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Showing posts from November 16, 2013

GATA | THE GATA DISPATCH November: Fed can't stop easy money if Bank of Japan and ECB won't, Pento says.

Fed can't stop easy money if Bank of Japan and ECB won't, Pento says Submitted by cpowell on 02:17PM ET Saturday, November 16, 2013. Section:  Daily Dispatches 5:18p ET Saturday, November 16, 2013 Market analyst Michael Pento, in commentary posted today by King World News, elaborates on the point made by GoldMoney research director Alasdair Macleod in his commentary this week ( http://www.gata.org/node/13252 ) -- that the major central banks are forced to coordinate their interest-rate policies. Pento writes: "If Janet Yellen were to start tapering the Fed's quantitative easing program while the Bank of Japan and European Central Bank kept their monetary policies intact, the dollar would soar. This would cause the new chairman to panic about deflation (deflation is public enemy No. 1, according to this new era of Keynesian central bankers) while the stock market crumbled due to downward pressure on earnings from U.S.-based multinational corporations. Of

NYT | Asian Morning Today's Headlines November: Syrian Government's Forces Gain, but a Siege War Goes On.

NYT Apps | Subscribe:  Digital /  Home Delivery Today's Headlines Saturday, November 16, 2013 Top News Syrian Government's Forces Gain, but a Siege War Goes On By ANNE BARNARD The Assad government has made gains, and the momentum has tipped, however slightly, in its direction even while the nation remains badly fractured. Young and Educated in Europe, but Desperate for Jobs By LIZ ALDERMAN High unemployment in countries like Spain, Portugal and Greece is hitting young people hardest as they take jobs below their skill level and seek work abroad.     Graphic: Young and Jobless Across Europe Defection of Longtime Ally Splits Center-Right in Italy By JIM YARDLEY The rupture within the movement of Silvio Berlusconi was led by his longtime protégé, Angelino Alfano, who announced that he and others would refuse to join Mr. Berlusconi's rebranded party, Forza Italia. Editors' Picks FASHION & STYLE  VIDEO:  Wa

GATA | THE GATA DISPATCH November 16, 2013: Nick Barisheff: Fed and Treasury likely arranged gold smashdown

Nick Barisheff: Fed and Treasury likely arranged gold smashdown Submitted by cpowell on 06:54AM ET Saturday, November 16, 2013. Section:   Daily Dispatches 10:03a ET Saturday, November 16, 2013 Dear Friend of GATA and Gold: With a study presented to the Toronto Scholars Conference of the new Ludwig von Mises Institute of Canada on November 1 and 2, Bullion Management Group CEO Nick Barisheff has more than earned his tin-foil hat, acknowledging that a primary objective of the U.S. Federal Reserve is to suppress the gold price. Among Barisheff's observations: "Western central bankers have been involved in the practice of leasing, and the even more opaque practice of swapping, their gold holdings for decades. Whatever gold is held in the vaults at the Federal Reserve Bank of New York and even in Fort Knox almost certainly, through hypothecation and re-hypothecation, has several claims to ownership." "This year the New York Fed told Germany's

NYT | Today's Headlines November 16, 2013: China to Ease Longtime Policy of 1-Child Limit

Most Popular   |   Video   |   Subscribe:  Digital /  Home Delivery Today's Headlines Saturday, November 16, 2013 Top News China to Ease Longtime Policy of 1-Child Limit By CHRIS BUCKLEY The Communist Party also said that it would end a much-criticized "re-education through labor" system and institute economic reforms.   China's Economic Plans 'Ambitious,' U.S. Treasury Secretary Says House Approves Bill That Allows Policy Renewals By ASHLEY PARKER and ROBERT PEAR Defying a veto threat, 39 Democrats joined Republicans in approving the measure, which goes further than the fix that President Obama had previously announced.   The Vote Count Death After the Typhoon: 'It Was Preventable' By KEITH BRADSHER During five days in a Philippine hospital, a 27-year-old farmer and family breadwinner received virtually no care and died, in essence, of a broken leg. Editors' Picks T MAGAZINE Winter Tr

The Economist Editor's Picks, From The desk of John Micklethwait, Editor- in - Chief on November 14, 2013.

View in browser  |  E-mail a friend Thursday November 14th 2013 Most of us are used to being watched by security cameras. But what if everybody walking down a street could immediately identify you? As cameras shrink and become ubiquitous, and face-recognition technology bounds forward, there will be lots of gains for consumers and society. But our  cover leader  worries about privacy. Liberal politicians, we argue, have been too lazy about defending the idea of personal space, especially online. John Micklethwait, Editor-in-Chief Reform in China Every move you make Xi Jinping has made himself the most powerful leader since Deng Xiaoping READ MORE  » Schumpeter The mindfulness business Western capitalism is looking for inspiration in eastern mysticism READ MORE  » The evolution of beauty Face the facts What makes for a beautiful visage, and why READ MORE  » Politics this week Typhoon Haiyan swept throu