5/12/11

Followup to Does SLV Have Any Silver

I wrote a followup article to my SLV post. It's available on Seeking Alpha.

I asked the sponsor of ETF Securities' SIVR, a similar physically backed silver ETF, some questions about the custodian. These included how silver is stored, where it comes from, and what happens when shares are shorted.

I also asked refiners whether they manufactured the silver bars on the iShares and ETF Securities lists.

The Revolving Door Keeps Turning

Remember when Comcast (CMCSK) took over GE's NBCUniversal? Meredith Baker, an FCC commissioner that voted to approve the deal, just got a new job. That's right, she'll be working (more openly) for Comcast as senior vice president of government affairs. The revolving door keeps turning.

5/11/11

The United States of America, Canada, and Mexico?

WikiLeaks exposes North American integration plot:

As early as January of 2005, high-ranking officials were discussing the best way to sell the idea of North American “integration” to the public and policymakers while getting around national constitutions. The prospect of creating a monetary unit to replace national currencies was a hot topic as well.

Some details of the schemes were exposed in a secret 2005 U.S. embassy cable from Ottawa signed by then-Ambassador Paul Cellucci. The document was released by WikiLeaks on April 28. But so far, it has barely attracted any attention in the United States, Canada, or Mexico beyond a few mentions in some liberty-minded Internet forums.

But who, besides Judge Napolitano cares about the Constitution anyway? Or any of our laws when they're not enforced against the little guy?