Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 12/29/11

Daily Reading on the Financial Markets: 12/29/11

From Zero Hedge, while the ECB claims it’s not “printing”, their Balance Sheet suggests otherwise.

Also from Zero Hedge, Art Cashin reports on the makings of a Bank Run fomenting in Europe.

At Macrostory, Tony Pallotta continues to makes his case that, in the big picture, this is a bearish credit event that will evidence itself first in currencies (as we see the US Dollar rally) and then equities.

Cullen Roche at PragCap on the differences between Austrian Theory on Modern Monetary Theory when viewing our monetary system.

At Seeking Alpha, Retracement makes the case that RIG is a great value at current prices.  (Editor’s note: I agree, but was recently stopped out of a position as it has also broken below critical technical support levels that held in 2008 and 2010)

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