Etoile Brilliant

Seeking the Fix That Will Finally Work

Banks won't lend to each other? Let's start the process of ultimate disintermediation - take the banks out of the equation and let the central banks lend directly to the borrowers. What worries me is when Central Banks stop lending to each other. We've already seen the first signs of it with Iceland. Wait until it happens with Italy, UK or even Uncle Sam

The U.S. Dollar: A Contrarian View

I wasn't aware that China actually bought the USD, my feeling is that WalMart dumps USD on them as a trading currency.

Only Gold Can Replace the Greenback As the World's Reserve Currency

Get real! Trichet only has to put his hand into his crotch to realise he's got what it takes to be a Central Banker. If Bernake does the same - nada!

Based on the buckling Bernanke's peformance this week. I know what currency I would like to hold my reserves in.