Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Posts Tagged ‘ Us Taxpayer ’
Employment Numbers Not Good News For Housing
Listing prices posted a second month of gains in April. This appears to be seasonal. Housing demand correlates directly with employment and the economy gained jobs in April. The gains appear to be slowing however, and that’s bad news for the future trend. When all the stimulus and Fed pumping ends, it looks like...
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Allstate suit details, in black & white, how Countrywide routinely lied in making MBOs
ZeroHedge link
Notes: 1) The US taxpayer is on the hook for any of these that are bad (right? I can't keep straight which of these deals we're acting as backup for).
2) Countrywide = Mozillo = the guy who just happened to stroll into the room when t...
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It’s Just Too Gross
by LimeJuice2 I have a hard time reading Bill Gross anymore, or anyone talking about the US financial system/economy as if it’s a one country closed system rather than a global one. The US economy is moribund because there is no job creation. In fact, using taxpayer dollars to foment, and now trying to...
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Obie Drinks the Kool Aid, What Would Shakespeare Say?
I like Obie, but he has drunk the Kool Aid. We are doomed. He’s listening to the advice of those very same world renowned egonomists who never saw the current mess coming. How could those who never saw it coming in the first place, and didn’t recognize it after it had already begun have...
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