May 27th, 2010 by Rich
Now that the BP leak was partly capped, the Director of Minerals Management Service resigned for not cleaning up corruption in 11 months dating from at least the last three administrations, markets breathed a sigh of relief that China, Kuwait and Russia weren’t shorting Euroland and backing North Korea and Moody’s kept the good ol’ [...]
May 25th, 2010 by Rich
Now that Lost is gone and Idol about to wrap-up, maybe it’s time again to begin with a review what Jubilee Prosperity is about.
We repeat ourselves for emphasis, rather than ADHD.
The New International Bible had 20 references to Jubilee in Leviticus and Numbers.
A Jubilee was seven Sabbaths of years, a consecrated 50th year when all [...]
May 22nd, 2010 by Rich
Buying a great bank on bad news.
In 1989 Japan was poised to do what it did not accomplish in 1945 – take over the world – by zaibatsu pyramid power industrial strength finance, not force.
http://en.wikipedia.org/wiki/Zaibatsu
Japanese Banks, Brokers and Corporations were then the biggest in the world, and downtown Tokyo Real Estate was
worth [...]
May 22nd, 2010 by Rich
By Rich Cash
With Shadowstats.com 1980 methodology CPI at 10%, perhaps it is time to finally face financial reality.
http://www.shadowstats.com/alternate_data/inflation-charts
We are not going up anymore. We are going down.
CPI methodologies were repeatedly revised in the 80s and 90s by government economists to reduce government COLA Cost of Living Adjustments.
This also disguised the [...]
May 15th, 2010 by Rich
These may be the times that try men’s souls.
Early last December 2009 we posted a sell on gold that profited until this week.
As Gold and panic hit new highs today at 1249.70, can financial salvation be as simple as saving the long-dismissed Dollar hitting new highs at 86.25?
Like GE NBC studios at Rockefeller Center, people [...]
May 11th, 2010 by Rich
Wall Street vs Main Street;
Africa, Americas, Asia, Australia and Europe Notwithstanding
By Rich Cash
Many market pundits since claimed they predicted the ten-minute 1000-point Market Meltdown last Thursday 6 May 2010.
Many ex post facto analysts called or wrote it as Computer Glitch, Fat Finger, Greek Riots, Goldfinger, Hedge Fund Unwinds, Margin Calls, Oil Spill, Running Stops, [...]
May 6th, 2010 by Rich
Aloha All
We note belatedly NOAA over the weekend reported significantly higher solar electrons and X Rays
affecting earth’s magnetic fields.
In the past, these events correlated with significantly higher market volatility.
It may pay well to keep a daily eye on http://www.n3kl.org/sun/noaa.html at the lower left corner of Jubilee Prosperity.
Regards*Rich
*
http://byebyeboxer.com/
http://www.jubileeprosperity.com/
May 3rd, 2010 by Rich
Buying Quality on Bad News
[This is a corrected enhanced enlarged revision of our first BP post on Monday 3 May 2010 when BP traded at a low of 47.35.]
Every now and then our beneficent universe hands us a splendid opportunity to make lemonade out of lemons, to find the silver lining of the dark [...]