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a news story nearly nobody is talking about, is uranium juniors are down 50-80% since japan crisis. heres a good commentary about it: http://www.youtube.com/watch?v=f-EkkhJi9VY
European sovereigns blowing out again. Greek at new highs and the 10 year is now 50 bps higher this morning! Ireland blowing out, though not at new highs after a big short squeeze, and Portugal 10 wider and threatening to break 9% for the first time. Spain also 10 wider. That is the one to watch. Only trading at 5.4% yield for 10 years, but a 10 bp move on that is something to be very wary of.
Losing 84 Cents on Dollar Reveals Runaway U.S. Public Pensions
Yep. Great article. Tell me more about your "civil right" to have the inability to say no (collective bargaining) to giving your money to people who buy real estate and golf courses. Oh and pay that fund manager to send their kids to the best schools and universities and vacation all over the world. And don't pretend that Louisiana is any different than the rest of the country. Your union bosses rob you blind with their pension agreements.
Today I had a lunch meeting with the head of large account portfolio manager of Bank of Breda and that guy was talking about just 1 thing that he advices to all his clients:
Buy gold & silver. Inflation is going to hit in the Eurozone like a hurricane in the coming 6 months.
I always thought bankers didn't really care about this commodity, but he said it like his was scared shitless.
Funny thing is that on their investment advice mailings, they don't mention it even 1 time.
Bank of Breda represents big money here in europe. You don't get to be a customer just because you want to.
And once big money starts to flow into the PM's, I think we'll be starting to see some big movements here.
next up: in 6 months or 1 year, we'll see the sheep move in.
Be careful next time you order egg foo young, Tyler.
"China Vows to Punish Those Responsible for Leaking Economy, Inflation Data"
phd in cell biology. check - Yale. medical degree. check - Yale. residency. check - Harvard. hedge fund manager. check - FrontPoint. contribution to society - you decide.
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