Archive - Mar 2012 - Blog entry

Could housing prices be stabilizing?

Below is the broad view of igold bugs ndex symbol $HUI, which shows how the analog has strengthened recently. The key, of course, is to break beneath that lower horizontal line. If we can do that, life gets interesting in a big hurry.

Quick follow up poll results indicate only 23% find the euro exit study the Freedom Party released on Monday dependable (from expatica.com). The poll results were released by Maurice de Hond, who is the the nation's busiest and most frequently cited purveyor of these things.

Unleash the lawyers, um, ... soccer players.

Break a leg...

Subprime Goes to College

Remember, just last week Bernanke told Congress that no more QE was coming. Also remember that the Fed has been largely using verbal and symbolic interventions to prop up the market rather than actual money printing or new monetary policies (Operation Twist 2 only shuffles the Fed balance sheet; it doesn't actually inject more money into the system).

With all of the Goldman and sell side hype, as well as many other sources focusing on nearly meaningless metrics failing to capture high growth cos. value, I decided to update my report to reveal usable knowledge and info.

We are getting that deja vú feeling all over again. Remember what happened this time around last year?

All you need to read.

...know when to walk away, know when to run.

As we all wait with baited breath for the events to play out in Greece, I thought it would be fun to have a look at some developments in the manufacturing sector in the Netherlands. I also got a kick out of all the stuff posted yesterday on the Chevy Volt.

Mitsubishi is pulling out of Colt and Smart Forfour manufacturing in Born, Limburg and is looking to sell its assets there. Wikipedia gives some background on Nedcar for those who are interested.

Paging the eurozone: Coercing banks to lend into a recession didn't work here in 2008. It made things worse.

Hint: Gold

A dysfunctional system takes its toll.