Les Rapports de Force Entre Nicolas Sarkozy et François Hollande

Although the recent Presidential election results were close, there was in fact a more clear division of support geographically.

Link to original here.

Gold Daily and Silver Weekly Charts - Psycho Killers Qu'est-ce Que C'est?"

"Hi. I've got a tape I want to play."

David Byrne, Talking Heads

I think today was a number 36.

Do you think they could just eliminate the traders and exchanges and run the whole US futures complex with CGI from J. P. Morgan's servers?

Hi, this is Virtual Maria from the massively multiplayer NYSE...

Just take Charlie Munger's advice and put your life savings into the equity markets slot machine. But no whining when they take all your money through the mispricing of risk and fraud.

"Charles Munger, the billionaire vice chairman of Berkshire Hathaway Inc., defended the U.S. financial-company rescues of 2008 and told students that people in economic distress should 'suck it in and cope.'"

Bloomberg, Sept 20, 2010

Unless of course you are a member of one of the mongrel races, and then you do something uncivilized and buy gold.

SP 500 and NDX Futures Daily Charts - Something Is Not Right With The US Markets

"The markets are broken, and people desperately would like to see them fixed."

Joe Saluzzi

Are we supposed to take this nonsense seriously?

Oh yes, I want to put my life's wealth into something that has less integrity than carnival toss or a floating crap game.

Charlie Munger is a such a bloviating wanker.

Gold Daily and Silver Weekly Charts - Miss in Non-Farm Payrolls - Qu'ils mangent de la brioche

Miserable day for stocks and one of the worst weeks of the year for the major equity indices.

Gold and silver held up fairly well in today's equity sell off.

Happy Cinco de Mayo.

It appears that Charlie Munger believes that the people of India and the Mideast are not civilized.  And God only knows what he might say about the Chinese, including their central bank.  Don't they know they are supposed to hold US dollars, and invest them in treasuries and on Wall Street for safekeeping?.  Charlie Munger on gold. 

I wonder what kind of low lifes he thinks might be buying silver? If the people are fearful of inflation, let them buy a railroad.

Qu'ils mangent de la brioche.

It's the fraud, Charlie. And powerlessness in the face of official corruption that benefits only a few, such as yourself. When the going gets tough, no one is going to bail them out. And they do not have an army of lawyers and powerful friends to protect their interests.

This is the type of narrow ignorance of the world as it is, and lack of empathy for other people who might not be as fortunate, powerfully connected, and secure, that has always confounded the pampered princes of the Anglo-American cartel.

See you Sunday evening.