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Article Archive | Page 3499

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Technical Market Report

May 16, 2009 at 00:00

The good news is: • In spite of a pretty rough week for the major indices there were no new lows to speak of on either the NYSE or NASDAQ.…

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Faith-Based Economics

May 16, 2009 at 00:00

Why does government data need to be revised so often? Is it conspiracy, as some claim, or is it methodology? And if it is methodology that leads to faulty data,…

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Credit Card Defaults At Record Highs But Worst Is Yet To Come

May 16, 2009 at 00:00

Credit card defaults are soaring, with double digit rates at Citigroup, Wells Fargo, and American Express. Let's take a look starting with Credit Card Defaults Reach Record Highs in…

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The Truth About the Banks Has Been Released: The Open Source Spreadhseet Edition

May 15, 2009 at 00:00

I have fulfilled my promise to release the information and data that I sourced from the NY Fed and the FDIC web sites. It is complete, and is left open…

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Quantitative Rising Demand for Silver

May 15, 2009 at 00:00

If you are one of the people who write to me and question my consistent advice to buy gold, silver and oil ("Dear Mogambo, You're…

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Just the Facts

May 15, 2009 at 00:00

For the week, the S&P500 fell 5.0% (down 2.3% y-t-d), and the Dow lost 3.6% (down 5.8% y-t-d). Economically-sensitive stocks gave back some of their recent big gains. The Morgan…

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The Price of Oil

May 15, 2009 at 00:00

How did it get here, and where is it going? What a difference a year makes. While March lions and April showers were at work in 2008, so were these…

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Gold 2009: The Story So Far

May 15, 2009 at 00:00

Whether inflation or deflation strikes, a growing number of people are fast buying gold for defence... IT'S COMMON KNOWLEDGE that gold bullion proved the most reliable wealth-store during the vicious…

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Countries Must Let The Dollar Plummet

May 15, 2009 at 00:00

Investors are pushing the US dollar down and commodities up as a consequence of the Federal Reserve's strategy of printing money and levering its balance sheet. Currencies Australian Dollar (NYSE:…

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Who, Me? Yes You!

May 15, 2009 at 00:00

When, during the invasion of Iraq, the United States Government issued its famous deck of playing cards with the 52 arch villains of the Iraqi police state, Saddam Hussein's face…