Posts Tagged 'inflation'
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Posted @ 5/13/2013 4:00 AM By "The Elemental Economist" Jim Purnell
Moneynews.com reports: [ Despite the 6.5% stock market rally over the last 3 months, a handful of billionaires are quietly dumping their American stocks . . . & FAST. In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has ...
Posted @ 4/29/2013 4:00 AM By "The Elemental Economist" Jim Purnell
Zerohedge.com reports: [ When Suckers Finally Realize The fleecing of the American public continues. The theft takes different forms, but it all serves one purpose — to transfer wealth from the average Joe to the crony corporatists & their political...
Posted @ 4/15/2013 4:00 AM By "The Elemental Economist" Jim Purnell
Silverdoctors.com reports: [ Submitted by Deviant Investor.com Between $600 trillion and $1.25 quadrillion of extraordinarily risky derivative bets made by major world banks that have been placed on extremely shaky & suspect sovereign nation...
Posted @ 4/8/2013 4:00 AM By "The Elemental Economist" Jim Purnell
Forbes.com reports: [ The Employee Benefits Research Institute (EBRI) has today released its report highlighting the intense state of insecurity American workers are experiencing as they look forward—with ever increasing trepidation—to a retirement w...
Posted @ 4/1/2013 4:00 AM By "The Elemental Economist" Jim Purnell
Munkee.com reports: [ [According to the chart in this article] ALL CURRENCIES ARE BEING DEBAUCHED. The price of gold in each currency approximates a parabola, meaning the use of printing presses is accelerating. Each unit of currency is losing purchasing ...
Posted @ 3/18/2013 8:08 AM By "The Elemental Economist" Jim Purnell
Zerohedge.com reports: [ Central banks' attempts to boost borrowing, consumption & wages by inflating asset bubbles leads to the poverty effect, not the wealth effect. Central bankers have been counting on "the wealth effect" to lift thei...
Posted @ 3/11/2013 5:00 AM By "The Elemental Economist" Jim Purnell
Munknee.com reports: [ Given the economic outlook, there seems little reason for stock prices to be as high as they are…The stock market could be called a “Madoff Market” in the sense that it is a Ponzi scheme, not the classic Ponzi scheme where exponenti...
Posted @ 2/4/2013 5:00 AM By "The Elemental Economist" Jim Purnell
The Economic Collapse blog reports: [ You can thank the reckless money printing that the Federal Reserve has been doing for the incredible bull market in stocks that we have seen in recent months. When the Federal Reserve does more “quantitative easing”, ...
Posted @ 12/31/2012 5:00 AM By "The Elemental Economist" Jim Purnell
Zerohedge.com reports: [ And we thought last month’s delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million Americans are now li...
Posted @ 12/12/2012 5:00 AM By "The Elemental Economist" Jim Purnell
Silverdoctors.com reports: [ In the midst of a 2 month price consolidation for both gold & silver, US Mint gold and silver eagle sales exploded in November, coming in a 3,159,500 oz of ASE’s, the 3rd highest monthly total for 2012, & 136,500 oz ...