The latest Kauffman poll of economic bloggers
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Midas Oracle also publishes a twitter feed, which has info you wont get on this blog.
Plenty of things are not published on this blog, but on our Twitter feed.
Do subscribe to it —-if you are a PM news junkie.
Have a good Summer, folks.
3 years later, Mark Davies finally sees the light. – [Better late than never.]
Emile Servan-Schreiber @ Lumenogic
NewsFutures has become Lumenogic.
“-Collective intelligence for senior leadership”-…- —- the word in bold tells us a lot.
Jason Ruspini, vice president of Conquest Capital, reveals the three indicators he uses to predict how high gold prices will go.
Download this post to watch the video, if your feed reader does not show it to you.
Previously: The Interdependence of Prices and Gold –- by Jason Ruspini
UPDATE:
Jason:
I did not give $1500 as a gold target this year! When asked for my gold price prediction, I said, if you look at gold as a % of global fx reserves and investable assets you can justify very high gold price predictions, but I don’t like to model absolute levels, I like to look at marginal, incremental signals. If you put a gun to my head though: $1300-1350 — not “$1300-1500?.
Also edited out was a differentiation of liquidity shock vs. deflation vs. disinflation.
I should add that long-term trend-following is a fine way to trade gold.
These are all my own opinions, not those of Conquest.
Chief Economists = PR People
Europe-based bettors would do better without the gambling monopolies.
RIGHT2BET has exclusively revealed that throughout the World Cup European state betting monopolies offered their customers, on average, 32% worse odds than those available with private betting companies.
Monopoly customers wishing to back their home nation in South Africa were subjected to 35% worse odds than those being offered by the EU-licensed private sector operators that their governments do not allow them to use.
The startling figures have been revealed in the Right2bet World Cup Report which analysed the odds offered on every World Cup match by seven of Europe’-s biggest betting monopolies, before comparing them to the equivalent prices being offered by other licensed European operators.
The aim of the report was to investigate whether or not Europe’-s betting monopolies were short-changing their customers via the help of legislation which protects their existence and market dominance.
Right2bet is campaigning for the right of all European consumers to be able to bet with the licensed operator of their choice, regardless of the Member State in which they are based.
Right2bet spokesman Ari Last said: “-The figures emanating from this report are quite shocking. Millions of EU consumers who wanted to bet during the World Cup were subjected to hugely inferior prices by the monopolies that their governments strive so hard to protect.”-
“-The protectionist behaviour of certain Member States when it comes to online gambling is a situation that does not conform to the ethos of the single-market, and we hope that the findings of this report will highlight what is undoubtedly an unjust reality.”-
Right2bet World Cup Report key points:
• Monopolies offered their customers 32% worse odds than licensed private operators
• The ‘-Perfect Bettor’- forced to bet with a monopoly would have made €629 less than they would have done if they were allowed to bet with other EU-licensed operators in the private sector
• On average, a monopoly customer choosing to back the ‘-favourite’- throughout every one of the 64 tournament matches would have received 38% less value, while one who chose to back the ‘-outsider’- throughout each game of the tournament would have received 35% less value
• Monopolies offered customers wishing to back their home nation 35% worse odds than private operators
• It is clear from the results published in this report that consumers using online gambling services in the EU are receiving significantly lower value when forced to use a state monopoly provider
Country breakdowns:
• Germany: 48% worse off
• Sweden: 40% worse off
• The Netherlands: 35% worse off
• France: 31.5% worse off
• Greece: 31% worse off
• Denmark: 14.4% worse off
Paul The Octopus cant be a psychic -but his care taker could.
Right now, if you query Google for “-Paul octopus psychic“-, you get 3 million results. But that can’-t be. Here’-s why.
To divine the future, Paul The Octopus should send an information backward in time within his own mind. That can only be possible if the octopus is made aware of whether its prediction is right or wrong. But Paul The Octopus was not aware that it was being used as an oracle, and it was never aware of the outcome of the different Word Cup matches.
Hence, if you want an extra-rational explanation of the squid’-s predictive skills, you have to turn your eyes instead to its German handler at the Sea Aquarium of Oberhausen. Only that humanoid could send an information (about the soccer match) backward in his/her mind.
Here’-s how it would work. The octopus handler would receive 2 pieces of information from the future: one, which box the squid is going to pick (the one on the left or the one on the right), and, two, which soccer team is going to win. Armed with these 2 pieces of information, the octopus handler decides (in the past) where to put the box with the flag of the country whose team has won —-on the left or on the right, in the aquarium.
If you don’-t follow my logic, leave a comment, and I will re-explain. It is all about reversing the psychological arrow of time, so as to remember the future instead of the past.
