Friday, August 5, 2011

Some Headlines

1. http://www.cnbc.com/id/44028591 - Mohamed El Erian: on sell off in western markets. Price is supreme but nonetheless does not hurt to listen to market particpants about their feelings.
2. http://www.economist.com/node/21524652 - Debt is the word that resonates with everyone in western world. Economist covers the situation in the article.
3. http://www.bloomberg.com/news/2011-08-04/currency-wars-enter-new-stage-as-chances-of-fed-asset-purchases-escalate.html - The result of curreny wars will be consolidation and build of war tensions amongst the nations, higher inflation, higher debts - consequently negative feedback loop resulting in higher debts & interest rates for western world and higher inflationary times for eastern side of the world. Gold and Silver will be the winner.

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