29 November 2011

Go Warren, Go!!!

With Bank Of America On The Verge Of Breaching $5.00, Our Question Of The Day Is...:
http://www.zerohedge.com/news/bank-america-verge-breaching-500-our-question-day

Zero Hedge - Europe's Grand Plan - 3 Strikes And You're All In

http://www.zerohedge.com/news/europes-grand-plan-3-strikes-and-youre-all

More From KWN, Gold Will Rise Significant 2012

Pento - Money Printing to Cause Significant Gold Move in 2012:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/29_Pento_-_Money_Printing_to_Cause_Significant_Gold_Move_in_2012.html

Sprott Asset Management & James Turk Sees Silver Doubling in a Reasonably Short Period of Time

Embry - Look for Silver to Double in a Short Period of Time:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/29_Embry_-_Look_for_Silver_to_Double_in_a_Short_Period_of_Time.html

James Turk - Bullish Flag Pattern to Quickly Send Silver to $70:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/28_James_Turk_-_Bullish_Flag_Pattern_to_Quickly_Send_Silver_to_%2470.html

More Fun About US:

U.S. Rating Outlook Cut to Negative by Fitch After Deficit Committee Fails:
http://www.bloomberg.com/news/2011-11-28/u-s-rating-outlook-cut-to-negative-by-fitch-after-deficit-committee-fails.html

The Numbers That Never Stop Changing In The MF Global Bankruptcy
http://www.businessinsider.com/mf-global-bankruptcy-numbers-summary-2011-11

More Fun About Europe

JOHN TAYLOR: The Euro Situation Is Worse Than I Could Have Dreamed
http://www.businessinsider.com/john-taylor-the-euro-situation-is-worse-than-i-could-have-dreamed-2011-11

Hungary Raises Rates to Shield Forint From Junk Credit Grade:
http://www.bloomberg.com/news/2011-11-29/hungary-raises-interest-rates-to-shield-forint-from-debt-downgrade-to-junk.html

ECB Fails to Attract Sufficient Bids to Mop Up Liquidity From Buying Bonds:
http://www.bloomberg.com/news/2011-11-29/ecb-fails-to-fully-offset-bonds-purchased-under-program-to-finance-eu-debt.html

European Banks’ Ratings May Be Lowered by Moody’s as States Reduce Support:
http://www.bloomberg.com/news/2011-11-29/moody-s-signals-possible-downgrade-for-euro-banks.html

Some Happy Charts

11 Big Charts That Show What A Mess The Economy Has Suddenly Become:
http://www.businessinsider.com/charts-oeced-warns-on-the-global-economy-2011-11#-11

Middle East Tension

Iranian protesters seize 6 British embassy staff:
http://www.reuters.com/article/2011/11/29/us-iran-britain-embassy-idUSTRE7AS0X720111129


Al-Qaida linked group claims responsibility for Katyusha fire against Israel:
http://www.haaretz.com/news/diplomacy-defense/al-qaida-linked-group-claims-responsibility-for-katyusha-fire-against-israel-1.398495

Katyusha fire on Israel was Syrian warning. Turkey ready for any scenario:
http://www.debka.com/article/21524/

EU bailout fund of 1 trillion euros failing...

EU Bailout Seen Falling Short, Pressuring ECB:
http://www.bloomberg.com/news/2011-11-29/euro-rescue-fund-boost-seen-falling-short-as-focus-on-ecb-support-revived.html

Some More QE coming right up, QE 3 next

Fed’s Yellen Sees Scope for More Easing:
http://www.bloomberg.com/news/2011-11-29/fed-s-yellen-sees-scope-for-further-asset-purchases-to-spur-u-s-recovery.html