Tuesday, 24 August 2010

The creator of the Hindenburg Omen is dumping all of his stocks



Here is your Crux AM update:

Top manager Hussman: "Abrupt collapse" in the dollar coming
"The policy of quantitative easing is likely to force a large adjustment on the U.S. dollar..."

Top analyst Rosenberg: The U.S. financial system is broken
"There are no quick fixes to a post-bubble credit collapse. Time and shared sacrifice are the only viable solutions..."

Federal Reserve governor was paid to write "glowing report" on Iceland before collapse
"In case you were wondering what kind of corrupt idiots are running our entire financial system…"

The creator of the Hindenburg Omen is dumping all of his stocks
Sees a high probability of a crash next month...

Marc Faber: Get out of the dollar... Buy these emerging markets
Recommends the "Saudi Arabia of Asia."

Mining giant Rio Tinto: Commodity prices could plunge to new lows
"Markets are entering a new age of volatility that could involve dips as low as those seen during the global financial crisis..."

Regards,

Justin Brill
Managing Editor, The Daily Crux
www.thedailycrux.com