The time has arrived where we must understand the realities of the dark forces amongst us.
Recent developments in primary commodity prices have been exceptional in many ways.
The price boom between 2002 and mid-2008 was the most pronounced in several decades – in magnitude, duration and breadth.
The price decline following the eruption of the current global crisis in mid-2008 stands out both for its sharpness and for the number of commodities affected.
Since mid-2009, and especially since the summer of 2010, global commodity prices have been
rising again. While the oil price increases up to April 2011 were modest compared
with the spike in 2007–2008,
[>] food prices reached an all-time high in February 2011.
--Page 111 of UNCTAD 2011.pdf - Financialized Commodity Markets: Recent Developments and Policy Issues
The time has arrived where we must understand the realities of the dark forces amongst us.
Bullion Vaults Running Out of Space as Gold Rally Accelerates: Commodities
Sep 20, 2011 9:24 PM ET
http://www.bloomberg.com/news/2011-09-2 ... ities.htmlSometimes the secrecy needed at vaults backfires. Ron Paul, a Republican congressman for Texas and three-time presidential candidate who has called for a return to linking the dollar to gold, isn’t sure there’s any metal at the U.S. Bullion Depository at Fort Knox in Kentucky.
Paul told Bloomberg Businessweek’s June 20 edition that the government “is asking the American people to trust that all the gold is there, while not allowing site visits and not publishing all the data.”
Eric M. Thorson, the inspector general of the Treasury, said he has seen and accounted for it all.
DUH
The time has arrived where we must understand the realities of the dark forces amongst us.
Troy Davis execution: Georgia pardons board denies plea for clemency
Tuesday 20 September 2011 09.23 EDT
http://www.guardian.co.uk/world/2011/se ... don-deniedhaving heard three hours of testimony on Monday casting deep doubts on his conviction.
The time has arrived where we must understand the realities of the dark forces amongst us.
Bank of China halts FX swaps with some European banks - sources
BEIJING/HONG KONG | Tue Sep 20, 2011 7:58pm BST
http://uk.reuters.com/article/2011/09/2 ... SZ20110920Bank of China, a big market-maker in China's onshore foreign exchange market, has stopped foreign exchange forwards and swaps trading with several European banks
Another Chinese bank has also halted interest rate swaps trading with some European banks