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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 27/07/10

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Tue, 07/27/2010 - 06:26 | 489850 Paper CRUSHer
Paper CRUSHer's picture

Tyler,need to post this.

A new article sheds further light upon the Gold Basis phenomenon orginally conceived a few years ago by our good compadre Monetary Scientist "Uncle" Fekete.The backwardation anomaly that occured in late 2008 was a heated topic on ft-alphaville and silveraxis who both were covering this in-depth.

I recall various interesting discussions/debates were taking place at that time.

http://fofoa.blogspot.com/2010/07/red-alert-gold-backwardation.html

In addition,the recent decision by LBMA to withhold bullion bank trading data from public access just shows that the SHTF bigtime.

 

Tue, 07/27/2010 - 07:09 | 489861 Paper CRUSHer
Paper CRUSHer's picture

Here's some rather entertaining news:

Rock band Kings Of Leon have been forced to end the concert early after pigeons defecated on them from the rafters of a US venue.

By the way they only managed three songs.

http://www.bbc.co.uk/news/entertainment-arts-10758730

"Pigeon drops keep falling on my head...la.la.lalalala......"

Tue, 07/27/2010 - 08:31 | 489953 Careless Whisper
Careless Whisper's picture

consumer confidence "expecting a slight easing today" hehe, oh yeah

Tue, 07/27/2010 - 09:26 | 490017 Grand Supercycle
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EURO buying support mentioned since June continues and further upside is expected.

http://stockmarket618.wordpress.com

Do NOT follow this link or you will be banned from the site!