"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat
Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput
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Hi Dan, Could you shoot me an email to braunie@charter.net I would like to ask you a quick question.
ReplyDeleteBest,
Jeff
Jeez - have you seen the action at the 11:30 London fix and 1:30 crimex fix?
ReplyDeleteIt's been pretty bad lately. On low volume days, they just push it down right into the close, probably with help from traders. On higher volume days, traders front run it , and then bail if they don't see the push from the cartel coming, which causes a spike up.
Well, it is nice of Dennis to admit he made a mistake...
ReplyDeletehttp://business.financialpost.com/2012/01/05/gartman-admits-he-made-a-blown-call-on-gold/