Outrage at eBay fees prompts fresh competition!
November 24, 2010
For years, people and business have been using eBay as a great way to sell unwanted stuff or to boost sales, but for many, unless you are a mass-retailer of foreign-produced goods, it is almost impossible to turn a profit, with their tax on revenues and high listing fees.
Well now a new entrant has hit the online auction market, more determined than any before to make a real impact on eBay’s monopoly position in the market. Yes, http://www.unibidder.co.uk is not started just to make a profit, and has actually been started by investment-banker Vivian James Watts, who simply wants to provide an alternative to eBay. Hopefully, users will start to realise that what eBay offers, in reality, is nothing more than a meeting place for buyers and sellers, and they charge an insane amount of money to do so.
Therein lies Mr. Watts’s gripe - he started UniBidder with the intention of offering a useful service that costs nothing to provide.
What eBay’s share price suggests, is a huge increase in the value of the company, assuming the future estimations of their market share are accurate and competition remains unheard-of as has been the case in years gone. Keep an eye on the newly-formed UniBidder.co.uk, and others like it, who may pose a significant resistance to the domination and exploitation of eBay in months and years to come.
This post was submitted by unibidder.
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China and Russia renounce US dollar for trade
November 24, 2010
China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.
This is pure madness for the US dollar. Coupled with North and South Korea on the verge of a full scale war we would assume that Gold and Silver will rise on this breaking news, but it didn’t rise at all. In fact both Gold and Silver appear to be taking a slight nosedive on another China story, that they are raising interest rates to prevent people from buying gold and silver.
It’s almost funny, it’s like we woke up one morning, and found China being the sole superpower on the world, that at a whim can raise or drop your fortunes in 5 seconds flat.
Enjoy the new reality.
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Blackberry App for Spot Prices of Gold and Silver from Ounce.Me
November 19, 2010
Now there is a blackberry app for the spot prices of Gold and Silver on Ounce.Me. The mobile enabled application to allow individuals to check on the spot price of Gold, Silver and it even includes the all important Gold / Silver ratio. Which is completely viewable right at the coin shop. Literally one can see if someone is “ripping you off” in real time.
If the coin dealer say “the spot price of Silver is $25 dollars” but your app is showing the real time exact spot price of $29.43, you know you are getting the shaft for $4.43 per ounce.
The same applies to individuals that go to any “we buy gold” shop and they state that the spot price of Gold is $1,302 when in reality it’s exactly $1,322.00 that’s an additional $20 dollars that belongs to you.
This is a must have app for any coin dealer or any individual that deals with silver and gold bullion. It’s also a must have app for anyone that wants to sell to these establishments. The point is it provides a clear cut non-arguable spot price that finally buyer and seller can use as legitimate starting point for the buying and selling of Gold and Silver.
As far as we know, there is no app like this anywhere, and all blackberry users finally can trade with full understanding of what the spot price is. All other mobile users (such as iPhone users and Android users) can of course navigate to the http://www.ounce.me website and view the fully mobilized real time spot prices of gold and silver as well.
Free Enterprise is amazing huh? This might be the first time in history that both buyers and sellers of precious metals are able to see the exact spot price in any location at any time.
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Ounce.Me Reporting that Gold Silver Ratio has dropped to 1:49
November 19, 2010
Breaking News - Ounce.Me is reporting that the Gold / Silver Ratio has dropped to 1:49
This is a breaking news development.
Gold has over the past year traded as high as 1:66 (meaning it took 66 ounces of silver to buy 1 ounce of gold) This is the first time in years, perhaps decades, that it has traded in the 40′s
Again this is a breaking news development, Spot price of silver is currently $26.74 and spot price of gold is $1,322.20
It’s surprising, but not when “the word is out” That Silver is more precious than Gold ….
Pretty cool to see this happen in real time. Good job ounce.me :)
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White iPhone 4 Confirmed – Only on Verizon Network – Not AT&T
November 19, 2010
We broke the story on November 1st that Verizon is getting the White iPhone 4 exclusively from Apple. Roughly 3 weeks after we broke the story, these images started to surface .
We contacted our source and it was CONFIRMED that is a Verizon iPhone. In other words, our source was right 3 weeks ago. Also we got some more dirty details on what the deal is!
Evidently we were told the following (again, same source that was right before, but not confirmed from a secondary source).
1 - Verizon’s White iPhone 4 will go for about 199
2 - AT&T will not get the White iPhone 4 for nearly 4-6 months after the Verizon Exclusive deal.
3 - The Phone initially will have some “perks” for people that switch from AT&T to Verizon. It was hinted that the White iPhone 4 might only be available to “new Verizon Network Customers” Meaning only the people that switch from AT&T to Verizon will be able to get the White model for a short period of time for the subsidized price.
Again, the source we had was 100% spot on 3 weeks prior to the confirmation, so this in our opinion is credible.
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4 years later – The Ferris Bueller Day Off house still won’t sell
November 15, 2010
Ferris Bueller’s Day Off, the famous house where we all saw this scene. Has been reduced from nearly 3 million to 1.65 million, and still no takers.
The home listed at 370 Beech Street , Highland Park , IL is for sale. But due to the economy no one has 1.6 million dollars laying around to go buy it. Actually the market is even smaller. The market is literally who has 1.6 million in Highland Park, IL that is looking for a new house and not happy with their current one.
Many people in a heartbeat would love to own that home, but simply can’t afford it. There is no line of .com millionaires, there’s no line of real estate moguls, the only line now is at the unemployment office.
It’s amazing that in an economy like this even a famous house like that has no takers and has been sitting on the market for years. Amazing stuff… Enjoy the new reality.
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Get your KARDASHIAN Debit Kard! LOL!! It’s Cheap!
November 10, 2010
KARDASHIAN KARD! POS! I am crying laughing at this cost sheet, here it goes people!
$100 dollars to open it up and it comes with a $5 credit!! LOL , $1 dollar to add money to the debit card, $8 a month!
It doesn’t quit, not at all…. each time you use the ATM it costs $1.50 on top of the normal ATM fees, if you want to call in to customer service, it’s $1.50 to talk to a human on the other side.
if it’s declined ANYWHERE it’s $1 unless your overseas, then it’s $2 … even if it’s declined due to their fees…
This thing doesn’t quit, you’ll have to pump $1000 dollars into it in order to buy something for $10 bucks.
But you do get a pretty picture of three babes on the debit card… so it’s worth it right? Right? RIGHT?
Enjoy the new reality.
Oh one more thing, if you wanna close your account it’s $6 bucks..
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ICS Compliance Adds to Service Offerings Through Asset Management/Broker-Dealer Group
November 10, 2010
New York, NY – ICS Compliance’s Asset Management/Broker-Dealer Group now offers regulatory consulting services to investment advisors (registered and unregistered), investment companies (hedge funds, private capital funds, fund of funds, mutual funds), and broker-dealers to meet the challenges posed by increasing regulations such as the Dodd-Frank Wall Street Reform and Consumer Protection Act. Group President Gary Swiman leads the team of highly experienced investment advisor compliance consulting professionals, who collectively average more than 20 years of experience.
“Our commitment to our clients is to make them compliant with the current regulatory environment as well as to address long-term issues by managing regulatory expectations,” stated Mr. Swiman.
ICS Compliance CEO John F. White added, “We are excited to be part of the investment compliance solution and look forward to working with asset management and broker-dealer firms to enhance or maintain their compliance programs.”
For additional information, please visit the ICS Compliance Asset Management/Broker-Dealer website at: http://www.ICScompliance.com/AssetManagement.aspx
About Gary Swiman, JD, CPA, CFE, CFF, CAMS
As the President of the ICS Compliance Asset Management/Broker-Dealer Group, Mr. Swiman brings more than 20 years of experience in investment management to the clients of ICS Compliance. As a published author on various regulatory topics, he has extensive experience with the Investment Company Act of 1940, the Investment Advisor’s Act of 1940, and broker-dealer compliance. Mr. Swiman’s complete professional biography can be found at:
http://www.ICScompliance.com/CompanyManagement.aspx?cid=1
About ICS Compliance
As compliance specialists, ICS Compliance focuses only on regulatory issues for financial institutions. Their seasoned professionals, with previous experience as Compliance Officers and/or Federal Regulatory Examiners, provide financial institutions with invaluable expertise and insight. This competency, along with their tailored approach and strong regulatory awareness, provides clients with the confidence that comes from hiring experts in compliance. Serving institutions nationally from 17 offices, ICS Compliance provides customized compliance programs, remediation projects, and consultation.
Contact:
Gary Swiman
[email protected]
267.670.1958
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Missile Launch 35 miles from LA – US says not their missile
November 9, 2010
Missile Launch 35 miles from LA - US says not their missile. The magnificent images were captured from the KCBS chopper around 5pm. The location of the missile was described as west of Los Angeles, north of Catalina Island, and approximately 35 miles out to sea.
A Navy spokesperson tells News 8, this wasn’t its missile. He said there was no Navy activity reported in that part of the region.
That’s great news, it’s possible we got another country launching ICBM’s 2 inches from our border and it takes a news helicopter to find out.
I’d like to know who launched it. If it was our guys then fine… but if China or North Korea are “testing crap” 35 miles from LA then I think the American Public needs to know.
- Edit 1:19 PM EST —
NORAD and USNORTHCOM are aware of the unexplained contrail reported off the coast of Southern California yesterday evening. At this time, we are unable to provide specific details, but we are working to determine the exact nature of this event. We can confirm that there is no threat to our nation, and from all indications this was not a launch by a foreign military. We will provide more information as it becomes available.
–End of Statement–
————————-
— Edit 11:40 PM EST —
This was discovered as an air traffic alert:
KZLA LOS ANGELES A2832/10 – THE FOLLOWING RESTRICTIONS ARE REQUIRED DUE TO NAVAL AIR WARFARE CENTER WEAPONS DIVISION ACTIVATION OF W537. IN THE INTEREST OF SAFETY, ALL NON-PARTICIPATING PILOTS ARE ADVISED TO AVOID W537. IFR TRAFFIC UNDER ATC JURISDICTION SHOULD ANTICIPATE CLEARANCE AROUND W537 AND CAE 1176. CAE 1155 WILL NOT BE AVAILABLE FOR OCEANIC TRANSITION. CAE 1316 & CAE 1318 WILL NOT BE AVAILABLE FOR OCEANIC TRANSITION. CAE 1177 WILL BE AVAILABLE FOR OCEANIC TRANSITION. W537 ACTIVE, CAE 1176 CLOSED. SURFACE – FL390, 09 NOV 20:00 2010 UNTIL 10 NOV 01:00 2010. CREATED: 08 NOV 20:52 2010
So what exactly is the Navy saying they don’t know anything about when they are clearing air traffic from the area the day before?
—- End Edit —
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ShopKeep.com Featured November Inc. Magazine Entrepreneur
November 8, 2010
New York, NY-November 8, 2010 – ShopKeep.com founder and wine store merchant Jason Richelson has been featured in the November issue of Inc. magazine.
ShopKeep.com is a simple web based point of sale system designed by a wine shop retailer. Although ShopKeep.com was originally designed for the wine trade, the system allows all types of small retail shops to easily ring up sales, take credit cards and cash, print receipts and manage inventory right from their web browser.
According to Richelson, Founder/CEO of ShopKeep.com and previously a founder of three New York City retail shops, “It quickly became clear to me that there were no simple point-of-sale systems on the market that suited the specific needs of a wine merchant. I developed ShopKeep as a simple, web based pos system that fits perfectly with the needs of all types of small retail shop owners. It works on both PC and Mac and is super simple to use, but provides robust reporting and inventory management capabilities.”
Inc. magazine’s “Elevator Pitch” article features entrepreneurs with big ideas seeking investment capital. According to David Rose, chairman of the New York Angels, an independent consortium of individually accredited angel investors, “ShopKeep is a very nice application that clearly grew out of a retailer’s frustration with traditional point-of-sale systems.”
For more information about ShopKeep and its benefits for wine merchants and other small retail shop owners, visit http://www.shopkeep.com.
Contact:
Jason Richelson
[email protected]
646-706-7587
###
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