JP Morgan Chase (JPM) CEO Jamie Dimon this afternoon told investors at the company’s annual meeting that he’s more worried about California fiscal solvency than about Greece.
Filed under Uncategorized by on Mar 30th, 2010. Comment. 
I am happy to report that after the overwhelming support of the MSN community and what must have been substantial effort on behalf of MSN staff that the Permanent Ban on Duffminster has been lifted and that despite earlier claims by MSN moderators that there was no way to restore the nearly 7000 posts that were deleted from the MSN boards that I had posted, all of my posts appear to have been restored.
Filed under Uncategorized by on Mar 23rd, 2010. 4 Comments.
The Federal Reserve believes it is possible that, ultimately, its operating framework will allow the elimination of minimum reserve requirements, which impose costs and distortions on the banking system. Has he lost his mind?
Filed under Uncategorized by on Mar 23rd, 2010. Comment.
Duffminster Banned from MSN Message Board, Market Talk with Jim Jubak and over two years of messages deleted. Censorship has reached new levels. Duffminster speculates it was over a Brooksley Born PBS Frontline Video which showed that many of the current top economic policy makers were the same people or proteges of those who caused the financial melt down by keeping OTC derivatives completely unregulated and stopping Brooksley Born from doing her job. Was it a call from Larry Summers?
Filed under Uncategorized by on Mar 19th, 2010. 31 Comments.
Gold has proved to be the best value investment over the last 10 years, new research has disclosed.
Filed under Uncategorized by on Mar 6th, 2010. Comment.
German ProSieben TV Channel Finds 500 Gram Tungsten Bar At W.C.Heraeus Gold Foundry With Bank Origin
Fake Tungsten Gold Found. What appears to be the first documentation of counterfeit gold bars made of plated tungsten was noted today by Zero Hedge as having been reported by a German television station. The counterfeit bar reportedly is in the possession of the W.C. Heraeus gold foundry in Hanau, Germany, said to be the world's largest.
This sort of thing might shake the gold market even more than, say, the International Monetary Fund's confession that it really doesn't have any gold and that it has been selling only bookkeeping entries all this time.
Filed under Gold Price Supression, Uncategorized by on Mar 1st, 2010. 1 Comment.
"But what is more important is that the data reveals a very shocking trend. That is that the registered (dealer) inventory is being drawn down at a phenomenal rate. In silver the inventory has dropped by 24% in 6 months while in gold it has dropped an eye-popping 41% in 6 months! The withdrawal to deposit ratio for registered silver is 14:1 and in gold it is 5:1. If this rate of drawdown continues the registered inventory of silver will be exhausted in 18.8 months and in just 8.5 months for gold!"
Filed under Uncategorized by on Feb 26th, 2010. Comment.
China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction, Finmarket news agency said.
Filed under Uncategorized by on Feb 26th, 2010. Comment.
How many times has the Cartel robbed investors with this same news of selling IMF gold that most likely never existed except as a ledger entry in the first place? S elling of official sector gold whether real or imaginary has always corresponded with market bottoms not market tops. Its all MOPE and propoganda to prop up the dying debt burdened paper fictions of money called currencies.
Filed under Uncategorized by on Feb 18th, 2010. Comment.
US Long Term Debt hits a critical inflection point. The dollar problem is now comming back home.
Filed under Uncategorized by on Feb 9th, 2010. Comment.
