2,816 times over the last 6 month, commenters have come onto the site to wax philosophical about the liquidity-fueled mania in the US stock market. I’ve long contended it’s a crock, and the price action over the last two weeks … Continue reading
In keeping with the Olympic theme , Gold, Silver, and Bronze medals on who will be the first to leave the Euro ??
EUR/USD 1.2290 USD/JPY 79.00 GBP/USD 1.5680 AUD/USD 1.0495 Narrow trading ranges so far .
And the whole world will be listening . -BI Big part of his talk could be this . Since we last heard from Kocherlakota in May, we have seen a significant shift from the moderate core of the Fed with … Continue reading
After agreeing to $ 340 million settlement with N.Y. regulators.- FT
Usain Bolt refuses to race in U.K. until tax laws are changed . Not sure what our tax laws are concerning gold metals.
Just in case you missed it . Written by Robert Rubin , good account of euro debt crisis . Best line “ the cost of doing nothing is not nothing”.
Liu Yang , chairwoman of Atlantis Investment Management , says in an interview with Bloomberg Television today , that China’s economy is ‘bottoming out’. Liu has spent $400 million buying Chinese equities in the first 7 months this year. I … Continue reading