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banks stocks green..new rumor?
Probably the PPT team to the rescue. So far futures are shrugging off horrible news. I'm sure they will gun the market at open, trying to get the coke heads to follow suit. It will probably work.
PPI at 0.8% from 0% last month.
HOLY S**T !! That's 9.6% annual if this increase holds for the following 11 months.
Both To Largely Ignored In Headline Avalanche
Actually it is over 10% when you do the compounding. But there is NO inflation. That stament is a fiat from Ben Bernanke. These are not the inflation numbers you are looking for. (Thanks, Ben Kanobi, er Bernanke.)
Move along... Move along...
Just another day in the nieghborhood.
PPI .8% and Gold and silver down?? Amazing!
Gonna be hard to make the case for QE3 when there's inflation in the system. Must. Stomp. Inflation. For. Banks.
A couple more items to be ignored:
High radioactivity measured at Tokyo school
A radioactivity level higher than that of areas near the crippled Fukushima nuclear power plant has been detected at a Tokyo elementary school.
A level of 3-point-99 microsieverts per hour was observed 5 centimeters above ground just beneath a rainwater pipe on Monday at the school in Tokyo's Adachi Ward. Radiation levels in Fukushima City about 60 kilometers from the plant were around 1 microsievert per hour on Monday. The ward is about 210 kilometers from the plant.
Ward authorities plan to remove soil and trees from the school area and measure radiation in ditches at about 800 locations including schools, parks and other public facilities.
The school's principal says he was stunned to hear about the radiation and cancelled physical education classes and other activities in the schoolyard for the day.
Tuesday, October 18, 2011 17:11 +0900 (JST)
Also, the quarter-million person Fukushima City has begun a massive 110,000 home decontamination project after 'finding' evacuation-level radiation six months after the disaster. But of course it's unthinkable to actually...evacuate...so they will hose everything down and call it good.
Can't have Prypiat East ghost town..........just glow in the dark babies. Dumb fucks.
anyone see this? gold now traded in yuan in hk...
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