Drunken Ministers, Mini-Madoff's & Bartering Booze...
We've had Madoff, the mini-Madoff, Arthur G. Nadel of Naples,
Fla. and now the Sanford Financial Group. Makes you wonder
how many more at still out there?
ftalphaville.ft.com
And did you see the news about the tipsy Japanese Finance Minister who was forced to resign?
“I drank wine at a party on the previous day, but I didn’t
drink before the news conference,” Nakagawa told reporters.
Nakagawa later told a parliamentary panel that he had sipped
wine at a luncheon toast on the day of the news conference,
but had not consumed an entire glass. “I did not drink a glassful.”
Story:
nytimes.com
Video:
youtube.com
Seems like the world is going to hell in a hand-basket doesn't it?
So what do you do?
Buy gold and booze to barter with.
...so says Shadow Stats economist John Williams.
marketwatch.com
An interesting chart on how we the taxpayer can get the
most bang for our buck in the stimulus package.
And in case you're not up at 3 a.m., here's an interesting
set of videos featuring Alex Jones and Jerome Corsi on the
"State's Rights" movement from last evening's Coast to Coast
broadcast...
infowars.com
SOTB
PS: ABX turning red and now down, on "no news" on a day like this?
Must be pre-emptive profit taking prior to earnings on Friday.
Heads up, as others may follow.
It's a buying opp sans any major news, if gold holds these levels.
In this environment of late, you have to worry about a dilutive
finance offering, or an acquisition that would be sold into.
But lately, dilution has been a mere speed bump for companies
with strong balance sheets. |
