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Notes From Underground: Sarkozy and Merkel … Is That All There Is??? (Peggy Lee)
The markets were all waiting for a major statement regarding the European political situation and its effect on the financial system. It wound up being the most banal as it makes me wonder what leaders...
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Notes From Underground: Somebody Please Cancel Silvio Berlusconi’s Viagara...
Due to the availability of virility enhancers, the Italian political arena is plagued by billionaires who still believe they remain relevant. The ability to sustain an erection does not make you...
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Notes From Underground: The FED Goes From Quantitative to Qualitative … You...
Well, the famed modeler from M.I.T. has finally admitted that he has been an avid reader of Notes From Underground and in the world of global macro finance, 2+2=5. The FOMC statement was a surrender to...
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Notes From Underground: The DREADS of the Redemption Song
It was only a year ago that the PRECIOUS METALS were laboring under the continued selling of GOLD and SILVER as the John Paulson hedge funds were liquidating long positions to meet the huge amount of...
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Notes From Underground: Has the Fed Potentially Created a Trap For Itself???...
As the talk turns to concern about inflation in the U.S. and possibly the U.K., we must ask ourselves a question that will be our focus for at least the next six months. Last week I wrote about the...
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Notes From Underground: “A Single Spark Can Start A Prairie Fire” (Mao, 1930)
You don’t have to be a weather man to know which way the wind is blowing, or so says Bob Dylan. As long as all things are emanating out of China it may be the time to dust off the sayings of Mao for as...
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