Wed, 11 February 2015
Whatever it Takes Wednesdays with Andrew Hoffman: Greece -today's Eurogroup emergency meeting -yesterday's lie of bailout extension, not happening -Russia to rescue?
Euro -Grexit will NOT be good for Euro, will destroy it -explosion of Syriza-like parties in PIIGS -all will want secession from Euro, debt writeoffs
India -Getting rid of all tariffs
Baltic Index -all time low today
Oil prices -plunging again, after failed deadcat bounce -NFP report had just 1,900 energy job losses! Need to discuss this ridiculous report
FOMC -all goes back to 4/11/13 Obama/TBTF meeting -claim employment and inflation are key goals (as well as stock market, of course) -fake data, rig markets, and of course attack gold -no correlation with reality, such as tomorrow's expected negative retail sales number
Mining Armageddon -KGC got ball rolling last night with catastrophic report -by next week, nearly all PM majors will report -production will collapse
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