• Gold Money
    05/03/2016 - 11:35
    Crude oil time-spreads have completely dislocated from inventories. Historically, such dislocations have proved to be short lived. We expect that either spot prices will sell-off again or the back...

Frontrunning: April 8

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Thu, 04/08/2010 - 09:10 | 291353 docj
docj's picture

Jobless recovery becomes more jobless and less recovery: initial claims spike by 18k to 460,000, miss expectations by 25k

The MSM of course reports this development as "unexpected" - which is rapidly becoming the single most overused word in the entire history of the English language.

Thu, 04/08/2010 - 09:19 | 291368 ZackAttack
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I think the expecters we have really suck and we need new ones.  

Thu, 04/08/2010 - 09:30 | 291383 mark456
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Thu, 04/08/2010 - 09:42 | 291395 hedgeless_horseman
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Geithner, Wang Issue Statement

The U.S. Treasury secretary and China's vice premier issued statements saying the sides had exchanged views on bilateral relations and the global economy, but it didn't mention currency.

Currency?  Why would they talk about currency?

Thu, 04/08/2010 - 09:51 | 291417 docj
docj's picture

Oh, I'm sure they talked about currency, but my guess is that the conversation went something like this:

Turbo Timmy: I'd like to bring up the subject of currency...

< blatant political-incorrectness >

Chinese counterpart, interrupting: You no talk about our currency, and we no blow-up your 10-year bond auction, okey-dokey round-eye?

< /blatant political-incorrectness >

TT: Uh, okey-dokey.

Thu, 04/08/2010 - 09:56 | 291428 Dark Space
Dark Space's picture

You lose credibility by leading with a story by Weil - he has mastered taking MSM headlines, putting what initially feels like some tangible "deeper" research around them, but screwing up the facts in the process. So, it "sounds" good, but a critical read of his articles quickly reveal that there just isn't that much there.

Thu, 04/08/2010 - 10:32 | 291462 lsbumblebee
lsbumblebee's picture

Very interesting article at iTulip regarding the silver price manipulation:


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