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Jimi

Did Lions Eat Him?

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Well, I take the view that anybody who can predict the market would be one of the world's richest men in a few years.

 

Not if he took periodic multi-month-long trips to Africa.

 

:lol: :lol: :lol:

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i think short side is the right side for a little while...mine are still kinda safe but do have some greenish shoot things coming out my ears and another nameless orifice...

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Shorty will love this. B)

 

AOLWoman Finds Stolen Items at Neighbor's Yard Sale

A woman whose home was broken in to last week got a surprise when she found her stolen things at her neighbor's yard sale, WBAL.com reports.

 

The woman, who lives in Anne Arundel County, Md., called police who discovered $25k worth of stolen items at the neighbor's house, the story said. The neighbor, David Perticone, said he bought the items off the back of a pickup truck.

 

Police didn't believe his story and arrested Perticone, 46, charging him with burglary and theft, according to WBAL.com. He is out on a $80k bond.

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No shortage of investor demand for silver.

Meant to say that I appreciated your "fundametnal" post of the S&P yesterday, Scully.

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I read a commentator who claimed a pullback in gold investor demand due to declines in the holdings of GLD, but in the context of the massive increase earlier this year, it still hasn't even come close to returning to its previous uptrend. In my view, the chart below is pretty bullish.

 

The inflation/deflation argument doesn't matter, if enough investors believe in an inflationary outcome and continue to put buying pressure on GLD which causes the holdings to continue to increase.

post-647-1250110992_thumb.png

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Meant to say that I appreciated your "fundametnal" post of the S&P yesterday, Scully.

 

Thanks! Not many funnymental investors hang out here...

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It's All Good!

 

Feel like you’re working a lot harder these days, putting in longer hours for the same pay — or even less? The latest round of government data on worker productivity indicates that you probably are.

 

The Labor Department said Tuesday that the American work force produced, at an annual rate, 6.4 percent more of the goods they made and services they provided in the second quarter of this year compared to a year ago. At the same time, “unit labor costs” — the amount employers paid for all that extra work — fell by 5.8 percent. The jump in productivity was higher than expected; the cut in labor costs more than double expectations.

 

That is, despite the deep job cuts of the past year, workers who remain on the payroll are filling in and making up the work that had been done by their departed colleagues. In some cases, that extra work came with a smaller paycheck.

 

The shape of things to come. Where is the limit to unemployment-productivity-consumption?

I guess as the dullah gets cheapa, exports increase, etc. Ass uming the rest of the world reciprocates in kind...

 

But then what?

This can't go on.

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Adjusting the Morphine Drip – Professional Edition Fed Report

 

 

by Lee Adler, Wednesday, August 12, 2009, in Money and The Fed, Professional Edition |

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|Comments (0) Edit

The

Fed’s Treasury buying campaign is getting some tweaking. The Fed

announced today that it will reduce the morphine drip to the Treasury

market, saving the remaining $70 billion in promised purchases to be

spread out over 11 weeks rather than just 4 as originally intended.

They’re probably worried that if they make the market go cold turkey it

could go into cardiac arrest with no chance for resuscitation. This way

they can reduce the drip and when the patient starts to convulse and

turn blue, they can boost it back up again and extend the treatment

before the system drops dead. Click here to download complete report in pdf format (Professional Edition Subscribers). Try

the Professional Edition risk free for thirty days. If, within that

time, you don’t find the information useful, I will give you a full

refund. It’s that simple. Click here for more information.

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