Category Archives: Uncategorized

Monday Monetary Meltdown – Chart Art

Last Friday, Geithner’s message was “Do as I say, not as I do.” This weekend, Timmy took a big doo doo on the rest of the World as he pressed fellow Finance Ministers into (in theory)setting mechanisms to address trade balances … Continue reading

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Screwflation Nation – Ben and Tim are at it Again!

Strong dollar?  Hahahahahahahahahahahaha…. That is was the answer to a question I had this summer when I met with an unnamed Treasury official whose name might rhyme with Jimothy.  The unnamed official nearly fell off his chair laughing when I … Continue reading

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Testy Tuesday – 7.5% or Bust!

Wheee, this is fun! Will our 7.5% lines hold? As I mentioned yesterday, we expected a test of our 7.5% lines at  Dow 10,950, S&P 1,160, Nasdaq 2,400, NYSE 7,450 and Russell 690 and we remain TECHNICALLY bullish if we … Continue reading

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Which Way Wednesday – Top of the Charts Edition

Is it time to throw fundamentals out the window? As we went through the Sept 21st Fed minutes in yesterday’s Member chat we read some things that were AWFUL about the economy.  I went through my usual exercise of parsing … Continue reading

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Meaningless Monday – Rethinking That Round Earth Idea

What if the World is flat? It sure looks flat.  You have to go to space to see that it’s round, even in an airplane it looks pretty flat, doesn’t it?  Well, fiat currencies are like that too.   We … Continue reading

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Food Stamp Friday – Newt Shows America His True Colors

I try to keep politics out of the weekly posts but screw that! That disgusting, vile, son-of-a-bitch (just my opinion, we report – you decide!) Newt Gingrich is on a 12-city pre-election tourwhere he is advising Republican candidates to frame … Continue reading

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Weak Dollar Wednesday – 82 Yen to the Dollar!

That’s right kids, you now only need 82 Yen to buy a US Dollar! That’s down from 125 Yen in 2007 and down 15% since May alone.  That means that, even if your $300,000 home kept 80% of it’s value … Continue reading

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