Monthly October, 2012
The US Presidential Race As the US Presidential race enters its final leg, the skit performed by Johnny Carson as a Politician Taking a Polygraph Test on “The Tonight Show” – 1982, is as relevant today as ever. Prepare to burst out laughing. Johnny Carson skit on Presidential Promises...
Kyle Bass – the Bet Against Japan Kyle Bass founded hedge fund Hayman Capital in Dallas, Texas, in 2006. He made millions betting against the sub-prime mortgage bond market – and now he’s betting on the collapse of Japan. In simplistic terms, Mr Bass feels that the debt accumulated by Japan is so enormous, that...
From the New York Times Efraim Halevy was the director of the Mossad (the Israeli Secret Service) from 1998 to 2002 and the National Security Advisor to the Israeli Prime Minister Ariel Sharon from October 2002 to June 2003. An article written by Efrain Halevy in Jerusalem. Original article in the New York Times, or...
Black Monday (October 19, 1987) Black Monday refers to Monday October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The...
Cheap energy is the key to productivity. Where the cost of energy is lower, productivity is greater. This is true worldwide. We begin by looking at energy costs and production in the USA. The Presidential Debate – Candidates Agree on Gas & Oil Last night the third and final debate between Romney and Obama took...
News Media have to Fill Space & Get Attention – Gloom & Doom Gets Attention In the midst of an overload of information, it is important to step back, silence the rhetoric and gain a wider perspective of the economy. CymorFund has frequently discussed how the economy has cycles of activity. Each cycle starts anew...
Are Income Tax Havens a Good Thing The real negative effects of tax havens are not that paying taxes in the US are avoided. The real issue is that US policy is driving US $$$ away from the US. When money is put in a tax haven to avoid taxes, that money stays offshore. It...
What is Hot In every cycle, people jump on the bandwagon. Whatever is hot, becomes the darling of the day. In the last few years, it has been rare earth metals. Light rare earth and heavy rare earth metals, and any other deposit that may contain these metals, which in most cases is uranium. What...
The Golden Dawn There is a right wing nationalistic party in Greece called the Golden Dawn. In the last election, it garnered about 6% of the votes. This compares to 2% in previous support. In spite of significant outrageous conduct by The Golden Dawn, support continues to increase rapidly for this party. Some say it...