Apple iPhone and iPad Track Where You Are

This morning the New York Times is reporting that Apple tracks and logs onto both your iPhone and iPad your physical location.  Two computer programmers reported the findings of their research at a San Francisco technology conference. Clearly this is further evidence...

Market Selloff Over Done

Yesterday the major stock market indices were each down over 1%.  I feel that the market sell off was over done.  Ostensibly the decline was because Standard & Poor’s cut the credit rating outlook of the United States government to negative.  This is the...

Official Chinese Inflation Has to Be Understated

Chinese official inflation statistics released yesterday show that overall consumer prices were up 5.4%.  This is the highest level since July 2008. Analysis: I have been saying for quite some time that China is in the midst of a massive asset bubble –...