Please Hold Your Bernanke Applause … The plutocrats are heralding Ben S. Bernanke's eight years as Federal Reserve chairman. And with good reason. After all, Bernanke's two signature achievements – bailing out the bankrupt financial system and serving as the architect of the cheap-money policy known as quantitative easing – have done the very things the wealthy hoped they...Read More
The eurozone crisis is just getting started. The project to impose political union is bringing economic ruin, making the legitimacy of the EU project ever more vulnerable … In countries more obviously affected by the euro's financial crisis, disillusionment with the European project and its institutions is already extreme. Traditional centrist parties are finding it ever harder to hold t...Read More
Unreleased song from Boogie Nights "The song I originally meant to open Boogie Nights is finally being graciously released by the Greencarts. I hope they can forgive my negligence of their genius." -Paul Thomas Anderson (A representative of Paul Thomas Anderson will neither confirm nor deny the validity of this statement.)Read More
Bank of England Inflation Report: no rate hike while recovery remains 'unsustainable and unbalanced' … Bank severs link between unemployment rate and an interest rate hike, and caveats bullish growth assessment with concerns that the recovery is currently unsustainable. Interest rates are unlikely to rise before 2015, the Bank of England signalled on Wednesday, as it warned the recov...Read More
More Americans should work abroad … On Thursday, House Speaker John Boehner told members of the press that though immigration is "an important issue in our country" (thanks for that, John), it will be difficult to move immigration legislation this year. According to Boehner, the chief stumbling block is that Republican lawmakers simply don't trust the Obama administration to im...Read More
Bank of England Inflation Report: no rate hike while recovery remains 'unsustainable and unbalanced' … Bank severs link between unemployment rate and an interest rate hike, and caveats bullish growth assessment with concerns that the recovery is currently unsustainable. Interest rates are unlikely to rise before 2015, the Bank of England signalled on Wednesday, as it warned the recov...Read More
More Americans should work abroad … On Thursday, House Speaker John Boehner told members of the press that though immigration is "an important issue in our country" (thanks for that, John), it will be difficult to move immigration legislation this year. According to Boehner, the chief stumbling block is that Republican lawmakers simply don't trust the Obama administration to im...Read More
www.minesmanagement.com(ticker: MGN) Mines Management. I own shares. The company has not paid me in any way, neither in stock or cash.Mines Management stock is trading around $.98/share as of Feb 13, 2014.Here are three ways to get a projected share price for an advanced stage mining project stock such as Mines Management.1.Net present Value of projects (NPV).2.Comparative value of resources. (re...Read More
Economy U.S. stocks rose, giving benchmark indexes the biggest four-day rally in more than a year, as comments by Federal Reserve Chairman Janet Yellen fueled bets the economy is strong enough to weather further stimulus cuts … "The market likes consistency and what we've heard this morning has been consistent with what we've heard for months," Steven Rees, head of U.S. equ...Read More
House approves increase in debt ceiling with no strings attached, bill heads to Senate … The House voted Tuesday to raise the government's borrowing limit, as GOP leaders backed down from a potential confrontation with Democrats by declining to seek any concessions in exchange for the increase. The debt-ceiling bill passed on a 221-201 vote, and now goes to the Senate for final approval....Read More
Economy U.S. stocks rose, giving benchmark indexes the biggest four-day rally in more than a year, as comments by Federal Reserve Chairman Janet Yellen fueled bets the economy is strong enough to weather further stimulus cuts … "The market likes consistency and what we've heard this morning has been consistent with what we've heard for months," Steven Rees, head of U.S. equ...Read More
House approves increase in debt ceiling with no strings attached, bill heads to Senate … The House voted Tuesday to raise the government's borrowing limit, as GOP leaders backed down from a potential confrontation with Democrats by declining to seek any concessions in exchange for the increase. The debt-ceiling bill passed on a 221-201 vote, and now goes to the Senate for final approval....Read More
On January 15, 2014, Alex Honnold free-soloed El Sendero Luminoso (The Shining Path) in El Portrero Chico, Mexico in a little over 3 hours. The climb rises 2,500 feet to the summit of El Toro. It could be the most difficult rope-less climb in history.Music:Matthew Morgan"Sun Through The Clouds"Philip Sheppard"Chronograph"PhilipSheppard.comRead More
Peter Megaw, Exhibits Chair, talks about the Tucson Gem and Mineral ShowThis special episode of the Arizona Mining Review gives a sneak peek at the treasures displayed at the 2014 Tucson Gem and Mineral Show. Peter Megaw, exhibits chair for the Tucson Gem and Mineral Society, describes the incredible specimens of gold, silver, diamonds and gems presented for the show's 60th Anniversary. Visitors c...Read More
GERARDO DEL VILLAR - FOTOGRAFO MARINO ESPECIALIZADO EN TIBURONES - ENTRENADOR DE BUCEO AMATEUR Y PROFESIONALagradecimento especial al fotografo: Vincent Canabal por la imagen de portadaWWW.DCHIC.TVRead More
- Marc Johnson, CFAHere's a quick and easy way to spot a possible takeover candidate.First, add the company's total debt plus other obligations that an acquiror would have to assume. Then add its market capitalization (the share price times the diluted number of shares). This is the offer price.Compare this number to the dollar value of the firm's tangible assets. If the value of the tangible asse...Read More
Voters in Switzerland have narrowly approved a rightwing proposal to curb immigration. It imposes limits on the number of foreigners allowed in and may signal an end to the country's free movement accord with the European Union. The initiative was approved by just 50.3% of the votes and was passed by a majority of cantons. The move by the Swiss People's Party – known for its anti-for...Read More
The booming marijuana industry attracts enthusiasts and entrepreneurs … Working from a small booth on the fringes of a trade show packed with thousands of enthusiasts, Sean Donahoe says these are heady times to be in the marijuana business. "In a gold rush, you sell picks and shovels,'' says Donahoe, deputy director of the California Cannabis Industry Association. The young orga...Read More
Voters in Switzerland have narrowly approved a rightwing proposal to curb immigration. It imposes limits on the number of foreigners allowed in and may signal an end to the country's free movement accord with the European Union. The initiative was approved by just 50.3% of the votes and was passed by a majority of cantons. The move by the Swiss People's Party – known for its anti-for...Read More