Buy gold, silver and oil as fast as you can, you morons, or die a horrible death by inflation like the people of Zimbabwe!

I saw a report on the IFO’s correlation with the euro’s past moves to higher ground… Made sense to me, as strong IFO reports came out right before the euro moved past previous big figures…

At a time when Europe and the United States are shedding jobs in the financial sector, one financial center is only adding to its ranks: Hong Kong.

‘Once in the dear dead days beyond recall, an out-of-town visitor was being shown the wonders of the New York financial district. When the party arrived at the Battery, one of his guides indicated some handsome ships riding at anchor.

Hedge fund managers probably have one of the most profitable businesses on Wall Street and in London. In fact, hedge fund managers make so much that you might say hedge funds resemble con-jobs.

Pepsi Chugs Along on Foreign Sales; Credit Suisse Continues its Struggles; Peltz is Thinkin’ Wendy’s; Drugmakers’ Earnings Sedated; Dubai Aerospace to Dump $2 Billion on More Planes; Merrill Maintains Dividend; Mining CEO Bullish on Gold; Celestica’s Profit Comeback.

Eight years into a new millennium, it feels like the end of an era. The end of the eras of cheap credit, cheap food and cheap energy. Will they be back? Even Pollyanna might swallow hard before giving the nod to that one.

As I said yesterday, UBS has destroyed its reputation as a venerable Swiss bank by acting just like the American banks. For years, UBS has stacked its books with sub-prime mortgage-backed securities. And now, UBS is facing the biggest losses of any bank around the world.