Ben Bernanke

3826 days ago

Weekly Caption Contest: How Hugh Grant fuelled US Economic Growth Edition

Actor Hugh Grant is, as you may remember, keen to gag the press so that it cannot run stories about how he used to get blow jobs from hookers in Los Angeles. But in the UK it appears that we are now going to include prostitution in how we calculate our Gross Domestic Product. As such it is surely a valid question to ask how much Mr Grant has contributed to US economic growth over the years?

As such the “Divine” picture below is totally relevant and I invite you to suggest a suitable caption for it. Please post your captions in the comments section below.

For what it is worth my entry is:

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4145 days ago

July Pond Life on Hampstead Heath

My old pal Robert Sutherland Smith, now aged 167, is off on a summer break for a few days. Before departing he offered up his thoughts on life from Hampstead Heath. He has also served up two articles today (on G4S and Tesco) on www.shareprophets.com  Over to RSS.

Now that the great heat has come, the ponds more closely resemble the Ganges with seemingly half the population of London seeking its cool liquidity, except that the water no longer has that cool crispness which bites back in less sunny days. 

Crowds as we know are prone to madness

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4398 days ago

Obama Wins: Great for Gold, US Long Term Economic Train Crash Thesis Unchanged

Well I told you so. My heart in the end went, marginally, for Romney and as I see deluded lefties across the media world delighting in another four years of hopey change I feel Romney’s pain. But my head told me Obama would win and so I have called it as an Obama victory from the moment it became clear he was going to face Mitt. I never flinched in that – whilst other conservative writers claimed Mitt had momentum and would inch it, this pundit got it 100% right. I shall cover the political and coverage aspects later but starting with the economy. Obama’s victory is not very good news for the USA.

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4448 days ago

Has Bernanke Done us all a favour? Clem Chambers you are wrong!

I tried to get a fatwa levelled against ADVFN CEO Clem Chambers with an early post on my ADVFN blog. That failed. And so I must try to take him to task for his assertion that Ben Bernanke of the Federal Reserve has done us a favour by signing up for QE3, QE4 and QE ad infinitum. He has not.

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4448 days ago

My Fellow West Ham fan Ben Bernanke – The Weekly Video is Live

Like me Ben Bernanke is always blowing bubbles. It is just that he does not realise that they eventually fade and die. Recorded before today’s rather dull nil nil draw at Norwich (only highlight: Nolan not booked) the weekly video is back.

Recorded in the back garden of my father & step mother’s house, forgive the relaxed attire. Step mother Helen is very kindly doing a wash.

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4555 days ago

Gold - $2,000 oz or $3,000 oz?

Gold raced ahead on Friday by almost $100 to $1625 oz. I have long predicted $2,000 gold for 2012 – I actually think we are heading rather higher. For weeks gold has been slipping (to a low of $1525). This has not been the fault of gold but of the morons who run (I use the word loosely) the EU. As the Euro has tanked there has been a flight to the US dollar and gold has slipped in dollar terms as a result. But now there are worries about the US.

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