By John Galt August 3, 2011 21:45 ET Uh,paging the BoJ and SNB: It hasn’t worked in the last decade. I’m just sayin’….. First off, gaining altitude only makes your currency a bigger target for those who are playing the opposite side of the trade. In World War II that would mean the anti-aircraft gunners got another shot at you before you became shark bait. Secondly, committing suicide in the big one, WWII, resulted in who winning once again? Yeah but we ain’t winning this…
By John Galt August 3, 2011 My apologies for a show which was much more substandard than my substandard snarky program usually is. Due to two massive power surges from the Daichi Fukushima Florida Power plant somewhere in Florida, I lost all connectivity twice during the program. I’ll do better tomorrow and beat my listeners with your inner algore, that’s a promise! Oh and I’ll make sure to add the news of the day also.
By John Galt August 3, 2011 Published right around 1:30 p.m. at this link at the Wall Street Journal and Marketwatch.com to get the desired effect. Guaranteed to get a rally going. No facts, just more Fed bull droppings. You watch, you decide: Are the American financial markets rigged or what? If you say “no” you are too stupid to be reading this blog. For what it’s worth, it didn’t work in 1931 either.
By John Galt August 3, 2011 If Satan’s Spawn continues to bounce and rally above 133.00 to 133.50 then the broader market will probably follow. So follow Beelzebub’s baby and watch the market fun: However…. If it breaks below 131, then 130, we’re going downtown and hard…..
By John Galt August 3, 2011 10:23 ET Uh-Oh….just blew through 1249, now at 1246. Is this the day of massive capitulation or? First chart is static snapshot from Bloomberg.com:
By John Galt August 3, 2011 On July 27, 2011, the Chinese government released a story via its state press agency, Xinhua, that stretched the credulity of anything anyone could ever have made up, even since the time of the old Radio Moscow World Service or Radio Tirana news broadcasts: China refitting aircraft carrier body for research, training Within the article, the following portion of the article is to assure the American people they should fear nothing from this as the Chinese military has refitted…
By John Galt August 3, 2011 I’ll let you read the insanity at the link below and decide for yourself. The statements inside the article and the headline at the top of the page on CNBC validate the cause of those who say drugs should remain illegal because there is no other explanation for nutty postulations like the one presented in this article. The author “could” be correct if the Federal Reserve declares that every molecule inside the United States is a candidate for monetization…
By John Galt August 3, 2011 On the August 2, 2011 edition of the Glenn Beck radio program, he began a postulation that World War Three would begin in Libya and the distractions created by that might be sufficient to change the balance of power in the world. The theory might sound justifiable considering the situation on the ground there but the facts do not bear out any logical reason for a major world conflict to start in that country. The conflict is basically of…
By John Galt August 2, 2011 The news is breaking all over the financial media with a plus 114,000 in private hiring which means that once again Friday’s report will be the actual key to reflect the reality of our economy. The ADP honk is on CNBC at this time claiming that “small business” is hiring now which is a joke because that is an assumption of economic growth or expansion yet the reduction of income as a result in this surge in hiring is…
Recent Comments