Oil drilling platform

Mideast Oil Loses Some of its Power

On his way back from the Yalta conference in February 1945 where US President Franklin D. Roosevelt met with Great Britain’s Winston Churchill and the Soviet Union’s Stalin, the American president made an unscheduled stop in Egypt where he met with Saudi Arabia’s King Abdel Aziz ibn Saud aboard the USS Quincy, in the Suez Canal’s Great Bitter Lake. The basis of the meeting was to ensure that Americans would have an uninterrupted supply of oil.

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The MI-5 Guide to Foreign Exchange Risk

Help Wanted MI5- Work Location- Classified, Job Description- Classified, Skills Needed- Classified, Tools Needed- Classified … Apply Now A government department is advertising for a Head of Health and Safety according to Moneycorp that department is the Security Service, otherwise known as MI5. The ad on the department’s website is not the most informative ever.

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Savings Tips for Brits

The Bank of England’s recent announcement on interest rates represented a double-edged sword for savers. Under the new leadership of Mark Carney, the bank unveiled a radical new policy of ‘forward guidance’ that promises to keep rates on hold until official unemployment figures fall from their current rate of 7.8% to 7%. According to the bank’s predictions, this could see interest rates remain at ultra-low levels until after the 2015 General Election. 

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Gold

Signs of the Top

It  may seem like we are constantly beating the drum of a top in the market with recent articles like  the NASDAQ ROC stock commentary , Obama’s Comments Worry Stock Bulls and today’s Signs of the Top, but each of these articles was developed separately by different authors from different points of view although  Beware of Bears was written by

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Hand-held taser

No More “Blood in the Streets”

he rise of humans from fearful creatures huddled around cave fires to the dominant species on the planet largely parallels the evolution of weaponry. Different subgroups rose and fell, spreading their culture or declining in influence as they either came up with the new best thing with which to slaughter their neighbors or fell behind in the innovation game. Club, axe, spear, atlatl, sword, longbow, crossbow, catapult, gun, bomb, artillery, really big bomb—all have had their day.

We even delineate historical epochs by naming them after the dominant weapon technology of the time: Stone, Bronze, Iron, and the modern era, which might accurately be termed the Gunpowder Age. Over time, the one constant has been to invent a technology that conferred an advantage on the user in battle—or else served as protection against what the other guy had. And the reason for wielding any given weapon has always been to maim or, preferably, kill one’s adversary. Before one got one’s own self killed, of course.

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Obama’s Comments Worry Stock Bulls

Today Chris Ciovacco points to some other indicators that are beginning to turn negative.  Of course, we are coming to the end of the summer doldrums and so we could see a reversal of fortunes as we enter the fourth quarter but we still have to make it through the notorious months of September and October. Remember the ROC has not issued a sell signal yet but just a preliminary warning.

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Gap Developing: Demographic Trends and GDP

In today’s article we look at, what effect do the three “D’s”  debt, deficits, and demographics have on the economy? Do different generations have different expectations based on the economic environment they grew up in? The past 60 years—which we think of as “normal”— enjoyed a demographic tailwind which we can quantify. It was worth

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