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  • Interest on Gold Is the New Tempest in a Teapot

    Zero Hedge published an article on Canadian Bullion Services (CBS) last week. Other sites ran similar articles. The common thread through these articles, and in the user comments section, is that CBS is committing criminal fraud. Or, if not, then it’s a conspiracy by the Canadian government to confiscate gold. Terms like fractional reserve and […]
  • Initial Jobless Claims Rise Again But What’s Wrong With This Picture?

    For the second week in a row, initial jobless claims rose (up 6k to 278k) but remain flat at 42 year lows for the last year. Challenger job cuts rose 21.8% YoY (and yet initial jobless claims are lower still YoY. The problem with this ‘data’ is that employment signals from both manufacturing and services […]
  • The Ongoing Plunge In American Worker Productivity Explained

    While revised modestly higher from preliminary levels, US non-farm productivity plunged 2.2% in Q4 2015 – the biggest drop since Q1 2014. Economists are gnashing their teeth to explain this “plunging productivity paradox” – we think it is rather simple… While only modestly tongue in cheek, here is what is really going on… Just under […]Read More
  • It’s Official: Canada Has Sold All Of Its Gold Reserves

    One month ago, when looking at the latest Canadian official international reserves, we noticed something strange: Canada had sold nearly half of its gold reserves in one month. According to the February data, total Canadian gold reserves stood at 1.7 tonnes. That was just 0.1 per cent of the country’s total reserves, which also include […]
  • Ikorodu School Kidnap: Ambode’s Tardy Response, By Folarin Ademosu

    The response from Lagos state Governor Akinwunmi Ambode on the Monday, 1 March, 2016 kidnap of three girls of the Babington Macaulay Junior Seminary School, Ikorodu, Lagos, was rather tardy. Like a stutterer struggling with his speech, Governor Ambode finally found his voice on Wednesday via an official statement by Steve Ayorinde, state information commissioner. Expectedly, […]
  • Tambuwal’s Wife Commissions Skills Centre For Women

    Tambuwal’s Wife Commissions Skills Centre For Women – SimonAtebaNews Mariya Aminu Waziri Tambuwal 5 Shares Share Tweet Share Share Email Wife of Sokoto State Governor, Mariya Aminu Waziri Tambuwal, has commissioned a skill acquisition centre built by a female entrepreneur, Shafa Lawal Mande in Gwiwa low cost area. While commissioning the centre, Hajiya Mariya applauded […]
  • Ambode Inaugurates Employment Trust Fund Board

    Ambode Inaugurates Employment Trust Fund Board – SimonAtebaNews 3 Shares Share Tweet Share Share Email Lagos State Governor, Mr. Akinwunmi Ambode on Thursday expressed fulfillment in the realisation of his campaign promise to establish an Employment Trust Fund (ETF), saying the initiative was a paradigm shift in positively and productively engaging the teeming youths of […]