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Article Archive | Page 2113

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Government Dependency Will End in Chaos

Oct 09, 2012 at 09:48

The media insists on characterizing statements about dependency on government handouts as controversial, but in truth such statements are absolutely correct. It's not that nearly half of Americans are dependent…

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IMF Lowers Global Growth Forecasts, and Likely That of the United Kingdom

Oct 09, 2012 at 09:24

The International Monetary Fund cut its global GDP forecast to 3.3% and 3.6% for 2012 and 2013 respectively. Reuters had reported Friday that German newspaper Handelsblatt said the International Monetary…

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Jobs Report Will Not Derail Fed

Oct 09, 2012 at 09:02

The gold market dropped nearly $20 an ounce shortly after the U.S. Non-farm Payroll report was released on Friday. The Labor Department reported that the unemployment rate dropped to 7.8%,…

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Riding Into The Sunset Or A Brick Wall?

Oct 09, 2012 at 08:44

A month ago, I presented the case for why Fed Chairman Bernanke would have strong motivation to launch another round of quantitative easing (QE) before the election. In short, it…

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SPX: Follow Up of the Short Term EWP

Oct 09, 2012 at 07:51

Luckily today I don't have anything substantial to add to what I have been discussing regarding the short-term scenario. As a reminder below Is what I wrote on Sunday: "From…

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USD/CAD: Consolidating After Sharp Decline

Oct 09, 2012 at 05:36

USD/CAD's wild swings on 5 October has created a support at 0.9736 (05/10/2012 low), which is strengthened by the proximity of the short-term support at 0.9726. An hourly resistance can…

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A Little Fun for a Change - Try the Fed's Own Inflation Model

Oct 08, 2012 at 13:42

Confused about what the US Federal Reserve hopes to achieve with QE3? Now you can find out. Stand in for Chairman Ben Bernanke and play the new and exciting game…

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This Could be a Dangerous Pattern

Oct 08, 2012 at 11:35

Sometimes, people forget the link between banks and the economy. Many potential borrowers are complaining about "the hundred hoops" banks are making them jump through in applying for a loan…

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Zen Slap

Oct 08, 2012 at 09:40

Don't look now, but after last weeks dramatic divergence in the Aussie and the SPX - everyone suddenly…

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The SCO, China, Iran, and Gold

Oct 08, 2012 at 08:20

I make no apology for returning to the subject of China, its role in the Shanghai Cooperation Organisation,…