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Monthly Archives: May 2011
The Bill for Club Med comes due (the concept of Central Bankruptcy eloquently explained), a Parable
5/31/2011 Portland, Oregon – Pop in your mints… Today the focus of the financial world is on events around the Mediterranean where the Greek and increasingly the Spanish people again find themselves at odds with their respective governments and their … Continue reading
72 Hour Call for May 31, 2011
Today’s Call: GSG Commodity Index to rise. Currently $36.38. Rationale – Renewed flight to out of financial assets to acquire tangible goods due to continued uncertainty. Result of Call for May 25, 2011: Euro to fall vs. USD. Was $1.4076:1€, … Continue reading
72 Hour Call for May 27, 2011
Today’s Call: US 10yr Bond Yield to fall (price to rise). Currently 3.064%. Rationale: Contagion in Sovereign debt markets to initially benefit US Bonds as safe harbor. Result of Call for May 24, 2011: Copper price to Fall. Was $4.00 … Continue reading
Oprah Shares Invaluable Wisdom in Show Finale
Oprah Winfrey’s final show aired yesterday and the featured guest was Oprah herself. For 25 years, Oprah has captivated audiences a delved into life in ways that few thought possible and even fewer thought advisable. In Oprah’s words, she “uncovered … Continue reading
72 Hour Call for May 26, 2011
Today’s Call: Dow Jones Industrial Average to fall. Currently 12,402. Rationale: Dow rose today on mostly bearish news. Ripe for a selloff. Key Dow financials components are being seen as weak. Combination of selling and stronger dollar to lower Dow. … Continue reading
Posted in 72 Hour Call
Tagged Dow Jones Industrial Average, Economic Slowdown, US Dollar Index
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Greece to exit Euro and Palestine to take Center Stage
5/25/2011 Portland, Oregon – Pop in your mints… If the events of the past week have not convinced you that there has been a permanent, fundamental change in the financial markets, perhaps nothing will. As much as the numbers seem … Continue reading
Posted in Economics
Tagged Central Banks, Euro, Financial Crisis, Greece, Israel, Palestine, Spain, The Mint
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