MinKL Invest

Monday, 10 October 2011

Capitalism Collapse? 'Cash grab system cannot survive storm'

RussiaToday | Oct 9, 2011

There is barely a corner of the globe that has not been touched by the current financial meltdown. But a senior sociology scholar at Yale University thinks the crisis is far wider than the economic crash - it is capitalism itself which is collapsing. Immanuel Wallerstein explained his theory to RT.

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Euro Reckoning Amongst Long Term Threats | International Forecaster Weekly Bob Chapman The International Forcaster

October 8 2011: The political importance of saving the Euro and the countries within it, six sovereign defaults in europe, more disruption to come in the financial markets, Germany preparing for the worst, the seed of doubt for the Euro, more job cuts stateside, unemployment now a semipermanent condition for many in the US.

Saving the euro, the euro zone and the European Union obviously is far more important to Europe politician’s and their masters than any national interests. After having lost seven elections in a row the Christian Democratic Union and their partners in Germany still voted 523 to 85 for an extension of money and power to the European Financial Stability Facility, the EFSF. We would say the yes voters stand a good chance of defeat at their next elections, especially when 75% of Germans were at odds with the vote. The big loser was the CDU partner’s, the Free Democratic Party that under the constitution must garner 5% of the vote to stay eligible. The power position of the CDU could well be in jeopardy.

The Bundestag committed $590 billion to the EFSF of which Germany will provide $283 billion or almost half to resurrect euro zone economies. What did come from all parties is that they will refuse to commit one more pfennig to bailing out the six wayward countries. They opposed any effort to leverage the allocated total, there would be no Eurobonds, and they voiced opposition as being implacably opposed to moving decisions on monetary and fiscal policy out of the hands of sovereign states. There should be no expansion of policy to the EFSF under any circumstances. The next question will be how long will the funds last? Probably six months to a year and then the problem starts all over again.

http://theinternationalforecaster.com/International_Forecaster_Weekly/Euro_Reckoning_Amongst_Long_Term_Threats

Saturday, 8 October 2011

111006 - Hyper Report

by HyperReport on Oct 6, 2011

Source Links for Today's Items:

Euro Jumps As US Taxpayers Are Latest Source Of European Bailout
http://www.zerohedge.com/news/euro-jumps-us-taxpayer-are-latest-source-europe...

Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined
http://www.cnsnews.com/news/article/obama-has-now-increased-debt-more-all-pre...

Extreme Increase in Demand for Physical Gold & Silver Globally
http://kingworldnews.com

Junking the Junk Mail Office
http://online.wsj.com/article/SB10001424052970204524604576610600937347950.html

Solyndra E-mails: Dept. of Energy was poised to approve $469 million for firm
http://www.washingtonpost.com/politics/solyndra-e-mails-dept-of-energy-was-po...

CBS News Reporter Says White House Screamed, Swore at Her Over Fast and Furious
http://www.weeklystandard.com/blogs/cbs-news-reporter-says-white-house-scream...

Apple's Steve Jobs Is Dead
http://online.wsj.com/article/SB10001424052702304447804576410753210811910.html

Other Items:
Average Gas Price - http://gaspricewatch.com
Brent Crude Oil Price - http://livecharts.co.uk
Other Commodities (Ag,Au, etc...) - Kitco Phone Ap
SGR is calculated by Au/Ag
The content contained in the Hyper Report is provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and before making any significant investing decisions. All stories are sourced and assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.

This video is protected by the Fair use Act-Title 17 Chapter 1, Article 107 pertaining to the use of copyrighted works to illustrate an opinion, or for educational purposes...

Thank you.

Moody's Credit Rating for each country - Aug 2011

Moody's Credit Rating for each country

via chartsbin.com

via chartsbin.com All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.