Friday, June 8, 2012

More Bank Bailouts; Gold Trading Range; Fedex Hike; Let’s Go to Mars

  • 6/7/12
    The Pain in Spain
    This morning we learn that Spain will request EU bank aid on Saturday. Does anyone get sick of banks needing aid that ultimately boils down to a taxpayer funded rescue? The latest chapter of this insanity is now focused on Europe, but you can bet it will happen again on U.S. shores if a financial emergency should arise again.
    Eu 100 bln is a likely bailout figure. Stay tuned. We’ll know more late day Saturday and... read more here:

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