Tuesday, March 16th, 2010

Note, upper left corner — “The Perfect Sammich”
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To the chagrin of Bears and cash horders everywhere, the unemployment numbers were magically re-arranged in unicorn land to gallop forth and match the pixie-dust retail fabulations we got yesterday.
Ladies and gentlemen, I’d like to take this moment to thank The Gap Inc. (GPS: 23.30 +1.00%) [...]

 
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While nothing is yet set in stone, two big precious metal “tells” are indicating that, POG and POS, aside, we may have braved the gauntlet of the recent harsh pullback in the sector, and could be looking at a resumption of the secular bull.
I know this is slightly contorversial, as I am gainsaying a friend and [...]

Avast Ye Steam-punk Scalawags!
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Looks like the bewigged and wedge-shoed scarlet coats of the Federal Admiralty have thrown down their first frilly gauntlet and taken a shot across our portside bow last evening with a cannon-load of “hot grape” called “quarter point discount rate increase,” in the less civilized quarters of New Orleans and other pirate [...]

 
A Song for the Times?
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Well, so much for Helicopter Ben’s New York Times- abetted “tightening” kabuki theater act.
Did you enjoy it?  I hear he’s been studying at the New School.
I dunno, maybe the guys down at Goldman called Bernanke up last night and asked him for some help in getting out of their Euro shorts, [...]

 
Truck O’ Molten Assets
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That beeping sound you hear is me backing up the truck, and grabbing some more lovely PM positions as the sun goes down on this day of dollar death.
I’ve mentioned that I love Allied Nevada Gold Corp. (ANV: 15.54 +2.37%) for the long term, almost as much as I like Silver Wheaton [...]

Ahm gonna take this itty bitty world by storm…
And ahm just gettin’ warm….
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Just in case any of you are thinking this recent pullback has been anything but a dollar play, have a look at this piece by ETF Trader (and by extension, The Financial Times).   Yes, that’s an $8 billion plus short on the Euro, [...]