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The NY times posted the next chart some time ago... I'd be interested in your thoughts about the Polish data. Cheers.

Spoken as the true offspring of a central banker.

The obvious problem is they always get entangled with the upper classes who have no fear of making bad investment decisions because they know their back is covered and this by itself creates a wide range of imbalances in economic and social society. It shouldnt be up to a room of unelected...

Up 7% again today. I guess the saying about buying the bigest losers who everyone thinks are worthless can pay off at times indeed. Only trouble is getting yourself around to think differently which isnt always easy to do obviously because if it were everyone would do it.

"Why should I care about future generations? What have they ever done for me?" Groucho Marx

Dexia up 9% today, up 30% this month. Should have bought some...:D

I'd say a pretty large chunk of it comes from exploiting other countries or continents labour or resources. As the power that is held to maintain the upper hand in the relationship between exploiter and exploited wanes, so does the wealth equation shifts. Dont you guys think its funny...

http://www.bbc.co.uk/news/business-10753573

I think it is going to somewhere between 3K to 7k the next decade with the broad majority of miners rising at least 500% to 2000% simultaneously. The reason for the rise will sterm from both monetary and economic reality as investor demand which will create a double wammy catapulting the...

There is overwhelming agreement among economists that the Second World War was responsible for decisively ending the Great Depression. When asked why the wars in Iraq and Afghanistan are failing to make the same impact today, they often claim that the current conflicts are simply too small to be...

You think US retail investors move the global gold market?

There are more people in jail in the US then in the rest of the world combined! I think it's because they have privatized jails so there is an economic incentive to have prisoners + people in jail don't show up in the unemployment statistics + they are cheap labour. Also, think about it...

It's bullish for the price of gold. The more they attack it the higher it will go.

I guess all the rich Americans will be moving to Dubai and Vietnam now...

I want to retract my statement. He shouldnt be hung at all!

Doesnt the US needs a war on its own soil? How else will it ever replace it's decaying infrastructure?

If the US has the best technology in the world, why cant they plug the oil leak?

Fingers crossed.

He is walking indeed. http://www.thedailybeast.com/blogs-and-stories/2010-07-20/jeffrey-epstein-billionaire-pedophile-goes-free/full/ Nevertheless, apparantly he has a small penis and everyone knows about it now. I guess money can't buy you everything. Still should be hung though.

High oil prices benefited people in the middle East, Canada, Russia,... Aren't they entitled to a boom once in a while as well?