Wednesday, December 8, 2010

Friday, December 3, 2010

Thursday, December 2, 2010

Take the money and buy Gold

If Ireland wants to get creative, it should take Trichet up on the offer right now for "unlimited cash" at 1%, and put the whole shebang on gold.
In a few of months when the payment is due, Ireland can tell the ECB that it will keep the gold to start a new gold-backed currency and the ECB can keep the IOUs. That would get the ECB and IMF talking about haircuts in short order.

Mish

Thursday, November 25, 2010

Saturday, November 20, 2010

Dr Doom

Saturday, November 6, 2010