View the article at Stratfor.com . . .
View the story at Democracy Now . . .
[La Grâce du Ciel is a French interpretation of Amazing Grace (literally:The Grace of Heaven) written by David E. Marcantel andperformed by Southwest Louisiana singing group, Les Amies Louisianaises.]
Catherine with Max Keiser at maxkeiser.com.
By Mark Gilbert - Bloomberg.com (5 Nov 09)
“In price is knowledge,” an editor used to scream at me. Whether or not you believed in efficient markets, you could be sure the price of a bond, a currency, or a commodity was trying to tell you something about the outlook for growth, inflation, or monetary policy. All you had to do was listen and translate.
Not anymore. The ad-hoc combination of quantitative easing, government stimulus packages, and zero-interest-rate policies has distorted markets beyond recognition.
In short, it is almost impossible to make a coherent argument for what a 10-year Treasury should yield, what a dollar or euro is worth, or whether to buy or sell copper or gold. Following are examples of markets driven mad by the recent enthusiasm for government intervention.
Continue reading Valuing Bonds, Dollar Is Crazy in a World Gone Mad . . .
On this week’s Solari Report, I will be having a very special conversation with Mayuri Onerheim.
Mayuri is a marvelous and gifted woman who left a successful accounting career to focus on teaching. Her latest workshops - Money as a Spiritual Practice - assist people with a better understanding of money, its role in our lives and our issues and concerns around money. Here is how she describes her mission:
“Without understanding our money issues, I believe we will be unable to bring our spiritual realization into the world as money is embedded in absolutely everything we do. Even more importantly, with the move from a bubble to a real economy, we are entering a paradigm shift the likes of which we have never seen in our lifetime, and one that humanity has not seen for over 400 years.”
“It is probable that the wild cards that our economic system have been dealt will radically change the future and support the evolution of humanity both culturally and spiritually. For us as individuals, we can participate in this evolution by changing ourselves. What that will require is a shift in responsibility and a shift in consciousness around money.”
I could not agree more!
Some of the topics we will be covering include:
- Truth
- Right Action
- Greed
- Fear
- Equity
- Faith
- Family
- Community
These are the topics most on my heart these days. Please do join us.
I will be covering the astonishing developments in the last two weeks in Money and Markets and responding to subscriber questions in Ask Catherine.
In Let’s Go to the Movies, I will review Michael Moore’s latest documentary, “Capitalism: A Love Story.”
If you are a subscriber to The Solari Report, you can post your questions at your private panel. Listen live on Thursday evening by phone, listen online, or by downloading the mp3 after it is posted on Friday.
If you would like to learn more about The Solari Report and subscribe, click here. Subscribers enjoy access to our complete MP3 archive.
This week’s Money and Markets charts will be posted at the blog on Thursday morning.
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report tonight, Thursday, November 5, 2009.
Click here to view all charts as a pdf file.
Previous Money & Markets Charts blog posts: Oct 2009 (1) (2) (3) (3) (4) (5) / Sep 2009 (1) (2) (3) (4) / Aug 2009 (1) (2)(3) (4) / Jul 2009 (1) (2) (3) (4) / Jun 2009 (1) (2) (3) / May 2009 (1) (2) (3) (4) / Apr 2009 (1) (2) (3) (4) (5) / Mar 2009 (1) (2).
Currency charts are from Kitco.com, all others are from StockCharts.com.
By Dina ElBoghdady - The Washington Post (5 Nov 09)
The Federal Housing Administration abruptly delayed the release of a long-awaited independent audit of the financial soundness of the agency, citing potential problems with the accuracy of some of the study’s economic models.
The audit, compiled by Integrated Financial Engineering of Rockville, was scheduled to be released Wednesday, and the agency’s top officials planned to brief reporters on its results.
Continue reading FHA Delays the Release of Disputed Audit of Its Finances . . .
View larger chart at Clusterstock . . .
Air Force: ‘Overwhelm Enemy Cognitive Abilities’ With Bioscience
By Katie Drummond - Wired.com (4 Nov 09)
The Air Force is looking to harness advances in bio-science so they can “degrade enemy performance and artificially overwhelm enemy cognitive abilities.” It’s all part of a $49 million dollar bio-research effort unveiled last month by the Air Force Research Lab’s “Human Effectiveness Directorate,” and it’s the latest in a series of out-there military ideas to mess with adversaries’ heads.
For years, armed forces and intelligence community researchers have toyed with ways of manipulating minds. During the Cold War, the CIA and the military allegedly plied the unwitting with acid, weed, and dozens of psychoactive drugs, in a series of zany (and sometimes dangerous) mind-control experiments. In the 1970s and 80s, a small group of special operations soldiers at Ft. Bragg supposedly tried to teach themselves how to kill with psychic power - the basis for the upcoming movie The Men Who Stare at Goats. In 1994, one Air Force researcher proposed spraying enemies with “strong aphrodisiacs [which] caused homosexual behavior.” Last year, the National Research Council and Defense Intelligence Agency pushed for pharma-based tactics to weaken enemy forces.
Continue reading Air Force: ‘Overwhelm Enemy Cognitive Abilities’ With Bioscience . . .