Derivatives warning from Bill Fleckenstein: Markets Could Be On The Verge Of A ‘Blowup’ Thanks To Japan. (Thanks to B.R.G. for the link.)
Andrew in England forwarded a link to some more claptrap from the Wall Street cheering section: Why Doomsters Who Predict The Collapse Of Money Are Wrong. These pundidiots see nothing wrong with tripling the money supply in less than three years. Someday they will wish they learned how to sprout beans.
And here is an opposing view: Author Dmitry Orlov on why he believes the U.S. is on the brink of collapse…and how to survive it. (SurvivalBlog’s G.G. sent the link.)
The Horrible “Mileage Tax GPS Tracking Device” argument surfaces in Florida. (Thanks to F.G. for the link.)
Items from The Economatrix:
JPM Eligible Vault Gold Drops To Fresh Record Low. [JWR’s Comment: Any futures contract buyers who believe that they will reliably be able to demand delivery in physical gold or silver are fools. Nothing trumps holding precious metals in your personal possession.]