    LifeStraw Personal Water Filter - $19.95 Retail Price: $29.95 You Save: $10.00 from: Eartheasy.com   | peakprosperity.com / By FerFAL / May 21, 2013, 3:14 PM We bring back to the forefront an article from contributor Fernando “FerFAL” Aguirre. With the many new sources of turbulence in the financial system and many new unknown’s of how our predicaments will play out, we can always look to [...] testosteronepit.com / By Wolf Richter / May 21, 2013 The issue of inflation is complex everywhere. Official rates are disputed. People can’t reconcile them with what they see at the store. There are different formulas and data sets, resulting in different rates, and everyone picks and chooses what suits their needs. But nowhere is [...] thedailybell.com / By Staff Report / Tuesday, May 21, 2013 China to the rescue of Argentina with a 10 billion dollars equivalent swap … Argentina is negotiating with China, a new 10 billon dollars equivalent swap of international reserves support based on the experience of 2009 When the global financial crisis. The new accord [...] sibileau.com / By Martin Sibileau / May 20th 2013 “…The Argentine government jawboned the foreign exchange market more efficiently than Draghi did with the gold market upon the insinuation that Cyprus would sell its gold…” To read this article in pdf format, click here:May 20 2013 I am back from a brief trip to Argentina’s [...] caseyresearch.com / By David Galland / May 17, 2013 Dear Reader, By the time you read this, I will be in Asunción, Paraguay, on my way back to the United States for summer. As we are finalizing the preparations for our departure, I suspect – but can never know for sure – [...] zerohedge.com / By Tyler Durden / May 15, 2013, 10:36 -0400 With the shadow (or blue) market for Argentina Pesos already devalued by an incredible 50%, it is little surprise that the population is bidding for any store of value. Demand for luxury cars is soaring (BMW sales up 30% in the last 20 months) [...] zerohedge.com / By Tyler Durden / May 14, 2013, 13:56 -0400 Despite efforts by the government to quell the black-market (or blue-dollar) for Argentina’s foreign exchange, the unofficial rate surged yesterday to 10.45 Pesos per USD. This is now double the official rate of 5.22 Pesos per USD. This implicit 50% devaluation comes amid the [...] zerohedge.com / By Tyler Durden / 05/13/2013 18:28 It seems that bubbles can pop? No matter how much a nation tries to destroy its economy, raise its inflation, and devalue its currency – equity market corrections occur… Argentina’s MERVAL index (among the best performing equity markets of Q1) is now down 12% in the last [...] zerohedge.com / By Tyler Durden on 05/11/2013 11:29 -0400 While Argentina’s recent extraordinary attempts at central planning have been widely documented, ranging from freezing supermarket prices in a (failed) attempt to control inflation, to banning advertising in a (failed) attempt to weaken the private media, so far nothing has worked at stabilizing the economy and [...] The Argentine Peso vs. the US dollar over the past decade, official rate – via XE.com acting-man.com / By Pater Tenebrarum / May 8, 2013 Looking for Dollars Argentina famously employs ‘dollar-sniffing’ dogs at its borders to keep its citizens from getting their savings out of the hands of the [...] dailyreckoning.com / By Joel Bowman / May 4, 2013 “Ten-to-one! Can you believe it? Ten-to-f#@king-one!” Our friend was clearly exasperated. He couldn’t believe it. “Ten-to-one” wasn’t the time…nor the odds he’d been offered for backing some dodgy ol’ nag down at the racetrack. It was — it is — the unofficial “blue” [...] zerohedge.com / by Tyler Durden / 05/02/2013 15:43 -0400 While last week saw the economy minister of Argentina fumble, stumble, and finally crumble over the difficult question of what Argentinian inflation rates were (11% official versus 26% estimated), it seems the nation has another Schrodinger-like problem. While officially the exchange rate is around 5,150 [...] dailyreckoning.com.au / By Bill Bonner / April 24th, 2013 ‘You Americans don’t understand anything. You have to come to Argentina and live here for a few years. Then you’ll understand America.’ We had to ask, ‘Huh?’ ‘When you’re here, you can see more clearly how things really work…and don’t work. You see [...] goldsilverworlds.com / By Gold Silver Worlds / April 23, 2013 The number of countries that turn to the safe haven printing press as their way out of problems keeps on growing. The latest country to join the “create unlimited amounts of paper money party” is Argentina. With Cyprus in a similar situation only a month [...] goldsilver.com / April 22, 2013 Argentina is just the latest example of a nation who prints currency to pay for a government that has overtaken the free market private economy. The power grabs have finally devolved into outright mass street protests, as the Argentine goverment Bans recourse against the government via the court system, [...] dailyreckoning.com.au / By Bill Bonner / April 19, 2013 Gold has fallen so hard so fast we can’t help but feel sorry for the losers. But who were they? Estimates of the total loss go upward from $1 trillion. Who has that kind of money to lose? Who lost it? And whom did they owe [...] lfb.org / By Jeffrey Tucker / April 18, 2013 If you find the whole thing mystifying, have a look at this short film. It hits all the high points. LaissezFaireClub zerohedge.com / By Tyler Durden / April 18, 2013, 19:52 -0400 The streets of Buenos Aires are full of revolting Argentinians this evening as they protest President Cristina Fernandez de Kirchner’s (CFdK) plans to ‘increase’ state control of the court system. CFdK’s proposal looks to limit the judicial system’s ability to bring actions against the [...] A protester holds a flare during a demonstration in Lisbon last year telegraph.co.uk / By Ambrose Evans-Pritchard / April 12, 2013, 4:59PM BST Mario Soares, who steered the country to democracy after the Salazar dictatorship, said all political forces should unite to “bring down the government” and repudiate the austerity [...] dailyreckoning.com.au / By Bill Bonner / April 3, 2013 Who do these Argentinians think they are…French? We wandered the streets. Here in the Palermo Soho section of Buenos Aires, there were thousands of people window shopping, eating in restaurants, having a drink in an outdoor café. Inflation is running at about 30% a year. The [...] ca.finance.yahoo.com / By By Michael Warren, The Associated Press | The Canadian Press – Fri, 29 Mar, 2013 11:20 AM EDT BUENOS AIRES, Argentina – With just hours to go before Argentina has to show its last cards in a billion-dollar debt showdown in the U.S. courts, President Cristina Fernandez seems to [...] bullmarketthinking.com / By Tekoa Da Silva / March 26, 2013 I had the chance yesterday to speak with Fernando Aguirre, author of a book entitled, “Surviving The Economic Collapse“, based on his first-hand experience of the 2001 economic collapse in Argentina. It was a powerful interview as Fernando and his family lived [...] telegraph.co.uk / By Damien McElroy / March 25, 2013, 3:30PM GMT Argentina is to demand the UN rejects a referendum staged by the Falkland Islands when its foreign minister meets Ban Ki-moon, the body’s Secretary General this week. Falklanders in the grounds of Christchurch Cathedral in Stanley celebrate the 98 [...] dailyreckoning.com.au / By Bill Bonner / March 25th, 2013 ‘Can you by legislation add one farthing to the wealth of the country?’ Richard Cobden asked the House of Commons on 27 February 1846. The Argentinians think so. So do the Europeans. And of course, the Americans. But first let us continue with Cobden’s remarks: [...] dailyreckoning.com.au / By Bill Bonner / March 20th, 2013 You think Cyprus is bad,’ said an Argentinian friend yesterday. ‘You should have been in Argentina a little more than ten years ago.’ We came up to the ranch in northwest Argentina about a week ago. But the ‘sustainable’ power system we installed turned [...] truthingold.com / By truthing / March 20, 2013, 09:51 When it comes to saving options in Argentina, it’s not so much a case of “all that glisters is not gold” but, perhaps, “the only thing that glisters is gold”. Let’s face it, saving is hard with galloping inflation and an outright government ban on buying [...] Gold in Argentine Pesos – 5 Years – (Bloomberg) goldcore.com / By Mark O’Byrne / March 20, 2013 With Argentina printing pesos to finance itself, the growth of pesos in the economy has rose 38% in the past year, leading analysts to predict that the currency will depreciate 12.9% through [...] sovereignman.com / By Simon Black / March 13, 2013 Several hundred miles east of Kinshasa in the Democratic Republic of Congo, the mighty Kasai river forms the boundary between two little known tribes of central Africa– the Bushong and the Lele. Ostensibly there should be scant difference between the two; they’re separated only by [...] zerohedge.com / by Tyler Durden / 03/13/2013 15:18 -0400 A surprising pick for Pope, Argentina’s 76 year old Jorge Mario Bergoglio, who was not among the front-runners, is now the Pope of the Catholic Church. His chosen name is Pope Francis. He is the first non-European pope since 741. His biography via Wikipedia: [...] sovereignman.com / By Simon Black / March 5, 2013 Throughout history, bankrupt governments in decline almost ALWAYS fall back on a time-tested playbook. This includes imposing controls on EVERYTHING– wage and price controls, trade controls, capital controls, border controls, people controls. Everything. And this idea goes back to the dawn of human civilization. The [...] |
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