By John Galt December 2, 2011 – 05:30 ET Ambrose Evans-Pritchard’s latest from this morning’s U.K. Telegraph: You are all wrong, printing money can halt Europe’s crisis Of course we’re wrong Ambrose. Because it worked oh so well for Europe after in the Weimar Republic of Germany engaged in the same practice you propose.
By John Galt December 2, 2011 – 05:30 ET I’ll keep this one brief with some numbers: Gold should head north of $1780 today, fail and pull back at the close. The BLS NFP dart board prediction from myself: +163 K U-6 Remains above 15.2% S&P 500 approaches 1265-1266 on light volume and starts to fail before the close. The main thing is to watch the 3 month US Treasury and the reaction of the financials to the drip, drip, drip of news out of…
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