Archive - Sep 29, 2010 - Blog entry
Peak Gold Is Upon Us
Submitted by madhedgefundtrader on 09/29/2010 23:17 -0500These are heady inflows into such a small space. All of the gold mined in human history would only fill 2.5 Olympic sized swimming pools and be worth $6.3 trillion. Annual gold production would only rank it 17th as a Fortune 500 company. It is also only 16% of global public debt markets worth $39 trillion. Gold would have to rise to $7,800 an ounce just to bring the two to parity.
Ontario Teachers' Comes Full Circle?
Submitted by Leo Kolivakis on 09/29/2010 21:52 -0500"The OTPP story is over. It will take a few years for this to become obvious."
An Exhaustive, Graphic Illustration of All of the Differences Between the Modern Democratic and Republican Parties
Submitted by George Washington on 09/29/2010 19:37 -0500This graphic EXHAUSTIVELY documents all of the modern differences between the two parties ...
Summers Skews the Playing Field for the Big Boys, then Blames Skyrocketing Inequality on a "Ruthless Economy"
Submitted by George Washington on 09/29/2010 17:03 -0500Poor Larry the Looter ...
Weak Dollar Wednesday - Which Way Now
Submitted by ilene on 09/29/2010 13:14 -0500Everything is proceeding exactly as I have foreseen - Emperor Palpatine
Bring on the Conspiracy Theories!
Submitted by madhedgefundtrader on 09/29/2010 09:14 -0500Has Obama ordered Fed governor Ben Bernanke to flood the system with $2 trillion of liquidity? A cynical ploy to give the economy a much needed shot in the arm that will enable the Democrats to retain control of both houses of Congress. Two more years of Obamanomics to follow. Never let the truth get in the way of a good story.
FASB to Fold on Mark to Market
Submitted by Bruce Krasting on 09/29/2010 09:01 -0500We have no chance. The regulators are stacked up against us.
Dissecting the Apple Flash Crash, or Why You Just Can't Trust These Markets
Submitted by Reggie Middleton on 09/29/2010 06:37 -0500There goes the markets for a day, or two, or seven hundred and twenty, or however long it will take for rational and sane investors to trust these markets, ever again.
Why the Case Shiller Index, Although Showing Another Downturn Coming, is Overly Optimistic and Quite Misleading!
Submitted by Reggie Middleton on 09/29/2010 05:51 -0500Now that the Case Shiller index has been the housing sound bite du jour, many would benefit in knowing that the index was designed to filter out the vast majority of the factors that are dragging down home prices today. That means that despite the fact that this most recent CS reading shows prices on the decline again, it in no way captures the whole picture. Even more pertinent, the parts that it doesn't capture are the worse parts. The Case Shiller index makes the housing downturn look downright rosy in comparison to the data on the streets - but you won't hear this from the mainstream financial media!
