but its good for america VT...well at least for multinational corporations that peddle their products overseas and the stock market just keeps pace with inflation over the long haul....as for the sheep that have to deal with a housing collapse and massive inflation no worries.
Americans that have worked hard and saved and not bought into taking on debt up to their eyeballs screw them the most. Cause in the end the dems will take over and bail everybody out and rape those that were prudent.
Americans that have worked hard and saved and not bought into taking on debt up to their eyeballs screw them the most. Cause in the end the dems will take over and bail everybody out and rape those that were prudent.
Yeah there is no inflation.
By Millie Munshi
Sept. 28 (Bloomberg) -- Commodities headed for the biggest monthly gain in 32 years, led by wheat, crude oil and gold, as the dollar's slump enhanced the appeal of energy, grains and precious metals as a hedge against inflation.
The 19-commodity Reuters/Jefferies CRB Index was up 8.7 percent this month, the most since July 1975. Wheat climbed to a record in September amid a global grain shortfall, boosting corn and soybeans. Oil also hit a record, and gold reached a 27-year high. The Federal Reserve cut borrowing costs to bolster the U.S. economy, sending the dollar tumbling.
''The Fed has signaled pretty clearly that they will answer the problem of a slowing economy with greater liquidity,'' said Chip Hanlon, who manages $1 billion at Delta Global Advisors Inc. in Huntington Beach, California. ''We're in a bullish phase for commodities.''
The CRB Index rose to 334.50 at 12:35 p.m. New York time from 308.76 on Aug. 31. Wheat reached a record $9.5125 a bushel today. Crude oil climbed to $83.90 a barrel, the highest ever, on Sept. 20 and approached the record today. Gold rose as high as $752.80 an ounce today, the highest since January 1980.
The dollar fell to a record against a weighted basket of six major currencies, including the euro, yen and pound. The Fed on Sept. 18 cut its benchmark rate by 0.5 percentage point, more than economists forecast, to 4.75 percent in an attempt to shore up an economy threatened by a housing recession
By Millie Munshi
Sept. 28 (Bloomberg) -- Commodities headed for the biggest monthly gain in 32 years, led by wheat, crude oil and gold, as the dollar's slump enhanced the appeal of energy, grains and precious metals as a hedge against inflation.
The 19-commodity Reuters/Jefferies CRB Index was up 8.7 percent this month, the most since July 1975. Wheat climbed to a record in September amid a global grain shortfall, boosting corn and soybeans. Oil also hit a record, and gold reached a 27-year high. The Federal Reserve cut borrowing costs to bolster the U.S. economy, sending the dollar tumbling.
''The Fed has signaled pretty clearly that they will answer the problem of a slowing economy with greater liquidity,'' said Chip Hanlon, who manages $1 billion at Delta Global Advisors Inc. in Huntington Beach, California. ''We're in a bullish phase for commodities.''
The CRB Index rose to 334.50 at 12:35 p.m. New York time from 308.76 on Aug. 31. Wheat reached a record $9.5125 a bushel today. Crude oil climbed to $83.90 a barrel, the highest ever, on Sept. 20 and approached the record today. Gold rose as high as $752.80 an ounce today, the highest since January 1980.
The dollar fell to a record against a weighted basket of six major currencies, including the euro, yen and pound. The Fed on Sept. 18 cut its benchmark rate by 0.5 percentage point, more than economists forecast, to 4.75 percent in an attempt to shore up an economy threatened by a housing recession
gotta tip my cap they ran with this funny money game all the way to the top...now they are realizing the rest the world isn't going to be able to pick up the slack for the american consumer much longer
--------------------------------------------------------------------------
Goldman Sachs tiptoeing into the bear camp
By Ambrose Evans-Pritchard
Last Updated: 2:05am BST 28/09/2007
Goldman Sachs has abandoned its ultra-bullish view of the world economy, warning of a likely recession in Japan and mounting risks that US property slump could spread to parts of Europe.
In a new report, "The Global Economy Hits a Crunch", the US investment bank said it was no longer sure that Asia and Europe would be able to pick up the growth baton as America stumbled. It fears that turmoil is spreading beyond the debt markets to the factory floor.
"Much has changed since mid-July, when we wrote that 'the global economy continues to enjoy one of the strongest sustained expansion in modern history'. The mood in financial markets is clearly darker, and the economic data in the developed world is showing signs of wear," it said.
Japan's recovery is tottering, with the chance of an outright recession having risen to nearly two in three," said the report, authored by chief economist Jim O'Neill.
It is an abrupt change of tack for the bank known as the "cheer leader" of the global boom. Until now Goldman has insisted that Asia and the developing world are strong enough to shrug off an American slowdown, allowing world growth to keep racing ahead without missing a step -- despite subprime woes.
Often overlooked, Japan remains the world's second biggest economy and top creditor with some $3,000bn in net foreign assets.
Output had already contracted an annual rate of 1.2pc in the second quarter before the credit crisis hit.
There has since been a surge in the yen as speculators unwind carry trade positions, leaving Japan's margin-trading housewives and grannies nursing big losses.
Wages have fallen for the last eight months in a row. They are now down 1.9pc from a year ago, threatening to pull the country back into deflation.
Goldman Sachs feared it was now "inevitable" that consumers would batten down the hatches for a while.
The bank said Europe is now so weak after a clutch of dire confidence surveys in Germany, Italy, France, and The Netherlands that any further rate rises by the European Central Bank are "off the table".
It expects the euro to fall back to $1.35 against the dollar over the next year, and sterling to tumble to $1.88 as the Bank of England pushes through three rate cuts.
The one bright spot is the 'BRIC' quartet of Brazil, Russia, India, and China, all still firing on four cylinders, if slowing slightly.
In a separate report, "Rising Risks to the Global Housing Market," it said that much of global system had succumbed to a property boom that is in some ways more stretched than in the US, with real (inflation-adjusted) house price rises of over 100pc in France, 60pc in Italy, 55pc in Canada, and 72pc in Australia since the late 1990s. The bubbles in Spain and and Ireland have been more extreme.
"Such a widespread housing boom has little precedent in modern history. In those markets where prices have run up the most, and rental yields have fallen dramatically, the risks of a housing correction are likely to have increased materially," said the note, by Peter Berezin.
"The wealth effect for housing is about twice as large as for equities, with consumption falling by about two cents in the short run for every $1 decline in home prices," he said.
He expects US house prices to drop 7pc in 2007 and another 7pc in 2008, as mortgage lenders shut off credit to chunks of the market. "The US is often a leading indicator for what happens in the rest of the world".
Mr Berezin said construction booms usually lead to housing busts lasting several years. Residential construction in the US reached 6.3pc of GDP at the peak of the bubble, the highest since the baby boom in the early 1950s.
In Spain, it has been even higher, averaging 8.7pc of GDP since 2003, and in Ireland it has exploded to 14.2pc, leaving a overhang of unsold property. House prices are already falling in Spain, where 98pc of mortgages are on floating rates that have roughly doubled since late 2005.
Property prices have dropped for the last four months in a row in Ireland.
Mr Berezin said the Goldman's "decoupling" thesis was based on the assumption that the US housing slump was a "country-specific-shock" that would not spill over into other economies. This was now in doubt.
"The spread of global credit risks has introduced a new potential transmission mechanism. If home prices in the key economies begin to fall, this will have an adverse effect on global growth," he said.
--------------------------------------------------------------------------
Goldman Sachs tiptoeing into the bear camp
By Ambrose Evans-Pritchard
Last Updated: 2:05am BST 28/09/2007
Goldman Sachs has abandoned its ultra-bullish view of the world economy, warning of a likely recession in Japan and mounting risks that US property slump could spread to parts of Europe.
In a new report, "The Global Economy Hits a Crunch", the US investment bank said it was no longer sure that Asia and Europe would be able to pick up the growth baton as America stumbled. It fears that turmoil is spreading beyond the debt markets to the factory floor.
"Much has changed since mid-July, when we wrote that 'the global economy continues to enjoy one of the strongest sustained expansion in modern history'. The mood in financial markets is clearly darker, and the economic data in the developed world is showing signs of wear," it said.
Japan's recovery is tottering, with the chance of an outright recession having risen to nearly two in three," said the report, authored by chief economist Jim O'Neill.
It is an abrupt change of tack for the bank known as the "cheer leader" of the global boom. Until now Goldman has insisted that Asia and the developing world are strong enough to shrug off an American slowdown, allowing world growth to keep racing ahead without missing a step -- despite subprime woes.
Often overlooked, Japan remains the world's second biggest economy and top creditor with some $3,000bn in net foreign assets.
Output had already contracted an annual rate of 1.2pc in the second quarter before the credit crisis hit.
There has since been a surge in the yen as speculators unwind carry trade positions, leaving Japan's margin-trading housewives and grannies nursing big losses.
Wages have fallen for the last eight months in a row. They are now down 1.9pc from a year ago, threatening to pull the country back into deflation.
Goldman Sachs feared it was now "inevitable" that consumers would batten down the hatches for a while.
The bank said Europe is now so weak after a clutch of dire confidence surveys in Germany, Italy, France, and The Netherlands that any further rate rises by the European Central Bank are "off the table".
It expects the euro to fall back to $1.35 against the dollar over the next year, and sterling to tumble to $1.88 as the Bank of England pushes through three rate cuts.
The one bright spot is the 'BRIC' quartet of Brazil, Russia, India, and China, all still firing on four cylinders, if slowing slightly.
In a separate report, "Rising Risks to the Global Housing Market," it said that much of global system had succumbed to a property boom that is in some ways more stretched than in the US, with real (inflation-adjusted) house price rises of over 100pc in France, 60pc in Italy, 55pc in Canada, and 72pc in Australia since the late 1990s. The bubbles in Spain and and Ireland have been more extreme.
"Such a widespread housing boom has little precedent in modern history. In those markets where prices have run up the most, and rental yields have fallen dramatically, the risks of a housing correction are likely to have increased materially," said the note, by Peter Berezin.
"The wealth effect for housing is about twice as large as for equities, with consumption falling by about two cents in the short run for every $1 decline in home prices," he said.
He expects US house prices to drop 7pc in 2007 and another 7pc in 2008, as mortgage lenders shut off credit to chunks of the market. "The US is often a leading indicator for what happens in the rest of the world".
Mr Berezin said construction booms usually lead to housing busts lasting several years. Residential construction in the US reached 6.3pc of GDP at the peak of the bubble, the highest since the baby boom in the early 1950s.
In Spain, it has been even higher, averaging 8.7pc of GDP since 2003, and in Ireland it has exploded to 14.2pc, leaving a overhang of unsold property. House prices are already falling in Spain, where 98pc of mortgages are on floating rates that have roughly doubled since late 2005.
Property prices have dropped for the last four months in a row in Ireland.
Mr Berezin said the Goldman's "decoupling" thesis was based on the assumption that the US housing slump was a "country-specific-shock" that would not spill over into other economies. This was now in doubt.
"The spread of global credit risks has introduced a new potential transmission mechanism. If home prices in the key economies begin to fall, this will have an adverse effect on global growth," he said.
Who says theres no inflation? I beleive they say its contained as far as their influence on it goes?
Any commodity that needs to be put on wheels and shipped out is going to feel the wrath of being held hostage to oils price.Since we get record energy prices doesnt only seem natural that any such commodities also will rise? Inflation occurs for a variety of reasons beside the printing of money.
Eek,got a source for your post (lol)? Now tell us what the positive yield curve is universally accepted as indicating?
They simply aren't slashing rates, in fact they are still hawkish...As for what happens with a debased currency. Well for one thing the standard of living will go down. Virtually everything will get more expensive, obviously imports...
How did this work out for Weimar Germany? Debasement in order to somehow get a trade imbalance to go away simply doesn't work. Why would a country want to continue to hold our debt if they will get a better return elsewhere. I'm watching the gold price as well as the 30 yr number....I can't see how debasement is a positive thing. It may make people feel better when the Dow hits 15k or their house value stabilizes but if their money is worth less than what difference does it make?...And raw materials and other costs will catch up with this eventually...My advice spend your money now. Once everything filters down you won't get any bang for the buck.
it's official debt ceiling raised.....oh well i guess since the dollar is tanking its not as much a debt burden....print biatches....every american citizen currently in 30,000 dollars of debt on paper.
------------------------------------------------------------------------
Thu Sep 27, 2007 8:36pm ET145
WASHINGTON, Sept 27 (Reuters) - With the U.S. government fast approaching its current $8.965 trillion credit limit, the Senate on Thursday gave final congressional approval of an $850 billion increase in U.S. borrowing authority.
The Senate voted 53-42 to raise the debt ceiling to $9.815 trillion, the fifth increase in the U.S. credit limit since President George W. Bush took office in January 2001. The U.S. House of Representatives approved the higher debt limit earlier this year as part of the overall budget resolution and the legislation now goes to Bush for his signature.
"We have no choice but to approve it. If we fail to raise the debt ceiling soon, the U.S. Treasury will default for the first time in its history," said Senate Finance Committee Chairman Max Baucus.
"Plainly, especially in this credit crisis, we cannot let that happen," the Montana Democrat added.
The U.S. Treasury Department has been pressing Congress to pass the debt increase quickly. Last week Treasury Secretary Henry Paulson said the government would hit its current $8.965 trillion debt limit on Oct. 1.
But Sen. Tom Coburn, an Oklahoma Republican, urged lawmakers to reject the debt increase and concentrate on spending cuts instead.
"Families across America don't have the luxury of loaning themselves any money when they've maxed out their credit. But that's what we're going to do," Coburn said.
Lawmakers said the $850 billion increase in borrowing authority, the second largest since Bush took office, should be enough to last the government through next year's congressional and presidential elections.
U.S. debt stood at about $5.6 trillion at the start of Bush's presidency.
"Increasing the debt limit is necessary to preserve the full faith and credit of the United States of America," said Iowa Sen. Charles Grassley, the senior Republican on the Finance panel. (Additional reporting by Richard Cowan)
------------------------------------------------------------------------
Thu Sep 27, 2007 8:36pm ET145
WASHINGTON, Sept 27 (Reuters) - With the U.S. government fast approaching its current $8.965 trillion credit limit, the Senate on Thursday gave final congressional approval of an $850 billion increase in U.S. borrowing authority.
The Senate voted 53-42 to raise the debt ceiling to $9.815 trillion, the fifth increase in the U.S. credit limit since President George W. Bush took office in January 2001. The U.S. House of Representatives approved the higher debt limit earlier this year as part of the overall budget resolution and the legislation now goes to Bush for his signature.
"We have no choice but to approve it. If we fail to raise the debt ceiling soon, the U.S. Treasury will default for the first time in its history," said Senate Finance Committee Chairman Max Baucus.
"Plainly, especially in this credit crisis, we cannot let that happen," the Montana Democrat added.
The U.S. Treasury Department has been pressing Congress to pass the debt increase quickly. Last week Treasury Secretary Henry Paulson said the government would hit its current $8.965 trillion debt limit on Oct. 1.
But Sen. Tom Coburn, an Oklahoma Republican, urged lawmakers to reject the debt increase and concentrate on spending cuts instead.
"Families across America don't have the luxury of loaning themselves any money when they've maxed out their credit. But that's what we're going to do," Coburn said.
Lawmakers said the $850 billion increase in borrowing authority, the second largest since Bush took office, should be enough to last the government through next year's congressional and presidential elections.
U.S. debt stood at about $5.6 trillion at the start of Bush's presidency.
"Increasing the debt limit is necessary to preserve the full faith and credit of the United States of America," said Iowa Sen. Charles Grassley, the senior Republican on the Finance panel. (Additional reporting by Richard Cowan)
Inflation and Disinflation, Sept 2007
These days, there's a big disconnect among inflation watchers. Those who weigh gold and oil prices heavily are waving red flags, because those commodities are at or near all-time highs. On the other hand, both have been high for months, but haven't translated (yet) into higher prices across the broad baskets of consumption items. In fact, the measures for personal consumption expenditures have been indicating disinflation for about a year. Here's the monthly chart; click to enlarge:
The PCE inflation (red) indicates today's and yesterday's inflation. Gold, oil, and also the TIPS spread (blue), in theory, indicate future inflation. (The tiny gold market and the huge oil market are both predicting inflation, but the huge bond market is not.) We'll know in 6 to 9 months how reliable each of those three predictors turned out to be, because that's how long it takes for the Fed's monetary policy to play out. In the meantime, disinflation is what we are currently experiencing for consumption items; that combined with housing asset price deflation is why I think the Fed did the right thing by loosening, which is a recession-prevention move.
=============
These days, there's a big disconnect among inflation watchers. Those who weigh gold and oil prices heavily are waving red flags, because those commodities are at or near all-time highs. On the other hand, both have been high for months, but haven't translated (yet) into higher prices across the broad baskets of consumption items. In fact, the measures for personal consumption expenditures have been indicating disinflation for about a year. Here's the monthly chart; click to enlarge:
The PCE inflation (red) indicates today's and yesterday's inflation. Gold, oil, and also the TIPS spread (blue), in theory, indicate future inflation. (The tiny gold market and the huge oil market are both predicting inflation, but the huge bond market is not.) We'll know in 6 to 9 months how reliable each of those three predictors turned out to be, because that's how long it takes for the Fed's monetary policy to play out. In the meantime, disinflation is what we are currently experiencing for consumption items; that combined with housing asset price deflation is why I think the Fed did the right thing by loosening, which is a recession-prevention move.
=============
<TABLE rules=all bgColor=#99ff66 border=1 frame=border><CAPTION>You mean, the truth about the money supply may not be what you read here or hear on TV :think2:
blasphemy!!!!!!!!!!!!!!!!!!
http://www.econbrowser.com/archives/2007/09/money_creation.html
Supply and disposition of potential dollars.
(Based on weekly averages, in millions of dollars)
</CAPTION><TBODY><TR><TD colSpan=2><TD align=middle>Week ended
Aug 8 <TD align=middle>Week ended
Aug 15 <TD align=middle>Week ended
Sep 19 <TD align=middle>Change from
Aug 8 to Aug 15 <TD align=middle>Change from
Aug 8 to Sep 19 <TR><TD colSpan=2>Total dollars created <TD align=middle>818,498 <TD align=middle>836,308 <TD align=middle>815,476 <TD align=middle>17,810 <TD align=middle>-3,022 <TR><TD><TD>Treasury securities <TD align=middle>790,814 <TD align=middle>790,655 <TD align=middle>779,636 <TD align=middle>-159 <TD align=middle>-11,178 <TR><TD><TD>Repurchase agreements <TD align=middle>18,571 <TD align=middle>36,286 <TD align=middle>30,179 <TD align=middle>17,715 <TD align=middle>11,608 <TR><TD><TD>Less: Reverse repos <TD align=middle>-31,647 <TD align=middle>-31,357 <TD align=middle>-35,735 <TD align=middle>290 <TD align=middle>-4,088 <TR><TD><TD>Discount window loans <TD align=middle>251 <TD align=middle>271 <TD align=middle>2,421 <TD align=middle>20 <TD align=middle>2,170 <TR><TD><TD>Other <TD align=middle>40,509 <TD align=middle>40,453 <TD align=middle>38,975 <TD align=middle>-56 <TD align=middle>-1,534 <TR><TD colSpan=2>Total dollars held <TD align=middle>818,498 <TD align=middle>836,308 <TD align=middle>815,476 <TD align=middle>17,810 <TH align=middle>-3,022 <TR><TD><TD>Reserve balances <TD align=middle>5,447 <TD align=middle>23,905 <TD align=middle>5,561 <TD align=middle>18,458 <TD align=middle>114 <TR><TD><TD>Currency in circulation <TD align=middle>813,051 <TD align=middle>812,403 <TD align=middle>809,915 <TD align=middle>-648 <TD align=middle>-3,136 </TD></TR></TBODY></TABLE>
blasphemy!!!!!!!!!!!!!!!!!!
http://www.econbrowser.com/archives/2007/09/money_creation.html
Supply and disposition of potential dollars.
(Based on weekly averages, in millions of dollars)
</CAPTION><TBODY><TR><TD colSpan=2><TD align=middle>Week ended
Aug 8 <TD align=middle>Week ended
Aug 15 <TD align=middle>Week ended
Sep 19 <TD align=middle>Change from
Aug 8 to Aug 15 <TD align=middle>Change from
Aug 8 to Sep 19 <TR><TD colSpan=2>Total dollars created <TD align=middle>818,498 <TD align=middle>836,308 <TD align=middle>815,476 <TD align=middle>17,810 <TD align=middle>-3,022 <TR><TD><TD>Treasury securities <TD align=middle>790,814 <TD align=middle>790,655 <TD align=middle>779,636 <TD align=middle>-159 <TD align=middle>-11,178 <TR><TD><TD>Repurchase agreements <TD align=middle>18,571 <TD align=middle>36,286 <TD align=middle>30,179 <TD align=middle>17,715 <TD align=middle>11,608 <TR><TD><TD>Less: Reverse repos <TD align=middle>-31,647 <TD align=middle>-31,357 <TD align=middle>-35,735 <TD align=middle>290 <TD align=middle>-4,088 <TR><TD><TD>Discount window loans <TD align=middle>251 <TD align=middle>271 <TD align=middle>2,421 <TD align=middle>20 <TD align=middle>2,170 <TR><TD><TD>Other <TD align=middle>40,509 <TD align=middle>40,453 <TD align=middle>38,975 <TD align=middle>-56 <TD align=middle>-1,534 <TR><TD colSpan=2>Total dollars held <TD align=middle>818,498 <TD align=middle>836,308 <TD align=middle>815,476 <TD align=middle>17,810 <TH align=middle>-3,022 <TR><TD><TD>Reserve balances <TD align=middle>5,447 <TD align=middle>23,905 <TD align=middle>5,561 <TD align=middle>18,458 <TD align=middle>114 <TR><TD><TD>Currency in circulation <TD align=middle>813,051 <TD align=middle>812,403 <TD align=middle>809,915 <TD align=middle>-648 <TD align=middle>-3,136 </TD></TR></TBODY></TABLE>
And to think that under the Coinage Act of 1792, anyone caught debasing the currency would be punished by penalty of death. That is, until LBJ got rid of that pesky little law. The founders of this country new the dangers of printing money out of nothing and debasing the currency.
It costs the federal reserve the same amount of money to print a sheet of $1 bills and $100 bills, or about 4 cents each. Where is the justice in that? That is why gold is so valuable. It takes 10 times the work to get 10 ounces of gold compared to 1 ounce of gold. But the only thing different between a $1 bill and a $100 bill is the way the ink is smeared on the paper.
Also, they took all the valuable metals out of circulation like silver in dimes and copper in pennies and gave you a bunch of shit alloy metals to pass around at the same value of the original coins. What a scam. Possibly the biggest in history.
Most of the wealth gets transferred up to the bankers. Only 1% of people own their homes, and only 2% own their cars. The banks make money off this interest from just about every person in the country, and they can loan out 10x what they have on deposit. Even better, the Fed loans money to the U.S. government and has it paid for by the the citizens of this country through the income tax.
If this isn't the biggest scam ever conceived, then I don't know what is.
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
- Henry Ford
It costs the federal reserve the same amount of money to print a sheet of $1 bills and $100 bills, or about 4 cents each. Where is the justice in that? That is why gold is so valuable. It takes 10 times the work to get 10 ounces of gold compared to 1 ounce of gold. But the only thing different between a $1 bill and a $100 bill is the way the ink is smeared on the paper.
Also, they took all the valuable metals out of circulation like silver in dimes and copper in pennies and gave you a bunch of shit alloy metals to pass around at the same value of the original coins. What a scam. Possibly the biggest in history.
Most of the wealth gets transferred up to the bankers. Only 1% of people own their homes, and only 2% own their cars. The banks make money off this interest from just about every person in the country, and they can loan out 10x what they have on deposit. Even better, the Fed loans money to the U.S. government and has it paid for by the the citizens of this country through the income tax.
If this isn't the biggest scam ever conceived, then I don't know what is.
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
- Henry Ford
Could you find a more obscure source than this? Why did the fed stop reporting M3 data? Why don't they just tell us how much they're printing? I don't think they can because the amount is obscene and close to embarrassing.
That's ok. We'll just keep letting China accumulate trillions in excess cash and let them buy all the U.S. assets, businesses, and real estate they would like. They won't have to go to war with us, they will own a majority of this country in 20 years if we keep it up.
That's ok. We'll just keep letting China accumulate trillions in excess cash and let them buy all the U.S. assets, businesses, and real estate they would like. They won't have to go to war with us, they will own a majority of this country in 20 years if we keep it up.
Consumer spending is up and inflation is down. DOW near alltime record and America remains STRONG
http://www.marketwatch.com/news/sto...x?guid={737E670B-13C7-46B6-A28F-BC0568194C39}
Makes one wonder where some of these guys get their info fromhola
http://www.marketwatch.com/news/sto...x?guid={737E670B-13C7-46B6-A28F-BC0568194C39}
Makes one wonder where some of these guys get their info fromhola
