Is it becoming clear yet to all of you?
Are we willing to let France, Germany, China, or Russia have supervision over our financial institutions, telling us what we can & can’t do with our own currency, tax law, tariffs, and money markets?
We know what it means, too bad, the situation is unavoidable. we [...]
NEW YORK (MarketWatch) — Gold futures rose to above $900 an ounce Monday, as
bank woes across the Atlantic Ocean triggered safe-haven buying while the $700
billion plan to rescue the ailing U.S. financial sector was awaiting a vote in
Congress.
Meanwhile the U.S. dollar rose sharply against its major rivals, limiting gains
in dollar-denominated gold prices.
Gold for December delivery [...]
Here we go again. I’m waiting in anticipation (NOT!) for the usual suspects to appear in front of the media microphones. Namely, Financial Gangster #1 Henry Paulson. Next on the list, Bernanke. Actually, I have some sympathy for Bernanke. He got stuck with the biggest Fed Chairman loser of all time, Mr. Magoo Greenspan. Finally, [...]
Stumble It!