Archive - May 16, 2010 - Blog entry

A story of Ecuador and how things connect.

Lars Schall of MMNews Germany has recently interviewed many outspoken critics of the inner workings of our global financial system including former Federal Housing Commissioner and Solari Inc. President Catherine Austin Fitts and Associate Professor of Economics and Law at the University of Missouri,Kansas City (UMKC) William K. Black. Below is my recent interview with Mr. Schall.

Futures charts + open thread

After 10 weeks of being "all in", the bulls have retreated leaving investor sentiment with a neutral reading this week. This seems kind of odd as you would think that lower prices would be welcomed by those of bullish persuasion. Oh well! The "sure thing" has turned out not to be a "sure thing", and those who waited for the all clear are either back on the sidelines or have positions underwater.

Outspoken hedge fund manager Ray Dalio isn't shy about sharing his opinions with employees and clients. His Principles are a must read for any organization. And please, have the guts to follow Principle #11. If you don't, you're just another slimy weasel.