Frontrunning: April 8

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Fri, 04/08/2011 - 08:28 | 1149334 tek77blu
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great interview with peter grandich on gold, silver, mining equities, uranium stocks in a post-japan world, and how to sell a position:

Fri, 04/08/2011 - 08:32 | 1149337 Cdad
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Japan's economy is in a "severe condition" with no quick recovery in sight

 Really?  Don't tell the criminal syndicate known as Wall Street.  They are more bullish on Japan than I have ever seen since...I was born.  

Just another thing that makes you go hmmmm.

Fri, 04/08/2011 - 09:14 | 1149468 A Man without Q...
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Nikkei rallied nearly 2% on the back of earthquake not being as bad as expected....  

Fri, 04/08/2011 - 09:16 | 1149479 John Law Lives
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If one broken window is good for the economy, devastation on a wide scale must be great for the economy.

Fri, 04/08/2011 - 09:21 | 1149504 Cdad
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More interesting than the Nikkei the S&P.  Look where it stopped this morning...exactly yesterday's high.  And so dumb ass computer criminal syndicate brokers bailed out their bad moves from yesterday.  All it took was a complete load of bullshit, carried by the BlowHorn, a futures bid...a pop in commodities overnight...a lift in Japan...some whoop ass on the US dollar...and presto...the dumbest traders from yesterday are made whole.

Again, this isn't a market any more.  When the market perpetually rewards the worst trader in the room, then it's a Ponzi scheme.  And we all know how those end.

Fri, 04/08/2011 - 11:35 | 1150043 velobabe
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cdiddy, japan panics over no cigarettes. bullish for big tobacco companies.

Fri, 04/08/2011 - 08:31 | 1149345 westboundnup
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Japan says economy is in "severe condition."  At Appommatox when an officer asked Lee to surrender, he replied "What would the country say?"  The officer responded "To hell with the country!  There hasn't been a country for at least a year."  I think that sentiment could be applied to the Japanese economy right about know.

Fri, 04/08/2011 - 08:36 | 1149351 Jim in MN
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"Chief Cabinet Secretary Yukio Edano says the government will restrict the planting of rice in the area around the Fukushima Daiichi nuclear plant if levels of radioactive substances in rice might be expected to exceed legal limits."??--NHK


Fri, 04/08/2011 - 08:40 | 1149356 John Law Lives
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<<<  Japan says economy in "severe" condition  >>>

But, but, but the GDP of Japan in 2011 is only supposed to contract 0.2% as a result of the ongoing disaster.  All that massive reconstruction is going to be good for them...

Too bad there is not a virulent strain of the flu bug that only infects Keynesians.


Fri, 04/08/2011 - 08:53 | 1149402 Drag Racer
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Too bad there is not a virulent strain of the flu bug that only infects Keynesians.

Ask Bill Gates, he may have something...

Fri, 04/08/2011 - 08:46 | 1149380 overmedicatedun...
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gov in full panic over this world wide mess..

gov speakers all talking it's really not so bad, no really it is going well ..gee QE has worked by our academic modeling really it has worked so well we will do more.

do not worry we are in charge

chilling days indeed.

Fri, 04/08/2011 - 08:52 | 1149394 Drag Racer
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this shit is just funny. I wish these wipes would understand my brain is clean already, stop washing me...

08:11AM Stocks head for gains as shutdown looms 08:08AM Stocks poised to rise as oil prices jump again
Fri, 04/08/2011 - 09:12 | 1149461 John Law Lives
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Government shutdown is bullish...  Stocks should rise.

Surging oil prices are bullish...  Stocks should rise.

HAL 9000 decides stocks should rise.  Stocks will rise.

Fri, 04/08/2011 - 08:53 | 1149397 Dapper Dan
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Radioactive water spilled at Onagawa nuclear plant in Miyagi

TOKYO, April 8, Kyodo

Radioactive water spilled from pools holding spent nuclear fuel rods at the Onagawa power plant in Miyagi Prefecture following the strong earthquake late Thursday, the nuclear safety agency said Friday.

But authorities said no cause for alarm,  an order of Bounty bigger picker uppers is on the way, spill will be cleaned up by market close today.

Fri, 04/08/2011 - 08:54 | 1149401 the not so migh...
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They ran out of road to kick the can, it is now on the dirt path, over the river and through the woods we go.

Fri, 04/08/2011 - 09:10 | 1149462 A Man without Q...
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No, what happened was at the end of the road was a brick wall, so when they kicked the can it bounced back and smacked them in the face...

Fri, 04/08/2011 - 09:27 | 1149526 Mike2756
Fri, 04/08/2011 - 09:34 | 1149544 hedgeless_horseman
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The Benrnank says it is transitory.

Fri, 04/08/2011 - 09:49 | 1149580 Jim in MN
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China weighs in on Japanese nuclear crisis

TOKYO (Reuters) – China said on Friday it was concerned at Japan pumping radioactive water into the sea from its crippled nuclear power plant, reflecting growing international unease at the month-long crisis triggered by a massive earthquake and tsunami.

China will "closely" monitor Japan's actions to regain control of the plant, the foreign ministry said, demanding Tokyo provide swift and accurate information on the crisis which began on March 11 when a magnitude 9 earthquake and tsunami struck.

The comments came as a Chinese quality watchdog said it had detected 10 cases of ships, aircraft or cargo arriving from Japan with higher than normal levels of radiation since mid-March.

Fri, 04/08/2011 - 10:51 | 1149828 Creed
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  • Japan says economy in "severe" condition (Reuters)

    this plus that America hating moron Obama dissing the Japs thru neglect & the extreme lack of concern for the Japanese in contrast to the Haiti or Indonesian emergencies


    makes me wonder if the Japs will say fuck it and sell t's to prop their econ this summer


    at this point after watching the world yawning over the Jap tsunami/EQ/meltdown I wouldn't blame them for turning inwards to help themselves

    Fri, 04/08/2011 - 14:02 | 1150671 Urban Redneck
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    Pot, meet Kettle.

    Fri, 04/08/2011 - 11:41 | 1150078 velobabe
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    yeah, what the fuck is up with uncompassionate americans for the japanese. this is just embarrassing, no coverage no simplicity. i simply do not understand this. at least last weekend sony ericsson tennis open mentioned it. guess just because sony is in japan.

    Fri, 04/08/2011 - 12:28 | 1150311 AlaricBalth
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    Avarus animus nullo satiatur lucro

    A hearty congratulations goes out to Jamie Dimon of JP Morgan for his valiant, tireless efforts during 2010 which warranted his expanded pay package. After bribing public officials, manipulating the silver market, removing hundreds of military families from their homes, charging exhorbitant fees to the unemployed and feeding at the public trough to the tune of billions of dollars, you certainly have earned such remuneration. (Sarc.)

    "After piloting the No. 2 U.S. bank through the financial crisis relatively unscathed, JPMorgan Chase & Co Chief Executive Officer Jamie Dimon is now being extremely well rewarded.

    Dimon's total compensation jumped nearly 1,500 percent to $20.8 million in 2010 from $1.3 million a year earlier, based on the U.S. Securities and Exchange Commission's compensation formula, a regulatory filing showed.

    Dimon did even better in terms of the value of money and shares actually received: his salary, bonus and stock and options from grants made largely in previous years that were actually exercised in 2010 were worth around $42 million."

    Fri, 04/08/2011 - 21:40 | 1152395 tomster0126
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    gotta love the time extensions...the breakdown is inevitable, the budget's a mess.   impeaching is the only option!


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