Tuesday, February 18, 2014
And now, the news
Reformed Borker (Bork Bork Bork!) - real consumer confidence returns. Fatty points out that we should pay attention to hard data and not people's stupid opinions.
BI - Jim Rogers' worries about China. For what it's worth: he's come down with the rabies these past few years, but he's still Jim Rogers.
Reuters - auspicious dates in 2014 for buying gold in India. I'm not that bullish on Indian demand after May, because apparently we might have an El Nino to worry about this year. Keep your eyes open for that.
Mineweb - forecasters still bearish gold. SocGen is calling for 4Q14 average of $1050, and some other clown is calling for a 4Q14 of $1020. I guess you can call this a demonstration of the inertia of narrative? I'm sure that they'll change their forecasts at $1400. And people in the LameStream media will still think their forecasts are worth listening to.
Reuters - gold smuggling will increase if India doesn't back down says WGC. Well duh.
The Guardian - one in four Americans think Obama is the Antichrist. But really, is it really a bad thing if you elect the Antichrist? Seems to me you're getting a useful ally. And it's not like the US is on the side of God or anything.
Slate - psychologists prove internet trolls are sadistic, narcissistic psychopaths. As opposed to the fluffy little balls of sunshine we always thought they were. Personally I just delete their moronic childish posts without any comment. That eventually clues them in. Takes time though, since psychopaths are very poor learners.