Archive for May, 2011

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Grand Gulf Nuclear Plant: “Unknown Amount” of Tritium Released Into Mississippi River

May 8th, 2011

I guess the intertubes are so clogged with fake Bin Laden nonsense that this one wasn’t important enough to mention. There are only two references to this story on Google News at the moment and 60,900 for Bin Laden. Via: Natchez Democrat: An unknown amount of radioactive water was released accidentally into the Mississippi River […]

And Now… Scientists Afflict Neural Network with Schizophrenia

May 8th, 2011

I was reading along, thinking that this sounded like run-of-the-mill grant swindling, but then this paragraph damn near slapped me out of my chair: After being re-trained with the elevated learning rate, DISCERN began putting itself at the center of fantastical, delusional stories that incorporated elements from other stories it had been told to recall. […]

MultiCharts Discretionary Trader – Free

May 8th, 2011

I know that many of you are interested in technical analysis and trading, so I thought I’d mention that TSSupport has released a completely free version of MultiCharts. The main functionality difference between the professional and the free versions is that you can’t create your own functions, indicators and strategies with the free one. Even […]

Greece Considers Exit from Euro Zone

May 6th, 2011

Via: Spiegel: The debt crisis in Greece has taken on a dramatic new twist. Sources with information about the government’s actions have informed SPIEGEL ONLINE that Athens is considering withdrawing from the euro zone. The common currency area’s finance ministers and representatives of the European Commission are holding a secret crisis meeting in Luxembourg on […]

Silverfinger – The True Story Of Nelson Bunker Hunt

May 6th, 2011

Via: Zerohedge: Over 30 years ago, a man by the name of Nelson Bunker Hunt hatched the perfect plan: protect his inherited wealth (which then was one of the largest legacy fortunes in the world) from the inflationary destruction of “paper” assets by converting his assets into silver, and in the process cover the silver […]

Gold, Silver Prices Free Fall on Dollar Rally, Margin Hikes

May 5th, 2011

Via: The Street: Silver prices tanked after another margin hike from the CME and a stronger U.S. dollar, taking Gold prices along for the ride.

Dollar Rallies on ECB Interest Rate Statements

May 5th, 2011

Warning: This is not a recommendation to buy, sell or hold any financial instrument. I don’t know how to tell the difference between a sucker bounce before an index heads lower and a double bottom that touches off a rally. We are definitely in the zone where a strong rally could get started on the […]

America’s Middle Class Crisis

May 5th, 2011

Via: Yahoo Finance: Schwenninger’s recent report “The American Middle Class Under Stress” has some stunning facts that highlight the struggles the average American is having getting a decent-paying job and keeping up with rising cost of living. Here are just some of the sobering facts: — There are 8.5 million people receiving unemployment insurance and […]

Trading Disclosure

May 5th, 2011

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Bought SLV May 21 2011 41.00 Call.

How Goldman Sachs Created the Food Crisis

May 5th, 2011

I covered this back in 2008: If I buy a wheat contract, I should have to take delivery of the physical wheat on the specified date. If I sell a wheat contract, I should have to deliver the physical wheat on the specified date. I should not be allowed to buy or sell those leveraged […]

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