Stacy Summary: Oh dear, where is snoot?
Russia Continues to Build Gold Reserves Ahead of SDR Discussions
CNBC (see below) asks Faber if gold is the ultimate ponzi scheme
Stacy Summary: Oh dear, where is snoot?
Russia Continues to Build Gold Reserves Ahead of SDR Discussions
CNBC (see below) asks Faber if gold is the ultimate ponzi scheme
Stacy Summary: Here is a video of the radio show! I didn’t even know they were recording it on video. Here is a link to the transcript.
Tags: max keiser · radio · russia · stacy herbert
Stacy Summary: Gee, today is shaping up to be a big news day. All sorts of war criminals and financial terrorists ‘testifying’ today.
Paulson says Russia urged China to dump Fannie, Freddie bonds
Stacy Summary: The next stage of the global crisis is clearly happening in the currency grid, led by the collapsing reserve currency.
Russia to cut rates to fight carry trade speculators
India may buy remaining IMF gold (h/t @snipertrader)
Tags: carry trade · imf gold · india · russia
Stacy Summary: Poor @Mike/Liverpool. Like I said in one of our podcasts, all currencies are falling, it’s just the dollar is falling so much faster.
Dollar Overwhelms Central Banks from Brazil to Korea
Brazil, South Korea and Russia are losing the battle among developing nations to reduce gains in their currencies and keep exports competitive [...]
Tags: brazil · central banks · dollar · korea · russia
Stacy Summary: Max on Russia Today only a few minutes ago.
Stacy Summary: Russia bought 400,000 ounces of gold in September. (They must be getting ready for The Keiser Report). In the meantime, as you can see from the chart below, today, the dollar seems to have fallen out of bed.
Tags: dollar · gold · Jibber Jabber · russia
Stacy Summary: Morning! Glad y’all liked the suicide space bombers from yesterday’s Truth About Markets. Here are some headlines I gleaned from the comments section.
Russia to allow pre-emptive nukes (h/t Phil)
Putin fuels de-dollarization speculations (h/t TOP)
Harrods to begin selling 12.5 kg ‘off the shelf’ gold bullion bars (h/t Adam C)
Dow tanks in ounces of gold [...]
Tags: gold · harrods · pre-emptive · russia · wall street pay
Stacy Summary: Terrorist suspects on flight? Hmmm . . . that would be real convenient for Airbus and Air France/KLM . . .
Terrorist suspects were on doomed Air France flight
Russia may swap US Treasuries for IMF debt
Treasuries decline on reports that Russia dumping dollar
Fed records subpoenaed
Updates:
French 3 strikes anti-piracy law struck down on human rights [...]
Tags: air france · fed · russia · subpoena · swaps · US treasuries
Stacy Summary: Implosion in Brown’s party. While Brown’s bottom looks bigger and bigger every day as more dive into safety of gold.
Northwest Mutual buys gold for first time in 152 years
New Labour’s Jacqui Smith resigns
New Labour’s Patricia Hewitt, Beverley Hughes & David Chaytor resign
Abu Dhabi Sheikh’s record £1.5 billion profit
Updates:
Hummer sold to Chinese company
Russia’s demands [...]