Portfolio Log-inInternet to Go Down This Weekend?; Fake GDP figures; Petro China Passes Exxon Mobil
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A brief post as I am under the weather today.
3/29/12
Rumors are starting to go around, thanks to a Paste Bin post by someone claiming to be part of a larger group under the name Anonymous. That this Saturday, they’ll “crash” the net.
To protest SOPA, Wallstreet, our irresponsible leaders and the beloved bankers who are starving the world for their own selfish needs out of sheer sadistic fun, on March 31, anonymous will shut the Internet down. We’ll look to shut down the Internet by disabling its core DNS servers, thus making websites inaccessible
“The greatest enemy of freedom is a happy slave.”
To protest SOPA, Wallstreet, our irresponsible leaders and the beloved
bankers who are starving the world for their own selfish needs out of
sheer sadistic fun, On March 31, anonymous will shut the Internet down. Read more…
http://nibletz.com/2012/03/rumor-anonymous-to-take-down-internet-this-saturday/
Economy grew 3% in 4Q 2011, jobless claims still falling http://t.co/IJfDUkkf
Bottom line: if the government makes up the Deflator (inflation) part of GDP, they can say the economy is growing. 1.1% deflator in the GDP is a joke, since even the CPI and PPI measure inflation at over 3%+.Again, since the official inflation stats are so understating real inflation, many are operating under the faulty premise that gold is not a hedge against inflation. It is a hedge against the real rate of inflation, but not a hedge against falsely under-stated inflation.
PetroChina passes ExxonMobil in 2011 crude oil production http://t.co/HjSWz1Yo
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Author Jim Kingsland
Market commentator with focus on Gold and Silver after long broadcast career at FNN, Bloomberg, and Fox. #RandomHouse published author on PMs. Jim has also been involved in projects for CAC and Coinplex.
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