Please, click here to read this article in pdf format: march-2-2010 We will be brief today, for nothing of macroeconomic consequence has taken place in the past 24hrs. The action that caught our attention yesterday was in the foreign exchange market (the market that never lies). In particular, we refer...
Posted to
A View from the Trenches
by
Martin Sibileau
on
Mon, Mar 1 2010
Filed under:
Filed under: Martin Sibileau, Agency debt, CAD, interest rate, regulation, Agencies, Euro-zone, GSE, TSX, bubbles, Bank of America, asset inflation, European Union, exchange equation, Preferred Stock Purchase Program, PPSP, Euro, USD strength, Europe, inflation, Canadian dollar, non-nuetrality of money, delinquency buyouts
Please, click here to read this article in pdf format: www.sibileau.com Today’s letter is very brief and is the continuation of Friday’s, which at the same time, constitutes another good test of our Thesis No. 2 on gold, postulated on April 21st, 2009. Why is today’s letter so short...