Facebook Earnings Hit Target but Worries Persist. CNBC Good article by Rosenberg …interesting facts on # of food stamp recipients as well as % of non income tax payers now @ 41%. David Rosenberg On A Modern Day Depression Vs Dow 20,000. JH The People’s Mining Analyst Peter Koven’s outlook on Goldcorp and Barrick. Financial Post… Continue Reading

House Passes Ron Paul’s ‘Audit the Fed’ Bill. WSJ (Photograph by Frank Rebelo/CSU-Chico/AP Photo) Robert expects Gold Set for a Huge Break Out. Stock Sage “He who owns the oil will own the world.” Canada again a focus of a new Great Scramble for oil. Globe and Mail The idea that inflation might be our friend is gaining traction. LA Times… Continue Reading

There remains a tremendous communications gap between western and far eastern enterprise. I ran a small business out of the back of a van for three and a half months this winter. We were featured in mainstream press and generally had a good run. We stopped doing business when our demand was crushed by circumstances beyond… Continue Reading

Don Coxe: This drought is brutal. Why aren’t agriculture stocks soaring? Can China’s easing plan perform in an ag-inflationary environment? Don Coxe (BMO Global Strategist) Audio: KWN The Chinese want $15.1 billion of Canada’s resources. Nexen bid part of China’s plan to become resources powerhouse. Globe and Mail  See also: Nexen’s holdings around the world Strategic Report: Diamond Pipeline 2012. Metals Economics… Continue Reading

Els Wins, Scott Bogies Final Four to Lose Open Championship. The Open Championship at Royal Lytham & St Annes is over. Ernie Els is a major champion once again. Congrats to Ernie and all South Africans! Golf.com coverage. The Course. The Leaderboard. Open Championship The late Seve Ballesteros tees off at No. 18 in the 1988 Open Championship… Continue Reading

Unimaginable ‘Dark Knight Rises’ Tragedy in Colorado. CNN “Give me a one-handed economist. All my economists say, on the one hand … on the other …” Harry S. Truman Notes from the various panels at CNBC & Institutional Investor’s Delivering Alpha Conference. Best Ideas, Global Opportunities, Real Estate, Commodities. Market Folly Benchmark-beating performance is reassuring. No worries over Canada… Continue Reading

I’m enjoying watching Tiger Woods hit his tee shots with the dark blue ball tracker. The 2-iron stinger gets a maximum of ten feet off the ground and runs out 300 yards. Here is a super slow mo from the US-Open. youtube This is a film I’d like to see. From a review at Hammer… Continue Reading

Gross Returns to Form as Flagship ETF Doubles. CNBC CNBC, Fox Business and BNN ratings to tumble til Sunday. . . The Open Championship has begun at Royal Lytham & St. Annes: Leaderboard. R&A Group led by BC Partners with the help of Canada Pension Plan to Buy U.S. Cable Operator for $6.6 Billion. Dealbook If… Continue Reading

Last day here… Danng, stock moving nicely. #dyodd Canamex Resources shares jump on Nevada gold find. Reuters GoldQuest (GQC : TSX) – Intersects 159 M Grading 4.5 g/t Au and 1% Copper. MarketWatch Goldman chief Blankfein: Investing in America produces the best return. Politico Euro Wastes no Time with Bernanke’s Silence. Ashraf Laidi Why it sucks to… Continue Reading

Notable Libertarian Venture Capitalist Peter Thiel Tells Off Google Chairman Eric Schmidt, says the company has no idea how to invest its money. CNNMoney via KB Wealth effect: How we’ll feel impact of lower commodity prices. Globe and Mail My young friend Brian Wong (who gave me some of the best advice I ever received in 2009… Continue Reading

Manufacturing jobs aren’t coming back. Neither are construction jobs. America’s workers need to learn some new skills to stay ahead. The New Artisan Economy at Slate “Overall, Hurst and his co-authors estimate that roughly 40 percent of the increase in nonemployment (those who are unemployed but still looking for jobs, as well as those who… Continue Reading

Gross Says U.S. Nearing Recession as BlackRock Sees Fed Step. Bloomberg Bernanke Ready to “Throw in the Towel on Inflation”: Jim Rickards. Yahoo Finance Europe Is Over. Now It’s All About The US. Business Insider Stock Buybacks that Wasted Investor Money. CNBC Questioning Peter Munk’s influence at Barrick Gold. (Journalist to expect beehive via Fedex… Continue Reading

Foreign Purchases of Canadian Securities Reach Record. Bloomberg A Yahoo Search Calls Up a Chief From Google. Dealbook Contrary Indicator. The Globe’s hatin on mining stocks. Globe and Mail Otto Rock, Keir Reynolds and Callaghan himself with more on BarkerVaudeville. Enbridge brand can be repaired: analysts. Financial Post Four Reasons the Hedge Fund Industry Is… Continue Reading

Imposing losses on bondholders reduces the amount of money taxpayers need to inject into struggling banks… ECB Pivots, Advocates Imposing Losses on Senior Bondholders … possible actionable consequences… WSJ Other than that I don’t have much time to read anything this morning. I got a (small) kick out of reading James Altucher’s Resume though I feel James’ “humility” often… Continue Reading

And it’s Friday the 13th… QE, or not QE? An assessment of the most controversial weapon in the central banker’s armoury. Economist “Economic history is a never-ending series of episodes based on falsehoods and lies, not truths.  It represents the path to big money.  The object is to recognize the trend whose premise is false,… Continue Reading