Readings and news

$100 bounce of gold price.

Financial stocks smashed. Were is PPT when we need them? :o)

Wachovia considering merger with Morgan Stanley.

My Bad -- It's $900 Billion We're On the Hook For
from The Bonddad Blog by bonddad
http://bonddad.blogspot.com/2008/09/my-bad-its-900-billion-were-on-hook-for.html

And Yet More Shit Hits the Fan
from The Bonddad Blog by bonddad
http://bonddad.blogspot.com/2008/09/and-yet-more-shit-hits-fan.html
WaMu and Wachovia

FDIC Assurance Insurance, a Failure
from The Great Depression of 2006 by Jim in San Marcos
http://greatdepression2006.blogspot.com/2008/09/fdic-assurance-insurance-failure.html
Stockexchange shutdown explained.
My oppinion is that stockexchange shutdown is a good thing. Today lot of trades are made from computers. Lot of traders are made from Cramericans, who are even dumber than computers.
The events from 1987 are computer made. If there were no computers trading then, the exchange could not fall that much.

Gold ETF inventory increases by 37 tonnes
from The Mess That Greenspan Made by noreply@blogger.com (Tim)
http://themessthatgreenspanmade.blogspot.com/2008/09/gold-etf-inventory-increases-by-37.html
nice chart

Deja vu? LET'S HOPE NOT!
BY CHRIS PUPLAVA
http://www.financialsense.com/Market/cpuplava/2008/0917.html

The Death of Paper Money
by Douglas V. Gnazzo, Honey Money Report
http://www.financialsense.com/fsu/editorials/gnazzo/2008/0917.html
Nice little article from Doug

The End of Central Banks (Gold) Selling.
http://www.24hgold.com/viewarticle.aspx?langue=en&articleid=317991_The+End+of+Central+Bank+Selling%3F

Dumbest Merger Proposal In History: Wachovia + Morgan Stanley
http://globaleconomicanalysis.blogspot.com/2008/09/dumbest-merger-proposal-in-history.html
dont understand the article ;)

Charts In the Babson Style At Midweek 17 September 2008
http://jessescrossroadscafe.blogspot.com/2008/09/charts-in-babson-style-at-midweek-17.html

The Last Bubble in this Credit Cycle is ... the USD
http://jessescrossroadscafe.blogspot.com/2008/09/last-bubble-in-this-credit-cycle.html