Empire of Dunces

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Written by gloege

July 4, 2013 at 00:19

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Ainovo Novo 7 Paladin – Review

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I do not normally do product reviews. But I recently acquired an Ainovo tablet, and have been repeatedly asked about it, so there seems to be some interest at least. Purchased through their website, it cost 89 USD (!), including shipping and customs, you can add another 45 USD. At least in Germany. It carries the latest Android version, Ice Cream, Wifi, and a 7 inch screen. Initially, it took me a while to set everything up nicely, since all settings were in Chinese. Should that happen to you, then make your way to the settings app, like here…
IMG 0200.
After that, go to the icon that consists of an underlined A, like here…
IMG 0201

Then just click on the first item, and after that you will see your different language options.

After that, set up will be self-explanatory. Setting up email, twitter and the like is no issue at all. To the actual product. The screen is perfectly capable, fairly resistant against smudges, and while my subjective impression is that the iPhone 4 screen is far superior, I have no complaints about usability or clarity. Touchscreen is very capable, and while not as sensitive as Apple’s products, it is definitely usable. Software is easy to set up and use. Again, iOS is superior there as well. Battery life is within the parameters that advertisers always use. Not as good as advertised, but close enough not to be illegal. 5-6 hours of reading time. Wifi is sometimes spotty, but it gets the job done. A few more pictures…

IMG 0203
IMG 0207

In conclusion, I can say that for the money, the Novo 7 is absolutely worth every penny. But ONLY at this low price. It is clearly not as capable as an iPad, and is not trying to be either. If you can get it without the exorbitant customs charges here in Germany, then by all means, it is worth the expenditure. And such ends my entirely unprofessional review.

Written by gloege

February 5, 2012 at 03:30

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The one decent man in politics…

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…gets beaten again. Yesterday’s defeat of Ron Paul by Romney and Santorum is quite literally the death-knell for the US economy. Paul is the only man, who has always understood the problem, and also the only one who actually had a realistic solution, radical as it was. It is immaterial whether or not there was voter fraud, of which there are certainly indications. The panic that the establishment displayed in the run up to the Iowa caucus, and a potential victory by Ron Paul already showed quite clearly that they would do whatever it takes to prevent Paul from winning. In New Hampshire, Romney will win now, and from there on out, it should be fairly easy sailing. However, in the end it does not matter which one of these warmongers wins. Unless the US economy craters before the general election – definitely possible – Obama will win. If need be, there will just be another war, since apparently wartime presidents never lose. Obama or Romney will not make any difference either way. Both are more than eager to look for excuses to start wars. Both are economically illiterate, and in the banksters’ pockets. And both are eager to keep selling out their citizen’s civil liberties.

I can only encourage you to continue diversifying internationally. Get a second passport. Uruguay, Panama, Dominica, Chile or Singapore are just some of the good options there. Get your money into different currencies in various international banking centers. Singapore and Hong Kong are good places to start. Switzerland and Liechtenstein are certainly not what they used to be. Plan ahead. Do not get rolled over by the tidal wave of history. The status quo seems like it will go on forever. Until it does not. And then everything changes very quickly. Even if I am wrong, there is no harm in being prepared. And international diversification will also provide you with greater opportunities for profit.

Written by gloege

January 4, 2012 at 13:55

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The road to Damascus… according to Lew Rowckwell

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Written by gloege

December 30, 2011 at 19:03

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How war is being manufactured

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This post is a little different, in as much as it is not directly concerned with the markets. Instead, I feel compelled to speak up with regards to the constant warmongering by western media and governments. Libya was bad enough, but except in private, I remained quiet. But now Syria, and then inevitably Iran and Lebanon. There has to be a line, and these people need to be shown that line.

Focusing on Syria, especially in the last couple of weeks it has become obvious how the western civilian population and hapless governments are being manipulated by a London outfit called the Syrian Observatory of Human Rights. This organization under the leadership of one Rami Abdul-Rahman is busy putting out ‘news’ about the various massacres being committed by the Assad regime. Google News currently lists over a million news items by this Syrian Observatory of Human Rights. All the news that you hear in your local TV station and read in your newspaper, and even find on the internet, comes through this outfit. Independent journalists such as Webster Tarpley, Thierry Meyssan (German) and the German publisher Kopp Verlag confirm this. Clearly, the Syrian opposition is being financed and equipped by the same people that already toppled the Libyan regime. And the mainstream media are playing right along. A crime is being committed right in front of our eyes that will lead to thousands of deaths, and could conceivably even cause a third world war. Russia and China have a vested interest not to let another friendly nation fall to this so-called Arab Spring. Russia even has a naval base in Syria. To get a clearer picture of the geopolitics of the situation, I recommend an article by Stratfor that will show the various motivations at play in the Middle East.

We must not just swallow these lies. Even if we are powerless to stop this, at least individually, we have to stand against this constant warmongering. The internet has been the tower of freedom and independent information for years now. But it seems that more and more internet outlets are being co-opted into this drive for endless war. There are motivations at play here that we never hear about in the MSM. And there are forces at work that do not have the best interests of the various peoples at heart. The Syrian people deserve better than to be slaughtered at the altar of Western interests, like the Libyan and Iraqi people already have.

Written by gloege

December 21, 2011 at 15:16

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Guest Post: Breaking Down The Bullish Argument | ZeroHedge

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AN excellent post at Zero Hedge, addressing the constantly reoccurring meme that it is best to be a contrarian when it comes to following the herd. When the herd is overwhelmingly bullish, you are supposed to sell, and when the herd is overwhelmingly bearish – such as right now – you should buy. It is advice that has usually worked like clockwork. Except since 2008… Read.

Guest Post: Breaking Down The Bullish Argument | ZeroHedge: “”

(Via .)

Written by gloege

October 9, 2011 at 17:09

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Critical Times

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It has been a long time since my last update, on account of our regularly scheduled meetings. But I need to drop you a quick note in light of current developments. A lot has happened these last few months. The cartel for the suppression of the precious metals prices has essentially come out into the open, and nobody in their right mind can still doubt their existence. Our speculative portfolio also took a hit from all of this. Your best insurance, as always, remains to hold physical silver and gold. And not to hold it within the banking system either! Private storage! As far as speculation in paper silver and gold goes – this is an extremely risky proposition. The upside potential is enormous certainly, but so is the downside potential. Allow me to worry about that.

The reason for this current missive, however, is a different one. The Greek debt crisis is taking on systemic threatening proportions. Right now, a number of indicators are flashing warning signs. We are due for a correction anyhow. If you combine that with the upcoming end of QE2 (however temporary it will be) and the very real threat of a Greek default, which is appearing ever more certain these last few days, then we are talking about a crash of epic proportions within the next few weeks, possibly days. The dollar is rising strongly. Treasuries will also rise in this environment. Pretty much everything else will be sold off hard. Precious metals, commodities in general. Stock markets, emerging markets, you name it.

To name just a few red-flashing indicators – the Euro is dropping heavily and close to inflection points that might indicate a drop all the way to 1.25 to the USD. The Russell 2000 has fallen through every support level already, and now is just waiting for that final nudge, before a precipitous fall that looks to go all the way to 700, possibly more. Agriculturals (RJA) are also on the edge of their 200 day moving averages, and once they cross that have a ways to fall further still.

Step very carefully in the markets right now. Cash is not a bad place to be in. And you really want to have some cash on hand for all the buying opportunities, especially in the mining sector, once this crash has really gone through. Now obviously, I cannot look into the future. My analysis might be wrong. But the probabilities are strongly pointing in this direction. In the end, we are just dealing with probabilities after all. So – prepare. But do not yet get out of dodge and hide in the bunker. However, things could start to move very quickly very soon. Be ready.

Written by gloege

June 16, 2011 at 11:41

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