CrunchTimes

The Halifax Liquid Gold savings account returns -5.25%. Gold, incidentally (bullion), was up 25% in 2009.

I for one would like to welcome our new overlord, Van Rompuy

The system right now is on a knife edge, an edge that’s being tightrope walked by the financial cirque du soleil.

Nouriel Roubini has warned of the growing asset bubble based on the US dollar carry trade. It’s certainly behind the recent stock market rally. Is there a bubble in precious metals forming? I don’t think so, and neither does Jim Rogers.

we’re about to see what happens when accomplished retards are allowed to teach potential retards.

Instead of ripping off other people’s articles I’m going to write my own commentary; and post a weekly set of external news links.

Expert investor Jim Rogers has slammed the Federal Reserve for destroying the dollar in order to rescue Wall Street, calling it “outrageous” that Ben Bernanke used $230 billion [...]

Everybody’s decided to chuck in a couple of grand for a one thirty-one-millionth share in the moribund Northern Rock bank [story]. So far the government has surprisingly been unable to attract substantial interest from private investors, although the chancellor is set to present a case on BBC2’s Dragon’s Den next month. Personally I’m hoping he [...]

IF ONLY…. By: Richard J. Greene, Thunder Capital Management
1. Government spending is out of control with little regard for bringing budget deficits into balance;
2. Trade deficits are mounting toward new records despite a more than 30% decline in the value of the dollar;
3. Inflation rates and employment statistics were actually much worse than the Government [...]

He puts his left leg in, his left leg out, does the Hokey Cokey and completely U-turns on his FSCS savings guarantee.
“We’ll offer protection on the first £100,000″
“That’s a bit of a fucking liability isn’t it Alistair?”
“We’ve got no choice, they’re losing faith in the banks, it could go down like a house of cards [...]