Wednesday, June 23, 2010
Iran Boasts Tripling of Uranium Stockpiles

Iran says it has tripled its stockpiles of 20-percent-enriched uranium since April, as reported here.
Iran is closer than ever to acquiring atomic arms, thanks to the election of Barack Obama, America's appeaser-in-chief, whose ascent to the White House assured the Islamist nation that it would have the required time to achieve its strategic aims.
What China's String of Pearls Means to India
How to Play the Yuan Trade
The key issue is how the yuan will behave relative to the dollar. The yuan could rise slowly or even declineagainst the greenback. Views vary.
The analysis in the above video assumes a significant yuan appreciation. But China Confidential analysts question the meaning of the currency move. China is still dependent on exports; and an artificially low yuan has driven exports.
Understanding China's Real Estate Bubble
Click here for an expert analysis. Notice the references to unlit office buildings, empty malls, etc.
Israel Launches 4th Spy Satellite
Click here for the news.
War with Iran is inevitable, barring some miraculous development, as a result of the Obama administration's appeasement of and failed attempts to align with the nuclear-arming Islamist nation.
No End to the Insanity: Mutinous General Leading US to Defeat in Afghanistan Endangers Lives of Troops in Failed Bid to Win Afghan Hearts and Minds

The commander-in-chief is an appeaser and an inexperienced amateur; the commander in the field, an arrogant, out-of-control fool.
Read the sickening story here.
Islamic Law Comes to Michigan
Their "crime?" Preaching Christianity to Muslims.
Read all about it here.
Where's the outrage?
Certainly not in the White House, where the nation's first Muslim-born (according to Islamic law) President is presiding over ... and accelerating ... the downfall of the world's greatest democracy.
Obama Yet to Brand Pakistan Taliban Terrorists
Click here for the story.
Did North Korea's Kim Order Torpedo Attack?
Central Banks Buy Gold as Indian Demand Slows
Institutional and individual investors are going for gold, as reported here.
The outlook is bright for bullion. But more profit-taking in Asia is likely, according to this report.
Yuan Could Decline Against Dollar

The yuan is likely appreciate slowly--or decline--relative to the dollar.
Which could translate into faltering demand for industrial commodities, especially if real estate falls in value and government infrastructure projects are canceled or delayed.
Read all about it here.
China Strikes Stop Work at Toyota, Honda Plants
Tuesday, June 22, 2010
Dollar Rallies on Expectation of Slow Yuan Rise
Gold, in contrast, is likely to continue climbing (though nothing goes up or down in a straight line). Gold has largely been decoupled from the dollar. The precious metal is now seen as an alternative global currency, or anti-currency.
Iran Sets Stage for Clash With Israel
Iran is itching for a fight--up to a point. The Iranian aim is mainly to divert attention from Iran's nuclear program and to further isolate and demonize Israel, which Iran has vowed to destroy.
But a dynamic has been set in motion. Should it spin out of control, the result could be war.
The conflict is coming sooner or later. Appeasement of Islamist Iran has made war with the clerical fascist regime inevitable.
EXTRA: PAKISTAN REVERSES STAND ON SANCTIONS, SUPPORTS IRAN














