Friday, September 23, 2011

Reggie, Reggie, Reggie...

12:49 am (Hawaii) Reggie Middleton has been constant, consistent, meticulous in analysis of banking implosions to come. Here, Max Keiser gives him carte blanche to explain the state of Euro banksters.

That was yesterday. Today, Moody's downgraded eight Greek banks.

Maybe I should've held my position in FAZ instead of selling yesterday. Oh well.

Futures have gone from very positive to moderately negative since the Moody's news. Spot gold is now at 1700. By 2 am (Hawaii), when premarket trading begins, FAZ might be close to 80.

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