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Why Is Apple’s Stock in Free Fall? Simple: RTTM.

Written by Gary North on January 25, 2013

The chart tells all. From over $700 to $450: this is a disaster.  Simple: regression to the mean (RTTM). The poor saps on Wall Street never saw it coming. The funds loaded up. Here was a sure thing. It could not lose. Here is a recent article on what happened: How Apple Ate Wall Street. […]

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Rand Paul Sticks It Good and Hard to Hillary

Written by Gary North on January 25, 2013

He said the obvious: no one got fired for the disaster at Benghazi. “I take responsibility,” she said immediately after the disaster that she had overseen. That meant: “I get a free pass.” Ran Paul took away the free pass. He compared Benghazi with 9-11. No one got fired after 9-11, either. There is no […]

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What If Goldman Sachs Went Bust?

Written by Gary North on January 24, 2013

Gary North’s Reality Check (Jan. 24, 2013) The governor of the bank of England is Mervyn King. He is about to be replaced by the man who is presently the governor of the Bank of Canada, Mark Carney. This replacement is unprecedented. A man who is not a British citizen is being brought in to […]

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