Tag Archives: OWS

bitcoin

Bitcoin Goes OWS

bitcoinRegular readers know I appreciate Grant Williams and his TTMYGH newsletter, his most recent, War Games prompts me to think out loud about Bitcoin.

Mr. Williams makes no reference to Bitcoin, but I’m sure it’s sitting in the back of his mind, much like OWS was sitting in the back of Lloyd Blankfein’s mind last year. Grant presses the dangers of global currency wars and presents an enlightening Asian example of currency influence on GDP, competitivity, even the rise and fall of corporate ’empires’. He links central bank profligacy, inflation, gold repatriation, and paints an ominous picture of our financial future. As usual it’s worth a read!

Bitcoin hit the mainstream media again this week when Bloomberg published, “Bitcoin’s Gains May Fuel Central Bank Concerns“. Zerohedge dutifully reacted with “Is The ECB Responsible For The Second Coming Of BitCoin?

 

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Crazy OWS Clearing

If you haven’t seen this, a live stream from NY. Occupytv

They’re all getting kicked out. It looks like I’m watching aljazeera. Crazy.

occupytv on livestream.com. Broadcast Live Free

Did the 60 Minute insider trading piece have anything to do with this morning’s clearing?

Social Unrest or Frappiccino

Just when the markets start to get back to the business of reporting earnings. Just when the markets start behaving ‘normally’, all the rest of the world starts looking out-of-sync.

The irony came fast and furious this week:

  • Ben and Jerry’s ice-cream and a growing group of protesters near Wall Street. (Known on twitter as ¬†#OWS, or #OccupyWallStreet.)
  • Steve Jobs and his billions in wealth, genius, and factories in China.
  • Berlusconi’s confidence vote, while charges were dropped against DSK.
  • Gold jumps on unrest in north-africa and ignores unrest in NY and Washington.
  • A Giving Pledge or a No Giving Pledge? Starbucks will be serving at a protest near you, soon.
  • Corn mazes and 9-9-9.
  • Drug Cartels, Iran, Oil Cartels. Read WMD’s… Or not…
  • Google+ use surges, but nobody is using it.

What’s the weekend have in store?