Daily Market Update

From the Sub-Prime to the Ridiculous

On a day when I read that rising fuel prices are putting a pinch on the world’s oldest profession
I am reminded that there are commentators that can laugh in the face of creeping economic woes. Max Keiser is one of them:

Ok, so it isn’t very funny, but it is insightful. Interestingly, he points out that the banks may be viewing the rising oil prices as a way out of their subprime etc. losses. He is also, as always, quite bullish on Gold.

Mark OByrne

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