I admit it, I was getting nervous stuck on $6.66, but I'm happy to report a trip to the bank today paid dividends, in the amount of 21 cents. Another case of parking lot pay dirt!
Well last week the G20 resolved to end the credit crunch crisis. The IMF said they were going to sell some of their gold reserves to fund it, consequently the price of gold dropped from around $935 an oz. to $882 at the time of blogging. Also the FASB have relaxed the mark-to-market rules for the banks, making them appear more solvent. Initially the stock market cheered all these moves, it is only now that they seem to realize the growth going forward will be galvanized by an accounting shell game and the IMF gold sales, but hey what do I know, I'm just an average guy trolling around for loose change.
-Luke Sidewalker
-Current balance $6.87
Showing posts with label G20. Show all posts
Showing posts with label G20. Show all posts
Tuesday, April 7, 2009
Friday, April 3, 2009
A spoonful of medicine...
I went to Rite Aid today to fill a prescription, however it was the Sidewalker Fund that got the medicine to the tune of 15 cents I found in the parking lot. One consequence of today's find is that my total now stands at the devilish sum of $6.66, the 'Mark of the Beast'! I had better make a new find soon, superstitious me does not want to be on this total too long.
In other news today the March jobs numbers were reported. The nation shed 663,000 jobs in March and the unemployment level now stands at 8.5%, but not to worry because the G20 met yesterday and they have everything in control!
-Luke Sidewalker
-Current balance $6.66
Subscribe to:
Posts (Atom)
