Daily Global Economic Calendar

Real Time Economic Calendar provided by Investing.com.

Monday, October 14, 2013

Third Week of Gov Shutdown

Government is really not completely shot down. ZH said that 83% still operational. State and local are working, but still... Treasury will run out of money this week. It happened before and always resolved itself.
“Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.”
~ Milton Friedman
Positions:   Almost 30% cash

Entire Precious Metal (PM) portfolio is under water, with TRX, SIL, RGLD, GDX down 25%+. This PM trade is failing and, barring a miracle recovery, will have to be liquidated.

Watch list :
TSLA and FB no re-entry. Info only

Jim Chanos of Kynikos Associates.Talks about China, how hard to be a short seller (yea, no shit). "...its a celebrity market - its who is buying a stock , not why..."  MLP and REIT's

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