Japan to keep printing money for years to come, so learn to enjoy it … The Bank of Japan will have to mop up the entire issuance of public debt for years to come, covering the budget deficit with printed money … The Bank of Japan is still showering the economy with money, buying $75bn of bonds each month … There are no one-way bets in global finance, but Japan's stock market...Read More
What Does Cantor's Defeat Mean? Nobody Knows … Every political pundit in the country is, right now, writing about what House majority leader Eric Cantor's defeat in today's Republican primary means. But how sure can we be that we know what it means? Essentially none of the pundits, including me, had any inkling that he was going to lose — let alone lose, as he did, by a lar...Read More
Japan to keep printing money for years to come, so learn to enjoy it … The Bank of Japan will have to mop up the entire issuance of public debt for years to come, covering the budget deficit with printed money … The Bank of Japan is still showering the economy with money, buying $75bn of bonds each month … There are no one-way bets in global finance, but Japan's stock market...Read More
What Does Cantor's Defeat Mean? Nobody Knows … Every political pundit in the country is, right now, writing about what House majority leader Eric Cantor's defeat in today's Republican primary means. But how sure can we be that we know what it means? Essentially none of the pundits, including me, had any inkling that he was going to lose — let alone lose, as he did, by a lar...Read More
John Kaiser talks about more interesting and highly prospective low cap resource stocks both in gold and other minerals like scandium.Read More
The French are right: tear up public debt – most of it is illegitimate anyway … As history has shown, France is capable of the best and the worst, and often in short periods of time. On the day following Marine Le Pen's Front National victory in the European elections, however, France made a decisive contribution to the reinvention of a radical politics for the 21st century. On tha...Read More
Rising markets eating into demand for gold in India … Indian stock markets shine bright, gold's glitter fades in 2013 … Even though gold has gradually lost appeal among global investors since 2013 – amid a compounding consensus view that a decade-long bull run in the yellow metal may be over – a weaker rupee and restrictive import policies have ensured that, in India, t...Read More
The French are right: tear up public debt – most of it is illegitimate anyway … As history has shown, France is capable of the best and the worst, and often in short periods of time. On the day following Marine Le Pen's Front National victory in the European elections, however, France made a decisive contribution to the reinvention of a radical politics for the 21st century. On tha...Read More
Rising markets eating into demand for gold in India … Indian stock markets shine bright, gold's glitter fades in 2013 … Even though gold has gradually lost appeal among global investors since 2013 – amid a compounding consensus view that a decade-long bull run in the yellow metal may be over – a weaker rupee and restrictive import policies have ensured that, in India, t...Read More
The newly elected president of the World Diamond Council, Edward Asscher, put a chill Tuesday on the movement to expand the scope of the Kimberley Process and so cover general human rights abuses, stating the trade body should focus exclusively on diamonds proceeding from conflict zones.Speaking at the Intercessional Meeting of the Kimberley Process In Shanghai, Asscher said he supported increas...Read More
O.J. Simpson calls into CNN's Larry King Live on October 4, 1995, a day after a jury found him not guilty of murder.Read More
Report: IRS Sent Database Containing Confidential Taxpayer Information to FBI … The Internal Revenue Service may have been caught violating federal tax law: In October 2010, the agency sent a database on 501(c)(4) social-welfare groups containing confidential taxpayer information to the Federal Bureau of Investigation, according to documents obtained by a House panel. The information was tra...Read More
World stock markets up near record high; low yields help Reuters … Global equity markets edged higher on Monday, boosting a gauge of world stock performance to near an all-time high, as low interest rates bolstered sentiment even as U.S. Treasury yields rose. Wall Street's Dow industrials and benchmark S&P 500 closed at all-time peaks, with the latter rising to its seventh record cl...Read More
Report: IRS Sent Database Containing Confidential Taxpayer Information to FBI … The Internal Revenue Service may have been caught violating federal tax law: In October 2010, the agency sent a database on 501(c)(4) social-welfare groups containing confidential taxpayer information to the Federal Bureau of Investigation, according to documents obtained by a House panel. The information was tra...Read More
World stock markets up near record high; low yields help Reuters … Global equity markets edged higher on Monday, boosting a gauge of world stock performance to near an all-time high, as low interest rates bolstered sentiment even as U.S. Treasury yields rose. Wall Street's Dow industrials and benchmark S&P 500 closed at all-time peaks, with the latter rising to its seventh record cl...Read More
Watch Frank Giustra, CEO at Fiore Financial Corporation and his daughter Isabella Lawton-Giustra take part in our Fathers Empowering Daughters campaign. Giustra believes that the most important thing a father can do is to "inspire your children to believe that anything is possible".The goal of Fathers Empowering Daughters is to engage boys and men in the economic advancement and inclusion of women...Read More
'Do I have to go on my knees?': grovelling apology from IMF head for incorrect warnings on UK economy … Head of the International Monetary Fund, Christine Lagarde, accepts her organisation's low growth forecasts for the UK economy were wrong … Christine Lagarde has asked whether she needs to grovel on her knees before George Osborne over the IMF's incorrect warnings on...Read More
Why Should We Support the Idea of an Unconditional Basic Income? An answer to a growing question of the 21st century … What would you do? So what exactly would you do, if you were guaranteed $1,000 per month for the rest of your life? And yes, that's around what the amount would most likely be here in the United States, at least at first. So think about that amount for a moment, and don&...Read More
'Do I have to go on my knees?': grovelling apology from IMF head for incorrect warnings on UK economy … Head of the International Monetary Fund, Christine Lagarde, accepts her organisation's low growth forecasts for the UK economy were wrong … Christine Lagarde has asked whether she needs to grovel on her knees before George Osborne over the IMF's incorrect warnings on...Read More