Monthly Archives: February 2011

US warships box in Iranian flotilla – Debka

Seems like all hell is breaking lose in the Middle East.  Debka is reporting, …Iranian warships found themselves cheek to jowl with a major concentration of America naval might piling up in the Red Sea and Suez and were not … Continue reading

Posted in Commodities, Crude Oil, Geopolitical | Tagged , , , | Leave a comment

Quote of the Day

Any people anywhere, being inclined and having the power, have the right to rise up, and shake off the existing government, and form a new one that suits them better. This is a most valuable – a most sacred right … Continue reading

Posted in Egypt, Geopolitical, Quote of the Day | Tagged | 1 Comment

History Shows Why Prognosticators Should Be Discounted

(click here if chart is not observable) 1927-1933 Chart of Pompous Prognosticators 1.  “We will not have any more crashes in our time.” – John Maynard Keynes in 1927 2.  “I cannot help but raise a dissenting voice to statements … Continue reading

Posted in Charts, Economics, General Interest, Policy, Politics | Tagged , , | 2 Comments

Week in Review

As we suspected, emerging equities bounced nicely last week with Brazil and Hong Kong leading the major indices, both up over 3 percent.   Developed equity markets continued to move higher with France now up close to 10 percent for the … Continue reading

Posted in Apple, Bonds, Charts, Crude Oil, Currency, Equities, Week in Review | Tagged , , , , , , | 3 Comments

Soros: Regime Change in Iran, Bond Crisis is U.S.

Fareed Zakaria discusses current events with George Soros on today’s GPS.   Click here for the entire interview.   It’s well worth your time. Money Quotes: Comparison 1989 fall of the Berlin Wall and Middle East Uprisings SOROS: It is very similar. … Continue reading

Posted in Fiscal Policy, Geopolitical, Sovereign Debt, Sovereign Risk, Uncategorized, Whales | Tagged , , , | Leave a comment

The Weekend Read: Greece Comes to Wisconsin

The television screen showed angry shouting demonstrators filling the streets of the city. At first I thought I was looking at Athens, Paris or Madrid, where angry civil workers fill the streets when their socialist governments suggest the retirement age … Continue reading

Posted in The Weekend Read | Tagged , , | 3 Comments

Gold Ready to Make New Highs

Gold is acting as if it is ready to make its next move taking out the triple top and beyond.   After spending 28 days below its 50-day moving average the gold ETF (GLD) has recaptured it and is generating … Continue reading

Posted in Uncategorized | 6 Comments

“Better Than Rubin” – 12 Things You Don’t Know About Tim Geithner

Noam Scheiber’s piece in The New Republic, The Escape Artist: How Timothy Geithner survived, is a good read and very informative.  If you have a few minutes have a look.   Here are 12 points we found interesting about our … Continue reading

Posted in Economics, Policy, Politics | Tagged , | Leave a comment

Weber’s Exit Highlights Merkel’s Euro Problem – Der Spiegel

A must read from Der Spiegel of the inside account of Axel Weber’s resignation. Bundesbank head Axel Weber’s resignation has made one thing clear: The debate about the future of the euro has become intense — and bitter. Indeed, Chancellor … Continue reading

Posted in Black Swan Watch, Currency, Euro, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments

Chart of the Day: Gerontocracy

(click here if chart is not observable)

Posted in Chart of the Day, Egypt, Geopolitical, Politics | Tagged , , | 4 Comments