Daily Archives: 06/01/2012

1/6 V of Galt: LIVE for not 1, not 2, but 3 HOURS!

MINIGUN_GOLF_CART

By John Galt January 6, 2012 16:30 ET Here we go…………… That’s right ladies and gents, I owe my old pal Natty a respite after last night and by golly I owe my audience more blather than anyone can deal with. Hour 1:  The news, all the news, and even more financial news. Hour 2: THE SURVIVAL HOUR  - COMBAT SHOPPING – Arm your golf cart, shopping cart, or your stupid hybrid, it’s time to learn how to save money, shop like a warrior, coupon,…

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German 1 year Yields go NEGATIVE again as Euro Prepares to Crumble

EUROFIRE

by John Galt January 6, 2012 05:30 ET Despite the popular belief that the Euro will survive there is ample evidence that the ultra-wealthy and many banks believe otherwise. The examples below are just of the German 1 year yield and the Euroswiss 3 month which both have displayed negative yields at various points in their recent trading history but more so recently as all faith in the ECB has evaporated. Bankers and wealthy investors do not pay central banks to hold their cash unless…

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