Archive for December, 2010

by Gonzalo Lira FinancialSense.com Wed, 29 Dec 2010 This week—what with Christmas on one end and the new year’s celebration on the other, and everthing in between covered in snow—nothing much is gonna happen: It’s a week that’s about as dead as Dillinger. So I figured I should take stock of where we are—and... »

by Daniel R Amerman CFA FinancialSense.comWed, 29 Dec 2010 Overview The real US unemployment rate is not 9.8% but between 25% and 30%. That is a depression level of job losses – so why doesn’t it look like a depression for many people? How can so large of a statistical discrepancy exist, and how... »

Greg Hunter USAWatchdog 29 December 2010 From the very beginning of QE2, it was no secret the Federal Reserve wanted the stock market to rise. The Fed got its wish. Many people see the stock market increase of nearly 20% in a few short months as a sign things are turning around. The turnaround... »

Amy Lee HuffingtonPost.com 12-28-10 Less than a year ago, Francis Campos-Dunn was still working at a county hospital in the San Francisco Bay Area, helping patients navigate the often-maddening bureaucracy required to draw on their health insurance. These days, she has a new set of problems to navigate: how to manage her own care... »

by Phoenix Capital Research ZeroHedge.com 12/29/2010 Before starting today’s essay, I have to thank Rick Rule of Global Resource Investments for his insights on the following issues. Rick has been involved in natural resources investing since 1974. He founded Global in 1994 and has been behind many of the largest deals (Silver Standard being... »

by Giordano Bruno ZeroHedge.com 12/29/2010 The prevalence of crude is undeniable. You might dabble in green-think cultism or you might drive an obnoxious monolith of a Hummer (what I like to call an “overcompensation-mobile”), but neither philosophy of consumption dares to contradict that this world runs on oil. Petroleum is used in the manufacture... »

Top Trends Of 2011 Gerald Celente Trends Research Institute Wednesday, December 29, 2010 KINGSTON, NY, 28 December 2010 — After the tumultuous years of the Great Recession, a battered people may wish that 2011 will bring a return to kinder, gentler times. But that is not what we are predicting: 1. Wake-Up Call The... »

Mike Adams Natural News Wednesday, December 29, 2010 Of all the talk about S.510, virtually no one has actually read the language in the bill — especially not those lawmakers who voted for it. The more you read from this bill, the more surreal it all becomes. For example, did you know there’s a... »

By Sean Lengell The Washington Times While the national economy shows signs of improvement, city and county governments nationwide still are feeling the strain, as 2010 was among their worst years financially in decades. As a result, local governments have slashed budgets, scaled back or postponed infrastructure projects, and laid off significant chunks of... »

By Daniel Indiviglio TheAtlantic.com Ever since the banking industry began to heal after the financial crisis, the bank bailout appeared to be working. By now, most very big banks have paid back what they owed the government. Even AIG — one of the most troubled bailout recipients of them all — is on track... »