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They can’t blame Dan Quayle on this one: there is a glaring typo on the cover of the latest Senate education and training guide. “Senate Office of Education and Traiing,” reads the title on the cover of the guide, a catalog of continuing education courses that is offered to all staff and senators. Spelling and proofreading might not be high on the list of courses favored by Cam Stickley, the director of [...] traderdannorcini.blogspot.ca Interesting recommendation by Goldman and even more interesting to see the market reaction in gold today. Can you say that someone is particularly overjoyed by the opportunity to take that recommendation? By the way, Goldman is echoing the remarks from Chairman Bernanke the other day and repeating what my interpretation of those remarks were in this week’s comments entitled, “Pass the Juice Please”. Goldman’s views in summary can be translated as follows: [...] Now that the Europeans have found fiscal religion, the Dollar is collapsing again! Food commodities are skyrocketing in recent weeks. Just look at a chart for any of the grains — corn, soybeans, wheat, oats! If Cap and Trade passes, food prices will “necessarily skyrocket” (to use an Obama phrase) because of reduced land use, higher energy costs, and very costly fertilizer. If these fuels and fertilizer are reduced, we will [...] |
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