"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Monday, March 7, 2011

US Government is not broke

"The US Government is not broke" says a robot at Brown Brothers Harriman.  "There's no evidence that the market is treating the US Government like it is broke."

The US has buyers for its debts, we know this.  We also know that this allows Wall Street to promote a rosy view when applying the most conventional and robotic analysis