9.06.2007

Whooo-eeeeee!!!!

The GDX gold miners ETF is up 6% today. Somebody's short-covering!

You think people are coming around to our view that whatever the Fed/GSEs/Bushie/Chucky do to bail out the housing crash, it's likely to be inflationary?

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Inflation is always and everywhere a progressive phenomenon

Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...