Take a break from worrying about PIIGS and worry about regular pigs for a minute. With all the bacon that Jason and I have been eating, we’ve apparently driven the price of pork up so high that there are full-blown pig-rustling operations in existence nowadays. Seriously, though, a combination of increased demand for succulent hog, [...]
Entries Tagged as 'commodities'
July 13th, 2011 · 21 Comments · all ur bankz, bailout, bernanke, breaking news, commodities, fail, markets
Ben Bernanke tells Ron Paul that gold isn’t money, gold is tradition.
May 6th, 2011 · 4 Comments · commodities
Silver’s down? Well, call the Lone Ranger, that’ll cheer him up. Gold and oil, too? We could prattle for ages about whether the loller dollar’s rebound will continue to send shockwaves through the commodities market, but we won’t. We just want to talk about bacon. Namely, the unmitigated pork cravings by those who dig on [...]
April 19th, 2010 · 2 Comments · commodities, goldman sachs
Yeah, apparently, these charges against Goldman Sachs are so serious that investors are unloading ANYTHING that has “gold” in the name. Gold futures took a nosedive on Friday, continue down again today: Announced on Friday, the Securities and Exchange Commission action against Goldman Sachs hit major benchmarks around the globe, with Asian stocks falling early [...]
January 8th, 2010 · No Comments · commodities
Cerberus – the private equity firm named after that three-headed dog that guarded the gates of Hell, because Steve Feinberg thought it was “a good idea at the time” – arguably got the short end of the stick in the massive auto industry bailout, losing their equity stake in Chrysler and pretty much having to [...]