Archive - Jan 29, 2014 - Blog entry

Can you spare a tuppence your Fraudship?

Below, we use a mission to Mars to clearly illustrate the insanity of Central Bank-speak.

Americans Are Starting to Wake Up from their Fear-Induced Haze

Nearly six years after the financial crisis and its massive bailout, it looks like business as usual by the bankers in RBS and in the City of London and Wall Street ... The smart money is either continuing to accumulate physical or transporting already purchased bullion from storage in the U.S., Canada, Europe and other western countries to storage in Asia.

Don’t you just hate the smuggish guys that sit behind desks and that say ‘I told you so’? There’s probably only one thing you hate more and that’s the racers that are running to predict the end of the world. Doom and gloom. 

The end of sanity...

There are some significant set ups in several key charts. 

If the Fed doesn't "save us" this afternoon - I don't know what will.  

I go at Krugman again for speaking about something of which he seems to understand relatively little about. I actually have some help this time around, though.

The 2008 crisis never ended as issues of excess credit and economic imbalances were never resolved. Turkey is the latest installment in the rolling crisis.