Swelling, Declining, What's Difference?

Over at Angry Bear, PGL catches Reuters printing some nonsense. I'm astounded by the willingness of newspapers and wire services to assign reporters to beats who obviously don't know what they're talking about....

UPDATE: Of course the nonsense comes through so hard and fast from NRO Financial that it's hard to even figure out what's going on, so it is important to keep things in perspective. Would you take investment advice from a man this inept?