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"It was curious to think that the sky was the same for everybody, in Eurasia or Eastasia as well as here. And the people under the sky were also very much the same--everywhere, all over the world, hundreds or thousands of millions of people just like this, people ignorant of one another's existence, held apart by walls of hatred and lies, and yet almost exactly the same--people who had never learned to think but were storing up in their hearts and bellies and muscles the power that would one day overturn the world."
George Orwell
The EU Energy Chief made some comments about the likelihood of a major radiation disaster in Japan, which may be underway. This caused US equity markets to plunge dramatically.
Energy Commissioner Günther Oettinger said the situation is 'effectively out of control' ...
The markets are getting very mixed news on this, depending on the source. There are weighty papers from MIT saying the risks are minimal, and the US Ambassador in Tokyo issued reassuring words this morning.
Therefore traders are jittery because of the uncertainty regarding the quality of information being released from a variety of sources, and some thinking that there is understatement of the risk by the Japanese government and Tokyo Electric in order to avoid a panic. So the bias is to act first and fact check later.
This is what is called a "trader's market." Triple black diamond slopes IF you can handle them. Danger, une chute dans cette piste peut entrainer de graves lesions et meme la mort. Most people should stay off the slopes and enjoy their coffee in the lodge.
EU Official Warns of Possible Catastrophe In Japan
This is known as the 'Humps and Chumps' Paper Metals Conference.
If you short enough bullion, you get a free ticket, but Bullion Banks are permitted to bring in 100 attendees on 1 ticket.
Business attire required, but hedge fund managers may prefer to wear a wire and have a prior grant of immunity.
Do you think Andrew Maguire will be giving the Keynote Address?
Wow, 'networking' with the boyz. Sounds great.
Oh you're a silver bull. Gold too, huh?
So, you like Huey Lewis and the News?
Their early work was a little new wave for my tastes...
Try getting a reservation at Dorsia now...
