economics, politics, gold, and silver, from an anarcho-capitalist point of view
I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.- Thomas Jefferson.
Tuesday, August 9, 2011
I covered a little more than half of my S+P short position @1133. Starting to think about re-shorting. This looks like a suckers rally, partially driven by falling US$. Remember, most of the biggest up days in market history occur during bear markets.