Wednesday, September 17, 2014

Some news

Spent yesterday doing something else, apparently.

Here's some newsbits:

FT beyond brics - Brazil's central bank agrees, the outlook is dismal. Seems like it's the end of easy times for the emerging markets, eh?

FT Alphaville - brent weakness is now a thing. Not the newsletter writer, the oil. Seems like the end of easy times for commodities, no? - India gold imports rocket 176%. Oh FFS, I've had enough of this crap.

IKN - meet the newest streamer, Osisko. IKN should remember that what's bad for the streamers is fantastic for the miners. I mean, where else are they supposed to get capital? Though of course they're giving up the upside; but they'll give up less and less upside as the streamer space becomes crowded, no? What, you don't like the idea of a free market?

Daily Mail - Meet the newest goldbug: Jim Bakker. Quote:
To move out of the red and fund their new ministry, 90 percent of the new TV program consists of Bakker and his new wife and preaching partner, Lori Graham Bakker, trying to sell supplies.

And their big push right now is on survival products, which Bakker calls 'Love Gifts.'

Among the offerings are the Time of Trouble Beans Offer, consisting of 14 totes full of black bean burger mix for $3,000; Bakker's Dozen Extreme Canteen Kit, including 13 packs of ponchos, thermal blankets, glow stick and whistles for $500; and his Survival Food Brick Monthly Club with 90 servings of food for $50 per month.
Well OK, he's not selling gold and silver coins just yet, but I'm sure he'll get there. Because Jesus.

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