Archive for September, 2007
UK: Homeowners Face Payment Shock
September 29th, 2007Via: Financial Times: Homeowners with patchy credit histories are set to face a 26 per cent jump in their monthly mortgage payments due to the global credit squeeze, according to a new report. Standard & Poor’s, the ratings agency, said that 80,000 UK borrowers who are due to come to the end of existing mortgage […]
Congressman: State Department Official Threatened Investigators
September 29th, 2007Via: McClatchy: Aides to State Department Inspector General Howard Krongard threatened two investigators with retaliation this week if they cooperate with a congressional probe into Krongard’s office, the chairman of a House of Representatives panel and other U.S. officials said Friday. The allegations are the latest in a growing uproar surrounding Krongard. Current and former […]
CIA Jet Used for “Rendering” Suspects Crashes with Four Tons of Cocaine on Board
September 29th, 2007Just another day at the office. Full text follows. Via: McClatchy: U.S. authorities are assisting the Mexican government in the investigation of an American business jet that crashed near Cancun this week with four tons of cocaine on board, officials said Thursday. One of the men listed as the registered owners of the plane, Joao […]
Several Readers Contribute to Cryptogon
September 29th, 2007The following readers sent contributions: PR $50 RH $25 RR $20 Thank you all very much. Thanks also to the owner of japanexclusive.com for choosing to host with BlueHost. Cryptogon received $65 as a result.
Gold: Tactical Assessment
September 29th, 2007Warning: This is not a recommendation to buy, sell or hold any financial instrument. Since many of you won’t know your stochastic from your MACD, I’m going to summarize this right at the beginning. Summary: Use extreme caution if considering adding to long gold positions in the near term. There is a strong possibility of […]
U.S. Federal Regulators Close NetBank
September 28th, 2007Watch those FDIC limits, people. (And in any real crisis, forget FDIC.) While the Federal Reserve and the U.S. Government are eroding the value of your dollars by the minute, at least they’re going to guarantee you 100,000 of the things on deposit. How many loaves of bread you’ll be able to buy with your […]
GOLD BREAKOUT HIGHER
September 28th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. There it is. The U.S. dollar is getting slammed again. USDX stands at 78 even. I’m watching it in realtime and we’ve got EUR/USD printing above 1.42 now. This must be causing a few hairs to be standing on end in […]
U.S. War on Drugs Outsourcing Contract Worth $15 Billion
September 28th, 2007Security for the CIA’s private opium plantation? Via: CNN: The U.S. Defense Department has invited five contractors to bid on elements of a new, multibillion dollar effort to combat the global flow of illegal drugs allegedly used to finance terrorism. Awarded by the Pentagon’s Counter-Narcoterrorism Technology Program Office in Dahlgren, Va., the contract vehicle has […]
Gold Make or Break Right Now
September 28th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Attempting to break higher out of recent range… Goldbugs adjust stops or otherwise lock and load as necessary.
New Home Sales Hit 7-Year Low
September 27th, 2007The whole show is rigged to blow. Via: CNN: The pace of new home sales fell to a seven-year low in August, according to a government report Thursday that showed the battered housing and home building markets even weaker than forecasts. New homes sold at an annual pace of 795,000 in August, according to the […]
