On the hour: Dow +0.08%. 10-yr -0.04%. Euro +0.60% vs. dollar. Crude -0.72% to $93.14. Gold...

On the hour: Dow +0.08%. 10-yr -0.04%. Euro +0.60% vs. dollar. Crude -0.72% to $93.14. Gold -1.42% to $1654.15.
Comments (1)
  • Venerability
    , contributor
    Comments (3043) | Send Message
    Close to 200 people died - and close to 500, by some accounts, wounded in terrorist attacks in Pakistan yesterday, close to the toll in the well-remember Benazir Bhutto assassination. Pakistan and India are withdrawing ambassadors etc. etc. - and remember, both are active nuclear states.


    Plus renewed tensions in the Eastern South China Sea, as Everybody and His Brother and Sister steps up drills and patrols.


    Plus a serious incident at the same ole pipeline in Egypt.


    Plus Palestinians officially declaring themselves The State of Palestine - I guess they got new stationery.


    Plus . . . Well, the point is, before Gold and Oil were declared Non-Beneficiaries of Anything Whatsoever Involving Geopolitics - by Whom, we are still not sure - all of the above would have caused a spike in the Gold and Oil prices, rather than once again burying them under several tons of Yen and Platinum.


    The Ninnies don't even have the poor excuse of Dollah! Dollah! Dollah! anymore, since Dollah! Dollah! Dollah! isn't doing anywhere near as well as Euro! Euro! Euro! or even Loonie! Loonie! Loonie!
    11 Jan 2013, 01:25 PM Reply Like
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