Search Results for: warren buffett

Warren Buffett vs his gold bug father Howard Buffett

Warren Buffett gold derivatives

By Filip Karinja Warren Buffett’s distaste for gold is well known and promoted in the mainstream media. One thing that’s not well known or promoted is that Buffet’s father, Howard Buffett, a four-term Republican Congressman, believed in the role of gold as money and was a huge advocate for the gold …

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JP Morgan CEO best to lead Treasury in crisis, Buffett the puppet says

Warren Buffett

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon would be the best person to lead the U.S. Treasury Department in a financial crisis, billionaire investor Warren Buffett said. “If we did run into problems in markets, I think he would actually be the best person you could have in the job,” Buffett said …

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How Stock Market Behavioural Finance Can Be Used on Consumers

Most people probably don’t realise that emotion and human feeling comes into the stock market analysis too. While it is largely a numbers game, and the industry and sector play a huge part – not to mention how the stock market itself is faring, two companies with similar numerical stats …

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Rothschild family is worth more than the top 8 billionaires in the world

Rothschild family top 8 billionaires Lord Jacob Rothschild

A recent report by Oxfam International highlights the dramatic rise in income equality by noting that the combined wealth of the world’s top 8 individual billionaires is more than the lower half of the world’s population, some 3.6 billion people. The intention of the report was to bring awareness to the unfairness …

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Global derivatives: $1.5 quadrillion time bomb

Finance chart derivatives

When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements (BIS) data show around $700 trillion in global derivatives.  Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion – …

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Rich list: 80 people with more money than 1/2 of humanity

Super rich elite yacht

Since the “financial repression,” the most powerful people have only gotten more powerful. A 2013 Oxfam report found that 80 people had as much wealth as 1/2 of humanity, and a few months later Forbes said the number had dropped to 67. Many of us asked who exactly these people are, …

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Elizabeth Warren defends Israeli attacks on Gaza schools and hospitals

Senator Elizabeth Warren

Israel has the right to shell Palestinian hospitals and schools out of ‘self defense’ as long as Hamas stores rocket launchers next to them, US Sen. Elizabeth Warren said during a town hall meeting in Massachusetts this week. Warren, darling du jour of American liberals, defended her vote to send more …

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Links between Citigroup and government exposed

Wall Street

Citigroup is a very large bank that has amassed a huge amount of political power. Its current and former executives consistently push laws and regulations in the direction of allowing Citi and other megabanks to take on more risk, particularly in the form of complex highly leveraged bets. Taking these …

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Put big bank CEOs in jail – Senator Elizabeth Warren

Senator Elizabeth Warren

Sen. Elizabeth Warren (D-Mass.) This past weekend, the Department of Justice slapped a record fine on JPMorgan Chase for packaging and selling the mortgage-backed financial products that helped cause the financial meltdown. But Sen. Elizabeth Warren (D-Mass.) wants the administration to know that fines are not enough. On Wednesday, she called on …

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The JFK Assassination (November 22, 1963) 50 Years Later

jfk limo

November 22, 2013, is the 50th anniversary of the assassination of President John F. Kennedy. The true story of JFK’s murder has never been officially admitted, although the conclusion that JFK was murdered by a plot involving the Secret Service, the CIA, and the Joint Chiefs of Staff has been …

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The Clintons and their banker friends

Hillary Clinton Wall St

The past, especially the political past, doesn’t just provide clues to the present. In the realm of the presidency and Wall Street, it provides an ongoing pathway for political-financial relationships and policies that remain a threat to the American economy going forward. When Hillary Clinton video-announced her bid for the Oval Office, …

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US military to search through 350 billion social media messages

US military search social media messages

The US military plans to analyze 350 billion social-media posts from around the world to help it track how popular movements evolve. A tender for the project, based at the Naval Postgraduate School in Monterey, California, calls for screening messages from at least 200 million users from more than 100 countries in …

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US military increases weapon airdrops to Syrian opposition

US weapons airdrops Syrian opposition ISIS

A growing number of opposition groups in Syria are getting increased weapons and ammunition supplies from the US Air Force to ‘fight ISIS’, according to US media reports citing the country’s military. The weapons are intended for opposition forces closing in on IS’s self-proclaimed capital Raqqa in Syria, USA Today …

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You know you are a conspiracy theorist if…

Conspiracy theorist tin foil hat

You are capable of critical thinking. You distrust mainstream media. You like nature. You think it’s a good idea to spend the Friday after Thanksgiving with your family rather than camping outside Best Buy to get a cheap plasma television made in China. You think it’s a little strange that WTC …

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US sells over $4b in weapons to Israel, Iraq and Saudi Arabia

Bunker buster bomb

War, what’s it good for? Aside from countless deaths of innocent civilians of course, it means a GDP boost for the biggest exporter of weapons on earth, the United States, and even more profits for the US military-industrial complex. Profits which mean the shareholders of America’s arms manufacturers get even …

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Australia will be a casualty of the currency wars

Australian money currency

The world’s most powerful nations are sitting on zero interest rates and printing money to get their currencies down, and there’s very little Australia can do about it, writes Alan Kohler. The currency war will be on in earnest in 2013 as the United States, Europe, Japan and China all …

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