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Time reports Robots to Revolutionize Farming and Ease Labor Woes . On a windy morning in California’s Salinas Valley, a tractor pulled a wheeled, metal contraption over rows of budding iceberg lettuce plants
Continued here: Spain Levies Consumption Tax on Sunlight
Originally posted here: Interesting Hussman Tweets on Case Shiller PE, Institutional Selling, Book Values
See the article here: Only Hope For Italy is Bankruptcy
View article: Obama’s HAMP Program a Stunning Success
View article: Unions and Fundamental Freedoms: Two Upcoming U.S. Supreme Court Cases
Now That’s Backwardation! Recall the definition of backwardation: Current price above future delivery price . There are many reasons this can happen with commodities, but the typical explanations are: temporary short-term supply shortage, expected future supply, or expected falling demand. Supposedly this can never happen with gold because " gold is money ".
Continue Reading: About that Austerity in Spain: There Isn’t Any
Lee Munson of Portfolio LLC says " Sell the gold rally ". The question for investors and speculators alike is if gold has at long last marked the end of a wrenching nearly two-year pullback from the 2011 highs over $1,900. Lee Munson of Portfolio LLC says any rally marks a chance to make a graceful exit from their positions
Read this article: How to Lie Without Saying a Thing