Nouriel Roubini on carry trade… and the anemic recovery

Doctor Gloom:

Jim Rodgers on gold:

Peter Schiff on Wall Street, US dollar, US Treasury bonds, China, Barack Obama, US economy, US jobs, US housing market, US tax credits, US student loans, Warren Buffett, Bill Gates, America, capitalism, assett bubbles, US bailouts, Ron Paul, gold standard, paper money, our Founding Fathers, etc.

No Gravatar

Peter Schiff (November 13, 2009):

Peter Schiff (November 9, 2009) on US dollar carry trade:

He is running for US Senate:

InTrade.Nets free workforce: Calling a spade… a spade.

No Gravatar


Here&#8217-s my answer to Jamie Burrows:

  1. Midas Oracle is an independent publication &#8212-independent from InTrade, and from the other prediction market organizations. We say what we want, here.
  2. As I explained in my comment, there are 2 situations. Case #1 is Inkling Markets and HubDub who ask for volunteers and make it clear that there is no compensation for managing the play-money prediction markets. Case #1 is as clear as spring water. Case #2 is InTrade.Net who ask for volunteers and lure them by floating a &#8220-compensation&#8220- who would be made up of proceeds from Google AdWords/AdSense. The problem is that it is well known that this program brings peanuts for the sites and pages that receive a low web traffic. (And for the high-traffic sites, the revenue collected from ads doesn&#8217-t pay for the time spent on writing for the web publication. See #4.)
  3. Luring small people into thinking they can get &#8220-compensated&#8221- by working for InTrade.Net is thus highly un-ethical &#8212-to say the least.
  4. My dear Jamie, isn&#8217-t the role of independent publications to inform readers about things that big corporations want to hide from the public?

Adam Siegel of Inkling Markets has computed that blogging is important to a small business.

No Gravatar

Inkling Markets:

Here are the jobs we&#8217-re currently looking to fill:

Director of Business Development
Take the reigns to plan and direct Inkling&#8217-s ongoing business development efforts. This includes everything from identifying and evaluating new market opportunities, working on public relations initiatives, forging strategic partnerships, initiating proposals, negotiating contracts with our enterprise clients, and helping to manage existing accounts. Our ideal candidate will have demonstrated the ability to sell software as a service to large enterprise clients or has proven to be effective at launching new product lines and developing new strategic initiatives for at least 5+ years.

Customer Support
Inkling provides technical support to all its clients. From the trader who has a question about their balance to a marketplace administrator who has questions about how to run a market properly, we&#8217-re looking for someone to be our interface for these types of questions. It&#8217-s ok if you don&#8217-t have an intimate understanding of prediction markets now, but our ideal applicant will have shown excellent communication skills, both verbal and written, will have effectively managed multiple work threads at once, and will not be afraid of venturing in to other activities going on in the company, i.e. supporting business development efforts, doing customer outreach and blogging, performing research, and even doing application testing when necessary. We&#8217-re particularly interested in recent college graduates [*] for this position.

But you&#8217-ll notice that he would assign the junior employee (not the business development executive) to blogging.

[*] Yeah, fresh people are cheaper and more flexible.

BetFair-TradeFair and the National Security Agency (among others) are giving away $260,000 in tournament prizes to attract the worlds best nerdy geeks (who cant fry an egg, cant get a Friday night date, but can decipher a computer algorithm).

No Gravatar

The 2008 TopCoder Open @ Las Vegas, Nevada, U.S.A. – 2008-05-11~15

BetFair Corporate – Jobs &amp- Careers

Previous blog posts by Chris F. Masse:

  • A second look at HedgeStreet’s comment to the CFTC about “event markets”
  • Since YooPick opened their door, Midas Oracle has been getting, daily, 2 or 3 dozens referrals from FaceBook.
  • US presidential hopeful John McCain hates the Midas Oracle bloggers.
  • If you have tried to contact Chris Masse thru the Midas Oracle Contact Form, I’m terribly sorry to inform you that your message was not delivered to the recipient.
  • “Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”
  • Meet professor Thomas W. Malone (on the right), from the MIT’s Center for Collective Intelligence.