I won't get into all of our discussions or his calls as you can read them for yourselves at his excellent blog: ispeakofpeak.blogspot.com
But my hat is off to him and his incredible ability to connect dots mere mortals just can't see.
Mentatt
Saturday, June 6, 2009
The Mad Scientist takes a Bow
It was the Mad scientist that told me months ago that the rate of change in the unemployment picture would begin to change right about now - that corporate America did not have many folks left to lay off. Great call. He also called the decline in the US$ during this recent period. I should have made some bets accordingly.
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The URL should be http://www.ispeakofpeak.blogspot.com/
rather than:
http://www.blogger.com/www.ispeakofpeak.blogspot.com as you have it now.
And, don't forget, he's Canadian! :) But he still hasn't outlined step by step how the cutoff of credit by are concerned China and the world is going to unwind this year or next, and make things very difficult for dollar investment holders (and the Federal government itself). I'm looking forward to more wisdom. :)
The dollar is still defying gravity; what would it be at if it WASN'T the reserve currency?
Or perhaps that should be WHEN ....!
See also Itulip's current article on the very matter brought up by the commentators....
Thanks for that link!
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