Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
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“Climb Every Mountain…” This iron horse
conquers Cumbres Pass.
http://www.railpictures.net/viewphoto.php?id=536264
http://www.railpictures.net/viewphoto.php?id=536196
The Fed Is Out Of Options, “QE Is All It Can Do Here” Art Cashin Predicts
Tyler Durden’s pictureSubmitted by Tyler Durden on 08/11/2015 20:43 -0400
Weakness in commodities “is not transitory,” Art Cashin tells CNBC, if you look at things like copper, “this is really a deflationary push… where things can get a little out of control.” The Fed says they must get off zero interest rates because,, as Cashin notes, “they can’t do anything else.” However, as the venerable floorman who has seen it all explains, “they’re in a kind of silly loop where they did QE expecting a reaction… didn’t get it.. and then they did QE again because it didn’t live up to their expectations… but I think they have no other options, if things get negative on the economy, QE is all they can do.”
more http://www.zerohedge.com/news/2015-08-11/fed-out-options-qe-all-it-can-do-here-art-cashin-predicts
devaluation ? say what ..We are bringing those jobs HOME ..Then he says Carl Icahn will negotiate with China for US ..
If anybody knows how to make money and fix broken management its Carl Icahn ..Thats what he’s been doing for years keeping Corporate Boards working for Stock Holders and not for themselves ..Trumps got the right message ! JOBS JOBS JOBS . He’s in Charge ! and brings in Competent Management …Thats what success is all about MANAGEMENT….not Rehetoric .
Listen to what Kerry has to say and the logic behind it.
best guide to the location of deposits bearing precious metals is still the old reliable idea of looking for PMs in the regions where there has been PM production before. Still lots of revisiting previously known PM deposits.
Check that out, maybe a bit premature but something’s in the works for sure IMO
SLW Record Silver Equivalent Production and Sales Volume During the Second Quarter of 2015
http://finance.yahoo.com/news/record-silver-equivalent-production-sales-212100204.html
Tahoe Resources Reports Strong Cash Flow In Q2
http://finance.yahoo.com/news/tahoe-resources-reports-strong-cash-204300269.html
Lundin Gold Inc. Reports Second Quarter 2015 Results
http://finance.yahoo.com/news/lundin-gold-inc-reports-second-213000383.html
Alexco Reports Second Quarter 2015 Financial Results
http://finance.yahoo.com/news/alexco-reports-second-quarter-2015-213000893.html
Batero Gold Corp. Commences Offer to Acquire CB Gold Inc.
http://finance.yahoo.com/news/batero-gold-corp-commences-offer-213634052.html
Ystdy Oil put in an upside reversal…often a sign of a bottom…tdy the Scum have caused an Outside day to the downside so far…..seems that sub 40 Dlr then maybe 30 dlr oil will solve what ZIRP and QE have all failed to do.
and bankrupt Nigeria etc……we have madmen running the World.
Theosebes Goodfellow
Whoa there, buckaroos! So everyone knows that China has been cooking the books as far a fair trading rate for the yuan. And now they cook it a little more (1.9%) and the world gets their knickers in a twist?
The Chinese, (like everyone else), is desperate to “re-ignite” they global economy which America has screwed by printing 12 Trillion dollars or so in the last 7 years. Now the Chinese know that a smidge under 2% “fire sale” isn’t going to reboot anything, (or at least we’d hope they know that a smidge under 2% fire sale isn’t going to reboot anything). I suspect that this is a trial ballon. I bet you that the next devaluation will be more on the order of 5 to 10%.
Then you can watch these other countries crap kittens.
Go long popcorn.
puppies in the forecast: spot is rooting around in a pile of old worn out tee shirts i put in a “whelping box” i built for her. the web articles i have read tell of rooting around (digging a nest hole) as typical behavior in dogs. it is often a precursor to labor and delivery. if so, it’s right on time. dog gestation averages 63 days. june tenth was the date of mating. 63 days after that is tomorrow!
later on today? tonight? predawn tomorrow? other? waiting will tell us.
ms SPOT pucci, a SILVER dapple dachshund is proud to announce the arrival of five (so far) puppies. three dapples, one chocolate, and one black and tan.
edit, better pic
no late night surprises, the puppy count is still five
the squirmy family, black and tan female, chocolate male, light dapple female, dark dapple male, intermediate dapple female.
all are smooth coat shorthair. the little ones spend most of their time at momma’s dairy bar, and the rest napping. all seem healthy and happy, except momma spot who was not at all happy about the safety of this photo shoot. morgan dollar (circ) for scale.
That can is getting to be a real artifact!
NATO should kick Turkey out until the KURDS become part of the Government ..What ever happened to “INCLUSIVE” Government demanded by the USA of IRAQ ?
Obamas & Kerrys ” INclusive” policy only seems to apply to Radicals …
Tue, 08/11/2015 – 08:56 BlueHen1990
Now Yellen has her completely “unexpected, one-off, transitory” event to give her and the Fed an excuse to kick the can down the road on hiking.
Turkish air strikes hit 17 Kurdish militant targets, military says
http://www.reuters.com/article/2015/08/11/us-mideast-crisis-turkey-kurds-idUSKCN0QG0LI20150811
There’s Hope America: Anchor Walks Off Live TV, Refuses To Report On Kardashians
Is the distracted citizenry beginning to wake up? We can only hope so. Giving hope to Americans everywhere, after covering the usual local news, Orlando-area news anchor John Brown was transitioning into a segment about one of the Kardashian daughters recently naming her new pet rabbit “Bruce,” he stood up and walked off set exclaiming, “I am having a good Friday, so I refuse to talk about the Kardashians today, you are on your own, Amy. I can’t do it.” As the program’s co-host storms off set, he can be heard off-screen shouting, “I’ve had enough Kardashians. I can’t take any more Kardashian stories on this show.” A message many may start to heed…
before you get any hopes up check what has just been done to Oil…they’ve taken it down from a break out price of 45.30…where it was looking to run and knocked it down to 43.50 and it’s still falling.
The hrly bar at the high shows how they reversed and obvious break out…just like they do in PM’s
Franco-Nevada Reports Q2 2015 Results and Declares Quarterly Dividend
http://finance.yahoo.com/news/franco-nevada-reports-q2-2015-203000235.html
Northern Dynasty to Raise Up to $20 Million in Financing Transactions
http://finance.yahoo.com/news/northern-dynasty-raise-20-million-000000376.html
First Majestic Reports Second Quarter Financial Results and La Encantada Operational Update
http://finance.yahoo.com/news/first-majestic-reports-second-quarter-110000671.html
Rye Patch Arbitrates Q1 2014 Royalty Payment with Coeur
http://finance.yahoo.com/news/rye-patch-arbitrates-q1-2014-130000480.html
