Tag: gold

March 9, 2013 0

15 Year Old Kid Develops Foolproof Test for Pancreatic, Ovarian and Lung Cancer; Test Costs 3 Cents, Takes 5 Minutes

By News Desk

15 Year Old Kid Develops Foolproof Test for Pancreatic, Ovarian and Lung Cancer; Test Costs 3 Cents, Takes 5 Minutes Posted by Michael Shedlock at 11:14 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

March 4, 2013 0

The Fatter the Cat, the Louder the Howl

By News Desk

Bloomberg reports Swiss Voters Approve Limits on ‘Fat Cat’ Executive Pay Swiss voters approved some of the world’s toughest limits on executives’ pay in a referendum, a move critics say could make Switzerland less attractive to multinational corporations. The initiative against “fat cats,” proposed by Thomas Minder, head of a herbal toothpaste company, was backed by 67.9 percent of the voters today, the government said on its website today. The proposal gives shareholders an annual ballot on managers’ pay

March 1, 2013 0

Reflections on the "Wage Recession"

By News Desk

Jed Graham at Investor’s Business Daily has an interesting chart showing Wage Recession Hits 5 Years; Worse Than Jobs Drought . I can show it’s even worse, but first let’s consider a chart and commentary by Graham. As bad as the current job recovery has been — and it’s by far the weakest since World War II — the recovery in wages has been far worse

February 28, 2013 0

What Bernanke Didn’t Say About Housing (And Everything Else); Bernanke’s Ploy

By News Desk

What Bernanke Didn’t Say About Housing (And Everything Else); Bernanke’s Ploy Caroline Baum had some interesting comments about Bernanke’s testimony before Congress in her writeup What Bernanke Didn’t Say About Housing . One of the more interesting exchanges at Ben Bernanke’s testimony to the Financial Services Committee today was the one between the Federal Reserve chairman and Representative Scott Garrett, a Republican from New Jersey.     Citing Bernanke’s assertion that one of the benefits of QE had been the rise in home prices, Garrett said the following: "Previously you have said that the Fed’s monetary policy actions earlier this decade, 2003 to 2005, did not contribute to the housing bubble in the U.S. So which is it?

February 27, 2013 0

France Unemployment Highest Since 1997

By News Desk

France Unemployment Highest Since 1997 In the easy to see coming category (thanks to the socialist policies of French president Francois Hollande) French unemployment level hits 15-year high . Unemployment numbers in France rose by 43,000 in January to 3.16 million, an increase of 10.7 percent from last year, the labour ministry revealed on Tuesday. The figure is at its highest since January 1997, when it reached 3.19 million.   Rising unemployment is a setback for Socialist President Francois Hollande, who has pledged to curb the unemployment rate from the current level of more than 10 percent to a single-digit figure by December.