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The Insane Quotient Returns


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A while back I dd a post called the Insane Quotient about Ron Insane or Insana and his gig on Crapvision and new radio show. Ron left CNBS to write a lot of books about the market and its messages then started his own hedge fund and it blew up real fast. He knows a lot of stuff and makes money for acting smarmy. Now he is an expert handicapper on CNBS and one of the other five or ten Green Sheet horse pickers telling us what will happen when the markets will eventually do the opposite. Then they write books about it and make lots of money. Click on the link to get some background to the new show or this post will make absolutely no sense. The show is nationally syndicated on this thing. This past Monday Insane was on after the close and basically puffed out his chest and said interest rates are going stay low and Treasuries will be very safe because the Fed is going to buy $900 billion worth of their own crap thus creating a shortage. In turn this will create demand in one of the biggest scams in the history of the [...]

 

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