Queen - Bohemian Rhapsody

A classic ain't it.

The Love song of B Bernanke (2)

Well, I tried. What do you reckon.

Ron Paul Addresses Banking Hearing on Moral Hazard

we is doomed, dudes. Got Gold.

Chief strategist at CLSA predicts record gold run - Times Online

Chief strategist at CLSA predicts record gold run - Times Online: "t would be the biggest run on gold since the attempted French invasion of Britain of 1797 that sent prices through the roof. The precious metal, long a safe haven for investors, yesterday was predicted by a leading analyst to quadruple within three years as buyers seek shelter from prolonged turmoil in mainstream financial markets. According to Christopher Wood, chief strategist at the broker CLSA, market ructions and a collapse of the dollar could send gold prices to more than $3,400 an ounce within the next three years. Gold futures last night hit a 28-year high at $733 an ounce, but are more than $100 short of the record. Mr Wood said that the sub-prime conflagration would be the catalyst for a wider breakdown in markets. However, Wood predicted that investors would soon realise that the sub-prime crisis is simply the catalyst of a much wider breakdown, arguing that it has been the “Archduke Ferdinand assassination event” that sparks a bigger calamity. “This is not a sub-prime crisis. Sub-prime has merely exposed the bigger scam of structured finance; a scam that is about pretending that bad credit is good credit,” he said"

Welcome to the new economy

you just crossed over into the twilight zone.

Glenn Beck - US Economy - 09.18.2007

We are doomed dudes. Bonfire of the currencies.

Financial Sense "Liquid Energy" by Elliott Gue 09/14/2007

Financial Sense "Liquid Energy" by Elliott Gue 09/14/2007: "In the most recent issue of The Energy Strategist, I took a detailed look at the Asian coal markets and how Australia is a key beneficiary of growing Asian coal trade. Much of the same is true for natural gas: Australia is fast becoming a major exporter of LNG to Asia. The nation is politically stable, and unlike many other resource rich countries, the government has been fair and transparent in its treatment of resource access and taxation. As a result, Australia has benefited from a massive increase in investment on the part of global energy firms. Source: EIA Australia’s natural gas production is set to increase at an annualized pace of 4.3 percent out to 2030. This is the fastest production growth projected for any country, anywhere in the world. The vast majority of that gas will be exported. In fact, Australia alone accounts for all the gas production growth forecast for the developed world out to 2030. I’ve studied the Australian market in recent years because the country's geographic proximity to Asia makes it an obvious beneficiary of rising Asian energy demand. The only problem is that Australian stocks have been tough for most US and Canada-based investors to access. But that's changing. Interactive Brokers recently gave account holders direct access to Australian stocks for a tiny commission.

Other brokers are considering following that move. And I've noticed that some of the US shares of Australian firms traded on the over-the-counter market have begun to pick up volume lately.

There are a number of ways to play the gas growth theme. One is to buy into the companies that supply compression equipment and provide engineering services necessary to build out LNG infrastructure--mainly gas liquefaction and regasification terminals. And I'm also looking more carefully at a number of Australian and US firms that will be big producers of LNG in coming years.

RANT - Rates And The Dollar - 0912

excellent stuff

Bin Laden Video

Pink Floyd - Wish You Were Here

enough said..

0905 Evening Update

Great technicals

Buffalo Springfield - For What It's Worth (Monterey 1967)

nice clip

End Of Day 9-4 Tickerforum Update

Excellent technical market commentary.

Bernanke's Pledge Fails to Dispel Pessimism

Bloomberg.com: U.S.: "Sept. 3 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke's pledge to stop the credit-market rout from wrecking the economy failed to quell concern at the Fed's Wyoming summer retreat that the U.S. is heading for recession. ``I came to Jackson Hole thinking there would be no recession, but I'm leaving thinking we could well have one,'' said Susan Wachter, a professor at the University of Pennsylvania's Wharton School, who co-wrote the first academic paper presented at the conference. This year's theme -- Bernanke said organizers had ``outdone themselves'' with a relevant topic -- was housing and monetary policy, eliciting forecasts of sliding home prices and criticism the Fed should have done more. Martin Feldstein of Harvard University warned of a ``very serious downturn'' and called on policy makers to cut interest rates by 1 percentage point. The normally academic tone of the Kansas City Fed's symposium was replaced this year by concern that the sudden increase in the cost of credit to people and companies will hurt spending and investment. Consumer confidence dropped by the most in two years in August, the Conference Board reported on Aug. 28."

Kath and Kim take on WorkChoices - Part 2

Kim and Kath on Work Choices