View this week’s chart comparisons of gold against fiat currencies, oil and the Dow for the Money & Markets segment of The Solari Report next Thursday, May 7, 2009.
Click here to view all charts as a pdf file.
Previous Money & Markets blog posts: Apr 23, Apr 16, Apr 9, Apr 2, Mar 27, Mar 12.
Currency charts are from Kitco.com, all others are from StockCharts.com.
Food stamp programs in the US (including by state government in Florida and Tennessee) have been outsourced to a JP Morgan operation in India.
abcNews (29 Apr 2009)
If you want to read the story of the US government spending $45 million (my estimate) stopping jobs from being outsourced to American communities in a way that would save the US government money (programs to fund people who are unemployed are VERY expensive) read these:
Significant intervention in the banking system and economy with the ’strong dollar policy’ and various forms of government credit and subsidies has paid some of us extraordinary amounts of money to do things that lower the total economic return of our overall society. We profit from debt bubbles, speculation and looting, rather from hard work, saving and investment. This intervention, highly profitable for those leading global economic warfare, has created privileges and expectations that are often not rational when viewed from an integrated economic whole.
Not surprisingly, extraordinary gapping in the perceptions of Main Street v. Wall Street and Washington are growing as bankers who implemented the “pump” are now being “dumped.” How these groups come into alignment as the economy adjusts will be a fascinating process to watch.
Ever have trouble pronouncing names? Here are two websites that can help:
Pronounce Names: The Dictionary of Name Pronounciation
It would appear that AIG is selling everything but it’s black budget operations, which the government will then essentially own. Sounds a bit circular to us but that is how document management on very big frauds seem to go these days. Only the Treasury and the Fed will know where all that money went and no amount of Freedom of Information requests and subpoenas will require them to tell.
AIG: Doomed to Fail?
CNNMoney.com (28 Apr 09)
Friedman argues America’s power on the world stage will actually increase in the 21st Century for three major reason:
read more . . .
Novavax Lead Investors
The Unknown Knowns
Albert Bates
PRUDEN: A Pandemic of Panic — Are We Dead Yet?
Washington Times (28 Apr 09)
The Swine Flu Pandemic—Fact or Fiction?
Mercola.com (28 Apr 09)
Dr. Len Horowitz 2009 Mexican Flu Report
Swine Flu Myths for the Gullible
(30 Apr 09)
Putting Swine Flu in Perspective
Catherine Austin Fitts Blog (1 May 09)
In Mercer Consultings annual Quality of Living Survey, Europe once again dominates the list of 215 countries around the world. The top three cities are, by rank, Vienna, Zurich (last years winner), and Geneva. Commonwealth nations fare pretty well, too, winning 9 of the top 30 spots—even though London comes in only at 38. The U.S. also fares poorly, barely making it into the top 30 with Honolulu and San Francisco in the bottom two places. The top city in Asia is Singapore, at no. 26. No cities from Africa or South America are in the top 30. The bottom? Baghdad once again comes in at 215.
To find out which 30 global cities offer the best quality of life, read on.
Click here for “official story”
Wall Street Journal (28 Apr 09)
Change Bankers Had Hoped For
Now that the 5th Summit of the Americas is over, we would like to point out that there is no interest in renegotiating or reopening NAFTA.
No need to renegotiate NAFTA to improve it: USTR
Reuters.uk (20 Apr 09)
Indeed, now the US will move ahead on three pending free trade agreements with Colombia, Panama and South Korea.