Fitting that Gordon Brown - the very man who unloaded half of the Bank of England's gold at $250/oz - resigns as Prime Minister of England on a day when gold hits an all-time high in U.S. dollars. To be frank, Brown should have been beheaded by sword, like ex-Queen (1533-1536) Anne Boleyn, rather than rewarded with the Prime Ministership. I wonder how Shakespeare would have portrayed this era in England...and I'm even more curious to know who bought the 400 tonnes of BOE gold...
"Time shall unfold what plaited cunning hides." Shakespeare, King Lear
I had to add this, with regard to the news that GM may buy back GMAC: Jesse of Jesse's Cafe Americain remarks: "It's the equivalent of a dog returning to eat its vomit."
Tuesday, May 11, 2010
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