"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •240 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 937.90 | -19.80 | -2.07% |
|
WTI Crude •10 hours | 69.76 | -0.59 | -0.84% |
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Gasoline •10 hours | 2.222 | -0.020 | -0.87% |
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Ethanol •240 days | 2.161 | +0.000 | +0.00% |
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Silver •240 days | 30.82 | +1.16 | +3.92% |
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Silver • 240 days | 30.82 | +1.16 | +3.92% | |
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Copper • 240 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 9 hours | 72.81 | -0.76 | -1.03% | |
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Natural Gas • 10 hours | 3.834 | -0.100 | -2.54% | |
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Heating Oil • 10 hours | 2.315 | -0.033 | -1.41% |
Article Archive | Page 3675
Economyths
"When you look at the mistakes of the 1920s and 1930s, they were clearly amateurish. It is hard to imagine that happening again -- we understand the business cycle much…
Baltic Dry Shipping Collapses
The Baltic Dry Shipping Index covers dry bulk shipping rates and some view it as a proxy for general economic health. The index continues to collapse. Baltic Dry Index …
No Credit, No Leverage
"What we thought was a wall of liquidity, turned out to be a wall of leverage." - Paul Davies in the FT, quoting "a number of senior bankers..." WANNA KNOW…
More on Name Brands
This is a message from a commenter on another site. Thought I'd pass it on: Dear Reggie: Ignore the naysayers and the bashers. They are everywhere. As the saying…
The Misesian Explanation of the Bank Crisis
I've addressed this subject before at greater length, but I want to put it in one post that people can easily link to and pass around. Briefly: the fundamental…
Pivotal Events
The following is part of Pivotal Events that was published for our subscribers Wednesday, October 8, 2008. SIGNS OF THE TIMES: Last Year: "The [Spanish] government is confident that scorching…
Currencies Battle for Dirtbag Supremacy
"Equally weird is that gold is also paradoxically going down in price, even though the dollar is going down in buying power because inflation is higher than the yields the…
The Weekly Report
Welcome to the Weekly Report. As I write this on Saturday afternoon, I see nothing from the G7 statements that can be taken as co-ordinated action. Indeed all I see…
On the Horizon: The Day Ahead: October 15, 2008
Day In Review: • US announces $250bln plan to rescue banking system and FDIC stated it would fully guarantee newly issued, senor unsecured debt from select…
Capitalism Without Capital?
It has been long understood that our federal government is going deeper into debt, consistently raising the debt ceiling and demonstrating no fiscal restraint. In recent years, debt ceiling increases…
