Gold and What Moves it.
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Tracking all things that relate to and affect the price of gold.
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Neither Management Nor Labor Killed The Twinkie: We All Did

Neither Management Nor Labor Killed The Twinkie: We All Did | Gold and What Moves it. | Scoop.it

Jim Karger writes:

 

"I came close to avoiding the Twinkie topic entirely, if only because so many have already taken it on in animated, breathless fashion. The right-wing has firmly laid the blame on the union, those greedy bastards. After all, had they convinced their members to give up more of their pay, 18,000 would still have a job and all would be making far more than the average American worker.

 

"The left has indicted, convicted, and is ready to execute all Hostess executives, those high paid greedy bastards. After all, they were making millions, even giving themselves pay increases while the little guys were shaking in their boots, dreading the very day that came last week.

 

"On its face, it seems there is a disagreement here, but fundamentally, both sides agree: greed is the problem. They just can't agree on who is greedier. ..."

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Eric De Groot: Review of Gold

Eric De Groot: Review of Gold | Gold and What Moves it. | Scoop.it

"... The invisible hand uses spreads to profit from phase transitions within a trend.  These transitions include inflection and acceleration points (chart 3).  A spike in spreading activity will hint an acceleration point is near. ..."

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