A source in mergers and acquisitions out of Europe has alerted King World News that Carlos Slim may be looking to enter the silver market in a big way. Gold and silver are in big bull markets and this is attracting the attention of some of the smartest money around the globe. James Turk commented, “If this deal does happen Eric, this is going to make the silver shorts choke.”
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Thanks to the producers of this short film for sending it our way.
A 10% cap on credit card and other interest rates...
This report shows that banks made $39 billion in overdraft fees in 2009. That is an all-time record. Let that sink in. You bailed them out and they respond by hiking fees.
Thirty-nine billion.
"It could be the most exciting social movement to come out of the financial crisis: a movement to cap interest rates at 10%. This video captures the birth of the movement -- on July 22nd, when simultaneous rallies in five U.S. cities and London put the biggest banks on notice."
10 minute version...
Sheila Bair looks especially embarrassed. When Wall Street captured Chris Dodd can make you appear as regulatory tools, you're probably not having one of your best days.
List compiled by Larry Doyle of Sense on Cents...
Larry is also President of Greenwich Investment Management.
With 2010 now close to being in the rear view mirror, I am compelled to provide my accolades and derision to those who did or did not embrace Sense on Cents perpetual pursuit of truth, transparency, and integrity. My lists are certainly far from complete. I welcome and encourage an open, healthy debate with these selections. The numbering of my picks is based on the calendar–that is, when I referenced these individuals/institutions during the course of the year– more than on any degree of fame or shame.
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Runs just 3 minutes. Huge government restructuring and intervention is on the way. Next year will be a killer.
Jan 4, 2011 at 1:49 PM
