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In Topic: mining tyre and machinery indices
Today, 03:18 AM
Unless it is some kind of seasonal variation, 12% seems like a substantial change.
April 2012
Quote
Machinery import volumes in April decreased by 12% overall to 2351 units.
Mining equipment imports are proving to be resilient however we are seeing declines in construction equipment. With used equipment, volumes are also in decline with customers reporting a range of factors including demand causing them to slow down their activity.
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In Topic: Martin Armstrong's Economic Writings
Today, 02:40 AM
wulfgar, on 24 May 2012 - 02:12 AM, said:The one above that is a statement to congress.
You got your brain online Conbran. Gold didn't rise against the rest of the worlds currencies until 2005. For 6 years it rose against the USD while the FED was running 1% interest after the Nas bust and 911. The USD became weak until the FED started raising rates again in 2004.
I see that you've forgotten to take your anti-delusional pills again. Have a look here - it shows clearly that gold bottomed against a number of major currencies around the same time as when it bottomed against the $US. BTW, you still have not provided solid evidence that the Fed run out of gold in 2005.
Today is Thursday so I think that should be the blue pills you need to take! -
In Topic: Martin Armstrong's Economic Writings
Today, 01:48 AM
wulfgar, on 24 May 2012 - 01:01 AM, said:... Apparently Greenspan spoke informally with his colleague, ...
Innuendo & allegations is not solid evidence. I take it that you also believe the stories about Elvis being alive & well?
BTW, you claim that the Fed run out of gold in 2005. The bottom in gold was in 1999. Whilst markets discount the future, we're talking 6 years here! -
In Topic: Martin Armstrong's Economic Writings
Yesterday, 11:41 PM
FFS, even savings are going to be directly taxed! Not only they're running ZIRP, but now they're going to force people to spend their money rather than save it.
They Are Coming To Take Your Money Away
Quote
....Now on January 1st, 2013, the US government will be requiring everyone to have direct deposit for Social Security checks and pensions. Why. Well guess what. There is another bill HR 4646 that will impose a 1% tax on ALL transactions in a bank account. This is not income. This is money flow - a 1% tax on all bank transactions which will include paychecks, retirement checks and Social Security checks. That will even include a 1% tax on your refund check from the IRS. They want direct deposit and eliminate “paper money" to enable them to now tax your cash flow regardless if you make money or not....
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In Topic: Martin Armstrong's Economic Writings
Yesterday, 09:47 PM
wulfgar, on 23 May 2012 - 11:44 AM, said:Now you're just being a loonie, contact your therapist! They won't let Ron Paul in to check!
It's claimed the FED held 13800 tons in the early 90's. Going by the photo shoot of 2004, the FED held 1,000 to 2,000 tons of gold. The argument is the FED was dumping gold on the market at rates of up to 1,500 tons per annum from the mid nineties to suppress the price.
In the 80's they did the opposite, pulling gold off the market and vaulting it to maintain a higher price.
ie. no solid evidence to your thesis?
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