"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •506 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,524.20 | +7.00 | +0.46% |
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WTI Crude •12 hours | 58.06 | -0.94 | -1.59% |
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Gasoline •12 hours | 1.883 | -0.035 | -1.82% |
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Ethanol •506 days | 2.161 | +0.000 | +0.00% |
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Silver •506 days | 30.82 | +1.16 | +3.92% |
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Silver • 506 days | 30.82 | +1.16 | +3.92% | |
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Copper • 506 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 hours | 62.56 | -0.82 | -1.29% | |
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Natural Gas • 12 hours | 4.580 | +0.106 | +2.37% | |
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Heating Oil • 12 hours | 2.456 | -0.077 | -3.04% |
Article Archive | Page 1913
Le Monde Headline 'No, France is Not Bankrupt'
This amusing headline story by Bruno Moschetto, a professor of economics at the University of Paris in the French newspaper Le Monde has me laughing out loud this morning: "
LSE's De Grauwe: Euro Area In 'Deep Trouble'
Paul De Grauwe, a professor at the London School of Economics, told Tom Keene on "Bloomberg Surveillance" today that the euro area is at risk because "so many big mistakes…
Dealing with QE-Wars and Currency Devaluations
Whether you live in Cyprus, England, Japan, the United States, or elsewhere, the battle for financial survival is taking on new dimensions. At issue is the steady dilution of the…
Cyprus Lifts the Curtain
This week financial analysts, economists, politicians, and bank depositors from around the world were outraged that European leaders, more specifically the Germans, currently calling many of the shots in Brussels…
SPDR Sector Relative Strength Pattern Pre USA Downgrade Repeats
The 2012 stock market just before the USA was downgraded by credit agencies showed the same relative…
Euro Banking System On The Verge Of Collapse
News came out yesterday that all Cypriot banks will continue to be closed until at least next Tuesday and may remain closed permanently. Last week, the European Central Bank threatened…
Equity Bubble is Based on Unsustainable Earnings
The most pervasive question on Wall Street these days is if the Dow Jones Industrial Average, which is at a record level in nominal terms, reflects strong corporate profits and…
A Quarrel in a Far-Away Country between People of Whom We Know Nothing
Even for those living on a distant continent, the confiscation of state-guaranteed bank deposits in Cyprus is a reminder. (At this stage, it is not clear the Eurocrats will succeed.)…
Daily: Waiting For a New High
The market resumed its advance on Wednesday. So, we feel rather confident with current wave count. If this scenario is the right one, we should reach higher levels in coming…
They Really Do Care
It really is a marvel of a market these days. It doesn't strike me as completely odd that stocks have recovered almost all of the losses they experienced on the…
