I think Noah has missed the point. No one "trades" on tips from ZH - because you can't.
ZH keep on mentioning the Greek and Spanish local/UK law bond spread.
E*Trade does not allow you to short Spanish 10 yr local law bonds and go long UK law ones. If you know of a desk willing to let me place a $1m trade let me know?
Noah has picked up on the "re-blogging" of some of the strangest financial newsletter writers I have come across. These are real doom and gloom guys and I doubt anyone who follows ZH actually reads them and I am fairly sure no one "trades" them.
That said ZH did at first reminded me of an old Russian web news site posting anti West propaganda until I figured out what it was all about.
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