Archive - Apr 2011 - Blog entry

Libyan rebels took time out from their rebellion in March to create their own central bank - this before they even had a government.

"It’s only stable in the sense that you’re dangling from a cliff hanging by your fingernails. And as the time goes by, each fingernail starts to crack. That’s the situation now."

Sign it, steal it and Hudson River it...

The deflating Dollar is the World's Reserve currency at 62% of all the money in the World and growing fast as Ben buys 'em as fast as Timmy can print them and then loans them out to the Banksters, who promptly lever that money 10:1 to buy commodities.

In a follow-up to my article on Argentina's road to hyperinflation, it appears that Presidente Cristina de Kirchner is getting nasty in the way all autocrats get nasty: kill the messenger. As mentioned in my previous article, the level of ignorance, stupidity, and demagoguing by de Kirchner and her central bank head, Mercedes Marco del Pont, is vast.

The financial blogosphere has since been gripped by speculation as to why Goldman did this. Is it allowing Goldman’s inhouse folks to load up on these prices on the cheap? Does Goldman really think the commodity story is over? Did God call and tell them that His work meant selling commodities in April (yes, I made that last one up). In the end, none of these explanations matter. All that matters is that Goldman has presented us with a buying opportunity in the commodity space

Yesterday, Goldman Sachs decided to call the top in commodities. But the markets are telling us something different...

When evaluating a money manager, what's more important, process or performance? Are hedge funds that sell premium (short vol) better than ones that buy premium (long vol)?

The market traded down today as earnings season began not with a bang, or a whimper, but with a

Historic Origin: A phrase meaning to be betrayed by another. Originated during the slave trade in America.

Tyler may get a lot of things right, but his stance on QE2 is not A-OK.

We've been seeing all year that higher input costs are not being passed on to the consumer - that's a margin squeeze! Do you think the people buying the market up to it's 100% levels didn't know this?

Instead of bemoaning Bernanke and his policies, why don’t we all do something about it? I didn’t vote for this guy. None of us did. And yet we’re all paying the price (literally) for his policies. How do we vote against him? Simple. Buy Gold and DON’T buy stocks. Don’t fall for the “stock wealth effect” BS and instead invest in something the Fed CAN’T devalue.

Cesium half life--Radioactive swimming--Waves of Prussian Blue

All cynics who think DB plans are "dead," should read about how Canada's Healthcare of Ontario Pension Plan (HOOPP) protected assets during the 2007-2008 financial crisis and has successfully run one of the best fully funded pension plans in the world...