Tuesday, 14 July 2009

Here is your Crux AM update:

Goldman insiders dumped $700 million in stock during bailout
Executives unloaded as company enjoyed $10 billion in support from taxpayers.

Switzerland is caving on banking secrecy
"Finally forced to kneel before the incredible power of the U.S. government."

Jeff Clark preparing to short major market bellwether
Several sell signals stacking up...

Forget gold: This is how China is fleeing the dollar, Part II
Putting billions to work in this sector…

Legendary Biggs buying China, U.S. Treasuries
Says China's growth will surprise, inflation will remain tame.

$787 billion stimulus plan a debacle… economy is worse than you think
"No wonder poll after poll shows a steady erosion of confidence in the stimulus."

Regards,

The Daily Crux
www.thedailycrux.com