A Fistful of Dollars

"Gold is money and nothing else."- JP Morgan, 1913.

Thursday, November 5, 2009

Mid Week News 4 Oct

FOMC Statement (Zero Hedge)
Junk Default Rate Highest since Great Depression (Bloomberg)
Public Anger points to Goldman (Bloomberg)

at 7:16 AM

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Vampyrotheuthis Infernalis

Break their Algorithm....

Real Money

The Federal Reserve

"Recent events have proved that the paper money system may be used as an engine to undermine your free institutions... those who desire to govern by corruption or force are aware of its power and prepared to employ it."-
President Andrew Jackson on the Federal Reserve of his era, The Second Bank of the United States

Lent, Spent, and Print

Best Current Guesstimate including implied guarantees (as of July 2009):
$26.1 Trillion

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