Saturday, September 24, 2011

Falling Knives and Blood everywhere

Dow Jones Industrial Average

DJIA Chart from CNN Money

Gold and Silver charts from

"Buy when there's blood in the streets, even if the blood is your own."
Baron Rothchild

For those brave souls willing to wade thru the blood and offal at the bottom of the market today, I wish you luck. Personally it was heartening for me to see silver finally hit a support at around the $30 level, and Gold at about $1630. 

Weekend Chillout

What with walkouts in the UN by nations not accepting the Truth and investors heading for the exits in equity and commodities markets after finally accepting the Truth a song on walking away seemed appropriate for this weekend.

Ace of Base ~ Don't Turn Around

No Leadership in Europe

Global stock markets tumble

By on Sep 23, 2011

Fears have increased over a second wave of worldwide economic recession, as Asian markets opened with a slump, after an arduous session on Wall Street. It's the second straight day of bad trading, after Thursday's global markets had their worst drop for a month. Max Kaiser, host of 'The Keiser Report', says banks are to blame.