Sunday, January 22, 2012

DailyMarkets.com - Quote Of The Day From Frederic Bastiat

DailyMarkets.com - Quote Of The Day From Frederic Bastiat


Quote Of The Day From Frederic Bastiat

Posted: 22 Jan 2012 04:57 PM PST

Four days before his death in 1850, Frederic Bastiat sent this message to a friend:

“Treat all economic questions from the viewpoint of the consumer, for the interests of the consumer are the interests of the human race.”

MP: How simple and yet deeply profound at the same time, with major implications for public policy and policymakers, who routinely ignore the interests of the unorganized consumers and thereby the human race, but place close attention to the well-organized, well-funded, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Obama’s Disgraceful Choice Of Carbon-Intense Conflict Oil From Our Greatest Enemy In The Western Hemisphere Over Ethical Oil From Canada

Posted: 22 Jan 2012 03:32 PM PST

Here’s how one Canadian, Toronto Sun columnist Ezra Lavant, views Obama’s “Keystone Cop-out”:

“U.S. President Barack Obama made a choice last week: He chose Venezuela over Canada.

That's what he did when he rejected the proposed Keystone XL pipeline that would have taken oilsands oil from Alberta to the Gulf Coast of Texas.

That pipeline would have delivered 700,000 barrels of oil every day from Canada (and from a new oilfield called Bakken that straddles the North Dakota-Saskatchewan … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Mother Of All Trend Line Breaks (?)

Posted: 22 Jan 2012 02:04 PM PST

My Latest Book

Posted: 22 Jan 2012 01:56 PM PST

With three serious books under my belt, I thought it was time for something a little different…

Modern Central Banking: Simplified is the perfect gag gift for that special gold bug (or non-economic-Kool-Aid-drinking realist) in your life. Two hundred pages of what Federal Reserve Chairman Ben Bernanke and his fellow central bankers do best.

Of course, this book is strictly for laughs (the joke is on us?).
Available now at CreateSpace, and at Amazon (and other book … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Twitter Reminder And A Blog Content Bleg

Posted: 22 Jan 2012 01:48 PM PST

1. Reminder that you can follow me on Twitter for daily updates, news, blog posts, links, economic reports, headlines, re-tweets, data, charts, etc. 

2. The “hat tips” that you see at the bottom of many CD posts reveal the fact that about one-third of the posts (or more) originate with an email “tip” from a regular (or occasional) CD reader.  Publishing CD as a “one-man operation” makes it  impossible to be aware of even a fraction of all the interesting content, news, blog … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


With New Super-Fracking Advances, The Shale Revolution Might Be Just Getting Started

Posted: 22 Jan 2012 01:08 PM PST

Last Wednesday, I posted a link to a Bloomberg article about “super-fracking” and commented that the ongoing advances in fracking technology might mean that the “shale revolution” is just beginning.  Here are some excerpts from a longer and more detailed Bloomberg article about how “super-fracking” could continue to revolutionize domestic energy development by significantly lowering the costs of unlocking even  more and deeper reserves of shale gas and tight oil than were accessible … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Valuation 101: How To Do A Discounted Cashflow Analysis

Posted: 22 Jan 2012 10:48 AM PST

What is a DCF Valuation?
Discounted cash flow (DCF) analysis is a method of valuing the intrinsic value of a company (or asset). In simple terms, discounted cash flow tries to work out the value today, based on projections of all of the cash that it could make available to investors in the future. It is described as quot;discountedquot; cash flow because of the principle of quot;time value of moneyquot; (i.e. cash in the future is worth less than cash today).  
The advantage of DCF … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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