Barrick shuts hedge book as world gold supply runs out

Nov 11, 2009 - Barrick shuts hedge book as world gold supply runs out Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world's top producer Barrick Gold. By Ambrose Evans-Pritchard, International Business Editor Published: 7:20PM GMT 11 Nov 2009 Comments 11 | Comment on this article Pouring gold bullion - Barrick shuts hedge book as world gold supply runs out Liquid gold: Gold is poured from the induction kiln Photo: JULIAN SIMMONDS Aaron Regent, president of the Canadian gold giant, said that global output has been falling by roughly 1m ounces a year since the start of the decade. Total mine supply has dropped by 10pc as ore quality erodes, implying that the roaring bull market of the last eight years may have further to run. - 1 Comment

Bangladesh Islamist group banned

Oct 23, 2009 - The Islamist organisation, Hizb-ut Tahrir has been banned in Bangladesh, the home ministry has announced. Home Secretary Abdus Sobhan Sikdar said the government feared Hizb-ut Tahrir posed a threat to peaceful life. It is the first time that an Islamist group which has not been implicated in any terrorist acts been outlawed. - 5 Comments

Who Killed California?

Oct 15, 2009 - by Troy Senik http://nationalaffairs.com/publications/detail/who-killed-california My apologies for having nothing originally in this post.  The text was here but didn't show up. Apparently this article is too long to be printed here, at about 11 pages.  It is nevertheless worth reading, unless, as someone has already done, you have made your  mind up what to believe before reading. - 29 Comments

The New Liberalism and the end of American ascendancy.

Oct 09, 2009 - Decline Is a Choice The New Liberalism and the end of American ascendancy. by Charles Krauthammer The weathervanes of conventional wisdom are registering another round of angst about America in decline. New theories, old slogans: Imperial overstretch. - 0 Comments

AP Newsbreak: Nobel jury defends Obama decision

Oct 13, 2009 - OSLO – Members of the Norwegian committee that gave Barack Obama the Nobel Peace Prize are strongly defending their choice against a storm of criticism that the award was premature and a potential liability for the U.S. president. Asked to comment on the uproar following Friday's announcement, four members of the five-seat panel told The Associated Press that they had expected the decision to generate both surprise and criticism. - 16 Comments

Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

Sep 16, 2009 - The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent. A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. - 62 Comments

Closing the Books on GW Bush Economic Record

Sep 15, 2009 - Thursday's annual Census Bureau report on income, poverty and access to health care-the Bureau's principal report card on the well-being of average Americans-closes the books on the economic record of George W. Bush. It's not a record many Republicans are likely to point to with pride. - 0 Comments

I wish every elected official could be challenged in a primary

Sep 09, 2009 - The Murtha Method Computer Analysis Shows 12 of 16 House Defense Subcommittee Members in Controversial Circles of Lobbyists, Earmarks, and Campaign Cash By The Center for Public Integrity | September 08, 2009 For months, a cloud has swirled around Congressman John Murtha (D-Pa.), chairman of the powerful House Appropriations Defense Subcommittee, and the relationship that Murtha and other subcommittee members had with the PMA Group, a lobbying firm filled with former subcommittee aides. Index Follow the links to see reporting on individual committee members. ■Reps. - 4 Comments