Archive for September, 2009

FED Bandits Almost out of Ammo

Tuesday, September 22nd, 2009

When the FED bought yet more Treasuries yesterday, effectively printing money, the market rejoiced. Karl Denninger documents it well in his latest post (look at the two charts near the bottom). Unfortunately, few such happiness-shots remain: The program to buy Treasuries is capped at $300 billion, and after Monday 9/21, $289 billion has been spent.

I expect two or three more of these infusions before they run out of heroin for the drug addict. This should get us to the beginning of October. Then what?

What I Did Last Summer

Saturday, September 12th, 2009

Geir Jumps!

Photo by Mick Mason www.mickmasonphotography.com / ParkourGenerations

To make a long story short. My brother and I participated in a 6-day intensive training parkour camp in the French Alps from June 21 – 28. Each day started with a short run and plenty of push-ups at 5:50 am. Then breakfast, exercise, lunch, exercise and dinner (and one day we also did a night session). I was tired at the end of that camp. I mean really tired. Imagine all your muscles aching, even muscles you did not know existed…

Parkour Generations recently published a gallery showing the Morzine experience. By the way, we also did white-water rafting, the food was excellent, the instructors were extremely skilled and the spirit of the 24 participants was incredible! Highly recommended for anyone who wants to train hard and have a vacation they will not soon forget!