How good is ECB at buying Eurozone Bonds? First couple of days, they are in the money, but.....
HSBC's David Bloom: "Gold Is The Only Safe Haven Asset That Will Not Do QE, Put In Capital Controls Or Complain"Submitted by George Washington on 09/11/2011 23:25 -0500
Barbarous relic, ftw ...
Let's be clear!
We may never gain our sense of security back, but at least the world is able to move on and remain resilient in the face of terror.
"Can the flap of a butterfly's wings in Brazil set of a tornado in Texas?"--Edward Lorenz
Something is brewing on this story. I can smell it.
“Any sufficiently advanced technology is indistinguishable from magic.”
- Scientist and writer Arthur C. Clarke
Like many people I have difficulty with thinking about 9-11 because when I do it seems too fresh in my mind. And as we all know that is painful. I go back to a man whom I respect, William Edelen, a Christian minister [I am not religious], an intellectual, a thinker, and very definitely an iconoclast. He wrote the following piece right after 9-11.
Is the Market about to break down totally as Intervention and Manipulation destroy Market Mechanisms?
The uptick in credit spending is entirely attributable to subprime auto loans and government-backed student loans, both of which are a mere extension of the same Ponzi-finance scam that put the global economy into cardiac arrest.
So, in case I didn't make myself clear, I guess I'm kind of bearish. DOH!!
Next week should prove critical for both the DOE and Argonaut. This story stinks to high heaven.
What do people think of 9/11 and the war on terror?