Archive - Dec 5, 2010 - Blog entry

Not even close.

“A thief who steals a check payable to bearer becomes the holder of the check… but does not become the owner of it.” 4closureFraud.org

Last week’s explosive rally was due to three factors:

1) Stocks came perilously close to breaking down so the PPT stepped in
2) A bullish falling wedge pattern in stocks
3) Euro options expiration/ ECB intervention

Regarding #1, stocks came right on the verge of breaking below their 50-DMA. Given the technical nature of the stock market rally (the market hasn’t traded based on fundamentals in months) this would have heralded a major decline.

Incredible leaked draft of Hillary WikiLeaks Speech...

Boasting? Lying? Or just blind?

The gold market for physical gold is getting warmer every day. I don’t mean gold coins or gold measured in grams. I am talking about Gold measured in oz. per ton.

There are more ways to be exposed to gold besides buying the shiny metal in its finished refined state. There is also a way to own physical gold reserves in the ground. I call it Natural Gold. It’s still trapped in the rock. There is no reason the gold you own, has to be refined and shiny.

What major macro themes will impact financial markets and the global economy as we head into 2011 and beyond?

Twas the night before Squidmas, when all through Goldman Squid house...

Wikileaks probably has tens of thousands of mirrors now, in response to the US government's attempt at censorship. You see, Censorship is to the Internet as Contagion is to a Host Body. The Internet (eg. the host body) moves to remove censorship as contagion. See below:

I don’t know if you have noticed what I have, but lately it appears that people are using Copper as a poor mans currency. I started to notice during the crash of 2008, that copper was being sold in a .999 pure bullion. The photo attached is for a single troy oz of “Fine Copper”. The list price for this copper, as is, was 12 dollars. Think about that for a moment.