Saturday, May 1, 2010
Frustration and Fear Mount in Oil Spill Cleanup
May 01, 2010 — As the oil slick in the Gulf of Mexico grows in size, frustrated fishermen eager to help contain the spill had to keep their boats idle. Rough seas kept crews away from the slick. (May 1)
The Death of Civilization - Sovereign Debt and Peak Oil bring Economic Collapse and Hyperinflation
Sovereign Debt across the Globe starts a domino effect of collapsing Countries. Oil production begins to decline in 2011 and Peak Oil brings about world wide Economic Collapse as Nations are unable to cope with Debt and higher energy costs. Social Anarchy erupts as the world is thrown into turmoil.
Greek protests turn violent
Athens protests turn violent
Clashes erupt between police and demonstrators as a 10,000 strong crowd marches through Athens, protesting against the government's latest economic reforms. A policeman's leg is set on fire as anarchists clash with police in the Greek capital Athens. .
Obama Takes Aim at Anti-government speech
Obama Takes Aim at Anti-government Rhetoric
May 01, 2010 — Pres. Barack Obama used his commencement speech at the University of Michigan to respond to foes who portray government as oppressive and tyrannical. He also appealed for a more civil political debate. (May 1)
May Day Mayhem: in Athens Greece
Thousands of angry Greeks march against austerity : Tear gas fired at Athens rally as pay cut protests rage on
At least 10,000 people have marched in Greece to protest the government's economic reforms.
The May Day rally was marred by violence as groups of rioters clashed with police.
One officer was set on fire when molotov cocktails were hurled at security forces.
Workers are angry at the government's plan to impose even tougher spending cuts, as it seeks a financial rescue package from the European Union and the International Monetary Fund (IMF).
Police have used tear gas on protesters during a May Day march on the streets of Athens. Tens of thousands gathered in rallies called by trade unions and left-wing parties in protest against government austerity measures. The country's facing tax increases, pay and pension cuts, as Parliament struggles to solve the debt problem.
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MARC FABER NEWS
Moneycontrol.com | Dr. Doom? Marc Faber Sees Stock Buying Opportunity CNBC.com The dean of doom, Marc Faber, told CNBC on Tuesday that a variety of asset classes—including equities—may be worth buying for short-term gains. In the midst of market volatility on concerns over Federal Reserve tapering, he said, "Treasury bonds ... Marc Faber Marc Faber aka Dr. Doom: S&P 500 Index Could Fall 20% To 30% Easily Dr Doom warns stocks are oversold but S&P readies for another drop |
Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold The Market Oracle The Fed's 'tapering' comments have ramped up market volatilaty and Faber gives some advice for short and long-term strategies. For example: ""The best course of action is to actually not buy anything, but rather to reduce positions on a rebound," Faber ... |
Marc Faber: Bull in the short term, bear in the long term MarketWatch (blog) ... so perhaps it's best left to someone who has historically said “sell.” Marc Faber, author of the ”The Gloom, Boom & Doom Report,” and often called “Dr. Doom” because of his bearish sentiment, says there are buying opportunities — at least in the ... |
Business Insider | Marc Faber: Gold a possible canary in the deflation coalmine MarketWatch (blog) Here's what Marc Faber, editor of Gloom Boom Doom report told MarketWatch in an email. “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high ... MARC FABER: The Way Things Are Going, Bernanke Will Have To Give Us 96 ... "Incredibly Bad Sentiment" Makes Gold & Bonds a Buy Says Marc Faber, as All ... “Sentiment on Gold and Bonds Incredibly Negative” – Marc Faber Predicts ... |
Marc Faber Sees Further Downside CNBC.com China's factory output weakened to a 9-month low today, and financials saw a huge sell-off today, with the FM traders; and The Gloom, Boom and Doom Report's Marc Faber, shares his economic outlook. There's plenty of room for the stock market to decline ... Marc Faber: More S&P downside, commodities 'horrible'…except gold |
Marc Faber says 'thanks' to Bernanke MarketWatch (blog) [An earlier version of this blog mistakenly attributed the comments to Marc Faber's blog. The original comments were made in an interview with Barron's on June 1. The comments were picked up Tuesday in a tracking blog that aggregates Faber's public ... |
Dr. Doom Marc Faber: Don't Bet on New Market Highs CNBC.com Faber said large cap stocks like McDonald's, Coca-Cola, Procter & Gamble and Wal-Mart "have most likely peaked." However, he thinks there are still stocks that show strength that could continue to appreciate "because all the money flows into fewer and ... |
Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ... Business Insider "People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the ... |
Marc Faber notes liquidity squeeze depressing stocks but still buying gold Gold Seek Famously contrarian in his approach, Dr. Faber is usually out of step with Wall Street but has an excellent reputation for calling the major market turns. He does not say he is shorting equities, though he notes emerging market equities and currencies ... |
Cheerful Thoughts from Marc Faber BullionVault SWISS-BORN Marc Faber, who at age 24 earned his PhD. in economics magna cum laude from the University of Zurich, has lived in Hong Kong nearly 40 years. He worked in New York, Zurich and Hong Kong for White Weld & Co., an investment bank ... |