I was thinking of posting something very similar this morning but you beat me to it! Haha, with a much better compilation of news and commentary. I love it.

Believing the MSM, especially Finance MSM is the costliest mistake most people do. I've lost several millions in lost opportunities because of this. You need to understand they HAVE TO LIE, they respond to their advertisers, owners and viewers. Finance news are always fuzzy, uncertain, so they will always lean on the side that makes their sponsors the most money. If an analyst is invited once that speaks an inconvenient truth, they won't invite that person again ever. They have to be rosy all the time because, in the end, they are selling you ads to buy stuff that's not necessarily good or timed right for you.

Warren Buffet is the same. He can't speak his mind on TV, it would be irresponsible for him to do that! Imagine if Warren Buffet came today saying he believes the Stock Market is about to implode... It would be chaos and most people would turn against him and even believe he caused the crisis, not the underlying causes.

Regards Task, Great post!