Sol Sanders | Follow the money No. 101 | I’ll see you -- and raise?
Latest from Uncle Sol. A version of this column is scheduled for publication, Monday, Jan. 16, 2012, in The Washington Times. -- Chris Follow the money No. 101 | I’ll see you -- and raise? By Sol...
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BoomBustBlog Research Evident In Today's News...
Here's a spattering of news that was obvious two years ago, yet released today... Stocks Fall Amid Europe Downgrade Concern, JPMorgan -Yes, several European countries will be downgraded again - the...
View ArticleJamie Dimon Says JPM Could Lose Up To $5 Billion From PIIGS Exposure
In an interview with Italian newspaper Milan Finanza on Saturday, JP Morgan CEO Jamie Dimon said that he could lose up to $5 billion from the firm's exposure to the PIIGS countries. As Reuters reports,...
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Q4 Spanish Unemployment Soars By Most Since Lehman, Hits "Astronomical" 23.3%
For anyone convinced that yesterday's S&P two notch downgrade of Spain to A is the last one for a while, we have some bad news: in Q4 Spanish unemployment soared by the most since the Lehman...
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Tyler Durden and Paul Krugman agree! – The EU is toast!
A rare occurrence in journalism happened today. Tyler Durden of Zero Hedge is in agreement with – hold on – Paul Krugman of the NY Times. Both writers point readers to the FAQ from S&P on the...
View ArticleDer Verkauf Ist Verboten - Germany Considers Ban On Sovereign Bond Sales
When back in August, Europe declared a short selling ban of any financials (here we are willing to channel Romney, and make a $10,000 bet with anyone that said ban will never be lifted), and which as...
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Presenting Mitt Romney's Top Campaign Contributors
Periodically refreshed without commentary. Source: OpenSecrets
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Iran Foreign Ministry Claims Nuclear Scientist Was Executed By CIA, As...
While on one hand we get news from Nigeria that the government and the labor unions have failed to end a labor strike, raising the prospect of a halt of all production in the country which produces 2.4...
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New CBO report – Lower (not increase) the early retirement age!
At one point or another, all the big name politicians have indicated they would support changing the minimum Early Eligibility Age (EEA) rules for Social Security. Obama has said it, so has Boehner....
View ArticleAppeasement Arrives: Joint US-Israel Exercise Postponed For "Budget Reasons",...
First we had news that out of the blue, the Western embargo against Iranian oil exports would be delayed by 6 months, and now, in the aftermath of last night's developments out of Iran which blamed the...
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Video And Post-Mortem of Spectacular Carnival Cruise Liner Accident Off...
To those who woke up on Saturday to images of a massive cruise liner keeled over following a very peculiar Friday night accident off the coast of Italy, no, this was not a prop for the latest James...
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Overnight Long/Intraday Short Gold Fund More Than Doubles In Just Over A...
Back in August 2010, we presented an idea proposed by our friends at SK Options trading for a very simple trading strategy: being long gold in the overnight session, and shorting it during the day. At...
View ArticlePreliminary Thoughts On The European Downgrade From Goldman And Morgan Stanley
It has been a busy weekend for Wall Street, which has been doing all it can to spin the S&P downgrade in the best favorable light, although judging by the initial EURUSD and EURJPY reaction, so far...
View ArticleIs German Anger Finally Coming To A Boil? Even Local CEOs Say Time To Exit...
It would appear that the German public (and political class to some extent) are beginning to see the European project in the same manner as we described back in July. As the increasing burden of saving...
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The U.S. Government Funded the Iranian Terrorist Group Which “Found” The...
The people pushing for war against Iran are the same neocons who pushed for war against Iraq. See this and this. (They planned both wars at least 20 years ago.) The IAEA report being trumpted as a...
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Gold Nears €1,300/oz - Euro Lower After EU Downgrades and Greece Jitters
From GoldCore Gold Nears €1,300/oz - Euro Lower After EU Downgrades and Greece Jitters Gold’s London AM fix this morning was USD 1,643.50, GBP 1,074.60, and EUR 1,298.90 per ounce. Friday's AM fix was...
View ArticleNigerian Countrywide Strike Suspended
Just out from Reuters: NIGERIA'S LABOUR UNION LEADERS SAY STRIKE SUSPENDED - RTRS Minor down tick in crude on the news, maybe because everyone is still sleeping. So, does this mean that the Iran...
View ArticleFrontrunning: January 16
Jon Huntsman Will Leave Republican Presidential Race, Endorse Mitt Romney, Officials Say (WaPo) Dont laugh - Plosser: Fed Tightening Possible Before Mid-2013 (WSJ) Greece’s Creditors Seek End To...
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European Banks Deposit Entire LTRO, And Then Some, With ECB As Deposits...
Back on December 21, the day when the deus ex 3 year LTRO was completed and €489 billion in gross capital was provided to banks at a 1.00% cost, of which €210 billion was net new incremental capital...
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