution writing (righting) business. … By a significant margin, they became the first county in California, and only the second c...Read More
Colombia Takes First Step To Regulate Marijuana Use … The regulation of the use of marijuana for medical purposes was approved in the first debate of a Senate committee in Colombia on Tuesday. With a vote of 13 to two, members of a committee of Colombia's Senate approved legalizing marijuana for medical and therapeutic use in a country in which this drug is the most vastly consumed by th...Read More
Gold may stay low. We still see more factors working against it than for it. Though you might hold a little gold for diversification purposes, remember its drawbacks.In November, gold fell below US$1,200 an ounce. This is far below the peak price of $1,908 an ounce it reached on August 22, 2011. We still see more factors working against gold than for it.One factor working against gold is selling b...Read More
Surprise! There may be a way to fix Washington … U.S. President Obama hosts a luncheon for bi-partisan Congressional leaders in the Old Family Dining Room at the White House in Washington. The morning after the midterm elections, one of the best places to go for hope that the 114th Congress might actually get something done was a think tank not far from the Capitol called the Bipartisan Poli...Read More
For Gold Miners, Another Terrible Run … For years, the gold mining sector has been the worst investment sector imaginable. There was a while in 2014 when it seemed like the gold mining sector might avoid another disastrous 12-month stretch, but that seems unlikely after what has taken place in financial markets in the last few weeks. – ForbesDominant Social Theme: Gold and gold miners...Read More
Surprise! There may be a way to fix Washington … U.S. President Obama hosts a luncheon for bi-partisan Congressional leaders in the Old Family Dining Room at the White House in Washington. The morning after the midterm elections, one of the best places to go for hope that the 114th Congress might actually get something done was a think tank not far from the Capitol called the Bipartisan Poli...Read More
For Gold Miners, Another Terrible Run … For years, the gold mining sector has been the worst investment sector imaginable. There was a while in 2014 when it seemed like the gold mining sector might avoid another disastrous 12-month stretch, but that seems unlikely after what has taken place in financial markets in the last few weeks. – ForbesDominant Social Theme: Gold and gold miners...Read More
Mark Carney: No more bank bail-outs … Financial Stability Board, chaired by Bank of England Governor, unveils proposals for ending 'Too Big To Fail' banks … Mark Carney has pledged that taxpayer money should never again be used to prop up banks. The Governor of the bank of England, in his position as chairman of the international Financial Stability Board (FSB), has unveiled pr...Read More
Catalonia's Vote Was a Success. Now Negotiate … Catalonia's independence vote on Sunday was encouraging – not in creating momentum for the region that wants to break off from Spain, but in laying a foundation for political agreement on how best to decide the question. Perhaps for the first time, the national government in Madrid made the smart choice, allowing the nonbinding &q...Read More
Mark Carney: No more bank bail-outs … Financial Stability Board, chaired by Bank of England Governor, unveils proposals for ending 'Too Big To Fail' banks … Mark Carney has pledged that taxpayer money should never again be used to prop up banks. The Governor of the bank of England, in his position as chairman of the international Financial Stability Board (FSB), has unveiled pr...Read More