Certified Conspiracy-Free

“The extent of tax fraud by the Swiss has no numbers”

I remember watching Neil Armstrong land on the Moon...

Smart Money acknowledges its big miss with GATA and gold

Submitted by cpowell on 12:42PM ET Saturday, August 25, 2012. Section: Daily Dispatches

3:40p ET Saturday, August 25, 2012

Ben talks, the WSJ blows smoke and storms grow.

Iceland Shows the Way

They could have been soul mates

Silver is going to blow SKY HIGH!!

Another thesis regarding the housing market’s future path is that of a bounce and slog market. The theory focuses on the negative equity home owners and also the low inventory on the current market. This view point actually holds some solid ground. As of last count, there are over 11 million negative equity home owners in the US. This data is usually put out quarterly but with the stronger home price movement this summer, many will move out of the negative equity position. The theory proposes that many are not selling today simply because they cannot without bringing cash to the table. Out of the 11 million underwater home owners, how many would like to sell but simply do not because they would actually lose money on their sale? This is an interesting perspective on the underwater segment of the market. Yet the outcome is probably not as clean cut as one would expect.

and the Bain way...

Bernanke has all but admitted this recently, saying "I assume there is a theoretical limit on QE as the Fed can only buy TSYs and Agencies… If the Fed owned too much TSYs and Agencies it would hurt the market."

Up to his neck: the Governor of the Reserve Bank of Australia—the latest in a series

The TK-4 has 11 ASI machined exterior gun ports: 8 standard gun ports and 3 sniper gun ports with a 7” opening for sniper rifles. Perfect for rescuing kittens that are stuck in fallen trees...

NOT Because of the Attacks ...

Presented in good humor...