Gold Marks Record Highs, Tops $1,225/oz -New York Times
TOKYO (Reuters) - Gold hit a record high over $1,225 an ounce on Thursday, exerting an irresistible pull on investors seeking an alternative to the dollar, despite a Chinese central bank official warning against a potential asset price bubble.
Arming Goldman With Pistols Against Public -Bloomberg
“I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol. The banker had told this friend of mine that senior Goldman people have loaded up on firearms and are now equipped to defend themselves if there is a populist uprising against the bank.
"In a failed state, the government's priorities are totally separate from those of the people. The U.S. can't afford health care or a bailout for jobless homeowners, but it can afford a pointless war and multimillion-dollar bonuses for banksters who wrecked the economy." -Paul Craig Roberts