We covet that which we know

It's easy to understand that people are turning towards hard assetts durring hard times. Whats interesting is the uneven distrubution of requested information reguaring those assets across the world.

According to Google Trends, the search terms "gold price" and "silver price" are most commonly searched for by the Middle East, India and the Asia.

Interesting to see who is requesting information from a global perspective.

Social Media is having it's own 2.0 Moment.

With Google+ inconveniently hitting the dance floor like a confident nerd with some new moves, I feel we have moved into Social Media's 2.0 Moment - or "Group Awakening."

Now technically, Google doesn't even have to "win." We all win as it forces the hand of social medial into a natural small group comunication format. (Note to self. Get Masters degree in Small Group Communication. Yes it exists, will be a hot ticket.)

I've personally witnessed Facebook's relaunching of its "groups" and I'm not that impressed with it's "rushed effort." It lacked education for "transitioning communication ." Google has been good at launching new products. This will be an interesting turn.

Fast forward three years and they decide to split the the holly grail as there is enough revenue to go around. Just saying.

Turning Point

I call Turn! December 7th - D-Day. Bond vigilantes push the 10 year to highs not since July. This is a vote for non-confidence in the monetary structure. Skip Ireland, go right to the source of all fiat.

God, I have to get this blog organized.

Pop Culture Mirrors Business in this Fourth Turn

As pop culture keeps spitting out trash - reality TV, News Programing etc., big business seems to follow suit. Its been said that banks have taken their bailout money and using it to place bigger bets on derivatives this summer.

Materialism and greed has picked up right where it left off, like a crack addict resumed its debauchery after springing from a fall and winter rehab.

This is how I know we haven't turned yet. Pop Culture will shift to a much more aware and conscience theme as the economic events put a strain on life as we know it.

But I believe the turn is coming soon.

Its Been a While

since I last updated what I believed to be "the turn" in toady's society.  Blog writing is another form of, well.....writing all the time.  Yet our society pretends to make the blog this mystical creature we've never seen before.  Its an open digital diary.  Get used to it.  Just like Twitter's output in this format is not proportional to its hype.  We as a culture suffer many little turns as we collectively over blow the concept.  

The other reason is that I've been caught up in up trend in the market.  Bear market rally, Wave 2 "nothing goes straight down" uplift in stocks and commods.  CNBC was pissing me off with their "its going to be rosy" drum line so much that I stopped listing to them a month ago and, shockingly, I don't miss them.  My financial news is now totally online.  I don't even pick up a paper at the airport because it was written yesterday.  

But I stopped writing because I looked at the market and I stopped looking at society.  Got caught up trying to turn a "short-side buck" that I stopped listening to what was going on outside the Financial establishment.  Green shoots seemed to supersede job loss and his alcoholic  brother, foreclosure .  Not to mention, just listening to what people were saying.  The concern, stress and collective consciousness of discussing the car wreck, and projecting on other things we mind find down the road.

So there.  That's why.  The first step is recognising the problem and if you don't mind, this is my first "turn."  It feels good to be writing.     

The D Word

I'm hearing it more often in the media now. At first it was "Are we in a recession?", "We must be in a recession" transitioning to an official "We've been in a recession for a couple of quarters now."

Now it appears that I seeing building momentum for the word depression. Yesterday Prime Minister Gordon Brown apparently "slipped" and used the word depression. The mere fact that he slipped brought the introduction and curiosity to a word and its social timing. Was it a slip? His intentions do not matter, as it had already been given judgment in the public's mental court.

Today Baseball Commissioner Bud Selig said " “We’re in the worst economic downturn since the Great Depression. No one seems to know where this is headed. Obviously, I’m very concerned. … I’ve lived through a lot of economic recessions in my day. I’ve never seen anything like this. And neither has anybody else.” Bud's not saying were in a depression but is that's not really the point. The word "Depression" is getting more airplay and eventually it to will become accepted nomenclature.

Paying attention to how a society uses language is a better prediction than cheeleaders on CNBC. Pay attention to the2urn.

Materialism Creep

As time moves on we as a people collectively gravitate towards higher levels of self-gratification and instant reward. This "Materialism Creep" will typically last 80 years, giving us enough time to stack enough "biggie sized excess" in our culture to the point where it can't sustain itself and it crushes the collective mindset in a domino cascade. ( See; 1849 gold rush, 1929 stock crash and 2009 monetary implosion)

Gratification is chosen over morals in all facets from politics, finance, media, relationships, commerce and so on. You know you're getting close to the crest when you witness blatant fraud and depict consecutively in multiple facets of life.