Tag: markets

Former Bundesbank Vice-President Recommends Gold, Says Current Economic System is "Pure Fiction"
May 25, 2014 0

Former Bundesbank Vice-President Recommends Gold, Says Current Economic System is "Pure Fiction"

By News Desk

Former Bundesbank Vice-President Recommends Gold, Says Current Economic System is "Pure Fiction" Anyone who is thinking clearly knows the economic system fostered by central banks is totally and completely out of control. Repetitive rounds of QE, competitive currency debasement, interest rates at zero, and sponsorship of the internet bubble followed by the housing bubble, followed by the current stock market bubble is proof enough. So, what I am about to report is really nothing but common sense, except for the fact that it comes from an unusual place, where one does not normally hear such discussions

The Day They Red Dogged Coal
May 9, 2014 0

The Day They Red Dogged Coal

By News Desk

Tweet Brian has a short post below describing the first large success 350.org has had convincing institutions to disinvest (somewhat like disrespect, a useful word that turns the stomach of the proper) in coal stocks.  As the comments point out this went down a lot smoother because coal stocks are falling like rocks in a frothely rising market.  The smart institutions have taken their losses, the dumber should and if you can get a bit of credit for it, well lagniappe is popular other places besides New Orleans.