Recent News

Greece's Futile Austerity

March 12, 2013 / www.thedailybell.com

Greek Prime Minister Antonis Samaras on Saturday promised his recession-weary nation that there would be "no more austerity measures" as international creditors prolonged an audit of crisis reforms. "There will be no more austerity measures," Samaras said in a televised speech to his conservative party's political committee. "And as soon as growth sets in, relief measu...Read More

Klarman Yelp: The Fed Has No Clothes

March 12, 2013 / www.thedailybell.com

Seth Klarman Goes Nuts On The Fed In His Latest Investor Letter … Seth Klarman, the legendary head of Boston based hedge fund Baupost Group, sent out his letter to investors this week. He reports that his fund is up for the month, quarter, and year, but is sending out specifics in separate quarterly reports. That said: The juicy part of this letter has nothing to do with specific investments...Read More

The End of America

March 12, 2013 / www.youtube.com

***Check out the latest on The End of America with updated government and economic figures here: http://youtu.be/SV5nEUdV5vQ***I believe that we as Americans are about to see a major, major collapse in our national monetary system, and our normal way of life.Our government has been borrowing so much money (very often using short-term loans), that very soon, we will no longer be able to afford even...Read More

Kevin Gates - Satellites [Official Music Video]

March 12, 2013 / www.youtube.com

Kevin Gates - Satellites [Official Music Video]Stream/Download the new album I'M HIM - https://kevingates.lnk.to/ImHimIDSee Kevin live! https://www.kvngates.com/tourGet your merchandise here! https://smarturl.it/kevingates.storeFollow Kevin Gates:Instagram: http://instagram.com/iamkevingates Twitter: http://twitter.com/iamkevingates Facebook: https://facebook.com/kvngates Soundcloud: https://sound...Read More

Kevin Gates - Satellites [Official Music Video]

March 12, 2013 / www.youtube.com

Kevin Gates - Satellites [Official Music Video]Stream/Download the new album I'M HIM - https://kevingates.lnk.to/ImHimIDSee Kevin live! https://www.kvngates.com/tourGet your merchandise here! https://smarturl.it/kevingates.storeFollow Kevin Gates:Instagram: http://instagram.com/iamkevingates Twitter: http://twitter.com/iamkevingates Facebook: https://facebook.com/kvngates Soundcloud: https://sound...Read More

Eldorado stands up for its gold project in Greece

March 11, 2013 / www.mining.com

Close to 15,000 people took the streets of Thessaloniki, Greece's second largest city, on Saturday to protest a planned gold mine by Canada's Eldorado Gold Corp. (TSX:ELD) (NYSE:EGO).Opponents believe the project represents a high environmental risk. But the company's vice-president, Nancy Woo, told Canadian Press on Monday their concerns are unfounded, as the mine will follow the essential Europ...Read More

Ben Bernanke's Hollow Victory

March 11, 2013 / www.thedailybell.com

Most of the unorthodox steps Mr Bernanke has taken since 2008, such as the galaxy of lending windows he set up after the Lehman bankruptcy, or the various quantitative easings, may seem obvious in retrospect. But it is not clear any of his former rivals for the job would have responded the same way … Mr Bernanke's grounding has given him the authority to dismiss those who view the meltdo...Read More

Feedbackers Against British Keynesian Schemes

March 11, 2013 / www.thedailybell.com

Business leaders press for measures to boost construction … Business has called for "radical" measures to boost growth and restore confidence in the Budget, with tax cuts for companies and a push on infrastructure. Business wants the Government to push on with building projects … Employers group the CBI, the British Chambers of Commerce (BCC), and manufacturers organisation t...Read More

The African Investment Meme Continues

March 11, 2013 / www.thedailybell.com

Ghana … Golden Opportunities Africa: Investing in the Cradle of Civilization … This year could prove an interesting one for Africa's west coastal country, Ghana. Presidential and parliamentary elections are slated to be held by year-end, the results of which are almost sure to impact the shape of the country's future. President John Atta Mills has stated in the press that he wi...Read More

Ben Bernanke's Hollow Victory

March 11, 2013 / www.thedailybell.com

Most of the unorthodox steps Mr Bernanke has taken since 2008, such as the galaxy of lending windows he set up after the Lehman bankruptcy, or the various quantitative easings, may seem obvious in retrospect. But it is not clear any of his former rivals for the job would have responded the same way … Mr Bernanke's grounding has given him the authority to dismiss those who view the meltdo...Read More

Feedbackers Against British Keynesian Schemes

March 11, 2013 / www.thedailybell.com

Business leaders press for measures to boost construction … Business has called for "radical" measures to boost growth and restore confidence in the Budget, with tax cuts for companies and a push on infrastructure. Business wants the Government to push on with building projects … Employers group the CBI, the British Chambers of Commerce (BCC), and manufacturers organisation t...Read More

The African Investment Meme Continues

March 11, 2013 / www.thedailybell.com

Ghana … Golden Opportunities Africa: Investing in the Cradle of Civilization … This year could prove an interesting one for Africa's west coastal country, Ghana. Presidential and parliamentary elections are slated to be held by year-end, the results of which are almost sure to impact the shape of the country's future. President John Atta Mills has stated in the press that he wi...Read More

US Economy Now Like Royalist System of Europe?

March 08, 2013 / www.thedailybell.com

Recovery in U.S. Is Lifting Profits, but Not Adding Jobs … A Growing Divide: As federal budget cuts begin, high productivity and low interest rates help corporations but not job seekers. … "So far in this recovery, corporations have captured an unusually high share of the income gains," said Ethan Harris, co-head of global economics at Bank of America Merrill Lynch. "The...Read More

What Does the Dow Really Measure?

March 08, 2013 / www.thedailybell.com

The Dow Isn't Really At A Record High (And It Wouldn't Matter If It Were) … Just a quick, cranky reminder: Despite what you may have read, the Dow Jones industrial average did not hit a new high today in any meaningful sense. After adjusting for inflation, the Dow was higher in 2000 than it is today. It was also higher in 2007. It would need to rise another 10 percent or so to hit an...Read More

Will Grillo's Dubious Affiliations Send the EU Back Into a Sterile Debate?

March 08, 2013 / www.thedailybell.com

Platform … Comedian Beppe Grillo, the surprise, true winner of Italy's inconclusive February 24-25 elections, has a secret card up his sleeve: an economic 'guru' with close ties to Nobel laureate Joseph Stiglitz. For his economics policies the Genoese comedian turns to Mauro Gallegati, an economics professor at the Polytechnic University of the Marche region who has taught at Cam...Read More

US Economy Now Like Royalist System of Europe?

March 08, 2013 / www.thedailybell.com

Recovery in U.S. Is Lifting Profits, but Not Adding Jobs … A Growing Divide: As federal budget cuts begin, high productivity and low interest rates help corporations but not job seekers. … "So far in this recovery, corporations have captured an unusually high share of the income gains," said Ethan Harris, co-head of global economics at Bank of America Merrill Lynch. "The...Read More

What Does the Dow Really Measure?

March 08, 2013 / www.thedailybell.com

The Dow Isn't Really At A Record High (And It Wouldn't Matter If It Were) … Just a quick, cranky reminder: Despite what you may have read, the Dow Jones industrial average did not hit a new high today in any meaningful sense. After adjusting for inflation, the Dow was higher in 2000 than it is today. It was also higher in 2007. It would need to rise another 10 percent or so to hit an...Read More

Will Grillo's Dubious Affiliations Send the EU Back Into a Sterile Debate?

March 08, 2013 / www.thedailybell.com

Platform … Comedian Beppe Grillo, the surprise, true winner of Italy's inconclusive February 24-25 elections, has a secret card up his sleeve: an economic 'guru' with close ties to Nobel laureate Joseph Stiglitz. For his economics policies the Genoese comedian turns to Mauro Gallegati, an economics professor at the Polytechnic University of the Marche region who has taught at Cam...Read More

Entr?(C)e Gold Deal Will Go Down in History: Sandstorm Gold (NYSE: SAND/ TSX: SSL) CEO Nolan Watson

March 08, 2013 / www.youtube.com

As part of Kitco News' continued coverage of the PDAC 2013 Convention in Toronto, Daniela Cambone caught up w/ Nolan Watson, CEO of Sandstorm Gold (NYSE: SAND/ TSX: SSL), to hear about the future of the company and why he believes the Entr?(C)e Gold Deal currently in the works will go down in history. Kitco News, March 8, 2013.FOR MORE EXCLUSIVE COVERAGE OF THE PDAC 2013 CONVENTION, be sure to vis...Read More

First Look: Cindy Crawford on Her Marriage to Richard Gere | Oprah's Master Class | OWN

March 08, 2013 / www.youtube.com

In 1991, 22-year-old Cindy Crawford married actor Richard Gere. When they met, Richard had been a famous movie star and celebrity for years, and Cindy was a supermodel on the rise. Watch as Cindy reveals what she learned from their high-profile, four-year marriage. Plus, find out how their relationship helped her find her inner voice. For more on #masterclass, visit http://bit.ly/1ZQfeZO Find OWN...Read More

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