Global economic situation for liveaboard cruising yachties

[hoytedow]

......

[masalai]

Oh Hoyte, such Tedium Telictorum Rectorum - (absolutely bastardised latin) and be thankful for small mercies - if mark had posted that it would have been corrupted beyond all recognition so as not to invoke rebuke for "copying"

http://www.caseyresearch.com/displayCdd.php?id=269 A pleasant chat from Casey extolling the virtues of "masrapido land"...

http://www.dailyreckoning.com.au/ full of spam has a little piece on USA "The Bond Bubble Lives" - only several weeks late and needs to be pricked still (no where is a ******** when one is needed?)

http://www.moneymorning.com.au/subscribe - - is full of doom and gloom - I am still waiting? "How to Prepare for Doomsday - - By Shae Smith, Assistant Editor - - 'Doomsday is coming. - - Governments are printing money and pretty soon - if it isn't already - your wallet will be full of coloured plastic. - - Pretty, but worthless plastic."

Australian money is "plastic" to make it more durable and difficult to forge...

[masalai]

Ohhh this is getting madder'n'madder I have not read it yet but the title was worthy of a copy&paste in this season of madness...

""" He has been spotting so many trends that some people find it uncanny.
Learn how you can profit from the...
NEW Predictions
from the
Nostradamus of Investing
“It’s not just analysis… it’s more like Nostradamus!”
Daniel L., Casey subscriber
It was October 2006, one year before the subprime mortgage crisis hit the nation (and most of the world). TV’s financial pundits were still giddy with excitement over the seemingly never-ending increase in home values, and most Americans thought the good times were here to stay.
In the same month, Doug Casey wrote:
I believe it’s going to get much worse. As people who bought houses with floating-rate mortgages and little money down slip into default, millions of dwellings will hit a no-bid market. And when hundreds of billions in loans go bad, the institutions holding them and the whole American financial structure will be threatened with a deflationary collapse. Millions of people could lose their jobs in an economy that just doesn’t need that many mortgage brokers, real estate speculators, and McMansion builders – or waiters at restaurants those brokers, speculators, and builders can no longer afford. The Fed will try to prevent this by creating more dollars. But then foreigners – and smart Americans – will treat the currency units like hot potatoes.
Pretty darn insightful. But despite all appearances to the contrary, Doug’s insights do not depend on prophetic powers. (In fact, he regards those things as superstitious nonsense.)
What Doug does is the real deal – a combination of good old-fashioned hard work, a profound knowledge of history and economic principles, and an unfailing instinct for lucrative investments.
Here are a few more examples of his amazing “sixth sense”:
- - - * On March 22, 2006, when the gold price was hovering around $550, Doug went on the record saying he was convinced gold were “on the verge of its next big move up, a move I believe will surprise everyone.”
- - - - Two weeks later, gold had climbed up to $640.60 – and closed out the year at an average price of $629.79.
Ever since, we have never seen gold below $600 again.
- - - * In August 2004, Doug published an all-uranium edition of his flagship newsletter. At that time, “the other yellow metal” was selling for $18 a pound. A few months later, it was on its trajectory to the moon – eventually topping out at $136/lb in 2007. One of Doug’s recommendations, Paladin Resources, a uranium junior, went from A$0.08 at recommendation to A$4.86… an unbelievable 5,975% gain.
- - - * Just three months later, Doug predicted that the U.S. dollar, which had been in a continuous slump since summer, would see a comeback very soon. At the time, the dollar was valued 0.74 against the euro. Only one week later, it roared back to life – taking most mainstream investors by surprise.
These mega-picks have continued into the present. But Doug is no longer the lone caller in the desert that he used to be. After more than 20 years of flying solo, he gathered America’s best and brightest around him – a group consisting of three top experts in their own right.
Let’s look at the team that has provided outstanding gains for thousands of investors… """ - - - - - - - - - - the pitch is here https://www.caseyresearch.com/subscr...168ES1109B&kc=




hehehe, one of the best pitches for some time and he has a good track record...

[masalai]

Some interesting pdf documents I downloaded today & yesterday... and earlier "The Trends Journal" by Gerald Celente, and from Market Skeptics, "Gold Games"

[masalai]

When, Oh When are all the mainstream pundits going to wake up and start looking at the basics, the raw data, the fundamentals that are not working in all this economic modeling???

1) - - Jobless = total population less those (ill, disabled, incarcerated etc) unable to work and less those fully occupied in gainful employment (getting paid for it) and not looking to secure more hours of gainful employment... (more likely double the "corrected evaluation" of 22.1%)
2) - - GDP = productivity in producing something of overall gainful use in society, (not stealing/borrowing/revaluing from Fred to sell to Paul) - ADDING actual value... (not paper of 'book' value)... (most likely far worse than the "corrected level" of -5.71%
2) - - Asset is the value of something that someone has recently (within a week of nominate the period) paid for the equivalent item...
3) - - Cost of Living is an actual sample of demographic equivalents, averaging the expenditures of a representative sample of the community (a requirement to keep all receipts for a period of one Week or Month and deliver them to the 'evaluating team' (well above the "corrected" 6.1%)
Real Numbers as reported by Shadowstats.com

Anyone with better ideas/definitions - please do submit same... of STFU keep it brief and simple as politicians cannot understand anything above "Donald Duck" comic book standard...



http://financialsense.com/fsu/editor...2009/1106.html - an inspirational read and relevant to my above rant... (should have read first)

http://financialsense.com/fsu/editor...2009/1106.html - would be a lot higher but for fraudulent market manipulation... Just look at a 10 year chart and smooth the plot out and be aware of the price suppressive manipulation from around 2000 in the gold and silver bullion market... It is the US$ that has fallen in value...

[masalai]

http://www.caseyresearch.com/displayGsd.php - - I love the "cheeky/fun bits and links near the end of his essays - - - one is this - relating to "Mortgage lender Implode-O-meter" case outline here http://www.nhpr.org/node/27722 - - is that an attack on the first Amendment of the US Constitution
http://www.caseyresearch.com/displayCdd.php?id=270

http://www.gata.org/node/7991 "Canada's BNN interviews Agoracom's Peter Grandich on gold" - http://watch.bnn.ca/#clip231575
http://www.gata.org/node/7994 "Franco Nevada chairman Lassonde interviewed by King World News" - http://www.kingworldnews.com/kingwor..._Lassonde.html
http://www.gata.org/node/7995 "King World News interviews silver market analyst Ted Butler" link is at GATA... http://www.kingworldnews.com/kingwor...ls_Market.html
http://www.gata.org/node/7996 "Well-informed crowd in Munich is enthusiastic about precious metals" The US crowd seem stuck on paper and cannot think in terms of tangibles - suckers
http://www.gata.org/node/7997 "Gold suppression is public policy and public record, not 'conspiracy theory'"
http://www.gata.org/node/7998 "Sri Lanka's gold buy estimated at 5.3 tonnes"

[masalai]

hoytedow, masrapido, Tcubed, Frosty, sabahcat, with reference to the original postulation by hoytedow, (I cannot find the original postulation) BUT, it appears the maths is not important... Herewith a copy&paste from Casey's essay http://www.caseyresearch.com/displayCdd.php?id=270

"""So it is with government “job creation”… we lose the goods and services that would have otherwise come into being.
- Consider the Obama administration’s claim that the 640,000 jobs were created from $159 billion of stimulus spending (a cost of almost $250,000 per job, most of which are temporary, and many last for just weeks). But where did that $159 billion come from?
- It came from you and me… the taxpayers. What would we have used that $159 billion for had it not been taken from us?
- Some of us would have spent it on food, some shelter, some luxury goods, and some may have saved and invested the money. Indeed, if that $159 billion had not been taken from us, then every business we would have purchased from or invested in would be better off. They would have received more revenue and produced more goods, and potentially would have hired more people to make and sell those goods.
- But it doesn’t stop there. If that $159 billion had been left in our hands, we would have spent and allocated it on things that are the highest priority for us. This action would have sent a series of signals through the market of what to produce more of and what to invest more in. It would have encouraged competition among suppliers of the various items being purchased, driving them to find more efficient and effective ways to create superior, more innovative products for less. This is how the market creates wealth. Competition spurs innovation and creative destruction, which increases productivity.
- So, instead of the $159 billion, higher employment, more goods and services, and more innovative businesses producing what society values more, we have 640,000 (mostly temporary) jobs producing what society values less… and that’s assuming the administration’s claim is accurate (it's not, but that story is for another day).
- Which scenario do you prefer?"""

- - - US$159,000,000,000 for 640,000 temporary jobs = US$248,437.50 each? could I have two of those temporary jobs please? Be quick now as the value of the US$ is falling fast and I would like to buy something with that money - I don't like wallpaper... I would argue that the money was "created" by Bernanke's printing presses which is then borrowed by the US Government at some interest rate which they, (Goldman Sachs consortium, via the FED), determine... The US Taxpayer then pays FAR MORE than is suggested in the article for it does not include the INTEREST costs...

[Tcubed]

Excellent

[masalai]

Hoytedow, I am sure that you were not the perpetrator of such an error, but the idea was valid, and would have done more good than any other rescue package presented by the Government/FED or the wallstreet economists and associated commentators who did not see the economic disaster coming and so many are still in denial - a firm grasp of basic mathematics would not help them, as they must all be brain dead.... (I will not admit to it but had to use a calculator to affirm your "correction" by TTT...)

[masalai]

Mango season is in full force, and I am having glorious "pigouts" on the large succulent fruit, (one is a meal, 2 is gluttony and three is like being pregnant with a baby elephant)....

[Tcubed]

The above was uploaded i would guess by one of these guys who are terrified of the "new world order", hence the speech baloons for emphasis. Pretend the baloons are not there.
I have my own thoughts about the NWO but will save that for later.

[masalai]

Fantastic Do you have the link at hand as I would like to forward it . . . Is that what would be called "mainstream media" and in "prime time"? - - That really said it like it is and put the talking head interviewer back a few paces.... SOCK IT TO THEM - - I found a link that gave me full screen video (degraded & chopped in size) on my HD screens

[Tcubed]

http://www.youtube.com/watch?v=UpgZx...layer_embedded

[Boston]

on the old personal economic front
I responded to the fraudulent bill for $910 with a written complaint to
Denver police dept.
Denver district attorney
Better Business Bureau
FCC
T-Mobile
and the bill collectors

Ill spare you the details but it ended with

Ill make you a counter offer Mr Bill Collector
I’ll not pay you a dime and you go explain yourself to the judge

cant wait to hear back from them

cheers
B

[masalai]

http://www.cnbc.com/id/33632775 Half fact - half bull in "news", makes up less than a quarter of the screen space then TONNES of ADVERTISING, and Murdock wants to charge for access to the likes of this misinformation and 50 year old motherhood statements

Here is the text part of the excellent link find by Tcubed .... Pity the presentation was sooooo brief and derisory on the part of the interviewer... http://www.cnbc.com/id/33709379

TTT, Post away, New News is Good news - - - That last one set me off to have a look around, What a pity the deniers are so stupid I enjoyed the look around though...

Boston, Good on ya, Best wishes, SOCK IT TO EM

"Oil Will Replace Dollar as Reserve Currency" as a lead in CNBC - - WTF - who is a little ******** then It is a scarce resource (almost totally depleted)
"World's Biggest Oil Reserves" Pages and pages of "slides" of statistical ******** & 90% advertising.... Another WTF Lots of this belong in the "Grumpy...." thread... but is fun NO?