Tag Archives: timothy geithner
The Inherent Trouble With Too Much Stimulus
Welcome to 2010! Now that the holidays are over and last minute Tim Geithner vandalism complete, actual real economic statistics should begin to bleed out. First up, pending home sales… ECONX Pending Home Sales M/M -16.0% vs -2.0% consensus, prior +3.9% …Now there is a real figure and one that should surprise no one reading this blog on a regular basis. Moreover, […]
Gold and The COT Short Position, U.S. Treasury Winds Down Money Market Funds Guarantee
I have been asked by a few readers about our thoughts on the COT short position in the Gold market. For those not aware, COT represents the commercial traders in Gold. Conventional wisdom states that if COT has a significant short position look out below. In our opinion this “wisdom” is incorrect. I would like to direct your attention to […]
Manipulation of Equity Markets: Helicopter Ben, Pinocchio Tim and Arthur Levitt / California Misses Budget Deadline
RCM Editorial While the mainstream media is busy rolling “green shoots” and smoking them, I thought I’d compose a post today to help you ‘JUST SAY NO.’ Ben “Helicopter” Bernanke and his side kick Tim “Pinocchio” Geithner (honestly, watch him speak, I swear his nose looks like it grows) have been dealing some pretty potent D.C. “trip shoots.” Of course, […]
Geithner’s Rant, Obama Administration’s Desperation?, Ramifications of the Clunker Plan
This story is quite disturbing. The Obama administration is sliding down a slippery, or should I say, slimy slope. In Q4 of last year fear mongering was the tactic of choice to push policy (e.g. auguring global financial ruin if senators didn’t quickly pass questionable legislation.) In Q1 & Q2 of this year financial market manipulation was the potion incorporated […]