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Odds 'n Sods:
Matt in Texas suggested this piece: Kobyashi
Maru. Matt's comment: "This should
help make it clear that the Federal Reserve is between a rock and a hard place.
No matter what decision is made on the discount rate...we are toast."
o o o
Thanks to David F for sending this: Two
dead in Europe fuel protests. David
notes: "For those who think food riots and fuel shortages are limited to the
Third
World, I think this article might bring things home a bit. This is hoarding,
boycotts, people dying, [all] because of oil. Could the US be next?"
o o o
Flood news from the Midwest: Downtown
flooding 'devastating and unbelievable' say onlookers. And meanwhile
we read: Corn hits record, soy rallies as floods expand
o o o
I just noticed that following news of some short term "strength" in the
US Dollar, the
spot price of silver has been pushed down below $16.40 per ounce.
Dips like
these
are a
great buying opportunity!
