Readings

Is the Commodity Squeeze Over?
by Sean Brodrick 08-27-08
http://www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=2137

Latest FDIC Report Reads Like a Horror Novel
by Mike Larson 08-29-08
http://www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=2143

US Dollar Weekly Charts
by Jesse
http://jessescrossroadscafe.blogspot.com/2008/08/us-dollar-weekly-charts_29.html

Credit Cards, the Big Black Hole (Reprinted)
from The Great Depression of 2006 by Jim in San Marcos
Reprint from April 7, 2007
http://greatdepression2006.blogspot.com/2008/08/credit-cards-big-black-hole-reprinted.html

Inflation charted, exposed - it’s not your granddaddy inflation
http://yellowroad.wallstreetexaminer.com/blogs/2008/08/29/inflation-charted-exposed-its-not-your-granddaddy-inflation/

More info about Central Banks intervention on the USD
from Reality Lenses by pej
http://feeds.feedburner.com/~r/RealityLenses/~3/379812796/more-leads-to-central-banks.html

EuroZone Inflation Eases
from Mish's Global Economic Trend Analysis by Michael Shedlock
http://feeds.feedburner.com/~r/MishsGlobalEconomicTrendAnalysis/~3/378424163/eurozone-inflation-eases.html
Very nice XEU chart.

---

Gustave watch:

Gustav Intensifies to Category 4 Hurricane, May Turn More Deadly
by Jesse
http://jessescrossroadscafe.blogspot.com/2008/08/gustav-intensifies-to-category-4.html
...and...
Oil and Gustav
by CalculatedRisk
http://calculatedrisk.blogspot.com/2008/08/oil-and-gustav.html
...and...
Gustav takes aim at N'awlins, oil prices
by PJ (CalculatedRisk)
http://calculatedrisk.blogspot.com/2008/08/gustav-takes-aim-at-nawlins-oil-prices.html

---

In Bulgarian:

"Порно режимът" на Интернет експлорър 8 е сериозна заплаха за Гугъл
"InPrivate Mode" in IE8, Google and Firefox
http://e-vestnik.bg/4533

Poll results

USA: Inflation or Deflation?
Inflation 23 (85%)
Deflation 4 (14%)

Poll results

A fiscal stimulus was proposed to keep US economy growing.
If you would US citizen, what you will do with those $300 ?

---

• Buy 1/4 oz gold coin 7 (41%)
• Buy a X-Box :-) 4 (23%)
• Pay my morTgage 3 (17%)
• Buy a half share of Google 2 (11%)
• Fill my cars tank 1 (5%)

The EUR/USD poll is removed

Now we know the EUR/USD high was "only" 1.49.66

With recent EUR/USD @ 1.47, will EUR hit 1.50 USD until (2007) year end

---

The answers:
YES - 60% (wrong answer)
NO - 40% (correct answer)

---

As you may know I personally voted "NO" :)

Poll results

I recently removed poll for real estate crisis in EU.
Results are - Spain and Bulgaria will be next after UK.
However there were few votes.