Monday, May 16, 2011

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Let’s Get Physical
By: Warren Bevan

 

Gold-coin sales reaching one-year high signal no end to rally

 

U.S. should sell assets like gold to cut debt, conservative economists say

Section: If the U.S. government ever talks seriously about selling gold, it will be because the gold is already long gone, just as the gold supposedly sold by the Western European central banks in the last decade was actually secretly leased gold that was long gone and could not be recovered without exploding the market.



Strauss-Kahn Court Appearance Delayed Until Monday; DSK "Tired But Fine" 


Minutes ago the IMF announced that it has postponed its informal crisis meeting which was supposed to take place this evening, following the rapidly changing situation in New York, where it was just announced that DSK's court arraignment would be delayed until tomorrow, in order for him to undergo a physical examination checking for scratches and other DNA evidence from the accuser. And for those concerned about DSK's well being now that he is relegated from a $3,000 a night room to a metal cot in a Harlem cell, his lawyer said that "He's tired but he's fine." Presumably this means that DSK does not have to consult with a physician as an erection longer than 4 hours has failed to materialize.



What DSK's Escape From Harlem NYPD Will Look (And Sound) Like


We decided to round off this weekend's barrage of surrealist news with some comedy. This is what some expect the imminent escape from Harlem NYPD by the IMF head will look and sound like (and there were those who said Raj Raj is a flight risk).




International Forecaster May 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster




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