GreenspanBaffledOverBitcoin ‘Bubble’: "To Be WorthSomething, ItMust Be BackedBySomething" http://feedly.com/k/1kcE0ZU "Inorderforcurrenciesto be ‘exchangeable’ theyhaveto be backedbysomething," is the remarkably ironic initial comment from none other than debaser-of-the-entirely-fiat-dollar Alan Greenspan when asked about the "bubble in bitcoin," by Bloomberg TV’s Trish Regan. Unable to "identify the intrinsic" backing of Bitcoin (or see bubbles in equity, credit, real estate, or greater fools) Greenspan is, apparently, capable of identifying … Seguir leyendo Greenspan Baffled Over Bitcoin ‘Bubble’: «To Be Worth Something, It Must Be Backed By Something»

WagesRelativeToProfitsDropToAll Time Low http://feedly.com/k/1cYvNGk Gettingpaid miserable wages? Don’tfret – justbuythestockofyour (hopefullypublic) employer, and hope and pray that this time is different, and that light at the end of the tunnel is the not the next latest and greatest (and likely last) stock market collapse, in the ultimate trade off of current pay for capital gains: 19 quarters in and Labor Compensation is flat with where … Seguir leyendo Wages Relative To Profits Drop To All Time Low

Es decir nosotros hacemos el acto altruista y ellos se llevan la pasta, va a donar su puta madre. A partir del 1 de enero la Comunidad de Madrid dejará en manos de esta entidad privada la gestión del Centro de Transfusiones de la región. Cruz Roja hará negocio con las donaciones de sangre. La entidad privada, que a partir del 1 de enero se hará … Seguir leyendo Cruz Roja cobrará 67 euros por cada bolsa de sangre que reparta entre los hospitales madrileños

Brazil’smarketsdeterioratingonrisinguncertainty http://feedly.com/k/188Z17R Brazil’s economy contracted in the 3d quarter for the first time since the Great Recession. This was not entirely unexpected, though the drop was worse than economists had estimated. Reuters: – Brazil’s economy contracted in the third quarter for the first time since early 2009 as a steep drop in investment showed flagging confidence in what was recently one of the world’s most … Seguir leyendo Brazil’s markets deteriorating on rising uncertainty

SilverSlumpsTo $19 As Precious Metal SmackdownContinues http://feedly.com/k/188u0AP The overnight session was relatively quiet as precious metals trod water while equity markets tumbled. However, as the US equity cash session looms, silver and gold are coming under renewed selling pressure (and the USD bid) in a seeming effort to provide some rotational bid to stocks into the open (just like yesterday). This is the lowest for … Seguir leyendo Silver Slumps To $19 As Precious Metal Smackdown Continues

Stocks Are HavingTheirWorstDayIn A Month http://feedly.com/k/188tQtl Since Friday’s holiday-shortened session, US equities have tried and failed to sustain the exuberance of the month, quarter, year. Volumeisheavy but postive breadth is becoming narrower with fewer and fewer names leading the rise and the break in EURJPYisweighingheavilyontheoverallmarkets as stocks catch down to recent indications from bonds, the USD, precious metals, VIX, and credit that the Fed taper … Seguir leyendo Stocks Are Having Their Worst Day In A Month

One "Big" ProblemWithBitcoin… http://feedly.com/k/1cTwErQ SubmittedbySimonBlackofSovereignManblog, At this point, you’d pretty much have to be living under a rock to have not heard of Bitcoin. I actually asked this question (‘have you been living under a rock?) to someone recently who proudly proclaimed that he had never heard of Bitcoin, almost expressing gratification in his ignorance of a game-changing model. Bitcoinisonfire. Mainstream media coverageiseverywhere. Today, in … Seguir leyendo One «Big» Problem With Bitcoin…

Another Central BankWarnsOfBitcoinRisks http://feedly.com/k/188sGhm First theECB, then theFed, and now the Dutch central bank have come out and explicitlywarnedofthedangersof virtual currencies like Bitcoin and Litecoin. Their explicit statement this morning, raising questions about deposit guarantees, central issuer responsibility, and volatility do their best to inform potential users (or traders) of the alternative currency that it is the devil incarnate. It seems, despite the mainstream media’s … Seguir leyendo Another Central Bank Warns Of Bitcoin Risks