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These consumer credit gains are not good news. This is people now paying for weekly groceries on the credit cards because they don't have enough money in the bank account.
Bernank is prepping for his speech by running to Walgreens and grabbing an industrial tube of "K-Y Jelly for Middle Class applications". Wait...scratch that, he's going dry with a glue and glass shards application.
Gold/silver off to the races again - $1,856/oz and $42.45/oz - and with gold having no overhead resistance until $1,920/oz, WATCH OUT.
He should try Gorilla glue, has a nice foamy action to fill your hole.
dow dives today...eerie calm out there -- go look at futures.
The pickup in growth—if sustained—could be evidence that easier lending standards for consumers are starting to have an effect.
Another interpretation -- people are having to resort to credit ... again
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