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Everything posted by halight

  1. halight


    Iv started this thred as things are really starting to hot up in Syria. Some posters might like to keep upto date with how things in the middle east are playing out. Others may like to chat about whats going on and any outcomes. So chat away !
  2. Ok to follow on from Dr Bubbs thread on survival, I thought I would start one on preppers. A bit about who/what they are. What they do. And things that you can do too. Also useful websites.
  3. Marc Faber A thread to talk and post news updates. About Marc Faber. BORN AND EDUCATED in Switzerland, Marc Faber's distinct voice is a common sound on CNBC and Bloomberg TV when it comes to big-picture forecasting in investments. The contrarian views of his "Gloom, Boom & Doom Report" often garner headlines, but Faber does go along with the crowd when it comes to pointing out the dangers of rising government debt and unabated monetary intervention. ------------------------------------------------------------------ Marc Faber From Wikipedia, the free encyclopedia Background Faber was born in Zürich and schooled in Geneva, Switzerland,[1] where he raced for the Swiss National Ski Team. He studied Economics at the University of Zurich and, at the age of 24, obtained a Ph.D. degree in Economics magna cum laude.[2] Faber is best known for the Gloom Boom & Doom Report newsletter and its related web site featuring "Dance of Death" paintings created by Kaspar Meglinger.[3] During the 1970s Faber worked for White Weld & Company Limited in New York City, Zürich, and Hong Kong. He moved to Hong Kong in 1973. He was a managing director at Drexel Burnham Lambert Ltd Hong Kong[4] from the beginning of 1978 until the firm's collapse in 1990. In 1990, he set up his own business, Marc Faber Limited. Faber now resides in Chiangmai, Thailand, though he keeps a small office in Hong Kong.[5] Faber has a reputation for being a contrarian investor and has been called "Doctor Doom" for a number of years. He was the subject of a book written by Nury Vittachi in 1998 entitled Doctor Doom - Riding the Millennial Storm - Marc Faber's Path to Profit in the Financial Crisis.[6][7] Faber has become a frequent speaker in various forums and makes numerous appearances on television around the world including various CNBC and Bloomberg outlets, as well as on internet venues like Jim Puplava's internet radio show.[8] Dr. Faber's also engaged the Barron's Roundtable[9] and the Manhattan Mises Circle, lecturing on "Mirror, Mirror on the Wall, When is the Next AIG to Fall?"[10] [edit] --------------------------- Marc Faber Ltd. Faber's company, Marc Faber Limited, acts as an investment advisor concentrating on value investments with tremendous upside often based on contrarian investment philosophies. Faber also invests and acts as a fund manager to private wealthy clients. Faber is a regular speaker on the investment circuit, often quoted in the financial press for his non-conformist viewpoint and alternative investment philosophies. His current tag-line is: 'buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value diminish to almost nothing over the next 20 years'[citation needed] Faber is famous for advising his clients to get out of the stock market one week before the October 1987 crash.[11][12] However Faber said that this prediction was "accidental". He lost money shorting US stocks in 1999 although his call was later vindicated. He admits that market timing is very difficult. Nevertheless, his market advice since 2000 is quite accurate. Faber predicted the rise of oil, precious metals, other commodities, emerging markets, and especially China in his book Tomorrow's Gold: Asia's Age of Discovery. He also correctly predicted the slide of the U.S. dollar since 2002[13] and the 5/06 and 2/07 mini-corrections.[citation needed] He stated that there are few value investments available, except for farmland and real estate in some emerging markets like Russia, Paraguay, and Uruguay.[9] He believed in early 2007 that a major market correction was "imminent." (Fox News, 2-2007); however, by 5/2007 he was saying that U.S. equities were moderately overvalued — less so than those of emerging markets. In a June 2008 interview with Bloomberg, he goes over his bearish views on a wide spectrum of investments: stocks, real estate and commodities. He is extremely critical of the Fed's inflationary actions. However, his views for the short-run were almost entirely deflationary except for holding precious metals; Faber still views hyperinflation as a certainty within the next 10 years. He also correctly expressed temporary bullishness for the U.S. dollar in the middle of 2008 before it dramatically recovered and positive expectations for holding the Japanese yen.[14] In December 2008, Faber said, "I think a recovery will not come in the next couple of years, maybe in five, ten years' time" [15] On March 9, 2009, Faber correctly predicted a U.S. stock market bottom but incorrectly stated that the rally would last only six months.[16] http://en.wikipedia.org/wiki/Marc_Faber
  4. My fears for children in shadow of economic crisis, by Sir Mervyn King Read more: http://www.dailymail...l#ixzz2ABoRBmBG Follow us: @MailOnline on Twitter | DailyMail on Facebook Children will ‘live under the shadow’ of Britain and the rest of the world’s economic crisis ‘for a long time to come’, the Bank of England governor warned last night. Sir Mervyn King recalled the ‘memorable’ sound of a choir of Welsh children between the age of nine and 13 at the Olympics opening ceremony singing Cwm Rhondda. He said one of the biggest challenges of his job is to give these singers and other children 'the opportunities to make the best possible use of their talents in a vibrant economy.' Economy will hang over the UK's children for some time, says Bank of England governor 'Encouraging signs' but fears remain over youth unemployment
  5. Looking Back on the Limits of Growth Forty years after the release of the groundbreaking study, were the concerns about overpopulation and the environment correct? By Mark Strauss Read more: http://www.smithsonianmag.com/science-nature/Looking-Back-on-the-Limits-of-Growth.html#ixzz1tFX5cgsg Recent research supports the conclusions of a controversial environmental study released 40 years ago: The world is on track for disaster. So says Australian physicist Graham However, the study also noted that unlimited economic growth was possible, if governments forged policies and invested in technologies to regulate the expansion of humanity’s ecological footprint. Prominent economists disagreed with the report’s methodology and conclusions. Yale’s Henry Wallich opposed active intervention, declaring that limiting economic growth too soon would be “consigning billions to permanent poverty.” Story and graphs at link ========================================= I hope this fits in here on main and that some of you enjoy this story.
  6. Derelict Detroit : will it be dissolved ? Derelict Detroit: Gloomy pictures chart the 25-year decline of America's Motor City Read more: http://www.dailymail...l#ixzz2892yBQLG Follow us: @MailOnline on Twitter | DailyMail on Facebook ============================================================ Loads of photos at the link. Im not going to post any on this thread but its worth going to the link to have a look at them and to read the story. I think the photos should act as a warning, What can become of a once great city, If it can happen there it can and dose happen in other places and could well happen were you live.
  7. halight

    Black Swan.

    http://blackswanevents.org/ Discovering events that matter. Black Swan lets you explore history from a whole new perspective. It allows users to augment over 400 statistical time series (each containing annual data items for as many as 200 countries over the last 200 years) to find out how different socioeconomic developments correlate with certain historical events. Once you have detected a link between a statistical outlier and an event, Black Swan can indicate similar patterns. The following video illustrates the motivation and core idea of the Black Swan prototype: I have just found this site. Im sure that some of you will find it of vaule. Enjoy!
  8. Global warming stopped 16 years ago, reveals Met Office report quietly released... and here is the chart to prove it Read more: http://www.dailymail...l#ixzz29FxY4UzD Follow us: @MailOnline on Twitter | DailyMail on Facebook The figures reveal that from the beginning of 1997 until August 2012 there was no discernible rise in aggregate global temperatures This means that the ‘pause’ in global warming has now lasted for about the same time as the previous period when temperatures rose, 1980 to 1996 This ‘plateau’ in rising temperatures does not mean that global warming won’t at some point resume. ================================================ Please read the story at link,
  9. Fukushima Radioactive Ocean Impact Map - March 2012 Update http://www.collapsenet.com/free-resources/collapsenet-public-access/must-see-videos/item/6974-fukushima-radioactive-ocean-impact-map-march-2012-update
  10. Really enjoyed the pod cast, Ive not read the book yet or even own a copy of it, Its on my Christmas list., If I don't get a copy then I shall be buying one In the new year. Its a very interesting topic, On that should be more mainstream, Maybe over the next few years it will it will become "more out there" I do believe that change is just around the corner, What the new world looks like and how it will work Comes down to who are willing to take part In it. Change dose happen. But it takes a long time to come about. Things move at a snails pace.
  11. Buffett: Bonds Among Most Dangerous Assets Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said low interest rates and inflation should dissuade investors from buying bonds and other holdings tied to currencies. “They are among the most dangerous of assets,” Buffett said in an adaptation of his annual letter to shareholders that appeared today on Fortune magazine’s website. “Over the past century these instruments have destroyed the purchasing power of investors in many countries, even as these holders continued to receive timely payments of interest and principal.” Buffett, 81, who built Omaha, Nebraska-based Berkshire from a failing textile maker into a firm selling insurance, energy and jewelry through acquisitions and stock picks, echoed Laurence D. Fink, chief executive officer of BlackRock Inc. Fink said this week that investors should be 100 percent in equities, because of depressed stock valuations and the Federal Reserve’s pledge to keep interest rates low. “High interest rates, of course, can compensate purchasers for the inflation risk they face with currency-based investments -- and indeed, rates in the early 1980s did that job nicely,” Buffett wrote. “Current rates, however, do not come close to offsetting the purchasing-power risk that investors assume. Right now bonds should come with a warning label.” The Fed has kept borrowing costs near zero, and said last month that economic conditions may warrant “exceptionally low levels” for rates through at least late 2014 to boost the economy and put more Americans back to work. Buffett said other currency-based investments that may pose a risk include money- market funds, mortgages and bank deposits. Berkshire still holds bonds, primarily Treasuries, for liquidity, and has a preference to invest in companies by buying them outright or acquiring stock, Buffett said. The firm purchased Lubrizol Corp. for about $9 billion and took a more than $10 billion stake in International Business Machines Corp. last year. Berkshire had more than $68 billion of equities as of Sept. 30 including the largest stakes in Coca-Cola Co. and Wells Fargo & Co., the biggest U.S. bank by market value. Fixed-maturity investments of about $34 billion included holdings of government debt, corporate bonds and mortgage-backed securities. Cash (BRK/A) and cash equivalents were about $34.8 billion. The Standard & Poor’s 500 Index has climbed 7.3 percent this year through yesterday after being little changed in 2011. Yields (USGG10YR) on 10-year Treasuries rose above 2 percent for the first time in two weeks yesterday after touching a record low of 1.67 percent in September. Read the rest oif the story at the website. Link http://www.bloomberg.com/news/2012-02-09/buffett-says-bonds-are-among-most-dangerous-assets-on-low-rates-inflation.html
  12. Hackers post details of a MILLION Apple ID codes they claim were taken from an FBI laptop Questions raised over why the FBI had the data, which is believed to include user names, device names and phone numbers Antisec group claims to have over 12 million IDs - but has not released the most personal data Read more: http://www.dailymail.co.uk/sciencetech/article-2198067/Hackers-post-details-MILLION-Apple-ID-codes-claim-taken-FBI.html#ixzz25VHRqfKv ===================================================================== Some members may be Interested In This.
  13. The U.K. Is Not O.K. http://www.financialsense.com/node/7935?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+fso+%28Financial+Sense%29&utm_content=My+Yahoo&utm_term=FSO
  14. I will have a listen to that this week. Thanks for posting it.
  15. I still have not seen this film. I do intend to have a look at it.
  16. Yes I also believe that some Full Investigation's are used as away to make problems go away and also to help shut the people up. This time I do not believe that will happen.
  17. Food is 'too cheap' and encourages consumer waste, says exec at global food giant Sustainability chief at Unilever says low prices encourage waste Is urging consumers not to throw food away Read more: http://www.dailymail...l#ixzz2BYlVwmMh Follow us: @MailOnline on Twitter | DailyMail on Facebook Waste: An executive at Unilever says food is 'too cheap' and is being wasted, driving up production needs as the global population grows WRAP, the food waste group, said Britons throw away 7.2 million tonnes of household waste each year, around £680 of food per family. The group adds that around 4.4 million tonnes of this is edible food. The good news is Britons are actually throwing away less than they were. Between 2007 and 2010, households reduced their food waste by 1.1 million tonnes. Earlier this year fast food restaurants, pubs, hotels and catering firms, such as Greggs and McDonalds, agreed new voluntary targets to cut food waste over the next three years.
  18. John Doe, I know people that any sort of talk about the money In there pocket has no "real value" and any talk about its "end game". Would put any of us in the same group as people who believe that lizard people live under ground and rule over us. Everyone has there limits on what they are willing to understand and go along with.
  19. I would like to say something On this, I have a idea that may help. There are some areas of this forum that are used very little. Could we not change the name of one of them to "controversial" This area could be used to chat about pedo's ET's living on the earth. Peppers and anything else that is along the line of controversial chat. The fringe area can stay the same for fringe ideas and chat along those line. The main board can then be use'd for ideas that we "Think" are main. We all here believe that Gold chat, Chat about the paper money "end game" Chat about peak oil and things along them lines belong In main. But there are plenty out there who very well may think ideas like this are controversial, To use they are not. ​We all need to believe in and defend open and free speech, And open ideas.
  20. halight

    Food is 'too cheap'

    This will be a big problem In years too come!
  21. halight

    Food is 'too cheap'

    I also know people that only use the Breast meat of a chicken. the rest just gets dumped. Some people don't know what to do with the rest. They have chicken as there Sunday lunch and that's it. They don't know how to use the rest of the chicken in a sit fry. Or use it in a curry. Both very simple and quick ways to use up left over meat from your Sunday roast. Some people think that Sir fry and curry's only come from a take away.! Other people are Just too lazy to cook home made meals. In our House we try to use all of any meat Joints or Birds that we cook. My wife happens to be a great cook. Most left overs In our House get used up. We Give some of the veg and fruit left over's to our chicken's if we don't use them ourself s.
  22. halight


    The Economics of Disaster by Ron Paul - Daily Paul Published : November 06th, 2012 464 words - Reading time : 1 - 1 minutes http://www.24hgold.com/english/news-gold-silver-the-economics-of-disaster.aspx?article=4117175380G10020&redirect=false&contributor=Ron+Paul
  23. halight


    Well we wont have long to wait now to hear who win's
  24. Forget the storm. The real dangers facing America are hatred, division and a collapsing political system Read more: http://www.dailymail.co.uk/debate/article-2226558/Superstorm-Sandy--US-election-The-real-dangers-facing-America-hatred-division-collapsing-political-system.html#ixzz2B5BqANSz Follow us: @MailOnline on Twitter | DailyMail on Facebook
  25. Yes Good on him for getting the Message out there into the normal press.