Friday, September 25, 2009

Business as usual

International Monetary Fund to sell over 403 tons of gold - It will be interesting to see who the buyers are. China has already admitted that they have to buy gold "quietly" since their purchases drive up the price. Also, this quantity will certainly cause a fluctuation in the price simply because there is more gold on the market. At one point this year, American Gold Eagles were very difficult to find.

America armed, but guns not necessarily loaded -- Ammo is hard to find. If that worries politicians, then it's a good thing.

Oil Prices Dip Below $69, Supplies Jump -- Watching oil this close is pointless unless you're a day trader. Once the world unhinges from the US dollar as the reserve currency, the price of oil will rise. The key is to make your investments outside of the US dollar in foreign markets.

IMF: No Full Recovery Until 2015 -- "But....but...........Bernanke said it was over.....", said the disillusioned American.

UK: Jobless Claims Show Demise of Slump May Be Exaggerated -- They deceive us for our own good!

Treasuries Fall After 5-Year-Notes Auction -- Our buyers have apparently gotten a peek behind the curtain.

UK: HSBC Staff Carrying Personal Alarms in Case of Customer Rage -- They know it's coming.

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