Since this is now an article, I should flesh-out more of the thinking behind my original comment.  

If you look back over the year, we’ve gone through a “jawboning” cycle regarding QE/Tapering.   Generally […]

@Bay of Pigs and @Canadian Dirtlump — actually, guys, you’re comments underscore something that is both funny and sad at the same time.  Technically, propaganda usually contains mostly truth, with a small desired […]

The indicator isn’t quite the same this time around because overall stock market participation by the general public is at a much lower level than previous margin/GDP spikes.  This might make the period of excess […]

@zman:  Sinclair isn’t bearish on gold and that article doesn’t make that case about Sinclair.  Not sure how you come to that conclusion.  Maybe the “v bottom” issue?  Just because we don’t have a V shapped bottom […]

I believe that Microsoft was allowed to stay whole and not whacked by anti-trust only because a backroom deal was made between Gates and the government.  Gates wasn’t always a Monsanto-loving, corrupt eugenics […]

One of the problems with American society is that the general public has a “historical memory” of about two seconds.  There are many causes for this and it’s not fair to place all the blame on the people.  But […]

I think there’s a reasonable chance they will do one cut of about $10 billion off MBS purchases strickly for public relations and in order to instill the false idea (so-called preserving credibility) that the Fed […]

@BullRun:  That headline needs to be edited.  It’s not that JPM has likely covered, it’s that they have likely attained a net neutral position.  JPM still has short positions. 

I forgot to also mention that since the mining shares didn’t move much this morning and were mostly falling yesterday, that further supports the paper bullion short covering thesis.

This looks like a short covering pop and, along with oil’s move and a slight upward bias to the dollar on flight to “safety” trade, is representative of hot money traders not wanting to have as much short side […]

Don’t forget, the “small scale use” of chem weapons “against his own people” claim is exactly one of the same claims used to season public opinion about “so dam insane” of Iraq.  Sometimes, phrases and […]

Low count indeed.  It’s probably double and it will keep growing given DU.  One of the tricks the US has been doing is to fly mortally wounded soldiers into med bases in places like Germany and if the soldier dies […]

If nothing comes of the latest example of Glen Beck grandstanding, it’s not only going to be fair to say he’s “controlled opposition,” but perhaps an outright disinfo plant as well.  I rule out arrogance and […]

I’ve used Everbank from time to time.  They have one of the most unusual mix of CD-like products you can have denominated in a wide variety of currencies.  They have Chinese Yuan based products.  But keep in mind […]

No crash attempt yet.  That’s a refreshing change.  Conditions were set-up for it and so far, we’re actually up.  Amazing.  Maybe, just maybe, they’re done for a few days.  Time will tell.
 

Not only does that image impart that both political parties are part of the same beast, but it also explains why the beast is full of dung.  Of course, in real life, each party has plenty of arse orifices. 
 

There’s an important fact about India that wasn’t in the audio nor write-up and it needs to be underscored.  When it comes to market manipulation in India in the form of gold import quotas, taxes and whatever else […]

The trouble with the purchase power parity principle to foodstuffs is that almost all nations distort agricultural prices, and the specific foods in question differ for each country.   For example, subsidies given […]