Part 2) Doug Noland – The Consequences of Massive Credit

About this week's show: -What is a credit bubble? -How misallocation of capital distorts market pricing -What you can do about it

Part 1) Doug Noland – The Consequences of Massive Debt

-An open hand: Your business & assets as your ministry/legacy -Upside-down world: stocks now for income and bonds now for capital appreciation?!!! -Upside-down world: Krugman calls for MORE [...]

Silver Slumps To 6-Week Lows, Gold Ratio Surges

Silver is slumping this morning, back below $19.50 at its lowest level in 6 weeks. Gold is fading also but remains coiled around the $1350 level for now.

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