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Markets

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The Bigger They Are

May 11, 2010 at 08:43

Once again the leaders of the western world have engineered a bailout Who pays for it? We hicks and dupes and taxpayers. Once again the politicians, central bankers, and IMFers…

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As I Warned Yesterday, It Appears the Market Is Calling the European's Bluff

May 11, 2010 at 07:28

Yesterday I commented on the folly of promising big money to throw at a myriad variety of highly indebted nation without a central authority to enforce the structural change needed…

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Ron Paul Says It's NOT Too Late To Call Your Senator

May 11, 2010 at 07:05

While some are celebrating the Sanders' Audit the Fed compromise as a victory, Ron Paul isn't one of them. And according to the Matt Hawes of the Campaign for Liberty,…

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Brother Can You Spare a Trillion?

May 11, 2010 at 06:50

It is becoming more and more undeniable that the system of things and the mass underpinnings of debt have reached a point where there are structural cracks in the dam.…

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A Brief Note on China

May 10, 2010 at 18:22

Considering that the Shanghai Composite Index has fallen a little over 12% percent in 2010, making it the fifth worst performer this year among 92 indexes tracked by Bloomberg, it…

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Rattlesnakes At The O.K. Corral

May 10, 2010 at 16:57

The weekend finally produced something of substance, although how much substance is clearly still open to question. It has been called an "all-in" bet by the EU, a metaphor meant…

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Topping Patterns in Global Charts

May 10, 2010 at 13:11

If China is supposed to represent global demand for industrial goods and the procurement of natural resources for the great China build-out, then this massive top is telling me that…

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Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters

May 10, 2010 at 12:54

While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in…

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Europe's Bazooka

May 10, 2010 at 12:18

French President Sarkozy wasn't kidding when he promised to shock the markets with a series of measures aimed at containing the sovereign debt crisis. Europe got the bazooka former U.S.…

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Keep Calm And Carry On

May 10, 2010 at 11:48

Too many desks with the same trading programs exaggerated a natural decline into a computer-driven rout that compares to the "Portfolio Insurance" crash of 1987. The difference is that that…